• Proceedings of the Korean Institute of IIIuminating and Electrical Installation Engineers Conference
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• 2004.05a
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• pp.335-340
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• 2004

To analyze risk factors of temporary power installations, the investigation was carried out for power receiving system and pack and panel boards at construction sites. The subject was variable such as an airport, an apartment, a municipal playground. There are many risk factors caused by inadequate working environments and the deterioration of temporary power installations using equipment with minimum safety devices at construction sites. There, it is intended to present problems and preventive measures against electrical shock accidents, through analyzing risk factors of real field condition and investigating temporary power installations all over the country.

• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 2019.05a
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• pp.195-196
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• 2019

Studied for multiple obstacle avoidance algorithm based on COLREG for autonomous navigation vessel's safety navigation. By used VECTOR value of external obstacle provided by RADAR, CPA and TCPA of each obstacle are analyzed, and the obstacle is classified based on the value, the risk level is calculated considering multiple obstacle avoidance situations, and the avoidance action is applied to secure minimum safety situation.

• New & Renewable Energy
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• v.7 no.4
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• pp.10-17
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• 2011

Recently, electricity industry is facing high market uncertainty which has ever had and which increase risks in power market. In this study, we analyze risk factors such as discount rates, initial investment (overnight cost), plant factor, fuel cost, carbon price, etc, for the perspective of investor. For the analysis of risk factors, we used LCOE method. The results of this study show that renewable energy is more affected by plant factor and overnight cost than other risk factors. First, Renewable energy has higher proportion of overnight cost in the total investment than that of other technologies. Second, renewable energy is free of fuel cost and carbon price so plant factor is the most important factor, in other words, competitiveness of renewable energy depends on plant factor. Furthermore, we conducted economic feasibility of wind power and PV in domestic case study. The minimum requirement condition to get profitability is that plant factor 15% and overnight cost \6,000,000/kW and 26%, \2,200,000/kW for PV and Wind Power, respectively.

• Journal of Fisheries and Marine Sciences Education
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• v.21 no.1
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• pp.52-58
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• 2009

With the increase of marine traffic capacity, marine accidents have also been increased for recent several years. Especially watch officer must maneuver not entering into the safety minimum approaching distances when two power-driven vessels are crossing. The author calculated the safety minimum approaching distances to provide a navigator with them based on zig-zag motion by experimental ship. The obtained results are summarized as follows : 1. The greatest distance is to be kept by the give way vessel to avoid collision when the crossing course angle is $90^{\circ}$. In this case the safety minimum approaching distance must be more than from 5 times to 11 times of her own length according to her size. 2. The watch officer of the give way vessel must always take an action to avoid collisions outside of the safety minimum approaching distance. 3. When the navigator used rudder to small angle than to large angle to avoid other vessel he must take action outside the sufficient safety minimum outside distances in advance. 4. Risk of collision in crossing situation is more greater in obtuse situation than in acute one.

• Journal of the Society of Disaster Information
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• v.14 no.2
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• pp.122-129
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• 2018

Purpose : This study aims to seek out the risk of low-temperature burns and fire. Method : Hot vests are connected by higher voltage than walking voltage. Results : Accordingly, the possibility of low-temperature burns and fire was proved high. It was also shown that hot vests with relatively lower resistance on heat rays reached a higher temperature as the same voltage was applied. Conclusion : There are some problems with hot vests because they do not have any safety devices like a thermostat or a timer to prevent temperature increasing rapidly. For the purpose of reducing the risk of low-temperature burns and fire, setting the standard of the minimum resistance temperature and regulating the use of heat rays with lower resistance are necessary.

• Nuclear Engineering and Technology
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• v.53 no.1
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• pp.103-110
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• 2021

In the development of a Risk Monitor probabilistic safety assessment (PSA) model from the basic PSA model of a nuclear power plant, the modeling of common-cause failure (CCF) is very important. At present, some approximate modeling methods are widely used, but there lacks criterion of modeling accuracy and error analysis. In this paper, aiming at ensuring the accuracy of risk assessment and minimizing the Risk Monitor PSA models size, we present three basic issues of CCF model resulted from the changes of a nuclear power plant configuration, put forward corresponding modeling methods, and derive accuracy criteria of CCF modeling based on minimum cut sets and risk indicators according to the requirements of risk monitoring. Finally, a nuclear power plant Risk Monitor PSA model is taken as an example to demonstrate the effectiveness of the proposed modeling method and accuracy criteria, and the application scope of the idea of this paper is also discussed.

• Journal of the Korean Society of Safety
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• v.27 no.5
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• pp.16-21
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• 2012

The purpose of this study is to try to find the risk of roller(mixing mill) in working site. In order to achieve the purpose, accident analysis and survey was carried out. This analysis revealed that average of loss days is 334.3 by roller jamming accident and 229.2 by other causes. It means jamming accident entails serious bodily harm. According to our research, we realize that most of rollers have some risk of the jamming accidents. It is simply because the roll gap in the roller is not more than 10cm. It also does not meet minimum distance so as to avoid the risk for jamming accident by KS. Furthermore, 28% of rollers have only one switch and 40% of rollers have two switches operating emergence stop equipment so as to reduce the risk of jamming accidents. Therefore, we presume that it is very difficult to turn on the switch of emergence stop equipment when they confront the accident because most of engineers are working alone.

