Sunday 2 September 2012

Business Buzz 66: CBS Denver: School Of Mines Gets $250,000 For Research

Business Buzz 66
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CBS Denver: School Of Mines Gets $250,000 For Research
Sep 2nd 2012, 19:46

CBS Denver
CBSDenver.com - News for Colorado and Denver from CBS4, plus Sports, Weather, Traffic and Top Spots
School Of Mines Gets $250,000 For Research
Sep 2nd 2012, 19:45

GOLDEN, Colo. (AP) – Colorado School of Mines has received $225,000 to research what could one day be a potential energy source.

The money is for research on how to get energy from advanced methane hydrates, which are ice-lattice structures with natural gas locked inside. They can be found in places including the Arctic permafrost and in ocean sediments along most continental shelves worldwide.

Researchers have been able to safely extract a steady flow of natural gas from methane hydrates in Alaska. Work is still needed to see if it can be done commercially and to assess resource volumes, especially in deepwater settings.

The Energy Department said Friday that School of Mines will be conducting laboratory experiments to determine how methane hydrates can be detected using seismic methods.

(© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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