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Life-Cycle Cost Analysis of an Installed Multiunit Seasonal Thermal Energy Store

Colclough, Shane, Hewitt, Neil and Griffiths, Philip (2017) Life-Cycle Cost Analysis of an Installed Multiunit Seasonal Thermal Energy Store. Journal of Energy and Power Engineering, USA, 11 . pp. 439-445. [Journal article]

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DOI: 10.17265/1934-8975

Abstract

The financial viability of a solar Seasonal Thermal Energy Store (STES) installed in a mixed commercial and residential multiunit development of low-energy buildings located in Lysekil, Sweden, a maritime Scandinavian Climate has been investigated. Using recorded figures for the installation costs and performance, a financial Life Cycle Analysis has been undertaken to determine the cost effectiveness of the system.The time value of money is considered and a Life Cycle Cost (LCC) analysis undertaken to identify the cost-effectiveness of the solution. It shows that while a direct heating and hot water system incorporating STES can be economically viable in a Swedish Maritime Climate in the long term, assistance such as that provided by government incentives is required to assist with the high capital cost of the initial investment

Item Type:Journal article
Keywords:STES, Financial Analysis, Passive House, Passivhaus
Faculties and Schools:Faculty of Art, Design and the Built Environment
Faculty of Art, Design and the Built Environment > School of the Built Environment
Research Institutes and Groups:Built Environment Research Institute > Centre for Sustainable Technologies (CST)
Built Environment Research Institute
ID Code:38045
Deposited By: Dr Shane Colclough
Deposited On:20 Jun 2017 08:49
Last Modified:14 Sep 2017 14:00

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