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Showing records 23681 to 23705 of 43292. [First] Page: 1 945 946 947 948 949 950 951 952 953 Last
Anomaly Detection in Cyclic Communication in OT Protocols
Milosz Smolarczyk, Sebastian Plamowski, Jakub Pawluk, Krzysztof Szczypiorski.
March 2, 2023 (v1)
Keywords: cybersecurity, cyclic communication, deterministic finite automaton, Modbus TCP/IP, steganography.
This paper demonstrates the effectiveness of using anomaly detection in cyclic communication as a method aimed at protecting industrial installations from steganographic communication and a wide range of cyberattacks. The analysis was performed for a method based on deterministic finite automaton and the authors’ method using cycles. In this paper, we discuss the cycle detection algorithm and graph construction as well as demonstrate an anomaly detection method for cyberattack detection that utilizes stochastic elements, such as time-to-response and time-between-messages. We present a novel algorithm that combines finite automaton determinism modeling consecutive admissible messages with a time-domain model allowing for random deviations of regularity. The study was conducted for several test scenarios, including C&C steganographic channels generated using the Modbus TCP/IP protocol. Experimental results demonstrating the effectiveness of the algorithms are presented for both methods.... [more]
Comparison of Pyrolysis and Combustion Processes of Vinyl Floor Panels Using Thermogravimetric Analysis (TG-FTIR) in Terms of the Circular Economy
Małgorzata Kajda-Szcześniak, Monika Czop.
March 2, 2023 (v1)
Subject: Environment
Keywords: combustion, pyrolysis, TG-MS/FTIR analysis, vinyl floor panels.
The article analyzes the thermal degradation in the inert and oxidative atmosphere of waste vinyl panels, the main component of which is PVC. Both pyrolysis and incineration of plastic waste are difficult, complex and multifaceted processes due to several physical and chemical phenomena occurring during their performance. The coupled TG-MS (thermogravimetry-mass spectrometry) analysis combined with the Fourier transform infrared spectrometry (TG-FTIR) analysis was used to identify the decomposition mechanisms of waste vinyl panels. Thermogravimetric tests were carried out for two heating rates of 5 and 20 K/min in the temperature range of 40−1000 °C, mass losses were determined, and products resulting from thermal degradation were identified. It was found that the individual components decompose at different temperatures depending on the heating rate and the choice of an inert or oxidative atmosphere. Vinyl floor panels were treated in terms of secondary raw material, which, in the lig... [more]
Heat and Mass Transfer by Vapour in Freezing Soils
Assel Sarsembayeva, Askar Zhussupbekov, Philip E. F. Collins.
March 2, 2023 (v1)
Keywords: cryosuction forces, freezing soils, frost heave, ice lens formation, vapour transfer.
Vapour mass transfer is often underestimated when designing the bases for structures in frost susceptible soils. Intensive and long-term vapour transport may lead to excessive frost heaving and associated issues. A vapour transport model and the algorithm of its calculation is presented in this study based on the results of experimental freeze−thaw cycles of nine soil samples with varied density. The temperature field distribution, air voids volume and the energy comprising latent heat for the phase transition and heat extracted during the temperature drop are the main parameters for determining the vapour velocity and the amount of ice formed. According to the results, the average speed of vapour transport in frozen soils was about 0.4 m/h. The amount of ice built in 1 h during uniaxial freezing due to the saturated vapour pressure difference was 1.64 × 10−5−3.6 × 10−⁵ g/h in loose samples and 1.41 × 10−⁶ g/h to 5.61 × 10−⁷ g/h in dense samples of 10 cm diameter and 10 cm high section... [more]
Machine-Learning Methods for Complex Flows
Ricardo Vinuesa, Soledad Le Clainche.
March 2, 2023 (v1)
We are delighted to introduce this Special Issue focused on novel machine-learning (ML) methods aimed at predicting, modeling, and controlling a variety of complex fluid flow scenarios [...]
