Abstract
AbstractCombined cooling, heating, and power (CCHP) systems are promising solutions for conserving energy and reducing emissions. This article proposes a new mixed‐integer linear programming (MILP) model for simultaneous design and operation optimization of a renewable CCHP system, considering component nonlinear operating characteristics and performance degradation with time. A bi‐objective MILP problem is solved to achieve a trade‐off between total annual cost (TAC) and greenhouse gas emissions (GHGe). A case study of a commercial region is employed to demonstrate our proposed methodology. The results shows, in comparison with conventional cost minimization, our solution features a tardy increase of 12.8% in TAC and a sharp reduction of 75.5% in GHGe. Moreover, we find that ignoring performance degradation leads to an over‐estimation of 2.3–13.7% in system economic performance. The proposed methodology provides an effective and flexible framework for optimal design and operational analysis of renewable CCHP systems.
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