A new thermoeconomic methodology for energy systems

Energy

Volumn 35, Issue 1, 2010, Pages 410-422

  Kim, D J ^a  

^a Enecos   (South Korea)

Author keywords

CGAM; CHP; Cogeneration; Cost allocation; Exergoeconomics; Exergy; Optimization; Thermoeconomics

Indexed keywords

COGENERATION PLANTS; COST ACCOUNTING; ENTHALPY; EXERGY; OPTIMIZATION; POWER GENERATION; PROFITABILITY;

CGAM; COGENERATION; COST ALLOCATION; EXERGOECONOMICS; THERMO-ECONOMICS;

COST BENEFIT ANALYSIS;

COGENERATION; COST-BENEFIT ANALYSIS; ENERGY MARKET; ENTHALPY; EXERGY; OPTIMIZATION; THERMODYNAMICS;

CHANDIPURA VIRUS;

EID: 70949085964     PISSN: 03605442     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.energy.2009.10.008     Document Type: Article

References (22)

1. Abusoglu A., and Kanoglu M. Exergoeconomic analysis and optimization of combined heat and power production: a review. Renew Sustain Energy Rev 13 (2009) 2295-2308
2. Lozano M.A., and Valero A. Theory of the exergetic cost. Energy 18 9 (1993) 939-960
3. Valero A., Lozano M.A., Serra L., and Torres C. Application of the exergetic cost theory to the CGMA problem. Energy 19 3 (1994) 365-381
4. Erlach B., Serra L., and Valero A. Structural theory as standard for thermoeconomics. Energy Convers Manage 40 15-16 (1999) 1627-1649
5. Frangopoulos CA. Thermoeconomical functional analysis: a method for optimal design or improvement of complex thermal systems. Ph.D. Thesis. Atlanta, USA: Georgia Institute of Technology; 1983.
6. Frangopoulos C.A. Thermo-economic functional analysis and optimization. Energy 12 7 (1987) 563-571
7. Frangopoulos C.A. Application of the thermoeconomic functional approach to the CGAM problem. Energy 19 3 (1994) 323-342
8. Frangopoulos C.A. Intelligent functional approach: a method for analysis and optimal synthesis-design-operation of complex systems. J Energy Environ Econ 1 4 (1991) 267-274
9. Frangopoulos C.A. Optimization of synthesis-design-operation of a cogeneration system by the intelligent functional approach. J Energy Environ Econ 1 4 (1991) 275-287
10. Tsatsaronis G., Lin L., and Pisa J. Exergy costing in exergoeconomics. J Energy Resour-ASME 115 (1993) 9-16
11. Lazzaretto A., and Tsatsaronis G. On the calculation of efficiencies and costs in thermal systems. Proc ASME Adv Energy Syst Div 39 (1999) 421-430
12. Lazzaretto A, Tsatsaronis G. Comparison between SPECO and functional exergoeconomic approaches. In: Proceedings of the ASME international mechanical engineering congress and exposition - IMECE/AES-23656; November 2001;11-16.
13. Cziesla F., and Tsatsaronis G. Iterative exergoeconomic evaluation and improvement of thermal power plants using fuzzy inference systems. Energy Convers Manage 43 9-12 (2002) 1537-1548
14. Lazzaretto A., and Tsatsaronis G.S.P.E.C.O. a systematic and general methodology for calculating efficiencies and costs in thermal systems. Energy 31 5 (2006) 1257-1289
15. Kim S.M., Oh S.D., Kwon Y.H., and Kwak H.Y. Exergoeconomic analysis of thermal systems. Energy 23 5 (1998) 393-406
16. Kwon Y.H., Kwak H.Y., and Oh S.D. Exergoeconomic analysis of gas turbine cogeneration systems. Exergy 1 1 (2001) 31-40
17. Kwak H.Y., Byun G.T., Kwon Y.H., and Yang H. Cost structure of CGAM cogeneration system. Int J Energy Res 28 13 (2004) 1145-1158
18. von Spakovsky M.R., and Evans R.B. Engineering functional analysis-Parts I, II. J Energy Resour-ASME 115 2 (1993) 86-99
19. von Spakovsky M.R. Application of engineering functional analysis to the analysis and optimization of the CGAM problem. Energy 19 3 (1994) 343-364
20. Carolyn G. Regulation of heat and electricity produced in combined-heat-and-power plants (2003), The World Bank, Washington, DC
21. Valero A., Lozano M.A., Serra L., Tsatsaronis G., Pisa J., Frangopoulos C.A., et al. CGAM problem: definition and conventional solution. Energy 19 3 (1994) 279-286
22. Toffolo A., and Lazzaretto A. Evolutionary algorithms for multi-objective energetic and economic optimization in thermal system design. Energy 27 6 (2002) 549-567