The thermoeconomic optimization of an actual steam power plant coupled with
a MSF desalination unit is reported. A global optimization of the whole sy
stem is performed based on separated local optimizations of different plant
units. The local optimization procedure described herein requires fewer co
mputing resources and deals with simpler mathematical problems than convent
ional optimization methods. On the other hand, the local optimization metho
d requires a thermoeconomic model providing the exergy and economic costs o
f all mass and energy flows of a plant, including those corresponding to fr
esh water and electricity produced. This application can be very useful, ei
ther for the plant management in order to achieve a cost-effective operatio
n, and for a better plant design. In the example given, approximately 11% o
f the total cost was saved according to the optimization results in the nom
inal operating conditions of the plant.