Cogeneration Project Analysis Update

Not long ago, to evaluate the feasibility of a cogeneration project, a simple economic analysis, that considered capital required, operations and maintenance savings, was sufficient. However, under present economic uncertainties (and highly competitive business environment) the situation has changed dramatically. It is now essential to do an in-depth evaluation to insure that very diverse and applicable factors are determined and properly evaluated. This paper will go beyond the "nuts and bolts" analysis of cogeneration economics. It will enumerate and discuss diverse factors, such as, but not limited to: Fuel Considerations, Heat System Analysis, Electric Power Considerations, Key Technical Project Considerations, and Economic Analysis