Investigation of the effect of the water phase in the evaporator inlet on economic performance for an Organic Rankine Cycle (ORC) based on industrial data

Investigation of the effect of the water phase in the evaporator inlet on economic performance for an Organic Rankine Cycle (ORC) based on industrial data

Accepted Manuscript Title: Investigation of the effect of the water phase in the evaporator inlet on economic performance for an organic rankine cycle...

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Accepted Manuscript Title: Investigation of the effect of the water phase in the evaporator inlet on economic performance for an organic rankine cycle (ORC) based on industrial data Author: N.Filiz Tumen Ozdil, M.Rıdvan Segmen PII: DOI: Reference:

S1359-4311(16)30260-5 http://dx.doi.org/doi: 10.1016/j.applthermaleng.2016.02.117 ATE 7846

To appear in:

Applied Thermal Engineering

Received date: Accepted date:

8-1-2016 28-2-2016

Please cite this article as: N.Filiz Tumen Ozdil, M.Rıdvan Segmen, Investigation of the effect of the water phase in the evaporator inlet on economic performance for an organic rankine cycle (ORC) based on industrial data, Applied Thermal Engineering (2016), http://dx.doi.org/doi: 10.1016/j.applthermaleng.2016.02.117. This is a PDF file of an unedited manuscript that has been accepted for publication. As a service to our customers we are providing this early version of the manuscript. The manuscript will undergo copyediting, typesetting, and review of the resulting proof before it is published in its final form. Please note that during the production process errors may be discovered which could affect the content, and all legal disclaimers that apply to the journal pertain.

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Investigation of the effect of the water phase in the evaporator inlet on economic

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performance for an Organic Rankine Cycle (ORC) based on industrial data

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N.Filiz TUMEN OZDIL1*, M.Rıdvan SEGMEN2

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Department of Mechanical Engineering, Adana Science and Technology University, 01180 Adana, Turkey

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E-mail address: [email protected], [email protected]

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*Corresponding Author: [email protected]

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Highlights:

1

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Exergoeconomic analysis of an Organic Rankine Cycle (ORC).

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Determination of exergoeconomic performance for four different water phases in the

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evaporator inlet. 

Determination of the components having highest and lowest exergoeconomic factor.

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ABSTRACT

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In this paper, exergoeconomic analysis of an Organic Rankine Cycle (ORC) is presented for a

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local power plant, located in the southern of Turkey. Specific Exergy Costing Method

18

(SPECOM) is applied using balance and auxiliary equations for the exergoeconomic analysis.

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The capital investment cost, operating and maintenance costs and total investment cost of

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ORC steam plant are calculated as 7.43 $/h, 6.69 $/h and 14.12 $/h, respectively. The unit

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exergy cost and exergy cost of the electricity produced by the turbine are found as 11.05 $/GJ

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and 14.96 $/h, respectively. In order to show the effect of the water phase in the evaporator

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inlet on economic performance of the system, exergoeconomic factor of the system is

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calculated for four different water phases. When the evaporator inlet phase is saturated liquid

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form, better exergoeconomic performance is observed for the system. The highest

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exergoeconomic factor is observed in the pump because of the lowest exergy destruction rate

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and low total investment cost while the lowest exergoeconomic factor is observed in the

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evaporator due to the highest exergy destruction rate in evaporator. Moreover, payback period

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assessment is calculated as 3.27 years for the ORC power plant.

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Key Words: Exergoeconomic analysis, Exergy, Heat recovery, Organic Rankine Cycle,

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SPECO Nomenclature c

unit exergy cost ($/GJ)

Subscripts

Ċ

exergy cost ($/h)

Zt

total investment cost

ĊD

exergy Destruction cost rate

cond

Condenser

ex

specific exergy (kJ/kg)

Ċturb

exergy cost due to work at turbine

ĖxD

exergy Destruction (Kw)

Ċpump

exergy cost due to work at pump

f

exergoeconomic factor

cons

Consumed

h

specific enthalpy (kJ/kg)

cyc

cycle



mass flow rate (kg/s)

dest

Destruction

P

pressure (bar)

evp

Evaporator

pp

pinch point

rate of heat transfer (kW) s

specific entropy (kJ/kg K)

rej

rejection

T

temperature (K)

sat

Saturated

W

rate of work (kW)

sup

Superheated

2

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Ż

hourly levelized cost of investment $/h

comp

compressed

0

reference state

turb

Turbine

r

refrigerant

Greek symbols

w

water

Σ

total

Abbreviation

η1,cyc

first law efficiency

CI

capital investment

η2,cyc

second law efficiency

CR

cost rate

φ

CRF

capital recovery factor

OM

operating and maintenance

ORC

organic Rankine Cycle

PEC

purchased equipment cost

operating and maintenance cost factor

SPECOM specific exergy costing method 32 33

1. Introduction

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Energy can not be generated or consumed by itself so the energy conservation process

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become the vital concept in the world. The waste heat recovery is the most suitable source for

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the energy conservation due to lack of the fossil fuels and global warming. The waste heat

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recovery process helps the energy conservation and decrement of the thermal pollution.

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Although the steam turbine is the most common technology in the energy conversion process,

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due to necessity of high operational temperature and pressure, it is not suitable for low

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temperature and pressure condition. Organic Rankine Cycle is generally preferred for the

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processes having low temperature like T< 150oC. This process is called as Organic Rankine

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Cycle owing to usage of the organic fluid as working fluid instead of water and high pressure

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steam.

