IIR document

Techno-economic analysis of chemical looping heat pumps based on the levelized cost of energy.

Author(s) : KIM J., ZHU M., OH J., BRAUN J. E., GROLL E. A., ZIVIANI D.

Type of article: IJR article

Summary

The chemical looping heat pump (CLHP) is a promising electrochemical heat pump technology due to high system efficiency, scalability, and use of low-to-zero Global Warming Potential (GWP) fluids. However, similar to other emerging HVAC&R technologies, there is a lack of direct comparison and discussion of economics between CLHPs and conventional vapor compression (VC) heat pumps. In this work, a generalized modeling framework to estimate the levelized cost of energy (LCOE) for space conditioning applications is used to assess the early-stage economic feasibility of CLHP. The LCOE consists of two components: levelized operating expenditures and levelized capital expenditures. These clarify the influence of key factors such as annual cooling and heating delivered and price of electricity. The simulations show that the LCOE of CLHP could be less than that of VC in the case of unit utilization of 30,000 kWh yr−1, operating current density of 0.4 A cm−2, and 30% performance improvements. This is despite the projected capital cost of CLHP is nearly 1.6 times higher than that of VC system.

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Pages: 273-286

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Details

  • Original title: Techno-economic analysis of chemical looping heat pumps based on the levelized cost of energy.
  • Record ID : 30033386
  • Languages: English
  • Source: International Journal of Refrigeration - Revue Internationale du Froid - vol. 170
  • Publication date: 2025/02
  • DOI: http://dx.doi.org/10.1016/j.ijrefrig.2024.11.032

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