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...... were all above 0.90, indicating high configurational similarity. In contrast, PLS-DA showed significant differences in the use of attributes, particularly between Experts and Novices, suggesting that product expertise is more associated with descriptive, rather than perceptual, ability....

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.

Risk premiums in the German day-ahead Electricity Market

International Nuclear Information System (INIS)

Viehmann, Johannes

2011-01-01

This paper conducts an empirical analysis of risk premiums in the German day-ahead Electricity Wholesale Market. We compare hourly price data of the European Energy Exchange (EEX) auction and of the continuous over-the-counter (OTC) market which takes place prior to the EEX auction. Data provided by the Energy Exchange Austria (EXAA) has been used as a snapshot of the OTC market two hours prior to the EEX auction. Ex post analysis found market participants are willing to pay both significant positive and negative premiums for hourly contracts. The largest positive premiums were paid for high demand evening peak hours on weekdays during winter months. By contrast, night hours on weekends featuring lowest demand levels display negative premiums. Additionally, ex ante analysis found a strong positive correlation between the expected tightness of the system and positive premiums. For this purpose, a tightness factor has been introduced that includes expectations of fundamental factors such as power plant availability, wind power production and demand. Hence, findings by can be supported that power traders in liberalised markets behave like risk-averse rational economic agents. - Research highlights: →Analysis of hourly risk premiums in the German day-ahead Electricity Wholesale Market. →Market participants are willing to pay both significant positive and negative premiums for hourly contracts. →A strong correlation exists between the expected tightness of the power system and premiums.

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.

24 CFR 232.805 - Insurance premiums.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Insurance premiums. 232.805 Section... FACILITIES Contract Rights and Obligations Premiums § 232.805 Insurance premiums. (a) First premium. The... insurance premium equal to one percent of the original face amount of the note. (b) Second premium. The...

24 CFR 241.805 - Insurance premiums.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Insurance premiums. 241.805 Section... Without a HUD-Insured or HUD-Held Mortgage Premiums § 241.805 Insurance premiums. (a) First premium. The... insurance premium equal to one percent of the original face amount of the note. (b) Second premium. The...

Premium Auctions and Risk Preferences

NARCIS (Netherlands)

Hu, A.; Offerman, T.J.S.; Zou, L.

2010-01-01

In a premium auction, the seller offers some "pay back", called premium, to the highest bidders. This paper investigates how the performance of such premium tactic is related to the participant's risk preferences. By developing an English premium auction model with symmetric interdependent values,

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

designed for natural gas/fuel oil, and determining the boiler performance when firing the five fuels. Two different co-processed fuel oils were tested: one that had been partially hydrotreated, and the other a product of fractionation before hydrotreating. Task 5 focused on examining refining methods that would utilize coal and produce thermally stable jet fuel, included delayed coking and solvent extraction. Delayed coking was done on blends of decant oil and coal, with the goal to produce a premium carbon product and liquid fuels. Coking was done on bench scale and large laboratory scale cokers. Two coals were examined for co-coking, using Pittsburgh seam coal and Marfork coal product. Reactions in the large, laboratory scaled coker were reproducible in yields of products and in quality of products. While the co-coke produced from both coals was of sponge coke quality, minerals left in the coke made it unacceptable for use as anode or graphite grade filler.

Variable-Rate Premiums

Data.gov (United States)

Pension Benefit Guaranty Corporation — These interest rates are used to value vested benefits for variable rate premium purposes as described in PBGC's regulation on Premium Rates (29 CFR Part 4006) and...

42 CFR 403.254 - Calculation of premiums.

Science.gov (United States)

2010-10-01

... rate credits. (4) Unearned premium reserve means the portion of gross premiums due that provide for...) Written premiums for the period; plus— (ii) The total premium reserve at the beginning of the period; less— (iii) The total premium reserve at the end of the period. (2) Written premiums in a period means— (i...

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)

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.

Integrating self-determined needs into the relationship among product design, willingness-to-pay a premium, and word-of-mouth: a cross-cultural gender-specific study

Directory of Open Access Journals (Sweden)

Gilal FG

2018-06-01

Full Text Available Faheem Gul Gilal,1 Jian Zhang,1 Naeem Gul Gilal,2 Rukhsana Gul Gilal3 1Donlinks School of Economics and Management, University of Science and Technology Beijing, Beijing, People’s Republic of China; 2School of Management, Huazhong University of Science and Technology, Wuhan, Hubei, People’s Republic of China; 3Department of Business Administration, Sukkur IBA University, Sindh, Pakistan Background: The present study integrates self-determined needs satisfaction into a relationship between product design (eg, aesthetic, functional, and symbolic design and consumer behavior (eg, willingness-to-pay [WTP] a premium and negative word-of-mouth [WOM] and to explore whether gender can differentiate the effects of aesthetic, functional, and symbolic product designs on self-determined needs satisfaction. Methods: To this end, participants from Pakistan and China were recruited, and the hypotheses for this study were tested using structural equation modeling and SPSS-PROCESS. Results: The effects of three product designs on self-determined needs satisfaction were significantly positive across samples. The results further show that self-determined needs satisfaction had the strongest positive effect on WTP a premium and the strongest negative effect on vindictive WOM for Pakistanis. Self-determined needs frustration had the strongest negative effect on the WTP a premium for Chinese participants and an equivalent magnitude effect on vindictive WOM for Pakistani and Chinese participants. The cross-cultural gender-specific findings revealed that Pakistani men are more aesthetic and hedonic than women in Pakistan. Surprisingly, Chinese women resemble Pakistani men in the sense that they prefer aesthetically pleasing products. Chinese men resemble Pakistani women in terms of little interest in symbolic products, whereas Chinese women and Pakistani men respond similarly regarding their decisions to choose symbolic products. Conclusion: To the best of the

28 CFR 345.52 - Premium pay.

Science.gov (United States)

2010-07-01

... 28 Judicial Administration 2 2010-07-01 2010-07-01 false Premium pay. 345.52 Section 345.52... (FPI) INMATE WORK PROGRAMS Inmate Pay and Benefits § 345.52 Premium pay. Payment of premium pay to... inmates at a location. (a) Eligibility. Inmates in first grade pay status may be considered for premium...

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... § 682.505 Insurance premium. (a) General. The Secretary charges the lender an insurance premium for each Federal GSL Program loan that is guaranteed, except that no insurance premium is charged on a Federal...

RISK PREMIUM IN MOTOR VEHICLE INSURANCE

Directory of Open Access Journals (Sweden)

BANU ÖZGÜREL

2013-06-01

Full Text Available The pure premium or risk premium is the premium that would exactly meet the expected cost of the risk covered ignoring management expenses, commissions, contingency loading, etc. Claim frequency rate and mean claim size are required for estimation in calculating risk premiums. In this study, we discussed to estimate claim frequency rate and mean claim size with several methods and calculated risk premiums. Data, which supported our study, is provided by insurance company involving with motor vehicle insurance.

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

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.

Nuclear fuel production

International Nuclear Information System (INIS)

Randol, A.G.

1985-01-01

The production of new fuel for a power plant reactor and its disposition following discharge from the power plant is usually referred to as the ''nuclear fuel cycle.'' The processing of fuel is cyclic in nature since sometime during a power plant's operation old or ''depleted'' fuel must be removed and new fuel inserted. For light water reactors this step typically occurs once every 12-18 months. Since the time required for mining of the raw ore to recovery of reusable fuel materials from discharged materials can span up to 8 years, the management of fuel to assure continuous power plant operation requires simultaneous handling of various aspects of several fuel cycles, for example, material is being mined for fuel to be inserted in a power plant 2 years into the future at the same time fuel is being reprocessed from a discharge 5 years prior. Important aspects of each step in the fuel production process are discussed

Integrating self-determined needs into the relationship among product design, willingness-to-pay a premium, and word-of-mouth: a cross-cultural gender-specific study.

Science.gov (United States)

Gilal, Faheem Gul; Zhang, Jian; Gilal, Naeem Gul; Gilal, Rukhsana Gul

2018-01-01

The present study integrates self-determined needs satisfaction into a relationship between product design (eg, aesthetic, functional, and symbolic design) and consumer behavior (eg, willingness-to-pay [WTP] a premium and negative word-of-mouth [WOM]) and to explore whether gender can differentiate the effects of aesthetic, functional, and symbolic product designs on self-determined needs satisfaction. To this end, participants from Pakistan and China were recruited, and the hypotheses for this study were tested using structural equation modeling and SPSS-PROCESS. The effects of three product designs on self-determined needs satisfaction were significantly positive across samples. The results further show that self-determined needs satisfaction had the strongest positive effect on WTP a premium and the strongest negative effect on vindictive WOM for Pakistanis. Self-determined needs frustration had the strongest negative effect on the WTP a premium for Chinese participants and an equivalent magnitude effect on vindictive WOM for Pakistani and Chinese participants. The cross-cultural gender-specific findings revealed that Pakistani men are more aesthetic and hedonic than women in Pakistan. Surprisingly, Chinese women resemble Pakistani men in the sense that they prefer aesthetically pleasing products. Chinese men resemble Pakistani women in terms of little interest in symbolic products, whereas Chinese women and Pakistani men respond similarly regarding their decisions to choose symbolic products. To the best of the authors' knowledge, the present study is one of the initial attempts to integrate self-determined needs into the relationship between product design and consumer WTP a premium and WOM, and further explore cross-cultural gender-specific differences across Pakistan and China. The findings of the present study may help international marketers in terms of segmenting, targeting, and positioning their markets.

5 CFR 890.1208 - Premiums.

Science.gov (United States)

2010-01-01

... 599C(e) of Public Law 101-513. (b) If the individual is not covered under this subpart for the full pay period, premiums are paid only for the days he or she is actually covered. The daily premium rate is an amount equal to the monthly premium rate multiplied by 12 and divided by 365. (c) The payments required...

Premium indexing in lifelong health insurance

NARCIS (Netherlands)

Vercruysse, W.; Dhaene, J.; Denuit, M.; Pitacco, E.; Antonio, K.

2013-01-01

For lifelong health insurance covers, medical inflation not incorporated in the level premiums determined at policy issue requires an appropriate increase of these premiums and/or the corresponding reserves during the term of the contract. In this paper, we investigate appropriate premium indexing

Premiums And Reserves, Adjusted By Distortions

OpenAIRE

Pichler, Alois

2013-01-01

The net-premium principle is considered to be the most genuine and fair premium principle in actuarial applications. However, an insurance company, applying the net-premium principle, goes bankrupt with probability one in the long run, even if the company covers its entire costs by collecting the respective fees from its customers. It is therefore an intrinsic necessity for the insurance industry to apply premium principles, which guarantee at least further existence of the company itself; ot...

Tort law and medical malpractice insurance premiums.

Science.gov (United States)

Kilgore, Meredith L; Morrisey, Michael A; Nelson, Leonard J

2006-01-01

This paper estimated the effects of tort law and insurer investment returns on physician malpractice insurance premiums. Data were collected on tort law from 1991 through 2004, and multivariate regression models, including fixed effects for state and year, were used to estimate the effect of changes in tort law on medical malpractice premiums. The premium consequences of national policy changes were simulated. The analysis found that the introduction of a new damage cap lowered malpractice premiums for internal medicine, general surgery, and obstetrics/gynecology by 17.3%, 20.7%, and 25.5%, respectively. Lowering damage caps by dollar 100,000 reduced premiums by 4%. Statutes of repose also resulted in lower premiums. No other tort law changes had the effect of lowering premiums. Simulation results indicate that a national cap of dollar 250,000 on awards for noneconomic damages in all states would imply premium savings of dollar 16.9 billion. Extending a dollar 250,000 cap to all states that do not currently have them would save dollar 1.4 billion annually, or about 8% of the total. A negative effect on malpractice premiums was found for the Dow Jones industrial average, but not for bond prices; effects of the Nasdaq index were not significant for internal medicine, but were marginally significant for surgery and obstetrics premiums.

5 CFR 892.303 - Can I pay my premiums directly by check under the premium conversion plan?

Science.gov (United States)

2010-01-01

... under the premium conversion plan? 892.303 Section 892.303 Administrative Personnel OFFICE OF PERSONNEL MANAGEMENT (CONTINUED) CIVIL SERVICE REGULATIONS (CONTINUED) FEDERAL FLEXIBLE BENEFITS PLAN: PRE-TAX PAYMENT OF HEALTH BENEFITS PREMIUMS Contributions and Withholdings § 892.303 Can I pay my premiums directly...

24 CFR 220.804 - Insurance premiums.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Insurance premiums. 220.804 Section... and Obligations-Projects Insured Project Improvement Loans § 220.804 Insurance premiums. (a) First premium. The lender, upon the initial endorsement of the loan for insurance, shall pay to the Commissioner...

42 CFR 60.14 - The insurance premium.

Science.gov (United States)

2010-10-01

... 42 Public Health 1 2010-10-01 2010-10-01 false The insurance premium. 60.14 Section 60.14 Public... LOAN PROGRAM The Loan § 60.14 The insurance premium. (a) General. (1) The Secretary insures each lender... lender an insurance premium. The insurance premium is due to the Secretary on the date of disbursement of...

Economic analysis of price premiums in the presence of non-convexities. Evidence from German electricity markets

Energy Technology Data Exchange (ETDEWEB)

Paschmann, Martin

2017-11-15

Analyzing price data from sequential German electricity markets, namely the day-ahead and intraday auction, a puzzling but apparently systematic pattern of price premiums can be identified. The price premiums are highly correlated with the underlying demand profile. As there is evidence that widespread models for electricity forward premiums are not applicable to the market dynamics under analysis, a theoretical model is developed within this article which reveals that non-convexities in only a subset of sequential markets with differing product granularity may cause systematic price premiums at equilibrium. These price premiums may be bidirectional and reflect a value for additional short-term power supply system flexibility.

Economic analysis of price premiums in the presence of non-convexities. Evidence from German electricity markets

International Nuclear Information System (INIS)

Paschmann, Martin

2017-01-01

Analyzing price data from sequential German electricity markets, namely the day-ahead and intraday auction, a puzzling but apparently systematic pattern of price premiums can be identified. The price premiums are highly correlated with the underlying demand profile. As there is evidence that widespread models for electricity forward premiums are not applicable to the market dynamics under analysis, a theoretical model is developed within this article which reveals that non-convexities in only a subset of sequential markets with differing product granularity may cause systematic price premiums at equilibrium. These price premiums may be bidirectional and reflect a value for additional short-term power supply system flexibility.

42 CFR 423.780 - Premium subsidy.

Science.gov (United States)

2010-10-01

...) MEDICARE PROGRAM VOLUNTARY MEDICARE PRESCRIPTION DRUG BENEFIT Premiums and Cost-Sharing Subsidies for Low... 42 Public Health 3 2010-10-01 2010-10-01 false Premium subsidy. 423.780 Section 423.780 Public...-service plans or 1876 cost plans) in a PDP region in the reference month. (ii) Premium amounts. The...

24 CFR 203.443 - Insurance premium.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Insurance premium. 203.443 Section... premium. All of the provisions of §§ 203.260 through 203.269 1 concerning mortgage insurance premiums... DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES SINGLE...

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.

Fuel Production from Seawater and Fuel Cells Using Seawater.

Science.gov (United States)

Fukuzumi, Shunichi; Lee, Yong-Min; Nam, Wonwoo

2017-11-23

Seawater is the most abundant resource on our planet and fuel production from seawater has the notable advantage that it would not compete with growing demands for pure water. This Review focuses on the production of fuels from seawater and their direct use in fuel cells. Electrolysis of seawater under appropriate conditions affords hydrogen and dioxygen with 100 % faradaic efficiency without oxidation of chloride. Photoelectrocatalytic production of hydrogen from seawater provides a promising way to produce hydrogen with low cost and high efficiency. Microbial solar cells (MSCs) that use biofilms produced in seawater can generate electricity from sunlight without additional fuel because the products of photosynthesis can be utilized as electrode reactants, whereas the electrode products can be utilized as photosynthetic reactants. Another important source for hydrogen is hydrogen sulfide, which is abundantly found in Black Sea deep water. Hydrogen produced by electrolysis of Black Sea deep water can also be used in hydrogen fuel cells. Production of a fuel and its direct use in a fuel cell has been made possible for the first time by a combination of photocatalytic production of hydrogen peroxide from seawater and dioxygen in the air and its direct use in one-compartment hydrogen peroxide fuel cells to obtain electric power. © 2017 Wiley-VCH Verlag GmbH & Co. KGaA, Weinheim.

Strategies for fuel cell product development. Developing fuel cell products in the technology supply chain

International Nuclear Information System (INIS)

Hellman, H.L.

2004-01-01

Due to the high cost of research and development and the broad spectrum of knowledge and competences required to develop fuel cell products, many product-developing firms outsource fuel cell technology, either partly or completely. This article addresses the inter-firm process of fuel cell product development from an Industrial Design Engineering perspective. The fuel cell product development can currently be characterised by a high degree of economic and technical uncertainty. Regarding the technology uncertainty: product-developing firms are more often then not unfamiliar with fuel cell technology technology. Yet there is a high interface complexity between the technology supplied and the product in which it is to be incorporated. In this paper the information exchange in three current fuel cell product development projects is analysed to determine the information required by a product designer to develop a fuel cell product. Technology transfer literature suggests that transfer effectiveness is greatest when the type of technology (technology uncertainty) and the type of relationship between the technology supplier and the recipient are carefully matched. In this line of thinking this paper proposes that the information required by a designer, determined by the design strategy and product/system volume, should be met by an appropriate level of communication interactivity with a technology specialist. (author)

The Dutch premium principle

NARCIS (Netherlands)

van Heerwaarden, A.E.; Kaas, R.

1992-01-01

A premium principle is derived, in which the loading for a risk is the reinsurance loading for an excess-of-loss cover. It is shown that the principle is well-behaved in the sense that it results in larger premiums for risks that are larger in stop-loss order or in stochastic dominance.

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.

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

Science.gov (United States)

2013-01-04

...-BL29 Treasury Inflation-Protected Securities Issued at a Premium; Bond Premium Carryforward AGENCY... contains final regulations that provide guidance on the tax treatment of Treasury Inflation-Protected... regulations in this document provide guidance to holders of Treasury Inflation-Protected Securities and other...

Signaling and the Education Premium

OpenAIRE

Gregory Kurtzon

2004-01-01

A large portion of the rise in the education premium can be explained by a signaling theory of education which predicts that in the future, increases in the education level of the workforce will actually cause the education premium to rise, simply because different workers are being labeled as “highly educated†. This prediction is supported by past behavior of the high school education premium. It runs counter to the view that increases in the relative supply of high education workers wil...

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. Copyright © 2015 American Dairy Science Association. Published by Elsevier Inc. All rights reserved.

Comparison of Seafood and Agricultural Ecological Premiums1

OpenAIRE

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

2017-01-01

The report compares ecolabeled seafood premiums observed in the market with consumers’ stated willingness to pay premiums. Also ecolabeled premiums in the agricultural sector were examined. The next issue addressed was the sensitivity of changes in the price and premiums of ecolabeled seafood. Empirical findings showed that all things being equal, consumers stated willingness to pay reflects in their actual market behavior though they may pay less than stated. Premiums observed in the aquacul...

Alternative Fuels in Cement Production

DEFF Research Database (Denmark)

Larsen, Morten Boberg

The substitution of alternative for fossil fuels in cement production has increased significantly in the last decade. Of these new alternative fuels, solid state fuels presently account for the largest part, and in particular, meat and bone meal, plastics and tyre derived fuels (TDF) accounted...... for the most significant alternative fuel energy contributors in the German cement industry. Solid alternative fuels are typically high in volatile content and they may differ significantly in physical and chemical properties compared to traditional solid fossil fuels. From the process point of view......, considering a modern kiln system for cement production, the use of alternative fuels mainly influences 1) kiln process stability (may accelerate build up of blockages preventing gas and/or solids flow), 2) cement clinker quality, 3) emissions, and 4) decreased production capacity. Kiln process stability...

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 ...... and are closely related to global risk aversion, the business cycle, and traditional exchange rate fundamentals.......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...

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...

The urban density premium across establishments

OpenAIRE

R. Jason Faberman; Matthew Freedman

2013-01-01

We use longitudinal microdata to estimate the urban density premium for U.S. establishments, controlling for observed establishment characteristics and dynamic establishment behavior. Consistent with previous studies, we estimate a density premium between 6 and 10 percent, even after controlling for establishment composition, local skill mix, and the endogeneity of location choice. More importantly, we find that the estimated density premium is realized almost entirely at birth and is constan...

Fuel Cell Electric Vehicle Composite Data Products | Hydrogen and Fuel

Science.gov (United States)

Cells | NREL Vehicle Composite Data Products Fuel Cell Electric Vehicle Composite Data Products The following composite data products (CDPs) focus on current fuel cell electric vehicle evaluations Cell Operation Hour Groups CDP FCEV 39, 2/19/16 Comparison of Fuel Cell Stack Operation Hours and Miles

HVO, hydrotreated vegetable oil. A premium renewable biofuel for diesel engines

Energy Technology Data Exchange (ETDEWEB)

Mikkonen, Seppo [Neste Oil, Porvoo (Finland); Honkanen, Markku; Kuronen, Markku [Neste Oil, Espoo (Finland)

2013-06-01

HVO is renewable paraffinic diesel fuel produced from vegetable oils or animal fats by hydrotreating and isomerization. Composition is similar to GTL. HVO is not ''biodiesel'' which is a definition reserved for FAME. HVO can be used in diesel fuel without any ''blending wall'' as well as in addition to the FAME in EN 590. As a blending component HVO enhances fuel properties thanks to its high cetane, zero aromatics and reasonable distillation range. HVO can be used for upgrading gas oils to meet diesel fuel standard and for producing premium diesel fuels. HVO is comparable to fossil diesel regarding fuel logistics, stability, water separation and microbiological growth. The use of HVO as such or in blends reduces NO{sub x} and particulate emissions. Risks for fuel system deposits and engine oil deterioration are low. Combustion is practically ash-free meaning low risk for exhaust aftertreatment life-time. Winter grade fuels down to -40 C cloud point can be produced by HVO process from many kinds of feedstocks. HVO is fully accepted by directives and fuel standards. (orig.)

Curb Your Premium

DEFF Research Database (Denmark)

Amaral-Garcia, Sofia; Grembi, Veronica

2014-01-01

institutional setting. In particular, we implement a difference-in-differences strategy using Italian data at the provider level from 2001 to 2008 to evaluate the impact of monitoring claims on medical liability expenditures, measured as insurance premiums and legal expenditures, which was adopted by only some...... 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...

Is there a price premium for energy efficiency labels? Evidence from the Introduction of a Label in Korea

International Nuclear Information System (INIS)

Park, Ju Young

2017-01-01

This study examines the price premium from Korea's Energy Efficiency Grade Label. The Korean government recently began energy certification of televisions, providing a setting to analyze a possible price effect of the new label. Hedonic regression results seem to show that a price premium exists for products with the Energy Efficiency Grade Label. However, potential unobserved heterogeneity is a concern. Difference-in-difference and fixed-effects models are used to capture the net effect of the label by controlling for time and product differences. The results suggest that any price premium does not result from the energy efficiency label itself. Instead, energy-efficient products already had higher prices before the introduction of the energy efficiency label. The finding turns our attention to the importance of careful design of labeling programs. - Highlights: • The study examines the price premium from Korea's Energy Efficiency Grade Label. • Difference-in-difference and fixed-effects models are used to address potential unobserved heterogeneity and to capture the net effect of the label by controlling for time and product differences. • The result suggests that any price premium does not result from the energy efficiency label itself; instead, energy-efficient products already have higher prices before the introduction of the energy efficiency label. • The finding turns our attention to the importance of careful design of labeling programs.

24 CFR 241.1030 - Mortgage insurance premiums.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgage insurance premiums. 241... Loans-Eligibility Requirements § 241.1030 Mortgage insurance premiums. The lender, upon endorsement of the note, shall pay the Commissioner a first mortgage insurance premium equal to 0.5 percent of the...

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...

24 CFR 221.254 - Mortgage insurance premiums.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgage insurance premiums. 221... Cost Homes § 221.254 Mortgage insurance premiums. (a) All of the provisions of §§ 203.260 through 203.295 of this chapter relating to mortgage insurance premiums shall apply to mortgages insured under...

Premium Forecasting of AN Insurance Company:

Science.gov (United States)

Fouladvand, M. Ebrahim; Darooneh, Amir H.

We present an analytical study of an insurance company. We model the company's performance on a statistical basis and evaluate the predicted annual income of the company in terms of insurance parameters namely the premium, the total number of insured, average loss claims etc. We restrict ourselves to a single insurance class the so-called automobile insurance. We show the existence of a crossover premium pc below which the company is operating at a loss. Above pc, we also give a detailed statistical analysis of the company's financial status and obtain the predicted profit along with the corresponding risk as well as ruin probability in terms of premium. Furthermore we obtain the optimal premium popt which maximizes the company's profit.

Employee responses to health insurance premium increases.

Science.gov (United States)

Goldman, Dana P; Leibowitz, Arleen A; Robalino, David A

2004-01-01

To determine the sensitivity of employees' health insurance decisions--including the decision to not choose health maintenance organization or fee-for-service coverage--during periods of rapidly escalating healthcare costs. A retrospective cohort study of employee plan choices at a single large firm with a "cafeteria-style" benefits plan wherein employees paid all the additional cost of purchasing more generous insurance. We modeled the probability that an employee would drop coverage or switch plans in response to employee premium increases using data from a single large US company with employees across 47 states during the 3-year period of 1989 through 1991, a time of large premium increases within and across plans. Premium increases induced substantial plan switching. Single employees were more likely to respond to premium increases by dropping coverage, whereas families tended to switch to another plan. Premium increases of 10% induced 7% of single employees to drop or severely cut back on coverage; 13% to switch to another plan; and 80% to remain in their existing plan. Similar figures for those with family coverage were 11%, 12%, and 77%, respectively. Simulation results that control for known covariates show similar increases. When faced with a dramatic increase in premiums--on the order of 20%--nearly one fifth of the single employees dropped coverage compared with 10% of those with family coverage. Employee coverage decisions are sensitive to rapidly increasing premiums, and single employees may be likely to drop coverage. This finding suggests that sustained premium increases could induce substantial increases in the number of uninsured individuals.

Pricing of premiums for equity-linked life insurance based on joint mortality models

Science.gov (United States)

Riaman; Parmikanti, K.; Irianingsih, I.; Supian, S.

2018-03-01

Life insurance equity - linked is a financial product that not only offers protection, but also investment. The calculation of equity-linked life insurance premiums generally uses mortality tables. Because of advances in medical technology and reduced birth rates, it appears that the use of mortality tables is less relevant in the calculation of premiums. To overcome this problem, we use a combination mortality model which in this study is determined based on Indonesian Mortality table 2011 to determine the chances of death and survival. In this research, we use the Combined Mortality Model of the Weibull, Inverse-Weibull, and Gompertz Mortality Model. After determining the Combined Mortality Model, simulators calculate the value of the claim to be given and the premium price numerically. By calculating equity-linked life insurance premiums well, it is expected that no party will be disadvantaged due to the inaccuracy of the calculation result

Premium quality for a mechanical design department

OpenAIRE

Rofín Serrà, Guillem

2009-01-01

This Thesis has been carried out in a market which is expected to grow rapidly in the next decade. Because of this, actors in the market like Alpha want to strengthen their business position through refining the quality of their products and processes. One of the internal targets of MD, a mechanical design department within Alpha, referred to “premium product quality parameters” although these were not defined. Hence, this Thesis intends to contribute in the definition and understanding that ...

24 CFR 266.602 - Mortgage insurance premium: Insured advances.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgage insurance premium: Insured... Contract Rights and Obligations Mortgage Insurance Premiums § 266.602 Mortgage insurance premium: Insured.... On each anniversary of the initial closing, the HFA shall pay an interim mortgage insurance premium...

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.

24 CFR 266.604 - Mortgage insurance premium: Other requirements.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgage insurance premium: Other... Contract Rights and Obligations Mortgage Insurance Premiums § 266.604 Mortgage insurance premium: Other..., based upon the respective share of risk, that is to be used in calculating mortgage insurance premiums...

FUELS IN TOBACCO PRODUCTION

Directory of Open Access Journals (Sweden)

M. Čavlek

2008-09-01

Full Text Available Energy production from biomass can reduce „greenhouse effect” and contribute to solving energy security especially in the agricultural households which rely on energy from fossil fuels. In Croatia fuel-cured tobacco is produced on about 5000 ha. Gross income for the whole production is about 180 000 000 kn/year. Flue-cured tobacco is a high energy consuming crop. There are two parts of energy consumption, for mechanization used for the field production (11% and, energy for bulk-curing (89%. In each case, presently used fuels of fossil origin need to be substituted by an alternative energy source of organic origin. Hereafter attention is paid to finding a more economic and ecologically acceptable fuel for curing tobacco. Curing flue-cured tobacco is done by heated air in curing burns. Various sources of heat have been used; wood, coal, oil and gas. In each case different burning facilities of different efficiency have been used. This has had an impact on curing costs and ecology. Recently, mostly used fuel has been natural gas. However, gas is getting expensive. Consequently, an alternative fuel for curing tobacco is sought for. According to literature, agricultural crops suitable for the latter purpose could be wheat, barley, maize, sorghum, sugar beet and some other annual and perennial plant species. Wooden pellets (by-products are suitable for combustion too. Ligno-cellulose fuels have been used for heating since long time. However, not sufficient research has been done from an applied point of view (Venturi and Venturi, 2003. Fuel combustion is getting more efficient with developing technological innovations. The curing barn manufacturers are offering technology for combusting wooden pellets (by-products for curing tobacco. The pellets are available on domestic market. The same technology can be used for combustion of maize grain. Within “Hrvatski duhani” research on suitability of using wooden pellets and maize grain and whole

77 FR 26698 - Allocation of Mortgage Insurance Premiums

Science.gov (United States)

2012-05-07

... Allocation of Mortgage Insurance Premiums AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Final... explain how to allocate prepaid qualified mortgage insurance premiums to determine the amount of the... Act of 2010. The regulations affect taxpayers who pay prepaid qualified mortgage insurance premiums...

Marriage Premium in Turkey

OpenAIRE

Mercan, Murat A.

2011-01-01

This paper contributes to the literature in three ways. Our first contribution is calculating the marriage premium for Turkey. Our results suggest that married men earn 27 percent more than single men and married women earn 4 percent less than single women. Our second contribution is calculating the marriage premium for Turkey’s regions. For men, the wage difference is the smallest, 0.43, in Istanbul. The difference is highest in Akdeniz region. For women, the wage difference is smallest, -0....

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

Science.gov (United States)

Walzer, Stefan

2007-01-01

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. 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 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). 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.

49 CFR 260.17 - Credit risk premium analysis.

Science.gov (United States)

2010-10-01

... 49 Transportation 4 2010-10-01 2010-10-01 false Credit risk premium analysis. 260.17 Section 260... Financial Assistance § 260.17 Credit risk premium analysis. (a) When Federal appropriations are not available to cover the total subsidy cost, the Administrator will determine the Credit Risk Premium...

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)

Costs of electronuclear fuel production

International Nuclear Information System (INIS)

Flaim, T.; Loose, V.

1978-07-01

The Los Alamos Scientific Laboratory (LASL) proposes to study the electronuclear fuel producer (EFP) as a means of producing fissile fuel to generate electricity. The main advantage of the EFP is that it may reduce the risks of nuclear proliferation by breeding 233 U from thorium, thereby avoiding plutonium separation. A report on the costs of electronuclear fuel production based upon two designs considered by LASL is presented. The findings indicate that the EFP design variations considered are not likely to result in electricity generation costs as low as the uranium fuel cycle used in the US today. At current estimates of annual fuel output (500 kg 233 U per EFP), the costs of electricity generation using fuel produced by the EFP are more than three times higher than generating costs using the traditional fuel cycle. Sensitivity analysis indicates that electronuclear fuel production would become cost competitive with the traditional uranium fuel cycle when U 3 O 8 (yellowcake) prices approach $1000 per pound

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...

Storage and the electricity forward premium

International Nuclear Information System (INIS)

Douglas, Stratford; Popova, Julia

2008-01-01

We develop and test a model describing the influence of natural gas storage inventories on the electricity forward premium. The model is constructed by linking the effect of gas storage constraints on the higher moments of the distribution of electricity prices to an established model of the effect of those moments on the forward premium. The model predicts a sharply negative effect of gas storage inventories on the electricity forward premium when demand for electricity is high and space-heating demand for gas is low. Empirical results, based on PJM data, strongly support the model. (author)

7 CFR 400.710 - Preemption and premium taxation.

Science.gov (United States)

2010-01-01

... 7 Agriculture 6 2010-01-01 2010-01-01 false Preemption and premium taxation. 400.710 Section 400... of Policies and Rates of Premium § 400.710 Preemption and premium taxation. A policy or plan of insurance that is approved by the Board for FCIC reinsurance is preempted from state and local taxation. ...

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.

24 CFR 266.600 - Mortgage insurance premium: Insurance upon completion.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgage insurance premium... MULTIFAMILY PROJECT LOANS Contract Rights and Obligations Mortgage Insurance Premiums § 266.600 Mortgage insurance premium: Insurance upon completion. (a) Initial premium. For projects insured upon completion, on...

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.

Aviation fuel and future oil production scenarios

International Nuclear Information System (INIS)

Nygren, Emma; Aleklett, Kjell; Hoeoek, Mikael

2009-01-01

Most aviation fuels are jet fuels originating from crude oil. Crude oil must be refined to be useful and jet fuel is only one of many products that can be derived from crude oil. Jet fuel is extracted from the middle distillates fraction and competes, for example, with the production of diesel. Crude oil is a limited natural resource subject to depletion and several reports indicate that the world's crude oil production is close to the maximum level and that it will start to decrease after reaching this maximum. A post-Kyoto political agenda to reduce oil consumption will have the same effect on aviation fuel production as a natural decline in the crude oil production. On the other hand, it is predicted by the aviation industry that aviation traffic will keep on increasing. The industry has put ambitious goals on increases in fuel efficiency for the aviation fleet. Traffic is predicted to grow by 5% per year to 2026, fuel demand by about 3% per year. At the same time, aviation fuel production is predicted to decrease by several percent each year after the crude oil production peak is reached resulting in a substantial shortage of jet fuel by 2026. The aviation industry will have a hard time replacing this with fuel from other sources, even if air traffic remains at current levels.

