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The redeveloped World Trade Center will be "one of the largest fuel cell installations in the world" according to the New York Power Authority (NYPA). Under the US$10.6 million agreement between NYPA and fuel cell developer and provider UTC Power, fuel cells with a total capacity of 4.8MW will provide an on-site supplement to the renewable and other clean energy that will power the rebuilt centre. The first fuel cells will be delivered to the Freedom Tower in January 2009, and will be owned and operated by the Port Authority, which also owns the building. The fuel cells for the other three towers will be owned and operated by World Trade Center Properties, LLC. "Fuel cells are one of the environmentally beneficial technologies that the Power Authority is investing in under Governor Paterson's leadership to combat greenhouse gas emissions and diversify the state's energy mix. To date, we've installed 15 fuel cells in New York City and other locations, and expect to add to this total in support of the Governor's ambitious goals for significant increases in the state's renewable power," says Roger B Kelley, NYPA President and Chief Executive Officer.

Johnson Controls, a global leader in building efficiency, announced the new LX Series of air conditioners and heat pumps by York, its leading air conditioning, heating, refrigeration, and ventilating company. They feature a MicroChannel coil with enhanced heat transfer characteristics, enabling them to achieve the desired performance levels with less coil surface area than competitive condensers and up to 50 percent less refrigerant. The units are available with environmentally friendly R-410A refrigerant as well as R-22. 14.5 SEER LX Series air conditioners use a compressor blanket and swept-wing fan blade for quieter operation. 15+ SEER can be achieved when the air conditioner is matched with a variable-speed air handler or gas furnace. A fully louvered steel coil guard, corner posts and a polymer mesh protect the condensing coils from damage. The unit's heavy-duty cabinet is made of powder-painted steel that resists corrosion and rust creep.\n\n\n\n\nIn addition, the MicroChannel coil offers better galvanic corrosion resistance than conventional coils. In testing, the coil withstood 7,000 hours of salt spray with a higher success rate than conventional coils at just 1,000 hours, making the units particularly desirable for seacoast applications, reveals the company's press release.\n\n

Investors piled out of Russian stocks Friday after the abrupt departure from the country of a foreign oil boss and the prime minister's unexpected severe criticism of a large steel firm. MICEX, the exchange where the bulk of trading in Russian stocks takes place, plunged by 4.8 percent as of 12:20 p.m. Russian time, while the RTS, a top stock index, lost 4.4 percent to drop beneath the critical 2000-point barrier for the first time since March. After Prime Minister Vladimir Putin's scathing attack on Mechel late Thursday, heavy trading in New York sent the steel and coal maker's stock down by nearly 40 percent, losses mirrored Friday morning in Russian trading. The premier criticized the company, which is the largest supplier of coal for steelmakers in Russia, for charging much higher prices for raw materials domestically than it does for its exports, and called for an antitrust investigation into its activities.

"The copper industry is already facing substitution challenges from materials like aluminium and needs to use technology to help ensure larger-scale, more permanent switches are not made, industry participants said. A group of panelists at the Metal Bulletin and American Metal Market Copper Seminar in New York on Wednesday June 6 said that while technology is clearly an opportunity for the industry, there are still some risks. According to Freeport McMoRan vp sales and marketing Steve Higgins, much of the "easy substitution" - such as plumbing tube or transformer lines - has already happened. "Substitution is less than 2% of refined demand today… It's a bit troubling, but it happens," he said. "The bigger worry is that aluminium is going to make inroads into products that have high switching costs - ACR tubing, motors, or into some medium to high voltage power cables and the like that the manufacturers have to go in and put in a lot of capital costs to convert. Once converted, switching back becomes "extraordinarily difficult," he said. "That's the biggest risk to our market as I..."

"The retirement of experienced copper industry executives and the lack of trained technical replacements is helping to drive substitution and is likely to lead to more mergers and acquisitions as the industry adapts, senior industry executives said. A group of panelists at Metal Bulletin-American Metal Market's copper seminar in New York this week said that the copper sector needed to be far more proactive in attracting new talent and ensuring the gap in the professional supply chain is filled. "One thing that is driving substitution is the retirement of engineers that were very tied into the thought that copper wiring was the only alternative and that aluminium was unsafe," said Stu Thorn, CEO of Southwire. Thorn said the idea that aluminium was unsafe "almost became a psychological obsession" despite the development of new technologies to make it safe. "Now that generation of engineers is retiring, the new generation coming up doesn't necessarily have that same level of bias [towards copper], but what they do have is the drive to make more money, to reduce costs, and find cheaper alternatives," he told the seminar. "There is a shift..."

\n\nNEW YORK - ITT Corp. handed in a 3% higher second-quarter profit Friday, with a weak dollar and strong overseas demand for its pump, valves and electronics systems shielding the company's bottom line from the economic downturn at home. During the quarter, ITT won a major contract to provide filtered seawater to Esperanza, a large new copper-gold mining project in Chile's Atacama Desert.

