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Third-party ownership and operation of cogeneration facilities

Journal Article · · Strategic Plan. Energy Manage.; (United States)
OSTI ID:5724862

There are a lot of people offering to play the role of cogeneration owner-operator these days: architect-engineers, fuel supply companies, independent entrepreneurs, utilities, and equipment suppliers like GE. Here is what to look for in an owner-operator who can put together deals that work: a responsible owner-operator must have the technical capability to analyze the economics of the projects, and select the best system; and he must have the experience to assure that those analyses are realistic. He should understand utility economics and system operations, since these can have a great impact on project returns. He should be experienced and flexible in structuring business arrangements. He should have established access to a variety of financing sources. He should be able to arrange a fuel supply on advantageous terms. He should be able to coordinate design, equipment, construction, and installation to deliver a reliable system. And he should have the personnel and facilities necessary to operate and maintain the plant for maximum availability over its entire life. Finally, he should recognize that, for long-term success, the project he designs must serve the needs of all concerned parties: the cogenerator, the utility, the ratepayers, and the industry.

Research Organization:
General Electric Co., Wilmington, NC
OSTI ID:
5724862
Journal Information:
Strategic Plan. Energy Manage.; (United States), Journal Name: Strategic Plan. Energy Manage.; (United States) Vol. 4:4; ISSN SPEME
Country of Publication:
United States
Language:
English