Video: Eight Flags Energy CHP Plant
The natural gas provided by Florida Public Utilities Company (FPU) and Peninsula Pipeline Company, two subsidiaries of Chesapeake Utilities Corporation, will produce three energy sources: electricity, steam and heated water. Rayonier Advanced Materials will purchase the steam and heated water for use in its cellulose specialties production facility. FPU will purchase the electricity for distribution to its retail customers in the area which will yield cost-savings and increased reliability.
Read the latest news on the commencement of the first combined heat and power plant operation.
According to the EPA and Center for Clean Air Policy, CHP systems are a critical tool needed to reduce carbon emissions and save energy users nationwide significant costs, approximately $10 billion a year.
CHP offers users a variety of economic and environmental benefits:
Safety and reliability are top priorities. Eight Flags Energy is designed to reduce electric grid disruptions and continue operating in the event of strong storms – keeping power on for our customers in times of need.
Millions of dollars in savings will be passed to FPU electric customers on Amelia Island over a 20-year term.
Eight Flags operates at a higher efficiency than many other power generation plants because it uses heat that would otherwise be wasted. It’s two times as efficient as a typical utility-owned coal fire plant.
Eight Flags Energy CHP plant provides the most dependable energy source available to FPU electric customers on Amelia Island due to its close proximity.
About Chesapeake Utilities Corporation
Chesapeake Utilities Corporation is a diversified energy company engaged in natural gas distribution, transmission, marketing, gathering and processing; electricity distribution and generation; propane gas distribution and wholesale marketing; and other related services. Information about Chesapeake Utilities Corporation and the Chesapeake family of businesses is available at www.chpk.com.
About Florida Public Utilities Company
Florida Public Utilities Company is a wholly-owned subsidiary of Chesapeake Utilities Corporation. Headquartered in West Palm Beach, Florida, FPU distributes natural gas and propane and provides electric services to approximately 121,000 customers in markets throughout Florida. For more information, visit www.fpuc.com.
About Rayonier Advanced Materials, Inc.
Rayonier Advanced Materials, Inc. is the leading global supplier of high-purity, cellulose specialties products, a natural polymer for the chemical industry. Working closely with its customers, the company engineers natural polymeric chemical chains to create dozens of customized high-purity performance fibers at its plants in Florida and Georgia. Rayonier Advanced Materials is consistently ranked among the nation’s top 50 exporters and delivers products to 79 ports around the world, serving customers in 20 countries across five continents. For more information, visit www.RayonierAM.com.