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Article
Publication date: 3 April 2023

Jesús Molina-Muñoz, Andrés Mora–Valencia, Javier Perote and Santiago Rodríguez-Raga

This paper aims to analyze the volatility transmission between an energy stock index and a financial stock index in emerging markets during recent high instability periods. The…

Abstract

Purpose

This paper aims to analyze the volatility transmission between an energy stock index and a financial stock index in emerging markets during recent high instability periods. The study considers the impact of both the period under analysis and the data frequency on the direction and intensity of the contagion, as well as the effect of the potential spillovers on the risk measures. These questions still lack definitive answers and have become more relevant in a context of financially unsettling events such as COVID-19 crises.

Design/methodology/approach

This study employs an extension of the dynamic conditional correlation (DCC) model that allows for the time-varying dependence relationship between the variables. This dependence is analyzed at daily, weekly and monthly basis using data from the Bloomberg platform on energy and stock market indices for emerging markets between 2001 and 2021.

Findings

The results for a sample spanning from 2001 to mid-2021 show bidirectional volatility transmission on a daily basis, whereas only evidence of volatility transmission from the financial to the energy exists for weekly and monthly frequencies. However, considering different subsamples of daily data, the authors only find volatility transmission from financial (energy) index to the energy (financial) during the Great Recession (COVID-19) as a consequence of the different source of the shock and transmission channels.

Originality/value

This study reveals that volatility transmission between energy and stocks in emerging markets has changed and presents a unidirectional pattern from energy to financial markets during the COVID-19 period in contrast to calm and the sub-prime crisis intervals. These results differ from previous studies, focused on global markets, that show bidirectional spillovers during this period.

Details

International Journal of Emerging Markets, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1746-8809

Keywords

Article
Publication date: 19 May 2022

Priyanka Kumari Bhansali, Dilendra Hiran and Kamal Gulati

The purpose of this paper is to secure health data collection and transmission (SHDCT). In this system, a native network consists of portable smart devices that interact with…

Abstract

Purpose

The purpose of this paper is to secure health data collection and transmission (SHDCT). In this system, a native network consists of portable smart devices that interact with multiple gateways. It entails IoMT devices and wearables connecting to exchange sensitive data with a sensor node which performs the aggeration process and then communicates the data using a Fog server. If the aggregator sensor loses the connection from the Fog server, it will be unable to submit data directly to the Fog server. The node transmits encrypted information with a neighboring sensor and sends it to the Fog server integrated with federated learning, which encrypts data to the existing data. The fog server performs the operations on the measured data, and the values are stored in the local storage area and later it is updated to the cloud server.

Design/methodology/approach

SHDCT uses an Internet-of-things (IoT)-based monitoring network, making it possible for smart devices to connect and interact with each other. The main purpose of the monitoring network has been in the collection of biological data and additional information from mobile devices to the patients. The monitoring network is composed of three different types of smart devices that is at the heart of the IoT.

Findings

It has been addressed in this work how to design an architecture for safe data aggregation in heterogeneous IoT-federated learning-enabled wireless sensor networks (WSNs), which makes use of basic encoding and data aggregation methods to achieve this. The authors suggest that the small gateway node (SGN) captures all of the sensed data from the SD and uses a simple, lightweight encoding scheme and cryptographic techniques to convey the data to the gateway node (GWN). The GWN gets all of the medical data from SGN and ensures that the data is accurate and up to date. If the data obtained is trustworthy, then the medical data should be aggregated and sent to the Fog server for further processing. The Java programming language simulates and analyzes the proposed SHDCT model for deployment and message initiation. When comparing the SHDCT scheme to the SPPDA and electrohydrodynamic atomisation (EHDA) schemes, the results show that the SHDCT method performs significantly better. When compared with the SPPDA and EHDA schemes, the suggested SHDCT plan necessitates a lower communication cost. In comparison to EHDA and SPPDA, SHDCT achieves 4.72% and 13.59% less, respectively. When compared to other transmission techniques, SHDCT has a higher transmission ratio. When compared with EHDA and SPPDA, SHDCT achieves 8.47% and 24.41% higher transmission ratios, respectively. When compared with other ways it uses less electricity. When compared with EHDA and SPPDA, SHDCT achieves 5.85% and 18.86% greater residual energy, respectively.

