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A Study on World Energy Outlook and the Optimal Alternatives for Energy Technology Development: Focusing on Coal Utilization Technology  

Lee, Seong-Kon (Energy Policy Research Department, Korea Institute of Energy Research)
Kim, Jong-Wook (Energy Policy Research Department, Korea Institute of Energy Research)
Yoon, Yong-Jin (Energy Policy Research Department, Korea Institute of Energy Research)
Publication Information
Journal of Energy Engineering / v.15, no.3, 2006 , pp. 174-180 More about this Journal
Abstract
The trend and outlook of energy supply and demand have an crucial effect on not only energy sector but also korean economy due to the rapid change of energy environments with continuous high oil price such as dubai crude oil price of above $60 a barrel. Specifically, korea is the 9th largest energy consuming nation in the world and the 97 percentages of energy import totally depends on the import of energy resources in korea. Korean economy is influenced directly by the trend and outlook of world energy on account of that. Moreover, Should korea be the annex 1 country having responsibility for reducing its greenhouse gas emissions to 1990 levels by the year 2000, in 2013, The effectuation of united nations framework convention on climate change will affect korean economy severely. In this study, we analyze the supply and demand of primary energy resources such as petroleum, coal, and natural gas. we then suggest the optimal alternatives of energy technology development that play an important part, which will be a temporary bridge, in going forward with hydrogen economy in the aspects of energy policy.
Keywords
Energy supply and demand; Coal utilization technology; High oil price; UNFCCC; Hydrogen economy;
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