Lecture

Cogeneration Benefits: Marginal Efficiencies and Substitution

Description

This lecture discusses the benefits of cogeneration compared to separate generation, focusing on the substitution of heat and electricity. The instructor explains the concept of marginal efficiencies in electricity and heat production, emphasizing the cost-effectiveness of cogeneration. Additionally, the lecture covers the advantages of substituting electricity and heat, considering factors such as power plant efficiency, fuel usage, and losses in the transmission process.

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