COLCLOUGH, S.

Griffiths, P.

Hewitt, N. J.

English

The financial viability of a solar Seasonal Thermal Energy Store (STES) installed in a mixed commercial and residential multiunit development of low-energy buildings located in Lysekil, Sweden, a maritime Scandinavian Climate has been investigated. Using recorded figures for the installation costs and performance, a financial Life Cycle Analysis has been undertaken to determine the cost effectiveness of the system.The time value of money is considered and a Life Cycle Cost (LCC) analysis undertaken to identify the cost-effectiveness of the solution. It shows that while a direct heating and hot water system incorporating STES can be economically viable in a Swedish Maritime Climate in the long term, assistance such as that provided by government incentives is required to assist with the high capital cost of the initial investment

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Financial analysis of an installed multiunit seasonal thermal energy store:First International Conference on Building Integrated Renewable Energy Systems

https://pure.ulster.ac.uk/ws/files/12531546/Swedish_STES_Financial_anaylsis_Shane_Colclough_v1.01.pdf

Financial analysis of an installed multiunit seasonal thermal energy store:First International Conference on Building Integrated Renewable Energy Systems

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