Performance Evaluation of an Ironmaking System with Environmental Costs

This paper proposes an exergoeconomic analysis method that considers environmental costs to make up for the lack of description of environmental costs in the traditional matrix model exergoeconomic analysis method. This method tracks the formation process of the product cost through life cycle and m...

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Main Authors: Huimin Liu, Qiqiang Li
Format: Article
Language:English
Published: Hindawi-Wiley 2020-01-01
Series:Complexity
Online Access:http://dx.doi.org/10.1155/2020/2793580
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spelling doaj-14f58b403c1c41fca2af9de8324c30d12020-11-25T03:57:10ZengHindawi-WileyComplexity1076-27871099-05262020-01-01202010.1155/2020/27935802793580Performance Evaluation of an Ironmaking System with Environmental CostsHuimin Liu0Qiqiang Li1The School of Control Science and Engineering, Shandong University, Jinan 250061, ChinaThe School of Control Science and Engineering, Shandong University, Jinan 250061, ChinaThis paper proposes an exergoeconomic analysis method that considers environmental costs to make up for the lack of description of environmental costs in the traditional matrix model exergoeconomic analysis method. This method tracks the formation process of the product cost through life cycle and makes a useful exploration for revealing the true cost of the system product. According to actual needs, the principles for the construction of environmental emissions of products are proposed, and a detailed exergoeconomic analysis model is established by taking the iron smelting system as an example. Through calculation and analysis, the formation process and change rule of unit exergoeconomic cost of products in the system are revealed. Especially, considering the exergoeconomic cost of carbon emissions, the results show that the three most influential substances are sinter, coke, and pellets. When carbon dioxide emissions are considered, the total cost will increase by 165.3 CNY/t iron, and unit exergoeconomic cost gradually increases with the progress of the production process.http://dx.doi.org/10.1155/2020/2793580
collection DOAJ
language English
format Article
sources DOAJ
author Huimin Liu
Qiqiang Li
spellingShingle Huimin Liu
Qiqiang Li
Performance Evaluation of an Ironmaking System with Environmental Costs
Complexity
author_facet Huimin Liu
Qiqiang Li
author_sort Huimin Liu
title Performance Evaluation of an Ironmaking System with Environmental Costs
title_short Performance Evaluation of an Ironmaking System with Environmental Costs
title_full Performance Evaluation of an Ironmaking System with Environmental Costs
title_fullStr Performance Evaluation of an Ironmaking System with Environmental Costs
title_full_unstemmed Performance Evaluation of an Ironmaking System with Environmental Costs
title_sort performance evaluation of an ironmaking system with environmental costs
publisher Hindawi-Wiley
series Complexity
issn 1076-2787
1099-0526
publishDate 2020-01-01
description This paper proposes an exergoeconomic analysis method that considers environmental costs to make up for the lack of description of environmental costs in the traditional matrix model exergoeconomic analysis method. This method tracks the formation process of the product cost through life cycle and makes a useful exploration for revealing the true cost of the system product. According to actual needs, the principles for the construction of environmental emissions of products are proposed, and a detailed exergoeconomic analysis model is established by taking the iron smelting system as an example. Through calculation and analysis, the formation process and change rule of unit exergoeconomic cost of products in the system are revealed. Especially, considering the exergoeconomic cost of carbon emissions, the results show that the three most influential substances are sinter, coke, and pellets. When carbon dioxide emissions are considered, the total cost will increase by 165.3 CNY/t iron, and unit exergoeconomic cost gradually increases with the progress of the production process.
url http://dx.doi.org/10.1155/2020/2793580
work_keys_str_mv AT huiminliu performanceevaluationofanironmakingsystemwithenvironmentalcosts
AT qiqiangli performanceevaluationofanironmakingsystemwithenvironmentalcosts
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