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Microalgae have tremendous potential for producing liquid renewable fuel. Many methods for converting microalgae to biofuel have been proposed; however, an economical and energetically feasible route for algal fuel production is yet to be found. This paper presents a review on the comparison of the most promising conversion pathways of microalgae to liquid fuel: hydrothermal liquefaction (HTL), wet extraction and non-destructive extraction. The comparison is based on important assessment parameters of product quality and yield, nutrient recovery, GHG emissions, energy and the cost associated with the production of fuel from microalgae, in order to better understand the pros and cons of each method. It was found that the HTL pathway produces more oil than the wet extraction pathway; however, higher concentrations of unwanted components are present in the HTL oil produced. Less nutrients (N and P) can be recovered in HTL compared to wet extraction. HTL consumes more fossil energy and generates higher GHG emissions than wet extraction, while the production cost of fuel from HTL pathway is lower than wet extraction pathway. There is considerable uncertainty in the comparison of the energy consumption and economics of the HTL pathway and the wet extraction pathway due to different scenarios analysed in the assessment studies. To be able to appropriately compare methodologies, the conversion methods should be analysed from growth to upgradation of oil utilising sufficiently similar assumptions and scenarios. Based on the data in available literature, wet oil extraction is the more appropriate system for biofuel production than HTL. However, the potential of alternative extraction/conversion technologies, such as, non-destructive extraction, need to be further assessed.

Microalgae have tremendous potential for producing liquid renewable fuel. Many methods for converting microalgae to biofuel have been proposed; however, an economical and energetically feasible route for algal fuel production is yet to be found. This paper presents a review on the comparison of the most promising conversion pathways of microalgae to liquid fuel: hydrothermal liquefaction (HTL), wet extraction and non-destructive extraction. The comparison is based on important assessment parameters of product quality and yield, nutrient recovery, GHG emissions, energy and the cost associated with the production of fuel from microalgae, in order to better understand the pros and cons of each method. It was found that the HTL pathway produces more oil than the wet extraction pathway; however, higher concentrations of unwanted components are present in the HTL oil produced. Less nutrients (N and P) can be recovered in HTL compared to wet extraction. HTL consumes more fossil energy and generates higher GHG emissions than wet extraction, while the production cost of fuel from HTL pathway is lower than wet extraction pathway. There is considerable uncertainty in the comparison of the energy consumption and economics of the HTL pathway and the wet extraction pathway due to different scenarios analysed in the assessment studies. To be able to appropriately compare methodologies, the conversion methods should be analysed from growth to upgradation of oil utilising sufficiently similar assumptions and scenarios. Based on the data in available literature, wet oil extraction is the more appropriate system for biofuel production than HTL. However, the potential of alternative extraction/conversion technologies, such as, non-destructive extraction, need to be further assessed.

Short-term load forecasting is an essential instrument in power system planning, operation and control. Many operating decisions are based on load forecasts, such as dispatch scheduling of generating capacity, reliability analysis, and maintenance planning for the generators. Overestimation of electricity demand will cause a conservative operation, which leads to the start-up of too many units or excessive energy purchase, thereby supplying an unnecessary level of reserve. On the contrary, underestimation may result in a risky operation, with insufficient preparation of spinning reserve, causing the system to operate in a vulnerable region to the disturbance. In this paper, semi-parametric additive models are proposed to estimate the relationships between demand and the driver variables. Specifically, the inputs for these models are calendar variables, lagged actual demand observations and historical and forecast temperature traces for one or more sites in the target power system. In addition to point forecasts, prediction intervals are also estimated using a modified bootstrap method suitable for the complex seasonality seen in electricity demand data. The proposed methodology has been used to forecast the half-hourly electricity demand for up to seven days ahead for power systems in the Australian National Electricity Market. The performance of the methodology is validated via out-of-sample experiments with real data from the power system, as well as through on-site implementation by the system operator.

Short-term load forecasting is an essential instrument in power system planning, operation and control. Many operating decisions are based on load forecasts, such as dispatch scheduling of generating capacity, reliability analysis, and maintenance planning for the generators. Overestimation of electricity demand will cause a conservative operation, which leads to the start-up of too many units or excessive energy purchase, thereby supplying an unnecessary level of reserve. On the contrary, underestimation may result in a risky operation, with insufficient preparation of spinning reserve, causing the system to operate in a vulnerable region to the disturbance. In this paper, semi-parametric additive models are proposed to estimate the relationships between demand and the driver variables. Specifically, the inputs for these models are calendar variables, lagged actual demand observations and historical and forecast temperature traces for one or more sites in the target power system. In addition to point forecasts, prediction intervals are also estimated using a modified bootstrap method suitable for the complex seasonality seen in electricity demand data. The proposed methodology has been used to forecast the half-hourly electricity demand for up to seven days ahead for power systems in the Australian National Electricity Market. The performance of the methodology is validated via out-of-sample experiments with real data from the power system, as well as through on-site implementation by the system operator.

