Implementing of the multi-objective particle swarm optimizer and fuzzy decision-maker in exergetic, exergoeconomic and environmental optimization of a benchmark cogeneration system

Multi-objective optimization for design of a benchmark cogeneration system namely as the CGAM cogeneration system is performed. In optimization approach, Exergetic, Exergoeconomic and Environmental objectives are considered, simultaneously. In this regard, the set of Pareto optimal solutions known as the Pareto frontier is obtained using the MOPSO (multi-objective particle swarm optimizer). The exergetic efficiency as an exergetic objective is maximized while the unit cost of the system product and the cost of the environmental impact respectively as exergoeconomic and environmental objectives are minimized. Economic model which is utilized in the exergoeconomic analysis is built based on both simple model (used in original researches of the CGAM system) and the comprehensive modeling namely as TTR (total revenue requirement) method (used in sophisticated exergoeconomic analysis). Finally, a final optimal solution from optimal set of the Pareto frontier is selected using a fuzzy decision-making process based on the Bellman-Zadeh approach and results are compared with corresponding results obtained in a traditional decision-making process. Further, results are compared with the corresponding performance of the base case CGAM system and optimal designs of previous works and discussed. -- Highlights: → A multi-objective optimization approach has been implemented in optimization of a benchmark cogeneration system. → Objective functions based on the environmental impact evaluation, thermodynamic and economic analysis are obtained and optimized. → Particle swarm optimizer implemented and its robustness is compared with NSGA-II. → A final optimal configuration is found using various decision-making approaches. → Results compared with previous works in the field.