Originality/value

In the health care sector, a series of interconnected medical devices collect data using IoT networks in the health care domain. Preventive, predictive, personalized and participatory care is becoming increasingly popular in the health care sector. Safe data collection and transfer to a centralized server is a challenging scenario. This study presents a mechanism for SHDCT. The mechanism consists of Smart healthcare IoT devices working on federated learning that link up with one another to exchange health data. Health data is sensitive and needs to be exchanged securely and efficiently. In the mechanism, the sensing devices send data to a SGN. This SGN uses a lightweight encoding scheme and performs cryptography techniques to communicate the data with the GWN. The GWN gets all the health data from the SGN and makes it possible to confirm that the data is validated. If the received data is reliable, then aggregate the medical data and transmit it to the Fog server for further process. The performance parameters are compared with the other systems in terms of communication costs, transmission ratio and energy use.

Details

International Journal of Pervasive Computing and Communications, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1742-7371

Keywords

Article
Publication date: 24 April 2024

Garima Nema and Karunamurthy K.

This study aims to provide an alternative adoption to overcome the energy crisis and environmental effluence by comparative theoretical and trial testing analysis of an innovative…

Abstract

Purpose

This study aims to provide an alternative adoption to overcome the energy crisis and environmental effluence by comparative theoretical and trial testing analysis of an innovative combined condenser unit over traditional individual condenser unit water heating systems.

Design/methodology/approach

The presented innovative new unit of the combined condenser heat pipe works efficiently through its improved idea and unique design, providing uniform heating to improve the heat transfer and, finally, the temperature of water increases without enhancing the cost. In this design, all these five evaporator units were connected with a single combined condenser unit in such a manner that after the condensation of heat transfer fluid vapour, it goes equally into the evaporator pipe.

Findings

The maximum temperature of hot water obtained from the combined condenser heating system was 60.6, 55.5 and 50.3°C at a water flow rate of 0.001, 0.002 and 0.003 kg/s, respectively. The first and second law thermodynamic efficiency of the combined condenser heating system were 55.4%, 60.5% and 89.0% and 2.6%, 3.7% and 4.1% at 0.001, 0.002 and 0.003 kg/s of water flow rates, respectively. The combined condenser heat pipe solar evacuated tube heating system promoting progressive performance is considered efficient and environment-friendly compared to the traditional condenser unit water heating system.

Originality/value

Innovative combined condenser heat pipe evacuated tube collector assembly was designed and developed for the study. A comparative theoretical and experimental energy-exergy performance analysis was performed of innovated collective condenser and traditional individual condenser heat pipe water heating system at various mass flow rate.

Details

World Journal of Engineering, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1708-5284

Keywords

Article
Publication date: 19 February 2024

Alexandre Coussa, Philippe Gugler and Jonathan Reidy

The purpose of this paper is to develop a comprehensive overview of green innovation (GI) in China, which is carried out by reviewing the evolution of GI from 2000 to 2019, and…

Abstract

Purpose

The purpose of this paper is to develop a comprehensive overview of green innovation (GI) in China, which is carried out by reviewing the evolution of GI from 2000 to 2019, and the main type of technology, actors and localizations. When appropriate, GI is compared to non-GI.

Design/methodology/approach

The study uses patent data from the European Patent Office database (PATSTAT); these data are processed to map trends and identify the main contributors to GI and the location of such innovation. The findings are then discussed and complemented with academic literature.

Findings

Key findings reveal an increasing divergence between GI and nongreen innovation after the 2008 crisis. It is also observed that solar energy appears to be the main component of GI in China, with a shift from photovoltaic thermal energy to solar photovoltaic energy after 2008. Other areas, such as waste management, greenhouse gases capture and climate change adaptation, are less innovative. Companies play an essential role in the development of all types of innovation. In terms of location, green patents are mainly filed in China’s three main megacities. The study also highlights the significant role of the Chinese state, which led policies shaping the trajectories and forms of GI.

