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Institutional heating systems (office buildings or schools, for example) can use low-grade, inexpensive bunker fuel to run their heating plants, but capital cost is high compared to more easily managed liquid fuels. Natural gas is a widespread heating fuel in North America and northern Europe. Gas burners are automatically controlled and ...
The heating value of a fuel is the amount of heat released during an exothermic reaction (e.g., combustion) and is a characteristic of each substance. It is measured in units of energy per unit of the substance, usually mass, such as: kJ/kg, J/mol.
In some areas electrical resistance heating is used, especially where the cost of electricity is low or the primary purpose is for air conditioning. Modern high-efficiency furnaces can be up to 98% efficient and operate without a chimney, with a typical gas furnace being about 80% efficient. [1]
High-efficiency condensing furnaces condense the water vapor (one of the by-products of gas combustion) and extract the latent heat to pre-heat the incoming furnace airflow, using a second heat exchanger. [2] This increases the efficiency (energy delivered into the building vs. heating value of gas purchased) to over 90%.
The levelized cost of electricity (LCOE) is a metric that attempts to compare the costs of different methods of electricity generation consistently. Though LCOE is often presented as the minimum constant price at which electricity must be sold to break even over the lifetime of the project, such a cost analysis requires assumptions about the value of various non-financial costs (environmental ...
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