Sample records for european gas market

  1. Is the U.S. shale gas boom having an effect on the European gas market?

    NASA Astrophysics Data System (ADS)

    Yao, Isaac

    This thesis focuses on the impact of the American shale gas boom on the European natural gas market. The study presents different tests in order to analyze the dynamics of natural gas prices in the U.S., U.K. and German natural gas market. The question of cointegration between these different markets are analyzed using several tests. More specifically, the ADF tests for the presence of a unit root. The error correction model test and the Johansen cointegration procedure are applied in order to accept or reject the hypothesis of an integrated market. The results suggest no evidence of cointegration between these markets. There currently is no evidence of an impact of the U.S. shale gas boom on the European market.

  2. Effects of liberalizing the natural gas market in western Europe

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Golombek, R.

    1995-12-31

    This paper uses a numerical model to examine the long-run impact of a radical liberalization of the West-European natural gas markets. We study profit maximizing Cournot producers facing an ideal third party access regime for gas transport. producers sell gas weather to large users in the manufacturing industry and to gas-fired thermal power plants, or to loval distribution companies. We first examine the case where no traders exploit arbitrage possibilities and some producers have limited access to the markets. In this equilibrium net prices differ across markets. These differences disappear in the second case where traders are introduced. The thirdmore » case focuses on a complete European market for natural gas in which traders exploit all arbitrage possibilities and all producers can sell gas in all markets. We also study the impact on the complete European market of changes in costs for production, transport, and distribution. Finally, welfare implications from a liberalization of the West-European natural gas markets are discussed. We argue that a radical liberalization could increase economic welfare in Western Europe by 15% to 20% in the long run. 35 refs., 9 tabs.« less

  3. Climate change, future Arctic Sea ice, and the competitiveness of European Arctic offshore oil and gas production on world markets.

    PubMed

    Petrick, Sebastian; Riemann-Campe, Kathrin; Hoog, Sven; Growitsch, Christian; Schwind, Hannah; Gerdes, Rüdiger; Rehdanz, Katrin

    2017-12-01

    A significant share of the world's undiscovered oil and natural gas resources are assumed to lie under the seabed of the Arctic Ocean. Up until now, the exploitation of the resources especially under the European Arctic has largely been prevented by the challenges posed by sea ice coverage, harsh weather conditions, darkness, remoteness of the fields, and lack of infrastructure. Gradual warming has, however, improved the accessibility of the Arctic Ocean. We show for the most resource-abundant European Arctic Seas whether and how a climate induced reduction in sea ice might impact future accessibility of offshore natural gas and crude oil resources. Based on this analysis we show for a number of illustrative but representative locations which technology options exist based on a cost-minimization assessment. We find that under current hydrocarbon prices, oil and gas from the European offshore Arctic is not competitive on world markets.

  4. THE COMMON MARKET AND EUROPEAN UNIFICATION,

    DTIC Science & Technology

    A study of the Common Market ; its past problems, current difficulties, and future possibilities are presented. The study consists of seven sections...each of which may be read independently: (1) an introduction to the Common Market ; (2) the Common Market and internal trade; (3) external economic...European Economic Community agriculture; and (7) the Common Market and European political unification. Statistical tables showing import and export data of the Common Market countries are appended. (Author)

  5. Do online pharmacies fit European internal markets?

    PubMed

    Mäkinen, Mia Maria; Rautava, Päivi Tuire; Forsström, Jari Johannes

    2005-05-01

    The aim of this article is to consider the suitability of online pharmacies into European internal market area. This required considering the models of present online pharmacies in respect to the existing legislation. Data on online pharmacy settings was collected by looking some online pharmacies, which were found by using Goggle search machine with term "online pharmacy" and by studying websites of some well-known online pharmacies. European legislation and policy were studied from European Union's official website. Online drug markets seem to be increasing in popularity for reasons related to their ready availability and cost benefits. Few online pharmacies are based in Europe, yet online markets are worldwide. Community legislation does not stipulate on the legality of online pharmacies on European internal markets. Instead Community legislation offers framework for electronic commerce that could also include online pharmacy practise. National legislation, however, may rule them out either directly or indirectly. Regardless of European internal markets online pharmacies' cross-border operations are particularly complicated. Preliminary ruling from the European Court of Justice concerning one European online pharmacy's cross-border practise is awaited 2003-2004 and will offer some aspects for future.

  6. Carbon Prices: Dynamic analysis of European and Californian markets

    NASA Astrophysics Data System (ADS)

    Sousa, Rita Mafalda Dionisio de

    Carbon markets' goal is to promote the reduction of emissions of greenhouse gases where it is most cost-efficient. This makes the price of the tradable good - carbon dioxide equivalent (CO2e) - a key variable in management and risk decisions, in markets related to activities connected with the burning of fossil fuels, such as power generation. This work aims to improve the analysis of carbon prices' dynamics, considering the possibility of multidirectional effects between prices of CO2e, energy (primary and final), offsets licenses and the economy performance, in various frequencies. The two main research questions are: (i) what drives carbon price variations? (ii) what variations do carbon prices drive? We used two comple-mentary methodologies: (a) a vector autoregression model (of common use in macroeconomics and financial markets but not in carbon-energy relations), which allows the analysis of causality and of impulse-response functions of daily prices; and (b) an innovative multivariate wavelet analysis, which allows us to understand the relationship and causal link between the variables in the time and frequency dimensions, particularly in longer cycles (4 8 and 8 20 months), not perceived in previous studies. As case studies we considered the European (EU ETS) and Califor-nia (AB32) carbon markets. This is the first research to present the analysis of the referred US market. The analysis covers the 2008-2013 period, intentionally excluding the EU ETS phase I, for greater consistency of results. Results suggest that the economy and electricity drive the price of European carbon, while gas and oil have a greater role in California. So, there is a greater influence of final energy prices in the most mature market. We also observe that the price of CERs does not affect the European carbon price. On the other hand, this study shows for the first time that carbon prices have impacts on electricity prices over longer cycles (8 20 months) and in coal over short

  7. Global integration of European tuna markets

    NASA Astrophysics Data System (ADS)

    Jiménez-Toribio, Ramòn; Guillotreau, Patrice; Mongruel, Rémi

    2010-07-01

    This paper evaluates the degree of integration between the world market and the major European marketplaces of frozen and canned tuna through both vertical and horizontal price relationships. Spatial linkages are investigated horizontally in order to estimate the connection between the European market and the world-wide market on the primary stage of the value chain. One of the key results is the high level of market integration at the ex-vessel stage, and the price leadership of yellowfin tuna over skipjack tuna. The same approach is applied at the ex-factory level. Basically, the European market for final goods appears to be segmented between the Northern countries consuming low-priced canned skipjack tuna imported from Asia (mainly Thailand) and the Southern countries (Italy, Spain) processing and importing yellowfin-based products sold at higher prices. France appears to be an intermediate market where both products are consumed. The former market is found to be well integrated to the world market and can be considered to be competitive, but there is a suspicion of market power being exercised on the latter. Price relationships are therefore tested vertically between the price of frozen tuna paid by the canneries and the price of canned fish in both Italy and France. The two species show an opposite pattern in prices transmission along the value chain: price changes along the chain are far better transmitted for the “global” skipjack tuna than for the more “European” yellowfin tuna. The results are discussed, along with their implications for the fishing industry.

  8. European semiconductor industry: Markets, government programs

    NASA Astrophysics Data System (ADS)

    Scharf, A.

    1983-01-01

    The marketing of the semiconductor industry in Europe and especially microelectronics which is situated between the millstones of USA and Japan is discussed. The concerned enterprises and governments appear to lack the motivation for close cooperation using European resources, corresponding to the ideas of the contracts on which the common market is based. It is felt that microelectronics is promoted in individual countries under more national perspectives, and the enterprises are pursuing strictly their own interests in cooperating with predominantly American and Japanese partners. An insight into the European semiconductor scene, its markets, as well as assistance for promotion and establishment available in the individual countries is discussed.

  9. The Eastring gas pipeline in the context of the Central and Eastern European gas supply challenge

    NASA Astrophysics Data System (ADS)

    Mišík, Matúš; Nosko, Andrej

    2017-11-01

    Ever since the 2009 natural gas crisis, energy security has been a crucial priority for countries of Central and Eastern Europe. Escalating in 2014, the conflict between Ukraine and Russia further fuelled negative expectations about the future development of energy relations for the region predominantly supplied by Russia. As a response to the planned cessation of gas transit through the Brotherhood pipeline, which brings Russian gas to Europe via Ukraine and Slovakia, the Slovak transmission system operator Eustream proposed the Eastring pipeline. This Perspective analyses this proposal and argues that neither the perceived decrease in Slovak energy security nor the loss of economic rent from the international gas transit should be the main policy driver behind such a major infrastructure project. Although marketed as an answer to current Central and Eastern European gas supply security challenges, the Eastring pipeline is actually mainly focused on issues connected to the Slovak gas transit.

  10. Visibility graph network analysis of natural gas price: The case of North American market

    NASA Astrophysics Data System (ADS)

    Sun, Mei; Wang, Yaqi; Gao, Cuixia

    2016-11-01

    Fluctuations in prices of natural gas significantly affect global economy. Therefore, the research on the characteristics of natural gas price fluctuations, turning points and its influencing cycle on the subsequent price series is of great significance. Global natural gas trade concentrates on three regional markets: the North American market, the European market and the Asia-Pacific market, with North America having the most developed natural gas financial market. In addition, perfect legal supervision and coordinated regulations make the North American market more open and more competitive. This paper focuses on the North American natural gas market specifically. The Henry Hub natural gas spot price time series is converted to a visibility graph network which provides a new direction for macro analysis of time series, and several indicators are investigated: degree and degree distribution, the average shortest path length and community structure. The internal mechanisms underlying price fluctuations are explored through the indicators. The results show that the natural gas prices visibility graph network (NGP-VGN) is of small-world and scale-free properties simultaneously. After random rearrangement of original price time series, the degree distribution of network becomes exponential distribution, different from the original ones. This means that, the original price time series is of long-range negative correlation fractal characteristic. In addition, nodes with large degree correspond to significant geopolitical or economic events. Communities correspond to time cycles in visibility graph network. The cycles of time series and the impact scope of hubs can be found by community structure partition.

  11. Defining the market for gas cooling--

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Brodrick, J.R.; Patel, R.

    1990-01-01

    This paper looks at the market prospects for emerging gas cooling technologies. Many factors are found influence market decisions, and a number of factors have been set aside for reasons of conservatism and expediency. By considering some of these motivators, a fuller understanding of the market is made. Relative to this information, the potential success of gas cooling systems are estimated. Three gas cooling systems are evaluated as possible approaches for base-loaded and peak-loaded commercial buildings. Other system concepts may be appropriate.

  12. The European Market for Animal-Friendly Products in a Societal Context

    PubMed Central

    Ingenbleek, Paul T. M.; Harvey, David; Ilieski, Vlatko; Immink, Victor M.; de Roest, Kees; Schmid, Otto

    2013-01-01

    Simple Summary This article takes a future focus on the direction in which social forces develop the market for animal-friendly products in Europe. Although many stakeholders believe that the market is the most viable direction to improve farm animal welfare, economic productivity of the chain remains an issue that on a fundamental level conflicts with the objective to improve animal welfare. The European market for animal-friendly products is still largely fragmented and the differences between European countries are considerable. A more animal-friendly future that is achieved through the market will therefore need substantial policy attention from stakeholders in society. Abstract This article takes a future focus on the direction in which social forces develop the market for animal-friendly products in Europe. On the basis of qualitative data gathered in the context of the European EconWelfare project, the differences across eight European countries are studied. The findings suggest that, given international trade barriers that prevent an improvement of animal welfare through legislation, many stakeholders believe that the market is the most viable direction to improve farm animal welfare. Economic productivity of the chain remains, however, an issue that on a fundamental level conflicts with the objective to improve animal welfare. With the help of a deeper conceptual understanding of willingness to pay for animal welfare, the paper finds that the European market for animal-friendly products is still largely fragmented and that the differences between European countries are considerable. A more animal-friendly future that is achieved through the market will therefore need substantial policy attention from stakeholders in society. PMID:26479535

  13. THE EUROPEAN SOVIET BLOC AND THE WEST AS MARKETS FOR PRIMARY PRODUCTS,

    DTIC Science & Technology

    size, the growth, and the stability of the market . The performance of the European Soviet Bloc and of the Eastern European countries is compared with...that of seven leading Western countries (the United States, United Kingdom, and the Common Market countries), and that of the Common Market countries

  14. Multiple Hub Network Choice in the Liberalized European Market

    NASA Technical Reports Server (NTRS)

    Berechman, Joseph; deWit, Jaap

    1997-01-01

    A key question that so far has received relatively little attention in the germane literature is that of the changes at various airports as a result of the EU liberalization policies. That is, presently, most major European airports still benefit from the so-called home-carrier phenomenon where the country's publicly or semi-publicly owned carrier uses the country's main airport as its gateway hub and, consequently, the home-carrier is also the principal user of this airport (in terms of proportion of total aircraft movements, number of passengers transported, connections, slots ownership, etc.). The country's main airport has substantially benefited from these monopoly conditions of airline captivity, strongly determined by the bilateral system of international air transport regulation. Therefore, European major airports were used to operate in essentially different markets, compared to the increasingly competitive markets of their home based carriers. This partly explains relative stability of transport volumes and financial results of European major airports compared to the relatively volatile financial results of most European national airlines. However, the liberalization of European aviation is likely to change this situation. Market access is open now to all community carriers, i.e. carriers with majority ownership and effective control in the hands of EU citizens. Ticket prices are free, governments can only intervene in case of dumping or excessive pricing. A community airline can choose its seat in any of the 15 member states. Licensing procedures are harmonized between member states. In the last few months community carriers have had unrestricted route access within the EU. Most probably this development will be extended to countries inside and outside Europe. Last year the European Commission got the mandate to start negotiations with 10 other European countries. In the meantime the EC has also started negotiations with the USA on so-called soft rights

  15. Global Liquefied Natural Gas Market: Status and Outlook, The

    EIA Publications

    2003-01-01

    The Global Liquefied Natural Gas Market: Status & Outlook was undertaken to characterize the global liquefied natural gas (LNG) market and to examine recent trends and future prospects in the LNG market.

  16. European Academic Labor Markets in Transition

    ERIC Educational Resources Information Center

    Musselin, Christine

    2005-01-01

    Even if convergences are to be observed among the orientations adopted by higher education policies in European countries, they still are characterized by strong national features. One of the most striking national patterns of each system is its academic labor market, salaries, status, recruitment procedures, workloads, career patterns, promotion…

  17. Euro-markets offer important source of funds for US gas companies (in Rubenstein, Wolfson and Co., Inc., 230 Park Ave., New York, NY 10017)

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Barr, J.W.

    1980-01-01

    As gas takes on a greater role in the US energy supply, European investors are favoring financial agreements with those US gas companies having attractive reserve positions. Overseas financing in the Eurobond and Eurobanking markets offers an advantageous source of funds for the gas industry, providing possible reductions in borrowing costs during periods of high US financing rates. Foreign issuers can often obtain covenants and other nonmonetary terms in their agreements not available in domestic markets. Furthermore, US regulatory commissions that encourage or reward innovation may view overseas financing as an innovative proposition.

  18. Investing in European market real property through reits

    NASA Astrophysics Data System (ADS)

    Adamuscin, A.

    2010-03-01

    For institutional and private investors, investing in real estate represents an attractive form of the consignment of their money. Real estate provides a regular source of income in the form of the rent from or interest on the credit provided. At the same time, real estate is a good investment instrument, because it provides diversified contributions and security against inflation for investors. In their efforts to diversify risk, investors are expressing growing interest in investing in the whole European Union. The success of Real Estate Investment Trusts (REITs) in the U.S. also opened the door for investing in this market for small investors, which is the reason for the development of this type of investment company in the European arena. One problem concerning the development of European real estate investment funds is the unsolved issue of the harmonization of the legislation and regulatory safety measures, which would enable the creation of a common market for new investment products in Europe.

  19. European health systems and the internal market: reshaping ideology?

    PubMed

    da Costa Leite Borges, Danielle

    2011-12-01

    Departing from theories of distributive justice and their relation with the distribution of health care within society, especially egalitarianism and libertarianism, this paper aims at demonstrating that the approach taken by the European Court of Justice regarding the application of the Internal Market principles (or the market freedoms) to the field of health care services has introduced new values which are more concerned with a libertarian view of health care. Moreover, the paper also addresses the question of how these new values introduced by the Court may affect common principles of European health systems, such as equity and accessibility.

  20. Liquefied natural gas (LNG) market and Australia

    NASA Astrophysics Data System (ADS)

    Alam, Firoz; Alam, Quamrul; Reza, Suman; Khurshid-ul-Alam, S. M.; Saleque, Khondkar; Ahsan, Saifuddin

    2017-06-01

    As low carbon-emitting fossil fuel, the natural gas is mainly used for power generation and industrial applications. It is also used for heating and cooling in commercial and residential buildings as well as in transport industry. Although the natural gas reaches the end-user mainly through pipelines (if gas is available locally), the liquefied form is the most viable alternative to transport natural gas from far away location to the end user. The economic progress in Asia and other parts of the world creates huge demand for energy (oil, gas and coal). As low carbon-emitting fuel, the demand for gas especially in liquefied form is progressively rising. Having 7th largest shale gas reserve (437 trillion cubic feet recoverable), Australia has become one of the world's major natural gas producers and exporters and is expected to continue a dominating role in the world gas market in foreseeable future. This paper reviews Australia's current gas reserve, industries, markets and LNG production capabilities.

  1. U.S. Natural Gas Markets: Mid-Term Prospects for Natural Gas Supply

    EIA Publications

    2001-01-01

    This service report describes the recent behavior of natural gas markets with respect to natural gas prices, their potential future behavior, the potential future supply contribution of liquefied natural gas and increased access to federally restricted resources, and the need for improved natural gas data.

  2. Natural Gas Market Centers: A 2008 Update

    EIA Publications

    2009-01-01

    This special report looks at the current status of market centers in today's natural gas marketplace, examining their role and their importance to natural gas shippers, pipelines, and others involved in the transportation of natural gas over the North American pipeline network.

  3. Convergence of electric, gas markets prompts cross-industry mergers

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Warkentin, D.

    1997-03-01

    The upsurge in the number of mergers between electric utilities and natural gas companies over the last couple of years has largely resulted from two occurrences: the convergence of the two industries and the related concern many electric and gas companies have about becoming complete energy providers in order to vie for survival in an increasingly competitive atmosphere. According to a Prudential Securities Equity Research wrap-up report, {open_quotes}Electricity and Natural Gas: Two Deregulated Markets on a Merger Path,{close_quotes} a single market for energy has emerged, where Btus and killowatt hours are being blended together. The convergence of the electricity andmore » gas markets, the study said, is the reason for cross-industry mergers. Barry Abramson and M. Carol Coale, Prudential Securities senior energy and utilities analysts and authors of the report, said, {open_quotes}We believe that in the future, few large players will be content without a presence in both the electricity and gas markets. Hence, natural gas providers should continue to buy electric utilities, and vice versa, as deregulation advances.« less

  4. Labour migration and the single European market: a synthetic and prospective note.

    PubMed

    Ardittis, S

    1990-12-01

    "The present paper is an attempt to analyse and forecast the following major issues relating to migration in Europe after 1992: (i) the evolution and structure of intra-European flows in the forthcoming single European market; (ii) the integration, after 1992, of established immigrant communities, including ethnic minorities and second generation groups; (iii) future immigration from non-EC member states.... The article explains that, in addition to policy-related mutations inherent in the completion of the internal market, other factors (demographic changes and insufficient enrolment of national graduate students in key disciplines) and issues (emergence of atypical groups such as second generation and Eastern European migrants), are due to generate new patterns and modified interests in European labour migration after 1992." excerpt

  5. 'Children and obesity: a pan-European project examining the role of food marketing'.

    PubMed

    Matthews, Anne E

    2008-02-01

    Rising levels of obesity in school-age children across Europe are causing increasing concern. The 'Children, Obesity and associated avoidable Chronic Diseases' project sought to examine the effects of promotion within food marketing, given the influential role it plays in children's diets. A questionnaire and data-collection protocol was designed for the national co-ordinators, facilitating standardized responses. Co-ordinators collected data from within 20 European Union countries relating to food promotion to children. Results showed that unhealthy foods such as savoury snacks and confectionary were the most commonly marketed and consumed by children across all countries. Television was found to be the prime promotional medium, with in-school and internet marketing seen as growth areas. Media literacy programmes designed specifically to counterbalance the effects of food marketing to children were reported by only a few of the 20 countries. An ineffective and incoherent pattern of regulation was observed across the countries as few governments imposed tough restrictions with most preferring to persuade industry to voluntarily act with responsibly. Most health, consumer and public interest groups supported food marketing restrictions whilst industry and media groups advocated self-regulation. Recommendations include the amendment of the European Union's Television Without Frontiers Directive to ban all TV advertising of unhealthy food to children, the adoption of a commonly agreed European Union definition of an 'unhealthy' food, and the establishment of a mechanism for pan-European monitoring of the nature and extent of food marketing to children and its regulation.

  6. Competitiveness and potentials of UCG-CCS on the European energy market

    NASA Astrophysics Data System (ADS)

    Kempka, T.; Nakaten, N.; Schlüter, R.; Fernandez-Steeger, T.; Azzam, R.

    2009-04-01

    The world-wide coal reserves can satisfy the world's primary energy demand for several hundred years. However, deep coal deposits with seams of low thickness and structural complexity do currently not allow an economic exploitation of many deposits. Here, underground coal gasification (UCG) can offer an economical approach for coal extraction. The intended overall process relies on coal deposit exploitation using directed drillings located at the coal seam base and the subsequent in situ coal conversion into a synthesis gas. The resulting synthesis gas is used for electricity generation in a combined cycle plant at the surface. A reduction of the CO2 emissions resulting from the combined process is realized by subsequent CO2 capture and its injection into the previously gasified coal seams. The scope of the present study was the investigation of UCG-CCS competitiveness on the European energy market and the determination of the impacting factors. For that purpose, a modular model for calculation of UCG-CCS electricity generation costs was implemented and adapted to the most relevant process parameters. Furthermore, the range of energy supply coverage was estimated based on different German energy generation scenarios.

  7. Flexible LNG supply, storage and price formation in a global natural gas market

    NASA Astrophysics Data System (ADS)

    Hayes, Mark Hanley

    The body of work included in this dissertation explores the interaction of the growing, flexible liquefied natural gas (LNG) trade with the fundamentals of pipeline gas supply, gas storage, and gas consumption. By nature of its uses---largely for residential heating and electric power generation---the consumption of natural gas is highly variable both seasonally and on less predictable daily and weekly timescales. Flexible LNG trade will interconnect previously isolated regional gas markets, each with non-correlated variability in gas demand, differing gas storage costs, and heterogeneous institutional structures. The dissertation employs a series of analytical models to address key issues that will affect the expansion of the LNG trade and the implications for gas prices, investment and energy policy. First, I employ an optimization model to evaluate the fundamentals of seasonal LNG swing between markets with non-correlated gas demand (the U.S. and Europe). The model provides insights about the interaction of LNG trade with gas storage and price formation in interconnected regional markets. I then explore how random (stochastic) variability in gas demand will drive spot cargo movements and covariation in regional gas prices. Finally, I analyze the different institutional structures of the gas markets in the U.S. and Europe and consider how managed gas markets in Europe---without a competitive wholesale gas market---may effectively "export" supply and price volatility to countries with more competitive gas markets, such as the U.S.

  8. Role of stranded gas in increasing global gas supplies

    USGS Publications Warehouse

    Attanasi, E.D.; Freeman, P.A.

    2013-01-01

    This report synthesizes the findings of three regional studies in order to evaluate, at the global scale, the contribution that stranded gas resources can make to global natural gas supplies. Stranded gas, as defined for this study, is natural gas in discovered conventional gas and oil fields that is currently not commercially producible for either physical or economic reasons. The regional studies evaluated the cost of bringing the large volumes of undeveloped gas in stranded gas fields to selected markets. In particular, stranded gas fields of selected Atlantic Basin countries, north Africa, Russia, and central Asia are screened to determine whether the volumes are sufficient to meet Europe’s increasing demand for gas imports. Stranded gas fields in Russia, central Asia, Southeast Asia, and Australia are also screened to estimate development, production, and transport costs and corresponding gas volumes that could be supplied to Asian markets in China, India, Japan, and South Korea. The data and cost analysis presented here suggest that for the European market and the markets examined in Asia, the development of stranded gas provides a way to meet projected gas import demands for the 2020-to-2040 period. Although this is a reconnaissance-type appraisal, it is based on volumes of gas that are associated with individual identified fields. Individual field data were carefully examined. Some fields were not evaluated because current technology was insufficient or it appeared the gas was likely to be held off the export market. Most of the evaluated stranded gas can be produced and delivered to markets at costs comparable to historical prices. Moreover, the associated volumes of gas are sufficient to provide an interim supply while additional technologies are developed to unlock gas diffused in shale and hydrates or while countries transition to making a greater use of renewable energy sources.

  9. PREFACE: 1st European Conference on Gas Micro Flows (GasMems 2012)

    NASA Astrophysics Data System (ADS)

    Frijns, Arjan; Valougeorgis, Dimitris; Colin, Stéphane; Baldas, Lucien

    2012-05-01

    The aim of the 1st European Conference on Gas Micro Flows is to advance research in Europe and worldwide in the field of gas micro flows as well as to improve global fundamental knowledge and to enable technological applications. Gas flows in microsystems are of great importance and touch almost every industrial field (e.g. fluidic microactuators for active control of aerodynamic flows, vacuum generators for extracting biological samples, mass flow and temperature micro-sensors, pressure gauges, micro heat-exchangers for the cooling of electronic components or for chemical applications, and micro gas analyzers or separators). The main characteristic of gas microflows is their rarefaction, which for device design often requires modelling and simulation both by continuous and molecular approaches. In such flows various non-equilibrium transport phenomena appear, while the role played by the interaction between the gas and the solid device surfaces becomes essential. The proposed models of boundary conditions often need an empirical adjustment strongly dependent on the micro manufacturing technique. The 1st European Conference on Gas Micro Flows is organized under the umbrella of the recently established GASMEMS network (www.gasmems.eu/) consisting of 13 participants and six associate members. The main objectives of the network are to structure research and train researchers in the fields of micro gas dynamics, measurement techniques for gaseous flows in micro experimental setups, microstructure design and micro manufacturing with applications in lab and industry. The conference takes place on June 6-8 2012, at the Skiathos Palace Hotel, on the beautiful island of Skiathos, Greece. The conference has received funding from the European Community's Seventh Framework Programme FP7/2007-2013 under grant agreement ITN GASMEMS no. 215504. It owes its success to many people. We would like to acknowledge the support of all members of the Scientific Committee and of all

  10. Interdependency Assessment of Coupled Natural Gas and Power Systems in Energy Market

    NASA Astrophysics Data System (ADS)

    Yang, Hongzhao; Qiu, Jing; Zhang, Sanhua; Lai, Mingyong; Dong, Zhao Yang

    2015-12-01

    Owing to the technological development of natural gas exploration and the increasing penetration of gas-fired power generation, gas and power systems inevitably interact with each other from both physical and economic points of view. In order to effectively assess the two systems' interdependency, this paper proposes a systematic modeling framework and constructs simulation platforms for coupled gas and power systems in an energy market environment. By applying the proposed approach to the Australian national electricity market (NEM) and gas market, the impacts of six types of market and system factors are quantitatively analyzed, including power transmission limits, gas pipeline contingencies, gas pipeline flow constraints, carbon emission constraints, power load variations, and non-electric gas load variations. The important interdependency and infrastructure weakness for the two systems are well studied and identified. Our work provides a quantitative basis for grid operators and policy makers to support and guide operation and investment decisions for electric power and natural gas industries.

  11. Multi-period natural gas market modeling Applications, stochastic extensions and solution approaches

    NASA Astrophysics Data System (ADS)

    Egging, Rudolf Gerardus

    This dissertation develops deterministic and stochastic multi-period mixed complementarity problems (MCP) for the global natural gas market, as well as solution approaches for large-scale stochastic MCP. The deterministic model is unique in the combination of the level of detail of the actors in the natural gas markets and the transport options, the detailed regional and global coverage, the multi-period approach with endogenous capacity expansions for transportation and storage infrastructure, the seasonal variation in demand and the representation of market power according to Nash-Cournot theory. The model is applied to several scenarios for the natural gas market that cover the formation of a cartel by the members of the Gas Exporting Countries Forum, a low availability of unconventional gas in the United States, and cost reductions in long-distance gas transportation. 1 The results provide insights in how different regions are affected by various developments, in terms of production, consumption, traded volumes, prices and profits of market participants. The stochastic MCP is developed and applied to a global natural gas market problem with four scenarios for a time horizon until 2050 with nineteen regions and containing 78,768 variables. The scenarios vary in the possibility of a gas market cartel formation and varying depletion rates of gas reserves in the major gas importing regions. Outcomes for hedging decisions of market participants show some significant shifts in the timing and location of infrastructure investments, thereby affecting local market situations. A first application of Benders decomposition (BD) is presented to solve a large-scale stochastic MCP for the global gas market with many hundreds of first-stage capacity expansion variables and market players exerting various levels of market power. The largest problem solved successfully using BD contained 47,373 variables of which 763 first-stage variables, however using BD did not result in

  12. A stochastic equilibrium model for the North American natural gas market

    NASA Astrophysics Data System (ADS)

    Zhuang, Jifang

    This dissertation is an endeavor in the field of energy modeling for the North American natural gas market using a mixed complementarity formulation combined with the stochastic programming. The genesis of the stochastic equilibrium model presented in this dissertation is the deterministic market equilibrium model developed in [Gabriel, Kiet and Zhuang, 2005]. Based on some improvements that we made to this model, including proving new existence and uniqueness results, we present a multistage stochastic equilibrium model with uncertain demand for the deregulated North American natural gas market using the recourse method of the stochastic programming. The market participants considered by the model are pipeline operators, producers, storage operators, peak gas operators, marketers and consumers. Pipeline operators are described with regulated tariffs but also involve "congestion pricing" as a mechanism to allocate scarce pipeline capacity. Marketers are modeled as Nash-Cournot players in sales to the residential and commercial sectors but price-takers in all other aspects. Consumers are represented by demand functions in the marketers' problem. Producers, storage operators and peak gas operators are price-takers consistent with perfect competition. Also, two types of the natural gas markets are included: the long-term and spot markets. Market participants make both high-level planning decisions (first-stage decisions) in the long-term market and daily operational decisions (recourse decisions) in the spot market subject to their engineering, resource and political constraints, resource constraints as well as market constraints on both the demand and the supply side, so as to simultaneously maximize their expected profits given others' decisions. The model is shown to be an instance of a mixed complementarity problem (MiCP) under minor conditions. The MiCP formulation is derived from applying the Karush-Kuhn-Tucker optimality conditions of the optimization problems

  13. A comparative analysis of generics markets in five European countries.

    PubMed

    Garattini, L; Tediosi, F

    2000-04-01

    A generic medicine is a faithful copy of a mature drug--no longer under patent marketed with the chemical name of the active ingredient. This article analyses generics markets in five European countries: France, Germany Italy, The Netherlands and the U.K. The study investigate all the main issues--patent, approval to market, pricing and reimbursement, prescription and distribution--which affect the life cycle of a pharmaceutical product. The situation in the five countries varied widely. Because of European harmonization, patent legislation and approval procedures no longer affect much the development of generics. Only national legislation on patent protection approved before the EU directive came into force still plays a role. Approval differences seem to be due mainly to common practice, rather than to the regulations themselves. None of the countries have an efficient public information system on patent expiry. Generics have had more success in countries with more flexible pricing policies. Reimbursement has not yet been used widely to discriminate between generics and proprietary drugs. Financial incentives are based more on physicians' prescribing behaviour than on pharmacists. The freedom of pharmacy ownership and the consequent possibility of dispensing pharmaceuticals through different channels affects dramatically the structure of generics markets. A free market of wholesalers and retailers can enhance a comparative market, through horizontal and vertical integration all along the distribution chain. Such an environment has stimulate the success of unbranded generics by delegating strong purchasing power to distributors.

  14. Time-varying long term memory in the European Union stock markets

    NASA Astrophysics Data System (ADS)

    Sensoy, Ahmet; Tabak, Benjamin M.

    2015-10-01

    This paper proposes a new efficiency index to model time-varying inefficiency in stock markets. We focus on European stock markets and show that they have different degrees of time-varying efficiency. We observe that the 2008 global financial crisis has an adverse effect on almost all EU stock markets. However, the Eurozone sovereign debt crisis has a significant adverse effect only on the markets in France, Spain and Greece. For the late members, joining EU does not have a uniform effect on stock market efficiency. Our results have important implications for policy makers, investors, risk managers and academics.

  15. [Policies encouraging price competition in the generic drug market: Lessons from the European experience].

    PubMed

    Puig-Junoy, Jaume

    2010-01-01

    To describe alternative policies aimed at encouraging price competition in generic drug markets in countries with strict price regulation, and to present some case studies drawn from the European experience. Systematic literature review of articles and technical reports published after 1999. The shortcomings in consumer price competition observed in some European generic markets, including Spain, may be reduced through three types of public reimbursement or financing reforms: policies aimed at improving the design of current maximum reimbursement level policies; policies aimed at monitoring competitive prices in order to reimburse real acquisition cost to pharmacies; and, more radical and market-oriented policies such as competitive tendering of public drug purchases. The experience of recent reforms adopted in Germany, Belgium, Holland, Norway, and Sweden offers a useful guide for highly price-regulated European countries, such as Spain, currently characterized by limited consumer price competition and the high discounts offered to pharmacy purchases. Direct price regulation and/or the generic reference pricing systems used to reduce generic drug prices in many European countries can be successfully reformed by adopting measures more closely aimed at encouraging consumer price competition in generic drug markets. Copyright 2009 SESPAS. Published by Elsevier Espana. All rights reserved.

  16. The Development of the European Information Market through Education and Training--The Portuguese Experience.

    ERIC Educational Resources Information Center

    Correia, Ana Maria Ramalho; Wilson, Tom

    1993-01-01

    Describes Portugal's role in the development of a European information market. Highlights include the role of the European Economic Community, particularly the Commission of the European Communities; information management education at the University of Sheffield in Portugal; and future possibilities. (eight references) (LRW)

  17. Market uptake of orphan drugs--a European analysis.

    PubMed

    Picavet, E; Annemans, L; Cleemput, I; Cassiman, D; Simoens, S

    2012-12-01

    Variations in market uptake of an orphan drug have important implications with respect to access to care and inequality of treatment. Therefore, the aim of this study was to quantify both the sales and volume uptake of orphan drugs in Europe and to assess whether a country's gross domestic product (GDP) and/or health technology assessment (HTA) influences the orphan drugs' market uptake. We analysed the numbers of orphan drugs launched and the sales and volume uptake for 17 orphan drugs in 23 European countries from 2001 until the beginning of 2010 using the IMS Health database. Countries were clustered based on GDP and the availability of a formal HTA-organization. The uptake of orphan drugs varied across European countries. The highest volumes and contributions of orphan drugs in the first year occurred in countries with a high GDP (and implicitly, a higher budget for healthcare), independently of the existence of an HTA-organization. In contrast, in countries with a low GDP, orphan drugs were less available when there was a formal HTA-organization. There, budgetary restrictions can cause the exclusion of less cost-effective orphan drugs. We observed substantial variation in the market uptake of orphan drugs. Such variation may have important implications with respect to access to care and inequality of treatment. The uptake of orphan drugs could be promoted through the clinical added value of orphan drugs (CAVOD) project and various conditional pricing and reimbursement mechanisms. © 2012 Blackwell Publishing Ltd.

  18. An analysis of European shale gas policies: Why EU member states are pursuing divergent 'fracking' strategies

    NASA Astrophysics Data System (ADS)

    Thorne, Ben

    The recent progression in hydraulic fracturing or 'fracking' has enabled energy companies to extract once-considered, inaccessible hydrocarbons. The United States has been at the forefront of this controversial industry, revolutionizing the energy market by becoming the world's largest oil and natural gas producer as a result of its vast shale deposits. Shale oil and gas deposits are not unique to North America, however. EU member states are faced with the dilemma of whether to permit fracking domestically or suspend operations. The United Kingdom and Romania have issued concessions for exploring their reserves, while France and Bulgaria have halted all drilling efforts, citing environmental concerns. This paper evaluates why these four European countries pursued divergent fracking policies, arguing that energy security and Russian-relations are more relevant and powerful explanatory factors than a country's commitment to protecting the environment.

  19. Influences Determining European Coal Seam Gas Deliverability

    NASA Astrophysics Data System (ADS)

    Clark, G.

    2009-04-01

    Technically the coal basins of Europe have generated significant Gas In Place figures that has historically generated investor's interest in the development of this potential coal seam gas (CSG) resource. In the early 1980's, a wave of international, principally American, companies arrived, established themselves, drilled and then left with a poor record of success and disappointed investors. Recently a second wave of investment started after 2002, with the smaller companies leading the charge but have the lesson been learned from the past failures? To select a CSG investment project the common European approach has been to: 1. Find an old mining region; 2. Look to see if it had a coal mine methane gas problem; 3. Look for the non-mined coal seams; and 4. Peg the land. This method is perhaps the reason why the history of CSG exploration in Europe is such a disappointment as generally the coal mining regions of Europe do not have commercial CSG reservoir attributes. As a result, investors and governments have lost confidence that CSG will be a commercial success in Europe. New European specific principles for the determination of commercial CSG prospects have had to be delineated that allow for the selection of coal basins that have a strong technical case for deliverability. This will result in the return of investor confidence.

  20. 77 FR 50684 - Coordination Between Natural Gas and Electricity Markets; Supplemental Notice of Technical...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-08-22

    ... Between Natural Gas and Electricity Markets; Supplemental Notice of Technical Conference As announced in... between Natural Gas and Electricity Markets, Docket No. AD12-12-000 (July 5, 2012) (Notice of Technical... Natural Gas and Electricity Markets, Docket No. AD12-12-000 (July 17, 2012) (Supplemental Notice of...

  1. Thinking on Sichuan-Chongqing gas pipeline transportation system reform under market-oriented conditions

    NASA Astrophysics Data System (ADS)

    Duan, Yanzhi

    2017-01-01

    The gas pipeline networks in Sichuan and Chongqing (Sichuan-Chongqing) region have formed a fully-fledged gas pipeline transportation system in China, which supports and promotes the rapid development of gas market in Sichuan-Chongqing region. In the circumstances of further developed market-oriented economy, it is necessary to carry out further the pipeline system reform in the areas of investment/financing system, operation system and pricing system to lay a solid foundation for improving future gas production and marketing capability and adapting itself to the national gas system reform, and to achieve the objectives of multiparty participated pipeline construction, improved pipeline transportation efficiency and fair and rational pipeline transportation prices. In this article, main thinking on reform in the three areas and major deployment are addressed, and corresponding measures on developing shared pipeline economy, providing financial support to pipeline construction, setting up independent regulatory agency to enhance the industrial supervision for gas pipeline transportation, and promoting the construction of regional gas trade market are recommended.

  2. 78 FR 4400 - Eni USA Gas Marketing LLC; Application for Blanket Authorization To Export Previously Imported...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2013-01-22

    ... DEPARTMENT OF ENERGY [FE Docket No. 12-161-LNG] Eni USA Gas Marketing LLC; Application for Blanket..., by Eni USA Gas Marketing LLC (Eni USA Gas Marketing), requesting blanket authorization to export... U.S. law or policy. Eni USA Gas Marketing is requesting this authorization both on its own behalf...

  3. 77 FR 52020 - Coordination Between Natural Gas and Electricity Markets; Supplemental Notice for Mid-Atlantic...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-08-28

    ... Between Natural Gas and Electricity Markets; Supplemental Notice for Mid-Atlantic Region Technical... the conference. \\1\\ Coordination between Natural Gas and Electricity Markets, Docket No. AD12-12-000...-16997.pdf ). \\2\\ Coordination between Natural Gas and Electricity Markets, Docket No. AD12-12-000 (July...

  4. a European Global Navigation Satellite System — the German Market and Value Adding Chain Effects

    NASA Astrophysics Data System (ADS)

    Vollerthun, A.; Wieser, M.

    2002-03-01

    Since Europe is considering to establish a "market-driven" European Global Navigation Satellite System, the German Center of Aerospace initiated a market research to justify a German investment in such a European project. The market research performed included the following market segments: aviation, railway, road traffic, shipping, surveying, farming, military, space applications, leisure, and sport. In these market segments, the forementioned inputs were determined for satellite navigation hardware (receivers) as well as satellite navigation services. The forecast period was from year 2007 to 2017. For the considered period, the market amounts to a total of DM 83.0 billion (approx. US $50 billion), whereas the satellite navigation equipment market makes up DM 39.8 billion, and charges for value-added-services amount to DM 43.2 billion. On closer examination road traffic can be identified as the dominant market share, both in the receiver-market and service-market. With a share of 96% for receivers and 73% for services the significance of the road traffic segment becomes obvious. The second part of this paper investigates the effects the market potential has on the Value-Adding-Chain. Therefore, all participants in the Value-Adding-Chain are identified, using industrial cost structure models the employment effect is analyzed, and possible tax revenues for the state are examined.

  5. Handheld Multi-Gas Meters Market Survey Report

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Williams, Gustavious; Wald-Hopkins, Mark David; Obrey, Stephen J.

    2016-06-23

    Handheld multi-gas meters (MGMs) are equipped with sensors to monitor oxygen (O2) levels and additional sensors to detect the presence of combustible or toxic gases in the environment. This report is limited to operational response-type MGMs that include at least four different sensors. These sensors can vary by type and by the chemical monitored. In real time, the sensors report the concentration of monitored gases in the atmosphere near the MGM. To provide emergency responders with information on handheld multi-gas meters, the System Assessment and Validation for Emergency Responders (SAVER) Program conducted a market survey. This market survey report ismore » based on information gathered between November 2015 and February 2016 from vendors, Internet research, industry publications, an emergency responder focus group, and a government issued Request for Information (RFI) that was posted on the Federal Business Opportunities website.« less

  6. 77 FR 41184 - Coordination Between Natural Gas and Electricity Markets; Notice of Technical Conferences

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-07-12

    ... Between Natural Gas and Electricity Markets; Notice of Technical Conferences Take notice that the Federal... between Natural Gas and Electricity Markets. The regional technical conferences will be held on the... wholesale electricity markets doing business wholly within the state of Texas in ERCOT events in Texas...

  7. 78 FR 21934 - Coordination Between Natural Gas and Electricity Markets; Supplemental Notice of Technical...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2013-04-12

    ... Between Natural Gas and Electricity Markets; Supplemental Notice of Technical Conference As announced in.... Commission members may participate in the conference. \\1\\ Coordination between Natural Gas and Electricity...] TN12AP13.001 Coordination between Natural Gas and Electricity Markets Docket No. AD12-12-000 April 25, 2013...

  8. Granting marketing authorisation for medicines in South East European countries: the point of view of the authority.

    PubMed

    Tomić, Sinisa; Sucić, Anita Filipović; Martinac, Adrijana Ilić

    2010-01-01

    European legislation for medicines places the emphasis on an assessment of quality, safety and efficacy during the procedure for the granting of marketing authorisations for medicines, in order to protect patient health. The integrated European regulatory system involves the participation of a network of experts from the agencies of the member states that takes part in the European procedures for the authorisation of medicines. On the way to full membership in the EU, candidate countries and potential candidates have to transpose and implement the European directives for medicinal products; they must also strengthen their scientific and administrative capacities. Croatia acquired good experience in implementing the simplified marketing authorisation procedure for medicines authorised in the EU pursuant to the New Collaboration Agreement between Drug Regulatory Authorities in Central and East European Countries (nCADREAC), which helps it to exchange information and prepare for the implementation of European procedures. However, there are still some provisions to transpose before actual full membership, and also dossier upgrading, in which the marketing authorisation holder has to harmonise its documentation about a medicinal product with the requirements of the directives, if a product already on the market was not previously approved in line with current European legislation. Collaboration with the European Medicines Agency (EMA) through an Instrument for Pre-Accession (IPA) provides candidate countries and potential candidates the opportunity for education and training in some regulatory activities as well as the participation of their representatives as observers in some EMA committees and working groups. Some characteristics of the national regulatory frameworks of the countries of South East Europe in their efforts to achieve harmonisation with EU legislation are presented in this paper. Copyright 2010 Elsevier Inc. All rights reserved.

  9. US North Slope gas and Asian LNG markets

    USGS Publications Warehouse

    Attanasi, E.D.

    1994-01-01

    Prospects for export of liquified natural gas (LNG) from Alaska's North Slope are assessed. Projected market conditions to 2010 show that new LNG capacity beyond announced expansions will be needed to meet regional demand and that supplies will probably come from outside the region. The estimated delivered costs of likely suppliers show that Alaska North Slope gas will not be competitive. The alternative North Slope gas development strategies of transport and sale to the lower 48 states and use on the North Slope for either enhanced oil recovery or conversion to liquids are examined. The alternative options require delaying development until US gas prices increase, exhaustion of certain North Slope oil fields, or advances occur in gas to liquid fuels conversion technology. ?? 1995.

  10. 77 FR 51795 - Coordination Between Natural Gas and Electricity Markets

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-08-27

    ... and even sub-regional approaches to gas-electric coordination, in light of the different market... capacity to accommodate this growth in gas-fired generation. Approaches to addressing infrastructure... regionally-based approaches to determine whether this is demand for additional pipeline capacity and services...

  11. Teaching Media and Methods in Marketing: European and North American Universities

    ERIC Educational Resources Information Center

    Vila, Natalia; Kuster, Ines

    2009-01-01

    This article aims to examine the most widely used teaching media and methods in university education. To achieve this objective, international research has been carried out among 135 marketing teachers from North American and European universities. The study shows that North American teachers use more traditional media and participatory methods…

  12. Regulating medicines in Europe: the European Medicines Agency, marketing authorisation, transparency and pharmacovigilance.

    PubMed

    Permanand, Govin; Mossialos, Elias; McKee, Martin

    2006-01-01

    Following a review process lasting almost four years, and culminating in several pieces of new European legislation, adjustments have been made to the European Union's (EU) regulatory framework for pharmaceuticals. The European Commission laid out its priorities for the review as: simplifying the authorisation system, ensuring a high quality of public health, completing the internal market in medicines, and preparing for the enlargement of the Union. Amongst the most important changes brought about by the new rules are those relating to the European drug approval procedures, the functions and operational transparency of the European Medicines Agency (EMEA), and the EU's pharmacovigilance system. This article provides a brief examination of key elements of these changes, and considers the extent to which they serve the goal of improved public health protection within the EU.

  13. MEMS device for mass market gas and chemical sensors

    NASA Astrophysics Data System (ADS)

    Kinkade, Brian R.; Daly, James T.; Johnson, Edward A.

    2000-08-01

    Gas and chemical sensors are used in many applications. Industrial health and safety monitors allow companies to meet OSHA requirements by detecting harmful levels of toxic or combustible gases. Vehicle emissions are tested during annual inspections. Blood alcohol breathalizers are used by law enforcement. Refrigerant leak detection ensures that the Earth's ozone layer is not being compromised. Industrial combustion emissions are also monitored to minimize pollution. Heating and ventilation systems watch for high levels of carbon dioxide (CO2) to trigger an increase in fresh air exchange. Carbon monoxide detectors are used in homes to prevent poisoning from poor combustion ventilation. Anesthesia gases are monitored during a patients operation. The current economic reality is that two groups of gas sensor technologies are competing in two distinct existing market segments - affordable (less reliable) chemical reaction sensors for consumer markets and reliable (expensive) infrared (IR) spectroscopic sensors for industrial, laboratory, and medical instrumentation markets. Presently high volume mass-market applications are limited to CO detectros and on-board automotive emissions sensors. Due to reliability problems with electrochemical sensor-based CO detectors there is a hesitancy to apply these sensors in other high volume applications. Applications such as: natural gas leak detection, non-invasive blood glucose monitoring, home indoor air quality, personal/portable air quality monitors, home fire/burnt cooking detector, and home food spoilage detectors need a sensor that is a small, efficient, accurate, sensitive, reliable, and inexpensive. Connecting an array of these next generation gas sensors to wireless networks that are starting to proliferate today creates many other applications. Asthmatics could preview the air quality of their destinations as they venture out into the day. HVAC systems could determine if fresh air intake was actually better than the air

  14. Exposure to Online Alcohol Marketing and Adolescents' Drinking: A Cross-sectional Study in Four European Countries.

    PubMed

    de Bruijn, Avalon; Engels, Rutger; Anderson, Peter; Bujalski, Michal; Gosselt, Jordy; Schreckenberg, Dirk; Wohtge, Jördis; de Leeuw, Rebecca

    2016-09-01

    The Internet is the leading medium among European adolescents in contemporary times; even more time is spent on the Internet than watching television. This study investigates associations between online alcohol marketing exposure and onset of drinking and binge drinking among adolescents in four European countries. A total of 9038 students with a mean age of 14.05 (SD 0.82) participated in a school-based survey in Germany, Italy, the Netherlands and Poland. Logistic regression analyses of cross-sectional cross-country survey data were undertaken. Exposure to online alcohol marketing, televised alcohol advertising and ownership of alcohol-branded items was estimated to be controlled for relevant confounders. Onset of drinking and binge drinking in the past 30 days were included in the study as outcome variables. Adjusted for relevant confounders, higher exposure to (online) alcohol marketing exposure was found to be related to the odds of starting to drink (p < 0.001) and the odds of binge drinking in the past 30 days (p < 0.001). This effect was found to be consistent in all four countries. Active engagement with online alcohol marketing was found to interact more strongly with drinking outcomes than passive exposure to online alcohol marketing. Youngsters in the four European countries report frequent exposure to online alcohol marketing. The association between this exposure and adolescents' drinking was robust and seems consistent across national contexts. © The Author 2016. Medical Council on Alcohol and Oxford University Press. All rights reserved.

  15. Microeconomics of the ideal gas like market models

    NASA Astrophysics Data System (ADS)

    Chakrabarti, Anindya S.; Chakrabarti, Bikas K.

    2009-10-01

    We develop a framework based on microeconomic theory from which the ideal gas like market models can be addressed. A kinetic exchange model based on that framework is proposed and its distributional features have been studied by considering its moments. Next, we derive the moments of the CC model (Eur. Phys. J. B 17 (2000) 167) as well. Some precise solutions are obtained which conform with the solutions obtained earlier. Finally, an output market is introduced with global price determination in the model with some necessary modifications.

  16. 78 FR 8511 - Coordination between Natural Gas and Electricity Markets; Supplemental Notice of Technical...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2013-02-06

    ... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. AD12-12-000] Coordination between Natural Gas and Electricity Markets; Supplemental Notice of Technical Conference As announced in... the conference. \\1\\ Coordination between Natural Gas and Electricity Markets, Docket No. AD12-12-000...

  17. 78 FR 15719 - Coordination Between Natural Gas and Electricity Markets; Notice of Technical Conference

    Federal Register 2010, 2011, 2012, 2013, 2014

    2013-03-12

    ... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [ Docket No. AD12-12-000] Coordination Between Natural Gas and Electricity Markets; Notice of Technical Conference Take notice that the Federal... utilization of pipeline capacity. \\1\\ Coordination between Natural Gas and Electricity Markets, 141 FERC ] 61...

  18. The stoma appliances market in five European countries: a comparative analysis.

    PubMed

    Cornago, Dante; Garattini, Livio

    2002-01-01

    This comparative exercise analysed the domestic market for stoma appliances in five European countries--Denmark, France, Germany, Italy and the United Kingdom. National legislation, prescription procedures, delivery modalities and the market were investigated in each country. The analysis involved reviewing national and international literature on stoma appliances and interviewing a selected expert panel of market operators in each country comprising at least one health authority representative, one distributor of medical devices and one manufacturer. No specific relationship was found between the health care system framework and the stoma market, except for a greater inclination towards home care in national health services. All five countries reimburse stoma bags, but the distribution of these appliances varies widely, ranging from Denmark, where home delivery is mandatory, to Italy, where any channel can be used. The comparative analysis underlined two important features of the stoma bag market: the discretion of enterostomists in directing patients towards a specific brand of bags, and the patients' high brand loyalty. Despite that, the analysis did not identify any single country that could be considered a benchmark for stoma bag regulation. Each country deals with stoma appliances in different ways, making this a very fragmented market.

  19. MARKETING OF BYPRODUCT GYPSUM FROM FLUE GAS DESULFURIZATION

    EPA Science Inventory

    The report gives results of an evaluation of the 1985 marketing potential of byproduct gypsum from utility flue gas desulfurization (FGD), for the area east of the Rocky Mountains, using the calculated gypsum production rates of 14 selected power plants. The 114 cement plants and...

  20. 78 FR 28583 - Coordination Between Natural Gas and Electricity Markets; Notice of Commission Meeting

    Federal Register 2010, 2011, 2012, 2013, 2014

    2013-05-15

    ... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. AD12-12-000] Coordination Between Natural Gas and Electricity Markets; Notice of Commission Meeting Take notice that, pursuant to...\\ Coordination between Natural Gas and Electricity Markets, 141 FERC ] 61,125, at P 11 (2012) (November 15 Order...

  1. 77 FR 43280 - Coordination Between Natural Gas and Electricity Markets; Supplemental Notice of Technical...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-07-24

    ... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [ Docket No. AD12-12-000] Coordination Between Natural Gas and Electricity Markets; Supplemental Notice of Technical Conferences On July 5, 2012... between Natural Gas and Electricity Markets, Docket No. AD12-12-000 (July 5, 2012) (Notice of Technical...

  2. 77 FR 45600 - Coordination Between Natural Gas and Electricity Markets; Supplemental Notice of Technical...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-08-01

    ... Between Natural Gas and Electricity Markets; Supplemental Notice of Technical Conference As announced in... Electricity Markets, Docket No. AD12-12-000 (July 5, 2012) (Notice of Technical Conferences) ( http://elibrary.../fdsys/pkg/FR-2012-07-12/pdf/2012-16997.pdf ). \\2\\ Coordination between Natural Gas and Electricity...

  3. European Medicines Agency Perspective on Oncology Study Design for Marketing Authorization and Beyond.

    PubMed

    Jonsson, B; Martinalbo, J; Pignatti, F

    2017-05-01

    In the development of highly active anticancer drugs, the European situation may be viewed as paradoxical. Limited data may support marketing authorization, but may be insufficient for the health economic appraisal needed for reimbursement and market uptake. To achieve this, conventional confirmatory studies may be needed. For products of special interest, studies aimed at optimizing cost-effectiveness may be warranted. Efficient designs of studies to meet these objectives constitute challenges to all stakeholders. © 2017 ASCPT.

  4. Marketing BTUs: Gas, electricity lead oil in innovation

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Krapels, E.N.

    The transformation in relations between energy providers and users--powered by reform of electric utilities and by continuation of natural gas deregulation--is challenging several fundamental precepts of how oil companies managed their deregulation. In the wake of the price decontrol completed by the Reagan administration in 1981, oil companies (1) retreated from national business structures, (2) focused on limited range core businesses, and (3) provided minimal oil price risk management services for their customers. By contrast, the electric and natural gas industry is consolidating for the purpose of playing a role in ever-larger markets, diversifying its products and services, and providingmore » innovative hedging instruments to itself as well as its customers. From Enron, one can purchase physical and paper energy, delivered in whatever form desired, nationwide and internationally, with or without mechanisms to manage price risk. What will impede the newly integrated energy companies--which are composite electric plus natural gas firms--from also delivering products and services now rendered by the oil companies? Could utilities organize gasoline consumers better than oil companies? If the Price Club can sell gasoline at 10 cents below market, why can`t the new energy companies do so? The paper discusses what consumers want, procurement and costs, and innovations and lessons.« less

  5. European Union energy policy integration: A case of European Commission policy entrepreneurship and increasing supranationalism.

    PubMed

    Maltby, Tomas

    2013-04-01

    Focusing on gas, this article explores the role of the European Commission in the process of European Union energy security policy development, and the extent to which the policy area is becoming increasingly supranational. Situating the article within the literature on agenda-setting and framing, it is argued that a policy window was opened as a result of: enlargement to include more energy import dependent states, a trend of increasing energy imports and prices, and gas supply disruptions. From the mid-2000s, the Commission contributed to a shift in political norms, successfully framing import dependency as a problem requiring an EU-level solution, based on the institution's pre-existing preferences for a diversified energy supply and internal energy market. Whilst Member States retain significant sovereignty, the Commission has achieved since 2006 creeping competencies in the internal, and to a lesser extent external, dimensions of EU energy policy.

  6. European Union energy policy integration: A case of European Commission policy entrepreneurship and increasing supranationalism

    PubMed Central

    Maltby, Tomas

    2013-01-01

    Focusing on gas, this article explores the role of the European Commission in the process of European Union energy security policy development, and the extent to which the policy area is becoming increasingly supranational. Situating the article within the literature on agenda-setting and framing, it is argued that a policy window was opened as a result of: enlargement to include more energy import dependent states, a trend of increasing energy imports and prices, and gas supply disruptions. From the mid-2000s, the Commission contributed to a shift in political norms, successfully framing import dependency as a problem requiring an EU-level solution, based on the institution’s pre-existing preferences for a diversified energy supply and internal energy market. Whilst Member States retain significant sovereignty, the Commission has achieved since 2006 creeping competencies in the internal, and to a lesser extent external, dimensions of EU energy policy. PMID:24926115

  7. U.S. Natural Gas Markets: Recent Trends and Prospects for the Future

    EIA Publications

    2001-01-01

    The purpose of this study is to examine recent trends and prospects for the future of the U.S. natural gas market. Natural gas prices rose dramatically in 2000 and remained high through the first part of 2001, raising concerns about the future of natural gas prices and potential for natural gas to fuel the growth of the U.S. economy.

  8. European opportunities for fuel cell commercialisation

    NASA Astrophysics Data System (ADS)

    Gibbs, C. E.; Steel, M. C. F.

    1992-01-01

    developing European sub-systems, others have chosen to develop their own novel cell technology. This paper will survey the extent of the fuel cell activities in Europe and emphasise the particular markets which fuel cell manufacturers are targeting. Demand for fuel cells in defence and military applications will be the first sector to be commercially viable — European companies such as Siemens, Elenco and VSEL are already marketing AFC or PEM systems for naval and aerospace applications. The small-scale CHP sector is also a likely early market for fuel cell plant. Co-generation fuel cells are of great interest to gas companies like ENAGAS and British Gas looking to promote sales of gas by installing on-site gas-fired generators on their customers' premises. The market for utility scale fuel cell plants is expected to develop later in the decade. The largest demonstration planned for Europe is the 1 MW PAFC for Milan, due to come onstream in 1992. MBB GmbH is considering developing MW-scale MCFC plants with the US company ERC — a 2 MW demonstration is planned for the end of 1993. The potential market for utility fuel cells is large — installation rates could reach 500-1000 MW/year by the turn of the century. Fuel cells will probably not achieve significant use in transport applications in Europe until after the turn of the century unless very stringent emissions legislation for vehicles is introduced. The likely early markets for fuel cells in the transport sector seem to be for delivery and fleet vehicles. Examples of European projects in this area include the Amsterdam city bus project which will use Elenco's AFC technology and Siemens' fork lift truck which will incorporate a PEM fuel cell. Fuel cells also link conveniently with renewable energy systems — coupled with an electrolyser a fuel cell can store solar, wind or wave power. The electrolysis proces is used to generate hydrogen from water at times of surplus energy while the fuel cell consumes hydrogen fuel

  9. Interdependence between Greece and other European stock markets: A comparison of wavelet and VMD copula, and the portfolio implications

    NASA Astrophysics Data System (ADS)

    Shahzad, Syed Jawad Hussain; Kumar, Ronald Ravinesh; Ali, Sajid; Ameer, Saba

    2016-09-01

    The interdependence of Greece and other European stock markets and the subsequent portfolio implications are examined in wavelet and variational mode decomposition domain. In applying the decomposition techniques, we analyze the structural properties of data and distinguish between short and long term dynamics of stock market returns. First, the GARCH-type models are fitted to obtain the standardized residuals. Next, different copula functions are evaluated, and based on the conventional information criteria and time varying parameter, Joe-Clayton copula is chosen to model the tail dependence between the stock markets. The short-run lower tail dependence time paths show a sudden increase in comovement during the global financial crises. The results of the long-run dependence suggest that European stock markets have higher interdependence with Greece stock market. Individual country's Value at Risk (VaR) separates the countries into two distinct groups. Finally, the two-asset portfolio VaR measures provide potential markets for Greece stock market investment diversification.

  10. 18 CFR 1c.1 - Prohibition of natural gas market manipulation.

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ... 18 Conservation of Power and Water Resources 1 2014-04-01 2014-04-01 false Prohibition of natural gas market manipulation. 1c.1 Section 1c.1 Conservation of Power and Water Resources FEDERAL ENERGY REGULATORY COMMISSION, DEPARTMENT OF ENERGY GENERAL RULES PROHIBITION OF ENERGY MARKET MANIPULATION § 1c.1...

  11. 18 CFR 1c.1 - Prohibition of natural gas market manipulation.

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ... 18 Conservation of Power and Water Resources 1 2013-04-01 2013-04-01 false Prohibition of natural gas market manipulation. 1c.1 Section 1c.1 Conservation of Power and Water Resources FEDERAL ENERGY REGULATORY COMMISSION, DEPARTMENT OF ENERGY GENERAL RULES PROHIBITION OF ENERGY MARKET MANIPULATION § 1c.1...

  12. 18 CFR 1c.1 - Prohibition of natural gas market manipulation.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ... 18 Conservation of Power and Water Resources 1 2010-04-01 2010-04-01 false Prohibition of natural gas market manipulation. 1c.1 Section 1c.1 Conservation of Power and Water Resources FEDERAL ENERGY REGULATORY COMMISSION, DEPARTMENT OF ENERGY GENERAL RULES PROHIBITION OF ENERGY MARKET MANIPULATION § 1c.1...

  13. 18 CFR 1c.1 - Prohibition of natural gas market manipulation.

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ... 18 Conservation of Power and Water Resources 1 2012-04-01 2012-04-01 false Prohibition of natural gas market manipulation. 1c.1 Section 1c.1 Conservation of Power and Water Resources FEDERAL ENERGY REGULATORY COMMISSION, DEPARTMENT OF ENERGY GENERAL RULES PROHIBITION OF ENERGY MARKET MANIPULATION § 1c.1...

