• Title/Summary/Keyword: Market power

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A Study on the Analysis of Electric Energy Pattern Based on Improved Real Time NIALM (개선된 실시간 NIALM 기반의 전기 에너지 패턴 분석에 관한 연구)

  • Jeong, Han-Sang;Sung, Kyung-Sang;Oh, Hae-Seok
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.18 no.4
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    • pp.34-42
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    • 2017
  • Since existing nonintrusive appliance load monitoring (NIALM) studies assume that voltage fluctuations are negligible for load identification, and do not affect the identification results, the power factor or harmonic signals associated with voltage are generally not considered parameters for load identification, which limits the application of NIALM in the Smart Home sector. Experiments in this paper indicate that the parameters related to voltage and the characteristics of harmonics should be used to improve the accuracy and reliability of the load monitoring system. Therefore, in this paper, we propose an improved NIALM method that can efficiently analyze the types of household appliances and electrical energy usage in a home network environment. The proposed method is able to analyze the energy usage pattern by analyzing operation characteristics inherent to household appliances using harmonic characteristics of some household appliances as recognition parameters. Through the proposed method, we expect to be able to provide services to the smart grid electric power demand management market and increase the energy efficiency of home appliances actually operating in a home network.

Virtual Analysis of District Heating System Using ENetPLAN (EnetPLAN을 이용한 지역난방시스템 가상 운전 분석)

  • Ahn, Jeongjin;Lee, Minkyung;Kim, Laehyun
    • Journal of Energy Engineering
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    • v.28 no.3
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    • pp.18-25
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    • 2019
  • In this study, in order to solve the problem of the program of calculating code input by experienced users in the power generation, the wide area energy network research group developed the local heating operation analysis program EntPLAN, which can be easily used by anyone, including scalability, with domestic technology. Therefore, the Commission intended to compare the heat sources, heat demand, and the results of operation of the combined heat plant (CHP) on the energy network through simulation with the EnetPLAN and the program A on the market. The results showed that the heat and power output on the energy network of the EnetPLAN and A programs were mostly similar in pattern in the simulation results of the heat supply and the operation method of the accumulator. This enabled the application of the simulation for the various operation modes of the cogeneration facilities existing on the energy network. It is expected that EntPLAN, which was developed with domestic technology, will be easily applied in the field in the future and will present efficient operation simulation results.

Prototype Development of a Three-wheel Riding Cultivator and Its Basic Performance

  • Lee, Beom Seob;Yoo, Soonam;Lee, Changhoon;Choi, Il Su;Choi, Yong;Yun, Young Tae
    • Journal of Biosystems Engineering
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    • v.43 no.4
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    • pp.285-295
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    • 2018
  • Purpose: The aim of this study is to develop a three-wheel riding cultivator for improving the performance of the current four-wheel riding cultivators in the market. Methods: A prototype three-wheel riding cultivator with the rated power of 15.5-kW, a primary hydrostatic and a two-speed selective gear transmission shifts, front/rear three-wheel drive, a hydraulic wheel tread adjustment, and the mid-section attachment of the major implements was designed and constructed. Its specifications and basic performance are investigated. Results: The maximum speeds of the prototype at the low and high stages were measured to be approximately 7.31, and 11.29 km/h in forward travel, respectively, and approximately 3.60, and 6.37 km/h in rearward travel, respectively. The minimum ground clearance is shown to be 670 mm. The rotating speeds of the power takeoff (PTO) shaft at the low and high stages are shown to be approximately 795 and 1,140 rpm, respectively. The tread of the rear wheels, the minimum radius of turning, and the maximum lifting height of the parallel link device are measured to be within 1,320-1,720 mm, 2.80 m, and 390 mm, respectively. Approximately 25.3% and 74.7% of the total weight of the prototype are distributed in the front and rear wheels on flat ground, respectively. When the tread of rear wheels increased from 1,320 to 1,720 mm, the left and right static lateral overturning angles increased from $33.4^{\circ}$ to $39.1^{\circ}$ and from $29.0^{\circ}$ to $36.1^{\circ}$, respectively. Conclusions: The prototype three-wheel riding cultivator showed a wide range of travel and PTO speeds, high minimum ground clearance, small minimum radius of turning, and easy control of the rear wheel tread. Further, the easy observation of cultivating operations by mid-mounting the implements can improve quality of work. Therefore, the prototype is expected to contribute to the riding mechanization of cultivating operations for various upland crops in Korea.

