• Title/Summary/Keyword: Electricity IT

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The Effects of Ownership, Regulation and Marked Structure on the Pricing: Evidence from the U.S. Electricity and Natural Gas Industries (소유구조, 규제 및 시장구조가 가격에 미치는 영향에 관한 연구: 미국의 전력산업과 천연가스산업을 중심으로)

  • Kim, Dae-Wook
    • Environmental and Resource Economics Review
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    • v.17 no.4
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    • pp.751-774
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    • 2008
  • In this paper, we examine the institutional prices differences in the electricity and natural gas industries using unbalanced panel data from 1999 to 2001. The changing market structures following deregulation in both markets allow us to examine the institutional prices differences by ownership type, market structure and merger activities. Estimating the reduced form, after controlling both intrinsic characteristic (marginal costs) and external factors (demand), allows us to identify the extent to which specific factors are correlated with the price. Furthermore it allows us to identify systematic institutional price differences in both electricity and natural gas markets. Our estimation results suggest that the private firms in electricity markets are associated with higher prices than public firms after controlling for demand and cost. We further find that dual-product firms in the natural gas industry and the electricity industry are associated with lower rates than single product firms. These results provide a weak evidence of economies of scope in the dual-product firms. Our results finally suggest that merger activities in natural gas markets are associated with higher rates.

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Decomposition Analysis of Carbon Emission in Korea Electricity Industry : Utilizing the Logarithmic Mean Divisia Index Method to the Demand and the Supply Side (국내 전력산업의 탄소배출 변화요인 분석 : 로그평균디비지아지수를 이용한 수요와 공급 측면 분석)

  • Kim, Kyunam;Kim, Kangseok;Kim, Yeonbae
    • Environmental and Resource Economics Review
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    • v.19 no.2
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    • pp.243-282
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    • 2010
  • In this paper, we analyze the components and trends of carbon emissions using the Logarithmic Mean Divisia Index decomposition method in Korean electricity industry during the period 1991~2007. In the demand side, carbon emissions are affected by electricity intensity and structural shift and especially electricity intensity is identified as the major factor which has lead carbon emissions decreasing. In the supply side, the result in variations of carbon emission for electric power generation depends on the influences of fossil fuel mix, fuel intensity, generation mix and so on. As a result fuel intensity is the most negative effect on both carbon emission intensity and the amount of carbon emission while the change of generation mix has a positive effect on increasing carbon emissions. And to conclude it needs to make the strategic policies to improve electricity intensity in the demand and to rise emission efficiency as well as to substitute thermal power generation in supply side.

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Analysis of Determinants of Electricity Import and Export in Europe Using Spatial Econometrics (공간계량 방법론을 활용한 유럽의 전력수출입 결정요인 분석)

  • Hong, Won Jun;Lee, Jihoon;Noh, Jooman;Cho, Hong Chong
    • Environmental and Resource Economics Review
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    • v.30 no.3
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    • pp.435-469
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    • 2021
  • The main purpose of this study is to identify the determinants of electricity import and export in 26 European Union countries using the Spatial durbin model(SDM). In particular, we would like to mainly explain it based on the amount of power generated by each energy source. Not just the usual way of constructing a weighting matrix based on contiguity, we adopt a weighting method based on the proportion of trade among countries with connected electricity systems. Moreover, the electricity systems of European countries are directly and indirectly connected, which is reflected in the weighting matrix. According to the results, nuclear power has a positive effect on exports and a negative effect on imports, and an increase in wind and solar power has a positive effect on both exports and imports by increasing power system instability. While Korea is unable to trade electricity due to geopolitical conditions, the results of this study are expected to provide implications for energy policies.

