Energy recovery by pinch technology

This paper shows how the application of pinch technology can lead towards great energy savings. The heat exchanger network of a nitric acid plant has been studied and it was found that it is possible to reduce requirements for cooling water and medium pressure steam. In order to enable these savings, three heat exchangers should be replaced with new ones. Energy consumption in steam power system increases slightly. However, the final result is a reduction of energy costs and a payback time of 14.5 months