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This review organizes the current state of knowledge on the role of financial markets in energy transition. The originality of the study lies in the delimitation of its scope and diagnosis of research trends concerning the role of financing, innovation, and financial development sources. The study sets out to identify the role of the financial market in the energy transition process and present the state-of-the-art and main research focuses. For this purpose, a literature review was carried out based on the search results from the Web of Science database and using VOSViewer software, version 1.6.20. The analysis of 54 papers in the final sample allowed us to pinpoint the key links between financial markets and energy transition. Capital markets support green initiatives, with green bonds as a primary funding source. Blockchain and fintech technologies also significantly contribute to transition by offering innovative solutions. Additionally, a range of papers examine the costs associated with energy transition and the role of financial instruments in managing these. Regulatory challenges are another significant focus. This comprehensive analysis underscores the multifaceted relationship between financial markets and energy transition, providing insights into the current trends and the critical role of finance in fostering a sustainable future.

This paper evaluates the performance of a recently patented rotationally asymmetrical dielectric totally internally reflective concentrator (RADTIRC) under diffuse radiation. The RADTIRC has a geometrical concentration gain of 4.969 and two half acceptance angles of ± 30° and ± 40° along the x-axis and z-axis respectively. Simulation and experimental work have been carried out to determine the optical concentration gain under diffuse radiation. It was found that the RADTIRC has an optical concentration gain of 1.94 under diffuse irradiance. The experimental results for the single concentrator showed an optoelectronic gain of 2.13, giving a difference of 9.8% due to factors such as the presence of direct radiation during experiments, the increase in diffuse radiation due to the reflection from surrounded buildings as well as from the ground reflection.

Abstract The article introduces the process of deep energy retrofit carried out on a residential building in the UK, using a ‘TCosy’ approach in which the existing building is completely surrounded by a new thermal envelope. It reports on the entire process, from establishing the characteristics of the existing building, carrying out design simulations, documenting the off- site manufacture and on-site installation, and carrying out instrumental monitoring, occupant studies and performance evaluation. Multi-objective optimisation is used throughout the process, for establishing the characteristics of the building before the retrofit, conducting the design simulations, and evaluating the success of the completed retrofit. Building physics parameters before and after retrofit are evaluated in an innovative way through simulation of dynamic heating tests with calibrated models, and the method can be used as quality control measure in future retrofit programmes. New insights are provided into retrofit economics in the context of occupants’ health and wellbeing improvements. The wide scope of the lessons learnt can be instrumental in the creation of continuing professional development programmes, university courses, and public education that raises awareness and demand. These lessons can also be valuable for development of new funding schemes that address the outstanding challenges and the need for updating technical reference material, informing policy and building regulations.

Abstract Subcooled flow boiling is frequently encountered in hot assemblies in nuclear power plant. Considerable efforts have been made to improve the understanding of boiling process and prediction of critical heat flux (CHF). In this study, the effects of non-uniform heat input on heat transfer characteristics are further investigated, so that more realistic descriptions of practical systems can be achieved vis-a-vis usual heat input assumptions. A CFD model has been built to predict subcooled flow boiling process in a vertical round pipe. The capability of the model is validated against experimental results in the publication. A variety of non-uniform heat input profiles are tested using this validated CFD model. Results show that a regular triangle-shape heat input profile will cause stronger vapour generation in the middle of the heating region. Also, the risk of reaching CHF may be increased with the position of maximum heat flux moving downstream.

The decarbonisation of heating in the United Kingdom is likely to entail both the mass adoption of heat pumps and widespread development of district heating infrastructure. Estimation of the spatially disaggregated heat demand is needed for both electrical distribution network with electrified heating and for the development of district heating. The temporal variation of heat demand is important when considering the operation of district heating, thermal energy storage and electrical grid storage. The difference between the national and urban heat demands profiles will vary due to the type and occupancy of buildings leading to temporal variations which have not been widely surveyed. This paper develops a high-resolution spatiotemporal heat load model for Great Britain (GB: England, Scotland a Wales) by identifying the appropriate datasets, archetype segmentation and characterisation for the domestic and nondomestic building stock. This is applied to a thermal model and calibrated on the local scale using gas consumption statistics. The annual GB heat demand was in close agreement with other estimates and the peak demand was 219 GWth. The urban heat demand was found to have a lower peak to trough ratio than the average national demand profile. This will have important implications for the uptake of heating technologies and design of district heating.

The capillary effect has wide applications from biology and textile engineering to nanotechnology especially the micro-electromechanical systems and microfluidics device. The capillary vibration significantly affects its mass transmission. This paper establishes a nonlinear oscillator of a deforming capillary tube. The geometric potential theory is used to estimate the capillary force. The paper reveals that the low-frequency property of capillary vibration plays an important role not only in life but also engineering applications.

This work addresses the problem of energy consumption time series forecasting. In our approach, a set of time series containing energy consumption data is used to train a single, parameterised prediction model that can be used to predict future values for all the input time series. As a result, the proposed method is able to learn the common behaviour of all time series in the set (i.e., a fingerprint) and use this knowledge to perform the prediction task, and to explain this common behaviour as an algebraic formula. To that end, we use symbolic regression methods trained with both single- and multi-objective algorithms. Experimental results validate this approach to learn and model shared properties of different time series, which can then be used to obtain a generalised regression model encapsulating the global behaviour of different energy consumption time series.

Abstract Despite multiple studies of the impact of climate change on temperate tree species, experiments on tropical and economically important tree crops, such as cacao (Theobroma cacao L.), are still limited. Here, we investigated the combined effects of increased temperature and atmospheric carbon dioxide concentration ([CO2]) on the growth, photosynthesis and development of juvenile plants of two contrasting cacao genotypes: SCA 6 and PA 107. The factorial growth chamber experiment combined two [CO2] treatments (410 and 700 p.p.m.) and three day/night temperature regimes (control: 31/22 °C, control + 2.5 °C: 33.5/24.5 °C and control + 5.0 °C: 36/27 °C) at a constant vapour pressure deficit (VPD) of 0.9 kPa. At elevated [CO2], the final dry weight and the total and individual leaf areas increased in both genotypes, while the duration for individual leaf expansion declined in PA 107. For both genotypes, elevated [CO2] also improved light-saturated net photosynthesis (Pn) and intrinsic water-use efficiency (iWUE), whereas leaf transpiration (E) and stomatal conductance (gs) decreased. Under a constant low VPD, increasing temperatures above 31/22 °C enhanced the rates of Pn, E and gs in both genotypes, suggesting that photosynthesis responds positively to higher temperatures than previously reported for cacao. However, dry weight and the total and individual leaf areas declined with increases in temperature, which was more evident in SCA 6 than PA 107, suggesting the latter genotype was more tolerant to elevated temperature. Our results suggest that the combined effect of elevated [CO2] and temperature is likely to improve the early growth of high temperature-tolerant genotypes, while elevated [CO2] appeared to ameliorate the negative effects of increased temperatures on growth parameters of more sensitive material. The evident genotypic variation observed in this study demonstrates the scope to select and breed cacao varieties capable of adapting to future climate change scenarios.