Payback period of investment calculation

Payback period of investment calculation

Source publication
Conference Paper
Full-text available
The combined heating and power (CHP) system and the combined cooling, heating and power (CCHP) system have attracted great attention during the last decade. However, many CHP systems don’t perform well in the actual operation. This paper presents a complete hierarchical modeling tool of the gas engine CHP/CCHP system which is built on the software...

Context in source publication

Context 1
... investigation and calculation, the incremental investment of original gas engine CHP hybrid energy system and optimized gas engine CCHP system is 4 million yuan and 27.58 million yuan respectively. Based on Eq. (6)-(7), the payback period of investment of three systems are shown in Table 5. ...