British Library Electronic Table of Contents (United Kingdom)

In the emerging restructured power system, the congestion management (CM) has become extremely important in order to ensure the security and reliability of the system. In addition to this, lack of CM can impose a hindrance in electricity trading. This paper presents a novel, growing radial basis function neural network (GRBFNN)-based approach for CM. For achieving CM, Nodal congestion price (NCP) forecasting is performed in real time competitive power market. NCP forecasting is an effective way of price-based preventive CM as it directly indicates the presence as well as the severity of the congestion in the system. In present paper, GRBFNN has been developed for NCP forecasting dividing the whole power system into various congestion zones. An unsupervised learning vector quantization (VQ)...

International Nuclear Information System (INIS)

The congestion cost caused by transmission capacities and voltage limit is an important issue in a competitive electricity market. To allocate the congestion cost equitably, the active constraints in a constrained dispatch and the sequence of these constraints should be considered. A multi-stage method is proposed which reflects the effects of both the active constraints and the sequence. In a multi-stage method, the types of congestion are analysed in order to consider the sequence, and the relationship between congestion and the active constraints is derived in a mathematical way. The case study shows that the proposed method can give more accurate and equitable signals to customers. (Author)

UK PubMed Central (United Kingdom)

Congestive heart failure (CHF) is a leading cause of morbidity and mortality. CHF is marked by atrial and ventricular enlargement and reduced cardiac contractility, as well as an association...Full Text Available

Science.gov (United States)

Dec 15, 2010 ... If applicable to the agreement, that the market based pricing ...... reduce the price in order to comply with market-based pricing, ...

Science.gov (United States)

However, market based pricing doses not apply where the pricing .... the reimbursable work, market based pricing does not apply. 040202. ...

Energy Technology Data Exchange (ETDEWEB)

Sub sea pipeline construction at oil and gas fields, with high concentration of on-bottom facilities, becomes more difficult when mooring operations and pipeline approach to a congested platform have to be performed. One method that has often been applied in Brazil is the so-called 'DP (Dynamic Positioning) pull-in', where PETROBRAS owned pipelay Barge, BGL-1, is moored away from the congested area, while a DP anchor handler pulls the rigid pipeline from BGL-1 to a target near the platform. The method was conceived to avoid mooring operations near the congested platforms as well as to minimize risks due to the pipeline initiation process. Inside the congested area the initiation with aid of a 'dead-man' anchor on the sea bottom, which would be a more conventional solution, becomes impossible in most cases. This paper will discuss the engineering work required to ...

International Nuclear Information System (INIS)

Many countries are liberalizing their energy markets. Participants in these markets are exposed to market risk due to the characteristics of electricity price dynamics. Electricity prices are known to be mean-reverting very volatile and subject to frequent spikes. Models that describe the dynamics of electricity prices should incorporate these characteristics. In order to capture the price spikes, many researchers have introduced stochastic jump processes, but we argue and show that this specification might lead to potential problems with specifying the true amount of mean-reversion within the process. In this paper, we propose a regime-switching model that models price spikes separated from normal mean-reverting prices.

Energy Technology Data Exchange (ETDEWEB)

Pionier-I is a vertical axis wind turbine (VAWT) of the Darrieus-type with a diameter of 15 m. In the month of September 1983 performance and efficiency were measured. Measurements were done with constant rotational speed and with constant tip speed ratio. For the calculation of the possible (theoretical) output of electric power an anemometer was present. Measurement results are conditioned to one digital signal and processed by a microcomputer (Apple II). It becomes evident that the yearly energy output of the Pionier-I is quite well comparable with that of a horizontal axis turbine with the same diameter.

International Nuclear Information System (INIS)

The electricity sector is Canada's largest single source of greenhouse gas (GHG) emissions. This paper discussed electricity and carbon pricing approaches to reducing GHG emissions in the electricity sector. An overview of the links between electricity pricing and climate change was presented, and current and emerging trends in electricity pricing related to encouraging energy conservation were reviewed. Market prices and failures were discussed. Approaches to pricing electricity included an increase in block prices; time-of-use prices; demand-side management and energy efficiency; and carbon pricing in Canada and electricity pricing signals. The study showed that several provincial utilities in Canada are experimenting with market-based pricing approaches for electricity and ...

International Nuclear Information System (INIS)

This paper shows that a stochastic regime-switching model can represent the volatile behavior of wholesale electricity prices associated with price spikes effectively. The structure of the model is very flexible because the mean prices in the two regimes and the two transition probabilities are functions of the load and/or the implicit reserve margin. Using price data from the single settlement market in PJM (May 1999 to May 2000), the results show that the estimated switching probability from the low to the high regime predicts price spikes well if the reserve margin is measured accurately.

Science.gov (United States)

Market based pricing only applies to the extent it is consistent with these other requirements. For example: .... work, market based pricing does not apply. ...

CSIR Research Space (South Africa)

Full Text Available

International Nuclear Information System (INIS)

Ultraviolet (UV) upconversion (UC) luminescence in Yb3+/Er3+-codoped yttrium oxide (Y2O3) nanocrystals can be enhanced by orders of magnitude via tridoping further with Li+ ions under diode laser excitation of 970 nm. Sensitized three-photon UC radiations at 390 and 409 nm, corresponding to the 4G11/2?4I15/2 and 4H9/2?4I15/2 of Er3+ ions, respectively, present an enhancement time of about 33 times, which is larger than the 24 times enhancement for the UC green radiation. The UV UC radiation at 320 nm that corresponds to the 2P3/2?4I15/2 of Er3+ ions has also been greatly enhanced. Theoretical calculations interpret that all the observed enhancement times of UV UC radiations arise from the prolonged lifetimes of their intermediate states.

International Nuclear Information System (INIS)

Studies that estimate deficit probabilities in hydrothermal systems have generally ignored the response of demand to changing prices, in the belief that such response is largely irrelevant. We show that ignoring the response of demand to prices can lead to substantial over or under estimation of the probability of an energy deficit. To make our point we present an estimation of deficit probabilities in Chile's Central Interconnected System between 2006 and 2010. This period is characterized by tight supply, fast consumption growth and rising electricity prices. When the response of demand to rising prices is acknowledged, forecasted deficit probabilities and marginal costs are shown to be substantially lower. (author)

British Library Electronic Table of Contents (United Kingdom)

In this study, the authors evaluated how much price changes in food and energy - two basic living expenditures competing for consumers' budgets - would affect consumer welfare. We first estimated a US complete demand system to quantify the interdependent demand relationships among 11 categories of consumption expenditures. Among the estimates, the own price elasticities of both food and energy are relatively inelastic, a finding that explains the dynamics of the recent soaring food and energy prices. The estimated demand elasticities were then incorporated into the measurement of Hicksian compensating variation to analyse the consumer welfare effects of price changes in food and energy. The results indicated that an increase in food and energy prices would increase compensated expenditures...

Energy Technology Data Exchange (ETDEWEB)

As network bandwidth continues to grow and longer paths are used to exchange large scientific data between storage systems and GRID computation, it has become increasingly obvious that there is a need to deploy a packet drop avoidance mechanism into network transmission protocols. Current end-to-end congestion avoidance mechanisms used in Transmission Control Protocol (TCP) have worked well on low bandwidth delay product networks, but with newer high-bandwidth delay networks they have shown to be inefficient and prone to unstable. This is largely due to increased network bandwidth coupled with changes in internet traffic patterns. These changes come from a variety of new network applications that are being developed to take advantage of the increased network bandwidth. This paper will examine the end-to-end congestion avoidance mechanism and perform a step-by-step analysis of its theory. In addition we will propose an alternative approach ...

Energy Technology Data Exchange (ETDEWEB)

The popularity of UAVs has increased dramatically because of their successful deployment in military operations, their ability to preserve human life, and the continual improvements in wireless communication that serves to increase their capabilities. We believe the usefulness of UAVs would be dramatically increased if formation flight were added to the list of capabilities. Currently, sustained formation flight with a cluster of UAVs has only been achieved with two nodes by the Multi-UAV Testbed at the Massachusetts Institute of Technology. (Park, 2004) Formation flight is a complex operation requiring the ability to adjust the flight patterns on the fly and correct for wind gusts, terrain, and differences in node equipment. All of which increases the amount of inner node communication. Since one of the problems with MANET communication is network congestion, we believe a first step towards formation flight can be made through improved inner node communication. We ...

Energy Technology Data Exchange (ETDEWEB)

Non-linear autoregressive Markov regime-switching models are intuitive. Time-series approaches for the modelling of electricity spot prices are frequently proposed. In this paper, such models are compared with an ordinary linear autoregressive model with regard to their forecast performances. The study is carried out using German daily spot-prices from the European Energy Exchange in Leipzig. Four non-linear models are used for the forecast study. The results of the study suggest that Markov regime-switching models provide better forecasts than linear models. (author)

Energy Technology Data Exchange (ETDEWEB)

The energy price volatility model suggests that some of the proposed natural gas programs can contribute to energy price stability. The sector most vulnerable to fuel price variations is, of course, the transportation sector. The most effective strategy to achieve energy pace stability is to reduce petroleum consumption in this sector. The natural gas vehicle program is therefore recommended as potentially important and worthy of further consideration. At this point, distinguishing the merits of various subprograms is not feasible. This result farther supports the conclusion that the DOE`s energy R&D portfolio is not efficiently balanced and an increase in oil and gas research should be a high priority. The DOE has responded favorably and has significantly increased its proposed research with the explicit objective of displacing oil in the transportation sector. The enhanced research and development program for energy ...

CERN Document Server

Involving effects of media, opinion leader and other agents on the opinion of individuals of market society, a trader based model is developed and utilized to simulate price via supply and demand. Pronounced effects are considered with several weights and some personal differences between traders are taken into account. Resulting time series and probabilty distribution function involving a power law for price come out similar to the real ones.

Energy Technology Data Exchange (ETDEWEB)

To many, recent developments in electric markets are perplexing. Competition has appeared, often in the form of new players who do not own and operate generation or transmission facilities. Yet, these players happily enter into contracts obliging them to make or take delivery of power at set prices for months or even years into the future. They seem unconcerned about predicted capacity shortages, fuel price uncertainty or unpredictable plant outages. For the most part, these new players understand these risks quite well. They simply believe in the efficacy of markets. Until recently, price ensured recovery of cost. They foresee a true market where price makes supply equal demand and cost is not a factor in the short term at least. The appearance of such players is an augury of the new industry structure, one in which specialists in taking and managing distinct business risks evolve from within or enter ...

CERN Document Server

Context. The I(15.01 A)/I(16.78 A) emission line intensity ratio in Fe XVII has been reported to deviate from its theoretical value in solar and stellar X-ray spectra. This is attributed to opacity in the 15.01 A line, leading to a reduction in its intensity, and was interpreted in terms of a geometry in which the emitters and absorbers are spatially distinct. Aims. We study the I(15.01 A)/I(16.78 A) intensity ratio for the active cool dwarf EV Lac, in both flare and quiescent spectra. Methods. The observations were obtained with the Reflection Grating Spectrometer on the XMM-Newton satellite. The emission measure distribution versus temperature reconstruction technique is used for our analysis. Results. We find that the 15.01 A line exhibits a significant enhancement in intensity over the optically thin value. To our knowledge, this is the first time that such an enhancement has been detected on such a ...

Energy Technology Data Exchange (ETDEWEB)

In a future power system with a high proportion of distributed and intermittent generation, it will be difficult and costly to ensure short-term security of supply if demand is unable to react to fluctuations on the supply side. At present, most power consumers in the EU, with the exception of the largest consumers such as energy intensive industries, buy their power on fixed tariffs. Fixed tariffs provide no incentives for consumers to alter their patterns of power consumption. This calls for more interaction between the supply and demand sides, which in turn would allow better matching of demand to intermittent supply. The development of cheap and reliable electronic communication technologies has made this a realistic option, so we are left with the general question of how the demand side can become more active in the future power market. Liberalisation of the wholesale power markets has introduced market-based pricing for the marginal electricity supply. ...

Energy Technology Data Exchange (ETDEWEB)

Modern scientific computing involves organizing, moving, visualizing, and analyzing massive amounts of data from around the world, as well as employing large-scale computation. The distributed systems that solve large-scale problems will always involve aggregating and scheduling many resources. Data must be located and staged, cache and network capacity must be available at the same time as computing capacity, etc. Every aspect of such a system is dynamic: locating and scheduling resources, adapting running application systems to availability and congestion in the middleware and infrastructure, responding to human interaction, etc. The technologies, the middleware services, and the architectures that are used to build useful high-speed, wide area distributed systems, constitute the field of data intensive computing. This paper explores some of the history and future directions of that field.

Energy Technology Data Exchange (ETDEWEB)

Restructuring of power system has changed the traditional planning objectives and introduced challenges in the field of Transmission Expansion Planning (TEP). Due to these changes, new approaches and criteria are needed for transmission planning in deregulated environment. Therefore, in this paper, a dynamic expansion methodology is presented using a multi-objective optimization framework. Investment cost, congestion cost and reliability are considered in the optimization as three objectives. To overcome the difficulties in solving the non-convex and mixed integer nature of the optimization problems, a Non-Dominated Sorting Genetic Algorithm (NSGA II) approach is used followed by a fuzzy decision making analysis to obtain the final optimal solution. The planning methodology has been demonstrated on the IEEE 24-bus test system and north-east of Iran national 400 kV transmission grid to show the feasibility and capabilities of the proposed algorithm in electricity ...

Energy Technology Data Exchange (ETDEWEB)

The Thai natural rubber economy is described in the context of the world rubber market. An econometric model is estimated for 15 structural equations; it includes the Thai, US, and rest-of-the-world rubber economies. Several simulation experiments are analyzed for the period from 1984 to 1995. Impact and dynamic multipliers are reported for major endogenous variables in response to changes in US GDP, world crude oil price, Thai replanting cess tax and Thai natural rubber production. A 1%, one-time increase in the US GDP has a positive effect on the Singapore natural rubber price. A world crude oil price decline shock has a negative effect in both the short-run and the long-run. The INRO buffer stock stabilization policy as well as alternative domestic Thai policies of market intervention are analyzed. The simulation results show that buffer stock management which allows a price band of +/-20% around the ...

International Nuclear Information System (INIS)

High and volatile natural gas prices have increasingly led to calls for investments in renewable energy. One line of argument is that deployment of these resources may lead to reductions in the demand for and price of natural gas. Many recent US-based modeling studies have demonstrated that this effect could provide significant consumer savings. In this article we evaluate these studies, and benchmark their findings against economic theory, other modeling results, and a limited empirical literature. We find that many uncertainties remain regarding the absolute magnitude of this effect, and that the reduction in natural gas prices may not represent an increase in aggregate economic wealth. Nonetheless, we conclude that many of the studies of the impact of renewable energy on natural gas prices appear to have represented this effect within reason, given current knowledge. These studies specifically ...

British Library Electronic Table of Contents (United Kingdom)

This paper introduces a new way of estimating parameters in a Brownian motion regime switching asset model to incorporate volatility clustering. The regime switching model is then applied to pricing of up-and-in barrier call options. We take the probability of crossing the barrier between simulation points into account, and we increase accuracy in simulations by importance sampling. The regime switching model is compared to the Normal Inverse Gaussian model and the traditional Black-Scholes model, and option prices from the regime switching model are compared to the closed form expression of up-and-in barrier calls in a Black-Scholes market.

Energy Technology Data Exchange (ETDEWEB)

A 1976 decision of the US Supreme Court made it clear that the Federal Energy Regulatory Commission (then the Federal Power Commission) has a responsibility to consider and determine allegations that proposed wholesale electric rates create a price squeeze against customers who compete with the wholesaler in making retail electric sales. This article reviews how the commission has approached the matter of discharging its newly recognized responsibility since that time, and describes its current position regarding the several issues and questions that price squeeze allegations raise. 35 references.

