Micro-grids are effective concepts and systems to interface renewable and sustainable energy resources into utility, which has been paid significant attention. In this paper, the policies and demonstrations of micro-grids for researches and developments, as well as practical applications in...

In this study, we investigate the tail dependency between bank stocks in China and 35 common risk factors. We measure univariate and multivariate conditional tail risk probabilities. The evidence indicates that tail events from risk factors in the banking, security trading, real estate, and...