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Additionally, CRs and partial-design ratios are designed comprehensively by seeking the maximum ESR for a given acceptable payback period.
The effect of thermal storage capacity, interest rate and acceptable payback period on the overall performance was evaluated through a sensitivity analysis.
Compared with the popular 4-column double-effect methanol distillation scheme, the hybrid scheme can considerably reduce utility depletion as well as operating costs, with an acceptable payback period for the compressor.
The results from this analysis indicate that the new Japanese FiT rate generates a good profit, a moderate annual return on investment and an acceptable payback period, suggesting an increasing trend of solar PV uptake over the next years.
The heating period and energy price in the local area, as well as the expected ESR and acceptable payback period should be comprehensively considered for a better energy efficiency and economy.
Similar(52)
Simulation results indicated that, for a west-facing flat, only the flats located on 15/F to 20/F can give acceptable environmental payback periods, ranging from 58.3 years to 40.7 years, i.e. within the lifespan (60 years) of a building.
Application of the framework on a case study demonstrates that the HPS design has been successfully customised with the RE technology scheme and capacity acceptable to the owner, while meeting its targeted payback period of 10 y.
This translates into a payback period of only two years.
And the lower the battery cost, the less sensitive the payback period is to fuel prices.
That's a shorter payback period than any hybrid I've tested.
As a purely financial calculation, ignoring added comfort and lower emissions, the payback period is long.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com