Lated with an Excel sheet, as shown in Table five. In Table five, A = 1, B = 346.86, and C = 30,121.742. The discounted payback period is calculated employing Equation (7) and is equal to 1.01 years. As a consequence of fluctuating oil Ciprofloxacin D8 hydrochloride Biological Activity prices and as the availability and value of LED lamps varies from location to spot, the authors performed a sensitivity analysis with varied prices of electrical Mifamurtide Description energy and LED lamp expense to check the financial feasibility of replacing HPS lamps with LED lamps. The outcomes of sensitivity analysis are presented in Figure four.Energies 2021, 14,Energies 2021, 14, x FOR PEER REVIEW10 of11 of(a)(b)(c)Figure 4. Cont.Energies 2021, 14,Energies 2021, 14, x FOR PEER REVIEW11 of12 of(d)(e)(f)Figure 4. Cont.Energies 2021, 14,Energies 2021, 14, x FOR PEER REVIEW12 of13 of(g)(h)Figure 4. Effect of variedEffect of varied costs of electricity the discounted payback discounted payback period: (a) Figure 4. costs of electrical energy and LED lamp on and LED lamp on the period: (a) Energy price 0.05 /kWh (b) Energy price 0.06 /kWh (c) Energy expense 0.078 /kWh (d) Energy expense 0.09 /kWh (e) Power price 0.1 /kWh (f) Energy Power price 0.05 /kWh (b) Energy price 0.06 /kWh (c) Power price 0.078 /kWh (d) Energy cost cost 0.12 /kWh (g) Power expense 0.18 /kWh (h) Energy expense 0.23 /kWh.0.09 /kWh (e) Energy price 0.1 /kWh (f) Energy price 0.12 /kWh (g) Power price 0.18 /kWh (h) Energy cost 0.23 /kWh. in CO2 Emissions When the HPS Lamp Is Replaced with all the LED Lamp five. ReductionIn Oman, 97.5 with the electrical energy generated is from natural gas [39]. As outlined by the Table 5. Calculation of discounted payback period. Thegenerated from all-natural gas final results inside the emisInternational Power Agency, electricity colour shows the transition from negative to constructive value along with the parameters per kWh of generated electrical energy [40]. In Oman, both the open-cycle sion of 400 g of CO2 selected. gas turbine (OCGT), which has an efficiency of 30 , and the combined-cycle gas turbine Year Quantity Discounted Money Flow Cum.Sum (CCGT), with an efficiency of roughly 45 , are applied. Depending on a seven-year statement of 0 -32,878.35 -32,878.35 energy generation in Oman by the -32,878.35 Oman Power and Water Procurement Organization [35], 1 35,134 32,531.48148 the CCGT generates 8390 MW, as well as the OCGT generates 1945 -346.8685185 this, the reMW. Based on two 35,134 30,121.74211 29,774.87359 duction in CO2 emissions is analyzed for the streetlight method below study, which can be pre3 35,134 27,890.50196 57,665.37555 sented in Table six. four 35,134 25,824.53885 83,489.9144 The resulting reduction in CO2 emissions per year upon replacing the HPS lamp with 5 35,134 23,911.61004 107,401.5244 the LED lamp is going to be 106.876 tonnes, thus saving millions of dollars and substantial amounts of six emissions. 7 Payback= 1.Sensitivity evaluation shows that in regions with higher electrical energy costs, it is actually highly advisable to replace the energy-inefficient lamps with energy-efficient LED lamps, asEnergies 2021, 14,13 ofthe discounted payback period is quite brief. In regions where the electrical energy prices are low, it really is nevertheless economically viable to replace the energy-inefficient HPS lamps with LED lamps, even using the higher investment price of LED lamps. Having a low electricity price tag of 0.05 /kWh and higher price of LED lamp ( 200 per lamp), the discounted payback was only 3 years, which proves the financial feasibility in addition to the reduction of tonnes of CO2 emissions. five. Reduction in CO2 Emissions When the HPS Lamp Is Replaced with the LED Lamp In Oman, 97.5 from the.
