• Environmental and Resource Economics Review
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• v.24 no.3
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• pp.489-522
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• 2015

According to Law on Allocation and Trading of GHG Allowances of 2013 in Korea as well as the 2014 National Master Plan for Korean Emissions Trading System, the System should be designed to minimize the change in the market positions of the affected firms. In this paper, we investigate how that principle might become ineffective by the ways of distributing allowances and applying different accounting methods using a Cournot duopoly model. Although the way of allocating allowances freely to firms combined with accounting them for having no values would minimize their market positions, it would not the most cost-effective way of GHG reduction since it does not provide financial market with accurate informations.

• Journal of Korean Society of Transportation
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• v.29 no.4
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• pp.85-93
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• 2011

Many policies, such as transit-oriented development, encouraged use of bicycle and pedestrian, reduction of green house gas (GHG) and etc., have been deployed to support transport sustainability. Although various studies regarding GHG were presented, no one has yet adequately explained the behavior of travelers. This paper proposes a GHG emission model by highlighting its sensitivity, elasticity with regard to such travel cost as travel time, travel fare, and GHG pricing, introduced to reduce the amount of GHG in transportation system. For better estimation of GHG, the proposed model adopts (1) a production-constrained gravity model and (2) the travel distance from the origin and the destination (OD). The gravity model has a merit that it considers travel pattern between OD pairs. The model was tested with an example, and the promising results confirmed its validation and applications.

• Environmental and Resource Economics Review
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• v.27 no.2
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• pp.339-362
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• 2018

In this paper, we simulate the contribution of an increasing renewable energy to demands for fossil fuels and power supply price by estimating a cost function for the Korean electric power generation sector. Since the renewable energy is a composite input, it is not feasible to compute the price index for renewable energy due to data limit. We estimate a restricted cost function, which is derived by minimizing the costs of fossil fuels conditional on the quantity of renewable energy set to its optimal level, jointly with supply relation. In particular, derivation of the shadow price of renewable energy would make it possible to analyze potential costs incurred by power plants.

• Proceedings of the Korea Information Processing Society Conference
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• 2022.11a
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• pp.1062-1064
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• 2022

해외로 이동하고 있는 컨테이너 화물의 실시간 위치를 확인하고 기상정보 및 국제 이슈 등을 고려하여 도착 예상 시간을 계산해 화물의 도착 예정시간을 실시간으로 확인할 수 있는 서비스이다. 그동안 선박 추적 시스템은 해외 서비스에 의존해왔으며, 선사에서 자체적으로 제공하는 정보는 정확도가 40%에 미치는 한계가 존재했다. 이러한 문제점을 보완하여, 해당 서비스를 통해 빅데이터 기반의 분석과 향후 프로젝트 운영을 통해 축적될 시스템 상의 데이터와 현장의 데이터를 취합하여 높은 정확도를 이룰 수 있을 것으로 예상한다. 이를 통해 수출 기업들은 안전재고를 감축할 수 있게 되어 보관 관련 물류비용을 절감할 수 있게 될 것이다. 또한 보다 정확한 제조 일정을 수립할 수 있게 되어 과잉 생산을 방지할 수 있음을 기대해볼 수 있다.

• Proceedings of the Korea Water Resources Association Conference
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• 2021.06a
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• pp.46-46
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• 2021

