• Title/Summary/Keyword: Energy Economy

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The Role of Innovative Energy Public Firms' Channels according to Shale Gas for E-Convergence Economy.

  • Seo, Dae-Sung;Kim, Seung-Ryeol
    • Journal of Distribution Science
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    • v.14 no.5
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    • pp.17-26
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    • 2016
  • Purpose - The E-convergence economy is requested with the economic change of the diverse energy supplies, according to the exploits of Shale gas. By analyzing the electric energy supply and demand in accordance with the various cases, it has proved indirectly to create a convergence economy. Research design, data, and methodology - The research design would make realize its potential change with which government or companies have focused on the energy objection between Shale gas and Electric vehicles. Results - The paper suggests that Shale gas has expanded with the emphasis on the Electrical convergence economy or EVs. Due to these results, they also show why it should not be delayed in the development of shale gas and electric vehicles at the same time. Conclusions - All this is from the reason of opening the E-convergence economy over time. It is required that Korea should prepare E-convergence economy. Public regional energy should be present through the consistent selection of development for energy linking E-economy and E-trans distribution.

Analysis of Charge and Discharge Characteristics of Heavy Duty Electric Commercial Vehicle Batteries (중대형 전기 상용차 배터리의 주행중 충방전 특성 분석)

  • Song, Jingeun;Cha, Junepyo
    • Journal of Institute of Convergence Technology
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    • v.11 no.1
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    • pp.19-23
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    • 2021
  • These days, sales of battery electric vehicles have been rapidly increasing due to the strict CO2 regulations. However, since it take too long to measure the energy economy of electric vehicles, it has been required to improve the procedure of energy economy measurement. In order to improve this problem, the present study analyzed the battery charge/discharge pattern according to the changes in battery SOC (state of charge). In general, the energy economy test is started with a battery SOC charged to 100 %. However, it was identified that when the battery is fully charged, it can actually be charged over the 100 % (e.g., 100.5 %). This can induce errors in the energy economy measurement. Therefore, the present study recommend to start the test at SOC 99.9 %. The regenerative braking was partly restricted for the SOC over 90 %. This made it difficult to estimate the overall energy economy of the electric vehicle. However, it was identified that there was no change in the battery charge/discharge characteristics under the SOC 90 %. Therefore, the energy economy test can be shortened by predicting the overall energy economy through a short mileage test.

Strategy of Energy Technology Development for Establishing the Hydrogen Economy (수소경제사회구현을 위한 에너지기술개발전략)

  • Lee, Seong-Kon;Mogi, Gento;Kim, Jong-Wook;Shin, Sung-Chul
    • Transactions of the Korean hydrogen and new energy society
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    • v.18 no.2
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    • pp.207-215
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    • 2007
  • The rapid changes of energy environment such as high oil price, united nations framework convention on climate change, and the hydrogen economy have been happening to provide national energy security in the 21st century, we need to build strategic approach for coping with energy environment. From a long-term viewpoint of energy technology development, it's time to develop energy technology with selection and specification. In this study, we build energy technology roadmap for establishing the hydrogen economy with a long-term strategy. We analyze economic spin-offs and commercial potential for establishing energy technology roadmap of energy technology development for establishing the hydrogen economy.

Study on the Development of an Evaluation Index for the Local Economy Activation of Community Investment Renewable Energy Projects (대규모 주민참여형 재생에너지 사업의 지역경제 활성화 평가지표 개발 연구)

  • Im, Hyunji;Yun, Seonggwon;Yoon, Taehwan;Kim, Yunsoung
    • New & Renewable Energy
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    • v.17 no.2
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    • pp.9-23
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    • 2021
  • In Korea, various community investment renewable project models are being implemented to increase community acceptance of renewable energy. An important factor for enhancing local acceptance is that renewable energy projects have a positive effect on revitalizing the local economy such as income increase or job creation for residents and local companies. To maximize the local economic effect of large-scale community investment renewable energy projects, this study developed an evaluation index for local economy activation, whose indicators are the local return on investment, local companies' participation, local job creation, regional cooperation, transparency, and governance. Analysis of existing evaluation indicators and current renewable projects, financial analysis, and expert interviews were used in this research. The pilot evaluation determined that, the local economic effect was high in the following order: a fund investment wind project (Gangwon), benefit-sharing wind project (Jeju), and general wind project. In particular, residents' investment amount, the number of participating residents, and the amount and transparency of the regional cooperation fund were key factors to expand the effect of local economy activation. This evaluation index could be used in public bidding for renewable energy projects such as offshore wind zoning areas of local government.

Measuring the Economic Impacts of Hydrogen Economy in South Korea: An Input-output Approach (산업연관분석을 이용한 수소경제의 경제적 파급 효과 분석)

  • SU-BIN CHOI;JU-HEE KIM;SEUNG-HOON YOO
    • Transactions of the Korean hydrogen and new energy society
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    • v.34 no.5
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    • pp.398-412
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    • 2023
  • The Korean government is actively promoting the hydrogen industry as a key driver of economic growth. This commitment is evident in the 2019 hydrogen economy activation roadmap and the 2021 basic plan for hydrogen economy implementation. This study quantitatively analyzes the economic impact of the hydrogen economy using input-output analysis based on the Bank of Korea's 2019 input-output table, projecting its size by 2050. Four parts dealt with production-inducing, value-added creation, employment-inducing, and wage-inducing based on a demand-driven model. The results reveal that transportation had the most remarkable economic effect throughout the hydrogen economy, and production was the least. The hydrogen economy is projected to reach 71.2 trillion won by 2050.

