Special Research Initiatives - Grant ID: SR0354895
Funder
Australian Research Council
Funding Amount
$40,000.00
Summary
Financial Integrity Research Network (FIRN). FIRN will be directed towards innovation in the integrity and efficiency of Australia's financial system. To address pressing problems and threats associated with this key component of Australia's infrastructure, FIRN will bring together a multi-disciplinary network featuring internationally renowned academics in a unique collaborative research effort which will cross conventional disciplinary boundaries including financial economics, applied statist ....Financial Integrity Research Network (FIRN). FIRN will be directed towards innovation in the integrity and efficiency of Australia's financial system. To address pressing problems and threats associated with this key component of Australia's infrastructure, FIRN will bring together a multi-disciplinary network featuring internationally renowned academics in a unique collaborative research effort which will cross conventional disciplinary boundaries including financial economics, applied statistics, actuarial science, financial mathematics, market micro-structure, accounting and information systems. FIRN will be supported by SIRCA's world-class financial research infrastructure and industry network. It will deliver a range of innovative research, educational, professional development and applied outcomes.Read moreRead less
Investigation of Demand Diversity and Appropriate New Generation Entry into Electricity Market Simulation Tools. The power industry is currently facing a great challenge in providing
better market operation and management following recent devastating blackouts in North America, UK and Italy. This project aims at investigating major mechanisms of market simulation techniques including impacts from load diversity and approaches to defining appropriate new generation entry into the market. From th ....Investigation of Demand Diversity and Appropriate New Generation Entry into Electricity Market Simulation Tools. The power industry is currently facing a great challenge in providing
better market operation and management following recent devastating blackouts in North America, UK and Italy. This project aims at investigating major mechanisms of market simulation techniques including impacts from load diversity and approaches to defining appropriate new generation entry into the market. From the outcome of this project the National Electricity Market will be able to manage the uncertainties of load diversity (one of the most common blackout causes), and efficiently minimise risk associated with decisions on new generation entry to enhance electricity supply infrastructure.
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Managing the risk of price spikes, dependences and contagion effects in australian electricity markets. Australian electricity markets are more volatile and spike-prone than other comparable markets. Price spikes account for large parts of total price variation, and companies that are unprepared to manage these risks adequately face potentially substantial losses. The economic reality of price spikes in our interconnected electricity markets which are small and geographically isolated, unlike th ....Managing the risk of price spikes, dependences and contagion effects in australian electricity markets. Australian electricity markets are more volatile and spike-prone than other comparable markets. Price spikes account for large parts of total price variation, and companies that are unprepared to manage these risks adequately face potentially substantial losses. The economic reality of price spikes in our interconnected electricity markets which are small and geographically isolated, unlike the proximate markets of Europe and North America, emphasises the imperative of this Australian-focused research. Results will enable forecasting of extreme prices and enable market participants to manage better their risks, in Australia's unique electricity environment, and reduce chances of large losses or default.Read moreRead less
Power systems with diverse generation - implications, control and capability. This research will generate a systematic methodology to handle the impact of the renewable energy sources on the NSW power grid. It increases our understanding of the impact of climate change policies relating to mandatory targets for greenhouse gas reduction helping to build Australia’s research capacity in the national priority area of an environmentally sustainable Australia. The anticipated methodology can also be ....Power systems with diverse generation - implications, control and capability. This research will generate a systematic methodology to handle the impact of the renewable energy sources on the NSW power grid. It increases our understanding of the impact of climate change policies relating to mandatory targets for greenhouse gas reduction helping to build Australia’s research capacity in the national priority area of an environmentally sustainable Australia. The anticipated methodology can also be seen as protecting the security of power infrastructure as well. Maintaining a critical energy infrastructure protects our way of life and ensures ongoing social, economic and environmental well being of Australia.Read moreRead less
A methodology for the control of harmonics due to large distorting loads. The ideal electricity supply has a voltage of prescribed frequencey and value with a sinusoidal waveshape. Modern electronic equipment such as digital commuication equipment and automatic manufacturing lines draw non-sinusoidal currents which distort the voltage waveform. Electricity suppliers are responsible for limiting voltage distoration to levels set by national standards. Techniques have been developed to allow them ....A methodology for the control of harmonics due to large distorting loads. The ideal electricity supply has a voltage of prescribed frequencey and value with a sinusoidal waveshape. Modern electronic equipment such as digital commuication equipment and automatic manufacturing lines draw non-sinusoidal currents which distort the voltage waveform. Electricity suppliers are responsible for limiting voltage distoration to levels set by national standards. Techniques have been developed to allow them to determine the maximum level of current distortion to which a particular customer is entitled. This project will developand verify a method for determining if a particular customer exceeds that entitlement.Read moreRead less
