Considering investment resources when assessing potential CO2 reductions of CHP - a case study

The results showed that the profitability ranking of an investment can change depending on whether investment resources are considered unlimited or limited. Moreover, an investment with positive NPV may be regarded as insufficiently profitable when investment resources are limited. This could have an important impact on profitable CO2 reduction potential. Furthermore, when CHP investments are considered, local views on CO2 emissions may be counterproductive for global CO2 emission reductions.