An integrated assessment of energy conversion processes by means of thermodynamic, economic and environmental parameters

A comprehensive method of analysis based on energetic, exergetic, emergetic and economic evaluations is proposed in the paper and the application presented. The method is applied to selected energy conversion processes (hydroelectric and thermoelectric ones and bioethanol production). Results are presented and compared while general considerations about the effectiveness of the different approaches are suggested. Emissions to the environment are also evaluated. Suitable performance indicators developed within the proposed methodological framework are defined and discussed accordingly.The method proposed here is addressed to policy makers, operators and designers working in the field of energy supply and conversion. In the authors' opinion, by jointly applying and comparing all of the methods suggested in the paper, valuable information about plant performance and possible areas of improvement are obtained. This can be helpful in the decision-making process.