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Average cost per unit exergy (€/kJ).
Cost-balance and auxiliary equations are formulated for each component and for each node and solved through a MATLAB program to get the average cost per unit exergy at different state points.
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Two single-objective optimizations were conducted to reach the maximum exergy efficiency and the minimum average levelized costs per unit of exergy products for the overall system, respectively.
The geometric configuration proposed allows attaining a high exergy efficiency and a significant cost reduction, measured in terms of volume per unit of exergy transfer.
c cost per unit of exergy ($/J).
b specific environmental impact per unit of exergy (Pts/J) or per unit of mass (Pts/kg).
A performance indicator, namely the average levelized costs per unit of exergy products for the overall system, was developed to assess the exergoeconomic performance of the system.
However, from the cost viewpoint, CM III is much more important than HE II or P because the cost per unit of exergy supplied to the compressor (cost of fuel) has the highest value among all components (see cF,k values in Table 3).
Production cost (per unit input).
The unit exergy cost difference leaves margin for capital investment cost increase for decreasing exergy consumption of the DHS.
The unit exergy cost of hydrogen is 0.068 $/kW h.
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