ECONOMIC ANALYSIS OF AN INSTALLED SINGLE DWELLING SEASONAL THERMAL ENERGY STORE WITH VARYING demand: Eurosun 2014

Shane Colclough; David Redpath; Philip Griffiths

ECONOMIC ANALYSIS OF AN INSTALLED SINGLE DWELLING SEASONAL THERMAL ENERGY STORE WITH VARYING demand: Eurosun 2014

Belfast School of Architecture & the Be

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Abstract

The financial viability of a domestic sized solar Seasonal Thermal Energy Store (STES) installed in a low-energy house located in a Temperate Maritime Climate was investigated. Using the figures for the recorded performance in combination with the installation costs, a financial Life Cycle Analysis was undertaken to establish the cost effectiveness of this. Three Domestic Hot Water (DHW) usage scenarios were considered on the impact of DHW consumption on the solar energy available for space heating and the STES surplus (or deficit) heat.
A Life Cycle Cost (LCC) analysis identified the optimal cost-effective solution. As part of the life cycle cost analysis the effects of varying service life of the STES was considered. This shows that while a direct heating and hot water system incorporating STES can be economically viable in a temperate maritime climate in the long term, the financial viability of the solar/STES installation is seen to be heavily dependent on the profile of DHW consumption.

Original language	English
Publication status	Published (in print/issue) - 2014

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M1 - Conference Proceedings

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 12 Responsible Consumption and Production
SDG 13 Climate Action

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ECONOMIC ANALYSIS OF AN INSTALLED SINGLE DWELLING SEASONAL THERMAL ENERGY STORE WITH VARYING DEMAND Shane Colclough 1 septAuthor Accepted Manuscript, 452 KB

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title = "ECONOMIC ANALYSIS OF AN INSTALLED SINGLE DWELLING SEASONAL THERMAL ENERGY STORE WITH VARYING demand: Eurosun 2014",

abstract = "The financial viability of a domestic sized solar Seasonal Thermal Energy Store (STES) installed in a low-energy house located in a Temperate Maritime Climate was investigated. Using the figures for the recorded performance in combination with the installation costs, a financial Life Cycle Analysis was undertaken to establish the cost effectiveness of this. Three Domestic Hot Water (DHW) usage scenarios were considered on the impact of DHW consumption on the solar energy available for space heating and the STES surplus (or deficit) heat. A Life Cycle Cost (LCC) analysis identified the optimal cost-effective solution. As part of the life cycle cost analysis the effects of varying service life of the STES was considered. This shows that while a direct heating and hot water system incorporating STES can be economically viable in a temperate maritime climate in the long term, the financial viability of the solar/STES installation is seen to be heavily dependent on the profile of DHW consumption.",

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T1 - ECONOMIC ANALYSIS OF AN INSTALLED SINGLE DWELLING SEASONAL THERMAL ENERGY STORE WITH VARYING demand

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AU - Colclough, Shane

AU - Redpath, David

AU - Griffiths, Philip

N1 - M1 - Conference Proceedings

PY - 2014

Y1 - 2014

N2 - The financial viability of a domestic sized solar Seasonal Thermal Energy Store (STES) installed in a low-energy house located in a Temperate Maritime Climate was investigated. Using the figures for the recorded performance in combination with the installation costs, a financial Life Cycle Analysis was undertaken to establish the cost effectiveness of this. Three Domestic Hot Water (DHW) usage scenarios were considered on the impact of DHW consumption on the solar energy available for space heating and the STES surplus (or deficit) heat. A Life Cycle Cost (LCC) analysis identified the optimal cost-effective solution. As part of the life cycle cost analysis the effects of varying service life of the STES was considered. This shows that while a direct heating and hot water system incorporating STES can be economically viable in a temperate maritime climate in the long term, the financial viability of the solar/STES installation is seen to be heavily dependent on the profile of DHW consumption.

AB - The financial viability of a domestic sized solar Seasonal Thermal Energy Store (STES) installed in a low-energy house located in a Temperate Maritime Climate was investigated. Using the figures for the recorded performance in combination with the installation costs, a financial Life Cycle Analysis was undertaken to establish the cost effectiveness of this. Three Domestic Hot Water (DHW) usage scenarios were considered on the impact of DHW consumption on the solar energy available for space heating and the STES surplus (or deficit) heat. A Life Cycle Cost (LCC) analysis identified the optimal cost-effective solution. As part of the life cycle cost analysis the effects of varying service life of the STES was considered. This shows that while a direct heating and hot water system incorporating STES can be economically viable in a temperate maritime climate in the long term, the financial viability of the solar/STES installation is seen to be heavily dependent on the profile of DHW consumption.

M3 - Paper

ER -

ECONOMIC ANALYSIS OF AN INSTALLED SINGLE DWELLING SEASONAL THERMAL ENERGY STORE WITH VARYING demand: Eurosun 2014

Abstract

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UN SDGs

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