COURSE

SEEN5120

Lifecycle Energy and Economic Analytics

Function Hub / Sustainable Energy and Environment · 3 Credits

This course aims to introduce the Life Cycle Assessment (LCA) of integrated ‘source-grid-load-storage’ multi-energy system frameworks. Environmental impacts will be specifically analyzed, associated with the entire life cycle of a particular product or process. Introduction to Techno-Economic Analysis (TEA) will be given for evaluating the economic performance of a specific technology. Three different LCA approaches are introduced, i.e., attributional LCA, consequential LCA, and a hybrid (benchmarking) LCA approach. Physical meaning andcalculation approach of multiple indexes will be holistically introduced, including net direct energy consumption,levelized cost of energy, net present value, discounted payback time, LCA carbon emission, and so on. Afterwards,different application scenarios (like PV, wind turbine, battery, latent heat storages, and integrated PV-battery-building-grid systems) of LCA approach will be given to help students to learn how to apply the approach forlifecycle energy and economic analytics.