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The coefficient of performance or COP (sometimes CP or CoP) of a heat pump, refrigerator or air conditioning system is a ratio of useful heating or cooling provided to work (energy) required. [1] [2] Higher COPs equate to higher efficiency, lower energy (power) consumption and thus lower operating costs. The COP is used in thermodynamics.
Typical EER for residential central cooling units = 0.875 × SEER. SEER is a higher value than EER for the same equipment. [1] A more detailed method for converting SEER to EER uses this formula: EER = −0.02 × SEER² + 1.12 × SEER [2] Note that this method is used for benchmark modeling only and is not appropriate for all climate conditions ...
In the United Kingdom, a Seasonal Energy Efficiency ratio (SEER) for refrigeration and air conditioning products, similar to the ESEER but with different load profile weighting factors, is used for part of the Building Regulations Part L calculations within the Simplified Building Energy Model (SBEM) software, and are used in the production of Energy Performance Certificates (EPC) for new ...
The HSPF is related to the non-dimensional Coefficient of Performance (COP) for a heat pump, which measures the ratio of heat delivered to work done by the compressor. The HSPF can be converted to a seasonally-averaged COP assuming a lossless compressor and no heat loss by multiplying by the heat/energy equivalence factor .29307111 W·h per BTU.
The accounting equation plays a significant role as the foundation of the double-entry bookkeeping system. The primary aim of the double-entry system is to keep track of debits and credits and ensure that the sum of these always matches up to the company assets, a calculation carried out by the accounting equation.
As an example the combustion process inside a power stations gas turbine is highly irreversible and approximately 25% of the exergy input will be destroyed here. For fossil fuels the free enthalpy of reaction is usually only slightly less than the enthalpy of reaction so from equations ( 3 ) and ( 4 ) we can see that the energy efficiency will ...
The growth accounting model is normally expressed in the form of the exponential growth function. As an abstract example consider an economy whose total output (GDP) grows at 3% per year. Over the same period its capital stock grows at 6% per year and its labor force by 1%.
A financial ratio or accounting ratio states the relative magnitude of two selected numerical values taken from an enterprise's financial statements. Often used in accounting , there are many standard ratios used to try to evaluate the overall financial condition of a corporation or other organization.