Roll over photos for details of energy recycling projects.
RED seeks to profitably reduce greenhouse gas emissions. Our projects must benefit manufacturers, investors, and society.
RED’s first project was an ultra-efficient combined heat and power generating facility that will serve the Burlington, New Jersey, facility for the National Gypsum Company (NGC). The project will deploy proven, state-of-the-art, low-emission natural gas combustion turbines, with 100% of the exhaust being utilized in the NGC process, resulting in an overall efficiency of greater than 90%. RED’s gross capacity will be 3.4 megawatts (MWs), its annual generation will provide up to 22,500 megawatt-hours (MWhs). The power will supply 100% of NGC’s needs with any excess power being sold to the local utility. The project will annually displace more than 12,500 metric tonnes of CO2.
RED has no proprietary technology. Rather, we find novel ways to arrange existing, proven technologies in order to make manufacturing processes as energy-efficient as possible. As a result of our work, manufacturers pollute less, cut costs and improve their competitiveness.
Several companies provide pieces of the energy recycling puzzle. Process engineers figure out where a company can improve its energy efficiency. Detailed engineers create the plan. Equipment manufacturers provide components, contractors do the installation, and banks provide financing. But RED does it all, bringing these disciplines together in a single company. We are aware of no other firms that put all of the pieces together, particularly in the $10-100 million range where most energy recycling opportunities lie.
Tom and Sean Casten have managed more than 200 energy recycling projects since 1977, over 175 of which they developed and built themselves. In the process, they’ve invested more than $2 billion of capital, generated more than 10,000 megawatts (roughly equivalent to the output of ten large nuclear reactors), and displaced more than 5 million tons of CO2. All of these projects have achieved at least double the 33 percent energy efficiency of an average U.S. power plant, in some cases reaching 90 percent.
RED leaders have been recognized for their energy recycling work by organizations ranging from Platts to the Aspen Institute. Learn more about RED’s awards.
Headquartered in Turners Falls, Massachusetts, Turbosteam supplies equipment and expertise to convert waste energy into electric power, typically on a smaller scale than RED. From 2000-2006, Sean Casten served as president and CEO of the company, which is now a wholly-owned subsidiary of RED. Since 1986, Turbosteam has installed more than 180 systems that have saved its customers more than $200 million in energy bills and reduced CO2 emissions by more than 3 million tons.
Contact us to discuss how energy recycling can help your organization.