Distributed Generation based on Photovoltaic (PV-DG) injected in the power system is considered a highly promising solution due to the advantage of clean energy use. However, the investigation of the optimal PV-DG allocation (site and size) is a significant task for power system requirements and...

With the remarkable growth of natural gas consumption and the development of renewable energy worldwide in recent years, the penetration capacity of gas-fired generators and uncertain renewable energy has significantly become larger, which poses a great challenge to the reliable and economic...

In this paper, a new multi-objective technique has been proposed for optimal analysis of three different candidate heat pump solutions including the vapor compression cycle (VCC), trans-critical R744 cycle, and Peltier device to determine which one gives the best configuration and better...

Recently, the application of the proton exchange membrane fuel cells (PEMFCs) is extensively increasing as a popular renewable energy source. PEMFCs need low temperature for the operation along with high power density and easy implementation ability. These characteristics turned them into the...

This paper proposes a new methodology for the optimal selection of the parameters for proton exchange membrane fuel cell (PEMFC) models. The proposed method is to optimal parameter selection of the circuit-based model of the PEMFC model to minimize the sum of squared error (SSE) value between...

This paper shows how to decompose weakly stationary time series into the sum, across time scales, of uncorrelated components associated with different degrees of persistence. In particular, we provide an Extended Wold Decomposition based on an isometric scaling operator that makes averages of...

This paper develops a dynamic model of schooling and occupational choices that incorporates personality traits, as measured by the "big five" traits. The model is estimated using the HILDA dataset from Australia. Personality traits are found to play an important role in explaining education and...

Large amounts of e-waste are processed "informally" in lower income countries. Such processing releases dangerous pollutants, which increase mortality and reduce cognitive functioning. This paper estimates the social cost of informal e-waste processing in Southern China. This parameter may be...

This paper considers the risk model perturbed by a diffusion process with a time delay in the arrival of the first two claims and takes into account dependence between claim amounts and the claim inter-occurrence times. Assuming that the time arrival of the first claim follows a generalized...

Mean-variance portfolio optimization is more popular than optimization procedures that employ downside risk measures such as the semivariance, despite the latter being more in line with the preferences of a rational investor. We describe strengths and weaknesses of semivariance and how to...