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15 pages, 425 KiB  
Article
Game-Optimization Modeling of Shadow Carbon Pricing and Low-Carbon Transition in the Power Sector
by Guangzeng Sun, Bo Yuan, Han Zhang, Peng Xia, Cong Wu and Yichun Gong
Energies 2025, 18(15), 4173; https://doi.org/10.3390/en18154173 - 6 Aug 2025
Abstract
Under China’s ‘Dual Carbon’ strategy, the power sector plays a central role in achieving carbon neutrality. This study develops a bi-level game-optimization model involving the government, power producers, and technology suppliers to explore the dynamic coordination between shadow carbon pricing and emission trajectories. [...] Read more.
Under China’s ‘Dual Carbon’ strategy, the power sector plays a central role in achieving carbon neutrality. This study develops a bi-level game-optimization model involving the government, power producers, and technology suppliers to explore the dynamic coordination between shadow carbon pricing and emission trajectories. The upper-level model, guided by the government, focuses on minimizing total costs, including emission reduction costs, technological investments, and operational costs, by dynamically adjusting emission targets and shadow carbon prices. The lower-level model employs evolutionary game theory to simulate the adaptive behaviors and strategic interactions among power producers, regulatory authorities, and technology suppliers. Three representative uncertainty scenarios, disruptive technological breakthroughs, major policy interventions, and international geopolitical shifts, are incorporated to evaluate system robustness. Simulation results indicate that an optimistic scenario is characterized by rapid technological advancement and strong policy incentives. Conversely, under a pessimistic scenario with sluggish technology development and weak regulatory frameworks, there are substantially higher transition costs. This research uniquely contributes by explicitly modeling dynamic feedback between policy and stakeholder behavior under multiple uncertainties, highlighting the critical roles of innovation-driven strategies and proactive policy interventions in shaping effective, resilient, and cost-efficient carbon pricing and low-carbon transition pathways in the power sector. Full article
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28 pages, 5190 KiB  
Article
Assessing the Coevolution Between Ecosystem Services and Human Well-Being in Ecotourism-Dominated Counties: A Case Study of Chun’an, Zhejiang Province, China
by Weifeng Jiang and Lin Lu
Land 2025, 14(8), 1604; https://doi.org/10.3390/land14081604 - 6 Aug 2025
Abstract
Investigating the coevolution between ecosystem services (ES) and human well-being (HWB) holds significant implications for achieving the sustainable operation of human–environment systems. However, limited research has focused on ES-HWB interactions in ecotourism-dominated counties. To address this gap, this study takes Chun’an County in [...] Read more.
Investigating the coevolution between ecosystem services (ES) and human well-being (HWB) holds significant implications for achieving the sustainable operation of human–environment systems. However, limited research has focused on ES-HWB interactions in ecotourism-dominated counties. To address this gap, this study takes Chun’an County in Zhejiang Province, China, as a case study, with the research objective of exploring the processes, patterns, and mechanisms of the coevolution between ecosystem services (ES) and human well-being (HWB) in ecotourism-dominated counties. By integrating multi-source heterogeneous data, including land use data, the normalized difference vegetation index (NDVI), and statistical records, and employing methods such as the dynamic equivalent factor method, the PLUS model, the coupling coordination degree model, and comprehensive evaluation, we analyzed the synergistic evolution of ES-HWB in Chun’an County from 2000 to 2020. The results indicate that (1) the ecosystem service value (ESV) fluctuated between 30.15 and 36.85 billion CNY, exhibiting a spatial aggregation pattern centered on the Qiandao Lake waterbody, with distance–decay characteristics. The PLUS model confirms ecological conservation policies optimize ES patterns. (2) The HWB index surged from 0.16 to 0.8, driven by tourism-led economic growth, infrastructure investment, and institutional innovation, facilitating a paradigm shift from low to high well-being at the county level. (3) The ES-HWB interaction evolved through three phases—disordered, antagonism, and coordination—revealing tourism as a key mediator driving coupled human–environment system sustainability via a pressure–adaptation–synergy transmission mechanism. This study not only advances the understanding of ES-HWB coevolution in ecotourism-dominated counties, but also provides a transferable methodological framework for sustainable development in similar regions. Full article
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20 pages, 640 KiB  
Article
Digital Innovation and Cost Stickiness in Manufacturing Enterprises: A Perspective Based on Manufacturing Servitization and Human Capital Structure
by Wei Sun and Xinlei Zhang
Sustainability 2025, 17(15), 7115; https://doi.org/10.3390/su17157115 - 6 Aug 2025
Abstract
This paper examines the effect of digital innovation on cost stickiness in manufacturing firms, focusing on the underlying mechanisms and contextual factors. Using data from Chinese A-share listed manufacturing firms from 2012 to 2023, we find that, first, for each one-unit increase in [...] Read more.
