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Most commercial gaseous and liquid fuels are mixtures of multiple chemical compounds. In recent years, these mixtures became even more complicated when the suppliers started to admix biofuels into the petrochemical basic fuels. As the properties of such mixtures can vary with composition, there...
Persistent link: https://www.econbiz.de/10011262970
Over the last decade global natural gas consumption has steadily increased since many industrialized countries are substituting natural gas for coal to generate electricity. There is also significant industrialization and economic growth of the heavily populated Asian countries of India and...
Persistent link: https://www.econbiz.de/10010668149
In this article, the U.S. and southern Canadian natural gas supply market is considered. An important model for oil and natural gas supply is the Hubbert curve. Not all regions of the world are producing oil or natural gas following a Hubbert curve, even when price and market conditions are...
Persistent link: https://www.econbiz.de/10010676002
This study estimates the fiscal, energy, and environmental tradeoffs involved in supplying California’s future energy needs. An integrated framework is developed whereby an econometric forecasting system of California energy demand is coupled with engineering-economic models of energy supply,...
Persistent link: https://www.econbiz.de/10010676003
Economies are fueled by energy produced in excess of the amount required to drive the energy production process. Therefore any successful society’s energy resources must be both abundant and exploitable with a high ratio of energy return on energy invested (EROI). Unfortunately most of the...
Persistent link: https://www.econbiz.de/10010676116
In this paper we demonstrate the potential of combining electric hybridization with a dual-fuel natural gas-Diesel engine. We show that carbon dioxide emissions can be reduced to 43 gram per kilometer with a subcompact car on the New European Driving Cycle (NEDC). The vehicle is operated in...
Persistent link: https://www.econbiz.de/10010678507
We investigate the pricing formation of natural gas markets on three different continents (Europe, Asia and North America). We find that natural gas markets showed a strong relationship with the crude oil market between 1992 and 2001 and natural gas prices tended to thermal parity with crude oil...
Persistent link: https://www.econbiz.de/10011030731
Distributed generation with a combustion engine prime mover is still widely used to supply electric power in a variety of applications. These applications range from backup power supply systems and combined wind-diesel generation to providing power in places where grid connection is either...
Persistent link: https://www.econbiz.de/10010668091
Accurate power generation forecasting provides the basis of decision making for electric power industry development plans, energy conservation and environmental protection. Since the power generation time series are rarely purely linear or nonlinear, no single forecasting model can identify the...
Persistent link: https://www.econbiz.de/10010676093
Accurate forecasting of fossil fuel energy consumption for power generation is important and fundamental for rational power energy planning in the electricity industry. The least squares support vector machine (LSSVM) is a powerful methodology for solving nonlinear forecasting issues with small...
Persistent link: https://www.econbiz.de/10011147124