• Title/Summary/Keyword: Alternative Economics

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Analysis on the Trend of the Utilization of Woody Biomass - Production, supply, and practical use of woody biomass - (목질 바이오매스의 활용에 대한 동향 분석 - 목질 바이오매스의 생산·공급, 그리고 활용을 중심으로 -)

  • Ahn, Byeong-Il;Kim, Chul-Hwan;Lee, Ji-Young;Shim, Sung-Woong;Jo, Hu-Seung;Lee, Gyeong-Sun;Lee, Jee-Young
    • Journal of Korea Technical Association of The Pulp and Paper Industry
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    • v.44 no.4
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    • pp.32-42
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    • 2012
  • Wood biomass including forest residues, waste wood, and construction residuals has been widely generated in Korea, but forest biomass from the National Forest Management Operation Project plays a big role in generating wood biomass. Unfortunately the promotion policy of woody energy organized by the Forest Service in Korea concentrates more on demand creation rather than on supply expansion. Therefore, in order to utilize insufficient wood resources effectively, it is greatly required to develop uses for maximizing their added value. In particular, more attention to the use of the second generation biomass has been paid in foreign countries because there is a threshold that the first generation biomass cannot produce enough biofuel without threatening food supplies and biodiversity. In Korea, wood pellets are regarded as the alternative clean fuels to oils and coals that emit green house gases into the atmosphere. However, using wood as pellet raw materials can not be an economic way because the value of wood disappears right after burning in the boiler in spite of its contribution to the decrease of carbon emission. Differently from wood pellets, kraft pulping process using woody biomass produces black liquor as a by-product which can be used to generate electricity, bioenergy and biochemicals through gasification. Thus, it can be more economical to make a torrefaction of lignocellulosic biomass such as low-quality wood and agricultural leftovers as raw materials of pellets.

Research on Relationship between Urbanization and Energy Consumption (중국의 도시화와 에너지 소비 관계에 대한 연구)

  • Won, Doohwan;Jung, Sukwan
    • Journal of International Area Studies (JIAS)
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    • v.22 no.1
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    • pp.91-112
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    • 2018
  • This study examined the dynamic relationship between urbanization and energy consumption in China. As an alternative to the conventional method of having the same integration of time series and large samples, ARDL method and Toda-Yamamoto causality analysis were applied. As a result, urbanization income, income, and energy consumption have a long-term stable equilibrium. Urbanization and income have a positive effect on energy consumption in the long run, but short-term changes of urbanization and income have no significant effect on energy consumption changes. The adjusted coefficient was -0.2395, which was statistically significant. In the causality test, income and energy consumption are useful to predict each other, but urbanization is exogenous because there are no causality with other variables. Since the process of urbanization in China has been proceeding slowly and deliberately by the government, it can be seen that the long-term effects of urbanization are clear and exogenous.

Effects of District Energy Supply by Combined Heat and Power Plant on Greenhouse Gas Emission Mitigation (열병합발전을 이용한 집단에너지사업의 온실가스 감축효과)

  • Shin, Kyoung-A;Dong, Jong-In;Kang, Jae-Sung;Im, Yong-Hoon;Kim, Da-Hye
    • Journal of Climate Change Research
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    • v.8 no.3
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    • pp.213-220
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    • 2017
  • The purpose of this study is to analyze effects of Greenhouse Gas (GHG) emission reduction in district energy business mainly based on Combined Heat and Power (CHP) plants. Firstly this paper compares the actual carbon intensity of power production between conventional power plants and district energy plants. To allocate the GHG from CHP plants, two of different methods which were Alternative Generation Method and Power Bonus Method, have been investigated. The carbon intensity of power production in district energy plants ($0.43tonCO_2e/MWh$) was relatively lower than conventional gas-fired power plants ($0.52tonCO_2e/MWh$). Secondly we assessed the cost effectiveness of reduction by district energy sector compared to the other means using TIMES model method. We find that GHG marginal abatement cost of 'expand CHP' scenario (-$134/ton$CO_2$) is even below than renewable energy scenario such as photovoltaic power generation ($87/ton$CO_2$). Finally the GHG emission reduction potential was reviewed on the projected GHG emission emitted when the same amount of energy produced in combination of conventional power plants and individual boilers as substitution of district energy. It showed there were 10.1~41.8% of GHG emission reduction potential in district energy compared to the combination of conventional power plants and individual boilers.

