Type | Private |
---|---|
Industry | Energy |
Founded | Westmont, Illinois, USA (2006) |
Headquarters | Chicago, Illinois |
Key people | Tom Casten, Chairman Sean Casten, President and CEO |
Products | Cogeneration, waste heat recovery, energy financing, energy management |
Website | www |
Recycled Energy Development, LLC (RED) aims to profitably reduce greenhouse gas emissions by capturing and recycling waste energy, especially through cogeneration and waste heat recovery. [1]
RED develops, owns, and manages energy recycling facilities. These facilities take energy that’s normally wasted and convert it into electricity and thermal power for manufacturers, universities, hospitals, and other large institutions. [2] Energy recycling is considered a form of “decentralized” energy because it takes place on site at such institutions rather than at large, remote power plants that serve entire regions. [3]
The company’s goal is to cut global warming pollution and energy costs simultaneously, thereby providing an economical approach to mitigating climate change. [2] The company’s work has been featured in media outlets such as Forbes, [4] Nature, [5] the Atlantic, [6] and National Public Radio. [7]
Shinichi Chiba, known internationally as Sonny Chiba, was a Japanese actor and martial artist. Chiba was one of the first actors to achieve stardom through his skills in martial arts, initially in Japan and later before an international audience.
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Waste Management, Inc. is an American waste management, comprehensive waste, and environmental services company in North America. Founded in 1968, the company is headquartered in the First City Tower in Houston, Texas.
Energy recovery includes any technique or method of minimizing the input of energy to an overall system by the exchange of energy from one sub-system of the overall system with another. The energy can be in any form in either subsystem, but most energy recovery systems exchange thermal energy in either sensible or latent form.
Energy recycling is the energy recovery process of utilizing energy that would normally be wasted, usually by converting it into electricity or thermal energy. Undertaken at manufacturing facilities, power plants, and large institutions such as hospitals and universities, it significantly increases efficiency, thereby reducing energy costs and greenhouse gas pollution simultaneously. The process is noted for its potential to mitigate global warming profitably. This work is usually done in the form of combined heat and power or waste heat recovery.
Thomas R. Casten is an American businessman, author, and activist known for his work on industrial energy recycling. Since 1977, Casten has founded and managed numerous companies and organizations associated with combined heat and power, decentralized energy, and waste energy recovery.
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Sean Thomas Casten is an American businessman and politician serving as the U.S. Representative for Illinois's 6th congressional district. The district covers portions of five counties in Chicago's western suburbs, including Wheaton, Palatine, and Barrington.
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