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Exergy is the measurement of the maximum useful work that can be obtained from the

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system. Therefore, it has become more important research topic than energy in order to

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determine the useful work. Because of the irreversibility, exergy can be consumed or

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destroyed in the processes. The consumption of the exergy rate in a process is directly related

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with the entropy generation. The exergoeconomic analysis is a method that comes out with

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the combination of both the exergy and economic analysis. The exergoeconomic method has a

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huge potential to optimize the systems using effectiveness of the energy and exergy. The

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overall aims of the exergoeconomic analysis are listed as below;

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i.

detailed analysis of the cost formation and the cost flow in a system

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ii.

demonstration of the specific variables for each components in a convenient way

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iii.

indication of the relationship between the cost based performance and the

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thermodynamic performance iv.

optimization of the whole system performance in terms of economic structure

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There are a number of exergoeconomic methods in thermodynamics such as

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Thermoeconomic Functional Analysis (TFA) [1,2], Exergy Economic Approach (EEA) [3],

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Last-In-First-Out Approach (LIFOA) [4], Exergetic Cost Theory (ECT) [5], Structural

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Analysis Approach (SAA) [6], Engineering Functional Analysis (EFA) [7], First

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Exergoeconomic Approach (FEA) [8], and Specific Exergy Costing Method (SPECOM) [9].

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In this paper, SPECO method is applied in order to understand the cost formation process of

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the ORC system. The traditional SPECO method consists of the below three steps;

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i.

Step 1: identification of the exergy streams 4

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ii.

Step 2: definition of the fuel and product

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iii.

Step 3: forming the cost equations

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There are a lot of studies about ORC for the power generation from the waste heat

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recovery. In research of Kaşka [10], the energy and exergy analyses of a steel plant were

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performed using actual plant data. He concluded that the exergy destruction rate was listed

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from higher to lower as evaporator, turbine, condenser and pump. Moreover, it was observed

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that the evaporator pressure had an important effect on the energy and exergy efficiency.

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Ozdil et al. [11] presented a thermodynamic analysis of an ORC in a local power plant.

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Furthermore, the relationship between the pinch point and the exergy efficiency was

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observed. The energy and exergy efficiencies of the ORC were calculated as 9.96% and

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47.22%, respectively for saturated liquid form. Moreover, exergy destruction and exergy

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efficiencies of components and overall system were calculated for different water phases. The

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analyses showed that evaporator had an important effect on the system efficiency depending

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on the exergy rate. Esen et al. [12] demonstrated the energetic and exergetic performance of

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ground coupled heat pump system as a function of depth trenches for heating season. They

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performed horizontal ground heat exchangers (HGHEs) buried 1 m and 2 m depth trenches.

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The energy efficiencies of ground coupled heat pump systems for horizontal ground heat

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exchangers (HGHE1 and HGHE2) were obtained to be 2.5 and 2.8. The exergetic efficiencies

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of the heat pump system were found as 53.1% and 56.3% for HGHE1 and HGHE2.

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Furthermore, the irreversibility of HGHE2 was less than that of about 2.0% in comparison

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with HGHE1. The results showed that the energetic and exergetic efficiencies of the system

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increased with increasing the heat source temperature for heating season. The increment of

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the reference environment temperature caused the decrement of the exergy efficiency in

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HGHE1 and HGHE2.

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There are limited studies about exergoeconomy. Quoilin et al. [13] focused on a

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thermodynamic and thermoeconomic optimization of a small scale ORC which is used in

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waste heat recovery application. A resized model of the ORC was proposed in order to predict

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the cycle performance with different working fluids and different components sizes. The

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optimum economical cost was obtained as 2136 €/kW for n-butane while the optimum

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thermodynamic performance was obtained as 5.22% for the same fluid. Khaljani et al. [14]

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presented a thermodynamic, exergoeconomic and environmental assessment of a cogeneration

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of the heat and power cycle. The results showed that the most exergy destruction rate took

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place in the combustion chamber, and it was followed by heat recovery steam generator and

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gas turbine. The exergoeconomic factor was 10.59% for the whole cycle. And, it indicated

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that the exergy destruction cost rate was higher than capital investment cost rate. Moreover, in

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order to assess the effects of the design parameters on the objective functions, a parametric

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study was conducted. The results revealed that the increment in pressure ratio and isentropic

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efficiency of air compressor and gas turbine improved the thermodynamic performance of the

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system. However, the more increment of the parameters yielded worse in the total cost rates.

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Wang et al. [15] studied a theoretical model on the payback period of an ORC system for

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recovering low-grade waste heat of flue gas. Based on the minimum payback period principle,

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a comprehensive internal parameter optimization was carried out in their study. Moreover, the

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effects of external parameters on the payback period were analyzed and a new criterion of

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screening working fluids was proposed. Their results showed that the payback period of the

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ORC system decreased first than increased as the evaporation temperature, condensation

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temperature, and the pinch point temperature differences increased in the evaporator and

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condenser.

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Hajabdollahi et al. [16] presented four different analyses including energy, efficiency,

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economic and environment for equipment selection and waste heat recovery on a diesel 6

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engine using Organic Rankine Cycle. The design parameters were selected as nominal

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capacity of diesel engine, diesel operating partial load, evaporator pressure, condenser

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pressure and refrigerant mass flow rate. Four different refrigerants such as R123, R134a,

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R245fa and R22 were selected and employed as working fluids. The results showed that the

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best working fluid was R123 in both of the economical and thermodynamic point of view,

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while the worst working fluid was R22. Furthermore, R245fa showed similar results with

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R123 in terms of efficiency and total annual cost. They concluded that R245fa seemed as a

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good backup for R123. They concluded that non-dimensional cost didn’t effect optimization

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of the thermal efficiency. Li [17] evaluated thermoeconomic performance of Kalina and CO2

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transcritical power cycle for low temperature geothermal sources. He crosschecked for the

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mentioned two cycles using six parameters which were net power output, thermal efficiency,

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exergy efficiency, total heat exchanger area, cost per net power (CPP) and the percentages in

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the total cost (PHC). They represented that Kalina cycle had a higher thermal efficiency and

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net power output. On the other hand, Kalina cycle had less exergy efficiency than that of the

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CTPC. Desai and Bandyopadhyay [18] compared the organic Rankine and steam Rankine

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cycles in terms of termoeconomic point of view. They suggested selection methodology based

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on thermoeconomic analysis for working fluids of power generating cycles. They concluded

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that the condition of equality of levelized cost of energy (LCOE) was one of the most

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important items for the working fluid selection. Qureshi [19] conducted thermoeconomic

133

optimization of power systems using finite thermal capacitances for design situation. They

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used internal irreversibility multiplier which could disregard some details. They observed

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changing in the cycle thermal efficiency for endoreversible case. Park et al. [20] performed

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thermo-economic analysis of 300 MW class IGCC power plant using ASPEN Plus®. They

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calculated the levelized cost of electricity (LCOE) using the total revenue requirement (TRR)

7

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method. They observed that reduction of the LCOE led to improved system efficiency

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because of lower carrying charge, O&M cost and fuel cost.

