Assessment of Combustion and Potash Production as Options for ...

African Journals Online (AJOL)

This study assessed combustion and potash production as options for management of wood waste. The percentage reduction in volume by combustion and potash generation potential of wood waste from nine different common species of wood obtained from a wood factory in Ibadan were evaluated. Potash from the ashes ...

Multiperiod Production and Ordering Policies for a Retailer-Led Supply Chain through Option Contracts

Directory of Open Access Journals (Sweden)

Nana Wan

2018-01-01

Full Text Available This paper formulates two groups of multiperiod production and ordering models with call and bidirectional option contracts for a two-party supply chain consisting of one followed supplier and one dominant retailer, respectively. Based on dynamic programming theory, we characterize the optimal policy structures for two partners in each period. We also provide an approximation for the corresponding policy parameters evaluation in two cases. Then, we investigate the impacts of different option contracts and the demand risk on the decisions and performances of two members. Our results suggest that, whether concerning call or bidirectional option contracts, the optimal policies for two members always follow a base stock type. When the price parameters are the same for different option contracts, the service levels of both the system and the retailer are higher with call option contracts than with bidirectional ones, whereas the retailer’s inventory risk is lower with bidirectional option contracts than with call ones. Under the same conditions stated above, call option contracts can always benefit the supplier, but not the retailer. Owing to the retailer’s dominant position, call option contracts are better choice for the supply chain if the option (exercise price is low (high, while bidirectional option contracts are more suitable choice for the supply chain if the option (exercise price is high (low. In addition, an increase in the demand risk would prompt the supplier to increase his production quantity and the retailer to reduce the initial firm order quantity, either with call or bidirectional option contracts.

Benefit/cost analysis of plutonium recycle options in the United States of America

International Nuclear Information System (INIS)

Lowenberg, H.; Burnham, J.B.; Fisher, F.D.; Ray, W.H.

1977-01-01

Beginning in 1973, the USAEC started the analysis of the benefit/cost balance of Pu recycling in light-water reactors and the US Nuclear Regulatory Commission has continued this effort to the present time. A study of the United States nuclear industry from 1975 until 2000 was summarized in a final environmental statement called GESMO - Generic Environmental Statement on Mixed Oxide, NUREG-0002. Cumulative environmental and economic effects for several industry growth patterns were determined. Five alternatives were evaluated, covering the basic options of recycling uranium and plutonium; recycling uranium; and no recycling. The NRC findings, excluding consideration of proliferation and safeguards questions, are: the safety of reactors and fuel-cycle facilities are not significantly affected by recycle; excluding consideration of radiological effects, the environmental effects of recycle are slightly less than those from a non-recycle system; plutonium recycling extends uranium resources and reduces environmental impacts at the same time requiring reprocessing and Pu-handling facilities; despite uncertainties, recycling has probable economic advantages over other fuel concepts; differences in health effects attributable to recycling provide no basis for selecting a particular fuel-cycle option; no waste-management considerations appear that could be a basis for the selection of any particular option. The NRC studies on health, safety and environmental considerations of Pu recycling in the United States of America show that the differences in benefits/costs between the alternative fuel cycles are small and hence do not provide a clear basis for a decision on Pu recycle at this time. Safeguards and international proliferation implications appear to be the controlling factors in reaching a decision. President Carter's statement indefinitely deferring reprocessing and Pu recycle in the United States of America has resulted in a re-evaluation by NRC of its programme to

The value of product flexibility in nuclear hydrogen technologies: A real options analysis

International Nuclear Information System (INIS)

Botterud, Audun; Yildiz, Bilge; Conzelmann, Guenter; Petri, Mark C.

2009-01-01

Previous economic studies of nuclear hydrogen technologies focused on levelized costs without accounting for risks and uncertainties faced by potential investors. To address some of these risks and uncertainties, we used real options theory to assess the profitability of three nuclear hydrogen production technologies in evolving electricity and hydrogen markets. Monte-Carlo simulations are used to represent the uncertainty in hydrogen and electricity prices. The model computes both the expected value and the distribution of discounted profits from the production plant. It also quantifies the value of the option to switch between hydrogen and electricity production. Under these assumptions, we conclude that investors will find significant value in the capability to switch plant output between electricity and hydrogen. (author)

Reasons that lead mothers looking for a pre-hospital unit as a first option for attendance - Sorocaba/SP

Directory of Open Access Journals (Sweden)

Thais Helena Campos

2015-06-01

Full Text Available Objective: to verify the reasons lead mothers to seek the Pre- hospital Unit of Sorocaba Western Zone (UPH-ZO as first option of attendance and quantify the inappropriate motives for this search. Method: it is an exploratory study with quantitative analyze performed at UPH-ZO through the emergence bulletin (BE and the mothers or guardians interview. Results: nine hundred mothers and guardians were interviewed. Four reasons prevailed as motivation for search the UPH-ZO by first option: better and quick resolution with technological resources provided; restrict period for attendance at the Basic Health Unit (UBS; delay for appointment in the UBS; lack of Pediatrician in this Unit. The prevalent diagnostic hypothesis in the sample was acute gastroenterocolitis and superior aerial way infections. Conclusions: for the 68.8% of the sample the looking for UPH-ZO was adequate; 31.2% referred reasons that could be solved at the UBS. This Unit must just be the entrance for the users of the Health Unique System (SUS.

Economics of Alaska North Slope gas utilization options

International Nuclear Information System (INIS)

Thomas, C.P.; Doughty, T.C.; Hackworth, J.H.; North, W.B.; Robertson, E.P.

1996-08-01

The recoverable natural gas available for sale in the developed and known undeveloped fields on the Alaskan North Slope (ANS) total about 26 trillion cubic feet (TCF), including 22 TCF in the Prudhoe Bay Unit (PBU) and 3 TCF in the undeveloped Point Thomson Unit (PTU). No significant commercial use has been made of this large natural gas resource because there are no facilities in place to transport this gas to current markets. To date the economics have not been favorable to support development of a gas transportation system. However, with the declining trend in ANS oil production, interest in development of this huge gas resource is rising, making it important for the U.S. Department of Energy, industry, and the State of Alaska to evaluate and assess the options for development of this vast gas resource. The purpose of this study was to assess whether gas-to-liquids (GTL) conversion technology would be an economic alternative for the development and sale of the large, remote, and currently unmarketable ANS natural gas resource, and to compare the long term economic impact of a GTL conversion option to that of the more frequently discussed natural gas pipeline/liquefied natural gas (LNG) option. The major components of the study are: an assessment of the ANS oil and gas resources; an analysis of conversion and transportation options; a review of natural gas, LNG, and selected oil product markets; and an economic analysis of the LNG and GTL gas sales options based on publicly available input needed for assumptions of the economic variables. Uncertainties in assumptions are evaluated by determining the sensitivity of project economics to changes in baseline economic variables

VARIANTS OF DETERMINING THE MANUFACTURING COST OF A PRODUCT IN A PRODUCTION UNIT IN THE LIGHT OF BALANCE SHEET LAW

Directory of Open Access Journals (Sweden)

Marzena STROJEK‐FILUS

2014-01-01

Full Text Available The category of the manufacturing cost of a product is one of the most important ones from the point of view of proper valuation of the assets of a production unit, costs of its operations as well as pricing decisions. This article presents the problem of determining the manufacturing cost of a product in terms of balance sheet law. It has been shown that in order to determine this value various methods and options are allowed by this law, by means of which different values of manufacturing cost of a product are obtained. The importance of a proper selection of an allocation key in setilement of indirect production costs has been highlighted as well as the results of using, in certain cases, approved simplifications in the balance sheet law when determining the manufacturing cost of products have been demonstrated. The problem presented in this article is crucial from the point of view of an organization and management of production as well as managerial decision‐making in a company in the area of design of products and processes.

Option pricing with COS method on Graphics Processing Units

NARCIS (Netherlands)

B. Zhang (Bo); C.W. Oosterlee (Kees)

2009-01-01

htmlabstractIn this paper, acceleration on the GPU for option pricing by the COS method is demonstrated. In particular, both European and Bermudan options will be discussed in detail. For Bermudan options, we consider both the Black-Scholes model and Levy processes of infinite activity. Moreover,

40 CFR 75.19 - Optional SO2, NOX, and CO2 emissions calculation for low mass emissions (LME) units.

Science.gov (United States)

2010-07-01

... 40 Protection of Environment 16 2010-07-01 2010-07-01 false Optional SO2, NOX, and CO2 emissions... § 75.19 Optional SO2, NOX, and CO2 emissions calculation for low mass emissions (LME) units. (a... input, NOX, SO2, and CO2 mass emissions, and NOX emission rate under this part. If the owner or operator...

Climate Change: Seed Production and Options for Adaptation

Directory of Open Access Journals (Sweden)

John G. Hampton

2016-07-01

Full Text Available Food security depends on seed security and the international seed industry must be able to continue to deliver the quantities of quality seed required for this purpose. Abiotic stress resulting from climate change, particularly elevated temperature and water stress, will reduce seed yield and quality. Options for the seed industry to adapt to climate change include moving sites for seed production, changing sowing date, and the development of cultivars with traits which allow them to adapt to climate change conditions. However, the ability of seed growers to make these changes is directly linked to the seed system. In the formal seed system operating in developed countries, implementation will be reasonably straight forward. In the informal system operating in developing countries, the current seed production challenges including supply failing to meet demand and poor seed quality will increase with changing climates.

Slowing global warming biotically - Options for the United States

International Nuclear Information System (INIS)

Anon.

1991-01-01

Each of the five biotic approaches introduced in Chapter 2 is applicable to some extent in the US. Taking US land-use characteristics into account, a menu of policy options tailored to US carbon storage opportunities is presented. Several of the options are capable of significantly reducing net US carbon emissions; several offer corollary benefits in areas other than global warming mitigation. The time frame and costs of the different options vary widely, although in most cases some level of implementation appears economically justified even without considering global warming. The approach, projected costs, and advantages of seven different policy options are profiled

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

International Nuclear Information System (INIS)

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

2002-01-01

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

38 CFR 6.10 - Options.

Science.gov (United States)

2010-07-01

... 38 Pensions, Bonuses, and Veterans' Relief 1 2010-07-01 2010-07-01 false Options. 6.10 Section 6.10 Pensions, Bonuses, and Veterans' Relief DEPARTMENT OF VETERANS AFFAIRS UNITED STATES GOVERNMENT LIFE INSURANCE Optional Settlement § 6.10 Options. Insurance will be payable in one sum only when...

Assessing alternative production options for eco-efficient food supply chains using multi-objective optimization

NARCIS (Netherlands)

Banasik, Aleksander; Kanellopoulos, Argyris; Claassen, G.D.H.; Bloemhof-Ruwaard, Jacqueline M.; Vorst, van der Jack G.A.J.

2017-01-01

Due to tremendous losses of resources in modern food supply chains, higher priority should be given to reducing food waste and environmental impacts of food production. In practice, multiple production options are available, but must be quantitatively assessed with respect to economic and

7 CFR 58.2825 - United States Standard for ice cream.

Science.gov (United States)

2010-01-01

... AND STANDARDS UNDER THE AGRICULTURAL MARKETING ACT OF 1946 AND THE EGG PRODUCTS INSPECTION ACT... DAIRY PRODUCTS 1 United States Department of Agriculture Standard for Ice Cream § 58.2825 United States... from the use of bulky optional ingredients, chocolate and cocoa solids used shall be considered the...

Advanced Demonstration and Test Reactor Options Study

Energy Technology Data Exchange (ETDEWEB)

Petti, David Andrew [Idaho National Lab. (INL), Idaho Falls, ID (United States); Hill, R. [Argonne National Lab. (ANL), Argonne, IL (United States); Gehin, J. [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States); Gougar, Hans David [Idaho National Lab. (INL), Idaho Falls, ID (United States); Strydom, Gerhard [Idaho National Lab. (INL), Idaho Falls, ID (United States); Heidet, F. [Argonne National Lab. (ANL), Argonne, IL (United States); Kinsey, J. [Idaho National Lab. (INL), Idaho Falls, ID (United States); Grandy, Christopher [Argonne National Lab. (ANL), Argonne, IL (United States); Qualls, A. [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States); Brown, Nicholas [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States); Powers, J. [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States); Hoffman, E. [Argonne National Lab. (ANL), Argonne, IL (United States); Croson, D. [Idaho National Lab. (INL), Idaho Falls, ID (United States)

2017-01-01

Global efforts to address climate change will require large-scale decarbonization of energy production in the United States and elsewhere. Nuclear power already provides 20% of electricity production in the United States (U.S.) and is increasing in countries undergoing rapid growth around the world. Because reliable, grid-stabilizing, low emission electricity generation, energy security, and energy resource diversity will be increasingly valued, nuclear power’s share of electricity production has a potential to grow. In addition, there are non electricity applications (e.g., process heat, desalination, hydrogen production) that could be better served by advanced nuclear systems. Thus, the timely development, demonstration, and commercialization of advanced nuclear reactors could diversify the nuclear technologies available and offer attractive technology options to expand the impact of nuclear energy for electricity generation and non-electricity missions. The purpose of this planning study is to provide transparent and defensible technology options for a test and/or demonstration reactor(s) to be built to support public policy, innovation and long term commercialization within the context of the Department of Energy’s (DOE’s) broader commitment to pursuing an “all of the above” clean energy strategy and associated time lines. This planning study includes identification of the key features and timing needed for advanced test or demonstration reactors to support research, development, and technology demonstration leading to the commercialization of power plants built upon these advanced reactor platforms. This planning study is consistent with the Congressional language contained within the fiscal year 2015 appropriation that directed the DOE to conduct a planning study to evaluate “advanced reactor technology options, capabilities, and requirements within the context of national needs and public policy to support innovation in nuclear energy�

Advanced Demonstration and Test Reactor Options Study

International Nuclear Information System (INIS)

Petti, David Andrew; Hill, R.; Gehin, J.; Gougar, Hans David; Strydom, Gerhard; Heidet, F.; Kinsey, J.; Grandy, Christopher; Qualls, A.; Brown, Nicholas; Powers, J.; Hoffman, E.; Croson, D.

2017-01-01

Global efforts to address climate change will require large-scale decarbonization of energy production in the United States and elsewhere. Nuclear power already provides 20% of electricity production in the United States (U.S.) and is increasing in countries undergoing rapid growth around the world. Because reliable, grid-stabilizing, low emission electricity generation, energy security, and energy resource diversity will be increasingly valued, nuclear power's share of electricity production has a potential to grow. In addition, there are non electricity applications (e.g., process heat, desalination, hydrogen production) that could be better served by advanced nuclear systems. Thus, the timely development, demonstration, and commercialization of advanced nuclear reactors could diversify the nuclear technologies available and offer attractive technology options to expand the impact of nuclear energy for electricity generation and non-electricity missions. The purpose of this planning study is to provide transparent and defensible technology options for a test and/or demonstration reactor(s) to be built to support public policy, innovation and long term commercialization within the context of the Department of Energy's (DOE's) broader commitment to pursuing an 'all of the above' clean energy strategy and associated time lines. This planning study includes identification of the key features and timing needed for advanced test or demonstration reactors to support research, development, and technology demonstration leading to the commercialization of power plants built upon these advanced reactor platforms. This planning study is consistent with the Congressional language contained within the fiscal year 2015 appropriation that directed the DOE to conduct a planning study to evaluate 'advanced reactor technology options, capabilities, and requirements within the context of national needs and public policy to support innovation in nuclear energy'. Advanced reactors are

Economic Screening of Geologic Sequestration Options in the United States with a Carbon Management Geographic Information System

Energy Technology Data Exchange (ETDEWEB)

Dahowski, Robert T.(BATTELLE (PACIFIC NW LAB)); Dooley, James J.(BATTELLE (PACIFIC NW LAB)); Brown, Daryl R.(BATTELLE (PACIFIC NW LAB)); Stephan, Alex J.(BATTELLE (PACIFIC NW LAB)); Badie I. Morsi

2001-10-19

Developing a carbon management strategy is a formidable task for nations as well as individual companies. It is often difficult to understand what options are available, let alone determine which may be optimal. In response to the need for a better understanding of complex carbon management options, Battelle has developed a state-of-the-art Geographic Information System (GIS) model with economic screening capability focused on carbon capture and geologic sequestration opportunities in the United States. This paper describes the development of this GIS-based economic screening model and demonstrates its use for carbon management analysis.

Berg River Textiles - Cleaner Production Option Report

DEFF Research Database (Denmark)

Wenzel, Henrik; Schneider, Zsig

schematics on the various wet treatment operations in the dyehouse, and water and energy balances were made to the extent data allowed. A number of options for saving water, energy and chemicals were identified. The potentials monetary savings and necessary investments were estimated, and a list of priority...... projects including milestone plans for their implementation was made. A saving potential of around 3 mill. R was identified with a pay-back period of around 0.2 years as average of the identified options. The company implemented a large number of the options right away....

Production of 177Lu for targeted radionuclide therapy: Available options

International Nuclear Information System (INIS)

Dah, Ashutosh; Pillai, Maroor Raghavan Ambikalmajan; Knapp, Furn F. Jr.

2015-01-01

This review provides a comprehensive summary of the production of 177 Lu to meet expected future research and clinical demands. Availability of options represents the cornerstone for sustainable growth for the routine production of adequate activity levels of 177 Lu having the required quality for preparation of a variety of 177 Lu-labeled radiopharmaceuticals. The tremendous prospects associated with production of 177 Lu for use in targeted radionuclide therapy (TRT) dictate that a holistic consideration should evaluate all governing factors that determine its success. While both “direct” and “indirect” reactor production routes offer the possibility for sustainable 177 Lu availability, there are several issues and challenges that must be considered to realize the full potential of these production strategies. This article presents a mini review on the latest developments, current status, key challenges and possibilities for the near future. A broad understanding and discussion of the issues associated with 177 Lu production and processing approaches would not only ensure sustained growth and future expansion for the availability and use of 177 Lu-labeled radiopharmaceuticals, but also help future developments

Management options to reduce the carbon footprint of livestock products

DEFF Research Database (Denmark)

Hermansen, John Erik; Kristensen, Troels

2011-01-01

Livestock products carry a large carbon footprint compared with other foods, and thus there is a need to focus on how to reduce it. The major contributing factors are emissions related to feed use and manure handling as well as the nature of the land required to produce the feed in question. We can....... Basically, it is important to make sure that all beneficial interactions in the livestock system are optimized instead of focusing only on animal productivity. There is an urgent need to arrive at a sound framework for considering the interaction between land use and carbon footprints of foods....... conclude that the most important mitigation options include - better feed conversion at the system level, - use of feeds that increase soil carbon sequestration versus carbon emission, - ensure that the manure produced substitutes for synthetic fertilizer, and - use manure for bio-energy production...

Development of Product Availability Monitoring System In Production Unit In Automotive Component Industry

Science.gov (United States)

Hartono, Rachmad; Raharno, Sri; Yuwana Martawirya, Yatna; Arthaya, Bagus

2018-03-01

This paper described a methodology to monitor the availability of products in a production unit in the automotive component industry. Automotive components made are automotive components made through sheet metal working. Raw material coming into production unit in the form of pieces of plates that have a certain size. Raw materials that come stored in the warehouse. Data of raw each material in the warehouse are recorded and stored in a data base system. The material will then undergo several production processes in the production unit. When the material is taken from the warehouse, material data are also recorded and stored in a data base. The data recorded are the amount of material, material type, and date when the material is out of the warehouse. The material coming out of the warehouse is labeled with information related to the production processes that the material must pass. Material out of the warehouse is a product will be made. The products have been completed, are stored in the warehouse products. When the product is entered into the product warehouse, product data is also recorded by scanning the barcode contained on the label. By recording the condition of the product at each stage of production, we can know the availability of the product in a production unit in the form of a raw material, the product being processed and the finished product.

Repowering options for steam power plants

International Nuclear Information System (INIS)

Wen, H.; Gopalarathinam, R.

1992-01-01

Repowering an existing steam power plant with a gas turbine offers an attractive alternative to a new plant or life extension, especially for unit sizes smaller than 300 MWe. Gas turbine repowering improves thermal efficiency and substantially increases the plant output. Based on recent repowering studies and projects, this paper examines gas turbine repowering options for 100 MWe, 200 MWe and 300 MWe units originally designed for coal firing and currently firing either coal or natural gas. Also discussed is the option for a phased future conversion of the repowered unit to fire coal-derived gas, should there be a fluctuation in the price or availability of natural gas. A modular coal gasification plant designed to shorten the conversion time is presented. Repowering options, performance, costs, and availability impacts are discussed for selected cases

Development of in situ product removal strategies in biocatalysis applying scaled-down unit operations.

Science.gov (United States)

Heintz, Søren; Börner, Tim; Ringborg, Rolf H; Rehn, Gustav; Grey, Carl; Nordblad, Mathias; Krühne, Ulrich; Gernaey, Krist V; Adlercreutz, Patrick; Woodley, John M

2017-03-01

An experimental platform based on scaled-down unit operations combined in a plug-and-play manner enables easy and highly flexible testing of advanced biocatalytic process options such as in situ product removal (ISPR) process strategies. In such a platform, it is possible to compartmentalize different process steps while operating it as a combined system, giving the possibility to test and characterize the performance of novel process concepts and biocatalysts with minimal influence of inhibitory products. Here the capabilities of performing process development by applying scaled-down unit operations are highlighted through a case study investigating the asymmetric synthesis of 1-methyl-3-phenylpropylamine (MPPA) using ω-transaminase, an enzyme in the sub-family of amino transferases (ATAs). An on-line HPLC system was applied to avoid manual sample handling and to semi-automatically characterize ω-transaminases in a scaled-down packed-bed reactor (PBR) module, showing MPPA as a strong inhibitor. To overcome the inhibition, a two-step liquid-liquid extraction (LLE) ISPR concept was tested using scaled-down unit operations combined in a plug-and-play manner. Through the tested ISPR concept, it was possible to continuously feed the main substrate benzylacetone (BA) and extract the main product MPPA throughout the reaction, thereby overcoming the challenges of low substrate solubility and product inhibition. The tested ISPR concept achieved a product concentration of 26.5 g MPPA  · L -1 , a purity up to 70% g MPPA  · g tot -1 and a recovery in the range of 80% mol · mol -1 of MPPA in 20 h, with the possibility to increase the concentration, purity, and recovery further. Biotechnol. Bioeng. 2017;114: 600-609. © 2016 Wiley Periodicals, Inc. © 2016 Wiley Periodicals, Inc.

Principles for determining the economic competence of production units

Energy Technology Data Exchange (ETDEWEB)

Gubanova, O D; Makhlina, M I

1980-01-01

In the general plan for controlling the sector ''Geology and Exploration of the Depths'', a reduction is stipulated in the number of independent organizations and their inclusion as production units in the production geological associations. Distribution of rights and duties between the association and the production units is very important. Presentation to rights of the leaders to the lowest level to independently solve operational questions allows the leadership of the association to focus attention on solving major problems. The production units are given qualitative fulfillment of geological and production assignments, guarantee of improved efficiency of work, labor productivity and decrease in cost of the work; introduction of the latest achievements of science and technology; observation of the regime for conservation and efficient use of monetary resources, material and labor resources. There are natural interrelationships between specialization of production, centralization of the control functions and a change in the volume of authority of the production units. The legal status of the production unit is presented in two documents: statutes on the production geological association and statutes on the given production unit approved by the general director of the association. Principles are revealed for centralizing the rights needed to fulfill the functions following from national economic responsibility of the production geological association. This is long-term planning and forecasting, control of scientific-technical progress, scientific research, etc., control of the property, establishment of unified conditions for organization of labor and wages, construction, etc.

Private Education in the Absence of a Public Option: The Cases of the United Arab Emirates and Qatar

Science.gov (United States)

Ridge, Natasha Y.; Shami, Soha; Kippels, Susan M.

2016-01-01

In the face of rising demand for private schooling in the United Arab Emirates (UAE) and Qatar, a lack of affordable schooling options, monopolistic behavior of private education providers, and unpredictable government regulations have created a complex and unequal education sector. This research employs a mixed methods comparative approach to…

Social and Business Entrepreneurship as Career Options for University Students in the United Arab Emirates: The Drive-Preparedness Gap

Science.gov (United States)

Ashour, Sanaa

2016-01-01

With limited employment opportunities, entrepreneurship is becoming a viable option to combat unemployment. This study explores undergraduate students' attitudes towards business and social entrepreneurship in the United Arab Emirates (UAE), assuming that the lack of awareness among students regarding social entrepreneurship and the lack of…

Understanding Carbon Sequestration Options in the United States: Capabilities of a Carbon Management Geographic Information System

Energy Technology Data Exchange (ETDEWEB)

Dahowski, Robert T.; Dooley, James J.; Brown, Daryl R.; Mizoguchi, Akiyoshi; Shiozaki, Mai

2001-04-03

While one can discuss various sequestration options at a national or global level, the actual carbon management approach is highly site specific. In response to the need for a better understanding of carbon management options, Battelle in collaboration with Mitsubishi Corporation, has developed a state-of-the-art Geographic Information System (GIS) focused on carbon capture and sequestration opportunities in the United States. The GIS system contains information (e.g., fuel type, location, vintage, ownership, rated capacity) on all fossil-fired generation capacity in the Untied States with a rated capacity of at least 100 MW. There are also data on other CO2 sources (i.e., natural domes, gas processing plants, etc.) and associated pipelines currently serving enhanced oil recovery (EOR) projects. Data on current and prospective CO2 EOR projects include location, operator, reservoir and oil characteristics, production, and CO2 source. The system also contains information on priority deep saline aquifers and coal bed methane basins with potential for sequestering CO2. The GIS application not only enables data storage, flexible map making, and visualization capabilities, but also facilitates the spatial analyses required to solve complex linking of CO2 sources with appropriate and cost-effective sinks. A variety of screening criteria (spatial, geophysical, and economic) can be employed to identify sources and sinks most likely amenable to deployment of carbon capture and sequestration systems. The system is easily updateable, allowing it to stay on the leading edge of capture and sequestration technology as well as the ever-changing business landscape. Our paper and presentation will describe the development of this GIS and demonstrate its uses for carbon management analysis.

Disposal/recovery options for brine waters from oil and gas production in New York State. Final report

Energy Technology Data Exchange (ETDEWEB)

Matsumoto, M.R.; Atkinson, J.F.; Bunn, M.D.; Hodge, D.S.

1996-03-01

Produced water from oil and gas operations, or brine as it is typically referred, may be characterized as being highly saline, with total dissolved solids greater than 100 g/L. If these bribes are disposed improperly there may be severe adverse environmental effects. Thus, it is important that brine be disposed using environmentally sound methods. Unfortunately, costs for the disposal of brine water are a significant burden to oil and gas producers in New York State. These costs and the relatively low market price of oil and natural gas have contributed to the decline in gas and oil production in New York State during the past 10 years. The objectives of this study were to evaluate new and existing options for brine disposal in New York State, examine the technical and economic merits of these options, and assess environmental impacts associated with each option. Two new disposal options investigated for New York State oil and gas producers included construction of a regional brine treatment facility to treat brine prior to discharge into a receiving water and a salt production facility that utilizes produced water as a feed stock. Both options are technically feasible; however, their economic viability depends on facility size and volume of brine treated.

Disposal/recovery options for brine waters from oil and gas production in New York State. Final report

International Nuclear Information System (INIS)

Matsumoto, M.R.; Atkinson, J.F.; Bunn, M.D.; Hodge, D.S.

1996-03-01

Produced water from oil and gas operations, or brine as it is typically referred, may be characterized as being highly saline, with total dissolved solids greater than 100 g/L. If these bribes are disposed improperly there may be severe adverse environmental effects. Thus, it is important that brine be disposed using environmentally sound methods. Unfortunately, costs for the disposal of brine water are a significant burden to oil and gas producers in New York State. These costs and the relatively low market price of oil and natural gas have contributed to the decline in gas and oil production in New York State during the past 10 years. The objectives of this study were to evaluate new and existing options for brine disposal in New York State, examine the technical and economic merits of these options, and assess environmental impacts associated with each option. Two new disposal options investigated for New York State oil and gas producers included construction of a regional brine treatment facility to treat brine prior to discharge into a receiving water and a salt production facility that utilizes produced water as a feed stock. Both options are technically feasible; however, their economic viability depends on facility size and volume of brine treated

Integrated weed management for sustainable rice production: concepts, perspectives and options

International Nuclear Information System (INIS)

Amartalingam Rajan

2002-01-01

Weed management has always been in some way integrated with cultural and biological methods, probably occurring more fortuitously than purposefully. Experience has shown that repeated use of any weed control technique especially in monocultures production systems results in rapid emergence of weeds more adapted to the new practice. In intensive high input farming systems, heavy selection pressure for herbicide tolerant weeds and the environmental impacts of these inputs are important tissues that require a good understanding of agroecosystem for successful integration of available options. Rice culture, in particular flooded rice culture has always employed integration through an evolution of management practices over the generations. However, a vast majority office farmers in Asia have yet to achieve the high returns realised by farmers elsewhere, where a near optimum combination of high inputs are being effectively integrated for maximum productivity. In addition to technological and management limitations, farmers in developing countries are faced with social, economic and policy constraints. On the other hand, farmers who had achieved considerable increases in productivity through labour replacing technologies, in particular direct seeding with the aid of herbicides, are now faced with issues related to environmental concerns due to high levels of these inputs. The issues facing weed scientists and farmers alike in managing weeds effectively and in a manner to ensure sustainability have become more challenging than ever before. In the last two decades, no issue has been discussed so. intensively as Sustainable Farming, Sustainable Agriculture or Alternative Agriculture within the broader global concept of Sustainable Development. To address these challenges a clear perspective of sustainable farming is essential. This paper addresses these concepts, perspectives and options for choices in weed management for sustainable rice production. (Author)

Analysis of Product Sampling for New Product Diffusion Incorporating Multiple-Unit Ownership

Directory of Open Access Journals (Sweden)

Zhineng Hu

2014-01-01

Full Text Available Multiple-unit ownership of nondurable products is an important component of sales in many product categories. Based on the Bass model, this paper develops a new model considering the multiple-unit adoptions as a diffusion process under the influence of product sampling. Though the analysis aims to determine the optimal dynamic sampling effort for a firm and the results demonstrate that experience sampling can accelerate the diffusion process, the best time to send free samples is just before the product being launched. Multiple-unit purchasing behavior can increase sales to make more profit for a firm, and it needs more samples to make the product known much better. The local sensitivity analysis shows that the increase of both external coefficients and internal coefficients has a negative influence on the sampling level, but the internal influence on the subsequent multiple-unit adoptions has little significant influence on the sampling. Using the logistic regression along with linear regression, the global sensitivity analysis gives a whole analysis of the interaction of all factors, which manifests the external influence and multiunit purchase rate are two most important factors to influence the sampling level and net present value of the new product, and presents a two-stage method to determine the sampling level.

7 CFR 457.172 - Coverage Enhancement Option.

Science.gov (United States)

2010-01-01

... 7 Agriculture 6 2010-01-01 2010-01-01 false Coverage Enhancement Option. 457.172 Section 457.172..., DEPARTMENT OF AGRICULTURE COMMON CROP INSURANCE REGULATIONS § 457.172 Coverage Enhancement Option. The Coverage Enhancement Option for the 2009 and succeeding crop years are as follows: FCIC policies: United...

Ranking production units according to marginal efficiency contribution

DEFF Research Database (Denmark)

Ghiyasi, Mojtaba; Hougaard, Jens Leth

League tables associated with various forms of service activities from schools to hospitals illustrate the public need for ranking institutions by their productive performance. We present a new method for ranking production units which is based on each units marginal contribution to the technical...

Cell phone recycling experiences in the United States and potential recycling options in Brazil.

Science.gov (United States)

Silveira, Geraldo T R; Chang, Shoou-Yuh

2010-11-01

This paper presents an overview of cell phone recycling programs currently available in the United States. At the same time, it also provides analyses of the current recycling situation and possible recycling alternatives for Brazil. Although there are several recycling options in the United States, collection rates are still only 10% of all potential devices because customers are not aware of these possibilities. The whole system is financially based on reselling refurbished cell phones and recycled materials to developing countries which represent an effective and strong market. Several recyclers offer funds to collection partners who are either charities or who work with charities while obtaining the materials that they need in order to run their operations. A mobile phone recycling system for Brazil considering the United States experience and the Extended Producer Responsibility (EPR) principle is suggested. A deposit/refund/advance-recycling fee is proposed which might be implemented as a voluntary industrial initiative managed by PRO Brazil, a producer responsibility organization. One widespread public-private agreement will integrate all mobile phone stakeholders, and environmental education actions and promotional events will promote citizen's participation. Copyright © 2010 Elsevier Ltd. All rights reserved.

Production of {sup 177}Lu for targeted radionuclide therapy: Available options

Energy Technology Data Exchange (ETDEWEB)

Dah, Ashutosh [Isotope Production and Applications Division, Bhabha Atomic Research Centre (BARC), Mumbai (India); Pillai, Maroor Raghavan Ambikalmajan [Molecular Group of Companies. Kerala (India); Knapp, Furn F. Jr. [Medical Isotopes Program, Isotope Dept. Group, Oak Ridge National Laboratory (ORNL), Oak Ridge (United States)

2015-06-15

This review provides a comprehensive summary of the production of {sup 177}Lu to meet expected future research and clinical demands. Availability of options represents the cornerstone for sustainable growth for the routine production of adequate activity levels of {sup 177}Lu having the required quality for preparation of a variety of {sup 177}Lu-labeled radiopharmaceuticals. The tremendous prospects associated with production of {sup 177}Lu for use in targeted radionuclide therapy (TRT) dictate that a holistic consideration should evaluate all governing factors that determine its success. While both “direct” and “indirect” reactor production routes offer the possibility for sustainable {sup 177}Lu availability, there are several issues and challenges that must be considered to realize the full potential of these production strategies. This article presents a mini review on the latest developments, current status, key challenges and possibilities for the near future. A broad understanding and discussion of the issues associated with {sup 177}Lu production and processing approaches would not only ensure sustained growth and future expansion for the availability and use of {sup 177}Lu-labeled radiopharmaceuticals, but also help future developments.

Optimal electricity generation system expansion and nuclear power option in Belarus

International Nuclear Information System (INIS)

Yakushau, A.; Mikhalevich, A.

2000-01-01

After having declared independence, the Republic of Belarus was forced to import 90% of fuel consumed and 25% of electricity. The deficit of peak electric capacity reached 40%. The imported fuel covers the last years because the drop in the production reduced the energy consumption in the Republic but not the needs of the energy sector. Annual payments for imported fuel and electricity are equal to the sum of an annual state budget of Belarus (about 1.5 billion USD) and current debts were not lower 300 million. Comparative analysis of the different scenarios of the electricity generation system expansion showed that an optimum way for electricity generation is installation of the combine cycle units and construction nuclear power plants. The results of the study also showed that the option based on replacement of deficit of the electricity generation by the way of the construction combine cycle units with capacities 450 MW turned out to be the best solution among non nuclear options. (author)

Evaluation of cleaner production options in dyeing and printing industry: Using combination weighting method

Science.gov (United States)

Kang, Hong; Zhang, Yun; Hou, Haochen; Sun, Xiaoyang; Qin, Chenglu

2018-03-01

The textile industry has a high environmental impact so that implementing cleaner production audit is an effective way to achieve energy conservation and emissions reduction. But the evaluation method in current cleaner production audit divided the evaluation of CPOs into two parts: environment and economy. The evaluation index system was constructed from three criteria of environment benefits, economy benefits and product performance; weights of five indicators were determined by combination weights of entropy method and factor weight sorting method. Then efficiencies were evaluated comprehensively. The results showed that the best alkali recovery option was the nanofiltration membrane method (S=0.80).

On Tour... Primary Hardwood Processing, Products and Recycling Unit

Science.gov (United States)

Philip A. Araman; Daniel L. Schmoldt

1995-01-01

Housed within the Department of Wood Science and Forest Products at Virginia Polytechnic Institute is a three-person USDA Forest Service research work unit (with one vacancy) devoted to hardwood processing and recycling research. Phil Araman is the project leader of this truly unique and productive unit, titled ãPrimary Hardwood Processing, Products and Recycling.ä The...

Comparison of integration options for gasification-based biofuel production systems – Economic and greenhouse gas emission implications

International Nuclear Information System (INIS)

Holmgren, Kristina M.; Berntsson, Thore S.; Andersson, Eva; Rydberg, Tomas

2016-01-01

The impact of different integration options for gasification-based biofuel production systems producing synthetic natural gas, methanol and FT (Fischer-Tropsch) fuels on the NAP (net annual profit), FPC (fuel production cost) and the GHG (greenhouse gas) emission reduction potential are analysed. The considered integration options are heat deliveries to DH (district heating) systems or to nearby industries and integration with infrastructure for CO_2 storage. The comparison is made to stand-alone configurations in which the excess heat is used for power production. The analysis considers future energy market scenarios and case studies in southwestern Sweden. The results show that integration with DH systems has small impacts on the NAP and the FPC and diverging (positive or negative) impacts on the GHG emissions. Integration with industries has positive effects on the economic and GHG performances in all scenarios. The FPCs are reduced by 7–8% in the methanol case and by 12–13% in the FT production case. The GHG emission reductions are strongly dependent on the reference power production. The storage of separated CO_2 shows an increase in the GHG emission reduction potential of 70–100% for all systems, whereas the impacts on the economic performances are strongly dependent on the CO_2_e-charge. - Highlights: • Three gasification-based biofuel production systems at case study sites are analysed. • Greenhouse gas emissions reduction potential and economic performance are evaluated. • Impact of integration with adjacent industry or district heating systems is analysed. • The assessment comprises future energy market scenarios including CCS infrastructure. • Utilisation options for excess heat significantly impact the evaluated parameters.

Product quality of parenteral vancomycin products in the United States.

Science.gov (United States)

Nambiar, S; Madurawe, R D; Zuk, S M; Khan, S R; Ellison, C D; Faustino, P J; Mans, D J; Trehy, M L; Hadwiger, M E; Boyne, M T; Biswas, K; Cox, E M

2012-06-01

In response to concerns raised about the quality of parenteral vancomycin products, the U.S. Food and Drug Administration (FDA) is investigating the product quality of all FDA-approved parenteral vancomycin products available in the United States. Product quality was evaluated independently at two FDA Office of Testing and Research (FDA-OTR) sites. In the next phase of the investigation, being done in collaboration with the National Institute of Allergy and Infectious Diseases, the in vivo activity of these products will be evaluated in an appropriate animal model. This paper summarizes results of the FDA investigation completed thus far. One site used a validated ultrahigh-pressure liquid chromatography method (OTR-UPLC), and the second site used the high-performance liquid chromatography (HPLC) method for related substances provided in the British Pharmacopeia (BP) monograph for vancomycin intravenous infusion. Similar results were obtained by the two FDA-OTR laboratories using two different analytical methods. The products tested had 90 to 95% vancomycin B (active component of vancomycin) by the BP-HPLC method and 89 to 94% vancomycin by OTR-UPLC methods. Total impurities were 5 to 10% by BP-HPLC and 6 to 11% by OTR-UPLC methods. No single impurity was >2.0%, and the CDP-1 level was ≤ 2.0% across all products. Some variability in impurity profiles of the various products was observed. No adverse product quality issues were identified with the six U.S. vancomycin parenteral products. The quality parameters of all parenteral vancomycin products tested surpassed the United States Pharmacopeia acceptance criteria. Additional testing will characterize in vivo performance characteristics of these products.

Retrospective insights from real options in R&D

NARCIS (Netherlands)

Lint, L.J.O.

2000-01-01

Absent empirical validation of real option pricing in R&D, we discuss the evolution of three cases in R&D option valuation. The first case concerns an option on conversion of an existing production process. The other two cases concern R&D to develop new product technology in the consumer electronics

Options Study - Phase II

Energy Technology Data Exchange (ETDEWEB)

R. Wigeland; T. Taiwo; M. Todosow; W. Halsey; J. Gehin

2010-09-01

The Options Study has been conducted for the purpose of evaluating the potential of alternative integrated nuclear fuel cycle options to favorably address the issues associated with a continuing or expanding use of nuclear power in the United States. The study produced information that can be used to inform decisions identifying potential directions for research and development on such fuel cycle options. An integrated nuclear fuel cycle option is defined in this study as including all aspects of the entire nuclear fuel cycle, from obtaining natural resources for fuel to the ultimate disposal of used nuclear fuel (UNF) or radioactive wastes. Issues such as nuclear waste management, especially the increasing inventory of used nuclear fuel, the current uncertainty about used fuel disposal, and the risk of nuclear weapons proliferation have contributed to the reluctance to expand the use of nuclear power, even though it is recognized that nuclear power is a safe and reliable method of producing electricity. In this Options Study, current, evolutionary, and revolutionary nuclear energy options were all considered, including the use of uranium and thorium, and both once-through and recycle approaches. Available information has been collected and reviewed in order to evaluate the ability of an option to clearly address the challenges associated with the current implementation and potential expansion of commercial nuclear power in the United States. This Options Study is a comprehensive consideration and review of fuel cycle and technology options, including those for disposal, and is not constrained by any limitations that may be imposed by economics, technical maturity, past policy, or speculated future conditions. This Phase II report is intended to be used in conjunction with the Phase I report, and much information in that report is not repeated here, although some information has been updated to reflect recent developments. The focus in this Options Study was to

Energy options in the United Kingdom

Energy Technology Data Exchange (ETDEWEB)

Evans, S C [ed.

1975-01-01

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

Option managing for radioactive metallic waste from the decommissioning of Kori Unit 1

Energy Technology Data Exchange (ETDEWEB)

Kessel, David S.; Kim, Chagn Lak [KEPCO International Nuclear Graduate School (KINGS), Ulsan (Korea, Republic of)

2017-06-15

The purpose of this paper is to evaluate several leading options for the management of radioactive metallic waste against a set of general criteria including safety, cost effectiveness, radiological dose to workers and volume reduction. Several options for managing metallic waste generated from decommissioning are evaluated in this paper. These options include free release, controlled reuse, and direct disposal of radioactive metallic waste. Each of these options may involve treatment of the metal waste for volume reduction by physical cutting or melting. A multi-criteria decision analysis was performed using the Analytic Hierarchy Process (AHP) to rank the options. Melting radioactive metallic waste to produce metal ingots with controlled reuse or free release is found to be the most effective option.

Option Derivatives in Electricity Hedging

Directory of Open Access Journals (Sweden)

P. Pavlátka

2010-01-01

Full Text Available Despite the high volatility of electricity prices, there is still little demand for electricity power options, and the liquidity on the power exchanges of these power derivatives is quite low. One of the reasons is the uncertainty about how to evaluate these electricity options and about finding the right fair value of this product. Hedging of electricity is associated mainly with products such as futures and forwards. However, due to new trends in electricity trading and hedging, it is also useful to think more about options and the principles for working with them in hedging various portfolio positions and counterparties. We can quite often encounter a situation when we need to have a perfect hedge for our customer’s (end user consuming electricity portfolio, or we have to evaluate the volumetric risk (inability of a customer to predict consumption, which is very similar to selling options. Now comes the moment to compare the effects of using options or futures to hedge these open positions. From a practical viewpoint, the Black-Scholes prices appear to be the best available and the simplest method for evaluating option premiums, but there are some limitations that we have to consider.

Cleaner production options for reducing industrial waste: the case of batik industry in Malang, East Java-Indonesia

Science.gov (United States)

Sirait, M.

2018-01-01

The aim of this research is to conduct cleaner production options for improving the environmental performance during the production of batik industry, the case of UKM batik, Malang, East Java. Batik industry is one of small and medium textile industry which has contribution to economic growth in Malang. However, during production the batik, it generates wastewater that has potential to decrease the environmental performance. Wastewater from Celaket batik industry has BOD, COD, TSS, and pH level is far larger than the threshold of water quality standard as a result of use chemical substance during the dyes processing. In order to prevent generating wastewater, this study utilized cleaner production options, such as substitution of input material.Substitution of input material for dyes process was implemented by replacement chemical dyes (e.g.indigosol, nafthol, rapid) with natural dyes (e.g. Indigofero Tintoria). Modifying of technology/equipment was conducted by developing wastewater treatment equipment to reduce waste of batik production. The implementation of this strategy was carried out by changing input material from chemical dyes with natural dyes. The CP uptake could reduce significantly the environmental impact in term of reduction of COD, BOD, and TSS.

76 FR 6095 - Commodity Options and Agricultural Swaps

Science.gov (United States)

2011-02-03

... options authorized under Sec. 32.4 (e.g. options on coffee, sugar, cocoa, and other agricultural products...) imposing clearing and trade execution requirements on standardized derivative products; (3) creating robust..., soybean meal, livestock, livestock products, and frozen concentrated orange juice (but not onions). \\22...

Market based generation: A promising market management option

International Nuclear Information System (INIS)

Siddiqi, R.

