Improving Standby Rate Design Would Help Industries Increase Efficiency, Reduce Emissions, and Save Money

March 13, 2018 in Efficiency Authors: Anna Dirkswager, Jamie Scripps

What is Combined Heat and Power?

Combined heat and power (CHP) is a system that not only generates electricity, but also harnesses the thermal energy from power generation for heating and cooling applications (typically burning natural gas for electricity and capturing the exhaust for steam heat). By combining these two processes, some CHP systems can achieve thermal efficiencies of 60-80 percent, which is up to twice the efficiency of traditional power generation. Continue reading »