An Analysis of Movements in the Labor Share of Income in the Korean Manufacturing Industries (한국 제조업에서의 노동소득분배율 변동요인 분석)

  • Hong, Jang-Pyo
    • Korean Journal of Labor Studies
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    • v.19 no.1
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    • pp.1-34
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    • 2013
  • Labor share of income in Korea has fallen from 90% in 1996 to 79% in 2010. This paper explores the factors driving the movements in the labor share of income based on a panel dataset containing 19 years of data on 18 Korean manufacturing industries. The effects of technical progress, globalization and the bargaining power of labor and capital on the labor share of income are tested for the period of 1991-2009. The main empirical results are as follows. (1) Capital-aug menting technical prog ress measured by capital-labor ratio and R&D intensity has a negative effect on the labor share. (2) Market openness measured by the value of export and import as a ratio to value-added production is found to have a positive impact. (3) Globalization of production measured by inward-FDI and outward-FDI as a ratio to total domestic fixed capital is found to have a negative impact on the labor share. (4) Union density is found to have had a statistically significant effect in 1991-1998. This finding is consistent with the efficient bargain model in which firms and workers bargain over both wages and employment. But union density is insignificant in 2000-2009. This implies that since the financial crisis in 1997, the bargaining institution in Korea has been approaching the right-to-manage model in which firms and unions bargain over wages and then firms set employment unilaterally. (5) Variables for domestic financialization measured by dividend-income ratio and financial-fixed assets ratio have an insignificant effect on labor share.

Development and Study of Separator for Plum and Pulp (매실 씨 및 과육 분리기 개발 및 연구)

  • Park, Woo-Jun;Yang, Kyu-won;Kim, Hyuck-Joo;Lee, Sang-Yoon;Jung, Bo-RA;Kim, Jung-Sil
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.22 no.2
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    • pp.378-385
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    • 2021
  • The production of plum jangachi requires the cleaning of plums, immersion in saltwater, separation of seed and pulp, removal of impurities, and addition of sugar. In most farms, the separation of plum seed and pulp is carried out manually, requiring considerable labor, which is why plum jangachi is expensive. To solve this problem, this study designed and manufactured automatic, semi-automatic plum seed and pulp separators. During the design process, the characteristics were compared, and the machine power was determined through on-site test after manufacture. As a result, automatic machines used plums 180° arrayed and six reverse-edged blades, semi-automated plums 180° arrayed, and six blades, each with a 68% and 57% pulp recovery rate and a machine power of 80 kg/h and 62 kg/h respectively. Overall, the mechanization of plum processed food will reduce labor and increase the market value of plums compared to the previous method.

A Study on the Standardization of Offshore Wind Power Technology and the Development of Localization of Parts (해상풍력 기술의 표준화 및 부품국산화 발전 방안 연구)

  • Choi, Jeongho;Choi, Young-Moon
    • Journal of the Korea Convergence Society
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    • v.12 no.5
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    • pp.191-196
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    • 2021
  • This paper proposes to strengthen the technological capabilities of small and medium enterprises on the establishment of a component standardization system and the localization of parts, which is the basis of the marine wind industry. The wind industry is a natural energy industry that countries around the world are paying attention to, and continues to invest and research and development. In particular, most companies are focusing on research and investment in component development, the smallest unit. Therefore, it is believed that we should focus on the three most fundamental and underlying wind industry, an eco-friendly energy industry that could determine the fate of the nation in the future. First, an understanding of the roadmap for standardization should be prioritized. Second, it is necessary to establish a domestic standardization of international standards according to domestic conditions. Third, localization of high value-added single products and components should be achieved by lowering dependence on overseas imports. In the future, it is hoped that the wind industry, centered on small and medium-sized enterprises, will become a solid-based national industry and be completed as a national infrastructure leading the global wind market.

Forecasting Korean CPI Inflation (우리나라 소비자물가상승률 예측)

  • Kang, Kyu Ho;Kim, Jungsung;Shin, Serim
    • Economic Analysis
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    • v.27 no.4
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    • pp.1-42
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    • 2021
  • The outlook for Korea's consumer price inflation rate has a profound impact not only on the Bank of Korea's operation of the inflation target system but also on the overall economy, including the bond market and private consumption and investment. This study presents the prediction results of consumer price inflation in Korea for the next three years. To this end, first, model selection is performed based on the out-of-sample predictive power of autoregressive distributed lag (ADL) models, AR models, small-scale vector autoregressive (VAR) models, and large-scale VAR models. Since there are many potential predictors of inflation, a Bayesian variable selection technique was introduced for 12 macro variables, and a precise tuning process was performed to improve predictive power. In the case of the VAR model, the Minnesota prior distribution was applied to solve the dimensional curse problem. Looking at the results of long-term and short-term out-of-sample predictions for the last five years, the ADL model was generally superior to other competing models in both point and distribution prediction. As a result of forecasting through the combination of predictions from the above models, the inflation rate is expected to maintain the current level of around 2% until the second half of 2022, and is expected to drop to around 1% from the first half of 2023.

