Effect of heat transfer law on the finite-time exergoeconomic performance of a Carnot refrigerator

The operation of a Carnot refrigerator is viewed as a production process with exergy as its output. The economic optimization of the endoreversible refrigerator is carried out in this paper. The Coefficient of Performance (COP) of the refrigerator is a secondary consideration of the practical engineering effort of maximizing cooling rate and exergy whose goodness is constrained by economical considerations. Therefore, the profit of the refrigerator is taken as the optimization objective. Using the method of finite-time exergoeconomic analysis, which emphasizes the compromise optimization between economics (profit) and the appropriate energy utilization factor (Coefficient of Performance, COP) for finite-time (endoreversible) thermodynamic cycles, this paper derives the relation between optimal profit and COP of an endoreversible Carnot refrigerator based on a relatively general heat transfer law q∝Δ(Tⁿ). The COP at the maximum profit is also obtained. The results obtained involve those for three common heat transfer laws: Newton's law (n=1), the linear phenomenological law in irreversible thermodynamics (n=−1), and the radiative heat transfer law (n=4).