A new criterion for the allocation of residues cost in exergoeconomic analysis of energy systems

Thermoeconomic optimization of an ice thermal storage system for gas turbine inlet cooling

“…Seyyedi et al [7] proposed a new criterion for the residues cost allocation which was based on the entropy distributed in the components, and not on the entropy generated along the process.…”

Role of Waste Cost in Thermoeconomic Analysis

“…Z k represents the flow rate of the levelized cost, which includes all the financial charges associated with the owning and operating of the k-th plant component. The allocation of the cost flow rate of wastes can be achieved by several approaches [18][19][20].…”

“…Allocation of the waste cost to the contributing productive components in proportion to their exergy destruction was suggested by Dobrovicescu et al [19]. Seyyedi et al [20] suggested a calculation method for determining the waste-cost distribution ratios based on the entropy distribution ratios in a system. However, these authors did not consider a relation between the waste costs eliminated at the dissipative units and their allocation to the system components.…”

Exergetic and exergoeconomic analysis of a renewable polygeneration system and viability study for small isolated communities

“…The equation (a) is again based on the "exergy extraction" principle, and assumes a same unit cost for the streams 22 and 23; when delivering the cooling exergy to the users, in fact, the exergy of stream 22 represents "cooling exergy not extracted from stream 23". The auxiliary equation (b) derives from imposing a null exergoeconomic cost to the stream 26, whose thermal exergy is discarded to the environment, thus representing a "residue" (according to the conventional nomenclature used in thermoeconomics) [47,48]:…”