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AREVA & Duke Energy Develop Biomass Plants

September 25, 2008 | 1 Comment

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New York, United States [RenewableEnergyWorld.com] AREVA and Duke Energy announced the formation of ADAGE, a joint venture that will be dedicated to the development of green biopower energy solutions for U.S. electricity customers. ADAGE will facilitate the development of biopower plants that will use wood waste to produce electricity.

"This project comes at exactly the right time as Americans face soaring energy prices and look to meet rising electricity demand with green energy sources."

-- Jim Rogers, CEO, Duke Energy

Under the agreement, AREVA will design and build biomass power plants. Duke Energy Generation Services (DEGS), a commercial power business unit of Duke Energy that owns and develops renewable energy, will manage operations. For each project, ADAGE also will negotiate power purchase agreements (PPAs) and fuel contracts, and secure suitable sites.

"This project comes at exactly the right time as Americans face soaring energy prices and look to meet rising electricity demand with green energy sources," said Duke Energy CEO Jim Rogers. "The ADAGE biopower facilities will respond to our nation's need for new baseload energy alternatives."

The U.S. Energy Information Administration (EIA) estimates the total installed capacity of wood biomass power generation to be 6,000 megawatts. EIA and several energy consulting firms predict that this figure may double over the next 10 years.

Bioenergy

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eurico-pereira-158241

September 26, 2008

Theoretically biomass power plants generate zero CO2 emissions and quickly reduce Utility concerns on this. Technology is surely matured and guaranteed by different equipment suplliers. However, from the financial point of view a significant heating value of the enrgetic biomass will be required. An investment decision on this shall be supported by, among others, two critical topics: i) guarantee of biomass continuous suplly; ii) quality of the said biomass (% humidity; heating value; etc..).
Do we have "energetic" forests in Europe as there are already in Chile?
Eurico Pereira, Lisboa, Portugal.

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