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 RED is featured in the September 2008 Forbes article entitled “Gray is the New Green.” The piece says: “Tom Casten has the money and the know-how to generate huge amounts of clean power.” Recycled Energy Development also has been highlighted recently on NPR and in The Atlantic, U.S. News and World Report, Detroit Free Press, E&E Television, State Journal, and other publications.
Recycled Energy Development has developed brochures and articles on its key ideas and policy proposals.
Click here to read other RED writings.
Recycled
Energy Development has formed a strategic partnership with private
equity firm Denham Capital Management LP to develop $1.5 billion
portfolio of waste energy recycling projects. The partnership will
serve as an investment platform to fund projects developed and managed
by RED that will profitably reduce energy costs and greenhouse gas
pollution. View the press release.
Energy
recycling project to improve silicon production. Silicon producer West Virginia Alloys (WVA), a unit of Globe Specialty
Metals, Inc., has entered into an innovative agreement with Recycled
Energy Development (RED) to recycle energy, improving the efficiency
of its operation while slashing greenhouse-gas emissions and other
pollutants. RED will invest $45 to $55 million to recycle hot exhaust
into a net 40-44 megawatts of electricity generation, offsetting
roughly one-third of WVA’s electric consumption. This project
marks RED’s first deal under the recently announced partnership
with private equity firm Denham Capital Management to invest $1.5
billion in energy recycling projects. View
the press release.
The Energy Independence and Security Act of 2007 highlights recycled energy and CHP within a variety of
waste-energy provisions. RED in 2008 is working for a federal Renewable Electricity Standard that includes waste-energy
recovery, an investment tax credit
for combined heat and power, and climate change legislation based on efficiency and output-based allocations.
RED also is working in several states and provinces to advance a
Clean Energy Standard Offer
Program (CESOP).
The National Association of Regulatory Utility Commissioners (NARUC) in late February 2008 endorsed a resolution to encourage the recycling of waste energy and the use of combined heat and power (CHP). NARUC noted that the deployment of CHP and waste energy recovery technologies “increases generation efficiency, reduces fossil fuel consumption, enhances generation diversity, and has the potential to improve system reliability, decrease line losses, reduce grid congestion, and reduce emissions of air pollutants and greenhouse gases.”
Click here to read the resolution.
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