Latest News Archive

Please select Category, Year, and then Month to display items
Years
2019 2020 2021
Previous Archive
05 June 2019 | Story Leonie Bolleurs | Photo Leonie Bolleurs
Lucas Erasmus and Prof Hendrik Swart
Lucas Erasmus and Prof Hendrik Swart (right) are working on a joint project with Ghent University to find an attractive solution to address the energy demands of buildings, electric motor vehicles, and mobile electronics.

With a constant increase in the price of electricity, any innovation to replace this necessity in our daily lives is welcome. 

The University of the Free State (UFS), whose vision is supported by an element of innovation, welcomes the recent agreement between its Department of Physics and Ghent University.

Attractive solution


Not only will this research – which aims to develop the materials necessary for transparent solar panels – enlarge the international research footprint of the UFS, but it is also an attractive solution to address the energy demands of buildings, electric motor vehicles, and mobile electronics without affecting their appearance.

According to Prof Hendrik Swart, from the UFS Department of Physics, the agreement between the two universities entails a joint doctoral degree in which both universities will supervise the project and the awarding of the doctorate. The student, Lucas Erasmus, will conduct research at both institutions.

Transparent solar panel

The idea with the research is to develop glass that is transparent to visible light, just like the glass you find in the windows of buildings, motor vehicles, and mobile electronic devices. However, by incorporating the right phosphor materials inside the glass, the light from the sun that is invisible to the human eye (ultraviolet and infrared light) can be collected, converted, and concentrated to the sides of the glass panel where solar panels can be mounted. This invisible light can then be used to generate electricity to power these buildings, vehicles, and electronic devices. The invention is therefore a type of transparent solar panel.

Implemented in cellphone screens

This technology can be implemented in the building environment to meet the energy demands of the people inside the buildings. 

The technology is also good news for the 4,7 billion cellphone users in the world, as it can be implemented in the screens of cellphones, where the sun or the ambient light of a room can be used to power the device without affecting its appearance. 

Another possible application is in electric cars, where the windows can be used to help power the vehicle.

Low-income housing

Erasmus added: “We are also looking at implementing this idea into hard, durable plastics that can act as a replacement for zinc roofs.” 

“This will allow visible light to enter housing, and the invisible light can then be used to generate electricity. The device also concentrates the light from a large area to the small area on the sides where the solar panels are placed; therefore, reducing the number of solar panels needed and, in return, reducing the cost.”

The technology will take about a decade to implement.

“This study is currently ongoing, and we are experimenting and testing different materials in order to optimise the device in the laboratory. After this, it needs to be upscaled in order to test it in the field. It is truly the technology of the future,” said Erasmus.

Video: Barend Nagel

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


We use cookies to make interactions with our websites and services easy and meaningful. To better understand how they are used, read more about the UFS cookie policy. By continuing to use this site you are giving us your consent to do this.

Accept