Opportunities of bioenergy-based CHP production in balancing renewable power production

This paper considers opportunities of bioenergy-based combined heat and power (CHP) to balance fluctuation in solar and wind power. The paper studies participation of CHP production in an electrical power reserve, which provides opportunities to integrate more renewable energy production into the electrical system and also makes it possible to raise the profit of the CHP operator. Moreover, the paper discusses certain aspects of integrating heat pumps (HPs) with a CHP plant and participation of their combination CHP in electricity reserve power markets.