AREVA, Duke Energy Commit to Largest Woody Biomass Power Plant Projects in U.S.
New York, September 24, 2008 - At the opening session of the 2008 Clinton Global Initiative, former president, and host of the event, Bill Clinton, announced a joint commitment from AREVA and Duke Energy to proceed with the development of fourteen wood biomass power plants in the United States. The project commitments will help avoid 4 million tons of carbon per year by 2014.
“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. The ADAGE biopower facilities will respond to our nation’s need for new baseload energy alternatives,” said Duke Energy CEO Jim Rogers.
According to the U.S. Energy Information Administration the total installed capacity of wood biomass power generation is 6,000 megawatts, said Clinton. That figure could easily be doubled over the next 10 years.
AREVA is the leading U.S. nuclear vendor and a key player in the electricity transmission and distribution sector. Duke Energy is one the largest electric utilities in the country. Duke supplies and delivers electricity to approximately 4 million U.S. customers across the Mid-Adlantic and Mid-West.
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Image credit: Andrew Ciscel via flickr under a Creative Commons License
[...] announcement was one of several commitments made today at the 4th annual Clinton Global Initiative, held in New York in conjunction with the [...]