Clean Heat applauds executive order
The U.S. Clean Heat & Power Association (U.S. CHP Association) today praised the Obama Administration for an Executive Order, "Accelerating Investment in Industrial Energy Efficiency," which calls for a national combined heat and power deployment goal of an additional 40GW by 2020.
Currently supplying 12% of U.S. energy capacity, CHP systems can reach efficiencies above 80%. There is approximately 82 GW of CHP installed in the United States, and industry estimates indicate the technical potential for additional CHP at existing sites in the United States is approximately 130 GW (plus an additional 10 GW of waste heat recovery CHP).
Investments in industrial energy efficiency, including combined heat and power, offer significant benefits to manufacturers, utilities and communities across the country, including:
Improving U.S. manufacturing competitiveness: By accelerating these investments, manufacturers could save at least $100 billion in energy costs over the next decade;
Creating jobs now through investments upgrading