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Esen and Yuksel [21] investigated a greenhouse that heated using solar, biogas and ground

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energy in Elazig, city of Turkey. They constructed a greenhouse with dimensions 6 m x 4 m x

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2.10 m and required heating load was determined. In order to test the different energy sources,

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three different heat pump heating system with horizontal slinky ground heat exchanger were

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designed and built. Moreover, the effects of operating parameters and climatic conditions on

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the system performance parameters were examined. They concluded that solar energy can be

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stored underground and used to increase soil temperature. In addition, it was observed to be

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an advantage heating the greenhouse beside reactor for energy savings in heating process

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using biogas. According to study of Esen et al. [22], the performance experiments and

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economic analysis of a horizontal ground source heat pump system were performed. The

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horizontal ground space heat pump system, which attached to a test room, was designed and

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built for space heating. The performance was evaluated under real operating conditions.

152

Moreover, a detailed cost analysis was applied and payback period was determined. The

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annualized life cycle cost method was used in the economical analysis, in order to compare

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the ground source heat pump system with conventional heating methods. The results showed

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that the ground source heat pump system has some economic advantages compared with other

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conventional heating methods but it was not an economic choice over the natural gas. Esen et

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al. [23] examined the differences between a ground coupled heat pump system and an air

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coupled heat pump system, in their study. The investigated systems were attached to a test

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room in Firat University and they were designed and built for space cooling. The

160

performances of the ground coupled heat pump system and the air coupled heat pump system

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were analyzed, experimentally for cooling season from June to September. The results

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showed that the COP of the ground coupled heat pump system were found as 3.85 and 4.26 8

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for horizontal ground heat exchanger in the different trenches at 1 m and 2 m depths. The

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COP of the air coupled heat pump system was obtained as 3.17. They concluded that the

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system parameters affected the performance of the system and the ground coupled heat pump

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systems were more preferable in comparison with the air coupled heat pump systems in terms

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of space cooling in economic point of view.

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Even though, there are a few studies addressing the exergoeconomic analysis of the

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power generation plants, detailed discussions and analysis of the relationship between the

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exergy and economic sustainability of the ORC system for the real industry are necessary. In

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this study, an extensive exergoeconomic analysis is carried out for an ORC which generates

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electricity using waste heat recovery in a local steel plant. Based on the data obtained from the

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thermodynamic analysis, the exergoeconomic analysis and the exergetic performance

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assessment are performed for each component of the ORC system and exergy-cost relations

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are resolved in parts.

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The novelties of this study can be listed as below;

177

i.

This study presented an extensive exergoeconomic analysis for a running

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Organic Rankine Cycle (ORC) plant, located in southern of Turkey. Different

179

from studies in literature; economic performance comparison was examined for

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four different water phases in the evaporator inlet (sat. liq., X=0.3, X=0.7 and sat.

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vapor) in order to show the effect of the different water phases in the evaporator

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inlet on economic performance.

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ii.

Moreover, the purchased equipment cost (PEC), the cost rate (CR), the levelized

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capital investment (ZiCI), operating and maintenance costs (ZiOM) and total

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investment costs (ZiT) of the system components are calculated. In order to show

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the exergoeconomic performance of the system components, exergy destruction

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cost rates and the exergoeconomic factor rates of the components are graphed.

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iii.

Furthermore, the payback assessment analysis is applied on the system to obtain

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the payback time of the ORC steam plant for saturated liquid in the evaporator

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inlet phase.

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2. System description

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In this study, the exergoeconomic analysis is performed for the running ORC system

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which is located in Adana, Turkey. The ORC produces electricity using waste heat in low

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temperature in order to reduce the operating costs of the company. The investigated system

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has 260.4 kW capacity and specifications of the system components are demonstrated in

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Table 1.

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The system involves an evaporator, a condenser, a turbine and a pump as subcomponent.

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The generator, heating and cooling water collectors are accepted as the auxiliary components.

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The working fluid used in the ORC cycle is R245fa (Pentafluoropropane) which has good

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thermodynamic properties such as low specific heat and viscosity, low toxicity, low ozone

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depletion potential, low flammability. Most of the ORC systems use R245fa as the working

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fluid which has moderate global warming potential of 1030, power density, and lower critical

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pressure at higher temperature [24]. Owing to the above mentioned properties and the

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favorable economic conditions, the R245fa is a convenient option for working fluid. The

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properties of the R245fa are shown in Table 2.

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The schematic diagram of the ORC system is illustrated in Fig. 1. In the system, working

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fluid is pumped, firstly; then low pressure fluid is compressed to high pressure fluid by a

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pump as can be seen in Fig. 1. (state 5 to 6). Later, the high pressure fluid enters and passes

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through the evaporator. In the evaporator, the high pressure fluid (6) has become heated and

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pressurized vapor (3) using the heat capacity of inlet water (state 1 to 2). After that the heated

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and pressurized vapor enters to the turbine. While it leaves from turbine as low pressure

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vapor, it leads to electricity generation (state 3 to 4). Lastly, the low pressure vapor goes

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through the condenser, and the working fluid leaves from the condenser as saturated liquid

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(state 4 to 5) and the cycle continues so on.

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Some amounts of data are measured from the system and the remaining data are obtained

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from the computer aided control panel directly. Dead state conditions of the working fluid

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(R245fa) and the water are accepted as 1 bar and 25oC. Before the performing the analysis,

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the first step is to measure the mass flow rate of the condenser cooling water (7). Mass flow

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rate of the condenser cooling water is measured by GE-PT878 which is ultrasonic flowmeter

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equipment ranges from ½”-7,6mm with ± 1% accuracy. Mass flow rate of the R245fa is

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calculated from the mass and energy balance equations from the condenser cooling water and

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the mass flow rate of the evaporator inlet water is estimated from the first law of the

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thermodynamic. The water collectors on the system are placed in the evaporator and

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condenser inlet and outlet. Pressure and temperature measurement devices are put on

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collectors in order to measure the thermophysical properties of the water and the working

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fluid.

