In this work an economical evaluation that established the viability of a low enthalpy geothermal resource as an energy source in north Africa is presented. The factors considered included the payback period, average rate of return, net present value, and net benefit-cost ratio. The model was based on utilising the energy source to energise four models that comprised thermal equipment consisting of water/air cooled single/half effect lithium bromide water mixture absorption chillers and an R-245fa organic Rankine cycle. These modelled cycles were based on the energy demand for Waddan city a community in southern Libya which has a demand for combined cooling/electricity only or cooling/electricity with district hot water supply. The results revealed that all of the proposed simulated stand-alone models, except the water-cooled half effect chiller, are not economically viable unless they are heavily subsidized or combined with the district hot water supply at least in the winter season.
|Journal||Journal of Energy and Power Engineering|
|Publication status||Published - 2012|