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Macroeconomic impacts of oil price volatility: mitigation and resilience

Zoheir EBRAHIM, Oliver R. INDERWILDI, David A. KING

《能源前沿(英文)》 2014年 第8卷 第1期   页码 9-24 doi: 10.1007/s11708-014-0303-0

摘要: Dependency on oil-derived fuels in various sectors, most notably in mobility, has left the global economy vulnerable to several macroeconomic economic side effects. Numerous studies have addressed the effect of price volatility on specific economic parameters. However, the current literature lacks a comprehensive review of the interactions between global macroeconomic performance and oil price volatility (OPV). Price volatility is intrinsic in commodity markets, but has been advancing at a faster rate in the crude oil market in comparison to other commodities over the past decade, reflecting the status of oil as the most globalised commodity. In this paper, the analytical literature review and analysis of the behavioral responses of macroeconomic agents to OPV shows that such volatility has several damaging and destabilizing macroeconomic impacts that will present a fundamental barrier to future sustainable economic growth if left unchecked. To ensure macroeconomic isolation from OPV, a combination of supply and demand-side policies have been recommended that can help to mitigate and build resilience to the economic uncertainty advanced by OPV.

关键词: conventional oil     price volatility     macroeconomy     economic stability     energy security    

On Social-technical Control of Safety Development in Economic Transition Background

Xue-qiu He,Song Li

《工程管理前沿(英文)》 2015年 第2卷 第3期   页码 234-240 doi: 10.15302/J-FEM-2015025

摘要: Industrial safety and economic growth, two vital and inextricable forces affecting national culture and development, are worthy of much more interest and attention than this article can hope to generate. Following economic growth, industrial safety remains as a high priority in this nation’s quest for sustainable development. At present, while China is on its way to transforming its economic structure and growth models, talk of industrial safety appears with special regularity, for it also is undergoing profound changes as an important facet of modern China.

关键词: safety development     economic growth     economic transition     social-technical control    

The Spatial Spillover Effects of Infrastructure on Economic Growth in Shenyang Economic Zone

Ying-hui Xiang,Ting-ting Zhang,Qiu-yang Ren

《工程管理前沿(英文)》 2016年 第3卷 第3期   页码 290-293 doi: 10.15302/J-FEM-2016041

摘要: This article analyses the spatial spillover effects of infrastructure on regional economic growth by using the panel data of eight cities of Shenyang Economic Zone from 2001 to 2013. The empirical results of this paper indicate: (1) The infrastructure of adjacent regions have positive effects on local economic growth, demonstrating that the spillover effects of infrastructure in Shenyang Economic Zone are positive; (2) if one ignores the spillover effects of infrastructure, one will overestimate the effects of local infrastructure on local economic growth; (3) the effects of local infrastructure on local economic growth are far greater than those of adjacent regions; (4) there is great difference in spillover effects of infrastructure of different cities in the economic zone, which is related to the level of economic development.

关键词: Shenyang Economic Zone     infrastructure     spatial spillover     economic growth     coordinated development    

Artificial bee colony optimization for economic dispatch with valve point effect

Yacine LABBI,Djilani Ben ATTOUS,Belkacem MAHDAD

《能源前沿(英文)》 2014年 第8卷 第4期   页码 449-458 doi: 10.1007/s11708-014-0316-8

摘要: In recent years, various heuristic optimization methods have been proposed to solve economic dispatch (ED) problem in power systems. This paper presents the well-known power system ED problem solution considering valve-point effect by a new optimization algorithm called artificial bee colony (ABC). The proposed approach has been applied to various test systems with incremental fuel cost function, taking into account the valve-point effects. The results show that the proposed approach is efficient and robust when compared with other optimization algorithms reported in literature.

