Modelling of Cogeneration Units

Abstract

This paper deals with the modeling of cogeneration units. This model is programmed in Microsoft Excel. The input parameters are different, according to the required calculation requirements. The program can design a cogeneration unit for the specified mode of operation. It can also count on the economic side of the cogeneration unit's operation, which may include revenue in individual years, operating costs, green bonuses, cash flow, return on investment and other economic requirements.