Business Services Industry
ELECTRIFIED TALK ON POWER OPTION: RULING ON TOWER SHOULDN'T.
Crain's Chicago Business, July, 1999 by FITZGERALD, KATE
The Sears Tower won't get the on-site co-generation power facility its owners wanted, but electricity co-generation remains a hot topic for many other Illinois building owners. For certain kinds of businesses, such as hospitals, food processors and other industrial companies, creating their own power through co-generation still may be one of the most attractive sources of economical electricity in the near future, experts say.
Co-generation -- a process that uses gas-fired engines to create electricity, along with heat and steam that can be harnessed for other operations -- allows users to sidestep utilities such as Chicago-based Unicom Corp.'s Commonwealth Edison Co. It also provides a way around paying the ``competitive transition...
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