Abstract
The operation of a Carnot heat pump is viewed as a production process with exergy as its output. The short-run economic optimization of the endoreversible heat pump is performed in this paper. The profit of the heat pump is taken as the optimization objective function. Using the method of finite-time exergoeconomic analysis, which emphasizes the compromise optimization between economics (profit) and the utilization factor of energy (Coefficient of Performance, COP) for finite-time (endoreversible) thermodynamic cycles, this paper derives the relation between optimal profit and COP of an endoreversible Carnot heat pump based on a relatively general heat transfer law: q∞ Δ( T n ). The COP bound at the maximum profit is also obtained. The results obtained involve those for three common heat transfer laws: Newton's Law ( n = 1), the linear phenomenological law in irreversible thermodynamics ( n = − 1), and the radiative heat law ( n = 4).
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.
