• 한국신재생에너지학회:학술대회논문집
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• 2006.06a
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• pp.343-346
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• 2006

Although renewable energy sources are more environmentally friendly than fossil energy sources, it is far more costly, considering current technological standards. It would not present many competitive advantages in the power market. If the renewable electricity is viable in the market, the government should take 'visible' actions to compensate production costs. Popular policies, such as Feed-In-Tariff and Renewable Portfolio Standards, can help to attract investors into generators of renewable electricity. But presently, they are mainly financed through a undifferentiated increase of electricity bills and occasionally confronted with the opposition of the electricity consumers. And most policies tend to focus on increasing the supply of renewable electricity with little consideration toward elevating the motivation of consumers. This study evaluates the potential of environmentally friendly energy consumption and examines the 'green pricing' program which realize the potential.

• KDI Journal of Economic Policy
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• v.41 no.1
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• pp.43-58
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• 2019

Since 2009, electricity consumption has developed a unique seasonal pattern in South Korea. Winter loads have sharply increased, and they eventually exceeded summer peaks. This trend reversal distinguishes these load patterns from those in the USA and the EU, where annual peaks are observed during the summer months. Using Levene's test, we show statistical evidence of a rise in temperature but a decrease in variance over time regardless of the season. Despite the overall increase in the temperature, regardless of the season there should be another cause of the increased demand for electricity in winter. With the present study using data from 1991 to 2012, we provide empirical evidence that relatively low electricity prices regulated by the government have contributed significantly to the rapid upward change in electricity consumption, specifically during the winter months in the commercial sector in Korea.

• Journal of the Korea Institute of Information and Communication Engineering
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• v.16 no.8
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• pp.1701-1710
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• 2012

Recently, it has been found that it is important to use a smart grid to reduce greenhouse-gas emissions worldwide. A smart grid is a digitally enabled electrical grid that gathers, distributes, and acts on information regarding the behavior of all participants (suppliers and consumers) to improve the efficiency, importance, reliability, economics, and sustainability of electricity services. The smart grid technology uses two-way communication, where users can monitor and limit the electricity consumption of their home appliances in real time. Likewise, power companies can monitor and limit the electricity consumption of home appliances for stabilization of the electricity supply. However, if information regarding the measured electricity consumption of a user is leaked, serious privacy issues may arise, as such information may be used as a source of data mining of the electricity consumption patterns or life cycles of home residents. In this paper, we propose a data transaction protocol for privacy protection in a smart grid. In addition, a power company cannot decrypt an encrypted home appliance ID without the user's password.

• KIPS Transactions on Software and Data Engineering
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• v.9 no.12
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• pp.419-430
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• 2020

This paper investigated methods to improve the forecasting accuracy of the electricity consumption prediction model. Currently, the demand for electricity has continuously been rising more than ever. Since the industrial sector uses more electricity than any other sectors, the importance of a more precise forecasting model for manufacturing sites has been highlighted to lower the excess energy production. We propose a double encoder-decoder model, which uses two separate encoders and one decoder, in order to adapt both long-term and short-term data for better forecasts. We evaluated our proposed model on our electricity power consumption dataset, which was collected in a manufacturing site of Sehong from January 1st, 2019 to June 30th, 2019 with 1 minute time interval. From the experiment, the double encoder-decoder model marked about 10% reduction in mean absolute error percentage compared to a conventional encoder-decoder model. This result indicates that the proposed model forecasts electricity consumption more accurately on manufacturing sites compared to an encoder-decoder model.

• Proceeding of Spring/Autumn Annual Conference of KHA
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• 2008.11a
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• pp.261-265
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• 2008

To solve the lack of housing, our country has supplied an enormous volume of apartments, and these days it occupies 75% of our buildings. As apartments occupy most of our housings, the rate of energy usage from them are also high. On this, setting apartment energy reduction as a target, by researching the actual conditions of energy consumption and drawing a basis data, we can apply this as a way of saving energy, rationalization of the scale of energy supply facilities and a standard when planning facilities. To grasp the present condition of energy usage of the urban rental apartment, this research analysed the use of electricity, gas and water monthly and annually of a rental apartment that is located in Daegu. The results showed that in 2003 the electricity usage was 1,198MWh but 1,315MWh in 2007, which means 9% of electricity usage increases every year. The average of water usage was $85,072m^2$ per year and they used $604.2MJ/m^2$ Typical energy consumption unit on $74.4m^2$ of area and $448.8MJ/m^2$ on $105.8m^2$. By showing the usage of energy and water of the urban rental apartment, understanding the tendency and preparing an Typical energy consumption unit standard through this research, apartments should use energy more efficiently.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.4
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• pp.613-624
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• 2021

