Exergoeconomic analysis and optimization of a concentrated sunlight-driven integrated photoelectrochemical hydrogen and ammonia production system

The study presented here concerns a comprehensive investigation on exergoeconomic analysis and optimization of an integrated system for photoelectrochemical hydrogen and electrochemical ammonia production. The present integrated system consists of a solar concentrator, spectrum-splitting mirrors, a photoelectrochemical hydrogen production reactor, a photovoltaic module, an electrochemical ammonia production reactor and support mechanisms. Detailed thermodynamic and exergoeconomic analyses are initially conducted to determine the performance of the integrated system namely; efficiency and total cost rate. The obtained performance parameters are then optimized to yield the minimum cost rate and maximum efficiency under given constraints of the experimental system. The highest capital cost rates are observed in the photoelectrochemical hydrogen and electrochemical ammonia production reactors because of high procurement costs and electricity inputs. The optimized values for exergy efficiency of the integrated system range from 5% to 9.6%. The photovoltaic and photoelectrochemical cell areas and solar light illumination mainly affect the overall system efficiencies. The optimum efficiencies are found to be 8.7% and 5% for the multi-objective optimization of hydrogen production and integrated ammonia production system, respectively. When the exergy efficiency of the integrated system is maximized and the total cost rate is minimized at the same time, the total cost rate of the system is calculated to be about 0.2 $/h. The cost sensitivity analysis results of the present study show that the total cost rate of the system is mostly affected by the interest rate and lifetime of the system.     

Exergy, exergoeconomic and environmental analyses and evolutionary algorithm based multi-objective optimization of combined cycle power plants

A comprehensive exergy, exergoeconomic and environmental impact analysis and optimization is reported of several combined cycle power plants (CCPPs). In the first part, thermodynamic analyses based on energy and exergy of the CCPPs are performed, and the effect of supplementary firing on the natural gas-fired CCPP is investigated. The latter step includes the effect of supplementary firing on the performance of bottoming cycle and CO₂ emissions, and utilizes the first and second laws of thermodynamics. In the second part, a multi-objective optimization is performed to determine the “best” design parameters, accounting for exergetic, economic and environmental factors. The optimization considers three objective functions: CCPP exergy efficiency, total cost rate of the system products and CO₂ emissions of the overall plant. The environmental impact in terms of CO₂ emissions is integrated with the exergoeconomic objective function as a new objective function. The results of both exergy and exergoeconomic analyses show that the largest exergy destructions occur in the CCPP combustion chamber, and that increasing the gas turbine inlet temperature decreases the CCPP cost of exergy destruction. The optimization results demonstrates that CO₂ emissions are reduced by selecting the best components and using a low fuel injection rate into the combustion chamber.     

Exergoeconomic analysis of a combined heat and power (CHP) system

This study deals with exergoeconomic analysis of a combined heat and power (CHP) system along its main components installed in Eskisehir City of Turkey. Quantitative exergy cost balance for each component and the whole CHP system is considered, while exergy cost generation within the system is determined. The exergetic efficiency of the CHP system is obtained to be 38.33% with 51 475.90 kW electrical power and the maximum exergy consumption between the components of the CHP system is found to be 51 878.82 kW in the combustion chamber. On the other hand, the exergoeconomic analysis results indicate that the unit exergy cost of electrical power produced by the CHP system accounts for 18.51 US$ GW^?1. This study demonstrates that exergoeconomic analysis can provide extra information than exergy analysis, and the results from exergoeconomic analysis provide cost‐based information, suggesting potential locations for the CHP system improvement. Copyright © 2007 John Wiley & Sons, Ltd.     

Optimization of diesel engine design for combined heat and power

Prime movers and boilers have traditionally been optimized independently to convert fuel to power and heat, respectively. the design of devices to optimize the simultaneous production of heat and power has been neglected. This paper considers the optimization in this mode of diesel engines and concludes that simple modifications of design could increase the heat recoverable in the exhaust by the equivalent of 10 per cent of the fuel input. In monetary terms this is equivalent to about a 4 per cent increase in brake efficiency, recent improvements in brake efficiency of this magnitude have taken ten or fifteen years of continuous research and development. the changes now proposed would increase thermal loading and some development might be necessary.     

