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Guidelines to developing software for thermoeconomic analysis of energy systems. Part I: The thermoeconomic model

Abstract:

Thermoeconomics. an energy analysis methodology combining thermodynamics and economics, has been used for more than twenty years to support the design, synthesis and operation of energy systems with higher efficiency and lower unit production costs. There is a wide range of computer applications for modelling, process integration, simulation, optimisation and control of energy systems, but in general, they don't include thermoeconomic analysis. The paper, divided in two parts, should be understood as a review of the fundamental concepts of thermoeconomics, which serves as a functional description of requirements to develop software for thermoeconomic analysis and its integration with existing computer aided applications for energy systems. The first part of the paper focuses on the definition of a thermoeconomic data model and the algorithms that allow one to build an interface to communicate with other energy analysis applications.