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Heat pumps and their economics.

Number: pap. n. 3

Author(s) : PACHAI A. C.

Summary

Heat pumps have attracted a great deal of attention in different parts of the world. Energy prices are high, very high, at the moment and have been for quite a while. Energy prices have been high before, historically, but never this high and for as long as they have been over the past 5 years. This generates great pressure on production where heating and cooling make an essential part of the product price. Energy prices vary tremendously all over the world. It is therefore relevant to figure out the relationship between different price levels on electricity, oil and gas. This information can be gathered from different sources, but local high volume customers can get better prices than the ones stated in the tables available on the internet. In the past, heat pumps were mainly used for domestic heating using different energy sources. The industrial market has many other sources than the domestic market. New products are becoming available for production of water at temperatures as high as 90°C. The coefficient of performance is high thus ensuring a high return of investment. The price of energy is regulated in different ways in different countries. The challenge is to look at the system implementation and figure out how to get the most out of the heat pump and where it would make sense to use the technology.

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Pages: 7 p.

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Details

  • Original title: Heat pumps and their economics.
  • Record ID : 30007619
  • Languages: English
  • Subject: General information
  • Source: 5th Conference on Ammonia Refrigeration Technology. Proceedings: Ohrid, North Macedonia, May 9-11, 2013.
  • Publication date: 2013/05/09

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