24 hours a day, 7 days a week, all over the world, heat is constantly escaping from plant and property and is simply being lost as a waste of energy and a waste of money.
Having the ability to instead capture and convert that wasted heat into ‘new’ electricity you no longer need to purchase from your energy supplier is obviously a very green technology solution that will reduce your annual electricity costs and carbon footprint very quickly.
Fossil fuel energy is expensive
By harvesting and re-using the energy that is currently escaping to the atmosphere better value for money is achieved.
Capturing and converting this waste energy into useable electricity reduces the amount of ‘new’ electricity you have to purchase in from your energy supplier.
Doing so on-site reduces your reliance on the National Grid.
After extracting the necessary heat energy required for electricity generation, the residual heat can be used to provide additional heating and hot water needs.
Captured heat is environmentally friendlier
As well as the financial savings, waste heat energy capture and conversion is a cleaner tech that can run constantly and is not dependent on the weather, it just uses the waste heat you are bleeding away anyway.
With zero emissions of its own, this technology helps reduce your company’s carbon footprint by reducing emissions already expended – with almost instant green credentials for your company.
A proven technology with many advantages
Waste heat capture and conversion is not a new technology, waste-to-energy solutions were in play back in the 1800’s. The various solutions continue to develop and evolve and the benefits continue to improve.
- Comparatively lower cost per kW of energy produced.
- Smaller footprints with greater operating efficiencies than before
- A long system lifespan
What about costs?
This clean technology solution will help you reduce your operating expenses by reducing your annual electricity costs. Even though the annual savings may be substantial, the capital cost of adoption may be a barrier, explaining why some companies defer this ‘no-brainer’ of a solution with all of its advantages for the future and keeping their own capital in reserve or for other goals.
However, there are other ways to cover the project’s capital costs other than from the company’s operating capital. Business can take advantage of our various funding [i] and finance facilities which, depending on criteria such as system size and the business’s financial health, can cover up to 100% of the hardware, installation, and commissioning. The cost of this funding is simply offset against the electricity bill savings. instead of as an additional operating expense. The business still enjoys lower electricity bills from as soon as the project is switched on. Those savings jump up dramatically once the project cost has been covered.
We can provide you with a tailored Initial Impact Assessment and Financial Savings Report in which we can provide you with your options projected energy savings during and after the project and the impact it will have on your carbon footprint.
You can visit our generic waste heat recovery page which includes an introduction to Organic Rankine Cycling, a waste to energy technology that was developed in 1950’s. That page also introduces ORC and Advanced ORC from our preferred partners and ORC specialists ORCogen.