Vibration Fault Diagnosis in Wind Turbines Based on Automated Feature Learning
Angela Meyer.
March 2, 2023 (v1)
Keywords: convolutional neural networks, fault detection and diagnosis, gearboxes, vibration-based condition monitoring, wind energy, wind turbines.
A growing number of wind turbines are equipped with vibration measurement systems to enable the close monitoring and early detection of developing fault conditions. The vibration measurements are analyzed to continuously assess the component health and prevent failures that can result in downtimes. This study focuses on gearbox monitoring but is also applicable to other subsystems. The current state-of-the-art gearbox fault diagnosis algorithms rely on statistical or machine learning methods based on fault signatures that have been defined by human analysts. This has multiple disadvantages. Defining the fault signatures by human analysts is a time-intensive process that requires highly detailed knowledge of gearbox composition. This effort needs to be repeated for every new turbine, so it does not scale well with the increasing number of monitored turbines, especially in fast-growing portfolios. Moreover, fault signatures defined by human analysts can result in biased and imprecise dec... [more]
Investigation and Validation of Unstructured Mesh Methodologies for Modeling Experimental Reactors
Tom Mager, Carlo Fiorina, Mathieu Hursin, Andreas Pautz.
March 2, 2023 (v1)
Keywords: CROCUS, GeN-Foam, neutron transport, SP3, unstructured mesh.
This paper summarizes a methodology developed at École Polytechnique Fédérale de Lausanne for the neutronic modeling of the CROCUS experimental reactor and proposes solutions to the challenges one may face while modeling a research reactor with a complex geometry. Indeed, the double-lattice configuration of CROCUS makes it difficult to use codes for neutron diffusion and transport relying on a structured mesh description. For this reason, and based on the available in-house competences, we decided to make use of the neutronic capabilities of the GeN-Foam multiphysics solver, which takes advantage of general finite volume methodologies on unstructured meshes to provide sufficient flexibility for the study of unconventional reactor designs. In this work, GeN-Foam is used to build a first SP3 model of CROCUS based on an unstructured mesh to have an explicit modeling of the double lattice and the water gap between the two lattices. Form functions are then used to reconstruct the intra-pin... [more]
Miniaturized Distributed Generation for a Micro Smart Grid Simulator
Yun-Seok Ko, Su-Hwan Kim, Gyoung-Hwan Lim.
March 2, 2023 (v1)
Keywords: distributed generation, MEMS, micro distributed generation, micro inverter, micro protective device, micro smart grid simulator, power distribution system, smart grid.
In this paper, a miniaturization method is proposed for developing micro distributed generation for a micro smart grid simulator. The micro smart grid simulator is a fault simulator that was built to test and verify the new operation control algorithms for smart grids in the laboratory and has a size downscaled to one-thousandth of that of an actual smart grid. The micro distributed generation was designed in a multi-layered structure (dimension: 13 × 20 cm2), in which each function is implemented in several layers, to satisfy the size requirements. Next, the grid synchronization and PQ control algorithms required for the distributed generation were developed. A three-phase 19 V power system was built, and a 19 V−7.5 W three-phase micro distributed generation was realized through experimental verification. In addition, by verifying the effectiveness through grid synchronization and 7.5 W PQ control experiments, it was confirmed that the micro distributed generation based on the propose... [more]
Review on Deep Learning Research and Applications in Wind and Wave Energy
Chengcheng Gu, Hua Li.
March 2, 2023 (v1)
Keywords: deep learning, long short-term memory, Wave Energy, wind energy.