System Dynamics Model for Analyzing and Forecasting the National Energy-Economy-Environment(3E) Changes under Levying of Carbon Tax (탄소세 부과에 따른 국내 에너지-경제-환경(3E) 변화 분석 및 예측을 위한 시스템다이내믹스 모델 개발)

  • Song, Jae-Ho;Jeong, Suk-Jae;Kim, Kyung-Sup;Park, Jin-Won
    • Korean System Dynamics Review
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    • v.7 no.2
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    • pp.149-170
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    • 2006
  • In this paper, an energy-economy-environment dynamic simulation model was developed to using system dynamics methodology. It describes current energy-economy-environment systems and forecasts changes caused by levying of carbon tax. The model is composed of three modules: an energy module, an economic module and an environmental module. Variables are interrelated in each module, and three modules are linked by several linkage variables. Setting up the linkage variables is an important factor for the composition of the model. The simulation result shows a change of the national GDP, usage of energy, and $CO_2$ emissions under levying and reinvestment of carbon tax considering various scenarios for the charging cost.

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A Study on the Local Effects of Basic Income Using System Dynamics: Focused on the Comparison of the Universal Cash Payment and Energy Payment-in-kind (System Dynamics를 활용한 기본소득의 지역 영향성에 대한 연구: 보편적 현금급여와 현물에너지급여의 비교를 중심으로)

  • Choi, In Su
    • Korean System Dynamics Review
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    • v.15 no.2
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    • pp.51-74
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    • 2014
  • Over the past few years Korea has achieved rapid economic growth, while the deepening polarization of income has negatively affected Korea economy and society. It can be the reason of this negative effect on economy that the increased income by the economic growth has not been distributed socially, but overly focused on one part of social class. One of the important and powerful solution of social polarization could be the strengthening of the income distribution. In these circumstances, the social interest and discussion on the universal welfare system and on the basic income as the means of income redistribution have been increasing. In this study, a system dynamic analysis was conducted to find how an universal cash payment as basic income providing cash benefits impacts on the promotion of consumption in private sector, of local jobs and of local economic organizations. Recently, the poor energy consumption ability of energy poverty became one of the social problems. Also it was analysed how an energy payment-in-kind as basic income influences on the energy consumption of the region, the energy production capacity, the promotion of local energy. The universal cash payment and energy payment-in-kind as the basic income policy showed similar and positive effects on the local economy system and on the local energy system respectively.

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A Study on Hydrogen Energy Safety according to the Revitalization of the Hydrogen Economy (수소경제 활성화에 따른 수소에너지 안전성 고찰)

  • Park, Woo-Il;Tak, Song-Su;Lee, In-Woo;Hong, Soon-Pa
    • Journal of the Korean Institute of Gas
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    • v.25 no.6
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    • pp.74-79
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    • 2021
  • This study analyzed the current status of the global hydrogen economy and the safety of energy sources currently in use due to the activation of the hydrogen economy. Understanding the hydrogen economy, identifying government policy trends, comparing and analyzing characteristics with existing energy sources such as gasoline, propane, and methane, and evaluating damage impact for each energy source using PHAST, a quantitative damage impact assessment program. Using the analysis results, this study analyzes the safety of hydrogen energy to revitalize the hydrogen economy and suggests ways to improve safety.

Study on the Application of Quantitative Economic Modeling for Energy Policy Analysis - Energy/Economy Interaction for Energy Demand/Supply Analysis and Industry Infrastructure Change - (에너지부문(部門) 정책분석(政策分析)을 위한 계량모형적(計量模型的) 접근(接近)에 관한 연구(硏究) - 에너지수급(需給) 및 산업구조개편연관분석(産業構造改編聠関分析) -)

  • Kim, Hyeong-Uk;An, Byeong-Hun
    • Journal of Korean Institute of Industrial Engineers
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    • v.8 no.1
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    • pp.40-60
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    • 1982
  • Since the first oil embargo (1973), there have been developed many different types of energy-economy interaction models based upon various aspects of energy impact mechanism. We will propose to develop an integrated energy-economy interaction analysis system for less developed countries' energy policy analysis, especially for investment analysis toward constructing energy-saving industry infrastructure ; which is based on the motivation of combined energy models by John P. Weyant. This modeling system can cover the economic growth, inter-industry transactions including production features, and process analysis of energy sector in the total network scheme of general equilibrium, so that it can give many political implications as well as the modeling concept to be used for analyzing various political issues and making decisions related to national energy environment.

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Governance Leadership for Hydrogen Economy Revitalization (수소경제 활성화를 위한 거버넌스 리더십)

  • YIM, DONG WOOK
    • Transactions of the Korean hydrogen and new energy society
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    • v.31 no.3
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    • pp.265-275
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    • 2020
  • The hydrogen economy is still a niche market and a new system. If we believe in the optimism and the hope of human history of technological progress, the hydrogen economy will be a new paradigm to replace the carbon economy. The research question is what kind of leadership the government should show in order to revitalize the hydrogen economy. In response to the research question, this study highlights the governance leadership. The new economy must be newly recognized before they can find a solution. This research can be the first step in finding the way.