History and the Status of Electric Ship Propulsion, Integrated Power Systems, and Future Trends in the U.S. Navy

2015 ◽  
Vol 103 (12) ◽  
pp. 2243-2251 ◽  
Author(s):  
Norbert Doerry ◽  
John Amy ◽  
Cy Krolick
Keyword(s):  
Power Systems ◽  
Future Trends ◽  
Ship Propulsion ◽  
Electric Ship ◽  
The Status ◽  
The U.S ◽  
Integrated Power Systems

Why Not Allow FASB and IASB Standards to Compete in the U.S.?

2001 ◽  
Vol 15 (3) ◽  
pp. 257-271 ◽  
Author(s):  
Ronald A. Dye ◽  
Shyam Sunder
Keyword(s):  
Network Externalities ◽  
Accounting Standards ◽  
Standard Setting ◽  
Regulatory Competition ◽  
Regulatory Body ◽  
Financial Reports ◽  
Increased Risk ◽  
The Status ◽  
Informative Signals ◽  
The U.S

This paper discusses arguments for and against introducing competition into the accounting standard-setting process in the U.S. by allowing individual corporations to issue financial reports prepared in accordance with either FASB or IASB rules. The paper examines several arguments supporting the status quo, including (1) the FASB's experience and world leadership in making accounting rules; (2) the increased risk of a “race to the bottom” under regulatory competition; (3) the inability of most users of financial reports to understand the complex technical issues underlying accounting standards; (4) the possibility that IASB's standards will be diluted to gain international acceptance, allowing additional opportunities for earnings management; (5) the risks of the IASB being deadlocked or captured by interests hostile to business; (6) the costs of experimentation in standard setting; and (7) economies from network externalities. Arguments examined on the other side include how competition will (1) help meet the needs of globalized businesses; (2) increase the likelihood that the accounting standards will be efficient; (3) help protect standard setters from undue pressure from interest groups; (4) allow different standards to develop for different corporate clienteles; (5) allow corporations to send more informative signals by their choice of accounting standards; (6) protect corporations against capture of regulatory body by narrow interests; and (7) not affect network externalities at national or global scales.

scholarly journals A Comeback of Wind Power in Shipping: An Economic and Operational Review on the Wind-Assisted Ship Propulsion Technology

2021 ◽  
Vol 13 (4) ◽  
pp. 1880
Author(s):  
Todd Chou ◽  
Vasileios Kosmas ◽  
Michele Acciaro ◽  
Katharina Renken
Keyword(s):  
Fossil Fuels ◽  
Secondary Data ◽  
Decision Makers ◽  
Transport Sector ◽  
Key Factors ◽  
Ship Propulsion ◽  
Fuel Savings ◽  
Technological Growth ◽  
The Status ◽  
Promising Solution

Wind-assisted ship propulsion (WASP) technology seems to be a promising solution toward accelerating the shipping industry’s decarbonization efforts as it uses wind to replace part of the propulsive power generated from fossil fuels. This article discusses the status quo of the WASP technological growth within the maritime transport sector by means of a secondary data review analysis, presents the potential fuel-saving implications, and identifies key factors that shape the operational efficiency of the technology. The analysis reveals three key considerations. Firstly, despite the existing limited number of WASP installations, there is a promising trend of diffusion of the technology within the industry. Secondly, companies can achieve fuel savings, which vary depending on the technology installed. Thirdly, these bunker savings are influenced by environmental, on-board, and commercial factors, which presents both opportunities and challenges to decision makers.

Data mining applications in power systems — Case-studies and future trends

2009 ◽  
Author(s):  
Zita A. Vale ◽  
Carlos Ramos ◽  
Sergio Ramos ◽  
Tiago Pinto
Keyword(s):  
Data Mining ◽  
Power Systems ◽  
Case Studies ◽  
Future Trends

scholarly journals Economic dispatch of wind integrated power systems with energy storage considering composite operating costs

2016 ◽  
Vol 10 (5) ◽  
pp. 1294-1303 ◽  
Author(s):  
Houhe Chen ◽  
Rufeng Zhang ◽  
Linquan Bai ◽  
Guoqing Li ◽  
Fangxing Li
Keyword(s):  
Energy Storage ◽  
Power Systems ◽  
Economic Dispatch ◽  
Operating Costs ◽  
Integrated Power Systems

Operating Nuclear Plant License Renewal Program Status and Trends

2011 ◽  
Author(s):  
Garry G. Young
Keyword(s):  
Renewal Process ◽  
Nuclear Plant ◽  
Positive Trend ◽  
Plant Operation ◽  
Renewal Program ◽  
Status And Trends ◽  
The Status ◽  
Main Factors ◽  
License Renewal ◽  
The U.S

As of February 2011, the NRC has renewed the operating licenses for 62 nuclear units, which will allow for up to 60 years of safe nuclear plant operation. In addition, the NRC has license renewal applications under review for 20 units and nuclear plant owners of more than 17 units have announced plans to submit license renewal applications over the next few years. This brings the total of renewed licenses and announced plans for license renewal to over 95% of the 104 currently operating nuclear units in the U.S. This paper presents the status of the U.S. license renewal process, the positive trend in regulatory stability through 2007, and the negative trend in regulatory stability after 2007. From 2000 through 2007, the NRC was able to complete the license renewal review and issue renewed licenses in 30 months or less for 100% of the license renewal applicants. In fact, approximately 77% of the reviews were completed in 22 months or less. Since 2007, NRC reviews have become much less predictable, with 21% of the reviews exceeding 30 months and only 7% being completed in 22 months or less. In fact, some reviews currently underway have exceeded 60 months and the reviews remain incomplete. One of the main factors leading to the loss of timely regulatory reviews has been the NRC adjudicatory process for license renewal, although the safety and environmental review processes have also become less timely since 2007. The factors that contributed to the positive and the negative trends are presented.

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