• Environmental and Resource Economics Review
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• v.30 no.4
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• pp.607-625
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• 2021

The objective of this study is to estimate the relationship between CO₂ emissions and both nuclear power and renewable energy generation, and compare the cost efficiencies of nuclear power and renewable energy generation in reducing CO₂ emissions in Korea. The results show that nuclear power and renewable energy generation should be increased by 1.344% and 7.874% to reduce CO₂ emissions by 1%, respectively. Using the estimated coefficients and the levelized costs of electricity by source including the external costs, if the current amount of electricity generation is one megawatt-hour, the range of generation cost of nuclear power generation to reduce 1% CO₂ emissions is $0.72~$1.49 depending on the level of external costs. In the case of renewable energy generation, the generation cost to reduce 1% CO₂ emissions is $6.49. That is, to mitigate 1% of CO₂ emissions at the total electricity generation of 353 million MWh in 2020 in Korea, the total generation costs range for nuclear power is $254 million~$526 million for the nuclear power, and the cost for renewable energy is $2.289 billion for renewable energy. Hence, we can conclude that, in Korea, nuclear power generation is more cost-efficient than renewable energy generation in mitigating CO₂ emissions, even with the external costs of nuclear power generation.

• International conference on construction engineering and project management
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• 2009.05a
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• pp.669-675
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• 2009

As the use of new and renewable energy is one of the ways by which the exhaustion of fossil fuels and the other existing environmental problems can be addressed, a policy of spreading information regarding it and of conducting R&D related to it is currently being implemented in advanced countries. In the construction field, the concept of "green building" was born, and the application of this concept has increased, with the end in view of achieving energy savings, resource savings, and recycling, and of conserving the natural environment. In this context, the government of Korea amended the "Law on the Development, Use, and Promotion of New and Recycled Energy" in 2004, which contains 11 provisions related to new and renewable energy and their sources, including solar and geothermal energy as well as sunlight, water, rainfall, and organisms. Since solar-energy should be used instead of fossil fuels by converting sunlight directly into electricity, many researches on this subject are in progress. There are few researches, however, employing the economic approach to the subject. Thus, in this study, an economic assessment of the solar-energy system was conducted using both life cycle cost (LCC) analysis and sensitivity analysis. The results of the LCC analysis show that the solar-energy system will become economically better than the fossil fuel system after 16 years, although the initial construction cost of the solar-energy system is higher than that of the fossil fuel system. The results of this study are expected to be used in selecting an eco-friendly and economical solar-energy system when the construction of a green building is planned.

• International Journal of Air-Conditioning and Refrigeration
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• v.17 no.1
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• pp.15-24
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• 2009

The energy usage and the economical feasibility of the typical two story office building in the three urban locations of South Korea are evaluated as the eight orientations. The smallest energy consume is shown at the true south. The ranges of the low energy consume are $-3l5^{\circ}{\sim}0^{\circ}\;and\;-135^{\circ}{\sim}-180^{\circ}$. There are obvious advantages of passive solar designs such as using a fully glazed facade at the true south in the building. The General Low voltage plan is the effective way for the office building when does not required the high voltage electricity. The energy cost of KEPCO is compared to that of XCEL ENERGY. The portion of the customer charge of XCEL ENERGY is about 10% but it is about 50% of the total tariff of KEPCO. The effective way to save the energy cost is by reducing the operating energy of XCEL ENERGY plane but the most effective way is reduce the contracting energy of KEPCO plane.

• Journal of Energy Engineering
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• v.22 no.3
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• pp.262-269
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• 2013

The residential energy consumption is intimately related with lifestyle of consumers. Therefore, this research suggests the mechanism for the effects of consumer lifestyle on consumer behavior. Specifically, the mediators are imposed of cost perception, propensity for environmental protection and energy conservation-conscious. Also, the lifestyle is composed of the over-consumption, life-centric, life-satisfaction, conservation- conscious and conservation-active type. In results, there are positive relationship between the life-satisfaction, conservation-conscious and conservation-active lifestyle and the propensity for environmental protection, cost perception. Both the cost perception and the propensity for environmental protection are positively related with the conservation- conscious. And positive relationship are appeared between the conservation-conscious and the energy conservation behavior.

