An Economics-Based Second Law Efficiency

Second Law efficiency is a useful parameter for characterizing the energy requirements of a system in relation to the limits of performance prescribed by the Laws of Thermodynamics. However, since energy costs typically represent less than 50% of the overall cost of product for many large-scale plan...

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Bibliographic Details
Main Authors: John H. Lienhard, Karan H. Mistry
Format: Article
Language:English
Published: MDPI AG 2013-07-01
Series:Entropy
Subjects:
Online Access:http://www.mdpi.com/1099-4300/15/7/2736