• Nuclear Engineering and Technology
• /
• v.56 no.7
• /
• pp.2850-2858
• /
• 2024

Amidst the uncertainties of climate policy, investing in nuclear energy technology emerges as a sustainable strategy, fostering innovation in a critical sector, while simultaneously addressing urgent environmental concerns and managing budgetary dynamics. Our investigation inspects the asymmetric influence of climate policy uncertainty on nuclear energy technology in the top 10 nations with the highest nuclear energy R&D budgets (Germany, Japan, China, France, USA, UK, India, South Korea, Russia, and Canada). Previous studies adopted panel data methods to evaluate the linkage between climate policy uncertainty and nuclear energy technology. Nonetheless, these investigations overlooked the variability in this association across various countries. Conversely, this investigation introduces an innovative tool, 'Quantile-on-Quantile' to probe this connection merely for every economy. This methodology concedes for a more accurate evaluation, offering a holistic global perspective and delivering tailored insights for individual countries. The findings uncover that climate policy uncertainty significantly reduces nuclear energy technology budgets across multiple quantiles in most selected economies. Additionally, our results highlight the asymmetries in the correlations between our variables across the nations. These findings stress the need for policymakers to conduct thorough assessments and skillfully manage climate policy uncertainty and nuclear energy budgets.

• 한국신재생에너지학회:학술대회논문집
• /
• 2009.06a
• /
• pp.196-199
• /
• 2009

Korean government decided to give a subsidy for renewable energy system of green home. This policy will make an appeal to consumers. But For success of this policy, Economic benefit of consumer is essential. In this study, benefit and cost is seperated to consumer part and government part, respectively. consumer's benefit is energy saving and asset value increment. Consumer's cost is real input money except government's subsidy. Government's benefit is consist of energy import reduction, carbon discharge reduction and new production increment, As a result, the government subsidy will not so enough to activate the green home. PV system for the korean general apartment has the payback period of 19 years. So, For the dissemination of renewable energy of green home, more strong subsidy policy and more economic technoloy development is requested.

• Journal of Hydrogen and New Energy
• /
• v.18 no.2
• /
• pp.207-215
• /
• 2007

The rapid changes of energy environment such as high oil price, united nations framework convention on climate change, and the hydrogen economy have been happening to provide national energy security in the 21st century, we need to build strategic approach for coping with energy environment. From a long-term viewpoint of energy technology development, it's time to develop energy technology with selection and specification. In this study, we build energy technology roadmap for establishing the hydrogen economy with a long-term strategy. We analyze economic spin-offs and commercial potential for establishing energy technology roadmap of energy technology development for establishing the hydrogen economy.

• Journal of the Korean Solar Energy Society
• /
• v.38 no.2
• /
• pp.45-53
• /
• 2018

For the preliminary step for estimating the performance of roof-type photovoltaic system in urban areas, we analyzed the solar radiation reduction ratio by shadow effect by buildings using DSM (Digital Surface Model) and GIS (Geographical Information System) tools. An average loss by the shadow is about 19% in Seoul. The result was related to the building density and distribution. Monthly results show that the winter season (December and January) was more affected by the shading than during the summer season (June and July). It is expected that useful empirical formulas can be made if more detailed correlation studies are performed.

• Korean Journal of Legislative Studies
• /
• v.23 no.1
• /
• pp.151-185
• /
• 2017

Seoul's One Less Nuclear Power Plant is the major urban energy policy launched in April 2012. Its effort to respond to climate change and energy crisis in the aftermath of the Fukushima nuclear accident turned out very successful, considering huge decrease of energy consumption. However, the question of how the cut of energy consumption was possible remains unanswered. This paper introduces the concept of urban governance capacity as the cause of the success. It is the managing and governing capability to maintain the logical consistency policy system, comprising of policy perception, goals, policy tools and evaluation. Without this logical correspondence between the policy factors, any system including energy regime easily falls apart during the systemic transitional period. Governance capacity provides the integrating framework, so that the system as a whole maintains the internal homeostasis.

