• East Asian Journal of Business Economics (EAJBE)
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• v.3 no.1
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• pp.8-16
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• 2015

In the later quarter of the twentieth century, the need for foreign capital is realized among the various countries of the world. Developing countries especially developed multi-pronged strategies to attract foreign capital into the country. One such strategy is the adoption of liberalization policy. Almost all the developing countries started opening their economy, out of the compulsion, to achieve faster rate of economic growth and development. Even a communist country like China adopted liberalization policy as a strategy for accelerated economic growth during 1979. India also joined the race by 1991, when the government announced the policy of liberalization. The importance of FDI extends beyond the financial capital that flows into the country. The huge size of the market in this sector and high returns on investment are two important factors in boosting FDI inflows to power sector. 100 percent FDI is allowed under automatic route in almost all the sub sectors of power sector except the atomic energy. Major foreign investment is made in this sector during 2000 to 2009 is Mauritius with an investment of US$ 4490.96 i.e., 4.24 percent of the total FDI inflows into the country during the period. The estimation of future FDI flow shows a marginal decline in the year 2010. Then from 2011 to 2015 onwards upward trend of FDI was observed.

• STI Policy Review
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• v.4 no.1
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• pp.119-134
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• 2013

The Fukushima nuclear incident of 2011 served as an external shock that prompted Japan to reform its nuclear energy sector. The collusive relationship between the regulators within the Japanese government and the regulated power industry, as well as the lack of institutional independence of the regulatory agency, had derailed Japanese efforts to reform the sector for decades. The Fukushima crisis exposed these deeply-entrenched flaws in the system, causing public distrust and anger toward the government and the nuclear power sector. This paper discusses the institutional reform measures the Japanese government introduced in the wake of the Fukushima crisis to recover public confidence and revamp the sector to prevent future disasters. The paper also discusses the challenges the Japanese government faces on its road to a successful implementation of nuclear sector reforms.

• The Transactions of the Korean Institute of Electrical Engineers A
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• v.53 no.8
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• pp.472-476
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• 2004

Standby power is the electricity consumed in an electrical equipment when it is switched-off or not performing its main function. Due to the acceleration of digital electronics and home networking, standby power use tends to increase rapidly year by year. In this paper, standby power consumption in residential sector in Korea has been surveyed and reported for the first time. Totally 825 pieces of electrical equipments that consume standby power in 53 households were investigated. The average standby power per equipment and total standby power per household were 3.66W and 57.0W, respectively. Annual standby power consumption per household was estimated 306kWh; which means the standby power consumption in residential sector in Korea can be estimated 4.6TWh a year representing 1.67 percent of total electrical consumption (274TWh).

• Bulletin of the Korea Photovoltaic Society
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• v.6 no.1
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• pp.21-34
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• 2020

Sri Lanka has strongly understood the importance of mitigation of climate change and various measures have been taken. To tackle the climate change, after ratifying Paris Agreement, Sri Lanka has pledged to reduce her greenhouse gas emission in the energy sector by 20% (16% unconditional and 4% conditional) by 2030 based on the BAU scenario. Simultaneously, the government introduced its new energy policy and strategies in 2019 with a vision of achieving carbon neutrality by 2050. This paper survey related key government documents, policies, reports, and academic articles to investigate opportunities for the private sector to invest large scale solar power deployment (10 MW or above) and to get support from climate finance under article 6 of the Paris Agreement. It has found, growing concern on the environment, energy security issues and increase import expenses for fossil fuels are the main influencing factors to move renewable sources. Further, government investment and FDI both have gradually decreased in the energy sector. Therefore, an alternative financing mechanism is needed. Although the private sector allowed investing in the energy sector since 1996 with the introduction of IPP (Independent Power Producers), it could not make considerable progress on involving large scale solar utility projects. This has revealed government policy is not aligning with the long term generation plan of the electricity sector. The study has also found, it needs more strategic road map, coordination with different institutions, monitoring system to enhance large scale solar contribution.

• Journal of Communications and Networks
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• v.10 no.2
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• pp.118-126
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• 2008

The use of beamforming is effective for users in limited power environments. However, when it is applied to the downlink of a cellular system with universal frequency reuse, users near the sector boundary may experience significant interference from more than one sector. The use of a minimum mean square error (MMSE)-type receiver may not sufficiently cancel out the interference unless a sufficient number of receive antennas are used. In this paper, we consider the use of inter-sector beamforming that cooperates with a neighboring sector in the same cell to mitigate this interference problem in time-division duplex (TDD) environments. The proposed scheme can avoid interference from an adjacent sector in the same cell, while enhancing the transmit array gain by using the TDD reciprocity. The performance of the proposed scheme is analyzed in terms of the output signal-to-interference-plus-noise power ratio (SINR) and the output capacity when applied to an MMSE-type receiver. The beamforming mode can be analytically switched between the inter-sector and the single-sector mode based on the long-term channel information. Finally, the effectiveness of the proposed scheme is verified by computer simulation.

