A closed-form expression for the optimal capacity of CHP
Arie ten Cate ()
CPB Memorandum from CPB Netherlands Bureau for Economic Policy Analysis
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.
JEL-codes: Q4 (search for similar items in EconPapers)
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Persistent link: http://EconPapers.repec.org/RePEc:cpb:memodm:220
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