Energy experts agree: Efficiency is the fuel of the future
Posted by Dick Munson on June 29th, 2010
Energy mogul T. Boone Pickens, X Prize Foundation chairman Peter Diamandis and RED chairman Tom Casten joined MSNBC’s Dylan Ratigan to discuss solutions to our national energy crisis. The consensus? Efficiency in how we generate power is key.
As Ratigan points out, “No matter what we do to source our energy, efficiency is the fastest way to begin addressing the actual energy problem… Combined heat and power [is] a proven game changer.”
Casten also stressed the usefulness of combined heat and power and other energy recycling processes like waste heat recovery to ensure a more energy-efficient America. “We really need to understand that the issue is our utility and regulatory system. Utilities got to 34 percent efficiency when Eisenhower was in the White House. They’re at the same level today. We throw away two-thirds of the energy and it causes many of the problems we have… You [need to] build power plants where you can recycle the heat the way Edison did… Efficiency has to be the fuel of the future.” Watch video.
