• Title/Summary/Keyword: Demand-side impact

Search Result 41, Processing Time 0.023 seconds

Database Construction for Electricity Demand-Side Management (전력수요관리 데이터베이스 구축)

  • Park, Jong-Jin;Rhee, Chang-Ho;Kim, Chang-Soo
    • Proceedings of the KIEE Conference
    • /
    • 2000.07a
    • /
    • pp.310-312
    • /
    • 2000
  • This paper presents database for electricity demand-side management. Demand-Side Management(DSM) refers to programs that influence the usage of energy for improved economic efficiency and reduced environmental impact DSM can be looked upon as a tool for energy utilities to find resources on the demand side instead of on the supply side, or as a more general tool for society to better use and distribute scarce resources. In this paper, we construct the database for electricity demand-side management and apply it to residential and commercial sector.

  • PDF

Measuring the Impact of a Trade Dispute with a Supply-side Shock Using a Supply-driven Input-Output Analysis: Korea-Japan Dispute Case

  • KIM, DONGSEOK
    • KDI Journal of Economic Policy
    • /
    • v.43 no.1
    • /
    • pp.29-52
    • /
    • 2021
  • The purpose of this paper is to measure the impact of the recent Korea-Japan trade dispute on the Korean economy using supply-driven input-output analysis. In July 2019, Japan announced the decision to tighten the export control of three materials which are indispensable in the manufacturing of semiconductors and electronic display panels. Japan's decision directly affects production in Korea's semiconductor and display sectors and is hence not a demand shock. For this reason, a standard demand-driven input-output analysis is not valid despite the fact that it can still be applied. The impact of Japan's decision on Korea's aggregate and individual sectors' gross output, GDP and employment were computed using both methods.

Development and Application of an Energy Input-Output Table for an Energy Demand and Supply Activities Analysis

  • Pruitichaiwiboon, Phirada;Lee, Cheul-Kyu;Baek, Chun-Youl;Lee, Kun-Mo
    • Environmental Engineering Research
    • /
    • v.16 no.1
    • /
    • pp.19-27
    • /
    • 2011
  • This paper introduces an approach to identify the total energy consumption with subsequent $CO_2$ emissions, for both industrial and non-industrial sectors. Statistical data for 2005 were compiled in a national account system to construct an energy input-output table for investigating the influence between energy demand and supply activities. The methodological approach was applied to South Korea. Twelve types of energy and fifteen industrial and non-industrial sectors are formed as the compartments of the input-output table. The results provided quantitative details of the energy consumption and identified the significant contributions from each sector. An impact analysis on the $CO_2$ emissions for the demand side was also conducted for comparison with the supply side.

Influence of Stacking Condition on Collision Safety of CFRP Side Member (적층구성이 CFRP 사이드 부재의 충돌안전성에 미치는 영향)

  • Hwang, Woo Chae;Yang, In Young
    • Journal of the Korean Society of Safety
    • /
    • v.29 no.3
    • /
    • pp.14-19
    • /
    • 2014
  • The global demand for reduction in the weight of automobiles has led many countries to focus on the development of hybrid, eco-friendly, and electric cars. Reduction in the weight of materials can both increase fuel efficiency and maximize automobile performance. Therefore, the design of automobile should be inclined towards the safety aspects. but at the same time, it also consider reducing the structural weight of an automobile. In this study, CFRP side members with circular and double hat shaped section was manufactured. The impact collapse tests performed with change of the stacking condition, such as variation of interface number and outerlayer angle. The impact collapse load and absorbed energy were quantitatively analyzed according to the changes in section shapes and stacking condition. This analysis was performed to obtain design data that can be applied in the development of optimum lightweight members for automobiles.

