Kingspan Named in White House Release on New DOE Initiatives
Kingspan Named in White House Release on New DOE Efficiency Initiatives
The White House announced August 29, a new initiative to improve industrial energy efficiency, and Kingspan Insulated Panels North America was named one of five private-sector companies involved in its related Department of Energy (DOE) program, called Better Buildings, Better Plants.
Kingspan Insulated Panels, a Deland, Florida-based producer of high-performing insulated metal panels and a global leader in the manufacture of building envelope solutions, has been named by the DOE as one of five companies making commitments to "improving energy intensity by 25% over ten years." (Energy intensity is an economic indicator measuring energy efficiency, calculated as a ratio of energy units to units of GDP.)
The announcement by the DOE followed immediately upon the White House release on a new Executive Order, "to accelerate investments in industrial energy efficiency, including combined heat and power (CHP)." President Obama and the DOE stressed the benefits of industrial efforts to foster CHP development, including $100 billion in saved energy costs, improved U.S. manufacturing competitiveness, and job creation through new capital investment.
Kingspan will make its contribution to this executive effort through its commitment to Better Buildings, Better Plants along with four other companies named.