Bio-fuel production potential in Romania

International Nuclear Information System (INIS)

Laurentiu, F.; Silvian, F.; Dumitru, F.

2006-01-01

The paper is based on the ESTO Study: Techno- Economic Feasibility of Large-Scale Production of Bio-Fuels in EU-Candidate Countries. Bio-fuel production has not been taken into account significantly until now in Romania, being limited to small- scale productions of ethanol, used mostly for various industrial purposes. However the climatic conditions and the quality of the soil are very suitable in the country for development of the main crops (wheat, sugar-beet, sunflower and rape-seed) used in bio-ethanol and bio-diesel production. The paper intended to consider a pertinent discussion of the present situation in Romania's agriculture stressing on the following essential items in the estimation of bio-fuels production potential: availability of feed-stock for bio-fuel production; actual productions of bio-fuels; fuel consumption; cost assessment; SWOT approach; expected trends. Our analysis was based on specific agricultural data for the period 1996-2000. An important ethanol potential (due to wheat, sugar-beet and maize cultures), as well as bio-diesel one (due to sun-flower and rape-seed) were predicted for the period 2005-2010 which could be exploited with the support of an important financial and technological effort, mainly from EU countries

The Consumption of Premium Coffee-The Influence of Hedonic Needs vs. Utilitarian Needs

OpenAIRE

Hew, Keat Loong

2013-01-01

The paper looks at the influence that hedonic and utilitarian needs exude on consumer’s preference for premium coffee and ultimately their willingness to pay a premium for the coffee. Utilitarian needs are related to a desire to achieve some functional or practical benefit and often linked with the notion of product performance and usefulness (e.g. drinking coffee to accomplish a specific task such as a need to stay alert due to work requirement). It has tangible and actual attributes where c...

Insurance premiums and insurance coverage of near-poor children.

Science.gov (United States)

Hadley, Jack; Reschovsky, James D; Cunningham, Peter; Kenney, Genevieve; Dubay, Lisa

States increasingly are using premiums for near-poor children in their public insurance programs (Medicaid/SCHIP) to limit private insurance crowd-out and constrain program costs. Using national data from four rounds of the Community Tracking Study Household Surveys spanning the seven years from 1996 to 2003, this study estimates a multinomial logistic regression model examining how public and private insurance premiums affect insurance coverage outcomes (Medicaid/SCHIP coverage, private coverage, and no coverage). Higher public premiums are significantly associated with a lower probability of public coverage and higher probabilities of private coverage and uninsurance; higher private premiums are significantly related to a lower probability of private coverage and higher probabilities of public coverage and uninsurance. The results imply that uninsurance rates will rise if both public and private premiums increase, and suggest that states that impose or increase public insurance premiums for near-poor children will succeed in discouraging crowd-out of private insurance, but at the expense of higher rates of uninsurance. Sustained increases in private insurance premiums will continue to create enrollment pressures on state insurance programs for children.

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.

Characterization and supply of coal-based fuels

Energy Technology Data Exchange (ETDEWEB)

1989-06-01

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, particulary in slurry fuel preparation and particle size distribution.

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.

78 FR 70856 - Information Reporting of Mortgage Insurance Premiums

Science.gov (United States)

2013-11-27

... Information Reporting of Mortgage Insurance Premiums AGENCY: Internal Revenue Service (IRS), Treasury. ACTION... regulations that require information reporting by persons who receive mortgage insurance premiums, including... reporting requirements that result from the extension of the treatment of mortgage insurance premiums made...

Wood fuel production technologies in EU countries

Energy Technology Data Exchange (ETDEWEB)

Hakkila, P [Finnish Forest Research Institute, Vantaa (Finland)

1998-12-31

The presentation reviews the major technologies used for the production of fuel chips for heating plants in Europe. Three primary options are considered: production of whole-tree chips from young trees for fuel; integrated harvesting of fiber and energy from thinning based on tree-section system; and production of fuel chips from logging residue in clear-cut areas after fully mechanized logging. The characteristics of the available biomass reserve and proven technology for its recovery are discussed. The employment effects of fuel chip production and the costs of wood fuels are also briefly discussed. (author) 3 refs., 3 figs.

Wood fuel production technologies in EU countries

Energy Technology Data Exchange (ETDEWEB)

Hakkila, P. [Finnish Forest Research Institute, Vantaa (Finland)

1997-12-31

The presentation reviews the major technologies used for the production of fuel chips for heating plants in Europe. Three primary options are considered: production of whole-tree chips from young trees for fuel; integrated harvesting of fiber and energy from thinning based on tree-section system; and production of fuel chips from logging residue in clear-cut areas after fully mechanized logging. The characteristics of the available biomass reserve and proven technology for its recovery are discussed. The employment effects of fuel chip production and the costs of wood fuels are also briefly discussed. (author) 3 refs., 3 figs.

The dynamics of risk premiums in Nord Pool's futures market

International Nuclear Information System (INIS)

Mork, E.

2006-01-01

Premiums in futures prices are usually considered through the use of 2 models: a no-arbitrage model; and the equilibrium approach or theory of normal backwardation. The no-arbitrage approach equates futures prices with spot prices, storage costs and convenience yields, and is difficult to apply to electricity markets. This paper investigated future electricity prices in Nord Pool's futures market using an equilibrium approach, which split futures prices into an expected spot price component and a risk premium component. Three main hypotheses were used: (1) that risk premiums were present in the Nord Pool futures market during the period 1997-2004; that risk premiums in the Nord Pool futures market were smaller or absent during the period of 2000 to 2002; and, that there was a significant change in risk premiums in Nord Pool's futures market after the winter of 2002-2003 due to a change in consumer hedging behaviour. Futures prices were compared to realized spot prices in their delivery periods in order to test the hypotheses. In order to estimate the futures premiums, a 1-sample test was performed on the entire period for 1, 30, 60, and 90 days before delivery of the block or month contract. The test employed the null hypothesis that the futures premiums were 0. Premiums were positive and varied between 3.7 per cent and 9.3 per cent. The purpose of the study was to determine whether risk premiums were present. Results showed that risk premiums varied over time. Two additional hypotheses were then investigated to examine whether the presence of outside speculators reduced risk premiums, and to see if a period of high prices and volatility caused more buyers to hedge in the futures market. Results showed that in the face of volatility and higher prices, consumers do not purchase fixed-price contracts which would ultimately increase futures premiums in the market. It was concluded that premiums are an important element in the pricing of Nord Pool futures and forwards

ACA Marketplace premiums and competition among hospitals and physician practices.

Science.gov (United States)

Polyakova, Maria; Bundorf, M Kate; Kessler, Daniel P; Baker, Laurence C

2018-02-01

To examine the association between annual premiums for health plans available in Federally Facilitated Marketplaces (FFMs) and the extent of competition and integration among physicians and hospitals, as well as the number of insurers. We used observational data from the Center for Consumer Information and Insurance Oversight on the annual premiums and other characteristics of plans, matched to measures of physician, hospital, and insurer market competitiveness and other characteristics of 411 rating areas in the 37 FFMs. We estimated multivariate models of the relationship between annual premiums and Herfindahl-Hirschman indices of hospitals and physician practices, controlling for the number of insurers, the extent of physician-hospital integration, and other plan and rating area characteristics. Premiums for Marketplace plans were higher in rating areas in which physician, hospital, and insurance markets were less competitive. An increase from the 10th to the 90th percentile of physician concentration and hospital concentration was associated with increases of $393 and $189, respectively, in annual premiums for the Silver plan with the second lowest cost. A similar increase in the number of insurers was associated with a $421 decrease in premiums. Physician-hospital integration was not significantly associated with premiums. Premiums for FFM plans were higher in markets with greater concentrations of hospitals and physicians but fewer insurers. Higher premiums make health insurance less affordable for people purchasing unsubsidized coverage and raise the cost of Marketplace premium tax credits to the government.

31 CFR 337.8 - Payment of mortgage insurance premiums.

Science.gov (United States)

2010-07-01

... insurance premiums. When certificated debentures are tendered for purchase prior to maturity in order that the proceeds thereof be applied to pay for mortgage insurance premiums, any difference between the amount of the debentures purchased and the amount of the mortgage insurance premium will generally be...

Fuel-sodium reaction product formation in breached mixed-oxide fuel

International Nuclear Information System (INIS)

Bottcher, J.H.; Lambert, J.D.B.; Strain, R.V.; Ukai, S.; Shibahara, S.

1988-01-01

The run-beyond-cladding-breach (RBCB) operation of mixed-oxide LMR fuel pins has been studied for six years in the Experimental Breeder Reactor-II (EBR-II) as part of a joint program between the US Department of Energy and the Power Reactor and Nuclear Fuel Development Corporation of Japan. The formation of fuel-sodium reaction product (FSRP), Na 3 MO 4 , where M = U/sub 1-y/Pu/sub y/, in the outer fuel regions is the major phenomenon governing RBCB behavior. It increases fuel volume, decreases fuel stoichiometry, modifies fission-product distributions, and alters thermal performance of a pin. This paper describes the morphology of Na 3 MO 4 observed in 5.84-mm diameter pins covering a variety of conditions and RBCB times up to 150 EFPD's. 8 refs., 1 fig

Premium Pricing of Liability Insurance Using Random Sum Model

Directory of Open Access Journals (Sweden)

Mujiati Dwi Kartikasari

2017-03-01

Full Text Available Premium pricing is one of important activities in insurance. Nonlife insurance premium is calculated from expected value of historical data claims. The historical data claims are collected so that it forms a sum of independent random number which is called random sum. In premium pricing using random sum, claim frequency distribution and claim severity distribution are combined. The combination of these distributions is called compound distribution. By using liability claim insurance data, we analyze premium pricing using random sum model based on compound distribution

The Skew Risk Premium in the Equity Index Market

OpenAIRE

Roman Kozhan; Anthony Neuberger; Paul Schneider

2013-01-01

We develop a new method for measuring moment risk premiums. We find that the skew premium accounts for over 40% of the slope in the implied volatility curve in the S&P 500 market. Skew risk is tightly related to variance risk, in the sense that strategies designed to capture the one and hedge out exposure to the other earn an insignificant risk premium. This provides a new testable restriction for asset pricing models trying to capture, in particular, disaster risk premiums. We base our resul...

A comment on 'Storage and the electricity forward premium'

International Nuclear Information System (INIS)

Bloys van Treslong, Adriaan; Huisman, Ronald

2010-01-01

This paper examines the robustness of the results found by Douglas and Popova (2008). They examine the electricity forward premium in relation to gas storage inventories and find that, although electricity is not directly storable, electricity forward premiums are lower when gas storage inventories are higher, especially on days with high temperatures. Douglas and Popova (2008) derive their results from a forward premium model that is an extension of the Bessembinder and Lemmon (2002) model. We examine whether the gas storage inventory results hold under a different specification of the forward risk premium. Our results support the results found by Douglas and Popova (2008) and show that their results are not influenced by the specification of the forward premium model. (author)

A note on weighted premium calculation principles

NARCIS (Netherlands)

Kaluszka, M.; Laeven, R.J.A.; Okolewski, A.

2012-01-01

A prominent problem in actuarial science is to determine premium calculation principles that satisfy certain criteria. Goovaerts et al. [Goovaerts, M. J., De Vylder, F., Haezendonck, J., 1984. Insurance Premiums: Theory and Applications. North-Holland, Amsterdam, p. 84] establish an optimality-type

Explaining the so-called 'price premium' in oil markets

International Nuclear Information System (INIS)

Merino, A.; Ortiz, A.

2005-01-01

This paper explores the information content of several variables on the so-called ''oil price premium over fundamentals''. We define this premium as the difference between the market oil price and the estimated price consistent with the OECD's relative industry stock level. By using Granger causality tests and extended regressions we test the systematic ability of a broad set of variables to explain the premium. We find that speculation in the oil market - measured by non-commercial long positions - can improve the traditional model, reducing the premium significantly during some parts of the sample. (author)

Alternative Fuels Data Center: Conventional Natural Gas Production

Science.gov (United States)

Conventional Natural Gas Production to someone by E-mail Share Alternative Fuels Data Center : Conventional Natural Gas Production on Facebook Tweet about Alternative Fuels Data Center: Conventional Natural Gas Production on Twitter Bookmark Alternative Fuels Data Center: Conventional Natural Gas Production

Performance and emissions of a heavy duty diesel engine fuelled whit palm oil biodiesel and premium diesel

International Nuclear Information System (INIS)

Acevedo, Helmer; Mantilla, Juan

2011-01-01

Biodiesels are promoted as alternative fuels due their potential to reduce dependency on fossil fuels and carbon emissions. Research has been addressed in order to study the emissions of light duty vehicles. However, the particle matter and gaseous emissions emitted from heavy-duty diesel engines fueled with palm-biodiesel and premium diesel fuel have seldom been addressed. The objective of this study was to explore the performance and emission levels of a Cummins 4-stroke, 9.5 liter, 6-cylinder diesel engine with common rail fuel injection, and a cooled exhaust gas recirculation (EGR). The palm-biodiesel lowered maximum engine output by much as 10 %. The engine emissions data is compared to standards from 2004, and is determined to pass all standards for diesel fuel, but does not meet emissions standards for PM or NOx for palm-biodiesel.

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.

Fuel morphology effects on fission product release

International Nuclear Information System (INIS)

Osetek, D.J.; Hartwell, J.K.; Cronenberg, A.W.

1986-01-01

Results are presented of fission product release behavior observed during four severe fuel damage tests on bundles of UO 2 fuel rods. Transient temperatures up to fuel melting were obtained in the tests that included both rapid and slow cooldown, low and high (36 GWd/t) burnup fuel and the addition of Ag-In-Cd control rods. Release fractions of major fission product species and release rates of noble gas species are reported. Significant differences in release behavior are discussed between heatup and cooldown periods, low and high burnup fuel and long- and short-lived fission products. Explanations for the observed differences are offered that relate fuel morphology changes to the releases

Evaluation of wood residues from Crete as alternative fuels

Energy Technology Data Exchange (ETDEWEB)

Vamvuka, D. [Department of Mineral Resources Engineering, Technical University of Crete (Greece); Bandelis, G. [Professional School of Chania, EPAS Chania (Greece)

2010-07-01

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.

Credit frictions, collateral and the cyclical behavior of the finance premium

NARCIS (Netherlands)

Agénor, P.-R.; Bratsiotis, G.; Pfajfar, D.

This paper examines the behavior of the finance premium after technology and monetary shocks in a dynamic stochastic general equilibrium (DSGE) model where borrowers use a fraction of their production (output) as collateral. We show that this simple framework is capable of producing a

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.

Incentive-compatible guaranteed renewable health insurance premiums.

Science.gov (United States)

Herring, Bradley; Pauly, Mark V

2006-05-01

Theoretical models of guaranteed renewable insurance display front-loaded premium schedules. Such schedules both cover lifetime total claims of low-risk and high-risk individuals and provide an incentive for those who remain low-risk to continue to purchase the policy. Questions have been raised of whether actual individual insurance markets in the US approximate the behavior predicted by these models, both because young consumers may not be able to "afford" front-loading and because insurers may behave strategically in ways that erode the value of protection against risk reclassification. In this paper, the optimal competitive age-based premium schedule for a benchmark guaranteed renewable health insurance policy is estimated using medical expenditure data. Several factors are shown to reduce the amount of front-loading necessary. Indeed, the resulting optimal premium path increases with age. Actual premium paths exhibited by purchasers of individual insurance are close to the optimal renewable schedule we estimate. Finally, consumer utility associated with the feature is examined.

Traversing the mountaintop: world fossil fuel production to 2050.

Science.gov (United States)

Nehring, Richard

2009-10-27

During the past century, fossil fuels--petroleum liquids, natural gas and coal--were the dominant source of world energy production. From 1950 to 2005, fossil fuels provided 85-93% of all energy production. All fossil fuels grew substantially during this period, their combined growth exceeding the increase in world population. This growth, however, was irregular, providing for rapidly growing per capita production from 1950 to 1980, stable per capita production from 1980 to 2000 and rising per capita production again after 2000. During the past half century, growth in fossil fuel production was essentially limited by energy demand. During the next half century, fossil fuel production will be limited primarily by the amount and characteristics of remaining fossil fuel resources. Three possible scenarios--low, medium and high--are developed for the production of each of the fossil fuels to 2050. These scenarios differ primarily by the amount of ultimate resources estimated for each fossil fuel. Total fossil fuel production will continue to grow, but only slowly for the next 15-30 years. The subsequent peak plateau will last for 10-15 years. These production peaks are robust; none of the fossil fuels, even with highly optimistic resource estimates, is projected to keep growing beyond 2050. World fossil fuel production per capita will thus begin an irreversible decline between 2020 and 2030.

The conditional size premium and intertemporal risk

DEFF Research Database (Denmark)

de Oliveira Souza, Thiago

2018-01-01

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...

Insurer Competition In Federally Run Marketplaces Is Associated With Lower Premiums.

Science.gov (United States)

Jacobs, Paul D; Banthin, Jessica S; Trachtman, Samuel

2015-12-01

Federal subsidies for health insurance premiums sold through the Marketplaces are tied to the cost of the benchmark plan, the second-lowest-cost silver plan. According to economic theory, the presence of more competitors should lead to lower premiums, implying smaller federal outlays for premium subsidies. The long-term impact of the Affordable Care Act on government spending will depend on the cost of these premium subsidies over time, with insurer participation and the level of competition likely to influence those costs. We studied insurer participation and premiums during the first two years of the Marketplaces. We found that the addition of a single insurer in a county was associated with a 1.2 percent lower premium for the average silver plan and a 3.5 percent lower premium for the benchmark plan in the federally run Marketplaces. We found that the effect of insurer entry was muted after two or three additional entrants. These findings suggest that increased insurer participation in the federally run Marketplaces reduces federal payments for premium subsidies. Project HOPE—The People-to-People Health Foundation, Inc.

Land Suitability and Insurance Premiums: A GIS-based Multicriteria Analysis Approach for Sustainable Rice Production

Directory of Open Access Journals (Sweden)

Md Monjurul Islam

2018-05-01

Full Text Available The purpose of this research is to develop a land suitability model for rice production based on suitability levels and to propose insurance premiums to obtain maximum returns based on the harvest index and subsidy dependence factor for the marginal and moderately suitable lands in the northern part of Bangladesh. A multicriteria analysis was undertaken and a rice land suitability map was developed using geographical information system and analytical hierarchy process. The analysis identified that 22.74% of the area was highly suitable, while 14.86% was marginally suitable, and 28.54% was moderately suitable for rice production. However, 32.67% of the area, which was occupied by water bodies, rivers, forests, and settlements, is permanently not suitable; 1.19% is presently not suitable. To motivate low-quality land owners to produce rice, there is no alternative but to provide protection through crop insurance. We suggest producing rice up to marginally suitable lands to obtain support from insurance. The minimum coverage is marginal coverage (70% to cover the production costs, while the maximum coverage is high coverage (90% to enable a maximum return. This new crop insurance model, based on land suitability can be a rational support for owners of different quality land to increase production.

Bio-diesel fuels production: Feasibility studies

International Nuclear Information System (INIS)

Tabasso, L.

1993-01-01

This paper reviews the efforts being made by Italy's national government and private industry to develop diesel engine fuels derived from vegetable oils, in particular, sunflower seed oil. These fuels are being promoted in Italy from the environmental protection stand-point in that they don't contain any sulfur, the main cause of acid rain, and from the agricultural stand-point in that they provide Italian farmers, whose food crop production capacity is limited due to European Communities agreements, with the opportunity to use their set-aside land for the production of energy crops. This paper provides brief notes on the key performance characteristics of bio-diesel fuels, whose application doesn't require any modifications to diesel engines, apart from minor adjustments to the air/fuel mix regulating system, and assesses commercialization prospects. Brief mention is made of the problems being encountered by the Government in the establishing fair bio-fuel production tax rebates which are compatible with the marketing practices of the petroleum industry. One of the strategies being considered is to use the bio-fuels as additives to be mixed with conventional fuel oils so as to derive a fuel which meets the new European air pollution standards

The Association of State Rate Review Authority with Health Insurance Premiums.

Science.gov (United States)

Ticse, Caroline

2015-10-01

Key findings. (1) Adjusted premiums in the individual market in states with prior approval authority combined with loss ratio requirements were lower in 2010-2013 than premiums in states with no rate review authority or file-and-use regulations only. (2) Adjusted premiums declined modestly in prior approval states while premiums increased in states with no rate review authority or with file-and-use regulations only. (3) The findings suggest that states with prior approval authority and loss ratio requirements constrained increases in health insurance premiums.

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.

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.

5 CFR 410.402 - Paying premium pay.

Science.gov (United States)

2010-01-01

... 5 Administrative Personnel 1 2010-01-01 2010-01-01 false Paying premium pay. 410.402 Section 410... for Training Expenses § 410.402 Paying premium pay. (a) Prohibitions. Except as provided by paragraph (b) of this section, an agency may not use its funds, appropriated or otherwise available, to pay...

12 CFR 217.101 - Premiums on deposits.

Science.gov (United States)

2010-01-01

... from paying interest on a demand deposit. Premiums, whether in the form of merchandise, credit, or cash... AGAINST THE PAYMENT OF INTEREST ON DEMAND DEPOSITS (REGULATION Q) Interpretations § 217.101 Premiums on... that is not, directly or indirectly, related to or dependent on the balance in a demand deposit account...

Premium adjustment: actuarial analysis on epidemiological models ...

African Journals Online (AJOL)

In this paper, we analyse insurance premium adjustment in the context of an epidemiological model where the insurer's future financial liability is greater than the premium from patients. In this situation, it becomes extremely difficult for the insurer since a negative reserve would severely increase its risk of insolvency, ...

Required Market Risk Premium among countries in 2012

Directory of Open Access Journals (Sweden)

Pablo Fernandez

2015-12-01

This survey also links with the Equity Premium Puzzle. It may be explained by the fact that many market participants use historical data and advice from textbooks and finance professors. Consequently, ex-ante equity premia have been high, most market prices have been consistently undervalued, and the ex-post risk premia has been also high. Many investors use historical data and textbook prescriptions to estimate the required and the expected equity premium, the undervaluation and the high ex-post risk premium are self fulfilling prophecies.

7 CFR 1962.29 - Payment of fees and insurance premiums.

Science.gov (United States)

2010-01-01

... 7 Agriculture 14 2010-01-01 2009-01-01 true Payment of fees and insurance premiums. 1962.29... Security § 1962.29 Payment of fees and insurance premiums. (a) Fees. (1) Security instruments. Borrowers... the service cannot be obtained without cost. (b) Insurance premiums. County Supervisors are authorized...

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

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgage insurance premium: Pro... PROJECT LOANS Contract Rights and Obligations Mortgage Insurance Premiums § 266.608 Mortgage insurance premium: Pro rata refund. If the Contract of Insurance is terminated by payment in full or is terminated...

Height premium for job performance.

Science.gov (United States)

Kim, Tae Hyun; Han, Euna

2017-08-01

This study assessed the relationship of height with wages, using the 1998 and 2012 Korean Labor and Income Panel Study data. The key independent variable was height measured in centimeters, which was included as a series of dummy indicators of height per 5cm span (wages to assess the heterogeneity in the height-wage relationship, across the conditional distribution of monthly wages. We found a non-linear relationship of height with monthly wages. For men, the magnitude of the height wage premium was overall larger at the upper quantile of the conditional distribution of log monthly wages than at the median to low quantile, particularly in professional and semi-professional occupations. The height-wage premium was also larger at the 90th quantile for self-employed women and salaried men. Our findings add a global dimension to the existing evidence on height-wage premium, demonstrating non-linearity in the association between height and wages and heterogeneous changes in the dispersion and direction of the association between height and wages, by wage level. Copyright © 2017 Elsevier B.V. All rights reserved.

24 CFR 232.825 - Pro rata refund of insurance premium.

Science.gov (United States)

2010-04-01

... ASSISTED LIVING FACILITIES Contract Rights and Obligations Premiums § 232.825 Pro rata refund of insurance premium. Upon termination of a loan insurance contract by a payment in full or by a voluntary termination... rata portion of the current annual loan insurance premium theretofore paid which is applicable to the...

12 CFR 741.4 - Insurance premium and one percent deposit.

Science.gov (United States)

2010-01-01

... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Insurance premium and one percent deposit. 741... Insurance premium and one percent deposit. (a) Scope. This section implements the requirements of Section... payment of an insurance premium. (b) Definitions. For purposes of this section: (1) Available assets ratio...

77 FR 30377 - Health Insurance Premium Tax Credit

Science.gov (United States)

2012-05-23

... Health Insurance Premium Tax Credit AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Final regulations. SUMMARY: This document contains final regulations relating to the health insurance premium tax... categories of immigrants described in the Children's Health Insurance Program Reauthorization Act. One...

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.

24 CFR 241.825 - Pro rata refund of insurance premium.

Science.gov (United States)

2010-04-01

... Projects Without a HUD-Insured or HUD-Held Mortgage Premiums § 241.825 Pro rata refund of insurance premium... of the current annual loan insurance premium theretofore paid which is applicable to the portion of... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Pro rata refund of insurance...

24 CFR 207.252e - Method of payment of mortgage insurance premiums.

Science.gov (United States)

2010-04-01

... insurance premiums. 207.252e Section 207.252e Housing and Urban Development Regulations Relating to Housing... Premiums § 207.252e Method of payment of mortgage insurance premiums. In the cases that the Commissioner... mortgagees, that mortgage insurance premiums be remitted electronically. [63 FR 1303, Jan. 8, 1998] ...

Environment and fuel choice

International Nuclear Information System (INIS)

Ellerman, A.D.

1992-01-01

The efficacy of environmental regulation as a determinant of fossil fuel choice is examined, with a focus on coal and natural gas in the United States market. It is thought that with the current concern over greenhouse gas emissions, gas would become the fuel of choice and would benefit from measures such as emission trading and carbon taxes. In the USA, in spite of environmental regulations set forth in the Clean Air Act, coal consumption has not decreased with respect to gas because coal is successfully competing on an economic and environmental level. Coal mine productivity has increased over the past 15 years and significant progress has been made in both reducing the emission forming materials in coal through better processing and reducing stack emissions via pollution control devices. An economic analysis of the premium that should attach to natural gas as compared to coal for power generation shows that an emissions trading premium on gas is not sufficient to compensate for the lower cost of coal. The advantages of natural gas for power generation lie in the lower capital and operating costs for combined cycle generation technology and the good prospects for a low, long-term equilibrium price for natural gas. Lower wellhead prices and combined cycle technology will cause gas to have a larger share of the electric utility market than coal in areas where transport economics are favorable. However, the economics of existing coal-fired plants favor continued use of coal, and the increase in gas use will depend on the rate at which new plants are built. 4 figs

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.

76 FR 50931 - Health Insurance Premium Tax Credit

Science.gov (United States)

2011-08-17

... Health Insurance Premium Tax Credit AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice of... relating to the health insurance premium tax credit enacted by the Patient Protection and Affordable Care... be able to purchase private health insurance through State-based competitive marketplaces called...

Premium Pricing of Liability Insurance Using Random Sum Model

OpenAIRE

Kartikasari, Mujiati Dwi

2017-01-01

Premium pricing is one of important activities in insurance. Nonlife insurance premium is calculated from expected value of historical data claims. The historical data claims are collected so that it forms a sum of independent random number which is called random sum. In premium pricing using random sum, claim frequency distribution and claim severity distribution are combined. The combination of these distributions is called compound distribution. By using liability claim insurance data, we ...

An empirical study of the information premium on electricity markets

International Nuclear Information System (INIS)

Benth, Fred Espen; Biegler-König, Richard; Kiesel, Rüdiger

2013-01-01

Due to the non-storability of electricity and the resulting lack of arbitrage-based arguments to price electricity forward contracts, a significant time-varying risk premium is exhibited. Using EEX data during the introduction of emission certificates and the German “Atom Moratorium” we show that a significant part of the risk premium in electricity forwards is due to different information sets in spot and forward markets. In order to show the existence of the resulting information premium and to analyse its size we design an empirical method based on techniques relating to enlargement of filtrations and the structure of Hilbert spaces. - Highlights: ► Electricity is non-storable and the classical spot–forward-relationship is invalid. ► Future information will cause an information premium for forward contracts. ► We model this premium mathematically using enlargement of filtrations. ► We develop a statistical method testing for the information premium empirically. ► We apply the test to the 2nd phase of the EUETS and the German “Atom Moratorium”

Obstetricians' rising liability insurance premiums and inductions at late preterm gestations.

Science.gov (United States)

Murthy, Karna; Grobman, William A; Lee, Todd A; Holl, Jane L

2009-04-01

To estimate the association between professional liability insurance premiums for obstetricians and late preterm induction (LPI) rates. Data from the National Center for Health Statistics were used to identify all Illinois women pregnant with singletons at 34 weeks' gestation from 1991 to 2003. The independent association between LPI (induction between 34 and 37 weeks' gestation) rates and the previous year's obstetric malpractice insurance premiums was evaluated using linear regression. The mean annual LPI rate (5.4/1000 in 1991 to 15.2/1000 in 2003, P insurance premiums ($55,480 to $110,613, P insurance premium. Rising premiums are associated with increased frequency of LPI among women with singleton gestations.

Can large long-term investors capture illiquidity premiums

NARCIS (Netherlands)

de Jong, F.C.J.M.; Driessen, J.J.A.G.

2015-01-01

In this paper we perform a literature study to assess whether large long-term investors can benefit from liquidity premiums in different asset classes. We both describe the theoretical predictions on liquidity premiums and portfolio choice with illiquidity, as well as empirical evidence on liquidity

78 FR 7264 - Health Insurance Premium Tax Credit

Science.gov (United States)

2013-02-01

... DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Part 1 [TD 9611] RIN 1545-BL49 Health Insurance Premium Tax Credit AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Final regulations. SUMMARY: This document contains final regulations relating to the health insurance premium tax credit...

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.

Behavior of fission products released from severely damaged fuel during the PBF severe fuel damage tests

International Nuclear Information System (INIS)

Osetek, D.J.; Cronenberg, A.W.; Hagrman, D.L.; Broughton, J.M.; Rest, J.

1984-01-01

The results of fission product release behavior during the first two Power Burst Facility Severe Fuel Damage tests are presented. Measured fission product release is compared with calculated release using temperature dependent release rate correlations and FASTGRASS analysis. The test results indicate that release from fuel of the high volatility fission products (Xe, Kr, I, Cs, and Te) is strongly influenced by parameters other than fuel temperature; namely fuel/fission product morphology, fuel and cladding oxidation state, extent of fuel liquefaction, and quench induced fuel shattering. Fission product transport from the test fuel through the sample system was strongly influenced by chemical effects. Holdup of I and Cs was affected by fission product chemistry, and transport time while Te release was primarily influenced by the extent of zircaloy oxidation. Analysis demonstrates that such integral test data can be used to confirm physical, chemical, and mechanistic models of fission product behavior for severe accident conditions

CHIP premiums, health status, and the insurance coverage of children.

Science.gov (United States)

Marton, James; Talbert, Jeffery C

2010-01-01

This study uses the introduction of premiums into Kentucky's Children's Health Insurance Program (KCHIP) to examine whether the enrollment impact of new premiums varies by child health type. We also examine the extent to which children find alternative coverage after premium nonpayment. Public insurance claims data suggest that those with chronic health conditions are less likely to leave public coverage. We find little evidence of a differential impact of premiums on enrollment among the chronically ill. Our survey of nonpayers shows that 56% of responding families found alternative private or public health coverage for their children after losing CHIP.

A comparison of temperature increases produced by "premium" and "standard" diamond burs: An in-vitro study.

Science.gov (United States)

Segal, Pnina; Sap, Danny; Ben-Amar, Ariel; Levartovsky, Shifra; Matalon, Shlomo

2016-02-01

Vital tooth preparations may cause irreversible thermal damage to the pulp. The manufacturing techniques of dental burs may decrease heat production and minimize the risk of overheating and trauma to the dental pulp. Strauss (Raanana, Israel) has introduced "premium" diamond burs, claiming superior efficiency and longevity. We sought to determine the safest preparation methods by performing a comparison of intrapulpal temperature increases caused with "standard" and "premium" burs. Three types of diamond burs (F1R, F21R, and K2) were tested on extracted human teeth (n = 8 teeth per bur type). Premium and standard manufacturing techniques were compared for each bur type (n = 24 teeth per group; total 48 teeth). An intrapulpal thermocouple was used to measure the temperature during the procedure. Comparisons were analyzed with the t test and one-way ANOVA. P ≤ .05 was considered significant. All premium burs demonstrated lower temperature increases compared to the standard burs (P ≤ .001 for F21R and K2, P = .086 for F1R). The temperature increases with premium burs were similar for different bur shapes, but the temperature increases with standard burs depended on the bur shape (P pulp tissue damage, and thus reduce postoperative pulp-associated complications.

Medical malpractice reform and employer-sponsored health insurance premiums.

Science.gov (United States)

Morrisey, Michael A; Kilgore, Meredith L; Nelson, Leonard Jack

2008-12-01

Tort reform may affect health insurance premiums both by reducing medical malpractice premiums and by reducing the extent of defensive medicine. The objective of this study is to estimate the effects of noneconomic damage caps on the premiums for employer-sponsored health insurance. Employer premium data and plan/establishment characteristics were obtained from the 1999 through 2004 Kaiser/HRET Employer Health Insurance Surveys. Damage caps were obtained and dated based on state annotated codes, statutes, and judicial decisions. Fixed effects regression models were run to estimate the effects of the size of inflation-adjusted damage caps on the weighted average single premiums. State tort reform laws were identified using Westlaw, LEXIS, and statutory compilations. Legislative repeal and amendment of statutes and court decisions resulting in the overturning or repealing state statutes were also identified using LEXIS. Using a variety of empirical specifications, there was no statistically significant evidence that noneconomic damage caps exerted any meaningful influence on the cost of employer-sponsored health insurance. The findings suggest that tort reforms have not translated into insurance savings.

