Markets
U.S. open in 15 hrs, 59 mins
BUSINESS NEWS
- Market News
- Earnings
- Recalls
- Recession Watch
- Tech News
- Financial Crisis
- Madoff Scandal
- BloggingStocks
- Luxist
- Money Videos
INVESTING
- Stock Quotes
- Stock Charts
- Stock Ticker
- Currencies
- Portfolio
- Stock Screener
- Broker Center
- Mutual Fund Center
- ETF Center
- Money
- 24/7 Wall St.
- Financial Glossary
PERSONAL FINANCE AT WALLETPOP
- Bargains
- Banking
- Budget
- Calculators
- College Finance
- Community
- Credit
- Deals
- Debt
- Economizer
- Food
- Home
- Fraud
- Insurance
- Interest Rates
- Loans
- Mortgages
- Real Estate
- Recalls
- Recession
- Retirement
- Saving
- Simplification
- Specials
- Taxes
SMALL BUSINESS
DOE buys geothermal plant in Wyoming
AP
CASPER, Wyo. -The U.S. Energy Department has bought a geothermal plant north of Casper for an undisclosed amount.
Ormat Technologies, of Reno, Nev., built the test plant at the Teapot Dome oil field to prove the technical feasibility of using hot water associated with oil production to generate electricity.
The plant was designed to produce 250 kilowatts of electricity. It has been operating for over a year, providing electricity to operate the oil wells.
Officials say while the plant proves the technology's viability, more study is needed to see if it would work at other oil fields in the country.
The federal government plans to continue testing for another two years and collect more data related to long-term durability of the plant.
—
Information from: Casper Star-Tribune - Casper,
http://www.trib.com
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2009-10-19 17:08:46
COMMENTS ( 0 )
Latest Money News
CNNMoney
- White House, lenders, lawyers and borrowers: Nobody can agree on mortgage relief
- Tech IPO comeback: $50 billion in 2010?
- Thanksgiving Trade #6: SPDR S&P Homebuilders (XHB)
- The week in preview: Canadian banks, Aeropostale, Shanda Interactive ...
- Social media has impact on Black Friday for retailers and consumers