Cost PDF
Cost PDF
1. Cost Analysis
To evaluate the feasibility of the ThermoHarvest project, a detailed cost analysis has been
conducted. The costs are divided into two categories: initial setup costs and future
scalability costs. All costs are provided in Indian Rupees (INR).
The initial prototype of the project was built using readily available materials. Below is the
breakdown of the costs:
The system generates 1.6-2 watts of electricity using 3-4 TEG modules.
Assuming an average cost of ₹9,000 for the prototype, the cost per watt is approximately
₹4,500-₹5,625.
While this cost is high for the prototype, it is important to note that:
Advanced manufacturing techniques and economies of scale can further lower the price of
TEG modules.
Integration with existing AC systems can eliminate the need for additional components like
hairdryers and metal containers.
2. Future Implementation
Direct Integration: TEG modules can be integrated directly into AC units, using the AC's
cooling system to maintain the cold side temperature. This eliminates the need for external
cooling methods like ice.
Residential Buildings: TEGs can be installed in HVAC systems of homes and apartments to
capture waste heat and generate electricity.
Commercial Buildings: Offices, malls, and hospitals can use TEGs to reduce energy costs
and environmental impact.
Industrial Facilities: High heat output from machinery and exhaust systems in factories
can be harnessed using TEGs.
Automobiles: TEGs can be used in vehicles to capture waste heat from engines and
exhaust systems, improving fuel efficiency and reducing emissions.
Public Transport: Buses and trains can integrate TEGs to generate electricity from waste
heat, reducing reliance on fossil fuels.
Hybrid Systems: TEGs can complement solar panels and other renewable energy sources
by providing additional electricity generation during periods of low sunlight.
Off-Grid Solutions: TEGs can be used in remote areas to generate electricity from waste
heat, providing a sustainable energy source.
Energy Savings: By generating electricity from waste heat, the system can reduce energy
bills for residential, commercial, and industrial users.
Scalability: The technology can be scaled up to meet the energy needs of large buildings
and facilities, providing a cost-effective solution for clean energy generation.
Job Creation: The manufacturing, installation, and maintenance of TEG systems can create
new job opportunities in the renewable energy sector.
Reduced UHI Effect: By capturing waste heat from ACs, the system can mitigate the Urban
Heat Island effect, making cities cooler and more livable.
Lower Carbon Emissions: The electricity generated by TEGs can offset energy consumption
from fossil fuel-based power plants, reducing greenhouse gas emissions.
Sustainable Development: The project aligns with global sustainability goals by promoting
clean energy and reducing environmental impact.
4.1. Challenges
High Initial Cost: The current cost of TEG modules is relatively high, making large-scale
implementation challenging.
Efficiency Limitations: TEGs have lower efficiency compared to other energy generation
technologies, limiting their power output.
4.2. Solutions
Research and Development: Investing in R&D can improve the efficiency of TEGs and
reduce their cost.
Government Incentives: Subsidies and tax incentives can encourage the adoption of TEG
technology.
Public Awareness: Educating the public about the benefits of waste heat recovery can
drive demand for TEG systems.
5. Conclusion