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Sample records for energy options analysis

  1. NANA Strategic Energy Plan & Energy Options Analysis

    Energy Technology Data Exchange (ETDEWEB)

    Jay Hermanson; Brian Yanity

    2008-12-31

    Biomass Feasibility analysis in the upper Kobuk; • Run of the river hydroelectric development for the Upper Kobuk; • Solar photovoltaic (PV) power demonstration projects for Noatak, Ambler, Selawik, Kiana, and Noorvik; • Heat Recovery for several communities; In September 2008, the NRC team participated at the Alaska Rural Energy Conference in Girdwood, Alaska In November 2008, the NRC team gave a presentation on the NANA regional energy plans at a DOE Tribal Energy Program conference in Denver, Colorado. In January 2009, the final SEP report was submitted to NRC.

  2. Energy options

    International Nuclear Information System (INIS)

    Hampton, Michael

    1999-01-01

    This chapter focuses on energy options as a means of managing exposure to energy prices. An intuitive approach to energy options is presented, and traditional definitions of call and put options are given. The relationship between options and swaps, option value and option exercises, commodity options, and option pricing are described. An end-user's guide to energy option strategy is outlined, and straight options, collars, participating swaps and collars, bull and bear spreads, and swaption are examined. Panels explaining the defining of basis risk, and discussing option pricing and the Greeks, delta hedging, managing oil options using the Black-Scholes model, caps, floors and collars, and guidelines on hedging versus speculation with options are included in the paper

  3. Solar energy options: Technical economic analysis

    Energy Technology Data Exchange (ETDEWEB)

    Visentin, R

    1982-01-01

    A general system approach on the earth suggests the conversion and distribution of solar energy as electricity, gas, solid and liquid fuels; the historical trend in energy management techniques is in favour of this hard technical proposal, because experience there exists on methods of transmission or transportation of previous kinds of energy vectors mentioned, and small changes in lifestyles toward energy conservation have to be considered in the final uses of the energy. Less hard system technologies will permit direct heat and electricity production close to the channels of energy consumptions; these systems will function as energy savers and their full exploitation implies greater impacts on energy use and lifestyles. As a general trend for government policies as well as for public decision impact on the social decision process, the proliferation of solar systems would permit to produce energy for the 'flowing energetic consumptions' (civil, transportation, agriculture, telecommunications, lighting, etc.) while the not renewable fuels could be properly invested in the production of strategic or durable materials; in this scheme the role of renewable resources is well defined to stabilize the whole civil system in which we are at present organized.

  4. Net energy analysis - powerful tool for selecting elective power options

    Energy Technology Data Exchange (ETDEWEB)

    Baron, S. [Brookhaven National Laboratory, Upton, NY (United States)

    1995-12-01

    A number of net energy analysis studies have been conducted in recent years for electric power production from coal, oil and uranium fuels; synthetic fuels from coal and oil shale; and heat and electric power from solar energy. This technique is an excellent indicator of investment costs, environmental impact and potential economic competitiveness of alternative electric power systems for energy planners from the Eastern European countries considering future options. Energy conservation is also important to energy planners and the net energy analysis technique is an excellent accounting system on the extent of energy resource conservation. The author proposes to discuss the technique and to present the results of his studies and others in the field. The information supplied to the attendees will serve as a powerful tool to the energy planners considering their electric power options in the future.

  5. Applying real options analysis to assess cleaner energy development strategies

    International Nuclear Information System (INIS)

    Cheng, Ching-Tsung; Lo, Shang-Lien; Lin, Tyrone T.

    2011-01-01

    The energy industry, accounts for the largest portion of CO 2 emissions, is facing the issue of compliance with the national clean energy policy. The methodology for evaluating the energy mix policy is crucial because of the characteristics of lead time embedded with the power generation facilities investment and the uncertainty of future electricity demand. In this paper, a modified binomial model based on sequential compound options, which may account for the lead time and uncertainty as a whole is established, and a numerical example on evaluating the optional strategies and the strategic value of the cleaner energy policy is also presented. It is found that the optimal decision at some nodes in the binomial tree is path dependent, which is different from the standard sequential compound option model with lead time or time lag concept. The proposed modified binomial sequential compound real options model can be generalized and extensively applied to solve the general decision problems that deal with the long lead time of many government policies as well as capital intensive investments. - Highlights: → Introducing a flexible strategic management approach for government policy making. → Developing a modified binomial real options model based on sequential compound options. → Proposing an innovative model for managing the long term policy with lead time. → Applying to evaluate the options of various scenarios of cleaner energy strategies.

  6. Energy exotic options

    International Nuclear Information System (INIS)

    Kaminski, V.; Gibner, S.; Pinnamaneni, K.

    1999-01-01

    This chapter with 88 references focuses on the use of exotic options to control exposure to energy prices. Exotic options are defined, and the conversion of a standard option into an exotic option and pricing models are examined. Pricing and hedging exotic options, path-dependent options, multi-commodity options, options on the minimum-or-maximum of two commodities, compound options, digital options, hybrid and complex structures, and natural gas daily options are described. Formulas for option pricing for vanilla, barrier, compound, options on minimum or maximum of two assets, and look back options are given in an appendix

  7. Long term energy system analysis of Japan based on 'options for energy and environment' by the energy and environmental council

    International Nuclear Information System (INIS)

    Hagiwara, Naoto; Kurosawa, Atsushi

    2013-01-01

    Implications to Japanese energy system are discussed especially in terms of primary energy supply and power generation portfolio, using sensitivity analysis results by an optimization type energy model based on TIMES modeling framework. We updated energy service demand, efficiency in energy conversion and consumption, and power generation costs based on the recent energy policy document called 'Options for Energy and Environment'. The time horizon of the model is 2050. The sensitivity analysis results are presented for 'Three scenarios for 2030' including nuclear phase out scenarios with/without CO 2 emission constraint. The results are compared with 'Options for Energy and Environment'. (author)

  8. Energy options?; Energie opties?

    Energy Technology Data Exchange (ETDEWEB)

    Van Sark, W. (ed.)

    2006-05-15

    March 2006 the so-called Options Document was published by the Energy research Centre of the Netherlands (ECN) and the Netherlands Environmental Assessment Agency (MNP). The document is an overview of technical options to reduce energy consumption and emission of greenhouse gases up to 2020. Next to a brief summary of the document a few reactions and comments on the contents of the document are given. [Dutch] Maart 2006 publiceerde het Energieonderzoek Centrum Nederland (ECN) en het Milieu- en Natuurplanbureau (MNP) het zogenaamde Optiedocument energie en emissies 2010-2020. Daarin wordt een overzicht gegeven van de technische mogelijkheden voor vermindering van het energieverbruik en de uitstoot van broeikasgassen en luchtverontreinigende stoffen tot 2020. Naast een korte samenvatting van het document worden enkele reacties gegeven op de inhoud.

  9. Distributed Energy Implementation Options

    Energy Technology Data Exchange (ETDEWEB)

    Shah, Chandralata N [National Renewable Energy Laboratory (NREL), Golden, CO (United States)

    2017-09-13

    This presentation covers the options for implementing distributed energy projects. It distinguishes between options available for distributed energy that is government owned versus privately owned, with a focus on the privately owned options including Energy Savings Performance Contract Energy Sales Agreements (ESPC ESAs). The presentation covers the new ESPC ESA Toolkit and other Federal Energy Management Program resources.

  10. Shungnak Energy Configuration Options.

    Energy Technology Data Exchange (ETDEWEB)

    Rosewater, David Martin [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Eddy, John P. [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States)

    2017-10-01

    Power systems in rural Alaska villages face a unique combination of challenges that can increase the cost of energy and lowers energy supply reliability. In the case of the remote village of Shungnak, diesel and heating fuel is either shipped in by barge or flown in by aircraft. This report presents a technical analysis of several energy infrastructure upgrade and modification options to reduce the amount of fuel consumed by the community of Shungnak. Reducing fuel usage saves money and makes the village more resilient to disruptions in fuel supply. The analysis considers demand side options, such as energy efficiency, alongside the installation of wind and solar power generation options. Some novel approaches are also considered including battery energy storage and the use of electrical home heating stoves powered by renewable generation that would otherwise be spilled and wasted. This report concludes with specific recommendations for Shungnak based on economic factors, and fuel price sensitivity. General conclusions are also included to support future work analyzing similar energy challenges in remote arctic regions.

  11. Large scale scenario analysis of future low carbon energy options

    International Nuclear Information System (INIS)

    Olaleye, Olaitan; Baker, Erin

    2015-01-01

    In this study, we use a multi-model framework to examine a set of possible future energy scenarios resulting from R&D investments in Solar, Nuclear, Carbon Capture and Storage (CCS), Bio-fuels, Bio-electricity, and Batteries for Electric Transportation. Based on a global scenario analysis, we examine the impact on the economy of advancement in energy technologies, considering both individual technologies and the interactions between pairs of technologies, with a focus on the role of uncertainty. Nuclear and CCS have the most impact on abatement costs, with CCS mostly important at high levels of abatement. We show that CCS and Bio-electricity are complements, while most of the other energy technology pairs are substitutes. We also examine for stochastic dominance between R&D portfolios: given the uncertainty in R&D outcomes, we examine which portfolios would be preferred by all decision-makers, regardless of their attitude toward risk. We observe that portfolios with CCS tend to stochastically dominate those without CCS; and portfolios lacking CCS and Nuclear tend to be stochastically dominated by others. We find that the dominance of CCS becomes even stronger as uncertainty in climate damages increases. Finally, we show that there is significant value in carefully choosing a portfolio, as relatively small portfolios can dominate large portfolios. - Highlights: • We examine future energy scenarios in the face of R&D and climate uncertainty. • We examine the impact of advancement in energy technologies and pairs of technologies. • CCS complements Bio-electricity while most technology pairs are substitutes. • R&D portfolios without CCS are stochastically dominated by portfolios with CCS. • Higher damage uncertainty favors R&D development of CCS and Bio-electricity

  12. Alternative energy options

    International Nuclear Information System (INIS)

    Bennett, K.F.

    1983-01-01

    It is accepted that coal will continue to play the major role in the supply of energy to the country for the remainder of the century. In this paper, however, emphasis has been directed to those options which could supplement coal in an economic and technically sound manner. The general conclusion is that certain forms of solar energy hold the most promise and it is in this direction that research, development and implementation programmes should be directed. Tidal energy, fusion energy, geothermal energy, hydrogen energy and fuel cells are also discussed as alternative energy options

  13. REAL OPTIONS ANALYSIS – ASSESSMENT METHOD OF INVESTMENT PROJECTS IN GREEN ENERGY

    Directory of Open Access Journals (Sweden)

    MAFTEI DANIEL

    2014-10-01

    Full Text Available This article highlights the importance of real options as a evaluation method of investment in green energy. Article consider several theoretical and practical approaches, the analysis based on real options by many authors who have theorized and used this method. Each approach provides a operationalisation through a steps series of specific evaluation. This paper highlights the different views: academics, financiers, managers and facilitates the access to an accurate evaluation decisions of projects.

  14. Idaho's Energy Options

    Energy Technology Data Exchange (ETDEWEB)

    Robert M. Neilson

    2006-03-01

    This report, developed by the Idaho National Laboratory, is provided as an introduction to and an update of the status of technologies for the generation and use of energy. Its purpose is to provide information useful for identifying and evaluating Idaho’s energy options, and for developing and implementing Idaho’s energy direction and policies.

  15. Clean Energy Policy Analysis: Impact Analysis of Potential Clean Energy Policy Options for the Hawaii Clean Energy Initiative (HCEI)

    Energy Technology Data Exchange (ETDEWEB)

    Busche, S.; Doris, E.; Braccio, R.; Lippert, D.; Finch, P.; O' Toole, D.; Fetter, J.

    2010-04-01

    This report provides detailed analyses of 21 clean energy policy options considered by the Hawaii Clean Energy Initiative working groups for recommendation to the 2010 Hawaii State Legislature. The report considers the impact each policy may have on ratepayers, businesses, and the state in terms of energy saved, clean energy generated, and the financial costs and benefits. The analyses provide insight into the possible impacts, both qualitative and quantitative, that these policies may have in Hawaii based on the experience with these policies elsewhere. As much as possible, the analyses incorporate Hawaii-specific context to reflect the many unique aspects of energy use in the State of Hawaii.

  16. Analysis on one type of swing option in the energy market

    International Nuclear Information System (INIS)

    Mistry, Hetal A.

    2005-01-01

    In the Nordic electricity market most of the trading takes place in derivates and options. To describe these products theoretically one needs to have knowledge from stochastic analysis. This thesis will derive a price model for one type of swing option in energy market. The main aim of writing this thesis is to introduce coal power plant and how to approach the problem if such power plant is built in Norway. This thesis uses the approach where I start out with a model for the spot price of electricity and coal, and then derive theoretical option prices. I use a Schwartz process for model and Ornstein Uhlenbeck processes to model the spot prices for electricity and coal. This model also incorporates mean-reversion, which is an important aspect of energy prices. Historical data for the spot prices is used to estimate my variables in the Schwartz model. The main objectives of this thesis were to find the price for a tolling contract in energy market and production volume that is producers control function. The first chapters gives an over view about the agreement and the formula used to derive the price. The second chapter provided me with the material I needed to derive these price and production volume such as dynamics for the spot prices for electricity and coal and their solution. Third chapter gives a statistical look on these stochastic processes. In the last chapter I tested the price model for stochastic control problem and found that the swing option can be bound in two ways: 1. Swing option limited as Margrabes solution. 2. Swing option limited as spread option. The use of the model is discussed. (Author)

  17. Life-cycle cost analysis of energy efficiency design options for residential furnaces and boilers

    Energy Technology Data Exchange (ETDEWEB)

    Lutz, J.; Lekov, A.; Chan, P.; Dunham Whitehead, C.; Meyers, S.; McMahon, J. [Lawrence Berkeley National Laboratory, Berkeley, CA (United States). Environmental Energy Technologies Div.

    2006-03-01

    In 2001, the US Department of Energy (DOE) initiated a rulemaking process to consider whether to amend the existing energy efficiency standards for furnaces and boilers. A key factor in DOE's consideration of new standards is the economic impacts on consumers of possible revisions to energy-efficiency standards. Determining cost-effectiveness requires an appropriate comparison of the additional first cost of energy efficiency design options with the savings in operating costs. DOE's preferred approach involves comparing the total life-cycle cost (LCC) of owning and operating a more efficient appliance with the LCC for a baseline design. This study describes the method used to conduct the LCC analysis and presents the estimated change in LCC associated with more energy-efficient equipment. The results indicate that efficiency improvement relative to the baseline design can reduce the LCC in each of the product classes considered. (author)

  18. Life-cycle cost analysis of energy efficiency design options for residential furnaces and boilers

    International Nuclear Information System (INIS)

    Lutz, James; Lekov, Alex; Chan, Peter; Whitehead, Camilla Dunham; Meyers, Steve; McMahon, James

    2006-01-01

    In 2001, the US Department of Energy (DOE) initiated a rulemaking process to consider whether to amend the existing energy efficiency standards for furnaces and boilers. A key factor in DOE's consideration of new standards is the economic impacts on consumers of possible revisions to energy-efficiency standards. Determining cost-effectiveness requires an appropriate comparison of the additional first cost of energy efficiency design options with the savings in operating costs. DOE's preferred approach involves comparing the total life-cycle cost (LCC) of owning and operating a more efficient appliance with the LCC for a baseline design. This study describes the method used to conduct the LCC analysis and presents the estimated change in LCC associated with more energy-efficient equipment. The results indicate that efficiency improvement relative to the baseline design can reduce the LCC in each of the product classes considered

  19. Contemplating future energy options

    International Nuclear Information System (INIS)

    Pooley, D.

    2005-01-01

    All political parties in the UK accept that we should move away from our reliance on fossil fuels towards a much greater use of alternative energy technologies. Nuclear power is one of these but finds minimal support in the political spectrum. The article reviews the European Commission's Advisory Group on Energy submission to the EC's report entitled 'Key Tasks for European Energy R and D'. The 'strength and weaknesses' of the various 'alternative energy' systems (including nuclear power) are summarised and then the key R and D tasks which, if they are carried out successfully, should make the eight selected technologies significantly more attractive. However, the message here is clear enough: there are no easy options, only a range of very imperfect possibilities, despite what enthusiastic proponents of each may say. Nuclear fission is certainly one of the most attractive options available, but the industry needs to continue to strive to eliminate the possibility of significant off-site releases, whether caused by plant failure or by human error or intention, and to prove beyond reasonable doubt the safety of high-level radioactive waste disposal. (author)

  20. Energy supply options for Lithuania: A detailed multi-sector integrated energy demand, supply and environmental analysis

    International Nuclear Information System (INIS)

    2004-09-01

    The Technical Co-operation (TC) project Energy Supply Options for Lithuania: A Detailed Multi-Sector Integrated Energy Demand, Supply and Environmental Analysis (LIT/0/004) was implemented 2001-2002 by a national team with support from the International Atomic Energy Agency (IAEA). The principal objective of the project was to conduct a comprehensive assessment of Lithuania's future energy supply options taking into consideration the early closure of the Ignalina nuclear power plant (Ignalina NPP). Lithuania, a country in transition to full membership of the European Union, has to comply with the energy acquis (Chapter 14). The 'acquis communautaire' (the body of common rights and obligations which bind all the Member States together) must be adopted by all applicant countries. Implementing the acquis requires not only adequate legislation, well functioning institutions (e.g. a regulatory body as required in the electricity and gas directives) or schedules for restructuring the energy sector but also measures to enhance energy supply security, improvement of energy networks, efficiency improvements throughout the energy system and compliance with European environmental standards. Within the overall context of the transition to EU membership, this study focuses on the future development of the electricity sector and the impacts on energy supply security and environmental performance of a closure of Ignalina NPP by 2009, a pre-condition for accession stipulated by the European Union. The project coincided with the preparation of the new National Energy Strategy for Lithuania and therefore was set up to support the strategy formulation process

  1. Uruguay Energy Supply Options Study: a Detailed Multi-Sector Integrated Energy Supply and Demand Analysis

    International Nuclear Information System (INIS)

    Conzelmann, G.; Veselka, T.

    1997-01-01

    Uruguay is in the middle of making critical decisions affecting the design of its future energy supply system.Momentum for change is expected to come from several directions including recent and foreseeable upgrades and modifications to energy conversion facilities, the importation of natural gas from Argentina, the possibility for a stronger interconnection of regional electricity systems, the country s membership in MERCOSUR, and the potential for energy sector reforms by the Government of Uruguay.The objective of this study is to analyze the effects of several fuel diversification strategies on Uruguay s energy supply system.The analysis pays special attention to fuel substitution trends due to potential imports of natural gas via a gas pipeline from Argentina and increasing electricity ties with neighboring countries.The Government of Uruguay contracted Argonne National Laboratory (ANL) to study several energy development scenario ns with the support of several Uruguayan Institutions.Specifically, ANL was asked to conduct a detailed energy supply and demand analysis, develop energy demand projections based on an analysis of past energy demand patterns with support from local institutions, evaluate the effects of potential natural gas imports and electricity exchanges, and determine the market penetration of natural gas under various scenarios

  2. Evaluating options for sustainable energy mixes in South Korea using scenario analysis

    International Nuclear Information System (INIS)

    Hong, Sanghyun; Bradshaw, Corey J.A.; Brook, Barry W.

    2013-01-01

    To mitigate greenhouse gas emissions, coal-fired electricity infrastructure needs to be replaced by low-carbon electricity generation options. Here we examine a range of possible alternative scenarios for sustainable electricity generation in South Korea, considering both physical and economic limits of current technologies. The results show that South Korea cannot achieve a 100% renewable energy mix and requires at least 55 GW of backup capacity. Given that constraint, we modelled seven scenarios: (i) the present condition, (ii) the First National Electricity Plan configuration, (iii) renewable energy (including 5 GW photovoltaic) with fuel cells or (iv) natural gas backup, (v) maximum renewable energy (including 75 GW photovoltaic) with natural gas, (vi) maximum nuclear power, and (vii) nuclear power with natural gas. We then quantify levelised cost of electricity, energy security, greenhouse gas emissions, fresh water consumption, heated water discharge, land transformation, air pollutant emissions, radioactive waste disposal, solid waste disposal and safety issues for each modelled mix. Our analysis shows that the maximum nuclear power scenario yields the fewest overall negative impacts, and the maximum renewable energy scenario with fuel cells would have the highest negative impacts. - Highlights: ► Due to physical limits of renewable sources, renewable energy cannot provide total electricity consumption in South Korea. ► A massive expansion of solar power will act to save only a small amount of backup fuel at greatly increased costs. ► A huge supply of natural gas capacity is essential, due to the absence of feasible large-scale energy storage. ► A pathway to maximize renewable energy causes more environmental and economic disadvantages than the status quo. ► Maximizing nuclear power is the most sustainable option for South Korea

  3. Analysis of federal policy options for improving US lighting energy efficiency: Commercial and residential buildings

    Energy Technology Data Exchange (ETDEWEB)

    Atkinson, B.A.; McMahon, J.E.; Mills, E.; Chan, P.; Chan, T.W.; Eto, J.H.; Jennings, J.D.; Koomey, J.G.; Lo, K.W.; Lecar, M.; Price, L.; Rubinstein, F.; Sezgen, O.; Wenzel, T.

    1992-12-01

    The US Department of Energy (DOE) has recognized the opportunity to achieve energy, economic, and environmental benefits by promoting energy-efficient lighting through federal policies, including lighting standards, financial incentives, and information programs. To assist in this process, the Office of Conservation and Renewable Energy`s Office of Codes and Standards invited Lawrence Berkeley Laboratory to assess prospective national impacts for a variety of policy options. Some progress has already been made in developing lighting policies at both the federal and state levels. The US DOE`s Office of Building Technologies has evaluated lighting efficiency incentives as part of its analysis for the National Energy Strategy. Fluorescent and incandescent lamp standards are included in the national Energy Policy Act of 1992 (P.L. 102-486, October 24, 1992). A few states have analyzed or implemented lamp and luminaire standards. Many policy-related issues merit further investigation. For example, there is considerable debate over issues such as mandatory or voluntary standards versus component labeling and other education-oriented strategies. Several different technologies are involved that interact with each other-lamps (incandescent, compact fluorescent, and HID), ballasts (for fluorescent and HID lamps), and fixtures with reflectors and lenses. Control systems and operation patterns must also be considered (timers, automated dimming, or occupancy sensors). Lighting applications are diverse, ranging from offices, restaurants, hallways, hospital operating rooms, to exterior lights. Lighting energy use influences heating and cooling requirements in buildings. Successful lighting system design must also address interactions between architectural design elements and daylighting availability. Proper system installation and ongoing operation and maintenance are crucial. The economic aspects of the preceding points must also be considered for policy making.

  4. Analysis of federal policy options for improving US lighting energy efficiency: Commercial and residential buildings

    Energy Technology Data Exchange (ETDEWEB)

    Atkinson, B.A.; McMahon, J.E.; Mills, E.; Chan, P.; Chan, T.W.; Eto, J.H.; Jennings, J.D.; Koomey, J.G.; Lo, K.W.; Lecar, M.; Price, L.; Rubinstein, F.; Sezgen, O.; Wenzel, T.

    1992-12-01

    The US Department of Energy (DOE) has recognized the opportunity to achieve energy, economic, and environmental benefits by promoting energy-efficient lighting through federal policies, including lighting standards, financial incentives, and information programs. To assist in this process, the Office of Conservation and Renewable Energy's Office of Codes and Standards invited Lawrence Berkeley Laboratory to assess prospective national impacts for a variety of policy options. Some progress has already been made in developing lighting policies at both the federal and state levels. The US DOE's Office of Building Technologies has evaluated lighting efficiency incentives as part of its analysis for the National Energy Strategy. Fluorescent and incandescent lamp standards are included in the national Energy Policy Act of 1992 (P.L. 102-486, October 24, 1992). A few states have analyzed or implemented lamp and luminaire standards. Many policy-related issues merit further investigation. For example, there is considerable debate over issues such as mandatory or voluntary standards versus component labeling and other education-oriented strategies. Several different technologies are involved that interact with each other-lamps (incandescent, compact fluorescent, and HID), ballasts (for fluorescent and HID lamps), and fixtures with reflectors and lenses. Control systems and operation patterns must also be considered (timers, automated dimming, or occupancy sensors). Lighting applications are diverse, ranging from offices, restaurants, hallways, hospital operating rooms, to exterior lights. Lighting energy use influences heating and cooling requirements in buildings. Successful lighting system design must also address interactions between architectural design elements and daylighting availability. Proper system installation and ongoing operation and maintenance are crucial. The economic aspects of the preceding points must also be considered for policy making.

  5. REAL OPTIONS ANALYSIS OF RENEWABLE ENERGY INVESTMENT SCENARIOS IN THE PHILIPPINES

    Directory of Open Access Journals (Sweden)

    Casper Agaton

    2017-12-01

    Full Text Available Abstract - With the continuously rising energy demand and much dependence on imported fossil fuels, the Philippines is developing more sustainable sources of energy. Renewable energy seems to be a better alternative solution to meet the country’s energy supply and security concerns. Despite its huge potential, investment in renewable energy sources is challenged with competitive prices of fossil fuels, high start-up cost and lower feed-in tariff rates for renewables. To address these problems, this study aims to analyze energy investment scenarios in the Philippines using real options approach. This compares the attractiveness of investing in renewable energy over continuing to use coal for electricity generation under uncertainties in coal prices, investments cost, electricity prices, growth of investment in renewables, and imposing carbon tax for using fossil fuels.

  6. Energy options for Africa

    Energy Technology Data Exchange (ETDEWEB)

    Karekezi, S. (ed.) (Botswana Univ., Gaborone (Botswana). African Energy Policy Research Network Foundation for Woodstove Dissemination, Nairobi (Kenya)); Mackenzie, G.A. (ed.) (United Nations Environment Programme, Roskilde (Denmark). Collaborating Centre on Energy and Environment)

    1993-01-01

    While unsustainable energy generation and consumption have always been considered to be key causes of the degradation of the earth's environment, it was often assumed that in the case of Africa, its very low consumption of modern fuels would result in limited energy-related ecological problems. As demonstrated by the country cases contained in this volume, although energy-related environmental problems that afflict the continent are different from those faced in more developed parts of the world, their negative impact on the African populace is equally worrisome. The biomass sector in Africa presents a bewildering array of challenges, opportunities and constraints to the African energy policy maker. The continent is endowed with a rich source of biomass energy in the form of forests, woodlands, grasslands, agricultural residues and urban waste. Most of this abundant biomass energy resource base is either unexploited or utilized in an inefficient manner. (Author)

  7. Energy options in France

    International Nuclear Information System (INIS)

    Carle, R.

    1980-01-01

    The rapid rise of oil price and the future shortage of oil are the problems, to which those in charge of energy must face. The method of maintaining and increasing energy consumption without destroying financial balance must be found. As the common points in Japan and France, domestic energy resources are scarce, coal reserves are small and the cost is high, the room for expanding water power generation hardly remains, and the atomic energy projects of large scale seem to be the only solution, but actually, they encountered many difficulties. In France, Energy Conservation Agency was established in 1974. The energy consumption per man was 4500 kWh in 1979, and it is not high level, accordingly it is difficult to reduce the present consumption further. The growth of electricity consumption in 1979 slowed down remarkably. The present crisis is oil crisis instead of energy crisis. Therefore electric power is the most suitable medium to get rid of the bondage of oil. The breakdown of heat production is as follows: coal 41%, oil 32%, gas 4%, and uranium 23%. Since 1976, 15 power plants of 3.5 million kW were converted to coal burning, but more staffs are required for the operation and maintenance. Water power generation is valuable to supplement nuclear power generation which lacks flexibility. As the nucleus of energy projects in France, PWR development project is in progress. Six 900 MW PWR plants are in operation. (Kako, I.)

  8. A scenario analysis of future energy systems based on an energy flow model represented as functionals of technology options

    International Nuclear Information System (INIS)

    Kikuchi, Yasunori; Kimura, Seiichiro; Okamoto, Yoshitaka; Koyama, Michihisa

    2014-01-01

    Highlights: • Energy flow model was represented as the functionals of technology options. • Relationships among available technologies can be visualized by developed model. • Technology roadmapping can be incorporated into the model as technical scenario. • Combination of technologies can increase their contribution to the environment. - Abstract: The design of energy systems has become an issue all over the world. A single optimal system cannot be suggested because the availability of infrastructure and resources and the acceptability of the system should be discussed locally, involving all related stakeholders in the energy system. In particular, researchers and engineers of technologies related to energy systems should be able to perform the forecasting and roadmapping of future energy systems and indicate quantitative results of scenario analyses. We report an energy flow model developed for analysing scenarios of future Japanese energy systems implementing a variety of feasible technology options. The model was modularized and represented as functionals of appropriate technology options, which enables the aggregation and disaggregation of energy systems by defining functionals for single technologies, packages integrating multi-technologies, and mini-systems such as regions implementing industrial symbiosis. Based on the model, the combinations of technologies on both energy supply and demand sides can be addressed considering not only the societal scenarios such as resource prices, economic growth and population change but also the technical scenarios including the development and penetration of energy-related technologies such as distributed solid oxide fuel cells in residential sectors and new-generation vehicles, and the replacement and shift of current technologies such as heat pumps for air conditioning and centralized power generation. The developed model consists of two main modules; namely, a power generation dispatching module for the

  9. Option valuation for energy issues

    International Nuclear Information System (INIS)

    Ostertag, K.; Llerena, P.; Richard, A.

    2004-01-01

    In many industrial and economic situations, decision processes, both individual and collective, have to simultaneously face uncertainty and irreversibility of some kind. This is particularly valid for energy choices if they are linked to technological alternatives. The purpose of this book is to highlight specific aspects of these situations. This is done from the particular perspective of option valuation. The contributions to this book grew out of an international workshop on ''Option valuation in energy and environmental issues'' held at the Fraunhofer ISI in February 2003. This workshop brought together reseachers from energy economics, but also researchers working on option valuation in other empirical fields or with a more theoretical perspective. This is reflected in the organisation of the book, which starts with some theory-oriented contributions and subsequently presents more applied contributions in the field of energy economics with an extension to water infrastructure in the annex. (orig.)

  10. Pawnee Nation Energy Option Analyses

    Energy Technology Data Exchange (ETDEWEB)

    Matlock, M.; Kersey, K.; Riding In, C.

    2009-07-31

    In 2003, the Pawnee Nation leadership identified the need for the tribe to comprehensively address its energy issues. During a strategic energy planning workshop a general framework was laid out and the Pawnee Nation Energy Task Force was created to work toward further development of the tribe’s energy vision. The overarching goals of the “first steps” project were to identify the most appropriate focus for its strategic energy initiatives going forward, and to provide information necessary to take the next steps in pursuit of the “best fit” energy options. Based on the request of Pawnee Nation’s Energy Task Force the research team, consisting Tribal personnel and Summit Blue Consulting, focused on a review of renewable energy resource development potential, funding sources and utility organizational along with energy savings options. Elements of the energy demand forecasting and characterization and demand side options review remained in the scope of work, but were only addressed at a high level. Description of Activities Performed Renewable Energy Resource Development Potential The research team reviewed existing data pertaining to the availability of biomass (focusing on woody biomass, agricultural biomass/bio-energy crops, and methane capture), solar, wind and hydropower resources on the Pawnee-owned lands. Using these data, combined with assumptions about costs and revenue streams, the research team performed preliminary feasibility assessments for each resource category. The research team also reviewed available funding resources and made recommendations to Pawnee Nation highlighting those resources with the greatest potential for financially-viable development, both in the near-term and over a longer time horizon. Energy Efficiency Options While this was not a major focus of the project, the research team highlighted common strategies for reducing energy use in buildings. The team also discussed the benefits of adopting a building energy code and

  11. Linking renewable energy CDM projects and TGC schemes: An analysis of different options

    Energy Technology Data Exchange (ETDEWEB)

    Del Rio, Pablo [Department of Economics and Business, Facultad de Ciencias Juridicas y Sociales, Universidad de Castilla-La Mancha, C/ Cobertizo de S. Pedro Martir s/n., Toledo-45071 (Spain)]. E-mail: pablo.rio@uclm.es

    2006-11-15

    Renewable energy CDM (RE-CDM) projects encourage cost-effective GHG mitigation and enhanced sustainable development opportunities for the host countries. CERs from CDM projects include the value of the former benefits (i.e., 'climate change benefits'), whereas the second can be given value through the issuing and trading of tradable green certificates (TGCs). Countries could agree to trade these TGCs, leading to additional revenues for the investors in renewable energy projects and, therefore, further encouraging the deployment of CDM projects, currently facing significant barriers. However, the design of a combination of CDM projects and TGC schemes raises several conflicting issues and leads to trade-offs. This paper analyses these issues, identifies the alternatives that may exist to link TGC schemes with RE-CDM projects and analyses the impacts of those options on different variables and actors.

  12. Linking renewable energy CDM projects and TGC schemes: An analysis of different options

    International Nuclear Information System (INIS)

    Del Rio, Pablo

    2006-01-01

    Renewable energy CDM (RE-CDM) projects encourage cost-effective GHG mitigation and enhanced sustainable development opportunities for the host countries. CERs from CDM projects include the value of the former benefits (i.e., 'climate change benefits'), whereas the second can be given value through the issuing and trading of tradable green certificates (TGCs). Countries could agree to trade these TGCs, leading to additional revenues for the investors in renewable energy projects and, therefore, further encouraging the deployment of CDM projects, currently facing significant barriers. However, the design of a combination of CDM projects and TGC schemes raises several conflicting issues and leads to trade-offs. This paper analyses these issues, identifies the alternatives that may exist to link TGC schemes with RE-CDM projects and analyses the impacts of those options on different variables and actors

  13. Pawnee Nation Energy Option Analyses

    Energy Technology Data Exchange (ETDEWEB)

    Matlock, M.; Kersey, K.; Riding In, C.

    2009-07-21

    Pawnee Nation of Oklahoma Energy Option Analyses In 2003, the Pawnee Nation leadership identified the need for the tribe to comprehensively address its energy issues. During a strategic energy planning workshop a general framework was laid out and the Pawnee Nation Energy Task Force was created to work toward further development of the tribe’s energy vision. The overarching goals of the “first steps” project were to identify the most appropriate focus for its strategic energy initiatives going forward, and to provide information necessary to take the next steps in pursuit of the “best fit” energy options. Description of Activities Performed The research team reviewed existing data pertaining to the availability of biomass (focusing on woody biomass, agricultural biomass/bio-energy crops, and methane capture), solar, wind and hydropower resources on the Pawnee-owned lands. Using these data, combined with assumptions about costs and revenue streams, the research team performed preliminary feasibility assessments for each resource category. The research team also reviewed available funding resources and made recommendations to Pawnee Nation highlighting those resources with the greatest potential for financially-viable development, both in the near-term and over a longer time horizon. Findings and Recommendations Due to a lack of financial incentives for renewable energy, particularly at the state level, combined mediocre renewable energy resources, renewable energy development opportunities are limited for Pawnee Nation. However, near-term potential exists for development of solar hot water at the gym, and an exterior wood-fired boiler system at the tribe’s main administrative building. Pawnee Nation should also explore options for developing LFGTE resources in collaboration with the City of Pawnee. Significant potential may also exist for development of bio-energy resources within the next decade. Pawnee Nation representatives should closely monitor

  14. Fusion as an energy option

    International Nuclear Information System (INIS)

    Steiner, D.

    1976-01-01

    The environmental issues, alternative fusion fuels, the economic potential, and the time scale of fusion power are assessed. It is common for the advocate of a long-term energy source to claim his source (fission, fusion, solar, etc.) as the ultimate solution to man's energy needs. The author does not believe that such a stance will lead to a rational energy policy. Dr. Steiner encourages a long-term energy policy that has as its goal the development of fission breeders, fusion, and solar energy--not be totally reliant on a single source. He does advocate vigorous funding for fusion, not because it is a guarantee for ''clean, limitless, and cheap power,'' but because it may provide an important energy option for the next century

  15. Design options analysis for a zero energy block of flats in Athens, Greece

    Science.gov (United States)

    Soulti, Eleni

    Human activities and to a smaller degree other reasons have led to climate change. This is evident in meteorological phenomena and natural procedures which are constantly subject to modifications. Recent studies prove that a great percentage of the CO2 emissions, which are partly responsible for the climate change, are produced by buildings. In fact, a big part of them belongs to the residential sector. Countries like UK are quite aware of this problem, its causes, its consequences, as well as of some remedies that can at least limit the damage. Therefore, they develop the appropriate legislation, in an effort to decrease the problems and limit its causes. Greece, on the other hand, has been quite ineffective until now. Hopefully the new legislation will constrain the causes of the problem, in all sectors, including the building domain. This study involves designing a zero energy block of flats in Athens, with climatic data and environmental parameters taken into consideration from the initial steps of the design procedure. Appropriate software has been used in order to observe the improvement of thermal comfort conditions by changing the building design and using various strategies for passive cooling and heating. The predicted consumption of electricity, heating and cooling loads have been calculated and renewable sources of energy have been used in order to meet those needs. The economical analysis demonstrated that this type of building, is not only energy efficient and thermally comfortable for its occupants, but also economically profitable, especially with regard to the benefit of the occupants and the environment. In fact, it is only 11.2% more expensive to construct such a building, while its energy performance reduces the amount of CO2 emissions. The aim is to widely implement this type of buildings, which can have a significant effect on environmental, economical and social development related issues.

  16. A multi-criteria analysis of options for energy recovery from municipal solid waste in India and the UK.

    Science.gov (United States)

    Yap, H Y; Nixon, J D

    2015-12-01

    Energy recovery from municipal solid waste plays a key role in sustainable waste management and energy security. However, there are numerous technologies that vary in suitability for different economic and social climates. This study sets out to develop and apply a multi-criteria decision making methodology that can be used to evaluate the trade-offs between the benefits, opportunities, costs and risks of alternative energy from waste technologies in both developed and developing countries. The technologies considered are mass burn incineration, refuse derived fuel incineration, gasification, anaerobic digestion and landfill gas recovery. By incorporating qualitative and quantitative assessments, a preference ranking of the alternative technologies is produced. The effect of variations in decision criteria weightings are analysed in a sensitivity analysis. The methodology is applied principally to compare and assess energy recovery from waste options in the UK and India. These two countries have been selected as they could both benefit from further development of their waste-to-energy strategies, but have different technical and socio-economic challenges to consider. It is concluded that gasification is the preferred technology for the UK, whereas anaerobic digestion is the preferred technology for India. We believe that the presented methodology will be of particular value for waste-to-energy decision-makers in both developed and developing countries. Copyright © 2015 Elsevier Ltd. All rights reserved.

  17. Real Options Analysis of Renewable Energy Investment Scenarios in the Philippines

    OpenAIRE

    Agaton, Casper

    2017-01-01

    Abstract - With the continuously rising energy demand and much dependence on imported fossil fuels, the Philippines is developing more sustainable sources of energy. Renewable energy seems to be a better alternative solution to meet the country’s energy supply and security concerns. Despite its huge potential, investment in renewable energy sources is challenged with competitive prices of fossil fuels, high start-up cost and lower feed-in tariff rates for renewables. To address these probl...

  18. Augustine Band of Cahuilla Indians Energy Conservation and Options Analysis - Final Report

    Energy Technology Data Exchange (ETDEWEB)

    Paul Turner

    2008-07-11

    The Augustine Band of Cahuilla Indians was awarded a grant through the Department of Energy First Steps program in June of 2006. The primary purpose of the grant was to enable the Tribe to develop energy conservation policies and a strategy for alternative energy resource development. All of the work contemplated by the grant agreement has been completed and the Tribe has begun implementing the resource development strategy through the construction of a 1.0 MW grid-connected photovoltaic system designed to offset a portion of the energy demand generated by current and projected land uses on the Tribe’s Reservation. Implementation of proposed energy conservation policies will proceed more deliberately as the Tribe acquires economic development experience sufficient to evaluate more systematically the interrelationships between conservation and its economic development goals.

  19. Regional analysis of residential water heating options: energy use and economics

    Energy Technology Data Exchange (ETDEWEB)

    O' Neal, D.; Carney, J.; Hirst, E.

    1978-10-01

    This report evaluates the energy and direct economic effects of introducing improved electric-water-heating systems to the residential market. These systems are: electric heat pumps offered in 1981, solar systems offered in 1977, and solar systems offered in 1977 with a Federal tax credit in effect from 1977 through 1984. The ORNL residential energy model is used to calculate energy savings by type of fuel for each system in each of the ten Federal regions and for the nation as a whole for each year between 1977 and 2000. Changes in annual fuel bills and capital costs for water heaters are also computed at the same level of detail. Model results suggest that heat-pump water heaters are likely to offer much larger energy and economic benefits than will solar systems, even with tax credits. This is because heat pumps provide about the same savings in electricity for water heating (about half) at a much lower capital cost ($700 to $2000) than do solar systems. However, these results are based on highly uncertain estimates of future performance and cost characteristics for both heat pump and solar systems. The cumulative national energy saving by the year 2000 due to commercialization of heat-pump water heaters in 1981 is estimated to be 1.5 QBtu. Solar-energy benefits are about half this much without tax credits and two-thirds as much with tax credits. The net economic benefit to households of heat-pump water heaters (present worth of fuel bill reductions less the present worth of extra costs for more-efficient systems) is estimated to be $640 million. Again, the solar benefits are much less.

  20. Innovation subsidies versus consumer subsidies: A real options analysis of solar energy

    International Nuclear Information System (INIS)

    Torani, Kiran; Rausser, Gordon; Zilberman, David

    2016-01-01

    Given the interest in the commercialization of affordable, clean energy technologies, we examine the prospects of solar photovoltaics (PV). We consider the question of how to transition to a meaningful percentage of solar energy in a sustainable manner and which policies are most effective in accelerating adoption. This paper develops a stochastic dynamic model of the adoption of solar PV in the residential and commercial sector under two sources of uncertainty – the price of electricity and cost of solar. The analytic results suggest that a high rate of innovation may delay adoption of a new technology if the consumer has rational price expectations. We simulate the model across alternative rates technological change, electricity prices, subsidies and carbon taxes. It is shown that there will be a displacement of incumbent technologies and a widespread shift towards solar PV in under 30 years – and that this can occur without consumer incentives and carbon pricing. We show that these policies have a modest impact in accelerating adoption, and that they may not be an effective part of climate policy. Instead, results demonstrate that further technological change is the crucial determinant and main driver of adoption. Further, results indicate that subsidies and taxes become increasingly ineffective with higher rates of technological change. - Highlights: •Stochastic dynamic model of solar PV adoption under two sources of uncertainty. •Simulation across electricity prices, technical change, subsidies and CO_2 taxes. •Rate of technical change indicates shift to solar in 25–28 years without incentives. •Modest impact of consumer subsidies and CO_2 taxes (up to $150/ton CO_2) in adoption. •R&D support/further technological change is the main driver of adoption of solar.

  1. Energy options for residential buildings assessment

    International Nuclear Information System (INIS)

    Rezaie, Behnaz; Dincer, Ibrahim; Esmailzadeh, Ebrahim

    2013-01-01

    Highlights: ► Studying various building energy options. ► Assessing these options from various points. ► Comparing these options for better environment and sustainability. ► Proposing renewable energy options as potential solutions. - Abstract: The building sector, as one of the major energy consumers, demands most of the energy research to assess different energy options from various aspects. In this paper, two similar residential buildings, with either low or high energy consumption patterns, are chosen as case studies. For these case studies, three different renewable energy technology and three different hybrid systems are designed for a specified size. Then, the environmental impact indices, renewable energy indices, and the renewable exergy indices have been estimated for every energy options. Results obtained show that the hybrid systems (without considering the economics factors) are superior and having top indices. The importance of the energy consumption patterns in buildings are proven by the indices. By cutting the energy consumption to about 40% the environment index would increase by more than twice (2.1). Utilization of the non-fossil fuels is one part of the solution to environmental problems while energy conservation being the other. It has been shown that the re-design of the energy consumption model is less complex but more achievable for buildings.

  2. Pakistan energy consumption scenario and some alternate energy option

    International Nuclear Information System (INIS)

    Maher, M.J.

    1997-01-01

    Pakistan with its energy-deficient resources is highly dependent on import-oriented energy affected the economy because of repeated energy price hike on international horizon. The energy consumption pattern in Pakistan comprises about two-third in commercial energy and one-third in non-commercial forms. Most of the country's energy requirements are met by oil, gas hydro power, coal, nuclear energy and thermal power. Pakistan meets it's commercial energy requirements indigenously up to 64%. The balance of deficit of 35-40% is met through import. The consumption of various agro-residues and wood as fuel also plays a vital role. The analysis shows that emphasis needs to be placed on new and renewable resources of energy besides adopting technologies for energy conservation. Renewable energy depends on energy income and constitutes the development process. The are several renewable energy options such as biogas technology, micro-hydro power generation, direct solar energy and biomass energy conservation etc. By improving the conservation techniques as designs of solar converters, pre treating the biomass fuel, increasing the effectiveness of carbonization and pyrolysis increases the energy production. (A.B.)

  3. Country profiles: Lithuania [Analysis of energy supply options and security of energy supply in the Baltic States

    International Nuclear Information System (INIS)

    2007-01-01

    Lithuania is a very dependent country in terms of energy resources. In 2000 only about 13.8% of the primary energy requirement was covered by domestic resources. The remaining primary fuel requirement is imported from neighbouring countries, mainly from Russia - all crude oil, natural gas and nuclear fuel are imported from this country. There is a concern about the political and economic consequences of this dependence. There is a good interconnection with neighbouring countries for both electrical grid and gas pipelines. The supply of crude oil is also available via pipeline from Russia and two existing oil terminals from other countries, including orimulsion from Venezuela. Coal can be supplied by railway from both Russia and Poland

  4. Free energy option and its relevance to improve domestic energy demands in southern Nigeria

    Directory of Open Access Journals (Sweden)

    Moses Eterigho Emetere

    2016-11-01

    Full Text Available The aim of this paper is to seek an energy option that would benefit the growing energy demands. Domestic energy demands in southern Nigeria had increased greatly due to failing power programs and seasonal migrations. The fossil fuel option is gradually fading away due to environmental pollution and recent dynamic cost. The renewable energy option had been celebrated with little success in the coastal area of southern Nigeria. At the moment, the renewable energy option is very expensive with little guarantee on its efficiency with time. The data set used for this study was obtained from the Davis weather installation in Covenant University. The free energy option was considered. The cost and its environmental implication for domestic use were comparatively discussed alongside other energy options — using the Life cycle cost analysis. It was found out that free energy option is more affordable and efficient for domestic use.

  5. Nuclear energy: a necessary option

    International Nuclear Information System (INIS)

    Robles N, A. G.; Ramirez S, J. R.; Esquivel E, J.

    2017-09-01

    With the decree of the Energy Reform and with the creation of the Electricity Industry and Energy Transition Laws; nuclear energy is incorporated into these as a source of clean energy. Currently, the share of electricity generation using conventional technologies is 80% and clean technologies of 20% of which hydroelectric plants represent 50% of these. While the operation of hydroelectric, wind, solar plants, etc. have contributed to reduce greenhouse gas emissions (GGE), the global effort to mitigate climate change has not observed the expected results, according to the meeting of COP 21 in Paris, where 196 countries agreed, unanimously, to limit the increase of the temperature at 2 degrees Celsius or less for before the year 2100. In Paris, Mexico voluntarily submitted its national mitigation and adaptation contribution to climate change by issuing 162 M ton of CO 2eq as a goal to 2030, that is a ΔGGE of -22%. This means that the electricity sector should contribute to the reduction of 139 M ton of CO 2eq and a ΔGGE of -31%. According to some experts, the goal of reducing gases for the sector could be achieved during the period defined in the Agreement, provided that the share of clean energies is added as established in the Energy Reform and the Development Program of the National Electric System 2016-2030, which establishes the addition of 35,532 MW (62%) of installed capacity in clean technologies, where nuclear energy participates with 4,191 MW (7%) that is, 2,651 MW more. Thus, this article aims to show the importance of the use of nuclear energy in the electricity sector to reduce GGE, achieve international commitments and combat climate change. (Author)

  6. DMRC studies geothermal energy options

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2008-03-01

    The Deep Mining Research Consortium (DMRC) is an industry-led research consortium that includes Vale Inco, Xstrata, Rio Tinto, Goldcorp, Agnico-Eagle, Barrick Gold, CANMET and the City of Sudbury. This article reported on the application of geothermal energy technologies to cool deep mine workings and use the heat from underground to produce energy to heat surface buildings. Researchers at the University of British Columbia's Centre for Environmental Research in Minerals, Metals and Materials have proposed the use of heat pumps and water-to-air heat exchangers at depth to chill mine workings. The heat pumps would act as refrigerators, taking heat from one area and moving it elsewhere. The purpose would be to extract heat from naturally occurring ground water and pass the chilled water through a heat exchanger to cool the air. The heated water would then be pumped to surface and used to heat surface facilities. The technology is well suited for using geothermal energy from decommissioned mines for district heating. The technology has been successfully used in Spring Hill, Nova Scotia, where geothermal energy from a decommissioned coal mine is used to heat an industrial park. A feasibility study is also underway for the city of Yellowknife in the Northwest Territories to produce up to 10 megawatts of heat from the Con Gold Mine, enough energy to heat half of Yellowknife. Geothermal energy can also be used to generate electricity, particularly in the Pacific Rim where underground temperatures are higher and closer to surface. In Sudbury Ontario, the enhanced geothermal systems technology would require two holes drilled to a depth of four kilometers. The ground between the two holes should be fractured to create an underground geothermal circuit. Geothermal energy does not produce any greenhouse gases or chemical wastes. 1 fig.

  7. Some wind-energy storage options

    Energy Technology Data Exchange (ETDEWEB)

    Eldridge, F R; Ljungstroem, O [ed.

    1976-01-01

    Systems capable of storing energy generated from the wind can be categorized in terms of electrochemical energy storage systems, thermal energy storage systems, kinetic energy systems, and potential energy systems. Recent surveys of energy storage systems have evaluated some of these available storage technologies in terms of the minimum economic sizes for utility applications, estimated capital costs of these units, expected life, dispersed storage capabilities, and estimated turn-around efficiencies of the units. These are summarized for various types of energy storage options.

  8. Options to improve energy efficiency for educational building

    Science.gov (United States)

    Jahan, Mafruha

    The cost of energy is a major factor that must be considered for educational facility budget planning purpose. The analysis of energy related issues and options can be complex and requires significant time and detailed effort. One way to facilitate the inclusion of energy option planning in facility planning efforts is to utilize a tool that allows for quick appraisal of the facility energy profile. Once such an appraisal is accomplished, it is then possible to rank energy improvement options consistently with other facility needs and requirements. After an energy efficiency option has been determined to have meaningful value in comparison with other facility planning options, it is then possible to utilize the initial appraisal as the basis for an expanded consideration of additional facility and energy use detail using the same analytic system used for the initial appraisal. This thesis has developed a methodology and an associated analytic model to assist in these tasks and thereby improve the energy efficiency of educational facilities. A detailed energy efficiency and analysis tool is described that utilizes specific university building characteristics such as size, architecture, envelop, lighting, occupancy, thermal design which allows reducing the annual energy consumption. Improving the energy efficiency of various aspects of an educational building's energy performance can be complex and can require significant time and experience to make decisions. The approach developed in this thesis initially assesses the energy design for a university building. This initial appraisal is intended to assist administrators in assessing the potential value of energy efficiency options for their particular facility. Subsequently this scoping design can then be extended as another stage of the model by local facility or planning personnel to add more details and engineering aspects to the initial screening model. This approach can assist university planning efforts to

  9. Energy options. Preparing for an uncertain future

    International Nuclear Information System (INIS)

    Andrews, H.R.; Harvey, M.

    1988-02-01

    We must begin now to plan to replace fossil fuels as a major energy source. Few energy sources are capable of supplying the vast amount of energy required. The only options that can play a major role are coal, hydro-electricity, and nuclear. The soft energy options are not reliable: we cannot control the blowing of the wind or the shining of the sun; biomass is susceptible to disease. If we were to become too dependent on these we would be surrendering our energy system to the vagaries of nature. A strong electrical system is a cornerstone of energy security. Surplus capacity is often criticized, but a shortfall in supply will cause industrial chaos. Nuclear power is based on a sustainable resource supply, uses a proven technology, is economically competitive, and causes minimal harm to human populations and the environment

  10. Investment analysis in hydraulic energy generation by using the real options theory; Analise de investimentos em geracao hidraulica utilizando a teoria de opcoes reais

    Energy Technology Data Exchange (ETDEWEB)

    Noronha, J.C. Caminha; Lima, J.W. Marangon [Universidade Federal de Itajuba (UNIFEI), MG (Brazil)]. E-mails: juliaccn@unifei.edu.br; marangon@unifei.edu.br; Ferreira, T.G. Leite [Associacao Brasileira dos Investidores em Autoproducao de Energia Eletrica (ABIAPE), Brasilia, DF (Brazil)]. E-mail: tiago@abiape.com.br

    2006-07-01

    This paper presents a methodology of investment analysis in power plants using the Real Option Theory. Particularly, the investment opportunity of a hydro plant is valued based on the energy that will be traded at the new energy auction using the Brazilian Development Bank - BNDES financing program for the Generation of electric energy (new energy). Since this kind of project involves a multistage investment consisting of design, construction and operation phases, it can be treated as a sequential compound option. A binomial approach was elaborated to model this investment opportunity analysis. This approach models the uncertainties in setting up the cash flow for the investments and incorporates some possible managerial flexibility associated with the decision taken along the investment forecast. The proposed methodology will be described in parallel with an example of a real hydro-plant in which we incorporated the flexibilities regarding the decision to invest in each step of the project and an build phase abandon option, representing the transfer of concession rights after the auction. (author)

  11. Impact of Nuclear Energy Futures on Advanced Fuel Cycle Options

    International Nuclear Information System (INIS)

    Dixon, B.W.; Piet, S.J.

    2004-01-01

    The Nuclear Waste Policy Act requires the Secretary of Energy to inform Congress before 2010 on the need for a second geologic repository for spent nuclear fuel. By that time, the spent fuel discharged from current commercial reactors will exceed the statutory limit of the first repository. There are several approaches to eliminate the need for another repository in this century. This paper presents a high-level analysis of these spent fuel management options in the context of a full range of possible nuclear energy futures. The analysis indicates the best option to implement varies depending on the nuclear energy future selected

  12. Wind energy: A renewable energy option

    Science.gov (United States)

    Zimmerman, J. S.

    1977-01-01

    Wind turbine generator research programs administered by the Energy Research and Development Administration are examined. The design and operation of turbine demonstration models are described. Wind assessments were made to determine the feasibility of using wind generated power for various parts of the country.

  13. Options for new Swiss energy supply strategies

    International Nuclear Information System (INIS)

    Gantner, U.; Hirschberg, S.; Jakob, M.

    1999-01-01

    Ecologically neutral, cost efficient, without supply shortages, independent from foreign countries, risk- and waste-free - that is the image of an ideal future energy supply. But even if considerable ecological and economical improvements of various energy supply options can be achieved, the next generation of heat and power plants with the associated up- and down-stream parts of energy chains, will not comply with all such idealistic requirements. As research in the framework of the GaBE Project on 'Comprehensive Assessment of Energy Systems' has shown, among the reasons for this are the limited medium term potential of renewable energy sources, and the necessity to employ primarily non-renewable energy carriers for the emerging more efficient energy conversion processes. (author)

  14. National energy planning with nuclear option

    International Nuclear Information System (INIS)

    Soetrisnanto, Arnold Y.; Hastowo, Hudi; Soentono, Soedyartomo

    2002-01-01

    National energy planning with nuclear option. Energy planning development is a part of the sustainable development that supports the attainment of national development goals. The objective of the study is to support the national planning and decision-making process in the energy and electric sector in Indonesia with nuclear option for period of 1998-2027. This study performs the provision of detailed economic sector and regional energy demand projection by MAED simulation model based on the economic and population scenarios. The optimization of the future energy supply such as electricity supply taking all known Indonesian energy sources and all relevant technologies into consideration by MARKAL Model. The results shows that Indonesia's need for final energy is forecasted to increase two times, from 4028,4 PJ at the beginning of study become 8145,6 PJ at the end of study. Performing the sensitivity study, it is predicted that nuclear energy could be introduced in the Java-Bali electricity grid about year 2016

  15. Enabling optimal energy options under the Clean Development Mechanism

    International Nuclear Information System (INIS)

    Gilau, Asmerom M.; Van Buskirk, Robert; Small, Mitchell J.

    2007-01-01

    This paper addresses the cost effectiveness of renewable energy technologies in achieving low abatement costs and promoting sustainable developments under the Clean Development Mechanism (CDM). According to the results of our optimal energy option's analysis, at project scale, compared with a diesel-only energy option, photovoltaic (PV)-diesel (PVDB), wind-diesel (WDB) and PV-wind-diesel (PVWDB) hybrids are very cost-effective energy options. Moreover, energy options with high levels of renewable energy, including 100% renewables, have the lowest net present cost and they are already cost effective without CDM. On the other hand, while the removal of about 87% carbon dioxide emissions could be achieved at negative cost, initial investment could increase by a factor of 40, which is one of the primary barriers hindering wider renewable energy applications in developing countries, among others. Thus, in order to increase developing countries' participation in the carbon market, CDM policy should shift from a purely market-oriented approach to investigating how to facilitate renewable energy projects through barrier removal. Thus, we recommend that further research should focus on how to efficiently remove renewable energy implementation barriers as a means to improve developing countries' participation in meaningful emission reduction while at the same time meeting the needs of sustainable economic development

  16. Energy and the environment: 'the nuclear option'

    International Nuclear Information System (INIS)

    Hawley, Robert

    1997-01-01

    The world's consumption of primary energy continues to rise rapidly, mainly because of the developing countries who cannot yet provide the services essential to improving the quality of life. Increasing energy consumption, the effect it will have on the world's finite resources and, more importantly, on the environment, leave the world's population facing serious challenges. This paper will briefly consider the power generation technology options that offer sustainable development including the role that nuclear power plays today, and will need to play in the next century, to preserve and improve the quality of life worldwide. (author)

  17. Real options valuation of fusion energy R and D programme

    International Nuclear Information System (INIS)

    Bednyagin, Denis; Gnansounou, Edgard

    2011-01-01

    This paper aims to perform a real options valuation of fusion energy R and D programme. Strategic value of thermonuclear fusion technology is estimated here based on the expected cash flows from construction and operation of fusion power plants and the real options value arising due to managerial flexibility and the underlying uncertainty. First, a basic investment option model of Black-Scholes type is being considered. Then, a fuzzy compound real R and D option model is elaborated, which reflects in a better way the multi-stage nature of the programme and takes into account the imprecision of information as one of the components of the overall programme uncertainty. Two different strategies are compared: 'Baseline' corresponding to a relatively moderate pace of fusion research, development, demonstration and deployment activities vs. 'Accelerated' strategy, which assumes a rapid demonstration and massive deployment of fusion. The conclusions are drawn from the model calculations regarding the strategic value of fusion energy R and D and the advantages of accelerated development path. - Research highlights: → Real options analysis of fusion R and D, demonstration and deployment (RDDD) programme. → ENPV of fusion RDDD programme is calculated using stochastic probabilistic simulation. → Fusion RDDD programme exhibits substantial positive real options value: Euro 245 billion. → Fuzzy compound real option valuation method provides more robust results.

  18. Energy and sustainable development: issues and options

    International Nuclear Information System (INIS)

    Appert, O.

    2001-01-01

    Future development needs to be sustainable in all of its dimensions if it is to continue to fully contribute to human welfare. In the achievement of this objective, the manner in which energy is produced and consumed is of crucial importance. In the wake of these insights, first attempts begin to provide concrete options for steps towards sustainability in the energy sector. Two criteria can be identified for developing sustainable development policies. First, such policies need to strike a balance between the three dimensions of sustainable development - economic, environmental and social - acknowledging that all three are intrinsically linked. Second, policies in the energy sector need to reduce exposure to large-scale risks and improve the resilience of the energy system through active risk management and diversification. (authors)

  19. Social risks and the energy option

    Energy Technology Data Exchange (ETDEWEB)

    Orr, D

    1977-04-01

    A minimax strategy is proposed to deal with the possibility of large-scale disaster while pursuing energy options, none of which is without risks and uncertainties. Readjustments of energy-consumption levels can lower capital demands enough to avoid irreversible commitments to high-risk technologies. The four requirements of a society using the minimax strategy are: (1) commitment to conservation, (2) re-structuring to promote efficiency, (3) new social values and standards, and (4) a gradual replacement of conventional with renewable energy technology. Some proposals, such as that of beaming microwaves to earth from satellites, are not only capital-intensive but introduce new risk potential. A better approach is seen to be a small-scale, decentralized society that minimizes the impact of accidents while maximizing the resilience and democracy of human development. A society operating under sustainable energy offers, by including citizen involvement in public policy, opportunities for creativity in individuals and institutions. (15 references) (DCK)

  20. Strategic Options Development and Analysis

    Science.gov (United States)

    Ackermann, Fran; Eden, Colin

    Strategic Options Development and Analysis (SODA) enables a group or individual to construct a graphical representation of a problematic situation, and thus explore options and their ramifications with respect to a complex system of goals or objectives. In addition the method aims to help groups arrive at a negotiated agreement about how to act to resolve the situation. It is based upon the use of causal mapping - a formally constructed means-ends network - as representation form. Because the picture has been constructed using the natural language of the problem owners it becomes a model of the situation that is ‘owned' by those who define the problem. The use of formalities for the construction of the model makes it amenable to a range of analyses as well as encouraging reflection and a deeper understanding. These analyses can be used in a ‘rough and ready' manner by visual inspection or through the use of specialist causal mapping software (Decision Explorer). Each of the analyses helps a group or individual discover important features of the problem situation, and these features facilitate agreeing agood solution. The SODA process is aimed at helping a group learn about the situation they face before they reach agreements. Most significantly the exploration through the causal map leads to a higher probability of more creative solutions and promotes solutions that are more likely to be implemented because the problem construction process is wider and more likely to include richer social dimensions about the blockages to action and organizational change. The basic theories that inform SODA derive from cognitive psychology and social negotiation, where the model acts as a continuously changing representation of the problematic situation - changing as the views of a person or group shift through learning and exploration. This chapter, jointly written by two leading practitioner academics and the original developers of SODA, Colin Eden and Fran Ackermann

  1. Energy options for the United Kingdom

    International Nuclear Information System (INIS)

    Warner, P.C.

    1979-03-01

    The purpose of this paper is to put together a picture of the energy policy options of the United Kingdom, drawn mainly from official documents but supplemented by comments and conclusions from the author. For some people the current energy debate is simplified down to nuclear power for and against. Much of this thinking seems to arise from misunderstanding, and the more the technical and social facts behind policy can be sorted out by discussions, the more sensible eventual policy will be. One extreme view, for instance, is that opinion is divided between those who are 'pro-industry, pro-production, and pro-nuclear' and those who are 'interested in ecology and therefore anti-nuclear.' Associations like those are high on the list of myths that need to be dispelled. It is therefore a further purpose of this paper to contribute to the general background of facts for those who are interested in this country's energy policies and who may not have time or the opportunity to work through original sources. Although the theme throughout is energy in the United Kingdom, it will be realised that extension to the world scale simply enhances shortages and problems. The paper is in sections, entitled: overall UK energy consumption; coal; oil; gas; the energy gap; alternative energy sources; the balance of primary resource need; electricity; the nuclear power programme; timing of power plant orders; conclusions. (U.K.)

  2. Future energy options for developing countries

    Energy Technology Data Exchange (ETDEWEB)

    Zaric, Z P

    1982-05-01

    An educated guess is made of the energy demand in developing countries well into the next century in order to estimate the possible role of new and renewable sources in meeting this demand. The world is roughly divided into industrialized (IND) and developing (LDC) countries. A plot of energy demand in both parts shows a possible structure of mixed energy to meet LDC demand, but there is a gap between demand and supply from conventional sources in LDCs that has to be met by new and renewable sources. When the demand for specific energy forms is projected, as much as two thirds of the final energy needed from new sources should be based on centralized-electricity and liquid-fuels technologies. Solar and geothermal energy must compete with nuclear and thermonuclear breeders, while solar prospects for chemical fuel supply in LDCs lacking adequate coal reserves seems promising. There is a large gap in research and development (R and D) spending on new energy between the two parts, which means that LDCs will have inappropriate technology at a high price. An increase in R and D spending on a regional basis should target funds to appropriate options. 6 references, 7 figures.