1992-01-01

It is proposed to ease the tension between demand management and supply side management at electric utilities through the introduction of a concept called market management. Market management provides a framework for developing and evaluating the attractiveness of new products and services such as dispersed generation hardware, implementation services, and complementary pricing structures. A market management strategy is the definition of market segments, creating products for those segments, evaluation of the profitability of the product-segment combinations, commitment of resources to those segments, and development of product and marketing plans for those segments. A brief analysis of backup generation is presented as an example of market management. In this example, the customer that is backed up shares some portion of the capital and maintenance costs of the backup unit through priority service rates; the utility and customers that are not backed up can obtain the use of the generating resource but pay only a portion of its costs. Backup generation programs have been found to provide utilities with the ability to meet peak load requirements more cheaply than by investing in peaking capacity. Other benefits for utilities include protection of market share, more efficient rates, and a new source of revenues. With the advances in the technology of small-scale generation, utilities can examine bundling various pricing options with market based generation to offer alternative value-added service options to customer segments with demand characteristics that make these technologies attractive. 3 figs

Survey Probability and Factors affecting Farmers Participation in Future and Option Markets Case Study: Cotton product in Gonbad kavos city

Directory of Open Access Journals (Sweden)

F. sakhi

2016-03-01

Full Text Available Introduction: Farmers are facing with a variety of natural and unnatural risks in agricultural activities, and thus their income is unstable. A wide range of risks such as risks of production, price risk, financial and human risks, influence the income of agricultural products. One of the major risks that farmers faced is the risk of price volatility of agricultural products. Cotton is one of the agricultural products with high real price volatility. Numerous tools for marketing and risk management for agricultural products in the face of price risks are available. Futures and options contracts may be the most important available tools (to reduce price volatility in agricultural products. The purpose of the current study was to look at the possibility of farmers participations in the future and option markets that presented as a means to reduce the cotton prices volatility. The dependent variable for this purpose had four categories and these included: participate in both the market, participation in the future market, participation in the option market and participation in both future and option markets. Materials and Methods: data gathered with interview and completing 200 questionnaires of cotton growers using simple random sampling. Multinomial Logit Regression Model was used for data analysis. Results and Discussion: To measure content validity of the preliminary study the validity of confirmatory factor analysis were used. For calculating reliability, the pre-test done with 30 questionnaires and reliability, coefficient Cronbach alpha was 0.79. The independence of dependent variables categories was confirmed by Hausman test results. The Likelihood ratio and Wald showed these categories are not combinable. Results indicated into period 2014 -2015 and the sample under study, 35% of cotton growers unwilling to participate in future and option markets. Farmers willingness to participate in future and option market was 19% and %21

Contribution to the economic impact assessment of policy options to regulate animal cloning for food production with an economic simulation model

OpenAIRE

Koen Dillen; Emanuele Ferrari; Pascal Tillie; George Philippidis; Sophie Helaine

2013-01-01

The EU is currently evaluating different policy options towards the use of cloning or products derived from cloned animals in the food chain. This study presents a first attempt to quantify the likely effects of different policy scenarios on international trade and EU domestic production. In the context of the Impact Asessment process the JRC was requested to simulate via a modelling study the economic impact of selected policy options. Based on a literature review and the specific constra...

General equilibrium effects of a supply side GHG mitigation option under the Clean Development Mechanism.

Science.gov (United States)

Timilsina, Govinda R; Shrestha, Ram M

2006-09-01

The Clean Development Mechanism (CDM) under the Kyoto Protocol to the United Nations Framework Convention on Climate Change is considered a key instrument to encourage developing countries' participation in the mitigation of global climate change. Reduction of greenhouse gas (GHG) emissions through the energy supply and demand side activities are the main options to be implemented under the CDM. This paper analyses the general equilibrium effects of a supply side GHG mitigation option-the substitution of thermal power with hydropower--in Thailand under the CDM. A static multi-sector general equilibrium model has been developed for the purpose of this study. The key finding of the study is that the substitution of electricity generation from thermal power plants with that from hydropower plants would increase economic welfare in Thailand. The supply side option would, however, adversely affect the gross domestic product (GDP) and the trade balance. The percentage changes in economic welfare, GDP and trade balance increase with the level of substitution and the price of certified emission reduction (CER) units.

Biofuels Fuels Technology Pathway Options for Advanced Drop-in Biofuels Production

Energy Technology Data Exchange (ETDEWEB)

Kevin L Kenney

2011-09-01

Advanced drop-in hydrocarbon biofuels require biofuel alternatives for refinery products other than gasoline. Candidate biofuels must have performance characteristics equivalent to conventional petroleum-based fuels. The technology pathways for biofuel alternatives also must be plausible, sustainable (e.g., positive energy balance, environmentally benign, etc.), and demonstrate a reasonable pathway to economic viability and end-user affordability. Viable biofuels technology pathways must address feedstock production and environmental issues through to the fuel or chemical end products. Potential end products include compatible replacement fuel products (e.g., gasoline, diesel, and JP8 and JP5 jet fuel) and other petroleum products or chemicals typically produced from a barrel of crude. Considering the complexity and technology diversity of a complete biofuels supply chain, no single entity or technology provider is capable of addressing in depth all aspects of any given pathway; however, all the necessary expert entities exist. As such, we propose the assembly of a team capable of conducting an in-depth technology pathway options analysis (including sustainability indicators and complete LCA) to identify and define the domestic biofuel pathways for a Green Fleet. This team is not only capable of conducting in-depth analyses on technology pathways, but collectively they are able to trouble shoot and/or engineer solutions that would give industrial technology providers the highest potential for success. Such a team would provide the greatest possible down-side protection for high-risk advanced drop-in biofuels procurement(s).

24 CFR 982.634 - Homeownership option: Maximum term of homeownership assistance.

Science.gov (United States)

2010-04-01

... VOUCHER PROGRAM Special Housing Types Homeownership Option § 982.634 Homeownership option: Maximum term of... unit during the time that homeownership payments are made; or (2) Is the spouse of any member of the household who has an ownership interest in the unit during the time homeownership payments are made. (c...

Western United States Dams Challenges Faced, Options, and Opportunities

Science.gov (United States)

Raff, D.

2017-12-01

Water management in the Western United States relies significantly upon a fleet of small to very large engineered dams to store water during times of runoff and distribute that water during times of need. Much of this infrastructure is Federally owned and/or operated, and was designed and funded during the first half of the twentieth century through a complex set of repayment contracts for Federally authorized purposes addressing water supply, recreation, and hydropower, and other water management objectives. With environmental laws, namely the Endangered Species Act, and other environmental concerns taking a more active role in water resources in the mid to latter half of the twentieth century, this infrastructure is being stressed even greater than anticipated to provide authorized purposes. Additionally, weather and climate norms being experienced are certainly near the edges, if not outside, of anticipated variability in the climate and hydrology scenarios for which the infrastructure was designed. And, finally, these dams, economically designed for a lifespan of 50 - 100 years, are experiencing maintenance challenges from routine to significant. This presentation will focus on identifying some of the history and challenges facing the water infrastructure in the Western United States. Additionally, some perspectives on future paths to meet the needs of western irrigation and hydropower production will be provided.

Measuring healthcare productivity - from unit to system level.

Science.gov (United States)

Kämäräinen, Vesa Johannes; Peltokorpi, Antti; Torkki, Paulus; Tallbacka, Kaj

2016-04-18

Purpose - Healthcare productivity is a growing issue in most Western countries where healthcare expenditure is rapidly increasing. Therefore, accurate productivity metrics are essential to avoid sub-optimization within a healthcare system. The purpose of this paper is to focus on healthcare production system productivity measurement. Design/methodology/approach - Traditionally, healthcare productivity has been studied and measured independently at the unit, organization and system level. Suggesting that productivity measurement should be done in different levels, while simultaneously linking productivity measurement to incentives, this study presents the challenges of productivity measurement at the different levels. The study introduces different methods to measure productivity in healthcare. In addition, it provides background information on the methods used to measure productivity and the parameters used in these methods. A pilot investigation of productivity measurement is used to illustrate the challenges of measurement, to test the developed measures and to prove the practical information for managers. Findings - The study introduces different approaches and methods to measure productivity in healthcare. Practical implications - A pilot investigation of productivity measurement is used to illustrate the challenges of measurement, to test the developed measures and to prove the practical benefits for managers. Originality/value - The authors focus on the measurement of the whole healthcare production system and try to avoid sub-optimization. Additionally considering an individual patient approach, productivity measurement is examined at the unit level, the organizational level and the system level.

Benefit/cost analysis of plutonium recycle options in the United States

International Nuclear Information System (INIS)

Lowenberg, H.; Burnham, J.B.; Fisher, F.; Ray, W.H.

1977-01-01

Predictable effects of the recycle of plutonium and uranium recovered from spent LWR fuels were assessed in a final environmental statement (GESMO). Five alternative dispositions of LWR-produced plutonium ranging from prompt recycle of recovered plutonium and uranium to no recovery and no recycle are compared. The assessments consider cumulative effects for the period 1975 through 2000, and are centered on a conservative low growth rate resulting in about 500 LWR's in the U.S. in 2000. A more optimistic growth projection resulting in about 800 LWR's in 2000 is also analyzed in order to assess the effects of industry size upon the impacts. Demands for fuel cycle services were calculated with an ERDA program, NUFUEL, which was modified to include penalties for 236 U and 242 Pu. Unit cost data, including a simulation of market place reaction to supply-demand functions for uranium costs, were combined with the NUFUEL demand data in an economics code, NUCOST. Environmental impacts were also based upon NUFUEL demand data and were developed using a model plant industry concept. Using the most likely unit costs with a 10% discount rate, present worth incentives for prompt recycle over no recycle of $3.2 billion for the lower growth and about $6 billion for the higher growth were indicated. Present worth costs of delays in recycle of up to 5 years were less than $1 billion. Sensitivity of the economic assessments to unit cost variations and discount rates were also evaluated. Environmental impacts other than radiological were lowest for prompt Pu recycle and highest for no recycle. Radiological impacts for the total world wide total body exposure from U.S. industry for the 26 year period were estimated to be: - No recycle-8.2 million person-rem; U only recycle-9.5 million person-rem; Pu and U recycle-8.8 million person-rem. Comparison of the decreased radiological impact of the no recycle option with its increased costs relative to prompt plutonium recycle resulted in a

75 FR 13345 - Pricing for Certain United States Mint Products

Science.gov (United States)

2010-03-19

... DEPARTMENT OF THE TREASURY United States Mint Pricing for Certain United States Mint Products AGENCY: United States Mint, Department of the Treasury. ACTION: Notice. SUMMARY: The United States Mint is announcing the price of First Spouse Bronze Medals and 2010 First Spouse Bronze Medal Series: Four...

Union Spinning Mills - Cleaner Production option report

DEFF Research Database (Denmark)

Wenzel, Henrik; Schneider, Zsig

operations in the dyehouse, and water and energy balances were made to the extent data allowed. A number of options for saving water, energy and chemicals were identified. The potentials monetary savings and necessary investments were estimated, and a list of priority projects including milestone plans...

Development of real options model for nuclear power plants

International Nuclear Information System (INIS)

Ono, Kenji

2004-01-01

As the Japanese electricity market is deregulated, it becomes more important for electric utilities to recognize their financial risks and to adopt strategic and scientific decision making methodology. We have developed two models for valuation of Japanese nuclear power plants to support utilities' decision making. One is a net present value (NPV) model using discounted cash flow analysis method. Another is a real options model. This model is based on strict financial technology theory and can calculate value of early retirement, life extension and new unit addition options of nuclear units under electricity price uncertainty. This can also derive an optimal period for retirement, life extension and new unit addition. (author)

An evaluation of greenhouse gas mitigation options for coal-fired power plants in the US Great Lakes States

International Nuclear Information System (INIS)

Froese, Robert E.; Shonnard, David R.; Miller, Chris A.; Koers, Ken P.; Johnson, Dana M.

2010-01-01

We assessed options for mitigating greenhouse gas emissions from electricity generation in the US Great Lakes States, a region heavily dependent on coal-fired power plants. A proposed 600 MW power plant in northern Lower Michigan, USA provided context for our evaluation. Options to offset fossil CO 2 emissions by 20% included biomass fuel substitution from (1) forest residuals, (2) short-rotation woody crops, or (3) switchgrass; (4) biologic sequestration in forest plantations; and (5) geologic sequestration using CO 2 capture. Review of timber product output data, land cover data, and expected energy crop productivity on idle agriculture land within 120 km of the plant revealed that biomass from forestry residuals has the potential to offset 6% and from energy crops 27% of the annual fossil fuel requirement. Furthermore, annual forest harvest in the region is only 26% of growth and the surplus represents a large opportunity for forest products and bioenergy applications. We used Life Cycle Assessment (LCA) to compare mitigation options, using fossil energy demand and greenhouse gas emissions per unit electricity generation as criteria. LCA results revealed that co-firing with forestry residuals is the most attractive option and geologic sequestration is the least attractive option, based on the two criteria. Biologic sequestration is intermediate but likely infeasible because of very large land area requirements. Our study revealed that biomass feedstock potentials from land and forest resources are not limiting mitigation activities, but the most practical approach is likely a combination of options that optimize additional social, environmental and economic criteria.

Warranty of Misinforming as an Option in Product Utilization Process

Directory of Open Access Journals (Sweden)

Dimitar Grozdanov Christozov

2016-05-01

Full Text Available The following definition of “option” is given in Wikipedia - “In finance, an option is a contract, which gives the buyer (the owner or holder the right, but not the obligation, to buy or sell an underlying asset or instrument at a specified strike price on or before a specified date, depending on the form of the option” (“Option,” n.d.. Option as a risk management (mitigation tool is broadly used in finance and trade. At the same time, it introduces asymmetry in the sense that, probabilistically, it limits the level of losses (e.g., the price of the option and allows for unlimited gains. In the market of sophisticated devices (as smart phones, tablets, etc., where technologies are rapidly advancing, customers usually do not have the experience to use all features of the device at the time of the purchase. Due to the lack of appropriate expertise, the risk of misinforming, leading to not purchasing the “right” device is high, but given enough time to learn the capabilities of the device and map these to the needs and tasks that device will be used for, could provide the client with substantial long term benefits. Warranty of misinforming is a mechanism that provides the client with the opportunity to explore the device and master its features under limited risk of financial losses. Thus, the warranty of misinforming could be considered as an option - the custom-ers buy it (at a fixed cost and may gain (theoretically unlimited benefit by realizing (within the terms of the warranty that the device can be used to solve a variety of problems not envisaged at the time of purchase. In this study we present the idea of treating the warranty of misinforming as an option in finances and provide examples to illustrate our viewpoint.

Real options and volume uncertainty by field development projects

International Nuclear Information System (INIS)

Ekern, S.; Stensland, G.

1993-12-01

The report concerns a study on the use of option methodology in field development projects. The report shows how the value of flexibility in the different decision processes is to be found by means of real option methodology. Particular attention is laid on the uncertainty concerning the volume of reserves and production capacity. The results from the study were based on the research project dubbed ''Use of real options in field development projects''. The project is partially connected to another project dubbed ''Decisive behaviour and alternative action under uncertainty in the petroleum sector''. Main topics cover as follow: Example with volume uncertainty; real options and volume uncertainty; gradual disclosure of uncertainty in the production; value of flexible production equipment. 33 refs., 19 figs., 17 tabs

The Proximate Unit in Chinese Handwritten Character Production

Directory of Open Access Journals (Sweden)

Jenn-Yeu eChen

2013-08-01

Full Text Available In spoken word production, a proximate unit is the first phonological unit at the sublexical level that is selectable for production (O’Seaghdha, Chen, & Chen, 2010. The present study investigated whether the proximate unit in Chinese handwritten word production is the stroke, the radical, or something in between. A written version of the form preparation task was adopted. Chinese participants learned sets of two-character words, later were cued with the first character of each word, and had to write down the second character (the target. Response times were measured from the onset of a cue character to the onset of a written response. In Experiment 1, the target characters within a block shared (homogeneous or did not share (heterogeneous the first stroke. In Experiment 2, the first two strokes were shared in the homogeneous blocks. Response times in the homogeneous blocks and in the heterogeneous blocks were comparable in both experiments (Exp. 1: 687 ms vs. 684 ms, Exp. 2: 717 vs. 716. In Experiment 3 and 4, the target characters within a block shared or did not share the first radical. Response times in the homogeneous blocks were significantly faster than those in the heterogeneous blocks (Exp. 3: 685 vs. 704, Exp. 4: 594 vs. 650. In Experiment 5 and 6, the shared component was a Gestalt-like form that is more than a stroke, constitutes a portion of the target character, can be a stand-alone character itself, can be a radical of another character but is not a radical of the target character (e.g., 士in聲, 鼓, 穀, 款; called a logographeme. Response times in the homogeneous blocks were significantly faster than those in the heterogeneous blocks (Exp. 5: 576 vs. 625, Exp. 6: 586 vs. 620. These results suggest a model of Chinese handwritten character production in which the stroke is not a functional unit, the radical plays the role of a morpheme, and the logographeme is the proximate unit.

78 FR 49584 - Self-Regulatory Organizations; BOX Options Exchange LLC; Notice of Filing and Immediate...

Science.gov (United States)

2013-08-14

... offering pricing specific to Jumbo SPY Options because this is a new options product offered only on the... trading a new options product, Jumbo SPY Options,\\5\\ on May 10, 2013.\\6\\ Except for the difference in the... for Jumbo SPY Options to $0.00. This is a new options product and assessing a lower fee than would...

75 FR 27986 - Electronic Filing System-Web (EFS-Web) Contingency Option

Science.gov (United States)

2010-05-19

...] Electronic Filing System--Web (EFS-Web) Contingency Option AGENCY: United States Patent and Trademark Office... contingency option when the primary portal to EFS-Web has an unscheduled outage. Previously, the entire EFS-Web system is not available to the users during such an outage. The contingency option in EFS-Web will...

75 FR 13345 - Pricing for Certain 2010 United States Mint Products

Science.gov (United States)

2010-03-19

... DEPARTMENT OF THE TREASURY United States Mint Pricing for Certain 2010 United States Mint Products AGENCY: United States Mint, Department of the Treasury. ACTION: Notice. SUMMARY: The United States Mint is announcing the price of the 2010 United States Mint Presidential $1 Coin and First Spouse Medal...

Eco-Efficiency Assessment of Bioplastics Production Systems and End-of-Life Options

Directory of Open Access Journals (Sweden)

Kunnika Changwichan

2018-03-01

Full Text Available Bioplastics demand has been increased globally due to concerns regarding environmentally friendly consumption and production. Polylactic acid (PLA, polyhydroxyalkanoates (PHAs, and polybutylene succinate (PBS are promising bioplastics with bio-based feedstocks and property of biodegradability. They are produced by bacterial fermentation of sugars from carbohydrate sources. With flexibility in their properties, PLA, PHAs, and PBS can potentially substitute conventional plastics such as polypropylene (PP, polyethylene terephthalate (PET, and polystyrene (PS. This study aims at evaluating the environmental and economic sustainability of bioplastics production together with end-of-life (EOL options. The combination of environmental and economic indicators, eco-efficiency (E/E, was selected to investigate the performance of PLA, PHAs, and PBS from sugarcane and cassava in comparison with PP. The environmental impacts were determined using life cycle assessment. The product cost was used to represent the economic value. The E/E results showed that the environmental and economic sustainability could be enhanced with 100% mechanical recycling of all kinds of studied plastics. It is also important to highlight that mechanical recycling showed a better performance in terms of E/E than composting of bioplastics.

Public Response to Wildfire: Is the Australian "Stay and Defend or Leave Early" Approach an Option for Wildfire Management in the United States?

Science.gov (United States)

Sarah M. McCaffrey; Alan Rhodes

2009-01-01

In the United States, the increasing costs and negative impacts of wildfires are causing fire managers and policymakers to reexamine traditional approaches to fire management including whether mass evacuation of populations threatened by wildfire is always the most appropriate option. This article examines the Australian "stay and defend or leave early" (SDLE...

Western Option - Disarmament of Russian Weapon Plutonium

International Nuclear Information System (INIS)

Tveiten, B.; Petroll, M.R.

2002-01-01

The Western Option concept describes an approach to the conversion of weapon-grade plutonium from Russian nuclear warheads under the special aspects of meeting the criteria of irreversible utilization. Putting this concept of plutonium conversion into non-weapon-grade material into effect would make a major contribution to improving security worldwide. This study is based on an agreement between the Russian Federation and the United States of America concluded in September 2000. It provides for the conversion of 34 t of weapon-grade plutonium in each of the two states. This goal is also supported by other G8 countries. While the United States performs its part of the agreement under its sole national responsibility, the Russian program needs financial support by Western states. Expert groups have pointed out several options as a so-called basic scenario. The funds of approx. US Dollar 2 billion required to put them into effect have not so far been raised. The Western Option approach described in this contribution combines results of the basic scenario with other existing experience and with technical solutions available for plutonium conversion. One of the attractions of the Western Option lies in its financial advantages, which are estimated to amount to approx. US Dollar 1 billion. (orig.) [de

Some wind-energy storage options

Energy Technology Data Exchange (ETDEWEB)

Eldridge, F R; Ljungstroem, O [ed.

1976-01-01

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

China-United States Productivity Catch-Up

DEFF Research Database (Denmark)

Deng, Paul Duo; Jefferson, Gary H.

China’s gap in industrial labor productivity with the United States has been steadily shrinking over recent decades. In this paper we examine the main sources of gap reduction and the potential for further catch-up. Using Chinese above-scale firm-level data during 1998-2007 period and BEA industry...... -level data in the US, we first document the respective rates of growth of labor productivity, gap reduction, and contributions to overall catch-up of China’s manufacturing sector during 1998-2007. We then aggregate the firm-level data to the 3-digit industry level to estimate a productivity gap...... reduction function and find that the key drivers for the productivity convergence are the initial technology gap, increased R&D spending, firm’s ownership restructuring, and industry level entry-exit ratio, a measure of competitive dynamism. A key finding is that the catch-up dynamic entails the break out...

Green Power Marketing in the United States: A Status Report (2008 Data)

Energy Technology Data Exchange (ETDEWEB)

Bird, L.; Kreycik, C.; Friedman, B.

2009-09-01

Voluntary consumer decisions to buy electricity supplied from renewable energy sources represent a powerful market support mechanism for renewable energy development. In the early 1990s, a small number of U.S. utilities began offering 'green power' options to their customers. Since then, these products have become more prevalent, both from traditional utilities and from renewable energy marketers operating in states that have introduced competition into their retail electricity markets or offering renewable energy certificates (RECs) online. Today, more than half of all U.S. electricity customers have an option to purchase some type of green power product directly from a retail electricity provider, while all consumers have the option to purchase RECs. This report documents green power marketing activities and trends in the United States including utility green pricing programs offered in regulated electricity markets; green power marketing activity in competitive electricity markets, as well as green power sold to voluntary purchasers in the form of RECs; and renewable energy sold as greenhouse gas offsets in the United States. These sections are followed by a discussion of key market trends and issues. The final section offers conclusions and observations.

Green Power Marketing in the United States. A Status Report (2008 Data)

Energy Technology Data Exchange (ETDEWEB)

Bird, Lori [National Renewable Energy Lab. (NREL), Golden, CO (United States); Kreycik, Claire [National Renewable Energy Lab. (NREL), Golden, CO (United States); Friedman, Barry [National Renewable Energy Lab. (NREL), Golden, CO (United States)

2009-09-01

Voluntary consumer decisions to buy electricity supplied from renewable energy sources represent a powerful market support mechanism for renewable energy development. In the early 1990s, a small number of U.S. utilities began offering 'green power' options to their customers. Since then, these products have become more prevalent, both from traditional utilities and from renewable energy marketers operating in states that have introduced competition into their retail electricity markets or offering renewable energy certificates (RECs) online. Today, more than half of all U.S. electricity customers have an option to purchase some type of green power product directly from a retail electricity provider, while all consumers have the option to purchase RECs. This report documents green power marketing activities and trends in the United States including utility green pricing programs offered in regulated electricity markets; green power marketing activity in competitive electricity markets, as well as green power sold to voluntary purchasers in the form of RECs; and renewable energy sold as greenhouse gas offsets in the United States. These sections are followed by a discussion of key market trends and issues. The final section offers conclusions and observations.

Impact of end of lease contracts’ option on joint pricing and inventory decisions of remanufacturable leased products

Directory of Open Access Journals (Sweden)

M. Rabbani

2016-04-01

Full Text Available Leasing currently plays an important role for the global economy. The equipment leasing earning acquired through leasing rather than cash or credit, has reached a dominant level. With this regards, this paper represents a basic mixed-integer non-linear programming model. The study deliberates a firm that leases new products and remanufactured leased merchandises. The proposed study considers the end of lease contract, which contains several options: Return the leased product, return the used product and purchase other remanufactured product and buying the leased product. The primary objective is to maximize the discrepancy between the revenue and the costs of a firm, which leases new products as well as selling remanufactured ones. The product deteriorates with time and the difference between a new and used good is obvious. The product must undergo a remanufacturing procedure before being sold as a remanufactured product.

Deliberating emission reduction options

Energy Technology Data Exchange (ETDEWEB)

Dowd, A.M.; Rodriguez, M.; Jeanneret, T. [Commonwealth Scientific and Industrial Research Organisation CSIRO, 37 Graham Rd, Highett VIC 3190 (Australia); De Best-Waldhober, M.; Straver, K.; Mastop, J.; Paukovic, M. [Energy research Centre of the Netherlands ECN, Policy Studies, Amsterdam (Netherlands)

2012-06-15

For more than 20 years there has been a concerted international effort toward addressing climate change. International conventions, such as the United Nations Foreign Convention on Climate Change (UNFCCC; ratified in 1994), have been established by committed nations seeking to address global climate change through the reduction of greenhouse gases emitted into the Earth's atmosphere (Global CCS Institute, 2011). Long recognised as the most crucial of the greenhouse gases to impact global warming, the majority of carbon dioxide's anthropogenic global emissions are directly related to fuel combustion of which both Australia and the Netherlands' energy production is significantly reliant. Both these nations will need to consider many opinions and make hard decisions if alternative energy options are to be implemented at the scale that is required to meet international emission targets. The decisions that are required not only need to consider the many options available but also their consequences. Along with politicians, policy developers and industry, the general public also need to be active participants in deciding which energy options, and their subsequent consequences, are acceptable for implementation at the national level. Access to balanced and factual information is essential in establishing informed opinions on the many policy options available. Past research has used several methods to measure public perceptions and opinions yet for complex issues, such as emission reduction, some of these methods have shown to be problematic. For example, semi structured interviews can provide data that is flexible and context rich yet is does also come with the limitations such as it seldom provides a practical assessment that can be utilised from researcher to researcher, across disciplines and public participation techniques. Surveys on the other hand usually address these limitations but surveys that do not encourage comparison of information or ask

Deliberating emission reduction options

Energy Technology Data Exchange (ETDEWEB)

Dowd, A. M.; Rodriguez, M.; Jeanneret, T. [Commonwealth Scientific and Industrial Research Organisation CSIRO, 37 Graham Rd, Highett VIC 3190 (Australia); De Best-Waldhober, M.; Straver, K.; Mastop, J.; Paukovic, M. [Energy research Centre of the Netherlands ECN, Policy Studies, Amsterdam (Netherlands)

2012-06-15

For more than 20 years there has been a concerted international effort toward addressing climate change. International conventions, such as the United Nations Foreign Convention on Climate Change (UNFCCC; ratified in 1994), have been established by committed nations seeking to address global climate change through the reduction of greenhouse gases emitted into the Earth's atmosphere (Global CCS Institute, 2011). Long recognised as the most crucial of the greenhouse gases to impact global warming, the majority of carbon dioxide's anthropogenic global emissions are directly related to fuel combustion of which both Australia and the Netherlands' energy production is significantly reliant. Both these nations will need to consider many opinions and make hard decisions if alternative energy options are to be implemented at the scale that is required to meet international emission targets. The decisions that are required not only need to consider the many options available but also their consequences. Along with politicians, policy developers and industry, the general public also need to be active participants in deciding which energy options, and their subsequent consequences, are acceptable for implementation at the national level. Access to balanced and factual information is essential in establishing informed opinions on the many policy options available. Past research has used several methods to measure public perceptions and opinions yet for complex issues, such as emission reduction, some of these methods have shown to be problematic. For example, semi structured interviews can provide data that is flexible and context rich yet is does also come with the limitations such as it seldom provides a practical assessment that can be utilised from researcher to researcher, across disciplines and public participation techniques. Surveys on the other hand usually address these limitations but surveys that do not encourage comparison of information or ask participants to

Numeraire Invariance and application to Option Pricing and Hedging

NARCIS (Netherlands)

Jamshidian, F.; Vanmaele, Michèle; Deelstra, Griselda; De Schepper, Ann; Dhaene, Jan; Reynaerts, Huguette; Schoutens, Wim; Van Goethem, Paul

2008-01-01

Numeraire invariance is a well-known technique in option pricing and hedging theory. It takes a convenient asset as the numeraire, as if it were the medium of exchange, and expresses all other asset and option prices in units of this numeraire. Since the price of the numeraire relative to itself is

Technological Options to Ameliorate Waste Treatment of Intensive Pig Production in China：An Analysis Based on Bio-Economic Model

Institute of Scientific and Technical Information of China (English)

LU Wen-cong; MA Yong-xi; Holger Bergmann

2014-01-01

Ameliorating waste treatment by technological improvements affects the economic and the ecological-environment beneifts of intensive pig production. The objective of the research was to develop and test a method to determine the technical optimization to ameliorate waste treatment methods and gain insight into the relationship between technological options and the economic and ecological effects. We developed an integrated bio-economic model which incorporates the farming production and waste disposal systems to simulate the impact of technological improvements in pig manure treatment on economic and environmental benefits for the case of a pilot farm in Beijing, China. Based on different waste treatment technology options, three scenarios are applied for the simulation analysis of the model. The simulation results reveal that the economic-environmental beneifts of the livestock farm could be improved by reducing the cropland manure application and increasing the composting production with the current technologies. Nevertheless, the technical efifciency, the waste treatment capacity and the economic beneifts could be further improved by the introduction of new technologies. It implies that technological and economic support policies should be implemented comprehensively on waste disposal and resource utilization to promote sustainable development in intensive livestock production in China.

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

Science.gov (United States)

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

2009-08-01

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

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

International Nuclear Information System (INIS)

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

2009-01-01

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

Solar Access: Issues and Policy Options | State, Local, and Tribal

Science.gov (United States)

Governments | NREL Solar Access: Issues and Policy Options Solar Access: Issues and Policy Options June 06, 2017 by Alison Holm Distributed solar capacity in the United States is on the rise : approximately 2,580 megawatts (MW) of new residential solar photovoltaic (PV) capacity was brought online in

TMI abnormal wastes disposal options

International Nuclear Information System (INIS)

Ayers, A.L. Jr.

1984-03-01

A substantial quantity of high beta-gamma/high-TRU contaminated wastes are expected from cleanup activities of Unit 2 of the Three Mile Island Nuclear Power Station. Those wastes are not disposable because of present regulatory constraints. Therefore, they must be stored temporarily. This paper discusses three options for storage of those wastes at the Idaho National Engineering Laboratory: (1) storage in temporary storage casks; (2) underground storage in vaults; and (3) storage in silos at a hot shop. Each option is analyzed and evaluated. Also included is a discussion of future disposal strategies, which might be pursued when a suitable federal or commercial repository is built

Thermal battery with CO2 compression heat pump: Techno-economic optimization of a high-efficiency Smart Grid option for buildings

DEFF Research Database (Denmark)

Blarke, Morten; Yazawa, Kazuaki; Shakouri, Ali

2012-01-01

Increasing penetration levels of wind and solar power in the energy system call for the development of Smart Grid enabling technologies. As an alternative to expensive electro-chemical and mechanical storage options, the thermal energy demand in buildings offers a cost-effective option for interm......Increasing penetration levels of wind and solar power in the energy system call for the development of Smart Grid enabling technologies. As an alternative to expensive electro-chemical and mechanical storage options, the thermal energy demand in buildings offers a cost-effective option....... In a proof-of-concept case study, the TB replaces an existing electric resistance heater used for hot water production and an electric compressor used for air refrigeration in a central air conditioning system. A mathematical model for least-cost unit dispatch is developed. Heat pump cycle components...

Product- and Process Units in the CRITT Translation Process Research Database

DEFF Research Database (Denmark)

Carl, Michael

than 300 hours of text production. The database provides the raw logging data, as well as Tables of pre-processed product- and processing units. The TPR-DB includes various types of simple and composed product and process units that are intended to support the analysis and modelling of human text......The first version of the "Translation Process Research Database" (TPR DB v1.0) was released In August 2012, containing logging data of more than 400 translation and text production sessions. The current version of the TPR DB, (v1.4), contains data from more than 940 sessions, which represents more...

Reducing the Deficit: Spending and Revenue Options

Science.gov (United States)

2011-03-01

Airports 109Option 22 Increase Fees for Aviation Security 110Option 23 Eliminate Intercity Rail Subsidies 111Option 24 Eliminate the Transit Starts...productivity. Charging users—such as drivers on highways, air travelers , users of waterways, and so forth—for services they receive from federal...can travel at high speed through the water from a ship to land. The Marine Corps regards the EFV as essential for the conduct of amphibi- ous warfare

Mass Flow Data Comparison for Comprehensive Fuel Cycle Options

International Nuclear Information System (INIS)

Kim, T.K.; Taiwo, T.A.; Wigeland, R.A.; Dixon, B.W.; Gehin, J.C.; Todosow, M.

2015-01-01

One of the key objectives stated in the United States Department of Energy, Nuclear Energy R and D road-map is the development of sustainable nuclear fuel cycles that improve natural resource utilisation and provide adequate capability and capacity to manage wastes produced by the fuel cycle. In order to inform this objective, an evaluation and screening of nuclear fuel cycle options has been conducted. As part of that effort, the entire fuel cycle options space was represented by 40 Evaluation Groups (EGs), and mass flow information for each of the EGs was provided by using an Analysis Example (AE). In this paper, the mass flow data of the 40 AEs are compared to inform on trends in the natural resource utilisation and nuclear waste generation. For the AEs that need enriched uranium support, the natural uranium required is high and the natural resource utilisation is generally lower than 2% regardless of the fuel cycle strategy (i.e., once-through, limited recycle, or continuous recycle). However, the utilisation could be improved by avoiding enriched uranium fuel support. The natural resource utilisation increases to more than 80% by recycling the nuclear fuel continuously without enriched uranium support. The combined mass of spent nuclear fuel (SNF) and high-level waste (HLW), i.e., SNF+HLW mass, is lower by using a continuous recycle option compared to a once-through fuel cycle option, because SNF mass is converted to mass of recycled products and only fission products and other process losses need to be disposed. The combined disposed mass of depleted uranium (DU), recovered uranium (RU) and thorium (RTh), i.e. DU+RU+RTh mass, has a similar trend to the uranium utilisation. For the AEs that need enriched uranium fuel, the DU and RU are the major fraction by mass of the DU+RU+RTh, which are two orders of magnitude higher in mass compared to those for the AEs that do not need enriched uranium fuel. (authors)

Fluid coking : a competitive option for heavy feed processing

International Nuclear Information System (INIS)

Hammond, D.G.; Feinberg, A.S.; McCaffrey, D.S.

1997-01-01

Fluid coking is a proven thermal conversion process for converting heavy hydrocarbon feeds to lighter products. Fluid coking was commercialized by Exxon over 40 years ago. A total of 13 units have been built with over 330 years of cumulative operating experience. Fluid coking can process many different feeds at once and is usually insensitive to feed contaminants such as sulfur, nitrogen and metals. New developments in coke utilization and flue gas desulfurization/departiculation have prompted new economic studies. Fluid coking is competitive and is the most attractive option compared to delayed coking, particularly for very heavy feed stocks such as deasphalter bottoms. Viewgraphs describe the fluid coking process, its advantages, utilization, and commercial viability. 7 tabs., 3 figs

Remediation options and the significance of water treatment at former uranium production sites in Eastern Germany

International Nuclear Information System (INIS)

Gatzweiler, R.; Jakubick, A.T.; Kiessig, G.

2000-01-01

The WISMUT remediation project in the States of Saxony and Thuringia, Germany, comprises several mine and mill sites including large volumes of production residues. Due to the climate, the intensive land use and the regulatory conditions, the water path is most important in evaluating remediation options. Water treatment is an integral part of mine flooding, mine dump and tailings remediation, and treatment costs represent a major portion of the overall costs of the project. Uncertainties in the estimations of quantities of mine and seepage waters, variations in quality from site to site, and changing conditions in time demand a strategic approach to the selection and optimization of water treatment methods. The paper describes options considered and experience gained including efforts to limit long-term treatment costs by developing and applying passive treatment systems and negotiating acceptable discharge limits. (author)

Tobacco Product Use Among Adults - United States, 2015.

Science.gov (United States)

Phillips, Elyse; Wang, Teresa W; Husten, Corinne G; Corey, Catherine G; Apelberg, Benjamin J; Jamal, Ahmed; Homa, David M; King, Brian A

2017-11-10

Tobacco use remains the leading cause of preventable disease and death in the United States (1). Despite declining cigarette smoking prevalence among U.S. adults, shifts in the tobacco product landscape have occurred in recent years (2,3). Previous estimates of tobacco product use among U.S. adults were obtained from the National Adult Tobacco Survey, which ended after the 2013-2014 cycle. This year, CDC and the Food and Drug Administration (FDA) assessed the most recent national estimates of tobacco product use among adults aged ≥18 years using, for the first time, data from the 2015 National Health Interview Survey (NHIS), an annual, nationally representative, in-person survey of the noninstitutionalized U.S. civilian population. The 2015 NHIS adult core questionnaire included 33,672 adults aged ≥18 years, reflecting a 55.2% response rate. Data were weighted to adjust for differences in selection probability and nonresponse, and to provide nationally representative estimates. In 2015, 20.1 % of U.S. adults currently (every day or some days) used any tobacco product, 17.6% used any combustible tobacco product, and 3.9% used ≥2 tobacco products. By product, 15.1% of adults used cigarettes; 3.5% used electronic cigarettes (e-cigarettes); 3.4% used cigars, cigarillos, or filtered little cigars; 2.3% used smokeless tobacco; and 1.2% used regular pipes, water pipes, or hookahs.* Current use of any tobacco product was higher among males; persons aged product was 47.2% among adults with serious psychological distress compared with 19.2% among those without serious psychological distress. Proven population-level interventions that focus on the diversity of tobacco product use are important to reducing tobacco-related disease and death in the United States (1).

Sales of Nicotine-Containing Electronic Cigarette Products: United States, 2015.

Science.gov (United States)

Marynak, Kristy L; Gammon, Doris G; Rogers, Todd; Coats, Ellen M; Singh, Tushar; King, Brian A

2017-05-01

To assess the proportion of electronic cigarette (e-cigarette) products sold in the United States that contain nicotine according to retail scanner data. We obtained unit sales data from January 11, 2015, to December 12, 2015, from The Nielsen Company for convenience stores; supermarkets; mass merchandisers; drug, club, and dollar stores; and Department of Defense commissaries. The data did not include purchases from tobacco specialty shops, "vape shops," or online sources. Nicotine content was assessed by product type (disposables, rechargeables, and refills), region, and flavor status based on nicotine strength listed in the Universal Product Codes. For the 36.7% of entries lacking nicotine content information, we conducted Internet searches by brand, product, and flavor. In 2015, 99.0% of e-cigarette products sold contained nicotine, including 99.0% of disposables, 99.7% of rechargeables, and 98.8% of refills. Overall, 98.7% of flavored e-cigarette products and 99.4% of nonflavored e-cigarette products contained nicotine. In 2015, almost all e-cigarette products sold in US convenience stores and other assessed channels contained nicotine. Public Health Implications. Findings reinforce the importance of warning labels for nicotine-containing products, ingredient reporting, and restrictions on sales to minors.

Accounting treatment of currency options

Directory of Open Access Journals (Sweden)

Prošić Danica

2016-01-01

Full Text Available Currency options are often used to mitigate currency risk resulting from corporate activities. Their implementation can be complex, and there could be problems if the essential elements and principles are not fully understood. Although they are not the simplest financial products, currency options are interesting and useful to those who are trying to make a step forward in the area of currency risk management. This paper aims to present the general principles and specifics of accounting records and valuation of currency options used for hedging against risk. It is a complex process which, in addition to numerous conditions, also involves the implementation of accounting rules that deviate from the generally accepted accounting principles.

THE REAL OPTIONS OF CAPITAL BUDGET

Directory of Open Access Journals (Sweden)

Antonio Lopo Martins

2008-07-01

Full Text Available The traditional techniques of capital budget, as the deducted cash flow and the net value present, do not incorporate existing flexibilities in an investment project, they tend to distort the value of certain investments, mainly those that are considered in scenes of uncertainty and risk. Therefore, this study intends to demonstrate that the Real Options Theory (TOR is a useful methodology to evaluate and to indicate the best option for project of expansion investment. To reach the considered objective the procedure method was used a case study, having as unit of case the Resort Praia Hotel do Litoral Norte of Salvador. This study was developed of the following form: first it identified the traditional net value present and later it was incorporated the volatileness of each analyzed uncertainty. Second, as the real options are analogous to the financial options, it was necessary to identify elements that composed the terminologies of the financial options with intention to get the value of the real option. For this model of options pricing of Black & Scholes jointly with a computational simulator was used (SLS to get the expanded net value present. As a result of this study it was possible to evidence that using the traditional tool of capital budget Net Value Present (VPL is negative, therefore the project of expansion of the Hotel would be rejected. While for the application of methodology TOR the project presents positive Expanded Present Value which would represent an excellent chance of investment. Key-word: Capital budget, Real options, Analysis of investments.

CANDU fuel cycle options in Korea

International Nuclear Information System (INIS)

Boczar, P.G.; Fehrenbach, P.J.; Meneley, D.A.

1996-04-01

The easiest first step in CANDU fuel-cycle evolution may be the use of slightly enriched uranium (SEU), including recovered uranium from reprocessed LWR spent fuel. Relatively low enrichment (up to 1.2%) will result in a twoto three-fold reduction in the quantity of spent fuel per unit energy production, reductions in fuel-cycle costs, and greater flexibility in the design of new reactors. The CANFLEX (CANDU FLEXible) fuel bundle would be the optimal fuel carrier. A country that has both CANDU and PWR reactors can exploit the natural synergism between these two reactor types to minimize overall waste production, and maximize energy derived from the fuel. This synergism can be exploited through several different fuel cycles. A high burnup CANDU MOX fuel design could be used to utilize plutonium from conventional reprocessing or more advanced reprocessing options (such as co-processing). DUPIC (Direct Use of Spent PWR Fuel In CANDU) represents a recycle option that has a higher degree of proliferation resistance than does conventional reprocessing, since it uses only dry processes for converting spent PWR fuel into CANDU fuel, without separating the plutonium. Good progress is being made in the current KAERI, AECL, and U.S. Department of State program in demonstrating the technical feasibility of DUPIC. In the longer term, CANDU reactors offer even more dramatic synergistic fuel cycles with PWR or FBR reactors. If the objective of a national fuel-cycle program is the minimization of actinide waste or destruction of long-lived fission products, then studies have shown the superiority of CANDU reactors in meeting this objective. Long-term energy security can be assured either through the thorium cycle or through a CANDU 1 FBR system, in which the FBR would be operated as a 'fuel factory,' providing the fissile material to power a number of lower-cost, high efficiency CANDU reactors. In summary, the CANDU reactor's simple fuel design, high neutron economy, and on

Pricing the Option to Surrender in Incomplete Markets

DEFF Research Database (Denmark)

Consiglio, Andrea; De Giovanni, Domenico

New international accounting standards require insurers to reflect the value of embedded options and guarantees in their products. Pricing techniques based on the Black & Scholes paradigm are often used, however, the hypotheses underneath this model are rarely met. We propose a framework that enc......New international accounting standards require insurers to reflect the value of embedded options and guarantees in their products. Pricing techniques based on the Black & Scholes paradigm are often used, however, the hypotheses underneath this model are rarely met. We propose a framework...... that encompasses the most known sources of incompleteness. We show that the surrender option, joined with a wide range of claims embedded in insurance contracts, can be priced through our tool, and deliver hedging portfolios to mitigate the risk arising from their positions. We provide extensive empirical analysis...... to highlight the effect of incompleteness on the fair value of the option....

Costs of mixed low-level waste stabilization options

International Nuclear Information System (INIS)

Schwinkendorf, W.E.; Cooley, C.R.

1998-01-01

Selection of final waste forms to be used for disposal of DOE's mixed low-level waste (MLLW) depends on the waste form characteristics and total life cycle cost. In this paper the various cost factors associated with production and disposal of the final waste form are discussed and combined to develop life-cycle costs associated with several waste stabilization options. Cost factors used in this paper are based on a series of treatment system studies in which cost and mass balance analyses were performed for several mixed low-level waste treatment systems and various waste stabilization methods including vitrification, grout, phosphate bonded ceramic and polymer. Major cost elements include waste form production, final waste form volume, unit disposal cost, and system availability. Production of grout costs less than the production of a vitrified waste form if each treatment process has equal operating time (availability) each year; however, because of the lower volume of a high temperature slag, certification and handling costs and disposal costs of the final waste form are less. Both the total treatment cost and life cycle costs are higher for a system producing grout than for a system producing high temperature slag, assuming equal system availability. The treatment costs decrease with increasing availability regardless of the waste form produced. If the availability of a system producing grout is sufficiently greater than a system producing slag, then the cost of treatment for the grout system will be less than the cost for the slag system, and the life cycle cost (including disposal) may be less depending on the unit disposal cost. Treatment and disposal costs will determine the return on investment in improved system availability

Nontraditional Use of Biomass at Certified Forest Management Units: Forest Biomass for Energy Production and Carbon Emissions Reduction in Indonesia

Directory of Open Access Journals (Sweden)

Asep S. Suntana

2012-01-01

Full Text Available Biomass conversion technologies that produce energy and reduce carbon emissions have become more feasible to develop. This paper analyzes the potential of converting biomass into biomethanol at forest management units experiencing three forest management practices (community-based forest management (CBFM, plantation forest (PF, and natural production forest (NPF. Dry aboveground biomass collected varied considerably: 0.26–2.16 Mg/ha/year (CBFM, 8.08–8.35 Mg/ha/year (NPF, and 36.48–63.55 Mg/ha/year (PF. If 5% of the biomass was shifted to produce biomethanol for electricity production, the NPF and PF could provide continuous power to 138 and 2,762 households, respectively. Dedicating 5% of the biomass was not a viable option from one CBFM unit. However, if all biomasses were converted, the CBFM could provide electricity to 19–27 households. If 100% biomass from two selected PF was dedicated to biomethanol production: (1 52,200–72,600 households could be provided electricity for one year; (2 142–285% of the electricity demand in Jambi province could be satisfied; (3 all gasoline consumed in Jambi, in 2009, would be replaced. The net carbon emissions avoided could vary from 323 to 8,503 Mg when biomethanol was substituted for the natural gas methanol in fuel cells and from 294 to 7,730 Mg when it was used as a gasoline substitute.

Milk: the new white gold? Milk production options for smallholder farmers in Southern Mali.

