Economic Analysis and Research of New Energy Vehicle Promotion Model

New energy vehicles represent the inevitable trend of future development.Compared to traditional fuel vehicles,they are more energy-saving and environmentally friendly,effectively reducing air pollution and mitigating excessive exploitation of oil resources,a stance strongly supported by governments.However,new energy vehicles possess certain drawbacks in terms of price and usability compared to traditional counterparts.Therefore,external support is imperative for their development.This paper delineates four main sections:the background of new energy vehicle promotion and application,a comparative analysis of domestic and foreign promotion models,specific promotion suggestions,and future development prospects.By leveraging insights from economic analysis,the optimal promotion model for new energy vehicles is elucidated.

Numerical Modeling and Technico-Economic Analysis of a Hybrid Energy Production System for Self-Consumption: Case of Rural Area in the Comoros

This study aims to provide electricity to a remote village in the Union of Comoros that has been affected by energy problems for over 40 years. The study uses a 50 kW diesel generator, a 10 kW wind turbine, 1500 kW photovoltaic solar panels, a converter, and storage batteries as the proposed sources. The main objective of this study is to conduct a detailed analysis and optimization of a hybrid diesel and renewable energy system to meet the electricity demand of a remote area village of 800 to 1500 inhabitants located in the north of Ngazidja Island in Comoros. The study uses the Hybrid Optimization Model for Electric Renewable (HOMER) Pro to conduct simulations and optimize the analysis using meteorological data from Comoros. The results show that hybrid combination is more profitable in terms of margin on economic cost with a less expensive investment. With a diesel cost of $1/L, an average wind speed of 5.09 m/s and a solar irradiation value of 6.14 kWh/m2/day, the system works well with a proportion of renewable energy production of 99.44% with an emission quantity of 1311.407 kg/year. 99.2% of the production comes from renewable sources with an estimated energy surplus of 2,125,344 kWh/year with the cost of electricity (COE) estimated at $0.18/kWh, presenting a cost-effective alternative compared to current market rates. These results present better optimization of the used hybrid energy system, satisfying energy demand and reducing the environmental impact.

A Homeowner-Based Methodology for Economic Analysis of Energy-Efficiency Measures in Residences

Residential energy-efficiency measures, besides energy savings, provide opportunities for improvement of thermal comfort, air quality, lighting quality, and operation. However, all these benefits sometimes are not enough to convince a homeowner to pay the incremental cost associated with the energy-efficiency measure. The objective of this work is to develop a methodology for the economic evaluation of residential energy-efficiency measures that can simplify the economic analysis for the homeowner while taking into consideration all factors associated with the purchase, ownership, and selling of the house with the energy-efficiency measure. The methodology accounts for direct and indirect economic parameters associated to an energy-efficiency measure;direct parameters such as the mortgage interest and fuel price escalation rate, and indirect parameters such as savings account interest and marginal income tax rate. The methodology also considers different cases based on the service life of the energy-efficiency measure and loss of efficiency through a derating factor. To estimate the market value, the methodology uses the future energy cost savings instead of the cost of the EEM. Results from the methodology offer to homeowner annual net savings and net assets. The annual net savings gives the homeowner a measure of the annual positive cash flow that can be obtained from an energy-efficiency project;but more important, the net assets offer a measure of the added net wealth. To simplify and increase the use of the methodology by homeowners, the methodology has been implemented in an Excel tool that can be downloaded from the TxAIRE’s website.

The Economic Analysis of Law as a Reference for the Grounds of Judicial Decisions

The present article aimed to analyze the application of the economic analysis of Law as a reference for the reasoning of judicial decisions.To that end,an analysis was carried out on the definitions of what is hermeneutics and economic analysis of law,based on the construction of the matrix rule of conduct for public administration.The method of the approach followed was empirical-dialectical,using bibliographic,legislative and jurisprudential research,having a reference to the Law and Economics.

