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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    4. General conclusions

    Every energy system interacts with its physical environment and the economic environment in which it operates.

    Only exergoeconomic analysis, based on the union between the thermodynamics of irreversible processes and economic analysis, takes into account the interaction with these two environments.

    Exergoeconomics is the only method capable of taking into account losses to the environment as well as internal destruction, and assigning them an economic cost.

    The search for an optimal functional and constructive solution, based on the principles of exergoeconomics, provides the direction for improving system structure that no other optimization method can provide.

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