Science.gov (United States)

de Ridder, N; Sanogo, O M; Rufino, M C; van Keulen, H; Giller, K E

2015-07-01

Until the turn of the century, farmers in West Africa considered cotton to be the 'white gold' for their livelihoods. Large fluctuations in cotton prices have led farmers to innovate into other business including dairy. Yet the productivity of cows fed traditional diets is very poor, especially during the long dry season. This study combines earlier published results of farmer participatory experiments with simulation modelling to evaluate the lifetime productivity of cows under varying feeding strategies and the resulting economic performance at farm level. We compared the profitability of cotton production to the innovation of dairy. The results show that milk production of the West African Méré breed could be expanded if cows are supplemented and kept stall-fed during the dry season. This option seems to be profitable for better-off farmers, but whether dairy will replace (some of) the role of cotton as the white gold for these smallholder farmers will depend on the cross price elasticity of cotton and milk. Farmers may (partly) replace cotton production for fodder production to produce milk if the price of cotton remains poor (below US$0.35/kg) and the milk price relatively strong (higher than US$0.38/kg). Price ratios need to remain stable over several seasons given the investments required for a change in production strategy. Furthermore, farmers will only seize the opportunity to engage in dairy if marketing infrastructure and milk markets are further developed.

Energy options

International Nuclear Information System (INIS)

Hampton, Michael

1999-01-01

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

Management options in the food chain for accidental radionuclide deposition

International Nuclear Information System (INIS)

Rantavaara, A.

2005-12-01

Finland with four other countries participated in the European Union's network project FARMING in 2000 - 2004. The aim of the project was to invite participants from each country representing the food supply chain in a stakeholder group and advance with the groups the networking in building preparedness for accidental contamination of the food production systems. The task of the groups was to evaluate the practicability of management options suggested for reduction of radiation exposure through foodstuffs, and for disposal of waste generated in implementation of these options. The criteria for practicability were effectiveness in reduction of radiation exposure through foodstuffs, technical feasibility, capacity, costs for implementation, secondary costs for waste disposal, socio-economic impact, and acceptability concerning ecology and protection of environment and landscape. Practicable management options aimed at sustainable restoration of food production systems after accidental contamination. The Finnish stakeholder group represented farm production, processing industry, food marketing, catering, advisor organisations for households and agriculture, consumers, nature conservation, the media, experts on environmental impact and authorities responsible for production, safety and security of foodstuffs, food supply and feedstuffs. The group was expected to examine the effect of the Finnish, and, also more generally, northern production conditions on the practicability of the suggested management options. The stakeholder group members first familiarized themselves with intervention after accidental contamination of a large milk production area and thereafter with practicability of individual management options. The evaluation was based on the group members' complementary expertise that very well covered the chain 'from field to fork' whether the issue was related to legislation, production methods, logistics, environmental impacts, or the issues of consumers and

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

Advanced Reactor Development in the United States

Energy Technology Data Exchange (ETDEWEB)

Giessing, D. F.; Griffith, J. D.; McGoff, D. J.; Rosen, Sol [U. S. Department of Energy, Texas (United States)

1990-04-15

In the United States, three technologies are employed for the new generation of advanced reactors. These technologies are Advanced Light Water Reactors (A LWRs) for the 1990s and beyond, the Modular High Temperature Gas Reactor (M HTGR) for commercial use after the turn of the century, and Liquid Metal Reactors (LWRs) to provide energy production and to convert reactor fission waste to a more manageable waste product. Each technology contributes to the energy solution. Light Water Reactors For The 1990s And Beyond--The U. S. Program The economic and national security of the United States requires a diversified energy supply base built primarily upon adequate, domestic resources that are relatively free from international pressures. Nuclear energy is a vital component of this supply and is essential to meet current and future national energy demands. It is a safe, economically continues to contribute to national energy stability, and strength. The Light Water Reactor (LWR) has been a major and successful contributor to the electrical generating needs of many nations throughout the world. It is being counted upon in the United States as a key to revitalizing nuclear energy option in the 1990s. In recent years, DOE joined with the industry to ensure the availability and future viability of the LWR option. This national program has the participation of the Nation's utility industry, the Electric Power Research Institute (EPRI), and several of the major reactor manufacturers and architect-engineers. Separate but coordinated parts of this program are managed by EPRI and DOE.

Management options for food production systems affected by a nuclear accident. Task 3: diversion of crops grown for human consumption to animal feed

International Nuclear Information System (INIS)

Brown, J.; Wilkins, B.T.; Nisbet, A.F.

2002-01-01

This report forms part of a series describing a study to evaluate selected options for the management of food production systems affected by a nuclear accident. This report considers the scope for the redirection of contaminated foods grown for human consumption to animal feeds and addresses whether crops grown for human consumption can be used as animal feeds for animal production systems; what the likely impact on contamination levels in animal products is; whether amounts of waste food could be reduced in the event of a nuclear accident; and whether the option is acceptable to the farming industry, retail trade and consumers. The study identified that foods intended for human consumption can be used as animal feeds for beef cattle and sheep and, to a limited extent, for breeding sows but it is essential that a suitable nutritional balance is maintained. The scope to provide suitable alternative diets is, however, limited and is dependent upon the time of year at which the deposition occurs. If crops were contaminated at the relevant CFIL, not all of the alternative diets considered would result in animal products that were below the corresponding CFIL value, thus limiting any benefit in implementing the option. Except possibly in the most extreme of circumstances, this management option would not be considered acceptable by consumers or by the retail trade and farmers would only implement such a measure if there was a suitable market for the resultant produce. This work was undertaken under the Environmental Assessments Department and Emergency Response Group's Quality Management System, which has been approved by Lloyd's Register Quality Assurance to the Quality Management Standards ISO 9001:2000 and TickIT Guide Issue 5, certificate number 956546. (author)

Minimization of entropy production in separate and connected process units

Energy Technology Data Exchange (ETDEWEB)

Roesjorde, Audun

2004-08-01

The objective of this thesis was to further develop a methodology for minimizing the entropy production of single and connected chemical process units. When chemical process equipment is designed and operated at the lowest entropy production possible, the energy efficiency of the equipment is enhanced. We have found for single process units that the entropy production could be reduced with up to 20-40%, given the degrees of freedom in the optimization. In processes, our results indicated that even bigger reductions were possible. The states of minimum entropy production were studied and important painter's for obtaining significant reductions in the entropy production were identified. Both from sustain ability and economical viewpoints knowledge of energy efficient design and operation are important. In some of the systems we studied, nonequilibrium thermodynamics was used to model the entropy production. In Chapter 2, we gave a brief introduction to different industrial applications of nonequilibrium thermodynamics. The link between local transport phenomena and overall system description makes nonequilibrium thermodynamics a useful tool for understanding design of chemical process units. We developed the methodology of minimization of entropy production in several steps. First, we analyzed and optimized the entropy production of single units: Two alternative concepts of adiabatic distillation; diabatic and heat-integrated distillation, were analyzed and optimized in Chapter 3 to 5. In diabatic distillation, heat exchange is allowed along the column, and it is this feature that increases the energy efficiency of the distillation column. In Chapter 3, we found how a given area of heat transfer should be optimally distributed among the trays in a column separating a mixture of propylene and propane. The results showed that heat exchange was most important on the trays close to the re boiler and condenser. In Chapter 4 and 5, we studied how the entropy

Nuclear Fuel Cycle Options Catalog: FY16 Improvements and Additions

Energy Technology Data Exchange (ETDEWEB)

Price, Laura L. [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Barela, Amanda Crystal [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Schetnan, Richard Reed [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Walkow, Walter M. [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States)

2016-08-31

The United States Department of Energy, Office of Nuclear Energy, Fuel Cycle Technology Program sponsors nuclear fuel cycle research and development. As part of its Fuel Cycle Options campaign, the DOE has established the Nuclear Fuel Cycle Options Catalog. The catalog is intended for use by the Fuel Cycle Technologies Program in planning its research and development activities and disseminating information regarding nuclear energy to interested parties. The purpose of this report is to document the improvements and additions that have been made to the Nuclear Fuel Cycle Options Catalog in the 2016 fiscal year.

Nuclear Fuel Cycle Options Catalog FY15 Improvements and Additions.

Energy Technology Data Exchange (ETDEWEB)

Price, Laura L. [Sandia National Laboratories (SNL-NM), Albuquerque, NM (United States); Barela, Amanda Crystal [Sandia National Laboratories (SNL-NM), Albuquerque, NM (United States); Schetnan, Richard Reed [Sandia National Laboratories (SNL-NM), Albuquerque, NM (United States); Walkow, Walter M. [Sandia National Laboratories (SNL-NM), Albuquerque, NM (United States)

2015-11-01

The United States Department of Energy, Office of Nuclear Energy, Fuel Cycle Technology Program sponsors nuclear fuel cycle research and development. As part of its Fuel Cycle Options campaign, the DOE has established the Nuclear Fuel Cycle Options Catalog. The catalog is intended for use by the Fuel Cycle Technologies Program in planning its research and development activities and disseminating information regarding nuclear energy to interested parties. The purpose of this report is to document the improvements and additions that have been made to the Nuclear Fuel Cycle Options Catalog in the 2015 fiscal year.

Improving gasoline quality produced from MIDOR light naphtha isomerization unit

Directory of Open Access Journals (Sweden)

M.F. Mohamed

2017-03-01

Full Text Available Isomerization process became one of the best gasoline production sources, as it gives a high octane product while saving environment from pollution impacts. This paper presents a practical study that aims to improve the gasoline quality and economic income of an existing light naphtha isomerization unit used for octane improvement. The study included selecting the optimum combination of isomerization unit equipment that gives better product specifications for a specified feed. Eight scenarios were studied and simulated to predict the product specs. The original studied unit is MIDOR light naphtha isomerization unit at Alexandria-Egypt that recycles the unconverted hexane (C6. The other studied scenarios were adding fractionators for separating feed iso-pentanes, and recycling unconverted pentanes, hexanes and/or combinations of these fractionators. The results show a change in octane number of gasoline product for a specific feed. Once through process with no extra fractionators has lower octane number of 81 while that with de-iso-pentanizer–de-pentanizer and de-hexanizer produces gasoline with 92.3 octane number. Detailed economic study was done to calculate the return on investment “ROI” for each process option based on equipment, utilities, feed and product prices. Once through simple isomerization unit had the lowest ROI of 14.3% per year while the combination of De-iso-pentanizer with the De-hexanizer had the best ROI of 26.6% per year.

Production of advanced biofuels: co-processing of upgraded pyrolysis oil in standard refinery units

NARCIS (Netherlands)

De Miguel Mercader, F.; de Miguel Mercader, F.; Groeneveld, M.J.; Hogendoorn, Kees; Kersten, Sascha R.A.; Way, N.W.J.; Schaverien, C.J.

2010-01-01

One of the possible process options for the production of advanced biofuels is the co-processing of upgraded pyrolysis oil in standard refineries. The applicability of hydrodeoxygenation (HDO) was studied as a pyrolysis oil upgrading step to allow FCC co-processing. Different HDO reaction end

48 CFR 552.217-71 - Notice Regarding Option(s).

Science.gov (United States)

2010-10-01

... 48 Federal Acquisition Regulations System 4 2010-10-01 2010-10-01 false Notice Regarding Option(s... Notice Regarding Option(s). As prescribed in 517.208(b), insert the following provision: Notice Regarding Option(s) (NOV 1992) The General Services Administration (GSA) has included an option to [Insert...

Investigation of Neptunium Precipitator Cleanout Options

International Nuclear Information System (INIS)

Hill, B.C.

2003-01-01

Oxalate precipitation followed by filtration is used to prepare plutonium oxalate. Historically, plutonium oxalate has tended to accumulate in the precipitation tanks. These solids are periodically removed by flushing with concentrated (64 percent) nitric acid. The same precipitation tanks will now be used in the processing of neptunium. Literature values indicate that neptunium oxalate may not be as soluble as plutonium oxalate in nitric acid. Although a wide variety of options is available to improve neptunium oxalate solubility for precipitator flushing, most of these options are not practical for use. Many of these options require the use of incompatible or difficult to handle chemicals. Other options would require expensive equipment modifications or are likely to lead to product contamination. Based on review of literature and experimental results, the two best options for flushing the precipitator are (1) 64 percent nitric acid and (2) addition of sodium permanganate follow ed by sodium nitrite. Nitric acid is the easiest option to implement. It is already used in the facility and will not lead to product contamination. Experimental results indicate that neptunium oxalate can be dissolved in concentrated nitric acid (64 percent) at 60 degree C to a concentration of 2.6 to 5.6 grams of Np/liter after at least three hours of heating. A lower concentration (1.1 grams of Np/liter) was measured at 60 degree C after less than two hours of heating. These concentrations are acceptable for flushing if precipitator holdup is low (approximately 100-250 grams), but a second method is required for effective flushing if precipitator holdup is high (approximately 2 kilograms). The most effective method for obtaining higher neptunium concentrations is the use of sodium permanganate followed by the addition of sodium nitrite. There is concern that residual manganese from these flushes could impact product purity. Gas generation during permanganate addition is also a concern

Meat and milk products in Europe

DEFF Research Database (Denmark)

Weidema, Bo Pedersen; Hermansen, John Erik; Eder, P.

2009-01-01

The overall environmental impacts from consumption of meat and dairy products in EU-27 have been assessed by the use of hybrid life cycle assessment (input-output data supplemented by specific process data). For the impact assessment, we applied a flexible model that allows results to be presented...... both in 15 traditional environmental midpoint indicators (global warming potentials, photochemical ozone creation potential, etc.) and in monetary units (Euro). Specifically for this project, a damage model for aquatic eutrophication was developed. We identified and quantified the improvement options...... for all processes contributing more than 10% to each of the midpoint impact categories. Rebound effects, synergies and dysergies of the different options were taken into account and we show the importance of rebound effects and interrelationships of the improvement options, as well as market constraints...

Nonsurgical Treatment Options for Basal Cell Carcinoma

International Nuclear Information System (INIS)

Lien, M. H.; Sondak, V. K.; Sondak, V. K.

2011-01-01

Basal cell carcinoma (BCC) remains the most common form of non melanoma skin cancer (NMSC) in Caucasians, with perhaps as many as 2 million new cases expected to occur in the United States in 2010. Many treatment options, including surgical interventions and nonsurgical alternatives, have been utilized to treat BCC. In this paper, two non-surgical options, imiquimod therapy and photodynamic therapy (PDT), will be discussed. Both modalities have demonstrated acceptable disease control rates, cosmetically superior outcomes, and short-term cost-effectiveness. Further studies evaluating long-term cure rates and long-term cost effectiveness of imiquimod therapy and PDT are needed.

Continuous downstream processing for high value biological products: A Review.

Science.gov (United States)

Zydney, Andrew L

2016-03-01

There is growing interest in the possibility of developing truly continuous processes for the large-scale production of high value biological products. Continuous processing has the potential to provide significant reductions in cost and facility size while improving product quality and facilitating the design of flexible multi-product manufacturing facilities. This paper reviews the current state-of-the-art in separations technology suitable for continuous downstream bioprocessing, focusing on unit operations that would be most appropriate for the production of secreted proteins like monoclonal antibodies. This includes cell separation/recycle from the perfusion bioreactor, initial product recovery (capture), product purification (polishing), and formulation. Of particular importance are the available options, and alternatives, for continuous chromatographic separations. Although there are still significant challenges in developing integrated continuous bioprocesses, recent technological advances have provided process developers with a number of attractive options for development of truly continuous bioprocessing operations. © 2015 Wiley Periodicals, Inc.

Impact of Healthy Vending Machine Options in a Large Community Health Organization.

Science.gov (United States)

Grivois-Shah, Ravi; Gonzalez, Juan R; Khandekar, Shashank P; Howerter, Amy L; O'Connor, Patrick A; Edwards, Barbara A

2017-01-01

To determine whether increasing the proportion of healthier options in vending machines decreases the amount of calories, fat, sugar, and sodium vended, while maintaining total sales revenue. This study evaluated the impact of altering nutritious options to vending machines throughout the Banner Health organization by comparing vended items' sales and nutrition information over 6 months compared to the same 6 months of the previous year. Twenty-three locations including corporate and patient-care centers. Changing vending machine composition toward more nutritious options. Comparisons of monthly aggregates of sales, units vended, calories, fat, sodium, and sugar vended by site. A pre-post analysis using paired t tests comparing 6 months before implementation to the equivalent 6 months postimplementation. Significant average monthly decreases were seen for calories (16.7%, P = .002), fat (27.4%, P ≤ .0001), sodium (25.9%, P ≤ .0001), and sugar (11.8%, P = .045) vended from 2014 to 2015. Changes in revenue and units vended did not change from 2014 to 2015 ( P = .58 and P = .45, respectively). Increasing the proportion of healthier options in vending machines from 20% to 80% significantly lowered the amount of calories, sodium, fat, and sugar vended, while not reducing units vended or having a negative financial impact.

Transport woes threaten California production

International Nuclear Information System (INIS)

Anon.

1994-01-01

California oil producers face a loss of production this year because of constraints on pipeline and tanker transportation to Los Angeles area refineries. The potential bottleneck is occurring at a time when Outer Continental Shelf production is near capacity from Chevron Corp.'s Point Arguello project at the same time production is increasing from Exxon Corp.'s nearby Santa Ynex Unit (SYU) expansion. Both megaprojects must compete for pipeline space with onshore crude producers, notably in California's San Joaquin Valley (SJV). Recent development limiting transportation options include: An indefinite shutdown of Four Corners Pipe Line Co.'s 50,000 b/d Line No. 1, damaged by the Jan. 17 earthquake; Loss of a tanker permit by Chevron and partners for offshore Point Arguello production; Permanent shutdown of Exxon's offshore storage and treatment (OST) facility, which since 1981 has used tankers to transport about 20,000 b/d of SYU production from the Santa Barbara Channel to Los Angeles. The OST, the first commercial floating production system in the US -- placed in the Santa Barbara Channel in 1981 after a decade of precedent setting legal and political battles -- was shut down Apr. 4. The paper discusses these production concerns, available options, the OST shutdown, and the troubled history of the OST

Nuclear Power Options Viability Study. Volume 4. Bibliography

Energy Technology Data Exchange (ETDEWEB)

Trauger, D B; White, J D; Sims, J W [eds.

1986-09-01

Documents in the Nuclear Power Options Viability Study (NPOVS) bibliography are classified under one of four headings or categories as follows: nuclear options; light water reactors; liquid metal reactors; and high temperature reactors. The collection and selection of these documents, beginning early in 1984 and continuing through March of 1986, was carried out in support of the study's objective: to explore the viabilities of several nuclear electric power generation options for commercial deployment in the United States between 2000 and 2010. There are approximately 550 articles, papers, reports, and books in the bibliography that have been selected from some 2000 surveyed. The citations have been made computer accessible to facilitate rapid on-line retrieval by keyword, author, corporate author, title, journal name, or document number.

Nuclear Power Options Viability Study. Volume 4. Bibliography

International Nuclear Information System (INIS)

Trauger, D.B.; White, J.D.; Sims, J.W.

1986-09-01

Documents in the Nuclear Power Options Viability Study (NPOVS) bibliography are classified under one of four headings or categories as follows: nuclear options; light water reactors; liquid metal reactors; and high temperature reactors. The collection and selection of these documents, beginning early in 1984 and continuing through March of 1986, was carried out in support of the study's objective: to explore the viabilities of several nuclear electric power generation options for commercial deployment in the United States between 2000 and 2010. There are approximately 550 articles, papers, reports, and books in the bibliography that have been selected from some 2000 surveyed. The citations have been made computer accessible to facilitate rapid on-line retrieval by keyword, author, corporate author, title, journal name, or document number

An analysis of tropical hardwood product importation and consumption in the United States

Science.gov (United States)

Paul M. Smith; Michael P. Haas; William G. Luppold; William G. Luppold

1995-01-01

The consumption of forest products emanating from tropical rainforests is an issue that is receiving increasing attention in the United States. This attention stems from concerns over the sustainability of tropical ecosystems. However, trade statistics show the United States imported only 4.0 percent of all tropical timber products traded globally in 1989. In addition...

Natural Products as New Treatment Options for Trichomoniasis: A Molecular Docking Investigation

Directory of Open Access Journals (Sweden)

Mary Snow Setzer

2017-01-01

Full Text Available Trichomoniasis, caused by the parasitic protozoan Trichomonas vaginalis, is the most common non-viral sexually-transmitted disease, and there can be severe complications from trichomoniasis. Antibiotic resistance in T. vaginalis is increasing, but there are currently no alternatives treatment options. There is a need to discover and develop new chemotherapeutic alternatives. Plant-derived natural products have long served as sources for new medicinal agents, as well as new leads for drug discovery and development. In this work, we have carried out an in silico screening of 952 antiprotozoal phytochemicals with specific protein drug targets of T. vaginalis. A total of 42 compounds showed remarkable docking properties to T. vaginalis methionine gamma-lyase (TvMGL and to T. vaginalis purine nucleoside phosphorylase (TvPNP. The most promising ligands were polyphenolic compounds, and several of these showed docking properties superior to either co-crystallized ligands or synthetic enzyme inhibitors.

Assessing options to increase water productivity in irrigated river basins using remote sensing and modelling tools

NARCIS (Netherlands)

Dam, van J.C.; Singh, R.; Bessembinder, J.J.E.; Leffelaar, P.A.; Bastiaanssen, W.G.M.; Jhorar, R.K.; Kroes, J.G.; Droogers, P.

2006-01-01

In regions where water is more scarce than land, the water productivity concept (e.g. crop yield per unit of water utilized) provides a useful framework to analyse crop production increase or water savings in irrigated agriculture. Generic crop and soil models were applied at field and regional

Investigation reactor D-2201 polypropylene production unit using nuclear technique

International Nuclear Information System (INIS)

Wibisono; Sugiharto; Jefri Simanjuntak

2016-01-01

D-2201 reactor is a unit in the polypropylene production process at Pertamina Refinery Unit III Plaju. Reactor with a capacity of 45 kilo liter is not operated in normal operation condition. The validity of liquid level indicator on the unit is doubtful when refers to the production quality. Gamma source of 150 mCi Cobalt-60 and a scintillation detector had been used to scan the outer wall of the reactor to detect the liquid level during operation with a capacity of 40 %. Measurements were made along the reactor walls with 25 mm scan resolution and 5 seconds time sampling. Experiment result shows that the liquid level at the position of 40 % and at normal level position are not observed. Investigation did not find the liquid level above normal. D-2201 is diagnose not normal operating condition diagnosed with liquid abundant passed the recommended limits. Investigation advised to repair or to calibrate the liquid level indicator which is currently installed. (author)

Feasibility study and concepts for use of compact process units to treat Hanford tank wastes

Energy Technology Data Exchange (ETDEWEB)

Collins, E.D.; Bond, W.D.; Campbell, D.O.; Harrington, F.E.; Malkemus, D.W.; Peishel, F.L.; Yarbro, O.O.

1994-06-01

A team of experienced radiochemical design engineers and chemists was assembled at Oak Ridge National Laboratory (ORNL) at the request of the Underground Storage Tank Integrated Demonstration (USTID) Program to evaluate the feasibility and perform a conceptual study of options for the use of compact processing units (CPUs), located at the Hanford, Washington, waste tank sites, to accomplish extensive pretreatment of the tank wastes using the clean-option concept. The scope of the ORNL study included an evaluation of the constraints of the various chemical process operations that may be employed and the constraints of necessary supporting operations. The latter include equipment maintenance and replacement, process control methods, product and by-product storage, and waste disposal.

Feasibility study and concepts for use of compact process units to treat Hanford tank wastes

International Nuclear Information System (INIS)

Collins, E.D.; Bond, W.D.; Campbell, D.O.; Harrington, F.E.; Malkemus, D.W.; Peishel, F.L.; Yarbro, O.O.

1994-06-01

A team of experienced radiochemical design engineers and chemists was assembled at Oak Ridge National Laboratory (ORNL) at the request of the Underground Storage Tank Integrated Demonstration (USTID) Program to evaluate the feasibility and perform a conceptual study of options for the use of compact processing units (CPUs), located at the Hanford, Washington, waste tank sites, to accomplish extensive pretreatment of the tank wastes using the clean-option concept. The scope of the ORNL study included an evaluation of the constraints of the various chemical process operations that may be employed and the constraints of necessary supporting operations. The latter include equipment maintenance and replacement, process control methods, product and by-product storage, and waste disposal

Development of the design of standardized units for the production of artificial radionuclides

International Nuclear Information System (INIS)

Auger, J.P.

1976-01-01

The production of artificial radionuclides began more than 20 years ago and has seen continuous growth at the rate over 20% a year. Technology has had to be adapted constantly to this growth in order to guarantee production and at the same time ensure the safety of personnel. The Department, which started its career in underground workings at Chatillon and then moved to the Saclay hot laboratories, is now housed in a building designed specially for the production of artificial radionuclides and equipped with standard production units. The first generation of standard units was sufficient to handle production which had begun to grow. Subsequently, thanks to the experience gained, there came into being a second generation of standardized units perfectly adapted to the new production requirements. The paper describes the evolution of design solutions between the first and the second standard, relating to contained cells, cell containment, remote control, interchangeability of cells, ventilation, waste discharge systems and repair of internal equipment. A highly positive evaluation can be made of the experience gained from the present standard. (author)

An analysis of unit tests of a flight software product line

NARCIS (Netherlands)

Ganesan, D.; Lindvall, M.; McComas, D.; Bartholomew, M.; Slegel, S.; Medina, B.; Krikhaar, R.; Verhoef, C.; Dharmalingam, G.; Montgomery, L.P.

2013-01-01

This paper presents an analysis of the unit testing approach developed and used by the Core Flight Software System (CFS) product line team at the NASA Goddard Space Flight Center (GSFC). The goal of the analysis is to understand, review, and recommend strategies for improving the CFS' existing unit

Follicular unit extraction as a therapeutic option for Vitiligo

Directory of Open Access Journals (Sweden)

S Sacchidanand

2013-01-01

Full Text Available Follicular unit extraction (FUE is a surgical procedure, which can be used to transplant follicular units into vitiliginous areas. Such follicular unit transplant has been recently used to repigment stable vitiligo patches. FUE was done for a 12-year-old female with a stable vitiligo patch with leukotrichia on the eyebrow. Repigmentation was noted in 6 weeks and complete pigmentation seen at 12 weeks. Leukotrichia resolved over a period of 6 months. No recurrence was noted at the end of 6 months follow-up with excellent colour match. This case is presented to highlight the simplicity, safety and effectiveness of FUE in stable vitiligo patches with leukotrichia.

Korean Crisis, 1994: Military Geography, Military Balance, Military Options. CRS Report for Congress

National Research Council Canada - National Science Library

Collins, John

1994-01-01

.... This report reviews military options open to each side as the United Nations, United States, and South Korea explore ways to resolve the resultant crisis peacefully despite threats of war from Pyongyang...

Steam and partial oxidation reforming options for hydrogen production from fossil fuels for PEM fuel cells

Directory of Open Access Journals (Sweden)

Yousri M.A. Welaya

2012-06-01

Full Text Available Proton exchange membrane fuel cell (PEM generates electrical power from air and from hydrogen or hydrogen rich gas mixtures. Therefore, there is an increasing interest in converting current hydrocarbon based marine fuels such as natural gas, gasoline, and diesel into hydrogen rich gases acceptable to the PEM fuel cells on board ships. Using chemical flow sheeting software, the total system efficiency has been calculated. Natural gas appears to be the best fuel for hydrogen rich gas production due to its favorable composition of lower molecular weight compounds. This paper presents a study for a 250 kW net electrical power PEM fuel cell system utilizing a partial oxidation in one case study and steam reformers in the second. This study has shown that steam-reforming process is the most competitive fuel processing option in terms of fuel processing efficiency. Partial oxidation process has proved to posses the lowest fuel processing efficiency. Among the options studied, the highest fuel processing efficiency is achieved with natural gas steam reforming system.

Impacts of reproductive technologies on beef production in the United States.

Science.gov (United States)

Dahlen, Carl; Larson, Jamie; Lamb, G Cliff

2014-01-01

Estimations of world population growth indicate that by the year 2050 we will reach nine billion habitants on earth. These estimates impose a tremendous challenge in the current agricultural systems as food supply will need to increase by 100 % in the next 40 years (Food and Agriculture Organization of the United Nations 2009). Beef will be a primary protein source that will assist in meeting the requirements for a portion of the protein in diets of this expanding global populace. Beef is a high-quality protein that contains all essential amino acids for the human body and also contains additional essential nutrients such as iron, zinc, B vitamins, riboflavin, selenium, choline, and conjugated linoleic acid (CLA). Adopting reproductive technologies at greater rates than currently used is a viable method to dramatically enhance production efficiency of beef cattle enterprises.Artificial insemination (AI), estrous synchronization and fixed-time AI (TAI), semen and embryo cryopreservation, multiple ovulation and embryo transfer (MOET), in vitro fertilization, sex determination of sperm or embryos, and nuclear transfer are technologies that are used to enhance the production efficiency of beef operations. In many cases, the development of these technologies is responsible for significant changes to traditional livestock production practices. However, adoption of these technologies appears to has not grown at the same rate in the United States as other formidable beef producing nations. For example, sales of beef semen for AI increased from 3.3 to 11.9 million units between 1993 and 2011 in Brazil, whereas that in the United States has increased from 2.9 to 3.8 million units during the same period. The significant increases in adoption of reproductive technologies in developing countries is likely as a result of the development of practical estrous synchronization and TAI systems that have allowed beef producers the opportunity to eliminate detection of estrus in their

Chapter 2. The production units

International Nuclear Information System (INIS)

1998-01-01

In the second chapter of this CD ROM the production units of the Slovak Electric, Plc. (Slovenske elektrarne, a.s.), are presented. It consist of next paragraphs: (1) Nuclear power plants (A-1 Nuclear Power Plant (History, Technological scheme, basic data are presented); V-1, V-2 Bohunice Nuclear Power Plant (History 1972-1985, technological scheme; nuclear safety, radiation protection, heat supply, international co-operation and basic data are presented); Mochovce Nuclear Power Plant (History 1980-1998, technological scheme, construction completion, milestones of commissioning, safety and environmental protection as well as basic data are included). (2) Conventional sources of energy (Vojany fossil power plant (History 1959-1992, Technological units of power plant, Impact of operation on the environment, Plant of Vojany FPP Renewal and Reconstruction, Basic data are listed), Novaky fossil power plant (History 1949-1998, Technological scheme, current investment construction, basic data, Handlova heating plant). Kosice Combined Heat Power Plant (History 1960-1995, technological scheme, State metrology centre, acredited chemical laboratory, basic data). (3) Hydroelectric power plants (Trencin HPPs: Cierny Vah pumped storage HPP, Liptovska Mara HPP, Orava HPP, Sucany HPP, Miksova HPP, Nosice HPP, Velke Kozmalovce HPP, Gabcikovo HPP, Dubnica HPP, Nove Mesto n/V HPP, Madunice HPP, Kralova HPP) and Dobsina HPPs: (Dobsina HPP, Ruzin HPP, Domasa HPP, small HPPs) are presented

Systemic approach in rural administration: Study of the family production unit

Directory of Open Access Journals (Sweden)

Adilson R. Paz Stamberg

2015-06-01

Full Text Available This paper focuses on understanding the rationality of production management and available resources in agricultural production unit (UPA, identifying its main technical and socioeconomic characteristics in order to make a diagnosis to subsidize the rural manager in decision making.This study was part of the extension project approved in the Institutional Incentive Extension Program of the Farroupilha Federal Institute (Brazil, prioritizing as object of study a family UPA in the municipality of Santo Antônio das Missões/RS/Brazil, being conducted between October-November 2014.As methodological procedure a survey was done with qualitative and quantitative data, such as natural resources, utilized agricultural area, herd, plant, machinery and equipment, availability of labor force and yields of the various cultivation subsystems, breeding and processing. This data was organized in a spreadsheet, which identifies the adopted production system and its main technical and socioeconomic characteristics. As proposed, technical and managerial intervention in the production system, proposed strategically to enhance milk production opposed to the soybean production, considering its high contribution in relation to the value added per unit area.Key Words: Rural Administration - Production management - Systemic approach.

Evaluation of syngas production unit cost of bio-gasification facility using regression analysis techniques

Energy Technology Data Exchange (ETDEWEB)

Deng, Yangyang; Parajuli, Prem B.

2011-08-10

Evaluation of economic feasibility of a bio-gasification facility needs understanding of its unit cost under different production capacities. The objective of this study was to evaluate the unit cost of syngas production at capacities from 60 through 1800Nm 3/h using an economic model with three regression analysis techniques (simple regression, reciprocal regression, and log-log regression). The preliminary result of this study showed that reciprocal regression analysis technique had the best fit curve between per unit cost and production capacity, with sum of error squares (SES) lower than 0.001 and coefficient of determination of (R 2) 0.996. The regression analysis techniques determined the minimum unit cost of syngas production for micro-scale bio-gasification facilities of $0.052/Nm 3, under the capacity of 2,880 Nm 3/h. The results of this study suggest that to reduce cost, facilities should run at a high production capacity. In addition, the contribution of this technique could be the new categorical criterion to evaluate micro-scale bio-gasification facility from the perspective of economic analysis.

Factors Affecting Productivity in the United States Naval Construction Force

National Research Council Canada - National Science Library

Morton, Darren

1997-01-01

By using a craftsman questionnaire, this thesis identifies and ranks the most important factors impairing Petty Officer productivity and morale in the United States Naval Construction Force (Seabees...

Energy exotic options

International Nuclear Information System (INIS)

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

1999-01-01

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

78 FR 25505 - Self-Regulatory Organizations; C2 Options Exchange, Incorporated; Notice of Filing and Immediate...

Science.gov (United States)

2013-05-01

...''), Apple, Inc. (``AAPL''), SPDR Gold Trust (``GLD''), Google Inc. (``GOOG'') and Amazon.com Inc. (``AMZN... equity and exchange-traded fund (``ETF'') option contracts have a unit of trading of 100 shares... standard equity and ETF options, including exercise style. Accordingly, the mini-option filing contained a...

Fluorescent lamp recycling initiatives in the United States and a recycling proposal based on extended producer responsibility and product stewardship concepts.

Science.gov (United States)

Silveira, Geraldo Tr; Chang, Shoou-Yuh

2011-06-01

This paper presents an overview of mercury-containing lamp (MCL) recycling initiatives currently available in the world, especially in the United States. The majority of MCLs contain mercury which is a neurotoxin, a persistent pollutant in the environment, and can bioaccumulate in the food chain. Although there are some recycling options in the United States, collection rates are still at 23% of all potential used MCLs. This shows that citizens are either indifferent to or unaware of the recycling alternatives. On the other hand, MCL recycling seems not to be a cost-effective process and, for this reason, in the United States, take-back programmes are still sponsored only by consumers or municipalities. A few retailers have recently initiated limited take-back alternatives and manufacturers have not yet supported financially any consistent recycling alternative in the country. Considering successful experiences, this paper makes a suggestion for an MCL recycling system based on the concepts of extended producer responsibility and product stewardship. A manufacturer-importer advance recycling fee is proposed to finance the collection and recycling system while a MCL-energy recycling fee supported by the energy sector creates a lamp refund process. 'PRO Lamp', a producer responsibility organization, will manage the entire system through a widespread public-private agreement.

Using electricity options to hedge against financial risks of power producers

DEFF Research Database (Denmark)

Pineda Morente, Salvador; Conejo, Antonio J.

2013-01-01

or unexpected unit failures faced by power producers. A multi-stage stochastic model is described in this tutorial paper to determine the optimal forward and option contracting decisions for a risk-averse power producer. The key features of electricity options to reduce both price and availability risks......As a consequence of competition in electricity markets, a wide variety of financial derivatives have emerged to allow market agents to hedge against risks. Electricity options and forward contracts constitute adequate instruments to manage the financial risks pertaining to price volatility...

9 CFR 381.209 - Returned United States inspected and marked poultry products; exemption.

Science.gov (United States)

2010-01-01

... PRODUCTS INSPECTION AND VOLUNTARY INSPECTION AND CERTIFICATION POULTRY PRODUCTS INSPECTION REGULATIONS... 9 Animals and Animal Products 2 2010-01-01 2010-01-01 false Returned United States inspected and marked poultry products; exemption. 381.209 Section 381.209 Animals and Animal Products FOOD SAFETY AND...

Mitigation options in forestry, land-use change and biomass burning in Africa

Energy Technology Data Exchange (ETDEWEB)

Makundi, Willy R.L. [Univ. of California, Lawrence Berkeley National Lab. (United States)

1998-10-01

Mitigation options to reduce greenhouse gas emissions and sequester carbon in land use sectors are described in some detail. The paper highlights those options in the forestry sector, which are more relevant to different parts of Africa. It briefly outlines a bottom-up methodological framework for comprehensively assessing mitigation options in land use sectors. This method emphasizes the application of end-use demand projections to construct baseline and mitigation scenarios and explicitly addresses the carbon storage potential on land an in wood products, as well as use of wood to substitute for fossil fuels. Cost-effectiveness indicators for ranking mitigation options are proposed, including those which account for non-carbon monetary benefits such as those derived from forest products, as well as opportunity cost of pursuing specific mitigation option. The paper finally surveys the likely policies, barriers and incentives to implement such mitigation options in African countries. (au) 13 refs.

Mitigation Options in Forestry, Land-Use, Change and Biomass Burning in Africa

International Nuclear Information System (INIS)

Makundi, Willy R.

1998-01-01

Mitigation options to reduce greenhouse gas emissions and sequester carbon in land use sectors are describe in some detail. The paper highlights those options in the forestry sector, which are more relevant to different parts of Africa. It briefly outlines a bottom-up methodological framework for comprehensively assessing mitigation options in land use sectors. This method emphasizes the application of end-use demand projections to construct a baseline and mitigation scenarios and explicitly addresses the carbon storage potential on land and in wood products, as well as use of wood to substitute for fossil fuels. Cost-effectiveness indicators for ranking mitigation options are proposed, including those, which account for non-carbon monetary benefits such as those derived from forest products, as well as opportunity cost of pursuing specific mitigation option. The paper finally surveys the likely policies, barriers and incentives to implement such mitigation options in African countries.; copyrighted ; Y

Mitigation options in forestry, land-use change and biomass burning in Africa

International Nuclear Information System (INIS)

Makundi, Willy R.L.

1998-01-01

Mitigation options to reduce greenhouse gas emissions and sequester carbon in land use sectors are described in some detail. The paper highlights those options in the forestry sector, which are more relevant to different parts of Africa. It briefly outlines a bottom-up methodological framework for comprehensively assessing mitigation options in land use sectors. This method emphasizes the application of end-use demand projections to construct baseline and mitigation scenarios and explicitly addresses the carbon storage potential on land an in wood products, as well as use of wood to substitute for fossil fuels. Cost-effectiveness indicators for ranking mitigation options are proposed, including those which account for non-carbon monetary benefits such as those derived from forest products, as well as opportunity cost of pursuing specific mitigation option. The paper finally surveys the likely policies, barriers and incentives to implement such mitigation options in African countries. (au) 13 refs

Water desalination using different capacity reactors options

International Nuclear Information System (INIS)

Alonso, G.; Vargas, S.; Del Valle, E.; Ramirez, R.

2010-01-01

The Northwest region of Mexico has a deficit of potable water, along this necessity is the region growth, which requires of additional energy capacity, cogeneration of potable water production and nuclear electricity is an option to be assessed. In this paper we will perform an economical comparison for cogeneration using a big reactor, the AP1000, and a medium size reactor, the IRIS, both of them are PWR type reactors and will be coupled to the desalination plant using the same method. For this cogeneration case we will assess the best reactor option that can cover both needs using the maximum potable water production for two different desalination methods: Multistage Flash Distillation and Multi-effect Distillation. (authors)

Options for cost-effectively reducing atmospheric methane concentrations from anthropogenic biomass sources

International Nuclear Information System (INIS)

Roos, K.F.; Jacobs, C.; Orlic, M.

1993-01-01

Methane is a major greenhouse gas, second only to carbon dioxide in its contribution to future global warming. Methane concentrations have more than doubled over the last two centuries and continue to rise annually. These increases are largely correlated with increasing human populations. Methane emissions from human related activities currently account for about 70 percent of annual emissions. Of these human related emissions, biomass sources account for about 75 percent and non-biomass sources about 25 percent. Because methane has a shorter lifetime than other major greenhouse gases, efforts to reduce methane emissions may fairly quickly be translated into lower atmospheric concentrations of methane and lower levels of radiative forcing. This fairly quick response would have the benefit of slowing the rate of climate change and hence allow natural ecosystems more time to adapt. Importantly, methane may be cost-effectively reduced from a number of biomass and non-biomass sources in the United States and worldwide. Methane is a valuable fuel, not just a waste by-product, and often systems may be reconfigured to reap the fuel value of the methane and more than justify the necessary expenditures. Such options for reducing methane emission from biomass sources exist for landfills, livestock manures, and ruminant livestock, and have been implemented to varying degrees in countries around the world. However, there are a number of barriers that hinder the more widespread use of technologies, including institutional, financial, regulatory, informational, and other barriers. This paper describes an array of available options that may be cost-effectively implemented to reduce methane emissions from biomass sources. This paper also discusses a number of programs that have been developed in the United States and internationally to promote the implementation of these methane reduction options and overcome existing barriers

Liquid hydrogen production and commercial demand in the United States

Science.gov (United States)

Heydorn, Barbara

1990-01-01

Kennedy Space Center, the single largest purchaser of liquid hydrogen (LH2) in the United States, evaluated current and anticipated hydrogen production and consumption in the government and commercial sectors. Specific objectives of the study are as follows: (1) identify LH2 producers in the United States and Canada during 1980-1989 period; (2) compile information in expected changes in LH2 production capabilities over the 1990-2000 period; (3) describe how hydrogen is used in each consuming industry and estimate U.S. LH2 consumption for the chemicals, metals, electronics, fats and oil, and glass industries, and report data on a regional basis; (4) estimate historical and future consumption; and (5) assess the influence of international demands on U.S. plants.

Green Power Marketing in the United States: A Status Report, Sixth Edition

Energy Technology Data Exchange (ETDEWEB)

Bird, L.; Swezey, B.

2003-10-01

Voluntary consumer decisions to purchase electricity supplied from renewable energy sources represent a powerful market support mechanism for renewable energy development. Beginning in the early 1990s, a small number of U.S. utilities began offering''green power'' options to their customers. Since then, these products have become more prevalent both from utilities and in states that have introduced competition into their retail electricity markets. Today, nearly 50% of all U.S. consumers have an option to purchase some type of green power product from a retail electricity provider. Currently, more than 350 investor-owned utilities, rural electric cooperatives, and other publicly owned utilities in 33 states offer green power programs. This report provides an overview of green power marketing activity in the United States. It describes green power product offerings, consumer response, and recent industry trends. The three distinct markets for green power are discussed in turn.

76 FR 41525 - Hewlett Packard Global Parts Supply Chain, Global Product Life Cycles Management Unit Including...

Science.gov (United States)

2011-07-14

... Parts Supply Chain, Global Product Life Cycles Management Unit Including Teleworkers Reporting to... workers of Hewlett Packard, Global Parts Supply Chain, Global Product Life Cycles Management Unit...). Since eligible workers of Hewlett Packard, Global Parts Supply Chain, Global Product Life Cycles...

Corporate investment under uncertainty and competition : A real options approach

NARCIS (Netherlands)

Pawlina, G.

2003-01-01

Corporate investment opportunities can be represented as a set of (real) options to acquire productive assets. Identification of the optimal exercise strategies for these options plays a crucial role in improving the quality of capital budgeting decisions and, as a consequence, in maximizing

Corn Production. A Unit for Teachers of Vocational Agriculture. Production Agriculture Curriculum Materials Project.

Science.gov (United States)

Grace, Clyde, Jr.

Designed to provide instructional materials for use by vocational agriculture teachers, this unit contains nine lessons based upon competencies needed to maximize profits in corn production. The lessons cover opportunities for growing corn; seed selection; seedbed preparation; planting methods and practices; fertilizer rates and application;…

Improving productivity and welfare among workers of small and household textile and garment units in India

Directory of Open Access Journals (Sweden)

Sanjay RODE

2009-06-01

Full Text Available Global Production System has changed remarkably over the period of time. In order to cope up with the change in the nature and type of production, the small and household garment and textile units are employing the younger and skilled labor force. The workers in these units are employed on the contract, causal and temporary basis. They are not given the different benefits as applicable to the large scale unit workers. Such workers are employed more hours and weekly holidays are not given to them. The small and household units are simply maximizing their interest and profit. Such capitalist nature of productive activities makes the labor worse. They are given less wages and classified as unskilled workers. Workers are not given proper training and security of work by these units. Their access to productive assets and standard of living is low as compare to the large unit’s workers. In order to improve the workers conditions, minimum wage should be given to all workers in small and household units. Such units must maintain their annual records of transactions. Small and household units must send their workers for compulsory training. Work place environment, minimum hours of work are required to regulate in these sectors. Immediate steps will have positive impact on workers earning and standard of living. It will help for further productivity enhancement.

Some Thoughts after the Inaugural Meeting of the International Forum on Sustainable Options in Uranium Production

International Nuclear Information System (INIS)

Tano, M.L.

2009-01-01

This paper examines the discussions at the inaugural meeting International Forum on Sustainable Options in Uranium Production and suggests that to be successful, IFSOUP should be organized as a network of disparate entities whose activities are related to a broad range of effects, including not only the actual mining, processing and regulation of uranium, but also social, cultural, economic, political, informational, educational, and other factors. The endeavor called IFSOUP is made up of those entities that are cooperating (consciously or deliberately) in some particular context and those whose behavior is expected to aid those actors who have chosen to cooperate. (authors)

How federalism shapes public health financing, policy, and program options.

Science.gov (United States)

Ogden, Lydia L

2012-01-01

In the United States, fiscal and functional federalism strongly shape public health policy and programs. Federalism has implications for public health practice: it molds financing and disbursement options, including funding formulas, which affect allocations and program goals, and shapes how funding decisions are operationalized in a political context. This article explores how American federalism, both fiscal and functional, structures public health funding, policy, and program options, investigating the effects of intergovernmental transfers on public health finance and programs.

Perspective on long-range nuclear energy options

International Nuclear Information System (INIS)

Harms, W.O.

1977-01-01

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

20 CFR 416.2035 - Optional supplementation: Additional State options.

Science.gov (United States)

2010-04-01

... 20 Employees' Benefits 2 2010-04-01 2010-04-01 false Optional supplementation: Additional State options. 416.2035 Section 416.2035 Employees' Benefits SOCIAL SECURITY ADMINISTRATION SUPPLEMENTAL... § 416.2035 Optional supplementation: Additional State options. (a) Residency requirement. A State or...

