Recycled Energy Development
Encyclopedia
Recycled Energy Development, LLC (RED) aims to profitably reduce greenhouse gas
Greenhouse gas
A greenhouse gas is a gas in an atmosphere that absorbs and emits radiation within the thermal infrared range. This process is the fundamental cause of the greenhouse effect. The primary greenhouse gases in the Earth's atmosphere are water vapor, carbon dioxide, methane, nitrous oxide, and ozone...

 emissions by capturing and recycling waste energy, especially through cogeneration
Cogeneration
Cogeneration is the use of a heat engine or a power station to simultaneously generate both electricity and useful heat....

 and waste heat recovery.

Overview

RED develops, owns, and manages energy recycling
Energy recycling
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...

 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. Energy recycling
Energy recycling
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...

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.

The company’s goal is to cut global warming pollution and energy costs simultaneously, thereby providing an economical approach to mitigating climate change. The company’s work has been featured in media outlets such as Forbes, Nature, the Atlantic, and National Public Radio.

Founders

  • Tom Casten, chairman, has been developing decentralized energy recycling projects for over three decades. He was founding president and CEO of Trigen Energy Corporation from 1977 through 2000 and then served as founding chair and CEO of Primary Energy until 2006. Casten has also served as president of the International District Energy Association, co-founder and chairman of the World Alliance for Distributed Energy, and co-founder of the U.S. Clean Heat & Power Association. Casten is also the author of Turning off the Heat: Why America Must Double Energy Efficiency to Save Money and Reduce Global Warming.

  • Sean Casten, president and CEO, served as president and CEO of Turbosteam Corporation, a company that focused on small-scale applications of energy recycling, from 2000-2006. He has also served as chairman of the U.S. Clean Heat & Power Association and founding chairman of the Northeast Combined Heat & Power Initiative.
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