scholarly journals Evolutionary Analysis of a Three-Dimensional Carbon Price Dynamic System

2018 ◽  
Vol 11 (1) ◽  
pp. 116 ◽  
Author(s):  
Xinghua Fan ◽  
Ying Zhang ◽  
Jiuli Yin

The carbon market is the least-cost tool to reduce carbon emissions. This study explores the evolution of the carbon price in the carbon market from a dynamic system perspective. A three-dimensional carbon price dynamic system is established to quantify the interactions among the carbon price, energy price, and economic growth. The system built in this study presents various dynamic characteristics including chaotic attractors and stable equilibria. Specifically, the existence of chaos in the system is verified by Lyapunov exponents spectrum and bifurcation diagram. In contrast, the system tends to be stable in the case of China after identifying the system parameters through the genetic algorithm. Furthermore, evolutionary trends of the carbon price are analyzed when the system parameters are perturbed. The results show that the carbon price is positively correlated with energy price as well as energy price policy. Besides, the level of the carbon price is negatively correlated with government control in the short term and positively correlated in the long term. This study can help analyze trends in the carbon price in the mid-term to long-term.

Energies ◽  
2020 ◽  
Vol 13 (13) ◽  
pp. 3471
Author(s):  
Wei Sun ◽  
Junjian Zhang

In response to climate change and environmental issues, many countries have gradually optimized carbon market management and improved the carbon market trading mechanism. Carbon price prediction plays a pivotal role in promoting carbon market management when investors are guided by prediction to conduct rational carbon trading. A novel carbon price prediction methodology is constructed based on ensemble empirical mode decomposition, improved bat algorithm, and extreme learning machine (EEMD-IBA-ELM) in this study. Firstly, the carbon price is decomposed into multiple regular intrinsic mode function (IMF) components by the ensemble empirical mode decomposition, and partial autocorrelation analysis (PACF) is used to find IMF historical data affecting the current value of IMF. Secondly, the improved bat algorithm (IBA) is used to heighten extreme learning machine (ELM) while adaptive parameters are obtained. Finally, EEMD-IBA-ELM was established to predict carbon price. Simultaneously, energy price fluctuation is introduced into the carbon price prediction model. As a consequence, EEMD-IBA-ELM carbon price prediction ability is further improved. In the empirical analysis, the historical carbon price of European Climate Exchange (ECX) and Korea Exchange (KRX) markets are used to examine the effectiveness and stability of the model. Errors of carbon price prediction in ECX and KRX is 2.1982% and 1.1762%, respectively. The results show that the EEMD-IBA-ELM carbon price prediction model can accurately predict carbon price when prediction effect shows strong stability. Furthermore, carbon price prediction accurateness was significantly enhanced by using energy price fluctuation as an influencing factor of carbon price prediction.


Author(s):  
Zhao-Peng Li ◽  
Li Yang ◽  
Si-Rui Li ◽  
Xiaoling Yuan

Purpose China’s national carbon market will be officially launched in 2020, when it will become the world’s largest carbon market. However, China’s carbon market is faced with various major challenges. One of the most important challenges is its impact on the social and economic development of arid and semi-arid regions. By simulating the carbon price trends under different economic development and energy consumption levels, this study aims to help the government can plan ahead to formulate various countermeasures to promote the integration of arid and semi-arid regions into the national carbon market. Design/methodology/approach To achieve this goal, this paper builds a back propagation neural network model, takes the third phase of the European Union Emissions Trading System (EU ETS) as the research object and uses the mean impact value method to screen out the important driving variables of European Union Allowance (EUA) price, including economic development (Stoxx600, Stoxx50, FTSE, CAC40 and DAX), black energy (coal and Brent), clean energy (gas, PV Crystalox Solar and Nordex) and carbon price alternatives Certification Emission Reduction (CER). Finally, this paper sets up six scenarios by combining the above variables to simulate the impact of different economic development and energy consumption levels on carbon price trends. Findings Under the control of the unchanged CER price level, economic development, black energy and clean energy development will all have a certain impact on the EUA price trends. When economic development, black energy consumption and clean energy development are on the rise, the EUA price level will increase. When the three types of variables show a downward trend, except for the sluggish development of clean energy, which will cause the EUA price to rise sharply, the EUA price trend will also decline accordingly in the remaining scenarios. Originality/value On the one hand, this paper incorporates driving factors of carbon price into the construction of carbon price prediction system, which not only has higher prediction accuracy but also can simulate the long-term price trend. On the other hand, this paper uses scenario simulation to show the size, direction and duration of the impact of economic development, black energy consumption and clean energy development on carbon prices in a more intuitive way.


