This study explores the underlying factors in the decision by private, private non-profit, and public sector facility owners to invest in cogeneration technology. It employs alpha factor analysis techniques to develop factors with maximum generalizability to the universe of variables which...

Spot pricing covers a range of electric utility pricing structures which relate the marginal costs of electric generation to the prices seen by utility customers. At the shortest time frames prices change every five minutes--the same time frame as used in utility dispatch--longer time frames...