This paper investigates the thermodynamic performance of latent heat thermal energy storage system using two phase change materials(2-PCM system). The thermodynamic merit of using 2-PCM is clear in terms of exergetic efficiency, which is substantially higher than that of 1-PCM system. Optimum phase change temperature to maximize the exergetic efficiency exists for each case. The heat transfer area ratio of high temperature storage unit, X, becomes another important parameter for 2-PCM system if the phase change temperatures of given materials are different from those of optimum conditions. It is a good approximation for X$_{opt}$ to be 0.5 when optimum phase change temperatures are used. Otherwise X$_{opt}$ is determined differently as a function of given phase change temperatures.res.