Description of Business Problem
Run-of-river (ROR) hydro projects harness the energy in flowing water to generate
electricity. There is total dependency on the flow rate measured in cusecs. As there is
an absence of a dam and reservoir, the power generation is susceptible to the effects of
daily and seasonal flow infrequencies. SinoHydro is a global Hydro Project construction
company, looking for construction projects in the next quarter. It is looking to bid for six
Increasing global land temperature has become a major cause of concern for countries around the world.
Remarkably, this is the third consecutive year a new global annual temperature record has been set. The
average global temperature across land and ocean surface areas for 2016 was 0.94°C (1.69°F) above the
20th century average of 13.9°C (57.0°F) (1). Increasing global temperature is an indicator of global climate
change. This phenomenon affects energy consumption, precipitation cycles and crop production apart
Considering the increasing pollution levels in the city and its harmful effects on kid’s health, an event
management firm has decided to conduct outdoor events only when Carbon monoxide levels are within
3ppm to 9ppm. For this, they need a model to know the expected daily maximum level of Carbon
Monoxide (CO) one week in advance.
The Green Building Certification Institute (GBCI) is an independent, third party organization committed to promoting the design, development, and implementation of processes used to increase and measure green building performance and green building practice. GBCI’s LEED certification involves three steps: Registration, Application and Certification.
The California Solar Initiative (CSI) provides incentives to customers in territories administered by Pacific Gas and Electric Company (PG&E), Southern California Edison (SCE), and San Diego Gas & Electric (SDG&E). These three utilities represent about 68 percent of California’s electric load. The CSI provides cash back for solar energy systems for existing homes, as well as existing and new commercial, industrial, government, non-profit, and agricultural properties – within the service territories of the three above-listed utilities.
D.C. Ducks is a tour company whose revenues depend heavily on favorable weather conditions, such as air quality. On days when the air quality index (AQI) is above 50, the firm has fewer customers due to the adverse conditions. The firm currently purchases a blanket weather insurance policy for the entire year, as protection against days when the AQI is forecast to be above 50.