This analysis combines exergy and cost assessments to improve oil shale production efficiency, suggesting cost-effective enhancements.
This paper documents the detailed thermodynamic and cost analyses, and suggested improvements of a plant generating oil from eastern oil shale. The paper describes the combination of an exergy analysis, exergoeconomic analysis, and pinch analysis to iteratively improve the efficiency and cost effectiveness of a complex energy system.
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Tsatsaronis et al. (1995) studied this question.
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