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Cogeneration economics

Journal Article · · Chem. Eng. Prog.; (United States)
OSTI ID:7051142
In 1978, following the OPEC (Organization of Petroleum Exporting Countries) oil embargoes of a few years earlier, the U.S. Congress determined that it would be in the nation's best interest to take steps to reduce the dependence on imported foreign fuels. Congress enacted the national Energy Act, which includes the Public Utilities Regulatory Policies Act (PURPA). The National Energy Act, especially PURPA, was designed to decrease the reliance on foreign fuels by reducing consumption. This was to be accomplished by conservation, increasing the efficiency of use of fuel resources, and encouraging the use of nontraditional fuels such as waste heat, garbage, solar energy, and wood. To encourage cogeneration by American industry, Congress, through PURPA, sought to achieve its objective by breaking down a number of obstacles and impediments to cogenerators that had been developed over the years by the electric utility industry and their regulators. This paper discusses the economics of cogeneration.
OSTI ID:
7051142
Journal Information:
Chem. Eng. Prog.; (United States), Journal Name: Chem. Eng. Prog.; (United States) Vol. 82:10; ISSN CEPRA
Country of Publication:
United States
Language:
English

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