Exergy, often referred to as "available energy" or "useful work potential", is a fundamental concept in the field of thermodynamics and engineering. It plays a crucial role in understanding and quantifying the quality of energy within a system and its potential to perform useful work. Exergy analysis has widespread applications in various fields, including energy engineering, environmental science, and industrial processes.
From a scientific and engineering perspective, second-law-based exergy analysis is valuable because it provides a number of benefits over energy analysis alone. These benefits include the basis for determining energy quality (or exergy content), enhancing the understanding of fundamental physical phenomena, and improving design, performance evaluation and optimization efforts. In thermodynamics, the exergy of a system is the maximum useful work that can be produced as the system is brought into equilibrium with its environment by an ideal process. The specification of an "ideal process" allows the determination of "maximum work" production. From a conceptual perspective, exergy is the "ideal" potential of a system to do work or cause a change as it achieves equilibrium with its environment. Exergy is also known as "availability". Exergy is non-zero when there is dis-equilibrium between the system and its environment, and exergy is zero when equilibrium is established (the state of maximum entropy for the system plus its environment).