{"id":974593,"date":"2026-06-23T07:06:46","date_gmt":"2026-06-23T11:06:46","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/kanin-energy-develops-7-mw-waste-heat-to-power-project-at-colorado-gas-plant\/"},"modified":"2026-06-23T07:06:46","modified_gmt":"2026-06-23T11:06:46","slug":"kanin-energy-develops-7-mw-waste-heat-to-power-project-at-colorado-gas-plant","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/kanin-energy-develops-7-mw-waste-heat-to-power-project-at-colorado-gas-plant\/","title":{"rendered":"Kanin Energy Develops 7 MW Waste Heat to Power Project at Colorado Gas Plant"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\">HOUSTON<\/span>, <span class=\"legendSpanClass\">June 23, 2026<\/span> \/PRNewswire\/ &#8212; Kanin Energy today announced plans to develop a 7-megawatt waste heat to power (WHP) facility at the Phillips 66 Mewbourn natural gas processing complex in Platteville, Colorado. The project represents an innovative collaboration that leverages industrial waste heat to generate onsite, baseload power, supporting plant reliability and long-term operational resilience while reducing the facility&#8217;s environmental footprint.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/2998616\/Kanin_Energy_Logo.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/2998616\/Kanin_Energy_Logo.jpg\" title=\"Kanin Energy\" alt=\"Kanin Energy\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>The WHP system captures waste heat from gas compression turbines and converts it into reliable, lower-emissions intensity power for direct use at the Phillips 66 Mewbourn complex. This project is expected to lower long-term power costs and reduce greenhouse gas emissions. Construction is expected to begin later this year.<\/p>\n<p>Under the project structure, Kanin Energy will develop, own, and operate the WHP facility, delivering a turnkey solution that enables Phillips 66 to unlock the value of its waste heat resources without upfront capital investment.<\/p>\n<p>&#8220;We are excited to be working on this project with Phillips 66, a company that demonstrates a genuine commitment to innovation and continuous improvement at their operations. Helping industry unlock new value from their existing operations and save on energy costs is core to Kanin Energy&#8217;s mission. This project with Phillips 66 is a strong example of the kind of collaboration that makes this vision a reality.&#8221; said <b>Janice Tran, CEO at Kanin Energy<\/b>.<\/p>\n<p>&#8220;This waste heat to power project at our Mewbourn plant is another example of how we are investing in innovative technologies that support safe, reliable operations and strengthen the long-term resilience of our system,&#8221; said <b>Michelle Hilger, Vice President, Phillips 66 Technical Services and Innovation<\/b>. &#8220;It reflects our team&#8217;s focus on continuous improvement and innovation as we look for new ways to enhance performance and reduce our environmental footprint.&#8221;<\/p>\n<p>\n        <b>About Kanin Energy<\/b>\n      <\/p>\n<p>Kanin Energy is a technology-agnostic, developer, owner, and operator of industrial energy assets including Waste Heat to Power (WHP) and Combined Heat &amp; Power (CHP). They bring expertise in designing, building, and operating power generation and thermal systems, structuring long-term offtake and interconnection agreements, as well as sourcing capital to finance major infrastructure projects for industrial operators. For more information, visit <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4717161-1&amp;h=3997896340&amp;u=https%3A%2F%2Fkaninenergy.com%2F&amp;a=kaninenergy.com\" target=\"_blank\" rel=\"nofollow\">kaninenergy.com<\/a>.<\/p>\n<p>\n        <b>About Phillips 66<\/b>\n      <\/p>\n<p>Phillips 66 (NYSE: PSX) is a leading integrated downstream energy provider that manufactures, transports and markets products that drive the global economy. The company&#8217;s portfolio includes Midstream, Chemicals, Refining, Marketing and Specialties, and Renewable Fuels businesses. Headquartered in Houston, Phillips 66 has employees around the globe who are committed to safely and reliably providing energy and improving lives while pursuing a lower-carbon future. For more information, visit <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4717161-1&amp;h=2974676257&amp;u=https%3A%2F%2Fwww.phillips66.com%2F&amp;a=phillips66.com\" target=\"_blank\" rel=\"nofollow\">phillips66.com<\/a> or follow <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4717161-1&amp;h=1588482192&amp;u=https%3A%2F%2Fcts.businesswire.com%2Fct%2FCT%3Fid%3Dsmartlink%26url%3Dhttps%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fphillips66co%2F%26esheet%3D54462577%26newsitemid%3D20260324575092%26lan%3Den-US%26anchor%3D%40Phillips66Co%26index%3D3%26md5%3D77d902d57672aae7ea867150e76259a3&amp;a=%40Phillips66Co\" target=\"_blank\" rel=\"nofollow\">@Phillips66Co<\/a> on LinkedIn.<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/edge.prnewswire.com\/c\/img\/favicon.png?sn=DA89573&amp;sd=2026-06-23\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/kanin-energy-develops-7-mw-waste-heat-to-power-project-at-colorado-gas-plant-302807190.