Growth of Globalization Cultural Spread and Technological Innovation Study with Anti-Globalization (세계화의 문화 확산과 반세계화에 따른 기술혁신 성장연구)

  • Seo, Dae-Sung
    • The Journal of the Convergence on Culture Technology
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    • v.9 no.3
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    • pp.769-777
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    • 2023
  • Globalization has brought about rapid economic, technological, and cultural changes. In order for countries around the world to communicate, recognize and understand globalization, creativity or planning ability can be used to code. In this paper, we would like to present and prove a data analysis that can solve world problems. In the global market, the value of goods or services increases with connectivity. This connection is becoming one of the factors that increase the value of culture. Changes taking this into account promoted cultural spread and innovative growth, and increased productivity and competitiveness in each region of the world. This paper compares the income of the middle class in the United States on the impact of globalization and anti-globalization on cultural spread and innovative growth. Globalization has created an environment in which various elements of K-culture can interact and spread. Through the Internet, social media, and international travel, globalization has had a positive impact on Korea's innovative growth. In areas such as economic activity, technological innovation, and creative industries, globalization has facilitated new tech and approaches, Through this, it changed the existing economic model and contributed to exports K-culture with a new middle class model. However, globalization in the cultural industry can result in the loss of regional characteristics & individuality, which can lead to the middle class cultural unification and alienation(chasm). As a result of the empirical analysis of K-exports for the middle income in the United States, cultural diffusion and innovation must be developed even in anti-globalization. With these industrial changes the soft power value of the Korean Wave proves that it can create value for use for the middle class of major exporting countries.

The Effects of Proportion of Lead Investors and Investors' status on Investment Growth in VC Syndications (신디케이트 내부 VC 리드투자자 비중과 투자자 지위가 투자 성과에 미치는 영향력에 관한 연구)

  • Kim, Jieun;Oh, Jooyeon;Gao, Mengjin;Kim, YoungKyu
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.17 no.1
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    • pp.1-12
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    • 2022
  • This paper examines the influence of the portion of lead investors and investors' status on the investment performance of venture syndication. According to existing literature, multiple investors in VC syndicates can positively impact investment performance by investing both tangible and intangible resources in target companies based on market influence or high visibility. On the other hand, the presence of multiple leaders can cause conflicts in formulating and implementing investment strategy or free-riding problems or increase entry barriers for potential investors, lowering additional investment from existing investors. Therefore, we hypothesize that the relationship between proportion of lead investors and investment performance is inverted-U shape. Moreover, we predict that the status of VCs in the syndication will moderate the relationship between proportion of lead investors and investment performance since high-status actors are less likely to cooperate with or yield power to others. We tested these hypotheses using 24,677 VC syndicated investment data from 1991 to 2005 and found solid supports for the hypotheses. The findings suggest that firms need to consider relationship-based power dynamics among investors within a syndication and design effective role setting and coordination systems.

PASTELS project - overall progress of the project on experimental and numerical activities on passive safety systems

  • Michael Montout;Christophe Herer;Joonas Telkka
    • Nuclear Engineering and Technology
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    • v.56 no.3
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    • pp.803-811
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    • 2024
  • Nuclear accidents such as Fukushima Daiichi have highlighted the potential of passive safety systems to replace or complement active safety systems as part of the overall prevention and/or mitigation strategies. In addition, passive systems are key features of Small Modular Reactors (SMRs), for which they are becoming almost unavoidable and are part of the basic design of many reactors available in today's nuclear market. Nevertheless, their potential to significantly increase the safety of nuclear power plants still needs to be strengthened, in particular the ability of computer codes to determine their performance and reliability in industrial applications and support the safety demonstration. The PASTELS project (September 2020-February 2024), funded by the European Commission "Euratom H2020" programme, is devoted to the study of passive systems relying on natural circulation. The project focuses on two types, namely the SAfety COndenser (SACO) for the evacuation of the core residual power and the Containment Wall Condenser (CWC) for the reduction of heat and pressure in the containment vessel in case of accident. A specific design for each of these systems is being investigated in the project. Firstly, a straight vertical pool type of SACO has been implemented on the Framatome's PKL loop at Erlangen. It represents a tube bundle type heat exchanger that transfers heat from the secondary circuit to the water pool in which it is immersed by condensing the vapour generated in the steam generator. Secondly, the project relies on the CWC installed on the PASI test loop at LUT University in Finland. This facility reproduces the thermal-hydraulic behaviour of a Passive Containment Cooling System (PCCS) mainly composed of a CWC, a heat exchanger in the containment vessel connected to a water tank at atmospheric pressure outside the vessel which represents the ultimate heat sink. Several activities are carried out within the framework of the project. Different tests are conducted on these integral test facilities to produce new and relevant experimental data allowing to better characterize the physical behaviours and the performances of these systems for various thermo-hydraulic conditions. These test programmes are simulated by different codes acting at different scales, mainly system and CFD codes. New "system/CFD" coupling approaches are also considered to evaluate their potential to benefit both from the accuracy of CFD in regions where local 3D effects are dominant and system codes whose computational speed, robustness and general level of physical validation are particularly appreciated in industrial studies. In parallel, the project includes the study of single and two-phase natural circulation loops through a bibliographical study and the simulations of the PERSEO and HERO-2 experimental facilities. After a synthetic presentation of the project and its objectives, this article provides the reader with findings related to the physical analysis of the test results obtained on the PKL and PASI installations as well an overall evaluation of the capability of the different numerical tools to simulate passive systems.