Thermoeconomic optimization with a dissipation cost
Angela M. Ares de Parga-Regalado,
Gonzalo Ares de Parga
Abstract:From a finite-time thermodynamics perspective, a thermoeconomic analysis of a Novikov model employing a linear heat transfer law is carried out. A new component in the cost function is proposed to examine its relationship with waste management while operating in the maximum power, ecological, and efficient power regimes. The methodology consists of optimizing the profit function by including our new waste management cost function, leveraging the same method used by DeVos (“Endoreversible thermoeconomics,” Ener… Show more
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