국제사회는 1992년 기후변화협약 체결 이후 지구온도 상승을 2℃이하로 억제하는 등 기후변화 문제를 해결하기 위해 노력하고 있다. 그러나 1997년 선진국(38개국) 중심으로 2020년까지 탄소감축(교토의정서)을 선언하였음에도 불구하고, 미국, 중국 등의 감축의무 미참여로 인해 기후변화대응에 대한 한계를 노출한 바 있다. 그 이후 COP21(2015년)에서 모든 국가에 감축의무를 부여하는 신(新)기후체제를 출범함으로써 선진국뿐만 아니라 개발도상국도 2020년부터 탄소감축의무를 부담하게 되었다. 영국은 기후변화위원회의 권고에 따라 탄소중립경제(Net-Zero Economy) 실현을 위해 국가적 탄소배출 목표를 발표(2019년)하고 온실가스 배출 'Zero'를 기후변화법에 명시하여 모든 산업 인프라 및 환경에 적용시키려 한다. 전 세계에서 최초로 영국의 물산업 분야는 'Net Zero 2030 Routemap'을 발표하여 물산업분야의 탄소중립 실현을 위해 다양한 정책적 로드맵과 실행방안(시나리오)을 수립하였다. 이러한 실행방안은 국가정책에 부합하고 자국내 물기업의 탄소저감 실행계획의 수립을 지원하는데 그 목적이 있다. 구체적인 실행방안은 탄소중립 달성을 위해 비용, 효과, 기술수준 및 기간 등을 고려하여, ①수요주도형, ②기술주도형, ③자연친화주도형, 그리고 ④복합형으로 제시하고 있다. 실행시나리오에 따르면, 수요주도형은 상하수도 분야 수요관리 및 기술, 설비의 효율화를 통한 배출 저감 방안으로 2018~19년 기준, 총배출량 2.41MtCO2e에서 2030년까지 0.54MtCO2e으로 약 77%의 감소효과를 기대하고 있다. 기술주도형의 경우, 심각한 탄소배출 분야의 기술개발 및 혁신을 통해 배출량을 최소화하는 시나리오이며, 총배출량(2.41MtCO2e)을 0.10MtCO2e(약 96%)까지 감소시키기 위한 방안이다. 자연친화주도형은 물기업의 자산 및 그 외 지역에 자연친화적 환경조성을 통한 탄소상쇄방안을 중심으로 총배출량을 0.88MtCO2e(약 63%)까지 저감하는 효과를 나타낸다. 마지막으로 복합협은 시나리오별 실효성과 적용시기를 고려할 때 가장 효과적인 방안으로 약 74%의 저감효과를 나타내지만, 시기적절성, 효과성에서, 가장 최적의 방안으로 제시되고 있다. 본 연구는 이러한 영국 물산업 분야의 탄소중립 정책과 실행방안 분석하고 그 시사점을 제시함으로써 국내 물산업 분야의 탄소중립을 위한 구체적 실행계획 수립에 이바지하고자 한다. 물산업 분야의 탄소중립은 기존 물산업 가치사슬 변화 등 물산업 생태계 전반의 변화를 초래할 것이며, 이러한 변화는 국내 물산업의 자본·운영시장의 비용증가에 대한 도전과 신재생에너지 기술 등 탄소 중립 기술 습득 및 새로운 일자리 창출 등 신(新)시장체계에 대한 기회가 동시에 상존한다.

• KDI Journal of Economic Policy
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• v.34 no.2
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• pp.55-93
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• 2012

In Korea, energy policies are actualized through various energy-related plans. Recently, however, as high-ranking plans, which are very vision-oriented, continually set higher sector-by-sector goals, subordinate action plans, which require consistency, encounter distortions in their establishment process. Also, each subordinate action plan reveals limitations in terms of securing flexibility of the plan in responding to uncertainties of the future. These problems pose potential risks such as causing huge social costs. In this regard, with an aim to provide empirical evidence for discussions on improving the procedure for developing and executing Korea's energy plans, this study mainly analyzes the Basic Plan on Electricity Demand and Supply-one of the most important subordinate action plans-in order to explain the problems of the Basic Plan in a logical manner, and potential problems that could occur in the process of sustaining consistency between the Basic Plan and its higher-ranking plans. Further, this paper estimates the scale of social costs caused by those problems assuming realistic conditions. According to the result, in the case of where maximum electric power is estimated to be 7% (15%) less than the actual amount in the Basic Plan on Electricity Demand and Supply, the annual generation cost will rise by 286 billion won and (1.2 trillion won) in 2020. Such social costs are found to occur even when establishing and executing the Basic plan according to the target goal set by its higher-ranking plan, the National Energy Master Plan. In addition, when another higher-ranking GHG reduction master plan requires the electricity sector to reduce emissions by additional 5% in the GHG emissions from the right mix in electricity generation with 'zero' cost of carbon emission, the annual generation cost will rise by approximately 915 billion won in 2020. On the other hand, the analysis finds that since economic feasibility of electric powers in Korea varies significantly depending on their type, Korea is expected to face very small potential social costs caused by uncertainties over the future price of carbon dioxide in the process of establishing the Basic Plan.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.33 no.3
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• pp.1225-1234
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• 2013

According to the importance of greenhouse gas emissions, it grows day by day, the goverment is promoting to prepare the specific policy implementation to enhance building energy-saving design standars as the development agenda. In this study, the statistical analysis was performed by Descriptive statistics, Regression analysis, and Hypothesis testing to collect to generate and storage energy usage data in real time to settle parameter setting to affect energy consumption under energy-guzzling apartment not single building. This study is expected to be utilized as the basis for the optimum energy-saving design of the future of the building or facility energy costs rise and the demand for energy-efficient and stable management.

