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  5. Improving energy efficiency : (turning wasted heat into cash flow)

Improving energy efficiency : (turning wasted heat into cash flow)

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962327464-MIT.pdf

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Author(s)
Chen, Chia-Chi (Chia-Chi Jacky)
Advisor(s)
Dah-Yoh Lim and Patrick Hale.
Alternative Title
Turning wasted heat into cash flow
Date Issued
2015
Publisher
Massachusetts Institute of Technology
Abstract
The following gaps in critical goals are derived through a direct comparison of the Needs to Goals transformation versus the current waste heat recovery solutions and their stated goals. 1. Critical: Implementation of a sustainable financial plan which can help to initiate an increase in waste heat recovery 2. Critical: Deployment of waste heat recovery strategies for reducing greenhouse emissions A proposed solution to achieve these two goals would be: 1. Purchasing waste heat from industries. 2. Storing this energy with our proprietary thermal storage materials. 3. Selling the stored energy at either industrial sites or to pricier markets. New thermal-storage materials and a mini-sized combined heat and power (CHP) system have been further developed. This system will be the first to involve the arbitrage of waste heat energy by using cheap thermal storage material (made with zero greenhouse emissions) and a mini generator. This system could play an important role in providing economic incentives for industries that wish to recover waste heat.
Description
Thesis: S.M. in Engineering and Management, Massachusetts Institute of Technology, Engineering Systems Division, 2015.
Cataloged from PDF version of thesis.
Includes bibliographical references (page 62).
Subjects
Engineering Systems Division.
System Design and Management Program.
MIT Department
System Design and Management Program.
Massachusetts Institute of Technology. Engineering Systems Division
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M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission.
http://dspace.mit.edu/handle/1721.1/7582
Persistent DSpace Link
http://hdl.handle.net/1721.1/105306
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