International Nuclear Information System (INIS)

The book tries about the International and national aspects, natural gas situation, production, consumption, prices, demand projection, energetic plans, norms and laws of the natural gas in Colombia

International Nuclear Information System (INIS)

The European Union Emissions Trading Scheme (EU ETS) has imposed a price on the allowances for CO2 emissions of electricity companies. Integrating this allowance price into the price of electricity earns a rent for companies who have received these allowances for free. During Phase I, 2005-2007, rents corresponding to the aggregate value of allocated allowances amounted to roughly Euro 13 billion per year. However, due to the specific price-setting mechanism in electricity markets true rents were considerably higher. This is due to the fact that companies also that have not received any allowances gain additional infra-marginal rents to the extent that their variable costs are below the new market price after inclusion of the allowance price. Producers with low carbon emissions and low marginal costs thus also benefit substantially from carbon ...

Science.gov (United States)

Sep 1, 2011 ... We find that since 2003, recent mining deforestation in Madre de Dios, Peru is increasing nonlinearly alongside a constant annual rate of ...

Science.gov (United States)

Background: Determinants of warfarin use and anticoagulation levels in atrial fibrillation (AF) patients have not been clarified thoroughly. Methods and Results: A total of 6,324 patients with non-valvular AF and congestive heart failure, hypertension, age, diabetes, prior stroke (CHADS(2)) score ?1 were used to investigate determinants of warfarin use, and 6,932 patients with AF receiving warfarin were used to investigate determinants of international normalized ratio (INR) of prothrombin time. Target INR levels for non-valvular AF patients were 1.6-2.6 for patients aged ?70 years and 2-3 for patients aged transient ischemic attack (TIA), and had higher CHADS(2) scores than those not receiving warfarin. Determinants of warfarin use were age (?60 years), AF type (persistent and permanent), and comorbidities (congestive heart failure, diabetes mellitus, and prior stroke or TIA). Use of antiplatelet drugs was a negative determinant of warfarin ...

Energy Technology Data Exchange (ETDEWEB)

As competition dramatically reshapes power markets, electric utilities strive to increase flexibility in their commitments and limit exposure to market risks. This paper provides an overview of a promising tool called option valuation which is useful for analyzing and managing risks. The paper demonstrates an application of these techniques for developing new pricing products tailored to meet customers` risk preference.

CERN Document Server

Reputation and recommendation systems are fundamental for the formation of community market places. Yet, they are easy targets for attacks which disturb a market's equilibrium and are often based on cheap pseudonyms used to submit ratings. We present a method to price ratings using trusted computing, based on pseudonymous tickets.

Energy Technology Data Exchange (ETDEWEB)

This paper analyses the complex, non-linear effects of spot price drivers in wholesale electricity markets: their intra-day dynamics and transient irregularities. The context is the UK market, after the reforms introduced in March 2001, analysed with an original set of price drivers reflecting economic, technical, strategic, risk, behavioural and market design effects. Models are estimated separately as daily time-series of the 48 half-hourly trading periods. All coefficients exhibit substantial intra-day variation, relating to the heterogeneity of operating plants and market design aspects. This reveals a market responding to economic fundamentals and plant operating properties, with learning and emergent financial characteristics, as well as some strategic manipulation of capacity, most effectively exercised by the more flexible plants. Using regime-switching parameters, the effects of capacity margin and inter-day capacity adjustment are ...

Energy Technology Data Exchange (ETDEWEB)

One purpose of this article is to alert state utility commissions involved in restructuring electric utilities to pay special attention to proposals that would fragment the utility's billing and metering (B and M) operations. Such fragmentation would essentially foreclose an important future option for handling all levels of retail deregulation. A fusing of B and M could become the linchpin for transitioning retail electricity from its present cost-based fixed rates to a market-based pricing regime fully exploiting the high economic efficiencies that are characteristic of most commodity pricing regimes. Realizing such economic efficiencies requires self enforcing economic discipline that makes and keeps retail pricing of electricity responsive to: imbalances in supply and demand (S and D), tensions between potential customers and competing suppliers, the need to meet a return-on-investment (ROI) objective, and the ...

International Nuclear Information System (INIS)

The Environmental Kuznets Curve (EKC) hypothesis states that pollution levels increase as a country develops, but begin to decrease as rising incomes pass beyond a turning point. In EKC analyses, the relationship between environmental degradation and income is usually expressed as a quadratic function with the turning point occurring at a maximum pollution level. Other explanatory variables have been included in these models, but income regularly has had the most significant effect on indicators of environmental quality. One variable consistently omitted in these relationships is the price of energy. This paper analyzes previous models to illustrate the importance of prices in these models and then includes prices in an econometric EKC framework testing energy/income and CO_2/income relationships. These long-run price/income models find that income is no longer the most relevant indicator of ...

Energy Technology Data Exchange (ETDEWEB)

Sweden is facing a re-structured electricity market beginning January 1, 1996, implying full competition in the purchasing and selling of electricity. The transmission and distribution of electricity will remain as a franchised monopoly and this business has to be strictly separated from the electricity trading. In the monopolistic environment, pricing of electricity has been based on more or less relevant costs and a resonable rate of return. The energy charges have reflected the system short range marginal costs while the demand and fixed charges have been adapted to give a total cost level corresponding to the system average cost. Tariffs of this type, known as time-of-use tariffs, have stimulated peak shaving during peak load (high cost hours) and valley filling during low load (low cost hours), increasing the load factor. Restructuring will influence the pricing in several ways. Pricing of transmission and distribution ...

CERN Document Server

Microstructure of market dynamics is studied through analysis of tick price data. Linear trend is introduced as a tool for such analysis. Trend arbitrage inequality is developed and tested. The inequality sets limiting relationship between trend, bid-ask spread, market reaction and average update frequency of price information. Average time of market reaction is measured from market data. This parameter is interpreted as a constant value of the stock exchange and is attributed to the latency of exchange reaction to actions of traders. This latency and cost of trade are shown to be the main limit of bid-ask spread. Data analysis also suggests some relationships between trend, bid-ask spread and average frequency of price update process.

British Library Electronic Table of Contents (United Kingdom)

Negotiation is the most famous tool for reaching an agreement between parties. Usually, the different parties can be modeled as a buyer and a seller, who negotiate about the price of a given item. In most cases, the parties have incomplete information about one another, but they can invest money and efforts in order to acquire information about each other. This leads to the question of how much each party will be willing to invest on information about its opponent, prior to the negotiation process. In this paper, we consider the profitability of automated negotiators acquiring information on their opponents. In our model, a buyer and a seller negotiate on the price of a given item. Time is costly, and incomplete information exists about the reservation price of both parties. The reservatio...

Energy Technology Data Exchange (ETDEWEB)

This paper focuses upon the workings of the electricity pool of England and Wales. Created as a generators` pool, with the twin objectives of preserving order-of-merit dispatch and setting marginal-cost pricing signals, it is now evident that the system may not provide an efficient market-clearing mechanism from the consumers` perspective. Thus, over the five years since its inception, there have been repeated calls to incorporate more explicitly demand-side pricing signals into the process. A number of official reviews and various consultants have looked at the issue and there have been trial periods of active demand-side bidding. This paper reviews that experience to date.

Energy Technology Data Exchange (ETDEWEB)

This study estimates the electricity demand function for the residential sector of South Korea with the aim of examining the effects of improved energy efficiency, structural factors and household lifestyles on electricity consumption. In the study, time series data for the period from 1973 to 2007 is used in a structural time series model to estimate the long-term price and income elasticities and annual growth of underlying energy demand trend (UEDT) at the end of the estimation period. The result shows a long-term income elasticity of 1.33 and a long-term price elasticity of -0.27% with -0.93% as the percentage growth of UEDT at the end of the estimation period. This result suggests that, in order to encourage energy efficiency in the residential sector, the government should complement the market based pricing policies with non-market policies such as minimum energy efficiency standards and public enlightenment.

Energy Technology Data Exchange (ETDEWEB)

This paper develops optimal bidding strategies for a pumped-storage plant in a pool-based electricity market. In the competitive regime, when compared to simple hydroelectric generator, profit of the pumped-storage plant is maximized by operating it as a generator when market clearing price is high and as a pump when the price is low. Based on forecasted hourly market clearing price, a multistage looping algorithm to maximize the profit of a pumped-storage plant is developed, considering both the spinning and non-spinning reserve bids and meeting the technical operating constraints of the plant. The proposed model is adaptive for the nonlinear three-dimensional relationship between the power produced, the energy stored, and the head of the associated reservoir. Different operating cycles for a realistic pumped-storage plant are considered and simulation results are reported and compared. (author)

Environmental Research Database

ObjectivesThe overall objective is to establish rigorous and verified means of deploying FACTS devices as damping controllers so that stability limits of a congested grid can be expanded, with confidence, toward to the thermal limits. A key to this is to ensure that damping of oscillatory modes of the system are robust to the acknowledged variations of the system.~%~~%~The goals are:~%~~%~a) to apply model order reduction techniques to realistic grid systems and verify modes are adequately expressed,~%~~% [continued...]DescriptionTraditionally, the phenomena of inter-area oscillation between generation groups, e.g. England and Scotland, has been avoided through operating point constraints on tie-lines and acceptance of operation at less than thermal capacity. The need to support long distance trading makes such constraints unacceptable. Stability problems can be solved dynamically, rather than avoided through ...

International Nuclear Information System (INIS)

Full text.Lead is a toxic heavy metal. Nevertheless, it has been mined and used for more than 800 years. Among the different contemporary sources of lead pollution, emissions from the combustion of leaded gasoline is of particular concern, as it can constitutes more than 90 percent of total lead emissions into the atmosphere in congested urban areas. Concentrations of lead in air and blood are strongly correlated with gasoline lead content and traffic volume. As a result of the increasing awareness about the dangers of lead to human health and the measures to manage urban air pollution, the use of leaded gasoline has been decreasing worldwide. In Lebanon, in the absence of policies to reduce the use of lead in gasoline or to favor the use of unleaded gasoline, leaded gasoline is the predominant grade. The objective of this research work is to analyze the current status of gasoline, and to assess the feasibility and prospect of such action. For this purpose, ...

Energy Technology Data Exchange (ETDEWEB)

Independent power producers (IPPs) have had open access to existing power systems ever since the electric power industry was restructured and deregulated. IPPs are small-scale, distributed, and independently operated. Introducing an IPP to the power system can be beneficial to the existing power system because it can increase the security margin or reduce production cost and environmental pollution. The disadvantage is that some IPPs are not subject to dispatch control, consequently, they may reduce the network security. Often IPPs use co-generation, small-scale hydro, even fuel cells or other types of renewable energy sources. An evaluation of IPPs impact on an existing utility power system was determined in a modified IEEE 14 bus system. The total generating cost, environmental impact, transmission line margin, voltage profile, network congestion, security and other power quality measures were evaluated. It was concluded that on balance, an IPP improves the ...

Science.gov (United States)

The aim was to assess options and cost of reducing emissions of greenhouse gases (with emphasis on carbon dioxide) from human activity in Zimbabwe. A brief description of the country's economy and energy sector, policy and pricing and regulations is given...

Wastenet

...page 50 results per page [1] 2 3 Products: 27 Page 1 of 3 Name List price Handbook of Structural Steel Connection Design and Details, 2nd Edition AU$186.36 ex-GST Terms ...

International Nuclear Information System (INIS)

This conference was attended by decision makers throughout the supply chain in the natural gas industry who face the continuing challenges of changes in market mechanisms, pricing options, and transmission alternatives. It provided an opportunity to review issues affecting producers, shippers, marketers, and end-users in an environment of tight energy markets and high, inelastic demand. The constraints on adequate energy supplies are influenced by economic factors, current and future resources, materials, equipment, skilled labour, technology and financial capital. The 8 sessions of the conference dealt with the tight North American gas supply; the slow development of new supplies; resource access issues, including politics and supply security; the geopolitics of natural gas; impacts of high prices on the North American economy; energy industry impacts of high natural gas prices; domestic politics and high natural gas ...

Energy Technology Data Exchange (ETDEWEB)

The Monthly Energy Review provides an overview of the production, distribution, and consumption of energy derived from petroleum natural gas, coal, electricity, and nuclear energy. It also discusses oil and gas resource development, energy prices, and issues relevant to international energy markets.

British Library Electronic Table of Contents (United Kingdom)

We investigate the default time of a firm when a stochastic discount factor is used so that both diffusion and regime switching risks are priced. We establish the relationship between the probability distribution of the default time and the solution of a system of coupled partial differential equations.

CERN Document Server

To investigate the universality of the structure of interactions in different markets, we analyze the cross-correlation matrix ${\\mathbf C}$ of stock price fluctuations in the National Stock Exchange (NSE) of India. We find that this {\\em emerging} market exhibits strong correlations in the movement of stock prices compared to {\\em developed} markets, such as the New York Stock Exchange (NYSE). This is shown to be due to the dominant influence of a common market mode on the stock prices. By comparison, interactions between related stocks, e.g., those belonging to the same business sector, are much weaker. This lack of distinct sector identity in emerging markets is explicitly shown by reconstructing the network of mutually interacting stocks. Spectral analysis of ${\\mathbf C}$ for NSE reveals that, the few largest eigenvalues deviate from the bulk of the spectrum predicted by random matrix theory, but they are far fewer ...

Wastenet

... stock code: BOXmixed description: blue skies x 3, sunflower x 3, lupins x 2, meadow x 2, pencils x 2, fishy x 2, poppy field x 2, Recycle x 2, Yummy x 2 Introductory Offer price: 𧵎.00 per box, plus delivery normal price 𧵘 UK only Poppy field box add to basket ... Lupins box add to basket Lavender box add to basket Sunflower box add to basket Blue skies box add to basket Meadow box add to basket Floral box add to basket Mixed box add to basket ...

Energy Technology Data Exchange (ETDEWEB)

This article addresses the possibility that electric utilities may not have enough generating capacity to meet the demands on their systems at some future date as a result of a recent spate of plant-construction cancellations, especially of nuclear facilities. It emphasizes that, when that time arrives, utilities will be willing to try every conceivable possibility for preserving the integrity of their systems, and offers differential pricing of electricity as one such possibility. The article also offers a regional analysis of the effect of plant cancellations and of the potential for differential pricing as a preventative of power shortages. 5 tables.

CERN Document Server

The paper develops a new class of financial market models. These models are based on generalized telegraph processes: Markov random flows with alternating velocities and jumps occurring when the velocities are switching. While such markets may admit an arbitrage opportunity, the model under consideration is arbitrage-free and complete if directions of jumps in stock prices are in a certain correspondence with their velocity and interest rate behaviour. An analog of the Black-Scholes fundamental differential equation is derived, but, in contrast with the Black-Scholes model, this equation is hyperbolic. Explicit formulas for prices of European options are obtained using perfect and quantile hedging.

Energy Technology Data Exchange (ETDEWEB)

We consider energy investment, when a choice has to be made between fossil fuel and biomass fired production technologies. A dynamic model is presented to illustrate the effect of the different degrees of input price uncertainty on the choice of technology and the timing of the investment. It is shown that when the choice of technology is irreversible, it may be optimal to postpone the investment even if it would otherwise be optimal to invest in one or both of the plant types. We provide a numerical example based on cost, estimates of two different power plant types. (author)

Energy Technology Data Exchange (ETDEWEB)

Energy productivity and energy intensity within the industrial sector of the economy are examined. Results suggest that relative prices and other economic factors can explain much of the variation in both energy productivity and energy intensity for manufacturing and mining and for the industrial sector as a whole. Cyclical factors, seasonal factors and trend variables are also useful in explaining variation in these data, both for annual and monthly time series. Of the variables examined, it appears that the relative price of energy is a highly significant factor in accounting for the difference between actual industrial energy intensity and that which might have been expected had pre-1973 trends continued.