  14. Carbon markets proliferating despite difficulties, report notes

    NASA Astrophysics Data System (ADS)

    Showstack, Randy

    2013-06-01

    Although some existing carbon markets are facing structural issues and economic difficulties in Europe have put a damper on the European Union emissions trading system, new carbon pricing initiatives are developing rapidly, and these initiatives could help slow down greenhouse gas emissions, according to a 29 May report from the World Bank.

  15. Oil and gas markets, companies, and technology in the 1990`s and beyond

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Kennedy, J.L.

    1995-08-01

    During the late 1990`s and beyond, oil prices will be stagnant while costs increase, competition for markets and capital will be fierce, funds available for exploration and development will be limited, and environmental extremists will keep prospective areas off-limits. Higher taxes will limit growth in oil and gas demand and reapportion energy market shares. And a campaign to brand oil use as an ``addiction`` that must be cured will gather steam. But opportunities abound, too, even in the US High-quality properties are available throughout the US, independents can find and develop reserves cheaper than the majors, and new tools aremore » available to reduce risks both in the field and in the market. Gas prices are firming and natural gas is often labeled the ``fuel of the future.`` To succeed in the petroleum industry of the 1990`s, all companies must accept change, be creative, and take initiative. To prosper, oil and gas producers and refiners and those who supply and serve the industry must face the new realities of the market. They cannot mark time until the return of 4,000 active rigs and $40/bbl oil. those days are never coming back. Never.« less

  16. 18 CFR 1c.1 - Prohibition of natural gas market manipulation.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ... 18 Conservation of Power and Water Resources 1 2011-04-01 2011-04-01 false Prohibition of natural... Prohibition of natural gas market manipulation. (a) It shall be unlawful for any entity, directly or indirectly, in connection with the purchase or sale of natural gas or the purchase or sale of transportation...

  17. Post-marketing surveillance and vigilance for medical devices: the European approach.

    PubMed

    Randall, H

    2001-01-01

    The extent to which the medical device manufacturers are responsible for actively monitoring the performance of their products after they have successfully passed the rigorous pre-market approval process has always been a matter of diverse opinion. Within Europe, the law is unhelpfully vague on this point. While there are some comparatively clear obligations for reporting incidents to the authorities (known as the 'vigilance system'), little detail is given on how diligently the manufacturer should try to find out about such incidents. In the early stages of the European Community Directives covering medical devices, there was much emphasis upon formulating guidance to help interpret the vigilance reporting requirements. It is, however, only recently that attention has turned to attempting to clarify what is expected from post-marketing surveillance (PMS) in its broader sense. This article discuses both the vigilance and PMS processes and outlines the currently available European, and particularly UK, guidance documents which are aimed at promoting a more level playing field across industry where these activities are concerned. In particular, it explains the principle differences between vigilance and post-marketing surveillance: the former being the reporting of adverse incidents by manufacturers to the regulatory authorities and their subsequent sharing of key incident data between each other; the latter being the process by which information on overall devise performance is captured, analysed and acted upon. Nevertheless, it is still a struggle to gain widespread appreciation that these two activities are not in fact one and the same.

  18. 77 FR 69781 - Enhanced Natural Gas Market Transparency

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-11-21

    ... be filed in native applications or print-to-PDF format and not in a scanned format, at http://www.... FERC, 661 F.3d 258 (5th Cir. 2011). \\17\\ Order Granting Motion to Clarify Opinion, Texas Pipelines Ass'n v. FERC, 661 F.3d 258 (Dec. 20. 2011). 8. In addition to adding the natural gas market...

  19. Competencies for Young European Higher Education Graduates: Labor Market Mismatches and Their Payoffs

    ERIC Educational Resources Information Center

    Garcia-Aracil, Adela; Van der Velden, Rolf

    2008-01-01

    Labor market rewards based on competencies are analyzed using a sample of young European higher education (HE) graduates. Estimates of monetary rewards are obtained from conventional earnings regressions, while estimates total rewards are based on job satisfaction and derived through ordered probit regressions. Results for income show that jobs…

  20. Statistical regularities of Carbon emission trading market: Evidence from European Union allowances

    NASA Astrophysics Data System (ADS)

    Zheng, Zeyu; Xiao, Rui; Shi, Haibo; Li, Guihong; Zhou, Xiaofeng

    2015-05-01

    As an emerging financial market, the trading value of carbon emission trading market has definitely increased. In recent years, the carbon emission allowances have already become a way of investment. They are bought and sold not only by carbon emitters but also by investors. In this paper, we analyzed the price fluctuations of the European Union allowances (EUA) futures in European Climate Exchange (ECX) market from 2007 to 2011. The symmetric and power-law probability density function of return time series was displayed. We found that there are only short-range correlations in price changes (return), while long-range correlations in the absolute of price changes (volatility). Further, detrended fluctuation analysis (DFA) approach was applied with focus on long-range autocorrelations and Hurst exponent. We observed long-range power-law autocorrelations in the volatility that quantify risk, and found that they decay much more slowly than the autocorrelation of return time series. Our analysis also showed that the significant cross correlations exist between return time series of EUA and many other returns. These cross correlations exist in a wide range of fields, including stock markets, energy concerned commodities futures, and financial futures. The significant cross-correlations between energy concerned futures and EUA indicate the physical relationship between carbon emission and energy production process. Additionally, the cross-correlations between financial futures and EUA indicate that the speculation behavior may become an important factor that can affect the price of EUA. Finally we modeled the long-range volatility time series of EUA with a particular version of the GARCH process, and the result also suggests long-range volatility autocorrelations.

  1. 77 FR 74180 - Coordination Between Natural Gas and Electricity Markets; Notice of Request for Comments and...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-12-13

    ... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. AD12-12-000] Coordination Between Natural Gas and Electricity Markets; Notice of Request for Comments and Technical Conference Take... communications and information sharing: \\1\\ Coordination Between Natural Gas and Electricity Markets, 141 FERC...

  2. European Energy Policy and Its Effects on Gas Security

    NASA Astrophysics Data System (ADS)

    Radu, Victorita Stefana Anda

    The goal of this study is to examine the effects of the energy policies of the European Union (EU) on its gas security in the period 2006 to 2016. While energy security is often given a broad meaning, this paper focuses on its external dimension: the EU?s relations with external gas suppliers. It is grounded on four pillars drawing from the compounded institutionalist and liberal theoretical frameworks: regulatory state, rational-choice, external governance, and regime effectiveness. The research question was investigated through a qualitative methodology with two main components: a legislative analysis and four case studies representing the main gas supply options--Russia, North African exporting countries, Norway, and liquefied natural gas (LNG). They highlighted that the EU framed the need for gas security mainly in the context of political risks associated with Russian gas supply, but it almost never took into account other equally important risks. Moreover, the research revealed two main issues. First, that the deeper and the more numerous EU?s energy policies were, the bigger was the magnitude of the effect. Specifically, competitiveness and infrastructure policies had the largest magnitude, while the sustainability and security of supply policies had the smallest effect. Second, EU energy policies only partially diminished the economic and political risks in relation to foreign gas suppliers. To conclude, to a certain extent the EU?s efforts made a positive contribution to the external dimension of the EU?s gas security, but the distinguishing trait remains that there is no consistency in terms of the magnitude of the effect and its nature.

  3. The European post-marketing observational sertindole study: an investigation of the safety of antipsychotic drug treatment.

    PubMed

    Kasper, Siegfried; Möller, Hans-Jürgen; Hale, Anthony

    2010-02-01

    The objective of the European Post-marketing Observational Serdolect((R)) (EPOS) Study was to compare the safety of treatment with Serdolect (sertindole) with that of usual treatment in patients with schizophrenia, in normal European clinical practice. The EPOS was a multicentre, multinational, referenced, cohort study. Patients were enrolled at 226 centres in ten European countries. The study was prematurely terminated in 1998 as a result of the temporary market suspension of sertindole. Termination of the study reduced the number of patients recruited from the planned 12,000 to 2,321. While the power of the study was weakened, it did provide useful mortality information, which may be useful for future long-term studies. Crude mortality in the sertindole and non-sertindole groups was 1.45 (95% confidence interval, CI 0.53-3.16) and 1.50 (CI 0.72-2.76) deaths/100 patient-years exposed, respectively. There were no more cardiac deaths in the sertindole group than in the non-sertindole group. QT interval prolongation did not translate into an increased risk of death. Sertindole was well tolerated and caused few extrapyramidal symptoms. Although CIs remained large, this post-marketing study does not provide any evidence against the use of sertindole under normal conditions. Sertindole was well tolerated and posed no significant safety problems.

  4. Russian Oil and Natural Gas: Strategic Culture and Security Implications of European Dependence

    DTIC Science & Technology

    2007-12-01

    Russia receives from consumption of oil and natural gas exports to Europe on their Gross National Product and economic growth for the future. By...Gross National Product and economic growth for the future. By understanding Russia’s strategic culture and the interdependence of European demand and...EXPORTS ...............66 1. Oil and Natural Gas Reserves and Production ..68 2. Exports to Europe ............................71 3. Revenues

  5. 77 FR 50100 - Coordination Between Natural Gas and Electricity Markets; Supplemental Notice of Technical...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-08-20

    ... Between Natural Gas and Electricity Markets; Supplemental Notice of Technical Conference As announced in... Electricity Markets, Docket No. AD12-12-000 (July 5, 2012) (Notice of Technical Conferences) ( http://elibrary... Electricity Markets, Docket No. AD12-12-000 (July 17, 2012) (Supplemental Notice of Technical Conferences...

  6. Effect of Increased Natural Gas Exports on Domestic Energy Markets

    EIA Publications

    2012-01-01

    This report responds to an August 2011 request from the Department of Energy's Office of Fossil Energy (DOE\\/FE) for an analysis of "the impact of increased domestic natural gas demand, as exports." Appendix A provides a copy of the DOE\\/FE request letter. Specifically, DOE\\/FE asked the U.S. Energy Information Administration (EIA) to assess how specified scenarios of increased natural gas exports could affect domestic energy markets, focusing on consumption, production, and prices.

  7. Natural Gas Marketer Prices and Sales To Residential and Commercial Customers: 2002-2005

    EIA Publications

    2007-01-01

    This report compares residential and commercial prices collected from natural gas marketers and local distribution companies in Maryland, New York, Ohio and Pennsylvania from 2002-2005 and gives the history and status of natural gas choice programs in those states.

  8. System architecture and market aspects of an European Land Mobile Satellite System via EMS

    NASA Astrophysics Data System (ADS)

    Ananasso, F.; Mistretta, I.

    1992-03-01

    The paper describes an implementation scenario of a Land Mobile Satellite System via the EMS (European Mobile System) payload embarked on Italsat F-2. Some emphasis is given on market issues aiming at singling out business niches of Land Mobile Satellite Services (LMSS) in Europe. Other crucial issues exist such as: the alternate/competitive systems, the problems of interworking with other existing and/or planned systems, the definition of network architecture that better fits the user requirements, the marketing strategy and, last but not least, the financial evaluation of the project. The paper, on the basis of a study performed by Telespazio on behalf of ESA, discusses some of these issues with emphasis on competitive market aspects.

  9. Market-driven emissions from recovery of carbon dioxide gas.

    PubMed

    Supekar, Sarang D; Skerlos, Steven J

    2014-12-16

    This article uses a market-based allocation method in a consequential life cycle assessment (LCA) framework to estimate the environmental emissions created by recovering carbon dioxide (CO2). We find that 1 ton of CO2 recovered as a coproduct of chemicals manufacturing leads to additional greenhouse gas emissions of 147-210 kg CO2 eq , while consuming 160-248 kWh of electricity, 254-480 MJ of heat, and 1836-4027 kg of water. The ranges depend on the initial and final purity of the CO2, particularly because higher purity grades require additional processing steps such as distillation, as well as higher temperature and flow rate of regeneration as needed for activated carbon treatment and desiccant beds. Higher purity also reduces process efficiency due to increased yield losses from regeneration gas and distillation reflux. Mass- and revenue-based allocation methods used in attributional LCA estimate that recovering CO2 leads to 19 and 11 times the global warming impact estimated from a market-based allocation used in consequential LCA.

  10. Market efficiency in foreign exchange markets

    NASA Astrophysics Data System (ADS)

    Oh, Gabjin; Kim, Seunghwan; Eom, Cheoljun

    2007-08-01

    We investigate the relative market efficiency in financial market data, using the approximate entropy(ApEn) method for a quantification of randomness in time series. We used the global foreign exchange market indices for 17 countries during two periods from 1984 to 1998 and from 1999 to 2004 in order to study the efficiency of various foreign exchange markets around the market crisis. We found that on average, the ApEn values for European and North American foreign exchange markets are larger than those for African and Asian ones except Japan. We also found that the ApEn for Asian markets increased significantly after the Asian currency crisis. Our results suggest that the markets with a larger liquidity such as European and North American foreign exchange markets have a higher market efficiency than those with a smaller liquidity such as the African and Asian markets except Japan.

  11. 77 FR 35669 - AltaGas Renewable Energy Colorado LLC; Supplemental Notice That Initial Market-Based Rate Filing...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-06-14

    ... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. ER12-1875-000] AltaGas Renewable Energy Colorado LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes Request... of AltaGas Renewable Energy Colorado LLC application for market-based rate authority, with an...

  12. [Marketing of medicinal products in the European Community. The Mutual Recognition and Decentralised Procedures].

    PubMed

    Bachmann, Peter

    2008-07-01

    The Mutual Recognition Procedure (MRP) and the Decentralised Procedure (DCP), which were first established in late 2005, can be regarded as the backbone for marketing authorisation of medicinal products in the European Community (EC) and the European Economic Area (EEA). Both procedures are compared and advantages and disadvantages are discussed. However, the focus is more related to current developments than the detailed comparison of both procedures. The role of the Coordination Group for Mutual Recognition and Decentralised Procedures-Human (CMD(h)) and the decision making process in relation to the MRP and DCP is also discussed.

  13. The Impact of New Execution Venues on European Equity Markets' Liquidity - The Case of Chi-X

    NASA Astrophysics Data System (ADS)

    Chlistalla, Michael; Lutat, Marco

    With the Markets in Financial Instruments Directive in effect since November 2007, new trading venues have emerged in European equities trading, among them Chi-X. This paper analyzes the impact of this new market entrant on the home market as well as on consolidated liquidity of French blue chip equities, newly tradable on Chi-X. Our findings suggest that owing to this new competition the home market’s liquidity has enhanced. This is apparently due to the battle for order flow which results in narrower spreads and increased market depth. These results imply that overall liquidity in a virtually consolidated order book is in the French case higher than without the new competitor.

  14. Entomopathogenic nematodes in the European biocontrol market.

    PubMed

    Ehlers, R U

    2003-01-01

    In Europe total revenues in the biocontrol market have reached approximately 200 million Euros. The sector with the highest turn-over is the market for beneficial invertebrates with a 55% share, followed by microbial agents with approximately 25%. Annual growth rates of up to 20% have been estimated. Besides microbial plant protection products that are currently in the process of re-registration, several microbial products have been registered or are in the process of registration, following the EU directive 91/414. Entomopathogenic nematodes (EPN) are exceptionally safe biocontrol agents. Until today, they are exempted from registration in most European countries, the reason why SMEs were able to offer economically reasonable nematode-based products. The development of technology for mass production in liquid media significantly reduced the product costs and accelerated the introduction of nematode products in tree nurseries, ornamentals, strawberries, mushrooms, citrus and turf. Progress in storage and formulation technology has resulted in high quality products which are more resistant to environmental extremes occurring during transportation to the user. The cooperation between science, industry and extension within the EU COST Action 819 has supported the development of quality control methods. Today four companies produce EPN in liquid culture, offering 8 different nematode species. Problems with soil insects are increasing. Grubs, like Melolontha melolontha and other scarabaeidae cause damage in orchards and turf. Since the introduction of the Western Corn Rootworm Diabrotica virgifera into Serbia in 1992, this pests as spread all over the Balkan Region and has reached Italy, France and Austria. These soil insect pests are potential targets for EPN. The development of insecticide resistance has opened another sector for EPN. Novel adjuvants used to improve formulation of EPN have enabled the foliar application against Western Flower Thrips and Plutella

  15. Prospective Trends in the Socio-Economic Context of Education in European Market Economy Countries.

    ERIC Educational Resources Information Center

    Weiss, M.; And Others

    The purpose of this study was to project and analyze the prospective long-term trends in the socioeconomic context of the educational systems of European market economies and to outline in global terms the probable implication for education and training in the future. Composed of three chapters, the chapter 1 focuses on projected long-term…

  16. Does the market share of generic medicines influence the price level?: a European analysis.

    PubMed

    Dylst, Pieter; Simoens, Steven

    2011-10-01

    After the expiry of patents for originator medicines, generic medicines can enter the market, and price competition may occur. This process generates savings to the healthcare payer and to patients, but knowledge about the factors affecting price competition in the pharmaceutical market following patent expiry is still limited. This study aimed to investigate the relationship between the market share of generic medicines and the change of the medicine price level in European off-patent markets. Data on medicine volumes and values for 35 active substances were purchased from IMS Health. Ex-manufacturer prices were used, and the analysis was limited to medicines in immediate-release, oral, solid dosage forms. Countries included were Austria, Belgium, Denmark, Germany, France, Italy, the Netherlands, Spain, Sweden and the UK, which constitute a mix of countries with low and high generic medicines market shares. Data were available from June 2002 until March 2007. Market volume has risen in both high and low generic market share countries (+29.27% and +27.40%, respectively), but the cause of the rise is different for the two markets. In low generic market share countries, the rise was caused by the increased use of generic medicines, while in high market share countries, the rise was driven by the increased use of generic medicines and a shift of use from originator to generic medicines. Market value was substantially decreased in high generic market share countries (-26.6%), while the decrease in low generic market share countries was limited (-0.06%). In high generic market share countries, medicine prices dropped by -43.18% versus -21.56% in low market share countries. The extent to which price competition from generic medicines leads to price reductions appears to vary according to the market share of generic medicines. High generic market share countries have seen a larger decrease in medicine prices than low market share countries.

  17. The European Mobile System (EMS)

    NASA Technical Reports Server (NTRS)

    Jongejans, A.; Rogard, R.; Mistretta, I.; Ananasso, F.

    1993-01-01

    The European Space Agency is presently procuring an L band payload in order to promote a regional European L band system coping with the specific needs of the European market. The payload, and the two communications systems to be supported, are described below. The potential market for EMS in Europe is discussed.

  18. Towards European organisation for integrated greenhouse gas observation system

    NASA Astrophysics Data System (ADS)

    Kaukolehto, Marjut; Vesala, Timo; Sorvari, Sanna; Juurola, Eija; Paris, Jean-Daniel

    2013-04-01

    Climate change is one the most challenging problems that humanity will have to cope with in the coming decades. The perturbed global biogeochemical cycles of the greenhouse gases (carbon dioxide, methane and nitrous oxide) are a major driving force of current and future climate change. Deeper understanding of the driving forces of climate change requires full quantification of the greenhouse gas emissions and sinks and their evolution. Regional greenhouse gas budgets, tipping-points, vulnerabilities and the controlling mechanisms can be assessed by long term, high precision observations in the atmosphere and at the ocean and land surface. ICOS RI is a distributed infrastructure for on-line, in-situ monitoring of greenhouse gases (GHG) necessary to understand their present-state and future sinks and sources. ICOS RI provides the long-term observations required to understand the present state and predict future behaviour of the global carbon cycle and greenhouse gas emissions. Linking research, education and innovation promotes technological development and demonstrations related to greenhouse gases. The first objective of ICOS RI is to provide effective access to coherent and precise data and to provide assessments of GHG inventories with high temporal and spatial resolution. The second objective is to provide profound information for research and understanding of regional budgets of greenhouse gas sources and sinks, their human and natural drivers, and the controlling mechanisms. ICOS is one of several ESFRI initiatives in the environmental science domain. There is significant potential for structural and synergetic interaction with several other ESFRI initiatives. ICOS RI is relevant for Joint Programming by providing the data access for the researchers and acting as a contact point for developing joint strategic research agendas among European member states. The preparatory phase ends in March 2013 and there will be an interim period before the legal entity will

  19. A comparative study of European rare disease and orphan drug markets.

    PubMed

    Denis, Alain; Mergaert, Lut; Fostier, Christel; Cleemput, Irina; Simoens, Steven

    2010-10-01

    This article aims to compare regulatory aspects of rare disease and orphan drug markets in Belgium, France, Italy, the Netherlands, Sweden and the United Kingdom. Information was derived from the international literature, analysis of legal texts, and a survey completed by national experts. These countries adopted varying approaches towards regulating rare disease and orphan drug markets and, hence, the availability, pricing and reimbursement of orphan drugs vary between countries. Strategies to keep down prices include public procurement in Sweden, profit controls in the United Kingdom, and price comparisons with other countries. To gain reimbursement, the cost-effectiveness and/or budget impact of orphan drugs is considered in some countries. Other societal considerations, such as whether the drug treats a life-threatening disease, are sometimes taken into account. Extensive government intervention exists in rare disease and orphan drug markets in the countries studied. Our recommendations are to define priorities for research on rare diseases and orphan drugs at the European level, to set up disease and patient registries with a view to investigating the long-term effectiveness and cost-effectiveness of orphan drugs, to assess the profitability of orphan drugs, and to take into account societal considerations when evaluating orphan drugs. Copyright (c) 2010 Elsevier Ireland Ltd. All rights reserved.

  20. Market power and the sale of Ontario residential natural gas: An institutional analysis and a laboratory experiment

    NASA Astrophysics Data System (ADS)

    Bloemhof, Barbara Lynn

    2005-11-01

    The Ontario residential natural gas market underwent a significant institutional change in 1986, after the federal government decontrolled natural gas prices. Currently, consumers may sign up for fixed-cost natural gas from a broker, or they may continue to be served by the regulated distribution company. This thesis examines the economic effects on consumers of the institutional change, and particularly whether or not market power was enhanced by the change. In the thesis, I first present the industrial organization of the residential natural gas sector, and explain the institutional evolution using an institutional economic approach. I then construct a model of the market environment, with sellers acting as middlemen in a well-defined Bertrand oligopoly setting with no production constraints and single-unit consumer demands. In this model, the only Nash equilibrium in the one-period game is the joint profit maximizing price, and its likelihood of obtaining depends on the nature of the cost of signing up new customers. I then take a version of this model into the laboratory with human subject sellers and simulated buyers and run six replications each of a balanced treatment design under a unique information mechanism that parallels individual customer canvassing used by sellers in the naturally-occurring market. Treatment variables are: number of sellers, number of simulated at-cost sellers present, and presence of input cost uncertainty for sellers. I find that adding any seller to the market has about the same impact on market price, irrespective of whether it is a human subject or a simulated at-cost seller. Although increasing the number of sellers does decrease the market price somewhat, it does not bring about the competitive outcome predicted by the benchmark microeconomic model. This research contributes to the literature on policy making and energy market design, as well as to experimental methodology aimed at policy evaluation.

  1. Greenhouse gas budgets of managed European grasslands

    NASA Astrophysics Data System (ADS)

    Ammann, C.; Horváth, L.; Jones, S. K.

    2012-04-01

    Greenhouse gas exchange of grasslands are directly and indirectly related to the respective carbon (C) and nitrogen (N) budget. Within the framework of the NitroEurope project we investigated the greenhouse gas, carbon, and nitrogen budgets of four European grassland systems over several years: Easter Bush (UK), Oensingen intensive and extensive (CH), and Bugac (HU). They span contrasting climatic conditions, management types (grazing, cutting) and intensity. While Easter Bush (pasture) and Oensingen int. (meadow) were intensively managed and received a considerable amount of fertiliser, the unfertilised sites Bugac (pasture) and Oensingen ext. (meadow) depended on atmospheric N input (wet and dry deposition) and biological N fixation. The experimental results of the four sites were also compared to published GHG fluxes of other European grasslands. While the ecosystem CO2 exchange was measured on the field scale with the eddy covariance method, the soil fluxes of the other greenhouse gases CH4 and N2O have been detected generally by means of static chambers (only occasional application of eddy covariance). The emission of CH4 by grazing ruminant resulting from enteric fermentation was estimated by animal type specific emission factors. For characterizing the total GHG effect of the grassland sites, the contributions of the different GHGs were normalised to CO2-equivalents. Except for Oensingen ext., all sites showed positive C budgets (sequestration). The observed positive correlation between C and N sequestration (with a ratio between 10 and 20) agrees with studies reported in the literature. The magnitude of N2O emission depended mainly on management intensity (fertiliser input) and on the soil moisture conditions. Whereas for the Oensingen and the Bugac sites, the total GHG budget was dominated by the carbon budget, for Easter Bush the combined effect of N2O and CH4 emission (including animal enteric fermentation) was in the same order of magnitude as the

  2. Sensitivity of Earth Wheat Markets to Space Weather: Comparative Analysis based on data from Medieval European Markets

    NASA Astrophysics Data System (ADS)

    Pustil'Nik, Lev

    We consider a problem of the possible influence of unfavorable states of the space weather on agriculture markets through the chain of connections: "space weather"-"earth weather"- "agriculture crops"-"price reaction". We show that new manifestations of "space weather"- "earth weather" relations discovered in the recent time allow revising a wide range of the expected solar-terrestrial connections. In the previous works we proposed possible mechanisms of wheat market reaction on the specific unfavorable states of space weather in the form of price bursts and price asymmetry. We point out that implementation of considered "price reaction scenarios" is possible only for the case of simultaneous realization of several necessary conditions: high sensitivity of local earth weather in the selected region to space weather; the state of "high risk agriculture" in the selected agriculture zone; high sensitivity of agricultural market to a possible deficit of yield. Results of our previous works (I, II), including application of this approach to the Medieval England wheat market (1250-1700) and to the modern USA durum market (1910-1992), showed that connection between wheat price bursts and space weather state in these cases was absolutely real. The aim of the present work is to answer the question why wheat markets in one selected region may be sensitive to a space weather factor, while in other regions wheat markets demonstrate absolutely indifferent reaction on the space weather. For this aim, we consider dependence of sensitivity of wheat markets to space weather as a function of their location in different climatic zones of Europe. We analyze a database of 95 European wheat markets from 14 countries for the 600-year period (1260-1912). We show that the observed sensitivity of wheat markets to space weather effects is controlled, first of all, by a type of predominant climate in different zones of agricultural production. Wheat markets in the Northern and, partly, in

  3. Gray marketing of pharmaceuticals.

    PubMed

    Chaudhry, P E; Walsh, M G

    1995-01-01

    Pharmaceutical marketers in the European Union are constrained by regulated prices, opening up opportunities for gray marketers. The authors investigate the legal framework that regulates gray markets by summarizing and analyzing relevant European Court of Justice decisions that favor gray marketers and actually foster parallel trade. Before marketing managers can develop effective strategies in this marketplace, they must first understand the precedents of the legal system in which they will be operating.

  4. European regulation model for herbal medicine: The assessment of the EU monograph and the safety and efficacy evaluation in marketing authorization or registration in Member States.

    PubMed

    Qu, Liping; Zou, Wenjun; Wang, YiTao; Wang, Mei

    2018-03-15

    The European Union (EU) has created a regulatory framework for herbal medicinal products (HMPs) since the enforcement of Directive 2004/24/EC. Substantial achievements have been made, with 1719 traditional use marketing registrations (TURs) and 859 well-established use marketing authorizations (WEU-MAs) for HMPs granted by the end of 2016. Apparently, the European regulation model has worked out well and in that the essential feature is the use of EU herbal monographs into those granted WEU-MAs and TURs. A systematic analysis of the European regulation model for HMPs and the EU herbal monograph's part of this model are undertaken to assist understanding of the EU legislation particularly for interested parties those from outside EU area, and afterwards, to help in decision-making in the HMPs registration in European market for pharmaceutical companies, as well as in the establishment of legislation in countries with strong traditional use of herbal remedies. A search of PubMed, ScienceDirect, the European Medicines Agency website and the Heads of Medicines Agencies website was conducted (up to December 2017), and the available information on regulation of HMPs in the EU was collected. The evaluation of applications by National Competent Authorities (NCAs) at a national level together with the assessment of EU monographs by the Committee on Herbal Medicinal Products (HMPC) at the European level constitute the European regulation framework for HMPs. As the scientific opinion about the safety and efficacy of HMPs from HMPC, the EU herbal monographs have been given a constitutional-based meaning to the TURs and WEU-MAs of HMPs and play a supportive function in the marketing procedure in Member States. The European framework has provided a powerful regulation model for harmonization of scientific assessment and facilitation of product marketing. For the pharmaceutical industries particularly those outside the EU, optimal use of the EU herbal monograph in their marketing

  5. Is parallel trade in medicines compatible with the single European market?

    PubMed

    Senior, I

    1992-01-01

    For many years the varying methods of price control of medicines by national governments in the European Community (and elsewhere) have resulted in wide variations in prices. Parallel traders buy products in low pricing Community countries and sell them, generally relabelled or repackaged, in high pricing Community countries. This practice diverts sales revenue and profits from the manufacturers to the traders, distributors, pharmacists and, in some measure, to the sickness funds and to some patients. While parallel trade appeals to those who gain financially, its basis is a market distortion that poses a significant threat to the future of the research-based pharmaceutical industry.

  6. Features of the marketing strategy of oil and gas companies in exploration drilling

    NASA Astrophysics Data System (ADS)

    Sharf, I.; Malanina, V.; Kamynina, L.

    2014-08-01

    The implementation of national and regional programs for the development of new oil and gas provinces of Eastern Siberia poses the challenge of increasing geological exploration. The current drilling service companies' market structure, as well as the strategic task of search and exploration effectiveness requires qualitatively new approaches for choosing a contractor. The proposed strategy to select a contractor based on comprehensive analysis of certain groups of industrial, financial, infrastructural criteria allows not only to optimize the costs of exploration activities, but also to minimize preventively the risks of a poor geological exploration. The authors' SWOT- analysis of the marketing strategy of "Gazprom neft" for choosing a contractor outlined the problem of imperfection of the Russian legislation in the sphere of activities of service companies in the oil and gas sector.

  7. Optimisation of Combined Cycle Gas Turbine Power Plant in Intraday Market: Riga CHP-2 Example

    NASA Astrophysics Data System (ADS)

    Ivanova, P.; Grebesh, E.; Linkevics, O.

    2018-02-01

    In the research, the influence of optimised combined cycle gas turbine unit - according to the previously developed EM & OM approach with its use in the intraday market - is evaluated on the generation portfolio. It consists of the two combined cycle gas turbine units. The introduced evaluation algorithm saves the power and heat balance before and after the performance of EM & OM approach by making changes in the generation profile of units. The aim of this algorithm is profit maximisation of the generation portfolio. The evaluation algorithm is implemented in multi-paradigm numerical computing environment MATLab on the example of Riga CHP-2. The results show that the use of EM & OM approach in the intraday market can be profitable or unprofitable. It depends on the initial state of generation units in the intraday market and on the content of the generation portfolio.

  8. The greenhouse gas balance of European grasslands.

    PubMed

    Chang, Jinfeng; Ciais, Philippe; Viovy, Nicolas; Vuichard, Nicolas; Sultan, Benjamin; Soussana, Jean-François

    2015-10-01

    The greenhouse gas (GHG) balance of European grasslands (EU-28 plus Norway and Switzerland), including CO2 , CH4 and N2 O, is estimated using the new process-based biogeochemical model ORCHIDEE-GM over the period 1961-2010. The model includes the following: (1) a mechanistic representation of the spatial distribution of management practice; (2) management intensity, going from intensively to extensively managed; (3) gridded simulation of the carbon balance at ecosystem and farm scale; and (4) gridded simulation of N2 O and CH4 emissions by fertilized grassland soils and livestock. The external drivers of the model are changing animal numbers, nitrogen fertilization and deposition, land-use change, and variable CO2 and climate. The carbon balance of European grassland (NBP) is estimated to be a net sink of 15 ± 7 g C m(-2 ) year(-1) during 1961-2010, equivalent to a 50-year continental cumulative soil carbon sequestration of 1.0 ± 0.4 Pg C. At the farm scale, which includes both ecosystem CO2 fluxes and CO2 emissions from the digestion of harvested forage, the net C balance is roughly halved, down to a small sink, or nearly neutral flux of 8 g C m(-2 ) year(-1) . Adding CH4 and N2 O emissions to net ecosystem exchange to define the ecosystem-scale GHG balance, we found that grasslands remain a net GHG sink of 19 ± 10 g C-CO2 equiv. m(-2 ) year(-1) , because the CO2 sink offsets N2 O and grazing animal CH4 emissions. However, when considering the farm scale, the GHG balance (NGB) becomes a net GHG source of -50 g C-CO2 equiv. m(-2 ) year(-1) . ORCHIDEE-GM simulated an increase in European grassland NBP during the last five decades. This enhanced NBP reflects the combination of a positive trend of net primary production due to CO2 , climate and nitrogen fertilization and the diminishing requirement for grass forage due to the Europe-wide reduction in livestock numbers. © 2015 John Wiley & Sons Ltd.

  9. Market access of cancer drugs in European countries: improving resource allocation.

    PubMed

    Pauwels, Kim; Huys, Isabelle; Casteels, Minne; De Nys, Katelijne; Simoens, Steven

    2014-06-01

    Public health systems need to make well-founded choices in order to distribute their scarce resources in the most efficient way. Given the number of cancer patients, public/private investments in oncology research, the growing number of new anti-cancer agents and consequent budget impact of cancer care, market access of cancer drugs has become delicate over the last decade. Furthermore, decision makers are challenged by ethical objections and endeavour to provide fair and equal access to treatments for cancer patients. The aim of this study is to generate an overview of market access procedures for cancer drugs in eight European countries and formulate advice for improvement of resource allocation. Results are obtained through a literature review and a qualitative questionnaire and validated by experts with proven knowledge about procedures for price setting and reimbursement of drugs. Diverse measures are applied in the studied countries to optimize reimbursement of cancer drugs such as adjusted cost-effectiveness threshold, regulations for off-label use and new market access agreements. Additionally, innovative cancer drugs are excluded from explicit cost control measures such as payback of budget excess by pharmaceutical companies and lump-sum payments per diagnostic related groups (DRG) in the hospital. The results suggest that cancer is prioritized above other disease areas. Further research is necessary to address the question if society attaches higher value to cancer drugs than to treatments for other diseases.

  10. Estimating greenhouse gas emissions of European cities--modeling emissions with only one spatial and one socioeconomic variable.

    PubMed

    Baur, Albert H; Lauf, Steffen; Förster, Michael; Kleinschmit, Birgit

    2015-07-01

    Substantive and concerted action is needed to mitigate climate change. However, international negotiations struggle to adopt ambitious legislation and to anticipate more climate-friendly developments. Thus, stronger actions are needed from other players. Cities, being greenhouse gas emission centers, play a key role in promoting the climate change mitigation movement by becoming hubs for smart and low-carbon lifestyles. In this context, a stronger linkage between greenhouse gas emissions and urban development and policy-making seems promising. Therefore, simple approaches are needed to objectively identify crucial emission drivers for deriving appropriate emission reduction strategies. In analyzing 44 European cities, the authors investigate possible socioeconomic and spatial determinants of urban greenhouse gas emissions. Multiple statistical analyses reveal that the average household size and the edge density of discontinuous dense urban fabric explain up to 86% of the total variance of greenhouse gas emissions of EU cities (when controlled for varying electricity carbon intensities). Finally, based on these findings, a multiple regression model is presented to determine greenhouse gas emissions. It is independently evaluated with ten further EU cities. The reliance on only two indicators shows that the model can be easily applied in addressing important greenhouse gas emission sources of European urbanites, when varying power generations are considered. This knowledge can help cities develop adequate climate change mitigation strategies and promote respective policies on the EU or the regional level. The results can further be used to derive first estimates of urban greenhouse gas emissions, if no other analyses are available. Copyright © 2015 Elsevier B.V. All rights reserved.

  11. U. K. to resume natural gas imports

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Not Available

    1992-02-17

    This paper reports that the U.K. government has opened the way for resuming gas imports into Britain by approving a contract signed by U.K. electric power utility National Power to buy gas from Norway. A new joint marketing venture of BP Exploration, Den norske stats oljeselskap AS (Statoil), and Norsk Hydro AS also will be allowed to import gas for electric power plant fuel once it has a contract. National Power and the BP/Statoil/Norsk Hydro group will use the Frigg pipeline from Norwegian waters into St. Fergus, north of Aberdeen, the only existing link between the British transmission system andmore » foreign supplies of gas. Meantime, progress is under way toward a second pipeline to link the U.K. with foreign natural gas supplies, calling for a pipeline across the English Channel joining the continental European pipeline system to the U.K. network.« less

  12. European Community.

    PubMed

    1987-05-01

    The European Community was established in 1951 to reconcile France and Germany after World War II and to make possible the eventual federation of Europe. By 1986, there were 12 member countries: France, Italy, Belgium, the Federal Republic of Germany, Luxembourg, the Netherlands, Denmark, Ireland, the United Kingdom, Greece, Spain, and Portugal. Principal areas of concern are internal and external trade, agriculture, monetary coordination, fisheries, common industrial and commercial policies, assistance, science and research, and common social and regional policies. The European Community has a budget of US$34.035 billion/year, funded by customs duties and 1.4% of each member's value-added tax. The treaties establishing the European Community call for members to form a common market, a common customs tariff, and common agricultural, transport, economic, and nuclear policies. Major European Community institutions include the Commission, Council of Ministers, European Parliament, Court of Justice, and Economic and Social Committee. The Community is the world's largest trading unit, accounting for 15% of world trade. The 2 main goals of the Community's industrial policy are to create an open internal market and to promote technological innovation in order to improve international competitiveness. The European Community aims to contribute to the economic and social development of Third World countries as well.

  13. European regulatory use and impact of subgroup evaluation in marketing authorisation applications.

    PubMed

    Tanniou, Julien; Teerenstra, Steven; Hassan, Sagal; Elferink, Andre; van der Tweel, Ingeborg; Gispen-de Wied, Christine; Roes, Kit C B

    2017-12-01

    Marketing authorisation application dossiers relating to medicinal products containing new active substances and evaluated by the European Medicines Agency (EMA) over the period 2012-2015 were examined. Major objections and other concerns relating to efficacy and safety of the day 80 assessment reports were reviewed. Overall, approved products have more subgroup concerns than nonapproved products, which seems to be a consistent pattern. Subgroup analyses are mainly assessed to have the insurance that subgroups of patients that might lack a positive benefit: risk ratio will not be wrongly included in the approved treatment indication. Copyright © 2017 The Authors. Published by Elsevier Ltd.. All rights reserved.

  14. Horizontal-axis clothes washer market poised for expansion

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    George, K.L.

    1994-12-31

    The availability of energy- and water-efficient horizontal-axis washing machines in the North American market is growing, as US and European manufacturers position for an expected long-term market shift toward horizontal-axis (H-axis) technology. Four of the five major producers of washing machines in the US are developing or considering new H-axis models. New entrants, including US-based Staber Industries and several European manufacturers, are also expected to compete in this market. The intensified interest in H-axis technology is partly driven by speculation that new US energy efficiency standards, to be proposed in 1996 and implemented in 1999, will effectively mandate H-axis machines.more » H-axis washers typically use one-third to two-thirds less energy, water, and detergent than vertical-axis machines. Some models also reduce the energy needed to dry the laundry, since their higher spin speeds extract more water than is typical with vertical-axis designs. H-axis washing machines are the focus of two broadly-based efforts to support coordinated research and incentive programs by electric, gas, and water utilities: The High-Efficiency Laundry Metering/Marketing Analysis (THELMA), and the Consortium for Energy Efficiency (CEE) High-Efficiency Clothes Washer Initiative. These efforts may help to pave the way for new types of marketing partnerships among utilities and other parties that could help to speed adoption of H-axis washers.« less

  15. IHE Europe: extending the IHE initiative to the European healthcare market

    NASA Astrophysics Data System (ADS)

    Eichelberg, Marco; Poiseau, Eric; Wein, Berthold B.; Riesmeier, Joerg

    2003-05-01

    The IHE (Integrating the Healthcare Enterprise) initiative has recently developed into a multi-national effort that addresses the specific needs of healthcare systems in North America, many European countries as well as Japan. The introduction of IHE in Europe is a particular challenge because the structure of the healthcare sector deviates significantly from country to country, with different legislation, language, medical and organizational procedures and, not the least, different vendors: HIS/RIS systems are typically tailored towards a specific market, and the majority of vendors is only present in one or a few countries. The first multi-national "European Connect-a-thon" was performed in April, 2002 with 57 participating systems from 33 companies, in preparation of four different public demonstrations in three countries. The systems were grouped into a French, German and Italian section (according to the national extensions supported by each system), with certain overlaps, i. e. systems participating in multiple sections in parallel. In conclusion, experiences in Europe show that IHE cannot simply be copied, but has to be adapted to the specificities of national healthcare systems. The good news is, however, that the specifics are only of minor nature compared to the overall complexity of the transactions involved.

  16. Implications of 1992 for European Telecommunications.

    ERIC Educational Resources Information Center

    Muller, Jurgen

    This paper analyzes the effect of the unified single market of 1992 on European telecommunications. The major policy aspects of the European Economic Commission's Green Paper on "The Development of the Common Market for Telecommunications Services and Equipment" are highlighted, and the effects of these policies in the equipment market…

  17. Energy Markets in the United States: The Influence of Politics, Regulations, and Markets on Energy Development in the Oil and Gas and Wind Industries

    NASA Astrophysics Data System (ADS)

    Maguire, Karen Kay

    2011-12-01

    My dissertation focuses on the influence of politics, policies, and markets in determining oil and natural gas and wind energy development. In the first chapter, I examine the role of federal elected political influence and market factors in determining the acres of oil and natural gas leases issued on Bureau of Management (BLM) lands in the western United States between 1978 and 2008. I seek to determine if the political party and ideology of the federal political environment influence the number of acres that are leased and if there is disparate federal political influence in states that have a large amount of federal lands. Using a random effects Tobit model for a 17-state sample of the westernmost states in the contiguous United States, I find that more conservative federal political influence leads to additional leasing. The results are consistent across Senate committee leaders, Senate majority leadership, and the President's office. The further found that the influence of politics on leasing is not stronger in states with more federal lands. In the second chapter, I analyze the influence of state and federal political party changes and market factors on state oil and natural gas permitting. My findings, using a first-differenced empirical model for two samples, a 19-state sample, from 1990--2007, and a 14-state sample, from 1977--2007, indicate that the influence of state political party changes are trumped by economic factors. Oil and gas prices are the main drivers of permitting changes, while the state political party changes for the state legislatures and Governor's office are consistently not significant. In the third chapter I focus on the role of electricity markets and renewable energy regulation in wind development across the United States. My findings, using a random effects Tobit model with a 25-state sample, from 1994--2008, indicate that the implementation of state Renewables Portfolio Standards (RPS), the Federal Production Tax Credit (PTC

  18. Qatar chooses Snam to market LNG in Europe

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Not Available

    This paper reports that Qatar has chosen Italy's Snam SpA as its European partner to sell liquefied natural gas to Europe from a $4.8 billion joint venture project involving supergiant North offshore gas field. State owned Qatar General petroleum Corp. (QGPC) and Snam signed an agreement in Doha to create a joint company owned 65% by QGPC and the remainder by Snam. Italy's state electricity monopoly, ENEL, which is seeking Qatari gas a fuel for its power plants, may later acquire part of Snam's interest in the project. The joint venture will transport and market North LNG to Europe. Exportsmore » to Europe by Snam via Italy, to begin in 1997, are expected to be 283 bcf/year at first and may climb to 459 bcf/year, depending upon demand.« less

  19. Freight transportation : the European market

    DOT National Transportation Integrated Search

    2002-06-01

    The purpose of the international scan was to investigate the issues, constraints, opportunities, and challenges : faced by the European Union (EU) in developing a policy of open boundaries and what strategies it uses to : implement the policy. : The ...

  20. Probiotic formulations and applications, the current probiotics market, and changes in the marketplace: a European perspective.

    PubMed

    Saxelin, Maija

    2008-02-01

    Europe is a multicultural continent where the consumption of fermented milks has traditionally been high in several countries. Thus, it is no wonder that the market for fermented dairy products with probiotic bacteria has been successful. The market for food applications of probiotics is clearly larger than that for probiotics sold in capsules, sachets, and other pharmaceutical forms. Yogurt-type drinks are the fastest-growing product category, but the diversity of probiotic food applications is not limited to milk-based products. Probiotic fruit juices, berry soups, and soy- and cereal-based fermented products are also sold. Some probiotic strains that are successful in Europe are marketed globally, but there is also a variety of local probiotic strains that are key players in their limited markets. The health messages of probiotic products have focused mainly on general well-being and support of gastrointestinal microbiota. However, because of newly accepted regulation from the European Union regarding health claims, such claims will be evaluated officially, which may substantially change their content. However, more-specific product claims may also appear on the market. This article describes trends and phenomena in mainly the food sector, which covers the most-successful probiotic applications, but food supplements are also discussed.

  1. Cointegration analysis and influence rank—A network approach to global stock markets

    NASA Astrophysics Data System (ADS)

    Yang, Chunxia; Chen, Yanhua; Niu, Lei; Li, Qian

    2014-04-01

    In this paper, cointegration relationships among 26 global stock market indices over the periods of sub-prime and European debt crisis and their influence rank are investigated by constructing and analyzing directed and weighted cointegration networks. The obtained results are shown as follows: the crises have changed cointegration relationships among stock market indices, their cointegration relationship increased after the Lehman Brothers collapse, while the degree of cointegration gradually decreased from the sub-prime to European debt crisis. The influence of US, Japan and China market indices are entirely distinguished over different periods. Before European debt crisis US stock market is a ‘global factor’ which leads the developed and emerging markets, while the influence of US stock market decreased evidently during the European debt crisis. Before sub-prime crisis, there is no significant evidence to show that other stock markets co-move with China stock market, while it becomes more integrated with other markets during the sub-prime and European debt crisis. Among developed and emerging stock markets, the developed stock markets lead the world stock markets before European debt crisis, while due to the shock of sub-prime and European debt crisis, their influences decreased and emerging stock markets replaced them to lead global stock markets.

  2. Adult Education and the Labour Market. European Society for Research on the Education of Adults Seminar Proceedings (Ljubljana, Slovenia, October 10-12, 1993). First Edition.

    ERIC Educational Resources Information Center

    Klenovsek, Tanja Vilic, Ed.; Olesen, Henning Salling, Ed.

    This book contains papers, reports, and welcoming speeches from a seminar for European adult education researchers. The following are included: "Background and Thematic Outline for the ESREA (European Society for Research on the Education of Adults) Seminar on Research into Adult Education and the Labor Market" (Olesen); "Welcoming…

  3. Registries in European post-marketing surveillance: a retrospective analysis of centrally approved products, 2005-2013.

    PubMed

    Bouvy, Jacoline C; Blake, Kevin; Slattery, Jim; De Bruin, Marie L; Arlett, Peter; Kurz, Xavier

    2017-12-01

    Regulatory agencies and other stakeholders increasingly rely on data collected through registries to support their decision-making. Data from registries are a cornerstone of post-marketing surveillance for monitoring the use of medicines in clinical practice. This study was aimed at gaining further insight into the European Medicines Agency's (EMA) requests for new registries and registry studies using existing registries and to review the experience gained in their conduct. European Public Assessment Reports were consulted to identify products for which a request for a registry was made as a condition of the marketing authorisation. All centrally authorised products that received a positive opinion of the EMA Committee for Medicinal Products for Human Use between 1 January 2005 and 31 December 2013 were included. Data regarding registry design and experiences were collected from EMA electronic record keeping systems. Of 392 products that received a positive Committee for Medicinal Products for Human Use opinion during 2005-2013, 31 registries were requested for 30 products in total. Sixty-five percent were product registries whereas 35% were disease registries and 71% of the registries had a primary safety objective. Most commonly reported issues with registries were delayed time to start and low patient accrual rates. The delays found in getting new registries up and running support the need to improve the timeliness of data collection in the post-marketing setting. Methodological challenges met in conducting this study highlighted the need for a clarification of definitions and epidemiological concepts around patient registries. The results will inform the EMA Patient Registry initiative to support use of existing patient registries for the post-authorisation benefit-risk monitoring of medicinal products. © 2017 Commonwealth of Australia. Pharmacoepidemiology & Drug Safety © 2017 John Wiley & Sons, Ltd. © 2017 Commonwealth of Australia. Pharmacoepidemiology

  4. European Telecommunications Conference. Strategic Planning for the 1990s

    NASA Astrophysics Data System (ADS)

    Blackburn, J. F.

    1990-06-01

    The European Telecommunications Conference Strategic Planning for the 1990s provided information to delegates and their companies on strategic planning for the European market, particularly after the advent of the European Single Market at the end of 1992. The conference objective was to examine the impact of the initiatives of the European Commission (EC) and the changing attitudes to service provision by public and private sector organizations on industry and marketing. Organized by Blenheim Online and Logica, 40 delegates attended this conference, mainly from Europe, but with a few from the U.S. The papers were designed to illuminate such questions as emerging market sectors, impact of U.S telecommunications organizations in Europe, mergers and acquisition, standards, and value-added services.

  5. A Comparative Analysis of Graduate Employment Prospects in European Labour Markets: A Study of Graduate Recruitment in Four Countries

    ERIC Educational Resources Information Center

    Branine, Mohamed; Avramenko, Alex

    2015-01-01

    The aim of this paper is to provide a comparative analysis of higher education and the graduate labour markets in selected European countries (France, Germany, Spain and United Kingdom) in the context of the expectations of graduates and prospective employers, and respective recruitment and selection practices. Expectations of graduating students…

  6. 75 FR 18497 - Chevron Keystone Gas Storage, LLC; Notice of Notification of Change in Market Power Analysis and...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-04-12

    ... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. PR10-13-000; PR03-17-000] Chevron Keystone Gas Storage, LLC; Notice of Notification of Change in Market Power Analysis and Request for Renewed Approval of Market-Based Rates April 5, 2010. Take notice that on March 31, 2010, Chevron...

  7. Results of European post-marketing surveillance of bosentan in pulmonary hypertension.

    PubMed

    Humbert, M; Segal, E S; Kiely, D G; Carlsen, J; Schwierin, B; Hoeper, M M

    2007-08-01

    After the approval of bosentan for the treatment of pulmonary arterial hypertension (PAH), European authorities required the introduction of a post-marketing surveillance system (PMS) to obtain further data on its safety profile. A novel, prospective, internet-based PMS was designed, which solicited reports on elevated aminotransferases, medical reasons for bosentan discontinuation and other serious adverse events requiring hospitalisation. Data captured included demographics, PAH aetiology, baseline functional status and concomitant PAH-specific medications. Safety signals captured included death, hospitalisation, serious adverse events, unexpected adverse events and elevated aminotransferases. Within 30 months, 4,994 patients were included, representing 79% of patients receiving bosentan in Europe. In total, 4,623 patients were naïve to treatment; of these, 352 had elevated aminotransferases, corresponding to a crude incidence of 7.6% and an annual rate of 10.1%. Bosentan was discontinued due to elevated aminotransferases in 150 (3.2%) bosentan-naïve patients. Safety results were consistent across subgroups and aetiologies. The novel post-marketing surveillance captured targeted safety data ("potential safety signals") from the majority of patients and confirmed that the incidence and severity of elevated aminotransferase levels in clinical practice was similar to that reported in clinical trials. These data complement those from randomised controlled clinical trials and provide important additional information on the safety profile of bosentan.

  8. Current european regulatory perspectives on insulin analogues.

    PubMed

    Enzmann, Harald G; Weise, Martina

    2011-07-07

    Insulin analogues are increasingly considered as an alternative to human insulin in the therapy of diabetes mellitus. Insulin analogues (IAs) are chemically different from human insulin and may have different pharmacokinetic or pharmacodynamic properties. The significance of the modifications of the insulin molecule for the safety profile of IAs must be considered. This review describes the regulatory procedure and the expectations for the scientific content of European marketing authorization applications for innovative IAs submitted to the European Medicines Agency. Particular consideration is given to a potential cancer hazard. Specific regulatory guidance on how to address a possible carcinogenic or tumor promoting effect of innovative IAs in non-clinical studies is available. After marketing authorization, the factual access of patients to the new product will be determined to great extent by health technology assessment bodies, reimbursement decisions and the price. Whereas the marketing authorization is a European decision, pricing and reimbursement are national or regional responsibilities. The assessment of benefit and risk by the European Medicines Agency is expected to influence future decisions on price and reimbursement on a national or regional level. Collaborations between regulatory agencies and health technology assessment bodies have been initiated on European and national level to facilitate the use of the European Medicines Agency's benefit risk assessment as basis on which to build the subsequent health technology assessment. The option for combined or joint scientific advice procedures with regulators and health technology assessment bodies on European level or on a national level in several European Member States may help applicants to optimize their development program and dossier preparation in regard of both European marketing authorization application and reimbursement decisions.

  9. Export competitiveness of dairy products on global markets: the case of the European Union countries.

    PubMed

    Bojnec, Š; Fertő, I

    2014-10-01

    This paper analyzed the export competitiveness of dairy products of the European Union (EU) countries (EU-27) on intra-EU, extra-EU, and global markets, using the revealed comparative advantage index over the 2000-2011 period. The results indicated that about half of the EU-27 countries have had competitive exports in a certain segment of dairy products. The results differed by level of milk processing and for intra-EU and extra-EU markets, and did so over the analyzed years. Belgium, Denmark, France, Ireland, and the Netherlands are old EU-15 countries with competitive dairy exports (from the lowest to the highest according to the level of milk processing). The majority of the new EU-12 countries have faced difficulties in maintaining their level of export competitiveness, at least for some dairy products and market segments. The more competitive EU-12 countries in dairy exports were the Baltic States (Estonia, Latvia, and Lithuania) and Poland. The duration of export competitiveness differed across the dairy groups of products according to the level of milk processing, indicating the importance of dairy chain product differentiation for export competitiveness and specialization. The export competitiveness of the higher level of processed milk products for final consumption can be significant for export dairy chain competitiveness on global markets. Copyright © 2014 American Dairy Science Association. Published by Elsevier Inc. All rights reserved.

  10. Carbon and energy saving markets in compressed air

    NASA Astrophysics Data System (ADS)

    Cipollone, R.

    2015-08-01

    CO2 reduction and fossil fuel saving represent two of the cornerstones of the environmental commitments of all the countries of the world. The first engagement is of a medium to long term type, and unequivocally calls for a new energetic era. The second delays in time the fossil fuel technologies to favour an energetic transition. In order to sustain the two efforts, new immaterial markets have been established in almost all the countries of the world, whose exchanges (purchases and sales) concern CO2 emissions and equivalent fossil fuels that have not been emitted or burned. This paper goes deep inside two aspects not yet exploited: specific CO2 emissions and equivalent fossil fuel burned, as a function of compressed air produced. Reference is made to the current compressor technology, carefully analysing CAGI's (Compressed Air Gas Institute) data and integrating it with the PNUEROP (European Association of manufacturers of compressors, vacuum pumps, pneumatic tools and allied equipment) contribution on the compressor European market. On the base of energy saving estimates that could be put in place, this article also estimates the financial value of the CO2 emissions and fossil fuels avoided.

  11. Carbon pricing, nuclear power and electricity markets

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Cameron, R.; Keppler, J. H.

    2012-07-01

    In 2010, the NEA in conjunction with the International Energy Agency produced an analysis of the Projected Costs of Electricity for almost 200 power plants, covering nuclear, fossil fuel and renewable electricity generation. That analysis used lifetime costs to consider the merits of each technology. However, the lifetime cost analysis is less applicable in liberalised markets and does not look specifically at the viewpoint of the private investor. A follow-up NEA assessment of the competitiveness of nuclear energy against coal- and gas-fired generation under carbon pricing has considered just this question. The economic competition in electricity markets is today betweenmore » nuclear energy and gas-fired power generation, with coal-fired power generation not being competitive as soon as even modest carbon pricing is introduced. Whether nuclear energy or natural gas comes out ahead in their competition depends on a number of assumptions, which, while all entirely reasonable, yield very different outcomes. The analysis in this study has been developed on the basis of daily data from European power markets over the last five-year period. Three different methodologies, a Profit Analysis looking at historic returns over the past five years, an Investment Analysis projecting the conditions of the past five years over the lifetime of plants and a Carbon Tax Analysis (differentiating the Investment Analysis for different carbon prices) look at the issue of competitiveness from different angles. They show that the competitiveness of nuclear energy depends on a number of variables which in different configurations determine whether electricity produced from nuclear power or from CCGTs generates higher profits for its investors. These are overnight costs, financing costs, gas prices, carbon prices, profit margins (or mark-ups), the amount of coal with carbon capture and electricity prices. This paper will present the outcomes of the analysis in the context of a

  12. Changes in European legislation make it timely to introduce a transparent market surveillance system for cosmetics.

    PubMed

    Lodén, Marie; Ungerth, Louise; Serup, Jørgen

    2007-01-01

    Marketing of cosmetics often makes strong claims linked to active ingredients. This is especially so for anti-ageing products, where the presentation and content of "active" ingredients may create new difficulties in their classification as cosmetics or medicinal products. A recent change in European legislation classifies a product as medicinal by virtue of its "function", in addition to the previous definition of "presentation" (i.e. marketing linked to diseases). Thus, formulations that also restore, correct or modify physiological functions by exerting a pharmacological, immunological or metabolic action should henceforth be covered by the Medicinal Products Directive. A cosmetic product must be suitable for its purpose and should not lead to adverse reactions that are disproportional in relation to its intended effect. However, the forthcoming ban on animal testing of cosmetic ingredients and the new European regulation, REACH (Registration, Evaluation and Authorisation of Chemicals), which aims to ensure a high level of chemical safety to protect human health and the environment, will probably have limited impact on the safety assessment of cosmetics. In order to enable consumers to make informed purchasing decisions, greater transparency in the process of assessing the performance of cosmetics is needed. Introduction of a more transparent system, enabling consumers and professionals to examine the scientific evidence for the claimed effect and the safety assessment of cosmetics, is therefore timely. Lack of transparency increases the risk of consumers wasting money on cosmetics that do not deliver the desired effects. This may jeopardize public trust in the cosmetic industry.

  13. Chances of coal in European power industry

    NASA Astrophysics Data System (ADS)

    Łukaszczyk, Zygmunt; Badura, Henryk

    2017-11-01

    Poland's accession to the European Union has reduced the remnants of import barriers. Moreover, the consolidation and commercialization of the energy sector, the implementation of climate package elements and a whole host of other determinants have caused hard coal mining to begin functioning in a highly competitive market, and its negotiating position, as well as the possibility of survival, depends not only on the level of coal prices in international markets, but also on internal competition. This paper discusses the position of power coal on international markets and presents some current problems concerning the functioning of particular segments of the hard coal market in the European Union and Poland in terms of opportunities and threats that are a result of climate and energy policy.

  14. The impact of European harmonisation on Norwegian drug policy.

    PubMed

    Norris, P

    1998-01-01

    Although not a member of the European Union (EU), Norway is part of the European internal market as a result of the European economic area (EEA) agreement. Before 1994, Norway had a distinctive set of arrangements for the licensing and distribution of medicines. Many of these have undergone considerable change as a result of European harmonisation. This paper describes the previous arrangements and the impact of European harmonisation on them. Significant changes have been made to the Norwegian marketing authorisation system because of the loss of the 'need clause' and changes in price control. These are described and an attempt is made to evaluate their impact. The development of parallel importing and the introduction of private wholesaling companies have led to the development of new players in the Norwegian drug market and an increase in competition both within and between levels of the pharmaceutical distribution chain. New co-operatives have also arisen to increase the negotiating power of purchasers, particularly hospitals. Further significant changes are likely to occur in the Norwegian pharmaceutical sector in the future. The Norwegian case study provides an opportunity to look at the impact of European harmonisation on a particular set of regulatory arrangements and sheds light on the difficulty of implementing European policy in a national setting.

  15. Worldwide surplus of LP-gases to grow, expert tells European meet in Venice

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Not Available

    1988-07-01

    There appears to be a growing consensus among students of the LP-gas industry that (1) the worldwide surplus of supplies of LP-gases will continue and grow, and (2) this will provide ample opportunity for market development between now and the year 2000, but (3) that development will be largely in the field of petro-chemical feedstocks, although (4) if the price should not remain competitive with feedstocks such as naphtha, the surpluses could find their way into the U.S., if (5) the price is right. This viewpoint was set forth for the benefit of the delegates to the convention May 19-20more » of the European LP-Gas Association in Venice, Italy, by Rick Haun, vice president of Purvin and Gertz, the Dallas consulting firm.« less

  16. Natural Gas Prices Forecast Comparison--AEO vs. Natural Gas Markets

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Wong-Parodi, Gabrielle; Lekov, Alex; Dale, Larry

    This paper evaluates the accuracy of two methods to forecast natural gas prices: using the Energy Information Administration's ''Annual Energy Outlook'' forecasted price (AEO) and the ''Henry Hub'' compared to U.S. Wellhead futures price. A statistical analysis is performed to determine the relative accuracy of the two measures in the recent past. A statistical analysis suggests that the Henry Hub futures price provides a more accurate average forecast of natural gas prices than the AEO. For example, the Henry Hub futures price underestimated the natural gas price by 35 cents per thousand cubic feet (11.5 percent) between 1996 and 2003more » and the AEO underestimated by 71 cents per thousand cubic feet (23.4 percent). Upon closer inspection, a liner regression analysis reveals that two distinct time periods exist, the period between 1996 to 1999 and the period between 2000 to 2003. For the time period between 1996 to 1999, AEO showed a weak negative correlation (R-square = 0.19) between forecast price by actual U.S. Wellhead natural gas price versus the Henry Hub with a weak positive correlation (R-square = 0.20) between forecasted price and U.S. Wellhead natural gas price. During the time period between 2000 to 2003, AEO shows a moderate positive correlation (R-square = 0.37) between forecasted natural gas price and U.S. Wellhead natural gas price versus the Henry Hub that show a moderate positive correlation (R-square = 0.36) between forecast price and U.S. Wellhead natural gas price. These results suggest that agencies forecasting natural gas prices should consider incorporating the Henry Hub natural gas futures price into their forecasting models along with the AEO forecast. Our analysis is very preliminary and is based on a very small data set. Naturally the results of the analysis may change, as more data is made available.« less

  17. European energy policy impact on the creation of legal and structural basis for the development of competitive markets of electricity in Poland

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Zerka, M.

