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A closed-form expression for the optimal capacity of CHP

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  • Arie ten Cate

Abstract

In this memorandum the optimal capacity of Combined Heat and Power (CHP) is derived, using a simple model with an analytical solution. The solution is expressed as the fraction of the time during which the heat demand exceeds the optimal CHP heat production capacity.

Suggested Citation

  • Arie ten Cate, 2009. "A closed-form expression for the optimal capacity of CHP," CPB Memorandum 220, CPB Netherlands Bureau for Economic Policy Analysis.
    • Handle: RePEc:cpb:memodm:220
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    File URL: https://www.cpb.nl/sites/default/files/publicaties/download/memo220_0.pdf
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    References listed on IDEAS

    as
    1. Arie ten Cate & Mark Lijesen, 2004. "The Elmar model: output and capacity in imperfectly competitive electricity markets," CPB Memorandum 94, CPB Netherlands Bureau for Economic Policy Analysis.
    2. Dobbs, Ian M., 1982. "Combined heat and power economics," Energy Economics, Elsevier, vol. 4(4), pages 276-285, October.
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    More about this item

    JEL classification:

    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy

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