Renewable Energy Technologies, 1st ed. 2024
Simulation and Economic Evaluation
Green Energy and Technology Series

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Language: English

121.31 €

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300 p. · 15.5x23.5 cm · Hardback

This book presents currently available renewable energy technologies (RETs) and explores their possible integration into the economically viable and green residential microgrids of tomorrow. The emphasis is on the importance of RETs in today?s energy-efficient building designs, and on those RET mathematical models suitable for both performance simulation and economic appraisal. A range of energy storage alternatives, as well as typical energy consumption patterns, are also thoroughly described and precisely simulated. After selecting the right components for a hybrid system, readers are introduced to problems of system integration and optimization, using simulations that support alternative scenario exercises and comparative analysis. The multicriteria comparison also includes detailed investment appraisals, using both conventional methodologies and the authors? novel green-accounting-based appraisal to investigate the impacts on the economic efficiency of the project.

Introduction to Renewable Energy Technology.- Using RET for Energy Efficient Building Design.- RET Simulation (Solar-Thermal, Solar-Photovoltaic, Wind, Geothermal, Biofuel-Powered Gas Turbines, Etc.).- Energy Storage Simulation.- Load Simulation.- System Simulation for Energy Efficient Building Design/Retrofit.- System Simulation for Real-Time Controller Calibration.- Conventional Economic Appraisal of Renewable Energy Investments.- Green-Accounting-Based Appraisal of Renewable Energy Investments.- Assessing the Risk of Renewable Energy Investments.- Multi-criteria Optimization of RET/Storage Configuration for Energy Efficiency.
Includes complete investment appraisal exercises using real-world renewable energy technology (RET) configurations Includes DEMO software GRETA (green-accounting-based renewable energy technology assessment) Provides a valuable decision-making aid to help policymakers estimate environmental taxes and governmental and promote investment in RETs