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Closings….Not the Good Kind!
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By Katie Byard Online journalist
POSTED: 12:32 p.m. EST, Dec 13, 2007
The University of Akron is getting $2 million from FirstEnergy Corp. for energy projects, including one aimed at reducing carbon emissions from coal-burning power plants.
The money also will be used for development of coal-based fuel cells, a non-polluting energy source.
Researchers envision the cells being used commercially as an alternative to burning coal.
Half of the energy produced in the United States comes from burning coal.
FirstEnergy President and Chief Executive Officer Anthony J. Alexander was to announce the $2 million pledge today during his presentation to the Akron Roundtable that meets at noon at the Tangier restaurant in Akron.
UA will create the FirstEnergy Fund for Advanced Energy Research at UA, according to a FirstEnergy news release.
The university has a ''long tradition of technologies research in general and energy studies in particular,'' Alexander said in the news release.
FirstEnergy said it also has secured a $250,000 contribution to the fund from Pittsburgh-based CONSOL Energy, a coal producer that is a major fuel supplier to the electric power industry in the northeast United States.
''Every forecast I have seen suggests that coal must remain the cornerstone fuel for electricity generation in the United States,'' said J. Brett Harvey, CONSOL's president and chief executive officer, in the news release.
The research at UA ''will help ensure that coal is compatible with the nation's energy and environmental priorities in the years ahead,'' Harvey said.
Earlier this year, area federal legislators said that UA was getting $1.2 million for coal-based fuel-cell research.
In 2005, the university received a $500,000 grant for the development of a high-performance, 5-kilowatt, coal-based, fuel-cell prototype.
The University of Akron is getting $2 million from FirstEnergy Corp. for energy projects, including one aimed at reducing carbon emissions from coal-burning power plants.
The money also will be used for development of coal-based fuel cells, a non-polluting energy source.
Researchers envision the cells being used commercially as an alternative to burning coal.
Half of the energy produced in the United States comes from burning coal.
FirstEnergy President and Chief Executive Officer Anthony J. Alexander was to announce the $2 million pledge today during his presentation to the Akron Roundtable that meets at noon at the Tangier restaurant in Akron.
UA will create the FirstEnergy Fund for Advanced Energy Research at UA, according to a FirstEnergy news release.
The university has a ''long tradition of technologies research in general and energy studies in particular,'' Alexander said in the news release.
FirstEnergy said it also has secured a $250,000 contribution to the fund from Pittsburgh-based CONSOL Energy, a coal producer that is a major fuel supplier to the electric power industry in the northeast United States.
''Every forecast I have seen suggests that coal must remain the cornerstone fuel for electricity generation in the United States,'' said J. Brett Harvey, CONSOL's president and chief executive officer, in the news release.
The research at UA ''will help ensure that coal is compatible with the nation's energy and environmental priorities in the years ahead,'' Harvey said.
Earlier this year, area federal legislators said that UA was getting $1.2 million for coal-based fuel-cell research.
In 2005, the university received a $500,000 grant for the development of a high-performance, 5-kilowatt, coal-based, fuel-cell prototype.
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