Risk hedging against the fuel price fluctuation in energy service business

Energy service business, or energy service company (ESCO), is expanding among industrial users as a means of energy saving. The ESCO business normally tends to become a long-term operation. During the operation, fluctuations of fuel and electricity costs significantly impact on the stability of the profit from ESCO business. Therefore, it is essential to reduce the risk of fuel and electricity cost fluctuations. Generally, a transaction called “financial derivative” is used as a measure of hedging against the fuel price fluctuation. In the case of ESCO business, it is necessary to manage the risk of both electricity and fuel price fluctuations because the variation in electricity price strongly affects the profit from ESCO as that in fuel price does.     

Differential Scanning Calorimetric Study of Solidification Behavior of Monoacylglycerols to Investigate the Cold-Flow Properties of Biodiesel

Monoacylglycerols (MAG) are impurities present in biodiesel as a result of incomplete reactions. MAG often solidify in biodiesel even at room temperature because of their high melting points. This worsens the cold-flow properties such as the cloud point and pour point. We hypothesized that several types of MAG solidify simultaneously; therefore, we performed differential scanning calorimetry of binary mixtures of MAG to elucidate their interactions during solidification. Three thermodynamic formulas were then applied to the experimental results: (1) non-solid-solution, (2) solid-solution, and (3) compound formation models. Binary mixtures of MAG showed complicated liquidus curves with multiple upward convex shapes, with which only the compound formation model fitted well. This model was applied to multicomponent mixtures that consisted of MAG and fatty acid methyl esters (FAME) as surrogate biodiesel fuels. We confirmed that the model still worked well. The results show that the compound formation model has good potential for predicting the cold-flow properties of biodiesel.     

Suitable parameters of single-mode optical fibre

A new method for determining suitable single-mode fibre parameters is examined. Suitable fibre parameters are determinable by minimising cabling- and splicing-loss increases. An eight-fibre cable was manufactured and the loss increases were measured. ? = 0.2% and V = 2.2 are the values selected using this method and for the experimental results.     

EXPERIMENTAL STUDIES ON A NOVEL CHEMICAL HEAT PUMP DRYER USING A GAS-SOLID REACTION

The authors have been studying Chemical Heat Pumps (CHP) from the viewpoints of energy saving and environmental impact. The CHP can store thermal energy in the form of chemical energy by an endothermic reaction, and release it at various temperature levels during heat demand periods by exo/endothermic reactions. The authors have proposed in an earlier study a novel chemical heat pump (CHP) system for environmentally-friendly effective utilization of thermal energy in drying as a chemical heat pump dryer (CHPD). In this exploratory study, we test the effectiveness of operating the proposed CHPDs experimentally. Basic experiments on the CHPDs such as hot dry air production for convective drying are performed on lab-scale CHPD apparatuses using gas-solid reactions in calcium oxide/calcium hydroxide reactant beds. The proposed CHPDs are found to produce hot air by CHP operation for drying. The temperature levels of the produced hot air and the reaction rates/conversions are as good as in the case of hot water supply system using basically same CHP operation. The cold heat for air dehumidification is also found to be generated/recovered by the same CHPD system. The generated heat amounts can be increased by changing the operating conditions although the heat recovery must be enhanced for practical application of CHPDs.     

Effects of α-tocopherol level in raw venison on lipid oxidation and volatiles during storage

Relationships between α-tocopherol concentration in the muscle and development of lipid oxidation or volatiles in raw venison were studied. Fourteen Japanese Shika Deer (Cervus nippon) were fed various amounts (0–3.0 g of α-tocopheryl acetate per animal) during the different periods (0–37 days) and then M. longissimus thoracium et lumborum (LD muscles) with a range of α-tocopherol concentrations (4.1–15.1 mg/kg tissue) were obtained. For stabilizing the lipid during storage for 11 days under air, over ca. 9 mg of α-tocopherol per kg tissue were required based on levels of 2-thiobarbituric acid reacting substances (TBARS) numbers. Nine compounds were identified in headspace volatiles, and one of the volatiles was hexanal which has been recognized as off-flavour component. For depressing the hexanal evolution, at least ca. 9 mg of α-tocopherol per kg tissue were also required for 11 days’ storage. This value was much higher than other species. The reasons for higher requirement of α-tocopherol were possibly due to the higher concentration of unsaturated fatty acid and myoglobin in venison.     

Behavior of a two-stage absorption heat transformer combining latent and sensible heat exchange modes

A two-stage absorption heat transformer (TAHT) and its improved version, the cycle incorpaorating latent heat and sensible heat modes, are investigated by emplying energy-utilization diagrams (EUDs). Utilizing the exhaust gas of a gas turbine as the heat source and employing the water/lithium bromide as the working fluid, it has been concluded that this is an effective way of decreasing the exergy loss by combining latent and sensible heat exchange modes. Furthermore, the temperature of the useful heat is increased. This analysis can provide a basis for synthesis and development of absorption heat transformer systems.     

FreeWalk: a 3D virtual space for casual meetings

A meeting environment for casual communication in a networked community, FreeWalk provides a 3D common area where everyone can meet and talk freely. FreeWalk represents participants as 3D polygon pyramids, on which their live video is mapped. Voice volume remains proportional to the distance between sender and receiver. For evaluation, we compared communications in FreeWalk to a conventional desktop videoconferencing system and a face-to-face meeting     

Thermodynamic calculation of phase equilibria of the Bi-Sn-Zn system

A thermodynamic assessment of the Bi-Sn-Zn ternary system was carried out by considering the experimental data including the phase equilibria and thermodynamic properties on the basis of the CALPHAD method. A set of optimized thermodynamic parameters has been obtained, which leads to a very good fit between calculation and experiments. In particular, the thermodynamic calculations in the Sn-rich portion are presented in view of the recent progress in Pb-free solder alloys.     

Miscibility gap due to ordering in the BCC Fe-Ge system

Phase equilibria in the bcc Fe-Ge system have been investigated by means of electron probe microanalysis and transmission electron microscopy. Two kinds of ordered phases, B2 and DO₃ types, have been detected, the B2 phase being formed from the disordered A2 phase by a 2nd order transition. The DO₃ phase is also formed from the B2 phase by a 2nd or higher order transition at higher temperatures. Below about 820 °C, however, the transition becomes a 1st order, and a miscibility gap between these ordered phases occurs in the composition range from 13 to 16 at. pct Ge. It has been also confirmed that the solubility of Ge in the bec phase shows a retrogression due to the formation of DO₃ phase. On the basis of these experimental results, the phase diagram for the Fe-Ge system has been partly revised.