WorldWideScience

Sample records for premium coal-based fuels

  1. Characterization and supply of coal based fuels

    Energy Technology Data Exchange (ETDEWEB)

    1992-06-01

    Studies and data applicable for fuel markets and coal resource assessments were reviewed and evaluated to provide both guidelines and specifications for premium quality coal-based fuels. The fuels supplied under this contract were provided for testing of advanced combustors being developed under Pittsburgh Energy Technology Center (PETC) sponsorship for use in the residential, commercial and light industrial (RCLI) market sectors. The requirements of the combustor development contractors were surveyed and periodically updated to satisfy the evolving needs based on design and test experience. Available coals were screened and candidate coals were selected for further detailed characterization and preparation for delivery. A team of participants was assembled to provide fuels in both coal-water fuel (CWF) and dry ultrafine coal (DUC) forms. Information about major US coal fields was correlated with market needs analysis. Coal fields with major reserves of low sulfur coal that could be potentially amenable to premium coal-based fuels specifications were identified. The fuels requirements were focused in terms of market, equipment and resource constraints. With this basis, the coals selected for developmental testing satisfy the most stringent fuel requirements and utilize available current deep-cleaning capabilities.

  2. Characterization and supply of coal based fuels. Quarterly report, August 1, 1987--October 31, 1987

    Energy Technology Data Exchange (ETDEWEB)

    1988-01-01

    Contract objectives are as follows: Develop fuel specifications to serve combustor requirements; Select coals having appropriate compositional and quality characteristics as well as an economically attractive reserve base; Provide quality assurance for both the parent coals and the fuel forms; and deliver premium coal-based fuels to combustor developers as needed for their contract work. Progress is discussed.

  3. Characterization and supply of coal based fuels. Volume 1, Final report and appendix A (Topical report)

    Energy Technology Data Exchange (ETDEWEB)

    1992-06-01

    Studies and data applicable for fuel markets and coal resource assessments were reviewed and evaluated to provide both guidelines and specifications for premium quality coal-based fuels. The fuels supplied under this contract were provided for testing of advanced combustors being developed under Pittsburgh Energy Technology Center (PETC) sponsorship for use in the residential, commercial and light industrial (RCLI) market sectors. The requirements of the combustor development contractors were surveyed and periodically updated to satisfy the evolving needs based on design and test experience. Available coals were screened and candidate coals were selected for further detailed characterization and preparation for delivery. A team of participants was assembled to provide fuels in both coal-water fuel (CWF) and dry ultrafine coal (DUC) forms. Information about major US coal fields was correlated with market needs analysis. Coal fields with major reserves of low sulfur coal that could be potentially amenable to premium coal-based fuels specifications were identified. The fuels requirements were focused in terms of market, equipment and resource constraints. With this basis, the coals selected for developmental testing satisfy the most stringent fuel requirements and utilize available current deep-cleaning capabilities.

  4. Combustion characterization of beneficiated coal-based fuels

    Energy Technology Data Exchange (ETDEWEB)

    Chow, O.K.; Levasseur, A.A.

    1995-11-01

    The Pittsburgh Energy Technology Center (PETC) of the U.S. Department of Energy is sponsoring the development of advanced coal-cleaning technologies aimed at expanding the use of the nation`s vast coal reserves in an environmentally and economically acceptable manner. Because of the lack of practical experience with deeply beneficiated coal-based fuels, PETC has contracted Combustion Engineering, Inc. to perform a multi-year project on `Combustion Characterization of Beneficiated Coal-Based Fuels.` The objectives of this project include: (1) the development of an engineering data base which will provide detailed information on the properties of Beneficiated Coal-Based Fuels (BCs) influencing combustion, ash deposition, ash erosion, particulate collection, and emissions; and (2) the application of this technical data base to predict the performance and economic impacts of firing the BCFs in various commercial boiler designs.

  5. Novel Fuel Cells for Coal Based Systems

    Energy Technology Data Exchange (ETDEWEB)

    Thomas Tao

    2011-12-31

    The goal of this project was to acquire experimental data required to assess the feasibility of a Direct Coal power plant based upon an Electrochemical Looping (ECL) of Liquid Tin Anode Solid Oxide Fuel Cell (LTA-SOFC). The objective of Phase 1 was to experimentally characterize the interaction between the tin anode, coal fuel and cell component electrolyte, the fate of coal contaminants in a molten tin reactor (via chemistry) and their impact upon the YSZ electrolyte (via electrochemistry). The results of this work will provided the basis for further study in Phase 2. The objective of Phase 2 was to extend the study of coal impurities impact on fuel cell components other than electrolyte, more specifically to the anode current collector which is made of an electrically conducting ceramic jacket and broad based coal tin reduction. This work provided a basic proof-of-concept feasibility demonstration of the direct coal concept.

  6. SECA Coal-Based Systems - FuelCell Energy, Inc.

    Energy Technology Data Exchange (ETDEWEB)

    Ayagh, Hossein

    2014-01-31

    The overall goal of this U.S. Department of Energy (DOE) sponsored project is the development of solid oxide fuel cell (SOFC) cell and stack technology suitable for use in highly-efficient, economically-competitive central generation power plant facilities fueled by coal synthesis gas (syngas). This program incorporates the following supporting objectives: • Reduce SOFC-based electrical power generation system cost to $700 or less (2007 dollars) for a greater than 100 MW Integrated Gasification Fuel Cell (IGFC) power plant, exclusive of coal gasification and CO2 separation subsystem costs. • Achieve an overall IGFC power plant efficiency of at least 50%, from coal (higher heating value or HHV) to AC power (exclusive of CO2 compression power requirement). • Reduce the release of CO2 to the environment in an IGFC power plant to no more than 10% of the carbon in the syngas. • Increase SOFC stack reliability to achieve a design life of greater than 40,000 hours. At the inception of the project, the efforts were focused on research, design and testing of prototype planar SOFC power generators for stationary applications. FuelCell Energy, Inc. successfully completed the initial stage of the project by meeting the program metrics, culminating in delivery and testing of a 3 kW system at National Energy Technology Laboratory (NETL). Subsequently, the project was re-aligned into a three phase effort with the main goal to develop SOFC technology for application in coal-fueled power plants with >90% carbon capture. Phase I of the Coal-based efforts focused on cell and stack size scale-up with concurrent enhancement of performance, life, cost, and manufacturing characteristics. Also in Phase I, design and analysis of the baseline (greater than 100 MW) power plant system—including concept identification, system definition, and cost analysis—was conducted. Phase II efforts focused on development of a ≥25 kW SOFC stack tower incorporating multiple stack building

  7. SECA Coal-Based Systems - FuelCell Energy, Inc.

    Energy Technology Data Exchange (ETDEWEB)

    Ayagh, Hossein [Fuelcell Energy, Inc., Danbury, CT (United States)

    2014-01-31

    The overall goal of this U.S. Department of Energy (DOE) sponsored project is the development of solid oxide fuel cell (SOFC) cell and stack technology suitable for use in highly-efficient, economically-competitive central generation power plant facilities fueled by coal synthesis gas (syngas). This program incorporates the following supporting objectives: • Reduce SOFC-based electrical power generation system cost to $700 or less (2007 dollars) for a greater than 100 MW Integrated Gasification Fuel Cell (IGFC) power plant, exclusive of coal gasification and CO2 separation subsystem costs. • Achieve an overall IGFC power plant efficiency of at least 50%, from coal (higher heating value or HHV) to AC power (exclusive of CO2 compression power requirement). • Reduce the release of CO2 to the environment in an IGFC power plant to no more than 10% of the carbon in the syngas. • Increase SOFC stack reliability to achieve a design life of greater than 40,000 hours. At the inception of the project, the efforts were focused on research, design and testing of prototype planar SOFC power generators for stationary applications. FuelCell Energy, Inc. successfully completed the initial stage of the project by meeting the program metrics, culminating in delivery and testing of a 3 kW system at National Energy Technology Laboratory (NETL). Subsequently, the project was re-aligned into a three phase effort with the main goal to develop SOFC technology for application in coal-fueled power plants with >90% carbon capture. Phase I of the Coal-based efforts focused on cell and stack size scale-up with concurrent enhancement of performance, life, cost, and manufacturing characteristics. Also in Phase I, design and analysis of the baseline (greater than 100 MW) power plant system—including concept identification, system definition, and cost analysis—was conducted. Phase II efforts focused on development of a ≥25 kW SOFC stack tower incorporating

  8. Evaluation and Testing of the Suitability of a Coal-Based Jet Fuel

    Science.gov (United States)

    2008-06-01

    oxidative thermal stability was attributed to the lack of heteroatomic species, which contribute to deposition in petroleum -derived fuels...exists, petroleum -based fuels have more desirable low temperature properties, while at extremely low temperatures (<-50C) where solidification...production than the petroleum -derived fuel, but more than the coal-based fuel. In both the engine tests and the research combustor, the synthetic fuel

  9. Multi-scale sustainability assessments for biomass-based and coal-based fuels in China.

    Science.gov (United States)

    Man, Yi; Xiao, Honghua; Cai, Wei; Yang, Siyu

    2017-12-01

    Transportation liquid fuels production is heavily depend on oil. In recent years, developing biomass based and coal based fuels are regarded as promising alternatives for non-petroleum based fuels in China. With the rapid growth of constructing and planning b biomass based and coal based fuels production projects, sustainability assessments are needed to simultaneously consider the resource, the economic, and the environmental factors. This paper performs multi-scale analyses on the biomass based and coal based fuels in China. The production cost, life cycle cost, and ecological life cycle cost (ELCC) of these synfuels are investigated to compare their pros to cons and reveal the sustainability. The results show that BTL fuels has high production cost. It lacks of economic attractiveness. However, insignificant resource cost and environmental cost lead to a substantially lower ELCC, which may indicate better ecological sustainability. CTL fuels, on the contrary, is lower in production cost and reliable for economic benefit. But its coal consumption and pollutant emissions are both serious, leading to overwhelming resource cost and environmental cost. A shifting from petroleum to CTL fuels could double the ELCC, posing great threat to the sustainability of the entire fuels industry. Copyright © 2017 Elsevier B.V. All rights reserved.

  10. Comparison of Coal-Based Dimethyl Ether and Diesel as Vehicle Fuels from Well to Wheel in China

    Institute of Scientific and Technical Information of China (English)

    ZHANG Liang; HUANG Zhen

    2009-01-01

    With life cycle assessment (LCA) methodology, a life cycle model of coal-based vehicle fuels (CBVFs) including coal-based dimethyl ether (CBDME) and coal-based diesel (CBD) is established. Their primary energy consumption (PEC) and global warming potential (GWP) from well to wheel including feedstock extraction, fuel production, fuel consumption in vehicle and energy transportation are calculated and compared. Results show that the life cycle PEC and GWP of CBD pathway are 1.17 and 1.34 times as CBDME pathway. Based on the above results, CBDME will become a choice with great potential to replace conventional petroleum-based diesel (CPBD) in China.

  11. Advanced Thermally Stable Coal-Based Jet Fuels

    Science.gov (United States)

    2009-09-30

    hydrotreating to remove sulfur and then by hydrogenation for partial or complete ring saturation. Although this approach leads to a fuel of excellent quality...contributed by this coal were mainly two- and three-ring compounds. With hydrotreating to reduce sulfur and nitrogen and saturation of the aromatics...it could be a useful solvent for process configurations that couple coal conversion upstream with standard downstream hydrotreating , aromatics

  12. Techno-Economic Analysis of Scalable Coal-Based Fuel Cells

    Energy Technology Data Exchange (ETDEWEB)

    Chuang, Steven S. C. [Univ. of Akron, OH (United States)

    2014-08-31

    Researchers at The University of Akron (UA) have demonstrated the technical feasibility of a laboratory coal fuel cell that can economically convert high sulfur coal into electricity with near zero negative environmental impact. Scaling up this coal fuel cell technology to the megawatt scale for the nation’s electric power supply requires two key elements: (i) developing the manufacturing technology for the components of the coal-based fuel cell, and (ii) long term testing of a kW scale fuel cell pilot plant. This project was expected to develop a scalable coal fuel cell manufacturing process through testing, demonstrating the feasibility of building a large-scale coal fuel cell power plant. We have developed a reproducible tape casting technique for the mass production of the planner fuel cells. Low cost interconnect and cathode current collector material was identified and current collection was improved. In addition, this study has demonstrated that electrochemical oxidation of carbon can take place on the Ni anode surface and the CO and CO2 product produced can further react with carbon to initiate the secondary reactions. One important secondary reaction is the reaction of carbon with CO2 to produce CO. We found CO and carbon can be electrochemically oxidized simultaneously inside of the anode porous structure and on the surface of anode for producing electricity. Since CH4 produced from coal during high temperature injection of coal into the anode chamber can cause severe deactivation of Ni-anode, we have studied how CH4 can interact with CO2 to produce in the anode chamber. CO produced was found able to inhibit coking and allow the rate of anode deactivation to be decreased. An injection system was developed to inject the solid carbon and coal fuels without bringing air into the anode chamber. Five planner fuel cells connected in a series configuration and tested. Extensive studies on the planner fuels

  13. Monolithic solid oxide fuel cell technology advancement for coal-based power generation

    Energy Technology Data Exchange (ETDEWEB)

    1992-04-14

    The program is conducted by a team consisting of AiResearch Los Angeles Division of Allied-Signal Aerospace Company and Argonne National Laboratory (ANL). The objective of the program is to advance materials and fabrication methodologies to develop a monolithic solid oxide fuel cell (MSOFC) system capable of meeting performance, life, and cost goals for coal-based power generation. The program focuses on materials research and development, fabrication process development, cell/stack performance testing and characterization, cost and system analysis, and quality development.

  14. Evaluation of improved materials for stationary diesel engines operating on residual and coal based fuels. Final report

    Energy Technology Data Exchange (ETDEWEB)

    1980-01-01

    Experimental results to date from an on-going research program on improved materials for stationary diesel engines using residual or coal-based fuels are presented with little discussion of conclusions about these results. Information is included on ring and liner wear, fuel oil qualities, ceramic materials, coatings, test procedures and equipment, and tribology test results. (LCL)

  15. Combustion characterization of beneficiated coal-based fuels. Quarterly report No. 17, April--June 1993

    Energy Technology Data Exchange (ETDEWEB)

    Chow, O.K.; Nsakala, N.Y.

    1993-08-01

    Pittsburgh Energy Technology Center of the US Department of Energy has contracted with Combustion Engineering, Inc. (CE) to perform a five-year project on ``Combustion Characterization of Beneficiated Coal-Based Fuels.`` The beneficiated coals are produced by other contractors under the DOE Coal Preparation Program. Several contractor-developed advanced coal cleaning processes are run at pilot-scale cleaning facilities to produce 20-ton batches of fuels for shipment to CE`s laboratory in Windsor, Connecticut. CE then processes the products into either a coal-water fuel (CWF) or a dry microfine pulverized coa1 (DMPC) form for combustion testing. The objectives of this project include: (1) the development of an engineering data base which will provide detailed information on the properties of BCFs influencing combustion, ash deposition, ash erosion, particulate collection, and emissions; and (2) the application of this technical data base to predict the performance and economic impacts of firing the BCFs in various commercial boiler designs. The technical approach used to develop the technical data includes: bench-scale fuel property, combustion, and ash deposition tests; pilot-scale combustion and ash effects tests; and full-scale combustion tests. During the third quarter of 1993, the following technical progress was made: Completed modeling calculations of coal mineral matter transformations, deposition behavior, and heat transfer impacts of six test fuels; and ran pilot-scale tests of Upper Freeport feed coal, microagglomerate product, and mulled product.

  16. Combustion characterization of beneficiated coal-based fuels. Quarterly report No. 8, January--March 1991

    Energy Technology Data Exchange (ETDEWEB)

    Chow, O.K.; Nsakala, N.Y.

    1991-07-01

    The Pittsburgh Energy Technology Center of the US Department of Energy has contracted with Combustion Engineering, Inc. (CE) to perform a five-year project on ``Combustion Characterization of Beneficiated Coal-Based Fuels.`` The beneficiated coals are produced by other contractors under the DOE Coal Preparation Program. Several contractor-developed advanced coal cleaning processes are run at pilot-scale cleaning facilities to produce 20-ton batches of fuels for shipment to CE`s laboratory in Windsor, Connecticut. CE then processes the products into either a coal-water fuel (CWF) or a dry microfine pulverized coa1 (DMPC) form for combustion testing. The objectives of this project include: (1) the development of an engineering data base which will provide detailed information on the properties of BCFs influencing combustion, ash deposition, ash erosion, particulate collection, and emissions; and (2) the application of this technical data base to predict the performance and economic impacts of firing the BCFs in various commercial boiler designs. During the third quarter of 1991, the following technical progress was made: Calculated the kinetic characteristics of chars from the combustion of spherical oil agglomeration beneficiated products; continued drop tube devolatilization tests of the spherical oil agglomeration beneficiated products; continued analyses of the data and samples from the CE pilot-scale tests of nine fuels; and started writing a summary topical report to include all results on the nine fuels tested.

  17. Production of premium fuels from coal refuse pond material

    Energy Technology Data Exchange (ETDEWEB)

    Honaker, R.Q.; Patil, D.P.; Sirkeci, A.; Patwardhan, A. [University of Kentucky, Lexington, KY (United States). Dept. of Mining Engineering

    2001-11-01

    Because of increasing production of fine coal during mining over the past century and because of inefficient fine-coal recovery technologies, a vast reserve of high-quality coal now exists in refuse ponds. A novel fine-coal circuit, consisting of a hindered-bed classifier, an enhanced gravity concentrator and a flotation column, was evaluated for the recovery of fine coal from refuse ponds. The treatment of a pond derived from Pittsburgh No. 8 seam coal resulted in the production of a premium fuel containing less than 5 % ash and a calorific value of about 30,170 kJ/kg with 60% mass yield. Results from the treatment of two refuse pond materials are presented.

  18. Monolithic solid oxide fuel cell technology advancement for coal-based power generation

    Science.gov (United States)

    1994-05-01

    This project has successfully advanced the technology for MSOFC's for coal-based power generation. Major advances include: tape-calendering processing technology, leading to 3X improved performance at 1000 C; stack materials formulations and designs with sufficiently close thermal expansion match for no stack damage after repeated thermal cycling in air; electrically conducting bonding with excellent structural robustness; and sealants that form good mechanical seals for forming manifold structures. A stack testing facility was built for high-spower MSOFC stacks. Comprehensive models were developed for fuel cell performance and for analyzing structural stresses in multicell stacks and electrical resistance of various stack configurations. Mechanical and chemical compatibility properties of fuel cell components were measured; they show that the baseline Ca-, Co-doped interconnect expands and weakens in hydrogen fuel. This and the failure to develop adequate sealants were the reason for performance shortfalls in large stacks. Small (1-in. footprint) two-cell stacks were fabricated which achieved good performance (average area-specific-resistance 1.0 ohm-sq cm per cell); however, larger stacks had stress-induced structural defects causing poor performance.

  19. Combustion characterization of beneficiated coal-based fuels. Quarterly report No. 15, October--December 1992

    Energy Technology Data Exchange (ETDEWEB)

    Chow, O.K.; Nsakala, N.Y.

    1993-03-01

    The Pittsburgh Energy Technology Center of the US Department of Energy has contracted with Combustion Engineering, Inc. (CE) to perform a five-year project on ``Combustion Characterization of Beneficiated Coal-Based Fuels.`` The beneficiated coals are produced by other contractors under the DOE Coal Preparation Program. Several contractor-developed advanced coal cleaning processes are run at pilot-scale cleaning facilities to produce 20-ton batches of fuels for shipment to CE`s laboratory in Windsor, Connecticut. CE then processes the products into either a coal-water fuel (CWF) or a dry microfine pulverized coa1 (DMPC) form for combustion testing. The objectives of this project include: (1) the development of an engineering data base which will provide detailed information on the properties of BCFs influencing combustion, ash deposition, ash erosion, particulate collection, and emissions; and (2) the application of this technical data base to predict the performance and economic impacts of firing the BCFs in various commercial boiler designs. The technical approach used to develop the technical data includes: bench-scale fuel property, combustion, and ash deposition tests; pilot-scale combustion and ash effects tests; and full-scale combustion tests. During the third quarter of 1992, the following technical progress was made: Continued analyses of drop tube furnace samples to determine devolatilization kinetics; re-analyzed the samples from the pilot-scale ash deposition tests of the first nine feed coals and BCFs using a modified CCSEM technique; updated the topical summary report; and prepared for upcoming tests of new BCFs being produced.

  20. Monolithic solid oxide fuel cell technology advancement for coal-based power generation. Final report, September 1989--March 1994

    Energy Technology Data Exchange (ETDEWEB)

    1994-05-01

    This project has successfully advanced the technology for MSOFCs for coal-based power generation. Major advances include: tape-calendering processing technology, leading to 3X improved performance at 1000 C; stack materials formulations and designs with sufficiently close thermal expansion match for no stack damage after repeated thermal cycling in air; electrically conducting bonding with excellent structural robustness; and sealants that form good mechanical seals for forming manifold structures. A stack testing facility was built for high-spower MSOFC stacks. Comprehensive models were developed for fuel cell performance and for analyzing structural stresses in multicell stacks and electrical resistance of various stack configurations. Mechanical and chemical compatibility properties of fuel cell components were measured; they show that the baseline Ca-, Co-doped interconnect expands and weakens in hydrogen fuel. This and the failure to develop adequate sealants were the reason for performance shortfalls in large stacks. Small (1-in. footprint) two-cell stacks were fabricated which achieved good performance (average area-specific-resistance 1.0 ohm-cm{sup 2} per cell); however, larger stacks had stress-induced structural defects causing poor performance.

  1. Orinoco bitumen in water emulsion (Orimulsion): untapping an unlimited premium fuel

    Energy Technology Data Exchange (ETDEWEB)

    Polanco, D.R.; Euler Jimenez G.; Javier Izaguirre M.; Jose Salazar P.; Carrizo, R.; Alcantara, J.

    1987-01-01

    Venezuela has extensive recoverable reserves of extra heavy crudes and natural bitumens located in the Orinoco Oil Belt. INTEVEP, S.A. and LAGOVEN, S.A. have developed the Orinoco bitumen in water emulsion (ORIMULSION) for the production, handling and transportation of those hydrocarbons. This emulsion is considered a premium fuel due to its performance in conventional liquid firing systems. Pilot scale combustion tests, conducted during 1986, at INTEVEP Combustion Research Facility (ICRF) and Nagasaki Technical Institute (NTI-Mitsubishi Heavy Industries), Japan, have demonstrated the technical feasibility of burning this natural fuel steam-assisted, obtaining high combustion efficiency values (99.90%), which resemble those of a No.6 fuel-oil. This allows forecasting a promising future for ORIMULSION as a new fuel for thermal power stations.

  2. Engineering development of advanced physical fine coal cleaning for premium fuel applications. Task 6 -- Selective agglomeration laboratory research and engineering development for premium fuels

    Energy Technology Data Exchange (ETDEWEB)

    Moro, N.; Jha, M.C.

    1997-06-27

    The primary goal of this project is the engineering development of two advanced physical fine coal cleaning processes, column flotation and selective agglomeration, for premium fuel applications. The project scope included laboratory research and benchscale testing on six coals to optimize these processes, followed by the design, construction, and operation of a 2 t/hr process development unit (PDU). The project began in October, 1992, and is scheduled for completion by September 1997. This report represents the findings of Subtask 6.5 Selective Agglomeration Bench-Scale Testing and Process Scale-up. During this work, six project coals, namely Winifrede, Elkhorn No. 3, Sunnyside, Taggart, Indiana VII, and Hiawatha were processed in a 25 lb/hr continuous selective agglomeration bench-scale test unit.

  3. Engineering Development of Advanced Physical Fine Coal Cleaning for Premium Fuel Applications

    Energy Technology Data Exchange (ETDEWEB)

    Smit, Frank J; Schields, Gene L; Jha, Mehesh C; Moro, Nick

    1997-09-26

    The ash in six common bituminous coals, Taggart, Winifrede, Elkhorn No. 3, Indiana VII, Sunnyside and Hiawatha, could be liberated by fine grinding to allow preparation of clean coal meeting premium fuel specifications (< 1- 2 lb/ MBtu ash and <0.6 lb/ MBtu sulfur) by laboratory and bench- scale column flotation or selective agglomeration. Over 2,100 tons of coal were cleaned in the PDU at feed rates between 2,500 and 6,000 lb/ h by Microcel™ column flotation and by selective agglomeration using recycled heptane as the bridging liquid. Parametric testing of each process and 72- hr productions runs were completed on each of the three test coals. The following results were achieved after optimization of the operating parameters: The primary objective was to develop the design base for commercial fine coal cleaning facilities for producing ultra- clean coals which can be converted into coal-water slurry premium fuel. The coal cleaning technologies to be developed were advanced column flotation and selective agglomeration, and the goal was to produce fuel meeting the following specifications.

  4. Engineering development of advanced physical fine coal cleaning for premium fuel applications

    Energy Technology Data Exchange (ETDEWEB)

    Smit, F.J.; Jha, M.C.; Phillips, D.I.; Yoon, R.H.

    1997-04-25

    The goal of this project is engineering development of two advanced physical fine coal cleaning processes, column flotation and selective agglomeration, for premium fuel applications. Its scope includes laboratory research and bench-scale testing on six coals to optimize these processes, followed by design and construction of a 2 t/h process development unit (PDU). Large lots of clean coal are to be produced in the PDU from three project coals. Investigation of the near-term applicability of the two advanced fine coal cleaning processes in an existing coal preparation plant is another goal of the project and is the subject of this report.

  5. Engineering development of advanced physical fine coal cleaning for premium fuel applications

    Energy Technology Data Exchange (ETDEWEB)

    Shields, G.L.; Smit, F.J.; Jha, M.C.

    1997-08-28

    The primary goal of this project is the engineering development of two advanced physical fine coal cleaning processes, column flotation and selective agglomeration, for premium fuel applications. The project scope included laboratory research and bench-scale testing on six coals to optimize these processes, followed by the design, construction and operation of 2 t/hr process development unit (PDU). This report represents the findings of the PDU Advanced Column Flotation Testing and Evaluation phase of the program and includes a discussion of the design and construction of the PDU. Three compliance steam coals, Taggart, Indiana VII and Hiawatha, were processed in the PDU to determine performance and design parameters for commercial production of premium fuel by advanced flotation. Consistent, reliable performance of the PDU was demonstrated by 72-hr production runs on each of the test coals. Its capacity generally was limited by the dewatering capacity of the clean coal filters during the production runs rather than by the flotation capacity of the Microcel column. The residual concentrations of As, Pb, and Cl were reduced by at least 25% on a heating value basis from their concentrations in the test coals. The reduction in the concentrations of Be, Cd, Cr, Co, Mn, Hg, Ni and Se varied from coal to coal but the concentrations of most were greatly reduced from the concentrations in the ROM parent coals. The ash fusion temperatures of the Taggart and Indiana VII coals, and to a much lesser extent the Hiawatha coal, were decreased by the cleaning.

  6. Coal-Based Oxy-Fuel System Evaluation and Combustor Development; Oxy-Fuel Turbomachinery Development for Energy Intensive Industrial Applications

    Energy Technology Data Exchange (ETDEWEB)

    Hollis, Rebecca

    2013-03-31

    Clean Energy Systems, Inc. (CES) partnered with the U.S. Department of Energy’s National Energy Technology Laboratory in 2005 to study and develop a competing technology for use in future fossil-fueled power generation facilities that could operate with near zero emissions. CES’s background in oxy-fuel (O-F) rocket technology lead to the award of Cooperative Agreement DE-FC26-05NT42645, “Coal-Based Oxy-Fuel System Evaluation and Combustor Development,” where CES was to first evaluate the potential of these O-F power cycles, then develop the detailed design of a commercial-scale O-F combustor for use in these clean burning fossil-fueled plants. Throughout the studies, CES found that in order to operate at competitive cycle efficiencies a high-temperature intermediate pressure turbine was required. This led to an extension of the Agreement for, “Oxy-Fuel Turbomachinery Development for Energy Intensive Industrial Applications” where CES was to also develop an intermediate-pressure O-F turbine (OFT) that could be deployed in O-F industrial plants that capture and sequester >99% of produced CO2, at competitive cycle efficiencies using diverse fuels. The following report details CES’ activities from October 2005 through March 2013, to evaluate O-F power cycles, develop and validate detailed designs of O-F combustors (main and reheat), and to design, manufacture, and test a commercial-scale OFT, under the three-phase Cooperative Agreement.

  7. Feasibility of Technologies to Produce Coal-Based Fuels with Equal or Lower Greenhouse Gas Emissions than Petroleum Fuels

    Science.gov (United States)

    2014-12-22

    Estimated carbon dioxide (CO2) emissions over the life cycle of alternative fuels, from the mining and harvesting of resources to the conversion process...utilization, and storage CO2 Carbon dioxide CO2eq CO2 equivalent (metric measure used to compare the emissions from various greenhouse gases based upon their...been reported for oil palm biofuels), the GHG emissions factor for biomass feedstocks may even exceed that of petroleum. Additionally, incorporating

  8. ENGINEERING DEVELOPMENT OF ADVANCED PHYSICAL FINE COAL CLEANING FOR PREMIUM FUEL APPLICATIONS

    Energy Technology Data Exchange (ETDEWEB)

    none,

    1997-06-01

    Bechtel, together with Amax Research and Development Center (Amax R&D), has prepared this study which provides conceptual cost estimates for the production of premium quality coal-water slurry fuel (CWF) in a commercial plant. Two scenarios are presented, one using column flotation technology and the other the selective agglomeration to clean the coal to the required quality specifications. This study forms part of US Department of Energy program "Engineering Development of Advanced Physical Fine Coal Cleaning for Premium Fuel Applications," (Contract No. DE-AC22- 92PC92208), under Task 11, Project Final Report. The primary objective of the Department of Energy program is to develop the design base for prototype commercial advanced fine coal cleaning facilities capable of producing ultra-clean coals suitable for conversion to stable and highly loaded CWF. The fuels should contain less than 2 lb ash/MBtu (860 grams ash/GJ) of HHV and preferably less than 1 lb ash/MBtu (430 grams ash/GJ). The advanced fine coal cleaning technologies to be employed are advanced column froth flotation and selective agglomeration. It is further stipulated that operating conditions during the advanced cleaning process should recover not less than 80 percent of the carbon content (heating value) in the run-of-mine source coal. These goals for ultra-clean coal quality are to be met under the constraint that annualized coal production costs does not exceed $2.5 /MBtu ($ 2.37/GJ), including the mine mouth cost of the raw coal. A further objective of the program is to determine the distribution of a selected suite of eleven toxic trace elements between product CWF and the refuse stream of the cleaning processes. Laboratory, bench-scale and Process Development Unit (PDU) tests to evaluate advanced column flotation and selective agglomeration were completed earlier under this program with selected coal samples. A PDU with a capacity of 2 st/h was designed by Bechtel and installed at Amax R

  9. Monolithic solid oxide fuel cell technology advancement for coal-based power generation. Quarterly technical status report, January--March 1992

    Energy Technology Data Exchange (ETDEWEB)

    1992-04-14

    The program is conducted by a team consisting of AiResearch Los Angeles Division of Allied-Signal Aerospace Company and Argonne National Laboratory (ANL). The objective of the program is to advance materials and fabrication methodologies to develop a monolithic solid oxide fuel cell (MSOFC) system capable of meeting performance, life, and cost goals for coal-based power generation. The program focuses on materials research and development, fabrication process development, cell/stack performance testing and characterization, cost and system analysis, and quality development.

  10. Hydroprocessing and premium II refinery: a new refining philosophy for an era of clean fuels

    Energy Technology Data Exchange (ETDEWEB)

    Delgaudio, Caio Veiga Penna; Pinotti, Rafael [Petroleo Brasileiro S.A. (PETROBRAS), Rio de Janeiro, RJ (Brazil)

    2012-07-01

    This paper discusses a brief history of Brazilian's emission and fuel specifications, since the appearance of PROCONVE until the late stages of the program for vehicles powered by gasoline and diesel. The development of the Brazilian refining is analyzed taking into account the emission and specification evolutions, and it can be perceived that the system's complexity increases while new constraints are imposed by the regulator. This aspect is even more apparent when the detailed scheme of the Premium II refinery and its main unit, the catalytic hydrocracker (HCC, which has not yet been part of PETROBRAS' refining park and will appear in three of the four new refineries of the company) is described. The new projects represent the culmination of the intensive use of energy and raw material for obtaining the products with the new specifications. There is a price for this development, both in investments and increased operating costs due to greater complexity of the system. To adapt to the era of clean fuels, refiners will present a series of challenges that will lead them to seek for more efficient processes and operational excellence (and ongoing efforts to reduce their emissions) in order to ensure positive refining margins. (author)

  11. Engineering development of advance physical fine coal cleaning for premium fuel applications

    Energy Technology Data Exchange (ETDEWEB)

    Jha, M.C.; Smit, F.J.; Shields, G.L. [AMAX R& D Center/ENTECH Global Inc., Golden, CO (United States)

    1995-11-01

    The objective of this project is to develop the engineering design base for prototype fine coal cleaning plants based on Advanced Column Flotation and Selective Agglomeration processes for premium fuel and near-term applications. Removal of toxic trace elements is also being investigated. The scope of the project includes laboratory research and bench-scale testing of each process on six coals followed by design, construction, and operation of a 2 tons/hour process development unit (PDU). Three coals will be cleaned in tonnage quantity and provided to DOE and its contractors for combustion evaluation. Amax R&D (now a subsidiary of Cyprus Amax Mineral Company) is the prime contractor. Entech Global is managing the project and performing most of the research and development work as an on-site subcontractor. Other participants in the project are Cyprus Amax Coal Company, Arcanum, Bechtel, TIC, University of Kentucky and Virginia Tech. Drs. Keller of Syracuse and Dooher of Adelphi University are consultants.

  12. Premium Fuel Production From Mining and Timber Waste Using Advanced Separation and Pelletizing Technologies

    Energy Technology Data Exchange (ETDEWEB)

    Honaker, R. Q.; Taulbee, D.; Parekh, B. K.; Tao, D.

    2005-12-05

    The Commonwealth of Kentucky is one of the leading states in the production of both coal and timber. As a result of mining and processing coal, an estimated 3 million tons of fine coal are disposed annually to waste-slurry impoundments with an additional 500 million tons stored at a number of disposal sites around the state due to past practices. Likewise, the Kentucky timber industry discards nearly 35,000 tons of sawdust on the production site due to unfavorable economics of transporting the material to industrial boilers for use as a fuel. With an average heating value of 6,700 Btu/lb, the monetary value of the energy disposed in the form of sawdust is approximately $490,000 annually. Since the two industries are typically in close proximity, one promising avenue is to selectively recover and dewater the fine-coal particles and then briquette them with sawdust to produce a high-value fuel. The benefits are i) a premium fuel product that is low in moisture and can be handled, transported, and utilized in existing infrastructure, thereby avoiding significant additional capital investment and ii) a reduction in the amount of fine-waste material produced by the two industries that must now be disposed at a significant financial and environmental price. As such, the goal of this project was to evaluate the feasibility of producing a premium fuel with a heating value greater than 10,000 Btu/lb from waste materials generated by the coal and timber industries. Laboratory and pilot-scale testing of the briquetting process indicated that the goal was successfully achieved. Low-ash briquettes containing 5% to 10% sawdust were produced with energy values that were well in excess of 12,000 Btu/lb. A major economic hurdle associated with commercially briquetting coal is binder cost. Approximately fifty binder formulations, both with and without lime, were subjected to an extensive laboratory evaluation to assess their relative technical and economical effectiveness as binding

  13. Premium Fuel Production From Mining and Timber Waste Using Advanced Separation and Pelletizing Technologies

    Energy Technology Data Exchange (ETDEWEB)

    Honaker, R. Q.; Taulbee, D.; Parekh, B. K.; Tao, D.

    2005-12-05

    The Commonwealth of Kentucky is one of the leading states in the production of both coal and timber. As a result of mining and processing coal, an estimated 3 million tons of fine coal are disposed annually to waste-slurry impoundments with an additional 500 million tons stored at a number of disposal sites around the state due to past practices. Likewise, the Kentucky timber industry discards nearly 35,000 tons of sawdust on the production site due to unfavorable economics of transporting the material to industrial boilers for use as a fuel. With an average heating value of 6,700 Btu/lb, the monetary value of the energy disposed in the form of sawdust is approximately $490,000 annually. Since the two industries are typically in close proximity, one promising avenue is to selectively recover and dewater the fine-coal particles and then briquette them with sawdust to produce a high-value fuel. The benefits are i) a premium fuel product that is low in moisture and can be handled, transported, and utilized in existing infrastructure, thereby avoiding significant additional capital investment and ii) a reduction in the amount of fine-waste material produced by the two industries that must now be disposed at a significant financial and environmental price. As such, the goal of this project was to evaluate the feasibility of producing a premium fuel with a heating value greater than 10,000 Btu/lb from waste materials generated by the coal and timber industries. Laboratory and pilot-scale testing of the briquetting process indicated that the goal was successfully achieved. Low-ash briquettes containing 5% to 10% sawdust were produced with energy values that were well in excess of 12,000 Btu/lb. A major economic hurdle associated with commercially briquetting coal is binder cost. Approximately fifty binder formulations, both with and without lime, were subjected to an extensive laboratory evaluation to assess their relative technical and economical effectiveness as binding

  14. Calculating the Energy Cost of CO2 Removal in a Coal Based Gas Turbine Fuel Cell Hybrid Power Generation System with an Isolated Anode Stream

    Energy Technology Data Exchange (ETDEWEB)

    Vanosdol, J G; Gemmen, R S; Liese, E A

    2007-10-01

    In recent years there has been significant interest in identifying carbon capturing technologies that can be applied to fossil fuel power generation plants.CO2 capture technologies seek to reduce the amount of CO2 that would normally be emitted into the atmosphere from the daily operation of these plants. In terms of system efficiency and operating costs, this carbon capture is expensive. Further, the additional equipment that would be used to capture CO2 emissions greatly adds to the complexity of the system. There has also been significant interest in coal based gas turbine fuel cell hybrid power plants. A hybrid power plant can have much greater system efficiency than a normal gas turbine power plant because the heat that is normally unused in a standalone solid oxide fuel cell (SOFC) is recovered and used to drive a power producing turbine. It is thought that the increased system efficiency of the hybrid system might compensate for the increased expense of performing carbon capture. In order to provide some analytical insight on this tradeoff we present a 100 MW class coal fired gas turbine SOFC hybrid power generation system. The hybrid system operates at a pressure ratio of 6, and uses heat recuperation and cathode air recirculation to control the SOFC inlet temperature and the temperature change across the SOFC. A carbon capture scheme is added to this system in order to calculate the relative energy cost in terms of system efficiency due to CO2 compression. The carbon capture is performed by burning the unused fuel from the SOFC in an isolated anode stream using pure O2 injection. The resulting heat that is generated from this process is then used to drive a secondary turbine that is placed in the anode exhaust stream where more work is extracted. With an isolated anode stream, the products of combustion from this secondary combustion process are mostly water and carbon dioxide. The water by-product is

  15. Engineering development of advanced physical fine coal cleaning for premium fuel applications. Quarterly report, April 1--June 30, 1997

    Energy Technology Data Exchange (ETDEWEB)

    Moro, N.; Shields, G.L.; Smit, F.J.; Jha, M.C.

    1997-12-31

    The primary goal of this project is the engineering development of two advanced physical fine coal cleaning processes, column flotation and selective agglomeration, for premium fuel applications. The project scope includes laboratory research and bench-scale testing on six coals to optimize these processes, followed by the design, construction, and operation of a 2 t/hr process development unit (PDU). Accomplishments during the quarter are described on the following tasks and subtasks: Development of near-term applications (engineering development and dewatering studies); Engineering development of selective agglomeration (bench-scale testing and process scale-up); PDU and advanced column flotation module (coal selection and procurement and advanced flotation topical report); Selective agglomeration module (module operation and clean coal production with Hiawatha, Taggart, and Indiana 7 coals); Disposition of the PDU; and Project final report. Plans for next quarter are discussed and agglomeration results of the three tested coals are presented.

  16. Characterization of polycyclic aromatic hydrocarbons from the diesel engine by adding light cycle oil to premium diesel fuel.

    Science.gov (United States)

    Lin, Yuan-Chung; Lee, Wen-Jhy; Chen, Chung-Bang

    2006-06-01

    Diesel fuels governed by U.S. regulations are based on the index of the total aromatic contents. Three diesel fuels, containing various fractions of light cycle oil (LCO) and various sulfur, total polyaromatic, and total aromatic contents, were used in a heavy-duty diesel engine (HDDE) under transient cycle test to assess the feasibility of using current indices in managing the emissions of polycyclic aromatic hydrocarbons (PAHs) from HDDE. The mean sulfur content in LCO is 20.8 times as much as that of premium diesel fuel (PDF). The mean total polyaromatic content in LCO is 28.7 times as much as that of PDF, and the mean total aromatic content in LCO is 2.53 times as much as that of PDF. The total polyaromatic hydrocarbon emission factors in the exhaust from the diesel engine, as determined using PDF L3.5 (3.5% LCO and 96.5% PDF), L7.5 (7.5% LCO and 92.5% PDF), and L15 (15% LCO and 85% PDF) were 14.3, 25.8, 44, and 101 mg L(-1), respectively. The total benzo(a)pyrene equivalent (BaPeq) emission factors in the exhaust from PDF, L3.5, L7.5, and L15 were 0.0402, 0.121, 0.219, and 0.548 mg L(-1), respectively. Results indicated that using L3.5 instead of PDF will result in an 80.4% and a 201% increase of emission for total PAHs and total BaPeq, respectively. The relationships between the total polyaromatic hydrocarbon emission factor and the two emission control indices, including fuel polyaromatic content and fuel aromatic content, suggest that both indices could be used feasibly to regulate total PAH emissions. These results strongly suggest that LCO used in the traveling diesel vehicles significantly influences PAH emissions.

  17. Magnesium carbide synthesis from methane and magnesium oxide - a potential methodology for natural gas conversion to premium fuels and chemicals

    Energy Technology Data Exchange (ETDEWEB)

    Diaz, A.F.; Modestino, A.J.; Howard, J.B. [Massachusetts Institute of Technology, Cambridge, MA (United States)] [and others

    1995-12-31

    Diversification of the raw materials base for manufacturing premium fuels and chemicals offers U.S. and international consumers economic and strategic benefits. Extensive reserves of natural gas in the world provide a valuable source of clean gaseous fuel and chemical feedstock. Assuming the availability of suitable conversion processes, natural gas offers the prospect of improving flexibility in liquid fuels and chemicals manufacture, and thus, the opportunity to complement, supplement, or displace petroleum-based production as economic and strategic considerations require. The composition of natural gas varies from reservoir to reservoir but the principal hydrocarbon constituent is always methane (CH{sub 4}). With its high hydrogen-to-carbon ratio, methane has the potential to produce hydrogen or hydrogen-rich products. However, methane is a very chemically stable molecule and, thus, is not readily transformed to other molecules or easily reformed to its elements (H{sub 2} and carbon). In many cases, further research is needed to augment selectivity to desired product(s), increase single-pass conversions, or improve economics (e.g. there have been estimates of $50/bbl or more for liquid products) before the full potential of these methodologies can be realized on a commercial scale. With the trade-off between gas conversion and product selectivity, a major challenge common to many of these technologies is to simultaneously achieve high methane single-pass conversions and high selectivity to desired products. Based on the results of the scoping runs, there appears to be strong indications that a breakthrough has finally been achieved in that synthesis of magnesium carbides from MgO and methane in the arc discharge reactor has been demonstrated.

  18. Examination of the effect of system pressure ratio and heat recuperation on the efficiency of a coal based gas turbine fuel cell hybrid power generation system with CO2 capture

    Energy Technology Data Exchange (ETDEWEB)

    VanOsdol, J.G.; Gemmen, R.S.; Liese, E.A

    2008-06-01

    This paper examines two coal-based hybrid configurations that employ separated anode and cathode streams for the capture and compression of CO2. One configuration uses a standard Brayton cycle, and the other adds heat recuperation ahead of the fuel cell. Results show that peak efficiencies near 55% are possible, regardless of cycle configuration, including the cost in terms of energy production of CO2 capture and compression. The power that is required to capture and compress the CO2 is shown to be approximately 15% of the total plant power.

  19. 煤基醇类混合燃料柴油机的燃烧及排放特性%Combustion and emission performances of diesel engine burning coal based Fischer-Tropsch alcohol mixed fuel

    Institute of Scientific and Technical Information of China (English)

    武志斐; 王铁; 左鹏; 杨甜甜; 曹贻森; 王文坤

    2015-01-01

    利用煤基费托(Fischer Tropsch, F-T)燃料的高十六烷值特性和醇类燃料的含氧特性,提出了F-T柴油掺烧醇类燃料的煤基混合燃料的思路。在F-T柴油中添加10%体积比的甲醇﹑乙醇与丁醇燃料,通过与0#柴油比较来研究不同的醇燃料对发动机性能的影响规律。结果表明:相对于0#柴油,该混合燃料的燃烧始点提前,燃烧放热中心累计放热量达50%时对应的曲轴转角CA50向后推迟,燃烧放热率第一峰值点降低,预混合燃烧放热量降低;第二峰值点升高,扩散燃烧所占比重增加。在外特性下,混合燃料的NOx﹑碳烟与HCHO排放都大幅降低,并且相同体积甲醇燃料对于柴油机排放的优化效果更加明显。%An idea was proposed to use Fischer-Tropsch (F-T) diesel fuel blended together with alcohol fuel coal based fuel, which have high cetane value and oxygen. The combustion and emission characteristic effect was investigated for the Fischer-Tropsch (F-T) diesel adding 10% volume of methanol, ethanol and butanol fuel on comparing with 0# diesel fuel. The results show that compared to the 0# diesel fuel, the ignition time is advanced and the combustion heat release center CA50, means the crankshaft angle corresponding to 50% of the total heat release, is postponed. The ifrst peak combustion heat release rate decreases. Premixed combustion heat reduces. The other peak value increases and the diffusion combustion in proportion increases. Coal based Fischer-Tropsch alcohol mixed fuel can reduce NOx, carbon smoke and formaldehyde emissions and the same volume of methanol fuel has better effect on diesel engine emissions optimization, under external characteristic.

  20. 柴油轿车燃用煤基F-T合成油的排放特性%Emission Characteristics of a Diesel Car Fueled with Coal Based Fischer-Tropsch(F-T) Diesel and Fossil Diesel Blends

    Institute of Scientific and Technical Information of China (English)

    胡志远; 程亮; 谭丕强; 楼狄明

    2012-01-01

    依据GB 18352.3-2005Ⅰ型试验循环,对帕萨特柴油轿车燃用沪四柴油、煤基F-T合成油、体积混合比例分别为10%和50%的煤基F-T合成油-沪四柴油混合燃料的CO、NOx、HC、PM和CO2排放特性进行了试验研究,分析了该车燃用F-T合成油尾气污染物排放的环境影响特性.结果表明,GB 18352.3-2005Ⅰ型试验循环中,该车燃用煤基F-T合成油-沪四柴油混合燃料城区行驶循环排放的CO、HC、PM和CO2相对较高,城郊行驶循环排放的NOx相对较高;与沪四柴油比较,该柴油轿车燃用煤基F-T合成油-沪四柴油混合燃料后,其CO、NOx、HC、PM和CO2排放均有不同程度的降低,且产生气溶胶、酸化、全球变暖等环境影响的潜力减小.煤基F-T合成油是一种较理想的柴油替代/补充燃料.%According to the first type test cycle of China national standard GB 18352.3-2005,the CO,NOx,HC,PM and CO2 emission characteristics of a PASSAT diesel car fueled with Shanghai local Ⅳ diesel,coal based Fischer-Tropsch(F-T) diesel,and the blends of coal based F-T diesel and Shanghai local Ⅳ diesel up to 10% and 50% by volume were analyzed respectively.And the environmental impacts such as decreased air quality,health impact,photochemical ozone,global warming,and acidification that could be caused by CO,NOx,HC,PM and CO2 emission of the diesel car were also assessed.The results showed that under GB 18352.3-2005 No.1 test driving cycle,which consisted of four urban driving cycles and one extra urban driving cycle,the CO,HC,PM and CO2 emissions were released mainly in the urban driving cycles whereas the NOx emissions occurred mainly in the extra urban driving cycle.Compared with Shanghai local Ⅳ diesel,all of the CO,NOx,HC,PM and CO2 emissions of the diesel car decreased to different extents when fueled with coal based F-T diesel blends.Moreover,the aerosol generation potential,global warming potential and acidification potential of F-T diesel fueled diesel

  1. Engineering Development of Advanced Physical Fine Coal Cleaning for Premium Fuel Applications: Task 9 - Selective agglomeration Module Testing and Evaluation.

    Energy Technology Data Exchange (ETDEWEB)

    Moro, N.` Jha, M.C.

    1997-09-29

    The primary goal of this project was the engineering development of two advanced physical fine coal cleaning processes, column flotation and selective agglomeration, for premium fuel applications. The project scope included laboratory research and bench-scale testing of both processes on six coals to optimize the processes, followed by the design, construction, and operation of a 2 t/hr process development unit (PDU). The project began in October, 1992, and is scheduled for completion by September 1997. This report summarizes the findings of all the selective agglomeration (SA) test work performed with emphasis on the results of the PDU SA Module testing. Two light hydrocarbons, heptane and pentane, were tested as agglomerants in the laboratory research program which investigated two reactor design concepts: a conventional two-stage agglomeration circuit and a unitized reactor that combined the high- and low-shear operations in one vessel. The results were used to design and build a 25 lb/hr bench-scale unit with two-stage agglomeration. The unit also included a steam stripping and condensation circuit for recovery and recycle of heptane. It was tested on six coals to determine the optimum grind and other process conditions that resulted in the recovery of about 99% of the energy while producing low ash (1-2 lb/MBtu) products. The fineness of the grind was the most important variable with the D80 (80% passing size) varying in the 12 to 68 micron range. All the clean coals could be formulated into coal-water-slurry-fuels with acceptable properties. The bench-scale results were used for the conceptual and detailed design of the PDU SA Module which was integrated with the existing grinding and dewatering circuits. The PDU was operated for about 9 months. During the first three months, the shakedown testing was performed to fine tune the operation and control of various equipment. This was followed by parametric testing, optimization/confirmatory testing, and finally a

  2. Engineering Development of Advanced Physical Fine Coal Cleaning for Premium Fuel Applications: Task 9 - Selective agglomeration Module Testing and Evaluation.

    Energy Technology Data Exchange (ETDEWEB)

    Moro, N.` Jha, M.C.

    1997-09-29

    The primary goal of this project was the engineering development of two advanced physical fine coal cleaning processes, column flotation and selective agglomeration, for premium fuel applications. The project scope included laboratory research and bench-scale testing of both processes on six coals to optimize the processes, followed by the design, construction, and operation of a 2 t/hr process development unit (PDU). The project began in October, 1992, and is scheduled for completion by September 1997. This report summarizes the findings of all the selective agglomeration (SA) test work performed with emphasis on the results of the PDU SA Module testing. Two light hydrocarbons, heptane and pentane, were tested as agglomerants in the laboratory research program which investigated two reactor design concepts: a conventional two-stage agglomeration circuit and a unitized reactor that combined the high- and low-shear operations in one vessel. The results were used to design and build a 25 lb/hr bench-scale unit with two-stage agglomeration. The unit also included a steam stripping and condensation circuit for recovery and recycle of heptane. It was tested on six coals to determine the optimum grind and other process conditions that resulted in the recovery of about 99% of the energy while producing low ash (1-2 lb/MBtu) products. The fineness of the grind was the most important variable with the D80 (80% passing size) varying in the 12 to 68 micron range. All the clean coals could be formulated into coal-water-slurry-fuels with acceptable properties. The bench-scale results were used for the conceptual and detailed design of the PDU SA Module which was integrated with the existing grinding and dewatering circuits. The PDU was operated for about 9 months. During the first three months, the shakedown testing was performed to fine tune the operation and control of various equipment. This was followed by parametric testing, optimization/confirmatory testing, and finally a

  3. HSC simulations of coal based DR in ULCORED

    Energy Technology Data Exchange (ETDEWEB)

    Bergman, L.; Larsson, M. [Mefos Metallurgical Research Plant, Lulea (Sweden)

    2009-10-15

    The ULCORED coal based concept is simulated based on the production of syngas using existing coal gasification technology. The shifter gives the option to produce CO{sub 2}-lean H{sub 2} from coal/biomass for in plant use. Large CO{sub 2} emissions arise on site from the use of natural gas in heating ovens and from the use of electricity in EAF melting. In the case of these coal based systems, production of 'excess gas' to be used as fuel gas in various processes will reduce the CO{sub 2} emission for the total site.

  4. Field performance of a premium heating oil

    Energy Technology Data Exchange (ETDEWEB)

    Santa, T. [Santa Fuels, Inc., Bridgeport, CT (United States); Jetter, S.M. [Mobil Oil R & D Corp., Paulsboro, NJ (United States)

    1996-07-01

    As part of our ongoing research to provide quality improvements to heating oil, Mobil Oil together with Santa Fuel, Inc., conducted a field trial to investigate the performance of a new premium heating oil. This premium heating oil contains an additive system designed to minimize sludge related problems in the fuel delivery system of residential home heating systems. The additive used was similar to others reported at this and earlier BNL conferences, but was further developed to enhance its performance in oil heat systems. The premium heating oil was bulk additized and delivered to a subset of the customer base. Fuel related, unscheduled service calls were monitored in this test area, as well as in a similar baseline area that did not receive the premium heating oil. Overall, the premium fuel provided a 45% reduction in the occurrence of fuel related, unscheduled service calls as compared to the baseline area. Within this population, there was a reduction of 38% in systems with 275 gallon tanks, and 55% in systems that had >275 gallon tanks showing that the additive is effective in the various configurations of residential oil heat systems. In addition, photographic documentation collected at two accounts supported this improvement by clearly showing that the equipment remained cleaner with the premium heating oil than with regular heating oil. Based on these results, a full marketing trial of this new product has been initiated by Mobil and Santa Fuel, Inc., during the 1995-1996 heating season.

  5. Downside Variance Risk Premium

    OpenAIRE

    Feunou, Bruno; Jahan-Parvar, Mohammad R.; Okou, Cédric

    2015-01-01

    We propose a new decomposition of the variance risk premium in terms of upside and downside variance risk premia. The difference between upside and downside variance risk premia is a measure of skewness risk premium. We establish that the downside variance risk premium is the main component of the variance risk premium, and that the skewness risk premium is a priced factor with significant prediction power for aggregate excess returns. Our empirical investigation highlights the positive and s...

  6. 煤基直接碳燃料电池硫处理工艺探索%The explore of sulfur treatment technology for coal-based direct carbon fuel cell

    Institute of Scientific and Technical Information of China (English)

    毕文彦; 万剑峰; 蒋荣立

    2014-01-01

    Coal is the main energy in our country. As a main forms of energy production,coal power plants produces a large amount noxious gases with greenhouse gas CO2 ,sulfur compounds,and so on. Theoretical value of the coal-based direct carbon fuel cells thermodynamic efficiency is closed to 100% and it can re-alize CO2 zero-emission. It’s the key energy utilization technology of high efficiency and low carbon emis-sion. The industrial application of the battery is restricted by the sulfur poisoning. The complex desulfu-rization process(PCESTO)for raw coal,consisted of gravity flotation,chemical oxidation,electrochemical oxidation,ionic liquid extraction,solvent extraction and rising temperature. PCESTE can effectively reduce the content of sulfur in coal and remove convert poisonous sulfur into the non-poisonous one in the direct carbon fuel cell.%煤炭是我国的主要能源,以燃烧煤为主的煤炭利用过程产生了大量的温室气体 CO2、含硫化合物气体等。通过煤基直接碳燃料电池发电,理论热力学效率接近100%,而且可以实现 CO2的零排放,是煤高效、低碳洁净利用的关键技术,其大规模推广应用却受到原煤含硫化合物引起的硫中毒的制约。通过对现有煤脱硫工艺进行分析,提出洗选→化学氧化→电化学氧化→离子液体萃取→溶剂萃取→高温固硫(PCESTO)阶段联合处理工艺对原煤进行脱硫处理,可以有效降低煤中硫含量,定向转化直接碳燃料电池中硫的存在形式,减少和消除硫对直接碳燃料电池电极的毒化作用。

  7. Decreasing Relative Risk Premium

    DEFF Research Database (Denmark)

    Hansen, Frank

    We consider the risk premium demanded by a decision maker with wealth x in order to be indifferent between obtaining a new level of wealth y1 with certainty, or to participate in a lottery which either results in unchanged present wealth or a level of wealth y2 > y1. We define the relative risk...... premium as the quotient between the risk premium and the increase in wealth y1–x which the decision maker puts on the line by choosing the lottery in place of receiving y1 with certainty. We study preferences such that the relative risk premium is a decreasing function of present wealth, and we determine...... relative risk premium in the small implies decreasing relative risk premium in the large, and decreasing relative risk premium everywhere implies risk aversion. We finally show that preferences with decreasing relative risk premium may be equivalently expressed in terms of certain preferences on risky...

