Addressing Escalating Energy Costs – Maximizing Energy Efficiency

An increasing number of energy consumers are actively seeking ways to take charge of their energy needs and reduce their dependence on traditional energy sources. This drive towards energy independence is manifesting through the adoption of technologies like solar panels, battery storage systems, and on-site power generation through combustion.

A recurring question that frequently arises among our customers pertains to the feasibility of maximizing energy production and consumption, especially for smaller-scale consumers.

Can smaller energy consumers harness the benefits of this concept effectively?

To answer this, let's delve into the fundamental economic factors influencing electricity in Alberta.

Alberta's current economic landscape highlights a significant interplay between natural gas and electricity rates. In broad terms, the relationship between natural gas prices and electricity production centers around the concept of net energy transition. On a larger scale, electricity is predominantly generated through the combustion of natural gas in cogeneration or combined cycle plants.

In essence, the answer is a resounding yes—small-scale combined cycle or cogeneration systems are not only viable but can be economically advantageous when engineered to cater to the needs of smaller energy consumers. The deployment of cogeneration technologies is no longer a distant concept. With the continual rise in $/kWhr charges, these applications are becoming increasingly economically attractive with each passing month.

Substantial savings are realized when waste heat generated during on-site energy production is seamlessly integrated into building heating and cooling systems. Heat generated from CHP systems reduce the duty of e-boilers or ng boilers. This in-turn reduces electrical loads. CHP systems in conjunction with absorption chillers, leads to substantial consolidated savings. Smaller cogeneration systems have reached a level of efficiency where their heatrates (a measure of net electrical production compared to fuel consumption) are on par with those of Utility.

Traditionally, Combined Heat and Power (CHP) assessments have been confined to spreadsheets and theoretical projections. Reach out to us to see tangible savings reflected in our customers' utility bills.

Point8 Power Systems is dedicated to the design, supply, and upkeep of engine/turbine cogeneration systems, complemented by cutting-edge battery storage technologies.