This paper analyzes the relationship between income distribution and energy consumption from a Pareto optimal approach. For this purpose, the causality relationship between electricity consumption per capita (kWh) with respect to country groups and energy consumption per capita (kg of oil equivalent) along with gross domestic product per capita was analyzed. In addition to this purpose, a Pareto analysis was conducted to determine the countries with the highest per capita national income, how much of the world total energy they consume, and whether the law of power in the energy and electricity markets exists. Finally, the impact of official development assistance provided to low-income countries by high-income countries on the low-income countries' electricity and energy consumption was analyzed. In other words, it was questioned whether pareto redistribution policies serve the purpose or not. The Engle-Granger causality approach was used in the analysis of the causality relationship between variables. Our analysis indicated that, first, the energy data of the country groups may be inadequate in revealing income inequalities. Second, the existence of Pareto law of power and global income inequality can be explained based on energy data. Finally, Pareto optimal redistribution policies to eliminate income inequality remain inadequate in practice.

• Environmental and Resource Economics Review
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• v.21 no.3
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• pp.573-593
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• 2012

The paper examined the relationship between total and sector level electricity consumptions and economic growth in Korea for the period of 1980-2009. The results of unit-roots and cointegration tests show that all variables-real GDP, total, primary, manufacture, and service sector electricity consumptions-were not stationary and there were no linear combinations in the long run between electricity consumptions and economic growth. Thus, by using standard Granger-causality test we found that total, primary, and manufacture sector electricity consumptions were Granger-caused by economic growth, not vice versa. This means that causality runs from economic growth to each electricity consumption. However, there is no causal relationship between service sector electricity consumption and economic growth. These results imply that the government policies aimed at reducing electricity consumptions and increasing energy efficiency etc. can be feasible without deterring economic growth in Korea.

• Proceedings of the Korean Institute of IIIuminating and Electrical Installation Engineers Conference
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• 2000.11a
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• pp.235-240
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• 2000

This paper presents the reasonable method for electric power management through efficient use of electricity. With a rapid of national economics and living standard, electrical energy consumption markedly increased. Especially it is increased electrical energy consumption in commercial buildings and thus an energy conservation through efficient use of electricity became more important.

• Korean Journal of Air-Conditioning and Refrigeration Engineering
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• v.26 no.10
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• pp.474-480
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• 2014

This study investigated the total energy consumption and the energy consumption by type of 31 apartment complexes in Daejeon. The energy is supplied to the apartments from district heating, and can be divided into hot water, electricity, and gas. Hot water is used in for space heating and for domestic hot water (DHW), and electricity is used for plugs, cooling, ventilation, and public utilities (street lights, pumps, elevators, etc.). All gas supplied from district heating is used for cooking. As a result, the consumption unit of each energy source of independent dwelling areas was calculated to be $103.7kWh/m^2{\cdot}a$ ($15,692kWh/H{\cdot}a$) for thermal energy, $48.0kWh/m^2{\cdot}a$ ($4,646kWh/H{\cdot}a$) for electricity, and $10.5kWh/m^2a$ ($1,015kWh/H{\cdot}a$) for gas, so the entire consumption was calculated to be $162.3kWh/m^2{\cdot}a$ ($15,692kWh/H{\cdot}a$).

• Journal of Energy Engineering
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• v.24 no.2
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• pp.9-16
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• 2015

As electricity is an indispensable input to human's existence and industrial production, economic benefits arise from consumption. The economic benefits of the electricity consumption are useful information in various fields of electricity-related policy. Therefore, this study attempts to value the economic benefits from electricity use. The economic benefit of electricity consumed is the area under the demand curve which made of the sum of the actual consumer expenditure and the consumer surplus. Consumer expenditure can be easily observed but the information on price elasticity of demand is necessarily required to compute consumer surplus. This study derives the estimates for price elasticities through literature review. The price elasticities of the electricity demand for residence, industry, and commercial are estimated to be -0.332, -0.351, and -0.263, respectively. Because the consumer surplus of the electricity consumption for residence, industry, and commercial are computed to be 191.54, 143.44, and 231.91 won per kWh, respectively. Given that average prices of electricity use were 127.02, 100.70, and 121.98 won per kWh for the year 2013, the economic benefit are calculated to be 318.56, 244.14, and 353.89 won per kWh, respectively. We can convert the values to 321.96, 246.75, and 357.67 won per kWh in 2014 constant price, respectively, using consumer price index. They can be used in the economic feasibility analysis of a new electricity supply project.