When a business case for combined heat and power (CHP) is being made, decision makers should know of financing alternatives for economically viable CHP projects, according to an article on the FacilityCare website.
The benefits of a well-designed healthcare CHP system can include:
• Significantly reduced energy costs
• Ability to reallocate capital to purposes critical to the hospital’s mission
• Enhanced power (and heat) reliability and resiliency that exceeds supply from the grid and traditional emergency generators
Numerous studies have demonstrated the reliability of appropriately designed CHP in supplying power during grid outages, the article said.