Introduction on Cost Allocation to Cogeneration Products
Cogeneration of electricity and heat is a highly fuel-efficient process and is broadly applied for process steam supply in industries and heat supply in district heating systems. The cogeneration of the two different products in the same process requires appropriate models for allocation of costs and other expenses, such as fuel consumption, emissions, etc., to the cogenerated products. Methods applied are:
The residual value method
The electrical equivalent method
The exergy method
The calorific method
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