Duke, Areva form Adage
The new company, Adage, will work to develop new, environmentally friendly biopower energy in the United States.
Areva, traditionally involved in nuclear power, will work with South Carolina-based Duke to build power plants across the United States that use wood waste-to-power technology to provide power to electricity customers.
Areva will design and build the biomass power plants and Duke Energy Generation Services will manage operations. Adage plans to negotiate power-purchase agreements and fuel contracts for each plant it constructs.
According to the U.S. Energy Information Administration, the current total installed capacity of wood biomass power generation is about 6,000 megawatts, though it is estimated that with continued investment, that number could double over the next 10 years.
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Thousands of customers started experiencing the hitch in tokens generation on Friday evening, with the problem extending through the weekend.
Small businesses such as barber shops that top up multiple times a week were hardest hit.
“My business usually thrives during weekends but I was forced to close early in the evening due to lack of power although I had paid for the tokens that were never generated,” said…
