March 22, 2006

ALTERNATIVE POWER: NextEnergy incubator jump-starts research

NextEnergy Corp. is featured as a 45,000-square-foot site near the Wayne State University campus that is quickly becoming an international center for research in the development of alternative energy sources. Another important point about NextEnergy is its potential to help create a significant number of skilled jobs. Some estimates are as high as 72,000 in the next decade. By developing renewable fuels in the transportation industry, as well as creating new supply-chain options, there will be plenty of room for Michigan\'s economy to grow, experts say. The brainchild of former Gov. John Engler, NextEnergy started out as a $50-million project that studied the development of hydrogen fuel cells. Founded in 2002, NextEnergy is dedicated to the commercialization of alternative energy technologies to help boost Michigan\'s economic competitiveness, energy security and environment.

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