Preliminary Techno–Environment–Economic Evaluation of an Innovative Hybrid Renewable Energy Harvester System for Residential Application

A technical, environmental, and economic feasibility study for a patented hybrid renewable energy harvester system for residential application is conducted in this paper. This system can be mounted on top of an existing residential building to provide electricity from renewable sources. The system i...

Full description

Bibliographic Details
Main Authors: Wang, Xiao Hang, Chong, Wen Tong, Wong, Kok Hoe, Lai, Sai Hin, Saw, Lip Huat, Xiang, Xianbo, Wang, Chin Tsan
Format: Article
Published: MDPI 2019
Subjects:
_version_ 1825722012078702592
author Wang, Xiao Hang
Chong, Wen Tong
Wong, Kok Hoe
Lai, Sai Hin
Saw, Lip Huat
Xiang, Xianbo
Wang, Chin Tsan
author_facet Wang, Xiao Hang
Chong, Wen Tong
Wong, Kok Hoe
Lai, Sai Hin
Saw, Lip Huat
Xiang, Xianbo
Wang, Chin Tsan
author_sort Wang, Xiao Hang
collection UM
description A technical, environmental, and economic feasibility study for a patented hybrid renewable energy harvester system for residential application is conducted in this paper. This system can be mounted on top of an existing residential building to provide electricity from renewable sources. The system is characterized by its V-shaped roof guide vane (VRGV) that directs and augments airflow into the wind turbine, to enhance the rotational and power generation performance of the wind turbines in low wind speed areas. Furthermore, the VRGV increases the installation area for the solar photovoltaic panels and expand the rainwater collection area for the building, and facilitates natural ventilation and prevents excessive solar radiation into the room. The environment-economic evaluation of the system is conducted based on the life-cycle cost (LCC) in terms of low carbon and economic cost-effectiveness. The evaluation of the system with dimensions of 15 m (L) × 16 m (W) × 17.05 m (H) showed that the annual energy generated is 21.130 MWh. Annual low-carbon benefit of the system is estimated to be 11.894 t. The cumulative net present value (NPV) of the system in the life cycle time (20 years) is $52,207.247, with the consideration of a discount rate of 8%; also, the cash flow breakeven occurs in the 11th year. It is important to note that the carbon payback period (CPP) of the system is five years. © 2019 by the authors.
first_indexed 2024-03-06T05:59:07Z
format Article
id um.eprints-23181
institution Universiti Malaya
last_indexed 2024-03-06T05:59:07Z
publishDate 2019
publisher MDPI
record_format dspace
spelling um.eprints-231812019-12-02T09:18:58Z http://eprints.um.edu.my/23181/ Preliminary Techno–Environment–Economic Evaluation of an Innovative Hybrid Renewable Energy Harvester System for Residential Application Wang, Xiao Hang Chong, Wen Tong Wong, Kok Hoe Lai, Sai Hin Saw, Lip Huat Xiang, Xianbo Wang, Chin Tsan TA Engineering (General). Civil engineering (General) TJ Mechanical engineering and machinery A technical, environmental, and economic feasibility study for a patented hybrid renewable energy harvester system for residential application is conducted in this paper. This system can be mounted on top of an existing residential building to provide electricity from renewable sources. The system is characterized by its V-shaped roof guide vane (VRGV) that directs and augments airflow into the wind turbine, to enhance the rotational and power generation performance of the wind turbines in low wind speed areas. Furthermore, the VRGV increases the installation area for the solar photovoltaic panels and expand the rainwater collection area for the building, and facilitates natural ventilation and prevents excessive solar radiation into the room. The environment-economic evaluation of the system is conducted based on the life-cycle cost (LCC) in terms of low carbon and economic cost-effectiveness. The evaluation of the system with dimensions of 15 m (L) × 16 m (W) × 17.05 m (H) showed that the annual energy generated is 21.130 MWh. Annual low-carbon benefit of the system is estimated to be 11.894 t. The cumulative net present value (NPV) of the system in the life cycle time (20 years) is $52,207.247, with the consideration of a discount rate of 8%; also, the cash flow breakeven occurs in the 11th year. It is important to note that the carbon payback period (CPP) of the system is five years. © 2019 by the authors. MDPI 2019 Article PeerReviewed Wang, Xiao Hang and Chong, Wen Tong and Wong, Kok Hoe and Lai, Sai Hin and Saw, Lip Huat and Xiang, Xianbo and Wang, Chin Tsan (2019) Preliminary Techno–Environment–Economic Evaluation of an Innovative Hybrid Renewable Energy Harvester System for Residential Application. Energies, 12 (8). p. 1496. ISSN 1996-1073, DOI https://doi.org/10.3390/en12081496 <https://doi.org/10.3390/en12081496>. https://doi.org/10.3390/en12081496 doi:10.3390/en12081496
spellingShingle TA Engineering (General). Civil engineering (General)
TJ Mechanical engineering and machinery
Wang, Xiao Hang
Chong, Wen Tong
Wong, Kok Hoe
Lai, Sai Hin
Saw, Lip Huat
Xiang, Xianbo
Wang, Chin Tsan
Preliminary Techno–Environment–Economic Evaluation of an Innovative Hybrid Renewable Energy Harvester System for Residential Application
title Preliminary Techno–Environment–Economic Evaluation of an Innovative Hybrid Renewable Energy Harvester System for Residential Application
title_full Preliminary Techno–Environment–Economic Evaluation of an Innovative Hybrid Renewable Energy Harvester System for Residential Application
title_fullStr Preliminary Techno–Environment–Economic Evaluation of an Innovative Hybrid Renewable Energy Harvester System for Residential Application
title_full_unstemmed Preliminary Techno–Environment–Economic Evaluation of an Innovative Hybrid Renewable Energy Harvester System for Residential Application
title_short Preliminary Techno–Environment–Economic Evaluation of an Innovative Hybrid Renewable Energy Harvester System for Residential Application
title_sort preliminary techno environment economic evaluation of an innovative hybrid renewable energy harvester system for residential application
topic TA Engineering (General). Civil engineering (General)
TJ Mechanical engineering and machinery
work_keys_str_mv AT wangxiaohang preliminarytechnoenvironmenteconomicevaluationofaninnovativehybridrenewableenergyharvestersystemforresidentialapplication
AT chongwentong preliminarytechnoenvironmenteconomicevaluationofaninnovativehybridrenewableenergyharvestersystemforresidentialapplication
AT wongkokhoe preliminarytechnoenvironmenteconomicevaluationofaninnovativehybridrenewableenergyharvestersystemforresidentialapplication
AT laisaihin preliminarytechnoenvironmenteconomicevaluationofaninnovativehybridrenewableenergyharvestersystemforresidentialapplication
AT sawliphuat preliminarytechnoenvironmenteconomicevaluationofaninnovativehybridrenewableenergyharvestersystemforresidentialapplication
AT xiangxianbo preliminarytechnoenvironmenteconomicevaluationofaninnovativehybridrenewableenergyharvestersystemforresidentialapplication
AT wangchintsan preliminarytechnoenvironmenteconomicevaluationofaninnovativehybridrenewableenergyharvestersystemforresidentialapplication