Solar-assisted Ground-source Heat Pump Research Articles

Operating characteristics of photovoltaic/thermal–ground source heat pump system in cold regions

To investigate the operating performance of photovoltaic thermal integrated heat pumps in terms of the effects of the control strategy and the component parameters, this paper considers an office building in Zhengzhou city as the research object. A photovoltaic/thermal integrated ground source heat pump system model is established using TRNSYS software. Using this model, a system is developed with four operating modes based on temperature differences and seasonal control. The soil temperature, the unit energy consumption, and the solar energy guarantee rate are used as indicators to study the soil’s thermal balance and the energy consumption characteristics of the model system in the four operating modes. The effects of the control strategy design and the photovoltaic/thermal collector area on the system performance are analyzed, and the annual cost method is used to evaluate the system’s economy. The research results indicate that the tank heating mode’s closing temperature increased from 47 °C to 49 °C, the system energy consumption and power generation were reduced by 1.86 % and 1.24 %, respectively, and the instances of unsatisfied demand for domestic hot water were reduced by 19.05 %. The soil temperature increased gradually with increasing photovoltaic/thermal collector area, but the rate of this increase slowed down at larger areas; when the area increased from 50 m2 to 100 m2, the soil temperature increased by 16.6 %, but when the area increased from 200 m2 to 250 m2, the temperature then only increased by 10.6 %. In addition, there is a specific photovoltaic/thermal collector area that can maintain the soil temperature in equilibrium. When compared with a solar-assisted ground source heat pump heating system, the photovoltaic/thermal integrated ground source heat pump heating system can save 63.2 % in terms of operating costs and can reduce the annual cost by 60.9 % over a 10-year period. The research results show that the law of the photovoltaic/collector area affects the soil heat balance, and also provide data support for promotion of photovoltaic/thermal integrated ground source heat pump systems from both performance and economic perspectives.

Comparison of different strategies for operating a solar-assisted ground-source CO2 heat pump system for space and water heating

This study quantifies and compares operational strategies as applied on a solar-assisted ground-source trans-critical CO2 heat pump (CO2 SAGSHP) system for simultaneous space and water heating, optimized on an hourly basis over the course of a week. Four (4) boundary conditions, representing spring, summer, autumn, and winter, were considered. To enable the use of a dynamic model for optimization simulations, the use of a previously developed surrogate Artificial Neural Network (ANN) model of a Modelica CO2 heat pump model was evaluated for use in this study. The simulation results from the system model that applies the surrogate ANN model demonstrated strong alignment with those generated by the full Modelica model, yielding low root mean square errors and mean absolute percentage errors. Furthermore, it accelerated the speed of results generation for a single forward run by 6–15 times, depending on the boundary conditions. It can be inferred from the results of the optimization runs that when warm climate conditions dominate, implementation of the on/off operation with thermal energy storage (TES) should be prioritized, given that it could potentially yield greater operational cost benefits (12% to 58 % cost reduction) compared to hourly discharge pressure optimization (0.5 to 1.5 % cost reduction). Conversely, when colder seasons are longer, optimizing the CO2 heat pump's discharge pressure becomes more practical (6.5 % to 6.9 % cost reduction) than on/off operation, particularly when only a small TES is installed (1.2 % to 2.6 % cost reduction). The optimization of the mass flow rate of the supply side working fluid of a CO2 SAGSHP system exhibited minimal benefit, except notably in the summer where it generated an even better cost reduction than controlling the discharge pressure. This shows the practicality of this strategy for conditions where relatively high solar irradiation and relatively low heat demand are concurrently expected. In general, weekly reductions in operational costs were more substantial when both the discharge pressure and the on/off operation of the CO2 heat pump were concurrently optimized, especially when using a larger TES tank. Hence, both should be applied if there are no practical or cost limitations that restrict their implementation. While previous studies on CO2 heat pumps primarily emphasized efficiency optimization via discharge pressure control, this study shows that comparable or greater operational cost reductions can also be achieved from other strategies, depending on the boundary conditions.