    1998-07-01

    The main objective of this presentation is to describe the current reform of the Polish electric power sector being under the transition from a state-owned and controlled system to the broadly liberalized, competitive and market-oriented industry structure. The Polish electric power system integration with Western European systems (UCPTE) in 1995, and the process of Poland accession to EU brings closer the issue of international competition, which the sector must be ready to face very soon. In the context of Polish aspiration for membership in the European Union, the electric power sector has many attributes that give one grounds to assumemore » that it is capable of meeting challenges posed by integration and may also facilitate the indispensable transformation in other areas of the Polish economy. Among the most important attributes the following should be mentioned: the implementation of new competition-promoting Energy Law determining the separation of three functions (creation of energy policy, regulation and ownership activities); implementation of the principle of regulated third party access to the grid ensuring the complete deregulation of electricity market; restructuring of the electric power sector with transparent determination of functioning of electric power sub sectors : generation, transmission and distribution; electricity market organization (determination of the position of PSE SA as the future Transmission System Operator and Pool Operator); determination of principles for the development of electricity generation sub sector with licensing procedures; co-operation with UCPTE and the development of co-operation within the CENTREL group (new CENTREL ad hoc group on hadronization of electricity markets).« less

  18. Economics of total energy schemes in the liberalised European energy market

    NASA Astrophysics Data System (ADS)

    Lampret, Peter

    This thesis is concerned with the liberalisation of the European Energy markets and the affects this has had on total energy systems. The work concentrates on a number of case studies all of which are located in the area surrounding Gelsenkirchen - Bottrop - Gladbeck, the centre of the Ruhr region of Germany.The thesis describes briefly how the legislation of the parliament of the extended European Union has been interpreted and enacted into German legislation and its affects on production, transport, sales and customers. Primarily the legislation has been enacted to reduce energy costs by having a competitive market while enabling security of supply. The legislation whose development has accelerated since 1999 can lead to negative effects and these have been highlighted for the case studies chosen.The legislation and technological advances, each of them successful by themselves, do not provide the expected reduction of carbon dioxide emissions when applied to total energy system. The introduction of human behaviour as a missing link makes the problems evident and gives a theoretical basis to overcome these problems. The hypothesis is proven by eight detailed research projects and four concisely described ones.The base of the research is the experience gained on approximately 1,000 operation years of the simplest total energy system, that of centralised heating. This experience is transferred to different solutions for total energy systems and their economics in combination with the changing legislation and observation of human behaviour.The variety of topics of the case studies includes the production of heat by boiler, solar or combined heat and power and the use of fuel cells. Additionally the transfer of heat, at the place of demand is considered, either as an individual boiler in a building or as de-centralised district heating.The various results of these projects come together in a final project which covers four different heating systems in identical

  19. Economics of total energy schemes in the liberalised European energy market

    NASA Astrophysics Data System (ADS)

    Lampret, Peter

    This thesis is concerned with the liberalisation of the European Energy markets and the affects this has had on total energy systems. The work concentrates on a number of case studies all of which are located in the area surrounding Gelsenkirchen - Bottrop - Gladbeck, the centre of the Ruhr region of Germany. The thesis describes briefly how the legislation of the parliament of the extended European Union has been interpreted and enacted into German legislation and its affects on production, transport, sales and customers. Primarily the legislation has been enacted to reduce energy costs by having a competitive market while enabling security of supply. The legislation whose development has accelerated since 1999 can lead to negative effects and these have been highlighted for the case studies chosen. The legislation and technological advances, each of them successful by themselves, do not provide the expected reduction of carbon dioxide emissions when applied to total energy system. The introduction of human behaviour as a missing link makes the problems evident and gives a theoretical basis to overcome these problems. The hypothesis is proven by eight detailed research projects and four concisely described ones. The base of the research is the experience gained on approximately 1,000 operation years of the simplest total energy system, that of centralised heating. This experience is transferred to different solutions for total energy systems and their economics in combination with the changing legislation and observation of human behaviour. The variety of topics of the case studies includes the production of heat by boiler, solar or combined heat and power and the use of fuel cells. Additionally the transfer of heat, at the place of demand is considered, either as an individual boiler in a building or as de-centralised district heating. The various results of these projects come together in a final project which covers four different heating systems in identical

  20. Florbetapir (18F) for brain amyloid positron emission tomography: highlights on the European marketing approval.

    PubMed

    Cortes-Blanco, Anabel; Prieto-Yerro, Concha; Martinez-Lazaro, Raul; Zamora, Javier; Jiménez-Huete, Adolfo; Haberkamp, Marion; Pohly, Johannes; Enzmann, Harald; Zinserling, Jörg; Strassmann, Valerie; Broich, Karl

    2014-10-01

    Florbetapir (18F) for brain amyloid positron emission tomography (PET) imaging has been recently approved in Europe to estimate β-amyloid neuritic plaque density in the brain when the subject is still alive. Such density is one of the key issues for the definitive diagnosis of Alzheimer's disease (AD) at autopsy. This capability of florbetapir (18F) is regarded as a significant improvement in the diagnostic procedures for adult patients with cognitive impairment who are being evaluated for AD and other causes of cognitive impairment. The current paper highlights the specific characteristics of the European marketing authorization of florbetapir (18F). Copyright © 2014 The Alzheimer's Association. Published by Elsevier Inc. All rights reserved.

  1. Voluntary health insurance in the European Union: a critical assessment.

    PubMed

    Mossialos, Elias; Thomson, Sarah M S

    2002-01-01

    The authors examine the role and nature of the market for voluntary health insurance in the European Union and review the impact of public policy, at both the national and E.U. levels, on the development of this market in recent years. The conceptual framework, based on a model of industrial analysis, allows a wide range of policy questions regarding market structure, conduct, and performance. By analyzing these three aspects of the market for voluntary health insurance, the authors are also able to raise questions about the equity and efficiency of voluntary health insurance as a means of funding health care in the European Union. The analysis suggests that the market for voluntary health insurance in the European Union suffers from significant information failures that seriously limit its potential for competition or efficiency and also reduce equity. Substantial deregulation of the E.U. market for voluntary health insurance has stripped regulatory bodies of their power to protect consumers and poses interesting challenges for national regulators, particularly if the market is to expand in the future. In a deregulated environment, it is questionable whether this method of funding health care will encourage a more efficient and equitable allocation of resources.

  2. Natural Gas Industry and Markets

    EIA Publications

    2006-01-01

    This special report provides an overview of the supply and disposition of natural gas in 2004 and is intended as a supplement to the Energy Information Administration's (EIA) Natural Gas Annual 2004 (NGA). Unless otherwise stated, all data and figures in this report are based on summary statistics published in the NGA 2004.

  3. [Major milestones for European pharmaceutical policy].

    PubMed

    Sauer, Fernand

    2014-01-01

    Under the 1985 White Paper on the completion of the single market, several pharmaceutical harmonisation measures were unanimously adopted, in favor of biotech products and on pricing transparency, legal status of prescription, wholesale distribution and advertising. The European pharmaceutical harmonisation was extended to Norway and Iceland, to new accession member states and through major international conferences with the US and Japan (ICH). Starting in 1995, the European medicines agency has produced an efficient marketing authorisation system for new human and veterinary medicines. The system was extended to pediatric medicines and advanced therapies. The monitoring of drug adverse effects (pharmacovigilance) has been gradually strengthened.

  4. The European Teaching Force: Conditions, Mobility and Qualifications.

    ERIC Educational Resources Information Center

    Smith, Janet

    1992-01-01

    Describes the teaching profession in European Common Market (ECM) states, reviewing differences in importance of education, salaries, status, rewards, working conditions, and training. Discusses teacher mobility between member states and feasibility of a single market among ECM states. Describes common market for primary school teachers in…

  5. Regulatory requirements for biocides on the market in the European Union according to Directive 98/8/EC.

    PubMed

    Rasmussen, K; Chemin, P; Haastrup, P

    1999-06-30

    In early 1998, the European Commission and Parliament adopted a new Directive concerning the placing on the market of biocidal products. The Directive is to be implemented in the member states by May 2000. The member states are currently concerned with the national implementation into legislation whereas the Commission is setting up the proposal for a review programme for the existing active substances and the products in which they are used. This paper describes the effort currently undertaken (up to the end of December 1998) to define the procedures to be used and characterise the substances covered. Copyright 1999 Elsevier Science B.V.

  6. A European perspective--the European clinical research infrastructures network.

    PubMed

    Demotes-Mainard, J; Kubiak, C

    2011-11-01

    Evaluating research outcomes requires multinational cooperation in clinical research for optimization of treatment strategies and comparative effectiveness research, leading to evidence-based practice and healthcare cost containment. The European Clinical Research Infrastructures Network (ECRIN) is a distributed ESFRI (European Strategy Forum on Research Infrastructures) roadmap pan-European infrastructure designed to support multinational clinical research, making Europe a single area for clinical studies, taking advantage of its population size to access patients, and unlocking latent scientific potential. Servicing multinational trials started during its preparatory phase, and ECRIN will now apply for an ERIC (European Research Infrastructures Consortium) status by 2011. By creating a single area for clinical research in Europe, this achievement will contribute to the implementation of the Europe flagship initiative 2020 'Innovation Union', whose objectives include defragmentation of the research and education capacity, tackling the major societal challenges starting with the area of healthy ageing, and removing barriers to bring ideas to the market.

  7. Industry must cope with new European regulations by 1993

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Pike, W.J.

    1991-01-01

    On Jan. 1, 1993, the European Economic Community (EEC) will implement its numerous directives designed to open the internal markets of individual member-nations. Regulations will cover procurement/competition, technical standards, labor, R and D funding, environment, taxation and transportation, among other areas. The oil and gas industry will be subject to these regulations under the Utilities Directive. Currently, there is a great deal of confusion about the EEC, their regulations and their impact on the international industry. This article attempts to make some sense out of the situation. since there is so much confusion with the issue of EEC and themore » industry, it is best to first describe briefly what the EEC is and what it is designed to do.« less

  8. Education and the Internal Market.

    ERIC Educational Resources Information Center

    Heinemann, Karl-Heinz

    1991-01-01

    Discusses European attempts to standardize academic and vocational qualifications. Expresses concern that the internal market threatens the cultural sovereignty of states. Describes the consequences of teacher mobility for the German education system. Concludes that more openness is necessary for the European Community's educational policymaking…

  9. European space programme

    NASA Astrophysics Data System (ADS)

    Luton, J.-M.

    1992-02-01

    Successful European Space Agency (ESA) programs include the Ariane launcher development, the Meteosat meteorological satellites and the Intelsat 6, ECS (European Communications Satellite) series of communications satellites. The ESA's policy of placing contracts with industrial companies in its 13 member countries has contributed to the strategic development of European high technology in the world market. The ESA's long-term programs, in addition to the Ariane launcher and Columbus/Hermes space-station/spaceplane programs, include participation in the International Space Station program, the Data Relay Satellite system and a variety of space applications programs. Two high-performance satellites to be placed in polar orbits will contribute to European environmental and climate variation studies and, together with the Polar Platform sector of the Columbus program, will drive the establishment and development of new institutions, industrial structures and infrastructure.

  10. Developing an urban forest carbon market

    Treesearch

    M. Armstrong; J. Siry; Michael Bowker

    2009-01-01

    Countries, states, localities, businesses, and individuals are taking action to mitigate greenhouse gas levels and production as a response to concerns over climate change. Europe currently has mandatory greenhouse gas emission legislation and a large developed emission trading market, as opposed to the U.S. where voluntary markets to reduce green house gas emissions...

  11. Static headspace gas chromatographic method for quantitative determination of residual solvents in pharmaceutical drug substances according to european pharmacopoeia requirements.

    PubMed

    Otero, Raquel; Carrera, Guillem; Dulsat, Joan Francesc; Fábregas, José Luís; Claramunt, Juan

    2004-11-19

    A static headspace (HS) gas chromatographic method for quantitative determination of residual solvents in a drug substance has been developed according to European Pharmacopoeia general procedure. A water-dimethylformamide mixture is proposed as sample solvent to obtain good sensitivity and recovery. The standard addition technique with internal standard quantitation was used for ethanol, tetrahydrofuran and toluene determination. Validation was performed within the requirements of ICH validation guidelines Q2A and Q2B. Selectivity was tested for 36 solvents, and system suitability requirements described in the European Pharmacopoeia were checked. Limits of detection and quantitation, precision, linearity, accuracy, intermediate precision and robustness were determined, and excellent results were obtained.

  12. Joint Venture Marketing Training: Development Marketing Plans Utilizing Foreign and American Students.

    ERIC Educational Resources Information Center

    Steele, David; Jones, Kevin

    This paper describes a workshop prepared and presented by the Business Administration Department of the University of Wisconsin-Eau Claire, that is designed to provide training in evaluating a European market for an American product and preparing a plan for marketing the product in Europe. It is noted that the program can work with both students…

  13. Energy Modeling Forum Study #26 CHANGING THE GAME?: EMISSIONS AND MARKET IMPLICATIONS OF NEW NATURAL GAS SUPPLIES: EPA US9r MARKAL Model Results

    EPA Science Inventory

    With the application of hydraulic fracturing and horizontal drilling, new natural gas shale formations are becoming widely available in North America at competitive prices. This development has created an extensive search for new markets where natural gas may compete effectively ...

  14. Energy Modeling Forum Study #26: Changing the game? Emissions and market implications of ?new natural gas supplies: EPA US9r MARKAL model results

    EPA Science Inventory

    With the application of hydraulic fracturing and horizontal drilling, new natural gas shale formations are becoming widely available in North America atcompetitive prices. This development has created an extensive search for new markets where natural gas may compete effectively w...

  15. Products containing microorganisms as a tool in integrated pest management and the rules of their market placement in the European Union.

    PubMed

    Matyjaszczyk, Ewa

    2015-09-01

    Products containing microorganisms (bacteria, fungi and viruses) can be used in plant production as an intervention as well as a prevention method for pest control. Their utilisation is strictly in line with the principles of integrated pest management, provided that they are effective and safe. The rules of registration of microorganisms for crop production in the European Union differ, depending on whether they are placed on the market as plant protection products or not. For over 20 years, uniform rules for registration of plant protection products have been in force. Currently, 36 microorganisms marked up to the strain are approved for use in pest control in the Community. The decision concerning market placement of plant protection products containing approved microorganisms is issued for each member state separately. The approaches to market placement of other products with microorganisms differ within the EU, ranging from a complete lack of requirements to long and costly registration procedures. © 2015 Society of Chemical Industry.

  16. Renewable energy and greenhouse gas emissions from the waste sectors of European Union member states: a panel data analysis.

    PubMed

    Domingos, Hélde Araujo; De Melo Faria, Alexandre Magno; Fuinhas, José Alberto; Marques, António Cardoso

    2017-08-01

    In the last two decades, there has been a rich debate about the environmental degradation that results from exposure to solid urban waste. Growing public concern with environmental issues has led to the implementation of various strategic plans for waste management in several developed countries, especially in the European Union. In this paper, the relationships were assessed between economic growth, renewable energy extraction and greenhouse gas (GHG) emissions in the waste sector. The Environmental Kuznets Curve hypothesis was analysed for the member states of the European Union, in the presence of electricity generation, landfill and GHG emissions for the period 1995 to 2012. The results revealed that there is no inverted-U-shaped relationship between income and GHG emissions in European Union countries. The renewable fuel extracted from waste contributes to a reduction in GHG, and although the electricity produced also increases emissions somewhat, they would be far greater if the waste-based generation of renewable energy did not take place. The waste sector needs to strengthen its political, economic, institutional and social communication instruments to meet its aims for mitigating the levels of pollutants generated by European economies. To achieve the objectives of the Horizon 2020 programme, currently in force in the countries of the European Union, it will be necessary to increase the share of renewable energy in the energy mix.

  17. Impact of innovations in national public health markets in Europe.

    PubMed

    McCarthy, Mark; Alexanderson, Kristina; Voss, Margaretha; Conceição, Claudia; Grimaud, Olivier; Narkauskaité, Laura; Katreniakova, Zuzana; Saliba, Amanda; Sammut, Marvic

    2013-11-01

    Social innovations can contribute to health and wellbeing. PHIRE (Public Health Innovation and Research in Europe) investigated the impacts at national level of innovation projects funded by the European Union Public Health Programme. Through the European Public Health Association, experts assessed the uptake of the eight public health projects, for 30 European countries. Their reports were assembled by country and, thereafter, national public health associations reviewed the reports. Following stakeholder workshops, or internal and external consultations, 11 national reports were produced which included discussion on the impacts of the public health innovations in national product markets. In 11 countries, there were reports on the eight innovations for 45 (51%) of the possible public health markets. The innovations contributed positively to policy, practice and research, across different levels and in different ways, in 35 (39%) market, while competing innovation activities were recorded in 10 (11%) markets. The workshops also discussed contributing factors and limitations in dissemination and timing for policy cycles. The impacts of European Union social innovations in public health markets can be identified through national discussions. Further attention should be given to understanding drivers and incentives for successful public health innovations.

  18. [Drugs in the European Union: the health-market complex].

    PubMed

    Antoñanzas, Fernando; Rodríguez, Roberto; Sacristán, José Antonio; Illa, Rafael

    2005-01-01

    To characterize the peculiar economic nature of the pharmaceutical market in the EU, to study potential groupings of countries based on several pharmaceutical variables, to analyze some recent regulations designed to create the single market, and to present some thoughts on the decision making process in public health from the perspective of current public health budgets. We performed an economic analysis of health and pharmaceutical macrovariables, cluster analysis, review of EU pharmaceutical and industrial regulations and review of pharmaceutical budgeting legislation in the member states. The pharmaceutical market of the EU was characterized and EU countries were classified into two principal groups according to 5 selected variables. EU regulations tend to promote R + D and drug production and thus the EU industrial sector is backed up. National regulations differ in terms of pricing and drugs reimbursement. The creation of a single market for drugs in the EU should take this regulatory diversity into account and seek equilibrium between economic factors and public health. This single market may be a dangerous strategy if it becomes a general dogma and even more so if deadlines are fixed and short.

  19. Evidence for under-reported western European emissions of the potent greenhouse gas HFC-23

    NASA Astrophysics Data System (ADS)

    Keller, Christoph A.; Brunner, Dominik; Henne, Stephan; Vollmer, Martin K.; O'Doherty, Simon; Reimann, Stefan

    2011-08-01

    Western European emission inventories of the potent greenhouse gas trifluoromethane (HFC-23) are validated at a country level by combining 2-hourly atmospheric in-situ measurements at Jungfraujoch (Switzerland) and Mace Head (Ireland) with Lagrangian transport simulations. HFC-23 has an atmospheric lifetime of ˜270 yr and a 100-yr global warming potential (GWP) of 14,800 and is unintentionally produced during the manufacture of chlorodifluoromethane (HCFC-22). For the study region we derive emissions of 144-216 Mg/yr for July 2008-July 2010, which are 60-140% higher than the official emissions gathered from the national reports for the year 2009. The largest discrepancy is found for Italy, where our estimate of 26-56 Mg/yr exceeds the national inventory (2.6 Mg/yr) by more than an order of magnitude. These findings suggest that non-reported emissions from Annex 1 countries partly explain the recently derived gap between global bottom-up and top-down HFC-23 emission estimates. The results presented here provide independent information to relevant authorities on effective reporting of HFC-23 emissions, and demonstrate the potential of atmospheric measurements for real-world verification of greenhouse gas emissions.

  20. World helicopter market study

    NASA Technical Reports Server (NTRS)

    Cleary, B.; Pearson, R. W.; Greenwood, S. W.; Kaplan, L.

    1978-01-01

    The extent of the threat to the US helicopter industry posed by a determined effort by foreign manufacturers, European companies in particular, to supply their own domestic markets and also to penetrate export markets, including the USA is assessed. Available data on US and world markets for civil and military uses are collated and presented in both graphic and tabular form showing the past history of production and markets and, where forecasts are available, anticipated future trends. The data are discussed on an item-by-item basis and inferences are drawn in as much depth as appears justified.

  1. Comovements in government bond markets: A minimum spanning tree analysis

    NASA Astrophysics Data System (ADS)

    Gilmore, Claire G.; Lucey, Brian M.; Boscia, Marian W.

    2010-11-01

    The concept of a minimum spanning tree (MST) is used to study patterns of comovements for a set of twenty government bond market indices for developed North American, European, and Asian countries. We show how the MST and its related hierarchical tree evolve over time and describe the dynamic development of market linkages. Over the sample period, 1993-2008, linkages between markets have decreased somewhat. However, a subset of European Union (EU) bond markets does show increasing levels of comovements. The evolution of distinct groups within the Eurozone is also examined. The implications of our findings for portfolio diversification benefits are outlined.

  2. 76 FR 36914 - Astoria Generating Company, L.P., NRG Power Marketing LLC, Arthur Kill Power LLC, Astoria Gas...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-06-23

    ... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. EL11-42-000] Astoria Generating Company, L.P., NRG Power Marketing LLC, Arthur Kill Power LLC, Astoria Gas Turbine Power LLC, Dunkirk Power LLC, Huntley Power LLC, Oswego Harbor Power LLC, TC Ravenswood, LLC, v. New York Independent System Operator, Inc. Notice of Revised...

  3. 76 FR 34692 - Astoria Generating Company, L.P., NRG Power Marketing LLC, Arthur Kill Power LLC, Astoria Gas...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-06-14

    ... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. EL11-42-000] Astoria Generating Company, L.P., NRG Power Marketing LLC, Arthur Kill Power LLC, Astoria Gas Turbine Power LLC, Dunkirk Power LLC, Huntley Power LLC, Oswego Harbor Power LLC, TC Ravenswood, LLC; v. New York Independent System Operator, Inc.; Notice of Complaint...

  4. 76 FR 36910 - Astoria Generating Company, L.P., NRG Power Marketing LLC, Arthur Kill Power LLC, Astoria Gas...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-06-23

    ... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. EL11-42-000] Astoria Generating Company, L.P., NRG Power Marketing LLC, Arthur Kill Power LLC, Astoria Gas Turbine Power LLC, Dunkirk Power LLC, Huntley Power LLC, Oswego Harbor Power LLC, TC Ravenswood, LLC. v. New York Independent System Operator, Inc.; Notice of Amendment t...

  5. Market entry mode and competency building of Western oil companies in the Russian up stream oil and gas industry

    NASA Astrophysics Data System (ADS)

    Stephenson, Paul M.

    This dissertation investigated the market entry and competency building strategies within the context of the Russian oil and gas industry. The study was designed to be of interest to business practitioners and academics given the growing importance of fossil fuel in the energy balance of the global economy and the importance of Russia as a supplier and purchaser in the international market. The study's mixed methodology provides an understanding on the environmental factors that are postulated to impact foreign direct investment flow into Russia and the oil and gas sector. A case study of a fictitiously named Western-Russo oil company was conducted to provide a deep understanding of how capability is viewed by Russian and Western employees and the factors that influences the implementation of a successful competency development program. The case was centered on the development of a Well-Site supervisor group within a Western-Russian oil company. Findings of the study showed that there was no correlation between corruption and foreign direct investment inflow into the Russian economy. The findings also showed that both Russian and Western employees in the oil and gas industry are less focused on nontechnical competency development issues, that Western employees are more orientated towards the bottom-line than Russian employees, and that both groups see operational management as a core competency. In the area of financial management and technology application, there were significant differences in the viewpoint of both groups. Western employees saw a stronger need for financial management and less need for technology application when compared to their Russian counterparts. The results have implications for Western business contemplating entering the Russian oil and gas industry. Western firms need to understand the key drivers that will help them overcome the social and cultural barriers between Western and Russian employees. The role of the company leader is very

  6. The Integration of Immigrants Into the Labour Markets of the EU. IAB Labour Market Research Topics.

    ERIC Educational Resources Information Center

    Werner, Heinz

    Integration of foreign workers into European Union (EU) labor markets was evaluated. Three indicators of labor market integration were analyzed: unemployment rate, employment rate, and self- employment rate. Results were drawn from the Labor Force Survey data compiled by Eurostat. Findings indicated that, in all EU countries, the unemployment rate…

  7. Offshore Europe 95: Securing the future: 12th Aberdeen-based conference & exhibition to examine future of European oil & gas industry

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    NONE

    1995-08-01

    Offshore Europe 95 - which will be held September 5-8, 1995, in Aberdeen, Scotland - was designed to generate interest across the oil and gas industry and to be relevant to everyone from CEOs to trainee engineers. While the European offshore oil and gas industry has had some remarkable success in reducing its costs, it faces difficult and growing challenges, and Offshore Eurpoe is the perfect opportunity for companies to learn from each other how to successfully face these hurdles. Sessions will be held on every aspect of the oil and gas industry and are organized under eight technical categories:more » drilling; exploration; management and economics; development and abandonment; well intervention; health, safety, and environment; production; and reservoir management. Much greater operating effectiveness and striking technological advances have enabled us to maintain reserves, prolong the lives of mature producing fields, and continue the pace of new development.« less

  8. Deregulation of the California electric power industry: An analysis of electric and natural gas corporate mergers and their effect on the California electric power market

    NASA Astrophysics Data System (ADS)

    Hornbuckle, James Dixon

    Deregulation of the electric utility industry in California is moving in a direction that places greater reliance on the market forces of competition. Investor owned utilities (IOU's) are using mergers and acquisitions to improve their ability to compete in this new environment. Two large mergers were proposed in 1996 that could affect the California market. The first is between Enron Corporation, a large power marketer and Portland General Corporation, owner of Portland General Electric. The second is between Pacific Enterprises Inc., owner of Southern California Gas Company, the largest natural gas utility in the U. S., and Enova Corporation, owner of San Diego Gas and Electric Company. Understanding the impact of these mergers on the California electric power market is the focus of this study. This study examines hypotheses dealing with: (1) Merger Strategy, (2) Efficiency, and (3) Market Power. Using the Miles and Snow (1978) typology, I develop a strategic orientation model for the merger participants and their competitors. The results suggest a two-stage strategic orientation: (1) regulated core business stage, where the firms follow a Defender strategy, and (2) unregulated business stage, where the firms follow a Prospector strategy. Further, the results show the mergers are consistent with the strategy of Enron and Pacific Enterprises. Event study methodology, dollar gains/losses and market value weighted returns are used to determine if the mergers support the efficiency hypothesis. The evidence suggests the mergers lead to increased competitive advantage through improved efficiency for the participants. The results also suggest the mergers do not harm the rivals. The results of structural changes made by the California Public Utilities Commission (CPUC) in deregulation of the California market and analysis of the mergers by the CPUC and the Public Utility Commission of Oregon suggest that the exercise of market power is not a significant issue. Finally

  9. Market impact and structure dynamics of the Chinese stock market based on partial correlation analysis

    NASA Astrophysics Data System (ADS)

    Li, Xing; Qiu, Tian; Chen, Guang; Zhong, Li-Xin; Wu, Xiao-Run

    2017-04-01

    Partial correlation analysis is employed to study the market impact on the Chinese stock market from both the native and external markets. Whereas the native market index is observed to have a great impact on the market correlations for both the Shanghai and Shenzhen stock markets, some external stock indices of the United States, European and Asian stock markets show a slight influence on the Chinese market. The individual stock can be affected by different economic sectors, but the dominant influence is from the sector the stock itself belongs to or closely related to, and the finance and insurance sector shows a weaker correlation with other economic sectors. Moreover, the market structure similarity exhibits a negative correlation with the price return in most time, and the structure similarity decays with the time interval.

  10. Role of natural gas in electric generation

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    VanScant, J.W.; Mespelli, K.L.

    1995-08-01

    The natural-gas industry must overcome significant operating, market, regulatory, and institutional barriers to meet projected demand growth between 1994 and 2005, according to Jeffrey W> VanSant, vice president the New England Power Company, and Kristine L. Mespelli, a fuel analyst with New England Power. An 85-percent increase in gas use for electric generation is expected to account for most of the overall growth in gas demand during the decade, as environmental policies increasingly favor the use of gas instead of other fossil fuels. Recent changes in the natural gas industry have posed challenges to power producers, however. For instance, restructuringmore » of pipeline services in 1992 caused more tightly controlled flow rates which are incompatible with the variable flow needs of electric generators. Another barrier to increased natural-gas use is its relatively undeveloped market, compared to coal and oil markets. In fact, say VanSant and Mespelli, the gas market in many consuming regions is characterized both by a lack of price transparency and limited access to buyers and sellers. Electric utilities can help make gas a viable fuel by maximizing dual-fuel capability, pooling gas purchases, building new business relationships, and improving electronic information networks to make transactions easier and faster.« less

  11. The European Space Agency's FESTIP initiative

    NASA Astrophysics Data System (ADS)

    Burleson, Daphne

    1998-01-01

    In an effort to reduce the cost of access and open up new markets, the European Space Agency has begun a program called Future European Space Transportation Investigations Programme or FESTIP, in which reusable launcher concepts are being studied and developed. The ideal reusable launcher would be comparable to a normal aircraft in that it would be capable of taking off from many possible locations on Earth, enter the desired orbital plane, then accelerate to orbital velocity, release its payload, de-orbit, disperse its kinetic energy and land at the take-off base to be prepared for its next flight following a quick turnaround time. This ideal vehicle would be called the `single-stage-to-orbit reusable rocket launcher' or SSTO-RRL. All space launchers currently in use are staged to orbit and expendable, except the US Space Shuttle, and there is no SSTO-RRL in operation as yet. This paper will discuss the design options being studied by the European Space Agency (ESA) as well as their practical use in serving the space-launch market (FESTIP Workshop 1).

  12. International Voluntary Renewable Energy Markets (Presentation)

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Heeter, J.

    2012-06-01

    This presentation provides an overview of international voluntary renewable energy markets, with a focus on the United States and Europe. The voluntary renewable energy market is the market in which consumers and institutions purchase renewable energy to match their electricity needs on a voluntary basis. In 2010, the U.S. voluntary market was estimated at 35 terawatt-hours (TWh) compared to 300 TWh in the European market, though key differences exist. On a customer basis, Australia has historically had the largest number of customers, pricing for voluntary certificates remains low, at less than $1 megawatt-hour, though prices depend on technology.

  13. [Dangers and risks of black market anabolic steroid abuse in sports --gas chromatography-mass spectrometry analyses].

    PubMed

    Ritsch, M; Musshoff, F

    2000-03-01

    Anabolic steroids have become increasingly popular among athletes even at subcompetitive or recreational level instead of extensive doping tests, educational campaigns and lethal incidents. Nowadays, the fitness boom has also produced a population of steroid users at high school level and also under non-sports practicing children. After opening the borders to East Europe an explosion of the black-market for anabolic steroids occurred. Beside the well-known side effects of anabolic steroids new problems and risks occurred due to fake drugs from the black market. This review ist subdivided into two parts: We provide a detailed review of the literature an anabolic steroids to the reader the information needed to make an informed decision an the relative risks and benefits of anabolic steroids. Secondly, we evaluated 40 "anabolic steroids" obtained from the black market using mass spectrometry or gas chromatography analysis to evaluate the real pharmacological compounds. As the results of this analysis, we found that 15 (37.5%) these drugs contained different or any pharmacological compounds as labeled. From the external packing, a differentiation between original and the fake drugs was impossible. Therefore, a large information and credibility gap concerning anabolic steroids particular those from the black market exists between the athletes and the medical and scientific communities. We believe that this gap can only be closed if both groups are be better informed about anabolic steroids.

  14. [Transnational solidarity? Cross-border heath-care in the European Union].

    PubMed

    Schmucker, R

    2010-03-01

    The responsibilities of the European Union surrounding public health are concentrated on co-ordinating and complementary practices. A mandatory European harmonization of standards and policies is in effect in only a few areas such as pharmaceutical authorization and health protection at the workplace. The implementation of single market rights over the national health-care systems (negative integration) is growing at the European level. This has ambivalent repercussions. Whilst the rights of patients on the basis of the four fundamental freedoms in the context of cross-border health-care have got stronger, national governments see themselves confronted with a limitation of scope for their health-care policies. The basic principles of the integration project place European pressure on national governments. They are subject to sanctions if their policies are not directly in accordance with the single market concept. Georg Thieme Verlag KG Stuttgart. New York.

  15. [New international migrations and migratory models in South European countries].

    PubMed

    De Filippo, E; Pugliese, E

    1996-01-01

    Trends in international migration in the Mediterranean European countries over the course of the 1980s are reviewed. "Particular attention is paid to the different factors that explain the arrival of these migratory fluxes during a period of economic recession and in areas where there is a co-presence of immigration, emigration and unemployment. The involvement of southern European countries as target countries for immigration is not seen as a simple consequence of the [restrictive policies] practiced in the Seventies by European countries with traditional immigration; the push towards these countries as well as the pull to the same are also considered, particularly the acceleration of the internationalization process of the labor markets, the characteristics of the labor markets, and processes of segmentation and tertiarization." (EXCERPT)

  16. Observations on Three Endpoint Properties and Their Relationship to Regulatory Outcomes of European Oncology Marketing Applications

    PubMed Central

    Stolk, Pieter; McAuslane, James Neil; Schellens, Jan; Breckenridge, Alasdair M.; Leufkens, Hubert

    2015-01-01

    Background. Guidance and exploratory evidence indicate that the type of endpoints and the magnitude of their outcome can define a therapy’s clinical activity; however, little empirical evidence relates specific endpoint properties with regulatory outcomes. Materials and Methods. We explored the relationship of 3 endpoint properties to regulatory outcomes by assessing 50 oncology marketing authorization applications (MAAs; reviewed from 2009 to 2013). Results. Overall, 16 (32%) had a negative outcome. The most commonly used hard endpoints were overall survival (OS) and the duration of response or stable disease. OS was a component of 91% approved and 63% failed MAAs. The most commonly used surrogate endpoints were progression-free survival (PFS), response rate, and health-related quality of life assessments. There was no difference (p = .3801) between the approved and failed MAA cohorts in the proportion of hard endpoints used. A mean of slightly more than four surrogate endpoints were used per approved MAA compared with slightly more than two for failed MAAs. Longer OS and PFS duration outcomes were generally associated with approvals, often when not statistically significant. The approved cohort was associated with a preponderance of statistically significant (p < .05) improvements in primary endpoints (p < .0001 difference between the approved and failed groups). Conclusion. Three key endpoint properties (type of endpoint [hard/surrogate], magnitude of an endpoint outcome, and its statistical significance) are consistent with the European Medicines Agency guidance and, notwithstanding the contribution of unique disease-specific circumstances, are associated with a predictable positive outcome for oncology MAAs. Implications for Practice: Regulatory decisions made by the European Medicines Agency determine which new medicines will be available to European prescribers and for which therapeutic indications. Regulatory success or failure can be influenced by many

  17. Observations on Three Endpoint Properties and Their Relationship to Regulatory Outcomes of European Oncology Marketing Applications.

    PubMed

    Liberti, Lawrence; Stolk, Pieter; McAuslane, James Neil; Schellens, Jan; Breckenridge, Alasdair M; Leufkens, Hubert

    2015-06-01

    Guidance and exploratory evidence indicate that the type of endpoints and the magnitude of their outcome can define a therapy's clinical activity; however, little empirical evidence relates specific endpoint properties with regulatory outcomes. We explored the relationship of 3 endpoint properties to regulatory outcomes by assessing 50 oncology marketing authorization applications (MAAs; reviewed from 2009 to 2013). Overall, 16 (32%) had a negative outcome. The most commonly used hard endpoints were overall survival (OS) and the duration of response or stable disease. OS was a component of 91% approved and 63% failed MAAs. The most commonly used surrogate endpoints were progression-free survival (PFS), response rate, and health-related quality of life assessments. There was no difference (p = .3801) between the approved and failed MAA cohorts in the proportion of hard endpoints used. A mean of slightly more than four surrogate endpoints were used per approved MAA compared with slightly more than two for failed MAAs. Longer OS and PFS duration outcomes were generally associated with approvals, often when not statistically significant. The approved cohort was associated with a preponderance of statistically significant (p < .05) improvements in primary endpoints (p < .0001 difference between the approved and failed groups). Three key endpoint properties (type of endpoint [hard/surrogate], magnitude of an endpoint outcome, and its statistical significance) are consistent with the European Medicines Agency guidance and, notwithstanding the contribution of unique disease-specific circumstances, are associated with a predictable positive outcome for oncology MAAs. Regulatory decisions made by the European Medicines Agency determine which new medicines will be available to European prescribers and for which therapeutic indications. Regulatory success or failure can be influenced by many factors. This study assessed three key properties of endpoints used in

  18. Natural gas: report from below 15,000 feet

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Myers, R.

    1982-06-14

    Just as the natural-gas industry disagrees on what is happening in the market as a result of deregulation, natural-gas producers perceive the future for deep gas according to when their contracts were sold and whether they have market-outs. Producers blame the pipeline companies for manipulating producers and gambling with prices. Ken Martin of the Martin Exploration Co. argues that long-term prospects are good because no new substantial reserves have been added and the recession has slowed the spurt in exploration. The softening in deep-gas prices affects producers differently because some regions have bail-out zones where shallower gas can be keptmore » for later marketing. (DCK)« less

  19. 18 CFR 284.505 - Market-based rates for storage providers without a market-power determination.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ... 18 Conservation of Power and Water Resources 1 2010-04-01 2010-04-01 false Market-based rates for storage providers without a market-power determination. 284.505 Section 284.505 Conservation of Power and... UNDER THE NATURAL GAS POLICY ACT OF 1978 AND RELATED AUTHORITIES Applications for Market-Based Rates for...

  20. Study of alternatives to the Natural Gas Policy Act of 1978

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Not Available

    1981-11-01

    This report presents the results of the Department of Energy's review of natural gas policies. Its purpose is to define and evaluate alternatives to current policy which deregulate the US natural gas market. The review was initiated in March of 1981 for three reasons. First, natural gas plays a critical role in US energy markets, accounting for 25 percent of US energy use. Second, oil and gas market conditions have changed considerably since current natural gas policies were established in 1978. Indeed, in recognition of these changes, Congress modified national policy on gas use during the budget reconciliation process. Third,more » the Administration is committed to evaluating whether the costs of massive Federal intervention into the operation of markets outweigh the benefits. This study focuses on the wellhead and incremental pricing provisions of the Natural Gas Policy Act of 1978 (NGPA). It seeks to quantify the costs and benefits of alternative natural gas strategies. Specifically, the study evaluates the impacts of proposals to modify the NGPA on: efficiency of natural gas markets; oil import levels and energy security; supply, demand, and price of natural gas; performance of the US economy; and consumer wellbeing. The consequences of current and alternative gas policies under mid-range assumptions about future conditions are presented in Chapters II-V. Substantial uncertainty, however, surrounds the future course of the US natural gas market.« less

  1. Natural gas in the energy industry of the 21st century

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Cuttica, J.

    1995-12-31

    This paper provides a gas industry perspective on the impacts of restructuring the natural gas and electric industries. The four main implications discussed are: (1) market trends, (2) strategic positioning, (3) significant market implications, and (4) issues for the future. Market trends discussed include transitioning rate of return to market competition and regulatory impacts. Significant market implications for gas-fired generation identified include limited new generation investment, extension of existing plants, and an opportunity for distributed power generation. 12 tabs.

  2. Childcare Markets in an Age of Austerity

    ERIC Educational Resources Information Center

    Lloyd, Eva; Penn, Helen

    2014-01-01

    Public support provided for European early childhood education and care (ECEC) systems varies considerably. European ECEC systems tend to form part of a mixed economy, in which the state, private-for-profit and private-not-for-profit providers all play a role in ECEC's provision, funding and regulation, representing a market model. ECEC…

  3. Modeling Flood Insurance Penetration in the European Non-Life Market: An Overview

    NASA Astrophysics Data System (ADS)

    Mohan, P.; Thomson, M.-K.; Das, A.

    2012-04-01

    Non-life property insurance plays a significant role in assessing and managing economic risk. Understanding the exposure, or property at risk, helps insurers and reinsurers to better categorize and manage their portfolios. However, the nature of the flood peril, in particular adverse selection, has led to a complex system of different insurance covers and policies across Europe owing to its public and private distinctions based on premiums provided as ex ante or ex post, socio-economic characterization and various compensation schemes. To model this significant level of complexity within the European flood insurance market requires not only extensive data research, close understanding of insurance companies and associations as well as historic flood events, but also careful evaluation of the flood hazard in terms of return periods and flood extents, and the economic/ financial background of the geographies involved. This abstract explores different approaches for modeling the flood insurance penetration rates in Europe depending on the information available and complexity involved. For countries which have either a regulated market with mandatory or high penetration rate, as for example found in the UK, France and Switzerland, or indeed countries with negligible insurance cover such as Luxembourg, assumptions about the penetration rates can be made at country level. However, in countries with a private insurance market, the picture becomes inherently more complex. For example in both Austria and Germany, flood insurance is generally restricted, associated with high costs to the insured or not available at all in high risk areas. In order to better manage flood risk, the Austria and German government agencies produced the risk classification systems HORA and ZÜRS, respectively, which categorize risk into four risk zones based on the exceedance probability of a flood occurrence. Except for regions that have preserved mandatory flood inclusion from past policies

  4. How Changing Energy Markets Affect Manufacturing

    EIA Publications

    2000-01-01

    The market for natural gas has been changing for quite some time. As part of natural gas restructuring, gas pipelines were opened to multiple users. Manufacturers or their representatives could go directly to the wellhead to purchase their natural gas, arrange the transportation, and have the natural gas delivered either by the local distribution company or directly through a connecting pipeline.

  5. European Union centralised procedure for marketing authorisation of oncology drugs: an in-depth review of its efficiency.

    PubMed

    Netzer, Tilo

    2006-03-01

    In the European Union (EU) 20 anticancer agents have been successfully authorised via the Centralised Procedure since its implementation in 1995. Public information on these 20 agents has been reviewed in order to evaluate the effectiveness of the available regulatory mechanisms to facilitate the marketing authorisation of such drugs in the EU. These mechanisms include orphan drug legislation, exceptional circumstances provision and the accelerated evaluation procedure. Based on the fact that the EU orphan drug legislation was not implemented before the year 2000 no conclusions on its effectiveness to facilitate oncology drug development can be drawn today. Much more data are available on the effects of the exceptional circumstances provision, which was used in 6 out of 10 cases over the past four years. An analysis of the clinical data packages indicates that this provision allows authorisation of innovative oncology drugs based on smaller clinical data sets than required for full approval. The accelerated evaluation procedure was used in only one case and significantly reduced the scientific review time at the EU agencies. However, this mechanism does not influence the administrative time at the authorities, which accounted for almost one-third of the overall duration of the EU marketing authorisation procedures for oncology drugs. Revision of the EU drug legislation brings about some changes to the above-described provisions, with the potential for an improvement in the current situation. Thus, its implementation offers the chance to reduce the time that innovative oncology agents take to reach the market, although -- based on experience with the current procedures -- more effort is likely to be required to achieve this goal.

  6. Lean NOx catalysis for gasoline fueled European cars

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    NONE

    1997-02-01

    There is increasing interest in operating gasoline fueled passenger cars lean of the stoichiometric air/fuel (A/F) ratio to improve fuel economy. These types of engines will operate at lean A/F ratios while cruising at partial load, and return to stoichiometric or even rich conditions when more power is required. The challenge for the engine and catalyst manufacturer is to develop a system which will combine the high activity rates of a state-of-the-art three-way catalyst (TWC) with the ability to reduce nitrogen oxides (NOx) in the presence of excess oxygen. The objective is to achieve the future legislative limits (EURO III/IV)more » in the European Union. Recent developments in automotive pollution control catalysis show that the use of NOx adsorption materials is a suitable way to reduce NOx emissions of gasoline-fueled lean-burn engines. However, the primary task for the implementation of this technology in the European market will be to improve the catalyst`s high-temperature stability and to decrease its susceptibility to sulfur poisoning. Outlined here are results of a recent R and D program to achieve NOx reduction under lean-burn gasoline engine conditions. Model gas test results as well as engine bench data are used for discussion of the parameters which control NOx adsorption efficiency under various conditions.« less

  7. Sonatrach prepares for greater exports of natural gas

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Taleb, M.

    1993-12-06

    Algeria is increasing its capacity to export natural gas in order to reinforce its strong position in the growing international market. The country's reserves are estimated at more than 3.6 trillion cu m. Algerian energy and development policy is based on a rational exploitation of this resource. A liquefield natural gas (LNG) pioneer, Algeria has one of the world's most important LNG production capacities. With a location encouraging export to nearby countries, Algeria has an important place in the world natural gas market and an exclusive role within its trading region. The effort will especially focus on southern Europe. Themore » paper discusses Algeria's growing role in international markets, as well as local markets.« less

  8. Biomass & Natural Gas Based Hydrogen Fuel For Gas Turbine (Power Generation)

    EPA Science Inventory

    Significant progress has been made by major power generation equipment manufacturers in the development of market applications for hydrogen fuel use in gas turbines in recent years. Development of a new application using gas turbines for significant reduction of power plant CO2 e...

  9. Market-driven automotive industry compliance with fuel economy and greenhouse gas standards: Analysis based on consumer choice

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Xie, Fei; Lin, Zhenhong

    This paper explored factors that affect market-driven compliance with both Corporate Average Fuel Economy (CAFE) and greenhouse gas (GHG) standards (together called the National Program) in the United States for phase I 2012–2016 and phase II 2017–2025. We considered a consumer-choice-based simulation approach, using the MA3T model, to estimate the market acceptance of fuel efficiency (FE) technologies and alternative fuel technologies as reflected by new sales of light-duty vehicle (LDV). Because both full and extremely low FE valuations are common in the literature, we use a moderate assumption of a 10-year perceived vehicle lifetime at a 7% annual discount ratemore » in the baseline and include both extreme views (5 years and 15 years) in the sensitivity analysis. The study focuses on market-driven compliance and therefore excludes manufacturers’ cross-subsidization. The model results suggest that the LDV industry is able to comply with both standards even without cross-subsidization and with projected high technology cost, mainly thanks to the multiple credit programs and technology advancements. The compliance robustness, while encouraging, however is based on moderate market assumptions, such as Annual Energy Outlook 2016 Reference oil price projection and moderate FE consumer valuation. Finally, sensitivity analysis results reveal two significant risk factors for compliance: low oil prices and consumers’ FE undervaluation.« less

  10. Market-driven automotive industry compliance with fuel economy and greenhouse gas standards: Analysis based on consumer choice

    DOE PAGES

    Xie, Fei; Lin, Zhenhong

    2017-06-09

    This paper explored factors that affect market-driven compliance with both Corporate Average Fuel Economy (CAFE) and greenhouse gas (GHG) standards (together called the National Program) in the United States for phase I 2012–2016 and phase II 2017–2025. We considered a consumer-choice-based simulation approach, using the MA3T model, to estimate the market acceptance of fuel efficiency (FE) technologies and alternative fuel technologies as reflected by new sales of light-duty vehicle (LDV). Because both full and extremely low FE valuations are common in the literature, we use a moderate assumption of a 10-year perceived vehicle lifetime at a 7% annual discount ratemore » in the baseline and include both extreme views (5 years and 15 years) in the sensitivity analysis. The study focuses on market-driven compliance and therefore excludes manufacturers’ cross-subsidization. The model results suggest that the LDV industry is able to comply with both standards even without cross-subsidization and with projected high technology cost, mainly thanks to the multiple credit programs and technology advancements. The compliance robustness, while encouraging, however is based on moderate market assumptions, such as Annual Energy Outlook 2016 Reference oil price projection and moderate FE consumer valuation. Finally, sensitivity analysis results reveal two significant risk factors for compliance: low oil prices and consumers’ FE undervaluation.« less

  11. Gradual upturn underway in paper, paperboard and woodpulp markets

    Treesearch

    Peter J. Ince; Bernard Lombard; Eduard Akim

    2002-01-01

    This chapter explains recent trends in European, North American and Russian paper and paperboard markets, along with trends in woodpulp and fibre markets. These market trends related to pulpwood use trends which are discussed in preceding chapters in the context of overall trends in wood raw material use. This chapter also reports UNECE/FAO statistics for pulp, paper...

  12. Land mobile satellite communication system. Volume 2: Traffic analysis and market demand for the land mobile communications system in the European scenario

    NASA Astrophysics Data System (ADS)

    Carnebianca, C.; Pavesi, B.; Tuozzi, A.; Capone, R.

    1986-06-01

    The socioeconomic desirability in terms of market demand, technical economic feasibility, and price-performance for a Land Mobile Communication system ground based and/or satellite aided, able to satisfy the request of the traffic demand, foreseable in the 1995-2005 time frame, for the Western European countries was assessed. The criterion of economic value of the mobile system is considered as the driving element. The presence of gaps in the terrestrial system and reasonable traffic extrapolations suggest a very attractive role for a land mobile satellite communications mission.

  13. European Science Notes Information Bulletin Reports on Current European/Middle Eastern Science

    DTIC Science & Technology

    1990-02-01

    Exploitation and Optimum Use of discussed the relationship of the Framework program to Biological Resources the 1992 single European market. This...operation: Shared-cost contracts]. hancement of food quality; (2) food hygiene, safety, and D. The Exploitation and optimum use or Biological toxicology...Table 9), and dis- bracing the biological sciences, agriculture, geologi- semination of research results (see Table 10). cal, and marine and deep sea

  14. Incentives for market penetration of biosimilars in Belgium and in five European countries.

    PubMed

    Swartenbroekx, N; Farfan-Portet; Espín, J; Gerkens, S

    2014-12-01

    Biosimilars are products similar to a biological already authorized and no longer protected by a patent. As the biological product, they contain a biological substance produced by or derived from a living organism. Alike with generics, biosimilars are potential tool to ensure savings for health systems. The current lack of market penetration of biosimilars may be seen by national authorities as a lost opportunity in terms of cost- containment. The objective of this paper is therefore to analyze the current situation in Belgium and to identify potential measures to stimulate biosimilar uptake in Belgium through an analysis of the experience in five European countries: France, Germany, The Netherlands, Spain and Sweden. This international comparison was performed using a two steps analysis: a structured review of the literature followed by a validation from experts in each country. Potential incentives and constraints were identified, i.e., prescription quotas/target, clinical guidelines, primary substitution, reference price system, fixed payment and public tendering. However, the literature reviewed provided little evaluation of the effectiveness of these policies in terms of biosimilar uptake or potential savings. The impact of these policies on biosimilar related savings is currently based on expectation and assumptions. Such kind of studies is therefore essential in the future.

  15. Bioethanol from poplar: a commercially viable alternative to fossil fuel in the European Union.

    PubMed

    Littlewood, Jade; Guo, Miao; Boerjan, Wout; Murphy, Richard J

    2014-01-01

    The European Union has made it a strategic objective to develop its biofuels market in order to minimize greenhouse gas (GHG) emissions, to help mitigate climate change and to address energy insecurity within the transport sector. Despite targets set at national and supranational levels, lignocellulosic bioethanol production has yet to be widely commercialized in the European Union. Here, we use techno-economic modeling to compare the price of bioethanol produced from short rotation coppice (SRC) poplar feedstocks under two leading processing technologies in five European countries. Our evaluation shows that the type of processing technology and varying national costs between countries results in a wide range of bioethanol production prices (€0.275 to 0.727/l). The lowest production prices for bioethanol were found in countries that had cheap feedstock costs and high prices for renewable electricity. Taxes and other costs had a significant influence on fuel prices at the petrol station, and therefore the presence and amount of government support for bioethanol was a major factor determining the competitiveness of bioethanol with conventional fuel. In a forward-looking scenario, genetically engineering poplar with a reduced lignin content showed potential to enhance the competitiveness of bioethanol with conventional fuel by reducing overall costs by approximately 41% in four out of the five countries modeled. However, the possible wider phenotypic traits of advanced poplars needs to be fully investigated to ensure that these do not unintentionally negate the cost savings indicated. Through these evaluations, we highlight the key bottlenecks within the bioethanol supply chain from the standpoint of various stakeholders. For producers, technologies that are best suited to the specific feedstock composition and national policies should be optimized. For policymakers, support schemes that benefit emerging bioethanol producers and allow renewable fuel to be

  16. Heterogeneity of the environmental regulation of industrial wastewater: European wineries.

    PubMed

    Román-Sánchez, Isabel M; Aznar-Sánchez, José A; Belmonte-Ureña, Luis J

    2015-01-01

    The European legislation of the pollution of industrial wastewater shows a high degree of heterogeneity. This fact implies that there is a market failure with relevant consequences. Within the European Union, each Member State performs a specific transposition of the Water Framework Directive 2000/60. The member states introduce different sanitation fees to correct water pollution. In this paper, the case of the European wine industry is analyzed. It studies the sanitation fees of the five major wine producing countries: France, Italy, Spain, Germany and Portugal. Results show significant differences among the wastewater fees and the study reveals how such heterogeneity leads to relevant market distortions. The research concludes that more homogeneous environmental regulation would promote more sustainable wine production processes with more efficient water management and purification systems, as well as the introduction of cutting edge technologies.

  17. Deodorants on the European market: quantitative chemical analysis of 21 fragrances.

    PubMed

    Rastogi, S C; Johansen, J D; Frosch, P; Menné, T; Bruze, M; Lepoittevin, J P; Dreier, B; Andersen, K E; White, I R

    1998-01-01

    Deodorants are one of the most frequently used types of cosmetics and side-effects from them are common. Recent studies relate perfume allergy to this type of product. 73 deodorants were analyzed by gas chromatography--mass spectrometry for the determination of the contents of 7 wellknown fragrance allergens from the fragrance mix and 14 other commonly used fragrance materials. The deodorants were purchased at retail outlets in 5 European countries. It was found that in general, fragrance mix ingredients were more frequently present in vapo- and aerosol sprays than in roll-on products. The levels of the fragrance mix substances ranged from 0.0001-0.2355%. The products investigated contained cinnamic aldehyde and isoeugenol less frequently (17% and 29% respectively), and eugenol and geraniol most frequently (57% and 76% respectively). The 14 other fragrance materials were found in 40-97% of the deodorants, with hedione and benzyl acetate the most frequently found substances. The concentration of these 14 substances ranged from 0.0001-2.7%. It is concluded that the levels of cinnamic aldehyde and isoeugenol found in the deodorants could prove to be relevant for elicitation of contact dermatitis. No conclusions could be drawn about the other fragrance mix constituents, as threshold levels in sensitized individuals have not been investigated. Furthermore, all of the fragrance materials investigated were frequently found in deodorants and, apart from the fragrance mix ingredients, the extent of problems with sensitization to these fragrance materials is largely unknown.

  18. Education and European integration

    NASA Astrophysics Data System (ADS)

    Lowe, John

    1992-11-01

    The main purpose of this article is to discuss the implications for education and training of the movement towards integration in Europe in the historic context of the creation of a single market within the European Community (EC) and the end of the Communist regimes in Central and Eastern Europe. The experience of the EC is used to illustrate trends and problems in the development of international cooperation in education and training. Common concerns and priorities throughout the new Europe are then identified and discussed. These include the pursuit of quality in schooling, efforts to serve the interests of disadvantaged learners, and the treatment of European Studies in the curriculum, including the improvement of the teaching of foreign languages.

  19. European Marketing Authorizations Granted Based on a Single Pivotal Clinical Trial: The Rule or the Exception?

    PubMed

    Morant, Anne Vinther; Vestergaard, Henrik Tang

    2018-07-01

    A minimum of two positive, adequate, and well-controlled clinical trials has historically been the gold standard for providing substantial evidence to support regulatory approval of a new medicine. Nevertheless, the present analysis of European Marketing Authorizations granted between 2012 and 2016 showed that 45% of new active substances were approved based on a single pivotal clinical trial. For therapeutic areas such as oncology and cardiovascular diseases, approvals based on a single pivotal trial are the rule rather than the exception, whereas new medicines within the nervous system area were generally supported by two or more pivotal trials. While overall similar trends have been observed in the US, the recent US Food and Drug Administration approvals of nervous system medicines based on a single pivotal trial suggest that a case-by-case scientific evaluation of the totality of evidence is increasingly applied to facilitate faster access of new medicines to patients suffering from serious diseases. © 2017 American Society for Clinical Pharmacology and Therapeutics.

  20. Marketing Status and Perceived Efficacy of Drugs for Supporting Abstinence and Reducing Alcohol Intake in Alcohol Use Disorders: A Survey among European Federation of Addiction Societies in Europe.

    PubMed

    Bramness, Jørgen G; Mann, Karl; Wurst, Friedrich M

    2016-01-01

    Acamprosate, disulfiram (DIS), naltrexone and nalmefene can be used in treating alcohol use disorders. The drugs are, however, underutilized. In this survey of marketing status and perceived efficacy, member societies of the European federation for addiction societies were asked to report on the status of these drugs in their country. Results were obtained from 20 European countries showing that the drugs were registered in most countries. The drugs were mentioned in guidelines in approximately half and were partially or fully reimbursed in half to two-thirds countries. DIS was perceived as the most efficacious drug. These results are discussed. © 2016 S. Karger AG, Basel.

  1. Impact of Demographic Change on Education Systems in the European Community.

    ERIC Educational Resources Information Center

    European Journal of Education, 1981

    1981-01-01

    A paper prepared by a committee of EURYDICE, the Educational Information Network in the European Community, is presented. The impact of demographic change on the future development of European societies, including the development of national economies, the labor market, and the whole social system are discussed. (Author/MLW)

  2. Overcoming Barriers to the Market Access of Biosimilars in the European Union: The Case of Biosimilar Monoclonal Antibodies.

    PubMed

    Moorkens, Evelien; Jonker-Exler, Clara; Huys, Isabelle; Declerck, Paul; Simoens, Steven; Vulto, Arnold G

    2016-01-01

    In 2014, six of the top ten blockbuster medicines were monoclonal antibodies. This multibillion-dollar market with expiring patents is the main driver for the development of biosimilar mAbs. With the ever-increasing cost of healthcare and the economic pressure to reduce or sustain healthcare expenses, biosimilars could be instrumental in reducing costs for medication and increasing patient access to treatment. The aim of this study is to identify and describe the barriers to market access of biosimilar mAbs in the European Union and to analyze how these barriers could be overcome. A narrative literature review was carried out using the databases PubMed, Embase, and EconLit. Studies were published in English or Dutch. Additionally, the reference list of the articles was checked for relevant studies. Articles and conference papers known to the authors were included as well. Articles were also identified by searching on the website of the Generics and Biosimilars Initiative (GaBI) journal. Six barriers were identified based on available literature: The manufacturing process, the regulatory process, intellectual property rights, lack of incentive, the impossibility of substitution, and the innovator's reach. These six barriers are presented as a possible framework to study the market access of biosimilar mAbs. Based on the literature search, recommendations can be made to overcome these barriers: (i) invest initially in advanced production processes with the help of single-use technology, experience or outsourcing (ii) gain experience with the regulatory process and establish alignment between stakeholders (iii) limit patent litigation, eliminate evergreening benefits, build out further the unitary patent and unified patent litigation system within the EU (iv) create demand-side policies, disseminate objective information (v) change attitude toward biosimilar switching/substitution, starting with physician, and patient education (vi) differentiate the biosimilar by

  3. Overcoming Barriers to the Market Access of Biosimilars in the European Union: The Case of Biosimilar Monoclonal Antibodies

    PubMed Central

    Moorkens, Evelien; Jonker-Exler, Clara; Huys, Isabelle; Declerck, Paul; Simoens, Steven; Vulto, Arnold G.

    2016-01-01

    Background: In 2014, six of the top ten blockbuster medicines were monoclonal antibodies. This multibillion-dollar market with expiring patents is the main driver for the development of biosimilar mAbs. With the ever-increasing cost of healthcare and the economic pressure to reduce or sustain healthcare expenses, biosimilars could be instrumental in reducing costs for medication and increasing patient access to treatment. Objectives: The aim of this study is to identify and describe the barriers to market access of biosimilar mAbs in the European Union and to analyze how these barriers could be overcome. Methods: A narrative literature review was carried out using the databases PubMed, Embase, and EconLit. Studies were published in English or Dutch. Additionally, the reference list of the articles was checked for relevant studies. Articles and conference papers known to the authors were included as well. Articles were also identified by searching on the website of the Generics and Biosimilars Initiative (GaBI) journal. Results: Six barriers were identified based on available literature: The manufacturing process, the regulatory process, intellectual property rights, lack of incentive, the impossibility of substitution, and the innovator's reach. These six barriers are presented as a possible framework to study the market access of biosimilar mAbs. Based on the literature search, recommendations can be made to overcome these barriers: (i) invest initially in advanced production processes with the help of single-use technology, experience or outsourcing (ii) gain experience with the regulatory process and establish alignment between stakeholders (iii) limit patent litigation, eliminate evergreening benefits, build out further the unitary patent and unified patent litigation system within the EU (iv) create demand-side policies, disseminate objective information (v) change attitude toward biosimilar switching/substitution, starting with physician, and patient

  4. Education and Labour Market Entry across Europe: The Impact of Institutional Arrangements in Training Systems and Labour Markets. Working Papers = Arbeitspapiere.

    ERIC Educational Resources Information Center

    Gangl, Markus

    Education is the main resource for obtaining employment for young people entering the labor market. European countries differ widely in the institutional structure of their education and training systems and labor markets in that different resources are provided to school-leavers entering into working life in different countries and these new…

  5. Life cycle greenhouse gas emissions from U.S. liquefied natural gas exports: implications for end uses.

    PubMed

    Abrahams, Leslie S; Samaras, Constantine; Griffin, W Michael; Matthews, H Scott

    2015-03-03

    This study analyzes how incremental U.S. liquefied natural gas (LNG) exports affect global greenhouse gas (GHG) emissions. We find that exported U.S. LNG has mean precombustion emissions of 37 g CO2-equiv/MJ when regasified in Europe and Asia. Shipping emissions of LNG exported from U.S. ports to Asian and European markets account for only 3.5-5.5% of precombustion life cycle emissions, hence shipping distance is not a major driver of GHGs. A scenario-based analysis addressing how potential end uses (electricity and industrial heating) and displacement of existing fuels (coal and Russian natural gas) affect GHG emissions shows the mean emissions for electricity generation using U.S. exported LNG were 655 g CO2-equiv/kWh (with a 90% confidence interval of 562-770), an 11% increase over U.S. natural gas electricity generation. Mean emissions from industrial heating were 104 g CO2-equiv/MJ (90% CI: 87-123). By displacing coal, LNG saves 550 g CO2-equiv per kWh of electricity and 20 g per MJ of heat. LNG saves GHGs under upstream fugitive emissions rates up to 9% and 5% for electricity and heating, respectively. GHG reductions were found if Russian pipeline natural gas was displaced for electricity and heating use regardless of GWP, as long as U.S. fugitive emission rates remain below the estimated 5-7% rate of Russian gas. However, from a country specific carbon accounting perspective, there is an imbalance in accrued social costs and benefits. Assuming a mean social cost of carbon of $49/metric ton, mean global savings from U.S. LNG displacement of coal for electricity generation are $1.50 per thousand cubic feet (Mcf) of gaseous natural gas exported as LNG ($.028/kWh). Conversely, the U.S. carbon cost of exporting the LNG is $1.80/Mcf ($.013/kWh), or $0.50-$5.50/Mcf across the range of potential discount rates. This spatial shift in embodied carbon emissions is important to consider in national interest estimates for LNG exports.

