Millions of Reason to ‘Go Green’: A North Carolina Utility Finds a New Revenue Stream in Waste Heat Recovery and Power Generation
The project team worked with specialty legal counsel to obtain a first-of-its-kind ruling that classified WSACC biosolids as a ‘renewable fuel’, with the intent of selling the electricity rather than using it at their plant. The ruling allowed this energy to be sold at a premium…nearly double their retail rate. This revenue stream could produce 1M-1.3M annually.
Project findings are relevant to facilities that incinerate biosolids as well as utilities considering projects involving ‘green’ power generation. Rethinking traditional payback models and capitalizing on emerging renewable energy markets could give utilities millions of reasons to “Go Green”.
Keywords: Biosolids Import; Biosolids Regionalization; Green Energy; Heat Recovery; Incinerator; Multiple Hearth Furnace (MHF); Power Generation; Purchase Power Agreement; Renewable Energy Credits; Renewables
Document Type: Research Article
Publication date: 2010-01-01
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