• Title/Summary/Keyword: Economic Rankine Cyle

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Economic Assessment on an Integrated system of Phosphoric Acid Fuel Cell and Organic Rankine Cycle (인산형 연료전지와 유기랭킨사이클 연계시스템에 대한 경제성 평가)

  • Kim, Deug Soo;Yoo, Hoseon
    • Plant Journal
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    • v.18 no.1
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    • pp.43-49
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    • 2022
  • In this study, the operational characteristics of the 7.48 MW fuel cell power plant consisting of 17 units of 440 kW Phosphoric Acid Fuel Cell (PAFC) in operation since its commercial operation in December 2017 were explained and the heat recovery process of the plat using Organic Rankine Cycle (ORC)was simulated. The fuel cell system performance improvement and economic assessment were analyzed by calculating the amount of heat recovery and electric power available when connecting a 125 kW XLT Model ORC for hot water heat sources with 105℃, 40.8 t/h. The result of the study shows that integrating the 125 kW ORC to PAFC power plant would improve generating efficiency by about 0.6% through annually 851,472 kWh of electricity produced by ORC, and fuel cell and ORC integrated systems were calculated to have a 0.35% higher Internal Return Ratio and more Net Present Value of 1,249 million KRW than not installing ORC despite installation costs.

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