Economic viability of high-performance cycle systems: Energy and cost efficiency insights
This study evaluates the economic viability of high-performance cycle systems through a comprehensive analysis of energy and cost efficiency factors in thermal energy storage technologies. Our research identifies significant cost-benefit advantages of innovative design approaches over conventional systems in industrial applications. Through rigorous economic modeling and performance testing, we analyzed operational efficiency, capital investment requirements, and long-term financial returns. Results demonstrate that the advanced designs deliver substantial economic benefits by reducing operational times by 33.2%, enhancing energy utilization rates by 48.4%, and improving overall system efficiency by 8.3% compared to traditional approaches. Optimized system configurations further enhanced performance metrics and cost-effectiveness. Our economic analysis reveals significant potential for operational cost reduction and energy efficiency improvements in industrial applications, with projected payback periods shortened by approximately one-third. These findings underscore the economic viability of implementing innovative designs in high-performance cycle systems, with implications for reducing operational costs, improving return on investment, and enhancing market competitiveness in energy-intensive industries. Future research directions include scaling applications for various industrial sectors and quantifying broader economic and sustainability impacts. • Phase change capsule-based packed-bed thermal energy storage (PBTES) devices have been widely used in thermal energy. • By imitating the interior and exterior structure of chloroplast-granum. • The findings demonstrate that, in comparison to the spherical type PCM capsule, the chloroplast-fin type PCM.
Authors
- Rui Xie (ORCID: https://orcid.org/0000-0001-9337-0841)
- Xiaopeng Deng (ORCID: https://orcid.org/0000-0002-2987-505X)
- Fu Liu (ORCID: https://orcid.org/0000-0001-9955-959X)
- Elchin Eyvazov (ORCID: https://orcid.org/0000-0002-5013-3819)
- Yali Yin
- Dilafruz Fayziyeva
Institutions
- Nanjing Normal University (CN)
- Beijing Normal University (CN)
- Azerbaijan State University of Economics (AZ)
- Xijing University (CN)
- Tashkent State University of Economics (UZ)
Publication Details
- Journal
- Energy Strategy Reviews
- Published
- 2025-03-30
- DOI
- https://doi.org/10.1016/j.esr.2025.101675
- Citations
- 4
- Primary Topic
- Climate Change Policy and Economics
- Type
- article
- Field-Weighted Citation Impact
- 12.52