This paper is a contribution to the ongoing debate on the benefits and drawbacks of bank revenue diversification. Revenue diversification may benefit banks if diversified activities are inherently less risky and possess high returns, while it may hurt banks if diversified activities are more...

To combat energy shortage, RIES has become an important research direction in the international energy field. In order to improve energy efficiency and the large-scale consumption of renewable energy, this paper presents the key technologies of RIES, which consists of the coupling relationship,...

This paper proposes a novel two-stage Microgrid (MG) scheduling methodology to decide optimal location and size of MG and outputs of dispatchable and intermittent distributed generators (DGs). In the first stage, a system stability index (SSI) representing the performance of the distribution...

For multivariate nonparametric regression models, existing variable selection methods with penalization require high-dimensional nonparametric approximations in objective functions. When the dimension is high, none of methods with penalization in the literature are readily available. Also,...

Motivated by increment process modeling for two correlated random and non-random systems from a discrete-time asset pricing with both risk free asset and risky security, we propose a class of semiparametric regressions for a combination of a non-random and a random system. Unlike classical...

Photovoltaic farms in Malaysia are being developed tremendously as a form of supporting fossil fuel setbacks in Malaysia power generation. An important parameter of the PV installation is the power (Watts) accumulated over sunlight retrieval. Considerable losses may arise from the conversion,...