• Proceedings of the Korea Society for Energy Engineering kosee Conference
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• 1999.11a
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• pp.225-230
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• 1999

Since changes in crude oil price exert colossal influence upon most national economy, it is important to investigate about factors that cause the change through an appropriate crude oil price forecast. This paper examines the relationship among crude oil price, OPEC production and U.S. inventory using cointegration and error correction model. We found that crude oil price is likely to increase significantly for a given decrease in not only the OPEC production but also the U.S. inventory. Furthermore, we found that crude oil price is more elastic with respect to OPEC production in the short-run, and more elastic with respect to U.S. inventory in the long-run. Moreover, in the long-run, U.S. inventory have more an effect on crude oil price than OPEC production. Finally, crude oil price adjusts to their respective long-run equilibrium at a moderate speed, about 12% of adjustment taking place in the first year.

• Journal of Korean Society for Geospatial Information Science
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• v.21 no.4
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• pp.65-71
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• 2013

Wind shear means the variation of wind speed according to the height. Wind shear is the important factor affecting the energy production of wind turbines. Power Law is used to extrapolate wind speed data. Normally, a Power Law exponent of 0.143 is used and this is referred to as the 1/7th Power Law. The Power Law exponent is affected by atmospheric stability and surface roughness of the site. Thus, it is necessary to calculate the Power Law exponent of the site exactly for an accurate estimation of wind energy. In this study, wind resources were measured at the three Met-masts which were located in the coastal area of northeastern Jeju Island. The Power Law exponents of the sites were calculated and proposed using measured data. They were 0.141 at Handong, 0.138 at Pyeongdae, and 0.1254 at Udo. We compared annual energy productions which are calculated using a Power Law exponent of 0.143, the proposed value of the Power Law exponents for each site, and the measured data. As a result, the cases of calculating using the proposed values were more similar to the cases using the measured data than the cases using the 0.143 value. Finally, we found that the propsed values of the Power Law exponent are available to more accurately estimate wind resources.

• Journal of Energy Engineering
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• v.21 no.1
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• pp.109-117
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• 2012

The climate industry could be defined as the group of industries responding to world climate change compacts. This study confined it to renewable energy and analyzed the economic impacts of Korean renewable industry, using 2009 Input-Output Table. This study estimated that Korean renewable industry made the production-induced impact of 1.1644 won(Korean money), and the value-added-induced impact of 0.3544 won through an increase in output growth of 1 won. Its job-creation impact is analyzed to correspond to 10.065 labors through an increase in output growth of 1 billion won. And its industrial linkage effects including forward and backward ones are analyzed not to be so great as expected. According to these results, some policies vitalizing Korean renewable industry and relating industries to its value-chain as new growth engines are recommended.

• Journal of Korea Technology Innovation Society
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• v.12 no.4
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• pp.788-818
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• 2009

Renewable energy refers to solar energy, biomass energy, hydrogen energy, wind power, fuel cell, coal liquefaction and vaporization, marine energy, waste energy, and liquidity fuel made out of byproduct of geothermal heat, hydrogen and coal; it excludes energy based on coal, oil, nuclear energy and natural gas. Developed countries have recognized the importance of these energies and thus have set the mid to long term plans to develop and commercialize the technology and supported them with drastic political and financial measures. Considering the growing recognition to the field, it is necessary to analysis up-to-now achievement of the government's related projects, in the standards of type of renewable energy, management of sectional goals, and its commercialization. Korean government is chiefly following suit the USA and British policies of developing and distributing renewable energy. However, unlike Japan which is in the lead role in solar rays industry, it still lacks in state-directed support, participation of enterprises and social recognition. The research regarding renewable energy has mainly examinedthe state of supply of each technology and suitability of specific region for applying the technology. The evaluation shows that the research has been focused on supply and demand of renewable as well as general energy and solution for the enhancement of supply capacity in certain area. However, in-depth study for commercialization and the increase of capacity in industry followed by development of the technology is still inadequate. 'Cost-benefit model for each energy source' is used in analysis of technology development of renewable energy and quantitative and macro economical effects of its commercialization in order to foresee following expand in related industries and increase in added value. First, Investment on the renewable energy technology development is in direct proportion both to the product and growth, but product shows slightly higher index under the same amount of R&D investment than growth. It indicates that advance in technology greatly influences the final product, the energy growth. Moreover, while R&D investment on renewable energy product as well as the government funds included in the investment have proportionate influence on the renewable energy growth, private investment in the total amount invested has reciprocal influence. This statistic shows that research and development is mainly driven by government funds rather than private investment. Finally, while R&D investment on renewable energy growth affects proportionately, government funds and private investment shows no direct relations, which indicates that the effects of research and development on renewable energy do not affect government funds or private investment. All of the results signify that although it is important to have government policy in technology development and commercialization, private investment and active participation of enterprises are the key to the success in the industry.

• International Area Studies Review
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• v.22 no.1
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• pp.41-60
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• 2018

It is widely known that the increased productivity lead to a decrease in energy consumption. The policy for reducing energy consumption is also focusing on the improvement of firm's productivity. However, the issue of productivity dilemma phenomenon is recently raised in various fields. It is phenomenon that the increased productivity rather lead to a increased in energy consumption through a rise in output. This paper analyzed the presence of productivity dilemma in korean firm using Tang et al(2015)'s theoretical model. To closely analyze, I performed the analysis using 715 firms during 2011-2015 and estimated the model using system GMM to minimize the endogeneity. The results show that total effect of productivity had a significantly negative coefficient. It is implies that the increased productivity doesn't increase energy consumption. In other word, this paper could not identified productivity dilemma and so did in overseas investment firm and national firm cases.

• Proceedings of the Korea Forestry Energy Research Society Conference
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• 2011.02a
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• pp.37-40
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• 2011

• Proceedings of the Korea Information Processing Society Conference
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• 2012.11a
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• pp.389-392
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• 2012

에너지관리 지원 서비스는 공장 내에서 일어나는 전력발전 및 전력할당을 데어터 분석 기법 등을 이용하여 효과적으로 관리하는 것을 목적으로 한다. 특히 그 중에서도 태양광, 풍력 등 친환경 에너지를 이용한 에너지관리 시스템은 비용절감 뿐만 아니라 환경보호 측면에서도 중요한 문제라 할 수 있다. 이들 친환경 에너지를 제대로 이용하기 위해서는 그들의 발전량을 정확히 예측할 필요가 있지만 현재의 시스템에는 가장 기본적인 예측법인 최근접 이웃법을 사용하고 있다. 최근접 이웃법의 경우 노이즈와 아웃라이어에 민감하다는 단점이 있기 때문에 이들 상황에 대처할 수 있는 보다 정교한 예측법이 필요하다.

• The Journal of the Korea institute of electronic communication sciences
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• v.14 no.1
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• pp.155-160
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• 2019

In this paper, we propose an efficient grid-independent ESS control system through the control of renewable energy and agricultural ICT by utilizing the prediction of energy production and consumption. The proposed system is an integrated management system that can perform maintenance and monitoring by visualizing the accurate phase and data of power system. It can automatically cope, collect, process, and control the data. Also, it can analyze the power generation of solar power generation, consumption pattern of installed facilities, and operation trend of facilities. Further, it can predict the consumption of energy production and present the optimal energy management method by using the OpenAPI of the Korea Meteorological Administration, thereby reducing unnecessary energy consumption and operating cost.

• 한국신재생에너지학회:학술대회논문집
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• 2010.06a
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• pp.109.1-109.1
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• 2010

Hybrid형 석탄액화 공정은 직접액화 (Direct Coal Liquefaction, DCL)공정과 간접액화 (Indirect Coal Liquefaction, ICL)공정으로 구성 되며, 공정의 경제성을 분석하기위하여 주요 제품 (디젤, 납사) 생산량이 50,000barrel per day (BPD)의 Hybrid형 석탄액화공정을 선정하고 공정에 적합한 검토기준을 세워 건설비용 및 매출액등을 산정하였다. 또한 석탄액화공정에 대한 중요 변수들의 가격 변동에 따른 민감도 분석을 실시하였다. 생산량을 기준으로 선정된 원료탄(Illinois #6 유연탄)의 사용하였을 때, 총 투자액은 $4,114,730,000 로 나타났으며, 고정비는 $93,610,000, 변동비는 $407,225,000으로 분석되었다. 경제성 분석결과 내부수익률 (internal rate of return, IRR)은 기본조건에서 11.48%로 나타났으며, 순현가(net present value, NPV)는 $526,478,000으로 나타났다. 원금상환 기간은 6.9년으로 나타났으며, 민감도 분석 결과 제품가격, 원료석탄가격, 건설비의 변동률 순서로 수익률에 변화를 주는 것으로 나타났다. 민감도가 가장 높은 제품 가격 25% 상승 시, IRR과 NPV는 각각 17.24%, $2,804,919,000로 나타났다.

• Journal of the Architectural Institute of Korea Planning & Design
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• v.34 no.8
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• pp.13-22
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• 2018

The purpose of this study was to consider the energy generation of the building as well as the energy demand of the building in terms of zero energy building design. The reason why the zero energy building viewpoint should be discussed is that direction of the building, heat transfer rate of the building, and the S/V ratio of the building are variables related to energy demand and solar panels installed on the building roof and building envelope are variables related to energy generation. This study proceeded as follows; Firstly, the simulation model of large office and elementary school has the same mutual volume and total floor area, and the each floor area and number of floors are adjusted so that the S/V ratio is different. To the next, the energy demand and energy generation of the simulation model were derived based on the meteorological data of Seoul, Daejeon, Busan. Finally, energy demand, energy generation, and final energy demand were compared with heat transfer rate, S/V ratio, building type, region, and orientation. The results of this study is that consideration of solar power generation in terms of energy generation should be taken into consideration at the same time in consideration of the heat transfer rate, the shape, the region and the direction of the zero energy building design.