IDEAS home Printed from https://ideas.repec.org/a/hin/jnlmpe/9180774.html
   My bibliography  Save this article

Rapid Identification of Economic Indicators of Integrated Energy Systems Based on Data Analysis

Author

Listed:
  • Wei He
  • Haicheng Lu
  • Yingfang Liu
  • Guang Chen
  • Zishuo Huang
  • Yang Li

Abstract

The construction of integrated energy systems has received widespread attention. In addition to system design and operating optimization, clarifying the internal relationship between the project’s own characteristics and its economic indicators is also important for high-value project selection and implementation. Based on various energy prices and the climatic characteristics of typical cities, 60 integrated energy supply projects in 4 typical cities were used as a case study, and the cold and heat source system solutions with the shortest investment payback period for each project were calculated through a system optimization model. We calculated the correlation coefficient between the initial investment of system equipment, annual energy supply, annual energy sales revenue, annual equivalent full-load energy supply hours, initial equipment investment indicators for annual unit energy supply, and the project’s static investment payback period. The key factors affecting the static investment payback period of the project were identified. The results show that, under the optimal system scheme, even for buildings of the same type in the same area, the economic indicators of different integrated energy projects are still quite different. Under the current design, operation, and operation conditions, load distribution is the decisive factor for the economic feasibility of the project. The static investment payback period of the project can be quickly calculated based on the equivalent full-load energy supply hours of the project throughout the year. Compared with the current numerical and system dynamics model for point-to-point single system optimizing modeling, the proposed statistical regression model can help reveal the main factors of integrated energy system’s economically feasible.

Suggested Citation

  • Wei He & Haicheng Lu & Yingfang Liu & Guang Chen & Zishuo Huang & Yang Li, 2022. "Rapid Identification of Economic Indicators of Integrated Energy Systems Based on Data Analysis," Mathematical Problems in Engineering, Hindawi, vol. 2022, pages 1-13, February.
  • Handle: RePEc:hin:jnlmpe:9180774
    DOI: 10.1155/2022/9180774
    as

    Download full text from publisher

    File URL: http://downloads.hindawi.com/journals/mpe/2022/9180774.pdf
    Download Restriction: no

    File URL: http://downloads.hindawi.com/journals/mpe/2022/9180774.xml
    Download Restriction: no

    File URL: https://libkey.io/10.1155/2022/9180774?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hin:jnlmpe:9180774. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mohamed Abdelhakeem (email available below). General contact details of provider: https://www.hindawi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.