The air-sand moving bed heat exchanger, designed for storing fluctuating medium-temperature gas waste heat, offers significant potential for energy conservation and carbon reduction in industrial settings. However, its operational characteristics are insufficiently explored. This study investigates the heat storage process involving direct contact and cross-flow of air and quartz sand within a rectangular heat exchanger chamber. Comprehensive analyses were conducted to explore flow resistance characteristics, temperature response, and heat storage performance. Results indicate that pressure drop increases with higher air velocity and temperature, and lower air pressure, particle diameter. The relative discrepancy between fitted pressure drops and experimental data is below 10%. The primary heat transfer zone exists during particle descent. As the air-particle mass flow ratio increases, the descent rate of this zone along the airflow direction slows. Additionally, higher air temperatures elevate the optimal air-particle mass flow ratio. With inlet temperatures for air and particles set at 350 °C and 30 °C respectively, and a mass flow ratio of 0.81, an exergy efficiency of 58.93% and a power density of 600.64 kW·m−3 are achieved. These findings offer crucial insights for air-sand moving bed heat exchangers for medium-temperature gas waste heat recovery.
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