Duke Energy and ENN will host at least four meetings to exchange information, view technology demonstrations, develop best practice models, and potentially develop specific projects in the following areas:
- Solar technology and manufacturing,
- Zero emissions coal technology systems,
- Algae for carbon capture and bio fuels,
- Smart grid enabled energy efficiency.
The first exchange was scheduled immediately following CGI 2009 with meetings of leaders and technical experts from both companies meeting at Duke Energy headquarters in Charlotte, North Carolina. This exchange included:
- A tour of Duke Energy's advanced smart grid pilot site, McAlpine station.
- A review of research and performance data for the McAlpine battery storage options, solar panels, metering, and connections.
- Development of initial draft of best practice model for integrating gas and electric systems with smart metering technology for a comprehensive approach for smart energy management.
- Review of performance data related to ENN's existing portable algae unit used with flue gas emissions, and assessment of potential technology transfer to US coal plant applications.
This initial exchange may also include academic partners to advance knowledge transfer.
In addition to the meetings, information exchange may be made in the following forms:
- Exchange of best practices, innovative approaches, and real-world learning regarding technology development and implementation.
- Direct, face-to-face discussion, demonstration and experience sharing.
- Exchange of people.
- Appropriate discussion of, and response to, information requests with necessary written materials.
In addition to these information exchanges, joint projects may be developed which would significantly increase the impact of this commitment.
As the largest emitters of CO2, the world is looking to China and the US to lead the response to global climate change. Constructive efforts are happening between the two countries at every level -- including memorandums of understanding (MOUs) between the government agencies and cooperative actions between NGOs.
To address the impacts of global warming, rapid action is needed by every sector -- including business. By forging relationships with leading Chinese state-owned and private energy and technology companies, U.S. companies -- at times working with the federal government -- can create a 'ladder of cooperation' with the Chinese to lead the world forward on climate change. This ladder cannot be climbed overnight; it will be one rung at a time and will take time to establish the trusting, give-and-take relationship on which good business partnerships are built.
There will always be healthy competition between China and the U.S. in developing and marketing technologies, but given the economic and financial interdependencies, there is a mutual interest in closely working together to scale up and commercialize the best clean and green tech ideas, regardless of the country of origin. With mutual trust and respect, cooperation and competition can coexist.
China and the US have committed to rapidly developing clean-energy technologies. Working together, the U.S. and China can accelerate the commercialization of new technologies - bringing scale and cost efficiencies to the development process. As leaders on clean energy in China and the US, ENN and Duke Energy are building upon the emerging cooperation that exists between the two nations on energy and climate. ENN and Duke Energy believe that collaboration and mutual sharing of information will benefit not just the two companies, but the larger global market for clean energy solutions.
About Duke Energy Corporation:
Duke Energy is the third largest electric power holding company in the United States, based on kilowatt-hour sales. Its regulated utility operations serve approximately 4 million customers located in five states - North Carolina, South Carolina, Indiana, Ohio and Kentucky - representing a population of approximately 11 million people. Duke Energy's commercial power and international business segments operate diverse power generation assets in North America and Latin America, including a growing portfolio of renewable energy assets in the United States.
Headquartered in Charlotte, N.C., Duke Energy is a Fortune 500 company traded on the New York Stock Exchange under the symbol DUK. More information about the company is available on the Internet at: http://www.duke-energy.com/..
ENN is committed to clean energy for China and the world. Since its founding 20 years ago, ENN has grown into an integrated group of companies that delivers clean energy to millions of customers and provides overall clean energy solutions to city governments and heavy industry. ENN has more than 100 subsidiaries in over 80 cities across China and around the world, and employs mor than 24,000 people. Additional information about ENN is available on the Internet at: http://www.enn.cn/en/index/index.html
SEEKING: best practice information. To accelerate clean energy technology development, we are seeking best practies, innovative approaches and real-world learning regarding technology development and implmenetation.
OFFERING: best practice information. To accelerate clean energy technology development, we will share best practies, innovative approaches and real-world learning regarding technology development and implmenetation.