• International Area Studies Review
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• v.20 no.1
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• pp.23-51
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• 2016

This study analyzed the expected economic effects of the Korea-GCC FTA and sought strategies for industrial cooperation. To see the economic effects of Korea-GCC FTA, we analysed the effect of the oil tariff reduction of economy by Vector Autoregression(VAR) model. The estimation results shows that following the abolishment of the tariff on crude oil imports, GDP, GNI and consumption are expected to grow by 0.212%, 0.389% and 0.238%, respectively. Meanwhile, investment, export and import are estimated to drop by 0.462%, 0.413% and 0.342%, respectively. As for prices, producer prices are to rise by 6.356%p, whereas consumer prices fall by 2.996%p. In short, the Korea-GCC FTA and resultant abolishment of the tariff on crude oil imports followed by the decline in crude oil prices will result in declining prices whilst macroeconomic indices, such as GDP, GNI and consumption, will increase exerting positive effects on domestic economic growth. Also, it is necessary to proactively respond to GCC member states' industrial diversification policies for FTA-based industrial cooperation to diversify the sources of crude oil and natural gas imports for further resource risk management.

• Composites Research
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• v.32 no.2
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• pp.90-95
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• 2019

Sloshing impact loads on liquefied natural gas (LNG) carr iers are the main issue of damage to the insulation system in LNG cargo containment system (LNG CCS). The damage to the insulation system would be fatal in maintaining a temperature-savings environment in LNG CCS. The typical method is to enhance the insulation materials that can maintain a constant cryogenic temperature. Insulation materials consist of polyurethane foam and plywood, an adhesive for bonding these two materials. This study intends to improve the absorption energy of the material when the impact load is applied by creating a glass bubble/epoxy composite resin as part of the insulation. The experimental scenarios consider the effect of temperature ($20^{\circ}C$, $-163^{\circ}C$), glass bubble weight fraction in epoxy resin through free fall experiments. Experiments have shown that if the glass bubble additive reaches 20 wt.%, the cryogenic absorption energy is a maximum performance and that 0 wt.% has a maximum ambient absorption energy. However, the agglomeration has been occurred due to deterioration of the stirring performance if weight fraction was 20 wt.% and the result of 0 wt.% have been revealed that ambient absorption energy is significantly lower.

• Journal of Digital Convergence
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• v.17 no.7
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• pp.131-138
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• 2019

The world's electricity production ratio is 40% for coal, 20% for natural gas, 16% for hydroelectric power, 15% for nuclear power and 6% for petroleum. Fossil fuels also cause serious problems in terms of price and supply because of the high concentration of resources on the earth. Solar energy is attracting attention as a next-generation eco-friendly energy that will replace fossil fuels with these problems. In this study, we test the charge-operation plan and the discharge operation plan for peak-cut operation by applying the maximum power demand reduction simulation. To do this, we selected the electricity usage from November to February, which has the largest amount of power usage, and applied charge / discharge logic. Simulation results show that the contract power decreases as the peak demand power after the ESS Peak-cut service is reduced to 50% of the peak-target power. As a result, the contract power reduction can reduce the basic power value of the customer and not only the economic superiority can be expected, but also contribute to the improvement of the electric quality and stabilization of the power supply system.

• Journal of Navigation and Port Research
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• v.43 no.3
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• pp.143-152
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• 2019

In this paper, the towing stability of the LNG bunker barge was estimated. Currently, LNG bunkering barge is being developed for the bunkering of LNG (Liquefied Natural Gas), an eco-friendly energy source. Since the LNG bunkering barge assumes the form of a towed ship connected to the tow line, the towing stability of the LNG bunker barge is crucial f not only for the safety of the LNG bunker barge but also the neighboring sailing vessels. In the initial stages, a numerical code for towing simulation was developed to estimate the towing stability of the LNG bunkering barge. The MMG (Maneuvering Mathematical modeling Group) model was applied to the equations of motion while the empirical formula was applied to the maneuvering coefficients for use in the initial design stage. To validate the developed numerical code, it was compared with published calculation and model test results. Towing simulations were done based on the changing skeg area and the towing position of the LNG bunkering barge using the developed numerical codes. As a result, the suitability of the designed stern skeg area was confirmed.

• Clean Technology
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• v.25 no.3
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• pp.263-272
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• 2019

Air pollutants have a high impact on everyday life as well as on human health; therefore, new technologies such as low-emission vehicles and add-on systems for air pollutant reduction are needed for our society. However, the environmental benefits and costs of those technologies are not taken into account in existing economic feasibility assessments, which is a barrier that needs to be overcome for green technology to achieve wide dissemination and fast penetration in the market. Thus, this study develops a methodology to assess the economic feasibility of an air pollutant reduction technology by taking into account the social costs from air pollutants and carries out a case study to validate the methodology. Because the social unit costs for air pollutants have not been evaluated yet in South Korea, the methodology uses the social unit costs evaluated for the European Union that are then converted to those for South Korea based on the measuring criteria for vehicle emission gases, parity purchasing price, foreign currency exchange rate, and customer price index. The social unit costs for South Korea are used to assess economic feasibility. A case study was performed to assess the economic feasibility of a dual fuel system using diesel and compressed natural gas by taking into account social costs from air pollutants as well as economic costs. This study could contribute to assessing the true economic feasibility of green technology, projects, and policy related with air pollutant reduction.

