Search

In response to technological advances, environmental concerns, and the depletion of conventional energy sources, the world is increasingly focusing on renewable energy sources (RES) as a means of generating electricity in a more sustainable and environmentally friendly manner. Türkiye, with its advantageous geographical location, long hours of sunshine, and favourable climatic conditions, has a high potential for the use of solar energy. The objective of this study was to identify an energy system that minimizes investment costs while optimizing the levelized cost of energy (LCOE) and minimizing greenhouse-gas (GHG) and carbon dioxide emissions. To achieve this, the study used the concept of nanogrids (NGs) and carried out different evaluations for electric vehicle charging stations (EVCS) at different energy levels connected to the grid. The research focused on classic apartment buildings and multistory condominium-style buildings in Istanbul, Türkiye. Using HOMER Grid 1.11.1 version software, the study identified two optimal configurations: a PV–GRID system with 7 kW photovoltaic capacity and a PV–WT–GRID system with 90 kW PV capacity and 6 kW wind-turbine capacity. These configurations had a significantly lower LCOE compared to the cost of electricity from the conventional grid. When examining the sensitivity to economic factors, it was observed that the net present cost (NPC) and LCOE values fluctuated with electricity prices, inflation rates, and equipment costs. In particular, the two optimal configurations did not include a battery energy-storage system (BESS) due to the low energy demand in the PV–GRID system and the efficiency of the wind turbines in the PV–WT–GRID system. This highlights the need to tailor energy solutions to specific consumption patterns and resource types. In conclusion, the adoption of PV–GRID and PV–WT–GRID systems in Istanbul's urban buildings demonstrates economic viability and environmental benefits, highlighting the importance of renewable energy sources, particularly solar PV, in mitigating energy-related environmental challenges, such as reducing CO2 emissions and reducing dependence on conventional grid electricity. [ABSTRACT FROM AUTHOR]

Rapidly declining costs of renewable energy technologies have made solar and wind the cheapest sources of energy in many parts of the world. This has been seen primarily as enabling the rapid decarbonization of the electricity sector, but low-cost, low-carbon energy can have a great secondary impact by reducing the costs of energy-intensive decarbonization efforts in other areas. In this study, we consider, by way of an exemplary carbon capture and utilization cycle based on mature technologies, the energy requirements of the "industrial carbon cycle", an emerging paradigm in which industrial CO2 emissions are captured and reprocessed into chemicals and fuels, and we assess the impact of declining renewable energy costs on overall economics of these processes. In our exemplary process, CO2 is captured from a cement production facility via an amine scrubbing process and combined with hydrogen produced by a solar-powered polymer electrolyte membrane, using electrolysis to produce methanol. We show that solar heat and electricity generation costs currently realized in the Middle East lead to a large reduction in the cost of this process relative to baseline assumptions found in published literature, and extrapolation of current energy price trends into the near future would bring costs down to the level of current fossil-fuel-based processes. [ABSTRACT FROM AUTHOR]

As a result of widespread mortality from beetle infestation in the forests of the western United States, there are substantial stocks of biomass suitable as a feedstock for energy production. This study explored the financial viability of four production pathway scenarios for the conversion of beetle-killed pine to bioenergy and bioproducts in the Rocky Mountains. Monte Carlo simulation using data obtained from planned and existing projects was used to account for uncertainty in key technoeconomic variables and to provide distributions of project net present value (NPV), as well as for sensitivity analysis of key economic and production variables. Over a 20-year project period, results for base case scenarios reveal mean NPV ranging from a low of -$8.3 million for electric power production to a high of $76.0 million for liquid biofuel with a biochar co-product. However, under simulation, all scenarios had conditions resulting in both positive and negative NPV. NPV ranged from -$74.5 million to $51.4 million for electric power, and from -$21.6 million to $246.3 million for liquid biofuels. The potential effects of economic trends and public policies that aim to promote renewable energy and biomass utilization are discussed for each production pathway. Because the factors that most strongly affect financial viability differ across projects, the likely effects of particular types of policies are also shown to vary substantially. [ABSTRACT FROM AUTHOR]

Italy is a leading country in the biogas sector. Energy crops and manure are converted into biogas using anaerobic digestion and, then, into electricity using internal combustion engines (ICEs). Therefore, there is an urgent need for improving the efficiency of these engines taking the real operation into account. To this purpose, in the present work, the organic Rankine cycle (ORC) technology is used to recover the waste heat contained in the exhaust gases of a 1 MWel biogas engine. The ICE behavior being affected by the biogas characteristics, the ORC unit is designed, firstly, using the ICE nameplate data and, then, with data measured during a one-year monitoring activity. The optimum fluid and the plant configuration are selected in both cases using an "in-house" optimization tool. The optimization goal is the maximization of the net electric power while the working fluid is selected among 115 pure fluids and their mixtures. Results show that a recuperative ORC designed using real data guarantees a 30% higher net electric power than the one designed with ICE nameplate conditions. [ABSTRACT FROM AUTHOR]