Combined Heat & Power with Waste Heat Recovery in the US could Create 1 Million Green Jobs
Cyclone Power Technologies Inc. has released new video demonstrating the economic and environment benefits of utilizing its heat-regenerative, external combustion engines to power waste energy recovery applications. Cyclone’s Waste Heat Engine (WHE) is designed to power a grid-tied or stand-alone waste energy recovery system capable of generating between 1kW and 1MW of electricity. The patented piston-based engine captures 600F to 2000Fof excess wasted heat from sources such as engine exhaust, commercial ovens, industrial furnaces and landfill flares. The Company is currently completing extensive testing of the WHE and expects to place smaller units into production later this year.
According to the U.S. Department of Energy, if the U.S. were to increase its use of CHP and waste heat recovery systems to generate 20% of its electricity by 2030, it would spur $234 billion in private investment and create 1 million jobs.
Cyclone’s CEO, Harry Schoell stated;
“We believe that our WHE systems can fill an enormous gap in the waste energy recovery industry – namely small and medium sized businesses with low to medium quality excess wasted heat. We believe that our WHE units are the only truly viable options for facilities as small as restaurants, to medium-sized industrial furnaces, foundries and gas flares.”
According to industry studies, such facilities comprise 20% or more of the nation’s total waste heat resources.
The Company’s WHE systems produce electricity from heat (thermal energy) that is otherwise lost into the atmosphere through tail pipes, smoke stacks, exhaust flues and flares. According to the US Clean Heat and Power Association, combined heat and power (CHP) and waste heat recovery processes like these currently:
· Save business owners over $5 billion/year in energy costs;
· Reduce emissions of NOx by 400,000 tons/year and SO2 by 900,000 tons/year; and
· Prevent the release of 35 million tons of CO2 equivalent into the atmosphere.
Short URL: http://www.mygreeneducation.com/?p=5324
Posted by Tracey A. Smith
on Jan 6 2010. Filed under Alternative Energy, Energy Tech, Green Jobs, Sustainable Development.
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