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Flexibility estimation is the first step necessary to incorporate building energy systems into demand side management programs. We extend a known method for temporal flexibility estimation from literature to a real-world residential heat pump system, solely based on historical cloud data. The method proposed relies on robust simplifications and estimates employing process knowledge, energy balances and manufacturer's information. Resulting forced and delayed temporal flexibility, covering both domestic hot water and space heating demands as constraints, allows to derive a flexibility range for the heat pump system. The resulting temporal flexibility lay within the range of 24 minutes and 6 hours for forced and delayed flexibility, respectively. This range provides new insights into the system's behaviour and is the basis for estimating power and energy flexibility - the first step necessary to incorporate building energy systems into demand side management programs.
A covariance matrix self-adaptation evolution strategy for optimization under linear constraints
(2018)
Purpose – The purpose of this study is to explore the exogenous and endogenous drivers of the high-growth of Unicorn start-ups along their life cycle, with a particular focus on Unicorns in the fintech industry.
Design/methodology/approach – The study employs an explorative longitudinal analysis with a matched pair of two cases of Unicorns start-ups with similar antecedent features to understand holistically drivers over the longer term.
Findings – High-growth patterns over the longer term are the result of a combined industry- and company-life cycle perspective. Drivers and growth patterns vary significantly according to the time of entry in the industry and
its development status. The findings are systematised within a set of propositions to be tested in future research.
Research limitations/implications – The limitations lie in empirical evidence, as the analysis is limited to one matched-pair. The revealed Unicorns’ drivers for long-term growth might encourage future research to further investigate these drivers on a larger scale.
Practical implications – The study offers practical recommendations for start-ups with high-growth ambitions and advice to policy makers regarding the development of tailor-made support programs.
Originality/value – The study significantly extends extant work on growth and high-growth by examining endogenous and exogenous triggers over time and by linking the Unicorn-life cycle to the industry life cycle, an approach which has, to the best of the authors’ knowledge, not yet been applied.