Thermodynamic and economic assessments and multi-criteria optimization of a novel poly-generation plant using geothermal energy and multi heat recovery technique

Abstract

Smart use of clean energy sources for achieving higher performance and designing cost-effective systems is recognized as an essential solution for reducing fossil fuel consumption. In this regard, this study supports a comprehensive evaluation and multi-criteria optimization of a novel poly-generation plant embracing geothermal energy from thermodynamic and thermoeconomic perspectives. Hence, the utilization of modified subsystems and smart use of multi heat recovery processes are projected and appraised. In this regard, the plant consists of a double-flash binary geothermal subsystem, an organic Rankine cycle in combination with an ejector refrigeration cycle considering a zeotropic working fluid (a mixture of pentane and R142b), a heating production heat exchanger, and a proton exchange membrane electrolyzer with the combined production of cooling, heating, power, and hydrogen. The crucial thermodynamic and thermoeconomic variables are investigated against key parameters and concluded that the sensitivity of outcomes is more evident with the variation in zeotropic working fluid composition and the vapor quality at the heating production heat exchanger's outlet. The attained results at the optimum mode demonstrated, the energy and exergy efficiencies of the plant as well as total unit costs of products are as being 44.5%, 35.8%, and 18.8 $/GJ, respectively.