• Journal of Energy Engineering
• /
• v.19 no.1
• /
• pp.1-7
• /
• 2010

This experimental study suggests some alternatives for stable growth and environmental conservation, responding to the unstability of global energy market and the regulations to greenhouse gas reduction. It introduces the energy-chain approach optimizing the whole processes extending energy production, transfer, and exploitation. And the alternatives are covered from low-carbon & environment-friendly energy-specific innovation system, transformation of major industries to low-carbon & environment-friendly industries, upgrading of energy efficiency, procurement of energy sources to policy cluster.

• 한국신재생에너지학회:학술대회논문집
• /
• 2009.11a
• /
• pp.270-280
• /
• 2009

New and renewable has the potential to play an important role in providing energy with sustainability to Vietnamese people. Over the past few years, the Vietnamese government has promulgated several policies in an effort to promote the use of new and renewable energy. However, the development of new and renewable energy in Vietnam is still stagnant, the share of new and renewable energy in total commercial energy is insignificant. The study aims to analyze the developments in renewable energy policies and prospects for Vietnam based on the Korean experience in promoting new and renewable energy. By referring to the policy instruments adopted by the Korean government as well as the results of these policy, recommendations and proposals are provided in order to overcome the barriers to the new and renewable development in Vietnam.

• Asian Journal of Innovation and Policy
• /
• v.5 no.2
• /
• pp.208-224
• /
• 2016

The Korean government considers expanding the WtE share of total energy from 1% to 5% by 2020 through research and development (R&D) in waste-to-energy (WtE) technologies. This study attempts to measure the external benefits of investing in R&D in these technologies. To this end, a contingent valuation (CV) is employed. More specifically, a 2016 national survey of randomly selected 1,000 households was carried out across the nation to gauge the willingness to pay (WTP) for the investment. One-and-one-half-bounded dichotomous choice question was used in the CV survey, and the spike model was applied to dealing with zero WTP responses. The mean yearly WTP is estimated to be KRW 4,175 (USD 3.57) per household, which is statistically significant at the 1% level. Expanding the value to the entire nation translates into an investment of about KRW 79.1 billion (USD 67.6 million), which can be interpreted as the annual external benefit of the R&D investment in WtE technology.

• Journal of the Korean Solar Energy Society
• /
• v.39 no.3
• /
• pp.67-79
• /
• 2019

The reliable Typical Meteorological Year (TMY) data, sometimes called Test Reference Year (TRY) data, are necessary in the feasibility study of renewable energy installation as well as zero energy building. In Korea, there are available TMY data; TMY from Korea Institute of Energy Research (KIER), TRY from the Korean Solar Energy Society (KSES) and TRY from Passive House Institute Korea (PHIKO). This study aims at examining their characteristics by using Principle Component Analysis (PCA) at six ground observing stations. First step is to investigate the annual averages of meteorological elements from TMY data and their standard deviations. Then, PCA is done to find which principle components are derived from different TMY data. Temperature and solar irradiance are determined as the main principle component of TMY data produced by KIER and KSES at all stations whereas TRY data from PHIKO does not show similar result from those by KIER and KSES.

• New & Renewable Energy
• /
• v.18 no.2
• /
• pp.60-72
• /
• 2022

The environmental, social, and governance (ESG) score is gaining recognition as important nonfinancial investment criteria. With climate change emerging as a global issue, energy companies must pay attention to the ESG impact on corporate performance. In this study, the ESG impact on the performance of energy companies was analyzed based on 23 companies selected from the S&P 500. The panel corrected standard error methodology was used. The Refinitiv ESG score was the independent variable, and financial performance metrics, such as Tobin's Q, return on assets, and return on equity, were the dependent variables. It was found that the ESG score is positively associated with long-term corporate value but not with short-term profitability in the electricity utility industry. Among the subcategories of ESG, the environmental and social scores also showed positive correlations with long-term corporate value. A direct incentive policy is recommended that can offset expenses for ESG activities to reduce carbon emission in the energy sector.