Abstract

The finite-time exergoeconomic performance of an endoreversible Carnot refrigeration with a complex heat transfer law, including generalised convective and radiative heat transfer laws, , is investigated in this article. The focus of this article is to obtain the compromised optimisation between economics (profit) and the energy utilisation factor (coefficient of performance, COP) for the endoreversible Carnot refrigerator, by searching the optimum COP at maximum profit, which is termed as the finite-time exergoeconomic performance bound. The obtained results include those obtained in many literatures and can provide some theoretical guidance for the design of practical refrigerators.

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