• 한국농림기상학회:학술대회논문집
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• 한국농림기상학회 2014년도 추계 학술발표논문집
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• pp.74-85
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• 2014

This study is a part of "Early Warning Service for Weather Risk Management in Climate-smart Agriculture", describes the delivery techniques from 840 catchment scale weather warning information using 150 counties unit special weather report(alarm, warning) released from KMA(Korea Meteorological Administration) and chronic weather warning information based on daily weather data from 76 synoptic stations. Catchment weather hazard warning service express a sequential risk index map generated by countries report occurs and report grade(alarm, warning) convert to catchment scale using zonal summarizing method. Additional services were chronic weather warning service at crop growth and accumulated more than 4 weeks, based on an unsuitable weather conditions, representing a relative risk compared to its catchment climatological normal conditions (normal distribution ) in addition to special weather report. Service provided by a real-time catchment scale map overlaid with VWORLD open platform operated by Ministry of Land, Infrastructure and Transport. Also provide a foundation for weather risk information to inform individual farmers to farm located within the catchment zone warning occur.

• Journal of the Korean Data and Information Science Society
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• 제23권2호
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• pp.365-374
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• 2012

Weather derivatives designed to manage casual changes of weather, as opposed to catastrophic risks of weather, are relatively a new class of financial instruments. There are still many theoretical and practical challenges to the effective use of these instruments. The objective of this paper is to develop a pricing approach for valuing weather derivatives and presents a case study that is practical enough to be used by the risk managers of electrical utility firms. Utilizing daily average temperature data of Guangzhou, China from $1^{st}$ January 1978 to $31^{st}$ December 2010, this paper adopted a univariate time series model to describe weather behavior dynamics and calculates equilibrium prices for weather futures and options for an electrical utility firm in the region. The results imply that the risk premium is an important part of derivatives prices and the market price of risk affects option values much more than forward prices. It also demonstrates that weather innovation as well as weather risk management significantly affect the utility's financial outcomes.

• 한국유기농업학회지
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• 제28권4호
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• pp.459-475
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• 2020

This study analyzes weather derivatives as an alternative risk management tool to stabilize farm revenue to complement the existing crop insurance program which suffers from asymmetric information problems such as adverse selection, moral hazard, and verifiability. We estimated apple yield functions to observe the relationship between yields and weather indices such as temperature and precipitation. Based on the estimated yield functions we designed weather futures and options products underlying temperature and precipitation, and calculated the prices of futures and options by two different approaches, historical distribution and Monte Carlo simulation. We found that weather futures and options stabilize farm revenue based on the estimated four risk indicators: Coefficient of Variation, Value at Risk, Certainty Equivalence, and Risk Premium. As a result, weather derivatives could be considered as a potential farm risk management tool through studying more in legal and institutional strategies and developing various derivatives products.

• 한국화재소방학회논문지
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• 제29권5호
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• pp.88-95
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• 2015

본 논문에서는 일상생활에서 화재에 대한 주민들의 경각심을 고취시킬 수 있도록 기상조건에 따른 화재위험을 평가할 수 있는 날씨 관련 서비스를 제안한다. 제안된 서비스는 기상예보에 따른 화재위험평가등급과 특정 기상조건에서 화재요인에 따른 화재위험도를 제공한다. 제안한 서비스에서는 데이터마이닝 기법인 의사결정트리를 이용하여 화재조사데이터와 관측된 기상데이터로부터 화재위험평가등급을 산출할 수 있는 화재 위험도 매트릭스를 생성한다. 주민들은 제안한 서비스를 통해 특정 기상조건에서 화재요인에 따라 화재위험도를 직접 평가할 수 있고, 화재위험도를 저감시킬 수 있는 예방책을 사용자가 선택할 수 있다. 제안한 서비스를 시스템화하여 서비스의 현실성을 확인하였다. 시스템은 온라인상에서 기상청의 기상예보가 갱신될 때마다 시도별로 기상예보에 따른 화재위험평가등급을 표시하고, 각 시도별로 해당 기상조건에서 화재요인에 따라 화재위험도를 평가할 수 있다.

• 한국기후변화학회지
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• 제8권2호
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• pp.171-175
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• 2017

The purpose of the farmstead-specific early warning service system for weather risk management is to develop custom-made risk management recommendations for individual farms threatened by climate change and its variability. This system quantifies weather conditions into a "weather risk index" that is customized to crop and its growth stage. When the risk reaches the stage where it can cause any damage to the crops, the system is activated and the corresponding warning messages are delivered to the farmer's mobile phone. The messages are sent with proper recommendations that farmers can utilize to protect their crops against potential damage. Currently, the technology necessary to make the warning system more practical has been developed, including technology for forecasting real-time weather conditions, scaling down of weather data to the individual farm level and risk assessments of specific crops. Furthermore, the scientific know-how has already been integrated into a web-based warning system (http://new.agmet.kr). The system is provided to volunteer farmers with direct, one-on-one weather data and disaster warnings along with relevant recommendations. In 2016, an operational system was established in a rural catchment ($1,500km^2$) in the Seomjin river basin.

