• Energy Research

In recent years, algorithmic-based market manipulation in stock and power markets has considerably increased, and it is difficult to identify all such manipulation cases. This causes serious challenges for market regulators. This work highlights and lists various aspects of the monitoring of stock and power markets, using as test cases the regulatory agencies and regulatory policies in diverse regions, including Hong Kong, the United Kingdom, the United States and the European Union. Reported cases of market manipulations in the regions are examined. In order to help establish a relevant digital regulatory system, this work reviews and categorizes the indicators used to monitor the stock and power markets, and provides an in-depth analysis of the relationship between the indicators and market manipulation. This study specifically compiles a set of 10 indicators for detecting manipulation in the stock market, utilizing the perspectives of return rate, liquidity, volatility, market sentiment, closing price and firm governance. Additionally, 15 indicators are identified for detecting manipulation in the power market, utilizing the perspectives of market power (also known as pricing power or market structure), market conduct and market performance. Finally, the study elaborates on the current challenges in the regulation of stock and power markets in terms of parameter performance, data availability and technical requirements.

This study investigates Smart Grid Optimised Buildings (SGOBs) which can respond to real-time electricity prices by utilising battery storage systems (BSS). Different building design characteristics are assessed to evaluate the impact on energy use, the interaction with the battery, and potential for peak load shifting. Two extreme cases based on minimum and maximum annual energy consumption were selected for further investigation to assess their capability of utilising BSS to perform arbitrage, under real-time pricing. Three operational dispatch strategies were modelled to allow buildings to provide such services. The most energy-efficient building was capable of shifting a higher percentage of its peak loads and export more electricity, when this is allowed. When using the biggest battery (220 kWh) to only meet the building loads, the energy-efficient building was able to shift 39.68% of its original peak loads in comparison to the 33.95% of the least efficient building. With exports allowed, the shifting percentages went down to 31.76% and 29.46%, respectively, while exports of 18.08 and 16.34 kWh/m2 took place. The formation of a regulatory framework is vital in order to establish proper motives for buildings to undertake an active role in the smart grid.

Buildings are one of the largest contributors to energy consumption and greenhouse gas emissions (GHG) in the world. There is an increased interest in building performance evaluation as an essential practice to design a sustainable building. Building performance is influenced by various terms, for example, designs, construction-related factors such as building envelope and airtightness, and energy technologies with or without micro-generations. How well a building performs thermally is key to determining the level of energy demand and GHG emissions. Building standards and regulations, in combination with assessments (e.g., energy modeling tools) and certifications, provide sets of supports, guidelines and instructions for designers and building engineers to ensure users’ health and well-being, consistency in construction practices and environmental protection. This paper reviews, evaluates and suggests a sequence of building performance methods from the UK perspective. It shows the relationships between such methods, their evolutions and related tools, and further highlights the importance of post-occupancy analysis and how crucial such assessments could be for efficient buildings.

This study examines the influence of demand-response control strategies on thermal conditions, indoor air CO2 concentration, and heating energy cost and consumption in an educational office buildin...

Residents’ willingness to use green energy products is a major concern for different stakeholders and policymakers due to the reformed Chinese electricity market since 2015. This study focused on the Chinese consumer’s willingness to opt and pay for environmentally-friendly electricity sources in Shanghai’s residential sector. A questionnaire survey was used to find out the influence of gender, age, education, awareness and income level on consumers’ attitudes to alter their energy sources to green ones. The results indicated that income level and awareness are significant barriers in the usage of green energy products. Increasing the respondent’s awareness about the issues of non-green energy products convinced 97% of them to change their electricity sources completely or partly, in line with their monthly income. This clearly shows that clarifying the benefits of green energy products is a key tool to achieve a green environment in China.