This paper examines the effect of digital innovation on cost stickiness in manufacturing firms, focusing on the underlying mechanisms and contextual factors. Using data from Chinese A-share listed manufacturing firms from 2012 to 2023, we find that, first, for each one-unit increase in the level of digital technology, the cost stickiness index of enterprises decreases by an average of 0.4315 units, primarily through digital process innovation and digital business model innovation, whereas digital product innovation does not exhibit a statistically significant impact. Second, manufacturing servitization and the optimization of human capital structure are identified as key mediating mechanisms. Digital innovation promotes servitization by transitioning firms from product-centric to service-oriented business models, thereby reducing fixed costs and improving resource flexibility. It also optimizes human capital by increasing the proportion of high-skilled employees and reducing labor adjustment costs. Third, the effect of digital innovation on cost stickiness is found to be heterogeneous. Firms with high financing constraints benefit more from the cost-reducing effects of digital innovation due to improved resource allocation efficiency. Additionally, mid-tenure executives are more effective in leveraging digital innovation to mitigate cost stickiness, as they balance short-term performance pressures with long-term strategic investments. These findings contribute to the understanding of how digital transformation reshapes cost behavior in manufacturing and provide insights for policymakers and firms seeking to achieve sustainable development through digital innovation. Full article
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19 pages, 541 KiB  
Article
Export-Led Growth Under the Digital Economy: Evidence from China’s 31 Provinces
by Xiaomei Li, Radziah Adam and Ningjun Deng
Sustainability 2025, 17(15), 7111; https://doi.org/10.3390/su17157111 - 6 Aug 2025
Abstract
Under the rapid development of the digital economy, the interactive relationship between exports and the digital economy has become an important issue for promoting regional economic growth. Based on the panel data of 31 provinces and municipalities in China from 2012 to 2022, [...] Read more.
Under the rapid development of the digital economy, the interactive relationship between exports and the digital economy has become an important issue for promoting regional economic growth. Based on the panel data of 31 provinces and municipalities in China from 2012 to 2022, this paper systematically examines the impact of exports on economic growth and the moderating role of the digital economy, and it introduces research and development (R&D) investment to test its mediating mechanism. The research finds that exports significantly promote regional economic growth. The digital economy has a negative moderating effect on the export growth effect, and it is significant in the eastern region but not significant in the central and western regions, showing obvious regional heterogeneity. R&D investment has played a partial mediating role between exports and economic growth. This paper suggests that the government should focus on regional differences, promote the deep integration of the digital economy and exports, enhance technological innovation capabilities, formulate differentiated policies based on local conditions, strengthen the construction of digital infrastructure, optimize the export structure, support the development of R&D-driven enterprises, and build a digital export system that promotes regional coordination and high-quality growth, so as to achieve high-quality coordinated sustainable regional development. This paper also has certain reference value for other developing economies, in promoting the integration of the digital economy and trade. Full article
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21 pages, 3334 KiB  
Article
Market Research on Waste Biomass Material for Combined Energy Production in Bulgaria: A Path Toward Enhanced Energy Efficiency
by Penka Zlateva, Angel Terziev, Mariana Murzova, Nevena Mileva and Momchil Vassilev
Energies 2025, 18(15), 4153; https://doi.org/10.3390/en18154153 - 5 Aug 2025
Abstract
Using waste biomass as a raw material for the combined production of electricity and heat offers corresponding energy, economic, environmental and resource efficiency benefits. The study examines both the performance of a system for combined energy production based on the Organic Rankine Cycle [...] Read more.
Using waste biomass as a raw material for the combined production of electricity and heat offers corresponding energy, economic, environmental and resource efficiency benefits. The study examines both the performance of a system for combined energy production based on the Organic Rankine Cycle (ORC) utilizing wood biomass and the market interest in its deployment within Bulgaria. Its objective is to propose a technically and economically viable solution for the recovery of waste biomass through the combined production of electricity and heat while simultaneously assessing the readiness of industrial and municipal sectors to adopt such systems. The cogeneration plant incorporates an ORC module enhanced with three additional economizers that capture residual heat from flue gases. Operating on 2 t/h of biomass, the system delivers 1156 kW of electric power and 3660 kW of thermal energy, recovering an additional 2664 kW of heat. The overall energy efficiency reaches 85%, with projected annual revenues exceeding EUR 600,000 and a reduction in carbon dioxide emissions of over 5800 t/yr. These indicators can be achieved through optimal installation and operation. When operating at a reduced load, however, the specific fuel consumption increases and the overall efficiency of the installation decreases. The marketing survey results indicate that 75% of respondents express interest in adopting such technologies, contingent upon the availability of financial incentives. The strongest demand is observed for systems with capacities up to 1000 kW. However, significant barriers remain, including high initial investment costs and uneven access to raw materials. The findings confirm that the developed system offers a technologically robust, environmentally efficient and market-relevant solution, aligned with the goals of energy independence, sustainability and the transition to a low-carbon economy. Full article
(This article belongs to the Section B: Energy and Environment)
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23 pages, 5135 KiB  
Article
Strategic Multi-Stage Optimization for Asset Investment in Electricity Distribution Networks Under Load Forecasting Uncertainties
by Clainer Bravin Donadel
Eng 2025, 6(8), 186; https://doi.org/10.3390/eng6080186 - 5 Aug 2025
Abstract
Electricity distribution systems face increasing challenges due to demand growth, regulatory requirements, and the integration of distributed generation. In this context, distribution companies must make strategic and well-supported investment decisions, particularly in asset reinforcement actions such as reconductoring. This paper presents a multi-stage [...] Read more.
Electricity distribution systems face increasing challenges due to demand growth, regulatory requirements, and the integration of distributed generation. In this context, distribution companies must make strategic and well-supported investment decisions, particularly in asset reinforcement actions such as reconductoring. This paper presents a multi-stage methodology to optimize reconductoring investments under load forecasting uncertainties. The approach combines a decomposition strategy with Monte Carlo simulation to capture demand variability. By discretizing a lognormal probability density function and selecting the largest loads in the network, the methodology balances computational feasibility with modeling accuracy. The optimization model employs exhaustive search techniques independently for each network branch, ensuring precise and consistent investment decisions. Tests conducted on the IEEE 123-bus feeder consider both operational and regulatory constraints from the Brazilian context. Results show that uncertainty-aware planning leads to a narrow investment range—between USD 55,108 and USD 66,504—highlighting the necessity of reconductoring regardless of demand scenarios. A comparative analysis of representative cases reveals consistent interventions, changes in conductor selection, and schedule adjustments based on load conditions. The proposed methodology enables flexible, cost-effective, and regulation-compliant investment planning, offering valuable insights for utilities seeking to enhance network reliability and performance while managing demand uncertainties. Full article
(This article belongs to the Section Electrical and Electronic Engineering)
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36 pages, 5151 KiB  
Article
Flexibility Resource Planning and Stability Optimization Methods for Power Systems with High Penetration of Renewable Energy
by Haiteng Han, Xiangchen Jiang, Yang Cao, Xuanyao Luo, Sheng Liu and Bei Yang
Energies 2025, 18(15), 4139; https://doi.org/10.3390/en18154139 - 4 Aug 2025
Abstract
With the accelerating global transition toward sustainable energy systems, power grids with a high share of renewable energy face increasing challenges due to volatility and uncertainty, necessitating advanced flexibility resource planning and stability optimization strategies. This paper presents a comprehensive distribution network planning [...] Read more.
