Integrating organic Rankine cycles for waste heat recovery from onboard diesel generators in the maritime sector: Simulation and techno-economic assessment

Abstract

The maritime sector's dependence on fossil fuels, coupled with the rising crude oil prices, underscores the urgent need to enhance ship efficiency and advance the decarbonization of the marine sector. This paper evaluates the technical and economic feasibility of integrating organic Rankine cycle (ORC) systems in diesel-electric propulsion marine distribution vessels. A comprehensive simulation and optimization of a 1.6 MW ORC unit, using acetone as the working fluid, has been conducted. The system is designed to recover waste heat from the exhaust gases of diesel generators aboard a vessel. Under an 85% load of the diesel generators, the ORC bottoming unit demonstrates a net electrical efficiency of 8.45% with a thermodynamic cycle efficiency of 18.73%. It is estimated that this system could reduce annual carbon dioxide emissions and diesel fuel consumption by 18.5% compared to conventional systems. From a financial perspective, assuming a conservative discount rate of 8%, the ORC system demonstrates long-term viability with a cumulative profit of 44% on the initial investment, a payback period of 11.7 years, and an internal rate of return of 12.8%. Additionally, the advantages of integrating the ORC technology with direct current distribution networks are highlighted, simplifying system architecture and improving energy efficiency.