1-Hour Program

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Overview

What is old will become new again. While the idea of producing electricity/steam and delivering them to the customer on-site with less dependence on traditional utility-supplied power has been around for decades, it has in recent years seen a re-emergence. Hospitals, universities, manufacturers and other large electric users have found that producing electricity and usable steam (collectively, Combined Heat and Power) may provide them substantial economic and operational benefits. However, potential CHP users need economic, financial and legal guidance in efficiently steering these CHP projects to completion. While having elements of large-scale construction projects, CHP facilities involve much more. This session will explore CHP evaluation, development, operation, project structure, including risk management and relevant contracts.

Alan M. Seltzer and John F. Povilaitis, attorneys with Buchanan Ingersoll & Rooney PC, along with economists Frank C. Graves and Metin Celebi from the Brattle Group, Inc. will discuss:

  • What is a CHP, why do a CHP now, and how does a CHP work? - 5 minutes
  • The benefits of CHPs and who can best benefit from them and is a CHP project right for you? - 20 minutes
  • CHP success stories - 5 minutes
  • CHP evaluation process - 10 minutes
  • CHP project structures and key contracts - 10 minutes
  • Allocation of project risks in the contracts - 10 minutes

 

Program Level: Update

Intended Audience: In-house counsel, outside attorneys, compliance, risk-management, finance and other allied professionals involved in CHP project structures and key contracts

Prerequisites: None

Advanced Preparation: None

Credit Details

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