| Measuring the Financial Benefits of Flexible Optimization |
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Peter Spinney
Market and Technology Assessment NeuCo, Inc. |
Tuesday, March 31, 2009
I recently wrote an article for Energy Central about how real-time, integrated boiler optimization can manage operating and financial tradeoffs in a manner responsive to uncertain and volatile fuel, NOx allowance and carbon markets.
For instance, for a typical 375 MW coal-fired unit, integrated boiler optimization with the flexibility to shift priorities in response to changing market conditions provides an additional $6.7 million in benefits beyond the $22.7 million ten-year benefits that would be achieved through an optimization system that uses fixed priorities. This is the first time that NeuCo has formally communicated about this aspect of optimization’s flexibility, and the related financial benefits.
To read the article online, visit the Energy Central website at http://www.energypulse.net/centers/article/article_display.cfm?a_id=1983 or download the PDF in our Case Studies/White paper section on our website. |
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