• Journal of Life Science
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• v.29 no.10
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• pp.1120-1125
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• 2019

The short-lived nematode Caenorhabditis elegans has been used as a model organism for many studies, including lifespan extension. To screen common seaweeds for natural anti-aging agents, the lifespan of C. elegans (N2 wild-type strain) was measured by its hatch rate, growth rate, survival rate, chemotaxis, brood size, and egg-laying time after exposure to nematode growth medium (NGM) containing seaweed extracts. Approximately 30 animals synchronized at the first larval stage were incubated until they reached their adult stages before laying their eggs and were transferred to fresh NGM every 3 days. We also identified the major active compound from the seaweed by gas chromatography-mass spectrometry and tested its optimal dose for longevity. Of 13 common seaweed species, an ethanol extract of the brown seaweed Hizikia fusiformis showed the greatest effect on hatching, growth, and survival rates. The lifespan of C. elegans was significantly expanded 1.54-fold and 1.23-fold in the presence of the ethanol extract (0.05 mg/ml) and the main active component, fucosterol (0.05 mg/ml), respectively. Exposure to the ethanol extract also increased chemotaxis 1.13-fold, decreased brood size 0.74-fold, and shortened egg-laying time 0.96-fold. These results suggest that the aquaculturable H. fusiformis may be a promising source of a diet supplement to support health care.

• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 2019.05a
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• pp.185-188
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• 2019

In this paper, the towing stability of the LNG bunker barge is estimated. Currently, LNG bunkering barge is being developed as an infrastructure for the bunkering of LNG (Liquefied Natural Gas), an eco-friendly energy source. Since the LNG bunker barge are in the form of towed ship connected to the tow line, the towing stability of the LNG bunker barge is very important for the safety of not only the LNG bunker barge but also the surrounding sailing vessels. The numerical code for towing simulation was developed to estimate the towing stability of the LNG bunker barge at the initial design stage. The MMG(Manoeuvring Mathematical Group) model was applied to the equations of motion and the empirical formula was applied to the maneuvering coefficients so that they could be used in the initial design stage. To validity of the developed numerical code, it was compared with published calculation and model test results. Towing simulations were carried out according to with and without stern skeg of the LNG bunker barge using the developed numerical code. Through the results of the simulations, the appropriateness of the stern skeg area designed was confirmed.

• Environmental and Resource Economics Review
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• v.29 no.4
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• pp.499-520
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• 2020

Input ratio of electricity to other production inputs in the Korean manufacturing sector has been higher than for the other OECD countries. In addition, electricity prices in Korea has been relatively lower than the average of OECD countries. Moreover, electricity sector is responsible for most CO2 emissions in Korea as coal and natural gas account 41.9% and 26.8% of electricity production as of 2018. Therefore, it looks inevitable to raise the electricity tariff for the manufacturing sector in Korea, but there is a concern that increase in the electricity tariff might affect small and medium enterprises (SMEs) more than large firms. This study estimates electricity demand's price and output elasticities for large firms and SMEs in steel industry by employing a time varying parameter model (Kalman filter). The analysis shows that changes in output levels regardless of firms' size affect electricity demands more significantly than do changes in electricity prices. Second, large firms have higher variances for both price and output elasticities of electricity demand. Third, large firms have higher price elasticity but lower output elasticity of electricity demand relative to SMEs. Policy implications are suggested in association with how to reduce electricity demands in the energy-intensive industry.

• Korean Journal of Mineralogy and Petrology
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• v.35 no.1
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• pp.75-81
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• 2022

Given that China's resource research, exploration and development and resource economy policies are closely related to Korea's industrial competitiveness in the field of global mineral energy resources, it is important to establish the domestic and overseas resource development strategies. In 2020, China will revise and set standards for mineral resources to ensure efficiency in exploration and development and storage management. China's Ministry of Natural Resources has established the National Mineral Resources Plan (2021-2025), aiming to achieve national goals and strategies, and local governments at all levels are also establishing and implementing regional mineral resources plans. As a result, the supervision and management of geological mineral exploration activities have been strengthened, and the safety of industrial production management in the field of geological mineral exploration and development has been strengthened. China has developed guidelines for high-quality geological exploration, surveying and mapping, improved the level of geological mineral exploration and strengthened the mining supervision and management system. According to China's standardization of mineral resources such as solid mineral resources and petroleum gas mineral resources, a new standard system for resource management will be established in China to improve scientific understanding, rational management and utilization.

• Korean Journal of Plant Resources
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• v.35 no.2
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• pp.362-371
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• 2022

This study was conducted to analyze the fragrance characteristics of Cymbidium 'Saelbit' and 'Midan' according to floral organs. As test materials, full bloom flowers were divided into four organs: sepal, petal, labellum, and column. Using the gas chromatography (GC) based electronic nose, fragrance patterns, intensity, and volatile components were analyzed. Principle component analysis (PCA) and discriminant factorial analysis (DFA) plots by electronic nose data showed that volatiles of both cultivars have a distinct difference in fragrance patterns according to the floral organs, and the value of fragrance distance and pattern discrimination index (PDI) between samples was significantly high between control and sepals in both cultivars. Among the main fragrance components, several components including nootkatone were detected in both cultivars and all floral organs. However, few components such as decane were found in specific cultivar or floral organs. These results will provide useful information to select suitable materials with desired fragrance and to enhance the utilization of domestic Cymbidium cultivars. In addition, considering the recent negative perception of artificial ingredients and the growing demand for natural materials, continuous researches on scent properties of promising cultivars are required.