• Title/Summary/Keyword: Fossil Energy consumption

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A Study on Construction of an Optimal Fossil Fuel Mix: A Portfolio-Based Approach (평균-분산 모형을 이용한 화석에너지원 소비조합 구성에 관한 연구)

  • Cha, Kyungsoo
    • Environmental and Resource Economics Review
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    • v.20 no.2
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    • pp.335-356
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    • 2011
  • In this paper, we attempted to suggest a way to evaluate appropriateness and efficiency for the energy consumption structure. For this, based on Markowitz (1952)' mean-variance portfolio model, we constructed an optimal fossil fuel mix. In constructing the optimal mix, we first defined returns on fossil fuels (oil, coal and natural gas) as TOE (Ton of Oil Equivalent) per $1. Then, by using the dynamic latent common factor model, we decomposed the growth rates of the returns on each fossil fuel into two parts : the common part and the idiosyncratic part. Finally, based on the results from the dynamic latent common factor model, we constructed the optimal fossil fuel mix implied by the mean-variance portfolio model. Our results indicate that for the fossil fuel mix to be on the efficient frontier, it is crucial to reduce oil consumption as low as possible. Moreover, our results imply that it is more efficient to increase natural gas consumption rather than coal consumption in reducing oil consumption. These results are in line with the strategies for the future energy consumption structure pursued by Korea and indicate that reduction in oil use can improve overall efficiency in energy consumption.

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Developing an Energy Consumption Model of Household Unit in Rural Area (농촌지역 농가 에너지소비 모델 개발)

  • Rhee, Shin-Ho;Wang, Jun;Yoon, Seong-Soo
    • Journal of The Korean Society of Agricultural Engineers
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    • v.50 no.4
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    • pp.99-109
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    • 2008
  • As the price of traditional fossil fuels continue to increase, more people attach importance to the pollution of the environment caused by fossil fuel's burning, developing and using renewable energy resources has become a very important project all over the world. Also, the rural energy planning which is another method to improve energy utilization ratio and reduce environment pollution, is also regarded as a very effective way to reduce the energy consumption. There is a quantity of renewable energy resources and natural tribes in rural area, which is both feasible to develop the renewable energy and the regional energy planning. To carry out this, it is needs to know the area's quantity of renewable energy resources and the total energy consumption. This paper is to find out the relationship between rural energy consumption and rural conditions, and to found a energy consumption model which can conjecture the energy consumption in rural family. and the cost of rural family's energy consumption was founded to conjecture how much money dose it cost in rural family's energy consumption. The energy consumption model was concluded using the surveys of 76 families in 14 villages at the area of Chungcheongbuk-Do(province). The main factors to energy consumption was selected out which were number of family members, acreage of house, acreage of farmland and family's annual income.

Ondol Heating System Using Heat Pump - Comparison of Energy Consumption between the Heat Pump and the Oil Boiler - (열펌프를 이용한 온돌 난방 시스템 - 열펌프와 석유보일러의 소요에너지 비교 -)

  • 김현철;송현갑
    • Journal of Biosystems Engineering
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    • v.24 no.4
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    • pp.351-358
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    • 1999
  • In these days, we are faced to a couple of difficult problems, the one is the unstable price of the energy due to the shortage of fossil fuel resources and the other is the serious environmental pollution from the excessive consumption of fossil fuel. In order to save the thermal energy for the house heating, in this study the heat pump using the natural thermal energy resources was provided for Ondol heating and the thermal energy consumption of the heat was compared to that of oil boiler. The results could be summarized as follows: 1. In the Ondol room the temperature difference between the Ondol surface and room air was about 5∼$10^{\circ}C$ in accordance with the ambient temperature. 2. The Ondol room heating efficiency of the heat pump with compressor of 2PS was the highest at the water flow rate of 200 l/h. 3. The energy saving rate of the heat pump to the oil boiler for heating the Ondol system was 19.3%. 4. The Ondol heating cost of the heat pump was less 20.6% than that of oil boiler when oil price was 478 won/l.

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Ocean Energy Resources and Its Application (해양 에너지 자원과 그 이용)

  • 강영승
    • Journal of the Korean Professional Engineers Association
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    • v.37 no.1
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    • pp.43-47
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    • 2004
  • The purpose of this article is to introduce ocean energy and its application. In recent years, the energy consumption and requirement of fossil resources are increased due to the advanced life style. But, the amount of fossil fuels have limitation. Also, it is difficult to construct new large power plant facilities for the production of electric energy. Therefore, the necessities to study and to find out other energy resources are increased more and more. In the ocean, the efforts of using tide, wave, tidal current and thermal energy are should be attempt. To satisfy the needs, corporation is required among the government, research institute, university and company.

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Energy,Environment and Education for Nuclear Energy Applications (에너지와 환경 및 원자력교육)

  • 이병휘
    • Hwankyungkyoyuk
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    • v.10 no.2
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    • pp.325-338
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    • 1997
  • Review of the global change in various energy usages and resulting environmental impacts were made in terms of population increase, economic development and energy consumption. Greater use of fossil fuels in past couple of centuries give rise to acid rain and gradual climate changes mainly due to Green House inducing gases emissions from fossil fuel combustion. In view of the forthcoming Kyoto conference in December, various alternative options were assessed. To cope with rapidly developing robust Korean economy, the alternative energy options for the sustainable development in 21st Century would be the wider use of Nuclear Energy in parallel with constrained use of fossil fuel and renewable energy development. However there are many hurdles to overcome. One of the most important element is to improve public acceptability of those alternatives. Since public acceptance depend heavily upon individual perception on specific energy technology applications, the basic energy technologies education from primary up to high school education and the related curriculum organization is important. The suggested improvement in education for Nuclear Energy Application was made on the basis of advanced industrial countries with substantial Nuclear Energy Application programs.

