Search Results (1,437)

Battery energy storage systems (BESS) are considered a good energy source to maintain supply and demand, mitigate intermittency, and ensure grid stability. The primary contribution of this paper is to provide a comprehensive overview of global energy markets and a critical analysis of BESS’ participation in frequency control ancillary service (FCAS) markets. This review synthesises the current state of knowledge on the evolution of the energy market and the role of battery energy storage systems in providing grid stability, particularly frequency control services, with a focus on their integration into evolving high-renewable-energy-source (RES) market structures. Specifically, solar PV and wind energy are emerging as the main drivers of RES expansion, accounting for approximately 61% of the global market share. A BESS offers greater flexibility in storage capacity, scalability and rapid response capabilities, making it an effective solution to address emerging security risks of the system. Moreover, a BESS is able to provide active power support through power smoothing when coupled with solar photovoltaic (PV) and wind generation. In this paper, we provide an overview of the current status of energy markets, the contribution of battery storage systems to grid stability and flexibility, as well as the challenges that BESS face in evolving electricity markets. Full article

To address the limited flexibility of pumped storage power stations (PSPSs) under hierarchical clearing of energy and ancillary service markets, this study proposes a joint clearing mechanism for multi-level electricity markets. A bi-level optimization model based on the Stackelberg game is developed to characterize the strategic interaction between PSPSs and the market operator. Simulation results on the IEEE 30-bus system demonstrate that the proposed mechanism captures the dynamics of nodal supply and demand, as well as time-varying network congestion. It guides PSPSs to operate more flexibly and economically. Additionally, the mechanism increases PSPS profitability, reduces system costs, and improves frequency regulation performance. This game-theoretic framework offers quantitative decision support for PSPS participation in multi-level spot markets and provides insights for optimal storage deployment and market mechanism improvement. Full article

The introduction of Renewable Energy Sources (RESs) into the electricity grid is changing the price dynamics of the electricity market and creating room for flexibility on the consumption side. This paper investigates different aspects of the interaction between the RES share, electricity spot prices, and electric vehicle (EV) charging strategies. Based on empirical data from Germany, France, and the Czech Republic for the period 2015–2025, four research hypotheses are tested using correlation and regression analysis, cost simulations, and classification algorithms. The results confirm a negative correlation between the RES share and electricity prices, as well as the effectiveness of smart charging in reducing costs. At the same time, it is shown that the occurrence of negative prices is significantly affected by a high RES share. The correlation analysis further suggests that higher production from RESs increases the potential for price optimisation through smart charging. The findings have implications for policymaking aimed at flexible consumption and efficient RES integration. Full article

Electroless nickel deposition (ELD) is an autocatalytic technique extensively used to impart conductive, protective, and mechanical functionalities to inherently non-conductive synthetic substrates. This review systematically explores the fundamental mechanisms of electroless nickel deposition, emphasising recent advancements in surface activation methods, solvent systems, and microstructural control. Critical analysis reveals that bio-inspired activation methods, such as polydopamine (PDA) and tannic acid (TA), significantly enhance coating adhesion and durability compared to traditional chemical etching and plasma treatments. Additionally, solvent engineering, particularly using polar aprotic solvents like dimethyl sulfoxide (DMSO) and ethanol-based systems, emerges as a key strategy for achieving uniform, dense, and flexible coatings, overcoming limitations associated with traditional aqueous baths. The review also highlights that microstructural tailoring, specifically the development of amorphous-nanocrystalline hybrid nickel coatings, effectively balances mechanical robustness (hardness exceeding 800 HV), flexibility, and corrosion resistance, making these coatings particularly suitable for wearable electronic textiles and smart materials. Furthermore, commercial examples demonstrate the real-world applicability and market readiness of nickel-coated synthetic fibres. Despite significant progress, persistent challenges remain, including reliable long-term adhesion, internal stress management, and environmental sustainability. Future research should prioritise environmentally benign plating baths, standardised surface activation protocols, and scalable deposition processes to fully realise the industrial potential of electroless nickel coatings. Full article

