New York REV to increase use of combined heat and power (CHP) by 10%

Date: 07/10/2015

Combined heat & power (CHP) technology is getting a new boost in New York under the state’s Reforming the Energy Vision (REV).

New York has been a champion of combined heat and power (CHP) for many years, but now the REV heightens opportunity for CHP by disrupting the centralized utility model and creating a kind of  market exchange for distributed energy. Policymakers are still hashing out the details on how REV will work. But meanwhile, Gov. Andrew Cuomo’s administration has been taking a series steps to keep distributed energy moving forward.

To that end, New York is in the process of boosting the number of CHP projects in the state by 10 percent with the new funding, according to information released by Cuomo’s office this week.

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Source: IDEA