  6. Essays on the economics of natural gas pipelines

    NASA Astrophysics Data System (ADS)

    Oliver, Matthew E.

    The natural gas pipeline transportation industry is comprised of a primary market and a secondary market. In the primary market, pipelines sell 'firm' transport capacity contracts to gas traders, local distribution companies, and other parties. The (per unit) secondary market value of transport is rarely comparable to the regulated primary market two-part tariff. When and where available capacity in the secondary market is scarce, its value can far exceed the primary market tariffs paid by firm contract holders, generating scarcity rents. The following essays demonstrate that this phenomenon has predictable effects on natural gas spot prices, firm capacity reservations, the pipeline's capacity construction and expansion decisions, and the economic welfare of producers and consumers at the market hubs connected by the pipeline. Chapter 1 provides a theoretical framework for understanding how pipeline congestion affects natural gas spot prices within the context of the current regulatory environment, and empirically quantifies this effect over a specific regional pipeline network. As available pipeline capacity over a given route connecting two hubs becomes scarce, the spot prices for gas at the hubs are driven apart---a phenomenon indicative of some market friction that inhibits the ability of spot price arbitrage to fully integrate the two prices, undermining economic efficiency. The theoretical component of Chapter 1 illuminates a potential source of this friction: the deregulated structure of the secondary market for gas transportation services. To support and quantify the predictions of the theoretical model, the empirical component demonstrates that the effect of congestion on the secondary market value of transport---the key factor in driving apart spot prices---can be quite strong. Coefficient estimates indicate that dramatic increases in transport costs are likely to result from marginal increases in congestion. This result has important implications because

  7. Commercial possibilities for stranded conventional gas from Alaska's North Slope

    USGS Publications Warehouse

    Attanasi, E.D.; Freeman, P.A.

    2014-01-01

    Stranded gas resources are defined for this study as gas resources in discrete accumulations that are not currently commercially producible, or producible at full potential, for either physical or economic reasons. Approximately 35 trillion cubic feet (TCF) of stranded gas was identified on Alaska’s North Slope. The commercialization of this resource requires facilities to transport gas to markets where sales revenue will be sufficient to offset the cost of constructing and operating a gas delivery system. With the advent of the shale gas revolution, plans for a gas pipeline to the conterminous US have been shelved (at least temporarily) and the State and resource owners are considering a liquefied natural gas (LNG) export project that targets Asian markets. This paper focuses on competitive conditions for Asian gas import markets by estimating delivered costs of competing supplies from central Asia, Russia, Indonesia, Malaysia, and Australia in the context of a range of import gas demand projections for the period from 2020 to 2040. These suppliers’ costs are based on the cost of developing, producing, and delivering to markets tranches of the nearly 600 TCF of recoverable gas from their own conventional stranded gas fields. The results of these analyses imply that Alaska’s gas exports to Asia will likely encounter substantial competitive challenges. The sustainability of Asia’s oil-indexed LNG pricing is also discussed in light of a potentially intense level of competition.

  8. Interaction between gas cooking and GSTM1 null genotype in bronchial responsiveness: results from the European Community Respiratory Health Survey

    PubMed Central

    Amaral, André F S; Ramasamy, Adaikalavan; Castro-Giner, Francesc; Minelli, Cosetta; Accordini, Simone; Sørheim, Inga-Cecilie; Pin, Isabelle; Kogevinas, Manolis; Jõgi, Rain; Balding, David J; Norbäck, Dan; Verlato, Giuseppe; Olivieri, Mario; Probst-Hensch, Nicole; Janson, Christer; Zock, Jan-Paul; Heinrich, Joachim; Jarvis, Deborah L

    2014-01-01

    Background Increased bronchial responsiveness is characteristic of asthma. Gas cooking, which is a major indoor source of the highly oxidant nitrogen dioxide, has been associated with respiratory symptoms and reduced lung function. However, little is known about the effect of gas cooking on bronchial responsiveness and on how this relationship may be modified by variants in the genes GSTM1, GSTT1 and GSTP1, which influence antioxidant defences. Methods The study was performed in subjects with forced expiratory volume in one second at least 70% of predicted who took part in the multicentre European Community Respiratory Health Survey, had bronchial responsiveness assessed by methacholine challenge and had been genotyped for GSTM1, GSTT1 and GSTP1-rs1695. Information on the use of gas for cooking was obtained from interviewer-led questionnaires. Effect modification by genotype on the association between the use of gas for cooking and bronchial responsiveness was assessed within each participating country, and estimates combined using meta-analysis. Results Overall, gas cooking, as compared with cooking with electricity, was not associated with bronchial responsiveness (β=−0.08, 95% CI −0.40 to 0.25, p=0.648). However, GSTM1 significantly modified this effect (β for interaction=−0.75, 95% CI −1.16 to −0.33, p=4×10−4), with GSTM1 null subjects showing more responsiveness if they cooked with gas. No effect modification by GSTT1 or GSTP1-rs1695 genotypes was observed. Conclusions Increased bronchial responsiveness was associated with gas cooking among subjects with the GSTM1 null genotype. This may reflect the oxidant effects on the bronchi of exposure to nitrogen dioxide. PMID:24613990

  9. Venezuela`s gas industry poised for long term growth

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Croft, G.D.

    1995-06-19

    Venezuela`s enormous gas resource, combined with a new willingness to invite outside investment, could result in rapid growth in that industry into the next century. The development of liquefied natural gas exports will depend on the future course of gas prices in the US and Europe, but reserves are adequate to supply additional projects beyond the proposed Cristobal Colon project. Venezuela`s gas reserves are likely to increase if exploration for nonassociated gas is undertaken on a larger scale. The paper discusses gas reserves in Venezuela, internal gas markets, the potential for exports, competition from Trinidad, LNG export markets, and themore » encouragement of foreign investment in the gas industry of Venezuela.« less

  10. Emissions markets, power markets and market power: A study of the interactions between contemporary emissions markets and deregulated electricity markets

    NASA Astrophysics Data System (ADS)

    Dormady, Noah Christopher

    Chapter 1: A Monte Carlo Approach. The use of auctions to distribute tradeable property rights to firms in already heavily concentrated markets may further exacerbate the problems of market power that exist within those markets. This chapter provides a model of a two-stage emissions market modeled after a contemporary regional permit trading market in the United States, the Regional Greenhouse Gas Initiative, Inc. (RGGI). It then introduces Oligopsony 1.0, a C# software package constructed in the .NET environment that simulates uniform-price auctions using stochastic Monte Carlo simulation for modeling market power in tradeable property rights auctions. Monte Carlo methods add a probabilistic element to standard auction theoretic equilibria. The results of these simulations indicate that there can be significant non-linearities between profit and market power as exercised through strategic demand reduction. This analysis finds the optimum point of strategic demand reduction that enables the firm to exploit these non-linearities, and it determines the probability distributions of these optima using kernel density analysis. Chapter 2: An Experimental Approach. How will emerging auction-based emissions markets function within the context of today's deregulated auction-based electricity markets? This chapter provides an experimental analysis of a joint energy-emissions market. The impact of market power and collusion among dominant firms is evaluated to determine the extent to which an auction-based tradeable permit market influences performance in an adjacent electricity market. The experimental treatment design controls for a variety of real-world institutional features, including variable demand, permit banking, inter-temporal (multi-round) dynamics, a tightening cap, and resale. Results suggest that the exercise of market power significantly increases electricity auction clearing prices, without significantly increasing emissions

  11. Meeting the challenges to European healthcare: lessons learned from the 'Stockholm Revolution'.

    PubMed

    Hjertqvist, Johan

    2002-01-01

    Healthcare is a political 'hot potato' in Sweden, just as it is throughout Europe. Regardless of whether the focus is on the 'Swedish model' or a 'European model', the operative term should be 'Culture - a set of values common to European healthcare systems'. An analysis of change and challenge in European healthcare systems must examine these values in the context of technological and societal forces before addressing the overarching concerns of where the money will come from. Discussion of the reform evidenced by the 'Stockholm Revolution' will serve as a model of how European healthcare systems can adapt to new conditions by the following approaches: modernising services through incentives; making the consumer a partner by focusing on consumer-related outcomes; building employee networks that encourage responsibility and problem solving; making healthcare an attractive labour market; and creating self-employment opportunities in the healthcare market to increase efficiency and emphasis on consumer satisfaction.

  12. Effectiveness of social marketing strategies to reduce youth obesity in European school-based interventions: a systematic review and meta-analysis

    PubMed Central

    Aceves-Martins, Magaly; Llauradó, Elisabet; Tarro, Lucia; Moreno-García, Carlos Francisco; Trujillo Escobar, Tamy Goretty; Giralt, Montse

    2016-01-01

    Context: The use of social marketing to modify lifestyle choices could be helpful in reducing youth obesity. Some or all of the 8 domains of the National Social Marketing Centre’s social marketing benchmark criteria (SMBC) are often used but not always defined in intervention studies. Objective: The aim of this review is to assess the effectiveness of European school-based interventions to prevent obesity relative to the inclusion of SMBC domains in the intervention. Data Sources: The PubMed, Cochrane, and ERIC databases were used. Study Selection: Nonrandomized and randomized controlled trials conducted from 1990 to April 2014 in participants aged 5 to 17 years were included. Data Extraction: After the study selection, the 8 domains of the SMBC were assessed in each included study. Results: Thirty-eight publications were included in the systematic review. For the meta-analysis, randomized controlled trials (RCTs) reporting body mass index or prevalence of overweight and obesity were considered. Eighteen RCTs with a total of 8681 participants included at least 5 SMBC. The meta-analysis showed a small standardized mean difference in body mass index of −0.25 (95%CI, −0.45 to −0.04) and a prevalence of overweight and obesity odds ratio of 0.72 (95%CI, 0.5–0.97). Conclusion: Current evidence indicates that the inclusion of at least 5 SMBC domains in school-based interventions could benefit efforts to prevent obesity in young people. PROSPERO registration number: CRD42014007297. PMID:27018054

  13. Standardizing the European Education Policy Space

    ERIC Educational Resources Information Center

    Lawn, Martin

    2011-01-01

    Countries in Europe, through the European Union, are creating, as part of the market and its governance, a new policy space in education. It is being formed through law, regulation, networking and harmonization. The development of standards across the different fields of policy, statistical calculation and commerce underpins and extends the…

  14. [Use of nutrition marketing in products advertised on TV in Spain].

    PubMed

    Cuevas-Casado, I; Romero-Fernández, M M; Royo-Bordonada, M Á

    2012-01-01

    Nutrition marketing has generated a great amount of consumer interest; however, improper use of this type of marketing could mislead consumers. To describe the frequency and proper use in Spain of nutrition marketing for products advertised on television while analyzing their nutrient profile for comparison. Advertised food and drink products included in the study were selected after watching 80 hours of broadcasting of 4 Spanish television channels during May and June 2008. Upon purchase of the selected items, we estimated the frequency of use of the different nutrition marketing approaches, the proportion of nutritional and health claims meeting European regulations, and the proportion of less healthy products according to the United Kingdom Nutrient Profile Model UKNPM. Of the 88 products examined, 74% used nutrition marketing approaches. Half of the advertisements made nutrition claims and 42% health claims. The majority (89%) of the 83 nutrition claims met European regulations, with the category of "light products" being the least compliant with only 25% of products meeting regulations. Of the 37 product advertisements making health claims, 43% used authorized statements, of which, however, 75% also included unauthorized claims. Nutrient profile was less healthy in 55% of the products resorting to nutrition marketing. Lack of compliance with European regulations regarding nutrition and health claims, combined with the "less healthy" nutrient profile of many of the products marketed using these claims, may mislead Spanish consumers. To avoid this misinformation, it would be beneficial to: a) monitor level of adherence to regulations systematically; and b) introduce the use of nutrient profiles to approve these types of claims.

  15. European Economic and Monetary Union: Why Should We Care?

    DTIC Science & Technology

    1992-04-15

    economic, if not political unification, that calls for a single market, a central european bank and a single currency. Why, in one short decade, did the EC...directives to eliminate fiscal and technical barriers to trade, services, banking , insurance, transportation, and securities transactions. The Single...implications. A logical outgrowth of this is the establishment of a single european currency and a central bank to issue this currency. These are 12

  16. Older Workers in the European Community, Japan, and Canada.

    ERIC Educational Resources Information Center

    Drury, Elizabeth; And Others

    1993-01-01

    Includes "Older Workers in the European Community: Pervasive Discrimination, Little Awareness" (Drury); "Aging Workers in Japan: From Reverence to Redundance" (Takada); and "Canada's Labor Market: Older Workers Need Not Apply" (David). (JOW)

  17. European Study Tour Applications of Experiential Learning Processes in Marketing Education

    ERIC Educational Resources Information Center

    Petkus, Ed, Jr.

    2008-01-01

    This article reports on an application of Kolb's (1981; 1984) experiential learning cycle in the context of international marketing education. Two study tours, in which International Marketing students at a U.S. college visited various cities in Europe, are described, with an emphasis on the ways in which differences in the structure of the tours…

  18. Market uptake of biologic and small-molecule--targeted oncology drugs in Europe.

    PubMed

    Obradovic, Marko; Mrhar, Ales; Kos, Mitja

    2009-12-01

    The aim of this study was to investigate the market uptake of biologic and small-molecule-targeted oncology drugs in Europe. Targeted oncology drugs that were used in one of the selected European countries before the end of 2007 were eligible for inclusion in the analysis. The following European countries were included: Austria, Croatia, France, Germany, Hungary, Italy, Slovenia, and the United Kingdom. Monetary market uptake of targeted oncology drugs was assessed by using sales data (in euros) obtained from 2 large data- bases for the period 1997-2007. Market uptake was assessed in terms of expenditures for specific drugs in euros per capita and in market shares. The monetary market uptake of targeted oncology drugs had an exponential growth from 1997 to 2007 in all comparison countries and reached 40% of the total oncology drug market in 2007. Although the various European countries allocate substantially different amounts of resources per capita for oncology drugs, the share of expenditures attributed to targeted oncology drugs did not differ substantially among the countries. Biologic molecules were used in clinical practice before the small-molecule-targeted oncology drugs. Targeted oncology drugs that were introduced first to clinical practice in most of the comparison countries (ie, rituximab, trastuzumab, imatinib mesylate) maintained the leading positions on the market throughout the period of the analysis. In 2007, approximately 25% of all expenditures for oncology drugs were attributed to biologic oncology drugs, and approximately 15% were spent on small-molecule-targeted oncology drugs. Expenditures on targeted oncology drugs have been increasing exponentially in Europe throughout the past decade and have reached a 40% share of the oncology drug market. As of 2007, the market share of biologic oncology drugs was higher than the market share of small-molecule-targeted oncology drugs. Copyright 2009 Excerpta Medica Inc. All rights reserved.

  19. High level of mislabeling in Spanish and Greek hake markets suggests the fraudulent introduction of African species.

    PubMed

    Garcia-Vazquez, Eva; Perez, Juliana; Martinez, Jose L; Pardiñas, Antonio F; Lopez, Belen; Karaiskou, Nikoletta; Casa, Mary F; Machado-Schiaffino, Gonzalo; Triantafyllidis, Alexander

    2011-01-26

    DNA analysis of hake products commercialized in southern European (Spanish and Greek) market chains have demonstrated more than 30% mislabeling, on the basis of species substitution. Tails and fillets were more mislabeled than other products, such as slices and whole pieces. African species were substitute species for products labeled as American and European species, and we suggest it is a case of deliberate economically profitable mislabeling because real market prices of European and American hake products are higher than those of African in Spanish market chains. The presented results suggest fraud detection that disadvantages African producers. Government-mandated genetic surveys of commercial hakes and the use of subsequent statements of fair trade on labels of seafood products could help to reduce fraud levels in a global market of increasingly conscious consumers sensitive to ethical issues.

  20. [Health and the market].

    PubMed

    Vecchio, C

    2000-09-01

    The main problem facing the health systems in all western countries is the curbing of their rising costs. This fact represents a serious risk for the stability of any health system. Free-trade solutions, founded on market-driven systems, do not seem to be capable of preserving the peculiarity of all the national European health systems, characterized by universalism and public management, together with efficacy and effectiveness. The market spurs the demand but does not reduce the costs. Its main social danger is that it may give rise to a two-level health system: the first, of good quality but more expensive, managed by private companies and possible only for the upper and middle classes; the second, of poor quality but naturally less expensive, managed by the Public Health Service for the lower classes. Solidarity, responsibility, and equity are three civil virtues that must be deeply rooted in all European National Health Services (particularly the Italian National Health Service) so that their historical capacity of guaranteeing a sure and effective protection against disease can be consolidated.

  1. Security Economics and European Policy

    NASA Astrophysics Data System (ADS)

    Anderson, Ross; Böhme, Rainer; Clayton, Richard; Moor, Tyler

    In September 2007, we were awarded a contract by the European Network and Information Security Agency (ENISA) to investigate failures in the market for secure electronic communications within the European Union, and come up with policy recommendations. In the process, we spoke to a large number of stakeholders, and held a consultative meeting in December 2007 in Brussels to present draft proposals, which established most had wide stakeholder support. The formal outcome of our work was a detailed report, “Security Economics and the Internal Market”, published by ENISA in March 2008. This paper presents a much abridged version: in it, we present the recommendations we made, along with a summary of our reasoning.

  2. Conditional dynamics driving financial markets

    NASA Astrophysics Data System (ADS)

    Boguñá, M.; Masoliver, J.

    2004-08-01

    We revisit the problem of daily correlations in speculative prices and report empirical evidences on the existence of what we term a conditional or dual dynamics driving the evolution of financial assets. This dynamics is detected in several markets around the world and for different historical periods. In particular, we have analyzed the DJIA database from 1900 to 2002 as well as 65 companies trading in the LIFFE market of futures and 12 of the major European and American treasury bonds. In all cases, we find a twofold dynamics driving the financial evolution depending on whether the previous price went up or down. We conjecture that this effect is universal and intrinsic to all markets.

  3. The Structural Disempowerment of Eastern European Migrant Farm Workers in Norwegian Agriculture

    ERIC Educational Resources Information Center

    Rye, Johan Fredrik; Andrzejewska, Joanna

    2010-01-01

    Since the 2004 EU enlargement established one European common labour market, a large number of Eastern Europeans have taken up seasonal employment as hired farm workers in Norwegian agriculture. Much attention in the public has been given to the potential for "social dumping" of these migrating workers, as they are considered prone to…

  4. Survey of stranded gas and delivered costs to Europe of selected gas resources

    USGS Publications Warehouse

    Attanasi, E.D.; Freeman, P.A.

    2011-01-01

    Two important trends affecting the expected growth of global gas markets are (1) the shift by many industrialized countries from coal-fired electricity generation to the use of natural gas to generate electricity and (2) the industrialization of the heavily populated Asian countries of India and China. This paper surveys discovered gas in stranded conventional gas accumulations and presents estimates of the cost of developing and producing stranded gas in selected countries. Stranded gas is natural gas in discovered or identified fields that is not currently commercially producible for either physical or economic reasons. Published reserves of gas at the global level do not distinguish between volumes of gas in producing fields and volumes in nonproducing fields. Data on stranded gas reported here-that is the volumes, geographical distribution, and size distributions of stranded gas fields at the country and regional level-are based on the examination of individual-field data and represent a significant improvement in information available to industry and government decision makers. Globally, stranded gas is pervasive, but large volumes in large accumulations are concentrated in only a few areas. The cost component of the paper focuses on stranded conventional gas accumulations in Africa and South America that have the potential to augment supplies to Europe. The methods described for the computation of extraction and transport costs are innovative in that they use information on the sizes and geographical distribution of the identified stranded gas fields. The costs are based on industry data specific to the country and geologic basin where the stranded gas is located. Gas supplies to Europe can be increased significantly at competitive costs by the development of stranded gas. Net extraction costs of producing the identified gas depend critically on the natural-gas-liquids (NGLs) content, the prevailing prices of liquids, the size of the gas accumulation, and the

  5. The Market Prospects for Consumer Online Services in Europe.

    ERIC Educational Resources Information Center

    White, Martin

    The rapid growth over the last few years of online services designed to appeal to a mass market audience in the United States encouraged many of the companies operating these services to consider launching them in Europe. This paper concentrates primarily on the European market of online services. The services fall into three categories: United…

  6. Constructing a European healthcare market: the private healthcare company Capio and the strategic aspect of the drive for transparency.

    PubMed

    Blomgren, Maria; Sundén, Eva

    2008-11-01

    This article analyses the private healthcare company Capio and its participation in the drive for transparency in the European healthcare field. An important point of departure for the paper is that technologies for transparency, such as accounting and auditing, are not neutral devices for increased openness, but carry with them programmatic dimensions that affect our norms and rules of how healthcare is to be organized and controlled. The drive for transparency engages different actors with various motives. To investigate this we carried out semi-structured interviews with 11 persons, mainly management members of Capio. We show that transparency in healthcare has been put forward by a private actor for strategic reasons. We argue that Capio's involvement in the drive for transparency should be seen as a 'second-order strategy' with the aim to create advantageous opportunities in a future European healthcare market. We show that Capio, through its propagation of various transparency technologies, has put forward programmatic ideals of industrialisation, marketisation and Europeanisation in healthcare. The main conclusion is that although Capio has engaged in the drive for transparency for business reasons, the company has also furthered certain political ideals in the field. This study contributes to the literature which problematizes the division between private and public, and between business and politics in healthcare, and is of interest to a broad health policy audience.

  7. Early dialogue with health technology assessment bodies: a European perspective.

    PubMed

    Cuche, Matthieu; Beckerman, Rachel; Chowdhury, Cyrus A; van Weelden, Marije A

    2014-12-01

    Evidence requirements may differ across HTA bodies, and so pharmaceutical companies must plan to synergize their evidence generation strategy, across global regulatory and HTA bodies. Until recently, companies had no official platform to discuss the clinical development of a drug with HTA bodies; however, this is changing. To achieve broad usage in the EU, products must achieve both regulatory and reimbursement approval, the latter of which is based on HTA appraisal in many markets. The objective of this study is to present and evaluate the different options available for early HTA consultation (during drug development/Phase III) in the major European markets from the industry perspective. An exploratory (nonsystematic) literature review was performed to identify the European markets offering early HTA consultations, and each process was analyzed using a set of predefined metrics that are relevant to industry (the ability to consult with the regulatory body in parallel, consultation fees, length of consultation meeting, language of consultation meeting, maximum number of pharmaceutical company employees attending, procedural timelines, nature of data for which consultative advice can be sought, the output of the process, and the ability to involve external experts). Four different types of early HTA consultation processes were identified across the major European HTA markets. The nature of these processes varied in terms of the types and number of questions that can be addressed, the length of the meeting, the reporting output, and the ability to involve external experts. The availability of various options for early HTA consultation may help to avoid a mismatch between the evidence generated by means of a product's clinical development program, and the evidence expected by HTA bodies and payers, which can facilitate the pricing and reimbursement process upon a product's market authorization.

  8. Effectiveness of social marketing strategies to reduce youth obesity in European school-based interventions: a systematic review and meta-analysis.

    PubMed

    Aceves-Martins, Magaly; Llauradó, Elisabet; Tarro, Lucia; Moreno-García, Carlos Francisco; Trujillo Escobar, Tamy Goretty; Solà, Rosa; Giralt, Montse

    2016-05-01

    The use of social marketing to modify lifestyle choices could be helpful in reducing youth obesity. Some or all of the 8 domains of the National Social Marketing Centre's social marketing benchmark criteria (SMBC) are often used but not always defined in intervention studies. The aim of this review is to assess the effectiveness of European school-based interventions to prevent obesity relative to the inclusion of SMBC domains in the intervention. The PubMed, Cochrane, and ERIC databases were used. Nonrandomized and randomized controlled trials conducted from 1990 to April 2014 in participants aged 5 to 17 years were included. After the study selection, the 8 domains of the SMBC were assessed in each included study. Thirty-eight publications were included in the systematic review. For the meta-analysis, randomized controlled trials (RCTs) reporting body mass index or prevalence of overweight and obesity were considered. Eighteen RCTs with a total of 8681 participants included at least 5 SMBC. The meta-analysis showed a small standardized mean difference in body mass index of -0.25 (95%CI, -0.45 to -0.04) and a prevalence of overweight and obesity odds ratio of 0.72 (95%CI, 0.5-0.97). Current evidence indicates that the inclusion of at least 5 SMBC domains in school-based interventions could benefit efforts to prevent obesity in young people. PROSPERO registration number: CRD42014007297. © The Author(s) 2016. Published by Oxford University Press on behalf of the International Life Sciences Institute.

  9. Drug affordability-potential tool for comparing illicit drug markets.

    PubMed

    Groshkova, Teodora; Cunningham, Andrew; Royuela, Luis; Singleton, Nicola; Saggers, Tony; Sedefov, Roumen

    2018-06-01

    The importance of illicit drug price data and making appropriate adjustments for purity has been repeatedly highlighted for understanding illicit drug markets. The European Monitoring Centre for Drugs and Drug Addiction (EMCDDA) has been collecting retail price data for a number of drug types alongside drug-specific purity information for over 15 years. While these data are useful for a number of monitoring and analytical purposes, they are not without their limitations and there are circumstances where additional adjustment needs to be considered. This paper reviews some conceptual issues and measurement challenges relevant to the interpretation of price data. It also highlights the issues with between-country comparisons of drug prices and introduces the concept of affordability of drugs, going beyond purity-adjustment to account for varying national economies. Based on a 2015 European data set of price and purity data across the heroin and cocaine retail markets, the paper demonstrates a new model for drug market comparative analysis; calculation of drug affordability is achieved by applying to purity-adjusted prices 2015 Price Level Indices (PLI, Eurostat). Available data allowed retail heroin and cocaine market comparison for 27 European countries. The lowest and highest unadjusted prices per gram were observed for heroin: in Estonia, Belgium, Greece and Bulgaria (lowest) and Finland, Ireland, Sweden and Latvia (highest); for cocaine: the Netherlands, Belgium and the United Kingdom (lowest) and Turkey, Finland, Estonia and Romania (highest). The affordability per gram of heroin and cocaine when taking into account adjustment for both purity and economy demonstrates different patterns. It is argued that purity-adjusted price alone provides an incomplete comparison of retail price across countries. The proposed new method takes account of the differing economic conditions within European countries, thus providing a more sophisticated tool for cross

  10. Regulatory pathways in the European Union.

    PubMed

    Kohler, Manuela

    2011-01-01

    In principle, there are three defined procedures to obtain approval for a medicinal product in the European Union. As discussed in this overview of the procedures, the decision on which regulatory pathway to use will depend on the nature of the active substance, the target indication(s), the history of product and/or the marketing strategy.

  11. Hydrocarbon Gas Liquids (HGL): Recent Market Trends and Issues

    EIA Publications

    2014-01-01

    Over the past five years, rapid growth in U.S. onshore natural gas and oil production has led to increased volumes of natural gas plant liquids (NGPL) and liquefied refinery gases (LRG). The increasing economic importance of these volumes, as a result of their significant growth in production, has revealed the need for better data accuracy and transparency to improve the quality of historical data and projections for supply, demand, and prices of these liquids, co-products, and competing products. To reduce confusion in terminology and improve its presentation of data, EIA has worked with industry and federal and state governments to clarify gas liquid terminology and has developed the term Hydrocarbon Gas Liquids, or HGL.

  12. Essays on environmental regulations in electricity markets

    NASA Astrophysics Data System (ADS)

    Sun, Yanming

    Reducing the Greenhouse Gas pollution and promoting energy efficiency among consumers' energy use have been major public policy issues recently. Currently, both the United States and the European Union have set up explicit percentage requirements that require energy generators or consumers to undertake a certain percentage of their energy production or consumption from renewable sources. To achieve their renewable targets, the Tradable Green Certificates (TGC) system has been introduced in their electricity markets. Moreover, in order to promote energy conservation and achieve energy efficiency targets, price policies and price changes derived from environmental regulations have played a more important role in reducing electricity consumption. My research studies problems associated with these policy implementations. In Chapter 1, I analyze a competitive electricity market with two countries operated under a common TGC system. By using geometric illustrations, I compare the two countries' welfare when the renewable quota is chosen optimally under the common certificate market with three different situations. The policy recommendation is that when the value of damage parameter is sufficiently small, full integration with a TGC market is welfare superior to full integration of an all fossil-fuel based market with an optimal emissions standard. In Chapter 2, by analyzing a stylized theoretical model and numerical examples, I investigate the performance of the optimal renewables policy under full separation and full integration scenarios for two countries' electricity markets operated under TGC systems. In my third chapter, I look at residential electricity consumption responsiveness to increases of electricity price in the U.S. and the different effect of a price increase on electricity use for states of different income levels. My analysis reveals that raising the energy price in the short run will not give consumers much incentive to adjust their appliances and make

  13. Twenty Years of European Union Support to Gene Therapy and Gene Transfer.

    PubMed

    Gancberg, David

    2017-11-01

    For 20 years and throughout its research programmes, the European Union has supported the entire innovation chain for gene transfer and gene therapy. The fruits of this investment are ripening as gene therapy products are reaching the European market and as clinical trials are demonstrating the safety of this approach to treat previously untreatable diseases.

  14. The European Social Fund: A Very Specific Case Instrument of HRD Policy

    ERIC Educational Resources Information Center

    Tome, Eduardo

    2013-01-01

    Purpose: This paper aims to review the intervention of the European Social Fund (ESF) as an instrument of human resource development (HRD) policies in the European labor market. Design/methodology/approach: The paper uses an economic background, and reviews the official documents produced by the ESF during its history to try to define its economic…

  15. Case Studies as Practical Teaching in the New Marketing Courses

    ERIC Educational Resources Information Center

    Mondéjar-Jiménez, Juan-Antonio; Cordente-Rodríguez, María; Gómez-Borja, Miguel-Ángel; Andrés-Martínez, María-Encarnación; Gázquez-Abad, Juan-Carlos

    2010-01-01

    The European Higher Education Area is assuming a change in the teaching-learning of all European universities. The area of Marketing, traditionally characterized by being at the forefront in terms of educational innovation, faces the challenge of finding new tools to facilitate the work of students by encouraging their involvement in the…

  16. Assessment of a Hybrid Retrofit Gas Water Heater

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Hoeschele, Marc; Weitzel, Elizabeth; Backman, Christine

    2017-02-28

    This project completed a modeling evaluation of a hybrid gas water heater that combines a reduced capacity tankless unit with a downsized storage tank. This product would meet a significant market need by providing a higher efficiency gas water heater solution for retrofit applications while maintaining compatibility with the 1/2 inch gas lines and standard B vents found in most homes. The TRNSYS simulation tool was used to model a base case 0.60 EF atmospheric gas storage water, a 0.82 EF non-condensing gas tankless water heater, an existing (high capacity) hybrid unit on the market, and an alternative hybrid unitmore » with lower storage volume and reduced gas input requirements. Simulations were completed under a 'peak day' sizing scenario with 183 gpd hot water loads in a Minnesota winter climate case. Full-year simulations were then completed in three climates (ranging from Phoenix to Minneapolis) for three hot water load scenarios (36, 57, and 96 gpd). Model projections indicate that the alternative hybrid offers an average 4.5% efficiency improvement relative to the 0.60 EF gas storage unit across all scenarios modeled. The alternative hybrid water heater evaluated does show promise, but the current low cost of natural gas across much of the country and the relatively small incremental efficiency improvement poses challenges in initially building a market demand for the product.« less

  17. [Orphan diseases and orphan medicines: a Belgian and European study].

    PubMed

    Denis, Alain; Mergaert, Lut; Fostier, Christel; Cleemput, Irina; Simoens, Steven

    2009-12-01

    The objective of this study is to analyze policies concerning orphan medicines, used to treat patients suffering from a rare disease. The decisions about orphan designation and marketing authorization of orphan medicines are taken at European level, but each Member State is responsible for decisions regarding reimbursement. The European measures to encourage the development of orphan medicines, such as market exclusivity for a period of ten years, seem to be successful. However, this market exclusivity should be revised once the profitability of such medicines has clearly been demonstrated. Our study recommends the implementation of patient registries at the European level in order to describe the natural evolution of rare diseases and the efficacy of orphan medicines, the majority of which are relatively expensive. In 2008, Belgian social security services reimbursed orphan medicines for an amount of 66 million euro, accounting for more than 5% of the hospital pharmaceutical budget. The reimbursement of an orphan medicine to an individual patient is subject to multiple conditions. Our study recommends that a unique counter within the NIHDI is created which centralizes all reimbursement requests. The reimbursement of an orphan medicine must be linked to the provision of standardized information needed for a patient register. The NIHDI administration could then, in collaboration with external experts, evaluate reimbursement requests and ensure a coherent application of reimbursement criteria.

  18. Labor Markets and Economic Incorporation among Recent Immigrants in Europe

    ERIC Educational Resources Information Center

    Kogan, Irena

    2006-01-01

    The questions asked in the paper are whether and to what extent the employment situation among recent third-country immigrants differs across European Union countries and how it is related to these countries' labor market characteristics. The European Labor Force Survey data for the 1990s are used to disentangle the roles that the individual…

  19. DIAS Project: The establishment of a European digital upper atmosphere server

    NASA Astrophysics Data System (ADS)

    Belehaki, A.; Cander, Lj.; Zolesi, B.; Bremer, J.; Juren, C.; Stanislawska, I.; Dialetis, D.; Hatzopoulos, M.

    2005-08-01

    The main objective of DIAS (European Digital Upper Atmosphere Server) project is to develop a pan-European digital data collection on the state of the upper atmosphere, based on real-time information and historical data collections provided by most operating ionospheric stations in Europe. A DIAS system will distribute information required by various groups of users for the specification of upper atmospheric conditions over Europe suitable for nowcasting and forecasting purposes. The successful operation of the DIAS system will lead to the development of new European added-value products and services, to the effective use of observational data in operational applications and consequently to the expansion of the relevant European market.

  20. Transatlantic Moves to the Market: The United States and the European Union

    ERIC Educational Resources Information Center

    Slaughter, Sheila; Cantwell, Brendan

    2012-01-01

    The theory of academic capitalism is used to explore US and EU marketization trajectories. Comparisons are made along the following dimensions: creation and expansion of intermediating organizations external to universities that promote closer relations between universities and markets; interstitial organizations that emerge from within…

  1. Natural Gas: Major Legislative and Regulatory Actions (1935 - 2008)

    EIA Publications

    2009-01-01

    This special report Web-based product presents a chronology of some of the key federal legislative and regulatory actions that have helped shape the natural gas market, with particular emphasis on policy directives from 1978 to October 2008. Separate reports provide brief descriptions of specific legislation, regulations, or policies, and their impacts on the natural gas market.

  2. Gas stream purifier

    NASA Technical Reports Server (NTRS)

    Adam, Steven J.

    1994-01-01

    A gas stream purifier has been developed that is capable of removing corrosive acid, base, solvent, organic, inorganic, and water vapors as well as particulates from an inert mixed gas stream using only solid scrubbing agents. This small, lightweight purifier has demonstrated the ability to remove contaminants from an inert gas stream with a greater than 99 percent removal efficiency. The Gas Stream Purifier has outstanding market and sales potential in manufacturing, laboratory and science industries, medical, automotive, or any commercial industry where pollution, contamination, or gas stream purification is a concern. The purifier was developed under NASA contract NAS9-18200 Schedule A for use in the international Space Station. A patent application for the Gas Stream Purifier is currently on file with the United States Patent and Trademark Office.

  3. Plug-in electric vehicle market penetration and incentives: a global review

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Zhou, Yan; Wang, Michael; Hao, Han

    Plug-in electric vehicles (PEVs) have been commercially available in the global market for about 3 years. Many countries have policies designed to stimulate consumer acceptance and accelerate market adoption. In the United States (U.S.), the biggest PEV market, sales have more than tripled since 2011. During the same period, PEV sales have increased, albeit slowly, in most western European countries. Notably, some European countries, such as Norway, showed strong increases mainly owing to generous incentives to PEV consumers. Japan is the second-largest PEV market in terms of number of vehicles sold. The Nissan battery electric vehicle (BEV) Leaf is themore » top-selling PEV model, with more than 100,000 units sold globally since its launch in 2010. In contrast, after 3 years of policy stimulation, PEV market share in China is still lower than 0.1 % of total car sales, and most of these vehicles were purchased by either central or local governments. However, PEV bus production in China has increased dramatically over last 3 years. These market trends, together with strong government policies, show that national and regional PEV-related incentives in selected countries can play an important role in jump-starting the PEV market.« less

  4. Analysis of the Italian generic medicines retail market: recommendations to enhance long-term sustainability.

    PubMed

    Dylst, Pieter; Vulto, Arnold; Simoens, Steven

    2015-02-01

    Italy is among the European countries with the lowest uptake of generic medicines. This paper provides a perspective on the Italian generic medicines retail market. Fast market entrance of generic medicines in Italy is hindered by several factors: the existence of Complementary Protection Certificates in the past, the large market for copies and multiple cases of patent linkage. Prices of generic medicines in Italy are low compared to other European countries. To contain pharmaceutical expenditure, pharmaceutical companies are currently forced to pay back in case of overspending, which disproportionally penalizes small and fast growing companies, to which most generic companies belong to. Current demand-side policies do not successfully stimulate the use of generic medicines. The current market environment surrounding the Italian generic medicines retail market (i.e., low prices, low volumes) threatens its long-term sustainability. Recommendations to enhance the long-term sustainability of the Italian generic medicines retail market round off this perspective paper.

  5. High resolution earth observation satellites and services in the next decade a European perspective

    NASA Astrophysics Data System (ADS)

    Schreier, Gunter; Dech, Stefan

    2005-07-01

    Projects to use very high resolution optical satellite sensor data started in the late 90s and are believed to be the major driver for the commercialisation of earth observation. The global political security situation and updated legislative frameworks created new opportunities for high resolution, dual use satellite systems. In addition to new optical sensors, very high resolution synthetic aperture radars will become in the next few years an important component in the imaging satellite fleet. The paper will review the development in this domain so far, and give perspectives on future emerging markets and opportunities. With dual-use satellite initiatives and new political frameworks agreed between the European Commission and the European Space Agency (ESA), the European market becomes very attractive for both service suppliers and customers. The political focus on "Global Monitoring for Environment and Security" (GMES) and the "European Defence and Security Policy" drive and amplify this demand which ranges from low resolution climate monitoring to very high resolution reconnaissance tasks. In order to create an operational and sustainable GMES in Europe by 2007, the European infrastructure need to be adapted and extended. This includes the ESA SENTINEL and OXYGEN programmes, aiming for a fleet of earth observation satellites and an open and operational earth observation ground segment. The harmonisation of national and regional geographic information is driven by the European Commission's INSPIRE programme. The necessary satellite capacity to complement existing systems in the delivery of space based data required for GMES is currently under definition. Embedded in a market with global competition and in the global political framework of a Global Earth Observation System of Systems, European companies, agencies and research institutions are now contributing to this joint undertaking. The paper addresses the chances, risks and options for the future.

  6. Natural gas imports and exports, first quarter report 2000

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    None

    The Office of Natural Gas and Petroleum Import and Export Activities prepares quarterly reports showing natural gas import and export activity. Companies are required to file quarterly reports. Attachments show the percentage of takes to maximum firm contract levels and the weighted average per unit price for each of the long-term importers during the 5 most recent reporting quarters, volumes and prices of gas purchased by long-term importers and exporters during the past 12 months, volume and price data for gas imported on a short-term or spot market basis, and the gas exported on a short-term or spot market basismore » to Canada and Mexico.« less

  7. Natural gas imports and exports, fourth quarter report 1999

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    None

    The Office of Natural Gas and Petroleum Import and Export Activities prepares quarterly reports showing natural gas import and export activity. Companies are required to file quarterly reports. Attachments show the percentage of takes to maximum firm contract levels and the weighted average per unit price for each of the long-term importers during the five most recent quarters, volumes and prices of gas purchased by long-term importers and exporters during the past 12 months, volume and price data for gas imported on a short-term or spot market basis, and the gas exported on a short-term or spot market basis tomore » Canada and Mexico.« less

  8. Alternative Fuels Data Center: Natural Gas Related Links

    Science.gov Websites

    , AGA provides services to member natural gas pipelines, marketers, gatherers, international gas Natural Gas Printable Version Share this resource Send a link to Alternative Fuels Data Center : Natural Gas Related Links to someone by E-mail Share Alternative Fuels Data Center: Natural Gas Related

  9. Godiva, a European Project for Ozone and Trace Gas Measurements from GOME

    NASA Astrophysics Data System (ADS)

    Goede, A. P. H.; Tanzi, C. P.; Aben, I.; Burrows, J. P.; Weber, M.; Perner, D.; Monks, P. S.; Llewellyn-Jones, D.; Corlett, G. K.; Arlander, D. W.; Platt, U.; Wagner, T.; Pfeilsticker, K.; Taalas, P.; Kelder, H.; Piters, A.

    GODIVA (GOME Data Interpretation, Validation and Application) is a European Commission project aimed at the improvement of GOME (Global Ozone Monitoring Experiment) data products. Existing data products include global ozone, NO2 columns and (ir)radiances. Advanced data products include O3 profiles, BrO, HCHO and OCIO columns. These data are validated by ground-based and balloon borne instruments. Calibration issues are investigated by in-flight monitoring using several complementary calibration sources, as well as an on-ground replica of the GOME instrument. The results will lead to specification of operational processing of the EUMETSAT ozone Satellite Application Facility as well as implementation of the improved and new GOME data products in the NILU database for use in the European THESEO (Third European Stratospheric Experiment on Ozone) campaign of 1999

  10. Medical devices manufactured from latex: European regulatory initiatives.

    PubMed

    De Jong, W H; Geertsma, R E; Tinkler, J J B

    2002-05-01

    In Europe the marketing of medical devices manufactured from latex is regulated by directives describing the essential (safety) requirements that products have to fulfill to obtain marketing approval. This paper describes the general requirements for marketing medical devices in Europe and, more specifically, the requirements for products manufactured from natural rubber latex. The requirements for marketing medical devices can be fulfilled by using the relevant harmonized European standards. These standards are regularly under revision to incorporate the latest scientific developments. For certain devices, for example, latex medical (examination and surgical) gloves, specific standards have been published. Medical devices manufactured from latex pose a serious problem because of the risk of induction of allergy both against the latex proteins inherently present (type I or immediate type allergy) and against chemicals added during processing (type IV or delayed type hypersensitivity) present as residues in the latex products. So, besides requirements for product quality in terms of barrier properties, strength, and sterility, the main focus consists of the allergy-inducing properties of the latex products. Recent developments have reopened the discussion on the value of total protein versus allergen determination in latex medical gloves. However, as long as minimal levels needed for both sensitization and elicitation have not been established, a safe maximum level for leachable proteins/allergens in latex products cannot be determined. A European Commission guidance document on the latex allergy problem is currently being drafted by experts from Competent Authorities. Copyright 2002 Elsevier Science (USA).

  11. GAS STORAGE TECHNOLGOY CONSORTIUM

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Robert W. Watson

    2004-04-23

    Gas storage is a critical element in the natural gas industry. Producers, transmission and distribution companies, marketers, and end users all benefit directly from the load balancing function of storage. The unbundling process has fundamentally changed the way storage is used and valued. As an unbundled service, the value of storage is being recovered at rates that reflect its value. Moreover, the marketplace has differentiated between various types of storage services, and has increasingly rewarded flexibility, safety, and reliability. The size of the natural gas market has increased and is projected to continue to increase towards 30 trillion cubic feetmore » (TCF) over the next 10 to 15 years. Much of this increase is projected to come from electric generation, particularly peaking units. Gas storage, particularly the flexible services that are most suited to electric loads, is critical in meeting the needs of these new markets. In order to address the gas storage needs of the natural gas industry, an industry-driven consortium was created--the Gas Storage Technology Consortium (GSTC). The objective of the GSTC is to provide a means to accomplish industry-driven research and development designed to enhance operational flexibility and deliverability of the Nation's gas storage system, and provide a cost effective, safe, and reliable supply of natural gas to meet domestic demand. To accomplish this objective, the project is divided into three phases that are managed and directed by the GSTC Coordinator. Base funding for the consortium is provided by the U.S. Department of Energy (DOE). In addition, funding is anticipated from the Gas Technology Institute (GTI). The first phase, Phase 1A, was initiated on September 30, 2003, and is scheduled for completion on March 31, 2004. Phase 1A of the project includes the creation of the GSTC structure, development of constitution (by-laws) for the consortium, and development and refinement of a technical approach (work

  12. GAS STORAGE TECHNOLOGY CONSORTIUM

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Robert W. Watson

    2004-04-17

    Gas storage is a critical element in the natural gas industry. Producers, transmission and distribution companies, marketers, and end users all benefit directly from the load balancing function of storage. The unbundling process has fundamentally changed the way storage is used and valued. As an unbundled service, the value of storage is being recovered at rates that reflect its value. Moreover, the marketplace has differentiated between various types of storage services, and has increasingly rewarded flexibility, safety, and reliability. The size of the natural gas market has increased and is projected to continue to increase towards 30 trillion cubic feetmore » (TCF) over the next 10 to 15 years. Much of this increase is projected to come from electric generation, particularly peaking units. Gas storage, particularly the flexible services that are most suited to electric loads, is critical in meeting the needs of these new markets. In order to address the gas storage needs of the natural gas industry, an industry-driven consortium was created--the Gas Storage Technology Consortium (GSTC). The objective of the GSTC is to provide a means to accomplish industry-driven research and development designed to enhance operational flexibility and deliverability of the Nation's gas storage system, and provide a cost effective, safe, and reliable supply of natural gas to meet domestic demand. To accomplish this objective, the project is divided into three phases that are managed and directed by the GSTC Coordinator. Base funding for the consortium is provided by the U.S. Department of Energy (DOE). In addition, funding is anticipated from the Gas Technology Institute (GTI). The first phase, Phase 1A, was initiated on September 30, 2003, and is scheduled for completion on March 31, 2004. Phase 1A of the project includes the creation of the GSTC structure, development of constitution (by-laws) for the consortium, and development and refinement of a technical approach (work

  13. Residential clothes dryer market assessment. Topical report, February 1995-November 1996

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Paul, D.D.; Ide, B.E.

    1996-02-01

    The objective of this project was to provide a technology assessment of the residential clothes dryer market with the intent of identifying the most competitive gas technology for future market condition scenarios. This study included a review of both foreign and domestic clothes drying technologies employing either gas or electric heating elements. A review of microwave and heat pump drying technologies was also included in the analysis. This report examines the potential future opportunities and threats for the gas industry with regard to residential clothes drying.

  14. Irrigation market for solar thermal parabolic dish systems

    NASA Technical Reports Server (NTRS)

    Habib-Agahi, H.; Jones, S. C.

    1981-01-01

    The potential size of the onfarm-pumped irrigation market for solar thermal parabolic dish systems in seven high-insolation states is estimated. The study is restricted to the displacement of three specific fuels: gasoline, diesel and natural gas. The model was developed to estimate the optimal number of parabolic dish modules per farm based on the minimum cost mix of conventional and solar thermal energy required to meet irrigation needs. The study concludes that the potential market size for onfarm-pumped irrigation applications ranges from 101,000 modules when a 14 percent real discount rate is assumed to 220,000 modules when the real discount rate drops to 8 percent. Arizona, Kansas, Nebraska, New Mexico and Texas account for 98 percent of the total demand for this application, with the natural gas replacement market accounting for the largest segment (71 percent) of the total market.

  15. The Common Market Film Industry: Beyond Law or Economics.

    ERIC Educational Resources Information Center

    Le Duc, Don R.

    1979-01-01

    Reviews the legal and economic factors surrounding the film industries in the European Common Market member nations. Relates these factors to the inherent difficulties in fostering cooperation among members. (JMF)

  16. State Regulators Promote Consumer Choice in Retail Gas Markets

    EIA Publications

    1996-01-01

    Restructuring of interstate pipeline companies has created new choices and challenges for local distribution companies (LDCs), their regulators, and their customers. The process of separating interstate pipeline gas sales from transportation service has been completed and has resulted in greater gas procurement options for LDCs.

  17. Deliverability on the interstate natural gas pipeline system

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    NONE

    1998-05-01

    Deliverability on the Interstate Natural Gas Pipeline System examines the capability of the national pipeline grid to transport natural gas to various US markets. The report quantifies the capacity levels and utilization rates of major interstate pipeline companies in 1996 and the changes since 1990, as well as changes in markets and end-use consumption patterns. It also discusses the effects of proposed capacity expansions on capacity levels. The report consists of five chapters, several appendices, and a glossary. Chapter 1 discusses some of the operational and regulatory features of the US interstate pipeline system and how they affect overall systemmore » design, system utilization, and capacity expansions. Chapter 2 looks at how the exploration, development, and production of natural gas within North America is linked to the national pipeline grid. Chapter 3 examines the capability of the interstate natural gas pipeline network to link production areas to market areas, on the basis of capacity and usage levels along 10 corridors. The chapter also examines capacity expansions that have occurred since 1990 along each corridor and the potential impact of proposed new capacity. Chapter 4 discusses the last step in the transportation chain, that is, deliverability to the ultimate end user. Flow patterns into and out of each market region are discussed, as well as the movement of natural gas between States in each region. Chapter 5 examines how shippers reserve interstate pipeline capacity in the current transportation marketplace and how pipeline companies are handling the secondary market for short-term unused capacity. Four appendices provide supporting data and additional detail on the methodology used to estimate capacity. 32 figs., 15 tabs.« less

  18. Environmental and economic analyses of waste disposal options for traditional markets in Indonesia.

    PubMed

    Aye, Lu; Widjaya, E R

    2006-01-01

    Waste from traditional markets in Indonesia is the second largest stream of municipal solid waste after household waste. It has a higher organic fraction and may have greater potential to be managed on a business scale compared to household wastes. The attributed reason is that in general the wastes generated from traditional markets are more uniform, more concentrated and less hazardous than waste from other sources. This paper presents the results of environmental and economic assessments to compare the options available for traditional market waste disposal in Indonesia. The options compared were composting in labour intensive plants, composting in a centralised plant that utilised a simple wheel loader, centralised biogas production and landfill for electricity production. The current open dumping practice was included as the baseline case. A life cycle assessment (LCA) was used for environmental analysis. All options compared have lower environmental impacts than the current practice of open dumping. The biogas production option has the lowest environmental impacts. A cost-benefit analysis, which considered greenhouse gas savings, was used for the economic assessment. It was found that composting at a centralised plant is the most economically feasible option under the present Indonesian conditions. The approach reported in this study could be applied for 'a pre-feasibility first cut comparison' that includes environmental aspects in a decision-making framework for developing countries even though European emission factors were used.

  19. Storage battery market: profiles and trade opportunities

    NASA Astrophysics Data System (ADS)

    Stonfer, D.

    1985-04-01

    The export market for domestically produced storage batteries is a modest one, typically averaging 6 to 7% of domestic industry shipments. Exports in 1984 totalled about $167 million. Canada and Mexico were the largest export markets for US storage batteries in 1984, accounting for slightly more than half of the total. The United Kingdom, Saudi Arabia, and the Netherlands round out the top five export markets. Combined, these five markets accounted for two-thirds of all US exports of storage batteries in 1984. On a regional basis, the North American (Canada), Central American, and European markets accounted for three-quarters of total storage battery exports. Lead-acid batteries accounted for 42% of total battery exports. Battery parts followed lead-acid batteries with a 29% share. Nicad batteries accounted for 16% of the total while other batteries accounted for 13%.

  20. Evidence for High Concentrations and Maternal Transfer of Substituted Diphenylamines in European Eels Analyzed by Two-Dimensional Gas Chromatography-Time-of-Flight Mass Spectrometry and Gas Chromatography-Fourier Transform Ion Cyclotron Resonance Mass Spectrometry.

    PubMed

    Sühring, Roxana; Ortiz, Xavier; Pena-Abaurrea, Miren; Jobst, Karl J; Freese, Marko; Pohlmann, Jan-Dag; Marohn, Lasse; Ebinghaus, Ralf; Backus, Sean; Hanel, Reinhold; Reiner, Eric J

    2016-12-06

    Chemical pollution is hypothesized to be one of the factors driving the strong decline of the critically endangered European eel population. Specifically, the impact of contaminants on the quality of spawning eels and subsequent embryo survival and development has been discussed as crucial investigation point. However, so far, only very limited information on potential negative effects of contaminants on the reproduction of eels is available. Through the combination of nontargeted ultrahigh-resolution mass spectrometry and multidimensional gas chromatography, combined with more-conventional targeted analytical approaches and multimedia mass-balance modeling, compounds of particular relevance, and their maternal transfer in artificially matured European eels from the German river Ems have been identified. Substituted diphenylamines were, unexpectedly, found to be the primary organic contaminants in the eel samples, with concentrations in the μg g -1 wet weight range. Furthermore, it could be shown that these contaminants, as well as polychlorinated biphenyls (PCBs), organochlorine pesticides, and polyaromatic hydrocarbons (PAHs), are not merely stored in lipid rich tissue of eels but maternally transferred into gonads and eggs. The results of this study provide unique information on both the fate and behavior of substituted diphenylamines in the environment as well as their relevance as contaminants in European eels.

  1. Adoption Space and the Idea-to-Market Process of Health Technologies.

    PubMed

    Saranummi, Niilo; Beuscart, Regis; Black, Norman; Maglaveras, Nicos; Strano, Chiara; Karavidopoulou, Youla

    2016-01-01

    Although Europe 'produces' excellent science, it has not been equally successful in translating scientific results into commercially successful companies in spite of European and national efforts invested in supporting the translation process. The Idea-to-Market process is highly complex due to the large number of actors and stakeholders. ITECH was launched to propose recommendations which would accelerate the Idea-to-Market process of health technologies leading to improvements in the competitiveness of the European health technology industry in the global markets. The project went through the following steps: defining the Idea-to-Market process model; collection and analysis of funding opportunities; identification of 12 gaps and barriers in the Idea-to-Market process; a detailed analysis of these supported by interviews; a prioritization process to select the most important issues; construction of roadmaps for the prioritized issues; and finally generating recommendations and associated action plans. Seven issues were classified as in need of actions. Three of these are part of the ongoing Medical Device Directive Reform (MDR), namely health technology assessment, post-market surveillance and regulatory process, and therefore not within the scope of ITECH. Recommendations were made for eHealth taxonomy; Education and training; Clinical trials and Adoption space and Human Factors Engineering (HFE).

  2. Varieties of indebtedness: Financialization and mortgage market institutions in Europe.

    PubMed

    Van Gunten, Tod; Navot, Edo

    2018-02-01

    During the global housing boom that preceded the 2007-9 financial crisis, household debt increased substantially in many European countries, posing a challenge for literature on financialization and the institutional heterogeneity of mortgage markets. This paper examines recent institutional shifts in European mortgage markets and specifies three analytically distinct models of debt accumulation: inclusion, extension and intensity. While existing research has emphasized inclusion (access to homeownership), we show that financial intensification is an important determinant of cross-national variation in debt. We assess the variation in financial intensity in six European countries (France, Germany, Italy, the Netherlands, Portugal and Spain) using household-level survey data. Our results show that inclusion and expansion explain only part of the cross-national variation in mortgage debt to income ratios. Furthermore, household financial behavior is consistent with the financial intensity model, and variation in the degree of financial intensification explains a substantial portion of the cross-national difference in debt levels. Copyright © 2017 Elsevier Inc. All rights reserved.

  3. Technological growth of fuel efficiency in european automobile market 1975–2015

    DOE PAGES

    Hu, Kejia; Chen, Yuche

    2016-08-29

    This paper looks at the technological growth of new car fleet fuel efficiency in the European Union between 1975 and 2015. According to the analysis results, from1975 to 2006 the fuel efficiency technology improvements were largely offset by vehicles' increased weight, engine size, and consumer amenities such as acceleration capacity. After 2006, downsizing in weight and engine capacity was observed in new car fleet, while fuel consumption decreased by 32% between 2006 and 2015. We adopt a statistical method and find that from 1975 to 2015, a 1% increase in weight would result in 0.3 to 0.5% increments in fuelmore » consumption per 100 km, and a 1% reduction in 0-100 km/h acceleration time would increase fuel consumption by about 0.3%. Impacts of other attributes on fuel consumption are also assessed. To meet the European Union's 2021 fuel consumption target, downsizing of cars, as well as at least maintaining fuel efficiency technology growth trend observed between 2005 and 2015, are needed. Lastly, government policies on controlling improvement in acceleration performance or promoting alternative fuel vehicles are also important to achieve European Union 2021 target.« less

  4. Technological growth of fuel efficiency in european automobile market 1975–2015

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Hu, Kejia; Chen, Yuche

    This paper looks at the technological growth of new car fleet fuel efficiency in the European Union between 1975 and 2015. According to the analysis results, from1975 to 2006 the fuel efficiency technology improvements were largely offset by vehicles' increased weight, engine size, and consumer amenities such as acceleration capacity. After 2006, downsizing in weight and engine capacity was observed in new car fleet, while fuel consumption decreased by 32% between 2006 and 2015. We adopt a statistical method and find that from 1975 to 2015, a 1% increase in weight would result in 0.3 to 0.5% increments in fuelmore » consumption per 100 km, and a 1% reduction in 0-100 km/h acceleration time would increase fuel consumption by about 0.3%. Impacts of other attributes on fuel consumption are also assessed. To meet the European Union's 2021 fuel consumption target, downsizing of cars, as well as at least maintaining fuel efficiency technology growth trend observed between 2005 and 2015, are needed. Lastly, government policies on controlling improvement in acceleration performance or promoting alternative fuel vehicles are also important to achieve European Union 2021 target.« less

  5. Does EU's energy dependence on Russia increase price volatility for consumers?

    NASA Astrophysics Data System (ADS)

    Yekeler, Zeynep

    Europe's dependence on natural gas imports from Russia has raised questions about energy risk and the vulnerability of the European countries, especially after the supply cuts in 2006, 2008, 2009, and 2012. The implementation of the Third Energy Package to finally unify European energy markets by linking the states located on the periphery to the well connected gas hubs in Northern Europe has been slow due to a lack of political will across Europe. This has enabled Russian Gazprom to retain its position as a major player in European markets and hinder any European effort to diversify the energy portfolio of the region. Using residential natural gas and electricity price data from 2000 through 2014, this paper analyzes the impact of EU's import reliance on natural gas from Russia and the supply disruptions on the volatility of natural gas and electricity prices through a fixed effects regression model. Results indicate that while the size of Russian natural gas imports does not significantly affect natural gas and electricity price volatility in EU countries, security supply measures such as natural gas stocks matter, especially for Southeast European countries that consistently pay more according to the results. The paper concludes by discussing the importance of formulating policies that not only aim to reduce overall EU dependence but minimize Southeastern Europe's vulnerabilities. Policy suggestions include increasing cross-border interconnectors and storage capacity as well as increasing LNG import capacity by building regasification terminals in periphery countries like Greece, Bulgaria, Romania and Slovenia.

  6. Publishing Strategies of Young, Highly Mobile Academics: The Question of Language in the European Context

    ERIC Educational Resources Information Center

    Anderson, Laurie

    2013-01-01

    This paper examines links between publishing strategies and the academic mobility of multilingual entry-level scholars in the European context against the backdrop of European Union (EU) policies and research on academic labor market characteristics, skilled migration and scholarly publishing. An analysis of language of publication, patterns of…

  7. On the Black-Scholes European Option Pricing Model Robustness and Generality

    NASA Astrophysics Data System (ADS)

    Takada, Hellinton Hatsuo; de Oliveira Siqueira, José

    2008-11-01

    The common presentation of the widely known and accepted Black-Scholes European option pricing model explicitly imposes some restrictions such as the geometric Brownian motion assumption for the underlying stock price. In this paper, these usual restrictions are relaxed using maximum entropy principle of information theory, Pearson's distribution system, market frictionless and risk-neutrality theories to the calculation of a unique risk-neutral probability measure calibrated with market parameters.

  8. Analysis of French generic medicines retail market: why the use of generic medicines is limited.

    PubMed

    Dylst, Pieter; Vulto, Arnold; Simoens, Steven

    2014-12-01

    The market share of generic medicines in France is low compared to other European countries. This perspective paper provides an overview of the generic medicines retail market in France and how the current policy environment may affect the long-term sustainability. Looking at the French generic medicines retail market and the surrounding regulatory framework, all conditions seem to be in place to create a healthy generic medicines market: the country has well-respected regulatory authorities, generic medicines enter the market in a timely manner and prices of generic medicines are competitive compared with other European countries. Despite the success of the demand-side policies targeted at pharmacists and patients, those targeted at physicians were less successful due to a lack of enforcement and a lack of trust in generic medicines by French physicians. Recommendations to increase the use of generic medicines in France round off this perspective paper.

  9. Will isomalto-oligosaccharides, a well-established functional food in Asia, break through the European and American market? The status of knowledge on these prebiotics.

    PubMed

    Goffin, Dorothee; Delzenne, Nathalie; Blecker, Christophe; Hanon, Emilien; Deroanne, Claude; Paquot, Michel

    2011-05-01

    This critical review article presents the current state of knowledge on isomalto-oligosaccharides, some well known functional oligosaccharides in Asia, to evaluate their potential as emergent prebiotics in the American and European functional food market. It includes first a unique inventory of the different families of compounds which have been considered as IMOs and their specific structure. A description has been given of the different production methods including the involved enzymes and their specific activities, the substrates, and the types of IMOs produced. Considering the structural complexity of IMO products, specific characterization methods are described, as well as purification methods which enable the body to get rid of digestible oligosaccharides. Finally, an extensive review of their techno-functional and nutritional properties enables placing IMOs inside the growing prebiotic market. This review is of particular interest considering that IMO commercialization in America and Europe is a topical subject due to the recent submission by Bioneutra Inc. (Canada) of a novel food file to the UK Food Standards Agency, as well as several patents for IMO production.

