• DocumentCode
    2286073
  • Title

    A software tool for the optimal planning and the economic evaluation of residential cogeneration districts

  • Author

    Vespucci, Maria Teresa ; Zigrino, Stefano ; Bazzocchi, Francesca ; Gelmini, Alberto

  • Author_Institution
    Dept. of Inf. Technol. & Math. Methods, Univ. of Bergamo, Dalmine, Italy
  • fYear
    2011
  • fDate
    25-27 May 2011
  • Firstpage
    376
  • Lastpage
    381
  • Abstract
    We present a decision support procedure for the configuration of distributed generation systems in residential districts, where various types of energy demands (electrical load, high and medium temperature thermal load, cooling load) have to be served. In the configuration process alternative solutions have to be compared, both from a technical and an economical point of view, taking into account the energy consumption profiles that vary along the day and along the year, due to the weather conditions. The decision support procedure consists of two steps. In the first step, by solving a mixed integer linear programming model, the annual optimal dispatch of the distributed generation system is determined with a hourly discretization, taking into account technical constraints, load profiles and fuel costs. The optimal dispatch is then used for the economic evaluation of the investment, taking into account prices of commodities, taxation and financial aspects (debt/equity). The decision support procedure allows to compare different alternative plant configurations; it can also be used as a simulation tool, for assessing the system sensitivity to variations of parameter values.
  • Keywords
    cogeneration; decision support systems; distributed power generation; integer programming; investment; linear programming; power engineering computing; power generation dispatch; power generation economics; power generation planning; taxation; decision support procedure; distributed generation systems; economic evaluation; financial aspects; investment; mixed integer linear programming; optimal dispatch; optimal planning; residential cogeneration districts; software tool; taxation; Biofuels; Boilers; Cogeneration; Electricity; Investments;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Energy Market (EEM), 2011 8th International Conference on the European
  • Conference_Location
    Zagreb
  • Print_ISBN
    978-1-61284-285-1
  • Electronic_ISBN
    978-1-61284-284-4
  • Type

    conf

  • DOI
    10.1109/EEM.2011.5953040
  • Filename
    5953040