Exergo-economic analysis of micro pin fin heat sinks

A parametric study of thermoeconomic performance over four micro pin fin heat sinks of different spacing and shapes was conducted. Unit cost per product exergy, relative cost difference, and exergo-economic factor were utilized to evaluate the thermoeconomic performance. The effect of working fluid on the thermoeconomic performance was also investigated using R-123 and water as working fluids. Unit costs per product exergy were obtained to evaluate the product costs (total exergy change between exit and inlet streams) in micro pin fin heat sinks at fixed mass flow rate and fixed pressure drop. The results of the thermoeconomic analysis were compared with the results of a past exergy performance study by the author.