Michael A. Devine, Caterpillar Inc., Mossville, IL
Articles
Switchgear
June 1, 2005
Profits from power? Onsite generation pays big dividends
Ten years ago, when electricity supplies were abundant and prices stable, industrial plants had little reason to generate their own power. Today, the picture has changed. Energy prices have become more volatile — especially during peak usage. In some regions, supplies are subject to seasonal price swings and fluctuations in power quality.
By Michael A. Devine, Caterpillar Inc., Mossville, IL