The term Exergy was used for the first time by Rant in 1956, and refers to the Greek words ex (external) and ergos (work). Another term describing the same is Available Energy or simply Availability. The term Exergy also relates to Ideal Work as will be explained later, and Exergy Losses relate to Lost Work.

from:

http://www.ivt.ntnu.no/ept/fag/tep4120/innhold/Exergy%20Light%20Version%203.pdf

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