• Journal of Energy Engineering
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• v.22 no.3
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• pp.245-249
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• 2013

This paper attempts to estimate the kerosene demand function in Korea over the period 1981-2012. As the kerosene demand function provides us information on the pattern of consumer's kerosene consumption, it can be usefully utilized in predicting the impact of policy variables such as kerosene price and forecasting the demand for kerosene. We apply least absolute deviations and least median squares estimation methods as a robust approach to estimating the parameters of the kerosene demand function. The results show that short-run price and income elasticities of the kerosene demand are estimated to be -0.468 and 0.409, respectively. They are statisitically significant at the 1% level. The short-run price and income elasticities portray that demand for kerosene is price- and income-inelastic. This implies that the kerosene is indispensable goods to human-being's life, thus the kerosene demand would not be promptly adjusted to responding to price and/or income change. However, long-run price and income elasticities reveal that the demand for kerosene is price- and income-elastic in the long-run.

• Architectural research
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• v.18 no.2
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• pp.59-64
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• 2016

Since the massive power outages that hit across the nation in September 2011, a growing imbalance between energy supply and demand has led to a severe backup power shortage. To overcome the energy crisis which is annually repeated, a policy change for deriving energy supply from renewable energy sources and a demand reduction strategy has become essential. Buildings account for 18% of total energy consumption and have great potential for energy efficiency improvements; it is an area considered to be a highly effective target for reducing energy demand by improving buildings' energy efficiency. In this regard, retrofitting buildings to promoting environmental conservation and energy reduction through the reuse of existing buildings can be very effective and essential for reducing maintenance costs and increasing economic output through energy savings. In this study, we compared the energy reduction efficiency of national power energy consumption by unit production volume based on thermal power generation, renewable energy power generation, and initial and operating costs for a building retrofit. The unit production was found to be 13,181GWh/trillion won for bituminous coal-fired power generation, and 5,395GWh/trillion won for LNG power generation, implying that LNG power generation seemed to be disadvantageous in terms of unit production compared to bituminous coal-fired power generation, which was attributable to a difference in unit production price. The unit production from green retrofitting increased to 38,121GWh/trillion won due to the reduced energy consumption and benefits of greenhouse gas reduction costs. Renewable energy producing no greenhouse gas emissions during power generation and showed the highest unit production of 75,638GWh/trillion won, about 5.74 times more effective than bituminous coal-fired power generation.

• 한국연소학회:학술대회논문집
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• 2014.11a
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• pp.277-280
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• 2014

Global energy demand has continued to rise due to population increase and economic development. National governments and international bodies try to seek the ways to reduce the demand growth. Energy Technology Perspectives (ETP) have provided the current status of energy system, technology developments and external events that have changed ETP scenario since 2006. The status and prospects for key energy technologies of transport sector are presented. Technology portfolio for the transport sector should be needed to meet very low CO2 targets. The portfolio includes improved fuel economy of current internal combustion engine vehicles, advanced technologies such as electric and fuel-cell vehicles, advanced biofuels and demand-side management.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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• v.26 no.2
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• pp.18-26
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• 2012

Though electricity consumption amount in industry has been increased gradually, corresponding power supply show symptoms of marginal point. Importance of demand-side management from large-industries has also been raised. This paper deals with induction motor, which is one of representative examples of heavy electricity consumption utilities, to analyze potential technical capability, economic feasibility from consumers' viewpoint and demand-side management feasibility from nation-wide perspective. Nation-wide economic feasibility analysis was done through California test, which has been used as demand-side management evaluation model. This paper also describes limitation of existing high efficiency induction motor in terms of contribution to demand-side management and utilizes premium motor to calculate demand-side management contribution level and economic feasibility evaluation. Likewise, this paper emphasizes the efficiency improvement of induction motor and analyzes how much premium motor related technologies can contribute to demand-side management.

• Transactions of the Korean hydrogen and new energy society
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• v.21 no.3
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• pp.241-247
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• 2010

An Energy Efficiency Resource Standards (EERS) is a simple, market-based mechanism to encourage more efficient generation, transmission, and use of electricity, natural gas and heat. An EERS consists of electric, gas and/or heating energy savings targets for utilities, often with flexibility to achieve the target through a market-based trading system. In this paper, we make persons acquainted with EERS programs of foreign countries in these days. And we analyze domestic energy demand side management (DSM) programs in order to introduce an EERS program into the country successfully. Energy efficiency potential calculated in 2007 is one of the important factors for establishing an EERS program domestically. This study may provide basic data to set the amount of energy saving when an EERS program would be phased in.

