RED’s high-efficiency CHP system will provide power and thermal energy to NGC’s wallboard production facility. According to the companies, the CHP project will reduce NGC’s energy intensity and greenhouse gas emissions, and serve as a model for other energy intensive industrial facilities.
“The NGC project will increase industrial productivity, generate clean power, and reduce CO2 emissions,” said Sean Casten, RED’s president and CEO. “We appreciate the state’s support and look forward to investing in New Jersey.”
“CHP offers a win-win for manufacturers,” said John Corsi, vice president of manufacturing operations and engineering for NGC. “This facility allows NGC to further strengthen our competitiveness as well as improve our environmental stewardship.”
RED received a $1.36 million grant from the state to support the CHP project. Funding was made available through the Clean Energy Solutions ARRA CHP Program, a grant program supported by the American Recovery and Reinvestment Act of 2009 and jointly developed by the New Jersey Economic Development Authority (EDA) and the New Jersey Board of Public Utilities (BPU). Grants provided through the program were to be used for CHP facility installation and upgrade projects in New Jersey. The closing of the competitive solicitation was in October 2010.
For more information on Recycled Energy Development, visit www.recycled-energy.com.
Publication date: 09/05/2011