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The Effect of Policy on the Economic Feasibility of Combined Heat and Power in Washington State
My project evaluates multiple energy policy scenarios for combined heat and power at the King County Brightwater Wastewater Treatment Facility. I determined the effect of an increase in the size of renewable energy systems allowed to connect to the grid and receive payment for the energy they produce, the cost impact associated with a credit to energy producers who improve their efficiency, and the impact of an increase in the market price of electricity as the result of a policy change (e.g. carbon tax). The results may be generalizable to illustrate the necessity of strong energy policy in Washington State.