Economic and Technical Analysis of Substituting GSHP for Conventional Air-Conditioning System

Economic and technical analysis of substituting GSHP for conventional air-conditioning system (combined by cold central air-conditioner and electric coal-fired boiler) was carried out. Firstly, a brief introduction was made on types, characteristics and application scope of heat pump technology. Secondly, initial investment and operating costs was estimated, respectively. At last, carbon dioxide emission reduction was calculated. The results show that, compared to conventional air conditioner, heat pump has better economics and energy saving benefits.