SYMBCOST

Symbolic Exergoeconomics is a methodology for calculating all exergy-cost variables of a plant as a function of: Input exergy resources FT or output exergy products PT; Exergy efficiencies of the subsystems (ki); Bifurcation exergy ratios (xi); Amortization cost of the subsystems, Zi and the exergy unit prices of the input flows cωi. This paper reports that this technique can be applied in many diverse fields of energy analysis, such as simulation, optimization and cost-accounting and the analysis of perturbations and sensitivity of thermal systems. In spite of the existence of the theory, the analytical studies are restricted by the limitations of human capacity to algebraically handle dozens of variables for practical cases. What is needed is a symbolic manipulation program to obtain the formulae for the different exergoeconomic parameters of any exergy structure. This would enable the scientific and technical community to use and develop the facilities of symbolic exergoeconomics