8 criteria for evaluating the feasibility of a cogeneration system
Investing in on-site energy technologies like cogeneration can require a good deal of analysis and internal agreement for your business. In this infographic, we provide eight criteria necessary to perform an economic feasibility study.
Cogeneration, also known as Combined Heat and Power (CHP), can add resilience and cost benefits to your operations, but investing in on-site energy production can require a good deal of analysis and internal agreement for your business. Before installing a cogeneration system in a site’s building or process, you’ll want to evaluate the economics carefully and thoroughly to obtain the required investment and understand the true benefit to your business.
This evaluation is usually carried out in a detailed economic feasibility study. Choosing a partner who is capable of helping you to navigate and evaluate all the proper criteria necessary to perform this study can simplify the process and lead to a more efficient and lucrative investment that also provides energy resiliency to your operations. The infographic below outlines 8 criteria for performing this study – you can also get a more detailed look.