A Economic Feasibility Study on Environmental Ecology Flow Supply Plan using Agricultural Reservoir - Focused on Dongbok River - (농업용저수지를 이용한 환경생태유량 확보방안 경제성 비교 연구 - 동복천을 중심으로 -)

  • Park, Jin-hyeon;Ko, Jae han;Sung, Mu-hong;Jung, Hyoung-mo;Park, Tae-sun;Kwak, Yeong Cheol;Choi, Woo-young;Boem, Jina;Jeung, Minhyuk;Yoo, Seung-hwan;Yoon, Kwang-sik
    • Journal of The Korean Society of Agricultural Engineers
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    • v.61 no.5
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    • pp.33-47
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    • 2019
  • The environmental ecological flow (EEF) of stream or river will be designated according to the enforcement of the Water Environment Preservation Act. Previous researches by Ministry of Environment have proposed agricultural reservoirs as alternative resources to secure river flow where multi-purpose dam does not exist. However, agricultural reservoirs are constructed for the supply of agricultural water, and in fact, there is not a sufficient amount of water to be supplied to rivers as EEF. Therefore, this study examines the economic feasibility of securing EEF through the remodeling or construction of agricultural reservoirs. We investigated water balance of reservoir through simulation of three types of water supply demands such as agricultural water, agricultural water and river maintenance flow, and agricultural water and environmental ecology flow. The economics analysis was conducted on water supply demands and corresponding remodeling or construction of reservoirs. As a result, it was found that the method of securing through heightening existing reservoir enhancement is economically feasible. However, it was not possible to secure all the amount of the EEF due to the size limitation of existing reservoirs or constrain of the watershed for newly built reservoir. Therefore, in order to secure all of the EEF, the utilization of other alternatives as well as agricultural reservoirs should be considered. This study demonstrated the method of economical feasibility study of securing river maintenace flow and EEF using agricultural reservoirs and other considerations.

An Exploratory Study on Purchase Decision Making Process and Clothing Shopping Orientation of Fashion Products Rental Service Users (패션제품 대여 서비스 이용자의 구매의사결정과정과 의복 쇼핑성향에 관한 탐색적 연구)

  • Lee, Ji-Yoon;Shin, Eun-Jung;Koh, Ae-Ran
    • Human Ecology Research
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    • v.56 no.6
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    • pp.555-571
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    • 2018
  • This study identified the characteristics of fashion rental service users as well as analyzed their purchase decision-making processes. A qualitative investigation was conducted through in-depth interviews with 13 women in their 20s-30s who have experienced renting fashion items due to a high interest in fashion. The results of the study are summarized as follows. The need recognition stage analyzed ventilation by mass media, SNS impact, curiosity, saving shopping time and money, awareness of situational necessity, and creation of various styles. The information search stage analyzed how users obtained information from 2 different sources of nonmarketer-dominated sources and marketer-dominated sources. The pre-purchase stage analyzed the evaluation of alternatives in which study participants used 2 evaluation criteria for fashion rental services and fashion rental items. The purchase stage analyzed how participants wait and select desired items (when receiving the notification of rentable items) or select alternative products. The consumption stage examined the usage frequency and usage method. The study divided the post-consumption evaluation stage into 2 categories for evaluation: personal feelings and service. The post-consumption behavior stage analyzed how participants displayed WOM, eWOM and purchase rental product behavior. Clothing shopping orientation of study participants is displayed in 5 dimensions of brand-seeking propensity, individuality-seeking propensity, economic efficiency-seeking propensity, rationality-seeking propensity, and pleasure-seeking propensity. This study identified three main characteristics in the study participants: interest in the fashion, favorable attitude toward used fashion items, consciousness of others.