  8. Engineering development of advanced physical fine coal cleaning for premium fuel applications. Quarterly technical progress report 14, January--March 1996

    Energy Technology Data Exchange (ETDEWEB)

    Moro, N.; Shields, G.L.; Smit, F.J.; Jha, M.C.

    1996-04-30

    The primary goal of this project is the engineering development of two advanced physical fine coal cleaning processes, column flotation and selective agglomeration, for premium fuel applications. The project scope includes laboratory research and bench-scale testing on six coals to optimize these processes, followed by the design, construction, and operation of a 2-t/hr process development unit (PDU). The project began in October, 1992, and is scheduled for completion by June 1997. During Quarter 14 (January--March 1996), parametric testing of the 30-inch Microcel{trademark} flotation column at the Lady Dunn Plant continued under Subtask 3.2. Subtask 3. 3 testing, investigating a novel Hydrophobic Dewatering process (HD), continued this quarter with parametric testing of the batch dewatering unit. Coal product moistures of 3 to 12 percent were achieved, with higher percent solids slurry feeds resulting in lower product moistures. For a given percent solids feed, the product moisture decreased with increasing butane to dry coal ratios. Stirring time, stirring rate, and settling time were all found to have little effect on the final moisture content. Continuing Subtask 6.4 work, investigating coal-water-fuel slurry formulation for coals cleaned by selective agglomeration, indicated that pH adjustment to 10 resulted in marginally better (lower viscosity) slurries for one of the two coals tested. Subtask 6.5 agglomeration bench-scale testing results indicate that the new Taggart coal requires a grind with a d{sub 80} of approximately 33 microns to achieve the 1 lb ash/MBtu product quality specification. Also under Subtask 6.5, reductions in the various trace element concentrations accomplished during selective agglomeration were determined. Work was essentially completed on the detailed design of the PDU selective agglomeration module under Task 7 with the issuing of a draft report.

  9. Engineering development of advanced physical fine coal cleaning for premium fuel applications. Quarterly technical progress report 12, July--September 1995

    Energy Technology Data Exchange (ETDEWEB)

    Moro, N.; Shields, G.L.; Smit, F.J.; Jha, M.C.

    1995-10-31

    The primary goal of this project is the engineering development of two advanced physical fine coal cleaning processes, column flotation and selective agglomeration, for premium fuel applications. The project scope includes laboratory research and bench-scale testing on six coals to optimize these processes, followed by design, and construction and operation of a 2-t/hr process development unit. The project began in October, 1992, and is scheduled for completion by June, 1997. During Quarter 12 (July--September 1995), work continued on the Subtask 3.2 in-plant testing of the Microcel{trademark} flotation column at Lady Dunn. Under Subtask 4.4, additional toxic trace element analysis of column flotation samples finalized the data set. Data analysis indicates that reasonably good mass balances were achieved for most elements. The final Subtask 6.3 Selective Agglomeration Process Optimization topical report was issued this quarter. Preliminary Subtask 6.4 work investigating coal-water-fuel slurry formulation indicated that selective agglomeration products formulate slurries with lower viscosities than advanced flotation products. Work continued on Subtask 6.5 agglomeration bench-scale testing. Results indicate that a 2 lb ash/MBtu product could be produced at a 100-mesh topsize with the Elkhorn No. 3 coal. The detailed design of the 2 t/hr selective agglomeration module neared completion this quarter with the completion of additional revisions of both the process flow, and the process piping and instrument diagrams. Construction of the 2 t/hr PDU and advanced flotation module was completed this quarter and startup and shakedown testing began.

  10. Bio-MTBE. How to reduce CO{sub 2} footprint in fuels with a well known premium gasoline component

    Energy Technology Data Exchange (ETDEWEB)

    Busch, O.; Schade, A.; Rasch, H.; Schulte-Koerne, E. [Evonik Industries AG, Marl (Germany)

    2012-07-01

    With the revision of Renewable Energy Directive (RED) and Fuels Quality Directive (FQD) in 2009 the EU Commission promoted the use of biofuels, especially of those made from residues and waste because of their favourable CO{sub 2} footprint. Crude glycerol is an inevitable residue of conventional biodiesel production and can therefore be used to make 2{sup nd} generation biofuels, in this case bio-methanol. Methanol itself has several application issues as a fuel and can only be blended into gasoline at low quantities (max. 3 vol.-% according to European gasoline specification EN 228). However, today methanol is virtually absent in European gasoline due to its detrimental properties (e.g. corrosivity, water miscibility, etc.). In contrast to this, MTBE (methyl tertiary butyl ether) made from methanol and isobutylene is a high value gasoline component that can be blended into gasoline at high quantities without any application issues. Current European gasoline specification allows up to 15 vol.-%% and the revised FQD has enabled the specification to be expanded to up to 22 vol.-% MTBE in gasoline. Thus, bio-methanol converted into bio-MTBE is an appropriate pathway to get a 2{sup nd} generation biofuel into the blending pool with perfect compatibility with infrastructure and the existing car fleet. (orig.)

  11. Engineering development of advanced physical fine coal cleaning for premium fuel applications. Quarterly technical progress report 9, October 1, 1994--December 31, 1994

    Energy Technology Data Exchange (ETDEWEB)

    Moro, N.; Shields, G.L.; Smit, F.J.; Jha, M.C. [AMAX Research and Development Center, Golden, CO (United States)

    1995-01-25

    The primary goal of this project is the engineering development of two advanced physical fine coal cleaning processes, column flotation and selective agglomeration, for premium fuel applications. The project scope includes laboratory research and bench-scale testing on six coals to optimize these processes, followed by design, and construction of a 2-t/hr process development unit (PDU). The PDU will then be operated to generate 200 ton lots of each of three project coals, by each process. The project began in October, 1992 and is scheduled for completion by March, 1997. During Quarter 9 (October--December, 1995), parametric and optimization testing was completed for the Taggart, Sunnyside, and Indiana VII coal using a 12-inch Microcel{trademark} flotation column. The detailed design of the 2-t/hr PDU grinding, flotation, and dewatering circuits neared completion with the specification of the major pieces of capital equipment to be purchased for these areas. Selective agglomeration test work investigated the properties of various industrial grades of heptane for use during bench- and PDU-scale testing. It was decided to use a hydrotreated grade of commercial heptane due to its low cost and low concentration of aromatic compounds. The final Subtask 6.4 CWF Formulation Studies Test Plan was issued. A draft version of the Subtask 6.5 Preliminary Design and Test Plan Report was also issued, discussing the progress made in the design of the bench-scale selective agglomeration unit. PDU construction work moved forward through the issuing of 26 request for quotations and 21 award packages for capital equipment.

  12. Decreasing relative risk premium

    DEFF Research Database (Denmark)

    Hansen, Frank

    2007-01-01

    such that the corresponding relative risk premium is a decreasing function of present wealth, and we determine the set of associated utility functions. We find a new characterization of risk vulnerability and determine a large set of utility functions, closed under summation and composition, which are both risk vulnerable...... and have decreasing relative risk premium. We finally introduce the notion of partial risk neutral preferences on binary lotteries and show that partial risk neutrality is equivalent to preferences with decreasing relative risk premium...

  13. Clean fuel for demanding environmental markets

    Energy Technology Data Exchange (ETDEWEB)

    Josewicz, W.; Natschke, D.E. [Acurex Environmental Corp., Research Triangle Park, NC (United States)

    1995-12-31

    Acurex Environmental Corporation is bringing Clean Fuel to the environmentally demand Krakow market, through the cooperative agreement with the U.S. Department of Energy. Clean fuel is a proprietary clean burning coal-based energy source intended for use in stoves and hand stoked boilers. Clean Fuel is a home heating fuel that is similar in form and function to raw coal, but is more environmentally friendly and lower in cost. The heating value of Clean Fuel is 24,45 kJ/kg. Extensive sets of confirmation runs were conducted in the Academy of Mining and Metallurgy in the Krakow laboratories. It demonstrated up to 54 percent reduction of particulate matter emission, up to 35 percent reduction of total hydrocarbon emissions. Most importantly, polycyclic aromatic hydrocarbons (toxic and carcinogens compounds) emissions were reduced by up to 85 percent, depending on species measured. The above comparison was made against premium chunk coal that is currently available in Krakow for approximately $83 to 93/ton. Clean Fuel will be made available in Krakow at a price approximately 10 percent lower than that of the premium chunk coal.

  14. THE DEVELOPMENT OF COAL-BASED TECHNOLOGIES FOR DEPARTMENT OF DEFENSE FACILITIES

    Energy Technology Data Exchange (ETDEWEB)

    Bruce G. Miller; Sharon Falcone Miller; Sarma V. Pisupati; Chunshan Song; Ronald S. Wasco; Ronald T. Wincek; Xiaochun Xu; Alan W. Scaroni; Richard Hogg; Subhash Chander; M. Thaddeus Ityokumbul; Mark S. Klima; Peter T. Luckie; Adam Rose; Richard L. Gordon; Jeffrey Lazo; A. Michael Schaal

    2004-01-30

    The third phase of a three-phase project investigating the development of coal-based technologies for US Department of Defense (DOD) facilities was completed. The objectives of the project were to: decrease DOD's dependence on foreign oil and increase its use of coal; promote public and private sector deployment of technologies for utilizing coal-based fuels in oil-designed combustion equipment; and provide a continuing environment for research and development of coal-based fuel technologies for small-scale applications at a time when market conditions in the US are not favorable for the introduction of coal-fired equipment in the commercial and industrial capacity ranges. The Phase III activities were focused on evaluating deeply-cleaned coals as fuels for industrial boilers and investigating emissions control strategies for providing ultra-low emissions when firing coal-based fuels. This was addressed by performing coal beneficiation and preparation studies, and bench- to demonstration-scale emissions reduction studies. In addition, economic studies were conducted focused on determining cost and market penetration, selection of incentives, and regional economic impacts of coal-based technologies.

  15. Seca Coal-Based Systems Program

    Energy Technology Data Exchange (ETDEWEB)

    Matthew Alinger

    2008-05-31

    This report summarizes the progress made during the August 1, 2006 - May 31, 2008 award period under Cooperative Agreement DE-FC26-05NT42614 for the U. S. Department of Energy/National Energy Technology Laboratory (USDOE/NETL) entitled 'SECA Coal Based Systems'. The initial overall objective of this program was to design, develop, and demonstrate multi-MW integrated gasification fuel cell (IGFC) power plants with >50% overall efficiency from coal (HHV) to AC power. The focus of the program was to develop low-cost, high performance, modular solid oxide fuel cell (SOFC) technology to support coal gas IGFC power systems. After a detailed GE internal review of the SOFC technology, the program was de-scoped at GE's request. The primary objective of this program was then focused on developing a performance degradation mitigation path for high performing, cost-effective solid oxide fuel cells (SOFCs). There were two initial major objectives in this program. These were: (1) Develop and optimize a design of a >100 MWe integrated gasification fuel cell (IGFC) power plant; (2) Resolve identified barrier issues concerning the long-term economic performance of SOFC. The program focused on designing and cost estimating the IGFC system and resolving technical and economic barrier issues relating to SOFC. In doing so, manufacturing options for SOFC cells were evaluated, options for constructing stacks based upon various cell configurations identified, and key performance characteristics were identified. Key factors affecting SOFC performance degradation for cells in contact with metallic interconnects were be studied and a fundamental understanding of associated mechanisms was developed using a fixed materials set. Experiments and modeling were carried out to identify key processes/steps affecting cell performance degradation under SOFC operating conditions. Interfacial microstructural and elemental changes were characterized, and their relationships to observed

  16. The Pupil Premium: Next Steps

    Science.gov (United States)

    Sutton Trust, 2015

    2015-01-01

    The pupil premium was introduced by the Coalition government in April 2011 to provide additional funding for disadvantaged pupils. The main difference between the premium and previous funding for disadvantaged pupils is that the premium is linked to individual pupils. On July 1, 2015, The Pupil Premium Summit organized by the Education Endowment…

  17. Decreasing relative risk premium

    DEFF Research Database (Denmark)

    Hansen, Frank

    2007-01-01

    We consider the risk premium demanded by a decision maker in order to be indifferent between obtaining a new level of wealth with certainty, or to participate in a lottery which either results in unchanged wealth or an even higher level than what can be obtained with certainty. We study preferences...... such that the corresponding relative risk premium is a decreasing function of present wealth, and we determine the set of associated utility functions. We find a new characterization of risk vulnerability and determine a large set of utility functions, closed under summation and composition, which are both risk vulnerable...... and have decreasing relative risk premium. We finally introduce the notion of partial risk neutral preferences on binary lotteries and show that partial risk neutrality is equivalent to preferences with decreasing relative risk premium...

  18. Refinery Integration of By-Products from Coal-Derived Jet Fuels

    Energy Technology Data Exchange (ETDEWEB)

    Caroline Clifford; Andre Boehman; Chunshan Song; Bruce Miller; Gareth Mitchell

    2008-03-31

    The final report summarizes the accomplishments toward project goals during length of the project. The goal of this project was to integrate coal into a refinery in order to produce coal-based jet fuel, with the major goal to examine the products other than jet fuel. These products are in the gasoline, diesel and fuel oil range and result from coal-based jet fuel production from an Air Force funded program. The main goal of Task 1 was the production of coal-based jet fuel and other products that would need to be utilized in other fuels or for non-fuel sources, using known refining technology. The gasoline, diesel fuel, and fuel oil were tested in other aspects of the project. Light cycle oil (LCO) and refined chemical oil (RCO) were blended, hydrotreated to removed sulfur, and hydrogenated, then fractionated in the original production of jet fuel. Two main approaches, taken during the project period, varied where the fractionation took place, in order to preserve the life of catalysts used, which includes (1) fractionation of the hydrotreated blend to remove sulfur and nitrogen, followed by a hydrogenation step of the lighter fraction, and (2) fractionation of the LCO and RCO before any hydrotreatment. Task 2 involved assessment of the impact of refinery integration of JP-900 production on gasoline and diesel fuel. Fuel properties, ignition characteristics and engine combustion of model fuels and fuel samples from pilot-scale production runs were characterized. The model fuels used to represent the coal-based fuel streams were blended into full-boiling range fuels to simulate the mixing of fuel streams within the refinery to create potential 'finished' fuels. The representative compounds of the coal-based gasoline were cyclohexane and methyl cyclohexane, and for the coal-base diesel fuel they were fluorine and phenanthrene. Both the octane number (ON) of the coal-based gasoline and the cetane number (CN) of the coal-based diesel were low, relative to

  19. Decreasing Relative Risk Premium

    DEFF Research Database (Denmark)

    Hansen, Frank

    We consider the risk premium demanded by a decision maker with wealth x in order to be indifferent between obtaining a new level of wealth y1 with certainty, or to participate in a lottery which either results in unchanged present wealth or a level of wealth y2 > y1. We define the relative risk...

  20. PREMIUMS CALCULATION FOR LIFE INSURANCE

    Directory of Open Access Journals (Sweden)

    ANA PREDA

    2012-10-01

    Full Text Available The paper presents the techniques and the formulas used on international practice for establishing the premiums for a life policy. The formulas are generally based on a series of indicators named mortality indicators which mainly point out the insured survival probability, the death probability and life expectancy at certain age. I determined, using a case study, the unique net premium, the annual net premium for a survival insurance, whole life insurance and mixed life insurance.

  1. PENGARUH KEBIJAKAN HARGA BBM, JUMLAH SEPEDA MOTOR, PENDAPATAN PERKAPITA TERHADAP KONSUMSI PREMIUM

    Directory of Open Access Journals (Sweden)

    Tri Atmojo

    2017-06-01

    Full Text Available Konsumsi BBM di Indonesia semakin meningkat karena meningkatnya pendapatan masyarakat, jumlah kendaraan bermotor di Indonesia. Tujuan dari penelitian ini adalah untuk mengetahui pengaruh kebijakan harga BBM, kendaraan bermotor (motor, pendapatan perkapita terhadap konsumsi BBM (Premium. Objek penelitian ini adalah konsumsi BBM di Republik Indonesia kurun waktu 1985-2014. Penelitian ini menggunakan desain penelitian dengan pendekatan kuantitatif. Analisis data menggunakan analisis Regresi Linier Berganda dengan metode Ordinary Least Square (OLS. Berdasarkan hasil penelitian dapat disimpulkan bahwa kebijakan harga berpengaruh signifikan terhadap konsumsi premium, pendapatan per kapita  berpengaruh positif terhadap konsumsi premium, jumlah sepeda motor berpengaruh positif terhadap konsumsi premium, serta harga BBM, pendapatan perkapita, dan jumlah sepeda motor secara serentak berpengaruh positif terhadap konsumsi premium. Fuel consumption in Indonesia is increasing due to rising incomes, the number of motor vehicles in Indonesia. The purpose of this study was to determine the effect of fuel price policy, motor vehicles (motorcycles, per capita income on the consumption of fuel (Premium. The object of this study is the fuel consumption in the Republic of Indonesia period 1985-2014. The design of this research study with a quantitative approach. Analyzed using Multiple Linear Regression Ordinary Least Square method (OLS. Based on the results of this study concluded that the pricing policies have a significant effect on the consumption of premium, per capita income has positive influence on consumption of premium, the number of motorcycles positive effect on premium consumption, as well as fuel prices, per capita income, and the number of motorcycles simultaneously positive effect on consumption of premium.

  2. The development of coal-based technologies for Department of Defense facilities: Phase 1 final report. Volume 1: Technical report

    Energy Technology Data Exchange (ETDEWEB)

    Miller, B.G.; Morrison, J.L.; Pisupati, S.V. [Pennsylvania State Univ., University Park, PA (United States). Energy and Fuels Research Center] [and others

    1997-01-31

    The first phase of a three-phase project investigating the development of coal-based technologies for Department of Defense facilities has been completed. The objectives of the project are to: decrease DOD`s dependence on foreign oil and increase its use of coal; promote public and private sector deployment of technologies for utilizing coal-based fuels in oil-designed combustion equipment; and provide a continuing environment for research and development of coal-based fuel technologies for small-scale applications at a time when market conditions in the US are not favorable for the introduction of coal-fired equipment in the commercial and industrial capacity ranges. The Phase 1 activities were focused on developing clean, coal-based combustion technologies for the utilization of both micronized coal-water mixtures (MCWMs) and dry, micronized coal (DMC) in fuel oil-designed industrial boilers. The specific objective in Phase 1 was to deliver fully engineered retrofit options for a fuel oil-designed watertube boiler located on a DOD installation to fire either MCWM or DMC. This was achieved through a project consisting of fundamental, pilot-sale, and demonstration-scale activities investigating coal beneficiation and preparation, and MCWM and DMC combustion performance. In addition, detailed engineering designs and an economic analysis were conducted for a boiler located at the Naval Surface Warfare Center, near Crane, Indiana. Results are reported on MCWM and DMC combustion performance evaluation; engineering design; and cost/economic analysis.

  3. Activated, coal-based carbon foam

    Energy Technology Data Exchange (ETDEWEB)

    Rogers, Darren Kenneth; Plucinski, Janusz Wladyslaw

    2004-12-21

    An ablation resistant, monolithic, activated, carbon foam produced by the activation of a coal-based carbon foam through the action of carbon dioxide, ozone or some similar oxidative agent that pits and/or partially oxidizes the carbon foam skeleton, thereby significantly increasing its overall surface area and concurrently increasing its filtering ability. Such activated carbon foams are suitable for application in virtually all areas where particulate or gel form activated carbon materials have been used. Such an activated carbon foam can be fabricated, i.e. sawed, machined and otherwise shaped to fit virtually any required filtering location by simple insertion and without the need for handling the "dirty" and friable particulate activated carbon foam materials of the prior art.

  4. Activated, coal-based carbon foam

    Energy Technology Data Exchange (ETDEWEB)

    Rogers, Darren Kenneth [Wheeling, WV; Plucinski, Janusz Wladyslaw [Glen Dale, WV

    2009-06-09

    An ablation resistant, monolithic, activated, carbon foam produced by the activation of a coal-based carbon foam through the action of carbon dioxide, ozone or some similar oxidative agent that pits and/or partially oxidizes the carbon foam skeleton, thereby significantly increasing its overall surface area and concurrently increasing its filtering ability. Such activated carbon foams are suitable for application in virtually all areas where particulate or gel form activated carbon materials have been used. Such an activated carbon foam can be fabricated, i.e. sawed, machined and otherwise shaped to fit virtually any required filtering location by simple insertion and without the need for handling the "dirty" and friable particulate activated carbon foam materials of the prior art.

  5. Curb Your Premium

    DEFF Research Database (Denmark)

    Amaral-Garcia, Sofia; Grembi, Veronica

    2014-01-01

    We study a policy aimed at increasing the level of information on medical malpractice costs and the risk exposure of local public healthcare providers. The policy is based on enhanced monitoring of medical malpractice claims by the level of government that rules providers in a multilevel institut......We study a policy aimed at increasing the level of information on medical malpractice costs and the risk exposure of local public healthcare providers. The policy is based on enhanced monitoring of medical malpractice claims by the level of government that rules providers in a multilevel...... Regions. Our results show that this information-enhancing policy reduces paid premiums by around 15%. This reduced-form effect might arise by higher bargaining power on the demand side or increased competition on the supply side of the insurance market. Validity tests show that our findings are not driven...

  6. 38 CFR 6.2 - Premium rate.

    Science.gov (United States)

    2010-07-01

    ... LIFE INSURANCE Premiums § 6.2 Premium rate. Effective January 1, 1983, United States Government Life Insurance policies, and total disability income provisions, on a premium paying status are paid-up and no premiums are required to maintain such policies and provisions in force. Policies...

  7. 14 CFR 198.13 - Premium insurance-payment of premiums.

    Science.gov (United States)

    2010-01-01

    ... (CONTINUED) WAR RISK INSURANCE AVIATION INSURANCE § 198.13 Premium insurance—payment of premiums. The insured must pay the premium for insurance issued under this part within the stated period after receipt of... 14 Aeronautics and Space 3 2010-01-01 2010-01-01 false Premium insurance-payment of premiums....

  8. 78 FR 44056 - Premium Rates; Payment of Premiums; Reducing Regulatory Burden

    Science.gov (United States)

    2013-07-23

    ... benefits (UVBs)--the excess of its premium funding target over its assets. The premium funding target and... would small plans enjoy the convenience of a convergence between the premium and Form 5500 due...

  9. Advanced Thermally Stable Coal-Based Jet Fuels

    Science.gov (United States)

    2008-02-01

    extraction residue. A collaboration has been established between the Penn State group and colleagues in the Separation Science and Technology focus area...Srinivas, Richard Steinberger, Roger Woodward Support Staff Carol Brantner, Teresa Carmody, Ronald Copenhaver , Jaime Crissinger, Donna Dean, Glenn

  10. 38 CFR 7.4 - The premium.

    Science.gov (United States)

    2010-07-01

    ... 38 Pensions, Bonuses, and Veterans' Relief 1 2010-07-01 2010-07-01 false The premium. 7.4 Section 7.4 Pensions, Bonuses, and Veterans' Relief DEPARTMENT OF VETERANS AFFAIRS SOLDIERS' AND SAILORS... association. (a) The premium on a policy will be calculated on an annual basis, and if the annual premium...

  11. Easy Access to Premium Luxury

    Institute of Scientific and Technical Information of China (English)

    2011-01-01

    Lexus Launches Summer Financing Program with Interest Rates as Low as 2.011percent Lexus China has launched its latest financing program with interest rates as low as 2.011 percent for three of its luxury small displacement models:RX270,IS250 and ES240.The program is an additional premium offer presented by Lexus to Chinese consumers

  12. SECA Coal-Based Systems – LGFCS

    Energy Technology Data Exchange (ETDEWEB)

    Goettler, Richard [LG Fuel Cell Systems Incorporated, North Canton, OH (United States)

    2016-03-31

    LGFCS is developing an integrated planar (IP) SOFC technology for mega-watt scale distributed power generation including the potential for use in highly efficient, economically competitive central generation power plant facilities fuel by coal synthesis gas. The overall goal of this project is to demonstrate, through analysis and testing, progress towards adequate stack life and stability in a low-cost solid-oxide fuel cell (SOFC) stack design. The emphasis of the proposed work has been the further understanding of the degradation mechanisms present within the LGFCS SOFC stack and development of the active layers to mitigate such mechanisms for achievement of a lower rate of power degradation. Performance enhancement has been achieved to support cost reduction. Testing is performed at a range of scales from single cells to ~350 kW bundles and ultimately pressurized 15kW blocks in test rigs that are representative of the product system cycle. The block is the representative fuel cell module that forms the building block for the LGFCS SOFC power system.

  13. SECA Coal-Based Systems - LGFCS

    Energy Technology Data Exchange (ETDEWEB)

    Goettler, Richard

    2013-08-01

    LGFCS is developing an integrated planar (IP) SOFC technology for mega-watt scale power generation including the potential for use in highly efficient, economically competitive central generation power plant facilities fuel by coal synthesis gas. This Department of Energy Solid-State Energy Conversion Alliance (SECA) program is aimed at achieving further cell and stack technical advancements and assessing the readiness of the LGFCS SOFC stack technology to be scaled to larger-scale demonstrations in subsequent phases. LGFCS is currently in Phase 2 of the program with the Phase 1 test carrying over for completion during Phase 2. Major technical results covering the initial Phase 2 budget period include: Metric Stack Testing: 1. The Phase I metric test is a ~7.6 kW block test (2 strips) in Canton that started in March 2012 and logged 2135 hours of testing prior to an event that required the test to be shutdown. The degradation rate through 2135 hours was 0.4%/1000 hours, well below the Phase I target of 2%/1000 hours and the Phase 2 target of 1.5%/1000 hours. 2. The initial Phase II metric test consisting of 5 strips (~19 kW) was started in May 2012. At the start of the test OCV was low and stack temperatures were out of range. Shutdown and inspection revealed localized structural damage to the strips. The strips were repaired and the test restarted October 11, 2012. 3. Root cause analysis of the Phase 1 and initial Phase 2 start-up failures concluded a localized short circuit across adjacent tubes/bundles caused localized heating and thermal stress fracture of substrates. Pre-reduction of strips rather than in-situ reduction within block test rigs now provides a critical quality check prior to block testing. The strip interconnect design has been modified to avoid short circuits. Stack Design: 1. Dense ceramic strip components were redesigned to achieve common components and a uniform design for all 12 bundles of a strip while meeting a flow uniformity of greater

  14. SECA Coal-Based Systems - LGFCS

    Energy Technology Data Exchange (ETDEWEB)

    Goettler, Richard

    2014-01-31

    LGFCS is developing an integrated planar (IP) SOFC technology for mega-watt scale power generation including the potential for use in highly efficient, economically competitive central generation power plant facilities fuel by coal synthesis gas. This Department of Energy Solid-State Energy Conversion Alliance (SECA) program has been aimed at achieving further cell and stack technical advancements and assessing the readiness of the LGFCS SOFC stack technology to be scaled to larger-scale demonstrations as a path to commercialization. Significant progress was achieved in reducing to practice a higher performance and lower cost cell technology, identifying and overcoming degradation mechanisms, confirming the structural capability of the porous substrate for reliability, maturing the strip design for improved flow to allow high fuel utilization operation while minimizing degradation mechanisms and obtaining full scale block testing at 19 kW under representative conditions for eventual product and meeting SECA degradation metrics. The SECA program has played a key role within the overall LGFCS development program in setting the foundation of the technology to justify the progression of the technology to the next level of technology readiness testing.

  15. The development of coal-based technologies for Department of Defense Facilities. Interim report, March 27, 1993--July 30, 1993

    Energy Technology Data Exchange (ETDEWEB)

    Miller, B.G.; Morrison, J.L.; Sharifi, R. [Pennsylvania State Univ., University Park, PA (United States). Energy and Fuels Research Center] [and others

    1993-09-24

    The US Department of Defense (DOD), through an Interagency Agreement with the US Department of Energy (DOE), has initiated a three-phase program with the Consortium for Coal-Water Slurry Fuel Technology, with the aim of decreasing DOD`s reliance on imported oil by increasing its use of coal. The program is being conducted as a cooperative agreement between the Consortium and DOE and the first phase of the program is underway. Phase I activities are focused on developing clean, coal-based combustion technologies for the utilization of both micronized coal-water slurry fuels (MCWSFs) and dry, micronized coal (DMC) in fuel oil-designed industrial boilers. Phase II research and development activities will continue to focus on industrial boiler retrofit technologies by addressing emissions control and precombustion (i.e., slagging combustion and/or gasification) strategies for the utilization of high ash, high sulfur coals. Phase III activities will examine coal-based fuel combustion systems that cofire wastes. Each phase includes an engineering cost analysis and technology assessment. The activities and status of Phase I are described below. The objective in Phase I is to deliver fully engineered retrofit options for a fuel oil-designed watertube boiler located on a DOD installation to fire either MCWSF or DMC. This will be achieved through a program consisting of the following five tasks: (1) Coal Beneficiation and Preparation; (2) Combustion Performance Evaluation; (3) Engineering Design; (4) Engineering and Economic Analysis; and (5) Final Report/Submission of Design Package.

  16. The conditional size premium and intertemporal risk

    DEFF Research Database (Denmark)

    de Oliveira Souza, Thiago

    2017-01-01

    The size premium only appears in states with good expected stock returns as given by several state variables, such as the aggregate book-to-market. The annual premium is 15% when this variable is within the top 33% in historical terms and an insignificant 0.4% otherwise. This renders the uncondit......The size premium only appears in states with good expected stock returns as given by several state variables, such as the aggregate book-to-market. The annual premium is 15% when this variable is within the top 33% in historical terms and an insignificant 0.4% otherwise. This renders...... the unconditional tests about the size premium inaccurate: For example, the unconditional evidence in the literature supporting the intertemporal risk explanation of the size premium is absent in a conditional sense. Indeed, the conditional and unconditional intertemporal hedging properties of the small stocks...

  17. Why Do Firms Pay an Overtime Premium?

    OpenAIRE

    Hart, Robert A.; Ma, Yue

    2000-01-01

    We develop a rationale for the payment by firms of a wage premium on marginal, or overtime, weekly hours. We examine wage-hours contracts within the framework of a two-period specific human capital model with asymmetric information. The wage premium serves to achieve contract efficiency. For those weekly hours for which a premium is paid, worker compensation exceeds the value of marginal product. There is an optimal automatic compensatory differential rule between straight-time wages and the ...

  18. The Envy Premium in Product Evaluation

    OpenAIRE

    Niels van de Ven; Marcel Zeelenberg; Rik Pieters

    2011-01-01

    Consumers are willing to pay a premium for products that elicit their envy. The more people compared themselves to a superior other, the higher the envy premium was. Yet, the emotion envy and not the upward comparison drove the final effects. The envy premium only emerged for a desirable product that the superior other owned (iPhone) when people experienced benign envy. Benign envy is elicited when the other's superior position is deserved, and malicious envy when it is undeserved. When peopl...

  19. 76 FR 57082 - Premium Penalty Relief; Alternative Premium Funding Target Election Relief

    Science.gov (United States)

    2011-09-15

    ... alternative premium funding target to calculate its variable rate premium (VRP). The regulations require that such an election be filed with PBGC before the VRP due date. A plan makes an election by ] checking box... funding target is not in effect, the plan must calculate its VRP using the standard premium funding target...

  20. The Forward Premium Puzzle only emerges gradually

    NARCIS (Netherlands)

    K. Bernoth (Kerstin); J. von Hagen; C.G. de Vries (Casper)

    2007-01-01

    textabstractThe forward premium puzzle (FPP) is the negative correlation between the forward premium and the realized exchange rate return at maturities of a month and beyond. Some recent evidence shows that at maturities of multiple years and at the highest intra day frequency the correlation is po

  1. 42 CFR 406.32 - Monthly premiums.

    Science.gov (United States)

    2010-10-01

    ... HOSPITAL INSURANCE ELIGIBILITY AND ENTITLEMENT Premium Hospital Insurance § 406.32 Monthly premiums. (a... respect to individuals age 65 or over from the Federal Hospital Insurance Trust Fund during the succeeding... payable to “CMS Medicare Insurance,” and shows his or her name and the claim number that appears on his or...

  2. The Forward Premium Puzzle only emerges gradually

    NARCIS (Netherlands)

    K. Bernoth (Kerstin); J. von Hagen; C.G. de Vries (Casper)

    2007-01-01

    textabstractThe forward premium puzzle (FPP) is the negative correlation between the forward premium and the realized exchange rate return at maturities of a month and beyond. Some recent evidence shows that at maturities of multiple years and at the highest intra day frequency the correlation is

  3. Research on Adjust Time of Premium

    Institute of Scientific and Technical Information of China (English)

    2000-01-01

    By considering economic strength and economic profit of insurance company, this paper presents a concept-contact point, and gives premium expectation adjust time model which provides more practical significance for insurance company to make rational adjustment of premium. Finally, an illustration is given to show their application.

  4. On the characterization of convex premium principles

    OpenAIRE

    Marta Cardin; Graziella Pacelli

    2006-01-01

    In actuarial literature the properties of risk measures or insurance premium principles have been extensively studied . We propose a characterization of a particular class of coherent risk measures defined in [1]. The considered premium principles are obtained by expansion of TVar measures, consequently they look like very interesting in insurance pricing where TVar measures is frequently used to value tail risks.

  5. Dynamic jump intensities and risk premiums

    DEFF Research Database (Denmark)

    Christoffersen, Peter; Ornthanalai, Chayawat; Jacobs, Kris

    2012-01-01

    We build a new class of discrete-time models that are relatively easy to estimate using returns and/or options. The distribution of returns is driven by two factors: dynamic volatility and dynamic jump intensity. Each factor has its own risk premium. The models significantly outperform standard...... models without jumps when estimated on S&P500 returns. We find very strong support for time-varying jump intensities. Compared to the risk premium on dynamic volatility, the risk premium on the dynamic jump intensity has a much larger impact on option prices. We confirm these findings using joint...... estimation on returns and large option samples....

  6. Properties of Foreign Exchange Risk Premiums

    DEFF Research Database (Denmark)

    Sarno, Lucio; Schneider, Paul; Wagner, Christian

    2012-01-01

    We study the properties of foreign exchange risk premiums that can explain the forward bias puzzle, defined as the tendency of high-interest rate currencies to appreciate rather than depreciate. These risk premiums arise endogenously from the no-arbitrage condition relating the term structure...... of interest rates and exchange rates. Estimating affine (multi-currency) term structure models reveals a noticeable tradeoff between matching depreciation rates and accuracy in pricing bonds. Risk premiums implied by our global affine model generate unbiased predictions for currency excess returns...

  7. 38 CFR 8.17 - Discontinuance of premium waiver.

    Science.gov (United States)

    2010-07-01

    ... SERVICE LIFE INSURANCE Premium Waivers and Total Disability § 8.17 Discontinuance of premium waiver. (a... premiums shall cease as of the date of such finding, and the insurance may be continued by payment of..., and if such premium was not paid within 31 days after the due date, the insurance lapsed. (c) If...

  8. 42 CFR 403.254 - Calculation of premiums.

    Science.gov (United States)

    2010-10-01

    ... Ratio Provisions § 403.254 Calculation of premiums. (a) General provisions. To calculate the amount of... loss ratio calculation period. (b) Specific provisions. (1) Earned premium for a given period means— (i) Written premiums for the period; plus— (ii) The total premium reserve at the beginning of the period;...

  9. 75 FR 9247 - Single Family Mortgage Insurance Premium, Single Family

    Science.gov (United States)

    2010-03-01

    ... URBAN DEVELOPMENT Single Family Mortgage Insurance Premium, Single Family AGENCY: Office of the Chief... the Single Family Premium Collection Subsystem-Upfront (SFPCS-U) to remit the upfront premium to... manage and process upfront single family mortgage insurance premium collections and corrections to submit...

  10. Coal-based carbons with molecular sieve properties

    Energy Technology Data Exchange (ETDEWEB)

    El-Wakil, A.M.; Youssef, A.M.; Tollan, K.A. (Mansoura Univ. (Egypt))

    1991-01-01

    Carbon molecular sieves are used extensively in gas chromatography for the separation of permanent gases and light hydrocarbons. Carbon molecular sieves also find commercial application for the manufacture of pure hydrogen from hydrogen-rich gases such as coke-oven gas, and for the separation of air by the pressure-swing adsorption technique. The objective of this investigation was to prepare carbons from Maghara coal, recently available on the commercial market. Coal-based carbons, if they possess molecular sieve properties, are superior to molecular sieve carbons from agricultural by-products because they have more satisfactory mechanical properties.

  11. Employer Contribution and Premium Growth in Health Insurance

    OpenAIRE

    Yiyan Liu; Ginger Zhe Jin

    2013-01-01

    We study whether employer premium contribution schemes could impact the pricing behavior of health plans and contribute to rising premiums. Using 1991-2011 data before and after a 1999 premium subsidy policy change in the Federal Employees Health Benefits Program (FEHBP), we find that the employer premium contribution scheme has a differential impact on health plan pricing based on two market incentives: 1) consumers are less price sensitive when they only need to pay part of the premium incr...

  12. PREMIUM PRICE PENGELOLAAN SUMBERDAYA HUTAN PRODUKSI BERSERTIFIKASI

    Directory of Open Access Journals (Sweden)

    Rina Muhayah Noor Pitri

    2016-09-01

    Full Text Available Forest certification is a key issue in relation to the forest products industry. It's also a new trend market of forest products. Forest certification is a guarantee that the products resulting from the forest management process in accordance with the standard of sustainable forest resources management. Certification will be increasing the cost of management as an impact of fulfilling requirement on the criteria of the certified forest. The fundamental question whether the award of certified products has been accompanied by an increase in premium price for forest estate or only becoming as the cost that reducing profit for the forest estate. The aims of this research are: 1 to know the difference between the sales price of certified and non-certified wood, 2 to know the premium price on certified forests, 3 to identify the factors that influence the amount of premium price of the certified forest. Data collection were used by searching the document and literature reference on forest certification. The results showed that the premium price received from the certified timber is higher than non-certified timber. Certified wood with high quality has a premium price that is greater than the low-quality wood. The percentage of premium price received varied forest estate. Premium price sometimes unsignificantly received by small-scale of timber estate. The revenue of premium price of certifies forest is influenced by the following factors: 1 The forest area to be certified, 2 Organizations that perform assessments, 3 Company / bodies / organizations that filed the certification, 4 he The country as a buyer of certified timber product 5 the facilitator in the market activities, 6 post-certification fee, and 7 the sales price.

  13. 78 FR 666 - Treasury Inflation-Protected Securities Issued at a Premium; Bond Premium Carryforward

    Science.gov (United States)

    2013-01-04

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Part 1 RIN 1545-BK45; 1545-BL29 Treasury Inflation-Protected Securities Issued at a Premium; Bond Premium Carryforward AGENCY: Internal Revenue Service (IRS), Treasury....

  14. Does Specialization Explain Marriage Penalties and Premiums?

    Science.gov (United States)

    Killewald, Alexandra; Gough, Margaret

    2013-01-01

    Married men’s wage premium is often attributed to within-household specialization: men can devote more effort to wage-earning when their wives assume responsibility for household labor. We provide a comprehensive evaluation of the specialization hypothesis, arguing that, if specialization causes the male marriage premium, married women should experience wage losses. Furthermore, specialization by married parents should augment the motherhood penalty and the fatherhood premium for married as compared to unmarried parents. Using fixed-effects models and data from the NLSY79, we estimate within-gender differences in wages according to marital status and between-gender differences in the associations between marital status and wages. We then test whether specialization on time use, job traits, and tenure accounts for the observed associations. Results for women do not support the specialization hypothesis. Childless men and women both receive a marriage premium. Marriage augments the fatherhood premium but not the motherhood penalty. Changes in own and spousal employment hours, job traits, and tenure appear to benefit both married men and women, although men benefit more. Marriage changes men’s labor market behavior in ways that augment wages, but these changes do not appear to occur at the expense of women’s wages. PMID:24039271

  15. Construction Starts for China's First Production Line of Coal-based Synthetic Oil

    Institute of Scientific and Technical Information of China (English)

    2006-01-01

    @@ On Feb. 22, the foundation-laying ceremony for the Lu'an Coal-based Synthetic Oil Plant, a major component of China's first coal-based synthetic oil demonstration project,was held at Tunliu Coal Mine of the Lu'an Coal Mine Group in north China's Shanxi Province, marking the start of the first such production line in this country.

  16. STRENGTH DESIGN OF PREMIUM THREADED CASING CONNECTION

    Institute of Scientific and Technical Information of China (English)

    Gao Lianxin; Jin Ye; Zhang Yi

    2004-01-01

    Using premium casing connections instead of API ones is one of the most effective technique to prevent casing failure.The factors contribute to the strength of premium casing connections are studied with FEA and full-scale test.The criterions are presented that ensure the connection's strength higher than the pipe.At the same time, the method is given to decrease the peak stress of the connection so as to improve its anticorruption property.At last, full-scale tests are done to test the strength of the connections designed with the method described, the results show that the connection's strength is higher than the pipe.This indicated that the method described is effective in designing premium casing connection.

  17. Second Thoughts on the Exporter Productivity Premium

    DEFF Research Database (Denmark)

    Schröder, Philipp; Sørensen, Allan

    2012-01-01

    Contrary to the prevailing interpretation, this paper shows that the central models of trade with heterogeneous firms [Melitz (2003) and Bernard et al.(2003)] exhibit ambiguous predictions for the exporter productivity premium. This prospect arises due to differences between theoretical and empir......Contrary to the prevailing interpretation, this paper shows that the central models of trade with heterogeneous firms [Melitz (2003) and Bernard et al.(2003)] exhibit ambiguous predictions for the exporter productivity premium. This prospect arises due to differences between theoretical...... for empirical research on exporter performance including learning, and the role of non-parametric regressions (stochastic dominance, quantile regressions), fixed costs and productivity distributions....

  18. The marriage premium and compensating wage differentials.

    Science.gov (United States)

    Reed, W R; Harford, K

    1989-12-01

    This paper proposes and tests an alternative explanation of the marriage premium that relies upon differences in workers' tastes and compensating wage differentials. A key assumption is that marital status proxies for the consumption of family goods, such as children, and that these are costly. Workers whose greater demands for family goods are taste- generated and shown to choose jobs that offer greater wage, and less non-pecuniary compensation. This creates an observed wage premium that has nothing to do with differences in workers' productivities. Supporting empirical evidence for this hypothesis is presented, including a reevaluation of previous studies.

  19. Analyses of Large Coal-Based SOFCs for High Power Stack Block Development

    Energy Technology Data Exchange (ETDEWEB)

    Recknagle, Kurtis P; Koeppel, Brian J

    2010-10-01

    This report summarizes the numerical modeling and analytical efforts for SOFC stack development performed for the coal-based SOFC program. The stack modeling activities began in 2004, but this report focuses on the most relevant results obtained since August 2008. This includes the latter half of Phase-I and all of Phase-II activities under technical guidance of VPS and FCE. The models developed to predict the thermal-flow-electrochemical behaviors and thermal-mechanical responses of generic planar stacks and towers are described. The effects of cell geometry, fuel gas composition, on-cell reforming, operating conditions, cell performance, seal leak, voltage degradation, boundary conditions, and stack height are studied. The modeling activities to evaluate and achieve technical targets for large stack blocks are described, and results from the latest thermal-fluid-electrochemical and structural models are summarized. Modeling results for stack modifications such as scale-up and component thickness reduction to realize cost reduction are presented. Supporting modeling activities in the areas of cell fabrication and loss of contact are also described.

  20. 76 FR 50931 - Health Insurance Premium Tax Credit

    Science.gov (United States)

    2011-08-17

    ... Internal Revenue Service 26 CFR Part 1 RIN 1545-BJ82 Health Insurance Premium Tax Credit AGENCY: Internal.... SUMMARY: This document contains proposed regulations relating to the health insurance premium tax credit... individuals who enroll in qualified health plans through Affordable Insurance Exchanges and claim the premium...

  1. 5 CFR 870.405 - Direct premium payments.

    Science.gov (United States)

    2010-01-01

    ... (CONTINUED) FEDERAL EMPLOYEES' GROUP LIFE INSURANCE PROGRAM Cost of Insurance § 870.405 Direct premium... or retirement system must submit all direct premium payments, along with its regular life insurance... some or all of the insurance or to make direct premium payments. An employee, annuitant,...

  2. 49 CFR 260.15 - Credit risk premium.

    Science.gov (United States)

    2010-10-01

    ... 49 Transportation 4 2010-10-01 2010-10-01 false Credit risk premium. 260.15 Section 260.15... REHABILITATION AND IMPROVEMENT FINANCING PROGRAM Overview § 260.15 Credit risk premium. (a) Where available... pay to the Administrator a Credit Risk Premium adequate to cover that portion of the subsidy cost not...

  3. 42 CFR 408.68 - When premiums are considered paid.

    Science.gov (United States)

    2010-10-01

    ... 42 Public Health 2 2010-10-01 2010-10-01 false When premiums are considered paid. 408.68 Section 408.68 Public Health CENTERS FOR MEDICARE & MEDICAID SERVICES, DEPARTMENT OF HEALTH AND HUMAN SERVICES....68 When premiums are considered paid. (a) Payment by check. The premium is considered paid if...

  4. Clearwood quality and softwood lumber prices: what's the real premium?

    Science.gov (United States)

    Thomas R. Waggener; Roger D. Fight

    1999-01-01

    Diminishing quantities of appearance grade lumber and rising price premiums for it have accompanied the transition from old-growth to young-growth timber. The price premiums for better grades are an incentive for producers to undertake investments to increase the yield of those higher valued products. Price premiums, however, are also an incentive for users to...

  5. 34 CFR 682.505 - Insurance premium.

    Science.gov (United States)

    2010-07-01

    ... 34 Education 3 2010-07-01 2010-07-01 false Insurance premium. 682.505 Section 682.505 Education Regulations of the Offices of the Department of Education (Continued) OFFICE OF POSTSECONDARY EDUCATION, DEPARTMENT OF EDUCATION FEDERAL FAMILY EDUCATION LOAN (FFEL) PROGRAM Federal Guaranteed Student Loan...

  6. Modeling foreign exchange risk premium in Armenia

    NARCIS (Netherlands)

    Poghosyan, Tigran; Kocenda, Evnen; Zemcik, Petr

    2008-01-01

    This paper applies stochastic discount factor methodology to modeling the foreign exchange risk premium in Armenia. We use weekly data on foreign and domestic currency deposits, which coexist in the Armenian banking system. This coexistence implies elimination of the cross-country risks and transact

  7. Response of Argonne Premium coals to heat

    Energy Technology Data Exchange (ETDEWEB)

    Isaacs, L.L.; Abhari, R.; Ledesma, R.; Tsafantakis, E. (City College, New York, NY (USA). Dept. of Chemical Engineering)

    The thermal responses of the Argonne Premium Coals and of the inorganic materials separated from the coals were obtained by differential scanning calorimetry. Thermogravimetry was used to quantify the mass loss induced due to heating. The energetics of several prepyrolytic processes in the coals were calculated. 24 refs., 13 figs., 3 tabs.

  8. 12 CFR 329.103 - Premiums.

    Science.gov (United States)

    2010-01-01

    ... DEPOSITS § 329.103 Premiums. This interpretive rule describes certain payments that are not deemed to be... the balance in a demand deposit account and the duration of the account balance shall not be considered the payment of interest on a demand deposit account and shall not be subject to the limitations...

  9. Approximations for stop-loss reinsurance premiums

    NARCIS (Netherlands)

    Reijnen, Rajko; Albers, Willem/Wim; Kallenberg, W.C.M.

    2005-01-01

    Various approximations of stop-loss reinsurance premiums are described in literature. For a wide variety of claim size distributions and retention levels, such approximations are compared in this paper to each other, as well as to a quantitative criterion. For the aggregate claims two models are use

  10. Approximations for stop-loss reinsurance premiums

    NARCIS (Netherlands)

    Reijnen, Rajko; Albers, Willem; Kallenberg, Wilbert C.M.

    2005-01-01

    Various approximations of stop-loss reinsurance premiums are described in literature. For a wide variety of claim size distributions and retention levels, such approximations are compared in this paper to each other, as well as to a quantitative criterion. For the aggregate claims two models are use

  11. Approximations for stop-loss reinsurance premiums

    NARCIS (Netherlands)

    Reijnen, R.; Albers, W.; Kallenberg, W.C.M.

    2003-01-01

    Various approximations of stop-loss reinsurance premiums are described in literature. For a wide variety of claim size distributions and retention levels, such approximations are compared in this paper to each other, as well as to a quantitative criterion. For the aggregate claims two models are use

  12. Premium performance heating oil - Part 2, Field trial results

    Energy Technology Data Exchange (ETDEWEB)

    Jetter, S.M.; Hoskin, D.; McClintock, W.R. [Mobil Oil Corp., Paulsboro, NJ (United States)] [and others

    1996-07-01

    Limited field trial results of a heating oil additive package developed to minimize unscheduled maintenance indicate that it achieves its goal of keeping heating oil systems cleaner. The multifunctional additive package was developed to provide improved fuel oxidation stability, improved corrosion protection, and dispersency. This combination of performance benefits was chosen because we believed it would retard the formation of sludge, as well as allow sludge already present to be carried through the system without fouling the fuel system components (dispersency should keep sludge particles small so they pass through the filtering system). Since many unscheduled maintenance calls are linked to fouling of the fuel filtering system, the overall goal of this technology is to reduce these maintenance calls. Photographic evidence shows that the additive package not only reduces the amount of sludge formed, but even removes existing sludge from filters and pump strainers. This {open_quotes}clean-up{close_quotes} performance is provided trouble free: we found no indication that nozzle/burner performance was impaired by dispersing sludge from filters and pump strainers. Qualitative assessments from specific accounts that used the premium heating oil also show marked reductions in unscheduled maintenance.

  13. Enteric virus removal inactivation by coal-based media

    Energy Technology Data Exchange (ETDEWEB)

    Gupta, A.; Chaudhuri, M. [Indian Institute of Technology, Kanpur (India). Dept. of Civil Engineering

    1995-02-01

    Four coal-based media, viz. alum-pretreated or ferric hydroxide-impregnated Giridih bituminous coal and lignite (alum-GBC, Fe-GBC; alum-lignite and Fe-Lignite) were laboratory tested to assess their potential in removing/inactivating enteric viruses in water. Batch-sorption screening tests, employing a poliovirus-spiked canal water, indicated high poliovirus sorption by Fe-GBC and alum-GBC in a short contact time of 5 min. Based on the results of further batch-sorption tests, using silver incorporated media (alum/Ag-GBC, alum-GBC-Ag and Fe-GBC-Ag), as well as aesthetic water quality consideration and previous findings on removal of coliforms and turbidity, alum/Ag-GBC, alum-GBC and alum-GBC-AG were included in downflow column studies employing poliovirus-spiked canal water. All three media showed potential in removing/inactivating enteric viruses. In a separate column study employing a joint challenge of poliovirus and rotavirus, alum/Ag-GBC removed 59.3-86.5% of the viruses along with more than 99% reduction in indigenous heterotrophic bacteria. Alum/silver-pretreated bituminous coal medium appears promising for use in household water filters in rural areas of the developing world. However, improved medium preparation to further enhance its efficiency is needed; also, its efficacy in removing/inactivating indigenous enteric bacteria, viruses and protozoa has to be ensured and practicalities or economics of application need to be considered.

  14. Energy survey of the coal based sponge iron industry

    Directory of Open Access Journals (Sweden)

    Nishant R. Dey

    2015-09-01

    Full Text Available A survey is made on a typical coal based Indian sponge iron plant of capacity 500 t/d in order to identify the largest energy losses and find ways to increase the efficiency. The required data are obtained by measurements or taken from production industries. The process efficiency is about 51.31%. The energy balances of the process show that the gap between theoretical and actual energy consumption is 45.2% and the exhausts make up the largest loss of 43.5%. A huge amount of waste gas is generated during operation and substantial part of it associated with the waste gas, remains unutilized. The energy content in the exhaust gases which is found at useful temperature can be used in three different ways: by internal use; by external energy supply; or by power generation. The four possible potential areas are identified where energy is being lost and untapped. The largest improvements would be made by design modifications adopting a novel energy conservation scenario by process integration and thereby decreasing the coal and water consumption and by decreasing the cold fresh air.

  15. Health Insurance Marketplaces: Premium Trends in Rural Areas.

    Science.gov (United States)

    Barker, Abigail R; Kemper, Leah M; McBride, Timothy D; Meuller, Keith J

    2016-05-01

    Since 2014, when the Health Insurance Marketplaces (HIMs) authorized by the Patient Protection and Affordable Care Act (ACA) were implemented, considerable premium changes have been observed in the marketplaces across the 50 states and the District of Columbia. This policy brief assesses the changes in average HIM plan premiums from 2014 to 2016, before accounting for subsidies, with an emphasis on the widening variation across rural and urban places. Since this brief focuses on premiums without accounting for subsidies, this is not intended to be an analysis of the "affordability" of ACA premiums, as that would require assessment of premiums, cost-sharing adjustments, and other factors.

  16. REFINERY INTEGRATION OF BY-PRODUCTS FROM COAL-DERIVED JET FUELS

    Energy Technology Data Exchange (ETDEWEB)

    Leslie R. Rudnick; Andre Boehman; Chunshan Song; Bruce Miller; John Andresen

    2004-04-23

    This report summarizes the accomplishments toward project goals during the first six months of the project to assess the properties and performance of coal based products. These products are in the gasoline, diesel and fuel oil range and result from coal based jet fuel production from an Air Force funded program. Specific areas of progress include generation of coal based material that has been fractionated into the desired refinery cuts, acquisition and installation of a research gasoline engine, and modification of diesel engines for use in evaluating diesel produced in the project. The desulfurization of sulfur containing components of coal and petroleum is being studied so that effective conversion of blended coal and petroleum streams can be efficiently converted to useful refinery products. Equipment is now in place to begin fuel oil evaluations to assess the quality of coal based fuel oil. Coal samples have procured and are being assessed for cleaning prior to use in coking studies.

  17. REFINERY INTEGRATION OF BY-PRODUCTS FROM COAL-DERIVED JET FUELS

    Energy Technology Data Exchange (ETDEWEB)

    Leslie R. Rudnick; Andre Boehman; Chunshan Song; Bruce Miller; Gareth Mitchell

    2005-05-18

    This report summarizes the accomplishments toward project goals during the first six months of the second year of the project to assess the properties and performance of coal based products. These products are in the gasoline, diesel and fuel oil range and result from coal based jet fuel production from an Air Force funded program. Specific areas of progress include generation of coal based material that has been fractionated into the desired refinery cuts, acquisition and installation of a research gasoline engine, and modification of diesel engines for use in evaluating diesel produced in the project. The desulfurization of sulfur containing components of coal and petroleum is being studied so that effective conversion of blended coal and petroleum streams can be efficiently converted to useful refinery products. Equipment is now in place to begin fuel oil evaluations to assess the quality of coal based fuel oil. Coal samples have procured and are being assessed for cleaning prior to use in coking studies.

