US DOE, EPA renew push to double cogeneration capacity by 2010
Washington (Platts)--4May2005
The US Dept of Energy and the Environmental Protection Agency Wednesday renewed a compact designed to double the amount of US cogeneration capacity this decade. A 2000 federal-industry pact aiming to have 92,000 MW of CHP installed by 2010 expired in February. EPA Assistant Administration Jeffrey Holmstead said the agencies, which traditionally have had strained relations, would work together to push stakeholders they are familiar with to make better use of cogeneration, which recycles waste energy to create electricity or thermal energy. Cogeneration facilities are 50% to 70% efficient compared to 33% for standard power plants. The CHP industry officials are in Washington Wednesday meeting with members of Congress to lobby for a 10% investment tax credit that was one of the few financial incentives included in President Bush's latest budget proposal. DOE Assistant Secretary David Garman said the administration would promote CHP during a second-term focus on getting construction companies to make new buildings more energy efficient. This story was originally published in Platts Electricity Alert http://www.electricityalert.platts.com
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