Total Factor Productivity Convergence in Africa: Panel Unit Root ...

African Journals Online (AJOL)

The study tested absolute and conditional convergence of Total Factor Productivity in Africa using a sample of 23 countries and TFP data covering the period between 1960 and 2003 while deploying the panel unit root methodology. Countries that have experienced sustained economic growth rate are found to have ...

Recognition For Index Option Contracts U nder IAS 39 And IFRS 9 – The Case Of Option Contracts Bound To BIST 30 Index

Directory of Open Access Journals (Sweden)

Nevran Karaca

2014-09-01

Full Text Available There is a limited number of academic studies about accoun ting for derivative products but non of them relating to the accounting for index option contracts. Within the scope of the study, it is aimed to indicate accounting regulations and procedures to be followed under IAS 39 and IFRS 9 for option contracts whi ch traded in Futures and Options Exchange. The BIST 30 index option contracts having the highest volume of transaction and traded in VIOP is the main subject of the study via this objective. It is aimed to make the issue explicit by the help of a fictional ized example about these contracts.

78 FR 17648 - Energy Conservation Program for Consumer Products: Representative Average Unit Costs of Energy

Science.gov (United States)

2013-03-22

... Conservation Program for Consumer Products: Representative Average Unit Costs of Energy'', dated April 26, 2012... DEPARTMENT OF ENERGY Office of Energy Efficiency and Renewable Energy Energy Conservation Program for Consumer Products: Representative Average Unit Costs of Energy AGENCY: Office of Energy Efficiency...

Beef Cattle Production. An Instructional Unit for Teachers of Adult Vocational Education in Agriculture.

Science.gov (United States)

Metzger, Bruce; Iverson, Maynard J.

The unit on beef cattle production is designed primarily for the adult farmer program in Kentucky as an aid to making the beef enterprise more profitable. It is aimed primarily at the commercial producer. The lessons center on some of the more important economic points in beef cattle production. Ten lessons comprise the unit, which can be adapted…

Design Evolution Study - Aging Options

International Nuclear Information System (INIS)

McDaniel, P.

2002-01-01

The purpose of this study is to identify options and issues for aging commercial spent nuclear fuel received for disposal at the Yucca Mountain Mined Geologic Repository. Some early shipments of commercial spent nuclear fuel to the repository may be received with high-heat-output (younger) fuel assemblies that will need to be managed to meet thermal goals for emplacement. The capability to age as much as 40,000 metric tons of heavy metal of commercial spent nuclear he1 would provide more flexibility in the design to manage this younger fuel and to decouple waste receipt and waste emplacement. The following potential aging location options are evaluated: (1) Surface aging at four locations near the North Portal; (2) Subsurface aging in the permanent emplacement drifts; and (3) Subsurface aging in a new subsurface area. The following aging container options are evaluated: (1) Complete Waste Package; (2) Stainless Steel inner liner of the waste package; (3) Dual Purpose Canisters; (4) Multi-Purpose Canisters; and (5) New disposable canister for uncanistered commercial spent nuclear fuel. Each option is compared to a ''Base Case,'' which is the expected normal waste packaging process without aging. A Value Engineering approach is used to score each option against nine technical criteria and rank the options. Open issues with each of the options and suggested future actions are also presented. Costs for aging containers and aging locations are evaluated separately. Capital costs are developed for direct costs and distributable field costs. To the extent practical, unit costs are presented. Indirect costs, operating costs, and total system life cycle costs will be evaluated outside of this study. Three recommendations for aging commercial spent nuclear fuel--subsurface, surface, and combined surface and subsurface are presented for further review in the overall design re-evaluation effort. Options that were evaluated but not recommended are: subsurface aging in a new

Multi-criteria sustainability analysis of thermal power plant Kolubara-A Unit 2

International Nuclear Information System (INIS)

Škobalj, P.; Kijevčanin, M.; Afgan, N.; Jovanović, M.; Turanjanin, V.; Vučićević, B.

2017-01-01

The paper presents a possible approach for creating business decisions based on multi-criteria analysis. Seven options for a possible revitalization of the thermal power plant “Kolubara”-A Unit No. 2 with energy indicators of sustainable development (EISD) are presented in this paper. The chosen EISD numerically express the essential features of the analyzed options, while the sustainability criteria indicate the option quality within the limits of these indicators. In this paper, the criteria for assessing the sustainability options are defined based on several aspects: economic, social, environmental and technological. In the process of assessing the sustainability of the considered options the Analysis and Synthesis of Parameters under Information Deficiency (ASPID) method was used. In this paper, the EISD show that production and energy consumption are closely linked to economic, environmental and other indicators, such as economic and technological development of local communities with employment being one of the most important social parameter. Multi-criteria analysis for the case study of the TPP “Kolubara”-A clearly indicated recommendations to decision makers on the choice of the best available options in dependence on the energy policy. - Highlights: • Options for sustainable generation of electricity have been proposed. • Energy Indicators of Sustainable Development have been formed. • ASPID methodology has been implemented.

Open-pit coal mine production sequencing incorporating grade blending and stockpiling options: An application from an Indian mine

Science.gov (United States)

Kumar, Ashish; Chatterjee, Snehamoy

2017-05-01

Production scheduling is a crucial aspect of the mining industry. An optimal and efficient production schedule can increase the profits manifold and reduce the amount of waste to be handled. Production scheduling for coal mines is necessary to maintain consistency in the quality and quantity parameters of coal supplied to power plants. Irregularity in the quality parameters of the coal can lead to heavy losses in coal-fired power plants. Moreover, the stockpiling of coal poses environmental and fire problems owing to low incubation periods. This article proposes a production scheduling formulation for open-pit coal mines including stockpiling and blending opportunities, which play a major role in maintaining the quality and quantity of supplied coal. The proposed formulation was applied to a large open-pit coal mine in India. This contribution provides an efficient production scheduling formulation for coal mines after utilizing the stockpile coal within the incubation periods with the maximization of discounted cash flows. At the same time, consistency is maintained in the quality and quantity of coal to power plants through blending and stockpiling options to ensure smooth functioning.

Unit Price Scaling Trends for Chemical Products

Energy Technology Data Exchange (ETDEWEB)

Qi, Wei [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Sathre, Roger [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Morrow, III, William R. [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Shehabi, Arman [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)

2015-08-01

To facilitate early-stage life-cycle techno-economic modeling of emerging technologies, here we identify scaling relations between unit price and sales quantity for a variety of chemical products of three categories - metal salts, organic compounds, and solvents. We collect price quotations for lab-scale and bulk purchases of chemicals from both U.S. and Chinese suppliers. We apply a log-log linear regression model to estimate the price discount effect. Using the median discount factor of each category, one can infer bulk prices of products for which only lab-scale prices are available. We conduct out-of-sample tests showing that most of the price proxies deviate from their actual reference prices by a factor less than ten. We also apply the bootstrap method to determine if a sample median discount factor should be accepted for price approximation. We find that appropriate discount factors for metal salts and for solvents are both -0.56, while that for organic compounds is -0.67 and is less representative due to greater extent of product heterogeneity within this category.

Options for converting excess plutonium to feed for the MOX fuel fabrication facility

Energy Technology Data Exchange (ETDEWEB)

Watts, Joe A [Los Alamos National Laboratory; Smith, Paul H [Los Alamos National Laboratory; Psaras, John D [Los Alamos National Laboratory; Jarvinen, Gordon D [Los Alamos National Laboratory; Costa, David A [Los Alamos National Laboratory; Joyce, Jr., Edward L [Los Alamos National Laboratory

2009-01-01

The storage and safekeeping of excess plutonium in the United States represents a multibillion-dollar lifecycle cost to the taxpayers and poses challenges to National Security and Nuclear Non-Proliferation. Los Alamos National Laboratory is considering options for converting some portion of the 13 metric tons of excess plutonium that was previously destined for long-term waste disposition into feed for the MOX Fuel Fabrication Facility (MFFF). This approach could reduce storage costs and security ri sks, and produce fuel for nuclear energy at the same time. Over the course of 30 years of weapons related plutonium production, Los Alamos has developed a number of flow sheets aimed at separation and purification of plutonium. Flow sheets for converting metal to oxide and for removing chloride and fluoride from plutonium residues have been developed and withstood the test oftime. This presentation will address some potential options for utilizing processes and infrastructure developed by Defense Programs to transform a large variety of highly impure plutonium into feedstock for the MFFF.

Techno-economic assessment of FT unit for synthetic diesel production in existing stand-alone biomass gasification plant using process simulation tool

DEFF Research Database (Denmark)

Hunpinyo, Piyapong; Narataruksa, Phavanee; Tungkamani, Sabaithip

2014-01-01

For alternative thermo-chemical conversion process route via gasification, biomass can be gasified to produce syngas (mainly CO and H2). On more applications of utilization, syngas can be used to synthesize fuels through the catalytic process option for producing synthetic liquid fuels...... such as Fischer-Tropsch (FT) diesel. The embedding of the FT plant into the stand-alone based on power mode plants for production of a synthetic fuel is a promising practice, which requires an extensive adaptation of conventional techniques to the special chemical needs found in a gasified biomass. Because...... there are currently no plans to engage the FT process in Thailand, the authors have targeted that this work focus on improving the FT configurations in existing biomass gasification facilities (10 MWth). A process simulation model for calculating extended unit operations in a demonstrative context is designed...

Comparison between three option, four option and five option multiple choice question tests for quality parameters: A randomized study.

Science.gov (United States)

Vegada, Bhavisha; Shukla, Apexa; Khilnani, Ajeetkumar; Charan, Jaykaran; Desai, Chetna

2016-01-01

Most of the academic teachers use four or five options per item of multiple choice question (MCQ) test as formative and summative assessment. Optimal number of options in MCQ item is a matter of considerable debate among academic teachers of various educational fields. There is a scarcity of the published literature regarding the optimum number of option in each item of MCQ in the field of medical education. To compare three options, four options, and five options MCQs test for the quality parameters - reliability, validity, item analysis, distracter analysis, and time analysis. Participants were 3 rd semester M.B.B.S. students. Students were divided randomly into three groups. Each group was given one set of MCQ test out of three options, four options, and five option randomly. Following the marking of the multiple choice tests, the participants' option selections were analyzed and comparisons were conducted of the mean marks, mean time, validity, reliability and facility value, discrimination index, point biserial value, distracter analysis of three different option formats. Students score more ( P = 0.000) and took less time ( P = 0.009) for the completion of three options as compared to four options and five options groups. Facility value was more ( P = 0.004) in three options group as compared to four and five options groups. There was no significant difference between three groups for the validity, reliability, and item discrimination. Nonfunctioning distracters were more in the four and five options group as compared to three option group. Assessment based on three option MCQs is can be preferred over four option and five option MCQs.

Probiotic Products in Canada with Clinical Evidence: What Can Gastroenterologists Recommend?

Directory of Open Access Journals (Sweden)

Gregor Reid

2008-01-01

Full Text Available Probiotics, defined as ‘live microorganisms, which when administered in adequate amounts, confer a health benefit on the host’, are finally becoming an option for gastroenterologists in Canada, after being available for many years in Japan, Europe and the United States of America. Unfortunately, Health Canada and the US Food and Drug Administration have not controlled the use of the term ‘probiotic’ or put into place United Nations and World Health Organization guidelines. The net result is that a host of products called ‘probiotics’ are available but are not truly probiotic. The aim of the present review was to discuss the rationale for probiotics in gastroenterology, and specifically examine which products are options for physicians in Canada, and which ones patients might be using. It is hoped that by clarifying what probiotics are, and the strengths and limitations of their use, specialists will be better placed to make recommendations on the role of these products in patient care. In due course, more clinically documented probiotics will emerge, some with therapeutic effects based on a better understanding of disease processes.

Error Analysis for Fourier Methods for Option Pricing

KAUST Repository

Häppölä, Juho

2016-01-06

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

Analysis on one type of swing option in the energy market

International Nuclear Information System (INIS)

Mistry, Hetal A.

2005-01-01

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

Options for near-term phaseout of CO(2) emissions from coal use in the United States.

Science.gov (United States)

Kharecha, Pushker A; Kutscher, Charles F; Hansen, James E; Mazria, Edward

2010-06-01

The global climate problem becomes tractable if CO(2) emissions from coal use are phased out rapidly and emissions from unconventional fossil fuels (e.g., oil shale and tar sands) are prohibited. This paper outlines technology options for phasing out coal emissions in the United States by approximately 2030. We focus on coal for physical and practical reasons and on the U.S. because it is most responsible for accumulated fossil fuel CO(2) in the atmosphere today, specifically targeting electricity production, which is the primary use of coal. While we recognize that coal emissions must be phased out globally, we believe U.S. leadership is essential. A major challenge for reducing U.S. emissions is that coal provides the largest proportion of base load power, i.e., power satisfying minimum electricity demand. Because this demand is relatively constant and coal has a high carbon intensity, utility carbon emissions are largely due to coal. The current U.S. electric grid incorporates little renewable power, most of which is not base load power. However, this can readily be changed within the next 2-3 decades. Eliminating coal emissions also requires improved efficiency, a "smart grid", additional energy storage, and advanced nuclear power. Any further coal usage must be accompanied by carbon capture and storage (CCS). We suggest that near-term emphasis should be on efficiency measures and substitution of coal-fired power by renewables and third-generation nuclear plants, since these technologies have been successfully demonstrated at the relevant (commercial) scale. Beyond 2030, these measures can be supplemented by CCS at power plants and, as needed, successfully demonstrated fourth-generation reactors. We conclude that U.S. coal emissions could be phased out by 2030 using existing technologies or ones that could be commercially competitive with coal within about a decade. Elimination of fossil fuel subsidies and a substantial rising price on carbon emissions are the

76 FR 14284 - Domestic Shipping Services Product Launch of Parcel Select Regional Ground

Science.gov (United States)

2011-03-16

... POSTAL SERVICE 39 CFR Part 111 Domestic Shipping Services Product Launch of Parcel Select Regional... Standards of the United States Postal Service, Domestic Mail Manual (DMM[supreg]), to introduce a new competitive shipping option, Parcel Select Regional Ground \\TM\\ service. DATES: Effective Date: April 17, 2011...

Potential Bioenergy Options in Developed and Developing Countries

African Journals Online (AJOL)

Plant –based energy production (energy crops, forest growth) and residue and waste based fuels can substitute fossil fuels in a sustainable and environmental friendly way. In this study, bioenergy includes bio-resources that can be potentially used for modern energy production. Modern bioenergy options offer significant, ...

Spent fuel storage - dry storage options and issues

International Nuclear Information System (INIS)

Akins, M.J.

2007-01-01

The increase in the number of nuclear energy power generation facilities will require the ability to store the spent nuclear fuel for a long period until the host countries develop reprocessing or disposal options. Plants have storage pools which are closely associated with the operating units. These are excellent for short term storage, but require active maintenance and operations support which are not desirable for the long term. Over the past 25 years, dry storage options have been developed and implemented throughout the world. In recent years, protection against terrorist attack has become an increasing source of design objectives for these facilities, as well as the main nuclear plant. This paper explores the current design options of dry storage cask systems and examines some of the current design issues for above ground , in-ground, or below-ground storage of spent fuel in dry casks. (author)

Scaling net ecosystem production and net biome production over a heterogeneous region in the Western United States

Science.gov (United States)

D.P. Turner; W.D. Ritts; B.E. Law; W.B. Cohen; Z. Yan; T. Hudiburg; J.L. Campbell; M. Duane

2007-01-01

Bottom-up scaling of net ecosystem production (NEP) and net biome production (NBP) was used to generate a carbon budget for a large heterogeneous region (the state of Oregon, 2.5x105 km2 ) in the Western United States. Landsat resolution (30 m) remote sensing provided the basis for mapping land cover and disturbance history...

Youth tobacco product use in the United States.

Science.gov (United States)

Lee, Youn Ok; Hebert, Christine J; Nonnemaker, James M; Kim, Annice E

2015-03-01

Noncigarette tobacco products are increasingly popular among youth, especially cigarette smokers. Understanding multiple tobacco product use is necessary to assess the effects of tobacco products on population health. This study examines multiple tobacco product use and associated risk factors among US youth. Estimates of current use were calculated for cigarettes, cigars, smokeless tobacco, hookah, e-cigarettes, pipes, bidis, kreteks, snus, and dissolvable tobacco by using data from the 2012 National Youth Tobacco Survey (n = 24 658), a nationally representative sample of US middle and high school students. Associations between use patterns and demographic characteristics were examined by using multinomial logistic regression. Among youth, 14.7% currently use 1 or more tobacco products. Of these, 2.8% use cigarettes exclusively, and 4% use 1 noncigarette product exclusively; 2.7% use cigarettes with another product (dual use), and 4.3% use 3 or more products (polytobacco use). Twice as many youth use e-cigarettes alone than dual use with cigarettes. Among smokers, polytobacco use was significantly associated with male gender (adjusted relative risk ratio [aRRR] = 3.71), by using flavored products (aRRR = 6.09), nicotine dependence (aRRR = 1.91), tobacco marketing receptivity (aRRR = 2.52), and perceived prevalence of peer use of tobacco products (aRRR = 3.61, 5.73). More than twice as many youth in the United States currently use 2 or more tobacco products than cigarettes alone. Continued monitoring of tobacco use patterns is warranted, especially for e-cigarettes. Youth rates of multiple product use involving combustible products underscore needs for research assessing potential harms associated with these patterns. Copyright © 2015 by the American Academy of Pediatrics.

Maximizing profits associated with abandonment decisions and options

International Nuclear Information System (INIS)

Antia, D.D.J.

1994-01-01

Economic strategies which are designed to maximize profits associated with abandonment decisions and options focus on: extending field life; offsetting of economic risks onto a third party; reuse of facilities and infrastructure; expansion of associated secondary processing and distribution capabilities and usage; and the sale of abandonment units to a third party

Research on Agricultural Product Options Pricing Based on Lévy Copula

Science.gov (United States)

Qiu, Hong

2017-11-01

China is a large agricultural country, and the healthy development of agriculture is related to the stability of the whole society. With the advancement of modern agriculture and the expansion of agricultural scale, the demand for farmers to avoid market risks is increasingly urgent. Option trading has the effect of attracting farmers’ intervention, promoting order agriculture development, perfecting agricultural support policy and promoting the development of agricultural futures market. Relative to the futures, the option transaction because the margin is low, reducing the trader’s entry threshold, you can make more small and medium investors to participate. This is not only active in the futures market, but also for many small and medium investors to provide effective financial management tools.

The incremental cost of switching from Option B to Option B+ for the prevention of mother-to-child transmission of HIV.

Science.gov (United States)

O'Brien, Lisa; Shaffer, Nathan; Sangrujee, Nalinee; Abimbola, Taiwo O

2014-03-01

To estimate the incremental cost over 5 years of a policy switch from the Option B to the Option B+ protocol for the prevention of mother-to-child transmission (PMTCT) of the human immunodeficiency virus (HIV). Data from cost studies and other published sources were used to determine the cost, per woman and per cohort (1000 breastfeeding and 1000 non-breastfeeding women), of switching from Option B (maternal triple antiretroviral [ARV] regimen during pregnancy and breastfeeding plus daily nevirapine for the infant for 6 weeks) to Option B+ (maternal triple ARV regimen initiated during pregnancy and continued for life). The variables used to model the different scenarios were maternal CD4+ T lymphocyte (CD4+ cell) count (350-500 versus > 500 cells/µl), rate of decline in CD4+ cells (average, rapid, slow), breastfeeding status (yes, no) and breastfeeding duration (12, 18 or 24 months). For women with CD4+ cell counts of 350-500 cells/µl, the incremental cost per 1000 women was 157,345 United States dollars (US$) for breastfeeding women and US$ 92,813 for non-breastfeeding women. For women with CD4+ cell counts > 500 cells/µl, the incremental cost per 1000 women ranged from US$ 363,443 to US$ 484,591 for breastfeeding women and was US$ 605,739 for non-breastfeeding women. From a cost perspective, a policy switch from Option B to Option B+ is feasible in PMTCT programme settings where resources are currently being allocated to Option B.

Selecting appropriate technology for hydrogen production

International Nuclear Information System (INIS)

Tamhankar, S.S.

2004-01-01

'Full text:' Technologies for the production of synthesis gas (H2 + CO), a precursor to hydrogen, from a variety of fossil fuels are well known in industrial applications at relatively large scale. These include Steam Reforming (SR), Auto-Thermal Reforming (ATR) and Partial Oxidation (POX). A particular technology is selected based on the feed type and the desired products. Steam reforming is a mature technology, and is most prevalent for hydrogen production because of its high efficiency. However, at the smaller scale, the capital cost becomes a more significant factor, and a substantial reduction in this cost is necessary to meet the overall H2 gas cost targets, such as that stated by DOE ($1.50/kg). In developing small-scale H2 technologies, often, incremental improvements are incorporated. While useful, these are not adequate for the desired cost reduction. Also, for effective cost reduction, the whole system, including production, purification and associated equipment needs to be evaluated; cost reduction in just one of the units is not sufficient. This paper provides a critical assessment of the existing as well as novel technology options, specifically targeted at small scale H2 production. The technology options are evaluated to clearly point out which may or may not work and why. (author)

Fabrication and testing history prototypes and production units

Energy Technology Data Exchange (ETDEWEB)

1954-09-01

From April, 1951 to Aug, 1954, New York Shipbuilding Corp. carried out a subcontract with E.I. du Pont de Nemours & Company that was without parallel in the shipyard`s history. The work, designated the NYX Project for reasons of security, was vital to the operations of the Savannah River Plant, Aiken, S.C., which was then being designed and constructed by du Pont for the Atomic Energy Commission. It consisted of three broad parts: developmental and experimental work; fabrication and testing of a prototype unit; fabrication of production units. Five production units were ultimately built, one of them converted from the prototype. All were fabricated from stainless steel, and involved welding techniques, control of thermal distortion and tolerances never previously attempted on assemblies of comparable size. Du Pont`s technical experience and the background of New York Ship in heavy construction, particularly in the fabrication of naval gun turrets, were combined from the outset to resolve the difficult fabrication problems that occurred almost daily. Representatives of both companies worked together as a team in the shops and at supervisory levels to an unprecedented extent. The report is intended primarily to summarize New York Ship`s part in the project, but also includes some of du Pont`s activities since the work of the two organizations was so interrelated. Because of the scope of the program, it will not always be possible to provide detailed information, but rather to record what happened in general terms. Where the reader desires more specific data, he should refer to original plans and records, including various reports compiled during the course of the project.

78 FR 14361 - U.S. Steel Tubular Products, Inc., Mckeesport Tubular Operations Division, Subsidiary of United...

Science.gov (United States)

2013-03-05

... Products, Inc., Mckeesport Tubular Operations Division, Subsidiary of United States Steel Corporation, Mckeesport, PA; Notice of Initiation of Investigation To Terminate Certification of Eligibility Pursuant to... Tubular Products, McKeesport Tubular Operations Division, Subsidiary of United States Steel Corporation...

OIL AND GAS FUTURES AND OPTIONS MARKET

Directory of Open Access Journals (Sweden)

Ante Nosić

2017-01-01

Full Text Available Energy mineral resources markets are represented by complex supply and demand ratios which are depending on different factors such as technical (transport and geopolitical. The main specific of energy markets is represented by an uneven geographic distribution of hydrocarbon reserves and exploration on one hand and energy consumption on the other. World oil markets, although geographically localized, because of specific market trade, represent unique global market with decreasing price difference. Price differences are result of development of a transport possibilities of oil supply. Development of transport routes of natural gas and increasing number of liquefied natural gas terminals in the world give pressure to natural gas market and its integration into global gas market. Integration of regional gas markets into a common European gas market is main energy policy of EU concerning natural gas. On the other hand, there are still significant price differences on some markets (e.g. United States of America - South East Asia. Development of global energy markets is enabled by development of a futures and options contracts of an energy trade which have replaced bilateral contract deals between producers and consumers. Futures contracts are standardized contracts traded on exchanges. Buyer agrees to buy certain quantity of stock for an agreed upon price and with some future delivery date. Option is a contract which gives a buyer the option of the right to buy (or sell, depending on the option an asset at predetermined price and at a later date. Stocks price risk can be managed with the purchase and selling futures and options contracts. This paper deals with futures and options energy markets and their market strategies.

76 FR 34271 - Hewlett Packard, Global Parts Supply Chain, Global Product Life Cycles Management Unit, Including...

Science.gov (United States)

2011-06-13

... DEPARTMENT OF LABOR Employment and Training Administration [TA-W-74,671] Hewlett Packard, Global Parts Supply Chain, Global Product Life Cycles Management Unit, Including Teleworkers Reporting to... Supply Chain, Global Product Life Cycles Management Unit, including teleworkers reporting to Houston...

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

Science.gov (United States)

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

2015-04-01

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

Improving the quality and content of midwives' discussions with low-risk women about their options for place of birth: Co-production and evaluation of an intervention package.

Science.gov (United States)

Henshall, Catherine; Taylor, Beck; Goodwin, Laura; Farre, Albert; Jones, Miss Eleanor; Kenyon, Sara

2018-04-01

Women's planned place of birth is gaining increasing importance in the UK, however evidence suggests that there is variation in the content of community midwives' discussions with low risk women about their place of birth options. The objective of this study was to develop an intervention to improve the quality and content of place of birth discussions between midwives and low-risk women and to evaluate this intervention in practice. The study design comprised of three stages: (1) The first stage included focus groups with midwives to explore the barriers to carrying out place of birth discussions with women. (2) In the second stage, COM-B theory provided a structure for co-produced intervention development with midwives and women representatives; priority areas for change were agreed and the components of an intervention package to standardise the quality of these discussions were decided. (3) The third stage of the study adopted a mixed methods approach including questionnaires, focus groups and interviews with midwives to evaluate the implementation of the co-produced package in practice. A maternity NHS Trust in the West Midlands, UK. A total of 38 midwives took part in the first stage of the study. Intervention design (stage 2) included 58 midwives, and the evaluation (stage 3) involved 66 midwives. Four women were involved in the intervention design stage of the study in a Patient and Public Involvement role (not formally consented as participants). In the first study stage participants agreed that pragmatic, standardised information on the safety, intervention and transfer rates for each birth setting (obstetric unit, midwifery-led unit, home) was required. In the second stage of the study, co-production between researchers, women and midwives resulted in an intervention package designed to support the implementation of these changes and included an update session for midwives, a script, a leaflet, and ongoing support through a named lead midwife and regular

Powerplant productivity improvement study: policy analysis and incentive assessment. Final report

Energy Technology Data Exchange (ETDEWEB)

None

1979-05-01

Policy options that the Illinois Commerce Commission might adopt in order to promote improved power plant productivity for existing units in Illinois are identified and analyzed. These policy options would generally involve either removing existing disincentives and/or adding direct incentives through the regulatory process. The following activities are reported: in-depth review of existing theoretical and empirical literature in the areas of power plant reliability, regulatory utility efficiency and performance incentives, and impacts of various regulatory mechanisms such as the Fuel Adjustment Clauses on productivity; contacts with other state public utility commissions known to be investigating or implementing productivity improvement incentive mechanisms; documentation and analysis of incentive mechanisms adopted or under consideration in other states; analysis of current regulatory practice in Illinois as it relates to power plant productivity incentives and disincentives; identification of candidate incentive mechanisms for consideration by the Illinois Commerce Commission; and analysis and evaluation of these candidates. 72 references, 8 figures.

Repurposing Used Electric Car Batteries: A Review of Options

Science.gov (United States)

DeRousseau, Mikaela; Gully, Benjamin; Taylor, Christopher; Apelian, Diran; Wang, Yan

2017-09-01

In the United States, millions of electric and hybrid vehicles have cumulatively been sold. Although the batteries in these vehicles are expected to last at least 8 years, end-of-life options must still be considered. There are several possible options for battery packs from electric vehicles when they reach end-of-life, including remanufacturing, repurposing for a different application, and recycling. Remanufacturing is the most desirable end-of-life scenario but is the most stringent in terms of battery quality. Recycling is less desirable because there are larger material and energy losses that occur in the process. Repurposing batteries for a different use lies between these two scenarios in terms of desirability. This review paper focuses on non-automotive reuse and explores several options for using electric car battery packs in grid energy storage applications.

78 FR 19552 - Self-Regulatory Organizations; Chicago Board Options Exchange, Incorporated; Notice of Filing and...

Science.gov (United States)

2013-04-01

... that deliver 10 physical shares on SPDR S&P 500 (``SPY''), Apple, Inc. (``AAPL''), SPDR Gold Trust... CBOE Rule 5.5.22. Standard equity and exchange-traded fund (``ETF'') option contracts have a unit of... contract characteristics as standard equity and ETF options, including exercise style. Accordingly, the...

Energy priorities and options for the European Community

International Nuclear Information System (INIS)

Audland, C.J.

1984-01-01

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

Comparing energy storage options for renewable energy integration

DEFF Research Database (Denmark)

Østergaard, Poul Alberg

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

A comprehensive method for exotic option pricing

OpenAIRE

Rossella Agliardi

2010-01-01

This work illustrates how several new pricing formulas for exotic options can be derived within a Levy framework by employing a unique pricing expression. Many existing pricing formulas of the traditional Gaussian model are obtained as a by-product.

Modifying plants for biofuel and biomaterial production.

Science.gov (United States)

Furtado, Agnelo; Lupoi, Jason S; Hoang, Nam V; Healey, Adam; Singh, Seema; Simmons, Blake A; Henry, Robert J

2014-12-01

The productivity of plants as biofuel or biomaterial crops is established by both the yield of plant biomass per unit area of land and the efficiency of conversion of the biomass to biofuel. Higher yielding biofuel crops with increased conversion efficiencies allow production on a smaller land footprint minimizing competition with agriculture for food production and biodiversity conservation. Plants have traditionally been domesticated for food, fibre and feed applications. However, utilization for biofuels may require the breeding of novel phenotypes, or new species entirely. Genomics approaches support genetic selection strategies to deliver significant genetic improvement of plants as sources of biomass for biofuel manufacture. Genetic modification of plants provides a further range of options for improving the composition of biomass and for plant modifications to assist the fabrication of biofuels. The relative carbohydrate and lignin content influences the deconstruction of plant cell walls to biofuels. Key options for facilitating the deconstruction leading to higher monomeric sugar release from plants include increasing cellulose content, reducing cellulose crystallinity, and/or altering the amount or composition of noncellulosic polysaccharides or lignin. Modification of chemical linkages within and between these biomass components may improve the ease of deconstruction. Expression of enzymes in the plant may provide a cost-effective option for biochemical conversion to biofuel. © 2014 Society for Experimental Biology, Association of Applied Biologists and John Wiley & Sons Ltd.

9 CFR 327.2 - Eligibility of foreign countries for importation of products into the United States.

Science.gov (United States)

2010-01-01

..., Hungary, Iceland, Ireland (Eire), Italy, Japan, Mexico, Netherlands, New Zealand, Nicaragua, Northern... country, with respect to establishments preparing products in such country for export to the United States... establishments throughout the system at which products are prepared for export to the United States; (B) Ultimate...

HTTR criticality calculations with SCALE6: Studies of various geometric and unit-cell options in modeling

Energy Technology Data Exchange (ETDEWEB)

Wang, J. Y.; Chiang, M. H.; Sheu, R. J.; Liu, Y. W. H. [Inst. of Nuclear Engineering and Science, National Tsing Hua Univ., Hsinchu 30013, Taiwan (China)

2012-07-01

The fuel element of the High Temperature Engineering Test Reactor (HTTR) presents a doubly heterogeneous geometry, where tiny TRISO fuel particles dispersed in a graphite matrix form the fuel region of a cylindrical fuel rod, and a number of fuel rods together with moderator or reflector then constitute the lattice design of the core. In this study, a series of full-core HTTR criticality calculations were performed with the SCALE6 code system using various geometric and unit-cell options in order to systematically investigate their effects on neutronic analysis. Two geometric descriptions (ARRAY or HOLE) in SCALE6 can be used to construct a complicated and repeated model. The result shows that eliminating the use of HOLE in the HTTR geometric model can save the computation time by a factor of 4. Four unit-cell treatments for resonance self-shielding corrections in SCALE6 were tested to create problem-specific multigroup cross sections for the HTTR core model. Based on the same ENDF/B-VII cross-section library, their results were evaluated by comparing with continuous-energy calculations. The comparison indicates that the INFHOMMEDIUM result overestimates the system multiplication factor (k{sub eff}) by 55 mk, whereas the LATTICECELL and MULTIREGION treatments predict the k{sub eff} values with similar biases of approximately 10 mk overestimation. The DOUBLEHET result shows a more satisfactory agreement, about 4.2 mk underestimation in the k{sub eff} value. In addition, using cell-weighted cross sections instead of an explicit modeling of TRISO particles in fuel region can further reduce the computation time by a factor of 5 without sacrificing accuracy. (authors)

Alcoholic fermentation: an option for renewable energy production from agricultural residues; Fermentacion alcoholica: una opcion para la produccion de energia renovable a partir de desechos agricolas

Energy Technology Data Exchange (ETDEWEB)

Vazquez, H. J [Universidad Autonoma Metropolitana (Mexico)]. E-mail: hjv@correo.azc.uam.mx; Dacosta, O [Oficina de Consejo, Desarrollo y Transferencia Tecnologica, Dijon (Francia)]. E-mail: statfor@yahoo.com

2007-10-15

Biotechnology offers several options for generating renewable energy. One of these technologies consists on producing bioethanol by fermentation. Bioethanol is mainly used to prepare fuel for motor vehicles. This paper presents a proposal to produce such as fuels with a hundred liters experimental fermentation pilot unit. Results derived from essays are similar, in terms of yield and productivity, to those presented by other systems, if we take into account that our unit works under non sterile conditions, which represents significant energy savings. This technology does not require specialized knowledge for its construction and it would accessible to groups of Mexican farmers. [Spanish] La biotecnologia ofrece diversas opciones para la generacion de energias renovables. Una de ellas es la produccion de bioetanol, el cual se obtiene mediante fermentacion. El bioetanol se usa en la preparacion de carburantes para vehiculos automotores. En este articulo se presenta una propuesta para la obtencion de este combustible mediante una unidad de fermentacion piloto experimental de 100 litros. Los resultados de nuestros ensayos, en rendimiento y productividad, son similares a los de otros laboratorios si se considera que esta unidad piloto funciona en condiciones no esteriles, lo que representa como ventaja un ahorro de energia no despreciable. Ademas, la tecnologia no requiere conocimientos especializados para su realizacion y estaria al alcance de grupos campesinos mexicanos.

Pricing of Traffic Light Options and other Correlation Derivatives

DEFF Research Database (Denmark)

Kokholm, Thomas

This paper considers derivatives with payoffs that depend on a stock index and underlying LIBOR rates. A traffic light option pricing formula is derived under lognormality assumptions on the underlying processes. The traffic light option is aimed at the Danish life and pension sector to help...... the pricing of a hybrid derivative known as the EUR Sage Note. The approach can be used to price many existing structured products....

Braille in the United States: Its Production, Distribution, and Use.

Science.gov (United States)

Goldish, Louis Harvey

The braille production system in the United States is described. Aspects treated are the following: the need for braille (the braille system), the market for braille (size and characteristics), sources of braille (producers and braille book source information), and present methods and costs of producing braille. Technological advances are…

Tree-Fruit Production. An Instructional Unit for Teachers of Adult Vocational Education in Agriculture.

Science.gov (United States)

O'Bryan, Robert C.; Iverson, Maynard J.

Designed as a guide for teachers in planning and conducting young and adult farmer classes, the unit covers the basic areas of tree-fruit production. The format of the 10-lesson unit allows for the utilization of the problem-solving and discussion methods of teaching. The major objective of the unit is to develop the ability to effectively…

Economy of conservation options in industry and developed environment. Part 2

International Nuclear Information System (INIS)

1994-03-01

To determine the optimal situation for the energy supply in the working area of the IJsselmij and Sep the study on the title subject was carried out. To influence the energy demand demand-side management (DSM) as part of integrated resource planning (IRP) is applied. Several scenarios to determine whether new production capacity must be installed or conservation options and activities should be realized are elaborated and calculated by means of the COMPASS model. E3T compiled input data for the demand-side of the model: energy consumption and energy conservation, investment cost and operational cost per user, number of installations and the development of the penetration of the conservation options between 1990 and 2010, and required subsidies and promotional costs of the IJsselmij to introduce such options. Six of the options were selected and elaborated in detail. The results are presented in this report for the options: coverage of cooling and freezing equipment at night, frequency control of electric motors, decentralized heat production by means of advanced burners, indoor climate control in the built environment, reflectors for TL-lighting systems in the built environment, and behavioral change in industrial companies. In part 1 an overview is given of the economics, the selection and elaboration of the energy conservation options. 9 figs., 53 tabs., 71 refs., 1 appendix

Direct-to-Consumer Marketing of Cigar Products in the United States.

Science.gov (United States)

Ganz, Ollie; Teplitskaya, Lyubov; Cantrell, Jennifer; Hair, Elizabeth C; Vallone, Donna

2016-05-01

Although cigar use and sales have increased in the United States over the past decade, little is known about how these products are promoted. Direct-to-consumer (DTC) advertising is a common method used to promote tobacco products and may be a potential channel through which cigars are advertised. Comperemedia (Mintel) was used to acquire opt-in direct mail and email advertising for the top 10 cigar brands in the United States between January 2013 and July 2014. The advertisement and corresponding data on brand, advertising spend, and mail volume were downloaded and summarized. Promotions such as coupons, giveaways, and sweepstakes were also examined. A total of 92 unique advertisements met the search criteria and included two brands: Black & Mild (n = 77) and Swisher Sweets (n = 15). Expenditures on direct mail advertising during this period totaled $12 809 630. Black & Mild encompassed 80% of total direct mail volume and 78% of direct mail advertising expenditures. Almost all advertisements contained at least one promotion (88%) and included a URL to the product website (85%). The results suggest that Black & Mild and Swisher Sweets are the primary cigar brands using DTC advertising. Promotional offers were nearly ubiquitous among the advertisements, which may appeal to price-sensitive populations. Future studies should continue to examine cigar advertising via direct mail and email, in addition to other channels, such as the point-of-sale. Although cigar use and sales have increased in the United States over the past decade, there is limited data on cigar advertising. This article provides a snapshot of expenditures, volume, and promotional content of DTC cigar advertising in the United States between January 2013 and July 2014. © The Author 2015. Published by Oxford University Press on behalf of the Society for Research on Nicotine and Tobacco. All rights reserved. For permissions, please e-mail: journals.permissions@oup.com.

Retrofit options to enable biomass firing at Irish peat plants: Background report 4.2 for the EU Joule 2+ project: Energy from biomass: An assessment of two promising systems for energy production

International Nuclear Information System (INIS)

Van den Broek, R.; Faaij, A.; Blaney, G.

1995-05-01

An overview is given of the most promising options for retrofitting existing Irish peat plants to accept biomass fuel. It is expected that with low investment costs the existing peat stations can be adapted to enable them to fire biomass. It will also be possible to co-fire peat and biomass, this option will become a way of using biomass in power generation with relatively low risk, both on the field of initial investments and supply security. The objectives of this report are: assessing the different technical options for retrofitting the plants to enable biomass firing; provide investment costs, efficiencies, emissions and expected lifetimes for the different retrofit options. The results from this study are used in the final integration phase of the EU-Joule project 'Energy from biomass'. Chapter 2 deals with methodological considerations which have been made in estimation of the investment costs. In chapter 3 the present situation is described. Both peat harvesting and power plant operation of both sod and milled peat plants are explained. Also some past experiences with wood chips firing in Irish peat stations are discussed. Chapter 4 gives a general view on retrofitting peat plants to enable biomass firing. Some starting points like biomass fuel feeding and emission standards that have to be met are highlighted. The rationale behind four main choices are given. Finally, a technical description is presented of the two boiler adaptations that will be considered among the different retrofit options, namely conversion of milled peat units into bubbling fluidized bed and into a whole tree energy unit. Six retrofit options are described in more detail in chapter 5. Information is given on the present status of the plants, the technical considerations of the retrofit, expected performance and an estimation of a range in which the investment costs can be expected. 4 figs., 10 tabs., 5 appendices

Demand-side mitigation options of the agricultural sector: potential, barriers and ways forward

Directory of Open Access Journals (Sweden)

Brunelle Thierry

2017-01-01

Full Text Available This paper reviews the potential and barriers of demand-side mitigation options in the agricultural sector based on the recent academic literature and on a survey conducted on a sample of 788 respondents living in France. The mitigation potential of such measures as reducing losses in the food supply chain and shifting diets toward less animal products is estimated to be particularly high, higher, in particular, than supply-side mitigation options. However, to ensure that these measures do not entail a reduction in protein intake, these estimations should consider both caloric and protein units, and take into account the digestibility differentials between protein sources. Our survey shows that people are relatively reluctant to eat more sustainably, preferring to reduce their emissions in other areas such as housing or equipment. This relative reluctance is mainly due to individual perceptions linked to health concerns, taste or habits. Some obstacles could easily be overcome through well-designed policies aiming to, for example, advertise a lower consumption of red meat for health benefits. National governments are, however, rather inactive on this topic, leaving the initiative to the civil society.

Parametric analyses of single-zone thorium-fueled molten salt reactor fuel cycle options

International Nuclear Information System (INIS)

Powers, J.J.; Worrall, A.; Gehin, J.C.; Harrison, T.J.; Sunny, E.E.

2013-01-01

Analyses of fuel cycle options based on thorium-fueled Molten Salt Reactors (MSRs) have been performed in support of fuel cycle screening and evaluation activities for the United States Department of Energy. The MSR options considered are based on thermal spectrum MSRs with 3 different separations levels: full recycling, limited recycling, and 'once-through' operation without active separations. A single-fluid, single-zone 2250 MWth (1000 MWe) MSR concept consisting of a fuel-bearing molten salt with graphite moderator and reflectors was used as the basis for this study. Radiation transport and isotopic depletion calculations were performed using SCALE 6.1 with ENDF/B-VII nuclear data. New methodology developed at Oak Ridge National Laboratory (ORNL) enables MSR analysis using SCALE, modeling material feed and removal by taking user-specified parameters and performing multiple SCALE/TRITON simulations to determine the resulting equilibrium operating conditions. Parametric analyses examined the sensitivity of the performance of a thorium MSR to variations in the separations efficiency for protactinium and fission products. Results indicate that self-sustained operation is possible with full or limited recycling but once-through operation would require an external neutron source. (authors)

Exotic Options: a Chooser Option and its Pricing

Directory of Open Access Journals (Sweden)

Raimonda Martinkutė-Kaulienė

2012-12-01

Full Text Available Financial instruments traded in the markets and investors’ situation in such markets are getting more and more complex. This leads to more complex derivative structures used for hedging that are harder to analyze and which risk is harder managed. Because of the complexity of these instruments, the basic characteristics of many exotic options may sometimes be not clearly understood. Most scientific studies have been focused on developing models for pricing various types of exotic options, but it is important to study their unique characteristics and to understand them correctly in order to use them in proper market situations. The paper examines main aspects of options, emphasizing the variety of exotic options and their place in financial markets and risk management process. As the exact valuation of exotic options is quite difficult, the article deals with the theoretical and practical aspects of pricing of chooser options that suggest a broad range of usage and application in different market conditions. The calculations made in the article showed that the price of the chooser is closely correlated with the choice time and low correlated with its strike price. So the first mentioned factor should be taken into consideration when making appropriate hedging and investing decisions.

Evaluation of a TRU fundamental criterion and reference TRU waste units

International Nuclear Information System (INIS)

Klett, R.

1993-01-01

The comparison of two options for regulating transuranic (TRU) waste disposal is explained in this paper. The two options are (1) fundamental and derived standards developed specifically for the TRU waste and (2) a family of procedures that use a reference to the TRU waste unit with procedures that use a reference to the TRU waste unit with commercial high-level waste (HLW) criteria. Background information pertaining to both options is covered. A section on criteria specifically for TRUE waste suggests a methodology for developing or adapting fundamental and derived criteria that are consistent with all other aspects of the standards. The section on references TRU waste units covers all the parameter variations that have been suggested for this option. The technical bases of each approach is reviewed, implementation is discussed and their relative attributes and deficiencies are evaluated

Pricing unit-linked insurance with guaranteed benefit

Science.gov (United States)

Iqbal, M.; Novkaniza, F.; Novita, M.

2017-07-01

Unit-linked insurance is an investment-linked insurance, that is, the given benefit is the premium investment out-come. Recently, the most widely marketed insurance in the industry is unit-linked insurance with guaranteed benefit. With guaranteed benefit applied, the insurance benefits form is similar to the payoff form of European call option. Thereby, pricing European call option is involved in pricing unit-linked insurance with guaranteed benefit. The dynamics of investment outcome is assumed to follow stochastic interest rate. Hence, change of measure methods is used in pricing unit-linked insurance. The discount factor with stochastic interest rate needs to be modified as well to be zero coupon bond price. Eventually, the insurance premium is calculated by equivalence principle with guaranteed benefit and insurance period explicitly given.

Kalaeloa Energy System Redevelopment Options Including Advanced Microgrids.

Energy Technology Data Exchange (ETDEWEB)

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

2017-03-01

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

Combinatorial life cycle assessment to inform process design of industrial production of algal biodiesel.

Science.gov (United States)

Brentner, Laura B; Eckelman, Matthew J; Zimmerman, Julie B

2011-08-15

The use of algae as a feedstock for biodiesel production is a rapidly growing industry, in the United States and globally. A life cycle assessment (LCA) is presented that compares various methods, either proposed or under development, for algal biodiesel to inform the most promising pathways for sustainable full-scale production. For this analysis, the system is divided into five distinct process steps: (1) microalgae cultivation, (2) harvesting and/or dewatering, (3) lipid extraction, (4) conversion (transesterification) into biodiesel, and (5) byproduct management. A number of technology options are considered for each process step and various technology combinations are assessed for their life cycle environmental impacts. The optimal option for each process step is selected yielding a best case scenario, comprised of a flat panel enclosed photobioreactor and direct transesterification of algal cells with supercritical methanol. For a functional unit of 10 GJ biodiesel, the best case production system yields a cumulative energy demand savings of more than 65 GJ, reduces water consumption by 585 m(3) and decreases greenhouse gas emissions by 86% compared to a base case scenario typical of early industrial practices, highlighting the importance of technological innovation in algae processing and providing guidance on promising production pathways.

