Bechtel on Team Selected to Manage, Operate DOE's National Renewable Energy Laboratory in Colorado

Oct 08, 1998, 01:00 ET from Bechtel

    SAN FRANCISCO, Oct. 8 /PRNewswire/ -- Bechtel is a member of the team that
 has been selected by the Department of Energy to manage and operate the
 National Renewable Energy Laboratory (NREL).
     The NREL contract, which is valued at $800 million to $1 billion, runs for
 five years and includes an option for an additional five-year extension.
     The team is lead by the Midwest Research Institute (MRI) of Kansas City,
 Missouri, and also includes the Battelle Memorial Institute of Columbus, Ohio.
     "We are very excited with the opportunity to continue expanding Bechtel's
 high technology endeavors by supporting DOE's important sustainable energy
 research and development mission," said Larry Papay, Senior Vice President and
 General Manager of Bechtel Technology & Consulting.
     "Bechtel's 40-year-old research and development function has supported the
 corporation and external customers with the engineering and demonstration of
 advanced technology.  More than 20 years of work in renewable energy for
 sponsors such as DOE have positioned Bechtel to win a role in actively
 managing DOE's research and development and to commercialize and deploy these
 technologies through our outstanding engineering know-how and global network."
     NREL, which is located in Golden, Colorado, is the nation's premier
 laboratory for renewable energy research.  Its mission is to lead the nation
 toward a sustainable energy future by developing and deploying renewable
 energy technologies and by improving energy efficiency.
     "Our team was able to offer a history of outstanding management and
 operation by MRI, along with the technology commercialization and deployment
 capabilities of Bechtel and the technological innovation experience of
 Battelle," said MRI President John McKelvey.

SOURCE Bechtel