  3. Comparing energy storage options for renewable energy integration

    DEFF Research Database (Denmark)

    Østergaard, Poul Alberg

    -inclusive 100% renewable energy scenario developed for the Danish city Aalborg based on wind power, bio-resources and low-temperature geothermal heat. The paper investigates the system impact of different types of energy storage systems including district heating storage, biogas storage and electricity storage......Increasing penetrations of fluctuating energy sources for electricity generation, heating, cooling and transportation increase the need for flexibility of the energy system to accommodate the fluctuations of these energy sources. Controlling production, controlling demand and utilizing storage...... options are the three general categories of measures that may be applied for ensuring balance between production and demand, however with fluctuating energy sources, options are limited, and flexible demand has also demonstrated limited perspective. This paper takes its point of departure in an all...

  4. Wind energy options in the Netherlands

    International Nuclear Information System (INIS)

    Arkesteijn, L.A.G.; Havinga, R.J.

    1992-07-01

    Next to a study of the title subject attention is paid to the quantification of the wind energy potential and the conditions under which such potentials can be realized. The options are influenced by technical-economical, planning and socio-political factors, which are summarized in appendix 1 and discussed in chapter three. Results of interviews with experts in the field of wind energy can be found in appendix 2. Based on the impacts on the wind energy potential four wind energy development scenarios are compared in chapter four. The reference scenario is based on the present wind energy policy in the Netherlands. The other three scenarios are the Price-scenario (higher societal appreciation of electricity generated by wind power), the Site-scenario (matters of site selection and planning), and a Combined-scenario (combination of the Price- and the Site-scenario). For each scenario potential estimations were made for the years 2000, 2010, 2015, and restricted estimations for the year 2025. It is concluded that within 25 years 2,500 MW wind power can be realized on land and 6,000 MW on water. The main problems for the location on land and inland waterways are the planning restrictions, and for sea locations the limiting factor is the high cost price. Recommendations to the Dutch government to realize the potentials concern the facts that social advantages of wind energy should be part of the price of the energy, more sites should be made available for the application of wind energy, more research has to be carried out on the possibility of locating wind power generating systems at sea, and the social basis for wind energy should be maintained and even increased. 18 figs., 5 app., 47 refs

  5. Photovoltaic power - An important new energy option

    Science.gov (United States)

    Ferber, R. R.

    1983-01-01

    A review of photovoltaic (PV) power technology is presented with an emphasis of PV as an economical and technically feasible alternative source of energy. The successful completion of the development and transfer of emerging low-cost technologies into a fully commercialized status are identified as the means to the realization of this option's full potential. The DOE National Photovoltaics Program, a significant sponsor of PV R&D, expects both flat-plate and concentrator collectors to meet established cost targets. Citing the DOE large flat-plate grid-connected system project of the Sacramento Municipal Utility District, current technology modules priced at near $5/Wp (1983 dollars) are steadily reducing costs. A recent DOE study suggests that PV-generated electricity produced at a 30-year levelized cost of 15 cents per kWh would represent a viable energy supply alternative for the nation.

  6. An environmental perspective on Lithuania's energy options

    International Nuclear Information System (INIS)

    Banks, A.; Todd, J.

    1995-01-01

    The views of experts on Lithuania's energy options are reviewed. On the one hand, nuclear energy is seen as an island of stability in the power industry in the conditions of economic crisis, and some decision-makers believe that Lithuania cannot survive without nuclear. On the other hand, the Ignalina NPP is the largest Chernobyl-type RBMK plant within the former Soviet Union, posing a dangerous environmental hazard to the Baltic Sea region, and no upgrading seems to be capable of bringing the reactors up to the safety standards of today's Western reactors. Many experts believe that the only solution is to shut the reactors down as soon as possible. (P.A.) 33 refs

  7. Comparative Assessment of Energy Supply Options

    International Nuclear Information System (INIS)

    Rogner, H.-H.; Vladu, I. F.

    2000-01-01

    The complexity facing today's energy planners and decision-makers, particularly in electricity sector, has increased. They must take into account many elements in selecting technologies and strategies that will impact near term energy development and applications in their countries. While costs remain a key factor, tradeoffs between the demands of environmental protection and economic development will have to be made. This fact, together with the needs of many countries to define their energy and electricity programmes in a sustainable manner, has resulted in a growing interest in the application of improved data, tools and techniques for comparative assessment of different electricity generation options, particularly from an environmental and human health viewpoint. Although global emissions of greenhouse gases and other pollutants, e.g. SO 2 , NO x and particulate, must be reduced, the reality today is that these emissions are increasing and are expected to continue increasing. In examining the air pollutants, as well as water effluents and solid waste generated by electricity production, it is necessary to assess the full energy chain from fuel extraction to waste disposal, including the production of construction and auxiliary materials. The paper describes this concept and illustrates its implementation for assessing and comparing electricity generation costs, emissions, wastes and other environmental burdens from different energy sources. (author)

  8. Soviet energy: current problems and future options

    Energy Technology Data Exchange (ETDEWEB)

    Stein, J B

    1981-12-01

    The connection between Soviet oil and energy resources, their efficient and timely utilization, and politico-military opportunities in the Persian Gulf region offer an inescapable link for analysis. Worsening trends in economic growth, factor productivity, social unrest, and energy production/distribution offset optimistic trends in Soviet military procurement and deployment. A conjunction of geologic, geographic, and systemic factors all point to a mid-1980s energy imbalance which in turn will pose hard questions for the Moscow leadership. 28 references.

  9. Sustainable uranium energy - an optional future

    International Nuclear Information System (INIS)

    Meneley, D.

    2015-01-01

    After 50 plus years of working on uranium fission principles and application, it is a bit hard for me to talk about anything else - but I'll give it a try. To start, I solemnly promise not to recommend to you any new reactor design - be it small, medium, modular, or large. The Uranium-fuelled power plant will be discussed ONLY as a finished product. Note that this sketch is an optional future. Ontario will, of course, take it or leave it, in whole or in part. This paper concentrates on future potential achievements of the CANDU nuclear energy systems. In the past, this venture has produced several modular systems, ranging from small (NPD and CANDU 3), medium (CANDU 6 and 6E) and large (Bruce, Darlington, and CANDU 9). All of these projects are more Ol' less finished products, and yet the CANDU concept still has broad scope for refinement and upgrading. This paper is, however, not about nuclear technology per se, but rather it is about what nuclear energy can do, both now and in the future. What does Ontario need to do next, in the line of technology applications that can help deal with the negative aspects of human-induced climate change? What energy systems can be installed to sustain the wealth and prosperity that Ontario's citizens now enjoy? What are the opportunities and the engineering challenges ahead of us? I do wish to apologize in advance for errors and omissions, and can only hope that missed details do not detract nor completely destroy an optimistic vision. Energy engineering is my game. Economics is not my specialty though it is an integral part of every engineering project. It is likely that the topic of economics will dominate the future choice of world energy supply, whatever that choice may be. Some people claim that the decisive factor dominating decisions with respect to uranium energy will be fear. In fact many opponents of the associated technology aim to induce fear as their main guiding theme. On the contrary, it is more reasonable to expect

  10. Sustainable uranium energy - an optional future

    Energy Technology Data Exchange (ETDEWEB)

    Meneley, D. [Univ. of Ontario Inst. of Tech., Oshawa, Ontario (Canada)

    2015-06-15

    After 50 plus years of working on uranium fission principles and application, it is a bit hard for me to talk about anything else - but I'll give it a try. To start, I solemnly promise not to recommend to you any new reactor design - be it small, medium, modular, or large. The Uranium-fuelled power plant will be discussed ONLY as a finished product. Note that this sketch is an optional future. Ontario will, of course, take it or leave it, in whole or in part. This paper concentrates on future potential achievements of the CANDU nuclear energy systems. In the past, this venture has produced several modular systems, ranging from small (NPD and CANDU 3), medium (CANDU 6 and 6E) and large (Bruce, Darlington, and CANDU 9). All of these projects are more Ol' less finished products, and yet the CANDU concept still has broad scope for refinement and upgrading. This paper is, however, not about nuclear technology per se, but rather it is about what nuclear energy can do, both now and in the future. What does Ontario need to do next, in the line of technology applications that can help deal with the negative aspects of human-induced climate change? What energy systems can be installed to sustain the wealth and prosperity that Ontario's citizens now enjoy? What are the opportunities and the engineering challenges ahead of us? I do wish to apologize in advance for errors and omissions, and can only hope that missed details do not detract nor completely destroy an optimistic vision. Energy engineering is my game. Economics is not my specialty though it is an integral part of every engineering project. It is likely that the topic of economics will dominate the future choice of world energy supply, whatever that choice may be. Some people claim that the decisive factor dominating decisions with respect to uranium energy will be fear. In fact many opponents of the associated technology aim to induce fear as their main guiding theme. On the contrary, it is more

  11. A model of residential energy end-use in Canada: Using conditional demand analysis to suggest policy options for community energy planners

    International Nuclear Information System (INIS)

    Newsham, Guy R.; Donnelly, Cara L.

    2013-01-01

    We applied conditional demand analysis (CDA) to estimate the average annual energy use of various electrical and natural gas appliances, and derived energy reductions associated with certain appliance upgrades and behaviours. The raw data came from 9773 Canadian households, and comprised annual electricity and natural gas use, and responses to >600 questions on dwelling and occupant characteristics, appliances, heating and cooling equipment, and associated behaviours. Replacing an old (>10 years) refrigerator with a new one was estimated to save 100 kW h/year; replacing an incandescent lamp with a CFL/LED lamp was estimated to save 20 kW h/year; and upgrading an old central heating system with a new one was estimated to save 2000 kW h/year. This latter effect was similar to that of reducing the number of walls exposed to the outside. Reducing the winter thermostat setpoint during occupied, waking hours was estimated to lower annual energy use by 200 kW h/°C-reduction, and lowering the thermostat setting overnight in winter relative to the setting during waking hours (night-time setback) was estimated to have a similar effect. This information may be used by policy-makers to optimize incentive programs, information campaigns, or other energy use change instruments. - Highlights: ► Conditional demand analysis (CDA) applied to data from 9773 Canadian households. ► Energy savings associated with certain appliance upgrades estimated. ► Energy savings associated with thermostat behaviours estimated. ► Policy-makers can use findings to optimize incentives and information campaigns

  12. How high are option values in energy-efficiency investments?

    International Nuclear Information System (INIS)

    Sanstad, A.H.; Blumstein, C.; Stoft, S.E.; California Univ., Berkeley, CA,

    1995-01-01

    High implicit discount rates in consumers' energy-efficiency investments have long been a source of controversy. In several recent papers, Hassett and Metcalf argue that the uncertainty and irreversibility attendant to such investments, and the resulting option value, account for this anomalously high implicit discounting. Using their model and data, we show that, to the contrary, their analysis falls well short of providing an explanation of this pattern. (author)

  13. Climate change and the economics of biomass energy feedstocks in semi-arid agricultural landscapes: A spatially explicit real options analysis.

    Science.gov (United States)

    Regan, Courtney M; Connor, Jeffery D; Raja Segaran, Ramesh; Meyer, Wayne S; Bryan, Brett A; Ostendorf, Bertram

    2017-05-01

    The economics of establishing perennial species as renewable energy feedstocks has been widely investigated as a climate change adapted diversification option for landholders, primarily using net present value (NPV) analysis. NPV does not account for key uncertainties likely to influence relevant landholder decision making. While real options analysis (ROA) is an alternative method that accounts for the uncertainty over future conditions and the large upfront irreversible investment involved in establishing perennials, there have been limited applications of ROA to evaluating land use change decision economics and even fewer applications considering climate change risks. Further, while the influence of spatially varying climate risk on biomass conversion economic has been widely evaluated using NPV methods, effects of spatial variability and climate on land use change have been scarcely assessed with ROA. In this study we applied a simulation-based ROA model to evaluate a landholder's decision to convert land from agriculture to biomass. This spatially explicit model considers price and yield risks under baseline climate and two climate change scenarios over a geographically diverse farming region. We found that underlying variability in primary productivity across the study area had a substantial effect on conversion thresholds required to trigger land use change when compared to results from NPV analysis. Areas traditionally thought of as being quite similar in average productive capacity can display large differences in response to the inclusion of production and price risks. The effects of climate change, broadly reduced returns required for land use change to biomass in low and medium rainfall zones and increased them in higher rainfall areas. Additionally, the risks posed by climate change can further exacerbate the tendency for NPV methods to underestimate true conversion thresholds. Our results show that even under severe drying and warming where crop yield

  14. An initial analysis of options for a UK feed-in tariff for photovoltaic energy, from an array owner's viewpoint

    International Nuclear Information System (INIS)

    Plater, Steve

    2009-01-01

    The UK government has announced the introduction from April 2010 of a feed-in tariff (FIT) for renewable energy, and initiated a consultation on its design. This paper compares three possible variants of a UK FIT for rooftop photovoltaic (PV) arrays, on the basis of calculated income and array cost payback time, and for three locations (north, central and southern England) and various levels of household electricity consumption. This modelling is based on an FIT rate equivalent to Germany's. It concludes that an FIT which paid only for PV electricity surplus to on-site needs, and exported to the grid, would mean a simple payback time too long to make array purchase appealing. Preferable would be either export to the grid of all PV electricity for FIT payment; or a lower FIT rate for electricity used on-site, plus full FIT for any surplus exported. The latter would involve significantly lower costs in feed-in tariff payments. Finally, the effect of the UK government's illustrative FIT rate for consultation is examined for the same locations and annual consumption levels.

  15. Nuclear energy - an option for Croatian sustainable development

    International Nuclear Information System (INIS)

    Mikulicic, V.; Skanata, D.; Simic, Z.

    1996-01-01

    The uncertainties of growth in Croatian future energy, particularly electricity demand, together with growing environmental considerations and protection constraints, are such that Croatia needs to have flexibility to respond by having the option of expanding the nuclear sector. The paper deals with nuclear energy as an option for croatian sustainable economic development. The conclusion is that there is a necessity for extended use of nuclear energy in Croatia because most certainly nuclear energy can provide energy necessary to sustain progress. (author)

  16. Analysis of technological options for electric energy generation from urban solid wastes; Analise de opcoes tecnologicas para geracao de energia eletrica a partir de residuos solidos urbanos

    Energy Technology Data Exchange (ETDEWEB)

    Furtado, J.G. de M.; Serra, E.T. [Centro de Pesquisas de Energia Eletrica (CEPEL), Rio de Janeiro, RJ (Brazil)], Emails: furtado@cepel.br, etserra@cepel.br

    2010-07-01

    This paper evaluates technologically of the options existents for generation of electric power from the urban solid wastes (USW), based on application of factoring method for estimation of investments based on basic description of the plant, it main equipment and technological complexity, viewing to contribute for determination of better technical and economical form, and the energy using. The results of the effectuated analyses indicates that the most technological complexity of the gasification and thermal plasma, and be encountered on non commercial in great scale as well, make the the option present the greatest index of investment and relative cost, determining the greatest costs of electric power generated through this process.

  17. Greenhouse Gas Mitigation Options in ISEEM Global Energy Model: 2010-2050 Scenario Analysis for Least-Cost Carbon Reduction in Iron and Steel Sector

    Energy Technology Data Exchange (ETDEWEB)

    Karali, Nihan; Xu, Tengfang; Sathaye, Jayant

    2013-12-01

    The goal of the modeling work carried out in this project was to quantify long-term scenarios for the future emission reduction potentials in the iron and steel sector. The main focus of the project is to examine the impacts of carbon reduction options in the U.S. iron and steel sector under a set of selected scenarios. In order to advance the understanding of carbon emission reduction potential on the national and global scales, and to evaluate the regional impacts of potential U.S. mitigation strategies (e.g., commodity and carbon trading), we also included and examined the carbon reduction scenarios in China’s and India’s iron and steel sectors in this project. For this purpose, a new bottom-up energy modeling framework, the Industrial Sector Energy Efficiency Modeling (ISEEM), (Karali et al. 2012) was used to provide detailed annual projections starting from 2010 through 2050. We used the ISEEM modeling framework to carry out detailed analysis, on a country-by-country basis, for the U.S., China’s, and India’s iron and steel sectors. The ISEEM model applicable to iron and steel section, called ISEEM-IS, is developed to estimate and evaluate carbon emissions scenarios under several alternative mitigation options - including policies (e.g., carbon caps), commodity trading, and carbon trading. The projections will help us to better understand emission reduction potentials with technological and economic implications. The database for input of ISEEM-IS model consists of data and information compiled from various resources such as World Steel Association (WSA), the U.S. Geological Survey (USGS), China Steel Year Books, India Bureau of Mines (IBM), Energy Information Administration (EIA), and recent LBNL studies on bottom-up techno-economic analysis of energy efficiency measures in the iron and steel sector of the U.S., China, and India, including long-term steel production in China. In the ISEEM-IS model, production technology and manufacturing details are

  18. Probabilistic analysis of modernization options

    International Nuclear Information System (INIS)

    Wunderlich, W.O.; Giles, J.E.

    1991-01-01

    This paper reports on benefit-cost analysis for hydropower operations, a standard procedure for reaching planning decisions. Cost overruns and benefit shortfalls are also common occurrences. One reason for the difficulty of predicting future benefits and costs is that they usually cannot be represented with sufficient reliability by accurate values, because of the many uncertainties that enter the analysis through assumptions on inputs and system parameters. Therefore, ranges of variables need to be analyzed instead of single values. As a consequence, the decision criteria, such as net benefit and benefit-cost ratio, also vary over some range. A probabilistic approach will be demonstrated as a tool for assessing the reliability of the results

  19. DRDC Power and Energy S and T Option Analysis and Recommendations: A Response to Cross-Cutting Client S and T Requirements

    Science.gov (United States)

    2015-05-01

    Fuel 13% Diesel 8% Gasoline 3% Electricity 16% Natural Gas 9% Light Heating Oil 3% Heavy Heating Oil 2% Aviation Fuel 46% DRDC-RDDC-2015-R068...Support. Force Generation and Support Program deliverables:  Efficiency of engines , structures, lighting, etc. will be improved, alternate...with the aim of achieving greater operational energy efficiencies while maintaining, or improving, existing DND/CAF capabilities. The option

  20. Analysis of Options Contract, Option Pricing in Agricultural Products

    Directory of Open Access Journals (Sweden)

    H. Tamidy

    2016-03-01

    Full Text Available Introduction: Risk is an essential component in the production and sale of agricultural products. Due to the nature of agricultural products, the people who act in this area including farmers and businesspersons encounter unpredictable fluctuations of prices. On the other hand, the firms that process agricultural products also face fluctuation of price of agricultural inputs. Given that the Canola is considered as one of the inputs of product processing factories, control of unpredictable fluctuations of the price of this product would increase the possibility of correct decision making for farmers and managers of food processing industries. The best available tool for control and management of the price risk is the use of future markets and options. It is evident that the pricing is the main pillar in every trade. Therefore, offering a fair price for the options will be very important. In fact, options trading in the options market create cost insurance stopped. In this way, which can reduce the risks of deflation created in the future, if the person entitled to the benefits of the price increase occurs in the future. Unlike the futures, market where the seller had to deliver the product on time, in the options market, there is no such compulsion. In addition, this is one of the strengths of this option contract, because if there is not enough product for delivery to the futures market as result of chilling, in due course, the farmers suffer, but in the options market there will be a loss. In this study, the setup options of rape, as a product, as well as inputs has been paid for industry. Materials and Methods: In this section. The selection criteria of the disposal of asset base for valuation of European put options and call option is been introduced. That for obtain this purpose, some characteristics of the goods must considered: 1-Unpredictable fluctuations price of underlying asset 2 -large underlying asset cash market 3- The possibility

  1. Assessment of energy efficiency options in the building sector of Lebanon

    International Nuclear Information System (INIS)

    Chedid, R.B.; Ghajar, R.F.

    2004-01-01

    This paper examines the merits of implementing energy efficiency policies in the building sector in Lebanon following the approach normally adopted in Climate Change studies. The paper first examines the impact of the energy sector on the Lebanese economy, and then assesses the feasibility of implementing suitable energy efficiency options in the building sector. For this purpose, a detailed analysis of the building sector in Lebanon is presented with emphasis on the thermal characteristics of building envelopes and the energy consuming equipment. The long-term benefits of applying energy efficiency options in the building sector are then assessed using a scenario-type analysis that compares these benefits against those of a baseline scenario that assumes no significant implementation of energy efficiency policies. Finally, feasible options are highlighted and recommendations to remove the major barriers hindering the penetration of energy efficiency options in the Lebanese market are provided

  2. Energy priorities and options for the European Community

    International Nuclear Information System (INIS)

    Audland, C.J.

    1984-01-01

    The paper discusses the energy priorities and options for the European Community. Reasons for the recent improvement in the efficiency of energy use are briefly discussed, as well as the outlook for 1990, priorities for the future, solid fuels. natural gas, electricity and nuclear energy. Energy policy considerations in the United Kingdom are also mentioned. (U.K.)

  3. Nuclear energy - option for the future. Proceedings

    International Nuclear Information System (INIS)

    1996-01-01

    The goal of this conference was to analyse the future national and international problems arising with energy supplies with regard to the large mass flows and CO 2 flows involved in the use of nuclear energy. The following topics are dealt with: - nuclear energy, world-wide energy management and developments in Europe and Asia - disposal and ultimate waste disposal, plutonium management, an assessment of the Chernobyl accident 10 years on - new reactor developments in the energy mix - the costs arising with nuclear energy in the energy mix. In view of the demand made by climate researchers, to reduce CO 2 , and the additional construction work planned in the eastern and Asian areas, it will remain necessary for the Federal Republic of Germany,too, to maintain the know-how and technology for nuclear energy generation. (orig./DG)

  4. Real Options Analysis of Mining Projects

    OpenAIRE

    Rudolf Zdravlje

    2011-01-01

    When long life assets are being evaluated based on constant predictions of future variables and the assumptions of zero management flexibility, is value being missed? In project evaluation today, the most common evaluation methods that calculate a net present value are discounted cash flow (DCF) analysis, decision tree analysis and Monte Carlo simulation. A fourth method, which is beginning to gain ground in terms of its use in the mining industry, is real option analysis (ROA). ROA utilizes ...

  5. Energy policy options for Illinois. Proceedings. [26 papers

    Energy Technology Data Exchange (ETDEWEB)

    1977-01-01

    Twenty-six papers presented at the Fifth Annual Oil Illinois Energy Conference are categorized into five sections, namely: An overview of U.S. and Illinois Energy Policy; Energy Policy; Conservation--Solar--Biomass and Solid Wastes; Energy Policy; Petroleum and Natural Gas; Energy Policy; Coal and Electric Utilities; and Economic and Consumer Concerns. One paper, A Perspective on Long-Range Nuclear Energy Options, by William O. Harms has previously appeared in EAPA 4: 1364. (MCW)

  6. Renewable energy policy options for Abu Dhabi: Drivers and barriers

    International Nuclear Information System (INIS)

    Mezher, Toufic; Dawelbait, Gihan; Abbas, Zeina

    2012-01-01

    Climate change and fossil fuel depletion are the main drivers for the recent focus on Renewable Energy (RE) resources. However, since the high cost of RE technologies is the main obstacle facing the diffusion of RE power generation, economic and political intervention is inevitable. In the United Arab Emirates (UAE) population and economic growth are the main causes of a sharp increase of energy demand. Two key related factors highlight the need to establish a RE sector: first the UAE has one of the highest carbon footprint in the world and second, the rate of depletion of its main energy generation resource – fossil fuel. In this study, we present a review of overall policies in sixty-one countries, focusing on their efforts to adopt RE resources in the power sector, and on their implementation of fundamental policies implemented. Furthermore, we investigate the applicability to Abu Dhabi UAE of the main RE policies implemented worldwide. As a result of our analysis, we recommend the implementation of a mixed policy of Feed-in-Tariff (FIT) and the Quota system for RE electricity generation in order for the UAE to meet its 7% target by 2020. - Highlights: ► Comprehensive review of renewable energy policy mechanisms. ► Summarizes the renewable energy policy adoptions, targets, and installed capacity in many countries. ► Gives recommendations on renewable energy policy options for Abu Dhabi, an oil rich country.

  7. Pricing and Hedging Quanto Options in Energy Markets

    DEFF Research Database (Denmark)

    Benth, Fred Espen; Lange, Nina; Myklebust, Tor Åge

    2015-01-01

    –Jarrow–Morton approach, we derive a closed-form option pricing formula for energy quanto options under the assumption that the underlying assets are lognormally distributed. Our approach encompasses several interesting cases, such as geometric Brownian motions and multifactor spot models. We also derive Delta and Gamma......In energy markets, the use of quanto options has increased significantly in recent years. The payoff from such options are typically written on an underlying energy index and a measure of temperature. They are suited to managing the joint price and volume risk in energy markets. Using a Heath...... expressions for hedging. Further, we illustrate the use of our model by an empirical pricing exercise using NewYork Mercantile Exchange-traded natural gas futures and Chicago Mercantile Exchange-traded heating degree days futures for NewYork....

  8. Pricing and Hedging Quanto Options in Energy Markets

    DEFF Research Database (Denmark)

    Benth, Fred Espen; Lange, Nina; Myklebust, Tor Åge

    approach we derive a closed form option pricing formula for energy quanto options, under the assumption that the underlying assets are log-normally distributed. Our approach encompasses several interesting cases, such as geometric Brownian motions and multifactor spot models. We also derive delta and gamma......In energy markets, the use of quanto options have increased significantly in the recent years. The payoff from such options are typically written on an underlying energy index and a measure of temperature and are suited for managing the joint price and volume risk in energy markets. Using an HJM...... expressions for hedging. Furthermore, we illustrate the use of our model by an empirical pricing exercise using NYMEX traded natural gas futures and CME traded Heating Degree Days futures for New York....

  9. Energy options in the United Kingdom

    Energy Technology Data Exchange (ETDEWEB)

    Evans, S C [ed.

    1975-01-01

    The United Kingdom faces two issues: how can it survive the present massive increases in oil prices and the probability of even more expensive supplies in the future or how can it adjust to the eventual exhaustion of both fossil and nuclear fuels. The theme of the symposium concerned a search for a practical alternative source of energy to fossil and nuclear fuels and which ones would work in the United Kingdom. Papers were presented entitled: Geothermal Energy; Solar Energy in Britain; and Wind and Water Sources of Energy in the United Kingdom. A final paper, High- and Low-Growth Scenarios, examined these two types for the future. Many questions, answeres and comments about energy sources are contained in a final presentation. (MCW)

  10. Options for Energy Conservation and Emission Reductions in Transportation Means for Goods Distribution

    DEFF Research Database (Denmark)

    Jørgensen, Kaj

    1996-01-01

    The report contains an analysis of the technological options and potentials for development of transportation means with low energy consumption and emissions. The main focus is on transportation means utilised in the distribution of groceries.......The report contains an analysis of the technological options and potentials for development of transportation means with low energy consumption and emissions. The main focus is on transportation means utilised in the distribution of groceries....

  11. Energy options and the global environment

    International Nuclear Information System (INIS)

    Colombo, U.

    1986-01-01

    First, a brief historical sketch of the progress of industrialized society and the change in the quantity and quality of energy system accompanying it is made. It is likely to see a very unstable oil market in future, and it is irresponsible to continue the use of oil simply by burning it to obtain heat and electricity. This time is the opportunity to complete a new energy transition, preserving oil for more effective utilization. There is no single energy source which is as versatile, easy to transport and to use, and cheap as oil, therefore, the relative merits and demerits of various available resources must be carefully assessed. Natural gas, the green-house effect caused by burning fossil fuel, hydroelectric power, nuclear fission power, solar, biomass, wind and geothermal energies are discussed. The important alternatives for the future are nuclear fission power, biomass, and by the middle of the next century, nuclear fusion energy. A pluralistic system is the best suitable to the complex society of the next century, having about 8 billion population. A scenario representing the contribution of nuclear energy in 2050 is illustrated, but the clouds on the nuclear horizon must be dispelled. (Kako, I.)

  12. Valuing of research project in energy field with real options

    International Nuclear Information System (INIS)

    De Blasio, N.; Marzo, G.; Turatto, R.

    2008-01-01

    This article presents an application of real options theory for valuing a research project in the field of stranded gas valorisation. After a presentation of the theory, the analysis addresses the use of real options evaluation for generating alternative pathways in order to add new value to the R D projects. It also shows how real option approach may be important for selecting among competitive projects, but also for providing a system for valorisation of decision-maker flexibility [it

  13. Kalaeloa Energy System Redevelopment Options Including Advanced Microgrids.

    Energy Technology Data Exchange (ETDEWEB)

    Hightower, Marion Michael [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Baca, Michael J. [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); VanderMey, Carissa [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States)

    2017-03-01

    In June 2016, the Department of Energy's (DOE's) Office of Energy Efficiency and Renewable Energy (EERE) in collaboration with the Renewable Energy Branch for the Hawaii State Energy Office (HSEO), the Hawaii Community Development Authority (HCDA), the United States Navy (Navy), and Sandia National Laboratories (Sandia) established a project to 1) assess the current functionality of the energy infrastructure at the Kalaeloa Community Development District, and 2) evaluate options to use both existing and new distributed and renewable energy generation and storage resources within advanced microgrid frameworks to cost-effectively enhance energy security and reliability for critical stakeholder needs during both short-term and extended electric power outages. This report discusses the results of a stakeholder workshop and associated site visits conducted by Sandia in October 2016 to identify major Kalaeloa stakeholder and tenant energy issues, concerns, and priorities. The report also documents information on the performance and cost benefits of a range of possible energy system improvement options including traditional electric grid upgrade approaches, advanced microgrid upgrades, and combined grid/microgrid improvements. The costs and benefits of the different improvement options are presented, comparing options to see how well they address the energy system reliability, sustainability, and resiliency priorities identified by the Kalaeloa stakeholders.

  14. World Energy Outlook - 2050: Policy Options

    Energy Technology Data Exchange (ETDEWEB)

    Ghouri, Salman Saif

    2007-07-01

    The paper analyzes the historical trends, resource distribution and forecasts the regional total primary energy consumption (TPEC) to 2050. The purpose is to provide a most probable path so that appropriate policies can be made to enhance/slowdown the energy consumption without hampering economic growth. Global TPEC is most likely to reach 763-1259 Quadrillion Btu (QBtu) to 2050 with reference case trending between and stood at 978 QBtu. By 2050 the equation of TPEC is expected to be tilted in favor of developing countries when their share is increased from 47 percent in 2003 to 59 percent. Asia developing region becomes the largest consumer of TPEC; however on per capita basis it remains the lowest after Africa. The forecast gives some guidance to policy makers. Which policy measures should be taken to ensure availability of predicted level of energy resources? How should we mobilize sizeable investment to increase the expected production/capacity/logistic both in the producing and consuming countries? Simultaneously, what strategic measures should be taken: to improve energy efficiency/conservation, development/promotion of renewable sources of energies and check population growth to downward shift the probable TPEC path without compromising economic growth, productivity and quality of life? (auth)

  15. Assessment of CO2 free energy options

    International Nuclear Information System (INIS)

    Cavlina, N.; Raseta, D.; Matutinovic, I.

    2014-01-01

    One of the European Union climate and energy targets is to significantly reduce CO 2 emissions, at least 20% by 2020, compared to 1990. In the power industry, most popular solution is use of solar and wind power. Since their production varies significantly during the day, for the purpose of base-load production they can be paired with gas-fired power plant. Other possible CO 2 -free solution is nuclear power plant. This article compared predicted cost of energy production for newly built nuclear power plant and newly built combination of wind or solar and gas-fired power plant. Comparison was done using Levelized Unit of Energy Cost (LUEC). Calculations were performed using the Monte Carlo method. For input parameters that have biggest uncertainty (gas cost, CO 2 emission fee) those uncertainties were addressed not only through probability distribution around predicted value, but also through different scenarios. Power plants were compared based on their economic lifetime. (authors)

  16. Marketing energy conservation options to Northwest manufactured home buyers

    Energy Technology Data Exchange (ETDEWEB)

    Hendrickson, P.L.; Mohler, B.L.; Taylor, Z.T.; Lee, A.D.; Onisko, S.A.

    1985-06-01

    This study relies on extensive, existing survey data and new analyses to develop information that would help design a marketing plan to achieve energy conservation in new manufactured homes. Existing surveys present comprehensive information about regional manufactured home occupants and their homes that are relevant to a potential conservation marketing plan. An independent analysis of the cost-effectiveness of various efficiency improvements provides background information for designing a marketing plan. This analysis focuses on the economic impacts of alternative energy conservation options as perceived by the home owner. Identifying impediments to conservation investments is also very important in designing a marketing plan. A recent report suggests that financial constraints and the need for better information and knowledge about conservation pose the major conservation investment barriers. Since loan interest rates for new manufactured homes typically exceed site-built rates by a considerable amount and the buyers tend to have lower incomes, the economics of manufactured home conservation investments are likely to significantly influence their viability. Conservation information and its presentation directly influences the manufactured home buyer's decision. A marketing plan should address these impediments and their implications very clearly. Dealers express a belief that consumer satisfaction is the major advantage to selling energy efficient manufactured homes. This suggests that targeting dealers in a marketing plan and providing them direct information on consumers' indicated attitudes may be important. 74 refs.

  17. Energy Options in an HJM Framework

    DEFF Research Database (Denmark)

    Lyse Hansen, Thomas; Astrup Jensen, Bjarne

    2004-01-01

    It is a delicate matter to trade spot products and financial derivatives in energy markets. Op-posite to bond and stock markets, the underlying assets are real products and a significant partof the demand for them represents a real need for the products, which can only be substitutedaway with some...... difficulties or, in some cases, only in a prohibitively costly manner. This isparticularly true in the spot market, where the demand is almost always met, but where thespot price processes can be quite different from the spot price processes conventionally used inthe pricing of derivatives. This pattern...

  18. Uranium Resource Availability Analysis of Four Nuclear Fuel Cycle Options

    International Nuclear Information System (INIS)

    Youn, S. R.; Lee, S. H.; Jeong, M. S.; Kim, S. K.; Ko, W. I.

    2013-01-01

    Making the national policy regarding nuclear fuel cycle option, the policy should be established in ways that nuclear power generation can be maintained through the evaluation on the basis of the following aspects. To establish the national policy regarding nuclear fuel cycle option, that must begin with identification of a fuel cycle option that can be best suited for the country, and the evaluation work for that should be proceeded. Like all the policy decision, however, a certain nuclear fuel cycle option cannot be superior in all aspects of sustain ability, environment-friendliness, proliferation-resistance, economics, technologies, which make the comparison of the fuel cycle options very complicated. For such a purpose, this paper set up four different fuel cycle of nuclear power generation considering 2nd Comprehensive Nuclear Energy Promotion Plan(CNEPP), and analyzed material flow and features in steady state of all four of the fuel cycle options. As a result of an analysis on material flow of each nuclear fuel cycle, it was analyzed that Pyro-SFR recycling is most effective on U resource availability among four fuel cycle option. As shown in Figure 3, OT cycle required the most amount of U and Pyro-SFR recycle consumed the least amount of U. DUPIC recycling, PWR-MOX recycling, and Pyro-SFR recycling fuel cycle appeared to consumed 8.2%, 12.4%, 39.6% decreased amount of uranium respectively compared to OT cycle. Considering spent fuel can be recycled as potential energy resources, U and TRU taken up to be 96% is efficiently used. That is, application period of limited uranium natural resources can be extended, and it brings a great influence on stable use of nuclear energy

  19. Options for Energy Upgrade of the Hall B Tagger

    International Nuclear Information System (INIS)

    H. Crannell; D. Sober

    1998-01-01

    Four options for an energy upgrade of the present Hall-B Tagger have been considered. These are: (1) Boost the magnetic field in the present Tagger; (2) Replace the Tagger with a new Tagger system; (3) Install a pre-Tagger magnetic chacain, and (4) Use the present Tagger as part of the beam dump. In this document each of these options is described briefly, the advantages and disadvantages of each are presented, and a very rough cost of implementation is suggested

  20. Carbon finance options in renewable energy

    International Nuclear Information System (INIS)

    Nahar, P.

    2010-01-01

    The Kyoto Protocol splits the world into two categories, notably Annex 1 with binding targets; and non-Annex 1 without any binding targets. This presentation discussed the Kyoto Protocol, with particular reference to the flexibility mechanisms which allow countries to achieve their emission targets in a cost effective way through emission trading, joint implementation, or clean development mechanisms (CDM). The CDM was outlined in detail in terms of how it works. The CDM key concepts include baseline use, additionality, and monitoring. Reasons for risk and CDM renewable energy projects were also outlined. Other topics that were presented included the impact of carbon finance; United States federal climate policy; European Union policy; EVO structured carbon; portfolio management; and EVO structured carbon. tabs., figs.

  1. Real Options Analysis of Electricity Investments

    Energy Technology Data Exchange (ETDEWEB)

    Heggedal, Ane Marte

    2012-07-01

    This thesis utilizes real options analysis for evaluating investment opportunities in the electricity sector. It also formally tests how investors in hydropower plants have included uncertainty when considering their investment opportunities. The real options method applies financial options theory to quantify the value of management flexibility and is chosen due to three important characteristics of investments in the electricity sector. First; the investment is completely or partially irreversible, second; the investor can choose when to invest in the facility, and third; there is uncertainty in several factors affecting the cash flows of the investments. Factors of uncertainty include the development of electricity prices, policies, technological advances, and macroeconomics measures.Four papers are included in this thesis. Paper 1, Upgrading hydropower plants with storage: Timing and capacity choice, presents a valuation framework for deciding when to upgrade an existing hydropower plant and which capacity to choose. The second paper, Transmission capacity between Norway and Germany: A real options analysis, sheds light on when two electricity markets, in this case Norway and Germany, should be connected through a sub sea cable. The investor can choose when to invest and the capacity of the cable, and may also choose to invest sequentially. Paper 3, Optimal timing and capacity choice for pumped hydropower storage, investigates when investment in a pumped hydropower plant with storage should be undertaken and what the capacity of the facility should be. Whereas the three first papers investigate investment opportunities, Paper 4, Uncertain climate policy decisions and investment timing: Evidence from small hydropower plants, studies when investors in small hydropower plants chose to invest. The analyses disclose whether the net present value approach or the real options method best describe the investment decisions made by the investors. Viewing investment

  2. Energy conservation options for cooking with biomass in Ghana

    DEFF Research Database (Denmark)

    Nielsen, Per Sieverts; Næraa, Rikke; Karlsson, Kenneth

    1996-01-01

    Cooking is the main energy consuming activity in Ghana. This is mainly due to a generally low material standard of living, but also because the cooking process itself is energy inefficient. The fuel for cooking in Ghana is mainly biomass either in the form of wood, agricultural residues or charcoal....... An energy chain for the cooking process is established and the possible conservation options are surveyed in kitchen performance tests in Abodom in the tropical zone of Ghana. The energy consumption for the food preparation has been measured and energy saving options have been determined for some parts...... point has been reached. Most cooks tend to continue using a high heat supply even though it is not necessary. This process is often carried out without lid on the pot even though the use of lid will reduce the energy loss considerably. It is also concluded that the average fuelwood consumption in Abodom...

  3. Optimization of FRAP uncertainty analysis option

    International Nuclear Information System (INIS)

    Peck, S.O.

    1979-10-01

    The automated uncertainty analysis option that has been incorporated in the FRAP codes (FRAP-T5 and FRAPCON-2) provides the user with a means of obtaining uncertainty bands on code predicted variables at user-selected times during a fuel pin analysis. These uncertainty bands are obtained by multiple single fuel pin analyses to generate data which can then be analyzed by second order statistical error propagation techniques. In this process, a considerable amount of data is generated and stored on tape. The user has certain choices to make regarding which independent variables are to be used in the analysis and what order of error propagation equation should be used in modeling the output response. To aid the user in these decisions, a computer program, ANALYZ, has been written and added to the uncertainty analysis option package. A variety of considerations involved in fitting response surface equations and certain pit-falls of which the user should be aware are discussed. An equation is derived expressing a residual as a function of a fitted model and an assumed true model. A variety of experimental design choices are discussed, including the advantages and disadvantages of each approach. Finally, a description of the subcodes which constitute program ANALYZ is provided

  4. Towards more financing options for energy efficient buildings and houses

    International Nuclear Information System (INIS)

    Vethman, P.; Menkveld, M.

    2012-02-01

    This article offers an impression of the problems related to the limited financial options for energy efficient buildings and dwellings and possible solutions. It is based on a recent ECN study (RE-BIZZ) and several interviews about this topic with financers. There is a need for a more business appreciation of market parties such as financers for energy efficiency in buildings to increase financing options. The market needs the help of the government, which can help to remove barriers and hence make financing more appealing. [nl

  5. Global Assessment of Hydrogen Technologies – Tasks 3 & 4 Report Economic, Energy, and Environmental Analysis of Hydrogen Production and Delivery Options in Select Alabama Markets: Preliminary Case Studies

    Energy Technology Data Exchange (ETDEWEB)

    Fouad, Fouad H.; Peters, Robert W.; Sisiopiku, Virginia P.; Sullivan Andrew J.; Gillette, Jerry; Elgowainy, Amgad; Mintz, Marianne

    2007-12-01

    This report documents a set of case studies developed to estimate the cost of producing, storing, delivering, and dispensing hydrogen for light-duty vehicles for several scenarios involving metropolitan areas in Alabama. While the majority of the scenarios focused on centralized hydrogen production and pipeline delivery, alternative delivery modes were also examined. Although Alabama was used as the case study for this analysis, the results provide insights into the unique requirements for deploying hydrogen infrastructure in smaller urban and rural environments that lie outside the DOE’s high priority hydrogen deployment regions. Hydrogen production costs were estimated for three technologies – steam-methane reforming (SMR), coal gasification, and thermochemical water-splitting using advanced nuclear reactors. In all cases examined, SMR has the lowest production cost for the demands associated with metropolitan areas in Alabama. Although other production options may be less costly for larger hydrogen markets, these were not examined within the context of the case studies.

  6. Nuclear power- the inevitable option for future energy needs

    International Nuclear Information System (INIS)

    Prasad, Y.S.R.

    1995-01-01

    In the ensuring era development and deployment of electrical power sources will be governed by environmental changes, energy security and economical competitiveness. In the energy-mix scenario nuclear power has the potential and will make significant contributions in the coming decades. It is certain that nuclear power will continue to play a vital role in bridging the widening gap of demand and availability of energy in the years to come. In sum and substance, with the limited energy options available with India, nuclear power must assume greater share to meet the rapidly growing energy demands. Fortunately, country has a sound base for achieving the goal. 14 tabs., 3 figs

  7. Impact of Nuclear Energy Futures on Advanced Fuel Cycle Options

    International Nuclear Information System (INIS)

    Brent W. Dixon; Steven J. Piet

    2004-01-01

    The Nuclear Waste Policy Act requires the Secretary of Energy to inform Congress before 2010 on the need for a second geologic repository for spent nuclear fuel. By that time, the spent fuel discharged from current commercial reactors will exceed the statutory limit of the first repository (63,000 MTiHM commercial, 7,000 MT non-commercial). There are several approaches to eliminate the need for another repository in this century. This paper presents a high-level analysis of these spent fuel management options in the context of a full range of possible nuclear energy futures. The analysis indicates the best option to implement varies depending on the nuclear energy future selected. The first step in understanding the need for different spent fuel management approaches is to understand the size of potential spent fuel inventories. A full range of potential futures for domestic commercial nuclear energy is considered. These energy futures are as follows: 1. Existing License Completion - Based on existing spent fuel inventories plus extrapolation of future plant-by-plant discharges until the end of each operating license, including known license extensions. 2. Extended License Completion - Based on existing spent fuel inventories plus a plant-by-plant extrapolation of future discharges assuming on all operating plants having one 20-year extension. 3. Continuing Level Energy Generation - Based on extension of the current ∼100 GWe installed commercial base and average spent fuel discharge of 2100 MT/yr through the year 2100. 4. Continuing Market Share Generation - Based on a 1.8% compounded growth of the electricity market through the year 2100, matched by growing nuclear capacity and associated spent fuel discharge. 5. Growing Market Share Generation - Extension of current nuclear capacity and associated spent fuel discharge through 2100 with 3.2% growth representing 1.5% market growth (all energy, not just electricity) and 1.7% share growth. Share growth results in

  8. Solar Energy - An Option for Future Energy Production

    Science.gov (United States)

    Glaser, Peter E.

    1972-01-01

    Discusses the exponential growth of energy consumption and future consequences. Possible methods of converting solar energy to power such as direct energy conversion, focusing collectors, selective rediation absorbers, ocean thermal gradient, and space solar power are considered. (DF)

  9. Integrated economic assessment of energy and forestry mitigation options using MARKAL

    International Nuclear Information System (INIS)

    1998-01-01

    There have been a number of economic assessment of GHG mitigation studies carried out in Indonesia. Several alternative mitigation options for energy and non-energy sectors have been described and the economic assessment of the options has been done for each sectors. However, most of the economic assessment particularly for non-energy sector, was not to find a least cost option but the lowest cost options. A program called MARKAL developed by a consortium of energy specialists from more than a dozen countries in the early 1980s, is a program that can be used for optimization, so that the least cost options could be selected. Indonesia has used this program intensively for energy system analysis. Attempt to use this program for other sector has not been developed as this program was designed for energy sector. Therefore, using MARKAL for other sector, all activities of the other sectors should be treated as energy activities. This study is aimed to use MARKAL for analysing both energy and forestry sector together. This paper described briefly the methodology of using MARKAL for both energy and forestry sectors. As the activities in energy sector have unique characteristics, thus only forest activities are described in more detail. (au)

  10. DPRK energy sector development priorities: Options and preferences

    International Nuclear Information System (INIS)

    Hippel, David von; Hayes, Peter

    2011-01-01

    The goal of international negotiations with the Democratic People's Republic of Korea (DPRK), when they begin again, will be to convince the DPRK to give up its nuclear weapons and the capabilities to produce them. The DPRK's energy sector is a key to resolution of the issue. Thus offering a well-considered, well-structured package of energy sector assistance options will be key to the sustainable success of the negotiations. This article briefly reviews some of the key options for DPRK energy assistance ranging from human capacity-building in fields like energy efficiency, renewable energy, and energy markets, to assistance with rebuilding key electricity and coal mining infrastructure, to integrated pilot energy/electricity grid/economic development projects on the county level, to light-water nuclear reactors. It then reviews preferences for DPRK assistance options as offered by North Koreans, and a summary of the likely points of view of the key DPRK actors that will be involved in negotiations.

  11. Economic Evaluation for Energy Business Using Real Options Pricing Method

    Energy Technology Data Exchange (ETDEWEB)

    Yun, W.C. [Korea Energy Economics Institute, Euiwang (Korea)

    2001-11-01

    Recently, facing the new era of restructuring, privatization, and liberalization the energy industry in the world is changing rapidly, and thus the uncertain factors tend to increase. This would imply that energy-related business is now confronted with new market risks as well as the simple price risks. The traditional investment valuation method using the concept of net present value (NPV) or internal rate of revenue (IRR) might not incorporate the managerial alternatives which enable managers to respond flexibly to the changes in business environment. This study pointed out the problems of the traditional discounted cash flow (DCF) method when evaluating a certain capital investment in energy industry. As an alternative, the real option pricing method (ROPM) was proposed, which is widely adopted in the field of profit projection for the venture business. In addition, when applying to energy sector the feasibility of ROPM was discussed, and the frameworks and major results of previous related studies were described. For those using the ROPM in real business, I explained the detailed procedures and solutions of ROPM, and introduced the log-transformed binomial model which provides a more efficient solution. In order to verify the usefulness of the ROPM, this study performed an empirical analysis for a virtual construction and operation project of power plant. And, the results from the ROPM was compared to those from the traditional DCF method. Based on the empirical results, the values of various investment opportunities were shown to be high. Therefore, the project not justified in terms of traditional DCF would turn into the project with a positive gross project value, properly reflecting managerial flexibilities inherent in the original project. (author). 58 refs., 32 figs., 33 tabs.

  12. Utilizing waste heat. Energy recovery options for trade and industry

    Energy Technology Data Exchange (ETDEWEB)

    Krieg, W

    1988-08-01

    The article shows options for efficient and low-cost thermal energy recovery. Heat recovery involves a number of problems, e.g. the type of waste heat, the uses of the energy recovered, and the best way of utilizing it. There is no generally applicable way of solving these problems. Some practical examples are presented. Economically efficient solutions require detailed technical knowledge as well as a good portion of creativity and imagination. (BR).

  13. Energy supply options for climate change mitigation and sustainable development

    Energy Technology Data Exchange (ETDEWEB)

    Dobran, Flavio

    2010-09-15

    Modern society is dependent on fossil fuels for its energy needs, but their combustion is producing emissions of greenhouse gases that cause global warming. If these emissions remain unconstrained they risk of producing significant impacts on humanity and ecosystems. Replacement of fossil fuels with alternative energy sources can stabilize anthropogenic global warming and thus reduce the climate change impacts. The deployment of alternative energy supply technologies should be based on objectives that are consistent with sustainability indicators and incorporate quantitative risk assessment multiattribute utility decision methodologies capable of ascertaining effective future energy supply options.

  14. Options for Water, Energy and Chemical Savings for Finitex, Cape Town

    DEFF Research Database (Denmark)

    Schneider, Zsig; Wenzel, Henrik

    An analysis of the options identified for saving of water, energy and chemicals was conducted at Finitex, Cape Town on the 18th October 2002. Cost savings were calculated from an estimation of the reduction in cost of water, energy and chemical usage associated with various interventions. Capital...

  15. Risoe energy report 6. Future options for energy technologies

    Energy Technology Data Exchange (ETDEWEB)

    Larsen, Hans; Soenderberg Petersen, L [eds.

    2007-11-15

    Fossil fuels provide about 80% of the global energy demand, and this will continue to be the situation for decades to come. In the European Community we are facing two major energy challenges. The first is sustainability, and the second is security of supply, since Europe is becoming more dependent on imported fuels. These challenges are the starting point for the present Risoe Energy Report 6. It gives an overview of the energy scene together with trends and emerging energy technologies. The report presents status and trends for energy technologies seen from a Danish and European perspective from three points of view: security of supply, climate change and industrial perspectives. The report addresses energy supply technologies, efficiency improvements and transport. The report is volume 6 in a series of reports covering energy issues at global, regional and national levels. The individual chapters of the report have been written by staff members from the Technical University of Denmark and Risoe National Laboratory together with leading Danish and international experts. The report is based on the latest research results from Risoe National Laboratory, Technical University of Denmark, together with available internationally recognized scientific material, and is fully referenced and refereed by renowned experts. Information on current developments is taken from the most up-to-date and authoritative sources available. Our target groups are colleagues, collaborating partners, customers, funding organizations, the Danish government and international organizations including the European Union, the International Energy Agency and the United Nations. (au)

  16. Nuclear Energy: A Competitive and Safe Option, The EDF Experience

    International Nuclear Information System (INIS)

    Colas, F.

    1998-01-01

    Today, nuclear energy seems challenged by fossil energies, especially gas. However, the 1997's French government survey over energy options still places nuclear energy at the top of the list. The reasons why and how safe nuclear energy is still competitive are detailed in this paper. Most recent data from EDF's reactor will be discussed in terms of environmental and electricity production issues. The methods and management used to attain these results are explained for the different phases: design, construction, operation, and maintenance. The beneficial aspects over industrial development and local employment will be underlined. The influence of nuclear energy on EDF's financial results are shown, from past programme to today's operation. As most of french reactors are designed to adapt their output to the changes of load in the national grid, results are, as a conclusion, discussed in a small and medium electrical grid perspective. (author)

  17. U.S. energy policy: The nuclear energy option

    International Nuclear Information System (INIS)

    Erb, K.

    1992-01-01

    Thank you for the opportunity to talk about the role of nuclear energy in the President's National Energy Strategy, particularly as it affects your discussions at this International Aging Research Information Conference. Dr. D. Allan Bromley, the President's Science Advisor, asked me to convey to you his interest in your work - he has had a long association with your field - and to express his determination to work to help assure that nuclear energy realizes its potential as a safe, clean source of a substantial portion of our electricity. Dr. Bromley also asked me to read a message to the Conferees assembled here today, and I will do so at the conclusion of my remarks. The National Energy Strategy, or NES, is now just over one year old, and it is rapidly being translated into action. For example, the President's budget request proposes investing over $1.1 billion in FY 1993 toward implementation of the NES, an increase of 39% over our expenditures in 1991, the year the NES was formulated. This budget will support a broad range of activities, including results-oriented R ampersand D on a broad range of energy technologies. The Senate has passed an energy bill containing many of the elements of the NES, and the House is expected to pass a similar bill. But the aspect of the strategy that I want to discuss today is its conclusion that nuclear energy will become an increasingly important component of our energy supply portfolio. The NES reflects the realization that nuclear power provides an attractive means of generating the electricity that will be needed to support our economic growth and consequent improvements in quality of life as we move into the next century

  18. Energy scenario - environmental concerns and some options for the future

    International Nuclear Information System (INIS)

    Venkat Raj, V.; Saradhi, I.V.

    2002-01-01

    There is a strong link between energy consumption, particularly in the form of electricity, and economic well being. The substantial increase in energy consumption in the coming decades is expected to be driven principally by the developing world. However it is also well recognized that care should be taken to ensure that the increased energy consumption should not be at the cost of the environment. Of particular concern is the Green House Gas emissions. Reduction of GHGs will call for careful planning and appropriate choice of the energy mix. The expected Global/Indian energy scenario in the coming decades, the associated GHG emissions and some possible options to limit them are presented and discussed in the paper. (author)

  19. Investments in electricity generation in Croatian liberalized market: energy option

    International Nuclear Information System (INIS)

    Androcec, I.; Viskovic, A.; Slipac, G.

    2004-01-01

    The Republic of Croatia should have enough capacities built on its own territory to cover system's peak load at any time for ensuring a long-term reliability of its operation. According to annual increasing of electricity consumption and progressive shutdown of the oldest generating plants, the security of future electricity supply depends on new investments. The market, i.e. a competitive generation, is the driving force in the construction of new power plants. The main stimulus for the construction is the possibility of definite return of invested capital and enabling potential investors to realize the expected revenues (profit). The construction of generating capacities is subject of authorisation procedure or tendering procedure, by approval of the Energy Regulatory Council. The electricity market opening in Croatia is parallel process with establishment of regional energy market in South East Europe where the decision of investment in new power plant will be defined by regional investment priorities, all in the aspect of European Union enlargement. In those liberalisation conditions it is necessary to realize all possible energy options according to the Strategy of Energy Development of Republic of Croatia and to the regional energy market requirements or European Union Directives. New power plant will be realized, because of objective circumstances, through construction of gas power plant or coal power plant and possible nuclear power plant, and in much smaller size through construction of hydro power plants or power plants on renewable energy sources. The possibility of any energy option will be considered in view of: investment cost, operation and maintenance cost, fuel price, external costs, public influence, and through investor's risk. This paper is aiming to analyse the possibility of nuclear power plant construction in Croatia as well as in other small and medium electricity grids. Nuclear option will be comprehensively considered in technical

  20. TV Energy Consumption Trends and Energy-Efficiency Improvement Options

    Energy Technology Data Exchange (ETDEWEB)

    Park, Won Young; Phadke, Amol; Shah, Nihar; Letschert, Virginie

    2011-07-01

    The SEAD initiative aims to transform the global market by increasing the penetration of highly efficient equipment and appliances. SEAD is a government initiative whose activities and projects engage the private sector to realize the large global energy savings potential from improved appliance and equipment efficiency. SEAD seeks to enable high-level global action by informing the Clean Energy Ministerial dialogue as one of the initiatives in the Global Energy Efficiency Challenge. In keeping with its goal of achieving global energy savings through efficiency, SEAD was approved as a task within the International Partnership for Energy Efficiency Cooperation (IPEEC) in January 2010. SEAD partners work together in voluntary activities to: (1) ?raise the efficiency ceiling? by pulling super-efficient appliances and equipment into the market through cooperation on measures like incentives, procurement, awards, and research and development (R&D) investments; (2) ?raise the efficiency floor? by working together to bolster national or regional policies like minimum efficiency standards; and (3) ?strengthen the efficiency foundations? of programs by coordinating technical work to support these activities. Although not all SEAD partners may decide to participate in every SEAD activity, SEAD partners have agreed to engage actively in their particular areas of interest through commitment of financing, staff, consultant experts, and other resources. In addition, all SEAD partners are committed to share information, e.g., on implementation schedules for and the technical detail of minimum efficiency standards and other efficiency programs. Information collected and created through SEAD activities will be shared among all SEAD partners and, to the extent appropriate, with the global public.As of April 2011, the governments participating in SEAD are: Australia, Brazil, Canada, the European Commission, France, Germany, India, Japan, Korea, Mexico, Russia, South Africa, Sweden

  1. Cost/benefit analysis of biomass energy supply options for rural smallholders in the semi-arid eastern part of Shinyanga Region in Tanzania

    Energy Technology Data Exchange (ETDEWEB)

    Wiskerke, W.T.; Dornburg, V.; Faaij, A.P.C. [Department of Science, Technology and Society, Utrecht University, Heidelberglaan 2, 3584 CS, Utrecht (Netherlands); Rubanza, C.D.K. [Tanzania Forestry Research Institute (TAFORI)/National Forest Resource Management and Agroforestry Centre (NACRAF), P.O. Box 1257, Shinyanga (Tanzania); Malimbwi, R.E. [Faculty of Forestry and Natural Resources, Sokoine University, P.O. Box 3010, Morogoro (Tanzania)

    2010-01-15

    This study analyzes the economic feasibility of sustainable smallholder bio-energy production under semi-arid conditions. The eastern part of Shinyanga region in Tanzania was chosen as a case study area. Three different sustainable biomass energy supply systems were compared by means of cost/benefit analysis: a small-scale forestation project for carbon sequestration, a short rotation woodlot and a Jatropha plantation, thereby using the produced Jatropha oil as a substitute for fuelwood or diesel. Rotational woodlots are most profitable with a Net Present Value of up to US${sub 2007} 1165/ha, a return on labour of up to US${sub 2007} 6.69/man-day and a fuelwood production cost of US${sub 2007} 0.53/GJ, compared to a local market price of US${sub 2007} 1.95/GJ. With a production cost of US${sub 2007} 19.60/GJ, Jatropha oil is too expensive to be used as an alternative for fuelwood. Instead it can be utilized economically as a diesel substitute, at an observed diesel cost of US${sub 2007} 1.49/l. The mean annual biomass increment (MAI) in semi-arid East Shinyanga is too low to collect sufficient benefits from trading forestation carbon credits under the Clean Development Mechanism (CDM) to cover the costs of forestation and forest management. (author)

  2. Integrating energy and environmental goals. Investment needs and technology options

    International Nuclear Information System (INIS)

    2004-04-01

    , since their shares of global energy demand and emissions are expected to grow rapidly. Over the next thirty years, developing countries are expected to account for 70% of the growth in global energy demand and for two-thirds of the growth in global emissions. Section six looks at some of the challenges regarding investment and energy access. Security of energy supply is an important component in the planning of future technology options, because long-term security calls for a balance between energy sources and technologies. Governments have a role to play in tipping this balance, and this role is examined in section seven. A final section examines the uncertainties and costs of various policy initiatives over the long term

  3. Assessment of the mitigation options in the energy system in Bulgaria

    Energy Technology Data Exchange (ETDEWEB)

    Christov, C.; Vassilev, C.; Simenova, K. [and others

    1996-12-31

    Bulgaria signed the Framework Convention on Climate Change at the UNCEP in Rio in June 1992. The parliament ratified the Convention in March 1995. In compliance with the commitments arising under the Convention, Bulgaria elaborates climate change polity. The underlying principles in this policy are Bulgaria to joint the international efforts towards solving climate change problems to the extent that is adequate to both the possibilities of national economy and the options to attract foreign investments. All policies and measures implemented should be as cost-effective as possible. The Bulgarian GHG emission profile reveals the energy sector as the most significant emission source and also as an area where the great potential for GHG emissions reduction exists. This potential could be achieved in many cases by relatively low cost or even no-cost options. Mitigation analysis incorporates options in energy demand and energy supply within the period 1992-2020.

  4. The experience curve, option value, and the energy paradox

    International Nuclear Information System (INIS)

    Ansar, Jasmin; Sparks, Roger

    2009-01-01

    This paper develops a model to explain the 'energy paradox,' the inclination of households and firms to require very high internal rates of return in order to make energy-saving investments. The model abstracts from many features of such investments to focus on their irreversibility, the uncertainty of their future payoff streams, and the investor's anticipation of future technological advance. In this setting, the decision to invest in energy-saving technology can be delayed, providing option value. In addition, delay allows the potential investor to cash in on future experience-curve effects: With the passage of time, firms gain practical knowledge in producing and installing the energy-saving technology, enabling them to reduce the technology's up-front cost per unit of energy saved. We incorporate these fundamentals into a stochastic model where the investment's discounted benefits follow geometric Brownian motion. To demonstrate the model's capabilities, we generate simulation results for photovoltaic systems that highlight the experience-curve effect as a fundamental reason why households and firms delay making energy-saving investments until internal rates of return exceed values of 50% and higher, consistent with observations in the economics literature. We also explore altruistic motivations for energy conservation and the model's implications for both 'additionality' and the design of energy-conservation policy

  5. The energy requirement of holidays and household reduction options

    International Nuclear Information System (INIS)

    Van den Berg, M.; Vringer, K.

    1999-12-01

    Like all consumer products and services, holidays require energy. The aim of this study is to give insight to the energy consumption for holidays of Dutch households and to suggest options to reduce this energy demand. To examine the energy consumption for holidays, nine holiday packages are composed, each representing a large group of Dutch vacationers. The packages describe the destination, means of transport, duration, accommodation and number of vacationers. The average energy requirement for the accommodation and transport for long summer holidays is 12.5 GJ per Dutch household, excluding the energy requirement for food and activities. About 10% of the Dutch households, the ones that travel by plane to their holiday destination, consume 70% of the total amount of energy all households require for holiday purposes. This is mainly due to the distance travelled, rather than to the chosen means of transport. If the travelled distances will be reduced by 50% and all nights are spent in a tent, the average household energy requirement would be 6.1 GJ, a reduction of more than 50%. 36 refs

  6. Multifactor valuation models of energy futures and options on futures

    Science.gov (United States)

    Bertus, Mark J.

    The intent of this dissertation is to investigate continuous time pricing models for commodity derivative contracts that consider mean reversion. The motivation for pricing commodity futures and option on futures contracts leads to improved practical risk management techniques in markets where uncertainty is increasing. In the dissertation closed-form solutions to mean reverting one-factor, two-factor, three-factor Brownian motions are developed for futures contracts. These solutions are obtained through risk neutral pricing methods that yield tractable expressions for futures prices, which are linear in the state variables, hence making them attractive for estimation. These functions, however, are expressed in terms of latent variables (i.e. spot prices, convenience yield) which complicate the estimation of the futures pricing equation. To address this complication a discussion on Dynamic factor analysis is given. This procedure documents latent variables using a Kalman filter and illustrations show how this technique may be used for the analysis. In addition, to the futures contracts closed form solutions for two option models are obtained. Solutions to the one- and two-factor models are tailored solutions of the Black-Scholes pricing model. Furthermore, since these contracts are written on the futures contracts, they too are influenced by the same underlying parameters of the state variables used to price the futures contracts. To conclude, the analysis finishes with an investigation of commodity futures options that incorporate random discrete jumps.

  7. The nuclear energy option an alternative for the 90s

    CERN Document Server

    Cohen, Bernard L

    1990-01-01

    University of Pittsburgh physicist Cohen provides accessible, scientifically sound risk analyses of the energy options that he believes must be exercised in the next 10 years. This update of his work on public energy policy stands opposed to the stack of recent greenhouse effect-oriented titles by proposing more nuclear power plants (including fuel reprocessing plants) as statistically the safest, most environmentally sound solution. Cohen advances the debate on energy policy for all sides by first quantifying the human health costs of coal- and oil-generated electricity, and by debunking solar technology's deus ex machina role. In this context, Cohen looks at issues surrounding nuclear power since Three Mile Island, such as the "unsolved problem" of nuclear waste disposal and the "China Syndrome." Media people especially are urged to re-examine "nuclear hysteria" (no one ever writes about " deadly natural gas," Cohen notes), and even anti-nuclear activists will find the study's appendices and notes a sourceb...