  10. The European Narcolepsy Network (EU-NN) database.

    PubMed

    Khatami, Ramin; Luca, Gianina; Baumann, Christian R; Bassetti, Claudio L; Bruni, Oliviero; Canellas, Francesca; Dauvilliers, Yves; Del Rio-Villegas, Rafael; Feketeova, Eva; Ferri, Raffaele; Geisler, Peter; Högl, Birgit; Jennum, Poul; Kornum, Birgitte R; Lecendreux, Michel; Martins-da-Silva, Antonio; Mathis, Johannes; Mayer, Geert; Paiva, Teresa; Partinen, Markku; Peraita-Adrados, Rosa; Plazzi, Guiseppe; Santamaria, Joan; Sonka, Karel; Riha, Renata; Tafti, Mehdi; Wierzbicka, Aleksandra; Young, Peter; Lammers, Gert Jan; Overeem, Sebastiaan

    2016-06-01

    Narcolepsy with cataplexy is a rare disease with an estimated prevalence of 0.02% in European populations. Narcolepsy shares many features of rare disorders, in particular the lack of awareness of the disease with serious consequences for healthcare supply. Similar to other rare diseases, only a few European countries have registered narcolepsy cases in databases of the International Classification of Diseases or in registries of the European health authorities. A promising approach to identify disease-specific adverse health effects and needs in healthcare delivery in the field of rare diseases is to establish a distributed expert network. A first and important step is to create a database that allows collection, storage and dissemination of data on narcolepsy in a comprehensive and systematic way. Here, the first prospective web-based European narcolepsy database hosted by the European Narcolepsy Network is introduced. The database structure, standardization of data acquisition and quality control procedures are described, and an overview provided of the first 1079 patients from 18 European specialized centres. Due to its standardization this continuously increasing data pool is most promising to provide a better insight into many unsolved aspects of narcolepsy and related disorders, including clear phenotype characterization of subtypes of narcolepsy, more precise epidemiological data and knowledge on the natural history of narcolepsy, expectations about treatment effects, identification of post-marketing medication side-effects, and will contribute to improve clinical trial designs and provide facilities to further develop phase III trials. © 2016 European Sleep Research Society.

  11. Green power: A renewable energy resources marketing plan

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Barr, R.C.

    Green power is electricity generated from renewable energy sources such as power generated from the sun, the wind, the heat of the earth, and biomass. Green pricing is the marketing strategy to sell green power to customers who voluntarily pay a premium for it. Green pricing is evolving from the deregulation of the electric industry, the need for clean air, reflected in part as concern over global warming, and technology advances. The goal of the renewable energy marketing plan is to generate enough revenues for a utility to fund power purchase agreements (PPAs) with renewable energy developers or construct itsmore » own renewable facilities. Long-term, fixed price PPAs enable developers to obtain financing to construct new facilities, sometimes taking technological risks which a utility might not take otherwise. The marketing plan is built around different rate premiums for different categories of ratepayers, volunteer customer participation, customer participation recognition, and budget allocations between project costs and power marketing costs. Green prices are higher than those for conventional sources, particularly prices from natural gas fired plants. Natural gas is abundant relative to oil in price per British thermal unit (Btu). Green pricing can help bridge the gap between the current oversupply of gas and the time, not far off, when all petroleum prices will exceed those for renewable energy. The rapid implementation of green pricing is important. New marketing programs will bolster the growing demand for renewable energy evidenced in many national surveys thus decreasing the consumption of power now generated by burning hydrocarbons. This paper sets forth a framework to implement a green power marketing plan for renewable energy developers and utilities working together.« less

  12. Restructuring of the labour market and the role of third world migrations in Europe.

    PubMed

    Pugliese, E

    1993-10-01

    "This paper is an analysis of the way in which the changes in the labour market and in the occupational structure in Europe affect the situation and the role of Third World migrants." Changes in European labor migration patterns since the 1960s are first analyzed. The author notes that "intra-European migrations were industrial migrations because manufacturing and building industries were the most important and growing economic activities....Present-day migrations are postindustrial migrations. Immigrants work mostly in service activities and not infrequently in the informal economy. In any case migrant workers are located in the secondary labour market. The picture is made more complex by the fact than many immigrants are alegal or illegal because of the restrictive immigration policies in European countries." excerpt

  13. Essays on price dynamics, discovery, and dynamic threshold effects among energy spot markets in North America

    NASA Astrophysics Data System (ADS)

    Park, Haesun

    2005-12-01

    Given the role electricity and natural gas sectors play in the North American economy, an understanding of how markets for these commodities interact is important. This dissertation independently characterizes the price dynamics of major electricity and natural gas spot markets in North America by combining directed acyclic graphs with time series analyses. Furthermore, the dissertation explores a generalization of price difference bands associated with the law of one price. Interdependencies among 11 major electricity spot markets are examined in Chapter II using a vector autoregression model. Results suggest that the relationships between the markets vary by time. Western markets are separated from the eastern markets and the Electricity Reliability Council of Texas. At longer time horizons these separations disappear. Palo Verde is the important spot market in the west for price discovery. Southwest Power Pool is the dominant market in Eastern Interconnected System for price discovery. Interdependencies among eight major natural gas spot markets are investigated using a vector error correction model and the Greedy Equivalence Search Algorithm in Chapter III. Findings suggest that the eight price series are tied together through six long-run cointegration relationships, supporting the argument that the natural gas market has developed into a single integrated market in North America since deregulation. Results indicate that price discovery tends to occur in the excess consuming regions and move to the excess producing regions. Across North America, the U.S. Midwest region, represented by the Chicago spot market, is the most important for price discovery. The Ellisburg-Leidy Hub in Pennsylvania and Malin Hub in Oregon are important for eastern and western markets. In Chapter IV, a threshold vector error correction model is applied to the natural gas markets to examine nonlinearities in adjustments to the law of one price. Results show that there are nonlinear

  14. DTCA of prescription medicines in the European Union: is there still a need for a ban?

    PubMed

    Poser, Mareen

    2010-12-01

    The pharmaceutical sector is one of the main markets in the European Union. The consumption of medicines is high and steadily increasing. However, the pharmaceutical market is subject to a wider range of restrictions than almost any other sector. The restrictions mainly apply to information provision and advertising practice within the community. One of the main features in pharmaceutical regulation is the ban on direct-to-consumer advertising (DTCA) of prescription medicines. However, an abolition of the ban is controversial in the European Community, especially as the pharmaceutical industry keeps pleading for its ability to use the highly effective marketing strategy of DTCA to promote prescription medicines to the general public. Such advertising is only allowed in two jurisdictions in the world, New Zealand and the United States. In both systems the impact of DTCA on the consumer and the economy has been subject to research. The outcome of these studies is outlined in this article. Since the European Commission has provided a new proposal to amend the current information practice regarding prescription medicines in 2008 (European Commission, Proposal for a Directive of the European Parliament and of the Council Amending, as Regards Information to the General Public on Medicinal Products Subject to Medical Prescription, Directive 2001/83/EC on the Community Code Relating to Medicinal Products for Human Use, COM/2008/0663 final) it is time to examine different options to regulate the provision of information and discuss the need for a ban of DTCA.

  15. The legal framework governing the quality of (traditional) herbal medicinal products in the European Union.

    PubMed

    Kroes, Burt H

    2014-12-02

    In the European Union a complex regulatory framework is in place for the regulation of (traditional) herbal medicinal products. It is based on the principle that a marketing authorisation granted by the competent authorities is required for placing medicinal products on the market. The requirements and procedures for acquiring such a marketing authorisation are laid down in regulations, directives and scientific guidelines. This paper gives an overview of the quality requirements for (traditional) herbal medicinal products that are contained in European pharmaceutical legislation. Pharmaceutical quality of medicinal product is the basis for ensuring safe and effective medicines. The basic principles governing the assurance of the quality of medicinal products in the European Union are primarily defined in the amended Directive 2001/83/EC and Directive 2003/63/EC. Quality requirements of herbal medicinal products are also laid down in scientific guidelines. Scientific guidelines provide a basis for practical harmonisation of how the competent authorities of EU Member States interpret and apply the detailed requirements for the demonstration of quality laid down in regulations and directives. Detailed quality requirements for herbal medicinal products on the European market are contained in European Union (EU) pharmaceutical legislation. They include a system of manufacturing authorisations which ensures that all herbal medicinal products on the European market are manufactured/imported only by authorised manufacturers, whose activities are regularly inspected by the competent authorities. Additionally, as starting materials only active substances are allowed which have been manufactured in accordance with the GMP for starting materials as adopted by the Community. The European regulatory framework encompasses specific requirements for herbal medicinal products. These requirements are independent from the legal status. Thus, the same quality standards equally apply

  16. The European Union's emissions trading system in perspective

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    A. Denny Ellerman; Paul L. Joskow

    2008-05-15

    The performance of the European Union's Emissions Trading System (EU ETS) to date cannot be evaluated without recognizing that the first three years from 2005 through 2007 constituted a 'trial' period and understanding what this trial period was supposed to accomplish. Its primary goal was to develop the infrastructure and to provide the experience that would enable the successful use of a cap-and-trade system to limit European GHG emissions during a second trading period, 2008-12, corresponding to the first commitment period of the Kyoto Protocol. The trial period was a rehearsal for the later more serious engagement and it wasmore » never intended to achieve significant reductions in CO{sub 2} emissions in only three years. In light of the speed with which the program was developed, the many sovereign countries involved, the need to develop the necessary data, information dissemination, compliance and market institutions, and the lack of extensive experience with emissions trading in Europe, we think that the system has performed surprisingly well. Although there have been plenty of rough edges, a transparent and widely accepted price for tradable CO{sub 2} emission allowances emerged by January 1, 2005, a functioning market for allowances has developed quickly and effortlessly without any prodding by the Commission or member state governments, the cap-and-trade infrastructure of market institutions, registries, monitoring, reporting and verification is in place, and a significant segment of European industry is incorporating the price of CO{sub 2} emissions into their daily production decisions. The development of the EU ETS and the experience with the trial period provides a number of useful lessons for the U.S. and other countries. 27 refs., 7 figs., 5 tabs.« less

  17. The effect of land use intensity on soil organic carbon stocks of European croplands

    NASA Astrophysics Data System (ADS)

    Dechow, Rene; Gebbert, Sören; Franko, Uwe; Kätterer, Thomas; Kolbe, Hartmut

    2013-04-01

    Croplands cover about one third of Europe and are assumed to be the biggest source of greenhouse gas emissions of the European biosphere with the degradation of soil organic carbon (SOC) being a major contributor of this source. Soil carbon stocks of croplands are subjected to ranges of natural and anthropogenic influences that control the release or uptake of CO2. The separation of drivers is essential for assessing recent and prospective GHG mitigation potentials by cropland management. Within the last decades the management of European croplands is characterized by an ongoing intensification. The increasing influence of the global market on farmers' decision and the establishment of industrialized farming practise in Europe had significant impact on the shift of crop rotations during the last decades. Due to the high spatial variability and the dominating fraction of slowly degradable carbon it needs at least decades to detect changes while agricultural management is characterized by short term system interventions. Long term observations representing time intervals of decades to hundreds of years are therefore essential to make reliable suggestions about the sensitivity of soil carbon turnover against external impacts because the temporal scale of these experiments corresponds to the temporal scale of soil C turnover. A data set of about 32 European long-term experiments (380 variants) was used to quantify the uncertainty of the RothC soil carbon model. The parameters of the model were adapted to represent the sensitivity of SOC on weather conditions and crop types found in the data set by applying an Monte Carlo Markov Chain algorithm. Integrated in a GIS environment the modified model was used to run scenarios that vary in terms of climate conditions and crop rotations within the time period 1970-2010 on a European scale. Regionalized sensitivities of SOC on natural drivers and crop rotations will be presented.

  18. Frequency aspects of information transmission in a network of three western equity markets

    NASA Astrophysics Data System (ADS)

    Schmidbauer, Harald; Rösch, Angi; Uluceviz, Erhan

    2017-11-01

    Cycles in the behavior of stock markets have been widely documented. There is an increasing body of literature on whether stock markets anticipate business cycles or its turning points. Several recent studies assert that financial integration impacts positively on business cycle comovements of economies. We consider three western equity markets, represented by their respective stock indices: DJIA (USA), FTSE 100 (UK), and Euro Stoxx 50 (euro area). Connecting these three markets together via vector autoregressive processes in index returns, we construct ;propagation values; to measure and trace, on a daily basis, the relative importance of a market as a volatility creator within the network, where volatility is due to a return shock in a market. A cross-wavelet analysis reveals the joint frequency structure of pairs of the propagation value series, in particular whether or not two series tend to move in the same direction at a given frequency. Our main findings are: (i) From 2001 onwards, the daily propagation values of markets have been fluctuating much less than before, and high frequencies have become less pronounced; (ii) the European markets are in phase at business cycle frequency, while the US market is not in phase with either European market; (iii) in 2008, the euro area has taken over the leading role. This approach not only provides new insight into the time-dependent interplay of equity markets, but it can also replicate certain findings of traditional business cycle research, and it has the advantage of using only readily available stock market data.

  19. Correlations of multiscale entropy in the FX market

    NASA Astrophysics Data System (ADS)

    Stosic, Darko; Stosic, Dusan; Ludermir, Teresa; Stosic, Tatijana

    2016-09-01

    The regularity of price fluctuations in exchange rates plays a crucial role in FX market dynamics. Distinct variations in regularity arise from economic, social and political events, such as interday trading and financial crisis. This paper applies a multiscale time-dependent entropy method on thirty-three exchange rates to analyze price fluctuations in the FX. Correlation matrices of entropy values, termed entropic correlations, are in turn used to describe global behavior of the market. Empirical results suggest a weakly correlated market with pronounced collective behavior at bi-weekly trends. Correlations arise from cycles of low and high regularity in long-term trends. Eigenvalues of the correlation matrix also indicate a dominant European market, followed by shifting American, Asian, African, and Pacific influences. As a result, we find that entropy is a powerful tool for extracting important information from the FX market.

  20. From heterogeneity to harmonization? Recent trends in European health policy.

    PubMed

    Gerlinger, Thomas; Urban, Hans-Jürgen

    2007-01-01

    In the European Union (EU), health policy and the institutional reform of health systems have been treated primarily as national affairs, and health care systems within the EU thus differ considerably. However, the health policy field is undergoing a dynamic process of Europeanization. This process is stimulated by the orientation towards a more competitive economy, recently inaugurated and known as the Lisbon Strategy, while the regulatory requirements of the European Economic and Monetary Union are stimulating the Europeanization of health policy. In addition, the so-called open method of coordination, representing a new mode of regulation within the European multi-level system, is applied increasingly to the health policy area. Diverse trends are thus emerging. While the Lisbon Strategy goes along with a strategic upgrading of health policy more generally, health policy is increasingly used to strengthen economic competitiveness. Pressure on Member States is expected to increase to contain costs and promote market-based health care provision.

  1. THE DEVELOPMENT AND THE STRATEGY OF THE OIL AND GAS PIPELINES OF RUSSIA

    NASA Astrophysics Data System (ADS)

    Motomura, Masumi

    The Russian oil and gas industry earns more than half of the Russian tax revenue and foreign currency, and has been playing the role of the backbone of the state economy through the eras of the Soviet Union and the Russian Federation. With the elongation of distance to the European market from the oil producing regions, starting from Baku in the era of Imperial Russia to the Second Baku (Volga-Ural) and the third Baku (West Siberia) in turn, the role of the oil pipeline system as the transportation infrastructure became more and more important and the deployment of pipelines has become one of the indispensable pillars of oil strategy. Now, the oil pipeline network is to reach the Pacific Ocean, which will enable Northeast Asia to be added as a destination for Russian oil, with a result of expanding influence for Russia in these regions. On the other hand, gas exports from the Soviet Union to Eastern Europe started in 1967 by constructing a trunk pipeline from Ukraine, which was extended to West Germany in 1973, overcoming the confrontation between the East and the West and becoming a regional stabilizer. The United States considered this pipeline as an energy weapon and criticized this deal by saying that when Soviet gas flows to Western Europe, its political influence must flow like the gas itself. However, the Soviet Union collapsed in 1991, while gas transportation continued without any disruption. This is evidence that the gas pipeline from the Soviet Union was purely for a business purpose and was not politicized. Recently, Russia is aiming to export gas to northeastern Asia, which is expected to be a new stabilizer in this region, although different types of diffi culties (especially about the method of determination of the gas price) still need to be resolved.

  2. The Problem of a Market-Oriented University

    ERIC Educational Resources Information Center

    Hayrinen-Alestalo, Marja; Peltola, Ulla

    2006-01-01

    Economy- and technology-driven theories dominate current explanations of social change. The political orientations of the European Union and many of its member states are increasingly based on the idea of knowledge economy where public organisations move towards market-orientation. Among the other producers of knowledge, universities are expected…

  3. Determination of suitability of natural Polish resources for production of ceramic proppants applied in gas exploration from European shale formations

    NASA Astrophysics Data System (ADS)

    Szymanska, Joanna; Mizera, Jaroslaw

    2017-04-01

    Poland is one of few European countries undertaking innovative research towards effective exploration of hydrocarbons form shale deposits. With regard for strict geological conditions, which occur during hydraulic fracturing, it is required to apply ceramic proppants enhancing extraction of shale gas. Ceramic proppants are granules (16/30 - 70/120 Mesh) classified as propping agents. These granules located in the newly created fissures (due to injected high pressure fluid) in the shale rock, act as a prop, what enables gas flow up the well. It occurs if the proppants can resist high stress of the closing fractures. Commonly applied proppants are quartz sands used only for shallow reservoirs and fissile shales (in the USA). Whereas, the ceramic granules are proper for extraction of gas on the high depths at hard geomechanical conditions (in Europe) to increase output even by 30 - 50%. In comparison to other propping materials, this kind of proppants predominate with mechanical strength, smoother surface, lower solubility in acids and also high stability in water. Such parameters can be available through proper raw materials selection to further proppants production. The Polish ceramic proppants are produced from natural resources as kaolin, bauxite and white clay mixed with water and binders. Afterwards, the slurries are subjected to granulation in a mechanical granulator and sintered at high temperatures (1200 - 1550°C). Taking into consideration presence of geomechanical barriers, that prevent fracture propagation beyond shale formations, it is crucial to determine quality of applied natural deposits. Next step is to optimize the proppants production and select the best kind of granules, what was the aim of this research. Utility of the raw materials was estimated on basis of their particle size distribution, bulk density, specific surface area (BET) and thermal analysis (thermogravimetry). Morphology and shape were determined by Scanning Electron Microscopy (SEM

  4. Land of the free, home of the (un)regulated: A look at market-building and liberalization in the EU and the US

    NASA Astrophysics Data System (ADS)

    Hoffmann, Leif Soren Birger Per Ove Holm

    In my dissertation I argue that because the European Union and the United States of America have been largely treated as unique or at least special cases, both the literature on American-state building and that on European market integration have missed how close comparison alters both our descriptive views and social-scientific explanations of the shape of each polity. In particular, scholars have not sufficiently recognized that the European Union has gone further than the United States in many elements of the creation of a centralized, liberalized single market, nor have they produced explanations that account well for this development. This study challenges the dominant assumption that the United States is generally more hierarchical and centralized than the European Union and more of a single free market in the sense of fewer allowable trade barriers. By analyzing the rules of market integration in services (over 70% of GDP), public procurement (15 -- 20% GDP) and the regulated goods markets (goods like elevators with their own regulatory regimes), I demonstrate that in all these major cases the European Union has adopted rules that open exchange to competition more than the United States. While the actual integration of flows on the ground is still generally less across European states than American ones, the political rules are more - and more liberally - integrated in Europe. I offer an institutional and ideational argument to explain these differences, with two main parts. First, there is no American parallel to the institution of the European Commission, which is mandated to continually push liberalization forward. My research shows that Commission leadership has been critical to each of the examined cases. Second, broader norms of legitimate governance favor centralized authority - including liberalizing central authority - more in the European Union than in the United States. Despite all the criticism we hear of the European Union, the basic notion of

  5. Building America Case Study: Assessment of a Hybrid Retrofit Gas Water Heater

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    M. Hoeschele, E. Weitzel, C. Backman

    This project completed a modeling evaluation of a hybrid gas water heater that combines a reduced capacity tankless unit with a downsized storage tank. This product would meet a significant market need by providing a higher efficiency gas water heater solution for retrofit applications while maintaining compatibility with the half-inch gas lines and standard B vents found in most homes. The TRNSYS simulation tool was used to model a base case 0.60 EF atmospheric gas storage water, a 0.82 EF non-condensing gas tankless water heater, an existing (high capacity) hybrid unit on the market, and an alternative hybrid unit withmore » lower storage volume and reduced gas input requirements.« less

  6. Gas Analyzer

    NASA Technical Reports Server (NTRS)

    1983-01-01

    A miniature gas chromatograph, a system which separates a gaseous mixture into its components and measures the concentration of the individual gases, was designed for the Viking Lander. The technology was further developed under National Institute for Occupational Safety and Health (NIOSH) and funded by Ames Research Center/Stanford as a toxic gas leak detection device. Three researchers on the project later formed Microsensor Technology, Inc. to commercialize the product. It is a battery-powered system consisting of a sensing wand connected to a computerized analyzer. Marketed as the Michromonitor 500, it has a wide range of applications.

  7. Informal Food Production in the Enlarged European Union

    ERIC Educational Resources Information Center

    Alber, Jens; Kohler, Ulrich

    2008-01-01

    How widespread is the production of food in old and new member states of the European Union and what is the social meaning or logic of such activities? We show that growing food is (a) more widespread in former communist countries than in traditional market economies and (b) is predominantly a hobby or recreational activity in affluent countries,…

  8. Academic Researchers on the Project Market in the Ethos of Knowledge Capitalism

    ERIC Educational Resources Information Center

    Brunila, Kristiina; Hannukainen, Kristiina

    2017-01-01

    How knowledge capitalism retools the scope of academic research and researchers is an issue which this article ties to the project market in the ethos of knowledge capitalism. In Finland, academic research has been forced to apply for funding in project-based activities reflecting European Union policies. The project market, which in this article…

  9. An Approach for harmonizing European Water Portals

    NASA Astrophysics Data System (ADS)

    Pesquer, Lluís; Stasch, Christoph; Masó, Joan; Jirka, Simon; Domingo, Xavier; Guitart, Francesc; Turner, Thomas; Hinderk Jürrens, Eike

    2017-04-01

    A number of European funded research projects is developing novel solutions for water monitoring, modeling and management. To generate innovations in the water sector, third parties from industry and the public sector need to take up the solutions and bring them into the market. A variety of portals exists to support this move into the market. Examples on the European level are the EIP Water Online Marketplace(1), the WaterInnEU Marketplace(2), the WISE RTD Water knowledge portal(3), the WIDEST- ICT for Water Observatory(4) or the SWITCH-ON Virtual Product Market and Virtual Water-Science Laboratory(5). Further innovation portals and initiatives exist on the national or regional level, for example, the Denmark knows water platform6 or the Dutch water alliance(7). However, the different portals often cover the same projects, the same products and the same services. Since they are technically separated and have their own data models and databases, people need to duplicate information and maintain it at several endpoints. This requires additional efforts and hinders the interoperable exchange between these portals and tools using the underlying data. In this work, we provide an overview on the existing portals and present an approach for harmonizing and integrating common information that is provided across different portals. The approach aims to integrate the common in formation in a common database utilizing existing vocabularies, where possible. An Application Programming Interface allows access the information in a machine-readable way and utilizing the information in other applications beyond description and discovery purposes. (1) http://www.eip-water.eu/my-market-place (2) https://marketplace.waterinneu.org (3) http://www.wise-rtd.info/ (4) http://iwo.widest.eu (5) http://www.switch-on-vwsl.eu/ (6) http://www.rethinkwater.dk/ (7) http://wateralliance.nl/

  10. Payloads development for European land mobile satellites: A technical and economical assessment

    NASA Technical Reports Server (NTRS)

    Perrotta, G.; Rispoli, F.; Sassorossi, T.; Spazio, Selenia

    1990-01-01

    The European Space Agency (ESA) has defined two payloads for Mobile Communication; one payload is for pre-operational use, the European Land Mobile System (EMS), and one payload is for promoting the development of technologies for future mobile communication systems, the L-band Land Mobile Payload (LLM). A summary of the two payloads and a description of their capabilities is provided. Additionally, an economic assessment of the potential mobile communication market in Europe is provided.

  11. Payloads development for European land mobile satellites: A technical and economical assessment

    NASA Astrophysics Data System (ADS)

    Perrotta, G.; Rispoli, F.; Sassorossi, T.; Spazio, Selenia

    The European Space Agency (ESA) has defined two payloads for Mobile Communication; one payload is for pre-operational use, the European Land Mobile System (EMS), and one payload is for promoting the development of technologies for future mobile communication systems, the L-band Land Mobile Payload (LLM). A summary of the two payloads and a description of their capabilities is provided. Additionally, an economic assessment of the potential mobile communication market in Europe is provided.

  12. Wind offering in energy and reserve markets

    NASA Astrophysics Data System (ADS)

    Soares, T.; Pinson, P.; Morais, H.

    2016-09-01

    The increasing penetration of wind generation in power systems to fulfil the ambitious European targets will make wind power producers to play an even more important role in the future power system. Wind power producers are being incentivized to participate in reserve markets to increase their revenue, since currently wind turbine/farm technologies allow them to provide ancillary services. Thus, wind power producers are to develop offering strategies for participation in both energy and reserve markets, accounting for market rules, while ensuring optimal revenue. We consider a proportional offering strategy to optimally decide upon participation in both markets by maximizing expected revenue from day-ahead decisions while accounting for estimated regulation costs for failing to provide the services. An evaluation of considering the same proportional splitting of energy and reserve in both day- ahead and balancing market is performed. A set of numerical examples illustrate the behavior of such strategy. An important conclusion is that the optimal split of the available wind power between energy and reserve strongly depends upon prices and penalties on both market trading floors.

  13. AIDS and the marketing of condoms.

    PubMed

    Boone, L E; Kurtz, D L

    1988-01-01

    The condom market has undergone unprecedented change in the 1980's and will continue to see its markets, advertising strategies, and sales grow and change in ways never before imagined. In the past, condoms were viewed as unmentionable products that were marketed only at men between 18 and 35 and sold only in gas station restrooms and bus stations. But today women account for and estimated 40-50% of condom sales and after a Supreme Court ruling in 1977, condoms are now sold in front of the counter, not behind it. Further, the AIDS epidemic which has afflicted 40,000 U.S. citizens between 19811 and 1988 has served as an impetus to growth and diversification of the condom market. The new legitimacy of the condom combined with new entries into the market by other manufacturers has resulted in growth and segmentation in the condom market.

  14. Environmental and economic analyses of waste disposal options for traditional markets in Indonesia

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Aye, Lu; Widjaya, E.R.

    2006-07-01

    Waste from traditional markets in Indonesia is the second largest stream of municipal solid waste after household waste. It has a higher organic fraction and may have greater potential to be managed on a business scale compared to household wastes. The attributed reason is that in general the wastes generated from traditional markets are more uniform, more concentrated and less hazardous than waste from other sources. This paper presents the results of environmental and economic assessments to compare the options available for traditional market waste disposal in Indonesia. The options compared were composting in labour intensive plants, composting in amore » centralised plant that utilised a simple wheel loader, centralised biogas production and landfill for electricity production. The current open dumping practice was included as the baseline case. A life cycle assessment (LCA) was used for environmental analysis. All options compared have lower environmental impacts than the current practice of open dumping. The biogas production option has the lowest environmental impacts. A cost-benefit analysis, which considered greenhouse gas savings, was used for the economic assessment. It was found that composting at a centralised plant is the most economically feasible option under the present Indonesian conditions. The approach reported in this study could be applied for 'a pre-feasibility first cut comparison' that includes environmental aspects in a decision-making framework for developing countries even though European emission factors were used.« less

  15. Optranet: a European project

    NASA Astrophysics Data System (ADS)

    Jeanjean, Marie

    2003-10-01

    In a situation where curricula did not adjust at the required pace and many students are getting attracted out of science and technology, the shortage of skilled workers at the technician and engineer level is known to be a threat to development. In spite of a serious crisis in 2001, the trend of an increased presence of optical technologies remains unchanged and is bound to remain part of the landscape for decades. The level of investment required and the markets make Europe the best scale to plan for unified curricula and a global analysis of the human resources needs. There is no agreement on the definition of a trained optician, and European countries differ in the way they educate opticians, source of a lack of clarity and visibility which is detrimental to attracting good students and to the job market. Through its closely work with companies, OPTRANET will propose measures to enhance the adequacy and the visibility of the training offer.

  16. Supplier Networks and the Importance of Information Technology: Outlook on the European Automotive Industry

    NASA Astrophysics Data System (ADS)

    Gil, Maria José Alvarez; Kulcsar, Borbala; Aksoy, Dilan

    The trends in the automotive industry changed radically from the beginning of the 80s. Increasing competition, new systems and developments compelled the companies to re-evaluate and re-design their investments and processes, by extending their networks to other parts of the world in order to gain more market. This trend could be observed first in the Western-European countries and later in Eastern-Europe. With entering new areas the companies had to face with several difficulties coming inter alia from the decisions of supplier network and information system implementation. In our study we analyze the strategic decisions of major carmaker companies entering the Eastern-European market. Our research includes two case studies of the Hungarian automotive sector.

  17. North-south polarization of European electricity consumption under future warming.

    PubMed

    Wenz, Leonie; Levermann, Anders; Auffhammer, Maximilian

    2017-09-19

    There is growing empirical evidence that anthropogenic climate change will substantially affect the electric sector. Impacts will stem both from the supply side-through the mitigation of greenhouse gases-and from the demand side-through adaptive responses to a changing environment. Here we provide evidence of a polarization of both peak load and overall electricity consumption under future warming for the world's third-largest electricity market-the 35 countries of Europe. We statistically estimate country-level dose-response functions between daily peak/total electricity load and ambient temperature for the period 2006-2012. After removing the impact of nontemperature confounders and normalizing the residual load data for each country, we estimate a common dose-response function, which we use to compute national electricity loads for temperatures that lie outside each country's currently observed temperature range. To this end, we impose end-of-century climate on today's European economies following three different greenhouse-gas concentration trajectories, ranging from ambitious climate-change mitigation-in line with the Paris agreement-to unabated climate change. We find significant increases in average daily peak load and overall electricity consumption in southern and western Europe (∼3 to ∼7% for Portugal and Spain) and significant decreases in northern Europe (∼-6 to ∼-2% for Sweden and Norway). While the projected effect on European total consumption is nearly zero, the significant polarization and seasonal shifts in peak demand and consumption have important ramifications for the location of costly peak-generating capacity, transmission infrastructure, and the design of energy-efficiency policy and storage capacity.

  18. Long-range dependence in returns and volatility of global gold market amid financial crises

    NASA Astrophysics Data System (ADS)

    Omane-Adjepong, Maurice; Boako, Gideon

    2017-04-01

    Using sampled historical daily gold market data from 07-03-1985 to 06-01-2015, and building on a related work by Bentes (2016), this paper examines the presence of long-range dependence (LRD) in the world's gold market returns and volatility, accounting for structural breaks. The sampled gold market data was divided into subsamples based on four global crises: the September 1992 collapse of the European Exchange Rate Mechanism (ERM), the Asian financial crisis of mid-1997, the Subprime meltdown of 2007, and the recent European sovereign debt crisis, which hit the world's market with varying effects. LRD test was carried-out on the full-sample and subsample periods using three semiparametric methods-before and after adjusting for structural breaks. The results show insignificant evidence of LRD in gold returns. However, very diminutive evidence is found for periods characterized by financial/economic shocks, with no significant detections for post-shock periods. Collectively, this is indicative that the gold market is less speculative, and hence could be somehow less risky for hedging and portfolio diversification.

  19. Mapping the Teaching of Laboratory Animal Science and Medicine in the European Union and European Free Trade Area.

    PubMed

    Iatridou, Despoina; Nagy, Zsuzsanna; De Briyne, Nancy; Saunders, Jimmy; Bravo, Ana

    2018-06-13

    Developing a common market and allowing free movement of goods, services, and people is one of the main objectives of the European Union (EU) and the European Free Trade Area. In the field of scientific research, Directive 2010/63/EU on the protection of animals used for scientific purposes aims to improve the welfare of laboratory animals by following the principle of the 3Rs (replacement, reduction, and refinement). Each breeder, supplier, and user must appoint a designated veterinarian to advise on the well-being and treatment of the animals. In our report we investigate how the undergraduate veterinary curriculum prepares future veterinarians for the role of designated veterinarian, by analyzing data from 77 European veterinary education establishments. Over 80% of them provide training in laboratory animal science and medicine in their curriculum. All countries in the EU and the European Free Trade Area, having national veterinary schools, include such training in the curriculum of at least one of their establishments. Laboratory animal science and medicine courses can be obligatory or elective and are often part of more than one subject in the veterinary curricula. Post-graduate courses or programs are available at more than 50% of those veterinary schools. Most authorities in the European region consider graduate veterinarians ready to seek the role as designated veterinarian immediately after graduation.

  20. [History of the evaluation of medicines aiming for marketing authorization].

    PubMed

    Caulin, C

    2008-01-01

    The European Directive on Medicines Evaluation and Marketing Authorization were issued in 1975. For more than 30 years, Marketing Authorization criteria have been defined as pharmaceutical and biological quality, therapeutic efficacy, and safety. The application comes from the pharmaceutical company and must include the full data on drug development. French procedures have always included practical assessment of the drug by health practitioners: clinicians, pharmacists, biologists, and specialists in biostatistics.

  1. Petroleum marketing monthly, May 1994

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Not Available

    1994-05-26

    The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. The Petroleum Marketing Division, Office of Oil and Gas, Energy Information Administration ensures the accuracy, quality, and confidentiality of the published datamore » in the Petroleum Marketing Monthly.« less

  2. Global energy strategies: Looking over the horizon

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    NONE

    1996-12-31

    This document presents reports which were presented at the 1996 Cambridge Energy Research Associate`s (CERA) Executive Conference. Topics include: the political and economic outlook; CERA`s 1996 outlook; the energy company of the 21st century; oil market dynamics; natural gas business; generating strategies; growth opportunities in the oil industry; emerging oil and gas strategies; natural gas market; Asia Pacific energy; Latin America energy; California`s energy future; European gas and power opportunities; Russian and FSU energy. Individual reports were processed separately for the Department of Energy databases.

  3. Key Data on Vocational Training in the European Union.

    ERIC Educational Resources Information Center

    European Centre for the Development of Vocational Training, Thessaloniki (Greece).

    This book provides key quantitative and qualitative data on vocational education and training (VET) in the European Union. Among the topics on which data are provided are the following: demographic trends, educational attainment, and the labor market (aging of the population and labor force, changes in educational attainment over time, impacts of…

  4. Natural gas imports and exports. Fourth quarter report, 1998

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    NONE

    1998-12-31

    The Office of Natural Gas and Petroleum Import and Export Activities prepares quarterly reports summarizing the data provided by companies authorized to import or export natural gas. Companies are required, as a condition of their authorizations, to file quarterly reports. This report is for the fourth quarter of 1998 (October through December). Attachment A shows the percentage of takes to maximum firm contract levels and the weighted average per unit price for each of the long-term importers during the five most recent reporting quarters. Attachment B shows volumes and prices of gas purchased by long-term importers and exporters during themore » past 12 months. Attachment C shows volume and price information pertaining to gas imported on a short-term or spot market basis. Attachment D shows the gas exported on a short-term or spot market basis to Canada and Mexico.« less

  5. Natural gas imports and exports. Third quarter report 1997

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    NONE

    This quarterly report, prepared by The Office of Natural Gas and Petroleum Import and Export Activities, summarizes the data provided by companies authorized to import or export natural gas. Numerical data are presented in four attachments, each of which is comprised of a series of tables. Attachment A shows the percentage of takes to maximum firm contract levels and the weighted average per unit price for each of the long-term importers during the five most recent calendar quarters. Volumes and prices of gas purchased by long-term importers and exporters during the past year are given in Attachment B. Attachment Cmore » shows volume and price information pertaining to gas imported on a short-term or spot market basis. Attachment D lists gas exported on a short-term or spot market basis to Canada and Mexico. Highlights of the report are very briefly summarized.« less

  6. Natural gas imports and exports. First quarter report, 1998

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    NONE

    The Office of Natural Gas and Petroleum Import and Export Activities prepares quarterly reports summarizing the data provided by companies authorized to import or export natural gas. Companies are required, as a condition of their authorizations, to file quarterly reports. This report is for the first quarter of 1998 (January through March). Attachment A shows the percentage of takes to maximum firm contract levels and the weighted average per unit price for each of the long-term importers during the five most recent reporting quarters. Attachment B shows volumes and prices of gas purchased by long-term importers and exporters during themore » past 12 months. Attachment C shows volume and price information pertaining to gas imported on a short-term or spot market basis. Attachment D shows the gas exported on a short-term or spot market basis to Canada and Mexico.« less

  7. Impact of energy prices on agricultural and energy markets: an integrated modeling approach

    EPA Science Inventory

    The accelerated growth in biofuels markets has both created and reinforced linkages between agricultural and energy markets. This study investigates the dynamics in biofuel and agricultural markets under alternative price scenarios for both crude oil and natural gas. Two energy ...

  8. Estimating the greenhouse gas fluxes of European grasslands with a process-based model: 1. Model evaluation from in situ measurements

    NASA Astrophysics Data System (ADS)

    Vuichard, Nicolas; Soussana, Jean-FrançOis; Ciais, Philippe; Viovy, Nicolas; Ammann, Christof; Calanca, Pierluigi; Clifton-Brown, John; Fuhrer, Jürg; Jones, Mike; Martin, CéCile

    2007-03-01

    We improved a process-oriented biogeochemical model of carbon and nitrogen cycling in grasslands and tested it against in situ measurements of biomass and CO2 and CH4 fluxes at five European grassland sites. The new version of the model (PASIM) calculates the growth and senescence of aboveground vegetation biomass accounting for sporadic removals when the grassland is cut and for continuous removals when it is grazed. Limitations induced by high leaf area index (LAI), soil water deficits and aging of leaves are also included. We added to this a simple empirical formulation to account for the detrimental impact on vegetation of trampling and excreta by grazing animals. Finally, a more realistic methane emission module than is currently used was introduced on the basis of the quality of the animals' diet. Evaluation of this improved version of PASIM is performed at (1) Laqueuille, France, on grassland continuously grazed by cattle with two plots of intensive and extensive grazing intensities, (2) Oensingen, Switzerland, on cut grassland with two fertilized and nonfertilized plots, and (3) Carlow, Ireland, on grassland that is both cut and grazed by cattle during the growing season. In addition, we compared the modeled animal CH4 emissions with in situ measurements on cattle for two grazing intensities at the grazed grassland site of Laqueuille. Altogether, when all improvements to the PASIM model are included, we found that the new parameterizations resulted into a better fit to the observed seasonal cycle of biomass and of measured CO2 and CH4 fluxes. However, the large uncertainties in measurements of biomass and LAI make simulation of biomass dynamics difficult to make. Also simulations for cut grassland are better than for grazed swards. This work paves the way for simulating greenhouse gas fluxes over grasslands in a spatially explicit manner, in order to quantify and understand the past, present and future role of grasslands in the greenhouse gas budget of the

  9. European Labor Market in Critical Times: The Importance of Flexicurity Confirmed

    ERIC Educational Resources Information Center

    Caspar, Sigried; Hartwig, Ines; Moench, Barbara

    2012-01-01

    The midterm impact of the economic crisis on the employment situation in the EU member states varied largely (European Commission, 2010a, Chapter 1). Whereas the Baltic States, Ireland, and above all Spain registered job losses of more than 10 percent from immediately before to after the crisis, that is, between the second quarter of 2008 and the…

  10. Solar-gas systems impact analysis study

    NASA Astrophysics Data System (ADS)

    Neill, C. P.; Hahn, E. F.; Loose, J. C.; Poe, T. E.; Hirshberg, A. S.; Haas, S.; Preble, B.; Halpin, J.

    1984-07-01

    The impacts of solar/gas technologies on gas consumers and on gas utilities were measured separately and compared against the impacts of competing gas and electric systems in four climatic regions of the U.S. A methodology was developed for measuring the benefits or penalties of solar/gas systems on a combined basis for consumers sand distribution companies. It is shown that the combined benefits associated with solar/gas systems are generally greatest when the systems are purchased by customers who would have otherwise chosen high-efficiency electric systems (were solar/gas systems not available in the market place). The role of gas utilities in encouraging consumer acceptance of solar/gas systems was also examined ion a qualitative fashion. A decision framework for analyzing the type and level of utility involvement in solar/gas technologies was developed.

  11. Education, mental health, and education-labor market misfit.

    PubMed

    Bracke, Piet; van de Straat, Vera; Missinne, Sarah

    2014-12-01

    Higher-educated people experience enhanced mental health. We ponder whether the mental health benefits of educational attainment are limitless. At the individual level, we look at the impact of job-education mismatch. At the societal level, we hypothesize that diminishing economic returns on education limit its mental health benefits. Using a subsample of individuals aged 20 to 65 years (N = 28,288) from 21 countries in the European Social Survey (ESS 2006), we estimate the impact on depressive symptoms of characteristics at both the employee level (years of education and job-education mismatch) and the labor market/country level (the gap between the nontertiary and tertiary educated in terms of unemployment risks and earnings). The results show that educational attainment produces mental health benefits in most European countries. However, in some of the countries, these benefits are limited or even completely eliminated by education-labor market misfit. © American Sociological Association 2014.

  12. Gas demand forecasting by a new artificial intelligent algorithm

    NASA Astrophysics Data System (ADS)

    Khatibi. B, Vahid; Khatibi, Elham

    2012-01-01

    Energy demand forecasting is a key issue for consumers and generators in all energy markets in the world. This paper presents a new forecasting algorithm for daily gas demand prediction. This algorithm combines a wavelet transform and forecasting models such as multi-layer perceptron (MLP), linear regression or GARCH. The proposed method is applied to real data from the UK gas markets to evaluate their performance. The results show that the forecasting accuracy is improved significantly by using the proposed method.

  13. Alcohol Marketing during the UEFA EURO 2016 Football Tournament: A Frequency Analysis.

    PubMed

    Purves, Richard I; Critchlow, Nathan; Stead, Martine; Adams, Jean; Brown, Katherine

    2017-06-29

    This study examined the frequency and nature of alcohol marketing references in broadcasts of the 2016 UEFA (Union of European Football Associations) European Championships football tournament in the United Kingdom (UK). Eighteen matches from across the tournament were recorded in full as broadcast in the UK, including all four matches featuring the English national team and all seven featuring the French national team. All visual and verbal references to alcohol marketing were recorded using a tool with high inter-rater reliability. A total of 2213 alcohol marketing references were recorded, an average of 122.94 per broadcast and 0.65 per broadcast minute (0.52 per minute in-play and 0.80 per minute out-of-play). Almost all references were visual (97.5%), with 77.9% occurring around the pitch border. Almost all (90.6%) were indirect references to alcohol brands (e.g., references to well-known slogans), compared to only 9.4% direct references to brands (e.g., brand names). The frequency of references to alcohol marketing was high. Although the overall proportion of direct brand references was low, the high proportion of indirect references demonstrates that alcohol producers were able to circumvent the French national law governing alcohol marketing (the Loi Évin) using indirect "alibi marketing". To ensure the spirit of the Loi Évin regulations are achieved, stricter enforcement may be required to limit exposure to alcohol marketing, particularly for young people.

  14. The Vision of Students Enrolled in European Technical Universities Regarding Tomorrow'S World

    NASA Astrophysics Data System (ADS)

    Duşe, Dan-Maniu; Nemeş, Cătălin

    2014-11-01

    Starting from Michael Rendell and his team's "Managing tomorrow's people", this paper sets out to build a possible future of leadership in European technical universities. We can ask ourselves if European technical universities could exist in a Blue, Green and Orange World. How would they look like and how efficient would "corporate" universities be, assuming that the Blue World would prevail in the next 10 years. What should their development strategies be and what labor markets would absorb its graduates? What if universities would be in the Green or Orange World? What leaders should they have then? Starting from these questions we try to construct possible scenarios for a European reality

  15. Expansion of the U.S. Natural Gas Pipeline Network

    EIA Publications

    2009-01-01

    Additions in 2008 and Projects through 2011. This report examines new natural gas pipeline capacity added to the U.S. natural gas pipeline system during 2008. In addition, it discusses and analyzes proposed natural gas pipeline projects that may be developed between 2009 and 2011, and the market factors supporting these initiatives.

  16. Asia's communications market booms

    NASA Astrophysics Data System (ADS)

    Davis, Neil W.

    1995-01-01

    Asia's communications and direct broadcasting satellite business markets has bloomed, with a growing number of Asian-owned communications satellites launched and others purchased for imminent use. Ironically, Hong Kong now possesses Asia's most successful satellite TV broadcasting firm, even though it does not hold the keys to the actual technology. In contrast, Japan holds virtually all the technical keys but companies are bogged down by financial trouble, the absence of a local enterprise equivalent to telecommunications, and bureaucratic intervention. Due to large trade deficits vis-a-vis Tokyo and lower prices offered by US and European telecom equipment suppliers, Asian countries are not buying from Japan. Currently, excessive competition is likely to come from other Asian countries, prompting Japanese firms surprised by this development to attempt at 'bridging' the competition gap with the US and European suppliers.

  17. A decade of marketing approval of gene and cell-based therapies in the United States, European Union and Japan: An evaluation of regulatory decision-making.

    PubMed

    Coppens, D G M; de Wilde, S; Guchelaar, H J; De Bruin, M L; Leufkens, H G M; Meij, P; Hoekman, J

    2018-05-02

    There is a widely held expectation of clinical advance with the development of gene and cell-based therapies (GCTs). Yet, establishing benefits and risks is highly uncertain. We examine differences in decision-making for GCT approval between jurisdictions by comparing regulatory assessment procedures in the United States (US), European Union (EU) and Japan. A cohort of 18 assessment procedures was analyzed by comparing product characteristics, evidentiary and non-evidentiary factors considered for approval and post-marketing risk management. Product characteristics are very heterogeneous and only three products are marketed in multiple jurisdictions. Almost half of all approved GCTs received an orphan designation. Overall, confirmatory evidence or indications of clinical benefit were evident in US and EU applications, whereas in Japan approval was solely granted based on non-confirmatory evidence. Due to scientific uncertainties and safety risks, substantial post-marketing risk management activities were requested in the EU and Japan. EU and Japanese authorities often took unmet medical needs into consideration in decision-making for approval. These observations underline the effects of implemented legislation in these two jurisdictions that facilitate an adaptive approach to licensing. In the US, the recent assessments of two chimeric antigen receptor-T cell (CAR-T) products are suggestive of a trend toward a more permissive approach for GCT approval under recent reforms, in contrast to a more binary decision-making approach for previous approvals. It indicates that all three regulatory agencies are currently willing to take risks by approving GCTs with scientific uncertainties and safety risks, urging them to pay accurate attention to post-marketing risk management. Copyright © 2018 International Society for Cellular Therapy. Published by Elsevier Inc. All rights reserved.

  18. Regulation, competition in natural gas industry

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    O`Neill, R.P.; Whitmore, C.S.

    1995-08-01

    Conventional regulatory and rate-making tools are not adequate to deal with today`s natural-gas market, according to Richard P. O`Neill and Charles S. Whitmore of the Federal Energy Regulatory Commission in Washington, D.C. {open_quotes}Competitive market forces can substitute for many activities that traditionally have been regulated,{close_quotes} say O`Neill and Whitmore. {open_quotes}However, market-based solutions are only effective if traditional regulations is replaced by institutions that foster competition.{close_quotes} The transition to the era of open access to the transmission network, and thus to wellhead competition, started in the mid-1980s. More recently, change has also occurred in the industry`s communication and control activities. Pipelinesmore » now make more use of electronic communication and control, which will spread into pricing and capacity-release markets. Current trends and new policies for greater gas use make forecasting as difficult now as it has been for the past 20 years. O`Neill and Whitmore conclude that development of efficient institutions, therefore, should be the most important task of regulatory bodies.« less

  19. A sliding windows approach to analyse the evolution of bank shares in the European Union

    NASA Astrophysics Data System (ADS)

    Ferreira, Paulo; Dionísio, Andreia; Guedes, Everaldo Freitas; Zebende, Gilney Figueira

    2018-01-01

    Both sub-prime and Eurozone debt crisis problems caused severe financial crisis, which affected European markets in general, but particularly the banking sector. The continuous devaluation of bank shares in the financial sector caused a great decrease in market capitalization, and in citizen and investor confidence. Panic among investors led them to sell shares, while other agents took the opportunity to buy them. Therefore, the study of bank shares is important, particularly of their efficiency. In this paper, adopting a sliding windows detrended fluctuation approach, we analyse the efficiency concept dynamically with 63 European banks (both in and outside the Eurozone). The main results show that the crisis had an effect on changing the efficiency pattern.

  20. Petroleum marketing monthly, September 1994

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Not Available

    The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum product sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners` acquisition cost of crude oil. Refined petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. The Petroleum Marketing Division, Office of Oil and Gas, Energy Information Administration ensuresmore » the accuracy, quality, and confidentiality of the published data in the Petroleum Marketing Monthly.« less

  1. Model documentation: Natural gas transmission and distribution model of the National Energy Modeling System. Volume 1

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    NONE

    1995-02-17

    The Natural Gas Transmission and Distribution Model (NGTDM) is the component of the National Energy Modeling System (NEMS) that is used to represent the domestic natural gas transmission and distribution system. NEMS was developed in the Office of integrated Analysis and Forecasting of the Energy information Administration (EIA). NEMS is the third in a series of computer-based, midterm energy modeling systems used since 1974 by the EIA and its predecessor, the Federal Energy Administration, to analyze domestic energy-economy markets and develop projections. The NGTDM is the model within the NEMS that represents the transmission, distribution, and pricing of natural gas.more » The model also includes representations of the end-use demand for natural gas, the production of domestic natural gas, and the availability of natural gas traded on the international market based on information received from other NEMS models. The NGTDM determines the flow of natural gas in an aggregate, domestic pipeline network, connecting domestic and foreign supply regions with 12 demand regions. The methodology employed allows the analysis of impacts of regional capacity constraints in the interstate natural gas pipeline network and the identification of pipeline capacity expansion requirements. There is an explicit representation of core and noncore markets for natural gas transmission and distribution services, and the key components of pipeline tariffs are represented in a pricing algorithm. Natural gas pricing and flow patterns are derived by obtaining a market equilibrium across the three main elements of the natural gas market: the supply element, the demand element, and the transmission and distribution network that links them. The NGTDM consists of four modules: the Annual Flow Module, the Capacity F-expansion Module, the Pipeline Tariff Module, and the Distributor Tariff Module. A model abstract is provided in Appendix A.« less

  2. [The role of the Committee for Medicinal Products for Human Use (CHMP) in the European centralised procedure].

    PubMed

    Enzmann, Harald; Schneider, C

    2008-07-01

    The centralised procedure for marketing authorisation at the European Medicines Agency (EMEA) started more than 10 years ago, offering marketing authorisation for all member states of the European Union in a single procedure. Originally it was a purely optional alternative to the established national procedures; however, its importance has been growing ever since. The introduction of the mandatory scope for several important indications was a crucial step. The increasing importance of the centralised procedure was paralleled by the increasing weight of the EMEA and of the Committee for Human Medicinal Products (CHMP) who is responsible for scientific evaluation in the centralised procedure. This paper describes the basic principles of the centralised procedure including the definitions of the mandatory and optional scope, and how the CHMP works including its responsibility in European referrals that provide a link to national procedures.

  3. 77 FR 21748 - Oil and Gas Trade Mission to Israel

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-04-11

    ... DEPARTMENT OF COMMERCE International Trade Administration Oil and Gas Trade Mission to Israel... Foreign Commercial Service (CS), is organizing an Executive-led Oil and Gas Trade Mission to Israel.... The purpose of the mission is to introduce U.S. firms to Israel's rapidly expanding oil and gas market...

  4. European option pricing under the Student's t noise with jumps

    NASA Astrophysics Data System (ADS)

    Wang, Xiao-Tian; Li, Zhe; Zhuang, Le

    2017-03-01

    In this paper we present a new approach to price European options under the Student's t noise with jumps. Through the conditional delta hedging strategy and the minimal mean-square-error hedging, a closed-form solution of the European option value is obtained under the incomplete information case. In particular, we propose a Value-at-Risk-type procedure to estimate the volatility parameter σ such that the pricing error is in accord with the risk preferences of investors. In addition, the numerical results of us show that options are not priced in some cases in an incomplete information market.

  5. Smart Computer-Assisted Markets

    NASA Astrophysics Data System (ADS)

    McCabe, Kevin A.; Rassenti, Stephen J.; Smith, Vernon L.

    1991-10-01

    The deregulation movement has motivated the experimental study of auction markets designed for interdependent network industries such as natural gas pipelines or electric power systems. Decentralized agents submit bids to buy commodity and offers to sell transportation and commodity to a computerized dispatch center. Computer algorithms determine prices and allocations that maximize the gains from exchange in the system relative to the submitted bids and offers. The problem is important, because traditionally the scale and coordination economies in such industries were thought to require regulation. Laboratory experiments are used to study feasibility, limitations, incentives, and performance of proposed market designs for deregulation, providing motivation for new theory.

  6. The impact of the treaty basis on health policy legislation in the European Union: A case study on the tobacco advertising directive

    PubMed Central

    Boessen, Sandra; Maarse, Hans

    2008-01-01

    Background The Europe Against Cancer programme was initiated in the late 1980s, recognising, among other risk factors, the problematic relationship between tobacco use and cancer. In an attempt to reduce the number of smokers in the European Community, the European Commission proposed a ban on tobacco advertising. The question of why it took over ten years of negotiating before the EU adopted a policy measure that could in fact improve the health situation in the Community, can only be answered by focusing on politics. Methods We used an actor-centred institutionalist approach, focusing on the strategic behaviour of the major actors involved. We concentrated our analysis on the legal basis as an important institution and evaluated how the absence of a proper legal basis for public health measures in the Treaties influenced policy-making, framing the discussion in market-making versus market-correcting policy interventions. For our analysis, we used primary and secondary sources, including policy documents, communications and press releases. We also conducted 9 semi-structured interviews. Results The ban on tobacco advertising was, in essence, a public health measure. The Commission used its agenda-setting power and framed the market-correcting proposal in market-making terms. The European Parliament and the Council of Ministers then used the discussion on the legal basis as a vehicle for real political controversies. After adoption of the ban on tobacco advertising, Germany appealed to the European Court of Justice, which annulled the ban but also offered suggestions for a possible solution with article 100a as the legal basis. Conclusion The whole market-making versus market-correcting discussion is related to a broader question, namely how far European health regulation can go in respect to the member states. In fact, the policy-making process of a tobacco advertising ban, as described in this paper, is related to the 'constitutional' foundation of health policy

  7. The impact of the treaty basis on health policy legislation in the European Union: a case study on the tobacco advertising directive.

    PubMed

    Boessen, Sandra; Maarse, Hans

    2008-04-08

    The Europe Against Cancer programme was initiated in the late 1980s, recognising, among other risk factors, the problematic relationship between tobacco use and cancer. In an attempt to reduce the number of smokers in the European Community, the European Commission proposed a ban on tobacco advertising. The question of why it took over ten years of negotiating before the EU adopted a policy measure that could in fact improve the health situation in the Community, can only be answered by focusing on politics. We used an actor-centred institutionalist approach, focusing on the strategic behaviour of the major actors involved. We concentrated our analysis on the legal basis as an important institution and evaluated how the absence of a proper legal basis for public health measures in the Treaties influenced policy-making, framing the discussion in market-making versus market-correcting policy interventions. For our analysis, we used primary and secondary sources, including policy documents, communications and press releases. We also conducted 9 semi-structured interviews. The ban on tobacco advertising was, in essence, a public health measure. The Commission used its agenda-setting power and framed the market-correcting proposal in market-making terms. The European Parliament and the Council of Ministers then used the discussion on the legal basis as a vehicle for real political controversies. After adoption of the ban on tobacco advertising, Germany appealed to the European Court of Justice, which annulled the ban but also offered suggestions for a possible solution with article 100a as the legal basis. The whole market-making versus market-correcting discussion is related to a broader question, namely how far European health regulation can go in respect to the member states. In fact, the policy-making process of a tobacco advertising ban, as described in this paper, is related to the 'constitutional' foundation of health policy legislation in the Community. The

  8. Major challenges loom for natural gas industry, study says

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    O'Driscoll, M.

    The 1994 edition of Natural Gas Trends, the annual joint study by Cambridge Energy Research Associates and Arthur Anderson Co., says that new oil-to-gas competition, price risks and the prospect of unbundling for local distribution companies loom as major challenges for the natural gas industry. With a tighter supply-demand balance in the past two years compounded by the fall in oil prices, gas is in head-to-head competition with oil for marginal markets, the report states. And with higher gas prices in 1993, industrial demand growth slowed while utility demand for gas fell. Some of this was related to fuel switching,more » particularly in the electric utility sector. Total electric power demand for gas has risen slightly due to the growth in industrial power generation, but there has yet to be a pronounced surge in gas use during the 1990s - a decade in which many had expected gas to make major inroads into the electric power sector, the report states. And while utilities still have plans to add between 40,000 and 45,000 megawatts of gas-fired generating capacity, gas actually has lost ground in the utility market to coal and nuclear power: In 1993, electricity output from coal and nuclear rose, while gas-fired generation fell to an estimated 250 billion kilowatt-hours - the lowest level since 1986, when gas generated 246 billion kwh.« less

  9. [The significance of meat quality in marketing].

    PubMed

    Kallweit, E

    1994-07-01

    Food quality in general and meat quality in particular are not only evaluated by means of objective quality traits but the entire production process is gaining more attention by the modern consumer. Due to this development quality programs were developed to define the majority of the processes in all production and marketing steps which are again linked by contracts. Not all of these items are quality relevant, but are concessions to ethic principles (animal welfare etc.). This is demonstrated by the example of Scharrel-pork production. The price differentiation at the pork market is still influenced predominantly by quantitative carcass traits. On the European market quality programs still are of minor significance. Premiums which are paid for high quality standards are more or less compensated by higher production costs and lower lean meat percentages, which must be expected in stress susceptible strains. The high efforts to establish quality programs, however, help to improve the quality level in general, and secure the market shares for local producers.

  10. Building America Case Study: Assessment of a Hybrid Retrofit Gas Water Heater

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    This project completed a modeling evaluation of a hybrid gas water heater that combines a reduced capacity tankless unit with a downsized storage tank. This product would meet a significant market need by providing a higher efficiency gas water heater solution for retrofit applications while maintaining compatibility with the half-inch gas lines and standard B vents found in most homes. The TRNSYS simulation tool was used to model a base case 0.60 EF atmospheric gas storage water, a 0.82 EF non-condensing gas tankless water heater, an existing (high capacity) hybrid unit on the market, and an alternative hybrid unit withmore » lower storage volume and reduced gas input requirements. Simulations were completed under a 'peak day' sizing scenario with 183 gpd hot water loads in a Minnesota winter climate case. Full-year simulations were then completed in three climates (ranging from Phoenix to Minneapolis) for three hot water load scenarios (36, 57, and 96 gpd). Model projections indicate that the alternative hybrid offers an average 4.5% efficiency improvement relative to the 0.60 EF gas storage unit across all scenarios modeled. The alternative hybrid water heater evaluated does show promise, but the current low cost of natural gas across much of the country and the relatively small incremental efficiency improvement poses challenges in initially building a market demand for the product.« less

  11. The impact of clustering of extreme European windstorm events on (re)insurance market portfolios

    NASA Astrophysics Data System (ADS)

    Mitchell-Wallace, Kirsten; Alvarez-Diaz, Teresa

    2010-05-01

    Traditionally the occurrence of windstorm loss events in Europe has been considered as independent. However, a number of significant losses close in space and time indicates that this assumption may need to be revised. Under particular atmospheric conditions multiple loss-causing cyclones can occur in succession, affecting similar geographic regions and, therefore, insurance markets. A notable example is of Lothar and Martin in France in December 1999. Although the existence of cyclone families is well-known by meteorologists, there has been limited research into occurrence of serial windstorms. However, climate modelling research is now providing the ability to explore the physical drivers of clustering, and to improve understanding of the hazard aspect of catastrophe modelling. While analytics tools, including catastrophe models, may incorporate assumptions regarding the influence of dependency through statistical means, the most recent research outputs provide a new strand of information with the potential to re-assess the probabilistic loss potential in light of clustering and to provide an additional view on probable maximum losses to windstorm-exposed portfolios across regions such as Northwest Europe. There is however, a need for the testing of these new techniques within operational (re)insurance applications, and this paper provide an overview of the most current clustering research, including the 2009 paper by Vitolo et. al., in relation to reinsurance risk modelling, and to assess the potential impact of such additional information on the overall risk assessment process. We examine the consequences of the serial clustering of extra-tropical cyclones demonstrated by Vitolo et al. (2009) from the perspective of a large European reinsurer, examining potential implications for: • Pricing • Accumulation And • Capital adequacy

  12. Trends in the energy market after World War II (WW II)

    NASA Astrophysics Data System (ADS)

    Swart, K.

