ABSTRACT
This chapter provides a comparison benchmark of electricity production costs for Kazakhstan and some other countries that utilise combined heat and power (CHP) production methods. It presents a brief comparison analysis of various cost accounting routines used internationally for the tariff calculation within the CHP production and energy supply cycle. The chapter describes the comparison analysis of the three methodologies and discusses their applicability to various geographical and economic markets. The methodologies include exergy-based cost calculation methodology, ORGRES cost-allocation methodology and alternative thermal power station (ATPS) cost-allocation methodology. It is important to note that the total utilised fuel cost remains the same regardless of the approach used for the calculation; however, the costs can be broken down in terms of their allocation on the final product. This chapter also provides a benchmark analysis of this cost-allocation spectrum efficiency.