Wind energy and wave energy are considered to have enormous potential as renewable energy sources in the energy system to make great contributions in transitioning from fossil fuel to renewable energy. However, the uncertain, erratic, and complicated scenarios, as well as the tremendous amount of information and corresponding parameters, associated with wind and wave energy harvesting are difficult to handle. In the field of big data handing and mining, artificial intelligence plays a critical and efficient role in energy system transition, harvesting and related applications. The derivative method of deep learning and its surrounding prolongation structures are expanding more maturely in many fields of applications in the last decade. Even though both wind and wave energy have the characteristics of instability, more and more applications have implemented using these two renewable energy sources with the support of deep learning methods. This paper systematically reviews and summarize... [more]
Induction Motor Field-Oriented Sensorless Control with Filter and Long Cable
Lorenzo Carbone, Simone Cosso, Krishneel Kumar, Mario Marchesoni, Massimiliano Passalacqua, Luis Vaccaro.
March 2, 2023 (v1)
Keywords: cable compensation, eigenvalues, field-oriented control, induction motor drive, long cable, Luenberger observer, sensorless control, speed estimation, stability analysis, submarine pump.
In recent years, part of the efforts of the electric drive researcher has been focused on the study of sensorless control algorithms that allow controlling the machine without a speed measure and with ever-fewer measurement devices. This article proposes a possible solution for the submarine application of an asynchronous motor. The motor is designed to drive a petrol pump at a depth of three thousand meters. The motor is fed by an inverter that is located on an offshore platform, and they are connected through a filter and a cable that is 19.74 km long. In this application, it is not suitable to use a speed measurement device; in fact, at this depth it is important to use as few components as possible, in order to increase the system reliability. A control algorithm that only needs available electrical measures is proposed below.
Dielectric Spectroscopy as a Condition Monitoring Technique for Low-Voltage Cables: Onsite Aging Assessment and Sensitivity Analyses
Simone Vincenzo Suraci, Chuanyang Li, Davide Fabiani.
March 2, 2023 (v1)
Keywords: aging, cables, condition monitoring technique, dielectric spectroscopy, low voltage cables.
This work presents the development, validation, and sensitivity analyses of a portable device capable of performing high-frequency dielectric spectroscopy tests on site. After a brief introduction on the operation principle and the description of the impact of frequency on dielectric spectroscopy, the article presents the results of tests on reference samples confirming good agreement with expected values. The frequency region in which the device operates, 1−200 kHz, was chosen because of its correlation with oxidative species of polymeric compound. The sensitivity analyses were performed measuring the dielectric response of low voltage cables with different aged lengths. The outcome of these tests is twofold. On the one hand, they confirm the suitability of the technique for aging evaluation, and, on the other hand, they allow the assessment of the minimum aged length (damage ratio) which causes appreciable variations on the obtained dielectric spectrum. This quantity was found to be... [more]
Thermodynamic Analysis of a Regenerative Brayton Cycle Using H2, CH4 and H2/CH4 Blends as Fuel
Gontzal Lopez-Ruiz, Joseba Castresana-Larrauri, Jesús María Blanco-Ilzarbe.
March 2, 2023 (v1)
Keywords: Brayton cycle, exergy analysis, gas turbines, hydrogen combustion, renewable energies.
Considering a simple regenerative Brayton cycle, the impact of using different fuel blends containing a variable volumetric percentage of hydrogen in methane was analysed. Due to the potential of hydrogen combustion in gas turbines to reduce the overall CO2 emissions and the dependency on natural gas, further research is needed to understand the impact on the overall thermodynamic cycle. For that purpose, a qualitative thermodynamic analysis was carried out to assess the exergetic and energetic efficiencies of the cycle as well as the irreversibilities associated to a subsystem. A single step reaction was considered in the hypothesis of complete combustion of a generic H2/CH4 mixture, where the volumetric H2 percentage was represented by fH2, which was varied from 0 to 1, defining the amount of hydrogen in the fuel mixture. Energy and entropy balances were solved through the Engineering Equation Solver (EES) code. Results showed that global exergetic and energetic efficiencies increase... [more]
Concept, Feasibility of Cylindrical Bar Winding for Low Voltage Permanent Magnet Synchronous Motor
Mourad Aitakkache, Philippe Enrici, Daniel Matt, Nadhem Boubaker, Lorenzo Piscini.
