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http://dx.doi.org/10.5370/KIEE.2011.60.5.905

A Study on Calculation of Combined Heat and Power on Standpoint of Nation and Independent Power Producers  

Kim, Yong-Ha (인천대 공대 전기공학과)
Lee, Pyong-Ho (인천대 공대 전기공학과)
Kim, Young-Gil (인천대 공대 전기공학과)
Jo, Hyun-Mi (인천대 공대 전기공학과)
Woo, Sung-Min (인천대 공대 전기공학과)
Publication Information
The Transactions of The Korean Institute of Electrical Engineers / v.60, no.5, 2011 , pp. 905-912 More about this Journal
Abstract
In this paper, the method on calculating benefits of combined heat and power is introduced for standard evaluation in electrical power system. This paper calculates benefits about new national viewpoint and viewpoint of independent power producers and assesses benefits of combined heat and power in Korea and In Seoul national capital area. Benefit costs are composed of avoid cost of centralized generation, line upgrading adjustment, loss adjustment and electrical power trade cost per year in earlier study, in addition trade cost of $CO_2$, construction cost of combined heat and power for accurate calculation. Benefit of combined heat and power is calculated by simulation results of real electrical power system.
Keywords
Avoid Cost(AC); Combined Heat and Power(CHP); Cogeneration; Benefits; Independent Power Producer(IPPs);
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