New challenges and solutions for CHP
The application of RD 413/2014 and the new payment scheme for the special regime technologies has led to uncertainty and a reduction in income there which makes it necessary to implement new solutions aimed at ensuring adequate compensation, and reducing the risk associated with the volatility of market prices. In the case of CHP plants, under RD 661/2007 it was valid to run the maximum number of hours, today is absolutely unthinkable, and we now need optimized management solutions that enable plants to continue to operate within profitable margins.
A recent example of how regulatory changes affect such plants is found in the first quarter of 2014, when the very low prices of electricity made it extremely complex to operate CHP plants, which were even were forced to stop working, losing a great deal of money.
Proper management of CHP plants is crucial to their survival. Here is a graphic example of how a CHP plant should no longer be operated.
Article published in: FuturENERGY July-August 2014