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integration of solid oxide fuel cells and ... - Ea Energianalyse

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2.4. Distributed Generation (DG)<br />

air conditioner will give a total saving <strong>of</strong> around 1,5 mil. DKK 14 . So the<br />

investment seems to be quite pr<strong>of</strong>itable.<br />

Normal Climate<br />

For this climate the numbers are a little closer:<br />

Case A: 26mil. DKK (-SOFC, -Absorption unit)<br />

Case B: 16mil. DKK (+SOFC, -Absorption unit)<br />

Case C: 16mil. DKK (+SOFC, +Absorption unit)<br />

For this climate the savings <strong>of</strong> using an SOFC is slightly decreased from<br />

12 to 10mil. DKK. But the gain <strong>of</strong> using the ABS unit is significantly<br />

reduced from around 1,5mil. DKK to 0,4mil. DKK. So it still looks<br />

pr<strong>of</strong>itable although not as good as for the hot climate.<br />

Pay Back Time for the entire system (case A vs case C)<br />

Figure 2.5 shows how long time it takes before case C becomes cheaper<br />

than case A when running a hotel i.e. how long does the entire<br />

SOFC+ABS system has to live in order to be cheaper than just purchasing<br />

the electricity from the electrical grid <strong>and</strong> use an electrical air conditioner<br />

for cooling. It is seen that if the purchase price <strong>of</strong> the SOFC is around<br />

the expected 2500DKK/kW, the pay back time for the entire system will<br />

be around 1 year for both climate cases. And even if the SOFC price<br />

is as high as 10.000DKK/kW the payback time is less than 3 years, but<br />

at this price it is seen that the SOFC+ABS investment is slightly more<br />

advantageous for the hot climate.<br />

So if the SOFC price can just be lowered to around 10.000DKK/kW it<br />

could become pr<strong>of</strong>itable for at hotel to purchase the SOFC + ABS system.<br />

But the comparison <strong>of</strong> case A <strong>and</strong> C says nothing about whether it is<br />

the addition <strong>of</strong> the absorption chiller or the SOFC in itself which makes<br />

the investment pr<strong>of</strong>itable. Hence in the following case B <strong>and</strong> C will be<br />

compared to see what effect the addition <strong>of</strong> the absorption chiller has on<br />

the economics (assuming that the SOFC is used either way).<br />

14 The NPV values <strong>of</strong> case B <strong>and</strong> C for the hot climate stated above have been rounded<br />

<strong>of</strong>f from 15,27mil. DKK <strong>and</strong> 13,78mil. DKK respectively<br />

33

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