For fossil fuel power plants to be built in the future, carbon capture and storage (CCS) technologies offer the potential for significant reductions in CO2 emissions. We examine the break-even value for CCS adoptions, that is, the critical value in the charge for CO2 emissions that would justify investment in CCS capabilities. Our analysis takes explicitly into account that the supply of electr...

Conversion of fossil fuels to electrical power is the most popular method of electrical power generation. Due to the depletion of fossil fuels and the increase in air pollution, the necessity of using high efficiency power generation systems is increasing. High temperature fuel cells, such as solid oxide fuel cells (SOFC) and molten carbonate fuel cells (MCFC), have high efficiency. According t...

Electricity markets are characterised by high sensitivity to variations in supply and demand conditions. However, they also exhibit a number of specific characteristics, including large daily, weekly, seasonal price fluctuations. The aim this article is assess the impact fluctuations industry’s output on wholesale electricity prices. Results were compared for Nord Pool markets, with share renew...

It is an undeniable fact that people want information. Unfortunately, even in today’s highly automated society, a lot of the information we desire is still manually collected. An example is fuel prices where websites providing fuel price information either send their workers out to manually collect the prices or depend on volunteers manually relaying the information. This paper proposes a novel...

Renewable energy is rapidly gaining importance as an energy resource as fossil fuel prices fluctuate. At the educational level, it is therefore critical for engineering and technology students to have an understanding and appreciation of the technologies associated with renewable energy. One of the most popular renewable energy sources is solar energy. This paper describes a capstone design pro...

The rapid growth of mobile communication technology and the corresponding significant increase in the number of cellular base stations (BSs) have increased operational expenses (OPEX) for mobile operators, due to increased electricity prices and fossil fuel consumption. Thus, identifying alternative solutions to reduce OPEX has become a major priority of mobile operators. Solar energy is consid...

Carbon capture and storage (CCS) technologies remove carbon dioxide from flue gases for storage in geologic formations or the ocean. We find that CCS is technically feasible and economically attractive within the range of carbon policies discussed domestically and internationally. Current costs are about $200 to $250 per ton of carbon, although costs are sensitive to fuel prices and other assum...