As the desire for cost reduction, improved energy efficiency and environmental benefits has renewed interest in cogeneration, Gabel Associates has helped its clients realize their cogeneration goals by supporting them through all phases of project development and operation.
Our deep expertise in wholesale and retail electricity and natural gas markets adds special value to our efforts.
Our professionals have an extensive history of cogeneration activity in the region. Steven Gabel formulated policies leading to the development of over 1,200 MW of cogeneration capacity in the 1980s as Director of the Electric Division at the New Jersey Board of Public Utilities. Since then Gabel Associates has assisted dozens of clients through all stages of the project development process to commercial operation -- from initial feasibility studies and economic and financial analysis through implementation and project completion, to electric and thermal sales, facility optimization and contract restructuring.
Our cogeneration development clients have included the State of New Jersey, PureEnergy, Revel Entertainment, PGE Generation, Trigen Energy, Schweitzer-Mauduit International, Cogen Technologies, Linden Cogen, Parlin Cogen, Milford Cogen, Lakewood Cogen, and the Wayne Township Board of Education. Our role has included market valuation, feasibility analysis, fuel price, electric and renewable energy certificate market forecasts, tariff analysis, standby service evaluations, carbon and emission trading issues, project sensitivity analysis, interconnect issues, regional transmission organization wholesale evaluations, energy contract negotiations and other strategic issues.
Gabel Associates has been active in assisting in the development of cogeneration policy, working with the New Jersey Office of Clean Energy to promote greater activity in the cogeneration development market through market research, grants and other government incentives.