Friday, October 30, 2009
The Business Review (Albany)
GE Global Research and the University at Albany will share about $13.7 million in federal stimulus money for geothermal energy technologies.
UAlbany will get $2.77 million to install a large geothermal heat pump system that will serve campus facilities.
GE’s grants are:
•$2.4 million to develop high-temperature components for a pumping system that can access deeper geothermal wells •$3 million to develop new technologies that would enable recovery of geothermal energy from lower temperature heat sources using alternative fluids
•$3.4 million to develop a high-tech sensor that can operate at the high temperatures and pressures needed for enhanced geothermal systems. The technology could lead to more cost-effective ways to drill new wells.
$2.08 million to develop an enhanced geothermal system-specific cable capable of accurate, real-time temperature, pressure, strain and vibration sensing in high temperature geothermal environments.
The grants will be matched with a $353 million in private and non-federal cost-share funds.
The Department of Energy describes this project as "The University at Albany will install a large GHPsystem serving 200,000 sq. ft. of dorm and apartment housing, and will leverage additional incentives from the State of NY."