3
CCHP Evaluation Criteria
Abstract
In this chapter the main evaluation criteria which are recommended to be used in the decision-making and designing steps are introduced and formulated. The criteria are classified into four main groups of technological, economical, environmental, and miscellaneous. Every criterion is also divided into several sub-criteria. For example the technological sub-criteria includes fuel saving, exergy efficiency, overall efficiency, operation in partial load, maturity of the technology, recoverable heat quality, user-friendliness of control and regulation, etc. The economical sub-criteria includes initial capital cost, operation and maintenance cost, net present value, payback period, internal rate of return, ...
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