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Electricity swing options are Bermudan-style path-dependent derivatives on electrical energy. We consider an electricity market driven by several exogenous risk factors and formulate the pricing problem for a class of swing option contracts with energy and ...
To be profitable, a geothermal energy system must effectively and economically convert a given resource into useful energy services to be delivered to the consumer during different periods of the year. These services include electricity, district heating, ...
The pulp and paper (P&P) industry in industrially mature countries is facing a long-term crisis. Large and modern manufacturing facilities in tropical regions emerge as new competitors. The constant increase of energy costs has also contributed to the fina ...
Concern for the environment has been steadily growing in recent years, and it is becoming more common to include environmental impact and pollution costs in the design problem along with construction, investment and operating costs. To economically respond ...
The current density in tokamak plasmas strongly affects transport phenomena, therefore its understanding and control represent a crucial challenge for controlled thermonuclear fusion. Within the vast framework of tokamak studies, three topics have been tac ...
Process integration techniques have been applied to study a bisulfite mill which produces pulp and three additional by- products: bioethanol, lignosulfonate and yeast. Particular attention was devoted to the integration of the chemical recycling loops whic ...
Solid oxide electrolyte membranes of sputter deposited yttria-stablized zirconia (YSZ) were integrated in silicon technology for applications in micro power generators fuelled by hydrogen or H2+CO. An electrochemically deposited nickel grid was used as mec ...
Elsevier Science, Reg Sales Off, Customer Support Dept, 655 Ave Of The Americas, New York, Ny 10010 Usa2009
A predictive optimal control system for micro-cogeneration in domestic applications has been developed. This system aims at integrating stochastic inhabitant behavior and meteorological conditions as well as modeling imprecisions, while defining operation s ...
Elsevier Science, Reg Sales Off, Customer Support Dept, 655 Ave Of The Americas, New York, Ny 10010 Usa2008
The solar chimney power facility has the potential to become a valuable technology for renewable energy production. Its financial viability depends on a thorough understanding of the processes affecting its performance, particularly because of the large st ...
Die Ausgangslage für das vorliegende Projekt war der Trend im Gebäudebereich zu sinkendem Wärmebedarf (insbesondere der Heizwärmebedarf), bei jedoch weiterhin steigendem Strombedarf, und die Vorstellung, dass auf der Versorgungsseite hochwertige, nicht ern ...