WorldWideScience

Sample records for current fuel prices

  1. Why fuel prices differ

    International Nuclear Information System (INIS)

    Rietveld, P.; Woudenberg, S. van

    2005-01-01

    Fuel taxes differ largely between countries. This paper reviews a number of considerations from the theory of public finance that may explain these differences. Based on a multiple regression model, we find for tax competition in Europe that small countries tend to be more aggressive than large countries by charging lower fuel taxes to attract customers from neighbouring countries. There is strong evidence that fuel is just considered as one of the many sources for government expenditure: as the share of government expenditure in GDP is higher, the fuel tax tends to be higher. No support is found for the hypothesis that fuel taxes are higher in countries where externality problems are more severe (proxied by car density of the country). In this respect, the normative literature on pricing externalities has found little support in the realities of transport policy. (author)

  2. Motor fuel prices in Turkey

    International Nuclear Information System (INIS)

    Erdogdu, Erkan

    2014-01-01

    The world's most expensive motor fuel (gasoline, diesel and LPG) is sold most likely in the Republic of Turkey. This paper investigates the key issues related to the motor fuel prices in Turkey. First of all, the paper analyses the main reason behind high prices, namely motor fuel taxes in Turkey. Then, it estimates the elasticity of motor fuel demand in Turkey using an econometric analysis. The findings indicate that motor fuel demand in Turkey is quite inelastic and, therefore, not responsive to price increases caused by an increase in either pre-tax prices or taxes. Therefore, fuel market in Turkey is open to opportunistic behavior by firms (through excessive profits) and the government (through excessive taxes). Besides, the paper focuses on the impact of high motor fuel prices on road transport associated activities, including the pattern of passenger transportation, motorization rate, fuel use, total kilometers traveled and CO 2 emissions from road transportation. The impact of motor fuel prices on income distribution in Turkey and Turkish public opinion about high motor fuel prices are also among the subjects investigated in the course of the study. - Highlights: • The key issues (e.g. taxes) related to motor fuel prices in Turkey are explored. • Their impact on transport activities and income distribution is also investigated. • An econometric analysis is performed to estimate motor fuel demand in Turkey. • Motor fuel demand in Turkey is found to be quite inelastic. • Turkish fuel market is open to opportunistic behavior by firms and the government

  3. Higher fuel and food prices

    DEFF Research Database (Denmark)

    Arndt, Channing; Benfica, Rui; Maximiano, Nelson

    2008-01-01

    of Mozambique indicates that the fuel price shock dominates rising food prices from both macroeconomic and poverty perspectives. Again, negative impacts are larger in urban areas. The importance of agricultural production response in general and export response in particular is highlighted. Policy analysis...... analysis indicates that urban households and households in the southern region are more vulnerable to food price increases. Rural households, particularly in the North and Center, often benefit from being in a net seller position. Longer-term analysis using a computable general equilibrium (CGE) model...

  4. FUEL PRICES AND CAR SALES

    OpenAIRE

    Vlad Cârstea

    2008-01-01

    Automotive industry is a very important economic sector that is highly responsive to changes in the world economy. The fuel price is the biggest enemy of car manufacturers. This is a compared analysis between Europe and Romania regarding new car registrations.

  5. Implicit CO_2 prices of fossil fuel use in Switzerland

    International Nuclear Information System (INIS)

    Schleiniger, Reto

    2016-01-01

    This study aims to assess the efficiency of the fossil fuel taxation scheme currently in effect in Switzerland. To this end, the concept of implicit CO_2 prices is introduced, based on which prices for different fossil fuel uses are derived. Implicit CO_2 prices are defined as the difference between actual prices paid by consumers and efficient domestic fuel prices. Efficient domestic fuel prices, in turn, consist of private production costs, a uniform value added tax and only local external costs, not including external costs due to CO_2 emissions and global climate change. The resulting prices differ substantially, which suggests that there is considerable cost-saving potential in reducing CO_2 emissions in Switzerland. For passenger cars and air traffic, the implicit prices are negative. For these uses, higher fuel charges would therefore be beneficial from a purely domestic perspective, i.e., without considering the negative repercussions of global warming. - Highlights: •Efficient fossil fuel policy must take into account local and global externalities. •Implicit CO_2 prices are applied as efficiency indicator of fossil energy policy. •Implicit CO_2 prices vary strongly for different fossil fuel uses in Switzerland. •There is a large cost-saving potential in terms of reducing CO_2 emissions.

  6. 10 CFR Appendix II to Part 504 - Fuel Price Computation

    Science.gov (United States)

    2010-01-01

    ... DEPARTMENT OF ENERGY (CONTINUED) ALTERNATE FUELS EXISTING POWERPLANTS Pt. 504, App. II Appendix II to Part... effects of future real price increases for each fuel. The delivered price of an alternate fuel used to calculate delivered fuel expenses must reflect the petitioner's delivered price of the alternate fuel and...

  7. Fuel Price Effects on Readiness

    Science.gov (United States)

    2014-05-01

    have also excluded liquefied propane gas ( LPG ), from this study. 10 through four IDIQ...Wide Fuel Management 1. DLA’s Role DLA-E has the mission of acquiring, storing, selling, and distributing energy including petroleum, natural gas ...energy, and installations also use energy in the form of electricity (11 percent), natural gas (8 percent), and coal (2 percent). See Schwartz, Blakely

  8. Predicting Argentine Jet Fuel Prices

    Science.gov (United States)

    2007-03-01

    economics, engineering, and the social and biological sciences (Kutner, 2005:2), but successful application of this method requires not only a deep...situations that affected the country. This crisis had politic, economic and social implications. Five presidents governed in a two month period. The...Scheimberg Sebastian. “Comentario al trabajo de German Coloma: Analisys of the behavior of the Argentine fuel market”. Political Economy Asociation

  9. The importance of vehicle costs, fuel prices, and fuel efficiency to HEV market success.

    Energy Technology Data Exchange (ETDEWEB)

    Santini, D. J.; Patterson, P. D.; Vyas, A. D.

    1999-12-08

    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 Corolla with automatic transmission (11 seconds 260 time). The base incremental retail price range, projected a decade hence, is $3,200-$3,750, before considering battery replacement cost. Historical data are analyzed to evaluate the effect of fuel price on consumer preferences for vehicle fuel economy, performance, and size. The relationship between fuel price, the level of change in fuel price, and consumer attitude toward higher fuel efficiency is also evaluated. A recent survey on the value of higher fuel efficiency is presented and U.S. commercial viability of the hybrids is evaluated using discount rates of 2090 and 870. Our analysis, with our current HEV cost estimates and current fuel savings estimates, implies that the U.S. market for such HEVS would be quite limited.

  10. Fuel price impacts and compliance costs associated with the Renewable Fuel Standard (RFS)

    International Nuclear Information System (INIS)

    Christensen, Adam; Siddiqui, Sauleh

    2015-01-01

    US policy instruments concerning vehicle biofuels are currently being revisited. For example, as part of an on-going annual Renewable Fuel Standard (RFS) implementation, the Environmental Protection Agency (EPA) requests stakeholder feedback/analysis of programmatic effects, including impacts on gasoline/diesel prices and compliance costs. Motivated by the need for regulatory-specific feedback, a novel regional market model is developed that quantifies price impacts across different regional markets for a number of market variables, including several types of compliance certificates known as Renewable Identification Numbers (RINs). An analysis of the most recent EPA proposal suggests that the D4 (biodiesel) RIN price could rise to >$1.00/RIN. Sensitivity results show that the D4 RIN price is highly sensitive to soybean oil prices, while D5/D6 RIN prices are most sensitive to the volume of E85 consumed. It was found that the projected costs associated with the RFS in 2017 could be reduced by approximately 50% if an additional 600 million gallons of E85 were consumed. The analysis also suggests that the RFS does not dramatically affect the retail price of either gasoline and diesel fuels paid by consumers. - Highlights: • The most recent EPA could cause the biodiesel RIN price to rise to >$1.00/RIN. • D5/D6 RIN prices are most sensitive to the volume of E85 consumed. • Retail prices for fuel do not change dramatically. • 2017 compliance costs could fall by 50% if more E85 were consumed.

  11. A long-term view of worldwide fossil fuel prices

    International Nuclear Information System (INIS)

    Shafiee, Shahriar; Topal, Erkan

    2010-01-01

    This paper reviews a long-term trend of worldwide fossil fuel prices in the future by introducing a new method to forecast oil, natural gas and coal prices. The first section of this study analyses the global fossil fuel market and the historical trend of real and nominal fossil fuel prices from 1950 to 2008. Historical fossil fuel price analysis shows that coal prices are decreasing, while natural gas prices are increasing. The second section reviews previously available price modelling techniques and proposes a new comprehensive version of the long-term trend reverting jump and dip diffusion model. The third section uses the new model to forecast fossil fuel prices in nominal and real terms from 2009 to 2018. The new model follows the extrapolation of the historical sinusoidal trend of nominal and real fossil fuel prices. The historical trends show an increase in nominal/real oil and natural gas prices plus nominal coal prices, as well as a decrease in real coal prices. Furthermore, the new model forecasts that oil, natural gas and coal will stay in jump for the next couple of years and after that they will revert back to the long-term trend until 2018. (author)

  12. Food versus fuel: What do prices tell us?

    International Nuclear Information System (INIS)

    Zhang Zibin; Lohr, Luanne; Escalante, Cesar; Wetzstein, Michael

    2010-01-01

    Sorting out the impacts of biofuels on global agricultural commodity prices is impossible without turning to data and distinguishing between the short-run versus the long-run impacts. Using time-series prices on fuels and agricultural commodities, the aim is to investigate the long-run cointegration of these prices simultaneously with their multivariate short-run interactions. Results indicate no direct long-run price relations between fuel and agricultural commodity prices, and limited if any direct short-run relationships. In terms of short-run price movements, sugar prices are influencing all the other agricultural commodity prices except rice. With sugar the number one world input for ethanol, results indicate increased ethanol production is potentially influencing short-run agricultural commodity prices. Overall, results support the effect of agricultural commodity prices as market signals which restore commodity markets to their equilibria after a demand or supply event (shock).

  13. Retail fuel price adjustment in Germany: A threshold cointegration approach

    International Nuclear Information System (INIS)

    Asane-Otoo, Emmanuel; Schneider, Jan

    2015-01-01

    Consumers in Germany often complain that retail fuel prices usually adjust quickly to crude oil price increases than decreases and characterize this pricing pattern as market power exploitation. In this paper, we use both weekly national and daily city-specific (Berlin, Hamburg, Munich and Cologne) data to investigate the extent to which retail fuel prices in Germany adjust to changes in the international crude oil price. At the national level with weekly prices, we find positive asymmetries for both gasoline and diesel within the period 2003–2007, reflecting that retail prices react more swiftly to crude oil price increases than decreases. In contrast, for 2009–2013, we observe symmetric adjustment and negative asymmetry for retail diesel and gasoline prices, respectively. The city level analysis supports our findings in the latter time period. Thus, regulatory measures aimed at the retail fuel market over recent years seem to have been effective, and, contrary to consumers' perception, we find no evidence for excessive market power or collusion. - Highlights: • The paper examines the adjustment of German retail fuel (gasoline and diesel) prices to international crude oil price changes. • An error correction model with threshold cointegration is used to investigate the price dynamics. • The findings generally point to a competitive retail fuel pricing, notwithstanding the oligopolistic market structure

  14. Biodiesel as a motor fuel price stabilization mechanism

    International Nuclear Information System (INIS)

    Serra, Teresa; Gil, José M.

    2012-01-01

    This article studies the capacity of biofuels to reduce motor fuel price fluctuations. For this purpose, we study dependence between crude oil and biodiesel blend prices in Spain. Copula models are used for this purpose. Results suggest that the practice of blending biodiesel with diesel can protect consumers against extreme crude oil price increases. - Highlights: ► We study the capacity of biofuels to reduce fuel price fluctuations. ► We focus on Spanish biodiesel market. ► Biodiesel and crude oil price dependence is studied using copula functions. ► Biodiesel can protect consumers against extreme crude oil price increases.

  15. Fuel switching? Demand destruction? Gas market responses to price spikes

    International Nuclear Information System (INIS)

    Lippe, D.

    2004-01-01

    This presentation defined fuel switching and addressed the issue regarding which consumers have the capability to switch fuels. In response to short term price aberrations, consumers with fuel switching capabilities reduce their use of one fuel and increase consumption of an alternative fuel. For example, natural gas consumption by some consumers declines in response to price spikes relative to prices of alternative fuels. This presentation also addressed the issue of differentiating between fuel switching and demand destruction. It also demonstrated how to compare gas prices versus alternative fuel prices and how to determine when consumers will likely switch fuels. Price spikes have implications for long term trends in natural gas demand, supply/demand balances and prices. The power generating sector represents a particular class of gas consumers that reduce operating rates of gas fired plants and increase operating rates of other plants. Some gas consumers even shut down plants until gas prices declines and relative economies improve. Some practical considerations for fuel switching include storage tank capacity, domestic refinery production, winter heating season, and decline in working gas storage. tabs., figs

  16. The economic cost of fuel price subsidies in Ghana

    Science.gov (United States)

    Ofori, Roland Oduro

    I adapt the Harberger formula for deadweight loss to develop approximations for the deadweight loss created by multiple fuel price subsidies. I also estimate the own-price, cross-price, and income elasticities of demand for gasoline and diesel in Africa. I use data on fuel prices and sales in combination with my formulas and elasticity estimates to calculate the deadweight loss of fuel price subsidies in Ghana from 2009 to 2014. I show that the average efficiency cost of the gasoline and diesel price subsidies in Ghana is 0.8% of fuel price subsidy transfers. This result stresses the futility of basing subsidy reforms on economic efficiency losses, which are relatively small due to very inelastic energy demand, and the need for such reforms to be motivated by the poor-targeting of subsidies to low-income households and the impact of subsidies on government debt-financing.

  17. Regional prices in the Swedish wood-fuel market

    International Nuclear Information System (INIS)

    Hillring, Bengt

    1999-01-01

    This paper analyses, through a statistical survey, the regional distribution of prices on the commercial wood-fuel market for district heating plants and the pellets market for single family houses. The existing market watch of the national Swedish wood-fuel market has been developed for both refined and unrefined wood-fuels. The last five years the trend for wood-fuel prices on the district heating market has been stable, with a slight increase in the price of refined wood-fuels. However, on the young and fast-growing household market for pellets, prices have increased 12% during the last three years. The distribution of prices for northern, middle and southern Sweden indicates differences within 5% between the regions. The limited price difference between Swedish regions are a product of a large domestic supply and an increasing trade among regions in Europe, putting pressure on prices. Regional differences, mirrored as transportation distances and local production costs are key factors that could explain this regional price variation. However, the development of a commercial market with less regulation tends to level out prices. Consumers on the household market purchase small quantities and do not have the same possibility as district heating companies to take advantage of the oversupply opportunity and thus face a faster price development. The weaker market position of the consumers also tends to give homogeneous prices between regions of the residential sector. (Author)

  18. Determination of the fuel component in the cost price of the energy production in NPP

    International Nuclear Information System (INIS)

    Lakov, M.; Velev, V.

    1997-01-01

    An approach is proposed for the determination of the fuel component in the cost price of the nuclear units production with regards of the difference between the time of the fuel consumption and the energy production. This method gives the opportunity for fuel consumption prognostication, as well as an optimization of both short and long term fueling regimes. This approach permits current update of the economic conditions and the pre-history of the investments. It can be used both for the determination of the fuel component and the full cost price of the energy production in NPPs.(author)

  19. Wood fuel price survey for 2008 and 2009. Synthesis

    International Nuclear Information System (INIS)

    2010-01-01

    Based on interviews on telephone with wood fuel vendors and wholesalers, pellet producers, local community boiler managers, and individuals, this study, while giving several data figures and tables, proposes a price analysis for the housing sector (price evolution for individuals for different kinds and sizes of fuel woods), a comparison with other fuels and energies (electricity, gas) whether wood is used as the primary or secondary heating mean. It also comments the price scattering. It proposes the same kind of analysis for local communities

  20. Fuel pricing policies in South America and Mexico. Economic and environmental implications

    International Nuclear Information System (INIS)

    Altomonte, H.; Rogat, J.

    2004-01-01

    Increasing industrialisation and income levels in developing countries are leading to increased demand for energy. A vast majority of this energy is based on fossil fuels, where oil represents the largest share. The burning of fossil fuels gives rise to emissions of gases with severe impacts on local and global environment, and most importantly on human health. In spite of this, oil consumption has been steadily increasing during the last decades, and is expected to continue doing so. According to the IPCC's second assessment report, the use of energy and in particular of fossil fuels, is expected to double by 2020. In Latin America, fuel prices have historically been well below world market prices. Prior to energy reforms in the early 1990s, energy prices did not follow conventional marginal cost or opportunity cost pricing rules, but where instead set with particular regard for income distribution goals or with the avowed purpose of promoting industrialization. This situation started to change in a number of countries at the end of the 1980s as a result of energy reforms, which included changes in pricing policies. These reforms allowed for private sector participation in the exploration, production and distribution of these products, thuds leading in most of the countries to the pricing system being decentralised and profitability criteria being incorporated into the state owned companies. In some countries where energy had been heavily subsidised, energy reforms contributed to reducing or dismantling subsidies and thereby to price levels more in line with those of industrialized countries. Nevertheless, in several countries of the region energy subsidies are still in place. These subsidies are creating market distortions, with prices still well below world market prices being one of the results. The objective of this study is twofold. The first objective is to map current fuel pricing in a number of South American countries and Mexico. This information will

  1. Fuel prices around the world: From prosperity to turmoil

    International Nuclear Information System (INIS)

    Anon.

    1992-01-01

    This issue examines price changes of petroleum products in some 40 countries around the world. Both political turmoil and economic prosperity shape government policy in managing consumer prices of petroleum products. Brazil has experienced extreme political and economic instability that sent prices skyrocketing and the national currency plummeting. Meanwhile, economic growth in South Korea has given the population the wealth for automobiles and stretched the country's ability to supply its unquenchable demand. Fuel prices around the world were higher in July 1992 than in January 1992, mainly due to higher crude prices. This issue also presents the following: (1) the ED Refining Netback Data Series for the US Gulf and West Coasts, Rotterdam, and Singapore as of October 23, 1992; and (2) the ED Fuel Price/Tax Series for countries of the Eastern Hemisphere, October 1992 edition

  2. Price transparency on the market for automotive fuels. Final report

    International Nuclear Information System (INIS)

    Meindert, L.; Van Schijndel, M.; Volkerink, B.

    2011-05-01

    The objective of this study is to answer the main question: which bottlenecks may obstruct the road to up-to-date, reliable and fully market covering price comparison services for the Dutch market for automotive fuels. [nl

  3. Transportation fuel prices around the world, first half 1993

    International Nuclear Information System (INIS)

    Anon.

    1993-01-01

    This survey of 41 countries reveals that while most countries experienced higher prices in national currencies, a stronger dollar resulted in lower U.S. dollar adjusted fuel prices during the first half of the year. Currency exchange rate depreciation against the dollar was the predominant fact around the world

  4. The Cost of SOx Limits to Marine Operators; Results from Exploring Marine Fuel Prices

    Directory of Open Access Journals (Sweden)

    Orestis Schinas

    2013-06-01

    Full Text Available Marine operators are confronted with the new air emissions regulations that determine the limits of sulfur content in marine fuels. The low-sulfur (LS marine fuels have a higher price, and their fluctuation is almost similar to the fluctuation of high-sulfur (HS fuels. The price difference between HS and LS might also determine the decision of operators for alternative technical means, such as scrubbers, in order to comply with the new limits. This paper aims to provide a thorough statistical analysis of the currently available LS and HS marine fuels time series, as well as to present the analysis of the differential of the HS and LS fuel prices. The paper concludes with suggestions for further research.

  5. Economics of National Waste Terminal Storage Spent Fuel Pricing Study

    International Nuclear Information System (INIS)

    1978-05-01

    The methodology for equitably pricing commercial nuclear spent fuel management is developed, and the results of four sample calculations are presented. The spent fuel management program analyzed places encapsulated spent fuel in bedded salt while maintaining long-term retrievability. System design was reasonable but not optimum. When required, privately-owned Away From Reactor (AFR) storage is provided and the spent fuel placed in AFR storage is eventually transported to final storage. Applicable Research and Development and Government Overhead are included. The cost of each component by year was estimated from the most recent applicable data source available. These costs were input to the pricing methodology to establish a one-time charge whose present value exactly recovered the present value of the expenditure flow. The four cases exercised were combinations of a high and a low quantity of spent fuel managed, with a single repository (venture) or a multiple repository (campaign) approach to system financial structure. The price for spent fuel management calculated ranged from 116 to 152 dollars (1978) per kilogram charged initially to the reactor. The effect of spent fuel receiving rate on price is illustrated by the fact that the extremes of price did not coincide with the cases having the extremes of undiscounted cost. These prices for spent fuel management are comparable in magnitude to other fuel cycle costs. The range of variation is small because of compensating effects, i.e., additional costs for high early deliveries (AFR and transportation) versus lower present value of future revenue for later delivery cases. The methodology contains numerous conservative assumptions, provisions for contingencies, and covers the complete set of spent fuel management expenses

  6. Prices, taxes and automotive fuel cross-border shopping

    International Nuclear Information System (INIS)

    Leal, Andres; Lopez-Laborda, Julio; Rodrigo, Fernando

    2009-01-01

    The aim of the present paper is to determine whether differences in automotive fuel prices among neighboring Autonomous Communities (i.e. Spanish political-administrative regions) affect the decisions taken by individuals regarding the region in which to purchase fuel. In particular, the intention is to discover if price increases in certain Autonomous Communities, as a result of the application of the regional tranche of the Hydrocarbon Retail Sales Tax (HRST) has affected fuel purchases in neighboring Communities. In order to achieve the above-mentioned objectives, the monthly purchases of automotive diesel in Aragon between January 2001 and March 2007 is estimated from the fuel price in Aragon, the relation between prices in each of the bordering Communities and Aragon, weighted by density of traffic, the number of vehicles registered in that Community, and three dummy variables representative of the implementation of the regional tranche of the HRST in Madrid, Catalonia, and Valencia. The paper finds empirical evidence to demonstrate a positive effect of the relative prices in the neighboring Communities and vehicle registrations, and also a negative effect of prices in Aragon, upon the acquisition of diesel in this region. In the case of Catalonia, some evidence suggests that the price effect may have been strengthened following the introduction of the regional tranche of the HRST in August 2004. (author)

  7. Nuclear-fuel-cycle facility deployment and price generation

    International Nuclear Information System (INIS)

    Andress, D.A.

    1981-04-01

    The enrichment process and how it is to be modeled in the International Nuclear Model (INM) is described. The details of enrichment production, planning, unit price generation, demand estimation and ordering are examined. The enrichment process from both the producer's and the utility's point of view is analyzed. The enrichment separative-work-unit (SWU) contracts are also discussed. The relationship of the enrichment process with other sectors of the nuclear fuel cycle, expecially uranium mining and milling is considered. There are portions of the enrichment process that are not completely understood at the present time. These areas, which require further study, will be pinpointed in the following discussion. In many cases, e.g., the advent of SMU brokerage activities, the answers will emerge only in time. In other cases, e.g., political trends, uncertainties will always remain. It is possible to cast the uncertainties in a probabilistic framework, but this is beyond the scope of this report. INM, a comprehensive model of the international nuclear industry, simulates the market decision process based on current and future price expectations under a broad range of scenario specifications. INM determines the proper reactor mix as well as the planning, operation, and unit price generation of the attendant nuclear fuel cycle facilities. The level of detail of many of the enrichment activities presented in this report, e.g., the enrichment contracts, is too fine to be incorporated into INM. Nevertheless, they are presented in a form that is ammendable to modeling. The reasons for this are two-fold. First, it shows the level of complexity that would be required to model the entire system. Second, it presents the structural framework for a detailed, stand-alone enrichment model

  8. The price of fuel oil for power generation

    International Nuclear Information System (INIS)

    Hsu, G.J.Y.; Liaw, Y.Y.C.

    1987-01-01

    This study establishes a break-even analysis model for fuel oil generation. The authors calculate the break-even points of the international fuel oil prices for the existing coal-fired power plants, the nuclear power plants and the newly-built coal/oil-fired power plants

  9. Fuel price and supply projections, 1980 to 2000

    International Nuclear Information System (INIS)

    1980-06-01

    In 1978, over 95% of California's energy was derived from conventional fuels - oil, natural gas, coal, and uranium. Approximately one-third of these conventional fuels was produced within the state, the remaining two-thirds coming from other states and foreign countries. Dependence on these fuels is not likely to diminish rapidly in the near future, therefore the factors that contribute to the future supplies and prices of these fuels will have a major influence on the state's energy future. This report serves as a basis for Commission analysis and is also intended as a tool to be used by others who must make decisions involving the future cost and availability of fuels. This report documents the staff's projections on future supply, price, and availability of these fuels and presents information on historical fuel use and price for background and perspective. Analyses of commercially developable derived fuels and of recent Federal statutory restrictions on the use of oil and gas are also presented. These analyses include economic, logistic, environmental, geologic, and social and institutional considerations. This report does not focus on the costs included in fuel production and preparation; nor does the report go into detail on the transportation, disposal, and downstream costs of the various fuels

  10. Ambiguities of fighting inflation: structure of alcohol fuel prices

    International Nuclear Information System (INIS)

    Nastari, Plinio Mario

    1993-01-01

    The control of consumer prices of alcohol fuel and gasoline has been used by the Brazilian government as a tool for fighting inflation. The production of alcohol fuel from biomass and the use of its by-products is one of the few strategies that will permit economic development and environmental preservation at the same time. While the pricing policy continues to determine the energy policy, it will be almost impossible to promote the production and the use of alcohol fuel in the country

  11. Reduction of CO2 emissions by influencing fuel prices

    International Nuclear Information System (INIS)

    Keller, M.; Zbinden, R.; Haan, P.; Gruetter, J.; Ott, W.

    2002-01-01

    The CO 2 law stipulates quantitative targets for CO 2 emissions (reductions of 10% by 2010 compared with 1990, 15% for heating fuels, 8% for motor fuels). For motor fuels, it is currently estimated that the target will be missed by about 15%, or 2 to 2.5 million tonnes of CO 2 . In order to reach the targets, therefore, all measures that can be taken to reduce emissions are to be checked out and, where sensible and possible, implemented too. The subject of this study is the preferential treatment of diesel, natural gas, liquefied gas and bio-fuels as far as taxation is concerned, with compensation of tax losses on the petrol side. Also, the possibilities for promoting energy-efficient cars are looked at. The reduction of the price for diesel (at least 25 Swiss cents when compensated for via the petrol price) is considered to be unsuitable for reaching the targets because, in the final analysis, fuel sales - the determining factor for the CO 2 emissions that are charged to Switzerland - will increase instead of decreasing. Also, reservations are expressed from the environmental point of view (increased NO x emissions and, in particular, emissions of particulate matter). The modified measure proposed (fixed difference between the prices for petrol and diesel of 25 Swiss cents, for example) is looked at less critically, because it does actually lead to a reduction of CO 2 , even if only a modest one (approx. 10% of the gap to be bridged). On the environmental side, the same reservations apply. Bonus-malus systems, on the other hand, permit a selective choice of the objects of promotion (efficient and, possibly, low-emission vehicles), avoid the unjust preferential treatment of goods traffic and can be implemented without disturbing international price structures (fuel tourism). A bonus-malus system applied at purchase (e.g. different levels of car taxation) is considered to be more efficient than a differentiation in vehicle (road) tax. The promotion of gas is a

  12. Higher fuel prices are associated with lower air pollution levels.

    Science.gov (United States)

    Barnett, Adrian G; Knibbs, Luke D

    2014-05-01

    Air pollution is a persistent problem in urban areas, and traffic emissions are a major cause of poor air quality. Policies to curb pollution levels often involve raising the price of using private vehicles, for example, congestion charges. We were interested in whether higher fuel prices were associated with decreased air pollution levels. We examined an association between diesel and petrol prices and four traffic-related pollutants in Brisbane from 2010 to 2013. We used a regression model and examined pollution levels up to 16 days after the price change. Higher diesel prices were associated with statistically significant short-term reductions in carbon monoxide and nitrogen oxides. Changes in petrol prices had no impact on air pollution. Raising diesel taxes in Australia could be justified as a public health measure. As raising taxes is politically unpopular, an alternative political approach would be to remove schemes that put a downward pressure on fuel prices, such as industry subsidies and shopping vouchers that give fuel discounts. Copyright © 2014 Elsevier Ltd. All rights reserved.

  13. Transfer Pricing Documentation - A Current Issue

    Directory of Open Access Journals (Sweden)

    Violeta Isai

    2016-07-01

    Full Text Available Rather quick development of the business environment has led to the implementation of legislative measures to meet the requirements and amendments thereto. With the adoption of the Fiscal Procedure Code and Order no. 442/2016 were founded transfer pricing procedures, denoting a means of making taxable transfer of a high tax country to a low tax country. These laws have laid down conditions that must be met and materiality thresholds that must take into account the taxpayer to draft transfer pricing documentation file. The aim of these measures is to reduce the differences between the prices charged by the related parts and the market value and also to actual results of company taxation. The tax authorities are entitled to apply price adjustments when it is not the principle of market value, which entail economic double taxation. Application and dossier preparation of transfer pricing contribute to a collective vision on the market in which the company operates, understanding how business development and, not least, the creation of an appropriate fiscal planning.

  14. An overview of alternative fossil fuel price and carbon regulation scenarios

    Energy Technology Data Exchange (ETDEWEB)

    Wiser, Ryan; Bolinger, Mark

    2004-10-01

    The benefits of the Department of Energy's research and development (R&D) efforts have historically been estimated under business-as-usual market and policy conditions. In recognition of the insurance value of R&D, however, the Office of Energy Efficiency and Renewable Energy (EERE) and the Office of Fossil Energy (FE) have been exploring options for evaluating the benefits of their R&D programs under an array of alternative futures. More specifically, an FE-EERE Scenarios Working Group (the Working Group) has proposed to EERE and FE staff the application of an initial set of three scenarios for use in the Working Group's upcoming analyses: (1) a Reference Case Scenario, (2) a High Fuel Price Scenario, which includes heightened natural gas and oil prices, and (3) a Carbon Cap-and-Trade Scenario. The immediate goal is to use these scenarios to conduct a pilot analysis of the benefits of EERE and FE R&D efforts. In this report, the two alternative scenarios being considered by EERE and FE staff--carbon cap-and-trade and high fuel prices--are compared to other scenarios used by energy analysts and utility planners. The report also briefly evaluates the past accuracy of fossil fuel price forecasts. We find that the natural gas prices through 2025 proposed in the FE-EERE Scenarios Working Group's High Fuel Price Scenario appear to be reasonable based on current natural gas prices and other externally generated gas price forecasts and scenarios. If anything, an even more extreme gas price scenario might be considered. The price escalation from 2025 to 2050 within the proposed High Fuel Price Scenario is harder to evaluate, primarily because few existing forecasts or scenarios extend beyond 2025, but, at first blush, it also appears reasonable. Similarly, we find that the oil prices originally proposed by the Working Group in the High Fuel Price Scenario appear to be reasonable, if not conservative, based on: (1) the current forward market for oil, (2

  15. Relative Price Levels and Current Accounts: An Exploration

    Directory of Open Access Journals (Sweden)

    Joshua Aizenman

    2008-12-01

    Full Text Available This paper studies the links between current accounts and relative price levels, finding that current account changes are associated with sizable future relative price levels effects. This is done in panel regressions of the Penn effect, adding a lagged current account/GDP and other explanatory variables. Higher GDP/ capita and a greater export share of manufacturing tend to mitigate the real exchange rate impact of lagged current accounts. Active management of current accounts may provide a powerful adjustment channel, mitigating the real exchange rate effects of volatile terms of trade, and may explain the growing proliferation of Sovereign Wealth Funds.

  16. Domestic fuel price and economic sectors in Malaysia: a future of renewable energy?

    OpenAIRE

    Jee, Hui-Siang Brenda; Lau, Evan; Puah, Chin-Hong; Abu Mansor, Shazali

    2010-01-01

    This study empirically examines the relation between the domestic fuel prices with the ten disaggregated economic sectors in Malaysia with the spanning of data from 1990:Q1 to 2007:Q4. We found that only three sectors (agriculture, trade and other services sectors) are cointegrated with the fuel price and fuel price does Granger cause these sectors. Despite the evidence of non-cointegrated in most of the economic sectors, fuel price able to influence these sectors over a longer period. Policy...

  17. An Empirical Analysis of the Price Discovery Function of Shanghai Fuel Oil Futures Market

    Institute of Scientific and Technical Information of China (English)

    Wang Zhen; Liu Zhenhai; Chen Chao

    2007-01-01

    This paper analyzes the role of price discovery of Shanghai fuel oil futures market by using methods, such as unit root test, co-integration test, error correction model, Granger causality test, impulse-response function and variance decomposition. The results showed that there exists a strong relationship between the spot price of Huangpu fuel oil spot market and the futures price of Shanghai fuel oil futures market. In addition, the Shanghai fuel oil futures market exhibits a highly effective price discovery function.

  18. No pressure on Slovnaft to lower fuel prices

    International Nuclear Information System (INIS)

    Beer, G.; Schoenwiesner, R.; Debnar, M.

    2004-01-01

    The Bratislava based refinery, Slovnaft has a dominant position on the Slovak fuel market. But this dominant market position is not specific to Slovakia - other national markets also have domestic producers with dominant positions. Fuel prices have increased substantially and the consumers are looking for a c ulprit' and have found it in the major player on the market. All those who are talking of 'record-breaking' fuel prices seem to have forgotten about inflation rates in recent years. But the situation on the Slovak market is not entirely standard. Slovak customers are right in objecting to the fact that fuel prices are often higher in Slovakia (pre-tax) than in neighbouring countries. But there is nothing to indicate this situation is likely to change. The consumption of petrol and diesel in Slovakia is growing. Many well-established companies have left the Slovak market and 50 competition is decreasing. And those that have stayed buy their fuel from Slovnaft and do not exercise any pressure on retail margins. Small independent distributors are not in a position to offer lower prices and they themselves are forced to decrease their margins. Slovnaft, controlled by the Hungarian company MOL, dictates the rules not only because its refineries produce 76% of all fuel sold on the Slovak market but also due to the fact that the company controls 39% of the retail network. It does not make a difference whether drivers stop at non--brand petrol stations, or use the petrol stations of international companies, nearly all companies operating in Slovakia buy their fuel from the Bratislava refinery with the exception of high octane petrol and winter diesel. Despite refinery over-capacity in Central Europe and the high number of producers operating within a small area, competition is not noticeable on the Slovak market. In theory, competition could be provided by the Polish refineries, the Czech refinery which imports under the JET brand, the Austrian owned OMV, the

  19. Light-duty vehicle fuel economy improvements, 1979--1998: A consumer purchase model of corporate average fuel economy, fuel price, and income effects

    Science.gov (United States)

    Chien, David Michael

    2000-10-01

    The Energy Policy and Conservation Act of 1975, which created fuel economy standards for automobiles and light trucks, was passed by Congress in response to the rapid rise in world oil prices as a result of the 1973 oil crisis. The standards were first implemented in 1978 for automobiles and 1979 for light trucks, and began with initial standards of 18 MPG for automobiles and 17.2 MPG for light trucks. The current fuel economy standards for 1998 have been held constant at 27.5 MPG for automobiles and 20.5 MPG for light trucks since 1990--1991. While actual new automobile fuel economy has almost doubled from 14 MPG in 1974 to 27.2 MPG in 1994, it is reasonable to ask if the CAFE standards are still needed. Each year Congress attempts to pass another increase in the Corporate Average Fuel Economy (CAFE) standard and fails. Many have called for the abolition of CAFE standards citing the ineffectiveness of the standards in the past. In order to determine whether CAFE standards should be increased, held constant, or repealed, an evaluation of the effectiveness of the CAFE standards to date must be established. Because fuel prices were rising concurrently with the CAFE standards, many authors have attributed the rapid rise in new car fuel economy solely to fuel prices. The purpose of this dissertation is to re-examine the determinants of new car fuel economy via three effects: CAFE regulations, fuel price, and income effects. By measuring the marginal effects of the three fuel economy determinants upon consumers and manufacturers choices, for fuel economy, an estimate was made of the influence of each upon new fuel economy. The conclusions of this dissertation present some clear signals to policymakers: CAFE standards have been very effective in increasing fuel economy from 1979 to 1998. Furthermore, they have been the main cause of fuel economy improvement, with income being a much smaller component. Furthermore, this dissertation has suggested that fuel prices have

  20. Price formation and market mechanisms in world nuclear fuel markets

    International Nuclear Information System (INIS)

    Neff, T.L.

    1991-01-01

    The structure of world markets for uranium, UF6 and enriched uranium product (EUP) have changed greatly since the 1970s. In the old model, firms specializing in mining, conversion, enrichment and fabrication played independent and sequential steps in the making of nuclear fuel. The great majority of users dealt directly with primary suppliers. Competition took place among suppliers at each stage of the fuel cycle and price formation occurred independently for each stage. Long-term contracts directly between primary supplier and end user dominated, whether for U3O8, conversion, enrichment or fabrication. The old model is effectively gone. uranium producers compete with traders, some of whom can offer a much larger menu of products and terms than primary suppliers. Where once there was a straight engineering-like sequence of processing from uranium to EUP for end use, today things are often reversed and far more complicated, with de-enrichment, de-conversion, loans, swaps, and other transactions. Those able to bring financial and entrepreneurial skills to bear on this complexity have an advantage. Long-term contracts between primary producers and end users no longer dominate new transactions, especially in the critical role of price formation - the process of determining or discovery of the market price. These changes have raised the question of whether participants in the nuclear fuel market need, or could benefit from, new institutional mechanisms, specifically some sort of formal exchange or commodity market

  1. FUEL/CARBON PRICE VS. ABATEMENT TECHNOLOGY IN FREIGHT TRANSPORT

    Directory of Open Access Journals (Sweden)

    Eugen Ferdinand Spangenberg

    2017-12-01

    Full Text Available The current situation is the exponential increase in greenhouse gases (GHG, which is mainly caused by industrial and transport activities. The recent Paris agreement in 2015 (Framework Convention on Climate Change COP21, UNFCCC made it clear to everyone that CO2 emissions are to be limited in all areas of life. Alternative fuels with a lower environmental impact than carbon (CO2 emissions are hard to find if the overall footprint is to be taken into account. Nevertheless, there are some fuels that have less impact on climate change. One the other hand, the production of biofuels is a controversial matter, although it is a viable alternative to emissions reduction. CNG or LNG-powered vehicles are also better in terms of environmental pollution, but are hardly better with regard to CO2 impact when a Life Cycle Assessment (LCA is carried out. LNG (liquid natural gas, for example, is the future fuel in the maritime sector because of the stricter environmental regulations (SOx,NOx in the shipping industry. The battery-powered vehicle is another example of an environmentally friendly solution. The afore-mentioned measures can be considered as “abatement“ necessary in order to limit CO2 impact. The study shows that there are significant differences in the environmental impact between transport systems and the corresponding drive-system or associated energy base. The polluter should pay, which is a common basic principle in economic research. The Emission Trading Scheme (ETS has been introduced in order to ensure a reduction in CO2 output – emissions come with a price tag. An overall view is necessary, both en-vironmental and economic impact must be reconciled (cf. Spangenberg - TQI. The future viability of the transport system as we know it may change significantly over time if new environmental requirements or e.g. CO2 taxes or ETS are introduced in the freight sector. The abatement of CO2 should be effected primarily through technological

  2. Transport fuel demand responses to fuel price and income projections : Comparison of integrated assessment models

    NARCIS (Netherlands)

    Edelenbosch, O. Y.; van Vuuren, Detlef; Bertram, C.; Carrara, S.; Emmerling, J.; Daly, H.; Kitous, A.; McCollum, D. L.; Saadi Failali, N.

    Income and fuel price pathways are key determinants in projections of the energy system in integrated assessment models. In recent years, more details have been added to the transport sector representation in these models. To better understand the model dynamics, this manuscript analyses transport

  3. Fuel price and technological uncertainty in a real options model for electricity planning

    International Nuclear Information System (INIS)

    Fuss, Sabine; Szolgayova, Jana

    2010-01-01

    Electricity generation is an important source of total CO 2 emissions, which in turn have been found to relate to an acceleration of global warming. Given that many OECD countries have to replace substantial portions of their electricity-generating capacity over the next 10-20 years, investment decisions today will determine the CO 2 -intensity of the future energy mix. But by what type of power plants will old (mostly fossil-fuel-fired) capacity be replaced? Given that modern, less carbon-intensive technologies are still expensive but can be expected to undergo improvements due to technical change in the near future, they may become more attractive, especially if fossil fuel price volatility makes traditional technologies more risky. At the same time, technological progress is an inherently uncertain process itself. In this paper, we use a real options model with stochastic technical change and stochastic fossil fuel prices in order to investigate their impact on replacement investment decisions in the electricity sector. We find that the uncertainty associated with the technological progress of renewable energy technologies leads to a postponement of investment. Even the simultaneous inclusion of stochastic fossil fuel prices in the same model does not make renewable energy competitive compared to fossil-fuel-fired technology in the short run based on the data used. This implies that policymakers have to intervene if renewable energy is supposed to get diffused more quickly. Otherwise, old fossil-fuel-fired equipment will be refurbished or replaced by fossil-fuel-fired capacity again, which enforces the lock-in of the current system into unsustainable electricity generation. (author)

  4. Carpooling and Driver Responses to Fuel Price Changes: Evidence from Traffic Flows in Los Angeles

    OpenAIRE

    Antonio M. Bento; Jonathan E. Hughes; Daniel T. Kaffine

    2012-01-01

    Understanding how drivers respond to fuel price changes has important implications for highway congestion, accidents, carbon policy, local air pollution and taxation. We examine the underexplored relationship between fuel prices and carpooling. Using a simple theoretical model we show that traffic flows in mainline lanes decrease when fuel prices increase. However in carpool (HOV) lanes, flow can either increase or decrease. Traffic flows in mainline lanes are shown to be more responsive to p...

  5. The pass through of oil prices into euro area consumer liquid fuel prices in an environment of high and volatile oil prices

    Energy Technology Data Exchange (ETDEWEB)

    Meyler, Aidan [European Central Bank, Frankfurt am Main (Germany)

    2009-11-15

    Crude and refined oil prices have been relatively high and volatile on a sustained basis since 1999. This paper considers the pass through of oil prices into consumer liquid (i.e. petrol, diesel and heating) fuel prices in such an environment. The pass through of oil prices into consumer liquid fuel prices has already been addressed extensively in the literature. Nonetheless much of this literature has either focused on the United States or on a time period when oil prices were relatively stable, or has used monthly data. The main contribution of this paper is a comprehensive combination of many features that have been considered before but rarely jointly. These features include: (1) the analysis of the euro area as an aggregate and a large number of countries (the initial 12 member states); (2) the consideration of different time periods; (3) the modelling of the data in raw levels rather than in log levels. This turns out to have important implications for our findings; (4) the use of high frequency (weekly) data, which, as results will suggest, are the lowest frequency one should consider; (5) the investigation of the different stages of the production chain from crude oil prices to retail distribution - refining costs and margins, distribution and retailing costs and margins; (6) the examination of prices including and excluding taxes - excise and value-added; (7) the modelling of prices for three fuel types - passenger car petrol and diesel separately and home heating fuel oil; (8) lastly we also address the issue of possible asymmetries, allowing for the pass through to vary according to (a) whether price are increasing or decreasing and (b) whether price levels are above or below their equilibrium level. The main findings are as follows: First, as distribution and retailing costs and margins have been broadly stable on average, the modelling of the relationship between consumer prices excluding taxes and upstream prices in raw levels rather than in

  6. The pass through of oil prices into euro area consumer liquid fuel prices in an environment of high and volatile oil prices

    International Nuclear Information System (INIS)

    Meyler, Aidan

    2009-01-01

    Crude and refined oil prices have been relatively high and volatile on a sustained basis since 1999. This paper considers the pass through of oil prices into consumer liquid (i.e. petrol, diesel and heating) fuel prices in such an environment. The pass through of oil prices into consumer liquid fuel prices has already been addressed extensively in the literature. Nonetheless much of this literature has either focused on the United States or on a time period when oil prices were relatively stable, or has used monthly data. The main contribution of this paper is a comprehensive combination of many features that have been considered before but rarely jointly. These features include: (1) the analysis of the euro area as an aggregate and a large number of countries (the initial 12 member states); (2) the consideration of different time periods; (3) the modelling of the data in raw levels rather than in log levels. This turns out to have important implications for our findings; (4) the use of high frequency (weekly) data, which, as results will suggest, are the lowest frequency one should consider; (5) the investigation of the different stages of the production chain from crude oil prices to retail distribution - refining costs and margins, distribution and retailing costs and margins; (6) the examination of prices including and excluding taxes - excise and value-added; (7) the modelling of prices for three fuel types - passenger car petrol and diesel separately and home heating fuel oil; (8) lastly we also address the issue of possible asymmetries, allowing for the pass through to vary according to (a) whether price are increasing or decreasing and (b) whether price levels are above or below their equilibrium level. The main findings are as follows: First, as distribution and retailing costs and margins have been broadly stable on average, the modelling of the relationship between consumer prices excluding taxes and upstream prices in raw levels rather than in

  7. Sensitivities and Tipping Points of Power System Operations to Fluctuations Caused by Water Availability and Fuel Prices

    Science.gov (United States)

    O'Connell, M.; Macknick, J.; Voisin, N.; Fu, T.

    2017-12-01

    The western US electric grid is highly dependent upon water resources for reliable operation. Hydropower and water-cooled thermoelectric technologies represent 67% of generating capacity in the western region of the US. While water resources provide a significant amount of generation and reliability for the grid, these same resources can represent vulnerabilities during times of drought or low flow conditions. A lack of water affects water-dependent technologies and can result in more expensive generators needing to run in order to meet electric grid demand, resulting in higher electricity prices and a higher cost to operate the grid. A companion study assesses the impact of changes in water availability and air temperatures on power operations by directly derating hydro and thermo-electric generators. In this study we assess the sensitivities and tipping points of water availability compared with higher fuel prices in electricity sector operations. We evaluate the impacts of varying electricity prices by modifying fuel prices for coal and natural gas. We then analyze the difference in simulation results between changes in fuel prices in combination with water availability and air temperature variability. We simulate three fuel price scenarios for a 2010 baseline scenario along with 100 historical and future hydro-climate conditions. We use the PLEXOS electricity production cost model to optimize power system dispatch and cost decisions under each combination of fuel price and water constraint. Some of the metrics evaluated are total production cost, generation type mix, emissions, transmission congestion, and reserve procurement. These metrics give insight to how strained the system is, how much flexibility it still has, and to what extent water resource availability or fuel prices drive changes in the electricity sector operations. This work will provide insights into current electricity operations as well as future cases of increased penetration of variable

  8. Six months after the Gulf war - Fuel prices and taxes around the world

    International Nuclear Information System (INIS)

    Anon.

    1991-01-01

    During the first half of 1991, national average gasoline and diesel No. 2 fuel prices declined in many countries in terms of US dollars, due to the stronger US currency and weaker crude oil prices. However, in countries' own currencies, consumer prices were unchanged or higher than they were at the end of 1990. This issue of Energy Detente features findings from their ongoing Fuel Price/Tax Series and closely compares fuel price and tax levels around the world. This issue also presents the following: (1) the ED Refining Netback Data Series for the US Gulf and West Coasts, Rotterdam, and Singapore as of August 23, 1991; and (2) the ED Fuel Price/Tax Series for countries of the Eastern Hemisphere, August 1991 Edition. 6 figs., 11 tabs

  9. Driving for fun? Comparing the effect of fuel prices on weekday and weekend fuel consumption

    Energy Technology Data Exchange (ETDEWEB)

    Frondel, Manuel; Vance, Colin [Rheinisch-Westfaelisches Institut fuer Wirtschaftsforschung (RWI), Hohenzollernstr. 1-3, D-45128 Essen (Germany)

    2010-01-15

    Focusing on individual motorists in car-owning households in Germany, this paper investigates the determinants of automobile travel, with the specific aim of quantifying the effects of fuel prices and person-level attributes on travel conducted over a five-day week and weekend. Our analysis is predicated on the notion that car use is an individual decision, albeit one that is dependent on intra-household allocation processes, thereby building on a growing body of literature that has identified the importance of socioeconomic factors such as employment status, gender, and the presence of children in determining both access to and use of the car. To capture this two-stage decision process, we employ the two-part model, which consists of probit and OLS estimators, and derive elasticity estimates that incorporate both the discrete and continuous choices pertaining to car use. With fuel price elasticity estimates ranging between - 0.45 and - 0.50, our results suggest raising prices via fuel taxes to be a promising energy conservation and climate protection measure. (author)

  10. Driving for fun? Comparing the effect of fuel prices on weekday and weekend fuel consumption

    International Nuclear Information System (INIS)

    Frondel, Manuel; Vance, Colin

    2010-01-01

    Focusing on individual motorists in car-owning households in Germany, this paper investigates the determinants of automobile travel, with the specific aim of quantifying the effects of fuel prices and person-level attributes on travel conducted over a five-day week and weekend. Our analysis is predicated on the notion that car use is an individual decision, albeit one that is dependent on intra-household allocation processes, thereby building on a growing body of literature that has identified the importance of socioeconomic factors such as employment status, gender, and the presence of children in determining both access to and use of the car. To capture this two-stage decision process, we employ the two-part model, which consists of probit and OLS estimators, and derive elasticity estimates that incorporate both the discrete and continuous choices pertaining to car use. With fuel price elasticity estimates ranging between - 0.45 and - 0.50, our results suggest raising prices via fuel taxes to be a promising energy conservation and climate protection measure. (author)

  11. Bulk Fuel Pricing: DOD Needs to Take Additional Actions to Establish a More Reliable Methodology

    Science.gov (United States)

    2015-11-19

    Page 1 GAO-16-78R Bulk Fuel Pricing 441 G St. N.W. Washington, DC 20548 November 19, 2015 The Honorable Ashton Carter The Secretary of...Defense Bulk Fuel Pricing : DOD Needs to Take Additional Actions to Establish a More Reliable Methodology Dear Secretary Carter: Each fiscal...year, the Office of the Under Secretary of Defense (Comptroller), in coordination with the Defense Logistics Agency, sets a standard price per barrel

  12. Trade of Solid Biofuels, and Fuel Prices in Europe

    International Nuclear Information System (INIS)

    Alakangas, E.; Hillring, B.; Nikolaisen, L.S.

    2002-01-01

    Traditionally, biomass fuels are used in the same geographical region, in which they are produced. In more recent years, this pattern has been changed in Northern Europe by large-scale use of biomass for district heating and a vast supply of recycled wood and forest residues. The trade situation has come about as a result of means of control on waste and energy. Sea shipments allow bulk transports of biomass over long distances at low cost. In most countries, the customs statistics do not record trade in such a detail that the international trade of different biomass types could be identified. Today, solid biofuels like wood residues, pellets and wood chips are already traded in Europe and have reached a level of almost 50 PJ/a. In some countries, there is a growing interest in the international biomass trade, because the trade can provide biofuels at lower prices. The largest volumes of biomass are traded from the Baltic countries (Estonia, Latvia, Lithuania) to the Nordic countries (especially Sweden and Denmark, but also Finland). Some volumes are also traded from Finland to other Nordic countries, and between neighbouring countries in Central Europe, especially the Netherlands, Germany, Austria, Slovenia and Italy. The traded biofuel is most often of refined wood fuels (pellets and briquettes) and industrial by-products (sawdust, chips), in Central Europe also wood waste

  13. Trade of Solid Biofuels, and Fuel Prices in Europe

    Energy Technology Data Exchange (ETDEWEB)

    Alakangas, E. [VTT Processes, Jyvaeskylae (Finland); Hillring, B. [Swedish Univ. of Agricultural Sciences, Uppsala (Sweden); Nikolaisen, L.S. [Danish Technological Inst. (DTI), Aarhus (Denmark). Centre for Biomass Technology

    2002-07-01

    Traditionally, biomass fuels are used in the same geographical region, in which they are produced. In more recent years, this pattern has been changed in Northern Europe by large-scale use of biomass for district heating and a vast supply of recycled wood and forest residues. The trade situation has come about as a result of means of control on waste and energy. Sea shipments allow bulk transports of biomass over long distances at low cost. In most countries, the customs statistics do not record trade in such a detail that the international trade of different biomass types could be identified. Today, solid biofuels like wood residues, pellets and wood chips are already traded in Europe and have reached a level of almost 50 PJ/a. In some countries, there is a growing interest in the international biomass trade, because the trade can provide biofuels at lower prices. The largest volumes of biomass are traded from the Baltic countries (Estonia, Latvia, Lithuania) to the Nordic countries (especially Sweden and Denmark, but also Finland). Some volumes are also traded from Finland to other Nordic countries, and between neighbouring countries in Central Europe, especially the Netherlands, Germany, Austria, Slovenia and Italy. The traded biofuel is most often of refined wood fuels (pellets and briquettes) and industrial by-products (sawdust, chips), in Central Europe also wood waste.

  14. Ethanol, Corn, and Soybean Price Relations in a Volatile Vehicle-Fuels Market

    Directory of Open Access Journals (Sweden)

    Cesar Escalante

    2009-06-01

    Full Text Available The rapid upward shift in ethanol demand has raised concerns about ethanol’s impact on the price level and volatility of agricultural commodities. The popular press attributes much of this volatility in commodity prices to a price bubble in ethanol fuel and recent deflation. Market economics predicts not only a softening of demand to high commodity prices but also a positive supply response. This volatility in ethanol and commodity prices are investigated using cointegration, vector error corrections (VECM, and multivariate generalized autoregressive conditional heteroskedascity (MGARCH models. In terms of derived demand theory, results support ethanol and oil demands as derived demands from vehicle-fuel production. Gasoline prices directly influence the prices of ethanol and oil. However, of greater significance for the fuel versus food security issue, results support the effect of agricultural commodity prices as market signals which restore commodity markets to their equilibriums after a demand or supply event (shock. Such shocks may in the short-run increase agricultural commodity prices, but decentralized freely operating markets will mitigate the persistence of these shocks. Results indicate in recent years there are no long-run relations among fuel (ethanol, oil and gasoline prices and agricultural commodity (corn and soybean prices.

  15. Electricity prices and fuel costs. Long-run relations and short-run dynamics

    International Nuclear Information System (INIS)

    Mohammadi, Hassan

    2009-01-01

    The paper examines the long-run relation and short-run dynamics between electricity prices and three fossil fuel prices - coal, natural gas and crude oil - using annual data for the U.S. for 1960-2007. The results suggest (1) a stable long-run relation between real prices for electricity and coal (2) Bi-directional long-run causality between coal and electricity prices. (3) Insignificant long-run relations between electricity and crude oil and/or natural gas prices. And (4) no evidence of asymmetries in the adjustment of electricity prices to deviations from equilibrium. A number of implications are addressed. (author)

  16. Vehicle type choice under the influence of a tax reform and rising fuel prices

    DEFF Research Database (Denmark)

    Mabit, Stefan Lindhard

    2014-01-01

    change in new vehicle purchases toward more diesel vehicles and more fuel-efficient vehicles. The paper analyses to what extent a vehicle tax reform similar to the Danish 2007 reform may explain changes in purchasing behaviour. The paper investigates the effects of a tax reform, fuel price changes......, and technological development on vehicle type choice using a mixed logit model. The model allows a simulation of the effect of car price changes that resemble those induced by the tax reform. This effect is compared to the effects of fuel price changes and technology improvements. The simulations show...... that the effect of the tax reform on fuel efficiency is similar to the effect of rising fuel prices while the effect of technological development is much larger. The conclusion is that while the tax reform appeared in the same year as a large increase in fuel efficiency, it seems likely that it only explains...

  17. Reimbursed Price of Orphan Drugs: Current Strategies and Potential Improvements.

    Science.gov (United States)

    Mincarone, Pierpaolo; Leo, Carlo Giacomo; Sabina, Saverio; Sarriá-Santamera, Antonio; Taruscio, Domenica; Serrano-Aguilar, Pedro Guillermo; Kanavos, Panos

    2017-01-01

    The pricing and reimbursement policies for pharmaceuticals are relevant to balance timely and equitable access for all patients, financial sustainability, and reward for valuable innovation. The proliferation of high-cost specialty medicines is particularly true in rare diseases (RDs) where the pricing mechanism is characterised by a lack of transparency. This work provides an overall picture of current strategies for the definition of the reimbursed prices of orphan drugs (ODs) and highlights some potential improvements. Current strategies and suggestions are presented along 4 dimensions: (1) comprehensive value assessment, (2) early dialogs among relevant stakeholders, (3) innovative reimbursement approaches, and (4) societal participation in producing ODs. Comprehensive value assessment could be achieved by clarifying the approach of distributive justice to adopt, ensuring a representative participation of stakeholders, and with a broad consideration of value-bearing factors. With respect to early dialogs, cross-border cooperation can be determinant to companies and agencies. The cost-benefit ratio of early dialogs needs to be demonstrated and the "regulatory capture" effect should be monitored. Innovative reimbursement approaches were developed to balance the need for evidence-based decisions with the timely access to innovative drugs. The societal participation in producing ODs needs to be recognised in a collaborating framework where adaptive agreements can be developed with mutual satisfaction. Such agreements could also impact on coverage and reimbursement decisions as additional elements for the determination of a comprehensive societal value of ODs. Further research is needed to investigate the highlighted open challenges so that RDs will not remain, in practical terms, orphan diseases. © 2017 S. Karger AG, Basel.

  18. 48 CFR 15.406-2 - Certificate of current cost or pricing data.

    Science.gov (United States)

    2010-10-01

    ... cost or pricing data. 15.406-2 Section 15.406-2 Federal Acquisition Regulations System FEDERAL ACQUISITION REGULATION CONTRACTING METHODS AND CONTRACT TYPES CONTRACTING BY NEGOTIATION Contract Pricing 15.406-2 Certificate of current cost or pricing data. (a) When certified cost or pricing data are...

  19. Accounting for fuel price risk when comparing renewable togas-fired generation: the role of forward natural gas prices

    Energy Technology Data Exchange (ETDEWEB)

    Bolinger, Mark; Wiser, Ryan; Golove, William

    2004-07-17

    Unlike natural gas-fired generation, renewable generation (e.g., from wind, solar, and geothermal power) is largely immune to fuel price risk. If ratepayers are rational and value long-term price stability, then--contrary to common practice--any comparison of the levelized cost of renewable to gas-fired generation should be based on a hedged gas price input, rather than an uncertain gas price forecast. This paper compares natural gas prices that can be locked in through futures, swaps, and physical supply contracts to contemporaneous long-term forecasts of spot gas prices. We find that from 2000-2003, forward gas prices for terms of 2-10 years have been considerably higher than most contemporaneous long-term gas price forecasts. This difference is striking, and implies that comparisons between renewable and gas-fired generation based on these forecasts over this period have arguably yielded results that are biased in favor of gas-fired generation.

  20. Accounting for fuel price risk when comparing renewable to gas-fired generation: the role of forward natural gas prices

    International Nuclear Information System (INIS)

    Bolinger, Mark; Wiser, Ryan; Golove, William

    2006-01-01

    Unlike natural gas-fired generation, renewable generation (e.g., from wind, solar, and geothermal power) is largely immune to fuel price risk. If ratepayers are rational and value long-term price stability, then-contrary to common practice-any comparison of the levelized cost of renewable to gas-fired generation should be based on a hedged gas price input, rather than an uncertain gas price forecast. This paper compares natural gas prices that can be locked in through futures, swaps, and physical supply contracts to contemporaneous long-term forecasts of spot gas prices. We find that from 2000 to 2003, forward gas prices for terms of 2-10 years have been considerably higher than most contemporaneous long-term gas price forecasts. This difference is striking, and implies that comparisons between renewable and gas-fired generation based on these forecasts over this period have arguably yielded results that are biased in favor of gas-fired generation

  1. Fuel consumption: short term and long term price impacts per population type

    International Nuclear Information System (INIS)

    2011-01-01

    This report presents assessments of the price sensitivity of household fuel consumption. After a literature review on price-elasticity assessments and the use of pseudo-panels, the investigation analyses the deciding factors of the household fuel expense and its evolution between 1985 and 2006. It proposes a short term price-elasticity assessment based on the most recent survey, and also proposes price-elasticity assessments for sub-populations, notably in terms of income level or location (rural or urban areas)

  2. Time-varying convergence in European electricity spot markets and their association with carbon and fuel prices

    International Nuclear Information System (INIS)

    Menezes, Lilian M. de; Houllier, Melanie A.; Tamvakis, Michael

    2016-01-01

    Long-run dynamics of electricity prices are expected to reflect fuel price developments, since fuels generally account for a large share in the cost of generation. As an integrated European market for electricity develops, wholesale electricity prices should be converging as a result of market coupling and increased interconnectivity. Electricity mixes are also changing, spurred by a drive to significantly increase the share of renewables. Consequently, the electricity wholesale price dynamics are evolving, and the fuel–electricity price nexus that has been described in the literature is likely to reflect this evolution. This study investigates associations between spot prices from the British, French and Nordpool markets with those in connected electricity markets and fuel input prices, from December 2005 to October 2013. In order to assess the time-varying dynamics of electricity spot price series, localized autocorrelation functions are used. Electricity spot prices in the three markets are found to have stationary and non-stationary periods. When a trend in spot prices is observed, it is likely to reflect the trend in fuel prices. Cointegration analysis is then used to assess co-movement between electricity spot prices and fuel inputs to generation. The results show that British electricity spot prices are associated with fuel prices and not with price developments in connected markets, while the opposite is observed in the French and Nordpool day-ahead markets. - Highlights: • Electricity market integration policies may have altered EU spot electricity prices. • LACF is used to assess the changing nature of electricity spot prices. • EU electricity spot prices show both stationary and non-stationary periods. • Carbon and fuel prices have greater impact on British spot prices. • In continental Europe, electricity prices have decoupled from fuel prices.

  3. Interrelated factors influence of current stock market on pricing

    Directory of Open Access Journals (Sweden)

    Наталія Петрівна Мацелюх

    2015-03-01

    Full Text Available Impacts on market prices of securities are generalized. It is found that in the process of price determination and its implementation exist a system of interrelated factors of influence, which are divided into objective and subjective; internal and external; traditional and specific. It is proved that the impact of factors associated with risk pricing in financial assets

  4. Theoretical Model of Pricing Behavior on the Polish Wholesale Fuel Market

    Directory of Open Access Journals (Sweden)

    Bejger Sylwester

    2016-12-01

    Full Text Available In this paper, we constructed a theoretical model of strategic pricing behavior of the players in a Polish wholesale fuel market. This model is consistent with the characteristics of the industry, the wholesale market, and the players. The model is based on the standard methodology of repeated games with a built-in adjustment to a focal price, which resembles the Import Parity Pricing (IPP mechanism. From the equilibrium of the game, we conclude that the focal price policy implies a parallel pricing strategic behavior on the market.

