Techno-Economics and Carbon Footprint
Subsurface energy systems are gaining attention for addressing energy storage challenges and environmental concerns. Optimizing efficiency of these systems and minimizing their environmental impact remain critical. Exergy analysis, measuring a system's maximum useful work at equilibrium, provides a comprehensive framework for assessing subsurface energy systems. Exergy in combination with techno-economics and carbon footprint analyses serve as a robust tool for evaluating sustainability across energy technologies and policy options. This approach considers environmental burdens from raw material supply to final end-user product delivery.
Related projects
Techno-economic assessment of subsurface energy systems
Timeline: March 2023 – March 2027
ExergyET project focuses on a comprehensive assessment of various subsurface energy transition systems. In this assessment, we will compare all existing sources and sinks of energy within industrial applications in terms of exergy of the system complementing it with the evaluation of their economic performance as well as CO2 footprint related to every stage of these applications.