1. Deliverable D 5.5: LCC and SEAPs Analysis Project meeting Brussels, Tuesday 16th June 2015 Eleonora Annunziata

2. Life Cycle Costing analysis in GSHP systems: our study Review of the LCC analyses of the ground source heat pump (GSHP) systems across the European market. The study uses several sources of information, such as scientific papers, project reports and databases on case studies about GHSP systems in Europe. The study considers the following components: borehole heat exchanger, water source heat pump, installation, electrical and hydraulic works.

3. Life Cycle Costing analysis in GSHP systems: findings The major costs of GSHP systems are capital or investment costs that are mainly influenced by the drilling and in general by installation costs. The analysis of regulations and legal permit costs in some European countries showed the difficulty of estimating exact costs due to the fact that administrative fees vary at local level. These high initial costs (investment costs) are balanced by lower maintenance and operating costs (if there are low electricity prices and high-efficiency heat pumps).

4. Life Cycle Costing analysis in GSHP systems: some implications for innovative financial models The investments without a LCC approach in the selection of the cost-effective technological solution for heating and cooling disadvantages GSHP systems. An effective set of regulations, guidelines and standards for the promotion of shallow geothermal systems and in particular GSHP systems has to consider the costs issues. The LCC instrument gives investors and policy makers the support to choose GSHP over other H&C technologies.

5. SEAPs analysis The study analysed 47 Sustainable Energy Action Plans (SEAPs) with strategy and measures for fostering the development of shallow geothermal systems. Even though the small number of SEAPs with measures for shallow geothermal systems (in comparison with 3628 SEAPs submitted in January 2014), the study can support the adoption of shallow geothermal energy systems. The analysis aims to identify peculiarities, influencing factors and the type of actions planned and implemented for the development of shallow geothermal energy systems.

6. Energy planning and SEAPs analysis: actions The more adopted actions are training activities and information campaigns for the deployment of energy efficiency and renewable energy sources, and pilot projects and installations for the development of shallow geothermal energy systems at local level.  Raise awareness about the possible options for the development of renewable energy sources and energy efficiency and then to provide tangible projects in order to remove skepticism towards shallow geothermal energy systems.

7. Energy planning and SEAPs analysis: conclusions First efforts should solve the lack of information about benefits, possible risks, potential and operation of shallow geothermal energy systems and overcome related skepticism and opposition. The assessment of local geothermal resource potential can be a crucial step in the development of shallow geothermal energy systems because it can foster public and private investors. Policy makers should assume crucial role in setting off and spreading the knowledge and skills related to the promotion of shallow geothermal energy systems.

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