  8. Energy options and the role of coal: an integrated approach

    Energy Technology Data Exchange (ETDEWEB)

    Isaacs, E. [Alberta Energy Research Institute, Edmonton, AB (Canada)

    2006-07-01

    Considers energy goals and options with particular regard to providing affordable energy to Canada. Gasification of coal and carbon to provide a reliable source of clean power and heat to the oil sand industry and for feedstocks for the production of fertilizer, methanol, petrochemicals, and ultra-clean fuels is examined. The layout for integrated gasification polygeneration with carbon feed and plans for Canada's first commercial gasification plant (the Nexen Long Lake Project) are shown in diagrams. Progress in coal gasification at a clean coal Luscar/Sherritt pilot plant is outlined. Clean coal technology is part of a strategy to provide integration across energy systems, generate value for all hydrocarbon resources, and minimize emissions. 15 figs., 2 tabs.

  9. An analysis of international nuclear fuel supply options

    Science.gov (United States)

    Taylor, J'tia Patrice

    As the global demand for energy grows, many nations are considering developing or increasing nuclear capacity as a viable, long-term power source. To assess the possible expansion of nuclear power and the intricate relationships---which cover the range of economics, security, and material supply and demand---between established and aspirant nuclear generating entities requires models and system analysis tools that integrate all aspects of the nuclear enterprise. Computational tools and methods now exist across diverse research areas, such as operations research and nuclear engineering, to develop such a tool. This dissertation aims to develop methodologies and employ and expand on existing sources to develop a multipurpose tool to analyze international nuclear fuel supply options. The dissertation is comprised of two distinct components: the development of the Material, Economics, and Proliferation Assessment Tool (MEPAT), and analysis of fuel cycle scenarios using the tool. Development of MEPAT is aimed for unrestricted distribution and therefore uses publicly available and open-source codes in its development when possible. MEPAT is built using the Powersim Studio platform that is widely used in systems analysis. MEPAT development is divided into three modules focusing on: material movement; nonproliferation; and economics. The material movement module tracks material quantity in each process of the fuel cycle and in each nuclear program with respect to ownership, location and composition. The material movement module builds on techniques employed by fuel cycle models such as the Verifiable Fuel Cycle Simulation (VISION) code developed at the Idaho National Laboratory under the Advanced Fuel Cycle Initiative (AFCI) for the analysis of domestic fuel cycle. Material movement parameters such as lending and reactor preference, as well as fuel cycle parameters such as process times and material factors are user-specified through a Microsoft Excel(c) data spreadsheet

  10. Power options: the Massachusetts nonprofit energy purchasers consortium

    International Nuclear Information System (INIS)

    Hayes, J.

    1999-01-01

    A series of overhead viewgraphs described some of the topics that were discussed at this workshop. A corporate review of the Massachusetts Health and Educational Facilities Authority (HEFA) was presented. HEFA was formed in 1968 to provide cost savings in electric bills to health, education, cultural and other non profit organizations. The methods that HEFA uses to achieve this goal is to provide energy services with either fixed prices or with two-year or five-year options. Since their creation HEFA has a total of 100 signed natural gas contracts and 300 signed electricity contracts

  11. Globalization of the energy sector: Environmental challenges and options for future actions

    Energy Technology Data Exchange (ETDEWEB)

    Benavides, Pablo

    1998-12-01

    This publication relates to environmental challenges of the energy sector and options for future action. Following themes are discussed: Globalisation of the energy sector; environmental challenges; the challenge of climate change; options for future action

  12. Energy Analysis.

    Science.gov (United States)

    Bazjanac, Vladimir

    1981-01-01

    The Aquatic Center at Corvallis (Oregon) is analyzed for energy use. Energy conservation in the building would be accomplished best through heavy insulation of exterior surfaces and the maximization of passive solar gain. (Author/MLF)

  13. The Study on Policy Options for Siting Hazardous Energy Facility

    Energy Technology Data Exchange (ETDEWEB)

    Kim, Jin Oh [Korea Energy Economics Institute, Euiwang (Korea)

    2000-10-01

    The problem of site allocation on locally unwanted land uses related to energy utilities that extended most recently is becoming a new energy policy issue due to the improvement of national standard of living and livelihood quality. Residents do not generally agree on establishing the construction of public energy utilities in their village due to NIMBY syndrome while they basically agree to have them. These circumstances made a big problem against mass production of industry society and the improvement of the national welfare. Locally unwanted land use related to energy utilities includes waste incineration system, nuclear power plant, coal fired power plant, oil and Gas storage tank, briquette manufacturing plant and etc. Opportunity for SOC projects carried out by central and local government is lost because of the regional egoism. The site dispute between government and residents obstructs optimal energy supply to be necessary for industry growth and the national welfare. The main objective of this study is to propose the policy option for finding a solution after surveying theory and background of site troubles and dispute factors. Final results of this study propose a solution on structural and institutional dispute. The former introduces three kinds of approaches such as tradition, compensation and negotiation. The transition of an environmentally sound energy consumption pattern and the improvement of energy efficiency could be carried out by traditional approaches. To claim the damage and offer the accommodation facilities could be settled by compensational approaches. The establishment of regional decentralization on NIMBY facilities could be settled by negotiatory approaches through fair share criteria. The latter proposes 1) 'polluter pays principle', 2) internalization of social cost and benefit on air or water pollution, 3) the behind - the - scene negotiation in a bid to settle a site dispute, 4) and supporting system for peripheral areas

  14. Resource and energy recovery options for fermentation industry residuals

    Energy Technology Data Exchange (ETDEWEB)

    Chiesa, S C [Santa Clara Univ., CA (USA); Manning, Jr, J F [Alabama Univ., Birmingham, AL (USA)

    1989-01-01

    Over the last 40 years, the fermentation industry has provided facility planners, plant operators and environmental engineers with a wide range of residuals management challenges and resource/energy recovery opportunities. In response, the industry has helped pioneer the use of a number of innovative resource and energy recovery technologies. Production of animal feed supplements, composts, fertilizers, soil amendments, commercial baking additives and microbial protein materials have all been detailed in the literature. In many such cases, recovery of by-products significantly reduces the need for treatment and disposal facilities. Stable, reliable anaerobic biological treatment processes have also been developed to recover significant amounts of energy in the form of methane gas. Alternatively, dewatered or condensed organic fermentation industry residuals have been used as fuels for incineration-based energy recovery systems. The sale or use of recovered by-products and/or energy can be used to offset required processing costs and provide a technically and environmentally viable alternative to traditional treatment and disposal strategies. This review examines resource recovery options currently used or proposed for fermentation industry residuals and the conditions necessary for their successful application. (author).

  15. Real options and asset valuation in competitive energy markets

    Science.gov (United States)

    Oduntan, Adekunle Richard

    The focus of this work is to develop a robust valuation framework for physical power assets operating in competitive markets such as peaking or mid-merit thermal power plants and baseload power plants. The goal is to develop a modeling framework that can be adapted to different energy assets with different types of operating flexibilities and technical constraints and which can be employed for various purposes such as capital budgeting, business planning, risk management and strategic bidding planning among others. The valuation framework must also be able to capture the reality of power market rules and opportunities, as well as technical constraints of different assets. The modeling framework developed conceptualizes operating flexibilities of power assets as "switching options' whereby the asset operator decides at every decision point whether to switch from one operating mode to another mutually exclusive mode, within the limits of the equipment constraints of the asset. As a current decision to switch operating modes may affect future operating flexibilities of the asset and hence cash flows, a dynamic optimization framework is employed. The developed framework accounts for the uncertain nature of key value drivers by representing them with appropriate stochastic processes. Specifically, the framework developed conceptualizes the operation of a power asset as a multi-stage decision making problem where the operator has to make a decision at every stage to alter operating mode given currently available information about key value drivers. The problem is then solved dynamically by decomposing it into a series of two-stage sub-problems according to Bellman's optimality principle. The solution algorithm employed is the Least Squares Monte Carlo (LSM) method. The developed valuation framework was adapted for a gas-fired thermal power plant, a peaking hydroelectric power plant and a baseload power plant. This work built on previously published real options valuation

  16. Carbon and energy balances for a range of biofuels options

    Energy Technology Data Exchange (ETDEWEB)

    Elsayed, M.A.; Matthews, R.; Mortimer, N.D.

    2003-03-01

    This is the final report of a project to produce a set of baseline energy and carbon balances for a range of electricity, heat and transport fuel production systems based on biomass feedstocks. A list of 18 important biofuel technologies in the UK was selected for study of their energy and carbon balances in a consistent approach. Existing studies on these biofuel options were reviewed and their main features identified in terms of energy input, greenhouse gas emissions (carbon dioxide, methane, nitrous oxide and total), transparency and relevance. Flow charts were produced to represent the key stages of the production of biomass and its conversion to biofuels. Outputs from the study included primary energy input per delivered energy output, carbon dioxide outputs per delivered energy output, methane output per delivered energy output, nitrous oxide output per delivered energy output and total greenhouse gas requirements. The net calorific value of the biofuel is given where relevant. Biofuels studied included: biodiesel from oilseed rape and recycled vegetable oil; combined heat and power (CHP) by combustion of wood chip from forestry residues; CHP by gasification of wood chip from short rotation coppice; electricity from the combustion of miscanthus, straw, wood chip from forestry residues and wood chip from short rotation coppice; electricity from gasification of wood chip from forestry residues and wood chip from short rotation coppice; electricity by pyrolysis of wood chip from forestry residues and wood chip from short rotation coppice; ethanol from lignocellulosics, sugar beet and wheat; heat (small scale) from combustion of wood chip from forestry residues and wood chip from short rotation coppice; and rapeseed oil from oilseed rape.

  17. Comparative studies of energy supply options in Poland for 1997-2020

    International Nuclear Information System (INIS)

    2002-08-01

    Poland depends heavily on coal to satisfy national demands for electricity. Currently, over 90% of electricity generation is produced by coal fired power plants. Because of the large dependence on coal and environmental impacts of large-scale coal combustion the country looks for a more diversified energy mix. As ways of diversification, Poland is considering the expanded role of natural gas and, potentially, nuclear power in the future energy mix. This publication describes the analysis of several diversification options for the Polish energy sector conducted by a national team in the framework of an IAEA Technical Cooperation project implemented in 1999-2000. The project provided a set of proven IAEA methodologies and tools that was utilized for a comprehensive analysis and comparison of the options including their economic competitiveness and environmental impacts. The publication is intended primarily for senior experts and technical staff in governmental organizations, research institutes, industries and utilities, who are in charge of technical analysis or decision making related to long term energy and power supply options. The report was prepared in 2001 by the staff of the Energy Market Agency (EMA, Warsaw, Poland) that was the leading Polish organization in carrying out the study

  18. Nuclear fusion as new energy option in a global single-regional energy system model

    International Nuclear Information System (INIS)

    Eherer, C.; Baumann, M.; Dueweke, J.; Hamacher, T.

    2005-01-01

    Is there a window of opportunity for fusion on the electricity market under 'business as usual' conditions, and if not, how do the boundary conditions have to look like to open such a window? This question is addressed within a subtask of the Socio-Economic Research on Fusion (SERF) programme of the European Commission. The most advanced energy-modelling framework, the TIMES model generator developed by the Energy Technology System Analysis Project group of the IEA (ETSAP) has been used to implement a global single-regional partial equilibrium energy model. Within the current activities the potential role of fusion power in various future energy scenarios is studied. The final energy demand projections of the baseline of the investigations are based on IIASA-WEC Scenario B. Under the quite conservative baseline assumptions fusion only enters the model solution with 35 GW in 2100 and it can be observed that coal technologies dominate electricity production in 2100. Scenario variations show that the role of fusion power is strongly affected by the availability of GEN IV fission breeding technologies as energy option and by CO 2 emission caps. The former appear to be a major competitor of fusion power while the latter open a window of opportunity for fusion power on the electricity market. An interesting outcome is furthermore that the possible share of fusion electricity is more sensitive to the potential of primary resources like coal, gas and uranium, than to the share of solar and wind power in the system. This indicates that both kinds of technologies, renewables and fusion power, can coexist in future energy systems in case of CO 2 emission policies and/or resource scarcity scenarios. It is shown that Endogenous Technological Learning (ETL), a more consistent description of technological progress than mere time series, has an impact on the model results. (author)

  19. An Evaluation of Energy Storage Options for Nuclear Power

    Energy Technology Data Exchange (ETDEWEB)

    Coleman, Justin L. [Idaho National Lab. (INL), Idaho Falls, ID (United States); Bragg-Sitton, Shannon M. [Idaho National Lab. (INL), Idaho Falls, ID (United States); Dufek, Eric J. [Idaho National Lab. (INL), Idaho Falls, ID (United States)

    2017-06-01

    examination of energy storage options that could be integrated with nuclear generation. Figure 1 provides an overview of the 2015 energy mix by sector, which shows that NPPs are currently used exclusively for electricity generation that is ultimately consumed in the residential, commercial, and industrial sectors. Some areas for NPP energy growth in the future include power generation for electrified transportation and thermal generation for storage and industrial applications. Currently, most industrial thermal energy users combust fossil resources (i.e., coal or natural gas) to meet the energy needs of the processes, but heat from nuclear operations could also be used in certain specific applications.

  20. An Evaluation of Energy Storage Options for Nuclear Power

    International Nuclear Information System (INIS)

    Coleman, Justin L.; Bragg-Sitton, Shannon M.; Dufek, Eric J.

    2017-01-01

    examination of energy storage options that could be integrated with nuclear generation. Figure 1 provides an overview of the 2015 energy mix by sector, which shows that NPPs are currently used exclusively for electricity generation that is ultimately consumed in the residential, commercial, and industrial sectors. Some areas for NPP energy growth in the future include power generation for electrified transportation and thermal generation for storage and industrial applications. Currently, most industrial thermal energy users combust fossil resources (i.e., coal or natural gas) to meet the energy needs of the processes, but heat from nuclear operations could also be used in certain specific applications.

  1. Real option analysis in a replicating portfolio perspective

    NARCIS (Netherlands)

    van Heeswijk, W.J.A.; Joosten, Reinoud A.M.G.; Huisman, Kuno; Bos, Christian

    2013-01-01

    In the last decades, a vast body of literature has arisen on real option analysis (ROA). The use of di¤erent approaches and the often implicit adoption of major assumptions may cause confusion on what ROA precisely entails, or in which situations it may be applied. We assess the �eld of real option

  2. An assessment of energy options for a remote first nation community. Paper no. IGEC-1-055

    International Nuclear Information System (INIS)

    Ianniciello, C.; Wild, P.; Pitt, L.; Artz, S.

    2005-01-01

    Development of renewable energy systems for remote communities is gaining interest among government, utilities, NGOs and the communities themselves as a means of improving lifestyles of community members and showcasing renewable energy systems. The Huu-ay-aht First Nation, whose traditional territory is located on the west side of Vancouver Island in British Columbia, is a community which has energy related problems and energy related opportunities. The objective of this study is to assess possible energy options for the Huu-ay-aht First Nation traditional territory. Current and future energy services within the territory were used as the starting point for developing energy system options. Extensive consultation with community members was instrumental in clearly defining the objectives of the study and understanding the territory's energy demand. The energy demand assessment included an estimation of the electric, heating and transportation loads in the community, an assessment of efficiency and demand side management (DSM) options, and an estimation of potential future demand scenarios. Energy resources were assessed, with viable ones retained for consideration in potential energy system options. The information from the community consultations, demand estimates and resource assessments are being used in the development and analysis of energy system options to support the Huu-ay-aht's energy needs and community goals. (author)

  3. Risk benefits of climate-friendly energy supply options

    International Nuclear Information System (INIS)

    Hirschberg, S.; Burgherr, P.

    2003-01-01

    One of the central goals of sustainable development is the reduction of Greenhouse Gas (GHG) emissions. This is needed in order to prevent the anticipated climate change, and the potentially serious consequences for human beings and the environment. Energy supply systems constitute the dominant contributors to GHG emissions. This paper examines three illustrative emission scenarios for world-wide energy supply in the 21 st Century. These scenarios, including the associated GHG and major pollutant emissions, were chosen from a set established by the Intergovernmental Panel on Climate Change (IPCC). Using the emissions as a starting point, and based on recent findings concerning the impact on the environment and the financial costs resulting from global climate change on the one hand, and regional air pollution on the other hand, the present work provides estimates of the scenario-dependent, world-wide cumulative damage. The fossil-intensive reference scenario leads to overall damages which correspond to very substantial losses in Gross Domestic Product (GDP), and which widely exceed the damages caused by the scenarios reflecting climate-friendly policies. Generally, the somewhat speculative estimates of the GHG-specific damages are much less significant than damages to human health and the environment caused by the major air pollutants. This means that the secondary benefits of climate-friendly, energy-supply options, i.e. those which avoid the impacts due to air pollution, alone justify strategies protecting the climate. (author)

  4. Financing options in Mexico's energy industry

    Energy Technology Data Exchange (ETDEWEB)

    McKenna, J.J. (PricewaterhouseCoopers Securities, Houston, TX (United States))

    1999-01-01

    A series of brief notes accompanied this presentation which was divided into seven sections entitled: (1) capital markets update, (2) Mexican financial market update, (3) financing options in the energy industry, (4) the Venezuelan experience at La Apertura, (5) private and strategic equity alternatives, (6) Pricewaterhouse Coopers Securities, and (7) Mexico energy 2005 prediction. The paper focused on how the financial crisis and merger activity in Latin America will impact electricity reform in Mexico. It was noted that under Mexico's Policy Proposal for Electricity Reform of the Mexican Electricity Industry, the financial community will seek to back companies in power generation, transportation and distribution. The difficulty of financing government businesses undergoing privatization was also discussed with particular emphasis on the challenge of accepting political and regulatory risks. The Latin private equity market and Canadian investment in Mexico was also reviewed. Since NAFTA (North American Free Trade Agreement) went into affect in 1994, Canadian investment in Mexico has more than tripled. Canadian companies have invested more than C$1.7 billion in Mexico since NAFTA. Pricewaterhouse Coopers Securities is a global investment bank which sees large opportunities in the Mexican energy market. They predict that in five years, Mexico will experience a gradual liberalization of the oil and gas sector, and a full liberalization of the gas pipeline and distribution business and the power generation, transmission and distribution business. 3 figs.

  5. Financing options in Mexico`s energy industry

    Energy Technology Data Exchange (ETDEWEB)

    McKenna, J.J. [PricewaterhouseCoopers Securities, Houston, TX (United States)

    1999-10-01

    A series of brief notes accompanied this presentation which was divided into seven sections entitled: (1) capital markets update, (2) Mexican financial market update, (3) financing options in the energy industry, (4) the Venezuelan experience at La Apertura, (5) private and strategic equity alternatives, (6) Pricewaterhouse Coopers Securities, and (7) Mexico energy 2005 prediction. The paper focused on how the financial crisis and merger activity in Latin America will impact electricity reform in Mexico. It was noted that under Mexico`s Policy Proposal for Electricity Reform of the Mexican Electricity Industry, the financial community will seek to back companies in power generation, transportation and distribution. The difficulty of financing government businesses undergoing privatization was also discussed with particular emphasis on the challenge of accepting political and regulatory risks. The Latin private equity market and Canadian investment in Mexico was also reviewed. Since NAFTA (North American Free Trade Agreement) went into affect in 1994, Canadian investment in Mexico has more than tripled. Canadian companies have invested more than C$1.7 billion in Mexico since NAFTA. Pricewaterhouse Coopers Securities is a global investment bank which sees large opportunities in the Mexican energy market. They predict that in five years, Mexico will experience a gradual liberalization of the oil and gas sector, and a full liberalization of the gas pipeline and distribution business and the power generation, transmission and distribution business. 3 figs.

  6. Renewable energy off-grid power systems: options for energy suppliers

    International Nuclear Information System (INIS)

    Trouchet, K.

    1992-01-01

    SURVIVOR ENERGY SYSTEMS package a range of wind-based renewable energy systems for the supply of 24-hour power to off-grid homesteads and communities. This paper presents a leasing package for these power users and illustrates their cost effectiveness in comparison with stand-alone diesel and comparative hybrid power options. This offer is seen as a alternative for energy planners and supply agencies for their off-grid clients. 6 refs., 3 tabs., 3 figs

  7. Emergy-based sustainability assessment of different energy options for green buildings

    International Nuclear Information System (INIS)

    Luo, Zhiwen; Zhao, Jianing; Yao, Runming; Shu, Zhan

    2015-01-01

    Highlights: • We apply Emergy to assess environmental impact of different energy options. • We develop a new index to assess the anthropogenic heat emission. • The way of electricity produced is crucial to the total environmental load. • The direct-fired lithium-bromide absorption type shows highest environmental load. - Abstract: It is necessary to minimize the environmental impact and utilize natural resources in a sustainable and efficient manner in the early design stage of developing an environmentally-conscious design for a heating, ventilating and air-conditioning system. Energy supply options play a significant role in the total environmental load of heating, ventilating and air-conditioning systems. To assess the environmental impact of different energy options, a new method based on Emergy Analysis is proposed. Emergy Accounting, was first developed and widely used in the area of ecological engineering, but this is the first time it has been used in building service engineering. The environmental impacts due to the energy options are divided into four categories under the Emergy Framework: the depletion of natural resources, the greenhouse effect (carbon dioxide equivalents), the chemical rain effect (sulfur dioxide equivalents), and anthropogenic heat release. The depletion of non-renewable natural resources is indicated by the Environmental Load Ratio, and the environmental carrying capacity is developed to represent the environmental service to dilute the pollutants and anthropogenic heat released. This Emergy evaluation method provides a new way to integrate different environmental impacts under the same framework and thus facilitates better system choices. A case study of six different kinds of energy options consisting of renewable and non-renewable energy was performed by using Emergy Theory, and thus their relative environmental impacts were compared. The results show that the method of electricity generation in energy sources, especially

  8. Activation analysis for ITER design options

    International Nuclear Information System (INIS)

    Attaya, H.

    1995-09-01

    This paper presents a summary of the activation analyses that have been performed for the shielding blanket (SS/water) and for the breeding blanket (Li/V) of ITER design options. The activation code RACC-P, which has been modified for pulsed operation, has been used in these calculations. The spatial distributions of the radioactive inventory, decay heat, biological hazard potential, and the contact dose were calculated for the two designs for different operation modes and targeted fluences. A one-dimensional toroidal cylindrical geometrical model has been utilized to determine the neutron fluxes in the two designs. The results are normalized for an inboard and outboard neutron wall loadings of 0.91 and 1.2 MW/m 2 respectively

  9. EU policy options for climate and energy beyond 2020

    Energy Technology Data Exchange (ETDEWEB)

    Koelemeijer, R.; Ros, J.; Notenboom, J.; Boot, P. [Netherlands Environmental Assessment Agency PBL, Den Haag (Netherlands); Groenenberg, H.; Winkel, T. [Ecofys, Utrecht (Netherlands)

    2013-05-15

    In 2009, the EU climate and energy package with targets for 2020 (the so-called 20-20-20 targets) were formulated. For the period after 2020, however, there are no legally binding targets at the EU level, except for a decreasing ETS cap which will not be sufficient in light of the ambition for 2050. This leads to uncertainty for market players, as project lead times are long and high upfront investments need to deliver returns well beyond 2020. In its Green Paper on a 2030 framework for climate and energy policies, the European Commission recognised the need for clarity regarding the post-2020 policy framework. Currently under discussion is whether the approach for 2020 should be continued towards 2030 in the form of three more stringent targets or that other approaches would be more appropriate. Within this context, the Dutch Government asked PBL Netherlands Environmental Assessment Agency and Ecofys for advice. PBL and Ecofys have subsequently analysed possible options for an EU policy framework for 2030 that will steer towards a low-carbon economy by 2050 in a cost-effective way.

  10. Nuclear energy for seawater desalination - options in future

    International Nuclear Information System (INIS)

    Yadav, M.K.; Murugan, V.; Balasubramaniyan, C.; Nagaraj, R.; Dangore, Y.

    2010-01-01

    Full text: With ever increasing water scarcity, many alternatives are being tried to supplement the existing water resources. There are regions where water is scarce and population is growing and is at the mercy of inadequate supplies. Seawater constitutes a practically unlimited source of saline water. When desalted, it can augment the existing potable water resources for the people in nearby area and also meet the increasing demand. BARC has been engaged in the field of desalination and developed expertise in both thermal and membrane technologies. It has setup 6300 M 3 /D Nuclear Desalination Demonstration Project (NDDP) at Kalpakkam, where both membrane and thermal technologies have been used for sea water desalination. Desalination process needs energy and nuclear energy is strong option in view of limited fossil fuels and environmental concerns. Multi Stage Flash (MSF) plant based on thermal technology has been coupled to MAPS Reactors and Sea Water Reverse Osmosis (SWRO) plant is based on membrane technology. This paper discusses various aspects of coupling of desalination plant with nuclear reactors and also discusses salient features of hybridization of thermal and membrane technologies

  11. Real Options Valuation of U.S. Federal Renewable Energy Research,Development, Demonstration, and Deployment

    Energy Technology Data Exchange (ETDEWEB)

    Siddiqui, Afzal S.; Marnay, Chris; Wiser, Ryan H.

    2005-03-01

    Benefits analysis of US Federal government funded research, development, demonstration, and deployment (RD3) programs for renewable energy (RE) technology improvement typically employs a deterministic forecast of the cost and performance of renewable and nonrenewable fuels. The benefits estimate for a program derives from the difference between two forecasts, with and without the RD3 in place. The deficiencies of the current approach are threefold: (1) it does not consider uncertainty in the cost of non-renewable energy (NRE), and the option or insurance value of deploying RE if and when NRE costs rise; (2) it does not consider the ability of the RD3 manager to adjust the RD3 effort to suit the evolving state of the world, and the option value of this flexibility; and (3) it does not consider the underlying technical risk associated with RD3, and the impact of that risk on the programs optimal level of RD3 effort. In this paper, a rudimentary approach to determining the option value of publicly funded RE RD3 is developed. The approach seeks to tackle the first deficiency noted above by providing an estimate of the options benefit of an RE RD3 program in a future with uncertain NRE costs.While limited by severe assumptions, a computable lattice of options values reveals the economic intuition underlying the decision-making process. An illustrative example indicates how options expose both the insurance and timing values inherent in a simplified RE RD3 program that coarsely approximates the aggregation of current Federal RE RD3.This paper also discusses the severe limitations of this initial approach, and identifies needed model improvements before the approach can adequately respond to the RE RD3 analysis challenge.

  12. WELMM approach to energy strategies and options. [Water, energy, land, materials, and manpower

    Energy Technology Data Exchange (ETDEWEB)

    Grenon, M; Lapillonne, B

    1976-12-01

    The development of energy resources requires more and more natural or human resources--on the one hand because of the difficulty of ''harvesting'' primary energy resources, and on the other because of the complexity of the sequence of processes necessary to convert these primary resources into useful resources for an economy (final energy). In this context the WELMM approach has been designed to evaluate the resource requirements for the development of energy resources. WELMM focuses mainly on five limited resources: water, energy, land, materials, and manpower. The WELMM evaluation is implemented at the level of the major facilities concerned in the harvesting and conversion of primary energy resources into final resources. All the WELMM data are stored in three different data bases (Resource Data Base, Component Data Base, and Facility Data Base). They are meant to be used to enlarge and complete the traditional economic comparison of energy processes, energy strategies, or energy options.

  13. Impact of gas on utilities - competitive energy options

    International Nuclear Information System (INIS)

    Coolican, M.

    1997-01-01

    The initiatives taken by Nova Scotia Power to have natural gas as a generating fuel was discussed. Nova Scotia Power customers have indicated to the Utility that along with reduced energy costs, they want choices, better services and innovative products. It was noted that coal is currently Nova Scotia Power's principal fuel, but the utility is working with the Cape Breton Development Corporation, their supplier, to bring the cost of coal down. The utility is also exploring the potential of coal bed methane in Pictou and Cumberland counties of Nova Scotia. However, the most promising competitive energy option for their customers is Sable Offshore natural gas. To bring natural gas as the generating fuel for electricity, the Utility is taking steps to convert its Tufts Cove Thermal Generating Station to natural gas and to pipe natural gas to the Trenton Generating Station by November 1999. Bringing natural gas to these two stations would establish a critical base level of demand for natural gas in the Halifax and New Glasgow-Trenton area. One of the important ingredients of this plan is the cost of piping the gas to market. It was suggested that the 'postage stamp' tolling system (i.e. one price for the gas delivered anywhere along the pipeline) favored by some, would not give Nova Scotians the economic advantages that they deserve. For this reason, Nova Scotia Power favours the 'point to point' tolling system, a system that is considered fair and efficient, and the one that has a better chance of producing competitive energy prices

  14. Energy Supply Options for Modernizing Army Heating Systems

    Science.gov (United States)

    1999-01-01

    analysis. 26 USACERL TR 99/23 HEATMAP uses the AutoLISP program in AutoCAD to take the graphical input to populate a Microsoft® Access database in...density. 22 4 HEATMAP AutoCAD interface 23 5 HEATMAP cunsumers interface 24 6 HEATMAP production plant interface 25 7 HEATMAP flow analysis 25 8...Contractor Costs, Mission Requirements Real Property Data, AutoCAD map. Boiler Logs, Energy Bills Boiler and Pipe Inspections Installation Future

  15. National Options for a Sustainable Nuclear Energy System: MCDM Evaluation Using an Improved Integrated Weighting Approach

    Directory of Open Access Journals (Sweden)

    Ruxing Gao

    2017-12-01

    Full Text Available While the prospects look bright for nuclear energy development in China, no consensus about an optimum transitional path towards sustainability of the nuclear fuel cycle has been achieved. Herein, we present a preliminary study of decision making for China’s future nuclear energy systems, combined with a dynamic analysis model. In terms of sustainability assessment based on environmental, economic, and social considerations, we compared and ranked the four candidate options of nuclear fuel cycles combined with an integrated evaluation analysis using the Multi-Criteria Decision Making (MCDM method. An improved integrated weighting method was first applied in the nuclear fuel cycle evaluation study. This method synthesizes diverse subjective/objective weighting methods to evaluate conflicting criteria among the competing decision makers at different levels of expertise and experience. The results suggest that the fuel cycle option of direct recycling of spent fuel through fast reactors is the most competitive candidate, while the fuel cycle option of direct disposal of all spent fuel without recycling is the least attractive for China, from a sustainability perspective. In summary, this study provided a well-informed decision-making tool to support the development of national nuclear energy strategies.

  16. Real options valuation and optimization of energy assets

    Science.gov (United States)

    Thompson, Matthew

    In this thesis we present algorithms for the valuation and optimal operation of natural gas storage facilities, hydro-electric power plants and thermal power generators in competitive markets. Real options theory is used to derive nonlinear partial-integro-differential equations (PIDEs) for the valuation and optimal operating strategies of all types of facilities. The equations are designed to incorporate a wide class of spot price models that can exhibit the same time-dependent, mean-reverting dynamics and price spikes as those observed in most energy markets. Particular attention is paid to the operational characteristics of real energy assets. For natural gas storage facilities these characteristics include: working gas capacities, variable deliverability and injection rates and cycling limitations. For thermal power plants relevant operational characteristics include variable start-up times and costs, control response time lags, minimum generating levels, nonlinear output functions, structural limitations on ramp rates, and minimum up/down time restrictions. For hydro-electric units, head effects and environmental constraints are addressed. We illustrate the models with numerical examples of a gas storage facility, a hydro-electric pump storage facility and a thermal power plant. This PIDE framework is the first in the literature to achieve second order accuracy in characterizing the operating states of hydro-electric and hydro-thermal power plants. The continuous state space representation derived in this thesis can therefore achieve far greater realism in terms of operating state specification than any other method in the literature to date. This thesis is also the first and only to allow for any continuous time jump diffusion processes in order to account for price spikes.

  17. Energy efficiency business options for industrial end users in Latin American competitive energy markets: The case of Colombia

    Science.gov (United States)

    Botero, Sergio

    2002-01-01

    Energy markets today in Latin America and worldwide are being restructured from monopolies, either state-owned or privately-owned, to be more openly competitive and incorporate more participation from the private sector. Thus, the schemes that were formerly developed to foster end use energy efficiency are no longer applicable because they were based on mandatory regulations made with political decisions, without sufficiently considering economic feasibility. A consensus exists that the only way energy efficiency could survive in this new paradigm is by being market oriented, giving better services, and additional options to users. However; there is very little information on what end users prefer, and which options would most satisfy customers. Using Colombia as a case study, this research determines and categorizes the energy efficiency business options for large energy end users that can freely participate in the competitive energy market. The energy efficiency market is understood as a market of services aiming to increase efficiency in energy use. These services can be grouped into seven business options. A survey, following the descriptive method, was sent to energy end users in order to determine their preferences for specific energy efficiency business options, as well as the decision-making criteria taken into account for such options. This data was categorized in ten industry groups. As a conclusion, energy efficiency providers should adapt not only to the economic activity or processes of each customer, but also to the potential business options. It was also found that not all industries consider performance contracting as their most preferred option, as a matter of fact, some industries show much higher preference for conventional business options. Among end users, the divergence in option preferences contrasted with the convergence in decision-making criteria. The decision-making criteria "cost-benefit ratio" overwhelmed all other criterion. End users

  18. Towards Design of Sustainable Energy Systems in Developing Countries: Centralized and Localized Options

    Science.gov (United States)

    Kursun, Berrin

    Energy use in developing countries is projected to equal and exceed the demand in developed countries in the next five years. Growing concern about environmental problems, depletion and price fluctuation of fossil fuels pushes the efforts for meeting energy demand in an environmentally friendly and sustainable way. Hence, it is essential to design energy systems consisting of centralized and localized options that generate the optimum energy mix to meet this increasing energy demand in a sustainable manner. In this study, we try to answer the question, "How can the energy demand in Rampura village be met sustainably?" via two centralized clean coal (CCC) technology and three localized energy technology options analyzed. We perform the analysis of these energy technologies through joint use of donor-side analysis technique emergy analysis (EA) and user-side analysis technique life cycle assessment (LCA). Sustainability of such an energy combination depends on its reliance on renewable inputs rather than nonrenewable or purchased inputs. CCC technologies are unsustainable energy systems dependent on purchased external inputs almost 100%. However, increased efficiency and significantly lower environmental impacts of CCC technologies can lead to more environmentally benign utilization of coal as an energy source. CCC technologies supply electricity at a lower price compared to the localized energy options investigated. Localized energy options analyzed include multi-crystalline solar PV, floating drum biogas digester and downdraft biomass gasifier. Solar PV has the lowest water and land use, however, solar electricity has the highest price with a high global warming potential (GWP). Contrary to general opinion, solar electricity is highly non-renewable. Although solar energy is a 100% renewable natural resource, materials utilized in the production of solar panels are mostly non-renewable purchased inputs causing the low renewability of solar electricity. Best

  19. Energy-saving options for the mitigation of greenhouse gas emissions from the Mongolian energy sector

    Energy Technology Data Exchange (ETDEWEB)

    Dorjpurev, J.; Purevjal, O.; Erdenechimeg, Ch. [and others

    1996-12-31

    The Energy sector is the largest contributor to GHG emission in Mongolia. The Energy sector emits 54 percent of CO2 and 4 percent of methane. All emissions of other greenhouse gases are accounted from energy related activities. The activities in this sector include coal production, fuel combustion, and biomass combustion at the thermal power stations and in private houses (stoves) for heating purposes. This paper presents some important Demand-side options considered for mitigation of CO2 emissions from energy sector such as Energy Conservation in Industrial Sector and in Buildings. Changes in energy policies and programmes in the Mongolian situation that promote more efficient and sustainable practices are presented in the paper. These energy saving measures will not only help reduce greenhouse gas emissions, but will also promote economic development and alleviate other environmental problems.

  20. Energy and emission scenarios for China in the 21st century. Exploration of baseline development and mitigation options

    NARCIS (Netherlands)

    Vuuren DP van; Fengqi Zhou; Vries HJM de; Kejun Jiang; Graveland C; Yun Li; Energy Research Institute,; MNV

    2001-01-01

    The purpose of the study reported here was to explore possible baseline developments and available options for mitigating emissions in China. The first part of the report deals with an analysis and overview of available data on historic energy production and consumption trends and current energy

  1. Economic analysis of emerald ash borer (Coleoptera: Buprestidae) management options.

    Science.gov (United States)

    Vannatta, A R; Hauer, R H; Schuettpelz, N M

    2012-02-01

    Emerald ash borer, Agrilus planipennis (Fairmaire) (Coleoptera: Buprestidae), plays a significant role in the health and extent of management of native North American ash species in urban forests. An economic analysis of management options was performed to aid decision makers in preparing for likely future infestations. Separate ash tree population valuations were derived from the i-Tree Streets program and the Council of Tree and Landscape Appraisers (CTLA) methodology. A relative economic analysis was used to compare a control option (do-nothing approach, only removing ash trees as they die) to three distinct management options: 1) preemptive removal of all ash trees over a 5 yr period, 2) preemptive removal of all ash trees and replacement with comparable nonash trees, or 3) treating the entire population of ash trees with insecticides to minimize mortality. For each valuation and management option, an annual analysis was performed for both the remaining ash tree population and those lost to emerald ash borer. Retention of ash trees using insecticide treatments typically retained greater urban forest value, followed by doing nothing (control), which was better than preemptive removal and replacement. Preemptive removal without tree replacement, which was the least expensive management option, also provided the lowest net urban forest value over the 20-yr simulation. A "no emerald ash borer" scenario was modeled to further serve as a benchmark for each management option and provide a level of economic justification for regulatory programs aimed at slowing the movement of emerald ash borer.

  2. Cost, energy, global warming, eutrophication and local human health impacts of community water and sanitation service options.

    Science.gov (United States)

    Schoen, Mary E; Xue, Xiaobo; Wood, Alison; Hawkins, Troy R; Garland, Jay; Ashbolt, Nicholas J

    2017-02-01

    We compared water and sanitation system options for a coastal community across selected sustainability metrics, including environmental impact (i.e., life cycle eutrophication potential, energy consumption, and global warming potential), equivalent annual cost, and local human health impact. We computed normalized metric scores, which we used to discuss the options' strengths and weaknesses, and conducted sensitivity analysis of the scores to changes in variable and uncertain input parameters. The alternative systems, which combined centralized drinking water with sanitation services based on the concepts of energy and nutrient recovery as well as on-site water reuse, had reduced environmental and local human health impacts and costs than the conventional, centralized option. Of the selected sustainability metrics, the greatest advantages of the alternative community water systems (compared to the conventional system) were in terms of local human health impact and eutrophication potential, despite large, outstanding uncertainties. Of the alternative options, the systems with on-site water reuse and energy recovery technologies had the least local human health impact; however, the cost of these options was highly variable and the energy consumption was comparable to on-site alternatives without water reuse or energy recovery, due to on-site reuse treatment. Future work should aim to reduce the uncertainty in the energy recovery process and explore the health risks associated with less costly, on-site water treatment options. Copyright © 2016 Elsevier Ltd. All rights reserved.

  3. Is recycling the best policy option? Insights from life cycle analysis

    Energy Technology Data Exchange (ETDEWEB)

    Gaines, L.L.; Stodolsky, F.

    1996-03-01

    The public perceives that the more we recycle, the better off we are. However, both the concept of recycling and the benefits to be achieved from recycling are somewhat vague. To determine the best option for disposition of a material at the end of its first use, we need to first define the available options and then clarify the possible goals that can be achieved by them. The best option will depend on the material, goals to be achieved, and location-dependent factors, such as costs, resources, and regulations. This paper presents the results of a life-cycle energy analysis of kraft paper and newsprint by Argonne National Laboratory. They indicate that under some circumstances, the option of fiber-energy recovery will maximize the benefits that can. be realized from the U.S. used paper resource.

  4. Direct fission fragment energy converter - Magnetic collimator option

    International Nuclear Information System (INIS)

    Tsvetkov, P. V.; Hart, R. R.

    2006-01-01

    The present study was focused on developing a technologically feasible power system that is based on direct fission fragment energy conversion utilizing magnetic collimation. The new concept is an attempt to combine several advantageous design solutions, which have been proposed for application in both fission and fusion reactors, into one innovative system that can offer exceptional energy conversion efficiency. The analysis takes into consideration a wide range of operational aspects including fission fragment escape from the fuel, collimation, collection, criticality, long-term performance, energy conversion efficiency, heat removal, and safety characteristics. Specific characteristics of the individual system components and the entire system are evaluated. Analysis and evaluation of the technological feasibility of the concept were achieved using state-of-the-art computer codes that allowed realistic and consistent modeling. In addition to the extensive computational effort, the scaled prototype experimental proof-of-principle program was conducted to validate basic physics of the concept. The program was focused on electromagnetic components and experimental demonstration of performance. This paper summarizes the final results of the 6-years research program including both computational and experimental efforts. Potential future research and development and anticipated applications are discussed. (authors)

  5. Nuclear Option for a Secure and Sustainable Energy Supply

    International Nuclear Information System (INIS)

    Kolundzija, V.; Mesarovic, M.

    2002-01-01

    Present energy policy is required to ensure a balance between security of supply, competitiveness and environmental requirements. Recent changes involved by deregulation and liberalization of electricity and natural gas markets even strengthen such a policy. However, dependency on external energy sources carries risks that have to be managed since a large proportion of both oil and gas reserves are found in politically unstable regions. Electrical energy is a fundamental prerequisite for a civilized life and an essential commodity, but it cannot be stored and this restricts the extent to which there can be a real free market for electricity. Therefore, relying on imports of electricity to a large extent may prove unsecure because this requires a true, completely open market in which the opportunities for cross-border trade are effective and balanced and transport connections are adequate. This is equally applied to the countries in the South-Eastern Europe, despite very good prospects for development of the regional electricity market there. In this regard, the use of nuclear energy has not any risk associated with external dependency because there are abundant quantities of uranium available world-wide from many diverse sources. The inherent mitigation of supply risk associated with the use of uranium should act as an incentive to the further use of nuclear energy. In addition, already very large stocks of fuel assemblies and fuel-making materials available, especially when these are measured in terms of power generating capacity per year at current production rates. It is, therefore, very important for any country to recognize such strategic aspect of nuclear energy when addressing the issue of security of power supply. Nuclear option is in a unique position to restore its original role of the main source of energy with an increased attention paid to the security of electricity supply as well as regulatory changes affecting fossil fuels, particularly with due

  6. The meaning of results. Understanding comparative risk assessments of energy options

    International Nuclear Information System (INIS)

    Wilson, R.; Holland, M.; Rabl, A.; Dreicer, M.

    1999-01-01

    Results of comparative risk assessments can be used for a range of potential applications: choice and balance of technologies for strategic energy planning; choice of a new power plant; optimal dispatching of existing plants; optimization of regulations (emission limits, environmental quality objectives such as air quality limits, tradable permits, pollution taxes); accounting for climate change. When reporting the results of comparative risk assessment, a number of factors should be clear: precise nature of the energy system being assessed; what has been excluded from the analysis; sources of data used in assessment; assumptions that have been made; and what the analysts and other experts have regarded as the key sensitivities in the analysis. If all factors are addressed, the results of comparative risk assessment will prove to be an essential resource for making the best decisions about energy options and policies

  7. Making Homes Part of the Climate Solution: Policy Options To Promote Energy Efficiency

    Energy Technology Data Exchange (ETDEWEB)

    Brown, Dr. Marilyn Ann [Georgia Institute of Technology; Chandler, Jess [Georgia Institute of Technology; Lapsa, Melissa Voss [ORNL; Ally, Moonis [Oak Ridge National Laboratory (ORNL)

    2009-06-01

    In the area of energy efficiency, advanced technologies combined with best practices appear to afford not only large, but also cost-effective options to conserve energy and reduce greenhouse gas emissions (McKinsey & Company, 2007). In practice, however, the realization of this potential has often proven difficult. Progress appears to require large numbers of individuals to act knowledgeably, and each individual must often act with enabling assistance from others. Even when consumer education is effective and social norms are supportive, the actions of individuals and businesses can be impeded by a broad range of barriers, many of which are non-technical in nature. Title XVI of the Energy Policy Act of 2005 included a mandate to examine barriers to progress and make recommendations in this regard. A detailed report on barriers as well as the National strategy for overcoming barriers met this requirement (Brown et al, 2008; CCCSTI, 2009). Following up on this mandate, the U.S. Climate Change Technology Program (CCTP) chose to focus next on the development of policy options to improve energy efficiency in residential buildings, with supporting analysis of pros and cons, informed in part by behavioral research. While this work is sponsored by CCTP, it has been undertaken in coordination with DOE's Building Technologies Program and Office of Electricity Delivery and Energy Reliability.

  8. Evaluation of dairy effluent management options using multiple criteria analysis.

    Science.gov (United States)

    Hajkowicz, Stefan A; Wheeler, Sarah A

    2008-04-01

    This article describes how options for managing dairy effluent on the Lower Murray River in South Australia were evaluated using multiple criteria analysis (MCA). Multiple criteria analysis is a framework for combining multiple environmental, social, and economic objectives in policy decisions. At the time of the study, dairy irrigation in the region was based on flood irrigation which involved returning effluent to the river. The returned water contained nutrients, salts, and microbial contaminants leading to environmental, human health, and tourism impacts. In this study MCA was used to evaluate 11 options against 6 criteria for managing dairy effluent problems. Of the 11 options, the MCA model selected partial rehabilitation of dairy paddocks with the conversion of remaining land to other agriculture. Soon after, the South Australian Government adopted this course of action and is now providing incentives for dairy farmers in the region to upgrade irrigation infrastructure and/or enter alternative industries.

  9. Non-OPEC Oil Supply: Economics and Energy Policy Options

    Energy Technology Data Exchange (ETDEWEB)

    Mourik, Maarten van [Paris (France); Shepherd, Richard K. [Perpignan (France)

    2003-07-01

    shift in investment strategy than the lure of better profits. However strong the evidence of an imminent peaking of offshore and perhaps total non-OPEC oil supply, the reality is that governments will not readily recognise a 'bad news' scenario that will inevitably tarnish their own political image. It follows that a global and permanent threat to their economies and energy security from a shortfall in oil supply outside the Persian Gulf and central Asia will only become a policy assumption if viable and attractive energy policy options are available. If there is single focus to any energy supply threat, then it is the market for transportation fuels, the strongest growing segment of the energy market and the only segment of the energy market where there are no significant alternatives already on offer. The second half of this paper suggests that there are industrial or financial obstacles to the large-scale introduction of fuels other than current specification gasoline and diesel. Almost all the current initiatives to explore and encourage alternative fuels address a long-term future in which fuel cells or hydrogen or 'California-clean' liquids replace the current fuels at the pump. Further, most research concentrates on the environmental aspects of the alternatives rather than their large-scale industrial availability. Yet the hard reality is that any solution to the global oil supply dilemma must be large scale (at least 10% of the total market for transportation fuels) and soon, which means within a decade. The technical facts are that fuels such as ethanol and methanol can be produced in very large volumes and delivered to the consumer without any significant change to the huge infrastructure constituted by the global internal combustion engine manufacturing industry and by the existing fuel distribution networks. This large, immediate and obvious opportunity has not been grasped so far for the excellent reason that the status quo is profitable

  10. Chapter 7: Renewable Energy Options and Considerations for Net Zero Installations

    Energy Technology Data Exchange (ETDEWEB)

    Booth, Samuel

    2017-03-15

    This chapter focuses on renewable energy options for military installations. It discusses typical renewable technologies, project development, and gives examples. Renewable energy can be combined with conventional energy sources to provide part or all of the energy demand at an installation. The appropriate technology mix for an installation will depend on site-specific factors such as renewable resources, energy costs, local energy policies and incentives, available land, mission compatibility, and other factors. The objective of this chapter is to provide basic background information and resources on renewable energy options for NATO leaders and energy personnel.

  11. Perspective on long-range nuclear energy options

    International Nuclear Information System (INIS)

    Harms, W.O.

    1977-01-01

    The study group whose effort is presented here concluded that the United States urgently needs to have a breeder option available for possible deployment before the year 2000 primarily because of uncertainties in the availability of fossil fuels and uranium supplies. It was recommended that the U/Pu LMFBR program proceed as planned, including prompt construction of the CRBRP and its associated fuel cycle facilities. Alternative cycle studies should be pursued, but without significantly delaying the current program. There are technological choices which, in suitable political contexts, may somewhat reduce proliferation risks; of these, only those that employ breeders preserve the breeder option (and the nuclear option in the long term. These alternatives must be coupled with political agreements to have any significant effect on proliferation potential internationally. These same political agreements should suffice to control the U/Pu breeder cycle; there is only a difference in degree between the U/Pu and the denatured Th/U-233 cycles

  12. Real options valuation of US federal renewable energy research, development, demonstration, and deployment

    International Nuclear Information System (INIS)

    Siddiqui, Afzal S.; Marnay, Chris; Wiser, Ryan H.

    2007-01-01

    Benefits analysis of US Federal government research, development, demonstration, and deployment (RD 3 ) programmes for renewable energy (RE) technology improvement typically employs a deterministic forecast of the cost and performance of renewable and non-renewable fuels. The benefits estimate for the programme derives from the difference between two forecasts, with and without the RD 3 programme in place. Three deficiencies of this approach are that it ignores: (1) uncertainty in the cost of non-renewable energy (NRE); (2) the possibility of adjustment to the RD 3 effort commensurate with the evolving state of the world; and (3) the underlying technical risk associated with RD 3 . In this paper, an intuitive approach to determining the option value of RE RD 3 is developed. This approach seeks to tackle the first two deficiencies noted above by providing an estimate via a compound real option of an RE RD 3 programme in a future with uncertain NRE costs. A binomial lattice reveals the economic intuition underlying the decision-making process, while a numerical example illustrates the option components embedded in a simplified representation of current US Federal RE RD 3

  13. Africa's technology options for renewable energy production and distribution

    CSIR Research Space (South Africa)

    Amigun, B

    2011-12-01

    Full Text Available This chapter presents a critical appraisal of Africa's modern energy technologies for renewable energy. It highlights issues of scale and location-specific attributes. A critical review of different renewable energies is presented, the state...

  14. Process energy analysis

    International Nuclear Information System (INIS)

    Kaiser, V.

    1993-01-01

    In Chapter 2 process energy cost analysis for chemical processing is treated in a general way, independent of the specific form of energy and power production. Especially, energy data collection and data treatment, energy accounting (metering, balance setting), specific energy input, and utility energy costs and prices are discussed. (R.P.) 14 refs., 4 figs., 16 tabs

  15. Error Analysis for Fourier Methods for Option Pricing

    KAUST Repository

    Häppölä, Juho

    2016-01-06

    We provide a bound for the error committed when using a Fourier method to price European options when the underlying follows an exponential Levy dynamic. The price of the option is described by a partial integro-differential equation (PIDE). Applying a Fourier transformation to the PIDE yields an ordinary differential equation that can be solved analytically in terms of the characteristic exponent of the Levy process. Then, a numerical inverse Fourier transform allows us to obtain the option price. We present a novel bound for the error and use this bound to set the parameters for the numerical method. We analyze the properties of the bound for a dissipative and pure-jump example. The bound presented is independent of the asymptotic behaviour of option prices at extreme asset prices. The error bound can be decomposed into a product of terms resulting from the dynamics and the option payoff, respectively. The analysis is supplemented by numerical examples that demonstrate results comparable to and superior to the existing literature.

  16. Renewable energy policy evaluation using real option model. The case of Taiwan

    International Nuclear Information System (INIS)

    Lee, Shun-Chung; Shih, Li-Hsing

    2010-01-01

    This study presents a policy benefit evaluation model that integrates cost efficiency curve information on renewable power generation technologies into real options analysis (ROA) methods. The proposed model evaluates quantitatively the policy value provided by developing renewable energy (RE) in the face of uncertain fossil fuel prices and RE policy-related factors. The economic intuition underlying the policy-making process is elucidated, while empirical analysis illustrates the option value embedded in the current development policy in Taiwan for wind power. In addition to revealing the benefits that RE development provides when considering real options, analytical results indicate that ROA is a highly effective means of quantifying how policy planning uncertainty including managerial flexibility influences RE development. In addition to assessing the policy value of current RE development policy, this study also compares policy values in terms of internalized external costs and varying feed-in tariff (FIT). Simulation results demonstrate that the RE development policy with internalized CO 2 emission costs is appropriate policy planning from sustainability point of view. Furthermore, relationship between varying FIT and policy values can be shown quantitatively and appropriate FIT level could be determined accordingly. (author)

  17. International energy options: an agenda for the 1980s

    Energy Technology Data Exchange (ETDEWEB)

    Tempest, P [ed.

    1981-01-01

    Selected papers from the conference are presented under section headings on: global dilemma; government response to the energy crisis; world power politics; capital constraints and opportunities; productivity and employment; energy demand; energy supply; risks and the need for contingency planning; and international energy policies.

  18. Analysis of federal options to support photovoltaic industry growth

    Energy Technology Data Exchange (ETDEWEB)

    Bennington, G.; Cherdak, A.; Williams, F.

    1979-05-01

    This report presents the methodology and results of an analysis to determine the impact and leverage of federal options for supporting the growth of the photovoltaic industry. Results were projected for combinations of the following: an aggressive federal research and development program, achievement of a technological breakthrough, and immediate or breakthrough-dependent incentives including direct price reductions, keyed-to-breakeven subsidies, and federal puchases. The modeling methodology and market assumptions were also tested to determine their effect on analysis results.

  19. Renewable energy: the secure and sustainable option for Pakistan

    International Nuclear Information System (INIS)

    Asif, M.

    2005-01-01

    Pakistan is an energy deficient country that heavily relies on imports of fossil fuels to meet its energy requirements. Pakistan is facing severe energy challenges -indigenous oil and gas reserves are running out, energy demand is rapidly increasing, gap between demand and supply is growing, concerns about secure supply of energy are increasing and fuel cost is rising at an unprecedented rate. For sustainable development, it is crucial to ensure supply of adequate, consistent and secure supply of energy. Renewable energy resources that are sustainable are abundantly available in Pakistan in various forms such as hydel power, solar energy, wind power and biomass. To address the growing energy challenges, it has become inevitable for the country to diversify its energy market through harnessing renewable energy resources. It has been found that hydel power is one of the most significant renewable energy sources that can help Pakistan address the present as well as future energy challenges. It has been identified that solar water heating is another ready to adopt renewable energy technology that alone has the potential to meet as much as 12-15% of the country's entire energy requirements. (author)

  20. Wind energy technology: an option for a renewable clean environment energy. Low impact renewable energy: options for a clean environment and healthy Canadian economy

    International Nuclear Information System (INIS)

    Salmon, J.

    1999-01-01

    As Canada debates ways to address climate change, the country's low-impact renewable energy industries want to ensure that Canadians are provided with all of the options available to them. Accordingly, they have come together to create Options for a Clean Environment and Healthy Canadian Economy. Recognizing there is no 'silver bullet' solution to climate change, this document identifies an important suite of measures that, along with others, will allow Canada to achieve its long-term economic and environmental goals. The measures described in this document represent an investment in Canada's future. If implemented, they will reduce annual greenhouse gas (GHG) emissions by more than 12 million tonnes (Mt) by the year 2010 (roughly 8% of Canada's reduction target), create thousands of new jobs, and reduce health-care costs by millions of dollars each year. The most significant dividends from these measures, however, will occur after 2010 as a result of having set in motion fundamental changes in the attitudes of Canadians and the nature of the Canadian energy market. By 2020, the spin-off actions prompted by these measures will likely have resulted in GHG reductions twice as great as those achieved in 2010. This document highlights the opportunities associated specifically with Canada's low-impact renewable energy resources. These are non-fossil-fuel resources that are replenished through the earth's natural cycles and have a minimal impact on the environment and human health. They include wind, solar, earth energy, run-of-river hydro and sustainable biomass fuels. These resources can replace fossil fuels in a variety of areas, including electricity and space and water heating. Fuel cells, although not a renewable resource in themselves, are a promising technology that in combination with renewables have the potential to deliver versatile low-impact electricity. The document also identifies opportunities associated with the increased use of passive renewable energy

  1. Wind energy analysis system

    OpenAIRE

    2014-01-01

    M.Ing. (Electrical & Electronic Engineering) One of the most important steps to be taken before a site is to be selected for the extraction of wind energy is the analysis of the energy within the wind on that particular site. No wind energy analysis system exists for the measurement and analysis of wind power. This dissertation documents the design and development of a Wind Energy Analysis System (WEAS). Using a micro-controller based design in conjunction with sensors, WEAS measure, calcu...

  2. ACCOUNTING FOR OPTIONS AND ANALYSIS OF USE OF OPTION COMBINATION STRATEGIES

    Directory of Open Access Journals (Sweden)

    I. Derun

    2016-08-01

    Full Text Available The article deals with problems of accounting for options in Ukraine, namely: value expression of initial cost of options, their revaluation, accounting of premiums, financial assets and financial liabilities and variation margin. The paper offers ways of solution of these problems which based on harmonization with IAS 32, IAS 39, IFRS 7 and IFRS 9. The study considers option combination strategies (straddle, strangle, strap, strip and approaches of identification of possible financial results for investors which use these strategies. Examples of possible financial results are provided for buyers and sellers of options which use option combination strategies.

  3. Energy management in microgrid based on the multi objective stochastic programming incorporating portable renewable energy resource as demand response option

    International Nuclear Information System (INIS)

    Tabar, Vahid Sohrabi; Jirdehi, Mehdi Ahmadi; Hemmati, Reza

    2017-01-01

    Renewable energy resources are often known as cost-effective and lucrative resources and have been widely developed due to environmental-economic issues. Renewable energy utilization even in small scale (e.g., microgrid networks) has attracted significant attention. Energy management in microgrid can be carried out based on the generating side management or demand side management. In this paper, portable renewable energy resource are modeled and included in microgrid energy management as a demand response option. Utilizing such resources could supply the load when microgrid cannot serve the demand. This paper addresses energy management and scheduling in microgrid including thermal and electrical loads, renewable energy sources (solar and wind), CHP, conventional energy sources (boiler and micro turbine), energy storage systems (thermal and electrical ones), and portable renewable energy resource (PRER). Operational cost of microgrid and air pollution are considered as objective functions. Uncertainties related to the parameters are incorporated to make a stochastic programming. The proposed problem is expressed as a constrained, multi-objective, linear, and mixed-integer programing. Augmented Epsilon-constraint method is used to solve the problem. Final results and calculations are achieved using GAMS24.1.3/CPLEX12.5.1. Simulation results demonstrate the viability and effectiveness of the proposed method in microgrid energy management. - Highlights: • Introducing portable renewable energy resource (PRER) and considering effect of them. • Considering reserve margin and sensitivity analysis for validate robustness. • Multi objective and stochastic management with considering various loads and sources. • Using augmented Epsilon-constraint method to solve multi objective program. • Highly decreasing total cost and pollution with PRER in stochastic state.

  4. Outline of sustainable energy technology for flower bulb businesses. An economic analysis of decentralized energy production options; Verkenning duurzame energietechnieken toepasbaar op bloembollenbedrijven. Een economische analyse van decentrale opwekkingsmogelijkheden

    Energy Technology Data Exchange (ETDEWEB)

    Van der Putten, K. [Praktijkonderzoek Plant en Omgeving PPO, Bloembollen, Boomkwekerij en Fruit, Lisse (Netherlands)

    2011-05-15

    An overview is offered of the available sustainable energy sources and techniques that are available for decentralized energy generation in the flower bulb sector. By comparing the expected increase of gas and electricity prices to the expected price decrease of new, sustainable technologies, an estimate was made regarding the year in which these techniques will become financially appealing for flower bulb businesses. This comparison takes into account the various growth scenarios and the allocation of subsidies [Dutch] Een overzicht wordt gegeven van beschikbare duurzame energiebronnen en technieken waarmee decentraal energie kan worden opgewekt in de bloembollensector. Door de verwachte stijging van de gas en elektriciteitsprijzen uit te zetten tegen de verwachte prijsdaling van de nieuwe, duurzame technologieen, is een schatting gemaakt van het jaar waarin deze technieken financieel aantrekkelijk worden voor bloembollenbedrijven. Hierbij is rekening gehouden met verschillende groeiscenario's en het wel of niet verkrijgen van subsidie.

  5. Using real options analysis to support strategic management decisions

    Science.gov (United States)

    Kabaivanov, Stanimir; Markovska, Veneta; Milev, Mariyan

    2013-12-01

    Decision making is a complex process that requires taking into consideration multiple heterogeneous sources of uncertainty. Standard valuation and financial analysis techniques often fail to properly account for all these sources of risk as well as for all sources of additional flexibility. In this paper we explore applications of a modified binomial tree method for real options analysis (ROA) in an effort to improve decision making process. Usual cases of use of real options are analyzed with elaborate study on the applications and advantages that company management can derive from their application. A numeric results based on extending simple binomial tree approach for multiple sources of uncertainty are provided to demonstrate the improvement effects on management decisions.

  6. Energy in the world: The present situation and future options

    International Nuclear Information System (INIS)

    Rogner, H.H.

    1989-01-01

    It is reported that the most notable changes on the world energy scene since 1973 concerned the shift in OPEC's role from a base to a swing producer, the disruption of the fast market penetration of nuclear power and the impacts caused by the technical advances at essentially all stages of the energy system. Further, several parts of the world witnessed a strong environmental movement which attracted public attention to the conduct of the energy industry and its social implications and environmental consequences. The lecture illuminates these events in some detail and evaluate their impacts on present and future energy demand, supply and trade patterns. The future energy outlook includes two fundamentally different scenarios. Each scenario in itself appears internally consistent. The diverging projections of future energy demand and supply mixes underlying these scenarios are the result of the inclusion/omission of technical change or dynamics of technology into the analyses. 19 refs, 22 figs

  7. Valuation of Wind Energy Projects: A Real Options Approach

    Directory of Open Access Journals (Sweden)

    Luis M. Abadie

    2014-05-01

    Full Text Available We address the valuation of an operating wind farm and the finite-lived option to invest in it under different reward/support schemes: a constant feed-in tariff, a premium on top of the electricity market price (either a fixed premium or a variable subsidy such as a renewable obligation certificate or ROC, and a transitory subsidy, among others. Futures contracts on electricity with ever longer maturities enable market-based valuations to be undertaken. The model considers up to three sources of uncertainty: the electricity price, the level of wind generation, and the certificate (ROC price where appropriate. When analytical solutions are lacking, we resort to a trinomial lattice combined with Monte Carlo simulation; we also use a two-dimensional binomial lattice when uncertainty in the ROC price is considered. Our data set refers to the UK. The numerical results show the impact of several factors involved in the decision to invest: the subsidy per MWh generated, the initial lump-sum subsidy, the maturity of the investment option, and electricity price volatility. Different combinations of variables can help bring forward investments in wind generation. One-off policies, e.g., a transitory initial subsidy, seem to have a stronger effect than a fixed premium per MWh produced.

  8. Energy options and implications for the Nigerian environment

    International Nuclear Information System (INIS)

    Salau, A. M.

    1999-01-01

    The paper presents the significance and importance of energy in national life, energy conversion factors and an overview of the various energy resources in Nigeria. It also presents the impacts of fuels in terms of emissions resulting from the exploitation of fuels and their environmental impacts. A number of concepts are put forward in order to evolve a new paradigm for mitigating global effects of environmental pollution

  9. Energy-Efficiency Options for Insurance Loss Prevention

    Energy Technology Data Exchange (ETDEWEB)

    Mills, E. [Ernest Orlando Lawrence Berkeley National Lab., CA (United States). Environmental Energy Technologies Div.; Knoepfel, I. [Swiss Reinsurance Co., Zurich (Switzerland)

    1997-06-09

    Energy-efficiency improvements offer the insurance industry two areas of opportunity: reducing ordinary claims and avoiding greenhouse gas emissions that could precipitate natural disaster losses resulting from global climate change. We present three vehicles for taking advantage of this opportunity, including research and development, in- house energy management, and provision of key information to insurance customers and risk managers. The complementary role for renewable energy systems is also introduced.

