Nanoencapsulated phase change material (NPCM) slurry is a dispersion where the phase change material (PCM) is dispersed in fluid. Compared with fluid, these nanofluids have a higher heat capacity during the phase change and a possible enhancement, as a result of this phase change, in the heat transfer phenomenon. To appreciate the merits, in terms of energy, a numerical study has been carried out with fluid based on NPCM inside double pipe heat exchanger. The numerical simulation results have been validated using experimental heat transfer data. The Reynolds and Nusselt numbers have been determined using thermal conductivity and viscosity evaluated in the same conditions as those in numerical model. The results obtained show an improvement of this energetic criterion at low mass flow rate compared with the base fluid. Analysis of the numerical and analytical results reveal that higher inlet flow rate and NPCM concentration results in higher heat transfer rate. In addition, increasing NPCM slurry temperature decreases its performance due to fast melting of PCM inside the tube. K E Y W O R D S double pipe, heat transfer, nanocapsule, phase change, slurry