• Title/Summary/Keyword: Oil Prices

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A Study on the Methodology to Performance Security on the Korea Small/Medium Sized Construction Firms for Venturing into International Market (국내 중소건설업체의 해외 진출 활성화를 위한 건설 보증 확대 방안에 관한 연구)

  • Ahn, Hyoung-Jun;Kim, Ju-Hyung;Kim, Jae-Jun
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2009.11a
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    • pp.225-229
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    • 2009
  • International construction market has been open to other countries, and it derives the development of our overseas construction industry quantitatively as well as qualitatively. Until now, the major companies have an absolute majority in the overseas construction market, and the small and medium enterprises have had difficulty to get a leadership in the international construction market because of the lack of the technical expertise and the capital strength. Especially in the Middle East Asia, our construction companies has touched off a boom, so our market share also has grown, which derived from the up toward ratchet oil prices and a worldwide boom in real estate development. The small and medium enterprise minority have recognition that the overseas construction market is the major company's native territory. But Data from the existing researches and many statistics indicate the most companies tend to underestimate the capacity and international competitiveness of the small and medium enterprises. As a matter of fact, hundreds of small and medium enterprise cut a conspicuous figure in overseas market. Consequently, it is indispensable to overcome the international financial crisis by revitalizing our overseas construction industry which obtains excellent results in international market. this study suggested the ways to expand overseas bonding capacity of Korean financial institution. This study proposed the Korean government to allow Construction Guarantee (former Korea Construction Financial Cooperative) to deal with foreign exchange so that Construction Guarantee will underwrite the overseas construction bond.

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A Comparison Study on the Parcel Transport Service Model-using High-Speed Passenger/Freight Mixed Train (여객/화물 고속복합열차를 이용한 소화물 운송 서비스 모델 비교연구)

  • Yum, ByongSoo;Ha, Ohkeun;Lee, Jinsun
    • Journal of the Korean Society for Railway
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    • v.18 no.5
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    • pp.471-480
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    • 2015
  • Reliance on road transport in domestic logistics can lead to intensified congestion and greenhouse gas emissions due to the rise in oil prices, any increase in logistics costs can have a high social cost. The government policy on Low Carbon Green Growth is seeking to take advantage of the railway system. However, existing railway transport logistics systems, for reasons such as low speed, low track capacity constraints, and the impossibility of implementing a Door to Door system, make it difficult to activate a railway logistics program. As a result of this study, a national R&D project to develop a High-Speed Passenger/Baggage Mixed Train(Hy-SoBex) utilizing the rail capacity constraints to overcome the difficulties of linking an air cargo and freight railway logistics system, we propose a variety of service models and select the optimal service model.

A Study on the Improvement of Resistance Performance for G/T 4.99ton Class Korean Coastal Fishing Boats (G/T 4.99톤급 한국 연안어선의 저항성능 개선에 관한 연구)

  • Yu, Jin-Won;Lee, Young-Gill;Jee, Hyun-Woo;Park, Ae-Seon;Choi, Young-Chan;Ha, Yoon-Jin;Jeong, Kwang-Leol
    • Journal of the Society of Naval Architects of Korea
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    • v.47 no.6
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    • pp.757-762
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    • 2010
  • Korean fishing boats have had appropriate hull forms for the safety, stability and convenience of fishing ability. However, Korean fishermen are recently concerned about the resistance performance and speed of Korean fishing boats, because the prices of fuel oil are gradually risen, also the exhausting of fish resources and the demand of high speed fishing boats are increased. Therefore, the necessity of the study on the improvement of resistance performance for Korean small coastal fishing boats is gradually increased. This study compares the hull form characteristics of Korean fishing boats with those of Japanese fishing boats, and the hull form of a representative Korean fishing boat is modified. From the modification of the hull form parameters for the Korean fishing boat, the improvement of resistance performances is evaluated. Moreover, the increase of resistance performances is also achieved from the modification of local characteristics for the hull form of the Korean fishing boat. A computational method and ship model tests in towing tank are used for the conformations of the improvement of resistance performance.

Analysis of Development Situation of Korean and Foreign Street Furnitures Using Alternative Energy (대체에너지를 이용한 국·내외 가로시설물 개발 유형 분석)

  • Kim, Ja Kyung;Park, Hyung Jin
    • KIEAE Journal
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    • v.10 no.1
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    • pp.33-44
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    • 2010
  • These days, the use of alternative energy is recognized as one of countermeasures to rising oil prices and climate-change agreements. Especially, it is regarded as a main element to realize 'Low-Carbon Green Growth', one of the key policies of MB government. However, though alternative energy, renewable energy, is a main policy issue of the present administration, there are many problems to solve: the lack of recognition of its energy, the low level of its technology, its expert's shortage, and its limited application fields. Therefore, to stimulate the use of alternative energy in Korea and to change the recognition of this energy, it is needed to utilize it to urban street furniture that many people visit and use. In particular, if alternative energy is first applied to street furniture that needs energy for its management, the effect of publicity and energy saving will be so great. In this study, for the basic research to introduce and promote various alternative energy sources such as solar power, wind power, small hydro power, and human power, we analyzed the present condition of development of Korean and foreign street furniture items. Furthermore, we evaluated the level of development of these street furniture products and the design types of them and from these evaluations suggested the design direction that can solve problems in development and improve the possibility of application of these energy sources to these street furniture items. Through these analyses, this study aims to enhance the image of future environment-friendly city and make new index for the application of alternative energy.

