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Peter Spinney, Director, Marketing & Technology Assessment at NeuCo, Inc., discussed the role of optimization software in improving power plant efficiency and thereby reducing greenhouse gas emissions. A new rule is expected to be issued in April which will trigger PSD and Title V permit provisions for greenhouse gas emissions from large stationary sources. Roughly 400 facilities per year will be impacted by the rule beginning in 2011. Optimization and efficiency improvements (in the form of heat rate) are currently the only commercially available CO2 reduction option. NeuCo’s suite of products can reduce CO2 emissions 1 1/2 – 2 percent, while also reducing other emissions, the number of unplanned plant outages and maintenance expenses. |