AMI System Using Smart Electricity Meter Embedded with Home Concentrate Unit (세대집중화장치를 포함하는 스마트 전력량계를 이용한 AMI 시스템)

  • Park, Jae-Sam
    • The Journal of the Korea institute of electronic communication sciences
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    • v.14 no.3
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    • pp.537-546
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    • 2019
  • In this paper, a system that integrates a home concentrate unit(HCU) in a smart electricity meter to collects water, gas, hot water, and heating usage required for AMI has been proposed. The collected data could be transmitted to the in house display(IHD) and server to provide a more economical AMI system. The developed system is less expensive in the network configuration than the existing system, which could reduce the operating cost, and be easy to install. By applying the developed system, the usage of electricity, water, gas, hot water and heating could be measured and these make it easier to apply AMI system. The main contents of the development are the smart electricity meter and embedding of HCU into the smart electricity meter, and transferring these data to IHD and server to structure the AMI system. The each developed unit has been networked to structure the AMI system to perform the actual meter reading operation and show the result.

The effect of temperature on the electricity demand: An empirical investigation (기온이 전력수요에 미치는 영향 분석)

  • Kim, Hye-min;Kim, In-gyum;Park, Ki-Jun;Yoo, Seung-Hoon
    • Journal of Energy Engineering
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    • v.24 no.2
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    • pp.167-173
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    • 2015
  • This paper attempts to estimate the electricity demand function in Korea with quarterly data of average temperature, GDP and electricity price over the period 2005-2013. We apply lagged dependent variable model and ordinary least square method as a robust approach to estimating the parameters of the electricity demand function. The results show that short-run price and income elasticities of the electricity demand are estimated to be -0.569 and 0.631, respectively. They are statistically significant at the 1% level. Moreover, long-run income and price elasticities are estimated to be 1.589 and -1.433, respectively Both of results reveal that the demand for electricity is price- and income-elastic in the long-run. The relationship between electricity consumption and temperature is supported by many of references as a U-shaped relationship, and the base temperature of electricity demand is about $15.2^{\circ}C$. It is shown that power of explanation and goodness-of-fit statistics are improved in the use of the lagged dependent variable model rather than conventional model.

Enabling Fine-grained Access Control with Efficient Attribute Revocation and Policy Updating in Smart Grid

  • Li, Hongwei;Liu, Dongxiao;Alharbi, Khalid;Zhang, Shenmin;Lin, Xiaodong
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.9 no.4
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    • pp.1404-1423
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    • 2015
  • In smart grid, electricity consumption data may be handed over to a third party for various purposes. While government regulations and industry compliance prevent utility companies from improper or illegal sharing of their customers' electricity consumption data, there are some scenarios where it can be very useful. For example, it allows the consumers' data to be shared among various energy resources so the energy resources are able to analyze the data and adjust their operation to the actual power demand. However, it is crucial to protect sensitive electricity consumption data during the sharing process. In this paper, we propose a fine-grained access control scheme (FAC) with efficient attribute revocation and policy updating in smart grid. Specifically, by introducing the concept of Third-party Auditor (TPA), the proposed FAC achieves efficient attribute revocation. Also, we design an efficient policy updating algorithm by outsourcing the computational task to a cloud server. Moreover, we give security analysis and conduct experiments to demonstrate that the FAC is both secure and efficient compared with existing ABE-based approaches.

Portable Energy Storage System for DC House and Emergency Response in Indonesia

  • Hudaya, Chairul;Aryani, Dwi Riana;Heatubun, Yosca Rose Anggita;Taufiqurahman, Wahyu;Verdianto, Ariono;Garniwa, Iwa;Sung, Yung-Eun
    • Journal of Appropriate Technology
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    • v.5 no.1
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    • pp.33-37
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    • 2019
  • One of main problems in developing electricity grid for archipelago country like Indonesia is the geographical concerns as it consists of many islands. In some rural areas, electricity has not been available yet due to the limited infrastructure access, leading to high investment cost. In this study, a portable energy storage system based on the lithium-ion batteries called Tabung Listrik or TaLis (DC-based power bank) and DC house system were proposed as the solution for providing electricity for rural areas with relatively lower cost. TaLis is designed to be portable so it is easy to carry around as well as it can be used for many purposes. Since 2017, TaLis prototype has been used as the energy storage in a DC house system at Sekolah Master Indonesia, where an array of PV rooftop is functioned as the main DC power supply. Besides, some TaLis were also dispatched for emergency response during the disaster situations in Indonesia, such as during the measles outbreak in Asmat-Papua, the earthquake disaster in Lombok and tsunami in Palu.

