• Environmental and Resource Economics Review
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• v.27 no.1
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• pp.67-104
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• 2018

In this paper, we compare the spread effects of the carbon tax imposition method using the real business cycle model considering the productivity and energy price shocks. Scenario 1 sets the carbon tax rate that encourages the representative firm to maintain a constant $CO_2$ reduction ratio in accordance with its green house gas reduction targets for each period. Scenario 2 sets the method of imposing the steady state value of the carbon tax rate of Scenario 1 during the analysis period. The impulse response analysis shows that the responses of $CO_2$ emissions to external shocks are relatively sensitive in scenario 2. And simulation results show that the cost of $CO_2$ abatement is more volatile in scenario 1, and $CO_2$ emissions and $CO_2$ stock are more volatile in scenario 2. In particular, the percentage changes in volatility between the two scenarios of $CO_2$ emissions and $CO_2$ stock increase as the green house gas reduction target is harder. When the green house gas reduction target is 60% and over, the percentage changes(absolute value) between the two scenarios exceed the percentage change(absolute value) of the $CO_2$ reduction cost between them.

• Journal of Cadastre & Land InformatiX
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• v.49 no.1
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• pp.45-63
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• 2019

Until recently, most people have invested in a traditional portfolio consisting of stocks, bonds and real estates based on the three-division method of properties in Korea. However, this study analyzed the impact of the composition of a portfolio combining representative real estate indirect investment products such as Reits and real estate funds on the investment performance. For this purpose, the empirical analysis using the mean variance model, which is the most appropriate method for the portfolio composition, was used. For variables used in this study, mixed asset portfolios were classified into Portfolio A through Portfolio G depending on the composition of assets, and the price indices selected as Kospi, Krx bond, Reits Trus Y7, Hanwha-Lasal fund, and Office (Seoul). The results are as follows; first Portfolio D, which combined bonds, stocks, Reits and Real Estate funds, and Portfolio G, which added the office, the actual real estate, were shown to have the lowest risk. second, Portfolio B composed of bonds, stocks and Reits and Portfolio D with added real estate funds had the lowest risk while Portfolio F composed of bonds, stocks, offices and real estate funds, and Portfolio G with added Reits were the most profitable. As a result, it has been analyzed that it was more effective to compose a portfolio including Reits and real estate funds, which were real estate indirect investment products that eliminated the illiquidity limitation of real estates than real estates, the traditional three-division method of properties. Therefore, it is possible to minimize the risk of investors and reduce the cost of ownership of the real estate by solving the illiquidity problem that is the biggest disadvantage of the direct investment, In addition, it is considered that it is more necessary to reinvigorate the real estate indirect investment market where small amounts can be invested.

• Journal of the Korea institute for structural maintenance and inspection
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• v.26 no.3
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• pp.11-20
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• 2022

The main purpose of this study is to investigate the applicability of the shear wave tomography technology as a non-destructive testing method to evaluate the debonding between the track concrete layer (TCL) and the hydraulically stabilized based course (HSB) of concrete slab tracks for the Korea high-speed railway system. A commercially available multi-channel shear wave measurement device (MIRA) is used to evaluate debonding defects in full-scaled mock-up test specimen that was designed and constructed according to the Rheda 200 system. A part of the mock-up specimen includes two artificial debonding defects with a length and a width of 400mm and thicknesses of 5mm and 10mm, respectively. The tomography images obtained by a MIRA on the surface of the concrete specimens are effective for visualizing the debonding defects in concrete. In this study, a simple image processing method is proposed to suppress the noisy signals reflected from the embedded items (reinforcing steel, precast sleeper, insert, etc.) in TCL, which significantly improves the readability of debonding defects in shear wave tomography images. Results show that debonding maps constructed in this study are effective for visualizing the spatial distribution and the depths of the debondiing defects in the railway concrete slab specimen.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.43 no.5
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• pp.577-585
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• 2023

Lateral torsional buckling causessafety accidentssuch as collapse accidents during erection. Therefore, anaccurate safety designshould be conducted. Lateral torsional buckling canbe prevented by reinforcing the end orreducing the unbraced length. The method ofreducing the unbraced length by installing a crossframe has high material and installation costs and low maintenance performance.In addition, structuralsafety may be deteriorated due to cracks. The end reinforcement method using Concrete Filled Half Pipe Stiffeneris a method ofreinforcing the end of a plate girder using a stiffenerin the form of a semi-circular column. This method increasesthewarping strength ofthe girder and increasesthe lateral torsional buckling strength.In thisstudy, the effect ofincreasing the warping strengthof plate girders with concrete filled half pipe stiffeners was confirmed. To verify the effect, the results ofthe designequationand the finite element analysis were compared and verified through a experiment. As a result, the plate girderwithCFHPS increased thewarping strengthand confirmed that the lateral torsional buckling strength was increased.