In the context of urban decarbonization, multi-energy microgrids (MEMGs) are gaining increasing relevance due to their ability to enhance synergies across multiple energy vectors. This study presents a block-based MILP framework developed to optimize the operations of a real MEMG, with a particular focus on accurately modeling the structure of electricity and natural gas bills. The objective is to assess the added economic value of integrating a battery energy storage system (BESS) under the assumption it is employed to provide implicit flexibility—namely, bill management, energy arbitrage, and peak shaving. Results show that under assumed market conditions, tariff schemes, and BESS costs, none of the analyzed BESS configurations achieve a positive net present value. However, a 2 MW/4 MWh BESS yields a 3.8% reduction in annual operating costs compared to the base case without storage, driven by increased self-consumption (+2.8%), reduced thermal energy waste (–6.4%), and a substantial decrease in power-based electricity charges (–77.9%). The performed sensitivity analyses indicate that even with a significantly higher day-ahead market price spread, the BESS is not sufficiently incentivized to perform pure energy arbitrage and that the effectiveness of a time-of-use power-based tariff depends not only on the level of price differentiation but also on the BESS size. Overall, this study provides insights into the role of BESS in MEMGs and highlights the need for electricity bill designs that better reward the provision of implicit flexibility by storage systems. Full article

As the labor market has tightened and businesses have increased their part-time and hourly wages, recruiting and retaining high-quality college students to work on campus in part-time and hourly roles has remained a stubbornly problematic issue. As a result, this study provides a unique perspective into the minds of student workers by leveraging NASPA/ACPA’s professional competency areas and Tull’s synergistic supervision as conceptual and theoretical frameworks to understand how a subset of college student workers view supervisors in recruiting and retaining them, as well as providing pre-professional development opportunities. Through semi-structured qualitative focus groups with 54 college students working as peer financial mentors within student affairs units, qualitative data suggest that student workers view supervisors as critical to their recruitment if the work is positioned as flexible and career-oriented. Moreover, student workers appreciated supervisors who promised and then delivered professional development during employment, preparing them for the workforce. Additionally, student workers want and need a supervisor who builds a professional relationship with them and who empowers them to develop a sense of confidence through their work. Implications for student affairs research, policy, and practice are addressed. Full article

Articulated Tugs and Barges (ATBs) are increasingly recognised for their effectiveness in transporting chemicals, petroleum, bulk goods, and containers, primarily due to their exceptional flexibility and fuel efficiency. Recent projections indicate that the ATB market is on track for significant growth, which is expected to lead to an increase in the annual growth rate from 2025 to 2032. This study aims to analyse the current advancements in ATB technology and provide insights into the ATB fleet and the systems that connect tugboats and barges. Furthermore, it highlights the advantages of this transportation system, especially regarding its role in enhancing energy efficiency within the maritime transport sector. Currently, there is limited information available in the public domain about ATBs compared to other commercial vessels. The analysis reveals that much of the required information for modern ATB design is not accessible outside specialised design companies. The study also focuses on conceptual design aspects, which include the main dimensions, articulated connections, propulsion systems, and machinery, concluding with an evaluation of economic viability. Special emphasis is placed on defining the main dimensions, which is a critical part of the complex design process. In this context, the ratios of length to beam (L/B), beam to draft (B/D), beam to depth (B/T), draft to depth (T/D), and power to the number of tugs cubed (Pw/N³) are established as design control parameters in the conceptual design phase. This aspect underscores the novelty of the present study. Additionally, the economic viability is analysed in terms of both CAPEX (capital expenditures) and OPEX (operational expenditures). While CAPEX does not significantly differ between the methods used in different types of commercial ships, OPEX should account for the unique characteristics of ATB vessels. Full article

The rapid proliferation of electronic waste, driven by the short lifecycle of smartphones and planned obsolescence strategies, presents escalating global environmental challenges. To address these issues from a systems perspective, this study develops an agent-based modeling (ABM) framework that simulates consumer decisions and stakeholder interactions within the smartphone reuse and recycling ecosystem. The model incorporates key behavioral drivers—privacy concerns, moral norms, and financial incentives—to examine how social and economic factors shape consumer behavior. Four primary agent types—consumers, manufacturers, recyclers, and second-hand retailers—are modeled to capture complex feedback and market dynamics. Calibrated using empirical data from Jiangsu Province, China, the simulation reveals a dominant consumer tendency to store obsolete smartphones rather than engage in reuse or formal recycling. However, the introduction of government subsidies significantly shifts behavior, doubling participation in second-hand markets and markedly improving recycling rates. These results highlight the value of integrating behavioral insights into environmental modeling to inform circular economy strategies. By offering a flexible and behaviorally grounded simulation tool, this study supports the design of more effective policies for promoting responsible smartphone disposal and lifecycle extension. Full article

