IDEAS home Printed from https://ideas.repec.org/a/eee/appene/v84y2007i3p266-278.html
   My bibliography  Save this article

Economic evaluation for adoption of cogeneration system

Author

Listed:
  • Oh, Si-Doek
  • Oh, Hoo-Suk
  • Kwak, Ho-Young

Abstract

An optimal planning for gas turbine cogeneration system was applied to find whether or not the adoption of the system to an office building or hotel in Seoul, Korea is profitable. The planning problem considered in this study is to determine the optimal configuration of the system equipments and optimal operational policy of the system when the annual energy demands of electric power, heat and cooling are given a priori. The optimal configuration of the system equipments has been determined based on annual cost method with proper choice of representative energy demand patterns obtained for the building and hotel in a 1-year period. A mixed-integer linear programming and the branch and bound algorithm have been used to obtain the optimal solution. The planning method employed here may be applied to making decision on the adoption of the cogeneration plant to any specific office building or hotel.

Suggested Citation

  • Oh, Si-Doek & Oh, Hoo-Suk & Kwak, Ho-Young, 2007. "Economic evaluation for adoption of cogeneration system," Applied Energy, Elsevier, vol. 84(3), pages 266-278, March.
    • Handle: RePEc:eee:appene:v:84:y:2007:i:3:p:266-278
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0306-2619(06)00105-X
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Takahashi, Kazuki & Ishizaka, Tadashi, 1998. "Application of information theory for the analysis of cogeneration-system performance," Applied Energy, Elsevier, vol. 61(3), pages 147-162, November.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Matelli, José Alexandre & Bazzo, Edson & da Silva, Jonny Carlos, 2011. "Development of a case-based reasoning prototype for cogeneration plant design," Applied Energy, Elsevier, vol. 88(9), pages 3030-3041.
    2. Lai, Sau Man & Hui, Chi Wai, 2009. "Feasibility and flexibility for a trigeneration system," Energy, Elsevier, vol. 34(10), pages 1693-1704.
    3. Mujeebu, M.A. & Jayaraj, S. & Ashok, S. & Abdullah, M.Z. & Khalil, M., 2009. "Feasibility study of cogeneration in a plywood industry with power export to grid," Applied Energy, Elsevier, vol. 86(5), pages 657-662, May.
    4. Pruitt, Kristopher A. & Braun, Robert J. & Newman, Alexandra M., 2013. "Evaluating shortfalls in mixed-integer programming approaches for the optimal design and dispatch of distributed generation systems," Applied Energy, Elsevier, vol. 102(C), pages 386-398.
    5. Cho, Woojin & Kim, Janghyun & Lee, Kwan-Soo, 2012. "Combined heat and power unit capacity for high-heat to power ratio buildings without selling excess electricity to the grid," Energy, Elsevier, vol. 38(1), pages 354-361.
    6. Lai, Sau Man & Hui, Chi Wai, 2010. "Integration of trigeneration system and thermal storage under demand uncertainties," Applied Energy, Elsevier, vol. 87(9), pages 2868-2880, September.
    7. Carpaneto, Enrico & Chicco, Gianfranco & Mancarella, Pierluigi & Russo, Angela, 2011. "Cogeneration planning under uncertainty: Part I: Multiple time frame approach," Applied Energy, Elsevier, vol. 88(4), pages 1059-1067, April.
    8. Shnaiderman, Matan & Keren, Nir, 2014. "Cogeneration versus natural gas steam boiler: A techno-economic model," Applied Energy, Elsevier, vol. 131(C), pages 128-138.
    9. Oh, Si-Doek & Kim, Ki-Young & Oh, Shuk-Bum & Kwak, Ho-Young, 2012. "Optimal operation of a 1-kW PEMFC-based CHP system for residential applications," Applied Energy, Elsevier, vol. 95(C), pages 93-101.
    10. Pruitt, Kristopher A. & Braun, Robert J. & Newman, Alexandra M., 2013. "Establishing conditions for the economic viability of fuel cell-based, combined heat and power distributed generation systems," Applied Energy, Elsevier, vol. 111(C), pages 904-920.
    11. Carvalho, Monica & Serra, Luis M. & Lozano, Miguel A., 2011. "Geographic evaluation of trigeneration systems in the tertiary sector. Effect of climatic and electricity supply conditions," Energy, Elsevier, vol. 36(4), pages 1931-1939.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ma, Weiwu & Fang, Song & Liu, Gang & Zhou, Ruoyu, 2017. "Modeling of district load forecasting for distributed energy system," Applied Energy, Elsevier, vol. 204(C), pages 181-205.
    2. Oh, Si-Doek & Lee, Ho-Jun & Jung, Jung-Yeul & Kwak, Ho-Young, 2007. "Optimal planning and economic evaluation of cogeneration system," Energy, Elsevier, vol. 32(5), pages 760-771.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:appene:v:84:y:2007:i:3:p:266-278. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/405891/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.