Engineering Papers⌕ Search

SEARCH · Engineering Papers

Results for “corporate”

Search indexed NASA NTRS and DOE OSTI research on propulsion, heat transfer, battery materials and energy systems. Follow report and document links to the original sources.

Quote a phrase for an exact phrase match. Source license links do not imply unrestricted reuse.

At least 505 records · Page 28

Precursor Analysis Report: Doppelpaymer Ransomware Attack on Petroleos Mexicanos (PEMEX) 2019

The DoppelPaymer Ransomware Attack on Petroleos Mexicanos (PEMEX) 2019 Precursor Analysis Report leverages publicly available information about the PEMEX cyber attack and catalogs anomalous observables for each technique employed in the attack. This analysis is based upon the methodology of the Cybersecurity for the Operational Technology Environment (CyOTE) program. The 2019 DoppelPaymer ransomware attack on PEMEX, Mexico’s nationalized petroleum corporation, highlights a unique threat that ransomware and cybercriminal extortion poses to Operational Technology (OT) environments in critical infrastructure. The incident began with an employee downloading commodity malware that allowed adversaries to gain initial access to PEMEX’s enterprise environment. After conducting privilege escalation, tool ingress, and data exfiltration, the adversaries deployed DoppelPaymer ransomware throughout the PEMEX enterprise environment, resulting in the company having to take dozens of systems offline for at least several days. Although PEMEX stated that their operations were not affected, the data exfiltrated from PEMEX was made available for download on DoppelPaymer’s leak site, as well as on other illicit criminal forums. This stolen data included not only company information, but also sensitive OT-specific configuration data. This incident showcases how cybercriminal exfiltration and posting of sensitive OT architecture documentation can pose security concerns for the targeted organization for years due to the long lifespan of OT assets and architectures. Researchers and analysts identified 18 unique techniques utilized during the attack with a total of 190 observables using MITRE ATT&CK® for Industrial Control Systems. The CyOTE program assesses observables accompanying techniques used prior to the triggering event to identify opportunities to detect malicious activity. If observables accompanying the attack techniques are perceived and investigated prior to the triggering event, earlier comprehension of malicious activity can take place. Fifteen of the identified techniques used during the DoppelPaymer ransomware attack were precursors to the triggering event. Analysis identified 163 observables associated with these precursor techniques, 34 of which were assessed to have an increased likelihood of being perceived in the 60 days preceding the triggering event. The response and comprehension time could have been reduced if the observables had been identified earlier. The information gathered in this report contributes to a library of observables tied to a repository of artifacts, data sources, and technique detection references for practitioners and developers to support the comprehension of indicators of attack. Asset owners and operators can use these products if they experience similar observables or to prepare for comparable scenarios.

45 MILITARY TECHNOLOGY, WEAPONRY, AND NATIONAL DEF↗

Regional Energy Hardware Innovation Accelerator

E4 Carolinas, Inc., along with the Joules Accelerator and Savannah River National Laboratory received a grant from the DOE Office of Technology Commercialization as part of its Energy Program for Innovation Clusters (EPIC) program to develop a Regional Energy Hardware Innovation Accelerator. The project objective was to create a regional energy hardware cluster innovation and accelerator ecosystem (Accelerator) to enhance commercialization opportunities for U.S. energy startups (Ventures) and Corporate Ventures (a new venture originating within an established company).

24 POWER TRANSMISSION AND DISTRIBUTION↗

Cooperative Support of the Fermilab Site’s Natural Areas and Related Programs (CRADA Final Report)

Under the prime contract with the Department of Energy, Fermi Research Alliance, LLC (FRA) is responsible for effective stewardship of the Fermi National Accelerator Laboratory (Fermilab) 6,800-acre site, to assure that Fermilab is renewed and enhanced to meet future mission needs. As the steward of the Fermilab site, FRA is responsible for maintaining the natural areas for the site (e.g., prairie restoration sites, woodlands, etc.), which are essential for protecting the health and safety of personnel working on or visiting the site, while supporting the scientific and educational missions of Fermilab. Fermilab Natural Areas (FNA) is a not-for-profit corporation organized and existing under the laws of the State of Illinois. FNA was founded in 2006 and incorporated in 2008 for the purposes of studying, conserving, and restoring the Fermilab Site’s natural areas in a manner consistent with the science mission of Fermilab and enhancing the awareness and visibility of the natural amenities of Fermilab to neighboring communities.

