Commenced in January 2007
Paper Count: 30761
Economical Analysis of Thermal Energy Storage by Partially Operation
Abstract:Building Sector is the major electricity consumer and it is costly to building owners. Therefore the application of thermal energy storage (TES) has gained attractive to reduce energy cost. Many attractive tariff packages are being offered by the electricity provider to promote TES. The tariff packages offered higher cost of electricity during peak period and lower cost of electricity during off peak period. This paper presented the return of initial investment by implementing a centralized air-conditioning plant integrated with thermal energy storage with partially operation strategies. Building load profile will be calculated hourly according to building specification and building usage trend. TES operation conditions will be designed according to building load demand profile, storage capacity, tariff packages and peak/off peak period. The Payback Period analysis method was used to evaluate economic analysis. The investment is considered a good investment where by the initial cost is recovered less than ten than seven years.
Digital Object Identifier (DOI): doi.org/10.5281/zenodo.1073695Procedia APA BibTeX Chicago EndNote Harvard JSON MLA RIS XML ISO 690 PDF Downloads 1660
 Z. L. Dong Zhang, Jianmin Zhou, Keru Wu, "Development of thermal energy storage concrete, Cement and Concrete Research", vol. 34, 2004.
 A. G. Abdullah Yildiz, "Energy and exergy analyses of space heating in buildings", Applied Energy, 2009.
 C. Chaichana, "An ice thermal storage computer model", Applied Thermal Engineering, 2001, vol. 21, pp. 1769-1778,
 S. A. Chan,"Energy Efficiency - design low Energy Building Using Energy 10", Energy Efficiency, 2004
 A. K. Ahmet Sar─▒, "Preparation, thermal properties and thermal reliability of capric acid/expanded perlite composite for thermal energy storage", Materials Chemistry and Physics, 2008, vol. 109 p. 459,
 E. K. G. Alan Comnes, Chris Pignone, and Mashuri Warren, "An Integrated Economic Analysis of Commercial Thermal Energy Storage", IEEE Transactions on Power Systems, 1988, vol. 3, p. 1717,
 B. A. Habeebullah, "Economic feasibility of thermal energy storage systems", Energy and Buildings, 2007, vol. 39, pp. 355-363,
 S. Ashok and R. Banerjee, "Optimal cool storage capacity for load management", Energy, 2003, vol. 28, pp. 115-126,
 S. Y. Tee, "Energy Efficient Building: The Application of Thermal Energy Storage for Cooling Load Reduction", Master Thesis, 2008.
 Z. Noranai, "Study of Energy Efficient Opportunities in UTHM", Master Thesis 2008
 S. P. Pantelis N. Botsaris, "A methodology for a thermal energy building audit, Building and Environment", 2004, p. 195,
 M. Zainal, "Air Condition System Design Manual", UTHM, Unpublished.
 Q. Li, "Applying support vector machine to predict hourly cooling load in the building", Applied Energy, 2009, vol. 86, pp. 2249-2256,
 Y. W. F. a. M. H. H. M. Y.H. Yau, "A preliminary study on hvac systems and thermal comfort in a tropical university building in Malaysia", International Journal of Mechanical and Materials Engineering, 2008, vol. 3 p. 160.
 M. M. A. Mawire , R.R.J. van den Heetkamp, S.J.P. Mlatho, "Simulated performance of storage materials for pebble bed thermal energy storage systems", Applied Energy, 2008 vol. 86, p. 1246,
 I. Dincer, "Thermal Energy Storage, Encyclopedia of Energy", 2004 vol. Volume 6, p. 14,
 M. E. S. F. N. Saeidi, "Case Study of Design and Implementation of a Thermal Energy Storage System", PECon, 2006 .
 M. A. A. M. Syed Ihtsham-ul-Haq Gilani, Chalilullah Rangkuti, "Chillers Operating Strategies of a Thermal Energy Storage System: Case Study of a Gas District Cooling Plant", International Conference on Energy and Environment, 2006.
 TNB, "ELECTRICITY TARIFF: This tariff is effective from 1st March 2009 and supersedes the previous tariff schedule which was effective on 1st July 2008", Tariff Manual, 2009
 M. E. Kintner-Meyer, A. F., "Optimal control of an HVAC system using cold storage and building thermal capacitance", Energy and Buildings, 1995, vol. 23, pp. 19-31