Work

Optimal Sizing for the CCHP System Based on Software LINGO

Year: 2012
Type: article
Abstract: In this paper, a model to optimize the system capacity size of the CCHP system based on a commercial software package LINGO is introduced and an illustrative example is presented. The model calculates the optimal size for the CCHP system applied in ST building and analyzes the variation trend of the annual cost saving ratio which is affected by the annual running and maintenance cost and annual investment cost. The influence of the energy price on the system is also be analyzed. When electricity price rises, the CCHP system is more economic than the conventional energy supply system. The CCHP optimal capacity size increases when electricity price rises. When natural gas price rises, the CCHP optimal capacity size decreases and it has poor economy.
Language: English
Open Access status: hybrid
OpenAlex ID: W2153394756
FWCI: 0.205
Cites: 5
Cited by: 1
Related to: 10