54 ENVIRONMENTAL SCIENCES↗

A Methodology to Evaluate the Grid Reliability Impact of Oscillations Induced by Large Loads

The rapid growth of hyperscale AI data centers is bringing renewed attention to the reliability risk that sustained forced oscillations pose to bulk power systems, with cyclic computational workloads emerging as a new forcing source. Unlike the broadband, stochastic disturbances from traditional industrial loads such as arc furnaces, AI training and inference facilities can inject large active power swings concentrated at specific frequencies over extended durations - characteristics that existing grid planning practices do not account for. While the North American Electric Reliability Corporation (NERC) has recognized this gap and called for system-level studies of large load interconnections, no standardized methodology exists to screen, simulate, and quantify these risks at the planning stage. This report presents the Risk Assessment Tool for Large Load-induced Events (RATLLE), a Python-based, publicly available script suite developed at the Pacific Northwest National Laboratory to evaluate bulk power system reliability risks from data center-induced oscillations. RATLLE implements a three-module workflow: a screening module that identifies vulnerable interconnection locations and excitable system modes; a simulation module that models cyclic data center load behavior using a commercial positive sequence simulation platform; and an analysis module that computes risk metrics and generates interactive visualization dashboards. The risk metrics, formulated around simulation observables, map oscillation impacts to a three-stage severity scale spanning latent equipment fatigue through imminent cascading failure. The methodology is demonstrated on two Western Electricity Coordinating Council (WECC) system models: a publicly available 240-bus reduced representation and a detailed 2031 Heavy Winter planning case. Case studies illustrate that even modest 50 MW forced oscillations at resonant frequencies can produce wide-area power swings, N-1 security constraint violations, and cascading generator trips through protection actions - outcomes that would not occur under normal operating conditions without oscillations present. The results underscore the need for standardized oscillation impact assessment in large load interconnection studies and provide a reproducible, extensible framework for utilities to adopt or customize within their existing planning workflows.

Biswas, Shuchismita↗

Nuclear Physics Made Very, Very Easy

The fundamental approach to nuclear physics was prepared to introduce basic reactor principles to various groups of non-nuclear technical personnel associated with NERVA Test Operations. NERVA Test Operations functions as the field test group for the Nuclear Rocket Engine Program. Nuclear Engine for Rocket Vehicle Application (NERVA) program is the combined efforts of Aerojet-General Corporation as prime contractor, and Westinghouse Astronuclear Laboratory as the major subcontractor, for the assembly and testing of nuclear rocket engines. Development of the NERVA Program is under the direction of the Space Nuclear Propulsion Office, a joint agency of the U. S. Atomic Energy Commission and the National Aeronautics and Space Administration. This report is being reprinted for use in the U. S. Atomic Energy Commission and National Aeronautics and Space Administration educational and technology utilization programs.

22 GENERAL STUDIES OF NUCLEAR REACTORS↗

Nuclear Safety [Vol. 33, No. 4, October-December 1992]

Nuclear Safety is a review journal that covers significant developments in the field of nuclear safety. Its scope includes the analysis and control of hazards associated with nuclear energy, operations involving fissionable materials, and the products of nuclear fission and their effects on the environment. Primary emphasis is on safety in reactor design, construction, and operation; however, the safety aspects of the entire fuel cycle, including fuel fabrication, spent-fuel processing, nuclear waste disposal, handling of radioisotopes, and environmental effects of these operations, are also treated. Table of Contents for this issue follows. GENERAL SAFETY CONSIDERATIONS: 499 Technical Note: Nuclear Regulatory Commission’s Examination Question Bank System, C. L Jensen and N. L. Skinner; 506 Report on the Specialists’ Meeting on Passive and Active Safety Features of Liquid-Metal Fast Breeder Reactors Organized by the International Atomic Energy Agency at Oarai Engineering Centre of Power Reactor and Nuclear Development Corporation, Japan, November 5-7,1991, S. R. Paranjpe; ACCIDENT ANALYSIS: 514 A Review of Hydrogen Production During Melt/Water Interaction in LWRs, D. F. Fletcher, B. D. Turland, and S. P. A. Lawrence; 535 A Review of the U 3 0 8 -Al Reaction as a Potential Heat Source in Research and Test Reactor Accidents, J. L. Snelgrove; CONTROL AND INSTRUMENTATION: 543 Multilevel Interfaces for Power Plant Control Rooms II: A Preliminary Design Space, K. J. Vicente; DESIGN FEATURES: 549 Twenty-Second DOE/NRC Nuclear Air Cleaning and Treatment Conference, R. R. Bellamy, D. W. Moeller, and M. W. First; 562 Book Review: Safety Assessment of Unit 5 (WWER-440/W-213) of the Greifswald Nuclear Power Station, M. H. Fontana; WASTE AND SPENT FUEL MANAGEMENT: 576 Activities Related to Waste and Spent Fuel Management, M. D. Muhlheim and E. G. Silver; OPERATING EXPERIENCES: 586 Analysis of Corrective Actions Applied to Nuclear Power Plant Operations, A. E. Cross; 593 Reactor Shutdown Experience, Compiled by J. W. Cletcher; 596 Operating U.S. Power Reactors, Compiled by M. D. Muhlheim and E. G. Silver; 609 Non-Commercial Power Operating Experience; 614 World Nuclear Performance, Compiled by M. D. Muhlheim; RECENT DEVELOPMENTS: 623 General Administrative Activities, Compiled by M. D. Muhlheim and E. G. Silver; 635 Reports, Standards, and Safety Guides, D. S. Queener; 639 Proposed Rule Changes as of June 30, 1992; ANNOUNCEMENTS: 513 Fourth International Conference on Nuclear Fuel Reprocessing and Waste Management RECOD '94; 585 International Topical Meeting on Advanced Reactors Safety; 622 International Workshop on Implementation of ALARA at Nuclear Power Plants; 648 Short Course on Nuclear Criticality Safety; 648 8th Topical Meeting on Problems in Reactor Physics MEPhi-VOLGA-93; 643 The Authors; 646 Reviewers of Nuclear Safety, Vol. 33

11 NUCLEAR FUEL CYCLE AND FUEL MATERIALS↗

Gulf of Mexico Turbulence Intensity Model Data

The dataset is a subset of simulations carried out for the Gulf of Mexico region using the revised Weather Research and Forecasting (WRF) model version 4.2 that incorporates the implementation of online turbulence intensity (TI) calculations (Tai et al. 2023). The simulated atmospheric profiles near the Shell Exploration and Production Corporation's Tension Leg Platforms Ursa and Mars are archived. Physics parameterizations chosen for the simulations include the Thompson microphysics parameterization, Mellor-Yamada-Nakanishi Niino (MYNN) boundary layer parameterization, Mellor-Yamada-Janjic surface layer parameterization, Unified Noah land-surface parameterization, and the RRTMG longwave and shortwave radiation parameterization. Initial and boundary conditions are taken from NOAA’s High-Resolution Rapid Refresh (HRRR) product. The JPL 0.01-degree Level 4 Multiscale Ultrahigh Resolution (MUR) Global Foundation Sea Surface Temperature (SST) Analysis (V4.1) data are used as the model’s SST forcing. Simulations are performed from January through June in 2020 and output every 10 minutes, which permits comparison with corresponding lidar observations.