Performance Study of a Hybrid Solar-Assisted Ground-Source Heat Pump System Used for Building Heating and Hot Water Demands

Performance Study of a Hybrid Solar-Assisted Ground-Source Heat Pump System Used for Building Heating and Hot Water Demands

Comparison of different configurations of a solar-assisted ground-source CO2 heat pump system for space and water heating using Taguchi-Grey Relational analysis

This work deals with the comparison of different optimized configurations of solar-assisted ground-source CO2 heat pump systems using the Taguchi method and Grey Relational Analysis (GRA) when used for simultaneous space and water heating in cold coastal climate conditions. The configurations studied include: (1) the solar collectors (SCs) and borehole heat exchangers (BHEs) connected in series, with the working fluid flowing to the SCs first; (2) the SCs and BHEs connected in series, with the fluid flowing to the BHEs first; and (3) the SCs and BHEs connected in parallel to the heat pump. Eight parameters were considered for optimizing the systems’ design, including the BHE length, BHE spacing, BHE number, SC area, BHE-SC mass flow rate, space heating return temperature, heat pump discharge pressure, and heat pump’s outlet temperature. The seasonal performance factor (SPF), levelized cost of heating (LCOH), and the estimated maximum annual ground temperature change (GTC) were chosen as performance indicators to evaluate system performance. The system model was developed using Modelica and 27 simulation runs for every configuration were implemented according to the L27 (93) Taguchi orthogonal array. Single objective optimizations were first performed using the Taguchi method to determine the parameter combinations that would optimize the SPF, LCOH, and GTC, separately. After that, multi-objective optimization was performed using Taguchi-GRA to determine the control factor combination that would give the optimal overall performance when all output variables are considered simultaneously and given equal importance. When the performance indicators were considered separately, simulations show that configuration 2 gave the best SPF (4.025), configuration 3 gave the best LCOH (0.124 USD/kWh), and configuration 1 gave the best GTC (100.257%), respectively. Analysis of variance (ANOVA) showed that the SPF is most sensitive to the heat pump’s discharge pressure and outlet temperature; the LCOH to the BHE length, BHE number, and SC area; and the GTC to all the BHE and SC sizing variables. Multi-objective optimization showed that configuration 1 performs the best, giving a grey relational grade of 0.6875, which is equivalent to an SPF of 3.267, and LCOH of 0.155 USD/kWh, and GTC of 100.021%. BHE length was found to be the most influential parameter to overall performance, irrespective of the configuration.

Ground and solar assisted heat pump systems for space heating and cooling applications in the northern region of India – A study on energy and CO2 saving potential

In the recent past, energy demand of India has increased multifold as a fast-growing developing country, due to progressive expansion of industrial and building sectors. The demand for devices that provide both cooling and heating has increased in both commercial and residential buildings. However, nearly two-thirds of electricity generation in India is obtained from fossil fuel sources such as coal, oil and gas. Hence any attempt to save electricity consumption by the conventional space heating/cooling devices will benefit the country to meet other electricity demands and will indirectly aid for reduction in CO2 emission. Ground source heat pumps (GSHP) and solar assisted GSHP are sustainable systems that consume less electricity compared to conventional devices. They can achieve cooling and heating more efficiently by exploiting the temperature difference between the deep ground and ambient during winter and summer. In this research work, a detailed analysis has been made to assess the scope for the use of GSHP and Solar Assisted Ground Source Heat Pump (SAGSHP) systems for space cooling and heating applications in ten cities located in northern region of India. Calculations on the saving of electricity and reduction in CO2 emission has been carried out by comparing SAGSHP with conventional devices such as electric heater, solar coupled heat pump system for space heating. Air-conditioners are compared with GSHP for space cooling. Implementation of SAGSHP and GSHP technologies for space heating and cooling applications will result in the saving of 151.77 GW of electricity for space heating in ten cities and 88.39 GW of electricity for space cooling in six cities respectively with forthright reduction in CO2 emission of 123.83 million ton and 144.2 million ton. For 1.5-ton capacity heating load of SAGSHP and cooling load of GSHP, the payback period is estimated as 6.8 and 4.5 years respectively.

Performance analysis and multi-objective optimization of solar assisted ground-source heat pump heating system

ABSTRACT Heating through a solar assisted ground-source heat pump system is an efficient method, and optimizing its parameters can significantly improve its energy efficiency. However, the research on the impact of the start-stop temperature difference of the heat collection cycle on the system is currently limited. To address this issue, this study aims to develop a SAGSHP system model located in Tianjin using TRNSYS software, investigate the effect of parameters such as the start-stop temperature difference on the system performance, and guide the optimization process. The optimization parameters include the collector’s area, the water tank’s volume, and temperature difference during the heat collection cycle. The NSGA-II algorithm is applied to perform multi-objective optimization to enhance the system’s energy efficiency and economy. Furthermore, a sensitivity analysis is conducted to study each variable’s impact on the optimization results. The variation in temperature between the start and stop of the collection cycle has a significant impact on the system’s performance, as revealed by the study. The optimal operation scheme lies within the boundary range of parameter settings. The optimization leads to a decrease of 8.63% in the system’s annual operating cost and a reduction of 1555 kWh in the annual power consumption. The relationship between the area of the collector and the temperature difference during heat collection startup is expressed as 0.034°C/m2, and the ratio to the tank volume is 1.33°C/m3. The degree of influence of optimization parameters on optimization results is ranked as V i>A i>T s>T e.

