An alternative development is attempted of the concept of exergy or availab
ility by introducing the idea that exergy represents an abstract thermodyna
mic metric that, essentially, quantifies the distance from the state of equ
ilibrium with respect to a given reference value. Traditional and textbook
approaches usually develop exergy as a system's potential to do reversible
work. Usually, combining the balance of energy and entropy equations makes
it possible to construct a corresponding balance of exergy and to use its d
efinition to interpret the resulting terms. In contrast, the essential elem
ents presented deal with the mathematical property of concavity of the entr
opy as the essence of the second law and how this property translates into
a geometric complementarity relation between entropy and exergy. The balanc
e of exergy equation is presented as an expression representing the corresp
onding convexity of the exergy, again demonstrating a mathematical property
intrinsic to the second law.