Abstract
The paper examines the concepts of first-law (thermal) and second-law (exergy) efficiencies of power generation systems and the manner in which these efficiencies affect the economics of such systems. It is shown that, although the thermal efficiency may provide a preliminary indicator of the unit cost of the energy conversion equipment, it is generally a poor measure of the degree of success of the system in utilizing the input energy stream.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 3-8 |
| Number of pages | 6 |
| Journal | Proceedings of the Intersociety Energy Conversion Engineering Conference |
| Volume | 1 |
| State | Published - 1981 |
| Event | Unknown conference - Atlanta, Ga, USA Duration: Aug 9 1981 → Aug 14 1981 |
ASJC Scopus subject areas
- Fuel Technology
- Electrical and Electronic Engineering