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Methodology for Market Analysis of CHP Systems

[+] Author Affiliations
Stella Maris Oggianu, Razvan Florea, J. Ricardo Muñoz, Guido Poncia, Thierry Carriere, Dong Luo

United Technologies Research Center, East Hartford, CT

Paper No. DETC2005-85097, pp. 647-653; 7 pages
doi:10.1115/DETC2005-85097
From:
  • ASME 2005 International Design Engineering Technical Conferences and Computers and Information in Engineering Conference
  • Volume 2: 31st Design Automation Conference, Parts A and B
  • Long Beach, California, USA, September 24–28, 2005
  • Conference Sponsors: Design Engineering Division and Computers and Information in Engineering Division
  • ISBN: 0-7918-4739-X | eISBN: 0-7918-3766-1
  • Copyright © 2005 by ASME

abstract

The methodology presented in this paper is implemented through a tool that integrates the functionality needed to perform accurate CHP market analysis. This tool includes the selection of target market segments and representative buildings, hourly building loads and characteristics, alternative CHP configurations, control rules and equipment management strategies, as well as detailed utility rates, components-based economics and reliability data. Results obtained by using the full capability of this tool are compared with less rigorous screening methods that use average building loads, constant equipment characteristics, and average utility rates. The comparison of results demonstrates that the utilization of the latter methods allows faster market screenings, but generates results that may lead to loss of capital investment, equipment operation and designs that are far from optimal, and erroneous energy policies.

Copyright © 2005 by ASME

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