48 CFR 2132.770 - Insurance premium payments and special contingency reserve.

Science.gov (United States)

2010-10-01

... 48 Federal Acquisition Regulations System 6 2010-10-01 2010-10-01 true Insurance premium payments... GENERAL CONTRACTING REQUIREMENTS CONTRACT FINANCING Contract Funding 2132.770 Insurance premium payments and special contingency reserve. Insurance premium payments and a special contingency reserve are made...

Generalized financial ratios to predict the equity premium

NARCIS (Netherlands)

Algaba, Andres; Boudt, Kris

2017-01-01

Empirical evidence for the price-dividend ratio to be a predictor of the equity premium is weak. We argue that changes in the economic conditions and market composition lead to a time-varying relationship between prices, dividends and the equity premium. Exploiting the information in the rolling

24 CFR 213.256 - Premiums; insurance upon completion.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Premiums; insurance upon completion... HOUSING AND URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES COOPERATIVE HOUSING MORTGAGE INSURANCE Contract Rights and Obligations-Projects § 213.256 Premiums...

The dynamics of risk premiums in Nord Pool's futures market

Energy Technology Data Exchange (ETDEWEB)

Mork, E. [Consultant, Oslo (Norway)

2006-04-15

Premiums in futures prices are usually considered through the use of 2 models: a no-arbitrage model; and the equilibrium approach or theory of normal backwardation. The no-arbitrage approach equates futures prices with spot prices, storage costs and convenience yields, and is difficult to apply to electricity markets. This paper investigated future electricity prices in Nord Pool's futures market using an equilibrium approach, which split futures prices into an expected spot price component and a risk premium component. Three main hypotheses were used: (1) that risk premiums were present in the Nord Pool futures market during the period 1997-2004; that risk premiums in the Nord Pool futures market were smaller or absent during the period of 2000 to 2002; and, that there was a significant change in risk premiums in Nord Pool's futures market after the winter of 2002-2003 due to a change in consumer hedging behaviour. Futures prices were compared to realized spot prices in their delivery periods in order to test the hypotheses. In order to estimate the futures premiums, a 1-sample test was performed on the entire period for 1, 30, 60, and 90 days before delivery of the block or month contract. The test employed the null hypothesis that the futures premiums were 0. Premiums were positive and varied between 3.7 per cent and 9.3 per cent. The purpose of the study was to determine whether risk premiums were present. Results showed that risk premiums varied over time. Two additional hypotheses were then investigated to examine whether the presence of outside speculators reduced risk premiums, and to see if a period of high prices and volatility caused more buyers to hedge in the futures market. Results showed that in the face of volatility and higher prices, consumers do not purchase fixed-price contracts which would ultimately increase futures premiums in the market. It was concluded that premiums are an important element in the pricing of Nord Pool futures and

Cost benefit analysis of recycling nuclear fuel cycle in Korea

International Nuclear Information System (INIS)

Lee, Jewhan; Chang, Soonheung

2012-01-01

Nuclear power has become an essential part of electricity generation to meet the continuous growth of electricity demand. The importance if nuclear waste management has been the main issue since the beginning of nuclear history. The recycling nuclear fuel cycle includes the fast reactor, which can burn the nuclear wastes, and the pyro-processing technology, which can reprocess the spent nuclear fuel. In this study, a methodology using Linear Programming (LP) is employed to evaluate the cost and benefits of introducing the recycling strategy and thus, to see the competitiveness of recycling fuel cycle. The LP optimization involves tradeoffs between the fast reactor capital cost with pyro-processing cost premiums and the total system uranium price with spent nuclear fuel management cost premiums. With the help of LP and sensitivity analysis, the effect of important parameters is presented as well as the target values for each cost and price of key factors

Risk premium and insalubrity

International Nuclear Information System (INIS)

Portela, Josmael; Figueira, Rosania Lucia

2005-01-01

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

24 CFR 266.610 - Method of payment of mortgage insurance premiums.

Science.gov (United States)

2010-04-01

... insurance premiums. 266.610 Section 266.610 Housing and Urban Development Regulations Relating to Housing... MULTIFAMILY PROJECT LOANS Contract Rights and Obligations Mortgage Insurance Premiums § 266.610 Method of payment of mortgage insurance premiums. In the cases that the Commissioner deems appropriate, the...

Public's willingness to pay a premium for bioethanol in Korea: A contingent valuation study

International Nuclear Information System (INIS)

Lim, Seul-Ye; Kim, Hyo-Jin; Yoo, Seung-Hoon

2017-01-01

Bioethanol (BE), a renewable energy, is well-known to mitigate the greenhouse gas emissions compared with conventional gasoline. Thus, the Korean government is considering the introduction of a BE mandate in which the legal blend is 5% BE and 95% gasoline (E5) until 2020 in order to expand BE use. We should examine the public acceptability of the introduction, which incurs a rise in the fuel price. This study attempts to assess the public's willingness to pay (WTP) a premium for introducing the E5 program in Korea. To this end, a contingent valuation (CV) survey of 1000 randomly selected consumers was conducted in 2014 across the nation. We used a one-and-one-half-bound dichotomous choice question in the CV survey and applied the spike model to handle the WTP data with zeros. The mean WTP, a premium for the E5 per liter, is estimated to be KRW 290 (USD 0.27), which is statistically meaningful at the 1% level. This value amounts to 15.6% of the gasoline retail price in 2014 (KRW 1856 or USD 1.70) and can be interpreted as the external benefit of BE. We can conclude that gasoline consumers in Korea are ready to pay a significant premium for the E5. - Highlights: • Bioethanol (BE) can contribute to the reduction of greenhouse gases emissions. • Korea will introduce a BE mandate of 5% BE and 95% gasoline (E5) until 2020. • We assess the public’s willingness to pay (WTP) a premium for the introduction. • The mean additional WTP for E5 is estimated to be KRW 290 (USD 0.26) per liter. • This value amounts to 15.6% of the gasoline retail price (KRW 1856 or USD 1.70).

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

24 CFR 203.260 - Amount of mortgage insurance premium (periodic MIP).

Science.gov (United States)

2010-04-01

... Mortgage Insurance Premiums-Periodic Payment § 203.260 Amount of mortgage insurance premium (periodic MIP... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Amount of mortgage insurance premium (periodic MIP). 203.260 Section 203.260 Housing and Urban Development Regulations Relating to...

Impacts of renewable fuel regulation and production on agriculture, energy, and welfare

Science.gov (United States)

McPhail, Lihong Lu

The purpose of this dissertation is to study the impact of U.S. federal renewable fuel regulations on energy and agriculture commodity markets and welfare. We consider two federal ethanol policies: the Renewable Fuel Standard (RFS) contained in the Energy Security and Independence Act of 2007 and tax credits to ethanol blenders contained in the Food, Conservation, and Energy Act of 2008. My first essay estimates the distribution of short-run impacts of changing federal ethanol policies on U.S. energy prices, agricultural commodity prices, and welfare through a stochastic partial equilibrium model of U.S. corn, ethanol, and gasoline markets. My second essay focuses on studying the price behavior of the renewable fuel credit (RFC) market, which is the mechanism developed by the Environmental Protection Agency (EPA) to meet the RFS. RFCs are a tradable, bankable, and borrowable accounting mechanism to ensure that all obligated parties use a mandated level of renewable fuel. I first develop a conceptual framework to understand how the market works and then apply stochastic dynamic programming to simulate prices for RFCs, examine the sensitivity of prices to relevant shocks, and estimate RFC option premiums. My third essay assesses the impact of policy led U.S. ethanol on the markets of global crude oil and U.S. gasoline using a structural Vector Auto Regression model of global crude oil, U.S. gasoline and ethanol markets.

Risk Premium and Central Bank Intervention

OpenAIRE

Pinar Ozlu

2006-01-01

This study examines the relation between the risk premium and central bank intervention. Forward rates are calculated for the Turkish Lira-USD exchange market and then the effect of central bank intervention on the risk premium is estimated. Using high quality daily intervention data from the Central Bank of Turkey as well as implied forward rates, an MA (21)-GARCH (1,1) model is estimated. Both purchases and sales of US dollars by the Central Bank of Turkey appear to have no effect on the si...

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/.

Production costs of liquid fuels from biomass

International Nuclear Information System (INIS)

Bridgwater, A.V.; Double, J.M.

1994-01-01

This project was undertaken to provide a consistent and thorough review of the full range of processes for producing liquid fuels from biomass to compare both alternative technologies and processes within those technologies in order to identify the most promising opportunities that deserve closer attention. Thermochemical conversion includes both indirect liquefaction through gasification, and direct liquefaction through pyrolysis and liquefaction in pressurized solvents. Biochemical conversion is based on a different set of feedstocks. Both acid and enzyme hydrolysis are included followed by fermentation. The liquid products considered include gasoline and diesel hydrocarbons and conventional alcohol fuels of methanol and ethanol. Results are given both as absolute fuel costs and as a comparison of estimated cost to market price. In terms of absolute fuel costs, thermochemical conversion offers the lowest cost products, with the least complex processes generally having an advantage. Biochemical routes are the least attractive. The most attractive processes from comparing production costs to product values are generally the alcohol fuels which enjoy a higher market value. (author)

Impact of fuel chemistry on fission product behaviour

International Nuclear Information System (INIS)

Poortmans, C.; Van Uffelen, P.; Van den Berghe, S.

1999-01-01

The report contains a series of papers presented at SCK-CEN's workshop on the impact of fuel chemistry on fission product behaviour. Contributing authors discuss different processes affecting the behaviour of fission products in different types of spent nuclear fuel. In addition, a number of papers discusses the behaviour of actinides and fission products released from spent fuel and vitrified high-level waste in geological disposal conditions

24 CFR 251.6 - Method of payment of mortgage insurance premiums.

Science.gov (United States)

2010-04-01

... insurance premiums. 251.6 Section 251.6 Housing and Urban Development Regulations Relating to Housing and... HOUSING PROJECTS § 251.6 Method of payment of mortgage insurance premiums. In the cases that the... affected lenders, that mortgage insurance premiums be remitted electronically. [63 FR 1303, Jan. 8, 1998] ...

24 CFR 236.252 - First, second, and third mortgage insurance premiums.

Science.gov (United States)

2010-04-01

... insurance premiums. 236.252 Section 236.252 Housing and Urban Development Regulations Relating to Housing... insurance premiums. All of the provisions of § 207.252 of this chapter governing the first, second, and third mortgage insurance premiums shall apply to mortgages insured under this subpart, except: (a) Where...

Log-supermodularity of weight functions and the loading monotonicity of weighted insurance premiums

OpenAIRE

Hristo S. Sendov; Ying Wang; Ricardas Zitikis

2010-01-01

The paper is motivated by a problem concerning the monotonicity of insurance premiums with respect to their loading parameter: the larger the parameter, the larger the insurance premium is expected to be. This property, usually called loading monotonicity, is satisfied by premiums that appear in the literature. The increased interest in constructing new insurance premiums has raised a question as to what weight functions would produce loading-monotonic premiums. In this paper we demonstrate a...

PENENTUAN CADANGAN PREMI DENGAN METODE PREMIUM SUFFICIENCY PADA ASURANSI JIWA SEUMUR HIDUP JOINT LIFE

Directory of Open Access Journals (Sweden)

NI PUTU MIRAH PERMATASARI

2016-08-01

Full Text Available The aim of this research was to get the formula of premium reserves through the premium sufficiency method. Premium reserve is the amount of fund that is collected by the insurance company in preparation for the claim’s payment. Premium sufficiency method is gross premium calculation. To construct that formula, this research used Tabel Mortalitas Indonesia (TMI 2011, interest rate 2.5% and cost of alpha %. Based on simulation result in men premium reserve value of age 1 of 56 years propotional with insured periods, but after56 years enhancement of premium reserve value.

Materials and processes for solar fuel production

CERN Document Server

Viswanathan, Balasubramanian; Lee, Jae Sung

2014-01-01

This book features different approaches to non-biochemical pathways for solar fuel production. This one-of-a-kind book addresses photovoltaics, photocatalytic water splitting for clean hydrogen production and CO2 conversion to hydrocarbon fuel through in-depth comprehensive contributions from a select blend of established and experienced authors from across the world. The commercial application of solar based systems, with particular emphasis on non-PV based devices have been discussed. This book intends to serve as a primary resource for a multidisciplinary audience including chemists, engineers and scientists providing a one-stop location for all aspects related to solar fuel production. The material is divided into three sections: Solar assisted water splitting to produce hydrogen; Solar assisted CO2 utilization to produce green fuels and Solar assisted electricity generation. The content strikes a balance between theory, material synthesis and application with the central theme being solar fuels.

Health insurance premium tax credit. Final regulations.

Science.gov (United States)

2013-02-01

This document contains final 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.These final regulations provide guidance to individuals related to employees who may enroll in eligible employer-sponsored coverage and who wish to enroll in qualified health plans through Affordable Insurance Exchanges (Exchanges) and claim the premium tax credit.

Production of bio-jet fuel from microalgae

Science.gov (United States)

Elmoraghy, Marian

The increase in petroleum-based aviation fuel consumption, the decrease in petroleum resources, the fluctuation of the crude oil price, the increase in greenhouse gas emission and the need for energy security are motivating the development of an alternate jet fuel. Bio-jet fuel has to be a drop in fuel, technically and economically feasible, environmentally friendly, greener than jet fuel, produced locally and low gallon per Btu. Bic jet fuel has been produced by blending petro-based jet fuel with microalgae biodiesel (Fatty Acid Methyl Ester, or simply FAME). Indoor microalgae growth, lipids extraction and transetrification to biodiesel are energy and fresh water intensive and time consuming. In addition, the quality of the biodiesel product and the physical properties of the bio-jet fuel blends are unknown. This work addressed these challenges. Minimizing the energy requirements and making microalgae growth process greener were accomplished by replacing fluorescent lights with light emitting diodes (LEDs). Reducing fresh water footprint in algae growth was accomplished by waste water use. Microalgae biodiesel production time was reduced using the one-step (in-situ transestrification) process. Yields up to 56.82 mg FAME/g dry algae were obtained. Predicted physical properties of in-situ FAME satisfied European and American standards confirming its quality. Lipid triggering by nitrogen deprivation was accomplished in order to increase the FAME production. Bio-jet fuel freezing points and heating values were measured for different jet fuel to biodiesel blend ratios.

48 CFR 908.7109 - Fuels and packaged petroleum products.

Science.gov (United States)

2010-10-01

... 48 Federal Acquisition Regulations System 5 2010-10-01 2010-10-01 false Fuels and packaged petroleum products. 908.7109 Section 908.7109 Federal Acquisition Regulations System DEPARTMENT OF ENERGY....7109 Fuels and packaged petroleum products. Acquisitions of fuel and packaged petroleum products by DOE...

Alkaloid-derived molecules in low rank Argonne premium coals.

Energy Technology Data Exchange (ETDEWEB)

Winans, R. E.; Tomczyk, N. A.; Hunt, J. E.

2000-11-30

Molecules that are probably derived from alkaloids have been found in the extracts of the subbituminous and lignite Argonne Premium Coals. High resolution mass spectrometry (HRMS) and liquid chromatography mass spectrometry (LCMS) have been used to characterize pyridine and supercritical extracts. The supercritical extraction used an approach that has been successful for extracting alkaloids from natural products. The first indication that there might be these natural products in coals was the large number of molecules found containing multiple nitrogen and oxygen heteroatoms. These molecules are much less abundant in bituminous coals and absent in the higher rank coals.

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

2017-09-01

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 (Pnew 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. 2017; 40(5):e825-e830.]. Copyright 2017, SLACK Incorporated.

Water for energy and fuel production

CERN Document Server

Shah, Yatish T

2014-01-01

Water, in all its forms, may be the key to an environmentally friendly energy economy. Water is free, there is plenty of it, plus it carries what is generally believed to be the best long-term source of green energy-hydrogen. Water for Energy and Fuel Production explores the many roles of water in the energy and fuel industry. The text not only discusses water's use as a direct source of energy and fuel-such as hydrogen from water dissociation, methane from water-based clathrate molecules, hydroelectric dams, and hydrokinetic energy from tidal waves, off-shore undercurrents, and inland waterways-but also: Describes water's benign application in the production of oil, gas, coal, uranium, biomass, and other raw fuels, and as an energy carrier in the form of hot water and steam Examines water's role as a reactant, reaction medium, and catalyst-as well as steam's role as a reactant-for the conversion of raw fuels to synthetic fuels Explains how supercritical water can be used to convert fossil- and bio-based feed...

PENENTUAN CADANGAN PREMI DENGAN METODE PREMIUM SUFFICIENCY PADA ASURANSI JIWA SEUMUR HIDUP JOINT LIFE

OpenAIRE

NI PUTU MIRAH PERMATASARI; I NYOMAN WIDANA; KARTIKA SARI

2016-01-01

The aim of this research was to get the formula of premium reserves through the premium sufficiency method. Premium reserve is the amount of fund that is collected by the insurance company in preparation for the claim’s payment. Premium sufficiency method is gross premium calculation. To construct that formula, this research used Tabel Mortalitas Indonesia (TMI) 2011, interest rate 2.5% and cost of alpha %. Based on simulation result in men premium reserve value of age 1 of 56 years propotio...

The impact of CHIP premium increases on insurance outcomes among CHIP eligible children.

Science.gov (United States)

Nikolova, Silviya; Stearns, Sally

2014-03-03

Within the United States, public insurance premiums are used both to discourage private health policy holders from dropping coverage and to reduce state budget costs. Prior research suggests that the odds of having private coverage and being uninsured increase with increases in public insurance premiums. The aim of this paper is to test effects of Children's Health Insurance Program (CHIP) premium increases on public insurance, private insurance, and uninsurance rates. The fact that families just below and above a state-specific income cut-off are likely very similar in terms of observable and unobservable characteristics except the premium contribution provides a natural experiment for estimating the effect of premium increases. Using 2003 Medical Expenditure Panel Survey (MEPS) merged with CHIP premiums, we compare health insurance outcomes for CHIP eligible children as of January 2003 in states with a two-tier premium structure using a cross-sectional regression discontinuity methodology. We use difference-in-differences analysis to compare longitudinal insurance outcomes by December 2003. Higher CHIP premiums are associated with higher likelihood of private insurance. Disenrollment from CHIP in response to premium increases over time does not increase the uninsurance rate. When faced with higher CHIP premiums, private health insurance may be a preferable alternative for CHIP eligible families with higher incomes. Therefore, competition in the insurance exchanges being formed under the Affordable Care Act could enhance choice.

Composition and methods for improved fuel production

Science.gov (United States)

Steele, Philip H.; Tanneru, Sathishkumar; Gajjela, Sanjeev K.

2015-12-29

Certain embodiments of the present invention are configured to produce boiler and transportation fuels. A first phase of the method may include oxidation and/or hyper-acidification of bio-oil to produce an intermediate product. A second phase of the method may include catalytic deoxygenation, esterification, or olefination/esterification of the intermediate product under pressurized syngas. The composition of the resulting product--e.g., a boiler fuel--produced by these methods may be used directly or further upgraded to a transportation fuel. Certain embodiments of the present invention also include catalytic compositions configured for use in the method embodiments.

Estimating local, organic, and other price premiums of shell eggs in Hawaii.

Science.gov (United States)

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

2016-05-01

Hedonic modeling and retail scanner data were utilized to investigate the influence of local, organic, nutrition benefits, and other attributes of shell eggs on retail price premium in Hawaii. Within a revealed preference framework, the analysis of local and organic attributes, simultaneously, under a single unified setting is important, as such work is highly deficient in the published literature. This paper finds high to moderate price premiums in four key attributes of shell eggs - organic (64%), local (40%), nutrition benefits claimed (33%), and brown shell (18.4%). Large and extra-large sized eggs also experience price premiums over medium sized eggs. With each larger packing size, the estimated coefficients were negative, indicating a price discount, relative to the baseline packing size. However, there is no evidence to support the overwhelming influence of "local" over "organic", as hypothesized in other research work. Overall, the findings in this paper suggest industry producers and retailers should highlight and market effusively the primary attributes of their shell eggs, including "local", to remain competitive in the marketplace. Effective communication channels are crucial to delivering the product information, capturing the attention of consumers, and securing retail sales. © 2016 Poultry Science Association Inc.

24 CFR 236.253 - Premiums-operating loss loans.

Science.gov (United States)

2010-04-01

... Obligations for Mortgage Insurance § 236.253 Premiums—operating loss loans. All of the provisions of § 207.252a of this chapter relating to mortgage insurance premiums on operating loss loans shall apply to... Act the mortgage insurance premiums due in accordance with § 207.252a shall be calculated on the basis...

BNFL pushes fuel production into the 21st century

International Nuclear Information System (INIS)

Odell, Mark.

1992-01-01

When the New Oxide Fuels Complex (NOFC) begins commercial production in May 1995, its operators will have one of the world's most advanced fuel production facilities, designed to compete on international markets by using the latest technology and exploiting economies of scale. British Nuclear Fuels (BNFL's) multi-million pound investment in its Springfields fuel operation is a bold move, aimed at gaining a greater share of the oxide fuel business worldwide. The complex is designed to achieve fuel cost savings and increase the site's manufacturing capacity. The building itself will bring all current fuel production operations at Springfields under one roof, merging five plants into one. Automation will ensure further economies through the use of automated guided vehicles (AGVs) for product transfer, walking beam furnaces for pellet sintering and on-line inspection and handling of pellets and pins. The use of a binderless route for AGR (advanced gas-cooled reactor) fuel means much of the manufacturing process for both AGR and PWR (pressurised water reactor) fuels will proceed on a single line, thereby reducing the fixed costs of both fuels. Two other features which contribute to cost savings are production flexibility which allows both non-irradiated and oxide reprocessed materials to follow the same route and longer kilns which increase the throughput. It is estimated that overall NOFC will reduce fuel manufacturing costs by some 40%. (author)

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. Project HOPE—The People-to-People Health Foundation, Inc.

Production process and quality control for the HTTR fuel

International Nuclear Information System (INIS)

Yoshimuta, S.; Suzuki, N.; Kaneko, M.; Fukuda, K.

1991-01-01

Development of the production and inspection technology for High Temperature Engineering Test Reactor (HTTR) fuel has been carried out by cooperative work between Japan Atomic Energy Research Institute (JAERI) and Nuclear Fuel Industries, Ltd (NFI). The performance and the quality level of the developed fuel are well established to meet the design requirements of the HTTR. For the commercial scale production of the fuel, statistical quality control and quality assurance must be carefully considered in order to assure the safety of the HTTR. It is also important to produce the fuel under well controlled process condition. To meet these requirements in the production of the HTTR fuel, a new production process and quality control system is to be introduced in the new facilities. The main feature of the system is a computer integrated control system. Process control data at each production stage of products and semi-products are all gathered by terminal computers and processed by a host computer. The processed information is effectively used for the production, quality and accountancy control. With the aid of this system, all the products will be easily traceable from starting materials to final stages and the statistical evaluation of the quality of products becomes more reliable. (author). 8 figs

The environmentally friendly technology for bio fuel production

International Nuclear Information System (INIS)

Bekers, M.; Danilevics, A.; Guriniece, E.; Gulbis, V.

2003-01-01

Full text: Bio fuel production and use have been discussed this time in EC and in Latvia as alternative energy sources. The national resources allow producing liquid fuels - bio diesel and bi oethanol from rape seeds and grain correspondingly. Liquid bio fuels can be recommended especially for auto transport in big towns to reduce the pollution of air. A system for environmentally friendly production of bio fuel from agricultural raw materials has been developed, which permit a complex utilization of byproducts an wastes for obtaining of valuable food-stuffs and industrial products, providing the agricultural production requirements and supporting with local mineral fertilizers. Such a bio fuel production includes the agricultural and industrial productions in a united biotechnological system. Production objects of system interact: the products, by-products and wastes from one object are used as raw materials, auxiliary materials or heat carriers in other system's objects. This integrated agro-industrial production system would allow the production of feeds and chemical products, along with bio fuels. In this work, a model of a system for a conventional administrative rural region is presented, exemplified with the case of Latvia. The model is developed for three forms of bio fuel production, i.e. ethanol, bio diesel and biogas as local energy source. Bio diesel is produced using ethanol as transesterifying agent of rape-seed oil fatty acids. This bio diesel is a blend of rape-seed oil fatty acid ethyl esters (REE) and consists solely from renewable raw materials. The capacity of distillery of system is 40 million litters per year and bio diesel 35000 ton. Important for agriculture is protein reach press cakes the byproduct from bio diesel production (66000 t/y). This byproduct can be exported as well. Biogas reactors of system can be used for utilization of wastes from town if necessary. Recommended bio system occupates up to 150.000 ha of agriculture lands

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.

Comparison of fuel production costs for future transportation

DEFF Research Database (Denmark)

Ridjan, Iva; Mathiesen, Brian Vad; Connolly, David

The purpose of this poster is to provide an overview of fuel production costs for two types of synthetic fuels – methanol and methane, along with comparable costs for first and second generation biodiesel, two types of second generation bioethanol, and biogas. The model analysed is a 100% renewable...... scenario of Denmark for 2050, where the data for the transport sector has been changed to estimate the fuel production costs for eight different fuel pathways....

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

2017-12-01

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.

APEX nuclear fuel cycle for production of LWR fuel and elimination of radioactive waste

International Nuclear Information System (INIS)

Steinberg, M.; Powell, J.R.

1981-08-01

The development of a nuclear fission fuel cycle is proposed which eliminates all the radioactive fission product waste effluent and the need for geological-age high level waste storage and provides a long term supply of fissile fuel for an LWR power reactor economy. The fuel cycle consists of reprocessing LWR spent fuel (1 to 2 years old) to remove the stable nonradioactive (NRFP, e.g. lanthanides, etc.) and short-lived fission products SLFP e.g. half-lives of (1 to 2 years) and returning, in dilute form, the long-lived fission products, ((LLFPs, e.g. 30 y half-life Cs, Sr, and 10 y Kr, and 16 x 10 6 y I) and the transuranics (TUs, e.g. Pu, Am, Cm, and Np) to be refabricated into fresh fuel elements. Makeup fertile and fissile fuel are to be supplied through the use of a Spallator (linear accelerator spallation-target fuel-producer). The reprocessing of LWR fuel elements is to be performed by means of the Chelox process which consists of Airox treatment (air oxidation and hydrogen reduction) followed by chelation with an organic reagent (β-diketonate) and vapor distillation of the organometallic compounds for separation and partitioning of the fission products

Bioenergy Research Programme. Yearbook 1994. Production of wood fuels

International Nuclear Information System (INIS)

Alakangas, E.

1995-01-01

BIOENERGIA Research Programme is one of energy technology programmes of the Finnish Ministry of Trade and Industry (in 1995 TEKES, Technology Development Center). The aim of Bioenergy Research Programme is to increase the use of economically profitable and environmentally sound bioenergy by improving the competitiveness of present peat and wood fuels. Research and development projects will also develop new economically competitive biofuels and new equipment and methods for production, handling and using of biofuels. The funding for 1994 was nearly 50 million FIM and projects numbered 60. The main goal of the production of wood fuels research area is to develop new production methods in order to decrease the production costs to the level of imported fuels. The total potential of the wood fuel use should be at least 1.0 million toe/a (5.5 million m 3 ). There were 27 projects in 1994 for research on wood fuel production. This part of the yearbook 1994 presents the main results of these projects. The wood reserves do not limit the obtainability of the target. Research and development work has, however, directed to development of equipment and research on wood fuels production chains. Many devices, designed for both separate and integrated production of wood fuels became ready or were becoming ready for prototyping, to be used for production tests. Results of the biomass harvesting and properties research were obtained for utilization in 1994. According to the results it is possible to obtain the desired targets both in integrated and separated production of wood fuels. (author)

The Effect of Massachusetts' Health Reform on Employer-Sponsored Insurance Premiums.

Science.gov (United States)

Cogan, John F; Hubbard, R Glenn; Kessler, Daniel

2010-01-01

In this paper, we use publicly available data from the Medical Expenditure Panel Survey - Insurance Component (MEPS-IC) to investigate the effect of Massachusetts' health reform plan on employer-sponsored insurance premiums. We tabulate premium growth for private-sector employers in Massachusetts and the United States as a whole for 2004 - 2008. We estimate the effect of the plan as the difference in premium growth between Massachusetts and the United States between 2006 and 2008-that is, before versus after the plan-over and above the difference in premium growth for 2004 to 2006. We find that health reform in Massachusetts increased single-coverage employer-sponsored insurance premiums by about 6 percent, or $262. Although our research design has important limitations, it does suggest that policy makers should be concerned about the consequences of health reform for the cost of private insurance.

Optimal Premium Pricing for a Heterogeneous Portfolio of Insurance Risks

OpenAIRE

Pantelous, Athanasios A.; Frangos, Nicholas E.; Zimbidis, Alexandros A.

2009-01-01

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 percent...

24 CFR 266.606 - Mortgage insurance premium: Duration and method of paying.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgage insurance premium... AFFORDABLE MULTIFAMILY PROJECT LOANS Contract Rights and Obligations Mortgage Insurance Premiums § 266.606 Mortgage insurance premium: Duration and method of paying. (a) Duration of payments. Mortgage insurance...

Fuel-cycle assessment of selected bioethanol production

International Nuclear Information System (INIS)

Wu, M.; Wang, M.; Hong, H.

2007-01-01

A large amount of corn stover is available in the U.S. corn belt for the potential production of cellulosic bioethanol when the production technology becomes commercially ready. In fact, because corn stover is already available, it could serve as a starting point for producing cellulosic ethanol as a transportation fuel to help reduce the nation's demand for petroleum oil. Using the data available on the collection and transportation of corn stover and on the production of cellulosic ethanol, we have added the corn stover-to-ethanol pathway in the GREET model, a fuel-cycle model developed at Argonne National Laboratory. We then analyzed the life-cycle energy use and emission impacts of corn stover-derived fuel ethanol for use as E85 in flexible fuel vehicles (FFVs). The analysis included fertilizer manufacturing, corn farming, farming machinery manufacturing, stover collection and transportation, ethanol production, ethanol transportation, and ethanol use in light-duty vehicles (LDVs). Energy consumption of petroleum oil and fossil energy, emissions of greenhouse gases (carbon dioxide [CO 2 ], nitrous oxide [N 2 O], and methane [CH 4 ]), and emissions of criteria pollutants (carbon monoxide [CO], volatile organic compounds [VOCs], nitrogen oxide [NO x ], sulfur oxide [SO x ], and particulate matter with diameters smaller than 10 micrometers [PM 10 ]) during the fuel cycle were estimated. Scenarios of ethanol from corn grain, corn stover, and other cellulosic feedstocks were then compared with petroleum reformulated gasoline (RFG). Results showed that FFVs fueled with corn stover ethanol blends offer substantial energy savings (94-95%) relative to those fueled with RFG. For each Btu of corn stover ethanol produced and used, 0.09 Btu of fossil fuel is required. The cellulosic ethanol pathway avoids 86-89% of greenhouse gas emissions. Unlike the life cycle of corn grain-based ethanol, in which the ethanol plant consumes most of the fossil fuel, farming consumes most

Fuel-cycle assessment of selected bioethanol production.

Energy Technology Data Exchange (ETDEWEB)

Wu, M.; Wang, M.; Hong, H.; Energy Systems

2007-01-31

A large amount of corn stover is available in the U.S. corn belt for the potential production of cellulosic bioethanol when the production technology becomes commercially ready. In fact, because corn stover is already available, it could serve as a starting point for producing cellulosic ethanol as a transportation fuel to help reduce the nation's demand for petroleum oil. Using the data available on the collection and transportation of corn stover and on the production of cellulosic ethanol, we have added the corn stover-to-ethanol pathway in the GREET model, a fuel-cycle model developed at Argonne National Laboratory. We then analyzed the life-cycle energy use and emission impacts of corn stover-derived fuel ethanol for use as E85 in flexible fuel vehicles (FFVs). The analysis included fertilizer manufacturing, corn farming, farming machinery manufacturing, stover collection and transportation, ethanol production, ethanol transportation, and ethanol use in light-duty vehicles (LDVs). Energy consumption of petroleum oil and fossil energy, emissions of greenhouse gases (carbon dioxide [CO{sub 2}], nitrous oxide [N{sub 2}O], and methane [CH{sub 4}]), and emissions of criteria pollutants (carbon monoxide [CO], volatile organic compounds [VOCs], nitrogen oxide [NO{sub x}], sulfur oxide [SO{sub x}], and particulate matter with diameters smaller than 10 micrometers [PM{sub 10}]) during the fuel cycle were estimated. Scenarios of ethanol from corn grain, corn stover, and other cellulosic feedstocks were then compared with petroleum reformulated gasoline (RFG). Results showed that FFVs fueled with corn stover ethanol blends offer substantial energy savings (94-95%) relative to those fueled with RFG. For each Btu of corn stover ethanol produced and used, 0.09 Btu of fossil fuel is required. The cellulosic ethanol pathway avoids 86-89% of greenhouse gas emissions. Unlike the life cycle of corn grain-based ethanol, in which the ethanol plant consumes most of the fossil

Recent advances in fuel product and manufacturing process development

International Nuclear Information System (INIS)

Slember, R.J.; Doshi, P.K.

1987-01-01

This paper discusses advancements in commercial nuclear fuel products and manufacturing made by the Westinghouse Electric Corporation in response to the commercial nuclear fuel industry's demand for high reliability, increased plant availability and improved operating flexibility. The features and benefits of Westinghouse's most advanced fuel products--VANTAGE 5 for PWR plants and QUAD+ for BWR plants--are described, as well as 'high performance' fuel concepts now under development for delivery in the late 1980s. The paper also disusses the importance of in-process quality control throughout manufacturing towards reducing product variability and improving fuel reliability. (author)

Price premium of organic salmon in Danish retail sale

DEFF Research Database (Denmark)

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

2016-01-01

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...

77 FR 41048 - Health Insurance Premium Tax Credit; Correction

Science.gov (United States)

2012-07-12

... the health insurance premium tax credit enacted by the Patient Protection and Affordable Care Act and... DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Part 1 [TD 9590] RIN 1545-BJ82 Health Insurance Premium Tax Credit; Correction AGENCY: Internal Revenue Service (IRS), Treasury. ACTION...

Premium growth and its effect on employer-sponsored insurance.

