The master’s thesis deals with the environmental aspects of combined heat and power station Červený Mlýn (Red Mill). The introductory part of the thesis focuses on the current production technology and the electricity balance of the power station. The heat and power station (also called combined cycle heat and power plant) is scrutinized in terms of emissions sources, focusing on pollutant emissions to air in the following chapter. In this part of the thesis the quantities of the released emissions, namely solid particulate matter (TZL), sulfur dioxide (SO2), carbon dioxide (CO2) are also calculated. The calculation is worked out according to the valid Czech legislation. Further on, the current production technology of the power station is compared with the best available technologies according to the valid directive 2008/1/EC of the European Parliament and of the Council concerning integrated pollution prevention and control. The last chapter presents the innovative technologies which could possibly be installed to reduce pollution emissions (especially nitrogen oxides - NOx) to air at the heat and power station Červený Mlýn.