Cost-determining factors Sample Clauses

Cost-determining factors. Thermal energy storage techniques as described in Chapter 3 always consist of a number of main components. The components applied vary greatly for each storage technique. The costs of these components in turn are determined by different factors, such as flow and capacity. In other words, the cost-determining factors per storage technique vary greatly. Besides the differences in main components, there are more differences between projects with long-term storage: - operation: thermal efficiency; - implementation method: with/without dividing heat exchanger; - temperature range: heat or cold storage. Together with cost variations per country, for example fuel and labour costs, the above differences give rise to an obscure cost composition. Therefore, it is impossible to compare the storage techniques by means of one relationship alone (costs/storage capacity). In this chapter, the cost build-up of each storage technique is analyzed. Which components are cost-determining, how the costs of these components vary, and what causes them, are indicated. Causes are considered such factors as geological conditions, site conditions, energy volume, energetic capacity, and so forth. In this chapter different currencies have been used; a conversion rates are given in table 4.1. Table 4.1 Currency conversion rates currency ECU* Dutch guilders 0.46 German Marks 0.52 Canadian Dollars 0.67 Swedish Crowns 0.11 American Dollars 0.89 France Francs 0.16 UK Pound Sterling 1.27 * based on exchange rates Amsterdam Currency Exchange Market, December 1993.
Sample 1
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