Cost-effectiveness Analysis on Measures to Improve China's Coal-fired Industrial Boiler

Journal Article · Sat Aug 01 00:00:00 EDT 2015 · Energy Procedia (Online)

DOI:https://doi.org/10.1016/j.egypro.2015.07.330· OSTI ID:1213693

Liu, Manzhi ^[1]; Shen, Bo ^[2]; Han, Yafeng ^[3]; Price, Lynn ^[2]; Xu, Mingchao ^[4]

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1. China Univ. of Mining and Technology, Xuzhou Jiangsu (China). School of Management; Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States). China Energy Group
2. Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States). China Energy Group
3. Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States). China Energy Group; Xi'an Jiaotong Univ., Xi'an Shanxi (China). School of Economics and Finance
4. Lawrence Berkeley National Laboratory, CA (United States). China Energy Group; China Energy Conservation and Environmental Protection Group, Beijing (China)

Tackling coal-burning industrial boiler is becoming one of the key programs to solve the environmental problem in China. Assessing the economics of various options to address coal-fired boiler is essential to identify cost-effective solutions. This paper discusses our work in conducting a cost-effectiveness analysis on various types of improvement measures ranging from energy efficiency retrofits to switch from coal to other fuels in China. Sensitivity analysis was also performed in order to understand the impacts of some economic factors such as discount rate and energy price on the economics of boiler improvement options. The results show that nine out of 14 solutions are cost-effective, and a lower discount rate and higher energy price will result in more energy efficiency measures being cost-effective. Both monetary and non-monetary barriers to energy-efficiency improvement are discussed and policies to tackle these barriers are recommended. Our research aims at providing a methodology to assess cost-effective solutions to boiler problems.

• Research Organization: Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)
• Sponsoring Organization: USDOE
• Grant/Contract Number: AC02-05CH11231
• OSTI ID: 1213693
• Journal Information: Energy Procedia (Online), Vol. 75, Issue C; Conference: The 7th International Conference on Applied Energy; ISSN 1876-6102
• Publisher: Elsevier
• Country of Publication: United States
• Language: English

Related Subjects

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
01 COAL, LIGNITE, AND PEAT
Energy efficiency improvement
fuel switch
cost-effectiveness
coal-fired boiler
China