Thermoeconomic Approach and Optimization of a Solar Thermal Power Plant
In the present study, a specific and simple second law based exergoeconomic model with instant access to the production costs is introduced. The model is generalized for a case study of Shiraz solar thermal power plant with parabolic collectors for nominal power supply of 500 kW. Its applications include the evaluation of utility costs such as products or supplies of production plant, the energy costs between process operations of an energy converter such as production of an industry. Also attempt is made to minimize objective function including investment cost of the equipments and cost of exergy destruction for finding optimum operating condition for such plant.
A. Baghernejad and M. Yaghoubi, "Thermoeconomic Approach and Optimization of a Solar Thermal Power Plant", Applied Mechanics and Materials, Vol. 232, pp. 609-613, 2012