News

$83.7 billion energy investment boosts state, WVU on world stage

West Virginia’s presence on the world energy stage jumped significantly Thursday (Nov. 9) as China Energy Investment Corp. Ltd., one of the world’s largest energy companies and a long-time research and development partner of West Virginia University, announced an agreement that will bring $83.7 billion to the state.

WVU will work closely with the state Department of Commerce and other state officials to help coordinate the investment, with funding focused on developing an Appalachia Storage and Trading Hub, itself a key piece of reinvigorating the state’s and region’s petrochemical industry.

WVU to study possible geothermal use thanks to DOE grant

Every possible energy source exists within 100 miles of West Virginia University’s Morgantown campus, so it only makes sense that the University explores a variety of sustainable ways to heat and cool some 250 buildings on nearly 2,000 acres.

And in keeping with its “Go First” motto, WVU could become home to the first geothermal direct-use heating and cooling system in the eastern United States.

“WVU’s Morgantown campus is uniquely positioned to host the first geothermal direct-use district heating and cooling system on the east coast, which could open doors to more widespread use of this technology,” said Brian Anderson, director of WVU’s Energy Institute.

Anderson honored with endowed engineering chair as part of $5 million gift to WVU by Verl and Sandra Purdy

West Virginia University graduate Verl O. Purdy attributes much of his success to the education and opportunities he received as a student at WVU in the 1960s. The Poca native, who founded the largest agricultural data analysis and marketing company in the world, and his wife, Sandra, are now giving back to WVU with a $5 million donation, announced Friday (Nov. 3). The largest part of the gift, $4 million, will go to the Statler College of Engineering and Mineral Resources to fund endowed scholarships, faculty fellowships and an endowed faculty chair.  Brian Anderson, director of the Energy Institute, has been named the first holder of the endowed chair.

Energy Institute in the news: Big opportunity needs regional cooperation, quick

In a Charleston Daily Mail editorial, the editors want West Virginians to listen carefully to Brian Anderson

"Appalachia is poised for a renaissance of the petrochemical industry due to the availability of natural gas liquids," said WVU Energy Institute Director Brian Anderson.   A critical path for this rebirth is through the development of infrastructure to support the industry. The Appalachian Storage Hub study by West Virginia University is a first step for realizing that necessary infrastructure.  A natural gas liquids storage hub in the region could create $36 billion in regional investment and more than 100,000 permanent jobs, plus bring in billions of revenue over the years. 

WVU’s Gee talks about cooperative plan to move WV Forward

The latest edition of the “Inside WVU today” video series focuses on West Virginia Forward, a joint effort effort by West Virginia University, the Department of Commerce and Marshall University to address the state’s economic challenges.