Thermodynamic and economic analysis of performance evaluation of all the thermal power plants: A review

Abstract

Surging in energy demand makes it necessary to improve performance of plant equipment and optimize operation of thermal power plants. Inasmuch as thermal power plants depend on fossil fuels, their optimization can be challenging due to the environmental issues which must be considered. Nowadays, the vast majority of power plants are designed based on energetic performance obtained from first law of thermodynamic. In some cases, energy balance of a system is not appropriate tool to diagnose malfunctions of the system. Exergy analysis is a powerful method for determining the losses existing in a system. Since exergy analysis can evaluate quality of the energy, it enables designers to make intricate thermodynamic systems operates more efficiently. These days, power plant optimization based on economic criteria is a critical problem because of their complex structure. In this study, a comprehensive analysis including energy, exergy, economic (3‐E) analyses, and their applications related to various thermal power plants are reviewed and scrutinized.

Smart modeling by using artificial intelligent techniques on thermal performance of flat‐plate solar collector using nanofluid

“…[1][2][3] Utilization of renewable energy in the energy conversion systems, such as the sun or wind energy can be a solution to these challenging issues. Several factors such as energy cost, energy consumption rate, and sustainable availability lead the societies to follow an alternative solution for replacing fossil-based energy with a minor harmful effect on the environment.…”

“…Several factors such as energy cost, energy consumption rate, and sustainable availability lead the societies to follow an alternative solution for replacing fossil-based energy with a minor harmful effect on the environment. [1][2][3] Utilization of renewable energy in the energy conversion systems, such as the sun or wind energy can be a solution to these challenging issues. 4,5 It is conceived renewable energies specifically solar energy, be a major origin of providing energy demands of human beings activity.…”

Exergoeconomic analysis for crude oil gathering and transportation system in matrix pattern

“…[13][14][15] In this paper, a gathering and transportation system is analyzed combined with exergoeconomics. [13][14][15] In this paper, a gathering and transportation system is analyzed combined with exergoeconomics.…”

“…Most of the previous studies on gathering and transportation system were from the perspective of energy analysis and exergy analysis, in which only energy saving was considered rather than cost saving. [13][14][15] In this paper, a gathering and transportation system is analyzed combined with exergoeconomics. Not only energy saving is considered, but also the saving of cost investment analysis is taken into consideration, which is also an innovation in the gathering and transportation system.…”

Geothermal energy use in hydrogen production: A review

“…One dominant issue associated with renewable energy sources can be considered as their shortcoming to store the generated energy in an applicable approach. 2 This issue is not relevant for biomass due to the fact that the generated fuels from biomass like ethanol and biodiesel can be utilized at any moment. Nonetheless, the produced electricity from wind turbines, solar systems, and geothermal power cannot be stored for subsequent applications.…”