2015, 300 p. 40 illus., 10 illus. in color. With online files/update.
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Includes complete investment appraisal exercises using real world RET configurations
Includes DEMO software GRETA (Green-accounting-based Renewable Energy Technology Assessment)
Provides the decision-making aid for a policy maker to estimate environmental taxes and governmental subsidies in order to encourage RET investment
Renewable Energy Technologies: Simulation and Economic Evaluation presents currently available renewable energy technologies (RETs), as well as 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 design, followed by the 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, via simulations that enable alternative scenario exercises and comparative analysis. The multicriteria comparison also includes detailed investment appraisal, using both conventional methodology and the authors’ novel green-accounting-based appraisal to investigate the impacts on the economic efficiency of the project.
Content Level »Research
Keywords »Energy Efficiency - Environmental Economics - GRETA - Green Accounting - Renewable Energy Technologies - Simulation Energy Efficiency - Sustainable Building Design
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.
Distribution rights In India: Ane Books India, New Delhi, India