Abstract
A well-designed and maintained combined heat and power (CHP) plant can deliver significant economic and environmental benefits by reducing energy bills and CO2 emission. Recently, CHP is receiving increasing considerations for investment by national and international governments, as well as power grid companies to maximise the benefits from CHP. The variable demand of heat and power loads from the CHP plant and utility grid changing tariffs during the peak and off peak hours introduce more complexities to the control and the performance optimisation of CHP operation. In this paper, potential key performance indicators of CHP-based micro energy grid and the optimum utilisation of a specific grid with distributed energy sources are discussed. Optimisation algorithm is introduced to maximise the overall performance of CHP implementations.
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