17 WIND ENERGY↗

Gulf of Mexico Turbulence Intensity Model Data

The dataset is a subset of simulations carried out for the Gulf of Mexico region using the revised Weather Research and Forecasting (WRF) model version 4.2 that incorporates the implementation of online turbulence intensity (TI) calculations (Tai et al. 2023). The simulated atmospheric profiles near the Shell Exploration and Production Corporation's Tension Leg Platforms Ursa and Mars are archived. Physics parameterizations chosen for the simulations include the Thompson microphysics parameterization, Mellor-Yamada-Nakanishi Niino (MYNN) boundary layer parameterization, Mellor-Yamada-Janjic surface layer parameterization, Unified Noah land-surface parameterization, and the RRTMG longwave and shortwave radiation parameterization. Initial and boundary conditions are taken from the NOAA’s High-Resolution Rapid Refresh (HRRR) product. The JPL 0.01-degree Level 4 Multiscale Ultrahigh Resolution (MUR) Global Foundation Sea Surface Temperature (SST) Analysis (V4.1) data are used as the model’s SST forcing. Simulations are performed from January through June in 2020 and output every 10 minutes, which permits comparison with corresponding lidar observations.

17 WIND ENERGY↗

Mid-Atlantic Turbulence Intensity Data in Observational Space

The dataset archives observed and model-simulated turbulence intensity and meteorological profiles and timeseries at the Air-Sea Interaction Tower (ASIT) of Woods Hole Oceanographic Institution’s Martha’s Vineyard Coastal Observatory (MVCO). The observational data were measured by lidar and buoy deployed at ASIT. The simulated profiles and timeseries data are interpolated in time and/or space according to observations. Simulations were carried out for the mid-Atlantic region using the revised Weather Research and Forecasting (WRF) model version 4.2 that incorporates the implementation of online turbulence intensity (TI) calculations (Tai et al. 2023). The simulated atmospheric profiles at the Shell Exploration and Production Corporation's Tension Leg Platforms Ursa and Mars are archived. Physics parameterizations chosen for the simulations include the Thompson microphysics parameterization, Mellor-Yamada-Nakanishi Niino (MYNN) boundary layer parameterization, Mellor-Yamada-Janjic surface layer parameterization, Unified Noah land-surface parameterization, and the RRTMG longwave and shortwave radiation parameterization. Initial and boundary conditions are taken from NOAA’s High-Resolution Rapid Refresh (HRRR) product. The JPL 0.01-degree Level 4 Multiscale Ultrahigh Resolution (MUR) Global Foundation Sea Surface Temperature (SST) Analysis (V4.1) data are used as the model’s SST forcing.

17 WIND ENERGY↗

Northern Pacific Turbulence Intensity Model Data in Observational Space

The dataset archives model-simulated turbulence intensity and meteorological profiles and timeseries at the lidar buoys sites off the coast of California (Humboldt and Morro Bay). The simulated data are interpolated in time and/or space according to observed quantities. The simulations were carried out for the north Pacific region using the revised Weather Research and Forecasting (WRF) model version 4.2 that incorporates the implementation of online turbulence intensity (TI) calculations (Tai et al. 2023). The simulated atmospheric profiles near the Shell Exploration and Production Corporation's Tension Leg Platforms Ursa and Mars are archived. Physics parameterizations chosen for the simulations include the Thompson microphysics parameterization, Mellor-Yamada-Nakanishi Niino (MYNN) boundary layer parameterization, Mellor-Yamada-Janjic surface layer parameterization, Unified Noah land-surface parameterization, and the RRTMG longwave and shortwave radiation parameterization. Initial and boundary conditions are taken from NOAA’s High-Resolution Rapid Refresh (HRRR) product. The JPL 0.01-degree Level 4 Multiscale Ultrahigh Resolution (MUR) Global Foundation Sea Surface Temperature (SST) Analysis (V4.1) data are used as the model’s SST forcing.

