Table of Contents
Processes, Volume 6, Issue 7 (July 2018)
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Cover Story (view full-size image) In the United States and abroad, industrial process heat (IPH) makes up around one-third of all [...] Read more. In the United States and abroad, industrial process heat (IPH) makes up around one-third of all delivered energy use, with the majority of this energy produced from fossil fuel combustion. The magnitude of the IPH sector represents a significant opportunity not only for renewable energy adoption and greenhouse gas emissions reductions, but also for decreasing the cost of operations with capital investment. However, the economics of augmenting conventional thermal energy systems with concentrating solar thermal power is dependent on the geographic region and energy market. This paper addresses the capital investment decision-making problem using high-accuracy dynamical simulation and deterministic global optimization. View this paper.