Economic Assessment of Mobilized Thermal Energy Storage for Distributed Users: A Case Study in China. (June 2016)

• Record Type: Journal Article
• Authors: Guo, Shaopeng; Zhao, Jun; Yan, Jinyue; Jin, Guang; Wang, Xiaotong
• Is Part Of: Energy procedia. Volume 88(2016)
• Page Start: 656
• Page End: 661
• Publication Date: 2016-06
• Subjects: Mobilized thermal energy storage (M-TES) -- Waste heat -- Operating strategy -- Economic assessment; Power resources -- Congresses; Power resources -- Periodicals; Power resources; Conference proceedings; Periodicals; 333.7905
• DOI: 10.1016/j.egypro.2016.06.094
• Languages: English
• ISSNs: 1876-6102

Abstract

Abstract: Mobilized thermal energy storage (M-TES) system can be an alternative of the conventional heating system to meet the heat demand for distributed users. This paper conducted a case study of the M-TES system in China. The operating strategies (OS) of the M-TES with different transportation schemes were compared. Moreover, the economic assessment was performed based on the project's net present value (NPV) and payback period (PBP). The OS with 6 trips per day is the most profitable with pay-back time of about 2, 3 and 5 years if the waste heat costs at the level of 0 €/MWh, 3300 €/MWh, and 6600 €/MWh, respectively.