Report advises utilities on benefits of CHP

According to a recent research report by the American Council for an Energy Efficient Economy, "Utilities and the CHP Value Proposition," electric and natural gas utilities could reap substantial benefits by investing in and encouraging new combined heat and power (CHP) systems in their service territories.

The major benefits that CHP offers to utilities include cost-effectiveness, quick deployment, avoidance of significant transmission and distribution (T&D) losses, and reduced strain on T&D systems.

cogeneration
Policy and regulatory changes that would allow or encourage utilities to take advantage of these benefits include: Establishing an energy efficiency resource standard (EERS) or other portfolio standard that prioritizes CHP as a critical resource and allowing utilities to earn cost recovery and economic returns on investments in CHP, as allowed for other generation resources.

The proposition also advises encouragement of utilities to offer dedicated CHP programs within overall energy efficiency programming, and offering performance incentives for exceptional efficiency results

For more North American CHP news



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...