Authors :
Tosin T. Oye*, Keng Goh, Naren Gupta, Toyosi K. Oye
Volume/Issue :
Volume 5 - 2020, Issue 3 - March
Google Scholar :
http://bitly.ws/9nMw
Scribd :
https://bit.ly/2Vmd46G
Abstract :
The renewable energy utilization is attaining
numerous recognition and diverse assessment is
obligatory to be executed for several innovations which
has in turn become a general system requirement. The
increasing application of fossil fuels is virtually not only
triggering swift energy sources depletion; nevertheless,
deliberately manufacturing harmful gases which in turn
directly impacts humanity. Therefore, this paper
addresses the economic assessment of renewable air-
conditioning using ARR, NPV, IRR and payback period
technique. Knowing the obscured fossil fuels effects and
its consequences to human wellbeing is key for assessing
renewable-based air-conditioning using economic
feasibility practices and for underpinning further
remarkable conclusions for imminent energy
production.
Keywords :
Air-conditioning; Renewable energy; Economic assessment; Energy consumption; Carbon emissions; Health effects.
The renewable energy utilization is attaining
numerous recognition and diverse assessment is
obligatory to be executed for several innovations which
has in turn become a general system requirement. The
increasing application of fossil fuels is virtually not only
triggering swift energy sources depletion; nevertheless,
deliberately manufacturing harmful gases which in turn
directly impacts humanity. Therefore, this paper
addresses the economic assessment of renewable air-
conditioning using ARR, NPV, IRR and payback period
technique. Knowing the obscured fossil fuels effects and
its consequences to human wellbeing is key for assessing
renewable-based air-conditioning using economic
feasibility practices and for underpinning further
remarkable conclusions for imminent energy
production.
Keywords :
Air-conditioning; Renewable energy; Economic assessment; Energy consumption; Carbon emissions; Health effects.
