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Thermo-Economic Analysis for the Feasibility Study of a Binary Geothermal Power Plant in India

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Modeling, Simulation and Optimization

Abstract

The objectives of ORC thermodynamic analysis are maximum performance and thermal conversion efficiency. For a feasibility design study, it is important to optimize both energy performance and system cost. Based on typical geothermal resources, this article describes a feasibility study for a binary geothermal plant in India. For important cycle design alternatives, a variety of working fluids, and component selection factors, thermodynamic and economic evaluations were done. The target function for selecting the most thermo-economic designs is calculated by dividing total Purchased Equipment Costs (PEC) by net electrical power output (Wnet). The working fluids investigated are n-pentane, R245fa, and R134a. The thermodynamic analysis shows that at a given turbine inlet pressure and mass flow rate of the working fluid, the net electrical power output (Wnet) of the cycle design reaches its maximum. Two-stage designs outperform one-stage designs in terms of Wnet, thermal, and exergy efficiency. According to an economic comparison, working fluid types and cycle designs have a significant impact on economic performance as assessed by PEC. The top five options were subjected to profitability analysis. The results show that a normal Rankine cycle with a two-stage turbine employing n-pentane is the most thermo-economical design based on the brine resource and reinjection conditions.

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Correspondence to Shivam Prajapati .

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Prajapati, S., Yadav, S., Khandelwal, R., Jain, P., Acharjee, A., Chakraborti, P. (2022). Thermo-Economic Analysis for the Feasibility Study of a Binary Geothermal Power Plant in India. In: Das, B., Patgiri, R., Bandyopadhyay, S., Balas, V.E. (eds) Modeling, Simulation and Optimization. Smart Innovation, Systems and Technologies, vol 292. Springer, Singapore. https://doi.org/10.1007/978-981-19-0836-1_38

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