Abstract
This paper reviews the fundamentals of the thermoeconomic diagnosis theory. Thermoeconomic diagnosis is one of the main applications of the exergy cost theory used to identify the causes of additional resource consumption of a system due to inefficiencies in its components, published in the late 1990s. Thermoeconomic diagnosis has usually been applied to diagnose power plants with high consumption of fossil fuels and fixed production. However, it does not consider the final production and waste generation variation. In this paper, Circular Thermoeconomics is applied to analyze in depth the effect of malfunctions on additional waste generation and changes in the final output of the system. This new formulation can be applied to polygeneration systems, where there is a simultaneous variation of final products, and to process integration and industrial symbiosis, where a part of the waste generated by a plant could be reused in other processes or plants.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
