Abstract
In this paper, according to the limitations of the cogeneration system in the off-design mode, four patterns are evaluated to meet the load demand of an educational building. In addition, to consider the government support policies in subsidizing energy carriers, the multi-production structure has been compared with a traditional system. The evaluation criteria in this analysis are the exergy efficiency, the relative net present worth benefit, and the relative net future worth benefit of the proposed design. The results show that the highest energy and exergy efficiencies are 55.33 % and 31 %, respectively, which are related to the following thermal load. The relative net present and future worth benefits are also 164,800 USD and 1.09 M USD, respectively. The highest relative net present and future worth benefits are 330,140 USD and 2.18 M USD for the peak load pattern. The results show that the following thermal load and peak load patterns are the best technical and economical options for the cogeneration system, respectively. Also, the best investment option with a rate of return of 37.9 % happened in the peak load pattern, which resulted in a 4.25 years payback period on the initial investment.
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