• The Journal of Asian Finance, Economics and Business
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• v.9 no.5
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• pp.201-211
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• 2022

The economic development of most countries in the world has negatively impacted fossil energy resources. Fossil energy sources such as petroleum and coal are increasingly depleted. When energy sources are exhausted, renewable energy sources are growing strongly. Renewable energy development can help to replace diminishing fossil fuels. Furthermore, the usage of renewable energy can contribute to a green economy and sustainable development by protecting the environment. Solar power on the roof is one of the many renewable energy sources available. But at present, the investment in roof voltage systems has not developed strongly in Vietnam. This paper uses the SEM model to evaluate the factors affecting investment in rooftop solar power in some provinces of Vietnam. The article uses the household interview method. The article has given 8 factors affecting the decision to invest in rooftop solar power for households. Research results show that most of the factor variables have a positive impact on the decision to invest in rooftop solar power. Based on assessing the factors affecting the decision to invest in rooftop solar power, the article will provide conclusions and policy suggestions to increase investment in rooftop solar power in Vietnam.

• Nuclear Engineering and Technology
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• v.55 no.2
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• pp.587-594
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• 2023

This study investigates the impacts of nuclear energy consumption on environmental quality from a different perspective by focusing on carbon dioxide (CO2) emissions, ecological footprint, and load capacity factor. In this context, the South Korea case, which is a leading country producing and consuming nuclear energy, is investigated by considering also economic growth, and the 1997 Asian crisis from 1977 to 2018. To this end, the study employs the autoregressive distributed lag (ARDL) approach. Different from previous literature, this study proposes a load capacity curve (LCC) and tests the LCC and environmental Kuznets curve (EKC) hypotheses simultaneously. The analysis results reveal that (i) the LCC and EKC hypotheses are valid in South Korea; (ii) nuclear energy has an improving effect on the environmental quality; (iii) renewable energy does not have a significant long-term impact on the environment; (iv) the 1997 Asian crisis had an increasing effect on the load capacity factor; (v) South Korea has not yet reached the turning point, identified as $55,411, where per capita income improves environmental quality. Overall, the results show the validity of the LCC and EKC hypotheses and prove the positive contribution of nuclear energy to South Korea's green development strategies.

• Korean Journal of Agricultural Science
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• v.38 no.1
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• pp.183-190
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• 2011

The paper is to analyze multi-attributes for expanding new renewable energy in agricultural sectors which have environmental, technical, economic, and social factors consisting of 15 attributes which have both positive and negative impacts. We applied the analytic hierarchy process (AHP) to data from opinion polls. As a result of the AHP survey, the overall results indicate that the respondents more weight on economical factor than environmental, technical, and social factors for expanding new renewable energy. At the lowest level, a comparison of individual 15 attributes within three factors shows that fixed cost highest in multi-attributes, followed by operating cost, technical superiority. To achieve the public acceptance about expanding new renewable energy in agricultural sectors, the policy-makers should take all relevant factors into account through the decision-making process by the public opinions.

• Environmental and Resource Economics Review
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• v.10 no.4
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• pp.569-589
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• 2001

We examine historical contributions of inter fuel substitution, changes in carbon efficiency and energy intensity, growth of economy and population to Korea's $CO_2$ emissions from 1970 to 1998 using the log mean weight Divisia index method. The study reveals that economic growth is the most significant factor to $CO_2$ emissions growth among the five factors. Changes in the fuel substitution and carbon coefficient are found negative contributors to $CO_2$ emissions growth. Energy intensity, which played dominant role in halting $CO_2$ emissions growth in the 1980s, began to play reversed role in the 1990s. When evaluated with the log mean Divisia index technique, deterioration of energy intensity in the 1990s is found worse and expected to contribute $CO_2$ emissions growth further.

• 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%.

• Journal of environmental and Sanitary engineering
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• v.23 no.1
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• pp.1-15
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• 2008

Yanbian Korean Autonomous Prefecture(YKAP) possesses the potential to become the first testing ground for the North-East Asian Energy Cooperation in renewable energy sector. We found that production of biodiesel from rapeseed and CHP (Combined Heat and Power Plant) project utilizing abundant forest resources are the two main bioenergy development projects which may have further development potential considering the resource endowments and the focus of Chinese governments' current rural development policy. Provision of stable and transparent investment environments and the development of a close cooperation mechanism between Korea and China government are the prerequisite conditions for investments in the sector. Other international institutional agreements, such as CDM, shall be fully utilized for biomass CHP projects.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.66 no.7
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• pp.1025-1031
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• 2017

This study compares the characteristics and the determinants of household electricity consumption for low electricity consuming and high electricity consuming households. The data are drawn from a household energy consumption sample survey by Korea Energy Economics Institute in 2015. The results show the differences in socio-demographic, dwelling, and electricity consumption characteristics between two households. Next, the factors affecting the household's electricity consumption are investigated. Common factor affecting the electricity consumption function is only the number of electrical appliances. There are also the differences in major determinants of the household's electricity consumption functions for two households. The results of this study would be useful for understanding socio-demographic, dwelling, and electricity consumption characteristics of low electricity consuming and high electricity consuming households.

• Nuclear Engineering and Technology
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• v.16 no.2
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• pp.116-122
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• 1984

• Environmental and Resource Economics Review
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• v.29 no.3
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• pp.389-418
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• 2020

Some OECD countries are showing signs of decoupling in the transportation sector. In terms of sustainable development, the decoupling of economic activities and greenhouse gas emissions in the transportation sector is very important. This study calculated a decoupling index of greenhouse gas emissions in the transportation sector for 25 OECD countries. Also this study analyzed the impact of energy transition on decoupling regimes. According to the analysis, a considerable number of countries have reached the decoupling phase, and some countries have shown strong decoupling regime in which greenhouse gas emissions are reduced despite economic growth. From ordered panel logit analysis, energy transition had significant impact on achieving decoupling phase. Electrification of transport had a positive effect on the decoupling, while the gasification was not significant. In addition, small traffic, high urbanization rates, strong environmental policies, and high trade opening have had significant effects on achieving decoupling.

• Environmental and Resource Economics Review
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• v.28 no.3
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• pp.437-465
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• 2019

In this study, we propose a new method to forecast long-term energy demand in Korea. Based on Chang et al. (2016), which models the time varying long-run relationship between electricity demand and GDP with a function coefficient panel model, we design several schemes to retain objectivity of the forecasting model. First, we select the bandwidth parameters for the income coefficient based on the out-of-sample forecasting performance. Second, we extend the income coefficient using the functional principal component analysis method. Third, we proposed a method to reflect the elasticity change patterns inherent in Korea. In the empirical analysis part, we forecasts the long-term energy demand in Korea using the proposed method to show that the proposed method generates more stable long term forecasts than the existing methods.