Pinch Analysis for Economic Appraisal of Sustainable Projects

Santanu Bandyopadhyay1
1Department of Energy Science and Engineering, Indian Institute of Technology Bombay, Mumbai, India

Tóm tắt

Từ khóa


Tài liệu tham khảo

Arya D, Bandyopadhyay S (2019) Iterative pinch analysis to address non-linearity in a stochastic pinch problem. J Clean Prod 227:543–553

Arya D, Shah K, Gupta A, Bandyopadhyay S (2018) Stochastic pinch analysis to optimize resource allocation networks. Ind Eng Chem Res 57(48):16423–16432

Bandyopadhyay S, Desai NB (2016) Cost optimal energy sector planning: a pinch analysis approach. J Clean Prod 136:246–253

Bandyopadhyay S (2011) Design and optimization of isolated energy systems through pinch analysis. Asia-Pacific J Chem Eng 6:518–526

Bandyopadhyay S, Foo DCY, Tan RR (2016) Feeling the pinch? Chem Eng Prog 112:46–49

Basher SA, Raboy DG (2018) The misuse of net present value in energy efficiency standards. Renew Sust Energ Rev 96:218–225

Basu R, Jana A, Bardhan R, Bandyopadhyay S (2017) Pinch analysis as a quantitative decision framework for determining gaps in health care delivery systems. Process Integr Optim Sustain 1(3):213–223

Blank LT, Tarquin AJ (2008) Basics of engineering economy. McGraw-Hill Higher-Education, New York

Branker K, Pathak MJM, Pearce JM (2011) A review of solar photovoltaic levelized cost of electricity. Renew Sust Energ Rev 15(9):4470–4482

Brounen D, De Jong A, Koedijk K (2004) Corporate finance in Europe: confronting theory with practice. Financ Manag 33(4):71–101

Chen Y-HH, Timilsina GR, Landis F (2013) Economic implications of reducing carbon emissions from energy use and industrial processes in Brazil. J Environ Manag 130:436–446

Chin HH, Varbanov PS, Klemes JJ, Lam HL (2019) Application of pinch analysis to opportunistic maintenance management. Chem Eng Trans 76:535–540

Colangelo G, Favale E, Miglietta P, de Risi A (2016) Innovation in flat solar thermal collectors: a review of the last ten years experimental results. Renew Sust Energ Rev 57:1141–1159

Cooper R, Edgett S, Kleinschmidt E (2001) Portfolio management for new product development: results of an industry practices study. R&D Manag 31(4):361–380

Dean J (1951) Capital budgeting: top-management policy on plant, equipment, and product development. Columbia University Press, New York

El-Halwagi MM (2016) A return on investment metric for incorporating sustainability in process integration and improvement projects. Clean Techn Environ Policy 19:611–617

El-Halwagi MM, Manousiouthakis V (1989) Synthesis of mass exchange networks. AICHE J 35:1233–1244

El-Halwagi MM (2011) Sustainable design through process integration. Butterworth-Heinemann

El-Halwagi MM, Lovelady A, Abdel-Wahab A, Linke P, Alfadala HE (2009) Apply process integration to environmental impact assessment. Chemical Engineering Progress, February, pp 36–42

Evangelisti L, Vollaro RDL, Asdrubali F (2019) Latest advances on solar thermal collectors: a comprehensive review. Renew Sust Energ Rev 114:109318

Foo DCY (2012) Process integration for resource conservation. CRC Press

Foo DCY (2017) Extended graphical technique for the evaluation of carbon dioxide emission reduction projects. Process Integr Optim Sustain 1:269–274

Hasanbeigi A, Price L, Lu H, Lan W (2010) Analysis of energy-efficiency opportunities for the cement industry in Shandong Province, China: a case study of 16 cement plants. Energy 35(8):3461–3473

Hohmann, E. C., 1971. Optimum networks for heat exchange. Ph.D. thesis, University of South California, USA

International Energy Agency (IEA), 2010. Projected cost of generating electricity, 2010 edition, Paris, France (www.oecd-ilibrary.org/energy/projected-costs-of-generating-electricity-2010_9789264084315-en),

Jain S, Bandyopadhyay S (2018) Cost optimal segregated targeting problems with dedicated sources. Process Integr Optim Sustain 2(3):143–158

Jain S, Gupta S, Thomas N, Bandyopadhyay S (2019) Capacity expansion of electricity sector using multiple sustainability indicators. In: Process Integration and Optimization for Sustainability in press

Jia X, Wang S, Li Z, Wang F, Tan RR, Qian Y (2018) Pinch analysis of GHG mitigation strategies for municipal solid waste management: a case study on Qingdao city. J Clean Prod 174:933–944

Jia X, Zhang L, Li Z, Tan RR, Dou J, Foo DC, Wang F (2019) Pinch analysis for targeting desalinated water price subsidy. J Clean Prod 227:950–959

Joskow PL (2011) Comparing the costs of intermittent and dispatchable electricity generating technologies. Am Econ Rev 101(3):238–241

Kamat S, Chokhani P, Bandyopadhyay S (2019) Bi-objective optimization of interplant integration using pinch analysis. Ind Eng Chem Res 58(43):20014–20025

