Generate significant thermal and electrical savings onsite with
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Combined Heat & Power (CHP) or Cogeneration is the simultaneous onsite generation of both electricity and heat from a single fuel source, typically natural gas. This simultaneous generation from a single fuel source makes CHP systems highly efficient compared to conventional power generation.
A basic CHP system operates by fueling either a reciprocating or turbine driven generator set with natural gas. Electricity is produced by this process similar to standard generators. The difference is that CHP systems capture the waste heat that is normally exhausted to the atmosphere and utilizes it onsite for thermal processes. This captured thermal energy is used onsite for process steam, process hot water, dehumidification, pool water heating, domestic hot water and/or space heating. Space cooling, process chilling and refrigeration are also available through absorption chilling methods.
There are many reasons why now is a great time for CHP. Dynamic Energy can provide multiple financing options including:
Power Purchase Agreement (PPA) provides the host customer power and heat at a discounted rate, with no capital requirement. A third party investor owns the CHP system and enters into a long term power contract with the host. PPAs provide the following benefits to host customers:
An operating lease provides the host of the system with monthly lease payments as well as ownership of the project’s state incentives and generated electricity. A third party investor owns the CHP system and receives all of the tax incentives from the project. An operating lease provides the following benefits to customers: