433 research outputs found
A review of potential barriers to the participation of electric vehicles in German balancing markets
As conventional flexibility providers are gradually being replaced by
variable renewable energies and electricity demand keeps rising, additional
flexibility will become increasingly valuable for the power system. Meanwhile,
new sources of flexibility known as distributed energy resources are starting
to emerge. Among them electric vehicles have a promising potential to provide
short-term frequency-control services. However their integration into balancing
markets faces various barriers. Based on the existing literature, this paper
aims at identifying which potential barriers exist in the case of the
participation of electric vehicles in German balancing markets
Information Gathering and Marketing
Consumers have only partial knowledge before making a purchase decision, but can choose
to acquire more detailed information. A Örm can make it easier or harder for these consumers to obtain such information. We explore consumersÃinformation gathering and the ÖrmÃs integrated strategy for marketing, pricing, and investment in quality. In particular, we highlight that when consumers are ex-ante heterogeneous, the Örm might choose an intermediate marketing strategy
for two quite di§erent reasons. First, it serves as a non-price means of discriminationó it can make information only partially available, in a way that induces some, but not all, consumers to acquire the information. Second, when the Örm cannot commit to a given investment in quality,
it can still convince all consumers of its provision by designing a pricing and marketing policy that induces some consumers to actively gather further information. This mass of consumers, in exchange, is su¢ ciently large to discipline the monopolist to invest in the quality of the
product
More on massive gravitino scattering amplitudes and the unitarity cutoff of the new Fayet-Iliopoulos terms
We extend the gravitino scattering amplitude computed in [1]
to an arbitrary supergravity model of one chiral and one vector
multiplet, in a Minkowski background with supersymmetry breaking driven by both
- and -terms. We find that the cancellation of the leading term in
, that would lead to a breakdown of
perturbative unitarity at a scale , is a
consequence of the vanishing of the scalar potential at its minimum, which is
implied by the flat background. We then analyse the inclusion of the new
Fayet-Iliopoulos (FI) terms. We find that, since they modify the scalar
potential without contributing to the amplitudes, they generically lead to
uncanceled leading terms in the latter and a perturbative cutoff at the
supersymmetry breaking scale, except for particular cases where the new FI term
does not modify the potential at its minimum and the cutoff is pushed up to the
Planck scale.Comment: 14 pages, 2 figure
Flandrian, a formation or just a name?
The name Flandrian is now used to indicate deposits of the FIandrian transgression or of the Holocene is a whole, particular in Anglo-Saxon literature. As most geological connotations, Flandrian has changed significance and chronostratigraphic age since it was created in 1885 by RUTOT and VAN DEN BROECX. At that time, Flandrian was a pleistocene "assise" which occurred at the end of long series of quaternary and tertiary stages. Therefore, it completed and still completes the geological traditions of the cenozoic sequence. Substages the Flandrian, as Calais and Dunkerque, are generally used, although there only exist type areas of both series instead of type localities. 'Work is going to define the type section in both areas of the Flemish Coastal Plain. It would be useful to re-establish the Flandrian stage on basis of these new investigations, as the last chronostratigraphic member of a continuous series in the cenozoic stratigraphical sequence
The real exchange rate, innovation and productivity
We evaluate manufacturing firms' responses to changes in the real exchange rate (RER)
using detailed firm-level data for a large set of countries for the period 2001-2010. We
uncover the following stylized facts: In emerging Asia, real depreciations are associated
with faster growth of firm-level TFP, sales and cashow, higher probabilities to engage
in R&D and export. We find no significant effects for firms from industrialized economies
and negative effects for firms in other emerging economies, which are less export-intensive
and more import-intensive. Motivated by these facts, we build a dynamic model in which
real depreciations raise the cost of importing intermediates, but increase demand and the
profitability to engage in exports and R&D, thereby relaxing borrowing constraints and
enabling more firms to overcome the fixed-cost hurdle for financing R&D. We decompose
the effects of RER changes on productivity growth into these channels and explain regional
heterogeneity in the effects of RER changes in terms of differences in export intensity,
import intensity and financial constraints. We estimate the model and quantitatively evaluate
the different mechanisms by providing counterfactual simulations of temporary real
exchange rate movements. Effects on physical TFP growth, while different across regions,
are non-linear and asymmetric
- …