Optimized design and integration of energy storage in Solar-Assisted Ground-Source Heat Pump systems

The integrated use of multiple renewable energy sources to increase the efficiency of heat pump systems, such as in Solar Assisted Geothermal Heat Pumps (SAGHP), may lead to significant benefits in terms of increased efficiency and overall system performance especially in extreme climate contexts, but requires careful integrated optimization of the different system components. In particular, thermal storages take a fundamental role in optimizing the integration of renewable energy sources and the system operation. This work investigates the potential design optimization of a SAGHP system in a mountain site by exploring many different alternatives to optimize the mutual relationship between the solar field, the geothermal field and the water thermal storages. This is done through an original simulation-based multi-objective optimization framework considering energy efficiency and economic feasibility, which allows appraising the impact of the different design alternatives on the overall system performance and on the dynamics of the different system components. Results identify a set of optimized system configurations that optimize the integrated exploitation of the different thermal sources showing a potential increase of the overall system performance leading to 34% lower global cost compared to the initial design. High robustness of the optimal design solutions is reported with respect to the current context of high economic uncertainty.

Solar harvest: Enhancing carbon sequestration and energy efficiency in solar greenhouses with PVT and GSHP systems

It is universally acknowledged that climate change brings widespread attention to solar greenhouse plant carbon sequestration. Suitable technologies in solar greenhouses were, are, and will be play a leading role in this vital transition. The primary aim of this research is to examine the energy efficiency and carbon sequestration potential of a solar-assisted ground-source heat pump (SAGSHP) heating system. This hybrid system, which integrates a horizontal ground-source heat pump (GSHP) system with PVT and heat storage, can efficiently fulfill the heating demands of a greenhouse and function as a positive energy building. Four plants include cucumber, tomato, cowpea, and lettuce were selected to compare the carbon absorption effects. Results show that the hybrid system outperforms conventional systems, with a coefficient of performance (COP) of 6.71 during peak hours and PVT efficiency over 57.88%, which effectively meet the heat load of the greenhouse and keep the indoor heat comfortable. In addition, for the carbon sequestration potential of four plants, tomato exhibited the highest photosynthetic carbon sequestration of 3522 kgCO2·m−2. Cowpea showed the strongest daily carbon sequestration capacity at 26.86 gCO2m−2d−1 and better economic income. Through the application of this enhanced solar greenhouse, people can enhance the utilization of solar energy, establish flexible interaction between energy and information flow, and make a promising option for sustainable building design.

Numerical investigation of using a field of shallow boreholes with latent heat storage and solar injection in cold climates

Modeling heat transfer within a field of boreholes (borefield) is essential to correctly assess the long-term performance of a solar-assisted ground source heat pump, which uses the ground to store the injected solar thermal heat. A novel model was developed that uses a hybrid approach, combining a numerical thermal resistance and capacitance model for the borehole with an analytical g-function for the ground. The developed model has the capability to simulate the long-term performance of a borefield with the phase change that is occurring in the water content of the grout. The model is used to assess the benefit of phase change within a saturated sand mixture, acting as filling material in the borehole and thermal energy storage for solar heat injected in the ground. The injected solar heat compensates the ground thermal load imbalance caused by substantially higher heating demand than cooling demand in cold climate regions. Through long-term hourly simulations, results show that water content in the borehole helps keep the temperature constant at the vicinity of the borehole, particularly during peak hours, and that solar injection permits the design of a more compact borefield by concentrating the stored heat in the vicinity of the boreholes.

