• Journal of Energy Engineering
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• v.21 no.1
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• pp.33-42
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• 2012

In this study, long-term greenhouse gas reductions expected passenger sector was used for the MESSAGE. Green Car road map proposed BAU scenario, Enhanced diffusion green car scenario, and price 1, 2 scenarios was configured with four scenarios. Enhanced diffusion green car in the scenario, in 2050 compared to BAU scenario 13% of the emissions will decrease. Price 1 and Price 2 scenario is emissions reduction of 14% compared to BAU. This study consists of six chapters. Introduction of MESSAGE, creation and RES in the year and the target year set a different base line and the passenger building materials sector activities, steps for passenger sector scenario and Based on the results of running the emissions reductions were to describe.

• Environmental and Resource Economics Review
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• v.15 no.2
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• pp.297-318
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• 2006

Imported natural gas has been consumed by urban gas use and generation sector in Korea. The share of generating sector in total demand for natural gas is only 33% at 2000. This paper examines the potential of natural gas use in generation sector in the future. We build some hypothetical but realistic scenarios reflecting rapidly changing economic environment. We used standard programs for plant mix decision under those scenarios. We found that it is very likely to have high gas demand in the future, if we remove the cross-subsidizing price structure.

• Journal of the Korean Society of Food Science and Nutrition
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• v.36 no.1
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• pp.124-130
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• 2007

The purposes of this study were (1) to analyze price sensitivity, (2) to define the range of acceptable prices for each foreign segment, and (3) to provide a price model for Korean traditional restaurants. From October to November, 2006, a total of 781 foreigners responded to individual surveys. Statistical analyses on the survey data were performed using descriptive statistics and Price Sensitivity Measurement (PSM). Major findings from the study are as follows: First, the ranges of the acceptable prices were $98$\sim$$130 for fine dining/gourmet restaurants, $70$\sim$$90 for theme/ambience restaurants, $40$\sim$$60 for popular/family restaurants, and $18$\sim$$30 for convenience/fast food restaurants. Second, the convenience/fast food restaurants showed the highest price sensitivity. Third, a low stress level and wide range of the acceptable price were observed for the fine dining/gourmet restaurants, suggesting that the price sensitivity of the fine dining/gourmet restaurants was quite low. Finally, the price sensitivity indicated by the Japanese was higher than by the other groups. In consequence, the research findings suggest that the managers of the Korean traditional restaurants should strategically plan prices by understanding different customers' price sensitivity within and between customer segments. Through additional research, marketers can compare perceptions of specific brands, the competition, and variations within a product line.

• Electronics and Telecommunications Trends
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• v.18 no.3 s.81
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• pp.49-55
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• 2003

본 연구는 초기의 기대와는 달리 침체된 수요를 보이고 있는 공중무선랜서비스의 수요 지체 원인을 분석한다. 공중무선랜서비스의 수요는 정부의 주파수 정책, 사업자간 로밍 전략, 휴대용 단말기의 기술력과보급률, 사업 전략과 고객의 행태 등이 복잡하게 얽혀 있다. 본 연구에서는 특히 고객의 행태에 초점을 맞추어 수요 지체원인을 분석하고 사업자에게 시사점을 제공한다. 이를 위해 서비스의 잠재 고객을 정의한후 이들을 대상으로 설문조사를 실시하고 설문 결과에 로지스틱 회귀분석을 적용하여 서비스 가입 의사결정에 주요한 영향을 미치는 요인을 분석한다. 분석결과 매월 지불비용과 NIC 가격이 잠재 고객의 서비스 가입에 결정적인 영향을 미치는 것으로 판명되었다. 또한 서비스 가입에 있어서 집단심리 효과가 존재하는 것으로 밝혀졌다.

• Korean Journal of Agricultural Science
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• v.32 no.2
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• pp.127-150
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• 2005

Under the WTO system, the farm size expansion or the existing korean agricultural structure should be improved to cope with farm income decrease and to continue rice cultivation for food security in the future. This study is aimed at identifying optimum farm size under trade liberalization and import and export parity price system of inputs and outputs. The optimum farm size expressed the minimum point of long run average cost is determined as 15.1ha. The farm size to be equalized as urban laborer's income of 37,361 thousand won per year was revealed 30ha. Therefore the G't recommended farm size of 6ha should be changed to 30ha and the concerned policies for agricultural structure improvement also should be changed to more flexibilitiy.