British Library Electronic Table of Contents (United Kingdom)

This paper studies the pricing of variance swap derivatives with stochastic volatility by the control variate method. A closed form solution is derived for the approximate model with deterministic volatility, which plays the key role in the paper, and an efficient control variate technique is therefore proposed when the volatility obeys the log-normal process. By the analysis of moments for the underlying processes, the optimal volatility function in the approximate model is constructed. The numerical results show the high efficiency of our method; the results coincide with the theoretical results. The idea in the paper is also applicable for the valuation of other types of variance swap, options with stochastic volatility and other financial derivatives with multi-factor models.

Energy Technology Data Exchange (ETDEWEB)

The coal transportation industry has played an integral role in determining coal markets, particularly in recent years, as the industry has evolved from cost-based pricing to market-based pricing. Aggressive pricing by Western rail carriers has caused extensive changes in coal marketing patterns in the Midwest. Multi-modal barge deliveries of Western and Appalachian coals have also played a significant, though lesser, role in changing coal markets. Eastern rail carriers have generally lagged in their aggressive pursuit of new coal markets and, to date, few changes in coal markets have been realised. The historic dominant role of transportation in shaping markets for coal will continue into the future as the utility industry contends with the effects of CAAA compliance and deregulation and as the coal industry contends with regional coal displacements and major imbalances in supply and demand. The dominance of rail ...

International Nuclear Information System (INIS)

Gross electricity production in 1993 in the OECD (including generation from pumped storage plants) was 7 466 TWh, a rise of 1.2 per cent from the level of gross production in 1992 (Tables 1 and 3). Nuclear plants accounted for 24.2 per cent of total gross electricity production in 1993, hydroelectric plants 16.7 per cent, total thermal plants 58.7 per cent and geothermal and other renewables 0.4 per cent. In 1992 total OECD heat production that is sold to third parties by public producers was 25 Mtoe (Table 6). About 86 per cent of this heat (21.6 Mtoe) was produced in CHP plants, about 12 per cent (3.1 Mtoe) in heat plants, and the remainder (0.3 Mtoe) in nuclear power plants (in Canada and Switzerland only). Based on preliminary data, apparent consumption of electricity (gross production plus imports less exports) in 1993 in OECD was 7 474 TWh. The corresponding figure for 1992 was 7 379 TWh, indicating a rise of 1.3 per cent in apparent electricity consumption in OECD countries in ...

Energy Technology Data Exchange (ETDEWEB)

Toyota's introduction of a hybrid electric vehicle (HEV) named ''Prius'' in Japan and Honda's proposed introduction of an HEV in the United States have generated considerable interest in the long-term viability of such fuel-efficient vehicles. A performance and cost projection model developed entirely at Argonne National Laboratory (ANL) is used here to estimate costs. ANL staff developed fuel economy estimates by extending conventional vehicle (CV) modeling done primarily under the National Cooperative Highway Research Program. Together, these estimates are employed to analyze dollar costs vs. benefits of two of many possible HEV technologies. We project incremental costs and fuel savings for a Prius-type low-performance hybrid (14.3 seconds zero to 60 mph acceleration, 260 time) and a higher-performance ''mild'' hybrid vehicle, or MHV (11 seconds 260 time). Each HEV is compared to a U.S. Toyota ...

Science.gov (United States)

The strategy for building SASOL plants reflects a commitment to long-range planning. The first plant, which represented a large investment for a moderate production capacity, was built to establish a technology for reducing South Africa's dependence on imported motor fuels. After the success of the plant, SASOL made plans for a larger plant, which had to be justified solely on economic grounds. At that time, petroleum crude was cheap and plentiful, and the second plant was cancelled. But when OPEC formed and the price of petroleum crude was increased, the South African government reconsidered the plans for another SASOL plant. Furthermore, because the cost of fuels produced at Sasol I proved to be significantly insensitive to inflation and future OPEC price increases were expected, SASOL projected that a new, larger plant should make a profit within a few years after its initial operation. But OPEC prices and ...

International Nuclear Information System (INIS)

In light of the recent rapid increase in the fossil fuel prices it is meaningful to evaluate the impact of these price changes in the economics of dual-purpose desalination projects producing electricity and fresh water simultaneously. The price of crude oil and LNG (Liquefied Natural Gas) has increased by about 200% and 100% during the past three or four years. The uranium price has also increased by nearly 500% during the same period. The purpose of this paper is to analyze and compare the economics of SMART (System-integrated Modular Advanced ReacTor) which is being developed as a small size PWR type and the LNG Combine Cycle coupled with MED (Multi-Effect Distillation) which are being acknowledged as promising energy sources for the future in Korea. The methods of analysis used in this paper are the lifetime leveled cost method for the power and water cost calculation and the power credit method for ...

Energy Technology Data Exchange (ETDEWEB)

Atlantic Richfield Company, together with Bechtel Group, Inc. and Combustion Engineering, have conducted a study since August 1979 for the Electric Power Research Institute to: (1) develop guidelines for the electric utility industry to assess the technical and economic applicability of coal-oil mixtures (COM) to existing fossil fuel plants, and (2) assess the market potential and cost of preparation for a commercially produced COM fuel suitable for use by electric utility entities. This report is the compilation of work done for the second task. Results from Task 1 are reported separately. Reported here is a methodology for the estimation of coal-oil mixture pricing. Components included in the pricing estimate are raw materials costs, transportation and manufacturing cost components, with capital recovery treated according to both public (utility) and private financing guidelines. A detailed base case using a specific plant size, feedstock ...

Energy Technology Data Exchange (ETDEWEB)

This presentation discussed common mechanisms for procuring wind energy in Canada. Mechanisms included renewable portfolio standards (RPSs); offsets; tax subsidies; financial subsidies; command and control mechanisms; and request for proposals (RFPs). A layered approach is required to avoid reliance on any single mechanism. RPSs require a certain minimum percentage of energy to come from renewable sources and aim to encourage the local development of renewable energy. RPSs are market-friendly and often result in the creation of tradable renewable energy credits (RECs) used for compliance purposes. RPSs work in parallel with cap and trade, baseline, and credit and carbon tax systems. RFPs target the lowest price offering, a practice which has often resulted in lower rates of return, high attrition, and a failure to attribute market prices to green attributes. It was concluded that RPSs work with a variety of policy frameworks and encourage the ...

Energy Technology Data Exchange (ETDEWEB)

The Fresnel solar collector is a promising concept to reduce the electricity cost price in solar thermal power plants. The optical performance of a Fresnel collector depends on material properties, on its geometric layout and on the level of optical accuracy that can be obtained. A variety of geometric parameters, e.g. the height of the absorber, the number, size and distance of primary mirrors in.uence the shading and blocking of rays and the amount of rays missing the absorber. To evaluate the in.uence of the parameter variation regarding the electricity cost price and to yield an optimization, the optical performance is assessed with an annual simulation based on hourly weather-data. To permit a consideration of changes in collector cost according to different geometric layouts, cost factors where allocated to geometric parameters. The paper presents the method and the simulation results of the optimization under different boundary ...

Energy Technology Data Exchange (ETDEWEB)

Assuming Cournot behavior in open loop strategies by the several sellers, an imperfectly competitive market for an exhaustible resource is studied. An equilibrium develops with the following properties: industry production declines over time, as does the present value of market price net of unit extraction cost. The degree of concentration in supply increases over time, tending toward monopoly. Larger firms earn a lower rate of return on their endowment, and perceive a smaller increment to profits from the acquisition of new stocks. Industry prices and supply paths are insensitive to a local redistribution of endowments. The relative deadweight burden of oiligopoly is small for plausible values of market parameters. 14 references.

Energy Technology Data Exchange (ETDEWEB)

This paper outlines an approach to develop estimates of individual customer contestability using a combined statistical and engineering analysis. The approach is targeted for use for mid-size commercial and industrial customers who are not being considered for individual flexible pricing contracts. Contestability is defined as the potential lost revenue associated with customers leaving the utility or significantly reducing electricity purchases. Contestability is modeled from the customer`s perspective using a two-stage decision process. In the first stage, the customer decides if he will continue to purchase electricity from the utility (referred to as customer retention), and in the second stage, the customer determines the amount of electricity purchased (referred to as load retention). Measures of individual customer contestability will be key factors in developing market segments and new rate offerings in future energy markets.

International Nuclear Information System (INIS)

During the 1990's, natural gas was the energy source with the fastest rate of growth in the world energy balance. Nevertheless, recent evolutions of the energy context, in particular in terms of prices, have had a rather strong impact on the progress of the different energy sources penalizing gas a little. Beyond this competition between energies, which may increase, the medium-term perspectives of natural gas development is in keeping with an environment full of uncertainties. This article presents: the world supply and demand prospects for 2010-2015 (impact of high gas prices on other energy sources, occurrence of production constraints, political decisions of producing countries and world gas industry balance), trends on main markets (North America, Europe, Asia-Oceania), and international trade. (J.S.)

Energy Technology Data Exchange (ETDEWEB)

By analogy with the concepts of human learning, we show and introduce a new method to obtain least product cost and price that includes the effect of innovation and technological learning in manufacturing and production. This key result is a new paradigm instead of the usual economic 'power law' formulation. The new analysis is based on extensive analysis of many technological systems, and is directly related to the presence of learning as experience is accumulated. The results agree with the observed data. By using a consistent basis, the method replaces previous empirical 'power law' descriptions of the technological learning curve with a new 'marginal minimum cost equation' (MCE). (author)

International Nuclear Information System (INIS)

An attempt to develop a simple framework for financial evaluation of renewable energy technologies (RETs) such as photovoltaic (PV) pump, windmill pump, biogas and producer gas-driven dual fuel engine pumps for irrigation water pumping has been made. The unit cost of water and unit cost of useful energy delivered by the RETs have been estimated. The monetary benefits that accrued to the end-user have been quantified in terms of the amount of diesel or electricity saved. Financial figures of merit for the investments made in the RETs have been estimated. The effect of fuel price escalation on these measures of financial performance has also been evaluated along with the estimation of the break-even prices of fuels likely to be substituted by RETs. Results of some exemplifying calculations are presented and briefly discussed.

CERN Document Server

We consider the exact path sampling of the squared Bessel process and some other continuous-time Markov processes, such as the CIR model, constant elasticity of variance diffusion model, and hypergeometric diffusions, which can all be obtained from a squared Bessel process by using a change of variable, time and scale transformation, and/or change of measure. All these diffusions are broadly used in mathematical finance for modelling asset prices, market indices, and interest rates. We show how the probability distributions of a squared Bessel bridge and a squared Bessel process with or without absorption at zero are reduced to randomized gamma distributions. Moreover, for absorbing stochastic processes, we develop a new bridge sampling technique based on conditioning on the first hitting time at zero. Such an approach allows us to simplify simulation schemes. New methods are illustrated with pricing path-dependent options.

British Library Electronic Table of Contents (United Kingdom)

This study estimates the electricity demand function for the residential sector of South Korea with the aim of examining the effects of improved energy efficiency, structural factors and household lifestyles on electricity consumption. In the study, time series data for the period from 1973 to 2007 is used in a structural time series model to estimate the long-term price and income elasticities and annual growth of underlying energy demand trend (UEDT) at the end of the estimation period. The result shows a long-term income elasticity of 1.33 and a long-term price elasticity of -0.27% with -0.93% as the percentage growth of UEDT at the end of the estimation period. This result suggests that, in order to encourage energy efficiency in the residential sector, the government should complement...

British Library Electronic Table of Contents (United Kingdom)

The presence of inefficient distribution networks and supply chains of medicines creates problems in that even if African countries can secure steep, sustainable cost-containing procurements, access to needed medicines may still be impaired. The expected health benefits from affordable pricing or subsidies on prices of medicines may not be realized. This article evaluates drug supply chains in African countries and advocates for consolidated private wholesale markets and multiplicity of retail pharmacies. Public supply chains should be shortened and supported by contracting out with private distributors, including wholesalers and retail pharmacies. Additionally, drug regulatory authorities should be allowed to charge registration fees that are proportionate to the costs of technical regula...

CERN Document Server

We introduce a new formulation of asset trading games in continuous time in the framework of the game-theoretic probability established by Shafer and Vovk (2001). In our formulation, the market moves continuously but an investor trades in discrete times, which can depend on the past path of the market. We prove that an investor can essentially force that the asset price path behaves with the variation exponent exactly equal to two. Our proof is based on embedding high-frequency discrete time games into the continuous time game and the use of the Bayesian strategy of Kumon, Takemura and Takeuchi (2007b) for discrete time coin-tossing games. We also clarify that the main growth part of the investor's capital processes is lucidly described by the information quantities, which are derived from the Kullback-Leibler information with respect to the empirical fluctuation of the asset price.

Energy Technology Data Exchange (ETDEWEB)

There are 760 feederpipes, which they are connected to inlet/outlet of the 380 pressure tube channels on the front of the calandria, in CANDU-type Reactor of Wolsung Nuclear Power Plant. As an ISI(In-Service Inspection) and PSI (Post-Service Inspection) requirements, maintenance activities of measuring the thickness of curvilinear part of feederpipe and inspecting the feederpipe support area within calandria are needed to ensure continued reliable operation of nuclear power plant. And ultrasonic probe is used to measure the thickness of curvilinear part of feederpipe, however workers are exposed to radioactivity irradiation during the measurement period. But, it is exposed to radioactivity irradiation during the measurement period. But, it is impossible to inspect feederpipe support area thoroughly because of narrow and confined accessibility, that is , an inspection space between the pressure tube channels is less than 100 mm and pipes in feederpipe support area are ...

Science.gov (United States)

Synthetic atrial natriuretic peptide (carperitide) and B-type natriuretic peptide (BNP; nesiritide) are used to treat congestive heart failure. However, despite beneficial cardiac unloading properties, reductions in renal perfusion pressures limit their clinical effectiveness. Recently, CD-NP, a chimeric peptide composed of C-type natriuretic peptide (CNP) fused to the C-terminal tail of Dendroaspis natriuretic peptide (DNP), was shown to be more glomerular filtration rate-enhancing than BNP in dogs. However, the molecular basis for the increased responsiveness was not determined. Here, we show that the DNP tail has a striking effect on CNP, converting it from a non-agonist to a partial agonist of natriuretic peptide receptor (NPR)-A while maintaining the ability to activate NPR-B. This effect is specific for human receptors because CD-NP was only a slightly better activator of rat NPR-A due to the promiscuous nature of CNP in this species. Interesting, the DNP ...

Energy Technology Data Exchange (ETDEWEB)

Environmental and breathing zone samples were analyzed for formaldehyde at the Pikes Peak Dialysis Center, Colorado Springs, Colorado in August, 1984 and February, 1985. The evaluation was requested by a representative of the Center to determine if there was a health hazard due to formaldehyde. Eight employees were interviewed. The ventilation systems were investigated. Personal protective clothing was inspected. Breathing-zone samples contained 0 28 to 1.0 (mg/m/sup 3/) formaldehyde. The OSHA standard for formaldehyde is 3.7 mg/m/sup 3/. Area formaldehyde concentrations ranged from nondetectable to 0.75 mg/m/sup 3/. Health complaints reported included sore throat, congestion, cough, and eye, nose and throat irritation. Most of the complaints originated from employees in the formalin mixing, reuse sterilization, and dialysis unit packing sections. The exhaust system in the reuse sterilization area was not working efficiently. A variety of personal protective ...

Energy Technology Data Exchange (ETDEWEB)

The hepatic artery chemoembolization with Lipiodol, doxorublicin. Gelfoam was performed in 14 mongrel dogs to evaluate embolic effect of these materials to normal liver parenchyma. Fourteen dogs were divided into four experimental groups according to the kinds of embolic materials. 3 dogs with 0.1ml/kg of Lipiodol (Group 1), 4 dogs with 0.1ml/kg of Lipiodol and 0.5mg/kg of doxorubicin (Group 2). 4 dogs with Lipiodol, doxorubicin and 150-300 pieces of 0.5 x 0.5cm sized Gelfoam (Group 3), 3 dogs with Gelfoam alone (Group 4). Follow-up liver function tests and liver CT were performed 1 day, 3 day, 1 week, 2 weeks and 3 weeks after embolization. Pathologic examination was performed 3 weeks after embolization. Lipiodol densities in group 1 were cleared 2 weeks after embolization, and in group 2, patch and nodular Lipiodol densities were changed to mottled and streaky densities 3 weeks after chemoembolization. In group 3, patch and nodular Lipiodol densities were still remained 3 weeks after ...