关键词: artificial bee colony (ABC) algorithm     economic dispatch (ED)     valve-point effect     optimization    

Life-cycle assessment and techno-economic analysis of the production of wood vinegar from stem: a case

《化学科学与工程前沿(英文)》 2023年 第17卷 第8期   页码 1109-1121 doi: 10.1007/s11705-022-2296-2

摘要: This research undertook a case study of the life-cycle assessment and techno-economic analysis of the slow pyrolysis of Eucommia stem for the production of wood vinegar and activated carbon. The results showed that the production of one ton of wood vinegar via the slow pyrolysis of Eucommia stem show comparatively low global warming potential (2.37 × 102 kg CO2 eq), primary energy demand (3.16 × 103 MJ), acidification potential (2.19 kg SO2 eq), antimony depletion potential (3.86 × 10–4 kg antimony eq), and ozone depletion potential (7.46 × 10–6 kg CFC-11 eq) and was more environmentally friendly than the production of dilute acetic acid (12 wt %) via petrochemical routes. Meanwhile, the total capital investment, total product cost, and cash flowsheet were provided in the techno-economic analysis. Then, the net present value, internal rate of return, and dynamic payback period of the production process were evaluated. The findings indicated that while this production process is cost-effective, it might not be economically attractive or could generate investment risks. An increase in the added value of the wood vinegar and the activated carbon could remarkably improve the economic feasibility of this production process.

关键词: life-cycle assessment     techno-economic analysis     wood vinegar     activated carbon     Eucommia    

Solvates and polymorphs of clindamycin phosphate: Structural, thermal stability and moisture stability

Junbo Gong, Dejiang Zhang, Yuanyuan Ran, Keke Zhang, Shichao Du

《化学科学与工程前沿(英文)》 2017年 第11卷 第2期   页码 220-230 doi: 10.1007/s11705-017-1624-4

摘要: Clindamycin phosphate (CP), an antibacterial agent, has been reported to form several solid-state forms. The crystal structures of two CP solvates, a dimethyl sulfoxide (DMSO) solvate and a methanol/water solvate (solvate V), have been determined by single crystal X-ray diffraction. The properties and transformations of these forms were characterized by powder X-ray diffraction, Single-crystal X-ray diffraction, differential scanning calorimetry, thermo gravimetric analysis, hot-stage microscopy, and dynamic vapor sorption. Very different hydrogen bonding networks exist among the host-host and host-solvent molecules in the two crystal structures, resulting in different moisture stabilities. The thermal stabilities of the two solvates upon heating and desolvation were also studied. When the temperature was above the boiling point of methanol, solvate V converted to a polymorphic phase after a one step desolvation process, whereas the desolvation temperature of the DMSO solvate was below the boiling point of DMSO. At the relative humidity above 43%, the DMSO solvate transformed to a hydrate at 25 °C. In contrast, solvate V did not transform at any of the humidities studied.

关键词: clindamycin phosphate     solvate     crystal structure     thermal stability     moisture stability    

Mass and heat balance calculations and economic evaluation of an innovative biomass pyrolysis project

Quanyuan WEI, Yongshui QU, Tianwei TAN

《化学科学与工程前沿(英文)》 2011年 第5卷 第3期   页码 355-361 doi: 10.1007/s11705-010-0567-9

摘要: Biomass can be converted into flammable gas, charcoal, wood vinegar, wood tar oil and noncombustible materials with thermo-chemical pyrolysis reactions. Many factors influence these processes, such as the properties of the raw materials, and temperature control and these will affect the products that are produced. Based on the data from a straw pyrolysis demonstration project, the mass and heat balance of the biomass pyrolysis process were analyzed. The statistical product and service solutions (SPSS) statistical method was used to analyze the data which were monitored on-site. A cost-benefit analysis was then used to study the viability of commercializing the project. The analysis included net present value, internal rate of return and investment payback period. These results showed that the straw pyrolysis project has little risk, and will produce remarkable economic benefits.

关键词: mass balance     heat balance     biomass pyrolysis     economic benefit    

Environmental and economic assessment of vegetable oil production using membrane separation and vapor

Weibin Kong, Qi Miao, Peiyong Qin, Jan Baeyens, Tianwei Tan

《化学科学与工程前沿(英文)》 2017年 第11卷 第2期   页码 166-176 doi: 10.1007/s11705-017-1616-4

摘要: Solvent extraction of crude oil from oilseeds is widely applied for its high production capacity and low cost. In this process, solvent recovery and tail gas treatment are usually performed by adsorption, paraffin scrubbing, or even cryogenics (at low tail gas flow rates). Membrane separation, which has a lower energy consumption than these techniques, spans a broad range of admissible concentrations and flow rates, and is moreover easily combined with other techniques. Vapor recompression has potentials to reduce the heat loss in association with distillation and evaporation. In this study, we proved the possibility of combining membrane separation and vapor recompression to improve the conventional vegetable oil production, by both experiments and process simulation. Nearly 73% of energy can be saved in the process of vegetable oil extraction by the novel processing approach. By further environmental assessment, several impact categories show that the optimized process is environmentally sustainable.

