LAKE FOREST, Ill., Dec. 6, 2011 /PRNewswire/ -- Today, KGRA
Energy LP, a premier U.S.-based developer of waste heat recovery
power generation projects, announced that it will develop a
pioneering waste heat recovery project to harness reciprocating
engine exhaust heat. KGRA and Appalachian Midstream Services, LLC,
a subsidiary of Chesapeake Energy Corporation (NYSE: CHK), have
signed a definitive agreement to build and install a customized 2MW
waste heat-to-power system. Chesapeake is the nation's
second-largest producer of natural gas and will work with KGRA's
subsidiary, Liberty WHR Partners LLC, to install the alternative
energy project at one of its Marcellus
Shale gas gathering compression facilities in Bradford County, Pennsylvania. KGRA's system
will convert waste heat from a series of compressor engines into
retail grade electricity. The power can be used on site and/or
sold back into the grid by KGRA. Two megawatts is enough
electricity to power over 1,600 homes in Bradford County.
"KGRA is pleased to have been selected by Chesapeake, a company that views waste heat
recovery as a realistic way to increase efficiencies utilizing an
emissions-free power source," said Jason
Gold, KGRA Energy's Chief Executive Officer. Noting the
project will create and sustain numerous American jobs, Mr. Gold
said, "We look forward to breaking ground early next year and
building a long term-partnership with Chesapeake."
"We took a keen interest in the application of this technology
when KGRA Energy first approached us," said J. Mike Stice, Chesapeake's Senior Vice President – Natural
Gas Projects and President of Chesapeake Midstream Development
(NYSE: CHKM). "We view this as a trailblazing opportunity for
not only Chesapeake, but for the
midstream industry, to convert a heat byproduct into emissions-free
electric power. Chesapeake is
known to develop and champion new technology, and likewise supports
novel technology applications such as KGRA's that can create a
visible, sustainable impact in our business and in our
community."
KGRA will begin installation of the power generation project as
early as the first quarter of 2012. The company previously
received a $2.75 million commitment
from the Commonwealth of Pennsylvania and $500,000 from the Community Foundation for the
Alleghenies toward the development of this project. Upon its
completion, the project will produce more than 16.6 million
kilowatt-hours per year of emissions-free electricity, displacing
approximately 16,000 metric tons of CO2 emissions per year that
might otherwise be produced by a typical coal-fired power
plant.
KGRA Energy uses ORC (Organic Rankine Cycle) technology to
recover waste heat from viable sources such as combustion engine
exhausts, furnaces, boilers and kilns, converting it into usable
CO2-free electricity, which lowers energy costs as well as heat
pollution. KGRA's power generation project at the
Chesapeake site will feature a
custom-designed waste heat recovery unit that harvests exhaust from
five reciprocating engines using interposing oil loops, which have
been designed with various levels of redundancy to meet the safety
and back-pressure demands of lean-burn gas engines. The system
is closed-loop, requires no water, and uses a non-ozone depleting
and EPA approved refrigerant. KGRA has selected TAS Energy
LLC, a subsidiary of Turbine Air Systems, LTD, to provide the ORC
power module which will be made in Houston.
About KGRA Energy LP
KGRA Energy LP is a premier developer of customized renewable
energy power generation projects. The company manages the
design, construction and installation of organic Rankine cycle
waste heat recovery systems that create CO2-free renewable energy
for business and utility clients. KGRA's systems are modular and
scalable and produce power from waste heat sources deemed
unsuitable for traditional cogeneration. KGRA enables pulp and
paper, lumber, refinery, cement, power plant and midstream gas
transmission clients to convert waste heat to usable electricity,
reduce energy costs, lower carbon footprints and create a
sustainable future. Visit www.kgraenergy.com for more
information.
About Appalachian Midstream Services
Appalachia Midstream Services, L.L.C. is a subsidiary of
Chesapeake Midstream (NYSE: CHKM) with operations in Pennsylvania, Ohio, New
York and West Virginia.
Chesapeake Midstream provides pipeline infrastructure for
Chesapeake Energy Corporation's production operations and services
to gather, compress, process and treat natural gas and natural gas
liquids. Headquartered in Oklahoma City,
OK, Chesapeake Midstream's operations are located in the top
shale plays in the United States
and have over 5,200 miles of active pipeline connected to more than
7,300 Chesapeake wells.
Contact: Jason
Gold
P: 646-307-8840 x1002
jason@kgraenergy.com
SOURCE KGRA Energy LP