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18 March 2020 | Story Leonie Bolleurs | Photo Supplied
Solar car Team
Excited about a first for the UFS, Team UFS is entering the 2020 Sasol Solar Challenge. From the left, front, are: Fouché Blignaut, Mechatronic Engineering; Nathan Bernstein, Agricultural Engineering; Lucas Erasmus, Physics; middle: Barend Crous, Manufacturing and Instrumentation; Hendrik van Heerden, Physics (team leader); Antonie Fourie, Physics; Prof Danie Vermeulen, Dean of the Faculty of Natural and Agricultural Sciences (team director); Prof Koos Terblans, Head of the Department of Physics; Theo Gropp, Mechanical Engineering; back: Louis Lagrange, Head of the Department of Engineering; and Mark Jacson, Electronics.

An interdepartmental team from the University of the Free State (UFS) has announced that it will enter and participate in the 2020 Sasol Solar Challenge, scheduled to take place from 11 to 19 September this year. 

For the challenge, Team UFS will build a self-propelled manned vehicle that uses solar power systems to travel from point A to point B. The 14-member team of the UFS will travel on public roads from Pretoria to Cape Town via a predefined route over eight days. They will compete against more than 15 other teams, both local and international. The team that finishes with the greatest distance covered within the allotted time, will win the race. Teams will race every day between 07:30 and 17:00.

The four drivers to operate the vehicles will be selected from participating UFS departments in the coming months.

First solar car for the UFS
Dr Hendrik van Heerden from the Department of Physics has been planning the solar car project – Lengau (meaning Cheetah in Sesotho) – over the past year. He will start assembling the car in the next month together with colleagues and students from both the Departments of Physics and Engineering Sciences (EnSci).

Not only is this a dream come true, but it is also an opportunity for the UFS to show that they can do this. “We do not need the backing of a large and long-established engineering department to build a car like this, a young and vibrant team can do just as much!”, says Dr Van Heerden, who plans to complete the car within a few months, ready to be calibrated and tested later in June.

Capacity in green and sustainable engineering
“The ability of Team UFS to participate is possible due to recent research developments on photovoltaic technologies (solar cells) in the Department of Physics, a well-established leader in the field of surface and material sciences. The university also has established capacity in the fields of photoluminescence and nanomaterials (nanomaterials in energy storage). Additionally, with the establishment of EnSci, the university has expanded into this field, which will bring building capacity in the area of green and sustainable engineering to the project,” says Dr Van Heerden.

Promoting development into green technologies and 4IR
According to Dr Van Heerden, it is clear that the university wishes to become a strong role player in the development and utilisation of green energy, as can be seen in the implementation of relevant technologies on its various campuses. “Thus, for the UFS to be recognised in this research area, it is important to participate in related ‘green’ events where staff and students can build their capacity of practical knowledge by constructing participation equipment such as the solar car.”

He believes that this project has the potential to become a strong base for student training and capacity building in all technological fields, which can promote base development to 4IR.

News Archive

Producers to save thousands with routine marketing strategies, says UFS researcher
2014-09-01

 

Photo: en.wikipedia.org

Using derivative markets as a marketing strategy can be complicated for farmers. The producers tend to use high risk strategies which include the selling of the crop on the cash market after harvest; whilst the high market risks require innovative strategies including the use of futures and options as traded on the South African Futures Exchange (SAFEX).

Using these innovative strategies are mostly due to a lack of interest and knowledge of the market. The purpose of the research conducted by Dr Dirk Strydom and Manfred Venter from the Department of Agricultural Economics at the University of the Free State (UFS) is to examine whether the adoption of a basic routine strategy is better than adopting no strategy at all.

The research illustrates that by using a Stochastic Efficiency with Respect to a Function (SERF) and Cumulative Distribution Function (CDF) that the use of five basic routine marketing strategies can be more rewarding. These basic strategies are:
• Put (plant time)
• Twelve-segment pricing
• Three-segment pricing
• Put (pollination)(Critical Moment in production/marketing process), and
• Pricing during pollination phase.

These strategies can be adopted by farmers without an in-depth understanding of the market and market-signals. Farmers can save as much as R1.6 million per year on a 2000ha farm with an average yield.

The results obtained from the research illustrate that each strategy is different for each crop. Very important is that the hedging strategies are better than no hedging strategy at all.

This research can also be applicable to the procurement side of the supply chain.

Maize milling firms use complex procurement strategies to procure their raw materials, or sometimes no strategy at all. In this research, basic routine price hedging strategies were analysed as part of the procurement of white maize over a ten-year period ranging from 2002–2012. Part of the pricing strategies used to procure white maize over the period of ten years were a call and min/max strategy. These strategies were compared to the baseline spot market. The data was obtained from the Johannesburg Stock Exchange’s Agricultural Products Division better known as SAFEX.

The results obtained from the research prove that by using basic routine price-hedging strategies to procure white maize, it is more beneficial to do so than by procuring from the spot market (a difference of more than R100 mil).

Thus, it can be concluded that it is not always necessary to use a complex method of sourcing white maize through SAFEX, to be efficient. By implementing a basic routine price hedging strategy year on year it can be better than procuring from the spot market.

Understanding the Maize Maze by Dr Dirk Strydom and Manfred Venter (pdf) - The Dairy Mail


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