The aim of this paper is to discuss the hedging techniques that a company based in an emerging market country can use to hedge the risk associated with jet fuel or kerosene. The company can be an airline company or a market intermediary offering contracts on this important commodity. An empirical analysis reveals two main directions for minimum risk hedging: one is to cross-hedge directly the c...

Due to energy shortage and global warming, issues of energy saving have become more important. To increase the energy efficiency and reduce the fuel consumption, waste heat recovery is a significant method for energy saving. The organic Rankine cycle (ORC) has great potential to recover the waste heat from the core jet exhaust of a turbofan engine and use it to produce power. Preliminary study ...

This paper analyzes alternative jet fuels in terms of how they could change emissions from military and civil aircraft and in terms of the challenges in meeting future energy goals. Estimations of the continental United States (CONUS) conventional jet fuel energy usage for the civil and military aviation fleets were used to inform the magnitude and logistics of where the fuels would be needed. ...

BACKGROUND Alcohol-to-jet (ATJ) is one of the technical feasible biofuel technologies. It produces jet fuel from sugary, starchy, and lignocellulosic biomass, such as sugarcane, corn grain, and switchgrass, via fermentation of sugars to ethanol or other alcohols. This study assesses the ATJ biofuel production pathway for these three biomass feedstocks, and advances existing techno-economic anal...

Direct injection Diesel-style engines emit solid-phase carbonaceous particulate matter (i.e. soot) at levels that negatively impact both climate change and personal health. Although advances in injection technology have increased atomization and mixing of the injected fuel jet, which reduces local equivalence ratios and decreases soot formation, aftertreatment is still required. This in turn ha...

Energy intensive industries, such as the bulk chemical industry, are facing major challenges and adopting strategies to face these challenges. This paper investigates options for clusters of chemical process plants to decrease their energy and emission footprints. There is a wide range of technologies and process integration opportunities available for achieving these objectives, including (i) ...