## THERMAL SCIENCE

International Scientific Journal

### EXERGOECONOMIC OPTIMIZATION OF A THERMAL POWER PLANT USING PARTICLE SWARM OPTIMIZATION

**ABSTRACT**

The basic concept in applying numerical optimization methods for power plants optimization problems is to combine a State of the art search algorithm with a powerful, power plant simulation program to optimize the energy conversion system from both economic and thermodynamic viewpoints. Improving the energy conversion system by optimizing the design and operation and studying interactions among plant components requires the investigation of a large number of possible design and operational alternatives. State of the art search algorithms can assist in the development of cost-effective power plant concepts. The aim of this paper is to present how nature-inspired swarm intelligence (especially PSO) can be applied in the field of power plant optimization and how to find solutions for the problems arising and also to apply exergoeconomic optimization technics for thermal power plants.

**KEYWORDS**

PAPER SUBMITTED: 2012-06-25

PAPER REVISED: 2012-09-22

PAPER ACCEPTED: 2012-11-24

**THERMAL SCIENCE** YEAR

**2013**, VOLUME

**17**, ISSUE

**Issue 2**, PAGES [509 - 524]

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