Abstract
The objective of this research is to establish a multiobjective fractional programming (MOFP) model for supporting the operational management of a combined heat and power (CHP) system. Compared with the traditional operational optimization model of the CHP system, the importance of the energy intensity (i.e., the ratio of energy consumption and energy production) was emphasized in the MOFP model, which is considered as the system objective for replacing the common objective of minimizing the economic cost. This innovative transformation effectively reduces excessive energy consumption, accompanied by improvement in the system revenue. The CHP system of an industrial park in the City of Jinan, China, was used as a study case for demonstration. The obtained results reflected that the combination of two gas turbines (GTs) ensured safe, efficient, and stable output for meeting daily power requirements in various seasons. As for the steam load, during the summer, two heat recovery steam generators (HRSGs) play a major role, where the insufficient part is supplemented by two gas-fired boilers (SBs); conversely, the steam load in winter is mainly satisfied by the aid of two SBs. The successful application of the MOFP model in the park could provide a good demonstration for CHP management in many other districts and cities.