  10. Hydrogen as a clean energy option; Option Wasserstoff als sauberer Energietraeger

    Energy Technology Data Exchange (ETDEWEB)

    Newi, G. [Consulectra Unternehmensberatung GmbH, Hamburg (Germany)

    1998-06-01

    Many visionary action programmes are based on the conviction that hydrogen produced from renewable, environmentally sustainable resources is the chemical energy carrier of the future. In Hamburg there have been various pilot projects over the past ten years which deal explicitly with problems of infrastructure relating to the integration of renewable energy sources in the existing energy supply. One such example is the fuel cell block heating station in Hamburg Behrenfeld which has been supplying residential buildings for some time now. Another is a practice-oriented pilot project involving a hydrogen-fuelled PAFC with 220 kW thermal and 200 kW electrical power output. The hydrogen is supplied by a 60 m-3 LH{sub 2} tank, the first of its kind to be approved by the authorities and accepted by the public. [Deutsch] Viele visionaere Aktionsprogramme sehen aus dauerhaft umweltvertraeglichen Quellen erzeugten Wasserstoff als chemischen Energietraeger der Zukunft. In Hamburg gibt es seit rd. 10 Jahren verschiedene Pilotprojekte, die sich insbesondere mit Fragen der Infrastruktur zur Integration erneuerbarer Energiequellen in die bestehende Energieversorgung befassen. Ein Beispiel ist das in Hamburg-Behrenfeld seit einiger Zeit betriebene Brennstoffzellen-Blockheizkraftwerk zur Versorgung von Wohngebaeuden. Als praxisbezogenes Pilotprojekt wird u.a. eine H{sub 2}-versorgte PAFC mit 220 kW thermischer und 200 kW elektrischer Leistung betrieben. Die Wasserstoffversorgung aus einem oberirdischen 60 m{sup 3} LH{sub 2}-Tank wurde erstmals in dieser Anwendungsform behoerdlich genehmigt und von der Oeffentlichkeit akzeptiert. (orig./MSK)

  11. Energy and the environment: Technology assessment and policy options

    International Nuclear Information System (INIS)

    Silveira, M.P.W.

    1990-01-01

    While the energy crisis of the 1970s stimulated technological innovation in developed countries, it often had the opposite effect in the third world. However, developing countries can be considered to have two types of energy systems: ''connected'' and ''disconnected''. The connected system is affected by changes in the price of commercial energy, but the disconnected system is usually rural and remote. Commercial forms of energy may be needed in the disconnected system, but they are largely unavailable. In some of the developing countries, new energy technologies have therefore been developed which adapt traditional technologies still existing in the disconnected sector. In this article some of the work of the United National Centre for Science and Technology for Development is described. Through its ATAS (Advance Technology Alert System) programme, international and regional workshops are held to discuss policy questions arising in regard to new technologies and developments. Workshops have been held in Moscow on new energy technologies in the industry subsystem (connected), in Guatemala City on new energy technologies and the disconnected system, and in Ottawa on new energy technologies, transportation and development. Initial assessments made by or through these workshops are outlined here. A fourth workshop will be held in June 1990 in Saarbrucken on energy technologies and climate change. (author). 3 figs

  12. Green Energy Options for Consumer-Owned Business

    Energy Technology Data Exchange (ETDEWEB)

    Co-opPlus of Western Massachusetts

    2006-05-01

    The goal of this project was to define, test, and prototype a replicable business model for consumer-owned cooperatives. The result is a replicable consumer-owned cooperative business model for the generation, interconnection, and distribution of renewable energy that incorporates energy conservation and efficiency improvements.

  13. Energy analysis of power systems

    International Nuclear Information System (INIS)

    2004-01-01

    Next to economic viability, the holistic energy balance of electricity generation options' is a factor of major importance. All aspects of the energy balance, i. e. all expenditures and all revenues, are compared in a life cycle analysis. This turns out to be a complex task, especially because of the large number of input quantities to be determined, including the balancing limits to be taken into account. The article presents in detail the findings of analyses of energy balances for various types of nuclear power plants as well as electricity generation in fossil-fired power plants, and for renewable energies. The analyses and their databases are discussed. Moreover, the findings are presented for the energetic amortization periods and the amounts of CO 2 emissions specific to the respective generating technologies. (orig.)

  14. DTU international energy report 2013. Energy storage options for future sustainable energy systems

    Energy Technology Data Exchange (ETDEWEB)

    Hvidtfeldt Larsen, H.; Soenderberg Petersen, L. (eds.)

    2013-11-01

    One of the great challenges in the transition to a non-fossil energy system with a high share of fluctuating renewable energy sources such as solar and wind is to align consumption and production in an economically satisfactory manner. Energy storage could provide the necessary balancing power to make this possible. This energy report addresses energy storage from a broad perspective: It analyses smaller stores that can be used locally in for example heat storage in the individual home or vehicle, such as electric cars or hydrogen cars. The report also addresses decentralized storage as flywheels and batteries linked to decentralized energy systems. In addition it addresses large central storages as pumped hydro storage and compressed air energy storage and analyse this in connection with international transmission and trading over long distances. The report addresses electrical storage, thermal storage and other forms of energy storage, for example conversion of biomass to liquid fuel and conversion of solar energy directly into hydrogen, as well as storage in transmission, grid storage etc. Finally, the report covers research, innovation and the future prospects and addresses the societal challenges and benefits of the use of energy storage. (Author)

  15. Proceedings of solar energy storage options. Volume I. An intensive workshop on thermal energy storage for solar heating and cooling

    Energy Technology Data Exchange (ETDEWEB)

    None

    1979-01-01

    Separate abstracts were prepared for the 28 papers presented. Panel chairmen's summaries are included; the complete panel reports will be published in Volume II of the Solar Energy Storage Options Workshop proceedings. (WHK)

  16. Evaluating the impacts of energy supply technology options

    International Nuclear Information System (INIS)

    Peachey, B.R.

    2009-01-01

    The newly formed Chemical Institute of Canada (CIC)/Canadian Society for Chemical Engineering (CSChE) Energy Subject Division is working to develop a methodology for assessing and communicating to governments, regulators and the public the relative merits of different technologies for meeting energy demand requirements or reducing energy consumption. The focus is on developing a process that considers a broader range of issues than basic economics, or greenhouse gas (GHG) emissions. The 12 assessment criteria proposed would address five major areas of concerns including: a) how well assumptions have been tested against the scientific method over the life cycle of an energy development, b) impacts on the availability of the basic requirements for life, c) maintaining the quality of human life, d) maintaining the quality of the local environment (air, land and water), in the area where a specific technology is used, and e) considers the potential global impacts of GHG emissions. (author)

  17. A real options approach to analyse wind energy investments under different support schemes

    International Nuclear Information System (INIS)

    Kitzing, Lena; Juul, Nina; Drud, Michael; Boomsma, Trine Krogh

    2017-01-01

    Highlights: • Real options model for wind projects considering investment timing and sizing. • Introducing a capacity constraint in the optimisation. • Addressing several uncertainty factors while still providing analytical solution. • Comparative policy analysis of investment incentives from different support schemes. • Improved quantification of trade-off between fast deployment and large projects. - Abstract: A real options model is developed to evaluate wind energy investments in a realistic and easily applicable way. Considering optimal investment timing and sizing (capacity choice), the model introduces a capacity constraint as part of the optimisation. Several correlated uncertainty factors are combined into a single stochastic process, which allows for analytical (closed-form) solutions. The approach is well suited for quantitative policy analysis, such as the comparison of different support schemes. A case study for offshore wind in the Baltic Sea quantifies differences in investment incentives under feed-in tariffs, feed-in premiums and tradable green certificates. Investors can under certificate schemes require up to 3% higher profit margins than under tariffs due to higher variance in profits. Feed-in tariffs may lead to 15% smaller project sizes. This trade-off between faster deployment of smaller projects and slower deployment of larger projects is neglected using traditional net present value approaches. In the analysis of such trade-off, previous real options studies did not consider a capacity constraint, which is here shown to decrease the significance of the effect. The impact on investment incentives also depends on correlations between the underlying stochastic factors. The results may help investors to make informed investment decisions and policy makers to strategically design renewable support and develop tailor-made incentive schemes.

  18. Wind energy development: Danish experiences and international options

    International Nuclear Information System (INIS)

    Frandsen, S.; Hasted, F.; Josephsen, L.; Nielson, J.H.

    1989-01-01

    In Denmark, wind energy makes a visible contribution to energy planning. Since 1976, over 1,800 wind turbine units have been installed in Denmark, representing a capacity of ca 140 MW out of a grid capacity of 8,000 MW. These units are all grid-connected and the unit sizes range from 55 kW to 400 kW. The installed wind energy capacity represents a substantial development of technologies for wind energy utilization during the last 15 years, involving participation from research institutes, electric utilities, private industry, and the national energy administration. A considerable improvement of the technical and economic performance of wind turbines, along with increased reliability and durability, has been strongly supported by comprehensive government programs. In 1985, another large construction program was initiated which will add 100 MW wind power capacity by the end of 1990. Parallel with commercial development, Danish utilities have developed and constructed a number of megawatt-size wind turbines on a pilot basis. In general terms the wind energy resources in Denmark are rather good, and many suitable sites exist, but installed wind energy capacity is limited by the high population density. Consequently, research is being conducted on the feasibility of offshore wind turbines. In other countries, wind energy developments similar to those in Denmark are taking place. In communities with no connection to the national grid, special attention should be paid to hybrid systems such as wind-diesel and hydro-wind systems. A substantial transfer of technology is required for facilitating significant development of hybrid systems in developing countries. 11 refs., 7 figs., 2 tabs

  19. Nuclear energy: a necessary option; Energia nuclear: una opcion necesaria

    Energy Technology Data Exchange (ETDEWEB)

    Robles N, A. G. [Comision Federal de Electricidad, Periferico Sur No. 4156, Col. Jardines del Pedregal, 01900 Ciudad de Mexico (Mexico); Ramirez S, J. R.; Esquivel E, J., E-mail: ambar.robles@cfe.gob.mx [ININ, Carretera Mexico-Toluca s/n, 52750 Ocoyoacac, Estado de Mexico (Mexico)

    2017-09-15

    With the decree of the Energy Reform and with the creation of the Electricity Industry and Energy Transition Laws; nuclear energy is incorporated into these as a source of clean energy. Currently, the share of electricity generation using conventional technologies is 80% and clean technologies of 20% of which hydroelectric plants represent 50% of these. While the operation of hydroelectric, wind, solar plants, etc. have contributed to reduce greenhouse gas emissions (GGE), the global effort to mitigate climate change has not observed the expected results, according to the meeting of COP 21 in Paris, where 196 countries agreed, unanimously, to limit the increase of the temperature at 2 degrees Celsius or less for before the year 2100. In Paris, Mexico voluntarily submitted its national mitigation and adaptation contribution to climate change by issuing 162 M ton of CO{sub 2eq} as a goal to 2030, that is a ΔGGE of -22%. This means that the electricity sector should contribute to the reduction of 139 M ton of CO{sub 2eq} and a ΔGGE of -31%. According to some experts, the goal of reducing gases for the sector could be achieved during the period defined in the Agreement, provided that the share of clean energies is added as established in the Energy Reform and the Development Program of the National Electric System 2016-2030, which establishes the addition of 35,532 MW (62%) of installed capacity in clean technologies, where nuclear energy participates with 4,191 MW (7%) that is, 2,651 MW more. Thus, this article aims to show the importance of the use of nuclear energy in the electricity sector to reduce GGE, achieve international commitments and combat climate change. (Author)

  20. 1992 Columbia River salmon flow measures Options Analysis/EIS

    International Nuclear Information System (INIS)

    1992-01-01

    This Options Analysis/Environmental Impact Statement (OA/EIS) identifies, presents effects of, and evaluates the potential options for changing instream flow levels in efforts to increase salmon populations in the lower Columbia and Snake rivers. The potential actions would be implemented during 1992 to benefit juvenile and adult salmon during migration through eight run-of-river reservoirs. The Corps of Engineers (Corps) prepared this document in cooperation with the Bonneville Power Administration and the Bureau of Reclamation. The US Fish and Wildlife Service (FSWS) is a participating agency. The text and appendices of the document describe the characteristics of 10 Federal projects and one private water development project in the Columbia River drainage basin. Present and potential operation of these projects and their effects on the salmon that spawn and rear in the Columbia and Snake River System are presented. The life history, status, and response of Pacific salmon to current environmental conditions are described

  1. 1992 Columbia River Salmon Flow Measures Options Analysis/EIS.

    Energy Technology Data Exchange (ETDEWEB)

    1992-01-01

    This Options Analysis/Environmental Impact Statement (OA/EIS) identifies, presents effects of, and evaluates the potential options for changing instream flow levels in efforts to increase salmon populations in the lower Columbia and Snake rivers. The potential actions would be implemented during 1992 to benefit juvenile and adult salmon during migration through eight run-of-river reservoirs. The Corps of Engineers (Corps) prepared this document in cooperation with the Bonneville Power Administration and the Bureau of Reclamation. The US Fish and Wildlife Service (FSWS) is a participating agency. The text and appendices of the document describe the characteristics of 10 Federal projects and one private water development project in the Columbia River drainage basin. Present and potential operation of these projects and their effects on the salmon that spawn and rear in the Columbia and Snake River System are presented. The life history, status, and response of Pacific salmon to current environmental conditions are described.

  2. Economic analysis of nuclear energy

    Energy Technology Data Exchange (ETDEWEB)

    Song, Ki Dong; Lee, M. K.; Moon, K. H.; Kim, S. S.; Lim, C. Y.; Kim, H. S

    2000-12-01

    This study identified the role of nuclear energy in the following three major aspects. First of all, this study carried out cost effectiveness of nuclear as a CDM technology, which is one of means of GHG emission reduction in UNFCCC. Secondly, environmental externalities caused by air pollutants emitted by power options were estimated. The 'observed market behaviour' method and 'responses to hypothetical market' method were used to estimate objectively the environmental external costs by electric source, respectively. Finally, the role of nuclear power in securing electricity supply in a liberalized electricity market was analyzed. This study made efforts to investigate whether nuclear power generation with high investment cost could be favored in a liberalized market by using 'option value' analysis of investments.

  3. Economic analysis of nuclear energy

    International Nuclear Information System (INIS)

    Song, Ki Dong; Lee, M. K.; Moon, K. H.; Kim, S. S.; Lim, C. Y.; Kim, H. S.

    2000-12-01

    This study identified the role of nuclear energy in the following three major aspects. First of all, this study carried out cost effectiveness of nuclear as a CDM technology, which is one of means of GHG emission reduction in UNFCCC. Secondly, environmental externalities caused by air pollutants emitted by power options were estimated. The 'observed market behaviour' method and 'responses to hypothetical market' method were used to estimate objectively the environmental external costs by electric source, respectively. Finally, the role of nuclear power in securing electricity supply in a liberalized electricity market was analyzed. This study made efforts to investigate whether nuclear power generation with high investment cost could be favored in a liberalized market by using 'option value' analysis of investments

  4. Consumer energy conservation options - professional and consumer perspectives

    Energy Technology Data Exchange (ETDEWEB)

    Ritchie, B.J.R.; Claxton, J.D.; McDougall, G.H.G.

    1980-01-01

    The objectives of this study were to: identify government policies for reducing Canadian consumption of home heating fuel, electricity, and gasoline; assess probable effectiveness of different policy alternatives as a means of reducing consumer energy consumption; and measure the acceptability to Canadian consumers of the different policy alternatives. Interviews were conducted with energy conservation professionals to identify and evaluate existing energy conservation programs, and interviews were conducted with consumers who had evaluated selected programs previously reviewed by the professionals. Information was also gathered on energy conservation activities of consumers surveyed. A directory of 34 energy conservation programs was also compiled. Some of the conclusions reached in this report are as follows. There is a need for an information system to gather data on existing conservation programs in order to increase the knowledge of relevant parties as to the outcomes of operating programs. This would help evaluation and improvement of current programs and suggest new program possibilities. The professionals rated six of the 34 programs highly, including the Energuide and the Canadian Home Insulation Program (CHIP). Retrofitting programs for houses are recommended for continuation and expansion, with some consideration given to linking these kinds of programs with home audit programs. In the private transport sector, any new conservation programs should be thoroughly tested on a small scale before widespread implementation, as evidence indicates that certain programs favorably evaluated by professionals may not be received favorably by consumers. 3 refs., 24 tabs.

  5. Assesment of Energy Options for CO2 Emission Reduction

    International Nuclear Information System (INIS)

    Cavlina, Nikola

    2014-01-01

    Since the 1992 Earth Summit in Rio de Janeiro, global anthropogenic CO 2 emissions grew by 52% which caused an increase in 10.8% in the CO 2 concentration in the atmosphere, and it tipped the 400 ppm mark in May 2013. The Fifth Assessment Report on climate impacts from the Intergovernmental Panel on Climate Change (IPCC) confirmed earlier warnings that climate change is already stressing human communities, agriculture, and natural ecosystems, and the effects are likely to increase in the future. While European Union has long been committed to lowering carbon emissions, this places additional pressure on current EU goals for energy sector that includes significant reduction of CO 2 emissions. Current EU commitment has been formalized in so-called '20-20-20' plan, reducing carbon emissions, increasing energy efficiency and increasing energy production from renewables by 20% by 2020. Some EU member states are even more ambitious, like United Kingdom, planning to reduce carbon emissions by 80% by 2050. Bulk of carbon reduction will have to be achived in energy sector. In the power industry, most popular solution is use of solar and wind power. Since their production varies significantly during the day, for the purpose of base-load production they can be paired with gas-fired power plant. Other possible CO 2 -free solution is nuclear power plant. In this invited lecture, predicted cost of energy production for newly bulit nuclear power plant and newly built combination of wind or solar and gas-fired power plant are compared. Comparison was done using Levelized Unit of Energy Cost (LUEC). Calculations were performed using the Monte Carlo method. For input parameters that have biggest uncertainty (gas cost, CO 2 emission fee) those uncertainties were addressed not only through probability distribution around predicted value, but also through different scenarious. (author)

  6. Energy development and water options in the Yellowstone River Basin

    Energy Technology Data Exchange (ETDEWEB)

    Narayanan, R.; MacIntyre, D.D.; Torpy, M.F.

    1980-08-01

    Using a mixed-integer programming model, the impacts of institutional constraints on the marginal capacity for energy development in the Yellowstone River Basin and consequent hydrologic changes were examined. Under average annual flow conditions, energy outputs in the Yellowstone Basin can increase roughly nine times by 1985 and 12 to 18 times by 2000. In contrast, water availability is limiting energy development in the Tongue and Powder River Basins in Wyoming. Variability in hydrologic regime causes model solutions to change drastically. If flows decrease to 80 and 60% of average annual levels, the energy production is decreased by 17 and 95%, respectively. If development strategies in the basin are followed on the basis of 80% average annual flows, the Buffalo Bill enlargement (271,300 acre-ft), Tongue River Modification (58,000 acre-ft), and the two reservoirs at Sweetgrass Creek (each 27,000 acre-ft) will be necessary, in addition to several small storage facilities, to best meet the instream flow needs in Montana and to deliver the waters apportioned by compact between Wyoming and Montana. Furthermore, the results indicate that relaxing the instream flow requirements from recommended levels by 10% could increase regional energy output by 19% in 1985 and 35% in 2000. This model illustrates that modifications in institutional restrictions to achieve greater water mobility between users in a given state, as well as flexible practices for transferring water between states, can assist economic growth. Thus, the probability for restricted energy development at this juncture appears to be affected to a greater degree by institutional constraints than by water availability constraints.

  7. On-Site or Off-Site Renewable Energy Supply Options?

    DEFF Research Database (Denmark)

    Marszal, Anna Joanna; Heiselberg, Per; Jensen, Rasmus Lund

    2012-01-01

    The concept of a Net Zero Energy Building (Net ZEB) encompasses two options of supplying renewable energy, which can offset energy use of a building, in particular on-site or off-site renewable energy supply. Currently, the on-site options are much more popular than the off-site; however, taking...... into consideration the limited area of roof and/or façade, primarily in the dense city areas, the Danish weather conditions, the growing interest and number of wind turbine co-ops, the off-site renewable energy supply options could become a meaningful solution for reaching ‘zero’ energy goal in the Danish context...... five technologies, i.e., two on-site options: (1) photovoltaic, (2) micro combined heat and power, and three off-site options: (1) off-site windmill, (2) share of a windmill farm and (3) purchase of green energy from the 100% renewable utility grid. The results indicate that in case of the on...

  8. Biomass energy development and carbon dioxide mitigation options

    International Nuclear Information System (INIS)

    Hall, D.O.; House, J.I.

    1995-01-01

    Studies on climate change and energy production increasingly recognize the crucial role of biological systems. Carbon sinks in forests (above and below ground), CO 2 emissions from deforestation, planting trees for carbon storage, and biomass as a substitute for fossil fuels are some of the key issues which arise. Halting deforestation is of paramount importance, but there is also great potential for reforestation of degraded lands, agroforestry and improved forest management. We conclude that biomass energy plantations and other types of energy cropping could be a more effective strategy for carbon mitigation than simply growing trees as a carbon store. Using the biomass for production of modern energy carriers such as electricity, and liquid and gaseous fuels also has a wide range of other environmental, social and economic benefits. In order for biomass projects to succeed, it is necessary to ensure that these benefits are felt locally as well as nationally, furthermore, environmental sustainability of bioenergy projects is an essential requirement. The constraints to achieving environmentally-acceptable biomass production are not insurmountable. Rather they should be seen as scientific and entrepreneurial opportunities which will yield numerous advantages at local, national and international levels in the long term. (au) 76 refs

  9. Decisioneering in Nuclear Energy Systems : A Real Option View

    NARCIS (Netherlands)

    Lauferts, U.

    2012-01-01

    Financial- and Energy markets have one predominant characteristic in common: A large degree of uncertainty that drives the value of an investment in them. The thesis criticises the poor decision making support for investments into new generation capacity on base of pure cost comparison and NPV

  10. New window design options for CEBAF energy upgrade

    International Nuclear Information System (INIS)

    Phillips, L.; Mammosser, J.; Nguyen, V.

    1997-01-01

    As the Jefferson Laboratory upgrades the existing CEBAF electron accelerator to operate at higher energies, the fundamental power coupler windows will be required to operate with lower RF dissipation and increased immunity to radiation from cavity field emission. New designs and modifications to existing designs which can achieve these goals are described

  11. Energy, chemicals and carbon: future options for the Eucalyptus ...

    African Journals Online (AJOL)

    This paper examines the current Eucalyptus value chain and the possible drivers that may impact upon it. The potential consequences of climate change on the growth and yield of Eucalyptus are discussed and the impact of the security of oil reserves and increased costs of fossil-fuel-derived energy and raw materials upon ...

  12. Assessing policy options for increasing the use of renewable energy for sustainable development: Modelling energy scenarios for Sichuan, China. A UN-ENERGY demonstration study

    International Nuclear Information System (INIS)

    2007-01-01

    policies to increase the share of renewables in the energy supply mix of Sichuan, China. It was initiated in response to the Johannesburg Plan of Implementation's call to 'with a sense of urgency, substantially increase the global share of renewable energy sources'. The study again combines the IAEA models for analyzing national energy systems with data provided by UNEP, DESA and other public sources. It is important to note that this is a demonstration study, not a comprehensive analysis of policy options for Sichuan, but it provides generic insights on policy options to promote the use of renewable energy sources. The study also demonstrates the kind of policy work that UN-Energy can undertake as it seeks to evolve the joint capacity of the UN system to assist nations in facing the energy challenges of the 21st century. UN-Energy seeks to institutionalize a collaborative approach in an area that has not previously been subject to such approaches in the UN system. UNEnergy would appreciate views by readers of our reports in order to guide our future work

  13. Pioneering renewable energy options: Thailand takes up the challenge

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2013-07-15

    Thailand’s support policies for renewable energy (RE) in the power sector have allowed individual small projects to add up to something substantial, attracting more investment and leading to faster growth in the sector than in most other Asian nations. Thai energy policy is complex, and the development of RE has not been without controversy. While this paper provides some elements of the context, it cannot cover all aspects of Thai energy policy. Instead it focuses on identifying factors that can explain the relative success of Thai policies and highlights some lessons for future development. Key messages include: Thailand was among the first countries in Asia to introduce incentive policies for the generation of electricity from renewable energy (RE) sources, leading to rapid growth, particularly in solar power; programmes for small and very small power producers created predictable conditions for RE investors to sell electricity to the grid. The 'Adder', a feed-in premium, guarantees higher rates for RE, making the investments profitable. Thailand also regularly updates technical regulations, provides preferential financing, and invests in research and training; civil society involvement strengthened and improved RE policies. In Thailand, outside expertise and links to international networks brought in by civil society experts were crucial for the design and approval of the incentive measures; and, the Thai Government is now adapting its policies to take account of recent technological progress and market growth. It is considering a sophisticated feed-in tariff to better control costs, while continuing to offer an enabling environment for RE investments.

  14. Options for Kentucky's Energy Future

    Energy Technology Data Exchange (ETDEWEB)

    Larry Demick

    2012-11-01

    Three important imperatives are being pursued by the Commonwealth of Kentucky: ? Developing a viable economic future for the highly trained and experienced workforce and for the Paducah area that today supports, and is supported by, the operations of the US Department of Energy’s (DOE’s) Paducah Gaseous Diffusion Plant (PGDP). Currently, the PGDP is scheduled to be taken out of service in May, 2013. ? Restructuring the economic future for Kentucky’s most abundant indigenous resource and an important industry – the extraction and utilization of coal. The future of coal is being challenged by evolving and increasing requirements for its extraction and use, primarily from the perspective of environmental restrictions. Further, it is important that the economic value derived from this important resource for the Commonwealth, its people and its economy is commensurate with the risks involved. Over 70% of the extracted coal is exported from the Commonwealth and hence not used to directly expand the Commonwealth’s economy beyond the severance taxes on coal production. ? Ensuring a viable energy future for Kentucky to guarantee a continued reliable and affordable source of energy for its industries and people. Today, over 90% of Kentucky’s electricity is generated by burning coal with a delivered electric power price that is among the lowest in the United States. Anticipated increased environmental requirements necessitate looking at alternative forms of energy production, and in particular electricity generation.

  15. Building energy analysis tool

    Science.gov (United States)

    Brackney, Larry; Parker, Andrew; Long, Nicholas; Metzger, Ian; Dean, Jesse; Lisell, Lars

    2016-04-12

    A building energy analysis system includes a building component library configured to store a plurality of building components, a modeling tool configured to access the building component library and create a building model of a building under analysis using building spatial data and using selected building components of the plurality of building components stored in the building component library, a building analysis engine configured to operate the building model and generate a baseline energy model of the building under analysis and further configured to apply one or more energy conservation measures to the baseline energy model in order to generate one or more corresponding optimized energy models, and a recommendation tool configured to assess the one or more optimized energy models against the baseline energy model and generate recommendations for substitute building components or modifications.

  16. Energy Sector Market Analysis

    Energy Technology Data Exchange (ETDEWEB)

    Arent, D.; Benioff, R.; Mosey, G.; Bird, L.; Brown, J.; Brown, E.; Vimmerstedt, L.; Aabakken, J.; Parks, K.; Lapsa, M.; Davis, S.; Olszewski, M.; Cox, D.; McElhaney, K.; Hadley, S.; Hostick, D.; Nicholls, A.; McDonald, S.; Holloman, B.

    2006-10-01

    This paper presents the results of energy market analysis sponsored by the Department of Energy's (DOE) Weatherization and International Program (WIP) within the Office of Energy Efficiency and Renewable Energy (EERE). The analysis was conducted by a team of DOE laboratory experts from the National Renewable Energy Laboratory (NREL), Oak Ridge National Laboratory (ORNL), and Pacific Northwest National Laboratory (PNNL), with additional input from Lawrence Berkeley National Laboratory (LBNL). The analysis was structured to identify those markets and niches where government can create the biggest impact by informing management decisions in the private and public sectors. The analysis identifies those markets and niches where opportunities exist for increasing energy efficiency and renewable energy use.

  17. Least cost analysis of renewable energy projects

    International Nuclear Information System (INIS)

    Cosgrove-Davies, M.; Cabraal, A.

    1994-01-01

    This paper describes the methodology for evaluating dispersed and centralized rural energy options on a least cost basis. In defining the load to be served, each supply alternative must provide equivalent levels of service. The village to be served is defined by the number of loads, load density, distance from the nearest power distribution line, and load growth. Appropriate rural energy alternatives are identified and sized to satisfy the defined load. Lastly, a net present value analysis (including capital, installation, O and M, fuel, and replacement costs, etc.) is performed to identify the least cost option. A spreadsheet-based analytical tool developed by the World Bank's Asia Alternative Energy Unit (ASTAE) incorporates this approach and has been applied to compare photovoltaic solar home systems with other rural energy supply options in Indonesia. Load size and load density are found to be the critical factors in choosing between a grid and off-grid solution

  18. Republic of the Marshall Islands. Energy Project Development Options and Technical Assessment (2013)

    Energy Technology Data Exchange (ETDEWEB)

    Conrad, Misty Dawn [National Renewable Energy Lab. (NREL), Golden, CO (United States); Olis, Dan [National Renewable Energy Lab. (NREL), Golden, CO (United States); Ness, J. Erik [National Renewable Energy Lab. (NREL), Golden, CO (United States); Esterly, Sean [National Renewable Energy Lab. (NREL), Golden, CO (United States)

    2015-09-01

    The advancement of renewable energy and energy efficient technologies continues to be fluid. There are many technical opportunities and strategies that can be utilized to guide communities to deploy cost-effective commercial alternative energy options; however, to achieve aggressive economic, environmental, and security goals, it requires a comprehensive, integrated approach. This document reports on the initial findings of an energy assessment that was conducted for the Republic of the Marshall Islands.

  19. [Alaskan commodities irradiation project: An options analysis study

    International Nuclear Information System (INIS)

    Zarling, J.P.; Swanson, R.B.; Logan, R.R.

    1989-09-01

    The ninety-ninth US Congress commissioned a six-state food irradiation research and development program to evaluate the commercial potential of this technology. Hawaii, Washington, Iowa, Oklahoma and Florida as well as Alaska have participated in the national program; various food products including fishery products, red meats, tropical and citrus fruits and vegetables have been studied. The purpose of the Alaskan study was to review and evaluate those factors related to the technical and economic feasibility of an irradiator in Alaska. This options analysis study will serve as a basis for determining the state's further involvement in the development of food irradiation technology

  20. Keeping options open. Energy, technology and sustainable development

    International Nuclear Information System (INIS)

    Rogner, Hans-Holger; Langlois, Lucille; McDonald, Alan

    2001-01-01

    The Ninth Session of the the Commission for Sustainable Development (CSD-9) in April 2001 provided an excellent opportunity for a full debate on the role of nuclear power in sustainable development, as part of its over-all discussion of energy, transport and the atmospheric change issues. On nuclear power, there were two important conclusions. First, countries agreed to disagree on the role of nuclear power in sustainable development. CSD-9's final text recognizes that some countries view nuclear power as incompatible with sustainable development while others believe it is an important contributor to sustainable development. For each case, the reasoning is presented in the text. The second conclusion, on which there was consensus agreement, is that 'the choice of nuclear energy rests with countries'. The arguments in favor of an important role for nuclear power role in sustainable development are that it broadens the resource base by putting uranium to productive use; it reduces harmful emissions; it expands electricity supplies and it increases the world's stock of technological and human capital. It is ahead of other energy technologies in internalizing all externalities, from safety to waste disposal to decommissioning - the costs of all of these are already included in the price of nuclear electricity in most countries. The complete nuclear power chain, from resource extraction to waste disposal including reactor and facility construction, emits only two to kilowatt-hour -- about the same as wind and solar power and two orders of magnitude below coal, oil, and even natural gas. In addition, nuclear power avoids the emission of many other air pollutants, such as SO 2 , NO x and particulates

  1. Is it still an energy option in the US

    International Nuclear Information System (INIS)

    Weaver, L.E.

    1984-01-01

    Questions regarding nuclear power as a viable energy source in the future of the US are discussed. Successful, economical production of electricity in the past is contrasted with dramatic cost overruns, delays, and quality assurance problems of today. Long term issues include: reactor licensing and regulations, nuclear waste management, economics, public opinion, and demand. Problems that would be faced if nuclear power were to fade away temporarily and then be needed in the 21st century, lack of technical expertise and educational facilities, etc., are discussed

  2. Recycling and transmutation of spent fuel as a sustainable option for the nuclear energy development

    International Nuclear Information System (INIS)

    Maiorino, Jose R.; Moreira, Joao M.L.

    2013-01-01

    The objective of this paper is to discuss the option of recycling and transmutation of radioactive waste against Once-through Fuel Cycle (OTC) based on uranium feed under the perspective of sustainability. We use a qualitative analysis to compare OTC with closed fuel cycles based on studies already performed such as the Red Impact Project and the comparative study on accelerator driven systems and fast reactors for advanced fuel cycles performed by the Nuclear Energy Agency. The results show that recycling and transmutation fuel cycles are more attractive than the OTC from the point of view of sustainability. The main conclusion is that the decision about the construction of a deep geological repository for spent fuel disposal must be reevaluated. (author)

  3. Wood pellets offer a competitive energy option in Sweden

    International Nuclear Information System (INIS)

    2001-01-01

    The market for wood pellets in Sweden grew rapidly during the 1990s and production now stands at around 550,000 tonnes/year. More efficient combustion technology, pellet transportation, pellet storage and pellet delivery have also been developed. The pellets, which are produced by some 25 plants, are used in family houses, large-scale district heating plants, and combined heat and power (CHP) plants. Most of the pellets are made from biomass resources such as forest residues and sawdust and shavings from wood mills. Pellet production, the energy content of saw mill by-products, the current market and its potential for future expansion, the way in which the pellets are used in different combustion systems, the theoretical market potential for wood pellet heating installations in small houses and the Swedish P-certificate system for the certification of pellet stoves and burners are described

  4. Strategies for implementation of CO2-mitigation options in Nigeria's energy sector

    International Nuclear Information System (INIS)

    Ibitoye, F.I.; Akinbami, J.-F.K.

    1999-01-01

    Recent studies indicate that Nigeria's CO 2 budget was about 164 million tonnes (MTons) in 1990, of which the energy sector contributed close to 55%. It is expected that CO 2 emissions emanating from the energy sector will increase from 90 MTons in 1990 to about 3 times this value in another 30 years, assuming a least-cost moderate development scenario. A number of viable CO 2 -mitigation options have already been identified in the energy sector, some of them the so-called 'win-win' options. As attractive as some of these options might appear, their implementation will depend on the removal of certain barriers. These barriers include a lack of legislative framework, a lack of awareness, a lack of access to appropriate technology, as well as inappropriate energy-pricing policies, among others. The paper presents an overview of Nigeria's energy-sector, the CO 2 mitigation-options, the factors militating against implementation of the options, and some policy recommendations for removal of the barriers. (Copyright (c) 1999 Elsevier Science B.V., Amsterdam. All rights reserved.)

  5. Design options for cooperation mechanisms under the new European renewable energy directive

    International Nuclear Information System (INIS)

    Klessmann, Corinna; Lamers, Patrick; Ragwitz, Mario; Resch, Gustav

    2010-01-01

    In June 2009, a new EU directive on the promotion of renewable energy sources (RES) entered into effect. The directive 2009/28/EC, provides for three cooperation mechanisms that will allow member states to achieve their national RES target in cooperation with other member states: statistical transfer, joint projects, and joint support schemes. This article analyses the pros and cons of the three mechanisms and explores design options for their implementation through strategic and economic questions: How to counterbalance the major drawbacks of each mechanism? How to reflect a balance of costs and benefits between the involved member states? The analysis identifies a number of design options that respond to these questions, e.g. long term contracts to ensure sufficient flexibility for statistical transfers, a coordinated, standardised joint project approach to increase transparency in the European market, and a stepwise harmonisation of joint support schemes that is based on a cost-effective accounting approach. One conclusion is that the three cooperation mechanisms are closely interlinked. One can consider their relation to be a gradual transition from member state cooperation under fully closed national support systems in case of statistical transfers, to cooperation under fully open national support systems in a joint support scheme.

  6. Real Option Cost Vulnerability Analysis of Electrical Infrastructure

    Science.gov (United States)

    Prime, Thomas; Knight, Phil

    2015-04-01

    means that a real option can be deferred or exercised depending on the climate future that has been realised. The real option value is defined as the maximum positive NPV value that is found across the range of potential SLR "futures". Real Options add value in that flood defences may not be built when there is real value in doing so. The cost modelling output is in the form of an accessible database that has detailed real option values varying spatially across the model domain (for each critical infrastructure) and temporally up to 2100. The analysis has shown that in 2100, 8.2% of the substations analysed have a greater than a 1 in 2 chance of exercising the real option to build flood defences against coastal flooding. The cost modelling tool and flood maps that have been developed will help stakeholders in deciding where and when to invest in mitigating against coastal flooding.

  7. Photobiological production of hydrogen: a solar energy conversion option

    Energy Technology Data Exchange (ETDEWEB)

    Weaver, P.; Lien, S.; Seibert, M.

    1979-01-01

    This literature survey of photobiological hydrogen production covers the period from its discovery in relatively pure cultures during the early 1930s to the present. The focus is hydrogen production by phototrophic organisms (and their components) which occurs at the expense of light energy and electron-donating substrates. The survey covers the major contributions in the area; however, in many cases, space has limited the degree of detail provided. Among the topics included is a brief historical overview of hydrogen metabolism in photosynthetic bacteria, eucaryotic algae, and cyanobacteria (blue--green algae). The primary enzyme systems, including hydrogenase and nitrogenase, are discussed along with the manner in which they are coupled to electron transport and the primary photochemistry of photosynthesis. A number of in vivo and in vitro photobiological hydrogen evolving schemes including photosynthetic bacterial, green algal, cyanobacterial, two-stage, and cell-free systems are examined in some detail. The remainder of the review discusses specific technical problem areas that currently limit the yield and duration of many of the systems and research that might lead to progress in these specific areas. The final section outlines, in broadest terms, future research directions necessary to develop practical photobiological hydrogen-producing systems. Both whole cell (near- to mid-term) and cell-free (long-term) systems should be emphasized. Photosynthetic bacteria currently show the most promise for near-term applied systems.

  8. Error Analysis for Fourier Methods for Option Pricing

    KAUST Repository

    Hä ppö lä , Juho

    2016-01-01

    We provide a bound for the error committed when using a Fourier method to price European options when the underlying follows an exponential Levy dynamic. The price of the option is described by a partial integro-differential equation (PIDE

  9. Innovative Energy Planning and Nuclear Option Using CANDLE Reactors

    Energy Technology Data Exchange (ETDEWEB)

    Sekimoto, H; Nagata, A; Mingyu, Y [Tokyo Institute of Technology, Tokyo (Japan)

    2008-07-01

    A new reactor burn-up strategy CANDLE (Constant Axial shape of Neutron flux, nuclide densities and power shape During Life of Energy producing reactor) was proposed, where shapes of neutron flux, nuclide densities and power density distributions remain constant but move upward (or downward) along its core axis. This burn-up strategy can derive many merits. The change of excess reactivity along burn-up is theoretically zero for ideal equilibrium condition, and shim rods will not be required for this reactor. The reactor becomes free from accidents induced by unexpected control rods withdrawal. The core characteristics, such as power feedback coefficients and power peaking factor, are not changed during life of operation. Therefore, the operation of the reactor becomes much easier than the conventional reactors. The infinite-medium neutron multiplication factor of replacing fuel is less than unity. Therefore, the transportation and storage of replacing fuels becomes easy and safe, since they are free from criticality accidents. Small long life fast reactor with CANDLE burn-up concept has investigated with depleted uranium as a replacing fuel. Both core diameter and height are chosen to be 2.0 m, and the thermal power is 200 MW. Lead-bismuth is used as a coolant, and nitride (enriched N-15) fuel are employed. The velocity of burning region along burn-up is less than 1.0 cm/year that enables a long life design easily. The core averaged discharged fuel burn-up is about 40 percent. It is about ten times of light water reactor burn-up. The spent fuel volume becomes one-tenth of light water reactor spent fuel. If a light water reactor with a certain power output has been operated for 40 years, the CANDLE reactor can be operated for 2000 years with the same power output and with only depleted uranium left after fuel production for the light water reactor. The system does not need any reprocessing or enrichment. Therefore, the reactor operation becomes very safe, the waste

  10. Innovative Energy Planning and Nuclear Option Using CANDLE Reactors

    International Nuclear Information System (INIS)

    Sekimoto, H.; Nagata, A.; Mingyu, Y.

    2008-01-01

    A new reactor burn-up strategy CANDLE (Constant Axial shape of Neutron flux, nuclide densities and power shape During Life of Energy producing reactor) was proposed, where shapes of neutron flux, nuclide densities and power density distributions remain constant but move upward (or downward) along its core axis. This burn-up strategy can derive many merits. The change of excess reactivity along burn-up is theoretically zero for ideal equilibrium condition, and shim rods will not be required for this reactor. The reactor becomes free from accidents induced by unexpected control rods withdrawal. The core characteristics, such as power feedback coefficients and power peaking factor, are not changed during life of operation. Therefore, the operation of the reactor becomes much easier than the conventional reactors. The infinite-medium neutron multiplication factor of replacing fuel is less than unity. Therefore, the transportation and storage of replacing fuels becomes easy and safe, since they are free from criticality accidents. Small long life fast reactor with CANDLE burn-up concept has investigated with depleted uranium as a replacing fuel. Both core diameter and height are chosen to be 2.0 m, and the thermal power is 200 MW. Lead-bismuth is used as a coolant, and nitride (enriched N-15) fuel are employed. The velocity of burning region along burn-up is less than 1.0 cm/year that enables a long life design easily. The core averaged discharged fuel burn-up is about 40 percent. It is about ten times of light water reactor burn-up. The spent fuel volume becomes one-tenth of light water reactor spent fuel. If a light water reactor with a certain power output has been operated for 40 years, the CANDLE reactor can be operated for 2000 years with the same power output and with only depleted uranium left after fuel production for the light water reactor. The system does not need any reprocessing or enrichment. Therefore, the reactor operation becomes very safe, the waste

  11. A multi-criteria optimization analysis for Jordan's energy mix

    International Nuclear Information System (INIS)

    Malkawi, Salaheddin; Al-Nimr, Moh'd; Azizi, Danah

    2017-01-01

    In this study Jordan's energy options were evaluated and ranked with respect to several criteria clusters including financial, technical, environmental, ecological, social, and risk assessment. The Analytical Hierarchy Process; a multi-criteria decision-making analysis, was selected to evaluate the electricity generation options for Jordan. Energy options covered in the analysis include both conventional and renewable sources. Conventional sources evaluated include Oil and Natural Gas. Renewable sources covered wind, biomass, Photovoltaic and concentrated solar systems. The study also investigated generation from nuclear energy and direct combustion of oil shale as well as demand side savings from energy efficiency measures as a resource. Results indicate that to date; conventional fuels remain Jordan's most feasible options from a technical and financial perspective. Nonetheless diversification is essential to promoting energy security as well as environmental welfare. Results indicate that Jordan's best diversification options are nuclear, oil shale, biomass, and wind energy. - Highlights: • A Multi-Criteria Optimization Analysis technique was used to compare nine electricity generation options. • Options considered included Fossil Fuel sources, Nuclear Energy , Renewable Energy and Energy Efficiency. • Six criteria clusters were considered: financial, technical, environmental, ecological, social, and risk assessment. • Results outline potential policy implications for diversifying Jordan's energy mix. • Conventional fuels remain integral and Oil shale, Nuclear, Biomass and Wind offer the best diversification potential.Tag as highlight.

  12. Sequencing Infrastructure Investments under Deep Uncertainty Using Real Options Analysis

    Directory of Open Access Journals (Sweden)

    Nishtha Manocha

    2018-02-01

    Full Text Available The adaptation tipping point and adaptation pathway approach developed to make decisions under deep uncertainty do not shed light on which among the multiple available pathways should be chosen as the preferred pathway. This creates the need to extend these approaches by means of suitable tools that can help sequence actions and subsequently enable the outlining of relevant policies. This paper presents two sequencing approaches, namely, the “Build to Target” and “Build Up” approach, to aid in sub-selecting a set of preferred pathways. Both approaches differ in the levels of flexibility they offer. They are exemplified by means of two case studies wherein the Net Present Valuation and the Real Options Analysis are employed as selection criterions. The results demonstrate the benefit of these two approaches when used in conjunction with the adaptation pathways and show how the pathways selected by means of a Build to Target approach generally have a value greater than, or at least the same as, the pathways selected by the Build Up approach. Further, this paper also demonstrates the capacity of Real Options to quantify and capture the economic value of flexibility, which cannot be done by traditional valuation approaches such as Net Present Valuation.

  13. Considering environmental health risks of energy options. Hydraulic fracturing and nuclear power

    Energy Technology Data Exchange (ETDEWEB)

    MacDonell, Margaret; Raymond, Michelle; Burganowski, Rachael; Vetrone, Andrea; Alonzo, Sydney [Argonne National Laboratory, Argonne, IL (United States). Environmental Science Div.

    2014-07-01

    Growing public concerns about climate change and environmental health impacts related to energy production have led to increased consideration of alternate sources. Nuclear power and unconventional oil and shale gas development are among the options least favored by the public, with pollutant releases resulting from routine operations as well as accidents being among the key concerns. Advances in ICT approaches and the increasingly widespread accessibility of information resources and tools have facilitated community-based initiatives and broader data sharing that can directly contribute to more informed evaluations of energy options, toward more sustainable programs from the local to the global scale.

  14. Analysis of Nuclear Option in Planning on Java Bali Integrated Electricity System By Using Message Program

    International Nuclear Information System (INIS)

    Masdin; Sudi-Ariyanto; Nuryanti

    2004-01-01

    The growth of national energy demand in the future still become a great challenge for energy supply sector in Indonesia. The current energy supply strategy focuses the development and diversification of all energy options including fossil fuel, renewable energy and nuclear energy. Based on the Comprehensive Assessment Of Different Energy Source For Electricity Demand Study (CADES), final energy demand will grow from 4,065 PJ in 2000 to about 8,200 PJ in 2025. In this paper, the analysis of national energy system network will be divided into 2 regions, namely Java Bali region and Outside Java Bali region. Period of time horizon chosen in this study is 25 years (2000 to 2025). Simulation of network system configuration based on minimum objective function criteria was done by using MESSAGE (Model for Energy Supply Strategy Alternatives and their General Environmental Impacts) computer program. The focus of the analysis in this paper is simulation of electricity planning sector for Java Bali region. The result of simulation shows that for scenarios with no limitation on all fuel for power plant, scenario where fuel oil as constant supply for power plant and also configuration with limitation on gas supply, Nuclear Power Plant (NPP) does not appear during the study period using cost parameter set in this study. If there are limitations on gas supply and constrains of emissions (SO 2 and CO 2 ) due to coal combustion, NPP would become competitive and appear at about year 2015. (author)

  15. Combinations of options: Methodology for impact analysis. Development plan 1993

    International Nuclear Information System (INIS)

    1992-01-01

    The orientations favored by Hydro-Quebec in terms of electricity supply and demand are based on a few key selection criteria. These criteria, as described in its development plan, pertain to economic benefit for the utility and its customers, compatibility with sustainable development, minimization of costs to customers, preservation of the utility's financial health, generation of economic spinoffs, and ease of adaptation. Impacts are calculated to illustrate the selection criteria. The main methods, assumptions, and components used in evaluating the various impacts are described. The discounted overall cost for Hydro-Quebec and all of its customers, means of meeting electricity requirements, and the economic benefit for Hydro-Quebec of the various market development options are discussed. The indicators chosen for environmental impact assessment are set forth and the method used to calculate long-term supply costs is presented, along with the methods for calculating economic spinoffs. Finally, the concepts of energy mix and energy self-sufficiency are outlined. 1 tab

  16. Systems analysis of decontamination options for civilian vehicles.

    Energy Technology Data Exchange (ETDEWEB)

    Foltz, Greg W.; Hoette, Trisha Marie

    2010-11-01

    The objective of this project, which was supported by the Department of Homeland Security (DHS) Science and Technology Directorate (S&T) Chemical and Biological Division (CBD), was to investigate options for the decontamination of the exteriors and interiors of vehicles in the civilian setting in order to restore those vehicles to normal use following the release of a highly toxic chemical. The decontamination of vehicles is especially challenging because they often contain sensitive electronic equipment, multiple materials some of which strongly adsorb chemical agents, and in the case of aircraft, have very rigid material compatibility requirements (i.e., they cannot be exposed to reagents that may cause even minor corrosion). A systems analysis approach was taken examine existing and future civilian vehicle decontamination capabilities.

  17. Input by insight. Implementation of renewable energy in 2050 taking into account macro-economical aspects and fitting-in options in sectors

    International Nuclear Information System (INIS)

    Van de Reepe, D.

    2001-11-01

    In the determination of the potential of renewable energy two factors are important: (1) macro-economical consequences for the Netherlands because of the use of renewable energy sources, and (2) the possibilities of renewable energy to fulfil the energy demands of the several sectors. The main question to be answered in this report is: What is the maximum quantity of renewable energy that can be realized in 2050? The answer will be expressed in the percentage of renewable energy in relation to the total secondary energy demand (excluding non-energetic use of energy carriers). The aim is, that 50% of the energy supply is produced by renewable energy sources. The quantity is eventually determined by the influence of these renewable energy options on the macro-economical position of the Netherlands and the extent to which renewable energy supply meets the energy demands of the several sectors. The macro-economical consequences are determined on the basis of the cost and sensitivities of the several renewable energy options in 2050. Subquestions to answer the main question concern energy demand, renewable energy options, multi-criteria analysis and contemplation. The energy demand in 2050 and the energy profiles of the sectoral energy demand of secondary energy carriers are determined. The renewable energy options, wind energy (onshore and offshore), bioenergy, photovoltaic energy and thermal solar energy, heat pumps and import of green electricity and biomass, are investigated on several factors: Maximal realizable potential; Cost (Cost reduction until 2050, Investment cost, O and M-cost and fuel cost, Total cost, Out of pocket cost); Need for energy storage and cost for fitting in the energy grid; Integration with other renewable energy sources; Availability in sectors; Sensitivity analysis. These data are used in a multi-criteria analysis with four quantitative criteria. The results of this multi-criteria analysis are combined with qualitative criteria with regard

  18. A review on technological options of waste to energy for effective management of municipal solid waste.

    Science.gov (United States)

    Kumar, Atul; Samadder, S R

    2017-11-01

    Approximately one-fourth population across the world rely on traditional fuels (kerosene, natural gas, biomass residue, firewood, coal, animal dung, etc.) for domestic use despite significant socioeconomic and technological development. Fossil fuel reserves are being exploited at a very fast rate to meet the increasing energy demands, so there is a need to find alternative sources of energy before all the fossil fuel reserves are depleted. Waste to energy (WTE) can be considered as a potential alternative source of energy, which is economically viable and environmentally sustainable. The present study reviewed the current global scenario of WTE technological options (incineration, pyrolysis, gasification, anaerobic digestion, and landfilling with gas recovery) for effective energy recovery and the challenges faced by developed and developing countries. This review will provide a framework for evaluating WTE technological options based on case studies of developed and developing countries. Unsanitary landfilling is the most commonly practiced waste disposal option in the developing countries. However, developed countries have realised the potential of WTE technologies for effective municipal solid waste management (MSWM). This review will help the policy makers and the implementing authorities involved in MSWM to understand the current status, challenges and barriers for effective management of municipal solid waste. This review concluded WTE as a potential renewable source of energy, which will partly meet the energy demand and ensure effective MSWM. Copyright © 2017 Elsevier Ltd. All rights reserved.

  19. An entry and exit model on the energy-saving investment strategy with real options

    International Nuclear Information System (INIS)

    Lin, Tyrone T.; Huang, S.-L.

    2010-01-01

    This paper presents an improved decision model based on the real options approach presented by for the firms that have not yet established energy-saving equipment under the entry and exit strategies. Furthermore, the proposed model takes account of the inevitable equipment renewal and the occurrence of unexpected events under the Poisson jump process. The timing for terminating an investment when continuous operations of that business are unprofitable is also explored to realize the optimal timing of implementing the energy-saving strategy. The future discounted benefit B follows the geometric Brownian motion with the Poisson jump process and the replacement of investment equipment. A numerical analysis is followed by a sensitivity study of various parameters to better realize their impacts on the entry and exit thresholds. The results show that for the jump case, the higher probability of occurrence of unfavorable events will result in a higher entry threshold and lower exit threshold. Investors are forced to request higher benefit thresholds to cover the higher probability of losses brought by unfavorable events.

  20. Gasohol and energy analysis

    Energy Technology Data Exchange (ETDEWEB)

    Johnson, M A

    1983-03-01

    Energy analysis contributed to the public debate on the gasohol programme in the U.S. where this analysis became a legal requirement. The published energy analyses for gasohol are reviewed and we assess their inherent assumptions and data sources. The analyses are normalised to S.I. units to faciltate comparisons. The process of rationalising the various treatments uncovered areas of uncertainties particularly in the methodologies which could be used to analyse some parts of the process. Although the definitive study has still to be written, the consensus is that maize to fuel ethanol via the traditional fermentation route is a net consumer of energy. (Refs. 13).

  1. Renewable and low-carbon energies as mitigation options of climate change for China

    NARCIS (Netherlands)

    Urban, F.; Benders, R. M. J.; Moll, H. C.

    This article discusses how renewable and low-carbon energies can serve as mitigation options of climate change in China's power sector. Our study is based on scenarios developed in PowerPlan, a bottom-up model simulating a countries' power sector and its emissions. We first adjusted the model to

  2. Energy conversion options for ARIES-III - A conceptual D-3He tokamak reactor

    International Nuclear Information System (INIS)

    Santarius, J.F.; Blanchard, J.P.; Emmert, G.A.; Sviatoslavsky, I.N.; Wittenberg, L.J.; Ghoneim, N.M.; Hasan, M.Z.; Mau, T.K.; Greenspan, E.; Herring, J.S.; Kernbichler, W.; Klein, A.C.; Miley, G.H.; Miller, R.L.; Peng, Y.K.M.

    1989-01-01

    The potential for highly efficient conversion of fusion power to electricity provides one motivation for investigating D- 3 He fusion reactors. This stems from: (1) the large fraction of D- 3 He power produced in the forms of charged particles and synchrotron radiation which are amenable to direct conversion, and (2) the low neutron fluence and lack of tritium breeding constraints, which increase design flexibility. The design team for a conceptual D- 3 He tokamak reactor, ARIES-III, has investigated numerous energy conversion options at a scoping level in attempting to realize high efficiency. The energy conversion systems have been studied in the context of their use on one or more of three versions of a D- 3 He tokamak: a first stability regime device, a second stability regime device, and a spherical torus. The set of energy conversion options investigated includes bootstrap current conversion, compression-expansion cycles, direct electrodynamic conversion, electrostatic direct conversion, internal electric generator, liquid metal heat engine blanket, liquid metal MHD, plasma MHD, radiation boiler, scrape-off layer thermoelectric, synchrotron radiation conversion by rectennas, synchrotron radiation conversion by thermal cycles, thermionic/AMTEC/thermal systems, and traveling wave conversion. The original set of options is briefly discussed, and those selected for further study are described in more detail. The four selected are liquid metal MHD, plasma MHD, rectenna conversion, and direct electrodynamic conversion. Thermionic energy conversion is being considered, and some options may require a thermal cycle in parallel or series. 17 refs., 3 figs., 1 tab

  3. Integrating experimental and numerical methods for a scenario-based quantitative assessment of subsurface energy storage options

    Science.gov (United States)

    Kabuth, Alina; Dahmke, Andreas; Hagrey, Said Attia al; Berta, Márton; Dörr, Cordula; Koproch, Nicolas; Köber, Ralf; Köhn, Daniel; Nolde, Michael; Tilmann Pfeiffer, Wolf; Popp, Steffi; Schwanebeck, Malte; Bauer, Sebastian

    2016-04-01

    second example, the option of seasonal hydrogen storage in a deep saline aquifer is considered. The induced thermal and hydraulic multiphase flow processes were simulated. Also, an integrative approach towards geophysical monitoring of gas presence was evaluated by synthetically applying these monitoring methods to the synthetic, however realistically defined numerical storage scenarios. Laboratory experiments provided parameterisations of geochemical effects caused by storage gas leakage into shallow aquifers in cases of sealing failure. Ultimately, the analysis of realistically defined scenarios of subsurface energy storage within the ANGUS+ project allows a quantification of the subsurface space claimed by a storage operation and its induced effects. Acknowledgments: This work is part of the ANGUS+ project (www.angusplus.de) and funded by the German Federal Ministry of Education and Research (BMBF) as part of the energy storage initiative "Energiespeicher".

  4. Comparing the Life Cycle Energy Consumption, Global Warming and Eutrophication Potentials of Several Water and Waste Service Options

    Directory of Open Access Journals (Sweden)

    Xiaobo Xue

    2016-04-01

    Full Text Available Managing the water-energy-nutrient nexus for the built environment requires, in part, a full system analysis of energy consumption, global warming and eutrophication potentials of municipal water services. As an example, we evaluated the life cycle energy use, greenhouse gas (GHG emissions and aqueous nutrient releases of the whole anthropogenic municipal water cycle starting from raw water extraction to wastewater treatment and reuse/discharge for five municipal water and wastewater systems. The assessed options included conventional centralized services and four alternative options following the principles of source-separation and water fit-for-purpose. The comparative life cycle assessment identified that centralized drinking water supply coupled with blackwater energy recovery and on-site greywater treatment and reuse was the most energy- and carbon-efficient water service system evaluated, while the conventional (drinking water and sewerage centralized system ranked as the most energy- and carbon-intensive system. The electricity generated from blackwater and food residuals co-digestion was estimated to offset at least 40% of life cycle energy consumption for water/waste services. The dry composting toilet option demonstrated the lowest life cycle eutrophication potential. The nutrients in wastewater effluent are the dominating contributors for the eutrophication potential for the assessed system configurations. Among the parameters for which variability and sensitivity were evaluated, the carbon intensity of the local electricity grid and the efficiency of electricity production by the co-digestion with the energy recovery process were the most important for determining the relative global warming potential results.

  5. Participatory groundwater management in Jordan: Development and analysis of options

    Science.gov (United States)

    Chebaane, Mohamed; El-Naser, Hazim; Fitch, Jim; Hijazi, Amal; Jabbarin, Amer

    Groundwater over-exploitation has been on the rise in Jordan. Competing demands have grown in the face of perennial water shortages, a situation which has been exacerbated by drought conditions in the past decade. This paper reports findings of a project in which management options to address over-exploitation were developed for one of Jordan's principal aquifer systems, the Amman-Zarqa Basin. Options for addressing the situation were developed through a participatory approach that involved government officials and various public and private sector interest groups. Particular efforts were made to involve well irrigators, who are likely to be heavily impacted by the changes required to reduce groundwater pumping to a sustainable level. With information obtained from a rapid appraisal survey as well as from interviews with farmers, community groups, government officials, and technical experts, an extensive set of options was identified for evaluation. Based on integrated hydrogeologic, social, and economic analysis, five complementary management options were recommended for implementation. These included the establishment of an Irrigation Advisory Service, buying out farm wells, placing firm limits on well ion and irrigated crop areas, exchanging treated wastewater for groundwater, and measures to increase the efficiency of municipal and industrial water use. Various combinations and levels of these options were grouped in scenarios, representing possible implementation strategies. The scenarios were designed to assist decision makers, well owners and other stakeholders in moving gradually towards a sustainable ion regime. Social and economic aspects of each option and scenario were analyzed and presented to stakeholders, together with a of legal, institutional and environmental ramifications. Combining scientific analysis with a participatory approach in the Amman Zarqa Basin groundwater management was devised as a prototype to be used in the management of other

  6. Energy saving measures in the Netherlands. Options to save 2% energy per year

    International Nuclear Information System (INIS)

    Daniels, B.W.; Van Dril, A.W.N.; Boerakker, Y.H.A.; Godfroij, P.; Van der Hilst, F.; Kroon, P.; Menkveld, M.; Seebregts, A.J.; Tigchelaar, C.; De Wilde, H.P.J.

    2006-12-01

    This study was commissioned by the Dutch Ministry of Economic Affairs in order to address the will of the parliament to investigate policies and measures in order to improve energy efficiency. The analysis is targeted at increasing the annual energy efficiency improvement in the Netherlands from 1% to 2%. It shows that the following policies and measures are necessary to achieve 2%. Regulation has been defined for improving energy efficiency in dwellings and commercial buildings, to be implemented when ownership changes. EU regulation is required for appliances, office equipment and cars, delivery vans and efficient tires. Financial incentives are added for the purchase of efficient cars, the reduction of mileage and for intra-European air transport. Taxation is suggested for industry, the energy sector and horticulture, where less efficient plants have to pay and efficient ones benefit. Total costs for the Dutch economy amount to 3.5 billion euros annually. Implementing the proposed policy packages will require a considerable effort of governments, citizens and companies to overcome societal barriers. In many cases, introduction of the necessary policies and measures depends on European legislation [nl

  7. Economic Analysis of Different Nuclear Fuel Cycle Options

    International Nuclear Information System (INIS)

    Ko, W.; Gao, F.

    2012-01-01

    An economic analysis has been performed to compare four nuclear fuel cycle options: a once-through cycle (OT), DUPIC recycling, thermal recycling using MOX fuel in a pressurized water reactor (PWR-MOX), and sodium fast reactor recycling employing pyro processing (Pyro-SFR). This comparison was made to suggest an economic competitive fuel cycle for the Republic of Korea. The fuel cycle cost (FCC) has been calculated based on the equilibrium material flows integrated with the unit cost of the fuel cycle components. The levelized fuel cycle costs (LFCC) have been derived in terms of mills/kWh for a fair comparison among the FCCs, and the results are as follows: OT 7.35 mills/kWh, DUPIC 9.06 mills/kWh, PUREX-MOX 8.94 mills/kWh, and Pyro-SFR 7.70 mills/kWh. Due to unavoidable uncertainties, a cost range has been applied to each unit cost, and an uncertainty study has been performed accordingly. A sensitivity analysis has also been carried out to obtain the break-even uranium price (215$/kgU) for the Pyro-SFR against the OT, which demonstrates that the deployment of the Pyro-SFR may be economical in the foreseeable future. The influence of pyro techniques on the LFCC has also been studied to determine at which level the potential advantages of Pyro-SFR can be realized.

  8. A real option analysis of investments in hydropower-The case of Norway

    International Nuclear Information System (INIS)

    Kjaerland, Frode

    2007-01-01

    This paper presents a valuation study of hydropower investment opportunities in the Norwegian context. According to NVE (Norwegian Water Resources and Energy Directorate, the regulator), there is a potential of 39 TWh not yet developed (generation in a normal year is approximately 120 TWh). By using the conceptual real option framework of Dixit and Pindyck [1994. Investment Under Uncertainty. Princeton University Press, Princeton, NJ] one can estimate the value of investment opportunities to NOK 11 million/GWh (EUR 1.4 million/GWh). Furthermore, the optimal trigger price for initiating an investment based on electricity forward prices is calculated to NOK 0.32/kWh (EUR 0.04/kWh). The analysis shows consistency between real option theory and aggregate investment behaviour in Norwegian hydropower

  9. Safety of timber : An analysis of quality control options

    NARCIS (Netherlands)

    Kovryga, A.; Stapel, P.; Van de Kuilen, J.W.G.

    2014-01-01

    The quality assurance of timber properties is important for the safety of timber structures. In the current study, the quality control options of timber are analysed under the prism of the different growth regions. Therefore, these options - machine and output control - are simulated in accordance

  10. Sustainablility of nuclear and non-nuclear energy supply options in Europe

    International Nuclear Information System (INIS)

    Kirchsteiger, C.

    2007-01-01

    In the course of the current discussion on promoting the economical competitiveness of sustainable energy systems, especially renewable and non-CO 2 -intensive ones, interest in nuclear energy has re-awakened in Europe (''nuclear renaissance''). This paper starts with presenting the concept of energy sustainability and its main elements. Next, an overview of the main results of sustainability assessments for different energy supply options (nuclear, fossil, renewables) covering full energy chains is given. Nuclear energy's typical strong and weak points are identified from a sustainability point of view. On the basis of these results, it is argued that more emphasis on nuclear energy's (very good) total cost performance, i.e. incl. externalities, rather than on its (very good) contribution to combating climate change would stronger benefit its ''renaissance''. Finally, the development of an overall EU-wide framework is proposed in order to assess the sustainability performance of alternative energy supply options, incl. nuclear, across their lifecycle and thus support decision making on developing sustainable energy mixes. (orig.)

