exergoeconomics

English

Etymology

exergo- +‎ economics

Noun

exergoeconomics (uncountable)

1. 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

Exergoeconomics is considered one of the most important parts of thermoeconomics.

See also

• thermoeconomics
• environomics