Low-Grade Heat Conversion into Power Using Small Scale Organic Rankine Cycles

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Low-Grade Heat Conversion into Power Using Small Scale Organic Rankine Cycles ( low-grade-heat-conversion-into-power-using-small-scale-organ )

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the range 1500-3500 €/kWe for medium and large size power systems and about 3750- 6000 €/kWe for small scale systems (Schuster et al., 2009; Tchanche et al., 2010b). For the ORC system installed at Lienz, Austria, the additional specific investment cost as compared to a conventional biomass heating plant amounts to 2765 €/kWe (Obernberger et al., 2002). The specific electricity production cost is 12.1 c€/kWhe. This incorporates biomass fuel costs. ORCs applied at the exhaust end of an existing gas engine, has a specific investment cost varying in the range 2500-3000 €/kWe (Invernizzi et al., 2007). The specific electricity production costs, could be below 5 c€/kWhe for medium and large scale systems and about 13.27 c€/kWhe for very small systems (Tchanche et al., 2010b). 3.4 Conclusion Today, the organic Rankine cycle technology is a well-known and widely spread form of energy production, mostly in biomass and geothermal applications. Great rises in solar and heat recovery applications are expected in the near future. Environmental concern over climate change and rising oil prices are reasons supporting the explosive growth of this efficient, clean and reliable way of producing electricity. Page | 81

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