Enviroeconomic analysis and energy matrices of glazed hybrid photovoltaic thermal module air collector

• Published in: Solar energy 2013-06, Vol.92, p.139-146
• Main Authors: Agrawal, Sanjay, Tiwari, G.N.
• Format: Article
• Language: English
• Subjects: Applied sciences; Carbon credits; Carbon offsets; Direct energy conversion and energy accumulation; Electric power plants; Electrical engineering. Electrical power engineering; Electrical power engineering; Electricity generation; Electricity production factor; Energy; Energy pay back time; Enviroeconomic analysis; Equipments, installations and applications; Exact sciences and technology; Kyoto Protocol; Life cycles; Miscellaneous; Natural energy; Photoelectric conversion; Photovoltaic cells; Photovoltaic conversion; Solar cells. Photoelectrochemical cells; Solar energy; Thermal energy
• ISSN: 0038-092X; 1471-1257
• DOI: 10.1016/j.solener.2013.02.019

► Life cycle assessment of hybrid PVT collector. ► EPBT, EPF and LCCE based on energy and exergy. ► Carbon credit earned analysis. In this paper, enviroeconomic analysis and the energy matrices, namely, energy pay back time (EPBT), electricity production factor (EPF), life cycle conversion efficiency (LCCE) and inflation based on annual overall thermal energy and exergy gain of glazed hybrid photovoltaic thermal (PVT) module air collector have been evaluated for New Delhi, India climatic conditions. As per the norms of the Kyoto Protocol, the annual carbon credits earned by the system have also been calculated. The effect on annualized uniform cost (Unacost), EPF and LCCE have been evaluated for the interest rate of 8%, 10% and 12%. It has been observed the environmental cost for overall thermal energy is 36.97$/annum and for overall exergy is 8.55$/annum. In other words, by including the cost of energy in the manufacturing of components of the PVT module air collector, the payback/efficiency was increased/decreased respectively by roughly a factor of four.