CHP/Cogeneration: Bright ideas in Profit and Power.
Cogeneration has been around since 1882 thanks to Edison’s relentless experimentation with sockets, fuses, switches, power meters, generators and the conviction that energy efficiency could change the world.
“At 3pm on September 4, 1882, Edison threw the switch that would start up America’s first power plant, serving a square-mile area that included some very wealthy and influential customers: J.P. Morgan, the Stock Exchange, and the nation’s largest newspapers.” Source PBS Edison’s Miracle of Light
While this concept has propelled the way in which power is distributed, many industrial producers remain unaware of how to harness their power and profit from cogeneration as an Smart Power solution. Efficiency in operational energy demand and production can produce both savings and profit with and ROI on average of 3-5 years. Better yet, most turbine solutions in cogeneration applications have relatively small footprints for development, and are not dependent on unpredictable elements like sun and wind in order to provide power.
“According to the International Energy Agency, power generation from non-hydro renewable sources including solar, wind and bioenergy will exceed gas and nuclear by 2016 and renewable power is expected to increase by 40 percent in the next five years. “Combined heat and power (CHP), also known as cogeneration, is the simultaneous production of electricity and heat from a single fuel source, such as: natural gas, biomass, biogas, coal, waste heat, or oil,” reports the United States Environmental Protection Agency (EPA). Cogeneration was likely first introduced by Thomas Edison in 1882 at his Pearl Street Station which combined heat and power, producing electricity and thermal energy.” Source: Future of Cogen is Green by Chadwick Wasilenkoff
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