Science.gov (United States)

Vistnes, Jessica; Selden, Thomas

2011-03-01

We use variation in premium inflation and general inflation across geographic areas to identify the effects of downward nominal wage rigidity on employers' health insurance decisions. Using employer level data from the 2000 to 2005 Medical Expenditure Panel Survey-Insurance Component, we examine the effect of premium growth on the likelihood that an employer offers insurance, eligibility rates among employees, continuous measures of employee premium contributions for both single and family coverage, and deductibles. We find that small, low-wage employers are less likely to offer health insurance in response to increased premium inflation, and if they do offer coverage they increase employee contributions and deductible levels. In contrast, larger, low-wage employers maintain their offers of coverage, but reduce eligibility for such coverage. They also increase employee contributions for single and family coverage, but not deductibles. Among high-wage employers, all but the largest increase deductibles in response to cost pressures.

Impact of terrorism and political instability on equity premium: Evidence from Pakistan

Science.gov (United States)

MengYun, Wu; Imran, Muhammad; Zakaria, Muhammad; Linrong, Zhang; Farooq, Muhammad Umer; Muhammad, Shah Khalid

2018-02-01

The study quantifies the impact of terrorism and political instability on firm equity premium in Pakistan using panel data for 306 non-financial firms for the period 2001 to 2014. Other variables included are law & order, government regime change and financial crisis of 2007/08. The estimated results reveal that terrorism has statistically significant negative impact on firm equity premium in Pakistan. This result is robust with alternative equation specifications. The result also remains same when terrorism variable is replaced with external and internal conflict variables. Law & order variable has significant positive effect on firm equity premium, which implies that equity premium increases with the improvement in law & order situation in the country. Equity premium also increases with government stability and when there is democratic system in the country. The result also reveals that global financial crisis of 2007/08 negatively influenced the firm equity premium. The study suggests some policy implications.

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.

24 CFR 203.22 - Payment of insurance premiums or charges; prepayment privilege.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Payment of insurance premiums or... Underwriting Procedures Eligible Mortgages § 203.22 Payment of insurance premiums or charges; prepayment privilege. (a) Payment of periodic insurance premiums or charges. Except with respect to mortgages for which...

26 CFR 1.848-2 - Determination of net premiums.

Science.gov (United States)

2010-04-01

... reinsurance agreements with parties not subject to United States taxation) are treated separately and are... consideration includes— (i) Advance premiums; (ii) Amounts in a premium deposit fund or similar account, to the... parties not subject to United States taxation. (2) Net consideration determined by a ceding company—(i) In...

31 CFR 337.13 - Payment of mortgage insurance premiums.

Science.gov (United States)

2010-07-01

... insurance premiums. When book-entry debentures are being purchased prior to maturity to pay for mortgage insurance premiums, the difference between the amount of the debentures purchased and the mortgage insurance... 31 Money and Finance: Treasury 2 2010-07-01 2010-07-01 false Payment of mortgage insurance...

Product Conversion: The Link between Separations and Fuel Fabrication

International Nuclear Information System (INIS)

Felker, L.K.; Vedder, R.J.; Walker, E.A.; Collins, E.D.

2008-01-01

Several chemical processing flowsheets are under development for the separation and isolation of the actinide, lanthanide, and fission product streams in spent nuclear fuel. The conversion of these product streams to solid forms, typically oxides, is desired for waste disposition and recycle of product fractions back into transmutation fuels or targets. The modified direct denitration (MDD) process developed at Oak Ridge National Laboratory (ORNL) in the 1980's offers significant advantages for the conversion of the spent fuel products to powder form suitable for direct fabrication into recycle fuels. A glove-box-contained MDD system and a fume-hood-contained system have been assembled at ORNL for the purposes of testing the co-conversion of uranium and mixed-actinide products. The current activities are focused on the conversion of the first products from the processing of spent nuclear fuel in the Coupled End-to-End Demonstration currently being conducted at ORNL. (authors)

Co-Optimization of Fuels & Engines: Misfueling Mitigation

Energy Technology Data Exchange (ETDEWEB)

Sluder, C. Scott [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States); Moriarty, Kristi [National Renewable Energy Lab. (NREL), Golden, CO (United States); Jehlik, Forrest [Argonne National Lab. (ANL), Argonne, IL (United States); West, Brian H. [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States)

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.

An Evaluation of a Fission Product Inventory for CANDU Fuels

International Nuclear Information System (INIS)

Jung, Jong Yeob; Park, Joo Hwan

2007-01-01

Fission products are released by two processes when a single channel accident occurs. One is a 'prompt release' and the other is a 'delayed release'. Prompt release assumes that the gap inventory of the fuel elements is released by a fuel element failure at the time of an accident. Delayed release assumes that the inventories within the grain or at the grain boundary are released after a accident due to a diffusion through grains, an oxidation of the fuel and an interaction between the fuel and the Zircaloy sheath. Therefore, the calculation of a fission product inventory and its distribution in a fuel during a normal operating is the starting point for the assessment of a fission product release for single channel accidents. In this report, the fission product inventories and their distributions within s fuel under a normal operating condition are evaluated for three types of CANDU fuels such as the 37 element fuel, CANFLEX-NU and CANFLEX-RU fuel bundles in the 'limiting channel'. To accomplish the above mentioned purposes, the basic power histories for each type of CANDU fuel were produced and the fission product inventories were calculated by using the ELESTRES code

On Cherenkov light production by irradiated nuclear fuel rods

International Nuclear Information System (INIS)

Branger, E.; Grape, S.; Svärd, S. Jacobsson; Jansson, P.; Sundén, E. Andersson

2017-01-01

Safeguards verification of irradiated nuclear fuel assemblies in wet storage is frequently done by measuring the Cherenkov light in the surrounding water produced due to radioactive decays of fission products in the fuel. This paper accounts for the physical processes behind the Cherenkov light production caused by a single fuel rod in wet storage, and simulations are presented that investigate to what extent various properties of the rod affect the Cherenkov light production. The results show that the fuel properties have a noticeable effect on the Cherenkov light production, and thus that the prediction models for Cherenkov light production which are used in the safeguards verifications could potentially be improved by considering these properties. It is concluded that the dominating source of the Cherenkov light is gamma-ray interactions with electrons in the surrounding water. Electrons created from beta decay may also exit the fuel and produce Cherenkov light, and e.g. Y-90 was identified as a possible contributor to significant levels of the measurable Cherenkov light in long-cooled fuel. The results also show that the cylindrical, elongated fuel rod geometry results in a non-isotropic Cherenkov light production, and the light component parallel to the rod's axis exhibits a dependence on gamma-ray energy that differs from the total intensity, which is of importance since the typical safeguards measurement situation observes the vertical light component. It is also concluded that the radial distributions of the radiation sources in a fuel rod will affect the Cherenkov light production.

TESTING FOR RISK PREMIUMS IN THE WHEAT-FLOUR SUBSECTOR

OpenAIRE

Cotterill, Ronald W.; Salih, Hachim M.

1992-01-01

This paper specifies a model of wholesale flour price determination that incorporates risk measures for input prices (wheat) and a joint output price (millfeed). Tests using daily price data for a Buffalo flour miller indicate that risk premiums do exist. Moreover, these premiums persist in a model that incorporates hedging.

PREMIUM ENERGY FOR LACTEC INSTITUTE FOR TECHNOLOGY DEVELOPMENT LACTEC R&D DPT. CURITIBA, STATE OF PARANA. BRAZIL

Energy Technology Data Exchange (ETDEWEB)

Silvio Vedovatto

2003-12-31

On April 2002 a 200KW Phosphoric Acid Fuel Cell (PAFC) Power Plant. was installed at LACTEC Institute For Technology Development, Research and Development facilities. The power plant installed at LACTEC site is the second of its kind in the Southern Hemisphere. Its presence, not only contributed to the creation of a Fuel Cell Stationary Power market for Brazil and the rest of the region, but increased the knowledge about fuel cell technology, and marked the point of entry as a reference for the education of a new generation of applied scientists. On its first year the power plant has operated 8,558 hours achieving an availability factor of 97% and supplying 730.50MWh of premium energy. As a second regional experience with fuel cell technology, we expect this report about LACTEC PACFC power plant performance, applications and cost-benefit evaluation will provide relevant information for future regional investments on this technology.

Environmental costs of fossil fuel energy production

International Nuclear Information System (INIS)

Riva, A.; Trebeschi, C.

1997-01-01

The costs of environmental impacts caused by fossil fuel energy production are external to the energy economy and normally they are not reflected in energy prices. To determine the environmental costs associated with an energy source a detailed analysis of all environmental impacts of the complete energy cycle is required. The economic evaluation of environmental damages is presented caused by atmospheric emissions produced by fossil fuel combustion for different uses. Considering the emission factors of sulphur oxides, nitrogen oxides, dust and carbon dioxide and the economic evaluation of their environmental damages reported in literature, a range of environmental costs associated with different fossil fuels and technologies is presented. A comparison of environmental costs resulting from atmospheric emissions produced by fossil-fuel combustion for energy production shows that natural gas has a significantly higher environmental value than other fossil fuels. (R.P.)

Bio-fuels production and the environmental indicators

Energy Technology Data Exchange (ETDEWEB)

Gomes, Marcos Sebastiao de Paula [Mechanical Engineering Department/Pontifical Catholic University of Rio de Janeiro - PUC-Rio, Rua Marques de Sao Vicente 225, Gavea, CEP 22453-900, Rio de Janeiro, RJ (Brazil); Muylaert de Araujo, Maria Silvia [Energy and Environment Planning Program/Federal University of Rio de Janeiro - COPPE/UFRJ, Cidade Universitaria, Centro de Tecnologia, Bloco C, sala 211, Ilha do Fundao, CEP: 21945-970, Caixa Postal: 68501, Rio de Janeiro, RJ (Brazil)

2009-10-15

The paper evaluates the role of the bio-fuels production in the transportation sector in the world, for programs of greenhouse gases emissions reductions and sustainable environmental performance. Depending on the methodology used to account for the local pollutant emissions and the global greenhouse gases emissions during the production and consumption of both the fossil and bio-fuels, the results can show huge differences. If it is taken into account a life cycle inventory approach to compare the different fuel sources, these results can present controversies. A comparison study involving the American oil diesel and soybean diesel developed by the National Renewable Energy Laboratory presents CO{sub 2} emissions for the bio-diesel which are almost 20% of the emissions for the oil diesel: 136 g CO{sub 2}/bhp-h for the bio-diesel from soybean and 633 g CO{sub 2}/bhp-h for the oil diesel [National Renewable Energy Laboratory - NREL/SR-580-24089]. Besides that, important local environmental impacts can also make a big difference. The water consumption in the soybean production is much larger in comparison with the water consumption for the diesel production [National Renewable Energy Laboratory - NREL/SR-580-24089]. Brazil has an important role to play in this scenario because of its large experience in bio-fuels production since the seventies, and the country has conditions to produce bio-fuels for attending great part of the world demand in a sustainable pathway. (author)

Fission product induced swelling of U–Mo alloy fuel

International Nuclear Information System (INIS)

Kim, Yeon Soo; Hofman, G.L.

2011-01-01

Highlights: ► We measured fuel swelling of U–Mo alloy by fission products at temperatures below 250 °C. ► We quantified the swelling portion of U–Mo by fission gas bubbles. ► We developed an empirical model as a function of fission density. - Abstract: Fuel swelling of U–Mo alloy was modeled using the measured data from samples irradiated up to a fission density of ∼7 × 10 27 fissions/m 3 at temperatures below ∼250 °C. The overall fuel swelling was measured from U–Mo foils with as-fabricated thickness of 250 μm. Volume fractions occupied by fission gas bubbles were measured and fuel swelling caused by the fission gas bubbles was quantified. The portion of fuel swelling by solid fission products including solid and liquid fission products as well as fission gas atoms not enclosed in the fission gas bubbles is estimated by subtracting the portion of fuel swelling by gas bubbles from the overall fuel swelling. Empirical correlations for overall fuel swelling, swelling by gas bubbles, and swelling by solid fission products were obtained in terms of fission density.

How does customer co-creation affect firm’s brand image and customer’s willingness to pay a price premium?

OpenAIRE

LI, Yingnan

2015-01-01

This study is aimed to investigate whether brand image and customer willingness to pay a premium can be affected by co-creation. Co-creation now has been a crucial part in firm‟s new product or service development process and a major factor of firm‟s competitive advantage. However, regarding the correlations between co-creation, brand image and willingness to pay a premium, most previous studies focused on co-creation effects on service-intensive industries, whereas the effects...

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...

Production of jet fuel from alternative source

Energy Technology Data Exchange (ETDEWEB)

Eller, Zoltan; Papp, Anita; Hancsok, Jenoe [Pannonia Univ., Veszprem (Hungary). MOL Dept. of Hydrocarbon and Coal Processing

2013-06-01

Recent demands for low aromatic content jet fuels have shown significant increase in the last 20 years. This was generated by the growing of aviation. Furthermore, the quality requirements have become more aggravated for jet fuels. Nowadays reduced aromatic hydrocarbon fractions are necessary for the production of jet fuels with good burning properties, which contribute to less harmful material emission. In the recent past the properties of gasolines and diesel gas oils were continuously severed, and the properties of jet fuels will be more severe, too. Furthermore, it can become obligatory to blend alternative components into jet fuels. With the aromatic content reduction there is a possibility to produce high energy content jet fuels with the desirable properties. One of the possibilities is the blending of biocomponents from catalytic hydrogenation of triglycerides. Our aim was to study the possibilities of producing low sulphur and aromatic content jet fuels in a catalytic way. On a CoMo/Al{sub 2}O{sub 3} catalyst we studied the possibilities of quality improving of a kerosene fraction and coconut oil mixture depending on the change of the process parameters (temperature, pressure, liquid hourly space velocity, volume ratio). Based on the quality parameters of the liquid products we found that we made from the feedstock in the adequate technological conditions products which have a high smoke point (> 35 mm) and which have reduced aromatic content and high paraffin content (90%), so these are excellent jet fuels, and their stack gases damage the environment less. (orig.)

Spent nuclear fuel project product specification

International Nuclear Information System (INIS)

Pajunen, A.L.

1998-01-01

Product specifications are limits and controls established for each significant parameter that potentially affects safety and/or quality of the Spent Nuclear Fuel (SNF) packaged for transport to dry storage. The product specifications in this document cover the spent fuel packaged in MultiCanister Overpacks (MCOs) to be transported throughout the SNF Project. The SNF includes N Reactor fuel and single-pass reactor fuel. The FRS removes the SNF from the storage canisters, cleans it, and places it into baskets. The MCO loading system places the baskets into MCO/Cask assembly packages. These packages are then transferred to the Cold Vacuum Drying (CVD) Facility. After drying at the CVD Facility, the MCO cask packages are transferred to the Canister Storage Building (CSB), where the MCOs are removed from the casks, staged, inspected, sealed (by welding), and stored until a suitable permanent disposal option is implemented. The key criteria necessary to achieve these goals are documented in this specification

Radioactive characteristics of spent fuels and reprocessing products in thorium fueled alternative cycles

International Nuclear Information System (INIS)

Maeda, Mitsuru

1978-09-01

In order to provide one fundamental material for the evaluation of Th cycle, compositions of the spent fuels were calculated with the ORIGEN code on following fuel cycles: (1) PWR fueled with Th- enriched U, (2) PWR fueled with Th-denatured U, (3) CANDU fueled with Th-enriched U and (4) HTGR fueled with Th-enriched U. Using these data, product specifications on radioactivity for their reprocessing were calculated, based on a criterion that radioactivities due to foreign elements do not exceed those inherent in nuclear fuel elements, due to 232 U in bred U or 228 Th in recovered Th, respectively. Conclusions are as the following: (1) Because of very high contents of 232 U and 228 Th in the Th cycle fuels from water moderated reactors, especially from PWR, required decontamination factors for their reprocessing will be smaller by a factor of 10 3 to 10 4 , compared with those from U-Pu fueled LWR cycle. (2) These less stringent product specifications on the radioactivity of bred U and recovered Th will justify introduction of some low decontaminating process, with additional advantage of increased proliferation resistance. (3) Decontamination factors required for HTGR fuel will be 10 to 30 times higher than for the other fuels, because of less 232 U and 228 Th generation, and higher burn-up in the fuel. (author)

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.

5 CFR 890.502 - Withholdings, contributions, LWOP, premiums, and direct premium payment.

Science.gov (United States)

2010-01-01

... amount equal to the premiums for a pay period during which the employee was in a leave without pay (LWOP... for every pay period during which the enrollment continues, except for the 31-day temporary extension... 365 days. (1) An employee who is granted leave without pay (LWOP) under subpart L of part 630 of this...

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

Science.gov (United States)

2010-03-01

... DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR-5376-N-13] Single Family Mortgage Insurance Premium, Single Family AGENCY: Office of the Chief Information Officer, HUD. ACTION: Notice... is soliciting public comments on the subject proposal. Lenders use the Single Family Premium...

Bio energy: Bio fuel - Properties and Production

International Nuclear Information System (INIS)

Wilhelmsen, Gunnar; Martinsen, Arnold Kyrre; Sandberg, Eiliv; Fladset, Per Olav; Kjerschow, Einar; Teslo, Einar

2001-01-01

This is Chapter 3 of the book ''Bio energy - Environment, technique and market''. Its main sections are: (1) Definitions and properties, (2) Bio fuel from the forest, (3) Processed bio fuel - briquettes, pellets and powder, (4) Bio fuel from agriculture, (5) Bio fuel from agro industry, (6) Bio fuel from lakes and sea, (7) Bio fuel from aquaculture, (8) Bio fuel from wastes and (9) Hydrogen as a fuel. The exposition largely describes the conditions in Norway. The chapter on energy from the forest includes products from the timber and sawmill industry, the pulp and paper industry, furniture factories etc. Among agricultural sources are straw, energy forests, vegetable oil, bio ethanol, manure

The Happy Meal® Effect: the impact of toy premiums on healthy eating among children in Ontario, Canada.

Science.gov (United States)

Hobin, Erin P; Hammond, David G; Daniel, Samantha; Hanning, Rhona M; Manske, Steve

2012-05-24

"Toy premiums", offered with McDonald's Happy Meals®, are a prominent form of food marketing directed at children. Two California jurisdictions recently implemented policies that only permit offering fast-food toy premiums with meals that meet certain nutritional criteria. The primary objective of the current study was to examine elements of this policy in a Canadian context and determine if children select healthier food products if toy premiums are only offered with healthier food options. The study also examined if the impact of restricting toy premiums to healthier foods varied by gender and age. A between-groups experimental study was conducted with 337 children aged 6-12 years attending day camps in Ontario, Canada. Children were offered one of four McDonald's Happy Meals® as part of the camp lunch program: two "healthier" meals that met the nutritional criteria and two meals that did not. In the control condition, all four meals were offered with a toy premium. In the intervention condition, the toy was only offered with the two "healthier" meals. Children were significantly more likely to select the healthier meals when toys were only offered with meals that met nutritional criteria (OR=3.19, 95% CI: 1.89-5.40). The effect of pairing toys with healthier meals had a stronger effect on boys than girls (OR=1.90, 95% CI: 1.14-3.17). Policies that restrict toy premiums to food that meet nutritional criteria may promote healthier eating at fast-food restaurants.

29 CFR 778.204 - “Clock pattern” premium pay.

Science.gov (United States)

2010-07-01

... 29 Labor 3 2010-07-01 2010-07-01 false âClock patternâ premium pay. 778.204 Section 778.204 Labor... Excluded From the âRegular Rateâ Extra Compensation Paid for Overtime § 778.204 “Clock pattern” premium pay... pursuance of an applicable employment contract or collective bargaining agreement,” and the rates of pay and...

Fixed-premium deposit insurance and international credit crunches

OpenAIRE

Mark M. Spiegel

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...

Determinan Nilai Pelanggan dan Implikasinya pada Dependensi Pelanggan Bengkel Suv Premium

Directory of Open Access Journals (Sweden)

Aditya Wardhana

2015-06-01

Full Text Available he implementation of ASEAN Economic Community (AEC for Indonesia making its big market more capitalized and and grow rapidly. The Indonesian automotive industrial market has become ASEAN’s biggest auto market. Automotive products in Indonesia is divided into two is a variant of commercial vehicles and passenger vehicle. Passenger vehicle is divided into three types namely: sedan, multi purpose vehicle (MPV, sport utility vehicle (SUV. The aim of this study is to investigate the determinants of customer value such as service quality and customer relationship management (CRM and its implications on customer dependence. This research using a method of survey with a number of population 63.015 customers and 400 respondents as customers at premium SUV authorized service station in urban areas in West Java with using slovin formula. Analysis of data using path analysis. The result of this research concluded that the service quality and customer relationship management influenced partially significant on the perceived value of customers of car workshop premium SUV.

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.

Fuel and Combustor Concerns for Future Commercial Combustors

Science.gov (United States)

Chang, Clarence T.

2017-01-01

Civil aircraft combustor designs will move from rich-burn to lean-burn due to the latter's advantage in low NOx and nvPM emissions. However, the operating range of lean-burn is narrower, requiring premium mixing performance from the fuel injectors. As the OPR increases, the corresponding combustor inlet temperature increase can benefit greatly with fuel composition improvements. Hydro-treatment can improve coking resistance, allowing finer fuel injection orifices to speed up mixing. Selective cetane number control across the fuel carbon-number distribution may allow delayed ignition at high power while maintaining low-power ignition characteristics.

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

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

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

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

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

26 CFR 1.163-11T - Allocation of certain prepaid qualified mortgage insurance premiums (temporary).

Science.gov (United States)

2010-04-01

... insurance premiums (temporary). 1.163-11T Section 1.163-11T Internal Revenue INTERNAL REVENUE SERVICE... insurance premiums (temporary). (a) Allocation—(1) In general. As provided in section 163(h)(3)(E), premiums... section applies whether the qualified mortgage insurance premiums are paid in cash or are financed...

Reprocessing free nuclear fuel production via fusion fission hybrids

Energy Technology Data Exchange (ETDEWEB)

Kotschenreuther, Mike, E-mail: mtk@mail.utexas.edu [Intitute for Fusion Studies, University of Texas at Austin (United States); Valanju, Prashant; Mahajan, Swadesh [Intitute for Fusion Studies, University of Texas at Austin (United States)

2012-05-15

Fusion fission hybrids, driven by a copious source of fusion neutrons can open qualitatively 'new' cycles for transmuting nuclear fertile material into fissile fuel. A totally reprocessing-free (ReFree) Th{sup 232}-U{sup 233} conversion fuel cycle is presented. Virgin fertile fuel rods are exposed to neutrons in the hybrid, and burned in a traditional light water reactor, without ever violating the integrity of the fuel rods. Throughout this cycle (during breeding in the hybrid, transport, as well as burning of the fissile fuel in a water reactor) the fissile fuel remains a part of a bulky, countable, ThO{sub 2} matrix in cladding, protected by the radiation field of all fission products. This highly proliferation-resistant mode of fuel production, as distinct from a reprocessing dominated path via fast breeder reactors (FBR), can bring great acceptability to the enterprise of nuclear fuel production, and insure that scarcity of naturally available U{sup 235} fuel does not throttle expansion of nuclear energy. It also provides a reprocessing free path to energy security for many countries. Ideas and innovations responsible for the creation of a high intensity neutron source are also presented.

Reprocessing free nuclear fuel production via fusion fission hybrids

International Nuclear Information System (INIS)

Kotschenreuther, Mike; Valanju, Prashant; Mahajan, Swadesh

2012-01-01

Fusion fission hybrids, driven by a copious source of fusion neutrons can open qualitatively “new” cycles for transmuting nuclear fertile material into fissile fuel. A totally reprocessing-free (ReFree) Th 232 –U 233 conversion fuel cycle is presented. Virgin fertile fuel rods are exposed to neutrons in the hybrid, and burned in a traditional light water reactor, without ever violating the integrity of the fuel rods. Throughout this cycle (during breeding in the hybrid, transport, as well as burning of the fissile fuel in a water reactor) the fissile fuel remains a part of a bulky, countable, ThO 2 matrix in cladding, protected by the radiation field of all fission products. This highly proliferation-resistant mode of fuel production, as distinct from a reprocessing dominated path via fast breeder reactors (FBR), can bring great acceptability to the enterprise of nuclear fuel production, and insure that scarcity of naturally available U 235 fuel does not throttle expansion of nuclear energy. It also provides a reprocessing free path to energy security for many countries. Ideas and innovations responsible for the creation of a high intensity neutron source are also presented.

Seed production for fuel oils

International Nuclear Information System (INIS)

Mosca, G.

1992-01-01

With the aim of assessing commercialization prospects for vegetable oils to be used as diesel fuel alternatives, this paper provides maps indicating regional production quantities for soybean, rape and sunflower seeds in Italy. It then tables and discusses the results of energy input-output analyses carried out for rape and soybean oil production

The impact of HMO competition on private health insurance premiums, 1985-1992.

Science.gov (United States)

Wickizer, T M; Feldstein, P J

1995-01-01

A critical unresolved health policy question is whether competition stimulated by managed care organizations can slow the rate of growth in health care expenditures. We analyzed the competitive effects of health maintenance organizations (HMOs) on the growth in fee-for-service indemnity insurance premiums over the period 1985-1992 using premium data on 95 groups that had policies with a single, large, private insurance carrier. We used multiple regressions to estimate the effect of HMO market penetration on insurance premium growth rates. HMO penetration had a statistically significant (p market whose HMO penetration rate increased by 25% (e.g., from 10% to 12.5%), the real rate of growth in premiums would be approximately 5.9% instead of 7.0%. Our findings indicate that competitive strategies, relying on managed care, have significant potential to reduce health insurance premium growth rates, thereby resulting in substantial cost savings over time.

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

5 CFR 892.301 - How do I pay my premium?

Science.gov (United States)

2010-01-01

... 5 Administrative Personnel 2 2010-01-01 2010-01-01 false How do I pay my premium? 892.301 Section 892.301 Administrative Personnel OFFICE OF PERSONNEL MANAGEMENT (CONTINUED) CIVIL SERVICE REGULATIONS (CONTINUED) FEDERAL FLEXIBLE BENEFITS PLAN: PRE-TAX PAYMENT OF HEALTH BENEFITS PREMIUMS Contributions and...

The Phantom Gender Difference in the College Wage Premium

Science.gov (United States)

Hubbard, William H. J.

2011-01-01

A growing literature seeks to explain why so many more women than men now attend college. A commonly cited stylized fact is that the college wage premium is, and has been, higher for women than for men. After identifying and correcting a bias in estimates of college wage premiums, I find that there has been essentially no gender difference in the…

Selection and development of advanced nuclear fuel products

International Nuclear Information System (INIS)

Stucker, David L.; Miller, Richard S.; Arnsberger, Peter L.

2004-01-01

The highly competitive international marketplace requires a continuing product development commitment, short development cycle times and timely, on-target product development to assure customer satisfaction and continuing business. Westinghouse has maintained its leadership position within the nuclear fuel industry with continuous developments and improvements to fuel assembly materials and design. This paper presents a discussion of the processes used by Westinghouse in the selection and refinement of advanced concepts for deployment in the highly competitive US and international nuclear fuel fabrication marketplace. (author)

Technical and Economic Evaluation of Macroalgae Cultivation for Fuel Production (Draft)

Energy Technology Data Exchange (ETDEWEB)

Feinberg, D. A.; Hock, S. M.

1985-04-01

The potential of macroalgae as sources of renewable liquid and gaseous fuels is evaluated. A series of options for production of macroalgae feedstock is considered. Because of their high carbohydrate content, the fuel products for which macroalgae are most suitable are methane and ethanol. Fuel product costs were compared with projected fuel costs in the year 1995.

Traditional technologies of fuels production for air-jet engines

Directory of Open Access Journals (Sweden)

Бойченко С. В.

2013-07-01

Full Text Available Available energy resources for various fuels, mainly for gas-turbine engines are presented in the given article. Traditional technologies for jet fuels production from nonrenewable raw materials, such as crude oil, coal, natural gas, oil-shales and others are analyzed in details. Cause and effect relationship between production and use of such fuels and their impact on natural environment is defined. The timeliness and necessity for development of alternative technologies of aviation biofuels production are determined in the given article.

Characterization and supply of coal-based fuels. Quarterly report, February 1, 1989--April 30, 1989

Energy Technology Data Exchange (ETDEWEB)

1989-06-01

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, particulary in slurry fuel preparation and particle size distribution.

Comparative Study of Laboratory-Scale and Prototypic Production-Scale Fuel Fabrication Processes and Product Characteristics

International Nuclear Information System (INIS)

Marshall, Douglas W.

2014-01-01

An objective of the High Temperature Gas Reactor fuel development and qualification program for the United States Department of Energy has been to qualify fuel fabricated in prototypic production-scale equipment. The quality and characteristics of the tristructural isotropic (TRISO) coatings on fuel kernels are influenced by the equipment scale and processing parameters. The standard deviations of some TRISO layer characteristics were diminished while others have become more significant in the larger processing equipment. The impact on statistical variability of the processes and the products, as equipment was scaled, are discussed. The prototypic production-scale processes produce test fuels meeting all fuel quality specifications. (author)

Direct fuel cell product design improvement

Energy Technology Data Exchange (ETDEWEB)

Maru, H.C.; Farooque, M. [Energy Research Corp., Danbury, CT (United States)

1996-12-31

Significant milestones have been attained towards the technology development field testing and commercialization of direct fuel cell power plant since the 1994 Fuel Cell Seminar. Under a 5-year cooperative agreement with the Department of Energy signed in December 1994, Energy Research Corporation (ERC) has been developing the design for a MW-scale direct fuel cell power plant with input from previous technology efforts and the Santa Clara Demonstration Project. The effort encompasses product definition in consultation with the Fuel Cell Commercialization Group, potential customers, as well as extensive system design and packaging. Manufacturing process improvements, test facility construction, cell component scale up, performance and endurance improvements, stack engineering, and critical balance-of-plant development are also addressed. Major emphasis of this product design improvement project is on increased efficiency, compactness and cost reduction to establish a competitive place in the market. A 2.85 MW power plant with an efficiency of 58% and a footprint of 420 m{sup 2} has been designed. Component and subsystem testing is being conducted at various levels. Planning and preparation for verification of a full size prototype unit are in progress. This paper presents the results obtained since the last fuel cell seminar.

Engineering cyanobacteria for fuels and chemicals production.

Science.gov (United States)

Zhou, Jie; Li, Yin

2010-03-01

The world's energy and global warming crises call for sustainable, renewable, carbon-neutral alternatives to replace fossil fuel resources. Currently, most biofuels are produced from agricultural crops and residues, which lead to concerns about food security and land shortage. Compared to the current biofuel production system, cyanobacteria, as autotrophic prokaryotes, do not require arable land and can grow to high densities by efficiently using solar energy, CO(2), water, and inorganic nutrients. Moreover, powerful genetic techniques of cyanobacteria have been developed. For these reasons, cyanobacteria, which carry out oxygenic photosynthesis, are attractive hosts for production of fuels and chemicals. Recently, several chemicals including ethanol, isobutanol and isoprene have been produced by engineered cyanobacteria directly using solar energy, CO(2), and water. Cyanobacterium is therefore a potential novel cell factory for fuels and chemicals production to address global energy security and climate change issues.

Ultraclean Fuels Production and Utilization for the Twenty-First Century: Advances toward Sustainable Transportation Fuels

Energy Technology Data Exchange (ETDEWEB)

Fox, Elise B.; Liu, Zhong-Wen; Liu, Zhao-Tie

2013-11-21

Ultraclean fuels production has become increasingly important as a method to help decrease emissions and allow the introduction of alternative feed stocks for transportation fuels. Established methods, such as Fischer-Tropsch, have seen a resurgence of interest as natural gas prices drop and existing petroleum resources require more intensive clean-up and purification to meet stringent environmental standards. This review covers some of the advances in deep desulfurization, synthesis gas conversion into fuels and feed stocks that were presented at the 245th American Chemical Society Spring Annual Meeting in New Orleans, LA in the Division of Energy and Fuels symposium on "Ultraclean Fuels Production and Utilization".

Enhancing conservation, ecosystem services, and local livelihoods through a wildlife premium mechanism.

Science.gov (United States)

Dinerstein, Eric; Varma, Keshav; Wikramanayake, Eric; Powell, George; Lumpkin, Susan; Naidoo, Robin; Korchinsky, Mike; Del Valle, Christian; Lohani, Shubash; Seidensticker, John; Joldersma, Dirk; Lovejoy, Thomas; Kushlin, Andrey

2013-02-01

We propose the wildlife premium mechanism as an innovation to conserve endangered large vertebrates. The performance-based payment scheme would allow stakeholders in lower-income countries to generate revenue by recovering and maintaining threatened fauna that can also serve as umbrella species (i.e., species whose protection benefits other species with which they co-occur). There are 3 possible options for applying the premium: option 1, embed premiums in a carbon payment; option 2, link premiums to a related carbon payment, but as independent and legally separate transactions; option 3, link premiums to noncarbon payments for conserving ecosystem services (PES). Each option presents advantages, such as incentive payments to improve livelihoods of rural poor who reside in or near areas harboring umbrella species, and challenges, such as the establishment of a subnational carbon credit scheme. In Kenya, Peru, and Nepal pilot premium projects are now underway or being finalized that largely follow option 1. The Kasigau (Kenya) project is the first voluntary carbon credit project to win approval from the 2 leading groups sanctioning such protocols and has already sold carbon credits totaling over $1.2 million since June 2011. A portion of the earnings is divided among community landowners and projects that support community members and has added over 350 jobs to the local economy. All 3 projects involve extensive community management because they occur on lands where locals hold the title or have a long-term lease from the government. The monitoring, reporting, and verification required to make premium payments credible to investors include transparent methods for collecting data on key indices by trained community members and verification of their reporting by a biologist. A wildlife premium readiness fund would enable expansion of pilot programs needed to test options beyond those presented here. © 2012 Society for Conservation Biology.

Stop-loss premiums under dependence

NARCIS (Netherlands)

Albers, Willem/Wim

1999-01-01

Stop-loss premiums are typically calculated under the assumption that the insured lives in the underlying portfolio are independent. Here we study the effects of small departures from this assumption. Using Edgeworth expansions, it is made transparent which configurations of dependence parameters

Premium Forecasting of an Insurance Company: Automobile Insurance

OpenAIRE

Fouladvand, M. Ebrahim; Darooneh, Amir H.

