Abstract
ABSTRACT Based on finite time thermodynamic (FTT) model for a closed irreversible intercooled regenerated (ICR) gas turbine cycle, the analytical expressions of profit rate, power and efficiency are deduced. The dimensionless profit rate can reach its extreme value while the intercooling pressure ratio gradually increases, and the value has an additional maximum, i.e. the double-maximum, while the total pressure ratio gradually increases. The finite time exergoeconomic performance is maximised by optimising four heat conductance allocations with a given total heat exchanger conductance as well as the intercooling pressure ratio. Further optimising the total pressure ratio can make the double-maximum. Some characteristic parameters’ effects on the cycle exergoeconomic performance are analysed.
Sign-in/Register to access full text options 
Free) 
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 call
