Local Stability Analysis for a Thermo-Economic Irreversible Heat Engine Model under Different Performance Regimes

Abstract

A recent work reported a local stability analysis of a thermo-economical model of an irreversible heat engine working under maximum power conditions. That work showed that after small perturbations to the working temperatures, the system decreases exponentially to the steady state characterized by two different relaxation times. This work extends the local stability analysis considering other performance regimes: the Maximum Efficient Power (MEP) and the Ecological Function (EF) regimes. The relaxation time was shown under different performance regimes as functions of the temperature ratio τ = T2/T1, with T1 > T2, the fractional fuel cost f and a lumped parameter R related to the internal irreversibilities degree. Under Maximum Efficient Power conditions the relaxation times are less than the relaxation times under both Maximum Ecological function and Maximum Power. At Maximum Power Efficient conditions, the model gives better stability conditions than for the other two regimes.

Keywords

• thermo-economics
• local stability
• irreversible heat engine