Performance Analysis of Solar Assisted Ground Source Heat Pump to Supply Heating Load and Domestic Hot Water

Algeria’s geographical location offers several advantages related to the extensive use of renewable energy sources such as solar and geothermal. Owing to the vast Algerian territory, the need for isolated areas to be supplied with energy by autonomous systems using sustainable energy. In this study, we propose a hybrid renewable energy system to provide heating systems for residential buildings and domestic hot water (DHW). Four different solar-assisted ground source heat pump (SAGSHP) combinations are being studied, with the aim of satisfying the energy needs of a building located in Batna, Algeria. The TRNSYS software allowed us to study the different effects of the parameters on their performance. It turned out that a 7.7 kW ground source heat pump system combined with flat solar collectors is a feasible choice that satisfies our objective. The extreme annual average values of the heat pump coefficient of performance (COP) obtained are 3.48 and 4.55. In the system, with recharging the borehole, the net energy extracted from the ground is decreased by 30.4% compared to the reference case (GSHP). This can reduce the ground thermal imbalance problem, which positively affects the stability of the operational system.

Energy Performance Evaluation of a Solar PVT Thermal Energy Storage System Based on Small Size Borefield

In this study, a PVT-based solar-assisted ground source heat pump (SAGSHP) system with a small size borefield as the long-term heat storage component was energetically evaluated. The mathematical model of the system was formulated in TRNSYS and three cities with distinctive climates were chosen: Athens (Greece); Melbourne (Australia); and Ottawa (Canada). The parametric analyses were carried out for 10 years by varying the number of the PVT collectors and the size of the earth energy bank (EEB). The evaluation of the systems was made via two energy indicators, and the heat flow across the EEB was analyzed. The under-consideration system was found capable of establishing self-sufficiency as regards the energy consumption (renewable power fraction RPF > 1) for all locations. Namely, for Athens, any system with more than four PVT collectors, and for Melbourne, any system with more than eight PVTs was found with an RPF higher than 1, regardless of the EEB size. For Ottawa, self-sufficiency can be achieved with PVT arrays larger than 12 collectors for small EEBs, and with eight collectors for larger EEBs. The storage capacity was found to be an important parameter for the energy performance of the system. In particular, it was determined that, as the storage capacity enlarges the RPF and the seasonal performance factor (SPF) of the system improves, mainly due to the reduction of the electricity consumed by the heat pump and the auxiliary heating. Moreover, a larger storage capacity facilitates solar heat production by enlarging the available heat storage volume and by maintaining the EEB at relatively low temperatures.

CO2 emissions and energy performance analysis of ground-source and solar-assisted ground-source heat pumps using low-GWP refrigerants

The energy consumption and CO2 emissions of heat pump systems can be reduced effectively by adopting an appropriate alternative refrigerant. However, investigation on alternative refrigerants for ground-source heat pump (GSHP) and solar-assisted ground-source heat pump (SGSHP) systems is limited although these systems still use conventional refrigerants. In this study, the life cycle climate performance (LCCP) and primary energy consumption (PEC) for GSHP and SGSHP systems using conventional and alternative refrigerants are compared to those for conventional boiler systems. Experiments are conducted to investigate the heating performance of selected refrigerants. For regions with low CO2 emission conversion factor for electricity (μCO2.elec), GSHP systems using R1234yf are the most suitable considering the LCCP, owing to its low GWP and high performance. However, SGSHP systems using R134a with a large system size are preferred in regions with high μCO2.elec, because system efficiency takes the priority in reducing the LCCP. For PEC, SGSHP systems using R134a are recommended owing to its high efficiency. However, in regions where oil or natural gas is used dominantly, either the system size of SGSHPs should be increased or the primary energy conversion factor of electricity should be reduced to guarantee the benefits of PEC reduction of SGSHP systems.

Performance of a solar ground source heat pump used for energy supply of a separated building

In order to achieve the carbon peak and carbon neutrality strategy in China, A SAGSHP (solar-assisted ground source heat pump) system is developed and four partition operation schemes of quarterly multi-mode switching buried pipe were designed in this research. Four types of buried pipe interconnection were schemed including central type, N type, H type, diagonal type, and the field tests were conducted. The system performance, soil heat balance, economic characteristics of the SAGSHP system were analyzed and compared with the ASHP&CFB (Air source heat pump & Coal-fired boiler) system. The results show that the energy supply by the SAGSHP system can meet the heating, cooling and domestic hot water needs of separated buildings after adopting the partitioned multi-mode switching operation scheme. Meanwhile, the system's heat loss is decreased, soil heat balance is well maintained, and the system flexibility is improved. The graded use of solar and soil energy is well realized. The COPs of SAGSHP system in heating period and cooling period were 3.62 and 5.76 respectively under the control of the central zoning operation scheme of buried pipes. Solar energy can provide 49.97 % of the total heat supply of the system. Compared with the ASHP&CFB system, the SAGSHP system can save 9.84 t of standard coal after operating 13 years, and the equivalent reductions of CO2, SO2, and dust are 26.568 t, 0.1968 t, and 0.1476 t, respectively. The system economy is the most sensitive to the project's initial cost whereas the least sensitive to electricity prices. The research in this paper provides a feasible alternative for the energy supply of separated office buildings in Chinese the severely cold regions of China.

