XML FeedsEconomics evaluation of a 5 kW SOFC power system for residential use
By damageva on Jul 3, 2008 | In Energy, Europe, Academic Study/Journal Article, Costs and Benefits | Send feedback »
Link: http://dx.doi.org/10.1016/j.ijhydene.2008.04.017
Abstract:
Solid oxide fuel cell (SOFC) has an electrolyte that is solid and works at a temperature range of View the MathML source; it can use a wide range of fuels and the relatively high operating temperature makes it possible for internal reforming with high-quality heat by-product for cogeneration.
In this paper, Ettore Bompard, Roberto Napoli, Bo Wan and Gianmichele Orsello address quantitatively the problem with reference to a 5 kW SOFC power system for residential use. The goal of the paper is to provide an analysis of possible scenarios that will make SOFC applications feasible from an economic point of view. In this respect the authors provide a sensitivity analysis of some common financial metrics to key input parameters, the improvements in electrical efficiency, changes in regulatory policy and changes in the market energy prices. The economic feasibility of different scenarios is evaluated and compared resorting to the usual metrics in financial analysis.
Keywords: Fuel cell economics; SOFC; NPV; IRR
by Ettore Bompard 1, Roberto Napoli 1, Bo Wan 1 and Gianmichele Orsello 2
1. Politecnico di Torino, C.s Duca degli Abruzzi 24, I-10129 Torino, Italy
2. TurboCare SpA, C.s Romania 661, Torino, Italy
International Journal of Hydrogen Energy via Elsevier Science Direct www.ScienceDirect.com
Volume 33, Issue 12; June, 2008; Pages 3243-3247
Special Issue: 2nd World Congress of Young Scientists on Hydrogen Energy Systems
http://dx.doi.org/10.1016/j.ijhydene.2008.04.017
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