关键词: vegetable oil     solvent-extraction     membrane separation     vapor recompression     environmental and economic assessment    

Thermodynamic and economic analyses of a coal and biomass indirect coupling power generation system

Buqing YE, Rui ZHANG, Jin CAO, Bingquan SHI, Xun ZHOU, Dong LIU

《能源前沿(英文)》 2020年 第14卷 第3期   页码 590-606 doi: 10.1007/s11708-020-0809-6

摘要: The coal and biomass coupling power generation technology is considered as a promising technology for energy conservation and emission reduction. In this paper, a novel coal and biomass indirect coupling system is proposed based on the technology of biomass gasification and co-combustion of coal and gasification gas. For the sake of comparison, a coal and biomass direct coupling system is also introduced based on the technology of co-combustion of coal and biomass. The process of the direct and the indirect coupling system is simulated. The thermodynamic and economic performances of two systems are analyzed and compared. The simulation indicates that the thermodynamic performance of the indirect coupling system is slightly worse, but the economic performance is better than that of the direct coupling system. When the blending ratio of biomass is 20%, the energy and exergy efficiencies of the indirect coupling system are 42.70% and 41.14%, the internal rate of return (IRR) and discounted payback period (DPP) of the system are 25.68% and 8.56 years. The price fluctuation of fuels and products has a great influence on the economic performance of the indirect coupling system. The environmental impact analysis indicates that the indirect coupling system can inhibit the propagation of NO and reduce the environmental cost.

关键词: biomass     indirect coupling system     process simulation     thermodynamic analysis     economic analysis    

Thermo-economic analysis of a direct supercritical CO electric power generation system using geothermal

《能源前沿(英文)》 2022年 第16卷 第2期   页码 246-262 doi: 10.1007/s11708-021-0749-9

摘要: A comprehensive thermo-economic model combining a geothermal heat mining system and a direct supercritical CO2 turbine expansion electric power generation system was proposed in this paper. Assisted by this integrated model, thermo-economic and optimization analyses for the key design parameters of the whole system including the geothermal well pattern and operational conditions were performed to obtain a minimal levelized cost of electricity (LCOE). Specifically, in geothermal heat extraction simulation, an integrated wellbore-reservoir system model (T2Well/ECO2N) was used to generate a database for creating a fast, predictive, and compatible geothermal heat mining model by employing a response surface methodology. A parametric study was conducted to demonstrate the impact of turbine discharge pressure, injection and production well distance, CO2 injection flowrate, CO2 injection temperature, and monitored production well bottom pressure on LCOE, system thermal efficiency, and capital cost. It was found that for a 100 MWe power plant, a minimal LCOE of $0.177/kWh was achieved for a 20-year steady operation without considering CO2 sequestration credit. In addition, when CO2 sequestration credit is $1.00/t, an LCOE breakeven point compared to a conventional geothermal power plant is achieved and a breakpoint for generating electric power generation at no cost was achieved for a sequestration credit of $2.05/t.

关键词: geothermal heat mining     supercritical CO2     power generation     thermo-economic analysis     optimization    

Relationship between electricity consumption and economic growth of Guangdong Province in China

Lianhong LV, Hong LUO, Baoliu ZHANG

《能源前沿(英文)》 2012年 第6卷 第4期   页码 351-355 doi: 10.1007/s11708-012-0209-7

摘要: Guangdong is a province with the most electricity consumption (EC) and the fastest economic growth in China. However, there has long been a contradiction between electricity supply and demand in Guangdong and this trend may exist for a long time in the foreseeable future. Therefore, the research on the relationship between EC and economic growth of Guangdong is of very important practical significance to the formulation of relevant policy. In this paper, the econometrics method of granger causality test and co-integration test is used to analyze the relationship between EC and economic growth of Guangdong from 1978 to 2010. The results indicate that there is unidirectional causality between the economic growth and the EC, and the growth of gross domestic product (GDP) and gross industrial output value (GIOV) is the impetus to promote the growth of installedβcapacity (ICAP) and the EC. Therefore, the appropriate restraint of excessive growth of power industry will not necessarily slow down economic growth. There has been a long-term stable equilibrium relationship between the EC and the economic growth. When the GDP and GIOV grows 1 unit respectively, the EC of Guangdong province will increase 0.97 and 0.64 unit respectively. The long-term marginal utility of the EC is more than 1.