  5. Estimation of Gasoline Price Elasticities of Demand for Automobile Fuel Efficiency in Korea: A Hedonic Approach

    Energy Technology Data Exchange (ETDEWEB)

    Lee, Sung Tae [Sungkyunkwan University, Seoul (Korea); Lee, Myunghun [Keimyung University, Taegu (Korea)

    2001-03-01

    This paper estimates the gasoline price elasticities of demand for automobile fuel efficiency in Korea to examine indirectly whether the government policy of raising fuel prices is effective in inducing less consumption of fuel, relying on a hedonic technique developed by Atkinson and Halvorsen (1984). One of the advantages of this technique is that the data for a single year, without involving variation in the price of gasoline, is sufficient in implementing this study. Moreover, this technique enables us to circumvent the multicollinearity problem, which had reduced reliability of the results in previous hedonic studies. The estimated elasticities of demand for fuel efficiency with respect to the price of gasoline, on average, is 0.42. (author). 30 refs., 3 tabs.

  6. Unemployment rate and price of gasoline predict the fuel economy of purchased new vehicles.

    Science.gov (United States)

    2011-03-01

    This study examined the relationship between two economic indicatorsthe : unemployment rate and the price of gasolineand the fuel economy of purchased new : vehicles. A regression analysis was performed on U.S. monthly data from October 2007 : ...

  7. Method of evaluation of solar collector cost under fuel price change

    International Nuclear Information System (INIS)

    Klychev, Sh. I.; Sadykova, N. S.; Saifiev, A. U.; Ismanzhanov, A. I.; Samiev, M.

    2013-01-01

    When we take into account the problems of large-scale use of solar energy, the matters of economic perspectives of solar plants in the future become vital. We present the method on whose basis evaluation of the cost of solar collectors is performed taking into account the change in the fuel prices. The method is based on the approach to evaluation of the cost of energy generated by the solar plants offered previously by the authors. Assuming that the components of expenditures for production are not changed, we obtained that the cost of solar collectors will grow, at approximately the same ratio as the growth of the prices for fuel (energy). Thus, the problem of creation of the economically effective solar collectors should be solved already today, at the existing prices for materials and fuel. At present, it is assumed that competitiveness of the solar plants will increase with the growth of the fuel prices. (authors)

  8. Development of fuel prices and its impact on the future development of nuclear energy, the use of computer code DESAE

    International Nuclear Information System (INIS)

    Panik, M.; Necas, V.

    2007-01-01

    The thesis is an overview of fuel prices, its key components, such as the particular price and price of natural uranium fuel enrichment. The paper outlines the expected impact of higher fuel prices on the future development of nuclear energy. The last section is devoted to computer code DESAE, designed to calculate and compare advantages and disadvantages of different nuclear systems, but also to calculate the parameters of given nuclear system. They suggested the possibility of using code in practice. (author)

  9. Accounting for fuel price risk: Using forward natural gas prices instead of gas price forecasts to compare renewable to natural gas-fired generation

    Energy Technology Data Exchange (ETDEWEB)

    Bolinger, Mark; Wiser, Ryan; Golove, William

    2003-08-13

    Against the backdrop of increasingly volatile natural gas prices, renewable energy resources, which by their nature are immune to natural gas fuel price risk, provide a real economic benefit. Unlike many contracts for natural gas-fired generation, renewable generation is typically sold under fixed-price contracts. Assuming that electricity consumers value long-term price stability, a utility or other retail electricity supplier that is looking to expand its resource portfolio (or a policymaker interested in evaluating different resource options) should therefore compare the cost of fixed-price renewable generation to the hedged or guaranteed cost of new natural gas-fired generation, rather than to projected costs based on uncertain gas price forecasts. To do otherwise would be to compare apples to oranges: by their nature, renewable resources carry no natural gas fuel price risk, and if the market values that attribute, then the most appropriate comparison is to the hedged cost of natural gas-fired generation. Nonetheless, utilities and others often compare the costs of renewable to gas-fired generation using as their fuel price input long-term gas price forecasts that are inherently uncertain, rather than long-term natural gas forward prices that can actually be locked in. This practice raises the critical question of how these two price streams compare. If they are similar, then one might conclude that forecast-based modeling and planning exercises are in fact approximating an apples-to-apples comparison, and no further consideration is necessary. If, however, natural gas forward prices systematically differ from price forecasts, then the use of such forecasts in planning and modeling exercises will yield results that are biased in favor of either renewable (if forwards < forecasts) or natural gas-fired generation (if forwards > forecasts). In this report we compare the cost of hedging natural gas price risk through traditional gas-based hedging instruments (e

  10. Estimating household fuel oil/kerosine, natural gas, and LPG prices by census region

    International Nuclear Information System (INIS)

    Poyer, D.A.; Teotia, A.P.S.

    1994-08-01

    The purpose of this research is to estimate individual fuel prices within the residential sector. The data from four US Department of Energy, Energy Information Administration, residential energy consumption surveys were used to estimate the models. For a number of important fuel types - fuel oil, natural gas, and liquefied petroleum gas - the estimation presents a problem because these fuels are not used by all households. Estimates obtained by using only data in which observed fuel prices are present would be biased. A correction for this self-selection bias is needed for estimating prices of these fuels. A literature search identified no past studies on application of the selectivity model for estimating prices of residential fuel oil/kerosine, natural gas, and liquefied petroleum gas. This report describes selectivity models that utilize the Dubin/McFadden correction method for estimating prices of residential fuel oil/kerosine, natural gas, and liquefied petroleum gas in the Northeast, Midwest, South, and West census regions. Statistically significant explanatory variables are identified and discussed in each of the models. This new application of the selectivity model should be of interest to energy policy makers, researchers, and academicians

  11. Flex-fuel vehicle adoption and dynamics of ethanol prices: lessons from Brazil

    International Nuclear Information System (INIS)

    Du, Xiaodong; Carriquiry, Miguel A.

    2013-01-01

    Focusing on dynamics of the relative prices of substitute fuels, namely ethanol and gasoline, this study quantifies the impact of the increase in shares of flex-fuel vehicles (FFVs) in the vehicle fleet on the domestic ethanol prices in Brazil. A modified partial adjustment model is employed. Estimation results provide strong support for our research hypotheses: (i) when consumers can choose between the fuels the relative ethanol and gasoline prices converge to a long-run equilibrium level, which is determined by the fuel economy, and (ii) price dynamics are largely determined by market supply and demand factors including the price of sugar, ethanol exports, and composition of vehicle fleet. Furthermore, the impacts of demand factors such as ethanol exports are strengthened by the increasing proportion of FFVs in the vehicle fleet. - Highlights: • The relative prices of ethanol and gasoline in Brazil exhibit strong mean-reversion. • The fuel price dynamics are mainly influenced by supply and demand factors. • The impacts of demand factors are strengthened by the increasing proportion of FFVs

  12. FUTURE FOSSIL FUEL PRICE IMPACTS ON NDC ACHIEVEMENT; ESTIMATION OF GHG EMISSIONS AND MITIGATION COSTS

    Directory of Open Access Journals (Sweden)

    Yosuke Arino

    2017-12-01

    Full Text Available The Shale Revolution in the US, a supply-side innovation in oil and gas production, has been dramatically changing the world’s fossil fuel energy markets – leading to a decrease in oil, gas and coal prices. Some projections suggest that low fossil fuel prices might continue at least over the next few decades. Uncertainty in fossil fuel prices might affect the levels of emission reductions expected from submitted nationally determined contributions (NDCs and/or influence the difficulty of achieving the NDCs. This paper evaluated the impact of different (high, medium, and low fossil fuel prices, sustained through to 2050, on worldwide GHG emissions reductions and associated costs (mainly marginal abatement costs (MACs. Total global GHG emissions were estimated to be 57.5-61.5 GtCO2eq by 2030, with the range shown reflecting uncertainties about fossil fuel prices and the target levels of several NDCs (i.e., whether their upper or lower targets were adopted. It was found that lower fuel prices not only diminished the environmental effectiveness of global NDCs but also widened regional differences of marginal and total abatement costs, thereby generating more room for carbon leakage. One possible policy direction in terms of abatement efficiency, fairness and environmental effectiveness would be to require countries with low marginal and total abatement costs but having a major influence on global GHG emissions (such as China and India to increase their mitigation efforts, especially in a low-fuelprice world.

  13. Production Costs of Alternative Transportation Fuels. Influence of Crude Oil Price and Technology Maturity

    Energy Technology Data Exchange (ETDEWEB)

    Cazzola, Pierpaolo; Morrison, Geoff; Kaneko, Hiroyuki; Cuenot, Francois; Ghandi, Abbas; Fulton, Lewis

    2013-07-01

    This study examines the production costs of a range of transport fuels and energy carriers under varying crude oil price assumptions and technology market maturation levels. An engineering ''bottom-up'' approach is used to estimate the effect of the input cost of oil and of various technological assumptions on the finished price of these fuels. In total, the production costs of 20 fuels are examined for crude oil prices between USD 60 and USD 150 per barrel. Some fuel pathways can be competitive with oil as their production, transport and storage technology matures, and as oil price increases. Rising oil prices will offer new opportunities to switch to alternative fuels for transport, to diversify the energy mix of the transport sector, and to reduce the exposure of the whole system to price volatility and potential distuption of supply. In a time of uncertainty about the leading vehicle technology to decarbonize the transport sector, looking at the fuel cost brings key information to be considered to keep mobility affordable yet sustainable.

  14. Wood fuel in Sweden 1800-1990 - consumption and price trends

    International Nuclear Information System (INIS)

    Schoen, L.

    1992-01-01

    The report presents consumption and price trends of wood fuel in Sweden 1800-1990 and discusses the increase in the use of wood fuel in the 1980's in a long-term perspective. Consumption of wood fuel grew at the same rate as population during most of the 19th century with a share of 95-80 per cent of total fuel consumption. Since the modern industrial breakthrough around the 1880's, consumption of wood fuel has decreased while that of fossiles and electricity have expanded. Temporarily, consumption increased during the world wars, particularly during the second one. The increase after the energy crises of the 1970's differs from those of the wars in some respects - thus, the changes in the conditions of energy supply and energy use were conceived as long-lasting, the increase in consumption took place with markets in function, and an important new user appeared, namely the district heating services. During both the 19th and the 20th century, prices of wood fuel have risen strongly in relation to those of most other products. This increase expresses the shifts in demand to wood resources and the comparatively weak productivity growth in forestry. Compared to prices of fossile fuels, the price increase of wood fuel ended in the 1920's and the relation has since then fluctuated. The strong shift in consumption to fossils from the 1920's is explained rather by the high costs of handling wood fuel. Wood fuel consumption has increased during periods of relatively decreasing wages. While the price increase of wood fuel can stimulate extended production also within agriculture, the study emphasizes the need of productivity growth in wood fuel production as well as product development towards the lowering of the handling costs of the user. (23 refs., 8 figs., 4 tabs.)

  15. Evidence of asymmetric behavioral responses to changes in gasoline prices and taxes for different fuel types

    International Nuclear Information System (INIS)

    Bajo-Buenestado, Raúl

    2016-01-01

    Using monthly data from the Spanish gasoline retail market we explore asymmetries in consumers’ behavioral responses to changes in gasoline prices and taxes. In particular, we are interested in investigating whether an increase in gasoline taxes has a more negative impact on the demand than a –similar in magnitude– increase in the “pre-tax” price of gasoline for different fuel types. We estimate fuel consumers’ responses using a rich set of robust panel data models considering potential dynamic effects and endogeneity problems. We find evidence to confirm the existence of asymmetric responses for the demand of unleaded fuels and agricultural diesel fuel. However we cannot support this statement for the regular diesel case: for this fuel both the tax-exclusive price and the tax elasticities are roughly the same. This result agrees with the fact that “diesel drivers” tend to be better informed about changes in both fuel prices and taxes. Some implications in terms of fiscal policy and pollution and climate change policy are also discussed. - Highlights: •Provide evidence of asymmetric responses of gasoline demand due to changes in prices and taxes. •Identify differences in the elasticity of the demand of diesel fuel and unleaded gasoline. •Perform robustness checks considering dynamic effects and IV regression. •Provide some policy recommendations for future gasoline tax changes.

  16. Recent developments and current policy issues in road pricing in the US and Canada

    OpenAIRE

    Lindsey, Robin

    2005-01-01

    The United States and Canada lag Europe and Singapore in implementing road pricing on a large scale. But the two countries have shown interest in tolling roads as a way to curb congestion and to generate revenues. The US is funding congestion pricing demonstration projects through its Value Pricing Pilot Program, and Canada has examined new ways to charge for road use and to finance road construction and maintenance. This paper reviews the current state of road pricing and funding...

  17. Fuel Prices as a Factor of Shaping Profitability of Road Transport in Poland

    Directory of Open Access Journals (Sweden)

    Marzantowicz Łukasz

    2016-12-01

    Full Text Available The goal of this article is to determine the relation between the price of fuel and the profitability of the company. For this purpose, the article defines the profitability of transport enterprises and points the source of the impact of changes in fuel prices on the profitability of companies in the road transport sector. The case of the ABC transport company shows the relationship between the costs incurred for the purchase of fuel and the cost of transport activities. To test the theoretical assumptions, case study method was used.

  18. Ambiguities of fighting inflation: structure of alcohol fuel prices; Os equivocos do combate a inflacao

    Energy Technology Data Exchange (ETDEWEB)

    Nastari, Plinio Mario [Fundacao Getulio Vargas (FGV), Sao Paulo, SP (Brazil)

    1993-12-31

    The control of consumer prices of alcohol fuel and gasoline has been used by the Brazilian government as a tool for fighting inflation. The production of alcohol fuel from biomass and the use of its by-products is one of the few strategies that will permit economic development and environmental preservation at the same time. While the pricing policy continues to determine the energy policy, it will be almost impossible to promote the production and the use of alcohol fuel in the country 8 figs.

  19. Effects of fuel price fluctuation on individual CO2 traffic emissions : empirical findings from pseudo panel data

    NARCIS (Netherlands)

    Yang, D.; Timmermans, H.J.P.

    2012-01-01

    Globalized concerns about greenhouse gasses and increased energy consumptions have stimulated research in transportation about the relationships between fuel prices and emissions. Many researchers have found that higher fuel price can reduce fuel consumption and CO2 emissions through a number of

  20. Risk hedging against the fuel price fluctuation in energy service business

    International Nuclear Information System (INIS)

    Bannai, Masaaki; Tomita, Yasushi; Ishida, Yasushi; Miyazaki, Takahiko; Akisawa, Atsushi; Kashiwagi, Takao

    2007-01-01

    Energy service business, or energy service company (ESCO), is expanding among industrial users as a means of energy saving. The ESCO business normally tends to become a long-term operation. During the operation, fluctuations of fuel and electricity costs significantly impact on the stability of the profit from ESCO business. Therefore, it is essential to reduce the risk of fuel and electricity cost fluctuations. Generally, a transaction called ''financial derivative'' is used as a measure of hedging against the fuel price fluctuation. In the case of ESCO business, it is necessary to manage the risk of both electricity and fuel price fluctuations because the variation in electricity price strongly affects the profit from ESCO as that in fuel price does. In this paper, the stabilization of the ESCO profit using financial derivatives was discussed by quantitative analyses of the actual data from existing plants. Case studies revealed that the appropriate volume of the fuel derivative implementation was less than a half of the fuel consumption at the ESCO facilities, and it ranged from 5% to 50%. (author)

  1. Estimating Price Elasticity of Demand for Motor Fuel in the Transport Sectors

    Directory of Open Access Journals (Sweden)

    Olga Vasilyevna Mazurova

    2015-03-01

    Full Text Available Modeling of long-term forecasts of prices and demand on regional energy markets requires accounting for the future changes in the interactions between the greater economy and its energy sector, along with the possible emergence of new factors and specific regional features determining those interactions. The proposed approach allows the study of a correlation between demand and prices for motor fuel, taking into account the competition of energy carriers, the dynamics of energy prices, resource constraints, the use of new technologies and the uncertainty of input data. The main feature of the proposed approach is the combined estimation of the price elasticity of demand for motor fuel with optimization of fuel supply in the region. Thus the author determined elasticity of demand based on the comparison of economic efficiency of the use of different fuels. The study includes results of experimental calculations and forecasted price according to demand for motor fuel in freight transportation for the expected development conditions of the Far Eastern federal district

  2. Why are current world food prices so high? : a memo

    NARCIS (Netherlands)

    Banse, M.A.H.; Nowicki, P.L.; Meijl, van H.

    2008-01-01

    World agricultural prices are very volatile which is due to traditional characteristics of agricultural markets such as inelastic (short run) supply and demand curves. A combination of record low global inventory levels, weather induced supply side shocks, surging outside investor influence, record

  3. A revisit of fossil-fuel subsidies in China: Challenges and opportunities for energy price reform

    International Nuclear Information System (INIS)

    Lin, Boqiang; Ouyang, Xiaoling

    2014-01-01

    Highlights: • We measure fossil-fuel subsidies and effects of subsidy removal in a systematic fashion during 2006–2010. • Fossil-fuel subsidies scale of China was CNY 881.94 billion in 2010, equivalent to 2.59% of GDP. • Impacts of removing subsidies on macroeconomic variables are examined by the CGE model. • Future policy should focus on designing transparent, targeted and efficient energy subsidies. - Abstract: Fossil-fuel subsidies contribute to the extensive growth of energy demand and the related carbon dioxide emissions in China. However, the process of energy price reform is slow, even though China faces increasing problems of energy scarcity and environmental deterioration. This paper focuses on analyzing fossil fuel subsidies in China by estimating subsidies scale and the implications for future reform. We begin by measuring fossil-fuel subsidies and the effects of subsidy removal in a systematic fashion during 2006–2010 using a price-gap approach. Results indicate that the oil price reform in 2009 significantly reduced China’s fossil-fuel subsidies and modified the subsidy structure. Fossil-fuel subsidies scale in China was 881.94 billion CNY in 2010, which was lower than the amount in 2006, equivalent to 2.59% of the GDP. The macro-economic impacts of removing fossil-fuel subsidies are then evaluated by the computable general equilibrium (CGE) model. Results demonstrate that the economic growth and employment will be negatively affected as well as energy demand, carbon dioxide and sulfur dioxide emissions. Finally, policy implications are suggested: first, risks of government pricing of energy are far from negligible; second, an acceptable macroeconomic impact is a criterion for energy price reform in China; third, the future energy policy should focus on designing transparent, targeted and efficient energy subsidies

  4. Social cost pricing of fossil fuels used in the production of electricity: implications to biomass feasibility

    International Nuclear Information System (INIS)

    Dillivan, K.D.; English, B.C.

    1997-01-01

    The primary objective of this study is to investigate full social pricing for fossil fuels and the subsequent effect on biomass quantities in the state of Tennessee. The first step is to estimate the full social costs and then to estimate the effects of their internalization. Other objectives are (1) investigate whether or not market imperfections exist, (2) if they exist, how should full social cost pricing be estimated, (3) what other barriers help fossil fuels stay economically attractive and prevent biomass from competing, (4) estimating the demand for biomass, and (5) given this demand for biomass, what are the implications for farmers and producers in Tennessee. (author)

  5. Price transmission between biofuels, fuels and food commodities

    Czech Academy of Sciences Publication Activity Database

    Krištoufek, Ladislav; Janda, K.; Zilberman, D.

    2014-01-01

    Roč. 8, č. 3 (2014), s. 362-373 ISSN 1932-104X Grant - others:GA ČR(CZ) GAP402/11/0948 Program:GA Institutional support: RVO:67985556 Keywords : biofuels * price transmission * non-linearity * elasticity Subject RIV: AH - Economics Impact factor: 4.214, year: 2014 http://library.utia.cas.cz/separaty/2014/E/kristoufek-0433525.pdf

  6. Prices versus policy: An analysis of the drivers of the primary fossil fuel mix

    International Nuclear Information System (INIS)

    Atalla, Tarek; Blazquez, Jorge; Hunt, Lester C.; Manzano, Baltasar

    2017-01-01

    Energy policymakers often attempt to shape their countries' energy mix, rather than leave it purely to market forces. By calibrating and simulating a Dynamic Stochastic General Equilibrium (DSGE) model, this paper analyzes the primary fossil fuel mix in the USA and compares it to Germany and the UK, given the different evolution of the mixes and the different roles played by relative prices and policy in North America and Europe. It is found that the model explains well the evolution of the primary fossil fuel mix in the USA for the period 1980–2014, suggesting that relative fossil fuel prices generally dominated in determining the mix during this time. However, this is not the case for Germany and the UK. For both countries, the model performs well only for the period after the market-oriented reforms in the 1990s. Additionally, the volatility of private consumption and output for the pre- and post-reform periods is evaluated for Germany and the UK and it is found that the liberalized energy markets brought about a transition from coal to natural gas, but with increased macroeconomic volatility. - Highlights: • Macroeconomic analysis of the importance of prices vs policy in driving the primary fossil fuel mix. • USA primary fossil fuel mix chiefly driven by relative prices since the early 1980s. • Germany and UK primary fossil fuel mix chiefly driven by policy until 1990s. • Germany and UK primary fossil fuel mix chiefly driven by relative prices since early to mid-1990s. • Transition from coal to natural gas in Germany and UK increased macroeconomic volatility.

  7. Effects of SO2 emission regulations and fuel prices on levellized energy costs for industrial steam generation options

    International Nuclear Information System (INIS)

    Ozdogan, Sibel; Arikol, Mahir

    1992-01-01

    We discuss the impacts of SO 2 emission regulations and fuel prices on levellized energy costs of industrial steam generation options. A computer model called INDUSTEAM has been utilized. The steam-supply options comprise conventional grate-firing, bubbling and circulating fluidized beds, fuel-oil, and natural-gas-fired systems. Fuels of different SO 2 pollution potential have been evaluated assuming six environmental scenarios and varying fuel prices. A capacity range of 10-90 MW th is covered. (author)

  8. A prospective analysis of Brazilian biofuel economy: Land use, infrastructure development and fuel pricing policies

    Science.gov (United States)

    Nunez Amortegui, Hector Mauricio

    country components, ethanol and gasoline are assumed to be perfect substitutes and combined in accordance with the specified blending regulations to generate VKT. For gasoline, an upward sloping supply function is assumed for the U.S., while in the case of Brazil a perfectly elastic supply function is used reflecting the pricing policy implemented in recent years. Consumers' driving behavior and fuel choice are determined by the model in accordance with the composition of the vehicle fleets in both countries. The model also simulates the economic impacts of transportation infrastructure developments in Brazil, specifically the recently launched ethanol pipeline project which is expected to affect not only the price, production, consumption and trade of ethanol but also the land use changes in the country. All these factors are combined to assess the impacts on economic surplus and total direct Greenhouse Gas (GHG) emissions in the U.S. and Brazil. The model is calibrated for 2007 and markets conditions are projected to 2022 under different policy scenarios. Empirical results show that a free ethanol trade regime in the U.S. would reduce the domestic ethanol production, including both corn and cellulosic ethanol. The U.S. biofuel production would be consumed completely in the domestic market and part of the demand is met by imports. Brazil, on the other hand, would meet its domestic ethanol demand and export about half of its production to the U.S., China and the ROW to meet the biofuel mandates in those countries. With regards to the land use, the model results show that intensifying the current livestock systems in Brazil would release a significant amount of land for corn and soybean production, and sugarcane acreage would expand in the denominated "region of expansion". The livestock semi-intensification in Brazil, driven by the high world ethanol demand and considered as the only alternative to expand sugarcane area in this study, would reduce the aggregate GHG

  9. Demand, supply and fuel prices forecast to the year 2000

    International Nuclear Information System (INIS)

    1984-01-01

    This paper summarizes the Western European energy situation, and deals with specific aspects under the headings: European oil prices fall until 1987; prospects for oil recovery; transport sector holds oil demand up as oil demand loses favour in other sectors; upstream uncertainties; continued slackness of European natural gas market poses threat to oil; problems for European coal industry; dramatic growth in nuclear power; breeder reactors to play minimal role; PWRs will remain dominant. The situation in individual countries - Belgium, the Netherlands, France, Germany, United Kingdom, Italy and Spain - is analysed. (U.K.)

  10. Calculating the price trajectory of adoption of fuel cell vehicles

    Energy Technology Data Exchange (ETDEWEB)

    Adamson, K.-A. [Technical University of Berlin (Germany). Fuel Cell and Hydrogen Research Centre

    2005-03-01

    How do you model consumer behaviour for disruptive technologies? Technologies that potentially have no antecedents and that, by their very definition, change consumer behaviour patterns? This paper outlines a methodology and results employed during a study to model the consumer willingness to pay for fuel cell vehicles, a potential disruptive innovation (DI). The first part of the study provides a short overview on DI highlighting why the fuel cell family of technologies may represent an upcoming DI. From the post ante study of successful historical disruptive innovations a number of initial rules of adoption' can be sketched. Further narrowing of the focus on economic reasons for adoption provides a framework for which the willingness to pay for the new disruptive technology, such as, here, fuel cell vehicles, can be analysed during different phases of the market. This economic framework is then applied to the potential future market of fuel cell vehicles using information from a model that was built from vehicles during the build years 1994-2002 in the subcompact, compact and luxury class. The results presented in this paper concentrate on the subcompact and compact class of vehicle and supersede the initial results previously published. Finally, there is a short discussion on different pathways that this can be taken forward and used to help in policy decisions. (author)

  11. Automotive fuels. Quality current and future perspectives

    International Nuclear Information System (INIS)

    Avella, F.

    1999-01-01

    In the present paper, a general view of the automotive fuel characteristics and of the influence of the most important fuel parameters on the engine performance and emissions are presented. At short term, the future scenario is conditioned by the application of the next European Directive on fuel specifications, that will came into effect on 1 January 2000. The composition of liquid fuels shall be subject to modifications nd restrictions to meet the new specifications Among alternative fuels, natural gas and Lpg (liquefied petroleum gases) are the most interesting in the view point of environmental protection. Biodiesel constitutes a potential and valid alternative to mineral gas oil in diesel engines [it

  12. The Value of Renewable Energy as a Hedge Against Fuel Price Risk: Analytic Contributions from Economic and Finance Theory

    Energy Technology Data Exchange (ETDEWEB)

    Bolinger, Mark A; Wiser, Ryan

    2008-09-15

    For better or worse, natural gas has become the fuel of choice for new power plants being built across the United States. According to the Energy Information Administration (EIA), natural gas-fired units account for nearly 90% of the total generating capacity added in the U.S. between 1999 and 2005 (EIA 2006b), bringing the nationwide market share of gas-fired generation to 19%. Looking ahead over the next decade, the EIA expects this trend to continue, increasing the market share of gas-fired generation to 22% by 2015 (EIA 2007a). Though these numbers are specific to the US, natural gas-fired generation is making similar advances in many other countries as well. A large percentage of the total cost of gas-fired generation is attributable to fuel costs--i.e., natural gas prices. For example, at current spot prices of around $7/MMBtu, fuel costs account for more than 75% of the levelized cost of energy from a new combined cycle gas turbine, and more than 90% of its operating costs (EIA 2007a). Furthermore, given that gas-fired plants are often the marginal supply units that set the market-clearing price for all generators in a competitive wholesale market, there is a direct link between natural gas prices and wholesale electricity prices. In this light, the dramatic increase in natural gas prices since the 1990s should be a cause for ratepayer concern. Figure 1 shows the daily price history of the 'first-nearby' (i.e., closest to expiration) NYMEX natural gas futures contract (black line) at Henry Hub, along with the futures strip (i.e., the full series of futures contracts) from August 22, 2007 (red line). First, nearby prices, which closely track spot prices, have recently been trading within a $7-9/MMBtu range in the United States and, as shown by the futures strip, are expected to remain there through 2012. These price levels are $6/MMBtu higher than the $1-3/MMBtu range seen throughout most of the 1990s, demonstrating significant price escalation for

  13. Calculation of fuel, currency, and inland freight price adjustment factors for military marine shipping

    Science.gov (United States)

    2013-11-01

    This report describes the refreshing of the USTRANSCOM Economic Price Adjustment (EPA) factors for use in the USC-7 contract. The three EPA factors developed by Volpe in 2009 are the starting point for this update, and these are the Bunker Fuel Adjus...

  14. Long term fuel price elasticity: effects on mobility tool ownership and residential location choice - Final report

    Energy Technology Data Exchange (ETDEWEB)

    Erath, A.; Axhausen, K. W.

    2010-04-15

    This comprehensive final report for the Swiss Federal Office of Energy (SFOE) examines the long-term effects of fuel price elasticity. The study analyses how mobility tool usage and ownership as well as residence location choice are affected by rising fuel costs. Based on econometric models, long-term fuel price elasticity is derived. The authors quote that the demand reactions to higher fuel prices mainly observed are the reduction of mileage and the consideration of smaller-engined and diesel-driven cars. As cars with natural gas powered engines and electric drives were hardly considered in the survey, the results of the natural gas model can, according to the authors, only serve as a trend. No stable model could be estimated for the demand and usage of electric cars. A literature overview is presented and the design of the survey is discussed, whereby socio-demographical variables and the effects of price and residence changes are discussed. Modelling of mobility tool factors and results obtained are looked at. Finally, residence choice factors are modelled and discussed. Several appendices complete the report.

  15. Fuels planning: science synthesis and integration; economic uses fact sheet 07: markets and log prices

    Science.gov (United States)

    Rocky Mountain Research Station USDA Forest Service

    2004-01-01

    Markets and prices for logs vary widely across the West, fluctuating from place to place in response to regional variables and hauling costs. This fact sheet discusses those variables, locality of log markets, markets for low-value logs, and caveats to consider when using My Fuel Treatment Planner.

  16. Methods of economic analysis applied to fusion research: discount rate determination and the fossil fuel price effect

    Energy Technology Data Exchange (ETDEWEB)

    1978-09-25

    In current and previous efforts, ECON has provided a preliminary economic assessment of a fusion research program. Part of this effort was the demonstration of a methodology for the estimation of reactor system costs and risk and for the treatment of program alternatives as a series of steps (tests) to buy information, thereby controlling program risk and providing a sound economic rationale for properly constructed research programs. The first phase of work also identified two areas which greatly affect the overall economic evaluation of fusion research and which warranted further study in the second phase. This led to the two tasks of the second phase reported herein: (1) discount rate determination and (2) evaluation of the effect of the expectation of the introduction of fusion power on current fossil fuel prices. In the first task, various conceptual measures of the social rate of discount were reviewed and critiqued. In the second task, a benefit area that had been called out by ECON was further examined. Long-range R and D yields short-term benefits in the form of lower nonrenewable energy resource prices because the R and D provides an expectation of future competition for the remaining reserves at the time of technology availability. ECON developed a model of optimal OPEC petroleum pricing as a function of the expectation of future competing technologies. It was shown that the existence of this expectation lowers the optimal OPEC export price and that accelerated technology R and D programs should provide further price decreases. These price reductions translate into benefits to the U.S. of at least a billion dollars.

  17. Reforming fossil fuel prices in India: Dilemma of a developing economy

    International Nuclear Information System (INIS)

    Anand, Mukesh Kumar

    2016-01-01

    Over the period between 1990–1 and 2012–3, fossil fuel use on farms has risen and its indirect use in farming, particularly for non-energy purposes, is also growing. Consequently, both energy intensity and fossil fuel intensity are rising for Indian agriculture. But, these are declining for the aggregate Indian economy. Thus, revision of fossil fuel prices acquires greater significance for Indian agriculture than for rest of the economy. There are significant differences across crops. The crop-level analysis is supplemented by an alternative approach that utilizes a three-sector input–output (I–O) model for the Indian economy representing farming, fossil fuels, and rest of economy. Fossil fuels sector is assessed to portray, in general, strong forward linkages. The increase in total cost of farming, for a given change in fossil fuel prices, is estimated as a multiple of increase in direct input cost of fossil fuels in farming. From the three-sector aggregated economy this multiple was estimated at 3.99 for 1998–9. But it grew to 6.7 in 2007–8. The findings have stronger ramifications than commonly recognized, for inflation and cost of implementing the policy on food security. - Highlights: •Fossil fuels’ contribution in primary energy supply has risen from 55 to 75 per cent. •Energy intensity halved for aggregate GDP, but doubled for agricultural GDP. •Impact of fossil fuel price increase on farming costs mimics a widening spiral. •Total cost of farming may increase 6.7 times the increase in direct fuel input cost.

  18. How do the stock prices of new energy and fossil fuel companies correlate? Evidence from China

    International Nuclear Information System (INIS)

    Wen, Xiaoqian; Guo, Yanfeng; Wei, Yu; Huang, Dengshi

    2014-01-01

    This study documents the return and volatility spillover effect between the stock prices of Chinese new energy and fossil fuel companies using the asymmetric BEKK model. Based on daily samples taken from August 30, 2006 to September 11, 2012, the dynamics of new energy/fossil fuel stock spillover are found to be significant and asymmetric. Compared with positive news, negative news about new energy and fossil fuel stock returns leads to larger return changes in their counter assets. News about both new energy and fossil fuel stock returns spills over into variances of their counter assets, and the volatility spillovers depend complexly on the respective signs of the return shocks of each asset. The empirical results demonstrate that new energy and fossil fuel stocks are generally viewed as competing assets, that positive news about new energy stocks could affect the attractiveness of fossil fuel stocks and that new energy stock investment is more speculative and riskier than fossil fuel stock investment. These results have potential implications for asset allocation, financial risk management and energy policymaking. - Highlights: • The dynamics of Chinese new energy/fossil fuel stock spillover are significant and asymmetric. • New energy and fossil fuel stocks are generally viewed as competing assets. • Positive news about new energy stocks affects the attractiveness of fossil fuel stocks. • New energy stock investment is more speculative and riskier than fossil fuel stock investment

  19. Apples with apples: accounting for fuel price risk in comparisons of gas-fired and renewable generation

    Energy Technology Data Exchange (ETDEWEB)

    Bolinger, Mark; Wiser, Ryan

    2003-12-18

    For better or worse, natural gas has become the fuel of choice for new power plants being built across the United States. According to the US Energy Information Administration (EIA), natural gas combined-cycle and combustion turbine power plants accounted for 96% of the total generating capacity added in the US between 1999 and 2002--138 GW out of a total of 144 GW. Looking ahead, the EIA expects that gas-fired technology will account for 61% of the 355 GW new generating capacity projected to come on-line in the US up to 2025, increasing the nationwide market share of gas-fired generation from 18% in 2002 to 22% in 2025. While the data are specific to the US, natural gas-fired generation is making similar advances in other countries as well. Regardless of the explanation for (or interpretation of) the empirical findings, however, the basic implications remain the same: one should not blindly rely on gas price forecasts when comparing fixed-price renewable with variable-price gas-fired generation contracts. If there is a cost to hedging, gas price forecasts do not capture and account for it. Alternatively, if the forecasts are at risk of being biased or out of tune with the market, then one certainly would not want to use them as the basis for resource comparisons or investment decisions if a more certain source of data (forwards) existed. Accordingly, assuming that long-term price stability is valued, the most appropriate way to compare the levelized cost of these resources in both cases would be to use forward natural gas price data--i.e. prices that can be locked in to create price certainty--as opposed to uncertain natural gas price forecasts. This article suggests that had utilities and analysts in the US done so over the sample period from November 2000 to November 2003, they would have found gas-fired generation to be at least 0.3-0.6 cents/kWh more expensive (on a levelized cost basis) than otherwise thought. With some renewable resources, in particular wind

  20. A Study on the Current Oil and Gas Price Formula and Its Improvement

    Energy Technology Data Exchange (ETDEWEB)

    Park, Chang Won; Lee, Young Koo [Korea Energy Economics Institute, Euiwang (Korea)

    2000-12-01

    The object of this study is to suggest some improvements on current price formulas on oil and gas which have been pivotal roles in the process of Korean economic growth. This study first examines basic frames and transition of oil and gas pricing in Korea and then finds some suggestions on them by scrutinizing their theoretical backgrounds. This study finds several problems on oil and gas pricing formulas. (a) In a model that is now studied to evaluate the current domestic oil price, the costs associated with oil security such as oil stockpile are fully penetrated into oil price without their fair evaluations. There is no evaluation principle on the costs occurred in oil supply security. (b) The Rate Of Equity(ROE), a crucial factor in town-gas pricing which is strictly controlled, is directly connected to the average interest rate on saving accounts of domestic commercial banks. Some arguments may have rise about inclusion a risk factor on ROE in order to compensate the uncertainty of town-gas business. (c) New demand for natural gas which is generated by new technologies or machinery and tools can help reduce the costs occurred from seasonal imbalance between power sector and gas sector. So it is also important to decide how to include the beneficiary of cost reduction in town-gas pricing. In order to evaluate the proper price levels, this study tests energy supply security by adopting methodologies such as Herfindahl Index and Portfolio Variance Risk. They can help develop the method to effectively improve the energy security and include the proper energy security costs into energy prices. This study also provides some suggestions for betterment of current ROE decision rule in town-gas business and for improvement of current town-gas policy that government subsidizes newly developed demand for strengthening price competitiveness in the early stage. (author). 145 refs., 16 figs., 49 tabs.

  1. Survey regarding the prices of wood fuels over the 2014 - 2015 period - Synthesis

    International Nuclear Information System (INIS)

    Fautrad, Alice

    2015-11-01

    The study conducted by CODA Strategies contains, in a first part, the synthesis and the full report of the results of a survey realized in 2015 among distributors of wood fuels for domestic, commercial, industrial and collective housing purposes. A second report presents the 2014-2015 fuel prices for commercial, industrial and collective housing markets only. This report is based on data published by the CEEB and proposes a method to estimate the cost of delivery. A third report presents the 2014-2015 results of a survey realized among distributors of wood fuels for domestic purposes only. This report also presents data regarding wood pellets price, in order to place the French market in its international context. A last report presents a French/English synthesis of the the 2014-2015 survey results

  2. Oil prices and current account: A structural analysis for the Turkish economy

    International Nuclear Information System (INIS)

    Ozlale, Umit; Pekkurnaz, Didem

    2010-01-01

    Although there has been an increasing number of studies about the effects of oil prices on the macroeconomic performances, the literature on the interaction between oil prices and current account is limited, especially for oil importing developing countries. This paper analyzes the impact of oil prices on the current account balances for the Turkish economy using a structural vector autoregression model. Our model allows us to identify the net effect of oil prices on current account balances after controlling for other factors such as output gap and exchange rate misalignment. The results show that the response of current account ratio to oil price shock increases gradually up to the first three months and then starts to decrease, which indicates a significant effect of oil price shocks in the short-run. Moreover, when the obtained structural shocks are employed in a simple regression analysis, the parameter regarding the oil price shocks is found to be negative and statistically significant. The final section discusses the policy implications of the results.

  3. Influence of the pro-ecological tax on the market prices of fuels and electricity

    International Nuclear Information System (INIS)

    Szargut, Jan; Stanek, Wojciech

    2008-01-01

    The proposed pro-ecological tax should be proportional to the cumulative consumption of non-renewable natural exergy burdening the considered product. It should replace the existing value-added tax (VAT). The income of the state after introducing the new tax, should remain without any change. That principle determines the coefficient of proportionality between the cumulative consumption of non-renewable exergy and the value of the tax. The total value of the tax should be paid to the state after extracting the minerals and fuels from nature and importing the fuels and semi-finished products, then transferred to the subsequent products in a form of their elevated price. Hence, the tax is eventually paid by the consumers in the form of an elevated price of goods and services. The total income of the society should remain without any changes. The largest price increase will appear in the case of fuels and electricity. The prices of electricity produced from renewable resources are calculated too, taking into account the accompanying unavoidable consumption of non-renewable exergy for the construction of the power plant. The new VAT should enhance the economy of the most energy-consuming products, stimulate the mitigation of the total consumption level of the society and increase the application of the renewable energy resources. (author)

  4. Gasoline prices, gasoline consumption, and new-vehicle fuel economy: Evidence for a large sample of countries

    International Nuclear Information System (INIS)

    Burke, Paul J.; Nishitateno, Shuhei

    2013-01-01

    Countries differ considerably in terms of the price drivers pay for gasoline. This paper uses data for 132 countries for the period 1995–2008 to investigate the implications of these differences for the consumption of gasoline for road transport. To address the potential for simultaneity bias, we use both a country's oil reserves and the international crude oil price as instruments for a country's average gasoline pump price. We obtain estimates of the long-run price elasticity of gasoline demand of between − 0.2 and − 0.5. Using newly available data for a sub-sample of 43 countries, we also find that higher gasoline prices induce consumers to substitute to vehicles that are more fuel-efficient, with an estimated elasticity of + 0.2. Despite the small size of our elasticity estimates, there is considerable scope for low-price countries to achieve gasoline savings and vehicle fuel economy improvements via reducing gasoline subsidies and/or increasing gasoline taxes. - Highlights: ► We estimate the determinants of gasoline demand and new-vehicle fuel economy. ► Estimates are for a large sample of countries for the period 1995–2008. ► We instrument for gasoline prices using oil reserves and the world crude oil price. ► Gasoline demand and fuel economy are inelastic with respect to the gasoline price. ► Large energy efficiency gains are possible via higher gasoline prices

  5. Hogged wood fuel price analysis in the U.S. Pacific Northwest

    International Nuclear Information System (INIS)

    Biederman, R.T.; Blazek, C.F.; Fox, P.J.

    1991-01-01

    The purpose of this paper is to discuss the results of a comprehensive analysis of wood residues used for meeting energy requirements in the Pacific Northwest region of the United States. These wood residues are generated primarily from cutting, sawing, planning, sanding, and debarking activities in the lumber and plywood industries. While high-quality wood residues are commonly used as raw material in the manufacture of pulp and board commodities, a very large amount of wood residues are ultimately used for plant fuel purposes. The characteristics of this market for hogged wood fuel are examined in depth, with particular emphasis given to the factors which affect the supply, demand and price of hogged wood. Hogged wood has played an enormous role in the Pacific Northwest for over sixty years, a result of the massive regional timber harvest. Utilization of this renewable energy resource continues to be a large component in regional energy supply. Despite having a large number of highly integrated mills that both use and produce wood residues, the Pacific Northwest region experiences a lively trade in hogged wood. The IGT study discussed herein examines the determinants of the regional market price for hogged wood. A number of useful leading indicators are identified, and a statistical forecasting model is prepared to help predict future hogged wood prices. This model provides insight into the factors that are, and are not, important determinants of hogged wood price. The issue of fuel substitution is addressed in relation to the potential of hogged wood to displace some amount of primary energy sources such as natural gas and electricity. Also examined in the study are techniques to estimate the actual quantity of hogged wood available, and the quantity demanded by the marketplace. Conclusions presented in the study have important ramifications for understanding the price behavior and utilization of hogged wood fuel. 4 refs., 12 figs

  6. Oil price, government policies fuel industry's shift from U.S

    International Nuclear Information System (INIS)

    Silas, C.J.

    1991-01-01

    The world exploration outlook starts with the outlook for the price of oil. This paper reports that oil prices and government policies for fuel industries shift from the U.S. If we've learned anything in the past decade it's that we're not very good at predicting oil prices. We can build economic models of supply and demand but we can't build models for political events in the Middle East or the actions of someone like Saddam Hussein. As we look to 2000 our best estimate is that oil will remain at about $20 for the near term and move upward very gradually during the rest of the decade. Of course, rising demand eventually should cause oil prices to break out and show some strength. But not soon. We don't see oil prices overcoming inflation until the latter part of the decade. And we aren't expecting oil prices much above $25 in inflation adjusted terms until the next century

  7. Spent fuel management: Current status and prospects

    International Nuclear Information System (INIS)

    1988-12-01

    The main objective of the Advisory Group on Spent Fuel Management is to review the world-wide situation in Spent Fuel Management, to define the most important directions of national efforts and international cooperation in this area, to exchange information on the present status and progress in performing the back-end of Nuclear Fuel Cycle and to elaborate the general recommendations for future Agency programmes in the field of spent fuel management. This report which is a result of the third IAEA Advisory Group Meeting (the first and second were held in 1984 and 1986) is intended to provide the reader with an overview of the status of spent fuel management programmes in a number of leading countries, with a description of the past and present IAEA activities in this field of Nuclear Fuel Cycle and with the Agency's plans for the next years, based on the proposals and recommendations of Member States. A separate abstract was prepared for each of 14 papers presented at the advisory group meeting. Refs, figs and tabs

  8. Volatile behaviour of enrichment uranium in the total nuclear fuel price

    International Nuclear Information System (INIS)

    Arnaiz, J.; Inchausti, J. M.; Tarin, F.

    2004-01-01

    In this article the historical high volatile behaviour of the total nuclear fuel price is evaluated quantitatively and it is concluded that it has been due mainly to the fluctuations of the price of the principal components of enriched uranium (concentrates and enrichment). In order to avoid the negative effects of this volatiles behaviour as far as possible, a basic strategy in the uranium procurement activities is recommended (union of buyers, diversification of supplier, stock management, optimisation of contract portfolio and suitable currency management that guarantees a reliable uranium supply at reasonable prices. These guidelines are those that ENUSA has been following on behalf of the Spanish Utilities in the Commission of Uranium Procurement (CAU in Spanish). (Author) 11 refs

  9. How to Avoid the Usual Price Rule on the Fuel Market in the Czech Republic

    Directory of Open Access Journals (Sweden)

    Pavel Semerád

    2016-01-01

    Full Text Available The paper deals with value added tax evasions on the fuel market in the Czech Republic. This commodity is used in carousel fraud. In the chains of taxpayers there are missing traders who fail to meet their tax obligations. Their business strategy is based on quick sales at unusually low prices which do not allow honest parties to compete. Tax administrators should focus on unusual prices which constitute a higher probability of tax evasions. This paper aims to verify whether or not there are ways to evade the measure, focusing specifically on applying methods which could help achieve lower sales prices while avoiding the possibility to require unpaid tax from the recipients of taxable supply. The weaknesses thus found are described and demonstrated in more detail in the paper. During a research some ways were found which could be used for avoiding this specific measure. Methods of Cash Back and Free Shipping were identified and described.

  10. Statistical model for forecasting uranium prices to estimate the nuclear fuel cycle cost

    Energy Technology Data Exchange (ETDEWEB)

    Kim, Sung Ki; Ko, Won Il; Nam, Hyoon [Nuclear Fuel Cycle Analysis, Korea Atomic Energy Research Institute, Daejeon (Korea, Republic of); Kim, Chul Min; Chung, Yang Hon; Bang, Sung Sig [Korea Advanced Institute of Science and Technology, Daejeon (Korea, Republic of)

    2017-08-15

    This paper presents a method for forecasting future uranium prices that is used as input data to calculate the uranium cost, which is a rational key cost driver of the nuclear fuel cycle cost. In other words, the statistical autoregressive integrated moving average (ARIMA) model and existing engineering cost estimation method, the so-called escalation rate model, were subjected to a comparative analysis. When the uranium price was forecasted in 2015, the margin of error of the ARIMA model forecasting was calculated and found to be 5.4%, whereas the escalation rate model was found to have a margin of error of 7.32%. Thus, it was verified that the ARIMA model is more suitable than the escalation rate model at decreasing uncertainty in nuclear fuel cycle cost calculation.

  11. Statistical model for forecasting uranium prices to estimate the nuclear fuel cycle cost

    International Nuclear Information System (INIS)

    Kim, Sung Ki; Ko, Won Il; Nam, Hyoon; Kim, Chul Min; Chung, Yang Hon; Bang, Sung Sig

    2017-01-01

    This paper presents a method for forecasting future uranium prices that is used as input data to calculate the uranium cost, which is a rational key cost driver of the nuclear fuel cycle cost. In other words, the statistical autoregressive integrated moving average (ARIMA) model and existing engineering cost estimation method, the so-called escalation rate model, were subjected to a comparative analysis. When the uranium price was forecasted in 2015, the margin of error of the ARIMA model forecasting was calculated and found to be 5.4%, whereas the escalation rate model was found to have a margin of error of 7.32%. Thus, it was verified that the ARIMA model is more suitable than the escalation rate model at decreasing uncertainty in nuclear fuel cycle cost calculation

  12. Payback Period for Emissions Abatement Alternatives: Role of Regulation and Fuel Prices

    DEFF Research Database (Denmark)

    Zis, Thalis; Angeloudis, Panagiotis; Bell, Michael G. H.

    2016-01-01

    As of January 2015, the new maximum limit of fuel sulfur content for ships sailing within emission control areas has been reduced to 0.1%. A critical decision for ship owners in advance of the new limits was the selection of an abatement method that complies with the regulations. Two main options...... exist: investing in scrubber systems that remove sulfur dioxide emissions from the exhaust and switching to low-sulfur fuel when sailing in regulated waters. The first option would involve significant capital costs, while the latter would lead to operating cost increases because of the higher price...

  13. Extreme Weather and Civil War in Somalia: Does Drought Fuel Conflict through Livestock Price Shocks?

    OpenAIRE

    Maystadt, Jean-Francois; Ecker, Olivier; Mabiso, Athur

    2013-01-01

    Climate change leads to more frequent and more intense droughts in Somalia. In a global context, weather shocks have been found to perpetuate poverty and fuel civil conflict. By relating regional and temporal variations in violent conflict outbreaks with drought incidence and severity, we show that this causality is valid also for Somalia at the local level. We find that livestock price shocks drive drought-induced conflicts through reducing the opportunity costs of conflict participation. Ou...

  14. Optimal fuel-mix in CHP plants under a stochastic permit price. Risk-neutrality versus risk-aversion

    International Nuclear Information System (INIS)

    Lappi, Pauli; Ollikka, Kimmo; Ollikainen, Markku

    2010-01-01

    This paper studies the optimal fuel-mix of a CHP producer under emission permit price risk. The producer's multi-fuel plant uses two CO 2 -intensive fuels and one clean fuel. Using a mean-variance framework we develop three models. The models are divided into spot-models (risk neutral and risk averse cases) and a forward-model (risk averse case). We derive the effects of price risk on optimal fuel use. An increase in price risk can in fact increase the use of CO 2 -intensive fuel in the spot-model. In the forward-model, the production and financial decisions are separate. We also evaluate the risk-bearing behavior of seven Finnish CHP producers. We found that risk-neutrality describes behavior better than risk-aversion. (author)

  15. Optimal fuel-mix in CHP plants under a stochastic permit price. Risk-neutrality versus risk-aversion

    Energy Technology Data Exchange (ETDEWEB)

    Lappi, Pauli; Ollikka, Kimmo; Ollikainen, Markku [Department of Economics and Management, P.O. Box 27, University of Helsinki, FIN-00014 Helsinki (Finland)

    2010-02-15

    This paper studies the optimal fuel-mix of a CHP producer under emission permit price risk. The producer's multi-fuel plant uses two CO{sub 2}-intensive fuels and one clean fuel. Using a mean-variance framework we develop three models. The models are divided into spot-models (risk neutral and risk averse cases) and a forward-model (risk averse case). We derive the effects of price risk on optimal fuel use. An increase in price risk can in fact increase the use of CO{sub 2}-intensive fuel in the spot-model. In the forward-model, the production and financial decisions are separate. We also evaluate the risk-bearing behavior of seven Finnish CHP producers. We found that risk-neutrality describes behavior better than risk-aversion. (author)

  16. Optimal fuel-mix in CHP plants under a stochastic permit price: Risk-neutrality versus risk-aversion

    Energy Technology Data Exchange (ETDEWEB)

    Lappi, Pauli, E-mail: pauli.lappi@helsinki.f [Department of Economics and Management, P.O. Box 27, University of Helsinki, FIN-00014 Helsinki (Finland); Ollikka, Kimmo, E-mail: kimmo.ollikka@helsinki.f [Department of Economics and Management, P.O. Box 27, University of Helsinki, FIN-00014 Helsinki (Finland); Ollikainen, Markku, E-mail: markku.ollikainen@helsinki.f [Department of Economics and Management, P.O. Box 27, University of Helsinki, FIN-00014 Helsinki (Finland)

    2010-02-15

    This paper studies the optimal fuel-mix of a CHP producer under emission permit price risk. The producer's multi-fuel plant uses two CO{sub 2}-intensive fuels and one clean fuel. Using a mean-variance framework we develop three models. The models are divided into spot-models (risk neutral and risk averse cases) and a forward-model (risk averse case). We derive the effects of price risk on optimal fuel use. An increase in price risk can in fact increase the use of CO{sub 2}-intensive fuel in the spot-model. In the forward-model, the production and financial decisions are separate. We also evaluate the risk-bearing behavior of seven Finnish CHP producers. We found that risk-neutrality describes behavior better than risk-aversion.

  17. Price and income elasticities of demand for passenger transport fuels in Spain. Implications for public policies

    International Nuclear Information System (INIS)

    Romero-Jordan, Desiderio; Del Rio, Pablo; Jorge-Garcia, Marta; Burguillo, Mercedes

    2010-01-01

    The significant increase in passenger transport activity (cars) experienced by Spain and its associated increase in energy consumption have several associated negative aspects, including a greater dependence on foreign energy sources and higher GHG emissions. Therefore, reducing the level of transport activity would bring important socioeconomic and environmental benefits. The aim of this paper, which focuses on energy consumption in the passenger transport, is fourfold: (1) to provide a diagnostic of energy consumption in the Spanish passenger transport system and the related problems; (2) to develop a model to calculate price and income elasticities of demand for transport fuel; (3) to apply this model to the Spanish passenger transport sector; (4) to infer policy recommendations derived from the results of the diagnostic and the model. It is claimed that, in view of those low price elasticities and high income elasticities and if a reduction in the scale of transport activity is deemed socially desirable, a combination of instruments is necessary. Fuel taxes play an important role within this combination. Apart from their long-term effects, the low price elasticity of demand for transport fuel would allow the collection of a significant amount of revenues, which could eventually be earmarked to encourage reductions in private transport demand and modal shifts with other instruments. (author)

  18. Price and income elasticities of demand for passenger transport fuels in Spain. Implications for public policies

    Energy Technology Data Exchange (ETDEWEB)

    Romero-Jordan, Desiderio [Universidad Rey Juan Carlos, Madrid (Spain); Del Rio, Pablo [Institute for Public Goods and Policies (IPP), Consejo Superior de Investigaciones Cientificas (CSIC), C/Albasanz, 26-28, Madrid 28037 (Spain); Jorge-Garcia, Marta [Universidad de Leon (Spain); Burguillo, Mercedes [Universidad de Alcala (Spain)

    2010-08-15

    The significant increase in passenger transport activity (cars) experienced by Spain and its associated increase in energy consumption have several associated negative aspects, including a greater dependence on foreign energy sources and higher GHG emissions. Therefore, reducing the level of transport activity would bring important socioeconomic and environmental benefits. The aim of this paper, which focuses on energy consumption in the passenger transport, is fourfold: (1) to provide a diagnostic of energy consumption in the Spanish passenger transport system and the related problems; (2) to develop a model to calculate price and income elasticities of demand for transport fuel; (3) to apply this model to the Spanish passenger transport sector; (4) to infer policy recommendations derived from the results of the diagnostic and the model. It is claimed that, in view of those low price elasticities and high income elasticities and if a reduction in the scale of transport activity is deemed socially desirable, a combination of instruments is necessary. Fuel taxes play an important role within this combination. Apart from their long-term effects, the low price elasticity of demand for transport fuel would allow the collection of a significant amount of revenues, which could eventually be earmarked to encourage reductions in private transport demand and modal shifts with other instruments. (author)

  19. Gas prices and price process

    International Nuclear Information System (INIS)

    Groenewegen, G.G.

    1992-01-01

    On a conference (Gas for Europe in the 1990's) during the Gasexpo '91 the author held a speech of which the Dutch text is presented here. Attention is paid to the current European pricing methods (prices based on the costs of buying, transporting and distributing the natural gas and prices based on the market value, which is deducted from the prices of alternative fuels), and the transparency of the prices (lack of information on the way the prices are determined). Also attention is paid to the market signal transparency and gas-gas competition, which means a more or less free market of gas distribution. The risks of gas-to-gas competition for a long term price stability, investment policies and security of supply are discussed. Opposition against the Third Party Access (TPA), which is the program to implement gas-to-gas competition, is caused by the fear of natural gas companies for lower gas prices and lower profits. Finally attention is paid to government regulation and the activities of the European Commission (EC) in this matter. 1 fig., 6 ills., 1 tab

  20. Existence of a current price as a precondition for abstract method for calculating damages in international and Serbian sales law

    Directory of Open Access Journals (Sweden)

    Fišer-Šobot Sandra

    2014-01-01

    Full Text Available If the contract is avoided and there is a current price for the goods, the party claiming damages may recover the difference between the price fixed by the contract and the current price at specific time and at specific place. Abstract calculation of loss is possible only when the contract goods have current price. Current price is the price generally charged for such goods sold under comparable circumstances in the trade concerned. According to the CISG and Serbian Law of Obligations, for the determination of the current price is relevant time of avoidance. This general rule is not applicable in international sales law when the party claiming damages has avoided the contract after taking over the goods. In that case, the current price at the time of taking over shall be applicable instead of the current price at the time of avoidance. Current price rule contained in the Art. 76(2 of the CISG presupposes that the current price is the price prevailing at the place where the delivery of the goods should have been made, or if there is no current price at the place, the price at such other place as serves as a reasonable substitute, making due allowance for differences in the cost of transporting the goods. Pursuant to Art. 524(2 Of Serbian Law of Obligations, however, relevant is the price in the market of the place of effecting the transaction. Formulation place of effecting the transaction is unclear and vague and can create different problems. Therefore, this rule should be amended and the relevant place should be the place of delivery.

  1. Prices of agricultural commodities, biofuels and fossil fuels in long-run relationships: a comparative study for the USA and Europe

    DEFF Research Database (Denmark)

    Groth, Tanja; Bentzen, Jan

    2013-01-01

    Time-series data for the USA and Europe representing prices of agricultural commodities, biofuels and fossil fuels are used for a comparative analysis of long-run price relationships. There is some evidence for cointegration between ethanol and gasoline, especially for the USA, and in the case...... of biodiesel, stronger evidence of cointegration between biodiesel, diesel and soya oil for both the USA and Europe. Finally, biofuel prices do not seem to influence agricultural commodity prices or fossil fuel prices....

  2. Simulation of current pricing-tendencies in the German electricity market for private consumption

    International Nuclear Information System (INIS)

    Mueller, Moritz; Sensfuss, Frank; Wietschel, Martin

    2007-01-01

    The German electricity market for private consumption is characterized by increasing prices and low participation of the consumers. This prompts us to investigate the interdependencies between the customers' engagement in the market and the suppliers' pricing strategies. Based on an analysis of the German retail market, an agent-based simulation model is developed. Whereas the behaviour of private customers is calibrated on field data, the suppliers learn to maximize profits with a feedback-learning heuristic. The simulation results show a tendency of rising prices, which are created without the assumption of tacit collusion among suppliers. We conclude that in Germany the current market pressure of private customers may not be a sufficient incentive for suppliers to lower electricity prices. (author)

  3. Current Comparison of Advanced Nuclear Fuel Cycles

    International Nuclear Information System (INIS)

    Steven Piet; Trond Bjornard; Brent Dixon; Robert Hill; Gretchen Matthern; David Shropshire

    2007-01-01

    This paper compares potential nuclear fuel cycle strategies--once-through, recycling in thermal reactors, sustained recycle with a mix of thermal and fast reactors, and sustained recycle with fast reactors. Initiation of recycle starts the draw-down of weapons-usable material and starts accruing improvements for geologic repositories and energy sustainability. It reduces the motivation to search for potential second geologic repository sites. Recycle in thermal-spectrum nuclear reactors achieves several recycling objectives; fast nuclear reactors achieve all of them

  4. Price

    International Nuclear Information System (INIS)

    Anon.

    1991-01-01

    The price terms in wheeling contracts very substantially, reflecting the differing conditions affecting the parties contracting for the service. These terms differ in the manner in which rates are calculated, the formulas used, and the philosophy underlying the accord. For example, and EEI study found that firm wheeling rates ranged from 20 cents to $1.612 per kilowatt per month. Nonfirm rates ranged from .15 mills to 5.25 mills per kilowatt-hour. The focus in this chapter is on cost-based rates, reflecting the fact that the vast majority of existing contracts are based on rate designs reflecting embedded costs. This situation may change in the future, but, for now, this fact can't be ignored

  5. The unstudied barriers to widespread renewable energy deployment: Fossil fuel price responses

    International Nuclear Information System (INIS)

    Foster, Edward; Contestabile, Marcello; Blazquez, Jorge; Manzano, Baltasar; Workman, Mark; Shah, Nilay

    2017-01-01

    Renewable energy policy focuses on supporting the deployment of renewable power generators so as to reduce their costs through scale economies and technological learning. It is expected that, once cost parity with fossil fuel generation is achieved, a transition towards renewable power should continue without the need for further renewable energy subsidies. However, this reasoning implicitly assumes that the cost of fossil fuel power generation does not respond to the large scale penetration of renewable power. In this paper we build a standard economic framework to test the validity of this assumption, particularly in the case of coal and gas fired power generation. We find that it is likely that the cost of fossil fuel power generation will respond to the large scale penetration of renewables, thus making the renewable energy transition slower or more costly than anticipated. More analysis is needed in order to be able to quantify this effect, the occurrence of which should be considered in the renewable energy discourse. - Highlights: • Renewables are increasingly competing with fossil fuel power generation. • This may have various effects on the fossil fuel generation value chain. • One such possible effect is a response of fossil fuel prices to renewables deployment. • We have tested this hypothesis using a supply-demand analytical framework. • We found that the effect is likely to occur and should be further investigated.

  6. Fuel prices, emission standards, and generation costs for coal vs natural gas power plants.

    Science.gov (United States)

    Pratson, Lincoln F; Haerer, Drew; Patiño-Echeverri, Dalia

    2013-05-07

    Low natural gas prices and stricter, federal emission regulations are promoting a shift away from coal power plants and toward natural gas plants as the lowest-cost means of generating electricity in the United States. By estimating the cost of electricity generation (COE) for 304 coal and 358 natural gas plants, we show that the economic viability of 9% of current coal capacity is challenged by low natural gas prices, while another 56% would be challenged by the stricter emission regulations. Under the current regulations, coal plants would again become the dominant least-cost generation option should the ratio of average natural gas to coal prices (NG2CP) rise to 1.8 (it was 1.42 in February 2012). If the more stringent emission standards are enforced, however, natural gas plants would remain cost competitive with a majority of coal plants for NG2CPs up to 4.3.

