The growing concern about the limited reserves of fossil fuels has led research efforts in the energy field on increasing thermodynamic efficiency of energy conversion systems. Although the operation of renewable power plants avoids direct depletion of fossil fuels, literature points out that both direct and indirect contributions to primary fossil fuel depletion occur in every phase of the system life cycle (LC). In this perspective, a fair and meaningful thermodynamic performance evaluation and optimization process should take into account such primary fossil fuel depletion. Boundaries of traditional methods such as Thermoeconomic Input Output analysis (TIOA) are limited to the considered system, neglecting the additional consumptions du...