Economic Analysis of Heat Exchangers

EasyChair Preprint 14470

Abstract

The efficient use of energy in production facilities reduces manufacturing costs.  The design, fuel selection and efficiency of energy units are very important. In this study, the irreversibility and cost of a heat exchanger resulting from the change in surface area, the thermodynamic values of the operating conditions are taken as basis and calculated theoretically in terms of thermoeconomically. The optimum surface area of the heat exchanger, which equivalent to the least energy cost, has been determined. In addition, since it is a forward-looking investment, energy production is evaluated as an annual unit cost. The surface area of the heat exchanger has also been determined as an economic value. For this, based on the n' year period, it is provided by equating the capital return multiplier (a^c) with the irreversibility the cost value.

Keyphrases: 1-'Exergyeconomics', 2-'Thermoeconomics', 3-'Heat Exchanger Design', 4-'Heat Transfer', 5-'Material cost', 6-'installation cost'

@booklet{EasyChair:14470,
  author    = {Murat Kaya},
  title     = {Economic Analysis of Heat Exchangers},
  howpublished = {EasyChair Preprint 14470},
  year      = {EasyChair, 2024}}