  11. Requirements of Integrated Design Teams While Evaluating Advanced Energy Retrofit Design Options in Immersive Virtual Environments

    Directory of Open Access Journals (Sweden)

    Xue Yang

    2015-12-01

    Full Text Available One of the significant ways to save energy use in buildings is to implement advanced energy retrofits in existing buildings. Improving energy performance of buildings through advanced energy retrofitting requires a clear understanding of the cost and energy implications of design alternatives from various engineering disciplines when different retrofit options are considered. The communication of retrofit design alternatives and their energy implications is essential in the decision-making process, as it affects the final retrofit selections and hence the energy efficiency of the retrofitted buildings. The objective of the research presented here was to identify a generic list of information requirements that are needed to be shared and collectively analyzed by integrated design teams during advanced energy retrofit design review meetings held in immersive settings. While identifying such requirements, the authors used an immersive environment based iterative requirements elicitation approach. The technology was used as a means to better identify the information requirements of integrated design teams to be analyzed as a group. This paper provides findings on information requirements of integrated design teams when evaluating retrofit options in immersive virtual environments. The information requirements were identified through interactions with sixteen experts in design and energy modeling domain, and validated with another group of participants consisting of six design experts who were experienced in integrated design processes. Industry practitioners can use the findings in deciding on what information to share with integrated design team members during design review meetings that utilize immersive virtual environments.

  12. Potential and cost of clean development mechanism options in the energy sector. Inventory of options in non-Annex I countries to reduce GHG-emissions

    Energy Technology Data Exchange (ETDEWEB)

    Jansen, J.C.; Van der Linden, N.H.; Martens, J.W.; Ormel, F.; Van Rooijen, S.N.M. [ECN Policy Studies, Petten (Netherlands); Heaps, C.; Kartha, S.; Lazarus, M.; Ruth, M. [Stockholm Environment Institute SEI, Boston (United States); Lee, R.; Mendis, M. [Alternative Energy Development, Inc., Silver Spring (United States)

    1999-12-01

    An assessment is presented of the potential and cost of the Clean Development Mechanism as an instrument to partially meet the Greenhouse Gases emission limitation commitments of the Netherlands for the first budget period, 2008-2012. Information about the cost and emission reduction potential in the energy sector has been collected from national mitigation studies. In total, some 300 GHG emission reduction options in 24 non-Annex I countries have been collected Together, these countries account for two-thirds of current non-Annex I GHG emissions. The mitigation potential in non-Annex I countries is significant when compared with Annex I reduction requirements. The inventory of mitigation options suggests that an annual mitigation potential in the first budget period at costs up to 1990 USD 10/ton CO2 is approximately 1.7 Gt CO2 equivalents. However, this estimate should be viewed with caution, as the mitigation studies on which this estimate is based have been carried out as capacity-building exercises and they should not be viewed as definitive, technically rigorous, exhaustive, analysis of national GHG mitigation potential. 15 refs.

  13. Cost-effective design of ringwall storage hybrid power plants: A real options analysis

    International Nuclear Information System (INIS)

    Weibel, Sebastian; Madlener, Reinhard

    2015-01-01

    Highlights: • Economic viability, optimal size, and siting of a hybrid ringwall hydro power plant. • Real options analysis for optimal investment timing and stochastic storage volumes. • Stochastic PV and solar power production affects optimal size of the storage device. • Monte Carlo simulation is used for wind/solar power, el. price, and investment cost. • Numerical computations for two different hybrid ringwall storage plant scenarios. - Abstract: We study the economic viability and optimal sizing and siting of a hybrid plant that combines a ringwall hydro storage system with wind and solar power plants (ringwall storage hybrid power plant, RSHPP). A real options model is introduced to analyze the economics of an onshore RSHPP, and in particular of the varying storage volume in light of the stochastic character of wind and solar power, as well as the optimal investment timing under uncertainty. In fact, many uncertainties arise in such a project. Energy production is determined by the stochastic character of wind and solar power, and affects the optimal size of the storage device. Monte Carlo simulation is performed to analyze the following sources of uncertainty: (i) wind intensity and solar irradiation; (ii) future electricity price; and (iii) investment costs. The results yield the optimal size of the storage device; the energy market on which the operator should sell the electricity generated; numerical examples for two different RSHPP scenarios; and a real options model for analyzing the opportunity to defer the project investment and thus to exploit the value of waiting

  14. Sustainable energy provision: a comparative assessment of the various electricity supply options

    International Nuclear Information System (INIS)

    Voss, A.

    2000-01-01

    The provision of electricity is of central importance for economic growth and societal development. While numerous societal and economic benefits arise from the use of electricity, the production of electricity can also have negative impacts on the environment and the climate system. The commitment to sustainable development calls for the evaluation of the extent to which the different electricity supply options fulfill the sustainability criteria. The conceptual framework of Life Cycle Assessment (LCA) can provide a solid basis for a comparative assessment of different electricity supply options with regard to their environmental impacts, raw material requirements as well as their resulting external costs. Results of a comprehensive comparative assessment of nuclear energy and other electricity options are presented. (author)

  15. Multifractal analysis of implied volatility in index options

    Science.gov (United States)

    Oh, GabJin

    2014-06-01

    In this paper, we analyze the statistical and the non-linear properties of the log-variations in implied volatility for the CAC40, DAX and S& P500 daily index options. The price of an index option is generally represented by its implied volatility surface, including its smile and skew properties. We utilize a Lévy process model as the underlying asset to deepen our understanding of the intrinsic property of the implied volatility in the index options and estimate the implied volatility surface. We find that the options pricing models with the exponential Lévy model can reproduce the smile or sneer features of the implied volatility that are observed in real options markets. We study the variation in the implied volatility for at-the-money index call and put options, and we find that the distribution function follows a power-law distribution with an exponent of 3.5 ≤ γ ≤ 4.5. Especially, the variation in the implied volatility exhibits multifractal spectral characteristics, and the global financial crisis has influenced the complexity of the option markets.

  16. Energy and emission scenarios for China in the 21st century - exploration of baseline development and mitigation options

    International Nuclear Information System (INIS)

    Vuuren, Detlef van; Zhou Fengqi; Vries, Bert de; Jiang Kejun; Graveland, Cor; Li Yun

    2003-01-01

    In this paper, we have used the simulation model IMAGE/TIMER to develop a set of energy and emission scenarios for China between 1995 and 2100, based on the global baseline scenarios published by IPCC. The purpose of the study was to explore possible baseline developments and available options to mitigate emissions. The two main baseline scenarios of the study differ, among others, in the openness of the Chinese economy and in economic growth, but both indicate a rapid growth in carbon emissions (2.0% and 2.6% per year in the 2000-2050 period). The baseline scenario analysis also shows that an orientation on environmental sustainability can not only reduce other environmental pressures but also lower carbon emissions. In the mitigation analysis, a large number of options has been evaluated in terms of impacts on investments, user costs, fuel imports costs and emissions. It is found that a large potential exists to mitigate carbon emissions in China, among others in the form of energy efficiency improvement (with large co-benefits) and measures in the electricity sector. Combining all options considered, it appears to be possible to reduce emissions compared to the baseline scenarios by 50%

  17. A Cost Analysis of Kidney Replacement Therapy Options in Palestine

    Directory of Open Access Journals (Sweden)

    Mustafa Younis Ph.D.

    2015-03-01

    Full Text Available This study provides a cost analysis of kidney replacement therapy options in Palestine. It informs evidence-based resource allocation decisions for government-funded kidney disease services where transplant donors are limited, and some of the common modalities, i.e., peritoneal dialysis (PD and home hemodialysis (HD, are not widely available due to shortages of qualified staff, specialists, and centers to follow the patient cases, provide training, make home visits, or provide educational programs for patients. The average cost of kidney transplant was US$16 277 for the first year; the estimated cost of HD per patient averaged US$16 085 per year—nearly as much as a transplant. Consistent with prior literature and experience, while live, related kidney donors are scarce, we found that kidney transplant was more adequate and less expensive than HD. These results have direct resource allocation implications for government-funded kidney disease services under Palestinian Ministry of Health. Our findings strongly suggest that investing in sufficient qualified staff, equipment, and clinical infrastructure to replace HD services with transplantation whenever medically indicated and suitable kidney donors are available, as well as deploying PD programs and Home HD programs, will result in major overall cost savings. Our results provide a better understanding of the costs of kidney disease and will help to inform Ministry of Health and related policy makers as they develop short- and long-term strategies for the population, in terms of both cost savings and enhanced quality of life.

  18. Used fuel rail shock and vibration testing options analysis

    Energy Technology Data Exchange (ETDEWEB)

    Ross, Steven B. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Best, Ralph E. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Klymyshyn, Nicholas A. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Jensen, Philip J. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Maheras, Steven J. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States)

    2014-09-25

    The objective of the rail shock and vibration tests is to complete the framework needed to quantify loads of fuel assembly components that are necessary to guide materials research and establish a technical basis for review organizations such as the U.S. Nuclear Regulatory Commission (NRC). A significant body of experimental and numerical modeling data exists to quantify loads and failure limits applicable to normal conditions of transport (NCT) rail transport, but the data are based on assumptions that can only be verified through experimental testing. The test options presented in this report represent possible paths for acquiring the data that are needed to confirm the assumptions of previous work, validate modeling methods that will be needed for evaluating transported fuel on a case-by-case basis, and inform material test campaigns on the anticipated range of fuel loading. The ultimate goal of this testing is to close all of the existing knowledge gaps related to the loading of used fuel under NCT conditions and inform the experiments and analysis program on specific endpoints for their research. The options include tests that would use an actual railcar, surrogate assemblies, and real or simulated rail transportation casks. The railcar carrying the cradle, cask, and surrogate fuel assembly payload would be moved in a train operating over rail track modified or selected to impart shock and vibration forces that occur during normal rail transportation. Computer modeling would be used to help design surrogates that may be needed for a rail cask, a cask’s internal basket, and a transport cradle. The objective of the design of surrogate components would be to provide a test platform that effectively simulates responses to rail shock and vibration loads that would be exhibited by state-of-the-art rail cask, basket, and/or cradle structures. The computer models would also be used to help determine the placement of instrumentation (accelerometers and strain gauges

  19. The need and possible options for the use of renewable energy in Estonia

    International Nuclear Information System (INIS)

    Merdikes, M.; Kivistik, J.

    2002-01-01

    The decrease in fossil fuel and the environmental problems arising from their burning force the mankind to change the structure of energy production. In the Estonian primary energy balance of renewable natural resources wood and peat are on the first place with the percentage of ca 11%. Wind, water and solar energy have not up till now been widely used in Estonia. The foundation of a wind plant and the construction of bioenergy boiler plants are promising from the financial point of view. For the feedstock of bioenergy production, waste from logging and timber industry, energy fast-growing trees and grasses, bulrush and biogas produced by fermentation of organic matter, could be used. One of the options is to produce energy field crops - rape and turnip rape. The authors hope that this paper will emphasise the importance of conducting more extensive research of renewable energy resources and the introduction of such projects. (author)

  20. Optimizing the Level of Renewable Electric R&D Expenditures Using Real Options Analysis

    Energy Technology Data Exchange (ETDEWEB)

    Davis, G.; Owens, B.

    2003-02-01

    One of the primary objectives of the United States' federal non-hydro renewable electric R&D program is to promote the development of technologies that have the potential to provide consumers with stable and secure energy supplies. In order to quantify the benefits provided by continued federal renewable electric R&D, this paper uses ''real option'' pricing techniques to estimate the value of renewable electric technologies in the face of uncertain fossil fuel prices. Within the real options analysis framework, the current value of expected future supply from renewable electric technologies, net of federal R&D expenditures, is estimated to be $30.6 billion. Of this value, 86% can be attributed to past federal R&D efforts, and 14% can be attributed to future federal R&D efforts, assuming continued federal R&D funding at $300 million/year. In addition, real options analysis shows that the value of renewable electric technologies increases as current and future R&D funding levels increase. This indicates that the current level of federal renewable electric R&D funding is sub-optimal low.

  1. Incorporating externalities in the assessment of different energy options for electricity production

    International Nuclear Information System (INIS)

    Jacomino, Vanusa Maria Feliciano; Souza, Jair Albo Marques de; Grynberg, Suely Epsztein; Aronne, Ivan Dionysio

    2002-01-01

    The production of electricity considering its full chain cycle arises major local, regional and global environmental impacts. This fact and the need of several countries to establish energy plans for the next decades and also the recognition that environmental issues are playing important role in the decision-making process justify the interest in appropriate and comprehensive methodologies and tools to deal with this matter, to be applied mainly in the power sector. The main aim of the present investigation was the implementation and application of a simplified methodology based on the impact pathway (or damage function) approach which is being proposed by International Atomic Energy Agency (IAEA) for the estimation of externalities arising from the full chain cycle of different energy sources for electricity production in its Member States. The externalities arising from different options, including coal, oil, gas and nuclear, were estimated. A computer model based on the optimization of non-linear functions was used as a support tool for decision-making in the power sector. Taking into consideration the externalities from the air emissions of different options, nuclear power is the best solution even taking into consideration the effects of high consequence/low probability accidents. It should be noted that this investigation is not only being used to implement an environmental database, but also in enhancing the Brazilian capability in evaluating the different energy options for electricity production in the framework of sustainable development. (author)

  2. Technological options for management of hazardous wastes from US Department of Energy facilities

    Energy Technology Data Exchange (ETDEWEB)

    Chiu, S.; Newsom, D.; Barisas, S.; Humphrey, J.; Fradkin, L.; Surles, T.

    1982-08-01

    This report provides comprehensive information on the technological options for management of hazardous wastes generated at facilities owned or operated by the US Department of Energy (DOE). These facilities annually generate a large quantity of wastes that could be deemed hazardous under the Resource Conservation and Recovery Act (RCRA). Included in these wastes are liquids or solids containing polychlorinated biphenyls, pesticides, heavy metals, waste oils, spent solvents, acids, bases, carcinogens, and numerous other pollutants. Some of these wastes consist of nonnuclear hazardous chemicals; others are mixed wastes containing radioactive materials and hazardous chemicals. Nearly 20 unit processes and disposal methods are presented in this report. They were selected on the basis of their proven utility in waste management and potential applicability at DOE sites. These technological options fall into five categories: physical processes, chemical processes, waste exchange, fixation, and ultimate disposal. The options can be employed for either resource recovery, waste detoxification, volume reduction, or perpetual storage. Detailed descriptions of each technological option are presented, including information on process performance, cost, energy and environmental considerations, waste management of applications, and potential applications at DOE sites. 131 references, 25 figures, 23 tables.

  3. Technological options for management of hazardous wastes from US Department of Energy facilities

    International Nuclear Information System (INIS)

    Chiu, S.; Newsom, D.; Barisas, S.; Humphrey, J.; Fradkin, L.; Surles, T.

    1982-08-01

    This report provides comprehensive information on the technological options for management of hazardous wastes generated at facilities owned or operated by the US Department of Energy (DOE). These facilities annually generate a large quantity of wastes that could be deemed hazardous under the Resource Conservation and Recovery Act (RCRA). Included in these wastes are liquids or solids containing polychlorinated biphenyls, pesticides, heavy metals, waste oils, spent solvents, acids, bases, carcinogens, and numerous other pollutants. Some of these wastes consist of nonnuclear hazardous chemicals; others are mixed wastes containing radioactive materials and hazardous chemicals. Nearly 20 unit processes and disposal methods are presented in this report. They were selected on the basis of their proven utility in waste management and potential applicability at DOE sites. These technological options fall into five categories: physical processes, chemical processes, waste exchange, fixation, and ultimate disposal. The options can be employed for either resource recovery, waste detoxification, volume reduction, or perpetual storage. Detailed descriptions of each technological option are presented, including information on process performance, cost, energy and environmental considerations, waste management of applications, and potential applications at DOE sites. 131 references, 25 figures, 23 tables

  4. Policy options when giving negative externalities market value. Clean energy policymaking and restructuring the Western Australian energy sector

    International Nuclear Information System (INIS)

    McHenry, Mark

    2009-01-01

    Uncertainty surrounds the choice of instruments that internalise fossil-fuel pollution at the local, regional and global level. This work outlines the considerable growth in the Western Australian (WA) energy sector and explores the available options and potential hazards of using specific instruments to internalise externalities. These core options are discussed with respect to liberalising energy markets, providing private investment certainty, and imparting commentary on the developments and consequences of reform in the WA context. As a large energy exporter, providing certainty for the WA energy sector investment and the community is necessary to maintain the current prosperity. Remarkably, in the decades of market reform progress, the absence of one essential element is evident: economic externalities. Policymakers are under increasing pressure to understand economic reform, new energy markets and the multifaceted repercussions they entail. With modern energy reform sitting squarely within the milieu of more efficient governments and climate policy, there are clear economic advantages to internalising negative and positive externalities and other market distortions during energy market developments. Ignoring market failures when commercialising government-owned energy utilities in de-regulated and competitive markets invites continued ad-hoc government interference that generates investment uncertainty in addition to a perplexed electorate. (author)

  5. Risk management with substitution options: Valuing flexibility in small-scale energy systems

    Science.gov (United States)

    Knapp, Karl Eric

    Several features of small-scale energy systems make them more easily adapted to a changing operating environment than large centralized designs. This flexibility is often manifested as the ability to substitute inputs. This research explores the value of this substitution flexibility and the marginal value of becoming a "little more flexible" in the context of real project investment in developing countries. The elasticity of substitution is proposed as a stylized measure of flexibility and a choice variable. A flexible alternative (elasticity > 0) can be thought of as holding a fixed-proportions "nflexible" asset plus a sequence of exchange options---the option to move to another feasible "recipe" each period. Substitutability derives value from following a contour of anticipated variations and from responding to new information. Substitutability value, a "cost savings option", increases with elasticity and price risk. However, the required premium to incrementally increase flexibility can in some cases decrease with an increase in risk. Variance is not always a measure of risk. Tools from stochastic dominance are newly applied to real options with convex payoffs to correct some misperceptions and clarify many common modeling situations that meet the criteria for increased variance to imply increased risk. The behavior of the cost savings option is explored subject to a stochastic input price process. At the point where costs are identical for all alternatives, the stochastic process for cost savings becomes deterministic, with savings directly proportional to elasticity of substitution and price variance. The option is also formulated as a derivative security via dynamic programming. The partial differential equation is solved for the special case of Cobb-Douglas (elasticity = 1) (also shown are linear (infinite elasticity), Leontief (elasticity = 0)). Risk aversion is insufficient to prefer a more flexible alternative with the same expected value. Intertemporal

  6. Economic, energy and greenhouse emissions impacts of some consumer choice, technology and government outlay options

    International Nuclear Information System (INIS)

    Lenzen, Manfred; Dey, Christopher J.

    2002-01-01

    The impacts of selected spending options in the Australian economy are determined in terms of energy consumption, greenhouse gas emissions and a range of economic parameters. Six case studies of one current-practice and one alternative, environmentally motivated spending option are carried out, describing consumer choices, technologies and government outlays. The assessment method is based on input-output theory and, as such, enables both the direct and indirect effects of spending to be quantified. In general, the results indicate that pro-environmental objectives, such as reductions in energy consumption and greenhouse gas emissions, are compatible with broad socio-economic benefits, such as increases in employment and income, and reductions in imports

  7. Meeting world energy needs. The economic and environmental aspects of the nuclear option

    International Nuclear Information System (INIS)

    Ward, D.P.; Chalpin, D.M.

    1994-01-01

    Tabulated capital, operating, and overall production costs for nuclear, coal, and gas-fuelled power show that nuclear power is a viable option for meeting the world's energy needs. The advantage of nuclear, otherwise limited to certain markets, is seen to be much greater when credit is taken for environmental factors, namely emissions of carbon dioxide and acidic gases by fossil-fuelled plants. 5 figs

  8. Options for shallow geothermal energy for horticulture; Kansen voor Ondiepe Geothermie voor de glastuinbouw

    Energy Technology Data Exchange (ETDEWEB)

    Hellebrand, K. [IF-Technology, Arnhem (Netherlands); Post, R.J. [DLV glas en energie, Naaldwijk (Netherlands); In ' t Groen, B. [KEMA, Arnhem (Netherlands)

    2012-06-15

    Geothermal energy is too expensive to serve as energy supply for most horticultural entrepreneurs. Therefore, research has been carried out into options to use heat from more shallow layers (shallow geothermal energy). Unlike shallow geothermal energy deep geothermal energy can be applied on a smaller scale, possibly also for individual growers. It can be applied in combination with an existing heating system, but with a more sustainable outcome. Because drilling is done in shallow layers, drilling costs and financial risks are lower [Dutch] Geothermie is voor de meeste tuinbouwondernemers teduur om als energievoorziening te dienen. Daarom is onderzoek gedaan naar mogelijkheden om warmte te gebruiken uit ondiepere lagen (ondiepe geothermie). In tegenstelling tot diepe geothermie is ondiepe geothermie op kleinere schaal toepasbaar, mogelijk ook voor individuele kwekers. Het kan in combinatie met de bestaande verwarmingsinstallatie worden ingezet maar met een duurzamer resultaat. Omdat ondieper wordt geboord zijn de boorkosten en de financiele risico's lager.

  9. U. K. surface passenger transport sector. Energy consumption and policy options for conservation

    Energy Technology Data Exchange (ETDEWEB)

    Maltby, D; Monteath, I G; Lawler, K A

    1978-12-01

    Forecasts of U.K. energy consumption in this sector for four future scenarios based on different economic growth rates, energy prices, and energy conservation policies, show that by the year 2000, private transport will probably account for 76-94% of total energy consumption in surface passenger transport. A 33% increase in the average miles-per-gallon fuel consumption through technological improvements in private vehicles, conversion of private vehicles to diesel oil, additional fuel taxation equivalent to 25 or 50% fuel price increase, a 10% reduction in average car engine size (encouraged by taxation), and changes in public transport technology offer energy savings of about 20, 5-10, 6.3 or 12.5, 2-4, and 2%, respectively. There is considerable uncertainty about the outcome of these options.

  10. New options for developing of nuclear energy using an accelerator-driven reactor

    International Nuclear Information System (INIS)

    Takahashi, Hiroshi.

    1997-01-01

    Fissile fuel can be produced at a high rate using an accelerator-driven Pu-fueled subcritical fast reactor. Thus, the necessity of early introduction of the fast reactor can be moderated. High reliability of the proton accelerator, which is essential to implementing an accelerator-driven reactor in the nuclear energy field can be achieved by a slight extension of the accelerator's length, with only a small economical penalty. Subcritical operation provides flexible nuclear energy options including high neutron economy producing the fuel, transmuting high-level wastes, such as minor actinides, and of converting efficiently the excess Pu and military Pu into proliferation-resistant fuel

  11. A Methodology for Comparative Assessment of Energy Options: The Case of Mexico

    International Nuclear Information System (INIS)

    Martin-del-Campo, Cecilia; Francois, Juan-Luis

    2008-01-01

    This paper presents the development of a methodology to measure the sustainability of alternatives for electricity generation. It is based on the evaluation of indicators in three dimensions of sustainability. No single technology exhibited superior performance on the basis of all indicators and it was necessary the application of a method to make the aggregation of all the indicators, taking into account the relative importance in the decision. In this study, a fuzzy logic inference system was developed to build a decision function that depends on all the indicators. The purpose is to rank the energy options in terms of economic, environmental and social sustainability. All the decision elements are combined and integrated in an inference logic system that takes into account weights of different indicators. The methodology was applied to evaluate the sustainability of nuclear, wind, natural gas, coal, hydro and oil technologies under Mexican conditions. When only the economic dimension is considered nuclear is the best option, if the environmental dimension is also considered the nuclear option is the best alternative too. When the social dimension is also taken into account the nuclear option is the worst. These results are obtained using the same weight to each dimension to accomplish with the equilibrium principle of the sustainability. (authors)

  12. The long term challenges of energy management: keeping all options open

    International Nuclear Information System (INIS)

    Moisan, F.

    2003-01-01

    Before the end of the 21. century, the global energy sector will need to face up to two challenges: climate warming due to greenhouse gas emissions and the increasing scarcity of traditional hydrocarbons. The likely scenarios expected by 2030 demonstrate that we are in the process of witnessing strong growth in the consumption of energy and in CO 2 emissions while at the same time climate experts warn us that we need to achieve a 75 % reduction of emissions in the industrialized nations by 2050. Several technological options may be envisaged in order to meet these challenges including a view generation nuclear power, renewable energy, the storage of carbon dioxide or managing energy consumption, and we need to keep all options open because none of these alone can solve all the problems. The time required for technologies to emerge following research and their penetration into the marketplace can often be several decades. The 2050 deadline is therefore not so at away and we need to stem and reverse the growth in demand from today onwards, something we should da without any misgivings when we consider the considerable uncertainties surrounding supply-side technologies. This profound transformation of our production and consumption methods also involves a change in our lifestyle and our behaviour: our efforts in the field of technological development must be accompanied by a commitment by all citizens to creating a more rational society where energy is concerned. (author)

  13. Energy saving in energy market reform—The feed-in tariffs option

    International Nuclear Information System (INIS)

    Eyre, Nick

    2013-01-01

    The use of feed-in tariffs (FITs) is now widespread for renewable energy and under discussion for other low carbon electricity generation, but not for energy efficiency. There is a small literature on FITs for electricity demand reduction, but not energy efficiency more generally. This paper considers the general application of FITs on the demand side and sets out the economic arguments in the context of changing energy markets. It then discusses the implications of some practical issues, including the definitional problems arising from the difference between energy efficiency and demand reduction. Using experience from historical energy efficiency programmes, it considers the public benefits, payment methods and policy scope that need to be considered and how these might affect policy design. It makes some provisional estimates of economically justified payments in the context of the proposed UK energy market reform. It concludes that FITs for energy saving might be a powerful tool for incentivising energy efficiency. - Highlights: ► The concept of an energy saving feed-in tariff (ESFIT) is introduced and analysed. ► ESFITs are potentially an alternative to supplier energy efficiency obligations. ► To maximise effectiveness, ESFITs should be paid as capital grants. ► ESFITs are justifiable if there are premium prices for low carbon generation. ► Higher rates of ESFIT may be justified to overcome barriers to energy efficiency.

  14. New perspective of real options theory for policy analysis

    NARCIS (Netherlands)

    Sadowski, B.M.

    2007-01-01

    In deze Reflectie geeft Sadowski een alternatief, of eigenlijk een aanvulling op de KBA, vanuit de real options theory, zoals die ook in de financiële sector gebruikt wordt. Het idee is dat er in dynamische markten veel ontwikkelingen zijn: technologisch, een markt in beweging of industriële

  15. Lifecycle analysis of different urban transport options for Bangladesh

    International Nuclear Information System (INIS)

    Hossain, Ijaz; Guelen, Guercan

    2007-01-01

    Once again, sustained high oil prices are forcing policy makers in oil importing countries to consider alternatives to oil products as transportation fuels. Unlike in the past, advancements in technology, relative success of some experiments and increased familiarity among and acceptance by the public of some alternatives indicate a higher likelihood of success. In particular, natural gas offers a couple of the best options as compressed natural gas (CNG) and chemical conversion of natural gas into diesel (gas-to-liquids, GTL). These options are likely to be most attractive in countries that have cheap access to natural gas. We compare lifetime costs of several individual transportation options for Bangladesh, an oil importer with natural gas reserves. The results are then used to inform the natural gas policy debate in the country. Assuming a natural gas price of 1.5 per million Btu, both the CNG and GTL options are competitive with conventional gasoline/diesel cars if the oil price stays higher than 35-40 per barrel. If natural gas price increases after new upstream developments, CNG becomes less attractive while GTL remains competitive up to 2.5 if capital costs of GTL facilities decline as expected. Under a government policy push (lower discounting), the breakeven price of oil falls to 30-35 per barrel. (author)

  16. Energy-Water Modeling and Analysis | Energy Analysis | NREL

    Science.gov (United States)

    Generation (ReEDS Model Analysis) U.S. Energy Sector Vulnerabilities to Climate Change and Extreme Weather Modeling and Analysis Energy-Water Modeling and Analysis NREL's energy-water modeling and analysis vulnerabilities from various factors, including water. Example Projects Renewable Electricity Futures Study

  17. Results of a Global Survey on International Biomass Trade for Energy: Opportunities, Risks and Policy Options

    OpenAIRE

    Pelkmans, L.; Van Dael, Miet; Del Campo, I.; Sanchez, D.; Rutz, D.; Janssen, R.; Junginger, M.; Mai-Moulin, T.; Iriarte, L.; Diaz-Chavez, R.; Elbersen, B.; Nabuurs, G.J.; Elbersen, W.

    2016-01-01

    European targets set by 2020 in the Climate and Energy package and the Renewable Energy Directive (2009/28/EC) will require a serious increase in biomass demand for energy purposes. The analysis of the data reported by the Member States in their National Renewable Energy Action Plans (NREAP) shows that biomass is expected to contribute more than half of the 20% renewable objective of the gross final energy consumption. However the data provided and trade statistics have revealed that the quan...

  18. Nuclear energy option for energy security and sustainable development in India

    International Nuclear Information System (INIS)

    Mallah, Subhash

    2011-01-01

    India is facing great challenges in its economic development due to the impact on climate change. Energy is the important driver of economy. At present Indian energy sector is dominated by fossil fuel. Due to international pressure for green house gas reduction in atmosphere there is a need of clean energy supply for energy security and sustainable development. The nuclear energy is a sustainable solution in this context to overcome the environmental problem due to fossil fuel electricity generation. This paper examines the implications of penetration of nuclear energy in Indian power sector. Four scenarios, including base case scenario, have been developed using MARKAL energy modeling software for Indian power sector. The least-cost solution of energy mix has been measured. The result shows that more than 50% of the electricity market will be captured by nuclear energy in the year 2045. This ambitious goal can be expected to be achieved due to Indo-US nuclear deal. The advanced nuclear energy with conservation potential scenario shows that huge amounts of CO 2 can be reduced in the year 2045 with respect to the business as usual scenario.

  19. Energy Analysis News | Energy Analysis | NREL

    Science.gov (United States)

    January 9, 2018 News Release: Multi-model Effort Highlights Progress, Future Needs in Renewable Energy Accurately Calculates Degradation Rates, Saving Money and Guiding Business Decisions A new software package that examined how to plan for future large-scale integration of solar photovoltaic (PV) generation on

  20. ACCIDENT ANALYSES & CONTROL OPTIONS IN SUPPORT OF THE SLUDGE WATER SYSTEM SAFETY ANALYSIS

    Energy Technology Data Exchange (ETDEWEB)

    WILLIAMS, J.C.

    2003-11-15

    This report documents the accident analyses and nuclear safety control options for use in Revision 7 of HNF-SD-WM-SAR-062, ''K Basins Safety Analysis Report'' and Revision 4 of HNF-SD-SNF-TSR-001, ''Technical Safety Requirements - 100 KE and 100 KW Fuel Storage Basins''. These documents will define the authorization basis for Sludge Water System (SWS) operations. This report follows the guidance of DOE-STD-3009-94, ''Preparation Guide for US. Department of Energy Nonreactor Nuclear Facility Safety Analysis Reports'', for calculating onsite and offsite consequences. The accident analysis summary is shown in Table ES-1 below. While this document describes and discusses potential control options to either mitigate or prevent the accidents discussed herein, it should be made clear that the final control selection for any accident is determined and presented in HNF-SD-WM-SAR-062.

  1. Energy in transition: a report on energy policy and future options

    Energy Technology Data Exchange (ETDEWEB)

    Loennroth, M; Steen, P; Johansson, T B

    1977-01-01

    This publication sums up reports published to create a conceptual background for analyzing Swedish long-term energy policy. Swedish energy policy--today, yesterday, tomorrow--is discussed in Chapter 1. Oil being supplemented now and replaced later is discussed in Chapter 2. Chapter 3 identifies the main alternatives: breeder reactors, coal, and renewable energy sources, i.e., solar energy. The alternatives possess varying characteristics and the supply of energy from these sources must fit into the pattern of energy use. Because of long lead times for development, Chapter 4 discusses the risks of getting rigidly committed and the chances of maintaining and creating freedom of action, so that none of the alternatives disappears unintentionally. Freedom of action has its limits, which mainly lie on three levels: the interaction of energy policy with other political goals; technical properties of the energy system; and characteristics of the economic and social system of rules in which the energy issues are to be found. Some conceivable conflicts over political goals are discussed in chapter 5, which takes up the relations between energy consumption on the one hand and, on the other hand, economic growth, environmental protection, geographic structure, foreign policy, etc. Technical limits to freedom of action are the subject of Chapter 6, which is chiefly concerned with the importance of energy quality and the energy carriers. Organizational and institutional limits to freedom of action are discussed in Chapter 7, taking as example the development of the electric sector in Sweden. The main conclusions are given in Chapter 8. (MCW)

  2. ECONOMIC ANALYSIS OF SELECTED OPTIONS OF STRAW USE DEPENDING ON HARVESTING TECHNOLOGY

    Directory of Open Access Journals (Sweden)

    Lukasz KUTA

    2014-10-01

    Full Text Available Post-harvest straw deserves particular attention among agricultural raw materials. It can be intended for sale, applied as litter material in animal husbandry or used in field fertilization. To a lesser extent it can be used for fodder production, covering mounds of roots and tubers and the production of insulation materials in horticulture and building construction. Using surplus straw directly for energy generation, including production of pellets and briquettes, should also be considered rational. Several applications were analyzed. The main purpose of the research is to determine the profitability level of winter wheat cultivation and of energy use of the straw obtained. Among others, they included situations in which obtained straw was used in the production of pellets, in fertilization after prior grinding and mixing with manure or used for direct sale. For our calculations, the costs/ha of wheat cultivation and then straw collection were estimated. The comparative analysis of various options of wheat straw utilization shows the highest profitability in the option of selling the straw and mineral fertilization.

  3. Multirole cargo aircraft options and configurations. [economic analysis

    Science.gov (United States)

    Conner, D. W.; Vaughan, J. C., III

    1979-01-01

    A future requirements and advanced market evaluation study indicates derivatives of current wide-body aircraft, using 1980 advanced technology, would be economically attractive through 2008, but new dedicated airfreighters incorporating 1990 technology, would offer little or no economic incentive. They would be economically attractive for all payload sizes, however, if RD and T costs could be shared in a joint civil/military arrangement. For the 1994-2008 cargo market, option studies indicate Mach 0.7 propfans would be economically attractive in trip cost, aircraft price and airline ROI. Spanloaders would have an even lower price and higher ROI but would have a relatively high trip cost because of aerodynamic inefficiencies. Dedicated airfreighters using propfans at Mach 0.8 cruise, laminar flow control, or cryofuels, would not provide any great economic benefits. Air cushion landing gear configurations are identified as an option for avoiding runway constraints on airport requirements and/or operational constraints are noted.

  4. Preliminary Analysis of Helicopter Options to Support Tunisian Counterterrorism Operations

    Science.gov (United States)

    2016-04-27

    helicopters from Sikorsky to fulfill a number of roles in counterterrorism operations. Rising costs and delays in delivery raised the question of...whether other cost-effective options exist to meet Tunisia’s helicopter requirement. Approach Our team conducted a preliminary assessment of...alternative helicopters for counterterrorism air assault missions. Any decision to acquire an aircraft must consider many factors, including technical

  5. ENVI Model Development for Korean Nuclear Spent Fuel Options Analysis

    Energy Technology Data Exchange (ETDEWEB)

    Chang, Sunyoung; Jeong, Yon Hong; Han, Jae-Jun; Lee, Aeri; Hwang, Yong-Soo [Korea Institute of Nuclear Nonproliferation and Control, Daejeon (Korea, Republic of)

    2015-10-15

    The disposal facility of the spent nuclear fuel will be operated from 2051. This paper presents the ENVI code developed by GoldSim Software to simulate options for managing spent nuclear fuel (SNF) in South Korea. The ENVI is a simulator to allow decision-makers to assist to evaluate the performance for spent nuclear fuel management. The multiple options for managing the spent nuclear fuel including the storage and transportation are investigated into interim storage, permanent disposal in geological repositories and overseas and domestic reprocessing. The ENVI code uses the GoldSim software to simulate the logistics of the associated activities. The result by the ENVI model not only produces the total cost to compare among the multiple options but also predict the sizes and timings of different facilities required. In order to decide the policy for spent nuclear management this purpose of this paper is to draw the optimum management plan to solve the nuclear spent fuel issue in the economical aspects. This paper is focused on the development of the ENVI's logic and calculations to simulate four options(No Reprocessing, Overseas Reprocessing, Domestic Reprocessing, and Overseas and Domestic Reprocessing) for managing the spent nuclear fuel in South Korea. The time history of the spent nuclear fuel produced from both the existing and future NPP's can be predicted, based on the Goldsim software made available very user friendly model. The simulation result will be used to suggest the strategic plans for the spent nuclear fuel management.

  6. Analysis of international practice patterns regarding postvasectomy fertility options.

    Science.gov (United States)

    Blach, Ola; Shridharani, Anand N; Sandlow, Jay I

    2014-05-01

    To review the management of postvasectomy fertility options by urologists with vs without andrology fellowship and compare the features of practice in the USA vs UK. We conducted an audit of all American Urological Association-affiliated urologists regarding their practice in managing men requesting vasectomy reversal (VR). Standards of practice were assessed against 10 index parameters deemed, by 1 UK study, to reflect best practice. Fisher exact test was used to test the hypothesis that management of postvasectomy fertility options and practice of VR are no different when undertaken by urologists with vs without andrology training and no different in the USA vs UK. Three hundred twenty-five of 645 US respondents (50.4%) practiced VR vs 178 of 213 (83.6%) in the UK; only 11.9% in the US and 10% in the UK performed >25 and >15 (P <.0001) VR/year, respectively. Compared with the UK urologists the US urologists offered more detailed information on all fertility options and/or outcomes, used microsurgical techniques more often, but less frequently counseled couples together, and referred patients to specialist centers for in vitro fertilization with intracytoplasmic sperm injection (P <.0001-.05). Only 74 of the US and 61 of the UK urologists were fellowship-trained in andrology. Most non-fellowship-trained urologists, in both the countries, performed <5 VR/year and were, statistically, significantly less likely to counsel couples about all fertility options, be conversant in in vitro fertilization with intracytoplasmic sperm injection, provide individualized outcomes data, and use microsurgical techniques (P <.0001-.05). Significant differences exist in the standards of practice between both the US and UK urologists performing VR. Concordance with the indices of "best practice" improves with andrology training and increasing number of procedures performed. Copyright © 2014 Elsevier Inc. All rights reserved.

  7. ENVI Model Development for Korean Nuclear Spent Fuel Options Analysis

    International Nuclear Information System (INIS)

    Chang, Sunyoung; Jeong, Yon Hong; Han, Jae-Jun; Lee, Aeri; Hwang, Yong-Soo

    2015-01-01

    The disposal facility of the spent nuclear fuel will be operated from 2051. This paper presents the ENVI code developed by GoldSim Software to simulate options for managing spent nuclear fuel (SNF) in South Korea. The ENVI is a simulator to allow decision-makers to assist to evaluate the performance for spent nuclear fuel management. The multiple options for managing the spent nuclear fuel including the storage and transportation are investigated into interim storage, permanent disposal in geological repositories and overseas and domestic reprocessing. The ENVI code uses the GoldSim software to simulate the logistics of the associated activities. The result by the ENVI model not only produces the total cost to compare among the multiple options but also predict the sizes and timings of different facilities required. In order to decide the policy for spent nuclear management this purpose of this paper is to draw the optimum management plan to solve the nuclear spent fuel issue in the economical aspects. This paper is focused on the development of the ENVI's logic and calculations to simulate four options(No Reprocessing, Overseas Reprocessing, Domestic Reprocessing, and Overseas and Domestic Reprocessing) for managing the spent nuclear fuel in South Korea. The time history of the spent nuclear fuel produced from both the existing and future NPP's can be predicted, based on the Goldsim software made available very user friendly model. The simulation result will be used to suggest the strategic plans for the spent nuclear fuel management

  8. Nuclear energy-an essential option for sustainable development of global economy

    International Nuclear Information System (INIS)

    Tokio Kanoh

    2005-01-01

    Increased use of nuclear energy is an essential option for us to take the sustainable development of the global economy. The reasons are as follows: 1. Energy demand, especially in oil demand; 2. Environmental impact, especially greenhouse effect and carbon dioxide emissions, CO 2 emissions to be reduced 40% by increased use of nuclear power; 3. In the era of hydrogen, nuclear power can contribute in two ways. One is hydrogen production by electrolysis of water in conventional light water reactors powered by less costly late night electricity and the other by paralysis using high temperature gas produced in a high temperature testing reactor, Electric power consumption will increase 50% from 1990 to 2050. What is striking about his projection is types of fuels in use for power generation at that time which will consist of 60% nuclear, 10% hydro and 10% of other renewable energies. In other words, nearly 80% of fuels will be non-fossil sources

  9. Renewable energy investments under different support schemes: A real options approach

    DEFF Research Database (Denmark)

    Boomsma, Trine Krogh; Meade, Nigel; Fleten, Stein-Erik

    2012-01-01

    -in tariff encourages earlier investment. Nevertheless, as investment has been undertaken, renewable energy certificate trading creates incentives for larger projects. In our baseline scenario and taking the fixed feed-in tariff as a base, the revenue required to trigger investments is 61% higher......This paper adopts a real options approach to analyze investment timing and capacity choice for renewable energy projects under different support schemes. The main purpose is to examine investment behavior under the most extensively employed support schemes, namely, feed-in tariffs and renewable...... energy certificate trading. We consider both multiple sources of uncertainty under each support scheme and uncertainty with respect to any change of support scheme, and we obtain both analytical (when possible) and numerical solutions. In a Nordic case study based on wind power, we find that the feed...

  10. Modelling the water energy nexus: should variability in water supply impact on decision making for future energy supply options?

    Directory of Open Access Journals (Sweden)

    J. D. S. Cullis

    2018-02-01

    Full Text Available Many countries, like South Africa, Australia, India, China and the United States, are highly dependent on coal fired power stations for energy generation. These power stations require significant amounts of water, particularly when fitted with technology to reduce pollution and climate change impacts. As water resources come under stress it is important that spatial variability in water availability is taken into consideration for future energy planning particularly with regards to motivating for a switch from coal fired power stations to renewable technologies. This is particularly true in developing countries where there is a need for increased power production and associated increasing water demands for energy. Typically future energy supply options are modelled using a least cost optimization model such as TIMES that considers water supply as an input cost, but is generally constant for all technologies. Different energy technologies are located in different regions of the country with different levels of water availability and associated infrastructure development and supply costs. In this study we develop marginal cost curves for future water supply options in different regions of a country where different energy technologies are planned for development. These water supply cost curves are then used in an expanded version of the South Africa TIMES model called SATIM-W that explicitly models the water-energy nexus by taking into account the regional nature of water supply availability associated with different energy supply technologies. The results show a significant difference in the optimal future energy mix and in particular an increase in renewables and a demand for dry-cooling technologies that would not have been the case if the regional variability of water availability had not been taken into account. Choices in energy policy, such as the introduction of a carbon tax, will also significantly impact on future water resources, placing

  11. Modelling the water energy nexus: should variability in water supply impact on decision making for future energy supply options?

    Science.gov (United States)

    Cullis, James D. S.; Walker, Nicholas J.; Ahjum, Fadiel; Juan Rodriguez, Diego

    2018-02-01

    Many countries, like South Africa, Australia, India, China and the United States, are highly dependent on coal fired power stations for energy generation. These power stations require significant amounts of water, particularly when fitted with technology to reduce pollution and climate change impacts. As water resources come under stress it is important that spatial variability in water availability is taken into consideration for future energy planning particularly with regards to motivating for a switch from coal fired power stations to renewable technologies. This is particularly true in developing countries where there is a need for increased power production and associated increasing water demands for energy. Typically future energy supply options are modelled using a least cost optimization model such as TIMES that considers water supply as an input cost, but is generally constant for all technologies. Different energy technologies are located in different regions of the country with different levels of water availability and associated infrastructure development and supply costs. In this study we develop marginal cost curves for future water supply options in different regions of a country where different energy technologies are planned for development. These water supply cost curves are then used in an expanded version of the South Africa TIMES model called SATIM-W that explicitly models the water-energy nexus by taking into account the regional nature of water supply availability associated with different energy supply technologies. The results show a significant difference in the optimal future energy mix and in particular an increase in renewables and a demand for dry-cooling technologies that would not have been the case if the regional variability of water availability had not been taken into account. Choices in energy policy, such as the introduction of a carbon tax, will also significantly impact on future water resources, placing additional water

  12. Renewable energy policy in South Africa: policy options for renewable electricity

    International Nuclear Information System (INIS)

    Winkler, H.

    2005-01-01

    Investment in renewable energy and energy efficiency is important to reduce the negative economic, social and environmental impacts of energy production and consumption in South Africa. Currently, renewable energy contributes relatively little to primary energy and even less to the consumption of commercial energy. This article examines policy options for promoting renewable electricity. Feed-in tariffs guarantee prices for developers, but lack certainty on the amount of renewable electricity such laws would deliver under local conditions. Portfolio standards set a fixed quantity, which would guarantee diversity of supply. The question is whether the incremental upfront cost to be paid by society may be unacceptably high, compared to future health and environmental benefits. A renewables obligation combines the setting of a target with a tendering process, but may be bureaucratic to administer. Neither setting targets or regulating prices alone, however, will be sufficient. Power purchase agreements, access to the grid and creating markets for green electricity are some supporting activities that should be considered. Given that renewable electricity technologies have to compete with relatively low electricity tariffs, funding will be needed. Possible sources, both locally and internationally, are identified. The extent to which these are utilised will determine the future mix of renewable energy in South Africa. (author)

  13. Renewable energy policy in South Africa: policy options for renewable electricity

    International Nuclear Information System (INIS)

    Winkler, Harald

    2005-01-01

    Investment in renewable energy and energy efficiency is important to reduce the negative economic, social and environmental impacts of energy production and consumption in South Africa. Currently, renewable energy contributes relatively little to primary energy and even less to the consumption of commercial energy. This article examines policy options for promoting renewable electricity. Feed-in tariffs guarantee prices for developers, but lack certainty on the amount of renewable electricity such laws would deliver under local conditions. Portfolio standards set a fixed quantity, which would guarantee diversity of supply. The question is whether the incremental upfront cost to be paid by society may be unacceptably high, compared to future health and environmental benefits. A renewables obligation combines the setting of a target with a tendering process, but may be bureaucratic to administer. Neither setting targets or regulating prices alone, however, will be sufficient. Power purchase agreements, access to the grid and creating markets for green electricity are some supporting activities that should be considered. Given that renewable electricity technologies have to compete with relatively low electricity tariffs, funding will be needed. Possible sources, both locally and internationally, are identified. The extent to which these are utilised will determine the future mix of renewable energy in South Africa

  14. Indirect and direct energy requirements of city households in Sweden - Options for reduction, lessons from modeling

    NARCIS (Netherlands)

    Carlsson-Kanyama, A; Engstrom, R; Kok, R

    2005-01-01

    The objective of this article is to explore the potential for lowering household energy use given existing local support systems, in this case in the Stockholm inner city with the aid of the Dutch energy analysis program (EAP) that was adapted to Swedish conditions and that portrays total energy use

  15. An analysis of options for a sustainable Texel

    NARCIS (Netherlands)

    Mc Kula Gutierrez, Patricia

    2015-01-01

    The need to reduce energy consumption and to increase the energy generation from renewable resources is imminent. The community of the Dutch island of Texel has the ambition to be part of this energy transition towards sustainability and has adopted the goal of becoming fully sustainable by the year

  16. The electricity supply options in Cuba and the potential role of nuclear energy

    International Nuclear Information System (INIS)

    Perez Martin, D.; Lopez Lopez, I.

    2000-01-01

    Cuba is poor in primary energy resources. After an economic crisis initiated in 1990, a recuperation process began in 1994, but in the electric sector we could not reach the 1989 generation level. A comparative assessment of different options to cover electricity demand until 2015 performed using DECADES tools shows that the most important options are: hydro, nuclear, biomass, combined cycle and combustion turbines. The nuclear power option in the evaluated electric system expansion cases can play an important economic and environment role. The introduction of one nuclear power plant will save 330 million dollars in the expansion of the national electricity system. Environment emissions calculations during the study period, taking into consideration only the generation step, show that only the introduction of one NPP until 2015 will produce significant environment benefits. With the assumption that in generation step hydro, nuclear and biomass plants do not produce emissions, if the amount of electricity generated by these plants during study period would be generated in conventional Oil Steam Boilers with typical emission factors for Cuban conditions, the CO 2 emissions would increase in 26 millions tonnes, 576 thousand tonnes of SO x and 102 thousand tonnes of NO x . The NPP cover 80% of these reductions. (author)

  17. Waste Not, Want Not: Analyzing the Economic and Environmental Viability of Waste-to-Energy (WTE) Technology for Site-Specific Optimization of Renewable Energy Options

    Energy Technology Data Exchange (ETDEWEB)

    Funk, K.; Milford, J.; Simpkins, T.

    2013-02-01

    Waste-to-energy (WTE) technology burns municipal solid waste (MSW) in an environmentally safe combustion system to generate electricity, provide district heat, and reduce the need for landfill disposal. While this technology has gained acceptance in Europe, it has yet to be commonly recognized as an option in the United States. Section 1 of this report provides an overview of WTE as a renewable energy technology and describes a high-level model developed to assess the feasibility of WTE at a site. Section 2 reviews results from previous life cycle assessment (LCA) studies of WTE, and then uses an LCA inventory tool to perform a screening-level analysis of cost, net energy production, greenhouse gas (GHG) emissions, and conventional air pollution impacts of WTE for residual MSW in Boulder, Colorado. Section 3 of this report describes the federal regulations that govern the permitting, monitoring, and operating practices of MSW combustors and provides emissions limits for WTE projects.

  18. Energy options open to mankind beyond the turn of the century

    International Nuclear Information System (INIS)

    Haefele, W.

    1977-01-01

    Nuclear power is described as having the potential to provide mankind with almost unlimited energy beyond the year 2000. In terms of engineering and economics, the scale of the nuclear fuel cycle is in hundreds of GW, as compared to the GW dimension of present electricity supply units. Energy demand is considered the yardstick for measuring long-term options. Major parameters of this global approach are economic growth of industrialized nations, development of less developed countries, and population growth. Also, long-term trends away from labour-intensive economies (mostly oriented towards agriculture) towards energy-intensive and/or capital-intensive economies must be analysed. Different schemes of world economic orders must also be accounted for, such as the International Development Strategies for the 1970s and the New Economic Order. The 50-TW mark of future global energy demand used in this paper as a guideline is based on them, as well as on a medium population growth estimate of about 12 thousand million. Soft renewable energy sources have regional significance. They, as well as energy conservation, can provide up to a few TW at best. Solar power, if harvested on a global scale, would become a hard technology with large-scale storage and extensive transport and land use. Future large-scale applications of nuclear power would have to go beyond electricity generation. Breeding would allow the use of thin uranium resources, including those of the seas. Power production from either fission or fusion (D-T) breeders could be concentrated in regional energy parks up to 1TW with complete fuel cycles, using liquid or gaseous secondary energy carriers for long-range transport. Coal, which has the largest potential of all fossil resources, can serve as an option for the transition period. Used as a secondary energy carrier and combined with process heat, it could service, e.g., the transport sector for two centuries. Concluding, the author advises that this rather

  19. A Real Options Analysis of Coffee Planting in Vietnam

    OpenAIRE

    Luong, Quoc; Tauer, Loren W.

    2004-01-01

    Vietnam grew from an insignificant to the world’s second largest coffee producer during the 1990s. To understand this growth, this paper examines Vietnamese coffee growers’ investment decisions using real options theory. The study finds that producers, with variable costs of 19 cents/lb and total cost of 29.3 cents/lb, would enter coffee production at a coffee price of 47 cents/lb and exit at a coffee price of 14 cents/lb. Most Vietnamese growers appear to be sufficiently efficient to continu...

  20. Energy crisis in Nigeria: The nuclear option and the necessary regulatory framework for its success

    International Nuclear Information System (INIS)

    Faru, T.A.; Abubakar, M.B.; Sulaiman, S.

    2007-01-01

    Limited access or inappropriate planning and utilization of modern energy remain one of the major constrains to socio-economic development of Nigeria. The total installed electricity generation including that from all other sources based on PHCN estimates is about 6,603 MW and total exploitable hydro potential is currently at 12,220 MW. The electricity demand projection for a 10% annual growth of the GDP was given as 16,000 MW, 30,000 MW and 192,000 MW for the years 2010, 2015 and 2030 respectively. The electricity as currently generated is therefore grossly inadequate to meet our Domestic Demands, National Economic Empowerment and Development Strategy (NEEDS) and the Millennium Development Goals. This work is the study in the energy requirements for sustainable development. The study has also looked at the potential contributions of various energy resources for meeting this demand. It has identified the limitations of these sources in satisfying the National Energy Requirement and has highlighted the suitability of Nuclear Energy the option in meeting the projected energy demand and the necessary framework for its success

  1. Options for shallow geothermal energy for horticulture. Annexes; Kansen voor Ondiepe Geothermie voor de glastuinbouw. Bijlagen

    Energy Technology Data Exchange (ETDEWEB)

    Hellebrand, K. [IF-Technology, Arnhem (Netherlands); Post, R.J. [DLV glas en energie, Naaldwijk (Netherlands); In ' t Groen, B. [KEMA, Arnhem (Netherlands)

    2012-06-15

    Geothermal energy is too expensive to serve as energy supply for most horticultural entrepreneurs. Therefore, research has been carried out into options to use heat from more shallow layers (shallow geothermal energy). Unlike shallow geothermal energy deep geothermal energy can be applied on a smaller scale, possibly also for individual growers. It can be applied in combination with an existing heating system, but with a more sustainable outcome. Because drilling is done in shallow layers, drilling costs and financial risks are lower. This report comprises the annexes (A) Geologic Framework, and (B) Maps of the Netherlands (depth, thickness of sand layers, temperature and shallow geothermal energy potential [Dutch] Geothermie is voor de meeste tuinbouwondernemers teduur om als energievoorziening te dienen. Daarom is onderzoek gedaan naar mogelijkheden om warmte te gebruiken uit ondiepere lagen (ondiepe geothermie). In tegenstelling tot diepe geothermie is ondiepe geothermie op kleinere schaal toepasbaar, mogelijk ook voor individuele kwekers. Het kan in combinatie met de bestaande verwarmingsinstallatie worden ingezet maar met een duurzamer resultaat. Omdat ondieper wordt geboord zijn de boorkosten en de financiele risico's lager. Dit rapport bevat de bijlagen: (A) Geologisch kader, en (B) B Kaarten Nederland (diepte, zandlaagdikte, temperatuur en ondiepe geothermie (OGT) potentie.

  2. Energy options and regional cooperation on nuclear energy in the Asia-Pacific region

    International Nuclear Information System (INIS)

    Shin, Jae In

    1986-10-01

    This paper reviews the extensive forms of Asia-Pacific regional cooperation in nuclear power to develop and provide economical and reliable energy supply for sound economical growths of developing countries in this region, which has seen rapid growth of energy consumption more than anywhere else in recent years. Nuclear power has received keen attention from DCs because it can provide a self-reliable energy supply and promote development of high technology in the associated engineering and manufacturing industries locally. However, due to the particular characteristics in nuclear power technology, a close cooperation is required between the seller(industrialized) and buyer(developing) countries. The Asia-Pacific regional cooperation in nuclear power is a step toward providing mutual benefits to the countries involved in this region, and this paper explores potential ways in formulating basic and systematic approaches and areas of full scope cooperation. (author)

  3. Techno-economical Analysis of High Level Waste Storage and Disposal Options

    International Nuclear Information System (INIS)

    Bace, M.; Trontl, K.; Vrankic, K.

    2002-01-01

    Global warming and instability of gas and oil prices are redefining the role of nuclear energy in electrical energy production. A production of high-level radioactive waste (HLW), during the nuclear power plant operation and a danger of high level waste mitigation to the environment are considered by the public as a main obstacle of accepting the nuclear option. As economical and technical aspects of the back end of fuel cycle will affect the nuclear energy acceptance the techno-economical analysis of different methods for high level waste storage and disposal has to be performed. The aim of this paper is to present technical and economical characteristics of different HLW storage and disposal technologies. The final choice of a particular HLW management method is closely connected to the selection of a fuel cycle type: open or closed. Wet and dry temporary storage has been analyzed including different types of spent fuel pool capacity increase methods, different pool location (at reactor site and away from reactor site) as well as casks and vault system of dry storage. Since deep geological deposition is the only disposal method with a realistic potential, we focused our attention on that disposal technology. Special attention has been given to the new idea of international and regional disposal location. The analysis showed that a coexistence of different storage methods and deep geological deposition is expected in the future, regardless of the fuel cycle type. (author)

  4. Lifestyles and domestic energy consumption : strategic options for encouraging sustainable energy consumption

    NARCIS (Netherlands)

    Breemhaar, B.; Gool, van W.A.C.; Ester, P.; Midden, C.J.H.

    1996-01-01

    The National Research Programme for Global Air Pollution and Climate Change commissioned us to investigate whether the different ways in which households use energy for their domestic activities can be divided into patterns that could be regarded as lifestyles. At the same time we investigated

  5. Transformation towards a Renewable Energy System in Brazil and Mexico—Technological and Structural Options for Latin America

    OpenAIRE

    Sonja Simon; Tobias Naegler; Hans Christian Gils

    2018-01-01

    Newly industrialized countries face major challenges to comply with the Paris Treaty targets as economic growth and prosperity lead to increasing energy demand. Our paper analyses technological and structural options in terms of energy efficiency and renewable energies for a massive reduction of energy-related CO2 emissions in Latin America. Brazil and Mexico share similar growth prospects but differ significantly with respect to renewable energy potentials. We identify, how this leads to dif...

  6. National Option of China's Nuclear Energy Systems for Spent Fuel Management

    Energy Technology Data Exchange (ETDEWEB)

    Gao, R.X. [University of Science and Technology, Daejeon (Korea, Republic of); Ko, W. I.; Lee, S. H. [Korea Atomic Energy Research Institute, Daejeon (Korea, Republic of)

    2015-10-15

    Along with safety concerns, these long standing environmental challenges are the major factors influencing the public acceptance of nuclear power. Although nuclear power plays an important role in reducing carbon emissions from energy generation, this could not fully prove it as a sustainable energy source unless we find a consensus approach to treat the nuclear wastes. There are currently no countries that have completed a whole nuclear fuel cycle, and the relative comparison of the reprocessing spent fuel options versus direct disposal option is always a controversial issue. Without exception, nowadays, China is implementing many R and D projects on spent fuel management to find a long-term solution for nuclear fuel cycle system transition, such as deep geological repositories for High Level Waste (HLW), Pu Reduction by Solvent Extraction (PUREX) technology, and fast reactor recycling Mixed U-Pu Oxide (MOX) fuels, etc. This paper integrates the current nation's projects of back-end fuel cycle, analyzes the consequences of potential successes, failures and delays in the project development to future nuclear fuel cycle transition up to 2100. We compared the dynamic results of four scenarios and then assessed relative impact on spent fuel management. The result revealed that the fuel cycle transition of reprocessing and recycling of spent fuel would bring advantages to overall nuclear systems by reducing high level waste inventory, saving natural uranium resources, and reducing plutonium management risk.

  7. Balancing Fiscal, Energy, and Environmental Concerns: Analyzing the Policy Options for California’s Energy and Economic Future

    Directory of Open Access Journals (Sweden)

    Edward Manderson

    2013-03-01

    Full Text Available This study estimates the fiscal, energy, and environmental tradeoffs involved in supplying California’s future energy needs. An integrated framework is developed whereby an econometric forecasting system of California energy demand is coupled with engineering-economic models of energy supply, and economic impacts are estimated using input-output models of the California economy. A baseline scenario in which California relies on imported electricity to meet future demand is then compared against various energy supply development scenarios over the forecast horizon (2012–2035. The results indicate that if California implements its renewable portfolio standard (RPS, there will be a substantial net cost in terms of value added, employment, and state tax revenues because the economic benefits of building capacity are outweighed by higher energy prices. Although carbon emissions fall, the cost per ton of avoided emissions is well above market prices. Building out natural gas fired generation capacity also leads to losses compared to the baseline, although the impacts are relatively minor. Meanwhile, a strategy of replacing imported crude oil and natural gas with domestic production using indigenous resources increases gross state product, employment, and tax revenues, with minimal impact on carbon emissions. This option could, therefore, help mitigate the costs of California meeting its RPS commitment.

  8. Savannah River Plant Low-Level Waste Heat Utilization Project preliminary analysis. Volume II. Options for capturing the waste heat

    International Nuclear Information System (INIS)

    1978-11-01

    Options for utilizing the heated SRP effluent are investigated. The temperature and availability characteristics of the heated effluent are analyzed. Technical options for energy recovery are discussed. A number of thermodynamic cycles that could generate electrical power using the energy in the heated SRP effluent are described. Conceptual designs for SRP application of two attractive options are presented. Other direct uses for the heated effluent, as heat sources for agriculture and aquaculture options are discussed

  9. A new option for exploitage of future nuclear energy. Accelerator driven radioactive clean nuclear power system

    International Nuclear Information System (INIS)

    Ding Dazhao

    2000-01-01

    Nuclear energy is an effective, clean and safe energy resource. But some shortages of the nuclear energy system presently commercial available obstruct further development of the nuclear energy by heavy nuclear fission. Those are final disposal of the high level radioactive waste, inefficient use of the uranium resource and safety issue of the system. Innovative technical option is seeking for by the nuclear scientific community in recent ten years in aiming to overcome these obstacles, namely, accelerator driven sub-critical system (ADS). This hybrid system may bridge over the gap between presently commercial available nuclear power system and the full exploitation of the fusion energy. The basic principle of ADS is described and its capability in waste transmutation, conversion of the nuclear fuel are demonstrated by two examples--AD-fast reactor and AD-heavy water thermal reactor. The feasibility of ADS and some projects in US, Japan, etc are briefly discussed. The rationale in promoting the R and D of ADS in China is emphasized as China is at the beginning stage of its ambitious project in construction of the nuclear power

  10. Policy options for sustainable energy use in a general model of the UK economy

    International Nuclear Information System (INIS)

    Barker, T.; Ekins, P.; Johnstone, N.

    1996-01-01

    A quantitative general economic model has been developed for options available in greenhouse gas abatement policy concerning energy use. It has been applied in three exercises to explore the effects of energy taxes on the United Kingdom economy. One of these examined the effect of the proposed European Commission carbon/energy tax; the second attempts to set out a policy framework which would enable the UK to reach the IPCC target of 60% reduction in CO 2 emissions by 2040 and explores the economic implications; the third compares the proposal of the UK government to levy VAT on domestic fuel with the EC carbon/energy tax. Additionally, estimates have been made of the secondary benefits of reducing CO 2 emissions. The results present a striking contrast to much of the literature. They include the conclusions that: the EC carbon/energy tax would have negligible macroeconomic effects on the UK economy providing revenues were recycled in such a way as to neutralise inflation; reduction of UK CO 2 emissions by 60% would not necessarily cause great economic disruption; the secondary benefits of reducing CO 2 emissions are of sufficient size to alter radically the benefit cost profile of carbon abatement; equity and efficiency should be regarded as complementary, not competing, objectives in the abatement of CO 2 emissions from the domestic sector. (UK)

  11. Market segmentation for multiple option healthcare delivery systems--an application of cluster analysis.

    Science.gov (United States)

    Jarboe, G R; Gates, R H; McDaniel, C D

    1990-01-01

    Healthcare providers of multiple option plans may be confronted with special market segmentation problems. This study demonstrates how cluster analysis may be used for discovering distinct patterns of preference for multiple option plans. The availability of metric, as opposed to categorical or ordinal, data provides the ability to use sophisticated analysis techniques which may be superior to frequency distributions and cross-tabulations in revealing preference patterns.

  12. Hawaii energy strategy project 2: Fossil energy review. Task 3 -- Greenfield options: Prospects for LNG use

    Energy Technology Data Exchange (ETDEWEB)

    Breazeale, K. [ed.; Fesharaki, F.; Fridley, D.; Pezeshki, S.; Wu, K.

    1993-12-01

    This paper begins with an overview of the Asia-Pacific LNG market, its major players, and the likely availability of LNG supplies in the region. The discussion then examines the possibilities for the economic supply of LNG to Hawaii, the potential Hawaiian market, and the viability of an LNG project on Oahu. This survey is far from a complete technical assessment or an actual engineering/feasibility study. The economics alone cannot justify LNG`s introduction. The debate may continue as to whether fuel diversification and environmental reasons can outweigh the higher costs. Several points are made. LNG is not a spot commodity. Switching to LNG in Hawaii would require a massive, long-term commitment and substantial investments. LNG supplies are growing very tight in the Asia-Pacific region. Some of the environmental benefits of LNG are not entirely relevant in Hawaii because Hawaii`s air quality is generally excellent. Any air quality benefits may be more than counterbalanced by the environmental hazards connected with large-scale coastal zone construction, and by the safety hazards of LNG carriers, pipelines, etc. Lastly, LNG is not suitable for all energy uses, and is likely to be entirely unsuitable for neighbor island energy needs.