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3. Analysis

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The aim of this study is to apply an exergoeconomic analysis in order understand the

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connection between the cost performance and the thermodynamic performance of the ORC

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system. The exergoeconomic balance equations are implemented on the ORC system using

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the data obtained from the first and second law of thermodynamics.

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The first law of the thermodynamics is explained as the conservation of the energy. The total

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energy, which is being constant in the processes, can be converted or transferred. The second

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law of thermodynamics claims that energy has quality as well as quantity. The second law of 11

Page 11 of 31

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thermodynamics is applied to determine the quality as well as the degree of energy reduction

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during a process. The second law refers to the change of the quality of the energy during the

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phase change in the processes. The maximum useful work in a process is called as exergy.

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The higher exergy destruction rate means lower useful energy conversion in the processes.

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The following assumptions were made in this study;

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 Pressure drops, potential and kinetic energy changes on the system are neglected.

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 The system operates in a continuous steady state flow process.

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 The system is adiabatic which means there is no heat loss.

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The exergy balance and auxiliary equations for the each component are shown in Table 3.

245

The thermoeconomic analysis combines exergy and economic analyses to provide

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information that is not accessible with general energy and exergy analysis. In general, for the

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economic analysis, a cost balance can be formulated for the steady state system for each

248

control volume i:

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∑ Ċin,i + ŻiT = ∑ Ċout,i + ĊiW + ĊiQ

(1)

250

Ċi = ciExi

(2)

251

ĊiW = ciWi

(3)

252

ĊiQ = ciExiQ

(4)

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ŻiT = ŻiCI + ŻiOM

(5)

254

where Ċi, ĊiW, ĊiQ are the exergy costs of the flow, power and heat, respectively; ci, ciw, ciq

255

are the unit exergy costs of the flow, power and heat, respectively; Exi, Wi and ExiQ are the

256

exergy of the flow, power and heat entering and leaving control volume; ŻiCI, ŻiOM and ŻiT are

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the hourly levelized costs of the capital investment, operating and maintenance and the total

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cost of equipment inside the control volume.

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The hourly levelized cost approach is used to calculate ŻiCI with using equations below:

260

The capital recovery factor (CRF):

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CRF = (i(i+1)n)/((i+1)n-1)

262

The hourly levelized capital investment cost of the ith component at the ŻiCI :

263

ŻiCI = (CRF/τ)PECi

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The cost rate of the subsystems CRi:

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CRi = PECi / ∑ PECORC

266

Where i, n, τ and PEC are the interest rate, the life time of the plant, total annual number of

267

hours of the system operated at a full road and the purchased equipment cost, respectively.

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For this system i, n and τ are taken as 0.1, 20 years and 7,900.

269

ŻiOM = ŻiCI φ

270

Where the maintenance and operating costs are considered with the factor φ = 0.9 for the

271

steam plant and its auxiliary components.

272

The total investment price of the examined ORC power plant is 500,000 $ and the

273

subsystem’s costs are calculated with the cost rates given by the manager of the plant.

274

The unit exergy cost of the electricity is;

275

cW = PrW/(ER 3,600 10-6) (s/h) (GJ/kJ)

(6)

(7)

(8)

(9)

(10)

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276

Where PrW and ER are called as the electricity sell price in the Turkish Lira (TL) and the

277

exchange rate (TL/$), respectively [26]. The unit exergy cost of the heating source and the

278

working fluid are assumed to be 1.3$/GJ [27] and 15.6$/GJ [28] respectively.

279

The aim of the exergoeconomic analysis is to understand the cost formation process and

280

calculations of the cost rate for each product on the steam plant. In this study, analyses are

281

performed for four different water phases of evaporator inlet in order to investigate the effect

282

of water phase on exergoeconomic performance. These conditions can be listed as;

283

i.

Saturated liquid,

284

ii.

Water mixture (quality 0.3),

285

iii.

Water mixture (quality 0.7),

286

iv.

Saturated vapor phase of the evaporator inlet.

287 288

The given exergoeconomic parameters are taken into consideration to understand the frame of the cost and exergy flows:

289

i.

The average unit cost of the fuel, cf,i,

290

ii.

The average unit cost of the product,cp,i,

291

iii.

The cost rate of the exergy destruction, cD,i,

292

iv.

The exergoeconomic factor, fi,

293

fi = ZiT / (ZiT + (cf,i (ExD,i + ExL,i)))

(11)

294

The exergoeconomic factor provides comprehensive information regarding the

295

combination of the non-exergy costs (capital investments, operating and maintenance costs),

296

the exergy destruction and the exergy loss. The exergetic fuel is defined as the consumed 14

Page 14 of 31

297

resource for generating product in the ORC system. The cost rate of the exergy destruction

298

shows how much $/h can be destructed during the operation. In order to increase the system

299

effiency, the pinch point temperature is found as 105.2oC and ΔTpp is found as 6.2oC. The

300

result is similar with Kaşka [10] and Ozdil [11].

301

4. Results and Discussions

302

The ORC produces electricity using waste heat with low temperature. In this study, the

303

extensive exergoeconomic analysis is performed using the first and second laws of the

304

thermodynamics and economic parameters in order to observe the relationship between

305

thermodynamics and economic performance of components for the running ORC power plant.

