Industry firms found the cure in cogeneration for the rise in energy costs. Cogeneration investments which enable energy to be produced where it is consumed provide supply security and reduce energy costs by 40 percent.
Because energy costs are a necessity to produce, industrial companies are looking for solutions that can not avoid these cost items. The cogeneration projects that come to the advantage of the industrialists are designed to provide energy constantly within the production facilities. With the help of cogeneration systems, the losses occuring in transmission and distribution lines are removed, and companies are supplying cheaper energy up to 40 percent.
Correct projections are important in project analysis
Enexion Energy Consultancy Managing Director and Energy Expert Ceren Özdal, reported that natural gas was turned into electricity in the cogeneration projects, she explained that the advantage of this combustion increases with the use of the resulting heat in in-plant processes. Stating that the cogeneration is particularly recommended for intensive production plants with heat consumption, Özdal highlighted that the energy profiles should be correctly examined and future energy prices should be well projected to understand whether firms can really benefit. Emphasizing that cogeneration projects are largescale projects, so projections should be done by experts, Özdal added that return of investments can be safely and objectively calculated.
Energy supply security
Özdal emphasized that the efficiency of the production facilities increases with cogeneration projects, Özdal also stated that continuous supply of high quality electricity is provided without being affected by the network. Explaining that energy supply security moved to top level thanks to cogeneration projects, Özdal also reported that more environmentally friendly production is possible by reducing the carbon footprint.
How does it benefit?
Özdal stated that the companies that produce their own electricity with cogeneration do not pay network costs and the unit cost of Renewable Energy Resources Support Mechanism (YEKDEM) and explained that the only cost item is natural gas.
The only risk: Finding the right natural gas supplier
Stating that as Enexion, they can analyze whether firms really need cogeneration or not, Özdal added that they can provide a correct projection about the return of investment. Özdal stated that if the market continues to be liberalized the only risk in cogeneration will be finding the right natural gas supplier, and added that thanks to Enexion experts they minimize the risks by bringing the companies together with the right supplier.
