11 min read·
Exergy analysis vs entropy generation minimization vs thermoeconomics: choosing the right framework for industrial decarbonization
Industrial facilities waste 20–50% of input energy as low-grade heat, and selecting the right thermodynamic optimization framework can recover 15–30% of losses. This comparison evaluates exergy analysis, entropy generation minimization, and thermoeconomic methods across cost, complexity, accuracy, and applicability to sectors from power generation to chemicals.