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345 results on '"Collan, Mikael"'

1. Chapter 12 Russian Renewable Energy

Author

Kozlova, Mariia, Collan, Mikael, and Overland, Indra

Subjects
energy law, renewable energy, renewable energy in Russia, Jurisprudence and general issues, International law, Energy and natural resources law
Abstract

This chapter reviews the development of the legal framework for renewable energy in Russia and discusses the current state of renewable energy in the country. The Russian support scheme for renewable energy is elaborated in detail for both the wholesale and retail energy markets, and the outcomes of the policy are assessed based on the current state of renewable energy in Russia. Russia has introduced an unusual scheme to promote renewable energy: compensating investments in capacity installed and guaranteeing investors a certain return on their investments. This instrument is known in the literature as a ‘capacity-based mechanism’ or simply a ‘capacity mechanism’. The capacity mechanism also imposes some restrictions and incentives to motivate renewable-energy production and attempts to minimise the cost burden of the subsidies on the taxpayer. Renewable-energy investments in other countries are commonly supported by paying projects for the electricity produced, rather than the installed capacity. The Russian approach has practical relevance from the policymakers’ perspective because, in contrast to conventional power plants that can be operated non-stop to produce electricity, many forms of renewable energy are not able to guarantee production on command. Paying for actual electricity production encourages investors to select appropriate sites for renewable energy generation. However, the Russian case demonstrates that renewables can also be supported through installed capacity. In this chapter, we present a short overview of Russian renewable-energy policy, review the academic literature on this topic, and analyse the outcomes of the policy in terms of the current state of renewable energy in Russia, paying particular attention to the effect of the capacity mechanism.

Published
2020

2. A Fuzzy Real Option Method for Valuing Real Options in Supply Chain Under Geopolitical Risk

Author

Kinnunen, Jani, Georgescu, Irina, Collan, Mikael, Virkki, Pekka, Kacprzyk, Janusz, Series Editor, Gomide, Fernando, Advisory Editor, Kaynak, Okyay, Advisory Editor, Liu, Derong, Advisory Editor, Pedrycz, Witold, Advisory Editor, Polycarpou, Marios M., Advisory Editor, Rudas, Imre J., Advisory Editor, Wang, Jun, Advisory Editor, Kahraman, Cengiz, editor, Cevik Onar, Sezi, editor, Cebi, Selcuk, editor, Oztaysi, Basar, editor, Tolga, A. Cagrı, editor, and Ucal Sari, Irem, editor

Published
2024
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4. A Vision for a Highly Automated Digital Local Manufacturing Network—Solutions and Challenges

Author

Collan, Mikael, Savolainen, Jyrki, Virolainen, Veli-Matti, Luukka, Pasi, Behrens, Bernd-Arno, Series Editor, Grzesik, Wit, Series Editor, Ihlenfeldt, Steffen, Series Editor, Kara, Sami, Series Editor, Ong, Soh-Khim, Series Editor, Tomiyama, Tetsuo, Series Editor, Williams, David, Series Editor, Huang, Chin-Yin, editor, Dekkers, Rob, editor, Chiu, Shun Fung, editor, Popescu, Daniela, editor, and Quezada, Luis, editor

Published
2023
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12. Digital Coaching System for Real Options Analysis with Multi-expert and Machine Learning Support

Author

Kinnunen, Jani, Collan, Mikael, Georgescu, Irina, Hosseini, Zahra, Goos, Gerhard, Founding Editor, Hartmanis, Juris, Founding Editor, Bertino, Elisa, Editorial Board Member, Gao, Wen, Editorial Board Member, Steffen, Bernhard, Editorial Board Member, Woeginger, Gerhard, Editorial Board Member, Yung, Moti, Editorial Board Member, Stephanidis, Constantine, editor, Kurosu, Masaaki, editor, Chen, Jessie Y. C., editor, Fragomeni, Gino, editor, Streitz, Norbert, editor, Konomi, Shin'ichi, editor, Degen, Helmut, editor, and Ntoa, Stavroula, editor

Published
2021
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13. Center-of-Gravity Real Options Method Based on Interval-Valued Fuzzy Numbers

Author

Kinnunen, Jani, Georgescu, Irina, Collan, Mikael, Kacprzyk, Janusz, Series Editor, Pal, Nikhil R., Advisory Editor, Bello Perez, Rafael, Advisory Editor, Corchado, Emilio S., Advisory Editor, Hagras, Hani, Advisory Editor, Kóczy, László T., Advisory Editor, Kreinovich, Vladik, Advisory Editor, Lin, Chin-Teng, Advisory Editor, Lu, Jie, Advisory Editor, Melin, Patricia, Advisory Editor, Nedjah, Nadia, Advisory Editor, Nguyen, Ngoc Thanh, Advisory Editor, Wang, Jun, Advisory Editor, Kahraman, Cengiz, editor, Cevik Onar, Sezi, editor, Oztaysi, Basar, editor, Sari, Irem Ucal, editor, Cebi, Selcuk, editor, and Tolga, A. Cagri, editor

Published
2021
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17. Dynamization and Real Options – Discussing the Economic Success of Design Inventions