March 2, 2023 (v1)
Subject: Other
Keywords: additional copper losses, electric boat, permanent magnet, solid bar winding, synchronous machine, very low voltage.
In this paper, we present the use of a solid bar winding for a permanent magnet synchronous motor dedicated to the electric drive of a full electric boat. For the winding, we chose to use cylindrical bars for the electric vehicle motorizations of a power lower than 10 kW. The choice of a 60 VDC low-voltage power distribution requires resorting to a solid bar winding with one bar per slot (single turn). Hence, the solid conductors dissipate additional copper losses (higher AC resistance). An analysis of these additional copper losses was carried out to accurately assess the effective AC resistance of the winding and, hence, the efficiency of the electric motor. A prototype for a POD propulsion was designed, built and tested. The characteristics of its electric motor were presented. The feasibility this type of cylindrical bar winding has been proven. A study on the optimization of the slot has demonstrated the performance of this type of winding.
Influences of Crest Vertical Curve Curvature on Exhaust Emissions of Heavy-Duty Diesel Trucks at Grade Change Point Section in Highway
Xingli Jia, Xuefang Qin, Wuxiao Zhou, Xingpeng Chen, Shuangqing Li.
March 2, 2023 (v1)
Keywords: crest vertical curve, exhaust emission, MOVES, operating mode distribution.
The vertical curve is a major factor affecting vehicle exhaust (CO2, CO, NOx, PM2.5) emissions. This article takes a heavy-duty diesel truck as a typical vehicle, combining instantaneous speed, acceleration and the vehicle-specific power VSP to divide the operating mode, and the exhaust emission of a heavy-duty diesel truck is then calculated by using MOVES. Finally, the environmental modification factors (EMFs) are used to evaluate the influence of curvature change on the exhaust emissions. The results show that CO2 and PM2.5 emissions of heavy-duty diesel trucks are increasing with the curvature of the crest vertical curve changing; with the increase and decrease of curvature K of the crest vertical curve by 50%, CO and NOx emissions showed an increasing trend. Among the four main emissions, CO2 emission amount is the largest, followed by NOx, CO and PM2.5. The emission rates of CO2 and PM2.5 increase with the increase of curvature of the crest vertical curve, and the minimum values... [more]
Advanced Exergy Analyses of a Solar Hybrid Food Dehydrator
Waseem Amjad, Muhammad Ali Raza, Furqan Asghar, Anjum Munir, Faisal Mahmood, Syed Nabeel Husnain, Muhammad Imtiaz Hussain, Jun-Tae Kim.
March 2, 2023 (v1)
Keywords: advanced exergy analysis, improvement potential, solar hybrid dryer, system optimization.
In this study, for the first time an advanced exergy analysis was applied to a solar hybrid food dehydrator to find out the causes of the inefficacies and to assess the actual improvement potential. The dryer was integrated with an evacuated solar tube collector and gas burner as a heating sources. Drying experiments were performed using bell pepper at 55 °C under three heating options i.e., gas, solar and dual. The rates of exergy destructions were split into unavoidable (EdUN) and avoidable (EdAV) which further split into four parameters termed unavoidable endogenous (EdUN,EN), unavoidable exogenous (EdUN,EX), avoidable endogenous (EdAV,EX) and avoidable exogenous (EdAV,EN). Conventional exergy analysis revealed that drying chamber possess lower improvement potential rate (IP) than heating components while outcomes of advanced exergy analysis showed that both the design and system components interaction of heating unit imparted a major effect on its efficiency. Optimizing the operati... [more]
Positive Aspects of Green Roof Reducing Energy Consumption in Winter
Peter Juras.
March 2, 2023 (v1)
Keywords: comparison, green roof, longwave radiation, measurement, snow, winter.
