Why do the CHP plants still have to be promoted in spite of all obvious energy savings advantages?
Combined heat and power means replacement of energy through capital: production and distribution of district heat requires high investments and long payback times. The general economic advantage is incontestable; the political specifications like energy conservation and reduction of imported energy sources can be met. However, the commercial profit does not always show from the beginning, due to the so-called initiation losses. The short-term interest of a business (e.g. shareholder value) stands in contrast to long-term business strategies.
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- Why do the CHP plants still have to be promoted in spite of all obvious energy savings advantages?