In this paper, a comparison between the Entropy Generation Minimization met
hod and the Power Maximization technique is presented. The assessment is pe
rformed by analyzing, as a typical example of direct conversion heat engine
s, the thermoelectric generator. The effects of heat-leak and finite-rate h
eat transfer on the performance of the generator, which is modeled as a Car
not-like engine with internal irreversibilities, are studied. Even though b
oth methods lead to the same conclusions, the entropy generation minimizati
on method, when applied for such an inherently irreversible device, is show
n to be less straight forward than the power maximization technique requiri
ng careful accounting of the different sources of irreversibility. Moreover
, the entropy generation rate vs. efficiency behavior of the generator reve
als that the efficiency at minimum entropy generation rate and the maximum
efficiency are distinct. (C) 2000 Elsevier Science Ltd. All rights reserved
.