• Environmental and Resource Economics Review
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• v.31 no.4
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• pp.645-668
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• 2022

Hydrogen energy is emerging as an important means of carbon neutrality in the various sectors including power, transportation, storage, and industrial processes. Fuel cell power plants are the fastest spreading in the hydrogen ecosystem and are one of the key power sources among means of implementing carbon neutrality in 2050. However, high volatility in system marginal price (SMP) and renewable energy certificate (REC) prices, which affect the profits of fuel cell power plants, delay the investment timing and deployment. This study applied the real option methodology to analyze how the dual uncertainties in both SMP and REC prices affect the investment trigger price level in the irreversible investment decision of fuel cell power plants. The analysis is summarized into the following three. First, under the current Renewable Portfolio Standard (RPS), dual price uncertainties passed on to plant owners has significantly increased the investment trigger price relative to one under the deterministic price case. Second, reducing the volatility of REC price by half of the current level caused a significant drop in investment trigger prices and its investment trigger price is similar to one caused by offering one additional REC multiplier. Third, investment trigger price based on gray hydrogen and green hydrogen were analyzed along with the existing byproduct hydrogen-based fuel cells, and in the case of gray hydrogen, economic feasibility were narrowed significantly with green hydrogen when carbon costs were applied. The results of this study suggest that the current RPS system works as an obstacle to the deployment of fuel cell power plants, and policy that provides more stable revenue to plants is needed to build a more cost-effective and stable hydrogen ecosystem.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.28 no.2D
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• pp.163-170
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• 2008

According to the rules, a crash cushion is supposed to set up products that is satisfied with the standard of a performance test after performing the car crash test by road safety facilities and management guide. For development of crash cushion, performance should be estimated through the car crash test eventually. However, there is no reasonable design method which considers passenger's safety and only depend on crash test without an alternative plan. Therefore it incurs a loss materially and takes a lot. Therefore, we are asked to create a systematic design of the crash cushion. This study shows that a scientific basis of applying single degree of freedom when it designs the crash cushion after analyzing vehicle crash test data of crash cushion and also represents design of crash cushion through single degree of freedom response spectrum using calculated by crash test data on crash cushion.

• Journal of Industrial Convergence
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• v.22 no.6
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• pp.13-23
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• 2024

In this study, the optimal level of CER issuance price in the energy industry was estimated using a real options considering the uncertainty of emission price. As a result of the analysis, the break-even point for CDM projects in the energy industry registered by UNFCCC from December 2012 to the end of 2021 was 0.64-36.69 euros per ton of CO2 for each individual project. More closely, the emission permit price that reaches the break-even point when NPVw/o CER+ NPVCER ≥ 0 is estimated to be 12.10 euros on average, and the emission permit price that reaches the break-even point when NPVw/o CER + NPVCER ≥ option value is estimated to be 12.63 euros on average. Meanwhile, the option value using real options to reduce business uncertainty is about 19% at the 1-5 euro per ton level, about 11% at the 5-10 euro per ton level, and about 5% at the 10-15 euro per ton level. It was analyzed that there was an effect of increasing emissions prices due to uncertainty reduction. The results of this study may be useful to greenhouse gas reduction project entities, including investors, project operators, and companies with potential mandatory reductions.

• Electronics and Telecommunications Trends
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• v.12 no.6 s.48
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• pp.15-23
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• 1997

본 논문에서는 실존하는 물체의 3차원 모델을 만드는 방법들 중에서 물체로부터 직접 정보를 얻어내어 매우 사실적인 3차원 모델을 제작하는 기법들에 대한 현재까지의 기술들에 대해 분석해보고 앞으로의 발전 방향에 대한 전망을 해보았다. 실제 물체의 데이터를 얻어내는 방법은 크게 세가지로 나뉘며 3차원 디지타이저, 3차원 레이저 스캐너 그리고 사진을 이용하는 방법이 있다. 이러한 방법들이 기초적인 요구 사항을 만족하고 있는지와 핵심기술은 어떠한 것들인지를 분석해본다.

• The Optical Journal
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• s.119
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• pp.35-37
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• 2009

지난 수년 간 국내 광학산업은 눈부신 발전을 했다. 디지털카메라, 핸드폰카메라, 정보저장기기, 복사기와 같은 전자제품 시장의 성장, 평판디스플레이의 도약, LED 조명의 출현, 매 순간이 숨 가쁜 변화와 팽창의 연속이었다. 작년에 시작된 미국발 금융위기가 전 세계 신용경색, 실물경제 침체로 이어지면서 국내 광학산업에 먹구름이 드리워지고 위기감이 고조되고 있다. 본 원고는 해외 광학회사, 연구기관들과 협력하면서 고찰한 내용에 필자의 의견을 덧붙인 것이다. 이제는 국내회사들이 지속적으로 성장하기 위해서 세계 시장을 대상으로 '그레이트 게임'을 할 시기이다.

• Proceedings of the IEEK Conference
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• 2000.06c
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• pp.173-176
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• 2000

In this study, a new multimedia data converter is proposed. Also the PC interfacing met hod using the parallel port of is suggested. The image compression/decompression is based on the JPEG algorithm, which is widely used for an effective compression in the image processing industry. The suggested interfacing method is based on the IEEE1284 and IEEE1284.3 protocol, which is a standard in the PC's parallel port interface.