A closed-form expression for the optimal capacity of CHP

Arie ten Cate ()

CPB Memorandum from CPB Netherlands Bureau for Economic Policy Analysis

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.

JEL-codes: Q4 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ene
Date: 2009-03
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Persistent link: http://EconPapers.repec.org/RePEc:cpb:memodm:220

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