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The
environmental advantages of CHP have been well recognised over the
last few years. Nevertheless, financial considerations still play a
deciding role in when deciding which type of power plant to build.
The profitability of different alternatives, however, must be
assessed for the whole life cycle of the power plant.
CHP
usually requires a larger investment than alternative conventional
energy generation technologies, but it consumes smaller amounts of
primary energy resources. As a result, CHP plants are cheaper
to operate than condensing power plants.
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