• Title/Summary/Keyword: Energy Elasticity

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Comparison of Energy Efficiency by Production Frontier Approach: Based on OECD Countries (생산 프론티어 접근을 통한 에너지효율 비교: OECD 국가를 중심으로)

  • Kang, Sangmok;Kim, Haechang
    • Environmental and Resource Economics Review
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    • v.20 no.1
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    • pp.33-60
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    • 2011
  • The purpose of the article is to compare the impacts of energy efficiency and economic growth for energy demand through production frontier approach in OECD countries. We compared the traditional energy intensity with energy efficiencies of production frontier approach, slack efficiency on the frontier, and estimated elasticity of energy demand for GDP growth. First, the energy intensity has a low relationship with energy efficiency by radial approach, but has constant correlations with slack energy efficiency, slack-adjusted efficiency by non-radial approach, and energy efficiency by horizon approach. If we measure energy efficiency only with energy elasticity, it may make a mistake. Especially the energy efficiency by radial approach has a tendency to overestimate most OECD countries. Second, as many countries have excess energy consumption of 17.3% even on the points of the frontier, reduction of energy consumption is necessary in addition. Third, the average energy elasticity of OECD countries is 1.1 close to elasticity 1. There exists the difference of elasticity among countries and the energy demands are also high in countries with high elasticity.

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Elasticity of substitution of renewable energy for nuclear power: Evidence from the Korean electricity industry

  • Kim, Kwangil
    • Nuclear Engineering and Technology
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    • v.51 no.6
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    • pp.1689-1695
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    • 2019
  • This study suggests a simple economic model to analyze electricity grid that consists of different power sources. The substitutability of renewable energy for nuclear power in Korean electricity transmission network is investigated by suggested model. The monthly data from January 2006 to December 2013 reported by Electricity Power Statistics Information System (EPSIS) of Korea Power EXchange (KPX) are used. To estimate the elasticities of substitution among four power sources (i.e. coal, natural gas, nuclear power, and renewable energy), this paper uses the trans-log cost function model on which local concavity restrictions are imposed. The estimated Hicks-Allen and Morishima elasticity of substitution shows that renewable electricity and nuclear power are complementary. The results also evidenced that renewable electricity and fossil fueled thermal power generation are substitutes.

Analysis of the strain energy release rate for time-dependent delamination in multilayered beams with creep

  • Rizov, Victor I.
    • Advances in materials Research
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    • v.11 no.1
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    • pp.41-57
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    • 2022
  • This paper is focused on delamination analysis of a multilayered inhomogeneous viscoelastic beam subjected to linear creep under constant applied stress. The viscoelastic model that is used to treat the creep consists of consecutively connected units. Each unit consists of one spring and two dashpots. The number of units in the model is arbitrary. The modulus of elasticity of the spring in each unit changes with time. Besides, the modulii of elasticity and the coefficients of viscosity change continuously along the thickness, width and length in each layer since the material is continuously inhomogeneous in each layer of the beam. A time-dependent solution to the strain energy release rate for the delamination is derived. A time-dependent solution to the J-integral is derived too. A parametric analysis of the strain energy release rate is carried-out by applying the solution derived. The influence of various factors such as creep, material inhomogeneity, the change of the modulii of elasticity with time and the number of units in the viscoelastic model on the strain energy release rate are clarified.

Estimation and utilization of transport LPG demand function (수송용 LPG 수요함수의 추정 및 활용)

  • Lee, Seung-Jae;Han, Jong-Ho;Yoo, Seung-Hoon
    • Journal of Energy Engineering
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    • v.21 no.3
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    • pp.301-308
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    • 2012
  • This paper attempts to estimate the demand function for the transport LPG and to analyze long-run and short-run price and income elasticities. In addition, the paper measures consumer surplus and economic value ensuing from the transport LPG consumption by utilizing the estimated long-run price elasticity. The price and the income data are the monthly real transport LPG price and the monthly composite index adjusted by real transport LPG price from 2003 to 2012. Unit root test, co-integration test and error correction model are to take the procedure of estimation of demand curve. The demand for transport LPG is considered to be inelastic and the long-run demand is more elasticity than that of short-run. Price elasticity of demand estimate here is -0.422, and the estimated consumer surplus and economic value in 2010/03 are 966 and 1,781 billion won, respectively.

INFLUENCE OF CAPILLARITY AND ELASTICITY ON MICRO-CONTACTS

  • Zheng, J.;Streator, J.L.
    • Proceedings of the Korean Society of Tribologists and Lubrication Engineers Conference
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    • 2002.10b
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    • pp.65-66
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    • 2002
  • One aspect of the stiction problem may be explained by the action of capillary forces in conjunction with surface elasticity. In the present work, the interaction between two elastic half-spaces separated by a small liquid bridge is investigated. By minimizing the total free energy stored in the interface (including elastic energy and surface energy), the equilibrium interface geometry is determined analytically in the case where there is no solid-solid contact. A non-dimensional number, $N_c=299\frac{{\gamma}^2_{LA}cos^2{\theta}V_o}{E^{'2}H^5}$ is found to govern the structure stability. When $N_c{\ge}1$, the two surfaces jump into solid-solid contact and, once this occurs, the contact area will continue to expand until the two surfaces are in full contact.

