Wood Group awarded $12Mln Operations & Maintenance Contract by Apex
Wood Group GTS and Apex Bethel Energy Center, LLC (“Apex”) have signed a three-year operations & maintenance (O&M) agreement for the Bethel Energy Center. Under the $12 million contract, Wood Group GTS will be responsible for care, custody and control of the facility when it begins commercial operation in 2017. Construction is soon to begin for the plant in East Texas, which will utilize compressed air energy storage (“CAES”) technology. “We needed an O&M partner willing to work with us during the development stage of the project. In Wood Group, we found a highly experienced O&M service provider with an excellent reputation in the industry and is well respected by investors,” said Jack Farley, CEO of Apex.
Navy Seeks Renewable Ocean Energy Technology
Kaneohe Bay, Hawaii – The Navy’s energy future was the focus of a two-day NAVFAC Conference and Industry Day, held March 26-28 at the Koa Malina Officers Club, Marine Corps Base Hawaii (MCBH), Kaneohe Bay. The Navy, in partnership with the U.S. Department of Energy, will select three ocean energy power developers to occupy Wave Energy Test Site (WETS) moorings at Kaneohe Bay. "The Navy is committed to reducing our dependence on fossil fuels and is leading the way on the development of viable, renewable energy sources,” said NAVFAC Pacific Vice Commander Capt. Pete Lynch. “NAVFAC Pacific is working on ways to make the Navy’s shore infrastructure more energy independent and strengthen our energy security position. The ocean is an untapped resource and possible source of renewable energy.
