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ECONOMIC EFFICIENCY AND SELECTED RISK ASPECTS OF PROJECTS RELATED TO THE CONSTRUCTION OF COGENERATION

Abstract

Cogeneration systems using natural gas are an attractive economic source of heat and electricity generation. Analysis of the economic efficiency of investments in cogeneration systems is a complex task, it should be made taking into account the specificity business entity. The cogeneration system construction project is an investment exposed to specific risk factors. An indispensable tool in assessing the economic efficiency of this type of project is therefore risk analysis, which gives a more complete picture of the economic effectiveness of the investment under study. The article presents the basic issues related to the economic efficiency of projects related to the construction of cogeneration and the risk aspects to be considered in order to properly prepare such investments.

Keywords:

cogeneration, project, economic efficiency, risk

Details

Issue
Vol. 3 No. 26 (2018)
Section
Research article
Published
2018-09-30
DOI:
https://doi.org/10.19253/reme.2018.03.004
Licencja:
Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

This is an Open Access journal, all articles are distributed under the terms of the Creative Commons (CC BY 4.0) License (http://creativecommons.org/licenses/by-nc-sa/4.0/). You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use. No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits. 

Authors

  • Aleksandra Otawa

    Opole University of Technology, Faculty of Production Engineering and Logistics
  • Waldemar Skomudek

    Opole University of Technology, Faculty of Production Engineering and Logistics

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