Cost-benefit analysis of energy efficiency system for homes and buildings

Energy efficiency system, often incorporating efficient cooling, lighting and other clean energy technologies, is an innovative approach to reduce energy consumption in the provision of a given good or service. This report focuses on the development of a cost-benefit analysis model, which is used to...

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Bibliographic Details
Main Author: Zheng, Xi
Other Authors: So Ping Lam
Format: Final Year Project (FYP)
Language:English
Published: 2015
Subjects:
Online Access:http://hdl.handle.net/10356/64317
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author Zheng, Xi
author2 So Ping Lam
author_facet So Ping Lam
Zheng, Xi
author_sort Zheng, Xi
collection NTU
description Energy efficiency system, often incorporating efficient cooling, lighting and other clean energy technologies, is an innovative approach to reduce energy consumption in the provision of a given good or service. This report focuses on the development of a cost-benefit analysis model, which is used to conduct a primary cost-benefit analysis for the desired energy efficiency implementation, in LabVIEW environment. Between the two cases of Homes and Buildings, the latter one is primarily meant to be small offices in this project; Algorithms are devised to be applied accommodate both with little alternation on the input data. To be more specific, the model includes three main components namely ‘Air-conditioner’, ‘Lighting’ and ‘Other Appliances’ to conduct accurate analysis under each sector. A ‘Financial Analysis’- module is also included to generate an overview of the entire energy efficiency implementation. This new development possesses appealing user interface, RETScreen-compliant algorithms and easy-to-update reference data module, compared with previous initiatives developed by other students. In short, this development is able to perform insightful analysis on energy efficiency system from a home owner’s perspective.
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spelling ntu-10356/643172023-07-07T16:27:16Z Cost-benefit analysis of energy efficiency system for homes and buildings Zheng, Xi So Ping Lam School of Electrical and Electronic Engineering DRNTU::Engineering::Electrical and electronic engineering Energy efficiency system, often incorporating efficient cooling, lighting and other clean energy technologies, is an innovative approach to reduce energy consumption in the provision of a given good or service. This report focuses on the development of a cost-benefit analysis model, which is used to conduct a primary cost-benefit analysis for the desired energy efficiency implementation, in LabVIEW environment. Between the two cases of Homes and Buildings, the latter one is primarily meant to be small offices in this project; Algorithms are devised to be applied accommodate both with little alternation on the input data. To be more specific, the model includes three main components namely ‘Air-conditioner’, ‘Lighting’ and ‘Other Appliances’ to conduct accurate analysis under each sector. A ‘Financial Analysis’- module is also included to generate an overview of the entire energy efficiency implementation. This new development possesses appealing user interface, RETScreen-compliant algorithms and easy-to-update reference data module, compared with previous initiatives developed by other students. In short, this development is able to perform insightful analysis on energy efficiency system from a home owner’s perspective. Bachelor of Engineering 2015-05-26T02:16:27Z 2015-05-26T02:16:27Z 2015 2015 Final Year Project (FYP) http://hdl.handle.net/10356/64317 en Nanyang Technological University 77 p. application/pdf
spellingShingle DRNTU::Engineering::Electrical and electronic engineering
Zheng, Xi
Cost-benefit analysis of energy efficiency system for homes and buildings
title Cost-benefit analysis of energy efficiency system for homes and buildings
title_full Cost-benefit analysis of energy efficiency system for homes and buildings
title_fullStr Cost-benefit analysis of energy efficiency system for homes and buildings
title_full_unstemmed Cost-benefit analysis of energy efficiency system for homes and buildings
title_short Cost-benefit analysis of energy efficiency system for homes and buildings
title_sort cost benefit analysis of energy efficiency system for homes and buildings
topic DRNTU::Engineering::Electrical and electronic engineering
url http://hdl.handle.net/10356/64317
work_keys_str_mv AT zhengxi costbenefitanalysisofenergyefficiencysystemforhomesandbuildings