Search

Our goal is to examine the efficiency of different intraday electricity markets and if any of their price prediction models are more accurate than others. This paper includes a comprehensive review of Germany, France, and Norway's (NOR1) day-ahead and intraday electricity market prices. These markets represent different energy mixes which would allow us to analyze the impact of the energy mix on the efficiencies of these markets. To draw conclusions about extreme market conditions, (i) we reviewed the market data linked to COVID-19. We expected higher volatility in the lockdowns than before and therefore decrease in the efficiency of the prediction models. With our analysis, (ii) we want to draw conclusions as to whether a mix based mainly on renewable energies such as that in Norway implies lower volatilities even in times of crisis. This would answer (iii) whether a market with an energy mix like Norway is more efficient in highly volatile phases. For the analysis, we use data visualization and statistical models as well as sample and out-of-sample data. Our finding was that while the different price and volatility levels occurred, the direction of the market was similar. We could find evidence that our expectations (i–iii) were met. [ABSTRACT FROM AUTHOR]

The e-commerce industry has been developing extremely dynamically for many years. This development was intensified during the COVID-19 pandemic. According to the research conducted by the authors of this paper, in Poland, during the pandemic, the number of delivered parcels increased 20–100%, depending on the courier company. The research of the authors of this article focused on the energy efficiency of the last mile, which is very important for the efficiency of the entire delivery process to customers. As the authors calculated, the last mile can consume over 70% of energy of the whole distribution channel. The article presents the results of research concerning the energy efficiency of deliveries performed by couriers and express companies in Poland. Two models of distribution used Poland have been compared—direct deliveries to final customers, and deliveries to parcel lockers. The research methods are interviews with the managers and couriers, analysis of the literature, and the simulation method. According to the results of the simulations performed by the authors, distribution with the use of parcels lockers can help reduce the consumption of fuel even by 74–87% per parcel or 36% per m3. Apart from this, the authors calculated the impact of scale of operations on the energy efficiency of the transport processes on the last mile, which is an indirect effect of the growth of the e-commerce market, caused by the pandemic. Based on the results of the original research of the authors, it can be assessed that the growth of the number of the delivered parcels during the pandemic resulted in the consumption of fuel per one parcel being reduced in some cases by over 36%. The novelty of the authors' research is that the conducted simulations regarded not only the efficiency of the processes, but also the energy consumption in delivering parcels at the last mile and during the pandemic. [ABSTRACT FROM AUTHOR]

Reducing energy waste is one of the primary concerns facing Remote Industrial Plants (RIP) and, in particular, the accommodations and operational plants located in remote areas. With the COVID-19 pandemic continuing to attack the health of workforce, managing the balance between energy efficiency and Occupation Health and Safety (OHS) in the workplace becomes another great challenge for the RIP. Maintaining this balance is difficult mainly because a full awareness of the OHS will generally consume more energy while reducing the energy cost may lead to a less effective OHS, and the existing literature has not seen a system that is designed for the RIPs to conserve energy usage and improve workforce OHS simultaneously. To bridge this gap, in this paper, we propose an AI Empowered Cyber Physical Ecosystem (AECPE) solution for the RIPs, which integrates Cyber-Physical Systems (CPS), artificial intelligence, and mobile networks. The preliminary results of lab experiments and field tests proved that the AECPE was able to help industries reduce the corporate annual energy cost that is worth millions of dollars, optimise the environmental conditions, and improve OHS for all workers and stakeholders. The implementation of the AECPE can result in efficient energy usage, reduced wastage and emissions, environment-friendly operations, and improved social reputation of the industries. [ABSTRACT FROM AUTHOR]

Energy is vital for the proper functioning of the various sectors of the economy and social life. During the pandemic, there have been some changes in these aspects that need to be investigated. The main objective of this article is to identify the direction of change caused by the COVID-19 pandemic in energy consumption and energy intensity in sectors and economic areas in EU countries. The specific objectives are to identify the importance of energy consumption in sectors and areas of the economy in individual EU countries; to determine the dynamics of change and variability during the pandemic in energy consumption in individual sectors and areas of the economy in EU countries, especially during the COVID-19 pandemic; to determine the changes in energy intensity of individual economic sectors and the differences in energy intensity between individual EU countries, including during the COVID-19 pandemic. Using a purposive selection method, all 27 EU Member States were selected for the study on 31 December 2020. The analysed period covered the years 2005–2020. The sources of material were literature and data from Eurostat. Descriptive, tabular and graphical methods, dynamic indicators with a fixed base and variable base, Gini coefficient, coefficient of variation, Pearson's linear correlation coefficient, and multi-criteria analysis were used for analysis and presentation. It was found that the structure of energy consumption had remained unchanged for several years, with transport, industry and households dominating. There were no significant differences between countries. The COVID-19 pandemic reduced energy consumption in all sectors of the economy, the largest in transport and services and the smaller in industry. At the same time, household energy consumption increased. As a result of the pandemic, there was an increase in energy intensity in all sectors of the economy, the largest in industry. Western European countries had a lower energy intensity of the economy than Central and Eastern European countries. There was little change over several years. Countries generally maintained their ranking. The pandemic did not change anything in this respect, meaning that it had a similar impact on individual EU countries. [ABSTRACT FROM AUTHOR]