  18. Refinery Integration of By-Products from Coal-Derived Jet Fuels

    Energy Technology Data Exchange (ETDEWEB)

    Leslie R. Rudnick; Andre Boehman; Chunshan Song; Bruce Miller; John Andresen

    2004-09-17

    This report summarizes the accomplishments toward project goals during the first twelve months of the project to assess the properties and performance of coal based products. These products are in the gasoline, diesel and fuel oil range and result from coal based jet fuel production from an Air Force funded program. Specific areas of progress include generation of coal based material that has been fractionated into the desired refinery cuts, acquisition and installation of a research gasoline engine, and modification of diesel engines for use in evaluating diesel produced in the project. The desulfurization of sulfur containing components of coal and petroleum is being studied so that effective conversion of blended coal and petroleum streams can be efficiently converted to useful refinery products. Equipment is now in place to begin fuel oil evaluations to assess the quality of coal based fuel oil. Coal samples have procured and are being assessed for cleaning prior to use in coking studies.

  19. Country Value Premiums and Financial Crises

    Directory of Open Access Journals (Sweden)

    Adam Zaremba

    2014-01-01

    Full Text Available The paper concentrates on the value premium across countries and contributes to the investment and asset pricing literature in three ways. First, I provide fresh evidence that the high-value countries perform significantly better than the low-value countries. Additionally, this phenomenon is indifferent to the choice of the computational currency, representative index or value indicator. Second, I demonstrate that the value effect can be successfully amplified by combining with country-level size and momentum effects. Third, I show that returns to the high-value countries deteriorate in financial crisis conditions, because the country-level value premium is negatively correlated with the credit spreads, TED spread and expected volatility. I examine data from 66 markets between years 2000 and 2013.

  20. Crop Insurance, Premium Subsidy and Agricultural Output

    Institute of Scientific and Technical Information of China (English)

    XU Jing-feng; LIAO Pu

    2014-01-01

    This paper studied the effects of crop insurance on agricultural output with an economic growth model. Based on Ramsey-Cass-Koopmans (RCK) model, a basic model of agriculture economic growth was developed. Extending the basic model to incorporate uncertainty and insurance mechanism, a risk model and a risk-insurance model were built to study the inlfuences of risk and crop insurance on agricultural output. Compared with the steady states of the three models, the following results are achieved:(i) agricultural output decreases if we introduce uncertainty into the risk-free model;(ii) crop insurance promotes agriculture economic growth if insurance mechanism is introduced into the risk model;(iii) premium subsidy constantly improves agricultural output. Our contribution is that we studied the effects of crop insurance and premium subsidy from the perspective of economic growth in a dynamic framework, and proved the output promotion of crop insurance theoretically.

  1. Risk premium and insalubrity; Periculosidade e insalubridade

    Energy Technology Data Exchange (ETDEWEB)

    Portela, Josmael [Universidade do Estado do Rio de Janeiro (UERJ), RJ (Brazil); Figueira, Rosania Lucia [Universidade Severino Sombra (USS), Vassouras, RJ (Brazil). Dept. Juridico

    2005-07-01

    The risk premium and insalubrity have been widely discussed in the legal universe/labor. The social and economic impacts interfere on the right of the professional exposed to ionizing radiation to have or not additional rights. Due to the large accidents, with world repercussion, which occurred in recent times, involving workers undergoing these radiation, these professionals are receiving special attention by the competent bodies on the right or not to risk premium and insalubrity. The professional who operates equipment that emit ionising radiation, or those working directly with radioisotopes are undoubtedly under imminent risk, even if they complied with all safety requirements, thus deserving a more careful analysis by our lawyers with respect to receive additional percentages. Recent decisions of higher Courts begin to consolidate a more just and logical reasoning on the subject.

  2. Risk Premium and Expectations in Higher Education

    OpenAIRE

    Gonzalo Castex

    2011-01-01

    This paper takes the risk of college participation into context when evaluating the return to college education. College dropout and a higher permanent income shock for those who graduate from college accounts for 51% of the excess return to college education. Using a simple risk premium approach, I reconcile the observed high average returns to schooling with relatively low attendance rates. A high dropout risk has two important effects on the estimated average returns to college education: ...

  3. Employer choices of family premium sharing.

    Science.gov (United States)

    Vistnes, Jessica Primoff; Morrisey, Michael A; Jensen, Gail A

    2006-03-01

    In 1997, nearly two-thirds of married couples with children under age 18 were dual-earner couples. Such families may have a variety of insurance options available to them. If so, declining a high employee premium contribution may be a mechanism for one spouse to take money wages in lieu of coverage while the other spouse takes coverage rather than high wages. Employers may use these preferences and the size of premium contributions to encourage workers to obtain family coverage through their spouse. The purpose of this paper is to explore the effects of labor force composition, particularly the proportion of dual-earner couples in the labor market, on the marginal employee premium contribution (marginal EPC) for family coverage. We analyze data from the 1997-2001 Medical Expenditure Panel Survey--Insurance Component (MEPS-IC) List Sample of private establishments. We find strong evidence that the marginal EPC for family coverage is higher when there is a larger concentration of women in the workforce, but only in markets with a higher proportion of dual-earner households.

  4. Environmental externalities: An ASEAN application to coal-based power generation. Extract

    Energy Technology Data Exchange (ETDEWEB)

    Szpunar, C.B.; Gillette, J.L.

    1992-06-01

    Significant benefits to human health that result from emissions control programs may justify the costs of pollution control policies. Many scientists, economists, risk analysts, and policymakers believe that comparisons of the benefits with the costs of pollution control demonstrate that the US stationary source, air emissions control program is justified. This justification is based upon pronounced benefits to human health, especially from controlling suspended particulates and sulfur compounds. Market decisions are usually made on the basis of a consideration of traditional costs such as capital, operating and maintenance, fuel costs, and fixed charges. Social costs, which could be significant, are not incorporated explicitly into such decisions. These social costs could result in a net reduction in the welfare of individuals, and of society as a whole. Because these social costs and their effects are not represented in the price of energy, individual have no way to explicitly value them; hence, they remain unaccounted for in market decisions. By accounting for external costs, the selection of energy sources and production of energy products can lead to and equilibrium, where the total cost of energy and energy products, together with resulting social costs, can be brought to an economic minimum. The concept of an air emissions control program is of interest to the ASEAN countries (Brunei, Indonesia, Malaysia, the Philippines, Singapore, and Thailand) and their governments, especially if such a program could be justified in cost-benefit terms and shown to be directly applicable to ASEAN conditions. It is the intent of the effort described herein to demonstrate that technical options are available to control emissions from coal-based, electric power plants and that that costs of these options may be justified in cost-benefit terms.

  5. Physical Premium Principle: A New Way for Insurance Pricing

    Science.gov (United States)

    Darooneh, Amir H.

    2005-03-01

    In our previous work we suggested a way for computing the non-life insurance premium. The probable surplus of the insurer company assumed to be distributed according to the canonical ensemble theory. The Esscher premium principle appeared as its special case. The difference between our method and traditional principles for premium calculation was shown by simulation. Here we construct a theoretical foundation for the main assumption in our method, in this respect we present a new (physical) definition for the economic equilibrium. This approach let us to apply the maximum entropy principle in the economic systems. We also extend our method to deal with the problem of premium calculation for correlated risk categories. Like the Buhlman economic premium principle our method considers the effect of the market on the premium but in a different way.

  6. Physical Premium Principle: A New Way for Insurance Pricing

    Directory of Open Access Journals (Sweden)

    Amir H. Darooneh

    2005-02-01

    Full Text Available Abstract: In our previous work we suggested a way for computing the non-life insurance premium. The probable surplus of the insurer company assumed to be distributed according to the canonical ensemble theory. The Esscher premium principle appeared as its special case. The difference between our method and traditional principles for premium calculation was shown by simulation. Here we construct a theoretical foundation for the main assumption in our method, in this respect we present a new (physical definition for the economic equilibrium. This approach let us to apply the maximum entropy principle in the economic systems. We also extend our method to deal with the problem of premium calculation for correlated risk categories. Like the Buhlman economic premium principle our method considers the effect of the market on the premium but in a different way.

  7. Return of premium term life: is it for real?

    Science.gov (United States)

    DeFrancesco, Roccy

    2004-01-01

    Physicians who feel they are wasting their money in paying premiums for a typical 30-year-level term life insurance policy may find help in a return-of-premium term life insurance policy. Premiums are higher, but all the money is refunded at the end of the term if the policyholder has not died. Estimates are that 93 percent of policyholders outlive the term of their life insurance.

  8. The liquidity premium in CDS transaction prices: Do frictions matter?

    OpenAIRE

    Gehde-Trapp, Monika; Gündüz, Yalin; Nasev, Julia

    2015-01-01

    Based on individual CDS transactions cleared by the Depository Trust & Clearing Corporation, we show that illiquidity strongly affects credit default swap premiums. We identify the following effects: First, transaction direction affects prices, as buy (sell) orders lead to premium increases (decreases). Second, larger transactions have a higher price impact. This finding stands in stark contrast to corporate bond markets. Third, traders charge higher premiums as a price for liquidity provisio...

  9. Risk Measure and Premium Distribution on Catastrophe Reinsurance

    Institute of Scientific and Technical Information of China (English)

    XUN LI; WANG DE-HUI

    2012-01-01

    In this paper,we propose a new risk measure which is based on the Orlicz premium principle to characterize catastrophe risk premium.The intention is to develop a formulation strategy for Catastrophe Fund.The logarithm equivalent form of reinsurance premium is regarded as the retention of reinsurer,and the differential earnings between the reinsurance premium and the reinsurer's retention is accumulated as a part of Catastrophe Fund.We demonstrate that the aforementioned risk measure has some good properties,which are further confirmed by numerical simulations in R environment.

  10. Employer contribution and premium growth in health insurance.

    Science.gov (United States)

    Liu, Yiyan; Jin, Ginger Zhe

    2015-01-01

    We study whether employer premium contribution schemes could impact the pricing behavior of health plans and contribute to rising premiums. Using 1991-2011 data before and after a 1999 premium subsidy policy change in the Federal Employees Health Benefits Program (FEHBP), we find that the employer premium contribution scheme has a differential impact on health plan pricing based on two market incentives: 1) consumers are less price sensitive when they only need to pay part of the premium increase, and 2) each health plan has an incentive to increase the employer's premium contribution to that plan. Both incentives are found to contribute to premium growth. Counterfactual simulation shows that average premium would have been 10% less than observed and the federal government would have saved 15% per year on its premium contribution had the subsidy policy change not occurred in the FEHBP. We discuss the potential of similar incentives in other government-subsidized insurance systems such as the Medicare Part D and the Health Insurance Marketplace under the Affordable Care Act. Copyright © 2014 Elsevier B.V. All rights reserved.

  11. The development of coal-based technologies for Department of Defense facilities. Semiannual technical progress report, September 28, 1993--March 27, 1994

    Energy Technology Data Exchange (ETDEWEB)

    Miller, B.G.; Morrison, J.L.; Sharifi, R.; Shepard, J.F.; Scaroni, A.W.; Hogg, R.; Chander, S.; Cho, H.; Ityokumbul, M.T.; Klima, M.S. [and others

    1994-11-30

    The U.S. Department of Defense (DOD), through an Interagency Agreement with the U.S. Department of Energy (DOE), has initiated a three-phase program with the Consortium for Coal-Water Slurry Fuel Technology, with the aim of decreasing DOD`s reliance on imported oil by increasing its use of coal. The program is being conducted as a cooperative agreement between the Consortium and DOE and the first two phases of the program are underway. To achieve the objectives of the program, a team of researchers was assembled. Phase I activities are focused on developing clean, coal-based combustion technologies for the utilization of both micronized coal-water slurry fuels (MCWSFS) and dry, micronized coal (DMC) in fuel oil-designed industrial boilers. Phase II research and development activities will continue to focus on industrial boiler retrofit technologies by addressing emissions control and precombustion (i.e., slagging combustion and/or gasification) strategies for the utilization of high ash, high sulfur coals. Phase III activities will examine coal-based fuel combustion systems that cofire wastes. Each phase includes an engineering cost analysis and technology assessment. The activities and status of Phases I and II are described below. The objective in Phase I is to deliver fully engineered retrofit options for a fuel oil-designed watertube boiler located on a DOD installation to fire either MCWSF or DMC. This will be achieved through a program consisting of the following five tasks: (1) Coal Beneficiation and Preparation; (2) Combustion Performance Evaluation; (3) Engineering Design; (4) Engineering and Economic Analysis; and (5) Final Report/Submission of Design Package.

  12. The development of coal-based technologies for Department of Defense Facilities. Semiannual technical progress report, March 28, 1993--September 27, 1993

    Energy Technology Data Exchange (ETDEWEB)

    Miller, B.G.; Morrison, J.L.; Sharifi, R. [Pennsylvania State Univ., University Park, PA (United States). Energy and Fuels Research Center] [and others

    1993-12-17

    The US DOD, through an Interagency Agreement with the US DOE, has initiated a three-phase program with the Consortium for Coal-Water Slurry Fuel Technology, with the aim of decreasing DOD`s reliance on imported oil by increasing its use of coal. The program is being conducted as a cooperative agreement between the Consortium and DOE and the first phase of the program is underway. A team of researchers has been assembled from Penn State, ABB Combustion Engineering Systems (CE), AMAX Research and Development Center (AMAX), and Energy and Environmental Research Corporation (EER). These four organizations are the current members of the Consortium. Phase 1 activities are focused on developing clean, coal-based combustion technologies for the utilization of both micronized coal-water slurry fuels (MCWSFs) and dry, micronized coal (DMC) in fuel oil-designed industrial boilers. Phase 2 research and development activities will continue to focus on industrial boiler retrofit technologies by addressing emissions control and pre-combustion strategies for the utilization of high ash, high sulfur coals. Phase 3 activities will examine coal-based fuel combustion systems that cofire wastes. Each phase includes an engineering cost analysis and technology assessment. The activities and status of Phase 1 are described in this report. The objective of Phase 1 is to deliver fully engineered retrofit options for a fuel oil-designed watertube boiler located on a DOD installation to fire either MCWSF or DMC. This will be achieved through a program of the following tasks: (1) Coal Beneficiation and Preparation; (2) Combustion Performance Evaluation; (3) Engineering Design; (4) Engineering and Economic Analysis; and (5) Final Report/Submission of Design Package. Miscellaneous activities are reported. Activities planned for the next semiannual period are listed. The project schedule, with a description of milestones, is included.

  13. Refinery Integration of By-Products from Coal-Derived Jet Fuels

    Energy Technology Data Exchange (ETDEWEB)

    Leslie R. Rudnick; Andre Boehman; Chunshan Song; Bruce Miller; Gareth Mitchell

    2005-11-17

    This report summarizes the accomplishments toward project goals during the first six months of the second year of the project to assess the properties and performance of coal based products. These products are in the gasoline, diesel and fuel oil range and result from coal based jet fuel production from an Air Force funded program. Specific areas of progress include generation of coal based material that has been fractionated into the desired refinery cuts, acquisition and installation of a research gasoline engine, and modification of diesel engines for use in evaluating diesel produced in the project. The desulfurization of sulfur containing components of coal and petroleum is being studied so that effective conversion of blended coal and petroleum streams can be efficiently converted to useful refinery products. Evaluations to assess the quality of coal based fuel oil are reported. Coal samples have procured and are being assessed for cleaning prior to use in coking studies.

  14. Life Insurance Actuarial Model with Returnable Premium

    Institute of Scientific and Technical Information of China (English)

    YanhuaiLang

    2004-01-01

    Insurance is the important aspect of finance. It has been fully developed in the western developed countries. With the fast development of market economy in our country,it is necessary to introduce the alien modern theories and techniques, and at the same time,adapt them to our concrete situation. The model of general life insurance product is to be established in this paper, including deferred life annuities, increasing whole life insurance and returnable premiums. Then through the regulation of various parameters, we can obtain various insurance products.

  15. In Situ Synthesis of NaY Zeolite with Coal-Based Kaolin

    Institute of Scientific and Technical Information of China (English)

    Xinmei Liu; Zifeng Yan; Huaiping Wang; Yantuo Luo

    2003-01-01

    NaY zeolites were in-situ synthesized from coal-based kaolin via the hydrothermal method.The effects of various factors on the structure of the samples were extensively investigated. The sampleswere characterized by N2 adsorption, XRD, IR and DTG-DTA methods, and the results show that thecrystallization temperature and amount of added water play an important role in the formation of the zeo-lite structure. The 4A and P zeolites are the competitive phase present in the resulting product. However,NaY zeolites with a higher relative crystallinity, excluding impure crystals and the well hydrothermal sta-bility, can be synthesized from coal-based kaolin. These zeolites possess a larger surface area and a narrowpore size distribution, and this means that optimization of this process might result in a commercial routeto synthesize NaY zeolites from coal-based kaolin.

  16. A meta-analysis of the equity premium

    NARCIS (Netherlands)

    C. van Ewijk; H.L.F. de Groot; A.J. Santing

    2012-01-01

    The equity premium is a key parameter in asset allocation policies. There is a vigorous debate in the literature regarding the actual measurement of the equity premium, its size and the determinants of its variation. This study aims to take stock of this literature by means of a meta-analysis. We id

  17. 77 FR 41048 - Health Insurance Premium Tax Credit; Correction

    Science.gov (United States)

    2012-07-12

    ... Internal Revenue Service 26 CFR Part 1 RIN 1545-BJ82 Health Insurance Premium Tax Credit; Correction AGENCY..., 2012 (77 FR 30377). The final regulations relate to the health insurance premium tax credit enacted by the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of...

  18. 78 FR 7264 - Health Insurance Premium Tax Credit

    Science.gov (United States)

    2013-02-01

    ... Internal Revenue Service 26 CFR Part 1 RIN 1545-BL49 Health Insurance Premium Tax Credit AGENCY: Internal... regulations relating to the health insurance premium tax credit enacted by the Patient Protection and... coverage and who wish to enroll in qualified health plans through Affordable Insurance Exchanges (Exchanges...

  19. 26 CFR 1.822-11 - Net premiums.

    Science.gov (United States)

    2010-04-01

    ... TAXES Mutual Insurance Companies (other Than Life and Certain Marine Insurance Companies and Other Than Fire Or Flood Insurance Companies Which Operate on Basis of Perpetual Policies Or Premium Deposits) § 1... 26 Internal Revenue 8 2010-04-01 2010-04-01 false Net premiums. 1.822-11 Section 1.822-11...

  20. 26 CFR 1.823-4 - Net premiums.

    Science.gov (United States)

    2010-04-01

    ... TAXES Mutual Insurance Companies (other Than Life and Certain Marine Insurance Companies and Other Than Fire Or Flood Insurance Companies Which Operate on Basis of Perpetual Policies Or Premium Deposits) § 1... 26 Internal Revenue 8 2010-04-01 2010-04-01 false Net premiums. 1.823-4 Section 1.823-4...

  1. 26 CFR 1.823-1 - Net premiums.

    Science.gov (United States)

    2010-04-01

    ... TAXES Mutual Insurance Companies (other Than Life and Certain Marine Insurance Companies and Other Than Fire Or Flood Insurance Companies Which Operate on Basis of Perpetual Policies Or Premium Deposits) § 1... 26 Internal Revenue 8 2010-04-01 2010-04-01 false Net premiums. 1.823-1 Section 1.823-1...

  2. Premium Motorsi priimad päevad / Raigo Neudorf

    Index Scriptorium Estoniae

    Neudorf, Raigo

    2007-01-01

    Automüüja Premium Motors on edu saavutanud luksusmaasturi Hummer ning teiste USA eksklusiivsete automarkide müügiõigusega. Tabel: Rentaabel äri. Vt. samas: Palun kaks roosat Hummerit; Premium Motors hakkab sügisel Hiina maastureid müüma.

  3. The Risk Premium for Equity : Explanations and Implications

    NARCIS (Netherlands)

    Grant, S.; Quiggin, J.

    2001-01-01

    The equity premium puzzle shows that using standard parameters and setup, the Consumption-based Capital Asset Pricing Model's (CCAPM's) prediction of the premium associated with systematic risk is out by an order of magnitude.The object of this paper is to consider the implications of each of the

  4. 77 FR 6675 - Premium Penalty Relief for Certain Delinquent Plans

    Science.gov (United States)

    2012-02-09

    ... CORPORATION 29 CFR Part 4007 Premium Penalty Relief for Certain Delinquent Plans AGENCY: Pension Benefit... regulatory review, among other initiatives, PBGC is announcing a limited window for covered plans that have... and 4007 of ERISA, plans covered by title IV must pay premiums to PBGC. The vast majority of plans...

  5. Risk premiums in cap rates of investment property

    NARCIS (Netherlands)

    Berkhout, T.M.; Wouwe, van M.; Tansens, P.R.

    2005-01-01

    Our research wants to establish links and patterns over time between the constituent components of the cap rates, and between real interest and risk premium in particular. We developed a statistical model to predict and explain the risk premium asked for by investors buying properties throughout Eur

  6. Premium auctions and risk preferences: an experimental study

    NARCIS (Netherlands)

    Brunner, C.; Hu, A.; Oechssler, J.

    2014-01-01

    In premium auctions, the highest losing bidder receives a reward from the seller. This paper studies the private value English premium auction (EPA) for different risk attitudes of bidders. We explicitly derive the symmetric equilibrium for bidders with CARA utilities and conduct an experimental stu

  7. The equity risk premium : emerging versus developed markets

    NARCIS (Netherlands)

    Salomons, R.M.; Grootveld, H.

    2002-01-01

    This paper gives an empirical view of the ex-post equity risk premium in a number of international markets with special attention to emerging ones. Our study yields interesting implications for finance. Firstly, we find that the equity risk premium in emerging markets is significantly higher than in

  8. 76 FR 79714 - Premium Changes Based On Recharacterization of Contributions

    Science.gov (United States)

    2011-12-22

    ... PBGC. For single- employer plans, premiums include an amount (the variable-rate premium, or VRP) based... reduces any VRP for the current year. If a contribution is characterized as being for the current year, it does not increase plan assets as of the beginning of the current year and thus does not affect VRP for...

  9. Premium Motorsi priimad päevad / Raigo Neudorf

    Index Scriptorium Estoniae

    Neudorf, Raigo

    2007-01-01

    Automüüja Premium Motors on edu saavutanud luksusmaasturi Hummer ning teiste USA eksklusiivsete automarkide müügiõigusega. Tabel: Rentaabel äri. Vt. samas: Palun kaks roosat Hummerit; Premium Motors hakkab sügisel Hiina maastureid müüma.

  10. Optimal Premium Pricing for a Heterogeneous Portfolio of Insurance Risks

    Directory of Open Access Journals (Sweden)

    Athanasios A. Pantelous

    2009-01-01

    Full Text Available The paper revisits the classical problem of premium rating within a heterogeneous portfolio of insurance risks using a continuous stochastic control framework. The portfolio is divided into several classes where each class interacts with the others. The risks are modelled dynamically by the means of a Brownian motion. This dynamic approach is also transferred to the design of the premium process. The premium is not constant but equals the drift of the Brownian motion plus a controlled percentage of the respective volatility. The optimal controller for the premium is obtained using advanced optimization techniques, and it is finally shown that the respective pricing strategy follows a more balanced development compared with the traditional premium approaches.

  11. Preliminary assessment of coal-based industrial energy systems

    Energy Technology Data Exchange (ETDEWEB)

    1980-01-01

    This report presents the results of a study, performed by Mittelhauser Corp. and Resource Engineering, Inc. to identify the potential economic, environmental, and energy impacts of possible New Source Performance Standards for industrial steam generators on the use of coal and coal-derived fuels. A systems-level approach was used to take mine-mouth coal and produce a given quantity of heat input to a new boiler at an existing Chicago industrial-plant site. The technologies studied included post-combustion clean-up, atmospheric fluidized-bed combustion, solvent-refined coal liquids, substitute natural gas, and low-Btu gas. Capital and operating costs were prepared on a mid-1985 basis from a consistent set of economic guidelines. The cases studied were evaluated using three levels of air emission controls, two coals, two boiler sizes, and two operating factors. Only those combinations considered likely to make a significant impact on the 1985 boiler population were considered. The conclusions drawn in the report are that the most attractive applications of coal technology are atmospheric fluidized-bed combustion and post-combustion clean-up. Solvent-refined coal and probably substitute natural gas become competitive for the smaller boiler applications. Coal-derived low-Btu gas was found not to be a competitive boiler fuel at the sizes studied. It is recommended that more cases be studied to broaden the applicability of these results.

  12. Create a Consortium and Develop Premium Carbon Products from Coal

    Energy Technology Data Exchange (ETDEWEB)

    Frank Rusinko; John Andresen; Jennifer E. Hill; Harold H. Schobert; Bruce G. Miller

    2006-01-01

    The objective of these projects was to investigate alternative technologies for non-fuel uses of coal. Special emphasis was placed on developing premium carbon products from coal-derived feedstocks. A total of 14 projects, which are the 2003 Research Projects, are reported herein. These projects were categorized into three overall objectives. They are: (1) To explore new applications for the use of anthracite in order to improve its marketability; (2) To effectively minimize environmental damage caused by mercury emissions, CO{sub 2} emissions, and coal impounds; and (3) To continue to increase our understanding of coal properties and establish coal usage in non-fuel industries. Research was completed in laboratories throughout the United States. Most research was performed on a bench-scale level with the intent of scaling up if preliminary tests proved successful. These projects resulted in many potential applications for coal-derived feedstocks. These include: (1) Use of anthracite as a sorbent to capture CO{sub 2} emissions; (2) Use of anthracite-based carbon as a catalyst; (3) Use of processed anthracite in carbon electrodes and carbon black; (4) Use of raw coal refuse for producing activated carbon; (5) Reusable PACs to recycle captured mercury; (6) Use of combustion and gasification chars to capture mercury from coal-fired power plants; (7) Development of a synthetic coal tar enamel; (8) Use of alternative binder pitches in aluminum anodes; (9) Use of Solvent Extracted Carbon Ore (SECO) to fuel a carbon fuel cell; (10) Production of a low cost coal-derived turbostratic carbon powder for structural applications; (11) Production of high-value carbon fibers and foams via the co-processing of a low-cost coal extract pitch with well-dispersed carbon nanotubes; (12) Use of carbon from fly ash as metallurgical carbon; (13) Production of bulk carbon fiber for concrete reinforcement; and (14) Characterizing coal solvent extraction processes. Although some of the

  13. Prospect of Coal Based IGCC to Meet the Clean Energy Challenge

    Directory of Open Access Journals (Sweden)

    Md. Kamruzzaman

    2014-12-01

    Full Text Available The development of a country is nearly proportional to the average per person energy consumption rate, which is very low in our country. However, the rate of average energy consumption is increasing day by day throughout the world. With increasing the production of energy, the problem of environment pollution from the power generation sources and energy efficiency becomes more imperative. Coal is the major source of primary energy of the world, however, the energy efficiency of coal based power plant is low, and also it significantly polluted the environment. Therefore, to improve the energy efficiency and reduce the pollution from coal based power plant is an important issue to discuss. In this paper, the primary reserves of energy throughout the world are discussed. Integrated gasification combined cycle (IGCC is a latest technology used to improve the performance of coal based power plant. The process of IGCC and the present condition of IGCC throughout the world is discussed. Finally the advantages of IGCC and necessity of moving towards IGCC from convention coal based power plant is discussed in terms of cost, efficiency and environmental issues.

  14. Setting of Agricultural Insurance Premium Rate and the Adjustment Model

    Institute of Scientific and Technical Information of China (English)

    HUANG Ya-lin

    2012-01-01

    First,using the law of large numbers,I analyze the setting principle of agricultural insurance premium rate,and take the case of setting of adult sow premium rate for study,to draw the conclusion that with the continuous promotion of agricultural insurance,increase in the types of agricultural insurance and increase in the number of the insured,the premium rate should also be adjusted opportunely.Then,on the basis of Bayes’ theorem,I adjust and calibrate the claim frequency and the average claim,in order to correctly adjust agricultural insurance premium rate;take the case of forest insurance for premium rate adjustment analysis.In setting and adjustment of agricultural insurance premium rate,in order to make the expected results well close to the real results,it is necessary to apply the probability estimates in a large number of risk units;focus on the establishment of agricultural risk database,to timely adjust agricultural insurance premium rate.

  15. Price premium of organic salmon in Danish retail sale

    DEFF Research Database (Denmark)

    Ankamah Yeboah, Isaac; Nielsen, Max; Nielsen, Rasmus

    2016-01-01

    of exclusively using organic fry for production. If the profitability of the primary organic aquaculture producers should be maintained, then farmers must be able to correspondingly receive higher prices, transmitted through the value chain from the retail market. This study identifies the price premium...... for organic salmon in Danish retail sale using consumer panel scanner data from households by applying a random effect hedonic price model that permits unobserved household heterogeneity. A price premium of 20% was identified for organic salmon. The magnitude of this premium is comparable to organic labeled...

  16. 42 CFR 408.210 - Termination of SMI premium surcharge agreement.

    Science.gov (United States)

    2010-10-01

    ... 42 Public Health 2 2010-10-01 2010-10-01 false Termination of SMI premium surcharge agreement. 408... Insurance Premium Surcharge Agreements § 408.210 Termination of SMI premium surcharge agreement. (a... before it can request to enter into another SMI premium surcharge agreement....

  17. Competitive strategy to provide technology and basic designs for the construction of new refineries premium of the PETROBRAS; Estrategia competitiva para prover tecnologias e projetos basicos para a construcao de novas refinarias premium da PETROBRAS

    Energy Technology Data Exchange (ETDEWEB)

    Claudia, Baptista M.L.A.; Adalberto, Barbalho S. [Petroleo Brasileiro S.A. (PETROBRAS), Rio de Janeiro, RJ (Brazil)

    2012-07-01

    Nowadays, there are major incentives for the construction of new refineries in Brazil: the increase of the local market and the discovery of huge oil reserves in the southeastern Atlantic coast of Brazil. In this scenario, PETROBRAS decided to construct two new refineries, Premium I and II, with a total refining capacity of 900.000 BPSD. The refineries will be designed to process a mix of Brazilian national crudes. The main objects of this ambitious project are to produce high quality diesel and jet fuel from an elevated nitrogen content feedstock, minimizing capital expenditure and schedule. Both refineries will have the same flow scheme with a target to maximize Middle distillate production for the European and local markets. In order to assure that the refinery scheme and the technologies selected will provide the best Net Present Value (NPV), it was decided to perform a Design Competition process to select the company to provide the basic design for all Premium refineries. As the concepts behind a Design Competition were new for PETROBRAS a rigorous process was developed and followed, which entailed contracting three benchmark companies with outstanding knowledge and experience in hydroprocessing to provide independent conceptual studies for a 300.000 BPSD refinery called Premium II. The vision was to utilize the same refinery scheme in the construction of the Premium I refinery which will have two identical trains processing 300.000 BPD. The awarded company was selected based on technical and economic evaluations, supported by state of the art hydroprocessing technologies, block flow diagram optimization and heat integration. This strategy allowed PETROBRAS to acquire the best refinery scheme and process designs for the PREMIUM refineries. The present paper discusses the design competition process, the refinery scheme adopted and the results achieved. (author)

  18. Strategy for the development of coal-based energy resources of Russia at the beginning of the third millennium

    Energy Technology Data Exchange (ETDEWEB)

    Trubetskoy, K.N. [IPCOM RAN, RUS-Moskva, Rossija (Russian Federation); Drebenstedt, C. [Freiberg Univ. of Mining and Technology, Freiberg (Germany)

    2003-07-01

    The Russian coal industry has a good opportunity for broad-scale high-rate development and growth of coal product consumption. This can be realized with the expected growth of industrial production in Russia and the adequate development of the energy sector in the country. The 'Energy Strategy of Russia for the period up to the year 2020' anticipates a substantial and gradual growth of coal importance with the expansion of the annual coal output from 250 to 500 mio t and more. Realization of the optimistic scenario of the Russian coal industry development in the forthcoming 20 years must be supported by the development and broad-scale application of low-waste and resource-saving technologies for the development and utilization of coal-based energy resources providing for utmost possible minimization, elimination and most comprehensive utilization of wastes and saving of mineral resources (through more complete extraction and comprehensive use of principal and associated minerals), with a parallel saving of labour and material resources. This will be achieved by the development and application of clean technologies, e.g. use of the surface miner, coal-water fuel, high-sulphur-coal processing and methane utilization. (orig.)

  19. The economics of sulphur in heavy fuel oil

    Energy Technology Data Exchange (ETDEWEB)

    Morgan, T. (Coopers and Lybrand Deloitte (GB))

    1991-01-01

    The sulphur premium, the price differential between high and low sulphur fuel oil, has trended upwards in recent years as Western governments have imposed increasingly tighter limits on both the quality of fuel oil supplied and emissions of polluting gases from the burning of fuel oil. This trend has had a significant impact on the relative prices of sweet and sour crudes and the economics of refining and power generation, in addition to the prices of natural gas index-linked partly to heavy fuel oil under long-term contracts. In this article, an analysis is made of the economics of sulphur content in heavy fuel oil, the outlook for the sulphur premium in Western Europe and the broader implications for the oil and gas industries. It is argued that, in spite of ever-tightening environmental controls, there is probably only relatively limited scope for a further rise in the sulphur premium over the coming years. (author).

  20. 5 CFR 890.1306 - Government premium contributions.

    Science.gov (United States)

    2010-01-01

    ....1306 Section 890.1306 Administrative Personnel OFFICE OF PERSONNEL MANAGEMENT (CONTINUED) CIVIL SERVICE REGULATIONS (CONTINUED) FEDERAL EMPLOYEES HEALTH BENEFITS PROGRAM Department of Defense Federal Employees Health Benefits Program Demonstration Project § 890.1306 Government premium contributions. The Secretary...

  1. The Effects of Premium Changes on ALL Kids

    Data.gov (United States)

    U.S. Department of Health & Human Services — The Effects of Premium Changes on ALL Kids, Alabamas CHIP Program Unlike many other CHIP programs, ALL Kids is a standalone program that provides year long...

  2. Demystifying first-cost green building premiums in healthcare.

    Science.gov (United States)

    Houghton, Adele; Vittori, Gail; Guenther, Robin

    2009-01-01

    This study assesses the extent of "first-cost green building construction premiums" in the healthcare sector based on data submitted by and interviews with 13 current LEED-certified and LEED-registered healthcare project teams, coupled with a literature survey of articles on the topics of actual and perceived first-cost premiums associated with green building strategies. This analysis covers both perceived and realized costs across a range of projects in this sector, leading to the following conclusions: Construction first-cost premiums may be lower than is generally perceived, and they appear to be independent of both building size and level of "green" achievement; projects are using financial incentives and philanthropy to drive higher levels of achievement; premiums are decreasing over time; and projects are benefiting from improvements in health and productivity which, although difficult to monetize, are universally valued.

  3. Premium variation in the individual health insurance market.

    Science.gov (United States)

    Herring, B; Pauly, M V

    2001-03-01

    Recent proposals to decrease the number of uninsured in the U.S. indicate that the individual health insurance market's role may increase. Amid fears of possible risk-segmentation in individual insurance, there exists limited information of the functioning of such markets. This paper examines the relationship between expected medical expense and actual paid premiums for households with individual insurance in the 1996-1997 Community Tracking Study's Household Survey. We find that premiums vary less than proportionately with expected expense and vary only with certain risk characteristics. We also explore how the relationship between risk and premiums is affected by local regulations and market characteristics. We find that premiums vary significantly less strongly with risk for persons insured by HMOs and in markets dominated by managed care insurers.

  4. An Empirical Study of Asian Crude Oil Premiums

    Institute of Scientific and Technical Information of China (English)

    2006-01-01

    The price of Middle East crude oil exported to Asian countries has been higher than that to Europe and America for a long period, and this price differential made Asian countries pay more than European and American countries. Prior investigations found that "Asian Crude Oil Premium" did exist at a relatively low oil price level. However, world oil price soared after 2003, making the price of Middle East crude oil exported to European countries or America rise quickly, sometimes even higher than that to Asia. Under this situation, this paper uses the price of Middle East crude oil sold to Europe or America or Asia to test if the premium exists at a high oil price level and concludes that the crude oil price premium of Asia against America does not exist, but the premium of Asia against Europe still exists.

  5. 48 CFR 2132.170 - Recurring premium payments to Contractors.

    Science.gov (United States)

    2010-10-01

    ..., a reconciliation of premiums, benefits, and other costs will be performed as a limited cost... Contractor's bank for payment. (c) Nothing in this chapter will affect the ability of the Contractor to...

  6. Trends in Global Demonstrations of Carbon Management Technologies to Advance Coal- Based Power Generation With Carbon Capture and Storage

    Science.gov (United States)

    Cohen, K. K.; Plasynski, S.; Feeley, T. J.

    2008-05-01

    Atmospheric CO2 concentrations increased an estimated 35% since preindustrial levels two centuries ago, reportedly due to the burning of fossil fuels combined with increased deforestation. In the U.S., energy-related activities account for 75% of anthropogenic greenhouse gas (GHG) emissions, with more than 50% from large stationary sources such as power plants and about one-third from transportation. Mitigation technologies for CO2 atmospheric stabilization based on energy and economic scenarios include coal-based power plant- carbon capture and storage (CCS), and the U.S. Department of Energy (DOE) is assessing CCS operations and supporting technologies at U.S. locations and opportunities abroad reported here. The Algerian In Salah Joint Industry Project injecting 1 million tons CO2 (MtCO2)/year into a gas field sandstone, and the Canadian Weyburn-Midale CO2 Monitoring and Storage Project injecting over 1.8 MtCO2/year into carbonate oil reservoirs are ongoing industrial-scale storage operations DOE participates in. DOE also supports mid-scale CCS demonstrations at the Australian Otway Project and CO2SINK in Germany. Enhanced oil recovery operations conducted for decades in west Texas and elsewhere have provided the industrial experience to build on, and early pilots such as Frio-I Texas in 2004 have spearheaded technology deployment. While injecting 1,600 tons of CO2 into a saline sandstone at Frio, time-lapse borehole and surface seismic detected P-wave velocity decreases and reflection amplitude changes resulting from the replacement of brine with CO2 in the reservoir. Just two of many cutting-edge technologies tested at Frio, these and others are now deployed by U.S. researchers with international teams to evaluate reservoir injectivity, capacity, and integrity, as well as to assess CO2 spatial distribution, trapping, and unlikely leakage. Time-lapse Vertical Seismic Profiling at Otway and microseismic at In Salah and Otway, monitor injection and reservoir

  7. Fixed-premium deposit insurance and international credit crunches

    OpenAIRE

    Spiegel, Mark M.

    1996-01-01

    This article introduces a monopolistically competitive model of foreign lending in which both explicit and implicit fixed-premium deposit insurance increase the degree to which bank participation in relending to problem debtors falls below its globally optimal level. This provides a channel for fixed-premium deposit insurance to inhibit credit extension in bad states, resulting in an increase in the expected default percentage and an increase in the expected burden on the deposit insurance in...

  8. Rising College Premiums in Mexico: How Important Is Trade?

    OpenAIRE

    Mehta, Aashish; Acuna, Belinda

    2010-01-01

    The literature on wage inequality in liberalizing developing economies has largely attributed rising skill premiums to trade-induced increases in the demand for skilled labor within "sectors" (industries, occupations, or industry-occupation pairs). Although there is strong evidence from many countries of trade-induced increases in skill demand within manufacturing, we show that in Mexico, the most studied country in this literature, economy-wide increases in college premium can be explained w...

  9. The Forward Premium Anomaly in the Foreign Exchange Markets

    Directory of Open Access Journals (Sweden)

    Nessrine Hamzaoui Aloui

    2013-10-01

    Full Text Available The purpose of this paper is to address the issue of the forward premium anomaly by using two different approaches: the long memory process and Multivariate GARCH. Initially, through the ARFIMA model, we study the properties of the forward premium on foreign exchange markets, including the presence of any long memory. Since the univariate study framework obscures the effect of conditional covariances in the measurement of risk, the transition to a more parsimonious multivariate framework is required. Therefore, we estimate, in a second time, the DCC-MVGARCH model to capture the dynamic links between forward premium series and the spot exchange return. The estimation results argue in favor of a forward premium that exhibits a phenomenon of long memory. In addition, they reveal the existence of a significant correlation sensitivity to shocks following a process of mean reversion and the detection of a strong correlation between these forward premiums and low correlation between the forward premium and the spot exchange return.

  10. Advanced thermally stable jet fuels

    Energy Technology Data Exchange (ETDEWEB)

    Schobert, H.H.

    1999-01-31

    The Pennsylvania State University program in advanced thermally stable coal-based jet fuels has five broad objectives: (1) Development of mechanisms of degradation and solids formation; (2) Quantitative measurement of growth of sub-micrometer and micrometer-sized particles suspended in fuels during thermal stressing; (3) Characterization of carbonaceous deposits by various instrumental and microscopic methods; (4) Elucidation of the role of additives in retarding the formation of carbonaceous solids; (5) Assessment of the potential of production of high yields of cycloalkanes by direct liquefaction of coal. Future high-Mach aircraft will place severe thermal demands on jet fuels, requiring the development of novel, hybrid fuel mixtures capable of withstanding temperatures in the range of 400--500 C. In the new aircraft, jet fuel will serve as both an energy source and a heat sink for cooling the airframe, engine, and system components. The ultimate development of such advanced fuels requires a thorough understanding of the thermal decomposition behavior of jet fuels under supercritical conditions. Considering that jet fuels consist of hundreds of compounds, this task must begin with a study of the thermal degradation behavior of select model compounds under supercritical conditions. The research performed by The Pennsylvania State University was focused on five major tasks that reflect the objectives stated above: Task 1: Investigation of the Quantitative Degradation of Fuels; Task 2: Investigation of Incipient Deposition; Task 3: Characterization of Solid Gums, Sediments, and Carbonaceous Deposits; Task 4: Coal-Based Fuel Stabilization Studies; and Task 5: Exploratory Studies on the Direct Conversion of Coal to High Quality Jet Fuels. The major findings of each of these tasks are presented in this executive summary. A description of the sub-tasks performed under each of these tasks and the findings of those studies are provided in the remainder of this volume

  11. Refinery Integration of By-Products from Coal-Derived Jet Fuels

    Energy Technology Data Exchange (ETDEWEB)

    Caroline E. Burgess Clifford; Andre Boehman; Chunshan Song; Bruce Miller; Gareth Mitchell

    2006-05-17

    This report summarizes the accomplishments toward project goals during the first six months of the third year of the project to assess the properties and performance of coal based products. These products are in the gasoline, diesel and fuel oil range and result from coal based jet fuel production from an Air Force funded program. Specific areas of progress include generation of coal based material that has been fractionated into the desired refinery cuts, acquisition and installation of a research gasoline engine, and modification of diesel engines for use in evaluating diesel produced in the project. Characterization of the gasoline fuel indicates a dominance of single ring alkylcycloalkanes that have a low octane rating; however, blends containing these compounds do not have a negative effect upon gasoline when blended in refinery gasoline streams. Characterization of the diesel fuel indicates a dominance of 3-ring aromatics that have a low cetane value; however, these compounds do not have a negative effect upon diesel when blended in refinery diesel streams. The desulfurization of sulfur containing components of coal and petroleum is being studied so that effective conversion of blended coal and petroleum streams can be efficiently converted to useful refinery products. Equipment is now in place to begin fuel oil evaluations to assess the quality of coal based fuel oil. Combustion and characterization of fuel oil indicates that the fuel is somewhere in between a No. 4 and a No. 6 fuel oil. Emission testing indicates the fuel burns similarly to these two fuels, but trace metals for the coal-based material are different than petroleum-based fuel oils. Co-coking studies using cleaned coal are highly reproducible in the pilot-scale delayed coker. Evaluation of the coke by Alcoa, Inc. indicated that while the coke produced is of very good quality, the metals content of the carbon is still high in iron and silica. Coke is being evaluated for other possible uses

  12. Modeling and Analyzing Taxi Congestion Premium in Congested Cities

    Directory of Open Access Journals (Sweden)

    Changwei Yuan

    2017-01-01

    Full Text Available Traffic congestion is a significant problem in many major cities. Getting stuck in traffic, the mileage per unit time that a taxicab travels will decline significantly. Congestion premium (or so-called low-speed fare has become an increasingly important income source for taxi drivers. However, the impact of congestion premium on the taxicab market is not widely understood yet. In particular, modeling and analyzing of the taxi fare structure with congestion premium are extremely limited. In this paper, we developed a taxi price equilibrium model, in which the adjustment mechanism of congestion premium on optimizing the taxi driver’s income, balancing the supply and demand, and eventually improving the level of service in the whole taxicab market was investigated. In the final part, we provided a case study to demonstrate the feasibility of the proposed model. The results indicated that the current taxi fare scheme in Beijing is suboptimal, since the gain from the raise of congestion premium cannot compensate for the loss from the demand reduction. Conversely, the optimal fare scheme suggested by our model can effectively reduce the excessive demand and reach the supply-demand equilibrium, while keeping the stability of the driver’s income to the maximum extent.

  13. Auxiliary units for refining of high nitrogen content oils: Premium II refinery case

    Energy Technology Data Exchange (ETDEWEB)

    Nicolato, Paolo Contim; Pinotti, Rafael [Petroleo Brasileiro S.A. (PETROBRAS), Rio de Janeiro, RJ (Brazil)

    2012-07-01

    PETROBRAS is constantly investing on its refining park in order to increase the production of clean and stable fuels and to be capable to process heavier oils with high contaminants content. Sulfur and nitrogen are the main heteroatoms present in petroleum. They are responsible for some undesirable fuels properties like corrosivity and instability, and also emit pollutants when burnt. Hydrotreating and hydrocracking processes are designed to remove these contaminants and adjust other fuel properties, generating, as byproduct, sour gases and sour water streams rich in H{sub 2}S and NH{sub 3}, which are usually sent to Sour Water Treatment Units and Sulfur Recovery Units. The regeneration of the amine used for the light streams treatment, as fuel gas and LPG, also generates sour gas streams that must be also sent to Sulfur Recovery Units. As the ammonia content in the sour streams increases, some design parameters must be adjusted to avoid increasing the Refinery emissions. Sulfur Recovery Units must provide proper NH3 destruction. Sour Water Treatment must have a proper segregation between H{sub 2}S and ammonia streams, whenever desirable. Amine Regeneration Systems must have an efficient procedure to avoid the ammonia concentration in the amine solution. This paper presents some solutions usually applied to the Petroleum Industry and analyses some aspects related to Premium II Refinery Project and how its design will help the Brazilian refining park to meet future environmental regulation and market demands. (author)

  14. Selection and the marriage premium for infant health.

    Science.gov (United States)

    Buckles, Kasey S; Price, Joseph

    2013-08-01

    Previous research has found a positive relationship between marriage and infant health, but it is unclear whether this relationship is causal or a reflection of positive selection into marriage. We use multiple empirical approaches to address this issue. First, using a technique developed by Gelbach (2009) to determine the relative importance of observable characteristics, we show how selection into marriage has changed over time. Second, we construct a matched sample of children born to the same mother and apply panel data techniques to account for time-invariant unobserved characteristics. We find evidence of a sizable marriage premium. However, this premium fell by more than 40 % between 1989 and 2004, largely as a result of declining selection into marriage by race. Accounting for selection reduces ordinary least squares estimates of the marriage premiums for birth weight, prematurity, and infant mortality by at least one-half.

  15. SKEWNESS OF RETURN DISTRIBUTION AND COEFFICIENT OF RISK PREMIUM

    Institute of Scientific and Technical Information of China (English)

    Fenghua WEN; Xiaoguang YANG

    2009-01-01

    The skewness of the return distribution is one of the important features of the security price. In this paper, the authors try to explore the relationship between the skewness and the coefficient of risk premium. The coefficient of the risk premium is estimated by a GARCH-M model, and the robust measurement of skewness is calculated by Groeneveld-Meeden method. The empirical evidences for the composite indexes from 33 securities markets in the world indicate that the risk compensation requirement in the market where the return distribution is positively skewed is virtually zero, and the risk compensation requirement is positive in a significant level in the market where the return distribution is negative skewed. Moreover, the skewness is negatively correlated with the coefficient of the risk premium.

  16. Business Cycle and Risk Premium in the Colombian Stock Market

    Directory of Open Access Journals (Sweden)

    Andrés Mauricio Gómez Sánchez

    2013-11-01

    Full Text Available Through the Hodrick-Prescott methodology this paper presents a review about the relationship between the ex post risk premium of the stock market and business cycles observed in Colombia. Through quarterly information from the fourth quarter of 2001 to the third quarter of 2012, statistical evidence shows that the increase and decrease of ex post risk premium follow a countercyclical behavior in tune with existing research conducted about the United States and emerging economies, although with non-contemporary relationships with private consumption. In addition, it is found that in the last decade the Colombian risk premium follows a process of Auto Regressive Moving Average Models (ARMA, showing that there is no variation in at least two consecutive quarters and whose behavior is generated in part by external events at the domestic economic activity level experienced in near past periods.

  17. Experience Studies on Determining Life Premium Insurance Ratings: Practical Approaches

    Directory of Open Access Journals (Sweden)

    Mirela CRISTEA

    2008-01-01

    Full Text Available The focus of this article is to present the modelling tehcniques used on international practice in the evaluation of right life premiums based. The knowledge and models obtained have a common element of mortality risk indicators but these are varied in different parts of the world. The common elements of these studies and models are generally based on a series of indicators which mainly point out their probability of survival and they are named the mortality indicators. These indicators represent the basis for the calculation of the premiums quotes and for the elaboration by the insurers of premium tables. The benefit for the policyholder is to obtain insurance at a fair and competitive price and for the insurer, to maintain the experience of its portfolio in line with mortality assumptions.

  18. Quantile regression modeling for Malaysian automobile insurance premium data

    Science.gov (United States)

    Fuzi, Mohd Fadzli Mohd; Ismail, Noriszura; Jemain, Abd Aziz

    2015-09-01

    Quantile regression is a robust regression to outliers compared to mean regression models. Traditional mean regression models like Generalized Linear Model (GLM) are not able to capture the entire distribution of premium data. In this paper we demonstrate how a quantile regression approach can be used to model net premium data to study the effects of change in the estimates of regression parameters (rating classes) on the magnitude of response variable (pure premium). We then compare the results of quantile regression model with Gamma regression model. The results from quantile regression show that some rating classes increase as quantile increases and some decrease with decreasing quantile. Further, we found that the confidence interval of median regression (τ = O.5) is always smaller than Gamma regression in all risk factors.

  19. Environmental externalities: An ASEAN application to coal-based power generation. [Association of South East Asian Nations (ASEAN)

    Energy Technology Data Exchange (ETDEWEB)

    Szpunar, C.B.; Gillette, J.L.

    1992-06-01

    Significant benefits to human health that result from emissions control programs may justify the costs of pollution control policies. Many scientists, economists, risk analysts, and policymakers believe that comparisons of the benefits with the costs of pollution control demonstrate that the US stationary source, air emissions control program is justified. This justification is based upon pronounced benefits to human health, especially from controlling suspended particulates and sulfur compounds. Market decisions are usually made on the basis of a consideration of traditional costs such as capital, operating and maintenance, fuel costs, and fixed charges. Social costs, which could be significant, are not incorporated explicitly into such decisions. These social costs could result in a net reduction in the welfare of individuals, and of society as a whole. Because these social costs and their effects are not represented in the price of energy, individual have no way to explicitly value them; hence, they remain unaccounted for in market decisions. By accounting for external costs, the selection of energy sources and production of energy products can lead to and equilibrium, where the total cost of energy and energy products, together with resulting social costs, can be brought to an economic minimum. The concept of an air emissions control program is of interest to the ASEAN countries (Brunei, Indonesia, Malaysia, the Philippines, Singapore, and Thailand) and their governments, especially if such a program could be justified in cost-benefit terms and shown to be directly applicable to ASEAN conditions. It is the intent of the effort described herein to demonstrate that technical options are available to control emissions from coal-based, electric power plants and that that costs of these options may be justified in cost-benefit terms.

  20. 76 FR 38281 - Federal Employees Health Benefits Program: New Premium Rating Method for Most Community Rated...

    Science.gov (United States)

    2011-06-29

    .... Federal Employees Health Benefits Program: New Premium Rating Method for Most Community Rated Plans... 3206-AM39 Federal Employees Health Benefits Program: New Premium Rating Method for Most Community...

  1. [Financial and economic principles of assessing enterprises' insurance premium for mandatory social worker's compensation].

    Science.gov (United States)

    Petrosiants, E V; Bal'nova, L G

    2000-01-01

    The authors analyzed present enterprises' insurance premiums, pointed out the associated drawbacks, defined main financial and economic principles underlying determination of enterprise's insurance premium (principle of sufficiency, principle of justice, principle of collective responsibility and principle of stimulation).

  2. Premium subsidies for health insurance: excessive coverage vs. adverse selection.

    Science.gov (United States)

    Selden, T M

    1999-12-01

    The tax subsidy for employment-related health insurance can lead to excessive coverage and excessive spending on medical care. Yet, the potential also exists for adverse selection to result in the opposite problem-insufficient coverage and underconsumption of medical care. This paper uses the model of Rothschild and Stiglitz (R-S) to show that a simple linear premium subsidy can correct market failure due to adverse selection. The optimal linear subsidy balances welfare losses from excessive coverage against welfare gains from reduced adverse selection. Indeed, a capped premium subsidy may mitigate adverse selection without creating incentives for excessive coverage.

  3. Efficient direct coal liquefaction of a premium brown coal catalyzed by cobalt-promoted fumed oxides

    Energy Technology Data Exchange (ETDEWEB)

    Trautmann, M.; Loewe, A.; Traa, Y. [Stuttgart Univ. (Germany). Inst. of Chemical Technology

    2013-11-01

    The search for alternatives in the fuel sector is an important technological challenge. An interim solution could be provided by direct coal liquefaction. Hydrogen economy and the lack of an efficient catalyst are the main obstacles for this process. We used a premium German brown coal with a high H/C molar ratio of 1.25 and nanostructured cobalt catalysts to improve the efficiency of direct coal liquefaction. We were able to recover and recycle the catalyst efficiently and reached good brown coal conversions and oil yields with single-stage coal liquefaction. The oil quality observed almost reached that of a conventional crude oil considering higher heating value (HHV), H/C molar ratio and aliphatic content. (orig.)

  4. On the Determinants of Equity International Risk Premium: Are Emerging Zones Different?

    OpenAIRE

    Khaled Guesmi; Ilyes Abid; Mohamed Hedi Arouri; Frédéric Teulon

    2013-01-01

    This article contributes to the financial literature by investigating the formation of the international stock risk premium in emerging market zones. Our results from the estimation of a dynamic augmented capital asset pricing model show that the currency risk premium is the most important component of the total premium followed by the global market premium. As for the regional risk, our findings show that it is significantly priced for all studied emerging regions but its contribution to the...

  5. Methane Adsorption Study Using Activated Carbon Fiber and Coal Based Activated Carbon

    Institute of Scientific and Technical Information of China (English)

    Guo Deyong; Li Fei; Liu Wenge

    2013-01-01

    Inlfuence of ammonium salt treatment and alkali treatment of the coal based activated carbon (AC) and activated carbon ifber (ACF) adsorbents on methane adsorption capacity was studied via high-pressure adsorption experiment. Sur-face functional groups and pore structure of two types of adsorbents were characterized by the application of infrared ab-sorption spectroscopy (IR) and low temperature liquid nitrogen adsorption method. The results show that both ammonium salt treatment and alkali treatment have obvious effect on changing BET, pore volume as well as pore size distribution of adsorbents; and methane adsorption capacity of the activated carbon ifber is the maximum after the ammonium salt treatment.

  6. Automatic proximate analyzer of coal based on isothermal thermogravimetric analysis (TGA) with twin-furnace

    Energy Technology Data Exchange (ETDEWEB)

    Xiong, Youhui; Jiang, Taiyi; Zou, Xianhong [National Laboratory of Coal Combustion, Huazhong University of Science and Technology, Wuhan, Hubei 430074 (China)

    2003-12-17

    A new type of rapid and automatic proximate analyzer for coal based on isothermal thermogravimetric analysis (TGA) with twin-furnace is introduced in this paper. This automatic proximate analyzer was developed by combination with some novel technologies, such as the automatic weighting method for multi-samples in a high temperature and dynamic gas flow circumstance, the self-protection system for the electric balance, and the optimal method and procedure for coal analysis process. Additionally, the comparison between standard values and the measurement values derived from the new instrument of standard coals was presented.