A techno-economic analysis of small-scale, biomass-fuelled combined heat and power for community housing

This paper presents the results of a techno-economic study into the feasibility of a number of biomass-fuelled CHP (BCHP) systems when operated in a community housing/mixed use context. Six systems comprising differing technologies have been analysed, with the assumption that the systems operate within an ESCO (energy services company) supply scenario. Actual demand data was obtained for a representative community housing scheme, along with technical performance and cost data on the various biomass CHP systems. Subsequently, an economic modelling tool was developed and a number of operational scenarios were analysed to determine the viability of specific systems and the sensitivity of the results to a range of technical and economic parameters. The impact of thermal storage was also considered in order to optimise heat usage as far as possible. The results indicate that within specific realistic ESCO operating scenarios, biomass CHP can demonstrate positive net present values without the need for capital subsidies. Optimal system design and implementation is critical for profitable operation and it is found that the best economic performance occurs for high load factors when the maximum quantity of both electricity and heat sold on-site is maximised. The results are also found to be very sensitive to a number of the model inputs.     

Exergoeconomic analysis and optimization of basic,dual-pressure and dual-fluid ORCs and Kalina geothermal power plants: A comparative study

In present work, the basic, dual-pressure and dual-fluid ORCs and Kalina cycle for power generation from the geothermal fluid reservoir are compared from energy, exergy and exergoeconomic viewpoints. To do so, first thermodynamic models are applied to the considered cycles; then by developing cost flow rate balance and auxiliary equations using SPECO method for all components, the cost flow rate and unit cost of exergy for each stream are calculated. The results show that the turbine in basic and Kalina cycles and low pressure turbine in dual-pressure and dual-fluid ORCs have the maximum value of sum of total cost rate associated with exergy destruction and total capital investment cost rate. Thus, more attention should be paid for these components from the exergoeconomic viewpoint. The cycles are optimized to obtain maximum produced electrical power in the cycles as well as minimum unit cost of produced power. The optimization results show that among the considered cycles, dual-pressure ORC has the maximum value of produced electrical power. This is 15.22%, 35.09% and 43.48% more than the corresponding values for the basic ORC, dual-fluid ORC and Kalina cycle, respectively in optimal condition. Also Kalina cycle has the minimum value of unit cost of power produced and its value in optimum state is 26.23%%, 52.09% and 66.74% less than the corresponding values for the basic ORC, dual-pressure ORC and dual-fluid ORC, respectively in optimal condition. Finally a parametric study is carried out to assess the effects on thermodynamic and exergoeconomic parameters of the considered cycles of operating pressures and ammonia mass concentration.     

Heat pumps and combined heat and power a technology assessment

This paper utilizes a novel system boundary and methodological framework for comparing the technical, economic and institutional factors affecting the development of advanced heating technologies. The focus is on the USA where electric heat pump technology has recently gained widespread acceptance; parts of the centralized combined heat and power (CHP) industry are in a state of decline; and a rapidly changing regulatory environment is stimulating development of small decentralized gas-fired CHP systems.     

Practical modelling of micro combined heat and power applications for local authority district heating schemes

The primary purposes of this paper are to describe a practical model which can be used to assist economic evaluation of district heating proposals, with particular reference to potential micro combined heat and power (CHP) applications, and to discuss the results of applying this model to a proposal for a particular scheme. The problems of realistic simulation of demand patterns, and the sensitivity of micro-CHP project values to scale, fuel prices, differential purchase/selling tariffs for electricity, duty cycle and plant utilization factors are discussed. Of several options, two were shown to be economically viable, relative to existing methods of supply (gas-fired boilers); however, the margin of benefit is small relative to wisely chosen modern boiler installations. A brief discussion of alternative methods of finance is provided; ceteris paribus, the proposed scheme would not be likely to attract venture capital from would-be lease-hire agencies. There is scope however for pilot schemes, whose results could be used to define more closely the limits of uncertainty of, for example, annual availability and duty cycle influences on the cost economics of operations.     

Dynamic simulation of a solar-driven carbon dioxide transcritical power system for small scale combined heat and power production

Carbon dioxide is an environmental benign natural working fluid and has been proposed as a working media for a solar-driven power system. In the current work, the dynamic performance of a small scale solar-driven carbon dioxide power system is analyzed by dynamic simulation tool TRNSYS 16 (Klein et al., 2004) and Engineering Equation Solver (EES) (Klein, 2004) using co-solving technique.Both daily performance and yearly performance of the proposed system have been simulated. Different system operating parameters, which will influence the system performance, have been discussed. Under the Swedish climatic condition, the maximum daily power production is about 12 kW h and the maximum monthly power production is about 215 kW h with the proposed system working conditions. Besides the power being produced, the system can also produce about 10 times much thermal energy, which can be used for space heating, domestic hot water supply or driving absorption chillers. The simulation results show that the proposed system is a promising and environmental benign alternative for conventional low-grade heat source utilization system.     