Author(s):  
C.L. Woodcock

Despite the potential of the technique, electron tomography has yet to be widely used by biologists. This is in part related to the rather daunting list of equipment and expertise that are required. Thanks to continuing advances in theory and instrumentation, tomography is now more feasible for the non-specialist. One barrier that has essentially disappeared is the expense of computational resources. In view of this progress, it is time to give more attention to practical issues that need to be considered when embarking on a tomographic project. The following recommendations and comments are derived from experience gained during two long-term collaborative projects.Tomographic reconstruction results in a three dimensional description of an individual EM specimen, most commonly a section, and is therefore applicable to problems in which ultrastructural details within the thickness of the specimen are obscured in single micrographs. Information that can be recovered using tomography includes the 3D shape of particles, and the arrangement and dispostion of overlapping fibrous and membranous structures.


2020 ◽  
Vol 36 (06) ◽  
pp. 696-702
Author(s):  
Nolan B. Seim ◽  
Enver Ozer ◽  
Sasha Valentin ◽  
Amit Agrawal ◽  
Mead VanPutten ◽  
...  

AbstractResection and reconstruction of midface involve complex ablative and reconstructive tools in head and oncology and maxillofacial prosthodontics. This region is extraordinarily important for long-term aesthetic and functional performance. From a reconstructive standpoint, this region has always been known to present challenges to a reconstructive surgeon due to the complex three-dimensional anatomy, the variable defects created, combination of the medical and dental functionalities, and the distance from reliable donor vessels for free tissue transfer. Another challenge one faces is the unique features of each individual resection defect as well as individual patient factors making each preoperative planning session and reconstruction unique. Understanding the long-term effects on speech, swallowing, and vision, one should routinely utilize a multidisciplinary approach to resection and reconstruction, including head and neck reconstructive surgeons, prosthodontists, speech language pathologists, oculoplastic surgeons, dentists, and/or craniofacial teams as indicated and with each practice pattern. With this in mind, we present our planning and reconstructive algorithm in midface reconstruction, including a dedicated focus on dental rehabilitation via custom presurgical planning.


Author(s):  
Tingting Xia ◽  
Chengfei Xu ◽  
Pengfei Dai ◽  
Xiaoyun Li ◽  
Riming Lin ◽  
...  

Three-dimensional (3D) conductive polymers are promising conductive matrices for electrode materials toward electrochemical energy storage. However, their fragile nature and weak binding forces with active materials could not guarantee long-term...


2021 ◽  
pp. 112067212110000
Author(s):  
Annabel LW Groot ◽  
Jelmer S Remmers ◽  
Roel JHM Kloos ◽  
Peerooz Saeed ◽  
Dyonne T Hartong

Purpose: Recurrent contracted sockets are complex situations where previous surgeries have failed, disabling the wear of an ocular prosthesis. A combined method of surgery and long-term fixation using custom-made, three-dimensional (3D) printed conformers is evaluated. Methods: Retrospective case series of nine patients with recurrent excessive socket contraction and inability to wear a prosthesis, caused by chemical burns ( n = 3), fireworks ( n = 3), trauma ( n = 2) and enucleation and radiotherapy at childhood due to optic nerve glioma ( n = 1) with three average previous socket surgeries (range 2–6). Treatment consisted of a buccal mucosal graft and personalized 3D-printed conformer designed to be fixated to the periosteum and tarsal plates for minimal 2 months. Primary outcome was the retention of an ocular prosthesis. Secondary outcome was the need for additional surgeries. Results: Outcomes were measured at final follow-up between 7 and 36 months postoperatively (mean 20 months). Eight cases were able to wear an ocular prosthesis after 2 months. Three cases initially treated for only the upper or only the lower fornix needed subsequent surgery for the opposite fornix for functional reasons. Two cases had later surgery for cosmetic improvement of upper eyelid position. Despite pre-existing lid abnormalities (scar, entropion, lash deficiency), cosmetic outcome was judged highly acceptable in six cases because of symmetric contour and volume, and reasonably acceptable in the remaining two. Conclusions: Buccal mucosal transplant fixated with a personalized 3D-designed conformer enables retention of a well-fitted ocular prosthesis in previously failed socket surgeries. Initial treatment of both upper and lower fornices is recommended to avoid subsequent surgeries for functional reasons.


2012 ◽  
Vol 178-181 ◽  
pp. 2373-2377 ◽  
Author(s):  
Wen Tsung Liu ◽  
Yi Yi Li

From the 921 earthquake to the major typhoons, including the Morakot typhoon, they damaged original landscape of rivers in Taiwan. In recent years, it alleged that abutment bridge exposed to the most serious security problems. Because of bridge piers in addition to the face of long-term river erosion, the flood on the pier will produce localized erosion near the bridge. The pier will be due to inadequate bearing capacity, resulting in subsidence, displacement, bridge version accompanied by tilting and even caving. The river erosion of soil around the piers deposits and production of contraction will often reduce the bearing capacity. Therefore, how to accurately estimate the scour depth, calculate piers to withstand water impact and analyses its stability for preventing injuries in the first place is the current pressing issues. In this study, three-dimensional finite element method (FEM) analysis program Plaxis 3D foundation is used. Polaris second bridge is selected for analysis. Based on local scouring of the model and various numerical variable conditions, the parameter of bridge pier is studied.


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