The COVID-19 pandemic fundamentally disrupted assumptions about entrepreneurship, career planning, and professional development. This study explored how the pandemic influenced the entrepreneurial intentions of undergraduate business students in the United States. Using a qualitative methodology based on in-depth interviews with 31 students at a public Midwestern university, the research interpreted student narratives through the lenses of effectuation theory, resilience theory, and the theory of planned behavior. Findings revealed that many participants reframed entrepreneurship as a strategy for navigating economic uncertainty and enhancing personal agency. Students reported valuing adaptability, resourcefulness, and opportunity recognition, often experimenting with side hustles during the pandemic as a means of resilience. Their entrepreneurial thinking shifted from purely economic motivations toward aspirations for flexibility, self-fulfillment, and purposeful work. The study highlights the formative role of crisis contexts in shaping entrepreneurial identity among emerging professionals. It suggests that entrepreneurship education should move beyond traditional models, fostering skills for navigating complexity and building resilience. In doing so, the findings contribute to broader conversations about youth entrepreneurship, post-pandemic career development, and the evolving demands of the labor market in times of disruption. Full article

Modern utilities face unprecedented pressures as trends in digital transformation and democratized energy choice empower consumers to engage in peak shaving, flexible load management, and adopt grid automation and intelligence solutions. A powerful confluence of architectural, technological, and socio-economic forces is transforming the U.S. electricity market, triggering significant changes in electricity production, transmission, and consumption. Utilities are embracing digital twins and repurposed Utility 2.0 concepts—distributed energy resources, microgrids, innovative electricity market designs, real-time automated monitoring, smart meters, machine learning, artificial intelligence, and advanced data and predictive analytics—to foster operational flexibility and market efficiency. This analysis qualitatively evaluates how digitalization, Battery Energy Storage Systems (BESSs), and adaptive strategies to mitigate rebound effects collectively advance smart duck curve management. By leveraging digital platforms for real-time monitoring and predictive analytics, utilities can optimize energy flows and make data-driven decisions. BESS technologies capture surplus renewable energy during off-peak periods and discharge it when demand spikes, thereby smoothing grid fluctuations. This review explores the benefits of targeted digital transformation, BESSs, and managed rebound effects in mitigating the duck curve problem, ensuring that energy efficiency gains translate into actual savings. Furthermore, this integrated approach not only reduces energy wastage and lowers operational costs but also enhances grid resilience, establishing a robust framework for sustainable energy management in an evolving market landscape. Full article

In an era where sustainable development is increasingly a core strategic issue for businesses, how top management, as the architects of corporate strategy, can achieve a synergy of economic, social, and environmental benefits through internal management mechanisms to promote corporate sustainability is a central focus for both academia and practice. This study aims to explore how Executive Cognitive Flexibility (CF) influences Firm Performance and to uncover the mediating effects of Non-market Strategy. We use panel data from Chinese A-share listed companies between 2016 and 2022 to examine and empirically analyze this mechanism. Our findings indicate that CF has a positive impact on Firm Performance. This relationship is realized through the pathway of Non-market Strategy, specifically manifesting as a reduction in Corporate Social Responsibility (CSR) and an increase in Corporate Political Activity (CPA). Further analysis reveals that the impact of executive cognitive flexibility on firm performance is differentially influenced by internal and external environmental contexts. The findings of this study provide important practical insights and policy recommendations for companies on cultivating executive cognitive flexibility, optimizing non-market strategies, and enhancing firm performance in various internal and external environments. Full article

