Multi-fractal fluctuation features of thermal power coal price in China

Carbon capture and storage (CCS) technology is an effective method to mitigate CO2 emission pressure; however it is hard to be evaluated due to uncertainties. This paper establishes a real options analysis (ROA) model to evaluate CCS investment from the perspective of the existing thermal power plant by considering the fluctuations of electricity price, carbon price, and thermal coal price. The model is solved by the proposed robust Least Squares Monte Carlo method and China is taken as a case study to assess power plant’s CCS investment revenue. In the case study, robust ROA and ROA are compared under some CCS incentive factors. The results indicate that the proposed robust ROA is more realistic and suitable for CCS evaluation than common ROA to some extent. Finally, a policy schema to promote CCS investment is derived.

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Research on the Development of the Coal-Electricity Integration Manufacturing Industry

Applied Mechanics and Materials ◽

10.4028/www.scientific.net/amm.307.455 ◽

2013 ◽

Vol 307 ◽

pp. 455-458 ◽

Cited By ~ 1

Author(s):

Wei Jun Wang ◽

Guang Ming Lu ◽

Tong Liu ◽

Min Nan Wang

Keyword(s):

Manufacturing Industry ◽

Thermal Power ◽

Power Industry ◽

Comprehensive Analysis ◽

Coal Price ◽

Analysis And Evaluation ◽

Advantages And Disadvantages ◽

High Level ◽

The Relationship

In the manufacturing industry of the Coal-Electricity integration, due to the high-level of coal price, thermal power enterprises are in severe situations currently. This paper analyzes the relationship between the coal manufacturing industry and power manufacturing industry in China, and points out that coal-electricity integration is one important way to develop China's power industry. It also makes a comprehensive analysis and evaluation on the advantages and disadvantages of coal-electricity integration manufacturing industry. Thermal power enterprises should estimate the coming risk in the process of coal-electricity integration, and spare their efforts to improve the adaptability, thereby enhances the comprehensive ability to resist risks.

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Dynamic Game Analysis of Coal Electricity Market Involving Multi-Interests

Mathematical Problems in Engineering ◽

10.1155/2016/7508513 ◽

2016 ◽

Vol 2016 ◽

pp. 1-9

Author(s):

Yu Xiaobao ◽

Tan Zhongfu ◽

Chen Kangting ◽

He Puyu

Keyword(s):

Electricity Market ◽

Thermal Power ◽

Dynamic Game ◽

Analysis Model ◽

Total Energy Consumption ◽

Coal Consumption ◽

Game Analysis ◽

Coal Price ◽

Cobweb Model ◽

The Impact

The coal consumption of China reached 2.75 billion tons of standard coal in 2013, which accounted for 67.5% of total energy consumption and more than 50% of global coal consumption. Therefore, the impact of coal price is huge on coal market and even energy market in China. As a large consumer of coal, thermal power enterprise has a strong sensitivity to coal price. In order to balance the rising cost of enterprises due to coal price, we need to analyze the interests of multiple stakeholders. Firstly, this paper combined the Nash equilibrium and cobweb model and proposed the characteristics in different cobweb model. Then, for coal, power, and energy companies, the dynamic game analysis model is constructed. This model gives a game analysis in four scenarios and quantifies the decision of each stakeholder in different coal prices. Finally, the impact figure of different coal prices on each stakeholder has been drawn. The impacts of different coal or thermal power prices on different markets have been put forward, so relevant policy recommendations have been proposed combined with the cobweb model.

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A Review on Utilization of Fly- Ash and Pond-Ash as a Partial Replacement of Cement in Concrete Mix Design

International Journal of Scientific Research in Science Engineering and Technology ◽

10.32628/ijsrset196270 ◽

2018 ◽

pp. 413-418

Author(s):

Harshkumar Patel ◽

Yogesh Patel

Keyword(s):

Fly Ash ◽

Electricity Generation ◽

Power Plants ◽

Renewable Energy Sources ◽

Thermal Power ◽

Strength Test ◽

Partial Replacement ◽

Pond Ash ◽

Research Activities ◽

Ash Disposal

Now-a-days energy planners are aiming to increase the use of renewable energy sources and nuclear to meet the electricity generation. But till now coal-based power plants are the major source of electricity generation. Disadvantages of coal-based thermal power plants is disposal problem of fly ash and pond ash. It was earlier considered as a total waste and environmental hazard thus its use was limited, but now its useful properties have been known as raw material for various application in construction field. Fly ash from the thermal plants is available in large quantities in fine and coarse form. Fine fly ash is used in construction industry in some amount and coarse fly ash is subsequently disposed over land in slurry forms. In India around 180 MT fly is produced and only around 45% of that is being utilized in different sectors. Balance fly ash is being disposed over land. It needs one acre of land for ash disposal to produce 1MW electricity from coal. Fly ash and pond ash utilization helps to reduce the consumption of natural resources. The fly ash became available in coal based thermal power station in the year 1930 in USA. For its gainful utilization, scientist started research activities and in the year 1937, R.E. Davis and his associates at university of California published research details on use of fly ash in cement concrete. This research had laid foundation for its specification, testing & usages. This study reports the potential use of pond-ash and fly-ash as cement in concrete mixes. In this present study of concrete produced using fly ash, pond ash and OPC 53 grade will be carried. An attempt will be made to investigate characteristics of OPC concrete with combined fly ash and pond ash mixed concrete for Compressive Strength test, Split Tensile Strength test, Flexural Strength test and Durability tests. This paper deals with the review of literature for fly-ash and pond-ash as partial replacement of cement in concrete.

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