Dimensional Analysis of an Economic Model for a Hot-Water Geothermal Heating System
- Key words
- Direct Use; Economics; Space Heating; Buckingham Pi Technique; Economic Model; Cost Ratio
- Conference
- Geothermal Resources Council Transactions
- Year
- 1980
- Session
- Direct use; Economics; Space heating/cooling
- Language
- English
Abstract
A complex economic model was developed for evaluation of geothermal hot water heating for large institutional systems. The Buckingham Pi method of dimensional analysis was applied to this model in order to simplify analysis and trade off studies. The result is a greatly simplified equation which compares to the overall cost of a geothermal system to continued use of the present system using a minimum number of key dimensionless variables.
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