March 9, 2023
The following statement reacting to the U.S. Department of Energy announcement today of $6 billion to “drastically reduce industrial emissions and create healthier communities” may be attributed to Blaine Collison, Executive Director of the Renewable Thermal Collaborative:
“Today’s funding announcement marks a turning point in the conversation about industrial decarbonization. The Department of Energy’s (DOE) funding is designed to leverage 50% cost-sharing from manufacturers: these combined resources will help companies deploy scalable decarbonization solutions that will help make U.S. manufacturing more competitive and provide meaningful benefits to local communities. This is a transformational model, and we’re already seeing companies looking at the opportunities this partnership will enable.
Significant funding such as the $6 billion announced today that is designed to “accelerate decarbonization projects in energy-intensive industries” will be vital to the long-term success of these efforts. While funding is only part of the solution, it sends the signal that the U.S. government values and supports these efforts and encourages the private sector to continue to innovate to further address them.
As the only coalition of large energy users focused exclusively on decarbonizing thermal energy with renewables, the RTC welcomes today’s funding announcement and encourages the Administration and Congress to prioritize policy that supports the continued decarbonization of American industry.”
About the RTC: The Renewable Thermal Collaborative (RTC) is the global coalition for companies, institutions, and governments committed to scaling up renewable heating and cooling at their facilities, dramatically cutting carbon emissions. RTC members recognize the growing demand and necessity for renewable heating and cooling and the urgent need to meet this demand in a manner that delivers sustainable, cost-competitive options at scale. As a coalition, the RTC offers value to members by providing “power in numbers.” The RTC is the only place to focus on renewable heating and cooling and where large thermal energy users come together collaboratively to understand the problems in the market, learn from each other, and overcome these barriers to renewable heating and cooling. The Renewable Thermal Collaborative was founded in 2017 and is facilitated by the Center for Climate and Energy Solutions, David Gardiner and Associates, and World Wildlife Fund.