Investment Strategy in Heating and CHP

Investment Strategy in Heating and CHP

Mathematical Models

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This book provides a methodology for developing an optimum investment strategy in the heating and combined heat and power (CHP) industry. It demonstrates how to apply mathematical models to the analysis of heat and electricity source operation from technical and economic perspectives. It also allows readers to ascertain the economic effectiveness of modernizing an existing CHP plant. The mathematical models presented are designed to recognize identity profits in continuous time so that they can be better predicted.The authors examine the operational costs of a CHP plant and the impact of facto...