SUSTAINABILITY, CHP AND ENERGY EFFICIENCY: SEARCHING FOR THE WIN-WIN Presented to Boston Area Solar Energy Association Cambridge, MA June 12, 2003. Sean Casten Chief Executive Officer 161 Industrial Blvd. Turners Falls, MA 01376 www.turbosteam.com. Creating Value from Steam Pressure.
SUSTAINABILITY, CHP AND ENERGY EFFICIENCY: SEARCHING FOR THE WIN-WIN
Presented to Boston Area Solar Energy Association
June 12, 2003
Chief Executive Officer
161 Industrial Blvd.
Turners Falls, MA 01376
Creating Value from Steam Pressure
20 Year Electric Demand Projection (DOE/EIA)
U.S. Transmission Infrastructure: 20 year History
Note – we are likely to hit a supply constraint at the end of the wire long before we ever see a fuel and/or generation limit upstream.
U.S. Wellhead Natural Gas Prices
The Costs of Failure
SHORT-TERM ENV’TL. INTERESTS
Net Impact on Environment
SHORT-TERM BUSINESS INTERESTS
On this metric, CHP presents an unparalleled solution to environmental and economic limits to growth – shouldn’t this be the starting point for all environmental action?
GHG Reduction (ton/$ invested)
End-Of-Pipe SOx/NOx Control
Note: All returns calculated on a 15-year, pre-tax basis with a 4X cash multiple in the final year. Capital and operating costs for each technology were estimated as the current state-of-the-art with power revenues calculated on a wholesale or retail basis as appropriate. Turbosteam projects represent actual, known capexes, opexes and annual revenues.