Could combined heat and power technology be profitable for small-scale farm energy plants?
Last changed: 05 November 2021
This project aims to investigate the potential for profitable small-scale heat and power production. It is based on three case studies that are considering choice of technology and fuel, as well as the effects of variations in the cost of heat and electricity.
The agricultural sector, especially in the form of farm-based energy companies, is playing a significant role in the supply and distribution of heat at small and medium scale. The size of farm energy plants varies from about 100 kW to a few MW heat. With rising prices for electricity the profitability has improved dramatically for these plants as well as for small-scale combined heat and power production plants, leading to increasing interest in investment in such plants.