2002-01-01

We present an analytical study of an insurance company. We model the company's performance on a statistical basis and evaluate the predicted annual income of the company in terms of insurance parameters namely the premium, total number of the insured, average loss claims etc. We restrict ourselves to a single insurance class the so-called automobile insurance. We show the existence a crossover premium p_c below which the company is loss-making. Above p_c, we also give detailed statistical ana...

Fission-product SiC reaction in HTGR fuel

International Nuclear Information System (INIS)

Montgomery, F.

1981-01-01

The primary barrier to release of fission product from any of the fuel types into the primary circuit of the HTGR are the coatings on the fuel particles. Both pyrolytic carbon and silicon carbide coatings are very effective in retaining fission gases under normal operating conditions. One of the possible performance limitations which has been observed in irradiation tests of TRISO fuel is chemical interaction of the SiC layer with fission products. This reaction reduces the thickness of the SiC layer in TRISO particles and can lead to release of fission products from the particles if the SiC layer is completely penetrated. The experimental section of this report describes the results of work at General Atomic concerning the reaction of fission products with silicon carbide. The discussion section describes data obtained by various laboratories and includes (1) a description of the fission products which have been found to react with SiC; (2) a description of the kinetics of silicon carbide thinning caused by fission product reaction during out-of-pile thermal gradient heating and the application of these kinetics to in-pile irradiation; and (3) a comparison of silicon carbide thinning in LEU and HEU fuels

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.

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.

76 FR 40741 - Federal Housing Administration (FHA) Mortgage Insurance Premiums for Multifamily Housing Programs...

Science.gov (United States)

2011-07-11

... Administration (FHA) Mortgage Insurance Premiums for Multifamily Housing Programs, Health Care Facilities and... mortgage insurance premiums (MIPs) for FHA Multifamily Housing, Health Care Facilities, and Hospital... mortgage insurance regulation at 24 CFR 207.254 provides as follows: Notice of future premium changes will...

The Value Premium on the Danish Stock Market

DEFF Research Database (Denmark)

Risager, Ole

2005-01-01

research on this issue. The purpose of this paper is to report evidence for the Danish stock market and to test whether the value premium is a genuine long-term feature of the market or just a phenomenon that pops up now and then. To research this issue we have collected accounting and stock market data......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...... return than the high multiple growth firms. Work by Basu (1997) and others have shown that the value dominance is also a feature of the earlier market history of the United States. The value premium is reported also to exist in a number of other countries over the period 1975 to 1995 (Fama and French...

24 CFR 220.806 - Pro rata refund of insurance premium.

Science.gov (United States)

2010-04-01

... refund of insurance premium. Upon termination of loan insurance contract by a payment in full or by a... equal to the pro rata portion of the current annual loan insurance premium theretofore paid which is... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Pro rata refund of insurance...

Target-fueled nuclear reactor for medical isotope production

Science.gov (United States)

Coats, Richard L.; Parma, Edward J.

2017-06-27

A small, low-enriched, passively safe, low-power nuclear reactor comprises a core of target and fuel pins that can be processed to produce the medical isotope .sup.99Mo and other fission product isotopes. The fuel for the reactor and the targets for the .sup.99Mo production are the same. The fuel can be low enriched uranium oxide, enriched to less than 20% .sup.235U. The reactor power level can be 1 to 2 MW. The reactor is passively safe and maintains negative reactivity coefficients. The total radionuclide inventory in the reactor core is minimized since the fuel/target pins are removed and processed after 7 to 21 days.

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

Science.gov (United States)

2010-04-02

... Primary Nuclear Liability Insurance Premium AGENCY: Nuclear Regulatory Commission. ACTION: Final rule... impractical. The NRC is amending its regulations to increase the primary premium for liability insurance... protection requirements and indemnity agreements to increase the primary nuclear liability insurance layer...

Experimental study of the thermal stability of hydrocarbon fuels

Science.gov (United States)

Marteney, P. J.; Colket, M. B.; Vranos, A.

1982-01-01

The thermal stability of two hydrocarbon fuels (premium diesel and regular diesel) was determined in a flow reactor under conditions representing operation of an aircraft gas turbine engine. Temperature was varied from 300 to 750 F (422 to 672 K) for fuel flows of 2.84 to 56.8 liters/hr (corresponding to 6.84 x 0.00010 to 1.63 x 0.010 kg/sec for regular diesel fuel and 6.55 x 0.00010 to 1.37 x 0.010 kg/sec for premium diesel fuel); test times varied between 1 and 8 hr. The rate of deposition was obtained through measurement of weight gained by metal discs fixed along the channel wall. The rate of deposit formation is best correlated by an Arrhenius expression. The sample discs in the flow reactor were varied among stainless steel, aluminum and brass; fuels were doped with quinoline, indole, and benzoyl perioxide to yield nitrogen or oxygen concentrations of approximately 1000 ppm. The most substantial change in rate was an increase in deposits for brass discs; other disc materials or the additives caused only small perturbations. Tests were also conducted in a static reactor at temperatures of 300 to 800 F for times of 30 min to 2 1/2 hr. Much smaller deposition was found, indicating the importance of fluid transport in the mechanism.

Taking private labels upmarket : Empirical generalizations on category drivers of premium private label introductions

NARCIS (Netherlands)

Ter Braak, A.M.; Geyskens, I.; Dekimpe, M.G.

Premium private labels (PLs) are considered one of the hottest trends in grocery retailing. Still, retailers do not feel the need to introduce premium PLs in every category. Generalizing across approximately 150 categories for six retailers from two countries that already carry premium PLs for

26 CFR 1.6050H-3T - Information reporting of mortgage insurance premiums (temporary).

Science.gov (United States)

2010-04-01

... Information reporting of mortgage insurance premiums (temporary). (a) Information reporting requirements. Any... section applies to the receipt of all payments of mortgage insurance premiums, by cash or financing... premiums is determined on a mortgage-by-mortgage basis. A recipient need not aggregate mortgage insurance...

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 disability...

Estimated value of insurance premium due to Citarum River flood by using Bayesian method

Science.gov (United States)

Sukono; Aisah, I.; Tampubolon, Y. R. H.; Napitupulu, H.; Supian, S.; Subiyanto; Sidi, P.

2018-03-01

Citarum river flood in South Bandung, West Java Indonesia, often happens every year. It causes property damage, producing economic loss. The risk of loss can be mitigated by following the flood insurance program. In this paper, we discussed about the estimated value of insurance premiums due to Citarum river flood by Bayesian method. It is assumed that the risk data for flood losses follows the Pareto distribution with the right fat-tail. The estimation of distribution model parameters is done by using Bayesian method. First, parameter estimation is done with assumption that prior comes from Gamma distribution family, while observation data follow Pareto distribution. Second, flood loss data is simulated based on the probability of damage in each flood affected area. The result of the analysis shows that the estimated premium value of insurance based on pure premium principle is as follows: for the loss value of IDR 629.65 million of premium IDR 338.63 million; for a loss of IDR 584.30 million of its premium IDR 314.24 million; and the loss value of IDR 574.53 million of its premium IDR 308.95 million. The premium value estimator can be used as neither a reference in the decision of reasonable premium determination, so as not to incriminate the insured, nor it result in loss of the insurer.

Can premium tariffs for micro-generation and small scale renewable heat help the fuel poor, and if so, how? Case studies of innovative finance for community energy schemes in the UK

International Nuclear Information System (INIS)

Saunders, R.W.; Gross, R.J.K.; Wade, J.

2012-01-01

In the UK, the introduction of micro-generation Feed in Tariffs (FiTs) and a proposed Renewable Heat Incentive (RHI) for domestic and small scale schemes have re-energised the market for investment in domestic scale renewable energy. These incentives may provide financial opportunities for those with capital to spend but for the record numbers with low incomes in ‘fuel poverty’, these benefits may seem out of reach. This paper shows that with appropriate financial intermediaries it is possible for renewable energy incentives to be used to alleviate fuel poverty. Simple financial analysis demonstrates the theoretical potential of FiTs to help those in fuel poverty. Two case studies of renewable energy projects in low income areas investigate how the incentives may be used in practice, what barriers exist and what success factors are evident. The analysis shows that local energy organisations (LEOs) are key if the poor are to access benefits from premium tariff schemes. Low interest finance mechanisms, good information sharing and community involvement are found as key success factors. - Highlights: ► This paper researches the potential for FiTs and RHIs to help those in fuel poverty. ► Simple financial modelling shows the potential benefit of FiTs to the fuel poor. ► Original case study research investigates how these benefits can be realised. ► The action of local energy organisations (LEOs) is important to optimise outcomes. ► Financing and dynamics between the community and LEOs are key to success.

[Characterization and supply of coal based fuels]. Quarterly technical report, February 1, 1988--April 30, 1988

Energy Technology Data Exchange (ETDEWEB)

1988-12-31

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 described.

Estimating dual deposit insurance premium rates and forecasting non-performing loans: Two new models

OpenAIRE

Yoshino, Naoyuki; Taghizadeh-Hesary, Farhad; Nili, Farhad

2015-01-01

Risky banks that endanger the stability of the financial system should pay higher deposit insurance premiums than healthy banks and other financial institutions that have shown good financial performance. It is necessary, therefore, to have at least a dual fair premium rate system. In this paper, we develop a model for calculating dual fair premium rates. Our definition of a fair premium rate in this paper is a rate that could cover the operational expenditures of the deposit insuring organiz...

The U.S. health insurance marketplace: are premiums truly affordable?

Science.gov (United States)

Graetz, Ilana; Kaplan, Cameron M; Kaplan, Erin K; Bailey, James E; Waters, Teresa M

2014-10-21

The Patient Protection and Affordable Care Act requires that individuals have health insurance or pay a penalty. Individuals are exempt from paying this penalty if the after-subsidy cost of the least-expensive plan available to them is greater than 8% of their income. For this study, premium data for all health plans offered on the state and federal health insurance marketplaces were collected; the after-subsidy cost of premiums for the least-expensive bronze plan for every county in the United States was calculated; and variations in premium affordability by age, income, and geographic area were assessed. Results indicated that-although marketplace subsidies ensure affordable health insurance for most persons in the United States-many individuals with incomes just above the subsidy threshold will lack affordable coverage and will be exempt from the mandate. Furthermore, young individuals with low incomes often pay as much as or more than older individuals for bronze plans. If substantial numbers of younger, healthier adults choose to remain uninsured because of cost, health insurance premiums across all ages may increase over time.

Fair premium rate of the deposit insurance system based on banks' creditworthiness

OpenAIRE

Yoshino, Naoyuki; Taghizadeh-Hesary, Farhad; Nili, Farhad

2017-01-01

Purpose: Deposit insurance is a key element in modern banking, as it guarantees the financial safety of deposits at depository financial institutions. It is necessary to have at least a dual fair premium rate system based on the creditworthiness of financial institutions, as considering a singular premium system for all banks will have a moral hazard. In this paper, we develop a theoretical as well as an empirical model for calculating dual fair premium rates. Design/methodology/approach: Our...

Environmental and financial implications of ethanol as a bioethylene feedstock versus as a transportation fuel

International Nuclear Information System (INIS)

McKechnie, Jon; Pourbafrani, Mohammad; Saville, Bradley A; MacLean, Heather L

2015-01-01

Bulk chemicals production from biomass may compete with biofuels for low-cost and sustainable biomass sources. Understanding how alternative uses of biomass compare in terms of financial and environmental parameters is therefore necessary to help ensure that efficient uses of resources are encouraged by policy and undertaken by industry. In this paper, we compare the environmental and financial performance of using ethanol as a feedstock for bioethylene production or as a transport fuel in the US life cycle-based models are developed to isolate the relative impacts of these two ethanol uses and generate results that are applicable irrespective of ethanol production pathway. Ethanol use as a feedstock for bioethylene production or as a transport fuel leads to comparable greenhouse gas (GHG) emissions and fossil energy consumption reductions relative to their counterparts produced from fossil sources. By displacing gasoline use in vehicles, use of ethanol as a transport fuel is six times more effective in reducing petroleum energy use on a life cycle basis. In contrast, bioethylene predominately avoids consumption of natural gas. Considering 2013 US ethanol and ethylene market prices, our analysis shows that bioethylene is financially viable only if significant price premiums are realized over conventional ethylene, from 35% to 65% depending on the scale of bioethylene production considered (80 000 t yr −1 to 240 000 t yr −1 ). Ethanol use as a transportation fuel is therefore the preferred pathway considering financial, GHG emissions, and petroleum energy use metrics, although bioethylene production could have strategic value if demand-side limitations of ethanol transport fuel markets are reached. (letter)

Environmental and financial implications of ethanol as a bioethylene feedstock versus as a transportation fuel

Science.gov (United States)

McKechnie, Jon; Pourbafrani, Mohammad; Saville, Bradley A.; MacLean, Heather L.

2015-12-01

Bulk chemicals production from biomass may compete with biofuels for low-cost and sustainable biomass sources. Understanding how alternative uses of biomass compare in terms of financial and environmental parameters is therefore necessary to help ensure that efficient uses of resources are encouraged by policy and undertaken by industry. In this paper, we compare the environmental and financial performance of using ethanol as a feedstock for bioethylene production or as a transport fuel in the US life cycle-based models are developed to isolate the relative impacts of these two ethanol uses and generate results that are applicable irrespective of ethanol production pathway. Ethanol use as a feedstock for bioethylene production or as a transport fuel leads to comparable greenhouse gas (GHG) emissions and fossil energy consumption reductions relative to their counterparts produced from fossil sources. By displacing gasoline use in vehicles, use of ethanol as a transport fuel is six times more effective in reducing petroleum energy use on a life cycle basis. In contrast, bioethylene predominately avoids consumption of natural gas. Considering 2013 US ethanol and ethylene market prices, our analysis shows that bioethylene is financially viable only if significant price premiums are realized over conventional ethylene, from 35% to 65% depending on the scale of bioethylene production considered (80 000 t yr-1 to 240 000 t yr-1). Ethanol use as a transportation fuel is therefore the preferred pathway considering financial, GHG emissions, and petroleum energy use metrics, although bioethylene production could have strategic value if demand-side limitations of ethanol transport fuel markets are reached.

Three generation production biotechnology of biomass into bio-fuel

Science.gov (United States)

Zheng, Chaocheng

2017-08-01

The great change of climate change, depletion of natural resources, and scarcity of fossil fuel in the whole world nowadays have witnessed a sense of urgency home and abroad among scales of researchers, development practitioners, and industrialists to search for completely brand new sustainable solutions in the area of biomass transforming into bio-fuels attributing to our duty-that is, it is our responsibility to take up this challenge to secure our energy in the near future with the help of sustainable approaches and technological advancements to produce greener fuel from nature organic sources or biomass which comes generally from organic natural matters such as trees, woods, manure, sewage sludge, grass cuttings, and timber waste with a source of huge green energy called bio-fuel. Biomass includes most of the biological materials, livings or dead bodies. This energy source is ripely used industrially, or domestically for rather many years, but the recent trend is on the production of green fuel with different advance processing systems in a greener. More sustainable method. Biomass is becoming a booming industry currently on account of its cheaper cost and abundant resources all around, making it fairly more effective for the sustainable use of the bio-energy. In the past few years, the world has witnessed a remarkable development in the bio-fuel production technology, and three generations of bio-fuel have already existed in our society. The combination of membrane technology with the existing process line can play a vital role for the production of green fuel in a sustainable manner. In this paper, the science and technology for sustainable bio-fuel production will be introduced in detail for a cleaner world.

Residential consumers in the Cape Peninsula's willingness to pay for premium priced green electricity

International Nuclear Information System (INIS)

Oliver, Henry; Volschenk, Jako; Smit, Eon

2011-01-01

A number of studies have explored the willingness (i.e. stated willingness as opposed to actual willingness) of consumers to pay a premium for green electricity in developed countries. However, little is known about how this translates into an emerging economy context. This study investigates the level of willingness of residential households in South Africa's Cape Peninsula to pay a premium for electricity from renewable energy. It methodologically drew on recent contributions in the literature on norm-motivated behaviour used to identify testable factors that could influence residential consumers' willingness to pay (WTP). Interestingly, the study found a significant positive link between household income and WTP for green electricity, contrary to the findings of some previous studies. Not only are higher income households more likely to pay a premium, but typically they are also willing to pay a bigger premium. It was also further established that the view that green electricity is reliable, involvement in the recycling of waste and the belief that everyone should contribute to green electricity generation drive the WTP. - Research Highlights: →The study explored the drivers of willingness to pay (WTP) a premium for green electricity. →All the hypothesised drivers of WTP a premium were found to be significant. →Contrary to some former studies, income was found to be a good predictor of WTP and the pledged premium. →The quantum of the premium positively correlates with income levels.

Is there evidence that recent consolidation in the health insurance industry has adversely affected premiums?

Science.gov (United States)

Kopit, William G

2004-01-01

James Robinson suggests that recent consolidation in the insurance market has been a cause of higher health insurance prices (premiums). Although the recent consolidation among health insurers and rising premiums are indisputable, it is unlikely that consolidation has had any adverse effect on premiums nationwide, and Robinson provides no data that suggest otherwise. Specifically, he does not present data showing an increase in concentration in any relevant market during the past few years, let alone any resulting increase in premiums. Health insurance consolidation in certain local markets could adversely affect premiums, but it seems clear that it is not a major national antitrust issue.

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.

Ability and Willingness to Pay Premium in the Framework of National Health Insurance System

Directory of Open Access Journals (Sweden)

Aulia Abdillah Ramadhan

2015-12-01

Full Text Available Background: The National Health Insurance is one of the government’s efforts to improve community access to health services. The government has fixed the premiums to be paid by community, except for underprivileged community. The aim of the study was to identify Ability to Pay (ATP and Willingness to Pay (WTP of the national health insurance premium. Methods: A descriptive study which involved 210 housewives who were chosen by rapid survey method was conducted from September to November 2013 in Cipacing village, Jatinangor, Sumedang, West Java. Data collection was using questionnaire to obtain level of ability and willingness to pay the health insurance premium. The results were compared to the required premium by the government (Rp 22,000,-. Results: Most of the respondents were only housewives, but there were still respondents who were private workers. Most of them were 20–39 years old. About 57.6% of the respondents were able to pay for the required premium, but Only 17.4% of the them were willing to pay according to the required premium. Conclusions: The ATP of the respondents are higher compared to the WTP, meaning that most of the respondents are able to pay the requires premium but are not willing to pay it.

Estimating Premium Sensitivity for Children's Public Health Insurance Coverage: Selection but No Death Spiral

Science.gov (United States)

Marton, James; Ketsche, Patricia G; Snyder, Angela; Adams, E Kathleen; Zhou, Mei

2015-01-01

Objective To estimate the effect of premium increases on the probability that near-poor and moderate-income children disenroll from public coverage. Data Sources Enrollment, eligibility, and claims data for Georgia's PeachCare for Kids™ (CHIP) program for multiple years. Study Design We exploited policy-induced variation in premiums generated by cross-sectional differences and changes over time in enrollee age, family size, and income to estimate the duration of enrollment as a function of the effective (per child) premium. We classify children as being of low, medium, or high illness severity. Principal Findings A dollar increase in the per-child premium is associated with a slight increase in a typical child's monthly probability of exiting coverage from 7.70 to 7.83 percent. Children with low illness severity have a significantly higher monthly baseline probability of exiting than children with medium or high illness severity, but the enrollment response to premium increases is similar across all three groups. Conclusions Success in achieving coverage gains through public programs is tempered by persistent problems in maintaining enrollment, which is modestly affected by premium increases. Retention is subject to adverse selection problems, but premium increases do not appear to significantly magnify the selection problem in this case. PMID:25130764

Fission product release from fuel of water-cooled reactors

International Nuclear Information System (INIS)

Strupczewski, A.; Marks, P.; Klisinska, M.

1997-01-01

The report contains a review of theoretical models and experimental works of gaseous and volatile fission products from uranium dioxide fuel. The experimental results of activity release at low burnup and the model of fission gas behaviour at initial stage of fuel operational cycle are presented. Empirical models as well as measured results of transient fission products release rate in the temperature up to UO 2 melting point, with consideration of their chemical reactions with fuel and cladding, are collected. The theoretical and experimental data were used for calculations of gaseous and volatile fission products release, especially iodine and caesium, to the gas volume of WWER-1000 and WWER-440 type fuel rods at low and high burnup and their further release from defected rods at the assumed loss-of-coolant accident. (author)

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.

24 CFR 252.6 - Method of payment of mortgage insurance premiums.

Science.gov (United States)

2010-04-01

... insurance premiums. 252.6 Section 252.6 Housing and Urban Development Regulations Relating to Housing and..., AND BOARD AND CARE HOMES § 252.6 Method of payment of mortgage insurance premiums. The provisions of..., DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT...

Commercial Aspect of Research Reactor Fuel Element Production

International Nuclear Information System (INIS)

Susanto, B.G; Suripto, A

1998-01-01

Several aspects affecting the commercialization of the Research Reactor Fuel Element Production Installation (RR FEPI) under a BUMN (state-owned company)have been studied. The break event point (BEP) value based on total production cost used is greatly depending upon the unit selling price of the fuel element. At a selling price of USD 43,500/fuel element, the results of analysis shows that the BEP will be reached at 51% of minimum available capacity. At a selling price of US$ 43.500/fuel element the total income (after tax) for 7 years ahead is US $ 4.620.191,- The net present value in this study has a positive value is equal to US $ 2.827.527,- the internal rate of return will be 18% which is higher than normal the bank interest rare (in US dollar) at this time. It is concluded therefore that the nuclear research reactor fuel element produced by state-owned company BUMN has a good prospect to be sold commercially

Production of chemicals and fuels from biomass

Science.gov (United States)

Qiao, Ming; Woods, Elizabeth; Myren, Paul; Cortright, Randy; Kania, John

2018-01-23

Methods, reactor systems, and catalysts are provided for converting in a continuous process biomass to fuels and chemicals, including methods of converting the water insoluble components of biomass, such as hemicellulose, cellulose and lignin, to volatile C.sub.2+O.sub.1-2 oxygenates, such as alcohols, ketones, cyclic ethers, esters, carboxylic acids, aldehydes, and mixtures thereof. In certain applications, the volatile C.sub.2+O.sub.1-2 oxygenates can be collected and used as a final chemical product, or used in downstream processes to produce liquid fuels, chemicals and other products.

MCBS Highlights: Ownership and Average Premiums for Medicare Supplementary Insurance Policies

Science.gov (United States)

Chulis, George S.; Eppig, Franklin J.; Poisal, John A.

1995-01-01

This article describes private supplementary health insurance holdings and average premiums paid by Medicare enrollees. Data were collected as part of the 1992 Medicare Current Beneficiary Survey (MCBS). Data show the number of persons with insurance and average premiums paid by type of insurance held—individually purchased policies, employer-sponsored policies, or both. Distributions are shown for a variety of demographic, socioeconomic, and health status variables. Primary findings include: Seventy-eight percent of Medicare beneficiaries have private supplementary insurance; 25 percent of those with private insurance hold more than one policy. The average premium paid for private insurance in 1992 was $914. PMID:10153473

Irradiated fuel by-product separation research in Canada

International Nuclear Information System (INIS)

Burston, M.

1984-01-01

Although no decision has been made to reprocess irradiated CANDU fuel, by-product separation research has recently been initiated in Canada because of its potential importance to Canadian research programs in advanced fuel cycles (especially U/Pu cycle development in the near term) and nuclear waste management. In addition, separated by-products could have a significant commercial potential. Demonstrated applications include: heat sources, gamma radiation sources, light sources, new materials for productions of other useful isotopes, etc. For illustrative purposes the calculated market value of by-products currently stored in irradiated CANDU fuel is approximately $210/kgU. Ontario Hydro has initiated a program to study the application of new separation technolgies, such as laser-based techniques and the plasma ion cyclotron resonance separation technique, to either augment and/or supplant the chemical extraction methods. The main goal is to develop new, more economical extraction methods in order to increase the magnitude of the advantages resulting from this approach to reprocessing. (author)

24 CFR 255.6 - Method of payment of mortgage insurance premiums.

Science.gov (United States)

2010-04-01

... insurance premiums. 255.6 Section 255.6 Housing and Urban Development Regulations Relating to Housing and... PROJECTS § 255.6 Method of payment of mortgage insurance premiums. The provisions of 24 CFR 251.6 shall..., DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT...

Reducing Actinide Production Using Inert Matrix Fuels

Energy Technology Data Exchange (ETDEWEB)

Deinert, Mark [Colorado School of Mines, Golden, CO (United States)

2017-08-23

The environmental and geopolitical problems that surround nuclear power stem largely from the longlived transuranic isotopes of Am, Cm, Np and Pu that are contained in spent nuclear fuel. New methods for transmuting these elements into more benign forms are needed. Current research efforts focus largely on the development of fast burner reactors, because it has been shown that they could dramatically reduce the accumulation of transuranics. However, despite five decades of effort, fast reactors have yet to achieve industrial viability. A critical limitation to this, and other such strategies, is that they require a type of spent fuel reprocessing that can efficiently separate all of the transuranics from the fission products with which they are mixed. Unfortunately, the technology for doing this on an industrial scale is still in development. In this project, we explore a strategy for transmutation that can be deployed using existing, current generation reactors and reprocessing systems. We show that use of an inert matrix fuel to recycle transuranics in a conventional pressurized water reactor could reduce overall production of these materials by an amount that is similar to what is achievable using proposed fast reactor cycles. Furthermore, we show that these transuranic reductions can be achieved even if the fission products are carried into the inert matrix fuel along with the transuranics, bypassing the critical separations hurdle described above. The implications of these findings are significant, because they imply that inert matrix fuel could be made directly from the material streams produced by the commercially available PUREX process. Zirconium dioxide would be an ideal choice of inert matrix in this context because it is known to form a stable solid solution with both fission products and transuranics.

The significance of LPG in Turkish vehicular transportation: liquefied petroleum gases (LPG) in fueled systems

Energy Technology Data Exchange (ETDEWEB)

Balat, Mustafa [Besikduzu, Trabzon (Turkey)

2005-04-15

Liquefied petroleum gases (LPG) are in widespread use in homes, industry and agriculture. Among the many uses of these gases are heating and refrigeration, as a supplement for natural gas, as fuel for industrial equipment and mobile homes, in the manufacture of ethylene, and as a solvent. Worldwide LPG production is limited to about 10% of total gasoline and diesel fuel consumption and is used to a great extent for domestic and industrial purposes. Since LPG burns cleaner with less carbon build-up and oil contamination, engine wear is reduced and the life of some components, such as rings and bearings, is much longer than with gasoline. The high octane of LPG also minimizes wear from engine knock. The rapid development of LPG technology, including ease of vehicular conversion and estimations of increased LPG availability, suggest LPG will soon be recognized as a premium automotive fuel. (Author)

Effects of public premiums on children's health insurance coverage: evidence from 1999 to 2003.

Science.gov (United States)

Kenney, Genevieve; Hadley, Jack; Blavin, Fredric

This study uses 2000 to 2004 Current Population Survey data to examine the effects of public premiums on the insurance coverage of children whose family incomes are between 100% and 300% of the federal poverty level. The analysis employs multinomial logistic models that control for factors other than premium costs. While the magnitude of the estimated effects varies across models, the results consistently indicate that raising public premiums reduces enrollment in public programs, with some children who forgo public coverage having private coverage instead and others being uninsured. The results indicate that public premiums have larger effects when applied to lower-income families.

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.

Fuel cycle related parametric study considering long lived actinide production, decay heat and fuel cycle performances

International Nuclear Information System (INIS)

Raepsaet, X.; Damian, F.; Lenain, R.; Lecomte, M.

2001-01-01

One of the very attractive HTGR reactor characteristics is its highly versatile and flexible core that can fulfil a wide range of diverse fuel cycles. Based on a GTMHR-600 MWth reactor, analyses of several fuel cycles were carried out without taking into account common fuel particle performance limits (burnup, fast fluence, temperature). These values are, however, indicated in each case. Fuel derived from uranium, thorium and a wide variety of plutonium grades has been considered. Long-lived actinide production and total residual decay heat were evaluated for the various types of fuel. The results presented in this papers provide a comparison of the potential and limits of each fuel cycle and allow to define specific cycles offering lowest actinide production and residual heat associated with a long life cycle. (author)

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...... loading with the possibility of gaining or loosing customers. It distributes dividends according to a 'barrier strategy' and the objective of the company is to find an optimal premium policy and dividend barrier maximizing the expected total, discounted pay-out of dividends. In the case of exponential...

Geographic variation in premiums in health insurance marketplaces.

Science.gov (United States)

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

2014-08-01

This policy brief analyzes the 2014 premiums associated with qualified health plans (QHPs) made available through new health insurance marketplaces (HIMs), an implementation of the Patient Protection and Affordable Care Act (ACA) of 2010. We report differences in premiums by insurance rating areas while controlling for other important factors such as the actuarial value of the plan (metal level), cost-of-living differences, and state-level decisions over type of rating area. While market equilibrium, based on experience and understanding of the characteristics of the new market, should not be expected this soon, preliminary results give policymakers key issues to monitor.

Comparative Study of Laboratory-Scale and Prototypic Production-Scale Fuel Fabrication Processes and Product Characteristics

International Nuclear Information System (INIS)

2014-01-01

An objective of the High Temperature Gas Reactor fuel development and qualification program for the United States Department of Energy has been to qualify fuel fabricated in prototypic production-scale equipment. The quality and characteristics of the tristructural isotropic coatings on fuel kernels are influenced by the equipment scale and processing parameters. Some characteristics affecting product quality were suppressed while others have become more significant in the larger equipment. Changes to the composition and method of producing resinated graphite matrix material has eliminated the use of hazardous, flammable liquids and enabled it to be procured as a vendor-supplied feed stock. A new method of overcoating TRISO particles with the resinated graphite matrix eliminates the use of hazardous, flammable liquids, produces highly spherical particles with a narrow size distribution, and attains product yields in excess of 99%. Compact fabrication processes have been scaled-up and automated with relatively minor changes to compact quality to manual laboratory-scale processes. The impact on statistical variability of the processes and the products as equipment was scaled are discussed. The prototypic production-scale processes produce test fuels that meet fuel quality specifications.

Estimating the market premium in short term interest rates

OpenAIRE

Hansen, Hans Fredrik

2006-01-01

Looking at the term structure in the interest rate market one can’t help notice the evident market premium above the central banks target rate. What factors might decide this premium? By using different variations of simple regression models we see that the model is constantly lagging the real time series. Acknowledging the fact that market clearings often are subject to several equations; we’re better able to develop a sensible model using a simultaneous equilibrium model. The multiple equat...

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.

Fission product release from TRIGA-LEU reactor fuels

International Nuclear Information System (INIS)

Baldwin, N.L.; Foushee, F.C.; Greenwood, J.S.

1980-01-01

Due to present international concerns over nuclear proliferation, TRIGA reactor fuels will utilize only low-enriched uranium (LEU) (enrichment <20%). This requires increased total uranium loading per unit volume of fuel in order to maintain the appropriate fissile loading. Tests were conducted to determine the fractional release of gaseous and metallic fission products from typical uranium-zirconium hydride TRIGA fuels containing up to 45 wt-% uranium. These tests, performed in late 1977 and early 1978, were similar to those conducted earlier on TRIGA fuels with 8.5 wt-% U. Fission gas release measurements were made on prototypic specimens from room temperature to 1100 deg. C in the TRIGA King Furnace Facility. The fuel specimens were irradiated in the TRIGA reactor at a low power level. The fractional releases of the gaseous nuclides of krypton and xenon were measured under steady-state operating conditions. Clean helium was used to sweep the fission gases released during irradiation from the furnace into a standard gas collection trap for gamma counting. The results of these tests on TRIGA-LEU fuel agree well with data from the similar, earlier tests on TRIGA fuel. The correlation used to calculate the release of fission products from 8.5 wt-% U TRIGA fuel applies equally well for U contents up to 45 wt-%. (author)

Fission product released experiment of coated fuel particles

Energy Technology Data Exchange (ETDEWEB)

Shijiang, Xu; Bing, Yang; Chunhe, Tang; Junguo, Zhu; Jintao, Huang; Binzhong, Zhang [Inst. of Nucl. Energy Technology, Tsinghua Univ., Beijing (China); Jinghan, Luo [Inst. of Atomic Energy, Beijing (China)

1992-01-15

Four samples of coated fuel particles were irradiated in the Heavy-Water Research Reactor of the Institute of Atomic Energy. Each of them was divided into two groups and irradiated to the burn up of 0.394% fima and 0.788% fima in two static capsules, respectively. After irradiation and cooling, post irradiation annealing experiment was carried out, the release ratios of the fission product {sup 133}Xe and {sup 131}I were measured, they are in the order of 10{sup -6}{approx}10{sup -7}. The fission product release ratio of naked kernel was also measured under the same conditions as for the coated fuel particles, the ratio of the fission product release of the coated fuel particles and of the naked kernel was in the order of 10{sup -5}{approx}10{sup -4}.

Growth and variability in health plan premiums in the individual insurance market before the Affordable Care Act.

Science.gov (United States)

Gruber, Jonathan

2014-06-01

Before we can evaluate the impact of the Affordable Care Act on health insurance premiums in the individual market, it is critical to understand the pricing trends of these premiums before the implementation of the law. Using rates of increase in the individual insurance market collected from state regulators, this issue brief documents trends in premium growth in the pre-ACA period. From 2008 to 2010, premiums grew by 10 percent or more per year. This growth was also highly variable across states, and even more variable across insurance plans within states. The study suggests that evaluating trends in premiums requires looking across a broad array of states and plans, and that policymakers must examine how present and future changes in premium rates compare with the more than 10 percent per year premium increases in the years preceding health reform.

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

Science.gov (United States)

2010-01-01

...) CIVIL SERVICE REGULATIONS (CONTINUED) FEDERAL FLEXIBLE BENEFITS PLAN: PRE-TAX PAYMENT OF HEALTH BENEFITS... FEHB insurance premium. If you are a participant in the premium conversion plan, Section 125 of the...

29 CFR 778.205 - Premiums for weekend and holiday work-example.

Science.gov (United States)

2010-07-01

... 29 Labor 3 2010-07-01 2010-07-01 false Premiums for weekend and holiday work-example. 778.205....205 Premiums for weekend and holiday work—example. The application of section 7(e)(6) may be illustrated by the following example: Suppose an agreement of employment calls for the payment of $7.50 an...