306

Furthermore, the effect of the different water phases in the evaporator inlet on the economic

307

performance of the system is examined in this study. Four different water phases in the

308

evaporator inlet are examined. When the water phase in the evaporator inlet is saturated liquid

309

in condition-1, the exergy efficiency of the system is calculated as 38.79%. In condition-2,

310

water phase in the evaporator inlet is assumed as saturated water mixture which is quality is

311

0.3. The exergy efficiency of the system is calculated as 34.69% for condition-2. In condition-

312

3, water phase in the evaporator inlet is assumed as saturated water mixture which is quality is

313

0.7. The exergy efficiency of the system is calculated as 34.29% for condition-3. Moreover, in

314

condition-4, water phase in the evaporator inlet is assumed as saturated vapor. The exergy

315

efficiency of the system is calculated as 34.16% for condition-4. The exergy destruction rates

316

and the exergy efficiencies of the all system components are shown in Table 4 for all

317

conditions. Based on the Table 4, the exergy efficiencies of evaporator, turbine, condenser

318

and pump are calculated as 72.55%, 69.7%, 28.69% and 85.2%, respectively for condition-1.

319

Exergy loss in the cycle is sum of the total exergy destruction and exergy transferred to the

320

condenser cooling water. In other words, exergy transfer rate from the R245fa to the

321

condenser cooling water is assumed to be part of the exergy destruction. As a result, exergy 15

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322

loss is the exergy rate extracted from the evaporator. Unlike exergy loss, exergy destruction

323

means internal losses by the components because of the irreversibility. The major exergy

324

destruction occurs in the evaporator with about 178.18 kW and followed by the turbine,

325

condenser and pump for condition-1. These results are compatible with Kaşka [10] and

326

Khaljani [14]. The exergy transfer rate from the R245fa to the condenser cooling water is

327

assumed to be part of the exergy destruction in this study.

328

The purchased equipment cost, the cost rate, the hourly levelized capital investment cost,

329

operating and maintenance cost and the total investment costs of the ORC power plant with its

330

components are shown in Table 5. The capital investment cost, operating and maintenance

331

costs and total investment cost for ORC power plant are found as 7.434 $/h, 6.69 $/h and

332

14.124 $/h, respectively. The distribution of the cost rates, the purchased equipment costs and

333

the total investment costs of the components are also presented in Figs. 2-3-4, respectively. As

334

can be seen in Figs. 2-3-4, the highest cost rate, the highest purchased equipment cost and the

335

highest total investment cost values are found as 0.6, 300,000 $ and 8.47 $/h for the turbine

336

due to the high purchased equipment-total system cost ratio. The cost balance equations are

337

demonstrated in Table 6. Moreover, unit exergy cost and exergy cost of the components for

338

the ORC power plant are shown in Table 7 and 8 for conditions 1-2-3-4 with respect to the

339

state numbers as can be seen in Fig. 1. Based on the cost balance equations (Table 6), the unit

340

exergy cost and exergy cost of the electricity produced by the turbine are calculated as 11.05

341

$/GJ and 14.96 $/h for condition-1, 11.22 $/GJ and 15.2 $/h for condition-2, 11.25 $/GJ and

342

15.24 $/h for condition-3 and 11.3 $/GJ and 15.28 $/h for condition-4, respectively.

343

The exergy destruction cost rates of the system components are demonstrated in Fig. 5 for

344

condition-1. The evaporator and the turbine have the highest exergy destruction cost rate

345

because of their higher exergy destruction rate and higher cost of fuel values. It is consistent

346

with study of Khaljani [14]. Fig. 6 shows the effect of the exergy destruction cost rate for four

16

Page 16 of 31

347

different conditions. The lowest exergy destruction cost rate is calculated for condition-1

348

because condition-1 has the lower exergy destruction rate than that of other conditions.

349

Furthermore, the increment of the exergy destruction causes high the exergy destruction cost

350

rate. The exergoeconomic factors of the system subcomponents for condition-1 are illustrated

351

in Fig. 7. The results showed that the highest exergoeconomic factor is found in pump like

352

study of El-Emam [29] because of it’s low exergy destruction rate and low total investment

353

cost value. Moreover, the lowest exergoeconomic factor is calculated for the evaporator

354

because of the high exergy destruction rate. When compared with the study of Shokati N. et

355

al [30], the similar results are observed. The exergoeconomic factors of the system for the

356

condition 1-2-3-4 are calculated as 65.8%, 64.23%, 64.16% and 64.1%, respectively as shown

357

in Fig. 8. When the water phase changes from condition-1 to condition-4, exergy destruction

358

cost rates of the systems and evaporators increases gradually.

359

exergoeconomic factor of the evaporator and the entire system slightly decreases due to the

360

increment of the exergy destruction cost rate. Evaporator is the most important component in

361

terms of exergoeconomic point of view. In order to decrease the exergy destruction in the

362

evaporator, heat input can be decreased. Namely, condition-1 is more efficient than condition-

363

1-2-3 because heat input is lower from that of the other conditions. When the evaporator inlet

364

phase is saturated liquid form, better exergoeconomic performance is observed for the system.

365

5. Payback Period Assessment

Furthermore, the

366

Payback period is determined as the required time to recover an investment. The payback

367

period of an investment or project is an important parameter in order to evaluate the recycling

368

time of the system. Namely, longer payback periods are not desirable for investment

369

positions.

370

PEC ($) = 500,000 $

17

Page 17 of 31

371

Capacity of the turbine: 260.4 kWh

372

Operation time: 7900 h/y

373

Utility rate: 0.1 $

374

Operational and maintenance cost: 52,851 $/y

375

Full capacity electricity generation: (259kWh) x (7900h/y) = 2,057,160 kWh/y

(A.1)

376

Full capacity gross return: (2,057,160kWh/y) x (0.1$) =205,716$ kWh/y

(A.2)

377

Full capacity net return: (205,716$) – (52,851$) = 152,865 $

(A.3)

378

Full capacity payback years: PEC / Full capacity kW/y

379

 500,000$ / 152,865$ = 3.27 y

(A.4)

380

According to calculations; initial investment can pay for itself 3.27 years after. These

381

calculations and recommended results can be used for continuing investments and it gives an

382

idea for setting up ORC power plant.

