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2. MARKET INVESTIGATION<br />

16000<br />

14000<br />

Pay Back Time: Entire System (SOFC+ABS)<br />

SOFC Price [DKK/kW]<br />

12000<br />

10000<br />

8000<br />

6000<br />

4000<br />

2000<br />

0<br />

Normal Climate<br />

Hot Climate<br />

0 1 2 3 4 5<br />

Time [years]<br />

Figure 2.5: The x-axis shows the pay back time for a system consisting <strong>of</strong> a SOFC + ABS +<br />

Hot water heating compared to pure electricity import from the electrical grid + electrical air<br />

conditioner. The varied parameter (y-axis) is the purchase price <strong>of</strong> the SOFC.<br />

Pay Back time for the ABS unit (case B vs case C)<br />

From figure 2.6 it can be seen how long it takes for the ABS unit to repay<br />

itself. As expected the pay back time is much shorter for the hot climate<br />

than for the normal climate. This is mainly because the number <strong>of</strong> full<br />

load hours for the ABS is much bigger for the hot climate, where it runs<br />

all year, so more electricity is saved. With the current prices for the ABS<br />

<strong>of</strong> just below 4000Dkk/kW the pay back time is 1,5 years <strong>and</strong> 4 years for<br />

the hot <strong>and</strong> normal climate respectively. It is seen, however, that the pay<br />

back time is fairly sensitive to the purchase price <strong>of</strong> the ABS. And if the<br />

purchase price goes below approximately 2000DKK/kW the ABS unit<br />

becomes pr<strong>of</strong>itable from day one since this is the same as an electrical air<br />

conditioner would cost.<br />

34

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