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Ebook Energy Security Master Plan - Liquid Fuels
Submitted by puput on Tue, 03/02/2010 - 03:27In discussing the concept of energy security, it is important to understand that it encompasses a complex wave of policy understanding. It requires the understanding of energy demand, energy supply, national and international relationships. It also requires looking at energy in an integrated manner because of competition amongst various forms of primary energy sources and different energy carriers. It is easier for most economies to view energy security from one dimension, which is mainly supply focused. However energy security has many facets. And energy security can be achieved in the short and long term only if it is viewed strategically from different perspectives. Such perspectives range from the understanding and selection of appropriate industrial & development strategies, growth strategies, spatial layout plans, transport strategies, standards, technologies, partners and energy supply options amongst others.
Despite the complexity and level of development of a country’s economy, lack of energy could lead to stagnation, slowing down or total collapse thereof. Recent experiences with blackouts, brownouts and fuel shortages in South Africa and abroad have shown the vulnerability of world economies to energy shortages. Most of the common and affordable energy supply options have serious “side effects,” for instance uncharacteristic climate changes are being attributed to the dependency on hydrocarbons for energy supply. In considering energy security it is therefore necessary to investigate ways of mitigating against climate change as well as understanding and adapting to climate changes.
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Ebook Market Liquidity and Stock Size Premia in Emerging Financial Markets: The Implications for Foreign Investment
Submitted by puput on Fri, 03/05/2010 - 02:10Equity markets are increasingly seen as important sources of investment funds in many emerging economies. Furthermore, many countries see the development of such markets as a means to facilitate both foreign equity portfolio investment and foreign direct investment (FDI). This may occur through acquisition of shareholdings in domestic companies, which supplements the low levels of funding from domestic savings. But many emerging stock markets exhibit substantial risk premia that increases the cost of equity for listed domestic firms and deters potential foreign investors.
This paper estimates the cost of equity in four major African markets that represent the largest and most developed equity markets in Africa and which act as regional hub markets. Johannesburg dominates the Southern African Development Community (SADC), Kenya is at the centre of the East African Union, and Egypt (the Cairo and Alexandria Stock Exchanges) leads the North Africa and Maghreb region. Morocco (the Bourse de Casablanca) is included as this is the only other major equity market in North Africa. Other markets have been omitted because of their very small size and severe illiquidity. All four markets have attracted interest from international investors and multinational enterprises.
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Free Ebook Electronic structure and bonding in energy storage materials
Submitted by antoq on Sun, 11/09/2008 - 02:00
LixNi0.5Mn0.5O2 and LixNi1/3Mn1/3Co1/3O2 are cathode materials in Li-ion batteries. The changes in their electronic structure during charging/discharging processes were studied by using electron energy loss spectrometry (EELS) in a transmission electron microscope (TEM) and first-principles calculations. Significant growth was observed at O K-edge upon the removal of lithium, indicating a depletion of O 2p electrons.
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