A Design and Implementation of a Web-based Ship ERP(SHERP) (웹기반 선박용 ERP (SHERP) 설계 및 구현)

  • Kim, Sang-Rak;Bae, Jae-Hak J.
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.36 no.6B
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    • pp.710-719
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    • 2011
  • Shipping companies have become interested in the development of strategic ship assets management systems which are implemented for high competitiveness and business rationalization to meet the tough business environment of high oil prices and decrease in cargo. In this paper we introduce a ship assets management system that is suitable for the SAN(Ship Area Network) environment. This system is designed to execute business strategy of ship owners giving consideration to requirements of shipping stakeholders. In addition we have implemented it in a web-based ERP system (SHERP) which separates user interface and business logic. The SHERP is based on STEP and PLIB, which are international standards for data exchange of mechanical devices and parts. It also adopts a ship ontology to manage the ship information and knowledge during its life-cycle. The SHERP will be a concrete example of servitization of shipbuilding, as an information system which is used in ships and ship groups.

Prospect of Soybean Production, Consumption and Supply in Korea (콩 생산 수급전망과 대책)

  • Kim Seok Dong;Park Keum Yong
    • Proceedings of the Korean Society of Crop Science Conference
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    • 1998.10a
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    • pp.249-265
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    • 1998
  • The yearly consumption of soybean ranged from 1.5 to 1.7 million tons in Korea during 1995-1997 with an increasing trend of annual consumption by 60,000 tons. Gross consumption of soybean was 1.74 million tons in 1997: 1.292 million tons for feed, 0.433 million tons for food and its processing, and 15,000 tons for seed and other uses. Particularly, Korea totally depends upon imports of soybean for feed and oil. Only about $40{\%}$ of soybeans used for food and its processing are supplied through domestic production. Korean markets will be open to foreign agricultural products except for rice in 2004 when the Uruguay Round treaty is completed. According to the Korean Rural Economics Institutes reports, soybean consumption in 2004 is expected to be 1.87 million tons that is higher than that in 1997 by 0.13 million tons. In order to meet the need for soybean, Korean government planned to supply from 0.17 million tons of domestic production plus 1.7 million tons of imports, and also planned to raise the self-supply rate of $9.1{\%}$ in 2004 from $8.6{\%}$ in 1997. According to the USDA reports on international soybean production and consumption, its production is expected to be 150 million tons over the world and the international market prices for soybean will be unstable in 2004. Based on these reports, international soybean trade capacity will be 36 million tons in 2004 that is lower than 39 million tons (accounting for $25{\%}$ of gross production) in 1597. Also, a term-end stock in 2004 is estimated to be 9.6 million tons that is low as compared to 18.6 million tons In 1997, In coping with domestic and international soybean production, consumption and supply, and further possible food crisis, national policies and continuous efforts are necessarily required to promote domestic production and to reduce imports of soybean.

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Development of Urban Driving Cycle for Performance Evaluation of Electric Vehicles Part I : Development of Driving Cycle (전기 자동차 성능 평가를 위한 도심 주행 모드 개발 Part I : 주행 모드 개발)

  • Yang, Seong-Mo;Jeong, Nak-Tak;Kim, Kwang-Seup;Choi, Su-Bin;Wang, Maosen;Kim, Hyun-Soo;Suh, Myung-Won
    • Transactions of the Korean Society of Automotive Engineers
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    • v.22 no.7
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    • pp.117-126
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    • 2014
  • Recently, due to various environmental problems such as global warming, increasing of international oil prices and exhaustion of resource, a paradigm of world automobile market is rapidly changing from vehicles using internal combustion engine to eco-friendly vehicles using electric power such as EV (Electric Vehicle), HEV (Hybrid Electric Vehicle), PHEV (Plug-in Hybrid electric Vehicle) and FCEV (Fuel Cell Electric Vehicle). There are many driving cycles for performance evaluation of conventional vehicles. However there is a lack of researches on driving cycle for EV. This study is composed of part 1 and part 2. In this paper part 1, in order to develop urban driving cycle for performance evaluation of electric vehicles, Gwacheon-city patrol route of police patrol car was selected. Actual driving test was performed using EV. The driving data such as velocity, time, GPS information etc. were recorded. GUDC-EV (Gwacheon-city Urban Driving Cycle for Electric Vehicles) including road gradient was developed through the results of analyzing recorded data. Reliability of the driving cycle development method was substantiated through comparison of electricity performance. In the second part of this study, the developed driving cycle was compared to simulation result of the existing urban driving cycle. Verification of the developed driving cycle for EV performance evaluation was described.

