"Products with a lower electrical efficiency have a higher marginal cost of generation. This means that almost all other mCHP products must be designed to run as heating devices with electricity as a by-product. In Europe, mCHP products are required to match the heating demands of the site; that is, if all of the heat cannot be used the product must be turned off. mCHP products with a low electrical efficiency will produce more heat than the average home needs, and will not be able to operate for many months during the year.
For example, PB Power's modelling for the UK Government Department of Energy and Climate Change (DECC) forecasts that a Stirling engine mCHP will run for between 1,500 and 4,300 hours per year depending on the heat demand of the property.[6] The Ofgem average UK heat demand is 16,500kWh per year which would typically translate into 2,000-2,500 hours run time for a Stirling engine mCHP. On the other hand, BlueGen, with a low heat output, can operate all year round - typically for 8,700 hours per year. By delivering electricity all year round with a low marginal cost- and providing heat as an added benefit - the Company's products maximise value for customers, as shown in the examples below:"
CFU Price at posting:
7.5¢ Sentiment: Buy Disclosure: Held
