exergoeconomics en · NOUN
Etymology
From exergo- + economics.
Meanings
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(uncountable) An extension of cost analysis that includes consideration of exergy.
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.
2007, Marc A Rosen, Ibrahim Dincer, Exergy: Energy, Environment and Sustainable Development, page 61: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.
2012, G. Tsatsaronis, “Design Optimization Using Exergoeconomics”, in Adrian Bejan, Eden Mamut, editor, Thermodynamic Optimization of Complex Energy Systems, page 101:These published studies also highlight the importance of exergoeconomics for refrigeration systems.
2018, Ibrahim Dincer, Comprehensive Energy Systems, page 374: