Rich Kolodziej, President of NGVAmerica, says the very limited distribution network for natural gas is currently available in only 1,200 out of 190,000 gas stations would better serve commercial fleets and long-haul trucks.Since July 2008, Pickens’ Dallas-based investment firm, BP Capital, has lost as much as billion as a result of the falling stock market and credit crunch.A dam that impounds a large reservoir can store and release large amounts of water by adjusting the reservoir level within a few meters.
Then when the energy is needed again, the compressed air generates electricity by blowing through a turbine.
Vanadium redox batteries are being used to store energy and level loads from wind generation projects.
The excess energy is stored chemically in different ionic forms of vanadium in a dilute sulphuric acid electrolyte.
Despite the recession, Denver oil man Philip Anschutz is moving forward with the construction of a wind farm in southern Wyoming and a 900-mile (1,400 km) transmission line to Phoenix, Las Vegas and Southern California.
One of the challenges with using wind to replace natural gas is the intermittent nature of wind energy, since the same wind conditions are not always present.