Search results for "Payback period"
showing 8 items of 8 documents
The new course of FITs mechanism for PV systems in Italy: novelties, strong points and criticalities
2011
The paper deals with the new course of the Feed-in Tariffs mechanism for photovoltaic systems that will start from January 1, 2011 in Italy with the actuation of the Government Decree DM 06/08/2010. After a short introduction on Feed-in Tariffs and Net-metering in Italy, the paper focuses the attention on an economical comparison between the incentives established by the Government Decree DM 19/02/07, ended on December 31, 2010 and those introduced by the DM 06/08/2010. The economical comparison is based on three indexes: the Pay Back Period, the Net Present Value and the Internal Rate of Return, characterizing the investments done for the realization of the photovoltaic systems. In particu…
A novel solar-geothermal trigeneration system integrating water desalination: Design, dynamic simulation and economic assessment
2016
Abstract In this paper, an innovative solar-geothermal polygeneration system is investigated. The system supplies a small community with electricity, desalinated water and space heating and cooling through a district network. The hybrid multi-purpose plant, based on an Organic Rankine Cycle (ORC) supplied by medium-enthalpy geothermal energy and by solar energy; this latter is provided by Parabolic Trough Collectors (PTC). The geothermal brine is first used to drive the ORC loop, then to provide space heating at around 85÷90 °C (in the winter), or cooling (in the summer, by means of a single-effect absorption chiller). Finally, the geothermal brine drives a Multi-Effect Distillation (MED) s…
Experimental study of the combined RES-based generators and electric storage systems for public buildings
2019
Abstract In the present paper, a new approach to the management of energy resources in the Research and Technology Centre of Energy (CRTEn -Tunisia) is proposed and evaluated by the monitoring of a PV installation realized for the cooperation project DE.DU.ENER.T, using renewable energy and economic criteria. The aim of this project is to improve energy efficiency order to minimize the electricity cost consumed at the CRTEn laboratory. According to the bills of electricity received, we noticed that there is a high consumption of electrical current. So, we targeted to install a photovoltaic field of 12KWc to reduce these bills by using the sustainable, green and clean sources. A theoretical …
Six-years-long effects of the Italian policies for photovoltaics on the pay-back period of grid-connected PV systems installed in urban contexts
2017
Abstract In this study the discounted pay-back (DPB) period of rooftop photovoltaic (PV) systems installed in urban contexts was investigated during the course of time with the aim of evaluating the effects of the different supporting policies enacted by the Italian government. The profitability of the investment in three Italian cities was observed from June 2010 to May 2016 by means of an exhaustive economic analysis based on the study of the variation of the costs and benefits during the lifetime of the investment. The analysis considered the disbursements for the PV system devices, maintenance and management, insurance, and wear of PV panels and inverters. Other significant parameters, …
Concrete thermal energy storage for linear Fresnel collectors: Exploiting the South Mediterranean’s solar potential for agri-food processes
2018
Abstract Italy is celebrated in the world for its agri-food industries while the process of production of pasta is highly energy demanding and requires both electrical and thermal energy simultaneously. Because most of the Italian factories producing pasta are located in the Southern part of the country, the direct use of thermal energy generated from the sun would be particularly profitable. In this study, the authors examine the possibility of generating by a Solar Industrial Process Heating plant the thermal energy required annually by an existing factory that produces durum wheat pasta located in Sicily (Italy). The hypothesized plant scheme consists of an array of Fresnel linear solar …
PDMS membranes for feasible recovery of dissolved methane from AnMBR effluents
2020
[EN] This study aimed to evaluate the feasibility of degassing membrane (DM) technology for recovering dissolved methane from AnMBR effluents. For that purpose, a PDMS membrane module was operated for treating the effluent from an AnMBR prototype-plant, which treated urban wastewater (UWW) at ambient temperature. Different transmembrane pressures and liquid flow rates were applied for evaluating methane recovery efficiency. Maximum methane recoveries were achieved when increasing the vacuum pressure and reducing the liquid flow rate, reaching a maximum methane recovery efficiency of around 80% at a transmembrane pressure (TMP) of 0.8 bars and a treatment flow rate (Q(L)) of 50 L h(-1). The …
The recent change in the Italian policies for photovoltaics: Effects on the payback period and levelized cost of electricity of grid-connected photov…
2015
Abstract This paper provides an economic analysis of the investment in grid-connected PV (photovoltaic) systems installed on the rooftops of buildings located in densely urbanised contexts. The analysis was applied to some case studies that were selected as representative of the latitudes of the southern, central and northern Italy. The returns of the investment in PV systems were investigated with the aim of comparing the impact of the current PV policy, based on the tax credit scheme, with the FIT (feed-in tariff) scheme, in force until July 2013. The cash flows related to the disbursements and benefits during the lifetime of the investment were computed for each combination of orientatio…
Renewable Energy Technologies for Economic Development
2020
Indonesian villages are facing dangerous condition. Every year, young people are deserting the villages. To overcome this problem, Tangsi Jaya hamlet, West Java, has been provided with 18 kW micro-hydro to supply electricity both to the community and to Small Processing Center for ground coffee production. Results of cash flow analysis for ground coffee in Tangsi Jaya hamlet, with total investment of IDR 110 750 000 and discount rate of 18 % for 5 yr. Banyumeneng I hamlet, Yogyakarta with an investment cost IDR 95 000 000 and production cost of IDR 34 195 000 yr–1 and the interest rate of 14 % yr–1, the payback period was estimated to be 3 yr with ROI of 40 %. PEST analysics indicate that t…