Evaluation of Voltage Sag and Unbalance due to the System Connection of Electric Vehicles on Distribution System

  • Lee, Soon-Jeong;Kim, Jun-Hyeok;Kim, Doo-Ung;Go, Hyo-Sang;Kim, Chul-Hwan;Kim, Eung-Sang;Kim, Seul-Ki
    • Journal of Electrical Engineering and Technology
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    • v.9 no.2
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    • pp.452-460
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    • 2014
  • Due to increased concerns for rising oil prices and environmental problems, various solutions have been proposed for solving energy problems through tightening environmental regulations such as those regarding $CO_2$ reduction. Among them, Electrical Vehicles (EVs) are evaluated to be the most realistic and effective approach. Accordingly, research and development on EVs and charging infrastructures are mainly proceeding in developed countries. Since EVs operate using electric energy form a battery, they must be connected to the power system to charge the battery. If many EVs are connected during a short time, power quality problems can occur such as voltage sag, voltage unbalance and harmonics which are generated from power electronics devices. Therefore, when EVs are charged, it is necessary to analyze the effect of power quality on the distribution system, because EVs will gradually replace gasoline vehicles, and the number of EVs will be increased. In this paper, a battery for EVs and a PWM converter are modeled using an ElectroMagnetic Transient Program (EMTP). The voltage sag and unbalance are evaluated when EVs are connected to the distribution system of the Korea Electric Power Corporation (KEPCO). The simulation results are compared with IEEE standards.

Case Study and Evaluation of Economic Feasibility of Combined Heat and Power System using Woodchip Biomass (우드칩 바이오매스를 이용한 열병합발전 운영 사례 분석)

  • Suh, Gill Young;Kim, Sung Hyun
    • New & Renewable Energy
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    • v.8 no.4
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    • pp.21-29
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    • 2012
  • The extensible supply of New & Renewable energy resources desperately needs to counter the high dependence on imported energy, recent high oil prices and the Climate Change Conference, and the government has operated the 'Renewable Portfolio Standard' (RPS) as one of the renewable energy policy from 2012. By analyzing the operation case of combined heat and power plant using the woodchip biomass, we drew the price of wood chip fuel, plant capacity factor, electricity selling price, heat selling price and LCOE value. After analyzing the economic feasibility of 3MWe combined heat and power plant based on the operating performance, the minimum of economic feasibility has appeared to be secured according to the internal rate of return (IRR) is 6.34% and the net present value (NPV) is 3.6 billion won as of 20 years life time after installation, and after analyzing the cases of the economic feasibility of the price of wood chip, plant capacity factor, electricity and heat selling price are changed, the economic feasibility is valuable when the price of wood chip is over 64,000 won/ton, NPV is minus, and the capacity factor is above 46.9%, the electricity selling price is 116 won/kWh and the heat selling price is above 75,600 won/Gcal. When going over the new installation hereafter, we need the detailed review of the woodchip storage and woodchip feeding system rather than the steam-turbine and boiler which have been inspected many times, the reason why is it's hard to secure the suitable quality (constant size) of woodchip by the lack of understanding about it as a fuel because of the domestic poor condition and the calorific value of woodchip is seriously volatile compared with other fuels.

Effect of Gasoline Property Change on Exhaust Gas and Catalyst (휘발유 물성변화에 따른 배출가스 및 촉매에 미치는 영향성 연구)

  • Noh, Kyeong-Ha;Kim, Sung-Woo;Lee, Min-Ho;Kim, Ki-Ho;Lee, Jung-Min
    • Journal of Power System Engineering
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    • v.22 no.6
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    • pp.67-73
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    • 2018
  • Gasoline that meets the quality standards is distributed in Korea. However, consumers who use toluene or solvent mixed with gasoline have appeared due to rising crude oil prices and for the purpose of tax evasion. Gasoline quality standard is enacted by the domestic and international research reference. A wrong fuel can influence automobile performance or environmental issue. Thus, empirical data from this issue is necessary. Therefore, this research observed catalyst influence by gasoline property change and inspect influence of environment. In this study, fuel property evaluation, lean-burn evaluation, and real vehicle exhaust emission test were performed. In the result of fuel property, the fuel "A" was measured to be up to 27% less octane than the normal gasoline and the distillation property was measured 24% higher than normal gasoline. In the test result of single cylinder engine lean-burn test, the fuels "A" and "B" show torque value 20% less than the normal gasoline. As a result of vehicle test using the catalyst, the fuel "A" was increased more than the normal gasoline with 83% THC, 1,806% CO and 128% NOx, and the fuel "B" was increased more than normal gasoline with 1.6% THC, 391% CO and 142% NOx.