Production of biosolid fuels from municipal sewage sludge: Technical and economic optimisation.

Science.gov (United States)

Wzorek, Małgorzata; Tańczuk, Mariusz

2015-08-01

The article presents the technical and economic analysis of the production of fuels from municipal sewage sludge. The analysis involved the production of two types of fuel compositions: sewage sludge with sawdust (PBT fuel) and sewage sludge with meat and bone meal (PBM fuel). The technology of the production line of these sewage fuels was proposed and analysed. The main objective of the study is to find the optimal production capacity. The optimisation analysis was performed for the adopted technical and economic parameters under Polish conditions. The objective function was set as a maximum of the net present value index and the optimisation procedure was carried out for the fuel production line input capacity from 0.5 to 3 t h(-1), using the search step 0.5 t h(-1). On the basis of technical and economic assumptions, economic efficiency indexes of the investment were determined for the case of optimal line productivity. The results of the optimisation analysis show that under appropriate conditions, such as prices of components and prices of produced fuels, the production of fuels from sewage sludge can be profitable. In the case of PBT fuel, calculated economic indexes show the best profitability for the capacity of a plant over 1.5 t h(-1) output, while production of PBM fuel is beneficial for a plant with the maximum of searched capacities: 3.0 t h(-1). Sensitivity analyses carried out during the investigation show that influence of both technical and economic assessments on the location of maximum of objective function (net present value) is significant. © The Author(s) 2015.

Nuclear Energy R and D Imperative 3: Enable a Transition Away from Fossil Fuel in the Transportation and Industrial Sectors

International Nuclear Information System (INIS)

Petti, David; Herring, J. Stephen

2010-01-01

As described in the Department of Energy Office of Nuclear Energy's Nuclear Energy R and D Roadmap, nuclear energy can play a significant role in supplying energy for a growing economy while reducing both our dependence on foreign energy supplies and emissions from the burning of fossil fuels. The industrial and transportation sectors are responsible for more than half of the greenhouse gas emissions in the U.S., and imported oil supplies 70% of the energy used in the transportation sector. It is therefore important to examine the various ways nuclear energy can facilitate a transition away from fossil fuels to secure environmentally sustainable production and use of energy in the transportation and manufacturing industry sectors. Imperative 3 of the Nuclear Energy R and D Roadmap, entitled 'Enable a Transition Away from Fossil Fuels by Producing Process Heat for use in the Transportation and Industrial Sectors', addresses this need. This document presents an Implementation Plan for R and D efforts related to this imperative. The expanded use of nuclear energy beyond the electrical grid will contribute significantly to overcoming the three inter-linked energy challenges facing U.S. industry: the rising and volatile prices for premium fossil fuels such as oil and natural gas, dependence on foreign sources for these fuels, and the risks of climate change resulting from carbon emissions. Nuclear energy could be used in the industrial and transportation sectors to: (1) Generate high temperature process heat and electricity to serve industrial needs including the production of chemical feedstocks for use in manufacturing premium fuels and fertilizer products, (2) Produce hydrogen for industrial processes and transportation fuels, and (3) Provide clean water for human consumption by desalination and promote wastewater treatment using low-grade nuclear heat as a useful additional benefit. Opening new avenues for nuclear energy will significantly enhance our nation

Water Footprint and Land Requirement of Solar Thermochemical Jet-Fuel Production.

Science.gov (United States)

Falter, Christoph; Pitz-Paal, Robert

2017-11-07

The production of alternative fuels via the solar thermochemical pathway has the potential to provide supply security and to significantly reduce greenhouse gas emissions. H 2 O and CO 2 are converted to liquid hydrocarbon fuels using concentrated solar energy mediated by redox reactions of a metal oxide. Because attractive production locations are in arid regions, the water footprint and the land requirement of this fuel production pathway are analyzed. The water footprint consists of 7.4 liters per liter of jet fuel of direct demand on-site and 42.4 liters per liter of jet fuel of indirect demand, where the dominant contributions are the mining of the rare earth oxide ceria, the manufacturing of the solar concentration infrastructure, and the cleaning of the mirrors. The area-specific productivity is found to be 33 362 liters per hectare per year of jet fuel equivalents, where the land coverage is mainly due to the concentration of solar energy for heat and electricity. The water footprint and the land requirement of the solar thermochemical fuel pathway are larger than the best power-to-liquid pathways but an order of magnitude lower than the best biomass-to-liquid pathways. For the production of solar thermochemical fuels arid regions are best-suited, and for biofuels regions of a moderate and humid climate.

The case for risk-based premiums in public health insurance.

Science.gov (United States)

Zweifel, Peter; Breuer, Michael

2006-04-01

Uniform, risk-independent insurance premiums are accepted as part of 'managed competition' in health care. However, they are not compatible with optimality of health insurance contracts in the presence of both ex ante and ex post moral hazard. They have adverse effects on insurer behaviour even if risk adjustment is taken into account. Risk-based premiums combined with means-tested, tax-financed transfers are advocated as an alternative.

Economic Efficiency of Establishing Domestic Production of Synthetic Liquid Fuel

Directory of Open Access Journals (Sweden)

Kyzym Mykola O.

2017-06-01

Full Text Available The article notes a stable tendency to increasing the oil dependence of Ukraine, which creates a threat to the national economic security, and proves an expediency of establishing domestic production of synthetic liquid fuel. The technical, organizational and economic features of establishing synthetic liquid fuel production in Ukraine are presented. There proved a hypothesis on the expediency of organizing the production of synthetic liquid fuels based on steam-plasma coal gasification technology. The forecast resource cycle of the country until 2020 under conditions of developing this technology is modeled.

Genetically Modified Bacteria for Fuel Production: Development of Rhodobacteria as a Versatile Platform for Fuels Production

Energy Technology Data Exchange (ETDEWEB)

None

2010-07-01

Electrofuels Project: Penn State is genetically engineering bacteria called Rhodobacter to use electricity or electrically generated hydrogen to convert carbon dioxide into liquid fuels. Penn State is taking genes from oil-producing algae called Botryococcus braunii and putting them into Rhodobacter to produce hydrocarbon molecules, which closely resemble gasoline. Penn State is developing engineered tanks to support microbial fuel production and determining the most economical way to feed the electricity or hydrogen to the bacteria, including using renewable sources of power like solar energy.

Association between rising professional liability insurance premiums and primary cesarean delivery rates.

Science.gov (United States)

Murthy, Karna; Grobman, William A; Lee, Todd A; Holl, Jane L

2007-12-01

To estimate the association between changes in Illinois professional liability premiums for obstetrician-gynecologists and singleton primary cesarean delivery rates. Data from the National Center for Health Statistics were used to identify all singleton births between 37 weeks and 44 weeks of gestation occurring in Illinois from 1998 through 2003. Primary cesarean delivery rates for women delivered between 37 weeks and 44 weeks of gestation per 1,000 gravid women eligible to have a primary cesarean delivery were calculated for each Illinois county. The annual medical professional liability premium for each county in Illinois was represented by the reported professional liability insurance rate charges (adjusted to 2004 dollars) from the ISMIE Mutual Insurance Company. Separate analyses were conducted for nulliparous and multiparous women. The independent association between county-level primary cesarean delivery rates and the previous year's insurance premiums was evaluated using linear regression models. During the study period, 817,521 women were eligible for inclusion in the analysis. The county-level mean primary cesarean delivery rate increased from 126 to 163 per 1,000 (Pinsurance premiums also rose significantly (from $60,766 in 1997 to $83,167 in 2002, Pinsurance premium increase, the primary cesarean delivery rate increased by 15.7 per 1,000 for nulliparous women. This association also was evident for multiparous women, who had an increase in cesarean deliveries of 4.7 per 1,000 for every $10,000 increase. Higher rates of primary cesarean delivery are associated with increased medical professional liability premiums for obstetrician-gynecologists in Illinois. II.

Production of chemicals and fuels from biomass

Energy Technology Data Exchange (ETDEWEB)

Woods, Elizabeth; Qiao, Ming; Myren, Paul; Cortright, Randy D.; Kania, John

2015-12-15

Described are methods, reactor systems, and catalysts for converting biomass to fuels and chemicals in a batch and/or continuous process. The process generally involves the conversion of water insoluble components of biomass, such as hemicellulose, cellulose and lignin, to volatile C.sub.2+O.sub.1-2 oxygenates, such as alcohols, ketones, cyclic ethers, esters, carboxylic acids, aldehydes, and mixtures thereof. In certain applications, the volatile C.sub.2+O.sub.1-2 oxygenates can be collected and used as a final chemical product, or used in downstream processes to produce liquid fuels, chemicals and other products.

A crop production ecology (CPE) approach to sustainable production of biomass for food, feed and fuel

NARCIS (Netherlands)

Haverkort, A.J.; Bindraban, P.S.; Conijn, J.G.; Ruijter, de F.J.

2009-01-01

With the rapid increase in demand for agricultural products for food, feed and fuel, concerns are growing about sustainability issues. Can agricultural production meet the needs of increasing numbers of people consuming more animal products and using a larger share of crops as fuel for transport,

12 CFR 329.103 - Premiums.

Science.gov (United States)

2010-01-01

... interest as defined in § 329.1(c). (a) Premiums, whether in the form of merchandise, credit, or cash, given... 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 in...

5 CFR 892.202 - Are retirees eligible for the premium conversion plan?

Science.gov (United States)

2010-01-01

... conversion plan? 892.202 Section 892.202 Administrative Personnel OFFICE OF PERSONNEL MANAGEMENT (CONTINUED) CIVIL SERVICE REGULATIONS (CONTINUED) FEDERAL FLEXIBLE BENEFITS PLAN: PRE-TAX PAYMENT OF HEALTH BENEFITS PREMIUMS Eligibility and Participation § 892.202 Are retirees eligible for the premium conversion plan? No...

5 CFR 892.201 - Who is covered by the premium conversion plan?

Science.gov (United States)

2010-01-01

... plan? 892.201 Section 892.201 Administrative Personnel OFFICE OF PERSONNEL MANAGEMENT (CONTINUED) CIVIL SERVICE REGULATIONS (CONTINUED) FEDERAL FLEXIBLE BENEFITS PLAN: PRE-TAX PAYMENT OF HEALTH BENEFITS PREMIUMS Eligibility and Participation § 892.201 Who is covered by the premium conversion plan? (a) All...

MOLTEN CARBONATE FUEL CELL PRODUCT DESIGN IMPROVEMENT

Energy Technology Data Exchange (ETDEWEB)

H.C. Maru; M. Farooque

2003-03-01

The program efforts are focused on technology and system optimization for cost reduction, commercial design development, and prototype system field trials. The program is designed to advance the carbonate fuel cell technology from full-size field test to the commercial design. FuelCell Energy, Inc. (FCE) is in the later stage of the multiyear program for development and verification of carbonate fuel cell based power plants supported by DOE/NETL with additional funding from DOD/DARPA and the FuelCell Energy team. FCE has scaled up the technology to full-size and developed DFC{reg_sign} stack and balance-of-plant (BOP) equipment technology to meet product requirements, and acquired high rate manufacturing capabilities to reduce cost. FCE has designed submegawatt (DFC300A) and megawatt (DFC1500 and DFC3000) class fuel cell products for commercialization of its DFC{reg_sign} technology. A significant progress was made during the reporting period. The reforming unit design was optimized using a three-dimensional stack simulation model. Thermal and flow uniformities of the oxidant-In flow in the stack module were improved using computational fluid dynamics based flow simulation model. The manufacturing capacity was increased. The submegawatt stack module overall cost was reduced by {approx}30% on a per kW basis. An integrated deoxidizer-prereformer design was tested successfully at submegawatt scale using fuels simulating digester gas, coal bed methane gas and peak shave (natural) gas.

The fuel cell as a energy center. The chances of utilization of sewage gas; Die Brennstoffzelle als Energiezentrum. Die Chancen der Verwertung von Klaergas

Energy Technology Data Exchange (ETDEWEB)

Berger, P. [CFC Solutions GmbH, Muenchen (Germany)

2008-07-01

The basis of the fuel cell power station of the CFC Solutions GmbH (Munich, Federal Republic of Germany) is the carbonate fuel cell, with which arbitrary gaseous fuels can be used for power generation. The reformation of the methane containing gaseous fuel to hydrogen in the fuel cell requires heat energy, which is obtained as waste heat of the cell reaction. Apart from the electricity by the fuel cell power station heat energy is produced. Thus the fuel cell power station also can be used for the production of process steam and production of coldness by means of an absorption refrigeration system. A further advantage is that for the fuel cell power station no hydrogen have to be manufactured. In comparison to the motoric heat and power cogeneration or small gas turbines thee are further advantages for fuel cell power stations: a) high electrical efficiency within the kilowatt range; b) high temperature useful heat; c) efficient cooling; d) Flexibility with the fuel (natural gas, fermentation gas, sewage gas); e) good extent of utilization of the power station; f) flexible interpretation and operation according to user requirement; g) premium power and USV applications; g) smallest emission to exhaust gas and noises.

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 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 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...

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.

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

Ultra-clean Fischer-Tropsch (F-T) Fuels Production and Demonstration Project

Energy Technology Data Exchange (ETDEWEB)

Stephen P. Bergin

2006-06-30

The objective of the DOE-NETL Fischer-Tropsch (F-T) Production and Demonstration Program was to produce and evaluate F-T fuel derived from domestic natural gas. The project had two primary phases: (1) fuel production of ultra-clean diesel transportation fuels from domestic fossil resources; and (2) demonstration and performance testing of these fuels in engines. The project also included a well-to-wheels economic analysis and a feasibility study of small-footprint F-T plants (SFPs) for remote locations such as rural Alaska. During the fuel production phase, ICRC partnered and cost-shared with Syntroleum Corporation to complete the mechanical design, construction, and operation of a modular SFP that converts natural gas, via F-T and hydro-processing reactions, into hydrogensaturated diesel fuel. Construction of the Tulsa, Oklahoma plant started in August 2002 and culminated in the production of over 100,000 gallons of F-T diesel fuel (S-2) through 2004, specifically for this project. That fuel formed the basis of extensive demonstrations and evaluations that followed. The ultra-clean F-T fuels produced had virtually no sulfur (less than 1 ppm) and were of the highest quality in terms of ignition quality, saturation content, backend volatility, etc. Lubricity concerns were investigated to verify that commercially available lubricity additive treatment would be adequate to protect fuel injection system components. In the fuel demonstration and testing phase, two separate bus fleets were utilized. The Washington DC Metropolitan Area Transit Authority (WMATA) and Denali National Park bus fleets were used because they represented nearly opposite ends of several spectra, including: climate, topography, engine load factor, mean distance between stops, and composition of normally used conventional diesel fuel. Fuel evaluations in addition to bus fleet demonstrations included: bus fleet emission measurements; F-T fuel cold weather performance; controlled engine dynamometer

Methods for conversion of lignocellulosic-derived products to transportation fuel precursors

Science.gov (United States)

Lilga, Michael A.; Padmaperuma, Asanga B.

2017-10-03

Methods are disclosed for converting a biomass-derived product containing levulinic acid and/or gamma-valerolactone to a transportation fuel precursor product containing diesel like hydrocarbons. These methods are expected to produce fuel products at a reduced cost relative to conventional approaches.

FREVAP-6, Metal Fission Products Release from HTGR Fuel Elements

International Nuclear Information System (INIS)

Pierce, V.H.

2005-01-01

1 - Description of problem or function: The FREVAP type of code for estimating the release of longer-lived metallic fission products from HTGR fuel elements has been developed to take into account the combined effects of the retention of metallic fission products by fuel particles and the rather strong absorption of these fission products by the graphite of the fuel elements. Release calculations are made on the basis that the loss of fission product nuclides such as strontium, cesium, and barium is determined by their evaporation from the graphite surfaces and their transpiration induced by the flowing helium coolant. The code is devised so that changes of fission rate (fuel element power), fuel temperature, and graphite temperature may be incorporated into the calculation. Temperature is quite important in determining release because, in general, both release from fuel particles and loss by evaporation (transpiration) vary exponentially with the reciprocal of the absolute temperature. NESC0301/02: This version differs from the previous one in the following points: The source and output files were converted from BCD to ASCII coding. 2 - Method of solution: A problem is defined as having a one-dimensional segment made up of three parts - (1) the fission product source (fuel particles) in series with, (2) a non-source and absorption part (element graphite) and (3) a surface for evaporation to the coolant (graphite-helium interface). More than one segment may be connected (possibly segments stacked axially) by way of the coolant. At any given segment, a continuity equation is solved assuming equilibrium between the source term, absorption term, evaporation at coolant interface and the partial pressure of the fission product isotope in the coolant. 3 - Restrictions on the complexity of the problem - Maxima of: 5 isotopes; 10 time intervals for time-dependent variable; 49 segments (times number of isotopes); 5 different output print time-steps

Quantification of effluents in the production of nuclear fuel

Energy Technology Data Exchange (ETDEWEB)

Sakai, Mayara C.C.B.; Riella, Humberto G.; Carvalho, Elita F.U. de, E-mail: mcostac@ipen.br [Instituto de Pesquisas Energeticas e Nucleares (IPEN/CNEN-SP), Sao Paulo, SP (Brazil)

2017-07-01

At the Instituto de Pesquisa Energéticas e Nucleares (IPEN), the Centro de Combustível Nuclear (CCN), Sao Paulo, SP, Brazil, is responsible for manufacturing fuels for the IEA-R1 reactor and, possibly, the multipurpose reactor fuels. In order to meet the demand for both reactors, the CCN developed a new plant. The production process of the fuel generates several types of effluents - containing uranium or not - being solid, liquid and gaseous with varied physical and chemical characteristics. The objective of this work is to follow the nuclear fuel production process and to identify, quantify and characterize the effluents, especially the liquid ones, to later elaborate a plan of management of these and eventually dispose in a responsible way in the environment. (author)

Quantification of effluents in the production of nuclear fuel

International Nuclear Information System (INIS)

Sakai, Mayara C.C.B.; Riella, Humberto G.; Carvalho, Elita F.U. de

2017-01-01

At the Instituto de Pesquisa Energéticas e Nucleares (IPEN), the Centro de Combustível Nuclear (CCN), Sao Paulo, SP, Brazil, is responsible for manufacturing fuels for the IEA-R1 reactor and, possibly, the multipurpose reactor fuels. In order to meet the demand for both reactors, the CCN developed a new plant. The production process of the fuel generates several types of effluents - containing uranium or not - being solid, liquid and gaseous with varied physical and chemical characteristics. The objective of this work is to follow the nuclear fuel production process and to identify, quantify and characterize the effluents, especially the liquid ones, to later elaborate a plan of management of these and eventually dispose in a responsible way in the environment. (author)

5 CFR 550.1409 - Inapplicability of premium pay and aggregate pay caps.

Science.gov (United States)

2010-01-01

... 5 Administrative Personnel 1 2010-01-01 2010-01-01 false Inapplicability of premium pay and aggregate pay caps. 550.1409 Section 550.1409 Administrative Personnel OFFICE OF PERSONNEL MANAGEMENT CIVIL... Inapplicability of premium pay and aggregate pay caps. Accrued compensatory time off under this subpart is not...

Regional analysis of renewable transportation fuels - production and consumption

Science.gov (United States)

Liu, Xiaoshuai

The transportation sector contributes more than a quarter of total U.S. greenhouse gas emissions. Replacing fossil fuels with renewable fuels can be a key solution to mitigate GHG emissions from the transportation sector. Particularly, we have focused on land-based production of renewable fuels from landfills and brownfield in the southeastern region of the United States. These so call marginal lands require no direct land-use change to avoid environmental impact and, furthermore, have rendered opportunities for carbon trading and low-carbon intensity business. The resources potential and production capacity were derived using federal and state energy databases with the aid of GIS techniques. To maximize fuels production and land-use efficiency, a scheme of co-location renewable transportation fuels for production on landfills was conducted as a case study. Results of economic modeling analysis indicate that solar panel installed on landfill sites could generate a positive return within the project duration, but the biofuel production within the landfill facility is relatively uncertain, requiring proper sizing of the onsite processing facility, economic scale of production and available tax credits. From the consumers' perspective, a life-cycle cost analysis has been conducted to determine the economic and environmental implications of different transportation choices by consumers. Without tax credits, only the hybrid electric vehicles have lifetime total costs equivalent to a conventional vehicles differing by about 1 to 7%. With tax credits, electric and hybrid electric vehicles could be affordable and attain similar lifetime total costs as compared to conventional vehicles. The dissertation research has provided policy-makers and consumers a pathway of prioritizing investment on sustainable transportation systems with a balance of environmental benefits and economic feasibility.

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

Results of the production of wood derived fuels; Puupolttoaineiden tuotantotekniikka - tutkimusalueen katsaus

Energy Technology Data Exchange (ETDEWEB)

Korpilahti, A [Metsaeteho, Helsinki (Finland)

1997-12-31

During the year 1995 there were over 30 projects concerning the production of wood derived fuels going on. Nearly half of them focused on integrated production of pulp wood and wood fuel. About in ten projects work was carried out to promote wood fuel production from logging residues. Other topics were fire wood production, production logistics and wood fuel resources. For production of fuel chips from logging residues, a new chipper truck, MOHA-SISU, was introduced. Having ability to move on terrain, and equipped with drum chipper, hook technic for interchangeable containers and a trailer, the whole production chain can be carried out by the same machine. In Mikkeli region three years of active work promoted the usage of wood fuel in a district power plant to the level of over 110 000 cubic metres of fuel chips. The production costs tend to be a little high in average, and the production chain still needs to be improved. In the field of integrated production a great stride was taken when the first pilot plant using the MASSAHAKE-method started up. Components of the production line and knowledge to operate the process have increased resulting in good performance of the plant. And even another concept for integrated production was introduced. In order to fully control the debarking of small sized trees, a production line of chain flail equipment and debarking drum followed by a chipper and screening facilities was built up. Equipment and machines for harvesting young stands in a way that increases substantially the yield of energy component are still mostly first prototypes. The development of them into well functioning, efficient tools is the most important task in integrated production

Results of the production of wood derived fuels; Puupolttoaineiden tuotantotekniikka - tutkimusalueen katsaus

Energy Technology Data Exchange (ETDEWEB)

Korpilahti, A. [Metsaeteho, Helsinki (Finland)

1996-12-31

During the year 1995 there were over 30 projects concerning the production of wood derived fuels going on. Nearly half of them focused on integrated production of pulp wood and wood fuel. About in ten projects work was carried out to promote wood fuel production from logging residues. Other topics were fire wood production, production logistics and wood fuel resources. For production of fuel chips from logging residues, a new chipper truck, MOHA-SISU, was introduced. Having ability to move on terrain, and equipped with drum chipper, hook technic for interchangeable containers and a trailer, the whole production chain can be carried out by the same machine. In Mikkeli region three years of active work promoted the usage of wood fuel in a district power plant to the level of over 110 000 cubic metres of fuel chips. The production costs tend to be a little high in average, and the production chain still needs to be improved. In the field of integrated production a great stride was taken when the first pilot plant using the MASSAHAKE-method started up. Components of the production line and knowledge to operate the process have increased resulting in good performance of the plant. And even another concept for integrated production was introduced. In order to fully control the debarking of small sized trees, a production line of chain flail equipment and debarking drum followed by a chipper and screening facilities was built up. Equipment and machines for harvesting young stands in a way that increases substantially the yield of energy component are still mostly first prototypes. The development of them into well functioning, efficient tools is the most important task in integrated production

12 CFR 221.122 - Applicability of margin requirements to credit in connection with Insurance Premium Funding...

Science.gov (United States)

2010-01-01

... in connection with Insurance Premium Funding Programs. 221.122 Section 221.122 Banks and Banking...) Interpretations § 221.122 Applicability of margin requirements to credit in connection with Insurance Premium... with insurance premium funding programs. The inquiries are included in a set of guidelines in the...

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

Science.gov (United States)

2012-04-10

... Multifamily Housing and Health Care Facility Mortgage Insurance Premiums for Fiscal Year (FY) 2013 AGENCY...: In accordance with HUD regulations, this notice announces changes of the mortgage insurance premiums... mortgage. The mortgage insurance premiums to be in effect for FHA firm commitments issued or reissued in FY...

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

Directory of Open Access Journals (Sweden)

Václav Adamec

2016-01-01

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

Formate Formation and Formate Conversion in Biological Fuels Production

Directory of Open Access Journals (Sweden)

Bryan R. Crable

2011-01-01

Full Text Available Biomethanation is a mature technology for fuel production. Fourth generation biofuels research will focus on sequestering CO2 and providing carbon-neutral or carbon-negative strategies to cope with dwindling fossil fuel supplies and environmental impact. Formate is an important intermediate in the methanogenic breakdown of complex organic material and serves as an important precursor for biological fuels production in the form of methane, hydrogen, and potentially methanol. Formate is produced by either CoA-dependent cleavage of pyruvate or enzymatic reduction of CO2 in an NADH- or ferredoxin-dependent manner. Formate is consumed through oxidation to CO2 and H2 or can be further reduced via the Wood-Ljungdahl pathway for carbon fixation or industrially for the production of methanol. Here, we review the enzymes involved in the interconversion of formate and discuss potential applications for biofuels production.

Actinide production in different HTR-fuel cycle concepts

International Nuclear Information System (INIS)

Filges, D.; Hecker, R.; Mirza, N.; Rueckert, M.

1978-01-01

At the 'Institut fuer Reaktorentwicklung der Kernforschungsanlage Juelich' the production of α-activities in the following HTR-OTTO cycle concepts were studied: 1. standard HTR cycle (U-Th); 2. low enriched HTR cycle (U-Pu); 3. near breeder HTR cycle (U-Th); 4. combined system (conventional and near breeder HTR). The production of α-activity in HTR Uranium-Thorium fuel cycles has been investigated and compared with the standard LWR cycles. The production of α-activity in HTR Uranium-Thorium fuel cycles has been investigated and compared with the standard LWR cycles. The calculations were performed by the short depletion code KASCO and the well-known ORIGEN program

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.

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.

Electronuclear fissile fuel production. Linear accelerator fuel regenerator and producer LAFR and LAFP

International Nuclear Information System (INIS)

Steinberg, M.; Powell, J.R.; Takahashi, H.; Grand, P.; Kouts, H.J.C.

1978-04-01

A linear accelerator fuel generator is proposed to enrich naturally occurring fertile U-238 or thorium 232 with fissile Pu-239 or U-233 for use in LWR power reactors. High energy proton beams in the range of 1 to 3 GeV energy are made to impinge on a centrally located dispersed liquid lead target producing spallation neutrons which are then absorbed by a surrounding assembly of fabricated LWR fuel elements. The accelerator-target design is reviewed and a typical fuel cycle system and economic analysis is presented. One 300 MW beam (300 ma-1 GeV) linear accelerator fuel regenerator can provide fuel for 3 to 1000 MW(e) LWR power reactors over its 30-year lifetime. There is a significant saving in natural uranium requirement which is a factor of 4.5 over the present LWR fuel requirement assuming the restraint of no fissile fuel recovery by reprocessing. A modest increase (approximately 10%) in fuel cycle and power production cost is incurred over the present LWR fuel cycle cost. The linear accelerator fuel regenerator and producer assures a long-term supply of fuel for the LWR power economy even with the restraint of the non-proliferation policy of no reprocessing. It can also supply hot-denatured thorium U-233 fuel operating in a secured reprocessing fuel center

29 CFR 825.212 - Employee failure to pay health plan premium payments.

Science.gov (United States)

2010-07-01

... Family and Medical Leave Act § 825.212 Employee failure to pay health plan premium payments. (a)(1) In... obligations to maintain health insurance coverage cease under FMLA if an employee's premium payment is more... an employee's insurance in accordance with this section and fails to restore the employee's health...

Tax and the Use of Historic Returns in Estimating the Equity Risk Premium

OpenAIRE

Armitage, Seth

1998-01-01

The paper analyses the use of a historic risk premium as a proxy for the current premium allowing current tax rates to differ from historic rates. If tax rates are assumed constant, adjustments to the CAPM for an imputation system make the CAPM and cash flows to be discounted consistently with respect to tax, but do not model any effect of tax on the cost of equity. If tax rates are allowed to vary and a historic premium is used, the cost of equity is affected by the level of tax at which inv...

Calculation of benefit reserves based on true m-thly benefit premiums

Science.gov (United States)

Riaman; Susanti, Dwi; Supriatna, Agus; Nurani Ruchjana, Budi

2017-10-01

Life insurance is a form of insurance that provides risk mitigation in life or death of a human. One of its advantages is measured life insurance. Insurance companies ought to give a sum of money as reserves to the customers. The benefit reserves are an alternative calculation which involves net and cost premiums. An insured may pay a series of benefit premiums to an insurer equivalent, at the date of policy issue, to the sum of to be paid on the death of the insured, or on survival of the insured to the maturity date. A balancing item is required and this item is a liability for one of the parties and the other is an asset. The balancing item, in loan, is the outstanding principle, an asset for the lender and the liability for the borrower. In this paper we examined the benefit reserves formulas corresponding to the formulas for true m-thly benefit premiums by the prospective method. This method specifies that, the reserves at the end of the first year are zero. Several principles can be used for the determined of benefit premiums, an equivalence relation is established in our discussion.

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.)

PRODUCTION OF NEW BIOMASS/WASTE-CONTAINING SOLID FUELS

Energy Technology Data Exchange (ETDEWEB)

David J. Akers; Glenn A. Shirey; Zalman Zitron; Charles Q. Maney

2001-04-20

CQ Inc. and its team members (ALSTOM Power Inc., Bliss Industries, McFadden Machine Company, and industry advisors from coal-burning utilities, equipment manufacturers, and the pellet fuels industry) addressed the objectives of the Department of Energy and industry to produce economical, new solid fuels from coal, biomass, and waste materials that reduce emissions from coal-fired boilers. This project builds on the team's commercial experience in composite fuels for energy production. The electric utility industry is interested in the use of biomass and wastes as fuel to reduce both emissions and fuel costs. In addition to these benefits, utilities also recognize the business advantage of consuming the waste byproducts of customers both to retain customers and to improve the public image of the industry. Unfortunately, biomass and waste byproducts can be troublesome fuels because of low bulk density, high moisture content, variable composition, handling and feeding problems, and inadequate information about combustion and emissions characteristics. Current methods of co-firing biomass and wastes either use a separate fuel receiving, storage, and boiler feed system, or mass burn the biomass by simply mixing it with coal on the storage pile. For biomass or biomass-containing composite fuels to be extensively used in the U.S., especially in the steam market, a lower cost method of producing these fuels must be developed that includes both moisture reduction and pelletization or agglomeration for necessary fuel density and ease of handling. Further, this method of fuel production must be applicable to a variety of combinations of biomass, wastes, and coal; economically competitive with current fuels; and provide environmental benefits compared with coal. Notable accomplishments from the work performed in Phase I of this project include the development of three standard fuel formulations from mixtures of coal fines, biomass, and waste materials that can be used in

Engineering yeast metabolism for production of fuels and chemicals

DEFF Research Database (Denmark)

Nielsen, Jens

2016-01-01

faster development of metabolically engineered strains that can be used for production of fuels and chemicals. The yeast Saccharomyces cerevisiae is widely used for production of fuels, chemicals, pharmaceuticals and materials. Through metabolic engineering of this yeast a number of novel industrial...... as for metabolic design. In this lecture it will be demonstrated how the Design-Build-Test cycle of metabolic engineering has allowed for development of yeast cell factories for production of a range of different fuels and chemicals. Some examples of different technologies will be presented together with examples......Metabolic engineering relies on the Design-Build-Test cycle. This cycle includes technologies like mathematical modeling of metabolism, genome editing and advanced tools for phenotypic characterization. In recent years there have been advances in several of these technologies, which has enabled...

MOLTEN CARBONATE FUEL CELL PRODUCT DESIGN IMPROVEMENT

Energy Technology Data Exchange (ETDEWEB)

H.C. Maru; M. Farooque

2005-03-01

The program was designed to advance the carbonate fuel cell technology from full-size proof-of-concept field test to the commercial design. DOE has been funding Direct FuelCell{reg_sign} (DFC{reg_sign}) development at FuelCell Energy, Inc. (FCE, formerly Energy Research Corporation) from an early state of development for stationary power plant applications. The current program efforts were focused on technology and system development, and cost reduction, leading to commercial design development and prototype system field trials. FCE, in Danbury, CT, is a world-recognized leader for the development and commercialization of high efficiency fuel cells that can generate clean electricity at power stations, or at distributed locations near the customers such as hospitals, schools, universities, hotels and other commercial and industrial applications. FCE has designed three different fuel cell power plant models (DFC300A, DFC1500 and DFC3000). FCE's power plants are based on its patented DFC{reg_sign} technology, where a hydrocarbon fuel is directly fed to the fuel cell and hydrogen is generated internally. These power plants offer significant advantages compared to the existing power generation technologies--higher fuel efficiency, significantly lower emissions, quieter operation, flexible siting and permitting requirements, scalability and potentially lower operating costs. Also, the exhaust heat by-product can be used for cogeneration applications such as high-pressure steam, district heating and air conditioning. Several sub-MW power plants based on the DFC design are currently operating in Europe, Japan and the US. Several one-megawatt power plant design was verified by operation on natural gas at FCE. This plant is currently installed at a customer site in King County, WA under another US government program and is currently in operation. Because hydrogen is generated directly within the fuel cell module from readily available fuels such as natural gas and

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.

5 CFR 892.206 - Can I cancel my waiver and participate in premium conversion?

Science.gov (United States)

2010-01-01

... (CONTINUED) CIVIL SERVICE REGULATIONS (CONTINUED) FEDERAL FLEXIBLE BENEFITS PLAN: PRE-TAX PAYMENT OF HEALTH BENEFITS PREMIUMS Eligibility and Participation § 892.206 Can I cancel my waiver and participate in premium...

25 CFR 103.19 - When must the lender pay BIA the loan guaranty or insurance premium?

Science.gov (United States)

2010-04-01

... insurance premium? 103.19 Section 103.19 Indians BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIOR FINANCIAL ACTIVITIES LOAN GUARANTY, INSURANCE, AND INTEREST SUBSIDY How a Lender Obtains a Loan Guaranty or Insurance Coverage § 103.19 When must the lender pay BIA the loan guaranty or insurance premium? The premium...