An Analysis of Demand-side Factors in Korea's Movie Industry (한국 영화산업의 수요 측면 변수 분석)

  • Cho, Byung-Ki;Koh, Chan
    • Journal of Digital Convergence
    • /
    • v.8 no.2
    • /
    • pp.103-114
    • /
    • 2010
  • People generally focus on the supply side when conducting a study on the movie industry. However, to understand the movie industry better, one needs to analyze both sides - the demand and supply of movies. This paper analyzes demand-side factors that have long been taken for granted in Korea's movie industry. The study used data for 1991~2008 on the following demand-factors : the average ticket prices, the number of working days and hours, the average personal income, the number of spectators for the two major professional sports, cable TV, the number of movies released each year and the number of movie screens. This study shows that ticket prices do not conform to the law of demand. According to the law of demand, increasing price leads to a decline in demand. However, in reality, the number of viewers went up along with ticket prices. The study found that demand for movies was correlated to income levels and leisure time. An increase in the number of leisure hours and income levels pushed up demand. Contrary to general belief, a growth in the availability of substitutes, such as professional sports(soccer and baseball), did not result in a fall in demand for movies. The audiences for both sports and movies grew simultaneously as the amount of leisure time increased. Contrary to the general expectations that more diversified genres of movies will draw larger audiences by satisfying different individual tastes, the diversification had little impact, but the number of movie screens was positively correlated with audience size. In sum, changes in ticket prices and the quantity of substitutes had little influence on demand in the movie industry. Rather, it was the supply side of the industry that induced demand.

  • PDF

Electricity Energy Savings Evaluation of Inverter DSM Program based on the Measurement and Estimation

  • Kim, Hoi-Cheol;Kim, In-Soo;Park, Jong-Bae;Shin, Joong-Rin
    • KIEE International Transactions on Power Engineering
    • /
    • v.11A no.4
    • /
    • pp.45-50
    • /
    • 2001
  • The impact evaluation of a DSM program is a very important issue since the results are used to determine the sustainability of a program. In general. to estimate the impacts of a DSM program it is required to measure the electricity usage changes before and after a program. Since the measurement-based approaches cost highly, most of the conventional evaluations are based on the average figures. However estimation of the average-based impacts can lead to both distorted results of over/under estimation of kW and kWh savings and non-optimal DSM planning. In this paper, we have developed a new multi-point measurement approach which can evaluate kW and kWh savings of a DSM program more exactly. To do this, the saving rate and operating rate are defined and set as the function of load factor of a customer, and these rates are incorporated with the conventional diffusion function of Bass to project the future impacts of a DSM program. The case study is performed on the inverter program of Korea by using the suggested approach.

  • PDF

A Benefit-Cost Analysis on the DSM Programs (DSM 프로그램의 비용효과 분석)

  • 오영진;김발호;박종배
    • The Transactions of the Korean Institute of Electrical Engineers A
    • /
    • v.52 no.9
    • /
    • pp.535-541
    • /
    • 2003
  • Demand Side Management (DSM) activities have been designed to encourage customers to modify their patterns of electricity consumption including the timing and level of electricity demand. The role of DSM has been more and more important in the point of social energy utilization on the limited resources. The objectives of DSM are generally related to load reductions and generation cost savings. This paper presents an approach to B/C analysis to evaluate the impact of DSM programs especially on the strategic conservation and the load management programs. The proposed approach embedding the existing B/C analyses is applicable to the new electricity market. Case studies show the B/C ratio and the avoided cost due to the impact of DSM programs.

A Study on the V2G Application using the Battery of Electric Vehicles under Smart Grid Environment (스마트그리드 환경에서 전기자동차 배터리를 이용한 V2G의 활용방안에 관한 연구)

  • Choi, Jin-Young;Park, Eun-Sung
    • The Transactions of the Korean Institute of Electrical Engineers P
    • /
    • v.63 no.1
    • /
    • pp.40-45
    • /
    • 2014
  • This study examines the system and process of battery stored energy in vehicles and suggest the effective area for the use of V2G(vehicle-to-grid) from Jeju Smart Grid Demonstration Project. V2G means technology of electric power transmission from the battery of electric-drive vehicles to state grid. As for the increasing of effectiveness for demand-side control, V2G is a very good alternative. In the U.S., the utilization of electric vehicles is under 40% on average. In this case, we can use he battery of electric vehicle as role of frequency regulation or generator of demand-side resource. V2G, which is the element of Smart Transportation, consists of electric vehicle battery, BMS(battery management system), OBC(on-board charger), charging infrastructure, NOC(network operating center) and TOC(total operation center). V2G application has been tested for frequency regulation to secure the economical efficiency in the United States. In this case, the battery cycle life is not verified its disadvantage. On the other hand, Demand Response is required by low c-rate of battery in electric vehicle and It can be small impact on the battery cycle life. This paper concludes business area of demand response is more useful than frequency regulation in V2G application of electric vehicles in Korea. This provides the opportunity to create a new business for power grid administrator with VPP(virtual power plant).

