Effective directions for investing in the geothermal power industry

Keywords: geothermal energy, heat pump, thermal energy conversation efficiency, unit cost per 1 kWh of produced heat

Abstract

Analysis of geothermal energy sector in Ukraine was held and it
was determined four base types of heat pumps, which use geothermal
energy and some of their constructional differences.
Methodology for their analysis was developed by using the
method of paired comparisons and were established criterions
that taking into account technical parameters of the pumps
namely: a thermal capacity of the pump, unit cost per 1 kWh of
produced heat, thermal energy conversation efficiency, temperature
range for the efficient performance of the heat pump, heat
pump’s operational lifetime. The base heat pump types analysis
was held and their integral score was determined. The highest
the integral score of 8,74 was assigned to the water-to-water heat
pumps and the lowest score of 7,49 was gained by the earth-to-air
heat pumps.
It was proposed to locate investments in the field of geothermal
energy and water-to-water heat pumps with thermal energy conversation
efficiency 5, and earth-to-water heat pumps with thermal
energy conversation efficiency 4.

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Abstract views: 54
PDF Downloads: 75
Published
2017-09-11
How to Cite
Olijnichenko, V., Marchenko, N., & Kushnir, I. (2017). Effective directions for investing in the geothermal power industry. Vidnovluvana Energetika, (3 (50), 73-79. Retrieved from https://ve.org.ua/index.php/journal/article/view/43