In applying solar cooling, heating and hot water supply system to a house having total floor area of 100m^2, nine factors which were thought to be very meaningful for design were selected as parameters from among numerous factors closely related to the solar system, and the design of experiment was worked out for the purpose of qualitative and quantitative analyses. As described in Part 2, 64 cases of computer simulations (128 cases in total, since experiment is divided into two types, one with cooling system and other without it) were performed according to the DOE described in Part 1, and analysis of variance was made for % solar, energy saved, saved energy cost and economy (1/FOM). F-tests for effect of each factor or interaction of factors were conducted, and their results were represented as estimated effect tables. In this present report, the authors, using the result of factor analyses reported in Part 2, intend to describe consideration on the economy and energy saving effcct of the solar system. Economy: In view that the solar cooling, heating and hot water supply systems are not yet economically feasible, the conditions that must be met to make it more economical were studied by using two evaluation factors, 1/FOM and F(N). The conditions are: 1. Improving durability (from 15 years to 20 years); 2. Increase of energy cost (from 4.5% to 10%); 3. Cost reduction of system (70% of the present); 4. Development of system performance. Against gas, which has higher unit cost per calorie, solar will be more economical if at least one of these conditions is met. If two of them are satisfied, the economy of the solar system will be evident. However, against kerosene whose unit cost per calorie is lower, the solar system can be barely competitive if at least two conditions are met, and three conditions need to be satisfied in order for it to have definite economic advantage. Thus, until all conditions sufficient for excelling the conventional systems are obtained, public economic aid, such as reduced interest (5.5% at present) should be granted to the solar system as the fifth condition. Heat insulation of the building: As the building has better heat insulation, heating load decreases remarkably. Further, if capacity of component, such as collector area is not lowered according to the reduction of heating load, the solar system cannot be economically justified. However, if the reduced heating load is converted to energy cost saving, heat insulation is economically compatible with higher % solar regardless of cost increase of insulation materials, etc. Such effect is more pronounced in the colder region. The economy thus viewed can even at present be probably achieved by making slight improvements in the design of the system. Energy saving effect of cooling: Although the larger collector area bears the higher energy saving effect, the system having smaller collector area has an economical advantage because the energy saving effect does not increase proportionally to the collector area. However, if the solar energy system is compared with the system using a double effect absorption chiller or an electric chiller which have a higher efficiency than a single-effect absorption chiller, energy saving effected will be insignificant unless % solar is raised by substantially increasing collector area. It is to be noted that the study described in this paper was made as a part of the research studies for 1977 as conducted by SHASE (Japan)'s Committee for Solar Heating-Cooling Systems which was commissioned by Ministry of International Trade and Industry (MITI) to perform such research studies under MITI's Sun Shine Project.
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