Summary
A small CHP unit on natural gas was installed in the summer of 2003 in Hotel Bankya Palace, town of Bankya, Sofia region. The unit has 150 kW electrical capacity and 226 kW thermal capacity. The aim of hotel management is to improve the energy situation of the hotel and therefore to reduce energy bills providing in the meantime higher quality service - room comfort and all-year-round usable swimming pool.
Results
The calculated payback of the CHP installation in Bankya Palace is 3,5 - 4 years under the agreed leasing conditions and current prices of natural gas.
At the projected life-time of 20 years, it is evident that this type of investment is very profitable provided that the hotel keeps a relatively stable rate of occupancy, which will allow for 100 % of CHP capacity utilization and over 6000 running hours/year. The hotel management is rather confident that in the form of conference tourism and spa services, using the available mineral water in the area, they will be able to utilize to the maximum of the hotel capacities and therefore achieve and even exceed the projected CHP economic results.
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