CEF192 - Combined Heat & Power Project Feasibility Analysis Course

The Combined Heat and Power (Cogeneration) Project Feasibility Analysis certificate course (previously RS191TH) is based on a case-study learning approach and expands on the curriculum initially developed by the RETScreen division of Natural Resources Canada. The training material for the course includes multimedia presentations on Combined Heat and Power technologies, RETScreen (clean energy project analysis software) and RETScreen Engineering & Cases electronic textbook, as well as various other related resources. The learning is guided by one or more facilitators available to participants via VoIP or text messaging, weekly teleconferencing, discussion forums, etc.

The course covers combined heat and power for:

  • Energy utilities
  • Industrial/manufacturing
  • District energy
  • Commercial/institutional buildings
  • Residential complexes

Course content:

  • Overview of cogeneration systems
  • Components of cogeneration systems
  • Issues facing cogeneration projects
  • Environmental attributes of cogeneration systems
  • Cogeneration system and project costs
  • Cogeneration project feasibility tools, methods, and elements
  • Guided exercises on performing RETScreen cogeneration project analysis
  • Assignment on planning and conducting a cogeneration project feasibility analysis based on a case study
  • Real-world feasibility analysis projects

What you will learn:

By the end of the course, successful participants will have acquired the essential skills and knowledge to perform a feasibility analysis that will enable stakeholders to decided whether or not to proceed with a potential renewable energy project. Specifically, successful participants will have learned:

  • The technologies of cogeneration systems, the various types of cogeneration projects, the equipment and processes involved, in what context they are most interesting and appropriate
  • How to identify economically viable potential cogeneration projects
  • How to perform full-scale project feasibility analysis for cogeneration projects
  • How to use RETScreen to evaluate the quantitative technical and economic factors of cogeneration projects
  • The complete method to calculate the payback, return on investment, and other financial ratios for cogeneration projects
  • Essential business, technical, and project management skills