Originality/value

This study expands knowledge on GI in China, highlighting its main specificities and the role of key actors. It provides to the reader a comprehensive picture of China’s green policies and innovation realities. The results can therefore be used to improve the understanding of GI evolution in China and facilitate the formulation of new research questions.

Details

International Journal of Emerging Markets, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1746-8809

Keywords

Open Access
Article
Publication date: 15 March 2024

Anis Jarboui, Emna Mnif, Nahed Zghidi and Zied Akrout

In an era marked by heightened geopolitical uncertainties, such as international conflicts and economic instability, the dynamics of energy markets assume paramount importance…

Abstract

Purpose

In an era marked by heightened geopolitical uncertainties, such as international conflicts and economic instability, the dynamics of energy markets assume paramount importance. Our study delves into this complex backdrop, focusing on the intricate interplay the between traditional and emerging energy sectors.

Design/methodology/approach

This study analyzes the interconnections among green financial assets, renewable energy markets, the geopolitical risk index and cryptocurrency carbon emissions from December 19, 2017 to February 15, 2023. We investigate these relationships using a novel time-frequency connectedness approach and machine learning methodology.

Findings

Our findings reveal that green energy stocks, except the PBW, exhibit the highest net transmission of volatility, followed by COAL. In contrast, CARBON emerges as the primary net recipient of volatility, followed by fuel energy assets. The frequency decomposition results also indicate that the long-term components serve as the primary source of directional volatility spillover, suggesting that volatility transmission among green stocks and energy assets tends to occur over a more extended period. The SHapley additive exPlanations (SHAP) results show that the green and fuel energy markets are negatively connected with geopolitical risks (GPRs). The results obtained through the SHAP analysis confirm the novel time-varying parameter vector autoregressive (TVP-VAR) frequency connectedness findings. The CARBON and PBW markets consistently experience spillover shocks from other markets in short and long-term horizons. The role of crude oil as a receiver or transmitter of shocks varies over time.

Originality/value

Green financial assets and clean energy play significant roles in the financial markets and reduce geopolitical risk. Our study employs a time-frequency connectedness approach to assess the interconnections among four markets' families: fuel, renewable energy, green stocks and carbon markets. We utilize the novel TVP-VAR approach, which allows for flexibility and enables us to measure net pairwise connectedness in both short and long-term horizons.

Details

Arab Gulf Journal of Scientific Research, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1985-9899

Keywords

Article
Publication date: 15 March 2024

Obed Ofori Yemoh, Richard Opoku, Gabriel Takyi, Ernest Kwadwo Adomako, Felix Uba and George Obeng

This study has assessed the thermal performance of locally fabricated bio-based building envelopes made of coconut and corn husk composite bricks to reduce building wall heat…

Abstract

Purpose

This study has assessed the thermal performance of locally fabricated bio-based building envelopes made of coconut and corn husk composite bricks to reduce building wall heat transmission load and energy consumption towards green building adaptation.

Design/methodology/approach

Samples of coconut fiber (coir) and corn husk fiber bricks were fabricated and tested for their thermophysical properties using the Transient Plane Source (TPS) 2500s instrument. A simulation was conducted using Dynamic Energy Response of Building - Lunds Tekniska Hogskola (DEROB-LTH) to determine indoor temperature variation over 24 h. The time lag and decrement factor, two important parameters in evaluating building envelopes, were also determined.

Findings

The time lag of the bio-based composite building envelope was found to be in the range of 4.2–4.6 h for 100 mm thickness block and 10.64–11.5 h for 200 mm thickness block. The decrement factor was also determined to be in the range of 0.87–0.88. The bio-based composite building envelopes were able to maintain the indoor temperature of the model from 25.4 to 27.4 °C, providing a closely stable indoor thermal comfort despite varying outdoor temperatures. The temperature variation in 24 h, was very stable for about 8 h before a degree increment, providing a comfortable indoor temperature for occupants and the need not to rely on air conditions and other mechanical forms of cooling. Potential energy savings also peaked at 529.14 kWh per year.

