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

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.

Department dc:contributor.department

Massachusetts Institute of Technology. Engineering Systems Division.

Grantor dc:publisher

Massachusetts Institute of Technology

Year dc:date.issued

2015

Author dc:creator

• Chen, Chia-Chi (Chia-Chi Jacky)

Advisor dc:contributor.advisor

• Dah-Yoh Lim and Patrick Hale.

• Engineering Systems Division.
• System Design and Management Program.

Statement dc:rights

• 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.

Licence dc:rights.uri

• http://dspace.mit.edu/handle/1721.1/7582

Language dc:language.iso

eng

Handle dc:identifier.uri

http://hdl.handle.net/1721.1/105306

OAI identifier oai:identifier

oai:dspace.mit.edu:1721.1/105306