383

6. Conclusions

384

This study presents a detailed exergoeconomic analysis of a running ORC cycle in steel

385

industry. Exergoeconomic balance equations are solved using the results obtained from the

386

first and second laws of thermodynamics analyses. The major exergy destruction occurs in the

387

evaporator with about 178.18 kW and followed by the turbine, condenser and pump for

388

condition-1. The major reasons of the inefficiency in the evaporator are high heat input,

389

namely water phase of the evaporator inlet. The exergy efficiencies of the ORC power plant

390

for the condition 1-2-3-4 are calculated as 38.79 %, 34.69%, 34.29% and 34.16%

18

Page 18 of 31

391

respectively. The exergy destruction rates of the condition 1-2-3-4 are calculated as 399.13

392

kW, 444.82 kW, 484.15 and 487.05, respectively for the overall system.

393

The exergy cost and unit exergy cost values are calculated in order to perform the

394

exergoeconomic analysis. The turbine and evaporator have the highest cost rate value; so that,

395

these components are the most important parts of the system. The capital investment cost,

396

operating and maintenance costs and total cost of the ORC power plant are found as 7.43 $/h,

397

6.69 $/h and 14.12 $/h, respectively. For the condition-1, 260.4 kW power can be generated in

398

the system that temperature and flow rate of the waste heat source are 125oC and 17.74 kg/s,

399

respectively. This means 4.07x10-3 kW electricity generation per kilogram of the heat source.

400

Exergoeconomic cost analysis shows that the exergy cost of the heat source and exergy cost

401

of the electricity produced by the turbine are 4.83 $/h and 14.96 $/h, respectively for

402

condition-1. On the other hand, the exergy cost of the heat source and exergy cost of the

403

electricity produced by the turbine are calculated as 3.76 $/h and 15.20 $/h for condition-2,

404

3.61 $/h and 15.24 $/h for condition-3 and lastly 3.57 $/h and 15.28 $/h for condition-4,

405

respectively. For the all conditions, the evaporator component has the lowest exergoeconomic

406

factor rate due to the high exergy destruction rate while the pump has the biggest

407

exergoeconomic factor rate because of the low total investment cost and the low exergy

408

destruction rate. The exergoeconomic factors of the system for the condition-1-2-3-4 are

409

calculated as 65.8%, 64.2%, 64.16% and 64.11% respectively. When the condition-1 is

410

compared with the other conditions, the highest exergoeconomic factor is observed

411

forcondition-1. Namely, low heat input causes better efficiency and economic performance.

412

Based on the observations, the evaporator inlet phase has important effect on economical

413

performance of the system. When the evaporator inlet phase is saturated liquid form, better

414

exergoeconomic performance is observed for the system. In addition, the payback calculations

415

show that the payback period of the ORC power plant is calculated as 3.27 years. 19

Page 19 of 31

416

References

417

[1] Frangopoulos, C.A. Thermoeconomic functional analysis: a method for optimal design or improvement of

418

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[6] Valero, A., Torres, C., Serra, L., & Lozano, M. A. A General Theory of Thermoeconomics, Parts I and II,

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[7] Von Spakowsky, M.R. A Practical generalized analysis approach to the optimal thermoeconomic design and

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improvement of real-world thermal systems. PhD Thesis, Georgia Institute of Technology, Georgia, USA, 1986.

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[9] Lazzaretto, A., and Tsatsaronis, G. SPECO: A systematic and general methodology for calculating

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efficiencies and costs in thermal systems. Energy 2006; 31:1257-1289. doi:10.1016/j.energy.2005.03.011

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[10] Kaşka Ö. Energy and exergy analysis of an organic Rankine for power generation from waste heat recovery

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in steel industry. Energy Convers and Manage 2014; 77:108-117. doi:10.1016/j.enconman.2013.09.026

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[11] Tumen Ozdil NF, Segmen MR, Tantekin A. Thermodynamic analysis of an Organic Rankine Cycle (ORC)

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based on industrial data. Appl Therm Eng 2015; 91:43-52. doi:10.1016/j.applthermaleng.2015.07.079

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[12] Esen H, Inalli M, Esen M, Pihtili M. Energy and exergy analysis of a ground-coupled heat pump system

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with two horizontal ground heat exchangers, Building and Environment, 2007;42(10):3606-3615.

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doi:10.1016/j.buildenv.2006.10.014

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[13] Quoilin S., Declaye S., Tchanche BF., Lemort V. Thermo-economic optimization of waste heat recovery

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Organic Rankine Cycles. Appl Therm Eng 2011; 31:2885-2893. doi:10.1016/j.applthermaleng.2011.05.014

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[14] Khaljani M, Saray R, Bahlouli K. Comprehensive analysis of energy, exergy and exergo-economic of

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cogeneration of heat and power in a combined gas turbine and organic Rankine cycle. Energy Convers and

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Manage 2015; 97:154-165. doi:10.1016/j.enconman.2015.02.067

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[15] Wang X., Li X., Li Y., Wu C. Payback period estimation and parameter optimization of subcritical organic

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Rankine cycle system for waste heat recovery, Energy 2015; 88:735-74. doi:10.1016/j.energy.2015.05.095

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[16] Hajabdollahi Z., Hajabdollahi F., Tehrani M., Hajabdollahi H.

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optimization of Organic Rankine Cycle for diesel waste heat recovery, Energy 2013; 63:142-151.

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doi:10.1016/j.energy.2013.10.046

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[17] Li S, Dai Y. Thermo-economic comparison of Kalina and CO2 transcritical power cycle for low

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temperature

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doi:10.1016/j.applthermaleng.2014.04.067

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[18] Desai NB, Bandyopadhyay S. Thermo-economic analysis and selection of working fluid for solar organic

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Rankine cycle. Appl Therm Eng 2016;95:471-481. doi:10.1016/j.applthermaleng.2015.11.018

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[19] Qureshi BA. Thermoeconomic considerations in the allocation of heat transfer inventory for irreversible

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power systems. Appl Therm Eng 2015;90:305-311. doi:10.1016/j.applthermaleng.2015.06.104

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[20] Park SH, Chung SW, Lee SK, Choi HK, Lee SH. Thermo-economic evaluation of 300 MW class integrated

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gasification combined cycle with ash free coal (AFC) process. Appl Therm Eng 2015;89:843-852.

