IDEAS home Printed from https://ideas.repec.org/a/sae/enejou/v4y1983i1p1-22.html
   My bibliography  Save this article

The Simple Economics of Industrial Cogeneration

Author

Listed:
  • Paul L. Joskow
  • Donald R. Jones

Abstract

Rising energy prices and dependence on insecure supplies of foreign petroleum have led energy consumers and energy policymakers to seek methods to use energy more efficiently. Industrial cogeneration has frequently been seen as such a method. By generating electricity in conjunction with the production of steam for industrial processes, less energy is used than when process steam and electricity are produced separately. Most recent U.S. energy policy studies have spoken favorably about the potential for cogeneration.' Some specific studies have indicated opportunities to replace central station electric power generation with industrial cogeneration capacity, and, in the process, to reduce domestic energy consumption substantially.

Suggested Citation

  • Paul L. Joskow & Donald R. Jones, 1983. "The Simple Economics of Industrial Cogeneration," The Energy Journal, , vol. 4(1), pages 1-22, January.
    • Handle: RePEc:sae:enejou:v:4:y:1983:i:1:p:1-22
    DOI: 10.5547/ISSN0195-6574-EJ-Vol4-No1-1
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.5547/ISSN0195-6574-EJ-Vol4-No1-1
    Download Restriction: no
    File URL: https://libkey.io/10.5547/ISSN0195-6574-EJ-Vol4-No1-1?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Westner, Günther & Madlener, Reinhard, 2011. "Development of cogeneration in Germany: A mean-variance portfolio analysis of individual technology’s prospects in view of the new regulatory framework," Energy, Elsevier, vol. 36(8), pages 5301-5313.
    2. Dismukes, David E. & Kleit, Andrew N., 1999. "Cogeneration and electric power industry restructuring," Resource and Energy Economics, Elsevier, vol. 21(2), pages 153-166, May.
    3. Mark E Doms, 1993. "Inter Fuel Substitution And Energy Technology Heterogeneity In U.S. Manufacturing," Working Papers 93-5, Center for Economic Studies, U.S. Census Bureau.
    4. Nic Rivers & Mark Jaccard, 2005. "Combining Top-Down and Bottom-Up Approaches To Energy-Economy Modeling Using Discrete Choice Methods," The Energy Journal, , vol. 26(1), pages 83-106, January.
    5. Wickart, Marcel & Madlener, Reinhard, 2007. "Optimal technology choice and investment timing: A stochastic model of industrial cogeneration vs. heat-only production," Energy Economics, Elsevier, vol. 29(4), pages 934-952, July.
    6. Oh, Saesin & Kim, Sang-Kee, 2022. "Impact of heat price regulation on the optimal district heating production mix and its policy implications," Energy, Elsevier, vol. 239(PD).
    7. Arshad, Muhammad & Ahmed, Sibtain, 2016. "Cogeneration through bagasse: A renewable strategy to meet the future energy needs," Renewable and Sustainable Energy Reviews, Elsevier, vol. 54(C), pages 732-737.
    8. Shaaban, M. & Azit, A.H. & Nor, K.M., 2011. "Grid integration policies of gas-fired cogeneration in Peninsular Malaysia: Fallacies and counterexamples," Energy Policy, Elsevier, vol. 39(9), pages 5063-5075, September.
    9. Ghosh, Ranjan & Kathuria, Vinish, 2014. "The transaction costs driving captive power generation: Evidence from India," Energy Policy, Elsevier, vol. 75(C), pages 179-188.
    10. Soares, J. B. & Szklo, A. S. & Tolmasquim, M. T., 2001. "Incentive policies for natural gas-fired cogeneration in Brazil's industrial sector -- case studies: chemical plant and pulp mill," Energy Policy, Elsevier, vol. 29(3), pages 205-215, February.
    11. Salem Szklo, Alexandre & Borghetti Soares, Jeferson & Tiomno Tolmasquim, Maurício, 2000. "Economic potential of natural gas-fired cogeneration in Brazil: two case studies," Applied Energy, Elsevier, vol. 67(3), pages 245-263, November.
    12. Zarnikau, Jay & Reilley, Bob, 1996. "The evolution of the cogeneration market in Texas," Energy Policy, Elsevier, vol. 24(1), pages 67-79, January.

    More about this item

    Keywords

    Industrial cogeneration; Electricity generation; Energy conservation;
    All these keywords.

    JEL classification:

    • F0 - International Economics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:enejou:v:4:y:1983:i:1:p:1-22. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.