In this study, both energetic and exergetic performances of a combined heat and power (CHP) system for vehicular applications are evaluated. This system proposes ammonia-fed solid oxide fuel cells based on proton conducting electrolyte (SOFC-H(+)) with a heat recovery option. Fuel consumption of combined fuel cell and energy storage system is investigated for several cases. The performance of the portable SOFC system is studied in a wide range of the cell's average current densities and fuel utilization ratios. Considering a heat recovery option, the system exergy efficiency is calculated to be 60-90% as a function of current density, whereas energy efficiency varies between 60 and 40%, respectively. The largest exergy destructions take place in the SOFC stack, micro-turbine, and first heat exchanger. The entropy generation rate in the CHP system shows a 25% decrease for every 100 degrees C increase in average operating temperature. Copyright (C) 2011, Hydrogen Energy Publications, LLC. Published by Elsevier Ltd. All rights reserved.