RED has recently been featured on NPR and in The Atlantic, U.S. News and World Report, the Detroit Free Press, E&E Television, the State Journal, and a number of other publications.

The National Association of Regulatory Utility Commissioners (NARUC) in late February 2008 endorsed a resolution to encourage the recycling of waste energy and the use of combined heat and power (CHP). NARUC noted that the deployment of CHP and waste energy recovery technologies “increases generation efficiency, reduces fossil fuel consumption, enhances generation diversity, and has the potential to improve system reliability, decrease line losses, reduce grid congestion, and reduce emissions of air pollutants and greenhouse gases.” Click here to read the resolution.

Energy recycling project to improve silicon production. Silicon producer West Virginia Alloys (WVA), a unit of Globe Specialty Metals, Inc., has entered into an innovative agreement with Recycled Energy Development (RED) to recycle energy, improving the efficiency of its operation while slashing greenhouse-gas emissions and other pollutants. RED will invest $45 to $55 million to recycle hot exhaust into a net 40-44 megawatts of electricity generation, offsetting roughly one-third of WVA’s electric consumption. This project marks RED’s first deal under the recently announced partnership with private equity firm Denham Capital Management to invest $1.5 billion in energy recycling projects. View the press release.

Recycled Energy Development has formed a strategic partnership with private equity firm Denham Capital Management LP to develop $1.5 billion portfolio of waste energy recycling projects. The partnership will serve as an investment platform to fund projects developed and managed by RED that will profitably reduce energy costs and greenhouse gas pollution. View the press release.

The United States Congress in mid-December approved energy legislation that highlights recycled energy and CHP within a variety of waste-energy provisions. RED will continue to work in Washington for a Renewable Electricity Standard that includes waste-energy recovery, an investment tax credit for combined heat and power, and a production tax credit to induce efficient biofuel production. RED also is working in several states and provinces to advance a Clean Energy Standard Offer Program (CESOP).