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Figure 5. Recycled Energy Development (RED) Value Chain Source: CGGC, based on RED interviews and RED company website. Conclusion Recycling industrial waste energy into electricity offers vast potential for saving energy. It is feasible in any existing thermal intensive industry, using common, traditional technologies. While these projects require considerable upfront capital, they constitute a solid investment by ensuring a steady return thereafter. Several regulatory barriers stand in the way of wider adoption of waste energy recycling and other forms of CHP. Fully embracing these opportunities will require removing federal and state restrictions on decentralized power production, as well as re-designing government incentives for renewable energy so that important energy efficiency improvements can also qualify. A scale-up of industrial waste energy recycling would have many U.S. job implications, including jobs manufacturing the needed equipment; jobs building the on-site power plants, including welders, pipefitters, design engineers and construction workers; and jobs operating the power plants. Additional job opportunities can be expected to result from increased international competitiveness, as the industrial host facilities improve their margins through lower energy costs and higher productivity. 18PDF Image | Carbon-Reducing Technologies and U.S.
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