THE B USINESS C ASE FOR C OMBINED H EAT AND P OWER
DOI:
https://doi.org/10.13052/dgaej2156-3306.1943Abstract
In an environment of increasing energy prices and market volatility,
combined heat and power (CHP) offers the energy manager both the
potential for cost savings and increased flexibility to better deal with and
respond to changes in energy markets. CHP should be viewed as a
source of thermal energy that also produces power as a byproduct. In
most cases, CHP will have difficulty competing with utility-scale genera-
tion in wholesale power markets, but can be attractive offsetting pur-
chased power while increasing power reliability and constituting an
important element in a corporate energy risk management portfolio.
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