Exergy destruction minimization principle applied to optimize combined cooling, heating and power (CCHP) plant

In today's world where there are energy crises, there is a need to conserve the same. In order to conserve the energy, it is imperative to utilize its available forms as per the requirement that arise from the end user. In this paper, modeling and optimization of a Combined Cooling, Heating and Power (CCHP) plant is done wherein minimization of Exergy Destruction is set as an objective function. Electric and Cooling demands are specified for the plant in the beginning and depending upon the same, the decision variables over a span of 24 hours are achieved after optimization procedure imposed. The CCHP system has thermal, electrical, mechanical and chemical components. It does mean that multiple energy domains exist. The objective function chosen takes care of the same which is the main advantage of using it in optimization procedure.