• Journal of Korea Water Resources Association
• /
• v.55 no.12
• /
• pp.1021-1030
• /
• 2022

Currently, South Korea implements water resources management policies focusing on integrated water quantity, quality and hydro-ecology management. In particular, rehabilitation of natural rivers has become a major issue. As for reservoir operation during non-flood season, efforts have been made continuously to apply the Deficit Supply Method that can maximize water supply to address droughts and increase in water demand. When Deficit Supply Method is applied, the water supply capacity of reservoir can be maximized. However, downstream water flow would remain constant. In consideration that a natural stream, a long-time-created hydro-ecology, can be significantly influenced by flow variability, the Deficit Supply Method-based reservoir operation can generate effective water supply. Still, it may trigger adverse effects from the aspects of natural rehabilitation and hydro-ecology recovery. The main objective of this study is to analyze impacts on downstream flow duration through reservoir simulation by comparing the Firm Supply Method, the Deficit Supply Method and the Selective Deficit Supply Method, and examining each method's effects on reservoir operation. This study found that the Firm Supply Method could maintain water flow variability, but could not maximize water supply capacity. When the Deficit Supply Method was applied, water supply capacity could be increased while remaining vulnerable regarding water flow variability, as a difference between average flow and low flow was negligible at downstream. In comparison, the Selective Deficit Supply Method was found to sustain time-based reliability at 95% or higher, whereas downstream flow duration could be maintained at a level similar to the level generated by the Firm Supply Method.

• Journal of Environmental Science International
• /
• v.13 no.3
• /
• pp.197-204
• /
• 2004

In this study analyzed the reliability indices against the water supply ability of Andong dam. The water supply analysis of Andong dam used the HEC-5 model. So Andong dam simulated planed water-supply capacity of Andong dam as increase and decrease +5% ～ -5% of water supply quantity. Water-supply capacity of Andong dam estimated, deficit occurrence, deficit quantity, deficit period. As the results estimated reliability(occurrence based, time based, quantity based) and resiliency vulnerability and with water supply capacity evaluation indices of Andong dam. Also reliability(occurrence based, time based, quantity based), resiliency, vulnerability and resiliency indices are estimated to evaluated the performance of water supply on Andong dam, and their relationships are evaluated.

• Journal of Korea Water Resources Association
• /
• v.47 no.6
• /
• pp.523-536
• /
• 2014

A water supply reliability is mainly influenced by water demand, reservoir storage, and inflow change caused from drought. The water supply reliability can vary depending on the method of dam operation. In Korea, the deficit-supply method which complements water deficit as water shortage occurs in downstream areas has been used for the national water resources master plan using K-WEAP, but the prime flow method, an alternative approach, would show different results of water supply reliability in comparison to the deficit-supply method. The objective of this research is to compare and analyze differences in water supply reliability according to dam operation methods. These results can be used to re-evaluate water supply reliability of dam in a circumstance considering steady dam release for instreamflow in downstream and hydroelectric power generation.

• KSCE Journal of Civil and Environmental Engineering Research
• /
• v.40 no.5
• /
• pp.477-484
• /
• 2020

Reservoir operation affects the sustainability of a water supply. However, the increase in the temporal and spatial variability of rainfall, attributed to climate change, has led to severe droughts and increased difficulty in maintaining a sustainable discharge at certain locations in a reservoir system operation. In this study, water yield was evaluated using reservoir simulation with varied water supply. Three reservoir system models were simulated for nine reservoirs in the Han River basin. The time-based reliability, volumetric reliability, and resiliency were used to evaluate the results. Each case was simulated by applying firm supply, deficit supply, and deficit supply with historical power release of the Hwacheon Reservoir. As a result of the simulation, all indexes were increased when the deficit supply was applied. In particular, the time-based reliability increased by more than 30%, and the supply reliability increased by about 4%. The result showed that the water supply of the entire water system could be increased when all reservoirs in the water system were operated to supply water and maintain sustainable discharge at the same downstream point. The deficit supply was an efficient reservoir operation method for responding to climate change, especially increased rainfall variability.

• The Journal of Asian Finance, Economics and Business
• /
• v.5 no.4
• /
• pp.35-44
• /
• 2018

The study is aimed at investigating the main factors that affect the interest rate yields, in the long-term. In addition, the study surveys the theories and literature relating to the determinants of interest rate. The importance of which is essential not only for governments, but also for banks and corporate financial risk management decisions, including risk exposures in banks and capital markets. Interest rate influences corporate profit as well as growth. For this purpose, the study examines the impact of budget deficit, risk-free rate, capital inflows, money supply and business cycles on real interest rate in Jordan. These factors are based upon well-established theories and straightforward practical view as interest rate determinants. Using data for (1990-2015), the study employed Johansen's co-integrating test, which takes into consideration the long-term unsynchronized relationships. The data is tested for normality, symmetric correlations, covariance diagonal and unit root. The results show that the government budget deficit, short-term risk-free interest rate, capital inflows, money supply and business cycle are long-term determinants of the real interest rate in Jordan. The coefficients of government budget deficit, short-term risk-free rate, money supply and business cycle all are inversely affecting the real interest rate, while capital inflows has a positive impact on the real interest rate.

