Combined Heat & Power

The growing desire for cost reduction, energy efficiency, and environmental benefits has driven a renewed interest in combined heat and power (CHP, also known as cogeneration). Gabel Associates has a long history of supporting CHP projects and providing analytics around this multi-benefit application.

Gabel Associates has helped its clients realize their CHP goals by supporting them through all phases of project development and operation. We have supported close to 4,000 megawatts (MW) of CHP. Our deep expertise in wholesale and retail electricity and natural gas markets adds special value to our efforts.

Steven Gabel, president of Gabel Associates, formulated policies leading to the development of over 1,200 MW of cogeneration capacity in New Jersey in the 1980s as Director of the Electric Division at the New Jersey Board of Public Utilities. Since then, the firm has applied its expertise in energy economics, tariffs, and forecasting to assist dozens of clients through the CHP development process.

Our activities include:

  • Market valuation
  • Feasibility analysis
  • Fuel price, electric and renewable energy certificate market forecasts
  • Natural gas contracting
  • Tariff analysis
  • Standby service evaluations
  • Carbon and emission trading analysis
  • Sensitivity analysis
  • Regional transmission organization analysis
  • Interconnection issues
  • Wholesale and retail evaluations
  • Energy contract procurement and negotiations
  • Other strategic issues

Gabel Associates has been involved in myriad thermal contract issues including the restructuring of ten of New Jersey’s largest cogeneration contracts with thermal hosts and utilities.

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The firm also assists clients in evaluating and implementing a viable finance plan for each project. We are skilled at evaluating various financing options to determine the arrangement that maximizes benefit for each client.

Our CHP development clients have included:

  • State of New Jersey
  • Department of Veterans Affairs
  • Rutgers University
  • Montclair State University
  • PureEnergy
  • Calpine
  • Trigen Energy
  • Schweitzer-Mauduit International
  • Cogen Technologies
  • Linden Cogen
  • Parlin Cogen
  • Milford Cogen
  • Newark Bay
  • Camden Cogen
  • Sayreville Cogen
  • Marcal Paper Company

Gabel Associates has also actively assisted in the development of CHP policy, and has worked with the New Jersey Office of Clean Energy to promote greater activity in the CHP development market. The firm has provided market research, helped clients realize grant awards and other government incentives, and reviewed and developed utility standby tariffs.

Contact Us

Please feel free to contact us with your energy, environmental, and public utility consulting needs.
CONTACT
Gabel Associates
417 Denison Street
Highland Park, NJ 08904
732.296.0770
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