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Strategic jet engine System design in light of uncertain fuel and carbon prices

Strategic jet engine System design in light of uncertain fuel and carbon prices
Strategic jet engine System design in light of uncertain fuel and carbon prices
Since the Wright brothers took to the skies over 100 years ago, aviation has been powered by fossil fuels. This dependency will not be markedly reduced within the next two decades despite higher and more erratic fuel prices that result from increasingly restricted access to crude oil. Climate change will also force regulators to increase the price of CO2 emissions so that there is an even greater incentive to operate fuel efficient aircraft. This project therefore aims to investigate how the profit generated by a short-range jet engine can be made robust to uncertain fuel and carbon prices in 2030 by applying the Surplus Value Methodology in conjunction with Robust Design techniques.
Langmaak, Stephan
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Scanlan, James
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Wiseall, Stephen
485e9c02-2353-4c31-86a0-3ec41b0483ed
Langmaak, Stephan
0be237c1-5f10-4645-99a3-fa274c3939c9
Scanlan, James
7ad738f2-d732-423f-a322-31fa4695529d
Wiseall, Stephen
485e9c02-2353-4c31-86a0-3ec41b0483ed

Langmaak, Stephan, Scanlan, James and Wiseall, Stephen (2011) Strategic jet engine System design in light of uncertain fuel and carbon prices. 2nd International Air Transport and Operations Symposium (ATOS 2011), Delft, Netherlands. 28 - 29 Mar 2011. 7 pp .

Record type: Conference or Workshop Item (Paper)

Abstract

Since the Wright brothers took to the skies over 100 years ago, aviation has been powered by fossil fuels. This dependency will not be markedly reduced within the next two decades despite higher and more erratic fuel prices that result from increasingly restricted access to crude oil. Climate change will also force regulators to increase the price of CO2 emissions so that there is an even greater incentive to operate fuel efficient aircraft. This project therefore aims to investigate how the profit generated by a short-range jet engine can be made robust to uncertain fuel and carbon prices in 2030 by applying the Surplus Value Methodology in conjunction with Robust Design techniques.

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More information

Published date: March 2011
Venue - Dates: 2nd International Air Transport and Operations Symposium (ATOS 2011), Delft, Netherlands, 2011-03-28 - 2011-03-29

Identifiers

Local EPrints ID: 176495
URI: http://eprints.soton.ac.uk/id/eprint/176495
PURE UUID: 02b627c5-c205-47ef-9ab6-cf9eb3e28666

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Date deposited: 14 Mar 2011 13:58
Last modified: 14 Mar 2024 02:39

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Contributors

Author: Stephan Langmaak
Author: James Scanlan
Author: Stephen Wiseall

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