  7. China's spent nuclear fuel management: Current practices and future strategies

    International Nuclear Information System (INIS)

    Zhou Yun

    2011-01-01

    Although China's nuclear power industry is relatively young and the management of its spent nuclear fuel is not yet a concern, China's commitment to nuclear energy and its rapid pace of development require detailed analyses of its future spent fuel management policies. The purpose of this study is to provide an overview of China's fuel cycle program and its reprocessing policy, and to suggest strategies for managing its future fuel cycle program. The study is broken into four sections. The first reviews China's current nuclear fuel cycle program and facilities. The second discusses China's current spent fuel management methods and the storage capability of China's 13 operational nuclear power plants. The third estimates China's total accumulated spent fuel, its required spent fuel storage from present day until 2035, when China expects its first commercialized fast neutron reactors to be operational, and its likely demand for uranium resources. The fourth examines several spent fuel management scenarios for the present period up until 2035; the financial cost and proliferation risk of each scenario is evaluated. The study concludes that China can and should maintain a reprocessing operation to meet its R and D activities before its fast reactor program is further developed. - Highlights: → This study provides an overview of China's fuel cycle program and its reprocessing policy.→ This study suggests strategies for managing its future fuel cycle program.→ China will experience no pressure to lessen the burden of spent fuel storage in the next 30 years.→ China should maintain sufficient reprocessing operations to meet its demands for R and D activities.→ China should actively invest on R and D activities of both fuel cycling and fast reactor programs.

  8. The message in North American energy prices

    Energy Technology Data Exchange (ETDEWEB)

    Serletis, A. [Department of Economics, The University of Calgary, Calgary, Alberta (Canada); Herbert, J. [Virginia Polytechnic Institute and State University, Blacksburg, Virginia (United States)

    1999-10-01

    How similar is the price behavior of North American natural gas, fuel oil, and power prices? Using current state-of-the-art econometric methodology, we explore the degree of shared trends across North American energy markets. Across these markets, there appear to be effective arbitraging mechanisms for the price of natural gas and fuel oil, but not for the price of electricity. 11 refs.

  9. History and current status of nuclear fuel reprocessing technology

    International Nuclear Information System (INIS)

    Funasaka, Hideyuki; Nagai, Toshihisa; Washiya, Tadahiro

    2008-01-01

    History and present state of fast breeder reactor was reviewed in series. As a history and current status of nuclear fuel reprocessing technology, this ninth lecture presented the progress of the FBR fuel reprocessing technology and advanced reprocessing processes. FBR fuel reprocessing technology had been developed to construct the reprocessing equipment test facilities (RETF) based on PUREX process technologies. With economics, reduction of environmental burdens and proliferation resistance taken into consideration, advanced aqueous method for nuclear fuel cycle activities has been promoted as the government's basic policy. Innovative technologies on mechanical disassembly, continuous rotary dissolver, crystallizer, solvent extraction and actinides recovery have been mainly studied. (T. Tanaka)

  10. Regarding fuel prices and automobility. A brief analysis of price and cost elasticities; Over brandstofprijzen en automobiliteit. Een beknopte analyse van prijs- en kostenelasticiteit

    Energy Technology Data Exchange (ETDEWEB)

    Groot, W.

    2012-01-15

    Car drivers do not drive significantly less when fuel prices at the pump rise. If fuel prices increase by approximately 12.5 percent, the long-term decrease in car kilometres travelled is just 2.5 percent. Higher fuel prices have also not resulted in a more fuel-efficient 'car fleet' (i.e. the range of available car model types). The fuel consumption rate per kilometre remained relatively constant from the late 1980s to 2009, although recent years have seen a marked improvement in the per kilometre fuel consumption rate, as measured in CO2 emissions of new passenger cars. These were the findings of the title study, conducted by the KiM Netherlands Institute for Transport Policy Analysis. This study was based on data covering the period 1980 to 2009. The majority of the definitive effects of higher fuel prices revealed in this study were less pronounced than the effects previously cited in available literature, especially with regard to the long-term effects [Dutch] Uit de titel studie blijkt dat automobilisten in beperkte mate minder gaan rijden als de brandstofprijzen aan de pomp stijgen. Een stijging van de benzineprijs met ongeveer 12,5 procent leidt op langere termijn tot een vermindering van de hoeveelheid afgelegde kilometers met 2,5 procent. De hoge brandstofprijzen hebben ook niet geleid tot een zuiniger wagenpark. Het benzineverbruik per kilometer is tussen het eind van de jaren tachtig en 2009 vrijwel gelijk gebleven. Met als kanttekening dat in de meest recente jaren sprake is van een zichtbare verbetering van het verbruik per kilometer, afgemeten aan de CO2-uitstoot van nieuwe personenauto's. Het KiM heeft zich in de studie gebaseerd op cijfers over de periode 1980-2009. De meeste in het onderzoek vastgestelde effecten van hogere benzineprijzen zijn kleiner dan de effecten die in de beschikbare literatuur zijn aangetroffen. Dit geldt vooral voor de effecten op de lange termijn.

  11. Regarding fuel prices and automobility. A brief analysis of price and cost elasticities; Over brandstofprijzen en automobiliteit. Een beknopte analyse van prijs- en kostenelasticiteit

    Energy Technology Data Exchange (ETDEWEB)

    Groot, W.

    2012-01-15

    Car drivers do not drive significantly less when fuel prices at the pump rise. If fuel prices increase by approximately 12.5 percent, the long-term decrease in car kilometres travelled is just 2.5 percent. Higher fuel prices have also not resulted in a more fuel-efficient 'car fleet' (i.e. the range of available car model types). The fuel consumption rate per kilometre remained relatively constant from the late 1980s to 2009, although recent years have seen a marked improvement in the per kilometre fuel consumption rate, as measured in CO2 emissions of new passenger cars. These were the findings of the title study, conducted by the KiM Netherlands Institute for Transport Policy Analysis. This study was based on data covering the period 1980 to 2009. The majority of the definitive effects of higher fuel prices revealed in this study were less pronounced than the effects previously cited in available literature, especially with regard to the long-term effects [Dutch] Uit de titel studie blijkt dat automobilisten in beperkte mate minder gaan rijden als de brandstofprijzen aan de pomp stijgen. Een stijging van de benzineprijs met ongeveer 12,5 procent leidt op langere termijn tot een vermindering van de hoeveelheid afgelegde kilometers met 2,5 procent. De hoge brandstofprijzen hebben ook niet geleid tot een zuiniger wagenpark. Het benzineverbruik per kilometer is tussen het eind van de jaren tachtig en 2009 vrijwel gelijk gebleven. Met als kanttekening dat in de meest recente jaren sprake is van een zichtbare verbetering van het verbruik per kilometer, afgemeten aan de CO2-uitstoot van nieuwe personenauto's. Het KiM heeft zich in de studie gebaseerd op cijfers over de periode 1980-2009. De meeste in het onderzoek vastgestelde effecten van hogere benzineprijzen zijn kleiner dan de effecten die in de beschikbare literatuur zijn aangetroffen. Dit geldt vooral voor de effecten op de lange termijn.

  12. PRICE TRANSMISSION AND HOUSEHOLDS DEMAND ELASTICITY FOR FROZEN FISH UNDER FUEL SUBSIDY REFORM IN DELTA STATE, NIGERIA

    Directory of Open Access Journals (Sweden)

    Achoja Felix Odemero

    2013-07-01

    Full Text Available Fuel subsidy removal is assumed to translate to general increase in the cost of operating business such as fish marketing.The response of price of fish and corresponding demand elasticity are welfare issues worthy of investigation in Nigeria. The present study evaluates price transmission in fish marketing system by analysing the response of fish market indices to fuel subsidy reform in Nigeria. Primary data collected with structured questionnaire from purposively selected 78 frozen fish marketers, were analysed with descriptive statistics and regression model. A test of hypothesis shows a significant price transmission of about 100% (P < 0.05. Marketing cost increased by 31.8% and profitability dropped by 24.20%, confirming negative effect of new price regime. The result further revealed a 0.05% drop in quantity of frozen fish demanded by households. It was recommended that economic measures should be introduced by the government to cushion the effect of fuel policy removal.

  13. Tuition Elasticity of the Demand for Higher Education among Current Students: A Pricing Model.

    Science.gov (United States)

    Bryan, Glenn A.; Whipple, Thomas W.

    1995-01-01

    A pricing model is offered, based on retention of current students, that colleges can use to determine appropriate tuition. A computer-based model that quantifies the relationship between tuition elasticity and projected net return to the college was developed and applied to determine an appropriate tuition rate for a small, private liberal arts…

  14. Harem: Hardwood lumber remanufacturing program for maxmizing value based on size, grade and current market prices

    Science.gov (United States)

    C.J. Schwehm; P. Klinkhachorn; Charles W. McMillin; Henry A. Huber

    1990-01-01

    This paper describes an expert system computer program which will determine the optimum way to edge and trim a hardwood board so as to yield the highest dollar value based on the grade, size of each board, and current market prices. The program uses the Automated Hardwood Lumber Grading Program written by Klinkhachorn, et al. for determining the grade of each board...

  15. Thorium-based nuclear fuel: current status and perspectives

    International Nuclear Information System (INIS)

    1987-03-01

    Until the present time considerable efforts have already been made in the area of fabrication, utilization and reprocessing of Th-based fuels for different types of reactors, namely: by FRG and USA - for HTRs; FRG and Brazil, Italy - for LWRs; India - for HWRs and FBRs. Basic research of thorium fuels and thorium fuel cycles are also being undertaken by Australia, Canada, China, France, FRG, Romania, USSR and other countries. Main emphasis has been given to the utilization of thorium fuels in once-through nuclear fuel cycles, but in some projects closed thorium-uranium or thorium-plutonium fuel cycles are also considered. The purpose of the Technical Committee on the Utilization of Thorium-Based Nuclear Fuel: Current Status and Perspective was to review the world thorium resources, incentives for further exploration, obtained experience in the utilization of Th-based fuels in different types of reactors, basic research, fabrication and reprocessing of Th-based fuels. As a result of the panel discussion the recommendations on future Agency activities and list of major worldwide activities in the area of Th-based fuel were developed. A separate abstract was prepared for each of the 9 papers in this proceedings series

  16. Network-based model for predicting the effect of fuel price on transit ridership and greenhouse gas emissions

    Directory of Open Access Journals (Sweden)

    Michael W. Levin

    2017-12-01

    Full Text Available As fuel prices increase, drivers may make travel choices to minimize not only travel time, but also fuel consumption. Consideration of fuel consumption would affect route choice and influence trip frequency and mode choice. For instance, travelers may elect to live closer to their workplace, or use public transit to avoid fuel consumption and the associated costs. To incorporate network characteristics into predictions of the effects of fuel prices, we develop a multi-class combined elastic demand, mode choice, and user equilibrium model using a generalized cost function of travel time and fuel consumption with a combined solution algorithm. The algorithm is implemented in a custom software package, and a case study application on the Austin, Texas network is presented. We evaluate the fuel-price sensitivity of key variables such as drive-alone and transit class proportions, person-miles traveled, link-level traffic flow and per capita fuel consumption and emissions. These effects are examined across a heterogeneous demand set, with multiple user-classes categorized based on their value of travel time. The highest relative transit elasticities against fuel price are observed among low value of time classes, as expected. Although total personal vehicle travel decreases, congestion increases on some roads due to the generalized cost function. Reductions in system-wide fuel consumption and greenhouse gas emissions are observed as well. The study uncovers the combined interactions among fuel prices, multi-modal choice behavior, travel performance, and resultant environmental impacts, all of which dictate the urban travel market. It also equips agencies with motivation to tailor emissions reduction and transit-ridership stimulus policies around the most responsive user classes.

  17. Rapid fuel switching from coal to natural gas through effective carbon pricing

    Science.gov (United States)

    Wilson, I. A. Grant; Staffell, Iain

    2018-05-01

    Great Britain's overall carbon emissions fell by 6% in 2016, due to cleaner electricity production. This was not due to a surge in low-carbon nuclear or renewable sources; instead it was the much-overlooked impact of fuel switching from coal to natural gas generation. This Perspective considers the enabling conditions in Great Britain and the potential for rapid fuel switching in other coal-reliant countries. We find that spare generation and fuel supply-chain capacity must already exist for fuel switching to deliver rapid carbon savings, and to avoid further high-carbon infrastructure lock-in. More important is the political will to alter the marketplace and incentivize this switch, for example, through a stable and strong carbon price. With the right incentives, fuel switching in the power sector could rapidly achieve on the order of 1 GtCO2 saving per year worldwide (3% of global emissions), buying precious time to slow the growth in cumulative carbon emissions.

  18. Engineering economic analysis of meliponiculture in Malaysia considering current market price

    Directory of Open Access Journals (Sweden)

    Basrawi Firdaus

    2017-01-01

    Full Text Available Stingless bees (kelulut keeping is now a trend in Malaysia. However, since demand for the source of colony in log is increasing, the log price is rapidly increasing. But, there is no data reported on the economic viability of meliponiculture in the current market price. Thus, the objective of this study is to clarify the economic viability of investment in meliponiculture in the current market price by engineering economic perspective. Investment in meliponiculture was analysed using Equivalent Annual Uniform Cost (EAUC, Internal Rate of Return (IRR and Breakeven Analysis. A small start-up with 30 units of logs or hives was considered in the analysis. All raw data was acquainted from current Malaysian market price, but only revenue from honey was considered. It was found that EAUC indicated that the annual worth of the log system is 23% better than the hive system. However, IRR calculation indicated that both the log and the hive systems offer margin exceeding 55% which is a very good return in general investment. In addition, it was also found that the log system had breakeven after 8th month, whereas the hive was 13th month. Better economic value could be obtained if revenue from by-products are considered. Thus, it can be concluded that meliponiculture is still very economically viable in Malaysia market trend, and the hive systems could be a better choice if splitting colony, maintenance, safety and aesthetics points of view are considered.

  19. Price elasticity of Swiss motor fuel demand; Elasticite-prix de la demande d'essence en Suisse

    Energy Technology Data Exchange (ETDEWEB)

    Baranzini, A. [Haute Ecole de Gestion de Geneve (HEG-Geneve), Centre de Recherche Appliquee en Gestion (CRAG), Carouge (Switzerland); Neto, D.; Weber, S. [Universite de Geneve, Laboratoire d' Economie Appliquee (LEA), Geneve (Switzerland)

    2009-07-15

    This report for the Swiss Federal Office of Energy (SFOE) by the University of Geneva takes a look at the price elasticity of motor fuel demand in Switzerland. Macro-economic data on petrol and diesel consumption is used to calculate short and long-term price elasticity. Various factors that have an influence on prices are discussed. Data for the period 1970 - 2008 is used. A method developed by Engle and Granger is used to examine short and long-term developments in this area. A large number of variables are used in mathematical models to explain price developments. The methods used are described and the results are presented in tabular form. Various external effects such the oil-price shocks and price developments in neighbouring countries are examined.

  20. Price elasticity of Swiss motor fuel demand; Elasticite-prix de la demande d'essence en Suisse

    Energy Technology Data Exchange (ETDEWEB)

    Baranzini, A. [Haute Ecole de Gestion de Geneve (HEG-Geneve), Centre de Recherche Appliquee en Gestion (CRAG), Carouge (Switzerland); Neto, D.; Weber, S. [Universite de Geneve, Laboratoire d' Economie Appliquee (LEA), Geneve (Switzerland)

    2009-07-15

    This report for the Swiss Federal Office of Energy (SFOE) by the University of Geneva takes a look at the price elasticity of motor fuel demand in Switzerland. Macro-economic data on petrol and diesel consumption is used to calculate short and long-term price elasticity. Various factors that have an influence on prices are discussed. Data for the period 1970 - 2008 is used. A method developed by Engle and Granger is used to examine short and long-term developments in this area. A large number of variables are used in mathematical models to explain price developments. The methods used are described and the results are presented in tabular form. Various external effects such the oil-price shocks and price developments in neighbouring countries are examined.

  1. Nuclear reactor fuel rod behavior modelling and current trends

    International Nuclear Information System (INIS)

    Colak, Ue.

    2001-01-01

    Safety assessment of nuclear reactors is carried out by simulating the events to taking place in nuclear reactors by realistic computer codes. Such codes are developed in a way that each event is represented by differential equations derived based on physical laws. Nuclear fuel is an important barrier against radioactive fission gas release. The release of radioactivity to environment is the main concern and this can be avoided by preserving the integrity of fuel rod. Therefore, safety analyses should cover an assessment of fuel rod behavior with certain extent. In this study, common approaches for fuel behavior modeling are discussed. Methods utilized by widely accepted computer codes are reviewed. Shortcomings of these methods are explained. Current research topics to improve code reliability and problems encountered in fuel rod behavior modeling are presented

  2. Short‑Term and Long‑Term Relationships Between Prices of Imported Oil and Fuel Products in the U. S.

    Directory of Open Access Journals (Sweden)

    Václav Adamec

    2016-01-01

    Full Text Available In this study, we analyzed a system of five monthly time series integrated I(1: average price of crude oil imported to the U.S. from OPEC countries (Opec, imported oil price from other than OPEC countries (NonOpec in USD per barrel, average price of regular gasoline in the U.S. (Regular, premium quality gasoline price (Premium and kerosene price (Kerosene in U.S. cents per gallon. Cointegration was established by EG test and the series were analyzed by VECM model with lag selected via BIC criterion. Cointegration rank was determined by the Johansen procedure. According to VECM coefficients, prices of oil from OPEC countries and beyond OPEC exert influence upon all commodity prices in the system, but in a contradictory manner. Responses to innovation shocks in Opec and NonOpec stabilized within 8 to 10 months upon a nonzero shift and further became permanent. Innovation shock in both types of gasoline and Kerosene had only short-term significant impact upon the system. Forecast error variance in all variables is explained mainly by variation in oil prices, especially Opec, which persists with increased horizon. For a short horizon h = 1, FEVDs in gasoline and kerosene prices are primarily made of variation in the respective fuel prices.

  3. A CAUSAL RELATIONSHIP BETWEEN OIL PRICES CURRENT ACCOUNT DEFICIT, AND ECONOMIC GROWTH: AN EMPIRICAL ANALYSIS FROM FRAGILE FIVE COUNTRIES

    Directory of Open Access Journals (Sweden)

    Yuksel BAYRAKTAR

    2016-09-01

    Full Text Available The main objective of this study is to determine the impact of oil prices in the Fragile-Five countries (Brazil, Indonesia, South Africa, India, and Turkey on current account deficit and growth. In this study, the method of panel data analysis was used and the period of 1980-2014 was examined. The Levin, Lin, & Chu panel; Im, Pesaran, and Shin W-stat; ADF-Fisher Chi-square; and PP-Fisher Chi-square unit root tests were used to determine the stability of data before panel data analysis. The results of the study can be expressed as follows. i There was a statistically meaningful relationship in oil prices with both GDP and the current account deficit. While there was a positive correlation between oil prices and GDP, there was a negative relationship between oil prices and current account deficit. ii No long-term relationship was found between GDP and oil prices; there was a long-term relationship between current account deficit and oil prices as determined by the cointegration tests. iii Causality test also showed the presence of a bidirectional relationship between GDP and oil prices.  Causality between oil prices and the current account deficit was one-way from the variable of oil price to the variable of current account deficit.

  4. Current and prospective fuel test programmes in the MIR reactor

    Energy Technology Data Exchange (ETDEWEB)

    Izhutov, A.L.; Burukin, A.V.; Iljenko, S.A.; Ovchinnikov, V.A.; Shulimov, V.N.; Smirnov, V.P. [State Scientific Centre of Russia Research Institute of Atomic Reactors, Ulyanovsk region (Russian Federation)

    2007-07-01

    MIR reactor is a heterogeneous thermal reactor with a moderator and a reflector made of metal beryllium, it has a channel-type design and is placed in a water pool. MIR reactor is mainly designed for testing fragments of fuel elements and fuel assemblies (FA) of different nuclear power reactor types under normal (stationary and transient) operating conditions as well as emergency situations. At present six test loop facilities are being operated (2 PWR loops, 2 BWR loops and 2 steam coolant loops). The majority of current fuel tests is conducted for improving and upgrading the Russian PWR fuel, these tests involve issues such as: -) long term tests of short-size rods with different modifications of cladding materials and fuel pellets; -) further irradiation of power plant re-fabricated and full-size fuel rods up to achieving 80 MW*d/kg U; -) experiments with leaking fuel rods at different burnups and under transient conditions; -) continuation of the RAMP type experiments at high burnup of fuel; and -) in-pile tests with simulation of LOCA and RIA type accidents. Testing of the LEU (low enrichment uranium) research reactor fuel is conducted within the framework of the RERTR programme. Upgrading of the gas cooled and steam cooled loop facilities is scheduled for testing the HTGR fuel and sub-critical water-cooled reactor, correspondingly. The present paper describes the major programs of the WWER high burn-up fuel behavior study in the MIR reactor, capabilities of the applied techniques and some results of the performed irradiation tests. (authors)

  5. Characterization of irradiated fuel rods using pulsed eddy current techniques

    International Nuclear Information System (INIS)

    Martin, M.R.; Francis, W.C.

    1975-11-01

    A number of irradiated fuel rods and unfueled zircaloy cladding tubes (''water tubes'') were obtained from the Saxton reactor through arrangements with the Westinghouse Electric Corporation for use in subsequent irradiation effects and fuel behavior programs. A comprehensive nondestructive and corroborative destructive characterization program was undertaken on these fuel rods and tubes by ANC to provide baseline data on their characteristics prior to further testing and for comparison against post-post data. This report deals primarily with one portion of the NDT program performed remotely in the hot cells. The portion of interest in this paper is the pulsed eddy current inspection used in the nondestructive phase of the work. 6 references

  6. The substitutive effect of biofuels on fossil fuels in the lower and higher crude oil price periods

    International Nuclear Information System (INIS)

    Chang, Ting-Huan; Su, Hsin-Mei

    2010-01-01

    Various biofuels, including bioethanol and biodiesel are technologically being considered replacements for fossil fuels, such as the conventional gasoline and diesel. This paper aims to measure whether economic substitutability can be generated during periods of higher and/or lower prices of crude oil. The empirical results of the bivariate EGARCH model prove that this substitutive effect was occurred during the higher crude oil price period due to the significant price spillover effects from crude oil futures to corn and soybean futures, indicating that the increase in food prices can be attributed to more consumption of biofuels. We suggest more extensive research in the search for fuel alternatives from inedible feedstock such as pongamia, jojoba, jatropha, especially the 2nd generation biofuel technologies such as algae-based biofuels. (author)

  7. The substitutive effect of biofuels on fossil fuels in the lower and higher crude oil price periods

    Energy Technology Data Exchange (ETDEWEB)

    Chang, Ting-Huan [Energy and Environment Research Laboratories, Industrial Technology Research Institute, Hsinchu County 310 (China); Department of Banking and Finance, Tamkang University, No.151, Ying-Chuan Road, Taipei County 251 (China); Su, Hsin-Mei [Department of Banking and Finance, Tamkang University, No.151, Ying-Chuan Road, Taipei County 251 (China)

    2010-07-15

    Various biofuels, including bioethanol and biodiesel are technologically being considered replacements for fossil fuels, such as the conventional gasoline and diesel. This paper aims to measure whether economic substitutability can be generated during periods of higher and/or lower prices of crude oil. The empirical results of the bivariate EGARCH model prove that this substitutive effect was occurred during the higher crude oil price period due to the significant price spillover effects from crude oil futures to corn and soybean futures, indicating that the increase in food prices can be attributed to more consumption of biofuels. We suggest more extensive research in the search for fuel alternatives from inedible feedstock such as pongamia, jojoba, jatropha, especially the 2nd generation biofuel technologies such as algae-based biofuels. (author)

  8. Lowering Saudi Arabia's fuel consumption and energy system costs without increasing end consumer prices

    International Nuclear Information System (INIS)

    Matar, Walid; Murphy, Frederic; Pierru, Axel; Rioux, Bertrand

    2015-01-01

    Using a multi-sector equilibrium model of the Saudi energy system that handles administered prices in a mixed-complementarity formulation, we present results from a set of policy scenarios that lower oil consumption in the country. Some of these scenarios are the solutions to Mathematical Programs subject to Equilibrium Constraints (MPECs) that maximize the net economic gain for the Saudi economy. The policies examined have the potential to generate economic gains exceeding 23 billion USD in 2011, or about 4% of Saudi Arabia's GDP. This economic gain comes mainly from inter-sectoral fuel pricing policies that incent shifting the mix in technologies that generate electricity and produce water from energy intensive technologies to more efficient ones. We show that when complemented by credits for investments in solar and nuclear power generation capacities, a modest increase in the transfer prices of fuels among sectors is sufficient to produce economic gains close to those achieved by deregulating transfer prices. The approach we develop here is an alternative to the classic recommendation of deregulating inter-sectoral fuel prices in situations where the conditions for successful liberalized markets do not exist. It is a template for introducing the notions of incentivizing behavior using prices into countries that rely more on administrative procedures than markets, leading to a deeper understanding of how markets can lead to economic gain. - Highlights: • The policies examined would have potentially generated economic gains exceeding 23 billion USD in 2011. • We design policies that produce economic benefits close to those achieved by deregulating inter-sectoral fuel prices. • This paper provides a template for building multi-sector models when transfer prices between sectors are administered

  9. Current state and perspectives of spent fuel storage in Russia

    International Nuclear Information System (INIS)

    Kurnosov, V.A.; Tichonov, N.S.; Makarchuk, T.F.

    1999-01-01

    Twenty-nine power units at nine nuclear power plants, having a total installed capacity of 22 GW(e), are now in operation in the Russian Federation. They produce approximately 12% of the generated electricity in the country. The annual spent fuel arising is approximately 790 tU. The concept of the closed fuel cycle was adopted as the basis for nuclear power development in the Russian Federation, but until now this concept is only implemented for the fuel cycles of WWER-440 and BN-600 reactors. The WWER-1000 spent fuel is planned to be reprocessed at the reprocessing plant RT-2 which is under construction near Krasnoyarsk. The RBMK-1000 spent fuel is not reprocessed. It is meant to be stored in intermediate storage facilities at the NPP sites. The status of the spent fuel (SF) stored in the storage facilities is given in the paper. The principal characteristics of the fuel cycles of the Russian NPPs in the period up to 2015 is also given in the report. The key variant of the current spent fuel management at RBMK-1000 NPPs is storage in at-reactor and in away-from-reactor wet storage facilities at the power plant site with a capacity of 2,000 W. The storage capacity at the operating RBMKs (including the increase due to denser fuel assembly arrangement) will provide SF reception from the NPPs only up to 2005. For RBMK spent fuel, intermediate dry storage is foreseen at power plant sites in metallic concrete casks and thereafter transportation to the central storage facility at the RT-2 plant for long-term storage. The SF will be reprocessing after completion of the reprocessing plant at RT-2. In the Programme of Nuclear Power Development in the Russian Federation for the period 1998 to 2005 and for the period until 2010 year, provisions are made for the construction of a central dry storage facility before 2010. The facility will have a design capacity of 30,000 tU for WWER-1000 and RBMK-1000 spent fuel and is part of the reprocessing plant RT-2. The paper considers

  10. Westinghouse accident tolerant fuel program. Current results and future plans

    Energy Technology Data Exchange (ETDEWEB)

    Ray, Sumit; Xu, Peng; Lahoda, Edward; Hallstadius, Lars; Boylan, Frank [Westinghouse Electric Company LLC, Hopkins, SC (United States)

    2016-07-15

    This paper discusses the current status, results from initial tests, as well as the future direction of the Westinghouse's Accident Tolerant Fuel (ATF) program. The current preliminary testing is addressed that is being performed on these samples at the Massachusetts Institute of Technology (MIT) test reactor, initial results from these tests, as well as the technical learning from these test results. In the Westinghouse ATF approach, higher density pellets play a significant role in the development of an integrated fuel system.

  11. Nuclear fuel manufacturing. Current activities and prospects at INR Pitesti

    International Nuclear Information System (INIS)

    Horhoianu, Grigore

    2001-01-01

    Development of the CANDU nuclear fuel is currently conducted world wide onto two principal directions: - increasing the service span of the current type of fuel and improving the efficiency of burnup in reactor; - reducing the costs of fuel manufacturing by improving the design and manufacturing technologies in condition of increasing fuel performance. In parallel, a research program, RAAN, is undergoing, concerning the development of advanced CANDU type fuels (SEU, RU, DUPIC, Th), aiming at reducing the overall costs per fuel cycle. In the INR TRIGA reactor a large number of experimental fuel elements manufactured in INR were irradiated under different conditions specific to the CANDU reactor operation. Post irradiation investigations both destructive and non-destructive were carried out in the hot cells at INR Pitesti. The experimental results were used in order to optimize and evaluate the fuel project, to check the fuel manufacturing technologies as well as to certify the computational codes. The local thermo-mechanical analyses by final element methods, modelling the SCC phenomenon, probabilistic evaluation of performance parameters of the fuel, constitute new directions in the modelling and developing computational code. The developed codes were submitted to a thorough validation process to comply with the quality assurance. The excellent results obtained in INR were confirmed by participation in the FUMEX International Exercises of computer code intercomparison, organized by IAEA Vienna. Progress was also recorded in establishing the behaviour of fuel elements failed during reactor operation and the effect their maintenance in the reactor core could have upon the power reactor operation. A system-expert variant was worked out able for a short term analysis of the decisions referring to removing the failing element at Cernavoda NPP. As advanced CANDU fuel is concerned, until now preliminary variants for a fuel bundle with 43 elements containing slightly

  12. Comparison of acoustic doppler current profiler and Price AA mechanical current meter measurements made during the 2011 Mississippi River Flood

    Science.gov (United States)

    O'Brien, Patrick; Mueller, David; Pratt, Thad

    2012-01-01

    The Mississippi River and Tributaries project performed as designed during the historic 2011 Mississippi River flood, with many of the operational decisions based on discharge targets as opposed to stage. Measurement of discharge at the Tarbert Landing, Mississippi range provides critical information used in operational decisions for the floodways located in Louisiana. Historically, discharge measurements have been made using a Price AA current meter and the mid-section method, and a long record exists based on these types of measurements, including historical peak discharges. Discharge measurements made using an acoustic Doppler current profiler from a moving boat have been incorporated into the record since the mid 1990's, and are used along with the Price AA mid-section measurements. During the 2011 flood event, both methods were used and appeared to provide different results at times. The apparent differences between the measurement techniques are due to complex hydrodynamics at this location that created large spatial and temporal fluctuations in the flow. The data and analysis presented herein show the difference between the two methods to be within the expected accuracy of the measurements when the measurements are made concurrently. The observed fluctuations prevent valid comparisons of data collected sequentially or even with different observation durations.

  13. Analysis of consumer response to fuel price fluctuations applying sample selection model to GPS panel data : Dynamics in individuals' car use

    NARCIS (Netherlands)

    Yang, Dujuan; Timmermans, Harry

    2015-01-01

    The effects of fuel price increases on people's car use have been widely discussed during the last few decades in travel behavior research. It is well recognized that fuel price has significant effects on driving distance and driving efficiency. However, most of this research assumed that these

  14. Nuclear Fuel Cycle Technologies: Current Challenges and Future Plans - 12558

    Energy Technology Data Exchange (ETDEWEB)

    Griffith, Andrew [U.S. Department of Energy, Washington, DC (United States)

    2012-07-01

    The mission of the Office of Nuclear Energy's Fuel Cycle Technologies office (FCT program) is to provide options for possible future changes in national nuclear energy programs. While the recent draft report of the Blue Ribbon Commission on America's Nuclear Future stressed the need for organization changes, interim waste storage and the establishment of a permanent repository for nuclear waste management, it also recognized the potential value of alternate fuel cycles and recommended continued research and development in that area. With constrained budgets and great expectations, the current challenges are significant. The FCT program now performs R and D covering the entire fuel cycle. This broad R and D scope is a result of the assignment of new research and development (R and D) responsibilities to the Office of Nuclear Energy (NE), as well as reorganization within NE. This scope includes uranium extraction from seawater and uranium enrichment R and D, used nuclear fuel recycling technology, advanced fuel development, and a fresh look at a range of disposal geologies. Additionally, the FCT program performs the necessary systems analysis and screening of fuel cycle alternatives that will identify the most promising approaches and areas of technology gaps. Finally, the FCT program is responsible for a focused effort to consider features of fuel cycle technology in a way that promotes nonproliferation and security, such as Safeguards and Security by Design, and advanced monitoring and predictive modeling capabilities. This paper and presentation will provide an overview of the FCT program R and D scope and discuss plans to analyze fuel cycle options and support identified R and D priorities into the future. The FCT program is making progress in implanting a science based, engineering driven research and development program that is evaluating options for a sustainable fuel cycle in the U.S. Responding to the BRC recommendations, any resulting legislative

  15. Fossil fuel subsidy reform in the WTO : Options for constraining dual pricing in the multilateral trading system

    NARCIS (Netherlands)

    Marhold, Anna

    2017-01-01

    Fossil fuel subsidies harm the environment, add to health hazards caused by air pollution, and delay the energy transition. Scholars and practitioners have therefore been exploring ways to reform and eliminate them. This paper discusses the practice of energy dual pricing in the broader context of

  16. Part-load performance and emissions of a spark ignition engine fueled with RON95 and RON97 gasoline: Technical viewpoint on Malaysia’s fuel price debate

    International Nuclear Information System (INIS)

    Mohamad, Taib Iskandar; How, Heoy Geok

    2014-01-01

    Highlights: • Recent Malaysia’s gasoline price hike affects mass perception and vehicle sales. • Effects of RON95 and RON97 on a representative engine was experimentally studied. • RON95 produced better torque, power, fuel efficiency and lower NO x . • RON97 gasoline resulted in lower BSFC and lower emissions of CO 2 , CO and HC. • Performance-emission-price cross-analysis indicated RON95 as the better option. - Abstract: Due to world crude oil price hike in the recent years, many countries have experienced increase in gasoline price. In Malaysia, where gasoline are sold in two grades; RON95 and RON97, and fuel price are regulated by the government, gasoline price have been gradually increased since 2009. Price rise for RON97 is more significant. By 2014, its per liter price is 38% more than that of RON95. This has resulted in escalated dissatisfaction among the mass. People argued they were denied from using a better fuel (RON97). In order to evaluate the claim, there is a need to investigate engine response to these two gasoline grades. The effect of gasoline RON95 and RON97 on performance and exhaust emissions in spark ignition engine was investigated on a representative engine: 1.6L, 4-cylinder Mitsubishi 4G92 engine with CR 11:1. The engine was run at constant speed between 1500 and 3500 rpm with 500 rpm increment at various part-load conditions. The original engine ECU, a hydraulic dynamometer and control, a combustion analyzer and an exhaust gas analyzer were used to determine engine performance, cylinder pressure and emissions. Results showed that RON95 produced higher engine performance for all part-load conditions within the speed range. RON95 produced on average 4.4% higher brake torque, brake power, brake mean effective pressure as compared to RON97. The difference in engine performance was more significant at higher engine speed and loads. Cylinder pressure and ROHR were evaluated and correlated with engine output. With RON95, the engine

  17. Fuel prices scenario generation based on a multivariate GARCH model for risk analysis in a wholesale electricity market

    International Nuclear Information System (INIS)

    Batlle, C.; Barquin, J.

    2004-01-01

    This paper presents a fuel prices scenario generator in the frame of a simulation tool developed to support risk analysis in a competitive electricity environment. The tool feeds different erogenous risk factors to a wholesale electricity market model to perform a statistical analysis of the results. As the different fuel series that are studied, such as the oil or gas ones, present stochastic volatility and strong correlation among them, a multivariate Generalized Autoregressive Conditional Heteroskedastic (GARCH) model has been designed in order to allow the generation of future fuel prices paths. The model makes use of a decomposition method to simplify the consideration of the multidimensional conditional covariance. An example of its application with real data is also presented. (author)

  18. Effect of heat storage and fuel price on energy management and economics of micro CCHP cogeneration systems

    Energy Technology Data Exchange (ETDEWEB)

    Askari, I. Baniasad [University of Zabol, Zabol (Iran, Islamic Republic of); Sadegh, M. Oukati [University of Sistan and Baluchestan, Zahedan (Iran, Islamic Republic of); Ameri, M. [Shahid Bahonar University, Kerman (Iran, Islamic Republic of)

    2014-05-15

    In the present work, a typical combined cooling, heating and power (CCHP) system comprised of boiler, flat solar collectors, absorption chiller and heat storage tank was investigated. The described system was considered to supply the given electricity, cooling and heating demand of a residential building; with heating and cooling needs of 100 and 50 kW, respectively. To find the optimum hybrid configurations with high reliability, low costs, low fuel consumption and emissions, a computer program was provided by authors in FORTRAN language. Different fuel prices were considered in the present work. The results indicated that the optimal operation strategy changes with Boiler and NGG fuel prices while it also changes with increasing the number of solar collectors, heat storage capacity and consequently decreasing total annual emission.

  19. Fueling Requirements for Steady State high butane current fraction discharges

    International Nuclear Information System (INIS)

    R.Raman

    2003-01-01

    The CT injector originally used for injecting CTs into 1T toroidal field discharges in the TdeV tokamak was shipped PPPL from the Affiliated Customs Brokers storage facility in Montreal during November 2002. All components were transported safely, without damage, and are currently in storage at PPPL, waiting for further funding in order to begin advanced fueling experiments on NSTX. The components are currently insured through the University of Washington. Several technical presentations were made to investigate the feasibility of the CT injector installation on NSTX. These technical presentations, attached to this document, were: (1) Motivation for Compact Toroida Injection in NSTX; (2) Assessment of the Engineering Feasibility of Installing CTF-II on NSTX; (3) Assessment of the Cost for CT Installation on NSTX--A Peer Review; and (4) CT Fueling for NSTX FY 04-08 steady-state operation needs

  20. APPLICATIONS OF CURRENT TECHNOLOGY FOR CONTINUOUS MONITORING OF SPENT FUEL

    Energy Technology Data Exchange (ETDEWEB)

    Drayer, R.

    2013-06-09

    Advancements in technology have opened many opportunities to improve upon the current infrastructure surrounding the nuclear fuel cycle. Embedded devices, very small sensors, and wireless technology can be applied to Security, Safety, and Nonproliferation of Spent Nuclear Fuel. Security, separate of current video monitoring systems, can be improved by integrating current wireless technology with a variety of sensors including motion detection, altimeter, accelerometer, and a tagging system. By continually monitoring these sensors, thresholds can be set to sense deviations from nominal values. Then alarms or notifications can be activated as needed. Safety can be improved in several ways. First, human exposure to ionizing radiation can be reduced by using a wireless sensor package on each spent fuel cask to monitor radiation, temperature, humidity, etc. Since the sensor data is monitored remotely operator stay-time is decreased and distance from the spent fuel increased, so the overall radiation exposure is reduced as compared to visual inspections. The second improvement is the ability to monitor continuously rather than periodically. If changes occur to the material, alarm thresholds could be set and notifications made to provide advanced notice of negative data trends. These sensor packages could also record data to be used for scientific evaluation and studies to improve transportation and storage safety. Nonproliferation can be improved for spent fuel transportation and storage by designing an integrated tag that uses current infrastructure for reporting and in an event; tracking can be accomplished using the Iridium satellite system. This technology is similar to GPS but with higher signal strength and penetration power, but lower accuracy. A sensor package can integrate all or some of the above depending on the transportation and storage requirements and regulations. A sensor package can be developed using off the shelf technology and applying it to each

  1. Applications of current technology for continuous monitoring of spent fuel

    International Nuclear Information System (INIS)

    Drayer, R.

    2013-01-01

    Advancements in technology have opened many opportunities to improve upon the current infrastructure surrounding the nuclear fuel cycle. Embedded devices, very small sensors, and wireless technology can be applied to Security, Safety, and Nonproliferation of Spent Nuclear Fuel. Security, separate of current video monitoring systems, can be improved by integrating current wireless technology with a variety of sensors including motion detection, altimeter, accelerometer, and a tagging system. By continually monitoring these sensors, thresholds can be set to sense deviations from nominal values. Then alarms or notifications can be activated as needed. Safety can be improved in several ways. First, human exposure to ionizing radiation can be reduced by using a wireless sensor package on each spent fuel cask to monitor radiation, temperature, humidity, etc. Since the sensor data is monitored remotely operator stay-time is decreased and distance from the spent fuel increased, so the overall radiation exposure is reduced as compared to visual inspections. The second improvement is the ability to monitor continuously rather than periodically. If changes occur to the material, alarm thresholds could be set and notifications made to provide advanced notice of negative data trends. These sensor packages could also record data to be used for scientific evaluation and studies to improve transportation and storage safety. Nonproliferation can be improved for spent fuel transportation and storage by designing an integrated tag that uses current infrastructure for reporting and in an event; tracking can be accomplished using the Iridium satellite system. This technology is similar to GPS but with higher signal strength and penetration power, but lower accuracy. A sensor package can integrate all or some of the above depending on the transportation and storage requirements and regulations. A sensor package can be developed using off the shelf technology and applying it to each

  2. Is the price effect on fuel consumption symmetric? some evidence from an empirical study

    International Nuclear Information System (INIS)

    Sentenac Chemin, E.

    2009-04-01

    We generally consider that the price elasticity of the energy demand is quite small. But it appears that strong increases in gasoline price lead to modifications in consumer behaviours. The high volatility of petroleum prices and thus gasoline prices and the strong increases since the beginning of 2000 justify an analysis of price effects on gasoline consumption. Thus, in this paper, we estimate the effects of price variations on gasoline consumption, in the short and the long-term, in two countries: the United States and India. We use a co-integration modelling to test for long-run relationship between gasoline consumption, income, price and vehicle ownership in the two countries. We use an error correction model to test for short-run prices effects and more precisely for asymmetric effects on demand of increases and decreases in gasoline prices. The main conclusions are the following. - The United States: (1) The long-term price elasticity is relatively high for an industrialised country because gasoline taxes are low (2) Households are more sensitive to a price increase than a price decrease. - India: (1) Price elasticity in the long-run is quite high but is quite small in the short run. It is not surprising for an emergent country (2) It seems that there is no asymmetric effect of price variations on gasoline consumption. (author)

  3. Foucault current testing of ferritic steel fuel cans

    International Nuclear Information System (INIS)

    Stossel, A.

    1984-10-01

    The analysis of impedance involved by a Foucault current test of ferritic steel tubes, is quite different from the classical analysis which refers to non-magnetic tubes; more particularly, volume defects are considered as magnetic anomalies. Contrarily to current instructions which recommend to test the product in a satured magnetic state, it is very interesting to work with a continuous energizing field, comparatively low, corresponding to a sequenced magnetization, of which value is obtained according to the magnetic structure of the product. This analysis is useful when testing fast reactor fuel cans [fr

  4. Integrated fuel cell stack shunt current prevention arrangement

    Energy Technology Data Exchange (ETDEWEB)

    Roche, Robert P. (Cheshire, CT); Nowak, Michael P. (Bolton, CT)

    1992-01-01

    A fuel cell stack includes a plurality of fuel cells juxtaposed with one another in the stack and each including a pair of plate-shaped anode and cathode electrodes that face one another, and a quantity of liquid electrolyte present at least between the electrodes. A separator plate is interposed between each two successive electrodes of adjacent ones of the fuel cells and is unified therewith into an integral separator plate. Each integral separator plate is provided with a circumferentially complete barrier that prevents flow of shunt currents onto and on an outer peripheral surface of the separator plate. This barrier consists of electrolyte-nonwettable barrier members that are accommodated, prior to the formation of the integral separator plate, in corresponding edge recesses situated at the interfaces between the electrodes and the separator plate proper. Each barrier member extends over the entire length of the associated marginal portion and is flush with the outer periphery of the integral separator plate. This barrier also prevents cell-to-cell migration of any electrolyte that may be present at the outer periphery of the integral separator plate while the latter is incorporated in the fuel cell stack.

  5. Testing the price and affordability of healthy and current (unhealthy) diets and the potential impacts of policy change in Australia.

    Science.gov (United States)

    Lee, Amanda J; Kane, Sarah; Ramsey, Rebecca; Good, Elizabeth; Dick, Mathew

    2016-04-12

    Price and affordability of foods are important determinants of health. Targeted food pricing policies may help improve population diets. However, methods producing comparable data to inform relevant policy decisions are lacking in Australia and globally. The objective was to develop and pilot standardised methods to assess the price, relative price and affordability of healthy (recommended) and current (unhealthy) diets and test impacts of a potential policy change. Methods followed the optimal approach proposed by INFORMAS using recent Australian dietary intake data and guidelines. Draft healthy and current (unhealthy) diet baskets were developed for five household structures. Food prices were collected in stores in a high and low SES location in Brisbane, Australia. Diet prices were calculated and compared with household incomes, and with potential changes to the Australian Taxation System. Wilcoxen-signed rank tests were used to compare differences in price. The draft tools and protocols were deemed acceptable at household level, but methods could be refined. All households spend more on current (unhealthy) diets than required to purchase healthy (recommended) diets, with the majority (53-64 %) of the food budget being spent on 'discretionary' choices, including take-away foods and alcohol. A healthy diet presently costs between 20-31 % of disposable income of low income households, but would become unaffordable for these families under proposed changes to expand the GST to apply to all foods in Australia. Results confirmed that diet pricing methods providing meaningful, comparable data to inform potential fiscal and health policy actions can be developed, but draft tools should be refined. Results suggest that healthy diets can be more affordable than current (unhealthy) diets in Australia, but other factors may be as important as price in determining food choices.

  6. Testing the price and affordability of healthy and current (unhealthy diets and the potential impacts of policy change in Australia

    Directory of Open Access Journals (Sweden)

    Amanda J. Lee

    2016-04-01

    Full Text Available Abstract Background Price and affordability of foods are important determinants of health. Targeted food pricing policies may help improve population diets. However, methods producing comparable data to inform relevant policy decisions are lacking in Australia and globally. The objective was to develop and pilot standardised methods to assess the price, relative price and affordability of healthy (recommended and current (unhealthy diets and test impacts of a potential policy change. Methods Methods followed the optimal approach proposed by INFORMAS using recent Australian dietary intake data and guidelines. Draft healthy and current (unhealthy diet baskets were developed for five household structures. Food prices were collected in stores in a high and low SES location in Brisbane, Australia. Diet prices were calculated and compared with household incomes, and with potential changes to the Australian Taxation System. Wilcoxen-signed rank tests were used to compare differences in price. Results The draft tools and protocols were deemed acceptable at household level, but methods could be refined. All households spend more on current (unhealthy diets than required to purchase healthy (recommended diets, with the majority (53–64 % of the food budget being spent on ‘discretionary’ choices, including take-away foods and alcohol. A healthy diet presently costs between 20–31 % of disposable income of low income households, but would become unaffordable for these families under proposed changes to expand the GST to apply to all foods in Australia. Conclusions Results confirmed that diet pricing methods providing meaningful, comparable data to inform potential fiscal and health policy actions can be developed, but draft tools should be refined. Results suggest that healthy diets can be more affordable than current (unhealthy diets in Australia, but other factors may be as important as price in determining food choices.

  7. Current economic cost, the ARENH (Regulated Access to the Historic (EDF) Nuclear Energy Supplier) price, the differential rent and the scarcity rent of nuclear power: some observations

    International Nuclear Information System (INIS)

    Percebois, J.

    2012-01-01

    This article sets out to explain the ARENH mechanism, the regulated price at which the EDF (France's historic monopoly supplier) must sell part of its production to its competitors in the framework of the Nome Act (New Organisation of the Electricity Market). This price by its nature is different from the Current Economic Cost (CEC) of nuclear power, as estimated by France's Government Accounting Office in its report submitted in January 2012. These two approaches revert to the problem of the determination of the scarcity rent of nuclear power in the context of the liberalised European market, in which nuclear power benefits from a 'cost' advantage relative to thermal electricity generated from fossil fuels. Furthermore, scarcity rent is not the same thing as differential rent. Selling a nuclear kWh at the price of a 'gas' kWh at certain times results in a differential rent enabling nuclear generated power to cover fixed costs. One can only speak of scarcity rent for nuclear power when the price at which the kWh is sold allows the recovery of more than is necessary to cover overall costs of nuclear power and it is this scarcity rent and its allocation that is the subject of debate. (author)

  8. The True Cost of Coal. How people and the planet are paying the price for the world's dirtiest fuel

    International Nuclear Information System (INIS)

    Bjureby, Erika; Britten, Mareike; Cheng, Irish; Kazmierska, Marta; Mezak, Ernest; Munnik, Victor; Nandi, Jayashree; Pennington, Sara; Rochon, Emily; Schulz, Nina; Shahab, Nabiha; Vincent, Julien; Wei, Meng; Short, Rebecca

    2009-09-01

    Traditionally considered the cheapest fuel around, the market price for coal ignores its most significant impacts. These so-called 'external costs' manifests themselves as damages such as respiratory diseases, mining accidents, acid rain, smog pollution, reduced agricultural yields and climate change. The harm caused by mining and burning coal is not reflected in its price per ton or its costs for a kWh of electricity, but the world at large is nevertheless paying for it. This report seeks to answer the question: just how much are we paying?

  9. Is the price effect on fuel consumption symmetric? Some evidence from an empirical study

    International Nuclear Information System (INIS)

    Sentenac-Chemin, Elodie

    2012-01-01

    We generally consider that the price elasticity of the energy demand is quite small. But it appears that strong increases in gasoline price lead to modifications in consumer behaviors. The high volatility of petroleum prices and the strong increases since the beginning of 2000 justify an analysis of price effects on gasoline consumption. We estimate the effects of price variations on gasoline consumption, in the United States and India. We use a co-integration modelling to test for long-run relationship between gasoline consumption, income, price and vehicle ownership in the two countries. We use an error correction model to test for short-run prices effects and more precisely for asymmetric effects on demand of increases and decreases in gasoline prices. The main conclusions are the following. Concerning the United States, the long-term price elasticity is relatively high for an industrialised country because gasoline taxes are low, but we show that households are more sensitive to a price increase than a price decrease. About India, price elasticity in the long-run is quite high but is quite small in the short-run. It is not surprising for an emergent country. It seems that there is no asymmetric effect of price variations on gasoline consumption.

  10. Fuel consumption: short term and long term price impacts per population type; Consommation de carburant: effets des prix a court et a long termes par type de population

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2011-07-01

    This report presents assessments of the price sensitivity of household fuel consumption. After a literature review on price-elasticity assessments and the use of pseudo-panels, the investigation analyses the deciding factors of the household fuel expense and its evolution between 1985 and 2006. It proposes a short term price-elasticity assessment based on the most recent survey, and also proposes price-elasticity assessments for sub-populations, notably in terms of income level or location (rural or urban areas)

  11. The effects of the evolution of fuel prices and the environmental regulations on the producers of electric power based on fossil fuel

    International Nuclear Information System (INIS)

    Balasoiu, Constantin; Alecu, Sorin

    2006-01-01

    The production of electric power in the context of the concept of human society's lasting development is influenced in the recent years by a series of external factors, both circumstantial and derived from internal and international regulations. This work proposes a theoretical analysis of additional costs induced by the evolution of fuel prices as well as of the short, medium and long term environmental restrictions for the producers of lignite based electric power in Romania. To this purpose, the authors have considered as theoretical elements of analysis, a 330 MW functioning power station, working entirely on lignite GEL (70% expenses on fuel) with a production cost of 40 Euros/MWh at a 70% degree of usage capacity and 36 Euros/MWh at 100%. The paper addresses the following items: 1. The periods of analysis and the influential factors; 2. The evaluation of additional costs for the observance of EU Directive 2001/80/EC; 3. The evaluation of additional costs induced by the stipulations of the Kyoto Protocol; 4. The evaluation of additional costs induced by the evolution of the price of the fuel. In conclusion accumulating all the influences described in the chapters of this material, the impact in the rise of production costs for the described lignite based power plant is summarized by taking into account: the impact of CO 2 emissions; the impact Directive 2001/80/EC; the impact of the fuel price; the total rise. One can notice, that the biggest influence on the additional production costs comes from the impact of CO 2 emissions, in the outlook of the integration in the EU ETS, which depends on: 1) The way in which the National Allocation Plan for the allowances of CO 2 emissions is made in the power sector. The higher D utl.ref is, the stronger will be their place on the market. 2) The evolution of the price of CO 2 emissions on the EU ETS

  12. Preliminary report. Preliminary findings and views concerning the exemption of kerojet fuels from the Mandatory Petroleum Allocation and Price Regulations

    Energy Technology Data Exchange (ETDEWEB)

    None

    1978-01-01

    Preliminary findings indicate the following: kerojet fuel is not in short supply; it will not adversely impact on the supply of other petroleum products subject to the Emergency Petroleum Allocation Act; competition and market forces are adequate; and it will not result in inequitable prices for kerojet or other products. Chapter II provides background information on the use, production, and distribution of kerojet. Chapter III analyzes the historical interaction of supply, demand, and price, and explores the market structure for kerojet during 1968 to 1976, prior to and during imposition of allocation and price controls. Chapter IV examines the effect upon kerojet supply, demand, price, and market structure of exempting kerojet from controls and indicates the benefits to be derived from such exemption. In Chapter V, the potential economic impacts of exemption are evaluated. Chapter VI provides a final summary of the DOE's findings and views in support of its preliminary judgment that kerojet should be exempted from allocation and price regulations. (MCW)

  13. Do changing prices portend a shift in fuel consumption, diminished greenhouse gas emissions, and lower fuel tax revenue?

    Science.gov (United States)

    2015-01-01

    The growing uncertainty about oil prices and availability has made long-range transportation planning : more challenging. Rather than relying on trend extrapolation, this study uses market mechanisms to : evaluate key long-range transportation planni...

  14. Perspectives of fuel prices in Brazil: the case of liquefied petroleum gas

    International Nuclear Information System (INIS)

    Reis, Marcos Swensson

    1993-01-01

    A summary of the price evolution of liquefied petroleum gas (LPG) between 1979 and 1983 in Brazil is presented. The pricing policy adopted by the government as a tool for fighting inflation has caused problems to the LPG industry. It is proposed the implementation of a market policy in order to solve these problems

  15. Impact of the flex-fuel vehicle on the prices formation and regulation in Brazil; Analise do impacto dos veiculos flex-fuel na formacao e regulacao de precos de combustiveis veiculares no Brasil

    Energy Technology Data Exchange (ETDEWEB)

    Buscarini, Rodolfo Jose Galvao [Universidade Estadual de Campinas (IE/UNICAMP), SP (Brazil). Inst. de Economia; Cesca, Igor Gimenes [Universidade Estadual de Campinas (DEP/FEM/UNICAMP), SP (Brazil). Fac. de Engenharia Mecanica. Dept. de Engenharia de Petroleo

    2012-07-01

    The main fuels for vehicles in Brazil are the gasoline type C - which is a mixture of gasoline, resulting from the fractional distillation of oil and anhydrous ethanol - and hydrated ethanol. For this importance, has been created an institutional framework to guide and regulate the activities of the fuel sector, initially for gasoline, hydrated ethanol was contemplated by such device in 2011. Since 2003, there has been manufactured in Brazil the flex-fuel vehicles. With this, the possibility of activation of an additional factor for the regulation of vehicle fuel prices, increasing consumer power to define which of the fuels could be used as the disposition of their prices. One of the effects of growth flex-fuel sales has been increased production and investment in ethanol (especially sugar cane) as a suitable alternative to the. The hope was that the formation of fuel prices was less dependent on their cost of production and distribution and more influenced by a pressure of consumer demand. However, the increase in the sales of the flex-fuel vehicle in Brazil in the last years was not the determining factor in the price of fuels, as it was expected. The explanation of this is on external factors to the automotive industry, linked to the structures of the production chain of oil and ethanol, especially the question of the great increase in international prices of oil and hydrated ethanol in the international market in recent years. (author)

  16. Dynamic pricing and learning: Historical origins, current research, and new directions

    NARCIS (Netherlands)

    den Boer, A.V.

    The topic of dynamic pricing and learning has received a considerable amount of attention in recent years, from different scientific communities. We survey these literature streams: we provide a brief introduction to the historical origins of quantitative research on pricing and demand estimation,

  17. WWER-1000 fuel cycles: current situation and outlook

    International Nuclear Information System (INIS)

    Kosourov, E.; Pavlov, V.; Pavlovichev, A.; Spirkin, E.; Shcherenko, A.

    2013-01-01

    Usage mode of nuclear fuel in WWER type reactor has been changed significantly till the moment of the first WWER-1000 commissioning. There are a lot of improvements, having an impact on the fuel cycle, have been implemented for units with WWER-1000. FA design and its constructional materials, FA fuel weight, burnable poison, usage mode of units and etc have been modified. As the result of development it has been designed a modern FA with rigid skeleton. As a whole it allows to use more efficient configurations of the core, to extend range of fuel cycle lengths and to provide good flexibility in the operation. In recent years there were in progress works on increasing FA uranium capacity. As the result there were developed two designs of the fuel rod: 1) the fuel column height of 3680 mm, diameters of the fuel pellet and its central hole of 7.6 and 1.2 mm respectively and 2) the fuel column height of 3530 mm, the fuel pellet diameter of 7.8 mm without the central hole. Such fuel rods have operating experience as a part of different FA designs. Positive operating experience was a base of new FA (TVS-4) development with the fuel column height of 3680 mm and the fuel pellet diameter of 7.8 mm without the central hole. The paper presents the overview of WWER-1000, AES-2006 and WWER-TOI fuel cycles based on FAs with fuel rod designs described above. There are demonstrated fuel cycle possibilities and its technical and economic characteristics. There are discussed problems of further fuel cycle improvements (fuel enrichment increase above 5 %, use of erbium as alternative burnable poison) and their impact on neutronics characteristics. (authors)

  18. An EKC-pattern in historical perspective. Carbon dioxide emissions, technology, fuel prices and growth in Sweden 1870-1997

    International Nuclear Information System (INIS)

    Lindmark, Magnus

    2002-01-01

    The environmental Kuznets curve (EKC) has been subject to research and debate since the early 1990s. This article examines the inverted-U trajectory of Swedish CO 2 emissions during an extended time period beginning in 1870. The basis for the investigation is a structural time series approach that utilizes a stochastic trend as an indicator of technological and structural change, and GDP growth and changes in the price of fuel and cement price as independent variables. Finally, the development of technological and structural change with respect to CO 2 emissions is interpreted within the context of growth regimes. The result suggests that the period 1920-1960, with high, sustained growth rates was associated with less technological and structural changes relating to CO 2 emissions than periods with lower growth rates, such as the late 1800s and the post-1970 period. Furthermore, it is suggested that time-specific technological clusters may affect EKC patterns

  19. The current and perspective problems of nuclear power fuel supply

    International Nuclear Information System (INIS)

    Solonin, M.I.; Konovalov, I.I.

    2003-01-01

    Conception of fuel supply is comprised of supplying of natural uranium resources, nuclear fuel production including engineering stages of refining, enriching, production, use of secondary uranium and plutonium raw materials. The structure of nuclear fuel cycle is considered. Enterprises of the Russian nuclear fuel cycle, world recourses and fundamental producers of uranium are performed, demands in natural uranium of Russian and frontier NPP to 2010 are demonstrated. Dynamics of the development of separate methods - diffusion and centrifugal is presented as well as parameters of fuel supply at Russian and frontier NPP are compared [ru

  20. Current status of IAEA activities in spent fuel management

    International Nuclear Information System (INIS)

    Danker, W.J.

    2003-01-01

    Spent fuel storage is a common issue in all IAEA Member States with nuclear reactors. Whatever strategy is selected for the back-end of the nuclear fuel cycle, the storage of spent fuel will be an increasingly significant consideration. Notwithstanding considerable efforts to increase the efficient use of nuclear fuel and to optimize storage capacity, delays in plans for geological repositories or in implementing reprocessing result in increased spent fuel storage capacity needs in combination with longer storage durations over the foreseeable future. As storage inventories and durations increase, issues associated with long term storage compel more attention...monitoring for potential degradation mechanisms, records retention, maintenance, efficiencies through burnup credit. Since the IAEA contribution to ICNC'99 focused exclusively on IAEA burnup credit activities including requirements and methods, this paper provides a broader perspective on IAEA activities in response to the above trends in spent fuel management, while also describing efforts to disseminate information regarding burnup credit applications. (author)

  1. Spent fuel management: Current status and prospects 1993

    International Nuclear Information System (INIS)

    1994-02-01

    Spent fuel management has always been one of the most important stages in the nuclear fuel cycle and it is still one of the most vital problems common to all countries with nuclear reactors. It begins with the discharge of spent fuel from a power or a research reactor and ends with its ultimate disposition, either by direct disposal or by reprocessing of the spent fuel. Two options exist at present - an open, once-through cycle with direct disposal of the spent fuel and a closed cycle with reprocessing of the spent fuel and recycling of plutonium and uranium in new mixed oxide fuels. The selection of a spent fuel strategy is a complex procedure in which many factors have to be weighed, including political, economic and safeguards issues as well as protection of the environment. Continuous attention is being given by the IAEA to the collection, analysis and exchange of information on spent fuel management. Its role in this area is to provide a forum for the exchange of information and to co-ordinate and to encourage closer co-operation among Member States in certain research an development activities that are of common interest. Refs, figs and tabs

  2. The Share Price and Investment: Current Footprints for Future Oil and Gas Industry Performance

    Directory of Open Access Journals (Sweden)

    Ionel Jianu

    2018-02-01

    Full Text Available The share price has become a very important indicator for shareholders, banks, and financial institutions evaluating the performance of companies. The oil and gas industry seems to be in a difficult era of development, due to the market prices for its products. Moreover, climate change and renewable energies are barriers for fossil energy. This state of affairs, and the fact that oil and gas shares are considered one of the most solid and reliable shares on the London Stock Exchange (LSE, have drawn our attention. International institutions encourage the investment in the oil and gas economic sector. This study investigates how investments of oil and gas companies in long-term assets influence the share price. Using the Ohlson share price model for a sample of 51 listed companies on the LSE proves that investments in long-term assets influence the share price in the case of companies which record losses. Investments in long-term assets are responsible for the attractiveness of the oil and gas company shares.

  3. Modeling of geographical pricing: A game analysis of siberian fuel costs

    Science.gov (United States)

    Sivushina, Anastasiya; Kombu, Anchy; Ryumkin, Valeriy

    2017-11-01

    In the present study, we propose a novel game-theoretic pricing model describing the interaction between producers and retailers of goods in conditions of poor transport infrastructure and sparse geographical distribution of the points of sale. The proposed model generalizes the Stackelberg leadership model for an arbitrary number of leaders and followers. We show that the model always has a Nash and Stackelberg equilibria. We also provide formulas for the equilibrium prices and volume of sales. As an example we model diesel pricing in south Siberia. Our model found no signs of a cartel. The results of this paper can be used by policymakers to inform market regulations aimed at promoting free competition and avoiding monopolies in production and retail of goods.

