Comverge reaches 126-MW demand reduction deal with Nevada Power
As part of the two-year deal, Comverge will operate Nevada Power's existing 15-MW to 19-MW demand-response system, which comprises thermostats and digital-control units, from 2007 to 2009. Comverge expects to recognize between $25 million and $30 million in revenue from the contract.
Comverge will market the VPC program to Nevada Power's residential and small commercial customers. The load-management system will encourage energy efficiency and help assure energy reliability during times of peak demand, the company said.
The program also will allow Nevada Power to call on capacity that can be dispatched within 10 minutes.
Nevada's renewable portfolio standard allows utilities to use energy-efficiency programs to meet up to 25% of the standard.
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German coalition backs electricity subsidy for industries
BERLIN - Germany’s three-party coalition is debating whether electricity prices for energy-intensive industries should be subsidised to prevent companies from moving production abroad.
Calls to reduce the electricity bill for big industrial producers are being made by leading politicians, who, like others in Germany, fear the country could lose its position as an industrial powerhouse as it gradually shifts away from fossil fuel-based production.
“It is in the interest of all of us that this strong industry, which we undoubtedly have in Germany, is preserved,” Lars Klingbeil, head of Germany’s leading government party SPD (S&D), told Bayrischer Rundfunk on Wednesday.
To achieve this,…
