Energy Efficiency and Profit Optimization for Cogeneration Plants
- Type: Conference Presentation
AIChE Member Credits 0.5 AIChE Members $19.00 AIChE Fuels and Petrochemicals Division Members Free AIChE Graduate Student Members Free AIChE Undergraduate Student Members Free Non-Members $29.00
- Conference Type: AIChE Spring Meeting and Global Congress on Process Safety
- Presentation Date: March 27, 2017
- Duration: 30 minutes
- PDHs: 0.50
Optimum energy efficiency has long been the primary objective for a cogeneration plant. However, with the increased complexity of power contracts, the concept of operating at optimum plant efficiency to maximize profit is not always a valid assumption. This paper will present the process and financial variables affecting the profitability of an industrial cogeneration plant. The concept of Steam Profitability Path to simplify the dynamic problem of variable power rates, fuel cost and steam demand will also be introduced. The application of the Steam Profitability Path for advanced process control (APC) applications and Energy Management Systems will be shown.
Once the content has been viewed and you have attested to it, you will be able to download and print a certificate for PDH credits. If you have already viewed this content, please click here to login.
|AIChE Member Credits||0.5|
|AIChE Fuels and Petrochemicals Division Members||Free|
|AIChE Graduate Student Members||Free|
|AIChE Undergraduate Student Members||Free|