  4. Integration of CCS, emissions trading and volatilities of fuel prices into sustainable energy planning, and its robust optimization

    International Nuclear Information System (INIS)

    Koo, Jamin; Han, Kyusang; Yoon, En Sup

    2011-01-01

    In this paper, a new approach has been proposed that allows a robust optimization of sustainable energy planning over a period of years. It is based on the modified energy flow optimization model (EFOM) and minimizes total costs in planning capacities of power plants and CCS to be added, stripped or retrofitted. In the process, it reduces risks due to a high volatility in fuel prices; it also provides robustness against infeasibility with respect to meeting the required emission level by adopting a penalty constant that corresponds to the price level of emission allowances. In this manner, the proposed methodology enables decision makers to determine the optimal capacities of power plants and/or CCS, as well as volumes of emissions trading in the future that will meet the required emission level and satisfy energy demand from various user-sections with minimum costs and maximum robustness. They can also gain valuable insights on the effects that the price of emission allowances has on the competitiveness of RES and CCS technologies; it may be used in, for example, setting appropriate subsidies and tax policies for promoting greater use of these technologies. The proposed methodology is applied to a case based on directions and volumes of energy flows in South Korea during the year 2008. (author)

  5. Activity-based costing for pathology examinations and comparison with the current pricing system in Turkey.

    Science.gov (United States)

    Ergün, Ferda A K; Ağirbaş, Ismail; Kuzu, Işınsu

    2013-01-01

    To demonstrate the real cost data of the pathology examinations by using the activity-based costing method and to contribute to the financial planning of the departments, health managers and also the social security institution. Forty-four examinations selected from the Healthcare Implementation Notification system list and performed at the Ankara University Faculty of Medicine Pathology Department during September 2010 were studied. The analysis and the real cost calculations were done according to the duration of the procedures. Calculated costs were compared with the Healthcare Implementation Notification system and Medicare price lists. The costs of the pathology tests listed within the same pricing levels in the Healthcare Implementation Notification system list showed great differences. The minimum and maximum costs in level 1, 2, 3, and 4 were 15,98-80,15 TL, 15,95-258,59 TL, 42,38- 236,87 TL, and 124,42-406,76 TL, respectively. Medicare price levels were more consistent with the real costs of the examinations compared to the Healthcare Implementation Notification system price list. The prices of the pathology examination listed at different levels in the Healthcare Implementation Notification system lists do not cover the real costs of the work done. The principal parameters of Activity-Based Costing system are more suitable for making the most realistic cost categorization. Although the prices could differ between countries, the Medicare system categories are more realistic than the Healthcare Implementation Notification system. The Healthcare Implementation Notification system list needs to be revised in order to reflect the real costs of the pathology examinations.

  6. Current status of U.S. coal utilization and non-fuel uses of fossil fuels

    International Nuclear Information System (INIS)

    Song, C.S.; Schobert, H.; Scaroni, A.W.

    1997-01-01

    An understanding of the current situation is important for projecting the future direction of coal utilization. The world's annual consumption of coal in 1995 was 5104.01 million short tons (MST, 1 short ton = 0.907 metric ton). Coal plays a very important role in the US energy supply; US coal production in 1995 totaled 1033 MST, including 611.1 MST of bituminous coal, 328.4 MST of subbituminous coal, 86.1 MST of lignite, and 4.1 MST of anthracite. US coal consumption totaled 940.6 MST, with 88.1% in electric utilities, 3.5% in coke plants, 7.8% for other industrial uses, and only 0.6% in the residential and commercial sectors. The amount of fossil resources used for non-fuel purposes accounted for 8.4% of the total annual consumption in 1995. Non-fuel uses of fossil fuels particularly coal may become more important in the future. The demonstrated coal reserves in the world are large enough for consumption for over 220 years at the 1995 level, while proven oil reserves are only about 40 times the world's 1995 consumption level. Coal has several positive attributes when considered as a feedstock for aromatic chemicals, specialty chemicals, and carbon-based materials. Existing nonfuel uses of coals include (1) high temperature carbonization of bituminous and subbituminous coals to make metallurgical coke; (2) gasification of coal to make synthesis gases and other chemicals; (3) use of coal in manufacturing other materials such as activated carbons, carbon molecular sieves (CMS) and production of phosphorus (phosphoric acid); (4) the use of coal tars from carbonization and gasification for making aromatic and phenolic chemicals; (5) the use of coal tar pitch for making carbon fibers and activated carbon fibers; and (6) other non-fuel products derived from coal including combustion by-products. Coal may become more important both as an energy source and as the source of chemical feedstocks in the 21st century

  7. Predicting short term (1 week to 6 months) fuel prices using EIA data

    International Nuclear Information System (INIS)

    Felts, M.C.

    1992-01-01

    Events in the oil market from August 1990 to February 1991 provide an excellent case study for understanding the relationship of oil inventories, product inventories, refinery utilization rates and the prices of crude oil and products. This paper presents a basic overview of how the system works and demonstrates how anyone can predict what will happen next using EIA weekly data. The system of analysis require only that one think logically about the factors involved. The system never fails because it is based on certain conditions which do not change, such as the limited capacity of refineries, storage and transportation facilities. As one becomes familiar with the general theory behind this type of analysis, it is possible to accurately predict the behavior of gasoline and diesel prices in separate areas of the US. Because the US is the primary user of crude oil, conditions in the US refining market also significantly influence the price of crude oil. These price fluctuations can also be anticipated by watching the EIA data

  8. Current Status of the LIFE Fast Reactors Fuel Performance Codes

    International Nuclear Information System (INIS)

    Yacout, A.M.; Billone, M.C.

    2013-01-01

    The LIFE-4 (Rev. 1) code was calibrated and validated using data from (U,Pu)O2 mixed-oxide fuel pins and UO2 blanket rods which were irradiation tested under steady-state and transient conditions. – It integrates a broad material and fuel-pin irradiation database into a consistent framework for use and extrapolation of the database to reactor design applications. – The code is available and running on different computer platforms (UNIX & PC) – Detailed documentations of the code’s models, routines, calibration and validation data sets are available. LIFE-METAL code is based on LIFE4 with modifications to include key phenomena applicable to metallic fuel, and metallic fuel properties – Calibrated with large database from irradiations in EBR-II – Further effort for calibration and detailed documentation. Recent activities with the codes are related to reactor design studies and support of licensing efforts for 4S and KAERI SFR designs. Future activities are related to re-assessment of the codes calibration and validation and inclusion of models for advanced fuels (transmutation fuels)

  9. Nuclear fuel for WWER reactors. Current status and prospects

    International Nuclear Information System (INIS)

    Molchanov, V.

    2006-01-01

    In this paper the following results from the JSC TVEL post-irradiation studies of full-scale fuel assemblies are discussed: 1) Oxide layer on fuel rod (FR) cladding does not exceed 15 μm; 2) Fission Gas Release does not exceed 3%; 3) Satisfactory condition of cladding. Concerning the operating experience it is noticed that: 1) Design criteria are fulfilled; 2) 5 TVSA are stayed at Kalinin-1 for 6 years up to burnup of 59 MWxdays/kgU; 3) 12 working assemblies (WA) are operated at Kola-3 for 6 years up to burnup of 57 MWxdays/kgU. At the end the following conclusions are made: 1) The main task of further development of nuclear fuel for WWER-1000 reactors is the increasing fuel rod burnup up to 72 MWxdays/kgU and operating life up to 6 years through the increase in uranium load in FA and maximum use of potential built-in in the designs of TVSA and TVS-2; 2) In the nearest future R and D in the field of nuclear fuel for WWER will be directed at justification of maneuvering fuel characteristics as well as at introducing of optimized zirconium alloys

  10. Current state of spent fuel management in the Russian Federation

    International Nuclear Information System (INIS)

    Makarchuk, T.F.; Spichev, V.V.; Tikhonov, N.S.; Simanovsky, V.M.; Tokarenko, A.I.; Bespalov, V.N.

    1998-01-01

    Twenty nine power units of nine nuclear power plants of total installed capacity 22 GW(e) are now in operation in the Russian Federation. They produce approximately 12% of electric power in the country. The annual spent fuel arising is about 790 tU. The spent fuel from VVER-440 and BN-600 is reprocessed at the RT-1 plant near Chelyabinsk. The VVER-1000 spent fuel is planned to be reprocessed at the reprocessing plant RT-2 which is under construction near Krasnoyarsk. The RBMK-1000 spent fuel is not reprocessed because of its low fissile content. It is meant to be stored in intermediate storage facilities at the NPP sites and in a centralized storage facility during a period not less than 50 years and then to be disposed of in geological formations. State of the art of spent fuel reprocessing, storage and transportation is considered in the paper. Problems of nuclear fuel cycle back-end in Russia are taken into account. (author)

  11. Advanced fuel technology and performance: Current status and trends

    International Nuclear Information System (INIS)

    1990-11-01

    During the last years the Nuclear Fuel Cycle and Waste Management Division of the IAEA has been giving great attention to the collection, analysis and exchange of information in the field of reactor fuel technology. Most of these activities are being conducted in the framework of the International Working Group on Water Reactor Fuel Performance and Technology (IWGFPT). The purpose of this Advisory Group Meeting on Advanced Fuel Technology and Performance was to update and to continue the previous work, and to review the experience of advanced fuel technology, its performance with regard to all types of reactors and to outline the future trends on the basis of national experience and discussions during the meeting. As a result of the meeting a Summary Report was prepared which reflected the status of the advanced nuclear fuel technology up to 1990. The 10 papers presented by participants of this meeting are also published here. A separate abstract was prepared for each of these papers. Refs, figs and tabs

  12. Hybrid Direct Carbon Fuel Cell Performance with Anode Current Collector Material

    DEFF Research Database (Denmark)

    Deleebeeck, Lisa; Kammer Hansen, Kent

    2015-01-01

    collectors were studied: Au, Ni, Ag, and Pt. It was shown that the performance of the direct carbon fuel cell (DCFC) is dependent on the current collector materials, Ni and Pt giving the best performance, due to their catalytic activity. Gold is suggested to be the best material as an inert current collector......The influence of the current collector on the performance of a hybrid direct carbon fuel cell (HDCFC), consisting of solid oxide fuel cell (SOFC) with a molten carbonate-carbon slurry in contact with the anode, has been investigated using current-voltage curves. Four different anode current...

  13. Spent fuel management in China: Current status and prospects

    International Nuclear Information System (INIS)

    Zhu, J.L.

    1998-01-01

    In this paper, the development of nuclear power in China, its status of operating nuclear power plants and progress of on-going NPP projects are described. With the arising of spent fuel from NPPs, a national policy of a closed nuclear fuel cycle has been determined. Following storage at reactor sites for at least 5 years (generally maximum 10 years), spent fuel will be transferred to an away-from-reactor pool type centralized storage facility. Adjacent to the storage facility, a multi-purpose reprocessing pilot plant will be set up by the end of this century. An industrial scale reprocessing plant would be succeeded around the year 2020. China's spent fuel management activities include at-reactor storage, transportation, away-from-reactor storage and reprocessing. Relatively detailed description of the work done up to now on spent fuel management and plans for the future are described. It should be noted that activities related to the management of high level radioactive waste are not included here. (author)

  14. Spent fuel management in Hungary: Current status and prospects

    International Nuclear Information System (INIS)

    Ferenczi, G.

    1996-01-01

    The Paks Nuclear Power Plant Ltd. operates the only NPP of Hungary, consisting of a 4 WWER-440 type units. Since 1989, approximately 40-50 % of the total yearly electricity generation of the country has been supplied by this plant. The fresh fuel is imported from Russia (previously from the Soviet Union) and the spent fuel assemblies are shipped back to Russia for later reprocessing after 5 years of decay storage in the spent fuel pools of the plant. Seeing the political and economical changes that started in Russia, the Paks NPP's management made a decision in 1990 to study the implementation of an independent spent fuel storage facility (ISFSF) at the Paks site and in 1992 to choose the GEC-ALSTHOM's MVDS. On the basis of the Construction License issued by the HAEC, the construction of the ISFSF was started in March 1995. The paper gives general information on the spent fuel arisings, the storage at the site, the shipment to Russia and on the implementation of the ISFSF. (author). 3 refs

  15. Fuel Cell Buses in U.S. Transit Fleets: Current Status 2011

    Energy Technology Data Exchange (ETDEWEB)

    Eudy, L.; Chandler, K.; Gikakis, C.

    2011-11-01

    This status report, fifth in a series of annual status reports from the U.S. Department of Energy's National Renewable Energy Laboratory (NREL), discusses the achievements and challenges of fuel cell propulsion for transit and summarizes the introduction of fuel cell transit buses in the United States. Progress this year includes an increase in the number of fuel cell electric buses (FCEBs), from 15 to 25, operating at eight transit agencies, as well as increased diversity of the fuel cell design options for transit buses. The report also provides an analysis of the combined results from fuel cell transit bus demonstrations evaluated by NREL with a focus on the most recent data through July 2011 including fuel cell power system reliability and durability; fuel economy; roadcall; and hydrogen fueling results. These evaluations cover 22 of the 25 FCEBs currently operating.

  16. Current options for the back end of the fuel cycle

    International Nuclear Information System (INIS)

    Sue Ion

    2000-01-01

    Two strategic issues facing the nuclear industry are the claimed risks of (a) weapons proliferation, and (b) environmental contamination; both affect the choice between open and closed fuel cycles. The choice for plutonium lies between supposedly permanent disposal and bumming/utilisation as a fuel. Disposal while never irretrievable could create an economically decisive obstacle to constructive use of material of great value for future global energy. Utilisation in energy supply will both restrict access to separated stockpiles and allow the inventory size to be managed with efficient use of this energy resource. Recycling recovers valuable materials for further use and allows the spent fuel stockpile to be managed. However, risk of diversion to weapon proliferation depends not on the extent of plutonium stocks but on access to a minute proportion of them, and would not be directly altered by any foreseeable increase or reduction in the well managed inventory. A key issue is to decide how in future to recover from the fuel cycle the accessible stock required to sustain it. The fear of environmental contamination is principally based on increasingly disputed health risks from radiation well below the variation in natural levels. Neither this nor the proliferation issue appears to justify insisting on the once through cycle and so wasting a finite resource that will almost certainly be needed in the coming decades. (author)

  17. Current status and prospects on Rokkasho nuclear fuel cycle project

    International Nuclear Information System (INIS)

    Suzuki, Mitsuo

    2003-01-01

    JNFL has been established aiming at fulfillment of Nuclear Fuel Cycle, as well as to contribute to the long-term and stable supply of nuclear power in Japan. 'Uranium Enrichment Plant' with its production of 1,050 SWU/y and planned to be expand to 1,500 SWU/y, 'Low Level Radioactive Waste Disposal Center' with 150,000/200 l drums stored, out of its 400,000 drums capacity, and 'Vitrified Waste Storage Center' with 760 canisters stored, out of its 1440 canisters capacity, are already in its operation. It is now preparing for the operation of '800 t/y Reprocessing Plant' and construction of '130t HM/y MOX Fuel Fabrication Plant'. As for the Reprocessing Plant, 780t of spent fuels has been already received and stored in the storage pools. Main plant is now in the course of test operation and planned to start the commercial operation by July 2006. Due to some defects found during the course of its construction, JNFL is now reviewing the Total Quality Assurance Structure to improve and reinforce its system. And for the MOX Fuel Fabrication Plant, activities towards obtaining the local autonomy's agreement for the construction are being made energetically. It is essential to obtain the good understanding of the public community to promote these projects successfully; JNFL is putting its best efforts to dispatch all the necessary information to the public in a timely manner. (author)

  18. An EKC-pattern in historical perspective. Carbon dioxide emissions, technology, fuel prices and growth in Sweden 1870-1997

    Energy Technology Data Exchange (ETDEWEB)

    Lindmark, Magnus [Department of Economic History, Umea University, SE-901 87 Umea (Sweden)

    2002-08-01

    The environmental Kuznets curve (EKC) has been subject to research and debate since the early 1990s. This article examines the inverted-U trajectory of Swedish CO{sub 2} emissions during an extended time period beginning in 1870. The basis for the investigation is a structural time series approach that utilizes a stochastic trend as an indicator of technological and structural change, and GDP growth and changes in the price of fuel and cement price as independent variables. Finally, the development of technological and structural change with respect to CO{sub 2} emissions is interpreted within the context of growth regimes. The result suggests that the period 1920-1960, with high, sustained growth rates was associated with less technological and structural changes relating to CO{sub 2} emissions than periods with lower growth rates, such as the late 1800s and the post-1970 period. Furthermore, it is suggested that time-specific technological clusters may affect EKC patterns.

  19. What would be the effects of a carbon tax in Japan: an historic analysis of subsidies and fuel pricing on the iron & steel, chemical, and machinery industries

    Directory of Open Access Journals (Sweden)

    Takako Wakiyama

    2016-06-01

    Full Text Available This study examines how a carbon tax could affect industrial-related carbon dioxide (CO2 emissions in Japan. Rather than forecasting the effects of a tax, the paper employs a time-series autoregressive moving average (ARMA model to determine how past subsidies and fuel price changes affected investments in energy and carbon intensity in Japan’s iron & steel, chemical, and machinery industries from 1993 to 2004. The results suggest the impacts varied greatly across industries. In the iron & steel industry, subsidies and price changes produced negligible effects on investments in energy and carbon intensity. This may be because existing iron & steel technologies have long lifetimes and substantial replacement costs. It may also be because the few large companies dominating the industry were relatively immune to subsidy provisions and pricing changes. In the chemical industry, subsidies and fuel prices gave rise to investments that improved carbon and energy intensity. This may be because the industry has relatively higher operation costs that could be cut easily given financial incentives. In the machinery industry, two of three fuel price changes (oil and gas, but not subsidy provisions, yielded improvements in carbon and energy intensity. This may reflect the heterogeneity of companies and products comprising the industry. Overall, the study underscores that policymakers need to tailor the rates and revenue recycling provisions of a carbon tax to an industry’s unique features to stimulate CO2 reductions.

  20. Current Global Pricing For Human Papillomavirus Vaccines Brings The Greatest Economic Benefits To Rich Countries.

    Science.gov (United States)

    Herlihy, Niamh; Hutubessy, Raymond; Jit, Mark

    2016-02-01

    Vaccinating females against human papillomavirus (HPV) prior to the debut of sexual activity is an effective way to prevent cervical cancer, yet vaccine uptake in low- and middle-income countries has been hindered by high vaccine prices. We created an economic model to estimate the distribution of the economic surplus-the sum of all health and economic benefits of a vaccine, minus the costs of development, production, and distribution-among different country income groups and manufacturers for a cohort of twelve-year-old females in 2012. We found that manufacturers may have received economic returns worth five times their original investment in HPV vaccine development. High-income countries gained the greatest economic surplus of any income category, realizing over five times more economic value per vaccinated female than low-income countries did. Subsidizing vaccine prices in low- and middle-income countries could both reduce financial barriers to vaccine adoption and still allow high-income countries to retain their economic surpluses and manufacturers to retain their profits. Project HOPE—The People-to-People Health Foundation, Inc.

  1. New materials for polymer electrolyte membrane fuel cell current collectors

    Science.gov (United States)

    Hentall, Philip L.; Lakeman, J. Barry; Mepsted, Gary O.; Adcock, Paul L.; Moore, Jon M.

    Polymer Electrolyte Membrane Fuel cells for automotive applications need to have high power density, and be inexpensive and robust to compete effectively with the internal combustion engine. Development of membranes and new electrodes and catalysts have increased power significantly, but further improvements may be achieved by the use of new materials and construction techniques in the manufacture of the bipolar plates. To show this, a variety of materials have been fabricated into flow field plates, both metallic and graphitic, and single fuel cell tests were conducted to determine the performance of each material. Maximum power was obtained with materials which had lowest contact resistance and good electrical conductivity. The performance of the best material was characterised as a function of cell compression and flow field geometry.

  2. Current status of Westinghouse tubular solid oxide fuel cell program

    Energy Technology Data Exchange (ETDEWEB)

    Parker, W.G. [Westinghouse Science and Technology Center, Pittsburgh, PA (United States)

    1996-04-01

    In the last ten years the solid oxide fuel cell (SOFC) development program at Westinghouse has evolved from a focus on basic material science to the engineering of fully integrated electric power systems. Our endurance for this cell is 5 to 10 years. To date we have successfully operated at power for over six years. For power plants it is our goal to have operated before the end of this decade a MW class power plant. Progress toward these goals is described.

  3. Categorization of failed and damaged spent LWR [light-water reactor] fuel currently in storage

    International Nuclear Information System (INIS)

    Bailey, W.J.

    1987-11-01

    The results of a study that was jointly sponsored by the US Department of Energy and the Electric Power Research Institute are described in this report. The purpose of the study was to (1) estimate the number of failed fuel assemblies and damaged fuel assemblies (i.e., ones that have sustained mechanical or chemical damage but with fuel rod cladding that is not breached) in storage, (2) categorize those fuel assemblies, and (3) prepare this report as an authoritative, illustrated source of information on such fuel. Among the more than 45,975 spent light-water reactor fuel assemblies currently in storage in the United States, it appears that there are nearly 5000 failed or damaged fuel assemblies. 78 refs., 23 figs., 19 tabs

  4. [Evolution of salaries and the price of food and domestic fuels in the city of La Paz (1975-1985)].

    Science.gov (United States)

    Laure, J

    1987-03-01

    An analysis was performed on the variations of the food purchasing power of the average industry wage during the period comprised between 1975 and 1984 (increase of 7%), and of the minimum wage between November 1982 and August 1985 (decline of 73%). Development of retail prices in La Paz, for the main food groups, beverages and fuels, was analyzed over the same periods. Variations in work time, paid at average industry wage or at minimum wage, needed to acquire such foodstuffs, beverages or fuels, were also carefully studied. Similarly, development of the cost of calories and proteins was examined. Trends in accessibility of calories and proteins are described. Between 1975 and 1984 these included: a progressive decline in the number of foods that are sources of "cheap" or "very cheap" calories; the same trend was observed with regard to foods which are sources of "cheap" or "very cheap" proteins: A decline in their number and even the disappearance of any source of "very cheap" proteins, and an ever-increasing dependence on agro-industry and foreign imports (notably wheat). Finally, some proposals are made for the purpose of contributing to the establishment of food and nutrition planning. In particular, suggestion is made to automatically reevaluate the minimum wage on the basis of monetary inflation, in order to maintain at least the food purchasing power of the minimum wage. Maintaining this purchasing power greatly determines the nutritional status of the wage-earning population which purchases the most essential foodstuffs.

  5. PRICE AND PRICING STRATEGIES

    OpenAIRE

    SUCIU Titus

    2013-01-01

    In individual companies, price is one significant factor in achieving marketing success. In many purchase situations, price can be of great importance to customers. Marketers must establish pricing strategies that are compatible with the rest of the marketing mix. Management should decide whether to charge the same price to all similar buyers of identical quantities of a product (a one-price strategy) or to set different prices (a flexible price strategy). Many organizations, especially retai...

  6. Fuel Cell Buses in U.S. Transit Fleets: Current Status 2013

    Energy Technology Data Exchange (ETDEWEB)

    Eudy, Leslie [National Renewable Energy Lab. (NREL), Golden, CO (United States); Gikakis, Christina [Federal Transit Administration, Washington, DC (United States)

    2013-12-01

    This report is the seventh in an annual series of reports that summarize the progress of fuel cell electric bus (FCEB) development in the United States and discuss the achievements and challenges of introducing fuel cell propulsion in transit. The report also provides a snapshot of current FCEB performance results from August 2012 through July 2013 for five FCEB demonstrations at four transit agencies.

  7. Fuel Cell Buses in U.S. Transit Fleets: Current Status 2012

    Energy Technology Data Exchange (ETDEWEB)

    Eudy, Leslie [National Renewable Energy Lab. (NREL), Golden, CO (United States); Chandler, Kevin [Battelle, Columbus, OH (United States); Gikakis, Christina [Federal Transit Administration, Washington, DC (United States)

    2012-11-01

    This report is the sixth in an annual series of reports that summarize the progress of fuel cell electric bus (FCEB) development in the United States and discuss the achievements and challenges of introducing fuel cell propulsion in transit. The report also provides a snapshot of current FCEB performance results over the last year.

  8. Current developments of fuel fabrication technologies at the plutonium fuel production facility, PFPF

    International Nuclear Information System (INIS)

    Asakura, K.; Aono, S.; Yamaguchi, T.; Deguchi, M.

    2000-01-01

    The Japan Nuclear Cycle Development Institute, JNC, designed, constructed and has operated the Plutonium Fuel Production Facility, PFPF, at the JNC Tokai Works to supply MOX fuels to the proto-type Fast Breeder Reactor, FBR, 'MONJU' and the experimental FBR 'JOYO' with 5 tonMOX/year of fabrication capability. Reduction of personal radiation exposure to a large amount of plutonium is one of the most important subjects in the development of MOX fabrication facility on a large scale. As the solution of this issue, the PFPF has introduced automated and/or remote controlled equipment in conjunction with computer controlled operation scheme. The PFPF started its operation in 1988 with JOYO reload fuel fabrication and has demonstrated MOX fuel fabrication on a large scale through JOYO and MONJU fuel fabrication for this decade. Through these operations, it has become obvious that several numbers of equipment initially installed in the PFPF need improvements in their performance and maintenance for commercial utilization of plutonium in the future. Furthermore, fuel fabrication of low density MOX pellets adopted in the MONJU fuel required a complete inspection because of difficulties in pellet fabrication compared with high density pellet for JOYO. This paper describes new pressing equipment with a powder recovery system, and pellet finishing and inspection equipment which has multiple functions, such as grinding measurements of outer diameter and density, and inspection of appearance to improve efficiency in the pellet finishing and inspection steps. Another development of technology concerning an annular pellet and an innovative process for MOX fuel fabrication are also described in this paper. (author)

  9. Prices and Price Setting

    NARCIS (Netherlands)

    R.P. Faber (Riemer)

    2010-01-01

    textabstractThis thesis studies price data and tries to unravel the underlying economic processes of why firms have chosen these prices. It focuses on three aspects of price setting. First, it studies whether the existence of a suggested price has a coordinating effect on the prices of firms.

  10. Current US strategy and technologies for spent fuel handling

    International Nuclear Information System (INIS)

    Bennett, P.C.; Stringer, J.B.

    1999-01-01

    The United States Department of Energy has recently completed a topical safety analysis report outlining the design and operation of a Centralized Interim Storage Facility for spent commercial nuclear fuel. During the course of the design, dose assessments indicated the need for remote operation of many of the cask handling operations. Use of robotic equipment was identified as a desirable handling solution that is capable of automating many of the operations to maintain throughput, and sufficiently flexible to handle five or more different storage cask designs in varying numbers on a given day. This paper discusses the facility and the dose assessment leading to this choice, and reviews factors to be considered when choosing robotics or automation. Further, a new computer simulation tool to quantify dose to humans working in radiological environments, the Radiological Environment Modeling System (REMS), is introduced. REMS has been developed to produce a more accurate estimate of dose to radiation workers in new activities with radiological hazards. (author)

  11. On current US strategy and technologies for spent fuel handling

    International Nuclear Information System (INIS)

    Bennett, P.C.

    1997-01-01

    The US Department of Energy has recently completed a topical safety analysis report outlining the design and operation of a Centralized Interim Storage Facility for spent commercial nuclear fuel. During the course of the design, dose assessments indicated the need for remote operation of many of the cask handling operations. Use of robotic equipment was identified as a desirable handling solution that is capable of automating many of the operations to maintain throughput, and sufficiently flexible to handle five or more different storage cask designs in varying numbers on a given day. This paper discusses the facility and the dose assessment leading to this choice, and reviews factors to be considered when choosing robotics or automation. Further, a new computer simulation tool to quantify dose to humans working in radiological environments, the Radiological Environment Modeling System (REMS), is introduced. REMS has been developed to produce a more accurate estimate of dose to radiation workers in new activities with radiological hazards

  12. Analysis of Advanced Fuel Assemblies and Core Designs for the Current and Next Generations of LWRs

    International Nuclear Information System (INIS)

    Ragusa, Jean; Vierow, Karen

    2011-01-01

    The objective of the project is to design and analyze advanced fuel assemblies for use in current and future light water reactors and to assess their ability to reduce the inventory of transuranic elements, while preserving operational safety. The reprocessing of spent nuclear fuel can delay or avoid the need for a second geological repository in the US. Current light water reactor fuel assembly designs under investigation could reduce the plutonium inventory of reprocessed fuel. Nevertheless, these designs are not effective in stabilizing or reducing the inventory of minor actinides. In the course of this project, we developed and analyzed advanced fuel assembly designs with improved thermal transmutation capability regarding transuranic elements and especially minor actinides. These designs will be intended for use in thermal spectrum (e.g., current and future fleet of light water reactors in the US). We investigated various fuel types, namely high burn-up advanced mixed oxides and inert matrix fuels, in various geometrical designs that are compliant with the core internals of current and future light water reactors. Neutronic/thermal hydraulic effects were included. Transmutation efficiency and safety parameters were used to rank and down-select the various designs.

  13. Analysis of Advanced Fuel Assemblies and Core Designs for the Current and Next Generations of LWRs

    Energy Technology Data Exchange (ETDEWEB)

    Ragusa, Jean; Vierow, Karen

    2011-09-01

    The objective of the project is to design and analyze advanced fuel assemblies for use in current and future light water reactors and to assess their ability to reduce the inventory of transuranic elements, while preserving operational safety. The reprocessing of spent nuclear fuel can delay or avoid the need for a second geological repository in the US. Current light water reactor fuel assembly designs under investigation could reduce the plutonium inventory of reprocessed fuel. Nevertheless, these designs are not effective in stabilizing or reducing the inventory of minor actinides. In the course of this project, we developed and analyzed advanced fuel assembly designs with improved thermal transmutation capability regarding transuranic elements and especially minor actinides. These designs will be intended for use in thermal spectrum (e.g., current and future fleet of light water reactors in the US). We investigated various fuel types, namely high burn-up advanced mixed oxides and inert matrix fuels, in various geometrical designs that are compliant with the core internals of current and future light water reactors. Neutronic/thermal hydraulic effects were included. Transmutation efficiency and safety parameters were used to rank and down-select the various designs.

  14. Electricity pricing

    International Nuclear Information System (INIS)

    Wijayatunga, P.D.C.

    1994-01-01

    Electricity pricing in most countries, especially in the developing world, has been determined by traditional accounting criteria where it raises revenue requirements to cover the operating costs and a return on past and future capital investments in possible power systems. The use of economic principles to improve the total economic efficiency in the electricity industry is discussed. Basic marginal cost theory, long run marginal costing (LRMC) cost categories and rating periods, marginal capacity costs, marginal energy costs, consumer costs, short run marginal costing (SRMC), marginal cost of fuel, marginal cost of network losses, market clearing price, value of unserved energy and network quality of supply cost are discussed

  15. Report on the current situation with regard to nuclear fuel and the operations of Svensk Kaernbraenslefoersoerjning AB

    International Nuclear Information System (INIS)

    1982-11-01

    The cost of supplying nuclear fuel, including the reserve stockpile, has averaged about SEK 0.033/kWhe during the report period. Within the sea transportation system, the ship m/s Sigyn was delivered during the month of October. The temporary storage facility for spent fuel, CLAB, is scheduled to be completed at Simpevarp at the beginning of 1985. Licensing applications have been submitted to the appropriate authorities for the construction of a final repository for reactor waste (SFR) in an underground facility to be built in the rock adjacent to the Forsmark nuclear power station. The first outbound shipment from Ringhals under the reprocessing contract between SKBF and COGEMA of France is planned to take place around the start of 1983. Reprocessing will commence in 1985 at the earliest. The uranium (approx. 850 tonnes) and plutonium (approx. 6 tonnes) obtained from reprocessing is Swedish property. Broad and long-range research is currently being conducted in order to further refine the technology and select a site for the final repository, SFL. Efforts are now being concentrated on the final storage of spent fuel without reprocessing. Construction of the repository is scheduled to start in 2010 and operation in 2020. SKBF has been entrusted with the management of the international Stripa project. Pursuant to the new Financing Act, SKBF submitted a report on 30 June of this year to the National Board for Spent Nuclear Fuel (NAK). The report included a cost estimate in 1981 prices for the management and various stages in the back end of the nuclear fuel cycle. The estimate, comes out to SEK 32 billion, which represents about 10percent of the value of the electrical power produced by the nuclear power plants. The Government has decided upon a rate of SEK 0.017/kWhe of electricity generated by nuclear power as the 1982 charge to be paid to the state (NAK). The total cost picture for nuclear fuel (including provision for the costs of decommissioning of nuclear power

  16. Michigan residential No. 2 fuel oil and propane price survey for the 1990/91 heating season

    International Nuclear Information System (INIS)

    1991-10-01

    This report summarizes the results of a survey of home heating oil and propane prices over the 1990/1991 heating season in Michigan. The survey was conducted under a cooperative agreement between the State of Michigan, Michigan Public Service Commission and the US Department of Energy (DOE), Energy Information Administration (EIA), and was funded by a grant from EIA. From October 1990 through May 1991, participating dealers/distributions were called and asked for their current residential retail prices of No. 2 home heating oil and propane. This information was then transmitted to the EIA, bi-monthly using an electronic reporting system called Petroleum Data Reporting Option (PEDRO). The survey was conducted using a sample provided by EIA of home heating oil and propane retailers which supply Michigan households. These retailers were contacted the first and third Mondays of each month. The sample was designed to account for distributors with different sales volumes, geographic distributions and sources of primary supply. It should be noted that this simple is different from the sample used in prior year surveys

  17. Spent fuel management: Current status and prospects 1997. Proceedings of a regular advisory group meeting

    International Nuclear Information System (INIS)

    1998-03-01

    Spent fuel management has always been one of the important stages in the nuclear fuel cycle and it is still most vital problems common to all countries with nuclear reactors. It begins with the discharge of spent fuel from a power or a research reactor and ends with its ultimate disposition. Two options exist - an open, once-through cycle with direct disposal of the spent fuel and a closed cycle with reprocessing of the spent fuel, recycling of reprocessed plutonium and uranium in new mixed oxide fuels and disposal of the radioactive waste. Continuous attention is being given by the IAEA to the collection, analysis and exchange of information on spent fuel management. Its role in this area is to provide a forum for exchanging information and to co-ordinate and to encourage closer co-operation among Member States in certain research and development activities that are of common interest. Spent fuel management is recognized as a high priority IAEA activity. The Regular Advisory Group on Spent Fuel Management was established in 1982. The objective of the Regular Advisory Group is to serve as a means of exchanging information on the current status and progress of national programmes on spent fuel management and to provide advice to the IAEA. The results of the last Regular Advisory Group meeting (9-12 September 1997) are reflected in this report. It gives an overview of the status of spent fuel management programmes in a number of countries, a description of the current status and prospects of activities in this field and recommendations of the participants

  18. Spent fuel management: Current status and prospects 1995. Proceedings of a regular advisory group meeting

    International Nuclear Information System (INIS)

    1996-08-01

    Spent fuel management has always been one of the important stages in the nuclear fuel cycle and it is still one of the most vital problems common to all countries with nuclear reactors. It begins with the discharge of spent fuel from a power or a research reactor and ends with its ultimate disposition, either by direct disposal or by reprocessing of the spent fuel. Two options exist - an open, once-through cycle with direct disposal of the spent fuel and a closed cycle with reprocessing of the spent fuel and recycling of plutonium and uranium in new mixed oxide fuels. The selection of a spent fuel strategy is a complex procedure in which many factors have to be weighed, including political, economic and safeguards issues as well as protection of the environment. This report gives an overview of the status of spent fuel management programmes in a number of countries, a description of the current status and prospects of activities in this field and recommendations of the participants. Refs, figs, tabs

  19. Current disparities in the prices of medical materials between Japan and the United States: further investigation of cardiovascular medical devices.

    Science.gov (United States)

    Yasunaga, Hideo; Ide, Hiroo; Imamura, Tomoaki

    2007-02-01

    Prices of medical devices in Japan were previously reported to be 2 to 4 times higher than those in the United States in 1996 and 1997. However, such data are out of date. We previously compared the market prices in early 2005 between Japan and the US for 16 items in 10 categories of medical materials, and showed that price differences still existed for all these items. However, the number of items investigated was small for each category, and generalization of the results might have been limited. The present study conducted a further investigation into price information for multiple items for each category, focusing on 5 cardiovascular devices. The US market price information was obtained from interviews of a healthcare provider network and 2 different group-purchasing organizations. We could obtain price information on 19 items in 5 categories. We substituted the Japanese reimbursement prices for the Japanese market prices. The price ratio (Japanese reimbursement price / US market price)was 2.0-3.5 for coronary stents, 5.9-6.8 for percutaneous transluminal coronary angioplasty catheters, 2.2-3.5 for pacemakers, 1.6-2.5 for mechanical valves, and 3.4-4.7 for oxygenators. The price disparities for cardiovascular devices between Japan and the US were reconfirmed. Japan's healthcare system should establish group-purchasing organizations, promote centers of clinical excellence, and abolish regulation of parallel imports and protectionism under the Japanese Pharmaceutical Affairs Law.

  20. Spent fuel management in the Republic of Korea: Current status and plans

    International Nuclear Information System (INIS)

    Sang Doug Park

    1998-01-01

    Korea has selected nuclear energy as the major source for the electric power generation due to the insufficiency of energy resources in Korea. in compliance with the policy, Korea Electric Power Corporation (KEPCO) has expanded the nuclear power programme and faced the significant arisings of spent fuel. The interim At Reactor(AR) storage pools have very limited capacities and temporary expansion of this capacity has been taken such as re-racking and dry storage construction. There was a plan, to construct a centralized spent fuel storage facility, which was postponed officially by the government. Under the current situation, it is hard to establish the long-term spent fuel management strategy. 'Wait and See' is no more applicable to Korea. because of storage shortage. Within R and D, dry storage construction and DUPIC fuel cycle are being considered. In this paper, the spent fuel management programme of Korea is briefly reviewed. (author)

  1. The Defect Inspection on the Irradiated Fuel Rod by Eddy Current Test

    International Nuclear Information System (INIS)

    Koo, D. S.; Park, Y. K.; Kim, E. K.

    1996-01-01

    The eddy current test(ECT) probe of differential encircling coil type was designed and fabricated, and the optimum condition of ECT was derived for the examination of the irradiated fuel rod. The correlation between ECT test frequency and phase and amplitude was derived by performing the test of the standard rig that includes inner notches, outer notches and through-holes. The defect of through-hole was predicted by ECT at the G33-N2 fuel rod irradiated in the Kori-1 nuclear power reactor. The metallographic examination on the G33-N2 fuel rod was Performed at the defect location predicted by ECT. The result of metallographic examination for the G33-N2 fuel rod was in good agreement with that of ECT. This proves that the evaluation for integrity of irradiated fuel rod by ECT is reliable

  2. Distributions of carbon pricing on extraction, combustion and consumption of fossil fuels in the global supply-chain

    Science.gov (United States)

    Karstensen, Jonas; Peters, Glen

    2018-01-01

    Pricing carbon is one of the most important tools to reduce emissions and mitigate climate change. Already, about 40 nations have implemented explicit or implicit carbon prices, and a carbon price was explicitly stated as a mitigation strategy by many nations in their emission pledges submitted to the Paris Agreement. The coverage of carbon prices varies significantly between nations though, often only covering a subset of sectors in the economy. We investigate the propagation of carbon prices along the global supply-chain when the carbon price is applied at the point where carbon is removed from the ground (extraction), is combusted (production), or where goods and services are consumed (consumption). We consider both the regional and sectoral effects, and compare the carbon price income and costs relative to economic output. We find that implementation using different accounting systems makes a significant difference to revenues and increased expenditure, and that domestic and global trade plays a significant role in spreading the carbon price between sectors and countries. A few single sectors experience the largest relative price increases (especially electricity and transport), but most of the carbon price is ultimately paid by households for goods and services due to the large expenditure and indirect supply chain impacts. We finally show that a global carbon price will generate a larger share of revenue relative to GDP in non-OECD nations than OECD nations, independent on the point of implementation.

  3. Current Status of World Nuclear Fuel Cycle Technology (II): Japan

    International Nuclear Information System (INIS)

    Jeong, Chang Joon; Ko, Won Il

    2007-06-01

    Japan needs to import around 80% of its energy requirements. In 1966, the first nuclear power plant began operation, nuclear energy has been a national strategic priority since 1973. Currently, 55 reactors provide around 30% of the country's electricity. Japanese energy policy has been conducted by the energy security and minimization of dependence of energy imports. The main factors regarding nuclear power are: - Continue to have nuclear power as a main factor of electricity production. - Recycle uranium and plutonium, and start domestic reprocessing from 2005. - Continue to develop fast breeder reactors to increase uranium utilization. - Promote the nuclear transparency to the public, emphasizing safety and non-proliferation. Also, the prospects of Asia's nuclear energy growth has been reviewed

  4. CNAAA spent fuel complementary storage building (UFC) construction and licensing: an overview of current status

    International Nuclear Information System (INIS)

    Lima Neto, Bertino do Carmo; Pacifi, Cicero Durval

    2013-01-01

    The reprocessing of nuclear fuel assemblies could be a valuable solution in order to make available additional energy resources and also to decrease the volume of discarded materials. After the burning of nuclear fuel assemblies to produce electrical energy, these components have to be stored in the spent fuel pools of each unit, for at least 10 years, in order to decrease their residual heat. Even after this initial 10 year-period, these spent fuel assemblies still have a great amount of energy, which can be reused. Nowadays, the spent fuel materials can be reprocessed in order to produce electrical energy, or be stored to provide, in the future, an opportunity to decide how these materials will be treated. At the present moment, Brazil does not plan to reprocess these spent fuels assemblies, as performed by some other countries. Thus, Brazil intends to build a spent fuel long term intermediate storage facility to allow the chance to make a decision in the future, taking into account the available technology at that time. Considering the three CNAAA units (Angra 1, 2 and 3 of Central Nuclear Almirante Alvaro Alberto, the Brazilian nuclear power plant, located at Angra dos Reis county, Rio de Janeiro state) have a life time estimated in 60 years, and the intrinsical spent fuel pools storage capacity of these units, a Spent Fuel Complementary Storage Building - UFC has to be foreseen in order to increase the storage capacity of CNAAA. Therefore, the Spent Fuel Complementary Storage Building shall be in operation in 2018, capable to receive the first spent fuel assemblies from Angra 2 and, in the next year, from Angra 1. The same procedure will be applied for the spent fuel assemblies of Angra 3, currently in construction. The Spent Fuel Complementary Storage Building will be constructed and operated by Eletrobras Eletronuclear - the CNAAA owner - and will be located at the same site of the plant. Conceptually, the UFC will be built as a wet storage modality

  5. Modeling and control of the output current of a Reformed Methanol Fuel Cell system

    DEFF Research Database (Denmark)

    Justesen, Kristian Kjær; Andreasen, Søren Juhl; Pasupathi, Sivakumar

    2015-01-01

    In this work, a dynamic Matlab SIMULINK model of the relationship between the fuel cell current set point of a Reformed Methanol Fuel Cell system and the output current of the system is developed. The model contains an estimated fuel cell model, based on a polarization curve and assumed first order...... dynamics, as well as a battery model based on an equivalent circuit model and a balance of plant power consumption model. The models are tuned with experimental data and verified using a verification data set. The model is used to develop an output current controller which can control the charge current...... of the battery. The controller is a PI controller with feedforward and anti-windup. The performance of the controller is tested and verified on the physical system....

  6. Fuel for ADS: State-of-the-art, requirements, current and future programmes

    International Nuclear Information System (INIS)

    Gabrielli, F.

    2015-01-01

    Fuels are the cornerstone of research/development programs of accelerator-driven systems for transmuting minor actinides (MA). Compared with the fuels for critical reactors, fuels for ADS are generally U-free to improve the transmutation performance and contain high volumetric concentrations (about 50%) of MA and Pu compounds. Their specific fabrication, reprocessing, design and safety issues are being currently investigated. This paper provides an overview of the current state-of-the-art of the assessment of these innovative fuels. Emphasis has been placed on the main outcomes of the work performed within the Sixth FP EU EUROTRANS Programme, which provided a decisive step forward in improving knowledge on fabrication, properties, and behaviour under irradiation of these challenging fuels. In EUROTRANS, for the ADS application, the focus was on Ceramic-Ceramic (Pu,MA)O 2 + MgO and Ceramic-Metallic (Pu,MA)O 2 + 92 Mo composite fuels, which were recommended for the European Facility for Industrial Transmutation (EFIT). The fuels consist of particles of (Pu,MA)O 2 phases dispersed in a magnesia or molybdenum matrix. Solid nitride (Pu,MA,Zr)O 2 fuels have also been considered as a back-up solution. This paper presents the main experimental results from out-of-pile and in-pile experiments of the Ceramic-Ceramic and Ceramic-Metallic composite fuels as well as related safety assessments. Further, the on-going research and development activities on fuels loaded with large amount of MA will be presented. (author)

  7. Evaluation of plate type fuel elements by eddy current test method

    International Nuclear Information System (INIS)

    Frade, Rangel Teixeira

    2015-01-01

    Plate type fuel elements are used in MTR research nuclear reactors. The fuel plates are manufactured by assembling a briquette containing the fissile material inserted in a frame, with metal plates in both sides of the set, to act as a cladding. This set is rolled under controlled conditions in order to obtain the fuel plate. In Brazil, this type of fuel is manufactured by IPEN and used in the IEA-R1 reactor. After fabrication of three batches of fuel plates, 24 plates, one of them is taken, in order to verify the thickness of the cladding. For this purpose, the plate is sectioned and the thickness measurements are carried out by using optical microscopy. This procedure implies in damage of the plate, with the consequent cost. Besides, the process of sample preparation for optical microscopy analysis is time consuming, it is necessary an infrastructure for handling radioactive materials and there is a generation of radioactive residues during the process. The objective of this study was verify the applicability of eddy current test method for nondestructive measurement of cladding thickness in plate type nuclear fuels, enabling the inspection of all manufactured fuel plates. For this purpose, reference standards, representative of the cladding of the fuel plates, were manufactured using thermomechanical processing conditions similar to those used for plates manufacturing. Due to no availability of fuel plates for performing the experiments, the presence of the plate’s core was simulated using materials with different electrical conductivities, fixed to the thickness reference standards. Probes of eddy current testing were designed and manufactured. They showed high sensitivity to thickness variations, being able to separate small thickness changes. The sensitivity was higher in tests performed on the reference standards and samples without the presence of the materials simulating the core. For examination of the cladding with influence of materials simulating the

  8. Current status of spent fuel management in the Republic of Korea

    International Nuclear Information System (INIS)

    Min, D.K.; You, G.S.; Ro, S.G.; Park, H.S.

    1999-01-01

    Due to the lack of indigenous energy sources in Korea, the government selected nuclear energy as one of the major sources of electricity generation. According to the Korean government programme of a nuclear power development, currently, 14 nuclear power plants (NPPs) are in operation and 4 NPPs are under construction. In addition, further 10 NPPs are planned to be in operation by the year 2015. The large amount of spent fuel discharged from the nuclear power plants is accumulated in at-reactor (AR) storage pools. Due to the limited capacity of these AR storage pools, the safe and economic management of spent fuel is to be resolved. The spent fuel management strategy in Korea, basically depends on the interim storage in wet and dry storage facilities, including expansion of storage capacity. This paper describes the current status and plans of the spent fuel management in Korea. (author)

  9. Current status of the transient integral fuel element performance code URANUS

    International Nuclear Information System (INIS)

    Preusser, T.; Lassmann, K.

    1983-01-01

    To investigate the behavior of fuel pins during normal and off-normal operation, the integral fuel rod code URANUS has been extended to include a transient version. The paper describes the current status of the program system including a presentation of newly developed models for hypothetical accident investigation. The main objective of current development work is to improve the modelling of fuel and clad material behavior during fast transients. URANUS allows detailed analysis of experiments until the onset of strong material transport phenomena. Transient fission gas analysis is carried out due to the coupling with a special version of the LANGZEIT-KURZZEIT-code (KfK). Fuel restructuring and grain growth kinetics models have been improved recently to better characterize pre-experimental steady-state operation; transient models are under development. Extensive verification of the new version has been carried out by comparison with analytical solutions, experimental evidence, and code-to-code evaluation studies. URANUS, with all these improvements, has been successfully applied to difficult fast breeder fuel rod analysis including TOP, LOF, TUCOP, local coolant blockage and specific carbide fuel experiments. Objective of further studies is the description of transient PCMI. It is expected that the results of these developments will contribute significantly to the understanding of fuel element structural behavior during severe transients. (orig.)

  10. Fuel Cell Buses in U.S. Transit Fleets: Current Status 2012

    Energy Technology Data Exchange (ETDEWEB)

    Eudy, L.; Chander, K.; Gikakis, C.

    2012-11-01

    This report is the sixth in an annual series of reports that summarize the progress of fuel cell electric bus (FCEB) development in the United States and discuss the achievements and challenges of introducing fuel cell propulsion in transit. The report also provides a snapshot of current FCEB performance results over the last year. There are 25 active FCEBs in demonstrations this year at eight locations.

  11. Integrity assessment of research reactor fuel cladding and material testing using eddy current inspection

    International Nuclear Information System (INIS)

    Alencar, Donizete Anderson de

    2004-01-01

    A methodology to perform the integrity assessment of research reactors nuclear fuels cladding, such as those installed in IPR-Rl (TRIGA) and IEA-R1 (MTR), using nondestructive electromagnetic inspection (eddy current) is presented. This methodology is constituted by: the development of calibration reference standards, specific for each type of fuel; the development of special test probes; the recommendations for the inspection equipment calibration; the construction of voltage based evaluation curves and the inspection procedures developed for the characterization of detected flaws. The test probes development, specially those designed for the inspection of MTR fuels cladding, which present access difficulties due to the narrow gap between fuel plates (2,89 mm for IEAR-R1), constituted a challenge that demanded the introduction of unusual materials and constructive techniques. The operational performance of the developed resources, as well as the special operative characteristics of the test probes, such as their immunity to adjacent fuel plates interference and electrical resistivity changes of the fuels meat are experimentally demonstrated. The practical applicability of the developed methodology is verified in non radioactive environment, using a dummy MTR fuel element model, similar to an IEA-R1 reactor fuel element, produced and installed in IPEN, Sao Paulo. The efficacy of the proposed methodology was verified by the achieved results. (author)

  12. Pulsed eddy current inspection system for nondestructive examination of irradiated fuel rods

    International Nuclear Information System (INIS)

    Yancey, M.E.

    1979-01-01

    An inspection system has been developed for nondestructive examination of irradiated fuel rods utilizing pulsed eddy current techniques. The system employs an encircling type pulsed eddy current transducer capable of sensing small defects located on both the inner and outer diameter fuel rod surfaces during a single scan. Pulsed eddy current point probes are used to provide fuel rod wall thikness data and an indication of radial defect location. Two linear variable differential transformers are used to provide information on fuel rod diameter variation. A microprocessor based control system is used to automatically scan fuel rods up to 4.06 meters in length at predetermined radial locations. Defects as small as 0.005 cm deep by 0.254 cm long by 0.005 cm wide have been detected on outside diameter surfaces of a 1.43 cm outside diameter fuel rod cladding with a 0.094 cm wall thickness and 0.010 cm deep by 0.254 cm long by 0.005 cm wide on the inside diameter surface

  13. Status and current spent fuel storage practices in the United States

    International Nuclear Information System (INIS)

    Lake, W.H.

    1999-01-01

    Brief discussions are presented on the history and state of spent fuel generation by utilities that comprise the United States commercial nuclear power industry, the current situation regarding the Federal government's nuclear waste policy, and evolving spent fuel storage practices. These evolving spent fuel storage practices are the result of private sector initiatives, but appear to be influenced by various external factors. The paper is not intended to provide a comprehensive appraisal of the storage initiatives being conducted by the private sector. The focus, instead, is on the Federal government's role and activities related to spent fuel management. Although the Federal government has adopted a policy calling for deep geological disposal of spent fuel, the US Congress has recently begun to consider expanding that policy to include a centralized interim storage facility. In the absence of such an expanded policy, the Department of Energy has performed some preliminary activities that would expedite development of a centralized interim storage facility, if Congress were to enact such a policy. The Department's current activities with regard to developing a centralized interim storage facility, which are consistent with the current policy, are described in the paper. The paper also describes two important technical development activities that have been conducted by the Department of Energy to support improved efficiency in spent fuel management. The Department's activities regarding development of a burnup credit methodology, and a dry transfer system are summarized. (author)

  14. Risk and investment in the fuel cell industry

    International Nuclear Information System (INIS)

    Henriques, I.; Sadorsky, P.

    2004-01-01

    The energy industry is one of the building blocks of the new economy. Currently, the global energy industry is going through a transformation from high carbon content fuels like crude oil to less carbon content fuels like natural gas and hydrogen. Fuel cells are the backbone of the hydrogen economy. Advances in fuel cell technology have the potential to improve the living standards of people in all countries. New sources of financial capital, however, remain a problem. In the fuel cell industry, the future of a firm often depends upon the success or failure of a few key products. This tends to make these firms very risky to invest in and, as a result, makes it difficult for these firms to secure financial investment capital. Oil price movements remain one very important source of risk to fuel cell companies. Conventional wisdom suggests that higher oil prices stimulate interest in alternative energy sources like fuel cells and the stock prices of publicly traded fuel cell companies tend to perform well when oil prices are high. Lower oil prices, however, have the opposite effect. Consequently, oil price movements may affect the rates of return of the companies currently in the fuel cell industry. In this paper, we empirically analyze the stock price sensitivity of a sample of fuel cell companies to oil price risk. In particular, we look at both the impact and magnitude of oil price changes on fuel cell stock prices. Both symmetric and asymmetric oil price changes are considered. Our results indicate that oil price risk is not an important source of risk that impacts the equity returns of fuel cell companies. We find that market risk factors are much more important. We then offer suggestions on how to manage this risk. These results are useful for managers, investors, policy makers, and others who are interested in the strategic management, financing and risk management of firms building the hydrogen economy. (author)

  15. An Overview of Current and Past W-UO[2] CERMET Fuel Fabrication Technology

    International Nuclear Information System (INIS)

    Douglas E. Burkes; Daniel M. Wachs; James E. Werner; Steven D. Howe

    2007-01-01

    fuel fabrication technology as related to the GE 710 and ANL Nuclear Rocket Programs, in addition to discussing future plans, viable alternatives and preliminary investigations for W-UO2 CERMET fuel fabrication. The intention of the talk is to provide the brief history and tie in an overview of current programs and investigations as related to NTP based W-UO2 CERMET fuel fabrication, and hopefully peak interest in advanced fuel fabrication technologies

  16. APPLIED OF IMPRESSED CURRENT CATHODIC PROTECTION DESIGN FOR FUEL PIPELINE NETWORK AT NAVAL BASE

    Directory of Open Access Journals (Sweden)

    k. Susilo

    2017-06-01

    Full Text Available Indonesian Navy (TNI AL is the main component for Maritime Security and Defence. Because of that, TNI AL needs Indonesian Warship (KRI to covered Maritime area. The main requirement from KRI is fulfilled by demand. To pock of fuel demand from KRI at Naval Base, it needs a new pipeline of fuel distribution network system. The pipeline network system used for maximum lifetime must be protected from corrosion. Basically, there are five methods of corrosion control such as change to a more suitable material, modification to the environment, use of protective coating, design modification to the system or component, and the application of cathodic or anodic protection. Cathodic protection for pipeline available in two kinds, namely Sacrifice Anode and Impressed Current Cathodic Protection (ICCP. This paper makes analysis from design of Impressed Current Cathodic Protection and total current requirement in the method. This paper showed both experimental from speciment test and theoritical calculation. The result showed that design of Impressed Current Cathodic Protection on fuel distribution pipeline network system requires voltage 33,759 V(DC, protection current 6,6035 A(DC by theoritical calculation and 6,544 A(DC from pipeline specimen test, with 0,25 mpy for corrosion rate. Transformer Rectifier design needs requirements 45 V with 10 A for current. This research result can be made as literature and standardization for Indonesian Navy in designing the Impressed Current Cathodic Protection for fuel distribution pipeline network system.

  17. The use of eddy current testing for nuclear fuel rods cladding evaluation

    International Nuclear Information System (INIS)

    Silva Junior, Silverio F. da; Alencar, Donizete A.; Brito, Mucio Jose D. de

    2007-01-01

    Nuclear fuel rods cladding must be tested after their manufacture and during their operational life. This paper describes a study about the use of eddy current test method as a nondestructive tool for nuclear fuel rods cladding evaluation. The experiments were carried out using two different probes: an external probe and an internal probe. The main goal was to verify the sensitivity of the eddy current test system, to develop calibration and reference standards and to establish the main capabilities and limitations presented by this test method for this application. (author)

  18. Review of Current Criteria of Spent Fuel Rod Integrity during Dry Storage

    International Nuclear Information System (INIS)

    Yang, Yong Sik; Kim, Sun Ki; Bang, Je Geon; Song, Kun Woo

    2006-01-01

    A PWR spent fuel has been stored in a wet storage pool in Korea. However, the amount of spent fuel is expected to exceed the capacity of a wet storage pool within 10∼15 years. From the early 1970's, a research on the PWR spent fuel dry storage started because the dry storage system has been economical compared with the wet storage system. The dry storage technology for Zircaloy-clad fuel was assessed and licensed in many countries such as USA, Canada, FRG and Switzerland. In the dry storage system, a clad temperature may be higher than in the wet storage system and can reach up to 400 .deg.. A higher clad temperature can cause cladding failures during the period of dry storage, and thus a dry storage related research has essentially dealt with the prevention of clad degradation. It is temperature and rod internal pressure that cause cladding failures through the mechanisms such as clad creep rupture, hydride re-orientation, and stress-corrosion cracking etc.. In this paper, the current licensing criteria are summarized for the PWR spent fuel dry storage system, especially on spent fuel rod integrity. And it is investigated that an application propriety of existing criteria to Korea spent fuel dry storage system

  19. Comparison of the Overall Environmental Footprint between Current and Future Nuclear Fuel Cycles

    International Nuclear Information System (INIS)

    Poinssot, Ch.; Bourg, S.; Ouvrier, N.

    2015-01-01

    Full text of publication follows: Nuclear energy is anticipated to be one of the possible energy sources which can allow the production of energy at high load with a high level of reliability without significant impact on the environment. Nowadays, most of the countries have chosen an open fuel cycle which basically considers spent nuclear fuel as a waste, whereas others like France, the United Kingdom, Japan and soon China reprocess their spent fuel to recover the plutonium (and partially U) to produce mixed oxide fuel to be irradiated in a second cycle. In a second step, considering the possibility of fertilising 238 U to 239 Pu in fast reactors, recycling major actinides is thought to be a major improvement towards the global sustainability of the nuclear energy: It will indeed allow the natural resource efficiency to be increased by orders of magnitude by consuming quantitatively the natural uranium resource involved. Driven by the Fukushima accident, nuclear energy is currently questioned about its overall environmental impact and footprint. However, very little information is available on the actual footprint of current and future nuclear systems. In order to bring insights on this issue, a life cycle assessment simulation tool NELCAS was developed based on the French nuclear closed fuel cycle. It allows the calculation of representative key environmental indicators and potential impact indicators for the whole nuclear systems. The very good consistency of the results with the literature data confirms the relevance and robustness of NELCAS. It was subsequently used to derive representative indicators for open and future potential fuel cycles, i.e. mixed GEN3 and GEN4 reactors fleet and full GEN4 reactors fleet. The results demonstrate the very significant improvement brought by the actinides recycling and the future fuel cycle. Most of the indicators are very significantly decreased with the implementation of long-term recycling strategies. This paper will

  20. CANDU fuel sheath integrity and oxide layer thickness determination by Eddy current technique

    International Nuclear Information System (INIS)

    Gheorghe, Gabriela; Man, Ion; Parvan, Marcel; Valeca, Serban

    2010-01-01

    This paper presents results concerning the integrity assessment of the fuel elements cladding and measurements of the oxide layer on sheaths, using the eddy current technique. Flaw detection using eddy current provides information about the integrity of fuel element sheath or presence of defects in the sheath produced by irradiation. The control equipment consists of a flaw detector with eddy currents, operable in the frequency range 10 Hz to 10 MHz, and a differential probe. The calibration of the flaw detector is done using artificial defects (longitudinal, transversal, external and internal notches, bored and unbored holes) obtained on Zircaloy-4 tubes identical to those out of which the sheath of the CANDU fuel element is manufactured (having a diameter of 13.08 mm and a wall thickness of 0.4 mm). When analyzing the behavior of the fuel elements' cladding facing the corrosion is important to know the thickness of the zirconium oxide layer. The calibration of the device measuring the thickness of the oxide layer is done using a Zircaloy-4 tube identical to that which the cladding of the CANDU fuel element is manufactured of, and calibration foils, as well. (authors)

  1. Temperature sensitivity study of eddy current and digital gauge probes for nuclear fuel rod oxide measurement

    Science.gov (United States)

    Beck, Faith R.; Lind, R. Paul; Smith, James A.

    2018-04-01

    Novel fuels are part of the nationwide effort to reduce the enrichment of Uranium for energy production. Performance of such fuels is determined by irradiating their surfaces. To test irradiated samples, the instrumentation must operate remotely. The plate checker used in this experiment at Idaho National Lab (INL) performs non-destructive testing on fuel rod and plate geometries with two different types of sensors: eddy current and digital thickness gauges. The sensors measure oxide growth and total sample thickness on research fuels, respectively. Sensor measurement accuracy is crucial because even 10 microns of error is significant when determining the viability of an experimental fuel. One parameter known to affect the eddy current and thickness gauge sensors is temperature. Since both sensor accuracies depend on the ambient temperature of the system, the plate checker has been characterized for these sensitivities. The manufacturer of the digital gauge probes has noted a rather large coefficient of thermal expansion for their linear scale. It should also be noted that the accuracy of the digital gauge probes are specified at 20°C, which is approximately 7°C cooler than the average hot-cell temperature. In this work, the effect of temperature on the eddy current and digital gauge probes is studied, and thickness measurements are given as empirical functions of temperature.

  2. Price determination for hydrogen produced from bio-ethanol in Argentina

    International Nuclear Information System (INIS)

    Gregorini, V.A.; Pasquevich, D.; Laborde, M.

