• Title/Summary/Keyword: Demand-Supply Approach

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A Comparative Analysis of the Germany and Korea's Bilateral Cooperation Strategy to Secure Overseas Clean Hydrogen: Focusing on the Geopolitical Perspective (독일과 한국의 해외 청정수소 확보를 위한 양자협력 전략 비교 분석: 지정학적 관점을 중심으로)

  • JUN, EUNJIN;WOO, AMI;PARK, MIRA;JUNG, HYOUNDUK;SHIN, HYUN WOO
    • Journal of Hydrogen and New Energy
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    • v.33 no.5
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    • pp.470-498
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    • 2022
  • Recently, the world has been considering hydrogen energy as the primary energy transition means to achieve carbon neutrality by 2050. In order to achieve the goal of reducing greenhouse gas emissions, Korea is also promoting a clean hydrogen economy. However, it is necessary to introduce various clean hydrogen from overseas so that the projected demand can not meet the domestically produced. For this study, we conducted the policy comparison approach between countries other than the generally considered technical and economic approaches. The finding proposes the direction of bilateral cooperation for a strategy of securing overseas clean hydrogen from a geopolitical perspective. Germany was a target country for the policy comparison since it has a high proportion of manufacturing, like Korea, and is taking the lead in the renewable-based energy transition policy. According to the survey and analysis of the policy establishment status and new projects of the two countries, Germany is promoting bilateral international cooperation in the hydrogen area with about 33 countries based on 7 types of activities. In comparison, Korea is involved in bilateral cooperation with about 12 countries on relatively few activities. Among the types of bilateral cooperation, R&D cooperation with advanced countries for hydrogen technology was a common activity type. Germany preemptively promotes cooperation for demonstration and commercialization, considering geopolitical means and strengthening manpower training and assistance on policy and regulation to preoccupy the market for the future. Therefore, it is necessary to consider establishing a network of an entire life cycle of supply and demand network that links the future market with securing clean hydrogen considering the geopolitical distribution. To this end, Korea also needs to expand bilateral cooperation countries by activity type, and it seems necessary to seek various geopolitical-based bilateral cooperation and support measures for developing countries to diversify the supply sources of hydrogen.

Spatio-temporal pattern of ecological droughts by using the Standardized Water Supply Demand Index in the Hwang River.

  • Sadiqi, Sayed Shajahan;Hong, Eun-Mi;Nam, Won-Ho
    • Proceedings of the Korea Water Resources Association Conference
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    • 2022.05a
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    • pp.158-158
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    • 2022
  • Ecological drought consequences have received a lot of attention in recent years. Thus, ecological drought was proposed as a new drought category to characterize the impact of drought on ecosystems. The current study used a unique drought index, the standardized supply-demand water index (SSDI), and a run theory to detect ecological drought occurrences and characteristics such as drought-affected area, drought severity, drought duration, drought frequency, and drought orientation in the Hwang River, an environmentally valuable region. Hence, to assess drought-prone areas, the bivariate probability and return period will be calculated using a two-dimensional joint copula. The core results show that (a) the Spatio-temporal characteristics of ecological drought were successfully recognized using the spatial and temporal identification approach; (b) in comparison to the SPEI meteorological drought index, the SSDI is more credible and can more readily and effectively capture the entire properties of ecological drought information; (c) the Hwang river had seen the most severe drought occurrences between the late 1990s and the mid-2020s, with 48.3 percent occurring before the twenty-first century; (d) Severe ecological drought occurrences occurred more frequently in most areas of the Hwang River (e) Only the drought duration and severity in the Hwang area were more responsive to temperature when temperatures rise around 1.1℃, the average drought duration and severity rise around 16 % and 26 %, respectively. This suggested that the Hwang River has been exposed to more severe heat stress in the twenty-first century. Thereupon droughts in the twenty-first century occurred with bigger affected regions, longer durations, higher frequency, and more intensity.

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An analysis of Growth Factors on the City-Gas Industry by Input-Output Structural Decomposition Analysis (구조분해분석을 통한 도시가스산업의 성장요인 분석)

  • Her, Jae-Jeong;Lim, Hea-Jin
    • Journal of Energy Engineering
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    • v.21 no.2
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    • pp.158-167
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    • 2012
  • The purpose of this paper is to examine the factors that encouraged the industrial growth of Koran city gas industry during 1995-2009, by carrying out input-output structural decomposition analysis(IO-SDA) using Syrquin's model. The results show that the main factors which contributed to the growth of the Korean city gas industry are final domestic demand(48.4%) and technological change(38.6%). By examining the results for the three periods of 1995-2000, 2000-2005, and 2005-2009, the tendency of changes between the two main factors is drawn. In contrast to the drastic decreasing tendency of the final domestic demand's contribution to the growth, 84.5%, 18.9%, and 15.4%, respectively for each period, there is an increasing tendency for technological change as seen by the results of 7.4%, 70.0%, and 42.2%, respectively. These findings may be a result from the fact that the rate of gas supply in the residential sector has been saturated recently. They are also reflective of the energy consumption trend of industrial activities as there has been a shift in the approach for supplying energy, from the traditional approach which use fossil fuels to the newer approach which uses environmentally friendly energy sources. For the continued growth of the city gas industry, policymakers sould consider greater investment in the expansion of city gas supply infrastructure for industrial activities rather than for the residential sector.

