In this study, experiments were performed to use the waste heat in a billet casting industry utilizing bismuth telluride thermoelectric generators (TEGs). Four d-type absorber plates made of copper were installed above the manufactured billet during the cooling process. Three sides of each absorber plate were attached to thermoelectric units. Therefore, a total of 12 units of the thermoelectric system were found to generate a power of 339 W. The power density of the TEG system was found to be 981 W/m2 while running the system at the operating voltage of the battery energy storage system (58 V). A one-dimensional numerical simulation was carried out using FloMASTERTM v9.1 (Mentor Graphics Corporation, Siemens, Dallas, TX, USA) to verify the experimental results, and the numerical results were found to exhibit good agreement with the experimental results. Furthermore, a one-dimensional numerical simulation was carried out to obtain the heat transfer characteristics at varying flow rates of cold water (Reynolds number = 2540–16,943) and at different inlet temperatures (10–25 °C) for the cold side of the TEG. The results indicate that the performance of the thermoelectric generator increases with an increase in the cold-water flow rate and a decrease in the inlet temperature of the cold water.
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