• Title/Summary/Keyword: Oil Supply

Search Result 468, Processing Time 0.02 seconds

Analysis of connectedness Between Energy Price, Tanker Freight Index, and Uncertainty (에너지 가격, 탱커운임지수, 불확실성 사이의 연계성 분석)

  • Kim, BuKwon;Yoon, Seong-Min
    • Journal of Korea Port Economic Association
    • /
    • v.38 no.4
    • /
    • pp.87-106
    • /
    • 2022
  • Uncertainties in the energy market are increasing due to technology developments (shale revolution), trade wars, COVID-19, and the Russia-Ukraine war. Especially, since 2020, the risk of international trade in the energy market has increased significantly due to changes in the supply chain of transportation and due to prolonged demand reduction because of COVID-19 and the Russian-Ukraine war. Considering these points, this study analyzed connectedness between energy price, tanker index, and uncertainty to understand the connectedness between international trade in the energy market. Main results are summarized as follows. First, as a result of analyzing stable period and unstable period of the energy price model using the MS-VAR model, it was confirmed that both the crude oil market model and the natural gas market model had a higher probability of maintaining stable period than unstable period, increasing volatility by specific events. Second, looking at the results of the analysis of the connectedness between stable period and unstable period of the energy market, it was confirmed that in the case of total connectedness, connectedness between variables was increased in the unstable period compared to the stable period. In the case of the energy market stable period, considering the degree of connectedness, it was confirmed that the effect of the tanker freight index, which represents the demand-side factor, was significant. Third, unstable period of the natural gas market model increases rapidly compared to the crude oil market model, indicating that the volatility spillover effect of the natural gas market is greater when uncertainties affecting energy prices increase compared to the crude oil market.

Investigation of Applying Technical Measures for Improving Energy Efficiency Design Index (EEDI) for KCS and KVLCC2

  • Jun-Yup Park;Jong-Yeon Jung;Yu-Taek Seo
    • Journal of Ocean Engineering and Technology
    • /
    • v.37 no.2
    • /
    • pp.58-67
    • /
    • 2023
  • While extensive research is being conducted to reduce greenhouse gases in industrial fields, the International Maritime Organization (IMO) has implemented regulations to actively reduce CO2 emissions from ships, such as energy efficiency design index (EEDI), energy efficiency existing ship index (EEXI), energy efficiency operational indicator (EEOI), and carbon intensity indicator (CII). These regulations play an important role for the design and operation of ships. However, the calculation of the index and indicator might be complex depending on the types and size of the ship. Here, to calculate the EEDI of two target vessels, first, the ships were set as Deadweight (DWT) 50K container and 300K very large crude-oil carrier (VLCC) considering the type and size of those ships along with the engine types and power. Equations and parameters from the marine pollution treaty (MARPOL) Annex VI, IMO marine environment protection committee (MEPC) resolution were used to estimate the EEDI and their changes. Technical measures were subsequently applied to satisfy the IMO regulations, such as reducing speed, energy saving devices (ESD), and onboard CO2 capture system. Process simulation model using Aspen Plus v10 was developed for the onboard CO2 capture system. The obtained results suggested that the fuel change from Marine diesel oil (MDO) to liquefied natural gas (LNG) was the most effective way to reduce EEDI, considering the limited supply of the alternative clean fuels. Decreasing ship speed was the next effective option to meet the regulation until Phase 4. In case of container, the attained EEDI while converting fuel from Diesel oil (DO) to LNG was reduced by 27.35%. With speed reduction, the EEDI was improved by 21.76% of the EEDI based on DO. Pertaining to VLCC, 27.31% and 22.10% improvements were observed, which were comparable to those for the container. However, for both vessels, additional measure is required to meet Phase 5, demanding the reduction of 70%. Therefore, onboard CO2 capture system was designed for both KCS (Korea Research Institute of Ships & Ocean Engineering (KRISO) container ship) and KVLCC2 (KRISO VLCC) to meet the Phase 5 standard in the process simulation. The absorber column was designed with a diameter of 1.2-3.5 m and height of 11.3 m. The stripper column was 0.6-1.5 m in diameter and 8.8-9.6 m in height. The obtained results suggested that a combination of ESD, speed reduction, and fuel change was effective for reducing the EEDI; and onboard CO2 capture system may be required for Phase 5.