Wastenet

... (I still say no to bags though if I can, even if it means the bus driver looks at me funny when I get on balancing a pie and bread roll on top of 18 better-than-half-price recycled toilet rolls - as happened on Tuesday night.) I know some cloth/nylon bags are designed to fold up tightly - either with poppers or a bag to keep them neat - so ...

Energy Technology Data Exchange (ETDEWEB)

Ontario's electricity industry restructuring program is reviewed, with a view to identify the reasons behind the failure of deregulation which was expected to create competition, to stabilize, or even reduce, prices to consumers, and attract serious private sector investment for the construction of new generating capacity. The report painstakingly reviews the series of events which resulted in a steep rise in electricity rates during the summer of 2002, immediately after deregulation came into effect, which led to freezing retail electricity rates and related charges by the then Conservative provincial government, and the reversal of that decision by the newly-elected Liberal government in the fall of 2003, and plans to bring back retail hydro rates that reflect the cost of production. The authors provide a discussion of policy options and a series of recommendations that are expected to create incentives to reduce and shift demand, encourage the use of ...

Science.gov (United States)

The aim of the classical multiple test strip is to perform routine chemical analysis in one single operation, yielding maximum diagnostic and prognostic information. A maximum of 10 test areas should not be exceeded. The efficiency of the currently marketed test strips is discussed and improvements within acceptable price limits are suggested. PMID:10841930

International Nuclear Information System (INIS)

In this paper author deals with the regulation of electricity prices in the Slovak Republic. Author contests the social policy of the government through doped prices of electricity. Two thirds of electricity is generated in nuclear power plants in Slovakia. Hence, it is necessary to focus on the solution of problem of nuclear waste. In 2004 Ministry of Economy stated, that the deficit in nuclear fund, from which the country have to fully cover the costs of liquidation and final disposal of nuclear waste, is estimated in the amount of around 89 billion Slovak crowns (? 3.7 billion $). From it, so called historical deficit, which originated because of late foundation of fund, represents officially 15 billion Slovak crowns (? 0.62 billion $). In Slovakia exists the real risk, that by maintenance of present state by creation and draw of the fund, it will be possible to ensure only 39 per cent of financial sources necessary for full financial ...

Energy Technology Data Exchange (ETDEWEB)

An optimization criterion accounting for the energy and material consumption is defined. The allowed limits of the variations in the technological factors are discussed and the optimization criterion values within these limits are calculated. The analysis presented, demonstrating the significance of the chosen factors for the production cost-price, is of great practical importance. (orig.).

Energy Technology Data Exchange (ETDEWEB)

The Monthly Energy Review (MER) presents an overview of the Energy Information Administration`s recent monthly energy statistics. The statistics cover the major activities of US production, consumption, trade, stocks, and prices for petroleum, natural gas, coal, electricity, and nuclear energy. Also included are international energy and thermal and metric conversion factors. 37 figs., 61 tabs.

Energy Technology Data Exchange (ETDEWEB)

This publication presents an overview of the Energy information Administration`s recent monthly energy statistics. The statistics cover the major activities of US production, consumption, trade, stocks, and prices for petroleum, natural gas, coal, electricity, and nuclear energy. Also included are international energy and thermal and metric conversion factors. Two brief ``energy plugs`` (reviews of EIA publications) are included, as well.

Science.gov (United States)

Many factors such as poverty, ineffective institutions and environmental regulations may prevent developing countries from managing how natural resources are extracted to meet a strong market demand. Extraction for some resources has reached such proportions that evidence is measurable from space. We present recent evidence of the global demand for a single commodity and the ecosystem destruction resulting from commodity extraction, recorded by satellites for one of the most biodiverse areas of the world. We find that since 2003, recent mining deforestation in Madre de Dios, Peru is increasing nonlinearly alongside a constant annual rate of increase in international gold price (?18%/yr). We detect that the new pattern of mining deforestation (1915 ha/year, 2006-2009) is outpacing that of nearby settlement deforestation. We show that gold price is linked with exponential increases in Peruvian national mercury imports over time (R(2)?=?0.93, ...

Energy Technology Data Exchange (ETDEWEB)

Contains Executive Summary and Chapters on: Energy and the Internet; Internet Developments; Search Guide; Oil and Gas Industry; Electricity and Utilities; Nuclear Energy; Coal Industry; Alternative Energy; Government and Supranational Agencies; Research Institutions and Universities; Energy Statistics; Commodity Pricing and financial Markets; Company Information; Country Information; Associations; Engineering; Environment; Patents, Trademarks and Standards; News; Industry Events; Miscellaneous. (Author)

Science.gov (United States)

Key elements in strategic planning in the nonferrous mining industry are discussed. Included are price forecasting, financial planning, government relations, research and development, and exploration. Financial planning is discussed in terms of 1) forecasting of earnings, 2) investment policy and 3) tax planning. Costs of environmental liabilities are expected to have a major impact on the industry. (JMT)

Energy Technology Data Exchange (ETDEWEB)

A complete analysis is performed to simulate biomass production incorporated into a realistic whole farm situation, including or replacing a typical crop mix. Representative farms are constructed to accommodate such simulation. Four management systems are simulated for each firm, with each simulation depicting a different crop mix and/or use of different farming technologies and production methods. The first simulation was a base farm plan in which the operator would maintain the historical crop mix for the area, participate in all price support programs, and not participate in either a conservative reserve or a biomass production program. In the second simulation, the operator would again maintain the historical crop mix, would not participate in a conservation reserve or biomass production program, and would be ineligible to participate in any price support system. The third simulation introduced the Conservation Reserve Program (CRP) and ...

Energy Technology Data Exchange (ETDEWEB)

The Department of Energy has used its seldom-used statutory authority and filed comments with the Federal Energy Regulatory Commission urging support for Public Service Company of Indiana's request that the FERC allow it to sell up to 450 megawatts of firm power to eligible wholesale purchasers at negotiated or market-based rates in exchange for open transmission access for other generators.

Energy Technology Data Exchange (ETDEWEB)

The cost of liquid fuels from coal is a complex function of many factors, such as capital investment, cost of coal and labor cost. Furthermore, the cost will depend on geographical position, the size of the operation and the efficiency of the process. There is no single answer and case studies will have to be made to establish economics at different locations. In the following, the 1980 order-of-magnitude investment costs and operating costs for a coal liquefaction plant are estimated. For a Sasol II type of plant with the product output indicated earlier, the total capital cost is estimated at $4 billion in 1980 dollars. Capital cost accounts for approximately 50%, utilities and materials for 30%, and labor for 20% of the total cost. Given the market value of by-product ethylene ($175/t), tar products ($300/t), chemicals ($300/t), ammonia ($200/t) and sulfur ($25/t), the credit for by-products is $146 million per year. The cost of motor fuel is thus estimated at $530/t (approx. 37 ...

Energy Technology Data Exchange (ETDEWEB)

The objective of this work was to identify methods of improving the performance of gas-fired radiant burners through the use of Continuous Fiber Ceramic Composites (CFCCs). Methods have been identified to improve the price and performance characteristics of the porous surface burner. Results are described.

Energy Technology Data Exchange (ETDEWEB)

(1) Most ancillary services needed for real-time control of the transmission grid and to meet operating criteria can be competitively supplied and competitively procured. (2) The independent service operator (ISO) must directly control the generators and loads, which supply ancillary services. (3) Comparability of access to ancillary services is achievable through the ISO-based competitive market structure.

Energy Technology Data Exchange (ETDEWEB)

Rising oil prices are a problem for the motor car industry. Now, an ambitious project has been launched in California which may become a serious competitor to gasoline and diesel engines: The Tesla Roadster, which is fuelled from simple wall sockets. (orig.)

Energy Technology Data Exchange (ETDEWEB)

The natural gas industry has proposed an increase in the DOE gas R&D budget from about $100 million to about $250 million per year for each of the next 10 years. The proposal includes four programs: natural gas supplies, fuel cells, natural gas vehicles and stationary combustion systems. This paper is a qualitative assessment of the gas industry proposal and recommends a natural gas R&D strategy for the DOE. The methodology is a conceptual framework based on an analysis of market failures and the energy policy objectives of the DOE`s (1991) National Energy Strategy. This framework would assist the DOE in constructing an R&D portfolio that achieves energy policy objectives. The natural gas supply program is recommended to the extent that it contributes to energy price stability. Stationary combustion programs are supported on grounds of economic efficiency and environmental quality. The fuel cell program is supported on grounds of environmental quality. ...

Energy Technology Data Exchange (ETDEWEB)

The trade-off which must be established between the various functions of pumped-storage plants is examined. A compromise between supply security and economic planning can be found only by coordinated planning of pumped-storage units and thermal generation plants. A model used by Electricite de France (EDF) to ensure optimized daily planning of thermal and pumped-storage units is described. The model, called the DEMETER model, ensures the optimization of the daily planning of thermal and pumped-storage plants. The model iterates between two levels: coordination where the prices of the generated energy and the operating reserve are determined to adjust generation to load and keep a sufficient reserve; and decomposition where the schedule of each unit is optimized on the basis of the above prices and taking into account local constraints such as unavailability, and minimum shut down time. The role of EDF is to supply customers with energy while ...

Energy Technology Data Exchange (ETDEWEB)

This document gathers a series of very short articles concerning nuclear industry around the world. Areva company is investing 30 million euros in its Chalon-Saint-Marcel plant, it is the consequence of the extension of service life of nuclear power plants in the Usa. Areva holds 40% of the American market concerning the replacement of steam generators and 50% of that concerning the replacement of closure heads. The Obrigheim nuclear power plant was definitely closed down on may 2004, this decommissioning is a step forward in the German policy of progressively stepping out of nuclear energy. Chinese authorities are willing to construct 40 nuclear reactors in 15 years, despite that, the contribution of nuclear energy to the generation of electricity will reach only 4% in 2020. In 2007 Cea will begin the construction works of a new research reactor (Jules Horowitz reactor) in the Cadarache site. Prices of the yellow cake have been going up during the last years: from ...

International Nuclear Information System (INIS)

The NATural GAS model is an integrated model of the European wholesale gas market providing long-run projections of supply, transport, storage and consumption patterns in the model region, aggregated in 5-year periods, distinguishing two seasons (winter and summer). Model results include levels of investment in the various branches, output and consumption, depletion of reserves and price levels. The NATGAS model computes long-term effects of policy measures on future gas production and gas prices in Europe. NATGAS is an equilibrium model describing behaviour of gas producers, investors in infrastructure (pipeline, LNG capacity, as well as storage), traders and consumers. NATGAS covers the main European demand regions, including the United Kingdom, Germany, the Netherlands and Italy. Moreover, it covers the main origins of supply on the European market, such as Russia, Norway, Algeria, the Netherlands, the United Kingdom and LNG. In this ...

Energy Technology Data Exchange (ETDEWEB)

Cost is a key issue in the spreading of any technology. In this work, the cost of hydrogen is analyzed and determined, for hydrogen obtained by electrolysis. Different contributing partial costs are taken into account to calculate the hydrogen final cost, such as energy and electrolyzers taxes. Energy cost data is taken from official URLs, while electrolyzer costs are obtained from commercial companies. The analysis is accomplished under different hypothesis, and for different countries: Germany, France, Austria, Switzerland, Spain and the Canadian region of Ontario. Finally, the obtained costs are compared to those of the most used fossil fuels, both in the automotive industry (gasoline and diesel) and in the residential sector (butane, coal, town gas and wood), and the possibilities of hydrogen competing against fuels are discussed. According to this work, in the automotive industry, even neglecting subsidies, hydrogen can compete with fossil fuels. Hydrogen can also compete with ...

International Nuclear Information System (INIS)

This paper investigates the relationship between economic growth and pollutant emissions for a small and open developing country, Tunisia, during the period 1961-2004. The investigation is made on the basis of the environmental Kuznets curve hypothesis, using time series data and cointegration analysis. Carbon dioxide (CO2) and sulfur dioxide (SO2) are used as the environmental indicators, and GDP as the economic indicator. Our results show that there is a long-run cointegrating relationship between the per capita emissions of two pollutants and the per capita GDP. An inverted U relationship between SO2 emissions and GDP has been found, with income turning point approximately equals to $1200 (constant 2000 prices) or to $3700 (in PPP, constant 2000 prices). However, a monotonically increasing relationship with GDP is found more appropriate for CO2 emissions. Furthermore, the causality results show that the relationship between income and ...

Energy Technology Data Exchange (ETDEWEB)

The publication is an economic evaluation of the Bureau of Mines electrolytic process for recovering lead from scrap lead-acid batteries. In this process, scrap batteries are crushed and separated into metal and sludge fractions. The metal fraction is cast as anodes and electro-refined. Lead in the sludge fraction is converted to lead carbonate by reaction with an ammonium carbonate-ammonium bisulfite solution. The lead carbonate is then dissolved in a fluosilicic acid electrolyte from which pure lead metal is electrowon. A cost estimate is presented for a plant capable of processing 10,000 scrap batteries per day. The fixed capital cost for the plant is estimated to be $14 million on a fourth quarter 1984 basis. Operating costs are estimated to be $0.15/lb Pb recovered. Assuming a lead selling price of $0.17/lb, the interest rate of return on investment after taxes is 11 pct. A lead selling price of about $0.21/lb is needed to obtain a ...

International Nuclear Information System (INIS)

Biodiesel is considered as an alternative fuel to Diesel fuel No. 2, which can be generally produced from different kinds of vegetable oils. Since the prices of edible vegetable oils are higher than that of Diesel fuel No. 2, waste vegetable oils and non-edible crude vegetable oils are preferred as potential low priced biodiesel sources. In addition, it is possible to use soapstock, a by-product of edible oil production, for cheap biodiesel production. In this study, a methyl ester biodiesel was produced from a hazelnut soapstock/waste sunflower oil mixture using methanol, sulphuric acid and sodium hydroxide in a two stage process. The effects of the methyl ester addition to Diesel No. 2 on the performance and emissions of a four cycle, four cylinder, turbocharged indirect injection (IDI) Diesel engine were examined at both full and partial loads. Experimental results showed that the hazelnut soapstock/waste sunflower oil methyl ester can be ...

Science.gov (United States)

Because of its high price, the extra virgin olive oil is frequently target for adulteration with lower quality oils. This paper presents an innovative optical technique capable of quantifying the adulteration of extra virgin olive oil caused by lowergrade olive oils. It relies on spectral fingerprinting the test liquid by means of diffuse-light absorption spectroscopy carried out by optical fiber technology in the wide 400-1700 nm spectral range. Then, a smart multivariate processing of spectroscopic data is applied for immediate prediction of adulterant concentration.

Energy Technology Data Exchange (ETDEWEB)

Overhead, high power transmission lines have secured rights of way on agricultural lands in Minnesota. The economic impact of such utility crossings, including effects on land price, was investigated. Sale records and survey data were analyzed. Buyers, sellers, and brokers were interviewed concerning inconvenience, radio interference, appearance, and loss of irrigation possibilities due to the transmission lines. In nine affected sales, there was only one case in which less money was indicated for the farm because of the presence of a transmission line.

Energy Technology Data Exchange (ETDEWEB)

Developing a modern electric power sector is necessary for economic growth and development to proceed. Institutions to implement an IRP (integrated resource planning) process do not exist in many countries. Hainan`s economy is growing rapidly with a concomitant increase in electricity demand. This is an ideal time in Hainan`s development to implement an IRP process. The challenge is for Hainan to develop institutions and incentive mechanisms for HEPCO (Hainan Electric Power Co.) to adopt cost-based pricing, run DSM programs, construct renewable generating plants, etc. One proposal is to great a Hainan government-wide IRP committee.

