• New & Renewable Energy
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• v.6 no.2
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• pp.27-32
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• 2010

Low Calorific Gas Turbine (LCGT) has been developed as a next generation power system using landfill gas (LFG) and biogas made from various organic wastes, food Waste, waste water and Livestock biogas. Low calorific fuel purification by pretreatment system and carbon dioxide fixation by green house system are very important design target for the optimum applications of LCGT. Main troubles of Low Calorific Gas Turbine system was derived from the impurities such as hydro sulfide, siloxane, water contained in biogas. Even if the quality of the bio fuel is not better than natural gas, LCGT may take low quality gas fuel and environmental friendly power system. The mechanical characterisitics of LCGT system is a high energy efficiency (>70%), wide range of output power (30 kW - 30 MW class) and very clean emission from power system (low NOx). A green house has been designed for four different carbon dioxide concentration from ambient air to 2000 ppm by utilizing the exhaust gas and hot water from LCGT system. LCGT is expected to contribute achieving the target of Renewable Portfolio Standards (RPS).

• Journal of Practical Engineering Education
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• v.13 no.3
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• pp.497-505
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• 2021

Test equipment for strain and vibration measurement was designed for educational purposes. Widely available and affordable materials were put into making this device. Three strain gauges placed on an iron ruler made cantilevered beam were used to measure values according to external load. An electromagnet triggered excitation and a function generator created vibration of the beam. We present three different tests conducted with this equipment regarding production of scales, measurement of resonant frequency, and calculation of the difference between excitation frequency and measured frequency. Overall, this paper presents a piece of simple yet inexpensive test equipment and its corresponding portfolio with expectations of being applied to the educational field for efficient measurement of load and vibration.

• The Journal of Asian Finance, Economics and Business
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• v.9 no.4
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• pp.13-28
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• 2022

The growth of the Islamic finance sector has been well-documented. One of the most booming sectors has been Sukuk. According to several past studies, non-Islamic investors' interest in Sukuk is due, at least in part, to the diversification benefits that Sukuk provides in the context of a fixed-income portfolio. This paper compares a pair between Sukuk and Bonds in the Malaysian market issued by the same issuer to have an unbiased comparison. Using unconditional correlation methodology provides an initial examination of the relationship between the matched pairs. In addition, this paper adopts the standard GARCH-DCC approach of Engle (2002). This is a generalization of the Bollserslev (1990) GARCH model, allowing for the conditional correlation matrices to be time-varying. The findings reveal that the correlation between bonds and Sukuk is similar to that of bonds, making Sukuk a less appealing type of bond from a diversification standpoint. There are no significant differences between Sukuk and bonds. These finding questions the previously considered differences among different types of Sukuk and supports the argument that some Sukuk might not be compliant with Islamic rules and their structure, as contracts have the same risks for Sukuk holders regardless of the type of Sukuk.

• Journal of Korea Technology Innovation Society
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• v.6 no.3
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• pp.373-390
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• 2003

With limited resources, proper allocation of the national R&D budget is very crucial matter for reinforcing the national competence, and the importance of selecting strategic R&D fields have been increasingly emphasized by technology policy-makers and CTOs. This paper deals with technology relevance/cluster analysis, which measures technological dependency and relevancy among technologies, and how it can be used for selecting the strategic R&D fields especially satisfying SMEs(small and medium enterprises)' specific needs. As a result of this study, technology-product tree composed of 7 major technology fields, 22 clusters, 41 groups, 335 core-need technologies and hundreds of related business items are produced that can be used for designing SMEs' R&D/business portfolio as well as R&D investment decision-making of the Ministry of Small and Medium Business Administration.

