The congestion risk during escalator transfers was simulated based on a modified social force model. A four-stage transfer model was proposed. A projection strategy was employed to calculate the social forces for inclined surfaces, and a schedule-line model was proposed to calculate the targets...

In recent years, a large number of research works have been carried out in transmission expansion planning (TEP) field. TEP problem has been investigated with different views, methods, constraints, and objectives. Thus, it is required to evaluate and to overview the proposed works. This paper...

One of the policy goals motivating programs to increase renewable energy investment is that renewable electric generation will help reduce emissions of CO2 as well as emissions of conventional pollutants (e.g., SO2 and NOx). As a policy instrument, Renewable Portfolio Standards (RPS) encourage...

Abstract: According to the European Commission, Svenska Kraftnät, the Swedish network operator, might have violated competition rules by limiting cross-border transmission capacity to relieve congestion within Sweden. Eventually, the case was settled and Svenska Kraftnät offered commitments to...

Abstract: In November 2011 Sweden abolished the uniform national electricity price and introduced separate price zones. This was the result of an antitrust settlement between the Commission and the Swedish network operator, which was accused of discriminating between domestic and export...

Purpose – The non‐storable nature of electricity and the increasing complexity of financial instruments as a tool for hedging against risk make the area of research very useful in the real world. Many power portfolio optimization problems have been developed to combat the issue of risk...

This paper uses a unique data set on more than 600,000 mortgage contracts to estimate a credit supply function which allows for risk-heterogeneity. Non-linearity is modelled using quantile regressions. We propose an instrumental variable approach in which changes in the tax treatment of housing...

Residential mortgage products (also known as home loans) pricing has been long understood to be something of a ‘dark art’, requiring judgment and experience, rather than being an exact science. In the last decade, a lot has changed in this field and more and more lenders, primarily the...

In actuarial modelling of risk pricing and loss reserving in general insurance, also known as P&C or non-life insurance, there is business value in the predictive power and automation through machine learning. However, interpretability can be critical, especially in explaining to key...