Imperial College London


Faculty of EngineeringDepartment of Chemical Engineering

Reader in Energy Systems



+44 (0)20 7594 9300a.hawkes




Ms Quasirat Hasnat +44 (0)20 7594 7250




C502Roderic Hill BuildingSouth Kensington Campus






BibTex format

author = {Hawkes, AD},
doi = {10.1533/9780857092755.1.17},
pages = {17--41},
title = {Techno-economic assessment of small and micro combined heat and power (CHP) systems},
url = {},
year = {2011}

RIS format (EndNote, RefMan)

AB - This chapter introduces the economics of small-scale CHP systems. Beginning with a review of how decentralised energy resources can achieve economic value, it then discusses the sometimes ill-defined concept of techno-economics, and the variety of modelling techniques that underpin it. An optimisation method that pinpoints the key characteristics of commercially successful CHP is presented and applied to the case of micro-CHP in the UK, demonstrating that the heat-to-power ratio prime mover is the key driver of economic and environmental performance. Finally, the emerging tension between CHP and heat pumps is discussed in relation to future stringent emissions reduction targets. © 2011 Woodhead Publishing Limited All rights reserved.
AU - Hawkes,AD
DO - 10.1533/9780857092755.1.17
EP - 41
PY - 2011///
SP - 17
TI - Techno-economic assessment of small and micro combined heat and power (CHP) systems
UR -
ER -