  7. 29 CFR 778.204 - “Clock pattern” premium pay.

    Science.gov (United States)

    2010-07-01

    ... POLICY OR INTERPRETATION NOT DIRECTLY RELATED TO REGULATIONS OVERTIME COMPENSATION Payments That May Be Excluded From the âRegular Rateâ Extra Compensation Paid for Overtime § 778.204 “Clock pattern” premium pay... extra compensation provided by such premium rate will be treated as an overtime premium if the...

  8. 26 CFR 1.264-2 - Single premium life insurance, endowment, or annuity contracts.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 3 2010-04-01 2010-04-01 false Single premium life insurance, endowment, or..., directly or indirectly, to purchase or to continue in effect a single premium life insurance or endowment... payee of such annuity contract. A contract is considered a single premium life insurance, endowment,...

  9. 38 CFR 8.5 - Authorization for deduction of premiums from compensation, retirement pay, or pension.

    Science.gov (United States)

    2010-07-01

    ... deduction of premiums from compensation, retirement pay, or pension. 8.5 Section 8.5 Pensions, Bonuses, and Veterans' Relief DEPARTMENT OF VETERANS AFFAIRS NATIONAL SERVICE LIFE INSURANCE Premiums § 8.5 Authorization for deduction of premiums from compensation, retirement pay, or pension. Deductions from...

  10. 38 CFR 8.4 - Deduction of insurance premiums from compensation, retirement pay, or pension.

    Science.gov (United States)

    2010-07-01

    ...' Relief DEPARTMENT OF VETERANS AFFAIRS NATIONAL SERVICE LIFE INSURANCE Premiums § 8.4 Deduction of insurance premiums from compensation, retirement pay, or pension. The insured under a National Service life insurance policy which is not lapsed may authorize the monthly deduction of premiums from...

  11. Mating motives are neither necessary nor sufficient to create the beauty premium.

    Science.gov (United States)

    Hafenbrädl, Sebastian; Dana, Jason

    2017-01-01

    Mating motives lead decision makers to favor attractive people, but this favoritism is not sufficient to create a beauty premium in competitive settings. Further, economic approaches to discrimination, when correctly characterized, could neatly accommodate the experimental and field evidence of a beauty premium. Connecting labor economics and evolutionary psychology is laudable, but mating motives do not explain the beauty premium.

  12. 5 CFR 892.102 - What is premium conversion and how does it work?

    Science.gov (United States)

    2010-01-01

    ... 5 Administrative Personnel 2 2010-01-01 2010-01-01 false What is premium conversion and how does it work? 892.102 Section 892.102 Administrative Personnel OFFICE OF PERSONNEL MANAGEMENT (CONTINUED... PREMIUMS Administration and General Provisions § 892.102 What is premium conversion and how does it...

  13. The impact of instant reward programs and bonus premiums on consumer purchase behavior

    NARCIS (Netherlands)

    Minnema, Alec; Bijmolt, Tammo H. A.; Non, Marielle C.

    2017-01-01

    This study examines the impact of an instant reward program (IRP) with bonus premiums on consumer purchase behavior. An IRP is a rapidly growing form of short-term program that rewards consumers instantly with small premiums per fixed spending, where these premiums are part of a larger set of collec

  14. 46 CFR 308.547 - Application for return premium, Form MA-317.

    Science.gov (United States)

    2010-10-01

    ... 46 Shipping 8 2010-10-01 2010-10-01 false Application for return premium, Form MA-317. 308.547... for return premium, Form MA-317. An application for the return of premium must be filed in duplicate with the Underwriting Agent on Form MA-317, which may be obtained from the American War Risk Agency...

  15. 46 CFR 308.527 - Application for return premium, Form MA-307.

    Science.gov (United States)

    2010-10-01

    ... 46 Shipping 8 2010-10-01 2010-10-01 false Application for return premium, Form MA-307. 308.527... for return premium, Form MA-307. An application for the return of premium, which may be obtained from... MA-307....

  16. 42 CFR 406.33 - Determination of months to be counted for premium increase: Enrollment.

    Science.gov (United States)

    2010-10-01

    ... increase: Enrollment. 406.33 Section 406.33 Public Health CENTERS FOR MEDICARE & MEDICAID SERVICES... Premium Hospital Insurance § 406.33 Determination of months to be counted for premium increase: Enrollment... premium increase are the months from the end of the initial enrollment period through the end of the...

  17. 14 CFR 198.15 - Non-premium insurance-payment of registration binders.

    Science.gov (United States)

    2010-01-01

    ... OF TRANSPORTATION (CONTINUED) WAR RISK INSURANCE AVIATION INSURANCE § 198.15 Non-premium insurance... 14 Aeronautics and Space 3 2010-01-01 2010-01-01 false Non-premium insurance-payment of...-premium insurance must be accompanied by the proper binder, payable to the FAA. A binder is not...

  18. 26 CFR 1.803-6 - Amortization of premium and accrual of discount.

    Science.gov (United States)

    2010-04-01

    ... (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES Life Insurance Companies § 1.803-6 Amortization of premium... company. A life insurance company which adjusts amortization of premium or accrual of discount with... 26 Internal Revenue 8 2010-04-01 2010-04-01 false Amortization of premium and accrual of...

  19. 78 FR 58290 - TRICARE; Calendar Year 2014 TRICARE Young Adult Program Premium Update

    Science.gov (United States)

    2013-09-23

    ... of the Secretary TRICARE; Calendar Year 2014 TRICARE Young Adult Program Premium Update AGENCY: Office of the Secretary of Defense, DoD. ACTION: Notice of Updated TRICARE Young Adult Premiums for Calendar Year 2014. SUMMARY: This notice provides the updated TRICARE Young Adult program premiums...

  20. 24 CFR 203.462 - Pro rata payment of premium before termination.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Pro rata payment of premium before... Pro rata payment of premium before termination. No contract of insurance shall be terminated until the lender has paid to the Commissioner the pro rata portion of the current annual insurance premium....

  1. The impact of instant reward programs and bonus premiums on consumer purchase behavior

    NARCIS (Netherlands)

    Minnema, Alec; Bijmolt, Tammo H. A.; Non, Marielle C.

    This study examines the impact of an instant reward program (IRP) with bonus premiums on consumer purchase behavior. An IRP is a rapidly growing form of short-term program that rewards consumers instantly with small premiums per fixed spending, where these premiums are part of a larger set of

  2. 29 CFR 778.201 - Overtime premiums-general.

    Science.gov (United States)

    2010-07-01

    ... POLICY OR INTERPRETATION NOT DIRECTLY RELATED TO REGULATIONS OVERTIME COMPENSATION Payments That May Be Excluded From the âRegular Rateâ Extra Compensation Paid for Overtime § 778.201 Overtime premiums—general..., the extra compensation provided by the premium rates need not be included in the employee's...

  3. 77 FR 41270 - Health Insurance Premium Tax Credit

    Science.gov (United States)

    2012-07-13

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Parts 1 and 602 RIN 1545-BJ82 Health Insurance Premium Tax Credit Correction In rule document 2012-12421 appearing on pages 30377-30400 in the issue of Wednesday, May 23, 2012...

  4. Interdependence of life insurance service quality and premium

    Directory of Open Access Journals (Sweden)

    Dragan Benazić

    2006-12-01

    Full Text Available Insurance companies in Croatia feel the need to find new sources of competitive advantage on the Croatian life insurance market amid increasing competition and a poorly profiled offer of life insurance services. Lately, both marketing literature and practice seem to point to the shaping of a relationship between service quality and price as a possible solution to improving the position of insurance companies on the Croatian market. In providing life insurance services, the insurance companies should focus on the quality elements that offer certain benefits a client is willing to pay for. Changes in individual quality features have been evaluated differently by clients. Such differences in their evaluation of changes in the individual elements of service quality also reflect the willingness of clients to pay a suitable increase on their insurance premium. Improvements in the service quality features that are subjectively evaluated as important should lead to the client’s acceptance of a higher life insurance premium. The paper considers the interdependence between the quality of life insurance services and the premium from the aspect of the client’s willingness to pay a higher life insurance premium for a higher service quality.

  5. 26 CFR 1.848-2 - Determination of net premiums.

    Science.gov (United States)

    2010-04-01

    ... equals the amount which bears the same ratio to the capitalization shortfall as the required...) Retired lives reserves. Premiums received by an insurance company under a retired lives reserve... approximated by using the interpolated terminal reserve of the original contract as of the date of the...

  6. Just My Imagination: Beauty premium and the evolved mental model.

    Science.gov (United States)

    Oda, Ryo

    2017-01-01

    Imagination, an important feature of the human mind, may be at the root of the beauty premium. The evolved human capacity for simulating the real world, developed as an adaptation to a complex social environment, may offer the key to understanding this and many other aspects of human behavior.

  7. 'Benefits cycle' replacing premium cycle as consumerism takes hold.

    Science.gov (United States)

    2002-05-01

    The traditional premium cycle of ups and downs in rates is giving way to a new phenomenon--driven by the advent of consumerism in health care--termed the "benefits cycle" by one consultant. Rather than shifts in rates, he argues, the future will see shifts in benefits packages.

  8. A theoretical and practical perspective on the equity risk premium

    NARCIS (Netherlands)

    Salomons, Roelof

    2008-01-01

    In historical perspective, equity returns have been higher than interest rates but have also varied a good deal more. However, the average excess return has been larger than what could be expected based on classical equilibrium theory: the equity risk premium (ERP) puzzle. This paper has two objecti

  9. Premium small car demand,not rising in China

    Institute of Scientific and Technical Information of China (English)

    2008-01-01

    <正>A growing number of worldwide car makers are focusing on making premium or luxury small cars. These cars ensure sales income, stabilize their market share and they are a good reflection of a civic-oriented society. But why these kinds of cars are unable to create market demand in China where resources supply is tougher than in most countries.

  10. Portfolio size as funktion of the premium: modeling and optimization

    DEFF Research Database (Denmark)

    Asmussen, Søren; Christensen, Bent Jesper; Taksar, Michael I

    An insurance company has a large number N of potential customers characterized by i.i.d. r.v.'s A1,…,AN giving the arrival rates of claims. Customers are risk averse, and a customer accepts an offered premium p according to his A-value. The modeling further involves a discount rate d>r of customers...

  11. CREAT A CONSORTIUM AND DEVELOP PREMIUM CARBON PRODUCTS FROM COAL

    Energy Technology Data Exchange (ETDEWEB)

    John M. Andresen

    2003-08-01

    The Consortium for Premium Carbon Products from Coal, with funding from the U.S. Department of Energy's National Energy Technology Laboratory and matching funds from industry and academic institutions continued to excel in developing innovative technologies to use coal and coal-derived feedstocks to produce premium carbon product. During Budget Period 5, eleven projects were supported and sub-contracted were awarded to seven organizations. The CPCPC held two meetings and one tutorial at various locations during the year. Budget Period 5 was a time of growth for CPCPC in terms of number of proposals and funding requested from members, projects funded and participation during meetings. Although the membership was stable during the first part of Budget Period 5 an increase in new members was registered during the last months of the performance period.

  12. Approaches for controlling air pollutants and their environmental impacts generated from coal-based electricity generation in China.

    Science.gov (United States)

    Xu, Changqing; Hong, Jinglan; Ren, Yixin; Wang, Qingsong; Yuan, Xueliang

    2015-08-01

    This study aims at qualifying air pollutants and environmental impacts generated from coal-based power plants and providing useful information for decision makers on the management of coal-based power plants in China. Results showed that approximately 9.03, 54.95, 62.08, and 12.12% of the national carbon dioxide, sulfur dioxide, nitrogen oxides, and particulate matter emissions, respectively, in 2011were generated from coal-based electricity generation. The air pollutants were mainly generated from east China because of the well-developed economy and energy-intensive industries in the region. Coal-washing technology can simply and significantly reduce the environmental burden because of the relativity low content of coal gangue and sulfur in washed coal. Optimizing the efficiency of raw materials and energy consumption is additional key factor to reduce the potential environmental impacts. In addition, improving the efficiency of air pollutants (e.g., dust, mercury, sulfur dioxide, nitrogen oxides) control system and implementing the strict requirements on air pollutants for power plants are important ways for reducing the potential environmental impacts of coal-based electricity generation in China.

  13. On asset pricing and the equity premium puzzle

    OpenAIRE

    2000-01-01

    This thesis was submitted for the degree of Doctor of Philosophy and awarded by Brunel University. Presented here are consumption and production related asset pricing models which seek to explain stock market behaviour through the stock premium over risk-free bonds and to do so using parameter values consistent with theory. Our results show that there are models capable of explaining stock market behaviour. For the consumption-based model, we avoid many of the suggestions to artificiall...

  14. The Value Premium on the Danish Stock Market

    DEFF Research Database (Denmark)

    Risager, Ole

    2005-01-01

    A number of influential studies have documented a strong value premium for US stocks over the period 1963 to 1990 (Fama and French (1992), Lakonishok et al. (1994)). Stocks with low price-earnings multiples, price-book values and other measures of value are reported to have given a higher mean re......,98)) or mispricing as emphasized by the Behavioral Finance School (Chan et al. (2000), Lakonishok et al. (1994) and La Porta et al. (1997))....

  15. Stock Market Integration: Are Risk Premiums of International Assets Equal?

    Directory of Open Access Journals (Sweden)

    Kusdhianto Setiawan

    2014-02-01

    Full Text Available This paper studies previous research on capital market integration and applies a simple international capital asset pricing model by considering the incompleteness in market integration and heteroscedasticity of the market returns. When we disregarded those two factors, we found that stock markets were integrated and the law of one price on risk premiums prevails. However, when the factors were considered, the markets were just partially integrated.

  16. Global Variance Risk Premium and Forex Return Predictability

    OpenAIRE

    Aloosh, Arash

    2014-01-01

    In a long-run risk model with stochastic volatility and frictionless markets, I express expected forex returns as a function of consumption growth variances and stock variance risk premiums (VRPs)—the difference between the risk-neutral and statistical expectations of market return variation. This provides a motivation for using the forward-looking information available in stock market volatility indices to predict forex returns. Empirically, I find that stock VRPs predict forex returns at a ...

  17. Global Variance Risk Premium and Forex Return Predictability

    OpenAIRE

    Aloosh, Arash

    2014-01-01

    In a long-run risk model with stochastic volatility and frictionless markets, I express expected forex returns as a function of consumption growth variances and stock variance risk premiums (VRPs)—the difference between the risk-neutral and statistical expectations of market return variation. This provides a motivation for using the forward-looking information available in stock market volatility indices to predict forex returns. Empirically, I find that stock VRPs predict forex returns at a ...

  18. Fuel flexible fuel injector

    Science.gov (United States)

    Tuthill, Richard S; Davis, Dustin W; Dai, Zhongtao

    2015-02-03

    A disclosed fuel injector provides mixing of fuel with airflow by surrounding a swirled fuel flow with first and second swirled airflows that ensures mixing prior to or upon entering the combustion chamber. Fuel tubes produce a central fuel flow along with a central airflow through a plurality of openings to generate the high velocity fuel/air mixture along the axis of the fuel injector in addition to the swirled fuel/air mixture.

  19. Designing Psychological Treatments for Scalability: The PREMIUM Approach.

    Directory of Open Access Journals (Sweden)

    Sukumar Vellakkal

    Full Text Available Lack of access to empirically-supported psychological treatments (EPT that are contextually appropriate and feasible to deliver by non-specialist health workers (referred to as 'counsellors' are major barrier for the treatment of mental health problems in resource poor countries. To address this barrier, the 'Program for Effective Mental Health Interventions in Under-resourced Health Systems' (PREMIUM designed a method for the development of EPT for severe depression and harmful drinking. This was implemented over three years in India. This study assessed the relative usefulness and costs of the five 'steps' (Systematic reviews, In-depth interviews, Key informant surveys, Workshops with international experts, and Workshops with local experts in the first phase of identifying the strategies and theoretical model of the treatment and two 'steps' (Case series with specialists, and Case series and pilot trial with counsellors in the second phase of enhancing the acceptability and feasibility of its delivery by counsellors in PREMIUM with the aim of arriving at a parsimonious set of steps for future investigators to use for developing scalable EPT.The study used two sources of data: the usefulness ratings by the investigators and the resource utilization. The usefulness of each of the seven steps was assessed through the ratings by the investigators involved in the development of each of the two EPT, viz. Healthy Activity Program for severe depression and Counselling for Alcohol Problems for harmful drinking. Quantitative responses were elicited to rate the utility (usefulness/influence, followed by open-ended questions for explaining the rankings. The resources used by PREMIUM were computed in terms of time (months and monetary costs.The theoretical core of the new treatments were consistent with those of EPT derived from global evidence, viz. Behavioural Activation and Motivational Enhancement for severe depression and harmful drinking respectively

  20. MODEL PERAMALAN KONSUMSI BAHAN BAKAR JENIS PREMIUM DI INDONESIA DENGAN REGRESI LINIER BERGANDA

    Directory of Open Access Journals (Sweden)

    Farizal

    2014-12-01

    Full Text Available Energy consumption forecasting, especially premium, is an integral part of energy management. Premium is a type of energy that receives government subsidy. Unfortunately, premium forecastings being performed have considerable high error resulting difficulties on reaching planned subsidy target and exploding the amount. In this study forecasting was conducted using multilinear regression (MLR method with ten candidate predictor variables. The result shows that only four variables which are inflation, selling price disparity between pertamanx and premium, economic growth rate, and the number of car, dictate premium consumption. Analsys on the MLR model indicates that the model has a considerable low error with the mean absolute percentage error (MAPE of 5.18%. The model has been used to predict 2013 primium consumption with 1.05% of error. The model predicted that 2013 premium consumption was 29.56 million kiloliter, while the reality was 29.26 million kiloliter.

  1. Foreign Exchange Risk Premium; Does Fiscal Policy Matter? Evidence From Italian Data

    OpenAIRE

    Lorenzo Giorgianni

    1997-01-01

    This paper challenges the conventional view that foreign exchange risk premiums are small, not volatile, and unrelated to macroeconomic variables. For the Italian lira (1987-94), unconditional risk premiums—constructed using survey data to measure exchange rate expectations—are found to be sizable (relative to the dimension of the forward premium), highly volatile (relative to the variability of the forward bias), and predictable. Estimation of structural models of the risk premium suggests t...

  2. Using the Black Scholes method for estimating high cost illness insurance premiums in Colombia

    Directory of Open Access Journals (Sweden)

    Liliana Chicaíza

    2009-04-01

    Full Text Available This article applied the Black-Scholes option valuation formula to calculating high-cost illness reinsurance premiums in the Colombian health system. The coverage pattern used in reinsuring high-cost illnesses was replicated by means of a European call option contract. The option’s relevant variables and parameters were adapted to an insurance market context. The premium estimated by the BlackScholes method fell within the range of premiums estimated by the actuarial method.

  3. Do "premium" joint implants add value?: analysis of high cost joint implants in a community registry.

    Science.gov (United States)

    Gioe, Terence J; Sharma, Amit; Tatman, Penny; Mehle, Susan

    2011-01-01

    Numerous joint implant options of varying cost are available to the surgeon, but it is unclear whether more costly implants add value in terms of function or longevity. We evaluated registry survival of higher-cost "premium" knee and hip components compared to lower-priced standard components. Premium TKA components were defined as mobile-bearing designs, high-flexion designs, oxidized-zirconium designs, those including moderately crosslinked polyethylene inserts, or some combination. Premium THAs included ceramic-on-ceramic, metal-on-metal, and ceramic-on-highly crosslinked polyethylene designs. We compared 3462 standard TKAs to 2806 premium TKAs and 868 standard THAs to 1311 premium THAs using standard statistical methods. The cost of the premium implants was on average approximately $1000 higher than the standard implants. There was no difference in the cumulative revision rate at 7-8 years between premium and standard TKAs or THAs. In this time frame, premium implants did not demonstrate better survival than standard implants. Revision indications for TKA did not differ, and infection and instability remained contributors. Longer followup is necessary to demonstrate whether premium implants add value in younger patient groups. Level III, therapeutic study. See Guidelines for Authors for a complete description of levels of evidence.

  4. Refinery Integration of By-Products from Coal-Derived Jet Fuels

    Energy Technology Data Exchange (ETDEWEB)

    Caroline Clifford; Andre Boehman; Chunshan Song; Bruce Miller; Gareth Mitchell

    2008-03-31

    The final report summarizes the accomplishments toward project goals during length of the project. The goal of this project was to integrate coal into a refinery in order to produce coal-based jet fuel, with the major goal to examine the products other than jet fuel. These products are in the gasoline, diesel and fuel oil range and result from coal-based jet fuel production from an Air Force funded program. The main goal of Task 1 was the production of coal-based jet fuel and other products that would need to be utilized in other fuels or for non-fuel sources, using known refining technology. The gasoline, diesel fuel, and fuel oil were tested in other aspects of the project. Light cycle oil (LCO) and refined chemical oil (RCO) were blended, hydrotreated to removed sulfur, and hydrogenated, then fractionated in the original production of jet fuel. Two main approaches, taken during the project period, varied where the fractionation took place, in order to preserve the life of catalysts used, which includes (1) fractionation of the hydrotreated blend to remove sulfur and nitrogen, followed by a hydrogenation step of the lighter fraction, and (2) fractionation of the LCO and RCO before any hydrotreatment. Task 2 involved assessment of the impact of refinery integration of JP-900 production on gasoline and diesel fuel. Fuel properties, ignition characteristics and engine combustion of model fuels and fuel samples from pilot-scale production runs were characterized. The model fuels used to represent the coal-based fuel streams were blended into full-boiling range fuels to simulate the mixing of fuel streams within the refinery to create potential 'finished' fuels. The representative compounds of the coal-based gasoline were cyclohexane and methyl cyclohexane, and for the coal-base diesel fuel they were fluorine and phenanthrene. Both the octane number (ON) of the coal-based gasoline and the cetane number (CN) of the coal-based diesel were low, relative to

  5. Treatment of complex Remazol dye effluent using sawdust- and coal-based activated carbons.

    Science.gov (United States)

    Vijayaraghavan, K; Won, Sung Wook; Yun, Yeoung-Sang

    2009-08-15

    A complex Remazol dye effluent, comprised of four reactive dyes and auxiliary chemicals, was decolorized using SPS-200 (sawdust-based) and SPC-100 (coal-based) activated carbons. A detailed characterization revealed that the pore diameter of the activated carbon played an important role in dye adsorption. The solution pH had no significant effect on the adsorption capacity in the pH range of 2-10.7. According to the Langmuir model, the maximum uptakes of SPS-200 were 415.4, 510.3, 368.5 and 453.0 mg g(-1) for Reactive Black 5 (RB5), Reactive Orange 16 (RO16), Remazol Brilliant Blue R (RBBR) and Remazol Brilliant Violet 5R (RBV), respectively. Conversely, those of SPC-100 were slightly lower, at 150.8, 197.4, 178.3 and 201.1 mg g(-1) for RB5, RO16, RBBR and RBV, respectively. In the case of Remazol effluent, SPS-200 exhibited a decolorization efficiency of 100% under unadjusted pH conditions at 10.7, compared to that of 52% for SPC-100.

  6. Formation and characterization of metallic iron grains in coal-based reduction of oolitic iron ore

    Science.gov (United States)

    Sun, Yong-sheng; Han, Yue-xin; Li, Yan-feng; Li, Yan-jun

    2017-02-01

    To reveal the formation and characteristics of metallic iron grains in coal-based reduction, oolitic iron ore was isothermally reduced in various reduction times at various reduction temperatures. The microstructure and size of the metallic iron phase were investigated by scanning electron microscopy, energy-dispersive X-ray spectroscopy, and a Bgrimm process mineralogy analyzer. In the results, the reduced Fe separates from the ore and forms metallic iron protuberances, and then the subsequent reduced Fe diffuses to the protuberances and grows into metallic iron grains. Most of the metallic iron grains exist in the quasi-spherical shape and inlaid in the slag matrix. The cumulative frequency of metallic iron grain size is markedly influenced by both reduction time and temperature. With increasing reduction temperature and time, the grain size of metallic iron obviously increases. According to the classical grain growth equation, the growth kinetic parameters, i.e., time exponent, growth activation energy, and pre-exponential constant, are estimated to be 1.3759 ± 0.0374, 103.18 kJ·mol-1, and 922.05, respectively. Using these calculated parameters, a growth model is established to describe the growth behavior of metallic iron grains.

  7. Let's Do It Again: Bagging Equity Premium Predictors

    DEFF Research Database (Denmark)

    Hillebrand, Eric Tobias; Lee, Tae-Hwy; Medeiros, Marcelo C.

    of the regression coefficient and positivity of the forecast. Bagging constrained estimators can have smaller asymptotic mean-squared prediction errors than forecasts from a restricted model without bagging. Monte Carlo simulations show that forecast gains can be achieved in realistic sample sizes for the stock...... return problem. In an empirical application using the data set of Campbell, J., and S. Thompson (2008): “Predicting the Equity Premium Out of Sample: Can Anything Beat the Historical Average?”, Review of Financial Studies 21, 1511-1531, we show that we can improve the forecast performance further...

  8. Ion exchange properties of Wyodak premium coal samples

    Energy Technology Data Exchange (ETDEWEB)

    Vorres, K.S.

    1993-08-23

    Low rank coals (lignite and subbituminous) contain exchangeable cations. A sample of {minus}20+200 mesh Argonne Premium Wyodak coal was washed with nitric acid in a burette fitted with a coarse glass frit at the base of the graduations to remove the exchangeable cations from the system. The eluent was passed to a flow-through pH electrode and a titration curve was obtained on a computer file. A series of electrodes (pH, calcium, sodium and potassium) were used in separate experiments to follow the elution from the coal. Some implications for coal structure are also indicated.

  9. The equity premium puzzle and emotional asset pricing

    OpenAIRE

    Gürtler, Marc; Hartmann, Nora

    2004-01-01

    "Since the equity premium as well as the risk-free rate puzzle question the concepts central to financial and economic modeling, we apply behavioral decision theory to asset pricing in view of solving these puzzles. U.S. stock market data for the period 1960-2003 and German stock market data for the period 1977-2003 show that emotional investors who act in accordance to Bell's (1985) disappointment theory -a special case of prospect theory- and additionally administer mental accounts demand a...

  10. 5 CFR 550.107 - Premium payments capped on a biweekly basis when an annual limitation otherwise applies.

    Science.gov (United States)

    2010-01-01

    ... OFFICE OF PERSONNEL MANAGEMENT CIVIL SERVICE REGULATIONS PAY ADMINISTRATION (GENERAL) Premium Pay Maximum Earnings Limitations § 550.107 Premium payments capped on a biweekly basis when an annual...

  11. Optimal dynamic premium control in non-life insurance. Maximizing dividend pay-outs

    DEFF Research Database (Denmark)

    Højgaard, Bjarne

    2002-01-01

    In this paper we consider the problem of finding optimal dynamic premium policies in non-life insurance. The reserve of a company is modeled using the classical Cramér-Lundberg model with premium rates calculated via the expected value principle. The company controls dynamically the relative safety...

  12. Insurance premium reductions. A motivating factor in long-term hypertensive treatment.

    Science.gov (United States)

    Moser, M; Rafter, J; Gajewski, J

    1984-02-10

    Elevated blood pressure substantially increases mortality and requires, therefore, high premium payments for life insurance coverage. Most life insurance companies are willing to reduce the cost of yearly premiums when blood pressure is successfully treated and controlled for several years. Physicians should bring these facts to their patients' attention as a motivating factor to improve adherence to therapy.

  13. 42 CFR 408.112 - Refund of excess premiums after the enrollee dies.

    Science.gov (United States)

    2010-10-01

    ... after the enrollee dies. If CMS has received premiums for months after the enrollee's death, CMS refunds... made under paragraph (a) of this section, CMS refunds the premiums to the enrollee's survivors in the... security or railroad retirement benefits on the basis of the same earnings record as the...

  14. Effects of tort reforms and other factors on medical malpractice insurance premiums.

    Science.gov (United States)

    Zuckerman, S; Bovbjerg, R R; Sloan, F

    1990-01-01

    We use state-level data on physician malpractice premiums, claims, and awards, provided by insurance companies for the years 1974 to 1986, to evaluate the effectiveness of the various tort reforms that have been legislated during the 1970s and 1980s. In addition to the tort reforms, our analysis of premiums considers insurers' anticipated losses, returns on investments, the type of insurer, and premium regulation. Our results suggest that the only reforms that significantly lower premiums are those that either impose a cap on the amount of physician liability or reduce the amount of time a plaintiff has to initiate a claim. We also find that premiums are lower when states regulate rates by requiring prior approval of premiums. In addition, it appears that the observed cyclicality in premiums is due, in part, to fluctuations in the real interest rates available to insurers as returns on investments. Unfortunately, we did not find as strong a link between the determinants of premiums, claims, and awards as might be expected.

  15. 78 FR 79619 - Patient Protection and Affordable Care Act; Program Integrity: Exchange, Premium Stabilization...

    Science.gov (United States)

    2013-12-31

    ...-9957-CN; 9964-CN] RIN 0938-AR82; RIN 0938-AR74 Patient Protection and Affordable Care Act; Program... Affordable Care Act; Program Integrity: Exchange, Premium Stabilization Programs, and Market Standards... and Affordable Care Act; Program Integrity: Exchange, Premium Stabilization Programs, and...

  16. 24 CFR 203.319 - Pro rata payment of premiums and charges.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Pro rata payment of premiums and... § 203.319 Pro rata payment of premiums and charges. No contract of insurance shall be terminated until the mortgagee has paid to the Commissioner the pro rata portion of the current annual MIP or...

  17. 24 CFR 232.825 - Pro rata refund of insurance premium.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Pro rata refund of insurance... ASSISTED LIVING FACILITIES Contract Rights and Obligations Premiums § 232.825 Pro rata refund of insurance... rata portion of the current annual loan insurance premium theretofore paid which is applicable to...

  18. 24 CFR 266.608 - Mortgage insurance premium: Pro rata refund.

    Science.gov (United States)

    2010-04-01

    ... rata refund. 266.608 Section 266.608 Housing and Urban Development Regulations Relating to Housing and... premium: Pro rata refund. If the Contract of Insurance is terminated by payment in full or is terminated... account. In computing the pro rata portion of the annual mortgage insurance premium, the date...

  19. 24 CFR 241.825 - Pro rata refund of insurance premium.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Pro rata refund of insurance... Projects Without a HUD-Insured or HUD-Held Mortgage Premiums § 241.825 Pro rata refund of insurance premium... Commissioner shall refund to the lender for the account of the borrower an amount equal to the pro rata...

  20. 77 FR 21580 - Changes in Certain Multifamily Housing and Health Care Facility Mortgage Insurance Premiums for...

    Science.gov (United States)

    2012-04-10

    ... Premiums for Fiscal Year (FY) 2013 AGENCY: Office of the Assistant Secretary for Housing--Federal Housing... of the mortgage insurance premiums (MIPs) for certain Federal Housing Administration (FHA... return to the market by ensuring FHA is not under-pricing its risk. In addition to announcing MIPs for FY...

  1. Clean, premium-quality chars: Demineralized and carbon enriched

    Energy Technology Data Exchange (ETDEWEB)

    Smith, G.V.

    1992-01-03

    The goal of this project is to develop a bench-scale procedure to produce clean, desulfurized, premium-quality chars from the Illinois basin coals. This goal is achieved by utilizing the effective capabilty of smectites in combination with methane to manipulate the char yields. The major objectives are: to determine the optimum water- ground particle size for the maximum reduction of pyrite and minerals by the selective-bitumen agglomeration process; to evaluate the type of smectite and its interlamellar cation which enhances the premium-quality char yields; to find the mode of dispersion of smectites in clean coal which retards the agglomeration of char during mild gasification; to probe the conditions that maximize the desulfurized clean-char yields under a combination of methane+oxygen or helium+oxygen; to characterize and accomplish a material balance of chars, liquids, and gases produced during mild gasification; to identify the conditions which reject dehydrated smectites from char by the gravitational separation technique; and to determine the optimum seeding of chars with polymerized maltene for flammability and transportation.

  2. New Evidence Against a Causal Marriage Wage Premium.

    Science.gov (United States)

    Killewald, Alexandra; Lundberg, Ian

    2017-06-01

    Recent research has shown that men's wages rise more rapidly than expected prior to marriage, but interpretations diverge on whether this indicates selection or a causal effect of anticipating marriage. We seek to adjudicate this debate by bringing together literatures on (1) the male marriage wage premium; (2) selection into marriage based on men's economic circumstances; and (3) the transition to adulthood, during which both union formation and unusually rapid improvements in work outcomes often occur. Using data from the National Longitudinal Survey of Youth 1979, we evaluate these perspectives. We show that wage declines predate rather than follow divorce, indicating no evidence that staying married benefits men's wages. We find that older grooms experience no unusual wage patterns at marriage, suggesting that the observed marriage premium may simply reflect co-occurrence with the transition to adulthood for younger grooms. We show that men entering shotgun marriages experience similar premarital wage gains as other grooms, casting doubt on the claim that anticipation of marriage drives wage increases. We conclude that the observed wage patterns are most consistent with men marrying when their wages are already rising more rapidly than expected and divorcing when their wages are already falling, with no additional causal effect of marriage on wages.

  3. Coal conversion processes and analysis methodologies for synthetic fuels production. [technology assessment and economic analysis of reactor design for coal gasification

    Science.gov (United States)

    1979-01-01

    Information to identify viable coal gasification and utilization technologies is presented. Analysis capabilities required to support design and implementation of coal based synthetic fuels complexes are identified. The potential market in the Southeast United States for coal based synthetic fuels is investigated. A requirements analysis to identify the types of modeling and analysis capabilities required to conduct and monitor coal gasification project designs is discussed. Models and methodologies to satisfy these requirements are identified and evaluated, and recommendations are developed. Requirements for development of technology and data needed to improve gasification feasibility and economies are examined.

  4. Co-Optimization of Fuels & Engines: Misfueling Mitigation

    Energy Technology Data Exchange (ETDEWEB)

    Sluder, C. Scott; Moriarty, Kristi; Jehlik, Forrest; West, Brian H.

    2017-04-06

    This report examines diesel/gasoline misfueling, leaded/unleaded gasoline misfueling, E85/E15/E10 misfueling, and consumer selection of regular grade fuel over premium grade fuel in an effort to evaluate misfueling technologies that may be needed to support the introduction of vehicles optimized for a new fuel in the marketplace. This is one of a series of reports produced as a result of the Co-Optimization of Fuels & Engines (Co-Optima) project, a Department of Energy-sponsored multi-agency project to accelerate the introduction of affordable, scalable, and sustainable biofuels and high-efficiency, low-emission vehicle engines.

  5. Biodiesel fuel costs and environmental issues when powering railway locomotives

    Energy Technology Data Exchange (ETDEWEB)

    Mirza, Abdul; Ziemer, Norbert; Tatara, Robert; Moraga, Reinaldo; Mirman, Clifford; Vohra, Promod

    2010-09-15

    Issues for adopting biodiesel fuel, instead of petrodiesel, to power railroad locomotives are engine performance and emissions, fuel infrastructure, and fuel cost. These are evaluated for B2 through B100 blends. Biodiesel's solvent action on fuel systems is addressed. With biodiesel, hydrocarbon, carbon monoxide, and particulate emissions are unchanged or reduced. Nitrogen oxides are elevated but it is believed that engine alterations can minimize these emissions. A Transportation Model, using data from a major railway, has demonstrated that refueling depots can be fully supplied with biodiesel at a pricing premium of 1% to 26%, depending on blend and geographical location.

  6. Identification and quantification of environmental issues of aging coal-based power plant - Case study

    Energy Technology Data Exchange (ETDEWEB)

    Sharma, M.; Vyas, P. [Indian Institute of Technology, Kanpur (India). Dept. of Civil Engineering, Environmental Engineering & Management Programme

    2001-12-01

    This research has focused on three environmental issues: (1) fugitive dust emissions; (2) water management; and (3) operational parameters (such as thermal efficiency) of aging coal-based thermal power plants, using a case study. Regarding dust emissions, it was observed that the identified sources are fugitive in nature and contribute to a significant loss of raw material and particulate emissions. These sources include coal dust emissions from a wagon tippler area, ball mill operations, and leakage from the ash hoppers of electrostatic precipitators. In situ measurements of air quality and meteorological measurements were undertaken to estimate the emissions from a wagon tippler area, and a mass balance technique was applied across other operations to estimate the emissions. These fugitive emissions were about 98% of the total particulate emissions and the remaining 2% emissions were from the stack. The losses of water in various unit operations were also examined. The sources of water losses include the clariflocculator, the demineralization plant, and auxiliary water cooling of motors and pumps. The operational parameters such as auxiliary power requirement and thermal efficiency that indirectly affect the environment were also studied. The auxiliary power requirement was estimated as 9 MW against the accepted requirement of 7 MW. The thermal efficiency of the plant was estimated to be 26%, against the acceptable level of 32% of such plants in India. This study suggests that a significant reduction in cost and improvements in the environment could be achieved if the plant could be operated at rated efficiencies. It was observed that nonpoint (fugitive) sources, although significant, are ignored.

  7. 38 CFR 8.26 - Renewal of National Service Life Insurance on the 5-year level premium term plan.

    Science.gov (United States)

    2010-07-01

    ... Service Life Insurance on the 5-year level premium term plan. 8.26 Section 8.26 Pensions, Bonuses, and... § 8.26 Renewal of National Service Life Insurance on the 5-year level premium term plan. (a) Effective July 23, 1953, all or any part of National Service Life Insurance on the 5-year level premium term plan...

  8. Equity-premium puzzle: evidence from Brazilian data

    Directory of Open Access Journals (Sweden)

    Rubens Penha Cysne

    2006-06-01

    Full Text Available This paper uses 1992:1-2004:2 quarterly data and two different methods (approximation under lognormality and calibration to evaluate the existence of an equity-premium puzzle in Brazil. In contrast with some previous works in the Brazilian literature, I conclude that the model used by Mehra and Prescott (1985, either with additive or recursive preferences, is not able to satisfactorily rationalize the equity premium observed in the Brazilian data. The second contribution of the paper is calling the attention to the fact that the utility function calculated under the discrete-state approximation may not exist if the data (as it is the case with Brazilian time series implies the existence of states in which high negative rates of consumption growth are attained with relatively high probability. This fact is particularly important when the researcher tries to work with high risk-aversion parameters in order to generate high risk premia.Este trabalho usa dados brasileiros do período 1992:1-2004:2 e dois diferentes métodos (aproximação sob a hipótese de lognormalidade e calibração para avaliar a existência de um "equity-premium puzzle" no Brasil. Em contraste com alguns trabalhos prévios da literatura nacional, conclui-se que o modelo usado por Mehra and Prescott (1985, seja com preferências aditivas ou recursivas, não é capaz de gerar o prêmio de risco observado na economia brasileira. A segunda contribuição do trabalho é chamar a atenção para o fato de que a função utilidade calculada sob a hipótese de aproximação discreta do espaço de estados pode não existir se os dados (como é o caso no Brasil implicarem a existência de estados nos quais taxas altamente negativas de crescimento do consumo são alcançadas com probabilidade demasiado elevadas. Este fato é particularmente importante quando se tenta utilizar parâmetros de aversão ao risco altos o suficiente para gerar o prêmio de risco inerente ao caso brasileiro.

  9. Users Handbook for the Argonne Premium Coal Sample Program

    Energy Technology Data Exchange (ETDEWEB)

    Vorres, K.S.

    1993-10-01

    This Users Handbook for the Argonne Premium Coal Samples provides the recipients of those samples with information that will enhance the value of the samples, to permit greater opportunities to compare their work with that of others, and aid in correlations that can improve the value to all users. It is hoped that this document will foster a spirit of cooperation and collaboration such that the field of basic coal chemistry may be a more efficient and rewarding endeavor for all who participate. The different sections are intended to stand alone. For this reason some of the information may be found in several places. The handbook is also intended to be a dynamic document, constantly subject to change through additions and improvements. Please feel free to write to the editor with your comments and suggestions.

  10. Ruin problems with stochastic premium stochastic return on investments

    Institute of Scientific and Technical Information of China (English)

    WANG Rongming; XU Lin; YAO Dingjun

    2007-01-01

    In this paper, ruin problems in the risk model with stochastic premium incomes and stochastic return on investments are studied. The logarithm of the asset price process is assumed to be a Lévy process. An exact expression for expected discounted penalty function is established. Lower bounds and two kinds of upper bounds for expected discounted penalty function are obtained by inductive method and martingale approach. Integro- differential equations for the expected discounted penalty function are ob- tained when the Lévy process is a Brownian motion with positive drift and a compound Poisson process, respectively. Some analytical examples and numerical examples are given to illustrate the upper bounds and the applications of the integro-differential equations in this paper.

  11. A "LHC Premium" for Early Career Researchers? Perceptions from within

    CERN Document Server

    Camporesi, Tiziano; Florio, Massimo; Giffoni, Francesco

    2016-01-01

    More than 36,000 students and post-docs will be involved in experiments at the Large Hadron Collider (LHC) until 2025. Do they expect that their learning experience will have an impact on their professional future? By drawing from earlier salary expectations literature, this paper proposes a framework aiming at explaining the professional expectations of early career researchers (ECR) at the LHC. Results from different ordered logistic models suggest that experiential learning at LHC positively correlates with both current and former students' salary expectations. At least two not mutually exclusive explanations underlie such a relationship. First, the training at LHC gives early career researchers valuable expertise, which in turn affects salary expectations; secondly, respondents recognise that the LHC research experience per se may act as a signal in the labour market. Respondents put a price tag on their experience at LHC, a "salary premium" ranging from 5% to 12% in terms of future salaries compared with...

  12. The development of coal-based technologies for Department of Defense facilities. Volume 1, Technical report. Semiannual technical progress report, September 28, 1994--March 27, 1995

    Energy Technology Data Exchange (ETDEWEB)

    Miller, B.G.; Bartley, D.A.; Hatcher, P. [Pennsylvania State Univ., University Park, PA (United States). Energy and Fuels Research Center] [and others

    1996-10-15

    This program is being conducted as a cooperative agreement between the Consortium for Coal Water Mixture Technology and the U.S. Department of Energy. Activities this reporting period are summarized by phase. Phase I is nearly completed. During this reporting period, coal beneficiation/preparation studies, engineering designs and economics for retrofitting the Crane, Indiana boiler to fire coal-based fuels, and a 1,000-hour demonstration of dry, micronized coal were completed. In addition, a demonstration-scale micronized-coal water mixture (MCWM) preparation circuit was constructed and a 1,000-hour demonstration firing MCWM began. Work in Phase II focused on emissions reductions, coal beneficiation/preparation studies, and economic analyses of coal use. Emissions reductions investigations involved literature surveys of NO{sub x}, SO{sub 2}, trace metals, volatile organic compounds, and fine particulate matter capture. In addition, vendors and engineering firms were contacted to identify the appropriate emissions technologies for the installation of commercial NO{sub x} and SO{sub 2} removal systems on the demonstration boiler. Information from the literature surveys and engineering firms will be used to identify, design, and install a control system(s). Work continued on the refinement and optimization of coal grinding and MCWM preparation procedures, and on the development of advanced processes for beneficiating high ash, high sulfur coals. Work also continued on determining the basic cost estimation of boiler retrofits, and evaluating environmental, regulatory, and regional economic impacts. In addition, the feasibility of technology adoption, and the public`s perception of the benefits and costs of coal usage was studied. A coal market analysis was completed. Work in Phase III focused on coal preparation studies, emissions reductions and economic analyses of coal use.

  13. Development of an Integrated Multi-Contaminant Removal Process Applied to Warm Syngas Cleanup for Coal-Based Advanced Gasification Systems

    Energy Technology Data Exchange (ETDEWEB)

    Meyer, Howard

    2010-11-30

    This project met the objective to further the development of an integrated multi-contaminant removal process in which H2S, NH3, HCl and heavy metals including Hg, As, Se and Cd present in the coal-derived syngas can be removed to specified levels in a single/integrated process step. The process supports the mission and goals of the Department of Energy's Gasification Technologies Program, namely to enhance the performance of gasification systems, thus enabling U.S. industry to improve the competitiveness of gasification-based processes. The gasification program will reduce equipment costs, improve process environmental performance, and increase process reliability and flexibility. Two sulfur conversion concepts were tested in the laboratory under this project, i.e., the solventbased, high-pressure University of California Sulfur Recovery Process High Pressure (UCSRP-HP) and the catalytic-based, direct oxidation (DO) section of the CrystaSulf-DO process. Each process required a polishing unit to meet the ultra-clean sulfur content goals of <50 ppbv (parts per billion by volume) as may be necessary for fuel cells or chemical production applications. UCSRP-HP was also tested for the removal of trace, non-sulfur contaminants, including ammonia, hydrogen chloride, and heavy metals. A bench-scale unit was commissioned and limited testing was performed with simulated syngas. Aspen-Plus®-based computer simulation models were prepared and the economics of the UCSRP-HP and CrystaSulf-DO processes were evaluated for a nominal 500 MWe, coal-based, IGCC power plant with carbon capture. This report covers the progress on the UCSRP-HP technology development and the CrystaSulf-DO technology.

  14. Plan-provider integration, premiums, and quality in the Medicare Advantage market.

    Science.gov (United States)

    Frakt, Austin B; Pizer, Steven D; Feldman, Roger

    2013-12-01

    To investigate how integration between Medicare Advantage plans and health care providers is related to plan premiums and quality ratings. We used public data from the Centers for Medicare and Medicaid Services (CMS) and the Area Resource File and private data from one large insurer. Premiums and quality ratings are from 2009 CMS administrative files and some control variables are historical. We estimated ordinary least-squares models for premiums and plan quality ratings, with state fixed effects and firm random effects. The key independent variable was an indicator of plan-provider integration. With the exception of Medigap premium data, all data were publicly available. We ascertained plan-provider integration through examination of plans' websites and governance documents. We found that integrated plan-providers charge higher premiums, controlling for quality. Such plans also have higher quality ratings. We found no evidence that integration is associated with more generous benefits. Current policy encourages plan-provider integration, although potential effects on health insurance products and markets are uncertain. Policy makers and regulators may want to closely monitor changes in premiums and quality after integration and consider whether quality improvement (if any) justifies premium increases (if they occur). © Health Research and Educational Trust.

  15. Plan–Provider Integration, Premiums, and Quality in the Medicare Advantage Market

    Science.gov (United States)

    Frakt, Austin B; Pizer, Steven D; Feldman, Roger

    2013-01-01

    Objective. To investigate how integration between Medicare Advantage plans and health care providers is related to plan premiums and quality ratings. Data Source. We used public data from the Centers for Medicare and Medicaid Services (CMS) and the Area Resource File and private data from one large insurer. Premiums and quality ratings are from 2009 CMS administrative files and some control variables are historical. Study Design. We estimated ordinary least-squares models for premiums and plan quality ratings, with state fixed effects and firm random effects. The key independent variable was an indicator of plan–provider integration. Data Collection. With the exception of Medigap premium data, all data were publicly available. We ascertained plan–provider integration through examination of plans’ websites and governance documents. Principal Findings. We found that integrated plan–providers charge higher premiums, controlling for quality. Such plans also have higher quality ratings. We found no evidence that integration is associated with more generous benefits. Conclusions. Current policy encourages plan–provider integration, although potential effects on health insurance products and markets are uncertain. Policy makers and regulators may want to closely monitor changes in premiums and quality after integration and consider whether quality improvement (if any) justifies premium increases (if they occur). PMID:23800017

  16. Surgeons' Perspectives on Premium Implants in Total Joint Arthroplasty.

    Science.gov (United States)

    Wasterlain, Amy S; Bello, Ricardo J; Vigdorchik, Jonathan; Schwarzkopf, Ran; Long, William J

    2017-06-29

    Declining total joint arthroplasty reimbursement and rising implant prices have led many hospitals to restrict access to newer, more expensive total joint arthroplasty implants. The authors sought to understand arthroplasty surgeons' perspectives on implants regarding innovation, product launch, costs, and cost-containment strategies including surgeon gain-sharing and patient cost-sharing. Members of the International Congress for Joint Reconstruction were surveyed regarding attitudes about implant technology and costs. Descriptive and univariate analyses were performed. A total of 126 surgeons responded from all 5 regions of the United States. Although 76.9% believed new products advance technology in orthopedics, most (66.7%) supported informing patients that new implants lack long-term clinical data and restricting new implants to a small number of investigators prior to widespread market launch. The survey revealed that 66.7% would forgo gain-sharing incentives in exchange for more freedom to choose implants. Further, 76.9% believed that patients should be allowed to pay incremental costs for "premium" implants. Surgeons who believed that premium products advance orthopedic technology were more willing to forgo gain-sharing (P=.040). Surgeons with higher surgical volume (P=.007), those who believed implant companies should be allowed to charge more for new technology (Pinnovation advances the field but support discussing the "unproven" nature of new implants with patients. Many surgeons support alternative payment models permitting surgeons and patients to retain implant selection autonomy. Most respondents prioritized patient beneficence and surgeon autonomy above personal financial gain. [Orthopedics. 201x; xx(x):xx-xx.]. Copyright 2017, SLACK Incorporated.

  17. Characterization of particle size distribution from diesel engines fueled with palm-biodiesel blends and paraffinic fuel blends

    Science.gov (United States)

    Lin, Yuan-Chung; Lee, Chia-Fon; Fang, Tiegang

    Biodiesels are promoted as alternative fuels and their applications in diesel engines have been investigated by many researchers. However, the particle size distribution emitted from heavy-duty diesel engines fueled with palm-biodiesel blended with premium diesel fuel and paraffinic fuel blended with palm-biodiesel has seldom been addressed. Thus, five test fuels were used in this work to study the particle size distribution: D100 (premium diesel fuel), B100 (100% palm-biodiesel), B20 (20 vol% palm-biodiesel+80 vol% D100), BP9505 (95 vol% paraffinic fuel+5 vol% palm-biodiesel) and BP8020 (80 vol% paraffinic fuel+20 vol% palm-biodiesel). A Micro-Orifice Uniform Deposit Impactor (MOUDI) equipped with aluminum filters was used to collect size-resolved samples. Experimental results indicated that palm-biodiesel blends and paraffinic fuel blends could improve combustion efficiency in diesel engines, but pure palm-biodiesel could cause incomplete combustion. Adding palm-biodiesel to diesel fuel would slightly increase particles with diameter matter of BP9505 and BP8020 existed in coarse particles (diameter: 2.5-10 μm). Energy efficiency also increases significantly by 12.3-15.1% with the introduction of paraffinic fuel blends into the engine. Nevertheless, paraffinic fuel blends also reduce the emission of particulate matters by 36.0-38.4%. Carbon monoxide was decreased by 36.8-48.5%. Total hydrocarbon is 39.6-41.7% less than diesel fuel combustion. Nitrogen oxides emission is about 5% lower for paraffinic fuel. These results show that paraffinic fuel can be very competitive and replaced diesel fuels in the future.

  18. The Flight-to-Liquidity Premium in U.S. Treasury Bond Prices

    OpenAIRE

    Longstaff, Francis A.

    2001-01-01

    We examine whether there is a flight-to-liquidity premium in Treasury bond prices by comparing them with prices of bonds issued by Refcorp, a U.S. Government agency. Since Refcorp bonds are, in effect, guaranteed by the Treasury, they have the same credit as Treasury bonds. We find a large liquidity premium in Treasury bonds, which can be more than fifteen percent of the value of some Treasury bonds. We find strong evidence that this liquidity premium is related to changes in consumer con- fi...

  19. An empirical analysis of the external finance premium of public non-financial corporations in Brazil

    Directory of Open Access Journals (Sweden)

    Fernando N. de Oliveira

    2012-09-01

    Full Text Available Our objective in this paper is to analyze empirically the relationship between the external finance premium of non-financial corporations in Brazil with their default probability and with their demand for inventories. As for the former relation, we find that corporations that have greater external finance premium have greater probability of default. As for the latter, we find that the external finance premium is positive and statistically significantly correlated. The results confirm previous results of the literature that indicate that the balance sheet channel of monetary policy is relevant in Brazil.

  20. Yttria-stabilized zirconia solid oxide electrolyte fuel cells: Monolithic solid oxide fuel cells

    Science.gov (United States)

    1990-10-01

    The monolithic solid oxide fuel cell (MSOFC) is currently under development for a variety of applications including coal-based power generation. The MSOFC is a design concept that places the thin components of a solid oxide fuel cell in lightweight, compact, corrugated structure, and so achieves high efficiency and excellent performance simultaneously with high power density. The MSOFC can be integrated with coal gasification plants and is expected to have high overall efficiency in the conversion of the chemical energy of coal to electrical energy. This report describes work aimed at: (1) assessing manufacturing costs for the MSOFC and system costs for a coal-based plant; (2) modifying electrodes and electrode/electrolyte interfaces to improve the electrochemical performance of the MSOFC; and (3) testing the performance of the MSOFC on hydrogen and simulated coal gas. Manufacturing costs for both the coflow and crossflow MSOFC's were assessed based on the fabrication flow charts developed by direct scaleup of tape calendering and other laboratory processes. Integrated coal-based MSOFC systems were investigated to determine capital costs and costs of electricity. Design criteria were established for a coal-fueled 200-Mw power plant. Four plant arrangements were evaluated, and plant performance was analyzed. Interfacial modification involved modification of electrodes and electrode/electrolyte interfaces to improve the MSOFC electrochemical performance. Work in the cathode and cathode/electrolyte interface was concentrated on modification of electrode porosity, electrode morphology, electrode material, and interfacial bonding. Modifications of the anode and anode/electrolyte interface included the use of additives and improvement of nickel distribution. Single cells have been tested for their electrochemical performance. Performance data were typically obtained with humidified H2 or simulated coal gas and air or oxygen.

  1. An alternative computational method for finding the minimum-premium insurance portfolio

    Science.gov (United States)

    Katsikis, Vasilios N.

    2016-06-01

    In this article, we design a computational method, which differs from the standard linear programming techniques, for computing the minimum-premium insurance portfolio. The corresponding algorithm as well as a Matlab implementation are provided.

  2. The application of variable sampling method in the audit testing of insurance companies' premium income

    Directory of Open Access Journals (Sweden)

    Jovković Biljana

    2012-12-01

    Full Text Available The aim of this paper is to present the procedure of audit sampling using the variable sampling methods for conducting the tests of income from insurance premiums in insurance company 'Takovo'. Since the incomes from the insurance premiums from vehicle insurance and third-party vehicle insurance have the dominant share of the insurance company's income, the application of this method will be shown in the audit examination of these incomes - incomes from VI and TPVI premiums. For investigating the applicability of these methods in testing the income of other insurance companies, we shall implement the method of variable sampling in the audit testing of the premium income from the three leading insurance companies in Serbia, 'Dunav', 'DDOR' and 'Delta Generali' Insurance.

  3. A DEMAND-SUPPLY ANALYSIS OF THE SPANISH EDUCATION WAGE PREMIUM

    OpenAIRE

    Manuel A. Hidalgo

    2010-01-01

    This paper estimates education demand for Spain in order to analyze whether variations of the education wage premium between the 1980s and 1990s can be explained within the framework of a supply and demand model. The evidence reveals a stable pattern of growth in the demand for education throughout the eighties and nineties, empirically showing that differences in the evolution of the education wage premium during the two decades can be explained by varying growth in education supply coupled ...

  4. Spatial Risk Premium on Weather Derivatives and Hedging Weather Exposure in Electricity

    OpenAIRE

    Härdle, Wolfgang Karl; Osipenko, Maria

    2011-01-01

    Due to dependency of energy demand on temperature, weather derivatives enable the effective hedging of temperature related fluctuations. However, temperature varies in space and time and therefore the contingent weather derivatives also vary. The spatial derivative price distribution involves a risk premium. We examine functional principal components of temperature variation for this spatial risk premium. We employ a pricing model for temperature derivatives based on dynamics modelled via a v...

