New law will recognize property owners and tenants for operating energy-efficient leased office space.
Using the ENERGY STAR program as a prototype, the U.S. House of Representatives developed legislation to encourage property owners and tenants to be recognized for design, build, and operation of energy-efficient leased space in office buildings.
Under the Tenant Star law, which was recently signed by President Barack Obama, the U.S. Environmental Protection Agency and U.S. Department of Energy will work together to establish a formal branding and recognition program for participating landlord/tenant teams. This is the first program of its kind to recognize leased office space for sustainability.
The law is expected to help create jobs, particularly those focused on energy efficiency that cannot be outsourced overseas. The environmental gains are expected to be significant into the future, as well.
Read the full article at PRNewswire.
Natural gas production boom encouraging cleaner, greener electric generation in manufacturing sector.
Supplies of natural gas, which are used in electricity generation, were previously thought to be declining. However, the recent increase in production has been positive and significant for large consumers of electricity – specifically, manufacturers.
Manufacturers can choose whether to receive power from utilities or generate it directly onsite, using systems like combined heat and power (CHP). These systems are efficient, because they create electricity while also harnessing the waste heat for energy.
Though cost is a consideration with onsite generation, there are important environmental gains to consider. ICF International estimates that onsite generation can prevent more than 1.8 quadrillion BTUs of fuel consumption annually – or the equivalent of 40 coal plants each generating 1,000 megawatts. While adoption of renewable forms of energy like solar and wind are increasing, it’s difficult to store, which is another area where natural gas can help to bridge the gap.
Check out the full Forbes story here.
Combined heat and power (CHP) systems bring onsite generation and sustainability together for businesses.
Strict environmental standards, steep costs to update the grid, and slow load growth have contributed to steady increases in electricity prices for more than a decade. For this reason, numerous businesses across the country have already made the switch or are considering onsite generation solutions.
Rising costs are only part of the equation. System efficiency is also a factor. By generating power near the point of consumption, capturing waste heat, and taking advantage of renewable resources, CHP uses energy in a smart and sustainable way. Using one fuel source, electricity and thermal energy are generated at the same time.
IGS completed a CHP project earlier this year at the Dublin Community Recreation Center in Central Ohio. Sized at 248 kW, the system is designed to meet 60% of the facility’s electrical and heating demands. Using waste heat from the engine, the CHP provides hot water and heating for the indoor pools.
For more information about the system, watch the video.
Keep a pulse on what’s happening in the energy industry. Learn more in this week’s Market Commentary.
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- The U.S. consumes approximately 19% of the world’s total energy
- ENERGY STAR certified light bulbs use 70-90% less energy than traditional incandescent bulbs
- Solar energy could be the world’s largest source of electricity by 2050
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