March 18, 2002

1 Min Read
DOE Awards Fuel Efficiency and Methane Contracts

Danielle Jackson

Washington, D.C. -- The U.S. Department of Energy (DOE) has awarded Energy Savings Performance Contracts (ESPCs) to five service companies to reduce energy use, manage utility costs and promote renewable energy at federal facilities by using biomass and methane energy technologies.

ESPC contract winners include Constellation Energy Source, Baltimore; DTE Biomass Energy Inc., Ann Arbor, Mich.; Energy Systems Corp., Evansville, Ind.; Systems Engineering and Management Corp., Knoxville, Tenn.; and Trigen Development Corp., Baltimore.

The companies will develop, finance and implement projects that guarantee energy-related cost savings at federal facilities and in return will receive fixed payments derived from the energy cost savings achieved. Total value of the contracts is estimated at $200 million.

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