关键词: co-integration     granger causality     electricity consumption (EC)     economic growth    

Environment and economic feasibility of municipal solid waste central sorting strategy: a case study

Hua ZHANG, Zongguo WEN, Yixi CHEN

《环境科学与工程前沿(英文)》 2016年 第10卷 第4期 doi: 10.1007/s11783-016-0852-z

摘要: The Green House program reduced the amount of waste by 34%. The Green House is now running with a monthly loss of 1982 CNY. Involve government, expand scale, use professional technology are main suggestions. Improved program can reduce the amount of waste by 37% (33.8 tons monthly). Improved program can flip the loss into a profit worth 35034 CNY monthly. Although Beijing has carried out municipal solid waste (MSW) source separation since 1996, it has largely been ineffective. In 2012, a “Green House” program was established as a new attempt for central sorting. In this study, the authors used material flow analysis (MFA) and cost benefit analysis (CBA) methods to investigate Green House’s environment and economic feasibility. Results showed that the program did have significant environmental benefits on waste reduction, which reduced the amount of waste by 34%. If the Green House program is implemented in a residential community with wet waste ratio of 66%, the proportion of waste reduction can reach 37%. However, the Green House is now running with a monthly loss of 1982 CNY. This is mainly because most of its benefits come from waste reduction (i.e., 5878 CNY per month), which does not turn a monetary benefit, but is instead distributed to the whole of society as positive environmental externalities. Lack of government involvement, small program scale, and technical/managerial deficiency are three main barriers of the Green House. We, thus, make three recommendations: involve government authority and financial support, expand the program scale to separate 91.4 tons of waste every month, and use more professional equipment/technologies. If the Green House program can successfully adopt these suggestions, 33.8 tons of waste can be reduced monthly, and it would be able to flip the loss into a profit worth 35034 CNY.

关键词: Environment and economic feasibility     Municipal solid waste (MSW)     Waste central sorting     Green House    

Evaluation and prediction of slope stability using machine learning approaches

《结构与土木工程前沿(英文)》 2021年 第15卷 第4期   页码 821-833 doi: 10.1007/s11709-021-0742-8

摘要: In this paper, the machine learning (ML) model is built for slope stability evaluation and meets the high precision and rapidity requirements in slope engineering. Different ML methods for the factor of safety (FOS) prediction are studied and compared hoping to make the best use of the large variety of existing statistical and ML regression methods collected. The data set of this study includes six characteristics, namely unit weight, cohesion, internal friction angle, slope angle, slope height, and pore water pressure ratio. The whole ML model is primarily divided into data preprocessing, outlier processing, and model evaluation. In the data preprocessing, the duplicated data are first removed, then the outliers are filtered by the LocalOutlierFactor method and finally, the data are standardized. 11 ML methods are evaluated for their ability to learn the FOS based on different input parameter combinations. By analyzing the evaluation indicators R 2, MAE, and MSE of these methods, SVM, GBR, and Bagging are considered to be the best regression methods. The performance and reliability of the nonlinear regression method are slightly better than that of the linear regression method. Also, the SVM-poly method is used to analyze the susceptibility of slope parameters.

关键词: slope stability     factor of safety     regression     machine learning     repeated cross-validation    

A hybrid BFA-PSO algorithm for economic dispatch with valve-point effects

T. Jayabarathi, Prateek Bahl, Harsha Ohri, Afshin Yazdani, V. Ramesh

《能源前沿(英文)》 2012年 第6卷 第2期   页码 155-163 doi: 10.1007/s11708-012-0189-7

摘要: This paper presents a novel and efficient method for solving the economic dispatch (ED) problems with valve-point effects, by integrating the biased velocity of particle swarm optimization (PSO) to the chemotaxis, swarming and reproduction steps of bacterial foraging algorithm (BFA). To include valve point effects sinusoidal terms are added to the fuel cost function. This makes the ED problems highly non-linear. In order to solve such problems the best cell (or particle) biased velocity (vector) is added to the random velocity of the BFA to reduce randomness in movement (evolution) and to increase swarming. This results in the hybrid bacterial foraging algorithm (HBFA). To demonstrate the effectiveness of the proposed HBFA method, numerical studies have been performed for three different sample systems. Comparison of the results obtained by the HBFA with the BFA and other evolutionary algorithms clearly show that the proposed method outperforms other methods in terms of convergence rate and solution quality in solving the ED problems with valve-point effects.

