Optimal control of multi-assets liquidation in view of volatility risk was studied. The analytical solution of optimal strategy was achieved with the calculus of variation. Numerical examples and graphical illustratio...Optimal control of multi-assets liquidation in view of volatility risk was studied. The analytical solution of optimal strategy was achieved with the calculus of variation. Numerical examples and graphical illustrations were also given. The conclusion shows that the optimal strategy is the linear combination of time's hyperbolic sine and hyperbolic cosine. The investor's attitude towards risk can influence the optimal strategy. In order to avoid the uncertainty of the execution cost, the investor with high risk aversion liquidates assets rapidly in the early period. The decrease of liquidation loss is at the cost of the increase of the volatility level.展开更多
This paper analyzes the level, characteristics and existing problems of current electricityprice in China. Under the present circumstances the overall orientation of power price reform inthe 10th Five-year Plan period...This paper analyzes the level, characteristics and existing problems of current electricityprice in China. Under the present circumstances the overall orientation of power price reform inthe 10th Five-year Plan period should satisfy the requirements of power industry restructuring.Therefore, it is necessary to set up an appropriate pricing mechanism and system including thelinks of sales price to network, transmission and distribution price (T&D price) and sales price.In the light of various factors influencing increase and decrease in price, a forecast of electricitytariff is given in the five years to come.[展开更多
Large size utility boilers develop rapidly in China, both their reliability and economics have reached better level. The operating situations of various existing boilers on the basis of different coals are analyzed, i...Large size utility boilers develop rapidly in China, both their reliability and economics have reached better level. The operating situations of various existing boilers on the basis of different coals are analyzed, it is held that, the notable energy imbalance of furnace exit, ever existing in the tangential firing boilers has been solved, with comparatively lower NOX emission concentration of gained. The higher NOX emission concentration and furnace slagging etc. problems existing in wall firing boilers are notable. The comprehensive analysis shows that, it is appropriate to choose lower furnace volume heat release rate and higher flame height in the type selection design of boilers, and sufficient margin should be kept in the selection of coal pulverizing mills.展开更多
A novel current-source active power filter (APF) based on multi-modular converter with carrier phase-shifted SPWM (CPS-SPWM) technique is proposed. With this technique, the effect of equivalent high switching frequenc...A novel current-source active power filter (APF) based on multi-modular converter with carrier phase-shifted SPWM (CPS-SPWM) technique is proposed. With this technique, the effect of equivalent high switching frequency con-verter is obtained with low switching frequency converter. It is very promising in current-source APF that adopt super-conducting magnetic energy storage component.展开更多
Internet of Things （IoT） devices are increasingly being fotmd in civilian and military contexts, ranging from smart cities and smart grids to Internet-of-Medical-Things, Internet-of-Vehicles, Internet-of-Military-Th...Internet of Things （IoT） devices are increasingly being fotmd in civilian and military contexts, ranging from smart cities and smart grids to Internet-of-Medical-Things, Internet-of-Vehicles, Internet-of-Military-Things, Internet-of- Battlefield-Things, etc. In this paper, we survey articles presenting IoT security solutions published in English since January 2016. We make a nmnber of observations, including the lack of publicly available loT datasets that can be used by the research and practitioner communities. Given the potentially sensitive nature of IoT datasets, there is a need to develop a standard for sharing IoT datasets among the research and practitioner communities and other relevant stakeholders. Thus, we posit the potential for blockehain technology in facilitating secure sharing of IoT datasets （e.g., using blockchain to ensure the integrity of shared datasets） and securing loT systems, before presenting two conceptual blockchain-based approaches. We then conclude this paper with nine potential research questions.展开更多
文摘Optimal control of multi-assets liquidation in view of volatility risk was studied. The analytical solution of optimal strategy was achieved with the calculus of variation. Numerical examples and graphical illustrations were also given. The conclusion shows that the optimal strategy is the linear combination of time's hyperbolic sine and hyperbolic cosine. The investor's attitude towards risk can influence the optimal strategy. In order to avoid the uncertainty of the execution cost, the investor with high risk aversion liquidates assets rapidly in the early period. The decrease of liquidation loss is at the cost of the increase of the volatility level.
文摘This paper analyzes the level, characteristics and existing problems of current electricityprice in China. Under the present circumstances the overall orientation of power price reform inthe 10th Five-year Plan period should satisfy the requirements of power industry restructuring.Therefore, it is necessary to set up an appropriate pricing mechanism and system including thelinks of sales price to network, transmission and distribution price (T&D price) and sales price.In the light of various factors influencing increase and decrease in price, a forecast of electricitytariff is given in the five years to come.[
文摘Large size utility boilers develop rapidly in China, both their reliability and economics have reached better level. The operating situations of various existing boilers on the basis of different coals are analyzed, it is held that, the notable energy imbalance of furnace exit, ever existing in the tangential firing boilers has been solved, with comparatively lower NOX emission concentration of gained. The higher NOX emission concentration and furnace slagging etc. problems existing in wall firing boilers are notable. The comprehensive analysis shows that, it is appropriate to choose lower furnace volume heat release rate and higher flame height in the type selection design of boilers, and sufficient margin should be kept in the selection of coal pulverizing mills.
文摘A novel current-source active power filter (APF) based on multi-modular converter with carrier phase-shifted SPWM (CPS-SPWM) technique is proposed. With this technique, the effect of equivalent high switching frequency con-verter is obtained with low switching frequency converter. It is very promising in current-source APF that adopt super-conducting magnetic energy storage component.
文摘Internet of Things （IoT） devices are increasingly being fotmd in civilian and military contexts, ranging from smart cities and smart grids to Internet-of-Medical-Things, Internet-of-Vehicles, Internet-of-Military-Things, Internet-of- Battlefield-Things, etc. In this paper, we survey articles presenting IoT security solutions published in English since January 2016. We make a nmnber of observations, including the lack of publicly available loT datasets that can be used by the research and practitioner communities. Given the potentially sensitive nature of IoT datasets, there is a need to develop a standard for sharing IoT datasets among the research and practitioner communities and other relevant stakeholders. Thus, we posit the potential for blockehain technology in facilitating secure sharing of IoT datasets （e.g., using blockchain to ensure the integrity of shared datasets） and securing loT systems, before presenting two conceptual blockchain-based approaches. We then conclude this paper with nine potential research questions.
