Economic and Performance Analysis of Thermal System

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Economic and Performance Analysis of Thermal System

Author Affiliations

¹YMCA University of Science and Technology, Faridabad, Haryana, INDIA
² Gateway Institute of Engineering and Technology, Sonipat, Haryana, INDIA
³ University Institute of Engineering and Technology, M.D. University Rohtak, Haryana, INDIA

Res. J. Recent Sci., Volume 1, Issue (4), Pages 57-59, April,2 (2012)

Abstract

For the feasibility of any thermal system economic analysis is must. In the present work economic analysis of a cogeneration power plant is made for increasing the efficiency of cycle. From the literature it is being observe that for increased efficiency the factor which should be taken in to consideration are: air compressor efficiency, gas turbine efficiency, mass flow rate of air, turbine inlet temperature, pressure loss and size of combustion chamber, LMTD for heat transfer surfaces, cycle pressure ratio and mass of steam to be produced. Mathematical model available in literature is used and a computer program in software MATLAB is executed for the analysis. Trend observed for the increase in cost are tabulated in the results.

References

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De Biasi V., M701G2 combined cycle is rated at 489 MW and 58.7% efficiency, Gas Turbine World, 7, 9-13 (2000)
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Swanekamp R., Gas turbines, combined-cycles harvest record orders, Power, 3, 30-32 (2000)
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[ref1] Saravanamuttoo H.I.H., Rogers G.F.C. and Cohen H., Gas Turbine Theory, Pearson Education Limited, 1-20 (2001)

[ref2] De Biasi V., M701G2 combined cycle is rated at 489 MW and 58.7% efficiency, Gas Turbine World, 7, 9-13 (2000)

[ref3] Xiaotao Z., Hideaki S., Weidou N. and Zheng L., Economics and Performance Forecast of Gas Turbine Combined Cycle, Tsinghua Science and Technology, 10(5), 633-636 (2005)

[ref4] Masada J. and Fukue I., Operating experience in refinery application of the 13 MW-class heavy duty MF-111 gas turbine engine, Gas Turbine and Aeroengine Congress and Exposition, Brussels, Belgium, (1990)

[ref5] Tsukuda Y., Akita E., Arimura H., Tomita Y. and Kuwabara M., The operating experience of the next generation M501G/M701G gas turbine, Proceedings of ASME TURBO EXPO 2001, New Orleans, Louisiana (2001)

[ref6] Swanekamp R., Gas turbines, combined-cycles harvest record orders, Power, 3, 30-32 (2000)

[ref7] Sato M., Kobayashi Y., Matsuzaki H., Aoki S., Tsukuda Y. and Akita E., Final report of the key technology development program for a next generation high-temperature gas turbine, Jounal of Engineering for Gas Turbine and Power, 119, 617-623 (1997)

[ref8] Dev N., Samsher and Kachhwaha S.S., Computational Analysis of Dual Pressure Non-reheat Combined-Cycle Power Plant with Change in Drum Pressures, International Journal of Applied Engineering Research, 5(8), 1307-1313 (2010)

[ref9] Valero A., Lozano M.A., Serra L., Tsatsaronis G, Pisa J., Frangopoulos C. and Von Spakovsky M.R., CGAM Problem: Definition and Conventional Solution, Energy, 19(3), 279-286 (1994)