    2010-01-01

    A massive penetration for hydrogen as a fuel vector requires a price reduction against fossil fuels (up to lower or at less equal to current prices). That is why it is important to calculate the current prices, so that we can determinate the gap between them and work in reducing them. In order to follow properly prices evolution it is necessary been able to compare data generated by Universities, Laboratories and Industries. So that, DOE creates in 2003 a tool (H2A) to determine prices for hydrogen, with some assumptions and pre defined values, to facilitate transparency and consistency of data. In this work we will use the H2A tool to calculate de price of hydrogen produced in a bio-ethanol semi-industrial Plant in Argentina, and we will compare it with the prices of USA studies. (author)

  3. In-use vs. type-approval fuel consumption of current passenger cars in Europe

    International Nuclear Information System (INIS)

    Ntziachristos, L.; Mellios, G.; Tsokolis, D.; Keller, M.; Hausberger, S.; Ligterink, N.E.; Dilara, P.

    2014-01-01

    In-use fuel consumption data of 924 passenger cars (611 petrol, 313 diesel) were collected from various European sources and were evaluated in comparison to their corresponding type-approval values. The analysis indicated that the average in-use fuel consumption was higher than the type-approval one by 11% for petrol cars and 16% for diesel cars. Comparison of this dataset with the Travelcard database in the Netherlands showed that the deviation increased for late model years and in particular for cars with low type-approval values. The deviation was higher than 60% for vehicles registered in 2012 within the 90–100 gCO 2 /km bin. Unrealistic vehicle resistances used in type-approval were identified as one of the prime reasons of the difference. A simplified linear model developed in the study may be used to predict in-use fuel consumption based on data publicly available. The model utilizes the fuel consumption measured in type-approval, the mass, and the engine capacity to provide in-use fuel consumption. This may be either used to correct fuel consumption factors currently utilized by emission models (e.g. COPERT, HBEFA, VERSIT+, and others) or could be used independently to make projections on how fuel consumption may develop on the basis of changing future passenger cars characteristics. - Highlights: • In-use fuel consumption of petrol and diesel passenger cars is 11% and 16% higher than type-approval, respectively. • The relative difference between in-use and type-approval increases for late model and vehicles with low consumption. • Unrealistically low vehicle resistances are identified as a prime reason of low type-approval fuel consumption. • A model developed predicts in-use consumption on the basis of type-approval consumption, vehicle mass, and engine capacity

  4. Development of a Direct Methanol Fuel Cell with Lightweight Disc Type Current Collectors

    Directory of Open Access Journals (Sweden)

    Yean-Der Kuan

    2014-05-01

    Full Text Available The direct methanol fuel cell (DMFC adopts methanol solution as a fuel suitable for low power portable applications. A miniature, lightweight, passive air-breathing design is therefore desired. This paper presents a novel planar disc-type DMFC with multiple cells containing a novel developed lightweight current collector at both the anode and cathode sides. The present lightweight current collector adopts FR4 Glass/Epoxy as the substrate with the current collecting areas located at the corresponding membrane electrolyte assembly (MEA areas. The current collecting areas are fabricated by sequentially coating a corrosion resistant layer and electrical conduction layer via the thermal evaporation technique. The anode current collector has carved flow channels for fuel transport and production. The cathode current collector has drilled holes for passive air breathing. In order to ensure feasibility in the present concept a 3-cell prototype DMFC module with lightweight disc type current collectors is designed and constructed. Experiments were conducted to measure the cell performance. The results show that the highest cell power output is 54.88 mW·cm−2 and successfully demonstrate the feasibility of this novel design.

  5. Factors affecting seasonal gas prices: Analysis of trends and R and D implications. Final report, November 1990-February 1992

    International Nuclear Information System (INIS)

    Denhardt, R.C.

    1992-02-01

    Three economic factors were identified which influence the seasonality of gas prices: fuel switching, storage, and utilization of wellhead deliverability. Also, contract structures will have an influence on the seasonality of natural gas prices. Increases in the utilization of wellhead deliverability tends to increase the seasonality of gas prices. Price-induced fuel switching capability is too small to significantly influence the seasonality of gas prices. If there is adequate deliverability, the cost of interruptible storage, including carry cost, will place a ceiling on the seasonability of gas prices. This cost is about $.70 per MMBtu. If deliverability tightens, then the cost of firm storage or producer shut-ins will place a ceiling on gas prices. The ceiling would range from $1.00 to $1.20 per MMBtu. There is concern about whether the current market structure will provide for a smooth return to full cycle pricing. The current premiums for new contracts are inadequate to achieve this objective

  6. Current State of Technology of Fuel Cell Power Systems for Autonomous Underwater Vehicles

    Directory of Open Access Journals (Sweden)

    Alejandro Mendez

    2014-07-01

    Full Text Available Autonomous Underwater Vehicles (AUVs are vehicles that are primarily used to accomplish oceanographic research data collection and auxiliary offshore tasks. At the present time, they are usually powered by lithium-ion secondary batteries, which have insufficient specific energies. In order for this technology to achieve a mature state, increased endurance is required. Fuel cell power systems have been identified as an effective means to achieve this endurance but no implementation in a commercial device has yet been realized. This paper summarizes the current state of development of the technology in this field of research. First, the most adequate type of fuel cell for this application is discussed. The prototypes and design concepts of AUVs powered by fuel cells which have been developed in the last few years are described. Possible commercial and experimental fuel cell stack options are analyzed, examining solutions adopted in the analogous aerial vehicle applications, as well as the underwater ones, to see if integration in an AUV is feasible. Current solutions in oxygen and hydrogen storage systems are overviewed and energy density is objectively compared between battery power systems and fuel cell power systems for AUVs. A couple of system configuration solutions are described including the necessary lithium-ion battery hybrid system. Finally, some closing remarks on the future of this technology are given.

  7. Extrapolating power-ramp performance criteria for current and advanced CANDU fuels

    Energy Technology Data Exchange (ETDEWEB)

    Tayal, M.; Chassie, G.G

    2000-06-01

    To improve the precision and accuracy of power-ramp performance criteria for high-burnup fuel, we have examined in-reactor fuel performance data as well as out-reactor test data. The data are consistent with some of the concepts used in the current formulations for defining fuel failure thresholds, such as size of power-ramp and extent of burnup. Our review indicates that there is a need to modify some other aspects of the current formulations; therefore, a modified formulation is presented in this paper. The improvements mainly concern corrodent concentration and its relationships with threshold stress for failure. The new formulation is consistent with known and expected trends such as strength of Zircaloy in corrosive environment, timing of the release of fission products to the pellet-to-sheath gap, CANLUB coating, and fuel burnup. Because of the increased precision and accuracy, the new formulation is better able to identify operational regimes that are at risk of power-ramp failures; this predictive ability provides enhanced protection to fuel against power-ramp defects. At die same time, by removing unnecessary conservatisms in other areas, the new formulation permits a greater range of defect-free operational envelope as well as larger operating margins in regions that are, in fact, not prone to power-ramp failures. (author)

  8. High conversion Th-U{sup 233} fuel assembly for current generation of PWRs

    Energy Technology Data Exchange (ETDEWEB)

    Baldova, D.; Fridman, E. [Reactor Safety Div., Helmholtz-Zentrum Dresden-Rossendorf, POB 510119, Dresden, 01314 (Germany)

    2012-07-01

    This paper presents a preliminary design of a high conversion Th-U{sup 233} fuel assembly applicable for current generation of Pressurized Water Reactor (PWRs). The considered fuel assembly has a typical 17 x 17 PWR lattice. However in order to increase the conversion of Th{sup 232} to U{sup 233}, the assembly was subdivided into the two regions called seed and blanket. The central seed region has a higher than blanket U{sup 233} content and acts as a neutron source for the peripheral blanket region. The latest acts as a U{sup 233} breeder. While the seed fuel pins have a standard dimensions the blanket fuel radius was increased in order to reduce the moderation and to facilitate the resonance neutron absorption in blanket Th{sup 232}. The U{sup 233} content in the seed and blanket regions was optimized to achieve maximal initial to discharged fissile inventory ratio (FIR) taking into account the target fuel cycle length of 12 months with 3-batch reloading scheme. In this study the neutronic calculations were performed on the fuel assembly level using Helios deterministic lattice transport code. The fuel cycle length and the core k{sub eff} were estimated by applying the Non Linear Reactivity Model. The applicability of the HELIOS code for the analysis of the Th-based high conversion designs was confirmed with the help of continuous-energy Monte-Carlo code SERPENT. The results of optimization studies show that for the heterogeneous seed and blanket (SB) fuel assembly the FIR of about 0.95 can be achieved. (authors)

  9. Behavior of households equipped with fuel oil heating facing the petroleum price sudden increase in 2000; Le comportement des menages equipes de chauffage au fioul face a la brutale augmentation du prix du petrole en 2000

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2001-07-01

    This paper analyses the public attitudes facing the sudden increase of the fuel oil increase during the year 2000. This increase has got a great impact on the households equipped with fuel oil heating. The households adapted their strategy to obtain the best prices, to defer the deliveries or to reduce energy consumption by a improve of the heating performances. (A.L.B.)

  10. New empirical generalizations on the determinants of price elasticity

    NARCIS (Netherlands)

    Bijmolt, THA; Van Heerde, HJ; Pieters, RGM

    The importance of pricing decisions for firms has fueled an extensive stream of research on price elasticities. In an influential meta-analytical study, Tellis (1988) summarized price elasticity research findings until 1986. However, empirical generalizations on price elasticity require

  11. Report of the Select Committee on Petroleum Product Pricing

    International Nuclear Information System (INIS)

    Dooks, B.

    2004-01-01

    An all-party Committee of the House of Legislative Assembly of Nova Scotia was established to investigate the pricing of petroleum products such as gasoline and home heating fuel. The Committee conducted public hearings in Halifax, Yarmouth, Bridgewater, Sydney, and Truro, in order to seek input from consumers, producers, suppliers and operators. The mandate of the Select Committee on Petroleum Product Pricing was to investigate the supply and pricing of fuels, including gasoline and home heating oil and to determine whether current prices are justified and fair. This investigation included an examination of the reasons for the current level of product prices; product supply; reasons for volatility in product prices; the rationale for differences in prices across different regions of the province; factors that affect the viability of low volume outlets in the rural and urban marketplace; factors that affect the viability of independent retail operators in the province; and, any evidence of predatory pricing practices at the wholesale and retail levels of the market. The Select Committee also made recommendations related to fair and reasonable product prices at the consumer level, retail and wholesale margins, as well as other actions that may be required to correct imbalances in the distribution and sales of these products to consumers in the province. 8 appendices

  12. Nondestructive examination of irradiated fuel rods by pulsed eddy current techniques

    International Nuclear Information System (INIS)

    Francis, W.C.; Quapp, W.J.; Martin, M.R.; Gibson, G.W.

    1976-02-01

    A number of fuel rods and unfueled zircaloy cladding tubes which had been irradiated in the Saxton reactor have undergone extensive nondestructive and corroborative destructive examinations by Aerojet Nuclear Company as part of the Water Reactor Safety Research Program, Irradiation Effects Test Series. This report discusses the pulsed eddy current (PEC) nondestructive examinations on the fuel rods and tubing and the metallography results on two fuel rods and one irradiated zircaloy tube. The PEC equipment, designed jointly by Argonne National Laboratory and Aerojet, performed very satisfactorily the functions of diameter, profile, and wall thickness measurements and OD and ID surface defect detection. The destructive examination provided reasonably good confirmation of ''defects'' detected in the nondestructive examination

  13. Experimental Irradiations of Materials and Fuels in the BR2 Reactor: An Overview of Current Programmes

    International Nuclear Information System (INIS)

    Van Dyck, S.; Koonen, E.; Verwerft, M.; Wéber, M.

    2013-01-01

    The BR2 material test reactor offers a variety of experimental irradiation possibilities for testing of materials, fuels and instruments. The current paper gives an overview of the recent and ongoing programmes in order to illustrate the experimental potential of the reactor. Three domains of applications are reviewed: Irradiation of materials and fuels for pressurised water reactors (PWR); irradiation of materials for accelerator driven systems (ADS), cooled by liquid lead alloys; and irradiation of fuel for Material Test Reactors (MTR). For PWR relevant tests, a dedicated loop is available, providing a full simulation of the thermo hydraulic conditions of a PWR. ADS related tests require particular control of the irradiation environment and the necessary safety precautions in order to avoid 210 Po contamination. In-core mechanical testing of materials is done in comparison and complimentarily to post-irradiation examinations in order to assess flux related effects on the deformation behaviour of materials. (author)

  14. Eddy current and ultrasonic fuel channel inspection at Karachi Nuclear Power Plant

    International Nuclear Information System (INIS)

    Mayo, W.R.; Alam, M.M.

    1997-01-01

    In November of 1993 and in-service inspection was performed on eight fuel channels in the Karachi Nuclear Power Plant (KANUPP) reactor. The workscope included ultrasonic and eddy current volumetric examinations, and eddy current measurement of pressure-to calandria tube gap. This paper briefly discusses the planning strategy of the ultrasonic and eddy current examinations, and describes the equipment developed to meet the requirements, followed by details of the actual channel inspection campaign. The presented nondestructive examinations assisted in determining fitness for service of KANUPP reactor channels in general, and confirmed that the problems associated with channel G12 were not generic in nature. (author)

  15. Neutron radiography characterization of an operating proton exchange membrane fuel cell with localized current distribution measurements

    International Nuclear Information System (INIS)

    Gagliardo, J.J.; Owejan, J.P.; Trabold, T.A.; Tighe, T.W.

    2009-01-01

    Neutron radiography has proven to be a powerful tool to study and understand the effects of liquid water in an operating fuel cell. In the present work, this experimental method is coupled with locally resolved current and ohmic resistance measurements, giving additional insight into water management and fuel cell performance under a variety of conditions. The effects of varying the inlet humidification level and the current density of the 50 cm 2 cell are studied by simultaneously monitoring electrochemical performance with a 10x10 matrix of current sensors, and liquid water volumes are measured using the National Institute of Standards and Technology (NIST) neutron imaging facility. A counter flow, straight channel proton exchange membrane (PEM) fuel cell is used to demonstrate localized performance loss corresponds to water-filled channels that impede gas transport to the catalyst layer, thereby creating an area that has low current density. Furthermore, certain operating conditions causing excess water accumulation in the channels can result in localized proton resistance increase, a result that can only be accurately observed with combined radiography and distributed electrochemical measurements.

  16. Current density distribution mapping in PEM fuel cells as an instrument for operational measurements

    Energy Technology Data Exchange (ETDEWEB)

    Geske, M.; Heuer, M.; Heideck, G.; Styczynski, Z. A. [Otto-von-Guericke University Magdeburg, Chair Electric Power Networks and Renewable Energy Sources, Magdeburg (Germany)

    2010-07-01

    A newly developed measurement system for current density distribution mapping has enabled a new approach for operational measurements in proton exchange membrane fuel cells (PEMFC). Taking into account previously constructed measurement systems, a method based on a multi layer printed circuit board was chosen for the development of the new system. This type of system consists of a sensor, a special electronic device and the control and visualization PC. For the acquisition of the current density distribution values, a sensor device was designed and installed within a multilayer printed circuit board with integrated shunt resistors. Varying shunt values can be taken into consideration with a newly developed and evaluated calibration method. The sensor device was integrated in a PEM fuel cell stack to prove the functionality of the whole measurement system. A software application was implemented to visualize and save the measurement values. Its functionality was verified by operational measurements within a PEMFC system. Measurement accuracy and possible negative reactions of the sensor device during PEMFC operation are discussed in detail in this paper. The developed system enables operational measurements for different operating phases of PEM fuel cells. Additionally, this can be seen as a basis for new opportunities of optimization for fuel cell design and operation modes. (author)

  17. Current Density Distribution Mapping in PEM Fuel Cells as An Instrument for Operational Measurements

    Directory of Open Access Journals (Sweden)

    Martin Geske

    2010-04-01

    Full Text Available A newly developed measurement system for current density distribution mapping has enabled a new approach for operational measurements in proton exchange membrane fuel cells (PEMFC. Taking into account previously constructed measurement systems, a method based on a multi layer printed circuit board was chosen for the development of the new system. This type of system consists of a sensor, a special electronic device and the control and visualization PC. For the acquisition of the current density distribution values, a sensor device was designed and installed within a multilayer printed circuit board with integrated shunt resistors. Varying shunt values can be taken into consideration with a newly developed and evaluated calibration method. The sensor device was integrated in a PEM fuel cell stack to prove the functionality of the whole measurement system. A software application was implemented to visualize and save the measurement values. Its functionality was verified by operational measurements within a PEMFC system. Measurement accuracy and possible negative reactions of the sensor device during PEMFC operation are discussed in detail in this paper. The developed system enables operational measurements for different operating phases of PEM fuel cells. Additionally, this can be seen as a basis for new opportunities of optimization for fuel cell design and operation modes.

  18. Eddy current examination of the nuclear fuel elements of IPR-R1 research reactor

    International Nuclear Information System (INIS)

    Silva, Roger F.; Frade, Rangel T.; Oliveira, Paulo F.; Silva, Marlucio A.; Silva Junior, Silverio F.

    2015-01-01

    Tubes of AISI 304 stainless steel as well as tubes of Aluminum 1100-F are used as cladding of the fuel elements of TRIGA MARK 1 nuclear research reactor. Usually, these tubes are periodically inspected by means of visual test and sipping test. The visual test allows the detection of changes occurred at the external fuel elements surface, such as those promoted by corrosion processes. However, this test method cannot be used for detection of internal discontinuities at the tube walls. Sipping test allows the detection of fuel elements in which the cladding has failed, but it is not able to determine the place where the discontinuity is located. In turn, eddy current testing, an electromagnetic nondestructive test method, allows the detection of discontinuities and monitoring their growth. In this paper, a study about the use of eddy current testing for detection and characterization of discontinuities in the fuel elements cladding is proposed. The study involves the development of probes able to operate in underwater inspections, the design and manufacture of reference standards and the development of a test methodology to perform the evaluations. (author)

  19. Eddy current examination of the nuclear fuel elements of IPR-R1 research reactor

    Energy Technology Data Exchange (ETDEWEB)

    Silva, Roger F.; Frade, Rangel T.; Oliveira, Paulo F.; Silva, Marlucio A.; Silva Junior, Silverio F., E-mail: rfs@cdtn.br, E-mail: rtf@cdtn.br, E-mail: pfo@cdtn.br, E-mail: mas@cdtn.br, E-mail: silvasf@cdtn.br [Centro de Desenvolvimento da Tecnologia Nuclear (CDTN/CNEN-MG), Belo Horizonte, MG (Brazil)

    2015-07-01

    Tubes of AISI 304 stainless steel as well as tubes of Aluminum 1100-F are used as cladding of the fuel elements of TRIGA MARK 1 nuclear research reactor. Usually, these tubes are periodically inspected by means of visual test and sipping test. The visual test allows the detection of changes occurred at the external fuel elements surface, such as those promoted by corrosion processes. However, this test method cannot be used for detection of internal discontinuities at the tube walls. Sipping test allows the detection of fuel elements in which the cladding has failed, but it is not able to determine the place where the discontinuity is located. In turn, eddy current testing, an electromagnetic nondestructive test method, allows the detection of discontinuities and monitoring their growth. In this paper, a study about the use of eddy current testing for detection and characterization of discontinuities in the fuel elements cladding is proposed. The study involves the development of probes able to operate in underwater inspections, the design and manufacture of reference standards and the development of a test methodology to perform the evaluations. (author)

  20. The Swedish wood fuel market

    International Nuclear Information System (INIS)

    Hillring, Bengt

    1999-01-01

    In Sweden, wood fuels are traditionally used in the Swedish forest products industry and for heating of single-family houses. More recently they are also become established as an energy source for district heating and electricity production. Energy policy, especially the energy taxation system, has favoured wood fuels and other biofuels, mainly for environmental reasons. There is now an established commercial market for wood fuels in the district heating sector, which amounts to 45 PJ and is growing 20 per cent annually. Price levels have been stable in current prices for a decade, mainly because of good access to wood fuels. Price levels are dominated by production costs on a market that is largely governed by the buyer. It is expected that the use of wood fuels will increased in Sweden in the future, which will push a further development of this section on the market and bring about technological changes in the area. (Author)

  1. Dutch house price fundamentals

    NARCIS (Netherlands)

    Haffner, M.E.A.; de Vries, P.

    2009-01-01

    This paper discusses house price developments in the Netherlands, specifically focussing on the question whether current house prices in the Dutch owner-occupied market are likely to decrease. We analyse three aspects of the question based on a literature review: (1) whether there is a house price

  2. Automated eddy-current installation AVD-01 for detecting flaws in fuel element cans

    International Nuclear Information System (INIS)

    Varvaritsa, V.P.; Martishchenko, L.G.; Popov, V.K.; Romanov, M.L.; Shlepnev, I.O.; Shmatok, V.P.

    1986-01-01

    This paper describes an automated installation for eddy-current flaw detection in thin-walled pipes with small diameter; its unified transport system makes it possible to use the installation in inspection lines and production lines of fuel elements. The article describes the structural diagrams of the installation and presents the results of investigations connected with the selection for establishing the optimum regimes and sensitivity of feedthrough transducers with focusing screens

  3. Current price guided use of combined cycle power plants with heat extraction using the example of the combined cycle Tiefstack

    International Nuclear Information System (INIS)

    Sieck, Jan; Hagen, Ralf

    2015-01-01

    The sale of electricity at the European Power Exchange in the DayAhead auction contains a certain economic risk, if the electricity is produced with gas fired CHP plants. This risk is due to a low price level connected with a relatively high price volatility. An auction strategy, using block orders, including the use of smart blocks is a possible way to minimize economic risk. Such a strategy is presented in this paper, using the example of the auction strategy for the CCGT Tiefstack. As the CCGT Tiefstack is part of the district heating system of the city Hamburg, this system is described as well as the technical constraints of the CCGT.

  4. Dimensional measurements and eddy currents control of the sheath integrity for a set of irradiated candu fuel elements

    International Nuclear Information System (INIS)

    Gheorghe, G.; Man, I.

    2015-01-01

    During irradiation in the nuclear reactor, fuel elements undergo dimensional and structural changes, and changes of sheath surface condition as well, which can lead to damages and even loss of integrity. This paper presents the results of dimensional measurements and of examination technique with eddy currents for three fuel elements of an irradiated CANDU fuel bundle. One of the fuel elements (FE), which is studied in detail, presented a crack about 40 mm long. The purpose of these nondestructive examination techniques is to determine those parameters that characterize the behavior and performance of nuclear fuel operation. This paper contains images of defects and interpretations of the causes of their occurrence. (authors)

  5. The influence of the switch from fossil fuels to solar and wind energy on the electricity prices in Germany

    NARCIS (Netherlands)

    A.B. Dorsman (Andre); A. Khoshrou (Abdolrahman); E.J. Pauwels (Eric)

    2016-01-01

    textabstractGermany is actively pursuing a switch from fossil fuel to renewables, the so-called Energiewende (energy transition). Due to the fact that the supply of wind and solar energy is less predictable than the supply of fossil fuel, stabilizing the grid has become more challenging. On sunny

  6. Stochastic modeling of the energy supply system with uncertain fuel price – A case of emerging technologies for distributed power generation

    International Nuclear Information System (INIS)

    Mirkhani, Sh.; Saboohi, Y.

    2012-01-01

    Highlights: ► An existing bottom-up deterministic energy system model (ESM) has limited capability in handling the uncertainties. ► Uncertainty has been modeled based on GBM. Probabilistic scenarios are generated based on Cox–Ross method. ► A multistage stochastic model has been developed where scenarios are integrated in the energy system model. ► A distributed generation system has been introduced as a case study where fuel price is considered as an uncertain parameter. - Abstract: A deterministic energy supply model with bottom-up structure has limited capability in handling the uncertainties. To enhance the applicability of such a model in an uncertain environment two main issues have been investigated in the present paper. First, a binomial lattice is generated based on the stochastic nature of the source of uncertainty. Second, an energy system model (ESM) has been reformulated as a multistage stochastic problem. The result of the application of the modified energy model encompasses all uncertain outcomes together and enables optimal timing of capacity expansion. The performance of the model has been demonstrated with the help of a case study. The case study has been formulated on the assumption that a gas fired engine competes with renewable energy technologies in an uncertain environment where the price of natural gas is volatile. The result of stochastic model has then been compared with those of a deterministic model by studying the expected value of perfect information (EVPI) and the value of stochastic solution (VSS). Finally the results of the sensitivity analysis have been discussed where the characteristics of uncertainty of the price of fuel are varied.

  7. Economic evaluation of fast reactor fuel cycling

    International Nuclear Information System (INIS)

    Hu Ping; Zhao Fuyu; Yan Zhou; Li Chong

    2012-01-01

    Economic calculation and analysis of two kinds of nuclear fuel cycle are conducted by check off method, based on the nuclear fuel cycling process and model for fast reactor power plant, and comparison is carried out for the economy of fast reactor fuel cycle and PWR once-through fuel cycle. Calculated based on the current price level, the economy of PWR one-through fuel cycle is better than that of the fast reactor fuel cycle. However, in the long term considering the rising of the natural uranium's price and the development of the post treatment technology for nuclear fuels, the cost of the fast reactor fuel cycle is expected to match or lower than that of the PWR once-through fuel cycle. (authors)

  8. Fuel-coolant interaction (FCI) phenomena in reactor safety. Current understanding and future research needs

    Energy Technology Data Exchange (ETDEWEB)

    Speis, T.P. [Maryland Univ., College Park, MD (United States); Basu, S.

    1998-01-01

    This paper gives an account of the current understanding of fuel-coolant interaction (FCI) phenomena in the context of reactor safety. With increased emphasis on accident management and with emerging in-vessel core melt retention strategies for advanced light water reactor (ALWR) designs, recent interest in FCI has broadened to include an evaluation of potential threats to the integrity of reactor vessel lower head and ex-vessel structural support, as well as the role of FCI in debris quenching and coolability. The current understanding of FCI with regard to these issues is discussed, and future research needs to address the issues from a risk perspective are identified. (author)

  9. Transition period fuel cycle from current to next generation reactors for Japan

    International Nuclear Information System (INIS)

    Yamashita, Junichi; Fukasawa, Tetsuo; Hoshino, Kuniyoshi; Kawamura, Fumio; Shiina, Kouji; Sasahira, Akira

    2007-01-01

    Long-term energy security and global warming prevention can be achieved by a sustainable electricity supply with next generation fast breeder reactors (FBRs). Current light water reactors (LWRs) will be replaced by FBRs and FBR cycle will be established in the future considering the limited amount of uranium (U) resource. The introduction of FBRs requires plutonium (Pu) recovered from LWR spent fuel. The authors propose advanced system named Flexible Fuel Cycle Initiative (FFCI)' which can supply enough Pu and hold no surplus Pu, can respond flexibly the future technical and social uncertainties, and can achieve an economical FBR cycle. FFCI can simplify the 2nd LWR reprocessing facility for Japan (after Rokkasho Reprocessing Plant) which only carries out U removal from LWR spent fuel. Residual 'Recycle Material' is, according to FBRs introduction status, immediately treated in the FBR reprocessing to fabricate FBR fuel or temporarily stored for the utilization in FBRs at necessary timing. FFCI has high flexibility by having several options for future uncertainties by the introduction of Recycle Material as a buffer material between LWR and FBR cycles. (author)

  10. Bulk Fuel Pricing: DOD Needs to Reevaluate Its Approach to Better Manage the Effect of Market Fluctuations

    Science.gov (United States)

    2014-07-01

    depression in the price of WTI was a result of rapid growth in U.S. and Canadian oil production, which overwhelmed the transportation infrastructure...additional information. Connect with GAO on Facebook, Flickr, Twitter, and YouTube . Subscribe to our RSS Feeds or E-mail Updates. Listen to our

  11. Projections of the energy prices

    International Nuclear Information System (INIS)

    Jankauskas, V.

    1996-01-01

    This article deals with the trends of the main fuel prices development in the Western European markets. There are two possible price development scenarios presented in the article. Transportation costs of various internationally traded fuels from various sources (Russia, Western Europe) are estimated and their most feasible values are considered. Fuel prices for the final big consumers are calculated adding the domestic distribution costs. Trends of heat and electricity price development in Lithuania during the period of 1991-1995 are analyzed. Forecasts of the electricity generation and supply costs are calculated according to various scenarios. Electricity prices will be lowest in the case of the further operation of the Ignalina NPP and low fuel prices in international markets. (author). 8 refs., 14 figs., 4 tabs

  12. Development of an air-breathing direct methanol fuel cell with the cathode shutter current collectors

    Energy Technology Data Exchange (ETDEWEB)

    Zhang, Yufeng; Liu, Xiaowei [Key Laboratory of Micro-Systems and Micro-Structures Manufacturing, Ministry of Education, Harbin 150001 (China); MEMS Center, Harbin Institute of Technology, Harbin 150001 (China); Zhang, Peng; Zhang, Bo; Li, Jianmin; Deng, Huichao [MEMS Center, Harbin Institute of Technology, Harbin 150001 (China)

    2010-06-15

    An air-breathing direct methanol fuel cell with a novel cathode shutter current collector is fabricated to develop the power sources for consumer electronic devices. Compared with the conventional circular cathode current collector, the shutter one improves the oxygen consumption and mass transport. The anode and cathode current collectors are made of stainless steel using thermal stamping die process. Moreover, an encapsulation method using the tailor-made clamps is designed to assemble the current collectors and MEA for distributing the stress of the edges and inside uniformly. It is observed that the maximum power density of the air-breathing DMFC operating with 1 M methanol solution achieves 19.7 mW/cm{sup 2} at room temperature. Based on the individual DMFCs, the air-breathing stack consisting of 36 DMFC units is achieved and applied to power a notebook computer. (author)

  13. Experimental Investigation of a Direct Methanol Fuel Cell with Hilbert Fractal Current Collectors

    Directory of Open Access Journals (Sweden)

    Jing-Yi Chang

    2014-01-01

    Full Text Available The Hilbert curve is a continuous type of fractal space-filling curve. This fractal curve visits every point in a square grid with a size of 2×2, 4×4, or any other power of two. This paper presents Hilbert fractal curve application to direct methanol fuel cell (DMFC current collectors. The current collectors are carved following first, second, and third order Hilbert fractal curves. These curves give the current collectors different free open ratios and opening perimeters. We conducted an experimental investigation into DMFC performance as a function of the free open ratio and opening perimeter on the bipolar plates. Nyquist plots of the bipolar plates are made and compared using electrochemical impedance spectroscopy (EIS experiments to understand the phenomena in depth. The results obtained in this paper could be a good reference for future current collector design.

  14. The necessity of improvement for the current LWR fuel assembly homogenization method

    International Nuclear Information System (INIS)

    Tang Chuntao; Huang Hao; Zhang Shaohong

    2007-01-01

    When the modern LWR core analysis method is used to do core nuclear design and in-core fuel management calculation, how to accurately obtain the fuel assembly homogenized parameters is a crucial issue. In this paper, taking the NEA C5G7-MOX benchmark problem as a severe test problem, which involves low-enriched uranium assemblies interspersed with MOX assemblies, we have re-examined the applicability of the two major assumptions of the modern equivalence theory for fuel assembly homoge- nization, i.e. the isolated assembly spatial spectrum assumption and the condensed two- group representation assumption. Numerical results have demonstrated that for LWR cores with strong spectrum interaction, both of these two assumptions are no longer applicable and the improvement for the homogenization method is necessary, the current two-group representation should be improved by the multigroup representation and the current reflective assembly boundary condition should be improved by the 'real' assembly boundary condition. This is a research project supported by National Natural Science Foundation of China (10605016). (authors)

  15. Eddy current detection of spacers in the fuel channels of CANDU nuclear reactors

    International Nuclear Information System (INIS)

    Krause, T.W.; Schankula, J.; Sullivan, S.P.

    2002-01-01

    Garter Spring (GS) spacers in the fuel channels of CANDU nuclear reactors maintain separation between the hot pressure tube and surrounding moderator cooled calandria tube. Eddy current detection of the four GSs provides assurance that spacers are at or close to design positions and are performing their intended function of maintaining a non-zero gap between pressure tube and calandria tube. Pressure tube constrictions, resulting from relatively less diametral creep at end-of-fuel bundle locations, also produce large eddy current signals. Large constrictions, present in higher service pressure tubes, can produce signals that are 10 times larger than GS signals, reducing GS detectability to 30% in standard GS-detect probes. The introduction of field-focussing elements into the design of the standard GS detection eddy current probe has been used to recover the detectability of GS spacers by increasing the signal amplitude obtained from GSs relative to that from constrictions by a factor of 10. The work presented here compares laboratory, modelling and in-reactor measurements of GS and constriction signals obtained from the standard probe with that obtained from field-focussed eddy current probe designs. (author)

  16. Does a Change in Price of Fuel Affect GDP Growth? An Examination of the U.S. Data from 1950–2013

    Directory of Open Access Journals (Sweden)

    Michael Aucott

    2014-10-01

    Full Text Available We examined data on fuel consumption and costs for the years 1950 through 2013, along with economic and population data, to determine the percent of U.S. gross domestic product (GDP spent each year on fuels, including fossil fuels and nuclear ore, and the growth of the economy. We found that these variables are inversely correlated. This suggests that the availability and cost of energy is a significant determinant of economic performance. We believe this relation is consistent with analyses based on the energy return on investment (EROI concept in that increasingly scarce, and hence expensive, fuels are a drag on economic growth. The best-fitting linear equation relating the percent of GDP (energy cost share and year-over-year (YoY GDP change variables suggests that a threshold exists in the vicinity of 4%; if the percent of GDP spent on fuels is greater than this, poorer economic performance has been likely. Currently, about 5% of GDP is spent on fuels; most of this is for liquids. Continued weak economic performance appears likely unless improvements in energy efficiency, on the order of a factor of 3 for liquid fuels, and/or a more rapid adoption of renewable or nuclear energy sources can be achieved, provided that the EROI of these new sources proves to be sufficiently high.

  17. Pengaruh Debt to Equty Ratio, Current Ratio , Net Profit Margin Terhadap Harga Saham dengan Price Earning Ratio Sebagai Variabel Pemoderasi pada Perusahaan Manufaktur yang Terdaftar di BEI Periode 2012-2014

    OpenAIRE

    Theresia, Paskah Lia

    2017-01-01

    This study conducted to analyze the effect of variable Debt to Equity Ratio (DER), Current Ratio (CR), Net Profit Margin (NPM) andPrice Earnings Ratio (PER) to the Stock Prices with Price Earnings Ratio (PER) as an moderating variable on companies listed on Indonesian Stock Exchange from 2012 - 2014.The samplingtechnique used is purposive sampling and number of samples used by 23 companies. The analysis technique used are Descriptive Statistic Analysis, Classical Assumption Test, Hypothesis T...

  18. Understanding energy loss in parallelly connected microbial fuel cells: Non-Faradaic current.

    Science.gov (United States)

    An, Junyeong; Sim, Junyoung; Feng, Yujie; Lee, Hyung-Sool

    2016-03-01

    In this work, the mechanisms of energy loss in parallel connection of microbial fuel cells (MFCs) is explored using two MFC units producing different open circuit voltage (OCV) and current. In open circuit mode, non-Faradaic current flows in low OCV unit, implying energy loss caused by different OCVs in parallelly stacked MFCs. In a stacked MFC in parallel under close circuit mode, it is confirmed that energy loss occurs until the working voltage in high OCV unit becomes identical to the other unit having low OCV. This result indicates that different voltage between individual MFC units can cause energy loss due to both non-Faradic and Faradaic current that flow from high voltage unit to low voltage unit even in parallelly stacked MFCs. Copyright © 2015 Elsevier Ltd. All rights reserved.

  19. Copper current collectors reduce long-term fouling of air cathodes in microbial fuel cells

    KAUST Repository

    Myung, Jaewook; Yang, Wulin; Saikaly, Pascal; Logan, Bruce E

    2018-01-01

    Long-term operation of wastewater-fed, microbial fuel cells (MFCs) with cathodes made of activated carbon and stainless steel (SS) current collectors can result in decreased performance due to cathode fouling. Copper has good antimicrobial properties, and it is more electrically conductive than SS. To demonstrate that a copper current collector could produce a more fouling resistant cathode, MFCs with air cathodes using either SS or copper current collectors were operated using domestic wastewater for 27 weeks. The reduction in biofouling over time was shown by less biofilm formation on the copper cathode surface compared to SS cathodes, due to the antimicrobial properties of copper. Maximum power densities from 17–27 weeks were 440 ± 38 mW/m2 using copper and 370 ± 21 mW/m2 using SS cathodes. The main difference in the microbial community was a nitrifying community on the SS cathodes, which was not present on the copper cathodes.

  20. Copper current collectors reduce long-term fouling of air cathodes in microbial fuel cells

    KAUST Repository

    Myung, Jaewook

    2018-02-05

    Long-term operation of wastewater-fed, microbial fuel cells (MFCs) with cathodes made of activated carbon and stainless steel (SS) current collectors can result in decreased performance due to cathode fouling. Copper has good antimicrobial properties, and it is more electrically conductive than SS. To demonstrate that a copper current collector could produce a more fouling resistant cathode, MFCs with air cathodes using either SS or copper current collectors were operated using domestic wastewater for 27 weeks. The reduction in biofouling over time was shown by less biofilm formation on the copper cathode surface compared to SS cathodes, due to the antimicrobial properties of copper. Maximum power densities from 17–27 weeks were 440 ± 38 mW/m2 using copper and 370 ± 21 mW/m2 using SS cathodes. The main difference in the microbial community was a nitrifying community on the SS cathodes, which was not present on the copper cathodes.

  1. Cathode Assessment for Maximizing Current Generation in Microbial Fuel Cells Utilizing Bioethanol Effluent as Substrate

    DEFF Research Database (Denmark)

    Sun, Guotao; Thygesen, Anders; Meyer, Anne S.

    2016-01-01

    Implementation of microbial fuel cells (MFCs) for electricity production requires effective current generation from waste products via robust cathode reduction. Three cathode types using dissolved oxygen cathodes (DOCs), ferricyanide cathodes (FeCs) and air cathodes (AiCs) were therefore assessed...... to be the most sustainable option since it does not require ferricyanide. The data offer a new add-on option to the straw biorefinery by using bioethanol effluent for microbial electricity production....... using bioethanol effluent, containing 20.5 g/L xylose, 1.8 g/L arabinose and 2.5 g/L propionic acid. In each set-up the anode and cathode had an electrode surface area of 88 cm(2), which was used for calculation of the current density. Electricity generation was evaluated by quantifying current...

  2. Nondestructive testing of PWR type fuel rods by eddy currents and metrology in the OSIRIS reactor pool

    International Nuclear Information System (INIS)

    Faure, M.; Marchand, L.

    1985-02-01

    The Saclay Reactor Department has developed a nondestructive test bench, now installed above channel 1 of the OSIRIS reactor. As part of investigations into the dynamics of PWR fuel degradation, a number of fuel rods underwent metrological and eddy current inspection, after irradiation [fr

  3. Analysis of Gas Leakage and Current Loss of Solid Oxide Fuel Cells by Screen Printing

    DEFF Research Database (Denmark)

    Jia, Chuan; Han, Minfang; Chen, Ming

    2017-01-01

    Two types of anode supported solid oxide fuel cell (SOFC) NiO-YSZ/YSZ/GDC/LSCF with the same structure and different manufacturing process were tested. Gas leakage was suspected for cells manufactured with screen printing technique. Effective leak current densities for both types of cells were...... calculated. Their performances of electrochemical impedance spectroscopy (EIS) were compared and distribution function of relaxation times (DRT) technique was also used to find the clue of gas leakage. Finally, thinning and penetrating holes were observed in electrolyte layer, which confirmed the occurrence...

  4. A new soft switched push pull current fed converter for fuel cell applications

    International Nuclear Information System (INIS)

    Delshad, Majid; Farzanehfard, Hosein

    2011-01-01

    In this paper a new zero voltage switching current fed push pull dc-dc converter is proposed for fuel cell generation system. The auxiliary circuit in this converter, not only absorbs the voltage surge across the switches at turn off instance, but also provides zero voltage switching condition for all converter switches. Therefore, the converter efficiency is increased and size and weight of the converter can be decreased. Also implementation of control circuit is very simple since the converter is PWM controlled. In this paper, the proposed dc-dc converter operating modes are analyzed and to verify the converter operation a laboratory prototype is implemented and the experimental results are presented.

  5. Port pricing : principles, structure and models

    OpenAIRE

    Meersman, Hilde; Strandenes, Siri Pettersen; Van de Voorde, Eddy

    2014-01-01

    Price level and price transparency are input to shippers’ choice of supply chain and transport mode. In this paper, we analyse current port pricing structures in the light of the pricing literature and consider opportunities for improvement. We present a detailed overview of pricing criteria, who sets prices and who ultimately foots the bill for port-of-call charges, cargo-handling fees and congestion charges. Current port pricing practice is based on a rather linear structure and fails to in...

  6. Distribution of the Current Density in Electrolyte of the Pem Fuel Cell

    Directory of Open Access Journals (Sweden)

    Eugeniusz Kurgan

    2004-01-01

    Full Text Available In this paper water management in proton exchange membrane (PEM fuel cell is considered. Firt mass convervation law for water is applied. Next proton transport is described by the Nernst-Planck equation and liqid water convection velocity is eliminated by the Schlogl equation. Electro-osmotic drag coefficient is related to hydrogen index and experimentally determined swelling coefficient. Three partial differential equations for molar water concentration Cw, electric potential ϕ and water pressure Pw are formulated. Current density vector i is derived from proton flux expression. These equations together with adequate boundary conditions were solved using finite element method. The distribution of electric potential and current density in function of geometrical parametres is investigated. At the end some illustrative example is given.

  7. Recent and current activities of the OECD/NEA Working Group on Fuel Safety (NEA/CSNI). Recent and Current Activities of the Working Group on Fuel Safety (NEA/CSNI)

    International Nuclear Information System (INIS)

    Petit, Marc

    2013-01-01

    The Working Group on Fuel Safety (WGFS) is part of the Committee on the Safety of Nuclear Installations (CSNI) of the Nuclear Energy Agency and has the main mission of advancing the current understanding and addressing fuel safety issues. Recent and current activities of the working group have addressed mainly the loss of coolant accident (LOCA), the reactivity initiated accident (RIA), the fuel safety criteria and leaking fuel issues, as well as Fukushima-related fuel topics. In the area of LOCA, the group issued different documents, the most notable being a very comprehensive state of the art report [NEA/CSNI/R (2009)15]. Regarding RIA, some documents were finalised and issued in the recent years, as well as a state of the art report [NEA/CSNI/R (2010)1]. The question of leaking fuel and how it is handled in the reactors is an activity that is just starting. Of particular interest to people developing new fuel concepts is the Nuclear Fuel Safety Criteria Technical Review - Second Edition [NEA/CSNI/R (2012)3]. This document provides a broad overview of the numerous criteria used in the NEA member countries to demonstrate to safe use of fuel in light water reactors. The WGFS has started discussions about fuel related issues raised by the Fukushima accident, in particular, hydrogen production. New concepts have been proposed to solve these issues but it appears that these concepts will need to go through a long qualification process to assess their adequacy for the different situations considered in the evaluation of fuel safety, from normal operation to accident conditions

  8. Energy price risk management

    International Nuclear Information System (INIS)

    Evans, J.W.G.

    1998-01-01

    While long term, fixed price contracts for fuel procurement and export of excess power may lock in the economics of a CHP plant, these do not necessarily give the best pricing opportunities that may exist during the life of those contracts. A more prudent approach may be to vary the length of the contracts and markets are now developing in gas and electricity to assist in the management of such a portfolio. (Author)

  9. An introduction to current modeling techniques in nuclear fuel performance analysis

    International Nuclear Information System (INIS)

    Faya, S.C.S.

    1981-10-01

    An overview of several important phenomena considered in fuel performance analysis, such as fuel restructuring, fuel swelling, fission gas release, pellet cracking, etc... are provided. All these phenomena are independent. For the purpose of illustration of integral fuel rod analysis the LIFE-1 computer code is discussed. (Author) [pt

  10. High Penetrated Wind Farm Impacts on the Electricity Price

    DEFF Research Database (Denmark)

    Haji Bashi, Mazaher; Yousefi, G. R.; Bak, Claus Leth

    2016-01-01

    of the high penetrated wind farm integration into electricity markets. Then, stochastic programming approach is employed to compare the volume of trades for a typical wind farm in a high and low wind penetrated market. Although increasing price spikes and volatility was reported in the literature......Energy trading policies, intermittency of wind farm output power, low marginal cost of the production, are the key factors that cause the wind farms to be effective on the electricity price. In this paper, the Danish electricity market is studied as a part of Nord Pool. Considering the completely...... fossil fuel free overview in Danish energy policies, and the currently great share of wind power (more than 100% for some hours) in supplying the load, it is an interesting benchmark for the future electricity markets. Negative prices, price spikes, and price volatility are considered as the main effects...

  11. Robust low frequency current ripple elimination algorithm for grid-connected fuel cell systems with power balancing technique

    Energy Technology Data Exchange (ETDEWEB)

    Kim, Jong-Soo; Choe, Gyu-Yeong; Lee, Byoung-Kuk [School of Information and Communication Engineering, Sungkyunkwan University, 300 Cheoncheon-dong, Jangan-gu, Suwon, Gyeonggi-do 440-746 (Korea, Republic of); Kang, Hyun-Soo [R and D Center, Advanced Drive Technology (ADT) Company, 689-26 Geumjeong-dong, Gunpo-si, Gyeonggi-do 435-862 (Korea, Republic of)

    2011-05-15

    The low frequency current ripple in grid-connected fuel cell systems is generated from dc-ac inverter operation, which generates 60 Hz fundamental component, and gives harmful effects on fuel cell stack itself, such as making cathode surface responses slower, causing an increase of more than 10% in the fuel consumption, creating oxygen starvation, causing a reduction in the operating lifetime, and incurring a nuisance tripping such as overload situation. With these reasons, low frequency current ripple makes fuel cell system unstable and lifetime of fuel cell stack itself short. This paper presents a fast and robust control algorithm to eliminate low frequency current ripple in grid-connected fuel cell systems. Compared with the conventional methods, in the proposed control algorithm, dc link voltage controller is shifted from dc-dc converter to dc-ac inverter, resulting that dc-ac inverter handles dc link voltage control and output current control simultaneously with help of power balancing technique. The results indicate that the proposed algorithm can not only completely eliminate current ripple but also significantly reduce the overshoot or undershoot during transient states without any extra hardware. The validity of the proposed algorithm is verified by computer simulations and also by experiments with a 1 kW laboratory prototype. (author)

  12. Nuclear fuel for NPPs: current status and main trends of development

    International Nuclear Information System (INIS)

    Molchanov, V.

    2013-01-01

    The customer’s main requirements to nuclear fuel at the present day are: to provide high performance of operational reliability of fuel; to uprate NPP’s capacity to the level of more than 100% from the designed one; to increase fuel cycle length; to increase the burnup of the fuel; to introduce load-follow mode at NPPs. To achieve this requirements the following TVEL activities are presented: New FA designs; Modern designing methods; New automated technologies of nuclear fuel fabrication; Driving to Zero Failure; Increase in safety and reliability of operation; Increase in economical efficiency of fuel utilization; Decrease in amount of spent fuel

  13. Adaptation to high current using low external resistances eliminates power overshoot in microbial fuel cells

    KAUST Repository

    Hong, Yiying

    2011-10-01

    One form of power overshoot commonly observed with mixed culture microbial fuel cells (MFCs) is doubling back of the power density curve at higher current densities, but the reasons for this type of overshoot have not been well explored. To investigate this, MFCs were acclimated to different external resistances, producing a range of anode potentials and current densities. Power overshoot was observed for reactors acclimated to higher (500 and 5000. Ω) but not lower (5 and 50. Ω) resistances. Acclimation of the high external resistance reactors for a few cycles to low external resistance (5. Ω), and therefore higher current densities, eliminated power overshoot. MFCs initially acclimated to low external resistances exhibited both higher current in cyclic voltammograms (CVs) and higher levels of redox activity over a broader range of anode potentials (-0.4 to 0. V; vs. a Ag/AgCl electrode) based on first derivative cyclic voltammetry (DCV) plots. Reactors acclimated to higher external resistances produced lower current in CVs, exhibited lower redox activity over a narrower anode potential range (-0.4 to -0.2. V vs. Ag/AgCl), and failed to produce higher currents above ∼-0.3. V (vs. Ag/AgCl). After the higher resistance reactors were acclimated to the lowest resistance they also exhibited similar CV and DCV profiles. Our findings show that to avoid overshoot, prior to the polarization and power density tests the anode biofilm must adapt to low external resistances to be capable of higher currents. © 2011 Elsevier B.V.

  14. Current perceptions of spent nuclear fuel behavior in water pool storage

    International Nuclear Information System (INIS)

    Johnson, A.B. Jr.

    1977-06-01

    A survey was conducted of a cross section of U.S. and Canadian fuel storage pool operators to define the spent fuel behavior and to establish the range of pool storage environments. There is no evidence for significant corrosion degradation. Fuel handling causes only minimal damage. Most fuel bundles with defects generally are stored without special procedures. Successful fuel storage up to 18 years with benign water chemistry has been demonstrated. 2 tables

  15. Can Retail Selling Prices of Petrol and Diesel Trigger Inflation in Malaysia?

    Directory of Open Access Journals (Sweden)

    Shaari Mohd Shahidan

    2018-01-01

    Full Text Available Previously, many studies explored the effects of oil price on inflation by using the price of crude oil as the proxy of oil price. The novelty of this current study is that it used several types of fuel prices including RON95, RON97 and Diesel. This study employed the ARDL approach and analysed the monthly data from 2010 to 2015 in Malaysia. The result shows that there are significant effects of the price of RON95, RON97 and diesel on inflation in the long run in Malaysia. However, in the short run, the price of RON97 does not affect inflation while the prices of RON95 and diesel do affect inflation in Malaysia.

  16. Canadian natural gas market dynamics and pricing : an update

    International Nuclear Information System (INIS)

    2002-10-01

    This energy market assessment (EMA) report discusses natural gas price formation and describes the current functioning of regional gas markets in Canada. This EMA also describes the factors affecting the price of natural gas in Canada and examines natural gas markets on a region-by region basis. It is shown that as part of an integrated North American market, prices of natural gas in Canada reflect supply and demand factors in both Canada and the United States. During the low oil price period of 1997/1998, high demand for natural gas outpaced the supply because of low drilling and production activity by producers. In response to the increased demand and lower levels of supply, the price of natural gas increased significantly in 1999 and 2000. This was followed by a period of market adjustment. The importance of electronic trading systems for enhancing price discovery was also discussed with reference to how spot and futures markets allow market participants to manage price volatility. It was determined that Canadians have had access to natural gas on terms and conditions equal to export customers, and at equal pricing. In early November 2000, natural gas prices in North American began to rise due to low levels of natural gas in storage. The price shocks were felt unevenly across the North American market. In response to the high prices, consumers conserved energy use, and many industrial users switched to cheaper fuels. By the spring 2001, demand continued to decrease at a time when production was high. These factors contributed to the downward pressure on gas prices. This EMA discusses the structure of market transactions and market adjustment mechanisms. It is presented in the context of the approaching 2002/2003 winter season where the tightening between natural gas supply and demand is expected to result in price volatility. 28 figs

  17. An electricity price model with consideration to load and gas price effects.

    Science.gov (United States)

    Huang, Min-xiang; Tao, Xiao-hu; Han, Zhen-xiang

    2003-01-01

    Some characteristics of the electricity load and prices are studied, and the relationship between electricity prices and gas (fuel) prices is analyzed in this paper. Because electricity prices are strongly dependent on load and gas prices, the authors constructed a model for electricity prices based on the effects of these two factors; and used the Geometric Mean Reversion Brownian Motion (GMRBM) model to describe the electricity load process, and a Geometric Brownian Motion(GBM) model to describe the gas prices; deduced the price stochastic process model based on the above load model and gas price model. This paper also presents methods for parameters estimation, and proposes some methods to solve the model.

  18. Current status of materials development of nuclear fuel cladding tubes for light water reactors

    Energy Technology Data Exchange (ETDEWEB)

    Duan, Zhengang, E-mail: duan_zg@imr.tohoku.ac.jp [Department of Quantum Science and Energy Engineering, Graduate School of Engineering, Tohoku University, Sendai, Miyagi 980-8577 (Japan); Yang, Huilong [Department of Nuclear Engineering, School of Engineering, The University of Tokyo, Nakagun, Ibaraki 319-1188 (Japan); Satoh, Yuhki [Institute for Materials Research, Tohoku University, Sendai, Miyagi 980-8577 (Japan); Murakami, Kenta; Kano, Sho; Zhao, Zishou; Shen, Jingjie [Department of Nuclear Engineering, School of Engineering, The University of Tokyo, Nakagun, Ibaraki 319-1188 (Japan); Abe, Hiroaki, E-mail: abe.hiroaki@n.t.u-tokyo.ac.jp [Department of Nuclear Engineering, School of Engineering, The University of Tokyo, Nakagun, Ibaraki 319-1188 (Japan)

    2017-05-15

    Zirconium-based (Zr-based) alloys have been widely used as materials for the key components in light water reactors (LWRs), such as fuel claddings which suffer from waterside corrosion, hydrogen uptakes and strength loss at elevated temperature, especially during accident scenarios like the lost-of-coolant accident (LOCA). For the purpose of providing a safer, nuclear leakage resistant and economically viable LWRs, three general approaches have been proposed so far to develop the accident tolerant fuel (ATF) claddings: optimization of metallurgical composition and processing of Zr-based alloys, coatings on existing Zr-based alloys and replacement of current Zr-based alloys. In this manuscript, an attempt has been made to systematically present the historic development of Zr-based cladding, including the impacts of alloying elements on the material properties. Subsequently, the research investigations on coating layer on the surface of Zr-based claddings, mainly referring coating materials and fabrication methods, have been broadly reviewed. The last section of this review provides the introduction to alternative materials (Non-Zr) to Zr-based alloys for LWRs, such as advanced steels, Mo-based, and SiC-based materials.

  19. Current status of materials development of nuclear fuel cladding tubes for light water reactors

    International Nuclear Information System (INIS)

    Duan, Zhengang; Yang, Huilong; Satoh, Yuhki; Murakami, Kenta; Kano, Sho; Zhao, Zishou; Shen, Jingjie; Abe, Hiroaki

    2017-01-01

    Zirconium-based (Zr-based) alloys have been widely used as materials for the key components in light water reactors (LWRs), such as fuel claddings which suffer from waterside corrosion, hydrogen uptakes and strength loss at elevated temperature, especially during accident scenarios like the lost-of-coolant accident (LOCA). For the purpose of providing a safer, nuclear leakage resistant and economically viable LWRs, three general approaches have been proposed so far to develop the accident tolerant fuel (ATF) claddings: optimization of metallurgical composition and processing of Zr-based alloys, coatings on existing Zr-based alloys and replacement of current Zr-based alloys. In this manuscript, an attempt has been made to systematically present the historic development of Zr-based cladding, including the impacts of alloying elements on the material properties. Subsequently, the research investigations on coating layer on the surface of Zr-based claddings, mainly referring coating materials and fabrication methods, have been broadly reviewed. The last section of this review provides the introduction to alternative materials (Non-Zr) to Zr-based alloys for LWRs, such as advanced steels, Mo-based, and SiC-based materials.

  20. The IAEA international project on innovative nuclear reactors and fuel cycles (INPRO): current and future activities

    International Nuclear Information System (INIS)

    Kupitz, J.; Depisch, F.; Kuznetsov, V.

    2004-01-01

    Upon resolutions of the IAEA General Conference in 2000, the IAEA initiated International Project on Innovative Nuclear Reactors and Fuel Cycles (INPRO). The objective of INPRO, which comprises two phases, is to support sustainable deployment and use of nuclear technology to meet the global energy needs in the next 50 years and beyond. During Phase I, work is subdivided into two sub phases. Phase 1A focused on determining user requirements in the areas of economics, environment, safety, proliferation resistance, and recommendations in the area of so-called crosscutting issues, which are legal, institutional, and infrastructure issues accompanying the deployment of nuclear power, and is targeted at developing a methodology and guidelines for the assessment of various nuclear reactor and fuel cycle concepts and approaches. Phase 1A was finalised in June 2003 with its results now available as IAEA TECDOC-1362. Phase 1B has started in July 2003. During this phase interested Member States are performing case studies to validate the INPRO methodology and, later on, to assess selected innovative nuclear energy systems using the updated INPRO methodology. In accordance with the INPRO Terms of Reference, after successful completion of Phase I, Phase II may be initiated to examine the feasibility of commencing international projects on innovative nuclear energy systems. The paper contains a description of the current and future activities of INPRO and summarizes the outcome of the project.(author)

  1. Natural gas prices

    International Nuclear Information System (INIS)

    Johnson, W.A.

    1990-01-01

    Since the 1970s, many electric utilities and industrial boiler fuel users have invested in dual fuel use capability which has allowed them to choose between natural gas, residual fuel oil, and in some instances, coal as boiler fuels. The immediate reason for this investment was the need for security of supply. Wellhead regulation of natural gas prices had resulted in shortages during the 1970s. Because many industrial users were given lowest priority in pipeline curtailments, these shortages affected most severely boiler fuel consumption of natural gas. In addition, foreign supply disruptions during the 1970s called into question the ready availability of oil. Many boiler fuel users of oil responded by increasing their ability to diversify to other sources of energy. Even though widespread investment in dual fuel use capability by boiler fuel users was initially motivated by a need for security of supply, perhaps the most important consequence of this investment was greater substitutability between natural gas and resid and a more competitive boiler fuel market. By the early 1980s, most boiler fuel users were able to switch from one fuel to another and often did for savings measured in pennies per MMBtu. Boiler fuel consumption became the marginal use of both natural gas and resid, with coal a looming threat on the horizon to both fuels

  2. Price fairness

    OpenAIRE

    Diller, Hermann

    2013-01-01

    Purpose – The purpose of this article is to integrate the various strands of fair price research into a concise conceptual model. Design/methodology/approach – The proposed price fairness model is based on a review of the fair pricing literature, incorporating research reported in not only English but also German. Findings – The proposed fair price model depicts seven components of a fair price: distributive fairness, consistent behaviour, personal respect and regard for the partner, fair dea...

  3. MATHEMATICAL MODELING OF THE ELECTRIC CURRENT GENERATION IN A MICROBIAL FUEL CELL INOCULATED WITH MARINE SEDIMENT

    Directory of Open Access Journals (Sweden)

    J. T. Teleken

    Full Text Available Abstract Microbial fuel cells (MFC are electrochemical devices that utilize the ability of some microorganisms to oxidize organic matter and transfer electrons resulting from their metabolism to an insoluble acceptor. The goal of the present study was to model the kinetics of electrical current generation from an MFC inoculated with marine sediment. For this purpose, a differential equation system was used, including the Nernst-Monod relationship and Ohm's Law, to describe the microbial metabolism and the mechanism of extracellular electron transfer (EET, respectively. The experimental data obtained by cyclic voltammetry analysis were properly described by the model. It was concluded that marine microorganisms preferably use a direct mechanism of EET by means of nanowires to establish the electrochemical contact with the anode. The mathematical modeling could help understand MFC operation and, consequently, contribute to improving power generation from this source.

  4. Current status of hybrid, battery and fuel cell electric vehicles: From electrochemistry to market prospects

    International Nuclear Information System (INIS)

    Pollet, Bruno G.; Staffell, Iain; Shang, Jin Lei

    2012-01-01

    Decarbonising transport is proving to be one of today's major challenges for the global automotive industry due to many factors such as the increase in greenhouse gas and particulate emissions affecting not only the climate but also humans, the increase in pollution, rapid oil depletion, issues with energy security and dependency from foreign sources and population growth. For more than a century, our society has been dependent upon oil, and major breakthroughs in low- and ultra-low carbon technologies and vehicles are urgently required. This review paper highlights the current status of hybrid, battery and fuel cell electric vehicles from an electrochemical and market point of view. The review paper also discusses the advantages and disadvantages of using each technology in the automotive industry and the impact of these technologies on consumers.

  5. Combined local current distribution measurements and high resolution neutron radiography of operating direct methanol fuel cells

    Energy Technology Data Exchange (ETDEWEB)

    Schroeder, Alexander; Wippermann, Klaus [Forschungszentrum Juelich GmbH (Germany). Inst. of Energy Research, IEF-3: Fuel Cells; Sanders, Tilman [RWTH Aachen (DE). Inst. for Power Electronics and Electrical Drives (ISEA); Arlt, Tobias [Helmholtz Centre Berlin (Germany). Inst. for Applied Materials

    2010-07-01

    Neutron radiography allows the investigation of the local fluid distribution in direct methanol fuel cells (DMFCs) under operating conditions. Spatial resolutions in the order of some tens of micrometers at the full test cell area are achieved. This offers the possibility to study practice-oriented, large stack cells with an active area of several hundred cm{sup 2} as well as specially designed, small test cells with an area of some cm{sup 2}. Combined studies of high resolution neutron radiography and segmented cell measurements are especially valuable, because they enable a correlation of local fluid distribution and local performance [1, 2]. The knowledge of this interdependency is essential to optimise the water management and performance respecting a homogeneous fluid, current and temperature distribution and to achieve high performance and durability of DMFCs. (orig.)

  6. The effect of flavin electron shuttles in microbial fuel cells current production

    Energy Technology Data Exchange (ETDEWEB)

    Velasquez-Orta, Sharon B. [Newcastle Univ., Newcastle upon Tyne (United Kingdom). School of Civil Engineering and Geosciences; Newcastle Univ., Newcastle upon Tyne (United Kingdom). School of Chemical Engineering and Advanced Materials; Head, Ian M.; Curtis, Thomas P. [Newcastle Univ., Newcastle upon Tyne (United Kingdom). School of Civil Engineering and Geosciences; Scott, Keith [Newcastle Univ., Newcastle upon Tyne (United Kingdom). School of Chemical Engineering and Advanced Materials; Lloyd, Jonathan R.; Canstein, Harald von [Manchester Univ. (United Kingdom). School of Earth, Atmospheric and Environmental Sciences

    2010-02-15

    The effect of electron shuttles on electron transfer to microbial fuel cell (MFC) anodes was studied in systems where direct contact with the anode was precluded. MFCs were inoculated with Shewanella cells, and flavins used as the electron shuttling compound. In MFCs with no added electron shuttles, flavin concentrations monitored in the MFCs' bulk liquid increased continuously with FMN as the predominant flavin. The maximum concentrations were 0.6 {mu}M for flavin mononucleotide and 0.2 {mu}M for riboflavin. In MFCs with added flavins, micro-molar concentrations were shown to increase current and power output. The peak current was at least four times higher in MFCs with high concentrations of flavins (4.5-5.5 {mu}M) than in MFCs with low concentrations (0.2-0.6 {mu}M). Although high power outputs (around 150 mW/m{sup 2}) were achieved in MFCs with high concentrations of flavins, a Clostridium-like bacterium along with other reactor limitations affected overall coulombic efficiencies (CE) obtained, achieving a maximum CE of 13%. Electron shuttle compounds (flavins) permitted bacteria to utilise a remote electron acceptor (anode) that was not accessible to the cells allowing current production until the electron donor (lactate) was consumed. (orig.)

