In this paper a methodology for the optimal integration of water/lithium bromide absorption chillers in combined heat and power plants is proposed. This method is based on the economic optimization of an energy plant that interacts with a refrigeration cycle, by using a successive linear programming technique (SLP). The aim of this paper is to study the viability of the integration of already technologically available absorption chillers in CHP plants. The results of this alternative are compared with the results obtained using the conventional way of producing chilled water, that is, using mechanical vapour compression chillers in order to select the best refrigeration cycle alternative for a given refrigeration demand. This approach is implemented in the computer program XV, and tested using the data obtained in the water/LiBr absorption chiller of Bayer in Tarragona (Catalonia, Spain). The results clearly show that absorption chillers are not only a good option when low-cost process heat is available, but also when a cogeneration system is present. In this latter case, the absorption chiller acts as a bottoming cycle by using steam generated in the heat recovery boiler. In this way, the cogeneration size can be increased producing higher benefits than those obtained with the use of compression chillers.