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Cost of Heating Pump Systems in Russia

Author

Listed:
  • Evgeniy Lopatin

    (Financial University under the Government of the Russian Federation, Moscow, Russia.)

Abstract

Based on the average standardized energy cost over the entire lifetime of the project, the possibility of choosing a heat pump installation using low-potential heat as a source of heat for an individual consumer is shown. As an example, to assess the economic performance of a heat pump installation in the Chelyabinsk region 6 variants of heat supply systems are considered, taking into account the climatic characteristics of the region for four types of individual houses. The results of the study showed that the most expensive in the Chelyabinsk Region is 100% heat supply because of a heat pump installation. In terms of the average standardized energy cost, the most attractive is the project with 50% heat supply from the heat pump installation. Comparative analysis of the results of the study with the data of the international assessment of the heating systems and costs of EU energy shows the similarity of the nature of the changes in the given indicators.

Suggested Citation

  • Evgeniy Lopatin, 2020. "Cost of Heating Pump Systems in Russia," International Journal of Energy Economics and Policy, Econjournals, vol. 10(3), pages 219-223.
    • Handle: RePEc:eco:journ2:2020-03-27
    as

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    References listed on IDEAS

    as
    1. Jaehyung An & Mikhail Dorofeev & Shouxian Zhu, 2020. "Development of Energy Cooperation between Russia and China," International Journal of Energy Economics and Policy, Econjournals, vol. 10(1), pages 134-139.
    2. Jo o Marcos Mott Pavanelli & Alexandre Toshiro Igari, 2019. "Institutional Reproduction and Change: An Analytical Framework for Brazilian Electricity Generation Choices," International Journal of Energy Economics and Policy, Econjournals, vol. 9(5), pages 252-263.
    3. Jaehyung An & Alexey Mikhaylov & Nikita Moiseev, 2019. "Oil Price Predictors: Machine Learning Approach," International Journal of Energy Economics and Policy, Econjournals, vol. 9(5), pages 1-6.
    4. Bansal, Ankit & Illukpitiya, Prabodh & Singh, Surendra P. & Tegegne, Fisseha, 2013. "Economic competitiveness of ethanol production from cellulosic feedstock in Tennessee," Renewable Energy, Elsevier, vol. 59(C), pages 53-57.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    renewable energy; aquatic resources; lower-grade heat; heat supply system; heat pump arrangement; energy saving;
    All these keywords.

    JEL classification:

    • C30 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - General
    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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