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Article

An Economic and Environmental Assessment Model for Selecting the Optimal Implementation Strategy of Fuel Cell Systems—A Focus on Building Energy Policy

Department of Architectural Engineering, Yonsei University, Seoul 120-749, Korea
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Energies 2014, 7(8), 5129-5150; https://doi.org/10.3390/en7085129
Received: 24 May 2014 / Revised: 8 July 2014 / Accepted: 5 August 2014 / Published: 12 August 2014
(This article belongs to the Special Issue Energy Efficient Building Design and Operation 2014)
Considerable effort is being made to reduce the primary energy consumption in buildings. As part of this effort, fuel cell systems are attracting attention as a new/renewable energy systems for several reasons: (i) distributed generation system; (ii) combined heat and power system; and (iii) availability of various sources of hydrogen in the future. Therefore, this study aimed to develop an economic and environmental assessment model for selecting the optimal implementation strategy of the fuel cell system, focusing on building energy policy. This study selected two types of buildings (i.e., residential buildings and non-residential buildings) as the target buildings and considered two types of building energy policies (i.e., the standard of energy cost calculation and the standard of a government subsidy). This study established the optimal implementation strategy of the fuel cell system in terms of the life cycle cost and life cycle CO2 emissions. For the residential building, it is recommended that the subsidy level and the system marginal price level be increased. For the non-residential building, it is recommended that gas energy cost be decreased and the system marginal price level be increased. The developed model could be applied to any other country or any other type of building according to building energy policy. View Full-Text
Keywords: fuel cell system; molten carbonate fuel cell (MCFC); life cycle cost; life cycle CO2; building energy policy; different type of buildings fuel cell system; molten carbonate fuel cell (MCFC); life cycle cost; life cycle CO2; building energy policy; different type of buildings
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MDPI and ACS Style

Kim, D.; Kim, J.; Koo, C.; Hong, T. An Economic and Environmental Assessment Model for Selecting the Optimal Implementation Strategy of Fuel Cell Systems—A Focus on Building Energy Policy. Energies 2014, 7, 5129-5150. https://doi.org/10.3390/en7085129

AMA Style

Kim D, Kim J, Koo C, Hong T. An Economic and Environmental Assessment Model for Selecting the Optimal Implementation Strategy of Fuel Cell Systems—A Focus on Building Energy Policy. Energies. 2014; 7(8):5129-5150. https://doi.org/10.3390/en7085129

Chicago/Turabian Style

Kim, Daeho; Kim, Jimin; Koo, Choongwan; Hong, Taehoon. 2014. "An Economic and Environmental Assessment Model for Selecting the Optimal Implementation Strategy of Fuel Cell Systems—A Focus on Building Energy Policy" Energies 7, no. 8: 5129-5150. https://doi.org/10.3390/en7085129

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