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Economic performances optimization of an organic Rankine cycle system with lower global warming potential working fluids in geothermal application

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  • Yang, Min-Hsiung
  • Yeh, Rong-Hua

Abstract

The aim of this study is to investigate the economic optimization for an ORC system utilizing the geothermal energy. An economic parameter of net power output index, which is the ratio of net power output to the total cost, is proposed to optimize the ORC system using zero ODP and lower GWP working fluids. The maximum net power output index is obtained and the corresponding optimal pinch point temperature differences of heat exchangers are also evaluated for the ORC system. Furthermore, the analyses of the corresponding operating temperatures and pressures on the optimal economic performances of the ORC system are carried out. The effects of turbine inlet temperatures and their corresponding optimization are also discussed. The results show that R600 performs the most satisfactorily followed by R600a, R1233zd, R1234yf, R1234ze, and R290 under economic performance optimization. Moreover, the pinch point temperature differences in the evaporator vary more significantly than those in the condenser in optimal economic evaluations. The ORC system operated with R600, R600a, and R1233zd would have reductions in the proportion of equipment purchased cost from large to small attributed to lower operating pressures.

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  • Yang, Min-Hsiung & Yeh, Rong-Hua, 2016. "Economic performances optimization of an organic Rankine cycle system with lower global warming potential working fluids in geothermal application," Renewable Energy, Elsevier, vol. 85(C), pages 1201-1213.
    • Handle: RePEc:eee:renene:v:85:y:2016:i:c:p:1201-1213
    DOI: 10.1016/j.renene.2015.07.067
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    7. Mokhtari, Hamid & Hadiannasab, Hasti & Mostafavi, Mostafa & Ahmadibeni, Ali & Shahriari, Behrooz, 2016. "Determination of optimum geothermal Rankine cycle parameters utilizing coaxial heat exchanger," Energy, Elsevier, vol. 102(C), pages 260-275.
    8. Zhang, Cheng & Liu, Chao & Wang, Shukun & Xu, Xiaoxiao & Li, Qibin, 2017. "Thermo-economic comparison of subcritical organic Rankine cycle based on different heat exchanger configurations," Energy, Elsevier, vol. 123(C), pages 728-741.
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    10. Li, Jing & Alvi, Jahan Zeb & Pei, Gang & Su, Yuehong & Li, Pengcheng & Gao, Guangtao & Ji, Jie, 2016. "Modelling of organic Rankine cycle efficiency with respect to the equivalent hot side temperature," Energy, Elsevier, vol. 115(P1), pages 668-683.
    11. Sanne Lemmens, 2016. "Cost Engineering Techniques and Their Applicability for Cost Estimation of Organic Rankine Cycle Systems," Energies, MDPI, vol. 9(7), pages 1-18, June.
    12. Zhang, Cheng & Liu, Chao & Xu, Xiaoxiao & Li, Qibin & Wang, Shukun, 2019. "Energetic, exergetic, economic and environmental (4E) analysis and multi-factor evaluation method of low GWP fluids in trans-critical organic Rankine cycles," Energy, Elsevier, vol. 168(C), pages 332-345.
    13. Welzl, Matthias & Heberle, Florian & Brüggemann, Dieter, 2020. "Experimental evaluation of nucleate pool boiling heat transfer correlations for R245fa and R1233zd(E) in ORC applications," Renewable Energy, Elsevier, vol. 147(P3), pages 2855-2864.
    14. Semih Kuter & Gerhard-Wilhelm Weber & Zuhal Akyürek, 2017. "A progressive approach for processing satellite data by operational research," Operational Research, Springer, vol. 17(2), pages 371-393, July.
    15. Samadi, Fereshteh & Kazemi, Neda, 2020. "Exergoeconomic analysis of zeotropic mixture on the new proposed organic Rankine cycle for energy production from geothermal resources," Renewable Energy, Elsevier, vol. 152(C), pages 1250-1265.
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