The Dominion Resources GreenTech Incubator, a center to assist new businesses focused on energy efficiency and other clean and green technologies, is scheduled to open early next year in Ashland, Va., with financial support from Dominion, one of the nation’s largest producers of energy. Modeled after other successful technology incubators, the Dominion Resources GreenTech Incubator will provide assistance with research, financial services, business... Read more..
The Nature Conservancy announced today that Alpha Natural Resources has donated $25,000 to the international group to help advance its conservation work in southwestern Virginia’s Clinch River Valley. The gift will support a joint Nature Conservancy and Virginia Department of Mines, Minerals, and Energy (DMME) project to inventory and set priorities for the reclamation of Abandoned Mine Lands within the Clinch River watershed. Abandoned Mine... Read more..
Green Power EMC (GPEMC), a partnership of 38 electric membership corporations (EMCs) in Georgia, today announced plans to purchase 17 MW of biomass energy from Multitrade Rabun Gap (MRG), LLC. The Rabun Gap project will use woody waste as the primary fuel in a conventional boiler for the generation of steam to power a steam turbine electric generator. The power purchase agreement is part of Green Power EMC’s mission to research and deliver renewable... Read more..
Kinder Morgan Energy Partners, L.P. announced it is now transporting commercial batches of denatured ethanol along with gasoline shipments in its 16-inch Central Florida Pipeline (CFPL) between Tampa and Orlando, Fla., making CFPL the first transmarket gasoline pipeline in the United States to do so. Kinder Morgan has invested approximately $10 million to modify the line for ethanol shipments which involved chemically cleaning the pipeline, replacing... Read more..
Massey Energy announced that its board of directors has elected Baxter F. Phillips, Jr. to be president of the company, a position formerly held by Don L. Blankenship. Blankenship will continue to serve the company as chairman and CEO. Phillips most recently served as executive vice president and chief administrative officer of the company. In his new role, Phillips will assume increased responsibility for Massey Energy’s aggressive strategic... Read more..
The US Department of Energy has awarded GeneSiC Semiconductor two separate grants totaling $1.5M for the development of high-voltage silicon carbide (SiC) devices that will serve as key enablers for wind- and solar-power integration with the nation’s electricity grid. “These awards demonstrate the DOE’s confidence in GeneSiC’s capabilities, as well as its commitment to alternative energy solutions,” notes Dr. Ranbir Singh,... Read more..
Meridium Inc., the global leader in asset performance management (APM) software and consulting solutions, released its newest solution, Asset Health Indicators, in v3.3.1 of its APM software package. Meridium’s Asset Health Indicator (AHI) solution is an extension to Meridium’s Asset Strategy Management application and provides the ability to define and manage health indicators for asset strategies ensuring that all aspects of equipment... Read more..
G.I. Jobs magazine has named American Electric Power one of the nation’s 50 most “military-friendly” employers for the sixth consecutive year. AEP is among only seven companies that have appeared on the publication’s top-50 list each year since it was introduced in 2003. G.I. Jobs helps provide training and career opportunities for veterans and those in transition from military to civilian employment. This year’s honorees... Read more..
Beacon Redevelopment Industrial Corporation announced that it has formed a wholly owned subsidiary (Beacon Energy Corporation) to manage and operate its natural gas assets. Beacons Management has taken this action to segregate its energy holdings from its real estate holdings so that it may accelerate growth in both its real estate and energy subsidiaries. This action will not negatively affect the shareholders or the company’s ownership of... Read more..
Synthesis Energy Systems, Inc., a global industrial gasification company, today announced that due to the difficult financial environment, SES and CONSOL Energy (“CONSOL”) will cease funding of the front-end engineering design package for the Benwood, West Virginia synthetic gasoline project. With the lack of advancement of the project, the joint development agreement (“JDA”) between SES and CONSOL expired according to its... Read more..