Meaning of exergoeconomics | Babel Free

Definitions

An extension of cost analysis that includes consideration of exergy.

uncountable

Examples

“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.”

“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.”

“These published studies also highlight the importance of exergoeconomics for refrigeration systems.”

CEFR level