• Journal of Energy Engineering
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• v.22 no.1
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• pp.1-7
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• 2013

This paper attempts to estimate the residential electricity demand function, using survey data of 521 households in Korea. As the residential electricity demand function provides us information on the pattern of consumer's electricity consumption, it can be usefully utilized in predicting the impact of policy variables such as electricity price and forecasting electricity demands. We apply least absolute deviation(LAD) estimation as a robust approach to estimating parameters. The results showed that price and income elasticities are -0.68 and 0.14 respectively, and statistically significant at the 10% levels. The price and income elasticities portray that residential electricity is price- and income-inelastic. This implies that the residential electricity is indispensable goods to human-being's life, thus the residential electricity demand would not be promptly adjusted to responding to price and/or income change.

• KIEAE Journal
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• v.15 no.4
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• pp.77-84
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• 2015

Purpose: In 2008, As the green growth policy was presented, Green Building is made any effort to propagation. In this paper, the respective technologies that are able to considerably reduce the energy demands for heating, cooling, hot-water, lighting and ventilation among the variety of technologies were selected. Method: Design factors such as (1) External insulation, (2) Triple glazing window, (3) LED lighting, (4) External venetian blind, (5) Geothermal and (6) Heat recovery ventilator were derived. In addition, energy saving effects in terms of energy demand, energy consumption and energy cost were investigated using EnergyPlus, building energy analysis tool. Result : The results were as follows. (1) It can be seen that high insulated triple glazing window, heat recovery ventilator and external insulation technology is excellent for energy demand. (2) Unlike energy demand, saving effect of energy consumption and energy cost was shown in order of Geothermal > Triple Window > Heat recovery Ventilation> Insulation> LED Lighting > EVB Blind.

• The Transactions of the Korean Institute of Electrical Engineers P
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• v.66 no.1
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• pp.7-14
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• 2017

Recently, the power consumption of industrial consumer has increased rapidly, causing problems such as lack of power reserve margin in summer and winter, and therefore there is a growing need for maximum demand power management to consumers. In this paper, we studied small microgrid system consisting of battery ESS and photovoltaic power system, applied to small and medium sized factories to reduce the maximum demand power of daily industrial power load. To verify the validity of the study, we simulated a small microgrid system using Matlab/Simulink software. As a result of applying the simulation to small and medium sized plants that consume a lot of power, it is confirmed that there is a 13% reduction in demand compared to the existing maximum demand power. This result is expected to contribute to the improvement of the power reserve margin.

• International Journal of Computer Science & Network Security
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• v.24 no.4
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• pp.87-106
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• 2024

Vehicle-to-Home (V2H) and Home Centralized Photovoltaic (HCPV) systems can address various energy storage issues and enhance demand response programs. Renewable energy, such as solar energy and wind turbines, address the energy gap. However, no energy management system is currently available to regulate the uncertainty of renewable energy sources, electric vehicles, and appliance consumption within a smart microgrid. Therefore, this study investigated the impact of solar photovoltaic (PV) panels, electric vehicles, and Micro-Grid (MG) storage on maximum solar radiation hours. Several Deep Learning (DL) algorithms were applied to account for the uncertainty. Moreover, a Reinforcement Learning HCPV (RL-HCPV) algorithm was created for efficient real-time energy scheduling decisions. The proposed algorithm managed the energy demand between PV solar energy generation and vehicle energy storage. RL-HCPV was modeled according to several constraints to meet household electricity demands in sunny and cloudy weather. Simulations demonstrated how the proposed RL-HCPV system could efficiently handle the demand response and how V2H can help to smooth the appliance load profile and reduce power consumption costs with sustainable power generation. The results demonstrated the advantages of utilizing RL and V2H as potential storage technology for smart buildings.

• Korean Journal of Air-Conditioning and Refrigeration Engineering
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• v.22 no.4
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• pp.197-204
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• 2010

Schools are one of the most suitable buildings for renewable energy systems because they have favourable demand profiles for renewable energy system (e.g. solar thermal collector, photovoltaic panels), modular-based building plan and large open spaces (e.g. play ground, gardens, roof) for the installation. This paper presents a methodology of the feasibility test for renewable energy systems to be installed at schools. The methodology is based on the analysis of the demand/supply profiles dynamic matching. a case study is also presented to test the applicability of the proposed assessment methodology.