Exergy or the available energy is based on the second law of thermodynamics and goes back to Maxwell and Gibbs. It is the exergy content and not the energy content, that truly represents the potential of the substance to cause change. Exergy is the only rational basis for evaluating the system...

Energy is vital for sustainable development of any nation – be it social, economic or environment. In the past decade energy consumption has increased exponentially globally. Energy management is crucial for the future economic prosperity and environmental security. Energy is linked to...