  7. Natural gas pricing reform in China: Getting closer to a market system?

    International Nuclear Information System (INIS)

    Paltsev, Sergey; Zhang, Danwei

    2015-01-01

    Recent policy in China targets an increase in the contribution of natural gas to the nation's energy supply. Historically, China's natural gas prices have been highly regulated with a goal to protect consumers. The old pricing regime failed to provide enough incentives for natural gas suppliers, which often resulted in natural gas shortage. A new gas pricing reform was tested in Guangdong and Guangxi provinces in 2011, and introduced nationwide in 2013. The reform is aimed at creating a more market-based pricing mechanism. We show that a substantial progress toward a better predictability and transparency of prices has been made. The prices are now more connected with the international fuel oil and liquid petroleum gas prices. The government's approach for a temporary two-tier pricing when some volumes are still traded at old prices reduced a potential opposition during the new regime implementation. Some limitations of the natural gas pricing remain as it created biased incentives for producers and favors large natural gas suppliers. The pricing reform at its current stage falls short of establishing a complete market mechanism driven by an interaction of supply and demand of natural gas in China. - Highlights: • China's reform of natural gas pricing is in effect nationwide from 2013. • Prices are now connected to international fuel oil and liquid petroleum gas prices. • The reform benefits domestic producers and importers of natural gas. • There are still price distortions between industrial and residential sector. • The reform needs to create a system where both supply and demand are considered.

  8. Impact of electric range and fossil fuel price level on the economics of plug-in hybrid vehicles and greenhouse gas abatement costs

    International Nuclear Information System (INIS)

    Özdemir, Enver Doruk; Hartmann, Niklas

    2012-01-01

    In this paper, the energy consumption shares of plug-in hybrid vehicles (PHEVs) for electricity from the grid and conventional fuel depending on electric driving range are estimated. The resulting mobility costs and greenhouse gas (GHG) abatement costs per vehicle kilometer for the year 2030 are calculated and optimal electric driving range (which indicates the size of the battery) is found for different oil price levels with the help of a MATLAB based model for a typical compact passenger car (e.g. VW Golf). The results show that the optimum electric driving range for minimum mobility costs of a PHEV is between 12 and 32 km. Furthermore, optimum GHG abatement costs are achieved with an electric driving range between 16 and 23 km. These results are considerable lower than most market ready PHEVs (electric driving range of 50 to 100 km), which shows that the automobile industry should concentrate on shorter electric driving range for PHEVs in the near future to offer cost optimum mobility and low GHG abatement costs. However, the oil price level and the consumer driving habits impact heavily on the cost performance as well as the optimum electric driving range of plug-in hybrid vehicles. - Highlights: ► We analyze the energy consumption (and share of grid electricity) of plug-in hybrid vehicles. ► We analyzed the mobility costs and GHG abatement costs depending on electric driving range. ► Mobility costs of plug-in hybrid vehicles can be lower than those of conventional diesel vehicles in 2030. ► The optimum mobility costs are achieved with the electric driving range between 12 and 32 km. ► The optimum GHG abatement costs are achieved with the electric driving range between 16 and 23 km.

  9. Fuel Cell Buses in U.S. Transit Fleets : Current Status 2014

    Science.gov (United States)

    2014-12-03

    This report, published annually, summarizes the progress of fuel cell electric bus (FCEB) development in the United States and discusses the achievements and challenges of introducing fuel cell propulsion in transit. Various stakeholders, including d...

  10. Fuel Cell Buses in U.S. Transit Fleets : Current Status 2015

    Science.gov (United States)

    2015-12-01

    This report, published annually, summarizes the progress of fuel cell electric bus (FCEB) development in the United States and discusses the achievements and challenges of introducing fuel cell propulsion in transit. The report provides a summary of ...

  11. Fuel Cell Buses in U.S. Transit Fleets: Current Status 2017

    Science.gov (United States)

    2017-11-01

    This report, published annually, summarizes the progress of fuel cell electric bus (FCEB) development in the United States and discusses the achievements and challenges of introducing fuel cell propulsion in transit. The report provides a summary of ...

  12. Dynamic Pricing

    DEFF Research Database (Denmark)

    Sharifi, Reza; Anvari-Moghaddam, Amjad; Fathi, S. Hamid

    2017-01-01

    Dynamic pricing scheme, also known as real-time pricing (RTP), can be more efficient and technically beneficial than the other price-based schemes (such as flat-rate or time-of-use (TOU) pricing) for enabling demand response (DR) actions. Over the past few years, advantages of RTP-based schemes h...... of dynamic pricing can lead to increased willingness of consumers to participate in DR programs which in turn improve the operation of liberalized electricity markets.......Dynamic pricing scheme, also known as real-time pricing (RTP), can be more efficient and technically beneficial than the other price-based schemes (such as flat-rate or time-of-use (TOU) pricing) for enabling demand response (DR) actions. Over the past few years, advantages of RTP-based schemes...

  13. Assessing Asset Pricing Anomalies

    NARCIS (Netherlands)

    W.A. de Groot (Wilma)

    2017-01-01

    markdownabstractOne of the most important challenges in the field of asset pricing is to understand anomalies: empirical patterns in asset returns that cannot be explained by standard asset pricing models. Currently, there is no consensus in the academic literature on the underlying causes of

  14. Alternative pricing methodologies

    International Nuclear Information System (INIS)

    Anon.

    1991-01-01

    With the increased interest in competitive market forces and growing recognition of the deficiencies in current practices, FERC and others are exploring alternatives to embedded cost pricing. A number of these alternatives are discussed in this chapter. Marketplace pricing, discussed briefly here, is the subject of the next chapter. Obviously, the pricing formula may combine several of these methodologies. One utility of which the authors are aware is seeking a price equal to the sum of embedded costs, opportunity costs, line losses, value of service, FERC's percentage adder formula and a contract service charge

  15. An essay pertaining to the supply and price of natural gas as fuel for electric utilities and independent power producers; and, the related growth of non-utility generators to meet capacity shortfalls in the next decade

    International Nuclear Information System (INIS)

    Clements, J.R.

    1990-01-01

    This paper addresses the impact natural gas and petroleum prices have on how the electric power industry decides to meet increasing demand for electric power. The topics of the paper include the pricing impact of the Iraq-Kuwait conflict, the BTU parity argument, electric utility capacity shortfalls in 1993, the growth of the non-utility generator and the independent power developer market, natural gas as the desired fuel of the decade, the financial strategy in acquiring natural gas reserves, the cost and availability of natural gas supplies for non-utility generators, and the reluctance of the gas producers to enter long term contracts

  16. Overview of current research and development programmes for fuel in Japan

    International Nuclear Information System (INIS)

    Shiozawa, S.

    1991-01-01

    The Research and Development (R and D) programmes for HTGR fuel have been performed since 1969 by Japan Atomic Energy Research Institute (JAERI) as a leading organization in Japan. The R and D covers all fields necessary for the construction of the High Temperature Engineering Test Reactor (HTTR), which is the first HTGR in Japan. This R and D includes fuel fabrication, fuel property data, irradiation performance under normal operating conditions, safety-related research and fuel inspection technology. The R and D for the HTTR has been completed from a licensing point of view. Some R and D including future advanced fuel development continue. 2 figs, 3 tabs

  17. Mesh optimization for microbial fuel cell cathodes constructed around stainless steel mesh current collectors

    KAUST Repository

    Zhang, Fang

    2011-02-01

    Mesh current collectors made of stainless steel (SS) can be integrated into microbial fuel cell (MFC) cathodes constructed of a reactive carbon black and Pt catalyst mixture and a poly(dimethylsiloxane) (PDMS) diffusion layer. It is shown here that the mesh properties of these cathodes can significantly affect performance. Cathodes made from the coarsest mesh (30-mesh) achieved the highest maximum power of 1616 ± 25 mW m-2 (normalized to cathode projected surface area; 47.1 ± 0.7 W m-3 based on liquid volume), while the finest mesh (120-mesh) had the lowest power density (599 ± 57 mW m-2). Electrochemical impedance spectroscopy showed that charge transfer and diffusion resistances decreased with increasing mesh opening size. In MFC tests, the cathode performance was primarily limited by reaction kinetics, and not mass transfer. Oxygen permeability increased with mesh opening size, accounting for the decreased diffusion resistance. At higher current densities, diffusion became a limiting factor, especially for fine mesh with low oxygen transfer coefficients. These results demonstrate the critical nature of the mesh size used for constructing MFC cathodes. © 2010 Elsevier B.V. All rights reserved.

  18. Current collector design for closed-plenum polymer electrolyte membrane fuel cells

    Science.gov (United States)

    Daniels, F. A.; Attingre, C.; Kucernak, A. R.; Brett, D. J. L.

    2014-03-01

    This work presents a non-isothermal, single-phase, three-dimensional model of the effects of current collector geometry in a 5 cm2 closed-plenum polymer electrolyte membrane (PEM) fuel cell constructed using printed circuit boards (PCBs). Two geometries were considered in this study: parallel slot and circular hole designs. A computational fluid dynamics (CFD) package was used to account for species, momentum, charge and membrane water distribution within the cell for each design. The model shows that the cell can reach high current densities in the range of 0.8 A cm-2-1.2 A cm-2 at 0.45 V for both designs. The results indicate that the transport phenomena are significantly governed by the flow field plate design. A sensitivity analysis on the channel opening ratio shows that the parallel slot design with a 50% opening ratio shows the most promising performance due to better species, heat and charge distribution. Modelling and experimental analysis confirm that flooding inhibits performance, but the risk can be minimised by reducing the relative humidity of the cathode feed to 50%. Moreover, overheating is a potential problem due to the insulating effect of the PCB base layer and as such strategies should be implemented to combat its adverse effects.

  19. An EIS alternative for impedance measurement of a high temperature PEM fuel cell stack based on current pulse injection

    DEFF Research Database (Denmark)

    Jeppesen, Christian; Araya, Samuel Simon; Sahlin, Simon Lennart

    2017-01-01

    In this paper a method for estimating the fuel cell impedance is presented, namely the current pulse injection (CPI) method, which is well suited for online implementation. This method estimates the fuel cell impedance and unlike electrochemical impedance spectroscopy (EIS), it is simple...... to implement at a low cost. This makes it appealing as a characterization method for on-line diagnostic algorithms. In this work a parameter estimation method for estimation of equivalent electrical circuit (EEC) parameters, which is suited for on-line use is proposed. Tests on a 10 cell high temperature PEM...... fuel cell show that the method yields consistent results in estimating EEC parameters for different current pulse at different current loads, with a low variance. A comparison with EIS shows that despite its simplicity the response of CPI can reproduce well the impedance response of the high...

  20. Note on current position regarding the development by the UKAEA of Reduced Enrichment fuels for Research and Test Reactors

    International Nuclear Information System (INIS)

    Hickey, B.

    1983-01-01

    The United Kingdom Atomic Energy Authority have an MTR fuel fabrication plant located at Dounreay on the north coast of Scotland. The prime function of the plant is to manufacture fuel elements for the UKAEA's own DIDO and PLUTO heavy water reactors located at their research establishment at Harwell. The plant, which has a capacity of about 1000 fuel elements per annum, also manufactures fuel elements, on a commercial basis, for university reactors in the United Kingdom and for a number of customers in overseas countries. The UKAEA have been manufacturing MTR fuel elements of a wide range of designs for over twenty-five years. Following the initiative of the US Government's RERTR programme, the UKAEA have embarked on a modest programme of MTR fuel manufacturing development., irradiation and post-irradiation examination to establish the techniques required to manufacture fuel elements containing uranium of a significantly lower enrichment than that in the fuel elements they currently manufacture. In the first instance this work is being directed towards the production of fuel elements containing uranium of 45% enrichment. After an initial analysis it was recognised that although a satisfactory 45% enriched version of certain of the designs of fuel elements currently manufactured could probably be produced using established U/Al alloy technology, it would be necessary to utilise powder technology for other elements in order to achieve the higher uranium density required. Studies of published information and consideration of the technology and facilities already available at Dounreay prompted the decision to concentrate on the development Of U 3 O 8 /Al cermet type fuel elements of similar geometry to those currently manufactured. Some of the fuel element designs currently manufactured by the UKAEA are listed: Concentric (Extruded) 74% enriched; Concentric Plates 80% enriched with densities 0.60 and 0.53 g U/ cm 3 ; Flat Plate (Swaged) 80% enriched and Flat Plate

  1. Improved performance of microbial fuel cells enriched with natural microbial inocula and treated by electrical current

    International Nuclear Information System (INIS)

    Lin, Hongjian; Wu, Xiao; Miller, Curtis; Zhu, Jun

    2013-01-01

    Microbial fuel cells (MFCs) are increasingly attracting attention as a sustainable technology as they convert chemical energy in organic wastes to electricity. In this study, the effects of different inoculum sources (river sediment, activated sludge and anaerobic sludge) and electrical current stimulation were evaluated using single-chamber air-cathode MFCs as model reactors based on performance in enrichment process and electrochemical characteristics of the reactors. The result revealed the rapid anodic biofilm development and substrate utilization of the anaerobic sludge-inoculated MFC. It was also found that the river sediment-inoculated MFC achieved the highest power output of 195 μW, or 98 mW m −2 , due to better developed anodic biofilm confirmed by scanning electron microscopy. The current stimulation enhanced the anodic biofilm attachment over time, and therefore reduced the MFC internal resistance by 27%, increased the electrical capacitance by four folds, and improved the anodic biofilm resilience against substrate deprivation. For mature MFCs, a transient application of a negative voltage (−3 V) improved the cathode activity and maximum power output by 37%. This improvement was due to the bactericidal effect of the electrode potential higher than +1.5 V vs. SHE, demonstrating a substantial benefit of treating MFC cathode after long-term operation using suitable direct electrical current. -- Highlights: •Voltage stimulation (+2 V) during inoculation reduced MFC internal resistance and improved biofilm resilience. •Voltage stimulation increased biofilm electrical capacitance by 5-fold. •Negative voltage stimulation (−3 V) enhanced the maximum power output by 37%. •River sediment MFC obtained higher power due to better anodic biofilm coverage. •Anaerobic sludge quickly developed anodic biofilm for MFC and quickly utilized volatile fatty acids

  2. Long-term projections for electricity and gas prices

    International Nuclear Information System (INIS)

    Borggrefe, Frieder; Lochner, Stefan

    2009-01-01

    The article analyses potential developments of wholesale electricity prices in Germany until 2030. The relevant determinants and their effects on prices are shown. Several projections demonstrate the impact of future fuel prices taking the political framework into account. The importance of carbon and gas prices - and the latter's relationship to oil prices - are discussed extensively. Although forecasting electricity prices is associated with great uncertainties, the article illustrates the relative impacts of the various price determinants and their interactions. (orig.)

  3. 17 CFR 270.2a-4 - Definition of “current net asset value” for use in computing periodically the current price of...

    Science.gov (United States)

    2010-04-01

    ... value between calculations made as of the close of the New York Stock Exchange on the preceding business... 17 Commodity and Securities Exchanges 3 2010-04-01 2010-04-01 false Definition of âcurrent net... Section 270.2a-4 Commodity and Securities Exchanges SECURITIES AND EXCHANGE COMMISSION (CONTINUED) RULES...

  4. Sustitución de fuel oil por gas natural en ANDERCOL Medellín

    OpenAIRE

    Peña Puerto, José Miguel; Ayala Mendoza, Miguel Eduardo

    2008-01-01

    Introduction. This article shows the evaluation of the demand and the tendencies of fuel in the plant of ANDERCOL-Medellín, the current and future trends of the prices for the fuels available (fuel oil and natural gas) and also the operation costs, the investments required for their substitution and the limitations and benefits of substituting fuel oil with natural gas. Objective. To evaluate the impact of substituting fuel oil with natural gas in the ANDERCOL´s plant in Medell...

  5. Transfer Pricing

    DEFF Research Database (Denmark)

    Nielsen, Søren Bo

    2014-01-01

    Against a background of rather mixed evidence about transfer pricing practices in multinational enterprises (MNEs) and varying attitudes on the part of tax authorities, this paper explores how multiple aims in transfer pricing can be pursued across four different transfer pricing regimes. A MNE h...

  6. Gold prices

    OpenAIRE

    Joseph G. Haubrich

    1998-01-01

    The price of gold commands attention because it serves as an indicator of general price stability or inflation. But gold is also a commodity, used in jewelry and by industry, so demand and supply affect its pricing and need to be considered when gold is a factor in monetary policy decisions.

  7. Modelling socio-metabolic transitions: The historical take-off, the acceleration of fossil fuel use, and the 1970s oil price shock - the first trigger of a future decline?

    Science.gov (United States)

    Wiedenhofer, Dominik; Rovenskaya, Elena; Krausmann, Fridolin; Haas, Willi; Fischer-Kowalski, Marina

    2013-04-01

    By talking about socio-metabolic transitions, we talk about changes in the energy base of socio-economic systems, leading to fundamental changes in social and environmental relations. This refers to the historical shift from a biomass-based (agrarian) economy to a fossil fuel based (industrial) economy just as much as to a future shift from fossil fuels to renewable energy carriers. In our presentation, • We will first show that this pattern of transition can be identified for most high income industrial countries: the later the transition started, the faster it proceeded, and the turning point to stabilization of metabolic rates in all of them happened in the early 1970ies. Due to the inherent non-linearity of this process, two approaches will be aplied to estimate parameters for the starting point, transition speed and saturation level: firstly a combination of an expontential and a generalized logistic function and secondly a Gompertz function. For both an iterative test procedure is applied to find the global minimum of the residual error for the whole function and all its parameters. This theory-based approach allows us to apply a robust methodology across all cases, thereby yielding results which can be generalized. • Next, we will show that this was not just a "historical" socio-ecological transition, however. Currently, a substantial number of countries comprising more than half of the world's population are following a similar transitional pathway at an ever accelerating pace. Based on empirical data on physical resource use and the above sketched methodology, we can show that these so-called emerging economies are currently in the take-off or acceleration phase of the very same transition. • Apart from these "endogenous" processes of socio-metabolic transition, we will investigate the effect of external shocks and their impact on the dynamics of energy and materials use. The first such shock we will explore is the oil crisis of 1972 that possibly

  8. A competitive thorium fuel cycle for pressurized water reactors of current technology

    International Nuclear Information System (INIS)

    Galperin, A.; Radkowsky, A.; Todosow, M.

    2002-01-01

    Two important issues may influence the development and public acceptance of the nuclear power worldwide: a reduction of proliferation potential and spent fuel disposal requirements of the nuclear fuel cycle. Both problems may be addressed effectively by replacement of uranium by thorium fertile part of the fuel. A practical and competitive fuel design to satisfy the described design objectives and constraints may be achieved by seed-blanket core, proposed by A. Radkowsky and implemented in Shippingport reactors. The main idea is to separate spatially the uranium part of the core (seed) from the thorium part of the core (blanket), and thus allow two separate fuel management routes for uranium and thorium parts of the fuel. The uranium part (seed) is optimized to supply neutrons to the subcritical thorium blanket. The blanket is designed to generate and bum insitu 233 U. (author)

  9. Current concept of the nuclear fuel cycle in the Czech Republic

    International Nuclear Information System (INIS)

    Priman, V.; Vesely, P.; Sedina, M.

    2001-01-01

    The article provides an overview of the major activities within the nuclear fuel cycle as practised by the Czech utility CEZ, a. s. Efforts in the fuel cycle practice are focused on the implementation of standard business principles with CEZ's contractual suppliers; application of new legislation and international design standards; and on achieving a higher technical standard of nuclear fuel and its better overall utilisation by nuclear power plants. Business activities in the procurement of nuclear materials and their diversification are discussed. The last part of the article, which is devoted to the fuel cycle back-end, describes the adopted strategy of extended spent fuel storage associated with a postponement of the final disposal. The basic principles of the CEZ's fuel cycle back-end strategy are also summarised. (author)

  10. Biofuel and Food-Commodity Prices

    Directory of Open Access Journals (Sweden)

    David Zilberman

    2012-09-01

    Full Text Available The paper summarizes key findings of alternative lines of research on the relationship between food and fuel markets, and identifies gaps between two bodies of literature: one that investigates the relationship between food and fuel prices, and another that investigates the impact of the introduction of biofuels on commodity-food prices. The former body of literature suggests that biofuel prices do not affect food-commodity prices, but the latter suggests it does. We try to explain this gap, and then show that although biofuel was an important contributor to the recent food-price inflation of 2001–2008, its effect on food-commodity prices declined after the recession of 2008/09. We also show that the introduction of cross-price elasticity is important when explaining soybean price, but less so when explaining corn prices.

  11. Energy pricing policy in Iran

    International Nuclear Information System (INIS)

    Davood Manzoor

    1995-01-01

    Low energy prices in Iran do not reflect economic costs. Further distortions exist in the tariff structures of most energy sources and in their relative prices. Price reform is a key policy element for achieving increased energy conservation and economic substitution. Subsidies should be made transparent and explained by the Government, and, when eliminated, they could be compensated by target measures or direct subsidies for low income households. Price reforms are under way, with some caution though, because of possible political and inflationary consequences. In order to better understand the need for price reforms a brief analysis of the current energy pricing policy is provided there. (author)

  12. Current status of sea transport of nuclear fuel materials and LLW in Japan

    International Nuclear Information System (INIS)

    Kitagawa, Hiroshi; Akiyama, Hideo

    2000-01-01

    Along with the basic policy of the nuclear fuel cycle of Japan, many fuel cycle facilities have been already constructed in Rokkasho-Mura, Aomori prefecture, such as the uranium enrichment plant, the low level waste disposal center and the receiving pool of the spent nuclear fuels for reprocessing. These facilities belong to the Japan Nuclear Fuel Limited. (JNFL). Domestic sea transport of the spent nuclear fuels (SF) has been carried out since 1977 to the Tokai Reprocessing Plant, and the first sea transport of the SF to the fuel cycle facility in Rokkasho-Mura was done in Oct, 1998 using a new exclusive ship 'Rokuei-Maru'. Sea transport of the low level radioactive wastes (LLW) has been carried out since 1992 to the Rokkasho LLW Disposal Center, and about 130,000 LLW drams were transported from the nuclear power plant sites. These sea transport have demonstrated the safety of the transport of the nuclear fuel cycle materials. It is hoped that the safe sea transport of the nuclear fuel materials will contribute to the more progress of the nuclear fuel cycle activities of Japan. (author)

  13. Current status and future direction of INPRO (International Project on Innovative Nuclear Reactors and Fuel Cycles)

    International Nuclear Information System (INIS)

    Omoto, Akira; Moriwaki, Masanao; Sugimoto, Jun; Nakai, Ryodai

    2007-01-01

    INPRO is an international forum to consider jointly the international and national actions required to achieve desired innovations in nuclear reactors and fuel cycles so as to ensure that nuclear energy is available to contribute to a sustainable development of the human, and IAEA becomes the secretariat for INPRO. The number of the members counts 28 by recent participation of Japan and U.S.A. now, and it is a unique forum to bring together both technology users and technology holders, that includes 5 countries which do not still have nuclear power generation. Until now it was phase I, and focused its activities to make clear the desired characteristics of nuclear energy system toward the future, and to develop methodology to evaluate various nuclear energy systems, but it shifted to phase II from July, 2006, and it planned three areas of activities such as improvement of evaluation methodology, institutional/infrastructure oriented activities and a collaborative project of technology development. Current status and future direction of INPRO was presented to encourage Japan in significant contributions of these three areas. (T. Tanaka)

  14. Unsupported Pt-Ni Aerogels with Enhanced High Current Performance and Durability in Fuel Cell Cathodes.

    Science.gov (United States)

    Henning, Sebastian; Ishikawa, Hiroshi; Kühn, Laura; Herranz, Juan; Müller, Elisabeth; Eychmüller, Alexander; Schmidt, Thomas J

    2017-08-28

    Highly active and durable oxygen reduction catalysts are needed to reduce the costs and enhance the service life of polymer electrolyte fuel cells (PEFCs). This can be accomplished by alloying Pt with a transition metal (for example Ni) and by eliminating the corrodible, carbon-based catalyst support. However, materials combining both approaches have seldom been implemented in PEFC cathodes. In this work, an unsupported Pt-Ni alloy nanochain ensemble (aerogel) demonstrates high current PEFC performance commensurate with that of a carbon-supported benchmark (Pt/C) following optimization of the aerogel's catalyst layer (CL) structure. The latter is accomplished using a soluble filler to shift the CL's pore size distribution towards larger pores which improves reactant and product transport. Chiefly, the optimized PEFC aerogel cathodes display a circa 2.5-fold larger surface-specific ORR activity than Pt/C and maintain 90 % of the initial activity after an accelerated stress test (vs. 40 % for Pt/C). © 2017 Wiley-VCH Verlag GmbH & Co. KGaA, Weinheim.

  15. Application of eddy currents to post-irradiation examination of fuel rods

    International Nuclear Information System (INIS)

    Domizzi, G.; Ruch, M.; Ruggirello, G.; Spinosa, C.

    1997-01-01

    Postirradiation tests are performed on the fuel bundles of nuclear power plants, in order to evaluate their performance. The Zircaloy-4 cladding, the first containment of the fission products, is a very important part of these bundles. A fundamental step of these tests is the in-pool identification of the failed bars in the 'suspect' bundles. Later, once in the hot cell facility and prior to the destructive tests, it is necessary to characterize the defects in the cladding. The eddy current method provides a means for fast and reliable detection and characterisation of defects unobservable in visual inspection, such as tiny cracks, pores and anomalously hydride regions. The project for the application of this method in postirradiation tests has been divided into three stages, namely laboratory set up, in-pool tests, hot-cell application, the first one being described here. Techniques for the construction of synthetic defects (machined, micro cracks, abnormal hydride concentration, hydride blisters, oxide layers) were developed. A mechanical device for automatic probe movement was designed and constructed. Special external probes for the particular defects were developed. The inspection procedure was prepared. (author) [es

  16. Report on the inquiry into sale price fluctuations of gasoline and diesel fuel in the regions of Abitibi-Temiscamingue, Saguenay-Lac Saint Jean and the Upper Mauricie, October 1998 to 31 December 1999

    International Nuclear Information System (INIS)

    Lambert, L.; Dumais, M. A.

    2000-01-01

    An inquiry was initiated by the President of the Quebec Energy Board (Regie de l'energie) on October 7, 1999 to review the reasons for the wide fluctuations in the retail sale prices of gasoline and diesel fuel in the regions of Abitibi-Temiscamingue, Saguenay/Lac-Saint-Jean and the Upper Mauricie, although the Board has no jurisdiction over the prices charged for petroleum products or anti-competitive practices. Consequently, the inquiry confined itself to an analysis of the information pertaining to the structure and forces driving the petroleum products market, and an examination of price mechanisms and consumer reactions in these regions. The inquiry reviewed the relevant legislation and regulation, the social, economic and energy situations in the affected regions, and the structure and functioning of the market for gasoline and diesel fuel. The inquiry came to the conclusion that the price fluctuations during the period under review reflected the wholesale prices recorded at Montreal and Quebec, which are determined by national and international market forces over which Quebec has no significant control. Furthermore, the inquiry concluded that although market forces are present and functioning in the regions, there are relatively few outlets affiliated with major oil companies, and a large number of independent retail outlets with relatively small volumes of annual sales. They essentially set their own prices at a level that reflect their cost of operation. Appendices contain the Inquiry's mandate, a list of those who testified before the Inquiry, a map showing the geographic profile of the regions surveyed and a list of figures and tables. 18 tabs., 31 figs

  17. Population dynamics and current-generation mechanisms in cassette-electrode microbial fuel cells

    Energy Technology Data Exchange (ETDEWEB)

    Watanabe, Kazuya [ERATO/JST, Tokyo (Japan). Hashimoto Light Energy Conversion Project; Tokyo Univ. (Japan). Research Center for Advanced Science and Technology; Tokyo Univ. of Pharmacy and Life Sciences (Japan). School of Life Sciences; Miyahara, Morio [ERATO/JST, Tokyo (Japan). Hashimoto Light Energy Conversion Project; Shimoyama, Takefumi [Tokyo Univ. (Japan). Research Center for Advanced Science and Technology; Hashimoto, Kazuhito [ERATO/JST, Tokyo (Japan). Hashimoto Light Energy Conversion Project; Tokyo Univ. (Japan). Dept. of Applied Chemistry

    2011-12-15

    Cassette-electrode microbial fuel cells (CE-MFCs) have been demonstrated useful to treat biomass wastes and recover electric energy from them. In order to reveal electricity-generation mechanisms in CE-MFCs, the present study operated a bench-scale reactor (1 l in capacity; approximately 1,000 cm{sup 2} in anode and cathode areas) for treating a high-strength model organic wastewater (comprised of starch, peptone, and fish extract). Approximately 1 month was needed for the bench reactor to attain a stable performance, after which volumetric maximum power densities persisted between 120 and 150 mW/l throughout the experiment (for over 2 months). Temporal increases in the external resistance were found to induce subsequent increases in power outputs. After electric output became stable, electrolyte and anode were sampled from the reactor for evaluating their current-generation abilities; it was estimated that most of current (over 80%) was generated by microbes in the electrolyte. Cyclic voltammetry of an electrolyte supernatant detected several electron shuttles with different standard redox potentials at high concentrations (equivalent to or more than 100 {mu}M 5-hydroxy-1,4-naphthoquinone). Denaturing gradient gel electrophoresis and quantitative real-time PCR of 16S ribosomal RNA gene fragments showed that bacteria related to the genus Dysgonomonas occurred abundantly in association with the increases in power outputs. These results suggest that mediated electron transfer was the main mechanism for electricity generation in CE-MFC, where high-concentration electron shuttles and Dysgonomonas bacteria played important roles. (orig.)

  18. Denitrifying bacterial communities affect current production and nitrous oxide accumulation in a microbial fuel cell.

    Science.gov (United States)

    Vilar-Sanz, Ariadna; Puig, Sebastià; García-Lledó, Arantzazu; Trias, Rosalia; Balaguer, M Dolors; Colprim, Jesús; Bañeras, Lluís

    2013-01-01

    The biocathodic reduction of nitrate in Microbial Fuel Cells (MFCs) is an alternative to remove nitrogen in low carbon to nitrogen wastewater and relies entirely on microbial activity. In this paper the community composition of denitrifiers in the cathode of a MFC is analysed in relation to added electron acceptors (nitrate and nitrite) and organic matter in the cathode. Nitrate reducers and nitrite reducers were highly affected by the operational conditions and displayed high diversity. The number of retrieved species-level Operational Taxonomic Units (OTUs) for narG, napA, nirS and nirK genes was 11, 10, 31 and 22, respectively. In contrast, nitrous oxide reducers remained virtually unchanged at all conditions. About 90% of the retrieved nosZ sequences grouped in a single OTU with a high similarity with Oligotropha carboxidovorans nosZ gene. nirS-containing denitrifiers were dominant at all conditions and accounted for a significant amount of the total bacterial density. Current production decreased from 15.0 A · m(-3) NCC (Net Cathodic Compartment), when nitrate was used as an electron acceptor, to 14.1 A · m(-3) NCC in the case of nitrite. Contrarily, nitrous oxide (N2O) accumulation in the MFC was higher when nitrite was used as the main electron acceptor and accounted for 70% of gaseous nitrogen. Relative abundance of nitrite to nitrous oxide reducers, calculated as (qnirS+qnirK)/qnosZ, correlated positively with N2O emissions. Collectively, data indicate that bacteria catalysing the initial denitrification steps in a MFC are highly influenced by main electron acceptors and have a major influence on current production and N2O accumulation.

  19. Residential, Commercial, and Utility-Scale Photovoltaic (PV) System Prices in the United States: Current Drivers and Cost-Reduction Opportunities

    Energy Technology Data Exchange (ETDEWEB)

    Goodrich, A.; James, T.; Woodhouse, M.

    2012-02-01

    The price of photovoltaic (PV) systems in the United States (i.e., the cost to the system owner) has dropped precipitously in recent years, led by substantial reductions in global PV module prices. However, system cost reductions are not necessarily realized or realized in a timely manner by many customers. Many reasons exist for the apparent disconnects between installation costs, component prices, and system prices; most notable is the impact of fair market value considerations on system prices. To guide policy and research and development strategy decisions, it is necessary to develop a granular perspective on the factors that underlie PV system prices and to eliminate subjective pricing parameters. This report's analysis of the overnight capital costs (cash purchase) paid for PV systems attempts to establish an objective methodology that most closely approximates the book value of PV system assets.

  20. Fuel Cell Buses in U.S. Transit Fleets: Current Status 2010

    Science.gov (United States)

    2010-11-11

    This past year has been one of transition for the introduction of fuel cell transit buses. The existing generation of fuel cell buses from Van Hool and UTC Power has continued to operate in service at three transit agencies. At the same time, a new g...

  1. Fuel Cell Buses in U.S. Transit Fleets: Current Status 2011

    Science.gov (United States)

    2011-11-11

    his report is the fifth in a series of annual status reports that summarize the progress resulting from fuel cell transit bus demonstrations in the United States and provide a discussion of the achievements and challenges of fuel cell propulsion in t...

  2. Fuel Cell Buses in U.S. Transit Fleets : Current Status 2013

    Science.gov (United States)

    2013-12-01

    This report is the seventh in an annual series of reports that summarize the progress of fuel cell electric bus (FCEB) development in the United States and discuss the achievements and challenges of introducing fuel cell propulsion in transit. This r...

  3. Fuel Cell Buses in U.S. Transit Fleets : Current Status 2012

    Science.gov (United States)

    2012-11-12

    This report is the sixth in an annual series of reports that summarize the progress of fuel cell electric bus (FCEB) development in the United States and discuss the achievements and challenges of introducing fuel cell propulsion in transit. The repo...

  4. The current status of fuel cell technology for mobile and stationary applications

    NARCIS (Netherlands)

    Bruijn, de F.A.

    2005-01-01

    This review of fuel cell technology gives an overview on the status of low and high temperature fuel cells, both on materials as well as on a system level. Their application in transport and the combined generation of heat and power is discussed in relation to their environmental benefits

  5. Current status of the first interim spent fuel storage facility in Japan

    International Nuclear Information System (INIS)

    Shinbo, Hitoshi; Kondo, Mitsuru

    2008-01-01

    In Japan, storage of spent fuels outside nuclear power plants was enabled as a result of partial amendments to the Nuclear Reactor Regulation Law in June 2000. Five months later, Mutsu City in Aomori Prefecture asked the Tokyo Electric Power Company (TEPCO) to conduct technical surveys on siting of the interim spent fuel storage facility (we call it 'Recyclable-Fuel Storage Center'). In April 2003, TEPCO submitted the report on siting feasibility examination, concluded that no improper engineering data for siting, construction of the facility will be possible from engineering viewpoint. Siting Activities for publicity and public acceptance have been continued since then. After these activities, Aomori Prefecture and Mutsu City approved siting of the Recyclable Fuel Storage Center in October 2005. Aomori Prefecture, Mutsu City, TEPCO and Japan Atomic Power Company (JAPC) signed an agreement on the interim spent fuel storage Facility. A month later, TEPCO and JAPC established Recyclable-Fuel Storage Company (RFS) in Mutsu City through joint capital investment, specialized in the first interim spent fuel storage Facility in Japan. In May 2007, we made an application for establishment permit, following safety review by regulatory authorities. In March 2008, we started the preparatory construction. RFS will safely store of spent fuels of TEPCO and JAPC until they will be reprocessed. Final storage capacity will be 5,000 ton-U. First we will construct the storage building of 3,000 ton-U to be followed by second building. We aim to start operation by 2010. (author)

  6. On the Generalized Correlation Equation of Welding Current for the Tig Welding Machine Used in Nuclear Fuel Fabrication

    International Nuclear Information System (INIS)

    Umar, Efrizon

    1995-01-01

    In nuclear fuel fabrication, welding plays a very important role to join the end cap to the tube. In order to determine the welding current in TIG welding process for various materials, weld geometries and welding rates, the correlation between the welding current and the other parameters are needed. This paper presents the correlation of those parameters mentioned above. The proposed correlation was tested and produced satisfactory results. (author). 8 refs., 2 tabs., 2 figs

  7. Non destructive testing of PWR type fuel pencils by Foucault currents and metrology in the OSIRIS reactor pool

    International Nuclear Information System (INIS)

    Marchand, L.

    1984-09-01

    The device presented in this paper, has been developed to satisfy, first, the requirements of nondestructive examinations of irradiated fuel pencils. The technics used allow the acquisition of reliable and detailed information on the state of cans. The computerized data exploitation allows to integrate quickly any improvement factor while allowing to carry out the researches on the automatic diagnostic of Eddy current signals. Now, the equipments of the bench allow visual, metrological and Foucault current simultaneous examinations [fr

  8. Current status of PIE activities in O-arai Engineering Center of JNC on FBR MOX fuel

    International Nuclear Information System (INIS)

    Koyama, Shin-ichi; Osaka, Masahiko; Namekawa, Takashi; Itoh, Masahiko

    2003-01-01

    Japan Nuclear Cycle Development Institute (JNC) is now totally promoting the development of commercialized fast reactors to realize stable supply of energy in future. One of the important items is to develop high-performance fuel. For this purpose, it is essential to carry out post-irradiation examinations (PIE) for evaluation of irradiated fuel performance and also to establish the PIE technology. This paper describes the current status of PIE results including its technology in O-arai Engineering Center of JNC. The facilities have been operating safely and successfully since the 1960's. Obtained PIE data were reflected to the design and operation of the experimental fast reactor JOYO, the prototype fast reactor MONJU and future fast reactors. The core modification from the breeding core (MK-I) to the irradiation core (MK-II) of JOYO was performed in 1982. Irradiation tests of fuels and materials in MK-II core started in 1982. At PIE facilities in OEC, 65 of driver fuels, fuel irradiation test rigs, material irradiation test rigs and several other components were examined related to JOYO MK-II core operation, and thus a lot of aspects were accumulated for irradiated fuel behaviors. As topical activities of these PIE techniques, burnup measurement and analytical technique for Minor Actinides (MA), such as neptunium and americium were described here. (author)

  9. Modeling and control of a proton exchange membrane fuel cell with the air compressor according to requested electrical current

    Directory of Open Access Journals (Sweden)

    Malekbala Mohammad Rahim

    2015-01-01

    Full Text Available The aim of this paper is to design and investigate the dynamic behavior of a PEM fuel cell system. Dynamic analysis of a PEM fuel cell system has been done in Matlab\\Simulink software according to electrical current that has been applied from hybrid system. In addition, dynamical fuel cell system has been explained according to oriented control that is started from air injection compressor model. Also hydrogen valve actuator has been controlled according to the compressor model. The results of the fuel cell dynamic model as well as the applied compressor model are fully validated based on the available results in the open literature. Finally, the effects of several operating parameters of the fuel cell system such as anode and cathode pressures, cell voltage, compressor voltage, compressor mass flow rate variation with respect to inlet pressure ratio, net and stack powers on the dynamic behavior of the hybrid system are investigated. The results show that the model can predict the dynamic behavior of the fuel cell system accurately and it can be used directly for any control purposes.

  10. Current Status of Spent Fast Reactor Fuel Reprocessing and Waste Treatment in Various Countries: United States of America

    International Nuclear Information System (INIS)

    2011-01-01

    -refining of actinide metals and oxides. The processes that won through to greatest acceptance internationally are considered to be metal electro-refining, oxide electrowinning and fluoride volatility. The first one of these has been the most successful in the USA. Spent fuel reprocessing is not currently performed in the USA on a commercial scale. The emphasis remains on spent fuel storage. Vitrification of some defence wastes has, however, been carried out. Efforts to clean up the accumulated wastes in old weapons laboratories by converting them into glass or glass-ceramic matrices are also underway. Currently, there is renewed interest in the use of metallic fuel in FRs in view of the possibility of achieving better breeding ratios and also actinide burning. EBR-II has accumulated a lot of operating experience with metallic fuel, both with respect to its in-pile behaviour, and reprocessing and waste management

  11. The supply price control: issues for review

    International Nuclear Information System (INIS)

    Littlechild, S.

    1993-01-01

    In this article, the Director General of the Office of Electricity Regulation (OFFER) sets out the issues involved in the current review of supply price controls for the twelve regional electricity companies (RECs) in the United Kingdom. The Government's current energy policy is outlined, drawing a distinction between electricity from fossil and non-fossil fuel sources. RECs are obliged by the licencees to purchase economically and OFFER seeks to monitor this process, both within Government limits. This history of price controls is outlined and the author considers what form the next supply control should take, bearing in mind generation costs and aims towards energy efficiency. The OFFER consultative document has now been published and public debate of these issues will follow. (UK)

  12. Managing plutonium in Britain. Current options[Mixed oxide nuclear fuels; Nuclear weapons

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1998-09-01

    This is the report of a two day meeting to discuss issues arising from the reprocessing of plutonium and production of mixed oxide nuclear fuels in Britain. It was held at Charney Manor, near Oxford, on June 25 and 26, 1998, and was attended by 35 participants, including government officials, scientists, policy analysts, representatives of interested NGO's, journalists, a Member of Parliament, and visiting representatives from the US and Irish governments. The topic of managing plutonium has been a consistent thread within ORG's work, and was the subject of one of our previous reports, CDR 12. This particular seminar arose out of discussions earlier in the year between Dr. Frank Barnaby and the Rt. Hon. Michael Meacher MP, Minister for the Environment. With important decisions about the management of plutonium in Britain pending, ORG undertook to hold a seminar at which all aspects of the subject could be aired. A number of on-going events formed the background to this initiative. The first was British Nuclear Fuels' [BNFL] application to the Environment Agency to commission a mixed oxide fuel [MOX] plant at Sellafield. The second was BNFL's application to vary radioactive discharge limits at Sellafield. Thirdly, a House of Lords Select Committee was in process of taking evidence, on the disposal of radioactive waste. Fourthly, the Royal Society, in a recent report entitled Management of Separated Plutonium, recommended that 'the Government should commission a comprehensive review... of the options for the management of plutonium'. Four formal presentations were made to the meeting, on the subjects of Britain's plutonium policy, commercial prospects for plutonium use, problems of plutonium accountancy, and the danger of nuclear terrorism, by experts from outside the nuclear industry. It was hoped that the industry's viewpoint would also be heard, and BNFL were invited to present a paper, but declined on the grounds that they

  13. DIREM's prices. Prices and margins of petroleum products in France and in the European Union

    International Nuclear Information System (INIS)

    2002-08-01

    This report presents in a series of graphs and tables the prices and margins of petroleum products in France and in the European Union (EU) according to the data compiled by the Direction of energy and mineral resources (DIREM) of the French general direction of energy and raw materials (DGEMP, Ministry of economy, finances and industry): evolution of crude prices, evolution of Rotterdam's quotation of petroleum products, raw margin of brent refining, French fuel prices (automotive and domestic fuels, evolution, comparison with EU and Rotterdam's prices), comparison with prices in other European countries, evolution of average retail prices in France. (J.S.)

  14. Carbon Pricing: Design, Experiences and Issues

    DEFF Research Database (Denmark)

    Carbon Pricing reflects upon and further develops the ongoing and worthwhile global debate into how to design carbon pricing, and how to utilize the financial proceeds in the best possible way for society. The world has recently witnessed a significant downward adjustment in fossil fuel prices...

  15. Who is exposed to gas prices? How gasoline prices affect automobile manufacturers and dealerships

    OpenAIRE

    Silva-Risso, Jorge; Zettelmeyer, Florian; Busse, Meghan R.; Knittel, Christopher Roland

    2016-01-01

    Many consumers are keenly aware of gasoline prices, and consumer responses to gasoline prices have been well studied. In this paper, by contrast, we investigate how gasoline prices affect the automobile industry: manufacturers and dealerships. We estimate how changes in gasoline prices affect equilibrium prices and sales of both new and used vehicles of different fuel economies. We investigate the implications of these effects for individual auto manufacturers, taking into account differences...

  16. Who is exposed to gas prices? How gasoline prices affect automobile manufacturers and dealerships

    OpenAIRE

    Busse, Meghan R.; Kittel, Christopher R.; Zettelmeyer, Florian

    2012-01-01

    Many consumers are keenly aware of gasoline prices, and consumer responses to gasoline prices have been well studied. In this paper, by contrast, we investigate how gasoline prices affect the automobile industry: manufacturers and dealerships. We estimate how changes in gasoline prices affect equilibrium prices and sales of both new and used vehicles of different fuel economies. We investigate the implications of these effects for individual auto manufacturers, taking into account differences...

  17. Fuel particles in the Chernobyl cooling pond: current state and prediction for remediation options

    International Nuclear Information System (INIS)

    Bulgakov, A.; Konoplev, A.; Smith, J.; Laptev, G.; Voitsekhovich, O.

    2009-01-01

    During the coming years, a management and remediation strategy for the Chernobyl cooling pond (CP) will be implemented. Remediation options include a controlled reduction in surface water level of the cooling pond and stabilisation of exposed sediments. In terrestrial soils, fuel particles deposited during the Chernobyl accident have now almost completely disintegrated. However, in the CP sediments the majority of 90 Sr activity is still in the form of fuel particles. Due to the low dissolved oxygen concentration and high pH, dissolution of fuel particles in the CP sediments is significantly slower than in soils. After the planned cessation of water pumping from the Pripyat River to the Pond, significant areas of sediments will be drained and exposed to the air. This will significantly enhance the dissolution rate and, correspondingly, the mobility and bioavailability of radionuclides will increase with time. The rate of acidification of exposed bottom sediments was predicted on the basis of acidification of similar soils after liming. Using empirical equations relating the fuel particle dissolution rate to soil and sediment pH allowed prediction of fuel particle dissolution and 90 Sr mobilisation for different remediation scenarios. It is shown that in exposed sediments, fuel particles will be almost completely dissolved in 15-25 years, while in parts of the cooling pond which remain flooded, fuel particle dissolution will take about a century

  18. Fuel Cell Buses in U.S. Transit Fleets: Current Status 2016

    Energy Technology Data Exchange (ETDEWEB)

    Eudy, Leslie [National Renewable Energy Lab. (NREL), Golden, CO (United States); Post, Matthew [National Renewable Energy Lab. (NREL), Golden, CO (United States); Jeffers, Matthew [National Renewable Energy Lab. (NREL), Golden, CO (United States)

    2016-11-01

    This report, published annually, summarizes the progress of fuel cell electric bus development in the United States and discusses the achievements and challenges of introducing fuel cell propulsion in transit. The report provides a summary of results from evaluations performed by the National Renewable Energy Laboratory. Funding for this effort is provided by the U.S. Department of Energy's Fuel Cell Technologies Office within the Office of Energy Efficiency and Renewable Energy and by the U.S. Department of Transportation's Federal Transit Administration. The 2016 summary results primarily focus on the most recent year for each demonstration, from August 2015 through July 2016. The results for these buses account for more than 550,000 miles traveled and 59,500 hours of fuel cell power system operation. The primary results presented in the report are from three demonstrations of two different fuel-cell-dominant bus designs: Zero Emission Bay Area Demonstration Group led by Alameda-Contra Costa Transit District (AC Transit) in California; American Fuel Cell Bus Project at SunLine Transit Agency in California; and American Fuel Cell Bus Project at the University of California at Irvine.

  19. VOC composition of current motor vehicle fuels and vapors, and collinearity analyses for receptor modeling.

    Science.gov (United States)

    Chin, Jo-Yu; Batterman, Stuart A

    2012-03-01

    The formulation of motor vehicle fuels can alter the magnitude and composition of evaporative and exhaust emissions occurring throughout the fuel cycle. Information regarding the volatile organic compound (VOC) composition of motor fuels other than gasoline is scarce, especially for bioethanol and biodiesel blends. This study examines the liquid and vapor (headspace) composition of four contemporary and commercially available fuels: gasoline (gasoline), ultra-low sulfur diesel (ULSD), and B20 (20% soy-biodiesel and 80% ULSD). The composition of gasoline and E85 in both neat fuel and headspace vapor was dominated by aromatics and n-heptane. Despite its low gasoline content, E85 vapor contained higher concentrations of several VOCs than those in gasoline vapor, likely due to adjustments in its formulation. Temperature changes produced greater changes in the partial pressures of 17 VOCs in E85 than in gasoline, and large shifts in the VOC composition. B20 and ULSD were dominated by C(9) to C(16)n-alkanes and low levels of the aromatics, and the two fuels had similar headspace vapor composition and concentrations. While the headspace composition predicted using vapor-liquid equilibrium theory was closely correlated to measurements, E85 vapor concentrations were underpredicted. Based on variance decomposition analyses, gasoline and diesel fuels and their vapors VOC were distinct, but B20 and ULSD fuels and vapors were highly collinear. These results can be used to estimate fuel related emissions and exposures, particularly in receptor models that apportion emission sources, and the collinearity analysis suggests that gasoline- and diesel-related emissions can be distinguished. Copyright © 2011 Elsevier Ltd. All rights reserved.

  20. Rockets and Feathers: The Asymmetric Effect between China’s Refined Oil Prices and International Crude Oil Prices

    Directory of Open Access Journals (Sweden)

    Yufeng Chen

    2017-03-01

    Full Text Available This paper employs an asymmetric error-correction model (AECM, and uses monthly data on wholesale prices of gasoline and diesel products in China and international crude oil prices from February 2006 to October 2013 to examine whether China’s gasoline and diesel prices adjust asymmetrically to international crude oil price changes. Our empirical results suggest that increases and decreases in international oil prices have asymmetric effects on both wholesale prices of gasoline and diesel fuel in China, and that both increases and decreases in international oil prices have a greater effect on diesel prices than on gasoline prices in China. If there is no change in the maximum retail price, the asymmetry results from the transmission of wholesale prices in China with international oil prices. However, if there is a change in maximum retail prices, both international oil prices and maximum retail prices cause the asymmetry.

  1. Current situation of spent fuel management in the Laguna Verde Nuclear Power Plant, Veracruz, Mexico

    International Nuclear Information System (INIS)

    Moreno, C.V.

    1994-01-01

    The Comision Federal de Electricidad (CFE), owner and operator of the Laguna Verde nuclear power plant (2 x 654 MWe BWR), has twice decided to increase the storage capacity of the spent fuel pools of the reactors. The Comision Nacional de Seguridad Nuclear y Salvaguardias (CNSNS), the national nuclear regulatory authority, approved the increase by a factor of 2.66 in the storage capacity proposal by CFE in 1989. Each reactor spent fuel pool can now hold 614 t HM. The reracking was done at a cost of about US $13 per kg U, which will add only 0.042 mills per kWh to the fuel cycle cost. (author)

  2. Current liquid metal cooled fast reactor concepts: use of the dry reprocess fuel

    International Nuclear Information System (INIS)

    Park, Jee Won; Jeong, C. J.; Yang, M. S.

    2003-03-01

    Recent Liquid metal cooled Fast Reactor (LFR) concepts are reviewed for investigating the potential usability of the Dry Reprocess Fuel (DRF). The LFRs have been categorized into two different types: the sodium cooled and the lead cooled systems. In each category, overall design and engineering concepts are collected which includes those of S-PRISM, AFR300, STAR, ENHS and more. Specially, the nuclear fuel types which can be used in these LFRs, have been summarized and their thermal, physical and neutronic characteristics are tabulated. This study does not suggest the best-matching LFR for the DRF, but shows good possibility that the DRF fuel can be used in future LFRs

  3. Current liquid metal cooled fast reactor concepts: use of the dry reprocess fuel

    Energy Technology Data Exchange (ETDEWEB)

    Park, Jee Won; Jeong, C. J.; Yang, M. S

    2003-03-01

    Recent Liquid metal cooled Fast Reactor (LFR) concepts are reviewed for investigating the potential usability of the Dry Reprocess Fuel (DRF). The LFRs have been categorized into two different types: the sodium cooled and the lead cooled systems. In each category, overall design and engineering concepts are collected which includes those of S-PRISM, AFR300, STAR, ENHS and more. Specially, the nuclear fuel types which can be used in these LFRs, have been summarized and their thermal, physical and neutronic characteristics are tabulated. This study does not suggest the best-matching LFR for the DRF, but shows good possibility that the DRF fuel can be used in future LFRs.

  4. The current uranium exploration activities of the Power Reactor and Nuclear Fuel Development Corporation (PNC), Japan

    International Nuclear Information System (INIS)

    Miyada, H.

    2001-01-01

    As of November 1996, Japan's total installed commercial nuclear power generation capacity was 42 GW(e), accounting for 34% of total electric energy generation. By 2010, Japan intends to have an installed electricity generation capacity of 70.5 GW(e). This will increase the country's demand for nat Ural uranium from 7,700 t U in 1994 (13% of the world consumption) to 13,800 t U in 2010 (17%-19% of the world projected consumption). However, Japan's known uranium resources at Ningyo-Toge and Tono deposits, are estimated at roughly only 6,600 t U. The Long-term Programme for Research, Development and Utilization of Nuclear Energy (adopted in 1994) calls for diversification through long-term purchasing contracts, independent exploration and involvement in mining vent Ures, with the objective of ensuring independence and stability in Japan's development and utilization of nuclear energy. The Power Reactor and Nuclear Fuel Development Corporation (PNC) has been commissioned to carry out the task of independent exploration. PNC is carrying out exploration projects in Canada, Australia, USA and China targeting unconformity related type deposits with an eye to privatizing them. Currently about 40,000 t U of uranium resources are held by PNC. PNC has been carrying out the following related activities: (1) Reference surveys on uranium resources to delineate the promising areas; (2) Development of uranium exploration technology; (3) Information surveys on the nuclear industries to project long-term supply and demand; (4) International Cooperation programme on uranium exploration with Asian countries. (author)

  5. Current density and polarization curves for radial flow field patterns applied to PEMFCs (Proton Exchange Membrane Fuel Cells)

    International Nuclear Information System (INIS)

    Cano-Andrade, S.; Hernandez-Guerrero, A.; Spakovsky, M.R. von; Damian-Ascencio, C.E.; Rubio-Arana, J.C.

    2010-01-01

    A numerical solution of the current density and velocity fields of a 3-D PEM radial configuration fuel cell is presented. The energy, momentum and electrochemical equations are solved using a computational fluid dynamics (CFD) code based on a finite volume scheme. There are three cases of principal interest for this radial model: four channels, eight channels and twelve channels placed in a symmetrical path over the flow field plate. The figures for the current-voltage curves for the three models proposed are presented, and the main factors that affect the behavior of each of the curves are discussed. Velocity contours are presented for the three different models, showing how the fuel cell behavior is affected by the velocity variations in the radial configuration. All these results are presented for the case of high relative humidity. The favorable results obtained for this unconventional geometry seems to indicate that this geometry could replace the conventional commercial geometries currently in use.

  6. Active load current sharing in fuel cell and battery fed DC motor drive for electric vehicle application

    International Nuclear Information System (INIS)

    Pany, Premananda; Singh, R.K.; Tripathi, R.K.

    2016-01-01

    Highlights: • Load current sharing in FC and battery fed dc drive. • Active current sharing control using LabVIEW. • Detail hardware implementation. • Controller performance is verified through MATLAB simulation and experimental results. - Abstract: In order to reduce the stress on fuel cell based hybrid source fed electric drive system the controller design is made through active current sharing (ACS) technique. The effectiveness of the proposed ACS technique is tested on a dc drive system fed from fuel cell and battery energy sources which enables both load current sharing and source power management. High efficiency and reliability of the hybrid system can be achieved by proper energy conversion and management of power to meet the load demand in terms of required voltage and current. To overcome the slow dynamics feature of FC, a battery bank of adequate power capacity has to be incorporated as FC voltage drops heavily during fast load demand. The controller allows fuel cell to operate in normal load region and draw the excess power from battery. In order to demonstrate the performance of the drive using ACS control strategy different modes of operation of the hybrid source with the static and dynamic behavior of the control system is verified through simulation and experimental results. This control scheme is implemented digitally in LabVIEW with PCI 6251 DAQ I/O interface card. The efficacy of the controller performance is demonstrated in system changing condition supplemented by experimental validation.

  7. Option pricing: Stock price, stock velocity and the acceleration Lagrangian

    Science.gov (United States)

    Baaquie, Belal E.; Du, Xin; Bhanap, Jitendra

    2014-12-01

    The industry standard Black-Scholes option pricing formula is based on the current value of the underlying security and other fixed parameters of the model. The Black-Scholes formula, with a fixed volatility, cannot match the market's option price; instead, it has come to be used as a formula for generating the option price, once the so called implied volatility of the option is provided as additional input. The implied volatility not only is an entire surface, depending on the strike price and maturity of the option, but also depends on calendar time, changing from day to day. The point of view adopted in this paper is that the instantaneous rate of return of the security carries part of the information that is provided by implied volatility, and with a few (time-independent) parameters required for a complete pricing formula. An option pricing formula is developed that is based on knowing the value of both the current price and rate of return of the underlying security which in physics is called velocity. Using an acceleration Lagrangian model based on the formalism of quantum mathematics, we derive the pricing formula for European call options. The implied volatility of the market can be generated by our pricing formula. Our option price is applied to foreign exchange rates and equities and the accuracy is compared with Black-Scholes pricing formula and with the market price.

  8. Prices and taxes for gasoline and diesel in industrialized countries

    International Nuclear Information System (INIS)

    Davoust, R.

    2008-01-01

    This report present a comparative study on the prices and taxes of automotive fuels (gasoline and diesel fuel) in various industrialized countries, members of the OECD organization. Statistics are taken from a publication of the IEA (International Energy Agency), and concern the following fuel categories: regular gasoline, unleaded premium gasoline (SP 95 and SP 98), professional diesel fuel and domestic diesel fuel. It is shown that fuel prices are generally equivalent from one country to another, while taxes make all the difference for the retail final price. Somme global comparisons are also made between US and EU prices

  9. Current state of knowledge of water radiolysis effects on spent nuclear fuel corrosion

    International Nuclear Information System (INIS)

    Christensen, H.; Sunder, S.

    2000-07-01

    Literature data on the effect of water radiolysis products on spent-fuel oxidation and dissolution are reviewed. Effects of gamma radiolysis, alpha radiolysis, and dissolved O 2 or H 2 O 2 in unirradiated solutions are discussed separately. Also, the effect of carbonate in gamma-irradiated solutions and radiolysis effects on leaching of spent fuel are reviewed. In addition, a kinetic model for calculating the corrosion rates of UO 2 in solutions undergoing radiolysis is discussed. The model gives good agreement between calculated and measured corrosion rates in the case of gamma radiolysis and in unirradiated solutions containing dissolved oxygen or hydrogen peroxide. However, the model fails to predict the results of alpha radiolysis. In a recent study , it was shown that the model gave good agreement with measured corrosion rates of spent fuel exposed in deionized water. The applications of radiolysis studies for geologic disposal of used nuclear fuel are discussed. (author)

  10. Fuel Cell Buses in U.S. Transit Fleets: Current Status 2010

    Energy Technology Data Exchange (ETDEWEB)

    Eudy, L.; Chandler, K.; Gigakis, C.

    2010-11-01

    This status report, fourth in a series of annual status reports from the U.S. Department of Energy's National Renewable Energy Laboratory, summarizes progress and accomplishments from demonstrations of fuel cell transit buses in the United States. This year's assessment report provides the results from the fifth year of operation of five Van Hool, ISE, and UTC Power fuel cell buses operating at AC Transit, SunLine, and CTTRANSIT. The achievements and challenges of this bus design, implementation, and operating are presented, with a focus on the next steps for implementing larger numbers and new and different designs of fuel cell buses. The major positive result from nearly five years of operation is the dramatic increase in reliability experienced for the fuel cell power system.

  11. Fuel Cell Buses in U.S. Transit Fleets: Current Status 2008

    Science.gov (United States)

    2008-12-01

    In September 2007, the U.S. Department of Energys (DOE) National Renewable Energy Laboratory (NREL) published a report that reviewed past and present fuel cell bus technology development and implementation in the United States. That report reviewe...

  12. Optimization Of Fuel Consumption Using Atmospheric Vertical Air Currents, Phase I

    Data.gov (United States)

    National Aeronautics and Space Administration — DynSan proposes to develop a flight controller that will preserve the aircraft trajectory while directing to sources of potential updrafts to optimize fuel...

  13. Eddy current testing of PWR fuel pencils in the pool of the Osiris reactor

    International Nuclear Information System (INIS)

    Faure, M.; Marchand, L.

    1983-12-01

    A nondestructive testing bench is described. It is devoted to examination of high residual power fuel pencils without stress on the cladding nor interference with cooling. Guiding by fluid bearings decrease the background noise. Scanning speed is limited only by safety criteria and data acquisition configuration. Simultaneous control of various parameters is possible. Associated to an irradiation loop, loaded and unloaded in a reactor swinning pool, this bench can follow fuel pencil degradation after each irradiation cycle [fr

  14. Current status of the tasks performed by the Nuclear Fuel Department for the CAREM project

    International Nuclear Information System (INIS)

    Kaufmann, Federico; Perez, Lidia E.; Perez, Aaldo; Marchi, Daniel E.

    2009-01-01

    CAREM Project required to the Nuclear Fuels Department to perform the necessary tasks to define the powder characteristics and natural UO 2 -Gd 2 O 3 , UO 2 -1.8 and 3.1 % enrichment fuel pellets manufacturing and control parameters. To start with these tasks it was necessary to hire and train staff, begin the licensing process of the facilities, update infrastructure works and equipment of existing facilities. A brief description of the tasks performed is shown. (author)

  15. Spent fuel management: current status and prospects of the IAEA programme

    International Nuclear Information System (INIS)

    1987-05-01

    This report, which is a result of the second IAEA Advisory Group Meeting, is intended to provide the reader with an overview of the status of Spent Fuel Management Programmes in a number of leading countries, with a description of the past IAEA activities in this field of Nuclear Fuel Cycle and with the Agency's plans for the next 2-3 years, based on the proposals of Member States. Separate abstracts were prepared for each of the 16 papers in this report

  16. Nuclear power fuel cycle

    International Nuclear Information System (INIS)

    Havelka, S.; Jakesova, L.

    1982-01-01

    Economic problems are discussed of the fuel cycle (cost of the individual parts of the fuel cycle and the share of the fuel cycle in the price of 1 kWh), the technological problems of the fuel cycle (uranium ore mining and processing, uranium isotope enrichment, the manufacture of fuel elements, the building of long-term storage sites for spent fuel, spent fuel reprocessing, liquid and gaseous waste processing), and the ecologic aspects of the fuel cycle. (H.S.)

