The Heat is Power Association
The Heat is Power Association (HiP) is the trade association for the waste heat to power (WHP) industry. HiP educates decision makers about clean energy and cost savings benefits of WHP and advocates for policies that provide tax parity and a level playing field with other renewable energy resources for WHP investment, development and deployment.
U.S. Federal Investment Tax Credit
for Waste Heat to Power Projects extended by Inflation Reduction Act of 2022
United States Congress gives a 30% Investment Tax Credit to “waste energy recovery property” through 2024 (for all qualified waste heat to power projects)
View the Heat is Power Association’s summary of the new law
10 years of determined effort on the part of HiP’s members, allies and Congressional champions
According to the U.S. Department of Energy, there is an opportunity to produce 15GW of power from waste heat.
HiP works collaboratively with other organizations to carry the message about the benefits of making industry and commercial enterprises more efficient and sustainable and promote net zero-emission goals.
HiP confers with stakeholders including state and federal officials on the technical and economic aspects of WHP and progress made by the industry in meeting clean energy goals. HiP develops essential resources such as whitepapers, databases, and webinars to inform the public on benefits and applicability of WHP as a zero-emission energy resource.
HiP advocates for policies that provide parity for WHP with other sources of renewable energy. We frequently recommend language, evaluate, and comment on proposed policy, and write letters of support and appreciation for legislation that promotes WHP technology and defines WHP as a renewable energy resource.
HiP has promoted recognition of WHP as a renewable energy and energy efficiency resource. In January 2021, Congress recognized WHP as a renewable energy resource and granted a 26% ITC to the range of WHP technologies. WHP is also considered a renewable energy resource in seventeen state renewable portfolio standards and an efficiency resource in four energy efficiency resource standards.
WASTE HEAT TO POWER
U.S. Federal Investment Tax Credit for Waste Heat to Power Projects extended by Inflation Reduction Act of 2022
Join a coalition of companies working to advance the market for waste heat to power (WHP).
Heat is Power Association members are actively building the WHP industry by developing WHP projects and innovative technologies, including steam turbines, organic Rankine cycle (ORC), thermoelectrics, Stirling engine, supercritical CO2, and others.
Benefits of Becoming a member
The Heat is Power Association (HiP) applauds President Biden for signing the Inflation Reduction Act into law.
Join the Long Duration Energy Storage Council (LDES Council) and the Heat is Power Association & Clean Energy Business Network on July 7th for an #energystorage