Abstract: Two applications of the thermoeconomic analysis technique have been performed to an interesting and complex system, which is an integrated dual plant composed of a steam power plant and a ...

Abstract: Part II of this paper develops the mathematical formulations of three applications of the thermoeconomic analysis methodology described in Part I of the paper: the operation diagnosis study, ...

Abstract: These two papers resume the theoretical background supporting the main ideas of the exergy cost accounting and the thermoeconomic approach followed by Valero and co-workers. Part I introduces ...