A Study on the Operation of Multi-Echelon Distribution System with Supply the Same Level. (동일수준 조달을 고려한 다단계 분배시스템 운영에 관한 연구)

  • 이내형
    • Journal of the Korea Society of Computer and Information
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    • v.6 no.4
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    • pp.163-167
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    • 2001
  • Many of these studies represent a large scale distribution network with a unified formulation by using defined symbols. This can be evaluated as a valuable progress toward accomplishing of a systematic approach the area of distribution network. Unfortunately. transportation problem and inventory policy applied in these studies have an assumption of using an unique supplier for calculating the transportation cost among each distribution echelon. This assumption can cause many problems such that transportation problem is assumed as linear problem, too many number of distribution center are allowed to operate and many more. In order to overcome above unrealistic problems, we developed an algorithm of responding to customers' demand under the refill allowance of same level supply as anew constructional method of inventory distribution network. When backorders are happened in regional distribution center, this algorithm allows transferring finished goods to customer directly from vicinal Regional distribution center instead of existing central distribution center for quick response.

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A Study on Service Improvement Plan of Technology Trade Platform (기술거래플랫폼 서비스 개선방안에 대한 연구)

  • Cho, Gyu-Dae;Hong, Jae-Bum
    • Asia-Pacific Journal of Business
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    • v.13 no.3
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    • pp.209-225
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    • 2022
  • Purpose - The domestic technology trading market is composed of a technology trading platform with the participation of technology trading institutions. The institution that operates the technology trading platform provides various support for technology transaction. The purpose of this study is to suggest improvement plans through analysis of the services provided by the technology trading platform. Design/methodology/approach - TA model was built based on existing research and the importance and satisfaction of each evaluation item of the model were identified through the hierarchical analysis process and expert opinion gathering. Then importance-satisfaction correlation analysis was applied. Findings - As a result of analyzing the importance of the technology trading platform, supply technology information, technology value evaluation, and demand technology information are in order. Technology marketing and demand technology information are areas that require focus management and there are differences according to experience and low-skilled people suggest the need to improve technology value evaluation service. Research implications or Originality - This study is significant in that it evaluated the operational performance of a technology trading platform that had not been addressed for 15 years and suggested improvement measures. Initially a series of technology transaction processes such as technology value evaluation technology matching and technology commercialization support were expanded from simple information on previous technology and this study includes these changes.

A Study of the Bullwhip Effect Across Korean Firms: Evidence from KOSPI-Listed Firms (한국 기업의 채찍효과에 대한 고찰: 코스피 상장 기업을 중심으로)

  • Soh, Seung-Bum;Park, Seung-Jae
    • Asia-Pacific Journal of Business
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    • v.13 no.3
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    • pp.281-291
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    • 2022
  • Purpose - We study whether the bullwhip effect is prevalent among Korean firms and how the characteristics of it differ from the ones in other countries. Design/methodology/approach - We obtained quarterly financial and operational information on KOSPI-listed firms in manufacturing, wholesale, and retail industries from 2013 to 2019. We explore the variation of the bullwhip effect across firms and validate hypotheses. Findings - First, we find that for the KOSPI-listed firms, the bullwhip effect is more prevalent compared with the production smoothing. We provide additional findings by using sub-samples of manufacturing firms, wholesaling and retailing firms, big-sized firms, small- and medium-sized firms, domestic-sales intensive firms, and export intensive firms. Second, we show that in general, the bullwhip effect of Korean firms increases with the days in inventory or the demand seasonality ratio. However, the persistence of demand shock does not affect the bullwhip effect of Korean firms. Research implications or Originality - We compare our results with those in other studies that use information on the U.S. and Chinese firms. Our findings show that factors explaining the bullwhip effect across Korean firms have similarities and differences compared with firms in the U.S. and Chinese firms.

Non-linear effects of demand-supply based metro accessibility on land prices in Seoul, Republic of Korea: Using G2SFCA Approach (서울시 수요-공급 기반 지하철 접근성이 토지가격에 미치는 비선형적 영향: G2SFCA 적용을 중심으로)

  • Kang, Chang-Deok
    • Journal of Cadastre & Land InformatiX
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    • v.52 no.2
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    • pp.189-210
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    • 2022
  • Cities around the world have paid attention to public transportation as an alternative to reducing traffic congestion caused by automobile usage, excessive energy consumption, and environmental pollution. This study measures accessibility to subway stations in Seoul using a supply-demand-based accessibility technique. Then, the impacts were analyzed through land prices by use and segment. As a result of analysis using the multilevel hedonic price models, accessibility considering both supply and demand for the subway had a positive effect on both residential and non-residential land prices. The effect was stronger for residential than for non-residential. Further, among the accessibility measured by the three functions, the accessibility by the Exponential function was most suitable for the residential land price, and the accessibility measured by the Power function for the non-residential land price had the highest explanatory power. Also, looking at the impacts by land price segments, it was found that higher access to metro stations had the greatest positive impacts on the most expensive segment of residential and non-residential land prices. The results of this study can be applied not only to identify the impacts of public investment on neighborhoods, but also to support real estate valuation.

