Identifying techno-economic improvements for a steam generating heat pump with exergy-based costs minimization

Steam generating heat pumps show great potential for reducing carbon emissions in the industrial sector. However, predicting their performance is challenging as the exergy destruction of e.g., compressors and expansion valves increases with the temperature lift and condenser temperature. With over seventy design improvements mentioned in the literature, selecting the most effective design improvements is crucial. In this study, energy and exergy-based methods were compared in their ability to identify design improvements for a single stage subcritical heat pump to produce steam from hot condensate. The energy-based method suggested the addition of a sequential compressor with an intermediate cooler; however, this design did not improve the heat pump's techno-economic performance. The suggestion of adding either an internal heat exchanger or a flash vessel by exergy-based methods did lead in both cases to improved techno-economic performance. The internal heat exchanger performed best and increased the coefficient of performance from 2.3 to 2.8 and reduced operational costs by 0.8 M€ after 5 years of operation. Additionally, the initial investment decreased by 135 k€, and the total costs of operation decreased from 10.3 M€ to 8.7 M€. These findings show that exergy-based methods are the way forward in identifying effective design improvements for steam generating heat pumps.