Combined Heat and Power (CHP) systems generate on-site electricity and thermal energy within a single integrated solution. Well designed CHP solutions consume less fuel than would be required to acquire electricity and heat from conventional sources.
Building owners are interested in reducing energy costs and improving energy security while at the same time reducing greenhouses gas emissions. In a 2015 study, Deloitte found 55% of companies with over 200 employees generate a portion of their electricity growing by 67% in just three years. Energy management is now a core strategy for most corporations.
Many utility providers now offer CHP solutions to their mid-sized and large customers in a micro-utility model. The utility capitalizes the CHP and charges a facility for the heat and electricity at a discount to market rates for conventional delivery.
eDecisions is a management consultancy focused on the alternative energy sector in general and on CHP specifically. We have worked with CHP solution providers and micro-utilities to assess energy saving opportunities in many different markets including commercial real-estate, residential, light industrial, community centres and greenhouses.
For existing buildings, eDecisions will work with building owners and building managers to develop an energy model for their facilities. Using these models, we evaluate the economic and environmental value of CHP solutions and demonstrate the impact of the risk factors on the ROI. These analyses are supported by CHPSizer, a proprietary tool that is very effective in demonstrating the ROI and risk to decision makers.
For new construction projects, the eDecisions team will leverage the design phase energy model to assess the economic and environmental value of a CHP for construction power as well as for post-build operations. The costs for construction power can be significant. If the CHP power-plant remains on-site as part of the final solution, the ROI for the solution is remarkable.
Once a CHP is in place, the eDecisions Data Centre will monitor the operational performance of the CHP fleet by frequently capturing critical data points. This data is used to periodically generate economic and environmental reports for all the stakeholder groups in the projects (owners, operators, users, public). CHP owners are always interested in tracking the savings, their actual return on investment (ROI), energy efficiency and GHG reductions over time. This is especially important to those CHP owners that are depending on government programs that require specific energy efficiency and GHG reduction targets.
The information in the Data Centre also provides the ability to create case studies the help decision makers understand how the solutions actually work with similar organizations.
For years, eDecisions has serviced CHP solution providers in the Alberta market. Our management consulting practice is supported by processes and technologies that help decision makers better understand the economic and environmental value of CHP solutions.
For a study on the economics of CHP solutions in Canada, download Economics of CHP Solutions in Canada.