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

Steam-generating heat pumps show great potential for reducing carbon emissions in the industrial sector. However, predicting their performance is challenging, as the irreversibilities of components evolve differently with temperature lift and condenser temperature. With over seventy design improvements mentioned in the literature, selecting the most effective design improvement is cumbersome. In this study, energy and exergy-based methods were compared in their ability to identify favourable design changes to a single-stage subcritical heat pump for the generation of steam from hot condensate. The introduction of a sequential compressor with an intermediate cooler, based on the results of the energy analysis reduced the heat pump’s techno-economic performance. The results of exergy-based methods lead to the addition of either an internal heat exchanger or a flash vessel by and improved in both cases technoeconomic 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.