Abstract

This paper considers the economic attractiveness of improving the design of new furnaces and modifying existing furnaces to raise their efficiency. Engineering field studies and laboratory tests have shown that even new furnaces waste a substantial portion of the energy in the heating oil or natural gas that they burn. It is concluded that improving the efficiency of new and existing furnaces is not only technically feasible but highly economical. Fuel use reductions of 10–15% are achievable by measures that will pay for themselves in a few years. These design improvements have been understood in principle for years, but have not been put to use because consumers are unable to verify efficiency claims and will therefore not pay a higher price for higher efficiency. Several policies are proposed that would create incentives which would lead to the adoption of more efficient designs. Such policies are necessary if we are to utilize the technological capabilities that are available.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.