Cogeneration

Cogeneration

Cogeneration is the simultaneous production of electricity and thermal energy such as hot water or steam from a single fuel source. Often natural gas is used to produce both electricity and steam. The steam produced is normally required by an associated or nearby commercial facility, while the electricity generated is sold to a utility or used within the facility. Cogeneration provides facilities with greater efficiency, greater reliability and increased process flexibility than conventional generation methods. Examples of industries using cogeneration facilities include food processing, pulp and paper and chemical plants.

Cogeneration Benefits

• Predictable generation (no natural fluctuations)
• Low technology risk using well proven turbine engines
• Operating risk can be minimized through PPAs matched with gas supply
• Revenues based on long-term agreements
  
  

© Copyright Algonquin Power Venture Fund 2007| Privacy Policy |
Algonquin Power Venture Fund, 2845 Bristol Circle, Oakville, ON Canada, L6H 7H7
Tel: 905.465.4500 Toll Free 1.866.799.3081 Fax: 905. 465.4514 Email: APVF@AlgonquinPowerVentureFund.com