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Table A10 Cost parameters for shallow* geothermal heating and cooling in 2005 (excluding VAT) with projections to 2030** Data for base year 2005 Extrapolation to 2030 Minimum Average Maximum Unit Investment cost 200 500 1 150 2005€/kWth -15% Share investment cost for - heating 67 67 67 % 0% - cooling 33 33 33 % 0% Coefficient of performance*** 3 4 5 +33% Auxiliary energy needed for - heating 240 500 930 kWhe/kW/yr 0% - cooling 120 325 670 kWhe/kW/yr 0% Cost of auxiliary energy 0.05 0.15 0.2 2005€/kWhe +25% O&M 4 9 15 2005€/kWth/yr -15% Full load hours hrs/yr 0% - heating**** 1 200 2 000 2 800 - cooling**** 600 1 300 2 000 hrs/yr 0% Life of plant 20 25 30 yr +20% Interest rate 5 10 15 %/yr +10% Investment - heating-related - cooling-related Annuity Annual investment payment - heating-related -cooling Annual auxiliary energy cost - heating -cooling Annual O&M cost Energy produced per year - heating - cooling 333 767 167 383 6.5 11.0 16.0 9 37 122 4 18 61 12 75 187 6 49 133 2005€/kWth 2005€/kWth %/yr 2005€/kWth/yr 2005€/kWth/yr 2005€/kWth/yr 2005€/kWth/yr 2005€/kWth/yr kWhth/kW/yr kWhth/kW/yr 133 67 4 1 200 600 9 2 000 1 300 15 2 800 2 000 133 Total energy cost heating - investment 0.9 5 28 2005€/GJ -16% to -10% - fuel 0.0 0 0 2005€/GJ 0% - auxiliary energy 1.2 10 43 2005€/GJ -25% - O&M 0.4 1 3 2005€/GJ -15% Total - heating 2.4 17 75 2005€/GJ -20% to -19% Total energy cost cooling - investment 0.6 4 28 2005€/GJ -16% to -10% - fuel 0.0 0 0 2005€/GJ 0% - auxiliary energy 0.8 10 62 2005€/GJ -25% - O&M 0.6 2 7 2005€/GJ -15% –Total - cooling 2.0 16 97 2005€/GJ -21% to -19% *The other major shallow direct uses not included here are bathing/swimming pools (30.4% of total direct use) and non-district space heating (3.4%). **Covers worldwide systems for the base year 2005, and projected relative differences by 2030. Neither a reference system nor avoided costs due to fuel savings are incorporated. Installation costs are included but heat distribution costs are not. *** Assumed geothermal heat pumps only and higher COPs for future technologies. **** Assumed 1200 hrs/yr for USA; 2000 hr for Europe; 2 800 hr for northern Europe and Canada. Output data Intermediate results Input dataPDF Image | RENEWABLES FOR HEATING AND COOLING
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