17 WIND ENERGY↗

Application of Quantum Machine Learning to High Energy Physics Analysis at LHC Using Quantum Computer Simulators and Quantum Computer Hardware

Machine learning enjoys widespread success in High Energy Physics (HEP) analyses at LHC. However the ambitious HL-LHC program will require much more computing resources in the next two decades. Quantum computing may offer speed-up for HEP physics analyses at HL-LHC, and can be a new computational paradigm for big data analyses in High Energy Physics.We have successfully employed three methods (1) Variational Quantum Classifier (VQC) method, (2) Quantum Support Vector Machine Kernel (QSVM-kernel) method and (3) Quantum Neural Network (QNN) method for two LHC flagship analyses: ttH (Higgs production in association with two top quarks) and H->mumu (Higgs decay to two muons, the second generation fermions). We shall address the progressive improvements in performance from method (1) to method (3).We will present our experiences and results of a study on LHC High Energy Physics data analyses with IBM Quantum Simulator and Quantum Hardware (using IBM Qiskit framework), Google Quantum Simulator (using Google Cirq framework), and Amazon Quantum Simulator (using Amazon Braket cloud service). The work is in the context of a Qubit platform (a gate-model quantum computer). Taking into account the present limitation of hardware access, different quantum machine learning methods are studied on simulators and the results are compared with classical machine learning methods (BDT, classical Support Vector Machine and classical Neural Network). Furthermore, we do apply quantum machine learning on IBM quantum hardware to compare performance between quantum simulator and quantum hardware. The work is performed by an international and interdisciplinary collaboration with the Department of Physics and Department of Computer Sciences of University of Wisconsin, CERN Quantum Technology Initiative, IBM Research Zurich, IBM T.J. Watson Research Center, Fermilab Quantum Institute, BNL Computational Science Initiative, State University of New York at Stony Brook, and Quantum Computing and AI Research of Amazon Web Services. This work pioneers a close collaboration of academic institutions with industrial corporations in the High Energy Physics analyses effort. Though the size of event samples in future HL-LHC physics and the limited number of qubits pose some challenges to the Quantum Machine learning studies for High Energy Physics, more advanced quantum computers with larger number of qubits, reduced noise and improved running time (as envisioned by IBM and Google) may outperform classical machine learning in both classification power and in speed.Although the era of efficient quantum computing may still be years away, we have made promising progress and obtained preliminary results in applying quantum machine learning to High Energy Physics. A PROOF OF PRINCIPLE.

46 INSTRUMENTATION RELATED TO NUCLEAR SCIENCE AND ↗

Hourly Electricity Demand Profiles for Each County in the Contiguous United States

This dataset provides estimated hourly electricity demand for each county in the contiguous United States from 2016-2023. The demand profiles represent the sum of two components: (1) Weighted averages of reported hourly demand profiles for North American Electric Reliability Corporation balancing authority (BA) regions and subregions, scaled to match annual estimates of county-level retail sales and direct use of electricity and weighted by the estimated percentage of county load served by each BA region or subregion. (2) Weighted averages of modeled hourly, county- and sector-level distributed photovoltaic (DPV) capacity factor profiles, scaled to match annual estimates of on-site consumption of DPV-generated electricity for each county and weighted by the percentage of consumption attributable to each sector Annual county-level retail sales are estimated by aggregating utility-reported sales to the state level and allocating the results to counties according to each county's share of state population. Annual county-level direct use is calculated by aggregating power plant-reported direct use values. Annual county-level on-site consumption of DPV-generated electricity is estimated by aggregating utility-reported net metering data to determine the amount of DPV-generated electricity sold back to the grid for each state, subtracting those values from modeled state-level DPV generation estimates, and allocating the results to counties according to each county's share of statewide modeled DPV generation. The open-source Python code used to develop this dataset is available at "Historical Load Data Repository" link below.