关键词: bacterial foraging algorithm (BFA)     economic dispatch (ED)     particle swarm optimization (PSO)     valve-point effects    

Process simulation and economic analysis of reactor systems for perfluorinated compounds abatement without

Boreum Lee,Sunggeun Lee,Ho Young Jung,Shin-Kun Ryi,Hankwon Lim

《化学科学与工程前沿(英文)》 2016年 第10卷 第4期   页码 526-533 doi: 10.1007/s11705-016-1590-2

摘要: New and efficient reactor systems were proposed to treat perfluorinated compounds via catalytic decomposition. One system has a single reactor (S-1), and another has a series of reactors (S-2). Both systems are capable of producing a valuable CaF and eliminating toxic HF effluent and their feasibility was studied at various temperatures with a commercial process simulator, Aspen HYSYS . They are better than the conventional system, and S-2 is better than S-1 in terms of CaF production, a required heat for the system, natural gas usage and CO emissions in a boiler, and energy consumption. Based on process simulation results, preliminary economic analysis shows that cost savings of 12.37% and 13.55% were obtained in S-2 at 589.6 and 621.4 °C compared to S-1 at 700 and 750 °C, respectively, for the same amount of CaF production.

关键词: perfluorinated compounds (PFCs)     CF4     process simulation     economic analysis    

标题 作者 时间 类型 操作

Macroeconomic impacts of oil price volatility: mitigation and resilience

Zoheir EBRAHIM, Oliver R. INDERWILDI, David A. KING

期刊论文

On Social-technical Control of Safety Development in Economic Transition Background

Xue-qiu He,Song Li

期刊论文

The Spatial Spillover Effects of Infrastructure on Economic Growth in Shenyang Economic Zone

Ying-hui Xiang,Ting-ting Zhang,Qiu-yang Ren

期刊论文

Artificial bee colony optimization for economic dispatch with valve point effect

Yacine LABBI,Djilani Ben ATTOUS,Belkacem MAHDAD

期刊论文

Life-cycle assessment and techno-economic analysis of the production of wood vinegar from stem: a case

期刊论文

Solvates and polymorphs of clindamycin phosphate: Structural, thermal stability and moisture stability

Junbo Gong, Dejiang Zhang, Yuanyuan Ran, Keke Zhang, Shichao Du

期刊论文

Mass and heat balance calculations and economic evaluation of an innovative biomass pyrolysis project

Quanyuan WEI, Yongshui QU, Tianwei TAN

期刊论文

Environmental and economic assessment of vegetable oil production using membrane separation and vapor

Weibin Kong, Qi Miao, Peiyong Qin, Jan Baeyens, Tianwei Tan

期刊论文

Thermodynamic and economic analyses of a coal and biomass indirect coupling power generation system

Buqing YE, Rui ZHANG, Jin CAO, Bingquan SHI, Xun ZHOU, Dong LIU

期刊论文

Thermo-economic analysis of a direct supercritical CO electric power generation system using geothermal

期刊论文

Relationship between electricity consumption and economic growth of Guangdong Province in China

Lianhong LV, Hong LUO, Baoliu ZHANG

期刊论文

Environment and economic feasibility of municipal solid waste central sorting strategy: a case study

Hua ZHANG, Zongguo WEN, Yixi CHEN

期刊论文

Evaluation and prediction of slope stability using machine learning approaches

期刊论文

A hybrid BFA-PSO algorithm for economic dispatch with valve-point effects

T. Jayabarathi, Prateek Bahl, Harsha Ohri, Afshin Yazdani, V. Ramesh

期刊论文

Process simulation and economic analysis of reactor systems for perfluorinated compounds abatement without

Boreum Lee,Sunggeun Lee,Ho Young Jung,Shin-Kun Ryi,Hankwon Lim

期刊论文