Model development of production management unit to enhance entrepreneurship attitude of vocational school students from fashion department

Science.gov (United States)

Sumaryani, Sri

2018-03-01

The purpose of this study is to develop a model of production management unit to enhance entrepreneurship attitude of vocational school students from fashion department. This study concerns in developing students' entrepreneurship attitude in management which includes planning, organizing, applying and evaluation. The study uses Research and Development (R & D) approach with three main steps; preliminary study, development step, and product validation. Research subject was vocational school teachers from fashion department in Semarang, Salatiga and Demak. This study yields a development model of production management unit that could enhance vocational school students' entrepreneurship attitude in fashion department. The result shows that research subjects have understood about of production management unit in Vocational School (SMK).

78 FR 10671 - Self-Regulatory Organizations; Chicago Board Options Exchange, Incorporated; Notice of Filing of...

Science.gov (United States)

2013-02-14

... customer bases of potential product users and they have indicated a preference that premium pricing for... market participants clarity as to the minimum pricing increments for mini-options, the filing would harmonize penny pricing between mini-options and standard options on the same security. \\3\\ See Securities...

Management options for food production systems affected by a nuclear accident. Task 6: landspreading as a waste disposal option for contaminated milk

International Nuclear Information System (INIS)

Marchant, J.K.; Nisbet, A.F.

2002-01-01

In the event of a nuclear accident, there may be significant quantities of agricultural produce that are contaminated with radionuclides and require disposal. The disposal of milk would be of particular concern, since the quantities of milk classed as waste could be substantial and extensive environmental damage could be caused if this was not disposed of appropriately. As part of contingency planning for potential nuclear accidents, the identification of practicable options for disposal of contaminated milk is therefore important. One of the potential options is disposal by landspreading. This report sets out the current legal position of the landspreading of contaminated milk on farmland, provides information on the current extent of landspreading by farmers and assesses the practicability of landspreading contaminated milk according to the following criteria: technical feasibility, capacity, cost, environmental impact, radiological impact and acceptability. Milk contaminated with radionuclides could be defined as a radioactive waste or an agricultural waste. If it were defined as a radioactive waste it would require disposal under the Radioactive Substances Act 1993. Decisions concerning the definition of contaminated milk area matter for the relevant government departments. In this report it was assumed that the milk would be defined as an agricultural waste. The Code of Good Agricultural Practice for the Protection of Water provides farmers with practical guidance for avoiding water pollution and the Code of Good Agricultural Practice for the Protection of Air provides them with practical guidance for avoiding air pollution. Farmers should follow both of these codes when landspreading milk. According to the Animal By-products Order, 1999 milk contaminated with radionuclides above the levels specified by the European Council at which marketing would be prohibited would constitute high risk material; landspreading would not then be permitted. This, however

Australian Asian Options

OpenAIRE

Manuel Moreno; Javier F. Navas

2003-01-01

We study European options on the ratio of the stock price to its average and viceversa. Some of these options are traded in the Australian Stock Exchange since 1992, thus we call them Australian Asian options. For geometric averages, we obtain closed-form expressions for option prices. For arithmetic means, we use different approximations that produce very similar results.

Understanding transmission and distribution pricing options and proposals

International Nuclear Information System (INIS)

Shalaby, A.

1998-01-01

Issues regarding power transmission and distribution pricing were addressed in view of the importance of pricing to electricity restructuring and policy developments. Specific facts, policy directions, options and challenges peculiar to Ontario were highlighted, and recent Ontario legislation affecting the electricity industry was updated. The importance of transmission tariffs to open markets was reviewed with special reference to Canada because of their role in internal restructuring and in gaining fuller access to U.S. markets. The objectives of transmission and distribution pricing, the principles for network pricing, and the range of available options were considered with specific reference to Ontario. In comparing Ontario to other jurisdictions, it was acknowledged that the same problems that plagued other jurisdictions introducing deregulation, are also prominent in Ontario. As has been observed elsewhere, there has been no progress on transmission and distribution pricing options. There are significant implementation and transition challenges waiting for solutions. Issues beyond Ontario, such as trading with the United States, wider reach of the Independent Market Operator, agreements with other IMOs, etc., are still largely unresolved

Automotive turbogenerator design options

Energy Technology Data Exchange (ETDEWEB)

Rodgers, C. [ITC, San Diego, CA (United States); McDonald, C. [McDonald Thermal Engineering, La Jolla, CA (United States)

1998-12-31

For the small turbogenerator to find reception in the hybrid electric automotive market its major features must be dominated by the following considerations, low cost, high performance, low emissions, compact size and high reliability. Not meeting the first two criteria has been the nemesis of earlier attempts to introduce the small gas turbine for automotive service. With emphasis on the design for low cost and high performance, this paper presents several turbogenerator design flowpath configuration options for the major engine components. The projected evolution from today`s state-of-the-art all metallic engines, to advanced technology ceramic units for service in the early decade of the 21st century, is the major topic of this paper. (author)

Comparing Item Performance on Three- Versus Four-Option Multiple Choice Questions in a Veterinary Toxicology Course.

Science.gov (United States)

Royal, Kenneth; Dorman, David

2018-06-09

The number of answer options is an important element of multiple-choice questions (MCQs). Many MCQs contain four or more options despite the limited literature suggesting that there is little to no benefit beyond three options. The purpose of this study was to evaluate item performance on 3-option versus 4-option MCQs used in a core curriculum course in veterinary toxicology at a large veterinary medical school in the United States. A quasi-experimental, crossover design was used in which students in each class were randomly assigned to take one of two versions (A or B) of two major exams. Both the 3-option and 4-option MCQs resulted in similar psychometric properties. The findings of our study support earlier research in other medical disciplines and settings that likewise concluded there was no significant change in the psychometric properties of three option MCQs when compared to the traditional MCQs with four or more options.

Production-history projections of fuels and some crucial metals in the United States

Energy Technology Data Exchange (ETDEWEB)

Arndt, R A; Roper, L D

1977-09-01

The production-history projection method of the authors is refined to determine the earliest date at which reasonably well-determined depletion parameters can be ascertained. The method is applied to the United States production data for silver, crude oil, natural gas, coal, iron ore, and uranium ore. 13 references.

Potential new regulatory options for e-cigarettes in New Zealand.

Science.gov (United States)

Wilson, Nick; Edwards, Richard; Hoek, Janet; Thomson, George; Blakely, Tony; van der Deen, Frederieke Sanne; Crane, Julian

2015-11-20

While e-cigarette usage has grown rapidly in New Zealand and around the world, the scientific evidence base regarding the net benefits and risks of these types of products at the population level remains uncertain. The health-based policy experience is also minimal. Here, we analyse plausible future regulatory options for e-cigarettes that the New Zealand Government could explore, and that further research could help clarify. These options include: (1) a full free market (an option we doubt is desirable for multiple reasons); (2) controlled increased access through: (a) pharmacy only, (b) pharmacy only plus sales by prescription/ to licensed vapers; (c) additional controls through non-profit supply/distribution (eg, public hospital pharmacies); (3) increased restrictions compared with current (eg, adopting a complete ban on self-imports and use). In addition, we consider mechanisms to improve product quality and safety, and argue that policy makers should take great care when regulating e-cigarettes, given the scientific uncertainty and the role of commercial vested interests.

Who, what, and why: the products, their use, and issues about management of non-timber forest products in the United States

Science.gov (United States)

Susan J. Alexander

2001-01-01

Non-timber forest products in the United States include floral greens, Christmas ornamentals, wild edibles, medicinals, crafts, and transplants. Non-timber forest products are important to many people for many reasons. People harvest products from forests for personal use, cultural practices, and sale. The tremendous variety of species harvested for the many markets...

Mars ISRU for Production of Mission Critical Consumables - Options, Recent Studies, and Current State of the Art

Science.gov (United States)

Sanders, G. B.; Paz, A.; Oryshchyn, L.; Araghi, K.; Muscatello, A.; Linne, D.; Kleinhenz, J.; Peters, T.

2015-01-01

In 1978, a ground breaking paper titled, "Feasibility of Rocket Propellant Production on Mars" by Ash, Dowler, and Varsi discussed how ascent propellants could be manufactured on the Mars surface from carbon dioxide collected from the atmosphere to reduce launch mass. Since then, the concept of making mission critical consumables such as propellants, fuel cell reactants, and life support consumables from local resources, commonly known as In-Situ Resource Utilization (ISRU), for robotic and human missions to Mars has been studied many times. In the late 1990's, NASA initiated a series of Mars Human Design Reference Missions (DRMs), the first of which was released in 1997. These studies primarily focused on evaluating the impact of making propellants on Mars for crew ascent to Mars orbit, but creating large caches of life support consumables (water & oxygen) as a backup for regenerative life support systems for long-duration surface stays (>500 days) was also considered in Mars DRM 3.0. Until science data from the Mars Odyssey orbiter and subsequent robotic missions revealed that water may be widely accessable across the surface of Mars, prior Mars ISRU studies were limited to processing Mars atmospheric resources (carbon dioxide, nitrogen, argon, oxygen, and water vapor). In December 2007, NASA completed the Mars Human Design Reference Architecture (DRA) 5.0 study which considered water on Mars as a potential resource for the first time in a human mission architecture. While knowledge of both water resources on Mars and the hardware required to excavate and extract the water were very preliminary, the study concluded that a significant reduction in mass and significant enhancements to the mission architecture were possible if Mars water resources were utilized. Two subsequent Mars ISRU studies aimed at reexamining ISRU technologies, processing options, and advancements in the state-of-the-art since 2007 and to better understand the volume and packaging associated

Quasi-symmetric Conjugacy of Blaschke Products on the unit Circle

DEFF Research Database (Denmark)

Petersen, Carsten Lunde

2007-01-01

Let B be a Blaschke product for which the restriction to the unit circle 1 is a degree d > 1 covering. We prove that B is quasi-symmetrically conjugate to z zd on 1, if all its periodic points in 1 are repelling and if 1 does not intersect the -limit set of any recurrent critical point for B....

Supply Chain Bilateral Coordination with Option Contracts under Inflation Scenarios

Directory of Open Access Journals (Sweden)

Nana Wan

2015-01-01

Full Text Available There exist obvious changes in price and demand during the inflationary period, both of which are regarded as the key factors leading to supply chain uncertainty. In this paper, we focus our discussion on price increase and demand contraction caused by inflation, integrate the effect of inflation and option contracts within the model framework, and analyze how to use option contracts to achieve supply chain coordination under inflation scenarios. We consider a one-period two-stage supply chain consisting of one supplier and one retailer and explore the effect of inflation on the optimal ordering and production decisions under three different types of contracts: wholesale price contracts, option contracts, and portfolio contracts. Moreover, we explore the impact of option contracts on the supply chain through using wholesale price contracts model as the benchmark. We find that the retailer prefers adopting portfolio contracts, but the supplier prefers providing option contracts under inflation scenarios. Ultimately, option contracts will be implemented owing to the supplier’s market dominant position. In addition, we discuss the supply chain bilateral coordination mechanism with option contracts from the perspectives of two members and derive that option contracts can coordinate the supply chain and achieve Pareto improvement under inflation scenarios.

Reforming options for hydrogen production from fossil fuels for PEM fuel cells

Energy Technology Data Exchange (ETDEWEB)

Ersoz, Atilla; Olgun, Hayati [TUBITAK Marmara Research Center, Institute of Energy, Gebze, 41470 Kocaeli (Turkey); Ozdogan, Sibel [Marmara University Faculty of Engineering, Goztepe, 81040 Istanbul (Turkey)

2006-03-09

PEM fuel cell systems are considered as a sustainable option for the future transport sector in the future. There is great interest in converting current hydrocarbon based transportation fuels into hydrogen rich gases acceptable by PEM fuel cells on-board of vehicles. In this paper, we compare the results of our simulation studies for 100kW PEM fuel cell systems utilizing three different major reforming technologies, namely steam reforming (SREF), partial oxidation (POX) and autothermal reforming (ATR). Natural gas, gasoline and diesel are the selected hydrocarbon fuels. It is desired to investigate the effect of the selected fuel reforming options on the overall fuel cell system efficiency, which depends on the fuel processing, PEM fuel cell and auxiliary system efficiencies. The Aspen-HYSYS 3.1 code has been used for simulation purposes. Process parameters of fuel preparation steps have been determined considering the limitations set by the catalysts and hydrocarbons involved. Results indicate that fuel properties, fuel processing system and its operation parameters, and PEM fuel cell characteristics all affect the overall system efficiencies. Steam reforming appears as the most efficient fuel preparation option for all investigated fuels. Natural gas with steam reforming shows the highest fuel cell system efficiency. Good heat integration within the fuel cell system is absolutely necessary to achieve acceptable overall system efficiencies. (author)

Reforming options for hydrogen production from fossil fuels for PEM fuel cells

Science.gov (United States)

Ersoz, Atilla; Olgun, Hayati; Ozdogan, Sibel

PEM fuel cell systems are considered as a sustainable option for the future transport sector in the future. There is great interest in converting current hydrocarbon based transportation fuels into hydrogen rich gases acceptable by PEM fuel cells on-board of vehicles. In this paper, we compare the results of our simulation studies for 100 kW PEM fuel cell systems utilizing three different major reforming technologies, namely steam reforming (SREF), partial oxidation (POX) and autothermal reforming (ATR). Natural gas, gasoline and diesel are the selected hydrocarbon fuels. It is desired to investigate the effect of the selected fuel reforming options on the overall fuel cell system efficiency, which depends on the fuel processing, PEM fuel cell and auxiliary system efficiencies. The Aspen-HYSYS 3.1 code has been used for simulation purposes. Process parameters of fuel preparation steps have been determined considering the limitations set by the catalysts and hydrocarbons involved. Results indicate that fuel properties, fuel processing system and its operation parameters, and PEM fuel cell characteristics all affect the overall system efficiencies. Steam reforming appears as the most efficient fuel preparation option for all investigated fuels. Natural gas with steam reforming shows the highest fuel cell system efficiency. Good heat integration within the fuel cell system is absolutely necessary to achieve acceptable overall system efficiencies.

Integrated and holistic suitability assessment of recycling options for masonry rubble

Science.gov (United States)

Herbst, T.; Rübner, K.; Meng, B.

2012-04-01

Our industrial society depends on continuous mining and consumption of raw materials and energy. Besides, the building sector causes one of the largest material streams in Germany. On the one hand, the building sector is connected with a high need in material and energetic resources as well as financial expenditures. On the other hand, nearly 50 % of the volume of waste arises from the building industry. During the last years, the limitation of natural resources, increasing negative environmental consequences as well as rising prices and shortages of dump space have led to a change in thinking in the building and waste industry to a closed substance cycle waste management. In consideration of the production figures of the main kinds of masonry units (clay bricks, sand-lime bricks, autoclaved aerated concrete brick, concrete blocks), a not unimportant quantity of masonry rubble (including gypsum plaster boards, renders, mortars and mineral insulating materials) of more than 20 million tons per year is generated in the medium term. With regard to a sustainable closed substance cycle waste management, these rest masses have to be recycled if possible. Processed aggregates made from masonry rubble can be recycled in the production of new masonry units under certain conditions. Even carefully deconstructed masonry units can once more re-used as masonry units, particularly in the area of the preservation of monuments and historical buildings. In addition, masonry rubble in different processing qualities is applied in earth and road construction, horticulture and scenery construction as well as concrete production. The choice of the most suitable recycling option causes technical, economical and ecological questions. At present, a methodology for a comprehensive suitability assessment with a passable scope of work does not exist. Basic structured and structuring information on the recycling of masonry rubble is absent up to now. This as well as the economic and technical

CANDU fuel cycle options in Korea

International Nuclear Information System (INIS)

Boczar, P. G.; Fehrenbach, P. J.; Meneley, D. A.

1996-01-01

There are many reasons for countries embarking on a CANDU R program to start with the natural uranium fuel cycle. Simplicity of fuel design, ease of fabrication, and ready availability of natural uranium all help to localize the technology and to reduce reliance on foreign technology. Nonetheless, at some point, the incentives for using natural uranium fuel may be outweighed by the advantages of alternate fuel cycles. The excellent neutron economy, on-line refuelling, and simple fuel-bundle design provide an unsurpassed degree of fuel-cycle flexibility in CANDU reactors. The easiest first step in CANDU fuel-cycle evolution may be the use of slightly enriched uranium (SEU), including recovered uranium from reprocessed LWR spent fuel. Relatively low enrichment (up to 1.2%) will result in a two- to three-fold reduction in the quantity of spent fuel per unit energy production, reductions in fuel-cycle costs, and greater flexibility in the design of new reactors. The CANFLEX (CANDU FLEXible) fuel bundle would be the optimal fuel carrier. A country that has both CANDU and PWR reactors can exploit the natural synergism between these two reactor types to minimize overall waste production, and maximize energy derived from the fuel. This synergism can be exploited through several different fuel cycles. A high burnup CANDU MOX fuel design could be used to utilize plutonium from conventional reprocessing or more advanced reprocessing options (such as co-processing). DUPIC (Direct Use of Spent PWR Fuel In CANDU) represents a recycle option that has a higher degree of proliferation resistance than dose conventional reprocessing, since it uses only dry processes for converting spent PWR fuel into CANDU fuel, without separating the plutonium. Good progress is being made in the current KAERI, AECL, and U. S. Department of State program in demonstrating the technical feasibility of DUPIC. In the longer term, CANDU reactors offer even more dramatic synergistic fuel cycles with PWR or

Real Options in Capital Budgeting. Pricing the Option to Delay and the Option to Abandon a Project

Directory of Open Access Journals (Sweden)

Nicoleta Vintila

2007-07-01

Full Text Available Traditional discounted cash-flows method for assessing projects assumes that investment decision is an irreversible one, which is not correct. Managers can and must reconsider their initial decision as the new information arises during the project life. This is managerial flexibility and it creates strategic value for a project, only if management takes advantage of the opportunities associated with an analyzed project. Real options represent a new approach in capital budgeting, using the theory of pricing financial options for investments in real assets. In this paper, we emphasize the characteristics and valuation methodologies of real options. The objective in the last section is pricing the option to delay and the option to abandon a project in construction materials field.

Option contracts in fresh produce supply chain with circulation loss

Directory of Open Access Journals (Sweden)

Chong Wang

2013-03-01

Full Text Available Purpose: The purpose of this paper is to investigate management decisions via option contracts in a two-stage supply chain in which a fresh produce supplier sells to a retailer, considering the circulation loss of the fresh produce. Design/methodology/approach: Authors propose a Stackelberg model to analyze the supply chain members’ decisions in the decentralized supply chain compared with the integrated one under the newsvendor framework. Findings: The results illustrate that there exists a unique optimal option order quantity for the retailer and a unique optimal option order price for the supplier giving certain conditions; furthermore, option contracts cannot coordinate the fresh produce supply chain when the retailer only orders options. Originality/value: Agricultural products especially fresh produce’s characteristics such as circulation loss and high risk are considered. Option contracts and game theory are combined to manage the fresh produce supply chain’s risk. The proposed tool and models are hoped to shed light to the future works in the field of supply chain risk management.

Stata 8 Graphics: Options, sub-options and sub-sub-options

OpenAIRE

Tim Collier

2005-01-01

Stata 8 graphics have changed out of all recognition from that available in earlier versions. It was not just that a whole new array of options and sub-options were introduced, but the graph syntax itself completely changed. Just trying to produce a simple plot of x against y using Stata 7 syntax (graph x y) produced bewildering error messages e.g. xgraph_g.new y: class member function not found r(4023) and the like. If you did succeed in working out the new syntax (graph twoway scatter x y) ...

The incremental cost of switching from Option B to Option B+ for the prevention of mother-to-child transmission of HIV

Science.gov (United States)

Shaffer, Nathan; Sangrujee, Nalinee; Abimbola, Taiwo O

2014-01-01

Abstract Objective To estimate the incremental cost over 5 years of a policy switch from the Option B to the Option B+ protocol for the prevention of mother-to-child transmission (PMTCT) of the human immunodeficiency virus (HIV). Methods Data from cost studies and other published sources were used to determine the cost, per woman and per cohort (1000 breastfeeding and 1000 non-breastfeeding women), of switching from Option B (maternal triple antiretroviral [ARV] regimen during pregnancy and breastfeeding plus daily nevirapine for the infant for 6 weeks) to Option B+ (maternal triple ARV regimen initiated during pregnancy and continued for life). The variables used to model the different scenarios were maternal CD4+ T lymphocyte (CD4+ cell) count (350–500 versus > 500 cells/µl), rate of decline in CD4+ cells (average, rapid, slow), breastfeeding status (yes, no) and breastfeeding duration (12, 18 or 24 months). Findings For women with CD4+ cell counts of 350–500 cells/µl, the incremental cost per 1000 women was 157 345 United States dollars (US$) for breastfeeding women and US$ 92 813 for non-breastfeeding women. For women with CD4+ cell counts > 500 cells/µl, the incremental cost per 1000 women ranged from US$ 363 443 to US$ 484 591 for breastfeeding women and was US$ 605 739 for non-breastfeeding women. Conclusion From a cost perspective, a policy switch from Option B to Option B+ is feasible in PMTCT programme settings where resources are currently being allocated to Option B. PMID:24700975

Comparative Advantage of Maize- and Grass-Silage Based Feedstock for Biogas Production with Respect to Greenhouse Gas Mitigation

Directory of Open Access Journals (Sweden)

Andreas Meyer-Aurich

2016-06-01

Full Text Available This paper analyses the comparative advantage of using silage maize or grass as feedstock for anaerobic digestion to biogas from a greenhouse gas (GHG mitigation point of view, taking into account site-specific yield potentials, management options, and land-use change effects. GHG emissions due to the production of biogas were calculated using a life-cycle assessment approach for three different site conditions with specific yield potentials and adjusted management options. While for the use of silage maize, GHG emissions per energy unit were the same for different yield potentials, and the emissions varied substantially for different grassland systems. Without land-use change effects, silage maize-based biogas had lower GHG emissions per energy unit compared to grass-based biogas. Taking land-use change into account, results in a comparative advantage of biogas production from grass-based feedstock produced on arable land compared to silage maize-based feedstock. However, under current frame conditions, it is quite unrealistic that grass production systems would be established on arable land at larger scale.

Nuclear Option in Korea

International Nuclear Information System (INIS)

Han, K. I.

2002-01-01

With sixteen(16) operating nuclear units in Korea, the share of nuclear power generation reached 41% of the total electric power generation as of December 2000. A prediction is that it would further increase to 44.5% by year 2015 according to the national long term power development plan. Four units are currently under construction with 6 more units in order. With little domestic energy resource and increasing energy demand to support national economic growth, Korea has chosen nuclear power as one of the major energy sources to ensure stable power supply and to promote energy self-sufficiency. It has been recognized that nuclear power in Korea is not a selective option but rather a necessity. The Korean nuclear power development started with construction of a 600 MWe size reactor that was designed and constructed by foreign vendors. As the national grid capacity became larger, the size of nuclear units increased to 1000 MWe class. In the mean time, the need for nuclear technology self-reliance grew not only in operation and maintenance but also in construction, manufacturing and design. For this, a nuclear technology self-reliance program has been embarked with the support of the Government and utility, and the 1000 MWe class KSNP(Korean Standard Nuclear Power Plant) has been developed. The KSNPs are currently being designed, manufactured, constructed and operated by relevant Korean entities themselves. To fit into a larger capacity national grid and also to improve nuclear economic competitiveness, the 1400 MWe class KNGR(Korean Next Generation Reactor) design has been developed uprating the 1000 MWe KSNP design. Its construction project is currently under contract negotiation, and is planned to be finished by 2010. In the mean time, to be ready for future electric power market deregulation, the 600 MWe class small KSNP design is being developed downsizing the KSNP. A modular small size reactor, SMART(System Integrated Modular Advanced Reactor) is also being

LITERATURE SURVEY FOR GROUNDWATER TREATMENT OPTIONS FOR NITRATE IODINE-129 AND URANIUM 200-ZP-1 OPERABLE UNIT HANFORD SITE

Energy Technology Data Exchange (ETDEWEB)

BYRNES ME

2008-06-05

This literature review presents treatment options for nitrate, iodine-129, and uranium, which are present in groundwater at the 200-ZP-I Groundwater Operable Unit (OU) within the 200 West Area of the Hanford Site. The objective of this review is to determine available methods to treat or sequester these contaminants in place (i.e., in situ) or to pump-and-treat the groundwater aboveground (i.e., ex situ). This review has been conducted with emphasis on commercially available or field-tested technologies, but theoretical studies have, in some cases, been considered when no published field data exist. The initial scope of this literature review included only nitrate and iodine-I 29, but it was later expanded to include uranium. The focus of the literature review was weighted toward researching methods for treatment of nitrate and iodine-129 over uranium because of the relatively greater impact of those compounds identified at the 200-ZP-I OU.

LITERATURE SURVEY FOR GROUNDWATER TREATMENT OPTIONS FOR NITRATE, IODINE-129 AND URANIUM 200-ZP-1 OPERABLE UNIT, HANFORD SITE

International Nuclear Information System (INIS)

BYRNES ME

2008-01-01

This literature review presents treatment options for nitrate, iodine-129, and uranium, which are present in groundwater at the 200-ZP-I Groundwater Operable Unit (OU) within the 200 West Area of the Hanford Site. The objective of this review is to determine available methods to treat or sequester these contaminants in place (i.e., in situ) or to pump-and-treat the groundwater aboveground (i.e., ex situ). This review has been conducted with emphasis on commercially available or field-tested technologies, but theoretical studies have, in some cases, been considered when no published field data exist. The initial scope of this literature review included only nitrate and iodine-I 29, but it was later expanded to include uranium. The focus of the literature review was weighted toward researching methods for treatment of nitrate and iodine-129 over uranium because of the relatively greater impact of those compounds identified at the 200-ZP-I OU

The nuclear option in Canada - why it is gaining ground

International Nuclear Information System (INIS)

Hopwood, J.M.; Alizadeh, A.; Hedges, K.R.; Tighe, P.

2005-01-01

Over the last five years, the nuclear option in Canada has gone from 'off-the-radar' to an essential part of the energy debate. In Ontario, in particular, building new nuclear plants, along with life-extension of existing plants, has been recommended by government commissions as one of the vital energy-supply options to be pursued. Both life-extension and introduction of new nuclear power plants are complicated by uncertainties in the energy market, and by changes in the organizational and policy environment. Public and policy-maker recognition of the nuclear role are steadily growing, but commercial conditions to support nuclear projects are still difficult to define and obtain. In Canada, as in many OECD countries, the need to add to electricity infrastructure is becoming apparent. Life-extension of existing nuclear units, and projects to build new unit, are being planned. The key challenges, once energy policy issues have been addressed, are mainly commercial. Based on its successful experience with overseas projects such as Quinshan, and on its evolutionary approach to design of new, advanced power plants, AECL is well placed to meet these challenges and launch a new round of nuclear projects. Overall, the Canadian perspective is towards increasing support for the nuclear option. Canada is poised to join the vanguard of the broadening nuclear power expansion. (orig.)

Addressing Trauma in Schools: Multitiered Service Delivery Options for Practitioners

Science.gov (United States)

Reinbergs, Erik J.; Fefer, Sarah A.

2018-01-01

Hundreds of thousands of children are confronted with traumatic experiences each year in the United States. As trauma-informed care begins to take hold in schools, school mental health providers (e.g., school psychologists, counselors, and social workers) desire concrete service-delivery options for students affected by trauma. This article…

Implicit Tariffs on Imported Dairy Product Components in the United States

OpenAIRE

Tellioglu, Isin; Bailey, Kenneth W.; Blandford, David

2007-01-01

The majority of the dairy products imported by the United States are intermediate products used in food processing. As such, they are demanded for their components such as milk fat and protein. The implications of the U.S. tariff structure for import demand must be viewed in terms of the tariff's effects upon the relative prices of imported milk components. In this article we examine the implications of the current tariff structure and proposed changes under the Doha Round of international tr...

Drone transportation of blood products.

Science.gov (United States)

Amukele, Timothy; Ness, Paul M; Tobian, Aaron A R; Boyd, Joan; Street, Jeff

2017-03-01

Small civilian unmanned aerial vehicles (drones) are a novel way to transport small goods. To the best of our knowledge there are no studies examining the impact of drone transport on blood products, describing approaches to maintaining temperature control, or component physical characteristics during drone transport. Six leukoreduced red blood cell (RBC) and six apheresis platelet (PLT) units were split using sterile techniques. The larger parent RBC and PLT units, as well as six unthawed plasma units frozen within 24 hours of collection (FP24), were placed in a cooler, attached to the drone, and flown for up to 26.5 minutes with temperature logging. Ambient temperatures during the experimental window ranged between -1 and 18°C across 2 days. The difference between the ambient and unit temperatures was approximately 20°C for PLT and FP24 units. After flight, the RBC parent units were centrifuged and visually checked for hemolysis; the PLTs were checked for changes in mean PLT volumes (MPVs), pH, and PLT count; and the frozen air bubbles on the back of the FP24 units were examined for any changes in size or shape, as evidence of thawing. There was no evidence of RBC hemolysis; no significant changes in PLT count, pH, or MPVs; and no changes in the FP24 bubbles. The temperature of all units was maintained during transport and flight. There was no adverse impact of drone transport on RBC, PLT, or FP24 units. These findings suggest that drone transportation systems are a viable option for the transportation of blood products. © 2016 AABB.

Attributing Crop Production in the United States Using Artificial Neural Network

Science.gov (United States)

Ma, Y.; Zhang, Z.; Pan, B.

2017-12-01

Crop production plays key role in supporting life, economy and shaping environment. It is on one hand influenced by natural factors including precipitation, temperature, energy, and on the other hand shaped by the investment of fertilizers, pesticides and human power. Successful attributing of crop production to different factors can help optimize resources and improve productivity. Based on the meteorological records from National Center for Environmental Prediction and state-wise crop production related data provided by the United States Department of Agriculture Economic Research Service, an artificial neural network was constructed to connect crop production with precipitation and temperature anormlies, capital input, labor input, energy input, pesticide consumption and fertilizer consumption. Sensitivity analysis were carried out to attribute their specific influence on crop production for each grid. Results confirmed that the listed factors can generally determine the crop production. Different state response differently to the pertubation of predictands. Their spatial distribution is visulized and discussed.

Environmental and economic analyses of waste disposal options for traditional markets in Indonesia

International Nuclear Information System (INIS)

Aye, Lu; Widjaya, E.R.

2006-01-01

Waste from traditional markets in Indonesia is the second largest stream of municipal solid waste after household waste. It has a higher organic fraction and may have greater potential to be managed on a business scale compared to household wastes. The attributed reason is that in general the wastes generated from traditional markets are more uniform, more concentrated and less hazardous than waste from other sources. This paper presents the results of environmental and economic assessments to compare the options available for traditional market waste disposal in Indonesia. The options compared were composting in labour intensive plants, composting in a centralised plant that utilised a simple wheel loader, centralised biogas production and landfill for electricity production. The current open dumping practice was included as the baseline case. A life cycle assessment (LCA) was used for environmental analysis. All options compared have lower environmental impacts than the current practice of open dumping. The biogas production option has the lowest environmental impacts. A cost-benefit analysis, which considered greenhouse gas savings, was used for the economic assessment. It was found that composting at a centralised plant is the most economically feasible option under the present Indonesian conditions. The approach reported in this study could be applied for 'a pre-feasibility first cut comparison' that includes environmental aspects in a decision-making framework for developing countries even though European emission factors were used

Risk management with options and futures under liquidity risk

OpenAIRE

Adam-Müller, A F A; Panaretou, A

2009-01-01

Futures hedging creates liquidity risk through marking to market. Liquidity risk matters if interim losses on a futures position have to be financed at a markup over the risk-free rate. This study analyzes the optimal risk management and production decisions of a firm facing joint price and liquidity risk. It provides a rationale for the use of options on futures in imperfect capital markets. If liquidity risk materializes, the firm sells options on futures in order to partly cover this liqui...

Are biofuels a feasible option?

International Nuclear Information System (INIS)

Goldemberg, Jose; Guardabassi, Patricia

2009-01-01

Recently a number of objections have been raised against the use of ethanol produced from agricultural products such as maize, sugarcane, wheat or sugar beets as a replacement for gasoline, despite some of their advantages such as being cleaner and to some extent renewable. We address these objections in this paper. Topics discussed include the 'corn connection' (which was theorized to be a cause of deforestation in the Amazonia), the rise of food prices due to ethanol production and the real possibilities of ethanol in reducing greenhouse gas emissions. It has been shown that such concerns are grossly exaggerated and that ethanol from sugarcane, as produced in Brazil, is the preferred option for the production of fuel not only in terms of cost but also as a favourable energy balance. Finally, the possibility of expanding ethanol production to other sugar-producing countries is also discussed

Fuel options for oil sands

International Nuclear Information System (INIS)

Wise, T.

2005-01-01

This presentation examined fuel options in relation to oil sands production. Options include steam and hydrogen (H 2 ) for upgrading; natural gas by pipeline; bitumen; petroleum coke; and coal. Various cost drivers were also considered for each of the fuel options. It was noted that natural gas has high energy value but the capital cost is low, and that coke's energy value is very low but the capital cost is high. A chart forecasting energy prices was presented. The disposition of Western Canada's northern gas situation was presented. Issues concerning rail transportation for coal were considered. Environmental concerns were also examined. A chart of typical gas requirements for 75,000 B/D oil sands projects was presented. Issues concerning steam generation with gas and mining cogeneration with gas fuel and steam turbines were discussed, as well as cogeneration and H 2 with gas fuels and steam turbines. Various technology and fuel utility options were examined, along with details of equipment and processes. Boiler technologies were reviewed by type as well as fuel and steam quality and pressure. Charts of cogeneration with gas turbine and circulation fluid bed boilers were presented. Gasification processes were reviewed and a supply cost basis was examined. Cost drivers were ranked according to energy, operating considerations and capital investment. Results indicated that fuel costs were significant for gas and coal. Capital costs and capital recovery charge was most significant with coal and gasification technology. Without capital recovery, cash costs favour the use of bitumen and coke. Gasification would need lower capital and lower capital recovery to compete with direct burning. It was concluded that direct burning of bitumen can compete with natural gas. With price volatility anticipated, dual fuel capability for bitumen and gas has merit. Petroleum coke can be produced or retrieved from stockpiles. Utility supply costs of direct burning of coke is

CO_2-mitigation options for the offshore oil and gas sector

International Nuclear Information System (INIS)

Nguyen, Tuong-Van; Tock, Laurence; Breuhaus, Peter; Maréchal, François; Elmegaard, Brian

2016-01-01

Highlights: • The possibilities for reducing offshore CO_2-emissions, by CO_2-capture, waste heat recovery and electrification are assessed. • Multi-objective optimisation, process modelling, economic and environmental analyses are used for evaluating system designs. • A reduction of more than 15% of the total CO_2-emissions can be achieved for the present case study. • High sensitivity of the avoidance costs to the natural gas price and CO_2-tax. - Abstract: The offshore extraction of oil and gas is an energy-intensive process leading to the production of CO_2 and methane, discharged into the atmosphere, and of chemicals, rejected into the sea. The taxation of these emissions, in Norway, has encouraged the development of more energy-efficient and environmental-friendly solutions, of which three are assessed in this paper: (i) the implementation of waste heat recovery, (ii) the installation of a CO_2-capture unit and (iii) the platform electrification. A North Sea platform is taken as case study, and these three options are modelled, analysed and compared, using thermodynamic, economic and environmental indicators. The results indicate the benefits of all these options, as the total CO_2-emissions can be reduced by more than 15% in all cases, while the avoidance costs vary widely and are highly sensitive to the natural gas price and CO_2-tax.

High-resolution Monthly Satellite Precipitation Product over the Conterminous United States

Science.gov (United States)

Hashemi, H.; Fayne, J.; Knight, R. J.; Lakshmi, V.

2017-12-01

We present a data set that enhanced the Tropical Rainfall Measuring Mission (TRMM) Multi-satellite Precipitation Analysis (TMPA) monthly product 3B43 in its accuracy and spatial resolution. For this, we developed a correction function to improve the accuracy of TRMM 3B43, spatial resolution of 25 km, by estimating and removing the bias in the satellite data using a ground-based precipitation data set. We observed a strong relationship between the bias and land surface elevation; TRMM 3B43 tends to underestimate the ground-based product at elevations above 1500 m above mean sea level (m.amsl) over the conterminous United States. A relationship was developed between satellite bias and elevation. We then resampled TRMM 3B43 to the Digital Elevation Model (DEM) data set at a spatial resolution of 30 arc second ( 1 km on the ground). The produced high-resolution satellite-based data set was corrected using the developed correction function based on the bias-elevation relationship. Assuming that each rain gauge represents an area of 1 km2, we verified our product against 9,200 rain gauges across the conterminous United States. The new product was compared with the gauges, which have 50, 60, 70, 80, 90, and 100% temporal coverage within the TRMM period of 1998 to 2015. Comparisons between the high-resolution corrected satellite-based data and gauges showed an excellent agreement. The new product captured more detail in the changes in precipitation over the mountainous region than the original TRMM 3B43.

ACCOUNTING FOR OPTIONS AND ANALYSIS OF USE OF OPTION COMBINATION STRATEGIES

Directory of Open Access Journals (Sweden)

I. Derun

2016-08-01

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

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

Science.gov (United States)

Greenwalt, C. J.; Hunter, J.

2000-01-01

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

A Real Option Analysis applied to the production of Arabica and Robusta Coffee in Ecuador

Energy Technology Data Exchange (ETDEWEB)

Jácome, A.R.; Garrido, A.

2017-09-01

The coffee market is distinguished for being volatile and uncertain in terms of domestic and international prices. Arabica and Robusta coffee are produced in 23 provinces of Ecuador. A decade-long decline of coffee production prompted the Ecuadorian government to launch a public program for replanting coffee trees towards the end of 2011. A grower’s decision to enter, remain in or exit the coffee sector is based on fluctuating profits from each year’s harvest sale. We analyzed the hypothesis whereby the coffee grower’s decision to leave the sector is explained by volatile and uncertain prices. This paper aimed to evaluate the coffee sector with an application of Real Option Analysis for the period 2002-2012. We also defined entry (H) and exit (L) prices for Arabica and Robusta coffee for the analyzed period. Our findings revealed high H and L prices encourage growers to leave the sector for the most part of the analyzed period. High H and L prices resulted from high variable cost due to increasing wages for farm workers. The Ecuadorian government is developing a policy to help growers make production more efficient, encouraging them to remain in the sector in the long run.

A Real Option Analysis applied to the production of Arabica and Robusta Coffee in Ecuador

Directory of Open Access Journals (Sweden)

Andres R. Jácome

2017-04-01

Full Text Available The coffee market is distinguished for being volatile and uncertain in terms of domestic and international prices. Arabica and Robusta coffee are produced in 23 provinces of Ecuador. A decade-long decline of coffee production prompted the Ecuadorian government to launch a public program for replanting coffee trees towards the end of 2011. A grower’s decision to enter, remain in or exit the coffee sector is based on fluctuating profits from each year’s harvest sale. We analyzed the hypothesis whereby the coffee grower’s decision to leave the sector is explained by volatile and uncertain prices. This paper aimed to evaluate the coffee sector with an application of Real Option Analysis for the period 2002-2012. We also defined entry (H and exit (L prices for Arabica and Robusta coffee for the analyzed period. Our findings revealed high H and L prices encourage growers to leave the sector for the most part of the analyzed period. High H and L prices resulted from high variable cost due to increasing wages for farm workers. The Ecuadorian government is developing a policy to help growers make production more efficient, encouraging them to remain in the sector in the long run.

A Real Option Analysis applied to the production of Arabica and Robusta Coffee in Ecuador

International Nuclear Information System (INIS)

Jácome, A.R.; Garrido, A.

2017-01-01

The coffee market is distinguished for being volatile and uncertain in terms of domestic and international prices. Arabica and Robusta coffee are produced in 23 provinces of Ecuador. A decade-long decline of coffee production prompted the Ecuadorian government to launch a public program for replanting coffee trees towards the end of 2011. A grower’s decision to enter, remain in or exit the coffee sector is based on fluctuating profits from each year’s harvest sale. We analyzed the hypothesis whereby the coffee grower’s decision to leave the sector is explained by volatile and uncertain prices. This paper aimed to evaluate the coffee sector with an application of Real Option Analysis for the period 2002-2012. We also defined entry (H) and exit (L) prices for Arabica and Robusta coffee for the analyzed period. Our findings revealed high H and L prices encourage growers to leave the sector for the most part of the analyzed period. High H and L prices resulted from high variable cost due to increasing wages for farm workers. The Ecuadorian government is developing a policy to help growers make production more efficient, encouraging them to remain in the sector in the long run.

Life cycle inventory for the production of germinated oil palm seeds at a selected seed production unit in Malaysia

Science.gov (United States)

Khairuddin, Nik Sasha Khatrina; Ismail, B. S.; Muhamad, Halimah; May, Choo Yuen

2013-11-01

The increasing global demand for edible oil has encouraged Malaysia to increase the areas under oil palm cultivation. The total demand for germinated oil palm seeds in the years 2009, 2010, 2011 and 2012 were 86.4, 76.5, 72.6 and 75.2 million, respectively. Production of germinated oil palm seeds is the first link in the palm oil supply chain. Therefore, good management practices at seed production stage is required to ensure only high quality germinated oil palm seeds are produced before sale to customers. Life cycle assessment (LCA) has been used as a tool to assess environmental impact of the processes throughout a product's lifespan and this approach is an important tool for assessing green house gas (GHG) emission. For this study, a gate-to-gate life cycle inventory (LCI) of a single germinated oil palm seed production unit was carried out. The functional unit used for this LCI was one germinated oil palm seed. To determine the environmental impact for the production of germinated oil palm seeds, information on the inputs were obtained. The inputs for the production of germinated oil palm seeds involved materials such as polyethylene bags, electricity, water, chemicals and fungicides. For this study, the system boundary involved seed germination process and management of germinated oil palm seeds. It was found that the amount of input such as materials and energy used in the production of germinated oil palm seeds was very minimal.

Relative emissions intensity of dairy production systems: employing different functional units in life-cycle assessment.

Science.gov (United States)

Ross, S A; Topp, C F E; Ennos, R A; Chagunda, M G G

2017-08-01

This study aimed to assess the merit and suitability of individual functional units (FU) in expressing greenhouse gas emissions intensity in different dairy production systems. An FU provides a clearly defined and measurable reference to which input and output data are normalised. This enables the results from life-cycle assessment (LCA) of different systems to be treated as functionally equivalent. Although the methodological framework of LCA has been standardised, selection of an appropriate FU remains ultimately at the discretion of the individual study. The aim of the present analysis was to examine the effect of different FU on the emissions intensities of different dairy production systems. Analysis was based on 7 years of data (2004 to 2010) from four Holstein-Friesian dairy systems at Scotland's Rural College's long-term genetic and management systems project, the Langhill herd. Implementation of LCA accounted for the environmental impacts of the whole-farm systems and their production of milk from 'cradle to farm gate'. Emissions intensity was determined as kilograms of carbon dioxide equivalents referenced to six FU: UK livestock units, energy-corrected milk yield, total combined milk solids yield, on-farm land used for production, total combined on- and off-farm land used for production, and the proposed new FU-energy-corrected milk yield per hectare of total land used. Energy-corrected milk was the FU most effective for reflecting differences between the systems. Functional unit that incorporated a land-related aspect did not find difference between systems which were managed under the same forage regime, despite their comprising different genetic lines. Employing on-farm land as the FU favoured grazing systems. The proposed dual FU combining both productivity and land use did not differentiate between emissions intensity of systems as effectively as the productivity-based units. However, this dual unit displayed potential to quantify in a simple way

Wood products used for residential repair and remodeling in the United States, 1991

Science.gov (United States)

D. B. McKeever; R. G. Anderson

Large amounts of lumber and wood panel products are used annually for the repair and remodeling of residential structures and properties in the United States. In response to the need by government and industry for detailed information on this important market for timber products, a study was conducted by the Timber Demand and Technology...

Advanced policy options to regulate sugar-sweetened beverages to support public health.

Science.gov (United States)

Pomeranz, Jennifer L

2012-02-01

Consumption of sugar-sweetened beverages (SSBs) has increased worldwide. As public health studies expose the detrimental impact of SSBs, consumer protection and public health advocates have called for increased government control. A major focus has been on restricting marketing of SSBs to children, but many innovative policy options--legally defensible ways to regulate SSBs and support public health--are largely unexplored. We describe the public health, economic, and retail marketing research related to SSBs (including energy drinks). We review policy options available to governments, including mandatory factual disclosures, earmarked taxation, and regulating sales, including placement within retail and food service establishments, and schools. Our review describes recent international initiatives and classifies options available in the United States by jurisdiction (federal, state, and local) based on legal viability.

76 FR 13168 - Energy Conservation Program for Consumer Products: Representative Average Unit Costs of Energy

Science.gov (United States)

2011-03-10

... average unit costs of residential energy in a Federal Register notice entitled, ``Energy Conservation... DEPARTMENT OF ENERGY Office of Energy Efficiency and Renewable Energy Energy Conservation Program for Consumer Products: Representative Average Unit Costs of Energy AGENCY: Office of Energy Efficiency...

Rehabilitation Options

Science.gov (United States)

... Speech Pathology Occupational Therapy Art Therapy Recreational therapy Neuropsychology Home Care Options Advanced Care Planning Palliative Care ... Speech Pathology Occupational Therapy Art Therapy Recreational therapy Neuropsychology Home Care Options Advanced Care Planning Palliative Care ...

