F. Wilkendorf et al., A GENERAL FORMULATION FOR THE SYNTHESIS OF COMBINED HEAT AND POWER-SYSTEMS WITH MINIMUM ANNUAL COST, Computers & chemical engineering, 21, 1997, pp. 481-486
A new methodology for the synthesis of combined heat and power systems
has been developed which considers minimizing the annual capital and
operating cost. The formulation of the objective function is independe
nt on the number and properties of utilities, equipment units and ener
gy types. Therefore a flexible superstructure has been developed that
does not restrict the general problem. The algorithm is applicable to
both discontinuous and continuous production processes.