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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Germany considers U-turn on nuclear phaseout
BERLIN - The German chancellor on Wednesday said it might make sense to extend the lifetime of Germany's three remaining nuclear power plants.
Germany famously decided to stop using atomic energy in 2011, and the last remaining plants were set to close at the end of this year.
However, an increasing number of politicians have been arguing for the postponement of the closures amid energy concerns arising from Russia's invasion of Ukraine. The issue divides members of Scholz's ruling traffic-light coalition.
What did the chancellor say?
Visiting a factory in western Germany, where a vital gas turbine is being stored, Chancellor Olaf Scholz…