A Study on the Priority Order Evaluation of the Water Supply Monitoring Technology Development for the Intelligent Underground Facility Management (지능형 지하시설물관리를 위한 상수도 모니터링 기술개발의 우선순위 평가에 관한 연구)

  • Kim, Jung-Hoon;Yi, Mi-Sook;Han, Jay-Il
    • Spatial Information Research
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    • v.16 no.2
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    • pp.263-278
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    • 2008
  • Nowaday, local governments have planned to manage intelligent underground facilities through the u-City project. But, the intelligent underground facilities are in need of the progressive approach because of the required huge financial resources. Therefore, the objectives of this research are (1) to prioritize the monitoring items of sensing technology developments, (2) to study technological feasibilities, and (3) to discover the killer application which expands ripple effects on economy. To achieve these objectives, final monitoring items were derived from the business analysis of the water supply, the local government survey, the hearing expert opinions and so on. The priority order of final monitoring items were technology developments of (1) the flowmeter flux, (2) the water leakage/crack, (3) the pressure of water supply pipes, and (4) the flux of filtration plants. The research significance is obtained from the derivation and the evaluation of the priority order and the actual demand for the water supply facility management. And, the research results will contribute to the strategic planning for the underground facility intelligence.

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A Stochastic Bilevel Scheduling Model for the Determination of the Load Shifting and Curtailment in Demand Response Programs

  • Rad, Ali Shayegan;Zangeneh, Ali
    • Journal of Electrical Engineering and Technology
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    • v.13 no.3
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    • pp.1069-1078
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    • 2018
  • Demand response (DR) programs give opportunity to consumers to manage their electricity bills. Besides, distribution system operator (DSO) is interested in using DR programs to obtain technical and economic benefits for distribution network. Since small consumers have difficulties to individually take part in the electricity market, an entity named demand response provider (DRP) has been recently defined to aggregate the DR of small consumers. However, implementing DR programs face challenges to fairly allocate benefits and payments between DRP and DSO. This paper presents a procedure for modeling the interaction between DRP and DSO based on a bilevel programming model. Both DSO and DRP behave from their own viewpoint with different objective functions. On the one hand, DRP bids the potential of DR programs, which are load shifting and load curtailment, to maximize its expected profit and on the other hand, DSO purchases electric power from either the electricity market or DRP to supply its consumers by minimizing its overall cost. In the proposed bilevel programming approach, the upper level problem represents the DRP decisions, while the lower level problem represents the DSO behavior. The obtained bilevel programming problem (BPP) is converted into a single level optimizing problem using its Karush-Kuhn-Tucker (KKT) optimality conditions. Furthermore, point estimate method (PEM) is employed to model the uncertainties of the power demands and the electricity market prices. The efficiency of the presented model is verified through the case studies and analysis of the obtained results.

A Mixed Approach for Single-Vendor-Single-Buyer Production Inventory Integration Problem (판매자-구매자 생산-재고통합 문제를 위한 Mixed Approach)

  • Lee, Dongju
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.39 no.4
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    • pp.7-14
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    • 2016
  • Unlike most researches that focus on single manufacturer or single buyer, this research studies the cooperation policy for two participants of supply chain such as single vendor and single buyer. Especially, this paper deals with single vendor-single buyer integrated-production inventory problem. If the buyer orders products, then the vendor will start to make products and then the products will be shipped from the vendor to the buyer many times. The buyer is supposed to order again when the buyer's inventory level hits reorder point during the last shipment and this cycle keeps repeated. The buyer uses continuous review inventory policy and customer's demand is assumed to be probabilistic. The contribution of this paper is to present a mixed approach and derive its cost function. The existing policy assumes that the size of shipping batch from single vendor to single buyer is increasing, called Type 1, or constant, called Type 2. In mixed approach, the size of shipping batch is increasing at the beginning part of the cycle, and then its size is constant at the ending part of the cycle. The number of shipping for Type 1 and Type 2 in a cycle in mixed approach is determined to minimize total cost. The relationship between parameters, for example, the holding cost per product, the set up cost per order, and the shortage cost per item and decision variables such as order quantity, safety factor, the number of shipments, and shipment increasing factor is figured out via sensitivity analysis. Finally, it is statistically proved that the mixed approach is superior to the existing approaches.