In order to further alleviate the problems of large assessment deviations, low efficiency of trading organisation and difficulties in system optimisation in medium- and long-term market trading, the article proposes an optimisation model for continuous intra-month bidding trading in the electricity market that takes into account risk hedging. Firstly, the current situation of market players’ participation in medium and long-term trading is analysed; secondly, the impact of contract trading on reducing operational risks is analysed based on the application of hedging theory in the primary and secondary markets; finally, the continuous bidding trading mechanism is designed and its optimisation effect is verified. The proposed model helps to improve the efficiency of contract trading in the secondary market, maintain the stability of market players’ returns and accelerate the formation of a unified, open, competitive and well-governed electricity market system.
This study aims to explore the implications of imported electrical equipment in Indonesia, analysing both short-term and long-term impacts using a quantitative approach. The research focuses on understanding how various economic factors, such as domestic production, international pricing, national income, and exchange rates, influence the country’s import dynamics in the electrical equipment sector. Employing an Error Correction Model (ECM) for regression analysis, the study utilises time-series data from 2007 to 2021 to delve into the complex interplay of these variables. The methodology involves a comprehensive analysis using the Augmented Dickey-Fuller and Phillips-Perron tests to assess the stationarity of the data. This approach ensures the robustness of the ECM, which is employed to analyse the short-term and long-term effects of the identified variables on electrical equipment imports in Indonesia. The results reveal significant relationships between these economic factors and import levels. In the short term, imports are shown to be sensitive to changes in domestic economic conditions and international market prices, while in the long term, the country’s economic growth, reflected through GDP, emerges as a significant determinant. The findings suggest that Indonesia’s electrical equipment import policies must adapt highly to domestic and international economic changes. In the short term, a responsive approach is required to manage the immediate impacts of market fluctuations. The study highlights the importance of aligning import strategies with broader economic growth and environmental sustainability goals for long-term sustainability. Policymakers are advised to focus on enhancing domestic production capabilities, reducing import dependency, and ensuring that environmental considerations are integral to import policies. This study contributes to understanding import dynamics in a developing country context, offering valuable insights for policymakers and industry stakeholders in shaping strategies for economic growth and sustainability in the electrical equipment sector. The findings underscore the need for a balanced, data-driven approach to managing imports, aligning short-term responses with long-term strategic objectives for Indonesia’s ongoing development and industrial advancement.
In the current era, electromagnetic radiation is everywhere. Every day electromagnetic radiation and static electricity caused by a variety of hazards. So, anti-electromagnetic radiation and anti-static awareness gradually enjoys popular support, more attention are gained by people on the anti-electromagnetic radiation and anti-static. This caused radiation protection and anti-static clothing industry’s rise by the day. Radiation protection and anti-static clothing will enter various households to provide a certain amount of protection to the people's health. We discuss two parts in this paper, specifically from the effects of the electromagnetic radiation and electrostatic effects which started on radiation clothing and anti-static clothing. The main contents of this paper are as follows: The first part of the definition of electromagnetic radiation and its brief introduction, while explaining the types of electromagnetic radiation and electromagnetic radiation sources in daily lives, followed by the emphasis of serious harms on electromagnetic radiation on human health It is precisely because of electromagnetic radiation on people's lives have serious threat, that makes the development of radiation protection. This follows the basic introduction of the radiation suit and the development of radiation protection clothings. The development of radiation protection suits is an established industry. Materials made of radiation protection are constantly changing, but their basic working principle has not changed. Followed by the introduction of the basic principles of radiation protection clothings, we theoretically present specific analysis and demonstration. However, the theoretical analysis and practice is often consists a certain gap, so we highlight a few actual situations on the impact of radiation protection clothings. Finally, we present a simple discussion on wide range of applications of radiation protection clothings. The thought process of second part is similar as the first part, respectively, we introduce the health hazards and the impact on people's lives of electrostatic effect and static electricity . Followed by that it is the basic principles, relevant analysis and discussion of anti-static clothing Finally, we provide the detailed explanation of the application of anti-static clothing.
To achieve the energy transition and carbon neutrality targets, governments have implemented multiple policies to incentivize electricity suppliers to invest in renewable energy. Considering different government policies, we construct a renewable energy supply chain consisting of electricity suppliers and electricity retailers. We then explore the impact of four policies on electricity suppliers’ renewable energy investments, environmental impacts, and social welfare. We validated the results based on data from Wuxi, Jiangsu Province, China. The results show that government subsidy policies are more effective in promoting electricity suppliers to invest in renewable energy as consumer preferences increase, while no-government policies are the least effective. We also show that electricity suppliers are most profitable under the government subsidy policy and least profitable under the carbon cap-and-trade policy. Besides, our results indicate that social welfare is the worst under the carbon cap-and-trade policy. With the increase in carbon intensity and renewable energy quota, social welfare is the highest under the subsidy policy. However, the social welfare under the renewable energy portfolio standard is optimal when the renewable energy quota is low.
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