• Journal of Korea Planning Association
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• v.53 no.7
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• pp.67-86
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• 2018

This paper attempted to analyze impacts of transition in electricity generation system on a national economy and environmental level in Korea using a recursive computable general equilibrium(CGE) model. In particular, the paper presented a hybrid model combining the top-down CGE model with the bottom-up model which describes the structure of electricity production in detail. The impacts were analyzed by two policy scenarios base on the basic plan for electricity supply and demand proposed by the Korean government. As a result, the paper specifically showed that there exists a trade-off relationship in the policy-making between economic efficiency and environmental level. The paper also suggested that the transition in electricity generation system should be done more gradually and carefully.

• Journal of the Korean Institute of Educational Facilities
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• v.11 no.5
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• pp.14-23
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• 2004

Building-integrated photovoltaic(BIPV) systems can operate as a multi-functional building components, which generates electricity and serves as part of building envelope. It can be regarded as a new architectural elements, adding to the building's aesthetics. Besides of these benefits, the application of PV systems into school buildings tends to play an important role in energy education to students. In this context, this study aims to analyse the applicability of PV systems into school buildings. For an existing school building, four types of BIPV designs were developed; rooftops, wall-attached, wall-mounted with angle, and sunshading device. Based on energy modeling of those BIPV systems, the whole 60.1kWp rated PV installation is expected to yield about 65.6MWh of electricity, that is about 50% more than the annual electricity consumption of the school, 44MWh. It was also found that the applicability of the PV systems into the school building was very high, and the rooftop systems with the optimized angle was the most efficient in energy production, followed by sunshading, wall-mounted with angle and wall-attached. It concludes that school buildings have a reasonable potential to apply PV systems in the aspects of building elements and electricity production.

• Environmental and Resource Economics Review
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• v.29 no.4
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• pp.499-520
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• 2020

Input ratio of electricity to other production inputs in the Korean manufacturing sector has been higher than for the other OECD countries. In addition, electricity prices in Korea has been relatively lower than the average of OECD countries. Moreover, electricity sector is responsible for most CO2 emissions in Korea as coal and natural gas account 41.9% and 26.8% of electricity production as of 2018. Therefore, it looks inevitable to raise the electricity tariff for the manufacturing sector in Korea, but there is a concern that increase in the electricity tariff might affect small and medium enterprises (SMEs) more than large firms. This study estimates electricity demand's price and output elasticities for large firms and SMEs in steel industry by employing a time varying parameter model (Kalman filter). The analysis shows that changes in output levels regardless of firms' size affect electricity demands more significantly than do changes in electricity prices. Second, large firms have higher variances for both price and output elasticities of electricity demand. Third, large firms have higher price elasticity but lower output elasticity of electricity demand relative to SMEs. Policy implications are suggested in association with how to reduce electricity demands in the energy-intensive industry.

• Nuclear Engineering and Technology
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• v.41 no.4
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• pp.413-426
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• 2009

Nuclear energy plays an important role in world energy production by supplying 6% of the world's current total electricity production. However, 86% of the energy consumed worldwide to produce industrial process heat, to generate electricity and to power the transportation sector still originates in fossil fuels. To cope with dwindling fossil fuels and climate change, it is clear that a clean alternative energy that can replace fossil fuels in these sectors is urgently required. Clean hydrogen energy is one such alternative. Clean hydrogen can play an important role not only in synthetic fuel production but also through powering fuel cells in the anticipated hydrogen economy. With the introduction of the high temperature gas-cooled reactor (HTGR) that can produce nuclear heat up to $950^{\circ}C$ without greenhouse gas emissions, nuclear power is poised to broaden its mission beyond electricity generation to the provision of nuclear process heat and the massive production of hydrogen. In this paper, the features and potential of the HTGR as the energy source of the future are addressed. Perspectives on nuclear heat and hydrogen applications using the HTGR are discussed.

• Environmental and Resource Economics Review
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• v.9 no.2
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• pp.333-347
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• 2000

We employed various econometic methods to estimate the production index elasticity and the price elasticity of elecricity demand in Korea and compared the forecasting power of those methods. Cointegration models (ADL model, Engle-Granger model, Full Informtion Maximum Likelihood method by Johansen and Juselius) and Dynamic OLS by Stock and Watson were considered. The forecasting power test shows that Dynamic OLS has the best forecasting power. According to Dynamic OLS, the production index elasticity and the price elasticity of electricity demand in Korea are 0.13 and -0.40, respectively.