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A study on hybrid solar LED street light system (하이브리드 태양광 LED 가로등 시스템 연구)

  • Lee, Dong-Hyuk
    • Design & Manufacturing
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    • v.16 no.2
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    • pp.20-25
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    • 2022
  • In line with the rapid economic growth of many countries, fossil fuel energy sources are also rapidly depleting. Therefore, the price is also rising rapidly, so it is necessary to develop new and renewable energy sources such as hydropower, geothermal power, nuclear power, wind power and solar energy to replace fossil fuel energy in the future. In this study, development of rotating concentrator module system, development of rotating module control control system, development of lamp and charge control controller, configuration and prototype production of rotating concentrating solar LED street light system, efficiency of rotating concentrating solar LED street light, and power production. The research was conducted in the order of evaluation of comprehensive performance tests such as consumption and consumption. As a result, the developed high-efficiency rotation-concentrating hybrid solar LED street light module system has a 50% higher light-gathering efficiency than existing products by tracing sunlight by self-developing a rotation-collecting module on existing solar LED street lamps according to the characteristics of Korea's topography. and the power generation was improved by more than 40%.

An e-SAM Approach to the Analysis of Energy Consumption and CO2 Emissions in Korean Industry (환경사회계정행렬(e-SAM)을 이용한 산업활동의 환경 파급효과 분석)

  • Park, Chang-Gui;Lee, Kihoon
    • Journal of Environmental Policy
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    • v.12 no.1
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    • pp.101-123
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    • 2013
  • This research aims to find out the existence of considerable induced effect that the conventional I-O model cannot. First, we construct an environmental Social Accounting Matrix for Korea by combining statistics on the Korean GDP and I-O with physical data on the fossil energy consumption and $CO_2$ emissions. The impacts of productive activities on fossil energy consumption and $CO_2$ emissions are evaluated by calculating the e-SAM multipliers. By applying decomposition technique further, we get direct, indirect, and induced effects of production activities by industry. The result of decomposing the e-SAM shows that while the direct effect of the electricity industry is large, its indirect effect is very small. In the case of the primary metal industry, both the direct and the indirect influence of this industry were very large. On the contrary, in case of the service industry, the induced effect of fossil energy consumption was as high as 50% of the gross effect. These results suggest that different energy policies should be established for different industries. Also, the findings show the e-SAM model is better than I-O model in analyzing implications of policies on energy use in the economy.

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Study on the Thermal Characteristics of Concrete Using Insulation Performance Improve Material (단열성능향상 재료를 사용한 콘크리트의 열적 특성에 관한 연구)

  • Park, Young-Shin;Kim, Jung-Ho;Kang, Yeun-Woo;Youm, Kwang-Soo;Jeon, Hyun-Kyu
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2013.05a
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    • pp.227-228
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    • 2013
  • Recently, it is certain that the increase of heating and cooling energy consumption by radical change in climate condition has caused serious problems related to environmental and energy concerns associated with increase of fossil fuel usage and carbon dioxide production as well as global warming. So, various actions to reduce greenhouse gas exhaustion and energy consumption have been prepared by world developed countries. The energy consumption by buildings approximately reaches 25% of total korea energy consumption. The greatest part in the buildings of the energy consumption is building facade. but a few research projects on concrete comprising more than 70% of outsider of buildings has been tried. This research structural insulation concrete what improved insulation performance using insulation performance improve material.

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Study on the Thermal Conduction of Concrete using Insulation Performance Improvement Materials (단열성능향상 재료를 사용한 콘크리트의 열전도 특성에 관한 연구)

  • Kim, Jung-Ho;Park, Young-Shin;Kim, Sang-Heon;Jeon, Hyun-Kyu
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2014.05a
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    • pp.280-281
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    • 2014
  • Recently, it is certain that the increase of heating and cooling energy consumption by radical change in climate condition has caused serious problems related to environmental and energy concerns associated with increase of fossil fuel usage and carbon dioxide production as well as global warming. Therefore, various actions to reduce greenhouse gas and energy consumption have been prepared by world developed countries. The energy consumption by buildings approximately reaches 25% of total korea energy consumption. The greatest part in the buildings of the energy consumption is building facade. But a few research projects on concrete comprising more than 70% of outsider of buildings has been tried. This research is structural insulation concrete what improved insulation performance using micro form admixture and calcined diatomite powder and lightweight aggregate.

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Progress of renewable energy in India

  • Kar, Sanjay Kumar;Gopakumar, K.
    • Advances in Energy Research
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    • v.3 no.2
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    • pp.97-115
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    • 2015
  • Energy holds key to economic growth and prosperity of India. Currently, India has very high-energy import dependence, especially in the case of crude oil (80%) and natural gas (40%). Even coal import has been increasing over the years. Considering India's population growth, emphasis on manufacturing, production, and service industry, energy consumption is bound to increase. More fossil energy consumption means greater dependence on energy import leading to widening trade deficit and current account deficit. Therefore, exploitation of indigenous renewable energy production is necessary. The paper reviews the progress and growth of renewable energy production, distribution, and consumption in India. The paper highlights some of the enablers of renewable energy in India. The authors discuss the opportunities and challenges of increasing share of renewable energy to reduce energy import and address issues of energy security in India. The findings suggest that India is ready for a quantum leap in renewable production by 2022.