  13. Energy Recovery from Scrap Tires: A Sustainable Option for Small Islands like Puerto Rico

    Directory of Open Access Journals (Sweden)

    Eddie N. Laboy-Nieves

    2014-05-01

    Full Text Available Puerto Rico generates and disposes nearly five million/year scrap tires (ST, of which 4.2% is recycled and 80% is exported. The Island has one of the world highest electrical service tariff ($0.28 kWh, because of its dependency on fossil fuels for power generation. The Government has not considered ST for electricity production, despite more than 13,000 ST are generated daily, and paradoxically exported for that purpose. Theoretically, if ST recycling increases to 10% and assuming that the caloric value of ST be 33 MJ/kg, it was estimated that scrap tires processed with pyrolysis can supply annually about 379 MWh, a potential value that shall not be unnoticed. This paper is a literature review to describe the legal, technical, and economic framework for the viability of ST for power generation in Puerto Rico using pyrolysis, the most recommended process for ST energy recovery. Data of ST from Puerto Rico was used to model the potential of ST for pyrolytic energy conversion. The herein article is intended to invite other insular countries and territories, to join efforts with the academic and scientific community, and with the energy generation sector, to validate ST as a sustainable option for energy generation.

  14. Marketing energy conservation options to Northwest manufactured home buyers. Revision 1

    Energy Technology Data Exchange (ETDEWEB)

    Hendrickson, P.L.; Mohler, B.L.; Taylor, Z.T.; Lee, A.D.; Onisko, S.A.

    1985-10-01

    Manufactured, or HUD-Code, homes comprise a growing share of the housing stock in the Northwest, as well as nationally. Their relatively low cost has made them especially attractive to lower income families, first-time home-buyers, and retired persons. The characteristics of manufactured home (MH) buyers, the unique energy consumption characteristics of the homes, and their increasing market share make this market an especially critical one for energy consumption and conservation planning in the Northwest. This study relies on extensive, existing survey data and new analyses to develop information that can potentially assist the design of a marketing plan to achieve energy conservation in new manufactured homes. This study has the objective of assisting BPA in the development of a regional approach in which numerous organizations and parties would participate to achieve conservation in new manufactured homes. A previous survey and information collected for this study from regional dealers and manufacturers provide an indication of the energy conservation options being sold to manufactured home buyers in the PNW. Manufacturers in the Northwest appear to sell homes that usually exceed the HUD thermal requirements. Manufacturers typically offer efficiency improvements in packages that include fixed improvements in insulation levels, glazing, and infiltration control. Wholesale costs of these packages range from about $100 to $1500. Typical packages include significant upgrades in floor insulation values with modest upgrades in ceilings and walls. This study identifies trends and impacts that a marketing plan should consider to adequately address the financial concerns of manufactured home buyers.

  15. A multi-criteria decision analysis assessment of waste paper management options.

    Science.gov (United States)

    Hanan, Deirdre; Burnley, Stephen; Cooke, David

    2013-03-01

    The use of Multi-criteria Decision Analysis (MCDA) was investigated in an exercise using a panel of local residents and stakeholders to assess the options for managing waste paper on the Isle of Wight. Seven recycling, recovery and disposal options were considered by the panel who evaluated each option against seven environmental, financial and social criteria. The panel preferred options where the waste was managed on the island with gasification and recycling achieving the highest scores. Exporting the waste to the English mainland for incineration or landfill proved to be the least preferred options. This research has demonstrated that MCDA is an effective way of involving community groups in waste management decision making. Copyright © 2012 Elsevier Ltd. All rights reserved.

  16. Pricing the (European) option to switch between two energy sources: An application to crude oil and natural gas

    International Nuclear Information System (INIS)

    Gatfaoui, Hayette

    2015-01-01

    We consider a firm, which can choose between crude oil and natural gas to run its business. The firm selects the energy source, which minimizes its energy or production costs at a given time horizon. Assuming the energy strategy to be established over a fixed time window, the energy choice decision will be made at a given future date T. In this light, the firm's energy cost can be considered as a long position in a risk-free bond by an amount of the terminal oil price, and a short position in a European put option to switch from oil to gas by an amount of the terminal oil price too. As a result, the option to switch from crude oil to natural gas allows for establishing a hedging strategy with respect to energy costs. Modeling stochastically the underlying asset of the European put, we propose a valuation formula of the option to switch and calibrate the pricing formula to empirical data on a daily basis. Hence, our innovative framework handles widely the hedge against the price increase of any given energy source versus the price of another competing energy source (i.e. minimizing energy costs). Moreover, we provide a price for the cost-reducing effect of the capability to switch from one energy source to another one (i.e. hedging energy price risk). - Highlights: • We consider a firm, which chooses either crude oil or natural gas as an energy source. • The capability to switch offers the firm a hedge against energy commodity price risk. • A European put option prices the ability to switch from crude oil to natural gas. • The capability to switch between two energy sources reduces the firm's energy costs. • The discount illustrates the efficiency of the energy management policy (e.g. timing).

  17. Neutronic Analysis on Coolant Options in a Hybrid Reactor System for High Level Waste Transmutation

    Energy Technology Data Exchange (ETDEWEB)

    Hong, Seong Hee; Kim, Myung Hyun [Kyung Hee University, Seoul (Korea, Republic of)

    2014-10-15

    A fusion-fission hybrid reactor (FFHR) which is a combination of plasma fusion tokamak as a fast neutron source and a fission reactor as of fusion blanket is another potential candidate. In FFHR, fusion plasma machine can supply high neutron-rich and energetic 14.1MeV (D, T) neutrons compared to other options. Therefore it has better capability in HLW incineration. While, it has lower requirements compared to pure fusion. Much smaller-sized tokamak can be achievable in a near term because it needs relatively low plasma condition. FFHR has also higher safety potential than fast reactors just as ADSR because it is subcritical reactor system. FFHR proposed up to this time has many design concepts depending on the design purpose. FFHR may also satisfy many design requirement such as energy multiplication, tritium production, radiation shielding for magnets, fissile breeding for self-sustain ability also waste transmutation. Many types of fuel compositions and coolant options have been studied. Effect of choices for fuel and coolant was studied for the transmutation purpose FFHR by our team. In this study LiPb coolant was better than pure Li coolant both for neutron multiplication and tritium breeding. However, performance of waste transmutation was reduced with increased neutron absorption at coolant caused by tritium breeding. Also, LiPb as metal coolant has a problem of massive MHD pressure drop in coolant channels. Therefore, in a previous study, waste transmutation performance was evaluated with light water coolant option which may be a realistic choice. In this study, a neutronic analysis was done for the various coolant options with a detailed computation. One of solutions suggested is to use the pressure tubes inside of first wall and second wall In this work, performance of radioactive waste transmutation was compared with various coolant options. On the whole, keff increases with all coolants except for FLiBe, therefore required fusion power is decreased. In

  18. Evaluating options for balancing the water–electricity nexus in California: Part 2—Greenhouse gas and renewable energy utilization impacts

    Energy Technology Data Exchange (ETDEWEB)

    Tarroja, Brian; AghaKouchak, Amir; Sobhani, Reza; Feldman, David; Jiang, Sunny; Samuelsen, Scott, E-mail: gss@uci.edu

    2014-11-01

    A study was conducted to compare the technical potential and effectiveness of different water supply options for securing water availability in a large-scale, interconnected water supply system under historical and climate-change augmented inflow and demand conditions. Part 2 of the study focused on determining the greenhouse gas and renewable energy utilization impacts of different pathways to stabilize major surface reservoir levels. Using a detailed electric grid model and taking into account impacts on the operation of the water supply infrastructure, the greenhouse gas emissions and effect on overall grid renewable penetration level was calculated for each water supply option portfolio that successfully secured water availability from Part 1. The effects on the energy signature of water supply infrastructure were found to be just as important as that of the fundamental processes for each option. Under historical (baseline) conditions, many option portfolios were capable of securing surface reservoir levels with a net neutral or negative effect on emissions and a benefit for renewable energy utilization. Under climate change augmented conditions, however, careful selection of the water supply option portfolio was required to prevent imposing major emissions increases for the system. Overall, this analysis provided quantitative insight into the tradeoffs associated with choosing different pathways for securing California's water supply. - Highlights: • Part I presents a spatially and temporally resolved model of California’s surface reservoirs. • Part II presents GHG emissions and grid renewable penetration for water availability options. • In particular, the energy signature of water supply infrastructure is delineated. • Different pathways for securing California’s water supply are developed quantitatively. • Under baseline conditions, portfolios capable of securing surface reservoir levels emerge. • Under climate change conditions, the

  19. Evaluating options for balancing the water–electricity nexus in California: Part 2—Greenhouse gas and renewable energy utilization impacts

    International Nuclear Information System (INIS)

    Tarroja, Brian; AghaKouchak, Amir; Sobhani, Reza; Feldman, David; Jiang, Sunny; Samuelsen, Scott

    2014-01-01

    A study was conducted to compare the technical potential and effectiveness of different water supply options for securing water availability in a large-scale, interconnected water supply system under historical and climate-change augmented inflow and demand conditions. Part 2 of the study focused on determining the greenhouse gas and renewable energy utilization impacts of different pathways to stabilize major surface reservoir levels. Using a detailed electric grid model and taking into account impacts on the operation of the water supply infrastructure, the greenhouse gas emissions and effect on overall grid renewable penetration level was calculated for each water supply option portfolio that successfully secured water availability from Part 1. The effects on the energy signature of water supply infrastructure were found to be just as important as that of the fundamental processes for each option. Under historical (baseline) conditions, many option portfolios were capable of securing surface reservoir levels with a net neutral or negative effect on emissions and a benefit for renewable energy utilization. Under climate change augmented conditions, however, careful selection of the water supply option portfolio was required to prevent imposing major emissions increases for the system. Overall, this analysis provided quantitative insight into the tradeoffs associated with choosing different pathways for securing California's water supply. - Highlights: • Part I presents a spatially and temporally resolved model of California’s surface reservoirs. • Part II presents GHG emissions and grid renewable penetration for water availability options. • In particular, the energy signature of water supply infrastructure is delineated. • Different pathways for securing California’s water supply are developed quantitatively. • Under baseline conditions, portfolios capable of securing surface reservoir levels emerge. • Under climate change conditions, the

  20. Analysis of Project Finance | Energy Analysis | NREL

    Science.gov (United States)

    Analysis of Project Finance Analysis of Project Finance NREL analysis helps potential renewable energy developers and investors gain insights into the complex world of project finance. Renewable energy project finance is complex, requiring knowledge of federal tax credits, state-level incentives, renewable

  1. Issues and options with regard to the renewables target in the context of the 2030 EU Climate and Energy Package

    International Nuclear Information System (INIS)

    Spencer, Thomas; Colombier, Michel; Ribera, Teresa

    2014-01-01

    The renewables target in the current package has leveraged significant growth in renewables. The share of renewables in final energy consumption increased from 9.7% in 2007 to 13% in 2011; in electricity from 15.8% to 21.7%. Unit costs have fallen as well. However, the renewables targets have also generated significant conflict. The synthetic indicator used to distribute EU targets (GDP/capita) has meant that some Member States must make significant efforts, in the final analysis possibly in excess of their economic potential and preferences. Top-down targets have unleashed policy innovation and capacity expansion in Member States; but in some cases effective appropriation in Member States' policy approaches has lagged behind. Nonetheless, there are still strong arguments for a framework for renewables in the future package. Firstly, these technologies will be vital to any long-term, decarbonization scenario. Secondly, there are still significant cost cuts that must be achieved in many renewables technologies, via technological and systemic learning driven by controlled capacity expansion and enhanced R and D. Thirdly, coordinating policy and infrastructure planning, as well as market integration and state aid policy all require that we have a clear idea of the direction of the EU energy mix and Member State policy efforts. In this context, this paper explores options to include renewables in the 2030 climate and energy package. These include binding, top-down targets, non-binding targets, and binding, bottom-up targets negotiated within an EU framework. Whatever approach is taken to the options discussed in the paper, it appears that a key role of the 2030 package should be to strengthen planning and policy processes within Member States, and in turn its integration at EU level. (authors)

  2. Regional energy facility siting analysis

    International Nuclear Information System (INIS)

    Eberhart, R.C.; Eagles, T.W.

    1976-01-01

    Results of the energy facility siting analysis portion of a regional pilot study performed for the anticipated National Energy Siting and Facility Report are presented. The question of cell analysis versus site-specific analysis is explored, including an evaluation of the difference in depth between the two approaches. A discussion of the possible accomplishments of regional analysis is presented. It is concluded that regional sitting analysis could be of use in a national siting study, if its inherent limits are recognized

  3. 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)

  4. Assessment of industrial energy options based on coal and nuclear systems

    International Nuclear Information System (INIS)

    Anderson, T.D.; Bowers, H.I.; Bryan, R.H.; Delene, J.G.; Hise, E.C.; Jones, J.E. Jr.; Klepper, O.H.; Reed, S.A.; Spiewak, I.

    1975-07-01

    Industry consumes about 40 percent of the total primary energy used in the United States. Natural gas and oil, the major industrial fuels, are becoming scarce and expensive; therefore, there is a critical national need to develop alternative sources of industrial energy based on the more plentiful domestic fuels--coal and nuclear. This report gives the results of a comparative assessment of nuclear- and coal-based industrial energy systems which includes technical, environmental, economic, and resource aspects of industrial energy supply. The nuclear options examined were large commercial nuclear power plants (light-water reactors or high-temperature gas-cooled reactors) and a small [approximately 300-MW(t)] special-purpose pressurized-water reactor for industrial applications. Coal-based systems selected for study were those that appear capable of meeting environmental standards, especially with respect to sulfur dioxide; these are (1) conventional firing using either low- or high-sulfur coal with stack-gas scrubbing equipment, (2) fluidized-bed combustion using high-sulfur coal, (3) low- and intermediate-Btu gas, (4) high-Btu pipeline-quality gas, (5) solvent-refined coal, (6) liquid boiler fuels, and (7) methanol from coal. Results of the study indicated that both nuclear and coal fuel can alleviate the industrial energy deficit resulting from the decline in availability of natural gas and oil. However, because of its broader range of application and relative ease of implementation, coal is expected to be the more important substitute industrial fuel over the next 15 years. In the longer term, nuclear fuels could assume a major role for supplying industrial steam. (U.S.)

  5. A homotopy analysis method for the option pricing PDE in illiquid markets

    Science.gov (United States)

    E-Khatib, Youssef

    2012-09-01

    One of the shortcomings of the Black and Scholes model on option pricing is the assumption that trading the underlying asset does not affect the underlying asset price. This can happen in perfectly liquid markets and it is evidently not viable in markets with imperfect liquidity (illiquid markets). It is well-known that markets with imperfect liquidity are more realistic. Thus, the presence of price impact while studying options is very important. This paper investigates a solution for the option pricing PDE in illiquid markets using the homotopy analysis method.

  6. Energy analysis program. 1994 annual report

    Energy Technology Data Exchange (ETDEWEB)

    Levine, M.D.

    1995-04-01

    This report provides an energy analysis overview. The following topics are described: building energy analysis; urban and energy environmental issues; appliance energy efficiency standards; utility planning and policy; energy efficiency, economics, and policy issues; and international energy and environmental issues.

  7. Exploring drivers of energy demand in Cyprus – Scenarios and policy options

    International Nuclear Information System (INIS)

    Zachariadis, Theodoros; Taibi, Emanuele

    2015-01-01

    This paper describes a new set of energy demand forecasts for the Republic of Cyprus up to the year 2040, which have been developed in support of the renewable energy roadmap that was prepared for national authorities by the International Renewable Energy Agency. The analysis takes into account national end-use data from the residential and tertiary sector that had not been exploited up to now. Four final energy demand scenarios with diverging assumptions were defined in this study, offering a wide range of possible outcomes up to 2040; in addition, four alternative scenarios were applied for sensitivity analysis. Two of these scenarios can be regarded as those continuing the trends of the recent past in Cyprus (prior to the economic and financial downturn of years 2011–2014). However, a more rigorous implementation of energy efficiency measures in buildings and transport, as defined in the fourth scenario of this study, is also realistic; despite its potential costs, it might allow Cyprus both to decrease its carbon emissions in line with the long-term EU decarbonisation targets, and to reduce its dependence on fossil fuels, thereby promoting energy efficiency as an important climate change adaptation measure. - Highlights: • Energy demand forecasts for the Republic of Cyprus up to the year 2040 are presented. • Study in the frame of renewable energy roadmap for Cyprus supported by IRENA. • Four scenarios considered, some allowing for breaks with past trends of energy use. • Rigorous implementation of energy efficiency measures is realistic. • Strong energy savings required in line with EU decarbonisation targets.

  8. Quantitative analysis of natural resource management options at different scales

    NARCIS (Netherlands)

    Keulen, van H.

    2007-01-01

    Natural capital (land, water, air) consists of many resources, each with its own quality, dynamics and renewability, but with strong interactions. The increasing competition for the natural resources, especially land and water, calls for a basic redirection in the analysis of land use. In this

  9. Macroeconomics of natural disasters : Meta-analysis and policy options

    NARCIS (Netherlands)

    P.A.G. van Bergeijk (Peter); S. Lazzaroni (Sara)

    2013-01-01

    textabstractWe use the case of the impact of natural disasters to analyse strengths and weaknesses of meta-analysis in an emerging research field. Macroeconomists have published on this issue since 2002 (we identified 22 studies to date). The results of the studies are contradictory and

  10. Energy: options for the future. Curriculum development project for high school teachers. Final report. [Packet

    Energy Technology Data Exchange (ETDEWEB)

    Carroll, T.O.

    1978-04-01

    Recent state and regional energy crises demonstrate the delicate balance between energy systems, the environment, and the economy. Indeed, the interaction between these three elements of society is very complex. This project develops curriculum materials that would better provide students with an understanding and awareness of fundamental principles of energy supply, conversion processes, and utilization now and in the future. The project had two specific objectives: to transfer knowledge of energy systems, analysis techniques, and advanced technologies from the energy analyst community to the teacher participants; and to involve teachers in the preparation of modular case studies on energy issues for use within the classroom. These curriculum modules are intended to enhance the teacher's ability to provide energy-related education to students within his or her own academic setting. The project is organized as a three-week summer program, as noted in the flyer (Appendix A). Mornings are spent in seminars with energy and environmental specialists (their handout lecture notes are included as Appendix B); afternoons are devoted to high school curriculum development based on the seminar discussions. The curriculum development is limited to five areas: conservation, electricity demand scheduling, energy in the food system, new technologies (solar, wind, biomass), and environment. Appendix C consists of one-day lession plans in these areas.

  11. Energy options open to mankind beyond the turn of the century

    International Nuclear Information System (INIS)

    Haefele, W.

    1977-01-01

    Nuclear energy has the potential for an almost unlimited supply of energy. Specifically, its various engineering and economical implications of the nuclear fuel cycle tend more to the TW than to the GW domain. The implications of nuclear waste disposal schemes, the releases of large amounts of conversion heat losses as well as security considerations make it necessary to establish also a broad, long range global context for assessments of nuclear energy. The leading consideration is the evolution of the global energy demand. It is mandatory to have an approach that considers various world regions. The growth rate in the industrialized nations, the development of the developing nations, and the population growth are three major parameters that will be considered in some detail. Also long range trends from labor intensive economies that are mostly agriculture-oriented to energy and/or capital intensive economies must be analyzed. Further, schemes for future exchanges and transfers of goods and services such as a free world market and the new economical order must be taken into account. The availability of energy reserves and the potential of energy resources is the second line of analysis. Investment requirements and implications of various environmental considerations specifically those that are global in nature will be considered. Several scenarios for the build-up of future energy systems are considered. Energy storage and transportation, capital and foreign currency constraints, and various degrees of centralization respectively decentralization are evaluated. Finally, nuclear power is put into that context

  12. Gen-III/III+ reactors. Solving the future energy supply shortfall. The SWR-1000 option

    International Nuclear Information System (INIS)

    Stosic, Z.V.

    2006-01-01

    Deficiency of non-renewable energy sources, growing demand for electricity and primary energy, increase in population, raised concentration of greenhouse gases in the atmosphere and global warming are the facts which make nuclear energy currently the most realistic option to replace fossil fuels and satisfy global demand. The nuclear power industry has been developing and improving reactor technology for almost five decades and is now ready for the next generation of reactors which should solve the future energy supply shortfall. The advanced Gen-III/III+ (Generation III and/or III+) reactor designs incorporate passive or inherent safety features which require no active controls or operational intervention to manage accidents in the event of system malfunction. The passive safety equipment functions according to basic laws of physics such as gravity and natural convection and is automatically initiated. By combining these passive systems with proven active safety systems, the advanced reactors can be considered to be amongst the safest equipment ever made. Since the beginning of the 90's AREVA NP has been intensively engaged in the design of two advanced Gen-III+ reactors: (i) PWR (Pressurized Water Reactor) EPR (Evolutionary Power Reactor) and (ii) BWR (Boiling Water Reactor) SWR-1000. The SWR-1000 reactor design marks a new era in the successful tradition of BWR technology. It meets the highest safety standards, including control of a core melt accident. This is achieved by supplementing active safety systems with passive safety equipment of diverse design for accident detection and control and by simplifying systems needed for normal plant operation. A short construction period, flexible fuel cycle lengths and a high fuel discharge burn-up contribute towards meeting economic goals. The SWR-1000 completely fulfils international nuclear regulatory requirements. (author)

  13. A multi-criteria decision analysis assessment of waste paper management options

    International Nuclear Information System (INIS)

    Hanan, Deirdre; Burnley, Stephen; Cooke, David

    2013-01-01

    Highlights: ► Isolated communities have particular problems in terms of waste management. ► An MCDA tool allowed a group of non-experts to evaluate waste management options. ► The group preferred local waste management solutions to export to the mainland. ► Gasification of paper was the preferred option followed by recycling. ► The group concluded that they could be involved in the decision making process. - Abstract: The use of Multi-criteria Decision Analysis (MCDA) was investigated in an exercise using a panel of local residents and stakeholders to assess the options for managing waste paper on the Isle of Wight. Seven recycling, recovery and disposal options were considered by the panel who evaluated each option against seven environmental, financial and social criteria. The panel preferred options where the waste was managed on the island with gasification and recycling achieving the highest scores. Exporting the waste to the English mainland for incineration or landfill proved to be the least preferred options. This research has demonstrated that MCDA is an effective way of involving community groups in waste management decision making

  14. A multi-criteria decision analysis assessment of waste paper management options

    Energy Technology Data Exchange (ETDEWEB)

    Hanan, Deirdre [Department of Design, Development, Environment and Materials, The Open University, Walton Hall, Milton Keynes, MK7 6AA (United Kingdom); Burnley, Stephen, E-mail: s.j.burnley@open.ac.uk [Department of Design, Development, Environment and Materials, The Open University, Walton Hall, Milton Keynes, MK7 6AA (United Kingdom); Cooke, David [Department of Design, Development, Environment and Materials, The Open University, Walton Hall, Milton Keynes, MK7 6AA (United Kingdom)

    2013-03-15

    Highlights: ► Isolated communities have particular problems in terms of waste management. ► An MCDA tool allowed a group of non-experts to evaluate waste management options. ► The group preferred local waste management solutions to export to the mainland. ► Gasification of paper was the preferred option followed by recycling. ► The group concluded that they could be involved in the decision making process. - Abstract: The use of Multi-criteria Decision Analysis (MCDA) was investigated in an exercise using a panel of local residents and stakeholders to assess the options for managing waste paper on the Isle of Wight. Seven recycling, recovery and disposal options were considered by the panel who evaluated each option against seven environmental, financial and social criteria. The panel preferred options where the waste was managed on the island with gasification and recycling achieving the highest scores. Exporting the waste to the English mainland for incineration or landfill proved to be the least preferred options. This research has demonstrated that MCDA is an effective way of involving community groups in waste management decision making.

  15. PIXE analysis: an option for the study of atmospheric pollutants

    International Nuclear Information System (INIS)

    Aldape, U.F.

    1989-01-01

    Several techniques have been utilized in studying atmospheric contamination samples. However, each lack some characteristics required for these studies. Spectroscopy of X-rays particularly where excitation models are produced using charged particles (Particle Induced X-ray Emission, PIXE), for its high sensitivity, is the one that best fitting itself to the scheme of analysis required. In this paper we report some qualitative results of the atmospheric aerosol samples collected in Mexico City. (Author)

  16. Energy Usage Analysis System

    Data.gov (United States)

    General Services Administration — The EUAS application is a web based system which serves Energy Center of Expertise, under the Office of Facilitates Management and Service Programs. EUAS is used for...

  17. Renewable energy resources in Mali : potential and options for a sustainable development

    Energy Technology Data Exchange (ETDEWEB)

    Diarra, D.C. [Queen' s Univ., Kingston, ON (Canada). Dept. of Mechanical and Materials Engineering Solar Calorimetry Lab; Dembele, P. [Mali-Folkecenter, Faladie SEMA, Bamako (Mali)

    2006-07-01

    With a population of approximately 12 million, the per capita energy consumption of Mali is 228 Kilo tons of oil equivalent per inhabitant per year. Household energy consumption accounts for nearly 86 per cent of the total energy consumed with almost 99 per cent coming from wood energy. Energy consumption in the transportation, industrial and agricultural sectors is 10, 3, and 1 per cent respectively. The energy sector in Mali is characterized by the over-exploitation of forestry resources, dependence on imported oil and an under-exploitation of potential renewable energy resources such as solar, wind and biomass. The supply of solar energy is inexhaustible as the country receives almost 12 hours of sunshine with an average daily insolation of 5-7 KWh/m{sup 2}/day. Applications of photovoltaic (PV) technology in Mali concerns the basic needs of the population such as water pumping, lighting, battery charging and refrigeration. In 1994, the Mali government gave preferential fiscal policy on all solar equipment in order to encourage the wide spread use of solar energy, but technical constraints such as low efficiency, appropriate technology transfer methods, and sustainable financing mechanisms remain to be addressed. This paper described several programs that have been initiated to promote the use of renewable energy, protect the fragile environment threatened by the Sahara Desert and to provide access to drinking water. These achievements however, have not yet guaranteed energy sustainability, particularly in rural areas. It was recommended that efforts should be made to strengthen the renewable energy sector, correct inadequacies, introduce a sustainable renewable energy technology transfer process, and consolidate knowledge and experiences to focus on low cost renewable energy technologies. It was suggested that a natural resource map of the country should be made available in order allow for comparative cost and technology sustainability analysis before deciding

  18. Instruments and options for environmental policy during the accession process of EU associated countries in the area of environment and energy. Final report

    Energy Technology Data Exchange (ETDEWEB)

    Cames, M.; Matthes, F.C.; Baer, S.; Oberthuer, S.; Krug, M.; Mez, L.; Tempel, S.

    2001-07-01

    With regard to the leading role of the EU in climate protection policies, it is important to consider the impact of the accession process on EU climate policy. This study includes the analysis of the most important issues related to environment and energy within the accession process, namely: 1) status quo and development of the energy sector and structural CO{sub 2} mitigation options; 2) legal gap assessment and analysis of performance in the accession process; 3) identification of implementation patterns through detailed policy analysis; 4) evaluation of co-operation projects in the field of environment and energy in order to develop new projects that promote the accession process. This volume includes comparative analysis of the five Accession Countries. The detailed analysis of each country is documented in five country reports, each in a separate volume available only on the attached CD. (orig.)

  19. Evaluation of natural gas supply options for south east and central Europe. Part 1: Indicator definitions and single indicator analysis

    International Nuclear Information System (INIS)

    Afgan, Naim H.; Carvalho, Maria G.; Pilavachi, Petros A.; Martins, Nelson

    2007-01-01

    The need for diversification of energy sources is an immanent goal in long term energy strategy. In particular, this is of great importance for the natural gas supply. In this respect, evaluation and assessment of potential natural gas resources and their relation to consumers is of great importance. The natural gas supply in Europe is one of the main issues of European energy strategy to be followed in the future. In particular, the natural gas supply in the southeast countries is important. This paper provides a framework for understanding how much natural gas is available for use in south east and central Europe as well as the links to the recent supply of natural gas and its transport. The analysis is focused on evaluation of the potential routes for natural gas supply to the south east and central European countries. The potential options included in this analysis are the Yamal Route; Nabucco Route; West Balkan Route; LNG NEUM Route and Gas by Wire Route. In this analysis, attention is focused on the following indicators for assessment of potential options: environmental indicator; NG cost indicator; NG transport and royalty indicator; investment indicator; and NG demand indicator. The first part of this paper is devoted to the definition of the indicators and to single indicator analysis. (author)

  20. An integrated appraisal of energy recovery options in the United Kingdom using solid recovered fuel derived from municipal solid waste.

    Science.gov (United States)

    Garg, A; Smith, R; Hill, D; Longhurst, P J; Pollard, S J T; Simms, N J

    2009-08-01

    This paper reports an integrated appraisal of options for utilising solid recovered fuels (SRF) (derived from municipal solid waste, MSW) in energy intensive industries within the United Kingdom (UK). Four potential co-combustion scenarios have been identified following discussions with industry stakeholders. These scenarios have been evaluated using (a) an existing energy and mass flow framework model, (b) a semi-quantitative risk analysis, (c) an environmental assessment and (d) a financial assessment. A summary of results from these evaluations for the four different scenarios is presented. For the given ranges of assumptions; SRF co-combustion with coal in cement kilns was found to be the optimal scenario followed by co-combustion of SRF in coal-fired power plants. The biogenic fraction in SRF (ca. 70%) reduces greenhouse gas (GHG) emissions significantly ( approximately 2500 g CO(2) eqvt./kg DS SRF in co-fired cement kilns and approximately 1500 g CO(2) eqvt./kg DS SRF in co-fired power plants). Potential reductions in electricity or heat production occurred through using a lower calorific value (CV) fuel. This could be compensated for by savings in fuel costs (from SRF having a gate fee) and grants aimed at reducing GHG emission to encourage the use of fuels with high biomass fractions. Total revenues generated from coal-fired power plants appear to be the highest ( 95 pounds/t SRF) from the four scenarios. However overall, cement kilns appear to be the best option due to the low technological risks, environmental emissions and fuel cost. Additionally, cement kiln operators have good experience of handling waste derived fuels. The scenarios involving co-combustion of SRF with MSW and biomass were less favourable due to higher environmental risks and technical issues.

  1. An integrated appraisal of energy recovery options in the United Kingdom using solid recovered fuel derived from municipal solid waste

    International Nuclear Information System (INIS)

    Garg, A.; Smith, R.; Hill, D.; Longhurst, P.J.; Pollard, S.J.T.; Simms, N.J.

    2009-01-01

    This paper reports an integrated appraisal of options for utilising solid recovered fuels (SRF) (derived from municipal solid waste, MSW) in energy intensive industries within the United Kingdom (UK). Four potential co-combustion scenarios have been identified following discussions with industry stakeholders. These scenarios have been evaluated using (a) an existing energy and mass flow framework model, (b) a semi-quantitative risk analysis, (c) an environmental assessment and (d) a financial assessment. A summary of results from these evaluations for the four different scenarios is presented. For the given ranges of assumptions; SRF co-combustion with coal in cement kilns was found to be the optimal scenario followed by co-combustion of SRF in coal-fired power plants. The biogenic fraction in SRF (ca. 70%) reduces greenhouse gas (GHG) emissions significantly (∼2500 g CO 2 eqvt./kg DS SRF in co-fired cement kilns and ∼1500 g CO 2 eqvt./kg DS SRF in co-fired power plants). Potential reductions in electricity or heat production occurred through using a lower calorific value (CV) fuel. This could be compensated for by savings in fuel costs (from SRF having a gate fee) and grants aimed at reducing GHG emission to encourage the use of fuels with high biomass fractions. Total revenues generated from coal-fired power plants appear to be the highest ( Pounds 95/t SRF) from the four scenarios. However overall, cement kilns appear to be the best option due to the low technological risks, environmental emissions and fuel cost. Additionally, cement kiln operators have good experience of handling waste derived fuels. The scenarios involving co-combustion of SRF with MSW and biomass were less favourable due to higher environmental risks and technical issues.

  2. Integrated Portfolio Analysis: Return on Investment and Real Options Analysis of Intelligence Information Systems (Cryptologic Carry On Program)

    National Research Council Canada - National Science Library

    Rios, Jr., Cesar G; Housel, Thomas; Mun, Johnathan

    2006-01-01

    ...) on individual projects, programs, and processes within a portfolio of IT investments. Using KVA historical data as a platform, the authors evaluate potential strategic investments with real options analysis...

  3. ANALYSIS OF OPTION FOR ENTREPRENEURSHIP OF STUDENTS STUDYING ECONOMICS

    Directory of Open Access Journals (Sweden)

    Camelia, VECHIU

    2014-11-01

    Full Text Available Entrepreneurship is important, entrepreneur plays a major role at micro and maroeconomic level. Entrepreneur is the manager and employee at the same time, is leader and innovator, his company provides products and services that society needs. Europe needs more entrepreneurs and those who want to follow the path of entrepreneurship needs to face multiple challenges that can be overcome when the future entrepreneur benefit from a complex entrepreneurship education. This paper aims, through applied questionnaire, to identify whether future economists are determined to choose the path of entrepreneurship and start a business on their own. Also, we wanted to identify the obstacles that interviewees consider that you have to struggle to start their business. We applied a questionnaire to students, final year bachelor's degree, studying economics. They were chosen because during the three years study several economic disciplines: microeconomics, macroeconomics, management, accounting, finance, law, economic analysis, the national economy, European policy.

  4. IPv4 and IPv6 protocol compatibility options analysis

    Directory of Open Access Journals (Sweden)

    Regina Misevičienė

    2013-09-01

    Full Text Available The popularity of the internet has led to a very rapid growth of IPv4 (Internet Protocol v4 users. This caused a shortage of IP addresses, so it was created a new version – IPv6 (Internet Protocol v6. Currently, there are two versions of IP for IPv4 and IPv6. Due to the large differences in addressing the protocols IPv4 and IPv6 are incompatible. It is therefore necessary to find ways to move from IPv4 to IPv6. To facilitate the transition from one version to another are developed various mechanisms and strategies. Comparative analysis is done for dual stack, 6to4 tunnel and NAT64 mechanisms in this work. It has helped to reveal the shortcomings of these mechanisms and their application in selection of realization decisions.

  5. Evaluation of small wind turbines in distributed arrangement as sustainable wind energy option for Barbados

    International Nuclear Information System (INIS)

    Bishop, Justin D.K.; Amaratunga, Gehan A.J.

    2008-01-01

    The island of Barbados is 99% dependent on fossil fuel imports to satisfy its energy needs, which is unsustainable. This study proposes a 10 MW distributed wind energy scheme using micro wind turbines (WT) of horizontal (HAWT) and vertical axis (VAWT) configurations. These units are rated less than 500 W, and the scheme is hereafter referred to as mWT10. mWT10 is compared to the proposed 10 MW medium WT farm by the Barbados Light and Power Company (BL and P). The economic bottom line is the levelized cost of electricity (LCOE). The results highlight the BL and P proposal as the best economic option at BDS$0.19 per kWh, while that of both mWT10 configurations exceeds the conventional cost of BDS$0.25 by two to nine times. This is attributed to significantly higher relative installation and operational costs. However, the financial gap between mWT10 LCOE and the retail price of electricity is much smaller due to a large fuel surcharge passed on to each customer. Annual additional benefits of using wind energy include: greenhouse gas emissions savings of 6-23 kt of carbon dioxide; and anavoided fuel costs of BDS$1.5-5.3 million. The distributed mWT10 using HAWTs competes directly with the BL and P farm, however, it provides these benefits without the visual or ecological impacts of the larger machines. Conversely, VAWTs have features that favour a visually discrete and widely repeatable scheme but suffer relatively high costs. Therefore, this study illustrates the great potential of small wind turbines to be competitive with conventional wind farms, thus challenging the small wind industry to meet its potential by producing reliable and robust machines at lower cost

  6. Nuclear Power Remains Important Energy Option for Many Countries, IAEA Ministerial Conference Concludes

    International Nuclear Information System (INIS)

    2013-01-01

    Full text: Nuclear power remains an important option for many countries to improve energy security, provide energy for development and fight climate change, the International Ministerial Conference on Nuclear Power in the 21st Century concluded today. Participants also emphasised the importance of nuclear safety in the future growth of nuclear power, noting that nuclear safety has been strengthened worldwide following the March 2011 accident at TEPCO's Fukushima Daiichi Nuclear Power Station. The Conference was organised by the International Atomic Energy Agency (IAEA) in cooperation with the Nuclear Energy Agency (NEA) of the Organisation for Economic Co-operation and Development (OECD), and hosted by the Government of the Russian Federation through the State Atomic Energy Corporation ROSATOM. Sergei Kirienko, Director General of the State Atomic Energy Corporation ROSATOM, said: ''The Conference has achieved its main goal: to confirm that nuclear energy is an important part of the world's energy-mix. The innovative character of this type of energy provides us with sustainable development in the future. The closed nuclear fuel cycle and fusion may open for humanity absolutely new horizons. The Conference underlined the leading role of the IAEA in promoting the peaceful use of nuclear power and provision of the non-proliferation regime. Russia as a co-founder of the IAEA will always support its efforts to develop and expand safety and security standards all over the world.'' ''I believe we can look ahead with confidence and optimism to the future of nuclear power in the 21st century,'' said IAEA Director General Yukiya Amano. After the accident at the Fukushima Daiichi Nuclear Power Plant in Japan in March 2011, ''effective steps have been taken to make nuclear power plants safer everywhere,'' he stressed. ''Nuclear power will make a significant and growing contribution to sustainable development in the coming decades. The IAEA is committed to ensuring that the

  7. Real options analysis for land use management: Methods, application, and implications for policy.

    Science.gov (United States)

    Regan, Courtney M; Bryan, Brett A; Connor, Jeffery D; Meyer, Wayne S; Ostendorf, Bertram; Zhu, Zili; Bao, Chenming

    2015-09-15

    Discounted cash flow analysis, including net present value is an established way to value land use and management investments which accounts for the time-value of money. However, it provides a static view and assumes passive commitment to an investment strategy when real world land use and management investment decisions are characterised by uncertainty, irreversibility, change, and adaptation. Real options analysis has been proposed as a better valuation method under uncertainty and where the opportunity exists to delay investment decisions, pending more information. We briefly review the use of discounted cash flow methods in land use and management and discuss their benefits and limitations. We then provide an overview of real options analysis, describe the main analytical methods, and summarize its application to land use investment decisions. Real options analysis is largely underutilized in evaluating land use decisions, despite uncertainty in policy and economic drivers, the irreversibility and sunk costs involved. New simulation methods offer the potential for overcoming current technical challenges to implementation as demonstrated with a real options simulation model used to evaluate an agricultural land use decision in South Australia. We conclude that considering option values in future policy design will provide a more realistic assessment of landholder investment decision making and provide insights for improved policy performance. Copyright © 2015 Elsevier Ltd. All rights reserved.

  8. Investment opportunity in China's overseas oil project: An empirical analysis based on real option approach

    International Nuclear Information System (INIS)

    Tang, Bao-Jun; Zhou, Hui-Ling; Chen, Hao; Wang, Kai; Cao, Hong

    2017-01-01

    China's overseas oil investments uphold national energy security. Located in the complex international economic and political environment, the benefits of overseas oil projects are affected by various uncertainties. Oil companies call for a set of evaluation method dealing with these uncertainties, especially when encountering low-oil-price conditions. It is much more crucial to answer when to optimally invest rather than whether to invest. This paper analyzes the investment opportunity of an oil project in the development and production phase considering uncertainty, irreversibility and management flexibility. The decision-making process combines Discounted Cash Flow (DCF) method and the trinomial tree model of Real Option Approach (ROA). For practical purposes, tools of hurdle price, cumulative probability and decision tree are adopted. In addition, results of the case project show the economic feasibility at present and optimal start-up timing at the end of 2016. Besides, the lower cost parameters generally make it easier to meet the opportunity. The scenario analysis suggests the higher risk contributes to an earlier start-up. Furthermore, the issues of method applicability, investment signals and decision-lag effects are discussed. - Highlights: • Volatility is combined with fluctuations in oil price, exchange rate and political situation. • Hurdle price is adopted as a critical price to measure investment opportunity. • Scenario analysis suggests the higher risk contribute to earlier investment timing.

  9. Space station data system analysis/architecture study. Task 2: Options development, DR-5. Volume 2: Design options

    Science.gov (United States)

    1985-01-01

    The primary objective of Task 2 is the development of an information base that will support the conduct of trade studies and provide sufficient data to make key design/programmatic decisions. This includes: (1) the establishment of option categories that are most likely to influence Space Station Data System (SSDS) definition; (2) the identification of preferred options in each category; and (3) the characterization of these options with respect to performance attributes, constraints, cost and risk. This volume contains the options development for the design category. This category comprises alternative structures, configurations and techniques that can be used to develop designs that are responsive to the SSDS requirements. The specific areas discussed are software, including data base management and distributed operating systems; system architecture, including fault tolerance and system growth/automation/autonomy and system interfaces; time management; and system security/privacy. Also discussed are space communications and local area networking.

  10. An analysis of evacuation options for nuclear accidents

    Energy Technology Data Exchange (ETDEWEB)

    Tawil, J J; Strenge, D L; Schultz, R W

    1987-11-01

    The threat of release of a hazardous substance into the atmosphere will sometimes require that the population at risk be evacuated. If the substance is particularly hazardous or the release is exceptionally large, then an extensive area may have to be evacuated at substantial cost. In this report we consider the threat posed by the accidental release of radionuclides from a nuclear power plant. The report's objective is to establish relationships between radiation dose and the cost of evacuation under a wide variety of conditions. The dose can almost always be reduced by evacuating the population from a larger area. However, extending the evacuation zone outward will cause evacuation costs to increase. The purpose of this analysis was to provide the Environmental Protection Agency (EPA) a data base for evaluating whether implementation costs and risks averted could be used to justify evacuation at lower doses than would be required based on acceptable risk of health effects alone. The procedures used and results of these analyses are being made available as background information for use by others. In this report we develop cost/dose relationships for 54 scenarios that are based upon the severity of the reactor accident, meteorological conditions during the release of radionuclides into the environment, and the angular width of the evacuation zone. The 54 scenarios are derived from combinations of three accident severity levels, six meteorological conditions and evacuation zone widths of 70 deg, 90 deg, and 180 deg. Appendix tables are provided to allow acceptable evaluation of the cost/dose relationships for a wide variety of scenarios. Guidance and examples are provided in the text to show how these tables can be used.

  11. Budget impact analysis of 8 hormonal contraceptive options.

    Science.gov (United States)

    Crespi, Simone; Kerrigan, Matthew; Sood, Vipan

    2013-07-01

    To develop a model comparing costs of 8 hormonal contraceptives and determine whether acquisition costs for implants and intrauterine devices (IUDs) were offset by decreased pregnancy-related costs over a 3-year time horizon from a managed care perspective. A model was developed to assess the budget impact of branded or generic oral contraceptives (OCs), quarterly intramuscular depot medroxyprogesterone, etonogestrel/ethinyl estradiol vaginal ring, etonogestrel implant, levonorgestrel IUD, norelgestromin/ethinyl estradiol transdermal contraceptive, and ethinyl estradiol/levonorgestrel extended-cycle OC. Major variables included drug costs, typical use failure rates, discontinuation rates, and pregnancy costs. The base case assessed costs for 1000 women initiating each of the hormonal contraceptives. The etonogestrel implant and levonorgestrel IUD resulted in the fewest pregnancies, 63 and 85, respectively, and the least cost, $1.75 million and $2.0 million, respectively. In comparison, generic OC users accounted for a total of 243 pregnancies and $3.4 million in costs. At the end of year 1, costs for the etonogestrel implant ($800,471) and levonorgestrel IUD ($949,721) were already lower than those for generic OCs ($1,146,890). Sensitivity analysis showed that the cost of pregnancies, not product acquisition cost, was the primary cost driver. Higher initial acquisition costs for the etonogestrel implant and levonorgestrel IUD were offset within 1 year by lower contraceptive failure rates and consequent pregnancy costs. Thus, after accounting for typical use failure rates of contraceptive products, the etonogestrel implant and levonorgestrel IUD emerged as the least expensive hormonal contraceptives.

  12. Stochastic control and real options valuation of thermal storage-enabled demand response from flexible district energy systems

    International Nuclear Information System (INIS)

    Kitapbayev, Yerkin; Moriarty, John; Mancarella, Pierluigi

    2015-01-01

    Highlights: • We calculate the real option value of flexibility from CHP-thermal storage. • Stochastic optimal feedback control problem is solved under uncertain market prices. • Efficient real-time numerical solutions combine simulation, regression and recursion. • Clear, interpretable feedback control maps are produced for each hour of the day. • We give a realistic UK case study using projected market gas and electricity prices. - Abstract: In district energy systems powered by Combined Heat and Power (CHP) plants, thermal storage can significantly increase CHP flexibility to respond to real time market signals and therefore improve the business case of such demand response schemes in a Smart Grid environment. However, main challenges remain as to what is the optimal way to control inter-temporal storage operation in the presence of uncertain market prices, and then how to value the investment into storage as flexibility enabler. In this outlook, the aim of this paper is to propose a model for optimal and dynamic control and long term valuation of CHP-thermal storage in the presence of uncertain market prices. The proposed model is formulated as a stochastic control problem and numerically solved through Least Squares Monte Carlo regression analysis, with integrated investment and operational timescale analysis equivalent to real options valuation models encountered in finance. Outputs are represented by clear and interpretable feedback control strategy maps for each hour of the day, thus suitable for real time demand response under uncertainty. Numerical applications to a realistic UK case study with projected market gas and electricity prices exemplify the proposed approach and quantify the robustness of the selected storage solutions

  13. Proceedings of the Workshop on Program Options in Intermediate-Energy Physics. Keynote address: New directions in intermediate-energy nuclear physics

    International Nuclear Information System (INIS)

    Brown, G.E.

    1980-05-01

    This report presents the keynote address given by G.E. Brown at a LASL colloquium on August 21, 1979, for the Workshop on Program Options in Intermediate-Energy Physics. Professor Brown reviewed major topics of interest in intermediate-energy nuclear physics and suggested experimental approaches that might be most productive in the near future. 22 figures

  14. Building Energy Monitoring and Analysis

    Energy Technology Data Exchange (ETDEWEB)

    Hong, Tianzhen; Feng, Wei; Lu, Alison; Xia, Jianjun; Yang, Le; Shen, Qi; Im, Piljae; Bhandari, Mahabir

    2013-06-01

    This project aimed to develop a standard methodology for building energy data definition, collection, presentation, and analysis; apply the developed methods to a standardized energy monitoring platform, including hardware and software, to collect and analyze building energy use data; and compile offline statistical data and online real-time data in both countries for fully understanding the current status of building energy use. This helps decode the driving forces behind the discrepancy of building energy use between the two countries; identify gaps and deficiencies of current building energy monitoring, data collection, and analysis; and create knowledge and tools to collect and analyze good building energy data to provide valuable and actionable information for key stakeholders.

  15. Building Energy Monitoring and Analysis

    Energy Technology Data Exchange (ETDEWEB)

    Hong, Tianzhen; Feng, Wei; Lu, Alison; Xia, Jianjun; Yang, Le; Shen, Qi; Im, Piljae; Bhandari, Mahabir

    2013-06-01

    U.S. and China are the world’s top two economics. Together they consumed one-third of the world’s primary energy. It is an unprecedented opportunity and challenge for governments, researchers and industries in both countries to join together to address energy issues and global climate change. Such joint collaboration has huge potential in creating new jobs in energy technologies and services. Buildings in the US and China consumed about 40% and 25% of the primary energy in both countries in 2010 respectively. Worldwide, the building sector is the largest contributor to the greenhouse gas emission. Better understanding and improving the energy performance of buildings is a critical step towards sustainable development and mitigation of global climate change. This project aimed to develop a standard methodology for building energy data definition, collection, presentation, and analysis; apply the developed methods to a standardized energy monitoring platform, including hardware and software, to collect and analyze building energy use data; and compile offline statistical data and online real-time data in both countries for fully understanding the current status of building energy use. This helps decode the driving forces behind the discrepancy of building energy use between the two countries; identify gaps and deficiencies of current building energy monitoring, data collection, and analysis; and create knowledge and tools to collect and analyze good building energy data to provide valuable and actionable information for key stakeholders.

  16. Asia least-cost greenhouse gas abatement strategy identification and assessment of mitigation options for the energy sector

    International Nuclear Information System (INIS)

    Gupta, Sujata; Bhandari, Preety

    1998-01-01

    The focus of the presentation was on greenhouse gas mitigation options for the energy sector for India. Results from the Asia Least-cost Greenhouse gas Abatement Strategies (ALGAS) project were presented. The presentation comprised of a review of the sources of greenhouse gases, the optimisation model, ie the Markal model, used for determining the least-cost options, discussion of the results from the baseline and the abatement scenarios. The second half of the presentation focussed on a multi-criteria assessment of the abatement options using the Analytical Hierarchical Process (AHP) model. The emissions of all greenhouse gases, for India, are estimated to be 986.3 Tg of carbon dioxide equivalent for 1990. The energy sector accounted for 58 percent of the total emissions and over 90 percent of the CO2 emissions. Net emissions form land use change and forestry were zero. (au)

  17. Analysis of edible oil processing options for the BIO-Plex advanced life support system

    Science.gov (United States)

    Greenwalt, C. J.; Hunter, J.

    2000-01-01

    Edible oil is a critical component of the proposed plant-based Advanced Life Support (ALS) diet. Soybean, peanut, and single-cell oil are the oil source options to date. In terrestrial manufacture, oil is ordinarily extracted with hexane, an organic solvent. However, exposed solvents are not permitted in the spacecraft environment or in enclosed human tests by National Aeronautics and Space Administration due to their potential danger and handling difficulty. As a result, alternative oil-processing methods will need to be utilized. Preparation and recovery options include traditional dehulling, crushing, conditioning, and flaking, extrusion, pressing, water extraction, and supercritical extraction. These processing options were evaluated on criteria appropriate to the Advanced Life Support System and BIO-Plex application including: product quality, product stability, waste production, risk, energy needs, labor requirements, utilization of nonrenewable resources, usefulness of by-products, and versatility and mass of equipment to determine the most appropriate ALS edible oil-processing operation.

  18. Mineral carbonation: energy costs of pretreatment options and insights gained from flow loop reaction studies

    Energy Technology Data Exchange (ETDEWEB)

    Penner, Larry R.; O' Connor, William K.; Dahlin, David C.; Gerdemann, Stephen J.; Rush, Gilbert E.

    2004-01-01

    Sequestration of carbon as a stable mineral carbonate has been proposed to mitigate environmental concerns that carbon dioxide may with time escape from its sequestered matrix using alternative sequestration technologies. A method has been developed to prepare stable carbonate products by reacting CO2 with magnesium silicate minerals in aqueous bicarbonate/chloride media at high temperature and pressure. Because this approach is inherently expensive due to slow reaction rates and high capital costs, studies were conducted to improve the reaction rates through mineral pretreatment steps and to cut expenses through improved reactor technology. An overview is given for the estimated cost of the process including sensitivity to grinding and heating as pretreatment options for several mineral feedstocks. The energy costs are evaluated for each pretreatment in terms of net carbon avoided. New studies with a high-temperature, high-pressure flow-loop reactor have yielded information on overcoming kinetic barriers experienced with processing in stirred autoclave reactors. Repeated tests with the flow-loop reactor have yielded insights on wear and failure of system components, on challenges to maintain and measure flow, and for better understanding of the reaction mechanism.

  19. Potential and limitations of bio-energy options for low carbon transitions

    International Nuclear Information System (INIS)

    Bibas, Ruben; Mejean, Aurelie

    2012-01-01

    Sustaining low CO 2 emission pathways to 2100 may rely on electricity production from biomass. We analyze the effect of the availability of biomass resources and technologies with and without carbon capture and storage within a general equilibrium framework. Biomass technologies are introduced into the electricity module of the hybrid general equilibrium model Imaclim-R. We assess the robustness of this technology, with and without carbon capture and storage, as a way of reaching the RCP 3.7 stabilization target. The impact of a uniform CO 2 tax on energy prices, investments and the structure of the electricity mix is examined. World GDP growth is affected by the absence of the CCS or biomass options, and biomass is shown to be a possible technological answer to the absence of CCS. As the use of biomass on a large scale might prove unsustainable, we illustrate early action as a strategy to reduce the need for biomass and enhance economic growth in the long term. (authors)

  20. Double row spacing and drip irrigation as technical options in energy sorghum management

    Directory of Open Access Journals (Sweden)

    Neri Roncucci

    2014-02-01

    Full Text Available The effect of two row spacing configurations and four water supply levels was investigated on sweet and fibre sorghum in Central Italy for two consecutive years. Results highlighted the influence of both irrigation and row spatial configuration on crop productivity. Indeed, several studies have pointed out the positive response of sorghum to irrigation in Mediterranean climate, as in this environment water stress represents one of the main limiting factors on crop productivity. On the other hand, few attempts have been made to explore the role of row spacing on energy sorghum productivity. Results outlined an average increase in sorghum dry biomass yield ranging from +23% to +79% at variable rates of water supply as compared to rainfed control. The positive effect of irrigation was also observed on leaf area index and radiation use efficiency. Moreover, we observed a crop yield increase, from 9% to 20%, under double row spacing compared to the standard planting pattern (i.e. single row spacing. Finally, it was confirmed the efficient use of water by sorghum and the great ability of sorghum to increase its biomass yield in response to increasing volumes of water supplied. Therefore, this work suggests how row spacing configuration and drip irrigation could be feasible technical options to increase sorghum biomass yields in Mediterranean environments. These techniques should be experienced by farmers towards a sustainable intensification of current cropping systems.

  1. Mineral carbonation: energy costs of pretreatment options and insights gained from flow loop reaction studies

    International Nuclear Information System (INIS)

    Penner, Larry R.; O'Connor, William K.; Dahlin, David C.; Gerdemann, Stephen J.; Rush, Gilbert E.

    2004-01-01

    Sequestration of carbon as a stable mineral carbonate has been proposed to mitigate environmental concerns that carbon dioxide may with time escape from its sequestered matrix using alternative sequestration technologies. A method has been developed to prepare stable carbonate products by reacting CO2 with magnesium silicate minerals in aqueous bicarbonate/chloride media at high temperature and pressure. Because this approach is inherently expensive due to slow reaction rates and high capital costs, studies were conducted to improve the reaction rates through mineral pretreatment steps and to cut expenses through improved reactor technology. An overview is given for the estimated cost of the process including sensitivity to grinding and heating as pretreatment options for several mineral feedstocks. The energy costs are evaluated for each pretreatment in terms of net carbon avoided. New studies with a high-temperature, high-pressure flow-loop reactor have yielded information on overcoming kinetic barriers experienced with processing in stirred autoclave reactors. Repeated tests with the flow-loop reactor have yielded insights on wear and failure of system components, on challenges to maintain and measure flow, and for better understanding of the reaction mechanism

  2. Energy source options for the generation of electrical power in Taiwan

    International Nuclear Information System (INIS)

    Chang, Ching-Chih; Wang, Chih-Min

    2014-01-01

    Highlights: • Analyses of CO 2 emissions and cost in different generation energy source. • Solar, geothermal and wave energy are opportunity for reducing CO 2 emissions. • Expanding renewable energy support electrical industry sustainable development. - Abstract: This study sought to evaluate newly introduced energy policies with regard to economic development and environmental preservation by analyzing carbon dioxide emissions and the costs associated with various electrical power generation schemes. Nonlinear regression was used to measure the efficiency of technology aimed at CO 2 emission reduction and the Morris method was employed for sensitivity analysis. Our results indicate that new Taiwanese energy policies represent the lowest possible cost and the lowest possible CO 2 emissions per kW h currently possible. However, total CO 2 emissions under this plan fail to meet emissions targets established in 2000. This paper outlines a long-term plan for the transformation of the Taiwanese power generation industry from a major contributor of pollution into a largely green entity through the replacement of coal with renewable energy sources

  3. Economic analysis of nuclear energy

    Energy Technology Data Exchange (ETDEWEB)

    Lee, Han Myung; Lee, M.K.; Moon, K.H.; Kim, S.S.; Lim, C.Y.; Song, K.D.; Kim, H

    2001-12-01

    The objective of this study is to evaluate the contribution of nuclear energy to the energy use in the economical way, based on the factor survey performed on the internal and external environmental changes occurred recent years. Internal and external environmental changes are being occurred recent years involving with using nuclear energy. This study summarizes the recent environmental changes in nuclear energy such as sustainable development issues, climate change talks, Doha round and newly created electricity fund. This study also carried out the case studies on nuclear energy, based on the environmental analysis performed above. The case studies cover following topics: role of nuclear power in energy/environment/economy, estimation of environmental external cost in electric generation sector, economic comparison of hydrogen production, and inter-industrial analysis of nuclear power generation.

  4. Economic analysis of nuclear energy

    International Nuclear Information System (INIS)

    Lee, Han Myung; Lee, M.K.; Moon, K.H.; Kim, S.S.; Lim, C.Y.; Song, K.D.; Kim, H.

    2001-12-01

    The objective of this study is to evaluate the contribution of nuclear energy to the energy use in the economical way, based on the factor survey performed on the internal and external environmental changes occurred recent years. Internal and external environmental changes are being occurred recent years involving with using nuclear energy. This study summarizes the recent environmental changes in nuclear energy such as sustainable development issues, climate change talks, Doha round and newly created electricity fund. This study also carried out the case studies on nuclear energy, based on the environmental analysis performed above. The case studies cover following topics: role of nuclear power in energy/environment/economy, estimation of environmental external cost in electric generation sector, economic comparison of hydrogen production, and inter-industrial analysis of nuclear power generation

  5. Renewable energy from biomass: a sustainable option? - Hydrogen production from alcohols

    Science.gov (United States)

    Balla, Zoltán; Kith, Károly; Tamás, András; Nagy, Orsolya

    2015-04-01

    Sustainable development requires us to find new energy sources instead of fossil fuels. One possibility is the hydrogen fuel cell, which uses significantly more efficient than the current combustion engines. The task of the hydrogen is clean, carbon-free renewable energy sources to choose in the future by growing degree. Hungary can play a role in the renewable energy sources of biomass as a renewable biomass annually mass of about 350 to 360 million tons. The biomass is only a very small proportion of fossil turn carbonaceous materials substitution, while we may utilize alternative energy sources as well. To the hydrogen production from biomass, the first step of the chemical transformations of chemical bonds are broken, which is always activation energy investment needs. The methanol and ethanol by fermentation from different agricultural products is relatively easy to produce, so these can be regarded as renewable energy carriers of. The ethanol can be used directly, and used in several places in the world are mixed with the petrol additive. This method is the disadvantage that the anhydrous alcohol is to be used in the combustion process in the engine more undesired by-products may be formed, and the fuel efficiency of the engine is significantly lower than the efficiency of the fuel cells. More useful to produce hydrogen from the alcohol and is used in a fuel cell electric power generation. Particularly attractive option for the so-called on-board reforming of alcohols, that happens immediately when the vehicle hydrogen production. It does not need a large tank of hydrogen, because the hydrogen produced would be directly to the fuel cell. The H2 tank limit use of its high cost, the significant loss evaporation, the rare-station network, production capacity and service background and lack of opportunity to refuel problems. These can be overcome, if the hydrogen in the vehicle is prepared. As volume even 700 bar only about half the H2 pressure gas can be stored

  6. Energy analysis of ethanol production from sweet sorghum

    Energy Technology Data Exchange (ETDEWEB)

    Worley, J.W. (Georgia Univ., Athens, GA (United States). Dept. of Agricultural Engineering); Vaughan, D.H.; Cundiff, J.S. (Virginia Polytechnic Inst. and State Univ., Blacksburg, VA (United States). Dept. of Agricultural Engineering)

    1992-01-01

    The Piedmont System is a collection of equipment for efficiently removing the juice from sweet sorghum stalks for the production of ethanol. The concept is to separate the whole stalks into pith and rind-leaf fractions, pass only the pith fraction through a screw press, and thus achieve an improvement in juice-expression efficiency and press capacity. An energy analysis was done for two options of this proposed harvesting/processing system: (Option 1) The juice is evaporated to syrup and used throughout the year to produce ethanol, and the by-products are used as cattle feed. (Option 2) The juice is fermented as it is harvested, and the by-products (along with other cellulosic materials) are used as feedstock for the remainder of the year. Energy ratios (energy output/energy input) of 0.9, 1.1 and 0.8 were found for sweet sorghum Option 1, sweet sorghum Option 2, and corn, respectively, as feedstocks for ethanol. If only liquid fuels are considered, the ratios are increased to 3.5, 7.9 and 4.5. (author).

  7. Decisions on Energy Demand Response Option Contracts in Smart Grids Based on Activity-Based Costing and Stochastic Programming

    Directory of Open Access Journals (Sweden)

    Alfred J. Hildreth

    2013-01-01

    Full Text Available Smart grids enable a two-way energy demand response capability through which a utility company offers its industrial customers various call options for energy load curtailment. If a customer has the capability to accurately determine whether to accept an offer or not, then in the case of accepting an offer, the customer can earn both an option premium to participate, and a strike price for load curtailments if requested. However, today most manufacturing companies lack the capability to make the correct contract decisions for given offers. This paper proposes a novel decision model based on activity-based costing (ABC and stochastic programming, developed to accurately evaluate the impact of load curtailments and determine as to whether or not to accept an energy load curtailment offer. The proposed model specifically targets state-transition flexible and Quality-of-Service (QoS flexible energy use activities to reduce the peak energy demand rate. An illustrative example with the proposed decision model under a call-option based energy demand response scenario is presented. As shown from the example results, the proposed decision model can be used with emerging smart grid opportunities to provide a competitive advantage to the manufacturing industry.

  8. Feebates promoting energy-efficient cars: Design options to address more consumers and possible counteracting effects

    International Nuclear Information System (INIS)

    Peters, Anja; Mueller, Michel G.; Haan, Peter de; Scholz, Roland W.

    2008-01-01

    An increasing number of countries have implemented or are evaluating feebate systems in order to reduce energy consumption of new vehicle registrations. We distinguish between absolute feebates based strictly on a vehicle's energy consumption and relative feebates normalizing energy consumption by a given car utility. This paper analyzes whether absolute or relative feebates encourage more consumers to change to vehicles with lower energy consumption. We combine an analysis of all car models on sale at the end of 2005 with survey data from 326 potential new car buyers. Analysis of the car fleet with regard to behavioral changes assumed as realistic shows that relative systems succeed better in offering more consumer groups cars that are eligible for incentives. Survey results suggest that consumers show some, but limited, willingness to change behavior to obtain an incentive. However, a relative system potentially allows people to switch to cars with higher relative efficiency without actually lowering absolute CO 2 emissions. We discuss this inherent dilemma of simultaneously addressing more consumers and limiting counteracting effects. In order to find the optimal trade-off, we suggest assessing different parameters operationalizing vehicle utility by means of micro-simulation with detailed car fleet and differentiated consumer segments

  9. Haiti: Feasibility of Waste-to-Energy Options at the Trutier Waste Site

    Energy Technology Data Exchange (ETDEWEB)

    Conrad, M. D.; Hunsberger, R.; Ness, J. E.; Harris, T.; Raibley, T.; Ursillo, P.

    2014-08-01

    This report provides further analysis of the feasibility of a waste-to-energy (WTE) facility in the area near Port-au-Prince, Haiti. NREL's previous analysis and reports identified anaerobic digestion (AD) as the optimal WTE technology at the facility. Building on the prior analyses, this report evaluates the conceptual financial and technical viability of implementing a combined waste management and electrical power production strategy by constructing a WTE facility at the existing Trutier waste site north of Port-au-Prince.

