As China starts to build 6 10-GW wind zones in 5 provinces by 2020, accommodating the wind electricity generated from these large wind zones will be a great challenge for the regional grids. Inadequate wind observing data hinders profiling the wind power fluctuations at the regional grid level....

In accordance with the economic data from Statistical Communique on National Economy and Social Development in Hubei Province in the period 1980 2009, we use co-integration analysis method to research the impact of GDP growth on residents' consumer spending. Result shows that although there are...

The effect of choosing a non-standard operating frequency on the equipment and infrastructure costs of an offshore AC network is investigated. The offshore AC network considered is similar in design to the European SuperGrid “SuperNode”. It is designed to connect several large wind arrays to...

This paper briefly introduced the issues of food safety and environmental pollution caused by pesticide residues in protected vegetables, discussed the status and problems of pesticide use in the protected vegetables in Shandong Province, and analyzed the main factors leading to the pesticide...

Counterparty credit risk (CCR), a key driver of the 2007-08 credit crisis, has become one of the main focuses of the major global and U.S. regulatory standards. Financial institutions invest large amounts of resources employing Monte Carlo simulation to measure and price their counterparty...

Latent class models with crossed subject-specific and test(rater)-specific random effects have been proposed to estimate the diagnostic accuracy (sensitivity and specificity) of a group of binary tests or binary ratings. However, the computation of these models are hindered by their complicated...

This paper considers the problem of estimating spot volatility in the simultaneous presence of Lévy jumps and market microstructure noise. We propose to use the pre-averaging approach and the threshold kernel-based method to construct a spot volatility estimator, which is robust to both...

In contrast to the ever-increasing focus on China's CO2 emissions, little attention has been given to its CH4 emissions, the second largest greenhouse gas. Presented in this paper is a comprehensive assessment of the CH4 emissions in Mainland China by source and region based on the latest...