Analysis of the operation performance of a hybrid solar ground-source heat pump system

The operational performance of a hybrid solar ground source heat pump (HSGSHP) system built at the Hebei University of Technology and composed of a ground source heat pump (GSHP) system and a solar-assisted ground source heat pump (SAGSHP) system is investigated in this work. For the GSHP system, the coefficient of performance (COP) of heat pump unit and system of the GSHP system varies from 4.59 to 5.07 and 3.87 to 4.28, respectively, in the cooling seasons from 2012 to 2016. During the heating season, the COP of heat pump unit and system of the GSHP system varies from 4.59 to 5.07 and 3.87 to 4.28, respectively. The annual COP of heat pump unit and system of the GSHP system increases from 3.19 to 4.18 and 3.03 to 3.63, respectively. For the SAGSHP system, solar space heating can improve performance by nearly 79.0%. For the HSGSHP system, increasing the proportion of the heat supply of the SAGSHP system within a certain range can effectively improve the COP of the HSGSHP system in the heating season. The results show that solar space heating can improve the performance of the HSGSHP system by nearly 25.8%.

Dynamic modeling of solar-assisted ground source heat pump using Modelica

Traditional rural energy sources, such as straw, firewood, and coal are the main energy resources in developing countries; however, these resources are associated with low efficiency and can cause considerable air pollution. With the rapid development of renewable energy worldwide, existing energy frameworks in rural areas need to be urgently transformed. Developing a universal and reliable dynamic modeling framework for multi-source heat pumps remains an unresolved issue. To this end, this paper proposes an integrated energy system based on a solar-assisted ground source heat pump (SGSHP), which can facilitate the utilization of renewable energy, reduce the electricity consumption, and provide demand response (DR) resources in rural houses. A 150-m2 rural house on the outskirts of Shanghai, China was considered as a case building. A novel Dymola modeling framework of an SGSHP system was established, and the heating performance was analyzed. Considering the variation in the energy demand in winter, four practical operation modes were implemented to maximize energy efficiency. The results show that the coefficients of performance of the system are 4.2 and 3.5 with and without solar collectors, respectively. The contributions of solar energy, geothermal heat, and electricity in the system are 27%, 18%, and 55%, respectively. Moreover, approximately 79.6% of AC loads can be shaved during evening peak load time in our proposed energy system.

The design of a seasonal heat storage system with a geothermal heat pump for a residential building in Tehran

Purpose In this study, a solar water heating system along with a seasonal thermal energy storage and a heat pump is designed for a villa with an area of 192 m2 in Tehran, the capital of Iran. Design/methodology/approach According to the material and the area of the residential space, the required heating of the building was calculated manually and then the thermodynamic analysis of the system and simulation was done in MATLAB software. Finally, regarding the waste of system, an efficient solar heating system, providing all the required energy to heat the building, was obtained. Findings The surface area of the solar collector is equal to 46 m2, the capacity of the tank is about 2,850 m3, insulation thickness stands at 55 cm and the coefficient of performance in required heat pump is accounted to about 9.02. Also, according to the assessments, the maximum level of received energy by the collector in this system occurs at a maximum temperature of 68ºC. Originality/value To the best of the authors’ knowledge, in the present work, for the first time, using mathematical modeling and analyzing of the first and second laws of thermodynamics, as well as using of computational code in MATLAB software environment, the solar-assisted ground source heat pump system is simulated in a residential unit located in Tehran.

