• Journal of Korea Water Resources Association
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• v.52 no.2
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• pp.125-132
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• 2019

In this study, we developed a heavy rainfall risk impact matrix, which can be used to evaluate the influence of heavy rainfall risk, and propose a method to evaluate the impact of heavy rainfall risk. We evaluated the heavy rainfall risk impact for each receptor (Residential, Transport, Utility) on Sadang-dong using the heavy rainfall event on July 27, 2011. For this purpose, the potential risk impact was calculated by combining the impact level and the rainfall depth based on the grid. Heavy Rainfall Risk Impact was calculated by combining with Likelihood to predict the heavy rainfall impact, and the degree of heavy rainfall in the Sadang-dong area was analyzed and presented based on grid.

• The Transactions of the Korean Institute of Electrical Engineers A
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• v.54 no.3
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• pp.144-151
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• 2005

This paper presents a forecasting technique of the short-term marginal price (SMP) using an Artificial Neural Network (ANN). The SW forecasting is a very important element in an electricity market for the optimal biddings of market participants as well as for market stabilization of regulatory bodies. Input data are organized in two different approaches, time-axis and day-axis approaches, and the resulting patterns are used to train the ANN. Performances of the two approaches are compared and the better estimate is selected by a composition rule to forecast the SMP. By combining the two approaches, the proposed composition technique reflects the characteristics of hourly, daily and seasonal variations, as well as the condition of sudden changes in the spot market, and thus improves the accuracy of forecasting. The proposed method is applied to the historical real-world data from the Korea Power Exchange (KPX) to verify the effectiveness of the technique.

• International Journal of Fuzzy Logic and Intelligent Systems
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• v.13 no.1
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• pp.39-49
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• 2013

This paper presents a method of improving the performance of a day-ahead 24-h load curve and peak load forecasting. The next-day load curve is forecasted using radial basis function (RBF) neural network models built using the best design parameters. To improve the forecasting accuracy, the load curve forecasted using the RBF network models is corrected by the weighted sum of both the error of the current prediction and the change in the errors between the current and the previous prediction. The optimal weights (called "gains" in the error correction) are identified by differential evolution. The peak load forecasted by the RBF network models is also corrected by combining the load curve outputs of the RBF models by linear addition with 24 coefficients. The optimal coefficients for reducing both the forecasting mean absolute percent error (MAPE) and the sum of errors are also identified using differential evolution. The proposed models are trained and tested using four years of hourly load data obtained from the Korea Power Exchange. Simulation results reveal satisfactory forecasts: 1.230% MAPE for daily peak load and 1.128% MAPE for daily load curve.

• Journal of Electrical Engineering and Technology
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• v.10 no.6
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• pp.2356-2363
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• 2015

Localization of lightning strike point (LSP) in the forest is modeled to mitigate the forest fire damage. Though forest fire ignited by lightning rarely happens, its damage on the forest is grievousness. Therefore, predicting accurate location of LSP becomes crucial in order to control the forest fire. In this paper, we proposed a new hybrid localization algorithm by combining the received signal strength (RSS) and the received signal strength ratio (RSSR) to improve the accuracy by mitigating the environmental effect of lightning strike location in the forest. The proposed hybrid algorithm employs antenna theory (AT) model of cloud-to-ground (CG) return stroke lightning channel to forecast the location of the lightning strike. The obtained results show that the proposed hybrid algorithm achieves better location accuracy compared to the existing RSS method for predicting the lightning strike location considering additive white Gaussian noise (AWGN) environment.

• Environmental and Resource Economics Review
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• v.15 no.5
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• pp.799-826
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• 2006

Combining recent advances in causal flows with time series analysis, relationships among eight North American natural gas spot market prices are examined. Results indicate that price discovery tends to occur in excess demand regions and move to excess supply regions. Across North America, the U.S. Midwest region represented by Chicago spot market is the most important market for price discovery. The Ellisburg-Leidy Hub in Pennsylvania is important in price discovery, especially for markets in the eastern two-thirds of the U.S. Malin Hub in Oregon is important for the western markets including the AECO Hub in Alberta, Canada.

• Journal of the Korea Institute of Information and Communication Engineering
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• v.14 no.1
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• pp.1-8
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• 2010

It is required to polish the components of administrative services constructively and technologically in order to achieve adminstration the u-Gov pursues. Therefore, the government needs to provide management on united information by combining collaborative construction and Convergence technology. This is called to be UT based positioning system. The system ought to be spread out and is contributed to enlarge interaction. For these reasons, in this paper, I embodied the fundamental st겨cture of new the service application through drawing UT based requirements for an establishment of its prototype.

