Capitalizing On The Global Rise Of District Energy
November 26, 2012, 12:47 PM EST
Law360, New York (November 26, 2012, 12:47 PM EST) -- President Obama has mandated an additional 40 gigawatts of district energy capacity in the U.S. by 2020, a 50 percent increase in existing capacity. In Australia, Sydney has announced plans to develop district energy (tri-generation) precincts across the city, which is part of a wider plan to reduce Sydney’s carbon footprint by 70 percent by the year 2030.
In Europe, London’s Olympic Park developed a district energy system to support both the Olympics and future surrounding developments. In Asia, various governments are promoting district energy, including...