Long Term Investment and Maintenance Planning for Heat Exchanger Network Retrofit
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26210%2F20%3APU137162" target="_blank" >RIV/00216305:26210/20:PU137162 - isvavai.cz</a>
Result on the web
<a href="https://www.sciencedirect.com/science/article/pii/S030626192031206X?via%3Dihub" target="_blank" >https://www.sciencedirect.com/science/article/pii/S030626192031206X?via%3Dihub</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/j.apenergy.2020.115713" target="_blank" >10.1016/j.apenergy.2020.115713</a>
Alternative languages
Result language
angličtina
Original language name
Long Term Investment and Maintenance Planning for Heat Exchanger Network Retrofit
Original language description
Process Optimisation has been the core topic in chemical process industries for decades. However, the performance of the asset strongly influences the production efficiency as well. In the case of Heat Exchanger Network (HEN), the retrofit decisions are often aimed to maximise energy savings and minimise the associated cost. However, the age and performance of heat exchangers have a great influence on the HEN efficiency as well. This study brings innovative retrofit algorithms, integrating exchangers’ lifetime and reliability functions to visualise the benefits of the hybrid process and asset optimisation. The HEN retrofit structures are optimised, considering various heat intensification methods. The model is formulated based on the novel concept of Shifted Retrofit Thermodynamic Grid Diagram (SRTGD). A Mixed Integer Linear Programming (MILP) model is formulated for the investment and maintenance planning. The operating life of the network is discretised into multiple periods, and a decision is made within each period: whether to upgrade the heat exchangers, purchase new heat exchangers – for replacement or adding to the network, maintain the heat exchangers or perform nothing. Two realistic case studies are used to elucidate the application of the method. Under a 20 y planning horizon, the Net Present Value (NPV) obtained are higher than the previous works, i.e. 17% higher for case study 1 with 51% utility savings, and 14% higher for case study 2 with 74% utility savings. The proposed HEN retrofit decisions are proven to be cost-effective. A graphical tool has been developed to track the reliability and maintenance status of the exchangers to provide a significant guide to the economically optimum decisions.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
20402 - Chemical process engineering
Result continuities
Project
<a href="/en/project/LTACH19033" target="_blank" >LTACH19033: Transmission Enhancement and Energy Optimized Integration of Heat Exchangers in Petrochemical Industry Waste Heat Utilisation</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2020
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
APPLIED ENERGY
ISSN
0306-2619
e-ISSN
1872-9118
Volume of the periodical
neuveden
Issue of the periodical within the volume
279
Country of publishing house
GB - UNITED KINGDOM
Number of pages
10
Pages from-to
115713-115713
UT code for WoS article
000594116000006
EID of the result in the Scopus database
2-s2.0-85090053637