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Exergy – Aided Cost Optimization Using Evolutionary AlgorithmsDOI: 10.5541/ijot.41 Keywords: exergy analysis , exergo-economics , evolutionary algorithms , cogeneration-plant Abstract: In this paper an algorithm is presented, which combines a powerful optimizing tool, Evolutionary Algorithms, with an exergo-economic analysis. The latter supports the optimizer by evaluating certain parameters as the exergetic efficiency and the relative cost difference. A simple cogeneration system has been chosen to illustrate this algorithm. This paper was presented at the ECOS’00 Conference in Enschede, July 5-7, 2000
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