Back to Search
Start Over
DESIGN OF MICROGRIDS AS A COST ECONOMY ENERGY SAVINGS SIMULATION MODEL: MONTE CARLO METHOD.
- Source :
-
International Journal of Simulation Modelling (IJSIMM) . Dec2023, Vol. 22 Issue 4, p586-597. 12p. - Publication Year :
- 2023
-
Abstract
- The article examines the creation of a Cost Economy Energy Savings Simulation Model (CEESS Model) as an economic scenario generator for energy-independent structures using the Monte Carlo method. The CEESS model is a continuous simulation model created on the ExtendSim simulation system platform. The problem is related to the constantly changing environmental parameters for the purpose of energy security for buildings as modern, energy-independent and self-sufficient systems. In terms of the implementation of the defined part of the research, a logistical approach was applied: system analysis, coordination, algorithm work, planning, efficiency. We define logistics as a system, principle, philosophy of management of flows. The numerous simulation experiments carried out show that the return on investment of the option with an initial investment of 5000 euros is in the range of 2422 to 4978 days, the return on investment of the option with an initial investment of 10000 euros is in the range of 4233 to 7902 days and the return on investment of the option with an initial investment of 15000 euros is in the range of 5691 to 10073 days. [ABSTRACT FROM AUTHOR]
- Subjects :
- *ENERGY industries
*MICROGRIDS
*ENERGY consumption
*RATE of return
*SYSTEM analysis
Subjects
Details
- Language :
- English
- ISSN :
- 17264529
- Volume :
- 22
- Issue :
- 4
- Database :
- Academic Search Index
- Journal :
- International Journal of Simulation Modelling (IJSIMM)
- Publication Type :
- Academic Journal
- Accession number :
- 173987640
- Full Text :
- https://doi.org/10.2507/IJSIMM22-4-659