With the accelerating global transition toward sustainable energy systems, power grids with a high share of renewable energy face increasing challenges due to volatility and uncertainty, necessitating advanced flexibility resource planning and stability optimization strategies. This paper presents a comprehensive distribution network planning framework that coordinates and integrates multiple types of flexibility resources through joint optimization and network reconfiguration to enhance system adaptability and operational resilience. A novel virtual network coupling modeling approach is proposed to address topological constraints during network reconfiguration, ensuring radial operation while allowing rapid topology adjustments to isolate faults and restore power supply. Furthermore, to mitigate the uncertainty and fault risks associated with extreme weather events, a CVaR-based risk quantification framework is incorporated into a bi-level optimization model, effectively balancing investment costs and operational risks under uncertainty. In this model, the upper-level planning stage optimizes the siting and sizing of flexibility resources, while the lower-level operational stage coordinates real-time dispatch strategies through demand response, energy storage operation, and dynamic network reconfiguration. Finally, a hybrid SA-PSO algorithm combined with conic programming is employed to enhance computational efficiency while ensuring high solution quality for practical system scales. Case study analyses demonstrate that, compared to single-resource configurations, the proposed coordinated planning of multiple flexibility resources can significantly reduce the total system cost and markedly improve system resilience under fault conditions. Full article
(This article belongs to the Special Issue Analysis and Control of Power System Stability)
20 pages, 4989 KiB  
Article
Analysis of the Trade-Off/Synergy Effect and Driving Factors of Ecosystem Services in Hulunbuir City, China
by Shimin Wei, Jian Hou, Yan Zhang, Yang Tai, Xiaohui Huang and Xiaochen Guo
Agronomy 2025, 15(8), 1883; https://doi.org/10.3390/agronomy15081883 - 4 Aug 2025
Abstract
An in-depth understanding of the spatiotemporal heterogeneity of ecosystem service (ES) trade-offs and synergies, along with their driving factors, is crucial for formulating key ecological restoration strategies and effectively allocating ecological environmental resources in the Hulunbuir region. This study employed an integrated analytical [...] Read more.
An in-depth understanding of the spatiotemporal heterogeneity of ecosystem service (ES) trade-offs and synergies, along with their driving factors, is crucial for formulating key ecological restoration strategies and effectively allocating ecological environmental resources in the Hulunbuir region. This study employed an integrated analytical approach combining the InVEST model, ArcGIS geospatial processing, R software environment, and Optimal Parameter Geographical Detector (OPGD). The spatiotemporal patterns and driving factors of the interaction of four major ES functions in Hulunbuir area from 2000 to 2020 were studied. The research findings are as follows: (1) carbon storage (CS) and soil conservation (SC) services in the Hulunbuir region mainly show a distribution pattern of high values in the central and northeast areas, with low values in the west and southeast. Water yield (WY) exhibits a distribution pattern characterized by high values in the central–western transition zone and southeast and low values in the west. For forage supply (FS), the overall pattern is higher in the west and lower in the east. (2) The trade-off relationships between CS and WY, CS and SC, and SC and WY are primarily concentrated in the western part of Hulunbuir, while the synergistic relationships are mainly observed in the central and eastern regions. In contrast, the trade-off relationships between CS and FS, as well as FS and WY, are predominantly located in the central and eastern parts of Hulunbuir, with the intensity of these trade-offs steadily increasing. The trade-off relationship between SC and FS is almost widespread throughout HulunBuir. (3) Fractional vegetation cover, mean annual precipitation, and land use type were the primary drivers affecting ESs. Among these factors, fractional vegetation cover demonstrates the highest explanatory power, with a q-value between 0.6 and 0.9. The slope and population density exhibit relatively weak explanatory power, with q-values ranging from 0.001 to 0.2. (4) The interactions between factors have a greater impact on the inter-relationships of ESs in the Hulunbuir region than individual factors alone. The research findings have facilitated the optimization and sustainable development of regional ES, providing a foundation for ecological conservation and restoration in Hulunbuir. Full article
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32 pages, 879 KiB  
Article
Barrier Analysis of Flexibilization of Cooling Supply Systems
by Dana Laureen Laband, Martin Stöckl, Annedore Mittreiter and Uwe Holzhammer
Energies 2025, 18(15), 4133; https://doi.org/10.3390/en18154133 - 4 Aug 2025
Abstract
The present study examines the barriers that prevent cooling system flexibility from being optimized. In the context of an increasing reliance on renewable energy sources, the necessity for flexible energy utilization is becoming increasingly apparent. A survey and discussion groups were conducted with [...] Read more.
