An economic analysis of policies for promoting economically efficient water heater systems operating under seasonal climatic conditions. Issue 2 (March 2016)

• Record Type: Journal Article
• Authors: Yurtsev, Arif; Jenkins, Glenn P
• Is Part Of: Energy & environment. Volume 27:Issue 2(2016)
• Page Start: 227
• Page End: 240
• Publication Date: 2016-03
• Subjects: Cost-effectiveness analysis -- water heater systems -- North Cyprus; Power resources -- Environmental aspects -- Periodicals; Power resources -- Periodicals; Renewable energy sources -- Periodicals; Energy policy -- Environmental aspects -- Periodicals; Ressources énergétiques; Politique énergétique; Energy policy -- Environmental aspects; Power resources; Power resources -- Environmental aspects; Renewable energy sources; Periodicals; 333.7
• DOI: 10.1177/0958305X15627541
• Languages: English
• ISSNs: 0958-305X

Abstract

This article reports on an economic cost-effective analysis of water heating systems including solar water heating systems. This study finds that in situations where there is a winter, or a rainy season, the choice of the source of energy for the solar water heating systems' back-up during this period is critical for its overall cost-effectiveness. It is found that in the conditions of North Cyprus, an solar water heating systems with electricity back-up is far superior to using electricity alone; however, it is inferior to heating water with either a liquefied petroleum gas water heater alone or an solar water heating systems with an liquefied petroleum gas back-up. Policies to promote water heating systems that reduce the use of electricity should not encourage the installation of solar water heating systems with electricity back-up. An liquefied petroleum gas water heater or an solar water heating systems with an liquefied petroleum gas back-up are economically more cost-effective, with or without the inclusion of the social cost of carbon estimates.