• Title/Summary/Keyword: Energy Economy

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Visions and Technical Challenges of Hydrogen Economy: Power System Viewpoint

  • Won Dong-Jun;Liu Chen-Ching
    • KIEE International Transactions on Power Engineering
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    • v.5A no.4
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    • pp.339-343
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    • 2005
  • Hydrogen, as a future energy source, is thought as an alternative of fossil fuel in view of environment and energy security. Hydrogen has the properties of both fuel and electricity so that it can make the energy paradigm shift in the future. Therefore, researches on hydrogen in power system area are essential and urgent due to their huge effects on current paradigm. In this paper, the visions and technical challenges of hydrogen in power system are reviewed as energy storage, dispersed generation (DG), DC generator, and combined heat and power (CHP).

Power System Concerns in Hydrogen Economy (수소경제하에서의 전력시스템)

  • Won, Dong-Jun;Liu, Chen-Ching;Moon, Seung-Il
    • Proceedings of the KIEE Conference
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    • 2005.07a
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    • pp.486-488
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    • 2005
  • Hydrogen, as a future energy source, can be a good alternative of fossil fuel in view of environment and energy security. Hydrogen can be both fuel and electricity so that it will greatly change energy paradigm. Therefore, researches on hydrogen in power system area are essential and urgent due to their huge effects. In this paper, the importances and meanings of hydrogen in power system are reviewed as energy storage, DC generator, dispersed generation (DG), and combined heat and power (CHP). Technical challenges in hydrogen economy are also listed.

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Measuring the Economic Impact of the Energy Price Changes in Korea (에너지가격변화의 경제적 효과에 관한 연구)

  • Kim, Suduk;Sonn, Yang-Hoon
    • Environmental and Resource Economics Review
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    • v.10 no.4
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    • pp.495-513
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    • 2001
  • We investigate a practical method of calculating the impact of multiple domestic energy price change on the final demand, production, the export and import change, the change in the balance of payment of Korean economy. By combining an existing computable general equilibrium (CGE) model with the traditional input-output analysis with two additional assumptions on the price behavior, we provide a cost-effective method of analyzing the impact of multiple energy price changes on the domestic economy. The energy price shock we used in this paper is 0.127% increase weighted by the sectoral productions. The total impacts on price level and GDP are 1.258% and -0.940%, respectively. The impact on the total output (GDP and intermediate goods) is about -1.580%.

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Current Status of Nuclear Hydrogen Development (원자력을 이용한 수소생산기술 개발 동향)

  • Chang Jong-Hwa
    • Journal of Energy Engineering
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    • v.15 no.2 s.46
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    • pp.127-137
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    • 2006
  • To resolve the environmental and economics problems of fossil fuel energy, a hydrogen economy is promoted in many developed countries. Massive production of hydrogen using a nuclear power is a practical way to feed fuel required for the hydrogen economy. The author introduces a very high temperature reactor and its development status. He also reviews recent achievements and directions of research in hydrogen production process, such as sulfur-iodine thermochemical cycle, sulfur hybrid cycle, and high temperature electrolysis.

Study on Fuel Economy Characteristics by Cumulative Distance of Vehicle (차량 누적거리에 의한 연비 특성 연구)

  • Lim, Jae-Hyuk;Kim, Ki-Ho;Lee, Min-Ho
    • Journal of Power System Engineering
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    • v.21 no.4
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    • pp.57-61
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    • 2017
  • The vehicle label fuel economy is used as an energy management indicator nationwide. It induces technology development of automobile manufacturers and plays a role of providing information when purchasing a consumer vehicle. However, consumers who purchase a new vehicle continued to complain that the label fuel economy is different from the mandatory fuel economy rate. The domestic fuel economy measurement method is the same as the North American measurement method. The results of the two test modes (urban (FTP-75 mode), highway (HWFET mode)) are calculated in five test modes reflecting various environmental conditions and driving patterns 5-cycle correction formula is used which is equivalent to the fuel efficiency value. In this study, to solve the consumers' curiosity about the fuel economy of new vehicle, we use domestic fuel economy measurement method to measure the new car condition within 150 km of driving distance and the cumulative driving distance condition of domestic label fuel economy test vehicle. A comparative evaluation of fuel economy was carried out for a durability vehicle of $6,500{\pm}1,000km$. A result, mean value of the fuel economy of the four gasoline vehicles increased by 2.7 % in the city center mode and by 2.5 % in the highway mode in the durable vehicle compared new vehicle. And in the case of the diesel vehicle it increased by 2.5 % and 3.9 % respectively. The harmful exhaust gas emitted from the vehicle also resulted in more emissions of both gasoline and diesel vehicles in new vehicles. It is considered that the increase of the frictional force of the vehicle driving system and the lubricating oil system would have an effect on the reduction of the fuel economy of the new vehicle, and it was found that the fuel economy and the exhaust gas were improved by proper cumulative distance (domesticate) to the new vehicle.

A Review on Probabilistic Climate-economy Models and an Application of FUND (기후경제 모형의 불확실성 분석 방법 비교분석 및 FUND 모형 응용)

  • Hwang, In Chang
    • Environmental and Resource Economics Review
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    • v.26 no.3
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    • pp.359-398
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    • 2017
  • Uncertainty is central to energy and climate policy. A growing number of literature show that almost all components of energy and climate models are, to some extent, uncertain and that the effect of uncertainty on the model outputs, in turn policy recommendations, is significantly large. Most existing energy and climate-economy models developed and used in Korea, however, do not take uncertainty into account explicitly. Rather, many models conduct a deterministic analysis or do a simple (limited) sensitivity analysis. In order to help social planners to make more robust decisions (across various plausible situations) on energy and climate change issues, an uncertainty analysis should be conducted. As a first step, this paper reviews the theory of decision making under uncertainty and the method for addressing uncertainty of existing probabilistic energy and climate-economy models. In addition, the paper proposes a strategy to apply an uncertainty analysis to energy and climate-economy models used in Korea. Applying the uncertainty analysis techniques, this paper revises the FUND model and investigates the impacts of climate change in Korea.