Author

Chechurin, Leonid, Collan, Mikael, Rannenberg, Kai, Editor-in-Chief, Soares Barbosa, Luís, Editorial Board Member, Goedicke, Michael, Editorial Board Member, Tatnall, Arthur, Editorial Board Member, Neuhold, Erich J., Editorial Board Member, Stiller, Burkhard, Editorial Board Member, Tröltzsch, Fredi, Editorial Board Member, Pries-Heje, Jan, Editorial Board Member, Kreps, David, Editorial Board Member, Reis, Ricardo, Editorial Board Member, Furnell, Steven, Editorial Board Member, Mercier-Laurent, Eunika, Editorial Board Member, Winckler, Marco, Editorial Board Member, Malaka, Rainer, Editorial Board Member, Cavallucci, Denis, editor, Brad, Stelian, editor, and Livotov, Pavel, editor

Published
2020
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23. Technical, Economic and Societal Effects of Manufacturing 4.0

Author

Collan, Mikael and Michelsen, Karl-Erik

Subjects
Innovation/Technology Management, Knowledge Management, Software Engineering/Programming and Operating Systems, Engineering, general, Business and Management, Management, Software Engineering, Technology and Engineering, additive manufacturing, materials research, automation, robotics, analytics, change management, business models, life-long learning, societal adaption, open access, Research & development management, Industrial applications of scientific research & technological innovation, Knowledge management, Operating systems, Engineering: general, Research and development management
Abstract

This open access book is among the first cross-disciplinary works about Manufacturing 4.0. It includes chapters about the technical, the economic, and the social aspects of this important phenomenon. Together the material presented allows the reader to develop a holistic picture of where the manufacturing industry and the parts of the society that depend on it may be going in the future. Manufacturing 4.0 is not only a technical change, nor is it a purely technically driven change, but it is a societal change that has the potential to disrupt the way societies are constructed both in the positive and in the negative. This book will be of interest to scholars researching manufacturing, technological innovation, innovation management and industry 4.0.

Published
2020
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30. Real Option Analysis with Interval-Valued Fuzzy Numbers and the Fuzzy Pay-Off Method

Author

Mezei, József, Collan, Mikael, Luukka, Pasi, Kacprzyk, Janusz, Series editor, Pal, Nikhil R., Advisory editor, Bello Perez, Rafael, Advisory editor, Corchado, Emilio S., Advisory editor, Hagras, Hani, Advisory editor, Kóczy, László T., Advisory editor, Kreinovich, Vladik, Advisory editor, Lin, Chin-Teng, Advisory editor, Lu, Jie, Advisory editor, Melin, Patricia, Advisory editor, Nedjah, Nadia, Advisory editor, Nguyen, Ngoc Thanh, Advisory editor, Wang, Jun, Advisory editor, Szmidt, Eulalia, editor, Zadrożny, Sławomir, editor, Atanassov, Krassimir T., editor, and Krawczak, Maciej, editor

Published
2018
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31. Transformation of Variance to Possibilistic Variance and Vice Versa

Author

Luukka, Pasi, Stoklasa, Jan, Collan, Mikael, Kacprzyk, Janusz, Series editor, Pal, Nikhil R., Advisory editor, Bello Perez, Rafael, Advisory editor, Corchado, Emilio S., Advisory editor, Hagras, Hani, Advisory editor, Kóczy, László T., Advisory editor, Kreinovich, Vladik, Advisory editor, Lin, Chin-Teng, Advisory editor, Lu, Jie, Advisory editor, Melin, Patricia, Advisory editor, Nedjah, Nadia, Advisory editor, Nguyen, Ngoc Thanh, Advisory editor, Wang, Jun, Advisory editor, Szmidt, Eulalia, editor, Zadrożny, Slawomir, editor, Atanassov, K. T., editor, and Krawczak, Maciej, editor

Published
2018
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47. Differential Evolution Classifier with Optimized OWA-Based Multi-distance Measures for the Features in the Data Sets

Author

Koloseni, David, Fedrizzi, Mario, Luukka, Pasi, Lampinen, Jouni, Collan, Mikael, Kacprzyk, Janusz, Series editor, Angelov, P., editor, Atanassov, K.T., editor, Doukovska, L., editor, Hadjiski, M., editor, Jotsov, V., editor, Kacprzyk, J., editor, Kasabov, N., editor, Sotirov, S., editor, Szmidt, E., editor, and Zadrożny, S., editor

Published
2015
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49. Ignorance is bliss? Information and risk on crowdfunding platforms

Author

D'Arcangelo, Chiara, Morreale, Azzurra, Mittone, Luigi, Collan, Mikael, D'Arcangelo, Chiara, Morreale, Azzurra, Mittone, Luigi, and Collan, Mikael

Abstract

This research examines the determinants of project success on crowdfunding platforms within a competitive context. We focus on the specific horizontal attributes of the project- attributes that do not affect the project returns but over which investors may have heterogeneous preferences-and on the project returns' risk level. We run a laboratory experiment with several set-ups, where multiple projects compete for funding simultaneously and where potential investors operate in a quasi-continuous time. We find the horizontal attributes' information affects project selection, while the risk level of the project returns affects the amount of collected funding.

Published
2023
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