We present the basic mechanisms of Genetic Algorithms and some significant applications of these algorithms in economics. The article also provides a representative reference list on this topic.

Ever since the release of the Kyoto protocol the demand for CO2-free processes have been increasing. One of the most expanding sources of electric power in the industrialised world today is the gas-fired combined cycle, combining high efficiency and low investment cost. In this paper, the...

The paper deals with the effect of some selected quantities occurring in the legal and economical environment on the optimal values of some selected design quantities of a natural-gas-fired CHP plant. This trend of investigations results from the newly observed legal changes in the legislation...

This paper presents the analysis of the influence of fuel price variation on the optimal values of the design variables of the steam part of a combined cycle plant. The investigated system was a power plant with a triple-pressure heat recovery steam generator and extraction-condensation steam...