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Sustainable district development: a case of thermoeconomic optimization of an energy hub

Author

Listed:
  • Alessandra Cuneo

    (University of Genova, Italy)

  • Mario Luigi Ferrari

    (University of Genova, Italy)

  • Alberto Traverso

    (University of Genova, Italy)

  • Aristide Fausto Massardo

    (University of Genova, Italy)

Abstract

Sustainable distric development requires innovative energy use solutions. The aim of this paper is to illustrate the operation of a real energy hub that can satisfy both thermal and electrical demands of a generic user. In particular, a specific case study developed around the smart grid of the University Campus of Savona (Italy), which just completed in 2014, is analysed. The grid includes different cogenerative prime movers and a storage system to manage the thermal load demand. Through a time-dependent thermo-economic hierarchical approach developed by the Authors, the work aims at optimizing the management strategy of the different prime movers to satisfy the energy demand, taking into proper account both the energetic and economic aspects. The analysis was carried out considering two different layouts, with and without a conventional stratified thermal storage, to evaluate the impact of this component in the management of the district.

Suggested Citation

  • Alessandra Cuneo & Mario Luigi Ferrari & Alberto Traverso & Aristide Fausto Massardo, 2014. "Sustainable district development: a case of thermoeconomic optimization of an energy hub," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 2(2), pages 74-85, December.
    • Handle: RePEc:ssi:jouesi:v:2:y:2014:i:2:p:74-85
    DOI: 10.9770/jesi.2014.2.2(3)
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    Cited by:

    1. Edouard Dezellus & Letícia Ferreira & Nélson Pereira & Rima Vasiliūnaitė, 2015. "Entrepreneurship conditions: energy resources’ Prices and energy consumprion peculiarities in developed countries," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 2(3), pages 163-170, March.
    2. Mohamed Ramadan A. Rezk & Haiam Helmy Ibrahim & Manuela Tvaronavičienė & Mahmoud M. Sakr & Leonardo Piccinetti & Leonardo Piccinetti, 2015. "Measuring innovations in Egypt: case of industry," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 3(1), pages 47-55, September.

    More about this item

    Keywords

    sustainable development; energy; smart grid; cogeneration; thermoeconomic optimization; thermal storage;
    All these keywords.

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General

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