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Benefits of CHP
...for owners:
- Improved fuel efficiency - up to 2/3 savings in fuel costs
- Improved power quality & reliability
- Improved energy cost predictability
- Business continuity
- Energy security
...for society:
- Reduced emissions per unit of useful output - up to 33%-50%
reduced emissions
- No ratepayer investment required in generating, transmitting or
distributing power
- Reduced land-use impacts and NIMBY objectives
- Reduced fresh water use
- Optimized natural gas and reduced price volatility - up to 40%
greater efficiency than conventional units
- Creation of new high-tech manufacturing sector in domestic and
export markets
- Support of competitive electricity market structure
...for electric utilities:
- Reduced energy losses in transmission lines -
current transmission losses are about 10%. Clean
energy requires no remote transmission and therefore
sustains no transmission losses.
- Reduced upstream congestion on transmission
lines
- Reduced or deferred infrastructure (line and
substation) upgrades
- Optimal use of existing grid assets, including
the potential to free up transmission assets for
increased wheeling capacity
- Less capital tied up in unproductive asset
- Improved grid reliability
- Higher energy conversion efficiencies than
central generation
- Faster permitting than transmission line
upgrades
- Ancillary benefits including voltage support &
stability, contingency reserves and black start
capability
Barriers to CHP
(See our Policies &
Incentives page for in-depth discussions of
policy issues currently confronting clean energy
adoption in the Southeast region, and see the Oak
Ridge and DOE reports highlighted above for a national
discussion.)
- Inconsistent interconnection requirements between states and utilities, prompting potential interconnection delays
- Standby and back-up power charges from the utility that can adversely affect project economics
- Air regulations that do not recognize the environmental benefits of CHP
- Non-standardized, time-consuming environmental permitting process
- Complex local ordinances regarding siting, zoning, fire code, etc.
- Volatile natural gas prices and spark spread
- Lack of awareness on benefits of on-site power generation by organization facility managers
- Lack of a specific tax depreciation category for on-site generation systems -- CHP systems can qualify for one of several categories depending on configuration and ownership resulting in a depreciation period ranging from 5 to 39 years
- Lack of standard data, models, or analysis tools provided by Utilities for evaluating distributed generation, or standard practices for incorporating distributed generation into electric system planning and operation.
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