This book on energy physics and energy efficiency discusses two essential components of energy physics: the fundamentals and the criteria. It covers the historical basis of Carnot models, the thermostatic cycles of double-function heat pumps and the optimization of thermomechanical engines, and discusses the results of various investigations, bringing together a number of previous works. The latter half of this book introduces the concept of "Circular Thermoeconomics" and assesses the physical costs of recycling waste in increasingly complex industrial processes. It then goes on to present "Relative Free Energy", allowing us to create a new mathematical theory of thermodynamic costs in order to diagnose malfunctions in thermal systems. The book shows the progression of knowledge on the existence of successive energy, power and efficiency, and pairs this with the economic aspects, which are already becoming linked to growing environmental concerns.

This book stems from peer-reviewed work the author has published in energy and scientific journals, and follow-up working papers produced on the many links between economics, energy and thermodynamics. Topics covered in this third edition of the book include the gas laws, the distribution of income, the 1st and 2nd Laws of Thermodynamics applied to economics, economic processes and elasticity, entropy and utility, production processes, empirical monetary and employment analysis of the UK and USA economies up to 2011, interest rates, investment and discounted cash flow, bond yield and spread, unemployment, entropy maximization principles, business cycles and reaction kinetics. A chapter is devoted to in-depth analyses of world energy resources and climate change as factors that will impact on economic output. The book finishes with a discussion of the future sustainability of the economic system commensurate with prevailing constraints. The book is aimed at the professional/scholarly and further/higher education economics and science markets

Reference for engineers in a wide variety of industries (including power plants and chemical plants) on design of thermal systems.

Natural phenomena consist of simultaneously occurring transport processes and chemical reactions. These processes may interact with each other and may lead to self-organized structures, fluctuations, instabilities, and evolutionary systems. Nonequilibrium Thermodynamics, Third Edition emphasizes the unifying role of thermodynamics in analyzing the natural phenomena. This third edition updates and expands on the first and second editions by focusing on the general balance equations for coupled processes of physical, chemical, and biological systems. The new edition contains a new chapter on stochastic approaches to include the statistical thermodynamics, mesoscopic nonequilibrium thermodynamics, fluctuation theory, information theory, and modeling the coupled biochemical systems in thermodynamic analysis. This new addition also comes with more examples and practice problems. - Informs and updates on all the latest developments in the field - Contributions from leading authorities and industry experts - A useful text for seniors and graduate students from diverse engineering and science programs to analyze some nonequilibrium, coupled, evolutionary, stochastic, and dissipative processes - Highlights fundamentals of equilibrium thermodynamics, transport processes and chemical reactions - Expands the theory of nonequilibrium thermodynamics and its use in coupled transport processes and chemical reactions in physical, chemical, and biological systems - Presents a unified analysis for transport and rate processes in various time and space scales - Discusses stochastic approaches in thermodynamic analysis including fluctuation and information theories - Has 198 fully solved examples and 287 practice problems - An Instructor Resource containing the Solution Manual can be obtained from the author: [email protected]

This thorough and highly relevant volume examines exergy, energy and the environment in the context of energy systems and applications and as a potential tool for design, analysis, optimization. It further considers their role in minimizing and/or eliminating environmental impacts and providing for sustainable development. In this regard, several key topics ranging from the basics of the thermodynamic concepts to advanced exergy analysis techniques in a wide range of applications are covered.

This book presents the diverse and rapidly expanding field of Entropy Generation Minimization (EGM), the method of thermodynamic optimization of real devices. The underlying principles of the EGM method - also referred to as "thermodynamic optimization," "thermodynamic design," and "finite time thermodynamics" - are thoroughly discussed, and the me