• Smart Structures and Systems
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• v.26 no.1
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• pp.23-33
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• 2020

Majority of the damage in engineering structures is nonlinear. Damage sensitive features (DSFs) extracted by traditional methods from linear time series models cannot effectively handle nonlinearity induced by structural damage. A new DSF is proposed based on vector space cosine similarity (VSCS), which combines K-means cluster analysis and Bayesian discrimination to detect nonlinear structural damage. A reference autoregressive moving average (ARMA) model is built based on measured acceleration data. This study first considers an existing DSF, residual standard deviation (RSD). The DSF is further advanced using the VSCS, and then the advanced VSCS is classified using K-means cluster analysis and Bayes discriminant analysis, respectively. The performance of the proposed approach is then verified using experimental data from a three-story shear building structure, and compared with the results of existing RSD. It is demonstrated that combining the linear ARMA model and the advanced VSCS, with cluster analysis and Bayes discriminant analysis, respectively, is an effective approach for detection of nonlinear damage. This approach improves the reliability and accuracy of the nonlinear damage detection using the linear model and significantly reduces the computational cost. The results indicate that the proposed approach is potential to be a promising damage detection technique.

• Asian Journal of Innovation and Policy
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• v.9 no.2
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• pp.133-144
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• 2020

Korean economy has experienced a very rapid growth largely due to the change of the innovation system since the last half century. The recent outbreak of COVID-19 impacts the global economy as well as Korea's innovation system. In order to understand the influence of the shock to the Korean technological system, we have forecast the future of the system combining qualitative and quantitative techniques such as expert panel, cross impact analysis, and scenario planning. According to the results, we have identified 39 driving forces influencing the change of Korea's technological innovation system. Four scenarios have been suggested based on the predetermined factors and core uncertainties. In other words, uncertainties of emergence of the regions and global value chains generate four scenarios: regional growth, unstable hope, returning to the past, and regional conflicts. The 'regional growth' scenario is regarded as the most preferable, whereas the 'regional conflicts' scenario is unavoidable. In conclusion, we put forward some policy implications to boost the regional innovation system by exploiting the weakened global value chains in order to move on to the most preferable scenario away from the return to the past regime.

• Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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• 2016.10a
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• pp.552-555
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• 2016

Currently it is increasingly commercialized "Mirror Display" is installed the mirror in front of Beauty salon chairs, cosmetic corner and shopping corner of the large department stores. It can go out on to earn additional revenue by showing advertising with a particular service. Speaking conventional mirror were used simply for the purpose of seeing yourself, in this paper, "Mirror Display" provides Weather forecast, Calender, time, Traffic information and important news according to the user's setting by downsizing this at home. Also by combining these technologies, by showing the information required in the 3D output method it will be able to maximize the nature of the mirror. "Hologram Mirror Display" is implemented to raise user satisfaction.

• The Journal of Asian Finance, Economics and Business
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• v.9 no.7
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• pp.1-15
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• 2022

Combining the strength of both Mixed Data Sampling (MIDAS) Regression and realized variance measures, this paper seeks to investigate two objectives: (1) evaluate the post-sample performance of the proposed weekly Realized Variance-MIDAS (RVar-MIDAS) in one-week ahead volatility forecasting against the established Generalized Autoregressive Conditional Heteroskedasticity (GARCH) model and the less explored but robust STES (Smooth Transition Exponential Smoothing) methods. (2) comparing forecast error performance between realized variance and squared residuals measures as a proxy for actual volatility. Data of seven private equity mutual fund indices (generated from 57 individual funds) from two different time periods (with and without financial crisis) are applied to 21 models. Robustness of the post-sample volatility forecasting of all models is validated by the Model Confidence Set (MCS) Procedures and revealed: (1) The weekly RVar-MIDAS model emerged as the best model, outperformed the robust DAILY-STES methods, and the weekly DAILY-GARCH models, particularly during a volatile period. (2) models with realized variance measured in estimation and as a proxy for actual volatility outperformed those using squared residual. This study contributes an empirical approach to one-week ahead volatility forecasting of mutual funds return, which is less explored in past literature on financial volatility forecasting compared to stocks volatility.