Assessment of the Electromagnetic Pulse Shield Effectiveness of the Wave-guided Below Cutoff Filled with Water and Oil for Guaranteeing the Operational Sustainment of the Command Post (지휘소 작전지속성 보장을 위한 도파관의 전자기파 차폐성능 향상방안)

  • Yoon, Sangho;Son, Kiyoung;Kim, Suk Bong;Park, Young Jun
    • Journal of the Korea Institute of Building Construction
    • /
    • v.13 no.6
    • /
    • pp.579-584
    • /
    • 2013
  • The stable fueling and water supply should be prerequisites to guarantee the operational sustainment of military command post. Meanwhile, in terms of the operational sustainment, it is verified that the current wave-guided below cutoff (WBC) system cannot satisfy the requirement of control associated with water supply and fueling within the command post. In this study, as the dielectric substance can block electromagnetic pulse (EMP), it was tried to identify the shielding effectiveness of the multi WBCs filled with water and diesel for attenuating the EMP effect using experiment based on the MIL STD 188-125-1. According to the experimental results, used water in the experiment show the shielding effectiveness from around 640 MHz frequency because of minerals contained in the water. Furthermore, it was noted that EMP attenuating strength of the WBC filled with diesel was enlarged from around 1,680 MHz frequency. Resultingly, it could be concluded that it is enough to supply stable water and diesel through the multi WBC to block EMP within the military command post for guaranteeing the military operations sustainment.

Impacts of Delivery Vehicle Routing on Different Inventory Strategies and Network Configurations (재고전략 및 네트워크 구성에 따른 배송차량의 운영특성 연구)

  • Won, Min-Su;Gang, Gyeong-U
    • Journal of Korean Society of Transportation
    • /
    • v.28 no.5
    • /
    • pp.91-106
    • /
    • 2010
  • Recently, interest in supply chain management is rising along with the increasing oil prices and traffic congestion. In particular, people started studying the issue, but realized that advantageous strategies for suppliers and retailers are not always advantageous to a carrier. Therefore, in this study the atuhors set up a simulation scenario to understand delivery vehicle routing problems under various inventory policies, namely Economic Order Quantity (EOQ) and Periodic Order Quantity (POQ) and network configurations. First, the authors made a virtual supply chain. Then they analyzed characteristics of delivery vehicle routing under various inventory policies (EOQ and POQ) and network configurations. As a result, the POQ inventory policy decreases the number of vehicles, the number of drivers, and the service time of vehicles. Also, the centralized network increases the load factor of vehicles and decreases the service time of vehicles. In other words, the centralized network and the POQ inventory policy are better for the carrier. These results show a savings of 15,556,806 won ($13,389.10) in a month: a reduction of 17%.

On the Occurrence of Defects by Vehicle Type According to the Fire-fighting Vehicle Detailed Inspection (소방차량 정밀점검 분석에 따른 차종별 결함 발생에 관한 연구)

  • Lee, Jang Won;Han, Yong-Taek
    • Journal of the Society of Disaster Information
    • /
    • v.17 no.1
    • /
    • pp.112-119
    • /
    • 2021
  • Purpose: This study is based on the detailed inspection data for the last 6 years of fire-fighting high ladder vehicles, fire-fighting inflected ladder vehicles, fire-fighting chemical vehicles and fire-fighting pump vehicles used in front-line fire departments. The purpose is to contribute to the technological development of fire-fighting vehicles by grasping the implementation status of each city and province, the rate of defects, and the occurrence of defects by year. Method: The implementation status by city and province, defect incidence rate, and defect occurrences by year were analyzed. Result: From 2012 to 2017, when the average of 230 or more overhaul vehicles was requested, the results of each city/province show slight fluctuations, but the number of defects gradually decreased due to the old fire-fighting vehicle replacement project and the response of fire vehicle manufacturers. Conclusion: In the case of fire-fighting ladders, the incidence rate of defects was found to be in the order of elevator device, electric device, ladder device, and pneumatic supply device. And in the case of the fire fighting ladder, it was confirmed that the incidence of defects appeared in the order of the refractive ladder, hydraulic cylinder, hydraulic oil, and pneumatic supply device. In the case of fire-fighting chemical vehicles, it was confirmed that defects occurred in the powder fire extinguishing device, fire pump, vacuum pump, and pneumatic supply device.

