CA Building Owners Show Increasing Commitment To Producing Their Own Power; Private Business and Government Agencies Embrace Distributed Generation.Business Editors & Energy Writers WOODLAND HILLS, Calif.--(BUSINESS WIRE)--June 5, 2002 Producing power onsite is part of a growing trend referred to as Distributed Generation Distributed generation generates electricity from many small energy sources. It has also been called also called on-site generation, dispersed generation, embedded generation, decentralized generation, decentralized energy or , where power is produced at or near the end-user. Whether the justification is cost-effectiveness or concern over the quality of power received when relying solely on an aging transmission grid, building owners and managers across a spectrum of market sectors are turning to companies that are capable of providing increased independence when it comes to meeting energy needs. One of the companies leading this new industry, RealEnergy, Inc., has either operating or under construction, 32 such onsite energy systems in CA. Those 32 systems will produce twenty megawatts of electricity, which is the equivalent of the amount of electricity needed to power 15,000 to 20,000 average-sized homes. RealEnergy has installed systems for large building owners and real estate portfolio managers like Arden Realty realty n. a short form of "real estate." (See: real estate) REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property. , CalPERS, RREEF Funds, CommonWealth Partners, Transwestern Investment Company and DivcoWest Properties. In April alone, RealEnergy signed contracts with four new clients that own or manage a combined 1,500,000 square feet of California commercial real estate. Their systems are not back-up generators, but efficient mini-power plants that produce a significant part of a building'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. The California Public Utilities Commission The California Public Utilities Commission (CPUC; also often commonly referred to as simply the PUC) [1] is a state Public Utilities Commission which regulates privately-owned utilities in the state of California, including electric power, (CPUC CPUC California Public Utilities Commission CPUC Current Procurement Unit Cost ) building will also be joining the ranks of properties that produce their power onsite. RealEnergy is in the process of installing systems in three sites for the State of California Department of General Services The California Department of General Services (DGS) is a state government agency in the executive branch of the government of California in the United States. It provides a large number of services to other agencies in the government of California, playing a role that is similar to , including the onsite generation system for the California Public Utilities Commission building in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden . The cogeneration cogeneration In power systems, use of steam for both power generation and heating. High-temperature, high-pressure steam from a boiler and superheater first passes through a turbine to produce power. system will enable the CA agency that oversees private utilities, communications, and transportation companies, to produce 400 kilowatts of their own power (enough to power 300 to 400 average-sized homes). According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. 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. CHP CHP Chapter CHP Combined Heat and Power CHP California Highway Patrol CHP Cumhuriyet Halk Partisi (Turkish: Republican People's Party) CHP Chemical Hygiene Plan (OSHA) CHP Community Health Plan is a cornerstone cornerstone Ceremonial building block, dated or otherwise inscribed, usually placed in an outer wall of a building to commemorate its dedication. Often the stone is hollowed out to contain newspapers, photographs, or other documents reflecting current customs, with a view to of the President's National Energy Policy and has been widely embraced by policy makers in California and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , as well," he added. "Energy solutions also need to make sense from a fiscal standpoint," said Cashdan. "Additionally, we have developed a financial structure that can put these CHP systems into a building at literally no cost to the owner." RealEnergy has also expanded their focus by opening offices in New York. Cashdan, a passionate believer in the expanding role of onsite power generation as a viable solution for helping to solve the nation's long term power problems, is equally strong in his belief that these solutions also have to be environmentally sensitive. "Our commitment is to only provide ultra-efficient energy systems that reduce pollution and energy usage while taking some of the peak load off the public grid, allowing more power to be available to the surrounding neighborhood," said Cashdan. Media Resources Daniel Cashdan, Chairman of RealEnergy, Inc. - 818/610-2300. Ted Bishak, Senior Vice President of Property Operation for CommonWealth Partners - 213/629-2100. (Has onsite power systems in buildings they manage for CalPERS) Randy Bessolo, Trans Western Investments - 312/499-1980. (Is having an onsite system installed in building in Orange, CA) Randy Ferguson, California Department of General Services - 916/445-6622 (Is having onsite systems installed in three buildings) About RealEnergy Inc. Woodland Hills, CA-based RealEnergy Inc. designs, owns and operates permanent on-site power generation systems, in both large properties and significant property portfolios, for commercial real estate owners and corporations. The company researches and selects only systems that provide clean, reliable electrical energy for tenants, using technologies that empower empower verb To encourage or provide a person with the means or information to become involved in solving his/her own problems owners with better control and energy efficiencies. RealEnergy's website is www.realenergy.com. |
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