Illinois company: Cogeneration could become market for gas producers
MORGANTOWN, W.Va. -- Combined heat and power systems that produce electricity are a great potential market for natural gas producers, but experts say outdated federal policies and regulations are hindering growth.
Coal-fired power plants generate power and heat, but the heat is wasted. CHP, or cogeneration, captures and reuses the heat.
Illinois-based Recycled Energy Development sells CHP systems, but vice president Dick Munson says it needs more markets and a regulatory system that rewards entrepreneurialism.
At a conference in Morgantown, Munson said policymakers should set energy-efficiency goals, but not technologies to meet them. The market should determine that.
Munson says only allow utility companies can string power lines over public roads. That hurts competitors.
He says the current regulatory system is built on monopolies and red tape, and that ensures it remains inefficient.
- Share Facebook Twitter
Article sent to (required)E-mail
Article sent from (required)E-mail Name
Subject Line (article title)
Message (optional)Success - Article sent Click to close
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.Need more information about reprints? Visit our Reprints Section for more details.
Contact information ( * required )Name * Company Telephone * E-mail *
Article InformationTitle URL
Message (optional)Success - Reprint request sent Click to close