DESIGN OF OYSTER (PLEUROTUS OSTREATUS PRODUCTION UNIT TAKING INTO ACCOUNT ITS AGROTECHNIC OF GROWIGN AND QUALITY AND QUANTITY OF ITS PRODUCTION

Directory of Open Access Journals (Sweden)

Marcel Golian

2015-02-01

Full Text Available According to influence of population increasing followed by agricultural soils decreasing there is noticed a necessity of individual food commodities production intensification. There is also needed to think about some new unconventional and alternative sort of food-stuff. An edible mushroom growing is one of the relatively new agricultural branches, whereby on a large scale there are grown species which belong to saprophytic group. The aim of task was the building – technological and equipment – technological proposal of oyster (Pleurotus ostreatus, Jacq. P. Kumm production unit with taking account to its specific agro technical requirements and valid legislative. In the next part of task there were evaluated and compared qualitative and quantitative parameters of sporocarps from two variants which were collected in the first growth wave and accuracy of the proposed oyster production unit. In case of variant A there were used sacks with substrates, which have been exposed to cold shock by 6°C temperature for 4 days and in variant B were used substrates without cold shock. According to reached results the cold shock had almost neither influence on production quantity. There was found out an important fact that crop height from first growth wave wasn´t identical with well-known literature sources. The low crop is connected with high CO2 content in oyster production unit room, according to our opinion. Other equipment aimed to air humidity regulation, air temperature regulation and room lights was designed correctly.

Green Power Marketing in the United States: A Status Report; Seventh Edition

Energy Technology Data Exchange (ETDEWEB)

Bird, L.; Swezey, B.

2004-09-01

Voluntary consumer decisions to purchase electricity supplied from renewable energy sources represent a powerful market support mechanism for renewable energy development. Beginning in the early 1990s, a small number of U.S. utilities began offering ''green power'' options to their customers. Since then, these products have become more prevalent both from utilities and in states that have introduced competition into their retail electricity markets. Today, more than 50% of all U.S. consumers have an option to purchase some type of green power product from a retail electricity provider. This report provides an overview of green power marketing activity in the United States. The first section provides an overview of green power markets, consumer response, and recent industry trends. Section 2 provides brief descriptions of the utility green pricing programs available nationally. Section 3 describes companies that actively market green power in competitive markets and those that market renew able energy certificates nationally or regionally. The last section provides information on a select number of large, nonresidential green power purchasers, including governmental agencies, universities, and businesses.

Green Power Marketing in the United States: A Status Report (Eighth Edition)

Energy Technology Data Exchange (ETDEWEB)

Bird, L.; Swezey, B.

2005-10-01

Voluntary consumer decisions to purchase electricity supplied by renewable energy sources represent a powerful market support mechanism for renewable energy development. Beginning in the early 1990s, a small number of U.S. utilities began offering "green power" options to their customers. Since then, these products have become more prevalent, both from utilities and in states that have introduced competition into their retail electricity markets. Today, more than 50% of all U.S. consumers have an option to purchase some type of green power product from a retail electricity provider. This report provides an overview of green power marketing activity in the United States. The first section provides an overview of green power markets, consumer response, and recent industry trends. The second section provides brief descriptions of utility green pricing programs. The third section describes companies that actively market green power in competitive markets and those that market renewable energy certificates nationally or regionally. The final section provides information on a select number of large, nonresidential green power purchasers, including businesses, universities, and government agencies.

Renewal of nuclear electricity production: an economic trend

International Nuclear Information System (INIS)

Debontride, B.; Bouteille, F.; Goebel, A.; Czech, J.

2004-01-01

2004 price evolution on the market asks on nuclear generation profitability and competitiveness. There were over installed capacities in Europe since several years, but electricity consumption is steadily increasing and over capacities will disappear more or less at the end of the decade. On a world basis, electricity demand grows twice as much as energy demand, so that there is a need to invest in new electricity generation capacities. The recent US black out events shows the need for securing energy supply in capacities as well as in transmission and distribution. Competitiveness of the different possible sources of energy thus needs to be carefully assessed by all the worldwide decision makers in the field of power generation. In France, the economy of the electricity production is regularly assessed by a French Government study called 'Reference costs for Electricity production' which compares the levelized cost for base load power produced by a nuclear unit (latest design available) and other conventional power stations. In the latest release published in 2003 the nuclear option (the EPR) is compared with three fossil-fired units: A twin 400 MW combined-cycle gas plant, a twin 900 MW pulverized coal station and a 400 MW fluidized bed combustion coal plant. In all cases the nuclear option is the cheapest. If external costs, based on the EU studies (ExternE), are taken into account, the advantage of the nuclear option is significantly increased. In Finland a study performed by the Lappeenranta University in 2000 concluded also in the competitiveness of the Nuclear option. This result was important in the decision making process which resulted in the decision in principle of the Finnish Parliament to allow for the construction of the fifth Nuclear power station for which the EPR was selected. In China, the same kind of economical studies recently led the governmental authorities to launch new nuclear projects. These three examples, in three countries where

Augmented lagrange hopfield network for economic dispatch with multiple fuel options

International Nuclear Information System (INIS)

Dieu, Vo Ngoc; Ongsakul, Weerakorn; Polprasert, Jirawadee

2011-01-01

This paper proposes an augmented Lagrange Hopfield network (ALHN) for solving economic dispatch (ED) problem with multiple fuel options. The proposed ALHN method is a continuous Hopfield neural network with its energy function based on augmented Lagrangian function. The advantages of ALHN over the conventional Hopfield neural network are easier use, more general applications, faster convergence, better optimal solution, and larger scale of problem implementation. The method solves the problem by directly searching the most suitable fuel among the available fuels of each unit and finding the optimal solution for the problem based on minimization of the energy function of the continuous Hopfield neural network. The proposed method is tested on systems up to 100 units and the obtained results are compared to those from other methods in the literature. The results have shown that the proposed method is efficient for solving the ED problem with multiple fuel options and favorable for implementation in large scale problems.

Life cycle assessment of bagasse waste management options

International Nuclear Information System (INIS)

Kiatkittipong, Worapon; Wongsuchoto, Porntip; Pavasant, Prasert

2009-01-01

Bagasse is mostly utilized for steam and power production for domestic sugar mills. There have been a number of alternatives that could well be applied to manage bagasse, such as pulp production, conversion to biogas and electricity production. The selection of proper alternatives depends significantly on the appropriateness of the technology both from the technical and the environmental points of view. This work proposes a simple model based on the application of life cycle assessment (LCA) to evaluate the environmental impacts of various alternatives for dealing with bagasse waste. The environmental aspects of concern included global warming potential, acidification potential, eutrophication potential and photochemical oxidant creation. Four waste management scenarios for bagasse were evaluated: landfilling with utilization of landfill gas, anaerobic digestion with biogas production, incineration for power generation, and pulp production. In landfills, environmental impacts depended significantly on the biogas collection efficiency, whereas incineration of bagasse to electricity in the power plant showed better environmental performance than that of conventional low biogas collection efficiency landfills. Anaerobic digestion of bagasse in a control biogas reactor was superior to the other two energy generation options in all environmental aspects. Although the use of bagasse in pulp mills created relatively high environmental burdens, the results from the LCA revealed that other stages of the life cycle produced relatively small impacts and that this option might be the most environmentally benign alternative

Fast Spectrum Molten Salt Reactor Options

Energy Technology Data Exchange (ETDEWEB)

Gehin, Jess C [ORNL; Holcomb, David Eugene [ORNL; Flanagan, George F [ORNL; Patton, Bruce W [ORNL; Howard, Rob L [ORNL; Harrison, Thomas J [ORNL

2011-07-01

During 2010, fast-spectrum molten-salt reactors (FS-MSRs) were selected as a transformational reactor concept for light-water reactor (LWR)-derived heavy actinide disposition by the Department of Energy-Nuclear Energy Advanced Reactor Concepts (ARC) program and were the subject of a preliminary scoping investigation. Much of the reactor description information presented in this report derives from the preliminary studies performed for the ARC project. This report, however, has a somewhat broader scope-providing a conceptual overview of the characteristics and design options for FS-MSRs. It does not present in-depth evaluation of any FS-MSR particular characteristic, but instead provides an overview of all of the major reactor system technologies and characteristics, including the technology developments since the end of major molten salt reactor (MSR) development efforts in the 1970s. This report first presents a historical overview of the FS-MSR technology and describes the innovative characteristics of an FS-MSR. Next, it provides an overview of possible reactor configurations. The following design features/options and performance considerations are described including: (1) reactor salt options-both chloride and fluoride salts; (2) the impact of changing the carrier salt and actinide concentration on conversion ratio; (3) the conversion ratio; (4) an overview of the fuel salt chemical processing; (5) potential power cycles and hydrogen production options; and (6) overview of the performance characteristics of FS-MSRs, including general comparative metrics with LWRs. The conceptual-level evaluation includes resource sustainability, proliferation resistance, economics, and safety. The report concludes with a description of the work necessary to begin more detailed evaluation of FS-MSRs as a realistic reactor and fuel cycle option.

5 CFR 870.705 - Amount and election of Option B and Option C.

Science.gov (United States)

2010-01-01

... 5 Administrative Personnel 2 2010-01-01 2010-01-01 false Amount and election of Option B and Option C. 870.705 Section 870.705 Administrative Personnel OFFICE OF PERSONNEL MANAGEMENT (CONTINUED... Compensationers § 870.705 Amount and election of Option B and Option C. (a) The number of multiples of Option B...

Mechanical design of an electronic control unit using axiomatic principles

Directory of Open Access Journals (Sweden)

Cazacu Vlad

2017-01-01

Full Text Available If the engine of the car can be considered as the heart, then the E.C.U’s represents the brain of the car. Electronic control units (E.C.U’s are electronic devices which control the way different components of a car (engine, windows, airbags, etc. react in some situations (overheating, button pressed by a passenger, crash, etc.. Axiomatic design is a set of principles that theorizes the act of conceiving a new project. Based on two axiom this method comes into designers help, giving them the option to reach in a short period of time a fully functional and compliant product without supporting the design of the product on chance, past experiences or “try and fail” principle.

Classifying Floating Potential Measurement Unit Data Products as Science Data

Science.gov (United States)

Coffey, Victoria; Minow, Joseph

2015-01-01

We are Co-Investigators for the Floating Potential Measurement Unit (FPMU) on the International Space Station (ISS) and members of the FPMU operations and data analysis team. We are providing this memo for the purpose of classifying raw and processed FPMU data products and ancillary data as NASA science data with unrestricted, public availability in order to best support science uses of the data.

Functional unit and product functionality—addressing increase in consumption and demand for functionality in sustainability assessment with LCA

DEFF Research Database (Denmark)

Kim, Seung Jin; Kara, Sami; Hauschild, Michael Zwicky

2016-01-01

behaviour and demonstrates the vicious circle of improving product efficiency that leads to further consumption and environmental impact. To address this problem, a new framework of dynamic functional unit definition is put forward for performing comparative LCA to manage the development of product life...... consumption of products in provided services as well as in growing volumes. This article aims to present a new framework in defining a dynamic functional unit of product technologies that caters for changes in consumer behaviour and growing market. Methods: A new approach to defining the functional unit...... is demonstrated on a case study in which the analysis of historical data for two TV product technologies—CRT and LCD—is used to show how the total environmental impact is increasing due to the increased functionality which triggers an increase in the volume of the market. Despite the efforts of improving product...

Construction strategies and lifetime uncertainties for nuclear projects: A real option analysis

International Nuclear Information System (INIS)

Jain, Shashi; Roelofs, Ferry; Oosterlee, Cornelis W.

2013-01-01

Highlights: • Real options can be used to value flexibility of modular reactors. • Value of NPPs increases with implementation of long term cost reductions. • Levels of uncertainties affect the choice between projects. -- Abstract: Small and medium sized reactors, SMRs (according to IAEA, ‘small’ are reactors with power less than 300 MWe, and ‘medium’ with power less than 700 MWe) are considered as an attractive option for investment in nuclear power plants. SMRs may benefit from flexibility of investment, reduced upfront expenditure, and easy integration with small sized grids. Large reactors on the other hand have been an attractive option due to economy of scale. In this paper we focus on the advantages of flexibility due to modular construction of SMRs. Using real option analysis (ROA) we help a utility determine the value of sequential modular SMRs. Numerical results under different considerations, like possibility of rare events, learning, uncertain lifetimes are reported for a single large unit and modular SMRs

Construction strategies and lifetime uncertainties for nuclear projects: A real option analysis

Energy Technology Data Exchange (ETDEWEB)

Jain, Shashi, E-mail: s.jain@cwi.nl [TU Delft, Delft Institute of Applied Mathematics, Delft (Netherlands); Nuclear Research Group, Petten (Netherlands); Roelofs, Ferry, E-mail: roelofs@nrg.eu [Nuclear Research Group, Petten (Netherlands); Oosterlee, Cornelis W., E-mail: c.w.oosterlee@cwi.nl [CWI – Centrum Wiskunde and Informatica, Amsterdam (Netherlands); TU Delft, Delft Institute of Applied Mathematics, Delft (Netherlands)

2013-12-15

Highlights: • Real options can be used to value flexibility of modular reactors. • Value of NPPs increases with implementation of long term cost reductions. • Levels of uncertainties affect the choice between projects. -- Abstract: Small and medium sized reactors, SMRs (according to IAEA, ‘small’ are reactors with power less than 300 MWe, and ‘medium’ with power less than 700 MWe) are considered as an attractive option for investment in nuclear power plants. SMRs may benefit from flexibility of investment, reduced upfront expenditure, and easy integration with small sized grids. Large reactors on the other hand have been an attractive option due to economy of scale. In this paper we focus on the advantages of flexibility due to modular construction of SMRs. Using real option analysis (ROA) we help a utility determine the value of sequential modular SMRs. Numerical results under different considerations, like possibility of rare events, learning, uncertain lifetimes are reported for a single large unit and modular SMRs.

United States rejoin ITER

International Nuclear Information System (INIS)

Roberts, M.

2003-01-01

Upon pressure from the United States Congress, the US Department of Energy had to withdraw from further American participation in the ITER Engineering Design Activities after the end of its commitment to the EDA in July 1998. In the years since that time, changes have taken place in both the ITER activity and the US fusion community's position on burning plasma physics. Reflecting the interest in the United States in pursuing burning plasma physics, the DOE's Office of Science commissioned three studies as part of its examination of the option of entering the Negotiations on the Agreement on the Establishment of the International Fusion Energy Organization for the Joint Implementation of the ITER Project. These were a National Academy Review Panel Report supporting the burning plasma mission; a Fusion Energy Sciences Advisory Committee (FESAC) report confirming the role of ITER in achieving fusion power production, and The Lehman Review of the ITER project costing and project management processes (for the latter one, see ITER CTA Newsletter, no. 15, December 2002). All three studies have endorsed the US return to the ITER activities. This historical decision was announced by DOE Secretary Abraham during his remarks to employees of the Department's Princeton Plasma Physics Laboratory. The United States will be working with the other Participants in the ITER Negotiations on the Agreement and is preparing to participate in the ITA

The Amnesiac Lookback Option: Selectively Monitored Lookback Options and Cryptocurrencies

Directory of Open Access Journals (Sweden)

Ho-Chun Herbert Chang

2018-05-01

Full Text Available This study proposes a strategy to make the lookback option cheaper and more practical, and suggests the use of its properties to reduce risk exposure in cryptocurrency markets through blockchain enforced smart contracts and correct for informational inefficiencies surrounding prices and volatility. This paper generalizes partial, discretely-monitored lookback options that dilute premiums by selecting a subset of specified periods to determine payoff, which we call amnesiac lookback options. Prior literature on discretely-monitored lookback options considers the number of periods and assumes equidistant lookback periods in pricing partial lookback options. This study by contrast considers random sampling of lookback periods and compares resulting payoff of the call, put and spread options under floating and fixed strikes. Amnesiac lookbacks are priced with Monte Carlo simulations of Gaussian random walks under equidistant and random periods. Results are compared to analytic and binomial pricing models for the same derivatives. Simulations show diminishing marginal increases to the fair price as the number of selected periods is increased. The returns correspond to a Hill curve whose parameters are set by interest rate and volatility. We demonstrate over-pricing under equidistant monitoring assumptions with error increasing as the lookback periods decrease. An example of a direct implication for event trading is when shock is forecasted but its timing uncertain, equidistant sampling produces a lower error on the true maximum than random choice. We conclude that the instrument provides an ideal space for investors to balance their risk, and as a prime candidate to hedge extreme volatility. We discuss the application of the amnesiac lookback option and path-dependent options to cryptocurrencies and blockchain commodities in the context of smart contracts.

Basket Option Pricing Using GP-GPU Hardware Acceleration

KAUST Repository

Douglas, Craig C.

2010-08-01

We introduce a basket option pricing problem arisen in financial mathematics. We discretized the problem based on the alternating direction implicit (ADI) method and parallel cyclic reduction is applied to solve the set of tridiagonal matrices generated by the ADI method. To reduce the computational time of the problem, a general purpose graphics processing units (GP-GPU) environment is considered. Numerical results confirm the convergence and efficiency of the proposed method. © 2010 IEEE.

Low Energy Technology. A Unit of Instruction on Energy Conservation in Field Crop Production.

Science.gov (United States)

Davis, George; Scanlon, Dennis C.

This unit of instruction on energy conservation in field crop production was designed for use by agribusiness and natural resources teachers in Florida high schools and by agricultural extension agents as they work with adults and students. It is one of a series of 11 instructional units (see note) written to help teachers and agents to educate…

Alternative disposal options for alpha-mixed low-level waste

International Nuclear Information System (INIS)

Loomis, G.G.; Sherick, M.J.

1995-01-01

This paper presents several disposal options for the Department of Energy alpha-mixed low-level waste. The mixed nature of the waste favors thermally treating the waste to either an iron-enriched basalt or glass waste form, at which point a multitude of reasonable disposal options, including in-state disposal, are a possibility. Most notably, these waste forms will meet the land-ban restrictions. However, the thermal treatment of this waste involves considerable waste handling and complicated/expensive offgas systems with secondary waste management problems. In the United States, public perception of offgas systems in the radioactive incinerator area is unfavorable. The alternatives presented here are nonthermal in nature and involve homogenizing the waste with cryogenic techniques followed by complete encapsulation with a variety of chemical/grouting agents into retrievable waste forms. Once encapsulated, the waste forms are suitable for transport out of the state or for actual in-state disposal. This paper investigates variances that would have to be obtained and contrasts the alternative encapsulation idea with the thermal treatment option

Alternative disposal options for alpha-mixed low-level waste

Energy Technology Data Exchange (ETDEWEB)

Loomis, G.G.; Sherick, M.J. [Idaho National Engineering Lab., Idaho Falls, ID (United States)

1995-12-31

This paper presents several disposal options for the Department of Energy alpha-mixed low-level waste. The mixed nature of the waste favors thermally treating the waste to either an iron-enriched basalt or glass waste form, at which point a multitude of reasonable disposal options, including in-state disposal, are a possibility. Most notably, these waste forms will meet the land-ban restrictions. However, the thermal treatment of this waste involves considerable waste handling and complicated/expensive offgas, systems with secondary waste management problems. In the United States, public perception of off gas systems in the radioactive incinerator area is unfavorable. The alternatives presented here are nonthermal in nature and involve homogenizing the waste with cryogenic techniques followed by complete encapsulation with a variety of chemical/grouting agents into retrievable waste forms. Once encapsulated, the waste forms are suitable for transport out of the state or for actual in-state disposal. This paper investigates variances that would have to be obtained and contrasts the alternative encapsulation idea with the thermal treatment option.

Litvinov splits into units, Sokolov gets state guarantees

International Nuclear Information System (INIS)

Alperowicz, N.

1993-01-01

Chemopetrol Litvinov, the largest chemical producer in the Czech Republic, has split its operation into four divisions in a move designed to make the process of privatization easier. Four key production divisions-refinery, petrochemicals, agro, and phenols-will function as independant legal entities. The petrochemical division includes the 450,000-m.t./year steam cracker, plastics production units, ethanol ethylbenzene, and oxo alcohols. Units producing ammonia, urea, carbon dioxide, and carbon black are in the division. Sources at Litvinov say a modified proposal to buy the company's refining operations has been received form a consortium composed of Agip, Conoco, and Total. The parties are discussing issues such as prices of intermediates and investment programs. Although Western partners have not shown interest in the steam cracker, Amoco is looking at the possibility of buying a stake in the polypropylene plant; Neste is considering a stake in polyethylene; and PCD is looking at a stake in both plastics, on a minority basis initially but with options to extend. The potential partners propose to expand capacity in line with market developments. Litinov is considering transferring the cracker into the refining division

Declassification, an actual operating materials management option in Cofrentes

International Nuclear Information System (INIS)

Garcia-Bermejo, R.; Diego compadre, J. L. de; Lopez Alvarez, L.; Analya Lazaro, M.

2014-01-01

Methods and procedures developed for declassification feature a series of methodological options and innovative technology, including the systematic use of the spatial random variable named index of Residual activity, level specific factors for declassification determined empirically for each unit of characterization and contrasts of hypothesis not parametric which are used in the demonstration of compliance of the levels of declassification Decision rules authorized by the CSN. (Author)

Patient knowledge on stroke risk factors, symptoms and treatment options.

Science.gov (United States)

Faiz, Kashif Waqar; Sundseth, Antje; Thommessen, Bente; Rønning, Ole Morten

2018-01-01

Public campaigns focus primarily on stroke symptom and risk factor knowledge, but patients who correctly recognize stroke symptoms do not necessarily know the reason for urgent hospitalization. The aim of this study was to explore knowledge on stroke risk factors, symptoms and treatment options among acute stroke and transient ischemic attack patients. This prospective study included patients admitted to the stroke unit at the Department of Neurology, Akershus University Hospital, Norway. Patients with previous cerebrovascular disease, patients receiving thrombolytic treatment and patients who were not able to answer the questions in the questionnaire were excluded. Patients were asked two closed-ended questions: "Do you believe that stroke is a serious disorder?" and "Do you believe that time is of importance for stroke treatment?". In addition, patients were asked three open-ended questions where they were asked to list as many stroke risk factors, stroke symptoms and stroke treatment options as they could. A total of 173 patients were included, of whom 158 (91.3%) confirmed that they regarded stroke as a serious disorder and 148 patients (85.5%) considered time being of importance. In all, 102 patients (59.0%) could not name any treatment option. Forty-one patients (23.7%) named one or more adequate treatment options, and they were younger ( p options, which may contribute to reduce prehospital delay and onset-to-treatment-time.

R&D as an option on market introduction

NARCIS (Netherlands)

Lint, L.J.O.; Pennings, H.P.G.

1998-01-01

Discounted cash flow methods for making R&D investment decisions cannot properly capture the option value in R&D. Since market and technology uncertainties change expectations about the viability of many new products, the value of projects is frequently adjusted during the R&D stages. Capturing the

Microbial production of biovanillin

Directory of Open Access Journals (Sweden)

A. Converti

2010-10-01

Full Text Available This review aims at providing an overview on the microbial production of vanillin, a new alternative method for the production of this important flavor of the food industry, which has the potential to become economically competitive in the next future. After a brief description of the applications of vanillin in different industrial sectors and of its physicochemical properties, we described the traditional ways of providing vanillin, specifically extraction and chemical synthesis (mainly oxidation and compared them with the new biotechnological options, i.e., biotransformations of caffeic acid, veratraldehyde and mainly ferulic acid. In the second part of the review, emphasis has been addressed to the factors most influencing the bioproduction of vanillin, specifically the age of inoculum, pH, temperature, type of co-substrate, as well as the inhibitory effects exerted either by excess substrate or product. The final part of the work summarized the downstream processes and the related unit operations involved in the recovery of vanillin from the bioconversion medium.

Microbial production of biovanillin.

Science.gov (United States)

Converti, A; Aliakbarian, B; Domínguez, J M; Bustos Vázquez, G; Perego, P

2010-07-01

This review aims at providing an overview on the microbial production of vanillin, a new alternative method for the production of this important flavor of the food industry, which has the potential to become economically competitive in the next future. After a brief description of the applications of vanillin in different industrial sectors and of its physicochemical properties, we described the traditional ways of providing vanillin, specifically extraction and chemical synthesis (mainly oxidation) and compared them with the new biotechnological options, i.e., biotransformations of caffeic acid, veratraldehyde and mainly ferulic acid. In the second part of the review, emphasis has been addressed to the factors most influencing the bioproduction of vanillin, specifically the age of inoculum, pH, temperature, type of co-substrate, as well as the inhibitory effects exerted either by excess substrate or product. The final part of the work summarized the downstream processes and the related unit operations involved in the recovery of vanillin from the bioconversion medium.

Completion of Population of and Quality Assurance on the Nuclear Fuel Cycle Options Catalog.

Energy Technology Data Exchange (ETDEWEB)

Price, Laura L. [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Barela, Amanda Crystal [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Walkow, Walter M. [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Schetnan, Richard Reed [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Arnold, Matthew Brian [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States)

2015-12-01

An Evaluation and Screening team supporting the Fuel Cycle Technologies Program Office of the United States Department of Energy, Office of Nuclear Energy is conducting an evaluation and screening of a comprehensive set of fuel cycle options. These options have been assigned to one of 40 evaluation groups, each of which has a representative fuel cycle option [Todosow 2013]. A Fuel Cycle Data Package System Datasheet has been prepared for each representative fuel cycle option to ensure that the technical information used in the evaluation is high-quality and traceable [Kim, et al., 2013]. The information contained in the Fuel Cycle Data Packages has been entered into the Nuclear Fuel Cycle Options Catalog at Sandia National Laboratories so that it is accessible by the evaluation and screening team and other interested parties. In addition, an independent team at Savannah River National Laboratory has verified that the information has been entered into the catalog correctly. This report documents that the 40 representative fuel cycle options have been entered into the Catalog, and that the data entered into the catalog for the 40 representative options has been entered correctly.

Subsurface Hybrid Power Options for Oil & Gas Production at Deep Ocean Sites

Energy Technology Data Exchange (ETDEWEB)

Farmer, J C; Haut, R; Jahn, G; Goldman, J; Colvin, J; Karpinski, A; Dobley, A; Halfinger, J; Nagley, S; Wolf, K; Shapiro, A; Doucette, P; Hansen, P; Oke, A; Compton, D; Cobb, M; Kopps, R; Chitwood, J; Spence, W; Remacle, P; Noel, C; Vicic, J; Dee, R

2010-02-19

An investment in deep-sea (deep-ocean) hybrid power systems may enable certain off-shore oil and gas exploration and production. Advanced deep-ocean drilling and production operations, locally powered, may provide commercial access to oil and gas reserves otherwise inaccessible. Further, subsea generation of electrical power has the potential of featuring a low carbon output resulting in improved environmental conditions. Such technology therefore, enhances the energy security of the United States in a green and environmentally friendly manner. The objective of this study is to evaluate alternatives and recommend equipment to develop into hybrid energy conversion and storage systems for deep ocean operations. Such power systems will be located on the ocean floor and will be used to power offshore oil and gas exploration and production operations. Such power systems will be located on the oceans floor, and will be used to supply oil and gas exploration activities, as well as drilling operations required to harvest petroleum reserves. The following conceptual hybrid systems have been identified as candidates for powering sub-surface oil and gas production operations: (1) PWR = Pressurized-Water Nuclear Reactor + Lead-Acid Battery; (2) FC1 = Line for Surface O{sub 2} + Well Head Gas + Reformer + PEMFC + Lead-Acid & Li-Ion Batteries; (3) FC2 = Stored O2 + Well Head Gas + Reformer + Fuel Cell + Lead-Acid & Li-Ion Batteries; (4) SV1 = Submersible Vehicle + Stored O{sub 2} + Fuel Cell + Lead-Acid & Li-Ion Batteries; (5) SV2 = Submersible Vehicle + Stored O{sub 2} + Engine or Turbine + Lead-Acid & Li-Ion Batteries; (6) SV3 = Submersible Vehicle + Charge at Docking Station + ZEBRA & Li-Ion Batteries; (7) PWR TEG = PWR + Thermoelectric Generator + Lead-Acid Battery; (8) WELL TEG = Thermoelectric Generator + Well Head Waste Heat + Lead-Acid Battery; (9) GRID = Ocean Floor Electrical Grid + Lead-Acid Battery; and (10) DOC = Deep Ocean Current + Lead-Acid Battery.

An integrated TSP-GA with EOL cost model for selecting the best EOL option

Directory of Open Access Journals (Sweden)

Zakri Ghazalli

2011-10-01

Full Text Available This paper presents our research works on integrating design for disassembly with cost model for end-of-life (EOL product. This paper has two objectives. The first objective is to optimize disassembly sequence of the EOL product. We integrate a traveling salesman problem approach with genetic algorithm in finding the optimal disassembly sequence for disassembling the EOL product. Based on this optimal sequence, the second objective is to identify the best EOL option. We employ EOL profits and net present value of parts and subassemblies of the EOL product to determine the best EOL option of components and parts of the EOL product. The predicted results showed that the developed cost model has reached a good correspondence with the established methods.

Exploring the biophysical option space for feeding the world without deforestation.

Science.gov (United States)

Erb, Karl-Heinz; Lauk, Christian; Kastner, Thomas; Mayer, Andreas; Theurl, Michaela C; Haberl, Helmut

2016-04-19

Safeguarding the world's remaining forests is a high-priority goal. We assess the biophysical option space for feeding the world in 2050 in a hypothetical zero-deforestation world. We systematically combine realistic assumptions on future yields, agricultural areas, livestock feed and human diets. For each scenario, we determine whether the supply of crop products meets the demand and whether the grazing intensity stays within plausible limits. We find that many options exist to meet the global food supply in 2050 without deforestation, even at low crop-yield levels. Within the option space, individual scenarios differ greatly in terms of biomass harvest, cropland demand and grazing intensity, depending primarily on the quantitative and qualitative aspects of human diets. Grazing constraints strongly limit the option space. Without the option to encroach into natural or semi-natural land, trade volumes will rise in scenarios with globally converging diets, thereby decreasing the food self-sufficiency of many developing regions.

Options of electric generation and sustainability

International Nuclear Information System (INIS)

Martin del Campo M, C.

2004-01-01

In this paper a study on the sustainability of the main electricity generation options is presented. The study is based on a matrix of sustainability indicators developed in Switzerland. A revision of some sustainability studies performed in countries with certain energy diversity and with experience in nuclear power plants operation, is done. Studies, in general, are performed for the power plant life cycle, taking into account economic aspects, fuel prices impact on electricity generation costs, fuel reserves indicators and material consumption. Air emission, waste production and human health impact data are also presented. All the results lead to confirm that nuclear energy has a high degree of sustainability vis a vis other options based on fossil fuels and renewable. Finally some comments are presented in order to highlight the importance that nuclear energy might have in the sustainable development of Mexico. (Author)

The option to expand a project: its assessment with the binomial options pricing model

Directory of Open Access Journals (Sweden)

Salvador Cruz Rambaud

Full Text Available Traditional methods of investment appraisal, like the Net Present Value, are not able to include the value of the operational flexibility of the project. In this paper, real options, and more specifically the option to expand, are assumed to be included in the project information in addition to the expected cash flows. Thus, to calculate the total value of the project, we are going to apply the methodology of the Net Present Value to the different scenarios derived from the existence of the real option to expand. Taking into account the analogy between real and financial options, the value of including an option to expand is explored by using the binomial options pricing model. In this way, estimating the value of the option to expand is a tool which facilitates the control of the uncertainty element implicit in the project. Keywords: Real options, Option to expand, Binomial options pricing model, Investment project appraisal

Retrading, production, and asset market performance.

Science.gov (United States)

Gjerstad, Steven D; Porter, David; Smith, Vernon L; Winn, Abel

2015-11-24

Prior studies have shown that traders quickly converge to the price-quantity equilibrium in markets for goods that are immediately consumed, but they produce speculative price bubbles in resalable asset markets. We present a stock-flow model of durable assets in which the existing stock of assets is subject to depreciation and producers may produce additional units of the asset. In our laboratory experiments inexperienced consumers who can resell their units disregard the consumption value of the assets and compete vigorously with producers, depressing prices and production. Consumers who have first participated in experiments without resale learn to heed their consumption values and, when they are given the option to resell, trade at equilibrium prices. Reproducibility is therefore the most natural and most effective treatment for suppression of bubbles in asset market experiments.

Microfouling assessment and its control in a heavy water production unit

International Nuclear Information System (INIS)

Rajesh Kumar; Subba Rao, T.

2015-01-01

The water treatment plant (WTP) of a heavy water production unit was extensively fouled by microorganisms. On-site investigations showed severe algal and bacterial growth in the various units of WTP and very dense microbial fouling in the vacuum degasser (VD) unit. Digital and microscopic images showed that the microfouling problem was primarily due to a slime bacterium and a fungus. Microbiological analysis showed a bacterial count of ∼10 5 cfu ml -1 in the various sections of WTP. The slime/biofilm scrapings had very high bacterial population (>10 9 cfu cm -2 ). High organic carbon values in the system (5.0 to 19.5 ppm) had supported microbial growth in WTP and augmented resin fouling. Chlorination was inadequate in controlling microfouling, consequently chlorine dioxide was tested and found to be a better biocide. A 2.0% sodium omadine solution had completely inhibited the fouling fungus. (author)

Productivity Effects of United States Multinational Enterprises : The Roles of Market Orientation and Regional Integration

NARCIS (Netherlands)

Smeets, Roger; Wei, Yingqi

2010-01-01

Smeets R. and Wei Y. Productivity effects of United States multinational enterprises: the roles of market orientation and regional integration, Regional Studies. This paper considers the role of market orientation and regional integration in foreign direct investment (FDI) productivity effects.

Traffic Light Options

DEFF Research Database (Denmark)

Jørgensen, Peter Løchte

This paper introduces, prices, and analyzes traffic light options. The traffic light option is an innovative structured OTC derivative developed independently by several London-based investment banks to suit the needs of Danish life and pension (L&P) companies, which must comply with the traffic...... 2006, and supervisory authorities in many other European countries have implemented similar regulation. Traffic light options are therefore likely to attract the attention of a wider audience of pension fund managers in the future. Focusing on the valuation of the traffic light option we set up a Black...... light scenarios. These stress scenarios entail drops in interest rates as well as in stock prices, and traffic light options are thus designed to pay off and preserve sufficient capital when interest rates and stock prices fall simultaneously. Sweden's FSA implemented a traffic light system in January...

Traffic Light Options

DEFF Research Database (Denmark)

Jørgensen, Peter Løchte

2007-01-01

This paper introduces, prices, and analyzes traffic light options. The traffic light option is an innovative structured OTC derivative developed independently by several London-based investment banks to suit the needs of Danish life and pension (L&P) companies, which must comply with the traffic...... 2006, and supervisory authorities in many other European countries have implemented similar regulation. Traffic light options are therefore likely to attract the attention of a wider audience of pension fund managers in the future. Focusing on the valuation of the traffic light option we set up a Black...... light scenarios. These stress scenarios entail drops in interest rates as well as in stock prices, and traffic light options are thus designed to pay off and preserve sufficient capital when interest rates and stock prices fall simultaneously. Sweden's FSA implemented a traffic light system in January...

The origins of options.

Science.gov (United States)

Smaldino, Paul E; Richerson, Peter J

2012-01-01

Most research on decision making has focused on how human or animal decision makers choose between two or more options, posed in advance by the researchers. The mechanisms by which options are generated for most decisions, however, are not well understood. Models of sequential search have examined the trade-off between continued exploration and choosing one's current best option, but still cannot explain the processes by which new options are generated. We argue that understanding the origins of options is a crucial but untapped area for decision making research. We explore a number of factors which influence the generation of options, which fall broadly into two categories: psycho-biological and socio-cultural. The former category includes factors such as perceptual biases and associative memory networks. The latter category relies on the incredible human capacity for culture and social learning, which doubtless shape not only our choices but the options available for choice. Our intention is to start a discussion that brings us closer toward understanding the origins of options.

30 CFR 90.3 - Part 90 option; notice of eligibility; exercise of option.

Science.gov (United States)

2010-07-01

... 30 Mineral Resources 1 2010-07-01 2010-07-01 false Part 90 option; notice of eligibility; exercise of option. 90.3 Section 90.3 Mineral Resources MINE SAFETY AND HEALTH ADMINISTRATION, DEPARTMENT OF... DEVELOPMENT OF PNEUMOCONIOSIS General § 90.3 Part 90 option; notice of eligibility; exercise of option. (a...

75 FR 52378 - International Product Change-United States Postal Service Inbound Market-Dominant Multi-Service...

Science.gov (United States)

2010-08-25

... POSTAL SERVICE International Product Change--United States Postal Service Inbound Market-Dominant... Inbound Market-Dominant Multi- Service Agreements to the Market-Dominant Products List pursuant to 39 U.S... the Postal Regulatory Commission to Add Market-Dominant Multi-Service Agreements with Foreign Postal...

Mitigation options for the industrial sector in Egypt

Energy Technology Data Exchange (ETDEWEB)

Gelil, I.A.; El-Touny, S.; Korkor, H. [Organization for Energy Conservation and Planning (OECP), Cairo (Egypt)

1996-12-31

Though its contribution to the global Greenhouse gases emission is relatively small, Egypt has signed and ratified the United Nations Framework Convention on Climate Change (UN FCCC) and has been playing an active role in the international efforts to deal with such environmental challenges. Energy efficiency has been one of the main strategies that Egypt has adopted to improve environmental quality and enhance economic competitiveness. This paper highlights three initiatives currently underway to improve energy efficiency of the Egyptian industry. The first is a project that has been recently completed by OECP to assess potential GHG mitigation options available in Egypt`s oil refineries. The second initiative is an assessment of GHG mitigation potential in the Small and Medium size Enterprises (SME) in the Mediterranean city of Alexandria. The third one focuses on identifying demand side management options in some industrial electricity consumers in the same city.

Economy of conservation options in the industry and the built environment. Part 1

International Nuclear Information System (INIS)

1994-03-01

To determine the optimal situation for the energy supply in the working area of the IJsselmij and Sep the study on the title subject was carried out. To influence the energy demand demand-side management (DSM) as part of integrated resource planning (IRP) is applied. Several scenarios to determine whether new production capacity must be installed or conservation options and activities should be realized are elaborated and calculated by means of the COMPASS model. E3T compiled input data for the demand-side of the model: energy consumption and energy conservation, investment cost and operational cost per user, number of installations and the development of the penetration of the conservation options between 1990 and 2010, and required subsidies and promotional costs of the IJsselmij to introduce such options. The economics of the energy conservation options are given in chapter 2. Six of the options were selected and elaborated in detail in a separate publication (part 2): coverage of cooling and freezing equipment at night, frequency control of electric motors, decentralized heat production by means of advanced burners, indoor climate control in the built environment, reflectors for TL-lighting systems in the built environment, and behavioral change in industrial companies. 2 figs., 7 tabs., 7 refs., 4 appendices

Unit: Electric Circuits, Inspection Pack, National Trial Print.

Science.gov (United States)

Australian Science Education Project, Toorak, Victoria.

As a part of the unit materials in the series produced by the Australian Science Education Project, this teacher edition is primarily composed of a core relating to simple circuits, a test form, and options. Options are given under the headings: Your Invention; "How Long Does a Call Last?"; One, Two, Three Wires; Parallel Circuits; More…

Electricity market risk management using forward contracts with bilateral options

International Nuclear Information System (INIS)

Chung, T.S.; Yu, C.W.; Wong, K.P.; Zhang, S.H.

2003-01-01

Extreme short-term price volatility in competitive electricity markets creates the need for risk management arrangements. A new electricity forward contract with bilateral financial options is introduced, which allows both seller and buyer to take advantage of flexibility in generation and consumption to obtain monetary benefits while simultaneously removing the risk of market price fluctuations. The option theory is incorporated to formulate the contract price. The strike prices of options are derived from solving an equilibrium model in which both the buyer and the seller aim to maximise their own profit. Theoretical analysis shows that the proposed optional forward contract presents a more equitable and reasonable payoff structure that allows the buyer and seller to earn a larger overall expected benefit, and the contractual arrangement supports efficiency in economic dispatch of electricity production and consumption. The insights obtained from these results will be helpful to participants in the contractual decision-making process. (Author)

FAMILY UNIT PRODUCTION AS ALTERNATIVE TO IMPROVE THE ETHNIC YAQUI FOOD SECURITY IN VICAM, SONORA, MÉXICO

Directory of Open Access Journals (Sweden)

A. Guillermo Ramírez-García

2015-07-01

Full Text Available The family production unit is a strategy that has Ethnicity Yaqui population for food production at low cost and thus achieve the food sovereignty. This work was carried out in Vicam, where 41 surveys were applied to household which were selected through cooperation of their occupants. The main results indicate that food sovereignty concept is unknow from daily life population in the region; partly, because food production in the region is reduced; besides weather, market and social factors that prevent it. In addition, the family production unit is not a common element among families. However, there are some homes with some spaces, although small ones, for food production and families obtain, in certain seasons, some grains and some vegetables.

A short review on SSF – an interesting process option for ethanol production from lignocellulosic feedstocks

Directory of Open Access Journals (Sweden)

Bertilsson Magnus

2008-05-01

Full Text Available Abstract Simultaneous saccharification and fermentation (SSF is one process option for production of ethanol from lignocellulose. The principal benefits of performing the enzymatic hydrolysis together with the fermentation, instead of in a separate step after the hydrolysis, are the reduced end-product inhibition of the enzymatic hydrolysis, and the reduced investment costs. The principal drawbacks, on the other hand, are the need to find favorable conditions (e.g. temperature and pH for both the enzymatic hydrolysis and the fermentation and the difficulty to recycle the fermenting organism and the enzymes. To satisfy the first requirement, the temperature is normally kept below 37°C, whereas the difficulty to recycle the yeast makes it beneficial to operate with a low yeast concentration and at a high solid loading. In this review, we make a brief overview of recent experimental work and development of SSF using lignocellulosic feedstocks. Significant progress has been made with respect to increasing the substrate loading, decreasing the yeast concentration and co-fermentation of both hexoses and pentoses during SSF. Presently, an SSF process for e.g. wheat straw hydrolyzate can be expected to give final ethanol concentrations close to 40 g L-1 with a yield based on total hexoses and pentoses higher than 70%.

Options with Extreme Strikes

Directory of Open Access Journals (Sweden)

Lingjiong Zhu

2015-07-01

Full Text Available In this short paper, we study the asymptotics for the price of call options for very large strikes and put options for very small strikes. The stock price is assumed to follow the Black–Scholes models. We analyze European, Asian, American, Parisian and perpetual options and conclude that the tail asymptotics for these option types fall into four scenarios.

Entropy dynamics in cone production of longleaf pine forests in the southeastern United States

Science.gov (United States)

Xiongwen Chen; Dale G. Brockway; Qinfeng Guo

2016-01-01

Sporadic temporal patterns of seed production are a challenge for the regeneration and restoration of longleaf pine, which is a keystone component of an endangered ecosystem in the southeastern United States. In this study, long-term data for longleaf pine cone production, collected at six sites across the southeastern region, was examined from the perspective of...

Treatment Options for Retinoblastoma

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... or in other places in the body. Treatment Option Overview Key Points There are different types of ...

Impact of Expanded North Slope of Alaska Crude Oil Production on Crude Oil Flows in the Contiguous United States

Energy Technology Data Exchange (ETDEWEB)

DeRosa, Sean E. [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Flanagan, Tatiana Paz [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States)

2017-05-01

The National Transportation Fuels Model was used to simulate a hypothetical increase in North Slope of Alaska crude oil production. The results show that the magnitude of production utilized depends in part on the ability of crude oil and refined products infrastructure in the contiguous United States to absorb and adjust to the additional supply. Decisions about expanding North Slope production can use the National Transportation Fuels Model take into account the effects on crude oil flows in the contiguous United States.

Polish Toxic Currency Options

Directory of Open Access Journals (Sweden)

Waldemar Gontarski

2009-06-01

Full Text Available Toxic currency options are defined on the basis of the opposition to the nature (essence of an option contract, which is justified in terms of norms founded on the general law clause of characteristics (nature of a relation (which represents an independent premise for imposing restrictions on the freedom of contracts. So-understood toxic currency options are unlawful. Indeed they contravene iuris cogentis regulations. These include for instance option contracts, which are concluded with a bank, if the bank has not informed about option risk before concluding the contract; or the barrier options, which focus only on the protection of bank’s interests. Therefore, such options may appear to be invalid. Therefore, performing contracts for toxic currency options may be qualified as a criminal mismanagement. For the sake of security, the manager should then take into consideration filing a claim for stating invalidity (which can be made in a court verdict. At the same time, if the supervisory board member in a commercial company, who can also be a subject to mismanagement offences, commits an omission involving lack of reaction (for example, if he/she fails to notify of the suspected offence committed by the management board members acting to the company’s detriment when the management board makes the company conclude option contracts which are charged with absolute invalidity the supervisory board member so acting may be considered to act to the company’s detriment. In the most recent Polish jurisprudence and judicature the standard of a “good host” is treated to be the last resort for determining whether the manager’s powers resulting from criminal regulations were performed. The manager of the exporter should not, as a rule, issue any options. Issuing options always means assuming an obligation. In the case of currency put options it is an absolute obligation to purchase a given amount in euro at exchange rate set in advance. On the

A facilitated process towards finding options for improved livestock ...

African Journals Online (AJOL)

A participatory multi-stakeholder process of finding options for improving livestock production in the severely degraded communal grazing area of Sterkspruit in South Africa was conducted. Interviews were conducted with individual livestock keepers from two sites to gather data on their demographic characteristics, ...

Technology assessment of various coal-fuel options

International Nuclear Information System (INIS)

Coenen, R.; Findling, B.; Klein-Vielhauer, S.; Nieke, E.; Paschen, H.; Tangen, H.; Wintzer, D.

1991-01-01

The technology assessment (TA) study of coal-based fuels presented in this report was performed for the Federal Ministry for Research and Technology. Its goal was to support decision-making of the Federal Ministry for Research and Technology in the field of coal conversion. Various technical options of coal liquefaction have been analyzed on the basis of hard coal as well as lignite -- direct liquefaction of coal (hydrogenation) and different possibilities of indirect liquefaction, that is the production of fuels (methanol, gasoline) by processing products of coal gasification. The TA study takes into consideration the entire technology chain from coal mining via coal conversion to the utilization of coal-based fuels in road transport. The analysis focuses on costs of the various options, overall economic effects, which include effects on employment and public budgets, and on environmental consequences compared to the use of liquid fuels derived from oil. Furthermore, requirements of infrastructure and other problems of the introduction of coal-based fuels as well as prospects for the export of technologies of direct and indirect coal liquefaction have been analyzed in the study. 14 figs., 10 tabs

9 CFR 590.900 - Requirements for importation of egg products or restricted eggs into the United States.

Science.gov (United States)

2010-01-01

... 9 Animals and Animal Products 2 2010-01-01 2010-01-01 false Requirements for importation of egg products or restricted eggs into the United States. 590.900 Section 590.900 Animals and Animal Products FOOD SAFETY AND INSPECTION SERVICE, DEPARTMENT OF AGRICULTURE EGG PRODUCTS INSPECTION INSPECTION OF...

