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The future of thermoeconomics: From industrial cost minimization toward cumulative resources accounting and sustainability assessment

Mauro Reini and Melchiorre Casisi

Energy, 2024, vol. 307, issue C

Abstract: Thermoeconomics has been developed with the main object of first identifying, and then reducing the costs of the energy produced by industrial power plants. More recently, the same approach formalized in the Exergy Cost Theory has been recognized as a useful tool also in a wider field, like industrial symbiosis and sustainability assessment. To do this, exergy supply chains have been tracked backward and backward, to include in the primary resource consumption a more and more complete inventory of the indirect consumption.

Keywords: Thermoeconomics; Exergy replacement cost; Exergy equivalent of capital and labour; Exergy costs of bioproducts; Sustainability (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:307:y:2024:i:c:s036054422402365x

DOI: 10.1016/j.energy.2024.132591

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