15 research outputs found

    Designing an efficient tidal turbine blade through bio-mimicry: a systematic review

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    Purpose: This paper aims to conduct a comprehensive literature review in the tidal energy physics, the ocean environment, hydrodynamics of horizontal axis tidal turbines and bio-mimicry. Design/methodology/approach: The paper provides an insight of the tidal turbine blade design and need for renewable energy sources to generate electricity through clean energy sources and less CO2 emission. The ocean environment, along with hydrodynamic design principles of a horizontal axis tidal turbine blade, is described, including theoretical maximum efficiency, blade element momentum theory and non-dimensional forces acting on tidal turbine blades. Findings: This review gives an overview of fish locomotion identifying the attributes of the swimming like lift-based thrust propulsion, the locomotion driving factors: dorsal fins, caudal fins in propulsion, which enable the fish to be efficient even at low tidal velocities. Originality/value: Finally, after understanding the phenomenon of caudal fin propulsion and its relationship with tidal turbine blade hydrodynamics, this review focuses on the implications of bio-mimicking a curved caudal fin to design an efficient horizontal axis tidal turbine

    An empirical examination of moral hazards and adverse selection on PPP projects: A case study of Ghana

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    Purpose: Failures of public–private partnership (PPP) projects are often ascribed to the agency problem, which arise under conditions of inadequate and asymmetric information when a principal (the client) hires an agent (the contractor). This paper aims to identify the causes and effects of moral hazard and adverse selection on PPP construction projects using a synthesis of extant literature (to determine key variables) and analysis of survey questionnaire data collected. Design/methodology/approach: Mean score ranking was used to rank the causes and effects of moral hazard and adverse selection problems in PPP construction projects. One sample t-test was conducted to establish the relative significance of these variables. Findings: Effort dimensions (which are not verifiable), low transfer of risk, lack of accurate information about project conditions, wrong party chosen to execute project and renegotiation of contracts were the most significant causes of moral hazard and adverse selection problems in PPP construction projects. In addition, reduction of competition, high transaction costs, consequences on profitability of project, siphoning of funds and negative implications on enforceability of contract were the most significant effects of moral hazard and adverse selection problems in PPP construction projects. Practical implications: Application of these findings will help mitigating moral hazard and adverse selection problems occurring when undertaking PPP construction projects. Originality/value: Research findings provide guidance to construction stakeholders in the PPP sector on the different causes and effects of adverse selection and moral hazard. This pioneering study is the first to conduct an empirical assessment of the causes and effects of moral hazard and adverse selection of PPP construction projects in a developing country
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