  5. What drives insurer participation and premiums in the Federally-Facilitated Marketplace?

    Science.gov (United States)

    Abraham, Jean Marie; Drake, Coleman; McCullough, Jeffrey S; Simon, Kosali

    2017-04-26

    We investigate determinants of market entry and premiums within the context of the Affordable Care Act's Marketplaces for individual insurance. Using Bresnahan and Reiss (1991) as the conceptual framework, we study how competition and firm heterogeneity relate to premiums in 36 states using Federally Facilitated or Supported Marketplaces in 2016. Our primary data source is the Qualified Health Plan Landscape File, augmented with market characteristics from the American Community Survey and Area Health Resource File as well as insurer-level information from federal Medical Loss Ratio annual reports. We first estimate a model of insurer entry and then investigate the relationship between a market's predicted number of entrants and insurer-level premiums. Our entry model results suggest that competition is increasing with the number of insurers, most notably as the market size increases from 3 to 4 entrants. Results from the premium regression suggest that each additional entrant is associated with approximately 4% lower premiums, controlling for other factors. An alternative explanation for the relationship between entrants and premiums is that more efficient insurers (who can price lower) are the ones that enter markets with many entrants, and this is reflected in lower premiums. An exploratory analysis of insurers' non-claims costs (a proxy for insurer efficiency) reveals that average costs among entrants are rising slightly with the number of insurers in the market. This pattern does not support the hypothesis that premiums decrease with more entrants because those entrants are more efficient, suggesting instead that the results are being driven mostly by price competition.

  6. College wage premium over time: trends in Europe in the last 15 years.

    OpenAIRE

    Elena Crivellaro

    2014-01-01

    While there has been intense debate in the empirical literature over the evolution of the college wage premium in the United States, its evolution in Europe has received little attention. This paper investigates the causes of the evolution of the college wage premium in 12 european countries from 1994 to 2009. I use cross country variation in relative supply, demand, and labour market institutions to examine their effects on the trend in wage inequality. I address possible concerns of endogen...

  7. Experimental study of external fuel vaporization

    Science.gov (United States)

    Szetela, E. J.; Tevelde, J. A.

    1982-01-01

    The fuel properties used in the design of a flash vaporization system for aircraft gas turbine engines were evaluated in experiments using a flowing system to determine critical temperature and pressure, boiling points, dew points, heat transfer coefficients, deposit formation rates, and deposit removal. Three fuels were included in the experiments: Jet-A, an experimental referree broad specification fuel, and a premium No. 2 diesel fuel. Engine conditions representing a NASA Energy Efficient Engine at sea-level take-off, cruise, and idle were simulated in the vaporization system and it was found that single phase flow was maintained in the heat exchanger and downstream of the throttle. Deposits encountered in the heat exchanger represented a thermal resistance as high as 1300 sq M K/watt and a deposit formation rate over 1000 gC/sq cm hr.

  8. Advanced thermally stable jet fuels: Technical progress report, July 1994--September 1994

    Energy Technology Data Exchange (ETDEWEB)

    Schobert, H.H.; Eser, S.; Song, C.; Hatcher, P.G.; Boehman, A.; Coleman, M.M.

    1994-07-01

    There are five tasks within this project on thermally stable coal-based jet fuels. Progress on each of the tasks is described. Task 1, Investigation of the quantitative degradation chemistry of fuels, has 3 subtasks which are described: Pyrolysis of n-alkylbenzenes; Thermal decomposition of n-tetradecane in near-critical region; and Re-examining the effects of reactant and inert gas pressure on tetradecane pyrolysis--Effect of cold volume in batch reactor. Under Task 2, Investigation of incipient deposition, the subtask reported is Uncertainty analysis on growth and deposition of particles during heating of coal-derived aviation gas turbine fuels; under Task 3, Investigation of the quantitative degradation chemistry of fuels, is subtask, Effects of high surface area activated carbon and decalin on thermal degradation of jet A-1 fuel and n-dodecane; under Task 4, Coal-based fuel stabilization studies, is subtask, Screening potential jet fuel stabilizers using the model compound dodecane; and under Task 5, Exploratory studies on the direct conversion of coal to high quality jet fuels, is subtask, Shape-selective naphthalene hydrogenation for production of thermally stable jet fuels. 25 refs., 64 figs., 22 tabs.

  9. Carbon now real factor in denying permits to coal-based generation

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2009-01-15

    Concerns about global climate change and uncertainties about the potential cost of carbon regulation have increased the odds that applications to build coal-fired plants will be denied. In Kansas the coal industry was stunned by the denial of an air-quality permit for a project because of concerns about global warming. It was the first time any official anywhere had invoked greenhouse gases as the reason for denying an operating permit for a proposed fossil-fueled plant.

  10. Estimating organic, local, and other price premiums in the Hawaii fluid milk market.

    Science.gov (United States)

    Loke, Matthew K; Xu, Xun; Leung, PingSun

    2015-04-01

    With retail scanner data, we applied hedonic price modeling to explore price premiums for organic, local, and other product attributes of fluid milk in Hawaii. Within the context of revealed preference, this analysis of organic and local attributes, under a single unified framework, is significant, as research in this area is deficient in the existing literature. This paper finds both organic and local attributes delivered price premiums over imported, conventional, whole fluid milk. However, the estimated price premium for organic milk (24.6%) is significantly lower than findings in the existing literature. Likewise, the price premium for the local attribute is estimated at 17.4%, again substantially lower compared with an earlier, stated preference study in Hawaii. Beyond that, we estimated a robust price premium of 19.7% for nutritional benefits claimed. The magnitude of this estimated coefficient reinforces the notion that nutrition information on food is deemed beneficial and valuable. Finally, package size measures the influence of product weight. With each larger package size, the estimate led to a corresponding larger price discount. This result is consistent with the practice of weight discounting that retailers usually offer with fresh packaged food. Additionally, we estimated a fairly high Armington elasticity of substitution, which suggests a relatively high degree of substitution between local and imported fluid milk when their relative price changes. Overall, this study establishes price premiums for organic, local, and nutrition benefits claimed for fluid milk in Hawaii.

  11. Differing Impacts Of Market Concentration On Affordable Care Act Marketplace Premiums.

    Science.gov (United States)

    Scheffler, Richard M; Arnold, Daniel R; Fulton, Brent D; Glied, Sherry A

    2016-05-01

    Recent increases in market concentration among health plans, hospitals, and medical groups raise questions about what impact such mergers are having on costs to consumers. We examined the impact of market concentration on the growth of health insurance premiums between 2014 and 2015 in two Affordable Care Act state-based Marketplaces: Covered California and NY State of Health. We measured health plan, hospital, and medical group market concentration using the well-known Herfindahl-Hirschman Index (HHI) and used a multivariate regression model to relate these measures to premium growth. Both states exhibited a positive association between hospital concentration and premium growth and a positive (but not statistically significant) association between medical group concentration and premium growth. Our results for health plan concentration differed between the two states: It was positively associated with premium growth in New York but negatively associated with premium growth in California. The health plan concentration finding in Covered California may be the result of its selectively contracting with health plans.

  12. Energy balances in the production and end use of alcohols derived from biomass. A fuels-specific comparative analysis of alternate ethanol production cycles

    Energy Technology Data Exchange (ETDEWEB)

    1980-10-01

    Considerable public interest and debate have been focused on the so-called energy balance issue involved in the conversion of biomass materials into ethanol for fuel use. This report addresses questions of net gains in premium fuels that can be derived from the production and use of ethanol from biomass, and shows that for the US alcohol fuel program, energy balance need not be a concern. Three categories of fuel gain are discussed in the report: (1) Net petroleum gain; (2) Net premium fuel gain (petroleum and natural gas); and (3) Net energy gain (for all fuels). In this study the investment of energy (in the form of premium fuels) in alcohol production includes all investment from cultivating, harvesting, or gathering the feedstock and raw materials, through conversion of the feedstock to alcohol, to the delivery to the end-user. To determine the fuel gains in ethanol production, six cases, encompassing three feedstocks, five process fuels, and three process variations, have been examined. For each case, two end-uses (automotive fuel use and replacement of petrochemical feedstocks) were scrutinized. The end-uses were further divided into three variations in fuel economy and two different routes for production of ethanol from petrochemicals. Energy requirements calculated for the six process cycles accounted for fuels used directly and indirectly in all stages of alcohol production, from agriculture through distribution of product to the end-user. Energy credits were computed for byproducts according to the most appropriate current use.

  13. Conversion of solvent refined lignite into premium liquid fuels. Annual report, January-December, 1980

    Energy Technology Data Exchange (ETDEWEB)

    Baltisberger, R.J.; Stenberg, V.I.; Klabunde, K.J.; Woolsey, N.F.

    1981-04-01

    Comparison of three preasphaltene samples separated from three lignite derived samples obtained from GFETC prepared at 404, 460 and 480/sup 0/C shows that increased temperature tends to produce higher molecular weight preasphaltene fractions containing more aromatic carbons with fewer acid (phenolic) sites per molecule. Ether cleavage studies of the model compounds; diphenyl ether, bibenzothiophene, dibenzofuran and anisole, show that partial or complete ether cleavage was obtained with sodium in hexamethyl phosphoramide solvent. Thus a careful consideration of acidity before and after cleavage can now give a measure of the diaryl ether content of a mixture. This reaction may be useful in coal liquid analysis. Denitrification of N,N-Dimethylamine without aromatic ring reduction occurs with CO-H/sub 2/O and H/sub 2/ at 425/sup 0/C in about 13% conversion. The optimum of 21 conditions gave a 19% conversion which occurs at 150 psi H/sub 2/S and 750 psi H/sub 2/. Thus, H/sub 2/S enhances nitrogen removal from this model compound. Using ESR dispersion techniques we have shown the presence of a second CO radical species on MgO, probably CO-.. observed by ESR, treatment of carbon monoxide radical species on both CO and MgO with CO/sub 2/ or H/sub 2/O causes a destruction of one of the radical species at a rate greater than that of the other.

  14. —Does Demand Fall When Customers Perceive That Prices Are Unfair? The Case of Premium Pricing for Large Sizes

    OpenAIRE

    Eric T. Anderson; Duncan I. Simester

    2008-01-01

    We analyze a large-scale field test conducted with a mail-order catalog firm to investigate how customers react to premium prices for larger sizes of women's apparel. We find that customers who demand large sizes react unfavorably to paying a higher price than customers for small sizes. Further investigation suggests that these consumers perceive that the price premium is unfair. Overall, premium pricing led to a 6% to 8% decrease in gross profits.

  15. Cyclone reburn using coal-water fuel: Pilot-scale development and testing. Final report

    Energy Technology Data Exchange (ETDEWEB)

    Eckhart, C.F.; DeVault, R.F.

    1991-10-01

    There is an ongoing effort to develop retrofit technologies capable of converting oil- and/or gas-fired boilers to coal combustion. The objective of this project is to demonstrate the technical feasibility of an improved portion of a previously developed retrofit system designed for the purpose of converting oil/gas boilers. This improvement would almost entirely eliminate the use of premium fuels, thereby significantly increasing the economical attractiveness of the system. Specifically, the goals in this program were to replace natural gas as a reburning fuel with coal-water fuel (CWF). The advantages of such a system include: (1) increased return on investment (ROI) for conversions; (2) nearly complete elimination of premium oil or gas fuel; (3) a more integrated approach to the conversion of oil- or gas-designed boilers to CWF.

  16. Cyclone reburn using coal-water fuel: Pilot-scale development and testing

    Energy Technology Data Exchange (ETDEWEB)

    Eckhart, C.F.; DeVault, R.F.

    1991-10-01

    There is an ongoing effort to develop retrofit technologies capable of converting oil- and/or gas-fired boilers to coal combustion. The objective of this project is to demonstrate the technical feasibility of an improved portion of a previously developed retrofit system designed for the purpose of converting oil/gas boilers. This improvement would almost entirely eliminate the use of premium fuels, thereby significantly increasing the economical attractiveness of the system. Specifically, the goals in this program were to replace natural gas as a reburning fuel with coal-water fuel (CWF). The advantages of such a system include: (1) increased return on investment (ROI) for conversions; (2) nearly complete elimination of premium oil or gas fuel; (3) a more integrated approach to the conversion of oil- or gas-designed boilers to CWF.

  17. 42 CFR 408.21 - Reduction in Medicare Part B premium as an additional benefit under Medicare+Choice plans.

    Science.gov (United States)

    2010-10-01

    .... After determining the Medicare Part B premium reduction amount for each eligible beneficiary, CMS will— (1) Transmit this information to the Social Security Administration, Railroad Retirement Board,...

  18. In Second Year Of Marketplaces, New Entrants, ACA 'Co-Ops,' And Medicaid Plans Restrain Average Premium Growth Rates.

    Science.gov (United States)

    Gabel, Jon R; Whitmore, Heidi; Green, Matthew; Stromberg, Sam T; Weinstein, Daniel S; Oran, Rebecca

    2015-12-01

    Premiums for health insurance plans offered through the federally facilitated and state-based Marketplaces remained steady or increased only modestly from 2014 to 2015. We used data from the Marketplaces, state insurance departments, and insurer websites to examine patterns of premium pricing and the factors behind these patterns. Our data came from 2,964 unique plans offered in 2014 and 4,153 unique plans offered in 2015 in forty-nine states and the District of Columbia. Using descriptive and multivariate analysis, we found that the addition of a carrier in a rating area lowered average premiums for the two lowest-cost silver plans and the lowest-cost bronze plan by 2.2 percent. When all plans in a rating area were included, an additional carrier was associated with an average decline in premiums of 1.4 percent. Plans in the Consumer Operated and Oriented Plan Program and Medicaid managed care plans had lower premiums and average premium increases than national commercial and Blue Cross and Blue Shield plans. On average, premiums fell by an appreciably larger amount for catastrophic and bronze plans than for gold plans, and premiums for platinum plans increased. This trend of low premium increases overall is unlikely to continue, however, as insurers are faced with mounting medical claims.

  19. Modeling and simulation of tube-shell reactor for dimethyl-ether synthesis from coal-based synthesis gas

    Institute of Scientific and Technical Information of China (English)

    CHEN Da-sheng; ZHANG Hai-tao; YING Wei-yong; FANG Ding-ye

    2011-01-01

    Mathematical simulation was performed on tube-shell reactor for dimethyl ether (DME) synthesis from coal-based syngas. The model was established based on kinetics of dimethyl-ether synthesis from syngas over a bifunctional catalyst,which is mixed by methanol synthesis catalyst and dehydration catalyst as 1:1 mass ratio. Methanol synthesis from CO and CO2 and methanol dehydration were selected as three-independent reactions, CO, CO2, and DME as key components to establish the one-dimensional mathematical model of the reactor. The gas concentration and temperature profiles inside the reactor tubes were obtained. The operating conditions affecting DME synthesis were also discussed based on the model. The simulations indicate that higher pressure and lower temperature at the inlet and rich hydrogen in the reactant are favorable in direct DME synthesis in fixed-bed process, and the temperature of boiling water affect the reactor performance seriously.

  20. Adsorption characteristics of arsenic from micro-polluted water by an innovative coal-based mesoporous activated carbon.

    Science.gov (United States)

    Li, Wei-Guang; Gong, Xu-Jin; Wang, Ke; Zhang, Xin-Ran; Fan, Wen-Biao

    2014-08-01

    An innovative coal-based mesoporous activated carbon (NCPAC) was prepared by re-agglomeration, oxidation and two-step activation using coal-blending as precursor. Adsorption capacities of As(III) and As(V) ions (contents (15.26%). The adsorption capacities of NCPAC for As(III) and As(V) were found to be strongly dependent on pH and contact time. The optimal pH value was 6. The equilibrium time was 60min for adsorption of As(III) and As(V) by NCPAC. The Langmuir model fitted the experimental data well for both As(III) (R(2)=0.9980) and As(V) (R(2)=0.9988). Maximum adsorption capacities of As(III) and As(V) (C0=0.50mg/L) by NCPAC were 1.491 and 1.760mg/g, respectively.

  1. Changing the adsorption capacity of coal-based honeycomb monoliths for pollutant removal from liquid streams by controlling their porosity

    Energy Technology Data Exchange (ETDEWEB)

    Gatica, Jose M.; Harti, Sanae [Departamento C.M., I.M. y Quimica Inorganica, Universidad de Cadiz, Puerto Real 11510 (Spain); Vidal, Hilario, E-mail: hilario.vidal@uca.es [Departamento C.M., I.M. y Quimica Inorganica, Universidad de Cadiz, Puerto Real 11510 (Spain)

    2010-09-15

    Coal-based honeycomb monoliths extruded using methods developed for ceramic materials have been used to retain methylene blue and p-nitrophenol from aqueous solutions. The influence of the filters' thermal treatment on their textural properties and performance as adsorbents was examined. Characterization by N{sub 2} physisorption, mercury porosimetry and scanning electron microscopy along with adsorption tests under dynamic conditions suggest that, depending on the pollutant and its initial concentration, it can be more convenient to previously submit the monoliths to a simple carbonization or to an additional activation, with or without preoxidation, as a consequence of their different resulting pore structures. Infrared spectroscopy indicates that their different adsorption behaviour seems not to be related to differences in their surface chemical groups. In addition, axial crushing tests show that the monoliths have an acceptable mechanical resistance for the application investigated.

  2. Effects of Demographics and Attitudes on Willingness-to-Pay for Fuel Import Reductions through Ethanol Purchases

    Directory of Open Access Journals (Sweden)

    Dustin Toliver

    2012-07-01

    Full Text Available One potential means to ameliorate consumer concerns over energy security is to increase the domestic production of alternative fuels. However, in the United States, the public’s attitude toward ethanol, one of the most readily available alternative fuels, has been somewhat ambiguous. This study examines consumer attitudes related to energy security and how import levels influence preferences for ethanol blends using an online survey of fuel consumers across the United States. The results suggest that while consumers generally favor both environmental protection and energy security, they are less clear about how to pursue these goals, with no clear majority agreeing with additional drilling or potential effect of corn ethanol production on food prices. The results do suggest that consumers are willing to pay a premium for fuel blends that contain a lower percentage of imported fuel and that the amount of this premium is influenced by both consumer demographics and views on energy security and environmental issues.

  3. Facing coal : changing conceptions of South African coal-based pollution, with special reference to the Witbank coalfield, 1906-1978

    NARCIS (Netherlands)

    Singer, M.

    2011-01-01

    Facing coal provides an environmental history of changing ideas around South African coal-based pollution, focusing on Witbank, where the scars of mining are etched deep into the land. The essence of this book is its link between local and global repercussions of past and present reliance on fossil

  4. Application of a water cooling treatment and its effect on coal-based reduction of high-chromium vanadium and titanium iron ore

    Science.gov (United States)

    Yang, Song-tao; Zhou, Mi; Jiang, Tao; Guan, Shan-fei; Zhang, Wei-jun; Xue, Xiang-xin

    2016-12-01

    A water cooling treatment was applied in the coal-based reduction of high-chromium vanadium and titanium (V-Ti-Cr) iron ore from the Hongge region of Panzhihua, China. Its effects on the metallization ratio ( η), S removal ratio ( R S), and P removal ratio ( R P) were studied and analyzed on the basis of chemical composition determined via inductively coupled plasma optical emission spectroscopy. The metallic iron particle size and the element distribution of Fe, V, Cr, and Ti in a reduced briquette after water cooling treatment at 1350°C were determined and observed via scanning electron microscopy. The results show that the water cooling treatment improved the η, R S, and R P in the coal-based reduction of V-Ti-Cr iron ore compared to those obtained with a furnace cooling treatment. Meanwhile, the particle size of metallic iron obtained via the water cooling treatment was smaller than that of metallic iron obtained via the furnace cooling treatment; however, the particle size reached 70 μm at 1350°C, which is substantially larger than the minimum particle size required (20 μm) for magnetic separation. Therefore, the water cooling treatment described in this work is a good method for improving the quality of metallic iron in coal-based reduction and it could be applied in the coal-based reduction of V-Ti-Cr iron ore followed by magnetic separation.

  5. Application of a water cooling treatment and its effect on coal-based reduction of high-chromium vanadium and titanium iron ore

    Institute of Scientific and Technical Information of China (English)

    Song-tao Yang; Mi Zhou; Tao Jiang; Shan-fei Guan; Wei-jun Zhang; and Xiang-xin Xue

    2016-01-01

    A water cooling treatment was applied in the coal-based reduction of high-chromium vanadium and titanium (V–Ti–Cr) iron ore from the Hongge region of Panzhihua, China. Its effects on the metallization ratio (η), S removal ratio (RS), and P removal ratio (RP) were studied and analyzed on the basis of chemical composition determined via inductively coupled plasma optical emission spectroscopy. The metallic iron particle size and the element distribution of Fe, V, Cr, and Ti in a reduced briquette after water cooling treatment at 1350°C were determined and observed via scanning electron microscopy. The results show that the water cooling treatment improved theη,RS, and RP in the coal-based reduction of V–Ti–Cr iron ore compared to those obtained with a furnace cooling treatment. Meanwhile, the particle size of metallic iron obtained via the water cooling treatment was smaller than that of metallic iron obtained via the furnace cooling treatment; however, the particle size reached 70μm at 1350°C, which is substantially larger than the minimum particle size required (20μm) for mag-netic separation. Therefore, the water cooling treatment described in this work is a good method for improving the quality of metallic iron in coal-based reduction and it could be applied in the coal-based reduction of V–Ti–Cr iron ore followed by magnetic separation.

  6. Facing coal : changing conceptions of South African coal-based pollution, with special reference to the Witbank coalfield, 1906-1978

    NARCIS (Netherlands)

    Singer, M.

    2011-01-01

    Facing coal provides an environmental history of changing ideas around South African coal-based pollution, focusing on Witbank, where the scars of mining are etched deep into the land. The essence of this book is its link between local and global repercussions of past and present reliance on fossil

  7. How do health insurer market concentration and bargaining power with hospitals affect health insurance premiums?

    Science.gov (United States)

    Trish, Erin E; Herring, Bradley J

    2015-07-01

    The US health insurance industry is highly concentrated, and health insurance premiums are high and rising rapidly. Policymakers have focused on the possible link between the two, leading to ACA provisions to increase insurer competition. However, while market power may enable insurers to include higher profit margins in their premiums, it may also result in stronger bargaining leverage with hospitals to negotiate lower payment rates to partially offset these higher premiums. We empirically examine the relationship between employer-sponsored fully-insured health insurance premiums and the level of concentration in local insurer and hospital markets using the nationally-representative 2006-2011 KFF/HRET Employer Health Benefits Survey. We exploit a unique feature of employer-sponsored insurance, in which self-insured employers purchase only administrative services from managed care organizations, to disentangle these different effects on insurer concentration by constructing one concentration measure representing fully-insured plans' transactions with employers and the other concentration measure representing insurers' bargaining with hospitals. As expected, we find that premiums are indeed higher for plans sold in markets with higher levels of concentration relevant to insurer transactions with employers, lower for plans in markets with higher levels of insurer concentration relevant to insurer bargaining with hospitals, and higher for plans in markets with higher levels of hospital market concentration. Copyright © 2015 Elsevier B.V. All rights reserved.

  8. Determinants of Medicare plan choices: are beneficiaries more influenced by premiums or benefits?

    Science.gov (United States)

    Jacobs, Paul D; Buntin, Melinda B

    2015-07-01

    To evaluate the sensitivity of Medicare beneficiaries to premiums and benefits when selecting healthcare plans after the introduction of Part D. We matched respondents in the 2008 Medicare Current Beneficiary Survey to the Medicare Advantage (MA) plans available to them using the Bid Pricing Tool and previously unavailable data on beneficiaries' plan choices. We estimated a 2-stage nested logit model of Medicare plan choice decision making, including the decision to choose traditional fee-for-service (FFS) Medicare or an MA plan, and for those choosing MA, which specific plan they chose. Beneficiaries living in areas with higher average monthly rebates available from MA plans were more likely to choose MA rather than FFS. When choosing MA plans, beneficiaries are roughly 2 to 3 times more responsive to dollars spent to reduce cost sharing than reductions in their premium. We calculated an elasticity of plan choice with respect to the monthly MA premium of -0.20. Beneficiaries with lower incomes are more sensitive to plan premiums and cost sharing than higher-income beneficiaries. MA plans appear to have a limited incentive to aggressively price their products, and seem to compete primarily over reduced beneficiary cost sharing. Given the limitations of the current plan choice environment, policies designed to encourage the selection of lower-cost plans may require increasing premium differences between plans and providing the tools to enable beneficiaries to easily assess those differences.

  9. The Study of Insurance Premium Rate GIS Mapping Considering the Storm and Flood Hazard Risks

    Science.gov (United States)

    Lee, J. S.; Lee, I. S.

    2016-06-01

    Recently, the number of natural disaster occurrence is increasing because of abnormal changes of weather in Korea. In Korea the storm and flood insurance system is in effect to prevent these natural disasters. The national storm and flood insurance Premium rate is very low and the risk of adverse selection resides because of choosing by who lives in high risk area. To solve these problems, the storm and flood insurance rate map are required. In this study, the prototype of storm and flood insurance premium rate map of the Ulsan, Korea was made and the method of GIS analysis for the insurance premium rate calculating and the procedure of the Ulsan storm and flood insurance rate map were researched.

  10. THE STUDY OF INSURANCE PREMIUM RATE GIS MAPPING CONSIDERING THE STORM AND FLOOD HAZARD RISKS

    Directory of Open Access Journals (Sweden)

    J. S. Lee

    2016-06-01

    Full Text Available Recently, the number of natural disaster occurrence is increasing because of abnormal changes of weather in Korea. In Korea the storm and flood insurance system is in effect to prevent these natural disasters. The national storm and flood insurance Premium rate is very low and the risk of adverse selection resides because of choosing by who lives in high risk area. To solve these problems, the storm and flood insurance rate map are required. In this study, the prototype of storm and flood insurance premium rate map of the Ulsan, Korea was made and the method of GIS analysis for the insurance premium rate calculating and the procedure of the Ulsan storm and flood insurance rate map were researched.

  11. What should be the basis for compulsory and optional health insurance premiums? Opinions of Swiss doctors.

    Science.gov (United States)

    Jannot, Anne-Sophie; Perneger, Thomas V

    2014-02-04

    Little is known about doctors' opinions on how to finance health services. In Switzerland, mandatory basic health insurance currently uses regional flat fees that are unrelated to health and ability to pay, and optional complementary insurance uses risk-based premiums. Our objective was to assess Swiss physicians' opinions on what should determine health insurance premiums. We surveyed doctors in the canton of Geneva, Switzerland, about the desirable funding mechanism for mandatory health insurance and complementary health insurance. The proposed determinants of insurance premiums were current health and past medical history, lifestyle, healthcare costs in the previous year, genetic susceptibility to disease, regional average healthcare costs, household income, and wealth and demographic characteristics. Among the 1,516 respondents, only a few (health insurance premium should depend on health risk (health status, previous costs, genetics, and age and sex). More than 30% of respondents supported premiums based on lifestyle (34.6%), regional average health expenditures (31.2%), and household income and wealth (39.6%). For complementary health insurance, most respondents supported premiums based on lifestyle (74.6%) and on health risk (46.4%), but surprisingly also on household income and wealth (44.9%) and regional average health expenditures (39.4%). The characteristic most influencing the answers was the medical specialty. Doctors' opinions about healthcare financing mechanisms varied considerably, for both mandatory and complementary health insurance. Lifestyle was a surprisingly frequent choice, even though this criterion is not currently used in Switzerland. Ability to pay was not supported by the majority.

  12. The effects of premium changes on ALL Kids, Alabama's CHIP program.

    Science.gov (United States)

    Morrisey, Michael A; Blackburn, Justin; Sen, Bisakha; Becker, David; Kilgore, Meredith L; Caldwell, Cathy; Menachemi, Nir

    2012-01-01

    Describe the trends in enrollment and renewal in the Alabama Children's Health Insurance Plan (CHIP), ALL Kids, since its creation in 1998, and to estimate the effect that an annual premium increase, along with coincident increases in service copays, had on the decision to renew participation. Unlike many other CHIP programs, ALL Kids is a standalone program that provides year long enrollment and contracts with the state's Blue Cross and Blue Shield program for its network of providers and its provider fee structure. In October 2003 premiums for individual coverage were increased by $50 per year and copays by $1 to $3 per visit. This study is based upon a sample of 569,650 person-year observations of 230,255 children enrolled in the ALL Kids program between 1999 and 2009. The study models enrollment as a time series of cross section renewal decisions and specifies a series of linear probability regression models to estimate the effect of changes in the premium shift on the decision to renew. A second analysis includes interaction effects of the premiums shift with demographics, health status, income and previous enrollment to estimate differential response across subgroups. The increases in premiums and copays are estimated to have reduced program renewals by 6.1 to 8.3 percent depending upon how much time one allows for families to renew. Families with a child who has a chronic condition were more likely to renew coverage. However, those with chronic conditions, African-Americans and those with lower family incomes were more price-sensitive. An increase in annual premiums and visit copays had a modest impact on program reenrollment with effects comparable to those found in Florida, New Hampshire, Kansas and Arizona, but smaller than those in Kentucky and Georgia.

  13. 26 CFR 1.401(e)-4 - Contributions for premiums on annuity, etc., contracts and transitional rule for certain excess...

    Science.gov (United States)

    2010-04-01

    ... made under a qualified pension, annuity, or profit-sharing plan on behalf of a self-employed individual... 26 Internal Revenue 5 2010-04-01 2010-04-01 false Contributions for premiums on annuity, etc... TAXES Pension, Profit-Sharing, Stock Bonus Plans, Etc. § 1.401(e)-4 Contributions for premiums...

  14. Determinants of premiums in aerospace mergers and acquisitions: A preliminary analysis

    Science.gov (United States)

    Bryant, John K.

    There is a large body of literature on different aspects of premiums as they relate to mergers and acquisitions. However, there is very little literature that specifically discusses the determinants of premiums in aerospace. Few industries have experienced the prolonged consolidation that the aerospace industry has seen. Today, the industry is dominated by a few large firms, but there is still merger activity continuing especially with second-tier firms attempting to secure their future through growth. This paper examines several determinants as applied to 18 aerospace mergers of publicly held companies and divisions from 1991 through April of 2002.

  15. Impact of Trade Liberalization on Wage Skill Premium in Philippine Manufacturing

    OpenAIRE

    Rafaelita M. Aldaba

    2013-01-01

    The paper aims to examine how trade liberalization affects wage premium at the firm level. Using effective protection rate as trade proxy, the paper assumes that in the face of increasing competition, an import-substituting firm may decide to remain at the low value-added stage of the production process which requires relatively less skilled workers and suggests a decline in the wage premium. On the other hand, a firm may move away from the product whose protection rate has fallen and shift a...

  16. Exact and asymptotic results for insurance risk models with surplus-dependent premiums

    CERN Document Server

    Albrecher, Hansjörg; Palmowski, Zbigniew; Regensburger, Georg; Rosenkranz, Markus

    2011-01-01

    In this paper we develop a symbolic technique to obtain asymptotic expressions for ruin probabilities and discounted penalty functions in renewal insurance risk models when the premium income depends on the present surplus of the insurance portfolio. The analysis is based on boundary problems for linear ordinary differential equations with variable coefficients. The algebraic structure of the Green's operators allows us to develop an intuitive way of tackling the asymptotic behavior of the solutions, leading to exponential-type expansions and Cram\\'er-type asymptotics. Furthermore, we obtain closed-form solutions for more specific cases of premium functions in the compound Poisson risk model.

  17. Value Premium and Country Risk as Dimensions to Estimate Conditional Returns: a Study of the Brazilian Market

    Directory of Open Access Journals (Sweden)

    Lilian de Castro Medeiros

    2015-01-01

    Full Text Available Asset pricing is a widely explored theme in the financial literature. Nevertheless, the phenomenon of value premium is still controversial, since although easily detected in developed and emerging markets, little is know about the economic forces that explain its existence. In this context, this article examines value premium in the Brazilian market and investigates the influence of the country risk variable as an additional risk factor for estimating conditional returns in this market not captured by value premium. For that, we employ a five-factor model, formulated by adding the country risk factor to the model of Carhart (1997. We apply the statistical procedure adopted by Fama & French (1993 to the period between 1994 and 2012, with data on nonfinancial companies listed on the BM&FBovespa. The results confirm the existence of value premium in the Brazilian market, and country risk and value premium together are significant factors to explain conditional returns.

  18. Advanced thermally stable jet fuels: Technical progress report, October 1994--December 1994

    Energy Technology Data Exchange (ETDEWEB)

    Schobert, H.H.; Eser, S.; Song, C.; Hatcher, P.G.; Boehman, A.; Coleman, M.M.

    1995-02-01

    There are five tasks within this project on thermally stable coal-based jet fuels. Progress on each of the tasks is described. Task 1, Investigation of the quantitative degradation chemistry of fuels, has 5 subtasks which are described: Literature review on thermal stability of jet fuels; Pyrolytic and catalytic reactions of potential endothermic fuels: cis- and trans-decalin; Use of site specific {sup 13}C-labeling to examine the thermal stressing of 1-phenylhexane: A case study for the determination of reaction kinetics in complex fuel mixtures versus model compound studies; Estimation of critical temperatures of jet fuels; and Surface effects on deposit formation in a flow reactor system. Under Task 2, Investigation of incipient deposition, the subtask reported is Uncertainty analysis on growth and deposition of particles during heating of coal-derived aviation gas turbine fuels; under Task 3, Characterization of solid gums, sediments, and carbonaceous deposits, is subtask, Studies of surface chemistry of PX-21 activated carbon during thermal degradation of jet A-1 fuel and n-dodecane; under Task 4, Coal-based fuel stabilization studies, is subtask, Exploratory screening and development potential of jet fuel thermal stabilizers over 400 C; and under Task 5, Exploratory studies on the direct conversion of coal to high quality jet fuels, are 4 subtasks: Novel approaches to low-severity coal liquefaction and coal/resid co-processing using water and dispersed catalysts; Shape-selective naphthalene hydrogenation for production of thermally stable jet fuels; Design of a batch mode and a continuous mode three-phase reactor system for the liquefaction of coal and upgrading of coal liquids; and Exploratory studies on coal liquids upgrading using mesopores molecular sieve catalysts. 136 refs., 69 figs., 24 tabs.

  19. 38 CFR 8.15 - Provision for paid-up insurance; other than 5-year level premium term or limited convertible 5...

    Science.gov (United States)

    2010-07-01

    ... Service Life Insurance policy on any plan other than 5-year level premium term or limited convertible 5... insurance; other than 5-year level premium term or limited convertible 5-year level premium term policies. 8... SERVICE LIFE INSURANCE Extended Term and Paid-up Insurance § 8.15 Provision for paid-up insurance;...

  20. 26 CFR 1.822-10 - Amortization of premium and accrual of discount.

    Science.gov (United States)

    2010-04-01

    ... companies by section 818(b)(1), as amended by the Life Insurance Company Income Tax Act of 1959 (73 Stat... (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES Mutual Insurance Companies (other Than Life and Certain... premium required in the computation of taxable investment income by a company subject to the tax imposed...

  1. 29 CFR 778.206 - Premiums for work outside basic workday or workweek-examples.

    Science.gov (United States)

    2010-07-01

    ..., DEPARTMENT OF LABOR STATEMENTS OF GENERAL POLICY OR INTERPRETATION NOT DIRECTLY RELATED TO REGULATIONS OVERTIME COMPENSATION Payments That May Be Excluded From the âRegular Rateâ Extra Compensation Paid for... regular workday or workweek. The extra compensation provided by such premium rates will be excluded...

  2. 75 FR 21329 - Medicaid Program; State Allotments for Payment of Medicare Part B Premiums for Qualifying...

    Science.gov (United States)

    2010-04-23

    ...), specified low-income Medicare ] beneficiaries (SLMBs), and qualified disabled and working individuals (QDWIs... Medicaid whose family income is at least 120 percent but less than 135 percent of the poverty level. With..., among the States, Federal funds to provide Medicaid payment for Medicare Part B premiums for low-...

  3. 77 FR 15319 - Treasury Inflation-Protected Securities Issued at a Premium; Hearing Cancellation

    Science.gov (United States)

    2012-03-15

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Part 1 RIN 1545-BK45 Treasury Inflation-Protected Securities Issued at a Premium; Hearing Cancellation AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Cancellation...

  4. 76 FR 75829 - Treasury Inflation-Protected Securities Issued at a Premium

    Science.gov (United States)

    2011-12-05

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Part 1 RIN 1545-BK45 Treasury Inflation-Protected Securities Issued at a Premium AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice of proposed rulemaking by...

  5. 76 FR 75781 - Treasury Inflation-Protected Securities Issued at a Premium

    Science.gov (United States)

    2011-12-05

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Part 1 RIN 1545-BK46 Treasury Inflation-Protected Securities Issued at a Premium AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Temporary regulations. SUMMARY:...

  6. Children's health insurance program premiums adversely affect enrollment, especially among lower-income children.

    Science.gov (United States)

    Abdus, Salam; Hudson, Julie; Hill, Steven C; Selden, Thomas M

    2014-08-01

    Both Medicaid and the Children's Health Insurance Program (CHIP), which are run by the states and funded by federal and state dollars, offer health insurance coverage for low-income children. Thirty-three states charged premiums for children at some income ranges in CHIP or Medicaid in 2013. Using data from the 1999-2010 Medical Expenditure Panel Surveys, we show that the relationship between premiums and coverage varies considerably by income level and by parental access to employer-sponsored insurance. Among children with family incomes above 150 percent of the federal poverty level, a $10 increase in monthly premiums is associated with a 1.6-percentage-point reduction in Medicaid or CHIP coverage. In this income range, the increase in uninsurance may be higher among those children whose parents lack an offer of employer-sponsored insurance than among those whose parents have such an offer. Among children with family incomes of 101-150 percent of poverty, a $10 increase in monthly premiums is associated with a 6.7-percentage-point reduction in Medicaid or CHIP coverage and a 3.3-percentage-point increase in uninsurance. In this income range, the increase in uninsurance is even larger among children whose parents lack offers of employer coverage. Project HOPE—The People-to-People Health Foundation, Inc.

  7. 76 FR 38389 - Policy Statement Concerning Adjustments to the Insurance Premiums and Policy Statement on the...

    Science.gov (United States)

    2011-06-30

    ... Act and clarify the effect of the premium provisions of the Act as amended by the FCE Act. See 74 FR... Credit System demonstrates good health and sound risk management and other conditions warrant, and raise... quality of capital, earnings, asset growth, asset quality, loss allowance levels, asset...

  8. Perception and description of premium beers by panels with different degrees of product expertise

    DEFF Research Database (Denmark)

    Giacalone, Davide; Ribeiro, Leticia Machado; Frøst, Michael Bom

    2016-01-01

    The present study compares subjects with varying degrees of product expertise with regards to their ability to provide a sensory profile of beverages. Eight premium beers were evaluated by three different panels using a Napping® test, followed by a descriptive task. Two panels were constituted of...

  9. 78 FR 59366 - Multifamily, Healthcare Facilities, and Hospital Mortgage Insurance Premiums for Fiscal Year (FY...

    Science.gov (United States)

    2013-09-26

    ... insurance premiums (MIPs) for Federal Housing Administration (FHA) Multifamily, Healthcare Facilities, and... MIPs are the same as in FY 2013. In addition, the Notice clarifies that conventional or FHA-insured... affordability criteria as defined in this Notice, are eligible for the LIHTC MIPs as are projects with new...

  10. Rating a Wildfire Mitigation Strategy with an Insurance Premium: A Boreal Forest Case Study

    Directory of Open Access Journals (Sweden)

    Georgina Rodriguez-Baca

    2016-05-01

    Full Text Available Risk analysis entails the systematic use of historical information to determine the frequency, magnitude and effects of unexpected events. Wildfire in boreal North America is a key driver of forest dynamics and may cause very significant economic losses. An actuarial approach to risk analysis based on cumulative probability distributions was developed to reduce the adverse effects of wildfire. To this effect, we developed spatially explicit landscape models to simulate the interactions between harvest, fire and forest succession over time in a boreal forest of eastern Canada. We estimated the amount of reduction of timber harvest necessary to build a buffer stock of sufficient size to cover fire losses and compared it to an insurance premium estimated in units of timber volume from the probability of occurrence and the amount of damage. Overall, the timber harvest reduction we applied was much more costly than the insurance premium even with a zero interest rate. This is due to the fact that the insurance premium is directly related to risk while the timber harvest reduction is not and, as a consequence, is much less efficient. These results, especially the comparison with a standard indicator such as an insurance premium, have useful implications at the time of choosing a mitigation strategy to protect timber supplies against risk without overly diminishing the provision of services from the forest. They are also promoting the use of insurance against disastrous events in forest management planning.

  11. Pricing Rate of Return Guarantees in Regular Premium Unit Linked Insurance

    NARCIS (Netherlands)

    Schrager, D.F.; Pelsser, A.

    2004-01-01

    We derive general pricing formulas for Rate of Return Guarantees in Regular Premium Unit Linked Insurance under stochastic interest rates. Our main contribution focusses on the effect of stochastic interest rates. First, we show the effect of stochastic interest rates can be interpreted as, what is

  12. 5 CFR 9901.363 - Premium pay for health care personnel.

    Science.gov (United States)

    2010-01-01

    ... status. (6) An employee may not be charged leave during periods of regularly scheduled on-call duty; nor may such an employee receive on-call premium pay when, because of leave or other authorized absence... LABOR RELATIONS SYSTEMS (DEPARTMENT OF DEFENSE-OFFICE OF PERSONNEL MANAGEMENT) DEPARTMENT OF...

  13. 75 FR 5808 - Publication of Model Notice for Employers to Use Regarding Eligibility for Premium Assistance...

    Science.gov (United States)

    2010-02-04

    ... Insurance Program (CHIP). The Department of Labor (Department) is required to provide the model notice to... Benefits Security Administration Publication of Model Notice for Employers to Use Regarding Eligibility for Premium Assistance Under Medicaid or the Children's Health Insurance Program, Notice AGENCY:...

  14. 75 FR 16645 - Increase in the Primary Nuclear Liability Insurance Premium

    Science.gov (United States)

    2010-04-02

    ... COMMISSION 10 CFR Part 140 RIN 3150-AI74 Increase in the Primary Nuclear Liability Insurance Premium AGENCY... amending its regulations that govern financial protection requirements and indemnity agreements to increase... increase to $375 million, based on an adjustment by American Nuclear Insurers (ANI), which currently writes...

  15. 29 CFR Appendix to Part 4007 - Policy Guidelines On Premium Penalties

    Science.gov (United States)

    2010-07-01

    ... circumstances. (c) Action or inaction of outside parties. In some cases an accountant, actuary, lawyer, pension...) Action or inaction of outside parties. If an accountant, actuary, lawyer, pension consultant, or other... underpaid the plan's variable-rate premium because the plan actuary used the wrong interest rate. A...

  16. Education Premiums and Skilled Migration in Mexico: Lessons for an Educational Policy

    Science.gov (United States)

    Tigau, Camelia; Guerra, Bernardo Bolaños

    2015-01-01

    This paper examines the relationship between skills prices (wage premiums) and inequality in migrant sending countries (mainly from Latin America) and explores the implications for education policies. Most of the evidence is based on the case of Mexico, a Latin American country that is also an Organisation for Economic Co-operation and Development…

  17. How Pensions Contribute to the Premium Paid to Experienced Public School Teachers

    Science.gov (United States)

    McGee, Joshua B.; Winters, Marcus A.

    2017-01-01

    Many argue that public school systems should stop linking teachers' salaries so closely to their years of experience. However, the effect of deferred retirement compensation on the premium paid to experienced teachers has, to date, been underappreciated. To shed more light on this issue, we calculate the total compensation earned by teachers in…

  18. 18 CFR 367.4290 - Account 429, Amortization of premium on debt-Credit.

    Science.gov (United States)

    2010-04-01

    ..., Amortization of premium on debt-Credit. 367.4290 Section 367.4290 Conservation of Power and Water Resources... COMPANY ACT OF 2005, FEDERAL POWER ACT AND NATURAL GAS ACT UNIFORM SYSTEM OF ACCOUNTS FOR CENTRALIZED SERVICE COMPANIES SUBJECT TO THE PROVISIONS OF THE PUBLIC UTILITY HOLDING COMPANY ACT OF 2005,...

  19. 26 CFR 1.822-3 - Amortization of premium and accrual of discount.

    Science.gov (United States)

    2010-04-01

    ... held by a mutual insurance company subject to the tax imposed by section 821. Such amortization and... 26 Internal Revenue 8 2010-04-01 2010-04-01 false Amortization of premium and accrual of discount... (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES Mutual Insurance Companies (other Than Life and...

  20. 17 CFR 256.225 - Unamortized premium on long-term debt.

    Science.gov (United States)

    2010-04-01

    ... COMMISSION (CONTINUED) UNIFORM SYSTEM OF ACCOUNTS FOR MUTUAL SERVICE COMPANIES AND SUBSIDIARY SERVICE COMPANIES, PUBLIC UTILITY HOLDING COMPANY ACT OF 1935 6. Long-Term Debt § 256.225 Unamortized premium on... distribute the amount equitably over the life of the security. The amortization shall be on a monthly...

  1. The value premium within and across GICS industry sectors in a pre-financial collapse sample

    Directory of Open Access Journals (Sweden)

    Kenneth E. Scislaw

    2015-12-01

    Full Text Available A portfolio manager employing a top-down/bottom-up method who seeks to capture the value premium long promised in academic literature would want to first determine whether the premium exists across industries and not just observed in firm-specific book-to-market (BE/ME relationships. Next, the investor would want to know if BE/ME characteristics are stable across these defined homogeneous groups or whether there is considerable variation. Results show that certain industries appear to have a natural or structural tendency to reflect either a high or low BE/ME characteristic. Results also shows that growth-oriented industry BE/ME characteristics appear to be more stable than value-oriented industries over time. Moreover, stocks from growth-oriented industries tend to cluster at high rates in the lowest BE/ME quintile, while stocks from value-oriented industries appear more evenly distributed across middle BE/ME quintiles over time. Value stocks found in growth sectors outperform value stocks in value sectors, contrary to prior published results. The January premium exists both within and across Global Industry Classification Standard industry sectors, but the value premium is not subsumed by the January effect in either analysis.

  2. Factors influencing buyers' willingness to offer price premiums for carbon credits sourced from urban forests

    Science.gov (United States)

    N.C. Poudyal; J.M. Bowker; J.P. Siry

    2015-01-01

    Marketing carbon offset credits generated by urban forest projects could help cities and local governments achieve their financial self-sufficiency and environmental sustainability goals. Understanding the value of carbon credits sourced from urban forests, and the factors that determine buyers’ willingness to pay a premium for such credits could benefit cities in...

  3. 24 CFR 220.806 - Pro rata refund of insurance premium.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Pro rata refund of insurance... AREAS Contract Rights and Obligations-Projects Insured Project Improvement Loans § 220.806 Pro rata... equal to the pro rata portion of the current annual loan insurance premium theretofore paid which...

  4. Spending the Primary Physical Education and Sport Premium: A West Midlands Case Study

    Science.gov (United States)

    Griggs, Gerald

    2016-01-01

    In March 2013 the government announced that it was to provide funding to improve provision of Physical Education and sport in primary schools in England. Entitled The Primary Physical Education and Sport Premium, this ring-fenced annual funding has been allocated to schools that are free to choose how the money is spent but are accountable for its…

  5. 76 FR 79177 - Policy Statement Concerning Adjustments to the Insurance Premiums and Policy Statement on the...

    Science.gov (United States)

    2011-12-21

    ... impact of governmental farm policy and the effect of the globalization of agriculture on opportunities... regulations that were inconsistent with the FCE Act and clarify the effect of the premium provisions of the Act as amended by the FCE Act. See 74 FR 28156 (June 15, 2009); 74 FR 17371 (April 15, 2009).\\1\\...

  6. 78 FR 64943 - Medicare Program; Medicare Part B Monthly Actuarial Rates, Premium Rate, and Annual Deductible...

    Science.gov (United States)

    2013-10-30

    ... percent reserve ratio has been the normal target used to calculate the Part B premium. In view of the... physician update, a contingency reserve ratio in excess of 20 percent of the following year's expenditures... deductible by the ratio of the 2014 aged actuarial rate to the 2013 aged actuarial rate. The...

  7. Estimating consumer willingness to pay a price premium for Alaska secondary wood products.

    Science.gov (United States)

    Geoffrey H. Donovan; David L. Nicholls

    2003-01-01

    Dichotomous choice contingent valuation survey techniques were used to estimate mean willingness to pay (WTP) a price premium for made-in-Alaska secondary wood products. Respondents were asked to compare two superficially identical end tables, one made in China and one made in Alaska. The surveys were administered at home shows in Anchorage, Fairbanks, and Sitka in...

  8. On Mean-Variance Hedging of Bond Options with Stochastic Risk Premium Factor

    NARCIS (Netherlands)

    Aihara, ShinIchi; Bagchi, Arunabha; Kumar, Suresh K.

    2014-01-01

    We consider the mean-variance hedging problem for pricing bond options using the yield curve as the observation. The model considered contains infinite-dimensional noise sources with the stochastically- varying risk premium. Hence our model is incomplete. We consider mean-variance hedging under the

  9. Pricing Rate of Return Guarantees in Regular Premium Unit Linked Insurance

    NARCIS (Netherlands)

    Schrager, D.F.; Pelsser, A.

    2004-01-01

    We derive general pricing formulas for Rate of Return Guarantees in Regular Premium Unit Linked Insurance under stochastic interest rates. Our main contribution focusses on the effect of stochastic interest rates. First, we show the effect of stochastic interest rates can be interpreted as, what is

  10. Role of Ni(NO3)2 in the preparation of a magnetic coal-based activated carbon

    Institute of Scientific and Technical Information of China (English)

    Zhang Jun; Xie Qiang; Liu Juan; Yang Mingshun; Yao Xing

    2011-01-01

    The role of Ni(NO3)2 in the preparation of a magnetic activated carbon is reported in this paper.Magnetic coal-based activated carbons (MCAC) were prepared from Taixi anthracite with low ash content in the presence of Ni(NO3)2.The MCAC materials were characterized by a vibrating sample magnetometer (VSM),X-ray diffraction (XRD),a scanning electric microscope (SEM),and by N2 adsorption.The cylindrical precursors and derived char were also subjected to thermogravimetric analysis to compare their behavior of weight losses during carbonization.The results show that MCAC has a larger surface area (1074 m2/g) and a higher pore volume (0.5792 cm3/g) with enhanced mesopore ratio (by about 10%).It also has a high saturation magnetization (1.6749 emu/g) and low coercivity (43.26 Oe),which allows the material to be magnetically separated.The MCAC is easily magnetized because the nickel salt is converted into Ni during carbonization and activation.Metallic Ni has a strong magnetism on account of electrostatic interaction.Added Ni(NO3)2 catalyzes the carbonization and activation process by accelerating burn off of the carbon,which contributes to the development of mesopores and macropores in the activated carbon.

  11. Distribution behavior of phosphorus in the coal-based reduction of high-phosphorus-content oolitic iron ore

    Institute of Scientific and Technical Information of China (English)

    Yong-sheng Sun; Yue-xin Han; Peng Gao; Duo-zhen Ren

    2014-01-01

    This study focuses on the reduction of phosphorus from high-phosphorus-content oolitic iron ore via coal-based reduction. The distribution behavior of phosphorus (i.e., the phosphorus content and the phosphorus distribution ratio in the metal, slag, and gas phases) during reduction was investigated in detail. Experimental results showed that the distribution behavior of phosphorus was strongly influenced by the reduction temperature, the reduction time, and the C/O molar ratio. A higher temperature and a longer reaction time were more favor-able for phosphorus reduction and enrichment in the metal phase. An increase in the C/O ratio improved phosphorus reduction but also hin-dered the mass transfer of the reduced phosphorus when the C/O ratio exceeded 2.0. According to scanning electron microscopy analysis, the iron ore was transformed from an integral structure to metal and slag fractions during the reduction process. Apatite in the ore was reduced to P, and the reduced P was mainly enriched in the metal phase. These results suggest that the proposed method may enable utilization of high-phosphorus-content oolitic iron ore resources.

  12. The effect of virtual bidding on forward premiums in the New York wholesale energy market

    Science.gov (United States)

    Knudsen, Andrew D.

    In many parts of the United States, the power industry has been deregulated and replaced with regional wholesale energy markets, where utilities purchase electricity from generators at competitive market rates for subsequent distribution to customers. Numerous studies have shown that in each of these markets, the price of energy purchased in the Day Ahead (futures) market exceeds the price in the Real Time (spot) market on average. The existence of this "forward premium" is evidence of market inefficiency and may indicate participants' aversion to risk in the Real Time market or the exercise of market power by generators. To address this inefficiency, the New York Independent System Operator introduced a virtual bidding system within its wholesale market, which permitted participants to engage in purely financial transactions and hedge their exposure to risk. The new policy was expected to promote price convergence by allowing bidders to arbitrage expected differences between Day Ahead and Real Time prices. This study examines whether the presence of virtual bidding was associated with a change in the mean value and magnitude of forward premiums in the NYISO energy market. The study applies a GARCH model to hourly pricing data from 2001 to 2009, controlling for temperature and economic activity. The results indicate that prior to 2005, virtual bidding was associated with significantly lower and less volatile forward premiums in New York's five most congested zones but with increased premiums in the remaining less congested zones. However, when the entire period from 2001 to 2009 is examined, the results suggest that prices have become significantly more divergent in the presence of virtual bidding. Closer examination of the data reveals a dramatic increase in forward premium volatility across all zones beginning in 2005 that is not accounted for by temperature or economic activity and may have biased the results. This study attempts to account for this unexplained

  13. Effect of Frozen Storage Temperature on the Quality of Premium Ice Cream.

    Science.gov (United States)

    Park, Sung Hee; Jo, Yeon-Ji; Chun, Ji-Yeon; Hong, Geun-Pyo; Davaatseren, Munkhtugs; Choi, Mi-Jung

    2015-01-01

    The market sales of premium ice cream have paralleled the growth in consumer desire for rich flavor and taste. Storage temperature is a major consideration in preserving the quality attributes of premium ice cream products for both the manufacturer and retailers during prolonged storage. We investigated the effect of storage temperature (-18℃, -30℃, -50℃, and -70℃) and storage times, up to 52 wk, on the quality attributes of premium ice cream. Quality attributes tested included ice crystal size, air cell size, melting resistance, and color. Ice crystal size increased from 40.3 μm to 100.1 μm after 52 wk of storage at -18℃. When ice cream samples were stored at -50℃ or -70℃, ice crystal size slightly increased from 40.3 μm to 57-58 μm. Initial air cell size increased from 37.1 μm to 87.7 μm after storage at -18℃ for 52 wk. However, for storage temperatures of -50℃ and -70℃, air cell size increased only slightly from 37.1 μm to 46-47 μm. Low storage temperature (-50℃ and -70℃) resulted in better melt resistance and minimized color changes in comparison to high temperature storage (-18℃ and -30℃). In our study, quality changes in premium ice cream were gradually minimized according to decrease in storage temperature up to-50℃. No significant beneficial effect of -70℃ storage was found in quality attributes. In the scope of our experiment, we recommend a storage temperature of -50℃ to preserve the quality attributes of premium ice cream.

  14. Early retirement and the influence on healthcare budgets and insurance premiums in a diabetes population

    Directory of Open Access Journals (Sweden)

    Stefan Walzer

    2007-07-01

    Full Text Available Stefan WalzerAnalytica International, Untere Herrenstrasse 25, 79539 Loerrach, GermanyObjectives: To contribute to current discussions about budget impact modeling, two different approaches for the impact of a new pharmaceutical product were analyzed: firstly considering the impact on annual healthcare expenditures only, and secondly additional inclusion of lost insurance premiums due to possible early retirement in patients with chronic diseases.Methods: The dynamic model calculates the budget impact from two different perspectives: (a the impact on healthcare expenditures and (b on expenditures as well as on health insurance revenues due to premiums. The latter approach could especially be useful for patients with chronic diseases who have higher probabilities of early retirement. Early retirement rates and indirect costs were derived from published data. Healthcare premiums were calculated based on an average premium and a mean income. Epidemiological input data were obtained from the literature. Time horizon was 10 years.Results: Results in terms of reimbursement decisions of the budget impact analysis varied depending on the assumptions made for the insurance premiums, costs, and early retirement rate. Sensitivity analyses revealed that in extreme cases the decision for accepting a new pharmaceutical product would probably be negative using approach (a, but positive using approach (b. Conclusions: Depending on the disease and population of interest in a budget impact analysis, not only the healthcare expenditures for a health insurance have to be considered but also the revenue side for an insurance due to retirement should be included.Keywords: decision analysis, budget impact, pharmacoeconomics, health economics, health insurance

  15. Fuel cell added value for early market applications

    Science.gov (United States)

    Hardman, Scott; Chandan, Amrit; Steinberger-Wilckens, Robert

    2015-08-01

    Fuel Cells are often considered in the market place as just power providers. Whilst fuel cells do provide power, there are additional beneficial characteristics that should be highlighted to consumers. Due to the high price premiums associated with fuel cells, added value features need to be exploited in order to make them more appealing and increase unit sales and market penetration. This paper looks at the approach taken by two companies to sell high value fuel cells to niche markets. The first, SFC Energy, has a proven track record selling fuel cell power providers. The second, Bloom Energy, is making significant progress in the US by having sold its Energy Server to more than 40 corporations including Wal-Mart, Staples, Google, eBay and Apple. Further to these current markets, two prospective added value applications for fuel cells are discussed. These are fuel cells for aircraft APUs and fuel cells for fire prevention. These two existing markets and two future markets highlight that fuel cells are not just power providers. Rather, they can be used as solutions to many needs, thus being more cost effective by replacing a number of incumbent systems at the same time.

