The CHP Space: A Basic Model
DOI:
https://doi.org/10.13052/dgaej2156-3306.2745Keywords:
CHP Space, Cogeneration, Combined-Heat and Power, De- sign, Economic Design, Graphical ModelAbstract
The second part of this article shows the development of an eco-
nomic design model for grid-interconnected cogeneration systems. The
design model advocates a graph- and math-based methodology. Such
a methodology is the foundation upon which future, more complex
engineering-economic models of cogeneration systems will be built. The
underlying work focuses on deriving a set of linear equations to repre-
sent the technical and economic performance of a basic combined heat
and power (CHP) system. The vector space spanned by such equations
is called the base CHP space. The CHP space is instrumental to build-
ing comprehensive design-optimization models with which cogeneration
systems take into consideration (a) equipment performance characteris-
tics, (b) regulatory requirements, (c) CHP demand or loads, (d) financial
constraints, (e) operational and reliability goals, and (f) environmental
requirements.
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