Exergoeconomics
Article REF: BE7000 V1

Exergoeconomics

Author : Alexandru DOBROVICESCU

Publication date: April 10, 2014, Review date: October 31, 2022 | Lire en français

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ABSTRACT

Exergoeconomics is a powerful technique for the analysis and optimization of energetic systems. It is based on the union between the thermodynamics of irreversible processes making use of the exergy concept and the economic analysis. In the optimization procedure, the exergoeconomic analysis succeeds in indicating not only the optimum functional and constructive solution for a certain constructive structure, but also offers the direction to follow for finding the optimum structure of the system.

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 INTRODUCTION

The study of the behavior of a thermodynamic system is based on the realization of its mathematical model, which can be used to simulate the operation and construction of the system .

The mathematical model is composed of the analytical expressions of the general laws of nature, and also contains information on the economic and dimensional constraints and thermodynamic properties of the system. The mathematical model must take into account the interaction of the system under consideration with the physical and economic environment in which it evolves.

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KEYWORDS

exergy   |   exergetic cost   |   exergoeconomic optimization   |     |     |   refrigeration   |     |   energetic

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