The present study examines the barriers that prevent cooling system flexibility from being optimized. In the context of an increasing reliance on renewable energy sources, the necessity for flexible energy utilization is becoming increasingly apparent. A survey and discussion groups were conducted with various stakeholders within the cooling value chain to obtain their experiences and insights regarding barriers to flexibilization. The findings point out that economic, technological, and regulatory barriers are the primary factors impeding the implementation of flexible solutions. In particular, high investment costs, complex technical implementation, a lack of information, and a complicated legal framework were identified as significant impediments. To enhance the flexibility of cooling systems, coordinated efforts are necessary to address these barriers. Practical examples, training, and the standardization and digitalization of processes could facilitate the widespread implementation of flexible cooling systems. Full article
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22 pages, 1929 KiB  
Article
Investigating Provincial Coupling Coordination Between Digital Infrastructure and Green Development in China
by Beibei Zhang, Zhenni Zhou, Juan Zheng, Zezhou Wu and Yan Liu
Buildings 2025, 15(15), 2724; https://doi.org/10.3390/buildings15152724 - 1 Aug 2025
Viewed by 196
Abstract
Digital technologies could facilitate green development by enhancing energy efficiency. However, existing research on coupling coordination between digital infrastructure and green development remains scarce. To fill this research gap, this study analyzes the spatio-temporal variations and barriers of coupling coordination. An evaluation index [...] Read more.
Digital technologies could facilitate green development by enhancing energy efficiency. However, existing research on coupling coordination between digital infrastructure and green development remains scarce. To fill this research gap, this study analyzes the spatio-temporal variations and barriers of coupling coordination. An evaluation index system is established and then the coupling relationship and the barrier factors between digital infrastructure and green development are analyzed. A provincial analysis is conducted by using data from China. The results in the study indicate (1) coupling coordination between digital infrastructure and green development exhibits a relatively low state, characterized by an overall upward trend; (2) noteworthy disparities are observed in the spatio-temporal pattern of the coupling coordination degree, reflecting the overall evolutionary trend from low to high coupling coordination, along with the characteristics of positive spatial correlation and high spatial concentration; and (3) obstacle factors are analyzed from the aspects of digital infrastructure and green development, emphasizing the construction of mobile phone base stations and investment in pollution control, among other aspects. This study contributes valuable insights for improvement paths for digital infrastructure and green development, offering recommendations for optimizing strategies to promote their coupled development. Full article
(This article belongs to the Special Issue Promoting Green, Sustainable, and Resilient Urban Construction)
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42 pages, 9817 KiB  
Article
Simulation Analysis of Onshore and Offshore Wind Farms’ Generation Potential for Polish Climatic Conditions
by Martyna Kubiak, Artur Bugała, Dorota Bugała and Wojciech Czekała
Energies 2025, 18(15), 4087; https://doi.org/10.3390/en18154087 - 1 Aug 2025
Viewed by 123
Abstract
Currently, Poland is witnessing a dynamic development of the offshore wind energy sector, which will be a key component of the national energy mix. While many international studies have addressed wind energy deployment, there is a lack of research that compares the energy [...] Read more.