Techno-Economic Optimization of Novel Stand-Alone Renewable Based Electric Vehicle Charging Station near Bahria Town Karachi,Sindh Pakistan

Electric vehicles (EVs) are the most interesting and innovative technology in the 21st century because of theirenormous advantages, both technically and economically. Their emissions rate compared to fuel-based vehicles isnegligible as they do not consume fuel and hence do not emit any harmful gases. However, their bulk production,adoption and lack of charging stations increase the stress of power stations due to modern-day lifestyles. If Electricvehicles demand increases drastically then conventional power stations will not bear their demand and if theygenerate electricity by conventional means it will be very costly and may further add greenhouse gases. Therefore,this research provides the techno-economic assessment of a stand-alone renewable-dependent electric vehiclecharging station, excluding any burden on electrical utility. The proposed study is carried out in Bahria Town,Karachi, a city in Pakistan. In this study, HOMER Pro software was utilized for techno-economic assessment. Ahybrid system comprising solar Photovoltaic/Wind Turbine/Fuel cells and battery storage is included in the model.Solar and wind resources were taken from NASA’s website, where charging stations will be integrated. The overallresults show promising in terms of total Net Present Cost and the Cost of Energy which are 2.72M $ and 0.237 $,respectively. The total system generation is 3,598 Megawatt hours per year, and the total energy consumption is 885Megawatt hours per year.

Analysis and Innovative Strategies of Tax Preferential Policies to Promote the Sustainable Development of Small-Scale Individual Businesses

This study conducted an in-depth analysis of the current tax preferential policies for small-scale individual businesses and compared them with similar policies both domestically and internationally,aiming to reveal the advantages and disadvantages of the current system.After examining the impact of these tax preferential policies on the economic status of individual business owners and the broader social economy,this article proposes a set of innovative tax preferential strategies based on theoretical foundations.By developing these innovative strategies and clarifying their implementation paths,the aim is to promote the sustainable and healthy development of small-scale individual businesses,thereby fostering comprehensive socio-economic progress.The conclusion of this study not only summarizes policy recommendations with practical significance but also provides theoretical support for the optimization and innovation of future related systems.

A STUDY ON STRUCTURAL ANALYSIS OF SUBURBAN ECOLOGICAL AND ECONOMIC SYSTEM ─Taking Tianjin Suburbs and Counties for Example

Along with the development of urban economy. the growth of urban population and the increase of needs of urban society, the suburban ecological and economic system changes constantly and profoundly in its structure and function.Intensifying the research on structural analysis of suburban ecological and economic system is of great significance for grasping light the laws governing the development and evolution of the suburban ecological and economic system and leading this system onto a path of sound circle. By making comprehensive use of the cluster analysis and latent structural analysis the author attempts to explore a new avenue of revealing the structure of suburban ecological and economic system, taking Tianjin suburbs and counties as an example. The results obtained from the above-stated analyses show that it is entirely possible and extremely effective to study the structure and function of suburban ecological and economic system and provide scientific evidence for control of this system by using mathematical methods and statistical analyses.

Co-integration Analysis on the Relationship between Methane Energy Development and Economic Growth in the City of Huixian

Based on the statistical data of Huixian from 1992 to 2010, we analyze the long-term and short-term relationship between Huixian's methane energy development and GDP by using co-integration test and error correction model. The empirical results show that there is a long-term equilibrium relationship between methane energy and GDP in the city of Huixian, and which is the one-way Granger causality of methane and GDP. In conclusion, the paper puts forward some steps about spurring economic growth, methane development and utilization in Huixian.

The Grey Correlation Analysis on the Relationship between the Rural Finance and the Rural Economical Growth in Sichuan Province

This paper analyzes the relationship between rural finance and the rural economy of Sichuan Province from 1999 to 2009 by using the sequential growth rate of the gross value of farming, forestry, animal husbandry and fishery and the sequential growth rate of the per capital total income of rural households as the indicators of rural economic development; and taking the volume of deposit, volume of credit, volume of agricultural credit and the credit volume of township enterprises as the indicators of rural financial development; as well as the method of grey correlation analysis. The results show that there is an obvious positive correlation between them, and the development of country finance has the closest connection with the sequential growth rate of farming, forestry, animal husbandry, sideline production and fishery. The loan scale of township enterprises has the biggest influence on the increase of the rural economy. The countermeasures are put forward, covering optimizing investment structure; supporting the development of township enterprises; encouraging loan; actively lightening the financial difficulties in the process of developing rural economy; innovating and exploring; and promoting the diversified development of rural finance.

