Closing out the month of August, Canadian cleantech firm, Thermal Energy International, announced that it had been engaged by a leading Fortune 500 food and beverage customer to implement a $1.46 million “Super-Efficient Cogeneration™” heat recovery project at one of its plants.
Thermal Energy will help this customer implement a number of energy efficiency and heat recovery measures related to three new cogeneration units to be installed on-site. These measures are expected to result in the customer’s cogeneration plant being more than 88% efficient, in line with Thermal Energy’s new best-in-class Super-Efficient Cogeneration offering. Typical cogeneration systems operate between 65% and 75% efficiency.
The overall project is expected to reduce the use of coal-generated power by 23 million kWh per year, resulting in a net greenhouse gas reduction of 14.5 thousand tonnes of CO2 (equivalent) per year. The increased efficiency related to Thermal Energy’s heat recovery scope is expected to result in annual utility savings of approximately $945 thousand for the customer.
Key Benefits of Thermal Energy’s Super-Efficient Cogeneration Solution:
Thermal Energy’s Super-Efficient Cogeneration solutions can provide up to 70% savings on electrical costs at a self-generated kWh cost of less than $0.04/kWh, and an additional 10% to 20% natural gas energy savings from up to 90% recovery of heat losses from existing exhaust streams.
Other key benefits include:
- Up to 93% energy conversion and utilization efficiency;
- 15% to 20% natural gas energy savings;
- Verifiable emission reduction credits (ERCs);
- Typical net project payback of two to five years.
For more information on Thermal Energy’s Super-Efficient Cogeneration solution, please visit the company’s website at www.thermalenergy.com/cogeneration.