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Geothermal Heat Pump and Heat Engine Systems: Theory and Practice

By
Andrew D. Chiasson
Andrew D. Chiasson
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ISBN:
9781118961940
No. of Pages:
494
Publisher:
ASME-Wiley
Publication date:
2016

Investments in energy-efficient measures and systems, particularly renewable energy systems, require a relatively large up-front investment in equipment that results in future savings or future income. In order to evaluate these investments, it is necessary to understand how the value of money changes over time. These evaluations are typically studied in a field that has been traditionally called Engineering Economics or, more recently, Energy Economics. Engineers need to be well versed in methods to compare alternatives, or the best ideas may never be realized.

16.1
Overview
16.2
Simple Payback Period and Rate of Return
16.3
Time Value of Money
16.4
Cost Considerations for Geothermal Energy Systems
16.5
Uncertainty in Economic Analyses
16.6
Environmental Impact
16.7
Chapter Summary
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