Case study project for Engineering Graphics & Design

Project for Engineering Graphics & Design - Case Study Example The study involved a case where energy storage system can detect the frequency of the power output, and controls this frequency automatically to arrive at the required frequency of the power output. The study assumes an introduction of wind power generation at 1/10 of the power system capacity, and investigates the use of energy storage using a dead band control, contrary to using a high-pass filter type of control. The proposed approach seeks to regulate frequency deviations resulting from power output fluctuations, as well as the respective fluctuations related to the system load. The study aims at understanding the results of a simulation concerning performance control and charge and discharge power on frequency deviations. Moreover, the study evaluates the total energy storage capacity of the battery that is fit to hold a specific range of fluctuations. The study assumed application of a battery system to store energy with a dead band to counteract the effects of frequency fluctu ations

International Financial management Term Paper Example | Topics and Well Written Essays - 2500 words

International Financial management - Term Paper Example Although international banks offer their services to both individuals and organizations, they tend to prefer conducting business with organizations and relatively wealthy individuals. On its part the money market was primarily introduced for the sake of trading in currency rate futures contracts as well as options. Essentially, currency futures were intended to realize a liberally traded exchange market that would promote trade across national borders. Therefore, the money market serves a number of functions that include lubricating central bank policies, financing trade, enhancing the self-sufficiency of commercial banks and facilitating profitable investments. From their roles and functions, it can be seen that international banking and money market are inextricably linked. With the opportunities and challenges presented by globalization and the global market, there are also benefits and hazards associated with international banking and money market. The purpose of this paper is to discuss the concept of international banking and money market focusing on the reasons for international banking, how international banking and money market functions and also highlight the hazards associated with the concepts. International banks provide certain services that make a distinction between them and domestic banks. Most significantly, they facilitate export and import services for their clients through their role of arranging trade financing. Further, they not only play the crucial role of arranging the necessary foreign exchange multinationals use to carry out international transactions but also assist in making foreign investments by hedging exchange rate risk. This is typically in foreign currency payables and receivables options and forward contracts. However, the international banks are mainly distinguished from domestic banks by the types of loans they give, investments they make and deposits they accept. From the perspective of international money market,