  16. What are the consequences for Danish Fashion Premium Brand Companies to incorporate Ethical Fashion in their company structure?

    OpenAIRE

    Bartoli, Nicla; Nielsen, Amalie

    2014-01-01

    This paper is meant to investigate the topic of Ethical Fashion implemented in Danish Fashion Premium Brands Companies. In order to have an almost complete scientific paper, the group decided to formulate the folowing problem formulation “What are the consequences for Danish Premium Brand Companies to incorporate Ethical Fashion in their company structure?” With three main research question: The first one is focusing on how Ethical Fashion is defined in the Danish fashion industry, in order t...

  17. A puzzle of excessive equity risk premium and the case of Poland

    Directory of Open Access Journals (Sweden)

    Paweł Kliber

    2016-07-01

    Full Text Available The article presents a historical review of the literature related to the empirical problem of excessive risk premium. The risk premium (the diff erence between the return on equiti es and risk-free rate observed in fi nancial markets cannot be reconciled with theoreti cal models of fi nancial markets – it is too high (“excessive”. We present the original model from the seminal work of Mehra and Prescott (1985, where this problem has been signaled. The article gives an overview of the main trends in the literature concerning this problem, of the proposed soluti ons and of the extension to the model. Finally, we consider the problem in the Polish context, estimating the original Mehra-Prescott model using data from the Polish financial market.

  18. Emerging Issues in Real Estate Appraisal: Market Premium for Building Sustainability

    Directory of Open Access Journals (Sweden)

    Domenico Enrico Massimo

    2013-08-01

    Full Text Available In international and metropolitan real estate markets, it has been detected, for the first time, the growing relevance of green buildings with respect to non-green building. Also, it has been singled out and then quantified through regression analysis a green premium, i.e. a differential in terms of price toward sold real estate units having ecological characteristics along with an energy value (more efficient behavior. The incipient international studies recommend to extend the analysis to unexplored middle-size non-metropolitan (marginal real estate markets. One of this areas has been studied detecting the first sale of an apartment with energy certification belonging to class B in a building with ecological characteristics. The assessment analysis performed through Market Comparison Approach, MCA, made it possible to detect and then appraise the green premium that is in line with the outcomes of the first and pioneer international studies performed in metropolitan areas.

  19. Price volatility, hedging and variable risk premium in the crude oil market

    Energy Technology Data Exchange (ETDEWEB)

    Ahmad Jalali-Naini [Institute for Education and Research in Management and Planning, Tehran (Iran); Maryam Kazemi Manesh [University of Mannheim (Germany)

    2006-06-15

    The crude oil price exhibits a high degree of volatility which varies significantly over time. Such characteristics imply that the oil market is a promising area for testing volatility models. Testing and predicting volatility using ARCH and GARCH models have grown in the literature. A useful application of the volatility models is in the formulation of hedging strategies. In this paper we compare the optimal hedge ratio for the crude oil using the classical minimum risk approach and use ARCH to incorporate the effect of heteroskedasticity in the residuals on the hedge ratio. In addition, we test for the existence of a variable risk premium in the crude oil market. We find that, assuming rational expectations, there is a non-zero risk premium. We test for the variability of the risk premia and find evidence in its support when we employed a multivariate GARCH model. (author)

  20. Rules regarding the health insurance premium tax credit. Final and temporary regulations.

    Science.gov (United States)

    2014-07-28

    This document contains final and temporary regulations relating to the health insurance premium tax credit enacted by the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010, as amended by the Medicare and Medicaid Extenders Act of 2010, the Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act of 2011, and the Department of Defense and Full-Year Continuing Appropriations Act of 2011 and the 3% Withholding Repeal and Job Creation Act. These regulations affect individuals who enroll in qualified health plans through Affordable Insurance Exchanges (Exchanges) and claim the premium tax credit, and Exchanges that make qualified health plans available to individuals. The text of the temporary regulations in this document also serves as the text of proposed regulations set forth in a notice of proposed rulemaking (REG-104579-13) on this subject in the Proposed Rules section in this issue of the Federal Register.

  1. New applications for phosphoric acid fuel cells

    Science.gov (United States)

    Stickles, R. P.; Breuer, C. T.

    1983-01-01

    New applications for phosphoric acid fuel cells were identified and evaluated. Candidates considered included all possibilities except grid connected electric utility applications, on site total energy systems, industrial cogeneration, opportunistic use of waste hydrogen, space and military applications, and applications smaller than 10 kW. Applications identified were screened, with the most promising subjected to technical and economic evaluation using a fuel cell and conventional power system data base developed in the study. The most promising applications appear to be the underground mine locomotive and the railroad locomotive. Also interesting are power for robotic submersibles and Arctic villages. The mine locomotive is particularly attractive since it is expected that the fuel cell could command a very high price and still be competitive with the conventionally used battery system. The railroad locomotive's attractiveness results from the (smaller) premium price which the fuel cell could command over the conventional diesel electric system based on its superior fuel efficiency, and on the large size of this market and the accompanying opportunities for manufacturing economy.

  2. Fossil Fuels.

    Science.gov (United States)

    Crank, Ron

    This instructional unit is one of 10 developed by students on various energy-related areas that deals specifically with fossil fuels. Some topics covered are historic facts, development of fuels, history of oil production, current and future trends of the oil industry, refining fossil fuels, and environmental problems. Material in each unit may…

  3. Fossil Fuels.

    Science.gov (United States)

    Crank, Ron

    This instructional unit is one of 10 developed by students on various energy-related areas that deals specifically with fossil fuels. Some topics covered are historic facts, development of fuels, history of oil production, current and future trends of the oil industry, refining fossil fuels, and environmental problems. Material in each unit may…

  4. An Analysis of the Marriage and Dependency Premium Among Active Duty Navy Personnel

    Science.gov (United States)

    2005-06-01

    The researchers expanded their study to include cohabitating single men rather than just evaluating single and married men. Richardson found that...the 1968 marriage premium of 23 percent had dropped to 8 percent by 1991. A similar decline was found among cohabitating men, from 16 percent in...seven months of marriage with those who did not. The assumption is that premarital conception makes the marriage a random event and removes issues of

  5. An Analysis of Cost Premiums and Losses Associated with USAF Military Construction (MILCON)

    Science.gov (United States)

    2013-03-01

    outside of MILCON procurement. Additionally, project signage requirements do not represent a MILCON cost premium. Although the USACE prescribes exact... signage specifications for the construction site, this cost is negligible for a MILCON project since private industry utilizes similar signs...8A/small-business policies Moderate 3.175 1 18 9 6 11 Specific Direct digital controls for all HVAC components Moderate 3.139 1 4 19 25 12 General

  6. The Reallocation of Compensation in Response to Health Insurance Premium Increases

    OpenAIRE

    Goldman, Dana P.; Neeraj Sood; Arleen Leibowitz

    2003-01-01

    This paper examines how compensation packages change when health insurance premiums rise. We use data on employee choices within a single large firm with a flexible benefits plan; an increasingly common arrangement among medium and large firms. In these companies, employees explicitly choose how to allocate compensation between cash and various benefits such as retirement, medical insurance, life insurance, and dental benefits. We find that a $1 increase in the price of health insurance leads...

  7. Analysing the forward premium anomaly using a Logistic Smooth Transition Regression model.

    OpenAIRE

    Sofiane Amri

    2008-01-01

    Several researchers have suggested that exchange rates may be characterized by nonlinear behaviour. This paper examines these nonlinearities and asymetries and estimates a Logistic Transition Regression (LSTR) of Fama Regression with the Risk Adjusted Forward Premia as transition variable. Results confirm the existence of nonlinear dynamics in the relationship between spot exchange rate differential and the forward premium for all the currencies of the sample and for all maturities (three and...

  8. Migration, Careers and the Urban Wage Premium: Does Human Capital Matter?

    OpenAIRE

    Korpi, Martin; William A V Clark

    2015-01-01

    Using detailed Swedish full population data on regional migrants, this paper addresses the question of whether the urban wage premium, and “thick” labor market matching effects, are found only among the higher educated or across all educational groups, and whether the urban population threshold for these type of effects varies by educational category. Estimating initial wages, average wage level and wage growth 2001-2009, we find similar matching effects for all educational groups in the thre...

  9. The Wage Premium and Market Structure: The Case of South Korea and Taiwan

    OpenAIRE

    Yen, Meng-Feng

    2013-01-01

    We seek to understand why the difference between wages earned by skilled and unskilled labor, the so-called “wage premium”, varies across developing countries, using South Korea and Taiwan as empirical case studies. South Korea and Taiwan are both small developing countries with export-led economies that enjoy relatively high incomes compared to their Asian counterparts (excluding Japan). Between 1990 and 2000, Taiwan experienced a decrease in the wage premium, while South Korea remained the ...

  10. The effects of geographical competition and demand on grocery price premium

    OpenAIRE

    Halme, Kari; Akpinar, Murat; Neuvonen, Heidi

    2016-01-01

    Due to the duopolistic characteristics of the Finnish grocery retail trade proprietor-run stores operate as adaptive price setters on the market. This paper examined the effects of geographical competition and demand on proprietor-run grocery stores’ pricing in Finland’s most populated province –Uusimaa. The assumption is that the price premium of a proprietoroperated store compared to the nearest co-operative competitor reflects the characteristics of competition and demand. Hypotheses on th...

  11. Selling Into the Sun: Price Premium Analysis of a Multi-State Dataset of Solar Homes

    Energy Technology Data Exchange (ETDEWEB)

    Adomatis, Sandra [Adomatis Appraisal Services, Punta Gorda, FL (United States); Jackson, Thomas [Texas A & M Univ. and Real Property Analytics Inc., College Station, TX (United States); Graff-Zivin, Joshua [Univ. of California, San Diego, CA (United States); Thayer, Mark [San Diego State Univ., CA (United States); Klise, Geoffrey [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Wiser, Ryan [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Hoen, Ben [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)

    2015-01-01

    Capturing the value that solar photovoltaic (PV) systems may add to home sales transactions is increasingly important. Our study enhances the PV-home-valuation literature by more than doubling the number of PV home sales analyzed (22,822 homes in total, 3,951 of which are PV) and examining transactions in eight states that span the years 2002–2013. We find that home buyers are consistently willing to pay PV home premiums across various states, housing and PV markets, and home types; average premiums across the full sample equate to approximately $4/W or $15,000 for an average-sized 3.6-kW PV system. Only a small and non-statistically significant difference exists between PV premiums for new and existing homes, though some evidence exists of new home PV system discounting. A PV green cachet might exist, i.e., home buyers might pay a certain amount for any size of PV system and some increment more depending on system size. The market appears to depreciate the value of PV systems in their first 10 years at a rate exceeding the rate of PV efficiency losses and the rate of straightline depreciation over the asset’s useful life. Net cost estimates—which account for government and utility PV incentives—may be the best proxy for market premiums, but income-based estimates may perform equally well if they accurately account for the complicated retail rate structures that exist in some states. Although this study focuses only on host-owned PV systems, future analysis should focus on homes with third-party-owned PV systems.

  12. Empirical Analysis of the Impact of Inflation Targeting on the Risk Premium

    Directory of Open Access Journals (Sweden)

    Krušković Borivoje D.

    2014-09-01

    Full Text Available The basis for the conduct of monetary policy is monetary policy strategy. Monetary strategy is necessary for monetary policy makers to analyse all relevant information in order to undertake effective policy actions. Inflation targeting has enabled countries to achieve low inflation in the very short term. Due to this, the financial markets have adjusted their long-term inflation expectations and incorporated them into the interest rate. Risk premiums that compensate for the uncertainty of inflation have fallen. The aim of this paper is to examine how the adoption of inflation targeting affects the movement of the risk premium. The hypothesis we want to test is that the adoption of inflation targeting affects the reduction of the country risk premium by affecting the formation of a more stable macroeconomic environment through a more stable and predictable inflation rate in the medium and long term. The method used for evaluating the regression coefficients is the dynamic panel generalized method of moments (GMM. This method involves the use of conditional moments in endogenous and exogenous variables with a lag as instruments for the assessment of differential equations, while the difference lagged endogenous variables are used as instruments in the levels equation.

  13. Optimal Premium as a Function of the Deductible: Customer Analysis and Portfolio Characteristics

    Directory of Open Access Journals (Sweden)

    Julie Thøgersen

    2016-11-01

    Full Text Available An insurance company offers an insurance contract ( p , K , consisting of a premium p and a deductible K. In this paper, we consider the problem of choosing the premium optimally as a function of the deductible. The insurance company is facing a market of N customers, each characterized by their personal claim frequency, α, and risk aversion, β. When a customer is offered an insurance contract, she/he will, based on these characteristics, choose whether or not to insure. The decision process of the customer is analyzed in detail. Since the customer characteristics are unknown to the company, it models them as i.i.d. random variables; A 1 , … , A N for the claim frequencies and B 1 , … , B N for the risk aversions. Depending on the distributions of A i and B i , expressions for the portfolio size n ( p ; K ∈ [ 0 , N ] and average claim frequency α ( p ; K in the portfolio are obtained. Knowing these, the company can choose the premium optimally, mainly by minimizing the ruin probability.

  14. Estimate of Market Risk Premium by Considering the Market Leverage in Tehran Stock Exchange

    Directory of Open Access Journals (Sweden)

    Hamid Reza Shammakhi

    2016-03-01

    Full Text Available In this study, the method of calculating the market risk premium with respect to the market leverage was presented and it was studied which method has the accuracy of better estimate in Tehran Stock Exchange. This study seeks to provide and introduce more appropriate and accurate measures in order to measure market risk premium in order to better predict the expected return on the investment in the Tehran Stock Exchange. Returns expected by investors of the stocks of companies with high leverage are more than any other stocks with low leverage. Creditors have a higher priority against the company’s assets and cash money which contributes to an increase in the investors’ risk and therefore it would increase the expected returns and efficiency. Three types of definition and subsequently three CAPM models of Ibbotson, Lally and Siegel were introduced to calculate and evaluate market risk premium, and its accuracy in forecasting investors’ expected returns was tested. In this regard, based on simple random sampling and based on Cochran formula data collected from 69 firms listed in the Tehran Stock Exchange from 2008 to 2014 with panel data model, three-month returns of the sample companies were calculated and used as the basis for the test. The results show that Lally model (leverage effect of the market compared with Ibbotson and Siegel models explained the strong stock market returns.

  15. The Equity Premium Puzzle: Analysis in Brazil after the Real Plan

    Directory of Open Access Journals (Sweden)

    Fábio Augusto Reis Gomes

    2013-04-01

    Full Text Available Our paper investigates whether there is evidence of an Equity Premium Puzzle (EPP in Brazil, applying two different methodologies. The EPP was identified by Mehra and Prescott (1985 since the Consumption Capital Asset Pricing Model (CCAPM, when calibrated with reasonable preference parameters, could not explain high historical average risk premiums in the United States. In our first approach, we consider Mehra’s (2003 model and calibrate the coefficient of risk aversion, using 1995:2-2012:1 quarterly data. The Ibovespa index was used as a measure of the market return, whereas the risk-free rate was proxied by the Selic interbank rate and by the savings account rate. In our second approach, we propose a new method to test the puzzle. We jointly estimate, via generalized method of moments, the parameters of interest using a moment condition that has not been previously explored, as far as we are aware of. The two approaches produced a high risk aversion coefficient, however the second approach indicated that we cannot reject the hypothesis of the risk aversion coefficient being statistically equal to zero. A possible explanation for this result might be that in Brazil the equity premium is not statistically different from zero. Therefore there is no evidence of EPP in Brazil for the studied period.

  16. Fuel distribution

    Energy Technology Data Exchange (ETDEWEB)

    Tison, R.R.; Baker, N.R.; Blazek, C.F.

    1979-07-01

    Distribution of fuel is considered from a supply point to the secondary conversion sites and ultimate end users. All distribution is intracity with the maximum distance between the supply point and end-use site generally considered to be 15 mi. The fuels discussed are: coal or coal-like solids, methanol, No. 2 fuel oil, No. 6 fuel oil, high-Btu gas, medium-Btu gas, and low-Btu gas. Although the fuel state, i.e., gas, liquid, etc., can have a major impact on the distribution system, the source of these fuels (e.g., naturally-occurring or coal-derived) does not. Single-source, single-termination point and single-source, multi-termination point systems for liquid, gaseous, and solid fuel distribution are considered. Transport modes and the fuels associated with each mode are: by truck - coal, methanol, No. 2 fuel oil, and No. 6 fuel oil; and by pipeline - coal, methane, No. 2 fuel oil, No. 6 oil, high-Btu gas, medium-Btu gas, and low-Btu gas. Data provided for each distribution system include component makeup and initial costs.

  17. Refinery Integration of By-Products from Coal-Derived Jet Fuels

    Energy Technology Data Exchange (ETDEWEB)

    Caroline E. Burgess Clifford; Andre Boehman; Chunshan Song; Bruce Miller; Gareth Mitchell

    2007-03-17

    This report summarizes the accomplishments toward project goals during the no cost extension period of the third year of the project to assess the properties and performance of coal based products. These products are in the gasoline, diesel and fuel oil range and result from coal based jet fuel production from an Air Force funded program. Specific areas of progress include generation of coal based material that has been fractionated into the desired refinery cuts for a third round of testing, the use of a research gasoline engine to test coal-based gasoline, and modification of diesel engines for use in evaluating diesel produced in the project. At the pilot scale, the hydrotreating process was modified to separate the heavy components from the LCO and RCO fractions before hydrotreating in order to improve the performance of the catalysts in further processing. Hydrotreating and hydrogenation of the product has been completed, and due to removal of material before processing, yield of the jet fuel fraction has decreased relative to an increase in the gasoline fraction. Characterization of the gasoline fuel indicates a dominance of single ring alkylcycloalkanes that have a low octane rating; however, blends containing these compounds do not have a negative effect upon gasoline when blended in refinery gasoline streams. Characterization of the diesel fuel indicates a dominance of 3-ring aromatics that have a low cetane value; however, these compounds do not have a negative effect upon diesel when blended in refinery diesel streams. Both gasoline and diesel continue to be tested for combustion performance. The desulfurization of sulfur containing components of coal and petroleum is being studied so that effective conversion of blended coal and petroleum streams can be efficiently converted to useful refinery products. Activated carbons have proven useful to remove the heavy sulfur components, and unsupported Ni/Mo and Ni/Co catalysts have been very effective for

  18. Refinery Integration of By-Products from Coal-Derived Jet Fuels

    Energy Technology Data Exchange (ETDEWEB)

    Caroline E. Burgess Clifford; Andre' Boehman; Chunshan Song; Bruce Miller; Gareth Mitchell

    2006-09-17

    This report summarizes the accomplishments toward project goals during the second six months of the third year of the project to assess the properties and performance of coal based products. These products are in the gasoline, diesel and fuel oil range and result from coal based jet fuel production from an Air Force funded program. Specific areas of progress include generation of coal based material that has been fractionated into the desired refinery cuts and examination of carbon material, the use of a research gasoline engine to test coal-based gasoline, and modification of diesel engines for use in evaluating diesel produced in the project. At the pilot scale, the hydrotreating process was modified to separate the heavy components from the LCO and RCO fractions before hydrotreating in order to improve the performance of the catalysts in further processing. Characterization of the gasoline fuel indicates a dominance of single ring alkylcycloalkanes that have a low octane rating; however, blends containing these compounds do not have a negative effect upon gasoline when blended in refinery gasoline streams. Characterization of the diesel fuel indicates a dominance of 3-ring aromatics that have a low cetane value; however, these compounds do not have a negative effect upon diesel when blended in refinery diesel streams. Both gasoline and diesel continue to be tested for combustion performance. The desulfurization of sulfur containing components of coal and petroleum is being studied so that effective conversion of blended coal and petroleum streams can be efficiently converted to useful refinery products. Activated carbons have proven useful to remove the heavy sulfur components, and unsupported Ni/Mo and Ni/Co catalysts have been very effective for hydrodesulfurization. Equipment is now in place to begin fuel oil evaluations to assess the quality of coal based fuel oil. Combustion and characterization of the latest fuel oil (the high temperature fraction of RCO

  19. Influence of Flexible Crop Yield Distribution on Crop Insurance Premium Rate——A Case Study on Cotton Insurance in Three Areas of Xinjiang

    Institute of Scientific and Technical Information of China (English)

    2012-01-01

    Based on theoretical analysis of crop risk and premium rate setting,we take the case of premium rate setting of insurance on cotton yield in Shache County,Shaya County and Aksu City of Xinjiang.Using parametric methods and insurance actuarial technique,we select the optimal model for risk fitting of cotton yield in three areas;compare the premium rate calculated accurately under four risk distribution assumptions of cotton yield,and the rational premium rate,to analyze the impact of risk distribution of crop yield on premium rate setting.The empirical results show that the Logistic distribution is the optimal distribution for risk fitting of cotton yield in three areas;the rational net premium rate of cotton insurance in three areas is 7.62%,6.32% and 4.96%,respectively;there are errors in premium rate setting under assumptions of normal distribution,normalized skew distribution and Weibull distribution,ranging from 0.2 percentage points to 8 percentage points.Thus,it indicates that the selection of risk distribution model of yield directly affects the accuracy of premium rate setting of crops,and the key to accurate premium rate setting of crops lies in correct selection of risk distribution model of yield.

  20. Fuel Cells

    DEFF Research Database (Denmark)

    Smith, Anders; Pedersen, Allan Schrøder

    2014-01-01

    Fuel cells have been the subject of intense research and development efforts for the past decades. Even so, the technology has not had its commercial breakthrough yet. This entry gives an overview of the technological challenges and status of fuel cells and discusses the most promising applications...... of the different types of fuel cells. Finally, their role in a future energy supply with a large share of fluctuating sustainable power sources, e.g., solar or wind, is surveyed....

  1. 发展煤基合成油产业的重大意义%The Significance of Developing Coal-based Synthetic Oil Industry

    Institute of Scientific and Technical Information of China (English)

    白春岗

    2015-01-01

    目前在煤炭使用过程中存在着严重的问题。通过发展煤基合成油产业,不仅可以提高煤炭利用效率,保证煤炭行业的可持续发展,而且还可以增加我国油品的自给能力,是中国未来保障能源安全供应的最可靠来源。同时,发展煤基合成油产业可以优化能源结构,促进自主创新技术的不断发展。%At present, there are serious problems in the use of coal. Through the development of coal-based synthetic oil industry, the efficiency of coal use can be improved to ensure the sustainable development of the coal industry, and China's self-supporting ability can be increased. It is the most reliable source to ensure the safe supply of energy in the future. At the same time, to develop coal-based synthetic oil industry can optimize the energy structure and promote the development of technology innovation.

  2. Uji Eksperimental Perbandingan Unjuk Kerja Motor Bakar Berbahan Bakar Premium Dengan Campuran Zat Aditif-Premium (C1:80, C3:80, C5:80).

    OpenAIRE

    Adinata, Surya

    2011-01-01

    Octane number is a reference to measure quality of gasoline as the fuel of gasoline engine. Gasoline with higher octane number gives less tendency to knocking. Zat additive is a chemical solution that gives positive effect to rise the octane number. This paper describes comparison study performance from a gasolinel-engine fueled with composition C1:80, C3:80 and C5:80 additive with gasoline engine fueled gasoline oil. The test results have shown that the gasoline engine fuel...

  3. Uji Eksperimental Perbandingan Unjuk Kerja Motor Bakar Berbahan Bakar Premium Dengan Campuran Zat Aditif-Premium (C1:80, C3:80, C5:80).

    OpenAIRE

    Adinata, Surya

    2011-01-01

    Octane number is a reference to measure quality of gasoline as the fuel of gasoline engine. Gasoline with higher octane number gives less tendency to knocking. Zat additive is a chemical solution that gives positive effect to rise the octane number. This paper describes comparison study performance from a gasolinel-engine fueled with composition C1:80, C3:80 and C5:80 additive with gasoline engine fueled gasoline oil. The test results have shown that the gasoline engine fuel...

  4. THE EFFECT OF SALINITY-SODICITY AND GLYPHOSATE FORMULATIONS – AVANS PREMIUM 360 SL ON PHOSPHOMONOESTERASE ACTIVITIES IN SANDY LOAM

    Directory of Open Access Journals (Sweden)

    Maciej Płatkowski

    2016-01-01

    Full Text Available The aim of study was to determine the influence of NaCl and glyphosate-based herbicide Avans Premium 360 SL on acid and alkaline phosphomonoesterase activities in sandy loam. The experiment was carried out in laboratory conditions on sandy loam with Corg content 10.90 g/kg. Soil was divided into half kilogram samples and adjusted to 60% of maximum water holding capacity. In the experiment dependent variables were: I – dosages of Avans Premium 360 SL (0, a recommended field dosage – FD, a tenfold higher dosage – 10 FD and hundredfold higher dosage – 100 FD, II – amount of NaCl (0, 3% and 6%, III – day of experiment (1, 7, 14, 28 and 56. On days of experiment the activity of alkaline and acid phosphomonoesterase activity was assayed spectrophotometrically. The obtained result showed that the application of Avans Premium 360 SL decreased in acid and alkaline phosphomonoesterase activity in clay soil. Significant interaction effect between the dosage of Avans Premium 360 SL, NaCl amount and day of experiment was reported in the experiment. The inhibitory effect of Avans Premium 360 SL was the highest in soil with NaCl at the amount of 6%.

  5. Native, discount, or premium brand cigarettes: what types of cigarettes are Canadian youth currently smoking?

    Science.gov (United States)

    Elton-Marshall, Tara; Leatherdale, Scott T; Burkhalter, Robin

    2013-02-01

    The objective of the study was to determine the brand distribution of premium, discount, and native cigarette brands and to identify the factors associated with smoking these brands among a nationally representative sample of Canadian youth smokers. Data from 3,137 current smokers in Grades 9-12 participating in the 2008-2009 Youth Smoking Survey (YSS) were used to examine the prevalence and factors associated with different cigarette brand preferences. The most prevalent brand of cigarette smoked was premium cigarettes (44.7%), followed by discount cigarettes (33.7%), and to be native cigarettes (7.3%). There was significant variability in brand preference by province with the majority of youth in Atlantic Canada and Quebec smoking a discount brand of cigarettes and higher prevalence rates of native cigarette use in Ontario and Quebec. Respondents were more likely to smoke discount cigarettes if they were female, daily smokers, or if they only had $1-20 a week in spending money. Respondents were more likely to smoke native cigarettes if they were Aboriginal, heavier smokers, or if they reported having no weekly spending money. A significant proportion of students from Grade 9 to 12 in Canada smoke cigarettes that are more affordable than premium brands and it appears that the market share for these more affordable cigarette options has increased in recent years. Given that the price of cigarettes is an important determinant in youth smoking behavior, it is critical to develop and continue to enforce tobacco control strategies designed to eliminate access to cheaper sources of cigarettes among youth populations.

  6. Ionomer-like structures and {pi}-cation interactions in Argonne Premium coals

    Energy Technology Data Exchange (ETDEWEB)

    Opaprakasit, P.; Scaroni, A.W.; Painter, P.C. [Pennsylvania State University, University Park, PA (United States). Energy Institute

    2002-06-01

    The increase in the amount of pyridine-soluble material obtained from Argonne Premium coals after acid treatment is examined. The amount of pyridine-soluble material in most of the coals increases significantly with acid treatment. In low and to some extent medium rank coals this is largely a result of the presence of ionic clusters formed by carboxylate groups. In higher rank coals we are proposing that {pi}-cation interactions play a major role. These ion/coal interactions are of sufficient strength to act as 'reversible' cross-links, in the same way as ionic clusters behave in ionomers. 26 refs., 14 figs., 3 tabs.

  7. The US Finance Wage Premium Before and After the Financial Crisis

    DEFF Research Database (Denmark)

    Capuano, Stella; Lai, Tat-kei; Schmerer, Hans-Jörg

    2014-01-01

    Does the recent financial crisis change the wage structures of the US finance and nonfinance sectors? In this article, we study the wage gap between workers in these two sectors between 1990 and 2011. Using data from the Current Population Survey, we find that the finance wage premium increased...... over time and only dropped modestly during the crisis. Using the Oaxaca–Blinder method to decompose the wage gap into ‘explained’ and ‘unexplained’ parts, we also find that the wage gap was entirely driven by unexplained factors....

  8. The effect of firearm deaths on life expectancy and insurance premiums in the United States.

    Science.gov (United States)

    Lemaire, Jean

    2005-01-01

    Despite recent gains, the U.S. remains behind most other affluent countries in life expectancy. Even within the U.S., the gap between the life expectancies of Caucasians and African-Americans remains significant. At the same time, firearm deaths in the U.S. far exceed peer nations, and disproportionately affect African-American males. In this Issue Brief, Dr. Lemaire explores whether deaths from firearms explain some of these international and racial disparities in life expectancy. He uses actuarial techniques to calculate the "cost" of firearm deaths in the U.S., both in terms of reduced life expectancy and increased life insurance premiums.

  9. Estimation of insurance premiums for coverage against natural disaster risk: an application of Bayesian Inference

    Directory of Open Access Journals (Sweden)

    Y. Paudel

    2013-03-01

    Full Text Available This study applies Bayesian Inference to estimate flood risk for 53 dyke ring areas in the Netherlands, and focuses particularly on the data scarcity and extreme behaviour of catastrophe risk. The probability density curves of flood damage are estimated through Monte Carlo simulations. Based on these results, flood insurance premiums are estimated using two different practical methods that each account in different ways for an insurer's risk aversion and the dispersion rate of loss data. This study is of practical relevance because insurers have been considering the introduction of flood insurance in the Netherlands, which is currently not generally available.

  10. The Early Exercise Premium Representation for American Options on Multiply Assets

    Energy Technology Data Exchange (ETDEWEB)

    Klimsiak, Tomasz, E-mail: tomas@mat.umk.pl; Rozkosz, Andrzej, E-mail: rozkosz@mat.umk.pl [Nicolaus Copernicus University, Faculty of Mathematics and Computer Science (Poland)

    2016-02-15

    In the paper we consider the problem of valuation of American options written on dividend-paying assets whose price dynamics follow the classical multidimensional Black and Scholes model. We provide a general early exercise premium representation formula for options with payoff functions which are convex or satisfy mild regularity assumptions. Examples include index options, spread options, call on max options, put on min options, multiply strike options and power-product options. In the proof of the formula we exploit close connections between the optimal stopping problems associated with valuation of American options, obstacle problems and reflected backward stochastic differential equations.

  11. Adobe Creative Suite 6 Design and Web Premium all-in-one for dummies

    CERN Document Server

    Smith, Jennifer; Gerantabee, Fred

    2012-01-01

    The must-have book on the leading suite of software for graphic and web designers Fully revised and updated this hands-on resource offers a one-stop learning opportunity through eight mini-book dedicated to each product inside Adobe's Design & Web Premium Suite. The mini-books include Adobe Creative Suite Basics, InDesign, Illustrator, Photoshop, Acrobat, Dreamweaver, Flash, Fireworks. The book may contain new image enhancements to After Effects, 64-bit versions of Illustrator and Flash Professional, and a new tool, dubbed Helium, that will enable designers to create content using HTML5 and

  12. Are PhDs Winners or Losers? Wage Premiums for Doctoral Degrees in Private Sector Employment

    DEFF Research Database (Denmark)

    Pedersen, Heidi Skovgaard

    2016-01-01

    Policy makers expect that increasing shares of PhDs will find employment within the private sector. However, the incentive structure for undertaking PhD education and subsequently seeking private sector employment has not been adequately assessed in the literature. This paper investigates...... the economic incentives for this career path of recent Danish PhD graduates. Wage premiums associated with holding a PhD compared to a master’s degree are estimated by an program evaluation approach using regression on a matched sample. Income levels three years after receipt of the PhD degree are three...

  13. The Public Earnings Premium in a Mineral Rich Economy: New Piece in the Puzzle

    Directory of Open Access Journals (Sweden)

    Usamah Alfarhan

    2015-02-01

    Full Text Available This paper addresses the determination of sector earnings and the public earnings premium in Saudi Arabia. It uses a primary cross section of individuals collected in 2013, and employs the Oaxaca-Blinder decomposition methodology to show whether the observed sectoral earnings' differential is explained by differences in workers' characteristics or by a favorable public wage structure. While controlling for selection, the paper shows that public workers are better endowed rather than overpaid by a wealthy state. This finding suggests that, contrary to the general belief, the determination of public earnings does not contradict active labor market policies designed to encourage private sector employment of locals.

  14. THE STUDY OF INSURANCE PREMIUM RATE GIS MAPPING CONSIDERING THE STORM AND FLOOD HAZARD RISKS

    OpenAIRE

    2016-01-01

    Recently, the number of natural disaster occurrence is increasing because of abnormal changes of weather in Korea. In Korea the storm and flood insurance system is in effect to prevent these natural disasters. The national storm and flood insurance Premium rate is very low and the risk of adverse selection resides because of choosing by who lives in high risk area. To solve these problems, the storm and flood insurance rate map are required. In this study, the prototype of storm and flood ins...

  15. Premium Efficiency Motor Selection and Application Guide – A Handbook for Industry

    Energy Technology Data Exchange (ETDEWEB)

    Gilbert A. McCoy and John G. Douglass

    2014-02-01

    This handbook informs new motor purchase decisions by identifying energy and cost savings that can come from replacing motors with premium efficiency units. The handbook provides an overview of current motor use in the industrial sector, including the development of motor efficiency standards, currently available and emerging advanced efficiency motor technologies, and guidance on how to evaluate motor efficiency opportunities. It also several tips on getting the most out of industrial motors, such as how to avoid adverse motor interactions with electronic adjustable speed drives and how to ensure efficiency gains are not lost to undervoltage operation or excessive voltage unbalance.

  16. Studies on Physical and Sensory Properties of Premium Vanilla Ice Cream Distributed in Korean Market

    OpenAIRE

    2014-01-01

    The object of this study was to investigate the difference in physical and sensory properties of various premium ice creams. The physical properties of the various ice creams were compared by manufacturing brand. The water contents of the samples differed, with BR having the highest value at 60.5%, followed by NT and CS at 57.8% and 56.9%, respectively. The higher the water content, the lower Brix and milk fat contents in all samples. The density of the samples showed almost similar values in...

  17. A 6DOF gravity compensation scheme for a phantom premium using a neural network.

    Science.gov (United States)

    Birtwisle, Matthew; Bulpitt, Andy

    2007-01-01

    Current uses of haptic hardware such as the Phantom Premium 6DOF for surgical simulators lack the desired interface transparency and could cause artefacts in the training regime of a student training on a simulator. This problem is addressed and two neural networks are used to find a mapping between handle coordinates and orientation and force output required to counteract gravitational forces. A close fit to the data is achieved for both networks (errors of 0.00149 and 0.0157 between training and predicted forces) and 3DOF gravity compensation is achieved. A 6DOF simulator is created but requires further work to improve it accuracy.

  18. STUDY ON THE MAIN THEORETICAL ASPECTS RELATING TO THE PREMIUM TARIFFS IN THE PROPERTY INSURANCE

    Directory of Open Access Journals (Sweden)

    Vaduva Maria

    2012-03-01

    Full Text Available In the insurance market of goods, most of the first levied by the insurer is used for payment of damages due insured. The element mainly depending on which he fixes the level of share premium pricing is likely to size claims the insurer will pay insured. Part of the quota tariff intended for the first payment of damages is called net or share of first base. Adding to the addition cover expenditure on lodging and administering the fund insurance and financing of measures to prevent the damage, formation of the reserve fund and achieve the insurer has a specific benefit, get the first tariff or first gross.

  19. Development of alternative fuels from coal-derived syngas

    Energy Technology Data Exchange (ETDEWEB)

    Brown, D.M.

    1992-05-19

    The overall objectives of this program are to investigate potential technologies for the conversion of coal-derived synthesis gas to oxygenated fuels, hydrocarbon fuels, fuel intermediates, and octane enhancers; and to demonstrate the most promising technologies at DOE's LaPorte, Texas, Slurry Phase Alternative Fuels Development Unit (AFDU). BASF continues to have difficulties in scaling-up the new isobutanol synthesis catalyst developed in Air Products' laboratories. Investigations are proceeding, but the proposed operation at LaPorte in April is now postponed. DOE has accepted a proposal to demonstrate Liquid Phase Shift (LPS) chemistry at LaPorte as an alternative to isobutanol. There are two principal reasons for carrying out this run. First, following the extensive modifications at the site, operation on a relatively benign'' system is needed before we start on Fischer-Tropsch technology in July. Second, use of shift catalyst in a slurry reactor will enable DOE's program on coal-based Fischer-Tropsch to encompass commercially available cobalt catalysts-up to now they have been limited to iron-based catalysts which have varying degrees of shift activity. In addition, DOE is supportive of continued fuel testing of LaPorte methanol-tests of MIOO at Detroit Diesel have been going particularly well. LPS offers the opportunity to produce methanol as the catalyst, in the absence of steam, is active for methanol synthesis.

  20. SOLID STATE ENERGY CONVERSION ALLIANCE DELPHI SOLID OXIDE FUEL CELL

    Energy Technology Data Exchange (ETDEWEB)

    Steven Shaffer; Sean Kelly; Subhasish Mukerjee; David Schumann; Gail Geiger; Kevin Keegan; Larry Chick

    2004-05-07

    The objective of this project is to develop a 5 kW Solid Oxide Fuel Cell power system for a range of fuels and applications. During Phase I, the following will be accomplished: Develop and demonstrate technology transfer efforts on a 5 kW stationary distributed power generation system that incorporates steam reforming of natural gas with the option of piped-in water (Demonstration System A). Initiate development of a 5 kW system for later mass-market automotive auxiliary power unit application, which will incorporate Catalytic Partial Oxidation (CPO) reforming of gasoline, with anode exhaust gas injected into an ultra-lean burn internal combustion engine. This technical progress report covers work performed by Delphi from July 1, 2003 to December 31, 2003, under Department of Energy Cooperative Agreement DE-FC-02NT41246. This report highlights technical results of the work performed under the following tasks: Task 1 System Design and Integration; Task 2 Solid Oxide Fuel Cell Stack Developments; Task 3 Reformer Developments; Task 4 Development of Balance of Plant (BOP) Components; Task 5 Manufacturing Development (Privately Funded); Task 6 System Fabrication; Task 7 System Testing; Task 8 Program Management; Task 9 Stack Testing with Coal-Based Reformate; and Task 10 Technology Transfer from SECA CORE Technology Program. In this reporting period, unless otherwise noted Task 6--System Fabrication and Task 7--System Testing will be reported within Task 1 System Design and Integration. Task 8--Program Management, Task 9--Stack Testing with Coal Based Reformate, and Task 10--Technology Transfer from SECA CORE Technology Program will be reported on in the Executive Summary section of this report.

  1. Influence of premium versus value brand names on the smoking experience in a plain packaging environment: an experimental study.

    Science.gov (United States)

    Skaczkowski, Gemma; Durkin, Sarah; Kashima, Yoshihisa; Wakefield, Melanie

    2017-01-16

    To examine the effect of branding, as indicated by brand name, on evaluation of the cigarette smoking experience. Between-subjects and within-subjects experimental study. Participants were randomly allocated to smoke a cigarette from a pack featuring a premium brand name and a cigarette from a pack featuring a value brand name. Within each condition, participants unknowingly smoked two identical cigarettes (either two premium or two value cigarettes). Australia, October 2014, 2 years after tobacco plain packaging implementation. 81 current cigarette smokers aged 19-39 years. From apparently premium and value brand-name packs, 40 smokers were allocated to smoke the same actual premium cigarettes and 41 were allocated to smoke the same actual value cigarettes. Experienced taste (flavour, satisfaction, enjoyment, quality, liking, mouthfeel and aftertaste), harshness, dryness, staleness, harm/strength measures (strength, tar, lightness, volume of smoke), draw effort and purchase intent. Cigarettes given a premium brand name were rated as having a better taste, were less harsh and less dry than identical cigarettes given a value brand name. This pattern was observed irrespective of whether the two packs actually contained premium or value cigarettes. These effects were specific: the brand name did not influence ratings of cigarette variant attributes (strength, tar, volume of smoke, lightness and draw effort). Despite the belief that brand names represent genuine differences between cigarette products, the results suggest that at least some of this perceived sensory difference is attributable to brand image. Published by the BMJ Publishing Group Limited. For permission to use (where not already granted under a licence) please go to http://www.bmj.com/company/products-services/rights-and-licensing/.

  2. Influence of premium versus value brand names on the smoking experience in a plain packaging environment: an experimental study

    Science.gov (United States)

    Skaczkowski, Gemma; Durkin, Sarah; Kashima, Yoshihisa; Wakefield, Melanie

    2017-01-01

    Objective To examine the effect of branding, as indicated by brand name, on evaluation of the cigarette smoking experience. Design Between-subjects and within-subjects experimental study. Participants were randomly allocated to smoke a cigarette from a pack featuring a premium brand name and a cigarette from a pack featuring a value brand name. Within each condition, participants unknowingly smoked two identical cigarettes (either two premium or two value cigarettes). Setting Australia, October 2014, 2 years after tobacco plain packaging implementation. Participants 81 current cigarette smokers aged 19–39 years. From apparently premium and value brand-name packs, 40 smokers were allocated to smoke the same actual premium cigarettes and 41 were allocated to smoke the same actual value cigarettes. Primary outcome measures Experienced taste (flavour, satisfaction, enjoyment, quality, liking, mouthfeel and aftertaste), harshness, dryness, staleness, harm/strength measures (strength, tar, lightness, volume of smoke), draw effort and purchase intent. Results Cigarettes given a premium brand name were rated as having a better taste, were less harsh and less dry than identical cigarettes given a value brand name. This pattern was observed irrespective of whether the two packs actually contained premium or value cigarettes. These effects were specific: the brand name did not influence ratings of cigarette variant attributes (strength, tar, volume of smoke, lightness and draw effort). Conclusions Despite the belief that brand names represent genuine differences between cigarette products, the results suggest that at least some of this perceived sensory difference is attributable to brand image. PMID:28093441

  3. 5 CFR 892.401 - Am I eligible for premium conversion if I retire and then come back to work for the Federal...

    Science.gov (United States)

    2010-01-01

    ... your status as an active employee and your employing agency will deduct your premiums from your salary... annuitant, but your contributions towards your FEHB premiums will be made on an after-tax basis. Your... it. (c) If you did not carry FEHB into retirement and you are reemployed as an employee in a position...

  4. Minimum Value of Eligible Employer-Sponsored Plans and Other Rules Regarding the Health Insurance Premium Tax Credit. Final regulations.

    Science.gov (United States)

    2015-12-18

    This document contains final regulations on the health insurance premium tax credit enacted by the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010, as amended by the Medicare and Medicaid Extenders Act of 2010, the Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act of 2011, and the Department of Defense and Full-Year Continuing Appropriations Act, 2011. These final regulations affect individuals who enroll in qualified health plans through Affordable Insurance Exchanges (Exchanges, sometimes called Marketplaces) and claim the health insurance premium tax credit, and Exchanges that make qualified health plans available to individuals and employers.

  5. Estimating Price Premiums for Breads Marketed as “Low-Carbohydrate Breadsâ€

    OpenAIRE

    Nganje, William E.; Kaitibie, Simeon; Wachenheim, Cheryl J.; Acquah, Emmanuel T.; Matson, Joel; Johnson, Grant

    2008-01-01

    Retail data are used in a hedonic pricing framework to estimate the premium paid for the “low-carbohydrate†attribute and other attributes of bread at grocery and non-grocery stores in a regional market. Results show that consumer willingness to pay is influenced by the “low-carbohydrate†attribute as well as by sugar, fiber, and fat content; serving size; and size of loaf. Implicit price premiums vary significantly by retail location. However, price differentials may be compounded by t...

  6. Moderating effect of peer group environment on consumer predisposition towards premium promotions: A study on young urban consumers in India

    Directory of Open Access Journals (Sweden)

    Subhojit Banerjee

    2016-12-01

    Full Text Available The role of peer-group environment as an influencing factor in purchase decisions is well established. This paper broadens the above premise and studies the influence of peer-group environment on an individual's promotional choice in the context of premium promotions or freebies. Two sets of college students with distinctive peer-group settings in terms of their academic pursuit and residential details have been considered for the study. Discriminant analysis shows that higher interaction and educational orientation of group members influence the customer's promotional preference. Students pursuing professionally oriented courses had a distinctively higher preference for premium-promotions that were hedonic.

  7. Premium subsidies, the mandate, and Medicaid expansion: Coverage effects of the Affordable Care Act.

    Science.gov (United States)

    Frean, Molly; Gruber, Jonathan; Sommers, Benjamin D

    2017-05-01

    Using premium subsidies for private coverage, an individual mandate, and Medicaid expansion, the Affordable Care Act (ACA) has increased insurance coverage. We provide the first comprehensive assessment of these provisions' effects, using the 2012-2015 American Community Survey and a triple-difference estimation strategy that exploits variation by income, geography, and time. Overall, our model explains 60% of the coverage gains in 2014-2015. We find that coverage was moderately responsive to price subsidies, with larger gains in state-based insurance exchanges than the federal exchange. The individual mandate's exemptions and penalties had little impact on coverage rates. The law increased Medicaid among individuals gaining eligibility under the ACA and among previously-eligible populations ("woodwork effect") even in non-expansion states, with no resulting reductions in private insurance. Overall, exchange premium subsidies produced 40% of the coverage gains explained by our ACA policy measures, and Medicaid the other 60%, of which 1/2 occurred among previously-eligible individuals. Copyright © 2017 Elsevier B.V. All rights reserved.

  8. Studies on Physical and Sensory Properties of Premium Vanilla Ice Cream Distributed in Korean Market.

    Science.gov (United States)

    Choi, Mi-Jung; Shin, Kwang-Soon

    2014-01-01

    The object of this study was to investigate the difference in physical and sensory properties of various premium ice creams. The physical properties of the various ice creams were compared by manufacturing brand. The water contents of the samples differed, with BR having the highest value at 60.5%, followed by NT and CS at 57.8% and 56.9%, respectively. The higher the water content, the lower Brix and milk fat contents in all samples. The density of the samples showed almost similar values in all samples (p>0.05). The viscosity of each ice cream had no effect on the water content in any of the brands. Before melting of the ice cream, the total color difference was dependent on the lightness, especially in the vanilla ice cream, owing to the reflection of light on the surface of the ice crystals. The CS product melted the fastest. In the sensory test, CS obtained a significantly higher sweetness intensity score but a lower score for color intensity, probably due to the smaller difference in total color, by which consumers might consider the color of CS as less intense. From this study, the cold chain system for ice cream distribution might be important to decide the physical properties although the concentration of milk fat is key factor in premium ice cream.

  9. ASSESSMENT OF COMBINED HEAT AND POWER SYSTEM"PREMIUM POWER" APPLICATIONS IN CALIFORNIA

    Energy Technology Data Exchange (ETDEWEB)

    Norwood, Zack; Lipman, Timothy; Stadler, Michael; Marnay, Chris

    2010-06-01

    The effectiveness of combined heat and power (CHP) systems for power interruption intolerant,"premium power," facilities is the focus of this study. Through three real-world case studies and economic cost minimization modeling, the economic and environmental performance of"premium power" CHP is analyzed. The results of the analysis for a brewery, data center, and hospital lead to some interesting conclusions about CHP limited to the specific CHP technologies installed at those sites. Firstly, facilities with high heating loads prove to be the most appropriate for CHP installations from a purely economic standpoint. Secondly, waste heat driven thermal cooling systems are only economically attractive if the technology for these chillers can increase above the current best system efficiency. Thirdly, if the reliability of CHP systems proves to be as high as diesel generators they could replace these generators at little or no additional cost if the thermal to electric (relative) load of those facilities was already high enough to economically justify a CHP system. Lastly, in terms of greenhouse gas emissions, the modeled CHP systems provide some degree of decreased emissions, estimated at approximately 10percent for the hospital, the application with the highest relative thermal load in this case

  10. Can the NICE "end-of-life premium" be given a coherent ethical justification?

    Science.gov (United States)

    Cookson, Richard

    2013-12-01

    In 2009 the UK National Institute for Health and Clinical Excellence (NICE) announced that its health technology appraisal committees would henceforth give special additional weight to health gains from life-extending end-of-life treatments. This was a response to mounting concern from NICE's stakeholders that effective new drugs for end-stage cancer often fail NICE's standard test of cost effectiveness. This change of policy may be justifiable on procedural grounds as the result of a democratic political process responding to stakeholder concerns. However, according to the "accountability for reasonableness" framework proposed by the philosopher Norman Daniels and endorsed by NICE, there also needs to be transparency about the substantive ethical grounds for public health care resource allocation decisions. In that spirit, I analyze eleven potentially relevant justifications for the NICE "end-of-life premium," drawn from the economics and philosophy literature: (1) rule of rescue, (2) fair chances, (3) ex post willingness to pay, (4) caring externality, (5) financial protection, (6) symbolic value, (7) diminishing marginal value of future life years, (8) concentration of benefits, (9) dread, (10) time to set your affairs in order, and (11) severity of illness. I conclude that none of them yields a coherent ethical justification for the NICE end-of-life premium.

  11. Loading and Contact Stress Analysis on the Thread Teeth in Tubing and Casing Premium Threaded Connection

    Directory of Open Access Journals (Sweden)

    Honglin Xu

    2014-01-01

    Full Text Available Loading and contact stress distribution on the thread teeth in tubing and casing premium threaded connections are of great importance for design optimization, pretightening force control, and thread failure prevention. This paper proposes an analytical method based on the elastic mechanics. This is quite different from other papers, which mainly rely on finite element analysis. The differential equation of load distribution on the thread teeth was established according to equal pitch of the engaged thread after deformation and solved by finite difference method. Furthermore, the relation between load acting on each engaged thread and mean contact stress on its load flank is set up based on the geometric description of thread surface. By comparison, this new analytical method with the finite element analysis for a modified API 177.8 mm premium threaded connection is approved. Comparison of the contact stress on the last engaged thread between analytical model and FEM shows that the accuracy of analytical model will decline with the increase of pretightening force after the material enters into plastic deformation. However, the analytical method can meet the needs of engineering to some extent because its relative error is about 6.2%~18.1% for the in-service level of pretightening force.

  12. Fuzzy-probabilistic multi agent system for breast cancer risk assessment and insurance premium assignment.

    Science.gov (United States)

    Tatari, Farzaneh; Akbarzadeh-T, Mohammad-R; Sabahi, Ahmad

    2012-12-01

    In this paper, we present an agent-based system for distributed risk assessment of breast cancer development employing fuzzy and probabilistic computing. The proposed fuzzy multi agent system consists of multiple fuzzy agents that benefit from fuzzy set theory to demonstrate their soft information (linguistic information). Fuzzy risk assessment is quantified by two linguistic variables of high and low. Through fuzzy computations, the multi agent system computes the fuzzy probabilities of breast cancer development based on various risk factors. By such ranking of high risk and low risk fuzzy probabilities, the multi agent system (MAS) decides whether the risk of breast cancer development is high or low. This information is then fed into an insurance premium adjuster in order to provide preventive decision making as well as to make appropriate adjustment of insurance premium and risk. This final step of insurance analysis also provides a numeric measure to demonstrate the utility of the approach. Furthermore, actual data are gathered from two hospitals in Mashhad during 1 year. The results are then compared with a fuzzy distributed approach.

  13. Does debt ceiling and government shutdown help in forecasting the us equity risk premium?

    Directory of Open Access Journals (Sweden)

    Aye Goodness C.

    2016-01-01

    Full Text Available This article evaluates the predictability of the equity risk premium in the United States by comparing the individual and complementary predictive power of macroeconomic variables and technical indicators using a comprehensive set of 16 economic and 14 technical predictors over a monthly out-ofsample period of 1995:01 to 2012:12 and an in-sample period of 1986:01- 1994:12. In order to do so we consider, in addition to the set of variables used in Christopher J. Neely et al. (2013 and using a more recent dataset, the forecasting ability of two other important variables namely government shutdown and debt ceiling. Our results show that one of the newly added variables namely government shutdown provides statistically significant out-of-sample predictive power over the equity risk premium relative to the historical average. Most of the variables, including government shutdown, also show significant economic gains for a risk averse investor especially during recessions.

  14. THE INFLUENCE OF HYSTERESIS IN CONSUMER’S BEHAVIOUR FOR PREMIUM PRICE EVALUATION

    Directory of Open Access Journals (Sweden)

    Evgeny KRYUKOV

    2014-10-01

    Full Text Available The paper deals with an example of the manifestation of the hysteresis in consumers’ behaviour for the Latvian company operating on the market closest to oligopoly and having a local brand name. Based on the quota sample of 332 company stores consumers, their loyalty, willingness to pay for domestic cosmetic products and the propensity to buy habitual products were evaluated. In the survey the unfolding bracketing procedure is used. It is shown that the relationship between the number of loyal consumers and the product price depends on the price increase or decrease and has the form of a hysteresis loop. The width of the hysteresis loop depends on the pricing of a competing company. The range of the premium prices bringing a positive economic impact is determined. The obtained results confirm a considerable influence of the hysteresis effect on consumers’ sensitivity to price changes. The findings can be useful for managers in evaluating a possible revenue growth connected with the premium pricing strategy.

  15. COAL DERIVED MATRIX PITCHES FOR CARBON-CARBON COMPOSITE MANUFACTURE/PRODUCTION OF FIBERS AND COMPOSITES FROM COAL-BASED PRECURSORS

    Energy Technology Data Exchange (ETDEWEB)

    Peter G. Stansberry; John W. Zondlo

    2001-07-01

    The Consortium for premium Carbon Products from Coal, with funding from the US Department of Energy, National Energy Technology Laboratory continue with the development of innovative technologies that will allow coal or coal-derived feedstocks to be used in the production of value-added carbon materials. In addition to supporting eleven independent projects during budget period 3, three meetings were held at two separate locations for the membership. The first was held at Nemacolin Woodlands Resort on May 15-16, 2000. This was followed by two meetings at Penn State, a tutorial on August 11, 2000 and a technical progress meeting on October 26-27.

  16. Fuel cells:

    DEFF Research Database (Denmark)

    Sørensen, Bent

    2013-01-01

    A brief overview of the progress in fuel cell applications and basic technology development is presented, as a backdrop for discussing readiness for penetration into the marketplace as a solution to problems of depletion, safety, climate or environmental impact from currently used fossil and nucl......A brief overview of the progress in fuel cell applications and basic technology development is presented, as a backdrop for discussing readiness for penetration into the marketplace as a solution to problems of depletion, safety, climate or environmental impact from currently used fossil...... and nuclear fuel-based energy technologies....

  17. Increasing Biofuel Deployment and Utilization through Development of Renewable Super Premium: Infrastructure Assessment

    Energy Technology Data Exchange (ETDEWEB)

    Moriarty, K.; Kass, M.; Theiss, T.

    2014-11-01

    A high octane fuel and specialized vehicle are under consideration as a market opportunity to meet federal requirements for renewable fuel use and fuel economy. Infrastructure is often cited as a barrier for the introduction of a new fuel. This report assesses infrastructure readiness for E25 (25% ethanol; 75% gasoline) and E25+ (more than 25% ethanol). Both above-ground and below-ground equipment are considered as are the current state of stations, codes and regulations, and materials compatibility.

