A Comparative Cost Assessment of Energy Production from Central Heating Plant or Combined Heat and Power Plant. (December 2016)

• Record Type: Journal Article
• Authors: Nian, Victor; Sun, Qie; Ma, Zhanyu; Li, Hailong
• Is Part Of: Energy procedia. Volume 104(2016)
• Page Start: 556
• Page End: 561
• Publication Date: 2016-12
• Subjects: LCOE -- CHP -- levelized cost -- natural gas -- coal -- fuel cost; Power resources -- Congresses; Power resources -- Periodicals; Power resources; Conference proceedings; Periodicals; 333.7905
• DOI: 10.1016/j.egypro.2016.12.094
• Languages: English
• ISSNs: 1876-6102

Abstract

Abstract: The levelized cost of electricity (LCOE) is a common approach in evaluating the economic competitiveness of a power generation technology. The same approach can be applied for evaluating the levelized cost of heat (LCOH) production. There are a number of approaches in calculating the LCOE and or LCOH from a combined heat and power (CHP) plant. In this study, we explore three alternative methods in calculating the LCOE and LCOH of a CHP and compare the results with that those of a heating only plant. The results can be used as indicators for identifying a suitable pricing mechanisms for the heating market.