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Cost-effectiveness analysis of alternative water heater systems operating with unreliable water supplies

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  • Yurtsev, Arif
  • Jenkins, Glenn P.

Abstract

This paper reports on a cost-effectiveness analysis of four types of water heating systems operating in a situation where there is an unreliable water supply. These systems are electric water heating, a solar water heating system (SWHS) with electricity back-up, the SWHS with an LPG water heater, and an LPG water heater alone. It is found that in the conditions of North Cyprus, an SWHS with an LPG heater back-up is the most cost-effective, most convenient and most environmentally friendly system. The last two systems all have a cost per m3 of hot water that is approximately 50% of the cost of heating water by electricity. This study finds that in situations where there is a winter or cloudy season, the choice of the source of energy for SWHS׳s back-up during this period is critical for its overall cost-effectiveness. When a pressurized supply of water is available, the cost of heating water is reduced by 20% for the SWHS with LPG back-up and for the heating of water by the LPG heater alone.

Suggested Citation

  • Yurtsev, Arif & Jenkins, Glenn P., 2016. "Cost-effectiveness analysis of alternative water heater systems operating with unreliable water supplies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 54(C), pages 174-183.
    • Handle: RePEc:eee:rensus:v:54:y:2016:i:c:p:174-183
    DOI: 10.1016/j.rser.2015.10.001
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    Cited by:

    1. Acaroğlu, Hakan & Baykul, M. Celalettin, 2018. "Economic guideline about financial utilization of flat-plate solar collectors (FPSCs) for the consumer segment in the city of Eskisehir," Renewable and Sustainable Energy Reviews, Elsevier, vol. 81(P2), pages 2045-2058.
    2. Arif Yurtsev & Glenn P. Jenkins, 2019. "Assessment of the Impact on Household Welfare of Pressurized Potable Water Supply in Northern Cyprus," Development Discussion Papers 2019-03, JDI Executive Programs.
    3. Allouhi, A. & Benzakour Amine, M. & Buker, M.S. & Kousksou, T. & Jamil, A., 2019. "Forced-circulation solar water heating system using heat pipe-flat plate collectors: Energy and exergy analysis," Energy, Elsevier, vol. 180(C), pages 429-443.

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    More about this item

    Keywords

    Cost-effectiveness analysis; Water heater systems; Households; North Cyprus;
    All these keywords.

    JEL classification:

    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • R20 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - General

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