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...

Clear communication of product and price is essential to any economic interaction. Energy pricing varies according to regulatory regime and social policy across the country. The outcome of these various approaches can be summarized in all cases as a simple price. Clear standards for communicating that price are necessary for the development of national markets for systems and software that inte...

the paper presents an analysis of both energy intensity and energy demand for the italianindustrial sector. the aim of the paper is twofold: making a decomposition of energy intensity at the aggregate level and modeling energy demand at the firm level. the decomposition of energy intensity shows different patterns for the different sub-sectors in the period of interest. in the micro approach, p...

This paper examines the competitiveness of winner-take-all price competition in homogeneous product oligopoly environments where underlying buyer demands and/or firms’ costs need not be continuous. Our analysis is motivated by the observation that a variety of economic settings have these features. For example, in 1996 an Ivy League university solicited bids from several vendors for its initiat...

-A Smart Grid has a two-way digital communication system and it encourages customers to actively participate in different types of Demand Response (DR) programs. In the Smart Grid market, both the supplier and broker agent earn profit while distributing the electrical energy. They have to balance the supply and demand during the distribution of energy. They also participate in energy trading to...

We translate between biophysical and economic metrics that characterize the role of energy in the economy. Specifically, using data from the International Energy Agency, we estimate the energy intensity ratio (EIR), a price-based proxy for a power return ratio (PRR ∼ Pout/Pinvested). The EIR is a useful metric, because for most countries and energy commodities, it can indicate the biophysical t...

According to static models of industrial organization, a rise in competition decreases prices. In this paper, I test whether this conclusion can be reversed in the mobile telecommunications markets where dynamic e ciency e ects might be signi cant. The empirical test relies on the change in the intensity of competition introduced by the entry of the fourth mobile operator in France and the merg...

This paper examines the roots of European energy crisis within period 2021–2022, reasons for gas shortage, effect Russian invasion Ukraine, and potential EU responses. The current is a result several factors, starting from Covid-19 pandemic in 2020 amplified severely by conflict between Russia Ukraine. In addition, five were identified as worsening situation. These include market-based prices, ...

one of the most important issues about production structure and measurement of factors utilization in industry is the study of substitutability among the production factors. while, energy, for its particular features like finite and the direct relationship between energy usage and air pollution; and specifically abundance of energy resources and allocation of subsidies to different energy carri...