Assessment of the Structural Collapse Behavior of Between Offshore Supply Vessel and Leg in the Jack-up Drilling Rig (잭업드릴링 리그의 레그와 작업 지원선 충돌에 의한 구조붕괴 거동 평가)

  • Park, Joo-Shin;Seo, Jung-Kwan
    • Journal of the Korean Society of Marine Environment & Safety
    • /
    • v.28 no.4
    • /
    • pp.601-609
    • /
    • 2022
  • Jack-up drilling rigs are mobile offshore platforms widely used in the offshore oil and gas exploration industry. These are independent, three-legged, self-elevating units with a cantilevered drilling facility for drilling and production. A typical jack-up rig includes a triangular hull, a tower derrick, a cantilever, a jackcase, living quarters and legs which comprise three-chord, open-truss, X-braced structure with a spudcan. Generally, jack-up rigs can only operate in water depths ranging from 130m to 170m. Recently, there has been an increasing demand for jack-up rigs for operating at deeper water levels and harsher environmental conditions such as waves, currents and wind loads. All static and dynamic loads are supported through legs in the jack-up mode. The most important issue by society is to secure the safety of the leg structure against collision that causes large instantaneous impact energy. In this study, nonlinear FE -analysis and verification of the requirement against collision for 35MJ recommended by DNV was performed using LS-Dyna software. The colliding ship used a 7,500ton of shore supply vessel, and five scenarios of collisions were selected. From the results, all conditions do not satisfy the class requirement of 35MJ. The loading conditions associated with chord collision are reasonable collision energy of 15M and brace collisions are 6MJ. Therefore, it can be confirmed that the identical collision criteria by DNV need to be modified based on collision scenarios and colliding members.

Low Lysine Treatment Increases Adipogenic Potential of Bovine Intramuscular Preadipocytes

  • Beloor, Jagadish;Kang, Hye Kyeong;Yun, Cheol-Heui;Kim, Sang Hoon;Moon, Yang Soo
    • Asian-Australasian Journal of Animal Sciences
    • /
    • v.22 no.5
    • /
    • pp.721-726
    • /
    • 2009
  • The molecular mechanism of adipocyte differentiation has been well documented. However, the effect of specific nutrients such as lysine on adipocyte differentiation is poorly understood especially in ruminant animals. Therefore, the aim of the present study was to elucidate the influence of lysine on adipocyte differentiation and adipogenic genes in cultured bovine preadipocytes. The preadipocytes were treated with different concentrations of lysine (40, 160, 320 mg/L) or troglitazone (10 ${\mu}M$) for 2 days and then subsequently cultured in differentiation medium until day 6. Expression levels of $C/EBP{\alpha}$ were significantly higher (p<0.001) in 40 and 160 mg/L lysine-treated cells compared to 320 mg/L treatment. Though there was an increasing trend in $PPAR{\gamma}$ expression levels with the decreasing lysine concentration, the results were not significant. The preadipocyte factor (pref-1), expression significantly (p<0.001) reduced with decreasing lysine concentration. The Oil red O staining results were better in 40 mg/L treated cells compared to 160 and 320 mg/L lysine treated cells. Our overall results indicate that insufficient supply of lysine increases the adipogenic potential in bovine intramuscular preadipocytes.

