ICT-ENSURE Information System on Literature in the Field of ICT for Environmental Sustainability

ICT-ENSURE Information System on Literature in the Field of ICT for Environmental Sustainability ICT-ENSURE Information System on Literature in the Field of ICT for Environmental Sustainability European Commission European Commission CORDIS Seventh Framework Programme KIT - Karlsruhe Institute of Technology Graz University of Technology, Knowledge Management Institute International Society for Environmental Protection
Full text search fulltext search
Hints for fulltext search
  • Use AND or && if the terms shall both be contained
  • Use OR if at least of the terms shall be contained
  • Use "..." (quotes) to group multiple words
  • Use * (asterisk) for wildcards
  • Use NOT or - (minus) if the term shall not be contained
Note: These commands are case-sensitive
Search by criteria

Using system dynamics model to assess aluminium price volatility and propose solutions to save energy

Authors
Nguyen Thi Minh, Hanh (Faculty of Environmental Science, VNU University of Science)
Search for Hanh Nguyen Thi Minh in Research Programmes Information System
Dinh Duy, Chinh (Faculty of Environmental Science, VNU University of Science)
Search for Chinh Dinh Duy in Research Programmes Information System
Vu Van , Manh (Faculty of Environmental Science, VNU University of Science)
Search for Manh Vu Van in Research Programmes Information System
Chapter ConverStation I
Volume EnviroInfo & ICT4S, Adjunct Proceedings (Part 2)
Conference Building the knowledge base for environmental action and sustainability
Copenhagen, 2015
Year 2015
Abstract of the Article
Aluminium production in Vietnam will increase
several times over in the next few years if Dak Nong
aluminium smelting project is realized. Indeed, aluminium
smelting is a commodity industry with highly volatile prices.
This research uses system dynamics to predict the industry to
explain the part of volatility. Because of huge electricity
requirement and potential to reduce electricity consumption
through recycling, aluminium smelting is a special interest of
environmental research. Besides the large price volatility will
impact directly on production and consumption of aluminium
and lead to waste or adversely affect to the environment and
society. This research begins with initial model of aluminium
industry. Concluding with a discussion of system dynamics
and commodity production cycles, the focus is on assessing
the impact of producers lag time and variable demand to price
volatility. The longer the producers lag time is, the larger the
price volatility is. Also with variable demand, the price will be
larger fluctuated. At the end, by increasing the proportion of
recycled aluminium from 25% to 40%, 8.44 Gwh of electricity
power will be saved after 96 months and this will open a more
sustainable direction for Vietnam aluminium industry.
Pages 33 - 40
Cite Download cite reference as: RIS | EndNote | BibTeX
Download Go to fulltext article (external link)
Download article from the web site of:
Server of Fachgruppe Umweltinformatik of the Gesellschaft für Informatik
(this is an external link, please check the Legal Notice on the bottom of the page)

Version 1.2 © 2008-2018 ICT-ENSURE consortium.

If you encounter any errors, please feel encouraged to contact us via e-mail.

ict-ensureiaifzkde