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Optimization system for combined heat and electricity production in the wood-processing industry

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  • Uran, V.

Abstract

In the Croatian economy, the wood-processing industry is among the country's strategic export branches. The energy costs have a partial impact on the final price of wood products. The goal of this work paper is to minimize energy costs in this sector, using a mathematical formula that computes the lowest heat capacity as the cogeneration system starts to be more payable than a non-cogeneration system. A thermo-economic analysis of both systems, cogeneration and non-cogeneration, is necessary to define the lowest heat capacity. These include the payback period of the capital invested in the cogeneration system and harmonization of heat production and disposable wood waste as fuel. The mathematical formula was applied to a Croatian wood-processing company. The impact of quantities on the payback period was examined. This work presents results related to a decision on which system, cogeneration or non-cogeneration, is optimal for this wood-processing company.

Suggested Citation

  • Uran, V., 2006. "Optimization system for combined heat and electricity production in the wood-processing industry," Energy, Elsevier, vol. 31(14), pages 2996-3016.
    • Handle: RePEc:eee:energy:v:31:y:2006:i:14:p:2996-3016
    DOI: 10.1016/j.energy.2005.10.037
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    References listed on IDEAS

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    1. Tsatsaronis, George & Pisa, Javier, 1994. "Exergoeconomic evaluation and optimization of energy systems — application to the CGAM problem," Energy, Elsevier, vol. 19(3), pages 287-321.
    2. Lozano, M.A. & Valero, A., 1993. "Theory of the exergetic cost," Energy, Elsevier, vol. 18(9), pages 939-960.
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    Cited by:

    1. Jiménez-Espadafor Aguilar, Francisco & García, Miguel Torres & Trujillo, Elisa Carvajal & Becerra Villanueva, José Antonio & Florencio Ojeda, Francisco J., 2011. "Prediction of performance, energy savings and increase in profitability of two gas turbine steam generator cogeneration plant, based on experimental data," Energy, Elsevier, vol. 36(2), pages 742-754.
    2. Cortés, E. & Rivera, W., 2010. "Exergetic and exergoeconomic optimization of a cogeneration pulp and paper mill plant including the use of a heat transformer," Energy, Elsevier, vol. 35(3), pages 1289-1299.
    3. Fitzpatrick, John J. & Dooley, Paul, 2017. "Holistic view of CO2 reduction potential from energy use by an individual processing company," Renewable and Sustainable Energy Reviews, Elsevier, vol. 77(C), pages 336-343.
    4. Mujeebu, M.A. & Jayaraj, S. & Ashok, S. & Abdullah, M.Z. & Khalil, M., 2009. "Feasibility study of cogeneration in a plywood industry with power export to grid," Applied Energy, Elsevier, vol. 86(5), pages 657-662, May.
    5. Uran, Vedran & Krajcar, Slavko, 2009. "Feed-in tariff and market electricity price comparison: The case of cogeneration units in Croatia," Energy Policy, Elsevier, vol. 37(3), pages 844-849, March.
    6. Turan, Onder & Aydin, Hakan, 2014. "Exergetic and exergo-economic analyses of an aero-derivative gas turbine engine," Energy, Elsevier, vol. 74(C), pages 638-650.
    7. Bazmi, Aqeel Ahmed & Zahedi, Gholamreza, 2011. "Sustainable energy systems: Role of optimization modeling techniques in power generation and supply—A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(8), pages 3480-3500.

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