Contribution to the Models of Performance of Cogeneration Systems Integration

Cogeneration systems integration in the smart-grid is in a continuous development and its effects have been studied in many works. This work presents a technical contribution to the objective functions used for modeling and optimization of such integrated systems. Many new factors are highlighted with their calculation impact. New objective functions are also introduced, which take into account various additional factors. These functions correspond to the profit, the production cost, the total investment cost and the pollution of the cogeneration systems integration. The new functions are then compared to the old functions to show the impact of the added factors. The added factors are essential for decision-making related to integrating cogeneration systems into a smart-grid. (C) 2015 The Authors. Published by Elsevier Ltd. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).