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Economic performance of solar energy systems financed with green bonds in New Jersey

Peng et al. | Jan 22, 2025

Economic performance of solar energy systems financed with green bonds in New Jersey
Image credit: Peng and Peng 2025

Global reliance on extractive energy sources has many downsides, among which are inconsistent supply and consequent price volatility that distress companies and consumers. It is unclear if renewable energy offers stable and affordable solutions to extractive energy sources. The cost of solar energy generation has decreased sharply in recent years, prompting a surge of installations with a range of financing options. Even so, most existing options require upfront payment, making installation inaccessible for towns with limited financial resources. The primary objective of our research is to examine the use of green bonds to finance solar energy systems, as they eliminate the need for upfront capital and enable repayment through revenue generated over time. We hypothesized that if we modeled the usage of green bonds to finance the installation of a solar energy system in New Jersey, then the revenue generated over the system’s lifetime would be enough to repay the bond. After modeling the financial performance of a proposed solar energy-producing carport in Madison, New Jersey, financed with green bonds, we found that revenue from solar energy systems successfully covered the annual green bond payments and enabled the installers to obtain over 50% of the income for themselves. Our research demonstrated green bonds as a promising option for New Jersey towns with limited financial resources seeking to install solar energy systems, thereby breaking down a financial barrier.

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The Effect of Radiant Energy on Radish Seed Germination

Simon et al. | Jul 06, 2018

The Effect of Radiant Energy on Radish Seed Germination

Simon and colleagues test how exposure to microwaves affect radish seed germination, either microwaving seeds for ninety seconds or four minutes prior to planting. Surprisingly, the authors found that seeds microwaved for four minutes exhibited 150% increased germination as compared to controls. The authors hypothesize that breakdown of the radish seed coat when exposed to heat may allow seedlings to sprout more efficiently.

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Automated dynamic lighting control system to reduce energy consumption in daylight

Jagannathan et al. | Jun 17, 2024

Automated dynamic lighting control system to reduce energy consumption in daylight
Image credit: Jagannathan and Mehrotra 2024

Buildings, which are responsible for the majority of electricity consumption in cities like Dubai, are often exclusively reliant on electrical lighting even in the presence of daylight to meet the illumination requirements of the building. This inefficient use of lighting creates potential to further optimize the energy efficiency of buildings by complementing natural light with electrical lighting. Prior research has mostly used ballasts (variable resistors) to regulate the brightness of bulbs. There has been limited research pertaining to the use of pulse width modulation (PWM) and the use of ‘triodes for alternating current’ (TRIACs). PWM and TRIACs rapidly stop and restart the flow of current to the bulb thus saving energy whilst maintaining a constant illumination level of a space. We conducted experiments to investigate the feasibility of using TRIACs and PWM in regulating the brightness of bulbs. We also established the relationship between power and brightness within the experimental setups. Our results indicate that lighting systems can be regulated through these alternate methods and that there is potential to save up to 16% of energy used without affecting the overall lighting of a given space. Since most energy used in buildings is still produced through fossil fuels, energy savings from lighting systems could contribute towards a lower carbon footprint. Our study provides an innovative solution to conserve light energy in buildings during daytime.

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Impact of carbon number and atom number on cc-pVTZ Hartree-Fock Energy and program runtime of alkanes

Pan et al. | Mar 06, 2024

Impact of carbon number and atom number on cc-pVTZ Hartree-Fock Energy and program runtime of alkanes
Image credit: The authors

It's time-consuming to complete the calculations that are used to study nuclear reactions and energy. To uncover which computational chemistry tools are useful for this challenge, Pan, Vaiyakarnam, Li, and McMahan investigated whether the Python-based Simulations of Chemistry Framework’s Hartree-Fock (PySCF) method is an efficient and accurate way to assess alkane molecules.

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