Thermoeconomic analysis of a trigeneration system

Methodology Development for a Comprehensive and Cost-Effective Energy Management in Industrial Plants

“…In other terms, the main issue is that costs occur and are directly related to the irreversibility taking place within each component. Accordingly thermoeconomics could represent a reliable approach to the optimisation of energy plants operation involving thermodynamic and economical aspects (Tstsaronis & Winhold, 1985), (Temir & Bilge, 2004), (Tstsaronis & Pisa, 1994). However, these studies have paid little attention in integrating the different individual energy management functions into one overall system.…”

“…Defining the equipments optimal set points Increasing the overall system efficiency (Sarimveis et al, 2003), (Arivalgan et al, 2000), (Von Spakovsky et al, 1995), (Frangopoulos et al, 1996), (Puttgen & MacGregor, 1996), (Tstsaronis & Winhold, 1985), (Temir & Bilge, 2004), (Tstsaronis & Pisa, 1994) Several studies on energy monitoring by using physical indicators to analyse energy efficiency developments in the manufacturing industry (especially the energy-intensive manufacturing industry) highlight the close relationship with the concept of specific energy consumption (energy use at the process level) and the international comparability of the resulting energy efficiency indicators as arguments advocating the use of physical indicators in the manufacturing industry (Farla & Blok, 2000), (Worrel at al., 1997). Moreover in (Kannan & Boie, 2003) the authors illustrate the methodology of energy management that was introduced in a German bakery with a clear and consistent path toward introducing energy management.…”

Optimal Management of Power Systems

“…In other terms, the main issue is that costs occur and are directly related to the irreversibility taking place within each component. Accordingly thermo-economics could represent a reliable approach to power plants operation optimisation involving thermodynamic and economical aspects (Tstsaronis & Winhold,1985;Temir & Bilge, 2004;Tstsaronis & Pisa, 1994). The purpose of this chapter is to highlight the importance of the optimal management of power plants in terms of environmental impact, fuel consumption and energy costs.…”

Analysis and Assessments of Combined Cooling, Heating and Power Systems in Various Operation Modes for a Building in China, Dalian

“…In the past research, a significant amount of effort has been made by researchers using minimization of economic cost as a criterion to evaluate CCHP systems [8][9][10][11][12]. However, if a CCHP system project is not economically feasible, other benefits from CCHP technology such as primary energy savings and emissions reduction could overcome the economic weakness.…”