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Downside risk was first modeled by Roy (1952), who assumed that an investor's goal was to minimize his/her risk. This mean-semivariance, or downside risk, model is also known as “safety-first” technique, and only looks at the lower standard deviations of expected returns which are the potential losses.
Downside risk (DR) is measured by target semi-deviation (the square root of target semivariance) and is termed downside deviation. It is expressed in percentages and therefore allows for rankings in the same way as standard deviation. An intuitive way to view downside risk is the annualized standard deviation of returns below the target.
The theoretical studies are of practical use because they predict the fundamental limits of a solar cell, and give guidance on the phenomena that contribute to losses and solar cell efficiency. Band diagram of a solar cell, corresponding to very low current (horizontal Fermi level), very low voltage (metal valence bands at same height), and ...
PV performance can be measured as the ratio of actual solar PV system output vs expected values, the measurement being essential for proper solar PV facility's operation and maintenance. The primary energy input is the global light irradiance in the plane of the solar arrays, and this in turn is a combination of the direct and the diffuse ...
Dispatchable plants have varying startup times, depending on the technology used and time elapsed after the previous operation. For example, "hot startup" can be performed a few hours after a preceding shutdown, while "cold startup" is performed after a few days of inoperation.
It involves about 60,000 metered customers, and contains many key functions of the future smart grid. [53] Solar Cities - In Australia, the Solar Cities programme included close collaboration with energy companies to trial smart meters, peak and off-peak pricing, remote switching and related efforts. It also provided some limited funding for ...
Sequence diagrams are sometimes called event diagrams or event scenarios. For a particular scenario of a use case, the diagrams show the events that external actors generate, their order, and possible inter-system events. [2] The diagram emphasizes events that cross the system boundary from actors to systems.
The first demonstration of the photovoltaic effect, by Edmond Becquerel in 1839, used an electrochemical cell. He explained his discovery in Comptes rendus de l'Académie des sciences, "the production of an electric current when two plates of platinum or gold immersed in an acid, neutral, or alkaline solution are exposed in an uneven way to solar radiation."