Life cycle assessment (LCA) and life cycle cost (LCC) analysis model for a stand-alone hybrid renewable energy system

Abstract

Nowadays the biggest challenge for most organizations is a real and substantial application of sustainability through the measurement and comparability of results in order to satisfy the principles of sustainability of all the stakeholders. Definitively, it is necessary to pursue sustainability through the measurements of specific indicators and control the variables that influence the state of the economic, social and environmental issues. The aim of this paper is to contribute to the development of a comprehensive, yet practical and reliable tool for a systematic sustainability assessment, based on the Life Cycle Assessment (LCA) and the Analytic Hierarchy Process (AHP) to support decision makers in complex decision problems in the field of environmental sustainability. The results are applied to a novel compressed air energy storage system proposed as a suitable technology for the energy storage in a small scale stand-alone renewable energy power plant (photovoltaic power plant) that is designed to satisfy the energy demand of a radio base station for mobile telecommunications. The outcome is a dynamic analysis and iterative integrated sustainability assessment of corporate performance

Review of distributed generation (DG) system planning and optimisation techniques: Comparison of numerical and mathematical modelling methods

“…LCC is a precise and accurate approach of accounting for all cost components involved throughout the lifespan of DG energy system, including plant installation, maintenance and operation, ✓ ✓1 year -Onsite measurement of daily load schedule ofGampa and Das [269] equipment replacement, pollution control, waste disposal and other environmental impact control [285]. This economic indicator is more compatible for DG system economic feasibility study in life cycle perspective with coverage on ownership and operating costs [286].…”

Case Studies of Energy Storage with Fuel Cells and Batteries for Stationary and Mobile Applications

“…LCA has been already carried out on stationary energy-storage systems on both battery-based [40,41] and fuel cell-based systems [42][43][44]. The novelty of this study is given by a comparison between the two different solutions, sized for the same conditions for the stationary application.…”

Financial Appraisal of Small Hydro-Power Considering the Cradle-to-Grave Environmental Cost: A Case from Greece

“…On the other hand, the economic view is an essential part of renewable energy deployment and its progress, as the uncertain and variable characteristics of RES have an impact on risk assessment when making an investment [24,25]. Furthermore, with the increasing public consciousness about environmental issues, the process of designing renewable energy systems requires the alleviation of environmental problems as a prerequisite [26]. A method that is usually used to identify the environmental impacts and to determine the environmental criteria for sustainability assessment is LCA [27], a well-established environmental management tool [28,29], useful for sustainable decision making [30][31][32].…”