June 21, 2002—Producing power onsite is part of a growing trend in California, says RealEnergy Inc., a distributed generation company that has thirty-two onsite energy systems in the state. These systems have been installed for large facility owners and real estate portfolio managers. They are not back-up generators, but efficient mini-power plants that produce a significant part of a facility’s power on a daily basis. Most buildings using onsite generation produce approximately half of their power, while the remaining power continues to come from the public grid.
RealEnergy is in the process of installing systems in three sites for the State of California Department of General Services, including the onsite generation system for the California Public Utilities Commission building in San Francisco. The cogeneration system will enable the agency to produce 400 kilowatts of their own power.
According to RealEnergy Chairman Daniel Cashdan, “Onsite power generation is fast becoming a preferred way for building owners to protect their investments from unreliable power availability, environmental concerns, and a growing problem—security concerns associated with being totally dependent on the public power grid. We have developed a financial structure that can put these . systems into a building at literally no cost to the owner.” RealEnergy has also expanded its market by opening offices in New York.
For more information, contact RealEnergy.
