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Thermo-economic optimization of whole gas turbine plant (GTPOM)
Journal article   Peer reviewed

Thermo-economic optimization of whole gas turbine plant (GTPOM)

Richard Knight, Ulf Linder, Niels Markworth and Erhard Perz
Applied thermal engineering, v 24(11), pp 1725-1733
01 Aug 2004

Abstract

This paper describes the GTPOM project that focused on the development and implementation of an integrated through-life economic performance optimization tool for gas turbine whole plant analysis, funded in part through the European Commission's Fifth Framework Programme. PSEconomy, the software tool developed in GTPOM, is primarily intended for use at the preliminary design stage to enable the down-selection of potentially attractive new cycle configurations based on calculated through-life economic performance. However, its flexibility also enables the re-appraisal of existing power generation system design to improve economic, thermodynamic or emissions performance. PSEconomy comprises three key areas of functionality: • thermodynamic process modelling capability, • economic analysis capability, • optimization capability. This paper summarises the key objectives of the project, the structure of the software tool, and the functionality it offers the User. It also briefly describes an example case study performed with the tool to demonstrate the through-life economic optimization capabilities of the system, and suggests potential application areas for the software.

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9 citations in Scopus

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UN Sustainable Development Goals (SDGs)

This publication has contributed to the advancement of the following goals:

#7 Affordable and Clean Energy

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Collaboration types
Industry collaboration
Domestic collaboration
International collaboration
Web of Science research areas
Energy & Fuels
Engineering, Mechanical
Mechanics
Thermodynamics
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