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Latest PSEG Global Forms Joint Venture Stories

2008-08-27 03:00:45

PSEG Global and energy storage innovator Michael Nakhamkin have formed Energy Storage and Power, a joint venture to exclusively market, license and support the development and supervise project execution of the second generation compressed air energy storage technology. The compressed air energy storage (CAES) technology stores off-peak energy, in the form of compressed air in an underground reservoir, and releases this energy during peak hours. The CAES technology can reportedly be used...


Word of the Day
grass-comber
  • A landsman who is making his first voyage at sea; a novice who enters naval service from rural life.
According to the OED, a grass-comber is also 'a sailor's term for one who has been a farm-labourer.'