This paper aims to assess the emission and economic performance of a commercially available solid oxide fuel cell (SOFC) mCHP system, operating at The University of Nottingham's Creative Energy Homes. The performance assessment evaluates, over a one year period, the associated carbon (emission assessment) and operational costs (economic assessment) of the SOFC mCHP case compared to a ‘base case’ of grid electricity and a highly efficient gas boiler.
Results from the annual assessment show that the SOFC mCHP system can generate annual emission reductions of up to 56% and cost reductions of 177% compared to the base case scenario. However support mechanisms such as; electrical export, feed in tariff and export tariff, are required in order to achieve this, the results are significantly less without. A net present value (NPV) analysis shows that the base case is still more profitable over a 15 year period, even though the SOFC mCHP system generates annual revenue; this is on account of the SOFC's high capital cost. In summary, grid interaction and incubator support is essential for significant annual emission and cost reductions compared to a grid electricity and gas boiler scenario. Currently capital cost is the greatest barrier to the economic viability of the system.