• The Transactions of the Korean Institute of Electrical Engineers A
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• v.49 no.8
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• pp.374-379
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• 2000

The nodal marginal cost and the congestion charge are used as the econimic signals for the electricity price and new invetments in deregulated power systems. In this paper, the nodal marginal cost and the congestion charge are calculated by using the shadow prices resulted from the calculation of Optimal Power Flow(OPF). Linearization of inequality constraints and piecewise linear cost functions make an OPF problem LP-based forms. In order to use the shadow price, the Interior Point(IP) algorithm is applied as a solution technique to the formulation. This paper proposes an algorithm to determine efficients initial points which are guaranteed to be interior points.

• The Transactions of the Korean Institute of Electrical Engineers A
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• v.49 no.5
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• pp.220-225
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• 2000

As a competition is introduced in the electricity supply industry, a congestion problem arises in the transmission network. The congestion causes the transmission cost to increase. One way to decrease the congestion cost is to control the transmission flow through the installation of TCSC(Thyrister Controlled Series Capacitor). This paper deals with the optimal site of the TCSC for reducing the congestion cost using a shadow price which is one of the economic signals for the systems. Test results show that the site of the TCSC is optimal to minimize the congestion cost by the proposed algorithm.

• Proceedings of the KIEE Conference
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• 2008.07a
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• pp.566-567
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• 2008

한국의 전력 산업은 현재 개발도상국들의 급속한 경제성장에 의해 연료가격이 상승하고 NIMBY현상으로 인해 발전설비의 확장에 필요한 입지선정에 어려움을 겪고 있다. 이러한 현상은 설비의 확장을 통한 공급측 수요관리(Supply-Side Management)에서 벗어나 전력사용의 효율성을 향상시킴으로써 안정적인 전력을 공급하는 수요측 관리(Demand-Side Management)의 중요성을 점차 크게 하고 있다. 수요측관리는 지원금을 이용하여 전력수요를 조절하고 있으며, 수요관리의 중요성이 커짐에 따라 지원금 규모는 점점 커지고 있다. 하지만 현재 지원금 산정에 대한 구체적인 연구가 진행되고 있지 않은 실정이므로 이에 대한 연구를 통해 더욱 효율적인 지원금 산정을 통한 수요관리 효과를 극대화 할 필요가 있다. 본 논문에서는 07년도에 지원금변화에 대한 잠재참여자의 선호도를 조사한 "지원금에 대한 수용가 반응도 조사"를 이용하여, 지원금 변화에 따른 수요관리 프로그램의 잠재참여자의 참여도를 수식화 함으로써 지원금 변화에 대한 수요관리 프로그램의 영향도를 분석할 수 있게 하는데 목적을 두고 있다.

• Journal of the Korean Data Analysis Society
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• v.20 no.6
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• pp.2953-2966
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• 2018

Housing prices are closely related to various variables that indicate macroeconomic conditions. In this paper, empirical analysis based on data is performed referring to previous studies. Focusing on the policy interest rate among the factors affecting the housing price, the non-linear impulse responses of other variables to the interest rate shock are analyzed. Using the random forest algorithm, the variable importance scores of the macroeconomic variables presented in the previous studies are calculated. After selecting the variables through this process, the impulse responses are calculated using a model that can capture non-linearity. According to the model, the responses of housing prices to the policy rate is only significant when the rate is raised. Especially, the impulse response is amplified when the shock increases due to the non-linear characteristics that can not be captured by the traditional VAR methodology. The analysis results suggest that the interest rate as a policy instrument should be approached from a more cautious perspective.

• Environmental and Resource Economics Review
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• v.31 no.4
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• pp.645-668
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• 2022

Hydrogen energy is emerging as an important means of carbon neutrality in the various sectors including power, transportation, storage, and industrial processes. Fuel cell power plants are the fastest spreading in the hydrogen ecosystem and are one of the key power sources among means of implementing carbon neutrality in 2050. However, high volatility in system marginal price (SMP) and renewable energy certificate (REC) prices, which affect the profits of fuel cell power plants, delay the investment timing and deployment. This study applied the real option methodology to analyze how the dual uncertainties in both SMP and REC prices affect the investment trigger price level in the irreversible investment decision of fuel cell power plants. The analysis is summarized into the following three. First, under the current Renewable Portfolio Standard (RPS), dual price uncertainties passed on to plant owners has significantly increased the investment trigger price relative to one under the deterministic price case. Second, reducing the volatility of REC price by half of the current level caused a significant drop in investment trigger prices and its investment trigger price is similar to one caused by offering one additional REC multiplier. Third, investment trigger price based on gray hydrogen and green hydrogen were analyzed along with the existing byproduct hydrogen-based fuel cells, and in the case of gray hydrogen, economic feasibility were narrowed significantly with green hydrogen when carbon costs were applied. The results of this study suggest that the current RPS system works as an obstacle to the deployment of fuel cell power plants, and policy that provides more stable revenue to plants is needed to build a more cost-effective and stable hydrogen ecosystem.