In a European context characterized by growing need for operational flexibility across the electricity sector, the combined cycle power plants are increasingly subjected to cyclic operation. These new operation profiles cause an increase of production costs and decrease of revenues, which undermines the competitiveness of the combined cycles. Power plant operators need tools to predict the effe...

performance optimization of a single-effect lithium bromide water absorption refrigerationsystem is the subject of this paper. first, the thermodynamic model of the system wasderived based on thefirst and second law analysis of an absorption refrigeration cycle with libr-water as the working fluid pair.then, the effects of different design parameters such as the generator inlet hot water temper...

This paper presents a theoretical and practical analysis of the application of the thermoeconomic method. A furnace for heating air is evaluated using the methodology. The furnace works with solar energy, received from a parabolic trough collector and with electricity supplied by an electric power utility. The methodology evaluates the process by the first and second law of thermodynamics as th...

In the field of thermal systems, different approaches and methodologies have been proposed to merge thermodynamics and economics. They are usually referred as thermoeconomic methodologies and their objective is to find the optimum design of the thermal system given a specific objective function. Some thermoeconomic analyses go beyond that objective and attempt to find whether every component of...

In a deregulated energy market the adoption of multipurpose and flexible software tools for the optimal design and sizing of energy systems is becoming mandatory. For these reasons, we have developed WIDGET-TEMP (Web-based Interface and Distributed Graphical Environment for TEMP, ThermoEconomic Modular Program), a tool which is the result of an interdisciplinary research which applied recent IT...

This study presents the energy and economic analysis of Thermoelectric (TE) cooler design. The system designed for this purpose provides equal cooling power under equal temperature difference. In the study, seven different types of TE modules were used, operating conditions of the modules were changed due to module numbers. In addition, the variation in the cost of electric power was taken into...

The authors of the main thermoeconomic methodologies developed in the last two decades have recently focused their efforts on the analysis of dissipative devices, i.e. those components whose productive purpose is neither intuitive nor easy to define. Coherent and unanimously accepted cost structures have been identified for dissipative components, while ambiguities still exist as concerns the c...

In this paper, a novel poly-generation system for olefin and power production from natural gas is proposed, which integrates hydrocarbon production and the combined cycle power generation. Economic and technological evaluation based on the internal rate of return (IRR) and exergy efficiency is performed. The energy integration results in the proposed poly-generation system for simultaneous prod...

Fuel allocation in a combined steam-injected gas turbine (STIG) power generation and multi-effect thermal vapor compression (METVC) desalination system is studied, using seven methods: (1) Products Energy Method, (2) Products Exergy Method, (3) Power-Generation-Favored Method, (4) Heat-Production-Favored Method, (5) Basic Exergetic Cost Theory, (6) Functional Approach and (7) Splitting Factor M...