Electricity markets in Europe have undergone major changes in the last decade, mainly due to the increasing share of variable renewable energy sources (RES), changing demand patterns, and geopolitical factors—particularly the war in Ukraine, tensions over energy imports, and disruptions in natural gas supplies. These changes have led to increased electricity price volatility, reducing the reliability of traditional forecasting tools. This research analyses the potential of static and adaptive linear regression as electricity price forecasting tools in the context of three countries with different energy mixes: Germany, France and the Czech Republic. The static regression approach was compared with an adaptive approach based on incremental model updates at monthly intervals. Testing was carried out in three different scenarios combining stable and turbulent market periods. The quantitative results showed that the adaptive model achieved a lower MAE and RMSE, especially when trained on data from high-volatility periods. However, models trained under turbulent conditions performed poorly in stable environments due to a shift in market dynamics. The results supported several of the hypotheses formulated and demonstrated the need for localised, flexible and continuously updated forecasting. Limitations of the adaptive approach and suggestions for future research, including changing the length of training windows and the use of seasonal models, are also discussed. The research confirms that modern markets require adaptive analytical approaches that account for changing RES dynamics and country specificities. Full article

The Moroccan garment industry faces challenges in scheduling small order batches, often hindered by traditional product family-based methods that increase downtime by 15–20%. This study proposes a clustering-based scheduling approach, grouping garments by technological times rather than product families to reduce changeovers and downtime by 30–35%. A case study in a Moroccan factory with 50–100-unit batches showed a 20% lead time reduction and a 15% productivity boost. Using methods like K-Means, the approach enhances planning flexibility and resource use. This methodology offers a scalable solution for optimizing production and maintaining competitiveness in fast fashion markets. Full article

The decarbonization of electricity generation by 2030 and the realization of a net-zero economy by 2050 are central to the United States’ climate strategy. However, large-scale renewable integration introduces operational challenges, including extreme ramping, unsafe dispatch, and price volatility. This review investigates how demand–response (DR) aggregators and distributed loads can support these climate goals while addressing critical operational challenges. We hypothesize that current DR aggregator frameworks fall short in the areas of distributed load operational flexibility, scalability with the number of distributed loads (prosumers), prosumer privacy preservation, DR aggregator and prosumer competition, and uncertainty management, limiting their potential to enable large-scale prosumer participation. Using a systematic review methodology, we evaluate existing DR aggregator and prosumer frameworks through the proposed FCUPS criteria—flexibility, competition, uncertainty quantification, privacy, and scalability. The main results highlight significant gaps in current frameworks: limited support for decentralized operations; inadequate privacy protections for prosumers; and insufficient capabilities for managing competition, uncertainty, and flexibility at scale. We conclude by identifying open research directions, including the need for game-theoretic and machine learning approaches that ensure privacy, scalability, and robust market participation. Addressing these gaps is essential to shape future research agendas and to enable DR aggregators to contribute meaningfully to US climate targets. Full article

The low-carbon transition of the global energy system is an urgent necessity to address climate change and meet growing energy demand. As a major source of energy consumption and emissions, buildings play a key role in this transition. This study systematically analyzes the flexible resources of building energy systems and vehicle-to-grid (V2G) interaction technologies, and mainly focuses on the regulation characteristics and coordination mechanisms of distributed energy supply (renewable energy and multi-energy cogeneration), energy storage (electric/thermal/cooling), and flexible loads (air conditioning and electric vehicles) within regional energy systems. The study reveals that distributed renewable energy and multi-energy cogeneration technologies form an integrated architecture through a complementary “output fluctuation mitigation–cascade energy supply” mechanism, enabling the coordinated optimization of building energy efficiency and grid regulation. Electricity and thermal energy storage serve as dual pillars of flexibility along the “fast response–economic storage” dimension. Air conditioning loads and electric vehicles (EVs) complement each other via thermodynamic regulation and Vehicle-to-Everything (V2X) technologies, constructing a dual-dimensional regulation mode in terms of both power and time. Ultimately, a dynamic balance system integrating sources, loads, and storage is established, driven by the spatiotemporal complementarity of multi-energy flows. This paper proposes an innovative framework that optimizes energy consumption and enhances grid stability by coordinating distributed renewable energy, energy storage, and flexible loads across multiple time scales. This approach offers a new perspective for achieving sustainable and flexible building energy systems. In addition, this paper explores the application of demand response policies in building energy systems, analyzing the role of policy incentives and market mechanisms in promoting building energy flexibility. Full article