• The Journal of Asian Finance, Economics and Business
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• v.6 no.2
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• pp.9-13
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• 2019

The paper aims to investigate the performance of domestic Saudi Arabian ETFs. ETFs are investment vehicles in vogue. These instruments were the first levers for investors allowing them to enter some markets that have been highly protected or out of reach. Saudi Arabia, which has been promoted as an emerging country by MSCI, seeks to attract more foreign investors. The first ETFs were launched in the years 2010-2011. Even though their number has not increased since then, there is a desire to attract a large number of investors. We use premiums/discounts analysis, standard risk-return models, and tracking errors measurements to assess how closely their replicate the underlying benchmark based on monthly data. The results indicate that out of the three funds investigated two are slightly traded at premium, while the latter exhibit a price discount. However, tracking errors are at minimum for all funds suggesting that they track well the benchmark index. Further, the Jensen's model shows that alphas are negative or null, and betas capture largely the systematic risk which is consistent with index investing strategies. Finally, traditional risk-adjusted measures of performance are used to compare ETFs, and results exhibit negative ratios showing that portfolios achieve lower return than the risk-free rate.

• Journal of Distribution Science
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• v.13 no.5
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• pp.71-82
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• 2015

Purpose - The purpose of this study is to investigate risk price implied from the pricing kernel of Korean stock distribution market. Recently, it is considered that the quantitative easing programs of major developed countries are contributing to a reduction in global uncertainty caused by the 2007~2009 financial crisis. If true, the risk premium as compensation for global systemic risk or economic uncertainty should show a decrease. We examine whether the risk price in the Korean stock distribution market has declined in recent years, and attempt to provide practical implications for investors to manage their portfolios more efficiently, as well as academic implications. Research design, data and methodology - To estimate the risk price, we adopt a non-parametric method; the minimum norm pricing kernel method under the LOP (Law of One Price) constraint. For the estimation, we use 17 industry sorted portfolios provided by the KRX (Korea Exchange). Additionally, the monthly returns of the 17 industry sorted portfolios, from July 2000 to June 2014, are utilized as data samples. We set 120 months (10 years) as the estimation window, and estimate the risk prices from July 2010 to June 2014 by month. Moreover, we analyze correlation between any of the two industry portfolios within the 17 industry portfolios to suggest further economic implications of the risk price we estimate. Results - According to our results, the risk price in the Korean stock distribution market shows a decline over the period of July 2010 to June 2014 with statistical significance. During the period of the declining risk price, the average correlation level between any of the two industry portfolios also shows a decrease, whereas the standard deviation of the average correlation shows an increase. The results imply that the amount of systematic risk in the Korea stock distribution market has decreased, whereas the amount of industry-specific risk has increased. It is one of the well known empirical results that correlation and uncertainty are positively correlated, therefore, the declining correlation may be the result of decreased global economic uncertainty. Meanwhile, less asset correlation enables investors to build portfolios with less systematic risk, therefore the investors require lower risk premiums for the efficient portfolio, resulting in the declining risk price. Conclusions - Our results may provide evidence of reduction in global systemic risk or economic uncertainty in the Korean stock distribution market. However, to defend the argument, further analysis should be done. For instance, the change of global uncertainty could be measured with funding costs in the global money market; subsequently, the relation between global uncertainty and the price of risk might be directly observable. In addition, as time goes by, observations of the risk price could be extended, enabling us to confirm the relation between the global uncertainty and the effect of quantitative easing. These topics are beyond our scope here, therefore we reserve them for future research.

• Journal of Korean Society on Water Environment
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• v.28 no.3
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• pp.473-478
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• 2012

To protect human health and manage increasing hazardous chemicals in stream area, it is necessary to expand water quality hazardous items based on risk assessment with proper monitoring data. Also, it is essential to set up the suitable monitoring frequency to produce reliable exposure data to derive water quality guidelines. However, there has been no harmonized monitoring frequency for risk assessment in both domestic and international monitoring systems. In addition, the monitoring frequency for risk assessment has been selected as 'Research needs' in the International Conference on Deriving Environmental Quality Standards for the Protection of Aquatic Ecosystems (EQSPAE) of 2011. In this study, Cases of UNEP/WHO, EU, European countries, USEPA, ANZECC/ARMCANZ, CCME, Japan, and Korea were analyzed to propose the monitoring frequency for risk assessment. Monitoring frequencies depending on environmental conditions, monitoring object, measurement parameters, and monitoring duration were extensively collected. We observed that a monthly monitoring has been applied at most of organizations including EU, USEPA, and UNEP/WHO. In this study, monitoring frequency of minimum 6 times during 3 years were proposed to conduct the risk assessment based on the current domestic status. However, it is necessary to make agreements among interested parties, and perform additional studies about optimal monitoring frequency to protect the aquatic ecosystem and human health in Korean rivers and streams.