Analyzing economic feasibility for investing in nursing care: Evidence from panel data analysis in 35 OECD countries

Objective:To analyze economic feasibility for investing in nursing care.Method:The number of practicing nurses'density per 1000 population as a proxy for nursing staff and Gross Domestic Product(GDP)per capita(current US$)were collected in 35 member countries of Organization for Economic Co-operation and Development(OECD)over 2000-2016 period.The statistical technique of panel data analysis including unit root test,cointegration analysis,Granger causality test,dynamic long-run model analysis and error correction model were applied to measure economic impact of nursing-related services.Results:There was a committed bilateral relationship between nurse-staffing level and GDP with longrun magnitudes of 1.39 and 0A1 for GDP-lead-nurse and nurse-lead-GDP directions in OECD countries,respectively.Moreover,the highest long-run magnitudes of the effect nursing staff has on increasing GDP per capita were calculated in Finland(2.07),Sweden(1.92),Estonia(1.68),Poland(1.52),Czech Republic(1.48),Norway(1.47)and Canada(1.24).Conclusion:Our findings verify that although the dependency of nursing characteristics to GDP per capita is higher than the reliance of GDP to number of nurses'density per 1000 population,investing in nursing care is economically feasible in OECD countries i.e.nursing is not only a financial burden(or cost)on health care systems,but also an economic stimulus in OECD countries.Hence,we alert governments and policy makers about the risk of underestimating the economic impacts of nurses on economic systems of OECD countries.

Nanofiltration Technology for Toxic or Harmful Ions Removal from Groundwater: Characteristics and Economic Analysis

Nanofiltration (NF) membrane can efficiently remove the ions from groundwater, especially for high valence ions. Results show that the removal rate of fluoride was approximately 67% by the NF system, while for arsenic the removal rate was more than 93%. NF presented the well selective removal for fluoride. The quality of product water meets the national drinking water standards. Therefore, the application of nanofiltration technology can significantly improve the drinking water environment of rural areas, avoiding the secondary pollution caused by other chemical treatment processes. The water product cost of NF technology is about RMB 0.026 yuan per liter, application of the process of 2:1 NF membranes arrangement for toxic or harmful ions removal from groundwater, including investment cost and operating cost. Therefore, NF technology for harmful ions removal is more economical than the price of the market bottled water and suitable for application in rural areas of China.

Economic analysis of energy interconnection between Europe and China with 100% renewable energy generation

The economic benefits of interconnecting the power grids of Europe(EU) and China(CN) were assessed considering 100% reliance on renewable energy(RE). Four different scenarios, energy storage without interconnection, installing additional renewable energy sources without interconnection, energy storage with interconnection, and installing additional RE sources with interconnection, were considered for the economic benefit analysis. A comparative study of these four scenarios was conducted to identify the best option for achieving hourly power balance. Further, sensitivity analysis was carried out to demonstrate the robustness of the results. Electricity interconnection between CN and EU decreases the annual additional costs by more than 30% when compared to the absence of interconnection, which demonstrates the necessity and benefits of CN-EU electricity interconnection.