  10. Cost benefit analysis of two policy options for cannabis: status quo and legalisation.

    Directory of Open Access Journals (Sweden)

    Marian Shanahan

    Full Text Available AIMS: To date there has been limited analysis of the economic costs and benefits associated with cannabis legalisation. This study redresses this gap. A cost benefit analysis of two cannabis policy options the status quo (where cannabis use is illegal and a legalised-regulated option was conducted. METHOD: A cost benefit analysis was used to value the costs and benefits of the two policies in monetary terms. Costs and benefits of each policy option were classified into five categories (direct intervention costs, costs or cost savings to other agencies, benefits or lost benefits to the individual or the family, other impacts on third parties, and adverse or spill over events. The results are expressed as a net social benefit (NSB. FINDINGS: The mean NSB per annum from Monte Carlo simulations (with the 5 and 95 percentiles for the status quo was $294.6 million AUD ($201.1 to $392.7 million not substantially different from the $234.2 million AUD ($136.4 to $331.1 million for the legalised-regulated model which excludes government revenue as a benefit. When government revenue is included, the NSB for legalised-regulated is higher than for status quo. Sensitivity analyses demonstrate the significant impact of educational attainment and wellbeing as drivers for the NSB result. CONCLUSION: Examining the percentiles around the two policy options, there appears to be no difference between the NSB for these two policy options. Economic analyses are essential for good public policy, providing information about the extent to which one policy is substantially economically favourable over another. In cannabis policy, for these two options this does not appear to be the case.

  11. Cost benefit analysis of two policy options for cannabis: status quo and legalisation.

    Science.gov (United States)

    Shanahan, Marian; Ritter, Alison

    2014-01-01

    To date there has been limited analysis of the economic costs and benefits associated with cannabis legalisation. This study redresses this gap. A cost benefit analysis of two cannabis policy options the status quo (where cannabis use is illegal) and a legalised-regulated option was conducted. A cost benefit analysis was used to value the costs and benefits of the two policies in monetary terms. Costs and benefits of each policy option were classified into five categories (direct intervention costs, costs or cost savings to other agencies, benefits or lost benefits to the individual or the family, other impacts on third parties, and adverse or spill over events). The results are expressed as a net social benefit (NSB). The mean NSB per annum from Monte Carlo simulations (with the 5 and 95 percentiles) for the status quo was $294.6 million AUD ($201.1 to $392.7 million) not substantially different from the $234.2 million AUD ($136.4 to $331.1 million) for the legalised-regulated model which excludes government revenue as a benefit. When government revenue is included, the NSB for legalised-regulated is higher than for status quo. Sensitivity analyses demonstrate the significant impact of educational attainment and wellbeing as drivers for the NSB result. Examining the percentiles around the two policy options, there appears to be no difference between the NSB for these two policy options. Economic analyses are essential for good public policy, providing information about the extent to which one policy is substantially economically favourable over another. In cannabis policy, for these two options this does not appear to be the case.

  12. Comparative assessment of energy options and strategies in Mexico until 2025. Final report of a coordinated research project 2000-2004

    International Nuclear Information System (INIS)

    2005-10-01

    Mexico is undergoing significant changes in the energy sector, in particular in the electric power sector, such as the restructuring of power markets; increasing emphasis on socioeconomic and environmental impacts of the electric power system; and consideration of an higher role for energy technologies compatible with sustainable development. The Mexican Government has identified the need for ensuring a sustainable pattern of production, distribution and use of energy and electricity. In this context, a comparative assessment analysis is a prerequisite for planning of the future energy and electricity facilities of the country in order to make timely decisions. It requires the identification of the expected levels of energy and electricity demand and the options that are available to meet these demands, taking special note of the national energy resources and potential imported sources. Further analysis would be needed for the optimization of the supply options to meet the demand in the most efficient and economic manner with due consideration of the environmental impacts and resource requirements. In accordance with its mandate, the IAEA has developed a systematic approach along with a set of computer-based models for elaborating national energy strategies covering the analysis of all of the above aspects. Under its Technical Cooperation Programme, the IAEA provides assistance to its Member States to enhance national capabilities for elaborating sustainable energy development strategies and assessing the role of nuclear power and other energy options, by transferring the analytical tools along with training and providing expertise. The present report describes the results of the Comparative Assessment of Energy Options and Strategies until 2025 study for Mexico conducted by the Secretaria de Energia, in cooperation with several national institutions, in particular the University of Mexico. The comprehensive national analysis focuses on energy and electricity

  13. Real Options in Defense R and D: A Decision Tree Analysis Approach for Options to Defer, Abandon, and Expand

    Science.gov (United States)

    2016-12-01

    the sale of assets for salvage value. However, for defense R&D projects, since there is no secondhand market for the projects, this option is...Peli, 2001; Panayi & Trigeorgis, 1998; Perlitz et al., 1999). Moreover, there are also very comprehensive books on the theory and practice of

  14. Macro-economic analysis of forestry options on carbon sequestration in India

    International Nuclear Information System (INIS)

    Kadekodi, Gopal K.; Ravindranath, N.H.

    1997-01-01

    There is a need to evaluate the additional spending on forestry by analysing the environmental (particularly carbon abatement), social and economic benefits. The biomass needs for India are expected to increase by two to three times by 2020. Depending upon the forest types, ownership patterns and land use patterns, feasible forestry options are identified. It is found among many supply options to be feasible to meet the 'demand based needs' with a mix of management options, species choices and organisational set up. A comparative static framework is used to analyze the macro-economic impacts. Forestry accounts for 1.84% of GNP in India. It is characterized by significant forward industrial linkages and least backward linkage. Forestry generates about 36 million person years of employment annually. India imports Rs. 15 billion worth of forest based materials annually. Implementation of the demand based forestry options can lead to a number of ecological, economic and institutional changes. The notable ones are: enhancement of C stock from 9578 to 17094 Mt and a net annual C-sequestration from 73 to 149 Mt after accounting for all emissions; a trebling of the output of forestry sector from Rs. 49 billion to Rs. 146 billion annually; an increase in GDP contribution of forestry from Rs. 32 billion to Rs. 105 billion over a period of 35 years; an increase in annual employment level by 23 million person years; emergence of forestry as a net contributor of foreign exchange through trading of forestry products; and an increase in economic value of forest capital stock by Rs. 7260 billion with a cost benefit analysis showing forestry as a profitable option. Implementation of forestry options calls for an understanding of current forest policies and barriers which are analyzed and a number of policy options are suggested

  15. On gasohol and energy analysis

    Energy Technology Data Exchange (ETDEWEB)

    Johnson, M A

    1983-03-01

    Energy analysis contributed to the public debate on the gasohol program in the U.S., where this analysis became a legal requirement. The published energy analyses for gasohol are reviewed and the authors assess their inherent assumptions and data sources. The analyses are normalized to S.I. units to facilitate comparisons. The process of rationalizing the various treatments uncovered areas of uncertainties, particularly in the methodologies which could be used to analyze some parts of the process. Although the definitive study has still to be written, the consensus is that maize-to-fuel ethanol via the traditional fermentation route is a net consumer of energy.

  16. Analysis of an option to finance the investment in a nuclear power plant

    International Nuclear Information System (INIS)

    Villanueva M, C.

    2011-11-01

    According to the recent projection of costs of electric generation published by the International Atomic Energy Agency, with a rate of discount of 10% annual the even unitary cost of a nuclear power station of 1,400 MW of capacity would be 98. 75 USD 2010 /MWh, while for a combined cycle of same capacity that burns natural gas the cost it would be 92. 11 USD 2010 /MWh, operating the power stations with a capacity factor of 85% to generate 10,424 annual G Wh. To 5% annual, the costs would decrease at 58. 53 USD 2010 /MWh for the nuclear energy and at 85. 77 USD 2010 /MWh for the combined cycle. In an indifference analysis of the price of natural gas against the investment cost in the nuclear, with a rate of discount of 10% annual the common cost would be 97. 31 USD 2010 /MWh, when the even price of the natural gas was 10. 50 USD 2010 /G J and simultaneously the unitary cost of investment of the nuclear was 4,023 USD 2010 /kw. Under similar conditions, if the investment in the nuclear power station was 4,163 USD 2010 /Kw to redeem it in 60 years of economic useful life the equivalent annuity would be of USD 2010 790.060 millions that would have the same value of the annual invoice of the natural gas consumed by the combined cycle power station to the price of 12. 00 USD 2010 /G J. Then, as example of an excellent option of the Federal Commission of Electricity to finance with own resources budget them a new nuclear power station, the investment could redeem annually with the savings that it would represent to stop to burn natural gas when displacing the equivalent generation in central of combined cycle. (Author)

  17. Energy-Water Nexus | Energy Analysis | NREL

    Science.gov (United States)

    Nexus Energy-Water Nexus Water is required to produce energy. Energy is required to pump, treat , and transport water. The energy-water nexus examines the interactions between these two inextricably linked sectors. A cartoon showing the nexus of water and energy using red and blue arrows to indicate the

  18. A Decision Support Framework for Feasibility Analysis of International Space Station (ISS) Research Capability Enhancing Options

    Science.gov (United States)

    Ortiz, James N.; Scott,Kelly; Smith, Harold

    2004-01-01

    The assembly and operation of the ISS has generated significant challenges that have ultimately impacted resources available to the program's primary mission: research. To address this, program personnel routinely perform trade-off studies on alternative options to enhance research. The approach, content level of analysis and resulting outputs of these studies vary due to many factors, however, complicating the Program Manager's job of selecting the best option. To address this, the program requested a framework be developed to evaluate multiple research-enhancing options in a thorough, disciplined and repeatable manner, and to identify the best option on the basis of cost, benefit and risk. The resulting framework consisted of a systematic methodology and a decision-support toolset. The framework provides quantifiable and repeatable means for ranking research-enhancing options for the complex and multiple-constraint domain of the space research laboratory. This paper describes the development, verification and validation of this framework and provides observations on its operational use.

  19. THE THEORY OF REAL OPTIONS in investment ANALYSIS of agroforestry systems

    Directory of Open Access Journals (Sweden)

    Maísa Santos Joaquim

    2015-09-01

    Full Text Available In this study we compared the values generated by traditional economic analysis (Net Present Value - NPV with Real Options Method. The objective was to apply the method proposed by Copeland & Antikarov for rainbow options, due to three stochastic variables selected with decision of abandonment if the project value with flexibility was less than the value of the underlying stock. It enabled the flexibility value generation in order to entrepreneurs to have more confidence in their decision when they are investing in a project with Agroforestry System, with different scenarios visualization in a single analysis. The results evidenced that the economic viability analysis, using Real Options, provided the best view of the possible scenarios, within a range generated by the prices volatility. The Net Present Value adopted as the underlying stock value was R$ 5,684.32, using the discount rate (WACC of 9.95% and risk-free interest rate of 7.5%. To determine the volatility were calculated: the logarithmic return standard deviation (27.06, the average (0.0883, upward movements values (u (1.3107 with 61.34% of probability and downward movements values (d(0.7628 with 38.66%  of probability. The option value in case of abandonment was R$ 2,059.01/ha positive. The results showed that the NPV overestimated the project return and that it would be viable to abandon it.

  20. When to Wait for More Evidence? Real Options Analysis in Proton Therapy

    Science.gov (United States)

    Abrams, Keith R.; de Ruysscher, Dirk; Pijls-Johannesma, Madelon; Peters, Hans J.M.; Beutner, Eric; Lambin, Philippe; Joore, Manuela A.

    2011-01-01

    Purpose. Trends suggest that cancer spending growth will accelerate. One method for controlling costs is to examine whether the benefits of new technologies are worth the extra costs. However, especially new and emerging technologies are often more costly, while limited clinical evidence of superiority is available. In that situation it is often unclear whether to adopt the new technology now, with the risk of investing in a suboptimal therapy, or to wait for more evidence, with the risk of withholding patients their optimal treatment. This trade-off is especially difficult when it is costly to reverse the decision to adopt a technology, as is the case for proton therapy. Real options analysis, a technique originating from financial economics, assists in making this trade-off. Methods. We examined whether to adopt proton therapy, as compared to stereotactic body radiotherapy, in the treatment of inoperable stage I non-small cell lung cancer. Three options are available: adopt without further research; adopt and undertake a trial; or delay adoption and undertake a trial. The decision depends on the expected net gain of each option, calculated by subtracting its total costs from its expected benefits. Results. In The Netherlands, adopt and trial was found to be the preferred option, with an optimal sample size of 200 patients. Increase of treatment costs abroad and costs of reversal altered the preferred option. Conclusion. We have shown that real options analysis provides a transparent method of weighing the costs and benefits of adopting and/or further researching new and expensive technologies. PMID:22147003

  1. The Land Value Tax in Jamaica:An Analysis and Options for Reform

    OpenAIRE

    David L. Sjoquist

    2004-01-01

    This Working Paper on the property tax contains an Executive Summary and four chapters. In Chapter One we describe how the Jamaican property tax functions. In Chapter Two we present an analysis of various problems and issues that surround of the property tax. Chapter Three, which was co-authored with Ki-Whan Choi, presents an analysis of a land value tax versus a capital value tax. Finally, in Chapter Four we present options for reform.

  2. Electricity supply: Supporting analysis for the National Energy Strategy

    International Nuclear Information System (INIS)

    1991-01-01

    This report has been prepared by the Energy Information Administration at the request of the Department of Energy's Office of Policy, Planning and Analysis. The results are based on assumptions provided by the Department of Energy's Office of Conservation and Renewable Energy, the Office of Nuclear Energy, the Office of Fossil Energy, and the Office of Policy, Planning and Analysis. This report serves as an auxiliary document to the publication, Improving Technology: Modeling Energy Futures for the National Energy Strategy, prepared by the Energy Information Administration (EIA), to be used as input to the development of a National Energy Strategy. The excursions discussed in this report are not necessarily the policy options which will be selected for inclusion in the National Energy Strategy (NES). This report examines the effects of various supply side options for electric utilities. The three excursions presented are: (1) Effects of the Clean Air Act Amendments on Reducing SO 2 /NO x Emissions which evaluates the impacts of proposed legislation to amend the Clean Air Act (Title V of H.R. 3030 as amended on May 23, 1990); (2) Nuclear Life Extension/New Nuclear Orders which illustrates the impact of new nuclear power plant orders and the life extension of existing nuclear plants; and (3) Nuclear and Accelerated Fossil-Fueled Generating Technologies which portrays accelerated research and development of advanced fossil-fueled generating technologies, making them commercially available earlier, with the inclusion of the nuclear option. The baseline case of this report is an update and an extension of the base case projections in the Energy Information Administration (EIA) publication, the Annual Energy Outlook 1990 (AEO), extending that forecast an additional 20 years to 2030. It represents the baseline case as it was on July 1990. 29 refs., 9 figs., 19 tabs. (JF)

  3. Economic Analysis of Nuclear Energy

    International Nuclear Information System (INIS)

    Lee, Han Myung; Lee, M. K.; Moon, K. H.; Kim, S. S.; Lim, C. Y.; Song, K. D.; Oh, K. B.

    2002-12-01

    This study deals with current energy issues, environmental aspects of energy, project feasibility evaluation, and activities of international organizations. Current energy issues including activities related with UNFCCC, sustainable development, and global concern on energy issues were surveyed with focusing on nuclear related activities. Environmental aspects of energy includes various topics such as, inter- industrial analysis of nuclear sector, the role of nuclear power in mitigating GHG emission, carbon capture and sequestration technology, hydrogen production by using nuclear energy, Life Cycle Analysis as a method of evaluating environmental impacts of a technology, and spent fuel management in the case of introducing fast reactor and/or accelerator driven system. Project feasibility evaluation includes nuclear desalination using SMART reactor, and introduction of COMFAR computer model, developed by UNIDO to carry out feasibility analysis in terms of business attitude. Activities of international organizations includes energy planning activities of IAEA and OECD/NEA, introduction of the activities of FNCA, one of the cooperation mechanism among Asian countries. In addition, MESSAGE computer model was also introduced. The model is being developed by IAEA to effectively handle liberalization of electricity market combined with environmental constraints

  4. Feasibility Study for the Ivano-Frankivsk District Heating Repowering: Analysis of Options

    Energy Technology Data Exchange (ETDEWEB)

    Markel, L.; Popelka, A.; Laskarevsky, V.

    2002-03-20

    Part of the U.S. Initiative on Joint Implementation with the Ukraine Inter-Ministerial Commission on Climate Change, financed by the US Department of Energy. The project was implemented by a team consisting of the US company SenTech, Inc. and the Ukrainian company Esco-West. The main objective of the effort was to assess available alternatives of Ivano-Frankivsk (I-F) District Heating repowering and provide information for I-F's investment decision process. This study provides information on positive and negative technical and economic aspects of available options. Three options were analyzed for technical merit and economic performance: 1. Installation of cogeneration system based on Gas Turbine (GT) and Heat Recovery Heat Exchanger with thermal capacity of 30 MW and electrical capacity of 13.5 MW. This Option assumes utilization of five existing boilers with total capacity of 221 MW. Existing boilers will be equipped with modern controls. Equipment in this Option was sized for longest operating hours, about 8000 based on the available summer baseload. 2. Installation of Gas Turbine Combined Cycle (GTCC) and Heat Recovery Steam Generator (HRSG) with thermal capacity 45 MW and electrical capacity of 58.7 MW. This Option assumes utilization of five existing boilers with total capacity of 221 MW. Existing boilers will be equipped with modern controls. The equipment was sized for medium, shoulder season thermal load, and some cooling was assumed during the summer operation for extension of operating hours for electricity production. 3. Retrofit of six existing boilers (NGB) with total thermal capacity of 255.9 MW by installation of modern control system and minor upgrades. This option assumes only heat production with minimum investment. The best economic performance and the largest investment cost would result from alternative GTCC. This alternative has positive Net Present Value (NPV) with discount rate lower than about 12%, and has IRR slightly above 12%. The

  5. Carbon footprint and energy use of food waste management options for fresh fruit and vegetables from supermarkets.

    Science.gov (United States)

    Eriksson, Mattias; Spångberg, Johanna

    2017-02-01

    Food waste is a problem with economic, environmental and social implications, making it both important and complex. Previous studies have addressed food waste management options at the less prioritised end of the waste hierarchy, but information on more prioritised levels is also needed when selecting the best available waste management options. Investigating the global warming potential and primary energy use of different waste management options offers a limited perspective, but is still important for validating impacts from the waste hierarchy in a local context. This study compared the effect on greenhouse gas emissions and primary energy use of different food waste management scenarios in the city of Växjö, Sweden. A life cycle assessment was performed for four waste management scenarios (incineration, anaerobic digestion, conversion and donation), using five food products (bananas, tomatoes, apples, oranges and sweet peppers) from the fresh fruit and vegetables department in two supermarkets as examples when treated as individual waste streams. For all five waste streams, the established waste hierarchy was a useful tool for prioritising the various options, since the re-use options (conversion and donation) reduced the greenhouse gas emissions and the primary energy use to a significantly higher degree than the energy recovery options (incineration and anaerobic digestion). The substitution of other products and services had a major impact on the results in all scenarios. Re-use scenarios where food was replaced therefore had much higher potential to reduce environmental impact than the energy recovery scenarios where fossil fuel was replaced. This is due to the high level of resources needed to produce food compared with production of fossil fuels, but also to fresh fruit and vegetables having a high water content, making them inefficient as energy carriers. Waste valorisation measures should therefore focus on directing each type of food to the waste

  6. Institutional analysis for energy policy

    Energy Technology Data Exchange (ETDEWEB)

    Morris, F.A.; Cole, R.J.

    1980-07-01

    This report summarizes principles, techniques, and other information for doing institutional analyses in the area of energy policy. The report was prepared to support DOE's Regional Issues Identification and Assessment (RIIA) program. RIIA identifies environmental, health, safety, socioeconomic, and institutional issues that could accompany hypothetical future scenarios for energy consumption and production on a regional basis. Chapter 1 provides some theoretical grounding in institutional analysis. Chapter 2 provides information on constructing institutional maps of the processes for bringing on line energy technologies and facilities contemplated in RIIA scenarios. Chapter 3 assesses the institutional constraints, opportunities, and impacts that affect whether these technologies and facilities would in fact be developed. Chapters 4 and 5 show how institutional analysis can support use of exercises such as RIIA in planning institutional change and making energy policy choices.

  7. Evaluation of food waste disposal options by LCC analysis from the perspective of global warming: Jungnang case, South Korea

    International Nuclear Information System (INIS)

    Kim, Mi-Hyung; Song, Yul-Eum; Song, Han-Byul; Kim, Jung-Wk; Hwang, Sun-Jin

    2011-01-01

    Highlights: → Various food waste disposal options were evaluated from the perspective of global warming. → Costs of the options were compared by the methodology of life cycle assessment and life cycle cost analysis. → Carbon price and valuable by-products were used for analyzing environmental credits. → The benefit-cost ratio of wet feeding scenario was the highest. - Abstract: The costs associated with eight food waste disposal options, dry feeding, wet feeding, composting, anaerobic digestion, co-digestion with sewage sludge, food waste disposer, incineration, and landfilling, were evaluated in the perspective of global warming and energy and/or resource recovery. An expanded system boundary was employed to compare by-products. Life cycle cost was analyzed through the entire disposal process, which included discharge, separate collection, transportation, treatment, and final disposal stages, all of which were included in the system boundary. Costs and benefits were estimated by an avoided impact. Environmental benefits of each system per 1 tonne of food waste management were estimated using carbon prices resulting from CO 2 reduction by avoided impact, as well as the prices of by-products such as animal feed, compost, and electricity. We found that the cost of landfilling was the lowest, followed by co-digestion. The benefits of wet feeding systems were the highest and landfilling the lowest.

  8. Is Solar Power The Best Energy Option To Meet Our Future Demands

    Directory of Open Access Journals (Sweden)

    Samyak Shami

    2015-08-01

    Full Text Available Abstract Currently about 65 of global electricity generation now is fossil fuel-based spewing 13 giga tonnes of CO2 . With mass production and innovations in technology the prices of renewable energy sources have plummeted to such levels where have become a welcoming option even without the subsidies.China has installed nearly 100 gigawatts GW of wind power and plans to double it within the next five years while Britain is also in offshore wind power in a big way. However oil continues to be the most valued fuel source as almost all of it is consumed in internal combustion IC engines mostly for transport and some for captive power plants. Biofuels and hydrogen fuel cells may be used as alternatives to petrol but biofuels which include ethanol hamper the performance of a vehicle.The production cost of solar power panels has come down so much that they are competing with the coal-based power even without the subsidy. The solar powered lanterns made up of a few light-emitting diodes are bringing light and enhancing the quality of life in the worlds poorest regions which are also located in the equatorial region. The US Department of Energys target is to produce 27 of Americas electricity using solar power by 2050 up from less than 1 today. In Australia solar power panels most of them on rooftops cater to almost 10 of the demand. About 25 households of South Australia have solar power followed by Queensland 22 and Western Australia 18.Modern innovations in solar cells show enormous capabilities for them to be used extensively on windows buildings even cell phones or any device that has a clear surface. Similar strides have been made in concentrated solar power. The Solar power however has limitations too. It can not generate power during night or when sky is overcast. Excessive power generated by solar panels has led to a crisis in Germany and elsewhere to the extent that generating companies in addition to selling were also paying back the managers

  9. Kokhanok Renewable Energy Retrofit Analysis

    Energy Technology Data Exchange (ETDEWEB)

    Baring-Gould, Edward I. [National Renewable Energy Lab. (NREL), Golden, CO (United States); Haase, Scott G. [National Renewable Energy Lab. (NREL), Golden, CO (United States); Jimenez, Antonio [National Renewable Energy Lab. (NREL), Golden, CO (United States); Olis, Daniel R. [National Renewable Energy Lab. (NREL), Golden, CO (United States)

    2017-12-21

    In 2010, the community of Kokhanok, Alaska, installed two 90-kW wind turbines, battery storage, a converter, and equipment for integration. Researchers at the National Renewable Energy Laboratory performed an analysis and modeling using the HOMER and REopt software modeling packages.The analysis was designed to answer the following questions: 1) What is required to achieve a 50 percent reduction in power plant diesel fuel consumption in a diesel microgrid? 2) What is required to achieve a 50 percent reduction in 'total' (diesel and heating oil) consumption in a remote community? 3) What is the impact and role of energy efficiency? This presentation provides an introduction to the community of Kokhanok, Alaska; a summary of energy data; and an overview of analysis results and conceptual design.

  10. Economic analysis of nuclear energy

    Energy Technology Data Exchange (ETDEWEB)

    Song, Ki Dong; Lee, M. K.; Moon, K. H.; Kim, S. S.; Lim, C. Y.; Kim, H. S

    1999-12-01

    The objective of this study is to analyze how the economics of nuclear power generation are affected by the change in nuclear environmental factors and then, to suggest desirable policy directions to improve the efficiency of the use of nuclear energy resources in korea. This study focused to analyze the impact of the change in 3 major nuclear environmental factors in Korea on the economics of nuclear power generation. To do this, environmental external cost, nuclear R and fund, and carbon emission control according to UNFCCC were selected as the major factors. First of all, this study evaluated the impacts on the health and the environment of air pollutants emitted from coal power plant and nuclear power plant, two major electric power generating options in Korea. Then, the environmental external costs of those two options were estimated by transforming the health and environmental impact in to monetary values. To do this, AIRPACTS and 'Impacts of atmospheric release' model developed by IAEA were used. Secondly, the impact of nuclear R and D fund raised by the utility on the increment of nuclear power generating cost was evaluated. Then, the desirable size of the fund in Korea was suggested by taking into consideration the case of Japan. This study also analyzed the influences of the fund on the economics of nuclear power generation. Finally, the role of nuclear power under the carbon emission regulation was analyzed. To do this, the econometric model was developed and the impact of the regulation on the national economy was estimated. Further efforts were made to estimate the role by developing CGE model in order to improve the reliability of the results from the econometric model.

  11. Economic analysis of nuclear energy

    International Nuclear Information System (INIS)

    Song, Ki Dong; Lee, M. K.; Moon, K. H.; Kim, S. S.; Lim, C. Y.; Kim, H. S.

    1999-12-01

    The objective of this study is to analyze how the economics of nuclear power generation are affected by the change in nuclear environmental factors and then, to suggest desirable policy directions to improve the efficiency of the use of nuclear energy resources in korea. This study focused to analyze the impact of the change in 3 major nuclear environmental factors in Korea on the economics of nuclear power generation. To do this, environmental external cost, nuclear R and fund, and carbon emission control according to UNFCCC were selected as the major factors. First of all, this study evaluated the impacts on the health and the environment of air pollutants emitted from coal power plant and nuclear power plant, two major electric power generating options in Korea. Then, the environmental external costs of those two options were estimated by transforming the health and environmental impact in to monetary values. To do this, AIRPACTS and 'Impacts of atmospheric release' model developed by IAEA were used. Secondly, the impact of nuclear R and D fund raised by the utility on the increment of nuclear power generating cost was evaluated. Then, the desirable size of the fund in Korea was suggested by taking into consideration the case of Japan. This study also analyzed the influences of the fund on the economics of nuclear power generation. Finally, the role of nuclear power under the carbon emission regulation was analyzed. To do this, the econometric model was developed and the impact of the regulation on the national economy was estimated. Further efforts were made to estimate the role by developing CGE model in order to improve the reliability of the results from the econometric model

  12. Policies and design elements for the repowering of wind farms: A qualitative analysis of different options

    International Nuclear Information System (INIS)

    Rio, Pablo del; Calvo Silvosa, Anxo; Iglesias Gomez, Guillermo

    2011-01-01

    Repowering of a wind farm is the process of replacing existing wind turbines with new turbines that either have a larger nameplate capacity or more efficiency, resulting in a net increase of the power generated. Although repowering brings, both, social and private benefits, there are also several obstacles to repowering which justify public support. The aim of this paper is to provide an overview and a qualitative analysis of instruments and design options to support repowering of on-shore wind farms. The multicriteria analysis carried out in this paper shows that all instruments have their advantages and drawbacks. However, feed-in tariffs and investment subsidies seem to be particularly appropriate instruments in this regard. Furthermore, we provide an assessment of different design options to promote repowering according to key assessment criteria. The relevance of design elements hinges on the fact that these are the ones directly affecting the variables that are relevant in the decision to repower (capacity factors and investment costs). - Research highlights: → This paper provides a qualitative analysis of instruments and design options to support repowering in wind farms. → The multicriteria analysis has shown that all instruments have their advantages and drawbacks regarding promotion of repowering. → However, feed-in tariffs and investment subsidies seem to be particularly appropriate instruments in this regard. → The choice of design elements within instruments is at least as important to promote repowering as the choice of specific instruments.

  13. Hawaii Energy Strategy Project 2: Fossil Energy Review. Task IV. Scenario development and analysis

    Energy Technology Data Exchange (ETDEWEB)

    Yamaguchi, N.D.; Breazeale, K. [ed.

    1993-12-01

    The Hawaii Energy Strategy (HES) Program is a seven-project effort led by the State of Hawaii Department of Business, Economic Development & Tourism (DBEDT) to investigate a wide spectrum of Hawaii energy issues. The East-West Center`s Program on Resources: Energy and Minerals, has been assigned HES Project 2, Fossil Energy Review, which focuses on fossil energy use in Hawaii and the greater regional and global markets. HES Project 2 has four parts: Task I (World and Regional Fossil Energy Dynamics) covers petroleum, natural gas, and coal in global and regional contexts, along with a discussion of energy and the environment. Task II (Fossil Energy in Hawaii) focuses more closely on fossil energy use in Hawaii: current utilization and trends, the structure of imports, possible future sources of supply, fuel substitutability, and energy security. Task III`s emphasis is Greenfield Options; that is, fossil energy sources not yet used in Hawaii. This task is divided into two sections: first, an in-depth {open_quotes}Assessment of Coal Technology Options and Implications for the State of Hawaii,{close_quotes} along with a spreadsheet analysis model, which was subcontracted to the Environmental Assessment and Information Sciences Division of Argonne National Laboratory; and second, a chapter on liquefied natural gas (LNG) in the Asia-Pacific market and the issues surrounding possible introduction of LNG into the Hawaii market.

  14. Assessment of the energy requirements and selected options facing major consumers within the Egyptian industrial and agricultural sectors. Final report

    Energy Technology Data Exchange (ETDEWEB)

    1978-05-31

    The objectives of the energy assessment study of Egypt are to develop an understanding of the current status of the principal energy users in Egypt's industrial and agricultural sectors; to estimate the energy demand and efficiency for each selected subsector within these major sectors; to identify opportunities for fuel type changes, technology switches, or production pattern changes which might increase the efficiency with which Egypt's energy is used both now and in the future: and based on options identified, to forecast energy efficiencies for selected Egyptian subsectors for the years 1985 and 2000. Study results are presented for the iron and steel, aluminium, fertilizer, chemical, petrochemical, cement, and textile industries and automotive manufacturers. Study results for drainage, irrigation, and mechanization procedures in the agricultural sector and food processing sector are also presented. (MCW)

  15. 10 CFR 420.17 - Optional elements of State Energy Program plans.

    Science.gov (United States)

    2010-01-01

    ... businesses, in order to improve energy technology product development and independent quality control testing... following: (1) Program activities of public education to promote energy efficiency, renewable energy, and... peak demands for energy and improve the efficiency of energy supply systems, including electricity...

  16. Application of RELAP/SCDAPSIM with integrated uncertainty options to research reactor systems thermal hydraulic analysis

    International Nuclear Information System (INIS)

    Allison, C.M.; Hohorst, J.K.; Perez, M.; Reventos, F.

    2010-01-01

    The RELAP/SCDAPSIM/MOD4.0 code, designed to predict the behavior of reactor systems during normal and accident conditions, is being developed as part of the international SCDAP Development and Training Program (SDTP). RELAP/SCDAPSIM/MOD4.0, which is the first version of RELAP5 completely rewritten to FORTRAN 90/95/2000 standards, uses publicly available RELAP5 and SCDAP models in combination with advanced programming and numerical techniques and other SDTP-member modeling/user options. One such member developed option is an integrated uncertainty analysis package being developed jointly by the Technical University of Catalonia (UPC) and Innovative Systems Software (ISS). This paper briefly summarizes the features of RELAP/SCDAPSIM/MOD4.0 and the integrated uncertainty analysis package, and then presents an example of how the integrated uncertainty package can be setup and used for a simple pipe flow problem. (author)

  17. Construction strategies and lifetime uncertainties for nuclear projects: A real option analysis

    Energy Technology Data Exchange (ETDEWEB)

    Jain, Shashi, E-mail: s.jain@cwi.nl [TU Delft, Delft Institute of Applied Mathematics, Delft (Netherlands); Nuclear Research Group, Petten (Netherlands); Roelofs, Ferry, E-mail: roelofs@nrg.eu [Nuclear Research Group, Petten (Netherlands); Oosterlee, Cornelis W., E-mail: c.w.oosterlee@cwi.nl [CWI – Centrum Wiskunde and Informatica, Amsterdam (Netherlands); TU Delft, Delft Institute of Applied Mathematics, Delft (Netherlands)

    2013-12-15

    Highlights: • Real options can be used to value flexibility of modular reactors. • Value of NPPs increases with implementation of long term cost reductions. • Levels of uncertainties affect the choice between projects. -- Abstract: Small and medium sized reactors, SMRs (according to IAEA, ‘small’ are reactors with power less than 300 MWe, and ‘medium’ with power less than 700 MWe) are considered as an attractive option for investment in nuclear power plants. SMRs may benefit from flexibility of investment, reduced upfront expenditure, and easy integration with small sized grids. Large reactors on the other hand have been an attractive option due to economy of scale. In this paper we focus on the advantages of flexibility due to modular construction of SMRs. Using real option analysis (ROA) we help a utility determine the value of sequential modular SMRs. Numerical results under different considerations, like possibility of rare events, learning, uncertain lifetimes are reported for a single large unit and modular SMRs.

  18. Construction strategies and lifetime uncertainties for nuclear projects: A real option analysis

    International Nuclear Information System (INIS)

    Jain, Shashi; Roelofs, Ferry; Oosterlee, Cornelis W.

    2013-01-01

    Highlights: • Real options can be used to value flexibility of modular reactors. • Value of NPPs increases with implementation of long term cost reductions. • Levels of uncertainties affect the choice between projects. -- Abstract: Small and medium sized reactors, SMRs (according to IAEA, ‘small’ are reactors with power less than 300 MWe, and ‘medium’ with power less than 700 MWe) are considered as an attractive option for investment in nuclear power plants. SMRs may benefit from flexibility of investment, reduced upfront expenditure, and easy integration with small sized grids. Large reactors on the other hand have been an attractive option due to economy of scale. In this paper we focus on the advantages of flexibility due to modular construction of SMRs. Using real option analysis (ROA) we help a utility determine the value of sequential modular SMRs. Numerical results under different considerations, like possibility of rare events, learning, uncertain lifetimes are reported for a single large unit and modular SMRs

  19. Dealing with uncertainty and pursuing superior technology options in risk management-The inherency risk analysis

    International Nuclear Information System (INIS)

    Helland, Aasgeir

    2009-01-01

    Current regulatory systems focus on the state of scientific evidence as the predominant factor for how to handle risks to human health and the environment. However, production and assessment of risk information are costly and time-consuming, and firms have an intrinsic disincentive to produce and distribute information about risks of their products as this could endanger their production opportunities and sales. An emphasis on more or better science may result in insufficient thought and attention going into the exploration of technology alternatives, and that risk management policies miss out on the possible achievement of a more favorable set of consequences. In this article, a method is proposed that combines risk assessment with the search for alternative technological options as a part of the risk management procedure. The method proposed is the inherency risk analysis where the first stage focuses on the original agent subject to investigation, the second stage focuses on identifying technological options whereas the third stage reviews the different alternatives, searching for the most attractive tradeoffs between costs and inherent safety. This is then used as a fundament for deciding which technology option to pursue. This method aims at providing a solution-focused, systematic technology-based approach for addressing and setting priorities for environmental problems. By combining risk assessment with a structured approach to identify superior technology options within a risk management system, the result could very well be a win-win situation for both company and the environment.

  20. Evaluation of design options for improving the energy efficiency of an environmentally safe domestic refrigerator-freezer

    Energy Technology Data Exchange (ETDEWEB)

    Vineyard, E.A.; Sand, J.R. [Oak Ridge National Lab., TN (United States); Bohman, R.H.

    1995-03-01

    In order to reduce greenhouse emissions from power plants and respond to regulatory actions arising from the National Appliance Energy Conservation Act (NAECA), several design options were investigated for improving the energy efficiency of a conventionally designed, domestic refrigerator-freezer. The options, such as improved cabinet insulation and high-efficiency compressor and fans, were incorporated into a prototype refrigerator-freezer cabinet and refrigeration system to produce a unit that is superior from an environmental viewpoint due to its lower energy consumption and the use of refrigerant HFC-134a as a replacement for CFC-12. Baseline energy performance of the original 1993 production refrigerator-freezer, along with cabinet heat load and compressor calorimeter test results, were extensively documented to provide a firm basis for experimentally measured energy savings. A detailed refrigerator system computer model was used to evaluate the energy savings for several design modifications that, collectively, could achieve a targeted energy consumption of 1.00 kWh/d for a 20 ft{sup 3} (570 l) top-mount, automatic-defrost, refrigerator-freezer. The energy consumption goal represents a 50% reduction in the 1993 NAECA standard for units of this size. Following the modeling simulation, laboratory prototypes were fabricated and tested to experimentally verify the analytical results and aid in improving the model in those areas where discrepancies occurred. While the 1.00 kWh/d goal was not achieved with the modifications, a substantial energy efficiency improvement of 22% (1.41 kWh/d) was demonstrated using near-term technologies. It is noted that each improvement exacts a penalty in terms of increased cost or system complexity/reliability. Further work on this project will analyze cost-effectiveness of the design changes and investigate alternative, more-elaborate, refrigeration system changes to further reduce energy consumption.

  1. A conceptual framework for evaluating variable speed generator options for wind energy applications

    Science.gov (United States)

    Reddoch, T. W.; Lipo, T. A.; Hinrichsen, E. N.; Hudson, T. L.; Thomas, R. J.

    1995-01-01

    Interest in variable speed generating technology has accelerated as greater emphasis on overall efficiency and superior dynamic and control properties in wind-electric generating systems are sought. This paper reviews variable speed technology options providing advantages and disadvantages of each. Furthermore, the dynamic properties of variable speed systems are contrasted with synchronous operation. Finally, control properties of variable speed systems are examined.

  2. Economic Analysis of Nuclear Energy

    International Nuclear Information System (INIS)

    Kim, S. S.; Lee, M. K.; Moon, K. H.; Nam, J. H.; Noh, B. C.; Kim, H. R.

    2008-12-01

    The concerns on the global warming issues in the international community are bringing about a paradigm shift in the national economy including energy technology development. In this connection, the green growth mainly utilizing green technology, which emits low carbon, is being initiated by many advanced countries including Korea. The objective of the study is to evaluate the contribution to the national economy from nuclear energy attributable to the characteristics of green technology, to which nuclear energy belongs. The study covers the role of nuclear in addressing climate change issues, the proper share of nuclear in the electricity sector, the cost analyses of decommissioning and radioactive waste management, and the analysis on the economic performance of nuclear R and D including cost benefit analysis

  3. Wind power integration using individual heat pumps – Analysis of different heat storage options

    DEFF Research Database (Denmark)

    Hedegaard, Karsten; Mathiesen, Brian Vad; Lund, Henrik

    2012-01-01

    Significant installations of individual heat pumps are expected in future energy systems due to their economic competitiveness. This case study of the Danish energy system in 2020 with 50% wind power shows that individual heat pumps and heat storages can contribute to the integration of wind power....... Heat accumulation tanks and passive heat storage in the construction are investigated as two alternative storage options in terms of their ability to increase wind power utilisation and to provide cost-effective fuel savings. Results show that passive heat storage can enable equivalent to larger...... reductions in excess electricity production and fuel consumption than heat accumulation tanks. Moreover, passive heat storage is found to be significantly more cost-effective than heat accumulation tanks. In terms of reducing fuel consumption of the energy system, the installation of heat pumps is the most...

  4. Assessment of Greenhouse Gas Control Technology Options within the Energy, Water and Food Nexus

    Science.gov (United States)

    Al-Ansari, Tareq; Korre, Anna; Nie, Zhenggang; Shah, Nilay

    2015-04-01

    The utilisation of Energy, Water and Food (EWF) resources can be described as a nexus of complex linkages embodied in industrial and natural processes. Food production is one such example of a system that mobilises EWF resources to deliver a product which is highly influenced by the efficiency of the industrial processes contributing to it and the conditions of the surrounding natural environment. Aggregating the utilisation of EWF resources into interconnected sub-systems is necessary for the accurate representation of the system's dynamics in terms of its material flow and resource consumption. The methodology used in this study is an extension of previous work developed regarding nexus analysis (Al-Ansari et al. 2014a, Al-Ansari et al. 2014b). Life cycle assessment (LCA) is used to prepare detailed models of the sub-system components, determine the linkages between the different nexus constituents and evaluate impacts on the natural environment. The nexus system is comprised of water sub-systems represented by a reverse osmosis (RO) desalination process. Energy sub-systems for power generation include models for a combined cycle gas turbine (CCGT) and solar Photovoltaics (PV) energy generation, as well as an amine based CO2 capture process enabling the utilisation of CO2 for the artificial fertilization of crops. The agricultural sub-systems include the production and application of fertilizers and the raising of livestock. A biomass integrated gasification combined cycle (BIGCC) for power generation using waste manure from the livestock sub-system is also included. The objective of this study is to consider a conventional food system in Qatar and enhance its environmental performance by using a nexus approach to examine different scenarios and operating modes. For the Qatar case study, three scenarios and four modes of operation were developed as part of the analysis. The baseline scenario uses fossil fuel to power the entire EWF nexus system using CCGT, the

  5. Institutional options for rural energy access: Exploring the concept of the multifunctional platform in West Africa

    International Nuclear Information System (INIS)

    Nygaard, Ivan

    2010-01-01

    The concept of the multifunctional platform for rural energy access has increasingly been supported by donors in five West African countries since 1994. While it is often referred to as a highly successful concept, recent reviews and interviews with local stakeholders in Mali and Burkina Faso indicate that the high aspirations to be found in project descriptions and early evaluations are only partly reflected in activities on the ground. This paper illustrates how the multipurpose aspects of the platform have made the concept a nexus of potential achievements that are highly valued in the dominant discourse of development, and how including concerns, such as poverty alleviation, gender equity, local democracy, decentralisation and the environment, have attracted donors outside the energy sector. The paper thus argues that, while the integration of multiple technical functions, preconceived organisational set-ups and local fuel production have in fact had limited or even adverse effects on the outcome of the multifunctional platform programme, these virtues have proved essential in presenting the concept at the policy level. This analysis of the dilemma between mobilizing funding and implementing practical programmes provides an argument for building development aid on existing structures instead of inventing new complicated concepts and approaches.

  6. Economic Analysis of Nuclear Energy

    International Nuclear Information System (INIS)

    Lee, Man Ki; Moon, K. H.; Kim, S. S.; Lim, C. Y.; Song, K. D.; Lee, H. M.; Oh, K. B.

    2003-12-01

    This study consists of various issues as follows; electricity price regulation in the liberalized electricity market, establishment of carbon emission limit in national electricity sector, the role of nuclear power as an future energy supply option, the future prospect of CO2 capture and sequestration and current research status of that area in Korea, and Preliminary economic feasibility study of MIP(Medical Isotopes Producer). In the price regulation in the liberalized electricity market, the characteristic of liberalized electricity market in terms of regulation was discussed. The current status and future projection of GHG emission in Korean electricity sector was also investigated. After that, how to set the GHG emission limit in the national electricity sector was discussed. The characteristic of nuclear technology and the research in progress were summarized with the suggestion of the possible new application of nuclear power. The current status and future prospect of the CO2 capture and sequestration research was introduced and current research status of that area in Korea was investigated. Preliminary economic feasibility study of MIP(Medical Isotopes Producer), using liquid nuclear fuel to produce medical isotopes of Mo-99 and Sr-89, was performed

  7. A Novel Sensor Platform Matching the Improved Version of IPMVP Option C for Measuring Energy Savings

    OpenAIRE

    Tseng, Yen-Chieh; Lee, Da-Sheng; Lin, Cheng-Fang; Chang, Ching-Yuan

    2013-01-01

    It is easy to measure energy consumption with a power meter. However, energy savings cannot be directly computed by the powers measured using existing power meter technologies, since the power consumption only reflects parts of the real energy flows. The International Performance Measurement and Verification Protocol (IPMVP) was proposed by the Efficiency Valuation Organization (EVO) to quantify energy savings using four different methodologies of A, B, C and D. Although energy savings can be...

  8. Economic Analysis of Nuclear Energy

    International Nuclear Information System (INIS)

    Lee, Man Ki; Moon, K. H.; Kim, S. S.; Lim, C. Y.; Oh, K. B.

    2006-12-01

    It has been well recognized that securing economic viabilities along with technologies are very important elements in the successful implementation of nuclear R and D projects. The objective of the Project is to help nuclear energy to be utilized in an efficient way by analyzing major issues related with nuclear economics. The study covers following subjects: the role of nuclear in the future electric supply system, economic analysis of nuclear R and D project, contribution to the regional economy from nuclear power. In addition, the study introduces the international cooperation in the methodological area of efficient use of nuclear energy by surveying the international activities related with nuclear economics

  9. Economic Analysis of Nuclear Energy

    Energy Technology Data Exchange (ETDEWEB)

    Lee, Man Ki; Moon, K. H.; Kim, S. S.; Lim, C. Y.; Oh, K. B

    2006-12-15

    It has been well recognized that securing economic viabilities along with technologies are very important elements in the successful implementation of nuclear R and D projects. The objective of the Project is to help nuclear energy to be utilized in an efficient way by analyzing major issues related with nuclear economics. The study covers following subjects: the role of nuclear in the future electric supply system, economic analysis of nuclear R and D project, contribution to the regional economy from nuclear power. In addition, the study introduces the international cooperation in the methodological area of efficient use of nuclear energy by surveying the international activities related with nuclear economics.

  10. Emergy analysis of the recycling options for construction and demolition waste.

    Science.gov (United States)

    Yuan, Fang; Shen, Li-yin; Li, Qi-ming

    2011-12-01

    Construction and demolition (C&D) waste is becoming a major contributor to environmental pollution. In Shanghai, China, the quantity of C&D waste is 2.11E+07 t/yr, which accounts for 45% of the total quantity of solid waste. There has been a growing promotion of recycling C&D waste as an effective way to solve this waste problem. However, the evaluation of the efficiency of recycling C&D waste as a potential source of resources is largely based on traditional economic analysis. The economic analysis emphasizes money instead of the harmony between economic benefit and environmental effects. There is a need for a new strategic approach to investigate the efficiency of recycling C&D waste to achieve the integration between economic, social and environmental effects. Emergy theory can be employed to analyze different recycling options for C&D waste. With reference to the Chinese construction industry, this paper demonstrates that the close-loop recycling option is better than the open-loop recycling option for C&D waste in terms of the integration of social, environmental and sustainable aspects. To evaluate different technology solutions for C&D waste recycling, the emergy theory and method is not limited to a cost-benefit balance but can include economic, social, environmental and sustainable effects. Copyright © 2011 Elsevier Ltd. All rights reserved.

  11. Evaluation of Cloud Computing Hidden Benefits by Using Real Options Analysis

    Directory of Open Access Journals (Sweden)

    Pavel Náplava

    2016-12-01

    Full Text Available Cloud computing technologies have brought new attributes to the IT world. One of them is a flexibility of IT resources. It enables effectively both to downsize and upsize the capacity of IT resources in real time. Requirements for IT size change defines business strategy and actual market state. IT costs are not stable but dynamic in this case. Standard investment valuation methods (both static and dynamic are not able to include the flexibility attribute to the evaluation of IT projects. This article describes the application of the Real Options Analysis method for the valuation of the cloud computing flexibility. The method compares costs of the on-premise and cloud computing solutions by combining put and call option valuation. Cloud computing providers can use the method as an advanced tool that explains hidden benefits of cloud computing. Unexperienced cloud computing customers can simulate the market behavior and better plan necessary IT investments.

  12. A real option-based model for promoting sustainable energy projects under the clean development mechanism

    International Nuclear Information System (INIS)

    Lee, Hyounkyu; Park, Taeil; Kim, Byungil; Kim, Kyeongseok; Kim, Hyoungkwan

    2013-01-01

    The clean development mechanism (CDM) provides a way of assisting sustainable development in developing countries for developed countries to reduce greenhouse gas (GHG) emissions. Despite its intended benefits, the primary CDM market decreased from US$5.8 billion in 2006 to US$1.5 billion in 2010. One of the primary reasons for the reduction of market size is that developed countries as investors have a high level of risks caused by the volatility of the market price for certified emission reductions (CERs). Another issue to be resolved is that developing countries as host countries cannot claim any right to the CERs produced on their own land. This paper presents a real option-based model for both parties (developed and developing countries) to have their fair share of profits and risks by controlling the uncertainty associated with the future value of CERs. A case study illustrated that the proposed model can effectively attract investors to CDM projects leading to mitigation of climate change. - Highlights: ► This study focused on the risks associated with the uncertainty of future CER value in CDM projects. ► A real option-based model was developed for both parties in CDM to have fair share of profit and risk. ► Key variables and boundary conditions were identified for application of real option to CDM. ► The model allowed both parties to own options, which have an identical value. ► Hydropower plant projects in Indonesia were used to illustrate the implementation of the model

  13. Life cycle assessment integrated with thermodynamic analysis of bio-fuel options for solid oxide fuel cells.

    Science.gov (United States)

    Lin, Jiefeng; Babbitt, Callie W; Trabold, Thomas A

    2013-01-01

    A methodology that integrates life cycle assessment (LCA) with thermodynamic analysis is developed and applied to evaluate the environmental impacts of producing biofuels from waste biomass, including biodiesel from waste cooking oil, ethanol from corn stover, and compressed natural gas from municipal solid wastes. Solid oxide fuel cell-based auxiliary power units using bio-fuel as the hydrogen precursor enable generation of auxiliary electricity for idling heavy-duty trucks. Thermodynamic analysis is applied to evaluate the fuel conversion efficiency and determine the amount of fuel feedstock needed to generate a unit of electrical power. These inputs feed into an LCA that compares energy consumption and greenhouse gas emissions of different fuel pathways. Results show that compressed natural gas from municipal solid wastes is an optimal bio-fuel option for SOFC-APU applications in New York State. However, this methodology can be regionalized within the U.S. or internationally to account for different fuel feedstock options. Copyright © 2012 Elsevier Ltd. All rights reserved.

  14. A multilayered analysis of energy security research and the energy supply process

    International Nuclear Information System (INIS)

    Kiriyama, Eriko; Kajikawa, Yuya

    2014-01-01

    Highlights: • The analysis reveals that energy security research is highly multidisciplinary. • Diversification is important for ensuring security in the energy supply process. • A multilayered overview of the energy supply process is important for energy risk management. • Consumer lifestyle innovation will be a part of energy security in the future. - Abstract: After the Fukushima nuclear disaster, a reassessment of the energy system is needed in order to include such aspects as human security and resilience. More open and careful discussions are needed concerning the various risks and uncertainties of future energy options, both in Japan and globally. In this paper, we aim to offer a fundamental basis for discourse on energy security by analyzing the status and trends in academic publications on that issue. Our bibliometrics analysis indicates that research has shifted from promoting strategies for ensuring the self-sufficiency of the primary energy to diversification of the secondary energy supply chain by introducing energy networks consisting of an infrastructure established through international coordination. In the literature, the concept of energy security is ambiguous and allows for multiple interpretations. Our results illustrate the existence of highly multidisciplinary topics within energy security, which can be categorized into four perspectives: geopolitical, economic, policy related, and technological

  15. Analysis of policy options and implementation measures promoting electricity from renewable biomass in the EU

    International Nuclear Information System (INIS)

    Kautto, N.

    2005-04-01

    Biomass as a renewable energy source holds a great potential in responding to energy challenges of the future as well as meeting renewable energy targets set by the European Union. The objective of this study was to analyse various policy options and implementation measures promoting electricity from renewable biomass in the European Union, including new Member States (EU-25). The main political driving force behind this investigation was the RES-E Directive (2001/77/EC). The effectiveness of policy instruments regarding the development of electricity from biomass and biogas in the period of 1990-2002, and the framework conditions, i.e. success and risk factors, for this progress were assessed though a 'five-step approach'. Past development in terms of bioelectricity production and generating capacity was assessed based on statistics of Eurostat and the IEA. Policy instruments promoting bioelectricity and the framework factors on the national level in each EU Member State (excluding Cyprus and Malta) were investigated using the EU and governmental documents, independent evaluations and expert contacts as information sources. It became clear that determination of the effectiveness of policy instruments cannot be separated from the environment these mechanisms are applied to: mapping of the frame conditions for development is essential. Instead of selecting distinct policy instruments, successful Member State/bioelectricity combinations were chosen. The most successful combinations were found to be Germany, United Kingdom, Spain and Finland, whereas examples of unsuccessful measures were found in Greece, Luxembourg and the new Member States. Bioelectricity has clearly benefited from feed-in tariff system in countries like Germany but the use of biomass has essentially increased even without this measure in Sweden and Finland, where favourable taxation and strong links between forestry and power industries are defining factors for positive development. This study

  16. Transformation towards a Renewable Energy System in Brazil and Mexico—Technological and Structural Options for Latin America

    Directory of Open Access Journals (Sweden)

    Sonja Simon

    2018-04-01

    Full Text Available Newly industrialized countries face major challenges to comply with the Paris Treaty targets as economic growth and prosperity lead to increasing energy demand. Our paper analyses technological and structural options in terms of energy efficiency and renewable energies for a massive reduction of energy-related CO2 emissions in Latin America. Brazil and Mexico share similar growth prospects but differ significantly with respect to renewable energy potentials. We identify, how this leads to different transformation pathways. By applying an energy system balancing model we develop normative energy system transformation scenarios across the heating, power, and mobility sectors, including their potential interactions. The normative scenarios rely on three basic strategies for both countries: (1 strong exploitation of efficiency potentials; (2 tapping the renewable energy potentials; and (3 sector coupling and electrification of heat supply and transport. Despite economic growth, significant CO2 emission reductions could be achieved in Brazil from 440 Gt/a (2.2 t/cap in 2012 to 0.4 Gt (2 kg/cap in 2050 and in Mexico from 400 Gt/a (3.3 t/cap to 80 Gt (0.5 t/cap. Our study shows the gap between existing policy and scenarios and our strategies, which provide an economically feasible way to comply with the Paris treaty targets.

  17. Security of supply, energy spillage control and peaking options within a 100% renewable electricity system for New Zealand

    International Nuclear Information System (INIS)

    Mason, I.G.; Page, S.C.; Williamson, A.G.

    2013-01-01

    In this paper, issues of security of supply, energy spillage control, and peaking options, within a fully renewable electricity system, are addressed. We show that a generation mix comprising 49% hydro, 23% wind, 13% geothermal, 14% pumped hydro energy storage peaking plant, and 1% biomass-fuelled generation on an installed capacity basis, was capable of ensuring security of supply over an historic 6-year period, which included the driest hydrological year on record in New Zealand since 1931. Hydro spillage was minimised, or eliminated, by curtailing a proportion of geothermal generation. Wind spillage was substantially reduced by utilising surplus generation for peaking purposes, resulting in up to 99.8% utilisation of wind energy. Peaking requirements were satisfied using 1550 MW of pumped hydro energy storage generation, with a capacity factor of 0.76% and an upper reservoir storage equivalent to 8% of existing hydro storage capacity. It is proposed that alternative peaking options, including biomass-fuelled gas turbines and demand-side measures, should be considered. As a transitional policy, the use of fossil-gas–fuelled gas turbines for peaking would result in a 99.8% renewable system on an energy basis. Further research into whether a market-based system is capable of delivering such a renewable electricity system is suggested. - Highlights: • A 100% renewable electricity system was modelled over a 6-year period. • Security of supply was demonstrated, including for the driest year since 1931. • Stored energy spillage was controlled by using flexible base-load generation. • Wind energy utilisation of 99.8% was obtained. • Transitional use of fossil gas for peaking resulted in a 99.8% renewable system

  18. Islands in search of energy: Development of renewables and other options on the Seychelles

    Energy Technology Data Exchange (ETDEWEB)

    Gendron, S; Kristofersson, L

    1983-01-01

    This article describes the Seychelles energy situation in general and outlines efforts taken in implementing a reduction in the country's almost total dependence on imported oil. Energy problems are now aggravated by the present decline in tourism and exports. The main alternatives to oil are briefly discussed and a number of ongoing research and development programs are presented. The overall framework for energy development on the Seychelles is given by the Seychelles Integrated Energy Project, which was started three years ago.

  19. Energy efficiency in developing countries: policy options and the poverty dilemma

    Energy Technology Data Exchange (ETDEWEB)

    Pachauri, R K [Tata Energy Research Institute, New Delhi (India)

    1990-10-01

    Much of the rural population of the developing countries is poor and depends on agriculture for its living. One means of improving the standard of living of such poor peoples is through the introduction of modern, more intensive and therefore more productive agricultural methods. Such methods will require energy intensification. The resulting increase in energy demand, particularly electrical energy, will be very large, specially because the rural areas are least able to benefit from energy saving technologies. 7 figs., 7 refs., 2 tabs.

  20. Current work in energy analysis

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1998-03-01

    This report describes the work performed at Berkeley Lab most recently. One of the Labs accomplishments is the publication of Scenarios of US Carbon Reductions, an analysis of the potential of energy technologies to reduce carbon emissions in the US. This analysis is described and played a key role in shaping the US position on climate change in the Kyoto Protocol negotiations. The Labs participation in the fundamental characterization of the climate change issue by the IPCC is described. Described also is a study of leaking electricity, which is stimulating an international campaign for a one-watt ceiling for standby electricity losses from appliances. This ceiling has the potential to save two-thirds of the 5% of US residential electricity currently expended on standby losses. The 54 vignettes contained in the report summarize results of research activities ranging in scale from calculating the efficacy of individual lamp ballasts to estimating the cost-effectiveness of the national Energy Star{reg_sign} labeling program, and ranging in location from a scoping study of energy-efficiency market transformation in California to development of an energy-efficiency project in the auto parts industry in Shandong Province, China.

  1. Risø energy report 1. New and emerging technologies - options for the future

    DEFF Research Database (Denmark)

    Larsen, Hans Hvidtfeldt; Sønderberg Petersen, Leif

    2002-01-01

    National Laboratory. The global energy developments are presented based on the latestavailable information from authoritative sources like IEA, WEC, World Energy Assessment etc. Some of the major challenges are presented in terms of the changing energy markets in all regions, the focus on environmental...

  2. Evaluation of selected near-term energy-conservation options for the Midwest

    Energy Technology Data Exchange (ETDEWEB)

    Evans, A.R.; Colsher, C.S.; Hamilton, R.W.; Buehring, W.A.

    1978-11-01

    This report evaluates the potential for implementation of near-term energy-conservation practices for the residential, commercial, agricultural, industrial, transportation, and utility sectors of the economy in twelve states: Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin. The information used to evaluate the magnitude of achievable energy savings includes regional energy use, the regulatory/legislative climate relating to energy conservation, technical characteristics of the measures, and their feasibility of implementation. This work is intended to provide baseline information for an ongoing regional assessment of energy and environmental impacts in the Midwest. 80 references.

  3. Least cost analysis of Belarus electricity generation system with focus on nuclear option

    International Nuclear Information System (INIS)

    Mikhalevich, A.; Yakushau, A.

    2004-01-01

    accepted in Russia for NPP placement sites. The result of the preliminary studies had shown that there are at least three suitable sites for construction of the NPP. It allows including nuclear power option in the list of possible technologies for electricity generation. Optimal expansion plan of the electricity generation system based on installation new combine cycle units, co-generation units and nuclear power plants has been developed. Optimal least cost expansion plan has been chosen as a result of comparative analysis of the three scenarios: Scenario 1: Steam turbine, Combined cycle, Gas turbine, Co-generation turbine, Natural gas; Scenario 2: Steam turbine, Combined cycle, Gas turbine, Co-generation turbine, Natural gas, Coal; Scenario 3: Steam turbine, Combined cycle, Gas turbine, Co-generation turbine, Natural gas, Nuclear. Using WASP III plus computer code optimal electricity generation system expansion plan for each scenario had been found. Calculations had been carried out for discount rate equaled 8 %. The results of calculation are shown that electricity system expansion plan based on utilization of coal as a fuel has highest generation cost. Otherwise, implementation on nuclear power will allow decreasing generation cost up to 3.26 cents/kWh. In accordance with calculation optimal solution includes construction four nuclear units and first unit has to start up in 2014 year. For Scenario based on natural gas and nuclear fuel mix is expected to be least total electricity generation cost and it is most economically attractive option.(author)

  4. The nuclear energy like an option in Mexico before the climatic change

    International Nuclear Information System (INIS)

    Hernandez M, B.; Puente E, F.; Ortiz O, H. B.; Avila P, P.; Flores C, J.

    2014-10-01

    The current energy poverty, the future necessities of energy and the climatic change caused by the global warming, are factors that associates each, manifest with more clarity the unsustainable production way and energy consumption that demands the society in the current life. This work analyzes the nuclear energy generation like an alternative from the environmental view point that ties with the sustainable development and the formulation of energy use models that require the countries at global level. With this purpose were collected and reviewed documented data of the energy resources, current and future energy consumption and the international commitments of Mexico regarding to greenhouse gases reduction. For Mexico two implementation scenarios of nuclear reactors type BWR and A BWR were analyzed, in compliance with the goals and policy development established in the National Strategy of Climatic Change and the National Strategy of Energy; the scenarios were analyzed through the emissions to the air of CO 2 , (main gas of greenhouse effect) which avoids when the energy production is obtained by nuclear reactors instead of consumptions of traditional fuels, such as coal, diesel, natural gas and fuel oil. The obtained results reflect that the avoided emissions contribute from 4.2% until 40% to the national goal that Mexico has committed to the international community through the Convention Marco of the United Nations against the Climatic Change (CMNUCC). These results recommends to the nuclear energy like a sustainable energy solution on specific and current conditions for Mexico. (Author)

  5. Asia-Europe cooperation on energy security an overview of options and challenges

    Energy Technology Data Exchange (ETDEWEB)

    Nicolas, F.; Godement, F.; Yakushiji, T

    2005-07-01

    Asian and European economies are major players on the international energy markets. Because of broad similarities in the energy situation in both regions, and also because of some existing major differences, there is definitely scope for joint discussions and cooperation on energy issues between the countries of the two regions, despite possible competing interests. This document aims at examining the conditions for this possible cooperation, as well as the major incentives and obstacles. After a brief reminder on the notion of energy security, a first section provides a synthesis of the energy situation and outlook in the two regions. The next section focuses more specifically on energy security issues and policies, emphasizing the diversity of strategies followed in the two regions. The last section concludes by sketching possible avenues for cooperation on energy issues between countries of the two regions.

  6. Asia-Europe cooperation on energy security an overview of options and challenges

    International Nuclear Information System (INIS)

    Nicolas, F.; Godement, F.; Yakushiji, T.

    2005-01-01

    Asian and European economies are major players on the international energy markets. Because of broad similarities in the energy situation in both regions, and also because of some existing major differences, there is definitely scope for joint discussions and cooperation on energy issues between the countries of the two regions, despite possible competing interests. This document aims at examining the conditions for this possible cooperation, as well as the major incentives and obstacles. After a brief reminder on the notion of energy security, a first section provides a synthesis of the energy situation and outlook in the two regions. The next section focuses more specifically on energy security issues and policies, emphasizing the diversity of strategies followed in the two regions. The last section concludes by sketching possible avenues for cooperation on energy issues between countries of the two regions

  7. Liquid Wall Options for Tritium-Lean Fast Ignition Inertial Fusion Energy Power Plants

    International Nuclear Information System (INIS)

    Reyes, S.; Schmitt, R.C.; Latkowski, J.F.; Durbin, S.G.' Sanz, J.

