• Asian Journal of Innovation and Policy
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• v.5 no.2
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• pp.197-207
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• 2016

This paper seeks to measure the monetary value of technical development in the deep seabed manganese nodule mining by applying the compound option model (COM). The COM is appropriate for the project in terms of its decision-making structure and embedded uncertainty. The estimation results show that the deep seabed mining project has more economic potential than shown by the previously obtained results from the discounted cash flow (DCF) analysis. In addition, it is reasonable to invest in the project taking the various uncertainty factors into consideration, because the ratio of the value to the cost of the project is far higher than one. This information can be utilized in national ocean policy decision-making.

• Journal of the Korean Solar Energy Society
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• v.38 no.6
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• pp.27-36
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• 2018

Typical Meteorological Year Dataset is necessary for the renewable energy feasibility study. Since National Renewable Energy Laboratory has been built Typical Meteorological Year Dataset in 1978, gridded datasets taken from numerical weather prediction or satellite imagery are employed to produce Typical Meteorological Year Dataset. In general, Typical Meteorological Year Dataset is generated by using long-term in-situ observations. However, solar insolation is not usually measured at synoptic observing stations and therefore it is limited to build the Typical Meteorological Year Dataset with only in-situ observation. This study attempts to build the Typical Meteorological Year Dataset with satellite derived solar insolation as an alternative and then we evaluate the Typical Meteorological Year Dataset made by using satellite derived solar irradiance at Daejeon ground station. The solar irradiance is underestimated when satellite imagery is employed.

• Journal of Broadcast Engineering
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• v.23 no.6
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• pp.836-854
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• 2018

This study is analyzing the effects of energy conservation consciousness on Korean energy saving behavior through the mediating effects of energy-related broadcasting media, such as TV. The study is carried out through the survey with structured questionnaire for each factors, using a mediating analysis based on PROCESS Macro proposed by Hayes (2013). The results of the study have been found that people with higher energy conservation consciousness displayed energy saving behavior more frequently and more actively for energy saving behavior as they were more exposed to energy-related broadcasting media. By energy-related broadcasting media the effect of energy public service ad and campaign was the largest at 15.3%, followed by energy news at 12.1%. But energy documentary has no effect on energy saving behavior. Based on the results of this analysis, it is necessary to establish a broadcasting policy that enhances the frequency of energy-related broadcasting media and energy documentary that can induce energy saving behavior. It is also necessary to make efforts to increase the reliability of analysis through empirical data such as electricity bills and fuel cost which show the actual saving level by energy saving behavior.

• Journal of Environmental Policy
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• v.3 no.1
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• pp.71-94
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• 2004

The purpose of this study is to propose a way to develop and disseminate the renewable energy technologies and industries in the local community. Fundamentally, the renewable energy is able to reduce environmental pollution and diminish a use of fossil-fuel energy in the local area. And it will lead to promoting regional sustainable energy in the future, as well as making contributions to local economic development. Above all, based on the environmental conservation project, including greening of the city and improving water quality, Daegu metropolitan city has launched a series of renewable energy projects, such as solar city programs and local energy plan. But, some problems still exist, due to the technological, economic and socio-political barriers. Thus, to encourage and disseminate a renewable energy in Daegu city, we need to examine a present condition on renewable energy and analyze constraint elements to prevent its distribution. Based on the results, we have to set the feasible strategy to develop and disseminate renewable energy in Daegu city and help it systematically integrate renewable energy technologies and industries into environmental economics and city planning. Ultimately, to achieve this purpose, we need to adopt the following policy measures: (1) establishment of a master plan for renewable energy; (2) interconnection between local development project and energy industry; (3) promotion of technological development; (4) inducement of and assistance to renewable energy industry; (5) fostering venture companies; (6) specializing Daegu's public office by energy-specific education programs. In particular, local entities including local company, consumers, policy-makers and citizen's groups have to pay attention to local energy plan for the regional sustainable energy future. These measures will lead to establishing an environmentally friendly and sustainable city.

• Journal of the Korean Solar Energy Society
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• v.30 no.2
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• pp.1-9
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• 2010

This study has intended to analyze citizen's recognition on Photovoltaic (PV) System Supply Policy in Korea. To reach this goal, this study has employed a survey method and statistical analysis. We have asked 140 citizens knowing the policy to some degree to answer questionnaires including various contents related to PV supply policy driven by central government of Korea. The contents of questionnaires consist of three parts: 1) supply policies, 2) PV system and 3) expected effect from the policy. To verify any differences among the characteristics of respondents, ANOVA (Analysis of Variance) was carried out in 95% confidence level. This study has found the following results: 1) most citizens were positive about the 'Photovoltaic System Supply Policies'; 2) most citizens anticipated the policy would be helpful to cope with the environmental problems and energy crisis and 3) there exit subtle differences between residents according to the respondent's characteristics such as sex, age, occupation, and housing type.

