This thesis performs a preliminary feasibility study on the implementation of Combined Heat and Power (CHP) in Korea.
The feasibility analysis of CHP is to determine whether and when initial additional investment over conventional system will be payed back by fuel saving arising from CHP operation.
Thus, estimation of fuel saving is an important step in overall process, and motivates for thorough investigation of fuel saving mechanism of CHP operation. The fuel saving analysis is based on the hourly load analysis, that is, energy consumtion and production at each hour is calculated from the estimated energy load on typical days and the calculation procedure is computerized.
Finally, a case study on the district heating of Yoeui-do and Banpo apartment complexes of Seoul is performed to illustrate the economic feasibility approach taken in this study and to compare the results with those of other similar studies.