Surgical options for lumbosacral fusion: biomechanical stability, advantage, disadvantage and affecting factors in selecting options.

Science.gov (United States)

Yoshihara, Hiroyuki

2014-07-01

Numerous surgical procedures and instrumentation techniques for lumbosacral fusion (LSF) have been developed. This is probably because of its high mechanical demand and unique anatomy. Surgical options include anterior column support (ACS) and posterior stabilization procedures. Biomechanical studies have been performed to verify the stability of those options. The options have their own advantage but also disadvantage aspects. This review article reports the surgical options for lumbosacral fusion, their biomechanical stability, advantages/disadvantages, and affecting factors in option selection. Review of literature. LSF has lots of options both for ACS and posterior stabilization procedures. Combination of posterior stabilization procedures is an option. Furthermore, combinations of ACS and posterior stabilization procedures are other options. It is difficult to make a recommendation or treatment algorithm of LSF from the current literature. However, it is important to know all aspects of the options and decision-making of surgical options for LSF needs to be tailored for each patient, considering factors such as biomechanical stress and osteoporosis.

TANK SPACE OPTIONS REPORT

International Nuclear Information System (INIS)

Willis, W.L.; Ahrendt, M.R.

2009-01-01

Since this report was originally issued in 2001, several options proposed for increasing double-shell tank (DST) storage space were implemented or are in the process of implementation. Changes to the single-shell tank (SST) waste retrieval schedule, completion of DST space saving options, and the DST space saving options in progress have delayed the projected shortfall of DST storage space from the 2007-2011 to the 2018-2025 timeframe (ORP-11242, River Protection Project System Plan). This report reevaluates options from Rev. 0 and includes evaluations of new options for alleviating projected restrictions on SST waste retrieval beginning in 2018 because of the lack of DST storage space.

Green Power Marketing in the United States: A Status Report (Ninth Edition)

Energy Technology Data Exchange (ETDEWEB)

Bird, L.; Swezey, B.

2006-11-01

Voluntary consumer decisions to purchase electricity supplied by renewable energy sources represent a powerful market support mechanism for renewable energy development. Beginning in the early 1990s, a small number of U.S. utilities began offering ''green power'' options to their customers. Since then, these products have become more prevalent, both from traditional utilities and from marketers operating in states that have introduced competition into their retail electricity markets. Today, more than half of all U.S. consumers have an option to purchase some type of green power product from a retail electricity provider. Currently, more than 600 utilities, or about 20% of utilities nationally, offer green power programs to customers. These programs allow customers to purchase some portion of their power supply as renewable energy--almost always at a higher price--or to contribute funds for the utility to invest in renewable energy development. The term ''green pricing'' is typically used to refer to these utility programs offered in regulated or noncompetitive electricity markets. This report documents green power marketing activities and trends in the United States.

High-Resolution Water Footprints of Production of the United States

Science.gov (United States)

Marston, Landon; Ao, Yufei; Konar, Megan; Mekonnen, Mesfin M.; Hoekstra, Arjen Y.

2018-03-01

The United States is the largest producer of goods and services in the world. Rainfall, surface water supplies, and groundwater aquifers represent a fundamental input to economic production. Despite the importance of water resources to economic activity, we do not have consistent information on water use for specific locations and economic sectors. A national, spatially detailed database of water use by sector would provide insight into U.S. utilization and dependence on water resources for economic production. To this end, we calculate the water footprint of over 500 food, energy, mining, services, and manufacturing industries and goods produced in the United States. To do this, we employ a data intensive approach that integrates water footprint and input-output techniques into a novel methodological framework. This approach enables us to present the most detailed and comprehensive water footprint analysis of any country to date. This study broadly contributes to our understanding of water in the U.S. economy, enables supply chain managers to assess direct and indirect water dependencies, and provides opportunities to reduce water use through benchmarking. In fact, we find that 94% of U.S. industries could reduce their total water footprint more by sourcing from more water-efficient suppliers in their supply chain than they could by converting their own operations to be more water-efficient.

Preliminary safety analysis of a PBMR supplying process heat to a co-located ethylene production plant

International Nuclear Information System (INIS)

Scarlat, Raluca O.; Cisneros, Anselmo T.; Koutchesfahani, Tawni; Hong, Rada; Peterson, Per F.

2012-01-01

This paper considers the safety analysis and licensing approach for co-locating a pebble bed modular reactor (PBMR) to provide process heat to an ethylene production unit. The PBMR is an advanced nuclear reactor design that provides 400 MW of thermal energy. Ethylene production is an energy intensive process that utilizes large gas furnaces to provide the heat for the process. Coupling a PBMR with an ethylene production plant would open a new market for nuclear power, and would provide the chemical industry with a cleaner power source, helping to achieve the Clean Air Act standards, and eliminating the 0.5 ton of CO 2 emissions per ton of produced ethylene. Our analysis uses the Chevron Phillips chemical plant in Sweeney, TX as a prototypical site. The plant has four ethylene production trains, with a total power consumption of 2.4 GW, for an ethylene output of 3.7 million tons per year, 4% of the global ethylene production capacity. This paper proposes replacement of the gas furnaces by low-emission PBMR modules, and presents the safety concerns and risk mitigation and management options for this coupled system. Two coupling design options are proposed, and the necessary changes to the design basis events and severe accidents for the PBMR licensing application are discussed. A joint effort between the chemical and the nuclear entities to optimize the coupling design, establish preventive maintenance procedures, and develop emergency response plans for both of the units is recommended.

Preliminary safety analysis of a PBMR supplying process heat to a co-located ethylene production plant

Energy Technology Data Exchange (ETDEWEB)

Scarlat, Raluca O., E-mail: rscarlat@nuc.berkeley.edu [University of California Berkeley, Nuclear Engineering, 4118 Etcheverry Hall, Berkeley, CA 94720 (United States); Cisneros, Anselmo T. [University of California Berkeley, Nuclear Engineering, 4118 Etcheverry Hall, Berkeley, CA 94720 (United States); Koutchesfahani, Tawni [University of California, Chemical and Biomolecular Engineering, 201 Gilman Hall, Berkeley, CA 94720 (United States); Hong, Rada; Peterson, Per F. [University of California Berkeley, Nuclear Engineering, 4118 Etcheverry Hall, Berkeley, CA 94720 (United States)

2012-10-15

This paper considers the safety analysis and licensing approach for co-locating a pebble bed modular reactor (PBMR) to provide process heat to an ethylene production unit. The PBMR is an advanced nuclear reactor design that provides 400 MW of thermal energy. Ethylene production is an energy intensive process that utilizes large gas furnaces to provide the heat for the process. Coupling a PBMR with an ethylene production plant would open a new market for nuclear power, and would provide the chemical industry with a cleaner power source, helping to achieve the Clean Air Act standards, and eliminating the 0.5 ton of CO{sub 2} emissions per ton of produced ethylene. Our analysis uses the Chevron Phillips chemical plant in Sweeney, TX as a prototypical site. The plant has four ethylene production trains, with a total power consumption of 2.4 GW, for an ethylene output of 3.7 million tons per year, 4% of the global ethylene production capacity. This paper proposes replacement of the gas furnaces by low-emission PBMR modules, and presents the safety concerns and risk mitigation and management options for this coupled system. Two coupling design options are proposed, and the necessary changes to the design basis events and severe accidents for the PBMR licensing application are discussed. A joint effort between the chemical and the nuclear entities to optimize the coupling design, establish preventive maintenance procedures, and develop emergency response plans for both of the units is recommended.

Wood Products Other Building Materials Used in New Residential Construction in the United States

Science.gov (United States)

David B. McKeever; Joe Elling

2015-01-01

On average, new residential construction accounts for about one-third of all wood products consumed in the United States annually. During periods of robust housing activity, 45% or more of all wood products consumed are for new single-family and multifamily housing. This can fall to as low as 20% or less during times of economic recession. Unfortunately, 2012 was not...

Sustainability of egg production in the United States--the policy and market context.

Science.gov (United States)

Mench, J A; Sumner, D A; Rosen-Molina, J T

2011-01-01

The US egg industry is being pressured from many directions to change its production practices, particularly to address concerns about hen welfare in conventional cage systems. Responding to similar pressures, in 1999, the European Union banned conventional laying cages starting in 2012. This now impending European ban has led to the development of several alternative housing systems. These include noncage systems like aviaries and modified (enriched or furnished) cages that include perches, areas in which the hens can forage and dustbathe, and nests. Understanding the European experience is valuable as the United States considers the future direction of the egg industry. In the United States, the proportion of eggs produced in alternative systems is small (less than 5% of output) but growing, in part due to market and political incentives for systems that provide hens with more behavioral freedom than conventional cages. Animal welfare, however, is only one element of a sustainable production system. Other elements include those related to public values, the environment, economics, worker health, and food safety and quality. Eggs are a primary source of animal protein globally, and the United States is the third largest producer of eggs in the world, behind China and the European Union. The national table egg flock comprises about 280 million hens housed in all regions but with approximately 60% of eggs produced in the 10 leading states. Adopting new housing systems will have substantial effects on costs and other aspects of egg production on both a regional and national scale, with some positive effects but also potential negative effects that need to be carefully considered. This paper discusses the US egg industry in the context of legislation and standards related to hen housing systems. It also addresses initiatives by retailers, nongovernmental organizations, and private certification organizations to shape production practices in the egg industry as well as

Dynamique jointe stock/option et application aux stratégies de trading sur options

OpenAIRE

El Aoud , Sofiene

2015-01-01

This thesis explores theoretically and empirically the implications of the stock/option joint dynamics on applications related to option trading. In the first part of the thesis, we look into the relations between stock options and index options under the risk-neutral measure. The Capital Asset Pricing Model offers an adequate mathematical framework for this study as it provides a modeling approach for the joint dynamics between the stock and the index. As we compute option prices according t...

Utilization of agricultural waste in power production

Energy Technology Data Exchange (ETDEWEB)

Clausen, J.C. [ELSAMPROJEKT A/S, Fredericia (Denmark); Rasmussen, I. [MIDTKRAFT Power Co., Aarhus (Denmark)

1993-12-31

It is a goal of the Danish energy policy for the last decade to reduce energy consumption and to introduce fuels for power production with less CO{sub 2} emission than coal. This measure has caused a considerable effort by the Danish utilities to develop technologies that reduce CO{sub 2} emissions without causing heavy cost increases of power. Agricultural waste in the form of surplus straw is available in an amount equivalent to 20% of the annual coal imports to Denmark. Straw firing is difficult due to its significant contents of alkaline components. Consequently, its utilization presupposes the development of new technologies. The biomass development program is concentrated on two ways which are (1) co-firing of existing coal fired power station with a modest amount of straw and (2) development of CFB technology that allows a high share of biomass as well as coal only. These options were tested in a coal fired 70 MW spreader stoker unit and a 125 MW PF unit. Approx. 4000 t of straw were burned. Additional tests will be launched this autumn, burning 35,000 t of straw at rates up to 20% straw. The CFB option is pursued from the platform of a 80 MWth unit, operational early `92. This plant burns a mix of 50% straw and 50% coal and consumes annually 70.000 t of straw. Future development is aiming towards CFBs of 250 MW(e), burning in excess of 50% biomass.

Assessing the Option to Abandon an Investment Project by the Binomial Options Pricing Model

Directory of Open Access Journals (Sweden)

Salvador Cruz Rambaud

2016-01-01

Full Text Available Usually, traditional methods for investment project appraisal such as the net present value (hereinafter NPV do not incorporate in their values the operational flexibility offered by including a real option included in the project. In this paper, real options, and more specifically the option to abandon, are analysed as a complement to cash flow sequence which quantifies the project. In this way, by considering the existing analogy with financial options, a mathematical expression is derived by using the binomial options pricing model. This methodology provides the value of the option to abandon the project within one, two, and in general n periods. Therefore, this paper aims to be a useful tool in determining the value of the option to abandon according to its residual value, thus making easier the control of the uncertainty element within the project.

Forecasting with Option-Implied Information

DEFF Research Database (Denmark)

Christoffersen, Peter; Jacobs, Kris; Chang, Bo Young

2013-01-01

This chapter surveys the methods available for extracting information from option prices that can be used in forecasting. We consider option-implied volatilities, skewness, kurtosis, and densities. More generally, we discuss how any forecasting object that is a twice differentiable function...... of the future realization of the underlying risky asset price can utilize option-implied information in a well-defined manner. Going beyond the univariate option-implied density, we also consider results on option-implied covariance, correlation and beta forecasting, as well as the use of option......-implied information in cross-sectional forecasting of equity returns. We discuss how option-implied information can be adjusted for risk premia to remove biases in forecasting regressions....

Urban Options Solar Greenhouse Demonstration Project. Final report

Energy Technology Data Exchange (ETDEWEB)

Cipparone, L.

1980-10-15

The following are included: the design process, construction, thermal performance, horticulture, educational activities, and future plans. Included in appendices are: greenhouse blueprints, insulating curtain details, workshop schedules, sample data forms, summary of performance calculations on the Urban Options Solar Greenhouse, data on vegetable production, publications, news articles on th Solar Greenhouse Project, and the financial statement. (MHR)

CO₂-mitigation options for the offshore oil and gas sector

DEFF Research Database (Denmark)

Nguyen, Tuong-Van; Tock, Laurence; Breuhaus, Peter

2016-01-01

, using thermodynamic, economic and environmental indicators. The results indicate the benets of all these options, as the total CO2-emissions can be reduced by more than 15% in all cases, while the avoidance costs vary widely and are highly sensitive to the natural gas price and CO2-tax.......-effcient and environmental-friendly solutions, of which three are assessed in this paper: (i) the implementation of waste heat recovery, (ii) the installation of a CO2-capture unit and (iii) the platform electrication. A North Sea platform is taken as casestudy, and these three options are modelled, analysed and compared...

Cooling tower performance improvements for a cycling PC-fired unit

International Nuclear Information System (INIS)

Keckritz, M.; Thelen, A.

1997-01-01

The inevitable deregulation of the electric utility industry has caused many electric utility companies to look closely at their existing assets and predict what role these units will play in the future. Reducing a unit's production cost is the best way to prepare for the deregulated market but this benefit often comes with an associated capital expenditure. Spending capital dollars today can pose a quandary for an investor-owned utility committed to maintaining low consumer rates. The dilemma is: How does a utility improve its competitiveness position today while ensuring that the shareholders are getting a fair return on their investment when any fuel savings are passed through to the consumer? Illinois Power (IP) has been aggressively looking to improve their current competitive position while facing the current regulatory challenges. Studies have been commissioned to identify the most attractive cost reduction opportunities available. One study identified that improving the performance of the Unit 6 cooling tower at the Havana Station would be a very economically attractive option. This paper addresses the economics of refurbishing a cooling tower for a cycling pulverized-coal (PC) unit to provide a competitive advantage leading into the deregulated electricity market

A real option-based simulation model to evaluate investments in pump storage plants

International Nuclear Information System (INIS)

Muche, Thomas

2009-01-01

Investments in pump storage plants are expected to grow especially due to their ability to store an excess of supply from wind power plants. In order to evaluate these investments correctly the peculiarities of pump storage plants and the characteristics of liberalized power markets have to be considered. The main characteristics of power markets are the strong power price volatility and the occurrence of prices spikes. In this article a valuation model is developed capturing these aspects using power price simulation, optimization of unit commitment and capital market theory. This valuation model is able to value a future price-based unit commitment planning that corresponds to future scope of actions also called real options. The resulting real option value for the pump storage plant is compared with the traditional net present value approach. Because this approach is not able to evaluate scope of actions correctly it results in strongly smaller investment values and forces wrong investment decisions.

How can we improve biomethane production per unit of feedstock in biogas plants?

International Nuclear Information System (INIS)

Asam, Zaki-ul-Zaman; Poulsen, Tjalfe Gorm; Nizami, Abdul-Sattar; Rafique, Rashad; Kiely, Ger; Murphy, Jerry D.

2011-01-01

Biogas production is one of the number of tools that may be used to alleviate the problems of global warming, energy security and waste management. Biogas plants can be difficult to sustain from a financial perspective. The facilities must be financially optimized through use of substrates with high biogas potential, low water content and low retention requirement. This research carried out in laboratory scale batch digesters assessed the biogas potential of energy crops (maize and grass silage) and solid manure fractions from manure separation units. The ultimate methane productivity in terms of volatile solids (VS) was determined as 330, 161, 230, 236, 361 L/kg VS from raw pig slurry, filter pressed manure fiber (FPMF), chemically precipitated manure fiber (CPMF), maize silage and grass silage respectively. Methane productivity based on mass (L/kg substrate) was significantly higher in FPMF (55 L/kg substrate), maize silage (68 L/kg substrate) and grass silage (45-124 L/kg substrate (depending on dry solids of feedstock)) as in comparison to raw pig slurry (10 L/kg substrate). The use of these materials as co-substrates with raw pig slurry will increase significantly the biomethane yield per unit feedstock in the biogas plant.

Counter flow induced draft cooling tower option for supercritical carbon dioxide Brayton cycle

Energy Technology Data Exchange (ETDEWEB)

Pidaparti, Sandeep R., E-mail: sandeep.pidaparti@gmail.com [Georgia Institute of Technology, George W. Woodruff School of Mechanical Engineering, Atlanta, GA 30332 (United States); Moisseytsev, Anton; Sienicki, James J. [Argonne National Laboratory, 9700 South Cass Avenue, Argonne, IL 60439 (United States); Ranjan, Devesh, E-mail: devesh.ranjan@me.gatech.edu [Georgia Institute of Technology, George W. Woodruff School of Mechanical Engineering, Atlanta, GA 30332 (United States)

2015-12-15

Highlights: • A code was developed to investigate the various aspects of using cooling tower for S-CO{sub 2} Brayton cycles. • Cooling tower option to reject heat is quantitatively compared to the direct water cooling and dry air cooling options. • Optimum water conditions resulting in minimal plant capital cost per unit power consumption are calculated. - Abstract: A simplified qualitative analysis was performed to investigate the possibility of using counter flow induced draft cooling tower option to reject heat from the supercritical carbon dioxide Brayton cycle for advanced fast reactor (AFR)-100 and advanced burner reactor (ABR)-1000 plants. A code was developed to estimate the tower dimensions, power and water consumption, and to perform economic analysis. The code developed was verified against a vendor provided quotation and is used to understand the effect of ambient air and water conditions on the design of cooling tower. The calculations indicated that there exists optimum water conditions for given ambient air conditions which will result in minimum power consumption, thereby increasing the cycle efficiency. A cost-based optimization technique is used to estimate the optimum water conditions which will improve the overall plant economics. A comparison of different cooling options for the S-CO{sub 2} cycle indicated that the cooling tower option is a much more practical and economical option compared to the dry air cooling or direct water cooling options.

Characterization of atmospheric emissions of a radiopharmaceutical' s production unit

Energy Technology Data Exchange (ETDEWEB)

Siqueira, Gessilane M.; Barreto, Alberto A.; Maletta, Paulo G.M.; Alves, Thaís A.N., E-mail: gessilane.siqueira@cdtn.br, E-mail: aab@cdtn.br, E-mail: pgmm@cdtn.br, E-mail: aryadnenasc@gmail.com [Centro de Desenvolvimento da Tecnologia Nuclear (CDTN/CNEN-MG), Belo Horizonte - MG (Brazil)

2017-07-01

Cyclotrons are radiative facilities capable of synthesizing radioisotopes that will be used for the production of radiopharmaceuticals. The increasing use of these substances in diagnostic therapies and procedures in nuclear medicine implies the need to increase the production of radiopharmaceuticals. In this context, it is fundamental, from the point of view of environmental radioprotection, to characterize atmospheric emissions from this type of production, in order to make feasible studies of radiological impacts, especially with a view to human health and environmental preservation. It is premise that facilities must ensure the radiological safety of exposed individuals through the control of discharges into the environment. This work aims to characterize the atmospheric emissions behavior of a Radiopharmaceutical Research and Production Unit (RRPU). The emission data for the radionuclides C-11, F-18, and N-13, associated to the production of radiopharmaceuticals ({sup 18}F-FES, {sup 18}F-FDG, {sup 18}FCOL, {sup 18}F-FLT, Na{sup 18}F) during the year 2016 were analyzed. Emissions data are collected every 10 seconds from a sensor installed in the unit's exhaust system. The pre-processing of these data was done by spreadsheets (Excel®) and exported to a statistical package (Minitab16®) to characterize the behavior of these emissions. The results of this study aim to contribute: to the study of atmospheric dispersion of radionuclides in the region of interest; to evaluate the operational control measures of the investigated facility; and to evaluate the radiological impacts in the region neighboring the facility. This methodology has been used in atmospheric dispersion modeling studies in the RRPU and the results showed that the annual doses from the emissions are within the limits established by the radioprotection norms of the Brazilian National Nuclear Energy Commission. Additionally, it is believed that the information generated in this study

Gender Differences in Publication Productivity Among Academic Urologists in the United States.

Science.gov (United States)

Mayer, Erik N; Lenherr, Sara M; Hanson, Heidi A; Jessop, Terry C; Lowrance, William T

2017-05-01

To describe the publication productivity of academic urologists in the United States by gender. Gender inequality is prevalent in most surgical subspecialties, including urology. Despite small numbers of women in academic positions, differences in scholarly impact by gender are relatively unknown. We assembled a list of 1922 academic urologists (1686 men (87.7%), 236 women (12.3%)) at 124 academic institutions throughout the United States as of February 2016. Scopus and Google Scholar were queried for bibliometric data on each individual, including h-index and m-quotient. We analyzed these metrics for both genders by educational background, subspecialty, National Institutes of Health funding, and academic rank. Men had higher median h-indices than women overall (P productivity by successive rank after controlling for career duration (m-quotient). Women were more likely to choose a practice that specialized in pediatric urology or female urology/pelvic reconstructive surgery than their male counterparts (P advancement such as lack of mentorship or discriminatory policies may help pioneering female urologists as they progress in their careers. Copyright © 2017. Published by Elsevier Inc.

Option price and market instability

Science.gov (United States)

Baaquie, Belal E.; Yu, Miao

2017-04-01

An option pricing formula, for which the price of an option depends on both the value of the underlying security as well as the velocity of the security, has been proposed in Baaquie and Yang (2014). The FX (foreign exchange) options price was empirically studied in Baaquie et al., (2014), and it was found that the model in general provides an excellent fit for all strike prices with a fixed model parameters-unlike the Black-Scholes option price Hull and White (1987) that requires the empirically determined implied volatility surface to fit the option data. The option price proposed in Baaquie and Cao Yang (2014) did not fit the data during the crisis of 2007-2008. We make a hypothesis that the failure of the option price to fit data is an indication of the market's large deviation from its near equilibrium behavior due to the market's instability. Furthermore, our indicator of market's instability is shown to be more accurate than the option's observed volatility. The market prices of the FX option for various currencies are studied in the light of our hypothesis.

Efficient Trajectory Options Allocation for the Collaborative Trajectory Options Program

Science.gov (United States)

Rodionova, Olga; Arneson, Heather; Sridhar, Banavar; Evans, Antony

2017-01-01

The Collaborative Trajectory Options Program (CTOP) is a Traffic Management Initiative (TMI) intended to control the air traffic flow rates at multiple specified Flow Constrained Areas (FCAs), where demand exceeds capacity. CTOP allows flight operators to submit the desired Trajectory Options Set (TOS) for each affected flight with associated Relative Trajectory Cost (RTC) for each option. CTOP then creates a feasible schedule that complies with capacity constraints by assigning affected flights with routes and departure delays in such a way as to minimize the total cost while maintaining equity across flight operators. The current version of CTOP implements a Ration-by-Schedule (RBS) scheme, which assigns the best available options to flights based on a First-Scheduled-First-Served heuristic. In the present study, an alternative flight scheduling approach is developed based on linear optimization. Results suggest that such an approach can significantly reduce flight delays, in the deterministic case, while maintaining equity as defined using a Max-Min fairness scheme.

Multi-criteria evaluation for CHP system options

International Nuclear Information System (INIS)

Pilavachi, P.A.; Roumpeas, C.P.; Minett, S.; Afgan, N.H.

2006-01-01

Several Combined Heat and Power (CHP) system options have been considered for evaluation with respect to the end-user requirements. These included Internal Combustion Engines (Otto and Diesel), Gas Turbines, Steam Turbines and Combined Cycles covering a wide range of electrical output. Data have been obtained from literature and the CHP systems have been evaluated using different criteria such as overall efficiency, investment cost, fuel cost, electricity cost, heat cost, CO 2 production and footprint. A multi-criteria method is used with an agglomeration function based on the statistical evaluation of weight factors. The technical, economic and social aspects of each system have been evaluated in an integrated manner and the results have been compared by means of the Sustainability Index. Based on the above criteria and depending on the user requirements, the best CHP system options have been established

78 FR 37584 - U.S. Steel Tubular Products, Inc., Mckeesport Tubular Operations Division, Subsidiary of United...

Science.gov (United States)

2013-06-21

... make the following certification: All workers of U.S. Steel Tubular Products, McKeesport Tubular... Products, Inc., Mckeesport Tubular Operations Division, Subsidiary of United States Steel Corporation, Mckeesport, Pennsylvania; Notice of Amended Certification Pursuant to Section 221 of the Trade Act of 1974...

Asymmetric Exchange Rate Exposures: A Search for the Effect of Real Options

DEFF Research Database (Denmark)

Aabo, Tom

2001-01-01

Real options like the ability to reallocate production resources can lead to an asymmetric exchange rate exposure. Using a stock market approach in which the exchange rate exposure is derived from the information content in the stock prices this study examines the extra-market exchange rate...... exposures of a group of blue chip, industrial companies listed on the Copenhagen Stock Exchange. In these companies the existence of real options is an integrated part of the exchange rate exposure management process. The result of the stock market approach is mixed. Statistically significant asymmetric...... exchange rate exposures are identified successfully but the asymmetries can only to a limited extent be explained by the existence of real options. Financial options and pricing to market are competing explanations. Omitted variable bias further blurs the picture. These problems and the concept of path...

Carbon dioxide removal and tradeable put options at scale

Science.gov (United States)

Lockley, Andrew; Coffman, D.’Maris

2018-05-01

Options are derivative contracts that give the purchaser the right to buy (call options) or sell (put options) a given underlying asset at a particular price at a future date. The purchaser of a put option may exercise the right to sell the asset to the issuer at any point in the future before the expiration of the contract. These rights may be contracted directly between two parties (i.e. over-the-counter), or may be sold publicly on formal exchanges, such as the Chicago Board Options Exchange. If the latter, they are called tradeable put options (TPOs) because they can be bought and sold by third-parties via a secondary market. The World Bank has a Pilot Auction Facility for methane and carbon mediation which uses TPOs in carbon-relevant markets, giving producers (of e.g. forest restoration) a floor price for their product [1]. This enables long-term producer planning. We discuss the potentially broader use of these options contracts in carbon dioxide removal (CDR) markets generally and at scale. We conclude that they can, if priced correctly, encourage rapid investment both in CDR technology and in operational capacity. TPOs could do this without creating the same type of systemic risk associated with other instruments (e.g. long-dated futures). Nevertheless, the widespread use of such instruments potentially creates novel risks. These include the political risk of premature closure [2] (conventionally rendered as ‘counting your chickens before they are hatched’) and the economic risk of overpaying for carbon removal services. These instruments require careful structuring, and do not inoculate the CDR market against regulatory disruption, or political pressure. Accordingly, we note the potential for the development of TPO markets in CDR, but we urge caution in respect of identified risks.

Greenhouse gases mitigation options and strategies for Tanzania

Energy Technology Data Exchange (ETDEWEB)

Mwandosya, M.J.; Meena, H.E.

1996-12-31

Tanzania became a party to the United Nations Framework on Climate Change (UN FCCC) when she ratified the Convention in March, 1996. Now that Tanzania and other developing countries are Parties to the UN FCCC, compliance with its provisions is mandatory. The legal requirements therefore provide a basis for their participation in climate change studies and policy formulation. All parties to the Convention are required by Article 4.1 of the United Nations Convention on Climate Change (UN FCCC) to develop, periodically update, publish, and make available national inventories of anthropogenic emissions and removal of greenhouse gases that are not controlled by the Montreal Protocol. This study on possible options for the mitigation of greenhouse gases in Tanzania is a preliminary effort towards the fulfilment of the obligation. In order to fulfil their obligations under the UN FCCC and have a meaningful mitigation assessment, identification and quantification of anthropogenic sources of atmospheric emissions of greenhouse gases in the country was undertaken. In this respect, the study of anthropogenic emissions by source and removals by sink of GHGs in Tanzania was done with the main objective of increasing the quantity and quality of base-line data available in order to further scientific understanding of the relationship of greenhouse gas emissions to climate change. Furthermore, the study facilitated identification of national policy and technological options that could reduce the level of emissions in the country.

The influence of capacity management on the unit cost of production: a case study in a flexible plastic packaging company

Directory of Open Access Journals (Sweden)

Tálita Floriano Goulart Silva

2013-08-01

Full Text Available This article presents the relationship between capacity management and cost management in determining the unit cost. The objective was to show how the use of effective capacity decreases the unit cost of manufacturing. For this, follow these steps: 1 Knowledge and analysis of production process and PPPC; 2 Data Collection; 3 Application of the Method Cost Center; 4Verification of the relationship between the Capacity Management and Cost Management. Through the company’s accounting reports, observations and interviews, the following results was possible: knowledge of the production process and functioning of PPCP, measuring the cost of each step of the production process and the unit cost of each product. Subsequently, we compared the unit cost using the effective capacity and normal capacity. The results showed that the unit costs decrease with the use of effective capacity, while increasing the margin for each product, even with the lower sale price, thus establishing a virtuous circle: effective capacity utilization, reduced unit cost, most competitive prices and increase in the number of requests.

An integrated renewable energy park approach for algal biofuel production in United States

International Nuclear Information System (INIS)

Subhadra, Bobban; Edwards, Mark

2010-01-01

Algal biomass provides viable third generation feedstock for liquid transportation fuel that does not compete with food crops for cropland. However, fossil energy inputs and intensive water usage diminishes the positive aspects of algal energy production. An integrated renewable energy park (IREP) approach is proposed for aligning renewable energy industries in resource-specific regions in United States for synergistic electricity and liquid biofuel production from algal biomass with net zero carbon emissions. The benefits, challenges and policy needs of this approach are discussed.

Early Option Exercise

DEFF Research Database (Denmark)

Heje Pedersen, Lasse; Jensen, Mads Vestergaard

A classic result by Merton (1973) is that, except just before expiration or dividend payments, one should never exercise a call option and never convert a convertible bond. We show theoretically that this result is overturned when investors face frictions. Early option exercise can be optimal when...... it reduces short-sale costs, transaction costs, or funding costs. We provide consistent empirical evidence, documenting billions of dollars of early exercise for options and convertible bonds using unique data on actual exercise decisions and frictions. Our model can explain as much as 98% of early exercises...

Early Option Exercise

DEFF Research Database (Denmark)

Jensen, Mads Vestergaard; Heje Pedersen, Lasse

2016-01-01

A classic result by Merton (1973) is that, except just before expiration or dividend payments, one should never exercise a call option and never convert a convertible bond. We show theoretically that this result is overturned when investors face frictions. Early option exercise can be optimal when...... it reduces short-sale costs, transaction costs, or funding costs. We provide consistent empirical evidence, documenting billions of dollars of early exercise for options and convertible bonds using unique data on actual exercise decisions and frictions. Our model can explain as much as 98% of early exercises...

The development of reforestation options for dryland farmland in ...

African Journals Online (AJOL)

This zone is beset with land degradation problems, such as salinity and wind erosion, and there has been considerable effort in the last three decades to develop reforestation options to stabilise the landscapes. Traditional forestry approaches using pulp wood or sawlog production in this zone have been limited by ...

Structural, compositional, and sensorial properties of United States commercial ice cream products.

Science.gov (United States)

Warren, Maya M; Hartel, Richard W

2014-10-01

Commercial vanilla ice cream products from the United States (full fat, low fat, and nonfat) were analyzed for their structural, behavioral (i.e., melt rate and drip-through), compositional, and sensorial attributes. Mean size distributions of ice crystals and air cells, drip-through rates, percent partially coalesced fat, percent overrun and total fat, and density were determined. A trained panel carried out sensory analyses in order to determine correlations between ice cream microstructure attributes and sensory properties using a Spectrum(TM) descriptive analysis. Analyses included melt rate, breakdown, size of ice particulates (iciness), denseness, greasiness, and overall creaminess. To determine relationships and interactions, principle component analysis and multivariate pairwise correlation were performed within and between the instrumental and sensorial data. Greasiness and creaminess negatively correlated with drip-through rate and creaminess correlated with percent total fat and percent fat destabilization. Percent fat did not determine the melt rate on a sensorial level. However, drip-through rate at ambient temperatures was predicted by total fat content of the samples. Based on sensory analysis, high-fat products were noted to be creamier than low and nonfat products. Iciness did not correlate with mean ice crystal size and drip-through rate did not predict sensory melt rate. Furthermore, on a sensorial level, greasiness positively correlated with total percent fat destabilization and mean air cell size positively correlated with denseness. These results indicate that commercial ice cream products vary widely in composition, structure, behavior, and sensory properties. There is a wide range of commercial ice creams in the United States market, ranging from full fat to nonfat. In this research we showed that these ice creams vary greatly in their microstructures, behaviors (the melt/drip-though, collapse, and/or stand up properties of ice cream

Quantitative Estimation of Risks for Production Unit Based on OSHMS and Process Resilience

Science.gov (United States)

Nyambayar, D.; Koshijima, I.; Eguchi, H.

2017-06-01

Three principal elements in the production field of chemical/petrochemical industry are (i) Production Units, (ii) Production Plant Personnel and (iii) Production Support System (computer system introduced for improving productivity). Each principal element has production process resilience, i.e. a capability to restrain disruptive signals occurred in and out of the production field. In each principal element, risk assessment is indispensable for the production field. In a production facility, the occupational safety and health management system (Hereafter, referred to as OSHMS) has been introduced to reduce a risk of accidents and troubles that may occur during production. In OSHMS, a risk assessment is specified to reduce a potential risk in the production facility such as a factory, and PDCA activities are required for a continual improvement of safety production environments. However, there is no clear statement to adopt the OSHMS standard into the production field. This study introduces a metric to estimate the resilience of the production field by using the resilience generated by the production plant personnel and the result of the risk assessment in the production field. A method for evaluating how OSHMS functions are systematically installed in the production field is also discussed based on the resilience of the three principal elements.

Nevada Transportation Options Study

International Nuclear Information System (INIS)

P. GEHNER; E.M. WEAVER; L. FOSSUM

2006-01-01

This study performs a cost and schedule analysis of three Nevada Transportation options that support waste receipt at the repository. Based on the U.S. Department of Energy preference for rail transportation in Nevada (given in the Final Environmental Impact Statement), it has been assumed that a branch rail line would be constructed to support waste receipt at the repository. However, due to potential funding constraints, it is uncertain when rail will be available. The three Nevada Transportation options have been developed to meet a varying degree of requirements for transportation and to provide cost variations used in meeting the funding constraints given in the Technical Direction Letter guidelines for this study. The options include combinations of legal-weight truck, heavy-haul truck, and rail. Option 1 uses a branch rail line that would support initial waste receipt at the repository in 2010. Rail transportation would be the primary mode, supplemented by legal weight trucks. This option provides the highest level of confidence in cost and schedule, lowest public visibility, greatest public acceptability, lowest public dose, and is the recommended option for support of waste receipt. The completion of rail by 2010 will require spending approximately $800 million prior to 2010. Option 2 uses a phased rail approach to address a constrained funding scenario. To meet funding constraints, Option 2 uses a phased approach to delay high cost activities (final design and construction) until after initial waste receipt in 2010. By doing this, approximately 95 percent of the cost associated with completion of a branch rail line is deferred until after 2010. To support waste receipt until a branch rail line is constructed in Nevada, additional legal-weight truck shipments and heavy-haul truck shipments (on a limited basis for naval spent nuclear fuel) would be used to meet the same initial waste receipt rates as in Option 1. Use of heavy-haul shipments in the absence

Expensing options solves nothing.

Science.gov (United States)

Sahlman, William A

2002-12-01

The use of stock options for executive compensation has become a lightning rod for public anger, and it's easy to see why. Many top executives grew hugely rich on the back of the gains they made on their options, profits they've been able to keep even as the value they were supposed to create disappeared. The supposed scam works like this: Current accounting regulations let companies ignore the cost of option grants on their income statements, so they can award valuable option packages without affecting reported earnings. Not charging the cost of the grants supposedly leads to overstated earnings, which purportedly translate into unrealistically high share prices, permitting top executives to realize big gains when they exercise their options. If an accounting anomaly is the problem, then the solution seems obvious: Write off executive share options against the current year's revenues. The trouble is, Sahlman writes, expensing option grants won't give us a more accurate view of earnings, won't add any information not already included in the financial statements, and won't even lead to equal treatment of different forms of executive pay. Far worse, expensing evades the real issue, which is whether compensation (options and other-wise) does what it's supposed to do--namely, help a company recruit, retain, and provide the right people with appropriate performance incentives. Any performance-based compensation system has the potential to encourage cheating. Only ethical management, sensible governance, adequate internal control systems, and comprehensive disclosure will save the investor from disaster. If, Sahlman warns, we pass laws that require the expensing of options, thinking that's fixed the fundamental flaws in corporate America's accounting, we will have missed a golden opportunity to focus on the much more extensive defects in the present system.

Pricing and hedging of arithmetic Asian options via the Edgeworth series expansion approach

Directory of Open Access Journals (Sweden)

Weiping Li

2016-03-01

Full Text Available In this paper, we derive a pricing formula for arithmetic Asian options by using the Edgeworth series expansion. Our pricing formula consists of a Black-Scholes-Merton type formula and a finite sum with the estimation of the remainder term. Moreover, we present explicitly a method to compute each term in our pricing formula. The hedging formulas (greek letters for the arithmetic Asian options are obtained as well. Our formulas for the long lasting question on pricing and hedging arithmetic Asian options are easy to implement with enough accuracy. Our numerical illustration shows that the arithmetic Asian options worths less than the European options under the standard Black-Scholes assumptions, verifies theoretically that the volatility of the arithmetic average is less than the one of the underlying assets, and also discovers an interesting phenomena that the arithmetic Asian option for large fixed strikes such as stocks has higher volatility (elasticity than the plain European option. However, the elasticity of the arithmetic Asian options for small fixed strikes as trading in currencies and commodity products is much less than the elasticity of the plain European option. These findings are consistent with the ones from the hedgings with respect to the time to expiration, the strike, the present underlying asset price, the interest rate and the volatility.

78 FR 30367 - Self-Regulatory Organizations; BOX Options Exchange LLC; Notice of Filing and Immediate...

Science.gov (United States)

2013-05-22

... product by keeping the Jumbo SPY Options fees low and easy for investors to understand. The Exchange... charge the same rate for transactions in Jumbo SPY Options, since the costs to the Exchange to process... charge the ORF at the same rate as the standard contract. 2. Statutory Basis The Exchange believes that...

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

International Nuclear Information System (INIS)

Voss, A.

2000-01-01

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

Animal health and welfare in production systems for organic fattening pigs

DEFF Research Database (Denmark)

Lindgren, Kristina; Bochicchio, Davide; Hegelund, Lene

2014-01-01

and conventional production. Conventional Danish herds consumed three times as much antibiotics (anthelmintics not included) as the organic herds, whilst there was no difference in mortality rate nor more pigs in need of treatment in the organic herds. Slaughter data indicated that organic pigs had fewer...... and aggression. Minimizing negative environmental impact may conflict with animal welfare, i.e. raising the pigs indoors may not only reduce plant nutrient losses but also reduce the pigs’ activity options. With an increasing number of specialized organic units, implementation of age-segregated production......With the aim to identify European health and welfare strategies in organic pig production, we summarized information about health and welfare status and potential hazards for organic fattening pigs. The results were primarily based on studies of organic production or comparisons between organic...

Distributed Energy Implementation Options

Energy Technology Data Exchange (ETDEWEB)

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

2017-09-13

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

Validation of Ulchin Units 1, 2 CONTEMPT Model Prior to the Production of EQ Envelope Curve

International Nuclear Information System (INIS)

Hwang, Su Hyun; Kim, Min Ki; Hong, Soon Joon; Lee, Byung Chul; Suh, Jeong Kwan; Lee, Jae Yong; Song, Dong Soo

2010-01-01

The Ulchin Units 1, 2 will be refurbished with RSG (Replacement of Steam Generator) and PU (Power Uprate). The current EQ (Environmental Qualification) envelope curve should be modified according to RSG and PU. The containment P/T (Pressure/Temperature) analysis in Ulchin Units 1, 2 FSAR was done using EDF computer program PAREO6. PAREO6 uses the same assumptions as the US NRC CONTEMPT program, and the results given by both programs are in good agreement. It is utilized to determine pressure and temperature variations in a PWR containment subsequent to a reactor coolant or secondary system pipe break. But PAREO6 cannot be available to the production of EQ envelope curve, so CONTEMPT code should be used instead of PAREO6. It is essential to validate the CONTEMPT OSG (Original Steam Generator) model prior to the production of EQ envelope curve considering RSG and PU. This study has been performed to validate the CONTEMPT model of Ulchin Units 1, 2 by comparing the CONTEMPT results with the PAERO6 results in Ulchin Units 1, 2 FSAR

Validation of Ulchin Units 1, 2 CONTEMPT Model Prior to the Production of EQ Envelope Curve

Energy Technology Data Exchange (ETDEWEB)

Hwang, Su Hyun; Kim, Min Ki; Hong, Soon Joon; Lee, Byung Chul [FNC Technology Co., SNU, Seoul (Korea, Republic of); Suh, Jeong Kwan; Lee, Jae Yong; Song, Dong Soo [KEPCO Research Institute, Daejeon (Korea, Republic of)

2010-10-15

The Ulchin Units 1, 2 will be refurbished with RSG (Replacement of Steam Generator) and PU (Power Uprate). The current EQ (Environmental Qualification) envelope curve should be modified according to RSG and PU. The containment P/T (Pressure/Temperature) analysis in Ulchin Units 1, 2 FSAR was done using EDF computer program PAREO6. PAREO6 uses the same assumptions as the US NRC CONTEMPT program, and the results given by both programs are in good agreement. It is utilized to determine pressure and temperature variations in a PWR containment subsequent to a reactor coolant or secondary system pipe break. But PAREO6 cannot be available to the production of EQ envelope curve, so CONTEMPT code should be used instead of PAREO6. It is essential to validate the CONTEMPT OSG (Original Steam Generator) model prior to the production of EQ envelope curve considering RSG and PU. This study has been performed to validate the CONTEMPT model of Ulchin Units 1, 2 by comparing the CONTEMPT results with the PAERO6 results in Ulchin Units 1, 2 FSAR

Managing price risk in emerging electricity markets : OTC products and applications

International Nuclear Information System (INIS)

Weiss, P.

1998-01-01

The evolution of power markets in the United States from traditional cost based rates to mature markets, characterized by significant specialization, high volume financial market and multiple futures/indices, is described. The meaning and characteristic features of the commodity market in electricity, OTC/futures products for the electricity markets, physical delivery vs. financial settlement, models for producer trading positions and consumer trading positions, long producer position, long spread option position, short consumer position, and long producer time spread position were explained

Food and Health in Rural Lebanon : Options to Improve Dietary ...

International Development Research Centre (IDRC) Digital Library (Canada)

At the same time, rural ecosystems are deteriorating due to urban encroachment, ... and policy options for improving dietary diversity, food security and health in poor and vulnerable ... Asian outlook: New growth dependent on new productivity ... IWRA/IDRC webinar on climate change and adaptive water management.

An integrated renewable energy park approach for algal biofuel production in United States

Energy Technology Data Exchange (ETDEWEB)

Subhadra, Bobban [Department of Internal Medicine, School of Medicine, University of New Mexico, Albuquerque, NM 87131 (United States); Edwards, Mark [Marketing and Sustainability, W.P. Carey School of Business, Arizona State University, Tempe, AZ 85282 (United States)

2010-09-15

Algal biomass provides viable third generation feedstock for liquid transportation fuel that does not compete with food crops for cropland. However, fossil energy inputs and intensive water usage diminishes the positive aspects of algal energy production. An integrated renewable energy park (IREP) approach is proposed for aligning renewable energy industries in resource-specific regions in United States for synergistic electricity and liquid biofuel production from algal biomass with net zero carbon emissions. The benefits, challenges and policy needs of this approach are discussed. (author)

Mobile energy recording unit - the basis to improve energy productivity with principles of lean production; Mobile Energie-Erfassungseinheit (MobEE). Eine Grundlage zur Steigerung der Energieproduktivitaet auf Basis von Lean Production Prinzipien

Energy Technology Data Exchange (ETDEWEB)

Schnellbach, Peter [Fraunhofer IWU, Augsburg (Germany). Projektgruppe fuer Ressourceneffiziente mechatronische Verarbeitungsmaschinen; Beisbart, Ulrich [BMW Group, Muenchen (Germany). Abt. Steuerung Facility Management, Energie, Mobilitaet, Dienstleistungsmanagement; Reinhardt, Gunther [Technische Univ. Muenchen (Germany). Inst. fuer Werkzeugmaschinen und Betriebswissenschaften; RMV Augsburg (Germany). IWU Projektguppe; Schneider, Oliver

2012-10-15

Improvement of energy productivity in production processes will become more important in future. As one large customer, manufacturing industry has to take responsibility to make its contribution in this field. The mobile energy recording unit helps to create the necessary transparency to identify possible energy savings on the basis of lean production principles.

