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Title: University buys $530,000 cogeneration system only to shave peak demand

Journal Article · · Energy User News; (United States)
OSTI ID:7152699

The University of Richmond will use a cogeneration system during the four summer months to lower peak demand and save about $125,000. The school expects a four-year payback for its $530,000 investment. Because the school's demand charge of 2.5 cents per kilowatt hour is based on the average peak of the summer months, demand charge will be based on about 1025 kW instead of 3500 kW once the cogeneration system is operating. The system will combine a 725-kW generator and engine in a single unit, with the turbine driven by a gas-fired engine. The system will generate 700,000 kWh and save another 300,000 kWh by recovering waste heat for an absorption chiller. Four competitors bid on the project, which was given to Waukesha Engine Division of Dresser Industries.

OSTI ID:
7152699
Journal Information:
Energy User News; (United States), Vol. 9:20
Country of Publication:
United States
Language:
English