14 SOLAR ENERGY↗

The Integrated Virtual Blast Furnace: Enabling Physics-Based Operational Guidance

As part of a DOE-supported research effort, Purdue University Northwest researchers are collaborating with Oak Ridge National Laboratory and United States Steel Corporation to develop a tool to provide blast furnace operators and engineers with process performance insight comparable to high-fidelity computational fluid dynamics modeling, accelerated to provide “what-if” scenarios at near-real-time speed. This is accomplished by pre-simulating a baseline case and a range of potential operating scenarios to establish how the furnace responds to changing inputs, then training a neural network-based Reduced Order Model to accelerate the speed at which predictions of key parameters can be generated.

Okosun, Tyamo↗

Carbon neutrality in Malaysia and Kuala Lumpur: Insights from stakeholder-driven integrated assessment modeling

Several cities in Malaysia have established plans to reduce their CO2 emissions, in addition to Malaysia submitting a Nationally Determined Contribution to reduce its carbon intensity (against GDP) by 45% in 2030 compared to 2005. Meeting these emissions reduction goals will require a joint effort between governments, industries, and corporations at different scales and across sectors. In collaboration with national and sub-national stakeholders, we developed and used a global integrated assessment model to explore emissions mitigation pathways in Malaysia and Kuala Lumpur. Guided by current climate action plans, we created a suite of scenarios to reflect uncertainties in policy ambition, level of adoption, and implementation for reaching carbon neutrality. Through iterative engagement with all parties, we refined the scenarios and focus of the analysis to best meet the stakeholders’ needs. We found that Malaysia can reduce its carbon intensity and reach carbon neutrality by 2050, and that action in Kuala Lumpur can play a significant role. Decarbonization of the power sector paired with extensive electrification, energy efficiency improvements in buildings, transportation, and industry, and the use of advanced technologies such as hydrogen and carbon capture and storage will be major drivers to mitigate emissions, with carbon dioxide removal strategies being key to eliminate residual emissions. This study highlights the participatory process in which stakeholders contributed to the development of the model and guided the analysis, as well as insights into Malaysia’s decarbonization potential and the role of multilevel governance.

cities↗

We Must Stop Fossil Fuel Emissions to Protect Permafrost Ecosystems

Climate change is an existential threat to the vast global permafrost domain. The diverse human cultures, ecological communities, and biogeochemical cycles of this tenth of the planet depend on the persistence of frozen conditions. The complexity, immensity, and remoteness of permafrost ecosystems make it difficult to grasp how quickly things are changing and what can be done about it. Here, we summarize terrestrial and marine changes in the permafrost domain with an eye toward global policy. While many questions remain, we know that continued fossil fuel burning is incompatible with the continued existence of the permafrost domain as we know it. If we fail to protect permafrost ecosystems, the consequences for human rights, biosphere integrity, and global climate will be severe. The policy implications are clear: the faster we reduce human emissions and draw down atmospheric CO 2 , the more of the permafrost domain we can save. Emissions reduction targets must be strengthened and accompanied by support for local peoples to protect intact ecological communities and natural carbon sinks within the permafrost domain. Some proposed geoengineering interventions such as solar shading, surface albedo modification, and vegetation manipulations are unproven and may exacerbate environmental injustice without providing lasting protection. Conversely, astounding advances in renewable energy have reopened viable pathways to halve human greenhouse gas emissions by 2030 and effectively stop them well before 2050. We call on leaders, corporations, researchers, and citizens everywhere to acknowledge the global importance of the permafrost domain and work towards climate restoration and empowerment of Indigenous and immigrant communities in these regions.