Hot-swappable and High-efficient Grid-connected Power Electronics System For Photovoltaic Modules with Direct Power Transfer Technique. The project aims to increase the amount of available energy intake from photovoltaic panels, lengthen lifetime of power DC/AC inverter, reduce the amount of energy waste due to inefficient inverter by introducing new switching power converters with direct power transfer technique - bypassing part of the input power without repeatedly processing it, and using lon ....Hot-swappable and High-efficient Grid-connected Power Electronics System For Photovoltaic Modules with Direct Power Transfer Technique. The project aims to increase the amount of available energy intake from photovoltaic panels, lengthen lifetime of power DC/AC inverter, reduce the amount of energy waste due to inefficient inverter by introducing new switching power converters with direct power transfer technique - bypassing part of the input power without repeatedly processing it, and using long-life ceramic type capacitors. Development of this technology will mean reduced total cost, improved product lifetime and reduced global warming. It will lead to a reliable product that will help to put the Australian switching power converter industry into a leading position internationally in the design and manufacture of DC/AC inverters.Read moreRead less
Theoretical study and experimental verification of low cost, integrated and efficient AC/DC power supplies using time-multiplexing control. The project aims to reduce the amount of energy waste and cost due to inefficient AC/DC power supplies by introducing a novel power supply technique - combining conventional two-stage power circuits and using time-multiplexing control. Improvements in power supply efficiency and size will mean reduced total cost, improved product lifetime and reduced heating ....Theoretical study and experimental verification of low cost, integrated and efficient AC/DC power supplies using time-multiplexing control. The project aims to reduce the amount of energy waste and cost due to inefficient AC/DC power supplies by introducing a novel power supply technique - combining conventional two-stage power circuits and using time-multiplexing control. Improvements in power supply efficiency and size will mean reduced total cost, improved product lifetime and reduced heating up of the environment, leading to a reliable product that is particularly relevant to the Australian switching power supply industry. The development of this technology will help to put Australia into a leading position internationally in the design and manufacturing of AC/DC power supply.Read moreRead less
ARC Financial Integrity Research Network. The integrity of the financial system is constantly under stress because of the development of ever more complex financial instruments, structures and strategies, and the associated research technologies that continues to accelerate worldwide. FIRN's vision is to harness the considerable strengths of Australia's internationally renowned finance, accounting and economics researchers into a research agenda to address issues concerning the integrity of the ....ARC Financial Integrity Research Network. The integrity of the financial system is constantly under stress because of the development of ever more complex financial instruments, structures and strategies, and the associated research technologies that continues to accelerate worldwide. FIRN's vision is to harness the considerable strengths of Australia's internationally renowned finance, accounting and economics researchers into a research agenda to address issues concerning the integrity of the financial system. It will enable Australian research in this area to match the scale and impact of similar research in other major international financial centres, and play an essential role in placing Australia among the world's leaders in financial markets related research.Read moreRead less
Climate change and energy policy: elements of a robust policy mix. The national benefits of the project lie directly in assisting Australia achieve significant emissions reductions (at least 60% by 2050) as part of the global effort to avoid dangerous climate change. This needs to be done in an effective, efficient and equitable manner that takes into account other national policy goals including those of the energy sector. There are clear benefits in developing a framework that can assist in cr ....Climate change and energy policy: elements of a robust policy mix. The national benefits of the project lie directly in assisting Australia achieve significant emissions reductions (at least 60% by 2050) as part of the global effort to avoid dangerous climate change. This needs to be done in an effective, efficient and equitable manner that takes into account other national policy goals including those of the energy sector. There are clear benefits in developing a framework that can assist in creating a policy mix that explicitly deals with the complementarities and trade-offs that arise in the interaction of the various policy instruments employed to achieve these multiple goals.Read moreRead less
Directed assembly and photoelectric properties of core-shell nanowire networks of PbSe-TiO2 heterostructures for high efficiency low-cost solar cells. The proposed program is aimed at studying numerous fundamental properties and phenomena of photoelectrochemical cells that have an important impact on environmentally friendly solutions to energy problems. Specifically, solar cells have a significant role in energy markets and in lessening CO2 emissions and other environmental impacts. Solar cell ....Directed assembly and photoelectric properties of core-shell nanowire networks of PbSe-TiO2 heterostructures for high efficiency low-cost solar cells. The proposed program is aimed at studying numerous fundamental properties and phenomena of photoelectrochemical cells that have an important impact on environmentally friendly solutions to energy problems. Specifically, solar cells have a significant role in energy markets and in lessening CO2 emissions and other environmental impacts. Solar cell technology, coupled with renewable energy sources, has the potential to provide a long-term solution to the energy crisis and the global warming threat. In addition, the strong team to be assembled will reach a leading position in this area of cutting edge technology. The outcomes will benefit Australian industries.Read moreRead less