In this study, a cooling/power cogeneration cycle consisting of vapor-compression refrigeration and organic Rankine cycles is proposed and investigated. Utilizing geothermal water as a low-temperature heat source, various operating fluids, including R134a, R22, and R143a, are considered for the system to study their effects on cycle performance. The proposed cycle is modeled and evaluated from thermodynamic and thermoeconomic viewpoints by the Engineering Equation Solver (EES) software. Thermodynamic properties as well as exergy cost rates for each stream are found separately. Using R143a as the working fluid, thermal and exergy efficiencies of 27.2% and 57.9%, respectively, are obtained for the cycle. Additionally, the total product unit cost is found to be 60.7 $/GJ. A parametric study is carried out to determine the effects of several parameters, such as turbine inlet pressure, condenser temperature and pressure, boiler inlet air temperature, and pinch-point temperature difference, on the cycle performance. The latter is characterized by such parameters as thermal and exergy efficiencies, refrigeration capacity, produced net power rate, exergy destruction rate, and the production unit cost rates. The results indicate that the system using R134a exhibits the lowest thermal and exergy efficiencies among other working fluids, while the systems using R22 and R143a exhibit the highest energy and exergy efficiencies, respectively. The boiler and turbine contribute the most to the total exergy destruction rate.Sustainability 2019, 11, 3374 2 of 20 algorithm, operating on a set of variable configuration parameters on the basis of a time-running calculation for minimum entropy. Numerous cycles have been introduced and analyzed that use low-temperature energy sources [5,6]. Amongst these, the organic Rankine cycle (ORC) and its various configurations have been broadly used in geothermal power plants. The ORC can also be combined with the vapor-compression refrigeration cycle (VCC) to produce cooling [7]. The VCC, because of its high cooling capacity and smaller size compared to absorption refrigeration systems of the same cooling capacity, has been widely used in cooling systems [8]. Based on machine learning techniques, Palagi and Sciubba [9] proposed a methodology for optimizing the thermodynamic cycle as well as the radial in-flow turbine employed in a small-scale ORC. In this method the physical model of the thermodynamic cycle is converted into a set of continuous and differentiable functions. They reported that the approach had a higher accuracy and a lower computational time. Kim and Perez-Blanco [10] conducted a functional study of a cogeneration system combining an ORC and a VCC. The effects of decision parameters, such as turbine inlet temperature (TIT) and pressure and mass flow split ratio, on the system performance including the amount of produced power, cooling, thermal, and exergy efficiencies were studied. The results indicated that the system has good potential for effective use of low-temperature therm...