British Library Electronic Table of Contents (United Kingdom)

Independent drilling contractors own all offshore drilling rigs, which they lease to oil and gas companies for use in their pursuit of their exploration and development plans. Oil and gas companies' demand for these rigs can vary quickly and dramatically in response to changes in the world market for oil and natural gas. As a result, drilling contractors often try to manage excess capacity by idling rigs (known in the industry as "stacking" a rig), reactivating them when demand recovers. This paper examines these decisions over the course of a price cycle in 1998-2000 to investigate the role of firm and rig heterogeneity in determining drillers' decisions about idling and reactivating capacity.

Energy Technology Data Exchange (ETDEWEB)

Much as it is accepted for pollution control reasons air pollution abatement still is the subject of heated debates. Pollutant emissions can considerably be reduced with the help of electric power supplies. In order not to prejudice electric power users tariffs have to be adapted to the prices of other energy sources available on the market. There is a general need for energy conservation, resource conservation and the reduction of carbon dioxide emissions. Thermal insulation is among the remedial measures. Fundamental air pollution abatement measures will have to be avoiding smog warnings which are known to considerably interfere with both economic and private activities.

Energy Technology Data Exchange (ETDEWEB)

The US DOE is calling on the nations' industries and academic institutions to develop a new approach for converting coal into liquid fuels at costs that can be competitive with imported oil. Based on a number of innovations, the department is looking for new approaches that can substantially reduce the cost of liquids from coal, essentially capping the price of imported oil. If successful, the new process will define the next generation of coal liquefaction technology and represent a dramatic improvement over the current state-of-the-art integrated two-stage process. 1 fig.

CERN Document Server

We develop a framework based on microeconomic theory from which the ideal gas like market models can be addressed. A kinetic exchange model based on that framework is proposed and its distributional features have been studied by considering its moments. Next, we derive the moments of the CC model (Eur. Phys. J. B 17 (2000) 167) as well. Some precise solutions are obtained which conform with the solutions obtained earlier. Finally, an output market is introduced with global price determination in the model with some necessary modifications.

International Nuclear Information System (INIS)

This is the first report about a relevant and compiled information on the Mexican Energy Sector. It was realized in one volume by the University Energy Program of the National Autonomous University of Mexico and it comprises information for the period 1996-1997. In the chapter 1 there are presented the numbers of hydrocarbon reserves. Chapter 2 treats about production, events and its results. Likewise chapter 3 shows information about the typical Installations for petroleum, gas and electricity including through of the nuclear energy. In the chapter 4, named Energy Consumption, is presented a National energy balance for 1996 and, finally there are a sections about the prices, the rates and a glossary to facilitate its understanding. (Author)

International Nuclear Information System (INIS)

The near-term availability of domestic and selected foreign uranium resources for use by United States electric utilities is considered in light of projected geopolitical and socioeconomic considerations. No attempt is made to analyze the impact on domestic uranium supply of inflation or cost-price considerations, the introduction of the breeder reactor, limitations in enrichment capacity, or the presently expanding uranium inventory. All data are current as of mid-1980. The period with which this research is concerned is 1980-1995. It is concluded that the United States must promote responsible, environmentally acceptable uranium resource exploration and development, if this nation is to remain self sufficient in this necessary energy commodity.

Energy Technology Data Exchange (ETDEWEB)

Many mining regions in the United States contain extensive areas of flooded underground mines. The water within these mines represents a significant and widespread opportunity for extracting low-grade, geothermal energy. Based on current energy prices, geothermal heat pump systems using mine water could reduce the annual costs for heating to over 70 percent compared to conventional heating methods (natural gas or heating oil). These same systems could reduce annual cooling costs by up to 50 percent over standard air conditioning in many areas of the country. (Formatted full-text version is released by permission of publisher)

International Nuclear Information System (INIS)

The document reports the status of the 'electricity' in Lebanon since 1885 with an emphasis on its present economical situation. Data concerning electric power consumption and distribution as well as the average of rainwater, spring and weather are given. Power plants in Lebanon, the production of electric power and its consumption are described. A quantitative analysis of specifications of power plants and their annual and monthly production of electric power, the distribution of electricity consumption in Lebanon (geographical, annual, monthly) are presented in tables and graphs. An overview of the economical status of the 'electricity' in Lebanon is presented. The evolution of prices charges, hour cuts, damages and the impact of Lebanese wars on the distribution and the consumption of electricity are presented

Energy Technology Data Exchange (ETDEWEB)

Due mainly to competitive pressures, the practice of offering electric and telephone service under contracts or special tariffs negotiated individually between a utility and its customers has increased in importance in recent years. Moreover, the practice is likely to become still more widespread in the future. This creates questions of public policy that are of interest to regulators and ratepayers alike such as how to supervise the practice, how to encourage utilities to compete while preventing cross-subsidization and anticompetitive behavior, and how the practice will ultimately affect utilities and ratepayers. This report sheds light on the topic by describing approaches that have been taken by the various regulatory commissions and by providing a framework for analyzing such contractors.

Wastenet

... Focuses on distillation and packed towers, and presents the methods and fundamentals of plant design along with supplemental mechanical and related data, nomographs, data charts and heuristics. AU$223.45 ex-GST Terms and Conditions Microchemical Engineer... Provides the information chemists and engineers need to evaluate the use of microreactors, covering the technical, operational, and economic considerations for various applications. AU$136.36 ex-GST Terms and Conditions Perry's Chemical Engin... Was: $199.95 inc gst NOW: $129.95 Special Price ...

Energy Technology Data Exchange (ETDEWEB)

The Kyoto Protocol foresees emission trading but does not yet specify verification of (uncertain) emissions. This paper analyses a setting in which parties can meet their emission targets by reducing emissions, by investing in monitoring (reducing uncertainty of emissions) or by (bilaterally) trading permits. We derive the optimality conditions and carry out various numerical simulations. Our applications suggest that including uncertainty could increase compliance costs for the USA, Japan and the European Union. Central Europe and the Former Soviet Union might be able to gain from trading due to higher permit prices. Emissions trading could also lower aggregate uncertainty on emissions.

Energy Technology Data Exchange (ETDEWEB)

Floating Production, Offshore Storage and Offloading (FPSO) of hydrocarbons is not new. However, offshore crude oil development has to face the increasing need of the geopolitical interests to develop smaller or difficult reservoir in remote areas in deeper water and harsher environment. Such a trend can only be sustained if the offshore technology provides the right tools at the right time and at an acceptable price. This article will attempt to describe the relative merits of FPSO systems and discuss its main components. An overview of the present world situation shows the excellent performance of the FPSO with the type of development strategy undertaken in P.R.C.

Energy Technology Data Exchange (ETDEWEB)

The Kootenay, Luscar/Manville, and Belly River Groups, and the Horseshoe Canyon and Scollard Coalspur Formations are the most important coal measures in Alberta. Estimated current resources and reserves are 89 and 35 billion tonnes, respectively. Ultimate resources and reserves are 2100 and 660 billion tonnes, respectively. Most of the reserves are subbituminous and require underground mining methods. Current production is approximately 39 million tonnes per year, primarily subbituminous coal that is used for domestic electrical generation. Bituminous coal is exported. Long-term development will depend on markets, price, and infrastructure. 11 refs., 4 figs.

Energy Technology Data Exchange (ETDEWEB)

A generalised procedure for quantifying the benefits of household biogas plants is presented. The sensitivity of the procedure to the uncertainty in input prices is reduced through the assumption of incremental benefits from the biogas plant. These benefits are quantified in terms of the quantity of fuelwood for which the biogas substitutes in cooking, the quantity of kerosene replaced through the use of biogas for lighting and the diesel fuel displaced through the use of a biogas fuelled dual-fuel engine for motive power. Sensitivity of the monetary benefits for these parameters is examined in order to identify variables which influence the viability of the technology to the end user. (author).

Science.gov (United States)

This paper builds upon previous work [Sprigg and Ehlen, 2004] by introducing a bond market into a model of production and employment. The previous paper described an economy in which households choose whether to enter the labor and product markets based on wages and prices. Firms experiment with prices and employment levels to maximize their profits. We developed agent-based simulations using Aspen, a powerful economic modeling tool developed at Sandia, to demonstrate that multiple-firm economies converge toward the competitive equilibria typified by lower prices and higher output and employment, but also suffer from market noise stemming from consumer churn. In this paper we introduce a bond market as a mechanism for household savings. We simulate an economy of continuous overlapping generations in which each household grows older in the course of the simulation and continually revises its target level of savings according ...

Energy Technology Data Exchange (ETDEWEB)

The state of exploration in the Terra Nova field offshore Newfoundland, and the progress in constructing the floating production, storage and offloading (FPSO) at Bull Arm, the assembly site west of St. John's for the Terra Nova vessel, are described. Comparisons are made between the excitement created by the first production well at Leduc in Western Canada in 1947, and the offshore developments currently underway and accelerating offshore Newfoundland. It is estimated that exploration and development offshore had barely touched the surface, with only 160 wells of all types drilled to date, of which 48 exploration wells have uncovered 1.7 billion barrels of oil. The area is practically unexplored; the source rock is there, and the current estimate is that there are a number of basins in the offshore area that are several times the size of the Jeanne d'Arc Basin, where the Hibernia field is currently producing about 135,000 barrels of oil per day. The total estimated ...

Energy Technology Data Exchange (ETDEWEB)

As the Electric Power Industry is actively preparing for a restructured future where retail wheeling is practiced ideally and efficiently in a competitive market-based environment, concerns may arise legitimately on how system reliability and integrity can be ensured in an environment where markets have an enhanced role. As these concerns may be justified, at least for a transition period, this paper presents a proposal which outlines how the generally accepted requisite capacity, energy, and ancillary services standards may be satisfied through market reliance and minimal coordination by a Reliability Monitoring and Ancillary Services Managing Entity or Independent System Operator. A Strawman detailing one -- and by no means the only -- future scenario inspired by the recent NEPOOL restructuring discussions in New England is presented to demonstrate that market-based competition and flexibility are compatible with a reliable Power System.

CERN Document Server

In this work, we aim to gain a better understanding of the volatility smile observed in options markets through microsimulation (MS). We adopt two types of active traders in our MS model: speculators and arbitrageurs, and call and put options on one underlying asset. Speculators make decisions based on their expectations of the asset price at the option expiration time. Arbitrageurs trade at different arbitrage opportunities such as violation of put-call parity. Difference in liquidity among options is also included. Notwithstanding its simplicity, our model can generate implied volatility (IV) curves similar to empirical observations. Our results suggest that the volatility smile is related to the competing effect of heterogeneous trading behavior and the impact of differential liquidity.

International Nuclear Information System (INIS)

The difficult economic circumstances with which almost the whole world had to contend, brought serious financial crisis in many countries. South Africa also had its own share of serious problems. Despite this situation, Transvaal Consolidated Land and Exploration Company, Limited, showed on increase in earnings of 24 per cent per share. The reason for this lies mainly in two areas. Firstly the company acquired the mining related business of Rand Mines, Limited. Included in the acquisition was a partfolio of shares mainly in the company's associated gold and uranium mining companies and additional shares in its listed coal mining subsidiaries. Secondly, the average gold price realised by producers in rand terms, was considerably higher than in the previous year. Consolidated profit attributable to members increased by 52 per cent to R82,6 million.

Energy Technology Data Exchange (ETDEWEB)

World oil prices are responsible for new concerns about the health of the international banking system, particularly the $60 billion in annual deficits of the developing countries. If the banks continue lending money to these countries in hopes of repayment in better times, they could jeopardize their financial position; but if they stop the loans, they will jeopardize repayment of the present debts. High US interest rates, heavy goods and technology, economic sanctions imposed by the US in response to Russia's invasion of Afghanistan, and the unregulated Eurocurrency market have contributed to the problem. No one knows how great a loss the capital markets can sustain and still survive. New banking arrangements by the World Bank and other institutions are still unproven. 19 references. (DCK)

Energy Technology Data Exchange (ETDEWEB)

The situation of natural gas in the Federal Republic of Germany is described, with particular emphasis on the advantages and consequences of natural gas supply. The brochure discusses the role of natural gas on the energy market, the reliability of natural gas supply, the environmental impacts, the energy-saving effect of natural gas, natural gas prices, the competitive strength of the German gas industry, and the long-term reliability of natural gas supply. (orig.) [German] Die Situation des Erdgases in der Bundesrepublik Deutschland wird beschrieben, wobei die wichtigsten Vorteile und Auswirkungen der Erdgasversorgung besonders hervorgehoben werden. Es geht um die Stellung des Erdgases im Energiemarkt, die Sicherheit der Energieversorgung, Umweltschutz, Energieeinsparung durch Erdgaseinsatz, Erdgaspreise, Leistungsfaehigkeit der deutschen Gaswirtschaft und um die langfristig gesicherte Erdgasversorgung. (orig.)

CERN Document Server

This paper shows that a well designed transport system has an embedded exchange value by serving as a market for potential exchange between consumers. Under suitable conditions, one can improve the welfare of consumers in the system simply by allowing some exchange of goods between consumers during transportation without incurring additional transportation costs. We propose an explicit valuation formula to measure this exchange value for a given compatible transport system. This value is always nonnegative and bounded from above. Criteria based on transport structures, preferences and prices are provided to determine the existence of a positive exchange value. Finally, we study a new optimal transport problem with an objective taking into account of both transportation cost and exchange value.

Energy Technology Data Exchange (ETDEWEB)

The new oil price environment is sending industry engineers back to the drawing board. The search is on for cost effective and perhaps unconventional deepwater production systems. One candidate for Gulf of Mexico deepwater tracts is a tanker-based floating production, storage, and offloading (FPSO) system. Substantial experience with tanker-based FPSO systems has proven them to be cost effective when the field is remote from existing production facilities and pipelines. A tanker-based system offers the unique feature of integrating production, storage, and offloading capabilities into a single unit. Such systems can be installed in 12 to 15 months and can even be leased, significantly improving an operator's cash flow.

British Library Electronic Table of Contents (United Kingdom)

We examine the short-term price behaviour of three, size-conditioned Indian stock market indices, in response to informational shocks. A standard mean-adjusted returns model as well as the GJR-GARCH specification point towards underreaction to negative events in the medium and small capitalization indices. Also, the pre-event coefficients are generally negative and statistically significant, regardless of the sign of the shock, thus ruling out information leaks. We uncover a stable abnormal volatility pattern which increases monotonically a few days before the shock before suddenly decreasing in magnitude on the event day and beyond. We suggest uncertainty avoidance as a potential explanation of these features. The results are fairly robust across alternative event selection procedures, ti...

Energy Technology Data Exchange (ETDEWEB)

Electricity generation from wind turbines is now cost competitive for grid and off-grid applications in many developing regions, and close to competitive in others. Wind resources could generate thousands of megawatts of badly-needed power in Asia, North Africa, and Latin America. Barriers to penetrating power generation markets remain, however, including unequal access to investment capital, energy price and other market distortions, and often weak institutions for commercializing new technologies. Recognizing the potential economic and environmental benefits of wind power, bilateral and multilateral assistance organizations have for several years offered financial and technical assistance to promote its diffusion. Based on this experience and assistance for other renewable electric technologies, lessons and recommendations can be drawn regarding how assistance could more effectively overcome persistent market and policy barriers, especially in light of the ...

Energy Technology Data Exchange (ETDEWEB)

Few major mandates were won or lost in the first quarter of 1993, as the energy industry adopted a conservative approach to its financing needs. However, indications are that energy companies are coming back to the syndicated loan market after this quiet first quarter. Already, Enron, Shell Oil and Coastal have mandated substantial new facilities. Many more companies are expected back in the market over the new few months, including at least one jumbo for a major international name. A number of the industry's top names report that pricing is once again getting more aggressive in response to the high level of liquidity among lenders and a shortage of new mandates over the last few months. (Author)

CERN Document Server

We study perturbations of a Schwarzschild black hole in Chern-Simons modified gravity. We begin by showing that Birkhoff's theorem holds for a wide family of Chern-Simons coupling functions, a scalar field present in the theory that controls the strength of the Chern-Simons correction to the Einstein-Hilbert action. After decomposing the perturbations in spherical harmonics, we study the linearized modified field equations and find that axial and polar modes are coupled, in contrast to general relativity. The divergence of the modified equations leads to the Pontryagin constraint, which forces the vanishing of the Cunningham-Price-Moncrief master function associated with axial modes. We analyze the structure of these equations and find that the appearance of the Pontryagin constraint yields an overconstrained system that does not allow for generic black hole oscillations. We illustrate this situation by studying the case characterized by a canonical choice of the ...

