Energy efficiency program is used to reduce energy cost that leads to a reduction in
production or overhead cost. Energy saving can be obtained by application of energy …

This paper reviews the fundamentals of the thermoeconomic diagnosis theory.
Thermoeconomic diagnosis is one of the main applications of the exergy cost theory used to …

During continuous operation of energy systems, the performance of components will mostly,
gradually deviate away from the reference conditions due to performance degradation …

Thermoeconomic diagnosis is a tool to locate malfunctions and quantify their impact on
thermal system operating costs. Since diagnostic methodologies are mainly based on the …

Diagnosis of a 120-kW air-cooled air conditioning system under faulty conditions was
performed using modified productive structure analysis. Unit cost of cooling capacity for the …

The purpose of this paper is to apply thermoeconomics in a HVAC&R facility in order to
implement the dynamic behaviour as well as to solve the direct problem of diagnosis. New …

In contrast to the economical methods of analysis used earlier, this approach is based on
exergy analysis and takes into account not only the quantity but also the quality of energy …

Thermoeconomics join the concepts of Economics and Thermodynamics in order to
describe the cost formation process of the overall thermal system. It has great applicability in …

After long-term operation, the performance of components in the GTCC system deteriorates
and requires timely maintenance. Due to the inability to directly measure the degree of …

In the leading journals in this area Energy and Int. J. of Exergy during the past 5 years, the
number of publications exceeds 200. Only in 2017 in this area was published more papers …