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Economic and Environmental Assessment

Introduction

The aim of this chapter is to conduct an assessment as to whether the SOFC liquid desiccant tri-generation system is economically and environmentally viable. It builds upon the tri-generation system integration evaluation presented in Chap. 7 with an economic assessment in Sect. 8.2 and an environmental assessment in Sect. 8.3. Section 8.4 contextualises the presented results and concludes the chapter. A published journal article, by the author, on the economic and environmental assessment of the novel tri-generation system can be referred to here; Elmer et al. (2016a).

The economic and environmental assessments uses the BlueGEN SOFC trigeneration system performance data presented in Sect. 7.2, operating at a 1.5 and 2.0 kWe capacity. These data, as opposed to the simulation data in Chap. 4 and laboratory testing data in Sect. 7.4, are used because the system demonstrates good performance and is based upon commercially available components which have long-term stable performance, accurate costing figures and qualify for government support.

The aim of the economic and environmental assessment is to establish:

  • 1. Whether the proposed tri-generation system is economically and environmentally viable under current conditions compared to an equivalent base case system.
  • 2. The conditions and geographical locations in which the novel tri-generation system is economically and environmentally viable compared to an equivalent base case system.
  • 3. The future feasibility of the novel tri-generation system with respect to projected changes in global energy resources, conversion techniques and cost.

© Springer International Publishing AG 2017

T. Elmer, A Novel SOFC Tri-generation System for Building Applications, Springer Theses, DOI 10.1007/978-3-319-46966-9_8

 
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