A Comparative Study of the Economic Feasibility of Employing CHP Systems in Different Industrial Manufacturing Applications

摘要: Extensive research work including multiple methodologies and numerous simulations have been completed in order to determine the economic effectiveness of employing CHP at commercial residential sites. In contrast above, very few attempts made develop study feasibility systems industrial manufacturing facilities. As a result, practical opportunities for sites are often not realized or even investigated. It follows that there is need related literature an analysis explicit yet general enough viability potential success Therefore, purpose this paper clearly outline methodology installation operation system facilities space process heating form steam. The effect on performance several parameters, such as project payback, internal rate return, net present value, etc., considered proposed methodology. applicability generality illustrated by examples four different effects variability factors annual facility operational hours during which both heat electricity needed, average hourly thermal load, cost utility supplied electricity, fuel type associated cost, outcome also examined.