Economic analysis of a combined heat and power molten carbonate fuel cell system

Fuel cells can be attractive for use as stationary combined heat and power (CHP) systems. Molten carbonate fuel cell (MCFC) power plants are prime candidates for the utilization of fossil based fuels to generate high efficiency ultra clean power. However, fuel cells are considerably more expensive than comparable conventional technologies and therefore a careful analysis of the economics must be taken. This work presents analysis on the feasibility of installing both a FuelCell Energy DFC^® 1500MA and 300MA system for use at Adams Thermal Systems, a manufacturing facility in the U.S. Midwest. The paper examined thoroughly the economics driving the appropriateness of this measure. In addition, a parametric study was conducted to determine scenarios including variation in electric and natural gas rates along with reduced installation costs.     

Estimating the power and number of microturbines in small-scale combined heat and power systems

Utilizing the combined heat and power (CHP) systems to produce both electricity and heat is growing rapidly due to their high efficiency and low emissions in domestic, commercial, and industrial applications. In the first two categories among available drivers, due to the compact size and low weight, microturbines are attractive choice. In this paper, by using an energy–economic analysis the type and number of the required microturbines for the specific electricity and heat load curves during a year were selected. For performing this task an objective function annual profit (AP) was introduced and maximized. The operation strategy and the payback period of the chosen system was also determined in this study.     

Integrating renewable sources of energy into an existing combined heat and power system

In recent years, renewable energy sources have played an increasingly important role in potential energy production. The integration of renewables into energy production plants has therefore become a major challenge for many organizations. This study concerns the modernization of a small power plant in a large hospital. The design criteria include the possibility of utilizing renewable energy sources and providing a potential increase in heat production (with additional heat being supplied to a nearby university campus). The existing boiler conditions (i.e. controls, efficiency, etc.) are unable to satisfy the desired requirements and therefore require an extensive retrofit.     

Mini- and micro-gas turbines for combined heat and power

The use of mainframe gas turbines for power generation has increased in recent years and is likely to continue to increase. The proportion of power generation using combined heat and power is also growing mainly due to efficiency improvements and environmental benefits.

Mini- and micro-turbines offer a number of potential advantages compared to other technologies for small-scale power generation, particularly for distributed power generation, although there are some technical and non-technical barriers to the implementation of the technology. There is an uncertainty about their market potential but they could be used for power generation in the industrial, commercial and residential sectors. The market potential could increase substantially if the cost, efficiency, durability, reliability, and environmental emissions of the existing designs are improved.     

Should a small combined heat and power plant (CHP) open to its regional power and heat networks? Integrated economic,energy, and emergy evaluation of optimization plans for Jiufa CHP

The development of industrial ecology has led company managers to increasingly consider their company's niche in the regional system, and to develop optimization plans. We used emergy-based, ecological-economic synthesis to evaluate two optimization plans for the Jiufa Combined Heat and Power (CHP) Plant, Shandong China. In addition, we performed economic input–output analysis and energy analysis on the system. The results showed that appropriately incorporating a firm with temporary extra productivity into its regional system will help maximize the total productivity and improve ecological-economic efficiency and benefits to society, even without technical optimization of the firm itself. In addition, developing a closer relationship between a company and its regional system will facilitate the development of new optimization opportunities. Small coal-based CHP plants have lower-energy efficiency, higher environmental loading, and lower sustainability than large fossil fuel and renewable energy-based systems. The emergy exchange ratio (EER) proved to be an important index for evaluating the vitality of highly developed ecological-economic systems.     

A combined power and ejector refrigeration cycle for low temperature heat sources

A combined power and ejector refrigeration cycle for low temperature heat sources is under investigation in this paper. The proposed cycle combines the organic Rankine cycle and the ejector refrigeration cycle. The ejector is driven by the exhausts from the turbine to produce power and refrigeration simultaneously. A simulation was carried out to analyze the cycle performance using R245fa as the working fluid. A thermal efficiency of 34.1%, an effective efficiency of 18.7% and an exergy efficiency of 56.8% can be obtained at a generating temperature of 395 K, a condensing temperature of 298 K and an evaporating temperature of 280 K. Simulation results show that the proposed cycle has a big potential to produce refrigeration and most exergy losses take place in the ejector.     

