Mines partners with Xcel Foundation in clean energy technology research

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Mines partners with Xcel Foundation in clean energy technology research

DENVER, Colo., Oct. 14, 2008 – The Colorado School of Mines Colorado Energy Research Institute (CERI) and its partners recently demonstrated the initial results of research funded by a $300,000 grant from Xcel Energy through its Foundation. The research will lead to cleaner energy and a cleaner environment in Colorado.

The grant helped establish the Colorado Clean Energy and Environment Project that is administered by CERI, which is managed through Mines. Other project partners include the University of Colorado and Colorado State University.

The project demonstrations focused on new technologies enabling better integration of small-scale photovoltaics on the electricity grid of the future; a better understanding of how energy consumers may respond to future policy that allows for increased consumer-level energy management; compressed-air energy storage sites in Colorado; and carbon management technologies and storage opportunities in Colorado.

Kevin Moore, Colorado School of Mines G.A. Dobelman Distinguished Chair and engineering professor, noted the project aims to address several technical barriers in clean energy generation and distribution.

“The long-term impact of this project will be that Coloradans can enjoy clean and efficient energy through improved conventional energy generation capabilities and widespread adoption of distributed, renewable energy technologies,” said Moore.

“We are excited about the progress of the research and the potential of bringing cleaner energy to the market that will, ultimately, benefit all energy providers, consumers and communities in which we live,” said Marty Smith, manager, Xcel Environmental Policy.

“This grant is another demonstration of Xcel Energy's leadership and drive to play a role the new energy economy outlined by Gov. Bill Ritter. We are proud to keep our leadership position when it comes to clean energy technology development,” Smith said.

The Xcel Energy Foundation provides support for community organizations that work to improve the education, arts, culture and overall vitality of their communities. Foundation grants are determined annually and help meet the needs of communities across Colorado. The Foundation oversees more than $12.3 million in funded charitable activities of Xcel Energy and its subsidiaries. For more information, visit www.xcelenergy.com.

Founded in 1874, Colorado School of Mines was established to serve the needs of the local mining industry. Today, the school has an international reputation for excellence in both engineering education and the applied sciences with special expertise in the development and stewardship of the Earth's resources.

Contact: Karen Gilbert, 303-273-3541

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