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The population density and the living standard in Taiwan are rising steadily. In addition, most of the energy resources are heavily dependent on the import. The cost of electric power is continuously going up, and the reserve capacity of electric power is gradually drying out during the peak time. Therefore, it is very important for this country to gencrate more electric energy in a better way. A very efficient cogeneration system called Cheng cycle power system which should be perfectly fit to our electric generation need is analyzed in the present study. By the use of the basic laws of thermodynamics and the equations of thermodynamic properties, the effects of each parameter are investigated under partial and full steam injection conditions in Cheng cycle power system. The results are also compared to that of other systems. At first, the pumping mass flow rate is set to be a constant and observe the changes of the power generation efficiency, net work output and the heat rate required by the combustor under different steam injections. We can also find out the effects of various steam injection ratio on utilization factor, power generation efficiency and heat-to-power ratio and discern the reason why we would like to inject steam as much as possible even at a low overall system efficiency. Then, by observing overall system in full injection condition, we discover many important parameters such as the mass flow rate of injection, the compression ratio, the turbine inlet temperature and the ambient temperature will all effect the performance of overall system. Along the analysis we also demonstrate that there is only a small discrepancy if the total pressure instead of partial pressure of each constituent gas is used to obtain the thermodynamic properties in system calculations. Finally, the performance of a traditional gas turbine system pluses a boiler is compared with that of a Cheng cycle cogeneration system. We found that Cheng cycle system has many benefits such as flexible operation range, high power generation efficiency, low capital cost, less exhaustion of NOx, from which we can clearly evaluate the overall benefit of the Cheng cycle cogeneration system.
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