• Korean Journal of Construction Engineering and Management
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• v.20 no.5
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• pp.21-30
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• 2019

Environmental and energy issues such as abnormal climate and depletion of fossil fuel due to global warming have emerged as a critical task to threaten human survival. As a result, interest in the Zero Energy Building is increasing as it is an innovative building that can significantly contribute to building energy reduction and greenhouse gas reduction. In the market, however, the added cost of construction is a major stumbling block to the revitalization of the Zero Energy certification. In this study, general private apartment complexes were selected for research, detailed elements for Zero Energy certification were presented based on the construction criteria for eco-friendly houses from the initial design stage, and the cost efficiency analysis of the components for certification were presented. It has been analyzed that only Grade 3 certification can be implemented in apartments due to technical level and physical limitations. Also, after reviewing the cost trend during the lifecycle cost, all expenses can be recovered within 13 years after completion only in the case of grade 5 of the Zero Energy Building. The additional costs proposed in the present study are reflected appropriately in the review of projects for apartments scheduled for order in the future to contribute to the revitalization of the Zero Energy Building certification.

• Korean Journal of Organic Agriculture
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• v.26 no.1
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• pp.99-128
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• 2018

The cultivation area of rice as staple grains is decreasing in the domestic situation in Korea. Import volume of a duty in foreign rice is 409,000 tons for a year regardless increasing of production per unit area and decreasing of rice consumption. The total stock of rice is increasing cumulatively despite the effort for production mediation of rice. Therefore, maintenance of cultivation area and reduction of production are necessary for national foodstuffs security problems. Development of environment-friendly and low-carbon technology as alternative of global warming and aging of farm labor power is very important responsibility for descendants with creation of sustainable agriculture environment. As alternative for demand and supply stabilization of rice from all angles, first stage: extension of environment-friendly cultivation area as 17% Jeollanam-do level with maintenance of cultivation area under the present circumstances, second stage: extension of environment-friendly cultivation area as 25%, third stage: extension of environment-friendly cultivation area as 35%. From above mentioned scenario, reduction of rice production (60,000 tons), increases of production cost (59,200,000,000 Won), and reduction of income (201,500,000,000 Won) are estimated in first stage. Reduction of rice production (90,000 tons), increases of production cost (122,100,000,000 Won), and reduction of income (313,700,000,000 Won) are estimated in second stage. Reduction of rice production (380,000 tons), increases of production cost (222,000,000,000 Won), and reduction of income (464,500,000,000 Won) are estimated in third stage. From analysis results for partial tillage in transplanting cultivation complex (10ha), rice production is decreased 1.3~1.5 ton by complex. Production cost of rice is decreased and increases of income cultivation type. Gradual extension of environment-friendly agriculture and low-carbon partial tillage could be expected for environment maintenance of the territorial integrity, confidence of consumer, and high-efficiency of low-cost.

• Environmental and Resource Economics Review
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• v.29 no.2
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• pp.219-246
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• 2020

From the Phase II (2018~2020) of K-ETS, the offset credit from 'CDM projects that domestic companies and others have carried out in foreign countries' can be used in the K-ETS. As a result, stakeholders in the K-ETS market are actively developing overseas CDM projects, such as the 'high-efficiency cook stove project'. which can secure a large amount of credits while marginal cost is relatively low. This paper develops the investment decision-making model of offset project for the 'high-efficiency cook stove project' using the real option approach. Under the uncertainty of the emission allowance price, the optimal investment threshold (p^⁎) is derived and sensitivity analysis is conducted. As a result, in the standard scenario (PoA-S), the optimal investment threshold is 29,054won/ton, which is lower than the stock price (p^⁎_spot). However, allocation entities are not only economics in the CDM project, but also CDM risk factors such as non-renewable biomass ratio, cook stove replacement ratio, equity ratio with host country, investment period and submission limitation of emission allowance. In addition, offset project developers will be able to derive the optimal investment threshold for each business stage and use it for economic feasibility checks.