Abstract
This article clarifies existing terminology and demonstrates via practical examples that clear understanding and correct application of the marginal utility cost concept are necessary for optimal operation of in-plant cogeneration systems and for correct economic evaluation of retrofit schemes for process plants.
Ranade, S. M.; Robert, W. E. (1987). Correct Marginal Utility Costs Underwrite Plant Profitability. Energy Systems Laboratory (http://esl.eslwin.tamu.edu). Available electronically from
https : / /hdl .handle .net /1969 .1 /92488.