Improving energy efficiency : (turning wasted heat into cash flow)

Abstract

The following gaps in critical goals are derived through a direct comparison of the Needs to Goals transformation versus the current waste heat recovery solutions and their stated goals. 1. Critical: Implementation of a sustainable financial plan which can help to initiate an increase in waste heat recovery 2. Critical: Deployment of waste heat recovery strategies for reducing greenhouse emissions A proposed solution to achieve these two goals would be: 1. Purchasing waste heat from industries. 2. Storing this energy with our proprietary thermal storage materials. 3. Selling the stored energy at either industrial sites or to pricier markets. New thermal-storage materials and a mini-sized combined heat and power (CHP) system have been further developed. This system will be the first to involve the arbitrage of waste heat energy by using cheap thermal storage material (made with zero greenhouse emissions) and a mini generator. This system could play an important role in providing economic incentives for industries that wish to recover waste heat.