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Resources and Sustainable Development in Korea

  • Kim, ByungWoo
    • Proceedings of the Korea Technology Innovation Society Conference
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    • 2010.05a
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    • pp.3-14
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    • 2010
  • Through time-series plots, we can see relatively stable trend of energy factor share and the decreasing trend of relative energy prices (to wages) in Korea. We can compromise these empirical facts with the following explanation: if elasticity of substitution between capital and energy is smaller than one(<1) in Korea, a change(decrease) in energy price can prevent income share of resources from rising in the process of economic growth. This is consistent with theoretical and empirical results that substitution between energy and capital is so difficult. From simple empirical analysis and limited information, we can carefully infer that, in the past in Korea, resource-specific innovation was performed widely. Finally, If we are to reduce the magnitude of "growth drag", we should decrease energy factor share. This can be accomplished by energy-augmenting technical progress in the case of elasticity of substitution less than 1 as in Korea.

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The Effects of Spot Pricing for the Change of the Electric Power Demand Based the Demand Elasticity (수요 탄력성에 따른 전력수요의 변화가 현물가격에 미치는 영향)

  • 김문영;백영식;송경빈
    • Journal of Energy Engineering
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    • v.11 no.2
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    • pp.142-148
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    • 2002
  • The variations of real time electric price in competitive electricity markets have influence on electric power demands of the consumers. Residential, commercial, and industrial consumers with different characteristics cause the different price elasticity of the demand due to changing the pattern of consumption. Therefore, this paper analyze the effects of spot pricing for the change of the electric power demand based on the demand elasticity of each loads in competitive electricity market.

Mixed finite element model for laminated composite beams

  • Desai, Y.M.;Ramtekkar, G.S.
    • Structural Engineering and Mechanics
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    • v.13 no.3
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    • pp.261-276
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    • 2002
  • A novel, 6-node, two-dimensional mixed finite element (FE) model has been developed to analyze laminated composite beams by using the minimum potential energy principle. The model has been formulated by considering four degrees of freedom (two displacement components u, w and two transverse stress components ${\sigma}_z$, $\tau_{xz}$) per node. The transverse stress components have been invoked as nodal degrees of freedom by using the fundamental elasticity equations. Thus, the present mixed finite element model not only ensures the continuity of transverse stress and displacement fields through the thickness of the laminated beams but also maintains the fundamental elasticity relationship between the components of stress, strain and displacement fields throughout the elastic continuum. This is an important feature of the present formulation, which has not been observed in various mixed formulations available in the literature. Results obtained from the model have been shown to be in excellent agreement with the elasticity solutions for thin as well as thick laminated composite beams. A few results for a cross-ply beam under fixed support conditions are also presented.

A GN-based modified model for size-dependent coupled thermoelasticity analysis in nano scale, considering nonlocality in heat conduction and elasticity: An analytical solution for a nano beam with energy dissipation

  • Hosseini, Seyed Mahmoud
    • Structural Engineering and Mechanics
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    • v.73 no.3
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    • pp.287-302
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    • 2020
  • This investigation deals with a size-dependent coupled thermoelasticity analysis based on Green-Naghdi (GN) theory in nano scale using a new modified nonlocal model of heat conduction, which is based on the GN theory and nonlocal Eringen theory of elasticity. In the analysis based on the proposed model, the nonlocality is taken into account in both heat conduction and elasticity. The governing equations including the equations of motion and the energy balance equation are derived using the proposed model in a nano beam resonator. An analytical solution is proposed for the problem using the Laplace transform technique and Talbot technique for inversion to time domain. It is assumed that the nano beam is subjected to sinusoidal thermal shock loading, which is applied on the one of beam ends. The transient behaviors of fields' quantities such as lateral deflection and temperature are studied in detail. Also, the effects of small scale parameter on the dynamic behaviors of lateral deflection and temperature are obtained and assessed for the problem. The proposed GN-based model, analytical solution and data are verified and also compared with reported data obtained from GN coupled thermoelasticity analysis without considering the nonlocality in heat conduction in a nano beam.

FREE VIBRATION ANALYSIS OF PERFORATED PLATE WITH SQUARE PENETRATION PATTERN USING EQUIVALENT MATERIAL PROPERTIES

  • JHUNG, MYUNG JO;JEONG, KYEONG HOON
    • Nuclear Engineering and Technology
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    • v.47 no.4
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    • pp.500-511
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    • 2015
  • In this study, the natural frequencies of the perforated square plate with a square penetration pattern are obtained as a function of ligament efficiency using the commercial finite-element analysis code ANSYS. In addition, they are used to extract the effective modulus of elasticity under an assumption of a constant Poisson's ratio. The effective modulus of elasticity of the fully perforated square plate is applied to the modal analysis of a partially perforated square plate using a homogeneous finite-element analysis model. The natural frequencies and the corresponding mode shapes of the homogeneous model are compared with the results of the detailed finite-element analysis model of the partially perforated square plate to check the validity of the effective modulus of elasticity. In addition, the theoretical method to calculate the natural frequencies of a partially perforated square plate with fixed edges is suggested according to the Rayleigh-Ritz method.