Practical implications

The findings of this study present opportunities to building developers and engineers in terms of selecting vernacular materials for building envelopes towards green building adaptation, energy savings, reduced construction costs and job creation.

Originality/value

This study presents for the first time, time lag and decrement factor for bio-based composite building envelopes for green building adaptation in hot climates, as found in Ghana.

Details

International Journal of Building Pathology and Adaptation, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2398-4708

Keywords

Open Access
Article
Publication date: 5 February 2024

Oluwadamilola Esan, Nnamdi I. Nwulu, Love Opeyemi David and Omoseni Adepoju

This study aims to investigate the impact of the 2013 privatization of Nigeria’s energy sector on the technical performance of the Benin Electricity Distribution Company (BEDC…

Abstract

Purpose

This study aims to investigate the impact of the 2013 privatization of Nigeria’s energy sector on the technical performance of the Benin Electricity Distribution Company (BEDC) and its workforce.

Design/methodology/approach

This study used a questionnaire-based approach, and 196 participants were randomly selected. Analytical tools included standard deviation, Spearman rank correlation and regression analysis.

Findings

Before privatization, the energy sector, managed by the power holding company of Nigeria, suffered from inefficiencies in fault detection, response and billing. However, privatization improved resource utilization, replaced outdated transformers and increased operational efficiency. However, in spite of these improvements, BEDC faces challenges, including unstable voltage generation and inadequate staff welfare. This study also highlighted a lack of experience among the trained workforce in emerging electricity technologies such as the smart grid.

Research limitations/implications

This study’s focus on BEDC may limit its generalizability to other energy companies. It does not delve into energy sector privatization’s broader economic and policy implications.

Practical implications

The positive outcomes of privatization, such as improved resource utilization and infrastructure investment, emphasize the potential benefits of private ownership and management. However, voltage generation stability and staff welfare challenges call for targeted interventions. Recommendations include investing in voltage generation enhancement, smart grid infrastructure and implementing measures to enhance employee well-being through benefit plans.

Social implications

Energy sector enhancements hold positive social implications, uplifting living standards and bolstering electricity access for households and businesses.

Originality/value

This study contributes unique insights into privatization’s effects on BEDC, offering perspectives on preprivatization challenges and advancements. Practical recommendations aid BEDC and policymakers in boosting electricity distribution firms’ performance within the privatization context.

Details

International Journal of Energy Sector Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1750-6220

Keywords

Article
Publication date: 15 August 2023

Zul-Atfi Ismail

At the beginning of the Corona Virus Disease 2019 (COVID-19) pandemic, a digitalized construction environments surfaced in the heating, ventilation and air conditioning (HVAC…

Abstract

Purpose

At the beginning of the Corona Virus Disease 2019 (COVID-19) pandemic, a digitalized construction environments surfaced in the heating, ventilation and air conditioning (HVAC) systems in the form of a modern delivery system called demand controlled ventilation (DCV). Demand controlled ventilation has the potential to solve the building ventilation's biggest problem of managing indoor air quality (IAQ) for controlling COVID-19 transmission in indoor environments. However, the improper evaluation and information management of infection prevention on dense crowd activities such as measurement errors and volatile organic compound (VOC) generation failure rates, is fragmented so the aim of this research is to integrate this and explore potentials with machine learning algorithms (MLAs).

Design/methodology/approach

The method used is a thorough systematic literature review (SLR) approach. The results of this research consist of a detailed description of the DCV system and digitalized construction process of its IAQ elements.

Findings

The discussion revealed that DCV has a potential for being further integrated by perceiving it as a MLAs and hereby enabling the management of IAQ level from the perspective of health risk function mechanism (i.e. VOC and CO2) for maintaining a comfortable thermal environment and save energy of public and private buildings (PPBs). The appropriate MLA can also be selected in different occupancy patterns for seasonal variations, ventilation behavior, building type and locations, as well as current indoor air pollution control strategies. Furthermore, the conceptual framework showed that MLA application such as algorithm design/Model Predictive Control (MPC) integration can alleviate the high spread limitation of COVID-19 in the indoor environment.