Currently, Poland is witnessing a dynamic development of the offshore wind energy sector, which will be a key component of the national energy mix. While many international studies have addressed wind energy deployment, there is a lack of research that compares the energy and economic performance of both onshore and offshore wind farms under Polish climatic and spatial conditions, especially in relation to turbine spacing optimization. This study addresses that gap by performing a computer-based simulation analysis of three onshore spacing variants (3D, 4D, 5D) and four offshore variants (5D, 6D, 7D, 9D), located in central Poland (Stęszew, Okonek, Gostyń) and the Baltic Sea, respectively. The efficiency of wind farms was assessed in both energy and economic terms, using WAsP Bundle software and standard profitability evaluation metrics (NPV, MNPV, IRR). The results show that the highest NPV and MNPV values among onshore configurations were obtained for the 3D spacing variant, where the energy yield leads to nearly double the annual revenue compared to the 5D variant. IRR values indicate project profitability, averaging 14.5% for onshore and 11.9% for offshore wind farms. Offshore turbines demonstrated higher capacity factors (36–53%) compared to onshore (28–39%), with 4–7 times higher annual energy output. The study provides new insight into wind farm layout optimization under Polish conditions and supports spatial planning and investment decision making in line with national energy policy goals. Full article
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17 pages, 587 KiB  
Review
Exploring the Potential of Biochar in Enhancing U.S. Agriculture
by Saman Janaranjana Herath Bandara
Reg. Sci. Environ. Econ. 2025, 2(3), 23; https://doi.org/10.3390/rsee2030023 - 1 Aug 2025
Viewed by 170
Abstract
Biochar, a carbon-rich material derived from biomass, presents a sustainable solution to several pressing challenges in U.S. agriculture, including soil degradation, carbon emissions, and waste management. Despite global advancements, the U.S. biochar market remains underexplored in terms of economic viability, adoption potential, and [...] Read more.
Biochar, a carbon-rich material derived from biomass, presents a sustainable solution to several pressing challenges in U.S. agriculture, including soil degradation, carbon emissions, and waste management. Despite global advancements, the U.S. biochar market remains underexplored in terms of economic viability, adoption potential, and sector-specific applications. This narrative review synthesizes two decades of literature to examine biochar’s applications, production methods, and market dynamics, with a focus on its economic and environmental role within the United States. The review identifies biochar’s multifunctional benefits: enhancing soil fertility and crop productivity, sequestering carbon, reducing greenhouse gas emissions, and improving water quality. Recent empirical studies also highlight biochar’s economic feasibility across global contexts, with yield increases of up to 294% and net returns exceeding USD 5000 per hectare in optimized systems. Economically, the global biochar market grew from USD 156.4 million in 2021 to USD 610.3 million in 2023, with U.S. production reaching ~50,000 metric tons annually and a market value of USD 203.4 million in 2022. Forecasts project U.S. market growth at a CAGR of 11.3%, reaching USD 478.5 million by 2030. California leads domestic adoption due to favorable policy and biomass availability. However, barriers such as inconsistent quality standards, limited awareness, high costs, and policy gaps constrain growth. This study goes beyond the existing literature by integrating market analysis, SWOT assessment, cost–benefit findings, and production technologies to highlight strategies for scaling biochar adoption. It concludes that with supportive legislation, investment in research, and enhanced supply chain transparency, biochar could become a pivotal tool for sustainable development in the U.S. agricultural and environmental sectors. Full article
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20 pages, 2735 KiB  
Article
Techno-Economic Assessment of Electrification and Hydrogen Pathways for Optimal Solar Integration in the Glass Industry
by Lorenzo Miserocchi and Alessandro Franco
Solar 2025, 5(3), 35; https://doi.org/10.3390/solar5030035 - 1 Aug 2025
Viewed by 95
Abstract
Direct electrification and hydrogen utilization represent two key pathways for decarbonizing the glass industry, with their effectiveness subject to adequate furnace design and renewable energy availability. This study presents a techno-economic assessment for optimal solar energy integration in a representative 300 t/d oxyfuel [...] Read more.