54 ENVIRONMENTAL SCIENCES↗

An RTDS-Based Testbed for Investigating the Impacts of Transmission-Level Disturbances on Solar PV Operation

The increasing penetration of renewable energy resources such as solar and wind via power electronic inverters is challenging grid dynamics, as well as grid planning, operation, and protection. Recently, the North American Electric Reliability Corporation (NERC) has reported a series of similar events of the unintended loss of solar generation in Southern California over a large geographic area following the transmission-level disturbances. These events highlight the importance of understanding the characteristics of the transmission-side disturbances propagating into the distribution systems and their impacts on the operation of inverter-based resources. In this paper, a real-time electromagnetic simulation testbed is constructed for real-time electromagnetic simulations to generate realistic transmission-level disturbances and investigate their impacts on the solar PV operation under different fault types and locations, solar penetration levels, and loading levels. Through the simulation analysis and grid strength assessment, it is found that the grid strength at points of integration (POIs) of solar PVs significantly affects the transient stability of solar generators. Particularly, undesirable transient stability events are more likely to occur at the weak POIs following the transmission-level disturbances. Moreover, undesirable transient stability events become severer when the transmission-level disturbance is closer to the weak POIs or the disturbances become more serious. Additionally, the impact of the transmission-level disturbances on the solar PVs at the weak POIs exacerbate with the increasing solar penetration levels and loading levels. Thus, it is important to study and develop new technologies for grid planning, operation, and protection in weak grid conditions to address the emerging issues of integrating the high penetration of solar PVs and other IBRs.

14 SOLAR ENERGY↗

Initial Findings from US Department of Energy’s Better Plants Virtual in-Plant Training on 50001 Ready

Manufacturing facilities use about 35% of the domestic energy in the United States every year. Implementing an effective energy management system (EnMS) is one of the most important approaches to improve energy efficiency. However, the implementation of EnMS is low for many countries (including the US) and even for energy-intensive sectors. The reasons for the low implementation rate of energy management systems had been investigated by multiple researchers, but very few studies have focused on the barriers and challenges of implementing ISO 50001-based energy management systems. To contribute to this understudied area, this paper discusses the implementation and outcomes of the first Better Plants 50001 Ready Virtual In-plant Training. This paper first provides an overview of 50001 Ready and the 50001 Ready Navigator Tool. Then, it provides details on this training event and its outcomes. Finally, it discusses findings from the responses to 40 live polling questions about the status of the 25 tasks of the 50001 Ready Navigator for participating companies, key components of the participating manufacturing companies’ energy management systems, and challenges and barriers that these companies are facing. The findings suggest that although many companies understood the importance of an effective energy management system, about half of them do not understand the required resources for building energy management systems, and most of them have only just begun establishing these systems and need more assistance and resources in multiple areas. More specifically, more assistance is necessary for the following: (1) improving corporate management’s understanding of the time and resources needed to build an EnMS as well as the benefits; (2) creating linear regression models for more accurate energy performance tracking; (3) understanding energy use, collecting and analyzing energy performance data; (4) optimizing equipment operational controls, and creating action plans.

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATI↗

The Financial Performance of Family versus Non-Family Firms Operating in Nautical Tourism

This article analyses the financial performance of family versus non-family firms operating in nautical tourism, in 2015–2019. The sample of 39 Portuguese companies was collected from the SABI database. We use a regression of financial performance, measured by three alternative proxies: return on assets, return on equity and operating profit margin, on liquidity, leverage, turnover of assets, asset structure, company size and age. The regressions are performed across Nuts II regions on mainland and across types of firms (family and non-family). The results uncover several patterns. First, family firms are larger and older, make higher investments and therefore are less liquid. Second, liquidity, leverage and investment in tangible assets impact negatively and significantly the corporate financial performance, while the turnover of assets, size and age impacts positively and significantly. Third, the sign of the impacts depends on the measure of performance. Finally, firms in the Northern region show superior performance, which can be explained by the higher share of family firms. These findings can serve as a roadmap for managers when selecting strategies to improve performance. Additionally, they will contribute to the understanding of tourism destination dynamics and competitiveness.

Santos, Eleonora (ORCID:0000000346930804)↗