Exergoeconomic Analysis of Thermal Systems
A special issue of Energies (ISSN 1996-1073). This special issue belongs to the section "J: Thermal Management".
Deadline for manuscript submissions: closed (31 October 2021) | Viewed by 3421
Special Issue Editors
Interests: applied thermodynamics; exergy-based methods; energy/refrigeration/cryogenic engineering; energy storage; hydrogen economy
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Interests: energy engineering, combustion technology, exergy-based methods, development, design, simulation and analysis of energy-conversion processes, optimization of the design and operation of energy systems, energy storage, decarbonization, and power plant technology
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Special Issue Information
Dear Colleagues,
Exergoeconomics is a unique exergy-based method that identifies and calculates the location, magnitude, causes, and costs of thermodynamic inefficiencies in a thermal system. The real inefficiencies in such a system are the exergy destruction and the exergy loss. Through a comparison between investment cost and cost of exergy destruction, the researcher/designer can decide for each important component of a system whether (a) an increase in the efficiency at the expense of investment cost or (b) a decrease in the investment cost at the expense of the efficiency would increase the cost effectiveness of the overall system. In order to better understand the interactions among different components (by splitting the investment cost and the cost of exergy destruction into endogenous and exogenous parts) and the real potential for improving the system (by splitting the investment cost and the cost of exergy destruction into unavoidable and avoidable parts), an advanced exergoeconomic analysis has been developed and already successfully applied to several systems. The information obtained from these methods is very useful in developing strategies for improvement and in the optimization of thermal systems. The conclusions obtained from the analysis and optimization (iterative and mathematical) based on conventional or advanced exergoeconomic analysis cannot usually be obtained when exergetic and economic analyses are applied separately.
Research and review papers dealing with the development and/or application of exergoeconomic analysis, evaluation, and/or optimization are sought for this Special Issue.
Prof. Dr. Tatiana Morosuk
Prof. Dr.- George Tsatsaronis
Guest Editors
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Keywords
- Exergoeconomic analysis
- Advanced exergoeconomic analysis
- Thermal systems
- Renewable energy systems
- Optimization
- Cost minimization
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