Prediction of the Effect of Cooling Fan Electrification on City Bus (냉각팬 전동화에 따른 시내버스 연비효과 예측)

  • Lee, Yongkyu;Park, Jinil;Lee, Jonghwa
    • Journal of the Korean Society of Manufacturing Technology Engineers
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    • v.22 no.6
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    • pp.908-912
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    • 2013
  • Because of their longer operating times and larger size relative to conventional fans, the cooling fans mounted in buses consume larger amounts of energy. Most of the cooling fans mounted in a bus are connected to the engine by a viscous clutch. A viscous cooling fan's speed is determined by its fluid temperature, which is affected by the air flow through the radiator. The fan does not react immediately to the coolant temperature and in doing so causes unnecessary energy consumption. Therefore, the fuel economy of buses using viscous fans can be improved by changing to an electric cooling fan design, which can be actively controlled. In addition, electric power consumption is increased by using electric cooling fans. Thus, when electric fans are applied in conjunction with the alternator management system (AMS), the fuel economy is further enhanced. In this study, simulations were performed to predict coolant temperature and cooling fan speeds. Simulations were performed for both viscous and electric cooling fans, and power consumption was calculated. Additionally, fuel economy was calculated applying both the alternator management system and the electric cooling fan.

Influence of Low Level Bio-Alcohol Fuels on Fuel Economy and Emissions in Spark Ignition Engine Vehicles (저농도 바이오알코올 혼합 연료가 스파크 점화 엔진 차량의 연비 및 배출가스에 미치는 영향)

  • CHA, GYUSOB;NO, SOOYOUNG
    • Journal of Hydrogen and New Energy
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    • v.31 no.2
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    • pp.250-258
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    • 2020
  • This study was conducted to analyze the impact of low level bio-alcohols that can be applied without modification of vehicles to improve air quality in Korea. The emissions and fuel economy of low level bio-alcohols mixed gasoline fuels of spark ignition vehicles, which are direct injection and port fuel injection, were studied in this paper. As a result of the evaluation, the particle number (PN) was reduced in all evaluation fuels compared to the sub octane gasoline without oxygen, but the correlation with the PN due to the increase in the oxygen content was not clear. In the CVS-75 mode, emitted CO tended to decrease compared to sub octane gasoline, but no significant correlation was found between NMHC, NOx and fuel economy. In addition, it was found that the aldehyde increased in the oxygenated fuel, and there was no difference in terms of the amount of aldehyde generated among a series of bio-alcohol mixed fuels.

The investment point on cooperative innovation in EVs for the spoke-smart cities : focused on Nordic countries and Korea

  • Seo, Dae-Sung
    • The Journal of Economics, Marketing and Management
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    • v.5 no.3
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    • pp.1-11
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    • 2017
  • E-infrastructural economy for ICT Living-Labs is a need for economic and cultural changes in various types of cars in accordance with the supply of the electric car. Depending on the number of cases by analyzing the supply and demand of electric vehicles among Korea and Northern Europe countries. it was indirectly proved that it makes economic growth. The research design is analyzed with the data and how to respond quickly to focus on the possibility of potential changes to the infrastructure realization and commercialization of government enterprises or electric cars through the ICT Living-Labs in Nordic countries. The data indicates that the leading commercialization emphasize on the development of the electric economic convergence and scalability for electric vehicle. When It shows the time of the infrastructure as ICT Living-Labs being delayed, it lowered growth target results for the development of the electric car industry in the future. 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. Korea needs to be many difficulties in building the E- infrastructure for ICT Living-Labs. Unlike the Northern Europe it is to prepare the active support of both government and business. The role of the government discovers that the power generation through the quick selection of the industry, as well as to connect with the growth of the smart cities with the EVs industry.

Parametric investigation of a hybrid vehicle's achievable fuel economy with optimization based energy management strategy

  • Amini, Ali;Baslamisli, S. Caglar;Ince, Bayramcan;Koprubasi, Kerem;Solmaz, Selim
    • Advances in Automotive Engineering
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    • v.1 no.1
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    • pp.105-121
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    • 2018
  • The hybrid electric powertrain is a robust solution that allows for major improvements in both fuel economy and emission reduction. In the present study, a through-the-road hybrid vehicle model with an electric motor driving the rear axle and an Internal Combustion Engine (ICE) driving the front axle has been constructed. We then present a systematic method for the determination of a real time applicable optimal Energy Management Strategy (EMS) for a hybrid road vehicle. More precisely, we compare the performance of rule-based EMS strategies to an optimization-based strategy, namely ECMS (Equivalent Consumption Minimization Strategy). The comparison is conducted in parallel with a parameterization of the size of the internal combustion engine and the implementation of a Continuously Variable Transmission (CVT) that allows following the line of best fuel economy. For the FTP-75 driving cycle, the constrained engine On-off control algorithm is shown to offer a 28% improvement potential of fuel consumption compared to the conventional internal combustion engine while the ECMS strategy achieves an improved potential of nearly 33%.