Comparison of the levelized cost and thermoeconomic methodologies - Cost allocation in a solar polygeneration plant to produce power, desalted water, cooling and process heat

The present work shows a comparison between the levelized cost and the thermoeconomic methods in their application to assess the performance of a solar polygeneration plant. The aim is to analyze the costs allocation process, the unit specific costs of each product, as well as the energy and exergy...

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Autores: Leiva-Illanes, Roberto, Escobar-Moragas, Rodrigo Alfonso, Cardemil, Jose Miguel, Alarcon-Padilla, Diego Cesar
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2018
País:Chile
Idioma:inglés
OAI Identifier:oai:repositorio.anid.cl:10533/218826
Acceso en línea:https://hdl.handle.net/10533/218826
Access Level:acceso abierto
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dc.title.es_CL.fl_str_mv Comparison of the levelized cost and thermoeconomic methodologies - Cost allocation in a solar polygeneration plant to produce power, desalted water, cooling and process heat
dc.title.journal.es_CL.fl_str_mv Energy Conversion And Management
title Comparison of the levelized cost and thermoeconomic methodologies - Cost allocation in a solar polygeneration plant to produce power, desalted water, cooling and process heat
spellingShingle Comparison of the levelized cost and thermoeconomic methodologies - Cost allocation in a solar polygeneration plant to produce power, desalted water, cooling and process heat
Leiva-Illanes, Roberto
title_short Comparison of the levelized cost and thermoeconomic methodologies - Cost allocation in a solar polygeneration plant to produce power, desalted water, cooling and process heat
title_full Comparison of the levelized cost and thermoeconomic methodologies - Cost allocation in a solar polygeneration plant to produce power, desalted water, cooling and process heat
title_fullStr Comparison of the levelized cost and thermoeconomic methodologies - Cost allocation in a solar polygeneration plant to produce power, desalted water, cooling and process heat
title_full_unstemmed Comparison of the levelized cost and thermoeconomic methodologies - Cost allocation in a solar polygeneration plant to produce power, desalted water, cooling and process heat
title_sort Comparison of the levelized cost and thermoeconomic methodologies - Cost allocation in a solar polygeneration plant to produce power, desalted water, cooling and process heat
dc.creator.none.fl_str_mv Leiva-Illanes, Roberto
Escobar-Moragas, Rodrigo Alfonso
Cardemil, Jose Miguel
Alarcon-Padilla, Diego Cesar
author Leiva-Illanes, Roberto
author_facet Leiva-Illanes, Roberto
Escobar-Moragas, Rodrigo Alfonso
Cardemil, Jose Miguel
Alarcon-Padilla, Diego Cesar
author_role author
author2 Escobar-Moragas, Rodrigo Alfonso
Cardemil, Jose Miguel
Alarcon-Padilla, Diego Cesar
author2_role author
author
author
description The present work shows a comparison between the levelized cost and the thermoeconomic methods in their application to assess the performance of a solar polygeneration plant. The aim is to analyze the costs allocation process, the unit specific costs of each product, as well as the energy and exergy efficiencies, which allows to identify the main advantages of both the evaluated methods. The methodology is applied in a case study configured by a concentrated solar power with thermal energy storage and backup system, combined to a multi-effect distillation plant, an absorption refrigeration plant, and a process heat module. The present study reveals that through the levelized cost method, the cost associated to the electricity generation is higher than it is by applying the thermoeconomic method, whereas the costs of water, cooling and process heat are significantly lower. Those differences represent an increase of about 35.1% in the case of the electricity, and a reduction in the cost associated to the water, cooling, and heat production by around 34.4%, 78.1%, and 97.6%, respectively. Results show that the thermoeconomic method is an equitable and rational cost allocation method which is suitable for a solar polygeneration plant. This method is recommended when a more precise analysis is required to assess the proper costs of different products, and for assessing the benefits of a polygeneration plant, when compared to stand-alone plants. However, the levelized cost method is a simple and fast method, and a deep knowledge of thermodynamics is not required, being recommended when in need to perform a first approach of the costs of each product. Keywords. Author Keywords:Polygeneration; Thermoeconomic; Concentrated solar power; Multi-effect distillation; Absorption refrigeration
publishDate 2018
dc.date.accessioned.none.fl_str_mv 2018-07-19T19:46:56Z
2022-07-07T15:04:16Z
dc.date.available.none.fl_str_mv 2018-07-19T19:46:56Z
2022-07-07T15:04:16Z
dc.date.issued.es_CL.fl_str_mv 2018
dc.type.none.fl_str_mv Articulo
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dc.identifier.folio.es_CL.fl_str_mv 1130621
dc.identifier.folio.none.fl_str_mv 1130621
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dc.identifier.uri.none.fl_str_mv https://hdl.handle.net/10533/218826
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dc.language.iso.none.fl_str_mv eng
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dc.relation.none.fl_str_mv instname: Conicyt
reponame: Repositorio Digital RI2.0
dc.relation.doi.es_CL.fl_str_mv 10.1016/j.enconman.2018.04.107
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dc.relation.uri.es_CL.fl_str_mv https://www.researchgate.net/publication/325259271_Comparison_of_the_levelized_cost_and_thermoeconomic_methodologies_-_Cost_allocation_in_a_solar_polygeneration_plant_to_produce_power_desalted_water_cooling_and_process_heat
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spelling Alarcon-Padilla, Diego CesarCardemil, Jose MiguelEscobar-Moragas, Rodrigo AlfonsoLeiva-Illanes, Roberto201810.1016/j.enconman.2018.04.107https://hdl.handle.net/10533/218826http://purl.org/coar/access_right/c_abf2Comparison of the levelized cost and thermoeconomic methodologies - Cost allocation in a solar polygeneration plant to produce power, desalted water, cooling and process heatLeiva-Illanes, RobertoEscobar-Moragas, Rodrigo AlfonsoCardemil, Jose MiguelAlarcon-Padilla, Diego Cesar2018-07-19T19:46:56Z2022-07-07T15:04:16Z2018-07-19T19:46:56Z2022-07-07T15:04:16Z2018The present work shows a comparison between the levelized cost and the thermoeconomic methods in their application to assess the performance of a solar polygeneration plant. The aim is to analyze the costs allocation process, the unit specific costs of each product, as well as the energy and exergy efficiencies, which allows to identify the main advantages of both the evaluated methods. The methodology is applied in a case study configured by a concentrated solar power with thermal energy storage and backup system, combined to a multi-effect distillation plant, an absorption refrigeration plant, and a process heat module. The present study reveals that through the levelized cost method, the cost associated to the electricity generation is higher than it is by applying the thermoeconomic method, whereas the costs of water, cooling and process heat are significantly lower. Those differences represent an increase of about 35.1% in the case of the electricity, and a reduction in the cost associated to the water, cooling, and heat production by around 34.4%, 78.1%, and 97.6%, respectively. Results show that the thermoeconomic method is an equitable and rational cost allocation method which is suitable for a solar polygeneration plant. This method is recommended when a more precise analysis is required to assess the proper costs of different products, and for assessing the benefits of a polygeneration plant, when compared to stand-alone plants. However, the levelized cost method is a simple and fast method, and a deep knowledge of thermodynamics is not required, being recommended when in need to perform a first approach of the costs of each product. Keywords. 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