Conductor selection and economic analysis of D.R.congo–guinea±800 kV UHVDC transmission project

Africa is embracing new opportunities featured with industrialization,urbanization and regionalization.Based on co-development of‘Electricity,Mining,Metallurgy,Industry and Trade’and grids interconnection proposed by Global Energy Interconnection Development and Cooperation Organization(GEIDCO),the high-quality hydropower resource of the Congo River can be exploited in large scale under the wide-range interconnected framework of African Energy Interconnection(AEI),forging a new engine for Africa economy.The transmission distance of the Congo River hydropower reaches 6,000 km at its farthest end in North Africa,which brings forth challenges to economics of proposed projects.Under this novel continental energy interconnection scheme in Africa,economics of those projects have not yet been in detail studied.This paper has implemented China’s mature engineering experiences and analytical tools of UHVDC project planning into the AEI structure,through exploring the economic behavior of ultra-long distance UHVDC projects in the scope of conductor selection in the Congo River hydropower transmission for the first time,and has provided concerned parties with a technical and analytical results of their economics comparison.This paper has chosen the D.R.Congo-Guinea±800 kV UHVDC project as a typical example.Its preliminary system planning is introduced and three types of conductor are selected for scheme comparison.Later in this paper,the transmission loss,total investment and equivalent annual cost of the project have been calculated and analyzed.In the final part,sensitivity analysis results of the annual cost to utilization hours,transmission loss,loss tariff and construction cost has been provided.

Spatio-temporal evolution and factor explanatory power analysis of urban resilience in the Yangtze River Economic Belt

Urban resilience assesses a city’s ability to withstand unknown risks.Scholars are not comprehensive in assessing urban resilience,and they lack consideration of population resilience.This study investigated 110 prefecturelevel cities in the Yangtze River Economic Belt(YREB)as study areas.We calculated the YREB’s level of urban resilience based on the aspects of“economy-society-population-ecology-infrastructure”,which ensured that the comprehensive evaluation of urban resilience is complete and sufficient.The spatio-temporal evolution of urban resilience was analyzed using exploratory spatial data.Geodetectors were used to investigate the impact of several indicators,focusing on economic,social,population,ecological,and infrastructure factors,on urban resilience.The results showed that the urban resilience of the YREB has maintained a slow upward trend from 2005 to 2018,and the average urban resilience of the YREB has risen from 0.2442 to 0.2560.The resilience gap between cities in the study region increased initially and then decreased.The dominant factor in the spatial differentiation of urban resilience was the economic factors,followed by the population factors.Urban resilience has been clarified and an evaluation index system is constructed,which can provide an effective reference for the evaluation of urban resilience among countries around the world.Based on this,factors that optimize urban resilience are configured,and the regional and national sustainable development can be promoted.

Comprehensive Evaluation on the Level of Agricultural Economic Development in Hubei Province Based on Principal Component Analysis

[Objectives]Hubei Province has a superior geographical location,and is located in the middle and lower reaches of the Yangtze River,with pleasant climate and abundant natural resources.It is an important province of population,agriculture and resources in China.[Methods]Based on the data of Statistical Yearbook of Hubei 2018,the agricultural economic indicators of the cities and prefectures in Hubei Province were analyzed with principal component analysis method by using SPSS19.0.[Results]The comprehensive scores and rankings of the agricultural economic development level of the 17 cities and prefectures in Hubei Province were obtained.They were divided into four agricultural development levels.[Conclusions]According to the analysis results,corresponding policy recommendations were put forward to promote the development of agricultural economy in Hubei Province.