    1992-01-01

    After WW II, trends developed in the energy markets that continued virtually unbroken till 1972. The main trend was the strong growth of oil as a percentage of total energy consumed. Not only did oil monopolise the rapidly growing transportation market but it also penetrated rapidly into the stationary energy market. In the second half of the sixties, after the discovery of the Groningen Gas field, pipeline natural gas took a sizable share of the domestic and commercial energy market in Western Europe. This market was mainly fed by gas from Groningen, the North Sea and Russia. Another trend was the steady growth of electricity as a percentage of the stationary market partly based on nuclear energy. Coal was the loser. This rather steady development was upset by the first oil crisis in 1972. This crisis was a political crisis which had little to do with the physical availability of crude oil. Between 1972 and the present, periods of reasonable price stability were interrupted by violent swings in the price of oil and gas. Moreover, during this period the environmental movement became a major influence in the energy field. Notwithstanding the generally unstable market, some new trends developed after 1972 and some old ones continued. Will these trends continue long enough to be useful for making a scenario for the future? The forecaster should not assume that the development of energy consumption in the USA, Western Europe and Japan will continue to be of overwhelming importance. Developments in South East Asia and Eastern Europe should be watched very carefully. There are reasons to believe that at a certain stage in economic development, transportation demand shoots up much faster than economic growth, leading to a rapid demand growth for distillate oil. Of importance is also how will the rapidly developing countries generate their increasing demand for electricity and how will they fuel their industry? There can be little doubt that in the rich countries

  13. Where Are the Babies? Labor Market Conditions and Fertility in Europe

    PubMed Central

    Adsera, Alicia

    2013-01-01

    Cross-country differences in both the age at first birth and fertility are substantial in Europe. This paper uses distinct fluctuations in unemployment rates across European countries during the 1980s and the 1990s combined with broad differences in their labor market arrangements to analyze the associations between fertility timing and the changing economic environment with close to 50,000 women from thirteen European countries. First, it employs time varying measures of aggregate market conditions in each woman s country as covariates and second, it adds micro-measures of each woman s labor market history to the models. High and persistent unemployment in a country is associated with delays in childbearing (and second births). The association is robust to diverse measures of unemployment and to controls for family-friendly policies. Besides moderate unemployment, a large public employment sector (which provides security and benefits) is coupled with faster transitions to all births. Women with temporary contracts, mostly in Southern Europe, are the least likely to give birth to a second child. PMID:23580794

  14. European perspectives on pediatric formulations.

    PubMed

    Breitkreutz, Jörg

    2008-11-01

    The 2007 European Union (EU) regulation on medicinal products for pediatric use may change the present unsatisfying situation in the EU by stimulating research and development of medicines for use in children through rewards and incentives. This commentary reflects on the new EU regulations and guidelines, with special attention paid to the impact on pediatric formulation science. The focus of this article is on the EU perspective for pediatric formulations and highlights the differences compared with the pediatric drug formulation situation in the United States. Materials for this article were gathered during a literature search of MEDLINE and Chemical Abstracts (1970-October 2008) using the following terms: paediatric/pediatric drug formulations, age-appropriate dosage forms, child-appropriate medicines, and paediatric/pediatric regulation. Since the EU legislation on medicines for children came into force in 2007, a great emphasis has been placed on creating new organizations, scientific networks, and programs dealing with pediatric medicines and child-appropriate drug formulations. Although the US legislation was an appropriate model, the EU introduced some novel measures to improve the current situation, such as the Paediatric Investigation Plan and the Paediatric Use Marketing Authorisation. For globally operating pharmaceutical companies, the peculiarities of the European market have a strong impact on their product development strategies. Because the European approach demands early investigations into drug formulations for children, various issues must be resolved, including the following: choosing formulations for each age group, determining which excipients may be used in the formulation and which delivery device is appropriate, and predicting the taste sensation of an oral formulation. Numerous initiatives and networks are evolving in Europe. An important future task will be the coordination of these activities and the linking to other groups working on

  15. Clinical trials for authorized biosimilars in the European Union: a systematic review

    PubMed Central

    Mielke, Johanna; Koenig, Franz; Jones, Byron

    2016-01-01

    Aim In 2006, Omnitrope (by Sandoz) was the first approved biosimilar in Europe. To date, 21 biosimilars for seven different biologics are on the market. The present study compared the clinical trials undertaken to obtain market authorization. Methods We summarized the findings of a comprehensive review of all clinical trials up to market authorization of approved biosimilars, using the European public assessment reports (EPARs) published by the European Medicines Agency (EMA). The features compared were, among others, the number of patients enrolled, the number of trials, the types of trial design, choice of endpoints and equivalence margins for pharmacokinetic (PK)/pharmacodynamic (PD) and phase III trials. Results The variability between the clinical development strategies is high. Some differences are explainable by the characteristics of the product; if, for example, the PD marker can be assumed to predict the clinical outcome, no efficacy trials might be necessary. However, even for products with the same reference product, the sample size, endpoints and statistical models are not always the same. Conclusions There seems to be flexibility for sponsors regarding the decision as to how best to prove biosimilarity. PMID:27580073

  16. Motives for consumer choice of traditional food and European food in mainland China.

    PubMed

    Wang, Ou; De Steur, Hans; Gellynck, Xavier; Verbeke, Wim

    2015-04-01

    The demand for European (-style) foods in mainland China has been increasing dramatically during the last decade. Nevertheless, European food producers often appear to be not capable to fully exploit this huge market potential, partially due to the competition with traditional (Chinese) foods. This study examines the determinants of mainland Chinese consumers' choice of traditional food and European food. A web-based survey was administered with 541 consumers from two cities: Shanghai and Xi'an. Thereby, the Food Choice Motives model, predominantly used thus far in a European or developed context, is applied to mainland China in order to address the lack of knowledge on food motives of its consumer market and to detect associations between these motives, attitudes, and purchase intentions. Factor analysis resulted in a new Food Choice Motive construct that is considered more appropriate within the context of mainland Chinese consumers, encompassing six dimensions: Health concern, Time or money saving, Sensory appeal, Availability and familiarity, Mood and Food safety concern. Path analysis demonstrated that Time or money saving was negatively associated with attitude toward traditional food on the one hand and purchase intentions toward European food on the other hand. Availability and familiarity had a positive association with attitude toward traditional food. Mood was a positive factor driving attitude toward European food. For both food types, Sensory appeal and Attitude were positively linked to purchase intentions. Furthermore, Mood was negatively linked to the purchase intention toward traditional food in Shanghai. Food safety concern was positively associated with attitudes toward traditional food in Xi'an. Copyright © 2014 Elsevier Ltd. All rights reserved.

  17. Impact of European legislation on marketed pesticides--a view from the standpoint of health impact assessment studies.

    PubMed

    Karabelas, A J; Plakas, K V; Solomou, E S; Drossou, V; Sarigiannis, D A

    2009-10-01

    The very significant impact of European legislation (Directive 91/414/EEC) on the authorization of plant protection products is reviewed herein, which has resulted in withdrawal of 704 active substances (AS) out of 889 assessed so far. The list of currently approved 276 AS includes 194 AS "existing" in the market before 1993 and 82 "new" AS introduced during the last 15 years. Results of toxicity characterization of the approved AS are also summarized, utilizing several well-known databases. Although significant data gaps exist for a rather large part of the approved AS, it is found that 84 AS are positive for at least one health effect (after chronic and/or acute exposure) including carcinogenicity, reproductive and neuro-developmental disorders, as well as endocrine disruption. The toxicity characterization results of this study are compared to those of recent assessments by other organizations (KemI, the Swedish Chemicals Agency, and the Pesticide Safety Directorate of the UK), where interpretation and use is made of AS "cut-off" criteria foreseen in new EU legislation. These studies report a comparatively smaller AS number with positive toxicity characterization. The possibility of some additional AS withdrawal in the near future, combined with the rather small rate of new AS introduction (approx. 5 per year) suggest that the list of approved AS over the next 10-15 years may not change very drastically. Consideration of the above trends is necessary and instructive in evaluating results of existing health impact assessment (HIA) studies, as well as in planning new ones. Due to the very drastic change in the number and type of marketed AS, that took place within the past 8-9years, it is suggested that new HIA studies (based on epidemiological data after year 2000) should focus on a rather short time frame and, therefore, on appropriate cohort groups, e.g. young children. For the same reason, results of epidemiological studies of the past (involving banned AS

  18. Distributed Energy Generation Systems Based on Renewable Energy and Natural Gas Blending: New Business Models for Economic Incentives, Electricity Market Design and Regulatory Innovation

    NASA Astrophysics Data System (ADS)

    Nyangon, Joseph

    Expansion of distributed energy resources (DERs) including solar photovoltaics, small- and medium-sized wind farms, gas-fired distributed generation, demand-side management, and energy storage poses significant complications to the design, operation, business model, and regulation of electricity systems. Using statistical regression analysis, this dissertation assesses if increased use of natural gas results in reduced renewable energy capacity, and if natural gas growth is correlated with increased or decreased non-fossil renewable fuels demand. System Generalized Method of Moments (System GMM) estimation of the dynamic relationship was performed on the indicators in the econometric model for the ten states with the fastest growth in solar generation capacity in the U.S. (e.g., California, North Carolina, Arizona, Nevada, New Jersey, Utah, Massachusetts, Georgia, Texas, and New York) to analyze the effect of natural gas on renewable energy diffusion and the ratio of fossil fuels increase for the period 2001-2016 to policy driven solar demand. The study identified ten major drivers of change in electricity systems, including growth in distributed energy generation systems such as intermittent renewable electricity and gas-fired distributed generation; flat to declining electricity demand growth; aging electricity infrastructure and investment gaps; proliferation of affordable information and communications technologies (e.g., advanced meters or interval meters), increasing innovations in data and system optimization; and greater customer engagement. In this ongoing electric power sector transformation, natural gas and fast-flexing renewable resources (mostly solar and wind energy) complement each other in several sectors of the economy. The dissertation concludes that natural gas has a positive impact on solar and wind energy development: a 1% rise in natural gas capacity produces 0.0304% increase in the share of renewable energy in the short-run (monthly) compared

  19. Alcohol Marketing during the UEFA EURO 2016 Football Tournament: A Frequency Analysis

    PubMed Central

    Critchlow, Nathan; Stead, Martine; Adams, Jean; Brown, Katherine

    2017-01-01

    This study examined the frequency and nature of alcohol marketing references in broadcasts of the 2016 UEFA (Union of European Football Associations) European Championships football tournament in the United Kingdom (UK). Eighteen matches from across the tournament were recorded in full as broadcast in the UK, including all four matches featuring the English national team and all seven featuring the French national team. All visual and verbal references to alcohol marketing were recorded using a tool with high inter-rater reliability. A total of 2213 alcohol marketing references were recorded, an average of 122.94 per broadcast and 0.65 per broadcast minute (0.52 per minute in-play and 0.80 per minute out-of-play). Almost all references were visual (97.5%), with 77.9% occurring around the pitch border. Almost all (90.6%) were indirect references to alcohol brands (e.g., references to well-known slogans), compared to only 9.4% direct references to brands (e.g., brand names). The frequency of references to alcohol marketing was high. Although the overall proportion of direct brand references was low, the high proportion of indirect references demonstrates that alcohol producers were able to circumvent the French national law governing alcohol marketing (the Loi Évin) using indirect “alibi marketing”. To ensure the spirit of the Loi Évin regulations are achieved, stricter enforcement may be required to limit exposure to alcohol marketing, particularly for young people. PMID:28661462

  20. Testing the usefulness of the number needed to treat to be harmed (NNTH) in benefit-risk evaluations: case study with medicines withdrawn from the European market due to safety reasons.

    PubMed

    Mendes, Diogo; Alves, Carlos; Batel Marques, Francisco

    2016-10-01

    To explore the usefulness of number needed to treat to be harmed (NNTH), in benefit-risk assessments, by studying the agreement between NNTH values and withdrawals of medicines from European market due to safety reasons. Medicines with data from longitudinal studies were included. Studies were identified from European Medicines Agency's Reports. Meta-analyses were performed to pool odds ratios (OR) with 95% confidence-intervals (CI). Published control event rates were applied to ORs to calculate NNTHs (95%CI) for selected adverse events. NNTH (95%CI) decreased from pre- to post-marketing for the eight medicines included: peripheral neuropathy (∞ vs. 12[non-significant; NS] with almitrine; heart valve disease with benfluorex (∞ vs. NNTH ranging from 7[4-13] to 7[5-9]); myopathy (-4096[NS] vs. 797[421-1690]), new-onset diabetes (113[NS] vs. 390[425-778]), bleeding (∞ vs. 517[317-1153]), and infection (∞ vs. 253[164-463]) with niacin-laropiprant; psychiatric disorders (12[7-34] vs. 9[5-24]) with rimonabant; myocardial infarction (MI) [-1305 vs. 270[89-4362]) with rofecoxib; MI (-510 vs. NNTH ranging from 152[55-4003] to 568[344-1350]) with rosiglitazone; cardiovascular events (∞ vs. 245[129-1318]) with sibutramine; and liver injury (∞ vs. 5957[NS]) with ximelagatran. NNTH have potential of use as a supportive tool in benefit-risk re-evaluations of medicines and may help regulators to making decisions on drug safety.

  1. Real options and asset valuation in competitive energy markets

    NASA Astrophysics Data System (ADS)

    Oduntan, Adekunle Richard

    The focus of this work is to develop a robust valuation framework for physical power assets operating in competitive markets such as peaking or mid-merit thermal power plants and baseload power plants. The goal is to develop a modeling framework that can be adapted to different energy assets with different types of operating flexibilities and technical constraints and which can be employed for various purposes such as capital budgeting, business planning, risk management and strategic bidding planning among others. The valuation framework must also be able to capture the reality of power market rules and opportunities, as well as technical constraints of different assets. The modeling framework developed conceptualizes operating flexibilities of power assets as "switching options' whereby the asset operator decides at every decision point whether to switch from one operating mode to another mutually exclusive mode, within the limits of the equipment constraints of the asset. As a current decision to switch operating modes may affect future operating flexibilities of the asset and hence cash flows, a dynamic optimization framework is employed. The developed framework accounts for the uncertain nature of key value drivers by representing them with appropriate stochastic processes. Specifically, the framework developed conceptualizes the operation of a power asset as a multi-stage decision making problem where the operator has to make a decision at every stage to alter operating mode given currently available information about key value drivers. The problem is then solved dynamically by decomposing it into a series of two-stage sub-problems according to Bellman's optimality principle. The solution algorithm employed is the Least Squares Monte Carlo (LSM) method. The developed valuation framework was adapted for a gas-fired thermal power plant, a peaking hydroelectric power plant and a baseload power plant. This work built on previously published real options valuation

  2. Tempest gas turbine extends EGT product line

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Chellini, R.

    With the introduction of the 7.8 MW (mechanical output) Tempest gas turbine, ECT has extended the company`s line of its small industrial turbines. The new Tempest machine, featuring a 7.5 MW electric output and a 33% thermal efficiency, ranks above the company`s single-shaft Typhoon gas turbine, rated 3.2 and 4.9 MW, and the 6.3 MW Tornado gas turbine. All three machines are well-suited for use in combined heat and power (CHP) plants, as demonstrated by the fact that close to 50% of the 150 Typhoon units sold are for CHP applications. This experience has induced EGT, of Lincoln, England, tomore » announce the introduction of the new gas turbine prior to completion of the testing program. The present single-shaft machine is expected to be used mainly for industrial trial cogeneration. This market segment, covering the needs of paper mills, hospitals, chemical plants, ceramic industry, etc., is a typical local market. Cogeneration plants are engineered according to local needs and have to be assisted by local organizations. For this reason, to efficiently cover the world market, EGT has selected a number of associates that will receive from Lincoln completely engineered machine packages and will engineer the cogeneration system according to custom requirements. These partners will also assist the customer and dispose locally of the spares required for maintenance operations.« less

  3. Review of European electric propulsion developments

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Bartoli, C.; Berry, W.

    1987-05-01

    European activities in the field of electric propulsion research, primarily under ESA sponsorship, are discussed. Attention is given to German RF ion thrusters using Xe gas propellant, a family of British Xe-propellant Kaufmann thrusters with outputs in the 10-200 mN range, the results of tests with the Field Emission Electric Propulsion system, Italian MPD thruster-related research, and recent developments in power-augmented catalytic thruster and resistojet electrothermal propulsion systems. 51 references.

  4. Harmonization of European neurology education: the junior doctor's perspective.

    PubMed

    Macerollo, Antonella; Struhal, Walter; Sellner, Johann

    2013-10-29

    The objective of this article, written by executives of the European Association of Young Neurologists and Trainees (EAYNT), is to illustrate the status quo of neurology training in Europe and give an outlook on ongoing efforts and prospects for junior neurologists. The European Union is an economic and political union that currently encompasses 27 member states with more than 500 million inhabitants (or 7.3% of the world population) (interested readers are referred to http://en.wikipedia.org/wiki/European_Union). Countries of the European Union act as a single market with free movement of citizens, goods, services, and finances. As a consequence, a diploma and postgraduate training obtained in one EU country will be automatically recognized by all other EU member states. At the Lisbon European Council in March 2000, the Heads of State or Government signed a treaty that expresses their ambition of making Europe "the most competitive and dynamic knowledge-based economy in the world, capable of sustainable economic growth with more and better jobs and greater social cohesion" (www.en.wikipedia.org/wiki/Lisbon_Strategy). More than 1.6 million physicians in all the different medical specialties are represented by the European Union of Medical Specialists (UEMS). The UEMS was founded in 1958 and the objectives include the study, promotion, and harmonization of the highest level of training of medical specialists, medical practice, and health care within the European Union. The European Board of Neurology (UEMS-EBN; www.uems-neuroboard.org) is in charge of the implementation of the UEMS policy regarding neurology.

  5. [European Marketing Authorisation: a long process. Experiences of small biotech companies with the ATMP regulation].

    PubMed

    Buljovčić, Z

    2011-07-01

    On 30 December 2008, the Regulation (EC) 1394/2007 on advanced therapy medicinal products (ATMPs) entered into force. Herewith the first EU-wide regulatory framework for ATMPs was established. It requires a central marketing authorisation application to the EMA (European Medicinal Agency). This new framework especially changes the code of regulatory practice for tissue engineered products (TEPs), as no registration procedure had been previously required for autologous TEPs. This also meant that no clinical proof of efficacy achieved by a pivotal clinical trial was necessary. Difficulties and their background as well as the vast requirements for product development that have to be addressed by small companies within a very short time frame are presented. Hereby, it is obvious that regulatory experience which is required to identify and implement the resulting implications was not in place yet and still had to be established. The lack of regulatory experience also resulted in difficulties with scientific advice preparation, expectations toward regulatory agencies, consultants, and transformation of regulatory requirements. Addressing the regulatory requirements within the transition period is even more difficult for entrepreneurs with products which are assigned for indications resulting in complex challenges to the trial design. Due to the enormous time pressure to generate data and due to the implied financial pressure, different adaptation strategies are evolving. In Germany the "hospital exemption" according to §4b AMG (German Medicinal Products Law) is of major importance. A reorientation toward acellular products and a slow down in development of new ATMP products is expected.

  6. Market for advanced humanitarian mine detectors

    NASA Astrophysics Data System (ADS)

    Newnham, Peter; Daniels, David J.

    2001-10-01

    Uncleared landmines and unexploded ordnance remain a major humanitarian and economic threat in over 60 countries. It is estimated that world wide over US 60 million was spent on mien clearance in 1999. Most of this funding is provided by government aid, often channeled via the UN or European Community. The minefield threat is very varied, with many different types of mien, UXO, terrain and climate type. To cope with this variety a range of demining techniques are used: mechanical techniques such as flails are used for vegetation clearance, however the majority of demining work is still carried out by manual deminers using metal detectors and prodders. Over the last 5 years there has been considerable interest within the scientific and engineering communities in the application of advanced technologies to improve the safety and efficiency of this work. Nevertheless few new products have been introduced into, and accepted by, the demining community. Despite the high political profile of the landmine problem very little e hard dat is available on the real characteristics of the demining equipment market. As part of a European Union supported program to evacuate a multi-sensor handheld mien detector concept, Thales and ERA Technology Ltd have carried out an in-depth assessment of this market. This paper describes the cost- benefits that could accrue to the demining community associated with use of advanced equipment under appropriate conditions and the equipment requirements that result. The dynamics of the demining equipment market and the barriers to entry are discussed.

  7. European longitudinal study on the relationship between adolescents' alcohol marketing exposure and alcohol use.

    PubMed

    de Bruijn, Avalon; Tanghe, Jacqueline; de Leeuw, Rebecca; Engels, Rutger; Anderson, Peter; Beccaria, Franca; Bujalski, Michał; Celata, Corrado; Gosselt, Jordy; Schreckenberg, Dirk; Słodownik, Luiza; Wothge, Jördis; van Dalen, Wim

    2016-10-01

    This is the first study to examine the effect of alcohol marketing exposure on adolescents' drinking in a cross-national context. The aim was to examine reciprocal processes between exposure to a wide range of alcohol marketing types and adolescent drinking, controlled for non-alcohol branded media exposure. Prospective observational study (11-12- and 14-17-month intervals), using a three-wave autoregressive cross-lagged model. School-based sample in 181 state-funded schools in Germany, Italy, Netherlands, Poland. A total of 9075 eligible respondents participated in the survey (mean age 14 years, 49.5% male. Adolescents reported their frequency of past-month drinking and binge drinking. Alcohol marketing exposure was measured by a latent variable with 13 items measuring exposure to online alcohol marketing, televised alcohol advertising, alcohol sport sponsorship, music event/festival sponsorship, ownership alcohol-branded promotional items, reception of free samples and exposure to price offers. Confounders were age, gender, education, country, internet use, exposure to non-alcohol sponsored football championships and television programmes without alcohol commercials. The analyses showed one-directional long-term effects of alcohol marketing exposure on drinking (exposure T1 on drinking T2: β = 0.420 (0.058), P < 0.001, 95% confidence interval (CI) = 0.324-0.515; exposure T2 on drinking T3: β = 0.200 (0.044), P < 0.001, 95% CI = 0.127-0.272; drinking T1 and drinking T2 on exposure: P > 0.05). Similar results were found in the binge drinking model (exposure T1 on binge T2: β = 0.409 (0.054), P < 0.001, 95% CI = 0.320-0.499; exposure T2 on binge T3: β = 0.168 (0.050), P = 0.001, 95% CI = 0.086-0.250; binge T1 and binge T2 on exposure: P > 0.05). There appears to be a one-way effect of alcohol marketing exposure on adolescents' alcohol use over time, which cannot be explained by either previous drinking or

  8. The Portuguese Youth Labour Market: A Critical Approach

    ERIC Educational Resources Information Center

    Tome, Eduardo

    2008-01-01

    Purpose: The aim of this paper is to analyse critically the youth labour market (YLM) and the YLM policies in Portugal. The analysis covers essentially the period after 1986, when Portugal entered the European Union. Design/methodology/approach: The paper consists of three main sections. In the first the main players dealt with (government,…

  9. The reorganisation of European pharmacovigilance. Part 2. From spontaneous reports to agency reviews and decisions.

    PubMed

    2015-02-01

    Despite the fact that adverse effects are vastly under-reported, spontaneous reporting remains the foundation of pharmacovigilance. A small series of properly documented cases, when very specific, can suffice to constitute a signal. In France, reporting adverse effects to Regional Pharmacovigilance Centres (CRPVs) permits high-quality analysis of pharmacovigilance signals, so that they can be brought to the attention of the national agency responsible for making decisions about drugs, the French Health Products Agency (ANSM). The ANSM can use this information to protect patients by implementing the measures within its power or by initiating a European referral. When a decision taken at the national level concerns a drug marketed in several Member States of the European Union, a "harmonisation" procedure results in a decision taken at community level, applicable in all Member States. This means that a safety issue raised by a single Member State sometimes leads to a decision that protects the population of the entire European Union. But it also means that other European decisions can compel national agencies to allow back onto the market a drug that they sought to withdraw in order to protect their citizens. Negotiations with other Member States, the European Medicines Agency (EMA) and the European Commission must be supported by robust data: this is yet another reason for each country to have its own effective national pharmacovigilance database, the contents of which should be publicly accessible. This is unfortunately not yet the case in France in 2014. It also provides another good reason for healthcare professionals and patients to report adverse effects, so that the details can be recorded in national and European databases.

  10. AFB/open cycle gas turbine conceptual design study

    NASA Technical Reports Server (NTRS)

    Dickinson, T. W.; Tashjian, R.

    1983-01-01

    Applications of coal fired atmospheric fluidized bed gas turbine systems in industrial cogeneration are identified. Based on site-specific conceptual designs, the potential benefits of the AFB/gas turbine system were compared with an atmospheric fluidized design steam boiler/steam turbine system. The application of these cogeneration systems at four industrial plant sites is reviewed. A performance and benefit analysis was made along with a study of the representativeness of the sites both in regard to their own industry and compared to industry as a whole. A site was selected for the conceptual design, which included detailed site definition, AFB/gas turbine and AFB/steam turbine cogeneration system designs, detailed cost estimates, and comparative performance and benefit analysis. Market and benefit analyses identified the potential market penetration for the cogeneration technologies and quantified the potential benefits.

  11. AFB/open cycle gas turbine conceptual design study

    NASA Astrophysics Data System (ADS)

    Dickinson, T. W.; Tashjian, R.

    1983-09-01

    Applications of coal fired atmospheric fluidized bed gas turbine systems in industrial cogeneration are identified. Based on site-specific conceptual designs, the potential benefits of the AFB/gas turbine system were compared with an atmospheric fluidized design steam boiler/steam turbine system. The application of these cogeneration systems at four industrial plant sites is reviewed. A performance and benefit analysis was made along with a study of the representativeness of the sites both in regard to their own industry and compared to industry as a whole. A site was selected for the conceptual design, which included detailed site definition, AFB/gas turbine and AFB/steam turbine cogeneration system designs, detailed cost estimates, and comparative performance and benefit analysis. Market and benefit analyses identified the potential market penetration for the cogeneration technologies and quantified the potential benefits.

  12. Greenhouse gas reduction by recovery and utilization of landfill methane and CO{sub 2} technical and market feasibility study, Boului Landfill, Bucharest, Romania. Final report, September 30, 1997--September 19, 1998

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Cook, W.J.; Brown, W.R.; Siwajek, L.

    1998-09-01

    The project is a landfill gas to energy project rated at about 4 megawatts (electric) at startup, increasing to 8 megawatts over time. The project site is Boului Landfill, near Bucharest, Romania. The project improves regional air quality, reduces emission of greenhouse gases, controls and utilizes landfill methane, and supplies electric power to the local grid. The technical and economic feasibility of pre-treating Boului landfill gas with Acrion`s new landfill gas cleanup technology prior to combustion for power production us attractive. Acrion`s gas treatment provides several benefits to the currently structured electric generation project: (1) increase energy density of landfillmore » gas from about 500 Btu/ft{sup 3} to about 750 Btu/ft{sup 3}; (2) remove contaminants from landfill gas to prolong engine life and reduce maintenance;; (3) recover carbon dioxide from landfill gas for Romanian markets; and (4) reduce emission of greenhouse gases methane and carbon dioxide. Greenhouse gas emissions reduction attributable to successful implementation of the landfill gas to electric project, with commercial liquid CO{sub 2} recovery, is estimated to be 53 million metric tons of CO{sub 2} equivalent of its 15 year life.« less

  13. The Bologna Process and Higher Education in Mercosur: Regionalization or Europeanization?

    ERIC Educational Resources Information Center

    de Azevedo, Mário Luiz Neves

    2014-01-01

    Over the past two decades regional agreements have become more significant in educational and training. This paper situates and analyses the European Higher Education Area (EHEA), the Bologna Process and the Lisbon Strategy and explores their influence on the integration of higher education systems in Mercosur (the Southern Common Market of…

  14. Gas projects surge in the Middle East as governments seek new revenue sources

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Williams, M.D.

    The rapid development of natural gas and condensate reserves in the Middle East results from a simple motivation: the desire of governments to earn revenues. For the past decade, Middle East governments have run budget deficits, which they funded by drawing down foreign assets and issuing debt. Now in the process of structural economic reform, they have begun to use an under-utilized resource--natural gas, of which Middle East governments own about one third of the world`s reserves. Governments receive revenues from several sources in natural gas developments, which makes the projects very attractive. Revenue comes from the sale of themore » natural gas in the domestic market and, if exported, the international market; the sale of associated condensates; the additional exports of crude oil or refined products if natural gas is substituted for refined products in domestic markets; the increased sale of crude oil if natural gas is injected into reservoirs to maintain pressure; and the sale of petrochemicals where natural gas is used as feedstock. Large projects under way in the Middle East highlight the consequences of multiple revenue sources and interlinked costs of natural gas and condensate development. Other countries in the region are undertaking similar projects, so examples cited represent only a portion of what is occurring. The paper describes Abu Dhabi, Qatar, Saudi Arabia, and Iran.« less

  15. European economies in crisis: A multifractal analysis of disruptive economic events and the effects of financial assistance

    NASA Astrophysics Data System (ADS)

    Siokis, Fotios M.

    2014-02-01

    We analyze the complexity of rare economic events in troubled European economies. The economic crisis initiated at the end of 2009, forced a number of European economies to request financial assistance from world organizations. By employing the stock market index as a leading indicator of the economic activity, we test whether the financial assistance programs altered the statistical properties of the index. The effects of major financial program agreements on the economies can be best illustrated by the comparison of the multifractal spectra of the time series before and after the agreement. We reveal that the returns of the time series exhibit strong multifractal properties for all periods under investigation. In two of the three investigated economies, financial assistance along with governments’ initiatives appear to have altered the statistical properties of the stock market indexes increasing the width of the multifractal spectra and thus the complexity of the market.

  16. 75 FR 13523 - Transparency Provisions of Section 23 of the Natural Gas Act; Notice of the Agenda for Form No...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-03-22

    ... transactions in the natural gas supply chain on Form No. 552, and whether these transactions contribute to....--Upstream transactions in the natural gas supply chain. 1. How has your company addressed the reporting of... & Power Marketing Company (Natural Gas Supply Association). William E. Shanahan, Marketing Manager...

  17. Fractality Evidence and Long-Range Dependence on Capital Markets: a Hurst Exponent Evaluation

    NASA Astrophysics Data System (ADS)

    Oprean, Camelia; Tănăsescu, Cristina

    2014-07-01

    Since the existence of market memory could implicate the rejection of the efficient market hypothesis, the aim of this paper is to find any evidence that selected emergent capital markets (eight European and BRIC markets, namely Hungary, Romania, Estonia, Czech Republic, Brazil, Russia, India and China) evince long-range dependence or the random walk hypothesis. In this paper, the Hurst exponent as calculated by R/S fractal analysis and Detrended Fluctuation Analysis is our measure of long-range dependence in the series. The results reinforce our previous findings and suggest that if stock returns present long-range dependence, the random walk hypothesis is not valid anymore and neither is the market efficiency hypothesis.

  18. Restructuring the natural gas industry: Order No. 436 and other regulatory initiatives

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Griggs, J.W.

    1986-01-01

    Federal Energy Regulatory Commission (FERC) Order No. 436 is the latest in a series of major regulatory initiatives that have impacted gas pricing, pipeline contracting provisions, spot market sales, and transportation. The policy followed by FERC reflects a faith in the free market to efficiently allocate resource at reasonable cost to consumers. In responding to deregulation mandates while retaining regulation of the price of old gas and of interstate transportation and sales for resale, FERC is unbundling gas costs from the fixed costs of providing service in hopes of improving price signals. It is also pushing pipelines to provide openmore » access to inject competition. The long-term commitments needed by producers may be incompatible with the oscillations caused by market restructuring, but there is a possibility that the new approach will work.« less

  19. 76 FR 2093 - Eni USA Gas Marketing LLC; Application for Blanket Authorization To Export Liquefied Natural Gas

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-01-12

    ... Authorization To Export Liquefied Natural Gas AGENCY: Office of Fossil Energy, DOE. ACTION: Notice of application. SUMMARY: The Office of Fossil Energy (FE) of the Department of Energy (DOE) gives notice of.... Department of Energy (FE-34), Office of Oil and Gas Global Security and Supply, Office of Fossil Energy...

  20. The Rewards of Human Capital Competences for Young European Higher Education Graduates

    ERIC Educational Resources Information Center

    Garcia-Aracil, Adela; Mora, Jose-Gines; Vila, Luis E.

    2004-01-01

    The labour market rewards for a number of required human capital competences are analysed using a sample of young European higher education graduates. Factor analysis is applied to classify competences by jobs into eight orthogonal groups, namely participative, methodological, specialised, organisational, applying rules, physical, generic and…

  1. A Space for the European Higher Education Area: The Guidance from the EU Court of Justice to Member States

    ERIC Educational Resources Information Center

    Kwikkers, Peter; van Wageningen, Anne

    2012-01-01

    The European Court of Justice has developed a body of jurisprudence that regulates issues such as access, capacity, quality, student allowances and labour market needs, and that should be considered at least an even more important contribution to the European Higher Education Area (EHEA) than the Bologna process. The Bressol and Chaverot cases…

  2. Natural Gas Transportation - Infrastructure Issues and Operational Trends

    EIA Publications

    2001-01-01

    This report examines how well the current national natural gas pipeline network has been able to handle today's market demand for natural gas. In addition, it identifies those areas of the country where pipeline utilization is continuing to grow rapidly and where new pipeline capacity is needed or is planned over the next several years.

  3. 75 FR 19954 - Cheniere Marketing, LLC; Application for Blanket Authorization To Export Liquefied Natural Gas

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-04-16

    ... DEPARTMENT OF ENERGY [FE Docket No. 10-31-LNG] Cheniere Marketing, LLC; Application for Blanket... receipt of an application, filed on March 23, 2010, by Cheniere Marketing, LLC (CMI), requesting blanket... amended to reflect a name change from Cheniere Marketing, Inc to Cheniere Marketing, LLC.\\1\\ \\1\\ Cheniere...

  4. Limited impact on decadal-scale climate change from increased use of natural gas.

    PubMed

    McJeon, Haewon; Edmonds, Jae; Bauer, Nico; Clarke, Leon; Fisher, Brian; Flannery, Brian P; Hilaire, Jérôme; Krey, Volker; Marangoni, Giacomo; Mi, Raymond; Riahi, Keywan; Rogner, Holger; Tavoni, Massimo

    2014-10-23

    The most important energy development of the past decade has been the wide deployment of hydraulic fracturing technologies that enable the production of previously uneconomic shale gas resources in North America. If these advanced gas production technologies were to be deployed globally, the energy market could see a large influx of economically competitive unconventional gas resources. The climate implications of such abundant natural gas have been hotly debated. Some researchers have observed that abundant natural gas substituting for coal could reduce carbon dioxide (CO2) emissions. Others have reported that the non-CO2 greenhouse gas emissions associated with shale gas production make its lifecycle emissions higher than those of coal. Assessment of the full impact of abundant gas on climate change requires an integrated approach to the global energy-economy-climate systems, but the literature has been limited in either its geographic scope or its coverage of greenhouse gases. Here we show that market-driven increases in global supplies of unconventional natural gas do not discernibly reduce the trajectory of greenhouse gas emissions or climate forcing. Our results, based on simulations from five state-of-the-art integrated assessment models of energy-economy-climate systems independently forced by an abundant gas scenario, project large additional natural gas consumption of up to +170 per cent by 2050. The impact on CO2 emissions, however, is found to be much smaller (from -2 per cent to +11 per cent), and a majority of the models reported a small increase in climate forcing (from -0.3 per cent to +7 per cent) associated with the increased use of abundant gas. Our results show that although market penetration of globally abundant gas may substantially change the future energy system, it is not necessarily an effective substitute for climate change mitigation policy.

  5. The European community and its standardization efforts in medical informatics

    NASA Astrophysics Data System (ADS)

    Mattheus, Rudy A.

    1992-07-01

    A summary of the CEN TC 251/4 ''Medical Imaging and Multi-Media'' activities will be given. CEN is the European standardization institute, TC 251 deals with medical informatics. Standardization is a condition for the wide scale use of health care and medical informatics and for the creation of a common market. In the last two years, three important categories-- namely, the Commission of the European Communities with their programs and the mandates, the medical informaticians through their European professional federation, and the national normalization institutes through the European committee--have shown to be aware of this problem and have taken actions. As a result, a number of AIM (Advanced Informatics in Medicine), CEC sponsored projects, the CEC mandates to CEN and EWOS, the EFMI working group on standardization, the technical committee of CEN, and the working groups and project teams of CEN and EWOS are working on the subject. On overview of the CEN TC 251/4 ''Medical Imaging and Multi-Media'' activities will be given, including their relation to other work.

  6. Occurrence of brominated flame retardants in black thermo cups and selected kitchen utensils purchased on the European market.

    PubMed

    Samsonek, J; Puype, F

    2013-01-01

    In order to screen for the presence of a recycled polymer waste stream from waste electric and electronic equipment (WEEE), a market survey was conducted on black plastic food-contact articles (FCA). An analytical method was applied combining X-ray fluorescence spectrometry (XRF) with thermal desorption gas chromatography coupled with mass spectrometry (thermal desorption GC-MS). Firstly, XRF spectrometry was applied to distinguish bromine-positive samples. Secondly, bromine-positive samples were submitted for identification by thermal desorption GC-MS. Generally, the bromine-positive samples contained mainly technical decabromodiphenyl ether (decaBDE). Newer types of BFRs such as tetrabromobisphenol A (TBBPA), tetrabromobisphenol A bis(2,3-dibromopropyl), ether (TBBPA-BDBPE) and decabromodiphenylethane (DBDPE), replacing the polybrominated diphenyleters (PBDEs) and polybrominated diphenyls (PBBs), were also identified. In none of the tested samples were PBBs or hexabromocyclododecane (HBCD) found. Polymer identification was carried out using Fourier-transformed infrared spectroscopy measurement (FTIR) on all samples. The results indicate that polypropylene-polyethylene copolymers (PP-PE) and mainly styrene-based food-contact materials, such as acrylonitrile-butadiene-styrene (ABS) have the highest risk of containing BFRs.

  7. Core Elements of the European (Higher) Education Policy: Market-Driven Restructuring or Impetus for Intercultural Rapprochement?

    ERIC Educational Resources Information Center

    Starkie, Elisa Gavari

    2008-01-01

    For many years there has been a debate about the existence or not, of a common European education policy. In this article I argue that there has been a real European education policy since the approval of the Maastricht Treaty, with a proper content and which offers many new possibilities to students. The core of this policy is the setting up of…

  8. Mapping European Welfare Models: State of the Art of Strategies for Professional Integration and Reintegration of Persons with Chronic Diseases

    PubMed Central

    Scaratti, Chiara; Silvaggi, Fabiola; Ávila, Carolina C.; Muñoz-Murillo, Amalia; Stavroussi, Panayiota; Roka, Olga; Burger, Helena; Fheodoroff, Klemens; Tobiasz-Adamczyk, Beata; Gruber, Sonja; Svestkova, Olga; Halvorsen, Rune; Kadyrbaeva, Asel; Ferraina, Sabrina

    2018-01-01

    Background: Persons with chronic diseases (PwCDs) often experience work-related problems, and innovative actions to improve their participation in the labor market are needed. In the frame of the European (EU) Pathways Project, the aim of the study is to compare existing strategies (policies, systems, and services) for professional (re-)integration of PwCDs and mental health conditions available at both European and national level between different European welfare models: Scandinavian, Continental, Anglo-Saxon, Mediterranean, and “Post-Communist”. Method: The European strategies were identified by an overview of relevant academic and grey literature searched through Medline and internet searches, while national strategies were explored through questionnaires and in-depth interviews with national relevant stakeholders. Results: The mapping of existing strategies revealed that, both at European and national level, PwCDs are often considered as part of the group of “persons with disabilities” and only in this case they can receive employment support. European countries put in place actions to support greater labor market participation, but these differ from country to country. Conclusion: Strategies targeting “persons with disabilities” do not necessarily address all the needs of persons with chronic diseases. Countries should consider the importance of employment for all to achieve smart, sustainable, and inclusive growth. PMID:29673231

  9. Mapping European Welfare Models: State of the Art of Strategies for Professional Integration and Reintegration of Persons with Chronic Diseases.

    PubMed

    Scaratti, Chiara; Leonardi, Matilde; Silvaggi, Fabiola; Ávila, Carolina C; Muñoz-Murillo, Amalia; Stavroussi, Panayiota; Roka, Olga; Burger, Helena; Fheodoroff, Klemens; Tobiasz-Adamczyk, Beata; Sabariego, Carla; Esteban, Eva; Gruber, Sonja; Svestkova, Olga; Halvorsen, Rune; Kadyrbaeva, Asel; Ferraina, Sabrina

    2018-04-17

    Background: Persons with chronic diseases (PwCDs) often experience work-related problems, and innovative actions to improve their participation in the labor market are needed. In the frame of the European (EU) Pathways Project, the aim of the study is to compare existing strategies (policies, systems, and services) for professional (re-)integration of PwCDs and mental health conditions available at both European and national level between different European welfare models: Scandinavian, Continental, Anglo-Saxon, Mediterranean, and “Post-Communist”. Method : The European strategies were identified by an overview of relevant academic and grey literature searched through Medline and internet searches, while national strategies were explored through questionnaires and in-depth interviews with national relevant stakeholders. Results : The mapping of existing strategies revealed that, both at European and national level, PwCDs are often considered as part of the group of “persons with disabilities” and only in this case they can receive employment support. European countries put in place actions to support greater labor market participation, but these differ from country to country. Conclusion : Strategies targeting “persons with disabilities” do not necessarily address all the needs of persons with chronic diseases. Countries should consider the importance of employment for all to achieve smart, sustainable, and inclusive growth.

  10. The Soviet-West European Energy Relationship: Implications of the Shift from Oil to Gas,

    DTIC Science & Technology

    1983-06-01

    Western oil majors, such as Shell and Jersey Standard, to market Soviet oil, as they had for a time after the revolution C3). ’.o S ...I’ rn ) ra " G 1 S V P marketing ano price 31sco-its 3%so cOnrrZten t, tnl s raoi ;growth. The U)SSR re-esta:;1.snec its na <ez, ina neCork i . es er...On the Other hand, the weak market conditions, as well as the con- straints on the supply side, inhibit Soviet abilities to pursue this old strategy

  11. Transition from Exponential to Power Law Income Distributions in a Chaotic Market

    NASA Astrophysics Data System (ADS)

    Pellicer-Lostao, Carmen; Lopez-Ruiz, Ricardo

    Economy is demanding new models, able to understand and predict the evolution of markets. To this respect, Econophysics offers models of markets as complex systems, that try to comprehend macro-, system-wide states of the economy from the interaction of many agents at micro-level. One of these models is the gas-like model for trading markets. This tries to predict money distributions in closed economies and quite simply, obtains the ones observed in real economies. However, it reveals technical hitches to explain the power law distribution, observed in individuals with high incomes. In this work, nonlinear dynamics is introduced in the gas-like model in an effort to overcomes these flaws. A particular chaotic dynamics is used to break the pairing symmetry of agents (i, j) ⇔ (j, i). The results demonstrate that a "chaotic gas-like model" can reproduce the Exponential and Power law distributions observed in real economies. Moreover, it controls the transition between them. This may give some insight of the micro-level causes that originate unfair distributions of money in a global society. Ultimately, the chaotic model makes obvious the inherent instability of asymmetric scenarios, where sinks of wealth appear and doom the market to extreme inequality.

  12. Analysis of information flows among individual companies in the KOSDAQ market

    NASA Astrophysics Data System (ADS)

    Kim, Ho-Yong; Oh, Gabjin

    2016-08-01

    In this paper, we employ the variance decomposition method to measure the strength and the direction of interconnections among companies in the KOSDAQ (Korean Securities Dealers Automated Quotation) stock market. We analyze the 200 companies listed on the KOSDAQ market from January 2001 to December 2015. We find that the systemic risk, measured by using the interconnections, increases substantially during periods of financial crisis such as the bankruptcy of Lehman brothers and the European financial crisis. In particular, we find that the increases in the aggregated information flows can be used to predict the increment of the market volatility that may occur during a sub-prime financial crisis period.

  13. Geo-energy Test Beds: part of the European Plate Observing System

    NASA Astrophysics Data System (ADS)

    Stephenson, Michael; Schofield, David; Luton, Christopher; Haslinger, Florian; Henninges, Jan; Giardini, Domenico

    2016-04-01

    For 2020, the EU has committed to cutting its greenhouse gas emissions to 20% below 1990 levels and further cuts are being decided for 2050. This commitment is one of the headline targets of the Europe 2020 growth strategy and is being implemented through binding legislation. This decarbonisation of the EU economy is one dimension of an overall EU energy and climate framework that is mutually interlinked with the need to ensure energy security, promote a fully integrated energy market, promote energy efficiency and promote research innovation and competitiveness. Power generation will have to take a particularly large part in emissions reductions (-54 to -68% by 2030 and -93 to -99% by 2050), mainly by focussing on increasing surface renewables (wind, tidal and solar) but also on carbon capture and storage on fossil fuel and biofuel power plants, shale gas, nuclear and geothermal power. All the above generation technologies share common geological challenges around containment, safety and environmental sustainability. In a densely populated continent, this means that high levels of subsurface management are needed to fully realise the energy potential. In response to this need, across Europe, public and private sector funded, experimental test and monitoring facilities and infrastructures (Geo-energy Test Beds, GETB) are being developed. These GETB investigate the processes, technology and practices that facilitate the sustainable exploitation of Geo-energy resources and are of intense interest to the public and regulators alike. The vision of EPOS IP Work Package 17 (wp17) is to promote research and innovation in Geo-energy that reflects core European energy priorities through provision of virtual access to data and protocols and trans-national access to GETB experiments. This will be achieved through provision of access to continuous strategic observations, promotion of the integrated use of data and models from European GETB, development of underpinning research

  14. GSM-Railway as part of the European Rail Traffic Management System

    NASA Astrophysics Data System (ADS)

    Bibac, Ionut

    2007-05-01

    GSM-R is a vital component inside the ERTMS which is also an essential element of European Community rail projects; investment in equipping and the rolling stock with ERTMS could reach 5 billion eurodollars in the period 2007-2016. GSM-R is the result of over ten years of collaboration between the various European railway companies, the railway communication industry and the different standardization bodies. GSM-R provides a secure platform for voice and data communication between the operational staff of the railway companies including drivers, dispatchers, shunting team members, train engineers, and station controllers. It delivers advanced features such as group calls, voice broadcast, location based connections, and call pre-emption in case of an emergency, which significantly improves communication, collaboration, and security management across operational staff members. Taking into account the above mentioned, the paper will permit to audience to discover the GSM-R network architecture, services and applications proposed by this technology together with the future development and market situation due to the market liberalization.

  15. Electricity sector liberalization in the European Union: The political economy of regulatory reform

    NASA Astrophysics Data System (ADS)

    Infante Durana, Maria Dolores

    This dissertation looks into the reasons that pushed European countries to liberalize their electricity industries. The analysis of the political process leading to that decision in the areas pioneers of regulatory reform in this sector (United Kingdom, Sweden and the European Commission) shows that the liberalization of the European power sectors does not conform to the traditional theoretical explanations for regulatory reform that put interests and industry-specific considerations at the forefront of the explanation. The central argument of this dissertation is that, contrary to what most of the literature assumes and the theories predict, the primary impetus for the reforms in European electricity sectors did not come from industrial or economic worries, but rather from a neo-liberal turn to the ideas shared by European intellectual and political elites. The reform followed a political spill-over process by which the liberalization policy was emulated and introduced as a direct result of the international and sectoral diffusion of the new "efficiency regime" and the belief in the economic superiority of free markets over any form of government intervention. As an idea-driven policy, liberalization was not always coherent with the stated goals and, with means and ends that were not always consistent with each other, the reforms were often hampered and their results ambiguous. Liberalization transformed energy policy priorities in member states by adding the promotion and development of market-based mechanisms to the previous two of ensuring that security of supply, was adequate and of achieving ambitious environmental targets. By adding economic efficiency (and its political corollary, low prices) to its policy goals, governments effectively rendered the realization of the other two goals all the more difficult. As a result, liberalization did not entail the expected government disengagement from the affairs of the industry. On the contrary, it became

  16. European regulations on nutraceuticals, dietary supplements and functional foods: a framework based on safety.

    PubMed

    Coppens, Patrick; da Silva, Miguel Fernandes; Pettman, Simon

    2006-04-03

    This article describes the legislation that is relevant in the marketing of functional foods in the European Union (EU), how this legislation was developed as well as some practical consequences for manufacturers, marketers and consumers. It also addresses some concrete examples of how the EU's safety requirements for food products have impacted a range of product categories. In the late nineties, research into functional ingredients was showing promising prospects for the use of such ingredients in foodstuffs. Due mainly to safety concerns, these new scientific developments were accompanied by an urgent call for legislation. The European Commission 2000 White Paper on Food Safety announced some 80 proposals for new and improved legislation in this field. Among others, it foresaw the establishment of a General Food Law Regulation, laying down the principles of food law and the creation of an independent Food Authority endowed with the task of giving scientific advice on issues based upon scientific risk assessment with clearly separated responsibilities for risk assessment, risk management and risk communication. Since then, more than 90% of the White Paper proposals have been implemented. However, there is not, as such, a regulatory framework for 'functional foods' or 'nutraceuticals' in EU Food Law. The rules to be applied are numerous and depend on the nature of the foodstuff. The rules of the general food law Regulation are applicable to all foods. In addition, legislation on dietetic foods, on food supplements or on novel foods may also be applicable to functional foods depending on the nature of the product and on their use. Finally, the two proposals on nutrition and health claims and on the addition of vitamins and minerals and other substances to foods, which are currently in the legislative process, will also be an important factor in the future marketing of 'nutraceuticals' in Europe. The cornerstone of EU legislation on food products, including

  17. The future market in electricity in the Czech Republic

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Vacik, J.

    1998-07-01

    The Czech Republic has signed the Association Agreement with the European Union in early nineties and it has been the Republic's goal to accede to full membership in the European Union. In the power sector, the Directive 96/92/EC is, in this respect, the most important document. The Czech Energy Law was become effective from 1995 in a compromise form which proved to stay well short of perfection. Unfortunately, a number of articles and provisions fail to be consistent with the relevant EU documents, and even far less so with Directive 96/92/EC. The draft Energy Policy of the Czech Republic asmore » presented officially in May 1997, has already definitely stressed some basic features of the future market in electricity. Regrettably, also in the draft Energy Policy some pressing long-term problems fail to be recognized or addressed and also areas failing to conform with the European power industry laws can be found in it. For the Czech Republic, it will be useful to utilize the experience of mainly the smaller EU countries and to proceed in pursuance of the findings of a thorough analysis and in a stepwise manner. In the first phase, it will be enough to make those moves which are common for all the conceivable solutions. Directive 96/92/EC does not prescribe a change in the structure of the existing electric power sector and far less any change in the ownership relation. In the same token, Directive 96/92/EC does not charge the member states with any duty to launch a wholesale market in electricity (pool of exchange). That is reserved under the discretion of the member states. Nowhere throughout the Directive is encountered any requirement to reduce the market strength of the dominant entities, if such exist.« less

  18. Out of gas: Tenneco in the era of natural gas regulation, 1938--1978

    NASA Astrophysics Data System (ADS)

    Raley, David

    2011-12-01

    Federal regulation over the natural gas industry spanned 1938--1978, during which time both the industry and the nature of the regulation changed. The original intent of the law was to reform an industry stagnating because of the Depression, but regulation soon evolved into a public-private partnership to win World War II, then to a framework for the creation and management of a nationwide natural gas grid in the prosperous post-war years, and finally to a confused and chaotic system of wellhead price regulation which produced shortages and discouraged new production during the 1950s and 1960s. By the 1970s, regulation had become ineffective, leading to deregulation in 1978. The natural gas industry operated under the oversight of the Federal Power Commission (FPC) which set gas rates, regulated profits and competition, and established rules for entry and exit into markets. Over the course of four decades, the FPC oversaw the development of a truly national industry built around a system of large diameter pipelines. Tennessee Gas Transmission Company (later Tenneco) was an integral part of this industry. At first, Tenneco prospered under regulation. Regulation provided Tenneco with the means to build its first pipeline and a secure revenue stream for decades. A series of conflicts with the FPC and the difficulties imposed by the Phillips vs. Wisconsin case in 1954 soon interfered with the ambitious long-term goals of Tenneco CEO and president Gardiner Symonds. Tenneco first diversified into unregulated businesses in the 1940s, which accelerated as regulatory changes constrained the company's growth. By the 1960s the company was at the forefront of the conglomeration movement, when Tenneco included a variety of disparate businesses, including oil and gas production, chemicals, consumer packaging, manufacturing, shipbuilding, and food production, among others. Gas transmission became a minority interest in Tenneco's portfolio as newer and larger divisions

  19. Generation of a Catalogue of European Windstorms

    NASA Astrophysics Data System (ADS)

    Varino, Filipa; Baptiste Granier, Jean; Bordoy, Roger; Arbogast, Philippe; Joly, Bruno; Riviere, Gwendal; Fandeur, Marie-Laure; Bovy, Henry; Mitchell-Wallace, Kirsten; Souch, Claire

    2016-04-01

    The probability of multiple wind-storm events within a year is crucial to any (re)insurance company writing European wind business. Indeed, the volatility of losses is enhanced by the clustering of storms (cyclone families), as occurred in early 1990 (Daria, Vivian, Wiebke), December 1999 (Lothar, Martin) or December 2015 (Desmond, Eva, Frank), among others. In order to track winter extratropical cyclones, we use the maximum relative vorticity at 850 hPa of the new-released long-term ERA-20C reanalysis from the ECMWF since the beginning of the 20th Century until 2010. We develop an automatic procedure to define events. We then quantify the severity of each storm using loss and meteorological indices at country and Europe-wide level. Validation against market losses for the period 1970-2010 is undertaken before considering the severity and frequency of European windstorms for the 110 years period.

  20. European user trial of paging by satellite

    NASA Technical Reports Server (NTRS)

    Fudge, R. E.; Fenton, C. J.

    1990-01-01

    British Telecom conceived the idea of adapting their existing paging service, together with the use of existing terrestrial pagers, to yield a one way data (i.e., paging) satellite service to mobiles. The user trial of paging by satellites was successful. It demonstrated that services could be provided over a wide geographical area to low priced terminals. Many lessons were learned in unexpected areas. These include the need for extensive liaison with all users involved, especially the drivers, to ensure they understood the potential benefits. There was a significant desire for a return acknowledgement channel or even a return data channel. Above all there is a need to ensure that the equipment can be taken across European borders and legitimately used in all European countries. The next step in a marketing assessment would be to consider the impact of two way data messaging such as INMARSAT-C.

  1. European higher education space: where do we go from here?

    PubMed

    Iza, J; García, P Encina

    2004-01-01

    The Declaration of Bologna and subsequent documents have drastically changed the European university panorama and the future role of universities as providers of continuous education for a lifelong learning. There will be a convergence not only in academic titles, but also in the way we see university education. The previous EEE symposium gave some clues on the approaches taken by different European countries: organization of EE studies, integration of graduates into the market, and interaction with professional bodies. Bologna's outcomes were sold in Spain as a change into an American (USA) model, which, as any other model, has advantages and drawbacks. This paper deals with an open reflection on the future of university studies in Europe.

  2. Protecting health from climate change in the WHO European Region.

    PubMed

    Wolf, Tanja; Martinez, Gerardo Sanchez; Cheong, Hae-Kwan; Williams, Eloise; Menne, Bettina

    2014-06-16

    "How far are we in implementing climate change and health action in the WHO European Region?" This was the question addressed to representatives of WHO European Member States of the working group on health in climate change (HIC). Twenty-two Member States provided answers to a comprehensive questionnaire that focused around eight thematic areas (Governance; Vulnerability, impact and adaptation (health) assessments; Adaptation strategies and action plans; Climate change mitigation; Strengthening health systems; Raising awareness and building capacity; Greening health services; and Sharing best practices). Strong areas of development are climate change vulnerability and impact assessments, as well as strengthening health systems and awareness raising. Areas where implementation would benefit from further action are the development of National Health Adaptation Plans, greening health systems, sharing best practice and reducing greenhouse gas emissions in other sectors. At the Parma Conference in 2010, the European Ministerial Commitment to Act on climate change and health and the European Regional Framework for Action to protect health from climate change were endorsed by fifty three European Member States. The results of this questionnaire are the most comprehensive assessment so far of the progress made by WHO European Member States to protecting public health from climate change since the agreements in Parma and the World Health Assembly Resolution in 2008.

  3. Greenhouse Gas Emissions Calculator for Grain and Biofuel Farming Systems

    ERIC Educational Resources Information Center

    McSwiney, Claire P.; Bohm, Sven; Grace, Peter R.; Robertson, G. Philip

    2010-01-01

    Opportunities for farmers to participate in greenhouse gas (GHG) credit markets require that growers, students, extension educators, offset aggregators, and other stakeholders understand the impact of agricultural practices on GHG emissions. The Farming Systems Greenhouse Gas Emissions Calculator, a web-based tool linked to the SOCRATES soil…

  4. Green Power Marketing in the United States. A Status Report (2009 Data)

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Bird, Lori; Sumner, Jenny

    This report documents green power marketing activities and trends in the United States. First, aggregate green power sales data for all voluntary purchase markets across the United States are presented. Next, we summarize data on utility green pricing programs offered in regulated electricity markets; green power marketing activity in competitive electricity markets, as well as green power sold to voluntary purchasers in the form of RECs; and renewable energy sold as greenhouse gas offsets in the United States. Finally, this is followed by a discussion of key market trends and issues. The data presented in this report are based primarilymore » on figures provided to NREL by utilities and independent renewable energy marketers.« less

  5. Green Power Marketing in the United States: A Status Report (2009 Data)

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Bird, L.; Sumner, J.

    This report documents green power marketing activities and trends in the United States. First, aggregate green power sales data for all voluntary purchase markets across the United States are presented. Next, we summarize data on utility green pricing programs offered in regulated electricity markets; green power marketing activity in competitive electricity markets, as well as green power sold to voluntary purchasers in the form of RECs; and renewable energy sold as greenhouse gas offsets in the United States. Finally, this is followed by a discussion of key market trends and issues. The data presented in this report are based primarilymore » on figures provided to NREL by utilities and independent renewable energy marketers.« less

  6. [ECRIN (European clinical research infrastructures network), a pan-European infrastructure for clinical research].

    PubMed

    Demotes-Mainard, Jacques

    2010-12-01

    Clinical research plays a key role both in the development of innovative health products and in the optimisation of medical strategies, leading to evidence-based practice and healthcare cost containment. ECRIN is a distributed ESFRI-roadmap pan-European infrastructure designed to support multinational clinical research, making Europe a single area for clinical studies, taking advantage of its population size to access patients, and unlocking latent scientific providing services to multinational. Servicing of multinational trials started during the preparatory phase, and ECRIN has applied for ERIC status in 2011. In parallel, ECRIN has also proposed an FP7 integrating activity project to further develop, upgrade and expand the ECRIN infrastructure built up during the past FP6 and FP7 projects, facilitating an efficient organization of clinical research in Europe, with ECRIN developing generic tools and providing generic services for multinational studies, and supporting the construction of pan-European disease-oriented networks that will in turn act as ECRIN users. This organization will improve Europe's attractiveness for industry trials, boost its scientific competitiveness, and result in better healthcare for European citizens. The three medical areas supported in this project (rare diseases, medical devices, and nutrition) will serve as pilots for other biomedical research fields. By creating a single area for clinical research in Europe, this structure will contribute to the implementation of the Europe flagship initiative 2020 'Innovation Union', whose objectives include defragmentation of research and educational capacities, tackling the major societal challenges (starting with healthy aging), and removing barriers to bringing ideas to the market.

  7. Experimental challenge of a peridomestic avian species, European Starlings (Sturnus vulgaris), with novel Influenza A H7N9 virus from China

    USGS Publications Warehouse

    Hall, Jeffrey S.; Ip, Hon S.; Teslaa, Joshua L.; Nashold, Sean W.; Dusek, Robert

    2016-01-01

    In 2013 a novel avian influenza H7N9 virus was isolated from several critically ill patients in China, and infection with this virus has since caused more than 200 human deaths. Live poultry markets are the likely locations of virus exposure to humans. Peridomestic avian species also may play important roles in the transmission and maintenance of H7N9 at live poultry markets. We experimentally challenged wild European Starlings (Sturnus vulgaris) with the novel H7N9 virus and measured virus excretion, clinical signs, and infectious dose. We found that European Starlings can be infected with this virus when inoculated with relatively high doses, and we predict that infected birds excrete sufficient amounts of virus to transmit to other birds, including domestic chickens. Infected European Starlings showed no clinical signs or mortality after infection with H7N9. This abundant peridomestic bird may be a source of the novel H7N9 virus in live poultry markets and may have roles in virus transmission to poultry and humans.

  8. Nonlinear Schrödinger approach to European option pricing

    NASA Astrophysics Data System (ADS)

    Wróblewski, Marcin

    2017-05-01

    This paper deals with numerical option pricing methods based on a Schrödinger model rather than the Black-Scholes model. Nonlinear Schrödinger boundary value problems seem to be alternatives to linear models which better reflect the complexity and behavior of real markets. Therefore, based on the nonlinear Schrödinger option pricing model proposed in the literature, in this paper a model augmented by external atomic potentials is proposed and numerically tested. In terms of statistical physics the developed model describes the option in analogy to a pair of two identical quantum particles occupying the same state. The proposed model is used to price European call options on a stock index. the model is calibrated using the Levenberg-Marquardt algorithm based on market data. A Runge-Kutta method is used to solve the discretized boundary value problem numerically. Numerical results are provided and discussed. It seems that our proposal more accurately models phenomena observed in the real market than do linear models.

  9. The Changing Legal Climate for Marketing and Advertising in Europe.

    ERIC Educational Resources Information Center

    Dunn, S. Watson

    Although advertisers and marketers can expect stronger controls in all West European countries, especially by governments, they must be alert to country-by-country differences. Political moves to the left in any country will hasten controls. Consumerism is militant in some countries, practically dormat in others. Although self regulation is strong…

  10. An overview of the functional food market: from marketing issues and commercial players to future demand from life in space.

    PubMed

    Vergari, Francesca; Tibuzzi, Arianna; Basile, Giovanni

    2010-01-01

    Companies in the food industry have high expectations for food products that meet the consumers' demand for a healthy life style. In this context Functional Food plays a specific role. These foods are not intended only to satisfy hunger and provide the necessary human nutrients, but also to prevent nutrition-related diseases and increase the physical and mental well-being of their consumer. Among participants in space science and missions, recognition of nutraceuticals and dietary supplements is growing for their potential in reducing health risks and to improve health quality and eating habits during long-term flights and missions. In 2008 the entire functional foods market was worth over an estimated US $80 billion, with the US holding a majority share in the nutraceuticals market (35%) followed byJapan (25%) and with the ever-growing European market, currently estimated at US$8 billion. India and China are the two major countries known for their production of traditional functional food products and nutraceuticals, but other South-East Asian countries and Gulf nations are developing potential markets.

