Oak Ridge National Laboratory (ORNL) has released a new report which points to CHP as a technology that could help enhance national energy efficiency, bring about economic growth and improve US energy infrastructure.
The document: ‘Combined Heat and Power: Effective Energy Solutions for a Sustainable Future’ attempts to answer the question: ‘What if 20% of generating capacity came from CHP?’
According to the report, if the United States attained this goal by 2030, benefits would include:
• A 60% reduction of projected increase in carbon dioxide emissions by 2030
• Fuel savings of 5.3 quadrillion British thermal units (Btu) annually, the equivalent of nearly half the total energy currently consumed by US households
• Economically viable application in industrial facilities, commercial buildings, multi- and single-family housing, institutional facilities and college campuses
• The creation of one million new highly-skilled jobs through 2030 and US$234 billion in new investments throughout the United States
The report is a joint effort between the Department of Energy’s Industrial Technologies Program (ITP) and ORNL and involved input and review by a range of industry, association, and non-governmental stakeholders.
The full report may be viewed at: http://www1.eere.energy.gov/industry/distributedenergy/