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|Title:||Techno-economic assessment of micro-CHP systems|
|Author(s):||Ferreira, Ana C. M.|
Martins, Luís Barreiros
Teixeira, S. F. C. F.
Nunes, Manuel L.
|Publisher:||Brazilian Association of Production Engineering (ABEPRO)|
|Citation:||1. Ferreira, A.C.M., Martins, L.B., Teixeira, S.F., Nunes, M.L.: Techno-Economic Assessment of Micro-CHP Systems. XVIII International Conference on Industrial Engineering and Operations Management (ICIEOM). pp. 1–10. , Guimarães (2012).|
|Abstract(s):||Developing efficient energy generation technologies has become essential due to scarcity and high prices of fossil fuels and environmental concerns. The purpose of the present study is to develop a conceptual model based on a cost-benefit analysis applied to a cogeneration system for a micro-scale application, considering the Portuguese framework. The economic viability assessment of a micro-CHP system is of utmost importance in the decision making process when considering a new investment. The micro-CHP systems offers some benefits that underlie their economic viability: the capacity of producing heat and power at consumption place; allows the reduction of transmission and distribution losses; maximizes the utilization of primary energy by reducing waste heat; and finally offers significant contribution to pollutant emissions reduction. The development of optimization models has proven to be a valuable tool for the design and techno-economic assessment of micro-CHP systems.|
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