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Experience in the United States and other countries shows that a balanced set of polices, incentives, and investments can stimulate sustained CHP growth and reap its many well-documented benefits. Conclusions CHP should be one of the first technologies deployed for near-term carbon reductions. The cost-effectiveness and near-term viability of widespread CHP deployment place the technology at the forefront of practical alternative energy solutions such as wind, solar, clean coal, biofuels, and nuclear power. Clear synergies exist between CHP and most other technologies that dominate the energy and environmental policy dialogue in the country today. As the Nation transforms how it produces, transports, and uses the many forms of energy, it must seize the clear opportunity afforded by CHP in terms of climate change, economic competitiveness, energy security, and infrastructure modernization. The energy efficiency benefits of CHP offer significant, realistic solutions to near- and long- term energy issues facing the Nation. With growing demand for energy, tight supply options, and increasing environmental constraints, extracting the maximum output from primary fuel sources through efficiency is critical to sustained economic development and environmental stewardship. Investment in CHP would stimulate the creation of new “green-collar” jobs, modernize aging energy infrastructure, and protect and enhance the competitiveness of US manufacturing industries. The complementary roles of energy efficiency, renewable energy, and responsible use of traditional energy supplies must be recognized. CHP’s proven performance and potential for wider use are evidence of its near-term applicability and, with technological improvements and further elimination of market barriers, of its longer term promise to address the country’s most important energy and environmental needs. A strategic approach is needed to encourage CHP where it can be applied today and address the regulatory and technical challenges preventing its long-term viability. Experience in the United States and other countries shows that a balanced set of policies, incentives, business models, and investments can stimulate sustained CHP growth and allow all stakeholders to reap its many well-documented benefits. 28 Combined Heat & Power: Effective Energy Solutions for a Sustainable FuturePDF Image | COMBINED HEAT AND POWER 2008
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