Phil Stevens wrote:If you're trying to extract heat from the chimney, you need to bear in mind that the stack temperature needs to be above a certain point for the system to draft properly. This is usually 200 C for wood stoves and similar equipment. If you pull too much heat from there, you could have problems like water vapour condensing and stalling the movement of gases to the outdoors.
I agree that this is something to watch out for. You can probably mitigate this risk by adding an adjustable valve to your pipe - partially closing the valve will restrict the flow and keep
hot water in the system for longer, drawing less heat from the stove (the greater the difference in temperature, known as the "temperature gradient", the faster energy will be transferred).
Phil Stevens wrote:If your furnace has a way to put in a water heating coil in the firebox (commonly called a wetback in this part of the world), that would be the way to go.
This is called a "back boiler" in the UK. Lots of commercial stoves include them, particular older stoves before gas or oil-fired boilers became available. They seem to be more efficient than copper coils, although I have heard of copper wrapping the flue pipe quite often.
As Phil mentions, it's important to consider pressure in the system as, if it becomes too hot and the water boils and turns to steam, you may end up with pipes exploding or becoming scolding hot. You can get special valves that will release at a certain pressure. If you connect one of these to a pipe leading outside of your property, any steam or excess
hot water will drain harmlessly away. It would also be a good idea to have a pressure gauge and a manual outflow pipe that you can use if things get too hot - just make sure you have a pair of good gloves stored nearby.
It's common practice to place the water tank higher than the heat source as this will drive the thermosiphon, taking hot water away from the heat source automatically. This is a good precaution regardless of whether you include a powered pump in the system too - if the power goes out, you'll want to keep the water flowing. It also means you have gravity on your side when you want to make use of the hot water.