Life Cycle Cost Analysis and Carbon Credit Earned by Hybrid PV/T Solar Water Heater for Delhi Climatic Conditions

In this communication, a study has been carried out to evaluate the life cycle cost analysis and carbon credit earned by hybrid PV/T solar water heater. The study has been based on thermal, electrical and exergy output of water heater. The solar water heater is installed at Solar Energy Park, IIT Delhi. The annual energy and exergy gain have been evaluated by considering four types of weather conditions (A, B, C and D Type) of New Delhi and considering a case that the hot water is withdrawal two times in the afternoon and two times in the evening in a day. This paper gives the total carbon credit earned by hybrid PV/T water heater as per norms of Kyoto Protocol for Delhi climatic conditions. We have found that (i) the cost/kWh is higher in case of exergy when compared with cost/kWh on the basis of thermal energy (ii) if this type of system is installed at 10% of the total residential houses in Delhi then the total carbon credit earned by PV/T water heater annually in terms of thermal energy is Rs. 105.6 cores and in terms of exergy is Rs. 10.2 cores respectively.