exergoeconomics
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English
[edit]Etymology
[edit]Noun
[edit]exergoeconomics (uncountable)
- An extension of cost analysis that includes consideration of exergy.
- 2007, Marc A Rosen, Ibrahim Dincer, Exergy: Energy, Environment and Sustainable Development, page 61:
- Exergy-based methods have evolved that can help in design-related activities. For example, some methods (e.g., exoergoeconomics and thermoeconomics) can be used to improve economic evaluations.
- 2012, G. Tsatsaronis, “Design Optimization Using Exergoeconomics”, in Adrian Bejan, Eden Mamut, editor, Thermodynamic Optimization of Complex Energy Systems, page 101:
- In addition, exergoeconomics is a very powerful tool for understanding the interconnections between thermodynamics and economics, and, thus, the behavior of an energy conversion plant from the cost viewpoint.
- 2018, Ibrahim Dincer, Comprehensive Energy Systems, page 374:
- These published studies also highlight the importance of exergoeconomics for refrigeration systems.
Usage notes
[edit]Exergoeconomics is considered one of the most important parts of thermoeconomics.