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Stochastic Placement and Sizing of Combined Heat and Power Systems Considering Cost/Benefit Analysis
2013
Research Journal of Applied Sciences Engineering and Technology
This study presents a cost/worth analysis approach for optimal Placement and sizing of Combined Heat and Power (CHP) systems. Particle Swarm Optimization (PSO) as a powerful optimization technique is employed for optimization. Different benefits brought up by CHP systems are taken into account as a multi-objective decision making. Economical factors such as power and heat selling, reliability improvement, loss reduction, deferred upgrading investment and CHP costs are considered in this study.
doi:10.19026/rjaset.5.4980
fatcat:x2npcoh4rffgtirg6uel4e5bsy