Comparison of Biomarkers of Tobacco Exposure between Premium and Discount Brand Cigarette Smokers in the NHANES 2011-2012 Special Sample.

Science.gov (United States)

Wasserman, Emily J; Reilly, Samantha M; Goel, Reema; Foulds, Jonathan; Richie, John P; Muscat, Joshua E

2018-05-01

Background: Increased cigarette costs have inadvertently strengthened the appeal of discounted brands to price-sensitive smokers. Although smokers perceive discounted brands as having poorer quality, little is known about their delivery of toxic tobacco smoke constituents compared with premium-branded tobacco products. Methods: We investigated the differences between discount and premium brand smokers using the National Health and Nutrition Examination Survey 2011-2012 Special Smoker Sample. Our analyses focused on demographic differences and 27 biomarkers of harmful and potentially harmful constituents (HPHC) listed by the FDA, including volatile organic compounds, 4-(methylnitrosamino)-1-(3-pyridyl)-1-butanol and its glucuronide [4-(methylnitrosamino)-1-(3-pyridyl)-1-butanol glucuronide; reported as total NNAL (tNNAL)], metals, and polycyclic aromatic hydrocarbons (PAHs). Data were analyzed using linear regression models adjusting for potential confounders. Results: A total of 976 non-tobacco users and 578 recent cigarette smokers were eligible for analysis, of which 141 (26.0% weighted) smoked discount brand cigarettes and 437 (74.0% weighted) smoked premium. Discount brand smokers were older, predominantly non-Hispanic white, and had higher serum cotinine. Discount brand smokers had significantly higher levels of 13 smoking-related biomarkers, including tNNAL, uranium, styrene, xylene, and biomarkers of exposure to PAHs (naphthalene, fluorene, and phenanthrene), compared with premium brand smokers. Conclusions: These findings suggest that discount cigarette use is associated with higher exposure to several carcinogenic and toxic HPHCs. Impact: These results may have important regulatory implications for product standards, as higher exposures could lead to a greater degree of harm. Cancer Epidemiol Biomarkers Prev; 27(5); 601-9. ©2018 AACR . ©2018 American Association for Cancer Research.

A diagnosis of eosinophilic esophagitis is associated with increased life insurance premiums.

Science.gov (United States)

Leiman, D A; Kochar, B; Posner, S; Fan, C; Patel, A; Shaheen, O; Keller, C Y; Koutlas, N T; Eluri, S; Dellon, E S

2018-05-24

Eosinophilic esophagitis (EoE) is a chronic disease that can be diagnosed at any age, but is not associated with malignancy and does not shorten lifespan. It remains unknown whether an EoE diagnosis affects insurability or insurance premium costs. We therefore aimed to determine whether a diagnosis of EoE affects the costs of life insurance. Our investigation was a secret shopper audit study whereby we contacted national insurance companies in the United States to evaluate the effect of a diagnosis of EoE on life insurance premiums. We constructed standardized case scenarios for males and females, including a 25-year-old and a 48-year-old without other comorbid conditions, who either had or did not have a diagnosis of EoE. Companies were asked for their best estimate for a $100,000 whole life insurance policy. Comparisons between median premiums were made using the Mann-Whitney U test. There were 20 national life insurance companies contacted and a total of 73 quotes were obtained. The median premium rate was similar for EoE and non-EoE cases at the younger age ($828 [IQR $576-1,020] vs. $756 [IQR $504-$804]; P = 0.10). However, the premium for the older case without EoE was 19% less expensive compared to a case with EoE ($1990 [IQR $1,248-2,350] vs. $2,375 [IQR $2,100-2568; P = 0.02]. This finding was not explained by sex or state of residence. Based on these findings, we conclude that life insurance premiums are significantly more expensive in the older patient case with EoE when compared to the same case without EoE. Patients with EoE and their providers should be aware of the additional cost associated with this diagnosis.

Logistics of nuclear fuel production for nuclear submarines

International Nuclear Information System (INIS)

Guimaraes, Leonam dos Santos

2000-01-01

The future acquisition of nuclear attack submarines by Brazilian Navy along next century will imply new requirements on Naval Logistic Support System. These needs will impact all the six logistic functions. Among them, fuel supply could be considered as the one which requires the most important capacitating effort, including not only technological development of processes but also the development of a national industrial basis for effective production of nuclear fuel. This paper presents the technical aspects of the processes involved and an annual production dimensioning for an squadron composed by four units. (author)

Design and test of a 5 kWe high-temperature polymer electrolyte fuel cell system operated with diesel and kerosene

International Nuclear Information System (INIS)

Samsun, Remzi Can; Pasel, Joachim; Janßen, Holger; Lehnert, Werner; Peters, Ralf; Stolten, Detlef

2014-01-01

Highlights: • A fuel cell system for application as auxiliary power unit was developed. • Key components were a high-temperature PEFC stack and an autothermal reformer. • The system was tested with GTL kerosene, BTL diesel and premium diesel fuel. • The target electrical power of 5 kW was achieved with all fuels used. • Self-sustaining system operation was demonstrated with the integrated system design. - Abstract: A high-temperature PEFC system, developed with the aim of delivering 5 kW electrical power from the chemical energy stored in diesel and kerosene fuels for application as an auxiliary power unit, was simulated and tested. The key components of the system were an autothermal reformer, a water–gas shift reactor, a catalytic burner, and the HT-PEFC stack. The targeted power level of 5 kW was achieved using different fuels, namely GTL kerosene, BTL diesel and premium diesel. Using an integrated system approach, operation without external heat input was demonstrated. The overall analysis showed slight but non-continuous performance loss for 250 h operation time

Premium inflation in the Irish private health insurance market: drivers and consequences.

Science.gov (United States)

Turner, B

2013-12-01

Nearly half of the Irish population is covered by private health insurance. In recent years, premium inflation has been significantly ahead of overall inflation and has been accelerating. This has contributing to a drop in the numbers insured since the peak in 2008. The fall in the numbers with private health insurance also has implications for the public health system. Factors behind this premium inflation include rising charges for beds in public hospitals, increasing volume of treatments and increasing quality of service and cover. While some progress has been made by insurers on reducing fees paid to consultants and private hospitals, unless the quantity or quality of care are addressed then premium inflation is unlikely to abate.

Demand of Insurance under the Cost-of-Capital Premium Calculation Principle

Directory of Open Access Journals (Sweden)

Michael Merz

2014-06-01

Full Text Available We study the optimal insurance design problem. This is a risk sharing problem between an insured and an insurer. The main novelty in this paper is that we study this optimization problem under a risk-adjusted premium calculation principle for the insurance cover. This risk-adjusted premium calculation principle uses the cost-of-capital approach as it is suggested (and used by the regulator and the insurance industry.

24 CFR 213.259a - Premiums-mortgages insured pursuant to section 238(c) of the Act.

Science.gov (United States)

2010-04-01

.... All of the provisions of §§ 213.253 through 213.259 governing mortgage insurance premiums shall apply... mortgage insurance premiums due on such mortgages in accordance with §§ 213.253 through 213.259 shall be... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Premiums-mortgages insured pursuant...

Nuclear fuel particle and method of production

International Nuclear Information System (INIS)

Wagner-Loffler, M.

1975-01-01

The core consisting of fuel oxide (UO 2 or Th or Pu oxide) of a fuel particle coated with carbon-contained material is enriched with a small addition (max 6 wt.%) of a Ba or Sr compound (atomic ratio for nuclear fuel oxide Ba being 5 - 10 : 1) which is to prevent fission products breaking the protective carbon and/or silicon carbide coating; the Ba or Sr molybdate generated is to reduce the pressure of the carbon dioxide produced. Methods to manufacture such nuclear fuel particles are proposed where 1) an agglomerisation and shaping of the spheres in a fast cycling bowle and 2) a formation of drops from a colloidal solution which are made to congeal in a liquid paraffin column, take place followed by the pyrolytic coating of the particles. (UWI/LH) [de

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. Project HOPE—The People-to-People Health Foundation, Inc.

Lignin depolymerization and upgrading via fast pyrolysis and electrocatalysis for the production of liquid fuels and value-added products

Science.gov (United States)

Garedew, Mahlet

The production of liquid hydrocarbon fuels from biomass is needed to replace fossil fuels, which are decreasing in supply at an unsustainable rate. Renewable fuels also address the rising levels of greenhouse gases, an issue for which the Intergovernmental Panel on Climate Change implicated humanity in 2013. In response, the Energy Independence and Security Act (EISA) mandates the production of 21 billion gallons of advanced biofuels by 2022. Biomass fast pyrolysis (BFP) uses heat (400-600 °C) without oxygen to convert biomass to liquids fuel precursors offering an alternative to fossil fuels and a means to meet the EISA mandate. The major product, bio-oil, can be further upgraded to liquid hydrocarbon fuels, while biochar can serve as a solid fuel or soil amendment. The combustible gas co-product is typically burned for process heat. Though the most valuable of the pyrolysis products, the liquid bio-oil is highly oxygenated, corrosive, low in energy content and unstable during storage. As a means of improving bio-oil properties, electrocatalytic hydrogenation (ECH) is employed to reduce and deoxygenate reactive compounds. This work specifically focuses on lignin as a feed material for BFP. As lignin comprises up to 30% of the mass and 40% of the energy stored in biomass, it offers great potential for the production of liquid fuels and value-added products by utilizing fast pyrolysis as a conversion method coupled with electrocatalysis as an upgrading method.

Economic consequences of QA and QC in fuel and fuel assembly production

International Nuclear Information System (INIS)

Strasser, A.A.

1984-01-01

The planning of quality control and quality assurance programs for fuel fabrication must balance the cost of the programs, their effectiveness, and the economic consequences of failure to meet the product specifications. The cost of fuel failures can be very high in comparison to the cost of quality control, and this provides considerable economic justification for increasing the level of quality control if its effectiveness in reducing failure potential can be demonstrated. Typical costs and examples are discussed. (orig.)

Technical and economic modelling of processes for liquid fuel production in Europe

International Nuclear Information System (INIS)

Bridgwater, A.V.; Double, J.M.

1991-01-01

The project which is described had the objective of examining the full range of technologies for liquid fuel production from renewable feedstocks in a technical and economic evaluation in order to identify the most promising technologies. The technologies considered are indirect thermochemical liquefaction (i.e. via gasification) to produce methanol, fuel alcohol or hydrocarbon fuels, direct thermochemical liquefaction or pyrolysis to produce hydrocarbon fuels and fermentation to produce ethanol. Feedstocks considered were wood, refuse derived fuel, straw, wheat and sugar beet. In order to carry out the evaluation, a computer model was developed, based on a unit process approach. Each unit operation is modelled as a process step, the model calculating the mass balance, energy balance and operating cost of the unit process. The results from the process step models are then combined to generate the mass balance, energy balance, capital cost and operating cost for the total process. The results show that the lowest production cost (L7/GJ) is obtained for methanol generated from a straw feedstock, but there is a moderate level of technical uncertainty associated with this result. The lowest production cost for hydrocarbon fuel (L8.6/GJ) is given by the pyrolysis process using a wood feedstock. This process has a high level of uncertainty. Fermentation processes showed the highest production costs, ranging from L14.4/GJ for a simple wood feedstock process to L25.2/GJ for a process based on sugar beet. The important conclusions are as follows: - In every case, the product cost is above current liquid fuel prices; - In most cases the feedstock cost dominates the production cost; -The most attractive products are thermochemically produced alcohol fuels

Technical and economic modelling of processes for liquid fuel production in Europe

Energy Technology Data Exchange (ETDEWEB)

Bridgwater, A V; Double, J M [Aston Univ. Birmingham (GB). Dept of Chemical Engineering

1992-12-31

The project which is described had the objective of examining the full range of technologies for liquid fuel production from renewable feedstocks in a technical and economic evaluation in order to identify the most promising technologies. The technologies considered are indirect thermochemical liquefaction (i.e. via gasification) to produce methanol, fuel alcohol or hydrocarbon fuels, direct thermochemical liquefaction or pyrolysis to produce hydrocarbon fuels and fermentation to produce ethanol. Feedstocks considered were wood, refuse derived fuel, straw, wheat and sugar beet. In order to carry out the evaluation, a computer model was developed, based on a unit process approach. Each unit operation is modelled as a process step, the model calculating the mass balance, energy balance and operating cost of the unit process. The results from the process step models are then combined to generate the mass balance, energy balance, capital cost and operating cost for the total process. The results show that the lowest production cost (L7/GJ) is obtained for methanol generated from a straw feedstock, but there is a moderate level of technical uncertainty associated with this result. The lowest production cost for hydrocarbon fuel (L8.6/GJ) is given by the pyrolysis process using a wood feedstock. This process has a high level of uncertainty. Fermentation processes showed the highest production costs, ranging from L14.4/GJ for a simple wood feedstock process to L25.2/GJ for a process based on sugar beet. The important conclusions are as follows: - In every case, the product cost is above current liquid fuel prices; - In most cases the feedstock cost dominates the production cost; -The most attractive products are thermochemically produced alcohol fuels.

Thermophysical properties of the products of low-grade fuels thermal recycling

Directory of Open Access Journals (Sweden)

Tabakaev Roman B.

2015-01-01

Full Text Available The relevance of the work is caused by reorientation of the modern power engineering to use of local low grade fuel resources. Some types of low grade fuels (peat, brown coal, sapropel, wood chips are considered in this work. Thermotechnical characteristics of the investigated fuels and products of their thermal recycling are determined. Thermal recycling process is accompanied by release of fuel dissociation heat (0.33-3.69 MJ/kg. The results of thermal low grade fuel recycling are solid carbonaceous product (semi-coke with a calorific value higher in 1.5-7 times than the value of natural fuels; pyrolysis resin with calorific value 29.4-36.8 MJ/kg; combustible gas with calorific value 15.16-19.06 MJ/m3.

24 CFR 207.252c - Premiums-mortgages insured pursuant to section 238(c) of the Act.

Science.gov (United States)

2010-04-01

.... All of the provisions of §§ 207.252 and 207.252a governing mortgage insurance premiums shall apply to... insurance premiums due on such mortgages in accordance with §§ 207.252 and 207.252a shall be calculated on... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Premiums-mortgages insured pursuant...

Did the Affordable Care Act's Dependent Coverage Mandate Increase Premiums?

OpenAIRE

Briggs Depew; James Bailey

2014-01-01

We investigate the impact of the Affordable Care Act's dependent coverage mandate on insurance premiums. The expansion of dependent coverage under the ACA allows young adults to remain on their parent's private health insurance plans until the age of 26. We find that the mandate has led to a 2.5-2.8 percent increase in premiums for health insurance plans that cover children, relative to single-coverage plans. We find no evidence that the mandate caused an increase in the amount of the employe...

Fuel performance and fission product behaviour in gas cooled reactors

International Nuclear Information System (INIS)

1997-11-01

The Co-ordinated Research Programme (CRP) on Validation of Predictive Methods for Fuel and Fission Product Behaviour was organized within the frame of the International Working Group on Gas Cooled Reactors. This International Working Group serves as a forum for exchange of information on national programmes, provides advice to the IAEA on international co-operative activities in advanced technologies of gas cooled reactors (GCRs), and supports the conduct of these activities. The objectives of this CRP were to review and document the status of the experimental data base and of the predictive methods for GCR fuel performance and fission product behaviour; and to verify and validate methodologies for the prediction of fuel performance and fission product transport

75 FR 5236 - New Postal Product

Science.gov (United States)

2010-02-02

... Description] Premium Stamped Stationery [Reserved for Product Description] Premium Stamped Cards [Reserved for... determine whether such an agreement (1) Improves the net financial position of the Postal Service or... Descriptions First-Class Mail [Reserved for Class Description] Single-Piece Letters/Postcards [Reserved for...

Fission product release from HTGR coated microparticles and fuel elements

International Nuclear Information System (INIS)

Gusev, A.A.; Deryugin, A.I.; Lyutikov, R.A.; Chernikov, A.S.

1991-01-01

The article presents the results of the investigation of fission products release from microparticles with UO 2 core and five-layer HII PyC- and SiC base protection layers of TRICO type as well as from spherical fuel elements based thereon. It is shown that relative release of short-lived xenon and crypton from microparticles does not exceed (2-3) 10 -7 . The release of gaseous fission products from fuel elements containing no damaged coated microparticles, is primarily determined by the contamination of matrix graphite with fuel. An analytical dependence is derived, the dependence described the relation between structural parameters of coated microparticles, irradiation conditions and fuel burnup at which depressurization of coated microparticles starts

Are Integrated Plan Providers Associated With Lower Premiums on the Health Insurance Marketplaces?

Science.gov (United States)

La Forgia, Ambar; Maeda, Jared Lane K; Banthin, Jessica S

2018-04-01

As the health insurance industry becomes more consolidated, hospitals and health systems have started to enter the insurance business. Insurers are also rapidly acquiring providers. Although these "vertically" integrated plan providers are small players in the insurance market, they are becoming more numerous. The health insurance marketplaces (HIMs) offer a unique setting to study integrated plan providers relative to other insurer types because the HIMs were designed to promote competition. In this descriptive study, the authors compared the premiums of the lowest priced silver plans of integrated plan providers with other insurer types on the 2015 and 2016 HIMs. Integrated plan providers were associated with modestly lower premiums relative to most other insurer types. This study provides early insights into premium competition on the HIMs. Examining integrated plan providers as a separate insurer type has important policy implications because they are a growing segment of the marketplaces and their pricing behavior may influence future premium trends.

Behavior of solid fission products in irradiated fuel

International Nuclear Information System (INIS)

Song, Ung Sup; Jung, Yang Hong; Kim, Hee Moon; Yoo, Byun Gok; Kim, Do Sik; Choo, Yong Sun; Hong, Kwon Pyo

2004-01-01

Many fission products are generated by fission events in UO 2 fuel under irradiation in nuclear reactor. Concentration of each fission product is changed by conditions of neutron energy spectrum, fissile material, critical thermal power, irradiation period and cooling time. Volatile materials such as Cs and I, the fission products, degrade nuclear fuel rod by the decrease of thermal conductivity in pellet and the stress corrosion cracking in cladding. Metal fission products (white inclusion) make pellet be swelled and decrease volume of pellet by densification. It seems that metal fission products are filled in the pore in pellet and placed between UO 2 lattices as interstitial. In addition, metal oxide state may change structural lattice volume. Considering behavior of fission products mentioned above, concentration of them is important. Fission products could be classified as bellows; solid solution in matrix : Sr, Zr, Nb, Y, La, Ce, Pr, Nd, Pm, Sm - metal precipitates : Mo, Tc, Ru, Rh, Pd, Ag, Cd, In, Sb, Te - oxide precipitates : Ba, Zr, Nb, Mo, (Rb, Cs, Te) - volatile and gases : Kr, Xe, Br, I, (Rb, Cs, Te)

Research on in-pile release of fission products from coated particle fuels

International Nuclear Information System (INIS)

Fukuda, K.; Iwamoto, K.

1985-01-01

Coated particle fuels fabricated in accordance with VHTR (Very High Temperature gas-cooled Reactor) fuel design have been irradiated by both capsules and an in-pile gas loop (OGL-1), and data on the fission products release under irradiation were obtained for loose coated particles, fuel compacts and fuel rods in the temperature range between 800 deg. C and 1600 deg. C. For the fission gases, temperature- and time dependences of the fractional release(R/B) were measured. Relation between release and failure fraction of the coated particles was elucidated on the VHTR reference fuels. Also measured was tritium concentration in the helium coolant of OGL-1. In-pile release behavior of the metallic fission products was studied by measuring the activities of the fission products adsorbed in the graphite sleeves of the OGL-1 fuel rods and the graphite fuel container of the sweep gas capsules in the PIE. Investigation on palladium interaction with SiC coating layer was included. (author)

An Auto Telematics System For Insurance Premium Rating amp Pricing.

Directory of Open Access Journals (Sweden)

Irode Philip Luvuga

2017-12-01

Full Text Available Insurance telematics is a new technology that has been poised to transform and change the way we buy and underwrite insurance by 2030. Insurance Premium Rate is a major variable that determines if a client will buy or take up a policy cover or not. With the current stiff competition being felt in the Industry the local insurance industry continues to suffer big losses due to unhealthy business practice of competitor undercutting among the insurers to attract more clients but exposing the underwriting companies to potential high risks. This in most cases means that the product is totally underpriced to the extent that it would be uneconomical and unsustainable in the long run for the insurance firms. This research outlines a technology defined model that should be used to determine the ideal premium rate payable in the Motor Insurance industry taking into account all the variables and the risk exposure of the policy holder. The system model is able to determine the insurable risk based on the drivers attributes and profile location of the vehicle in relation to risk geo-locations map monitoring the driving parameters of the vehicle by the driver and the driving style. This enable the insurance company determines costs associated with the risk cover based on factual facts which are scientifically determined by the real risks.

Production of leu high density fuels at Babcock and Wilcox

International Nuclear Information System (INIS)

Freim, J.B.

1983-01-01

A large number of fuel elements of all types are produced for both international and domestic customers by Nuclear Fuel Division of Babcock and Wilcox. A brief history of the division, included previous and present research reactor fuel element fabrication experience is discussed. The manufacturing facilities are briefly described. The fabrication of LEU fuels and economic analysis of the production are included. (A.J.)

Bioenergy Research Programme, Yearbook 1995. Production of wood fuels; Bioenergian tutkimusohjelma, vuosikirja 1995. Puupolttoaineen tuotantotekniikka

Energy Technology Data Exchange (ETDEWEB)

Alakangas, E [ed.

1997-12-31

Bioenergy Research Programme is one of the energy technology research programmes of the Technology Development Center TEKES. The aim of the Bioenergy Research Programme is to increase, by using technical research and development, the economically profitable and environmentally sound utilisation of bioenergy, to improve the competitiveness of present peat and wood fuels, and to develop new competitive fuels and equipment related to bioenergy. The funding for 1995 was nearly 52 million FIM and the number of projects 66. The main goal of the wood fuels research area is to develop new production methods in order to decrease the production costs to the level of imported fuels. The total potential of the wood fuel use should be at least 1.0 million toe/a (5.5 million m{sup 3}). During the year 1995 There were over 30 projects concerning the production of wood derived fuels going on. Nearly half of them focused on integrated production of pulp wood and wood fuel. About ten projects was carried out to promote the wood fuel production from logging residues. Other topics were firewood production, production logistics and wood fuel resources. For production of fuel chips from logging residues, a new chipper truck, MOHA-SISU, was introduced. The new machine gives a new logistic solution resulting in high productivity and reasonable operating costs. In Mikkeli region three years of active work promoted the usage of wood fuel in a district power plant to the level of over 110 000 m{sup 3} of fuel chips. The production costs tend to be a little high in average, and the production chain still needs to be improved

Bioenergy Research Programme, Yearbook 1995. Production of wood fuels; Bioenergian tutkimusohjelma, vuosikirja 1995. Puupolttoaineen tuotantotekniikka

Energy Technology Data Exchange (ETDEWEB)

Alakangas, E. [ed.

1996-12-31

Bioenergy Research Programme is one of the energy technology research programmes of the Technology Development Center TEKES. The aim of the Bioenergy Research Programme is to increase, by using technical research and development, the economically profitable and environmentally sound utilisation of bioenergy, to improve the competitiveness of present peat and wood fuels, and to develop new competitive fuels and equipment related to bioenergy. The funding for 1995 was nearly 52 million FIM and the number of projects 66. The main goal of the wood fuels research area is to develop new production methods in order to decrease the production costs to the level of imported fuels. The total potential of the wood fuel use should be at least 1.0 million toe/a (5.5 million m{sup 3}). During the year 1995 There were over 30 projects concerning the production of wood derived fuels going on. Nearly half of them focused on integrated production of pulp wood and wood fuel. About ten projects was carried out to promote the wood fuel production from logging residues. Other topics were firewood production, production logistics and wood fuel resources. For production of fuel chips from logging residues, a new chipper truck, MOHA-SISU, was introduced. The new machine gives a new logistic solution resulting in high productivity and reasonable operating costs. In Mikkeli region three years of active work promoted the usage of wood fuel in a district power plant to the level of over 110 000 m{sup 3} of fuel chips. The production costs tend to be a little high in average, and the production chain still needs to be improved

Brief report: Quantifying the impact of autism coverage on private insurance premiums.

Science.gov (United States)

Bouder, James N; Spielman, Stuart; Mandell, David S

2009-06-01

Many states are considering legislation requiring private insurance companies to pay for autism-related services. Arguments against mandates include that they will result in higher premiums. Using Pennsylvania legislation as an example, which proposed covering services up to $36,000 per year for individuals less than 21 years of age, this paper estimates potential premium increases. The estimate relies on autism treated prevalence, the number of individuals insured by affected plans, mean annual autism expenditures, administrative costs, medical loss ratio, and total insurer revenue. Current treated prevalence and expenditures suggests that premium increases would approximate 1%, with a lower bound of 0.19% and an upper bound of 2.31%. Policy makers can use these results to assess the cost-effectiveness of similar legislation.

The Early Exercise Premium Representation for American Options on Multiply Assets

International Nuclear Information System (INIS)

Klimsiak, Tomasz; Rozkosz, Andrzej

2016-01-01

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

Compact hydrogen production systems for solid polymer fuel cells

Science.gov (United States)

Ledjeff-Hey, K.; Formanski, V.; Kalk, Th.; Roes, J.

Generally there are several ways to produce hydrogen gas from carbonaceous fuels like natural gas, oil or alcohols. Most of these processes are designed for large-scale industrial production and are not suitable for a compact hydrogen production system (CHYPS) in the power range of 1 kW. In order to supply solid polymer fuel cells (SPFC) with hydrogen, a compact fuel processor is required for mobile applications. The produced hydrogen-rich gas has to have a low level of harmful impurities; in particular the carbon monoxide content has to be lower than 20 ppmv. Integrating the reaction step, the gas purification and the heat supply leads to small-scale hydrogen production systems. The steam reforming of methanol is feasible at copper catalysts in a low temperature range of 200-350°C. The combination of a small-scale methanol reformer and a metal membrane as purification step forms a compact system producing high-purity hydrogen. The generation of a SPFC hydrogen fuel gas can also be performed by thermal or catalytic cracking of liquid hydrocarbons such as propane. At a temperature of 900°C the decomposition of propane into carbon and hydrogen takes place. A fuel processor based on this simple concept produces a gas stream with a hydrogen content of more than 90 vol.% and without CO and CO2.

The Pricing of Tail Risk and the Equity Premium: Evidence from International Option Markets

DEFF Research Database (Denmark)

Andersen, Torben Gustav; Fusari, Nicola; Todorov, Viktor

We explore the pricing of tail risk as manifest in index options across international equity markets. The risk premium associated with negative tail events displays persistent shifts, unrelated to volatility. This tail risk premium is a potent predictor of future equity returns, while option......-implied volatility only forecasts the future return variation. Hence, compensation for negative jump risk is the primary driver of the equity premium across all indices, whereas the reward for pure diffusive variance risk is largely unrelated to future equity returns. We also document pronounced commonalities...

Fuel powder production from ductile uranium alloys

International Nuclear Information System (INIS)

Clark, C.R.; Meyer, M.K.

1998-01-01

Metallic uranium alloys are candidate materials for use as the fuel phase in very-high-density LEU dispersion fuels. These ductile alloys cannot be converted to powder form by the processes routinely used for oxides or intermetallics. Three methods of powder production from uranium alloys have been investigated within the US-RERTR program. These processes are grinding, cryogenic milling, and hydride-dehydride. In addition, a gas atomization process was investigated using gold as a surrogate for uranium. (author)

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.

Fuel performance and fission product behaviour in gas cooled reactors

Energy Technology Data Exchange (ETDEWEB)

NONE

1997-11-01

The Co-ordinated Research Programme (CRP) on Validation of Predictive Methods for Fuel and Fission Product Behaviour was organized within the frame of the International Working Group on Gas Cooled Reactors. This International Working Group serves as a forum for exchange of information on national programmes, provides advice to the IAEA on international co-operative activities in advanced technologies of gas cooled reactors (GCRs), and supports the conduct of these activities. The objectives of this CRP were to review and document the status of the experimental data base and of the predictive methods for GCR fuel performance and fission product behaviour; and to verify and validate methodologies for the prediction of fuel performance and fission product transport. Refs, figs, tabs.

Fission product release as a function of chemistry and fuel morphology

International Nuclear Information System (INIS)

Hobbins, R.R.; Osetek, D.J.; Petti, D.A.; Hagrman, D.L.

1989-01-01

Analysis of the consequences of severe reactor accidents requires knowledge of the location and chemical form of fission products throughout the accident sequence. Two factors that strongly influence the location and chemical form of fission products are the chemistry within the core and the morphology of the fuel or fuel-bearing debris. This paper reviews the current understanding of the these factors garnered from integral and separate effect experiments and the TMI-2 accident, and provides perspective on the significance of contributing phenomena for the analysis of severe accidents, particularly during the in-vessel phase. Information has been obtained recently on phenomena affecting the release of fission products from fuel and the reactor vessel during the in-vessel melt progression phase of a severe accident. The influence of a number of these phenomena will be reviewed, including fuel chemistry, H 2 /H 2 O ratio, fuel liquefaction, molten pools, and debris beds. 13 refs., 1 fig., 1 tab

Failure to pay for social health insurance premiums: Acts of protest or desperation?

Science.gov (United States)

von Wyl, Viktor; Beck, Konstantin

2015-01-01

In Switzerland, basic health insurance is mandatory for all inhabitants, but a rising number of insured have arrears in premium payments, potentially leading to coverage suspension. We aimed at characterizing insured with debt enforcement proceedings with respect to socio-demographic and health utilization aspects. Cross-sectional analysis of 508.000 insured with basic health insurance contracts in 2013, of whom 14,000 (2.8%) with debt enforcement proceedings, from 11 Swiss cantons. Groups were characterized using logistic regression and latent class analysis. Insured with debt enforcement proceedings were more likely to be young, male and without dependents (partner, kids). Having no supplementary insurance and receiving partial premium subsidies was associated with an increased debt enforcement proceedings risk. Within the debt enforcement proceedings group, three subgroups were identified: 60% were young and seemingly healthy, with a below-average fraction of premium subsidy recipients (18%) and low out-of-pocket payments in prior year (median Swiss Francs 0). Two groups consisted of relatively ill elderly persons (22%, 99% of whom with chronic illnesses) or families (18%), many of whom (29% and 51%) were recipients of premium subsidies. Median out-of-pocket payments in the prior year were high (Swiss Francs 625 and 688, respectively). Sixty percent of premium arrears derive from young insured without apparent financial problems; 40% are owed by elderly and families, which are potentially hurt by coverage loss.

Quality control in the fuel elements production process

International Nuclear Information System (INIS)

Katanic-Popovic, J.; Spasic, Z.; Djuricis, Lj.

1977-01-01

Recently great attention has been paid at the international level to the analysis of production processes and quality control of fuel and fuel elements with the aim to speed up activity of proposing and accepting standards and measurement methods. IAEA also devoted great interest to these problems appealing to more active participation of all users and producers fuel elements in a general effort to secure successful work of nuclear plants. For adequate and timely participation in future in the establishment and analysis of general requirements and documentation for the control of purchased or self produced fuel elements in out country it is necessary to be well informed and to follow this activity at the international level. (author)

Product Assortment in a Triopoly

OpenAIRE

Steven M. Shugan

1989-01-01

Producers of super-premium ice cream, such as Häagen-Dazs, offer a smaller assortment of flavors than the producers of lesser quality ice cream. Examples of this phenomenon can be found in other industries as well. In many industries, the producers of higher-quality products offer a smaller assortment of flavors, colors, sizes, patterns, textures, fragrances, tones, styles, models, designs, types or other options. This paper explores when and why producers of super-premium products should fin...

Are starting wages reduced by an insurance premium for preventing wage decline? Testing the prediction of Harris and Holmstrom

NARCIS (Netherlands)

Hartog, J.; Raposo, P.

2017-01-01

In the model of Harris and Holmstrom (1982) labour market entrants pay an insurance premium to prevent wage decline. As employers are unable to assess the ability of an entrant, they would offer a wage equal to expected productivity of the worker's category and adjust it with unfolding information

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...

Fission-product retention in HTGR fuels

International Nuclear Information System (INIS)

Homan, F.J.; Kania, M.J.; Tiegs, T.N.

1982-01-01

Retention data for gaseous and metallic fission products are presented for both Triso-coated and Biso-coated HTGR fuel particles. Performance trends are established that relate fission product retention to operating parameters, such as temperature, burnup, and neutron exposure. It is concluded that Biso-coated particles are not adequately retentive of fission gas or metallic cesium, and Triso-coated particles which retain cesium still lose silver. Design implications related to these performance trends are identified and discussed

Highlights from the IAEA coordinated research programme on fuel performance and fission product data

International Nuclear Information System (INIS)

Nabielek, H.; Schenk, W.; Verfondern, K.

1996-01-01

Seven countries are cooperating with the objectives (i) to document the status of the experimental data base and of the predictive methods for Gas-Cooled Reactor fuel performance and fission product behaviour; (ii) to verify and validate methods in fuel performance and fission product retention prediction. These countries are China, France, Germany, Japan, Russia, USA and the UK. Duration of the programme is 1993-96. The technology areas addressed in this IAEA Coordinated Research Programme are: Fuel design and manufacture, Normal operation fuel performance and fission product behaviour, Accident condition fuel performance and fission product behaviour, -core heatup, -fast transients, -oxidising conditions (water and air ingress), Plateout, re-entrainment of plateout, fission product behaviour in the reactor building, and Performance of advanced fuels. Work performed so far has generated a 300-page draft document with important information for normal operations (Germany, Japan, China, Russia) and accident conditions (USA, Japan, Germany, Russia) and, additionally, a special chapter on advanced fuels (Japan). (author)

Hydrogen production with fully integrated fuel cycle gas and vapour core reactors

International Nuclear Information System (INIS)

Anghaie, S.; Smith, B.