• STI Policy Review
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• v.2 no.2
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• pp.11-24
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• 2011

S&T policy has been traditionally regarded as a sector policy; however, it is now evolving into an infrastructure innovation policy that forms the foundation of diverse types of policies. Simultaneously, environmental and energy policies formerly considered as sector policies are now being expanded and integrated into a higher level policy for sustainable development. With these changes underway, the importance of policy integration has increased. Efforts are being made to minimize contradictions between environmental, social, and innovation policies that emphasize proactive linkage among policies or place the highest priority on environmental policy following the theory of Environmental Policy Integration (EPI). Confronted with these policy changes, the Lee Myung-bak government announced "Low-Carbon Green Growth" in 2008 as national agenda for development that focus attention on environmental and energy issues. Economic policy and environmental policy have been traditionally seen in a conflicting relationship with different paths of policy development. However, the administration of President Lee is now emphasizing the synergy effects between the environment and economic growth with the concept of green growth. The green growth policy of the Korean government has great significance as it has built a momentum for incorporating social goals such as environmental values or sustainable development into economic growth-oriented policies; however, there remain many challenges due to the legacy of the development period that has dominated Korean society. The Korean government says it reflects "EPI" or "environmentalism" in policy goals; however, in reality it prioritizes development over the environment.

• Journal of Korean Society of Water and Wastewater
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• v.29 no.2
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• pp.171-182
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• 2015

The economic effects of sewage and wastewater treatment service (SWTS) sector on other sectors have been rarely investigated in the literature. This paper attempts to apply an inter-industry analysis to looking into the economic effects of the SWTS sector. To this end, the most recently published 2012 input-output table is used here. In particular, the SWTS sector is specified as exogeneous to identify the economic effects of the SWTS sector on other sectors. Production-inducing effect, value-added creation effect, and employment-inducing effect are quantified based on demand-driven model. Supply shortage effect and price pervasive effect are also analyzed employing supply-driven model and Leontief price model, respectively. The results show that production-inducing effect and value-added creation effect of a unit of investment or production in SWTS sector are estimated to be 1.7076 and 0.7392, respectively. The employment-inducing effect of one billion of investment or production in the SWTS sector is computed to be 11.0498 persons. The shortage effect of the SWTS sector amounts to 0.8417 won. The overall price effect of the 10% increase in the price of SWTS sector is calculated to be 0.0115%. This quantitative information can be utilized in predicting the economic effects of the SWTS sector-related activities or policy-making.

• Journal of Climate Change Research
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• v.6 no.4
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• pp.367-377
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• 2015

This study analyzed the effectiveness of China's policy to reduce of sulfur dioxide. China's $12^{th}$ Five-year plan on national economic and social development emphasized environmental protection and low-carbon economic development. Sulfur dioxide was one of the major gases to affect air pollution and climate change and its control became a key policy agenda in the environment and energy sector. As the absolute amount of sulfur dioxide emissions in China came from the industrial sector, the control of the coal-based energy was especially urgent. This study analyzed the factors that influenced the sulfur dioxide emissions and the policy effects to reduce sulfur dioxide in China from 2003 to 2012 based on regional data. The air pollution treatment investments showed the biggest impact together with energy conservation policy in reducing sulfur dioxide emissions. However, pollutant emissions charge did not show a relevant policy effectiveness in all regions as the amount of charge would be smaller than economic benefit from non-compliance. Rationalizing pollutant emissions charge is, therefore, a key policy task for further reduction of sulfur dioxide emissions.

• Nuclear Engineering and Technology
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• v.56 no.4
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• pp.1234-1243
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• 2024

The pressing need to mitigate greenhouse gas emissions has stimulated a renewed interest in nuclear energy worldwide. However, while numerous countries have shown interest in nuclear power over the course of history, many of them have not continued their pursuit and chosen to defer or abandon their peaceful nuclear power projects. Scrapping a national nuclear power program after making initial efforts implies significant challenges in such a course or a waste of national resources. Therefore, this study aims to identify the crucial factors that influence a country's decision to terminate or hold off its peaceful nuclear power programs. Our empirical analyses demonstrate that major nuclear accidents and leadership changes are significant factors that lead countries to terminate or defer their nuclear power programs. Additionally, we highlight that domestic politics (democracy), lack of military alliance with major nuclear suppliers, low electricity demand, and national energy security environments (energy import, crude oil price) can hamper a country's possibility of regaining interest in a nuclear power program after it has been scrapped, suspended, or deferred. The findings of this study have significant implications for policymakers and stakeholders in the energy sector as they strive to balance the competing demands of energy security, and environmental sustainability.

• Journal of Energy Engineering
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• v.28 no.2
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• pp.1-17
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• 2019

This article analyzes causal relationships among gross domestic product(GDP), electricity consumption, carbon dioxide($CO_2$) emission and foreign direct investments(FDI) inflow of Korea over the period from 1976 to 2014, using unit root test, cointegration test, and vector error correction model(VECM). As the results, this article found (1) a long-run bi-directional causality between GDP and electricity consumption, which may imply a negative impact of electricity consumption-saving policy on economic growth, (2) uni-directional short- and long-run causalities running from $CO_2$ emission to GDP, and a uni-directional long-run causality running from $CO_2$ emission to electricity consumption, which can result in a negative impact of $CO_2$ emission reduction policy on economic growth and electricity consumption, (3) a uni-directional long-run causality running from FDI to GDP, and uni-directional short- and long-run causalities running from FDI to electricity consumption, which may result from relatively lower electricity prices than investing countries, (4) no causality between FDI and $CO_2$ emission, which is based on the characteristics of FDI composed of service industries. Considering the above causal relationships among the four variables, the policy implication needs to focus on the electricity demand management based on the relevant R&Ds, and on the gradual transition from fossil fuel- to renewable-energy. Adaptive policy to increase the FDI inflow is also needed.