Measuring the Impact of Competition on Pricing Behaviors in a Two-Sided Market

  • Kim, Minkyung;Song, Inseong
    • Asia Marketing Journal
    • /
    • v.16 no.1
    • /
    • pp.35-69
    • /
    • 2014
  • The impact of competition on pricing has been studied in the context of counterfactual merger analyses where expected optimal prices in a hypothetical monopoly are compared with observed prices in an oligopolistic market. Such analyses would typically assume static decision making by consumers and firms and thus have been applied mostly to data obtained from consumer packed goods such as cereal and soft drinks. However such static modeling approach is not suitable when decision makers are forward looking. When it comes to the markets for durable products with indirect network effects, consumer purchase decisions and firm pricing decisions are inherently dynamic as they take into account future states when making purchase and pricing decisions. Researchers need to take into account the dynamic aspects of decision making both in the consumer side and in the supplier side for such markets. Firms in a two-sided market typically subsidize one side of the market to exploit the indirect network effect. Such pricing behaviors would be more prevalent in competitive markets where firms would try to win over the battle for standard. While such qualitative expectation on the relationship between pricing behaviors and competitive structures could be easily formed, little empirical studies have measured the extent to which the distinct pricing structure in two-sided markets depends on the competitive structure of the market. This paper develops an empirical model to measure the impact of competition on optimal pricing of durable products under indirect network effects. In order to measure the impact of exogenously determined competition among firms on pricing, we compare the equilibrium prices in the observed oligopoly market to those in a hypothetical monopoly market. In computing the equilibrium prices, we account for the forward looking behaviors of consumers and supplier. We first estimate a demand function that accounts for consumers' forward-looking behaviors and indirect network effects. And then, for the supply side, the pricing equation is obtained as an outcome of the Markov Perfect Nash Equilibrium in pricing. In doing so, we utilize numerical dynamic programming techniques. We apply our model to a data set obtained from the U.S. video game console market. The video game console market is considered a prototypical case of two-sided markets in which the platform typically subsidizes one side of market to expand the installed base anticipating larger revenues in the other side of market resulting from the expanded installed base. The data consist of monthly observations of price, hardware unit sales and the number of compatible software titles for Sony PlayStation and Nintendo 64 from September 1996 to August 2002. Sony PlayStation was released to the market a year before Nintendo 64 was launched. We compute the expected equilibrium price path for Nintendo 64 and Playstation for both oligopoly and for monopoly. Our analysis reveals that the price level differs significantly between two competition structures. The merged monopoly is expected to set prices higher by 14.8% for Sony PlayStation and 21.8% for Nintendo 64 on average than the independent firms in an oligopoly would do. And such removal of competition would result in a reduction in consumer value by 43.1%. Higher prices are expected for the hypothetical monopoly because the merged firm does not need to engage in the battle for industry standard. This result is attributed to the distinct property of a two-sided market that competing firms tend to set low prices particularly at the initial period to attract consumers at the introductory stage and to reinforce their own networks and eventually finally to dominate the market.

  • PDF

Vibration Characteristics and Drop Impacts of Bear Glass Bottles During Truck Transit (트럭 운송시 맥주용 유리병의 진동 및 낙하 특성)

  • Park, Su-Il;Park, In-Sik
    • KOREAN JOURNAL OF PACKAGING SCIENCE & TECHNOLOGY
    • /
    • v.15 no.3
    • /
    • pp.77-81
    • /
    • 2009
  • There has been an increasing demand on measurement of the vibration levels in commercial truck shipments, where all packaged products are exposed to some levels of random vibration and shock. In this study, bear glass bottles loaded at the front, middle, and rear positions of 11 tonne truck bed was shipped from Kwangju to Waegouan. Vertical direction vibration levels were analysed and matching laboratory random vibration test was performed using power spectral density (PSD) profiles derived from truck transit records. Also, the effects of drop hight on glass bottles were evaluated. As expected, the maximum vibration levels were recorded at the rear of truck bed. No breakage of bottles were observed during truck transit and laboratory random vibration testing set at 0.52 $G_{rms}$. In drop test, glass bottles were not damaged by bottom side impact, while short side drop impact caused about twice higher bottle breakage rate than that of long side drop impact at 30 cm and 40 cm drop hight.

  • PDF