NEW YORK, July 22 (Reuters) - Freeport-McMoRan Copper & Gold Inc (FCX.N: Quote, Profile, Research, Stock Buzz) said on Tuesday second-quarter profit fell 14 percent as output of the two metals dropped at its massive Grasberg mine in Indonesia.

General Motors Corp., along with a consortium of more than 30 utilities and a non-profit electric industry research group, has struck a deal to forestall potential problems when the company introduces its new electric vehicle to the nation's showrooms. An EPRI official also emphasized the grid aspects of the collaboration. Said Arshad Mansoor, the organization's vice president of power delivery: "Seemless integration of [plug-in hybrid electric vehicles] into the electric grid will require close collaboration between the automobile and electric sectors." The statements from EPRI and the car company also address safe and convenient vehicle charging, public education and other public policies, including codes and standards. Among the utility participants in the collaboration are Consolidated Edison of New York, Duke Energy, First Energy Corp., Pacific Gas & Electric Co. and Southern California Edison Co. Others are listed as part of the EPRI statement. The research organization last year released a report along with the Natural Resources Defense Council that concluded plug-in hybrids had the potential to lower greenhouse gas emissions. GM, meanwhile, emphasized the cost benefit of the new vehicles, saying consumers could find that the per-mile expense of an electric vehicle would be about one-fifth that of a gas-powered car.

You've heard of hybrids, electric cars and vehicles that can run on vegetable oil. But of all the contenders in the quest to produce the ultimate fuel-efficient car, this could be the first one to let you say, "Fill it up with air." That's the idea behind the compressed air car, a vehicle its backers say could achieve a fuel economy of 106 miles per gallon. Plenty of skepticism exists, but with many Americans trying to escape sticker shock at the gas pump, the concept is generating buzz. The technology has been the focus of MDI, a European company founded in 1991 by a French inventor and former race car engineer. New York-based Zero Pollution Motors is the first firm to obtain a license from MDI to produce the cars in the United States, pledging to deliver the first models in 2010 at a price tag of less than $18,000.

NEW YORK (MarketWatch) - Copper futures jumped Wednesday after news that a 5.8-magnitude earthquake hit Chile, the world's top copper producer. Copper futures for December delivery rose 3.6 cents, or 1.2%, to $3.12 a pound. Copper fell in morning trading. The U.S. Geological Survey reported the earthquake hit 63 miles east of Iquique, Chile, a major copper mining area.

NEW YORK (MarketWatch) - Deal making and development in the wind arena continue even as the economy slows down, with the federal government moving ahead to grant leases for the U.S.'s first offshore wind projects in history and other state-based projects moving to the front burner. Comments on federal rules to govern a host of alternative energy projects proposed in federal waters off the coast of the U.S. drew about 225 responses by Monday's deadline, as the U.S. Mineral Management Service, or MMS, moves ahead with plans to lease the outer continental shelf to several companies.

According to a new technical market research report from BCC Research, the domestic market for wind turbine components and systems will be worth $60.9 billion in 2013. This represents an increase from the 2007 market value of $7.9 billion and the estimated 2008 market value of $11.2 billion. The compound annual growth rate (CAGR) between 2008 and 2013 is expected to be 40.0%. \n\nThe market is analyzed by state and includes the top ten spenders on wind turbine technology: Texas, California, Iowa, Minnesota, Washington, Oregon, Colorado, New York, Kansas and Illinois. Texas has the largest statewide expenditure, exceeding $2.4 billion in 2007 and an estimated $3.0 billion in 2008. This should grow at a CAGR of 38.0% to reach $15.2 billion in 2013. \n

The first superconductor transmission cable in a commercial power grid was installed on Long Island last year-and the next stop is New York City. Project Hydra (the code name for the Manhattan grid upgrade scheduled to start in 2010) will use American Superconductor's liquid-nitrogen-cooled Secure Super Grid cables, which can transfer 10 times more power than conventional copper cable, with lower impedance.

NEW YORK, June 16 (Reuters) - Goldman Sachs (G.N) expects the current downward movement in the price of copper to be short-lived amid growing expectations of a recovery in global economic growth, and it targeted copper at $5,800 per tonne by the end of 2010.

New York headquartered, International Wire Group Holdings Inc. reported that it acquired two production facilities. The company purchased the machinery and equipment of Ffhoenix Cuivre LLC in Santa Teresa, New Mexico and assumed the related building lease, adding to its existing manufacturing capacity in the southwestern United States. In addition, the company has started manufacturing at its new plant in Dabrowa Gornicza, Poland, which it anticipates will serve its growing Eastern European customer base. The initial investment for the two expansions amounts to approximately $14.5 million.