Renewable Energy and Energy Efficiency : Assessment of Projects and Policies.

Cover -- Title Page -- Copyright -- Contents -- Symbols, Units and Abbreviations -- About the Companion Website -- Chapter 1 Introduction -- 1.1 Background -- 1.2 Aim -- 1.3 Aspects of renewable energy project appraisal -- 1.4 Book layout -- References -- Chapter 2 Technologies -- 2.1 Introduction -- 2.2 Key concepts -- 2.2.1 Heat of combustion -- 2.2.2 Efficiency -- 2.2.3 Rated power and energy -- 2.2.4 Capacity and availability factors -- 2.2.5 Technology learning -- 2.3 Electrical power generation -- 2.3.1 Natural-gas-fired power plant -- 2.3.2 Coal-fired power plant -- 2.3.3 Hydropower -- 2.3.4 Wind power -- 2.3.5 Ocean energy -- 2.3.6 Photovoltaics -- 2.4 Heat generation -- 2.4.1 Boilers -- 2.4.2 Solar water heaters -- 2.5 Combined heat and power -- 2.5.1 Micro-CHP -- 2.5.2 CHP engines -- 2.5.3 CHP turbines -- 2.5.4 Combined heat, power and cooling -- 2.6 Energy storage -- 2.6.1 Electrical -- 2.6.2 Pumped hydroelectric storage -- 2.6.3 Compressed air energy storage -- 2.6.4 Thermal energy storage -- 2.7 Energy efficiency -- 2.7.1 Thermal insulation -- 2.7.2 High-efficiency lighting -- References -- Chapter 3 Modelling Energy Systems -- 3.1 Introduction -- 3.2 System, model and simulation -- 3.2.1 Systems -- 3.2.2 Models -- 3.2.3 Simulation -- 3.3 Modelling and simulating energy systems -- 3.3.1 Steps in simulating energy projects -- 3.3.2 Simulation tools -- 3.3.3 Data sources -- 3.4 Case studies -- 3.4.1 Office PV system -- 3.4.2 Gas heat pump for data room cooling -- 3.4.3 Compressed air energy storage -- 3.5 Conclusions -- References -- Chapter 4 Financial Analysis -- 4.1 Introduction -- 4.2 Fundamentals -- 4.2.1 Investor perspective -- 4.2.2 Types of projects and decisions -- 4.2.3 Cash flows -- 4.2.4 Real and nominal prices -- 4.2.5 Present value -- 4.2.6 Discount rates -- 4.2.7 Taxation and depreciation.

4.2.8 Unequal project lifespan -- 4.3 Financial measures -- 4.3.1 Payback and discounted payback periods -- 4.3.2 Return on investment -- 4.3.3 Profitability index and savings-to-investment ratio -- 4.3.4 Net present value -- 4.3.5 Internal Rate of Return -- 4.3.6 Life cycle cost -- 4.3.7 Levelised Cost of Energy -- 4.3.8 Uncertainty and risk -- 4.3.9 Financial measures compared -- 4.4 Case studies -- 4.4.1 Municipal bus fleet conversion to compressed natural~gas -- 4.4.2 New wind farm development -- 4.5 Conclusion -- References -- Chapter 5 Multi-Criteria Analysis -- 5.1 General -- 5.2 Simple non-compensatory methods -- 5.2.1 Introduction -- 5.2.2 Dominance -- 5.2.3 Satisficing methods -- 5.2.4 Sequential elimination methods -- 5.2.5 Attitude-oriented methods -- 5.3 Simple additive weighting method -- 5.3.1 Basic simple additive weighting method -- 5.3.2 Sensitivity analysis of baseline SAW results -- 5.3.3 Assigning weights to the decision criteria -- 5.4 Analytic hierarchy process -- 5.4.1 Introduction -- 5.4.2 Hierarchies -- 5.4.3 Establishing priorities within hierarchies -- 5.4.4 Establishing and calculating priorities -- 5.4.5 Deriving priorities using an approximation method -- 5.4.6 Deriving exact priorities using the iterative Eigenvector method -- 5.5 Concordance analysis -- 5.5.1 Introduction -- 5.5.2 PROMETHEE I -- 5.5.3 ELECTRE TRI -- 5.6 Site selection for wind farms-a case study from Cavan (Ireland) -- 5.6.1 Introduction -- 5.6.2 National and international guidance -- 5.6.3 Decision framework chosen -- 5.6.4 Decision model utilised to categorise each of the 18 sites -- 5.6.5 Selection of potentially suitable sites -- 5.6.6 Concluding comment on case studies -- 5.7 Concluding comments on MCDA models -- References -- Chapter 6 Policy Aspects -- 6.1 Energy policy context -- 6.2 Energy policy overview.

6.2.1 Policy instruments and targets -- 6.2.2 Designing policy instruments -- 6.3 Marginal abatement cost -- 6.3.1 Environmental life cycle assessment -- 6.3.2 Estimating marginal abatement costs -- 6.4 Subsidy design -- 6.4.1 Types of energy subsidies -- 6.4.2 Calculating feed-in-tariffs -- 6.5 Social cost--benefit analysis -- 6.5.1 Define the objective and identify base case -- 6.5.2 Identify costs and benefits -- 6.5.3 Value costs and benefits -- 6.5.4 Discount the costs and benefits -- 6.5.5 Interpret results -- 6.5.6 Assess who bears the costs and benefits -- 6.5.7 Uncertainty -- 6.5.8 Make decision -- 6.6 Case studies -- 6.6.1 Marginal abatement costs of emission mitigation options in a building estate -- 6.6.2 PV feed-in-tariff design -- 6.7 Conclusions -- References -- Appendix A: Table of Discount Factors -- Index -- EULA.

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Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2024. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.