Achieving climate neutrality requires reducing energy consumption and CO2 emissions in the building sector, which has prompted increasing attention towards nearly zero energy, zero energy, and positive energy communities of buildings; there is a need to determine how individual buildings up to communities of buildings can become more energy efficient. This study addresses the scientific problem of optimizing energy efficiency strategies in building areas and identifies gaps in existing theories related to passive design strategies, active energy systems, and renewable energy integration. This study delineates boundaries at the building and community scales to examine the challenges of attaining energy efficiency goals and to emphasize the intricate processes of selecting, integrating, and optimizing energy systems in buildings. The four boundaries describe: (B1) energy flows through the building envelope; (B2) energy flows through heating, ventilation, air conditioning and energy systems; (B3) energy flows through individual buildings; (B4) energy flows through a community of buildings. Current theories often treat these elements in isolation, and significant gaps exist in interdisciplinary integration, scalable frameworks, and the consideration of behavioral and socioeconomic factors. Achieving nearly zero energy, zero energy, and positive energy communities requires seamless integration of renewable energy sources, energy storage systems, and energy management systems. The proposed boundaries B1–B4 can help not only in analyzing the various challenges for achieving high energy efficiency in building communities but also in defining and evaluating these communities and establishing fair methods for energy distribution within them. The results demonstrate that these boundaries provide a comprehensive framework for energy-efficient designs, constructions, and operational practices across multiple buildings, ensuring equitable energy distribution and optimized performance. In addition, the definition of boundaries as B1-B4 contributes to providing an interface for energy-efficient designs, constructions and operational practices across multiple buildings.

Exporting generated electricity by on-site renewable energy systems from buildings to the grid is only slightly profitable in many countries. Therefore, it is required to investigate the benefits of sharing generated energy in a microgrid within a community of buildings. Exploiting the benefits of peer-to-peer energy exchange between prosumers in a community can make the best use of the on-site generation while reducing their bills. This study elaborates the potential of energy management to minimize the electricity cost of a community consisted of multiple buildings and connected to a microgrid. To implement this, an energy management system is designed based on non-linear economic model predictive control and successive linear programming for sharing the on-site surplus generated electricity between the buildings in the community. Four buildings are simulated and studied as an example of a small community. These buildings are dissimilar in their age, thermal mass, insulation, heating system and on-site renewable energy systems. It is shown that considering the community of buildings as a single entity, the novel model predictive control can be efficiently used for minimizing the energy cost of the community that has various sources of energy generation, conversion and storage, including significant non-linear interactions. Three different scenarios of the energy management system for the studied community are investigated, and the results indicate that the annual electricity energy cost for single buildings can be reduced by 3.0% to 87.9%, depending on the building and its systems, and by 5.4% to 7.7% on the community level.

This paper reported a review based study into the Indirect Evaporative Cooling (IEC) technology, which was undertaken from a variety of aspects including background, history, current status, concept, standardisation, system configuration, operational mode, research and industrialisation, market prospect and barriers, as well as the future focuses on RD good distribution of the water stream across the wet surface of the exchanger plate (tube) and adequate (matching up the evaporation) control of the water flow rate are critical to achieving the expected system performance. It was noticed that the IEC devices were always in combined operation with other cooling measures and the commonly available IEC related operational modes are (1) IEC/DEC system; (2) IEC/DEC/mechanical vapour compression system; (3) IEC/desiccant system; (4) IEC/chilled water system; and (5) IEC/heat pipe system. The future potential operational modes may also cover the IEC-inclusive fan coil units, air handle units, cooling towers, solar driven desiccant cycle, and Rankine cycle based power generation system etc. Future works on the IEC technology may focus on (1) heat exchanger structure and material; (2) water flowing, distribution and treatment; (3) incorporation of the IEC components into conventional air conditioning products to enable combined operation between the IEC and other cooling devices; (4) economic, environment and social impacts; (5) standardisation and legislation; (6) public awareness and other dissemination measures; and (7) manufacturing and commercialisation. All above addressed efforts may help increase the market ratio of the IEC to around 20% in the next 20 years, which will lead to significant saving of fossil fuel consumption and cut of carbon emission related to buildings.