Renewable Electricity Promotion Policy in Korea - Feature and Challenges through the Comparative Analysis of EU and Japanese Policy - (한국의 신재생에너지전력 지원정책 - EU와 일본의 제도 비교분석을 통한 지원정책의 현상과 과제 -)

  • Lee, Soo-Cheol;Park, Seung-Joon
    • Journal of Environmental Policy
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    • v.7 no.4
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    • pp.1-34
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    • 2008
  • It is recognized that RPS(Renewable Portfolio Standard) and FIT(Feed-in Tariff) are two main policy instruments to promote Renewable Electricity(RE). The Korean Government announced in 2008 that RE promotion scheme will be changed to RPS from current FIT system in 2012. But we believe RPS is inferior to FIT for promoting less developed technologies such as photovoltaics or wind power. This is because the achievement of RE promotion in countries adopting RPS is markedly worse than that in European counties or Janpan adopting FIT. If the policy change is inevitable, when considering the lessons from Japan's failure as well as supporting the less developed technologies, it is recommended that either the market should be divided into several technology and scale categories, or more RPS-Credit per kWh should be assigned to the photovoltaic and wind power than instead of letting the all technologies compete in the "open category". It is also recommended that (1) Renewable Energy Promotion Fund(tentative name) based on a part of current energy related tax revenue should be introduced, or (2) cost of supporting the Renewable Electricity should automatically be transferred into the electricity bill of electricity consumers following the German System.

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Comparison of operational efficiency between sand-filtration process and membrane filtration process (모래여과 공정과 막여과 공정의 운영효율 비교)

  • Byeon, Kwangjin;Jang, Eunsu
    • Journal of Korean Society of Water and Wastewater
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    • v.31 no.6
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    • pp.529-537
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    • 2017
  • Membrane filtration process is an advanced water treatment technology that has excellently removes turbidity and microorganisms. However, it is known that it has problems such as low economic efficiency and the operating stability. Therefore, this study was to evaluate on the economical feasibility and operational stability comparison of membrane and sand filtration process in Im-sil drinking water treatment plant. For the economic analysis of each process, the electricity cost and chemical consumption were compared. In the case of electric power consumption, electricity cost is $68.67KRW/m^3$ for sand filtration and $79.98KRW/m^3$ for membrane filtration, respectively. Therefore, membrane filtration process was about 16% higher than sand filtration process of electricity cost. While, the coagulant usage in the membrane filtration process was 43% lower than the sand filtration process. Thus, comparing the operation costs of the two processes, there is no significant difference in the operating cost of the membrane filtration process and the sand filtration process as $85.94KRW/m^3$ and $79.71KRW/m^3$ respectively (the sum of electricity and chemical cost). As a result of operating the membrane filtration process for 3 years including the winter season and the high turbidity period, the filtrated water turbidity was stable to less than 0.025 NTU irrespective of changes in the turbidity of raw water. And the CIP(Clean In Place) cycle turned out to be more than 1 year. Based on the results of this study, the membrane filtration process showed high performance of water quality, and it was also determined to have the economics and operation stability.

A Study on the Learner's Recognition of Project Instruction in Automobile Electricity Fields of Engineering Technology Education (자동차 전장 분야 공학기술교육에서 프로젝트 수업에 관한 학습자 인식 연구)

  • Park, Sung-Jong;Han, Myoung-Seok
    • Journal of Engineering Education Research
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    • v.11 no.3
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    • pp.63-69
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    • 2008
  • This study provides a program to promote effective project instruction. With a 4 step learning model as preparation, planning, implementation and evaluating it was adapted to a course of study in automobile electricity fields of college. The purpose of this study was to document project process from the learner's point of view and examine the effect of project instruction with recognition of learner who has completed a course of project study. The data from 28 learner in hardware and software automobile electricity fields of college were collected and interpreted statistically by t-test at the .05 level of significance. It was concluded as follows. It emphasizes the importance not only of motivating active group effort and cooperative relationship between group members, but also communication with presentation in order to have a successful accomplishment of a project.