Concept

Economic surplus

Related publications (22)

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In this paper, we propose an analytical stochastic dynamic programming (SDP) algorithm to address the optimal management problem of price-maker community energy storage. As a price-maker, energy storage smooths price differences, thus decreasing energy arb ...

China Electric Power Research Inst2024

Renewable Energy Integration and Waste Heat Recovery for the Production of Sustainable Jet Fuel and Decarbonization of Industrial Heating Applications

François Maréchal, Daniel Alexander Florez Orrego, Meire Ellen Gorete Ribeiro Domingos, Réginald Germanier

The process synthesis and optimization methods used in this work include simulation of biomass gasification, hydrogen and synthetic natural gas production, and jet fuel production via a Fisher Tropsch unit. An energy integration approach, carried out by th ...

American Institute of Chemical Engineering2023

This work evaluates the potential to produce synthetic nitrogen fertilizers by using sugarcane bagasse gasification in the São Paulo state, Brazil, aiming to increase the economic revenues and to decarbonize a chemical sector traditionally based on natural ...

2022

Globalization, outsourcing and cost optimization have all contributed to increased supply chain vulnerability, yet our understanding of effective mitigation strategies remains limited. In our research, we study the effects of disruptions on supply chain ne ...

EPFL2021

2021

SCCER JA-RED - Report on the performance of the implemented solutions with guidelines for subsequent implementation - D1.2.4

Luc Girardin, Luise Middelhauve

The foreseen important increase of the penetration of distributed renewable energies technologies into the electricity distribution grid is expected to lead to some major challenges. On the one hand, a large and synchronous production could lead in certain ...

2021

Solar-Electrochemical Devices for Water Splitting and Chlorine Generation

Enrico Chinello

Solar technologies hold the potential to ultimately counteract the effects of climate change. Nevertheless, the intermittency of sunlight poses technical challenges regarding the storage of the surplus production and the supply of the deficit. The generat ...

EPFL2019

This thesis develops three models that study the motivation of various agents to take on debt, and the impact that excessive financial leverage can have on social welfare. In the chapter "Short-term Bank Leverage and the Value of Liquid Reserves", the ince ...

EPFL2019

Transition of a South African sugar mill towards a biorefinery. A feasibility assessment

Edgard Gnansounou, Jegannathan Kenthorai Raman, Elia Mercedes Ruiz Pachon, Pavel Vaskan

The survival of the sugar industry in South Africa is under threat due to an unstable and low sugar price, high production cost and old infrastructure. At present, coal and sugarcane bagasse are used as fuels in an inefficient boiler to generate the heat a ...

ELSEVIER SCI LTD2018

Product Pricing in a Peer-to-Peer Economy

Thomas Alois Weber

The emergence of a collaborative economy has been driven by advances in information technology that allow consumers to borrow and rent goods among peers on a secondary sharing market. In a dynamic setting, consumers make intertemporal decisions about purch ...

2016