• Journal of Energy Engineering
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• v.19 no.4
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• pp.251-257
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• 2010

Korea have a plan to enforce the Renewable Portfolio Standard(RPS) in 2012 for climate change action and effective use of energy but because of lack of renewable energy resources and limits of technology development, it will be hard to fullfill a target for RPS obligation in domestic power generation sector and woodchip biomass cofiring with coal combustion is the one of the alternative methods of the goal. Woodchip biomass cofiring with coal combustion is easy to approach technical design and has competitiveness of $CO_2$ & renewble energy certificate benefit and also has much lower generation cost than any other renewable energy resources. Because of that reason, woodchip biomass cofiring with coal combustion should be needed to fullfill the goal for RPS obligation in domestic power generation sector with midlong-term direction.

• Journal of the Korea Institute of Military Science and Technology
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• v.12 no.3
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• pp.299-308
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• 2009

In this paper, we have developed an evaluation model of technology green index(TGI) which includes 3 evaluation factors and 13 indicators. Furthermore, as presenting the degree of relative importance among evaluation factors and indicators for all R&D evaluation stages and all green technology areas, and applying the proposed model to 5 defense projects, we have found applicability of the model to evaluation of defense R&D projects. The results of evaluation using this model can be used to monitor the performance of project life cycle and develop R&D investment strategy of green technology using portfolio analysis.

• Proceedings of the Korean Operations and Management Science Society Conference
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• 2005.05a
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• pp.1059-1062
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• 2005

본 논문에서 이론적으로 분석하고자 하는 기술포트폴리오 매트릭스는 기술매력성(계속적 개발잠재성, 응용범위, 호환가능성)과 자원강도(지배범위, 잠재성, 반응속도)에 기초한 기술투자 분석 또는 전략적 기술관리를 위한 유용한 의사결정 수단이다. 즉, 기술포트폴리오는 국내기업뿐만 아니라 현지투자기업의 연구개발과 관련된 의사결정을 위하여 활용될 수 있다. 특히, 본 연구에서는 글로벌 기업에 있어서의 본사 및/또는 현지자회사간의 기술포트폴리오 매트릭스를 분석함으로써 글로벌 기업의 기술포트폴리오 관리를 위한 방법을 제시하고자 한다.

• Journal of applied mathematics & informatics
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• v.28 no.3_4
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• pp.863-875
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• 2010

In this paper we apply the martingale approach, which has been widely used in mathematical finance, to investigate the optimal investment problem for an insurer under the criterion of mean-variance. When the risk and security assets are described by the L$\acute{e}$vy processes, the closed form solutions to the maximization problem are obtained. The mean-variance efficient strategies and frontier are also given.

• Industrial Engineering and Management Systems
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• v.13 no.1
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• pp.107-115
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• 2014

Offshore wind power has been extremely popular in recent years, and in the energy technology field, relevant research has been increasingly conducted. However, research regarding patent portfolios is still insufficient. The purpose of this research is to study the status of mainstream offshore wind power technology and patent portfolios and to investigate major assignees and countries to obtain a thorough understanding of the developmental trends of offshore wind power technology. The findings may be used by the government and industry for designing additional strategic development proposals. Data mining methods, such as multiple correspondence analyses and k-means clustering, were implemented to explore the competing technological and strategic-group relationships within the offshore wind power industry. The results indicate that the technological positions and patent portfolios of the countries and manufacturers are different. Additional technological development strategy recommendations were proposed for the offshore wind power industry.

• The Journal of the Convergence on Culture Technology
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• v.6 no.4
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• pp.379-384
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• 2020

The purpose of this study is to analyze the impact of individual savings banks' financial conditions on their loan portfolio after savings bank restructuring. The analysis results are as follows. First, it was estimated that the relationship between the rate of change in the NPL Ratio and the ratio of household loans has a significant positive value. Second, it was estimated that the interaction effect between the rate of change in the ratio of fixed and below loans and the spread of the deposit-to-deposit rate has a significant negative (-) value with the household loan weight. Third, the relationship between the asset size and the proportion of household loans was estimated to have a significant positive (+) value. In other words, it was analyzed that the financial situation of the savings bank affects the loan portfolio, and it should provide important implications for establishing policies for each financial situation of the savings bank. Depending on the financial situation in the future, there is a need to avoid excessive asset expansion of specific loans and preemptive soundness management.