  17. Fuel Cell Buses in U.S. Transit Fleets: Current Status 2015

    Energy Technology Data Exchange (ETDEWEB)

    Eudy, Leslie [National Renewable Energy Lab. (NREL), Golden, CO (United States); Post, Matthew [National Renewable Energy Lab. (NREL), Golden, CO (United States); Gikakis, Christina [Federal Transit Administration, Washington, DC (United States)

    2015-12-11

    This report, published annually, summarizes the progress of fuel cell electric bus (FCEB) development in the United States and discusses the achievements and challenges of introducing fuel cell propulsion in transit. Various stakeholders, including FCEB developers, transit agencies, and system integrators, have expressed the value of this annual status report, which provides a summary of results from evaluations performed by the National Renewable Energy Laboratory. The annual status report tracks the progress of the FCEB industry toward meeting technical targets, documents the lessons learned, and discusses the path forward for commercial viability of fuel cell technology for transit buses. The 2015 summary results primarily focus on the most recent year for each demonstration, from August 2014 through July 2015. The results for these buses account for more than 1,045,000 miles traveled and 83,000 hours of fuel cell power system operation. The primary results presented in the report are from two demonstrations of fuel-cell-dominant bus designs: the Zero Emission Bay Area Demonstration Group led by Alameda-Contra Costa Transit District (AC Transit) in California and the American Fuel Cell Bus Project at SunLine Transit Agency in California.

  18. Transfer Pricing

    DEFF Research Database (Denmark)

    Rohde, Carsten; Rossing, Christian Plesner

    trade internally as the units have to decide what prices should be paid for such inter-unit transfers. One important challenge is to uncover the consequences that different transfer prices have on the willingness in the organizational units to coordinate activities and trade internally. At the same time...... the determination of transfer price will affect the size of the profit or loss in the organizational units and thus have an impact on the evaluation of managers‟ performance. In some instances the determination of transfer prices may lead to a disagreement between coordination of the organizational units...

  19. Current status on the spent fuel dry storage management in Taiwan

    International Nuclear Information System (INIS)

    Chen, H.T.; Liu, C.H.

    2006-01-01

    Full text: Full text: One of the high priority issues for the continuous operation of nuclear power plants is how to manage and store spent fuel. In recent years, interim dry storage of spent fuel has become a significant solution in extending the storage capacity at a nuclear reactor site that lacks sufficient spent fuel pool storage capacity as in the world, and also in Taiwan. Although the re-racking project for the spent fuel pools has been undertaken, the Taiwan Power Company (TPC) Chinshan nuclear power plant still will lose its full core reserve by the year 2010. TPC has declared to build an on-site interim dry storage facility, this followed by geological disposal represents the most suitable option at this time. TPC is expected to submit the application for construction permit in 2006; preoperational test and storage should be put into operation by the end of 2008. Interim dry storage is a passive system. Materials used play a crucial role in the safety function of cask. The competent authority of spent fuel management in Taiwan, FCMA/AEC, will carry out a confirmatory evaluation regarding heat dissipation, structural seismic analysis, and radiation shielding to assure available safety function for casks after reviewing safety analysis report submitted by TPC. Third party inspection has been required to enhance quality assurance program and foreign technical consultation will be arranged. Although the security level for such facility will be kept to the same level as an NPP, a comprehensive analysis against a commercial airplane attack on cask should be made and addressed in the supplement of SAR. Licensing hearing is also required before issuing the construction permit. The paper presents the review plan and regulatory requirements for the licensing of an interim dry storage of spent fuel, the licensing procedure, and the development of dry storage cask for spent fuel in Taiwan

  20. Carbon deposition thresholds on nickel-based solid oxide fuel cell anodes II. Steam:carbon ratio and current density

    Science.gov (United States)

    Kuhn, J.; Kesler, O.

    2015-03-01

    For the second part of a two part publication, coking thresholds with respect to molar steam:carbon ratio (SC) and current density in nickel-based solid oxide fuel cells were determined. Anode-supported button cell samples were exposed to 2-component and 5-component gas mixtures with 1 ≤ SC ≤ 2 and zero fuel utilization for 10 h, followed by measurement of the resulting carbon mass. The effect of current density was explored by measuring carbon mass under conditions known to be prone to coking while increasing the current density until the cell was carbon-free. The SC coking thresholds were measured to be ∼1.04 and ∼1.18 at 600 and 700 °C, respectively. Current density experiments validated the thresholds measured with respect to fuel utilization and steam:carbon ratio. Coking thresholds at 600 °C could be predicted with thermodynamic equilibrium calculations when the Gibbs free energy of carbon was appropriately modified. Here, the Gibbs free energy of carbon on nickel-based anode support cermets was measured to be -6.91 ± 0.08 kJ mol-1. The results of this two part publication show that thermodynamic equilibrium calculations with appropriate modification to the Gibbs free energy of solid-phase carbon can be used to predict coking thresholds on nickel-based anodes at 600-700 °C.

  1. Fuel Cell Buses in U.S. Transit Fleets: Current Status 2017

    Energy Technology Data Exchange (ETDEWEB)

    Eudy, Leslie [National Renewable Energy Lab. (NREL), Golden, CO (United States); Post, Matthew B [National Renewable Energy Lab. (NREL), Golden, CO (United States)

    2017-11-21

    This report, published annually, summarizes the progress of fuel cell electric bus (FCEB) development in the United States and discusses the achievements and challenges of introducing fuel cell propulsion in transit. The report provides a summary of results from evaluations performed by the National Renewable Energy Laboratory. This annual status report combines results from all FCEB demonstrations, tracks the progress of the FCEB industry toward meeting technical targets, documents the lessons learned, and discusses the path forward for commercial viability of fuel cell technology for transit buses. These data and analyses help provide needed information to guide future early-stage research and development. The 2017 summary results primarily focus on the most recent year for each demonstration, from August 2016 through July 2017. The primary results presented in the report are from five demonstrations of two different fuel-cell-dominant bus designs: Zero Emission Bay Area Demonstration Group led by Alameda-Contra Costa Transit District (AC Transit) in California; American Fuel Cell Bus (AFCB) Project at SunLine Transit Agency in California; AFCB Project at the University of California at Irvine; AFCB Project at Orange County Transportation Authority; and AFCB Project at Massachusetts Bay Transportation Authority.

  2. Petroleum price

    International Nuclear Information System (INIS)

    Chevallier, B.

    2009-01-01

    The 'AFTP' conference on 'petroleum prices' organized by Total last March, tries to explain the different aspects of the crisis we undergo for July 2007 and its consequential effects on the petroleum markets (supply, demand evolvements, impacts on reserves, prices, refining...). (O.M.)

  3. Current state of knowledge in radiolysis effects on spent fuel corrosion

    International Nuclear Information System (INIS)

    Christensen, H.; Sunder, S.

    1998-09-01

    Literature data on the effect of water radiolysis products on spent fuel oxidation and dissolution have been reviewed. Effects of γ-radiolysis, α-radiolysis and dissolved O 2 or H 2 O 2 in unirradiated solutions have been discussed separately. Also the effect of carbonate in γ-irradiated solutions and radiolysis effects on leaching of spent fuels have been reviewed. In addition a radiolysis model for calculation of corrosion rates of UO 2 , presented previously, has been discussed. The model has been shown to give a good agreement between calculated and measured corrosion rates in the case of γ-radiolysis and in unirradiated solutions of dissolved oxygen or hydrogen peroxide. The model has failed to predict the results of α-radiolysis. In a recent study it was shown that the model gave a good agreement with measured corrosion rates of spent fuel exposed in deionized water

  4. Methanol supply issues for alternative fuels demonstration programs

    International Nuclear Information System (INIS)

    Teague, J.M.; Koyama, K.K.

    1995-01-01

    This paper surveys issues affecting the supply of fuel-grade methanol for the California Energy Commission's alternative fuels demonstration programs and operations by other public agencies such as transit and school districts. Establishing stable and reasonably priced sources of methanol (in particular) and of alternative fuels generally is essential to their demonstration and commercialization. Development both of vehicle technologies and of fuel supply and distribution are complementary and must proceed in parallel. However, the sequence of scaling up supply and distribution is not necessarily smooth; achievement of volume thresholds in demand and through-put of alternative fuels are marked by different kinds of challenges. Four basic conditions should be met in establishing a fuel supply: (1) it must be price competitive with petroleum-based fuels, at least when accounting for environmental and performance benefits; (2) bulk supply must meet volumes required at each phase; necessitating resilience among suppliers and a means of designating priority for high value users; (3) distribution systems must be reliable, comporting with end users' operational schedules; (4) volatility in prices to the end user for the fuel must be minimal. Current and projected fuel volumes appear to be insufficient to induce necessary economies of scale in production and distribution for fuel use. Despite their benefits, existing programs will suffer absent measures to secure economical fuel supplies. One solution is to develop sources that are dedicated to fuel markets and located within the end-use region

  5. Evaluation of the effect of probe design parameters on ECT signal and development of eddy current probe for irradiated fuel rods

    International Nuclear Information System (INIS)

    Kwank, S. W.; Han, Y. K.; Woo, S. K.; Kim, T. W.; Park, J. Y.; Kim, B. J.; Park, J. Y.

    1999-01-01

    Eddy current test(ECT) is used to inspect not only the failed fuel rods but also peripheral rods during repairing of the failed fuel rods, to detect internal defects in irradiated fuel rods which could not be detected by ultrasonic test and visual test, and to obtain the data for determining the root cause of fuel rod failure. This study evaluates the effect of properties of test article, irradiated fuel rods, on the impedance diagram in order to reduce the difficulty of ECT signal analysis. The optimum eddy current probe design conditions for inspecting the irradiated fuel rods, is estimate by using experimental equations and the probe is manufactured based on the estimated conditions. The performance of developed eddy current probe and the optimum conditions is proved through characteristic comparison experiment with the probe purchased from the foreign vendor

  6. Generation of Electricity Using Spartina Patens with Stainless Steel Current Collectors in a Plant-Microbial Fuel Cell

    Science.gov (United States)

    Narula, Deep

    At present, the global energy infrastructure is highly dependent on (i) non-renewable fossil fuels with significant emissions of greenhouse gasses (ii) green fuels such as bioethanol and biodiesel with impact on current agricultural practices competing with food production for arable lands, fertilizers, also requiring additional energy input. Plant-based microbial fuel cell (PMFC) technology can be found as a promising alternative to produce electricity without any side effects with an advantage of using sunlight as an energy source. In the present study, we developed PMFCs using Spartina patens, a marshland grass, abundantly available in the coastal regions of the USA. Figure 1 is a schematic for a PMFC with the anode and cathode compartments where others have used carbon-based electrodes for current collection. In contrast, we attempted to utilize stainless steel wires with more surface area to enhance the current collection in the anode compartment as well as to increase the rate of reduction in the cathode chamber and thereby increase the amount of electricity produced. The study will give results on the periodic use of Spartina patens in PMFC along with the porous stainless steel electrodes which have never been employed in PMFCs before.

  7. Prospects for oil prices

    International Nuclear Information System (INIS)

    Stevens, P.

    1992-01-01

    The basic argument presented is that the oil price is set in an administrated market. The administration is undertaken by the controllers of excess capacity to produce crude oil. The extent to which the administrated price matches the market price is a function, first, of the strength and effectiveness of the market controller and, secondly, of the state of supply and demand and expectations in the market. Currently, the market is operating close to capacity, what limited excess capacity exists is located mainly in Saudi Arabia and the Saudi Arabians appear to be following a low price objective. While the Saudi Arabians pursue volume, the short term project, in the balance of a political upheaval, is that oil prices will remain below the $21 per barrel agreed in July 1990. There is a view that Saudi Arabia would take quick action to reverse a price collapse, but attention is drawn to previous miscalculations with respect to price collapse. Should political circumstances allow the return of Iraq to the oil market, then excess capacity within the Gulf members of OPEC will return and control will be much more difficult. (UK)

  8. Record prices [crude oil

    International Nuclear Information System (INIS)

    Anon

    2006-01-01

    Crude oil prices climbed to new record levels on fears of a future loss of supplies from Iran as Washington stepped up its efforts to persuade Tehran to abandon its programme to produce nuclear fuel. IPE's December Brent contract set a new record for the exchange by trading at $75.80/bbl on 21st April. On the same day October WTI reached an all-time high of $77.30/bbl on Nymex. US product prices gained as refiners struggled to produce sufficient middle distillate. Alarmed by the rising retail price of gasoline, the US Senate debated a reduction in the already low US tax rate on motor spirit. The House of Representatives passed a measure to prohibit overcharging for petrol, diesel and heating oil, but Democrats rejected a Republican proposal to speed-up the process for approving new refineries. President George W Bush announced a temporary easing of new gasoline and diesel specifications (see 'Focus', March 2006) to allow more fuel to be produced. He also agreed to delay the repayment of some 2.1 mn bbl of crude oil lent to companies after last year's hurricanes from the Strategic Petroleum Reserve. California announced an inquiry into alleged overcharging for fuel by oil companies operating in the state. (author)

  9. Environmental impact of radioactive releases from recycle of thorium-based fuel using current containment technology

    International Nuclear Information System (INIS)

    Tennery, V.J.; Bomar, E.S.; Bond, W.D.; Morse, L.E.; Meyer, H.R.; Till, J.E.; Yalcintas, M.G.

    1980-01-01

    The analysis of thorium mining and milling suggests that the resulting doses should be similar to those from uranium operations. An absolute comparison cannot be made at this time, however, due to differences in some assumptions utilized by the various investigators and the lack in some cases of site-specific meteorology and population data at thorium resource sites in the western United States. A distinct difference resulting from the short half-life of 220 Rn (T/sub 1/2/ = 55.6 s) in the thorium decay chain compared to that for 222 Rn (T/sub 1/2/ = 3.82 d) in uranium decay was noted for emissions following mill shutdown. This effect is to make potential releases following thorium mill shutdown of lesser consequence than in the uranium case. Thorium tailings activity would also decrease relatively rapidly due to the comparatively short half-life (T/sub 1/2 = 5.75 y) of 228 Ra. Doses due to airborne releases from thorium-uranium carbide fuel refabrication are significantly less than that due to fuel reprocessing. Tritium is the principal contributor to reprocessing plant doses while carbon-14, 131 Cs, and 232 U account for most of the remaining dose. A tenfold increase in reprocessing plant CF for tritium reduces both individual and population doses by about 60%. For refabrication operations, a near linear dependence upon dose with 232 U content of the fuel was calculated between concentrations of 10 ppM and 5000 ppM. Comparison of (Th, U)C and (U, Pu)C showed little difference in dose commitment, but the presence of 232 U in the (Th, U) fuel causes a notable increase in the refabrication plant dose over that previously calculated for (U, Pu) type fuels

  10. Measurement of current distribution in a proton exchange membrane fuel cell with various flow arrangements – A parametric study

    International Nuclear Information System (INIS)

    Alaefour, Ibrahim; Karimi, G.; Jiao, Kui; Li, X.

    2012-01-01

    Highlights: ► Spatial local current distributions in a single PEMFC are measured. ► Effects of key operating conditions on the local current density are investigated. ► Increasing air and hydrogen stoichiometries improves local current density distributions. ► Operating pressure and temperature have negligible impact on local current distribution. - Abstract: Understanding of current distributions in proton exchange membrane fuel cells (PEMFCs) is crucial for designing cell components such as the flow field plates and the membrane electrode assembly (MEA). In this study, the spatial current density distributions in a single PEMFC with three serpentine flow channels are measured using a segmented bipolar plate and printed circuit board technique. The effects of key operating conditions such as stoichiometry ratios, inlet humidity levels, cell pressure and temperature on the local current density distributions for co-, counter-, and cross-flow arrangements are examined. It is observed that the local current density distribution over the MEA is directly affected by the cell operating conditions along with the configuration of the flow arrangement. It is also found that among the different flow configurations tested under the various operating conditions, the counter flow arrangement provides the optimum average current density and the lowest variations in the local current densities along the flow channels.

  11. Direm prices, prices and margins of petroleum products in France and in the European Union

    International Nuclear Information System (INIS)

    2005-01-01

    This document presents in a series of graphics and tables, the evolution of petroleum products prices and margins in France and in the European Union: crude oil prices, Rotterdam's petroleum products quotation, raw brent refining margin, automotive and domestic fuel prices. (J.S.)

  12. Price increase

    CERN Multimedia

    2006-01-01

    Please take note that after five years of stable prices at Restaurant No 1 a price increase will come into force on 1st January 2006. This increase has been agreed after discussions between the CSR (Comité de Surveillance des Restaurants) and the catering company Novae and will reflect the inflation rate of the last few years. In addition, a new children's menu will be introduced, as well as 'Max Havelaar' fair-trade coffee at a price of 1.70 CHF.

  13. Price increase

    CERN Multimedia

    2005-01-01

    Please take note that after five years of stable prices at Restaurant No 1 a price increase will come into force on 1st January 2006. This increase has been agreed after discussions between the CSR (Comité de Surveillance des Restaurants) and the catering company Novae and will reflect the inflation rate of the last few years. In addition, a new children's menu will be introduced as well as 'Max Havelaar' fair-trade coffee at a price of 1.70 CHF.

  14. Alternative fuel buses currently in use in China: Life-cycle fossil energy use, GHG emissions and policy recommendations

    International Nuclear Information System (INIS)

    Ou Xunmin; Zhang Xiliang; Chang Shiyan

    2010-01-01

    The Chinese government has enacted policies to promote alternative vehicle fuels (AVFs) and alternative fuel vehicles (AFVs), including city bus fleets. The life cycle (LC), energy savings (ES) and GHG reduction (GR) profiles of AVFs/AFVs are critical to those policy decisions. The well-to-wheels module of the Tsinghua-CA3EM model is employed to investigate actual performance data. Compared with conventional buses, AFVs offer differences in performance in terms of both ES and GR. Only half of the AFVs analyzed demonstrate dual benefits. However, all non-oil/gas pathways can substitute oil/gas with coal. Current policies seek to promote technology improvements and market creation initiatives within the guiding framework of national-level diversification and district-level uniformity. Combined with their actual LC behavior and in keeping with near- and long-term strategies, integrated policies should seek to (1) apply hybrid electric technology to diesel buses; (2) encourage NG/LPG buses in gas-abundant cities; (3) promote commercialize electric buses or plug-in capable vehicles through battery technology innovation; (4) support fuel cell buses and hydrogen technology R and D for future potential applications; and (5) conduct further research on boosting vehicle fuel efficiency, applying low-carbon transportation technologies, and addressing all resultant implications of coal-based transportation solutions to human health and natural resources.

  15. Alternative fuel buses currently in use in China: Life-cycle fossil energy use, GHG emissions and policy recommendations

    Energy Technology Data Exchange (ETDEWEB)

    Ou Xunmin, E-mail: oxm07@mails.tsinghua.edu.c [School of Public Policy and Management (SPPM), Tsinghua University, Beijing 100084 (China); China Automotive Energy Research Center (CAERC), Tsinghua University, Beijing 100084 (China); Institute of Energy, Environment and Economy (3E), Tsinghua University, Beijing 100084 (China); Zhang Xiliang, E-mail: zhang_xl@tsinghua.edu.c [China Automotive Energy Research Center (CAERC), Tsinghua University, Beijing 100084 (China); Institute of Energy, Environment and Economy (3E), Tsinghua University, Beijing 100084 (China); Chang Shiyan [China Automotive Energy Research Center (CAERC), Tsinghua University, Beijing 100084 (China); Institute of Energy, Environment and Economy (3E), Tsinghua University, Beijing 100084 (China)

    2010-01-15

    The Chinese government has enacted policies to promote alternative vehicle fuels (AVFs) and alternative fuel vehicles (AFVs), including city bus fleets. The life cycle (LC), energy savings (ES) and GHG reduction (GR) profiles of AVFs/AFVs are critical to those policy decisions. The well-to-wheels module of the Tsinghua-CA3EM model is employed to investigate actual performance data. Compared with conventional buses, AFVs offer differences in performance in terms of both ES and GR. Only half of the AFVs analyzed demonstrate dual benefits. However, all non-oil/gas pathways can substitute oil/gas with coal. Current policies seek to promote technology improvements and market creation initiatives within the guiding framework of national-level diversification and district-level uniformity. Combined with their actual LC behavior and in keeping with near- and long-term strategies, integrated policies should seek to (1) apply hybrid electric technology to diesel buses; (2) encourage NG/LPG buses in gas-abundant cities; (3) promote commercialize electric buses or plug-in capable vehicles through battery technology innovation; (4) support fuel cell buses and hydrogen technology R and D for future potential applications; and (5) conduct further research on boosting vehicle fuel efficiency, applying low-carbon transportation technologies, and addressing all resultant implications of coal-based transportation solutions to human health and natural resources.

  16. Alternative fuel buses currently in use in China. Life-cycle fossil energy use, GHG emissions and policy recommendations

    Energy Technology Data Exchange (ETDEWEB)

    Ou, Xunmin [School of Public Policy and Management (SPPM), Tsinghua University, Beijing 100084 (China); China Automotive Energy Research Center (CAERC), Tsinghua University, Beijing 100084 (China); Institute of Energy, Environment and Economy (3E), Tsinghua University, Beijing 100084 (China); Zhang, Xiliang; Chang, Shiyan [China Automotive Energy Research Center (CAERC), Tsinghua University, Beijing 100084 (China); Institute of Energy, Environment and Economy (3E), Tsinghua University, Beijing 100084 (China)

    2010-01-15

    The Chinese government has enacted policies to promote alternative vehicle fuels (AVFs) and alternative fuel vehicles (AFVs), including city bus fleets. The life cycle (LC), energy savings (ES) and GHG reduction (GR) profiles of AVFs/AFVs are critical to those policy decisions. The well-to-wheels module of the Tsinghua-CA3EM model is employed to investigate actual performance data. Compared with conventional buses, AFVs offer differences in performance in terms of both ES and GR. Only half of the AFVs analyzed demonstrate dual benefits. However, all non-oil/gas pathways can substitute oil/gas with coal. Current policies seek to promote technology improvements and market creation initiatives within the guiding framework of national-level diversification and district-level uniformity. Combined with their actual LC behavior and in keeping with near- and long-term strategies, integrated policies should seek to (1) apply hybrid electric technology to diesel buses; (2) encourage NG/LPG buses in gas-abundant cities; (3) promote commercialize electric buses or plug-in capable vehicles through battery technology innovation; (4) support fuel cell buses and hydrogen technology R and D for future potential applications; and (5) conduct further research on boosting vehicle fuel efficiency, applying low-carbon transportation technologies, and addressing all resultant implications of coal-based transportation solutions to human health and natural resources. (author)

  17. Fuel tourism in border regions: The case of Switzerland

    International Nuclear Information System (INIS)

    Banfi, S.; Filippini, M.; Universita della Svizzera italiana, Lugano; Hunt, L.C.

    2005-01-01

    This paper explores the issue of 'fuel tourism' in Switzerland. For the period 1985-1997, a panel data model for the border regions of Switzerland, (Italy, France, and Germany) is estimated. The results show a significant impact of the gasoline price differential on demand, suggesting that a decrease of 10% in the Swiss gasoline price leads to an increase in demand in the border areas of nearly 17.5%. It is shown that fuel tourism accounted for about 9% of overall gasoline sales in the three regions during the period 1985-1997 and that the recently proposed Swiss CO 2 -tax might, given current conditions, eliminate net fuel tourism. (author)

  18. Uranium price reporting systems

    International Nuclear Information System (INIS)

    1987-09-01

    This report describes the systems for uranium price reporting currently available to the uranium industry. The report restricts itself to prices for U 3 O 8 natural uranium concentrates. Most purchases of natural uranium by utilities, and sales by producers, are conducted in this form. The bulk of uranium in electricity generation is enriched before use, and is converted to uranium hexafluoride, UF 6 , prior to enrichment. Some uranium is traded as UF 6 or as enriched uranium, particularly in the 'secondary' market. Prices for UF 6 and enriched uranium are not considered directly in this report. However, where transactions in UF 6 influence the reported price of U 3 O 8 this influence is taken into account. Unless otherwise indicated, the terms uranium and natural uranium used here refer exclusively to U 3 O 8 . (author)

  19. Current activities on improving storage conditions of the research reactor RA spent fuel - Part II

    International Nuclear Information System (INIS)

    Matausek, M.V.; Kopecni, M.; Vukadin, Z.; Plecas, I.; Pavlovic, R.; Sotic, O.; Marinkovic, N.

    1998-01-01

    To minimize further corrosion and preserve integrity of aluminum barrels and the stainless steel channel-type containers that were found to contain leaking spent fuel, actions to improve conditions in the existing spent fuel storage pool at the RA research reactor were initiated. Technology was elaborated and equipment was produced and applied for removal of sludge and other debris from the bottom of the pool, filtration of the pool water, sludge conditioning in cement matrix and disposal at the low and medium waste repository at VINCA site. More sophisticated operations are to be performed together with foreign experts. Safety measures and precautions were determined. Subcriticality was proved under normal and/or possible abnormal conditions. (author)

  20. Commercial aviation alternative fuels initiative

    Science.gov (United States)

    2010-04-22

    This presentation looks at alternative fuels to enhance environmental stability, reduction of greenhouse gas emissions, air quality benefits (e.g., SOx and PM), fuel supply stability, and fuel price stability.

  1. Economics analysis of fuel cycle cost of fusion–fission hybrid reactors based on different fuel cycle strategies

    Energy Technology Data Exchange (ETDEWEB)

    Zu, Tiejun, E-mail: tiejun@mail.xjtu.edu.cn; Wu, Hongchun; Zheng, Youqi; Cao, Liangzhi

    2015-01-15

    Highlights: • Economics analysis of fuel cycle cost of FFHRs is carried out. • The mass flows of different fuel cycle strategies are established based on the equilibrium fuel cycle model. • The levelized fuel cycle costs of different fuel cycle strategies are calculated, and compared with current once-through fuel cycle. - Abstract: The economics analysis of fuel cycle cost of fusion–fission hybrid reactors has been performed to compare four fuel cycle strategies: light water cooled blanket burning natural uranium (Strategy A) or spent nuclear fuel (Strategy B), sodium cooled blanket burning transuranics (Strategy C) or minor actinides (Strategy D). The levelized fuel cycle costs (LFCC) which does not include the capital cost, operation and maintenance cost have been calculated based on the equilibrium mass flows. The current once-through (OT) cycle strategy has also been analyzed to serve as the reference fuel cycle for comparisons. It is found that Strategy A and Strategy B have lower LFCCs than OT cycle; although the LFCC of Strategy C is higher than that of OT cycle when the uranium price is at its nominal value, it would become comparable to that of OT cycle when the uranium price reaches its historical peak value level; Strategy D shows the highest LFCC, because it needs to reprocess huge mass of spent nuclear fuel; LFCC is sensitive to the discharge burnup of the nuclear fuel.

  2. Freemium Pricing

    DEFF Research Database (Denmark)

    Runge, Julian; Wagner, Stefan; Claussen, Jörg

    Firms commonly run field experiments to improve their freemium pricing schemes. However, they often lack a framework for analysis that goes beyond directly measurable outcomes and focuses on longer term profit. We aim to fill this gap by structuring existing knowledge on freemium pricing...... into a stylized framework. We apply the proposed framework in the analysis of a field experiment that contrasts three variations of a freemium pricing scheme and comprises about 300,000 users of a software application. Our findings indicate that a reduction of free product features increases conversion as well...... as viral activity, but reduces usage – which is in line with the framework’s predictions. Additional back-of-the-envelope profit estimations suggest that managers were overly optimistic about positive externalities from usage and viral activity in their choice of pricing scheme, leading them to give too...

  3. Current issues in the transport of radioactive waste and spent fuel: work by the World Nuclear Transport Institute

    Energy Technology Data Exchange (ETDEWEB)

    Neau, H-J.; Bonnardel-Azzarelli, B. [World Nuclear Transport Inst., London (United Kingdom)

    2014-07-01

    Various kinds of radioactive waste are generated from nuclear power and fuel cycle facilities. These materials have to be treated, stored and eventually sent to a repository site. Transport of wastes between these various stages is crucial for the sustainable utilization of nuclear energy. The IAEA Regulations for the Safe Transport of Radioactive Material (SSR-6) have, for many decades, provided a safe and efficient framework for radioactive materials transport and continue to do so. However, some shippers have experienced that in the transport of certain specific radioactive wastes, difficulties can be encountered. For example, some materials produced in the decommissioning of nuclear facilities are unique in terms of composition or size and can be difficult to characterize as surface contaminated objects (SCO) or homogeneous. One way WNTI (World Nuclear Transport Institute) helps develop transport methodologies is through the use of Industry Working Groups, bringing together WNTI members with common interests, issues and experiences. The Back-End Transport Industry Working Group focuses on the following issues currently. - Characterization of Waste: techniques and methods to classify wastes - Large Objects: slightly contaminated large objects (ex. spent steam generators) transport - Dual Use Casks: transportable storage casks for spent nuclear fuels, including the very long term storage of spent fuel - Fissile Exceptions: new fissile exceptions provisions of revised TS-R-1 (SSR-6) The paper gives a broad overview of current issues for the packaging and transport of radioactive wastes and the associated work of the WNTI. (author)

  4. Direct disposal of spent nuclear fuel. The current status of technology January 1987

    International Nuclear Information System (INIS)

    Wheelton, I.S.; Kelly, B.R.; Wood, E.

    1987-02-01

    The Study assesses the degree and status of research and development worldwide on Direct Disposal of Spent Nuclear Fuel. It is limited to technological, radiological and waste management aspects appertaining to Light Water and AGR Reactor Systems and reviews the 'State of the Art' in terms of applicability to the United Kingdom. The report concludes that much technology exists both at National and International level which the UK can apply to the subject of Direct Disposal. (author)

  5. Petroleum price

    International Nuclear Information System (INIS)

    Maurice, J.

    2001-01-01

    The oil market is the most volatile of all markets, with the exception of the Nasdaq. It is also the biggest commodity market in the world. Therefore one cannot avoid forecasting oil prices, nor can one expect to avoid the forecasting errors that have been made in the past. In his report, Joel Maurice draws a distinction between the short term and the medium-long term in analysing the outlook for oil prices. (author)

  6. Patients' views on price shopping and price transparency.

    Science.gov (United States)

    Semigran, Hannah L; Gourevitch, Rebecca; Sinaiko, Anna D; Cowling, David; Mehrotra, Ateev

    2017-06-01

    Driven by the growth of high deductibles and price transparency initiatives, patients are being encouraged to search for prices before seeking care, yet few do so. To understand why this is the case, we interviewed individuals who were offered access to a widely used price transparency website through their employer. Qualitative interviews. We interviewed individuals enrolled in a preferred provider organization product through their health plan about their experience using the price transparency tool (if they had done so), their past medical experiences, and their opinions on shopping for care. All interviews were transcribed and manually coded using a thematic coding guide. In general, respondents expressed frustration with healthcare costs and had a positive opinion of the idea of price shopping in theory, but 2 sets of barriers limited their ability to do so in reality. The first was the salience of searching for price information. For example, respondents recognized that due to their health plan benefits design, they would not save money by switching to a lower-cost provider. Second, other factors were more important than price for respondents when choosing a provider, including quality and loyalty to current providers. We found a disconnect between respondents' enthusiasm for price shopping and their reported use of a price transparency tool to shop for care. However, many did find the tool useful for other purposes, including checking their claims history. Addressing the barriers to price shopping identified by respondents can help inform ongoing and future price transparency initiatives.

  7. Two-tier crude pricing in flux: U.S. postings phenomenon

    International Nuclear Information System (INIS)

    Anon.

    1992-01-01

    In recent time, US crude oil buyers have invented a means by which the difference between their posted offered buying prices to sellers and the futures market are reduced. Purpose: reduce the bonuses paid to buyers when the futures price soars above the current market price. The problem is that the bonus amount was calculated above the posted price of just one company. Some companies, nervous about possible inferences concerning proper free competition, are dropping the practice. This issue also presents the following: (1) the ED Refining Netback Data Series for the US Gulf and West Coasts, Rotterdam, and Singapore as of March 27, 1992; and (2) the ED Fuel Price/Tax Series for countries of the Eastern Hemisphere, March 1992 Edition

  8. Adaptation to high current using low external resistances eliminates power overshoot in microbial fuel cells

    KAUST Repository

    Hong, Yiying; Call, Douglas F.; Werner, Craig M.; Logan, Bruce E.

    2011-01-01

    . Acclimation of the high external resistance reactors for a few cycles to low external resistance (5. Ω), and therefore higher current densities, eliminated power overshoot. MFCs initially acclimated to low external resistances exhibited both higher current

  9. Mathematical modeling of current density distribution in composite cathode of solid oxide fuel cells. Paper no. IGEC-1-099

    International Nuclear Information System (INIS)

    Kenney, B.; Karan, K.

    2005-01-01

    Cathodes processes in a solid oxide fuel cell (SOFC) are thought to dominate the overall electrochemical losses. One strategy for minimizing the cathode electrochemical losses in a state-of-the-art SOFC that utilize lanthanum-strontium-manganate (LSM) electrocatalyst and yttria-stabilized-zirconia (YSZ) electrolyte is to utilize composite cathodes comprising a mixture of LSM and YSZ. Composite cathodes improve performance by extending the active reaction zone from electrolyte-electrode interface to throughout the electrode. In this study, a two-dimensional composite cathode model was developed to assess cathode performance in terms of current density distributions. The model results indicate that geometric and microstructural parameters strongly influence current density distribution. In addition electrode composition affects magnitude and distribution of current. An optimum composition for equal-sized LSM/YSZ is 40 vol% LSM and 60 vol% YSZ at 900 o C. (author)

  10. A standardized procedure for eddy-current testing of stainless steel, thin-walled nuclear fuel element cladding tubes

    International Nuclear Information System (INIS)

    Barat, P.; Raj, B.; Bhattacharya, D.K.

    1982-01-01

    Thin-walled nuclear fuel cladding tubes made of AISI 316 stainless steel have been examined by eddy-current testing. Standardization of the procedures has required investigations on optimizing the test frequency, finding a method to locate a defect with respect to the probe reference end, and the use of standard defects and sequential metallography of natural defects detected by eddy-current testing, to understand the influence of the nature of defects on the impedance output signals. Test frequency and method of locating the defect were optimized by the use of standard defects made by machining in reference cladding tubes. Subsequent metallography of natural defects detected by eddy-current testing revealed mainly clusters of inclusions but also other types of defects. The effect of the distribution of inclusions along the length of the tube on the impedance output is discussed. (author)

  11. Standardized procedure for eddy-current testing of stainless steel, thin-walled nuclear fuel element cladding tubes

    Energy Technology Data Exchange (ETDEWEB)

    Barat, P; Raj, B; Bhattacharya, D K [Reactor Research Centre, Kalpakkam (India)

    1982-10-01

    Thin-walled nuclear fuel cladding tubes made of AISI 316 stainless steel have been examined by eddy-current testing. Standardization of the procedures has required investigations on optimizing the test frequency, finding a method to locate a defect with respect to the probe reference end, and the use of standard defects and sequential metallography of natural defects detected by eddy-current testing, to understand the influence of the nature of defects on the impedance output signals. Test frequency and method of locating the defect were optimized by the use of standard defects made by machining in reference cladding tubes. Subsequent metallography of natural defects detected by eddy-current testing revealed mainly clusters of inclusions but also other types of defects. The effect of the distribution of inclusions along the length of the tube on the impedance output is discussed.

  12. Regulation of the complete fuel cycle current and proposed nuclear legislation in Canada

    International Nuclear Information System (INIS)

    Boyd, F.C.

    1978-01-01

    The increasing complexity of the Canadian nuclear programme, the problems of contamination and uranium mine safety and the national and international concern about proliferation have emphasized the need for a systematic and strong control over nuclear activities. Although the 1946 Atomic Energy Control Act provides the Atomic Energy Control Board with most of the powers necessary to achieve this, the new Act has been introduced to clarify jurisdiction and to strengthen the Board, which would then be renamed the Nuclear Control Board. Its duty would be to control health, safety and the environmental and other security aspects of the complete fuel cycle. (NEA) [fr

  13. Current status of feasibility studies on commercialized fuel cycle system for Fast Breeder Reactor

    International Nuclear Information System (INIS)

    Ojima, Hisao; Nagaoki, Yoshihiro

    2000-01-01

    A 'Feasibility Studies on Commercialized Fast Breeder Reactor Cycle System' is underway at the Japan Nuclear Cycle Development Institute (JNC). The study will select the promising concepts with their R and D tasks in order to commercialize the fast breeder reactor (FBR) cycle system. The feasibility studies (F/S) have to present surveyed and screened various relevant technologies, and defined the design requirement of the commercialized fuel cycle system for FBR. The promising technical options are being evaluated and conceptual designs are being examined. At the end of JFY2000, several candidate concepts of the commercialized FBR cycle system will be proposed. (author)

  14. Measuring global gasoline and diesel price and income elasticities

    International Nuclear Information System (INIS)

    Dahl, Carol A.

    2012-01-01

    Price and income elasticities of transport fuel demand have numerous applications. They help forecast increases in fuel consumption as countries get richer, they help develop appropriate tax policies to curtail consumption, help determine how the transport fuel mix might evolve, and show the price response to a fuel disruption. Given their usefulness, it is understandable why hundreds of studies have focused on measuring such elasticities for gasoline and diesel fuel consumption. In this paper, I focus my attention on price and income elasticities in the existing studies to see what can be learned from them. I summarize the elasticities from these historical studies. I use statistical analysis to investigate whether income and price elasticities seem to be constant across countries with different incomes and prices. Although income and price elasticities for gasoline and diesel fuel are not found to be the same at high and low incomes and at high and low prices, patterns emerge that allow me to develop suggested price and income elasticities for gasoline and diesel demand for over one hundred countries. I adjust these elasticities for recent fuel mix policies, and suggest an agenda of future research topics. - Research highlights: ► Surveyed econometric studies of transport fuel demand. ► Developed price elasticities of demand for gasoline and diesel fuel for 120 countries. ► Developed income elasticities of demand for gasoline and diesel fuel for 120 countries. ► Suggested a research agenda for future work.

  15. Pricing and tariffs

    International Nuclear Information System (INIS)

    Dyrelund, A.

    1993-01-01

    Danish suppliers of electricity and district heating are with a few exceptions either public utilities or cooperatives owned by consumers. The basic tariff regulations for electricity and heat in Denmark state that the tariff has to cover all costs and that only a reasonable interest of invested capital may be included in the tariff. Consequently, all profit has to be used to lower prices. For municipality-owned utilities the consumer prices would be the same if the consumers were the owners. It is typical for the district heating and electricity sector that the technical system, the organizations involved and the tariff levels show the same structure: Plants - transmission - distribution - consumer. E.g. the price of energy from the transmission system includes costs of plants and transmission, but not costs of distribution. Concerning energy saving measures in buildings it is important to note that energy saving measures should not be evaluated on the basis of saved GJ (Giga Joule) thermal energy and GJ electricity because the fuel energy consumption and the share of variable costs depend on the supply system. To find least-cost solutions to satisfy the basic demand for energy services, it is necessary to be aware of the whole chain of elements from fuel to services: fuel - plant - network - consumer installations - building envelope - services. The consumer tariff is the most important link between the supply systems and the buildings. A reasonably designed incentive tariff may work for least-cost solutions, whereas other tariffs may encourage a waste of resources, either waste of fuel energy or waste of investments. (AB)

  16. Effects of heat and water transport on the performance of polymer electrolyte membrane fuel cell under high current density operation

    International Nuclear Information System (INIS)

    Tabuchi, Yuichiro; Shiomi, Takeshi; Aoki, Osamu; Kubo, Norio; Shinohara, Kazuhiko

    2010-01-01

    Key challenges to the acceptance of polymer electrolyte membrane fuel cells (PEMFCs) for automobiles are the cost reduction and improvement in its power density for compactness. In order to get the solution, the further improvement in a fuel cell performance is required. In particular, under higher current density operation, water and heat transport in PEMFCs has considerable effects on the cell performance. In this study, the impact of heat and water transport on the cell performance under high current density was investigated by experimental evaluation of liquid water distribution and numerical validation. Liquid water distribution in MEA between rib and channel area is evaluated by neutron radiography. In order to neglect the effect of liquid water in gas channels and reactant species concentration distribution in the flow direction, the differential cell was used in this study. Experimental results suggested that liquid water under the channel was dramatically changed with rib/channel width. From the numerical study, it is found that the change of liquid water distribution was significantly affected by temperature distribution in MEA between rib and channel area. In addition, not only heat transport but also water transport through the membrane also significantly affected the cell performance under high current density operation.

  17. Price dynamics in European petroleum markets

    International Nuclear Information System (INIS)

    Wlazlowski, Szymon; Giulietti, Monica; Binner, Jane; Milas, Costas

    2009-01-01

    This paper analyses horizontal and vertical price dynamics in the EU petroleum markets. The results indicate that the cross-country price differentials have significant impact on the local price adjustments. We investigate the cross-national price spill-overs and find that the extent of the welfare transfer due to asymmetric price transmission, when analysed in a cross-country setting, is less pronounced than claimed in previous contributions in this area. We also find empirical evidence, although indirect, for the politically charged concept of 'fuel tourism', using a pan-European cross-product time series dataset. (author)

  18. State energy-price system: 1981 update

    Energy Technology Data Exchange (ETDEWEB)

    Fang, J.M.; Imhoff, K.L.; Hood, L.J.

    1983-08-01

    This report updates the State Energy Price Data System (STEPS) to include state-level energy prices by fuel and by end-use sectors for 1981. Both physical unit prices and Btu prices are presented. Basic documentation of the data base remains generally the same as in the original report: State Energy Price System; Volume 1: Overview and Technical Documentation (DOE/NBB-0029 Volume 1 of 2, November 1982). The present report documents only the changes in procedures necessitated by the update to 1981 and the corrections to the basic documentation.

  19. Flexible fuel cycle initiative for the transition period from current reactors to next generation reactors

    International Nuclear Information System (INIS)

    Yamashita, Junichi; Fukasawa, Tetsuo; Hoshino, Kuniyoshi; Kawamura, Fumio; Shiina, Kouji; Sasahira, Akira

    2005-01-01

    A sustainable electricity supply by fast breeder reactors (FBRs) is essential to ensure energy security and prevent global warming. Transition from light water reactors (LWRs) to FBRs and establishment of an FBR cycle are indispensable, which requires plutonium (Pu) for the introduction of FBRs. The authors propose advanced system called 'Flexible Fuel Cycle Initiative (FFCI)' which can respond flexibly the future expected technical and social uncertainties, can hold no surplus Pu, and can achieve an economical FBR cycle. In the new concept of FFCI, 2nd LWR reprocessing which would succeed Rokkasho Reprocessing Plant is a simple facility to carry out only uranium (U) removal and residual 'recycle material' is stored or utilized. According to FBRs introduction status, recycle material is immediately treated in an FBR reprocessing to fabricate FBR fuel or temporarily stored for the utilization in FBRs at necessary timing. FFCI has high flexibility by having several options for future uncertainties by the introduction of recycle material as a buffer material between LWR and FBR cycles. (author)

  20. Current status of spent fuel disposal program in Taiwan, Republic of China

    International Nuclear Information System (INIS)

    Soong, K.L.; Liu, S.J.

    1989-01-01

    In the year of 1988, Taiwan has completed a two-year preliminary study and began in late 1988 a second term for the final disposal of spent fuel program. The research conducted in the first phase was mainly concentrated on the reviews of international studies and domestic geological literatures, set-up of siting criteria, and pertinent engineering analysis of a repository. Taiwan is an area of complex and unstable geological structures, abundant ground water and high density of population. Favorable host rocks under consideration for permanent waste disposal are thick shales and mudstones, metamorphosed rocks of mesozoic basement, solidified quartzite and mesozoic granitic gneiss. The analysis of heat transfer for hypothetical case studies indicate that the temperature rises in the repository systems would be well below the proposed maximum admissible temperatures. The repository size would be less than 2 km 2 when appropriate period for surface storage of spent fuel is satisfied. A probabilistic risk analysis also demonstrates that the presence of faulting and other tectonic instabilities characterize Taiwan's disadvantages for geological disposal of nuclear waste

  1. Imperfect price-reversibility of US gasoline demand: Asymmetric responses to price increases and declines

    International Nuclear Information System (INIS)

    Gately, D.

    1992-01-01

    This paper describes a framework for analyzing the imperfect price-reversibility (hysteresis) of oil demand. The oil demand reductions following the oil price increases of the 1970s will not be completely reversed by the price cuts of the 1980s, nor is it necessarily true that these partial demand reversals themselves will be reversed exactly by future price increases. The author decomposes price into three monotonic series: price increases to maximum historic levels, price cuts, and price recoveries (increases below historic highs). He would expect that the response to price cuts would be no greater than to price recoveries, which in turn would be no greater than for increases in maximum historic price. For evidence of imperfect price-reversibility, he tests econometrically the following US data: vehicle miles per driver, the fuel efficiency of the automobile fleet, and gasoline demand per driver. In each case, the econometric results allow him to reject the hypothesis of perfect price-reversibility. The data show smaller response to price cuts than to price increases. This has dramatic implications for projections of gasoline and oil demand, especially under low-price assumptions. 26 refs., 13 figs., 3 tabs

  2. Marketplace pricing

    International Nuclear Information System (INIS)

    Anon.

    1991-01-01

    As discussed in this chapter, interest in marketplace pricing has been increasing in recent years, reflecting the societal trend toward substituting competition for regulation where appropriate. Competition is valuable because it encourages utilities to make efficient decisions with a minimum of regulatory intervention. It enhances efficiency through the incentive for innovation by the regulated companies and by increasing the likelihood they will come forward with proposals for better services, lower prices or both. Ultimately, consumers are beneficiaries. Marketplace pricing is emblematic of the view that the degree of regulation should reflect the degree of market power, that workably competitive markets should be allowed to operate with as little regulatory interference as possible. The Edison Electric Institute has made perhaps the most detailed proposal on marketplace pricing. It and others perceive numerous benefits from this method of pricing transmission services. Given the undeniable market power resulting from line ownership, FERC has emphasized the need to find a workably competitive market before approving such proposals. The ability to make this distinction without a full-blown antitrust review for every transaction is questionable, and FERC has yet to provide generic guidance. Finally, FERC's legal ability to depart from cost-based standards is questionable

  3. Construction of a fuel demand function portraying inter-fuel substitution, a system dynamics approach

    International Nuclear Information System (INIS)

    Abada, Ibrahim; Briat, Vincent; Massol, Olivier

    2011-04-01

    Most of the recent numerical market equilibrium models of natural gas markets use imperfect competition assumptions. These models are typically embedded with an oversimplified representation of the demand side, usually a single-variable affine function, that does not capture any dynamic adjustment to past prices. To remedy this, we report an effort to construct an enhanced functional specification using the system dynamics-based model of Moxnes (1987, 1990). Thanks to a vintage representation of capital stock, this putty-clay model captures the effect of both past and current energy prices on fuel consumption. Using a re-calibrated version of this model, we first confirm the pertinence of this modeling framework to represent inter-fuel substitutions at different fuel prices in the industrial sector. Building on these findings, a dynamic functional specification of the demand function for natural gas is then proposed and calibrated. (authors)

  4. Hedging electricity price volatility using nuclear power

    International Nuclear Information System (INIS)

    Mari, Carlo

    2014-01-01

    Highlights: • Nuclear power is an important asset to reduce the volatility of electricity prices. • Unpredictability of fossil fuels and carbon prices makes power prices very volatile. • The dynamics of fossil fuels and carbon prices is described by Brownian motions. • LCOE values, volatilities and correlations are obtained via Monte Carlo simulations. • Optimal portfolios of generating technologies are get using a mean–variance approach. - Abstract: The analysis presented in this paper aims to put in some evidence the role of nuclear power as hedging asset against the volatility of electricity prices. The unpredictability of natural gas and coal market prices as well as the uncertainty in environmental policies may affect power generating costs, thus enhancing volatility in electricity market prices. The nuclear option, allowing to generate electricity without carbon emissions, offers the possibility to reduce the volatility of electricity prices through optimal diversification of power generating technologies. This paper provides a methodological scheme to plan well diversified “portfolios” of generating capacity that minimize the electricity price risk induced by random movements of fossil fuels market prices and by unpredictable fluctuations of carbon credits prices. The analysis is developed within a stochastic environment in which the dynamics of fuel prices as well as the dynamics of carbon credits prices is assumed to evolve in time according to well defined Brownian processes. Starting from market data and using Monte Carlo techniques to simulate generating cost values, the hedging argument is developed by selecting optimal portfolio of power generating technologies using a mean–variance approach

  5. Partitioning of actinide from simulated high level wastes arising from reprocessing of PHWR fuels: counter current extraction studies using CMPO

    International Nuclear Information System (INIS)

    Deshingkar, D.S.; Chitnis, R.R.; Wattal, P.K.; Theyyunni, T.K.; Nair, M.K.T.; Ramanujam, A.; Dhami, P.S.; Gopalakrishnan, V.; Rao, M.K.; Mathur, J.N.; Murali, M.S.; Iyer, R.H.; Badheka, L.P.; Banerji, A.

    1994-01-01

    High level wastes (HLW) arising from reprocessing of pressurised heavy water reactor (PHWR) fuels contain actinides like neptunium, americium and cerium which are not extracted in the Purex process. They also contain small quantities of uranium and plutonium in addition to fission products. Removal of these actinides prior to vitrification of HLW can effectively reduce the active surveillance period of final waste form. Counter current studies using indigenously synthesised octyl (phenyl)-N, N-diisobutylcarbamoylmethylphosphine oxide (CMPO) were taken up as a follow-up of successful runs with simulated sulphate bearing low acid HLW solutions. The simulated HLW arising from reprocessing of PHWR fuel was prepared based on presumed burnup of 6500 MWd/Te of uranium, 3 years cooling period and 800 litres of waste generation per tonne of fuel reprocessed. The alpha activity of the HLW raffinate after extraction with the CMPO-TBP mixture could be brought down to near background level. (author). 13 refs., 2 tabs., 12 figs

  6. Partitioning of actinide from simulated high level wastes arising from reprocessing of PHWR fuels: counter current extraction studies using CMPO

    Energy Technology Data Exchange (ETDEWEB)

    Deshingkar, D S; Chitnis, R R; Wattal, P K; Theyyunni, T K; Nair, M K.T. [Bhabha Atomic Research Centre, Bombay (India). Process Engineering and Systems Development Div.; Ramanujam, A; Dhami, P S; Gopalakrishnan, V; Rao, M K [Bhabha Atomic Research Centre, Bombay (India). Fuel Reprocessing Group; Mathur, J N; Murali, M S; Iyer, R H [Bhabha Atomic Research Centre, Bombay (India). Radiochemistry Div.; Badheka, L P; Banerji, A [Bhabha Atomic Research Centre, Bombay (India). Bio-organic Div.

    1994-12-31

    High level wastes (HLW) arising from reprocessing of pressurised heavy water reactor (PHWR) fuels contain actinides like neptunium, americium and cerium which are not extracted in the Purex process. They also contain small quantities of uranium and plutonium in addition to fission products. Removal of these actinides prior to vitrification of HLW can effectively reduce the active surveillance period of final waste form. Counter current studies using indigenously synthesised octyl (phenyl)-N, N-diisobutylcarbamoylmethylphosphine oxide (CMPO) were taken up as a follow-up of successful runs with simulated sulphate bearing low acid HLW solutions. The simulated HLW arising from reprocessing of PHWR fuel was prepared based on presumed burnup of 6500 MWd/Te of uranium, 3 years cooling period and 800 litres of waste generation per tonne of fuel reprocessed. The alpha activity of the HLW raffinate after extraction with the CMPO-TBP mixture could be brought down to near background level. (author). 13 refs., 2 tabs., 12 figs.

  7. Price elasticity of petroleum products in selected African countries

    International Nuclear Information System (INIS)

    Kaul, S.

    1995-01-01

    In this paper, a fundamental understanding of the economic impact which is directly related to the price elasticity of petroleum products in six selected African countries is obtained by using the Jorgorson-Lian model for shares. Each kind of fuel price has a different impact on the share of oil products for the different countries. The price increase of one kind of fuel may increase or decrease the share of another fuel in the total oil products. In the oil importing African countries, the price of one product is relatively inelastic, whereas in the oil producing African countries, the price is elastic. (Author)

  8. Impact of European pharmaceutical price regulation on generic price competition: a review.

    Science.gov (United States)

    Puig-Junoy, Jaume

    2010-01-01

    Although economic theory indicates that it should not be necessary to intervene in the generic drug market through price regulation, most EU countries intervene in this market, both by regulating the maximum sale price of generics (price cap) and by setting the maximum reimbursement rate, especially by means of reference pricing systems. We analyse current knowledge of the impact of direct price-cap regulation of generic drugs and the implementation of systems regulating the reimbursement rate, particularly through reference pricing and similar tools, on dynamic price competition between generic competitors in Europe. A literature search was carried out in the EconLit and PubMed databases, and on Google Scholar. The search included papers published in English or Spanish between January 2000 and July 2009. Inclusion criteria included that studies had to present empirical results of a quantitative nature for EU countries of the impact of price capping and/or regulation of the reimbursement rate (reference pricing or similar systems) on price dynamics, corresponding to pharmacy sales, in the generic drug market. The available evidence indicates that price-cap regulation leads to a levelling off of generic prices at a higher level than would occur in the absence of this regulation. Reference pricing systems cause an obvious and almost compulsory reduction in the consumer price of all pharmaceuticals subject to this system, to a varying degree in different countries and periods, the reduction being greater for originator-branded drugs than for generics. In several countries with a reference pricing system, it was observed that generics with a consumer price lower than the reference price do not undergo price reductions until the reference price is reduced, even when there are other lower-priced generics on the market (absence of price competition below the reference price). Beyond the price reduction forced by the price-cap and/or reference pricing regulation itself

  9. Ni/Ni-YSZ current collector/anode dual layer hollow fibers for micro-tubular solid oxide fuel cells

    Energy Technology Data Exchange (ETDEWEB)

    Kanawka, K.; Othman, M.H.D.; Droushiotis, N.; Wu, Z.; Kelsall, G.; Li, K. [Department of Chemical Engineering and Chemical Technology, Imperial College London, London SW7 2AZ (United Kingdom)

    2011-10-15

    A co-extrusion technique was employed to fabricate a novel dual layer NiO/NiO-YSZ hollow fiber (HF) precursor which was then co-sintered at 1,400 C and reduced at 700 C to form, respectively, a meshed porous inner Ni current collector and outer Ni-YSZ anode layers for SOFC applications. The inner thin and highly porous ''mesh-like'' pure Ni layer of approximately 50 {mu}m in thickness functions as a current collector in micro-tubular solid oxide fuel cell (SOFC), aiming at highly efficient current collection with low fuel diffusion resistance, while the thicker outer Ni-YSZ layer of 260 {mu}m acts as an anode, providing also major mechanical strength to the dual-layer HF. Achieved morphology consisted of short finger-like voids originating from the inner lumen of the HF, and a sponge-like structure filling most of the Ni-YSZ anode layer, which is considered to be suitable macrostructure for anode SOFC system. The electrical conductivity of the meshed porous inner Ni layer is measured to be 77.5 x 10{sup 5} S m{sup -1}. This result is significantly higher than previous reported results on single layer Ni-YSZ HFs, which performs not only as a catalyst for the oxidation reaction, but also as a current collector. These results highlight the advantages of this novel dual-layer HF design as a new and highly efficient way of collecting current from the lumen of micro-tubular SOFC. (Copyright copyright 2011 WILEY-VCH Verlag GmbH and Co. KGaA, Weinheim)

  10. How Does Pricing of Day-ahead Electricity Market Affect Put Option Pricing?

    Directory of Open Access Journals (Sweden)

    H. Raouf Sheybani

    2016-09-01

    Full Text Available In this paper, impacts of day-ahead market pricing on behavior of producers and consumers in option and day-ahead markets and on option pricing are studied. To this end, two comprehensive equilibrium models for joint put option and day-ahead markets under pay-as-bid and uniform pricing in day-ahead market are presented, respectively. Interaction between put option and day-ahead markets, uncertainty in fuel price, day-ahead market pricing, and elasticity of consumers to strike price, premium price, and day-ahead price are taken into account in these models. By applying the presented models to a test system impact of day-ahead market pricing on equilibrium of joint put option and day-ahead markets are studied.

  11. Simultaneous measurement of current and temperature distributions in a proton exchange membrane fuel cell during cold start processes

    International Nuclear Information System (INIS)

    Jiao Kui; Alaefour, Ibrahim E.; Karimi, Gholamreza; Li Xianguo

    2011-01-01

    Cold start is critical to the commercialization of proton exchange membrane fuel cell (PEMFC) in automotive applications. Dynamic distributions of current and temperature in PEMFC during various cold start processes determine the cold start characteristics, and are required for the optimization of design and operational strategy. This study focuses on an investigation of the cold start characteristics of a PEMFC through the simultaneous measurements of current and temperature distributions. An analytical model for quick estimate of purging duration is also developed. During the failed cold start process, the highest current density is initially near the inlet region of the flow channels, then it moves downstream, reaching the outlet region eventually. Almost half of the cell current is produced in the inlet region before the cell current peaks, and the region around the middle of the cell has the best survivability. These two regions are therefore more important than other regions for successful cold start through design and operational strategy, such as reducing the ice formation and enhancing the heat generation in these two regions. The evolution of the overall current density distribution over time remains similar during the successful cold start process; the current density is the highest near the flow channel inlets and generally decreases along the flow direction. For both the failed and the successful cold start processes, the highest temperature is initially in the flow channel inlet region, and is then around the middle of the cell after the overall peak current density is reached. The ice melting and liquid formation during the successful cold start process have negligible influence on the general current and temperature distributions.

  12. State energy price and expenditure report 1994

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1997-06-01

    The State Energy Price and Expenditure Report (SEPER) presents energy price and expenditure estimates individually for the 50 States and the District of Columbia and in aggregate for the United States. The price and expenditure estimates developed in the State Energy Price and Expenditure Data System (SEPEDS) are provided by energy source and economic sector and are published for the years 1970 through 1994. Consumption estimates used to calculate expenditures and the documentation for those estimates are taken from the State Energy Data Report 1994, Consumption Estimates (SEDR), published in October 1996. Expenditures are calculated by multiplying the price estimates by the consumption estimates, which are adjusted to remove process fuel; intermediate petroleum products; and other consumption that has no direct fuel costs, i.e., hydroelectric, geothermal, wind, solar, and photovoltaic energy sources. Documentation is included describing the development of price estimates, data sources, and calculation methods. 316 tabs.

  13. State energy price and expenditure report 1994

    International Nuclear Information System (INIS)

    1997-06-01

    The State Energy Price and Expenditure Report (SEPER) presents energy price and expenditure estimates individually for the 50 States and the District of Columbia and in aggregate for the United States. The price and expenditure estimates developed in the State Energy Price and Expenditure Data System (SEPEDS) are provided by energy source and economic sector and are published for the years 1970 through 1994. Consumption estimates used to calculate expenditures and the documentation for those estimates are taken from the State Energy Data Report 1994, Consumption Estimates (SEDR), published in October 1996. Expenditures are calculated by multiplying the price estimates by the consumption estimates, which are adjusted to remove process fuel; intermediate petroleum products; and other consumption that has no direct fuel costs, i.e., hydroelectric, geothermal, wind, solar, and photovoltaic energy sources. Documentation is included describing the development of price estimates, data sources, and calculation methods. 316 tabs

  14. Nanofiber-deposited porous platinum enables glucose fuel cell anodes with high current density in body fluids

    Science.gov (United States)

    Frei, Maxi; Erben, Johannes; Martin, Julian; Zengerle, Roland; Kerzenmacher, Sven

    2017-09-01

    The poisoning of platinum anodes by body-fluid constituents such as amino acids is currently the main hurdle preventing the application of abiotic glucose fuel cells as battery-independent power supply for medical implants. We present a novel anode material that enables continuous operation of glucose oxidation anodes in horse serum for at least 30 days at a current density of (7.2 ± 1.9) μA cm-2. The fabrication process is based on the electro-deposition of highly porous platinum onto a 3-dimensional carbon nanofiber support, leading to approximately 2-fold increased electrode roughness factors (up to 16500 ± 2300). The material's superior performance is not only related to its high specific surface area, but also to an improved catalytic activity and/or poisoning resistance. Presumably, this results from the micro- and nanostructure of the platinum deposits. This represents a major step forward in the development of implantable glucose fuel cells based on long-term stable platinum electrodes.

  15. Fuel Exhaling Fuel Cell.

    Science.gov (United States)

    Manzoor Bhat, Zahid; Thimmappa, Ravikumar; Devendrachari, Mruthyunjayachari Chattanahalli; Kottaichamy, Alagar Raja; Shafi, Shahid Pottachola; Varhade, Swapnil; Gautam, Manu; Thotiyl, Musthafa Ottakam

    2018-01-18

    State-of-the-art proton exchange membrane fuel cells (PEMFCs) anodically inhale H 2 fuel and cathodically expel water molecules. We show an unprecedented fuel cell concept exhibiting cathodic fuel exhalation capability of anodically inhaled fuel, driven by the neutralization energy on decoupling the direct acid-base chemistry. The fuel exhaling fuel cell delivered a peak power density of 70 mW/cm 2 at a peak current density of 160 mA/cm 2 with a cathodic H 2 output of ∼80 mL in 1 h. We illustrate that the energy benefits from the same fuel stream can at least be doubled by directing it through proposed neutralization electrochemical cell prior to PEMFC in a tandem configuration.

  16. Modelling effects of current distributions on performance of micro-tubular hollow fibre solid oxide fuel cells

    International Nuclear Information System (INIS)

    Doraswami, U.; Droushiotis, N.; Kelsall, G.H.

    2010-01-01

    A three-dimensional model, considering mass, momentum, energy and charge conservation, was developed and the equations solved to describe the physico-chemical phenomena occurring within a single, micro-tubular hollow fibre solid oxide fuel cell (HF-SOFC). The model was used to investigate the spatial distributions of potential, current and reactants in a 10 mm long HF-SOFC. The predicted effects of location of current collectors, electrode conductivities, cathode thickness and porosity were analysed to minimise the ranges of current density distributions and maximise performance by judicious design. To decrease the computational load, azimuthal symmetry was assumed to model 50 and 100 mm long reactors in 2-D. With connectors at the same end of the HF-SOFC operating at a cell voltage of 0.5 V and a mean 5 kA m -2 , axial potential drops of ca. 0.14 V in the cathode were predicted, comparable to the cathode activation overpotential. Those potential drops caused average current densities to decrease from ca. 6.5 to ca.1 kA m -2 as HF-SOFC length increased from 10 to 100 mm, at which much of the length was inactive. Peak power densities were predicted to vary from 3.8 to -2 , depending on the location of the current collectors; performance increased with increasing cathode thickness and decreasing porosity.

