In the present paper, the thermoeconomic optimization of an irreversible solar-driven heat engine model has been carried out by using finite-time/finite-size thermodynamic theory. In our study we take into account losses due to heat transfer across finite time temperature differences, heat leakage between thermal reservoirs and internal irreversibilities in terms of a parameter which comes from the Clausius inequality. In the considered heat engine model, the heat transfer from the hot reservoir to the working fluid is assumed to be Dulong-Petit type and the heat transfer to the cold reservoir is assumed of the Newtonian type. In this work, the optimum performance and two design parameters have been investigated under two objective functions: the power output per unit total cost and the ecological function per unit total cost. The effects of the technical and economical parameters on the thermoeconomic performance have been also discussed under the aforementioned two criteria of performance.

In the present paper, the thermoeconomic optimization of an endoreversible solardriven heat engine has been carried out by using finite-time/finite-size thermodynamic theory. In the considered heat engine model, the heat transfer from the hot reservoir to the working fluid is assumed to be the radiation type and the heat transfer to the cold reservoir is assumed the conduction type. In this work, the optimum performance and two design parameters have been investigated under three objective functions: the power output per unit total cost, the efficient power per unit total cost and the ecological function per unit total cost. The effects of the technical and economical parameters on the thermoeconomic performance have been also discussed under the aforementioned three criteria of performance.

This paper presents a general property of endoreversible thermal engines known as the Semisum property previously studied in a finite-time thermodynamics context for a Curzon–Ahlborn (CA) engine but now extended to a simplified version of the CA engine studied by Agrawal in 2009 (A simplified version of the Curzon–Ahlborn engine, European Journal of Physics 30 (2009), 1173). By building the Ecological function, proposed by Angulo-Brown (An ecological optimization criterion for finite-time heat engines, Journal of Applied Physics 69 (1991), 7465–7469) in 1991, and considering two heat transfer laws an analytical expression is obtained for efficiency and power output which depends only on the heat reservoirs’ temperature. When comparing the existing efficiency values of real power plants and the theoretical efficiencies obtained in this work, it is observed that the Semisum property is satisfied. Moreover, for the Newton and the Dulong–Petit heat transfer laws the existence of the g function is demonstrated and we confirm that in a Carnot-type thermal engine there is a general property independent of the heat transfer law used between the thermal reservoirs and the working substance.

This work uses the low-dissipation strategy to obtain efficiency at maximum power from a stochastic heat engine performing Carnot-, Stirling- and Ericsson-like cycles at finite time. The heat engine consists of a colloidal particle trapped by optical tweezers, in contact with two thermal baths at different temperatures, namely hot ($T_h$) and cold ($T_c$). The particle dynamics is characterized by a Langevin equation with time-dependent control parameters bounded to a harmonic potential trap. In a low-dissipation approach, the equilibrium properties of the system are required, which in our case, can be calculated through a statelike equation for the mean value ${\langle x^2\rangle }_{\mathrm{eq}}$ coming from a macroscopic expression associated with the Langevin equation.

In this work, we focused mainly in the analysis of stability of a non-endoreversible Curzon-Ahlborn engine working in an ecological regime. For comparison purposes we also include the Maximum Efficient Power (MEP) regime taking into account the engine time delays. When the system’s dynamic stability is compared with its thermodynamics properties (efficiency and power output), we find that the temperature ratio τ = T1/T2 represents a trade-off between stability and energetic properties. When we take the non-endoreversible case, τ can increases to values greater than R (where R is the non-endoreversible parameter) but not greater than one. We reformulate an important difference between this case and the other two, Maximum Power (MP) and MEP regime, in which τ = R. Finally, we demonstrated that the total time delay does not destabilize the steady state of system. It does not seem to play a role in the dynamic thermodynamic property trade-off.