The development of floating liquefied natural gas (FLNG) plants has resulted in a focus on reducing the weight and size of the topside processing facilities for these units. The conventional fractionation of natural gas liquids (NGL) in LNG plants implies a direct sequence of three or more conventional distillation columns requiring different levels of refrigeration. The results of a feasibilit...

Electrochemical capacitors and lithium-ion batteries have seen little change in their electrolyte chemistry since their commercialization, which has limited improvements in device performance. Combining superior physical and chemical properties and a high dielectric-fluidity factor, the use of electrolytes based on solvent systems that exclusively use components that are typically gaseous under...

A simulator environment to study and understand capacity auction has been developed based on the online web simulator econport. The goods to auction are unloading rights for ships that transport liquefied natural gas (LNG) into harbours. Experiments have been carried out at a company that will participate in the future capacity market. The efficiency of the auctions both for the auctioneer and ...

Structural changes in the European natural gas market such as liberalization, increasing domestic demand, and increasing import dependency have triggered new attempts to model these markets accurately. In this paper, we propose an exhaustive model of the European natural gas supply including the possibility of strategic behaviour of the agents along the value-added chain. We structure it as a t...

In order to analyze the changing rules of temperature and pressure of the gas-liquid coupled field of LPG (Liquefied Petroleum Gas) tank under fire, the application of the wavelet finite element method on it is studied in depth. First, the research achievements of thermodynamics response of the LPG tank under fire and the wavelet finite element theory is summarized. Second the temperature-press...

The valuation of the real option to store liquefied natural gas (LNG) at the downstream terminal of an LNG value chain is an important problem in practice. As the exact valuation of this real option is computationally intractable, we develop a novel and tractable heuristic model for its strategic valuation that integrates models of LNG shipping, natural gas price evolution, and inventory contro...