Greening structures attract worldwide attention because of their multidisciplinary benefits. Green roofs are considered one of the best ways to eliminate summer overheating, mitigate climate change, or reduce the urban heat island effect. The winter season and its impact on building energy consumption are often overlooked. Common standards do not take a green roof structure into consideration because of possible high water content in their layers. Additional roof layers may have a positive effect during the winter; they help reduce surface overcooling in cloudless winter nights. This paper analyses experimental measurements taken on two different extensive green roofs and compares the results with a single-ply roof (R) with a PVC membrane. Surface overcooling of the R due to radiation reaching up to 10 °C, whereas the green roof membrane is protected. The influence of thermal loss is not so important for the current climate in Central Europe, as the required U-values are lower than 0.1... [more]
Study on Heat Transfer Process and Fresh Water Output Performance of Phase Change Heat Storage Dehumidifier
Lixi Zhang, Kai Feng, Zhendong Xie, Kangbo Wang.
March 2, 2023 (v1)
Subject: Materials
Keywords: dehumidifier, gained output ratio (GOR), humidification-dehumidification (HDH), phase change material (PCM), solar desalination, water production cost (WPC).
In the humidification-dehumidification solar desalination process, using phase change materials to recover water vapor condensation latent heat in the dehumidification can improve heat utilization and water production performances. When sodium thiosulfate pentahydrate and paraffin were used as phase change materials respectively in the phase change heat storage dehumidifier, by means of numerical simulation and experiment, the heat transfer process, entropy generation, and water production performances of heat pipes and copper wire meshes coupled phase change materials in the dehumidifier were studied. The results showed that sodium thiosulfate pentahydrate has stronger heat transfer ability, higher thermal entropy generation, and heat storage capacity than paraffin; adding copper wire meshes into the phase change material can accelerate heat transfer and shorten the time required for monitoring points to reach phase change temperature; increasing the wet air temperature at inlet of ph... [more]
Investigation on the Ammonia Boiling Heat Transfer Coefficient in Plate Heat Exchangers
Anica Ilie, Alina Girip, Răzvan Calotă, Andreea Călin.
March 2, 2023 (v1)
Keywords: ammonia, boiling, heat transfer coefficient, narrow spaces, plate heat exchanger.
This investigation aims to compare the experimental and theoretical ammonia boiling heat transfer coefficient in a plate heat exchanger (PHE). Measured data were gathered during functioning of a single stage vapor mechanical compression refrigeration system placed in the Thermal Systems Research Center of the Technical University of Civil Buildings Bucharest (TUCEB). Experimental values fall within the range of 1377−3050 W/m2K. Theoretical values were obtained from 12 correlations confirmed by the literature to date, developed for similar working conditions. The experimental values are close to the theoretical ones for Shah and Jokar correlations applied for a vapor quality of 0.5. The theoretical values are in the range of 1440−2076 W/m2K and 1558−2318 W/m2K, respectively. Shah correlation predicted 82.35% of all data within the ±30% error band at an MAE value of 14.23%, and Jokar et al. predicted 76.47% of all data within the ±30% error band with an MAE value of 17.7%.
Design, Analysis, and Optimization of Permanent Magnet Vernier Machines Considering Rotor Losses
Wenjie Wu, Liang Xu, Bin Liu.
March 2, 2023 (v1)
Subject: Other
Keywords: finite-element analysis, flux barriers, harmonics analysis, permanent magnet vernier machine, rotor losses, vernier.
The purpose of this paper is the design, analysis, and optimization of a new structure of a permanent magnet vernier machine (PMVM) with a high torque density and low rotor losses. First, the modulation principle and topology of this PMVM is introduced. Then, its average torque and rotor loss are enhanced and reduced by optimizing the flux modulation poles distribution. For the sake of further reducing the rotor losses on the premise of maintaining the torque density, the contribution of the air gap flux density harmonics to the rotor loss is analyzed. Then, a new topological structure of a rotor with a flux barrier is introduced to reduce the rotor losses due to the decrease of each harmful harmonic. Through the analysis of the structure of the PMVM with the flux barrier, the influence of the parameters on the performance is built. After that, a multi-objective optimization algorithm is used to optimize the PMVM so as to obtain the optimal performance. Moreover, the electromagnetic pe... [more]
Experimental Study of Water Displacement Rates on Remaining Oil Distribution and Oil Recovery in 2D Pore Network Model
Lingwen Meng, Binshan Ju.
