Quantcast

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
caparison
  • A cloth or covering, more or less ornamented, laid over the saddle or furniture of a horse, especially of a sumpter-horse or horse of state.
  • Clothing, especially sumptuous clothing; equipment; outfit.
  • To cover with a caparison, as a horse.
  • To dress sumptuously; adorn with rich dress.
This word ultimately comes from the Medieval Latin 'cappa,' cloak.
Related