• Proceedings of the Korean Aquaculture Society Conference
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• 2003.10a
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• pp.17-18
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• 2003

Although flounder is one of the most important marine fish for aquaculture in Korea, feeding the flounder in commercial farms depends mainly on moist pellet in which over 70% frozen fishes (e.g. frozen horse mackerel) are incorporated in its formulation. Therefore, for further expansion of flounder farming, it is essential to employ practical formulated feeds that can support reasonable growth. Development of nutritionally balanced and cost-effective feeds is dependant on the information about nutritional requirement and feed utilization of the species. Nutrient and energy source in feed are needed for the growth and maintenance of fish. Protein is probably the most important nutrient affecting fish growth and feed cost. Therefore, it is essential to determine the optimum dietary protein level for the growth of fish, both its high proportion in the feed and because it is the main factor in determining feed cost. Dietary energy level is also critical because protein source in the feed is utilized as an energy source when the feed deficient in energy is fed to fish, whereas when the feed excess in energy is fed to fish, feed consumption decreased and resulted in growth reduction due to lack of other necessary nutrients for normal growth. Improper dietary protein, energy levels and/or their ratio will lead to an increase of fish production cost and deterioration of water quality resulting from wasted feed; thus, they are important in formulating commercial feed. Dietary lipids play important roles in providing energy and essential fatty acid for normal growth and survival of fish. Although carbohydrates are not essential nutrients for carnivorous fish, these compounds play important roles as a low-cost energy source for protein sparing and also as a feed binder. Nutrition researches for flounder have identified its requirements of protein, lipid and essential fatty acid, vitamin, and minerals for normal growth. Other studies have also been carried out to investigate the utilization of the protein, lipid and carbohydrate sources. Based on these nutritional information obtained, practical feed formulations have been studied for improve aquaculture production of flounder. The results of the researches on utilization of dietary protein, lipid and carbohydrate by flounder are discussed in this review.

• 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.

• Journal of Energy Engineering
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• v.24 no.4
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• pp.146-158
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• 2015

A bottom-up approach has been conducted to estimate greenhouse gas (GHG) emission and to analyze the marginal abatement cost for the Korean horticulture energy sector. With the systematically derived activity and energy balance data, the BAUs have been estimated, along with the marginal abatement cost over the period 2010 through 2030. The result from the marginal abatement cost analysis may provide general guidelines and procedures for the establishment of GHG abatement polices.

• Journal of Energy Engineering
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• v.24 no.1
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• pp.58-68
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• 2015

A marginal abatement cost analysis has been conducted to analyze the effects of abatement measures on greenhouse gas (GHG) emissions for the Korean residential sector. A bottom-up model using MESSAGE has been developed by defining the energy demand and constructing the reference energy system for the residential sector. A great amount of activity data has also been analyzed. Abatement potentials and related costs of individual abatement measures are investigated. The result from the marginal abatement cost analysis may provide general guidelines and procedures for the establishment of GHG abatement polices.

• Proceedings of the Korean Nuclear Society Conference
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• 1996.05c
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• pp.441-446
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• 1996

A preliminary conceptual design of the DUPIC fuel fabrication plant with production capacity of 400 MTHE/yr is presented. Capital and operating costs are also included. The levelized unit fabrication cost (LUC) for a reference mode was estimated at $509/kgHE, and sensitivity of some variable parameters to this reference was analysed.

• Journal of Climate Change Research
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• v.4 no.3
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• pp.245-254
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• 2013

Korea government promote renewable energy as the core of their energy matrix to break the dependence and reduce greenhouse effects. This study analyzes the economic assessment of Solid Refuse Fuel project in urban area, considering the marginal external costs of air pollution in this area. Assessment index defined as costs (i.e., construction cost, operation cost) and benefit (margin, external cost) data which is located in Sudokwon landfill site. The result indicates that cost-benefit analysis of SRF is calculated as 1.0. In addition, SRF project is very sensitive about electric power selling price, operating cost and labor cost according to inflation rates. This study shows that the sustainability of SRF project is required the government financial support like investment funds as well as policy support. Variability analysis of SRF economic assessment due to renewable energy can be used for making policies in various fields such as waste and public energy field.