  17. A study of Canadian retail gasoline prices

    International Nuclear Information System (INIS)

    Eckert, A.L.

    1999-05-01

    Retail gasoline pricing in Canadian markets was examined to demonstrate why retail prices tend to follow one of two distinct patterns and that neither pattern is observable in the wholesale price. In many cities, retail prices are more rigid than wholesale prices, while in other markets, retail prices follow a cyclic pattern not seen in wholesale prices. This study examined why constant prices are observed in some cities, while other cities have cyclic prices. Theoretical justification was given to the argument that prices will remain constant only in markets in which there are only few gasoline companies with a small number of stations, but a large per-station capacity. It was shown that when one firm operates significantly more stations than its rival, a constant cost equilibrium cannot be maintained. However, a cycle equilibrium can be constructed in this case, and also when the two companies are similarly sized. An initial examination of available price, cost and market structure data shows that there is a positive correlation between price stability and concentration. The response of retail prices to wholesale price movements in the presence of a retail price cycle was also examined through the use of a simple model based on the predictions of the above theory. Data for the city of Windsor, Ontario was used for the modelling approach. A new cycle is created by an increase in price whenever the distance between the previous retail price and the current wholesale prices is very small. Retail prices are more responsive to wholesale prices over the increasing portion of the cycle. It was shown that when the asymmetric error correction model of Borenstein, Cameron and Gilbert is estimated, it indicates a more rapid response to wholesale price increases than to decreases. 72 refs., 22 tabs., 8 figs

  18. North American natural gas price outlook

    International Nuclear Information System (INIS)

    Denhardt, R.

    1998-01-01

    Issues regarding future natural gas prices for North America were discussed. Various aspects of the issue including the relationship between storage, weather and prices, received attention. It was noted that strong demand-growth will be needed to support near-term Canadian export increases without price declines. The issue of Gulf Coast production was also discussed. Power generation using natural gas as fuel is expected to support strong growth in the demand for natural gas. tabs., figs

  19. Price formation on the Swedish woodfuel market

    International Nuclear Information System (INIS)

    Hillring, B.

    1999-01-01

    The Swedish woodfuel market has grown rapidly in the past ten years. Government policy has strongly supported this development and environmental taxes on fossil fuels have been introduced. This has favoured untaxed biofuels, i.e. woodfuels, in the district heating sector where the market has grown very rapidly. This study on price formation is based on the earlier knowledge of the market and shows that the woodfuel market has seen a dramatic increase combined with falling prices. Unrefined wood fuels demonstrate an annual volume increase of 13% while real prices have fallen at an annual rate of 5% during the first half of the 1990s. Total taxes paid by the district heating sector have increased during the period studied and of which taxes for fossil fuels have increased dramatically during the past ten years. However, tax as a share of the total fuelmix supplying the district heating sector has been stabilised over time. The primary reason for this development is the replacement of the highly taxed fossil fuels in the supplied fuels with untaxed biofuels. Companies have reacted very quickly and rationally from an economic point of view to the rising costs of fossil fuels, substituting an increasing share with biofuels. For the future, many utilities have the capacity to adapt to new changes in costs resulting from either changes in fuel prices, changes in fuel taxes or changes in prices on heating or electricity markets. (author)

  20. PRICING STRATEGY FOR DIGITAL PRODUCTS

    Directory of Open Access Journals (Sweden)

    MARIA MAGDALENA CRIVEANU

    2018-02-01

    Full Text Available The current society imposes an alert pace on companies that need to adapt to change, become more flexible and adopt new strategies to maintain market share. Digital marketing is a useful tool for promoting products, as customers can access a range of product information at any time and from anywhere. At the same time, another advantage on the part of companies is the lower promotion costs as compared to traditional promotional methods, as well as the establishment of a connection and a communication bridge with each client. The most important component in the process of purchasing a product is inevitably the price. It communicates a series of information about the product and the customer so that the price can be an important element of persuasion in relation to other marketing strategies. Most of the time, the smallest price is the most important factor in making a decision about buying a product, and digital marketing offers the posibility to compare prices. In this sense, digital marketing can provide both an advantage and a disadvantage for traders, as the small price may invalidate other marketing strategies or product features. In this sense, pricing is a challenge for marketing departments because the pricing strategy is deferring from the sterile formula of pricing which meant covering costs and making profit. This paper aims to analyze the extent to which price is an important element in purchasing a product, as well as highlighting a variety of methods and techniques used in pricing. Quantitative research is based on a questionnaire applied to 100 respondents in order to identify the correct pricing strategy. Research results communicate an important message to merchants who have to adjust the price of each buyer individually, so that the buyer profile is particularly important in setting the price.

  1. Pricing Carbon Emissions in China

    NARCIS (Netherlands)

    C-L. Chang (Chia-Lin); T.K. Mai (Te-Ke); M.J. McAleer (Michael)

    2018-01-01

    markdownabstractThe purpose of the paper is to provide a clear mechanism for determining carbon emissions pricing in China as a guide to how carbon emissions might be mitigated to reduce fossil fuel pollution. The Chinese Government has promoted the development of clean energy, including

  2. Price dynamics of natural gas and the regional methanol markets

    International Nuclear Information System (INIS)

    Masih, A. Mansur M.; Albinali, Khaled; DeMello, Lurion

    2010-01-01

    A 'methanol economy' based mainly on natural gas as a feedstock has a lot of potential to cope with the current and ongoing concerns for energy security along with the reduction of CO-2 emissions. It is, therefore, important to examine the price dynamics of methanol in order to ascertain whether the price of methanol is mainly natural-gas-cost driven or demand driven in the context of different regions. This paper is the first attempt to investigate the following: (1) is the natural gas price significantly related to the regional methanol prices in the Far East, United States and Europe? (2) who drives the regional methanol prices? The paper is motivated by the recent and growing debate on the lead-lag relationship between natural gas and methanol prices. Our findings, based on the most recently developed 'long-run structural modelling' and subject to the limitations of the study, tend to suggest: (1) natural gas price is cointegrated with the regional methanol prices, (2) our within-sample error-correction model results tend to indicate that natural gas was driving the methanol prices in Europe and the United States but not in the Far East. These results are consistent, during most of the period under review (1998.5-2007.3), with the surge in demand for methanol throughout the Far East, particularly in China, Taiwan and South Korea, which appears to have played a relatively more dominant role in the Far East compared to that in Europe and the United States within the framework of the dynamic interactions of input and product prices. However, during the post-sample forecast period as evidenced in our variance decompositions analysis, the emergence of natural gas as the main driver of methanol prices in all three continents is consistent with the recent surge in natural gas price fueled mainly, among others, by the strong hedging activities in the natural gas futures/options as well as refining tightness (similar to those that were happening in the crude oil markets

  3. Nuclear fuel

    International Nuclear Information System (INIS)

    Azevedo, J.B.L. de.

    1980-01-01

    All stages of nuclear fuel cycle are analysed with respect to the present situation and future perspectives of supply and demand of services; the prices and the unitary cost estimation of these stages for the international fuel market are also mentioned. From the world resources and projections of uranium consumption, medium-and long term analyses are made of fuel availability for several strategies of use of different reactor types. Finally, the cost of nuclear fuel in the generation of electric energy is calculated to be used in the energetic planning of the electric sector. (M.A.) [pt

  4. New approach to brown coal pricing using internal rate of return methodology

    International Nuclear Information System (INIS)

    Bejbl, Jan; Bemš, Julius; Králík, Tomáš; Starý, Oldřich; Vastl, Jaromír

    2014-01-01

    Highlights: • We showed that brown coal is the substitute for black coal only at the time of the investment decision. • We compiled the model used in a calculation of the economically justified price for the productive and extractive component. • The resulting economically justified price is on a par with the current black coal price. • The proposed methodological approach is applicable to solve similar tasks not only in the energy sector. - Abstract: Brown coal is one of the dominant local strategic raw materials in Europe, used, to a large extent, in the power-generating industry. The current situation, where the price of gas and electricity precludes the efficient use of gas sources, leads to the extraction of older sources, chiefly brown coal ones. In tandem with a turning away from nuclear power, brown coal is experiencing a renaissance and the issue of brown coal price setting is, and will be, relevant. This paper deals with a proposal of a new method for determining the base price, consisting of defining the reference fuel chain for electricity and heat production based on brown coal. It builds on the notion that the degree of risk of the involved parties should be reflected in the modified amount of revenue per capital invested. The resulting price is then an economically justified price which encourages a respect for the specific features of the market in question and set the base price of the commodity in a way that is acceptable for both the extractive and the productive components of the fuel chain

  5. Prices dip on slow demand

    International Nuclear Information System (INIS)

    Anon.

    1993-01-01

    The Restricted Uranium Spot Market Price Range slipped to $9.90-$10.35, mostly due to lackluster demand. Only three transactions took place during the month. Two of the purchases, accounting for 98% of the month's volume, were by European utilities; the other was made by a US utility. One of the European purchases was made in the unrestricted market, but since it included a host of fuel cycle services, the U3O8 price could not be determined. Hence, NUKEM's Unrestricted Uranium Spot Market Price Range stays the same, at $7.90-$8.00. The other European deal, concluded in the restricted market, represents the low end of the restricted market price range. The US deal was based on bids that were made at the beginning of November and therefore does not reflect market conditions in December. Looking ahead, we see four utilities ready to enter the market for nearly 1 million lbs U3O8 equivalent

  6. Price formation and market mechanisms

    International Nuclear Information System (INIS)

    Neff, T.L.

    1991-01-01

    World markets for nuclear fuel have changed greatly since the 1970s. In earlier days, firms specializing in mining, conversion, enrichment and fabrication negotiated directly with end users, primarily under long term contracts at specified prices. This old model is gone. Market structure has been transformed: traditional suppliers now compete with traders, some of whom can offer a much larger menu of products and terms than primary suppliers. Utilities act as traders, converters as brokers, brokers as traders, producers as buyers, and so on. De-enrichment, de-conversion, loans, swaps, interchanges and other new kinds of transactions have proliferated. These changes in market structure and market mechanisms have been accompanied by substantial changes in price formation, that is the process by which market price is set. Today, the level and direction of price are set in a trading dominated spot market environment, fuelled by inventory liquidation and Soviet and other non-traditional supply. (author)

  7. Limiting Current of Oxygen Reduction on Gas-Diffusion Electrodes for Phosphoric Acid Fuel Cells

    DEFF Research Database (Denmark)

    Li, Qingfeng; Gang, Xiao; Hjuler, Hans Aage

    1994-01-01

    on polytetrafluorine-ethyl bonded gas-diffusion electordes in phosphoric acid with and without fluorinated additives. This provides an alternative to estimate the film thickness by combining it with the acid-adsorption measurements and the porosity analysis of the catalyst layer. It was noticed that the limiting......Various models have been devoted to the operation mechanism of porous diffusion electrodes. They are, however, suffering from the lack of accuracy concerning the acid-film thickness on which they are based. In the present paper the limiting current density has been measured for oxygen reduction...... current density can be accomplished either by gas-phase diffusion or liquid-phase diffusion, and it is the latter that can be used in the film-thickness estimation. It is also important to mention that at such a limiting condition, both the thin-film model and the filmed agglomerate model reach the same...

  8. The discount framing in different pricing schemes: Combined versus partitioned pricing

    OpenAIRE

    Matthew Lee; Dr. Frankie Law

    2015-01-01

    Pricing is one of the most sophisticated and critical issues which managers have to face. It is obvious that managers have been undervaluing the behavioural and psychological perspective of pricing for many years. With a clear understanding of behavioural pricing, managers are able to make extra profit for their firms. In the current study, it was interesting to investigating exactly how manipulation of discounts in the combined pricing scheme and partitioned pricing scheme affects the purcha...

  9. Electricity prices in the Finnish retail market

    International Nuclear Information System (INIS)

    Lehto, Eero

    2011-01-01

    This study focuses, firstly, on the pricing of electricity in the Finnish retail market. In particular, the impact of the ownership structure on prices is tested empirically. Secondly, the influence of low-cost electricity sources on retail prices is considered. The question about whether the average fuel costs rather than the wholesale price determine the retail prices is thus addressed. The supply side behaviour characterised may explain the passivity of client activity in the seemingly competitive Finnish market. - Research highlights: → Ownership has a strong impact on retail prices in the Finnish electricity market. → Locally owned companies' rates are 5-15 per cent lower than investor owned companies' rates. → Own low cost acquisition of electricity helps local firms to keep prices at low levels.

  10. Costs of electronuclear fuel production

    International Nuclear Information System (INIS)

    Flaim, T.; Loose, V.

    1978-07-01

    The Los Alamos Scientific Laboratory (LASL) proposes to study the electronuclear fuel producer (EFP) as a means of producing fissile fuel to generate electricity. The main advantage of the EFP is that it may reduce the risks of nuclear proliferation by breeding 233 U from thorium, thereby avoiding plutonium separation. A report on the costs of electronuclear fuel production based upon two designs considered by LASL is presented. The findings indicate that the EFP design variations considered are not likely to result in electricity generation costs as low as the uranium fuel cycle used in the US today. At current estimates of annual fuel output (500 kg 233 U per EFP), the costs of electricity generation using fuel produced by the EFP are more than three times higher than generating costs using the traditional fuel cycle. Sensitivity analysis indicates that electronuclear fuel production would become cost competitive with the traditional uranium fuel cycle when U 3 O 8 (yellowcake) prices approach $1000 per pound

  11. Canadian natural gas price forecast

    International Nuclear Information System (INIS)

    Jones, D.

    1998-01-01

    The basic factors that influenced NYMEX gas prices during the winter of 1997/1998 - warm temperatures, low fuel prices, new production in the Gulf of Mexico, and the fact that forecasters had predicted a mild spring due to El Nino - were reviewed. However, it was noted that for the last 18 months the basic factors had less of an impact on market direction because of an increase in Fund and technical trader participation. Overall, gas prices were strong through most of the year. For the winter of 1998-1999 the prediction was that NYMEX gas prices will remain below $2.00 through to the end of October 1998 because of high U.S. storage levels and moderate temperatures. NYMEX gas prices are expected to peak in January 1999 at $3.25. AECO natural gas prices were predicted to decrease in the short term because of increasing levels of Canadian storage, and because of delays in Northern Border pipeline expansions. It was also predicted that AECO prices will peak in January 1999 and will remain relatively strong through the summer of 1999. tabs., figs

  12. Impact of US biofuel policy on US corn and gasoline price variability

    International Nuclear Information System (INIS)

    McPhail, Lihong Lu; Babcock, Bruce A.

    2012-01-01

    Despite a large number of studies that examine the influence of biofuels and biofuel policy on commodity prices, the impact of biofuel policy on commodity price variability is poorly understood. A good understanding of biofuel policy’s impact on price variability is important for mitigating food insecurity and assisting policy formation. We examine how U.S. ethanol policies such as the Renewable Fuel Standard (RFS) mandates and the blend wall affect the price variability of corn and gasoline. We first present an analytical and graphical framework to identify the effect and then use stochastic partial equilibrium simulation to measure the magnitude of the impacts. We show that RFS mandates and the blend wall both reduce the price elasticity of demand for corn and gasoline and therefore increase the price variability when supply shocks occur to the markets. This has important implications for policy actions with respect to maintaining or changing the current RFS mandates and/or blend wall in the US. -- Highlights: ► The RFS is found to lead to less elastic demand for corn and gasoline. ► Thus the RFS is also found to lead to more volatile corn and gasoline prices when supply shocks occur. ► The ethanol blend wall is found to lead to less elastic corn and gasoline demand. ► Thus the blend wall is also found to lead to more volatile corn and gasoline prices.

  13. The economics of power generation in Alberta : the pool price impact of Genesee Unit 3

    International Nuclear Information System (INIS)

    Topping, D.

    2003-01-01

    Alberta power pool prices for year 2000 were reviewed. The model assumptions were: studies based on PROSYM market simulations; base-load units offered at incremental cost; and, considerations in those cases where system gas units were modeled as coal units. The current situation in Alberta was reviewed. The Genesee 3 coal-fired facility is expected to be completed in the Winter 2004-2005 with an efficiency of 8 to 18 per cent better than other coal units. A graph was shown to examine the expected impact of Genesee 3 on Alberta prices. Electricity prices would increase during the period 2005-2008 without Genesee 3. Alberta prices are affected by factors such as: load-resource balance, fuel prices, cost of new capacity, offer strategy, available transmission, and tie lines. A capacity surplus is expected for the period 2003-2008. In addition, good correlation is expected for pool prices with gas prices. With Genesee 3 in operation, lower pool prices are expected in Alberta. figs

  14. Current status of the FASTGRASS/PARAGRASS models for fission product release from LWR fuel during normal and accident conditions

    International Nuclear Information System (INIS)

    Rest, J.; Zawadski, S.A.; Piasecka, M.

    1983-10-01

    The theoretical FASTGRASS model for the prediction of the behavior of the gaseous and volatile fission products in nuclear fuels under normal and transient conditions has undergone substantial improvements. The major improvements have been in the atomistic and bubble diffusive flow models, in the models for the behavior of gas bubbles on grain surfaces, and in the models for the behavior of the volatile fission products iodine and cesium. The thoery has received extensive verification over a wide range of fuel operating conditions, and can be regarded as a state-of-the-art model based on our current level of understanding of fission product behavior. PARAGRASS is an extremely efficient, mechanistic computer code with the capability of modeling steady-state and transient fission-product behavior. The models in PARAGRASS are based on the more detailed ones in FASTGRASS. PARAGRASS updates for the FRAPCON (PNL), FRAP-T (INEL), and SCDAP (INEL) codes have recently been completed and implemented. Results from an extensive FASTGRASS verification are presented and discussed for steady-state and transient conditions. In addition, FASTGRASS predictions for fission product release rate constants are compared with those in NUREG-0772. 21 references, 13 figures

  15. Natural gas pricing policies in Southeast Asia

    International Nuclear Information System (INIS)

    Pacudan, R.B.

    1998-01-01

    The very dynamic economies of Southeast Asia have recently been experiencing a rapid increase in energy demand. Parallel to this development, there has been an increase in the utilization of indigenous natural gas resources. This article reviews gas-pricing policies in the region, which partly explain the rise in gas utilization. Although diverse, energy pricing policies in Southeast Asia address the common objective of enhancing domestic gas production and utilization. The article concludes that a more rational gas-pricing policy framework is emerging in the region. In global terms, gas pricing in the region tends to converge in a market-related framework, despite the many different pricing objectives of individual countries, and the predominance of non-economic pricing objectives in certain countries (especially gas-rich nations). Specifically, governments have been flexible enough to follow global trends and initiate changes in contractual agreements (pricing and profit-sharing), giving oil companies more favourable terms, and encouraging continued private investment in gas development. At the same time, promotional pricing has also been used to increase utilization of gas, through set prices and adjusted taxes achieving a lower price level compared to substitute fuels. For an efficient gas-pricing mechanism, refinements in the pricing framework should be undertaken, as demand for gas approaches existing and/or forecast production capacities. (author)

  16. Oil Prices and Venezuela's Economy

    OpenAIRE

    Mark Weisbrot; Rebecca Ray

    2008-01-01

    This paper looks at Venezuela’s export revenue, imports, and trade and current account balances under a range of oil price outcomes for the next two years. It finds that Venezuela would run large current account surpluses for prices between $60-90 per barrel, and would even run a small surplus with prices at $50 per barrel. (Most oil industry estimates for the next two years are in the range of $80-90 per barrel). The authors conclude that Venezuela is unlikely to run into foreign exchange co...

  17. Eddy-current testing of nuclear fuel cladding tubes using tilted encircling coil system, 1

    International Nuclear Information System (INIS)

    Yin, Renzhong; Sekine, Kazuyoshi; Shimizu, Hisaji; Tsukui, Kazushige; Urata, Megumu.

    1989-01-01

    The eddy current testing method with external encircling-coils has been widely used as a standard technique for inspection of defects in irradiated zircaloy cladding tubes. In this inspection, the systematic procedure to reliably characterize defects is required. This paper describes the newly developed external tilted encircling-coil system, in which the coil axis is inclined by an angle α to the sample tube axis, for reliable determination of the sort, location and size of defects. As the results of experimental work concerning some kinds of artificial defects in zircaloy cladding tubes using newly designed tilted coil system, an adaptable general-procedure for characterization of defects has been proposed. Furthermore, it has been confirmed that in the case of smaller tilt angles of coil, the signal-to noise ratio for defect response in this coil system is approximately equal to that of ordinary encircling coil system. (author)

  18. Current status and technology development of Reprocessing Plant in Japan Nuclear Fuel Limited

    International Nuclear Information System (INIS)

    Ochi, Eiji

    2013-01-01

    It is a problem that the vitrified waste could not be produced at the down nozzle in glass furnace by accumulation of platinum group metals contented in high-level radioactive waste. This article describes our efforts to solve the problem. The glass furnace, glassification process, development of glassification technology in Japan, structure of glass furnace, improvement of glass furnace now in use, improvement of glassification technology, and development of new glass furnace and new glass materials are explained. Configuration drawing of glass furnace, heating method, glass flow from the down nozzle, existing state of platinum group metals in glass, comparison between the current glass furnace and advance furnace, analysis result of inner part of furnace, and measurement result of density, viscosity and heat capacity of molten glass are illustrated. (S.Y.)

  19. Assessment of the Current Level of Automation in the Manufacture of Fuel Cell Systems for Combined Heat and Power Applications

    Energy Technology Data Exchange (ETDEWEB)

    Ulsh, M.; Wheeler, D.; Protopappas, P.

    2011-08-01

    The U.S. Department of Energy (DOE) is interested in supporting manufacturing research and development (R&D) for fuel cell systems in the 10-1,000 kilowatt (kW) power range relevant to stationary and distributed combined heat and power applications, with the intent to reduce manufacturing costs and increase production throughput. To assist in future decision-making, DOE requested that the National Renewable Energy Laboratory (NREL) provide a baseline understanding of the current levels of adoption of automation in manufacturing processes and flow, as well as of continuous processes. NREL identified and visited or interviewed key manufacturers, universities, and laboratories relevant to the study using a standard questionnaire. The questionnaire covered the current level of vertical integration, the importance of quality control developments for automation, the current level of automation and source of automation design, critical balance of plant issues, potential for continuous cell manufacturing, key manufacturing steps or processes that would benefit from DOE support for manufacturing R&D, the potential for cell or stack design changes to support automation, and the relationship between production volume and decisions on automation.

  20. The Role of Nuclear Power in Reducing Risk of the Fossil Fuel Prices and Diversity of Electricity Generation in Tunisia: A Portfolio Approach

    Science.gov (United States)

    Abdelhamid, Mohamed Ben; Aloui, Chaker; Chaton, Corinne; Souissi, Jomâa

    2010-04-01

    This paper applies real options and mean-variance portfolio theories to analyze the electricity generation planning into presence of nuclear power plant for the Tunisian case. First, we analyze the choice between fossil fuel and nuclear production. A dynamic model is presented to illustrate the impact of fossil fuel cost uncertainty on the optimal timing to switch from gas to nuclear. Next, we use the portfolio theory to manage risk of the electricity generation portfolio and to determine the optimal fuel mix with the nuclear alternative. Based on portfolio theory, the results show that there is other optimal mix than the mix fixed for the Tunisian mix for the horizon 2010-2020, with lower cost for the same risk degree. In the presence of nuclear technology, we found that the optimal generating portfolio must include 13% of nuclear power technology share.

  1. Advanced fuel cycles in CANDU reactors

    International Nuclear Information System (INIS)

    Green, R.E.; Boczar, P.G.

    1990-04-01

    This paper re-examines the rationale for advanced nuclear fuel cycles in general, and for CANDU advanced fuel cycles in particular. The traditional resource-related arguments for more uranium nuclear fuel cycles are currently clouded by record-low prices for uranium. However, the total known conventional uranium resources can support projected uranium requirements for only another 50 years or so, less if a major revival of the nuclear option occurs as part of the solution to the world's environmental problems. While the extent of the uranium resource in the earth's crust and oceans is very large, uncertainty in the availability and price of uranium is the prime resource-related motivation for advanced fuel cycles. There are other important reasons for pursuing advanced fuel cycles. The three R's of the environmental movement, reduce, recycle, reuse, can be achieved in nuclear energy production through the employment of advanced fuel cycles. The adoption of more uranium-conserving fuel cycles would reduce the amount of uranium which needs to be mined, and the environmental impact of that mining. Environmental concerns over the back end of the fuel cycle can be mitigated as well. Higher fuel burnup reduces the volume of spent fuels which needs to be disposed of. The transmutation of actinides and long-lived fission products into short-lived fission products would reduce the radiological hazard of the waste from thousands to hundreds of years. Recycling of uranium and/or plutonium in spent fuel reuses valuable fissile material, leaving only true waste to be disposed of. Advanced fuel cycles have an economical benefit as well, enabling a ceiling to be put on fuel cycle costs, which are

  2. Price of forest chips decreasing

    International Nuclear Information System (INIS)

    Hakkila, P.

    2001-01-01

    Use of forest chips was studied in 1999 in the national Puuenergia (Wood Energy) research program. Wood combusting heating plants were questioned about are the main reasons restricting the increment of the use of forest chips. Heating plants, which did not use forest chips at all or which used less than 250 m 3 (625 bulk- m 3 ) in 1999 were excluded. The main restrictions for additional use of forest chips were: too high price of forest chips; lack of suppliers and/or uncertainty of deliveries; technical problems of reception and processing of forest chips; insufficiency of boiler output especially in winter; and unsatisfactory quality of chips. The price of forest chips becomes relatively high because wood biomass used for production of forest chips has to be collected from wide area. Heavy equipment has to be used even though small fragments of wood are processed, which increases the price of chips. It is essential for forest chips that the costs can be pressed down because competition with fossil fuels, peat and industrial wood residues is hard. Low market price leads to the situation in which forest owner gets no price of the raw material, the entrepreneurs operate at the limit of profitability and renovation of machinery is difficult, and forest chips suppliers have to sell the chips at prime costs. Price of forest chips has decreased significantly during the past decade. Nominal price of forest chips is now lower than two decades ago. The real price of chips has decreased even more than the nominal price, 35% during the past decade and 20% during the last five years. Chips, made of small diameter wood, are expensive because the price includes the felling costs and harvesting is carried out at thinning lots. Price is especially high if chips are made of delimbed small diameter wood due to increased the work and reduced amount of chips. The price of logging residue chips is most profitable because cutting does not cause additional costs. Recovery of chips is

  3. Full tanks - empty plates. The price for agrian fuels. Hunger, expulsion, environmental destruction; Volle Tanks - leere Teller. Der Preis fuer Agrokraftstoffe. Hunger, Vertreibung, Umweltzerstoerung

    Energy Technology Data Exchange (ETDEWEB)

    Hees, W.; Mueller, O.; Schueth, M. (eds.)

    2007-07-01

    With the cereals, which is needed in order to fill a 100-Liter-tank of a jeep, one person can be nourished one year. Whether it ethically is justified to convert food into fuel, is one of the questions, which is discussed in the book under consideration. The agro fuels forced by the European Community and the U.S.A. have given rise to a gold-digger spirit in the agrarian industry. This also is applied to the Third World, where presently plantations of gigantic extent develop. The consequences are disastrous: loss of biodiversity, heating up of the world climate and hunger.

  4. The impact of future carbon prices on CCS investment for power generation in China

    International Nuclear Information System (INIS)

    Wu, Ning; Parsons, John E.; Polenske, Karen R.

    2013-01-01

    Carbon capture and storage (CCS) in China is currently discussed extensively but few in-depth analyses focusing on economics are observed. In this study, we answer two related questions about the development of CCS and power generation technologies in China: (1) what is the breakeven carbon-dioxide price to justify CCS installation investment for Integrated Gasification Combined Cycle (IGCC) and pulverized coal (PC) power plants, and, (2) what are the risks associated with investment for CCS. To answer these questions, we build a net present value model for IGCC and PC plants with capacity of 600 MW, with assumptions best representing the current technologies in China. Then, we run a sensitivity analysis of capital costs and fuel costs to reveal their impact on the carbon price, and analyze the risk on investment return caused by the carbon price volatility. Our study shows that in China, a breakeven carbon price of $61/tonne is required to justify investment on CCS for PC plants, and $72/tonne for IGCC plants. In this analysis, we also advise investors on the impact of capital and fuel costs on the carbon price and suggest optimal timing for CCS investment. - Highlights: ► We collect data on CCS and power generation which best represents technologies and costs in China. ► We model power plants' net present value to find the breakeven carbon prices. ► IGCC needs $72 per tonne to breakeven while PC requires $61 in China. ► Capital and fuel costs impact the carbon prices noticeably. ► We also examine the sensitivity, impact on return and time for investment

  5. Carbon price volatility: Evidence from EU ETS

    International Nuclear Information System (INIS)

    Feng, Zhen-Hua; Zou, Le-Le; Wei, Yi-Ming

    2011-01-01

    This paper examines carbon price volatility using data from the European Union Emission Trading Scheme from a nonlinear dynamics point of view. First, we use a random walk model, including serial correlation and variance ratio tests, to determine whether carbon price history information is fully reflected in current carbon price. The empirical research results show that carbon price is not a random walk: the price history information is not fully reflected in current carbon price. Second, use R/S, modified R/S and ARFIMA to analyse the memory of carbon price history. For the period April 2005-December 2008, the modified Hurst index of the carbon price is 0.4859 and the d value of ARFIMA is -0.1191, indicating short-term memory of the carbon price. Third, we use chaos theory to analyse the influence of the carbon market internal mechanism on carbon price, i.e., the market's positive and negative feedback mechanism and the heterogeneous environment. Chaos theory proves that the correlation dimension of carbon price increases. The maximal Lyapunov exponent is positive and large. There is no obvious complex endogenous phenomenon of nonlinear dynamics the carbon price fluctuation. The carbon market is mildly chaotic, showing both market and fractal market characteristics. Price fluctuation is not only influenced by the internal market mechanism, but is also impacted by the heterogeneous environment. Finally, we provide suggestions for regulation and development of carbon market.

  6. Flex cars and the alcohol price

    International Nuclear Information System (INIS)

    Ferreira, Alex Luiz; Da Silveira, Jaylson Jair; De Almeida Prado, Fernando Pigeard

    2009-01-01

    We build a model that incorporates the effect of the innovative 'flex' car, an automobile that is able to run with either gasoline or alcohol, on the dynamics of fuel prices in Brazil. Our model shows that differences regarding fuel prices will now depend on the proportions of alcohol, gasoline and flex cars in the total stock. Conversely, the demand for each type of car will also depend on the expected future prices of alcohol and gasoline (in addition to the car prices). The model reflects our findings that energy prices are tied in the long run and that causality runs stronger from gasoline to alcohol. The estimated error correction parameter is stable, implying that the speed of adjustment towards equilibrium remains unchanged. The latter result is probably due to a still small fraction of flex cars in the total stock (approx. 5%), despite the fact that its sales nearly reached 100% in 2006. (author)

  7. Incorporating the value of changes in price volatility into cost-benefit analysis-an application to oil prices in the transport sector

    DEFF Research Database (Denmark)

    Jensen, Thomas Christian; Møller, Flemming

    2010-01-01

    in the policy assessment taking into account the most significant correlations between prices of alternative fuels and between fuel prices and consumption in general. In the present paper, a method of valuing changes in price volatility based on portfolio theory is applied to some very simple transport...

  8. Transport fuel

    DEFF Research Database (Denmark)

    Ronsse, Frederik; Jørgensen, Henning; Schüßler, Ingmar

    2014-01-01

    Worldwide, the use of transport fuel derived from biomass increased four-fold between 2003 and 2012. Mainly based on food resources, these conventional biofuels did not achieve the expected emission savings and contributed to higher prices for food commod - ities, especially maize and oilseeds...

  9. Biofuels versus food production: Does biofuels production increase food prices?

    International Nuclear Information System (INIS)

    Ajanovic, Amela

    2011-01-01

    Rapidly growing fossil energy consumption in the transport sector in the last two centuries caused problems such as increasing greenhouse gas emissions, growing energy dependency and supply insecurity. One approach to solve these problems could be to increase the use of biofuels. Preferred feedstocks for current 1st generation biofuels production are corn, wheat, sugarcane, soybean, rapeseed and sunflowers. The major problem is that these feedstocks are also used for food and feed production. The core objective of this paper is to investigate whether the recent increase of biofuels production had a significant impact on the development of agricultural commodity (feedstock) prices. The most important impact factors like biofuels production, land use, yields, feedstock and crude oil prices are analysed. The major conclusions of this analysis are: In recent years the share of bioenergy-based fuels has increased moderately, but continuously, and so did feedstock production, as well as yields. So far, no significant impact of biofuels production on feedstock prices can be observed. Hence, a co-existence of biofuel and food production seems possible especially for 2nd generation biofuels. However, sustainability criteria should be seriously considered. But even if all crops, forests and grasslands currently not used were used for biofuels production it would be impossible to substitute all fossil fuels used today in transport.

  10. Day-ahead electricity prices forecasting by a modified CGSA technique and hybrid WT in LSSVM based scheme

    International Nuclear Information System (INIS)

    Shayeghi, H.; Ghasemi, A.

    2013-01-01

    Highlights: • Presenting a hybrid CGSA-LSSVM scheme for price forecasting. • Considering uncertainties for filtering in input data and feature selection to improve efficiency. • Using DWT input featured LSSVM approach to classify next-week prices. • Used three real markets to illustrate performance of the proposed price forecasting model. - Abstract: At the present time, day-ahead electricity market is closely associated with other commodity markets such as fuel market and emission market. Under such an environment, day-ahead electricity price forecasting has become necessary for power producers and consumers in the current deregulated electricity markets. Seeking for more accurate price forecasting techniques, this paper proposes a new combination of a Feature Selection (FS) technique based mutual information (MI) technique and Wavelet Transform (WT) in this study. Moreover, in this paper a new modified version of Gravitational Search Algorithm (GSA) optimization based chaos theory, namely Chaotic Gravitational Search Algorithm (CGSA) is developed to find the optimal parameters of Least Square Support Vector Machine (LSSVM) to predict electricity prices. The performance and price forecast accuracy of the proposed technique is assessed by means of real data from Iran’s, Ontario’s and Spain’s price markets. The simulation results from numerical tables and figures in different cases show that the proposed technique increases electricity price market forecasting accuracy than the other classical and heretical methods in the scientific researches

  11. Pricing effects on food choices.

    Science.gov (United States)

    French, Simone A

    2003-03-01

    Individual dietary choices are primarily influenced by such considerations as taste, cost, convenience and nutritional value of foods. The current obesity epidemic has been linked to excessive consumption of added sugars and fat, as well as to sedentary lifestyles. Fat and sugar provide dietary energy at very low cost. Food pricing and marketing practices are therefore an essential component of the eating environment. Recent studies have applied economic theories to changing dietary behavior. Price reduction strategies promote the choice of targeted foods by lowering their cost relative to alternative food choices. Two community-based intervention studies used price reductions to promote the increased purchase of targeted foods. The first study examined lower prices and point-of-purchase promotion on sales of lower fat vending machine snacks in 12 work sites and 12 secondary schools. Price reductions of 10%, 25% and 50% on lower fat snacks resulted in an increase in sales of 9%, 39% and 93%, respectively, compared with usual price conditions. The second study examined the impact of a 50% price reduction on fresh fruit and baby carrots in two secondary school cafeterias. Compared with usual price conditions, price reductions resulted in a four-fold increase in fresh fruit sales and a two-fold increase in baby carrot sales. Both studies demonstrate that price reductions are an effective strategy to increase the purchase of more healthful foods in community-based settings such as work sites and schools. Results were generalizable across various food types and populations. Reducing prices on healthful foods is a public health strategy that should be implemented through policy initiatives and industry collaborations.

  12. Natural gas: Fuel for urban fleets

    International Nuclear Information System (INIS)

    Mariani, F.

    1992-01-01

    The search for new ecological solutions for public transport has given an important role to natural gas for vehicles in the national context. Under current prices of fuel and costs of plants, the management of a bus fleet running on natural gas allows consistent savings, besides reducing the atmospheric pollution of urban centres. Within this context, solutions offered by current technology available on the market are examined. Low polluting emissions are taken into consideration and a complete analysis of costs and savings is reported. Reference is made to the Thermie European programme which calls for fuel diversification, energy conservation and air pollution abatement

  13. Electrochemical evaluation of sulfur poisoning in a methane-fuelled solid oxide fuel cell: Effect of current density and sulfur concentration

    DEFF Research Database (Denmark)

    Hagen, Anke; Johnson, Gregory B.; Hjalmarsson, Per

    2014-01-01

    , the effect of sulfur was less pronounced on mass transfer/fuel reforming processes but quite significant on the charge transfer/TPB processes. Overall, sulfur related performance loss was more severe at the highest current density (1 A cm−2), due to the deactivation of catalytic fuel reforming reactions......A Ni/ScYSZ based SOFC was tested at 1, 0.5, 0.25, and 0 (OCV) A cm−2 in methane fuel containing 0–100 ppm H2S. Analysis of cell voltage loss during short-term H2S poisoning showed that SOFC performance loss was generally larger at higher current loads. Separating the effect of H2S on catalytic...... reforming and electrochemical activity by evaluating the relevant area specific resistances and charge transfer processes based on impedance spectroscopy revealed that the poisoning of electrochemical activity was not dependent on current density. Two major anode processes were significantly affected...

  14. The effect of applied control strategy on the current-voltage correlation of a solid oxide fuel cell stack during dynamic operation

    Science.gov (United States)

    Szmyd, Janusz S.; Komatsu, Yosuke; Brus, Grzegorz; Ghigliazza, Francesco; Kimijima, Shinji; Ściążko, Anna

    2014-09-01

    This paper discusses the transient characteristics of the planar type SOFC cell stack, of which the standard output is 300 W. The transient response of the voltage to the manipulation of an electric current was investigated. The effects of the response and of the operating condition determined by the operating temperature of the stack were studied by mapping a current-voltage (I-V) correlation. The current-based fuel control (CBFC) was adopted for keeping the fuel utilization factor at constant while the value of the electric current was ramped at the constant rate. The present experimental study shows that the transient characteristics of the cell voltage are determined by primarily the operating temperature caused by the manipulation of the current. Particularly, the slope of the I-V curve and the overshoot found on the voltage was remarkably influenced by the operating temperature. The different values of the fuel utilization factor influence the height of the settled voltages. The CBFC has significance in determining the slope of the I-V characteristic, but the different values ofthe fuel utilization factor does not affect the slope as the operating temperature does. The CBFC essentially does not alter the amplitude of the overshoot on the voltage response, since this is dominated by the operating temperature and its change is caused by manipulating the current.

  15. The effect of applied control strategy on the current-voltage correlation of a solid oxide fuel cell stack during dynamic operation

    Directory of Open Access Journals (Sweden)

    Szmyd Janusz S.

    2014-09-01

    Full Text Available This paper discusses the transient characteristics of the planar type SOFC cell stack, of which the standard output is 300 W. The transient response of the voltage to the manipulation of an electric current was investigated. The effects of the response and of the operating condition determined by the operating temperature of the stack were studied by mapping a current-voltage (I-V correlation. The current-based fuel control (CBFC was adopted for keeping the fuel utilization factor at constant while the value of the electric current was ramped at the constant rate. The present experimental study shows that the transient characteristics of the cell voltage are determined by primarily the operating temperature caused by the manipulation of the current. Particularly, the slope of the I-V curve and the overshoot found on the voltage was remarkably influenced by the operating temperature. The different values of the fuel utilization factor influence the height of the settled voltages. The CBFC has significance in determining the slope of the I-V characteristic, but the different values ofthe fuel utilization factor does not affect the slope as the operating temperature does. The CBFC essentially does not alter the amplitude of the overshoot on the voltage response, since this is dominated by the operating temperature and its change is caused by manipulating the current.

  16. Understanding gasoline pricing in Canada

    International Nuclear Information System (INIS)

    Anon.

    2001-01-01

    Pricing policies for gasoline by Canadian oil companies are discussed. An attempt is made to demonstrate that competition between oil companies is extremely keen, and markups are so small that to stay in business, retail outlets have to sell huge volumes and sell non-fuel products, as a means to increase revenues and margins. An explanation is provided for why gasoline prices move in unison, and why what appears to the public as collusion and gouging is, in fact, the result of retail dealers attempting to stay in business. The high prices are attributed mainly to taxes by municipalities, the provinces and the federal government; taxes are said to account for 40 to 50 per cent of the pump price. The cost of crude makes up another 35 to 45 per cent, refining adds 10 to 15 per cent, with the remaining 5 to 10 per cent representing retail costs. (Taxes in the United States average 20 to 30 per cent). Over the longer term, gasoline prices consistently reflect the cost of crude oil, dominated by the OPEC countries which supply about 41 per cent of daily world production. Another factor is the rise of global and regional commodity markets for refined products such as gasoline. Commodity traders buy wholesale gasoline cheaply whenever it is in oversupply, and sell it for a profit into markets where the demand is greater. While this is claimed to ensure competitive prices in all markets, the practice can also trigger abrupt changes in regional markets

  17. Pricing offshore wind power

    International Nuclear Information System (INIS)

    Levitt, Andrew C.; Kempton, Willett; Smith, Aaron P.; Musial, Walt; Firestone, Jeremy

    2011-01-01

    Offshore wind offers a very large clean power resource, but electricity from the first US offshore wind contracts is costlier than current regional wholesale electricity prices. To better understand the factors that drive these costs, we develop a pro-forma cash flow model to calculate two results: the levelized cost of energy, and the breakeven price required for financial viability. We then determine input values based on our analysis of capital markets and of 35 operating and planned projects in Europe, China, and the United States. The model is run for a range of inputs appropriate to US policies, electricity markets, and capital markets to assess how changes in policy incentives, project inputs, and financial structure affect the breakeven price of offshore wind power. The model and documentation are made publicly available. - Highlights: → We calculate the Breakeven Price (BP) required to deploy offshore wind plants. → We determine values for cost drivers and review incentives structures in the US. → We develop 3 scenarios using today's technology but varying in industry experience. → BP differs widely by Cost Scenario; relative policy effectiveness varies by stage. → The low-range BP is below regional market values in the Northeast United States.

  18. Nuclear fuel cycle

    International Nuclear Information System (INIS)

    1993-01-01

    Status of different nuclear fuel cycle phases in 1992 is discussed including the following issues: uranium exploration, resources, supply and demand, production, market prices, conversion, enrichment; reactor fuel technology; spent fuel management, as well as trends of these phases development up to the year 2010. 10 refs, 11 figs, 15 tabs

  19. Cost and prices of electricity. Fossil fuels, nuclear power and renewable energy sources in comparison; Kosten und Preise fuer Strom. Fossile, Atomstrom und Erneuerbare Energien im Vergleich

    Energy Technology Data Exchange (ETDEWEB)

    Muehlenhoff, Joerg

    2011-09-15

    Consumers of electricity pay for production, transport and distribution as well as for taxes and dues. Electricity rates depend on various influencing factors, e.g. different fuel and capital cost of the power plants and the ratio of supply and demand in the electricity stock markets. End user electricity rats also include taxes and dues as well as the cost of power transmission. The publication presents background information on the formation of electricity rates in Germany. In a second step, the different cost factors of fossil fuels, nuclear power and renewable energy sources are compared. In particular, the external cost is gone into which often tends to be neglected in the electricity markets.

  20. Effect of sorbed methanol, current, and temperature on multicomponent transport in nafion-based direct methanol fuel cells.

    Science.gov (United States)

    Rivera, Harry; Lawton, Jamie S; Budil, David E; Smotkin, Eugene S

    2008-07-24

    The CO2 in the cathode exhaust of a liquid feed direct methanol fuel cell (DMFC) has two sources: methanol diffuses through the membrane electrode assembly (MEA) to the cathode where it is catalytically oxidized to CO2; additionally, a portion of the CO2 produced at the anode diffuses through the MEA to the cathode. The potential-dependent CO2 exhaust from the cathode was monitored by online electrochemical mass spectrometry (ECMS) with air and with H2 at the cathode. The precise determination of the crossover rates of methanol and CO2, enabled by the subtractive normalization of the methanol/air to the methanol/H2 ECMS data, shows that methanol decreases the membrane viscosity and thus increases the diffusion coefficients of sorbed membrane components. The crossover of CO2 initially increases linearly with the Faradaic oxidation of methanol, reaches a temperature-dependent maximum, and then decreases. The membrane viscosity progressively increases as methanol is electrochemically depleted from the anode/electrolyte interface. The crossover maximum occurs when the current dependence of the diffusion coefficients and membrane CO2 solubility dominate over the Faradaic production of CO2. The plasticizing effect of methanol is corroborated by measurements of the rotational diffusion of TEMPONE (2,2,6,6-tetramethyl-4-piperidone N-oxide) spin probe by electron spin resonance spectroscopy. A linear inverse relationship between the methanol crossover rate and current density confirms the absence of methanol electro-osmotic drag at concentrations relevant to operating DMFCs. The purely diffusive transport of methanol is explained in terms of current proton solvation and methanol-water incomplete mixing theories.

  1. Modeling the relationship between the oil price and global food prices

    International Nuclear Information System (INIS)

    Chen, Sheng-Tung; Kuo, Hsiao-I; Chen, Chi-Chung

    2010-01-01

    The growth of corn-based ethanol production and soybean-based bio-diesel production following the increase in the oil prices have significantly affect the world agricultural grain productions and its prices. The main purpose of this paper is to investigate the relationships between the crude oil price and the global grain prices for corn, soybean, and wheat. The empirical results show that the change in each grain price is significantly influenced by the changes in the crude oil price and other grain prices during the period extending from the 3rd week in 2005 to the 20th week in 2008 which implies that grain commodities are competing with the derived demand for bio-fuels by using soybean or corn to produce ethanol or bio-diesel during the period of higher crude oil prices in these recent years. The subsidy policies in relation to the bio-fuel industries in some nations engaging in bio-fuel production should be considered to avoid the consequences resulting from high oil prices. (author)

  2. Energy prices and taxes

    International Nuclear Information System (INIS)

    2004-01-01

    Energy Prices and Taxes contains a major international compilation of energy prices at all market levels: import prices, industry prices and consumer prices. The statistics cover main petroleum products, gas, coal and electricity, giving for imported products an average price both for importing country and country of origin. Every issue includes full notes on sources and methods and a description of price mechanisms in each country

  3. MARKET ECONOMICS PRICING PARTICULARS

    Directory of Open Access Journals (Sweden)

    V. I. Parshin

    2011-01-01

    Full Text Available The price performs several economic functions: accounting, stimulation, distribution, demand and offer balancing, serving as production site rational choice criterion, information. Most important pricing principles are: price scientific and purpose-aimed substantiation, single pricing and price control process. Pricing process factors are external, internal, basic (independent on money-market, market-determined and controlling. Different pricing methods and models are to be examined, recommendations on practical application of those chosen are to be written.

  4. A propane price spike nails users

    International Nuclear Information System (INIS)

    Milke, M.

    1997-01-01

    The increase in price for propane was discussed. In 1993, propane cost about 5 cents per litre; by December 1996, the price has risen to 27 cents wholesale, while retail prices for auto propane reached 40 cents per litre. As a result, farmers and fleet operators are considering switching to an alternative energy supply. The five factors which may have played a role in the propane price spike were described. These included a cold winter which lowered inventories, a Pemex gas plant in Mexico which had been damaged by fire, forcing Mexico to import natural gas and natural gas liquids from the USA, the failure of propane distributors to restock during the summer months in the hope of lower prices, and increased cost of competing fuels in the face of increased demand. It was noted that these factors are transitory, which could mean better prices this summer

  5. Price Comovement Between Biodiesel and Natural Gas

    OpenAIRE

    Janda, Karel; Kourilek, Jakub

    2016-01-01

    We study relationship between biodiesel, as a most important biofuel in the EU, relevant feedstock commodities and fossil fuels. Our main interest is to capture relationship between biodiesel and natural gas. They are both used either directly as a fuel or indirectly in form of additives in transport. Therefore, our purpose is to �nd price linkage between biofuel and natural gas to support or reject the claim that they compete as alternative fuels and potential substitutes. The estimated p...

  6. Wholesale pricing policies for energy in developing countries

    International Nuclear Information System (INIS)

    de Lucia, R. J.

    1990-01-01

    This chapter focuses on wholesale pricing policies with particular emphasis on domestic fuels. There are several characteristics of the supply system that affect wholesale pricing: Source of the fuel (imported or domestic); Characteristics of the fuel (tradable or non-tradable); Nature of the supply companies (public or private and, if private, local or multinational); and stage of development of the resource. Each of these characteristics has implications for how the components of the efficient wholesale price of fuels are determined. (author). 13 refs., 3 figs., 5 tabs

  7. Fuel supply security

    International Nuclear Information System (INIS)

    Wakabayashi, Hiroaki

    1987-01-01

    Stable fuel supply is a prerequisite for any nuclear power program including ISER-PIUS. It encompasses procurement of uranium ore, enriched uranium and fuel elements. Uranium is different from oil in that it can be stockpiled for more than a decade besides the fact that the core residence time is as long as six years, for example in the case of ISER-PIUS. These basic fuel characteristics are favoring nuclear fuel over others in terms of supply security. The central concern will be a gradual increase in prices of uranium and enrichment. Under the present glut situation with the worldwide prevalence of LWRs, fuel supply security seems ensured for the time being till the middle of 21st century. It is estimated that by the turn of the century, the free world will have roughly 450 GWe capacity of nuclear power. If 10 % is supplied for ISER-PIUS, more than 200 modules of 200 MWe ISER-PIUS may be deployed all over the world probably starting around 2000. As part of the fuel supply security consideration, heavy water reactor (HWR) may seem interesting to such a country as Indonesia where there is uranium resources but no enrichment capability. But it needs heavy water instead and the operation is not so easy as of LWR, because of the positive void coefficient as was seen at the Chernobyl-4. Safeguarding of the fuel is also difficult, because it lends itself to on line refueling. The current and future situation of the fuel supply security for LWR seem well founded and established long into the future. (Nogami, K.)

  8. The Impact of Oil Prices on Irish Inflation

    OpenAIRE

    O'Brien, Derry; Weymes, Laura

    2010-01-01

    Oil prices have been characterised by large fluctuations in recent years. Strong volatility in oil prices has important implications for the Irish economy as Ireland has a relatively poor fuel endowment and relies heavily on imported oil. Energy price increases have been one of the principal drivers behind HICP inflation rates in Ireland in recent years. This article highlights the distinctive features of the Irish energy market which render the impact of oil price changes on Irish inflation ...

  9. Explaining European Emission Allowance Price Dynamics: Evidence from Phase II

    OpenAIRE

    Wilfried Rickels; Dennis Görlich; Gerrit Oberst

    2010-01-01

    In 2005, the European Emission Trading Scheme (EU-ETS) established a new commodity: the right to emit a ton of CO2 (EUA). Since its launch, the corresponding price has shown rather turbulent dynamics, including nervous reactions to policy announcements and a price collapse after a visible over-allocation in Phase I. As a consequence, the question whether fundamental factors (fossil fuel prices, economic activity, weather) affect the EUA price remained partially unresolved. Today, being halfwa...

  10. Determinants of agro-food price changes in Slovenia

    OpenAIRE

    Gričar, Sergej; Bojnec, Štefan

    2013-01-01

    This paper investigates the impacts of the current economic developments, the Euro adoption, and input prices on the consumer food prices. The focus of the analysis is on the consumer food price developments during the Slovenian adjustments towards the European Union membership, the Euro adoption by the followed increased in consumer prices, and the current economic and financial conditions. The empirical analysis on the determinants of the consumer food prices is based on the monthly statist...

  11. The price of natural gas

    International Nuclear Information System (INIS)

    Bakhtiari, A.M.S.

    2001-01-01

    Natural gas used to be a relatively cheap primary energy source, always at a discount to crude oil (on a comparative British thermal unit basis). It gradually evolved into a major resource during the 20th century - reaching a 24 per cent share of global primary energy in 1999. In the year 2000, natural gas prices in the USA rose to unheard-of highs of 10/million US dollars Btu, ushering in a new era, with natural gas at a 120 per cent premium to crude oil. This clearly was a watershed for gas, somehow similar to the 1973-74 watershed for oil prices. And similarly, any return to the status quo-ante looks rather improbable, although a number of experts (alongside the International Energy Agency) still believe the 2000 price 'spike' to have been ''only transitory''. The consequences of higher gas prices (at a level equal to crude oil prices on a Btu basis) will be multifaceted and momentous, altering habits and uses in downstream industries and economic sectors, as well as providing added income for major gas-exporters, such as Russia, Canada and Algeria. Another potential consequence of the 2000 watershed might be to propel US standard prices (such as the 'Henry Hub' spot) to international status and gas price-setter, as the 'WTI spot' became an 'international benchmark' for crude oils in the post-1993 era. For the time being, the equality of gas and oil prices has become the new norm; but, in the longer term, a discount of crude oil relative to natural gas might be envisaged, as the latter is a cleaner fuel and emits less carbon dioxide when used. (author)

  12. A Countrywide House Price Index for 152 Years

    DEFF Research Database (Denmark)

    Lunde, Jens; Helding Madsen, Anders; Lundbæk Laursen, Maria

    for Herengracht (the Netherlands), Norway, USA, France, and recently also Australia. Until now, the here presented house price index for Denmark is the longest countrywide house price index ever been published, based on official data, and qualitatively probably the best long house price index....... in house prices is depicted. The Danish house price index covering all the 152 years is in reality a simple average sale price index for houses. From 1920 on it was possible to construct another and a “pure” house price index, based on the Sales Price Appraisal Ratio (SPAR) method. Several challenges...... for creating the house price index arose, especially in converting the previous registered house prices in the statistics into current market prices. In real terms, the average sale price index increased more than the SPAR index for the years where the two indices were compared, and the difference express...

  13. Eddy current examination of the nuclear fuel elements with aluminum 1100-F cladding of IPR-R1 research reactor: An initial study

    International Nuclear Information System (INIS)

    Silva, Roger F. da; Silva Júnior, Silvério F. da; Frade, Rangel T.; Rodrigues, Juliano S.

    2017-01-01

    Tubes of aluminum 1100-F as well as tubes of AISI 304 stainless steel are used as cladding of the fuel elements of TRIGA IPR-R1 nuclear research reactor. Usually, these tubes are inspected by means of visual test and sipping test. The visual test allows the detection of changes occurred at the external fuel elements surface, such as those promoted by corrosion processes. However, this test method cannot be used for detection of internal discontinuities at the tube walls. Sipping test allows the detection of fuel elements whose cladding has failed, but it is not able to determine the place where the discontinuity is located. On the other hand, eddy current testing, an electromagnetic nondestructive test method, allows the detection of discontinuities and monitoring their growth. In previous works, the application of eddy current testing to evaluate the AISI 304 cladding fuel elements of TRIGA IPR-R1 was studied. In this paper, it is proposed an initial study about the use of eddy current testing for detection and characterization of discontinuities in the aluminum 1100-F fuel elements cladding. The study includes the development of probes and the design and manufacture of reference standards. (author)

  14. Eddy current examination of the nuclear fuel elements with aluminum 1100-F cladding of IPR-R1 research reactor: An initial study

    Energy Technology Data Exchange (ETDEWEB)

    Silva, Roger F. da; Silva Júnior, Silvério F. da; Frade, Rangel T. [Centro de Desenvolvimento da Tecnologia Nucelar (CDTN/CNEN-MG), Belo Horizonte, MG (Brazil); Rodrigues, Juliano S., E-mail: rfs@cdtn.br, E-mail: silvasf@cdtn.br, E-mail: rtf@cdtn.br [Universidade Federal de Minas Gerais (UFMG), Belo Horizonte, MG (Brazil)

    2017-07-01

    Tubes of aluminum 1100-F as well as tubes of AISI 304 stainless steel are used as cladding of the fuel elements of TRIGA IPR-R1 nuclear research reactor. Usually, these tubes are inspected by means of visual test and sipping test. The visual test allows the detection of changes occurred at the external fuel elements surface, such as those promoted by corrosion processes. However, this test method cannot be used for detection of internal discontinuities at the tube walls. Sipping test allows the detection of fuel elements whose cladding has failed, but it is not able to determine the place where the discontinuity is located. On the other hand, eddy current testing, an electromagnetic nondestructive test method, allows the detection of discontinuities and monitoring their growth. In previous works, the application of eddy current testing to evaluate the AISI 304 cladding fuel elements of TRIGA IPR-R1 was studied. In this paper, it is proposed an initial study about the use of eddy current testing for detection and characterization of discontinuities in the aluminum 1100-F fuel elements cladding. The study includes the development of probes and the design and manufacture of reference standards. (author)

  15. Design of current source DC/DC converter and inverter for 2kW fuel cell application

    DEFF Research Database (Denmark)

    Andreiciks, A.; Steiks, I.; Krievs, O.

    2013-01-01

    In order to use hydrogen fuel cell in domestic applications either as main power supply or backup power source, the low DC output voltage of the fuel cell has to be matched to the voltage level and frequency of the utility grid AC voltage. The interfacing power converter systems usually consist...... system is designed for interfacing a 2kW proton exchange membrane (PEM) fuel cell....

  16. Analysis of Cryptocurrencies Price Development

    OpenAIRE

    Jan Lansky

    2016-01-01

    Cryptocurrencies are a type of digital currencies based on cryptography principles. Cryptocurrencies are a unique combination of three characteristics: they provide anonymity, they are independent of central authority and they provide protection from double spending attack. The aim of this paper is to capture trends in the area of significant cryptocurrencies price developments and to explain their causes. The current research in this area is exclusively limited to an analysis of the price de...

  17. The current state of development works for manufacturing and methods of controlling the nuclear fuel for NPPs of Ukraine

    International Nuclear Information System (INIS)

    Odeychuk, N.P.; Levenets, V.V.; Krasnorutsky, V.S.

    2000-01-01

    The paper presents the results of NSC KIPT researches on manufacturing the fuel microspheres and pellets based on uranium dioxide. The data on fuel characteristics for different manufacturing stages are given. The problems of improving the fuel quality with changing the structure characteristics of pellets are considered. Demonstrated is the hardware for pellet controlling and presented are the new ways for developing the methods of controlling the nuclear fuel: X-ray fluorescent analysis; complex of nuclear-physical methods on the base of accelerators; laser-excitation energy-mass-spectrometer. (author)

  18. Does energy-price regulation benefit China's economy and environment? Evidence from energy-price distortions

    International Nuclear Information System (INIS)

    Ju, Keyi; Su, Bin; Zhou, Dequn; Wu, Junmin

    2017-01-01

    China's energy prices have long been regulated due to the critical role energy plays in economic growth and social development, which leads to energy-price distortion to some extent. To figure out whether energy-price regulations will benefit China's economy (measured by GDP growth) and environment (measured by carbon emissions), we conducted an in-depth simulation using path analysis, where five energy products (natural gas, gasoline, fuel oil, steam coal, and coking coal) are selected and three measurements (absolute, relative, and moving) of energy-price distortions are calculated. The results indicate that, with a series of energy pricing policies, the price distortion for a single type of energy has gradually transformed, while the energy pricing system in China is not fully market-oriented yet. Furthermore, China's economy benefits from relative and moving distortions, while the absolute distortions of energy prices have negative impacts on economic growth. Finally, with regard to the environment, carbon emissions call for fewer distortions. - Highlights: • Price distortion for a single type of energy has gradually transformed. • Energy pricing system in China is not yet fully market-oriented. • China's economy benefits from relative and moving distortions. • Absolute distortions of energy prices have negative effects on economic growth. • Carbon emissions call for less pricing distortions.

  19. Energy prices and agricultural commodity prices: Testing correlation using copulas method

    International Nuclear Information System (INIS)

    Koirala, Krishna H.; Mishra, Ashok K.; D'Antoni, Jeremy M.; Mehlhorn, Joey E.

    2015-01-01

    The linear relationships between energy prices and prices for agricultural commodities such as corn and soybeans may have been affected, over the last several years, by policy legislations in the farm sector, the Energy Independence and Security Act of 2007, and the Renewable Fuel Standard Program for 2014. Using high-frequency data and newer methodology, this study investigates dependence between agricultural commodity futures prices and energy futures prices. Results reveal that agricultural commodity and energy future prices are highly correlated and exhibit positive and significant relationship. Findings from this study highlight that an increase in energy price increases the price of agricultural commodities. - Highlights: • Energy policy mandates production of 15 billion gallons of corn ethanol by 2015. • Energy-intensive agriculture has a link between energy sector and crop production costs. • We investigate correlation between energy prices and agricultural commodity prices. • Agricultural commodity and energy future prices are highly correlated. • Increase in energy price increases the price of agricultural commodity

  20. Energy prices, equalization and federalism

    Energy Technology Data Exchange (ETDEWEB)

    Courchene, T.J. [Queen' s Univ., Kingston, ON (Canada). School of Policy Studies

    2005-10-01

    A rise in oil prices over the last 30 years has shaped the debate on the equalization formula as well as the nature of fiscal federalism. The oil shocks of 1973 and 1979 contributed to the creation of the National Energy Program (NEP) in 1980 and the Energy Pricing and Taxation Agreement (EPTA) between Ottawa and Alberta in 1981. The current surge in oil prices, to recent highs of $70 a barrel has resulted in a new debate on energy pricing, equalization and fiscal frameworks. This article presented a review of the history of oil and federalism, and proposed a remedy to the horizontal fiscal imbalance by allocating the fixed equalization pool in accordance with fiscal capacity disparities relating to non-resource revenues. An interprovincial revenue-sharing pool was suggested for resource revenues, agreed to and operated by the provinces. It was suggested that after the price spike in 1973 in which the price of oil tripled, a key part of the rationale for imposing export taxes on oil equal to the difference between domestic and world prices was that the federal government could subsidize oil imports into eastern Canada and maintain a uniform domestic price across the country. By continuing to subsidize imports and maintaining a domestic price below the world price, the government has been diverting potential energy revenues from energy-rich provinces and transferring them directly to Canadians in terms of subsidized energy prices. It was noted that energy price surges cannot send equalization payments soaring as they did before because of the 2004 Framework Agreement, in which the overall equalization will be increased to $10.9 billion. A 2-tier approach to equalization was presented, in which it was suggested that the $10.9 billion pool should be allocated with fiscal capacity disparities relating to non-resource revenues. The creation of a revenue sharing pool for resource revenues was recommended. It was suggested that the 2 approaches will result in a strategic