This paper presents the results of an investigation on the feasibility
of the application of packaged CHP systems to the commercial and indu
strial sectors of the Cyprus economy. A number of case studies have be
en considered covering a wide range of applications and energy demand
patterns. The results indicate that the application of CHP systems wil
l provide very attractive payback periods of the order of 2-3 years. W
ith current energy pricing policies the wide application of CHP techno
logy offers the potential of significant energy savings and a reductio
n in the load demand on the national grid.