    2002-01-01

    In an inertial fusion energy (FE) thick-liquid chamber design such as HYLEE-II, a molten-salt is used to attenuate neutrons and protect the chamber structures from radiation damage. In the case of a fast ignition inertial fusion system, advanced targets have been proposed that may be self-sufficient in terms of tritium breeding (i.e., the amount of tritium bred in target exceeds the amount burned). This aspect allows for greater freedom when selecting a liquid for the protective blanket, given that lithium-bearing compounds are no longer required. The present work assesses the characteristics of many single, binary, and ternary molten-salts using the NIST Properties of Molten Salts Database. As an initial screening, salts were evaluated for their safety and environmental (S and E) characteristics, which included an assessment of waste disposal rating, contact dose, and radioactive afterheat. Salts that passed the S and E criteria were then evaluated for required pumping power. The pumping power was calculated using three components: velocity head losses, frictional losses, and lifting power. The results of the assessment are used to identify those molten-salts that are suitable for potential liquid-chamber fast-ignition IFE concepts, from both the S and E and pumping power perspective. Recommendations for further analysis are also made

  8. Designing regulatory frameworks for merchant transmission investments by real options analysis

    International Nuclear Information System (INIS)

    Pringles, Rolando; Olsina, Fernando; Garcés, Francisco

    2014-01-01

    In deregulated electricity markets, the transmission network is a key infrastructure for enabling competition in the generation sector. A deficient expansion of the transmission grid prevents the realization of the benefits in terms of efficiency associated with market mechanisms. Consequently, it is essential to provide clear investment policies and economic signals to attract timely and efficient transmission investments in order to develop the system at minimum cost meeting the requirements of generators and consumers, while keeping adequate levels of service quality and reliability. This paper proposes a modern tool of economic evaluation based on real options analysis that provides the regulator the ability to assess various incentives that would lead transmission investors to make efficient decisions in highly uncertain environments. Real options properly values partially irreversible investment decisions, such as to defer, modify or abandon an investment project in response to the arrival of new information or as uncertainties are resolved. Decisions are evaluated from the point of view of a transmission investor trying to maximize its own profits in the time period set to recover the capital invested. The results allow the study of the behavior of transmission investors regarding their decision making when they have the possibility to manage the option to defer, under different regulatory schemes that encourage the expansion of the transmission system. - Highlights: • Regulatory frameworks for efficient and timely transmission expansions are designed. • Irreversibility and uncertainty of transmission investment is properly accounted for. • Response of network investors to regulatory incentives is quantitatively established

  9. Therapeutic Success of the Ketogenic Diet as a Treatment Option for Epilepsy: a Meta-analysis

    Science.gov (United States)

    Li, Hai-feng; Zou, Yan; Ding, Gangqiang

    2013-01-01

    Objective To systematically evaluate therapeutic success of the ketogenic diet (KD) as a treatment option for epilepsy. Methods Using MEDLINE and Google Scholar search, we searched for studies investigating the therapeutic success of ketogenic diet for epilepsy. We estimated therapeutic success rate for ketogenic diet as a treatment option for epilepsy and its 95% CIs using generic inverse variance method. Findings A total of 38 studies met the inclusion criteria. In retrospective studies, the weighted success rate of the patients who take the KD as a treatment option for epilepsy was 58.4% (95% confidence interval (95%CI)=48.7% – 69.9%) at 3 months (n=336); 42.8% (95%CI =36.3% – 50.3%) at 6 months (n=492), and 30.1% (95%CI =24.3% – 37.2%) at 12 months (n=387); in prospective studies, weighted success rate was 53.9% (95%CI 45.5% – 63.8%) at 3 months (n=474); 53.2% (95%CI =44.0% – 64.2%) at 6 months (n=321), and 55.0% (95%CI =45.9% – 65.9%) at 12 months (n=347). Conclusion This meta-analysis provides formal statistical support for the efficacy of the ketogenic diet in the treatment of epileptic patients. PMID:24910737

  10. Policy Options for Encouraging Energy Efficiency Best Practices in Shandong Province's Cement Industry

    Energy Technology Data Exchange (ETDEWEB)

    Price, Lynn [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Zhou, Nan [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Lu, Hongyou [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Sambeek, Emiel van [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Yowargana, Ping [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Shuang, Liu [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Kejun, Jiang [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)

    2012-07-12

    This research intends to explore possible design options for a sectoral approach in the cement sector in Shandong Province and to consider its respective advantages and disadvantages for future application. An effort has been made in this research to gather and analyze data that will provide a transparent and robust basis for development of a Business-As-Usual (BAU) scenario, maximum technology potential scenario, and ultimately a sector crediting baseline. Surveys among cement companies and discussions with stakeholders were also conducted in order to better understand the industry and local needs related to the sectoral approach.

  11. Feasibility analysis in the expansion proposal of the nuclear power plant Laguna Verde: application of real options, binomial model

    International Nuclear Information System (INIS)

    Hernandez I, S.; Ortiz C, E.; Chavez M, C.

    2011-11-01

    At the present time, is an unquestionable fact that the nuclear electrical energy is a topic of vital importance, no more because eliminates the dependence of the hydrocarbons and is friendly with the environment, but because is also a sure and reliable energy source, and represents a viable alternative before the claims in the growing demand of electricity in Mexico. Before this panorama, was intended several scenarios to elevate the capacity of electric generation of nuclear origin with a variable participation. One of the contemplated scenarios is represented by the expansion project of the nuclear power plant Laguna Verde through the addition of a third reactor that serves as detonator of an integral program that proposes the installation of more nuclear reactors in the country. Before this possible scenario, the Federal Commission of Electricity like responsible organism of supplying energy to the population should have tools that offer it the flexibility to be adapted to the possible changes that will be presented along the project and also gives a value to the risk to future. The methodology denominated Real Options, Binomial model was proposed as an evaluation tool that allows to quantify the value of the expansion proposal, demonstrating the feasibility of the project through a periodic visualization of their evolution, all with the objective of supplying a financial analysis that serves as base and justification before the evident apogee of the nuclear energy that will be presented in future years. (Author)

  12. A real option-based model to valuate CDM projects under uncertain energy policies for emission trading

    International Nuclear Information System (INIS)

    Park, Taeil; Kim, Changyoon; Kim, Hyoungkwan

    2014-01-01

    Highlights: • A real option-based model for the valuation of CDM projects is proposed. • This study investigates the impact of energy policies on the value of CDM projects. • Level of target emission and its schedule should be carefully designed. • Government subsidy facilitates the implementation of CDM projects. • Period for free emission allowance prevents promoting CDM projects. - Abstract: Emission trading has been considered a primary policy tool for emission reduction. Governments establish national targets for emission reduction and assign emission reduction goals to private entities to accomplish the targets. To attain the goal, private entities should perform offset projects that can produce emission credits or buy emission credits from the market. However, it is not easy for private entities to decide to implement the projects because energy policies associated with emission trading keep changing; thus, the future benefits of the offset projects are quite uncertain. This study presents a real option-based model to investigate how uncertain energy policies affect the financial viability of an offset project. A case study showed that the establishment of a target emission was attractive to the government because it could make the CDM project financially viable with a small amount of government subsidy. In addition, the level of the government subsidy could determine the investment timing for the CDM project. In this context, governments should be cautious in designing energy policies, because even the same energy policies could have different impacts on private entities. Overall, this study is expected to assist private entities in establishing proper investment strategies for CDM projects under uncertain energy policies

  13. Evaluation of energy efficiency opportunities of a typical Moroccan cement plant: Part I. Energy analysis

    International Nuclear Information System (INIS)

    Fellaou, S.; Bounahmidi, T.

    2017-01-01

    Highlights: • We have analyzed the degree of freedom of the overall system. • We validated the redundant measurements by the Lagrange multipliers technique. • We have analyzed the mass and the energy balances by two approaches. • We identified the factors that penalize the energetic performance of the whole plant. • We assessed options to improve energy efficiency of the entire cement plant. - Abstract: The cement industry is one of Morocco’s most highly energy intensive economic sectors. It suffers from abnormally high cost of energy supplies, representing more than two thirds of the cost of cement; the first item of expenditure is electricity and fuel with 40% and 30% respectively. Herefor, much more effort is needed to make the cement sector reach energy saving targets set by the Moroccan energy efficiency strategy. The present work aims to evaluate energy performance of an existing Moroccan cement plant based on a detailed mass and energy balances analysis. Redundant measurements were validated by the Lagrange multipliers technique before being used for the calculation of unmeasured variables. The values for energy consumption and related losses through the whole production line are reported, and the results obtained have been used to assess the energy performance of the process. The evaluation was completed by both an analysis of possible energy loss sources and important solutions described in the international literature to improve the energy efficiency of the entire cement plant.

  14. Comparing the Life Cycle Energy Consumption, Global Warming and Eutrophication Potentials of Several Water and Waste Service Options

    Science.gov (United States)

    Managing the water-energy-nutrient nexus for the built environment requires, in part, a full system analysis of energy consumption, global warming and eutrophication potentials of municipal water services. As an example, we evaluated the life cycle energy use, greenhouse gas (GHG...

  15. Risoe energy report 1. New and emerging technologies - options for the future

    International Nuclear Information System (INIS)

    Larsen, H.; Soenderberg Petersen, L.

    2002-10-01

    All over the world, increasing energy consumption, liberalisation of energy markets and the need to take action on climate change are producing new challenges for the energy sector. At the same time there is increasing pressure for research, new technology and industrial products to be socially acceptable and to generate prosperity. The result is a complex and dynamic set of conditions affecting decisions on investment in research and new energy technology. To meet these challenges in the decades ahead, industrialists and policymakers need appropriate analyse energy systems, plus knowledge of trends for existing technologies and prospects for emerging technologies. This is the background for this first Risoe Energy Report, which sets out the global, European and Danish energy scene together with trends in development and emerging technologies. The report is the first in a new series from Risoe National Laboratory. The global energy developments are presented based on the latest available information from authoritative sources like IEA, WEC, World Energy Assessment etc. Some of the major challenges are presented in terms of the changing energy markets in all regions, the focus on environmental concerns in the industrialised countries, and energy for development and access to energy for the poor in developing countries. The report presents the status of R and D in progress for supply technologies. The various technologies are assessed with respect to status, trends and perspectives for the technology, and international R and D plans. For the technologies where Risoe is undertaking R and D this is highlighted in a separate section. Recent studies of emerging energy technologies from international organisations and leading research organisations are reviewed. There are reviews of national research activities on new energy technologies in a number of countries as well as in Risoe National Laboratory. Conclusions for Danish energy supply, Danish industry, and Danish

  16. Analysis of sectoral energy conservation in Malaysia

    Energy Technology Data Exchange (ETDEWEB)

    Al-Mofleh, Anwar; Taib, Soib; Salah, Wael [School of Electrical and Electronics Engineering, Universiti Sains Malaysia, 14300 Nibong Tebal, Penang (Malaysia); Mujeebu, M. Abdul [School of Mechanical Engineering, Universiti Sains Malaysia, 14300 Nibong Tebal, Penang (Malaysia)

    2009-06-15

    The electrical energy consumption in Malaysia has increased sharply in the past few years, and modern energy efficient technologies are desperately needed for the national energy policy. This article presents a comprehensive picture of the current status of energy consumption and various energy conservation options viable for Malaysian environment. A detailed survey is made to assess the consumption pattern and the existing techniques for energy efficiency. Based on the survey, the feasibility of improving the available systems and adopting new programs in different sectors is investigated. The study reveals the fact that the energy conservation policy of the country has been fairly improved in the last ten years. However the country has to pay more attention to this area and make urgent measures to adopt more energy efficient technologies in various sectors. (author)

  17. Analysis of sectoral energy conservation in Malaysia

    International Nuclear Information System (INIS)

    Al-Mofleh, Anwar; Taib, Soib; Mujeebu, M. Abdul; Salah, Wael

    2009-01-01

    The electrical energy consumption in Malaysia has increased sharply in the past few years, and modern energy efficient technologies are desperately needed for the national energy policy. This article presents a comprehensive picture of the current status of energy consumption and various energy conservation options viable for Malaysian environment. A detailed survey is made to assess the consumption pattern and the existing techniques for energy efficiency. Based on the survey, the feasibility of improving the available systems and adopting new programs in different sectors is investigated. The study reveals the fact that the energy conservation policy of the country has been fairly improved in the last ten years. However the country has to pay more attention to this area and make urgent measures to adopt more energy efficient technologies in various sectors.

  18. Regulatory Options for Local Reserve Energy Markets: Implications for Prosumers, Utilities, and other Stakeholders

    OpenAIRE

    Rosen, Christiane; Madlener, Reinhard

    2014-01-01

    While the share of fluctuating renewable energy resources is constantly increasing, the centralized, hierarchical organization of the current energy system cannot adequately accommodate such decentralized electricity generation. New ideas have been developed for improved integration, especially in the lead market Germany. One of these concepts is the microgrid, a grid within the grid. This paper presents a local reserve energy market, which can facilitate the operation and allow trading withi...

  19. Nuclear energy option, as seen from the economic point of view

    International Nuclear Information System (INIS)

    Kuehne, K.

    1980-01-01

    The attempt is made to assess realistically the prospects of utilizing nuclear energy. The emphasis is more on realization probabilities in connection with other energy sources than on strategies and planning. In doing so, safety and environmental issues are left out. The developments of nearly two decades are outlined. The data presented come from quotations of numerous recognized studies. As a result, the author is sceptical vis-a-vis the minimum and maximum values set up for individual energy sources by the year 2000. A few critical remarks are made on the economy of nuclear energy compared to coal and petroleum. (UA) [de

  20. Economic analysis of nuclear energy

    International Nuclear Information System (INIS)

    Lee, Man Ki; Moon, K. H.; Kim, S. S.; Lim, C. Y.; Song, K. D.; Oh, K. B.

    2004-12-01

    This study evaluated the role of nuclear energy in various aspects in order to provide a more comprehensive standard of judgement to the justification of the utilization of nuclear energy. Firstly, this study evaluated the economic value addition of nuclear power generation technology and Radio-Isotope(RI) technology quantitatively by using modified Input-Output table. Secondly, a comprehensive cost-benefit analysis of nuclear power generation was conducted with an effort to quantify the foreign exchange expenditure, the environmental damage cost during 1986-2015 for each scenario. Thirdly, the effect of the regulation of CO 2 emission on the Korean electric supply system was investigated. In more detail, an optimal composition of power plant mix by energy source was investigated, under the assumption of the CO 2 emission regulation at a certain level, by using MESSAGE model. Finally, the economic spillover effect from technology self-reliance of NSSS by Korea Atomic Energy Research Institute was evaluated. Both production spillover effect and value addition spillover effect were estimated by using Input-Output table

  1. Savannah River Plant Low-Level Waste Heat Utilization Project preliminary analysis. Volume III. Preferred utilization options

    International Nuclear Information System (INIS)

    1978-11-01

    The technical, economic, environmental, and institutional considerations that must be resolved before implementing options to recover energy from the heated SRP effluent are examined. Detailed hypothetical siting options and expected economic returns are examined for power generation, prawn production, and one industrial park scenario. The likely indirect effects on regional population, income, taxes, and infrastructure requirements if the industrial park scenario is implemented are also projected. Recommendations for follow-on studies to make possible an informed go/no-go decision for implementing attractive waste heat options using reject SRP effluent are included

  2. Analysis of the options - rationale for servomanipulator maintenance in future reprocessing plants

    International Nuclear Information System (INIS)

    Herndon, J.N.; Hamel, W.R.

    1984-04-01

    The currently available maintenance systems which can be applied, in various combinations, to large-volume in-cell maintenance operations are: (1) contact, (2) overhead cranes, (3) power manipulators, (4) mechanical master/slave manipulators, and (5) servomanipulators. The requirements for reprocessing plant maintenance are reviewed, and the capabilities of remote maintenance systems are described. A basic trade-off analysis of these remote maintenance systems considering reprocessing plant requirements is given. Justification is given for selecting the overhead crane/servomanipulator-based maintenance concept as the option most desirable for future large reprocessing plant maintenance. 23 references, 6 tables

  3. Staging Options for the Air Force’s Electronic Combat Test Capability: a Cost Analysis

    Science.gov (United States)

    1990-09-01

    strategic in nature and completely different than daily operating decisions (20:6). Horngren , in his book Cost Accounting : A Managerial Emphasis...AFIT/GCA/LSY/90S-3 DTTC S E-191 J) C, STAGING OPTIONS FOR THE AIR FORCE’S ELECTRONIC COMBAT TEST CAPABILITY: A COST ANALYSIS THESIS Joseph J. Landino...Alternative Costs ......... 56 v AFIT/GCA/LSY/90S-3 Abstract This study’s purpose was to identify the lowest cost aircraft staging base( s ) for the Air

  4. A review of Danish integrated multi-energy system flexibility options for high wind power penetration

    DEFF Research Database (Denmark)

    Wang, Jiawei; Zong, Yi; You, Shi

    2017-01-01

    The current status of wind power and the energy infrastructure in Denmark is reviewed in this paper. The reasons for why Denmark is a world leader in wind power are outlined. The Danish government is aiming to achieve 100% renewable energy generation by 2050. A major challenge is balancing load...

  5. Energy consumption in the food chain - Comparing alternative options in food production and consumption

    NARCIS (Netherlands)

    Dutilh, CE; Kramer, KJ

    Energy consumption in the various stages of the food chain, provides a reasonable indicator for the environmental impact in the production of food. This paper provides specific information on the energy requirement for the main alternatives in each production stage, which should allow the

  6. Energy policy and the environmental challenges and options at the turn of the century

    Energy Technology Data Exchange (ETDEWEB)

    Holdgate, M. [Energy Advisory Panel (United Kingdom)

    1994-12-31

    In 1998, all domestic energy franchises, together with the coal contract and the Fossil-fuel Levy expire in the UK. Over the next 20 years, environmental factors will be an important part of the context within which energy policy and industrial investment involve. These factors and some of the likely developments are discussed. 8 refs.

  7. Communications data delivery system analysis task 2 report : high-level options for secure communications data delivery systems.

    Science.gov (United States)

    2012-05-16

    This Communications Data Delivery System Analysis Task 2 report describes and analyzes options for Vehicle to Vehicle (V2V) and Vehicle to Infrastructure (V2I) communications data delivery systems using various communication media (Dedicated Short Ra...

  8. Projection of energy use and greenhouse gas emissions by motor vehicles in China: Policy options and impacts

    International Nuclear Information System (INIS)

    Huo Hong; Wang, Michael; Zhang Xiliang; He Kebin; Gong Huiming; Jiang Kejun; Jin Yuefu; Shi Yaodong; Yu Xin

    2012-01-01

    We project the well-to-wheels (WTW) and tank-to-wheels (TTW) fossil-energy use, petroleum use, and greenhouse gas (GHG) emissions of the road-transport sector in China up to year 2050 and evaluate the effects of various potential policy options with the fuel economy and environmental impacts (FEEI) model ( (http://www.feeimodel.org/)). The policies evaluated include (1) vehicle fuel-consumption improvements, (2) dieselization, (3) vehicle electrification, and (4) fuel diversification, with plausible policy scenarios. Under the business-as-usual scenario, road transport in China would create 410–520 million metric tons (MMT) of oil-equivalent of TTW oil demand (three to four times the current level), 28–36 billion GJ of WTW energy demand, and 1900–2300 MMT of CO 2 -equivalent of WTW GHG emissions by 2050. The policies (in the same order as above) are projected to reduce the TTW oil demand by 35%, 10%, 29%, and 44%, and reduce WTW GHG emissions by 34%, 5%, 12%, and 13%, respectively, by 2050. This evaluation reveals that the fuel-consumption improvement policy could achieve greater benefit in reducing oil use, fossil-energy use, and GHG emissions. Implications of each policy option are discussed and the uncertainties associated with the policy scenarios are analyzed. - Highlights: ► Fuel-cycle energy use and GHG emissions of vehicles in China are projected up to 2050. ► Various policies are evaluated with the fuel economy and environmental impacts model. ► Fuel economy standards have greatest benefit in saving energy use and GHG emissions. ► Electrification is effective. Benefit of dieselization and fuel blending is limited.

  9. Application of the modified Tobin's q to an uncertain energy-saving project with the real options concept

    International Nuclear Information System (INIS)

    Lin, Tyrone T.; Huang, Shio-Ling

    2011-01-01

    This paper is to develop a modified Tobin's q evaluation method which successfully combines the evaluation criteria of the traditional Tobin's q and the real options. This study provides flexible thinking for decision making criteria. That is, it clearly provides decision-makers with a reference in choosing enter or exit strategies, such as quantitative indicators references. The proposed model introduces two variables stochastic process in continuous time and explores the impact of the occurrence of unexpected events on the project value, so that, it can more authentically response to the project value. The studied issue deals with the firms that have not established energy-saving equipment yet. It attempts to figure out the optimal timing to adopt an energy-saving investment project when it is beneficial and the optimal timing to terminate it when the continuous operation of that business is unprofitable. The future discounted benefit-cost ratio, Q, follows the geometric Brownian motion with the Poisson jump process and the replacement of investment equipment. Except for the evaluation of energy-saving equipment investment project, the proposed model can be applied to other related project evaluation issues, such as energy-saving, CO 2 emission reduction, or general investment projects. - Research highlights: → Develops an approach which combines the traditional Tobin's q and the real options. → Applies to general energy-saving project or other investment projects. → Can more authentically response to the project value with strategic entry and exit. → Provides flexible thinking for decision making criteria via modified Tobin's q model. → Reduces the model complexity and increases the flexibility in practice application.

  10. Integrated Portfolio Analysis: Return on Investment and Real Options Analysis of Intelligence Information Systems (Cryptologic Carry On Program)

    Science.gov (United States)

    2006-09-30

    14 IV. Proof-of-Concept: USS Readiness Case Study 16 A. Background 17 B. Applying KVA Methodology 19 C. KVA Results 20 D. Real Options Analysis 23...technology assets. • Quantifying intangible human capital assets (i.e., training, skills, knowledge). The average large company spends the equivalent of...Portfolios/Motorola, Unilever • IT Infrastructure/Credit Suisse • Electricity/Peaker-Plants • Acquisitions/Seagate • Contracts/Syngenta, GM Although

  11. Energy policy options--from the perspective of public attitudes and risk perceptions

    International Nuclear Information System (INIS)

    Viklund, Mattias

    2004-01-01

    In the present study a representative sample (N=797) of the Swedish population was surveyed, with regard to attitudes related to energy policy issues (e.g., environmental attitudes, risk perceptions, and attitudes towards different energy production systems), and self-reported electricity saving behavior. These factors were considered relevant in a Swedish energy policy context, due to the planned phase-out of nuclear power. Citizens' attitudes have traditionally been important factors in energy policy-making, especially nuclear policy. One of the conditions for a successful phase-out is decreased levels of electricity consumption among households and in industry, in order to compensate for the loss in energy production. Respondents reported positive attitudes to the environment in general and to electricity saving, while the attitudes to nuclear power as an energy production system in Sweden were relatively negative. Perceived risk was an important predictor of these attitudes and it was concluded that it is important to investigate factors behind this variable. The relationship between attitudes towards electricity saving and electricity saving behavior was weak. It is suggested that a contribution of psychological knowledge in energy conservation campaigns could be to elaborate on people's willingness to be public-spirited citizens in combination with their pro-environmental attitudes. Viklund (1999, Electricity saving: Attitudes and behavior of Swedish households. Center for Risk Research, Stockholm.) presented more data from the survey referred to here

  12. Sustainable Energy Transitions in China: Renewable Options and Impacts on the Electricity System

    Directory of Open Access Journals (Sweden)

    Xiaoyang Sun

    2016-11-01

    Full Text Available Chinese energy consumption has been dominated by coal for decades, but this needs to change to protect the environment and mitigate anthropogenic climate change. Renewable energy development is needed to fulfil the Intended Nationally Determined Contribution (INDC for the post-2020 period, as stated on the 2015 United Nations Climate Change Conference in Paris. This paper reviews the potential of renewable energy in China and how it could be utilised to meet the INDC goals. A business-as-usual case and eight alternative scenarios with 40% renewable electricity are explored using the EnergyPLAN model to visualise out to the year 2030. Five criteria (total cost, total capacity, excess electricity, CO2 emissions, and direct job creation are used to assess the sustainability of the scenarios. The results indicate that renewables can meet the goal of a 20% share of non-fossil energy in primary energy and 40%–50% share of non-fossil energy in electricity power. The low nuclear-hydro power scenario is the most optimal scenario based on the used evaluation criteria. The Chinese government should implement new policies aimed at promoting integrated development of wind power and solar PV.

  13. International energy assistance needs and options for the Democratic People's Republic of Korea (DPRK)

    International Nuclear Information System (INIS)

    Hippel, David F. von; Hayes, Peter; Williams, James H.; Greacen, Chris; Sagrillo, Mick; Savage, Timothy

    2008-01-01

    Recent agreements between the Democratic People's Republic of Korea (DPRK) and the other countries involved in the six-party talks on the future of the DPRK's nuclear weapons program have focused attention on the North Korean energy sector, and, specifically, what the international community can or should do to assist the DPRK in energy sector redevelopment. During two visits to North Korea in 1998 and 2000, a team of American and North Korean researchers conducted a unique rural energy use survey in a flood-affected rural village in the DPRK-the farming village of Unhari. The information gathered during the survey has important implications on how to properly approach the ongoing rural energy crisis in the DPRK, and, more broadly, to provide overall energy sector assistance. The results of the Unhari survey are described briefly, followed by suggestions of internal policy and legal reforms, approaches to international cooperation, key and attractive energy sector technologies and processes for energy sector redevelopment in the DPRK

  14. USP university students social representations and views on nuclear power as energy option

    International Nuclear Information System (INIS)

    Farias, Luciana A.; Favaro, Deborah I.T.

    2011-01-01

    The Nuclear Energy Research Institute (IPEN) is located on the campus of the University of Sao Paulo and has long been publishing nuclear science projects in order to improve public opinion and disseminate nuclear energy issues. However, few studies have investigated the perception of university students concerning nuclear energy. This study questioned whether the location of a nuclear research facility, as well as promotion of scientific projects, can positively influence student opinion when the nuclear research reactor is on campus and used purely for research purposes. This study further investigated the students' understanding of the terms 'nuclear energy' as well as their perception of the social issues involved. Free evocations of words were produced and collected starting from the stimulative inductor 'Nuclear Energy'. In this test, the interviewees are asked to associate five words and answer a questionnaire. A total of 124 students were interviewed for this study: 62 from the Chemistry, Pharmacy, Environmental Chemistry, Chemical Engineering and Nutrition Departments, 29 from the Oceanography Department and 33 from the Economics, Business Administration and Accounting Department. A total of 78% of the interviewed students answered that they had basic or average knowledge of nuclear energy, 46% claimed to have no knowledge of IPEN and the remainder students have answered that IPEN's activities were aimed at research in energy and production of radiopharmaceuticals, which shows little knowledge of the activities of the Institute. However, these students indicated Nuclear Energy as a strong for the diversification of energy sources. It should be noted that this study was undertaken before the nuclear accident caused by the 2011 Japan tsunami and earthquake. (author)

  15. The regional (Europe) project on study of energy options using the IAEA planning methodologies

    International Nuclear Information System (INIS)

    Molina, P.

    1997-01-01

    As a means to assist developing IAEA Member States in the Europe region in the broad area of energy, electricity and nuclear power planning, a new project has been implemented as part of the IAEA Technical Cooperation Programme. This paper describes the major objectives of this regional TC project and the activities to be organized in order to provide the required assistance. Focus is made on the present workshop and the current activities sponsored by the IAEA for further developments of the IAEA planning tools for energy, electricity and nuclear power planning with emphasis on the Energy and Power Evaluation Program (ENPEP) and the Wien Automatic System Planning (WASP) packages. (author)

  16. The regional (Europe) project on study of energy options using the IAEA planning methodologies

    Energy Technology Data Exchange (ETDEWEB)

    Molina, P [Division of Nuclear Power, International Atomic Energy Agency, Vienna (Austria)

    1997-09-01

    As a means to assist developing IAEA Member States in the Europe region in the broad area of energy, electricity and nuclear power planning, a new project has been implemented as part of the IAEA Technical Cooperation Programme. This paper describes the major objectives of this regional TC project and the activities to be organized in order to provide the required assistance. Focus is made on the present workshop and the current activities sponsored by the IAEA for further developments of the IAEA planning tools for energy, electricity and nuclear power planning with emphasis on the Energy and Power Evaluation Program (ENPEP) and the Wien Automatic System Planning (WASP) packages. (author).

  17. Feasibility study and economic analysis of pumped hydro storage and battery storage for a renewable energy powered island

    International Nuclear Information System (INIS)

    Ma, Tao; Yang, Hongxing; Lu, Lin

    2014-01-01

    Highlights: • Batteries and pumped hydro storage schemes are examined. • Sizing procedure for each option is investigated in detail. • The two schemes are compared in terms of life cycle cost and technical viability. • Sensitivity analyses are conducted on five key input parameters. - Abstract: This study examined and compared two energy storage technologies, i.e. batteries and pumped hydro storage (PHS), for the renewable energy powered microgrid power supply system on a remote island in Hong Kong. The problems of energy storage for off-grid renewable energy were analyzed. The sizing methods and economic models were developed, and finally applied in the real project (case study). The results provide the most suitable energy storage scheme for local decision-makers. The two storage schemes were further divided into 4 options. Accordingly, the life-cycle costs (LCC), levelized costs for the renewable energy storage system (LCRES) and the LCC ratios between all options were calculated and compared. It was found that the employment of conventional battery (Option 2) had a higher LCC value than the advanced deep cycle battery (Option 1), indicating that using deep cycle batteries is more suitable for a standalone renewable power supply system. The pumped storage combined with battery bank option (Option 3) had only 55% LCC of that of Option 1, making this combined option more cost-competitive than the sole battery option. The economic benefit of pumped storage is even more significant in the case of purely pumped storage with a hydraulic controller (Option 4), with the lowest LCC among all options at 29–48% of Option 1. Sensitivity analysis demonstrates that PHS is even more cost competitive by controlling some adjustments such as increasing energy storage capacity and days of autonomy. Therefore, the renewable energy system coupled with pumped storage presents technically feasible opportunities and practical potential for continuous power supply in remote

  18. Commercial Building Energy Saver: An energy retrofit analysis toolkit

    International Nuclear Information System (INIS)

    Hong, Tianzhen; Piette, Mary Ann; Chen, Yixing; Lee, Sang Hoon; Taylor-Lange, Sarah C.; Zhang, Rongpeng; Sun, Kaiyu; Price, Phillip

    2015-01-01

    Highlights: • Commercial Building Energy Saver is a powerful toolkit for energy retrofit analysis. • CBES provides benchmarking, load shape analysis, and model-based retrofit assessment. • CBES covers 7 building types, 6 vintages, 16 climates, and 100 energy measures. • CBES includes a web app, API, and a database of energy efficiency performance. • CBES API can be extended and integrated with third party energy software tools. - Abstract: Small commercial buildings in the United States consume 47% of the total primary energy of the buildings sector. Retrofitting small and medium commercial buildings poses a huge challenge for owners because they usually lack the expertise and resources to identify and evaluate cost-effective energy retrofit strategies. This paper presents the Commercial Building Energy Saver (CBES), an energy retrofit analysis toolkit, which calculates the energy use of a building, identifies and evaluates retrofit measures in terms of energy savings, energy cost savings and payback. The CBES Toolkit includes a web app (APP) for end users and the CBES Application Programming Interface (API) for integrating CBES with other energy software tools. The toolkit provides a rich set of features including: (1) Energy Benchmarking providing an Energy Star score, (2) Load Shape Analysis to identify potential building operation improvements, (3) Preliminary Retrofit Analysis which uses a custom developed pre-simulated database and, (4) Detailed Retrofit Analysis which utilizes real-time EnergyPlus simulations. CBES includes 100 configurable energy conservation measures (ECMs) that encompass IAQ, technical performance and cost data, for assessing 7 different prototype buildings in 16 climate zones in California and 6 vintages. A case study of a small office building demonstrates the use of the toolkit for retrofit analysis. The development of CBES provides a new contribution to the field by providing a straightforward and uncomplicated decision

  19. Renewable energy: possible options for cerrado and caatinga, Northeastern region, Brazil

    Energy Technology Data Exchange (ETDEWEB)

    Bastos-Netto, D. [Instituto Nacional de Pesquisas Espaciais (INPE), Cachoeira Paulista, SP (Brazil). Lab. Associado de Combustao e Propulsao

    1994-07-01

    This work suggests and discusses some alternatives to implement and/or complement the use of existing renewable energy sources by small and medium size communities in the cerrado and caatinga regions of Brazil. (author)

  20. Fossil fuels, renewable and nuclear options to meet the energy and the environmental challenges

    International Nuclear Information System (INIS)

    Bacher, P.; Moncomble, J.E.

    1995-01-01

    In order to meet the world strongly growing energy demand, and especially electricity demand, there are a number of primary energy sources: hydro and new renewable, oil, natural gas, coal and nuclear. The energy mix adopted in each country will depend on a number of factors, such as geography, security of supply, financing capacity, environment, etc. Shares of the different fuels in electricity output are reviewed. Nuclear energy facts and issues are discussed from safety, environment and economics points of view, with a particular view on long-lived wastes that can be and are strictly controlled; properly managed, a nuclear program can be very cost efficient as demonstrated in France, Belgium or Canada, and it has many advantages: site selection, security of supply, no air pollution. 3 refs., 5 figs

  1. The Nuclear Energy Option for the U.S. - How Far Are We from Public Acceptance?

    International Nuclear Information System (INIS)

    Biedscheid, J.A.; Devarakonda, M.

    2004-01-01

    The recent rise of oil and gasoline prices accompanied by reluctant acknowledgement that traditional sources of energy are limited has renewed public interest in renewable energy sources. This perspective on energy is focusing attention on and facilitating acceptance of alternative energy concepts, such as solar, wind, and biomass. The nuclear energy alternative, while clean with potentially abundant fuel supplies and associated with low costs, is burdened with the frequently negative public opinion reserved for things nuclear. Coincident with the heightened examination of alternative energy concepts, 2004 marks the 25-year anniversary of the Three Mile Island accident. Since this pivotal accident in 1979, no new reactor licenses have been granted in the U.S. The resolution of the issues of nuclear waste management and disposition are central to and may advance public discussions of the future use of nuclear energy. The U.S. Department of Energy (DOE) is currently preparing the licensing application for Yucca Mountain, which was designated in 2003 as the site for a high-level waste and spent nuclear fuel repository in the U.S. The DOE also has been operating a deep geologic repository for the permanent disposal of transuranic (TRU) waste since 1999. The operational status of the Waste Isolation Pilot Plant (WIPP) as a repository for TRU waste was successfully realized along with the lesson learned that stakeholder trust and acceptance are as critical to the success of a repository program as the resolution of technical issues and obtaining regulatory approvals. For the five years of its operation and for decades prior, the challenge of attaining public acceptance of the WIPP has persisted for reasons aligned with the opposition to nuclear energy. Due to this commonality, the nuclear waste approach to public acceptance, with its pros and cons, provides a baseline for the examination of an approach for the public acceptance of nuclear energy in the U.S. This paper

  2. Renewable energy and policy options in an integrated ASEAN electricity market: Quantitative assessments and policy implications

    International Nuclear Information System (INIS)

    Chang, Youngho; Li, Yanfei

    2015-01-01

    Energy market integration (EMI) in the ASEAN region is a promising solution to relieve the current immobilization of its renewable energy resources and would serve the fast increasing demand for electricity in the region. EMI could be further extended with coordinated policies in carbon pricing, renewable energy portfolio standards (RPS), and feed-in-tariffs (FIT) in the ASEAN countries. Using a linear dynamic programming model, this study quantitatively assesses the impacts of EMI and the above-mentioned policies on the development of renewable energy in the power generation sector of the region, and the carbon emissions reduction achievable with these policies. According to our results, EMI is expected to significantly promote the adoption of renewable energy. Along with EMI, FIT appears to be more cost-effective than RPS and is recommended for the ASEAN region, albeit political barriers for policy coordination among the countries might be a practical concern. In addition, an RPS of 30% electricity from renewable sources by 2030, which is considered politically a “low-hanging fruit”, would achieve moderate improvements in carbon emissions reductions and renewable energy development, while incurring negligible increases in the total cost of electricity. -- Highlights: •Energy market integration (EMI), carbon pricing, RPS, and FIT are examined for ASEAN. •EMI is a promising and feasible solution to promote renewable energy for ASEAN. •Along with EMI, FIT appears to be more cost-effective than RPS for ASEAN. •RPS of 30% by 2030 appears to be reasonable and feasible for ASEAN. •Coordinating FIT and RPS policies under EMI among ASEAN is advised

  3. Report on HVAC option selections for a relocatable classroom energy and indoor environmental quality field study

    OpenAIRE

    Apte, Michael G.; Delp, Woody W.; Diamond, Richard C.; Hodgson, Alfred T.; Kumar, Satish; Rainer, Leo I.; Shendell, Derek G.; Sullivan, Doug P.; Fisk, William J.

    2001-01-01

    It is commonly assumed that efforts to simultaneously develop energy efficient building technologies and to improve indoor environmental quality (IEQ) are unfeasible. The primary reason for this is that IEQ improvements often require additional ventilation that is costly from an energy standpoint. It is currently thought that health and productivity in work and learning environments requires adequate, if not superior, IEQ. Despite common assumptions, opportunities do exist to design bui...

  4. Benefits and Limitations of Real Options Analysis for the Practice of River Flood Risk Management

    Science.gov (United States)

    Kind, Jarl M.; Baayen, Jorn H.; Botzen, W. J. Wouter

    2018-04-01

    Decisions on long-lived flood risk management (FRM) investments are complex because the future is uncertain. Flexibility and robustness can be used to deal with future uncertainty. Real options analysis (ROA) provides a welfare-economics framework to design and evaluate robust and flexible FRM strategies under risk or uncertainty. Although its potential benefits are large, ROA is hardly used in todays' FRM practice. In this paper, we investigate benefits and limitations of a ROA, by applying it to a realistic FRM case study for an entire river branch. We illustrate how ROA identifies optimal short-term investments and values future options. We develop robust dike investment strategies and value the flexibility offered by additional room for the river measures. We benchmark the results of ROA against those of a standard cost-benefit analysis and show ROA's potential policy implications. The ROA for a realistic case requires a high level of geographical detail, a large ensemble of scenarios, and the inclusion of stakeholders' preferences. We found several limitations of applying the ROA. It is complex. In particular, relevant sources of uncertainty need to be recognized, quantified, integrated, and discretized in scenarios, requiring subjective choices and expert judgment. Decision trees have to be generated and stakeholders' preferences have to be translated into decision rules. On basis of this study, we give general recommendations to use high discharge scenarios for the design of measures with high fixed costs and few alternatives. Lower scenarios may be used when alternatives offer future flexibility.

  5. Photovoltaics as a worldwide energy option: A case study in development strategy

    International Nuclear Information System (INIS)

    Jones, G.; Pate, R.; Hill, R.

    1991-01-01

    Renewable energy technologies, such as solar thermal electric, photovoltaics (PV), and wind energy have made significant gains in cost and performance in the past decades. As a result, there have been high expectations on the part of the public for these sources to play a major role in future energy supply, especially as environmental concerns about conventional sources increase. Despite these past gains and high expectations, the global potential of renewable energy technologies still remains largely untapped, principally because of issues of industrialization and user acceptance. There is increasing recognition that government energy programs must incorporate a broader strategy than the traditional basic research role if they are to address these issues. Essential elements of this strategy are affordable technology, a healthy industry, sustained market growth, user acceptance, and equitable policy and financial environments. The US Department of Energy (DOE) programs in solar electric conversion have already started the development of the required broader-based effort. This paper presents the status of that work, utilizing the US National Photovoltaic Program as a case study

  6. Dedicating new real estate transfer taxes for energy efficiency: A revenue option for scaling up Green Retrofit Programs

    International Nuclear Information System (INIS)

    Lester, T. William

    2013-01-01

    As the labor market in the U.S. remains weak, with high unemployment and sluggish job growth, policymakers at various levels of government are looking for new ways to support job growth and investment during an increasingly tight fiscal climate. Policies that promote the “Green Economy” in general and energy efficiency in particular remain politically popular as potential win–win solutions that will create jobs and curb greenhouse gas emissions. Yet, efforts to promote energy efficiency in the residential sector through rebates and incentives alone have yet to reach critical mass. This paper outlines a policy option for state and local governments to use real estate transfer taxes to generate stronger incentives for home buyers to undertake significant retrofit projects at the time of sale. The economic impact of the proposed energy efficiency transfer tax (EETT) is then modeled for the State of North Carolina, using standard input–output techniques. Ultimately, based on housing sales figures from 2010, a new EETT of 2.5 percent on home purchases would generate a net positive increase of approximately 3485 direct construction jobs and 5900 annually total jobs for the state. -- Highlights: •Proposes an Energy Efficiency Transfer Tax (EETT) to catalyze residential retrofits. •Models household behavioral response to an EETT. •Estimates induced energy efficiency investment levels in North Carolina. •Calculates net employment impacts of a hypothetical EETT. •Finds net impact of 5900 jobs and over $350 million in additional investment

  7. Proceedings of the workshop on program options in intermediate-energy physics. Volume 1. Summary and panel reports

    Energy Technology Data Exchange (ETDEWEB)

    Allred, J.C.; Talley, B. (comps.)

    1980-05-01

    A Workshop on Program Options in Intermediate-Energy Physics sponsored by the US Department of Energy was held at Los Alamos Scientific Laboratory, August 20 to 31, 1979. The scope of the workshop included all laboratories in intermediate-energy physics, worldwide, and all of these sent representatives to the workshop. The workshop addressed itself to the critical questions on nuclear and particle physics and how they can best be investigated by intermediate-energy accelerators. Among the questions that the workshop members considered were: (1) what are the important physics topics which might be understood through research on these accelerators in the next 10 years. These topics include, but are not restricted to, fundamental interactions and symmetries in particle physics, and nuclear modes of motion, structure, and reaction mechanisms; (2) what experiments should be undertaken to carry out the program. What are the kinematical conditions, accuracies, resolutions, and other parameters required to obtain the desired knowledge; (3) which accelerators are best suited for each experiment. What work at other laboratories (low-, intermediate-, or high-energy) could be undertaken to complement and/or supplement the proposed LAMPF program; and (4) what new facility capabilities should be explored for the long-term future. The workshop was divided into small panels in order to promote effective interchange of ideas. After reports to other panels and plenary sessions, the panelists prepared reports stating the results of their deliberations. These reports comprise the principal part of Volume I.

  8. Proceedings of the workshop on program options in intermediate-energy physics. Volume 1. Summary and panel reports

    International Nuclear Information System (INIS)

    Allred, J.C.; Talley, B.

    1980-05-01

    A Workshop on Program Options in Intermediate-Energy Physics sponsored by the US Department of Energy was held at Los Alamos Scientific Laboratory, August 20 to 31, 1979. The scope of the workshop included all laboratories in intermediate-energy physics, worldwide, and all of these sent representatives to the workshop. The workshop addressed itself to the critical questions on nuclear and particle physics and how they can best be investigated by intermediate-energy accelerators. Among the questions that the workshop members considered were: (1) what are the important physics topics which might be understood through research on these accelerators in the next 10 years. These topics include, but are not restricted to, fundamental interactions and symmetries in particle physics, and nuclear modes of motion, structure, and reaction mechanisms; (2) what experiments should be undertaken to carry out the program. What are the kinematical conditions, accuracies, resolutions, and other parameters required to obtain the desired knowledge; (3) which accelerators are best suited for each experiment. What work at other laboratories (low-, intermediate-, or high-energy) could be undertaken to complement and/or supplement the proposed LAMPF program; and (4) what new facility capabilities should be explored for the long-term future. The workshop was divided into small panels in order to promote effective interchange of ideas. After reports to other panels and plenary sessions, the panelists prepared reports stating the results of their deliberations. These reports comprise the principal part of Volume I

  9. Integrating the flexibility of the average Serbian consumer as a virtual storage option into the planning of energy systems

    Directory of Open Access Journals (Sweden)

    Batas-Bjelić Ilija R.

    2014-01-01

    Full Text Available With the integration of more variable renewable energy, the need for storage is growing. Rather than utility scale storage, smart grid technology (not restricted, but mainly involving bidirectional communication between the supply and demand side and dynamic pricing enables flexible consumption to be a virtual storage alternative for moderation of the production of variable renewable energy sources on the micro grid level. A study, motivated with energy loss allocation, electric demand and the legal framework that is characteristic for the average Serbian household, was performed using the HOMER software tool. The decision to shift or build deferrable load rather than sell on site generated energy from variable renewable energy sources to the grid was based on the consumer's net present cost minimization. Based on decreasing the grid sales hours of the micro grid system to the transmission grid from 3,498 to 2,009, it was shown that the demand response could be included in long-term planning of the virtual storage option. Demand responsive actions that could be interpreted as storage investment costs were quantified to 1€2 per year in this article. [Projekat Ministarstva nauke Republike Srbije, br. 42009: Smart grid

  10. Renewable energy in South Africa. Potentials, barriers and options for support

    Energy Technology Data Exchange (ETDEWEB)

    Pegels, Anna [German Development Institute/Deutsches Institut fuer Entwicklungspolitik, Tulpenfeld 6, 53113 Bonn (Germany)

    2010-09-15

    The challenge of transforming entire economies is enormous; even more so if a country is as fossil fuel based and emission intensive as South Africa. However, in an increasingly carbon constrained world and already now facing climate change impacts South Africa has to reduce greenhouse gas emissions intensity soon and decidedly. The South African electricity sector is a vital part of the economy and at the same time contributes most to the emissions problem. First steps have been taken by the South African government to enhance energy efficiency and promote renewable energy, however, they fail to show large-scale effects. This paper seeks to identify the relevant barriers to renewable energy investments and, based on experience from other countries, provide policy recommendations. The major barrier identified in the paper is based on the economics of renewable energy technologies, i.e. their cost and risk structures, two main factors in investment planning. As a solution, the South African government introduced several renewable energy support measures, such as a feed-in tariff. The paper discusses the potential and possible shortcomings of this and other existing support schemes and identifies complementing measures on a national scale. (author)

  11. Renewable energy in South Africa: Potentials, barriers and options for support

    Energy Technology Data Exchange (ETDEWEB)

    Pegels, Anna, E-mail: anna.pegels@die-gdi.d [German Development Institute/Deutsches Institut fuer Entwicklungspolitik, Tulpenfeld 6, 53113 Bonn (Germany)

    2010-09-15

    The challenge of transforming entire economies is enormous; even more so if a country is as fossil fuel based and emission intensive as South Africa. However, in an increasingly carbon constrained world and already now facing climate change impacts South Africa has to reduce greenhouse gas emissions intensity soon and decidedly. The South African electricity sector is a vital part of the economy and at the same time contributes most to the emissions problem. First steps have been taken by the South African government to enhance energy efficiency and promote renewable energy, however, they fail to show large-scale effects. This paper seeks to identify the relevant barriers to renewable energy investments and, based on experience from other countries, provide policy recommendations. The major barrier identified in the paper is based on the economics of renewable energy technologies, i.e. their cost and risk structures, two main factors in investment planning. As a solution, the South African government introduced several renewable energy support measures, such as a feed-in tariff. The paper discusses the potential and possible shortcomings of this and other existing support schemes and identifies complementing measures on a national scale.

  12. Small-scale automated biomass energy heating systems: a viable option for remote Canadian communities?

    Energy Technology Data Exchange (ETDEWEB)

    McCallum, B. [Canadian Forest Service, Ottawa, ON (Canada). Industry, Economics and Programs Branch

    1997-12-31

    The potential benefits of wood energy (forest biomass) for space heating in Canada`s remote communities was discussed. Diesel fuel and heating oil must be transported into these communities to produce electricity and to heat large public buildings. Below the treeline, roundwood is often used to heat private homes. The move toward environmentally sustainable development has focussed much attention on renewable energy technologies such as biomass energy, (i.e. any form of energy derived from plant or animal materials). Wood is the most readily available biomass fuel in remote communities. Woodchips and sawmill waste can be burned in automated biomass heating systems which provide a convenient way to use low-grade wood to heat large buildings or groups of buildings which would not be feasible to heat with roundwood. It was shown that one cord of spruce can produce 1.5 tonnes of woodchips to ultimately displace 300 litres of heating oil. A description of a small-commercial and small-industrial biomass system was presented. The benefits of biomass were described as: (1) direct savings compared to high-cost oil heat, (2) increased circulation of energy dollars inside the community, and (3) employment opportunities in harvesting, processing and operating biomass systems. A steady supply of good quality woodchips to the heating plant must be ensured. 1 ref., 3 figs.

  13. Optimization of operating conditions of distillation columns: an energy saving option in refinery industry

    Directory of Open Access Journals (Sweden)

    Alireza Fazlali

    2010-01-01

    Full Text Available While energy prices continue to climb, it conservation remains the prime concern for process industries. The daily growth of energy consumption throughout the world and the real necessity of providing it, shows that optimization of energy generation and consumption units is an economical and sometimes vital case. Hence, the optimization of a petroleum refinery is aimed towards great production and an increase in quality. In this research, the atmospheric distillation unit of the Iran-Arak-Shazand petroleum refinery was subject to optimization efforts. It was performed by the means of using a simulator with the aim to earn more overhead products. In the next step the optimization results from the simulators were carried out in the real world, at the above mentioned unit. Results demonstrate that the changes in the real operating conditions increase the overhead products with desirable quality. Finally, a net economical balance between the increments of the overhead products and the energy consumption shows an energy saving in this refinery.

  14. Renewable energy in South Africa: Potentials, barriers and options for support

    International Nuclear Information System (INIS)

    Pegels, Anna

    2010-01-01

    The challenge of transforming entire economies is enormous; even more so if a country is as fossil fuel based and emission intensive as South Africa. However, in an increasingly carbon constrained world and already now facing climate change impacts South Africa has to reduce greenhouse gas emissions intensity soon and decidedly. The South African electricity sector is a vital part of the economy and at the same time contributes most to the emissions problem. First steps have been taken by the South African government to enhance energy efficiency and promote renewable energy, however, they fail to show large-scale effects. This paper seeks to identify the relevant barriers to renewable energy investments and, based on experience from other countries, provide policy recommendations. The major barrier identified in the paper is based on the economics of renewable energy technologies, i.e. their cost and risk structures, two main factors in investment planning. As a solution, the South African government introduced several renewable energy support measures, such as a feed-in tariff. The paper discusses the potential and possible shortcomings of this and other existing support schemes and identifies complementing measures on a national scale.

  15. Renewable energy options in the Hradec Kralove and Pardubice districts, Eastern Bohemia

    International Nuclear Information System (INIS)

    Boye Olesen, G.; Beranovski, J.

    1993-06-01

    A detailed evaluation of a number of potential renewable energy sources in the districts of Hradec Kralove and Pardubice in Northern Bohemia ( Czech Republic). The possible uses of solar energy in relation to solar water heating and district heating were analyzed. The use of wind power by connecting wind turbines to the grid was not considered to be cost effective owing to low wind resources in this area (mean wind speed at 10m height is below 3 m/s). Possibilities for producing methane were investigated in relation to manures, sewage sludges and wet organic household and industrial wastes. Biomass fuel resources were examined from the point of view of straw, wood chips and biomass crops. Hydroelectric plants already exist and there are some resources of geothermal heat at a lower temperature. Estimates are given of renewable energy potentials dealt with, showing current available resources and potential resources if 50% of household wastes are sorted in organic and inorganic fractions, if 20% of sugar wastes is used for producing methane, if use of wood chips significantly increases and if waste water plants are contructed in Hradec Kralove and Novy Bydzov. These changes could take place before the year 2000. Animal manures, straw and wood resources cover 80% of renewable energy resources potential, excluding solar energy and biomass crops. The compiled data also gives information on estimated investment and running costs. (AB)

  16. Benefit/cost analysis of plutonium recycle options in the United States of America

    International Nuclear Information System (INIS)

    Lowenberg, H.; Burnham, J.B.; Fisher, F.D.; Ray, W.H.

    1977-01-01

    Beginning in 1973, the USAEC started the analysis of the benefit/cost balance of Pu recycling in light-water reactors and the US Nuclear Regulatory Commission has continued this effort to the present time. A study of the United States nuclear industry from 1975 until 2000 was summarized in a final environmental statement called GESMO - Generic Environmental Statement on Mixed Oxide, NUREG-0002. Cumulative environmental and economic effects for several industry growth patterns were determined. Five alternatives were evaluated, covering the basic options of recycling uranium and plutonium; recycling uranium; and no recycling. The NRC findings, excluding consideration of proliferation and safeguards questions, are: the safety of reactors and fuel-cycle facilities are not significantly affected by recycle; excluding consideration of radiological effects, the environmental effects of recycle are slightly less than those from a non-recycle system; plutonium recycling extends uranium resources and reduces environmental impacts at the same time requiring reprocessing and Pu-handling facilities; despite uncertainties, recycling has probable economic advantages over other fuel concepts; differences in health effects attributable to recycling provide no basis for selecting a particular fuel-cycle option; no waste-management considerations appear that could be a basis for the selection of any particular option. The NRC studies on health, safety and environmental considerations of Pu recycling in the United States of America show that the differences in benefits/costs between the alternative fuel cycles are small and hence do not provide a clear basis for a decision on Pu recycle at this time. Safeguards and international proliferation implications appear to be the controlling factors in reaching a decision. President Carter's statement indefinitely deferring reprocessing and Pu recycle in the United States of America has resulted in a re-evaluation by NRC of its programme to

  17. IRIS Reactor a Suitable Option to Provide Energy and Water Desalination for the Mexican Northwest Region

    International Nuclear Information System (INIS)

    Alonso, G.; Ramirez, R.; Gomez, C.; Viais, J.

    2004-01-01

    The Northwest region of Mexico has a deficit of potable water, along this necessity is the region growth, which requires of additional energy capacity. The IRIS reactor offers a very suitable source of energy given its modular size of 300 MWe and it can be coupled with a desalination plant to provide the potable water for human consumption, agriculture and industry. The present paper assess the water and energy requirements for the Northwest region of Mexico and how the deployment of the IRIS reactor can satisfy those necessities. The possible sites for deployment of Nuclear Reactors are considered given the seismic constraints and the closeness of the sea for external cooling. And in the other hand, the size of the desalination plant and the type of desalination process are assessed accordingly with the water deficit of the region

  18. IRIS Reactor a Suitable Option to Provide Energy and Water Desalination for the Mexican Northwest Region

    Energy Technology Data Exchange (ETDEWEB)

    Alonso, G.; Ramirez, R.; Gomez, C.; Viais, J.

    2004-10-03

    The Northwest region of Mexico has a deficit of potable water, along this necessity is the region growth, which requires of additional energy capacity. The IRIS reactor offers a very suitable source of energy given its modular size of 300 MWe and it can be coupled with a desalination plant to provide the potable water for human consumption, agriculture and industry. The present paper assess the water and energy requirements for the Northwest region of Mexico and how the deployment of the IRIS reactor can satisfy those necessities. The possible sites for deployment of Nuclear Reactors are considered given the seismic constraints and the closeness of the sea for external cooling. And in the other hand, the size of the desalination plant and the type of desalination process are assessed accordingly with the water deficit of the region.

  19. Environmental analysis of closure options for waste sites at the Savannah River Plant

    International Nuclear Information System (INIS)

    Gordon, D.E.; King, C.M.; Looney, B.B.; Stephenson, D.E.; Johnson, W.F.

    1987-01-01

    Previously acceptable waste management practices (e.g., the use of unlined seepage basins) for discarding of wastes from nuclear materials production has resulted in occasional cases of groundwater contamination beneath some disposal sites, mainly in water-table aquifers. Groundwater contaminants include volatile organic compounds, heavy metals, radionuclides, and other chemicals. The closure of active and inactive waste sites that have received hazardous and/or low-level radioactive materials at the Savannah River Plant (SRP) is planned as part of an overall program to protect groundwater quality. DOE developed and submitted to Congress a groundwater protection plan for SRP. This initial plan and subsequent revisions provide the basis for closure of SRP waste sites to comply with applicable groundwater protection requirements. An environmental analysis of the closure options for the criteria waste sites that have received hazardous and/or low-level radioactive wastes was conducted to provide technical support. The several parts of this environmental analysis include description of geohydrologic conditions; determination of waste inventories; definition of closure options; modeling of environmental pathways; assessment of risk; and analysis of project costs. Each of these components of the overall analysis is described in turn in the following paragraphs. Production operations at SRP have generated a variety of solid, hazardous, and low-level radioactive waste materials. Several locations onplant have been used as waste disposal sites for solid and liquid wastes. Seventy-six individual waste sites at 45 distinct geographical locations on SRP have received hazardous, low-level radioactive, or mixed wastes. These waste sites can be categorized into 26 groupings according to the function of the waste disposed. 15 refs., 6 figs., 5 tabs

  20. Institutional options for rural energy access: Exploring the concept of the multifunctional platform in West Africa

    DEFF Research Database (Denmark)

    Nygaard, Ivan

    2010-01-01

    The concept of the multifunctional platform for rural energy access has increasingly been supported by donors in five West African countries since 1994. While it is often referred to as a highly successful concept, recent reviews and interviews with local stakeholders in Mali and Burkina Faso...... in the dominant discourse of development, and how including concerns, such as poverty alleviation, gender equity, local democracy, decentralisation and the environment, have attracted donors outside the energy sector. The paper thus argues that, while the integration of multiple technical functions, preconceived...... practical programmes provides an argument for building development aid on existing structures instead of inventing new complicated concepts and approaches....

  1. Energy for tomorrow's world: the realities, the real options and the agenda for achievement

    International Nuclear Information System (INIS)

    Lindsay, Ian

    1994-01-01

    The key energy issues to 2020 have been identified and partial solutions have been offered for them. Like many projects it may have its weak points - it may possibly have underestimated developing countries requirements: the assumption that oil and gas reserves will come under pressure early next century inducing price rises, may or may not materialize; and the lack of more specific messages as an agenda achievement may be seen by some as deficiencies. The main priorities have been identified and required action for global energy development is given. (author)

  2. Energy System Analysis of 100 Per cent Renewable Energy Systems

    DEFF Research Database (Denmark)

    Lund, Henrik; Mathiesen, Brian Vad

    2007-01-01

    This paper presents the methodology and results of the overall energy system analysis of a 100 per cent renewable energy system. The input for the systems is the result of a project of the Danish Association of Engineers, in which 1600 participants during more than 40 seminars discussed...... and designed a model for the future energy system of Denmark, putting emphasis on energy efficiency, CO2 reduction, and industrial development. The energy system analysis methodology includes hour by hour computer simulations leading to the design of flexible energy systems with the ability to balance...... the electricity supply and demand and to exchange electricity productions on the international electricity markets. The results are detailed system designs and energy balances for two energy target years: year 2050 with 100 per cent renewable energy from biomass and combinations of wind, wave and solar power...

  3. Biomass. A promising option for renewable energy in the built environment

    International Nuclear Information System (INIS)

    Koppejan, J.

    1999-01-01

    A brief overview is given of activities of local governments (municipalities and provinces) in the Netherlands with respect to the use of biomass for the production of energy in urban areas. Special attention is paid to a project in Apeldoorn, Netherlands, where biomass gasification at a waste recycling plant ('Veluwse Afvalrecycling' or VAR) is used for district heating purposes. 1 ref

  4. Energy Storage Options for Voltage Support in Low-Voltage Grids with High Penetration of Photovoltaic

    DEFF Research Database (Denmark)

    Marra, Francesco; Tarek Fawzy, Y.; Bülo, Thorsten

    2012-01-01

    to be established. In the long term, these solutions should also aim to allow further more PV installed capacity, while meeting the power quality requirements. In this paper, different concepts of energy storage are proposed to ensure the voltage quality requirements in a LV grid with high PV penetration...

  5. Policy options for the split incentive: Increasing energy efficiency for low-income renters

    International Nuclear Information System (INIS)

    Bird, Stephen; Hernández, Diana

    2012-01-01

    The split incentive problem concerns the lack of appropriate incentives to implement energy efficiency measures. In particular, low income tenants face a phenomenon of energy poverty in which they allocate significantly more of their household income to energy expenditures than other renters. This problem is substantial, affecting 1.89% of all United States' energy use. If effectively addressed, it would create a range of savings between 4 and 11 billion dollars per year for many of the nation's poorest residents. We argue that a carefully designed program of incentives for participants (including landlords) in conjunction with a unique type of utility-managed on-bill financing mechanism has significant potential to solve many of the complications. We focus on three kinds of split incentives, five concerns inherent to addressing split incentive problems (scale, endurance, incentives, savings, political disfavor), and provide a detailed policy proposal designed to surpass those problems, with a particular focus on low-income tenants in a U.S. context. - Highlights: ► We demonstrate the significant impact of the split incentive on low-income tenants. ► We discuss split incentive characteristics, and policy failures. ► We described an on-bill financing model with unique features. ► This policy has protections and incentives for tenants and landlords.

  6. The resurgence of nuclear energy. An option for the climatic change and for the emergent countries?

    International Nuclear Information System (INIS)

    Campos A, L.; Nieva G, R.; Mulas, P.; Velez, C.; Ortiz M, J. R.; Thomas, S.; Finon, D.; Woodman, B.; Mez, L.

    2009-01-01

    The modern society is organized in mistaken form. A tremendous inability of the juridical, political, social and cultural system exists to interrelate the ecosystem (the resources that allow the life and the human activity) with the economic way of production, that is to say with the manner like the human beings appropriate of the nature and they transform it to satisfy the reproduction necessities of the capital and the population. Today we are already paying the consequences of this error. Of continuing with this tendency the next six years, a global increase of five centigrade grades is expected in the temperature, with effects like the increase of the sea level, floods, droughts, among other global problems, for what the gases of greenhouse effect are and they will continue being the main environmental challenge of the X XI century because they not represent alone a threat for the development but also for the humanity survival. The world conscience has wakened up, and in most of the countries where is stopped the construction of new nuclear power plants the plans are reconsidered to return the use of this source, being the two main reasons for reconsideration: the concern for the climatic change and the new world perception about the limits of fossil fuel reserves. The world return of the interest for the nuclear energy, it force to take in consideration the energy politics of Mexico whose structure is too much dependent of hydrocarbons and the import of liquefied natural gas and other energies, subject to the prices volatility and in a frame that lacks long term vision. Here the whole problem of the nuclear industry is exposed, the experiences, the risks, the costs, the future of the energy production for the populations that every time has a bigger consumption, the reader will have, this way, a wide panorama of diverse topics and interests that affect to generation of nuclear energy. (Author)

  7. 1992 Columbia River Salmon Flow Measures Options Analysis/EIS : Appendices.

    Energy Technology Data Exchange (ETDEWEB)

    1992-01-01

    This Options Analysis/Environmental Impact Statement (OA/EIS) identifies, presents effects of, and evaluates the potential options for changing instream flow levels in efforts to increase salmon populations in the lower Columbia and Snake rivers. The potential actions would be implemented during 1992 to benefit juvenile and adult salmon during migration through eight run-of-river reservoirs. The Corps of Engineers (Corps) prepared this document in cooperation with the Bonneville Power Administration and the Bureau of Reclamation. The US Fish and Wildlife Service (FWS) is a participating agency. The text and appendices of the document describe the characteristics of 10 Federal projects and one private water development project in the Columbia River drainage basin. Present and potential operation of these projects and their effects on the salmon that spawn and rear in the Columbia and Snake River System are presented. The life history, status, and response of Pacific salmon to current environmental conditions are described. The document concludes with an evaluation of the potential effects that could result from implementing proposed actions. The conclusions are based on evaluation of existing data, utilization of numerical models, and application of logical inference. This volume contains the appendices.

  8. 1992 Columbia River salmon flow measures Options Analysis/EIS: Appendices

    International Nuclear Information System (INIS)

    1992-01-01

    This Options Analysis/Environmental Impact Statement (OA/EIS) identifies, presents effects of, and evaluates the potential options for changing instream flow levels in efforts to increase salmon populations in the lower Columbia and Snake rivers. The potential actions would be implemented during 1992 to benefit juvenile and adult salmon during migration through eight run-of-river reservoirs. The Corps of Engineers (Corps) prepared this document in cooperation with the Bonneville Power Administration and the Bureau of Reclamation. The US Fish and Wildlife Service (FWS) is a participating agency. The text and appendices of the document describe the characteristics of 10 Federal projects and one private water development project in the Columbia River drainage basin. Present and potential operation of these projects and their effects on the salmon that spawn and rear in the Columbia and Snake River System are presented. The life history, status, and response of Pacific salmon to current environmental conditions are described. The document concludes with an evaluation of the potential effects that could result from implementing proposed actions. The conclusions are based on evaluation of existing data, utilization of numerical models, and application of logical inference. This volume contains the appendices

  9. Nevada Transportation Options Study

    International Nuclear Information System (INIS)

    P. GEHNER; E.M. WEAVER; L. FOSSUM

    2006-01-01

    This study performs a cost and schedule analysis of three Nevada Transportation options