AbstractBioenergy projects can lead to direct and indirect land use change (LUC), which can substantially affect greenhouse gas balances with both beneficial and adverse outcomes for bioenergy's contribution to climate change mitigation. The causes behind LUC are multiple, complex, interlinked, and change over time. This makes quantification uncertain and sensitive to many factors that can develop in different directions—including land use productivity, trade patterns, prices and elasticities, and use of by‐products associated with biofuels production. Quantifications reported so far vary substantially and do not support the ranking of bioenergy options with regard to LUC and associated emissions. There are however several options for mitigating these emissions, which can be implemented despite the uncertainties. Long‐rotation forest management is associated with carbon emissions and sequestration that are not in temporal balance with each other and this leads to mitigation trade‐offs between biomass extraction for energy use and the alternative to leave the biomass in the forest. Bioenergy's contribution to climate change mitigation needs to reflect a balance between near‐term targets and the long‐term objective to hold the increase in global temperature below 2°C (Copenhagen Accord). Although emissions from LUC can be significant in some circumstances, the reality of such emissions is not sufficient reason to exclude bioenergy from the list of worthwhile technologies for climate change mitigation. Policy measures to minimize the negative impacts of LUC should be based on a holistic perspective recognizing the multiple drivers and effects of LUC.This article is categorized under: Bioenergy > Economics and Policy Bioenergy > Climate and Environment

AbstractBioenergy projects can lead to direct and indirect land use change (LUC), which can substantially affect greenhouse gas balances with both beneficial and adverse outcomes for bioenergy's contribution to climate change mitigation. The causes behind LUC are multiple, complex, interlinked, and change over time. This makes quantification uncertain and sensitive to many factors that can develop in different directions—including land use productivity, trade patterns, prices and elasticities, and use of by‐products associated with biofuels production. Quantifications reported so far vary substantially and do not support the ranking of bioenergy options with regard to LUC and associated emissions. There are however several options for mitigating these emissions, which can be implemented despite the uncertainties. Long‐rotation forest management is associated with carbon emissions and sequestration that are not in temporal balance with each other and this leads to mitigation trade‐offs between biomass extraction for energy use and the alternative to leave the biomass in the forest. Bioenergy's contribution to climate change mitigation needs to reflect a balance between near‐term targets and the long‐term objective to hold the increase in global temperature below 2°C (Copenhagen Accord). Although emissions from LUC can be significant in some circumstances, the reality of such emissions is not sufficient reason to exclude bioenergy from the list of worthwhile technologies for climate change mitigation. Policy measures to minimize the negative impacts of LUC should be based on a holistic perspective recognizing the multiple drivers and effects of LUC.This article is categorized under: Bioenergy > Economics and Policy Bioenergy > Climate and Environment

Abstract With promising benefits such as traffic emission reduction, traffic congestion alleviation, and parking problem solving, Electric Vehicle (EV)-sharing systems have attracted large attentions in recent years. Different from other business modes, customers in sharing economy systems are usually price sensitive. Therefore, it is possible to shift the usage of shared EVs through a well-designed Dynamic Pricing Scheme (DPS), with the objective of maximizing the system operator's total profit. In this study, we propose a novel DPS for a large-scale EV-sharing network to address the EV unbalancing issue and satisfy the vehicle-grid-integration (VGI) service based on accurate station-level demand prediction. The proposed DPS is formulated as a complex optimization problem, which includes two Price Adjustment Level (PAL) decision variables for every origin-destination pair of stations. The two PALs are employed to affect the EV-sharing demand and travel time between each station pair, respectively. Physical and operational constraints from both EV demand and VGI service aspects are also included in the proposed model. Two case study are conducted to validate the effectiveness of the proposed method.

Abstract With promising benefits such as traffic emission reduction, traffic congestion alleviation, and parking problem solving, Electric Vehicle (EV)-sharing systems have attracted large attentions in recent years. Different from other business modes, customers in sharing economy systems are usually price sensitive. Therefore, it is possible to shift the usage of shared EVs through a well-designed Dynamic Pricing Scheme (DPS), with the objective of maximizing the system operator's total profit. In this study, we propose a novel DPS for a large-scale EV-sharing network to address the EV unbalancing issue and satisfy the vehicle-grid-integration (VGI) service based on accurate station-level demand prediction. The proposed DPS is formulated as a complex optimization problem, which includes two Price Adjustment Level (PAL) decision variables for every origin-destination pair of stations. The two PALs are employed to affect the EV-sharing demand and travel time between each station pair, respectively. Physical and operational constraints from both EV demand and VGI service aspects are also included in the proposed model. Two case study are conducted to validate the effectiveness of the proposed method.

Points out that sustainability as such does not provide a clearcut guide to policy. First one has to decide what is to be sustained. If this is agreed, it must be in an operational from. However, difficulties may still emerge since opinions may differ about how to achieve. This is illustrated by differences in the views of economists about how sustainable development is to be achieved. Orthodox economists stress the importance of the accumulation of man-made capital to achieve this end whereas neo-Malthusians stress the importance of conserving natural resource and environmental capital. Both take an anthropocentric point of view. For political reasons the neo-Malthusian has had little support but it may eventually turn out to be correct. Economics is concerned with reducing economic scarcity and economists have traditionally suggested four main ways of doing this of which economic growth is one. However, neo-Malthusian economists believe that this may not be a sustainable strategy – it may result in future poverty. It should be noted that economic systems are embedded in social and natural systems and depend on these. Economic sustainability depends on the sustainability of these other systems. So from this point of view, it is just one of several bottom lines. Values must be considered in relation to sustainability. Economics is completely anthropocentric in its approach. Therefore, economic approaches to conservation and sustainability can be at odds with the values of deep ecologists or those willing to accord rights to other sentient beings or ecosystems independent of human wishes, or those who want to make use of value judgments other than those based on the measuring rod of money. Consequently economics evaluation is sometimes ineffective in resolving social conflict, including conflict about what should be sustained. As a rule economics alone should not be the final arbiter of social decisions. It is a part (often an important part) of the social evaluation process but not the bottom line, or just one of many lines.