Techno- Economic and Life- Cycle Cost Assessment of the CCHP/ PV Hybrid System Application

Abstract

In recent decades, excessive using fossil fuels has been resulted in emitting greenhouse gases such as CO2, consequently, environmental pollution. In this study, the techno-economic analysis of the CCHP/PV hybrid system application for a sample building was examined to reduce the environmental pollution and primary energy consumption of the buildings. The life-cycle cost analysis was utilized as a robust economic criterion. To investigate the effect of climate conditions on the system performance, five cities of Bandar Abbas, Ahvaz, Tehran, Bandar Anzali, and Ardebil were considered and evaluated. The results showed that the pollution emission rate and primary energy consumption of the building were declined by the CCHP/PV system up to 10.14 % and 26.52 % for the coldest climates, respectively. Moreover, an increase of 33.33 % was observed compared to the conventional system due to its high initial investment. However, the sensitivity analysis of energy tariffs, as well as equipment prices indicated favorable results and a bright horizon for these systems.

Keywords

• combined heat and power
• photovoltaic panels
• hybrid system
• primary energy consumption
• emission of pollutants
• life-cycle cost