Purpose: In the hybrid electricity market consisting of renewable and conventional energy, the generation output of renewable power is uncertain because of its intermittency, and the power market demand is also fluctuant. Meanwhile, there is fierce competition among power producers in the power...

As an emerging financial market, the trading value of carbon emission trading market has definitely increased. In recent years, the carbon emission allowances have already become a way of investment. They are bought and sold not only by carbon emitters but also by investors. In this paper, we...

The performance differences between the fluidized-bed and the fixed-bed operation modes were comparatively studied in a pressurized coal-fuelled chemical looping combustion (CLC) process. Pressurized thermogravimetric (TG) analysis was applied to elucidate the findings observed in pressurized...

We develop a probabilistic consumer choice framework based on information asymmetry between consumers and firms. This framework makes it possible to study market competition of several firms by both quality and price of their products. We find Nash market equilibria and other optimal strategies...