  18. Direct Carbon Fuel Cell System Utilizing Solid Carbonaceous Fuels

    Energy Technology Data Exchange (ETDEWEB)

    Turgut Gur

    2010-04-30

    This 1-year project has achieved most of its objective and successfully demonstrated the viability of the fluidized bed direct carbon fuel cell (FB-DCFC) approach under development by Direct Carbon technologies, LLC, that utilizes solid carbonaceous fuels for power generation. This unique electrochemical technology offers high conversion efficiencies, produces proportionately less CO{sub 2} in capture-ready form, and does not consume or require water for gasification. FB-DCFC employs a specialized solid oxide fuel cell (SOFC) arrangement coupled to a Boudouard gasifier where the solid fuel particles are fluidized and reacted by the anode recycle gas CO{sub 2}. The resulting CO is electrochemically oxidized at the anode. Anode supported SOFC structures employed a porous Ni cermet anode layer, a dense yttria stabilized zirconia membrane, and a mixed conducting porous perovskite cathode film. Several kinds of untreated solid fuels (carbon and coal) were tested in bench scale FBDCFC prototypes for electrochemical performance and stability testing. Single cells of tubular geometry with active areas up to 24 cm{sup 2} were fabricated. The cells achieved high power densities up to 450 mW/cm{sup 2} at 850 C using a low sulfur Alaska coal char. This represents the highest power density reported in the open literature for coal based DCFC. Similarly, power densities up to 175 mW/cm{sup 2} at 850 C were demonstrated with carbon. Electrical conversion efficiencies for coal char were experimentally determined to be 48%. Long-term stability of cell performance was measured under galvanostatic conditions for 375 hours in CO with no degradation whatsoever, indicating that carbon deposition (or coking) does not pose any problems. Similar cell stability results were obtained in coal char tested for 24 hours under galvanostatic conditions with no sign of sulfur poisoning. Moreover, a 50-cell planar stack targeted for 1 kW output was fabricated and tested in 95% CO (balance CO{sub 2

  19. Bayesian Statistics in Adjustment of Premium%贝叶斯方法在调整保险费率中的应用

    Institute of Scientific and Technical Information of China (English)

    陈正; 汪飞飞

    2012-01-01

    Adjustment of premium by the situation of the market management is very important for the in- surance company. This paper illustrates Bayesian premium adjusted method by using example analyzes the feasibility of premium valuation under Bayesian premium adjusted method. Both method and conclusions could be applied in small sample premium valuation of non-life insurance practice.%根据市场经营情况适时调整保险费系统对保险公司至关重要。对贝叶斯调整保险费方法进行阐述,运用实例分析说明贝叶斯调整保险费方法估计保险费率的可行性。本文的方法和结论可运用于非寿险实务中小样本数据的保险费估计工作。

  20. Penalty for Fuel Economy - System Level Perspectives on the Reliability of Hybrid Electric Vehicles During Normal and Graceful Degradation Operation

    Science.gov (United States)

    2008-08-27

    the issue of system level reliability in hybrid electric vehicles from a quantitative point of view. It also introduces a quantitative meaning to the...internal combustion engine based vehicle and later transition of those to hybrid electric vehicles . The paper intends to drive the point that in HEV...Generally people tend to think only in terms of fuel economy and additional cost premium on vehicle price while discussing about hybrid electric

  1. Fuel cells

    Directory of Open Access Journals (Sweden)

    D. N. Srivastava

    1962-05-01

    Full Text Available The current state of development of fuel cells as potential power sources is reviewed. Applications in special fields with particular reference to military requirements are pointed out.

  2. Future Fuels

    Science.gov (United States)

    2006-04-01

    Storage Devices, Fuel Management, Gasification, Fischer-Tropsch, Syngas , Hubberts’s Peak UNCLAS UNCLAS UNCLAS UU 80 Dr. Sujata Millick (703) 696...prices ever higher, and perhaps lead to intermittent fuel shortages as production fluctuates. Clearly, this competition for resources also provides oil...producers multiple options for selling their products, and raises the possibility that the US could face shortages resulting from shifts in

  3. 29 CFR 778.203 - Premium pay for work on Saturdays, Sundays, and other “special days”.

    Science.gov (United States)

    2010-07-01

    ... DIVISION, DEPARTMENT OF LABOR STATEMENTS OF GENERAL POLICY OR INTERPRETATION NOT DIRECTLY RELATED TO REGULATIONS OVERTIME COMPENSATION Payments That May Be Excluded From the âRegular Rateâ Extra Compensation... section 7(e)(6) and 7(h) of the Act, extra compensation provided by a Premium rate of at least time...

  4. 77 FR 19522 - Federal Employees Health Benefits Program: New Premium Rating Method for Most Community Rated Plans

    Science.gov (United States)

    2012-04-02

    ... Benefits Program: New Premium Rating Method for Most Community Rated Plans AGENCY: U.S. Office of Personnel... Personnel Management is issuing a final regulation to establish a new rate-setting procedure for most FEHB... published June 29, 2011 that replaced the current rate negotiation process with a requirement that...

  5. 76 FR 36857 - Federal Employees Health Benefits Program: New Premium Rating Method for Most Community Rated Plans

    Science.gov (United States)

    2011-06-23

    ...;having general applicability and legal effect, most of which are keyed #0;to and codified in the Code of... Premium Rating Method for Most Community Rated Plans AGENCY: U.S. Office of Personnel Management. ACTION... most FEHB plans that are subject to community rating. Currently, a carrier's rates for its...

  6. 26 CFR 1.264-1 - Premiums on life insurance taken out in a trade or business.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 3 2010-04-01 2010-04-01 false Premiums on life insurance taken out in a trade... taxpayer on a life insurance policy are not deductible from the taxpayer's gross income, even though they would otherwise be deductible as trade or business expenses, if they are paid on a life insurance...

  7. 19 CFR 24.16 - Overtime services; overtime compensation and premium pay for Customs Officers; rate of compensation.

    Science.gov (United States)

    2010-04-01

    ... maximum, in effect for the year involved, in overtime and premium pay a Customs Officer shall receive in... no overtime earning limitation based on this annuity integrity provision would apply. Waivers... duty starting at 8 p.m. on the Thursday holiday and ending at 4 a.m. on Friday—the management...

  8. Farmgate private standards and price premium: evidence from the GlobalGAP scheme in Kenya's French beans marketing

    NARCIS (Netherlands)

    Kariuki, I.M.; Loy, J.P.; Herzfeld, T.

    2012-01-01

    The proliferation of private quality and assurance schemes in international trade is defining market access in high value chains. The prime concern for small-scale producers is whether price premiums are realizable due to compliance. Using French beans marketing, the authors find that GlobalGAP cert

  9. The Structural Stability of a One-Day Risk Premium in View of the Recent Financial Crisis

    Directory of Open Access Journals (Sweden)

    Krzysztof DRACHAL

    2015-07-01

    Full Text Available The aim of this research is to analyze a short-term risk premium in Poland between 2005 and 2015. In particular one-day periods are considered. It is studies whether the same GARCH type model can be applied for the whole period, or whether the estimated parameters differ significantly for selected sub-periods.

  10. Consumers Buy Lower-Cost Plans On Covered California, Suggesting Exposure To Premium Increases Is Less Than Commonly Reported.

    Science.gov (United States)

    Gabel, Jon R; Arnold, Daniel R; Fulton, Brent D; Stromberg, Sam T; Green, Matthew; Whitmore, Heidi; Scheffler, Richard M

    2017-01-01

    With the notable exception of California, states have not made enrollment data for their Affordable Care Act (ACA) Marketplace plans publicly available. Researchers thus have tracked premium trends by calculating changes in the average price for plans offered (a straight average across plans) rather than for plans purchased (a weighted average). Using publicly available enrollment data for Covered California, we found that the average purchased price for all plans was 11.6 percent less than the average offered price in 2014, 13.2 percent less in 2015, and 15.2 percent less in 2016. Premium growth measured by plans purchased was roughly 2 percentage points less than when measured by plans offered in 2014-15 and 2015-16. We observed shifts in consumer choices toward less costly plans, both between and within tiers, and we estimate that a $100 increase in a plan's net annual premium reduces its probability of selection. These findings suggest that the Marketplaces are helping consumers moderate premium cost growth. Project HOPE—The People-to-People Health Foundation, Inc.

  11. 26 CFR 1.72-8 - Effect of certain employer contributions with respect to premiums or other consideration paid or...

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 2 2010-04-01 2010-04-01 false Effect of certain employer contributions with respect to premiums or other consideration paid or contributed by an employee. 1.72-8 Section 1.72-8...) INCOME TAXES (CONTINUED) Items Specifically Included in Gross Income § 1.72-8 Effect of certain...

  12. Liquid Tin Anode Direct Coal Fuel Cell Final Program Report

    Energy Technology Data Exchange (ETDEWEB)

    Tao, Thomas

    2012-01-26

    This SBIR program will result in improved LTA cell technology which is the fundamental building block of the Direct Coal ECL concept. As described below, ECL can make enormous efficiency and cost contributions to utility scale coal power. This program will improve LTA cells for small scale power generation. As described in the Commercialization section, there are important intermediate military and commercial markets for LTA generators that will provide an important bridge to the coal power application. The specific technical information from this program relating to YSZ electrolyte durability will be broadly applicable SOFC developers working on coal based SOFC generally. This is an area about which very little is currently known and will be critical for successfully applying fuel cells to coal power generation.

  13. A toy story: Association between young children's knowledge of fast food toy premiums and their fast food consumption.

    Science.gov (United States)

    Longacre, Meghan R; Drake, Keith M; Titus, Linda J; Cleveland, Lauren P; Langeloh, Gail; Hendricks, Kristy; Dalton, Madeline A

    2016-01-01

    Fast food restaurants spend millions of dollars annually on child-targeted marketing, a substantial portion of which is allocated to toy premiums for kids' meals. The objectives of this study were to describe fast food toy premiums, and examine whether young children's knowledge of fast food toy premiums was associated with their fast food consumption. Parents of 3- to 5-year old children were recruited from pediatric and WIC clinics in Southern New Hampshire, and completed a cross-sectional survey between April 2013-March 2014. Parents reported whether their children usually knew what toys were being offered at fast food restaurants, and whether children had eaten at any of four restaurants that offer toy premiums with kids' meals (McDonald's, Burger King, Subway, Wendy's) during the 7 days preceding the survey. Seventy-one percent of eligible parents participated (N = 583); 48.4% did not receive any education beyond high school, and 27.1% of children were non-white. Half (49.7%) the children had eaten at one or more of the four fast food restaurants in the past week; one-third (33.9%) had eaten at McDonald's. The four restaurants released 49 unique toy premiums during the survey period; McDonald's released half of these. Even after controlling for parent fast food consumption and sociodemographics, children were 1.38 (95% CI = 1.04, 1.82) times more likely to have consumed McDonald's if they usually knew what toys were offered by fast food restaurants. We did not detect a relationship between children's toy knowledge and their intake of fast food from the other restaurants. In this community-based sample, young children's knowledge of fast food toys was associated with a greater frequency of eating at McDonald's, providing evidence in support of regulating child-directed marketing of unhealthy foods using toys.

  14. Trends in the Use of Premium and Discount Cigarette Brands: Findings from the ITC US Surveys (2002–2011)

    Science.gov (United States)

    Cornelius, Monica E.; Driezen, Pete; Fong, Geoffrey T.; Chaloupka, Frank J.; Hyland, Andrew; Bansal-Travers, Maansi; Carpenter, Matthew J.; Cummings, K. Michael

    2014-01-01

    Objective The purpose of this paper was to examine trends in the use of premium and discount cigarette brands and determine correlates of type of brand used and brand switching. Methods Data from the International Tobacco Control (ITC) US adult smoker cohort survey were analyzed. The total study sample included 6669 adult cigarette smokers recruited and followed from 2002 to 2011 over eight different survey waves. Each survey wave included an average of 1700 smokers per survey with replenishment of those lost to follow-up. Results Over the eight survey waves, a total of 260 different cigarette brands were reported by smokers, of which 17% were classified as premium and 83% as discount brands. Marlboro, Newport, and Camel were the most popular premium brands reported by smokers in our sample over all eight survey waves. The percentage of smokers using discount brands increased between 2002 and 2011, with a marked increase in brand switching from premium to discount cigarettes observed after 2009 corresponding to the $0.61 increase in the federal excise tax on cigarettes. Cigarette brand preferences varied by age group and income levels with younger, higher income smokers more likely to report smoking premium brand cigarettes, while older, middle and lower income, heavier smokers were more likely to report using discount brands. Conclusions Our data suggest that demographic and smoking trends favor the continued growth of low priced cigarette brands. From a tobacco control perspective, the findings from this study suggest that governments should consider enacting stronger minimum pricing laws in order to keep the base price of cigarettes high, since aggressive price marketing will likely continue to be used by manufacturers to compete for the shrinking pool of remaining smokers in the population. PMID:24092600

  15. Trends in the use of premium and discount cigarette brands: findings from the ITC US Surveys (2002-2011).

    Science.gov (United States)

    Cornelius, Monica E; Driezen, Pete; Fong, Geoffrey T; Chaloupka, Frank J; Hyland, Andrew; Bansal-Travers, Maansi; Carpenter, Matthew J; Cummings, K Michael

    2014-03-01

    The purpose of this paper was to examine trends in the use of premium and discount cigarette brands and determine correlates of type of brand used and brand switching. Data from the International Tobacco Control (ITC) US adult smoker cohort survey were analysed. The total study sample included 6669 adult cigarette smokers recruited and followed from 2002 to 2011 over eight different survey waves. Each survey wave included an average of 1700 smokers per survey with replenishment of those lost to follow-up. Over the eight survey waves, a total of 260 different cigarette brands were reported by smokers, of which 17% were classified as premium and 83% as discount brands. Marlboro, Newport, and Camel were the most popular premium brands reported by smokers in our sample over all eight survey waves. The percentage of smokers using discount brands increased between 2002 and 2011, with a marked increase in brand switching from premium to discount cigarettes observed after 2009 corresponding to the $0.61 increase in the federal excise tax on cigarettes. Cigarette brand preferences varied by age group and income levels with younger, higher income smokers more likely to report smoking premium brand cigarettes, while older, middle and lower income, heavier smokers were more likely to report using discount brands. Our data suggest that demographic and smoking trends favour the continued growth of low priced cigarette brands. From a tobacco control perspective, the findings from this study suggest that governments should consider enacting stronger minimum pricing laws in order to keep the base price of cigarettes high, since aggressive price marketing will likely continue to be used by manufacturers to compete for the shrinking pool of remaining smokers in the population.

  16. Erosion of Premium Connection Cross-over Joint in Solid-liquid Flow

    Directory of Open Access Journals (Sweden)

    Zhao Yong’an

    2015-01-01

    Full Text Available Hydraulic fracturing is a new technique which is used in oil yield to maximize its own production. The pumping of fracturing slurry flow through tubing collar can cause considerable mass loss of inner surface materials. This may pose a significantly potential risk even a well loss. Especially, the erosion phenomenon is particularly serious in the structure of variable diameter. Numerical simulation in this paper was used to get particle impact parameters, and it is combined with jet experiments to find out the main factors of BG-13Cr mass loss. Finally, the equation with experimental data was applied to predict erosion rate of premium connection cross-over joint inner wall.

  17. The Compound Binomial Risk Model with Randomly Charging Premiums and Paying Dividends to Shareholders

    Directory of Open Access Journals (Sweden)

    Xiong Wang

    2013-01-01

    Full Text Available Based on characteristics of the nonlife joint-stock insurance company, this paper presents a compound binomial risk model that randomizes the premium income on unit time and sets the threshold for paying dividends to shareholders. In this model, the insurance company obtains the insurance policy in unit time with probability and pays dividends to shareholders with probability when the surplus is no less than . We then derive the recursive formulas of the expected discounted penalty function and the asymptotic estimate for it. And we will derive the recursive formulas and asymptotic estimates for the ruin probability and the distribution function of the deficit at ruin. The numerical examples have been shown to illustrate the accuracy of the asymptotic estimations.

  18. How a new 'public plan' could affect hospitals' finances and private insurance premiums.

    Science.gov (United States)

    Dobson, Allen; DaVanzo, Joan E; El-Gamil, Audrey M; Berger, Gregory

    2009-01-01

    Two key health reform bills in the House of Representatives and Senate include the option of a "public plan" as an additional source of health coverage. At least initially, the plan would primarily be structured to cover many of the uninsured and those who now have individual coverage. Because it is possible, and perhaps even likely, that this new public payer would pay less than private payers for the same services, such a plan could negatively affect hospital margins. Hospitals may attempt to recoup losses by shifting costs to private payers. We outline the financial pressures that hospitals and private payers could experience under various assumptions. High uninsured enrollment in a public plan would bolster hospital margins; however, this effect is reversed if the privately insured enter a public plan in large proportions, potentially stressing the hospital industry and increasing private insurance premiums.

  19. A guide to understanding the variation in premiums in rural health insurance marketplaces.

    Science.gov (United States)

    Barker, Abigail R; McBride, Timothy D; Kemper, Leah M; Mueller, Keith

    2014-05-01

    Key Findings. (1) State-level decisions in implementing the Patient Protection and Affordable Care Act of 2010 (ACA) have led to significant state variation in the design of Health Insurance Marketplace (HIM) rating areas. In some designs, rural counties are grouped together, while in others, rural and urban counties have been deliberately mixed. (2) Urban counties have, on average, approximately one more firm participating in the marketplaces, representing about 11 more plan offerings, than rural counties have. (3) The highest-valued "platinum" plan types are less likely to be available in rural areas. Thus, the overall mix of plan types should be factored into the reporting of average premiums. (4) Levels of competition are likely to have a greater impact on the decisions of firms considering whether to operate in higher-cost areas or not, as those firms must determine how they can pass such costs on to consumers, conditional on the market share they are likely to control.

  20. ENSEIGNEMENT TECHNIQUE : Programmation automate Schneider TSX Premium 2ème niveau - French version only

    CERN Multimedia

    2003-01-01

    If you wish to participate in one of the following courses, please discuss with your supervisor and apply electronically directly from the course description pages that can be found on the Web at: http://www.cern.ch/Training/ or fill in an "application for training" form available from your Divisional Secretariat or from your DTO (Divisional Training Officer). Applications will be accepted in the order of their receipt. ENSEIGNEMENT TECHNIQUE Monique Duval Tel./Tél. 74924 technical.training@cern.ch CERN Technical Training 2003: Learning for the LHC ! Annonce de nouvelle formation - cours avancé Dans le cadre du programme de l'Enseignement Technique 2003, et en collaboration avec le GUAPI (Groupe des Utilisateurs d'Automates Programmables Industriels du CERN), une nouvelle formation a été organisée afin de perfectionner les connaissances sur l'outil PL7 de programmation des Automates PREMIUM de Schneider. Ce nouveau cours (niveau 2) s'...

  1. TECHNICAL TRAINING: Programmation automate Schneider TSX Premium 2ème niveau - French version only

    CERN Multimedia

    2003-01-01

    If you wish to participate in one of the following courses, please discuss with your supervisor and apply electronically directly from the course description pages that can be found on the Web at: http://www.cern.ch/Training/ or fill in an "application for training" form available from your Divisional Secretariat or from your DTO (Divisional Training Officer). Applications will be accepted in the order of their receipt. TECHNICAL TRAINING Monique Duval tel. 74924 technical.training@cern.ch CERN Technical Training 2003: Learning for the LHC ! Annonce de nouvelle formation - cours avancé Dans le cadre du programme de l'Enseignement Technique 2003, et en collaboration avec le GUAPI (Groupe des Utilisateurs d'Automates Programmables Industriels du CERN), une nouvelle formation a été organisée afin de perfectionner les connaissances sur l'outil PL7 de programmation des Automates PREMIUM de Schneider. Ce nouveau cours (niveau 2) s'adresse aux person...

  2. The development of coal-based technologies for Department of Defense facilities. Technical progress report, September 1995 - March 1996

    Energy Technology Data Exchange (ETDEWEB)

    Miller, B.G.; Pisupati, S.V.; Scaroni, A.W. [and others

    1996-10-01

    The U.S. Department of Defense (DOD), through an Interagency Agreement with the U.S. Department of Energy (DOE), has initiated a three-phase program with the Consortium for Coal-Water Slurry Fuel Technology, with the aim of decreasing DOD`s reliance on imported oil by increasing its use of coal. The program is being conducted as a cooperative agreement between the Consortium and DOE. Activities this reporting period are summarized by phase. During this reporting period, the Phase I final report was completed. Work in Phase II focused on emissions reductions, coal beneficiation/preparation studies, and economic analyses of coal use. Emissions reductions investigations included completing a study to identify appropriate SO{sub 2} and NO{sub x} control technologies for coal-fired industrial boilers. In addition, work continued on the design of a ceramic filtering device for installation on the demonstration boiler. The ceramic filtering device will be used to demonstrate a smaller and more efficient filtering device for retrofit applications. Work related to coal preparation and utilization, and the economic analysis was primarily focused on preparing the final report. Work in Phase III focused on coal preparation studies and economic analyses of coal use. Coal preparation studies were focused on continuing activities on particle size control, physical separations, surface-based separation processes, and dry processing. The economic study focused on community sensitivity to coal usage, regional economic impacts of new coal utilization technologies, and constructing a national energy portfolio.

  3. Solar fuels

    Energy Technology Data Exchange (ETDEWEB)

    Bolton, J.R.

    1978-11-17

    The paper is concerned with (1) the thermodynamic and kinetic limits for the photochemical conversion and storage of solar energy as it is received on the earth's surface, and (2) the evaluation of a number of possible photochemical reactions with particular emphasis on the production of solar hydrogen from water. Procedures for generating hydrogen fuel are considered. Topics examined include the general requirements for a fuel-generation reaction, the photochemical reaction, limits on the conversion of light energy to chemical energy, an estimate of chemical storage efficiency, and the water decomposition reaction.

  4. 煤基合成气一步制备高纯度二甲醚的全流程建模与模拟%Modeling and Simulation of Production Process on Dimethyl Ether Synthesized from Coal-based Syngas by One-step Method

    Institute of Scientific and Technical Information of China (English)

    韩嫒嫒; 张海涛; 应卫勇; 房鼎业

    2009-01-01

    As a result of shortage supply of oil resources, the process for the alternative coal-based fuel, dimethyl ether (DME), has emerged as an important process in chemical engineering field. With the laboratory experiment data about DME synthesis and separation, the production process for DME with high purity is proposed when one-step synthesis of DME in slurry bed reactor from syngas is adopted. On the basis of experimental research and process analysis, the proper unit modules and thermophysical calculation methods for the simulation process are selected. Incorporated the experimentally determined parameters of reaction dynamic model for DME synthesis, regression constants of parameters in non-random two-liquid equation (NRTL) model for binary component in DME separation system with built-in properties model, the process flowsheet is developed and simulated on the Aspen Plus platform. The simulation results coincide well with data obtained in laboratory experiment. Accordingly, the accurate simulation results offer useful references to similar equipment design and process operation optimization.

  5. Fuel Cells

    Science.gov (United States)

    Hawkins, M. D.

    1973-01-01

    Discusses the theories, construction, operation, types, and advantages of fuel cells developed by the American space programs. Indicates that the cell is an ideal small-scale power source characterized by its compactness, high efficiency, reliability, and freedom from polluting fumes. (CC)

  6. Transport fuel

    DEFF Research Database (Denmark)

    Ronsse, Frederik; Jørgensen, Henning; Schüßler, Ingmar

    2014-01-01

    Worldwide, the use of transport fuel derived from biomass increased four-fold between 2003 and 2012. Mainly based on food resources, these conventional biofuels did not achieve the expected emission savings and contributed to higher prices for food commod - ities, especially maize and oilseeds...

  7. Evaluation of wood residues from Crete as alternative fuels

    Directory of Open Access Journals (Sweden)

    D. Vamvuka, G. Bandelis

    2010-07-01

    Full Text Available Olive and citrus prunings, the main agricultural residues of Crete, are considered to be of premium importance for local energy production, substituting a large part of conventional fuels. The thermal behaviour of these fuels during combustion was studied by thermogravimetry, at non-isothermal heating conditions. Fly ashes were collected from tests in a lab-scale fluidized bed facility. The effect of the inorganic constituents of the fuels on slagging/fouling and agglomeration propensities, as well as environmental pollution was examined. Kinetic models were developed and reaction rates were determined. The agroresidues studied were characterized as good quality fuels, having high volatile and low ash and sulphur contents. Their ash was rich in Ca, Si, K and P minerals. However, fly ashes were poorer in alkali compounds, implying lower deposition and corrosion problems in boilers. The environmental impact of heavy metals is negligible. The thermochemical reactivity of the two fuels in air was very similar. A power low model fitted the experimental results accurately.

  8. US fossil fuel technologies for Thailand

    Energy Technology Data Exchange (ETDEWEB)

    Buehring, W.A.; Dials, G.E.; Gillette, J.L.; Szpunar, C.B.; Traczyk, P.A.

    1990-10-01

    The US Department of Energy has been encouraging other countries to consider US coal and coal technologies in meeting their future energy needs. Thailand is one of three developing countries determined to be a potentially favorable market for such exports. This report briefly profiles Thailand with respect to population, employment, energy infrastructure and policies, as well as financial, economic, and trade issues. Thailand is shifting from a traditionally agrarian economy to one based more strongly on light manufacturing and will therefore require increased energy resources that are reliable and flexible in responding to anticipated growth. Thailand has extensive lignite deposits that could fuel a variety of coal-based technologies. Atmospheric fluidized-bed combustors could utilize this resource and still permit Thailand to meet emission standards for sulfur dioxide. This option also lends itself to small-scale applications suitable for private-sector power generation. Slagging combustors and coal-water mixtures also appear to have potential. Both new construction and refurbishment of existing plants are planned. 18 refs., 3 figs., 7 tabs.

  9. SOLID STATE ENERGY CONVERSION ALLIANCE DELPHI SOLID OXIDE FUEL CELL

    Energy Technology Data Exchange (ETDEWEB)

    Steven Shaffer; Sean Kelly; Subhasish Mukerjee; David Schumann; Gail Geiger; Kevin Keegan; John Noetzel; Larry Chick

    2003-12-08

    The objective of Phase I under this project is to develop a 5 kW Solid Oxide Fuel Cell power system for a range of fuels and applications. During Phase I, the following will be accomplished: Develop and demonstrate technology transfer efforts on a 5 kW stationary distributed power generation system that incorporates steam reforming of natural gas with the option of piped-in water (Demonstration System A). Initiate development of a 5 kW system for later mass-market automotive auxiliary power unit application, which will incorporate Catalytic Partial Oxidation (CPO) reforming of gasoline, with anode exhaust gas injected into an ultra-lean burn internal combustion engine. This technical progress report covers work performed by Delphi from January 1, 2003 to June 30, 2003, under Department of Energy Cooperative Agreement DE-FC-02NT41246. This report highlights technical results of the work performed under the following tasks: Task 1 System Design and Integration; Task 2 Solid Oxide Fuel Cell Stack Developments; Task 3 Reformer Developments; Task 4 Development of Balance of Plant (BOP) Components; Task 5 Manufacturing Development (Privately Funded); Task 6 System Fabrication; Task 7 System Testing; Task 8 Program Management; and Task 9 Stack Testing with Coal-Based Reformate.

  10. Biodiversity, bioaccumulation and physiological changes in lichens growing in the vicinity of coal-based thermal power plant of Raebareli district, north India.

    Science.gov (United States)

    Bajpai, Rajesh; Upreti, Dalip K; Nayaka, S; Kumari, B

    2010-02-15

    The lichen diversity assessment carried out around a coal-based thermal power plant indicated the increase in lichen abundance with the increase in distance from power plant in general. The photosynthetic pigments, protein and heavy metals were estimated in Pyxine cocoes (Sw.) Nyl., a common lichen growing around thermal power plant for further inference. Distributions of heavy metals from power plant showed positive correlation with distance for all directions, however western direction has received better dispersion as indicated by the concentration coefficient-R(2). Least significant difference analysis showed that speed of wind and its direction plays a major role in dispersion of heavy metals. Accumulation of Al, Cr, Fe, Pb and Zn in the thallus suppressed the concentrations of pigments like chlorophyll a, chlorophyll b and total chlorophyll, however, enhanced the level of protein. Further, the concentrations of chlorophyll contents in P. cocoes increased with the decreasing the distance from the power plant, while protein, carotenoid and phaeophytisation exhibited significant decrease.

  11. 煤制烯烃混合碳四的利用探讨%The Utilization of Coal-based Mixed C4

    Institute of Scientific and Technical Information of China (English)

    姜涛; 兰秀菊

    2011-01-01

    煤制烯烃的重要副产品是混合碳四.通过对煤基混合碳四中主要成分丁烯-1和丁烯-2的用途讨论,综述了利用其生产石油树脂、乙烯、丙烯、丁烯-1、己烯-1、甲乙酮、聚丁烯-1,2-丙基庚醇等不同反应途径的工艺流程、反应原理及工业化进程.得出其最有前途的利用方向是生产丁烯-1、己烯-1、聚丁烯-1、2-丙基庚醇.%The utilization of 1-Butene and 2-Butene which are the major components of the coal-based mixed C4′s was discussed in this paper. Some conclusions were reached, i.e. they can be used to produce resin, ethylene, propylene,1-Butene, 1-hexylene, methyl-ethyl ketone, poly( 1-butene)resin or 2-propyheptanol products. Especially ,they are used to produce 1-Butene, 1-hexylene, poly( 1-butene)resin or 2-propyheptanol products.

  12. Adsorptive removal of hydrophobic organic compounds by carbonaceous adsorbents: a comparative study of waste-polymer-based, coal-based activated carbon, and carbon nanotubes.

    Science.gov (United States)

    Lian, Fei; Chang, Chun; Du, Yang; Zhu, Lingyan; Xing, Baoshan; Liu, Chang

    2012-01-01

    Adsorption of the hydrophobic organic compounds (HOCs) trichloroethylene (TCE), 1,3-dichlorobenzene (DCB), 1,3-dinitrobenzene (DNB) and gamma-hexachlorocyclohexane (HCH) on five different carbonaceous materials was compared. The adsorbents included three polymer-based activated carbons, one coal-based activated carbon (F400) and multiwalled carbon nanotubes (MWNT). The polymer-based activated carbons were prepared using KOH activation from waste polymers: polyvinyl chloride (PVC), polyethyleneterephthalate (PET) and tire rubber (TR). Compared with F400 and MWNT, activated carbons derived from PVC and PET exhibited fast adsorption kinetics and high adsorption capacity toward the HOCs, attributed to their extremely large hydrophobic surface area (2700 m2/g) and highly mesoporous structures. Adsorption of small-sized TCE was stronger on the tire-rubber-based carbon and F400 resulting from the pore-filling effect. In contrast, due to the molecular sieving effect, their adsorption on HCH was lower. MWNT exhibited the lowest adsorption capacity toward HOCs because of its low surface area and characteristic of aggregating in aqueous solution.

  13. Adsorptive removal of hydrophobic organic compounds by carbonaceous adsorbents: A comparative study of waste-polymer-based,coal-based activated carbon, and carbon nanotubes

    Institute of Scientific and Technical Information of China (English)

    Fei Lian; Chun Chang; Yang Du; Lingyan Zhu; Baoshan Xing; Chang Liu

    2012-01-01

    Adsorption of the hydrophobic organic compounds (HOCs) trichloroethylene (TCE),1,3-dichlorobenzene (DCB),1,3-dinitrobenzene (DNB) and γ-hexachlorocyclohexane (HCH) on five different carbonaceous materials was compared.The adsorbents included three polymer-based activated carbons,one coal-based activated carbon (F400) and multiwalled carbon nanotubes (MWNT).The polymerbased activated carbons were prepared using KOH activation from waste polymers:polyvinyl chloride (PVC),polyethyleneterephthalate (PET) and tire rubber (TR).Compared with F400 and MWNT,activated carbons derived from PVC and PET exhibited fast adsorption kinetics and high adsorption capacity toward the HOCs,attributed to their extremely large hydrophobic surface area (2700 m2/g) and highly mesoporous structures.Adsorption of small-sized TCE was stronger on the tire-rubber-based carbon and F400 resulting from the pore-filling effect.In contrast,due to the molecular sieving effect,their adsorption on HCH was lower.MWNT exhibited the lowest adsorption capacity toward HOCs because of its low surface area and characteristic of aggregating in aqueous solution.

  14. 基于随机控制的非寿险保费定价策略%Stochastic control in formulating non-life insurance premium strategies

    Institute of Scientific and Technical Information of China (English)

    王桂胜; 陈秉正

    2011-01-01

    该文探讨在完全竞争的保险市场条件下如何制定最佳非寿险保费策略,以促进非寿险保险公司的发展。主要运用随机最优控制理论,分别在采取期望最终财富和采取期望效用两种模式下,分析了在相对保费率设定和相机抉择设定下的非寿险保费定价策略,得到了一致的最优保费定价策略;并将该最优保费定价策略应用于简单目标函数分析。结果表明:最优保费定价策略是一致的;最优保费定价策略是要么制定一个很高的保费率,要么制定一个低于某一常数的相对保费率;最优保费率取决于平均损失率和市场平均保费等因素。%An optimal non-life insurance premium strategy in perfectly competitive insurance markets was developed for relative premium rate and trade-off specifications using stochastic control theory for two modes of the expected utility and expected final wealth.The consistent optimal premium strategy is applied to an empirical analysis of a simple objective function.The optimal premium strategy is shown to be consistent with the optimal premium strategy of whether to have a high premium rate or a relative premium rate less than a constant depends on the average loss rate and average market premium.

  15. Matrix of risk and premium for the developing of small hydropower projects; Matriz de risco e premio para o desenvolvimento de projetos de PCHs (Pequenas Centrais Hidroeletricas)

    Energy Technology Data Exchange (ETDEWEB)

    Santos, Afonso Henriques Moreira; Garcia, Marco Aurelio R.A.; Cruz, Ricardo A. Passos da

    2008-07-01

    The aim of this paper is to propose a method for valuation of assets of small hydroelectric plants in different stages of maturation. To this end, we adopted the principle of risk premium, associated with a portion of the profitability of the project (internal rate of return-IRR) in every stage of development. In other words: the more mature the project, the lower your risk and consequently lower the corresponding premium, adopting as a total prize the IRR expected to the project.

  16. Fuel control system for dual fuel engines

    Energy Technology Data Exchange (ETDEWEB)

    Helmich, M.J.; Ryan, W.P.; Marvin, D.H.

    1987-11-24

    A fuel governing system for an engine adapted for operation on a first fuel and a second fuel is described comprising: a first fuel governing system including a spontaneous motion metering means; and a second fuel governing system, the second fuel governing system further comprising: means for providing a first signal indicative of position of the first fuel metering means, which signal approximates total load on the engine, means for providing a second signal of the selected percentage of first fuel relative to total load, means for controlling flow of the second fuel to the engine, which flow causes reflective displacement of the first fuel metering means, means for determining the difference between the first signal and the second signal, which difference is indicative of distance the first fuel metering means must be moved to attain the selected percentage of first fuel relative to total load, and means for causing operation of the means for controlling flow of the second fuel to the engine to cause displacement of the first fuel metering means equal to the distance the first fuel metering means must be moved to attain the selected percentage of first fuel relative to total load.

  17. Country risk premium: theoretical determinants and empirical evidence for latin american countries

    Directory of Open Access Journals (Sweden)

    Selmo Aronovich

    1999-12-01

    Full Text Available This paper investigates the behavior of the country risk premium for Argentina, Brazil and Mexico, from June 1997 to September 1998. It shows that the level of country risk premium is determined by different factors: the US dollar bond market structure; restrictions on the acquisition of emerging market bonds imposed by developed nations regulators; the credit risk measured by the notion of implied risk-neutral probability default; the different ways agents react to country risk due to asymmetric and imperfect information. The empirical investigation shows: the worse the country credit rating, the greater is the impact on international borrowing cost, which implies that negative expectations have greater impact on lower rated Latin American nations' bonds; country risk yield spreads overreacted to changes in the US dollar interest rates in the sample period.Este artigo investiga o comportamento do conceito de prêmio de risco-país para Argentina, Brasil e México, de junho de 1997 até setembro de 1998. Mostra-se que tal prêmio é determinado pelos seguintes fatores: a estrutura do mercado de títulos de dívida em dólares norte-americanos; as restrições à aquisição de títulos de dívida impostas por agentes reguladores de países desenvolvidos; o risco de crédito mensurado pelo conceito de probabilidade de inadimplência risco-nêutra implícita; o modo como os agentes reagem à informação assimétrica ou imperfeita. A evidência empírica revela que: quanto pior a classificação de risco de crédito, maior é o impacto esperado sobre as condições de captação externa, implicando que expectativas desfavoráveis afetam de forma mais acentuada países com baixa classificação de crédito; o valor do spread representativo do risco-país mostrou-se superelástico à variação da taxa de juros de longo prazo do Tesouro norte-americano no período da amostra.

  18. FUNDAMENTAL INVESTIGATION OF FUEL TRANSFORMATIONS IN PULVERIZED COAL COMBUSTION AND GASIFICATION TECHNOLOGIES

    Energy Technology Data Exchange (ETDEWEB)

    Robert Hurt; Joseph Calo; Thomas H. Fletcher; Alan Sayre

    2005-04-29

    The goal of this project was to carry out the necessary experiments and analyses to extend current capabilities for modeling fuel transformations to the new conditions anticipated in next-generation coal-based, fuel-flexible combustion and gasification processes. This multi-organization, multi-investigator project has produced data, correlations, and submodels that extend present capabilities in pressure, temperature, and fuel type. The combined experimental and theoretical/computational results are documented in detail in Chapters 1-8 of this report, with Chapter 9 serving as a brief summary of the main conclusions. Chapters 1-3 deal with the effect of elevated pressure on devolatilization, char formation, and char properties. Chapters 4 and 5 deal with advanced combustion kinetic models needed to cover the extended ranges of pressure and temperature expected in next-generation furnaces. Chapter 6 deals with the extension of kinetic data to a variety of alternative solid fuels. Chapter 7 focuses on the kinetics of gasification (rather than combustion) at elevated pressure. Finally, Chapter 8 describes the integration, testing, and use of new fuel transformation submodels into a comprehensive CFD framework. Overall, the effects of elevated pressure, temperature, heating rate, and alternative fuel use are all complex and much more work could be further undertaken in this area. Nevertheless, the current project with its new data, correlations, and computer models provides a much improved basis for model-based design of next generation systems operating under these new conditions.

  19. Direct tests of the expectations theory of the term structure: Survey expectations, the term premium and coefficient biases

    OpenAIRE

    Smant, David / D.J.C.

    2010-01-01

    A common perception in the literature seems to be that the expectations theory of the term structure of interest rates (ET) is rejected by the empirical tests. However, the overall evidence across countries and time periods is actually mixed between frequent support and occasional rejection of the ET and requires careful interpretation. This paper builds on two premises. First, the general version of the expectations theory does not require a constant term premium. Second, contrary to the cla...

  20. Farmgate Private Standards and Price Premium: Evidence From the GlobalGAP Scheme in Kenya's French Beans Marketing

    OpenAIRE

    Kariuki, Isaac Maina; Loy, Jens-Peter; Herzfeld, Thomas

    2012-01-01

    The proliferation of private quality and assurance schemes in international trade is defining market access in high value chains. The prime concern for small-scale producers is whether price premiums are realizable due to compliance. Using French beans marketing, the authors find that GlobalGAP certification, produce traceability, number of suppliers, competition for supplies, direct procurement, a good road network, and supply contracts have positive farmgate price effects for smallholders. ...

  1. Customers’ buying behaviour   toward premium dog food brands -   A case study of Bozita Robur

    OpenAIRE

    Nilsson, Christofer; Liashchenko, Anastasiia; Andreasson, Rebecka

    2010-01-01

    Purpose: The purpose of this thesis is to contribute to knowledge of customers’ buying behaviour toward premium dog food by examining their brand associations and how these are shaped by using Bozita Robur as a case study. Background: Market for dog food has increased heavily during the last decades what made knowledge of underlying driving forces of dog food consumption crucial for dog food producers. Quite peculiar is a phenomenon of purchasing behaviour towards a product purchased but not ...

  2. THE INFLUENCE OF LINE EXTENSION STRATEGIES BY PREMIUM BRANDS ON BRAND EQUITY: CULTURAL DIFFERENCES BETWEEN GERMANY AND THAILAND

    Directory of Open Access Journals (Sweden)

    Florian Lukas SEIZER

    2017-05-01

    Full Text Available Premium markets are expected to outperform other markets throughout the near future. Thus these markets are of high importance for marketers, who already face challenges to manage premium brands due to the hazard of a possible dilution of user’s sense of exclusivity and pride. Premium brand managers must know when it is best to take a pass on short-term growth opportunities that could tarnish the brand's long-term health. Line extensions embody one of the most frequently used vehicles for growth to meet global consumer needs. Though they have advantages, also risks are associated with them. Consequently, the purpose of this study is to identify the influence of line extensions on brand equity in culturally different spheres. The study focuses on premium brands from the automotive industry and asks if and in how far different – vertical (different price & quality level and horizontal (same price & quality level – line extension strategies influence brand equity differently among cultures. A one group pre-test post-test research design is used to measure brand equity before and after an existing brand’s (hypothetical extension. A structured online survey with page logic collected primary data from four hundred students in Germany and Thailand recruited by a matched sampling technique. Culture has to be added to brand equity models as results show distinctive changes of brand equity for both Germany and Thailand. While after vertical downscale extensions, brand equity increases in Germany, it decreases in Thailand. Hence, the research results in managerial recommendations which assess if product policy strategies should be thought ‘regionally’ or ‘globally’.

  3. Kajian Eksperimental Perbandingan Performansi Mesin Otto Bahan Bakar Premium dengan Bahan Bakar LPG

    OpenAIRE

    Sitorus, Jefferson

    2013-01-01

    The decreasing availability of fossil fuels led to a variety of ideas how to solve this problem. LPG (Liquefied petroleum gas) is one alternative fuel that can be used in trending engine, one of which is a gasoline engine generator sets in 4-stroke. By modifying the carburetor so the engine can work as when using gasoline. Although the performance of the machine tends to not give optimal results such as engine performance when using gasoline, but has the advantage of LPG fuel, the emissions p...

  4. How the ACA's Health Insurance Expansions Have Affected Out-of-Pocket Cost-Sharing and Spending on Premiums.

    Science.gov (United States)

    Glied, Sherry; Solís-Román, Claudia; Parikh, Shivani

    2016-09-01

    One important benefit gained by the millions of Americans with health insurance through the Affordable Care Act (ACA) is protection from high out-of-pocket health spending. While Medicaid unambiguously reduces out-of-pocket premium and medical costs for low-income people, it is less certain that marketplace coverage and other types of insurance purchased to comply with the law's individual mandate also protect from high health spending. Goal: To compare out-of-pocket spending in 2014 to spending in 2013; assess how this spending changed in states where many people enrolled in the marketplaces relative to states where few people enrolled; and project the decline in the percentage of people paying high amounts out-of-pocket. Methods: Linear regression models were used to estimate whether people under age 65 spent above certain thresholds. Key findings and conclusions: The probability of incurring high out-of-pocket costs and premium expenses declined as marketplace enrollment increased. The percentage reductions were greatest among those with incomes between 250 percent and 399 percent of poverty, those who were eligible for premium subsidies, and those who previously were uninsured or had very limited nongroup coverage. These effects appear largely attributable to marketplace enrollment rather than to other ACA provisions or to economic trends.

  5. Balance of natural radionuclides in the brown coal based power generation and harmlessness of the residues and side product utilization; Bilanz natuerlicher Radionuklide in der Braunkohleverstromung und Unbedenklichkeit bei der Verwendung von Rueckstaenden und Nebenprodukten

    Energy Technology Data Exchange (ETDEWEB)

    Schulz, Hartmut; Kunze, Christian; Hummrich, Holger [IAF-Radiooekologie GmbH, Radeberg (Germany)

    2017-04-01

    During brown coal combustion a partial enrichment of natural radionuclides occurs in different residues. Residues and side product from brown coal based power generation are used in different ways, for example filter ashes and gypsum from flue gas desulfurization facilities are used in the construction materials fabrication and slags for road construction. Detailed measurement and accounting of radionuclides in the mass throughputs in coal combustion power plants have shown that the utilized gypsum and filter ashes are harmless in radiologic aspects.

  6. Discounting in agro-industrial complex. A methodological proposal for risk premium

    Directory of Open Access Journals (Sweden)

    Inmaculada Marques-Perez

    2017-04-01

    Full Text Available The estimation of the discount rate is decisive for a reliable economic valuation. The discount rate has to be adjusted for the risks related to the company, the sector which the company has its market, and the risks related to the investment project. We present a proposal to incorporate the risk premium to the discount rate. The novelty of the methodology is that difference risk groups according to activity as a factor to adjust the cost of capital to companies. The study applies the methodology to the Agro-Industrial Complex (AIC in Spain. The AIC is formed by industries that add value to farming production. This sector’s economic success demands financial management techniques that assess risk. The conventional method responds neither to the heterogeneity of the economic activities that make up the AIC, nor to differentiating risk by groups. The proposed methodology distinguishes activity groups in accordance with the NACE (National Code of Economic Activities and uses net profitability variability to distinguish the risk in each group. Our results demonstrate the various levels of risk per group. The results show that among all the groups that form the AIC there are wide differences between levels of risk; thus, the risk neutral groups present risk levels on the order of 150 times lower than the groups extreme risk levels.

  7. Carbon footprint of premium quality export bananas: case study in Ecuador, the world's largest exporter.

    Science.gov (United States)

    Iriarte, Alfredo; Almeida, Maria Gabriela; Villalobos, Pablo

    2014-02-15

    Nowadays, the new international market demands challenge the food producing countries to include the measurement of the environmental impact generated along the production process for their products. In order to comply with the environmentally responsible market requests the measurement of the greenhouse gas emissions of Ecuadorian agricultural goods has been promoted employing the carbon footprint concept. Ecuador is the largest exporter of bananas in the world. Within this context, this study is a first assessment of the carbon footprint of the Ecuadorian premium export banana (Musa AAA) using a considerable amount of field data. The system boundaries considered from agricultural production to delivery in a European destination port. The data collected over three years permitted identifying the hot spot stages. For the calculation, the CCaLC V3.0 software developed by the University of Manchester is used. The carbon footprint of the Ecuadorian export banana ranged from 0.45 to 1.04 kg CO2-equivalent/kg banana depending on the international overseas transport employed. The principal contributors to the carbon footprint are the on farm production and overseas transport stages. Mitigation and reduction strategies were suggested for the main emission sources in order to achieve sustainable banana production. Copyright © 2013 Elsevier B.V. All rights reserved.

  8. Errors in the calculation of new salary positions and performance premiums – 2017 MERIT exercise

    CERN Multimedia

    Staff Association

    2017-01-01

    Following the receipt of the letters dated May 12th announcing the qualification of their performance (MERIT 2017), and the notification of their salary slips for the month of May, several colleagues have come to us to enquire about the calculation of salary increases and performance premiums. After verification, the Staff Association has informed the Management, in a meeting of the Standing Concertation Committee on June 1st, about errors owing to rounding in the applied formulas. James Purvis, Head of HR department, has published in the CERN Bulletin dated July 18th an article, under the heading “Better precision (rounding)”, that gives a short explanation of these rounding effects. But we want to further bring you more precise explanations. Advancement On the salary slips for the month of May, the calculations of the advancement and new salary positions were done, by the services of administrative computing in the FAP department, on the basis of the salary, rounded to the nearest franc...

  9. Estimating the country risk premium in emerging markets: the case of the Republic of Macedonia

    Directory of Open Access Journals (Sweden)

    Aleksandar Naumoski

    2012-12-01

    Full Text Available Estimation of the cost of capital is difficult in developed markets and even more difficult in emerging markets. Investments in the emerging markets are more risky than in the developed markets but return is also higher. The key question here is whether the return on investments in emerging markets should be rewarded by compensation in excess of that provided by an equivalent investment in a developed market. Contemporary literature provides alternative ways for calculating the cost of capital invested in emerging markets. In general, it can be concluded that it is widely accepted that country risk matters when investing in emerging markets and it is a key component in the estimation of the cost of capital for those investments. Country risk is non-diversifiable, which will be argued in this paper first, after which an alternative approach will be provided for quantification of country risk in the risk premium measure, which is integral component in the models for estimating the cost of capital.

  10. The Impact of Reinsurance Strategies on Capital Requirements for Premium Risk in Insurance

    Directory of Open Access Journals (Sweden)

    Gian Paolo Clemente

    2015-06-01

    Full Text Available New risk-based solvency requirements for insurance companies across European markets have been introduced by Solvency II and will come in force from 1 January 2016. These requirements, derived by a Standard Formula or an Internal Model, will be by far more risk-sensitive than the required solvency margin provided by the current legislation. In this regard, a Partial Internal Model for Premium Risk is developed here for a multi-line Non-Life insurer. We follow a classical approach based on a Collective Risk Model properly extended in order to consider not only the volatility of aggregate claim amounts but also expense volatility. To measure the effect of risk mitigation, suitable reinsurance strategies are pursued. We analyze how naïve coverage as conventional Quota Share and Excess of Loss reinsurance may modify the exact moments of the distribution of technical results. Furthermore, we investigate how alternative choices of commission rates in proportional treaties may affect the variability of distribution. Numerical results are also figured out in the last part of the paper with evidence of different effects for small and large companies. The main reasons for these differences are pointed out.

  11. Noise and Vibration Monitoring for Premium Efficiency IE 3 Three-Phase Induction Motors

    Directory of Open Access Journals (Sweden)

    NISTOR, C. G.

    2015-08-01

    Full Text Available The paper presents the original SV-100 platform that enables low-cost and very high accuracy determinations of noise and vibration levels. The aim of the proposed platform is to achieve an effective integration of the two topics of this analysis: vibrations and noises. To the best of our knowledge, no low price, dedicated compact platform with embedded measuring instruments exists. For proving the practical utility of the proposed platform, two induction motors of 7.5 kW and 11 kW, respectively, in single-layer winding, at 1000 rpm, with IE3 premium efficiency were analyzed. This analysis is required because, according to IEC60034-30 standard, the IE3 efficiency standard has become mandatory for induction motors of rated power greater than 7.5 kW. Therefore, in order to improve the motor operating efficiency, the power losses caused by noises and vibrations have to be reduced. Several variants of supply were studied, i.e., by the three-phase 50 Hz network and by a three-phase inverter at 40, 50 and 60 Hz, respectively. The experimental determinations of noises are presented comparatively, by using a Bruel&Kjaer sonometer and by using the new platform SV-100. The results are compared with the IEC60034 standard.

  12. A Toy Story: Association between Young Children’s Knowledge of Fast Food Toy Premiums and their Fast Food Consumption

    Science.gov (United States)

    Longacre, Meghan R.; Drake, Keith M.; Titus, Linda J.; Cleveland, Lauren P.; Langeloh, Gail; Hendricks, Kristy; Dalton, Madeline A.

    2015-01-01

    Fast food restaurants spend millions of dollars annually on child-targeted marketing, a substantial portion of which is allocated to toy premiums for kids’ meals. The objectives of this study were to describe fast food toy premiums, and examine whether young children’s knowledge of fast food toy premiums was associated with their fast food consumption. Parents of 3- to 5-year old children were recruited from pediatric and WIC clinics in Southern New Hampshire, and completed a cross-sectional survey between April 2013–March 2014. Parents reported whether their children usually knew what toys were being offered at fast food restaurants, and whether children had eaten at any of four restaurants that offer toy premiums with kids’ meals (McDonald’s, Burger King, Subway, Wendy’s) during the 7 days preceding the survey. Seventy-one percent of eligible parents participated (N=583); 48.4% did not receive any education beyond high school, and 27.1% of children were non-white. Half (49.7%) the children had eaten at one or more of the four fast food restaurants in the past week; one-third (33.9%) had eaten at McDonald’s. The four restaurants released 49 unique toy premiums during the survey period; McDonald’s released half of these. Even after controlling for parent fast food consumption and sociodemographics, children were 1.38 (95% CI=1.04, 1.82) times more likely to have consumed McDonald’s if they usually knew what toys were offered by fast food restaurants. We did not detect a relationship between children’s toy knowledge and their intake of fast food from the other restaurants. In this community-based sample, young children’s knowledge of fast food toys was associated with a greater frequency of eating at McDonald’s, providing evidence in support of regulating child-directed marketing of unhealthy foods using toys. PMID:26471803

  13. Reducing emissions of carbonyl compounds and regulated harmful matters from a heavy-duty diesel engine fueled with paraffinic/biodiesel blends at one low load steady-state condition

    Science.gov (United States)

    Lin, Yuan-Chung; Wu, Tzi-Yi; Ou-Yang, Wen-Chung; Chen, Chung-Bang

    This study investigated the emissions of carbonyl compounds (CBCs) and regulated harmful matters (traditional pollutants) from an HDDE (heavy-duty diesel engine) at one low load steady-state condition, 24.5% of the max load (40 km h -1), using five test fuels: premium diesel fuel (D100), P100 (100% palm-biodiesel), P20 (20% palm-biodiesel + 80% premium diesel fuel), PF80P20 (80% paraffinic fuel + 20% palm-biodiesel), and PF95P05 (95% paraffinic fuel + 5% palm-biodiesel). Experimental results indicate that formaldehyde was the major carbonyl in the exhaust, accounting for 70.3-75.4% of total CBC concentrations for all test fuels. Using P100 and P20 instead of D100 in the HDDE increased CBC concentrations by 9.74% and 2.89%, respectively. However, using PF80P20 and PF95P05 as alternative fuels significantly reduced CBC concentrations by 30.3% and 24.2%, respectively. Using PF95P05 instead of D100 decreased CBCs by 30.3%, PM by 11.1%, THC by 39.0%, CO by 34.0%, NOx by 24.3%, and CO 2 by 7.60%. The wide usage of paraffinic-palmbiodiesel blends as alternative fuels could protect the environment. However, it should be noted that only one engine operated at one low load steady-state condition was investigated.

  14. Aviation fuels outlook

    Science.gov (United States)

    Momenthy, A. M.

    1980-01-01

    Options for satisfying the future demand for commercial jet fuels are analyzed. It is concluded that the most effective means to this end are to attract more refiners to the jet fuel market and encourage development of processes to convert oil shale and coal to transportation fuels. Furthermore, changing the U.S. refineries fuel specification would not significantly alter jet fuel availability.

