EconPapers    
Economics at your fingertips  
 

Feasibility investigation of a novel geothermal-based integrated energy conversion system: Modified specific exergy costing (M-SPECO) method and optimization

Yan Cao, Hayder A. Dhahad, Hussein Togun, Hasanen M. Hussen, Ali E. Anqi, Naeim Farouk and Alibek Issakhov

Renewable Energy, 2021, vol. 180, issue C, 1124-1147

Abstract: The current work proposes and investigates a novel multigeneration system (power, hydrogen, and energy) comprising a flash-binary geothermal power plant, a modified Kalian cycle, a low-temperature electrolyzer, and a reverse osmosis desalination setup. Indeed, the whole system has been devised regarding the multi-heat recovery technique and smart management of products through a structural modification. To emphasize the ability of the newly designed system in this work, the data of the Sabalan geothermal plant in Iran has been used as a case study. Subsequently, the feasibility of the proposed multigeneration system has been examined by the modified specific exergy costing (M-SPECO) method, characterizing the exergetic and cost aspects of the system. The M-SPECO method is recognized as an energy level-based cost scrutiny technique to evaluate energy conversion systems. Accordingly, the sensitivity study through single and dual parametric analyses has been implemented, wherein separator 1 pressure was the main parameter. Likewise, the non-dominated sorting genetic algorithm-II (NSGA-II) method has been applied to optimize the calculations and reveal the optimum conditions and results. In this way, the achieved optimum exergy efficiency of the system was calculated as 47.25%, followed by a value of 7.66 $/GJ for the modified overall unit cost of products.

Keywords: Modified specific exergy costing; Dual parametric study; Multi-objective optimization; Flash-binary geothermal; Freshwater; Hydrogen (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0960148121012416
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:renene:v:180:y:2021:i:c:p:1124-1147

DOI: 10.1016/j.renene.2021.08.075

Access Statistics for this article

Renewable Energy is currently edited by Soteris A. Kalogirou and Paul Christodoulides

More articles in Renewable Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:renene:v:180:y:2021:i:c:p:1124-1147