Open AccessCost-Effectiveness of Energy Efficiency and Renewable Energy Technologies for Reducing Peak Demand
Author(s) -
Moncef Krarti,
Mohammad Aldubyan
Publication year - 2021
Language(s) - English
Resource type - Reports
DOI - 10.30573/ks--2021-dp20
Subject(s) - renewable energy , environmental economics , efficient energy use , electricity demand , electricity , stock (firearms) , peak demand , cost reduction , reduction (mathematics) , demand response , computer science , business , electricity generation , economics , engineering , power (physics) , mathematics , electrical engineering , mechanical engineering , physics , quantum mechanics , geometry , marketing
This paper describes an optimization-based approach to evaluate measures providing peak electricity demand reduction cost benefits for Saudi residential buildings. These measures can be categorized as energy efficiency (EE) and renewable energy (RE) measures. Specifically, this paper models the existing Saudi building stock using 56 housing prototypes based on types, vintages and locations.