Most papers that study the recharging of electric vehicles focus on charging the batteries at home and at the work-place. The alternative is for owners to exchange the battery at a specially equipped battery switch station (BSS). This paper studies strategies for the BSS to buy and sell the...

The standard approach of evaluating flexible power plants in deregulated markets is by modelling the spark spread. While this takes account of the volatility of electricity prices and cost of gas and CO2, it does not take account of technical costs (such as ramping up and down) and it ignores...

Securing stable long-term supplies of raw materials is vital for industrialized nations. China, Japan and South Korea are three countries in East Asia which import large quantities of raw material, especially metals and petroleum products. Unlike the other two, China has large mines and...

By analogy with Social Licence to Operate, Social Licence to Finance refers to the pressure put by society as a whole on the finance industry not to fund projects that are considered as socially undesirable/irresponsible. Because of coal's contribution to greenhouse gas emissions and hence to...

This paper presents a flexible new family of copula-based multivariate models designed for handling large numbers of variables (1) as random vectors in the static case or (2) as vector stochastic processes in the dynamic case. The family includes models with upper and lower tail dependence....

A two stage Rankine cycle for power generation is presented in this paper. It is made of a water steam Rankine cycle and an Organic Rankine bottoming Cycle. By using an organic working fluid with higher density than water, it is possible to reduce the installation size and to use an air-cooled...

In Europe, buildings tend to be equipped with individual air conditioners, which constitute a fast growing electrical end-use. In this context, this study aims to assess the environmental impacts of European individual air conditioners and to analyse policy strategies to reduce these impacts....

This article analyses long-term dynamic hedging strategies relying on term structure models of commodity prices and proposes a new way to calibrate the models which takes into account the errors associated to the hedge ratios. Different strategies, with maturities up to seven years, are tested...

This article analyses long-term dynamic hedging strategies relying on term structure models of commodity prices and proposes a new way to calibrate the models which takes into account the error associated with the hedge ratios. Different strategies, with maturities up to seven years, are tested...