  11. Dynamic Interaction between Cap & Trade and Electricity Markets

    NASA Astrophysics Data System (ADS)

    Jeev, Kumar

    Greenhouse Gases (GHG), such as Carbon-Dioxide (CO2), which is released in the atmosphere due to anthropogenic activities like power production, are now accepted as the main culprits for global warming. The Regional Greenhouse Gas Initiative (RGGI), an initiative of the North East and Mid-Atlantic States of the United States (US) for limiting the emission of GHG, has developed a regional cap-and-trade program for CO2 emissions for power plants. Existing cap-and-trade programs in US and Europe for Greenhouse Gases have recently been plagued by over-allocation. Carbon prices recently collapsed in all these markets during the global recession. Since then, there have been significant policy changes, which have resulted in the adoption of aggressive emission cap targets by most major carbon emission markets. This is expected to make carbon emissions availability more restrictive, raising the prices of these credits. These emissions markets are expected to have a major impact on the wholesale electricity markets. Two models to study the interaction of these two markets are presented. These models assess the impact of the emissions market on wholesale electricity prices. The first model characterizes the competition between two types of power plants (coal and gas) in both the electricity and emissions markets as a dynamic game using the Cournot approximation. Under this approximation, we find that in the Nash equilibrium the plants increase their permit allocation to high-demand periods and the marginal value of each credit for a plant is identical in all periods under their optimal equilibrium strategy. The second numerical model allows us to explicitly evaluate the closed loop equilibrium of the dynamic interaction of two competitors in these markets. We find that plants often try to corner the market and push prices all the way to the price cap. Power plants derive most of their profits from these extreme price regimes. In the experiments where trading is allowed

  12. Canadian oil and gas taxation

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Watkins, C.; Scarfe, B.

    1985-01-01

    The taxation of Canadian oil and gas production has occasioned significant conflict between the federal government and the provinces, which own most of the petroleum resources. During the upheaval of the world oil market in the 1970s, such conflict became overt, with claims and counterclaims on perceived economic rents. In contrast, the 1950s and 1960s had been relatively quiet, with quite straightforward taxation regimes requiring only a little federal-provincial policy coordination. Federal policies were then preoccupied with encouraging market growth, with scant attention to pricing and revenue shares, the issues that have dominated federal and provincial energy policy in themore » 1970s and the 1980s. The authors begin by outlining the tax and royalty systems imposed by the federal government and by the government of Alberta, which accounts for some 85% of Canadian oil and gas output. They use the term system here in a broad sense to include all revenue-collecting devices and direct subsidies. Then they analyze the nature, problems, and efficiency of these regimes, especially as devices to collect economic rent. A final section speculates about the future evolution of Canadian oil and gas taxation. 13 references, 4 tables.« less

  13. The Growth of Halal Meat Markets in Europe: An Exploration of the Supply Side Theory of Religion

    ERIC Educational Resources Information Center

    Lever, John; Miele, Mara

    2012-01-01

    Over the last 15 years dedicated markets for halal meat have emerged in a number of European countries. While ethnic stores still constitute the major retail outlet for halal meat in most countries, "halal" labelled meat and meat products are increasingly available in supermarkets and fast food restaurants. Market expansion has also…

  14. Flex fuel polygeneration: Integrating renewable natural gas

    NASA Astrophysics Data System (ADS)

    Kieffer, Matthew

    Flex Fuel Polygeneration (FFPG) is the use of multiple primary energy sources for the production of multiple energy carriers to achieve increased market opportunities. FFPG allows for adjustments in energy supply to meet market fluctuations and increase resiliency to contingencies such as weather disruptions, technological changes, and variations in supply of energy resources. In this study a FFPG plant is examined that uses a combination of the primary energy sources natural gas and renewable natural gas (RNG) derived from MSW and livestock manure and converts them into energy carriers of electricity and fuels through anaerobic digestion (AD), Fischer-Tropsch synthesis (FTS), and gas turbine cycles. Previous techno-economic analyses of conventional energy production plants are combined to obtain equipment and operating costs, and then the 20-year NPVs of the FFPG plant designs are evaluated by static and stochastic simulations. The effects of changing operating parameters are investigated, as well as the number of anaerobic digestion plants on the 20-year NPV of the FTS and FFPG systems.

  15. Natural Gas Processing: The Crucial Link Between NG Production & Its Transportation to Market

    EIA Publications

    2006-01-01

    This special report examines the processing plant segment of the natural gas industry, providing a discussion and an analysis of how the gas processing segment has changed following the restructuring of the natural gas industry in the 1990s and the trends that have developed during that time.

  16. The State Policy for Natural Gas Sector / Sektor Gazu Ziemnego W Polityce Państwa

    NASA Astrophysics Data System (ADS)

    Szurlej, Adam

    2013-09-01

    This article reviews the state policy for natural gas sector. A particular attention has been given to how the assumptions of gas demand, import volumes and gas production from domestic reserves have developed in strategic documents. The restructuring of natural gas sector has been brought closer on the example of PGNiG S.A. (Polish Oil and Gas Company), and changes in the domestic gas market resulting from the implementation of EU law have been discussed as well. Major changes in the domestic gas market in the period of 1990-2011 have been presented along with the cooperation between Poland and Russia regarding the natural gas supply for the Polish market. W artykule dokonano przeglądu polityki państwa wobec sektora gazu ziemnego. W sposób szczególny przeanalizowano jak kształtowały się w dokumentach strategicznych prognozy w zakresie zapotrzebowania na gaz, wielkości importu i wydobycia gazu ze złóż krajowych. Przybliżono także restrukturyzację sektora gazu ziemnego na przykładzie PGNiG oraz zmiany na krajowym rynku gazu wynikające z implementacji prawa UE. Wskazano najważniejsze zmiany na krajowym rynku gazu ziemnego w latach 1990-2011 oraz scharakteryzowano współpracę polsko - rosyjską w zakresie dostaw gazu do Polski.

  17. 76 FR 22092 - Perryville Gas Storage LLC; Notice of Amendment

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-04-20

    ... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. CP11-159-000] Perryville Gas Storage LLC; Notice of Amendment Take notice that on March 30, 2011, Perryville Gas Storage LLC... granted authorization to charge market-based rates for its storage and hub services, as well as the...

  18. European Education, European Citizenship? On the Role of Education in Constructing Europeanness.

    ERIC Educational Resources Information Center

    Ollikainen, Aaro

    2000-01-01

    Focuses on the role of the European Union (EU) education programs in fostering a sense of European citizenship. Addresses the five meanings given to the concept of European citizenship: (1) recognition of European heritage; (2) EU loyalty; (3) right of free movement; (4) political participation; and (5) active citizenship. (CMK)

  19. Evolution of the Serbian pharmaceutical market alongside socioeconomic transition.

    PubMed

    Jakovljevic, Mihajlo B; Djordjevic, Natasa; Jurisevic, Milena; Jankovic, Slobodan

    2015-06-01

    South-eastern European socioeconomic transition followed by extensive health systems reforms has completely changed the pharmaceuticals market landscape in the region. Serbia, as the largest Western Balkans market, may serve as an example of such changes. Descriptive trend analysis of national-level dispensing of medicines in Serbia 2004-2012 was performed. Total public health expenditure in Serbia increased sharply in less than a decade (€1,175,158,679 to €1,847,971,776); public spending on pharmaceuticals doubled (€339,279,304 to €742,013,976). Market growth was primarily driven by statins, novel platelet aggregation inhibitors, monoclonal antibodies and combined preparations indicated in asthma and chronic obstructive pulmonary disease. The pharmaceutical market of Serbia has undergone thorough and complete transformation from within. Serious crisis of medicine supply sustainability is currently shaking Balkan health systems due to increasing public debt worsened by global recession. More responsible reimbursement policy rooted in cost-effectiveness principle is needed in years to come.

  20. Currency co-movement and network correlation structure of foreign exchange market

    NASA Astrophysics Data System (ADS)

    Mai, Yong; Chen, Huan; Zou, Jun-Zhong; Li, Sai-Ping

    2018-02-01

    We study the correlations of exchange rate volatility in the global foreign exchange(FX) market based on complex network graphs. Correlation matrices (CM) and the theoretical information flow method (Infomap) are employed to analyze the modular structure of the global foreign exchange network. The analysis demonstrates that there exist currency modules in the network, which is consistent with the geographical nature of currencies. The European and the East Asian currency modules in the FX network are most significant. We introduce a measure of the impact of individual currency based on its partial correlations with other currencies. We further incorporate an impact elimination method to filter out the impact of core nodes and construct subnetworks after the removal of these core nodes. The result reveals that (i) the US Dollar has prominent global influence on the FX market while the Euro has great impact on European currencies; (ii) the East Asian currency module is more strongly correlated than the European currency module. The strong correlation is a result of the strong co-movement of currencies in the region. The co-movement of currencies is further used to study the formation of international monetary bloc and the result is in good agreement with the consideration based on international trade.

  1. Natural gas: It's headed from surplus to shortage

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Parent, L.V.

    1988-02-01

    Reserve additions in the lower 48 states are not keeping up with the current rate of production, and deliverability surplus will soon become deliverability shortfall during periods of extended peak demand. Surplus deliverability will likely fade away, inasmuch as gas well completions are less than half of what they were when additions exceeded the current production rate of 16 tcf/year, and the outlook for a sharp increase in completions is bleak. Demand, lackluster before the recent cold weather, is likely to suffer some loss in markets where lower resid prices can switch loads back to oil. Year-end '87 price spikesmore » were a welcome relief to spot gas sellers, but low reside prices have already put a lid on what industrial users and power plants will pay. As an immature market struggles to develop structure in a quasi-deregulated environment, the Ferc is reduced to tinkering with the minutiae of Order 500, as it seeks to create a compromise that would be equally unsatisfactory to all. Canada is increasing its stake in the game. Canadian producers demonstrated their willingness to accept 1987's low price levels and be players. It will be another problem year for U.S. producers, as price relief for spot gas is more than offset by the Order 500 dilemma and drilling cost increases exceed wellhead price increases. Canadian gas will take a bigger piece of a desultory market. But pending shortfalls promise a better day for those with patience, stamina and deep pockets.« less

  2. Development of an Agent-based Model to Analyze Contemporary Helium Markets

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Riddle, Matthew E.; Uckun, Canan; Conzelmann, Guenter

    Although U.S. helium demand has remained relatively flat since 2009, exports of helium have increased significantly since then, driven primarily by demand for electronic and semiconductor manufacturing in Asia. In the midst of this global demand shift, the Helium Act dictates a new procedure for pricing and distributing the gas through a reserve that historically functioned as a loose “oligarchy.” The new procedure requires prices to be determined by the open market through auctions and a survey of market prices, as opposed to increasing prices according to the consumer price index. Response to these changes has caused temporary shortages, pricemore » increases, and a significant increase in the development of the helium extraction technologies used to produce helium from formerly marginal sources. Technologies are being developed and refined to extract helium from formerly low-yielding natural gas fields containing much lower amounts of helium than the previously considered economic threshold of 0.3%. Combining these transformative policies with the potential for new and significant global supplies from Qatar, Algeria, and Russia could lead to new and unforeseen market behaviors and reactions from global helium markets. The objective of the project is to analyze the global helium markets.« less

  3. At slaughtering and post mortem characteristics on Traditional market ewes and Halal market ewes in Tuscany.

    PubMed

    Sargentini, Clara; Tocci, Roberto; Campostrini, Matteo; Pippi, Eleonora; Iaconisi, Valeria

    2016-01-01

    The aim of this work was the comparison between the carcass and the meat ewes of the regional Traditional market and the Islamic religious (Halal) market. Thirty and 20 at the end of career traditional market and Halal market ewes were slaughtered following the EC (European Council, 2009) animal welfare guidelines. Live weight of ewes was taken and dressing percentage of carcasses was calculated. On every carcass zoometric measurement and the evaluation trough the EU grid rules were performed. On the Musculus longissimus thoracis of 12 Traditional market carcasses and 11 Halal market carcasses the physical-chemical and nutritional analysis were performed. Consumer tests for liking meat ewe were performed in order to find consumer's preference level for Traditional and Halal markets ewe meat. Considering as fixed factor the ewe meat market (Traditional and Halal), results were submitted to oneway Analysis of Variance (ANOVA) and to Principal Component Analysis (PCA). The Halal market ewes have shown lower dressing percentages (42.91 ± 0.82 vs 46.42 ± 0.69) and lower conformation score (4.5 ± 0.5 vs 7.8 ± 0.4). The Halal market meat showed higher cooking loss in oven (37.83 ± 1.20 vs 32.03 ± 1.15 %), lesser Chroma value (18.63 ± 0.70 vs 21.84 ± 0.67), and lesser Hue angle value (0.26 ± 0.02 vs 0.34 ± 0.02). This product had also lower fat percentage (4.2 ± 0.4 vs 7.09 ± 0.4). The traditional market meat had higher percentage in monounsatured fatty acids (MUFA) (43.84 ± 1.05 vs 38.22 ± 1.10), while the Halal market meat had higher percentage in ω3 poliunsatured fatty acids (PUFA) (5.04 ± 0.42 vs 3.60 ± 0.40). The consumer test showed as the ewe meat was appreciate by the consumers. Both meat typologies have shown good nutritional characteristics. The traditional market meat had higher MUFA composition, and a better MUFA/satured fatty acids (SFA) ratio, while the Halal market meat had

  4. ISO New England Dual Fuel Capabilities to Limit Natural Gas and Electricity Interdependencies

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Adder, Justin M.

    Since 2000, natural gas has seen tremendous growth as a fuel source for electricity generation in the United States (U.S.) with annual installations exceeding 20 GW in all but four years. It also accounts for an increasingly significant share of the nation’s electricity generation, growing from around 15 percent in the early part of the 2000s to between 26 and 29 percent in the last three years. (1) Increasing reliance on natural gas has led to concerns that an extreme weather event – which may cause curtailments in gas delivery – or a natural gas infrastructure failure could lead tomore » local or regional electric reliability issues. (2) These concerns stem from differences in delivery methods of natural gas to electric generating units (EGUs) contrasted with the fuel delivery and storage methods for traditional baseload power systems (i.e. coal and nuclear units).1 (3) Although it seems that there is an abundance of natural gas in a post-shale gas world, infrastructure limitations and differences in electric and natural gas markets persist that differentiate natural gas-fired generators from traditional baseload power generators. Such concerns can be partially mitigated by modifying natural gas EGUs for operation on secondary fuels and installing on-site fuel storage for the secondary fuel, thus ensuring continuity of operation in the case of a gas delivery problem.2 This report examines technical, regulatory, and market issues associated with operating power plants primarily fueled with natural gas, on a secondary fuel, such as fuel oil or liquefied natural gas (LNG). In addition, a regional case study was completed to identify the current and near-term potential for dual fuel operation in New England, along with a market impact analysis of potential cost savings during an extreme weather event. The New England Independent System Operator (ISO-NE) was selected as the study area based on a preponderance of natural gas-fired generators contributing to the

  5. 77 FR 20379 - San Diego Gas &

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-04-04

    ... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. EL00-95-000, et al.] San Diego Gas & Electric Company v. Sellers of Energy and Ancillary Services Into Markets Operated by the California Independent System Operator Corporation and the California Power Exchange; Notice of Designation...

  6. Essays on pricing electricity and electricity derivatives in deregulated markets

    NASA Astrophysics Data System (ADS)

    Popova, Julia

    2008-10-01

    This dissertation is composed of four essays on the behavior of wholesale electricity prices and their derivatives. The first essay provides an empirical model that takes into account the spatial features of a transmission network on the electricity market. The spatial structure of the transmission grid plays a key role in determining electricity prices, but it has not been incorporated into previous empirical models. The econometric model in this essay incorporates a simple representation of the transmission system into a spatial panel data model of electricity prices, and also accounts for the effect of dynamic transmission system constraints on electricity market integration. Empirical results using PJM data confirm the existence of spatial patterns in electricity prices and show that spatial correlation diminishes as transmission lines become more congested. The second essay develops and empirically tests a model of the influence of natural gas storage inventories on the electricity forward premium. I link a model of the effect of gas storage constraints on the higher moments of the distribution of electricity prices to a model of the effect of those moments on the forward premium. Empirical results using PJM data support the model's predictions that gas storage inventories sharply reduce the electricity forward premium when demand for electricity is high and space-heating demand for gas is low. The third essay examines the efficiency of PJM electricity markets. A market is efficient if prices reflect all relevant information, so that prices follow a random walk. The hypothesis of random walk is examined using empirical tests, including the Portmanteau, Augmented Dickey-Fuller, KPSS, and multiple variance ratio tests. The results are mixed though evidence of some level of market efficiency is found. The last essay investigates the possibility that previous researchers have drawn spurious conclusions based on classical unit root tests incorrectly applied to

  7. [Dangerous cosmetic products in Germany : Analysis of the RAPEX database of the European Commission].

    PubMed

    Elsner, P; Schliemann, S

    2017-11-01

    Cosmetic products are subject to the European Cosmetics Regulation: They shall not harm human health when used under "normal or reasonably foreseeable conditions". Hazardous cosmetic products are reported by the EU Member States to the EU Commission and are listed in the database of the European Rapid Alert System RAPEX. The reports from Germany on dangerous cosmetic products from the years 2005-3/2017 in the European RAPEX database were systematically analyzed. During the study period, 157 dangerous cosmetic products were reported from Germany. The most common product categories were bleaching creams (24.2%) because of the content of hydroquinone, mercury or corticosteroids, creams/lotions/gels (10.8%) mainly due to microbiological contamination, henna products (10.2%) because of sensitizing concentrations of paraphenylene diamine, and nail adhesives (8.9%) because of high levels of methyl methacrylate. Hazardous cosmetic products appear to be rare in view of the high market volume of cosmetics, even though the total number of official investigations the RAPEX reports based on is not known. Dermatologists should inform the competent monitoring authorities in case of a suspected harm to health caused by dangerous cosmetic products so that the products can be examined and, if necessary, withdrawn from the market.

  8. Longannet unit 2 return to service after gas reburn retrofit

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Golland, E.; De Santis, R.; McPhail, J.

    1998-07-01

    A gas reburning system, to demonstrate the economic and technical viability of the technology as a means of reducing emissions of oxides of nitrogen, has been installed on a 600 Mwe coal fired boiler at Longannet Power Station, owned and operated by ScottishPower. The Project, which was awarded a grant under the European Commissions THERMIE Programme, is being undertaken by ScottishPower in conjunction with a number of European partners, namely: British Gas, ESB, ENEL, Ansaldo Energia, EDF and Mitsui Babcock Energy. The project commenced in August 1994, when the participating partners began the process design. This included the definition ofmore » the number and location of the gas injectors, overfire air ports; specification of the associated process conditions for overfire air, recirculated flue gas and process gas; and the control system philosophy. Installation of the reburn equipment commenced in December 1995, and was completed in October 1996. Following commissioning in late 1996, a comprehensive testing program was undertaken with the objectives of optimizing reburn performance and validating the process design methodology. This paper describers the background and scope of the project, including the use and development of in-house experimental and theoretical modeling used in the process design, and reports on the progress and results obtained to date from the testing program.« less

  9. An overview of a free-market approach to climate change and conservation.

    PubMed

    Sandor, Richard L; Bettelheim, Eric C; Swingland, Ian R

    2002-08-15

    This paper describes the convergence of environmental and financial markets, reviews the evolution of market-based environmental programmes as an example of the seven-stage evolutionary process witnessed in a variety of markets and summarizes the emergence of greenhouse-gas-mitigation markets and their potential role in advancing land stewardship, biodiversity and other environmental services. Emissions trading has been developed to meet the demand to reduce pollution while avoiding economic disruption. Consistent with the seven-stage pattern of market evolution, the US programme to reduce the damage from acid rain established a standardized environmental commodity, developed 'evidence of ownership' necessary for financial instruments and provided the infrastructure to efficiently transfer title. The success of the system in reducing pollution at low cost has provided a model for other market-based environmental protection initiatives. The demand for cost-effective action to reduce the threat of climate change has initiated the same evolutionary process for markets to reduce greenhouse-gas emissions. Many of the land- and forest-management practices that can capture and store atmospheric CO(2) can also provide other environmental benefits, such as biodiversity preservation and enhanced water quality. The presence of a carbon-trading market will introduce a clear financial value for capture and mitigation of CO(2) emissions, thus introducing a new source of funding for land stewardship and forest rehabilitation. The market is now emerging through a variety of 'bottom-up' developments being undertaken through governmental, multilateral, private-sector and non-governmental-organization initiatives. The extension of markets to other emerging environmental issues is now underway, and the linkages between environmental sustainability and capital markets are being more deeply understood. The early evidence indicates that environmental sustainability can be compatible with

  10. Perspectives on the Development of LNG Market Hubs in the Asia Pacific Region

    EIA Publications

    2017-01-01

    The report discusses current initiatives to establish regional liquefied natural gas (LNG) trading hubs and pricing benchmarks in Asia and assesses the prospects for the Asian gas hubs in the near future. The report examines the characteristics of successful natural gas trading hubs and develops qualitative and quantitative indicators of the components of effective hubs, with emphasis on applying these indicators to Asian markets

  11. Marketing new medical devices.

    PubMed

    LoBuglio, R J

    1988-01-01

    The marketing concept says that a firm should focus all of its efforts on satisfying its customers, at a profit. This is really a a new philosophy of business, replacing a production-oriented philosophy which focused on organizing a firm's resources to make products and then selling them. The marketing concept calls for reorienting the firm's ways of doing things. Instead of trying to get customers to buy what the firm has produced, a marketing-oriented firm would try to sell what the customers want. The underlying principle of the marketing concept is that a firm should seek to meet the needs of customers, at a profit, rather than place its main emphasis on its own internal activities and utilization of its resources. These latter factors are also important, of course, but those who believe in the marketing concept feel that customers' needs should be the firm's primary focus and that resources should be organized to satisfy those needs. Give the customer what he needs--this may seem so obvious and logical that it is difficult to understand why the marketing concept is considered such a breakthrough. However, people haven't always done the logical and obvious. In a typical company, production men thought mainly about getting the product out. Accountants were only interested in balancing the books. Financial people were absorbed in the company's cash position. And salesmen were mainly concerned with getting orders. No one was particularly concerned with whether the whole system made sense. As long as the company made a profit, each department went merrily on its independent way, "doing its own thing." Unfortunately, they still do in the majority of companies today. Finding out customer's attitudes can avoid prejudices and stereotypes commonly found in the typical organization. The need for market research to avoid stereotypes can be dramatized by the following results from a large-scale survey of European adults: The average Frenchman uses almost twice as many

  12. Preclinical Development of Cell-Based Products: a European Regulatory Science Perspective.

    PubMed

    McBlane, James W; Phul, Parvinder; Sharpe, Michaela

    2018-06-25

    This article describes preclinical development of cell-based medicinal products for European markets and discusses European regulatory mechanisms open to developers to aid successful product development. Cell-based medicinal products are diverse, including cells that are autologous or allogeneic, have been genetically modified, or not, or expanded ex vivo, and applied systemically or to an anatomical site different to that of their origin; comments applicable to one product may not be applicable to others, so bespoke development is needed, for all elements - quality, preclinical and clinical. After establishing how the product is produced, proof of potential for therapeutic efficacy, and then safety, of the product need to be determined. This includes understanding biodistribution, persistence and toxicity, including potential for malignant transformation. These elements need to be considered in the context of the intended clinical development. This article describes regulatory mechanisms available to developers to support product development that aim to resolve scientific issues prior to marketing authorization application, to enable patients to have faster access to the product than would otherwise be the case. Developers are encouraged to be aware of both the scientific issues and regulatory mechanisms to ensure patients can be supplied with these products.

  13. Use of the conditional marketing authorization pathway for oncology medicines in Europe.

    PubMed

    Hoekman, J; Boon, W P C; Bouvy, J C; Ebbers, H C; de Jong, J P; De Bruin, M L

    2015-11-01

    Conditional marketing authorization (CMA) in the European Union (EU) is an early access pathway for medicines that show promising therapeutic effects, but for which comprehensive data are not available. Using a mixed quantitative-qualitative research design, we evaluated how CMA has been used in marketing authorization of oncology medicines in the period 2006 to 2013. We show that compared to full marketing authorization, CMA is granted based on less comprehensive data. However, this is accompanied by significantly longer assessment times and less consensus among regulators about marketing authorization. Moreover, development time from first-in-human testing to marketing authorization did not differ between full marketing authorization and CMA, but was significantly longer for CMA compared to accelerated approved products in the United States (US). Results indicate that CMA is not used by companies as a prospectively planned pathway to obtain early access, but as a "rescue option" when submitted data are not strong enough to justify full marketing authorization. © 2015, The American Society for Clinical Pharmacology and Therapeutics.

  14. Wild and native plants and mushrooms sold in the open-air markets of south-eastern Poland.

    PubMed

    Kasper-Pakosz, Renata; Pietras, Marcin; Łuczaj, Łukasz

    2016-10-07

    The study of plants and fungi sold in open-air markets is an important part of ethnobotanical enquiry. Only few such studies were carried out in Europe. Four of the largest open-air markets of south-eastern Poland were visited regularly, and the plants sold in them were recorded between 2013 and 2015. The aim of the study was to record native and/or wild species sold in the markets. All the plants sold in the markets were photographed regularly. In each market, 25 sellers were interviewed. Voucher specimens were collected and fungi were identified using DNA barcoding. Altogether, 468 species of plants were recorded, 117 of them native to south-eastern Poland - 19 only collected from the wild and 11 both wild and cultivated. Seventeen of the species are under legal protection. Most protected plants were sold from cultivation, although proper authorization procedures had not been performed. Thirty-two species of fungi were sold (including two cultivated species), all of them for culinary purposes. Two species (Lactarius quieticolor, Leccinum schistophilum) are new to the mycobiota of Poland. Ornamental plants constituted a large section of the market, and they dominated the group of native species. Food plants dominated among wild-collected plants and were sold mainly as fruits for jams, juices and alcoholic drinks, or as culinary herbs. Very few medicinal or green vegetable plants were sold. An interesting feature of the markets was the sale of Ledum palustre as an insect repellent. Finding two species of fungi which are new to Poland highlights the importance of DNA barcoding in ethnomycological studies. Most items in the markets are ornamental plants, or edible fruits and mushrooms. Very few medicinal plants and green vegetables are sold, which differentiates the markets from southern European ones. Such a pattern is probably the model for most central European markets.

  15. European Scientific Notes. Volume 34, Number 9,

    DTIC Science & Technology

    1980-09-30

    ancient Great Pyramids of Giza . Modern oil/water interfaces by examining their automobiles share the right of way with behavior as emulsifying agents...Cheston 447 The First European Physical Society "Solid State" Meeting J.R. Neighbours 449 Physics, Peace, and Pyramids in Egypt-Part II R.S. Hughes...sputtering with var- ious additives or by introducing PH3 PHYSICS PEACE, AND PYRAMIDS IN EGYPT- ( n type) or BH4 (- p type) into the PART "T SiH, gas used in

  16. Is orphan drug status beneficial to tropical disease control? Comparison of the American and future European orphan drug acts.

    PubMed

    Trouiller, P; Battistella, C; Pinel, J; Pecoul, B

    1999-06-01

    OBJECTIVES To quantify past outcomes of tropical pharmacology research and development (R & D) and to assess past benefits of the American orphan drug act and potential benefits of the future European orphan drug regulation on tropical diseases. This paper presents two analyses: a 1983-97 retrospective study of the United States Orphan Drug Act concerning rare diseases and a prospective study of the European Proposal for a Regulation Concerning Orphan Drugs and its possible impact on tropical diseases. Different programmes have in the past tried to stimulate R & D in this area, but results remain limited. Of 1450 new chemical entities marketed between 1972 and 1997, 13 were specifically for tropical diseases and considered as essential drugs. Between 1983 & 1997, the US Orphan Drug Act approved 837 drugs and marketing of 152 new molecular entities (NMEs). Three NMEs have been designated for malaria and human African trypanosomiasis. Seven others, already commonly used in tropical diseases, received either orphan designation or an orphan approval for another indication. Pharmaceutical companies benefit from the US framework only when the US market exclusivity clause was applicable. Future European orphan drug regulation appears to be similar to the US Orphan Drug Act. CONCLUSION The orphan drug programmes relating to rare diseases have met with some success. Considering tropical diseases rare diseases seems inadequate to boost pharmaceutical R & D. However, some provisions of the European text may be relevant to tropical diseases, admitting the need for a more specific rule for evaluations of this kind of drug and recognizing the existence of 'diseases of exception'.

  17. EUTELTRACS: The European experience on mobile satellite services

    NASA Technical Reports Server (NTRS)

    Colcy, Jean-Noel; Steinhaeuser, Rafael

    1993-01-01

    EUTELTRACS is Europe's first commercially operated Mobile Satellite Service. Under the overall network operation of EUTELSAT, the European Telecommunications Satellite Organization, EUTELTRACS provides an integrated message exchange and position reporting service. This paper describes the EUTELTRACS system architecture, the message exchange and the position reporting services, including the result of recent analysis of message delivery time and positioning accuracy. It also provides an overview of the commercial deployment, the regulatory situation for its operation within Europe and new applications outside its target market, the international road transportation.

  18. [Food supplements on the Hungarian market: regulations of marketing and of the composition of the products].

    PubMed

    Lugasi, Andrea; Horacsek, Márta; Martos, Eva

    2010-09-26

    According to recent legislation, food supplements are foodstuffs with the purpose of supplementing normal diet. Food supplements are concentrated sources of nutrients such as vitamins and minerals and other substances with a physiological or nutritional effect. In Hungary, marketing of food supplements has not been bound to pre-market authorization since joining to the European Union. The food business operator, who is responsible for production or distribution of the product, must notify it at National Institute for Food and Nutrition Science latest at the time when the product has been placed on the market and it can be distributed simultaneously. Distribution, ingredients, and all those information which appear on the label are determined by numerous regulations and prescriptions but at the same time the lack of harmonized legislation at certain places may cause a lot of problems on Community level. The first part of the study shows the laws and regulations influencing the distribution and ingredients of food supplements, while the main target of the second part is to introduce the evaluation process of components from nutritional and physiological point of view, and the role played by the food supplements in nutrition.

  19. Petroleum Market Model of the National Energy Modeling System. Part 1

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    NONE

    The purpose of this report is to define the objectives of the Petroleum Market Model (PMM), describe its basic approach, and provide detail on how it works. This report is intended as a reference document for model analysts, users, and the public. The PMM models petroleum refining activities, the marketing of petroleum products to consumption regions, the production of natural gas liquids in gas processing plants, and domestic methanol production. The PMM projects petroleum product prices and sources of supply for meeting petroleum product demand. The sources of supply include crude oil, both domestic and imported; other inputs including alcoholsmore » and ethers; natural gas plant liquids production; petroleum product imports; and refinery processing gain. In addition, the PMM estimates domestic refinery capacity expansion and fuel consumption. Product prices are estimated at the Census division level and much of the refining activity information is at the Petroleum Administration for Defense (PAD) District level.« less

  20. Leaf gas exchange performance and the lethal water potential of five European species during drought.

    PubMed

    Li, Shan; Feifel, Marion; Karimi, Zohreh; Schuldt, Bernhard; Choat, Brendan; Jansen, Steven

    2016-02-01

    Establishing physiological thresholds to drought-induced mortality in a range of plant species is crucial in understanding how plants respond to severe drought. Here, five common European tree species were selected (Acer campestre L., Acer pseudoplatanus L., Carpinus betulus L., Corylus avellana L. and Fraxinus excelsior L.) to study their hydraulic thresholds to mortality. Photosynthetic parameters during desiccation and the recovery of leaf gas exchange after rewatering were measured. Stem vulnerability curves and leaf pressure-volume curves were investigated to understand the hydraulic coordination of stem and leaf tissue traits. Stem and root samples from well-watered and severely drought-stressed plants of two species were observed using transmission electron microscopy to visualize mortality of cambial cells. The lethal water potential (ψlethal) correlated with stem P99 (i.e., the xylem water potential at 99% loss of hydraulic conductivity, PLC). However, several plants that were stressed beyond the water potential at 100% PLC showed complete recovery during the next spring, which suggests that the ψlethal values were underestimated. Moreover, we observed a 1 : 1 relationship between the xylem water potential at the onset of embolism and stomatal closure, confirming hydraulic coordination between leaf and stem tissues. Finally, ultrastructural changes in the cytoplasm of cambium tissue and mortality of cambial cells are proposed to provide an alternative approach to investigate the point of no return associated with plant death. © The Author 2015. Published by Oxford University Press. All rights reserved. For Permissions, please email: journals.permissions@oup.com.

  1. Ariane: NASA's European rival

    NASA Astrophysics Data System (ADS)

    The successful test launch of two three-quarter ton satellites in the European Space Agency's (ESA) Ariane rocket last June firmly placed ESA in competition with NASA for the lucrative and growing satellite launching market. Under the auspices of the private (but largely French-government financed) Arianespace company, ESA is already attracting customers to its three-stage rocket by offering low costs.According to recent reports [Nature, 292, pp. 785 and 788, 1981], Arianespace has been able to win several U.S. customers away from NASA, including Southern Pacific Communications, Western Union, RCA, Satellite Television Corporation, and GTE. Nature [292, 1981] magazine in an article entitled ‘More Trouble for the Hapless Shuttle’ suggests that it will be possible for Ariane to charge lower prices for a launch than NASA, even with the space shuttle.

  2. Simulation of fuel demand for wood-gas in combustion engine

    NASA Astrophysics Data System (ADS)

    Botwinska, Katarzyna; Mruk, Remigiusz; Tucki, Karol; Wata, Mateusz

    2017-10-01

    In the era of the oil crisis and proceeding contamination of the natural environment, it is attempted to substitute fossil raw materials with alternative carriers. For many years, road transport has been considered as one of the main sources of the substances deteriorating air quality. Applicable European directives oblige the member states to implement biofuels and biocomponents into the general fuel market, however, such process is proceeding gradually and relatively slowly. So far, alternative fuels have been used on a large scale to substitute diesel fuel or petrol. Derivatives of vegetable raw materials, such as vegetable oils or their esters and ethanol extracted from biomass, are used to that end. It has been noticed that there is no alternative to LPG which, due to financial reasons, is more and more popular as fuel in passenger cars. In relation to solutions adopted in the past, it has been decided to analyse the option of powering a modern passenger car with wood gas - syngas. Such fuel has been practically used since the 1920's. To that end, a computer simulation created in SciLab environment was carried out. Passenger car Fiat Seicento, fitted with Fire 1.1 8V petrol engine with power of 40kW, whose parameters were used to prepare the model, was selected as the model vehicle. The simulation allows the determination of engine demand on the given fuel. Apart from the wood gas included in the title, petrol, methane and LPG were used. Additionally, the created model enables the determination of the engine power at the time of the indicated fuels supply. The results obtained in the simulation revealed considerable decrease in the engine power when the wood gas was supplied and the increased consumption of this fuel. On the basis of the analysis of the professional literature describing numerous inconveniences connected with the use of this fuel as well as the obtained results, it has been established that using the wood gas as alternative fuel is currently

  3. Comparative analysis of Danggui and European Danggui using nuclear magnetic resonance-based metabolic fingerprinting.

    PubMed

    Li, Zhen-Yu; Zhang, Zheng-Zheng; Du, Guan-Hua; Qin, Xue-Mei

    2015-01-25

    Danggui is a widely used herbal drug in traditional Chinese medicine, and adulteration with European Danggui is frequently encountered in the market. We compared the chemical compositions and biological effects of Danggui and European Danggui using proton nuclear magnetic resonance spectroscopy coupled with multivariate analysis. Results showed that Danggui and European Danggui differed in both primary and secondary metabolites. Danggui contained higher levels of alanine, γ-aminobutyrate, adenosine, arginine, sucrose, α-glucose, β-glucose, tryptophan, and cis-Z,Z'-3a.7a',7a.3a'-dihydroxyligustilide than European Danggui. Meanwhile, European Danggui contained higher contents of valine, proline, fumaric acid, phenylalanine, nicotinamide derivative, Z-butylidenephthalide, coniferyl ferulate, ferulic acid, Z-ligustilide, and Z,Z-6,6'7,3a-diligustilide than Danggui. A blood deficiency model was used to compare the biological effects of the two drugs. Despite its higher levels of Z-ligustilide and ferulic acid, European Danggui showed a weaker blood enriching effect than Danggui. Thus, the bioactive compounds responsible for the blood enriching effect in Danggui and their possible synergistic effects should be further studied. Copyright © 2014 Elsevier B.V. All rights reserved.

  4. Cooling the Campus: Experiences from a Pilot Study to Reduce Electricity Use at Tufts University, USA, Using Social Marketing Methods

    ERIC Educational Resources Information Center

    Marcell, Kristin; Agyeman, Julian; Rappaport, Ann

    2004-01-01

    A community-based social marketing (CBSM) campaign to reduce student electricity use and greenhouse gas emissions was undertaken at Tufts University in Medford, Massachusetts. Social marketing methods follow a commercial marketing model and involve market research into the planning, pricing, communication, distribution, and evaluation of methods…

  5. Analyzing interaction of electricity markets and environmental policies using equilibrium models

    NASA Astrophysics Data System (ADS)

    Chen, Yihsu

    Around the world, the electric sector is evolving from a system of regulated vertically-integrated monopolies to a complex system of competing generation companies, unregulated traders, and regulated transmission and distribution. One emerging challenge faced by environmental policymakers and electricity industry is the interaction between electricity markets and environmental policies. The objective of this dissertation is to examine these interactions using large-scale computational models of electricity markets based on noncooperative game theory. In particular, this dissertation is comprised of four essays. The first essay studies the interaction of the United States Environmental Protection Agency NOx Budget Program and the mid-Atlantic electricity market. This research quantifies emissions, economic inefficiencies, price distortions, and overall social welfare under various market assumptions using engineering-economic models. The models calculate equilibria for imperfectly competitive markets---Cournot oligopoly---considering the actual landscape of power plants and transmission lines, and including the possibility of market power in the NOx allowances market. The second essay extends the results from first essay and models imperfectly competitive markets using a Stackelberg or leader-follower formulation. A leader in the power and NO x markets is assumed to have perfect foresight of its rivals' responses. The rivals' best response functions are explicitly embedded in the leader's constraints. The solutions quantify the extent to which a leader in the markets can extract economic rents on the expense of its followers. The third essay investigates the effect of implementing the European Union (EU) CO2 Emissions Trading Scheme (ETS) on wholesale power prices in the Western European electricity market. This research uses theoretical and computational modeling approaches to quantify the degree to which CO2 costs were passed on to power prices, and quantifies the

  6. Middle East fuel supply & gas exports for power generation

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Mitchell, G.K.; Newendorp, T.

    1995-12-31

    The Middle East countries that border on, or are near, the Persian Gulf hold over 65% of the world`s estimated proven crude oil reserves and 32% of the world`s estimated proven natural gas reserves. In fact, approximately 5% of the world`s total proven gas reserves are located in Qatar`s offshore North Field. This large natural gas/condensate field is currently under development to supply three LNG export projects, as well as a sub-sea pipeline proposal to export gas to Pakistan. The Middle East will continue to be a major source of crude oil and oil products to world petroleum markets, includingmore » fuel for existing and future base load, intermediate cycling and peaking electric generation plants. In addition, as the Persian Gulf countries turn their attention to exploiting their natural gas resources, the fast-growing need for electricity in the Asia-Pacific and east Africa areas offers a potential market for both pipeline and LNG export opportunities to fuel high efficiency, gas-fired combustion turbine power plants. Mr. Mitchell`s portion of this paper will discuss the background, status and timing of several Middle Eastern gas export projects that have been proposed. These large gas export projects are difficult and costly to develop and finance. Consequently, any IPP developers that are considering gas-fired projects which require Mid-East LNG as a fuel source, should understand the numerous sources and timing to securing project debt, loan terms and conditions, and, restrictions/credit rating issues associated with securing financing for these gas export projects. Mr. Newendorp`s section of the paper will cover the financing aspects of these projects, providing IPP developers with additional considerations in selecting the primary fuel supply for an Asian-Pacific or east African electric generation project.« less

  7. Institute on oil and gas law and taxation

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Ernst, A.C.

    1979-01-01

    This volume contains discussions, by acknowledged authorities, of important legal and tax problems of the oil and gas industries. The articles were delivered in condensed form as lectures during the Thirtieth Annual Institute on Oil and Gas Law and Taxation held by the Southwest Legal Foundation. The following topics are discussed: crude oil issues; natural gas liquid-selected problems in regulation; recent developments in DOE audits of refiners and marketers; contrasting administrative procedures before the DOE, DOE organization - the limit of regulatory power, current major developments in federal natural gas legislation and regulation; dedication and abandonment - problems under sectionmore » 7(b) of the Natural Gas Act; Natural gas pipelines - their regulation and their current problems, current antitrust developments in oil and gas exploration and production; developments in nonregulatory oil and gas law; recent developments in oil and gas taxation; entity selection - an experience in alchemy - a comparison of corporations, partnerships, and joint ventures; foreign money and US oil and gas - tax considerations; 1978 legislative developments in oil and gas taxation; and recapture of intangibles under section 1254. (DC)« less

  8. Private health insurance: a role model for European health systems.

    PubMed

    Arentz, Christine; Eekhoff, Johann; Kochskämper, Susanna

    2012-10-01

    European health care systems will face major challenges in the near future. Demographic change and technological progress induce rising costs. In order to deal with these developments and to preserve the current level of health care provision, health care systems need to be highly efficient. Yet existing health care systems show a lot of inefficiencies that result in waste of scarce resources. Therefore, improvements in performance are necessary. In this article, we argue that a change in financing health care accompanied by the liberalisation of the market for health care service providers offers a promising solution. We develop a market-based model for financing health care and show how it can be put into practice without generating additional costs for society while meeting social equity criteria.

  9. 18 CFR 284.403 - Code of conduct for persons holding blanket marketing certificates.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ... 18 Conservation of Power and Water Resources 1 2010-04-01 2010-04-01 false Code of conduct for persons holding blanket marketing certificates. 284.403 Section 284.403 Conservation of Power and Water... information upon which it billed the prices it charged for the natural gas sold pursuant to its market based...

  10. Development of Vocational Education and Training Standards: The Impact of Labour Market Information. Manual. Qualifications and Training Methods.

    ERIC Educational Resources Information Center

    Mansfield, Bob, Ed.

    This is the third publication in the European Training Foundation's (ETF's) series of manuals designed to support development of vocational education and training (VET) standards. This volume looks at ways in which VET standards are linked to labor market demands and how relevant VET standards are to the needs of employment in a market economy.…

  11. Promoting and Protecting Public Health: How the European Union Pharmacovigilance System Works.

    PubMed

    Santoro, Aniello; Genov, Georgy; Spooner, Almath; Raine, June; Arlett, Peter

    2017-10-01

    This article provides an overview of the European Union pharmacovigilance system resulting from the rationalisation and strengthening delivered through the implementation of the revised pharmacovigilance legislation. It outlines the system aims, underlying principles, components and drivers for future change. At its core, the Pharmacovigilance Risk Assessment Committee is responsible for assessing all aspects of the risk management of medicinal products, thus ensuring that medicines approved for the European Union market are optimally used by maximising their benefits and minimising risks. The main objectives of the system are to promote and protect public health by supporting the availability of medicines including those that fulfil previously unmet medical needs, and reducing the burden of adverse drug reactions. These are achieved through a proactive, risk proportionate and patient-centred approach, with high levels of transparency and engagement of civil society. In the European Union, pharmacovigilance is now fully integrated into the life cycle of medicinal products, with the planning of pharmacovigilance activities commencing before a medicine is placed on the market, and companies encouraged to start planning very early in development for high-innovation products. After authorisation, information on the safety of medicines continues to be obtained through a variety of sources, including spontaneous reports of adverse drug reactions or monitoring real-world data. Finally, the measurement of the impact of pharmacovigilance activities, auditing and inspections, as well as capacity building ensure that the system undergoes continuous improvement and can always rely on the best methodologies to safeguard public health.

  12. Tracks for Eastern/Western European Future Launch Vehicles Cooperation

    NASA Astrophysics Data System (ADS)

    Eymar, Patrick; Bertschi, Markus

    2002-01-01

    exclusively upon Western European elements indigenously produced. Yet some private initiatives took place successfully in the second half of the nineties (Eurockot and Starsem) bringing together companies from Western and Eastern Europe. Evolution of these JV's are already envisioned. But these ventures relied mostly on already existing vehicles. broadening the bases in order to enlarge the reachable world market appears attractive, even if structural difficulties are complicating the process. had recently started to analyze, with KSRC counterparts how mixing Russian and Western European based elements would provide potential competitive edges. and RKA in the frame of the new ESA's Future Launch Preparatory Programme (FLPP). main technical which have been considered as the most promising (reusable LOx/Hydrocarbon engine, experimental reentry vehicles or demonstrators and reusable launch vehicle first stage or booster. international approach. 1 patrick.eymar@lanceurs.aeromatra.com 2

  13. The perspective of European researchers of national occupational safety and health institutes for contributing to a European research agenda: a modified Delphi study

    PubMed Central

    Gagliardi, Diana; Rondinone, Bruna M; Mirabile, Marco; Buresti, Giuliana; Ellwood, Peter; Hery, Michel; Paszkiewicz, Peter; Valenti, Antonio; Iavicoli, Sergio

    2017-01-01

    Objectives This study, developed within the frame of the Partnership for European Research on Occupational Safety and Health joint research activities and based on the frame designed by the 2013 European Agency for Safety and Health at Work (EU-OSHA) study, is the first example of using the points of view of European occupational safety and health (OSH) researchers. The objective is to identify priorities for OSH research that may contribute to the achievement of present and future sustainable growth objectives set by the European strategies. Methods The study was carried out using a modified Delphi method with a two-round survey. Each round involved a panel of about 110 researchers representing the network member institutes was selected according to specific criteria, including the ownership of research expertise in at least one of the four macroareas identified by the reference report developed by EU-OSHA in 2013. Results The study identified some innovative research topics (for example, ‘Emerging technological devices’ and ‘OSH consequences of markets integration’) and research priorities (ie, crowdsourcing, e-work, zero-hours contracts) that are not reflected in previous studies of this nature. The absence of any reference to violence and harassment at work among the researchers’ proposals is a major difference from previous similar studies, while topics related to gender issues and electromagnetic fields show a lower importance. Conclusions The innovative design of a research priorities identification process, which takes advantage of a large, representative and qualified panel of European researchers allowed the definition of a number of research priorities able to support the inclusion of innovative OSH research issues in the scope of the next European research agenda. PMID:28645965

  14. Demonstration of Enabling Spar-Shell Cooling Technology in Gas Turbines

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Downs, James

    2014-12-29

    In this Advanced Turbine Program-funded Phase III project, Florida Turbine Technologies, Inc. (FTT) has developed and tested, at a pre-commercial prototypescale, spar-shell turbine airfoils in a commercial gas turbine. The airfoil development is based upon FTT’s research and development to date in Phases I and II of Small Business Innovative Research (SBIR) grants. During this program, FTT has partnered with an Original Equipment Manufacturer (OEM), Siemens Energy, to produce sparshell turbine components for the first pre-commercial prototype test in an F-Class industrial gas turbine engine and has successfully completed validation testing. This project will further the commercialization of this newmore » technology in F-frame and other highly cooled turbine airfoil applications. FTT, in cooperation with Siemens, intends to offer the spar-shell vane as a first-tier supplier for retrofit applications and new large frame industrial gas turbines. The market for the spar-shell vane for these machines is huge. According to Forecast International, 3,211 new gas turbines units (in the >50MW capacity size range) will be ordered in ten years from 2007 to 2016. FTT intends to enter the market in a low rate initial production. After one year of successful extended use, FTT will quickly ramp up production and sales, with a target to capture 1% of the market within the first year and 10% within 5 years (2020).« less

  15. Health, alcohol and EU law: understanding the impact of European single market law on alcohol policies.

    PubMed

    Baumberg, Ben; Anderson, Peter

    2008-08-01

    Many professionals in the alcohol field see the role of the the European Court of Justice (ECJ) as negative for health. This review examines ECJ and European Free Trade Association (EFTA) case law in the context of two broader debates: firstly the extension of European Union (EU) law into alcohol policy (the 'juridification' of alcohol policy), and secondly the extent to which alcohol policy is an example of the dominance of 'negative integration' (the removal of trade-distorting policy) over 'positive integration' (the creation of European alcohol policies). A comprehensive review of all ECJ/EFTA Court cases on alcohol, with interpretation aided by a secondary review on alcohol and EU law and the broader health and trade field. From looking at taxation, minimum pricing, advertising and monopoly policies, the extension of the scope of the these courts over alcohol policy is unquestionable. However, the ECJ and EFTA Court have been prepared to prioritize health over trade concerns when considering alcohol policies, providing certain conditions have been met. While a partial juridification of alcohol policy has led to the negative integration of alcohol policies, this effect is not as strong as sometimes thought; EU law is more health friendly than it is perceived to be, and its impact on levels of alcohol-related harm appears low. Nevertheless, lessons emerge for policymakers concerned about the legality of alcohol policies under EU law. More generally, those concerned with alcohol and health should pay close attention to developments in EU law given their importance for public health policy on alcohol.

  16. The new European legislation on traditional herbal medicines: main features and perspectives.

    PubMed

    Silano, Marco; De Vincenzi, Massimo; De Vincenzi, Alessandro; Silano, Vittorio

    2004-03-01

    Under the Italian Presidency of the Council of the European Union (July 2003-December 2003) an agreement has been reached by the European Parliament and the Council on the approval of the proposal of Directive of the European Parliament and the Council amending the Directive 2001/83/EC as regards traditional herbal medicinal products. Once implemented in the E.U. Member States, this new Directive will remove the constraints that have made it difficult granting marketing authorisations of herbal substances and preparations as traditional medicinal products under the pre-existing Community legislation. The main features (i.e. traditional herbal medicine definition, simplified registration procedure, provisions for Community herbal monographs and Community list of herbal substances and preparations and establishment of the Committee for Herbal Medicinal Products) of this new Community legislation are analysed and discussed in the present paper together with some expected positive public health impacts.

  17. Petroleum marketing monthly with data for May 1997

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    NONE

    1997-08-01

    The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of crude oil, and the refiners` acquisition cost of crude oil. Refined petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. The Petroleum Marketing Division, Office of Oil and Gas, Energy Information Administration ensures themore » accuracy, quality, and confidentiality of the published data in the Petroleum Marketing Monthly.« less

  18. Carbon savings with transatlantic trade in pellets: accounting for market-driven effects

    NASA Astrophysics Data System (ADS)

    Wang, Weiwei; Dwivedi, Puneet; Abt, Robert; Khanna, Madhu

    2015-11-01

    Exports of pellets from the United States (US) are growing significantly to meet the demand for renewable energy in the European Union. This transatlantic trade in pellets has raised questions about the greenhouse gas (GHG) intensity of these pellets and their effects on conventional forest product markets in the US. This paper examines the GHG intensity of pellets exported from the US using either forest biomass only or forest and agricultural biomass combined. We develop an integrated dynamic, price-endogenous, partial equilibrium model of the forestry, agricultural, and transportation sectors in the US to investigate not only the direct life-cycle GHG intensity of pellets but also the accompanying indirect market and land use effects induced by changes in prices of forest and agricultural products over the 2007-2032 period. Across different scenarios of high and low pellet demand that can be met with either forest biomass only or with forest and agricultural biomass, we find that the GHG intensity of pellet based electricity is 74% to 85% lower than that of coal-based electricity. We also find that the GHG intensity of pellets produced using agricultural and forest biomass is 28% to 34% lower than that of pellets produced using forest biomass only. GHG effects due to induced direct and indirect changes in forest carbon stock caused by changes in harvest rotations, changes in land use and in conventional wood production account for 11% to 26% of the overall GHG intensity of pellets produced from forest biomass only; these effects are negative with the use of forest and agricultural biomass.

  19. A pre-crisis vs. crisis analysis of peripheral EU stock markets by means of wavelet transform and a nonlinear causality test

    NASA Astrophysics Data System (ADS)

    Polanco-Martínez, J. M.; Fernández-Macho, J.; Neumann, M. B.; Faria, S. H.

    2018-01-01

    This paper presents an analysis of EU peripheral (so-called PIIGS) stock market indices and the S&P Europe 350 index (SPEURO), as a European benchmark market, over the pre-crisis (2004-2007) and crisis (2008-2011) periods. We computed a rolling-window wavelet correlation for the market returns and applied a non-linear Granger causality test to the wavelet decomposition coefficients of these stock market returns. Our results show that the correlation is stronger for the crisis than for the pre-crisis period. The stock market indices from Portugal, Italy and Spain were more interconnected among themselves during the crisis than with the SPEURO. The stock market from Portugal is the most sensitive and vulnerable PIIGS member, whereas the stock market from Greece tends to move away from the European benchmark market since the 2008 financial crisis till 2011. The non-linear causality test indicates that in the first three wavelet scales (intraweek, weekly and fortnightly) the number of uni-directional and bi-directional causalities is greater during the crisis than in the pre-crisis period, because of financial contagion. Furthermore, the causality analysis shows that the direction of the Granger cause-effect for the pre-crisis and crisis periods is not invariant in the considered time-scales, and that the causality directions among the studied stock markets do not seem to have a preferential direction. These results are relevant to better understand the behaviour of vulnerable stock markets, especially for investors and policymakers.

  20. Greenhouse Gas and Noxious Emissions from Dual Fuel Diesel and Natural Gas Heavy Goods Vehicles.

    PubMed

    Stettler, Marc E J; Midgley, William J B; Swanson, Jacob J; Cebon, David; Boies, Adam M

    2016-02-16

    Dual fuel diesel and natural gas heavy goods vehicles (HGVs) operate on a combination of the two fuels simultaneously. By substituting diesel for natural gas, vehicle operators can benefit from reduced fuel costs and as natural gas has a lower CO2 intensity compared to diesel, dual fuel HGVs have the potential to reduce greenhouse gas (GHG) emissions from the freight sector. In this study, energy consumption, greenhouse gas and noxious emissions for five after-market dual fuel configurations of two vehicle platforms are compared relative to their diesel-only baseline values over transient and steady state testing. Over a transient cycle, CO2 emissions are reduced by up to 9%; however, methane (CH4) emissions due to incomplete combustion lead to CO2e emissions that are 50-127% higher than the equivalent diesel vehicle. Oxidation catalysts evaluated on the vehicles at steady state reduced CH4 emissions by at most 15% at exhaust gas temperatures representative of transient conditions. This study highlights that control of CH4 emissions and improved control of in-cylinder CH4 combustion are required to reduce total GHG emissions of dual fuel HGVs relative to diesel vehicles.

  1. Natural gas-the missing link in the pricing chain can develop a life of its own

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Symonds, E.

    When deputy treasury secretary R.T. McNamar addressed the May meeting of the National Foreign Trade Council in New York, he assured the assembled oilmen and bankers that further cuts of up to 20% should be expected in world oil prices. The puzzling feature is that the gas prices, which were for so long accused of undermining the oil market, are no longer brought into these discussions. Yet gas is the primary fuel over which governments have traditionally exercised the greatest control, and whose future movements must influence long-term world price levels as well as the near-term market for directly competitivemore » products such as heating and residual oils. On the domestic front, the latest of the gas industry's battle lines have been drawn around the long-lasting distortions of the 1954 ruling that the Federal Power Commission was obligated to devise and enforce as a method of controlling wellhead prices. As intended, gas then entered a long period of interstate sales below equilibrium prices, allowing it to capture one-third of the nation's energy market. But that share has now shrunk to approximately one-quarter of the market. This continuous decline was built into forecaster thinking during the long years of underpriced gas. The general assumption was that the decline in domestic supplies would be unbroken, and that prices would not be high enough to attract significant new supplies of supplemental gas. How far this assumption could be upset by decontrol remains an open question.« less

  2. Comparison of leaf gas exchange and stable isotope signature of water-soluble compounds along canopy gradients of co-occurring Douglas-fir and European beech.

    PubMed

    Bögelein, Rebekka; Hassdenteufel, Martin; Thomas, Frank M; Werner, Willy

    2012-07-01

    Combined δ(13) C and δ(18) O analyses of water-soluble leaf and twig phloem material were used to determine intrinsic water-use efficiency (iWUE) and variability of stomatal conductance at different crown positions in adult European beech (Fagus sylvatica) and Douglas-fir (Pseudotsuga menziesii) trees. Simultaneous gas exchange measurements allowed evaluation of the differences in calculating iWUE from leaf or phloem water-soluble compounds, and comparison with a semi-quantitative dual isotope model to infer variability of net photosynthesis (A(n) ) between the investigated crown positions. Estimates of iWUE from δ(13) C of leaf water-soluble organic matter (WSOM) outperformed the estimates from phloem compounds. In the beech crown, δ(13) C of leaf WSOM coincided clearly with gas exchange measurements. The relationship was not as reliable in the Douglas-fir. The differences in δ(18) O between leaf and phloem material were found to correlate with stomatal conductance. The semi-quantitative model approach was applicable for comparisons of daily average A(n) between different crown positions and trees. Intracanopy gradients were more pronounced in the beech than in the Douglas-fir, which reached higher values of iWUE at the respective positions, particularly under dry air conditions. © 2012 Blackwell Publishing Ltd.

  3. [Academic cell therapy facilities are challenged by European regulation on advanced therapy medicinal products].

    PubMed

    Chabannon, Christian; Sabatier, Florence; Rial-Sebbag, Emmanuelle; Calmels, Boris; Veran, Julie; Magalon, Guy; Lemarie, Claude; Mahalatchimy, Aurélie

    2014-05-01

    Regulation (EC) n° 1394/2007 from the European Parliament and the Council describes a new category of health products termed « Advanced Therapy Medicinal Products » (ATMPs). ATMPs derive from cell engineering, tissue engineering or genetic manipulations, and can in some instances be combined with medical devices. ATMPs are distributed and administered to patients, after biotechnology or pharmaceutical companies have obtained a marketing authorization that is granted by the European Commission on the basis of the European Medicines Agency (EMA) assessment. Seven years after the publication of the regulation, few of these therapies have received a marketing authorization, and even fewer have met commercial success, suggesting that a number of medical and economic issues still need to be sorted out in order to achieve sustainability in this field. The coexistence of three sets of rules for three categories of health products that are biologically and medically related - ATMPs, ATMPs produced under the hospital exemption rule, and cell therapy products (CTPs) (a specific legal category in France) that have long been used in hematopoietic cell transplantation - constitutes a complex regulatory framework. This situation raises significant issues for historical as well as emerging operators in this moving field that are discussed thereafter. © 2014 médecine/sciences – Inserm.

  4. Issues in Energy Economics Led by Emerging Linkages between the Natural Gas and Power Sectors

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Platt, Jeremy B.

    2007-09-15

    Fuel prices in 2006 continued at record levels, with uranium continuing upward unabated and coal, SO{sub 2} emission allowances, and natural gas all softening. This softening did not continue for natural gas, however, whose prices rose, fell and rose again, first following weather influences and, by the second quarter of 2007, continuing at high levels without any support from fundamentals. This article reviews these trends and describes the remarkable increases in fuel expenses for power generation. By the end of 2005, natural gas claimed 55% of annual power sector fuel expenses, even though it was used for only 19% ofmore » electric generation. Although natural gas is enormously important to the power sector, the sector also is an important driver of the natural gas market-growing to over 28% of the market even as total use has declined. The article proceeds to discuss globalization, natural gas price risk, and technology developments. Forces of globalization are poised to affect the energy markets in new ways-new in not being only about oil. Of particular interest in the growth of intermodal traffic and its a little-understood impacts on rail traffic patterns and transportation costs, and expected rapidly expanding LNG imports toward the end of the decade. Two aspects of natural gas price risk are discussed: how understanding the use of gas in the power sector helps define price ceilings and floors for natural gas, and how the recent increase in the natural gas production after years of record drilling could alter the supply-demand balance for the better. The article cautions, however, that escalation in natural gas finding and development costs is countering the more positive developments that emerged during 2006. Regarding technology, the exploitation of unconventional natural gas was one highlight. So too was the queuing up of coal-fired power plants for the post-2010 period, a phenomenon that has come under great pressure with many consequences including

  5. EU marketing authorization review of orphan and non-orphan drugs does not differ.

    PubMed

    Putzeist, M; Mantel-Teeuwisse, A K; Llinares, J; Gispen-De Wied, C C; Hoes, A W; Leufkens, H G M

    2013-10-01

    Marketing authorization application dossiers of 17 orphan drugs (ODs) and 51 non-ODs evaluated by the European Medicines Agency (EMA) in the period 2009-2010 were compared. We aimed to identify whether any differences existed between ODs and non-ODs in number and type of deficits brought forward during the EMA review, regarding the clinical development plan, clinical outcome and medical need and studied whether these deficits were similarly associated with marketing approval in the EU. In 71% of the ODs dossiers and 65% of the non-ODs dossiers marketing approval was granted. Differences in deficits were found, but similarities in the way ODs and non-ODs were reviewed and marketing approval decisions were taken, underline that regulatory standards are equally high. Copyright © 2013 Elsevier Ltd. All rights reserved.

  6. Gas bubble formation in the cytoplasm of a fermenting yeast.

    PubMed

    Swart, Chantel W; Dithebe, Khumisho; Pohl, Carolina H; Swart, Hendrik C; Coetsee, Elizabeth; van Wyk, Pieter W J; Swarts, Jannie C; Lodolo, Elizabeth J; Kock, Johan L F

    2012-11-01

    Current paradigms assume that gas bubbles cannot be formed within yeasts although these workhorses of the baking and brewing industries vigorously produce and release CO(2) gas. We show that yeasts produce gas bubbles that fill a significant part of the cell. The missing link between intracellular CO(2) production by glycolysis and eventual CO(2) release from cells has therefore been resolved. Yeasts may serve as model to study CO(2) behavior under pressurized conditions that may impact on fermentation biotechnology. © 2012 Federation of European Microbiological Societies. Published by Blackwell Publishing Ltd. All rights reserved.

  7. Radiopharmaceuticals 1994. Nil desperandum. European Association of Nuclear Medicine Committees on Radiopharmaceuticals and Positron Emission Tomography.

