Open AccessRisk analysis in terms of implementation of large scale cogeneration power plant
Author(s) -
Angel Terziev,
Hristo Beloev,
Iliya Iliev
Publication year - 2021
Publication title -
iop conference series. materials science and engineering
Language(s) - English
Resource type - Journals
eISSN - 1757-899X
pISSN - 1757-8981
DOI - 10.1088/1757-899x/1031/1/012081
Subject(s) - cogeneration , electricity , risk analysis (engineering) , production (economics) , process engineering , scale (ratio) , electricity generation , thermal power station , environmental economics , combustion , waste management , order (exchange) , thermal energy , environmental science , computer science , business , engineering , power (physics) , economics , chemistry , electrical engineering , physics , finance , quantum mechanics , macroeconomics , organic chemistry
The introduction of large-scale technology carries a number of risks. This paper presents the risks associated with the introduction of a system for combined production of electricity and thermal energy (CHP) through direct combustion of biomass. It is envisaged that the residual amount of heat energy will be converted into electricity through the use of an ORC module. All possible risks have been identified based on the technology specifics, and the possible consequences of the risk have been indicated. A risk matrix has been prepared for both site and technology specifics in order to identify the type of risk. Based on the outputs, a proposal for reducing the risk has been made.