This study investigates the energy and cost performance of hybrid renewable ground source heat pump (GSHP) and natural gas fueled fuel cell (FC) microgeneration systems serving multiple residential and small office buildings in Ottawa (Canada) and Incheon (South Korea). The study is performed by simulations in TRNSYS environment. The performance of the microgeneration system is compared to a GS...

Enhanced environmental quality, fuel security, and economic development along with reduced prices of ethanol–gasoline blends are often used as justifications for the U.S. federal excise tax exemption on ethanol fuels. However, the possible effect of increased overall consumption of fuel in response to lower total price, mitigating the environmental and fuel security benefits, are generally not ...

Recently Fisher-Vanden et al (2004) have used firm level data to estimate an energy intensity function for a large number of enterprises in China. This is the first study to use the regression approach to examining the relationships between fuel prices and fuel consumption in China. One of the major findings of the study is that firms are very responsive to relative fuel price changes. However,...

The 2008/2009 world economic crisis had significant impact on oil and fuel markets. This crisis has been developed from the meltdown of the American mortgage and financial market and spread throughout the global economy. As each country reacted differently to the crisis, the changes in the fuel market have also shown significant geographic variation. In our present research, the changes of the ...

The 2008/2009 world economic crisis had significant impact on the oil and fuel markets. The crisis developed from the meltdown of American and European mortgage and financial markets and rapidly involved the global real economy. As each country reacted differently to the crisis, the changes in the fuel market also showed significant geographic variation. In our present research, the actions of ...

There are recent evidence that air transport demand may not have a perfectly reversible relationship with income and jet fuel prices, as is assumed in most demand models. However, it is not known if the imperfectly reversible effects of jet fuel price are a result of asymmetries in the supply side, i.e. asymmetries in cost pass through from fuel prices to air fare, or of demand side behavioural...

This paper presents a cost-benefit analysis of the 1990 Clean Air Act Amendments (CAAA) requiring the addition of oxygen content in gasoline, using California as a case study. The valuation and comparison of costs and benefits for several fuel blends (with and without oxygen content) provides a framework to investigate cross-media (air, water, soil) tradeoffs. We use known valuation methods suc...

The paper summarizes key findings of alternative lines of research on the relationship between food and fuel markets, and identifies gaps between two bodies of literature: one that investigates the relationship between food and fuel prices, and another that investigates the impact of the introduction of biofuels on commodity-food prices. The former body of literature suggests that biofuel price...

Plug-in hybrid electric vehicles (PHEVs) enable their drivers to choose whether to use electricity or gasoline, but this fuel flexibility benefit requires the purchase of additional battery capacity relative to most other vehicles. We value the fuel flexibility of PHEVs by representing the purchase of the battery as the purchase of a strip of call options on the price of transportation. We use ...