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The value of energy carriers

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  • van Gool, W.

Abstract

The value of energy carriers can be described thermodynamically by the amount of heat (enthalpy method) or work (exergy or availability method) that can be obtained from the carriers. Prices for energy carriers are used in economics to express their values. The prices for energy carriers are often related to their enthalpies when other properties and conditions are equivalent. However, it has been suggested that the exergy of the energy carriers is the proper quantity to establish their values, i.e. prices should be based on these exergies.

Suggested Citation

  • van Gool, W., 1987. "The value of energy carriers," Energy, Elsevier, vol. 12(6), pages 509-518.
    • Handle: RePEc:eee:energy:v:12:y:1987:i:6:p:509-518
    DOI: 10.1016/0360-5442(87)90010-7
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    Cited by:

    1. Wolters, W. T. M. & Lambert, A. J. D. & Claus, J., 1995. "Sequencing problems in designing energy efficient production systems," International Journal of Production Economics, Elsevier, vol. 41(1-3), pages 405-410, October.
    2. Hammond, Geoffrey P., 2009. "Industrial energy analysis, thermodynamics and sustainability," Applied Energy, Elsevier, vol. 84(7-8), pages 675-700, July.
    3. Sollner, Fritz, 1997. "A reexamination of the role of thermodynamics for environmental economics," Ecological Economics, Elsevier, vol. 22(3), pages 175-201, September.
    4. Hammond, Geoffrey P. & Owen, Rachel E. & Rathbone, Richard R., 2020. "Indicative energy technology assessment of hydrogen processing from biogenic municipal waste," Applied Energy, Elsevier, vol. 274(C).
    5. Geoffrey P. Hammond & Adrian B. Winnett, 2009. "The Influence of Thermodynamic Ideas on Ecological Economics: An Interdisciplinary Critique," Sustainability, MDPI, vol. 1(4), pages 1-31, December.
    6. Hammond, G.P.Geoffrey P., 2004. "Towards sustainability: energy efficiency, thermodynamic analysis, and the `two cultures'," Energy Policy, Elsevier, vol. 32(16), pages 1789-1798, November.
    7. Lucia, Umberto & Grisolia, Giulia, 2017. "Unavailability percentage as energy planning and economic choice parameter," Renewable and Sustainable Energy Reviews, Elsevier, vol. 75(C), pages 197-204.
    8. Hammond, G.P. & Norman, J.B., 2014. "Heat recovery opportunities in UK industry," Applied Energy, Elsevier, vol. 116(C), pages 387-397.
    9. Proskuryakova, L. & Kovalev, A., 2015. "Measuring energy efficiency: Is energy intensity a good evidence base?," Applied Energy, Elsevier, vol. 138(C), pages 450-459.
    10. van Gool, Willem, 1992. "Exergy analysis of industrial processes," Energy, Elsevier, vol. 17(8), pages 791-803.
    11. Lucia, Umberto & Simonetti, Marco & Chiesa, Giacomo & Grisolia, Giulia, 2017. "Ground-source pump system for heating and cooling: Review and thermodynamic approach," Renewable and Sustainable Energy Reviews, Elsevier, vol. 70(C), pages 867-874.

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