WNBF 1290 AM » Compressed Air Storage project http://wnbf.com WNBF News Radio 1290 Tue, 21 May 2013 03:20:04 +0000 en-US hourly 1 http://wordpress.org/?v=3.4.2 NYSEG Not Moving Forward With Compressed Air Energy Storage Project http://wnbf.com/nyseg-not-moving-forward-with-compressed-air-energy-storage-project/ http://wnbf.com/nyseg-not-moving-forward-with-compressed-air-energy-storage-project/#comments Mon, 15 Oct 2012 18:18:29 +0000 Sean Holbert http://wnbf.com/?p=20469 New York State Electric and Gas has informed the U.S. Department of Energy that it will not move forward with the proposed compressed air energy storage (CAES) project in the Town of Reading.

Upon completion of comprehensive engineering and financial evaluations, NYSEG determined that a number of site-specific issues, including the cost of site development, and energy market conditions, including the effects of inexpensive natural gas-fired generation on market prices, make the project at the Town of Reading site uneconomical

Read More|Comment

]]> http://wnbf.com/nyseg-not-moving-forward-with-compressed-air-energy-storage-project/feed/ 0 Photo: Getty Images