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/kanin-energy-develops-7-mw-waste-heat-to-power-project-at-colorado-gas-plant-302807190.html<\/a><\/p>\n<p>SOURCE Kanin Energy<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DA89573&amp;Transmission_Id=202606230700PR_NEWS_USPR_____DA89573&amp;DateId=20260623\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire HOUSTON, June 23, 2026 \/PRNewswire\/ &#8212; Kanin Energy today announced plans to develop a 7-megawatt waste heat to power (WHP) facility at the Phillips 66 Mewbourn natural gas processing complex in Platteville, Colorado. The project represents an innovative collaboration that leverages industrial waste heat to generate onsite, baseload power, supporting plant reliability and long-term operational resilience while reducing the facility&#8217;s environmental footprint. The WHP system captures waste heat from gas compression turbines and converts it into reliable, lower-emissions intensity power for direct use at the Phillips 66 Mewbourn complex. This project is expected to lower long-term power costs and reduce greenhouse gas emissions. Construction is expected to begin later this year. Under the project structure, Kanin Energy will &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kanin-energy-develops-7-mw-waste-heat-to-power-project-at-colorado-gas-plant\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Kanin Energy Develops 7 MW Waste Heat to Power Project at Colorado Gas Plant&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-974593","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Kanin Energy Develops 7 MW Waste Heat to Power Project at Colorado Gas Plant - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kanin-energy-develops-7-mw-waste-heat-to-power-project-at-colorado-gas-plant\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kanin Energy Develops 7 MW Waste Heat to Power Project at Colorado Gas Plant - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire HOUSTON, June 23, 2026 \/PRNewswire\/ &#8212; Kanin Energy today announced plans to develop a 7-megawatt waste heat to power (WHP) facility at the Phillips 66 Mewbourn natural gas processing complex in Platteville, Colorado. The project represents an innovative collaboration that leverages industrial waste heat to generate onsite, baseload power, supporting plant reliability and long-term operational resilience while reducing the facility&#8217;s environmental footprint. The WHP system captures waste heat from gas compression turbines and converts it into reliable, lower-emissions intensity power for direct use at the Phillips 66 Mewbourn complex. This project is expected to lower long-term power costs and reduce greenhouse gas emissions. Construction is expected to begin later this year. Under the project structure, Kanin Energy will &hellip; Continue reading &quot;Kanin Energy Develops 7 MW Waste Heat to Power Project at Colorado Gas Plant&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/kanin-energy-develops-7-mw-waste-heat-to-power-project-at-colorado-gas-plant\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-23T11:06:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/2998616\/Kanin_Energy_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kanin-energy-develops-7-mw-waste-heat-to-power-project-at-colorado-gas-plant\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kanin-energy-develops-7-mw-waste-heat-to-power-project-at-colorado-gas-plant\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Kanin Energy Develops 7 MW Waste Heat to Power Project at Colorado Gas Plant\",\"datePublished\":\"2026-06-23T11:06:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kanin-energy-develops-7-mw-waste-heat-to-power-project-at-colorado-gas-plant\\\/\"},\"wordCount\":454,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kanin-energy-develops-7-mw-waste-heat-to-power-project-at-colorado-gas-plant\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/2998616\\\/Kanin_Energy_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kanin-energy-develops-7-mw-waste-heat-to-power-project-at-colorado-gas-plant\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/kanin-energy-develops-7-mw-waste-heat-to-power-project-at-colorado-gas-plant\\\/\",\"name\":\"Kanin Energy Develops 7 MW Waste Heat to Power Project at Colorado Gas Plant - 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The project represents an innovative collaboration that leverages industrial waste heat to generate onsite, baseload power, supporting plant reliability and long-term operational resilience while reducing the facility&#8217;s environmental footprint. The WHP system captures waste heat from gas compression turbines and converts it into reliable, lower-emissions intensity power for direct use at the Phillips 66 Mewbourn complex. This project is expected to lower long-term power costs and reduce greenhouse gas emissions. Construction is expected to begin later this year. 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