The organic Rankine cycle is is similar to the Rankine steam cycle, but uses an organic fluid such as refrigerants and hydrocarbons instead of water as the working fluid. The ordinary Rankine cycle uses thermal power to convert water to steam, which expands through a turbine in order to generate electricity.

The Organic Rankine Cycle's principle is based on a turbogenerator working as a conventional steam turbine to transform thermal energy into mechanical energy and finally into electric energy through an electrical generator.

Similar to a simple Rankine cycle, a basic organic Rankine cycle (ORC) consists of four processes: increasing pressure of the working fluid through a pump, high temperature heat addition through an evaporator, expansion of the high temperature as well as high pressure fluid through a turbine, and low temperature heat ...

Organic Rankine Cycle Market size exceeded USD 13.5 billion in 2022 and is projected to expand at more than 15% CAGR from 2023 to 2032, driven by government regulations aimed at lowering GHG emissions. The soaring adoption of renewable energy globally is fueling ORC market expansion.