• Proceedings of the Korea Water Resources Association Conference
• /
• 2009.05a
• /
• pp.1612-1615
• /
• 2009

Water supply reliability indexes (WSRI) is estimated for assessment of water supply capacity in the downstream for parallel reservoir system in Nakdong River, South Korea, using allocation rule (AR) according to the water supply capacity of each reservoir and the characteristic of parallel reservoir system. The result of the analyzing parallel reservoir system for Andong and Imha reservoir in Nakdong River does not include evidences available enough to decide whether the results of water supply analysis are excellent in the current reliability evaluation or not. However, AR (C) shows a good result in the water supply capacity for each reservoir based on the connected operation system and the total water supply capacity at the control point of downstream by the average water supply capacity and possible range of water supply capacity suggested by this study. The average water supply capacity is analyzed by the reliability of monthly average water supply capacity. Furthermore, the possible range of water supply capacity is estimated by the standard deviation when water deficit occurs. Therefore, AR (C) is useful to establish and estimate the planning water supply capacity according to the monthly water supply condition and the possible range of water supply capacity when the water supply capacity deficit occurs, South Korea.

• Journal of Korean Society on Water Environment
• /
• v.26 no.5
• /
• pp.740-746
• /
• 2010

Rainwater has been used in many countries as a way of minimizing water availability problems. Rainwater harvesting system (RHS) has been successfully implemented as alternative water supply sources even in Korea. Although RHS is an effective alternative to water supply, its efficiency is often heavily influenced by temporal distribution of rainfall. Since natural precipitation is a random process and has probabilistic characteristics, it will be more appropriate to describe these probabilistic features of rainfall and its relationship with design storage capacity as well as supply deficit of RHS. This study presents the methodology to establish the relationships between storage capacities and deficit rates using probability distributions. In this study, the real three-story building was considered and nine scenaries were developed because the daily water usage pattern of the study one was not identified. GEV, Gumbel and the generalized logistic distribution ware selected according to the results of Kolmogorov-Smirnov test and Chi-Squared test. As a result, a set of curves describing the relationships under different exceedance probabilities were generated as references to RHS storage design. In case of the study building, the deficit rate becomes larger as return period increases and will not increase any more if the storage capacity becomes the appropriate quantity. The uncertainties between design storage and the deficit can be more understood through this study on the probabilistic relationships between storage capacities and deficit rates.

• Journal of Korea Water Resources Association
• /
• v.47 no.2
• /
• pp.195-206
• /
• 2014

In this study, a performance evaluation method of water supply for a multi-purpose dam based on deficitsupply method and reservoir storage is presented. The method is applied to 16 multi-purpose dams and water supply performance is evaluated. As a result, 6 dams (Soyanggang, Chungju, Hoengseong, Andong, Imha, and Hapcheon dam) have highest performance and 2 dams (Sumjingang and Buan dam) have relatively low performance. Particularly, Buan dam is the most vulnerable in the analysis results of reliability, resiliency, and vulnerability. Therefore, measures to improve the performance of water supply are needed in Buan multi-purpose dam.

• The Journal of Asian Finance, Economics and Business
• /
• v.8 no.5
• /
• pp.617-626
• /
• 2021

The study examines the existence of twin deficit in two emerging economies (Turkey and Iran) and also investigates the relation of twin deficit with specific macroeconomic indicators such as the GDP, money supply, foreign direct investment, and the interest rate both in short and long-run periods. The twin-deficit concept refers to a situation where the current account deficit and budget deficits exist in the same corresponding period of an economy. This study employs the Bound Test Autoregressive lag distributed (ARDL) model on time-series quarterly secondary data of Turkey and Iran from 1992 to 2019. The stationarity of variables has been ensured through the Augmented Dickey-Fuller (ADF) test at the level and the first difference. The results reveal the existence of a twin deficit in both the short and long-run periods only in Iran. Its existence could not be observed in the Turkish economy. The findings suggest a positive relationship between twin deficit and GDP, and a negative relationship between twin deficit and FDI and M2. At the same time, the relationship of the twin deficit with interest rate could not be found in the Iranian economy. The findings may be helpful for economic managers of both countries in executing their economic policies.

• KSCE Journal of Civil and Environmental Engineering Research
• /
• v.11 no.4
• /
• pp.113-119
• /
• 1991

In the present study, a methodology has been established for water budget analysis of a river basin for which monthyl rainfall and evaporation data are the only available hydrologic data. The monthly rainfall data were first converted into monthyl runoff data by an empirical formula from which long-term runoff data were generated by a stochastic generation mothod. Thomas-Fiering model. Based on the generated long-term data low flow frequency analysis was made for each of the oberved and generated data set, the low flow series of each data set being taken as the water supply for budget analysis. The water demands for various water utilization were projected according to the standard method and the net water consumption computed there of. With the runoff series of the driest year of each generated data set as an input water budget computation was made through the composite reservoirs comprised of small reserviors existing in the basin by deficit-supply method. The water deficit computed through the reservior operation study showed that the deficit radically increases as the return period of low flow becomes large. This indicates that the long-term runoff data generated by stochastic model are a necessity for a reliable water shortage forecasting to cope with the long-term water resourse planning of a river basin. F.E.M. program (ADINA) is also presented herein.