Direct electrification and hydrogen utilization represent two key pathways for decarbonizing the glass industry, with their effectiveness subject to adequate furnace design and renewable energy availability. This study presents a techno-economic assessment for optimal solar energy integration in a representative 300 t/d oxyfuel container glass furnace with a specific energy consumption of 4.35 GJ/t. A mixed-integer linear programming formulation is developed to evaluate specific melting costs, carbon emissions, and renewable energy self-consumption and self-production rates across three scenarios: direct solar coupling, battery storage, and a hydrogen-based infrastructure. Battery storage achieves the greatest reductions in specific melting costs and emissions, whereas hydrogen integration minimizes electricity export to the grid. By incorporating capital investment considerations, the study quantifies the cost premiums and capacity requirements under varying decarbonization targets. A combination of 30 MW of solar plant and 9 MW of electric boosting enables the realization of around 30% carbon reduction while increasing total costs by 25%. Deeper decarbonization targets require more advanced systems, with batteries emerging as a cost-effective solution. These findings offer critical insights into the economic and environmental trade-offs, as well as the technical constraints associated with renewable energy adoption in the glass industry, providing a foundation for strategic energy and decarbonization planning. Full article
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21 pages, 2690 KiB  
Article
Research on the Cross-Efficiency Model of the Innovation Dynamic Network in China’s High-Tech Manufacturing Industry
by Danping Wang, Jian Ma and Zhiying Liu
Appl. Sci. 2025, 15(15), 8552; https://doi.org/10.3390/app15158552 (registering DOI) - 1 Aug 2025
Viewed by 190
Abstract
To evaluate the efficiency of innovation development in China’s high-tech manufacturing industry, this paper constructs a two-stage dynamic network cross-efficiency model. This model divides innovation activities into two stages: technology research and development and achievement transformation and introduces a 2-year lag period in [...] Read more.
To evaluate the efficiency of innovation development in China’s high-tech manufacturing industry, this paper constructs a two-stage dynamic network cross-efficiency model. This model divides innovation activities into two stages: technology research and development and achievement transformation and introduces a 2-year lag period in the technology research and development stage and a 1-year lag period in the achievement transformation stage. It proposes the overall efficiency and efficiency models for each stage. The model was applied to 30 provinces in China, and the results showed that most provinces have achieved relatively ideal results in the overall efficiency and achievement transformation stage of high-tech manufacturing, while the efficiency in the technology research and development stage is generally lower than that in the achievement transformation stage. It is recommended that enterprises increase their R&D investments, break through technological barriers, and optimize the innovation chain. Full article
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20 pages, 413 KiB  
Article
Spectral Graph Compression in Deploying Recommender Algorithms on Quantum Simulators
by Chenxi Liu, W. Bernard Lee and Anthony G. Constantinides
Computers 2025, 14(8), 310; https://doi.org/10.3390/computers14080310 - 1 Aug 2025
Viewed by 182
Abstract
This follow-up scientific case study builds on prior research to explore the computational challenges of applying quantum algorithms to financial asset management, focusing specifically on solving the graph-cut problem for investment recommendation. Unlike our prior study, which focused on idealized QAOA performance, this [...] Read more.
This follow-up scientific case study builds on prior research to explore the computational challenges of applying quantum algorithms to financial asset management, focusing specifically on solving the graph-cut problem for investment recommendation. Unlike our prior study, which focused on idealized QAOA performance, this work introduces a graph compression pipeline that enables QAOA deployment under real quantum hardware constraints. This study investigates quantum-accelerated spectral graph compression for financial asset recommendations, addressing scalability and regulatory constraints in portfolio management. We propose a hybrid framework combining the Quantum Approximate Optimization Algorithm (QAOA) with spectral graph theory to solve the Max-Cut problem for investor clustering. Our methodology leverages quantum simulators (cuQuantum and Cirq-GPU) to evaluate performance against classical brute-force enumeration, with graph compression techniques enabling deployment on resource-constrained quantum hardware. The results underscore that efficient graph compression is crucial for successful implementation. The framework bridges theoretical quantum advantage with practical financial use cases, though hardware limitations (qubit counts, coherence times) necessitate hybrid quantum-classical implementations. These findings advance the deployment of quantum algorithms in mission-critical financial systems, particularly for high-dimensional investor profiling under regulatory constraints. Full article
(This article belongs to the Section AI-Driven Innovations)
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