• 대한전기학회논문지:전력기술부문A
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• 제53권9호
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• pp.487-493
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• 2004

The electric power industry throughout the world is undergoing considerable changes from the vertically integrated utility structure to the deregulated market. However, the deregulated electricity market is operated with respect to theory of economical efficiency, and therefore, the system operator requires data with fast contingency ranking for security of the bulk power system. This paper compares the weather dependant probabilistic risk index(PRI) with the system performance index for power flow in the IEEE-RTS. The system performance index for power flow presents the power system stability. This paper presents fast calculation method for determining contingency ranking using the weather dependant probabilistic risk index(PRI). The probabilistic risk index can be classified into the case of normal and adverse weather. This paper proposes calculation method using the probabilistic risk index in determining contingency ranking required for security under the deregulated electricity market.

• 자원ㆍ환경경제연구
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• 제15권2호
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• pp.319-353
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• 2006

본 논문은 날씨파생상품이 전기도매시장에서의 가격 및 수량 위험의 헤지수단으로서 활용될 수 있다는 것을 보여주고 있다. 또한 일별 수준의 가격과 물량이 아니라 여름기간 동안의 전기도매시장에서의 전기구입 비용 혹은 전기판매 수입을 대상으로 하여 날씨관련 계약형태의 위험헤지효과를 살펴보았다. 날씨관련 계약들이 전기도매시장의 시장신호를 더 잘 보전하고 있으며, 도매전기 구입관련 금융위험을 더 잘 헤지함을 발견하였다. 전기도매시장에서 선물계약과 날씨파생상품을 결합하였을 경우, 더운 날의 경우 높은 전기생산비용이 가격에 반영되며, 전기판매 수입 혹은 전기구입 비용의 변동성이 현저히 낮아진다는 것을 발견하였다.

• 국제학술발표논문집
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• The 5th International Conference on Construction Engineering and Project Management
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• pp.397-402
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• 2013

In super-tall building construction projects, schedule risk factors which vertically change and are not found in the low and middle-rise building construction influence duration of a project by vertical attribute; and it makes hard to estimate activity or overall duration of a construction project. However, the existing duration estimating methods, that are based on quantity and productivity assuming activities of the same work item have the same risk and duration regardless of operation space, are not able to consider the schedule risk factors which change by the altitude of operation space. Therefore, in order to advance accuracy of duration estimation of super-tall building projects, the degree of changes of these risk factors according to altitude should be analyzed and incorporated into a duration estimating method. This research proposes a simulation model using Monte Carlo method for estimating activity duration incorporating schedule risk factors by weather conditions in a super-tall building. The research process is as follows. Firstly, the schedule risk factors in super-tall building are identified through literature and expert reviews, and occurrence of non-working days at high altitude by weather condition is identified as one of the critical schedule risk factors. Secondly, a calculating method of the vertical distributions of the weather factors such as temperature and wind speed is analyzed through literature reviews. Then, a probability distribution of the weather factors is developed using the weather database of the past decade. Thirdly, a simulation model and algorithms for estimating non-working days and duration of each activity is developed using Monte-Carlo method. Finally, sensitivity analysis and a case study are carried out for the validation of the proposed model.

• 한국재난정보학회 논문집
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• 제19권1호
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• pp.69-75
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• 2023

연구목적: 지속되는 기후변화에 의한 풍수해 등의 발생 빈도와 강도가 증가하고 있어 극한 기상현상이 지역 특성 및 상황에 따라 재난으로 이어지는 위험성이 높아지고 있어 기상 관련 긴급정보를 사용자 및 사용자 환경에 맞추어 신속하게 제공할 필요가 있다. 연구방법: 기상 재난에 의한 피해 위험 지역 거주 주민과 재난 현장에서 재난에 대응하는 방재 관계기관 등 특정 사용자의 요구에 특화된 맞춤형 기상긴급정보를 전달하기 위한 기상긴급정보전달시스템의 1단계 시스템이 개발되고 인공지능을 활용한 긴급성 식별 방안이 연구되었다. 시범연구로 극한 기상에 의한 재난 뉴스기사를 분석하고 심각성을 식별하여 관련된 기상 특보와 연계하는 방안을 제안하고자 하였다. 연구결과: 1단계 기상긴급정보 전달시스템이 개발되었고 보다 광범위한 자료 분석을 통해 유용한 정보를 추가할 수 있는 방안이 제시되었다. 결론: 기상긴급정보의 직접적이며 신속한 제공을 통해 극한기상에 의한 재난 피해를 줄 일 수 있을 것으로 기대된다.

• 한국기후변화학회지
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• 제6권1호
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• pp.55-60
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• 2015

Agro-Meteorological Information Service (AMIS) network has been established since 2001 by Rural Development Administration (RDA) in Korea, and has provided access to current and historical weather data with useful information for agricultural activities. AMIS network includes 158 automated weather stations located mostly in farm region, with planning to increase by 200 stations until 2017. Agrometeorological information is disseminated via the web site (http://weather.rda.go.kr) to growers, researchers, and extension service officials. Our services will give enhanced information from observation data (temperature, precipitation, etc.) to application information, such as drought index, agro-climatic map, and early warning service. AMIS network of RDA will help the implementation of an early warning service for weather risk management.