Combined production of sugar, ethanol and electricity: Thermoeconomic and environmental analysis and optimization

Many works have shown the potential of the Brazilian sugarcane industry as an electricity supplier. However, few studies have studied how this potential could be achieved without jeopardizing the production of sugar and ethanol. Also, the impact of modifications in the cogeneration plant on the costs of production of sugar and ethanol has not been evaluated. This paper presents an approach to the problem of exergy optimization of cogeneration systems in sugarcane mills. A general model to the sugar and ethanol production processes is developed based on data supplied by a real plant, and an exergy analysis is performed. A discussion is made about the variables that most affect the performance of the processes. Then, a procedure is presented to evaluate modifications in the cogeneration system and in the process, and their impact on the production costs of sugar, ethanol and electricity. Furthermore, a discussion on the renewability of processes is made based on an exergy index of renewability. As a general conclusion, besides adding a new revenue to the mill, the generation of excess electricity improves the exergo-environmental performance of the mill as a whole.     

Combined heat and power considered as a virtual steam cycle heat pump

The first aim of this paper is to shed light on the thermodynamic reasons for the practical pursuit of low temperature operation by engineers involved in the design and the operation of combined heat and power (CHP) and district heating (DH) systems. The paper shows that the steam cycle of a combined heat and power generator is thermodynamically equivalent to a conventional steam cycle generator plus an additional virtual steam cycle heat pump. This apparently novel conceptualisation leads directly to (i) the observed sensitivity of coefficient of performance of CHP to supply and return temperatures in associated DH systems, and (ii) the conclusion that the performance of CHP will tend to be significantly higher than real heat pumps operating at similar temperatures. The second aim, which is pursued more qualitatively, is to show that the thermodynamic performance advantages of CHP are consistent with the goal of deep, long-term decarbonisation of industrialised economies. As an example, estimates are presented, which suggest that CHP based on combined-cycle gas turbines with carbon capture and storage has the potential to reduce the carbon intensity of delivered heat by a factor of ∼30, compared with a base case of natural gas-fired condensing boilers.     

Parametric analysis and optimization for a combined power and refrigeration cycle

A combined power and refrigeration cycle is proposed, which combines the Rankine cycle and the absorption refrigeration cycle. This combined cycle uses a binary ammonia–water mixture as the working fluid and produces both power output and refrigeration output simultaneously with only one heat source. A parametric analysis is conducted to evaluate the effects of thermodynamic parameters on the performance of the combined cycle. It is shown that heat source temperature, environment temperature, refrigeration temperature, turbine inlet pressure, turbine inlet temperature, and basic solution ammonia concentration have significant effects on the net power output, refrigeration output and exergy efficiency of the combined cycle. A parameter optimization is achieved by means of genetic algorithm to reach the maximum exergy efficiency. The optimized exergy efficiency is 43.06% under the given condition.     

Energy and cost analysis of a solar-hydrogen combined heat and power system for remote power supply using a computer simulation

A simulation program, based on Visual Pascal, for sizing and techno-economic analysis of the performance of solar-hydrogen combined heat and power systems for remote applications is described. The accuracy of the submodels is checked by comparing the real performances of the system’s components obtained from experimental measurements with model outputs. The use of the heat generated by the PEM fuel cell, and any unused excess hydrogen, is investigated for hot water production or space heating while the solar-hydrogen system is supplying electricity. A 5 kWh daily demand profile and the solar radiation profile of Melbourne have been used in a case study to investigate the typical techno-economic characteristics of the system to supply a remote household. The simulation shows that by harnessing both thermal load and excess hydrogen it is possible to increase the average yearly energy efficiency of the fuel cell in the solar-hydrogen system from just below 40% up to about 80% in both heat and power generation (based on the high heating value of hydrogen). The fuel cell in the system is conventionally sized to meet the peak of the demand profile. However, an economic optimisation analysis illustrates that installing a larger fuel cell could lead to up to a 15% reduction in the unit cost of the electricity to an average of just below 90 c/kWh over the assessment period of 30 years. Further, for an economically optimal size of the fuel cell, nearly a half the yearly energy demand for hot water of the remote household could be supplied by heat recovery from the fuel cell and utilising unused hydrogen in the exit stream. Such a system could then complement a conventional solar water heating system by providing the boosting energy (usually in the order of 40% of the total) normally obtained from gas or electricity.