2004-01-01

This paper presents results of a conceptual design study involving gas and vapour core reactors (G/VCR) with a combined scheme to generate hydrogen and power. The hydrogen production schemes include high temperature electrolysis as well as two dominant thermochemical hydrogen production processes. Thermochemical hydrogen production processes considered in this study included the calcium-bromine process and the sulphur-iodine processes. G/VCR systems are externally reflected and moderated nuclear energy systems fuelled by stable uranium compounds in gaseous or vapour phase that are usually operated at temperatures above 1500 K. A gas core reactor with a condensable fuel such as uranium tetrafluoride (UF 4 ) or a mixture of UF 4 and other metallic fluorides (BeF 2 , LiF, KF, etc.) is commonly known as a vapour core reactor (VCR). The single most relevant and unique feature of gas/vapour core reactors is that the functions of fuel and coolant are combined into one. The reactor outlet temperature is not constrained by solid fuel-cladding temperature limits. The maximum fuel/working fluid temperature in G/VCR is only constrained by the reactor vessel material limits, which is far less restrictive than the fuel clad. Therefore, G/VCRs can potentially provide the highest reactor and cycle temperature among all existing or proposed fission reactor designs. Gas and vapour fuel reactors feature very low fuel inventory and fully integrated fuel cycle that provide for exceptional sustainability and safety characteristics. With respect to fuel utilisation, there is no fuel burn-up limit for gas core reactors due to continuous recycling of the fuel. Owing to the flexibility in nuclear design characteristics of cavity reactors, a wide range of conversion ratio from completely burner to breeder is achievable. The continuous recycling of fuel in G/VCR systems allow for complete burning of actinides without removing and reprocessing of the fuel. The only waste products at the back

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

Health Insurance Marketplaces: Early Findings on Changes in Plan Availability and Premiums in Rural Places, 2014-2015.

Science.gov (United States)

Barker, Abigail; McBride, Timothy D; Kemper, Leah M; Mueller, Keith

2015-05-01

The Patient Protection and Affordable Care Act established Health Insurance Marketplaces (HIMs) in all 50 states and the District of Columbia. This policy brief assesses the changes in HIMs from 2014 to 2015 in terms of choices offered and premiums charged, with emphasis on how these measures vary across rural and urban places. Key Findings. (1) In 74 percent of HIM rating areas, the number of firms operating increased by at least one, while the number of firms decreased in only about 6 percent of rating areas. Further, 64 percent of rating areas with fewer than 50 persons per square mile gained at least one firm. (2) There was no consistent pattern of premium increases with respect to rating area population density (used as a proxy here for the degree of "ruralness" of the rating areas). Nationally, rural areas are not experiencing higher premium increases than their urban counterparts. In fact, the lowest increases in second-lowest cost silver plan premiums occurred in the medium-density population rating areas of 51 to 300 persons per square mile. (3) Average adjusted premiums increased from 2014 to 2015 by 6.7 percent in Federally-Facilitated Marketplaces (FFMs) compared to just 1.4 percent in State-Based Marketplaces (SBMs). Regardless of SBM or FFM status, premium increases across the United States were negatively correlated with the number of firms entering the market. (4) Analysis of the most rural states, in terms of percentage of the population classified as nonmetropolitan, shows that, in general, premiums fell significantly in rural places where they had been rather high, and they increased in rural places where they had been rather low. The five rural states with the lowest premium increases had an average of 0.17 firms entering the market, while the five with the highest premium increases had an average of 0.50 firms exiting the market.

Pyro-electrochemical reprocessing of irradiated MOX fast reactor fuel, testing of the reprocessing process with direct MOX fuel production

Energy Technology Data Exchange (ETDEWEB)

Kormilitzyn, M.V.; Vavilov, S.K.; Bychkov, A.V.; Skiba, O.V.; Chistyakov, V.M.; Tselichshev, I.V

2000-07-01

One of the advanced technologies for fast reactor fuel recycle is pyro-electrochemical molten salt technology. In 1998 we began to study the next phase of the irradiated oxide fuel reprocessing new process MOX {yields} MOX. This process involves the following steps: - Dissolution of irradiated fuel in molten alkaline metal chlorides, - Purification of melt from fission products that are co-deposited with uranium and plutonium oxides, - Electrochemical co-deposition of uranium and plutonium oxides under the controlled cathode potential, - Production of granulated MOX (crushing,salt separation and sizing), and - Purification of melt from fission products by phosphate precipitation. In 1998 a series of experiments were prepared and carried out in order to validate this process. It was shown that the proposed reprocessing flowsheet of irradiated MOX fuel verified the feasibility of its decontamination from most of its fission products (rare earths, cesium) and minor-actinides (americium, curium)

Pyro-electrochemical reprocessing of irradiated MOX fast reactor fuel, testing of the reprocessing process with direct MOX fuel production

International Nuclear Information System (INIS)

Kormilitzyn, M.V.; Vavilov, S.K.; Bychkov, A.V.; Skiba, O.V.; Chistyakov, V.M.; Tselichshev, I.V.

2000-01-01

One of the advanced technologies for fast reactor fuel recycle is pyro-electrochemical molten salt technology. In 1998 we began to study the next phase of the irradiated oxide fuel reprocessing new process MOX → MOX. This process involves the following steps: - Dissolution of irradiated fuel in molten alkaline metal chlorides, - Purification of melt from fission products that are co-deposited with uranium and plutonium oxides, - Electrochemical co-deposition of uranium and plutonium oxides under the controlled cathode potential, - Production of granulated MOX (crushing,salt separation and sizing), and - Purification of melt from fission products by phosphate precipitation. In 1998 a series of experiments were prepared and carried out in order to validate this process. It was shown that the proposed reprocessing flowsheet of irradiated MOX fuel verified the feasibility of its decontamination from most of its fission products (rare earths, cesium) and minor-actinides (americium, curium)

Contribution of metallic fission product inclusions to axial fuel motion potential

International Nuclear Information System (INIS)

Sasa, P.; Cronenberg, A.; Stevenson, M.

1979-01-01

In the analysis of postulated nuclear reactor accidents, axial fuel motion within the fuel pin prior to cladding failure can have an important mitigating effect. The question of primary importance is whether or not metallic inclusions have the potential to vaporize during an overheating event and thus contribute to fuel motion. To assess this potential, two limiting calculations were made: 1) The inclusion constituent assumed insoluble in one another and 2) The constituents assumed totally miscible in one another. Thermodynamic considerations indicate that the metallic fission products found within inclusions of fuel rods irradiated in a fast neutron spectrum, would form homogeneous solutions. Therefore, it is concluded that the metallic fission products would not enhance fuel swelling during an overheating event. 16 refs

Fission Product Release from Spent Nuclear Fuel During Melting

International Nuclear Information System (INIS)

Howell, J.P.; Zino, J.F.

1998-09-01

The Melt-Dilute process consolidates aluminum-clad spent nuclear fuel by melting the fuel assemblies and diluting the 235U content with depleted uranium to lower the enrichment. During the process, radioactive fission products whose boiling points are near the proposed 850 degrees C melting temperature can be released. This paper presents a review of fission product release data from uranium-aluminum alloy fuel developed from Severe Accident studies. In addition, scoping calculations using the ORIGEN-S computer code were made to estimate the radioactive inventories in typical research reactor fuel as a function of burnup, initial enrichment, and reactor operating history and shutdown time.Ten elements were identified from the inventory with boiling points below or near the 850 degrees C reference melting temperature. The isotopes 137Cs and 85Kr were considered most important. This review serves as basic data to the design and development of a furnace off-gas system for containment of the volatile species

Sustainability assessment of bioethanol and petroleum fuel production in Japan based on emergy analysis

International Nuclear Information System (INIS)

Liu, Jin’e; Lin, Bin-Le; Sagisaka, Masayuki

2012-01-01

To promote the reduction of greenhouse gas emissions, research and development of bioethanol technologies are encouraged in Japan and a plan to utilize untilled fields to develop rice for bioethanol production as a substitute for petroleum fuel is being devised. This study applies emergy methods to compare the sustainability of petroleum fuel production and two Japanese rice-to-ethanol production scenarios: (a) ethanol from rice grain, while straw and chaff are burned as energy and (b) ethanol from rice+straw+chaff. The major emergy indices, Emergy Yield Ratio (EYR), Environmental Loading Ratio (ELR), Emergy Investment Ratio (EIR), Emergy Sustainability Index (ESI), Environmental Impacts Ratio (EVR) and system transformity (Tr), are analyzed to assess the production processes. The results show that (1) petroleum fuel production presents higher ELR, EIR, EVR and lower EYR, ESI, Tr than rice-to-ethanol production, indicating rice-to-ethanol production makes sense for reduction of greenhouse gases (GHG); (2) scenario (a) performs similarly on major indicators (EYR, ESI, ELR, EIR and EVR) to scenario (b), yet the system efficiency indicator (Tr) of scenario (a, 7.572×10 5 semj/J) is much higher than (b, 4.573×10 5 semj/J), and therefore (b) is a better alternative for policy decisions; (3) both petroleum fuel production and rice-to-ethanol processes are mainly driven by purchased resources and are unsustainable and nonrenewable in the long run. - Highlights: ► We compare petrol fuel and rice-to-ethanol production using emergy indices. ► Rice-to-ethanol reduces green house gas emissions as a substitute for petrol fuel. ► Rice-to-ethanol production has better sustainability than that of petrol fuel. ► Neither petrol fuel nor biofuel production are sustainable in the long term. ► Bioethanol is not a renewable fuel.

Assessing impacts of organic production on pork and beef quality

OpenAIRE

Sundrum, Albert

2010-01-01

Organic livestock farming is based on a low input production method, aiming to provide products of a high product and process quality rather than maximizing production. The production of a high meat quality corresponds to the expectations of consumers who are both seeking a premium product and who are willing to pay premium prices. This review focuses on the question of whether organic pork and beef production currently meet consumer demands, and it elaborates the potentials and limitations f...

Microprobe study of fission product behavior in high-burnup HTR fuels

International Nuclear Information System (INIS)

Kleykamp, H.

Electron microprobe analysis of irradiated coated particles with high burnup (greater than 50 percent fima) gives detailed information on the chemical state and the transport behavior of the fission products in UO 2 and UC 2 kernels and in the coatings. In oxide fuel kernels, metallic inclusions and ceramic precipitations are observed. The solubility behavior of the fission products in the fuel matrix has been investigated. Fission product inclusions could not be detected in carbide fuel kernels; post irradiation annealed UC 2 kernels, however, give information on the element combinations of some fission product phases. Corresponding to the chemical state in the kernel, Cs, Sr, Ba, Pd, Te and the rare earths are released easily and diffuse through the entire pyrocarbon coating. These fission products can be retained by a silicon carbide layer. The initial stage of a corrosive attack of the SiC coating by the fission products is evidenced

Consumer Willingness to Pay a Premium for Halal Goat Meat: A Case from Atlanta, Georgia

OpenAIRE

Ibrahim, Mohammed

2011-01-01

The growth in goat meat demand is attributed to the influx of immigrants from goat-meat-eating countries into the U.S. This Paper examines the willingness to pay a premium for halal goat meat. The factors that significantly impact the willingness to pay a premium for halal goat meat in Atlanta include income, current consumption, household size, and marital status. Results suggest that the mean willingness to pay a premium for the halal attribute is 50 cents per pound of goat meat.

26 CFR 1.249-1 - Limitation on deduction of bond premium on repurchase.

Science.gov (United States)

2010-04-01

... A issues a callable 20-year convertible bond at face for $1,000 bearing interest at 10 percent per... 26 Internal Revenue 3 2010-04-01 2010-04-01 false Limitation on deduction of bond premium on... deduction of bond premium on repurchase. (a) Limitation—(1) General rule. No deduction is allowed to the...

Modeling foreign exchange risk premium in Armenia

Czech Academy of Sciences Publication Activity Database

Poghosyan, Tigran; Kočenda, Evžen; Zemčík, P.

2008-01-01

Roč. 44, č. 1 (2008), s. 41-61 ISSN 1540-496X R&D Projects: GA MŠk LC542 Institutional research plan: CEZ:MSM0021620846 Keywords : foreign exchange risk premium * Armenia * affine term structure models Subject RIV: AH - Economics Impact factor: 0.611, year: 2008

Relative Affordability of Health Insurance Premiums under CHIP Expansion Programs and the ACA.

Science.gov (United States)

Gresenz, Carole Roan; Laugesen, Miriam J; Yesus, Ambeshie; Escarce, José J

2011-10-01

Affordability is integral to the success of health care reforms aimed at ensuring universal access to health insurance coverage, and affordability determinations have major policy and practical consequences. This article describes factors that influenced the determination of affordability benchmarks and premium-contribution requirements for Children's Health Insurance Program (CHIP) expansions in three states that sought to universalize access to coverage for youth. It also compares subsidy levels developed in these states to the premium subsidy schedule under the Affordable Care Act (ACA) for health insurance plans purchased through an exchange. We find sizeable variability in premium-contribution requirements for children's coverage as a percentage of family income across the three states and in the progressivity and regressivity of the premium-contribution schedules developed. These findings underscore the ambiguity and subjectivity of affordability standards. Further, our analyses suggest that while the ACA increases the affordability of family coverage for families with incomes below 400 percent of the federal poverty level, the evolution of CHIP over the next five to ten years will continue to have significant implications for low-income families.

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.

The Loss Aversion / Narrow Framing Approach to the Equity Premium Puzzle

OpenAIRE

Nicholas Barberis; Ming Huang

2006-01-01

We review a recent approach to understanding the equity premium puzzle. The key elements of this approach are loss aversion and narrow framing, two well-known features of decision-making under risk in experimental settings. In equilibrium, models that incorporate these ideas can generate a large equity premium and a low and stable risk-free rate, even when consumption growth is smooth and only weakly correlated with the stock market. Moreover, they can do so for parameter values that correspo...

Power generation versus fuel production in light water hybrid reactors

International Nuclear Information System (INIS)

Greenspan, E.

1977-06-01

The economic potentials of fissile-fuel-producing light-water hybrid reactors (FFP-LWHR) and of fuel-self-sufficient (FSS) LWHR's are compared. A simple economic model is constructed that gives the capital investment allowed for the hybrid reactor so that the cost of electricity generated in the hybrid based energy system equals the cost of electricity generated in LWR's. The power systems considered are LWR, FSS-LWHR, and FFP-LWHR plus LWR, both with and without plutonium recycling. The economic potential of FFP-LWHR's is found superior to that of FSS-LWHR's. Moreover, LWHR's may compete, economically, with LWR's. Criteria for determining the more economical approach to hybrid fuel or power production are derived for blankets having a linear dependence between F and M. The examples considered favor the power generation rather than fuel production

Are starting wages reduced by an insurance premium for preventing wage decline? Testing the prediction of Harris and Holmstrom

NARCIS (Netherlands)

Hartog, J.; Raposo, P.

2015-01-01

In the model of Harris and Holmstrom (1982) workers pay an insurance premium to prevent a wage decline. As employers are unable to assess the ability of a labour market entrant, they would offer a wage equal to expected productivity of the worker's category and adjust it with unfolding information

Workplace Variation in Fatherhood Wage Premiums: Do Formalization and Performance Pay Matter?

OpenAIRE

Fuller, Sylvia; Cooke, Lynn

2018-01-01

Parenthood contributes substantially to broader gender wage inequality. The intensification of gendered divisions of paid and unpaid work after the birth of a child create unequal constraints and expectations such that, all else equal, mothers earn less than childless women, but fathers earn a wage premium. The fatherhood wage premium, however, varies substantially among men. Analyses of linked workplace-employee data from Canada reveal how organizational context conditions educational, occup...

Biodiesel production from various feedstocks and their effects on the fuel properties.

Science.gov (United States)

Canakci, M; Sanli, H

2008-05-01

Biodiesel, which is a new, renewable and biological origin alternative diesel fuel, has been receiving more attention all over the world due to the energy needs and environmental consciousness. Biodiesel is usually produced from food-grade vegetable oils using transesterification process. Using food-grade vegetable oils is not economically feasible since they are more expensive than diesel fuel. Therefore, it is said that the main obstacle for commercialization of biodiesel is its high cost. Waste cooking oils, restaurant greases, soapstocks and animal fats are potential feedstocks for biodiesel production to lower the cost of biodiesel. However, to produce fuel-grade biodiesel, the characteristics of feedstock are very important during the initial research and production stage since the fuel properties mainly depend on the feedstock properties. This review paper presents both biodiesel productions from various feedstocks and their effects on the fuel properties.

Health benefits in 2013: moderate premium increases in employer-sponsored plans.

Science.gov (United States)

Claxton, Gary; Rae, Matthew; Panchal, Nirmita; Damico, Anthony; Whitmore, Heidi; Bostick, Nathan; Kenward, Kevin

2013-09-01

Employer-sponsored health insurance premiums rose moderately in 2013, the annual Kaiser Family Foundation/Health Research and Educational Trust (Kaiser/HRET) Employer Health Benefits Survey found. In 2013 single coverage premiums rose 5 percent to $5,884, and family coverage premiums rose 4 percent to $16,351. The percentage of firms offering health benefits (57 percent) was similar to that in 2012, as was the percentage of workers at offering firms who were covered by their firm's health benefits (62 percent). The share of workers with a deductible for single coverage increased significantly from 2012, as did the share of workers in small firms with annual deductibles of $1,000 or more. Most firms (77 percent), including nearly all large employers, continued to offer wellness programs, but relatively few used incentives to encourage employees to participate. More than half of large employers offering health risk appraisals to workers offered financial incentives for completing the appraisal.

The individual insurance market before reform: low premiums and low benefits.

Science.gov (United States)

Whitmore, Heidi; Gabel, Jon R; Pickreign, Jeremy; McDevitt, Roland

2011-10-01

Based on analyses of individual market health plans sold through ehealthinsurance and enrollment information collected from individual market carriers, this article profiles the individual health insurance market in 2007, before health reform. The article examines premiums, plan enrollment, cost sharing, and covered benefits and compares individual and group markets. Premiums for the young are lower than in the group market but higher for older people. Cost sharing is substantial in the individual insurance market. Seventy-eight percent of people were enrolled in plans with deductibles for single coverage, which averaged $2,117. Annual out-of-pocket maximums averaged $5,271. Many plans do not cover important benefits. Twelve percent of individually insured persons had no coverage for office visits and only 43% have maternity benefits in their basic coverage. With the advent of health exchanges and new market rules in 2014, covered benefits may become richer, cost sharing will decline, but premiums for the young will rise.

Studies on the fission products behavior during dissolution process of BWR spent fuel

International Nuclear Information System (INIS)

Sato, K.; Nakai, E.; Kobayashi, Y.

1987-01-01

In order to obtain basic data on fission products behavior in connection with the head end process of fuel reprocessing, especially to obtain better understanding on undissolved residues, small scale dissolution studies were performed by using BWR spent fuel rods which were irradiated as monitoring fuel rods under the monitoring program for LWR fuel assembly performance entitled PROVING TEST ON RELIABILITY OF FUEL ASSEMBLY . The Zircaloy-2 claddings and the fuel pellets were subjected individually to the following studies on 1) release of fission products during dissolution process, 2) characterization of undissolved residues, and 3) analysis of the claddings. This paper presents comprehensive descriptions of the fission products behavior during dissolution process, based on detailed and through PIE conducted by JNFS under the sponsorship of MITI (Ministry of International Trade and Industry)

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.

Modeling foreign exchange risk premium in Armenia

Czech Academy of Sciences Publication Activity Database

Poghosyan, T.; Kočenda, E.; Zemčík, Petr

2008-01-01

Roč. 44, č. 1 (2008), s. 41-61 ISSN 1540-496X R&D Projects: GA MŠk LC542 Institutional research plan: CEZ:AV0Z70850503 Keywords : foreign exchange risk premium * Armenia * affine term structure models Subject RIV: AH - Economics Impact factor: 0.611, year: 2008

AN EMPIRICAL ANALYSIS OF VARIETY PRICE PREMIUM ...

African Journals Online (AJOL)

Location price difference was inversely related to distance from the central commodity market, and the seasonal price difference was attributed to storage technique. These show imperfect competitive market behaviour. Peu/drum with characteristics of brown colour, rough skin and large grain size had a price premium than ...

Distributed generation technologies : small turbines/fuel cells

International Nuclear Information System (INIS)

Skowronski, M.

1998-01-01

Allied Signal Power Systems Inc. is a company with 76,580 employees and $ 14 billion in sales in 1996. The company's various divisions are major players in aerospace equipment systems, commercial avionics, electronic systems, engines, automotive brake systems, safety restraint systems, turbochargers, premium car care products, chemicals plastics and advanced materials. This paper describes a developed a turbogenerator designed for use in electric power generation. The new engine is inherently simple with high reliability. Its advantages over a conventional engine include: (1) one moving part, (2) no oil system, (3) multi-fuel capability, (4) no gears or gearboxes, (5) no separate starter motor, (6) ultra low emissions, and (7) lower operating costs. Although there are relatively high costs associated with its aerospace design, consumers, the environment and the electrical system/grid could all benefit from the turbogenerator. Installation and variable costs and target markets were discussed. 3 tabs., 12 figs

Fission product release measured during fuel damage tests at the Power Burst Facility

International Nuclear Information System (INIS)

Osetek, D.J.; Hartwell, J.K.; Vinjamuri, K.; Cronenberg, A.W.

1985-01-01

Results are presented of fission product release behavior observed during four severe fuel damage tests on bundles of UO 2 fuel rods. Transient temperatures up to fuel melting were obtained in the tests that included both rapid quench and slow cooldown, low and high (36 GWd/t) burnup fuel and the addition of Ag-In-Cd control rods. Release fractions of major fission product species and release rates of noble gas species are reported. Significant differences in release behavior are discussed between heatup and cooldown periods, low and high burnup fuel and long- and short-lived fission products. Explanations are offered for the probable reasons for the observed differences and recommendations for further studies are given

Fission product release by fuel oxidation after water ingress

International Nuclear Information System (INIS)

Schreiber.

1990-01-01

On the basis of data obtained by a literature search, a computer code has been established for the calculation of the degree of oxidation of the fuel in the damaged fuel particles, and hence of the fission product release as a function of the time period of steam ingress. (orig.) [de

The economic production of alcohol fuels from coal-derived synthesis gas

Energy Technology Data Exchange (ETDEWEB)

Kugler, E.L.; Dadyburjor, D.B.; Yang, R.Y.K. [West Virginia Univ., Morgantown, WV (United States)] [and others

1995-12-31

The objectives of this project are to discover, (1) study and evaluate novel heterogeneous catalytic systems for the production of oxygenated fuel enhancers from synthesis gas. Specifically, alternative methods of preparing catalysts are to be investigated, and novel catalysts, including sulfur-tolerant ones, are to be pursued. (Task 1); (2) explore, analytically and on the bench scale, novel reactor and process concepts for use in converting syngas to liquid fuel products. (Task 1); (3) simulate by computer the most energy efficient and economically efficient process for converting coal to energy, with primary focus on converting syngas to fuel alcohols. (Task 2); (4) develop on the bench scale the best holistic combination of chemistry, catalyst, reactor and total process configuration integrated with the overall coal conversion process to achieve economic optimization for the conversion of syngas to liquid products within the framework of achieving the maximum cost effective transformation of coal to energy equivalents. (Tasks 1 and 2); and (5) evaluate the combustion, emission and performance characteristics of fuel alcohols and blends of alcohols with petroleum-based fuels. (Task 2)

Artificial photosynthesis for production of hydrogen peroxide and its fuel cells.

Science.gov (United States)

Fukuzumi, Shunichi

2016-05-01

The reducing power released from photosystem I (PSI) via ferredoxin enables the reduction of NADP(+) to NADPH, which is essential in the Calvin-Benson cycle to make sugars in photosynthesis. Alternatively, PSI can reduce O2 to produce hydrogen peroxide as a fuel. This article describes the artificial version of the photocatalytic production of hydrogen peroxide from water and O2 using solar energy. Hydrogen peroxide is used as a fuel in hydrogen peroxide fuel cells to make electricity. The combination of the photocatalytic H2O2 production from water and O2 using solar energy with one-compartment H2O2 fuel cells provides on-site production and usage of H2O2 as a more useful and promising solar fuel than hydrogen. This article is part of a Special Issue entitled Biodesign for Bioenergetics--The design and engineering of electronc transfer cofactors, proteins and protein networks, edited by Ronald L. Koder and J.L. Ross Anderson. Copyright © 2016 Elsevier B.V. All rights reserved.

Release of fission products from irradiated aluminide fuel at high temperature

International Nuclear Information System (INIS)

Shibata, Toshikazu; Kanda, Keiji; Mishima, Kaichiro; Tamai, Tadaharu; Hayashi, Masatoshi; Snelgrove, James L.; Stahl, David; Matos, James E.; Travelli, Armando; Case, F. Neil; Posey, John C.

1983-01-01

Irradiated uranium aluminide fuel plates of 40% U-235 enrichment were heated for the determination of fission products released under flowing helium gas at temperatures up to and higher than the melting point of fuel cladding material. The release of fission products from the fuel plate at temperature below 500 deg. C was found negligible. The first rapid release of fission products was observed with the occurrence of blistering at 561±1 deg. C on the plates. The next release at 585. C might be caused by melting of the cladding material of 6061-Al alloy. The last release of fission product gases was occurred at the eutectic temperature of 640 deg. C of U-Al x . The released material was mostly xenon, but small amounts of iodine and cesium were observed. (author)

Release of fission products from irradiated aluminide fuel at high temperature

International Nuclear Information System (INIS)

Shibata, T.; Kanda, K.; Mishima, K.

1982-01-01

Irradiated uranium aluminide fuel plates of 40% U-235 enrichment were heated for the determination of fission products released under flowing helium gas at temperatures up to and higher than the melting point of fuel-cladding material. The release of fission products from the fuel plate at temperature below 500 0 C was found negligible. The firist rapid release of fission products was observed with the occurrence of blistering at 561 +- 1 0 C on the plates. The next release at 585 0 C might be caused by melting of the cladding material of 6061-Al alloy. The last release of fission product gases was occurred at the eutectic temperature of 640 0 C of U-Al/sub x/. The released material was mostly xenon, but small amounts of iodine and cesium were observed

An Industrial-Based Consortium to Develop Premium Carbon Products from Coal, Annual Progress Report, October 1, 2004 through September 30, 2005

Energy Technology Data Exchange (ETDEWEB)

Miller, Bruce G

2006-03-01

Since 1998, The Pennsylvania State University (PSU) has been successfully operating the Consortium for Premium Carbon Products from Coal (CPCPC), which is a vehicle for industry-driven research on the promotion, development, and transfer of innovative technology on premium carbon produces from coal to the U.S. industry. The CPCPC is an initiative being led by PSU, its co-charter member West Virginia University (WVU), and the U.S. Department of Energy's (DOE) National Energy Technology Laboratory (NETL), who also provides the base funding for the program, with PSU 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 has continued under the present cooperative agreement, No. DE-FC26-03NT41874, which started October 1, 2003. The objective of the second agreement is to continue the successful operation of the CPCPC. The CPCPC has enjoyed tremendous success with its organizational structure, that includes PSU 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 is its industry-led council that selects proposals submitted by CPCPC members to ensure CPCPC target areas have strong industrial support. A second contract was executed with DOE NETL starting in October 2003 to continue the activities of CPCPC. An annual funding meeting was held in October 2003 and the council selected ten projects for funding. Base funding for the projects is provided by NETL with matching funds from industry. Subcontracts were let from Penn State to the subcontractors on March 1, 2004. Nine of the ten projects have been completed and the final reports for these 2004 projects are attached. An annual funding meeting was held in November 2004 and the council

Production logistic for an attack nuclear submarine squadron fuel

International Nuclear Information System (INIS)

Guimaraes, Leonam dos Santos

1999-01-01

The future acquisition of nuclear attack submarines by Brazilian Navy along next century will imply new requirements on Naval Logistic Support System. These needs will impact all the six logistic functions. Among them, fuel supply could be considered as the one which requires the most important capacitating effort, including not only technological development of processes but also the development of a national industrial basis for effective production of nuclear fuel. This paper presents the technical aspects of the processes involved and an annual production dimensioning for an squadron composed by four units. (author)

Spent nuclear fuel project product specification

International Nuclear Information System (INIS)

PAJUNEN, A.L.

1999-01-01

This document establishes the limits and controls for the significant parameters that could potentially affect the safety and/or quality of the Spent Nuclear Fuel (SNF) packaged for processing, transport, and storage. The product specifications in this document cover the SNF packaged in Multi-Canister Overpacks to be transported throughout the SNF Project

Spent Nuclear Fuel (SNF) Project Product Specification

International Nuclear Information System (INIS)

PAJUNEN, A.L.

2000-01-01

The process for removal of Spent Nuclear Fuel (SNF) from the K Basins has been divided into major sub-systems. The Fuel Retrieval System (FRS) removes fuel from the existing storage canisters, cleans it, and places it into baskets. The multi-canister overpack (MCO) loading system places the baskets into an MCO that has been pre-loaded in a cask. The cask, containing a loaded MCO, is then transferred to the Cold Vacuum Drying (CVD) Facility. After drying at the CVD Facility, the cask, and MCO, are transferred to the Canister Storage Building (CSB), where the MCO is removed from the cask, staged, inspected, sealed (by welding), and stored until a suitable permanent disposal option is implemented. The purpose of this document is to specify the process related characteristics of an MCO at the interface between major process systems. The characteristics are derived from the primary technical documents that form the basis for safety analysis and design calculations. This document translates the calculation assumptions into implementation requirements and describes the method of verifying that the requirement is achieved. These requirements are used to define validation test requirements and describe requirements that influence multiple sub-project safety analysis reports. This product specification establishes limits and controls for each significant process parameter at interfaces between major sub-systems that potentially affect the overall safety and/or quality of the SNF packaged for processing, transport, and interim dry storage. The product specifications in this document cover the SNF packaged in MCOs to be transported throughout the SNF Project. The description of the product specifications are organized in the document as follows: Section 2.0--Summary listing of product specifications at each major sub-system interface. Section 3.0--Summary description providing guidance as to how specifications are complied with by equipment design or processing within a major

Spent Nuclear Fuel (SNF) Project Product Specification

Energy Technology Data Exchange (ETDEWEB)

PAJUNEN, A.L.

2000-12-07

The process for removal of Spent Nuclear Fuel (SNF) from the K Basins has been divided into major sub-systems. The Fuel Retrieval System (FRS) removes fuel from the existing storage canisters, cleans it, and places it into baskets. The multi-canister overpack (MCO) loading system places the baskets into an MCO that has been pre-loaded in a cask. The cask, containing a loaded MCO, is then transferred to the Cold Vacuum Drying (CVD) Facility. After drying at the CVD Facility, the cask, and MCO, are transferred to the Canister Storage Building (CSB), where the MCO is removed from the cask, staged, inspected, sealed (by welding), and stored until a suitable permanent disposal option is implemented. The purpose of this document is to specify the process related characteristics of an MCO at the interface between major process systems. The characteristics are derived from the primary technical documents that form the basis for safety analysis and design calculations. This document translates the calculation assumptions into implementation requirements and describes the method of verifying that the requirement is achieved. These requirements are used to define validation test requirements and describe requirements that influence multiple sub-project safety analysis reports. This product specification establishes limits and controls for each significant process parameter at interfaces between major sub-systems that potentially affect the overall safety and/or quality of the SNF packaged for processing, transport, and interim dry storage. The product specifications in this document cover the SNF packaged in MCOs to be transported throughout the SNF Project. The description of the product specifications are organized in the document as follows: Section 2.0--Summary listing of product specifications at each major sub-system interface. Section 3.0--Summary description providing guidance as to how specifications are complied with by equipment design or processing within a major

A techno-economic analysis of decentralized electrolytic hydrogen production for fuel cell vehicles

International Nuclear Information System (INIS)

Prince-Richard, S.; Whale, M.; Djilali, N.

2000-01-01

Fueling is a central issue in the development of fuel cell systems, especially for transportation applications. Which fuels will be used to provide the necessary hydrogen and what kind of production / distribution infrastructure will be required are key questions for the large scale market penetration of fuel cell vehicles. Methanol, gasoline and hydrogen are currently the three most seriously considered fuel options. Primarily because of economic considerations, these energy currencies would all be largely produced from fossil fuel sources in the near future. One problem in using fossil fuel sources as a feedstock is their associated emissions, in particular greenhouse gases. This paper presents some elements of a study currently underway to assess the techno-economic prospects of decentralized electrolytic hydrogen production for fuel cell vehicles

Recoil release of fission products from nuclear fuel

International Nuclear Information System (INIS)

Wise, C.

1985-01-01

An analytical approximation is developed for calculating recoil release from nuclear fuel into gas filled interspaces. This expression is evaluated for a number of interspace geometries and shown to be generally accurate to within about 10% by comparison with numerical calculations. The results are applied to situations of physical interest and it is demonstrated that recoil can be important when modelling fission product release from low temperature CAGR pin failures. Furthermore, recoil can contribute significantly in experiments on low temperature fission product release, particularly where oxidation enhancement of this release is measured by exposing the fuel to CO 2 . The calculations presented here are one way of allowing for this, other methods are suggested. (orig.)

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

Science.gov (United States)

2013-09-26

... Facilities, and Hospital Mortgage Insurance Premiums for Fiscal Year (FY) 2014 AGENCY: Office of the... with HUD regulations, this Notice announces the mortgage insurance premiums (MIPs) for Federal Housing Administration (FHA) Multifamily, Healthcare Facilities, and Hospital mortgage insurance programs that have...

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

Biodiesel as an alternative motor fuel: Production and policies in the European Union

International Nuclear Information System (INIS)

Bozbas, Kahraman

2008-01-01

The purpose of this work is to investigate fuel characteristics of biodiesel and its production in European Union. Biodiesel fuel can be made from new or used vegetable oils and animal fats, which are non-toxic, biodegradable, renewable resources. The vegetable oil fuels were not acceptable because they were more expensive than petroleum fuels. Biodiesel has become more attractive recently because of its environmental benefits. With recent increases in petroleum prices and uncertainties concerning petroleum availability, there is renewed interest in vegetable oil fuels for diesel engines. In Europe the most important biofuel is biodiesel. In the European Union biodiesel is the by far biggest biofuel and represents 82% of the biofuel production. Biodiesel production for 2003 in EU-25 was 1,504,000 tons. (author)

Ceria-thoria pellet manufacturing in preparation for plutonia-thoria LWR fuel production