2013
DOI: 10.1016/j.applthermaleng.2012.09.019
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Exergoeconomic analysis of a combined cycle system utilizing associated gases from steel production process based on structural theory of thermoeconomics

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Cited by 24 publications
(6 citation statements)
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“…The constants used in these cost functions may be different due to variation in Dollar price, but in the parametric-based exergoeconomic analysis, the results of variation in the equipment capital cost with a change in the operating parameters will show the same behavior. Therefore, in some recent papers similar cost functions are adopted from the works appeared even in the late 1960s [18,19]. Using Eq.…”
Section: Exergoeconomic Analysismentioning
confidence: 99%
“…The constants used in these cost functions may be different due to variation in Dollar price, but in the parametric-based exergoeconomic analysis, the results of variation in the equipment capital cost with a change in the operating parameters will show the same behavior. Therefore, in some recent papers similar cost functions are adopted from the works appeared even in the late 1960s [18,19]. Using Eq.…”
Section: Exergoeconomic Analysismentioning
confidence: 99%
“…The calculation formula of the equipment investment cost is selected from [27][28][29][30]. Using the above equations, the investment costs of each piece of equipment in the system can be obtained, as shown in Table 3.…”
Section: Thermoeconomic Cost Equationsmentioning
confidence: 99%
“…This criterion has been used by Ye and Li [ 11 ] and is equivalent to the criterion frequently used to allocate the cost of residues proportionally to entropy or negentropy generation along the processes of productive components [ 2 , 3 , 6 , 16 , 27 , 29 ]. In this approach, the productive purpose of the dissipative components of a system is to generate negentropy to compensate the entropy generation in the productive components.…”
Section: Exergetic Cost Analysismentioning
confidence: 99%
“…In this approach, the productive purpose of the dissipative components of a system is to generate negentropy to compensate the entropy generation in the productive components. In this way, the environment produces the negentropy necessary to bring the exhaust gases into equilibrium with the ambient, the condenser also generates negentropy by decreasing the steam entropy to reach the saturated liquid condition, and the HRSG generates negentropy for the combustion gases and entropy for the steam [ 29 ].…”
Section: Exergetic Cost Analysismentioning
confidence: 99%