5 Aug

Industrial Energy Efficiency as a Compliance Tool for States to Reduce Carbon Emissions

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The Clean Power Plan (CPP) sets standards to reduce CO2 emissions by 32% from 2005 levels by 2030, which is 9% more than the proposed rules previously set forth by the Obama administration. Energy efficiency is called out as a “key compliance tool” for states, reflecting that the cheapest, quickest and cleanest kilowatt-hour is the one you don’t use. Third-party financing solutions are needed to hit the aggressive targets set forth in the CPP and to spur near-term proejct implementation. Combined heat & power (CHP) and Waste Heat Rocovery (WHR) investments will drive increased levels of energy efficiency. The article below from the Clean Energy Initiative (Pew Charitible Trusts) calls out that the CPP could boost industrial energy efficiency by fostering a 33% increase in CHP and WHR capacity over current levels.  Read more