• Title/Summary/Keyword: Energy economics

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OECD/NEA STUDY ON THE ECONOMICS AND MARKET OF SMALL REACTORS

  • Lokhov, Alexey;Cameron, Ron;Sozoniuk, Vladislav
    • Nuclear Engineering and Technology
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    • v.45 no.6
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    • pp.701-706
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    • 2013
  • According to the OECD/NEA estimates, nuclear power plants (NPPs), whether with a large reactor or with small modular reactors (SMRs), are competitive with many other electricity generation technologies in a significant number of cases, one of the exceptions being natural gas in the USA with the current level of prices. However, SMRs have particular features and requirements setting conditions for their deployment. This paper presents the preliminary analysis by OECD/NEA of the economics, opportunities, and market for small nuclear reactors.

The effect of nuclear energy on the environment in the context of globalization: Consumption vs production-based CO2 emissions

  • Danish, Danish;Ulucak, Recep;Erdogan, Seyfettin
    • Nuclear Engineering and Technology
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    • v.54 no.4
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    • pp.1312-1320
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    • 2022
  • The earlier studies have analyzed theoretical links between nuclear energy and carbon dioxide (CO2) emissions concerning territorial (or production-based) emissions. Here using the latest available dataset, this study explores the impacts of nuclear energy on production-based and consumption-based CO2 emission in the era of globalization for the Organization for Economic Co-operation and Development (OECD) countries. The Driscoll-Kraay regression method reveals that nuclear energy is beneficial for the reduction of production-based CO2 emissions. However, it is revealed that nuclear energy does not reduce consumption-based CO2 emissions that are traded internationally and hence not comprised in conventional production-based emissions (territory) inventories. Globalization tends to reduce both production-based and demand-based carbon emissions. Finally, Environmental Kuznets Curve (EKC) is validated for both kinds of CO2 emissions. The findings may deliver practical policy implications related to nuclear energy and CO2 emissions for selected countries.

Content Analysis of Food & Nutrition Section in Middle School Textbooks -Home Economics, Physical Education and Science- (중학교 교과서 식생활 내용분석 -가정, 체육, 과학을 중심으로-)

  • 이영숙;김영남
    • Journal of Korean Home Economics Education Association
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    • v.12 no.3
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    • pp.53-63
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    • 2000
  • The purpose of this study was quantitative and qualitative contents analysis of food and nutrition section in middle school textbooks of home economics, physical education and science. As a quantitative approach numbers of sentence lines tables, figures, photos, activities, and exercises were counted. As a qualitative approach, types of explanations were categorized by 7 criteria, and commons and differences of the contents of those subjects were compared. The conclusions of this study were summarized as follows: 1) Contents of food and nutrition section were divided into nutrients. water. energy, food groups, and nutritional problems. When average sentence lines of each were compared, those of nutrients were the longest in all 3 subjects. 2) When compared the numbers of tables, figures, and photos in 3 subjects of textbooks, there were more figures in home economics and science, and more tables in physical education. 3) There were more activities and exercises in home economics an science than in physical education. 4) The D(sentences with table) or E type(sentences with figure) was adapted for the explanation of nutrients functions, recommended dietary allowance, food sources, food groups, eating habits, and weight control in home economics: nutritions functions and energy metabolism in physical education : and digestion, body constituents, energy metabolism, and detection of nutrients in science. 5) Contents about classification and functions of nutrients. food sources deficiency water, energy contents of nutrients and obesity were shown in all 3 subjects. Food groups and eating habits were explained in detail in home economics whereas digestion of nutrients in the digestive tracts were explained in detail in science. Recommended dietary allowance for Koreans and basic food groups revised in 1995 were presented in home economics, whereas those revised in 1989 were presented in physical education. To avoid confusion, recommended dietary allowance for Koreans and food groups presented in physical education tex should be updated.

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An Estimation of Domestic Regional Energy Efficiency Using Stochastic Distance Function (확률적 거리함수를 활용한 지역별 에너지효율성 추정)

  • Jeong, Dasom;Kang, Sangmok
    • Environmental and Resource Economics Review
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    • v.30 no.4
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    • pp.581-605
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    • 2021
  • The purpose of this study is to provide basic data for improving energy efficiency by estimating the regional energy efficiency in Korea using the stochastic frontier approach beyond the energy intensity that has been traditionally used as an indicator of energy efficiency. In this paper, energy efficiency and energy intensity efficiency were estimated as a stochastic distance function from 1998 to 2018 for 16 cities and provinces in Korea. In addition, the robustness of energy efficiency according to the capital stock estimation methods which had been mixed in previous studies was reviewed. As a result of the analysis, there is a significant change in regional rankings according to the three energy efficiency indicators, so they should be used complementary to each other. Second, while the energy efficiency improved little by little over time, the energy intensity efficiency decreased slightly though. Lastly, energy efficiency by region according to the capital stock estimation method was not robust. Care must be taken in estimating capital stock, which is important in economic analysis.