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

Directory of Open Access Journals (Sweden)

Lukasz KUTA

2014-10-01

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

Applied energy solutions to grain elevator units; Cogeracao em unidades armazenadoras de graos

Energy Technology Data Exchange (ETDEWEB)

Teixeira, Carlos Alberto [Universidadfe Federal Rural de Pernambuco (UAST/UFRPE), Serra Talhada, PE (Brazil). Dept. de Agronomia], E-mail: carlos.teixeira@uast.ufrpe.br; Oliveira Filho, Delly; Lacerda Filho, Adilio Flauzino de; Martins, Jose Helvecio [Universidade Federal de Vicosa (UFV), MG (Brazil). Dept. de Engenharia Agricola

2009-07-01

Solutions of energy can be adopted, to help the demand side management. The distributed generation and the cogeneration are management at the supply side, that should be adopted in grain elevator units. Aiming to point energy solutions to grain elevator units to become more energetically independent from the utilities and oscillations of the market. This study was done in a grain elevator units from Sao Paulo State. They were considered: (I) the patterns of electric power consumption in this crop periods; (II) different types of cogeneration systems; and (III) connection costs. The main conclusions of this work were: cogeneration is possible and viable in grain elevator units; the price of sale of the surplus energy in the cogeneration system influences, directly, decision to implement a cogeneration system; the electric power generation with the own production of firewood was decisive in the profitability of the cogeneration project; the option of connection of the electric power net favors the implantation of a cogeneration system; and the possibility of rejection steam use for drying grains (author)

78 FR 9959 - Self-Regulatory Organizations; C2 Options Exchange, Incorporated; Notice of Filing and Immediate...

Science.gov (United States)

2013-02-12

... (including stock-option order) order types as eligible for the Rule 6.11 opening process. If, in the future... 100 units and the only interest in the COB is a complex order to buy the strategy at a net debit price... a complex order in COB to buy the strategy at a net debit price of $1.19 for 50 units. When the COB...

High resolution production water footprints of the United States

Science.gov (United States)

Marston, L.; Yufei, A.; Konar, M.; Mekonnen, M.; Hoekstra, A. Y.

2017-12-01

The United States is the largest producer and consumer of goods and services in the world. Rainfall, surface water supplies, and groundwater aquifers represent a fundamental input to this economic production. Despite the importance of water resources to economic activity, we do not have consistent information on water use for specific locations and economic sectors. A national, high-resolution database of water use by sector would provide insight into US utilization and dependence on water resources for economic production. To this end, we calculate the water footprint of over 500 food, energy, mining, services, and manufacturing industries and goods produced in the US. To do this, we employ a data intensive approach that integrates water footprint and input-output techniques into a novel methodological framework. This approach enables us to present the most detailed and comprehensive water footprint analysis of any country to date. This study broadly contributes to our understanding of water in the US economy, enables supply chain managers to assess direct and indirect water dependencies, and provides opportunities to reduce water use through benchmarking.

Lifecycle analysis of different urban transport options for Bangladesh

International Nuclear Information System (INIS)

Hossain, Ijaz; Guelen, Guercan

2007-01-01

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

Cost effectiveness of GHG mitigation options and policy implication

Energy Technology Data Exchange (ETDEWEB)

Lim, K. S. [Korea Institute for Industrial Economics and Trade, Seoul (Korea, Republic of)

1998-04-01

This paper represents the summary findings and conclusions of several studies implemented about microeconomics and macroeconomics marginal costs of GHG abatement policies. Financial, economic, and, where possible, environmental microeconomics costs of reducing GHGs are estimated by a World Bank team. Six energy-related CO{sub 2} mitigation policy options are applied to estimate the macroeconomics costs of GHG emission reduction, the macroeconomics impacts on the Chinese economy. In terms of policy, conservation is a better option to cope with a restrictive mitigation constraint, assuming a developing country can achieve planned energy-saving targets. Without a CO{sub 2} emission constraint or with less restrictive CO{sub 2} emission constraints, however, the simulation results indicate that a conservation strategy may be less attractive than fuel substitution in a developing country, mainly due to the economic dampening effect of reduced production in the energy sectors. This finding suggests that an often-cited costless or negative-cost energy conservation policy may not be a better option when a less restrictive mitigation target is in force. This does not mean that the potential for energy efficiency improvements in a developing country is not worthwhile, but that the overall macroeconomics impacts should be considered before implementing the policy option. (author). 9 refs., 3 figs., 3 tabs.

The United States and Europe: Possible Options for U.S. Policy

National Research Council Canada - National Science Library

Archick, Kristin

2005-01-01

The United States and Europe share a long and intertwined history, replete with many ups and downs The modern transatlantic relationship was forged in the aftermath of World War II to deter the Soviet...

Real Silver and Its Investment and Business Options

Directory of Open Access Journals (Sweden)

Novotný Josef

2016-06-01

Full Text Available The article deals with investment and business opportunities offered by silver. Silver is the metal used in industry and for investing at financial markets. The main problem related to this real commodity is the issue of “the undervaluation” of its investment options, if compared to gold. If considering silver as the investment option, its investment potential is significantly enhanced by its industrial usage. The aim of this paper is to highlight business and investment opportunities for both professionals and non professional investors at the commodity markets. The price growth of this investment and industrial metal can generate profits for the investors. And on the other hand, industries which cannot do without silver in their production may efficiently utilize the knowledge of setting up its price at the markets.

32 CFR 48.201 - Options.

Science.gov (United States)

2010-07-01

... 32 National Defense 1 2010-07-01 2010-07-01 false Options. 48.201 Section 48.201 National Defense...'S FAMILY PROTECTION PLAN Election of Options § 48.201 Options. As provided in § 48.203, a member may... amount equal to such 121/2 per centum. (a) Option 1 is an annuity payable to or on behalf of his widow...

Exergy recovery during LNG regasification: Electric energy production - Part two

International Nuclear Information System (INIS)

Dispenza, Celidonio; Dispenza, Giorgio; Rocca, Vincenzo La; Panno, Giuseppe

2009-01-01

In liquefied natural gas (LNG) regasification facilities, for exergy recovery during regasification, an option could be the production of electric energy recovering the energy available as cold. In a previous paper, the authors propose an innovative process which uses a cryogenic stream of LNG during regasification as a cold source in an improved combined heat and power (CHP) plant. Considering the LNG regasification projects in progress all over the World, an appropriate design option could be based on a modular unit having a mean regasification capacity of 2 x 10 9 standard cubic meters/year. This paper deals with the results of feasibility studies, developed by the authors at DREAM in the context of a research program, on ventures based on thermodynamic and economic analysis of improved CHP cycles and related innovative technology which demonstrate the suitability of the proposal

[Alaskan commodities irradiation project: An options analysis study

International Nuclear Information System (INIS)

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

1989-09-01

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

75 FR 52459 - Regulations Governing Agencies for Issue of United States Savings Bonds; Offering of United...

Science.gov (United States)

2010-08-26

... eliminate the option to purchase paper savings bonds through payroll deductions for United States government... savings bonds purchased through payroll sales; individuals will still be able to purchase paper savings bonds at financial institutions for themselves and as gifts. Payroll savers will be encouraged to...

p-Phenylenediamine and other allergens in hair dye products in the United States

DEFF Research Database (Denmark)

Hamann, Dathan; Yazar, Kerem; Hamann, Carsten R

2014-01-01

product contained six (range 0-11). p-Phenylenediamine (PPD) was found in 83 products (78%), but resorcinol (89%), m-aminophenol (75%), p-aminophenol (60%) and toluene-2,5-diamine (21%) were also frequently identified. CONCLUSIONS: Potent contact sensitizers were almost universally included in the hair...... dyes investigated in the United States. Although PPD is a common allergen, resorcinol and m-aminophenol were found more frequently. In total, 30 potent sensitizers were found. Clinicians should consider other allergens in addition to PPD when evaluating patients with suspected hair dye allergy....

Nontimber forest products in the United States: an analysis for the 2015 National Sustainable Forest Report

Science.gov (United States)

James Chamberlain; Aaron Teets; Steve Kruger

2018-01-01

Worldwide, forest plants and fungi that are harvested for their nontimber products are critical for the health of the ecosystems and the well-being of people who benefit from the harvest. This document provides an analysis of the volumes and values of nontimber forest products in the United States. It presents...

48 CFR 570.401 - Renewal options.

Science.gov (United States)

2010-10-01

... 48 Federal Acquisition Regulations System 4 2010-10-01 2010-10-01 false Renewal options. 570.401... Requirements 570.401 Renewal options. (a) Exercise of options. Before exercising an option to renew, follow the... survey. Before exercising an option to renew a lease, review current market information to ensure the...

Treatment Options for Wilms Tumor

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... come back) after it has been treated. Treatment Option Overview Key Points There are different types of ...

Treatment Options for Myelodysplastic Syndromes

Science.gov (United States)

... special light. Certain factors affect prognosis and treatment options. The prognosis (chance of recovery) and treatment options ... age and general health of the patient. Treatment Option Overview Key Points There are different types of ...

Treatment Option Overview (Prostate Cancer)

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Option Overview (Myelodysplastic Syndromes)

Science.gov (United States)

... special light. Certain factors affect prognosis and treatment options. The prognosis (chance of recovery) and treatment options ... age and general health of the patient. Treatment Option Overview Key Points There are different types of ...

Treatment Option Overview (Esophageal Cancer)

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Option Overview (Childhood Rhabdomyosarcoma)

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Option Overview (Penile Cancer)

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Option Overview (Vulvar Cancer)

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Option Overview (Pancreatic Cancer)

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Option Overview (Adrenocortical Carcinoma)

Science.gov (United States)

... affect the prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Options for Childhood Rhabdomyosarcoma

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Options for Kaposi Sarcoma

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Options for Childhood Craniopharyngioma

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... the brain where it was first found. Treatment Option Overview Key Points There are different types of ...

Environmental and economic suitability of forest biomass-based bioenergy production in the Southern United States

Science.gov (United States)

Dwivedi, Puneet

This study attempts to ascertain the environmental and economic suitability of utilizing forest biomass for cellulosic ethanol production in the Southern United States. The study is divided into six chapters. The first chapter details the background and defines the relevance of the study along with objectives. The second chapter reviews the existing literature to ascertain the present status of various existing conversion technologies. The third chapter assesses the net energy ratio and global warming impact of ethanol produced from slash pine (Pinus elliottii Engelm.) biomass. A life-cycle assessment was applied to achieve the task. The fourth chapter assesses the role of emerging bioenergy and voluntary carbon markets on the profitability of non-industrial private forest (NIPF) landowners by combining the Faustmann and Hartmann models. The fifth chapter assesses perceptions of four stakeholder groups (Non-Government Organization, Academics, Industries, and Government) on the use of forest biomass for bioenergy production in the Southern United States using the SWOT-AHP (Strength, Weakness, Opportunity, and Threat-Analytical Hierarchy Process) technique. Finally, overall conclusions are made in the sixth chapter. Results indicate that currently the production of cellulosic ethanol is limited as the production cost of cellulosic ethanol is higher than the production cost of ethanol derived from corn. However, it is expected that the production cost of cellulosic ethanol will come down in the future from its current level due to ongoing research efforts. The total global warming impact of E85 fuel (production and consumption) was found as 10.44 tons where as global warming impact of an equivalent amount of gasoline (production and consumption) was 21.45 tons. This suggests that the production and use of ethanol derived from slash pine biomass in the form of E85 fuel in an automobile saves about 51% of carbon emissions when compared to gasoline. The net energy ratio

Choice Options to Meet Household Food Security in the Cattle Corridor of Uganda

Directory of Open Access Journals (Sweden)

Betty Mbolanyi

2017-01-01

Full Text Available This study identified the major options adopted by households in the rangelands of Uganda to meet their food needs, the factors that affect their choices and barriers to making use of various choices. A cross-sectional survey using semi-structured questionnaires was administered among 180 pastoral households in selected rangeland area of Uganda. The options identified include restocking animals, changing planting dates, soil conservation, harnessing new technologies, planting trees and buying food stuffs. Analysis of results from the multinomial logistic model indicated that age, level of education, size of household, years in current location, farm income, non-farm income, livestock ownership, access to extension services and climate and weather information were key determinants of farmers’ choice of options to realize household food security. The major perceived barriers to choice options were lack of information on alternative options, poor technologies, climate variability, inadequate land, high food prices and low income. The analysis of choice of options to meet household food security suggests a number of different policy options such as strengthening production facilitation options available to pastoral communities including among others access to affordable credit, investing in yield-increasing technologies, introduction of livestock species that are better suited to drier conditions, raising awareness on climate related variations, creating opportunities for off-farm employment, encouraging pastoralists to grow more crops, and investing in irrigation.

Effluent treatment options for nuclear thermal propulsion system ground tests

International Nuclear Information System (INIS)

Shipers, L.R.; Brockmann, J.E.

1992-01-01

A variety of approaches for handling effluent from nuclear thermal propulsion system ground tests in an environmentally acceptable manner are discussed. The functional requirements of effluent treatment are defined and concept options are presented within the framework of these requirements. System concepts differ primarily in the choice of fission-product retention and waste handling concepts. The concept options considered range from closed cycle (venting the exhaust to a closed volume or recirculating the hydrogen in a closed loop) to open cycle (real time processing and venting of the effluent). This paper reviews the strengths and weaknesses of different methods to handle effluent from nuclear thermal propulsion system ground tests

Integrating concerns about wood production and sustainable forest management in the United States.

Science.gov (United States)

R.W. Haynes

2007-01-01

The implementation of Sustainable Forest Management (SFM) in the United States is strongly influenced by U.S. forest products markets and the numerous management decisions made by individual landowners and managers. These decisions are influenced by a mix of market incentives and regulatory actions reducing predictability in assessing progress towards SFM and causing...

The isoflavone content of two new alfalfa-derived products for instant beverage preparation.

Science.gov (United States)

Soto-Zarazúa, M Guadalupe; Rodrigues, Francisca; Pimentel, Filipa B; Bah, M M; Oliveira, M Beatriz P P

2016-01-01

The frequent use of plant-based products to promote health leads to the search for scientific information related to efficacy and safety of those products for human consumption. Two alfalfa-derived products (ADP), freeze-dried juice (FDJ) and dehydrated powder (DP), from alfalfa harvested in Mexico, are being developed as new possible nutraceuticals. To the best of our knowledge, any study reports the real composition of such products used to prepare instant beverages in what concerns isoflavone contents. Seven isoflavones (glycitein, formononetin, biochanin A, daidzein, genistein, daidzin and genistin) were assessed by HPLC-DAD analysis as well as its variation in five different batches of these products. Different solvents were tested in order to choose the best one to extract isoflavones. The results showed the presence of daidzein, genistein, genistin and daidzin in most samples while glycitein, formononetin and biochanin A were not detected. Significant differences between isoflavone contents were found with different solvent systems. Water was the best option to extract daidzein (0.40-1.08 mg per unit and 1.30-4.90 mg per unit for DP and FDJ, respectively) whereas the water-methanol-formic acid mixture was efficient to extract genistein (0.19-0.43 mg per unit and 0.15-0.72 mg per unit for DP and FDJ, respectively). In all cases, the total isoflavone content was higher in freeze-dried juices than in dehydrated powders. Genistein and daidzein were the more abundant isoflavones quantified. Further physiological and nutritional studies are needed to complete the validation of effectiveness and safety of these products.

The future of the nuclear option

International Nuclear Information System (INIS)

Frost, B.R.T.

1992-01-01

This paper reports on the future of the nuclear option. No nuclear power reactors have been ordered in the U.S.A. since 1975, but the number of operating reactors has increased to the 115 operating today. The demand for electric power continues to grow. At this time, concern over the environmental effects of fossil fuels has grown; global warming and acid rain effects are major determinants of energy policy. In these circumstances nuclear power may be the only viable option to meet the growing demand for electricity. In the past decade the nuclear power industry has addressed its major critics by standardizing designs, improving operator training, and developing safe methods of disposing of waste products. Fast breeder reactors have taken a new lease on life through the American Integral Fast Reactor (IFR) design which is inherently safe, proliferation resistant, and helps the waste-disposal problem. It will probably not be commercially available until well into the next century. The extension of reactor life raises questions of long-term thermal and radiation effects

Option-implied term structures

OpenAIRE

Vogt, Erik

2014-01-01

The illiquidity of long-maturity options has made it difficult to study the term structures of option spanning portfolios. This paper proposes a new estimation and inference framework for these option-implied term structures that addresses long-maturity illiquidity. By building a sieve estimator around the risk-neutral valuation equation, the framework theoretically justifies (fat-tailed) extrapolations beyond truncated strikes and between observed maturities while remaining nonparametric. Ne...

Designing Production Based Learning as a Basic Strategy for Creating Income Generating Units at Universitas Pendidikan Indonesia

Science.gov (United States)

Suryadi, D.; Supriatna, N.

2018-02-01

The establishment of Universitas Pendidikan Indonesia (later to be referred as UPI) Statute as a State-Owned State University (PTN-BH) has implications for UPI requirements. One of them is the need for UPI to generate an Income Generating Unit (IGU) of at least IDR 100 Billion (one hundred billion rupiah). This requirement is considered difficult since UPI is one of the universities whose focus is on the world of education and not the business and industry. Surely this becomes the thinking of the entire academic community to make a breakthrough by optimizing their potential. This study aims to find the pattern of learning practice that produces economic value products as one indicator of IGU value achievement as an effort to support UPI as PTN-BH. Learning strategy is done by designing and implementing the production base learning (PBL) approach as the basis strategy for the development of production units capable of becoming IGU in UPI. The research method used refers to research and development methods with adjustments taking into account the effectiveness in validating and conducting field model trials. The result of this research is the basic design of PBL model as the development strategy of production unit in the achievement of IGU UPI PTN-BH.

Combination of real options and game-theoretic approach in investment analysis

Science.gov (United States)

Arasteh, Abdollah

2016-09-01

Investments in technology create a large amount of capital investments by major companies. Assessing such investment projects is identified as critical to the efficient assignment of resources. Viewing investment projects as real options, this paper expands a method for assessing technology investment decisions in the linkage existence of uncertainty and competition. It combines the game-theoretic models of strategic market interactions with a real options approach. Several key characteristics underlie the model. First, our study shows how investment strategies rely on competitive interactions. Under the force of competition, firms hurry to exercise their options early. The resulting "hurry equilibrium" destroys the option value of waiting and involves violent investment behavior. Second, we get best investment policies and critical investment entrances. This suggests that integrating will be unavoidable in some information product markets. The model creates some new intuitions into the forces that shape market behavior as noticed in the information technology industry. It can be used to specify best investment policies for technology innovations and adoptions, multistage R&D, and investment projects in information technology.

Bilateral Coordination Strategy of Supply Chain with Bidirectional Option Contracts under Inflation

Directory of Open Access Journals (Sweden)

Nana Wan

2015-01-01

Full Text Available As far as the price increase and the demand contraction caused by inflation are concerned, we establish a Stackelberg game model that incorporates bidirectional option contracts and the effect of inflation and derive the optimal ordering and production policies on a one-period two-stage supply chain composed of one supplier and one retailer. Through using the model of wholesale price contracts as the benchmark, we find that the introduction of bidirectional option contracts can benefit both the supplier and the retailer under inflation scenarios. Based on the conclusions drawn above, we design the bilateral coordination mechanism from the different perspective of two members involved and discuss how bidirectional option contracts should be set to achieve channel coordination under inflation scenarios. Through the sensitivity analysis, we illustrate the effect of inflation on the optimal decision variables and the optimal expected profits of the two parties with bidirectional option contracts.

The Significance of Consumer’s Awareness about Organic Food Products in the United Arab Emirates

OpenAIRE

Safdar Muhummad; Eihab Fathelrahman; Rafi Ullah Tasbih Ullah

2016-01-01

Awareness about negative externalities generated by conventional farming is gaining momentum with consumers around the world, opting for alternatively, namely organically, produced food products. Information about consumers’ awareness is an essential element for farmers and marketing agencies to successfully plan production that can capture a greater market share. This study discusses effective factors influencing consumers’ awareness about the benefits of organic food in the United Arab Emir...

Treatment Option Overview (Myelodysplastic/Myeloproliferative Neoplasms)

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ...

Effectiveness of technological options for minimising production ...

African Journals Online (AJOL)

Farmer perceptions of technology effectiveness, to some extent, agreed with econometric evidence from this study. Study results have two implications: firstly, the need to develop and disseminate location specific adaptation technologies to reduce production risks, instead of blanket recommendations of similar adaptation ...

Efficient option valuation of single and double barrier options

Science.gov (United States)

Kabaivanov, Stanimir; Milev, Mariyan; Koleva-Petkova, Dessislava; Vladev, Veselin

2017-12-01

In this paper we present an implementation of pricing algorithm for single and double barrier options using Mellin transformation with Maximum Entropy Inversion and its suitability for real-world applications. A detailed analysis of the applied algorithm is accompanied by implementation in C++ that is then compared to existing solutions in terms of efficiency and computational power. We then compare the applied method with existing closed-form solutions and well known methods of pricing barrier options that are based on finite differences.

Storage options in the United States of America

International Nuclear Information System (INIS)

Williams, J.; Richardson, J.

1994-01-01

The inventory of spent fuel from commercial reactors in the United States is nearly 25 000 metric tons heavy metal (MTHM) and is increasing at a rate of about 2000 MTHM per year. By the time the last licence for the current generation of nuclear reactors expires, the inventory of spent fuel is expected to be about 85 000 MTHM. Almost all of the spent fuel is stored in water pools at reactor sites, but dry storage has begun to be used by several utilities that have used up their pool capacity. Eventually the spent fuel will be transferred to the Federal waste-management system now being developed by the U.S. Department of Energy (DOE). The DOE is developing a waste-management system consisting of three components: a geologic repository, a facility for monitored retrievable storage (MRS), and a transportation system to support MRS and repository operations. This paper briefly describes how the commercial nuclear utilities are addressing spent fuel storage at their reactor sites and the DOE's strategy for interfacing with the utilities. (author)

Biomethane in the transport sector-An appraisal of the forgotten option

International Nuclear Information System (INIS)

Ahman, Max

2010-01-01

The last 20 years efforts to find a long-term and large-scale biofuel alternative to petrol and diesel for the transport sector have been intensified with a focus on liquid biofuels, such as ethanol, methanol and Fischer-Tropsh diesel derived from wood. The large-scale production of biomethane has so far largely been overlooked in comparative studies that focus on the long-term renewable options. The aim of this article fills this gap and to provide a broad and systematic assessment of the future potential of biomethane compared to other biofuels. In order to become a large-scale option, biomethane production from woody biomass via gasification needs to be developed and commercialized. However, biomethane exhibits a clear development path with relatively low financial and technical risks starting with local solutions utilizing wet biomass resources towards medium and eventually large-scale gasification with economics similar to liquid second generation biofuels. The disadvantage of being a gaseous fuel is not insurmountable and can furthermore be relaxed by the integration and dual-use of the existing distribution system for natural gas. This assessment concludes that more emphasize should be given to biomethane as a large-scale option given the opportunity to use woody biomass from gasification.

Economic productivity by age and sex: 2007 estimates for the United States.

Science.gov (United States)

Grosse, Scott D; Krueger, Kurt V; Mvundura, Mercy

2009-07-01

Human capital estimates of labor productivity are often used to estimate the economic impact of diseases and injuries that cause incapacitation or death. Estimates of average hourly, annual, and lifetime economic productivity, both market and household, were calculated in 2007 US dollars for 5-year age groups for men, women, and both sexes in the United States. Data from the American Time Use Survey were used to estimate hours of paid work and household services and hourly and annual earnings and household productivity. Present values of discounted lifetime earnings were calculated for each age group using the 2004 US life tables and a discount rate of 3% per year and assuming future productivity growth of 1% per year. The estimates of hours and productivity were calculated using the time diaries of 72,922 persons included in the American Time Use Survey for the years 2003 to 2007. The present value of lifetime productivity is approximately $1.2 million in 2007 dollars for children under 5 years of age. For adults in their 20s and 30s, it is approximately $1.6 million and then it declines with increasing age. Productivity estimates are higher for males than for females, more for market productivity than for total productivity. Changes in hours of paid employment and household services can affect economic productivity by age and sex. This is the first publication to include estimates of household services based on contemporary time use data for the US population.

Mapping regulatory models for medicinal cannabis: a matrix of options.

Science.gov (United States)

Belackova, Vendula; Shanahan, Marian; Ritter, Alison

2017-05-30

Objective The aim of the present study was to develop a framework for assessing regulatory options for medicinal cannabis in Australia. Methods International regulatory regimes for medicinal cannabis were reviewed with a qualitative policy analysis approach and key policy features were synthesised, leading to a conceptual framework that facilitates decision making across multiple dimensions. Results Two central organising dimensions of medicinal cannabis regulation were identified: cannabis supply and patient authorisation (including patient access). A number of the different supply options can be matched with a number of different patient authorisation options, leading to a matrix of possible regulatory regimes. Conclusions The regulatory options, as used internationally, involve different forms of cannabis (synthetic and plant-based pharmaceutical preparations or herbal cannabis) and the varying extent to which patient authorisation policies and procedures are stringently or more loosely defined. The optimal combination of supply and patient authorisation options in any jurisdiction that chooses to make medicinal cannabis accessible will depend on policy goals. What is known about the topic? Internationally, regulation of medicinal cannabis has developed idiosyncratically, depending on formulations that were made available and local context. There has been no attempt to date in the scientific literature to systematically document the variety of regulatory possibilities for medicinal cannabis. What does this paper add? This paper presents a new conceptual schema for considering options for the regulation of medicinal cannabis, across both supply and patient authorisation aspects. What are the implications for practitioners? The design of regulatory systems in Australia, whether for pharmaceutical or herbal products, is a vital issue for policy makers right now as federal and state and territory governments grapple with the complexities of medicinal cannabis

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

Energy Technology Data Exchange (ETDEWEB)

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

1982-08-01

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

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

International Nuclear Information System (INIS)

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

1982-08-01

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

76 FR 22427 - Self-Regulatory Organizations; Chicago Board Options Exchange, Incorporated; Notice of Filing and...

Science.gov (United States)

2011-04-21

... marketing fee \\5\\ shall not apply to GVZ options. \\4\\ This fee is assessed to help the Exchange recoup... and believes that the introduction of new products is beneficial for the marketplace and provides... participants to scope new products, invests in development and marketing of new products and engages in ongoing...

2005 resource options report

International Nuclear Information System (INIS)

Morris, T.

2005-01-01

This resource options report (ROR) fulfils regulatory requirements in British Columbia's two-year resource planning process. It identifies a wide range of resources and technologies that could be used to meet BC Hydro's future electricity demand. As such, it facilitates a transparent public review of resource options which include both supply-side and demand-side options. The resource options that will be used in the 2005 integrated electricity plan (IEP) were characterized. This ROR also documents where there is a general agreement or disagreement on the resource type characterization, based on the First Nations and Stakeholder engagement. BC Hydro used current information to provide realistic ranges on volume and cost to characterize environmental and social attributes. The BC Hydro system was modelled to assess the benefit and cost of various resource options. The information resulting from this ROR and IEP will help in making decisions on how to structure competitive acquisition calls and to determine the level of transmission services needed to advance certain BC Hydro projects. The IEP forecasts the nature and quantity of domestic resources required over the next 20 years. A strategic direction on how those needs will be met has been created to guide the management of BC Hydro's energy resources. Supply-side options include near-commercial technologies such as energy storage, ocean waves, tidal, fuel cells and integrated coal gasification combined cycle technology. Supply-side options also include natural gas, coal, biomass, geothermal, wind, and hydro. 120 refs., 39 tabs., 21 figs., 6 appendices

Job sharing: a viable option for the clinical nurse specialist.

Science.gov (United States)

Haibeck, S V; Howard, J L

1991-01-01

NUMEROUS WORK TIME options have been developed to attract, retain and meet the various needs of nurses. Job sharing, a work option little known to nurses, can be a successful alternative for balancing professional and personal lifestyle. The business literature supports job sharing and other innovative work options as successful mechanisms in retaining quality employees in their respective professions. After exploring the literature in this area, a proposal for job sharing the oncology clinical nurse specialist (CNS) position was presented to the Personnel Director and Vice President of Nursing at our institution. The proposal addressed the advantages and disadvantages of the concept. These included: (1) scheduling flexibility, (2) reduced absenteeism and turnover, (3) increased productivity, (4) handling fringe benefits, and (5) job satisfaction. The proposal was accepted, and the job sharing position has been successfully implemented for more than 2 years now. This paper describes issues relevant to designing and implementing job sharing in a CNS position.

Probabilistic methods in exotic option pricing

NARCIS (Netherlands)

Anderluh, J.H.M.

2007-01-01

The thesis presents three ways of calculating the Parisian option price as an illustration of probabilistic methods in exotic option pricing. Moreover options on commidities are considered and double-sided barrier options in a compound Poisson framework.

Dopamine Modulates Option Generation for Behavior.

Science.gov (United States)

Ang, Yuen-Siang; Manohar, Sanjay; Plant, Olivia; Kienast, Annika; Le Heron, Campbell; Muhammed, Kinan; Hu, Michele; Husain, Masud

2018-05-21

Animals make innumerable decisions every day, each of which involves evaluating potential options for action. But how are options generated? Although much is now known about decision making when a fixed set of potential options is provided, surprisingly little progress has been made on self-generated options. Some researchers have proposed that such abilities might be modulated by dopamine. Here, we used a new measure of option generation that is quantitative, objective, and culture fair to investigate how humans generate different behavioral options. Participants were asked to draw as many different paths (options) as they could between two points within a fixed time. Healthy individuals (n = 96) exhibited a trade-off between uniqueness (how individually different their options were) and fluency (number of options), generating either many similar or few unique options. To assess influence of dopamine, we first examined patients with Parkinson's disease (n = 35) ON and OFF their dopaminergic medication and compared them to elderly healthy controls (n = 34). Then we conducted a double-blind, placebo-controlled crossover study of the D2 agonist cabergoline in healthy older people (n = 29). Across both studies, dopamine increased fluency but diminished overall uniqueness of options generated, due to the effect of fluency trading off with uniqueness. Crucially, however, when this trade-off was corrected for, dopamine was found to increase uniqueness for any given fluency. Three carefully designed control studies showed that performance on our option-generation task was not related to executing movements, planning actions, or selecting between generated options. These findings show that dopamine plays an important role in modulating option generation. Copyright © 2018 The Author(s). Published by Elsevier Ltd.. All rights reserved.

Incentive Policy Options for Product Remanufacturing: Subsidizing Donations or Resales?

Science.gov (United States)

Zhu, Xiaodong; Wang, Yue; Li, Bangyi

2017-01-01

Remanufactured products offer better environmental benefits, and governments encourage manufacturers to remanufacture through various subsidy policies. This practice has shown that, in addition to product sales, remanufactured product can also achieve its value through social donation. Based on the remanufactured product value realization approaches, governments provide two kinds of incentive policies, which are remanufactured product sales subsidies and remanufactured product donation subsidies. This paper constructs a two-stage Stackelberg game model including a government and a manufacturer under two different policies, which can be solved by backward induction. By comparing the optimal decision of the two policies, our results show that, compared with the remanufacturing sales subsidy, donation subsidy weakens the cannibalization of remanufactured products for new products and increases the quantity of new products. It reduces the sales quantity of remanufactured products, but increases their total quantity. Under certain conditions of low subsidy, the manufacturer adopting sales subsidy provides better economic and environmental benefits. Under certain conditions of high subsidy, the manufacturer adopting donation subsidy offers better economic and environmental benefits. When untreated product environmental impact is large enough, donation subsidy policy has a better social welfare. Otherwise, the choice of social welfare of these two different policies depends on the social impact of remanufactured product donated. PMID:29194411

Incentive Policy Options for Product Remanufacturing: Subsidizing Donations or Resales?

Science.gov (United States)

Zhu, Xiaodong; Wang, Zhe; Wang, Yue; Li, Bangyi

2017-12-01

Remanufactured products offer better environmental benefits, and governments encourage manufacturers to remanufacture through various subsidy policies. This practice has shown that, in addition to product sales, remanufactured product can also achieve its value through social donation. Based on the remanufactured product value realization approaches, governments provide two kinds of incentive policies, which are remanufactured product sales subsidies and remanufactured product donation subsidies. This paper constructs a two-stage Stackelberg game model including a government and a manufacturer under two different policies, which can be solved by backward induction. By comparing the optimal decision of the two policies, our results show that, compared with the remanufacturing sales subsidy, donation subsidy weakens the cannibalization of remanufactured products for new products and increases the quantity of new products. It reduces the sales quantity of remanufactured products, but increases their total quantity. Under certain conditions of low subsidy, the manufacturer adopting sales subsidy provides better economic and environmental benefits. Under certain conditions of high subsidy, the manufacturer adopting donation subsidy offers better economic and environmental benefits. When untreated product environmental impact is large enough, donation subsidy policy has a better social welfare. Otherwise, the choice of social welfare of these two different policies depends on the social impact of remanufactured product donated.

The Factor Structure in Equity Options

DEFF Research Database (Denmark)

Christoffersen, Peter; Fournier, Mathieu; Jacobs, Kris

Principal component analysis of equity options on Dow-Jones firms reveals a strong factor structure. The first principal component explains 77% of the variation in the equity volatility level, 77% of the variation in the equity option skew, and 60% of the implied volatility term structure across...... equities. Furthermore, the first principal component has a 92% correlation with S&P500 index option volatility, a 64% correlation with the index option skew, and a 80% correlation with the index option term structure. We develop an equity option valuation model that captures this factor structure...

The information content of options

OpenAIRE

Navon, Yonatan

2017-01-01

The objective of this thesis is to examine the information content of stock options in financial markets. A key question in financial economics is how information diffuses across markets and how quickly it is reflected in security prices. This thesis aims at exploring this question by investigating the informational role that options play in financial markets. This is achieved by exploring the joint cross section of option and bond prices, the informational role of options in seasoned equity ...

Development of a combined bio-hydrogen- and methane-production unit using dark fermentation

Energy Technology Data Exchange (ETDEWEB)

Brunstermann, R.; Widmann, R. [Duisburg-Essen Univ. (Germany). Dept. of Urban Water and Waste Management

2010-07-01

Hydrogen is regarded as a source of energy of the future. Currently, hydrogen is produced, predominantly, by electrolysis of water by using electricity or by stream reforming of natural gas. So both methods are based on fossil fuels. If the used electricity is recovered from renewable recourses, hydrogen produced by water electrolysis may be a clean solution. At present, the production of hydrogen by biological processes finds more and more attention world far. The biology provides a wide range of approaches to produce hydrogen, including bio-photolysis as well as photo-fermentation and dark-fermentation. Currently these biological technologies are not suitable for solving every day energy problems [1]. But the dark-fermentation is a promising approach to produce hydrogen in a sustainable way and was already examined in some projects. At mesophilic conditions this process provides a high yield of hydrogen by less energy demand, [2]. Short hydraulic retention times (HRT) and high metabolic rates are advantages of the process. The incomplete transformation of the organic components into various organic acids is a disadvantage. Thus a second process step is required. Therefore the well known biogas-technique is used to degrade the organic acids predominantly acetic and butyric acid from the hydrogen-production unit into CH{sub 4} and CO{sub 2}. This paper deals with the development of a combined hydrogen and methane production unit using dark fermentation at mesophilic conditions. The continuous operation of the combined hydrogen and methane production out of DOC loaded sewages and carbohydrate rich biowaste is necessary for the examination of the technical and economical implementation. The hydrogen step shows as first results hydrogen concentration in the biogas between 40 % and 60 %.The operating efficiency of the combined production of hydrogen and methane shall be checked as a complete system. (orig.)

Comparison of different options for harvest of a therapeutic protein product from high cell density yeast fermentation broth.

Science.gov (United States)

Wang, Alice; Lewus, Rachael; Rathore, Anurag S

2006-05-05

Recovery of therapeutic protein from high cell density yeast fermentations at commercial scale is a challenging task. In this study, we investigate and compare three different harvest approaches, namely centrifugation followed by depth filtration, centrifugation followed by filter-aid enhanced depth filtration, and microfiltration. This is achieved by presenting a case study involving recovery of a therapeutic protein from Pichia pastoris fermentation broth. The focus of this study is on performance of the depth filtration and the microfiltration steps. The experimental data has been fitted to the conventional models for cake filtration to evaluate specific cake resistance and cake compressibility. In the case of microfiltration, the experimental data agrees well with flux predicted by shear induced diffusion model. It is shown that, under optimal conditions, all three options can deliver the desired product recovery ( >80%), harvest time ( making a final decision on a harvesting approach.

48 CFR 17.107 - Options.

Science.gov (United States)

2010-10-01

... 48 Federal Acquisition Regulations System 1 2010-10-01 2010-10-01 false Options. 17.107 Section 17... CONTRACT TYPES SPECIAL CONTRACTING METHODS Multiyear Contracting 17.107 Options. Benefits may accrue by including options in a multiyear contract. In that event, contracting officers must follow the requirements...

Balancing of solar heating options

NARCIS (Netherlands)

Veltkamp, W.B.; van Koppen, C.W.J.; Ouden, den C.

1984-01-01

In the field of energy conservation many options are presently competing. This study aims at providing more rational criteria for selection between these options.The options considered are; insulation of the walls, regeneration of the heat in the waste air, double glazing, attached sunspace at the

Stock option repricing in Europe

NARCIS (Netherlands)

Sauer, M.; Sautner, Z.

2008-01-01

This paper investigates the link between option repricing, firm performance and corporate governance in Europe. Our sample consists of 77 European firms that repriced their stock option between 1987 and 2003. We document that option repricing is mainly a phenomenon for young and fast growing firms

48 CFR 2917.207 - Exercising options.

Science.gov (United States)

2010-10-01

... 48 Federal Acquisition Regulations System 7 2010-10-01 2010-10-01 false Exercising options. 2917... AND CONTRACT TYPES SPECIAL CONTRACTING METHODS Options 2917.207 Exercising options. The contracting officer must use a standardized determination and finding before exercising an option in accordance with...

Pricing long-term options with stochastic volatility and stochastic interest rates

NARCIS (Netherlands)

van Haastrecht, A.

2010-01-01

The markets for long-term options have expanded tremendously over the last decade. Nowadays many of these derivatives along with pension schemes and insurance products depend on joint changes in stock prices, interest rates and inflation. As a result the dependencies between the underlying assets

Innovative assistive technology in Finnish public elderly-care services: a focus on productivity.

Science.gov (United States)

Melkas, Helinä

2013-01-01

The study investigates ways in which technology use may help municipalities improve productivity in elderly-care services. A case study of Finnish elderly-care services provides responses concerning impacts, decisions and options in technology use. The research data were collected during a 'smart home pilot' implemented in four housing service units. Over 60 assistive devices were introduced in the smart homes used during short-term housing periods. Both customers and care staff's experiences as well as processes related to the use of assistive devices were investigated on the basis of survey questionnaires, interviews and feedback. Assistive device-related operational processes were investigated with the help of concepts of 'resource focus', 'lost motion' and 'intermediate storage'. Four central operational processes were identified. Design and desirability as well as costs, such as opportunity costs of assistive devices were also a focus. Significant factors related to productivity were disclosed in this way. Technology use versus productivity needs to be 'circled' from the points of view of individual users, workplaces, service processes, and larger technology options. There must be long-term patience to introduce technology properly into use to produce positive impacts on productivity. Customers and care staff have an interlinked, vital role to play as decision-makers' informants.

Efficient pricing of Asian options under Lévy processes based on Fourier cosine expansions Part I : European-style products

NARCIS (Netherlands)

Zhang, B.; Oosterlee, C.W.

2011-01-01

We propose an efficient pricing method for arithmetic, and geometric, Asian options under Levy processes, based on Fourier cosine expansions and Clenshaw–Curtis quadrature. The pricing method is developed for both European–style and American–style Asian options, and for discretely and continuously

Compensation for Distributed Solar. A Survey of Options to Preserve Stakeholder Value

Energy Technology Data Exchange (ETDEWEB)

Flores-Espino, Francisco [National Renewable Energy Lab. (NREL), Golden, CO (United States)

2015-09-01

Compensation mechanisms for electricity generation systems installed behind the meter are under scrutiny in several jurisdictions in the United States. Legislators in 29 states introduced bills to amend net metering provisions in 2014, and in 33 states in the 2015 legislative session as of August 20, 2015. Some utilities have also sought to increase the revenue they receive from net-metered customers through rate redesign. The circumstances that have triggered the recent push for change include a growing percentage of net-metered customers, potential effects of distributed generation on cost allocation, decreasing photovoltaic (PV) system costs, the challenges of integrating high levels of solar generation in the distribution network, and increasing pressure on utility business models. This report presents a survey of options to charge and compensate PV customers, as well as options that may preserve utility revenues in scenarios with increased DG. These options could be used as building blocks to create a distributed generation (DG) compensation policy that may preserve the value of the different stakeholders and balance their interests.

Migration for Environmentally Displaced Pacific Peoples: Legal Options in the Pacific Rim

OpenAIRE

Tabucanon, Gil Marvel

2012-01-01

This paper explores the complex relationship between the environment and migration, namely the various protection options available for environmentally-displaced Pacific peoples under the laws of the United States, Canada, Australia, and New Zealand. It seeks to ascertain whether flexibility exists in these countries' domestic laws for environmental migrants from neighboring Pacific countries. It asks if humanitarian and ministerial discretion admissions and preferential admission schemes suf...

Typology of Options for Metal Recycling: Australia’s Perspective

Directory of Open Access Journals (Sweden)

Artem Golev

2015-12-01

Full Text Available While Australia has traditionally relied on obtaining metals from primary sources (namely mined natural resources, there is significant potential to recover metals from end-of-life-products and industrial waste. Although any metals recycling value chain requires a feasible technology at its core, many other non-technical factors are key links in the chain, which can compromise the overall viability to recycle a commodity and/or product. The “Wealth from Waste” Cluster project funded by the Commonwealth Scientific Industrial Research Organisation (CSIRO Flagship Collaboration Fund and partner universities is focusing on identifying viable options to “mine” metals contained in discarded urban infrastructure, manufactured products and consumer goods. A key aspect of this research is to understand the critical non-technical barriers and system opportunities to enhance rates of metals recycling in Australia. Work to date has estimated the mass and current worth of metals in above ground resources. Using these outcomes as a basis, a typology for different options for (metal reuse and recycling has been developed to classify the common features, which is presented in this article. In addition, the authors investigate the barriers and enablers in the recycling value chain, and propose a set of requirements for a feasible pathway to close the material loop for metals in Australia.

Perpetual Cancellable American Call Option

OpenAIRE

Emmerling, Thomas J.

2010-01-01

This paper examines the valuation of a generalized American-style option known as a Game-style call option in an infinite time horizon setting. The specifications of this contract allow the writer to terminate the call option at any point in time for a fixed penalty amount paid directly to the holder. Valuation of a perpetual Game-style put option was addressed by Kyprianou (2004) in a Black-Scholes setting on a non-dividend paying asset. Here, we undertake a similar analysis for the perpetua...

Sustainability Features of Nuclear Fuel Cycle Options

Directory of Open Access Journals (Sweden)

Stefano Passerini

2012-09-01

Full Text Available The nuclear fuel cycle is the series of stages that nuclear fuel materials go through in a cradle to grave framework. The Once Through Cycle (OTC is the current fuel cycle implemented in the United States; in which an appropriate form of the fuel is irradiated through a nuclear reactor only once before it is disposed of as waste. The discharged fuel contains materials that can be suitable for use as fuel. Thus, different types of fuel recycling technologies may be introduced in order to more fully utilize the energy potential of the fuel, or reduce the environmental impacts and proliferation concerns about the discarded fuel materials. Nuclear fuel cycle systems analysis is applied in this paper to attain a better understanding of the strengths and weaknesses of fuel cycle alternatives. Through the use of the nuclear fuel cycle analysis code CAFCA (Code for Advanced Fuel Cycle Analysis, the impact of a number of recycling technologies and the associated fuel cycle options is explored in the context of the U.S. energy scenario over 100 years. Particular focus is given to the quantification of Uranium utilization, the amount of Transuranic Material (TRU generated and the economics of the different options compared to the base-line case, the OTC option. It is concluded that LWRs and the OTC are likely to dominate the nuclear energy supply system for the period considered due to limitations on availability of TRU to initiate recycling technologies. While the introduction of U-235 initiated fast reactors can accelerate their penetration of the nuclear energy system, their higher capital cost may lead to continued preference for the LWR-OTC cycle.

Thermodynamic and economic analysis of integrating lignocellulosic bioethanol production in a Danish combined heat and power unit

DEFF Research Database (Denmark)

Lythcke-Jørgensen, Christoffer Ernst; Haglind, Fredrik; Clausen, Lasse Røngaard

bioethanol production in the Danish CHP unit Avedøreværket 1. Numerical models of the plants were developed, and feasible integration solutions were identified and optimised using exergy analysis. Hour-wise production simulations were run over a reference year, and market prices and economic parameters from...

Options of biofuel trade from Central and Eastern to Western European countries

International Nuclear Information System (INIS)

van Dam, J.; Faaij, A.P.C.; Lewandowski, I.; Van Zeebroeck, B.

2009-01-01

Central and Eastern European countries (CEEC) have a substantial biomass production and export potential. The objective of this study is to assess whether the market for biofuels and trade can be profitable enough to realize a supply of biofuels from the CEEC to the European market and to estimate the cost performance of the energy carriers delivered. Five NUTS-2 (Nomenclature d'Unites Territoriales Statistiques) regions with high biomass production potentials in Poland, Romania, Hungary and the Czech Republic were analysed for biofuel export options. From these regions pellets from willow can be provided to destination areas in Western European countries (WEC) at costs of 105.2-219.8 EUR t -1 . Ethanol can be provided at 11.95-20.89 EUR per GJ if the biomass conversion is performed at the destination areas in the WEC or at 14.84-17.83 EUR GJ -1 J if the biomass to ethanol conversion takes place (at small scale) at the CEEC region where the biomass is produced. Short sea shipping shows most cost advantages for longer distance international transport compared to inland waterway shipping and railway. Another reason for lower biofuel supply costs are shorter distances between the regions of biomass production and the destination areas. Therefore the Szczecin region in Poland, closely located to the Baltic Sea, shows a better economic performance for long distance trade of biomass production than the selected region in Hungary ('land-locked'). It is concluded that in future key CEEC regions can supply (pre-treated) biomass and biofuels to the European market at cost levels, which are sound and attractive to current and expected diesel and gasoline prices. (author)