Ohio

Combined Heat & Power Feasibility

January 2018

In Winter 2018, muGrid Analytics completed a feasibility analysis of a 20 MW natural gas-fired combined heat and power plant for an indoor agricultural facility in Ohio. The analysis determined the optimal system sizing, operating strategy, and projected financial return that maximized ROI to the owner across five stacked revenue streams: 1.) avoided energy charges, 2.) avoided demand charges, 3.) avoided heating costs, 4.) participating in PJM capacity markets by both reducing onsite load and net exporting power during the PJM five peak hours, and 5.) CO2 recovery for plant growth.