R/S AND WAVELET ANALYSIS ON EVOLUTIONARYPROCESS OF REGIONAL ECONOMIC DISPARITY IN CHINA DURING PAST 50 YEARS

This paper shows the dynamic process of regional disparity of economic development in China in the past 50 years from a new insight by using the rescaled range statistic (R/S) analysis and wavelet analysis of the Theil index sequence with different time scales. The main conclusions are: 1) The regional disparity of economic development in China, including the inter-provincial disparity, inter-regional disparity and intra-regional disparity, has existed for many years. Theil index by the comparative price has revealed the true trend for comparative disparity of regional economic development from 1952 to 2000. 2) Decomposition of Theil index indicates that the dynamic trend of comparative inter-provincial disparity in the coastal region is in line with dynamic trend of inter-provincial disparity in the whole China. 3) The R/S analysis results tell us that during 1966-1978, the Hurst exponent H=0.504≈0.5, which indicates that in that period the evolution of comparative inter-provincial disparity of economic development showed a random characteristic, and in the other periods, i.e. 1952-1965, 1979-1990 and 1991-2000, the Hurst exponent H>0.5, which indicates that in those periods the evolution of the comparative inter-provincial disparity of economic development in China had a long-enduring characteristic. 4) By using wavelet analysis at different time scale, we arrived at a conclusion that the evolutionary process of the disparity of economic development of China is not a simple inverted U shape but a compound of several U shapes. The result tells us that the evolutionary plot of inter-provincial disparity in China follows the inverted U on the whole at the higher scale, 24(16 years). That is to say, the disparity tends to rise in the first stage of economic development, and fall slowly over the peak in the second stage of economic development. However, if we shorten the time scale to 23 (8 years), then a link of several U shapes will appear.

Application of Integration of Spatial Statistical Analysis with GIS to Regional Economic Analysis

This paper summarizes a few spatial statistical analysis methods for to measuring spatial autocorrelation and spatial association, discusses the criteria for the identification of spatial association by the use of global Moran Coefficient, Local Moran and Local Geary. Furthermore, a user-friendly statistical module, combining spatial statistical analysis methods with GIS visual techniques, is developed in Arcview using Avenue. An example is also given to show the usefulness of this module in identifying and quantifying the underlying spatial association patterns between economic units.

Spatial Autocorrelation Analysis on Regional Economic Disparity of Northeast Economic Region in China

Popular regional inequality indexes such as variation coefficient and Gini coefficient can only reveal overall inequality, and have limited ability in revealing spatial dependence or spatial agglomeration. Recently some methods of exploratory spatial data analysis such as spatial autocorrelation have provided effective tools to analyze spatial agglomeration and cluster, which can reveal the pattern of regional inequality. This article attempts to use spatial autocorrelation at county level to get refined spatial pattern of regional disparity in Chinese northeast economic region over 2000-2006 (2001 absent). The result indicates that the basic trend of regional economy is an increasing concentration of growth among counties in northeast economic region, and there are two geographical clusters of poorer counties including the counties in western Liaoning Province and adjacent counties in Inner Mongolia, poorer counties of Heihe, Qiqihar and Suihua in Heilongjiang Province. This article also reveals that we can use the methods of exploratory spatial data analysis as the supplementary analysis methods in regional economic analysis.

Uncertainty in life cycle economical analysis of cassava-based ethanol fuel

Biomass ethanol fuel is not only renewable but also environmental-friendly. Guangxi Zhuang Autonomous Region is developing the cassava-based ethanol fuel. Economical performance of the project is the key issue. The traditional life cycle economical analysis is just a static calculation process. Uncertainty is the character of cassava yield, cost of cassava plant, cassava price, tax rate and gasoline price, and the economical performance of the project is determined by these aspects. This study proposes an economical model of cassava-based ethanol fuel. The method of Monte Carol is used to simulate the economical performance. This method conquers the shortage of the traditional way. The results show that cassava-based ethanol fuel can get survived when the tax is exempted. Finally, the study also evaluates the potential of the economical performance.

Process design and economic analysis of methacrylic acid extraction for three organic solvents

In this work,a techno-economic study for the solvent based extraction of methacrylic acid from an aqueous solution is presented.The involved phase equilibrium calculations in process design are verified by measured experimental data.First,experiments are conducted with different solvent candidates to measure LLE(liquid–liquid equilibrium)data and to establish the effects of extraction temperature and dosage of solvent.Next,the binary interaction parameters for the UNIQUAC model to be used for equilibrium calculations are fine-tuned with measured data.Then,a process for the solvent based extraction of methacrylic acid recovery is designed and verified through simulation with the regressed UNIQUAC model parameters.The optimal configuration of the process flowsheet is determined by minimizing the total annualized cost.Among the three solvent candidates considered-cyclohexane,hexane and toluene-the highest efficiency and the lowest total annualized cost is found with toluene as the solvent.