Steam generating heat pump (SGHP) is a key technology for industrial decarbonization. For comprehensive evaluation of the feasibility and reliability of SGHP in different industrial sector, the work develops a thorough evaluation model for assessing the performance of SGHP by considering waste heat recovery, CO2 trading value, and pollutant emission cost, in addition to the conventional evaluation criteria. This work presents a thorough comparison of the thermodynamic performance and sustainability of various types of SGHPs across different industrial sector. Additionally, the conflicting relationships between the coefficient of performance (COP) and exergy efficiency are balanced through the application of the technique for order preference by similarity to ideal solution (TOPSIS). The results show that all the indexes of SGHP connected to an open heat pump (SGHPO) with different application scenarios are higher than those of SGHP connected to a flash tank (SGHPF). At the most unfavorable operating condition of the system, the COP minimum value is 1.31 and the exergy efficiency minimum value is 20.42%. These results indicate that replacing the coal-fired boiler with SGHP is feasible and the work could provide theoretical guidance for optimal design and equipment manufacture.
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