scholarly journals A Comparative Economic Feasibility Study of Photovoltaic Heat Pump Systems for Industrial Space Heating and Cooling

Energies ◽  
2020 ◽  
Vol 13 (16) ◽  
pp. 4114 ◽  
Author(s):  
Celena Lorenzo ◽  
Luis Narvarte ◽  
Ana Belén Cristóbal

The use of photovoltaic (PV) systems for powering heat pumps (HP) leads to an economic, energy efficient and environmentally friendly alternative for heating and cooling generation. A technical solution developed by the authors permits stand-alone configurations to operate without batteries, mitigating up to 75% of the solar power fluctuations resulting from cloud-passing. Once its technical feasibility has been demonstrated, the economic potential of this innovative solution should be assessed (avoiding a battery system is a significant advantage). This paper presents a comparative economic assessment of this autonomous (AU) solution and a self-consumption (SC) solution, that would substitute a grid-powered HP system for the space heating and cooling of two livestock farms located in Spain. Results show that PV-HP systems are economically feasible regardless of the technical solution: the Profitability Index (PI) is in the 2.23–2.97 €/€ range, the Internal Rate of Return (IRR) is in the 8.1–10.9% range, the Payback Period (PBP) is in the 9.2–11 years range and the savings in terms of the Levelized Cost of Energy (LCOE) are in the 57–70% range. The AU solution offers a higher economic profitability, because it permits larger savings in the electricity bill. The SC solution presents lower LCOEs because of its greater electricity production.

2003 ◽  
Vol 11 (2) ◽  
pp. 191-198 ◽  
Author(s):  
David Banks ◽  
Helge Skarphagen ◽  
Robin Wiltshire ◽  
Chris Jessop

2020 ◽  
Author(s):  
Lazaros Aresti ◽  
Paul Christodoulides ◽  
Georgios A. Florides

<p>Shallow Geothermal Energy, a Renewable Energy Source, finds application through Ground Source Heat Pumps (GSHPs) for space heating/cooling via tubes directed into the ground. There are two main categories of Ground Heat Exchanger (GHE) types: the horizontal and the vertical types. Ground Heat Exchangers (GHEs) of various configurations, extract or reject heat into the ground. Even though GSHP have higher performance in comparison to the Air Source Heat Pumps (ASHPs), the systems high initial costs and long payback period have made it unattractive as an investment. GSHP systems can also be utilized in the buildings foundation in the form of Thermo-Active Structure (TAS) systems or Energy Geo-Structures (EGS), with applications such as energy piles, barrette piles, diaphragm walls, shallow foundations, retaining walls, embankments, and tunnel linings. Energy piles are reinforced concrete foundations with geothermal pipes, whereby the buildings foundations are utilized to provide space heating and cooling. Apart from energy piles, another EGS system can be achieved by the incorporation of the building’s foundation bed as a GHE. Foundation piles are not required in all constructions, but a building’s foundation bed is mandatory. This configuration is still based on the principles of the energy pile.</p><p>Energy piles have yet to be applied in Cyprus and, thus, a preliminary assessment considered and investigated before application would be useful. The potential of the GSHP systems by utilizing the building’s foundation through energy piles is considered here, for a moderate climate such as Cyprus, towards a Zero Energy Building. Typical foundation piles geometry in Cyprus consists of a 10m depth, a 0.4m diameter and reinforced concrete as a grout material, which is used at the foundation bed of the building. A typical dwelling in Cyprus is selected to be numerically modelled in this study. It is a three-bedroom, two-storey house with a 190m<sup>2</sup> total floor area, matching the thermal characteristics of a Zero Energy Building (i.e., U-values of 0.4W/m<sup>2</sup>/K on all walls and ceiling and 2.25 W/m<sup>2</sup>/K on all doors and windows, respectively). A full-scale model is developed in COMSOL Multiphysics software, to examine the energy rejected or absorbed into the ground by taking the heating and cooling loads of the typical dwelling in Cyprus. The convection-diffusion equation for heat transfer is used with the three-dimensional conservation of heat transfer for an incompressible fluid on all domains except the pipes, where a simplified equation is used. Different months in winter and summer are accounted for the simulations and the fluid-in – fluid-out temperature difference is presented. Finally, an economic evaluation of the systems examined above is presented, in order to check its viability. It is concluded that utilizing the dwelling’s foundations can be a better investment than using GHEs in boreholes.</p>


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