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We model oil price dynamics in a general equilibrium production economy with two goods: a consumption good and oil. Production of the consumption good requires drawing from oil reserves at a fixed rate. Investment necessary to replenish oil reserves is cos ...
Private financing and operations of public infrastructures – often also called Public-Private Partnerships or PPPs – are becoming increasingly important, especially in the case of developing countries. Different types of PPP instruments – among which in pa ...
Steam networks and their utilities should be dimensioned to satisfy day-to-day demand as well peaks. Peaks can be caused by unit start-ups, extreme weather conditions or combinations of high demand from process units. During maintenance operations or unexp ...
The industrial sector has a large presence in world energy consumption and CO2 emissions, which has made it one of the focal points for energy and resource efficiency studies. However, large investments are required to retrofit existing industrial plants, ...
