THE BREAKEVEN POINT GIVEN LIMIT COST USING BIOMASS CHP PLANT
Paula Voicu and
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Paula Voicu: University Politehnica of Bucharest, Romania
Petruta Mihai: University Politehnica of Bucharest, Romania
Network Intelligence Studies, 2015, issue 5, 75-83
Biomass is a renewable source, non-fossil, from which can be obtained fuels, which can be used in power generation systems. The main difference of fossil fuels is the availability biomass in nature and that it is in continue "reproduction". The use its enable the use of materials that could be destined destruction, as a source of energy "renewable", though result with many ecological values. In this paper we will study, applying a calculation model in view optimal sizing of the cogeneration plant based on biomass, biomass cost limit for the net present value is zero. It will consider that in cogeneration systems and in heating peak systems using biomass. After applying the mathematical model for limit value of biomass cost will determine the nominal optimal coefficient of cogeneration, for which discounted net revenue value is zero. Optimal sizing of CHP plants based on using biomass will be given by optimum coefficient of cogeneration determined following the application of the proposed mathematical model.
Keywords: Biomass; Cogeneration; Net present value; Optimal coefficient of cogeneration (search for similar items in EconPapers)
JEL-codes: C50 N70 Q20 Q40 Q50 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:cmj:networ:y:2015:i:5:p:75-83
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