Nobody knows anything? Applying pari-mutuel prediction markets to the motion picture industry. This project will explore the predictability of unreleased motion pictures' theatrical box office revenues using incentive rich pari-mutuel prediction markets. The mechanism will promote price discovery and associated probability estimates that will benefit those already investing in the industry as well as encouraging new investment.
Hydrogen generation by subsurface iron mineral transformations. Aim
The aim of this project is to elucidate key factors responsible for natural hydrogen generation in Australian subsurface environments.
Significance
Large amounts of this valuable resource are produced naturally with estimates of production rates of this “gold” hydrogen at least 100 times the annual demand for this critical resource.
Expected Outcomes
Based on improved understanding of the source of natural hydrogen, predictive ....Hydrogen generation by subsurface iron mineral transformations. Aim
The aim of this project is to elucidate key factors responsible for natural hydrogen generation in Australian subsurface environments.
Significance
Large amounts of this valuable resource are produced naturally with estimates of production rates of this “gold” hydrogen at least 100 times the annual demand for this critical resource.
Expected Outcomes
Based on improved understanding of the source of natural hydrogen, predictive tools will be developed that will assist in assessing the viability in Australia of hydrogen exploration and engineered retrieval.
Benefits
Ready access to naturally produced hydrogen could enable Australia to replace hydrogen that is currently generated via the use of unabated hydrocarbons.Read moreRead less
Economic impact and policy implications of assisted reproductive technologies in Australia. Assisted reproductive technology (ART) is now a large scale economic activity in Australia, provided almost exclusively by private clinics. The outcome of ART programs, involving the birth of one in 30 children, has a profound effect on the health of the nation. Policy and funding frameworks influence how ART is practiced and the subsequent health outcomes of ART children, yet there is a lack of evidence ....Economic impact and policy implications of assisted reproductive technologies in Australia. Assisted reproductive technology (ART) is now a large scale economic activity in Australia, provided almost exclusively by private clinics. The outcome of ART programs, involving the birth of one in 30 children, has a profound effect on the health of the nation. Policy and funding frameworks influence how ART is practiced and the subsequent health outcomes of ART children, yet there is a lack of evidence to guide government and providers about effective, equitable and safe approaches to funding ART. This research will address that need, thereby fostering a healthy start to life and preventative healthcare; supporting the National Research Priority, promoting and maintaining good health, for ART children, their families and the community.Read moreRead less
A cloud computing environment for managing foreign exchange risk. This project involves using parallel computing and machine learning to improve the real-time handling of a bank's foreign exchange risk. It will lead to improved techniques to manage exchange rate variations, enabling banks to better assess their risk and will ultimately lead to improved services for Australian companies.
Bulk Mg based hydrogen storage alloys with faster activation. Bulk Mg based hydrogen storage alloys with faster activation. This project aims to improve the performance and efficiency of manufacture of magnesium-based hydrogen storage alloys, making them more cost competitive and widely useable. A hydrogen economy will reduce greenhouse gas emissions and improve air quality in urban areas. The expected outcomes are an understanding of the mechanisms governing the activation process, a necessary ....Bulk Mg based hydrogen storage alloys with faster activation. Bulk Mg based hydrogen storage alloys with faster activation. This project aims to improve the performance and efficiency of manufacture of magnesium-based hydrogen storage alloys, making them more cost competitive and widely useable. A hydrogen economy will reduce greenhouse gas emissions and improve air quality in urban areas. The expected outcomes are an understanding of the mechanisms governing the activation process, a necessary step in manufacture, and techniques to exploit these mechanisms to minimise the activation time. This is expected to develop competitive, bulk magnesium-based hydrogen storage alloys for effective and safe hydrogen storage systems.Read moreRead less
Redefining museum experience as an immersive networked narrative. The Project aims to investigate the contemporary emergence of novel forms of immersive and networked narrative in museum settings. It expects to reformulate our understanding and experience of a multi-located collection and the ways in which it can be aesthetically explored. To do so, it will experimentally apply an artistic system that transforms the display, engagement and organisation of the Museum of Applied Arts and Sciences' ....Redefining museum experience as an immersive networked narrative. The Project aims to investigate the contemporary emergence of novel forms of immersive and networked narrative in museum settings. It expects to reformulate our understanding and experience of a multi-located collection and the ways in which it can be aesthetically explored. To do so, it will experimentally apply an artistic system that transforms the display, engagement and organisation of the Museum of Applied Arts and Sciences' collection across its venues. Anticipated is a demonstration of how users can explore this distributed collection in concert with a database system, with benefits that impact the aesthetic scope and scale of museum experiences.Read moreRead less
Emissions trading and the design and operation of Australia's energy markets. Past research has applied the methods of experimental economics to focus on capacity markets, futures markets, and demand side response management options for electricity markets in the United States of America. This project will examine research priorities for Australia's energy markets. These include market impacts on investment decision-making, trade in Renewable Energy Certificates, and the consequences of carbon e ....Emissions trading and the design and operation of Australia's energy markets. Past research has applied the methods of experimental economics to focus on capacity markets, futures markets, and demand side response management options for electricity markets in the United States of America. This project will examine research priorities for Australia's energy markets. These include market impacts on investment decision-making, trade in Renewable Energy Certificates, and the consequences of carbon emissions trading for energy market outcomes. Australia's electricity markets are primarily financial markets and new policy developments present both risks and opportunities. By designing and testing markets, experiments will be used to test market performance and for unforeseen consequences of new market policies.Read moreRead less
Highly-efficient, reversible fuel cell. This project aims to develop a reversible fuel cell - electrolyser capable of storing electricity (in the form of hydrogen gas) with the same overall energy efficiency as the best present storage system, pumped hydro. Whereas pumped hydro requires large infrastructure like dams, the proposed cell will be extremely inexpensive and easily scalable.
The economic value of smart integration of electric vehicles into the Australian electricity industry. The project will facilitate the potentially rapid and widespread deployment of Electric Vehicles (EV) in Australia with considerable social, economic and environmental benefits. The economics of our current road transportation sector are adversely impacted by rising and volatile oil prices. The near total reliance of the sector on an inherently limited and increasingly imported resource also ha ....The economic value of smart integration of electric vehicles into the Australian electricity industry. The project will facilitate the potentially rapid and widespread deployment of Electric Vehicles (EV) in Australia with considerable social, economic and environmental benefits. The economics of our current road transportation sector are adversely impacted by rising and volatile oil prices. The near total reliance of the sector on an inherently limited and increasingly imported resource also has energy security implications. Road transport is also responsible for a significant proportion of Australian greenhouse emissions. EVs represent an extraordinary opportunity to address these challenges. However, widespread uptake will hinge on our ability to effectively integrate EV charging into the Australian electricity industry.Read moreRead less