Cashing in On CHPs: Increasing Energy Reliability and Savings with Combined Heat and Power (CHP)

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What is old will become new again. While the idea of producing electricity/steam and delivering them to the customer on-site with less dependence on traditional utility-supplied power has been around for decades, it has in recent years seen a re-emergence. Hospitals, universities, manufacturers and other large electric users have found that producing electricity and usable steam (collectively, Combined Heat and Power) may provide them substantial economic and operational benefits. However, potential CHP users need economic, financial and legal guidance in efficiently steering these CHP projects to completion. While having elements of large-scale construction projects, CHP facilities involve much more. This session will explore CHP evaluation, development, operation, project structure, including risk management and relevant contracts. 

Alan Seltzer and John Povilaitis, attorneys with Buchanan Ingersoll& Rooney, along with economists Frank Graves and Metin Celebi from the Brattle Group will discuss: 

• What is a CHP? 

• Why do a CHP now? 

• How a CHP works 

• The Benefits of CHPs and who can best benefit from them 

• Is a CHP project right for you? 

• CHP Success Stories 

• CHP evaluation process 

• CHP Project Structures and Key Contracts 

• Allocation of Project Risks in the Contracts

 

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