Computational Simulation of Combustion in Power Plant Boiler Acconling to Un-Even Combustion Air (연소용 공기 공급 불균일을 고려한 발전 보일러내 연소환경 시뮬레이션)

  • Go, Young-Gun;Choi, Sang-Min;Kim, Young-Zoo
    • 한국연소학회:학술대회논문집
    • /
    • 2006.10a
    • /
    • pp.137-144
    • /
    • 2006
  • Oil-fired power plants usually use several burners and the combustion air is supplied to each burner through the complicated duct which is called windbox. A windbox should be designed to supply combustion air to each burner evenly but, due to the complicated duct shape, flow distribution in the windbox is unbalanced and uneven supplies of combustion air to each burner are induced by these unbalanced flow distribution in the windbox. These flow patterns tend to make flame unstable, increase the formation of pollutants and lower the overall combustion efficiency. To prevent these disadvantages, flow patterns in the windbox should be investigated for the uniform flow distribution. In this study, computational simulation method was used to investigate the flow distribution in the windbox and measured the velocities at the exit of burners in the real windbox to compare with CFD results. The results show two significant flow patterns. One is that the flow rates of each burner are different from each other and this means that all burners operate in different conditions of air to fuel ratio. The other is that the flow distribution at the exit of each burner is not axi-symmetric although the burner shape is axi-symmetric and this increases the pollutant products like CO.

  • PDF

Application of Biocathodes in Microbial Fuel Cells: Opportunities and Challenges

  • Gurung, Anup;Oh, Sang-Eun
    • Korean Journal of Soil Science and Fertilizer
    • /
    • v.45 no.3
    • /
    • pp.410-420
    • /
    • 2012
  • The heavy reliance on fossil fuels, especially oil and gas has triggered the global energy crisis. Continued use of petroleum fuels is now widely recognized as unsustainable because of their depleting supplies and degradation to the environment. To become less dependent on fossil fuels, current world is shifting paradigm in energy by developing alternative energy sources mainly through the utilization of renewable energy sources. In particular, bioenergy recovery from wastes with the help of microorganism is viewed as one of the promising ways to mitigate the current global warming crisis as well as to supply global energy. It has been proved that microorganism can generate power by converting organic matter into electricity using microbial fuel cells (MFCs). MFC is a bioelectrochemical device that employs microbes to generate electricity from bio-convertible substrate such as wastewaters including municipal solid waste, industrial, agriculture wastes, and sewage. Sustainability, carbon neutral and generation of renewable energy are some of the major features of MFCs. However, the MFC technology is confronted with a number of issues and challenges such as low power production, high electrode material cost and so on. This paper reviews the recent developments in MFC technology with due consideration of electrode materials used in MFCs. In addition, application of biocathodes in MFCs has been discussed.

Development and Evaluation on a Model for Reducing SO2: Case Study on Global 2100 Model (산성비 원인물질인 이산화황 저감모형 구축과 평가에 관한 연구: Global 2100 모형을 중심으로)

  • Lee, Dong-Kun
    • Journal of Environmental Impact Assessment
    • /
    • v.6 no.2
    • /
    • pp.93-102
    • /
    • 1997
  • Acid rain below pH 5.6 is responsible for 40% of annual precipitation in Korea and it is more serious especially in major cites. Because of that, it is urgent to make measures to reduce the emission of $SO_2$, one of the major air pollutants causing acid rain. The national total emission of $SO_2$ in 1994 was estimated as 1.6 million tons. The $SO_2$ emission in 2020, is expected to increase up to 3.2 million tons, about 2 times that of 1994 under Business-As-Usual scenario. We could take various $SO_2$ reduction measures such as installing desulfurization facilities, the supply of low-sulfur oil and clean fuel(LNG), energy savings, upgrading of production process. However, it is necessary to check the economic feasibility and the attainability to reduction target with a dynamic optimization mode, "Global 2100 Model". The cost-benefit analyses for the measures using the revised "Global 2100 Model" clearly revealed that the desulfurization facilities should be introduced to reduce the $SO_2$ concentration to 0.01 ppm with fuel substitution. If the introduction of desulfurization facilities is delayed, We can not attain the goal of Ministry of Environment before the year of 2012, even in the case that almost all the fuels would be substituted with LNG.

  • PDF