High efficiency, environmental friendliness, low operation and maintenance
costs, and the lowest possible impact on the environment are some of the requirements of
sustainable energy production. In the selection of new power generation systems, a number of
steps have to be taken into account in order to meet these requirements. Here, the first law
analysis has been implemented and investigated, followed by a combination of the first and
second law analyses (exergy analysis), and thermoeconomics. Finally, an exergetic life cycle
assessment (ELCA) has been carried out for two different power cycles to show how the
irreversibility of a process is coupled to environmental issues. The study involves two cycles,
a two-pressure level combined cycle and a humid cycle, to demonstrate the usefulness of the
three methods mentioned above in a pre-purchase process. The main goal of this study is to
point out the advantages and the difficulties related to the implementation of each and every
method, and to identify the target groups that can gain knowledge and information by using
these methods. Since the operators of power plants often do not have access to detailed
information about component materials, characteristics, etc., of the power cycle, assumptions
have to be made when comparing different cycle configurations with each other. These
limited types of data and information have also been used here to create a plausible scenario
of how different pre-purchase methods can differ from each other