• Journal of Climate Change Research
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• v.8 no.4
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• pp.357-367
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• 2017

Electricity generation in Korea mainly depends on thermal power and nuclear power. Especially the coal power has led to the increase in $CO_2$ emissions. This paper intends to analyze the current status of $CO_2$ emissions from electricity generation in Korea during the period 1990~2016, and apply the logarithmic mean Divisia index (LMDI) technique to find the nature of the factors influencing the changes in $CO_2$ emissions. The main results as follows: first, $CO_2$ emission from electricity generation has increased by $165.9MtCO_2$ during the period of analysis. Coal products is the main fuel type for thermal power generation, which accounts about 73% $CO_2$ emissions from electricity generation. Secondly, the increase of real GDP is the most important contributor to increase $CO_2$ emissions from electricity generation. The carbon intensity and the electricity intensity also affected the increase in $CO_2$ emission, but the energy intensity effect and the dependency of thermal power effect play the dominant role in decreasing $CO_2$ emissions.

• Environmental and Resource Economics Review
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• v.22 no.2
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• pp.251-279
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• 2013

Prices of oil products such as gasoline and diesel are deregulated since 1997 while electricity price is still controlled by government. This difference may explain recent discrepancy in the patterns of demand for oil products and electricity - constant increase in electricity consumption and stagnant demand for oil. To verify it empirically, we estimate price and income (production) elasticity of demand across time by using a rolling regression with 10 year-window based on monthly data for 1981-2011. Estimation results show that the sensitivity to price in demand for gasoline and diesel has increased since mid-90s while the elasticity of demand for electricity has become smaller. Second, income (production) elasticities of demand have shown no significant changes for both oil products and electricity. Third, cross-price elasticity was found meaningful only for gasoline before mid 1990s and for diesel after then.

• 한국신재생에너지학회:학술대회논문집
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• 2006.06a
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• pp.343-346
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• 2006

Although renewable energy sources are more environmentally friendly than fossil energy sources, it is far more costly, considering current technological standards. It would not present many competitive advantages in the power market. If the renewable electricity is viable in the market, the government should take 'visible' actions to compensate production costs. Popular policies, such as Feed-In-Tariff and Renewable Portfolio Standards, can help to attract investors into generators of renewable electricity. But presently, they are mainly financed through a undifferentiated increase of electricity bills and occasionally confronted with the opposition of the electricity consumers. And most policies tend to focus on increasing the supply of renewable electricity with little consideration toward elevating the motivation of consumers. This study evaluates the potential of environmentally friendly energy consumption and examines the 'green pricing' program which realize the potential.

• International Journal of Computer Science & Network Security
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• v.23 no.12
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• pp.194-198
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• 2023

The current electricity networks will undergo profound changes in the years to come to be able to meet the growing demand for electricity, while minimizing the costs of consumers and producers, etc. The electricity network of tomorrow or even the intelligent « Smart Grids » network will be the convergence of two networks: the electricity network and the telecommunications network. In this context falls our work which aims to study the impact of the integration of energy decentralization into the electricity network. In this sense, we have implemented a new smart grid model where several coexisting suppliers can exchange information with consumers in real time. In addition, a new approach to energy distribution optimization has been developed. The simulation results prove the effectiveness of this approach in improving energy exchange and minimizing consumer purchase costs and line losses.

• Journal of the Korean Association of Geographic Information Studies
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• v.16 no.4
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• pp.91-105
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• 2013

This study performed an assessment of wave power potential in the Kangwon and Dongnam regions encompassing the East Sea and part of South Sea. Annual electricity production and economic effects of 28 wave energy converters with 750kW capacity were analyzed using significant wave height and peak wave period data(created from the NOAA's NWW3 model) and InVEST software(developed by Stanford University and University of Minnesota). Annual electricity production was estimated to be up to 1,207MWh/year and at least 163MWh/year. The spatial pattern of annual electricity production showed that the sea far from land has higher wave power potential than the sea near coast. The net present value(NPV) of 28 wave energy converters was calculated by considering an operation period of 25 years. When assuming that the electricity produced from wave energy converters is transferred to onshore power plants through underwater cables, the NPV was estimated to be up to 5,883USD(6,600,000KRW) and at least -63,494USD(-71,000,000KRW). In contrast, the NPV increased up to 28,095 USD(31,600,000KRW) when assuming that the electricity is utilized in the Ulleungdo and Dokdo. In addition, it was found that the break-even line of NPV in the East Sea becomes closer towards the land according to the increment of electricity price. The NPV of wave energy converters near the Ulleungdo and Dokdo will be 88,158 USD(99,000,000KRW) if the increment of electricity price is 100KRW.