Originality/value

Finally, the research concludes that a large unexploited potential within integration and innovation is recognized in the DCV system and MLAs which can be improved to optimize level of IAQ from the perspective of health throughout the building sector DCV process systems. The requirements of CO2 based DCV along with VOC concentrations monitoring practice should be taken into consideration through further research and experience with adaption and implementation from the ventilation control initial stage of the DCV process.

Details

Open House International, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0168-2601

Keywords

Article
Publication date: 20 September 2022

Robin Cyriac and Saleem Durai M.A.

Routing protocol for low-power lossy network (RPL) being the de facto routing protocol used by low power lossy networks needs to provide adequate routing service to mobile nodes…

Abstract

Purpose

Routing protocol for low-power lossy network (RPL) being the de facto routing protocol used by low power lossy networks needs to provide adequate routing service to mobile nodes (MNs) in the network. As RPL is designed to work under constraint power requirements, its route updating frequency is not sufficient for MNs in the network. The purpose of this study is to ensure that MNs enjoy seamless connection throughout the network with minimal handover delay.

Design/methodology/approach

This study proposes a load balancing mobility aware secure hybrid – RPL in which static node (SN) identifies route using metrics like expected transmission count, and path delay and parent selection are further refined by working on remaining energy for identifying the primary route and queue availability for secondary route maintenance. MNs identify route with the help of smart timers and by using received signal strength indicator sampling of parent and neighbor nodes. In this work, MNs are also secured against rank attack in RPL.

Findings

This model produces favorable result in terms of packet delivery ratio, delay, energy consumption and number of living nodes in the network when compared with different RPL protocols with mobility support. The proposed model reduces packet retransmission in the network by a large margin by providing load balancing to SNs and seamless connection to MNs.

Originality/value

In this work, a novel algorithm was developed to provide seamless handover for MNs in network. Suitable technique was developed to provide load balancing to SNs in network by maintaining appropriate secondary route.

Details

International Journal of Pervasive Computing and Communications, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1742-7371

Keywords

Article
Publication date: 26 January 2024

Opeoluwa Adeniyi Adeosun, Suhaib Anagreh, Mosab I. Tabash and Xuan Vinh Vo

This paper aims to examine the return and volatility transmission among economic policy uncertainty (EPU), geopolitical risk (GPR), their interaction (EPGR) and five tradable…

Abstract

Purpose

This paper aims to examine the return and volatility transmission among economic policy uncertainty (EPU), geopolitical risk (GPR), their interaction (EPGR) and five tradable precious metals: gold, silver, platinum, palladium and rhodium.

Design/methodology/approach

Applying time-varying parameter vector autoregression (TVP-VAR) frequency-based connectedness approach to a data set spanning from January 1997 to February 2023, the study analyzes return and volatility connectedness separately, providing insights into how the data, in return and volatility forms, differ across time and frequency.

Findings

The results of the return connectedness show that gold, palladium and silver are affected more by EPU in the short term, while all precious metals are influenced by GPR in the short term. EPGR exhibits strong contributions to the system due to its elevated levels of policy uncertainty and extreme global risks. Palladium shows the highest reaction to EPGR, while silver shows the lowest. Return spillovers are generally time-varying and spike during critical global events. The volatility connectedness is long-term driven, suggesting that uncertainty and risk factors influence market participants’ long-term expectations. Notable peaks in total connectedness occurred during the Global Financial Crisis and the COVID-19 pandemic, with the latter being the highest.

Originality/value

Using the recently updated news-based uncertainty indicators, the study examines the time and frequency connectedness between key uncertainty measures and precious metals in their returns and volatility forms using the TVP-VAR frequency-based connectedness approach.

Details

Studies in Economics and Finance, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1086-7376

Keywords

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