Purpose: The purpose of this paper is to empirically analyze the investment and pension functions of housing reverse mortgages (HRM) with redemption option and raise the participation initiative of the Chinese elderly for the HRM model and enhance their cognition of this financial product....

A small-scale combined cooling and power (CCP) system usually serves district air conditioning apart from power generation purposes. The typical system consists of a gas turbine and an exhaust gas-fired absorption refrigerator. The surplus heat of the gas turbine is recovered to generate cooling...

In this paper three advanced power systems: the chemically recuperated gas turbine (CRGT) cycle, the steam injected gas turbine (STIG) cycle and the combined cycle (CC), are investigated and compared by means of exergy analysis. Making use of the energy level concept, cascaded use of the...

A novel methanol-based power system with Chemical-Looping Combustion (CLC) is proposed in this paper. CLC system is a promising approach to greatly decrease the energy penalty for CO2 removal, where iron oxides circulate between two reactors and an inherent CO2 separation occurs. The combustion...

Reviewing the progress of CO2 capture and storage (CCS) technology, the main obstacles and the potentials of greenhouse gas control in China are identified. An important point can be drawn is that the innovative energy systems, besides simple implementation of existing technology, are needed for...

In this paper, a novel combined cycle with synthetic utilization of coal and natural gas is proposed, in which the burning of coal provides thermal energy to the methane/steam reforming reaction. The syngas fuel, generated by the reforming reaction, is directly provided to the gas turbine as...

The distribution of energy and industry in China is extremely uneven. The western region is rich in energy resources but relatively economically backward, while the eastern region, particularly, the southeast coastal area, is an industrially-developed area but is short of energy resources. On...