    PubMed

    Cox, P H; Meyer, G J

    1995-06-01

    On the basis of the discussions at a symposium held in Düsseldorf and attended by representatives of various interested bodies, European legislation as it affects radiopharmaceuticals is reviewed. Due consideration is given to the new, centralised and decentralised, registration procedures, effective since 1 January 1995. The dossier required to support an application for marketing authorisation is discussed, separate consideration being given to single-photon emitters, therapeutic radio-nuclides and positron-emitting radiopharmaceuticals. The role of the European Pharmacopoiea is also considered. It is concluded that the new, modified procedures for the registration of medicinal products in the European Union may actually inhibit free availability of radio-pharmaceuticals within the Community, and that there is a strong case for modification of the European Directives so that radiopharmaceuticals are placed in a separate category to therapeutic drugs, with less stringent registration requirements.

  8. Empirical evaluation of the market price of risk using the CIR model

    NASA Astrophysics Data System (ADS)

    Bernaschi, M.; Torosantucci, L.; Uboldi, A.

    2007-03-01

    We describe a simple but effective method for the estimation of the market price of risk. The basic idea is to compare the results obtained by following two different approaches in the application of the Cox-Ingersoll-Ross (CIR) model. In the first case, we apply the non-linear least squares method to cross sectional data (i.e., all rates of a single day). In the second case, we consider the short rate obtained by means of the first procedure as a proxy of the real market short rate. Starting from this new proxy, we evaluate the parameters of the CIR model by means of martingale estimation techniques. The estimate of the market price of risk is provided by comparing results obtained with these two techniques, since this approach makes possible to isolate the market price of risk and evaluate, under the Local Expectations Hypothesis, the risk premium given by the market for different maturities. As a test case, we apply the method to data of the European Fixed Income Market.

  9. Aerospace applications of mass market MEMS products

    NASA Astrophysics Data System (ADS)

    Bauer, Karin; Kroetz, Gerhard; Schalk, Josef; Mueller, Gerhard

    2002-07-01

    Aerospace applications of MEMS products, originally developed for automotive mass markets, are discussed. Various sensor examples with a high dual use potential are presented: inertial sensing, flow and gas sensing, robust micro sensors including SiC- and GaN-based devices, as well as first approaches towards flexible and distributed microsystems. In Europe the automotive industry is one of the main MEMS market drivers, simply because of the sheer size of this market and Europe's strong position in this industrial field. Main MEMS activities are development and integration of vehicle dynamics sensing systems, passenger safety and navigation systems, air and fuel intake systems, as well as sensor systems for exhaust gas after treatment and climate control. Benefits on the customer side are increased safety, passenger comfort and reduced fuel consumption. Benefits on the manufacturer's side are increased sub-system integration, modularity and reduced production cost. In the future the aerospace industry is likely to benefit from the introduction of micro-systems for the same reasons as the automotive industry. Interests of the aerospace industry are increasing safety and reliability of airplane operation, health and state monitoring of fuselage and airplane subsystems as well as improving service and maintenance procedures. In comparison to automotive applications, the numbers of devices needed is likely to be much smaller, however, new challenges arise in so far as distributed sensing and actuating microsystems will be needed. The idea is to identify and to exploit synergies between automotive mass market MEMS applications and lower-volume aerospace ones. The effort necessary to meet aerospace requirements and the extent of necessary trade-offs in customizing automotive MEMS is addressed considering the above-mentioned examples.

  10. Working towards a European Geological Data Infrastructure

    NASA Astrophysics Data System (ADS)

    van der Krogt, Rob; Hughes, Richard; Pedersen, Mikael; Serrano, Jean-Jacques; Lee, Kathryn A.; Tulstrup, Jørgen; Robida, François

    2013-04-01

    The increasing importance of geological information for policy, regulation and business needs at European and international level has been recognized by the European Parliament and the European Commission, who have called for the development of a common European geological knowledge base. The societal relevance of geoscience data/information is clear from many current issues such as shale gas exploration (including environmental impacts), the availability of critical mineral resources in a global economy, management and security with regard to geohazards (seismic, droughts, floods, ground stability), quality of (ground-)water and soil and societal responses to the impacts of climate change. The EGDI-Scope project responds to this, aiming to prepare an implementation plan for a pan-European Geological Data Infrastructure (EGDI), under the umbrella of the FP7 e- Infrastructures program. It is envisaged that the EGDI will build on geological datasets and models currently held by the European Geological Surveys at national and regional levels, and will also provide a platform for datasets generated by the large number of relevant past, ongoing and future European projects which have geological components. With European policy makers and decision makers from (international) industry as the main target groups (followed by research communities and the general public) stakeholder involvement is imperative to the successful realization and continuity of the EGDI. With these ambitions in mind, the presentation will focus on the following issues, also based on the first results and experiences of the EGDI-Scope project that started mid-2012: • The organization of stakeholder input and commitment connected to relevant 'use cases' within different thematic domains; a number of stakeholder representatives is currently involved, but the project is open to more extensive participation; • A large number of European projects relevant for data delivery to EGDI has been reviewed

  11. The INTERNET and the business of oil and gas

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Erlewine, K.

    1995-12-31

    The INTERNET, from a commercial oil and gas viewpoint, represents a unique medium for distributing information about products and services to potential clients, for establishing contact and communicating with new and existent clients and for providing both technical and marketing support to client-bases. Currently, there are several hurdles to doing business on the INTERNET which are client-driven. Most professionals in oil and gas are extremely busy and don`t have time to navigate the {open_quotes}web{close_quotes}, and the rate of online literacy in oil and gas is relatively low.

  12. Plasticity in gas-exchange physiology of mature Scots pine and European larch drive short- and long-term adjustments to changes in water availability.

    PubMed

    Feichtinger, Linda M; Siegwolf, Rolf T W; Gessler, Arthur; Buchmann, Nina; Lévesque, Mathieu; Rigling, Andreas

    2017-09-01

    Adjustment mechanisms of trees to changes in soil-water availability over long periods are poorly understood, but crucial to improve estimates of forest development in a changing climate. We compared mature trees of Scots pine (Pinus sylvestris) and European larch (Larix decidua) growing along water-permeable channels (irrigated) and under natural conditions (control) at three sites in inner-Alpine dry valleys. At two sites, the irrigation had been stopped in the 1980s. We combined measurements of basal area increment (BAI), tree height and gas-exchange physiology (Δ 13 C) for the period 1970-2009. At one site, the Δ 13 C of irrigated pine trees was higher than that of the control in all years, while at the other sites, it differed in pine and larch only in years with dry climatic conditions. During the first decade after the sudden change in water availability, the BAI and Δ 13 C of originally irrigated pine and larch trees decreased instantly, but subsequently reached higher levels than those of the control by 2009 (15 years afterwards). We found a high plasticity in the gas-exchange physiology of pine and larch and site-specific responses to changes in water availability. Our study highlights the ability of trees to adjust to new conditions, thus showing high resilience. © 2017 John Wiley & Sons Ltd.

  13. Where is industry getting it wrong? A review of quality concerns raised at Day 120 by the Committee For Medicinal Products for Human Use during European Centralised Marketing Authorisation Submissions for Chemical Entity Medicinal Products.

    PubMed

    Borg, John Joseph; Robert, Jean-Louis; Wade, George; Aislaitner, George; Pirozynski, Michal; Abadie, Eric; Salmonson, Tomas; Vella Bonanno, Patricia

    2009-01-01

    The aim of this study was to identify common trends in the deficiencies identified in the quality part of the dossier during the evaluation of marketing authorisation applications for medicinal products for human use submitted through the EU's centralised procedure. We analysed all the adopted Day 120 list of questions on the quality module of 52 marketing authorisation applications for chemical entity medicinal products submitted to the European Medicines Agency and evaluated by the Committee for Medicinal Products for Human Use (CHMP), during 12 consecutive plenary meetings held in 2007 and 2008. Subsequently we calculated the frequency of common deficiencies identified across these applications. Frequencies and trends on quality deficiencies have been recorded and presented for 52 marketing authorisation applications. 32 "Major Objections" originated from 13 marketing authorisation applications. 13 concerned were raised regarding drug substances and 19 for drug products. Furthermore, 905 concerns on drug substance and 1,054 on drug product were also adopted. The impact of the frequencies and trends in quality deficiencies that were identified are discussed from a regulatory point of view. It is expected that the results of this study will not only be of interest to pharmaceutical companies but will also aid regulators' in obtaining consistent information on drug products based on transparent rules safeguarding the necessary pharmaceutical quality of medicinal products.

  14. Patients' rights in a technology and market driven-Europe.

    PubMed

    Abbing, Henriette D C Roscam

    2010-03-01

    This article deals with the impact on patients' rights of medical and technological advances in a market oriented (European) society: what are the advantages and risks, what are the challenges that lay ahead of us? After introducing the subject matter, the first part deals with risks for patients' rights in the European cross border context (health care, direct to the public screening offers and biomedical research). The second part sketches some of the implications of innovation in health care and medical technology for patients' rights to autonomy and private life, particularly when third party interests are involved. The article ends with some suggestions on how best to protect patients' rights in the perspective of innovation in health care and medical research.

  15. Special Features of the Finnish Labour Market and Challenges for Education.

    ERIC Educational Resources Information Center

    Rouhelo, Anne; Ruoholinna, Tarita

    Research synthesized from three studies of the Finnish labor market indicates that a rapidly changing working life in Finland (and the rest of Europe) sets many different challenges for the workforce. In Finland, the population is even more aged than in the other European Union (EU) member states, and the transition of older workers to retirement…

  16. Economic efficiency versus social equality? The U.S. liberal model versus the European social model.

    PubMed

    Navarro, Vicente; Schmitt, John

    2005-01-01

    This article begins by challenging the widely held view in neoliberal discourse that there is a necessary trade-off between higher efficiency and lower reduction of inequalities: the article empirically shows that the liberal, U.S. model has been less efficient economically (slower economic growth, higher unemployment) than the social model in existence in the European Union and in the majority of its member states. Based on the data presented, the authors criticize the adoption of features of the liberal model (such as deregulation of their labor markets, reduction of public social expenditures) by some European governments. The second section analyzes the causes for the slowdown of economic growth and the increase of unemployment in the European Union--that is, the application of monetarist and neoliberal policies in the institutional frame of the European Union, including the Stability Pact, the objectives and modus operandi of the European Central Bank, and the very limited resources available to the European Commission for stimulating and distributive functions. The third section details the reasons for these developments, including (besides historical considerations) the enormous influence of financial capital in the E.U. institutions and the very limited democracy. Proposals for change are included.

  17. Pharmaceutical policies in European countries.

    PubMed

    Barros, Pedro Pita

    2010-01-01

    Pharmaceutical expenditures have an important role in Europe. The attempts to control expenditure have used a wide range of policy measures. We reviewed the main measures adopted by the European Union countries, especially in countries where governments are the largest third-party payers. To complement a literature review on the topic, data was gathered from national reviews of health systems and direct inquiries to several government bodies. Almost all countries regulate prices of pharmaceutical products. Popular policy measures include international referencing to set prices (using as benchmark countries that have set lower prices), internal reference pricing systems to promote price competition in domestic markets, and positive lists for reimbursement to promote consumption of generics (including in some cases substitution by pharmacists of drugs prescribed by physicians). Despite the wide range of policy measures, it is not possible to identify a "silver bullet" to control pharmaceutical expenditures. We also identified two main policy challenges: policy coordination among countries within the European Union to maintain incentives for R&D at the global level, and the development of new relationships with the pharmaceutical industry; namely, the so-called risk-sharing agreements between the pharmaceutical industry and governments/regulators (or large third-party payers).

  18. Regulations applicable to plant food supplements and related products in the European Union.

    PubMed

    Silano, Vittorio; Coppens, Patrick; Larrañaga-Guetaria, Ainhoa; Minghetti, Paola; Roth-Ehrang, René

    2011-12-01

    This paper deals with the current regulatory and legal settings of traditional plant food supplements and herbal medicinal products in the European Union (EU). Marketing of botanicals in foods and food supplements in the EU is subject to several provisions of food law, which cover aspects of safety, production, labelling and product composition, including the use of additives and maximum levels of contaminants and residues. However, due to limited harmonization at the EU level, specific national regulations adopted at a Member State level also apply and mutual recognition is the mechanism through which such products can be marketed in EU countries other than those of origin. Unlike food supplements, marketing of traditional herbal medicinal products is regulated by an ad hoc Directive (i.e. Directive 2004/24/EC) covering in detail all the relevant aspects of these products, including a facilitated registration procedure at national level. However, by distinguishing traditional herbal medicinal products from plant food supplements and establishing selective marketing modalities for these two product categories, the EU has been confronted with implementation difficulties for traditional herbal medicinal products and a lack of homogeneity in the regulatory approaches adopted in different EU Member States. In fact, currently the nature of the commercial botanical products made available to consumers as traditional medicinal products or food supplements, depends largely on the EU Member State under consideration as a consequence of how competent National Authorities and manufacturing companies interpret and apply current regulations rather than on the intrinsic properties of the botanical products and their constituents. When the EU approach is compared with approaches adopted in some non-European countries to regulate these product categories, major differences become evident.

  19. Trueness verification of actual creatinine assays in the European market demonstrates a disappointing variability that needs substantial improvement. An international study in the framework of the EC4 creatinine standardization working group.

    PubMed

    Delanghe, Joris R; Cobbaert, Christa; Galteau, Marie-Madeleine; Harmoinen, Aimo; Jansen, Rob; Kruse, Rolf; Laitinen, Päivi; Thienpont, Linda M; Wuyts, Birgitte; Weykamp, Cas; Panteghini, Mauro

    2008-01-01

    The European In Vitro Diagnostics (IVD) directive requires traceability to reference methods and materials of analytes. It is a task of the profession to verify the trueness of results and IVD compatibility. The results of a trueness verification study by the European Communities Confederation of Clinical Chemistry (EC4) working group on creatinine standardization are described, in which 189 European laboratories analyzed serum creatinine in a commutable serum-based material, using analytical systems from seven companies. Values were targeted using isotope dilution gas chromatography/mass spectrometry. Results were tested on their compliance to a set of three criteria: trueness, i.e., no significant bias relative to the target value, between-laboratory variation and within-laboratory variation relative to the maximum allowable error. For the lower and intermediate level, values differed significantly from the target value in the Jaffe and the dry chemistry methods. At the high level, dry chemistry yielded higher results. Between-laboratory coefficients of variation ranged from 4.37% to 8.74%. Total error budget was mainly consumed by the bias. Non-compensated Jaffe methods largely exceeded the total error budget. Best results were obtained for the enzymatic method. The dry chemistry method consumed a large part of its error budget due to calibration bias. Despite the European IVD directive and the growing needs for creatinine standardization, an unacceptable inter-laboratory variation was observed, which was mainly due to calibration differences. The calibration variation has major clinical consequences, in particular in pediatrics, where reference ranges for serum and plasma creatinine are low, and in the estimation of glomerular filtration rate.

  20. Next market opportunities for phosphoric acid fuel cells

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    McClelland, R.H.

    Key early entry markets for the next step PC25 Model C fuel cell are most likely to include: Premium Quality Power markets such as data centers, communications facilities, and the like; Healthcare Facilities, particularly for nursing homes and hospitals having 300 or more beds, here, the thermal side of a 200 kW fuel cell is an excellent match and some importance is also attached to power quality and reliability; and Auxiliary Electric Power at natural gas compression facilities, such facilities also tend to place a premium on reliability and low maintenance, moreover, the fuel cell`s inherently low emissions can bemore » very important within the northeast Ozone Transport Region. For the fuel cell concept to remain viable, penetration of this class of early entry markets is needed to sustain economic and reliability progress within a goal of moderate production volumes. This can then build the needed bridge to further markets and to other emerging fuel cell technologies.« less

  1. Analysis of the market for a new frozen coal release device

    NASA Technical Reports Server (NTRS)

    Taglio, S.

    1981-01-01

    Conditions that contribute to coal freezing and the costs of frozen coal handling are discussed. The various methods currently used to handle frozen coal are examined and assessed relative to costs, effectiveness, and advantages and disadvantages. A NASA designed gas detonation lance for breaking the ice bonds between frozen coal nuggets is described and illustrated. Market demand for the controlled gas detonation lance is estimated to be at least 10 units.

  2. Food additives used in meat processing according to the Polish and European Union legislation.

    PubMed

    Uradziński, J; Weiner, M

    2003-01-01

    This paper presents the legal regulations related to the use of food additives in meat production in Poland and the European Union. The Polish legal definition of food additives is given as well as the classification of permitted food additives added to food and stimulants by their technological function. In addition, a definition of processing aids in the food industry is included. It shows that Polish legislation includes food additives used to ensure or improve food nutritional value, whereas in the EU legislation, these substances are not included in the list of food additives. Moreover, the Council Directives include food additive specific purity criteria, whereas the Polish regulations do not mention the legal regulations of this issue in practice. The European Union use mechanisms and procedures for the introduction of new food additives into internal markets as well as controlling the circulation of additives. The Polish legislation in practice, however, does not determine approval or methods for the introduction of new food additives to the market. Legal regulations on the monitoring of food additives no exist.

  3. The perspective of European researchers of national occupational safety and health institutes for contributing to a European research agenda: a modified Delphi study.

    PubMed

    Gagliardi, Diana; Rondinone, Bruna M; Mirabile, Marco; Buresti, Giuliana; Ellwood, Peter; Hery, Michel; Paszkiewicz, Peter; Valenti, Antonio; Iavicoli, Sergio

    2017-06-23

    This study, developed within the frame of the Partnership for European Research on Occupational Safety and Health joint research activities and based on the frame designed by the 2013 European Agency for Safety and Health at Work (EU-OSHA) study, is the first example of using the points of view of European occupational safety and health (OSH) researchers.The objective is to identify priorities for OSH research that may contribute to the achievement of present and future sustainable growth objectives set by the European strategies. The study was carried out using a modified Delphi method with a two-round survey. Each round involved a panel of about 110 researchers representing the network member institutes was selected according to specific criteria, including the ownership of research expertise in at least one of the four macroareas identified by the reference report developed by EU-OSHA in 2013. The study identified some innovative research topics (for example, 'Emerging technological devices' and 'OSH consequences of markets integration') and research priorities (ie, crowdsourcing, e-work, zero-hours contract s ) that are not reflected in previous studies of this nature.The absence of any reference to violence and harassment at work among the researchers' proposals is a major difference from previous similar studies, while topics related to gender issues and electromagnetic fields show a lower importance. The innovative design of a research priorities identification process, which takes advantage of a large, representative and qualified panel of European researchers allowed the definition of a number of research priorities able to support the inclusion of innovative OSH research issues in the scope of the next European research agenda. © Article author(s) (or their employer(s) unless otherwise stated in the text of the article) 2017. All rights reserved. No commercial use is permitted unless otherwise expressly granted.

  4. Incentives for methane mitigation and energy-efficiency improvements in the case of Ukraine's natural gas transmission system

    NASA Astrophysics Data System (ADS)

    Roshchanka, Volha; Evans, Meredydd

    2014-06-01

    Reducing methane losses is a concern for climate change policy and energy policy. The energy sector is the major source of anthropogenic methane emissions into the atmosphere in Ukraine. Reducing methane emissions and avoiding combustion can be very cost-effective, but various barriers prevent such energy-efficiency measures from taking place. To date, few examples of industry-wide improvements exist. One example of substantial investments into upgrading natural gas transmission system comes from Ukraine's natural gas transmission company, Ukrtransgaz. The company's investments into system upgrades, along with a 34% fall in throughput, resulted in reduction of Ukrtransgaz system's own consumption of natural gas by 68% in 2011 compared to the level in 2005. Evaluating reductions in methane emissions is challenging because of lack of accurate data and gaps in accounting methodologies. At the same time, Ukraine's transmission system has undergone improvements that, at the very least, have contained methane emissions, if not substantially reduced them. In this paper, we describe recent developments in Ukraine's natural gas transmission system and analyze the incentives that forced the sector to pay close attention to its methane losses. Ukraine is one of the most energy-intensive countries, among the largest natural gas consumers in the world, and a significant emitter of methane. The country is also dependent on imports of natural gas. A combination of several factors has created conditions for successful reductions in methane emissions and combustion. These factors include: an eightfold increase in the price of imported natural gas; comprehensive domestic environmental and energy policies, such as the Laws of Ukraine on Protecting the Natural Environment and on Air Protection; policies aimed at integration with European Union's energy market and accession to the Energy Community Treaty; and the country's participation in international cooperation on environment, such

  5. Monitoring the informational efficiency of European corporate bond markets with dynamical permutation min-entropy

    NASA Astrophysics Data System (ADS)

    Zunino, Luciano; Bariviera, Aurelio F.; Guercio, M. Belén; Martinez, Lisana B.; Rosso, Osvaldo A.

    2016-08-01

    In this paper the permutation min-entropy has been implemented to unveil the presence of temporal structures in the daily values of European corporate bond indices from April 2001 to August 2015. More precisely, the informational efficiency evolution of the prices of fifteen sectorial indices has been carefully studied by estimating this information-theory-derived symbolic tool over a sliding time window. Such a dynamical analysis makes possible to obtain relevant conclusions about the effect that the 2008 credit crisis has had on the different European corporate bond sectors. It is found that the informational efficiency of some sectors, namely banks, financial services, insurance, and basic resources, has been strongly reduced due to the financial crisis whereas another set of sectors, integrated by chemicals, automobiles, media, energy, construction, industrial goods & services, technology, and telecommunications has only suffered a transitory loss of efficiency. Last but not least, the food & beverage, healthcare, and utilities sectors show a behavior close to a random walk practically along all the period of analysis, confirming a remarkable immunity against the 2008 financial crisis.

  6. The influence of the European paediatric regulation on marketing authorisation of orphan drugs for children

    PubMed Central

    2014-01-01

    Background Drug development for rare diseases is challenging, especially when these orphan drugs (OD) are intended for children. In 2007 the EU Paediatric Drug Regulation was enacted to improve the development of high quality and ethically researched medicines for children through the establishment of Paediatric Investigation Plans (PIPs). The effect of the EU Paediatric Drug Regulation on the marketing authorisation (MA) of drugs for children with rare diseases was studied. Methods Data on all designated orphan drugs, their indication, MA, PIPs and indication group (adult or child) were obtained from the European Medicines Agency (EMA). The outcome and duration of the process from orphan drug designation (ODD) to MA, was compared, per indication, by age group. The effect of the Paediatric Drug Regulation, implemented in 2007, on the application process was assessed with survival analysis. Results Eighty-one orphan drugs obtained MA since 2000 and half are authorised for (a subgroup of) children; another 34 are currently undergoing further investigations in children through agreed PIPs. The Paediatric Drug Regulation did not significantly increase the number of ODDs with potential paediatric indications (58% before vs 64% after 2007 of ODDs, p = 0.1) and did not lead to more MAs for ODs with paediatric indications (60% vs 43%, p = 0.22). ODs authorised after 2007 had a longer time to MA than those authorised before 2007 (Hazard ratio (95% CI) 2.80 (1.84-4.28), p < 0.001); potential paediatric use did not influence the time to MA (Hazard ratio (95% CI) 1.14 (0.77-1.70), p = 0.52). Conclusions The EU Paediatric Drug Regulation had a minor impact on development and availability of ODs for children, was associated with a longer time to MA, but ensured the further paediatric development of drugs still off-label to children. The impact of the Paediatric Drug Regulation on research quantity and quality in children through PIPs is not yet clear. PMID

  7. The influence of the European paediatric regulation on marketing authorisation of orphan drugs for children.

    PubMed

    Kreeftmeijer-Vegter, Annemarie Rosan; de Boer, Anthonius; van der Vlugt-Meijer, Roselinda H; de Vries, Peter J

    2014-08-05

    Drug development for rare diseases is challenging, especially when these orphan drugs (OD) are intended for children. In 2007 the EU Paediatric Drug Regulation was enacted to improve the development of high quality and ethically researched medicines for children through the establishment of Paediatric Investigation Plans (PIPs). The effect of the EU Paediatric Drug Regulation on the marketing authorisation (MA) of drugs for children with rare diseases was studied. Data on all designated orphan drugs, their indication, MA, PIPs and indication group (adult or child) were obtained from the European Medicines Agency (EMA). The outcome and duration of the process from orphan drug designation (ODD) to MA, was compared, per indication, by age group. The effect of the Paediatric Drug Regulation, implemented in 2007, on the application process was assessed with survival analysis. Eighty-one orphan drugs obtained MA since 2000 and half are authorised for (a subgroup of) children; another 34 are currently undergoing further investigations in children through agreed PIPs. The Paediatric Drug Regulation did not significantly increase the number of ODDs with potential paediatric indications (58% before vs 64% after 2007 of ODDs, p = 0.1) and did not lead to more MAs for ODs with paediatric indications (60% vs 43%, p = 0.22). ODs authorised after 2007 had a longer time to MA than those authorised before 2007 (Hazard ratio (95% CI) 2.80 (1.84-4.28), p < 0.001); potential paediatric use did not influence the time to MA (Hazard ratio (95% CI) 1.14 (0.77-1.70), p = 0.52). The EU Paediatric Drug Regulation had a minor impact on development and availability of ODs for children, was associated with a longer time to MA, but ensured the further paediatric development of drugs still off-label to children. The impact of the Paediatric Drug Regulation on research quantity and quality in children through PIPs is not yet clear.

  8. Natural Gas Pipeline and System Expansions

    EIA Publications

    1997-01-01

    This special report examines recent expansions to the North American natural gas pipeline network and the nature and type of proposed pipeline projects announced or approved for construction during the next several years in the United States. It includes those projects in Canada and Mexico that tie in with U.S. markets or projects.

  9. Delay and restricted access of new molecules in Turkey compared to the United States and European Union.

    PubMed

    Şahin, Toros; Yeşil, Atakan; Topcu, Türker

    2013-01-01

    This study compares the performances of new-molecule (NM) launches in Turkey with those in the European Union and United States for the years 2007-2013. The Thomson Reuters Newport Horizon for Innovators Database is used to identify NMs with a launch date after January 1, 2007, worldwide and marketing authorization approval after January 1, 2007, in the European Union. The launch dates for the European Union, the United States, and Turkey were retrieved from the same database. Data for Turkey were confirmed via IMS and RxMedia. Out of 183 records identified that are launched in the European Union, the United States, or both, 44 of the NMs are launched in Turkey (24%). The results of this study show that 24% of the NMs that are launched in either the European Union or United States were able to be launched in Turkey with a mean delay of 821 days (2.25 years).

  10. EU effect: Exporting emission standards for vehicles through the global market economy.

    PubMed

    Crippa, M; Janssens-Maenhout, G; Guizzardi, D; Galmarini, S

    2016-12-01

    Emission data from EDGAR (Emissions Database for Global Atmospheric Research), rather than economic data, are used to estimate the effect of policies and of the global exports of policy-regulated goods, such as vehicles, on global emissions. The results clearly show that the adoption of emission standards for the road transport sector in the two main global markets (Europe and North America) has led to the global proliferation of emission-regulated vehicles through exports, regardless the domestic regulation in the country of destination. It is in fact more economically convenient for vehicle manufacturers to produce and sell a standard product to the widest possible market and in the greatest possible amounts. The EU effect (European Union effect) is introduced as a global counterpart to the California effect. The former is a direct consequence of the penetration of the EURO standards in the global markets by European and Japanese manufacturers, which effectively export the standard worldwide. We analyze the effect on PM 2.5 emissions by comparing a scenario of non-EURO standards against the current estimates provided by EDGAR. We find that PM 2.5 emissions were reduced by more than 60% since the 1990s worldwide. Similar investigations on other pollutants confirm the hypothesis that the combined effect of technological regulations and their diffusion through global markets can also produce a positive effect on the global environment. While we acknowledge the positive feedback, we also demonstrate that current efforts and standards will be totally insufficient should the passenger car fleets in emerging markets reach Western per capita figures. If emerging countries reach the per capita vehicle number of the USA and Europe under current technological conditions, then the world will suffer pre-1990 emission levels. Copyright © 2016 Elsevier Ltd. All rights reserved.

  11. Analysis of Medicine Prices in New Zealand and 16 European Countries.

    PubMed

    Vogler, Sabine; Kilpatrick, Kate; Babar, Zaheer-Ud-Din

    2015-06-01

    To compare prices of medicines, both originators and generics, in New Zealand and 16 European countries. Ex-factory price data as of December 2012 from New Zealand and 16 European countries were compared for a basket of 14 medicines, most of which were at least partially funded by the state in the 17 countries. Five medicines had, at least in some countries, generic versions on the market whose prices were also analyzed. Medicine price data for the 16 European countries were provided by the Pharma Price Information service. New Zealand medicine prices were retrieved from the New Zealand Pharmaceutical Schedule. Unit prices converted into euro were compared at the ex-factory price level. For the 14 medicines surveyed, considerable price differences at the ex-factory price level were identified. Within the European countries, prices in Greece, Portugal, the United Kingdom, and Spain ranked at the lower end, whereas prices in Switzerland, Germany, Denmark, and Sweden were at the upper end. The results for New Zealand compared with Europe were variable. New Zealand prices were found in the lowest quartile for five medicines and in the highest quartile for seven other products. Price differences between the originator products and generic versions ranged from 0% to 90% depending on the medicine and the country. Medicine prices varied considerably between European countries and New Zealand as well as among the European countries. These differences are likely to result from national pricing and reimbursement policies. Copyright © 2015 International Society for Pharmacoeconomics and Outcomes Research (ISPOR). Published by Elsevier Inc. All rights reserved.

  12. 77 FR 61895 - Electricity Market Transparency Provisions of Section 220 of the Federal Power Act

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-10-11

    ... rate authority and an ex post analysis of whether a seller with market-based rate authority has... Commission in performing ex post analyses to determine whether a seller with market-based rate authority has... Order Nos. 720 and 720-A, whereby the Commission required major intrastate natural gas pipelines to post...

  13. Emissions impacts of wind and energy storage in a market environment.

    PubMed

    Sioshansi, Ramteen

    2011-12-15

    This study examines the emissions impacts of adding wind and energy storage to a market-based electric power system. Using Texas as a case study, we demonstrate that market power can greatly effect the emissions benefits of wind, due to most of the coal-fired generation being owned by the two dominant firms. Wind tends to have less emissions benefits when generators exercise market power, since coal-fired generation is withheld from the market and wind displaces natural gas-fired generators. We also show that storage can have greater negative emissions impacts in the presence of wind than if only storage is added to the system. This is due to wind increasing on- and off-peak electricity price differences, which increases the amount that storage and coal-fired generation are used. We demonstrate that this effect is exacerbated by market power.

  14. Hydrogen Energy Storage (HES) and Power-to-Gas Economic Analysis; NREL (National Renewable Energy Laboratory)

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Eichman, Joshua

    This presentation summarizes opportunities for hydrogen energy storage and power-to-gas and presents the results of a market analysis performed by the National Renewable Energy Laboratory to quantify the value of energy storage. Hydrogen energy storage and power-to-gas systems have the ability to integrate multiple energy sectors including electricity, transportation, and industrial. On account of the flexibility of hydrogen systems, there are a variety of potential system configurations. Each configuration will provide different value to the owner, customers and grid system operator. This presentation provides an economic comparison of hydrogen storage, power-to-gas and conventional storage systems. The total cost is comparedmore » to the revenue with participation in a variety of markets to assess the economic competitiveness. It is found that the sale of hydrogen for transportation or industrial use greatly increases competitiveness. Electrolyzers operating as demand response devices (i.e., selling hydrogen and grid services) are economically competitive, while hydrogen storage that inputs electricity and outputs only electricity have an unfavorable business case. Additionally, tighter integration with the grid provides greater revenue (e.g., energy, ancillary service and capacity markets are explored). Lastly, additional hours of storage capacity is not necessarily more competitive in current energy and ancillary service markets and electricity markets will require new mechanisms to appropriately compensate long duration storage devices.« less

  15. Mercury, Fatty Acids Content and Lipid Quality Indexes in Muscles of Freshwater and Marine Fish on the Polish Market. Risk Assessment of Fish Consumption.

    PubMed

    Łuczyńska, Joanna; Paszczyk, Beata; Nowosad, Joanna; Łuczyński, Marek Jan

    2017-09-25

    Mercury content and fatty acids in muscles of Perca fluviatilis L. (European perch), Leuciscus idus L. (ide), Cyprinus carpio L. (European or common carp), Oncorhynchus mykiss Walb. (rainbow trout), Platichthys flesus L. (European flounder). and Clupea harengus L. (bream) from the Polish market were investigated. The total mercury was processed with AAS. The fatty acids were analyzed by gas chromatography. The concentration of mercury in muscles varied from 0.006 to 0.138 mg/kg and decreased as follows: perch ≈ ide > flounder > herring ≈ bream ≈ rainbow trout > carp ( p ≤ 0.05). There were only significant positive correlations between body weight and mercury content in muscle tissue of carp (r = 0.878), flounder (r = 0.925) and herring (r = 0.982) ( p ≤ 0.05). The atherogenic index (AI), thrombogenicity index (TI) and flesh-lipid quality index (FLQ) were calculated as follows 0.33-0.70 (IA), 0.16-0.31 (IT) and 13.01-33.22 (FLQ). Hypocholesterolemic (OFA) and hypercholesterolemic fatty acids (DFA) in muscles of fish ranged from 18.26 to 23.01 and from 73.91 to 78.46, respectively. In most cases, there were not significant correlations between size (body weight and total length) and fatty acids in the muscles of the examined fish ( p > 0.05). The Target Hazard Quotient (THQ) values were below 1, which shows that there is no non-carcinogenic health risk to the consumer by consuming the examined fish.

  16. Mercury, Fatty Acids Content and Lipid Quality Indexes in Muscles of Freshwater and Marine Fish on the Polish Market. Risk Assessment of Fish Consumption

    PubMed Central

    Łuczyńska, Joanna; Paszczyk, Beata; Nowosad, Joanna; Łuczyński, Marek Jan

    2017-01-01

    Mercury content and fatty acids in muscles of Perca fluviatilis L. (European perch), Leuciscus idus L. (ide), Cyprinus carpio L. (European or common carp), Oncorhynchus mykiss Walb. (rainbow trout), Platichthys flesus L. (European flounder). and Clupea harengus L. (bream) from the Polish market were investigated. The total mercury was processed with AAS. The fatty acids were analyzed by gas chromatography. The concentration of mercury in muscles varied from 0.006 to 0.138 mg/kg and decreased as follows: perch ≈ ide > flounder > herring ≈ bream ≈ rainbow trout > carp (p ≤ 0.05). There were only significant positive correlations between body weight and mercury content in muscle tissue of carp (r = 0.878), flounder (r = 0.925) and herring (r = 0.982) (p ≤ 0.05). The atherogenic index (AI), thrombogenicity index (TI) and flesh-lipid quality index (FLQ) were calculated as follows 0.33–0.70 (IA), 0.16–0.31 (IT) and 13.01–33.22 (FLQ). Hypocholesterolemic (OFA) and hypercholesterolemic fatty acids (DFA) in muscles of fish ranged from 18.26 to 23.01 and from 73.91 to 78.46, respectively. In most cases, there were not significant correlations between size (body weight and total length) and fatty acids in the muscles of the examined fish (p > 0.05). The Target Hazard Quotient (THQ) values were below 1, which shows that there is no non-carcinogenic health risk to the consumer by consuming the examined fish. PMID:28946712

  17. [Regulation of food supplements in the European Union and its member states. Part I].

    PubMed

    Petrenko, A S; Ponomareva, M N; Sukhanov, B P

    2014-01-01

    The article discusses aspects of the regional (the European Union) and national (European countries) regulation of food supplements. The definition of the supplement category is given. The contemporary issues of nutrition in developed countries are discussed, and the essential role of food supplements in the diet is emphasized. In particular, the use of vitamins, minerals, botanicals and their chemical constituents in food supplements as well as the issue of setting maximum daily limits are discussed. The positive lists of vitamins, minerals and their chemical modifications are presented. The paper also outlines aspects of supplement safety, requirements for their labelling and pre-market notification procedure.

  18. Convergence of natural gas and electricity industries means change, opportunity for producers in the U. S

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Dar, V.K.

    1995-03-13

    The accelerating deregulation of natural gas and electricity distribution is the third and most powerful wave of energy deregulation coursing through North America. The first wave (1978--92) provided the impetus for sculpting competitive markets in energy production. The second (1986--95) is now breaking to fashion competitive bulk logistical and wholesale consumption markets through open access on and unbundling of gas pipeline and storage capacity and high voltage transmission capacity. The third wave, the deregulation of gas and electric retail markets through open access and nondiscriminatory, unbundled local gas and electric distribution tariffs, began in the early 1990s. It will gathermore » momentum for the next 5 years and crest at the turn of the century, affecting and molding almost $300 billion/year in retail energy sales. The transformation will have these strategic implications: (1) the convergent evolution of the gas and electric industries; (2) severe margin compression along the energy value chain from wellhead to busbar to the distribution pipes and wires; and (3) the rapid emergency of cyberspace retailing of energy products and services. The paper discusses merchant plants, convergence and producers, capital flows, producer federations, issues of scale, and demand, margins, and value.« less

  19. Natural Gas Imports and Exports. Third Quarter Report 1999

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    none

    1999-10-01

    The second quarter 1997 Quarterly Report of Natural Gas Imports and Exports featured a Quarterly Focus report on cross-border natural gas trade between the United States and Mexico. This Quarterly Focus article is a follow-up to the 1997 report. This report revisits and updates the status of some of the pipeline projects discussed in 1997, and examines a number of other planned cross-border pipeline facilities which were proposed subsequent to our 1997 report. A few of the existing and proposed pipelines are bidirectional and thus have the capability of serving either Mexico, or the United States, depending on market conditionsmore » and gas supply availability. These new projects, if completed, would greatly enhance the pipeline infrastructure on the U.S.-Mexico border and would increase gas pipeline throughput capacity for cross-border trade by more than 1 billion cubic feet (Bcf) per day. The Quarterly Focus is comprised of five sections. Section I includes the introduction as well as a brief historic overview of U.S./Mexican natural gas trade; a discussion of Mexico's energy regulatory structure; and a review of trade agreements and a 1992 legislative change which allows for her cross-border gas trade in North America. Section II looks at initiatives that have been taken by the Mexican Government since 1995to open its energy markets to greater competition and privatization. Section III reviews Mexican gas demand forecasts and looks at future opportunities for U.S. gas producers to supplement Mexico's indigenous supplies in order to meet the anticipated rapid growth in demand. Section IV examines the U.S.-Mexico natural gas trade in recent years. It also looks specifically at monthly import and export volumes and prices and identifies short-term trends in this trade. Finally, Section V reviews the existing and planned cross-border gas pipeline infrastructure. The section also specifically describes six planned pipelines intended to expand this pipeline network

  20. European Pharmaceutical Pricing and Reimbursement--SMi's 21st Annual Meeting (October 5-6, 2015--London, UK).

    PubMed

    Kibble, A; D'Souza, P

    2015-10-01

    Translating perceived market value for pharmaceutical products into a willingness to pay remains the key factor in ensuring market access and return on investment. How price is managed in the context of new market entrants or new approval settings can create complex challenges, and further complexity is added through diverse global reimbursement structures and the myriad of stakeholders involved at every step of value identification. SMi's 21st Annual Meeting on European Pricing and Reimbursement presented a program focused on the measures being taken by European healthcare systems as they seek to facilitate access to the latest treatments while delivering value for payers and patients. Supporting patient access to life-changing medicines is a challenge, and funders are responding in many different ways; however, while the pharma industry continues to focus its efforts on high cost drugs that treat diseases of the few, the disconnect will be not be resolved. The speakers and delegates at the annual meeting believe success is possible by focusing on value for patients, driven by provider experience, scale and learning. Instead of simply lowering costs, companies, providers and payers can more adequately contribute to the goals of funders as well as the treatment needs of patients. Copyright 2015 Prous Science, S.A.U. or its licensors. All rights reserved.

  1. Mexican demand for US natural gas

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Kanter, M.A.; Kier, P.H.

    1993-09-01

    This study describes the Mexican natural gas industry as it exists today and the factors that have shaped the evolution of the industry in the past or that are expected to influence its progress; it also projects production and use of natural gas and estimates the market for exports of natural gas from the United States to Mexico. The study looks ahead to two periods, a near term (1993--1995) and an intermediate term (1996--2000). The bases for estimates under two scenarios are described. Under the conservative scenario, exports of natural gas from the United States would decrease from the 1992more » level of 250 million cubic feet per day (MMCF/d), would return to that level by 1995, and would reach about 980 MMCF/D by 2000. Under the more optimistic scenario, exports would decrease in 1993 and would recover and rise to about 360 MMCF/D in 1995 and to 1,920 MMCF/D in 2000.« less

  2. Quantifying the negative impact of brain drain on the integration of European science

    PubMed Central

    Doria Arrieta, Omar A.; Pammolli, Fabio; Petersen, Alexander M.

    2017-01-01

    The 2004/2007 European Union (EU) enlargement by 12 member states offers a unique opportunity to quantify the impact of EU efforts to expand and integrate the scientific competitiveness of the European Research Area (ERA). We apply two causal estimation schemes to cross-border collaboration data extracted from millions of academic publications from 1996 to 2012, which are disaggregated across 14 subject areas and 32 European countries. Our results illustrate the unintended consequences following the 2004/2007 enlargement, namely, its negative impact on cross-border collaboration in science. First, we use the synthetic control method to show that levels of European cross-border collaboration would have been higher without EU enlargement, despite the 2004/2007 EU entrants gaining access to EU resources incentivizing cross-border integration. Second, we implement a difference-in-difference panel regression, incorporating official intra-European high-skilled mobility statistics, to identify migration imbalance—principally from entrant to incumbent EU member states—as a major factor underlying the divergence in cross-border integration between Western and Eastern Europe. These results challenge central tenets underlying ERA integration policies that unifying labor markets will increase the international competitiveness of the ERA, thereby calling attention to the need for effective home-return incentives and policies. PMID:28439544

  3. Quantifying the negative impact of brain drain on the integration of European science.

    PubMed

    Doria Arrieta, Omar A; Pammolli, Fabio; Petersen, Alexander M

    2017-04-01

    The 2004/2007 European Union (EU) enlargement by 12 member states offers a unique opportunity to quantify the impact of EU efforts to expand and integrate the scientific competitiveness of the European Research Area (ERA). We apply two causal estimation schemes to cross-border collaboration data extracted from millions of academic publications from 1996 to 2012, which are disaggregated across 14 subject areas and 32 European countries. Our results illustrate the unintended consequences following the 2004/2007 enlargement, namely, its negative impact on cross-border collaboration in science. First, we use the synthetic control method to show that levels of European cross-border collaboration would have been higher without EU enlargement, despite the 2004/2007 EU entrants gaining access to EU resources incentivizing cross-border integration. Second, we implement a difference-in-difference panel regression, incorporating official intra-European high-skilled mobility statistics, to identify migration imbalance-principally from entrant to incumbent EU member states-as a major factor underlying the divergence in cross-border integration between Western and Eastern Europe. These results challenge central tenets underlying ERA integration policies that unifying labor markets will increase the international competitiveness of the ERA, thereby calling attention to the need for effective home-return incentives and policies.

  4. Evidence of waste electrical and electronic equipment (WEEE) relevant substances in polymeric food-contact articles sold on the European market

    PubMed Central

    Puype, Franky; Samsonek, Jiří; Knoop, Jan; Egelkraut-Holtus, Marion; Ortlieb, Markus

    2015-01-01

    In order to confirm the possibility that recycled fractions from the waste electrical and electronic equipment (WEEE) stream were illegally entering the European market in black polymeric food-contact articles (FCAs), bromine quantification, brominated flame retardant (BFR) identification combined with WEEE-relevant elemental analysis and polymer impurity analysis were performed. From the 10 selected FCAs, seven samples contained a bromine level ranging from 57 to 5975 mg kg− 1, which is lower than expected to achieve flame retardancy. The BFRs that were present were tetrabromobisphenol A (TBBPA), decabromodiphenylether (decaBDE), decabromodiphenylethane (DBDPE) and 1,2-bis(2,4,6-tribromophenoxy)ethane (BTBPE). Typical elements used in electronic equipment and present in WEEE were detected either at trace level or at elevated concentrations. In all cases when bromine was detected at higher concentrations, concurrently antimony was also detected, which confirms the synergetic use of antimony in combination with BFRs. This study describes also the measurement of rare earth elements where combinations of cerium, dysprosium, lanthanum, neodymium, praseodymium and yttrium were detected in four of the seven BFR-positive samples. Additionally, polymer purity was investigated where in all cases foreign polymer fractions were detected. Despite the fact that this study was carried out on a very small amount of samples, there is a significant likelihood that WEEE has been used for the production of FCAs. PMID:25599136

  5. Shale Gas in Europe: pragmatic perspectives and actions

    NASA Astrophysics Data System (ADS)

    Hübner, A.; Horsfield, B.; Kapp, I.

    2012-10-01

    Natural gas will continue to play a key role in the EU's energy mix in the coming years, with unconventional gas' role increasing in importance as new resources are exploited worldwide. As far as Europe's own shale gas resources are concerned, it is especially the public's perception and level of acceptance that will make or break shale gas in the near-term. Both the pros and cons need to be discussed based on factual argument rather than speculation. Research organizations such as ours (GFZ German Research Centre for Geosciences) have an active and defining role to play in remedying this deficiency. As far as science and technology developments are concerned, the project "Gas Shales in Europe" (GASH) and the shale gas activities of "GeoEnergie" (GeoEn) are the first major initiatives in Europe focused on shale gas. Basic and applied geoscientific research is conducted to understand the fundamental nature and interdependencies of the processes leading to shale gas formation. When it comes to knowledge transfer, the perceived and real risks associated with shale gas exploitation need immediate evaluation in Europe using scientific analysis. To proactively target these issues, the GFZ and partners are launching the European sustainable Operating Practices (E-SOP) Initiative for Unconventional Resources. The web-based Shale Gas Information Platform (SHIP) brings these issues into the public domain.

  6. Multiscale Detrended Cross-Correlation Analysis of STOCK Markets

    NASA Astrophysics Data System (ADS)

    Yin, Yi; Shang, Pengjian

    2014-06-01

    In this paper, we employ the detrended cross-correlation analysis (DCCA) to investigate the cross-correlations between different stock markets. We report the results of cross-correlated behaviors in US, Chinese and European stock markets in period 1997-2012 by using DCCA method. The DCCA shows the cross-correlated behaviors of intra-regional and inter-regional stock markets in the short and long term which display the similarities and differences of cross-correlated behaviors simply and roughly and the persistence of cross-correlated behaviors of fluctuations. Then, because of the limitation and inapplicability of DCCA method, we propose multiscale detrended cross-correlation analysis (MSDCCA) method to avoid "a priori" selecting the ranges of scales over which two coefficients of the classical DCCA method are identified, and employ MSDCCA to reanalyze these cross-correlations to exhibit some important details such as the existence and position of minimum, maximum and bimodal distribution which are lost if the scale structure is described by two coefficients only and essential differences and similarities in the scale structures of cross-correlation of intra-regional and inter-regional markets. More statistical characteristics of cross-correlation obtained by MSDCCA method help us to understand how two different stock markets influence each other and to analyze the influence from thus two inter-regional markets on the cross-correlation in detail, thus we get a richer and more detailed knowledge of the complex evolutions of dynamics of the cross-correlations between stock markets. The application of MSDCCA is important to promote our understanding of the internal mechanisms and structures of financial markets and helps to forecast the stock indices based on our current results demonstrated the cross-correlations between stock indices. We also discuss the MSDCCA methods of secant rolling window with different sizes and, lastly, provide some relevant implications and

  7. Entangling Credit and Funding Shocks in Interbank Markets

    PubMed Central

    Serri, Matteo

    2016-01-01

    Credit and liquidity shocks represent main channels of financial contagion for interbank lending markets. On one hand, banks face potential losses whenever their counterparties are under distress and thus unable to fulfill their obligations. On the other hand, solvency constraints may force banks to recover lost fundings by selling their illiquid assets, resulting in effective losses in the presence of fire sales—that is, when funding shortcomings are widespread over the market. Because of the complex structure of the network of interbank exposures, these losses reverberate among banks and eventually get amplified, with potentially catastrophic consequences for the whole financial system. Inspired by the recently proposed Debt Rank, in this work we define a systemic risk metric that estimates the potential amplification of losses in interbank markets accounting for both credit and liquidity contagion channels: the Debt-Solvency Rank. We implement this framework on a dataset of 183 European banks that were publicly traded between 2004 and 2013, showing indeed that liquidity spillovers substantially increase systemic risk, and thus cannot be neglected in stress-test scenarios. We also provide additional evidence that the interbank market was extremely fragile up to the global financial crisis, becoming slightly more robust only afterwards. PMID:27560513

  8. Entangling Credit and Funding Shocks in Interbank Markets.

    PubMed

    Cimini, Giulio; Serri, Matteo

    2016-01-01

    Credit and liquidity shocks represent main channels of financial contagion for interbank lending markets. On one hand, banks face potential losses whenever their counterparties are under distress and thus unable to fulfill their obligations. On the other hand, solvency constraints may force banks to recover lost fundings by selling their illiquid assets, resulting in effective losses in the presence of fire sales-that is, when funding shortcomings are widespread over the market. Because of the complex structure of the network of interbank exposures, these losses reverberate among banks and eventually get amplified, with potentially catastrophic consequences for the whole financial system. Inspired by the recently proposed Debt Rank, in this work we define a systemic risk metric that estimates the potential amplification of losses in interbank markets accounting for both credit and liquidity contagion channels: the Debt-Solvency Rank. We implement this framework on a dataset of 183 European banks that were publicly traded between 2004 and 2013, showing indeed that liquidity spillovers substantially increase systemic risk, and thus cannot be neglected in stress-test scenarios. We also provide additional evidence that the interbank market was extremely fragile up to the global financial crisis, becoming slightly more robust only afterwards.

  9. New Generation of Broadcasting Satellite Systems: New Markets and Business Developments

    NASA Astrophysics Data System (ADS)

    Perrot, Bruno; Michel, Cyril; Villaret, Stéfanie

    2002-01-01

    Since the deployment of the first Digital Broadcasting Satellite Systems, European satellite operators and service providers have been faced with the continuously increasing demand for Digital Broadcasting Services. Their success is built on the availability of the MPEG and DVB standards. Undoubtedly, conventional digital television broadcasting is today the `Killer' application. Various service providers already offer multimedia applications through DVB-S systems based upon the `Push' technology. Although these services do not currently represent the core business for broadcasting satellite operators, their percentage is increasing. `Push' technology services include Data Carousel, Webcasting, Turbo Internet, File casting and so on. Such technology can support the implementation of different emerging multimedia services scenarios from Newsgroups, Network collaborative learning, and tele-medicine, to others that may be invented in the near future. The penetration rate of multi-channel television reception is still increasing. Broadcasting satellites benefit both from the development of new, more segmented and sophisticated offers and from the development of Internet services. Satellite is likely to enter these new markets at different levels of the value chain: Even if the satellite has demonstrated its capacity to fully serve the television, combinations with other networks may be necessary to address the new markets: at the consumer premises, Internet-related services will require a return path; at the backbone level, satellite becomes a component of a full telecommunications solution. This article focuses on the European market and proposes:

  10. European MEMS foundries

    NASA Astrophysics Data System (ADS)

    Salomon, Patric R.

    2003-01-01

    According to the latest release of the NEXUS market study, the market for MEMS or Microsystems Technology (MST) is predicted to grow to $68B by the year 2005, with systems containing these components generating even higher revenues and growth. The latest advances in MST/MEMS technology have enabled the design of a new generation of microsystems that are smaller, cheaper, more reliable, and consume less power. These integrated systems bring together numerous analog/mixed signal microelectronics blocks and MEMS functions on a single chip or on two or more chips assembled within an integrated package. In spite of all these advances in technology and manufacturing, a system manufacturer either faces a substantial up-front R&D investment to create his own infrastructure and expertise, or he can use design and foundry services to get the initial product into the marketplace fast and with an affordable investment. Once he has a viable product, he can still think about his own manufacturing efforts and investments to obtain an optimized high volume manufacturing for the specific product. One of the barriers to successful exploitation of MEMS/MST technology has been the lack of access to industrial foundries capable of producing certified microsystems devices in commercial quantities, including packaging and test. This paper discusses Multi-project wafer (MPW) runs, requirements for foundries and gives some examples of foundry business models. Furthermore, this paper will give an overview on MST/MEMS services that are available in Europe, including pure commercial activities, European project activities (e.g. Europractice), and some academic services.

  11. Effects of bioenergy production on European nature conservation options

    NASA Astrophysics Data System (ADS)

    Schleupner, C.; Schneider, U. A.

    2009-04-01

    To increase security of energy supply and reduce greenhouse gas (GHG) emissions the European Commission set out a long-term strategy for renewable energy in the European Union (EU). Bioenergy from forestry and agriculture plays a key role for both. Since the last decade a significant increase of biomass energy plantations has been observed in Europe. Concurrently, the EU agreed to halt the loss of biodiversity within its member states. One measure is the Natura2000 network of important nature sites that actually covers about 20% of the EU land surface. However, to fulfil the biodiversity target more nature conservation and restoration sites need to be designated. There are arising concerns that an increased cultivation of bioenergy crops will decrease the land available for nature reserves and for "traditional" agriculture and forestry. In the following the economic and ecological impacts of structural land use changes are demonstrated by two examples. First, a case study of land use changes on the Eiderstedt peninsula in Schleswig-Holstein/Germany evaluates the impacts of grassland conversion into bioenergy plantations under consideration of selected meadow birds. Scenarios indicate not only a quantitative loss of habitats but also a reduction of habitat quality. The second study assesses the role of bioenergy production in light of possible negative impacts on potential wetland conservation sites in Europe. By coupling the spatial wetland distribution model "SWEDI" (cf. SCHLEUPNER 2007) to the European Forest and Agricultural Sector Optimization Model (EUFASOM; cf. SCHNEIDER ET AL. 2008) economic and environmental aspects of land use are evaluated simultaneously. This way the costs and benefits of the appropriate measures and its consequences for agriculture and forestry are investigated. One aim is to find the socially optimal balance between alternative wetland uses by integrating biological benefits - in this case wetlands - and economic opportunities - here

  12. Drug testing in Europe: monitoring results of the Trans European Drug Information (TEDI) project.

    PubMed

    Brunt, Tibor M; Nagy, Constanze; Bücheli, Alexander; Martins, Daniel; Ugarte, Miren; Beduwe, Cécile; Ventura Vilamala, Mireia

    2017-02-01

    Drug testing is a harm reduction strategy that has been adopted by certain countries in Europe. Drug users are able to hand in their drugs voluntarily for chemical analysis of composition and dose. Drug users will be alerted about dangerous test results by the drug testing systems directly and through warning campaigns. An international collaborative effort was launched to combine data of drug testing systems, called the Trans European Drug Information (TEDI) project. Drug testing systems of Spain, Switzerland, Belgium, Austria, Portugal, and the Netherlands participated in this project. This study presents results of some of the main illicit drugs encountered: cocaine, ecstasy and amphetamine and also comments on new psychoactive substances (NPS) detected between 2008 and 2013. A total of 45 859 different drug samples were analyzed by TEDI. The drug markets of the distinct European areas showed similarities, but also some interesting differences. For instance, purity of cocaine and amphetamine powders was generally low in Austria, whilst high in Spain and the Netherlands. And the market for ecstasy showed a contrast: whereas in the Netherlands and Switzerland there was predominantly a market for ecstasy tablets, in Portugal and Spain MDMA (3,4-methylenedioxymethamphetamine) crystals were much more prevalent. Also, some NPS appearing in ecstasy seemed more specific for one country than another. In general, prevalence of NPS clearly increased between 2008 and 2013. Drug testing can be used to generate a global picture of drug markets and provides information about the pharmacological contents of drugs for the population at risk. Copyright © 2016 John Wiley & Sons, Ltd. Copyright © 2016 John Wiley & Sons, Ltd.

  13. School Choice Research in Five European Countries: The Circulation of Stephen Ball's Concepts and Interpretations

    ERIC Educational Resources Information Center

    van Zanten, Agnès; Kosunen, Sonja

    2013-01-01

    This article analyzes the influence of Stephen Ball's work on research on markets and school choice in five European countries (Finland, France, Norway, Spain, and Sweden). The main focus is on the intellectual circulation of ideas, but the authors also take into account the relationship between ideas and social and political changes, as well as…

  14. The European New Car Assessment Programme: A historical review.

    PubMed

    van Ratingen, Michiel; Williams, Aled; Lie, Anders; Seeck, Andre; Castaing, Pierre; Kolke, Reinhard; Adriaenssens, Guido; Miller, Andrew

    2016-04-01

    Established in 1997, the European New Car Assessment Programme (Euro NCAP) provides consumers with a safety performance assessment for the majority of the most popular cars in Europe. Thanks to its rigorous crash tests, Euro NCAP has rapidly become an important driver safety improvement to new cars. After ten years of rating vehicles, Euro NCAP felt that a change was necessary to stay in tune with rapidly emerging driver assistance and crash avoidance systems and to respond to shifting priorities in road safety. A new overall rating system was introduced that combines the most important aspects of vehicle safety under a single star rating. The overall rating system has allowed Euro NCAP to continue to push for better fitment and higher performance for vehicles sold on the European market. In the coming years, the safety rating is expected to play an important role in the support of the roll-out of highly automated vehicles.

  15. Beyond ESOL? Assessing the Propensity of East European Migrant Workers to Undertake Further and Higher Education

    ERIC Educational Resources Information Center

    French, Steve

    2012-01-01

    This article analyses the labour market participation of east Europeans living and working in East Staffordshire and Derby. It is based upon research which examines the qualifications and occupations of these migrant workers and which also seeks to ascertain their future intentions in respect of settlement, and the propensity to undertake…

  16. Solution of time fractional Black-Scholes European option pricing equation arising in financial market

    NASA Astrophysics Data System (ADS)

    Ravi Kanth, A. S. V.; Aruna, K.

    2016-12-01

    In this paper, we present fractional differential transform method (FDTM) and modified fractional differential transform method (MFDTM) for the solution of time fractional Black-Scholes European option pricing equation. The method finds the solution without any discretization, transformation, or restrictive assumptions with the use of appropriate initial or boundary conditions. The efficiency and exactitude of the proposed methods are tested by means of three examples.

  17. Changing the Game?: Emissions and Market Implications of New Natural Gas Supplies

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Huntington, Hillard G.

    This study evaluates the channels through which shale formations and new natural gas supplies can change energy, economic and environmental opportunities within North America. It concludes that continued shale gas development within North America is likely to have more sweeping impacts on future energy prices than on the economy or the environment. This evaluation was conducted by a working group of 50 experts and advisors from a range of diverse universities, research institutes, corporations and government agencies. Support for the study’s conclusions came from 14 different expert teams using their own energy-economy models.

  18. CO₂ emission mitigation and fossil fuel markets: Dynamic and international aspects of climate policies

    DOE PAGES

    Bauer, Nico; Bosetti, Valentina; Hamdi-Cherif, Meriem; ...

    2015-01-01

    This paper explores a multi-model scenario ensemble to assess the impacts of idealized and non-idealized climate change stabilization policies on fossil fuel markets. Under idealized conditions climate policies significantly reduce coal use in the short- and long-term. Reductions in oil and gas use are much smaller, particularly until 2030, but revenues decrease much more because oil and gas prices are higher than coal prices. A first deviation from optimal transition pathways is delayed action that relaxes global emission targets until 2030 in accordance with the Copenhagen pledges. Fossil fuel markets revert back to the no-policy case: though coal use increasesmore » strongest, revenue gains are higher for oil and gas. To balance the carbon budget over the 21st century, the long-term reallocation of fossil fuels is significantly larger—twice and more—than the short-term distortion. This amplifying effect results from coal lock-in and inter-fuel substitution effects to balance the full-century carbon budget. The second deviation from the optimal transition pathway relaxes the global participation assumption. The result here is less clear-cut across models, as we find carbon leakage effects ranging from positive to negative because trade and substitution patterns of coal, oil, and gas differ across models. In summary, distortions of fossil fuel markets resulting from relaxed short-term global emission targets are more important and less uncertain than the issue of carbon leakage from early mover action.« less

  19. CO₂ emission mitigation and fossil fuel markets: Dynamic and international aspects of climate policies

    DOE Office of Scientific and Technical Information (OSTI.GOV)

    Bauer, Nico; Bosetti, Valentina; Hamdi-Cherif, Meriem

    This paper explores a multi-model scenario ensemble to assess the impacts of idealized and non-idealized climate change stabilization policies on fossil fuel markets. Under idealized conditions climate policies significantly reduce coal use in the short- and long-term. Reductions in oil and gas use are much smaller, particularly until 2030, but revenues decrease much more because oil and gas prices are higher than coal prices. A first deviation from optimal transition pathways is delayed action that relaxes global emission targets until 2030 in accordance with the Copenhagen pledges. Fossil fuel markets revert back to the no-policy case: though coal use increasesmore » strongest, revenue gains are higher for oil and gas. To balance the carbon budget over the 21st century, the long-term reallocation of fossil fuels is significantly larger—twice and more—than the short-term distortion. This amplifying effect results from coal lock-in and inter-fuel substitution effects to balance the full-century carbon budget. The second deviation from the optimal transition pathway relaxes the global participation assumption. The result here is less clear-cut across models, as we find carbon leakage effects ranging from positive to negative because trade and substitution patterns of coal, oil, and gas differ across models. In summary, distortions of fossil fuel markets resulting from relaxed short-term global emission targets are more important and less uncertain than the issue of carbon leakage from early mover action.« less

  20. A historical analysis of natural gas demand

    NASA Astrophysics Data System (ADS)

    Dalbec, Nathan Richard

    This thesis analyzes demand in the US energy market for natural gas, oil, and coal over the period of 1918-2013 and examines their price relationship over the period of 2007-2013. Diagnostic tests for time series were used; Augmented Dickey-Fuller, Kwiatkowski-Phillips-Schmidt-Shin, Johansen cointegration, Granger Causality and weak exogeneity tests. Directed acyclic graphs were used as a complimentary test for endogeneity. Due to the varied results in determining endogeneity, a seemingly unrelated regression model was used which assumes all right hand side variables in the three demand equations were exogenous. A number of factors were significant in determining demand for natural gas including its own price, lagged demand, a number of structural break dummies, and trend, while oil indicate some substitutability with natural gas. An error correction model was used to examine the price relationships. Natural gas price was found not to have a significant cointegrating vector.