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New rules for the exergo-economic optimization methodology

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  • Chejne, F
  • Restrepo, J.A

Abstract

New rules for the exergo-economic optimization methodology for multiproduct systems are presented. The rules include the loss of exergy unit cost due to irreversibilities when it is used in a subsystem. A comparison between the methodology using the new rules and with a different set of rules is presented here for the case of a cogeneration plant similar to the CGAM problem but using a combined cycle more detailed than CGAM. We found an exergy unit value lower than that found by Valero’s methodology for a waste stream.

Suggested Citation

  • Chejne, F & Restrepo, J.A, 2003. "New rules for the exergo-economic optimization methodology," Energy, Elsevier, vol. 28(10), pages 993-1003.
    • Handle: RePEc:eee:energy:v:28:y:2003:i:10:p:993-1003
    DOI: 10.1016/S0360-5442(03)00083-5
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    References listed on IDEAS

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    1. Valero, A. & Lozano, M.A. & Serra, L. & Torres, C., 1994. "Application of the exergetic cost theory to the CGAM problem," Energy, Elsevier, vol. 19(3), pages 365-381.
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    1. Abusoglu, Aysegul & Kanoglu, Mehmet, 2009. "Exergoeconomic analysis and optimization of combined heat and power production: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 13(9), pages 2295-2308, December.

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