The New York State Energy Research and Development Authority (NYSERDA) has announced that they will invest $20 million in 19 combined heat and power generation projects throughout the state. Combined heat and power, also known as co-generation, is a method of combusting fuel on-site for energy generation while utilizing excess exhaust for heating. The $20 million will provide customers with up to 50% (or $2 million) of the total costs involved with buying/installing combined heat and power and is expected to leverage $68 million in private investments.
The SUNY College of Environmental Science and Forestry in Syracuse is among the 19 recipients and has received $963,000 for a 275 kW biomass turbine as well as a 195 kW gas-fired engine.
For more information (including a complete list of recipients) visit http://www.nyserda.org/Press_Releases/2011/PressReleas20110421.asp.