Analyzing the Relation between Energy Intensity, Energy Price and TFP in Korea (에너지 집약도, 에너지 가격 그리고 기술 수준 간의 동태적 관계 분석)

  • Kim, Kijin;Won, DooHwan;Jung, Sukwan
    • Environmental and Resource Economics Review
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    • v.29 no.2
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    • pp.195-217
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    • 2020
  • The improvement of energy intensity is drawing attention as a way to achieve sustainable development. Energy price and technology level are the main factors affecting energy intensity, and empirical studies on the relationship between the variables have been conducted mainly in overseas countries. However, analyzing the relation between energy intensity, energy price and technology has not been studied in Korea. Therefore, this study analyzed the dynamic relationship between energy intensity, energy price, and total factor productivity (TFP) in Korea. As a result of the analysis, the three variables form a long-term equilibrium relationship. The increase in TFP reduces energy intensity in both short and long term, and the long-term effect is greater than short-term effect. On the other hand, energy price do not have a significant impact on energy intensity. Granger causality test results show that energy intensity and TFP granger cause each other, but energy price is weak-exogenous.

A Real Business Cycle Model to Study the Effect of Overseas Oil Resource Development on the Korean Economy (실물경기변동 모형을 이용한 해외석유가스 개발사업의 경제적 효과분석)

  • Park, Hojeong;Kim, Jaekyung
    • Environmental and Resource Economics Review
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    • v.25 no.2
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    • pp.179-197
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    • 2016
  • The development of overseas resource is a driving force to secure the energy security in Korea with low sufficiency rate of energy. This paper analyzes the effect of overseas oil resource development on the economy by presenting a real business cycle model with consolidated energy price index. A linear-quadratic dynamic programming is adopted to raise computational transparency and efficiency. The analysis shows that the overseas oil resource development project during 2010 and 2012 decreases the energy price by 1.2% per annum which effect is equivalent to the positive 0.47% to the GDP. The implication calls for steady and robust support for overseas resource development projects to enhance energy resilience.

Policy research and energy structure optimization under the constraint of low carbon emissions of Hebei Province in China

  • Sun, Wei;Ye, Minquan;Xu, Yanfeng
    • Environmental Engineering Research
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    • v.21 no.4
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    • pp.409-419
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    • 2016
  • As a major energy consumption province, the issue about the carbon emissions in Hebei Province, China has been concerned by the government. The carbon emissions can be effectively reduced due to a more rational energy consumption structure. Thus, in this paper the constraint of low carbon emissions is considered as a foundation and four energies--coal, petroleum, natural gas and electricity including wind power, nuclear power and hydro-power etc are selected as the main analysis objects of the adjustment of energy structure. This paper takes energy cost minimum and carbon trading cost minimum as the objective functions based on the economic growth, energy saving and emission reduction targets and constructs an optimization model of energy consumption structure. And empirical research about energy consumption structure optimization in 2015 and 2020 is carried out based on the energy consumption data in Hebei Province, China during the period 1995-2013, which indicates that the energy consumption in Hebei dominated by coal cannot be replaced in the next seven years, from 2014 to 2020, when the coal consumption proportion is still up to 85.93%. Finally, the corresponding policy suggestions are put forward, according to the results of the energy structure optimization in Hebei Province.

A Decomposition Analysis of Energy Productivity Change in Korean Manufacturing Industries: A Distance Function Approach (제조업 에너지 생산성 분해분석)

  • Kim, Kwang-Uk;Hwang, Seok-Joon
    • Environmental and Resource Economics Review
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    • v.24 no.2
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    • pp.411-433
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    • 2015
  • This paper decomposed energy productivity changes across 14 Korean manufacturing industries into 5 components, technological catch-up(EC), technological progress(TC), and changes in labor-energy ratio(LC), capital-energy ratio(KC) and energy mix(EMC). Then we also figured out the possible relationship between energy productivity change and export growth rate across the industries. It is found that (1) technological progress, changes in capital-energy ratio and energy mix contribute to energy productivity growth in Korea during the sample period, (2) technological progress is the primary driving forces for energy productivity growth, (3) increase in export growth rate had a positive impact on energy productivity growth excepting a part of energy-intensive industries.

Analysis of the Relationships among Energy, Economic Growth and Greenhouse Gas Emissions Using Metropolitan City/Province Level Data (광역시·도별 자료를 이용한 에너지, 경제성장, 온실가스 배출 간의 관계 분석)

  • Lee, Jaeseok;Lee, Keun-Dae;Yu, Bok-Keun
    • Environmental and Resource Economics Review
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    • v.30 no.3
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    • pp.503-533
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    • 2021
  • This paper analyzes the relationships among the energy consumption, renewable energy production, real gross regional domestic product(GRDP), and greenhouse gas(GHG) emissions. It uses the metropolitan city and province level data for Korea from 2010 to 2018, employing a panal vector autoregressive(VAR) model. We find that an increase in energy consumption has a limited impact on boosting renewable energy production or gross regional domestic product, while it leads to an increase in greenhouse gas emissions. A rise in renewable energy production can increase gross regional domestic product, but it has no meaningful effects on energy consumption and the reduction of green house gas emissions. Our finding indicates that it is crucial to expand the supply of renewable energy as well as to decrease energy consumption in order to achieve the goal of reducing greenhouse gas emissions and reaching economic growth.