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doi:10.1016/j.applthermaleng.2015.06.066

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[21] Esen M, Yuksel T. Experimental evaluation of using various renewable energy sources for heating a

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greenhouse, Energy and Buildings, 2013;65:340-351. doi:10.1016/j.enbuild.2013.06.018

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[22] Esen H, Inalli M, Esen M. Technoeconomic appraisal of a ground source heat pump system for a heating

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doi:10.1016/j.enconman.2005.06.024

in

geothermal

eastern

sources

Turkey,

in

Energy

China.

Convers

Appl

and

Thermo-economic environmental

Therm

Manage

Eng

2014;70:139-152.

2006;47(9-10):1281-1297.

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[23] Esen H, Inalli M, Esen M. A techno-economic comparison of ground-coupled and air-coupled heat pump

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system for space cooling, Building and Environment, 2007;42(5):1955-1965.doi:10.1016/j.buildenv.2006.04.007

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[24] Cool prop web-site. www.coolprop.org/v4/Fluids/R245fa. Accessed June 2015

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[25] A. Durmaz, R. Pugh, S¸ Yazıcı, K. Erdogan, A. Kosan. Novel application of Organic Rankine Cycle (ORC)

471

technology

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www.tmeic.com/Repository/ Media/AIST_Toscelik_ORC_v9.pdf.

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[26] Tumen Ozdil N.F., Tantekin A. Exergoeconomic analysis of a FBCC steam power plant. Thermal Science.

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2016; (Accepted)

475

[27] Shokati N, Ranjbar F, Yari M. Exergoeconomic analysis and optimization of basic, dual-pressure and dual-

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fluid ORCs and Kalina geothermal power plants: A comparative study. Renew Energy 2015; 83:527-542.

477

doi:10.1016/j.renene.2015.04.069

478

[28] Yilmaz C, Kanoğlu M, Abusoğlu A. Thermoeconomic cost evaluation of hydrogen production driven by

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binary geothermal power plant. Geometrics 2015; 57:18-25. doi:10.1016/j.geothermics.2015.05.005

480

[29] El-Emam R., Dincer İ. Exergy and exergoeconomic analyses and optimization of geothermal organic

481

Rankine cycle. Appl Therm Eng 2013; 59:435-444. doi: 10.1016/j.applthermaleng.2013.06.005

482

[30] Shokati N, Ranjbar F, Yari M. A comparative analysis of rankine and absorption power cycles from

483

exergoeconomic viewpoint. Energy Convers and Manage 2014;88:657-668.doi:10.1016/j.enconman.2014.09.015

484

[31] V. Zare. A comparative exergoeconomic analysis of different ORC configurations for binary geothermal

485

power plants. Energy Convers and Manage 2015;105:127-138. doi:10.1016/j.enconman.2015.07.073

for

waste

heat

recovery

from

reheat

furnace

evaporative

cooling

system.

486

22

Page 22 of 31

487 488

Comment [U1]: AUTHOR: Two different versions of captions for Figure 1 were provided in the manuscript and the ones in the main text section have been used. Please check and confirm that it is correct.

Fig.1. Schematic representation of ORC system [25].

489

Pump; 0.05

, 0.000 Evaporator; 0.2

Turbine; 0.6

Condenser; 0.15

490 491

Fig.2. Distribution of the cost rates for components.

492

23

Page 23 of 31

600,000 500,000

PEC(US$)

400,000 300,000 200,000 100,000 0 Evaporator Condenser

Turbine

Pump

System

Components 493 494

Fig.3. Distribution of the purchased equipment costs of the components.

495

5%

Zt($/h)

20%

15% 60%

496 497

Evaporator

Condenser

Turbine

Pump

Fig.4. Distribution of the total investment costs of the components.

498

24

Page 24 of 31

3.5 3

ĊD($/h)

2.5 2 1.5 1 0.5 0 Evaporator

Condenser

Turbine

Pump

Components 499 500

Fig.5. Exergy destruction cost rates of the system components for condition-1.

501 3.8 3.7

ĊD($/h)

3.6 3.5 3.4 3.3 3.2 3.1 3 Sat. Liq.

X = 0,3

X = 0,7

Sat. Vap.

Conditions 502 503

Fig.6. Exergy destruction cost rates for the evaporator for four different conditions

504

25

Page 25 of 31

Exergoeconomic factor (f) (%)

90 80 70 60 50 40 30 20 10 0 Evaporator

Turbine

Pump

Components

505 506

Condenser

Fig.7. The exergoeconomic factors of the system subcomponents for condition-1

507 Evaporator

System

Exergoeconomic Factor (%)

70 60 50 40 30 20 10 0 Sat. Liq.

X = 0,3

X = 0,7

Sat. Vap.

Conditions 508 509

Fig.8. The exergoeconomic factors of the evaporator and system for four different conditions.

510

26

Page 26 of 31

511

Table 1: Specifications of the system components Components

Model/Type

Capacity

Dimensions

Evaporator

Shell and tube

3161kW (Max)

Ø1000mmX6000mm

Condenser

Shell and tube

2885 kW (Max)

Ø900mmX6000mm

272 kW (Max)

----

Turbine

Pump

CARRIER PC-51 Grundfos/ KB-G-A-E-

72.82m3/h / 50kW

HOBE

motor

----

512

Each tube length and tube diameter are 10 mm and 6,000 mm which are made of copper.

