The paper presents an analysis of energy and economic effectiveness of the combined heat and power (cogeneration) technologies fired with natural gas that may be deemed prospective for the Polish electric power system. The current state of the cogeneration technologies fired with natural gas in Poland is presented. Five cogeneration technologies fired with natural gas, prospective from the point of view of the Polish electric power system, were selected for the analysis. Namely, the paper discusses: gas-steam combined heat and power (CHP) unit with 3-pressure heat recovery generator (HRSG) and steam interstage reheat, gas-steam CHP unit with 2-pressure HRSG, gas-steam CHP unit with 1-pressure HRSG, gas CHP unit with small scale gas turbine, operating in a simple cycle and gas CHP unit with gas engine. The following quantities characterizing the energy effectiveness of the cogeneration technologies were selected for the analysis: electricity generation efficiency, heat generation efficiency, primary energy savings (PES) and CO2 unit emission. The economic effectiveness of particular technologies was determined based on unit electricity generation costs, discounted for 2019, including the costs of purchasing CO2 emission allowances. The results of calculations and analyses are presented in a table and on a figures.