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There actually is a term in thermodynamics for energy systems efficiency, exergy, which is a measurement of the ability to do useful work.*  Exergy is not often mentioned just as "full cost accounting," which would include all externalities within an economic measurement of a product or service, is not often mentioned in traditional economics.

As I learned from spending time with big-name journalists in small, informal groups, sometimes not only can't we see the forest for the trees, often we don't see the trees for the leaves.  Concentrating on maximizing the power output from a single wind turbine in a wind farm can be detrimental to the overall energy efficiency of the wind farm, as MIT has shown.  That is not seeing the tree for the leaves.

* The annual energy production of USAmerica is about 100 quadrillion btu's and about 2/3rds of that is "rejected energy," does no useful work, is lost to friction, in distribution and transmission, dissipated as waste heat.  There are ways to capture at least some of that rejected energy but we don't usually link up a waste heat source with a method to use it productively.  The EU, especially Denmark, seems to be much better at that particular aspect of energy planning with all their district heating systems.

Solar IS Civil Defense

by gmoke on Mon Sep 5th, 2022 at 05:36:19 PM EST
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about academic "energy systems" modeling from the EU demonstration?
by Cat on Mon Sep 5th, 2022 at 07:15:52 PM EST
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I'm not an expert on energy modeling but I follow the rough outlines of the field.  There are links to real experts here:  https://www.eurotrib.com/story/2022/8/23/235648/682

Solar IS Civil Defense
by gmoke on Tue Sep 6th, 2022 at 05:52:47 PM EST
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I've been asking my sources if there's a sense of urgency to insulate everything that needs it and to promote energy efficiency and conservation in the EU as a response to the present carbon/energy way in the Ukraine.  The answer I get  seems to be materials and skilled labor have a year or so lag time and there doesn't seem to be great urgency because of that.

Solar IS Civil Defense
by gmoke on Tue Sep 6th, 2022 at 07:54:07 PM EST
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I finally read IPCC | Climate Change 2022: Mitigation of Climate Change. Illustrated scenario modeling galore. Consequently, I even looked for a live carbon capture demonstrations—the oldest, largest reservoir is the Sleipner CO2 Storage Site in Norway (10-year data).

This was weeks before the RUSSIAN war of aggression that precipitate the EU Russian gas "embargo". 7 months of qual and quant data is in the can.

How did EU27 prepare constituencies for a functional "just transition" to renewable fuel consumption?
(optional: drought, controlled demand destruction, emergency)

What improvements to design can EU27 affect to achieve least cost, greatest good scale efficiencies and one objective?

by Cat on Tue Sep 6th, 2022 at 08:53:48 PM EST
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by Cat on Tue Sep 6th, 2022 at 11:30:44 PM EST
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breugel | A grand bargain to steer through the European Union's energy crisis, 6 Sep
The current crisis looks set to leave behind it a radically different system, but what that system will look like remains an open question
synergy?
four broad principles: (i) all countries bringing forward every available supply-side flexibility, (ii) all countries making comprehensive efforts to reduce demand, (iii) a political committing to maintain energy markets and cross-border flows, (iv) compensation for the most vulnerable consumers. This grand bargain can be the first step on a new course towards united energy policy at EU level. ...
by Cat on Wed Sep 7th, 2022 at 02:03:14 AM EST
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[TRUE] ... could undermine the goals of calming energy markets over the next 18 months and achieving ambitious decarbonisation targets. At the basis of the crisis is a post-COVID-19 global energy imbalance. While demand bounced back quickly as economies re-opened, supply did not. A particular challenge is that the reducing supply of fossil fuels in line with climate targets has not been matched by a commensurate reduction of fossil-fuel demand. 

[FALSE] ... Russian manipulation of European natural gas markets since summer 2021, exploiting its significant market power, has deepened the crisis.

US Congress from the Kyiv coup d'état in 2014 forward put sanctions on Russia in place and did everything possible to stop an European consortium to build Nord Stream 2. Even after Biden agreed with Chancellor Merkel the pipeline could be finished (June 2021) after a two year delay❗️the German government did not certify the exploitation due to a new EU law put in place by a terrified EP in Strasbourg ... or is it Brussels? It is all Europe's undoing ... don't do stupid things [quote president Obama 😂].

Biden launched a very successful Blitzkrieg this year and destroyed Europe as an economic community. Let the Socialists die ...

'Sapere aude'

by Oui (Oui) on Wed Sep 7th, 2022 at 01:10:09 PM EST
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Exergy is not often mentioned just as "full cost accounting," which would include all externalities within an economic measurement of a product or service, is not often mentioned in traditional economics.

Full cost accounting is rarely mentioned in traditional economics (including the neoliberal and socialism-lite schools that inform our political decisions) because it is a political minefield and would show our sustainability models to be sick jokes.  I suspect something similar is the case with exergy.

by rifek on Tue Sep 6th, 2022 at 07:35:08 PM EST
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My favorite is single-entry GAAP -- all expense, no income.
by Cat on Tue Sep 6th, 2022 at 08:56:00 PM EST
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"We lose money on every sale but make up for it in volume."
by rifek on Wed Sep 7th, 2022 at 12:48:27 PM EST
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Don't forget the "good will."  The good will accrued is enormously profitable (just not monetarily)!

Solar IS Civil Defense
by gmoke on Wed Sep 7th, 2022 at 09:20:41 PM EST
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It's a niche, but there is an industry ramping up to recover "énergie fatale" (it sounds so much better in French) in industrial installations, to generate electricity. Works quite nicely, for example, in gas pumping stations (transport and filling storage).

It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II
by eurogreen on Mon Sep 12th, 2022 at 01:24:45 PM EST
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