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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Two new BC generating stations officially commissioned
VANCOUVER - Innergex Renewable Energy Inc. is celebrating the official commissioning today of what may be the last large run-of-river hydro project in B.C. for years to come.
The project – two new generating stations on the Upper Lillooet River and Boulder Creek in the Pemberton Valley – actually began producing power in 2017, but the official commissioning was delayed until Friday September 14.
Innergex, which earlier this year bought out Vancouver’s Alterra Power, invested $491 million in the two run-of-river hydro-electric projects, which have a generating capacity of 106 megawatts of power. The project has the generating capacity to power 39,000…
