Earning contract capacity payments for cogeneration plants
Journal Article
·
· IEEE Trans. Ind. Appl.; (United States)
Cogeneration of electricity by plants providing process heat can provide utilities with additional capacity during periods of high system load. Utilities are employing incentive payments to encourage high availability of cogenerated power during these periods. However, the details of the incentive are important. An example from an actual negotiation shows how a poorly designed incentive can cause serious financial losses to the cogenerator and at the same time bring no benefit to the utility, and how it can be changed to make it mutually beneficial.
- Research Organization:
- Bechtel Western Power Corp., P.O. Box 3965, San Francisco, CA 94119 (US)
- OSTI ID:
- 5157210
- Journal Information:
- IEEE Trans. Ind. Appl.; (United States), Journal Name: IEEE Trans. Ind. Appl.; (United States) Vol. 1A-23:4; ISSN ITIAC
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
20 FOSSIL-FUELED POWER PLANTS
200105* -- Fossil-Fueled Power Plants-- Heat Utilization
29 ENERGY PLANNING, POLICY, AND ECONOMY
296000 -- Energy Planning & Policy-- Electric Power
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320603 -- Energy Conservation
Consumption
& Utilization-- Municipalities & Community Systems-- Public Utilities-- (1980-)
AVAILABILITY
CAPACITY
COGENERATION
DEUS
DUAL-PURPOSE POWER PLANTS
ENERGY
ENERGY SYSTEMS
FINANCIAL INCENTIVES
HEAT
LOAD MANAGEMENT
MANAGEMENT
MARKETING
POWER GENERATION
POWER PLANTS
PROCESS HEAT
STEAM GENERATION
200105* -- Fossil-Fueled Power Plants-- Heat Utilization
29 ENERGY PLANNING, POLICY, AND ECONOMY
296000 -- Energy Planning & Policy-- Electric Power
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320603 -- Energy Conservation
Consumption
& Utilization-- Municipalities & Community Systems-- Public Utilities-- (1980-)
AVAILABILITY
CAPACITY
COGENERATION
DEUS
DUAL-PURPOSE POWER PLANTS
ENERGY
ENERGY SYSTEMS
FINANCIAL INCENTIVES
HEAT
LOAD MANAGEMENT
MANAGEMENT
MARKETING
POWER GENERATION
POWER PLANTS
PROCESS HEAT
STEAM GENERATION