Application of Circular Thermoeconomics to the Diagnosis of Energy Systems

Antonio Valero () and César Torres ()
Additional contact information
Antonio Valero: CIRCE Institute, University of Zaragoza, 50018 Zaragoza, Spain
César Torres: CIRCE Institute, University of Zaragoza, 50018 Zaragoza, Spain

Energies, 2023, vol. 16, issue 18, 1-23

Abstract: This paper reviews the fundamentals of the thermoeconomic diagnosis theory. Thermoeconomic diagnosis is one of the main applications of the exergy cost theory used to identify the causes of additional resource consumption of a system due to inefficiencies in its components, published in the late 1990s. Thermoeconomic diagnosis has usually been applied to diagnose power plants with high consumption of fossil fuels and fixed production. However, it does not consider the final production and waste generation variation. In this paper, Circular Thermoeconomics is applied to analyze in depth the effect of malfunctions on additional waste generation and changes in the final output of the system. This new formulation can be applied to polygeneration systems, where there is a simultaneous variation of final products, and to process integration and industrial symbiosis, where a part of the waste generated by a plant could be reused in other processes or plants.

Keywords: thermoeconomics; diagnosis; waste recycling; renewable energy; polygeneration (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.mdpi.com/1996-1073/16/18/6751/pdf (application/pdf)
https://www.mdpi.com/1996-1073/16/18/6751/ (text/html)

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:gam:jeners:v:16:y:2023:i:18:p:6751-:d:1245030

Access Statistics for this article

Energies is currently edited by Ms. Agatha Cao

More articles in Energies from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().