March 2, 2023 (v1)
Keywords: displacement efficiency, oil recovery, pore network model, residual oil, water displacement rates.
An amount of oil remains in oil reservoirs even at the high water-cut stage of produced liquid from oil wells. To reveal the mechanism of displacement rates to affect the remaining oil in pore scales, a two-dimensional (2D) glass etching pore network model and real-time visual system were set up to observe the characteristics of oil distribution from water flooding and study the influence of displacement rates on oil recovery. It was found that the geometry of remaining oil in the pore network is diverse and dynamically changed at the high water-cut stage. Three geometric representative parameters were defined for the classification of five types of remaining oil (contiguous, branching, film, dropwise, bar columnar type), and controlling mechanisms for each type of remaining oil were analyzed. The experimental results show that the remaining oil saturation decreases from 21.2% to 6.5% when water injection rates increase from 0.05 to 0.5 mL/min. The increase in displacement rate improve... [more]
Leveraging Graph Analytics for Energy Efficiency Certificates
Panagiotis Kapsalis, Giorgos Kormpakis, Konstantinos Alexakis, Dimitrios Askounis.
March 2, 2023 (v1)
Keywords: big graph analytics, data processing semantic enrichment, digital twin, Energy Efficiency, knowledge bases, reasoning engine, semantics.
As energy efficiency is becoming a subject of utter importance in today’s societies, the European Union and a vast number of organizations have put a lot of focus on it. As a result, huge amounts of data are generated at an unprecedented rate. After thorough analysis and exploration, these data could provide a variety of solutions and optimizations regarding the energy efficiency subject. However, all the potential solutions that could derive from the aforementioned procedures still remain untapped due to the fact that these data are yet fragmented and highly sophisticated. In this paper, we propose an architecture for a Reasoning Engine, a mechanism that provides intelligent querying, insights and search capabilities, by leveraging technologies that will be described below. The proposed architecture has been developed in the context of the H2020 project called MATRYCS. In this paper, the reasons that resulted from the need of efficient ways of querying and analyzing the large amounts... [more]
Ash Behaviour during Combustion of Agropellets Produced by an Agro-Industry—Part 2: Chemical Characterization of Sintering and Deposition
Javier Royo, Paula Canalís, Sebastián Zapata, Maider Gómez, Carmen Bartolomé.
March 2, 2023 (v1)
Subject: Materials
Keywords: agropellets, bottom ash sintering, deposition, fixed-bed reactor, P-XRD, SEM-EDS.
Eight different pellets (one woody and seven blends of woody and herbaceous biomass) produced by an agro-industry were tested in a fixed-bed reactor to characterize their behaviour during their combustion process. The objective was to analyze the possible problems that could arise and, thus, achieve advances in the greater penetration of these agropellets in the energy market. The blends’ design and tests results are presented in the first part of this article. The results of the bottom ash and fly ash samples obtained from the combustion tests using SEM-EDS and P-XRD techniques were analyzed in order to delve into the sintering and deposition phenomena, respectively. Regarding the sintering, a clear relationship has been found between the results of the SEM-EDS analysis and the initial composition of the ash of the fuels. Additionally, the analysis of the results confirms a different ash behaviour regarding the sintering phenomenon depending on the ratio between the amounts of Si, Ca... [more]
Geopolitical Risk as a Determinant of Renewable Energy Investments
Floros Flouros, Victoria Pistikou, Vasilios Plakandaras.
March 2, 2023 (v1)
Keywords: ARDL, CO2 emissions, energy production, GDP, geopolitical risk, renewable energy sources.
