Title
Economic assessment of a heat pump using low-temperature geothermal sources Economic assessment of a heat pump using low-temperature geothermal sources
Author
Faculty/Department
Faculty of Applied Economics
Publication type
article
Publication
Subject
Engineering sciences. Technology
Source (journal)
WSEAS transactions on environment and development
Volume/pages
7(2011) :1 , p. 23-32
ISSN
17905079
vabb
c:vabb:307483
Carrier
E
Target language
English (eng)
Affiliation
University of Antwerp
Abstract
Within the context of sustainable housing, considerable research attention has been on different devices and techniques to lower energy consumption and alternative, environmental-friendly alternatives to generate energy. Recently, scholars engage increasingly in the economic aspects of these devices and techniques. This study elaborates on the study of Kulcar et al. [1], which have investigated the economy of exploiting a two-stage heat pump with heat exchanger using low-temperature geothermal sources for building heating purposes. The results of the analysis suggest that under the circumstances defined in [1], the system is an interesting investment from a financial viewpoint. However, the results turn out to be strongly dependent on the evolution of the electricity and heat prices. It turns out that the net present value of the investment is more sensitive to changes in heat prices than it is to variations in electricity prices.
E-info
http://www.wseas.us/e-library/transactions/environment/2011/52-597.pdf
Handle