Energy Technology Data Exchange (ETDEWEB)

The goal of this study is to determine whether physicists at the Russian Nuclear Weapons Institute can profitably service the need for computer aided drug design (CADD) programs. The Russian physicists` primary competitive advantage is their ability to write particularly efficient code able to work with limited computing power; a history of working with very large, complex modeling systems; an extensive knowledge of physics and mathematics, and price competitiveness. Their primary competitive disadvantage is their lack of biology, and cultural and geographic issues. The first phase of the study focused on defining the competitive landscape, primarily through interviews with and literature searches on the key providers of CADD software. The second phase focused on users of CADD technology to determine deficiencies in the current product offerings, to understand what product they most desired, and to define the potential demand for such a product.

Energy Technology Data Exchange (ETDEWEB)

In this paper, the authors investigate the technical and economical aspects of the natural gas injection in non-integrated pig-iron plants using charcoal in the blast furnace. The effects of the natural gas injection concerning the blast furnace flame temperature, charcoal consumption, productively and permeability are analyzed. It was found that the injection is beneficial in many ways, such as in the improvement of the productivity and quality, if the flame temperature is kept within an appropriate range. In the financial-economic project`s evaluation, the cash flow for the natural gas injection was analysed considering two blast conditions: through the drying and oxygen enrichment of the air. A sensibility analysis is presented in which the internal rate of return of the investment varies according to the prices of charcoal and oxygen. 3 refs., 3 figs., 3 tabs

British Library Electronic Table of Contents (United Kingdom)

This study looks at the land use impact of the biofuels expansion on both the intensive and extensive margin, and its environmental consequences. We link economic, geographical and environmental models by using spatially explicit common units of analysis and use remote sensing crop cover maps and digitized soils data as inputs. Land use changes are predicted via economic analysis of crop rotation choice and tillage under alternative crop prices, and the Environmental Policy Integrated Climate (EPIC) model is used to predict corresponding environmental impacts. The study focuses on Iowa, which is the leading biofuels hotspot in the U.S. due to intensive corn production and the high concentration of ethanol plants that comprise 28% of total U.S. production. We consider the impact of the biof...

British Library Electronic Table of Contents (United Kingdom)

An initial public offering (IPO) can often provide a powerful stimulus to private companies seeking to pursue an acquisition-driven growth strategy. Based on a comprehensive analysis of U.S. IPOs, the authors show that newly public companies are prolific acquirers. Over 30% of companies conducting an IPO make at least one acquisition in their IPO year, and the typical IPO firm makes about four acquisitions during its first five years as a public company. IPOs facilitate M&A not only by providing infusions of capital but also by creating ongoing access to equity and debt markets for cash-financed deals. In addition, IPOs create an acquisition currency that can prove valuable in stock-financed deals when the shares are attractively priced. The authors also argue that IPOs improve the ability...

Energy Technology Data Exchange (ETDEWEB)

The purpose of the Energy Incentives and Agricultural Financial Resources Act of 1986 is to provide fair incentives for the domestic production of oil and gas, and to give flexibility to financial institutions with regard to energy and agricultural loans. The legislation reflects the current drop in activity and investment as a result of economic conditions and tax laws. It amends the Federal Deposit Insurance Act to assist troubled banks in providing capital and restructuring loans for energy development and agricultural pursuits. Title II repeals certain restrictions on the use of natural gas and petroleum imposed under the Fuel Use Act to open up markets and eliminate pricing requirements.

International Nuclear Information System (INIS)

Being based on the Segal method, calculation was carried out for the natural uranium nuclear fuel cost with Zircaloy-4 cladding having design parameters of Wolsung Nuclear Power Plant, CANDU-PHWR (Unit 1), currently under construction in Korea aiming at its completion in 1982. An attempt was also made for the sensitivity analysis of each fuel component; i.e., depreciation of fuel manufacturing plant caused by its life time, its load factor, production scale expansion of plant facilities, variations of construction and operating costs of fuel manufacturing plant, fluctuation of interest rates, extent of uranium ore price increases and effect of learning factor. (author).

CERN Document Server

When testing multiple hypothesis in a survey --e.g. many different source locations, template waveforms, and so on-- the final result consists in a set of confidence intervals, each one at a desired confidence level. But the probability that at least one of these intervals does not cover the true value increases with the number of trials. With a sufficiently large array of confidence intervals, one can be sure that at least one is missing the true value. In particular, the probability of false claim of detection becomes not negligible. In order to compensate for this, one should increase the confidence level, at the price of a reduced detection power. False discovery rate control is a relatively new statistical procedure that bounds the number of mistakes made when performing multiple hypothesis tests. We shall review this method, discussing exercise applications to the field of gravitational wave surveys.

Energy Technology Data Exchange (ETDEWEB)

There are two fundamental reasons or motivations for energy conservation: (1) economics; and (2) consideration of energy - its sources and availability. Economics speaks for itself and needs little explanation: a project is undertaken, the cost is recovered in a given period of time (we hope) and our company realizes cost savings thereafter. We study and propose a project; we estimate the payback. If approved, we implement the project. Then, we eagerly watch for its effectiveness - for the proposed payback. The second consideration in regard to energy conservation might - in the foreseeable future - become by far the most important - that of availability. Very knowledgeable persons have stated that this - in reality - is the most serious problem facing our nation today. Readily available, reasonably priced energy has given to the US the high form of living experienced today. An interruption in this flow could catapult our nation in an awesome catastrophe. The ...

Energy Technology Data Exchange (ETDEWEB)

The report identifies and analyzes the economic impacts of water pollution control regulations on the battery manufacturing industry. These regulations include effluent limitations and standards based on BPT (best practical control technology currently available), BAT (best available technology economically achievable), PSES (pretreatment standards existing sources), NSPS (new source performance standards), and PSNS (pretreatment standards new sources), that have been promulgated under authority of Sections 301, 304, 306, 307, 308, and 501 of the Federal Water Pollution Control Act, as Amended (the Clean Water Act). The primary economic impact variables of interest include price changes, plant closures, substitution effects, changes in employment, shifts in the balance of foreign trade, changes in industry profitability, structure, and competition, and impacts on small business.

British Library Electronic Table of Contents (United Kingdom)

Using a sample of Uruguayan manufacturing establishments we analyze employment, capital, and productivity dynamics over a period of currency appreciation; changes in trade policy; and changes in the institutional setting of wage negotiations. As the relative capital-labor price ratio fell, capital intensity increased. At the same time, there was an increase in labor and total factor productivity. Creation and destruction rates were relatively high and pervasive over time, sectors, establishment size, and establishment age, with exits explaining a sizeable part of destruction rates. Most of the excess reallocation was due to movements -within- rather than -between- sectors. Thus, high reallocation rates were linked to establishment-level heterogeneity rather than aggregate shocks.

CERN Document Server

The stock market has been known to form homogeneous stock groups with a higher correlation among different stocks according to common economic factors that influence individual stocks. We investigate the role of common economic factors in the market in the formation of stock networks, using the arbitrage pricing model reflecting essential properties of common economic factors. We find that the degree of consistency between real and model stock networks increases as additional common economic factors are incorporated into our model. Furthermore, we find that individual stocks with a large number of links to other stocks in a network are more highly correlated with common economic factors than those with a small number of links. This suggests that common economic factors in the stock market can be understood in terms of deterministic factors.

Energy Technology Data Exchange (ETDEWEB)

This report presents the results of an assessment of uranium in situ leach mining costs through the application of process engineering and discounted cash flow analysis procedures. A computerized costing technique was developed to facilitate rapid cost analyses. Applications of the cost model will generate mine life capital and operating costs as well as solve for economic production cost per pound U/sub 3/O/sub 8/. Conversely, rate of return may be determined subject to a known selling price. The data bases of the cost model were designed to reflect variations in Texas versus Wyoming site applications. The results of applying the model under numerous ore deposit, operating, well field, and extraction plant conditions for Texas and Wyoming are summarized in the report. Sensitivity analysis of changes in key project parameters have also been tested and are included.

CERN Document Server

We discuss some methods to quantitatively investigate the properties of correlation matrices. Correlation matrices play an important role in portfolio optimization and in several other quantitative descriptions of asset price dynamics in financial markets. Specifically, we discuss how to define and obtain hierarchical trees, correlation based trees and networks from a correlation matrix. The hierarchical clustering and other procedures performed on the correlation matrix to detect statistically reliable aspects of the correlation matrix are seen as filtering procedures of the correlation matrix. We also discuss a method to associate a hierarchically nested factor model to a hierarchical tree obtained from a correlation matrix. The information retained in filtering procedures and its stability with respect to statistical fluctuations is quantified by using the Kullback-Leibler distance.

DEFF Research Database (Denmark)

This paper presents a general high level estimation model of communication throughput for the implementation of a given communication protocol. The model, which is part of a larger model that includes component price, software driver object code size and hardware driver area, is intended to be general enough to be able to capture the characteristics of a wide range of communication protocols and yet to be sufficiently detailed as to allow the designer or design tool to efficiently explore tradeoffs between throughput, bus widths, burst/non-burst transfers and data packing strategies. Thus it provides a basis for decision making with respect to communication protocols/components and communication driver design in the initial design space exploration phase of a co-synthesis process where a large number of possibilities must be examined and where fast estimators are therefore necessary. The fill model allows for additional (money) cost, software code size and hardware ...

Energy Technology Data Exchange (ETDEWEB)

Since the 1950s a transport revolution has occurred comparable to events in the late nineteenth century when sailing ships were replaced by steam vessels. Freight rates for bulk products have decreased 65-70% due to improved maritime technology, and formerly separate markets for bulk products have been unified globally. It is suggested that the low freight rates since the early 1980s will level out in future. Price peaks caused by political and military crises like the Korean war, the Suez crisis, OPEC I and OPEC II also seem to be of diminishing importance over time. The world market has become much less sensitive to external shocks due to alternative sources of supply and alternative transport routes. Examples are given from the coal, grain and iron ore international market. 62 refs., 24 figs., 4 tabs.

International Nuclear Information System (INIS)

The Granger instantaneous-causality test is applied to explore the potential causal relationships between wholesale electricity and natural-gas prices in California. The test shows these relationships to be bi-directional, and reveals California's electricity and natural-gas markets to be as inextricably intertwined as casual observation and theoretical considerations would suggest they ought to be. This meshing of markets exacerbated the effects of California's natural-gas crisis on the contemporaneous electricity crisis, while concurrently the electricity crisis may have contributed to the dysfunction in the national-gas market and helped to precipitate the natural-gas crisis. The finding supports an integrated approach, as opposed to a piecemeal approach, for formulating energy policy recommendations, not just in California but in the world at large.

British Library Electronic Table of Contents (United Kingdom)

This study looks for the presence of rational speculative bubbles in Real Estate Investment Trusts (REITs) using unit-root, variance ratio, duration dependence and regime switching regression tests. The regime switching method provides weak evidence of speculative bubble behaviour in both the mortgage and hybrid REITs sectors even though traditional econometric bubble tests do not provide evidence of rational speculative bubbles in all REIT markets. Findings suggest that price movement in mortgage and hybrid REITs may be induced by bubble-like behaviour of investors. This behaviour may be traced to the real estate market bubble. Our results provide evidence that the real estate bubble that started in early 2000 was transmitted into securitized real estate markets. A regime switching model ...

International Nuclear Information System (INIS)

Success in geothermal development can be defined as the ability to produce geothermal energy at compatible energy prices to other energy sources. Drilling comprises usually the largest cost in geothermal development, and the results of drilling is largely influencing the final price of geothermal energy. For 20 geothermal fields with operating power plants, the ratio between installed capacity and the total number of well in the field is 1.9 MWe/well. The drilling history in 30 geothermal fields are analyzed by plotting the average cumulative well outputs as function of the number of wells drilled in the field. The range of the average well output is 1-10 MWe/well with the mean value 4.2 MWe/well for the 30 geothermal fields studied. A leaning curve is defined as the number of wells drilled in each field before the average output per well reaches a fairly constant value, which is characteristic for the geothermal reservoir. The range for this ...

Energy Technology Data Exchange (ETDEWEB)

The regional impacts of ozone on corn, wheat, soybean, and peanut crops are estimated by using dose-response functions to relate ambient maximum 7 h/d seasonal ozone concentrations to crop productivity data. Linear dose-response functions were developed from open-top field chamber studies. It was assumed that the limited number of cultivars and growing conditions available for the analysis were representative of major agricultural regions. Hourly ozone data were selected to represent rural concentrations and used to calculate maximum 7-h/d average values. Seasonal ozone averages for counties were extrapolated from approximately 300 monitoring sites. Results must be interpreted with knowledge of these assumptions and sources of uncertainty. Impacts are calculated for county units for the conterminous United States with maps showing patterns and tables summarizing the potential magnitude of ozone effects on selected crop yields. The assessment estimates that approximately three billion ...

Science.gov (United States)

The objective of this paper is to reveal to what degree bio-based jet fuels (bio-jet) can reduce greenhouse gas (GHG) emissions from the US aviation sector. A model of the supply and demand chain of bio-jet involving farmers, bio-refineries, airlines, and policymakers is developed by considering factors that drive the decisions of actors (i.e. decision-makers and stakeholders) in the life cycle stages. Two kinds of feedstock are considered: oil-producing feedstock (i.e. camelina and algae) and lignocellulosic biomass (i.e. corn stover, switchgrass, and short rotation woody crops). By factoring in farmer/ feedstock producer and bio-refinery profitability requirements, land availability and suitability, as well as a time delay factor, a more realistic estimate of the level of bio-jet supply and emissions reduction can be developed under different oil price assumptions. Factors that drive bio-jet GHG emissions and unit production costs from each feedstock are ...

Energy Technology Data Exchange (ETDEWEB)

The purpose of this report is to determine if it is feasible to utilize the hot exhaust gas discharged from gas turbines in direct applications. This report illustrates the technical feasibility and economic viability of using gas turbines in drying applications. The size of turbines in this investigation ranges from 2 MW to 10 MW. In addition, an implementation strategy has been developed to employ this new system. The method used to structure the scope of this undertaking is as follows: Step 1. Collecting information by contacting dryer manufacturer and companies drying different products. Information was also gathered by literature studies and the internet. Thomas register is a great tool when it comes to company and market searches. Step 2. Looking into if it is technically possible to use the exhaust gas directly into dryers. The parameters needed for these calculations were gathered in step 1, and some of the more important are temperature, mass flow, heat demand, and information ...

Energy Technology Data Exchange (ETDEWEB)

Elf Aquitaine, a major international oil and gas company, has recently undergone a thorough reengineering of its research and development in exploration and production division. The aim of this reengineering, was to align the company R&D with its business strategy, and also to give a clear picture of two major features for a R&D portfolio: a duration profile (short, median or long term?) and a partnership profile (do it yourself, cooperate, outsource or let do elsewhere?). In short, we were trying to answer a basic question: How can we adapt our R&D to a durable context of low oil price (eg 15 $/bbl)? In our opinion, two preliminary statements ought to be made when dealing with the above issue. Firstly, R&D does not contribute equally to the factors of increased profitability, although it is certainly a major contributor to some of them (like obtaining new ventures, reducing costs, discovering new reserves out of current acreage, or improving the ...