The advent of various initiatives around the globe in shaping an energy transition towards a “greener” energy production future sparked a research interest towards the determinants that will shape their success. In this paper, we depart from the relevant literature evaluating the potential effect of geopolitical tensions on renewable energy investments, building on an explicit quantitative approach that provides clear empirical evidence. In doing so, we compile a large panel of 171 economies and measure the effect of geopolitical risk on “green” investing as measured by popular geopolitical risk indices, while controlling for all major variables proposed by literature. Our flexible Autoregressive Distributed Lag model with heterogenous effects across economies suggests that geopolitical risk has a significantly measurable effect on green investments both in the short and the long run. In fact, our results suggest that proper model specification is robust across alternate risk assessmen... [more]
Experimental and Numerical Analyses of a Novel Wing-In-Ground Vehicle
Martijn van Sluis, Sina Nasrollahi, Arvind Gangoli Rao, Georg Eitelberg.
March 2, 2023 (v1)
Keywords: AeroCity, aerodynamics, Computational Fluid Dynamics, ground effect, WIG.
The AeroCity is a new form of transportation concept that has been developed to provide high-speed ground transportation at a much lower cost than the existing high-speed railway. Utilizing the Wing-in-Ground (WIG) effect, the AeroCity vehicle does not require complex infrastructures like other contemporary concepts, such as the Hyperloop or Maglev trains. In the current work, the aerodynamic characteristics of the AeroCity vehicle are examined through a Computational Fluid Dynamics (CFD) analysis. The results from the CFD analysis qualitatively match with the findings of wind tunnel experiments. Surface streamlines and boundary layer measurements correspond well with the numerical data. However, the force measurements show a discrepancy. It is found that the separation bubble over the side plates is not captured by the CFD, and this is responsible for an under-prediction of the drag at higher free-stream velocities. The Transition SST model improved the matching between the experiment... [more]
Assessment of the Impact of the Human Coronavirus (COVID-19) Lockdown on the Energy Sector: A Case Study of Sharjah, UAE
Fatin Samara, Bassam A. Abu-Nabah, Waleed El-Damaty, Mayyada Al Bardan.
March 2, 2023 (v1)
Keywords: COVID-19, electricity demand, electricity supply, energy consumption, lockdown, Sharjah, UAE.
The recent coronavirus (COVID-19) pandemic has wreaked havoc on the global economy, causing major shifts in energy use and output patterns. For some countries, this has had a significant effect on energy demand and carbon emissions, at least in the short term. Since the United Arab Emirates is currently exerting many efforts towards sustainability, it is important to assess and understand the impacts of the pandemic and the lockdown measurements on the local energy sectors. Data for this analysis were gathered by the Sharjah Electricity Water & Gas Authority (SEWA) for Sharjah City which is the capital of the Emirate of Sharjah. The changes in electricity after the implementation of quarantine and lockdown-like measures were assessed, and the results indicate that the electric power demand in Sharjah City was reduced in the commercial, industrial, and agricultural sectors, whereas the residential and government sectors witnessed a higher power demand. The overall electricity consumptio... [more]
Does Fossil Fuel Financing Affect Banks’ ESG Ratings?
Michał Bernardelli, Zbigniew Korzeb, Paweł Niedziółka.
March 2, 2023 (v1)
Keywords: bank, ESG rating, Fossil Fuel.
The study was conducted on a sample of 60 of the world’s biggest banks financing the largest fossil fuel entities. The aim is to identify the determinants of ESG ratings of these banks and to determine how relevant their actual credit and investment exposure is to this assessment. The indirect objective is also an examination of whether coal power financing affects ESG ratings. Two logistic regression models have been explored: one dedicated to the identification of high ESG risk banks and the second to predict low ESG risk, which thereafter were combined into one final model. The results indicate that an increase in the Sustainable Development Index (SDI) translates into a decline in the odds of being assigned to the high-risk ESG group relative to the probability of being qualified to the low- or medium-risk ESG group. This study is the first to analyse the impact of actual exposures of the world’s largest banks to the fossil fuels sector on their ESG ratings. The value added is the... [more]
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