This paper presents the results of a research made by University of Perugia in collaboration with Energia Spa (now Sorgenia Spa). Various analysis have been carried out to determine the techno-economic feasibility of industrial CHP plants. Due to the particular field of application, the installation of a gas turbine has been considered and compared to the traditional internal combustion engine (ICE), both being characterized by an electrical power lower than 2 MW. The feasibility study has been made in two different way: an analytical study and a simplified approach elaborated to have a first approach formula for the installation of CHP Plant. The results confirmed that IC is more convenient, giving lower payback period for the investment for this typology of installation. We present also the sensitivity analysis to determine the minimum value over that the installation of gas turbine can become convenient.

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