Improvement of Methods for Evaluating the Cost-effectiveness of Energy Systems Projects
Abstract
Abstract:
The relevance of the study stems from the need to find efficient project solutions for the development of energy systems based on alternative energy sources. For this task, it is necessary to identify trends in energy saving, availability of energy sources, constraints and risks associated with them, as well as to outline principles ensuring accurate account of all the factors determining the efficiency of energy systems in modern conditions.
This article presents findings of the authors’ research on theoretical and practical issues of project management related to the creation of energy systems using renewable energy sources. The article considers methodological provisions that set approaches to the evaluation of the efficiency of energy systems projects. Besides, it proposes a model for estimating economic efficiency which takes into account specifics of prospects of a particular primary energy source. The authors studied renewable energy sources and determined the factors that are and will be important for their future use.
The materials presented in this article are of practical value to scientists engaged in the assessment of the cost-effectiveness of projects for energy systems creation, as well as to large industrial complexes.
References
[2] Cutler, J.C. 2005. Net energy from the extraction of oil and gas in the United States. Energy, 30: 769-782.
[3] Goloskokov, A.N. 2011. Criteria for comparing the efficiency of traditional and alternative energy. Electronic Scientific Journal Oil and Gas Business, 1: 285-299. Available at: http://www.ogbus.ru/authors/Goloskokov/ Goloskokov_5.pdf
[4] Gudzenko, V.T. 2013. Information review of unconventional sources of hydrocarbons. Geology, Geophysics and Development of Oil and Gas Fields, 7: 30-36.
[5] Kotov, D.V. 2014. Ways to improve the efficiency of fuel and energy complex in the conditions of alternative energy development. Electronic Scientific Journal Oil and Gas Engineering, 12(1): 183-189.
[6] Kotov, D.V. 2015. Economic Challenges and Alternative Energy Prospects: Monograph: Ufa. Ufa State Petroleum Technological University, 135 p.
[7] Lokurlu, A., et al. 2003. Fuel Cells for Mobile and Stationary Applications–Cost Analysis for Combined Heat and Power Stations on the Basis of Fuel Cells. International Journal of Hydrogen Energy, 28: 703-711.
[8] Martin, N., et al. 2000. Emerging Energy-Efficient Industrial Technologies, Lawrence Berkeley National Laboratory. American Council for an Energy-Efficient Economy, Report No. LBNL-46990, Berkeley, CA/Washington, DC.
[9] Mastepanov, A.M., Saenko, V.V., Shafranik, Y.K. 2001. Economy and Power Industry of Regions. Moscow. Economics. 476 p.
[10] McKane, A., et al. 2005. Creating a Standards Framework for Sustainable Industrial Energy Efficiency, Proceedings of EEMODS 05, Heidelberg, 5-8 September.
[11] Murphy, D.J., Hall, C.A. 2010. Year in Review – EROI or Energy Return on (energy) Invested. Ann. N.Y. Acad. Sci. 1185. 102-118 p.
[12] Muslimov, A.D. 2010. Unconventional and alternative sources of energy: prospects for development. Rational Development of Mineral Resources, 1: 46-52.
[13] Safronov, A.F., Sokolov, A.N., Chernenko, V.B. 2011. Calculating EROEI through the example of Srednevilyuiskoye GCF development. Electronic Scientific Journal Oil and Gas Engineering. 6: 197-209.
[14] Schepp, C., Nicol, J. 2005. Key Best Practices for Process Energy Use in Four Energy Intensive Industries, ACEEE Summer Study on Energy Efficiency in Industry, ACEEE, Washington DC.
[15] Shkradyuk, I.E. 2010. Trends in the Development of Renewable Energy in Russia and the World. Moscow, WWF Russia. 88p.
Copyright© 2024 The Author(s). Published by ASERS Publishing 2024. This is an open access article distributed under the terms of CC-BY 4.0 license.