Feasibility of small-scale gas engine-based residential cogeneration in Spain

A. Campos Celador, A. Erkoreka, K. Martin Escudero and J.M. Sala

Energy Policy, 2011, vol. 39, issue 6, 3813-3821

Abstract: Nowadays all countries are developing their own policies to promote cogeneration in the small-scale residential sector. In this paper the feasibility of small-scale gas engine-based residential cogeneration plants under the current Spanish regulation is studied. A unitary thermal load profile is obtained to characterised the thermal demand of residential applications in Spain. This unitary profile is used to analyse the potential of cogeneration in the small-scale range of powers (100-1000Â kW). A complete characterisation of the gas fuelled engines in the market is performed and subsequently used to evaluate the economic feasibility within the selected range by means of a self-tailored simulation model. It is underlined how the thermal storage is a crucial element that should be suitably included in a residential cogeneration plant and the distortions that the actual pricing system adds to the profitability of residential plants of different sizes. Finally a sensibility study is carried out in order to evaluate how the Spanish regulation is able to deal with future variations in the energy prices. It is shown that a rise in the price of the natural gas increases the current feasibility of a plant while a decrease descends the profitability.

Keywords: Cogeneration; Spanish; regulation; Feasibility; study (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:39:y:2011:i:6:p:3813-3821

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