Co-firing biomass and fossil energy is a cost-effective and reliable way to use renewable energy and offer advantages in flexibility, conversion efficiency and commercial possibility. This study proposes a co-fired CCHP (combined cooling, heating and power) system based on natural gas and biomass gasification gas that contains a down-draft gasifier, ICE (internal combustion engine), absorption chiller and heat exchangers. Thermodynamic models are constructed based on a modifying gasification thermochemical equilibrium model and co-fired ICE model for electricity and heat recovery. The performance analysis for the volumetric mixture ratio of natural gas and product gas indicates that the energy and exergy efficiencies are improved by 9.5% and 13.7%, respectively, for an increasing mixture ratio of 0-1.0. Furthermore, the costs of multi-products, including electricity, chilled water and hot water, based on exergoeconomic analysis are analyzed and discussed based on the influences of the mixture ratio of the two gas fuels, investment cost and biomass cost. (C) 2015 Elsevier Ltd. All rights reserved.