## 1 Introduction  
Today, the design of efficient energy conversion systems and non-design technology development demands force energy engineers to carry out more research and development. Especially in countries with geothermal energy, it is extremely important to develop more accurate and systematic approaches to develop geothermal power plants (GPPs), due to the harmful effects of fossil-based systems on the environment, their ability to meet global demands in response to increasing energy needs, and their complex designs. The most suitable GPP in low- and medium-temperature geothermal areas (temperature lower than 150 \({}^{\circ}\)C) is the binary GPP, using both geothermal fluid and working fluid (pentane, 134a, etc.). Nowadays, GPPs have emerged as a promising development due to their simple layout (organic Rankine cycle, ORC), higher efficiency, and packed equipment size to generate electricity from sources at low temperatures [1]. On the one hand, evaluation of GPPs, which has attracted a lot of attention in the world, is extremely important before production from the thermodynamic and economic point of view during the project design phase. On the other hand, in existing power plants (PPs), these analyses directly affect the performance of the PP, ease of operation, and costs, and, therefore, the amount of electricity produced. Considering both high efficiency and low cost, the design of binary GPPs is a constant challenge for engineers. Because of the increased energy need and environmental influences, it has become critical to enhance more definite and systematic approaches to improve the design and off-design of systems. In all binary GPP projects, thermodynamic analysis has proven to be a meaningful and accurate method [1; 2]. Thermodynamic analysis, which primarily expresses the conservation of energy principle, concerns the first law of thermodynamics. Thermodynamic losses in a system are not completely determined, and it is difficult to evaluate them with energy analysis. However, exergy analysis can identify the location, magnitude, and effects of irreversibilities present in the system [2]. This concept has also been extended to an approach commonly known today as exergoeconomic analysis (ExEcon). ExEcon analysis combines the concept of exergy with economic principles to describe the flow of investment and operating costs in a thermodynamic system. Over the years, such traditional exergy-based analyses (TradEx) have been comprehensively addressed and applied to GPPs. Many authors examined the thermodynamic and economic performance of GPPs based on the analysis of TradEx (e.g., [3; 4; 5]) and TradExEcon (e.g., [6; 7; 8; 9]). Binary GPP can play an important role in the future decarbonization of the energy sector and, therefore, the global energy system. Moreover, due the results associated with the energy sector and highly efficient GPP systems in significantly reducing greenhouse gas emissions, their adoption need to be encouraged. Such a goal can be accomplished by applying advanced exergy (AdvEx) analysis methods [10]. In fact, unlike TradEx analysis methods, the application of AdvEx analysis methods can illuminate the real thermodynamic strengthening potential of the system under study and the interactions between its components. Thus, the exergy destruction of the system and its components is formed from the endogenous part caused by a component itself, the exogenous part which is the effect of another component on a component, and the preventable and inevitable parts that occur due to the limited technical and economic conditions [11]. However, this method is built on the TradEx analysis method. In the literature, there are many studies in which AdvEx analysis applied to GPPs, e.g., [1; 2; 12; 13]. The quantity and quality of the studies including AdvEx analysis for GPPs is a situation that justifies its wide acceptance and the level of interest.