Is Renewable Heat Incentive the future?

RENEWABLE & SUSTAINABLE ENERGY REVIEWS

卷:26

Review

Abu-Bakar, Siti Hawa^1,2  Muhammad-Sukki, Firdaus^1,3  Ramirez-Iniguez, Roberto¹  Mallick, Tapas Kumar⁴  McLennan, Campbell⁵  Munir, Abu Bakar⁶  Yasin, Siti Hajar Mohd⁷  Rahim, Ruzairi Abdul⁸ 

[1] Glasgow Caledonian Univ, Sch Engn & Built Environm, Glasgow G4 0BA, Lanark, Scotland

[2] Univ Kuala Lumpur, British Malaysian Inst, Gombak 53100, Selangor, Malaysia

[3] Multimedia Univ, Fac Engn, Cyberjaya 63100, Selangor, Malaysia

[4] Univ Exeter, Coll Engn Math & Phys Sci, Penryn TR10 9EZ, Cornwall, England

[5] AES Ltd, Forres IV36 1AU, Scotland

[6] Univ Malaya, Fac Law, Kuala Lumpur 50603, Malaysia

[7] Univ Teknol MARA, Fac Law, Shah Alam 40450, Malaysia

[8] Univ Teknol Malaysia, Fac Elect Engn, Utm Skudai 81300, Johor, Malaysia

关键词: Solar energy;    Solar thermal system;    Renewable heat incentive;   

DOI  :  10.1016/j.rser.2013.05.044

来源: Elsevier

【 摘 要 】

This paper focuses on the renewable heat incentive (RHI) scheme in the United Kingdom (UK); and in particular, on its implications in relation to solar thermal systems (STSs). First, a short review on the UK's energy demand is provided. Then, an overview of the past and present activities related to STS installations is discussed, covering regulation, policies and programmes, research and development expenditures and implementations. A financial analysis is presented afterwards, analysing the RHI scheme, in terms of total profit, payback period and average annual return on investment. This is based on installations of different sizes and at various levels of solar insolation. The analysis also presents the reduction of carbon dioxide emissions that could be achieved by installing an STS. From the financial analysis it is found that the RHI scheme could generate a good total profit, a high average annual return on the investment and an 'acceptable' payback period, depending on locations. As a result, it could increase the penetration of solar thermal systems in the UK. Significant reductions of carbon dioxide emission can also be achieved by installing an STS on a building. (C) 2013 Elsevier Ltd. All rights reserved.

【 授权许可】

Free