Kazantzi V, Kazi MK, Eljack F, El-Halwagi MM, Kazantzis N (2019) A pinch analysis approach to environmental risk management in industrial solvent selection. Clean Techn Environ Policy 21(2):351–366

Klemeš J (2013) Handbook of process integration (PI): minimisation of energy and water use, waste and emissions. Woodhead Publishing Limited, Cambridge

Kost, C., Shammugam, S., Jülch, V., Nguyen, H. and Schlegl, T., 2018. Levelized cost of electricity renewable energy technologies. Fraunhofer Institute for Solar Energy Systems ISE (www.ise.fraunhofer.de/content/dam/ise/en/documents/publications/studies/EN2018_Fraunhofer-ISE_LCOE_Renewable_Energy_Technologies.pdf),

Linnhoff B, Townsend DW, Boland D, Hewitt GF, Thomas BEA, Guy AR, Marshall RH (1982) A user guide on process integration for the efficient use of energy. Rugby, IChemE

Manish S, Pillai IR, Banerjee R (2006) Sustainability analysis of renewables for climate change mitigation. Energy Sustain Dev 10(4):25–36

Markovics KS (2016) Capital budgeting methods used in some European countries and in the United States. Univ J Manag 4:348–360

Marre JB, Thébaud O, Pascoe S, Jennings S, Boncoeur J, Coglan L (2016) Is economic valuation of ecosystem services useful to decision-makers? Lessons learned from Australian coastal and marine management. J Environ Manag 178:52–62

Mellichamp DA (2013) New discounted cash flow method: estimating plant profitability at the conceptual design level while compensating for business risk/uncertainty. Comput Chem Eng 48:251–263

Ongpenga JMC, Avisob KB, Fooc DC, Tanb RR (2019) Graphical pinch analysis approach to cash flow management in engineering project. Chem Eng Trans 76:493–498

Ouyang X, Lin B (2014) Levelized cost of electricity (LCOE) of renewable energies and required subsidies in China. Energy Policy 70:64–73

Roychaudhuri PS, Bandyopadhyay S (2018) Financial pinch analysis: minimum opportunity cost targeting algorithm. J Environ Manag 212:88–98

Roychaudhuri PS, Kazantzi V, Foo DCY, Tan RR, Bandyopadhyay S (2017) Selection of energy conservation projects through financial pinch analysis. Energy 138:602–615

Sartori D, Catalano G, Genco M, Pancotti C, Sirtori E, Vignetti S, Bo CD (2014) Guide to cost-benefit analysis of investment projects. Economic appraisal tool for cohesion policy 2014-2020. In: European Commission. Directorate-General for Regional and Urban Policy, Brussels

Singh VK, Henriques CO, Martins AG (2019) A multiperspective assessment of best available energy end-use technologies in India’s households. Process Integr Optim Sustain 3(1):89–99

Singhvi A, Shenoy UV (2002) Aggregate planning in supply chains by pinch analysis. Chem Eng Res Des 80:597–605

Subramanian D, Bandyopadhyay S, Jana A (2019) Optimization of financial expenditure to improve urban recreational open spaces using pinch analysis: a case of three Indian cities. Process Integr Optim Sustain 3(2):273–284

Sukhatme SP, Nayak JK (2008) Solar energy, 3rd edn. McGraw-Hill Education, New Delhi

Tan RR, Bandyopadhyay S, Foo DCY, Ng DKS (2015) Prospects for novel pinch analysis application domains in the 21st century. Chem Eng Trans 45:1741–1746

Tan RR, Aziz MKA, Ng DKS, Foo DCY, Lam HL (2016) Pinch analysis-based approach to industrial safety risk and environmental management. Clean Techn Environ Policy 18:2107–2117

Tan RR, Bandyopadhyay S, Foo DC (2018a) Graphical pinch analysis for planning biochar-based carbon management networks. Process Integr Optim Sustain 2(3):159–168

Tan RR, Foo DCY (2007) Pinch analysis approach to carbon-constrained energy sector planning. Energy 32:1422–1429

Tan RR, Aviso KB, Foo DC (2018b) Carbon emissions pinch analysis of economic systems. J Clean Prod 182:863–871

Van Fan, Y. and Klemeš, J.J., 2019, June. Emission pinch analysis for regional transportation planning: stagewise approach. In 2019 4th international conference on smart and sustainable technologies (SpliTech) (pp. 1-6). IEEE

Walmsley MRW, Walmsley TG, Atkins MJ, Kamp PJJ, Neale JR, Chand A (2015) Carbon emissions pinch analysis for emissions reductions in the New Zealand transport sector through to 2050. Energy 92:569–576

Zayed ME, Zhao J, Elsheikh AH, Du Y, Hammad FA, Ma L, Kabeel AE, Sadek S (2019) Performance augmentation of flat plate solar water collector using phase change materials and nanocomposite phase change materials: a review. Process Saf Environ Prot 128:135–157

Zhelev TK (2005) On the integrated management of industrial resources incorporating finances. J Clean Prod 13(5):469–474

Zhelev TK, Semkov KA (2004) Cleaner flue gas and energy recovery through pinch analysis. J Clean Prod 12:165–170