Exergoeconomic performance analysis of ammonia-water regenerative Rankine cycle driven by solar energy and LNG as it's heat sink

In this research, ammonia-water regenerative Rankine cycle driven by solar energy and LNG as it’s heat sink in condenser, is simulated from the energy, exergy and exergoeconomic point of view. A relatively new method is used to implement pinch temperature difference in heat exchangers which causes improving of the thermodynamic performance and output power of the system. Also heat exchangers are simulated by using heat transfer correlations of shell and tube heat exchanger in details. The results of based condition showed the suitable performance of natural gas cycle from the thermodynamic and exergoeconomic point of view and notifies the importance of using the natural gas cycle. Solar collector and condenser of ammonia-water cycle because of their high cost value, are introducing as the components that shoud be more concidered from the exergoeconomic viewpoint. The parametric analysis results show that in high inlet pressure of ammonia-water turbine, the exergy efficiency and the total cost of the system heve more suitable values while the net output power of the system decreases. Also by changing the ammonia mass fraction, changing of output parameters has a complicated patern. Finally by increasing the pinch temperature difference in heat exchangers, the decreased amount of system’s thermodynamic performance is more than the amount of system’s economical performance improvement.