Feasibility and performance analysis of hybrid ground source heat pump systems in fourteen cities

Ground source heat pump systems (GSHP) for residential building heating, cooling, and hot water are highly energy efficient but capital intensive when sized for peak demands. The use of supplemental sources of energy with GSHP systems enables improved life-cycle economics through the reduction in the size and cost of the GSHP components. This paper investigates the life-cycle economics of hybrid solar-assisted ground source heat pump systems (SAGSHP) using simulations validated from field data. The economics and optimal sizing of SAGSHP systems for heating dominant climates in four locations in Australia and ten locations elsewhere are evaluated in order to explore the suitability and relative merits of SAGSHP systems in a range of heating dominant climates. In locations having high or moderate levels of solar irradiation, high electricity prices, and high or moderate gas prices, SAGSHP systems are shown to have the lowest life cycle cost amongst alternatives, with predicted savings of up to 30%.

Energy, economic and emission assessment of a solar assisted shallow earth borehole field heat pump system for domestic space heating in a north European climate

The performance of a solar assisted ground source heat pump (SAGSHP) system was evaluated and compared with a conventional gas boiler system using simulation, for a central England location. The earth energy bank was the long-term heat store element of the system and consisted of a very shallow field (1.5 m deep) of borehole heat exchangers (BHE). The mathematical model of the system was formulated, and parametric analyses were carried out by varying the number of BHEs and their spacing. The energy performance was expressed using four energy metrics, while its economy and CO2e emissions were compared with a natural gas boiler (NGB) system via the life cycle cost method and the fractional CO2e savings, respectively. The system can be energy self-sufficient by installing 40 BHEs at 1.25 m spacing or with 32 BHEs at 1.5 m spacing. The NGB system appears more economic than the SAGSHP system, due to low natural gas prices, the high price of the imported electricity, the low price of the exported electricity and the higher capital cost of the SAGSHP system. However, the SAGSHP system was found to have net negative carbon emissions, in contrast to the high positive emissions of the NGB system.

Solar-assisted ground source heat pump system operated in heating mode: A case study in Tunisia

The endeavor of this paper is to investigate the feasibility of a solar-assisted ground source heat pump (SAGSHP) system for space heating in the climatic condition of Northern Tunisia. Therefore, an experimental set-up was installed and tested in the Research and Technology Center of Energy. The SAGSHP system consists of a ground source heat pump (GSHP) system with a horizontal ground heat exchanger and a buried tank, buried both 1 m deep, and a solar flat-plate collector (SFC) with an area of 2 m2 as an auxiliary heat source. Two configurations are set and technically evaluated: (a) space heating by SFC only, and (b) SAGSHP. The results show that: (a) standalone SFC for heating increases the indoor air temperature by about 3 °C, but it cannot guarantee thermal comfort (22 °C), and (b) The tested SAGSHP achieves a significant high performance for space heating.An exergetic analysis proves high performance of the SAGSHP system, in addition an economic evaluation shows good cost-benefit of the SAGSHP system as compared to other conventional heating systems.

Energy and economic evaluation of a solar assisted ground source heat pump system for a north Mediterranean city

In this study, a PVT based solar assisted ground source heat pump (SAGSHP) system was investigated regarding its energy performance and cost-effectiveness for the city of Thessaloniki (Greece). The SAGSHP system was set to cover the space heating and domestic hot water needs for a low-rise dwelling. A mathematic model formulated in TRNSYS was used with the aim to carry out parametric analysis by varying the number of the PVTs. It is worth noting that, two of the most important components of the employed model, the PVT collector and the geothermal heat exchanger, have already been validated via experimental data. Simulations were conducted and through the results seven energy metrics were estimated, with the objective to examine the system’s energy performance from various perspectives. The SAGSHP system with 16 PVTs was found capable to covering 73% of the heating load and to generate 1.22 times more electricity than that consumed by the system. The electricity yield of PVTs was not affected throughout the parametric analysis, and the maximum specific productivity was estimated at 301.5 kWhe PVT−1 per year. The results suggest that a SAGSHP system equipped with about 14 PVTs can reach energy self-sufficiency. As regards the economics of the SAGSHP system, this was compared with a natural gas boiler system via two methods, the life cycle cost (LCC) and the life cycle savings (LCS). A sensitivity analysis with major economic parameters of the systems was carried out. It was found that the cost-effectiveness of the SAGSHP system is influenced mainly by its capital cost and by the price of the natural gas. Systems equipped with less than 12 PVTs can be cost-competitive by subsiding from 8% up to 42% of their capital cost. Also, system with more than 12 collectors were found of more benefit than the smaller ones, in the case where feed-in-tariff schemes are applied, or the bank loan’s interest rate is low. It can be concluded that, the proposed system can be an attractive monetary solution for covering the heating load in comparable dwellings with a similar climate to Thessaloniki.