• New & Renewable Energy
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• v.18 no.2
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• pp.50-59
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• 2022

The Korean government announced the "1st Basic Plan for the Transition to Hydrogen Economy" in 2021 and declared the establishment of a hydrogen industry ecosystem by 2040. To build a low-carbon power system, resources that can efficiently accommodate renewable energy are required, and green hydrogen is considered a potential solution. This study analyzed the economic feasibility of green hydrogen-based sector coupling to reduce curtailment of renewable generation in the Jeju power system by 2025 under the scenario of with or without HVDC#3. The result showed that HVDC#3 significantly reduced the frequency of curtailment from 16.1% to 3.0%. In addition, green hydrogen-based sector coupling was an economically feasible option as result showed an IRR of 4.86% when HVDC#3 was connected and 11.45% when it was not under the condition of achieving 50% curtailment reduction. This study shows that the higher the level of renewable energy deployment, the more delayed the HVDC connection between Jeju and the main land, and the lower the SMP, the more economically feasible the green hydrogen-based sector coupling is. Furthermore, this study suggests that the policy goal of completely reducing curtailment is not economically efficient.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.64 no.5
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• pp.667-679
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• 2015

The bearer of the power sector's ETS compliance cost is power consumer for the following reasons. Firstly, power companies are constrained in establishing appropriate strategies to comply with ETS regulations due to the structural differences between the domestic power market and emission trading system. In other words, because power companies do not have a right to determine price and production of electricity, they have to compete with other companies under disadvantaged conditions in the emission trading market. Secondly, because ETS compliance cost is part of power production costs as it is also clearly written in the national greenhouse gas reduction road-map and the second energy supply plan, the cost should be included in power price following the power market operation rule. Thirdly, the most effective method to reduce carbon emissions in power sector is to reduce power demand, which is efficiently achieved through raising power price to a realistic level. Low power price in Korea is the major cause of rising power demand which is also the major cause of rising GHG emission. Therefore, power sector's ETS compliance cost should be included in power price to encourage power consumers' actions on reducing power consumption. Fourthly, when externality cost occurs in the process of delivering public services, usually beneficiary pay principle is applied to identify the cost bearer. Since electricity is one representative public good, the bearer of power sector's ETS compliance cost is power consumer.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.57 no.6
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• pp.1032-1035
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• 2008

In this paper, a DC power management scheme is proposed for efficient battery operation of 60-GHz receivers. It consists of a rectenna and a zero-cross detector. The harmonic rejection capability of a circular sector antenna is used to simplify the rectenna. The zero-cross detector is introduced to increase sensitivity. When the received power density is larger than 0.013 $mW/cm^2$, it can generate enough DC power to activate an RF receiver. Experimental data is used to verify the proposed idea.

• The Journal of Asian Finance, Economics and Business
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• v.9 no.3
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• pp.33-42
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• 2022

Oil prices have become more volatile as a result of global economic contraction and control measures. Before and during the COVID-19 crisis, this study examines the relationship between oil price swings and daily stock returns in the power sector. The impact is investigated using a panel Vector Autoregressive (VAR) model. Granger causality tests are used to see if oil prices are effective in predicting returns. The dynamic impact of supply shocks is studied using Impulse Response Functions (IRFs). From January 2011 to May 2021, the study used daily data from all listed power sector enterprises on the Pakistan stock exchange. To investigate the differences in reactions between the Pre-COVID and COVID eras, the sample was separated into two groups. Oil shocks are inversely associated with daily firm stock returns. The conclusions are further supported by the lack of impact of stock prices on oil prices. The relationship, however, deteriorates during the COVID pandemic. We could not uncover any evidence of a significant relationship. In developing countries that rely on oil imports, the study sheds light on the utility of oil price shocks in daily stock return predictions.

• Proceedings of the KSME Conference
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• 2001.06a
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• pp.860-864
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• 2001

Today's industrialized plants are required to reduce SOx emitted from stacks at factories, utility power stations, etc. For this purpose, flue gas desulfurization (FGD) system is installed and gas-gas heater (GGH) is used to play a vital role to reheat the wet treated gas from FGD. The sector plates are located at cold and hot sides of gas gas heater. They serve as sealing to prevent mixing treated and untreated gases. Therefore, the deformation of the sector plate due to its dead weight and gas pressure should be considered as major factor for the sector plate design.