Implementation of CHP Plants: The Best Investment Possibilities In Hungary

Abstract

Cogeneration is a very important tool for saving primary energy,
avoiding network losses, and reducing emissions, in particular green-
house gases. In addition, ef ficient use of energy by cogeneration can
contribute positively to the security of a nation’s energy supply and to
the competitive situation in both the private and public sectors of the
energy market.
For this reason, and because of Hungary’s electricity price struc-
ture, companies with large electricity and heat consumption, or with the
possibility to sell electricity or heat, are considering the technical and
economical bene fits of implementing local combined heat and power
(CHP) plants to supply energy for their technology processes.
This article introduces the Hungarian electricity price structure,
and shows the results of a feasibility study for implementation of a CHP
plant.