Optimization-Based Exergoeconomic Assessment of an Ammonia–Water Geothermal Power System with an Elevated Heat Source Temperature

Geothermal energy has been recognized as a promising renewable resource for sustainable power generation; however, the efficiency of conventional geothermal power plants has remained relatively low, and high investment costs have limited their competitiveness with other renewable technologies. In this context, the present study introduced an innovative geothermal electricity generation system aimed at enhancing energy efficiency, cost-effectiveness, and sustainability. Unlike traditional configurations, the system raised the geothermal source temperature passively by employing advanced heat transfer mechanisms, eliminating the need for additional energy input. Comprehensive energy, exergy, and exergoeconomic analyses were carried out, revealing a net power output of 43,210 kW and an energy efficiency of 30.03%, notably surpassing the conventional Kalina cycle’s typical 10.30–19.48% range. The system’s annual electricity generation was 11,138.53 MWh, with an initial investment of USD 3.04 million and a short payback period of 3.20 years. A comparative assessment confirmed its superior thermoeconomic performance. In addition to its technoeconomic advantages, the environmental performance of the proposed configuration was quantified. A streamlined life cycle assessment (LCA) was performed with a functional unit of 1 MWh of net electricity. The proposed system exhibited a carbon footprint of 20–60 kg CO 2 eq MWh −1 (baseline: 45 kg CO 2 eq MWh −1 ), corresponding to annual emissions of 0.22–0.67 kt CO 2 eq for the simulated output of 11,138.53 MWh. Compared with coal- and gas-fired plants of the same capacity, avoided emissions of approximately 8.6 kt and 5.0 kt CO 2 eq per year were achieved. The water footprint was determined as ≈0.10 m 3 MWh −1 (≈1114 m 3 yr −1 ), which was substantially lower than the values reported for fossil technologies. These findings confirmed that the proposed system offered a sustainable alternative to conventional geothermal and fossil-based electricity generation. Multi-objective optimization using NSGA-II was carried out to maximize energy and exergy efficiencies while minimizing total cost. Key parameters such as turbine inlet temperature (459–460 K) and ammonia concentration were tuned for performance stability. A sensitivity analysis identified the heat exchanger, the first condenser (Condenser 1), and two separators (Separator 1, Separator 2) as influential on both performance and cost. The exergoeconomic results indicated Separator 1, Separator 2, and the turbine as primary locations of exergy destruction. With an LCOE of 0.026 USD/kWh, the system emerged as a cost-effective and scalable solution for sustainable geothermal power production without auxiliary energy demand.