Cost benefit analysis and data analytics for renewable energy and electrical energy storage

To accommodate with the global increase in the deployment of solar photovoltaic (PV) and energy storage system (ESS), a deterministic approach for sizing PV and ESS with anaerobic digestion biogas power plant; to meet a load demand will be presented in this plenary session. This aim is to maximize the sizing of PV to increase the security of energy supply. Energy economics for ESS will be a focus. Case study based on real-life data will be used to demonstrate the validity of the new approach

Application of Big Data in Smart Grid

In this paper, the state-of-The-Art of big data is reviewed. Challenges, opportunities and tools will be discussed. Some emerging technologies will be looked to promote big data applications. The applications of big data in smart grid in some countries will be summarized too.State Grid Corporation of Chin

International diversification with factor funds

We propose a new investment strategy employing "factor funds" to systematically enhance the meanvariance efficiency of international diversification. Our approach is motivated by the increasing evidence that size (SMB), book-to-market (HML), and momentum (MOM) factors, along with the market factor, adequately describe international stock returns, and by the direct link between investors' portfolio choice problems and international asset pricing theories and tests. Using data from 10 developed countries during the period 1981-2008, we show that the "augmented" optimal portfolio involving local factor funds substantially outperforms the "benchmark" optimal portfolio comprising country market indices only as measured by their portfolio Sharpe ratios. This strongly rejects the intersection hypothesis which posits that the local factor funds do not span investment opportunities beyond what country market indices do. Among the three classes of factor funds, HML funds contribute most to the efficiency gains. In addition, the local version of factor funds outperforms the global factor funds. The added gains from local factor diversification are significant for both in-sample and out-of-sample periods, and for a realistic range of additional investment costs for factor funds, and remain robust over time. Copyright © 2010 INFORMS.preprin

IEEE

To achieve net-zero emissions economy, the transition to online entertainment and retail, aging populations, urban population growth, and pressures on public finance have created huge interests for human to run cities differently and smartly. A term titled smart city is created which is considered as an idealistic city, where the quality of life for citizens is greatly improved by utilizing information and communication technology (ICT), new services, and new city infrastructures to efficiently achieve the value, such as sustainable and resilient development. The eco-sustainable method has to be used in several aspects, such as energy, mobility, environment, and social services. Research and development in smart cities is expanding exponentially. SMC is one of the core sponsors of the IEEE Smart Cities

Impact of dye interlayer on the performance of organic photovoltaic devices

The influences of buffer interlayer at the donor/acceptor interface on the open circuit voltage (VOC) of typical copper phthalocyanine (CuPc) / C60 organic photovoltaic devices are studied. Six fluorescent dyes with progressively increasing ionization potentials (I P) were used to investigate the factors influencing the VOC. The short-circuit current and fill factor of CuPc/ C60 device incorporating dye interlayer are lower than those of standard bilayer device. On the other hand, the VOC increases linearly with the I P of dye material and falls off when the I P is equal to or greater than 5.6 eV, in which the energy offset between the highest occupied molecular orbitals at the interlayer/ C60 heterojunction is smaller than the C60 exciton binding energy. The findings underscore the importance of energy offsets in photovoltaic responses. © 2009 American Institute of Physics.published_or_final_versio

Interactive energy management for networked microgrids with risk aversion

Department of Finance and Education of Guangdong Province 2016[202]: Key Discipline Construction Programme, China; Guangdong Foshan Power Construction Corporation Group Co. Ltd., Foshan, China

Valuing the option to prototype: A case study with Generation Integrated Energy Storage

EPSR

Durability and debond evaluation of high-rise concrete buildings using infrared thermography

Author name used in this publication: W. L. LaiRefereed conference paper2012-2013 > Academic research: refereed > Refereed conference paperOther VersionPublishe

Multi-View Collaborative Representation Classification

Department of Finance and Education of Guangdong Province 2016 [202]: Key Discipline Construction Program, China; Education Department of Guangdong Province: New and Integrated Energy System Theory and Technology Research Group [Project Number 2016KCXTD022]