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.

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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
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article

Economic viability of high-performance cycle systems: Energy and cost efficiency insights

Rui Xie, Xiaopeng Deng, Fu Liu, Elchin Eyvazov et al.
4 citations
Energy Strategy Reviews
Climate Change Policy and Economics
12.52
article

Economic viability of high-performance cycle systems: Energy and cost efficiency insights

Rui Xie, Xiaopeng Deng, Fu Liu, Elchin Eyvazov, Yali Yin, Dilafruz Fayziyeva
article en
4 citations

Abstract

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.

Energy Strategy ReviewsVol. 59
Nanjing Normal University (CN), Beijing Normal University (CN), Azerbaijan State University of Economics (AZ), Xijing University (CN), Tashkent State University of Economics (UZ)
Affordable and clean energy
Openalex Percentile: Top 2%
Climate Change Policy and Economics
12.52
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