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Evaluation of Economic Justification of using Geothermal Heat Pumps for Ventilation (Case study: Building of Agriculture Jahad Organization of Hormozgan Province)

Journal Name:

  • International Journal of Science and Engineering Investigations

Publication Year:

  • 2013

Key Words:

Author NameUniversity of Author
Abstract (2. Language): 
Limitations of fossil resources and high level of contamination of these materials has made important renewable energy, including geothermal energy. The goal of this paper is evaluation of economic adjustment of usage of geothermal energy (heat pump) to cool building of Agriculture Jahad Organization of Hormozgan Province, Iran. Therefore, within the estimate of costs and benefits of project, the economic evaluation for use of heat pump system has been conducted through three methods of Net Present Value (NPV), Service life Standard (SL) and period of payback (POP). The results show that using geothermal heat pumps for this building is not economical now.
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REFERENCES

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