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Using Exergy to Correlate Energy Research Investments and Efficiencies: Concept and Case Studies
Faculty of Engineering and Applied Science, University of Ontario Institute of Technology, 2000 Simcoe Street North, Oshawa, Ontario, L1H 7K4, Canada
Received: 30 November 2012; in revised form: 28 December 2012 / Accepted: 5 January 2013 / Published: 16 January 2013
Abstract: The use of exergy to correlate energy-utilization efficiencies and energy research investments is described. Specifically, energy and exergy losses are compared with energy research and development expenditures, demonstrating that the latter correlates with energy losses, even though it would be more sensible to allocate energy research and development funding in line with exergy losses, as they represent the actual deviation of efficiency from the ideal. The methodology is outlined and illustrated with two case studies. The case studies consider the province of Ontario, Canada and the United States. The investigation utilizes data on the energy utilization in a country or region, including flows of energy and exergy through the main sectors of the economy. The results are expected to be of use to government and public authorities that administer research and development funding and resources and should help improve the effectiveness of such investments.
Keywords: exergy; energy; research; investment; economic; efficiency
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MDPI and ACS Style
Rosen, M.A. Using Exergy to Correlate Energy Research Investments and Efficiencies: Concept and Case Studies. Entropy 2013, 15, 262-286.
Rosen MA. Using Exergy to Correlate Energy Research Investments and Efficiencies: Concept and Case Studies. Entropy. 2013; 15(1):262-286.
Rosen, Marc A. 2013. "Using Exergy to Correlate Energy Research Investments and Efficiencies: Concept and Case Studies." Entropy 15, no. 1: 262-286.