As a result of the agreement, Steam Power will represent Siemens Energy throughout the Midwest, encompassing Ohio, Indiana, Kentucky, West Virginia, and parts of Illinois and Michigan.
Mark Haglage, principal at Steam Power, said: “This new relationship represents a significant advancement in the scale of cogeneration solutions that we can now offer to the marketplace.
“To date, we have had a strong offering for smaller-scaled steam-based cogeneration solutions. Adding Siemens into the mix enables us to deliver large-scale gas turbine solutions to heavy industry, institutional customers, and developers of combined heat and power projects.”
Ed Stoermer, principal at Steam Power, said: “We see tremendous growth opportunities in on-site power production. The evolution of technology, new regulations and significant incentives provided by the utility companies are making combined heat and power as well as cogeneration solutions an attractive investment for our clients.”
The company said that in an effort to avoid construction of coal or nuclear power plants, or adding power distribution lines, utilities companies and state governments are offering substantial incentives to encourage power-saving and efficiency-improvement projects to move forward.
Mr Stoermer added: “The thermal efficiency of coal-fired electricity sources can be as low as 30%. By implementing an on-site cogeneration solution, industrial or institutional energy users can significantly increase their overall electrical supply efficiency to greater than 80%, and up to 90% if thermally driven chillers (adsorptive cooling) are employed, and realize substantial savings to their bottom line.”
