May 30, 2001– Microturbines offer great potential to help supply industry with reliable and affordable power, the Ingersoll-Rand Company said Thursday in testimony submitted into a hearing of the U.S. Senate environment and public works committee. The hearing is to consider new and innovative environmental technologies.
Rone Lewis III, senior vice-president and president of IR’s Independent Power Sector in Portsmouth, NH, showed the committee its brand of microturbine, called PowerWorks, as part of the hearing’s outdoor exhibits. A tabletop display with a video explanation of PowerWorks was part of the indoor exhibits.
In the U.S. — as in Canada — deregulation, volatile energy pricing and tighter emission regulations have prompted an interest in energy alternatives, such as green technologies like microturbines — on-site generating equipment. PowerWorks, to be available in the second half of 2001, will be able to supply on-site electricity and heating needs for commercial buildings and industrial facilities, the company says.
IR was pushing the committee to recommend tax credits, saying they are essential to helping businesses finance the utilization of this technology.
IR’s product portfolio also includes Torrington bearings and Ingersoll-Rand industrial and construction equipment. Further information on IR can be found on the company’s web site at www.irco.com.