Financially focused 3E optimization of innovative solar-powered dual-temperature refrigeration systems: Balancing cost-effectiveness with environmental sustainability

Abstract

This research delves into the cutting-edge realm of solar-powered dual-temperature refrigeration, adhering to the 3E model emphasizing Energy, Economic, and Environmental considerations with a key focus on financial optimization. The study investigates the implementation of advanced refrigeration technologies, notably the integration of supercritical CO2 and ammonia cycles, tailored for dual-temperature applications. A distinctive aspect of this research is the strategic use of excess thermal energy, enhancing the efficiency of the refrigeration systems under varied climatic conditions. Central to the study is a thorough economic analysis aimed at reducing the Levelized Cost of Cooling (LCOC), while simultaneously enhancing the overall efficiency of the system. With the aid of the Engineering Equation Solver (EES) software, the system is modeled and the preliminary results indicate a promising decrease in cooling expenses (reaching to 90.25 $/GJ) alongside an increase in system efficiency (an improved efficiency of 33.17 %), with the total Coefficient of Performance (COP) demonstrating a significant advancement over traditional refrigeration models. This research underscores the effectiveness of harnessing solar energy in refrigeration technologies, contributing to financially viable and environmentally responsible cooling solutions. It provides valuable insights for the future development of refrigeration systems, which are both economically and environmentally sustainable.

Keywords

• Financially efficient
• Supercritical CO2
• 3E economic analysis
• Dual-temperature cooling
• Cost-effective sustainable solutions