  15. Nano-mineralogical investigation of coal and fly ashes from coal-based captive power plant (India): An introduction of occupational health hazards

    Energy Technology Data Exchange (ETDEWEB)

    Oliveira, Marcos L.S. [Laboratory of Environmental Researches and Nanotechnology Development, Centro Universitário La Salle, Mestrado em Avaliação de Impactos Ambientais em Mineração, Victor Barreto, 2288 Centro 92010-000, Canoas, RS (Brazil); Development Department of Touristic Opportunities, Catarinense Institute of Environmental Research and Human Development – IPADHC, Capivari de Baixo, Santa Catarina (Brazil); Marostega, Fabiane; Taffarel, Silvio R. [Laboratory of Environmental Researches and Nanotechnology Development, Centro Universitário La Salle, Mestrado em Avaliação de Impactos Ambientais em Mineração, Victor Barreto, 2288 Centro 92010-000, Canoas, RS (Brazil); Saikia, Binoy K. [Coal Chemistry Division, CSIR-North East Institute of Science and Technology, Jorhat 785006 (India); Waanders, Frans B. [School of Chemical and Minerals Engineering, North West University (Potchefstroom campus), Potchefstroom 2531 (South Africa); DaBoit, Kátia [Environmental Science and Nanotechnology Department, Institute of Environmental Research and Human Development – IPADHC, Capivari de Baixo, Santa Catarina (Brazil); Baruah, Bimala P. [Coal Chemistry Division, CSIR-North East Institute of Science and Technology, Jorhat 785006 (India); and others

    2014-01-01

    Coal derived nano-particles has been received much concern recently around the world for their adverse effects on human health and the environment during their utilization. In this investigation the mineral matter present in some industrially important Indian coals and their ash samples are addressed. Coal and fly ash samples from the coal-based captive power plant in Meghalaya (India) were collected for different characterization and nano-mineralogy studies. An integrated application of advanced characterization techniques such as X-ray diffraction (XRD), High Resolution-Transmission Electron microscopy (HR-TEM)/(Energy Dispersive Spectroscopy) EDS/(selected-area diffraction pattern) SAED, Field Emission-Scanning Electron Microscopy (FE-SEM)/EDS analysis, and Mössbauer spectroscopy were used to know their extent of risks to the human health when present in coal and fly ash. The study has revealed that the coals contain mainly clay minerals, whilst glass fragments, spinel, quartz, and other minerals in lesser quantities were found to be present in the coal fly ash. Fly ash carbons were present as chars. Indian coal fly ash also found to contain nanominerals and ultrafine particles. The coal-fired power plants are observed to be the largest anthropogenic source of Hg emitted to the atmosphere and expected to increase its production in near future years. The Multi Walled Carbon Nano-Tubes (MWCNTs) are detected in our fly ashes, which contains residual carbonaceous matter responsible for the Hg capture/encapsulation. This detailed investigation on the inter-relationship between the minerals present in the samples and their ash components will also be useful for fulfilling the clean coal technology principles. - Highlights: • We research changes in the level of ultrafine and nanoparticles about coal–ash quality. • Increasing dates will increase human health quality in this Indian coal area. • Welfare effects depend on ex-ante or ex-post assumptions about

  16. Modifications to the surface chemistry of low-rank coal-based carbon catalysts to improve flue gas nitric oxide removal

    Energy Technology Data Exchange (ETDEWEB)

    Izquierdo, M.T.; Rubio, B. [Departamento de Energia y Medio Ambiente, Instituto de Carboquimica (CSIC), C/Maria de Luna, 12, 50015 Zaragoza (Spain); Mayoral, C.; Andres, J.M. [Departamento de Procesos Quimicos, Instituto de Carboquimica (CSIC), C/Maria de Luna, 12, 50015 Zaragoza (Spain)

    2001-10-25

    The effectiveness of carbons as low-temperature selective catalytic reduction (SCR) catalysts will depend upon their physical and chemical properties. Surface functional groups containing oxygen are closely related to the catalytic activity of carbons. These groups are expected to change the interaction between the carbon surface and the reactants through a variation in adsorption and reaction characteristics. This paper presents a more detailed study of the effects of either gas-phase sulfuric acid or oxygen oxidation treatments on the catalytic NO reduction by low-rank coal-based carbon catalysts. Raw and treated carbons were characterized by N{sub 2} and CO{sub 2} surface areas, TPD and ash content. NO removal capacity of carbons was determined by passing a flow containing NO, H{sub 2}O, O{sub 2}, NH{sub 3} and N{sub 2} through a fixed bed of carbon at 150C and 4s of residence time, the effluent concentration being monitored continuously during the reaction. The effects of varying the type and conditions of the treatment on the physicochemical features of carbons were studied. The gas-phase sulfuric acid treatment (corresponding to a first step SO{sub 2} removal) markedly enhanced carbon activities for NO removal. On the contrary, oxygen oxidation enhanced NO removal capacity of chars to a lower extent. Therefore, the carbons studied could be used in a combined SO{sub 2}/NO removal process, because the use and regeneration of the carbon in the first step is beneficial for the performance in the second one.

  17. Prediction of Risk Premium Based on Quantile Regression%基于分位回归的风险保费预测

    Institute of Scientific and Technical Information of China (English)

    杨亮; 孟生旺

    2016-01-01

    风险保费预测是非寿险费率厘定的重要组成部分。在传统的分位回归厘定风险保费中,通常假设分位数水平是事先给定的,缺乏一定的客观性。为此,提出了一种应用分位回归厘定风险保费的新方法。基于破产概率确定保单组合的总风险保费,建立个体保单的分位回归模型,并与总风险保费建立等式关系,通过数值方法求解出分位数水平,实现对个体保单风险保费的预测。通过一组实际数据分析表明,该方法具有良好的预测效果。%Prediction of risk premiums is an important part in the non-life insurance premium ratemaking.During the determining the risk premium in the traditional quantile regression,quantile level is generally given in advance,which is lack of obj ectivity.Therefore,we propose a new method for determining the risk premium by applying of quantile regression.Firstly,determining the total risk premiums based on the probability of bankruptcy;secondly,to establish quantile regression model in individual policies,and establish relationships with total risk premium;finally,to solve for quantile level by numerical methods,obtain the individual risk premiums.Basing on a set of actual data,the results demonstrates that the method has high forecasting accuracy.

  18. Fuel processors for fuel cell APU applications

    Science.gov (United States)

    Aicher, T.; Lenz, B.; Gschnell, F.; Groos, U.; Federici, F.; Caprile, L.; Parodi, L.

    The conversion of liquid hydrocarbons to a hydrogen rich product gas is a central process step in fuel processors for auxiliary power units (APUs) for vehicles of all kinds. The selection of the reforming process depends on the fuel and the type of the fuel cell. For vehicle power trains, liquid hydrocarbons like gasoline, kerosene, and diesel are utilized and, therefore, they will also be the fuel for the respective APU systems. The fuel cells commonly envisioned for mobile APU applications are molten carbonate fuel cells (MCFC), solid oxide fuel cells (SOFC), and proton exchange membrane fuel cells (PEMFC). Since high-temperature fuel cells, e.g. MCFCs or SOFCs, can be supplied with a feed gas that contains carbon monoxide (CO) their fuel processor does not require reactors for CO reduction and removal. For PEMFCs on the other hand, CO concentrations in the feed gas must not exceed 50 ppm, better 20 ppm, which requires additional reactors downstream of the reforming reactor. This paper gives an overview of the current state of the fuel processor development for APU applications and APU system developments. Furthermore, it will present the latest developments at Fraunhofer ISE regarding fuel processors for high-temperature fuel cell APU systems on board of ships and aircrafts.

  19. GSPEL - Fuel Cell Laboratory

    Data.gov (United States)

    Federal Laboratory Consortium — The Fuel Cell Lab (FCL)Provides testing for technology readiness of fuel cell systems The FCL investigates, tests and verifies the performance of fuel-cell systems...

  20. GSPEL - Fuel Cell Laboratory

    Data.gov (United States)

    Federal Laboratory Consortium — The Fuel Cell Lab (FCL) Provides testing for technology readiness of fuel cell systems The FCL investigates, tests and verifies the performance of fuel-cell systems...

  1. Fuel cells: A survey

    Science.gov (United States)

    Crowe, B. J.

    1973-01-01

    A survey of fuel cell technology and applications is presented. The operating principles, performance capabilities, and limitations of fuel cells are discussed. Diagrams of fuel cell construction and operating characteristics are provided. Photographs of typical installations are included.

  2. Future aviation fuels overview

    Science.gov (United States)

    Reck, G. M.

    1980-01-01

    The outlook for aviation fuels through the turn of the century is briefly discussed and the general objectives of the NASA Lewis Alternative Aviation Fuels Research Project are outlined. The NASA program involves the evaluation of potential characteristics of future jet aircraft fuels, the determination of the effects of those fuels on engine and fuel system components, and the development of a component technology to use those fuels.

  3. An Industrial-Based Consortium to Develop Premium Carbon Products from Coal Final Report - Part 4

    Energy Technology Data Exchange (ETDEWEB)

    Miller, Bruce; Shea, Winton

    2010-12-31

    Since 1998, The Pennsylvania State University successfully managed the Consortium for Premium Carbon Products from Coal (CPCPC), which was a vehicle for industry-driven research on the promotion, development, and transfer of innovative technologies on premium carbon products from coal to the U.S. industry. The CPCPC was an initiative led by Penn State, its cocharter member West Virginia University (WVU), and the U.S. Department of Energy's (DOE) National Energy Technology Laboratory (NETL), who also provided the base funding for the program, with Penn State responsible for consortium management. CPCPC began in 1998 under DOE Cooperative Agreement No. DE-FC26-98FT40350. This agreement ended November 2004 but the CPCPC activity continued under cooperative agreement No. DE-FC26-03NT41874, which started October 1, 2003 and ended December 31, 2010. The objective of the second agreement was to continue the successful operation of the CPCPC. The CPCPC enjoyed tremendous success with its organizational structure, which included Penn State and WVU as charter members, numerous industrial affiliate members, and strategic university affiliate members together with NETL, forming a vibrant and creative team for innovative research in the area of transforming coal to carbon products. The key aspect of CPCPC was its industry-led council that selected proposals submitted by CPCPC members to ensure CPCPC target areas had strong industrial support. CPCPC had 58 member companies and universities engaged over the 7-year period of this contract. Members were from 17 states and five countries outside of the U.S. During this period, the CPCPC Executive Council selected 46 projects for funding. DOE/CPCPC provided $3.9 million in funding or an average of $564,000 per year. The total project costs were $5.45 million with $1.5 million, or {approx}28% of the total, provided by the members as cost share. Total average project size was $118,000 with $85,900 provided by DOE/CPCPC. In

  4. An Industrial-Based Consortium to Develop Premium Carbon Products from Coal Final Report - Part 3

    Energy Technology Data Exchange (ETDEWEB)

    Miller, Bruce; Shea, Winton

    2010-12-31

    Since 1998, The Pennsylvania State University successfully managed the Consortium for Premium Carbon Products from Coal (CPCPC), which was a vehicle for industry-driven research on the promotion, development, and transfer of innovative technologies on premium carbon products from coal to the U.S. industry. The CPCPC was an initiative led by Penn State, its cocharter member West Virginia University (WVU), and the U.S. Department of Energy's (DOE) National Energy Technology Laboratory (NETL), who also provided the base funding for the program, with Penn State responsible for consortium management. CPCPC began in 1998 under DOE Cooperative Agreement No. DE-FC26-98FT40350. This agreement ended November 2004 but the CPCPC activity continued under cooperative agreement No. DE-FC26-03NT41874, which started October 1, 2003 and ended December 31, 2010. The objective of the second agreement was to continue the successful operation of the CPCPC. The CPCPC enjoyed tremendous success with its organizational structure, which included Penn State and WVU as charter members, numerous industrial affiliate members, and strategic university affiliate members together with NETL, forming a vibrant and creative team for innovative research in the area of transforming coal to carbon products. The key aspect of CPCPC was its industry-led council that selected proposals submitted by CPCPC members to ensure CPCPC target areas had strong industrial support. CPCPC had 58 member companies and universities engaged over the 7-year period of this contract. Members were from 17 states and five countries outside of the U.S. During this period, the CPCPC Executive Council selected 46 projects for funding. DOE/CPCPC provided $3.9 million in funding or an average of $564,000 per year. The total project costs were $5.45 million with $1.5 million, or ~28% of the total, provided by the members as cost share. Total average project size was $118,000 with $85,900 provided by DOE/CPCPC. In addition to

  5. An Industrial-Based Consortium to Develop Premium Carbon Products from Coal Final Report - Part 2

    Energy Technology Data Exchange (ETDEWEB)

    Miller, Bruce; Winton, Shea

    2010-12-31

    Since 1998, The Pennsylvania State University successfully managed the Consortium for Premium Carbon Products from Coal (CPCPC), which was a vehicle for industry-driven research on the promotion, development, and transfer of innovative technologies on premium carbon products from coal to the U.S. industry. The CPCPC was an initiative led by Penn State, its cocharter member West Virginia University (WVU), and the U.S. Department of Energy's (DOE) National Energy Technology Laboratory (NETL), who also provided the base funding for the program, with Penn State responsible for consortium management. CPCPC began in 1998 under DOE Cooperative Agreement No. DE-FC26-98FT40350. This agreement ended November 2004 but the CPCPC activity continued under cooperative agreement No. DE-FC26-03NT41874, which started October 1, 2003 and ended December 31, 2010. The objective of the second agreement was to continue the successful operation of the CPCPC. The CPCPC enjoyed tremendous success with its organizational structure, which included Penn State and WVU as charter members, numerous industrial affiliate members, and strategic university affiliate members together with NETL, forming a vibrant and creative team for innovative research in the area of transforming coal to carbon products. The key aspect of CPCPC was its industry-led council that selected proposals submitted by CPCPC members to ensure CPCPC target areas had strong industrial support. CPCPC had 58 member companies and universities engaged over the 7-year period of this contract. Members were from 17 states and five countries outside of the U.S. During this period, the CPCPC Executive Council selected 46 projects for funding. DOE/CPCPC provided $3.9 million in funding or an average of $564,000 per year. The total project costs were $5.45 million with $1.5 million, or ~28% of the total, provided by the members as cost share. Total average project size was $118,000 with $85,900 provided by DOE/CPCPC. In addition to

  6. An Industrial-Based Consortium to Develop Premium Carbon Products from Coal Final Report - Part 1

    Energy Technology Data Exchange (ETDEWEB)

    Miller, Bruce; Winton, Shea

    2010-12-31

    Since 1998, The Pennsylvania State University successfully managed the Consortium for Premium Carbon Products from Coal (CPCPC), which was a vehicle for industry-driven research on the promotion, development, and transfer of innovative technologies on premium carbon products from coal to the U.S. industry. The CPCPC was an initiative led by Penn State, its cocharter member West Virginia University (WVU), and the U.S. Department of Energy's (DOE) National Energy Technology Laboratory (NETL), who also provided the base funding for the program, with Penn State responsible for consortium management. CPCPC began in 1998 under DOE Cooperative Agreement No. DE-FC26-98FT40350. This agreement ended November 2004 but the CPCPC activity continued under cooperative agreement No. DE-FC26-03NT41874, which started October 1, 2003 and ended December 31, 2010. The objective of the second agreement was to continue the successful operation of the CPCPC. The CPCPC enjoyed tremendous success with its organizational structure, which included Penn State and WVU as charter members, numerous industrial affiliate members, and strategic university affiliate members together with NETL, forming a vibrant and creative team for innovative research in the area of transforming coal to carbon products. The key aspect of CPCPC was its industry-led council that selected proposals submitted by CPCPC members to ensure CPCPC target areas had strong industrial support. CPCPC had 58 member companies and universities engaged over the 7-year period of this contract. Members were from 17 states and five countries outside of the U.S. During this period, the CPCPC Executive Council selected 46 projects for funding. DOE/CPCPC provided $3.9 million in funding or an average of $564,000 per year. The total project costs were $5.45 million with $1.5 million, or ~28% of the total, provided by the members as cost share. Total average project size was $118,000 with $85,900 provided by DOE/CPCPC. In addition to

  7. An Industrial-Based Consortium to Develop Premium Carbon Products from Coal Final Report - Part 5

    Energy Technology Data Exchange (ETDEWEB)

    Miller, Bruce; Shea, Winton

    2010-12-31

    Since 1998, The Pennsylvania State University successfully managed the Consortium for Premium Carbon Products from Coal (CPCPC), which was a vehicle for industry-driven research on the promotion, development, and transfer of innovative technologies on premium carbon products from coal to the U.S. industry. The CPCPC was an initiative led by Penn State, its cocharter member West Virginia University (WVU), and the U.S. Department of Energy's (DOE) National Energy Technology Laboratory (NETL), who also provided the base funding for the program, with Penn State responsible for consortium management. CPCPC began in 1998 under DOE Cooperative Agreement No. DE-FC26-98FT40350. This agreement ended November 2004 but the CPCPC activity continued under cooperative agreement No. DE-FC26-03NT41874, which started October 1, 2003 and ended December 31, 2010. The objective of the second agreement was to continue the successful operation of the CPCPC. The CPCPC enjoyed tremendous success with its organizational structure, which included Penn State and WVU as charter members, numerous industrial affiliate members, and strategic university affiliate members together with NETL, forming a vibrant and creative team for innovative research in the area of transforming coal to carbon products. The key aspect of CPCPC was its industry-led council that selected proposals submitted by CPCPC members to ensure CPCPC target areas had strong industrial support. CPCPC had 58 member companies and universities engaged over the 7-year period of this contract. Members were from 17 states and five countries outside of the U.S. During this period, the CPCPC Executive Council selected 46 projects for funding. DOE/CPCPC provided $3.9 million in funding or an average of $564,000 per year. The total project costs were $5.45 million with $1.5 million, or {approx}28% of the total, provided by the members as cost share. Total average project size was $118,000 with $85,900 provided by DOE/CPCPC. In

  8. Comparison of tissue equalization, and premium view post-processing methods in full field digital mammography

    Energy Technology Data Exchange (ETDEWEB)

    Chen Baoying, E-mail: chenby128@yahoo.co [Department of Radiology, Tangdu Hospital, Fourth Military Medical University, Xinsi Road 1, 710038 Xi' an, Shaanxi (China); Wang Wei; Huang Jin; Zhao Ming; Cui Guangbin [Department of Radiology, Tangdu Hospital, Fourth Military Medical University, Xinsi Road 1, 710038 Xi' an, Shaanxi (China); Xu Jing [Cell Engineering Research Centre and Department of Cell Biology, State Key Laboratory of Cancer Biology, Fourth Military Medical University, Changle West Road 169, 710032 Xi' an, Shaanxi (China); Guo Wei; Du Pang; Li Pei [Department of Radiology, Tangdu Hospital, Fourth Military Medical University, Xinsi Road 1, 710038 Xi' an, Shaanxi (China); Yu Jun, E-mail: pclamper@163.co [Department of Preclinical Experiment Center, Fourth Military Medical University, Changle West Road 169, 710032 Xi' an, Shaanxi (China)

    2010-10-15

    Objective: To retrospectively evaluate the diagnostic abilities of 2 post-processing methods provided by GE Senographe DS system, tissue equalization (TE) and premium view (PV) in full field digital mammography (FFDM). Materials and methods: In accordance with the ethical standards of the World Medical Association, this study was approved by regional ethics committee and signed informed patient consents were obtained. We retrospectively reviewed digital mammograms from 101 women (mean age, 47 years; range, 23-81 years) in the modes of TE and PV, respectively. Three radiologists, fully blinded to the post-processing methods, all patient clinical information and histologic results, read images by using objective image interpretation criteria for diagnostic information end points such as lesion border delineation, definition of disease extent, visualization of internal and surrounding morphologic features of the lesions. Also, overall diagnostic impression in terms of lesion conspicuity, detectability and diagnostic confidence was assessed. Between-group comparisons were performed with Wilcoxon signed rank test. Results: Readers 1, 2, and 3 demonstrated significant overall better impression of PV in 29, 27, and 24 patients, compared with that for TE in 12, 13, and 11 patients, respectively (p < 0.05). Significant (p < 0.05) better impression of PV was also demonstrated for diagnostic information end points. Importantly, PV proved to be more sensitive than TE while detecting malignant lesions in dense breast rather than benign lesions and malignancy in non-dense breast (p < 0.01). Conclusion: PV compared with TE provides marked better diagnostic information in FFDM, particularly for patients with malignancy in dense breast.

  9. Catalytic Fuel Conversion Facility

    Data.gov (United States)

    Federal Laboratory Consortium — This facility enables unique catalysis research related to power and energy applications using military jet fuels and alternative fuels. It is equipped with research...

  10. Fuel cell

    Energy Technology Data Exchange (ETDEWEB)

    Enomoto, Hirofumi.

    1989-05-22

    This invention aims to maintain a long-term operation with stable cell output characteristics by uniformly supplying an electrolyte from the reserver to the matrix layer over the entire matrix layer, and further to prevent the excessive wetting of the catalyst layer by smoothly absorbing the volume change of the electrolyte, caused by the repeated stop/start-up of the fuel cell, within the reserver system. For this purpose, in this invention, an electrolyte transport layer, which connects with an electrolyte reservor formed at the electrode end, is partly formed between the electrode material and the catalyst layer; a catalyst layer, which faces the electrolyte transport layer, has through-holes, which connect to the matrix, dispersely distributed. The electrolyte-transport layer is a thin sheet of a hydrophilic fibers which are non-wovens of such fibers as carbon, silicon carbide, silicon nitride or inorganic oxides. 11 figs.

  11. Proceedings of a workshop on the utilization of coal fuels in process heaters

    Energy Technology Data Exchange (ETDEWEB)

    1979-01-01

    Almost 5% of the nation's energy consumption takes place in tubular process heaters. Currently, these units are gas- and, to a lesser extent, oil-fired. Process heaters provide energy for refining petroleum and the manufacture of numerous chemicals and petrochemicals. Since the current state-of-the-art, using waste heat recovery and forced draft burners, can achieve thermal efficiencies of about 90%, it is unlikely that current process heat and fuel requirements will be dramatically reduced by process modifications and/or conservation measures. Hence, if this sizeable, inexorable drain on our fluid petroleum reserves is to be halted, it seems reasonable to consider the utilization of coal and/or coal-based fuels to fire process heaters. In order to assess the feasibility and potential for a coal-based process heater industry, Brookhaven National Laboratory (BNL) organized a workshop to define and explore the various problems that must be solved in order to burn coal in process heaters. A primary aim of the workshop was to consider the design methodology for process heaters when firing coal and compare it to those for gas and oil firing. The overall conclusions were: that retrofitting present process heaters to coal fuel was impractical; that it would be difficult to fit larger heaters designed to burn coal into present refineries; that there would be difficulties with process heaters burning coal; and that a better approach would be one large utility coal heater with a circulating heat transfer medium. Seven papers have been entered individually into EDB and ERA. (LTN)

  12. SECA Coal-Based Systems

    Energy Technology Data Exchange (ETDEWEB)

    Pierre, Joseph

    2010-09-10

    This report documents the results of Cooperative Agreement DE-FC26-05NT42613 between Siemens Energy and the U.S. Department of Energy for the period October 1, 2008 through September 30, 2010. The Phase I POCD8R0 stack test was successfully completed as it operated for approximately 5,300 hrs and achieved all test objectives. The stack test article contained twenty-four 75 cm active length Delta8 scandiastabilized zirconia cells. Maximum power was approximately 10 kWe and the SOFC generator demonstrated an availability factor of 85% at 50% power or greater. The Phase II POCD8R1 stack test operated for approximately 410 hrs before being aborted due to a sudden decrease in voltage accompanied by a rapid increase in temperature. The POCD8R1 test article contained forty-eight 100 cm active length Delta8 scandiastabilized zirconia cells arranged in an array of six bundles, with each bundle containing eight cells. Cell development activities resulted in an approximate 100% improvement in cell power at 900°C. Cell manufacturing process improvements led to manufacturing yields of greater than 40% for the Delta8 cells. Delta8 cells with an active length of 100 cm were successfully manufactured as were cells with a seamless closed end. A pressurized cell test article was assembled, installed into the pressurized test facility and limited pressurized testing conducted. Open circuit voltage tests were performed at one and three atmospheres at 950°C were in agreement with the theoretical increase in the Nernst potential. Failed guard heaters precluded further testing. The SOFC analytical basis for the baseline system was validated with experimental data. Two system configurations that utilize a pressurized SOFC design with separated anode and cathode streams were analyzed. System efficiencies greater than 60% were predicted when integrating the separated anode and cathode stream module configuration with a high efficiency catalytic gasifier.

  13. SECA Coal-Based Systems

    Energy Technology Data Exchange (ETDEWEB)

    Joseph Pierre

    2010-09-01

    This report documents the results of Cooperative Agreement DE-FC26-05NT42613 between Siemens Energy and the U.S. Department of Energy for the period October 1, 2008 through September 30, 2010. The Phase I POCD8R0 stack test was successfully completed as it operated for approximately 5,300 hrs and achieved all test objectives. The stack test article contained twenty-four 75 cm active length Delta8 scandia-stabilized zirconia cells. Maximum power was approximately 10 kWe and the SOFC generator demonstrated an availability factor of 85% at 50% power or greater. The Phase II POCD8R1 stack test operated for approximately 410 hrs before being aborted due to a sudden decrease in voltage accompanied by a rapid increase in temperature. The POCD8R1 test article contained forty-eight 100 cm active length Delta8 scandia-stabilized zirconia cells arranged in an array of six bundles, with each bundle containing eight cells. Cell development activities resulted in an approximate 100% improvement in cell power at 900°C. Cell manufacturing process improvements led to manufacturing yields of greater than 40% for the Delta8 cells. Delta8 cells with an active length of 100 cm were successfully manufactured as were cells with a seamless closed end. A pressurized cell test article was assembled, installed into the pressurized test facility and limited pressurized testing conducted. Open circuit voltage tests were performed at one and three atmospheres at 950°C were in agreement wi th the theoretical increase in the Nernst potential. Failed guard heaters precluded further testing. The SOFC analytical basis for the baseline system was validated with experimental data. Two system configurations that utilize a pressurized SOFC design with separated anode and cathode streams were analyzed. System efficiencies greater than 60% were predicted when integrating the separated anode and cathode stream module configuration with a high efficiency catalytic gasifier.

  14. Cigarette brand preference as a function of price among smoking youths in Canada: are they smoking premium, discount or native brands?

    Science.gov (United States)

    Leatherdale, S T; Ahmed, R; Barisic, A; Murnaghan, D; Manske, S

    2009-12-01

    Given that little is known about the price-related cigarette brand preferences of youths, the current study seeks to characterise cigarette brand preferences and examine factors associated with smoking discount or native cigarette brands among Canadian youths who are current smokers. This study used nationally representative data collected from 71,003 grade 5-12 students as part of the 2006-7 Canadian Youth Smoking Survey (YSS). Using data from current smokers, logistic regression models were used to examine factors associated with smoking discount or native cigarette brands relative to premium cigarette brands. In 2006, premium cigarettes were the most prevalent brand of cigarette youths report usually smoking (49.4%); a substantial number of youths do report usually smoking either discount (12.9%) or native (9.3%) cigarette brands. Occasional smokers were more likely to report usually smoking premium cigarettes whereas daily smokers were more likely to report smoking either discount or native cigarettes. In particular, discount and native brands appear to be appealing among smoking youths with less spending money or those who are heavier smokers compared to youths smoking premium brands. Discount and native cigarette brands are commonly used by a substantial number of smoking youths in Canada. Additional research is required to better understand the reasons behind different cigarette brand preferences and how youths are able to access premium, discount and illicit native cigarettes. Moreover, ongoing surveillance of the cigarette brand preferences of youths is required for guiding future tobacco control policy and programming activities.

  15. Development of a coal-fueled Internal Manifold Heat Exchanger (IMHEX reg sign ) molten carbonate fuel cell

    Energy Technology Data Exchange (ETDEWEB)

    1991-09-01

    The design of a CGMCFC electric generation plant that will provide a cost of eletricity (COE) which is lower than that of current electric generation technologies and which is competitive with other long-range electric generating systems is presented. This effort is based upon the Internal Manifold Heat Exchanger (IMHEX) technology as developed by the Institute of Gas Technology (IGT). The project was executed by selecting economic and performance objectives for alternative plant arrangements while considering process constraints identified during IMHEX fuel cell development activities at ICT. The four major subsystems of a coal-based MCFC power plant are coal gasification, gas purification, fuel cell power generation and the bottoming cycle. The design and method of operation of each subsystem can be varied, and, depending upon design choices, can have major impact on both the design of other subsystems and the resulting cost of electricity. The challenge of this project was to select, from a range of design parameters, those operating conditions that result in a preferred plant design. Computer modelling was thus used to perform sensitivity analyses of as many system variables as program resources and schedules would permit. In any systems analysis, it is imperative that the evaluation methodology be verifiable and comparable. The TAG Class I develops comparable (if imprecise) data on performance and costs for the alternative cases being studied. It identifies, from a range of options, those which merit more exacting scrutiny to be undertaken at the second level, TAG class II analysis.

  16. HTGR fuel and fuel cycle technology

    Energy Technology Data Exchange (ETDEWEB)

    Lotts, A.L.; Coobs, J.H.

    1976-08-01

    The status of fuel and fuel cycle technology for high-temperature gas-cooled reactors (HTGRs) is reviewed. The all-ceramic core of the HTGRs permits high temperatures compared with other reactors. Core outlet temperatures of 740/sup 0/C are now available for the steam cycle. For advanced HTGRs such as are required for direct-cycle power generation and for high-temperature process heat, coolant temperatures as high as 1000/sup 0/C may be expected. The paper discusses the variations of HTGR fuel designs that meet the performance requirements and the requirements of the isotopes to be used in the fuel cycle. Also discussed are the fuel cycle possibilities, which include the low-enrichment cycle, the Th-/sup 233/U cycle, and plutonium utilization in either cycle. The status of fuel and fuel cycle development is summarized.

  17. 煤基化工CO2回收多联产系统探讨%Coal-based Chemical CO2 Recovery Polygeneration System to Explore

    Institute of Scientific and Technical Information of China (English)

    巴淑丽; 王民民

    2012-01-01

    随着社会的进步,能源利用在人类社会发展中的作用越来越重要。但是,当前存在着资源的开发,能源的利用以及环境的保护等各方面的相互独立。煤基化工一动力多联产系统实现了能源利用,化工生产以及环境保护的有机结合,从而为能源的可持续发展与利用提供一条新的道路。介绍了多联产系统,阐述了二氧化碳的分离;同时,从介绍了不同分离方式下,二氧化碳的能量的利用。最后,介绍了基于二氧化碳回收的多联产系统,通过系统能耗分析和二氧化碳的产出发现,回收二氧化碳的多联产系统的二氧化碳产量最少。%With the progress of society, the role of energy use in the development of human society is more and more important. However, the current existence of mutually independent resource development, the use of energy, and the protection of the environment and other aspects. Coal-based chemical industry the-dynamic polygeneration system to achieve a combination of energy use, chemical production and environmental protection, so as to provide a new path for sustainable energy development and utilization. The polygeneration system on the separation of carbon dioxide; same time, from the different separation energy use, carbon dioxide. Finally, the polygeneration system based on carbon dioxide recovery polygeneration system of recycling carbon dioxide carbon dioxide production at least through the system energy analysis and carbon dioxide output.

  18. The Nonparametric Estimate of Exponential Premium Under Collective Risk Models%聚合风险模型下指数保费的非参数估计

    Institute of Scientific and Technical Information of China (English)

    张林娜; 温利民; 方婧

    2016-01-01

    The exponential premium principle is one of the most important premium principles and is wide ‐ly applied in non‐life insurance actuarial science .In this paper ,the nonparametric estimate of exponential premium is investigated under collective risk models .In addition ,the estimator is proved strongly consist‐ent and asymptotically normal .Finally ,a numerical simulation method is used to verify the estimated speed of convergence ,and the asymptotic normality of the estimator is checked in the simulations .%在聚合风险模型的假设下,研究了聚合风险下指数保费的非参数估计,证明了估计的强相合性和渐近正态性。最后通过数值模拟的方法验证了估计的收敛速度及渐近正态性。

  19. S-shape relationship between customer satisfaction and willingness to pay premium prices for high quality cured pork products in Spain.

    Science.gov (United States)

    Cotes-Torres, Alejandro; Muñoz-Gallego, Pablo A; Cotes-Torres, José Miguel

    2012-03-01

    This paper explores 2 different probabilistic models explaining willingness to pay premium prices for high-quality cured products from the swine industry. Seven cured pork products (sausage, fuet, ham, loin, shoulder, salami and pepperoni) were studied in 9 food-stores in Valladolid, Spain. Consumers of the products were interviewed (686 completed surveys). It was found by using mixed effect statistical models that the relationship between willingness to pay a premium price and customer satisfaction had nonlinear behavior, following an S-shape with inverted slope which was the first empirical evidence of this type of behavior in meat products in real market conditions. It was also established that the interaction between satisfaction and current expenditure on the product was significant and indispensable for explaining consumers' willingness to pay premium price for cured pork products.

  20. Combustion and leaching behavior of elements in the argonne premium coal samples

    Science.gov (United States)

    Finkelman, R.B.; Palmer, C.A.; Krasnow, M.R.; Aruscavage, P. J.; Sellers, G.A.; Dulong, F.T.

    1990-01-01

    Eight Argonne Premium Coal samples and two other coal samples were used to observe the effects of combustion and leaching on 30 elements. The results were used to infer the modes of occurrence of these elements. Instrumental neutron activation analysis indicates that the effects of combustion and leaching on many elements varied markedly among the samples. As much as 90% of the selenium and bromine is volatilized from the bituminous coal samples, but substantially less is volatilized from the low-rank coals. We interpret the combustion and leaching behavior of these elements to indicate that they are associated with the organic fraction. Sodium, although nonvolatile, is ion-exchangeable in most samples, particularly in the low-rank coal samples where it is likely to be associated with the organic constituents. Potassium is primarily in an ion-exchangeable form in the Wypdak coal but is in HF-soluble phases (probably silicates) in most other samples. Cesium is in an unidentified HNO3-soluble phase in most samples. Virtually all the strontium and barium in the low-rank coal samples is removed by NH4OAc followed by HCl, indicating that these elements probably occur in both organic and inorganic phases. Most tungsten and tantalum are in insoluble phases, perhaps as oxides or in organic association. Hafnium is generally insoluble, but as much as 65% is HF soluble, perhaps due to the presence of very fine grained or metamict zircon. We interpret the leaching behavior of uranium to indicate its occurrence in chelates and its association with silicates and with zircon. Most of the rare-earth elements (REE) and thorium appear to be associated with phosphates. Differences in textural relationships may account for some of the differences in leaching behavior of the REE among samples. Zinc occurs predominantly in sphalerite. Either the remaining elements occur in several different modes of occurrence (scandium, iron), or the leaching data are equivocal (arsenic, antimony

  1. Annual Report: Fuels (30 September 2012)

    Energy Technology Data Exchange (ETDEWEB)

    Link, Dirk [NETL; Morreale, Bryan [NETL

    2012-09-30

    The thermochemical conversion of fossil fuels through gasification will likely be the cornerstone of future energy and chemical processes due to its flexibility to accommodate numerous feeds (coal, biomass, natural gas, municipal waste, etc.) and to produce a variety of products (heat, specialty chemicals, power, etc.), as well as the inherent nature of the process to facilitate near zero emissions. Currently, the National Energy Technology Laboratory (NETL) Fuels Program has two pathways for syngas utilization: The production of transportation fuels, chemicals, or chemical intermediates. The hydrogen production as an intermediate for power production via advanced combustion turbines or fuel cells. Work under this activity focuses on the production, separation, and utilization of hydrogen from syngas using novel separation materials and processes. Advanced integrated gasification combined cycle (IGCC) schemes require the production of clean hydrogen to fuel innovative combustion turbines and fuel cells. This research focuses on the development and assessment of membranes tailored for application in the severe environments associated with syngas conversion. The specific goals of this research include: Provide data needed to fully understand the impact of syngas environments and hydrogen removal on relevant hydrogen separation materials. Utilize the understanding of material stability to engineer a membrane tailored for operations in the severe environments associated with syngas conversion. Provide unbiased evaluation of hydrogen separation membranes being developed within the Fuels Program. Precious metals and alloys of historic interest (Pd, Cu, Ag, Au, Pt), as well as novel materials (carbides and phosphides) are candidates for evaluation of function as hydrogen separation membranes. The first step in the transport of hydrogen through dense metals is the adsorption and dissociation of hydrogen on the membrane surface. Observation shows that coal-based syngas

  2. Fungal contamination of stored automobile-fuels in a tropical environment

    Institute of Scientific and Technical Information of China (English)

    Carlos E.Rodríguez-Rodríguez; Evelyn Rodríguez; Rigoberto Blanco; Ivannia Cordero; Daniel Segura

    2010-01-01

    Because of the lack of reports,the base levels of microbial contamination on stored fuels are unknown in tropical regions and it is unclear whether these levels have some influence on fuel quality parameters.Therefore,fungal quality in automobile fuels stored across Costa Rican territory was evaluated during two years according to the standard ASTM D6974-04.For a total of 96 samples,counts and identification of molds and yeasts were performed on regular gas,premium gas and diesel taken from the bottom and superior part of the container tanks.The highest contamination was found on the bottom of the tanks,where an aqueous phase was usually identified,showing populations over the ones present in the hydrocarbon itself (up to 108 CFU/L).Diesel was the most contaminated fuel (up to 107 CFU/L);however,an alteration on the physicochemical parameters was not observed in any kind of fuel.Seventy-five mold strains were isolated,Penicillium sp.being the most common genus (45.8% of the samples),and ten yeast strains,from the genera Candida sp.and Rhodotorula sp.Four of the yeasts were able to grow on diesel as the sole carbon source,at concentrations ranging from 0.5% to 25%.Increasing the frequency of tank cleaning,adding antimicrobial agents and monitoring microbial populations are recommended strategies to improve microbial quality of stored fuels.

  3. Preparation of MnO2/coal-based graphene composites for supercapacitors%MnO2/煤基石墨烯纳米复合材料的制备及其电化学性能

    Institute of Scientific and Technical Information of China (English)

    张亚婷; 李景凯; 刘国阳; 蔡江涛; 周安宁; 邱介山

    2016-01-01

    以纯化的太西无烟煤粉为原料,采用催化石墨化及改良Hummers氧化技术制备煤基氧化石墨烯前驱体,将该前驱体与MnO2进行原位复合并利用等离子体技术还原制备MnO2/煤基石墨烯纳米复合材料。采用红外光谱、X射线衍射、扫描电镜和透射电镜等技术对煤基石墨烯及其复合材料进行表征,采用循环伏安法及恒流充放电法测试MnO2/煤基石墨烯纳米复合材料的电化学性能。结果表明,与煤基石墨烯相比,MnO2/煤基石墨烯纳米复合材料的比电容有显著提升,在1 A/g电流密度下可达281.8 F/g,是煤基石墨烯比电容的3.48倍。%The low-cost production of high performance functional materials based on graphene remains a challenging task. One of the options for tackling this problem is to develop new processes based on cheap starting materials such as coal. Coal-based gra-phene precursors were prepared from purified Taixi anthracite by catalytic graphitization combined with an improved Hummers meth-od. These were mixed with MnO2 and reduced by a low temperature plasma to make MnO2/coal-based graphene nanocomposites. The composites were studied by FT-IR, XRD, TEM and SEM. Their electrochemical performance was evaluated using cyclic volta-mmetry and galvanostatic charge/discharge. Results show that MnO2 has been even lydeposited on the graphene surface and the spe-cific capacitance of the composite as an electrode in a supercapacitor is much higher than that of coal-based graphene without MnO2 . The highest capacitance is 281. 1 F/g, which is 261. 2% of the value for coal-based graphene.

  4. Effects of nutrient content claims, sports celebrity endorsements and premium offers on pre-adolescent children's food preferences: experimental research.

    Science.gov (United States)

    Dixon, H; Scully, M; Niven, P; Kelly, B; Chapman, K; Donovan, R; Martin, J; Baur, L A; Crawford, D; Wakefield, M

    2014-04-01

    To assess pre-adolescent children's responses to common child-oriented front-of-pack food promotions. Between-subjects, web-based experiment with four front-of-pack promotion conditions on energy-dense and nutrient-poor (EDNP) foods: no promotion [control]; nutrient content claims; sports celebrity endorsements (male athletes) and premium offers. Participants were 1302 grade 5 and 6 children (mean age 11 years) from Melbourne, Australia. Participants chose their preferred product from a randomly assigned EDNP food pack and comparable healthier food pack then completed detailed product ratings. Child-oriented pack designs with colourful, cartooned graphics, fonts and promotions were used. Compared to the control condition, children were more likely to choose EDNP products featuring nutrient content claims (both genders) and sports celebrity endorsements (boys only). Perceptions of nutritional content were enhanced by nutrient content claims. Effects of promotions on some product ratings (but not choice) were negated when children referred to the nutrition information panel. Premium offers did not enhance children's product ratings or choice. Nutrient content claims and sports celebrity endorsements influence pre-adolescent children's preferences towards EDNP food products displaying them. Policy interventions to reduce the impact of unhealthy food marketing to children should limit the use of these promotions. © 2013 The Authors. Pediatric Obesity © 2013 International Association for the Study of Obesity.

  5. Time-varying causal network of the Korean financial system based on firm-specific risk premiums

    Science.gov (United States)

    Song, Jae Wook; Ko, Bonggyun; Cho, Poongjin; Chang, Woojin

    2016-09-01

    The aim of this paper is to investigate the Korean financial system based on time-varying causal network. We discover many stylized facts by utilizing the firm-specific risk premiums for measuring the causality direction from a firm to firm. At first, we discover that the interconnectedness of causal network is affected by the outbreak of financial events; the co-movement of firm-specific risk premium is strengthened after each positive event, and vice versa. Secondly, we find that the major sector of the Korean financial system is the Depositories, and the financial reform in June-2011 achieves its purpose by weakening the power of risk-spillovers of Broker-Dealers. Thirdly, we identify that the causal network is a small-world network with scale-free topology where the power-law exponents of out-Degree and negative event are more significant than those of in-Degree and positive event. Lastly, we discuss that the current aspects of causal network are closely related to the long-term future scenario of the KOSPI Composite index where the direction and stability are significantly affected by the power of risk-spillovers and the power-law exponents of degree distributions, respectively.

  6. Does Health Insurance Premium Exemption Policy for Older People Increase Access to Health Care? Evidence from Ghana.

    Science.gov (United States)

    Duku, Stephen Kwasi Opuku; van Dullemen, Caroline Elisabeth; Fenenga, Christine

    2015-01-01

    Aging in Sub-Saharan Africa causes major challenges for policy makers in social protection. Our study focuses on Ghana, one of the few Sub-Saharan African countries that passed a National Policy on Aging in 2010. Ghana is also one of the first Sub-Saharan African countries that launched a National Health Insurance Scheme (NHIS; NHIS Act 650, 2003) with the aim to improve access to quality health care for all citizens, and as such can be considered as a means of poverty reduction. Our study assesses whether premium exemption policy under the NHIS that grants non-payments of annual health insurance premiums for older people increases access to health care. We assessed differences in enrollment coverage among four different age groups (18-49, 50-59, 60-69, and 70+). We found higher enrollment for the 70+ and 60-69 age groups. The likelihood of enrollment was 2.7 and 1.7 times higher for the 70+ and 60-69 age groups, respectively. Our results suggest the NHIS exemption policy increases insurance coverage of the aged and their utilization of health care services.

  7. Clean, premium-quality chars: Demineralized and carbon enriched. Quarterly report, September 1, 1991--Novemer 30, 1991

    Energy Technology Data Exchange (ETDEWEB)

    Smith, G.V.

    1992-01-03

    The goal of this project is to develop a bench-scale procedure to produce clean, desulfurized, premium-quality chars from the Illinois basin coals. This goal is achieved by utilizing the effective capabilty of smectites in combination with methane to manipulate the char yields. The major objectives are: to determine the optimum water- ground particle size for the maximum reduction of pyrite and minerals by the selective-bitumen agglomeration process; to evaluate the type of smectite and its interlamellar cation which enhances the premium-quality char yields; to find the mode of dispersion of smectites in clean coal which retards the agglomeration of char during mild gasification; to probe the conditions that maximize the desulfurized clean-char yields under a combination of methane+oxygen or helium+oxygen; to characterize and accomplish a material balance of chars, liquids, and gases produced during mild gasification; to identify the conditions which reject dehydrated smectites from char by the gravitational separation technique; and to determine the optimum seeding of chars with polymerized maltene for flammability and transportation.

  8. The Efects of Corporate Social Responsibility Initiatives and Price Premiums on Polish Consumers' Responses: An Experimental Study

    Directory of Open Access Journals (Sweden)

    Wójcik Piotr

    2014-10-01

    Full Text Available This article explores whether, how and which forms of corporate social responsibility (CSR initiatives influence consumer perceptions of the value of and intention to buy responsibly manufactured yogurt, and identifies the impact of the price rise effect on consumer responses. An experimental study was conducted using scenarios with a sample of 421 university students. The results indicate that information about positive corporate behavior evokes higher perceived value and buying intention than information about negative corporate behavior; that responses differ significantly depending on whether or not the CSR initiative relates to the firm's core business; and that there is a level of consumer sensitivity to the price premium for a responsibly made yogurt. This study expands existing knowledge beyond previous areas of focus by demonstrating that a CSR initiative related to a firm's core business generates higher perceived value and buying intention than a non-related initiative, and by showing that there exists a trade-of between functional and social attributes. The findings of this study may be of interest to companies by showing the level of premium price acceptance and by demonstrating that CSR initiatives detached from basic business activity may bring negative consequences in terms of sales volume.

  9. Large repayments of premium subsidies may be owed to the IRS if family income changes are not promptly reported.

    Science.gov (United States)

    Jacobs, Ken; Graham-Squire, Dave; Gould, Elise; Roby, Dylan

    2013-09-01

    Subsidies for health insurance premiums under the Affordable Care Act are refundable tax credits. They can be taken when taxes are filed or in advance, as reductions in monthly premiums that must be reconciled at tax filing. Recipients who take subsidies in advance will receive tax refunds if their subsidies were too small but will have to make repayments if their subsidies were too high. We analyzed predicted repayments and refunds for people receiving subsidies, using California as a case study. We found that many families could owe large repayments to the Internal Revenue Service at their next tax filing. If income changes were reported and credits adjusted in a timely manner throughout the tax year, the number of filers owing repayments would be reduced by 7-41 percent and the median size of repayments reduced by as much as 61 percent (depending on the level of changes reported and the method used to adjust the subsidy amounts). We recommend that the health insurance exchanges mandated by the Affordable Care Act educate consumers about how the subsidies work and the need to promptly report income changes. We also recommend that they provide tools and assistance to determine the amount of subsidies that enrollees should take in advance.

  10. Singular boundary value problem for the integrodifferential equation in an insurance model with stochastic premiums: Analysis and numerical solution

    Science.gov (United States)

    Belkina, T. A.; Konyukhova, N. B.; Kurochkin, S. V.

    2012-10-01

    A singular boundary value problem for a second-order linear integrodifferential equation with Volterra and non-Volterra integral operators is formulated and analyzed. The equation is defined on ℝ+, has a weak singularity at zero and a strong singularity at infinity, and depends on several positive parameters. Under natural constraints on the coefficients of the equation, existence and uniqueness theorems for this problem with given limit boundary conditions at singular points are proved, asymptotic representations of the solution are given, and an algorithm for its numerical determination is described. Numerical computations are performed and their interpretation is given. The problem arises in the study of the survival probability of an insurance company over infinite time (as a function of its initial surplus) in a dynamic insurance model that is a modification of the classical Cramer-Lundberg model with a stochastic process rate of premium under a certain investment strategy in the financial market. A comparative analysis of the results with those produced by the model with deterministic premiums is given.

  11. Some regional costs of a synthetic fuel industry: The case of illinois

    Science.gov (United States)

    Attanasi, E.D.; Green, E.K.

    1981-01-01

    The Federal Government's efforts to induce development of a coal-based synthetic fuel industry include direct subsidies, tax concessions, and assurances that it will purchase the industry's output, even if above the market price. In this note it is argued that these subsidies will enable this industry to secure a region's largest and lowest-cost coal deposits and that the costs imposed on other coal users will be substantial. Moreover, because the lowest-cost coal deposits will be committed to synthetic fuels production regardless of the industry's commercial viability, distortions in regional coal markets will develop. If economic efficiency requires that the price of the resource reflect its replacement value, then a State government is justified in imposing a tax on coal destined for subsidized synthetic fuel plants. Amounts of such a tax, based on the higher costs of coal that must be accepted by other users as the result of the subsidized synthetic fuel plants' preempting the largest and lowest-cost deposits, are estimated for the case of Illinois strippable coal. ?? 1981 Annals of Regional Science.

  12. Low emissions combustor development for an industrial gas turbine to utilize LCV fuel gas

    Energy Technology Data Exchange (ETDEWEB)

    Kelsall, G.J.; Smith, M.A. (British Coal Corp., Glos (United Kingdom). Coal Research Establishment); Cannon, M.F. (European Gas Turbines Ltd., Lincoln (United Kingdom). Aero and Technology Products)

    1994-07-01

    Advanced coal-based power generation systems such as the British Coal Topping Cycle offer the potential for high-efficiency electricity generation with minimum environmental impact. An important component of the Topping cycle program is the gas turbine, for which development of a combustion system to burn low calorific value coal derived fuel gas, at a turbine inlet temperature of 1,260 C (2,300 F), with minimum pollutant emissions, is a key R and D issue. A phased combustor development program is underway burning low calorific value fuel gas (3.6--4.1 MJ/m[sup 3]) with low emissions, particularly NO[sub x] derived from fuel-bound nitrogen. The first phase of the combustor development program has now been completed using a generic tubo-annular, prototype combustor design. Tests were carried out at combustor loading and Mach numbers considerably greater than the initial design values. Combustor performance at these conditions was encouraging. The second phase of the program is currently in progress. This will assess, initially, an improved variant of the prototype combustor operating at conditions selected to represent a particular medium sized industrial gas turbine. This combustor will also be capable of operating using natural gas as an auxiliary fuel, to suite the start-up procedure for the Topping Cycle. The paper presents the Phase 1 test program results for the prototype combustor. Design of the modified combustor for Phase 2 of the development program is discussed, together with preliminary combustor performance results.

  13. A simple numerical model to estimate the effect of coal selection on pulverized fuel burnout

    Energy Technology Data Exchange (ETDEWEB)

    Sun, J.K.; Hurt, R.H.; Niksa, S.; Muzio, L.; Mehta, A.; Stallings, J. [Brown University, Providence, RI (USA). Division Engineering

    2003-06-01

    The amount of unburned carbon in ash is an important performance characteristic in commercial boilers fired with pulverized coal. Unburned carbon levels are known to be sensitive to fuel selection, and there is great interest in methods of estimating the burnout propensity of coals based on proximate and ultimate analysis - the only fuel properties readily available to utility practitioners. A simple numerical model is described that is specifically designed to estimate the effects of coal selection on burnout in a way that is useful for commercial coal screening. The model is based on a highly idealized description of the combustion chamber but employs detailed descriptions of the fundamental fuel transformations. The model is validated against data from laboratory and pilot-scale combustors burning a range of international coals, and then against data obtained from full-scale units during periods of coal switching. The validated model form is then used in a series of sensitivity studies to explore the role of various individual fuel properties that influence burnout.

  14. Fuel cell based micro-combined heat and power under different policy frameworks - An economic analysis

    DEFF Research Database (Denmark)

    Hansen, Lise-Lotte Pade; Schröder, Sascha Thorsten

    2013-01-01

    political objectives on the design of the future energy system. This article takes the point of departure in the existing support schemes, most common ownership structures, energy prices, electricity demand and heating demand in Denmark, France and Portugal. For the three countries, we analyse different...... constellations of operational strategies, ownership structures and promotion schemes and assess the necessary support levels for residential fuel cells under these constellations. We find that the necessary support levels are not excessively high compared to the initial support levels for e.g. photovoltaic...... systems in Germany. Especially net metering in Denmark and price premiums for fuel cells functioning as a virtual power plant in France and Portugal seems promising. The annual number of operation hours depends strongly on the operational scheme. For thermal-led units, cold start and modulation capacity...

  15. Recovery Act. Demonstration of a Pilot Integrated Biorefinery for the Efficient, Direct Conversion of Biomass to Diesel Fuel

    Energy Technology Data Exchange (ETDEWEB)

    Schuetzle, Dennis [Renewable Energy Institute International, Sacramentao, CA (United States); Tamblyn, Greg [Renewable Energy Institute International, Sacramentao, CA (United States); Caldwell, Matt [Renewable Energy Institute International, Sacramentao, CA (United States); Hanbury, Orion [Renewable Energy Institute International, Sacramentao, CA (United States); Schuetzle, Robert [Greyrock Energy, Sacramento, CA (United States); Rodriguez, Ramer [Greyrock Energy, Sacramento, CA (United States); Johnson, Alex [Red Lion Bio-Energy, Toledo, OH (United States); Deichert, Fred [Red Lion Bio-Energy, Toledo, OH (United States); Jorgensen, Roger [Red Lion Bio-Energy, Toledo, OH (United States); Struble, Doug [Red Lion Bio-Energy, Toledo, OH (United States)

    2015-05-12

    The Renewable Energy Institute International, in collaboration with Greyrock Energy and Red Lion Bio-Energy (RLB) has successfully demonstrated operation of a 25 ton per day (tpd) nameplate capacity, pilot, pre-commercial-scale integrated biorefinery (IBR) plant for the direct production of premium, “drop-in”, synthetic fuels from agriculture and forest waste feedstocks using next-generation thermochemical and catalytic conversion technologies. The IBR plant was built and tested at the Energy Center, which is located in the University of Toledo Medical Campus in Toledo, Ohio.

  16. HTGR Fuel performance basis

    Energy Technology Data Exchange (ETDEWEB)

    Shamasundar, B.I.; Stansfield, O.M.; Jensen, D.D.

    1982-05-01

    The safety characteristics of the high-temperature gas-cooled reactor (HTGR) during normal and accident conditions are determined in part by HTGR fuel performance. During normal operation, less than 0.1% fuel failure occurs, primarily from defective particles. This low fuel failure fraction limits circulating activity to acceptable levels. During severe accidents, the radiological consequence is influenced by high-temperature fuel particle behavior. An empirical fuel failure model, supported by recent experimental data, is presented. The onset of significant fuel particle failure occurs at temperatures in excess of 1600/sup 0/C, and complete fuel failure occurs at 2660/sup 0/C. This indicates that the fuel is more retentive at higher temperatures than previously assumed. The more retentive nature of the fuel coupled with the high thermal capacitance of the core results in slow release of fission products from the core during severe accidents.

  17. Fuels Combustion Research: Supercritical Fuel Pyrolysis

    National Research Council Canada - National Science Library

    Glassman, Irvin

    2001-01-01

    Present and anticipated variation in jet propulsion fuels due to advanced engine compression ratios and airframe cooling requirements necessitate greater understanding of chemical phenomena associated...

  18. Fuels Combustion Research: Supercritical Fuel Pyrolysis

    National Research Council Canada - National Science Library

    Glassman, Irvin

    2000-01-01

    Present and anticipated variation in jet propulsion fuels due to advanced engine compression ratios and airframe cooling requirements necessitate greater understanding of chemical phenomena associated...

  19. Compensações financeiras obtidas por fornecedores de componentes premium em transações industriais Financial compensations achieved by premium item suppliers in business-to-business transactions

    Directory of Open Access Journals (Sweden)

    Fábio Rovian Pereira Benevite

    2010-01-01

    Full Text Available Este artigo investiga as compensações financeiras obtidas por fornecedores de componentes industriais de itens classificados como premium (produtos de alto valor agregado ao atenderem às principais demandas de valor dos grandes compradores industriais. As compensações financeiras incluem aumento no preço e na fração do lote de compra (percentual do lote de compra destinado a cada fornecedor. O método de pesquisa foi o estudo de caso múltiplo. A pesquisa envolveu, de um lado, cinco clientes globais oriundos dos setores de siderurgia, bebidas e equipamentos, e de outro quatro fornecedores de componentes industriais: rolamentos especiais, subsistemas hidráulicos, subsistemas pneumáticos e equipamentos eletrônicos. A pesquisa investigou valores descritos na literatura para suprimentos industriais (produto, serviço e suprimento e identificou que o valor produto é prioritário e os valores suprimento e serviços usualmente são considerados após a aprovação técnica do valor produto. A pesquisa também quantifica a influência da combinação desses valores em níveis de preços e fração do lote de compra. Os resultados auferidos sugerem questões para futuras pesquisas, as quais serão organizadas em forma de surveyThis paper investigates financial compensations achieved by premium item suppliers when they meet the value demands from industry clients. Financial compensations include an increase in the values and share of orders. The research methodology used was the multiple case study. This study included five global clients from the steelmaking, beverage, and equipment industry sectors and four suppliers of premium industrial components (Industrial bearings, Hydraulics, Pneumatic subsystems, and Electronics. The following value drivers were found in the literature: product, service, and supply. Determining the value of the product is a priority followed by supply and service whose values are usually determined after the product

  20. 77 FR 699 - Regulation of Fuels and Fuel Additives: Identification of Additional Qualifying Renewable Fuel...

    Science.gov (United States)

    2012-01-05

    ... January 5, 2012 Part V Environmental Protection Agency 40 CFR Part 80 Regulation of Fuels and Fuel Additives: Identification of Additional Qualifying Renewable Fuel Pathways Under the Renewable Fuel Standard... Fuels and Fuel Additives: Identification of Additional Qualifying Renewable Fuel Pathways Under...