Energy Technology Data Exchange (ETDEWEB)

Barsebaeck 1 was closed on 30 November 1999. Barsebaeck's output of approximately 4 TWh per year will primarily be replaced by imports from coal-fired plants in Denmark and Germany. During the year, the closure of Swedish fossil-fired condensing power stations continued. With that, over 3,000 MW of peak-load power has been shut down during recent years. Consequently, situations entailing shortages of power can arise. On the deregulated electricity market, it is only the system operators that have a satisfactory overview of the overall electricity balance. The Swedish Power Association has thus lobbied the government as regards the need to elucidate Svenska Kraftnaet's responsibility. In a governmental decision from December, Svenska Kraftnaet was given the task of, among other things, monitoring the available capacity during peak loads and developing market instruments that can contribute to safeguarding the availability of power during peak loads. Svenska Kraftnaet ...

International Nuclear Information System (INIS)

By August 2007, there were 438 nuclear power plants (NPPs) in operation worldwide, with a total capacity of 371.7 GW(e). Further, 31 units, totaling 24.1 GW(e), were under construction. During 2006 nuclear power produced 2659.7 billion kWh of electricity, which was 15.2% of the world's total. The vast majority of these plants use water-cooled reactors. Based on information provided by its Member States, the IAEA projects that nuclear power will grow significantly, producing between 2760 and 2810 billion kWh annually by 2010, between 3120 and 3840 billion kWh annually by 2020, and between 3325 and 5040 billion kWh annually by 2030. There are several reasons for these rising expectations for nuclear power: - Nuclear power's lengthening experience and good performance: The industry now has more than 12 000 reactor years of experience, and the global average nuclear plant availability during 2006 reached 83%; - Growing energy needs: All forecasts project increases in world energy demand, ...

International Nuclear Information System (INIS)

By August 2007, there were 438 nuclear power plants (NPPs) in operation worldwide, with a total capacity of 371.7 GW(e). Further, 31 units, totaling 24.1 GW(e), were under construction. During 2006 nuclear power produced 2659.7 billion kWh of electricity, which was 15.2% of the world's total. The vast majority of these plants use water-cooled reactors. Based on information provided by its Member States, the IAEA projects that nuclear power will grow significantly, producing between 2760 and 2810 billion kWh annually by 2010, between 3120 and 3840 billion kWh annually by 2020, and between 3325 and 5040 billion kWh annually by 2030. There are several reasons for these rising expectations for nuclear power: - Nuclear power's lengthening experience and good performance: The industry now has more than 12 000 reactor years of experience, and the global average nuclear plant availability during 2006 reached 83%; - Growing energy needs: All forecasts project increases in world energy demand, ...

Energy Technology Data Exchange (ETDEWEB)

This study compares the attitudes of academic and government wetlands scientists about wetlands science and policy. Analysis of one thousand seven hundred responses to Delphi-type questions posed to twenty California scientists on a wide range of issues about California coastal wetlands found significant differences between academic and government scientists about wetlands definitions, threats to wetlands, wetlands policies, wetlands health, and wetlands mitigation strategies. These differences were consistent with descriptive models of political sociology developed by D. Price and C.P. Snow and with normative models of the philosophy of science developed in the renaissance by F. Bacon and R. Descartes. Characteristics, preferences, and personality attributes consistent with group functions and roles have been described in these models. These findings have serious implications for policy. When academic and government wetlands scientists act as advisors to the major ...

Energy Technology Data Exchange (ETDEWEB)

The difficult economic circumstances with which almost the whole world had to contend, brought serious financial crisis in many countries. South Africa also had its own share of serious problems. Despite this situation, Transvaal Consolidated Land and Exploration Company, Limited, showed on increase in earnings of 24 per cent per share. The reason for this lies mainly in two areas. Firstly the company acquired the mining related business of Rand Mines, Limited. Included in the acquisition was a partfolio of shares mainly in the company's associated gold and uranium mining companies and additional shares in its listed coal mining subsidiaries. Secondly, the average gold price realised by producers in rand terms, was considerably higher than in the previous year. Consolidated profit attributable to members increased by 52 per cent to R82,6 million.

Energy Technology Data Exchange (ETDEWEB)

The sulfur-iodine water-splitting cycle is characterized by the following three reactions: 2H/sub 2/O + SO/sub 2/ + I/sub 2/ ..-->.. H/sub 2/SO/sub 4/ + 2HI; H/sub 2/SO/sub 4/ ..-->.. H/sub 2/O + SO/sub 2/ + 1/2 O/sub 2/; and 2HI ..-->.. H/sub 2/ + I/sub 2/. This cycle was developed at General Atomic after several critical features in the above reactions were discovered. These involved phase separations, catalytic reactions, etc. Estimates of the energy efficiency of this economically reasonable advanced state-of-the-art processing unit produced sufficiently high values (to approx.47%) to warrant cycle development effort. The DOE contract was largely directed toward the engineering development of this cycle, including a small demonstration unit (CLCD), a bench-scale unit, engineering design, and costing. The work has resulted in a design that is projected to produce H/sub 2/ at prices not yet generally competitive with fossil-fuel-produced H/sub 2/ but are ...

Energy Technology Data Exchange (ETDEWEB)

III-V semiconductors, GaAs and in particular InGaP, are used in many different electronic applications, such as high power and high frequency devices, laser diodes and high brightness LED. Their direct bandgap and high reliability make them ideal candidates for the realisation of high efficiency solar cells: in the past years they have been successfully used as power sources for satellites in space, where they are able to produce electricity from sunlight with an overall efficiency of around 30%. Nowadays, the use of arsenides and phosphides as photovoltaic (PV) devices is confined only to space applications since their price is much higher than conventional Si flat panel modules, the leading PV market technology. But with the introduction of multijunction solar cells capable of operating in high concentration solar light, the area and, therefore, the cost of these cells can be reduced and will eventually find an application and market also on Earth. This article ...

Energy Technology Data Exchange (ETDEWEB)

In 1980, Congress passed the energy security act which created the United States Synthetic Fuels Corporation. This entity was created to serve as a catalyst for the development of synthetic fuels projects by the private sector. Then what happened. Increased exploration in the United States stimulated by relaxation of price controls on oil produced an increase in reserves of these resources. Fuel conservation, combined with a reduced energy demand caused by a recession, significantly reduced our overall energy consumption and curtailed our imports of foreign crude oil. All of these factors combined have reduced the enthusiasm to invest in synthetic fuels plants, in spite of the fact that the difference between surplus and shortage is frighteningly thin. South Africa, compared to the U.S., is a small country. The Sasol Two and Sasol Three projects are equivalent to a U.S. investment of $400 billion, on a country size-by-size basis. It's hard to believe that ...

Energy Technology Data Exchange (ETDEWEB)

Since fuel oil meeting the requirements of current petroleum products can be produced by SASOL F-T synthetic process, the manufacturing process of hydrocarbon fuel oil from the coal-derived synthesis gas, downstream processes are being successively investigated. Mobile M-gasoline, MTG, process which produces gasoline from the natural gas-derived synthesis gas through methanol went into commercial operation in New Zealand in 1986. Although the gasoline suffices the quality of commercial gasoline by both fixed bed and fluidized bed systems, the price and service life of catalyst and control of by-product durene must be improved. Any STG processes have not been completed yet and the yield and quality of gasoline are inferior to those of gasoline produced by the MTG process. Applying two-stage process, the STG process will be more economically effective.(21 refs, 4 figs, 10 tabs)

Energy Technology Data Exchange (ETDEWEB)

Security of supply is defined as the availability and reliability of energy supply at acceptable prices. By security of energy supply we mean a globally large supply of reliable, affordable, clean energy. By virtue of its nature security of supply in the energy sector primarily requires making provisions for the future through exploration, innovation, research, diversification and investments in technology. Energy politics takes place in a tension field defined by the goals of economic efficiency, sustainability and security of supply. In the past there have been repeated shifts within this triad of goals. The task for a rational energy policy is to reconciliate these goals in a meaningful way. European energy policy is understood to comprise all sovereign measures taken by the European Union in the energy sector, in particular measures that impact on the supply and demand for energy resources. Energy law serves, or should serve, to bring energy policy to ...

International Nuclear Information System (INIS)

Inhalation of radon and its daughter products makes the major contribution to the total exposure of the population to natural radiations. In implementing a complex ecological survey, concentrations of radon and its daughter products were measured in different regions of Russia, namely, in the St. Petersburg Region, the Central Territories and the Altay Territory. Two suitable low price versions of the dosemeters for measuring environmental radon concentrations based on track-etch and activated-charcoal detectors were used. The radon daughter product activity and the effective dose equivalents were calculated with an equilibrium factor of 0.5 and a recommended effective dose equivalent factor of 0.061 mSv (Bq m"-"3)"-"1. Indoor measurements were taken in more than 1000 dwellings and public and industrial buildings of 21 towns and villages. The track chambers were exposed for about 2-3 months and the charcoal detectors for 6-10 days, mainly during the summer. The ...

Energy Technology Data Exchange (ETDEWEB)

The Quarterly Coal Report (QCR) provides comprehensive information about US coal production, distribution, exports, imports, receipts, prices, consumption, and stocks to a wide audience, including Congress, Federal and State agencies, the coal industry, and the general public. Coke production, consumption, distribution, imports, and exports data are also provided. The data presented in the QCR are collected and published by the Energy Information Administration (EIA) to fulfill data collection and dissemination responsibilities. This report presents detailed quarterly data for october through December 1997 and aggregated quarterly historical data for 1991 through the third quarter of 1997. Appendix A displays, from 1991 on, detailed quarterly historical coal imports data, as specified in Section 202 of the energy Policy and Conservation Amendments Act of 1985 (Public Law 99-58). Appendix B gives selected quarterly tables converted to metric tons. To provide a ...

Energy Technology Data Exchange (ETDEWEB)

Products having balanced melting point and decomposition temperature have been developed by employing nylon 6T fundamental molecular structure and selected copolymer components, Arlen being one of the products. It has heat resistance as good as that of super-engineering plastics, low water absorption, and excellent cost-performance which can be used for normal injection molding machines. The unit price per kilogram is low when its high heat resistance is taken into consideration. The coefficient of water absorption is as low as about 1/3 of that of nylon 66, and it can be considered to be a low water absorbing amide. The molding temperature is from 320[degree]C to 350[degree]C, the decomposition temperature is 395[degree]C at 2% weight decreasing temperature, and normal injection molding can be employed. It has excellent soldering resistance, high temperature rigidity, dimensional stability, water absorbing coefficient, as well as good chemical resistance and ...

International Nuclear Information System (INIS)

In this paper we apply stochastic programming modelling and solution techniques to planning problems for a consortium of oil companies. A multiperiod supply, transformation and distribution scheduling problem - the Depot and Refinery Optimization Problem (DROP) - is formulated for strategic or tactical level planning of the consortium's activities. This deterministic model is used as a basis for implementing a stochastic programming formulation with uncertainty in the product demands and spot supply costs (DROPS), whose solution process utilizes the deterministic equivalent linear programming problem. We employ our STOCHGEN general purpose stochastic problem generator to 'recreate' the decision (scenario) tree for the unfolding future as this deterministic equivalent. To project random demands for oil products at different spatial locations into the future and to generate random fluctuations in their future prices/costs a stochastic input data simulator is ...

International Nuclear Information System (INIS)

This paper summarizes the progress to date by CH2M HILL and the UKAEA in development of a parametric modelling capability for estimating the costs of large nuclear decommissioning projects in the United Kingdom (UK) and Europe. The ability to successfully apply parametric cost estimating techniques will be a key factor to commercial success in the UK and European multi-billion dollar waste management, decommissioning and environmental restoration markets. The most useful parametric models will be those that incorporate individual components representing major elements of work: reactor decommissioning, fuel cycle facility decommissioning, waste management facility decommissioning and environmental restoration. Models must be sufficiently robust to estimate indirect costs and overheads, permit pricing analysis and adjustment, and accommodate the intricacies of international monetary exchange, currency fluctuations and contingency. The development of a parametric cost ...

Science.gov (United States)

The US Department of Energy is carrying out a program of research and development to establish the capability to produce synthetic liquid fuels from coal. According to the National Energy Policy Plan IV, the Assistant Secretary of Fossil Energy is charged with carrying out a program to foster an adequate supply of energy at reasonable cost through innovative, long-term R and D. The payoff for this kind of research is potentially high if the country should need the capability on short notice. However, the research is also high risk in terms of the expectation of process for synthetic fuels to turn a profit for a private sector company. As the date when commercial quantities of synfuels will be needed has retreated before lower real prices of petroleum, the US DOE program for coal liquefaction has evolved to give increasing support to longer range, more exploratory technologies, rather than those nearly developed to the point where commercialization is possible. ...

Energy Technology Data Exchange (ETDEWEB)

This paper examines the dynamic international political economic environment in which petroleum exploration and production companies must operate when considering investments in the economically transitional nations of the former Soviet Union or developing nations In this period of critical global changes low oil prices is only one factor with which petroleum companies Must be. concerned in their investment decisions Other factors include the transition from a bipolar world to a multipolar world of free trade zones. the general malaise of the international economy public and political recognition that nations and industries can no longer practice environmental {open_quotes}beggar-thy-neighbor{close_quotes} policies, and the rejection of aggregate national economic growth policies for sustainable economic development policies in both the Developed and developing world This paper focuses on actions which investing petroleum exploration and production companies can ...

Energy Technology Data Exchange (ETDEWEB)

In this paper the problem of developing optimal bidding strategies for the participants of oligopolistic energy markets is studied. Special attention is given to the impacts of suppliers' emission of pollutants on their bidding strategies. The proposed methodology employs supply function equilibrium (SFE) model to represent the strategic behavior of each supplier and locational marginal pricing mechanism for the market clearing. The optimal bidding strategies are developed mathematically using a bilevel optimization problem where the upper-level subproblem maximizes individual supplier payoff and the lower-level subproblem solves the Independent System Operator's market clearing problem. In order to solve market clearing mechanism the multiobjective optimal power flow is used with supplier emission of pollutants, as an extra objective, subject to the supplier physical constraints. This paper uses normal boundary intersection (NBI) approach for ...

International Nuclear Information System (INIS)

The main objective of the present study is to investigate Turkey's natural gas (NG) demand and supplies by giving the structure of the Turkish gas industry, NG pricing policy, and NG agreements. Turkey began to import NG from Russia in 1987 under a contract that provided for the delivery of 6 billion cubic meters annually (Bcma) for 25 years. The first contract, signed in 1988, stipulates delivery of 2 Bcma over a 20-yr period. The build-up of the Turkish gas market started by introducing gas in power generation in 1987 and in fertilizer production in 1988. Later contracts provide for total imports of 4 Bcma from the late 1990s. NG sales started at 0.5 Bcm in 1987 and reached to around 16 Bcm in 2001. Turkish NG demand is projected to increase extremely rapidly in coming years, with the prime consumers expected to be NG-fired electric power plants and industrial users. (author)

Energy Technology Data Exchange (ETDEWEB)

The optimizing criterion is assumed to be the maximum net present value of the project. The following summarizes the significant conclusions. (1) Over a large range of discount rates, mining and milling of the mineral deposit at a constant cutoff grade and a constant production rate consistently results in smaller annual discounted cash flows than the optimal schedule determined by the dynamic programming model (dpm) where the cutoff grade and mining rate are allowed to vary in response to fluctuating product price. (2) With an increasing discount rate, under the dpm the annual discounted cash flows decrease at a slower rate than if the mineral inventory is mined and milled at a constant cutoff grade and a constant production rate. (3) Cuttoff grade increases only where higher equity ore is available. Thus, to maintain the mill feed requirement, the mining rate also increases. (4) Not withstanding an anamolous mineral deposit of high quality, the mining rate ...

Energy Technology Data Exchange (ETDEWEB)

The Zaafarana oilfield development, operated by Zaafarana Oil Co. (Zafco) presented a series of unique challenges, including redeployment of an internal-turret mooring system, use of a turret-based electrical-cable jumper system, and permanent use of cable-deployed electric submersible pumps in the gravel-pack well completions. Following a detailed three-dimensional (3D) seismic program, the field was discovered by the first well in December 1990. Four subsequent appraisal wells were drilled. The discovery well and two of the appraisal wells tested oil at rates ranging from 2,000 to 10,100 B/D. Initial development plans called for the use of two conventional platforms with a pipeline to a shore-based treatment and storage terminal. Data acquired from subsequent wells were incorporated into the mapping and reserve estimates resulting in a sharp downgrade of the estimated recoverable reserves. The reduced estimate, combined with a revised pricing scenario, ...