513

Heat transfer area at condenser is;

514

20Пx 6000x 658= 7,896Пx10^7 mm2

515

Heat transfer area at evaporator is;

516

20Пx6000x344=4,128Пx10^7 mm2

Operating

Tube

Heat Transfer

Pressure

Numbers

Area

23.78 bar (max) 23.78 bar (max) 23.78 bar (max) 9.307 bar (max)

344

658

4.128Пx10^7 mm2 7.896Пx10^7 mm2

----

----

----

----

Page 27 of 31

517

Table 2: The properties of R245fa ASHRAE Number

Molecular Formula

Atmospheric Lifetime (years)

Net GWP 100-yr

Molecular mass

Critical Temp.°C

R-245fa

C3H3F5

7.6

1030

134

154.05

Critical Pressure (absolute) MPa 3.640

518 519

520 521

Table 3: Exergy balance equations for the subsystem of ORC plant Components

Exergy Balance Equations

Evaporator

Ėx1 + Ėx6 = Ėx2 + Ėx3 + ĖxD

Turbine

Ėx3 = Ėx4 + ẆTurb + ĖxD

Condenser

Ėx4 + Ėx7 = Ėx5 + Ėx8 + ĖxD

Pump

Ėx5 + ẆP = Ėx6 + ĖxD

Table 4: The exergy destruction and exergy efficiency values of the main components for four different conditions in ORC power plant Condition-1

Condition-2

Components ĖxD (kW) η2,cyc (%) ĖxD (kW)

Condition-3

Condition-4

η2,cyc (%)

ĖxD (kW)

η2,cyc (%)

ĖxD (kW)

η2,cyc (%)

Evaporator

178.18

72.55

254.86

64.88

263.21

64.14

266.1

63.9

Turbine

113.95

69.7

113.95

69.7

113.95

69.7

113.95

69.7

Condenser

73.98

28.63

73.98

28.63

73.98

28.63

73.98

28.63

Pump

2.04

85.2

2.04

85.2

2.04

85.2

2.04

85.2

Rejected at condenser

30.98

-

30.98

-

30.98

-

30.98

-

Cycle

399.13

38.79

475.80

34.69

484.15

34.29

487.05

34.16

522

Page 28 of 31

523

Table 5: The purchased equipment cost, the cost rate, the levelized capital investment,

524

operating and maintenance costs and total investment costs of the components Component

PEC ($)

CRi

ZiCI ($/h)

ZiOM ($/h)

ZiT ($/h)

Evaporator

100,000

0.2

1.486

1.338

2.824

Condenser

75,000

0.15

1.115

1.003

2.118

Turbine

300,000

0.6

4.460

4.014

8.474

Pump

25,000

0.05

0.371

0.334

0.706

Total

500,000

1

7.434

6.690

14.124

525 526

Table 6: Exergoeconomic balance equations for the subsystem of the ORC plant Components

Exergoeconomic Balance Equations

Evaporator

Ċ6+Ċ1+ Ztevp = Ċ3+ Ċ2 c1= 1.3$/Gj c1 = c2 (Assumption) [27]

Turbine

Ċ3+Ztturb =Ċ4+Ċwt c3= c4

Condenser

Ċ4+Ċ7+ Ztcond = Ċ5+ Ċ8 c4= c5 C7=0 [31]

Pump

Ċ5+Ċwp+ Ztpump =Ċ6

527 528 529

Table 7: The exergy rate, unit exergy cost and exergy cost of the ORC power plant for condition 1-2. (For state numbers refers to Fig.1) Conditon-1

Conditon-2

Components

Ėx (kW)

Ėx (GJ/h) c ($/GJ) Ċ ($/h) Ėx (kW)

Ėx (GJ/h)

c ($/GJ) Ċ ($/h)

1

Evp inlet (w)

1032.756

3.718

1.3

4.833

803.321

2.892

1.3

3.76

2

Evp outlet (w)

383.627

1.381

1.3

1.795

77.517

0.279

1.3

0.363

29

Page 29 of 31

3

Turbine inlet (r )

563.472

2.028

4.792

9.721

563.472

2.028

4.969

10.079

4

Turbine outlet (r )

187.325

0.674

4.792

3.232

187.325

0.674

4.969

3.351

5

Pump inlet(r )

83.666

0.301

15.6

4.699

83.666

0.301

15.6

4.699

6

Pump outlet(r )

92.527

0.333

2.226

6.683

92.527

0.333

2.226

0.741

7

Cond inlet (w)

78.408

0.282

0

0

78.408

0.282

0

0

8

Cond outlet (w)

108.648

0.391

1.069

0.418

108.648

0.391

1.265

0.495

9

Pump

8.861

0.032

25.72

1.278

8.861

0.032

25.72

0.82

10 Turbine

376.147

1.354

11.051

14.964 376.147

1.354

11.228

15.204

11 Condenser

30.24

0.109

1.069

0.233

30.24

0.109

1.265

0.138

12 Evaporator

649.129

2.337

2.226

6.683

725.804

2.613

2.226

5.816

530 531 532

Table 8: The exergy rate, unit exergy cost and exergy cost of the ORC power plant for condition 3-4. (For state numbers refers to Fig.1) Conditon-3

Conditon-4

Components

Ėx (kW)

1

Evp inlet (w)

771.749

2.778

1.3

3.612

764.165

2.751

1.3

3.576

2

Evp outlet (w)

37.595

0.135

1.3

0.176

27.117

0.098

1.3

0.127

3

Turbine inlet (r )

563.472

2.028

4.988

10.119

563.472

2.028

4.995

10.132

4

Turbine outlet (r )

187.325

0.674

4.988

3.364

187.325

0.674

4.995

3.368

5

Pump inlet(r )

83.666

0.301

15.6

4.699

83.666

0.301

15.6

4.699

6

Pump outlet(r )

92.527

0.333

2.226

0.741

92.527

0.333

2.226

0.741

7

Cond inlet (w)

78.408

0.282

0

0

76.956

0.277

0

0

8

Cond outlet (w)

108.648

0.391

1.286

0.503

106.636

0.384

1.309

0.503

9

Pump

8.861

0.032

25.720

0.820

8.861

0.032

25.72

0.82

376.147

1.354

11.247

15.23

376.147

1.354

11.253

15.239

11 Condenser

30.24

0.109

1.286

0.14

66.44

0.239

1.309

0.313

12 Evaporator

734.154

2.643

2.226

5.883

737.048

2.653

2.226

5.906

10 Turbine

Ėx (GJ/h) c ($/GJ) Ċ ($/h) Ėx (kW)

Ėx (GJ/h)

c ($/GJ) Ċ ($/h)

30

Page 30 of 31

533

31

Page 31 of 31