Conventional combined heat and power (CHP) systems have typically used externally excited synchronous generators or squirrel cage induction generators to produce electrical power. However, this era of using induction generators in CHP systems is ending, as the systems cannot provide electricity during outages and the so-called “black start” feature is missing. Also, while synchronous generators…
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Upgrading to the latest technology is indeed possible. The way is to simply change your business model and go beyond vertical integration, embracing an asset-light, flexible business model based on financially sound principles to better respond to market demand. This allows you to reach a much higher strategic approach in doing business with customers over the long run because you can constantly anticipate and satisfy their demands.
Building the future on tradition
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