International Nuclear Information System (INIS)

The liberalization of the electricity sector requires utilities to develop sound operation strategies for their power plants. In this paper, attention is focused on the problem of optimizing the management of the thermal power plants belonging to a strategic producer that competes with other strategic companies and a set of smaller non-strategic ones in the day-ahead market. The market model suggested here determines an equilibrium condition over the selected period of analysis, in which no producer can increase profits by changing its supply offers given all rivals' bids. Power plants technical and operating constraints are considered. An iterative procedure, based on the dynamic programming, is used to find the optimum production plans of each producer. Some combinations of power plants and number of producers are analyzed, to simulate for instance the decommissioning of old expensive power plants, the installation of new more efficient capacity, the severance of large dominant ...

International Nuclear Information System (INIS)

Many governments around the world are focusing on emissions reduction through energy efficiency improvements, particularly on the demand side. Although Integrated Resource Planning (IRP), which considers both supply-side and demand-side options, had been a useful tool in the planning process for the power industry, its effectiveness has been challenged recently with the restructuring of the power sector that has occurred in China and elsewhere around the world. The paper proposes Integrated Resource Strategic Planning (IRSP) as an alternative to IRP in a deregulated power sector. IRSP takes the resource planning process one step further to the national level. In this paper, the authors demonstrate the tremendous potential for efficiency improvements on both the supply and demand sides of the power sector in China with IRSP. The results show that between 2009 and 2020, the potential for electricity savings will reach about 1228.5 TWh, and the potential reduction in carbon dioxide (CO_2) ...

International Nuclear Information System (INIS)

A statistical survey is conducted of air pollution in the city of Rome (Italy) due to conventional building space heating systems burning fossil fuels. The survey identifies the annual consumption of the different fuels and the relative amounts of the various pollutants released into the atmosphere by the heating plants, e.g., sulfur and nitrogen oxides, carbon monoxide, etc. Comparisons are then made between the ratios of urban heating plant air pollutants produced per tonne of fuel employed and those for ENEL (Italian National Electricity Board) coal, oil and natural gas fired power plants, in order to demonstrate the better environmental performances of the utility operated energy plants. The building space heating system energy consumption and pollution data are then used in a cost benefit analysis favouring the retrofitting of conventional heating systems with heat pump systems to obtain substantial reductions in energy consumption, heating bills and urban air pollution. The use ...

Energy Technology Data Exchange (ETDEWEB)

This study is part of a greater project from IPT (Sao Paulo's Institute of Technology), which foresaw an energetic use for elephant-grass (Pennisetum purpureum). Biomass gasification is an sustainable option for energy supply, which presents low pollutants emission rate and allows - through the global cycle of growing and consumption of feedstock (vegetables), a balance between consumption and production of carbonic gas, preventing an increase of the carbonic gas levels in the atmosphere. A gasifier was built with internal diameter of 400 mm and total height of 4600 mm . The equipment was tested for gasification of elephant-grass (Pennisetum purpureum) at a 100 kg/h rate. The equipment was tested and some constructive faults were detected. In the countryside, this biomass is commonly used for cattle feeding It was evaluated an adequate diesel-electric-generator. to work at hybrid regime, using 70% biomass gas and 30% diesel. With the equipment's construction costs, ...

Energy Technology Data Exchange (ETDEWEB)

A life cycle assessment was performed to quantify the non-renewable (fossil) energy use and global warming potential (GWP) in electricity generation from a typical gas fired combined cycle power plant in Singapore. The cost of electricity generation was estimated using a life cycle cost analysis (LCCA) tool. The life cycle assessment (LCA) of a 367.5 MW gas fired combined cycle power plant operating in Singapore revealed that hidden processes consume about 8% additional energy in addition to the fuel embedded energy, and the hidden GWP is about 18%. The natural gas consumed during the operational phase accounted for 82% of the life cycle cost of electricity generation. An empirical relation between plant efficiency and life cycle energy use and GWP in addition to a scenario for electricity cost with varying gas prices and plant efficiency have been established.

Energy Technology Data Exchange (ETDEWEB)

The utilization of GaAs in photovoltaic (PV) applications has been hindered by the cost of substrates and processing. This paper examines the cost effectiveness of GaAs cells for use in concentrator modules when produced at the 10 to 50 MW level per year. Information on costs associated with substrates, epitaxial processing, and subsequent device fabrication will be compared to allowable costs as projected by the US Department of Energy (DOE). The high cot of GaAs solar cells can be mitigated by use of low-cost substrates or high-concentration systems. The costs then can be accommodated when the production level is sufficiently high to take advantage of economies of scale in device processing and substrate price benefits when procured at high volumes. We have found that development of processing equipment, both for the epitaxial growth and device processing, is the key to obtaining production costs consistent with DOE goals. Successfully achieving these cost goals ...

Energy Technology Data Exchange (ETDEWEB)

The paper deals briefly with the basic nature of financial activity and markets and of the intermediaries, including banks, within these markets. It is argued that efforts by the authorities to affect monetary policy through controls on bank lending (quantitative and interest rates) are inefficient and only lead to circumvention. To the degree that prices (interest rates) are kept down in one area, they will be higher in another, and supply of credit reduced from one source will encourage a greater supply from another. The Campbell Committee's recommendations, if implemented, are likely to result in freer financial markets and to improve the resource development sector's access to finance. Clear examples would be the removal of foreign exchange restrictions and the setting up of a market-oriented exchange rate system. However, in one sense this access may be narrowed as the extension of bank-type prudential controls to bank subsidiaries and to all ...

Energy Technology Data Exchange (ETDEWEB)

The pilot project of the conversion of the green forage drying plant Lengenfeld to biomass firing could not be realized without problems. But the experience until now shows that it is in principle possible. The farmers involved are devoted to the project. For them the cultivation of biomass is an alternative to the abandonment of fields. The present low oil price sets limits to the positive income effect. The aim is an increase of the biomass share in heating energy supply to about 80%. (orig.) [Deutsch] Die Umstellung der Gruenfuttertrocknung Lengenfeld auf Biomassefeuerung ist als Pilotprojekt nicht ohne Probleme moeglich gewesen. Die bisherigen Erfahrungen zeigen jedoch die grundsaetzliche Praktikabilitaet. Die beteiligten Landwirte sind engagiert bei der Sache und schaetzen die Produktionsmoeglichkeit als Alternative zur Flaechenstillegung. Der derzeit niedrige Oelpreis setzt der positiven Einkommenswirkung jedoch enge Grenzen. Eine Erhoehung des ...

International Nuclear Information System (INIS)

Once the definition of the CHP (combined heat and power generation) certificate is clear, demand for it can be organised in several ways. A well-designed system of mandatory demand, by means of an obligation to acquire a certain amount of CHP certificates each year, is effective to meet the policy target. The voluntary willingness to pay for CHP certificates is likely to be small, resulting in a very thin market. Finally, instead of creating a demand solely targeted at the CHP certificates, demand could also result from interacting policy schemes such as emissions trading. Assuming that a CHP certificate scheme is going to be introduced, we would recommend to issue standard CHP certificates based on additional ('fuel-free') kWh output (substitution approach with standard certificates) and create demand by means of an incentive on electricity supply companies to purchase CHP certificates. The incentive could either be quantitative (an obligation) or a price ...

International Nuclear Information System (INIS)

Full text.This paper is to investigate the potentials and possibilities of electrical generation via wind turbine. Special attention is directed to the interpretation of wind generation characteristics and parameters found in Lebanon and linking the electrical energy to the Lebanese slectric grid. Although much of the wind energy research is very well established and boomed globally (USA, Europe, India and China), in Lebanon is never used. At a time when climate scientists are increasingly concerned about carbon dioxide emissions from coal and diesel plants, and the nuclear industry is drying, the significance of a major new source os electricity is clear. there are many motives and feasibility criteria for qind power generation in Lebanon. They include the need for increasing the Lebanese electrical capacity, reducing air pollution, alternative energy sources and prices and availability of oil. The work will include literature survey on current wind energy ...

Energy Technology Data Exchange (ETDEWEB)

The demand for high-quality fibres and shives from hemp and flax as an alternative raw material for the automotive and building industry is increasing. Fibres are used primarily for composite reinforcement instead of synthetic fibres. Shives are used for animal bedding, but processing trials in wood industry for the production of low weight particle boards from shives are also very promising. Fibre producers require experience in cultivation and harvesting as well as modern processing technologies in order to supply flax fibres or shives at competitive prices under the changing conditions of international raw material markets. A complete processing line has been developed, installed and tested at the Leibniz Institute for Agricultural Engineering (ATB) to study all the processing stages of fibre production. The new ATB line can produce high quality fibres and shives from retted and unretted hemp, flax and oilseed flax straw without technical changes of the machine ...

International Nuclear Information System (INIS)

The outlook for natural gas (from both supply and price perspectives) has improved dramatically since the late 1970s, and significant advances have been made in electrical generation technologies which use gas. For example, gas-fired combined-cycle turbine units have become even more efficient and reliable. These units can be installed quickly (12 to 24 months versus 8 to 15 years for coal and nuclear units), and they may be brought on-line in small incremental blocks. This modular construction feature offers greater flexibility to utility planners, and the relatively low capital cost of combined-cycle units reduces financial uncertainties. The purpose of this chapter is to compare two electric power generating options, a new coal-fired powerplant and a new natural gas fired combined-cycle unit, from both economic and environmental perspectives. The comparison is based on a 240 megawatt baseload system.

Energy Technology Data Exchange (ETDEWEB)

North Dakota Concrete Products Company uses a steam curing process that accelerates the concrete curing so that 28-day strength is obtained within 24 hours. The cost of energy required to accomplish this is significant, amounting to approximately $80,000 in 1980. The present boilers are oil fired. Recently, fuel oil prices have increased substantially. Further, supply shortages in the past have threatened plant production. The purpose of this study was to evaluate the economic feasibility of using deep formation warm water as an alternative energy source. A water-to-water heat pump system to replace the existing boiler system was investigated. TPI, Inc. economic and engineering findings for this particular potential geothermal application are disclosed. The operating cost savings of the geothermal system over the operating costs of the existing oilfired system would be insufficient to provide an acceptable rate of return on the investment at todays cost of money.

Energy Technology Data Exchange (ETDEWEB)

There are many factors contributing to the changes taking place within the electric utility industry. The environmental pressures on the industry are substantial and include the global warming issue, hazardous and nuclear waste challenges, air toxicities, and the electromagnetic field controversy. An issue of special concern is deregulation of the industry, which brought with it retail wheeling, wholesale wheeling, transmission access, and market-based pricing, all of which have greatly shaken the industry. The changes are expected to happen quickly. This is quite different from the 31 years it took to deregulate the telecommunications industry, the 15 to 20 years for railroads, the 9 years for the natural gas industry, and the 2 years for the airline industry. Historically there has been a general willingness among the utilites to share information through collaborative research. Research and development is viewed as a cost and not an investment in the electric ...

International Nuclear Information System (INIS)

Research is in progress to obtain a satisfactory creep ductility for alloy 800 when used as heat exchanger material in sodium-cooled fast reactors (LMFBR). The creep test characteristics at present available show that a pronounced tendency to reduced elongation by creep failure may arise after prolonged testing in the 500-700 deg C temperature range. This phenomenon is now agreed to be primarily inherent to the conditions for Ni_3(Ti,Al) precipitation in the material and hence to the Ti and Al concentrations. By structural studies and hardness measurements on material subjected to creep tests and taken from a large number of castings, the relationship was established between the (Ti+Al) content and the structural hardness effect of Ni_3(Ti,Al) at 600 deg C. Below a certain Ti+Al concentration, no precipitation occurs and hence the creep ductility to failure can be improved considerably by limiting the allowed Ti+Al content in the material, though at the price of ...

International Nuclear Information System (INIS)

Scenarios are developed for spent fuel that is taken out of the nuclear reactor and stored for 20 years before reprocessing, and three storage techniques which use a water pool, dry cask or vault are compared with respect to their costs. The storage price (storage cost per kilogram of spent fuel), which is employed as the economic index, is calculated on the assumption that all the charge is paid when the spent fuel is brought in the storage facilities. Four scenarios are assumed for spent PWR and BWR fuels to be stored in at-reactor (AT) or away-from-reactor (AFR) facilities. The capital costs cover the buildings of the storage facilities, equipment, decommissioning, casks for transportation and storage (for cask storage) and casks for transportation (for water pool or vault storage). Costs for operation and maintenance of the facilities are also considered in evaluating these methods. Evaluation results show that the dry cask method is the most advantageous for ...

DEFF Research Database (Denmark)

Reactions of consumers to the appearance and taste of pork with and without information concerning outdoor production of pigs were tested in France, Denmark, Sweden and UK. Consumers in all four countries focussed on colour and fatness rather than marbling and drip to make their choice. Almost half of the British and Danish preferred the paler and the French the darker pork. Most people preferred the leaner pork. When information was provided in the form of labels, the vast majority of consumers preferred the pork labelled as originating from their own country as opposed to 'imported' and that labelled as pork from pigs 'raised outside' as opposed to 'inside'. There was no difference in the taste of grilled pork from indoor and outdoor production systems but pork labelled 'home produced' or 'outdoor' were more appreciated. Consumers' willingness to pay varied widely and was higher for those consumers who found more of the characteristics they sought. Consumers offered about 5% more for ...

Energy Technology Data Exchange (ETDEWEB)

Continually rising energy prices in global markets highlights a serious concern about the need to improve energy efficiency and the efficiency in energy sector in many countries. China, as one of the fastest growing countries in the world and the largest coal producer, has high coal consumption but a low recovery rate of coal utilization. Coal efficiency and the efficiency in coal industry have therefore attracted a great deal of attention from Chinese policy makers, coal firms and academics. This study attempts to compare the relative technical efficiency performance of listed coal mining companies in China and the US using CCR and BCC models in the advanced DEA linear programming. The results show that the level of relative efficiency in Chinese coal mining enterprises, regardless of total technical efficiency or decomposed pure technical and scale efficiency, is much lower than in American coal firms. The study also highlights the input resources that cause the ...

Energy Technology Data Exchange (ETDEWEB)

Continually rising energy prices in global markets highlights a serious concern about the need to improve energy efficiency and the efficiency in energy sector in many countries. China, as one of the fastest growing countries in the world and the largest coal producer, has high coal consumption but a low recovery rate of coal utilization. Coal efficiency and the efficiency in coal industry have therefore attracted a great deal of attention from Chinese policy makers, coal firms and academics. This study attempts to compare the relative technical efficiency performance of listed coal mining companies in China and the US using CCR and BCC models in the advanced DEA linear programming. The results show that the level of relative efficiency in Chinese coal mining enterprises, regardless of total technical efficiency or decomposed pure technical and scale efficiency, is much lower than in American coal firms. The study also highlights the input resources that cause the ...

Energy Technology Data Exchange (ETDEWEB)

The increasing price differential between natural gas and coal will create a demand for technology that can allow the displacement of natural gas with coal in power plants. Coal gasification is the standard approach suggested to allow coal to displace natural gas. However, the relatively high capital investment required for coal gasification will require fuel cost differentials higher than those anticipated in the near term before coal gasification replaces natural gas. One way of achieving shorter term displacement of natural gas by coal would be to develop technology that would allow coal to be used as the heat source for the endothermic reforming of natural gas. In a natural gas-fired combined cycle power plant, the endothermic heat of reforming, which would be provided by coal combustion, is recovered in the combined-cycle. Therefore, this portion of the coal`s energy would be converted to electrical power at the high efficiency of the gas-fired combined-cycle. ...