Cost-Effectiveness Opportunities for Thermal Energy Storage Systems: A Case Study of School Building in Saudi Arabia
International Journal of Sustainable and Green Energy
Volume 5, Issue 4, July 2016, Pages: 59-70
Received: Jun. 11, 2016; Accepted: Jun. 20, 2016; Published: Jul. 6, 2016
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Authors
Badr Habeebullah, Mechanical Engineering, King Abdulaziz University, Jeddah, Saudi Arabia
Rahim Jassim, Saudi Electric Services Polytechnic (SESP), Baish, Jazan Province, Kingdom of Saudi Arabia
Nedim Turkmen, Mechanical Engineering, King Abdulaziz University, Jeddah, Saudi Arabia
Ahmad Bokhary, Mechanical Engineering, King Abdulaziz University, Jeddah, Saudi Arabia
Majed Alhazmy, Mechanical Engineering, King Abdulaziz University, Jeddah, Saudi Arabia
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Abstract
Air conditioning in houses, office buildings and schools consume high portion of the generated electricity in Saudi Arabia. This paper presents a study of the economic opportunities afforded by installing an ice storage system to existing air conditioning plants of a school in Jeddah, Saudi Arabia. In this paper, the assumptions are i) fixed interest rate of 10%, ii) a tenure of 10 years and iii) estimated operational tariff structure depending on both the number of operating hours and the ambient temperature. The study examines both full and partial load storage scenarios then calculates the effect of various pricing tariffs on cost optimization. The results show that the current fixed electricity tariff rate of $0.0267/kWh which is not economically feasible. Combining both the energy storage and an incentive time structured rate shows reasonable daily bill savings. For a base tariff of $0.07/kWh during daytime operation and $0.0267/kWh for the off-peak period, savings of $33/d and $73.36/d is achievable for full load storage and partial load scenarios, respectively. These savings will increase to $159/d for full load storage and $124.06/d for partial load storage after 10 years.
Keywords
Ice Storage, Cooling Load, Economic Analysis
To cite this article
Badr Habeebullah, Rahim Jassim, Nedim Turkmen, Ahmad Bokhary, Majed Alhazmy, Cost-Effectiveness Opportunities for Thermal Energy Storage Systems: A Case Study of School Building in Saudi Arabia, International Journal of Sustainable and Green Energy. Vol. 5, No. 4, 2016, pp. 59-70. doi: 10.11648/j.ijrse.20160504.12
Copyright
Copyright © 2016 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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