• Proceedings of the Korean Institute of Building Construction Conference
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• 2012.11a
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• pp.143-145
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• 2012

Overseas construction industry has performed the leading role in the economic development. In this study, effect of international oil prices, GDP and price index, on the regional international construction contract amount is compared and analyzed. Overseas construction market received a devastating effect due to the 1997's economic crisis. However, the market has remained stable since 1998, and since 2005, the trend has been a surge in new orders.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.58 no.4
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• pp.700-707
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• 2009

The application of renewable energy in electric power systems is growing rapidly in order to make provision for the inequality of the climate, the dwindling supplies of coal, oil and natural gas and a further rise in oil prices. Solar cell generators(SCG) is one of the fastest growing renewable energy. This paper presents a methodology on probabilistic production cost simulation of a power system including SCGs. The generated power by SCGs is variable due to the random variation of solar radiation. In order to solve this problem, the SCGs is modeled as multi-state operational model in this paper. Probabilistic production cost of a power system can be calculated by proposed method considering SCGs with multi-state. The results show that the impacts of SCGs added to a power system can be analyzed in view point of production cost using the proposed method.

• Proceedings of the KIEE Conference
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• 2009.07a
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• pp.468_469
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• 2009

The application of renewable energy in electric power systems is growing rapidly in order to make provision for the inequality of the climate, the dwindling supplies of coal, oil and natural gas and a further rise in oil prices. Solar cell generators(SCG) is one of the fastest growing renewable energy. A study on the renewable energy is getting more important for the application of renewable energy. This paper presents the capacity factor of SCG by calculating the probabilistic production energy of SCG.

• Journal of Environmental Science International
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• v.7 no.3
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• pp.327-334
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• 1998

The oil crisis of the 1970s and the rise in oil prices motivated people to implement energy conservation strategies. Buildings were fitted with additional Insulation and reduced ventilation rates. The reduction of mechanical and natural ventilation rate led to Increases In Indoor pollutant concentrations which result- ed In Increased health risks from Indoor exposure to pollutants. The variable-air-volume /bypass fitration system/VAV/BPFS) is a variation of the conventional VAV systems, The VAV/BPFS is an electronically controlled system that provides costegectlve thermal comfort and acceptable indoor air quality Under controlled conditions In a chamber, a series experiments were performed to compare the ability of a VAV/BPFS to remove Indoor aerosol concentration and to reduce energy consumption no that ability of conventional VAV system. Results show that the VAV/BPFS Increases the effective ventilation rate and removes indoor air pollutant, and maintains acceptable indoor air Quality without sacrificing energy consumption.

• Journal of the Korean Solar Energy Society
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• v.31 no.1
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• pp.115-120
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• 2011

The energy used in Korea is strongly dependent on that produced by foreign countries. Accordingly, saving energy is more important than ever, because of the rise of international oil prices and depletion of oil resources. The development of energy efficient buildings is required especially for public buildings in Korea. In this study, the energy use of public buildings is identified. Then, the analysis of energy usage through regional offices in Busan City offers energy saving measures for public buildings.

• 한국태양에너지학회:학술대회논문집
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• 2011.11a
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• pp.196-201
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• 2011

The energy used in Korea is strongly dependent on that produced by foreign countries. Accordingly, saving energy is more important than ever, because of the rise of international oil prices and depletion of oil resources. The development of energy efficient buildings is required especially for public buildings in Korea. In this study, the energy use of public buildings is identify. Then, the analysis of energy usage through regional offices in Busan City offers energy performance for public buildings.

• Geosystem Engineering
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• v.21 no.6
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• pp.297-308
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• 2018

In this paper, we investigate the differences between LNG price of South Korea and Japan. Although S. Korean and Japanese LNG markets have similar structures, there are some differences in the price formation. From DCC-MGARCH, we confirm that Japan LNG price have less persistence of disturbance on time than S. Korean LNG price. The conditional correlation also shows linkage effects between LNG prices and impacts of S-curve and DS-curve. Moreover, ARDL estimation result shows that there is co-integration in all models and that impacts of Fukushima accident and LNG volumes are responsible for the increase in Japanese LNG price. Also, adjustment speed of error correction term shows that Japan's deviation from long-run equilibrium disappears faster than S. Korea does, indicating relatively strong Japanese linkage between LNG price and oil price.

• Environmental and Resource Economics Review
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• v.22 no.2
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• pp.251-279
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• 2013

Prices of oil products such as gasoline and diesel are deregulated since 1997 while electricity price is still controlled by government. This difference may explain recent discrepancy in the patterns of demand for oil products and electricity - constant increase in electricity consumption and stagnant demand for oil. To verify it empirically, we estimate price and income (production) elasticity of demand across time by using a rolling regression with 10 year-window based on monthly data for 1981-2011. Estimation results show that the sensitivity to price in demand for gasoline and diesel has increased since mid-90s while the elasticity of demand for electricity has become smaller. Second, income (production) elasticities of demand have shown no significant changes for both oil products and electricity. Third, cross-price elasticity was found meaningful only for gasoline before mid 1990s and for diesel after then.

• Transactions of the Korean Society of Mechanical Engineers B
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• v.36 no.9
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• pp.945-951
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• 2012

A water emulsion fuel can be used to reduce soot and NOx emissions simultaneously because it has a lower combustion temperature and better fuel atomization owing to the evaporative latent heat and microexplosion of water. Moreover, it can be used without making special modifications to conventional diesel engines. Therefore, this fuel has attracted considerable research attention. In addition, lower-grade fuels are being considered for use in conventional engines because of an increase in oil prices. In this study, we investigated the combustion and exhaust characteristics of MDO (marine diesel oil), which has a lower grade than common diesel oil, and ME (MDO water emulsion) under various test conditions in an automotive diesel engine.

• Journal of the Korean association of regional geographers
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• v.11 no.6
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• pp.640-656
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• 2005

A chronic depression in the Korean economy, which depends mostly on imported oil, has been attributed partly to rising crude oil prices recently. Against the backdrop of these realities in Korea, Azerbaijan in the Caspian region, with vast oil and gas deposits, has been greeted enviously by some Koreans. Many transition economies, especially on the Caspian region trumpeted by the oil boom, however, are rich in natural resources, but the benefits of those resources are appropriated by the local elite in collusion with foreign companies. Azerbaijan, in particular, is dominated by a series of internal and external patronage networks. Foreign capital nourishes those networks surrounding President Aliev. Thus, the case of Azerbaijan shows that resource rents in the transition economies sometimes do not help in improving the living conditions of ordinary people. Rather rich resource rents turn out to be a major impediment to the emerging development of the transition economy, lessening the incentives to reform in the country. The result was the possibility of the so-called Dutch Disease, in which disproportionate growth in a certain energy sector tends to crowd out investment in other sectors of the economy.