Environmental and economic impact of a new type of solar louvre thermal collector
Author(s) -
Asaad M. Abu-Zour,
Saffa Riffat
Publication year - 2006
Publication title -
international journal of low-carbon technologies
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.458
H-Index - 26
eISSN - 1748-1325
pISSN - 1748-1317
DOI - 10.1093/ijlct/1.3.217
Subject(s) - renewable energy , payback period , capital cost , fossil fuel , natural resource economics , environmental economics , solar energy , energy system , business , environmental science , economics , engineering , waste management , production (economics) , electrical engineering , macroeconomics
Environmental concerns, the limits of fossil fuel reserves and continued economic growth will create an increasing demand for non-polluting, stable and reliable energy systems. Renewable energy systems offer an alternative to conventional systems, but are intermittent in nature and are not yet capable of meeting energy demand. Their relatively high capital cost is the single greatest barrier to their uptake, but their lower operational and maintenance costs offer economic advantage over the long-term. This paper focuses on how the improvement of a renewable energy technology, in this case a solar louvre system, could reduce its payback period and so improve its market potential. Copyright , Manchester University Press.
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