Optimum design of dual pressure heat recovery steam generator using non-dimensional parameters based on thermodynamic and thermoeconomic approaches

The thermodynamic and thermoeconomic analyses are investigated to achieve the optimum operating parameters of a dual pressure heat recovery steam generator (HRSG), coupled with a heavy duty gas turbine. In this regard, the thermodynamic objective function including the exergy waste and the exergy destruction, is defined in such a way to find the optimum pinch point, and consequently to minimize the objective function by using non-dimensional operating parameters. The results indicated that, the optimum pinch point from thermodynamic viewpoint is 2.5 °C and 2.1 °C for HRSGs with live steam at 75 bar and 90 bar respectively. Since thermodynamic analysis is not able to consider economic factors, another objective function including annualized installation cost and annual cost of irreversibilities is proposed. To find the irreversibility cost, electricity price and also fuel price are considered independently. The optimum pinch point from thermoeconomic viewpoint on basis of electricity price is 20.6 °C (75 bar) and 19.2 °C (90 bar), whereas according to the fuel price it is 25.4 °C and 23.7 °C. Finally, an extensive sensitivity analysis is performed to compare optimum pinch point for different electricity and fuel prices.