Observatorio de I+D+i UPM

Memorias de investigación
Research Publications in journals:
Cost competitiveness of a novel PVT-based solar combined heating and power system: Influence of economic parameters and financia! incentives
Year:2018
Research Areas
  • Engineering
Information
Abstract
The cost competitiveness of an optimised solar combined heating and power (S-CHP) system based on a novel PVT collector is assessed in three different locations (Zaragoza, London and Athens). A series of sensitivity analyses are undertaken to evaluare the extent of the influence of the several economic parameters on the cost competitiveness of the proposed solar solution, and evaluare the need for financial incentives to boost the in­ stallation of this technology, in particular in the residential sector. From the different systems components' costs, the results show that the PVT collector price is the one that influen ces more the system economics, as it re­ sponsible of the highest share of the total investment (-38%). High market discount rates and/or low inflation rates significantly and negatively affect the system cost competitiveness,leading to higher payback times (PBTs). Government incentives, if correctly applied, have the potential to improve the system economics in the short­ term. However, in low latitude locations these incentives might not be necessary as high irradiance levels and energy prices lead to reasonable PBTs. Finally, the analysis of potential future scenarios, considering a combi­ nation of several economic parameters, demonstrates that the S-CHP system cost competitiveness is feasible in the short term.
International
Si
JCR
Si
Title
Energy Conversion And Management
ISBN
0196-8904
Impact factor JCR
6,377
Impact info
Volume
166
10.1016/j.enconman. 2018.04.005
Journal number
From page
758
To page
770
Month
SIN MES
Ranking
Participants
  • Autor: M. Herrando
  • Autor: Alba Ramos Cabal (UPM)
  • Autor: J. Zabalza
Research Group, Departaments and Institutes related
  • Creador: Grupo de Investigación: Silicio y Nuevos Conceptos para Células Solares
  • Centro o Instituto I+D+i: Instituto de Energía Solar
S2i 2020 Observatorio de investigación @ UPM con la colaboración del Consejo Social UPM
Cofinanciación del MINECO en el marco del Programa INNCIDE 2011 (OTR-2011-0236)
Cofinanciación del MINECO en el marco del Programa INNPACTO (IPT-020000-2010-22)