Economic feasibility of an energy efficiency project for a steam distribution system in a chemical industry

Autor: Menezes, Flavia Melo, Góes, Maria de Fátima Barbosa, Kalid, Ricardo Araújo, Tanimoto, Armando Hirohumi, Andrade, José Célio Silveira
Jazyk: angličtina
Rok vydání: 2017
Předmět:
Zdroj: Repositório Institucional da UFBA
Universidade Federal da Bahia (UFBA)
instacron:UFBA
DOI: 10.14807/ijmp.v8i4.672
Popis: Submitted by Núcleo de Pós-Graduação Administração (npgadm@ufba.br) on 2018-04-25T18:20:44Z No. of bitstreams: 1 Economic feasibility of an energy efficiency project for a steam distribution system in a chemical industry.pdf: 192095 bytes, checksum: 7d817ab49978735976efac4f69dd4b3d (MD5) Approved for entry into archive by Maria Angela Dortas (dortas@ufba.br) on 2018-04-30T20:41:22Z (GMT) No. of bitstreams: 1 Economic feasibility of an energy efficiency project for a steam distribution system in a chemical industry.pdf: 192095 bytes, checksum: 7d817ab49978735976efac4f69dd4b3d (MD5) Made available in DSpace on 2018-04-30T20:41:22Z (GMT). No. of bitstreams: 1 Economic feasibility of an energy efficiency project for a steam distribution system in a chemical industry.pdf: 192095 bytes, checksum: 7d817ab49978735976efac4f69dd4b3d (MD5) Previous issue date: 2017 The burning of fossil fuels majorly contributes to the increase in global warming, and it represents 93% of greenhouse gases emissions in the chemical industry. Most of the energy demand in this sector is associated with steam systems, where 1/3 of the energy efficiency opportunities are located in its distribution system. However, most of the literature focuses on the design of new systems. Those that deal with existing systems, not always use simple and available methods. Furthermore, they address energy losses of steam systems only due to thermal insulation, ignoring those due to leakages of traps. Given this context, the purpose of this paper is to determine the economic feasibility of an energy efficiency project for a steam distribution system in a chemical industry, located in the metropolitan region of Salvador, Brazil. First, the energy lost in the steam distribution system through heat insulation and steam traps was estimated by applying thermodynamic principles, and technic consulting, respectively. Then, investments were estimated using commercial prices for new thermal insulation and steam traps. Finally, an economic evaluation of the improvement project was made, through the construction of a cash flow, and calculation of economic indicators: payback time, net present value (NPV), and internal rate of return (IRR). Economic indicators showed that the project is economically viable. The NPV and IRR reached approximately 5 million reais, and 66% per year, respectively. Additionally, this project also had social and environmental benefits, such as a reduction in greenhouse gases emissions, and increased local water availability.
Databáze: OpenAIRE