Empirical Analysis on Labor Market Slackness and Monetary Policy Implications in Korea (우리나라 노동시장의 유휴생산능력 추정 및 통화정책에 대한 시사점 분석)

  • Kim, Tae Bong;Lee, Hangyu
    • Journal of Labour Economics
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    • v.43 no.4
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    • pp.1-34
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    • 2020
  • After the global financial crisis, doubts have been raised about the usefulness of traditional unemployment rate for the labor market slackness, hence, this study provides alternative indicators that can help estimate the labor market slackness in Korea, and investigates the degree of biasness of traditional indices of Korean labor market. In particular, this study intends to focus on the possibility of employing the labor underutilization index officially announced by Statistics Korea (KOSIS) from 2015. To do this, we first define the labor underutilization indices from 2003 to 2014 by applying current definitions of labor underutilization indices retrospectively to these periods. Based on these indices, the empirical analysis shows that the employment gap using labor underutilization indices is highly correlated with total output gap, and has significantly improved the performance of forecasting inflation rate compared to other labor market slackness indicators.

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A Study on the Economic and Social Benefits of the Microgrid Business Model in Island Areas : Consumer's Community Solar Participation in Development (도서지역 마이크로그리드 사업모델의 경제적, 사회적 편익에 관한 연구: 수요자의 태양광 에너지 공동체를 중심으로)

  • Lee, SangHee;Lee, Hae-Seok;Kim, Kyung Nam
    • Current Photovoltaic Research
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    • v.9 no.2
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    • pp.59-73
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    • 2021
  • The purpose of this study is to develop a business model that efficiently converts diesel power generation systems to renewable energy microgrids (MG) in large-scale islands. Most of the previous studies on the conversion of renewable energy MG in islands had limitations dealing with efficiency from the perspective of suppliers. However, the microgrid has the characteristic of getting benefits through the interaction between the consumer and the supplier. In addition, the efficient MG business model from the perspective of new institutional economics is a structure in which consumers and suppliers jointly participate. Therefore, this study assumed that the MG business model in which the supplier's MG and the consumer's community solar participated would benefit all participants, and verified the assumptions using domestic island data. In terms of supplier investment, the cost of power supply (LCOE) of assumed model was calculated to be 14.0% lower than that of the diesel model and 3.7% lower than that of the supplier-only MG model. From the perspective of consumer investment, electricity bills are expected to be reduced by more than 200,000 won per household per year through self-generation of solar power. Social benefits are expected to reduce external environmental costs. The CO2 emissions of the assumed model were calculated to be 39.5% lower than the diesel model and 1.5% lower than the supplier-only MG model. Therefore, the MG business model with consumer participation proposed in this study is expected to be an efficient alternative to renewable energy MG conversion in domestic islands, and is meaningful as an energy plan that improves the benefits of local residents.

A Study of Corporate CSR Effects on Corporate Crisis Management

  • LEE, Jae-Min;QUAN, Zhixuan
    • The Journal of Economics, Marketing and Management
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    • v.8 no.2
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    • pp.13-17
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    • 2020
  • Purpose: In modern corporate management, the establishment of a crisis management system that minimizes damage through measures used to respond to corporate crises is no longer an option. The importance of corporate reputation and brand asset management in modern enterprise management cannot be overemphasized and negative events that might arise from a number of different causes can cause brand crises. Research design, data and methodology: More than half of the questionnaire respondents were female (252 or 53%). More than a fourth of the respondents were aged 20 (122 or 26%) and the number of married participants was 196 (41%). Of the participants, 32% (153) had graduated from college. Only 18% (87) were employees and the monthly household income was 121. In this study, we conducted factor analysis in order to extract the variables that may enhance the explanation capability of each variable. For the method of factor extraction, an Eigen value of at least 1 was used as was factor loading. An analysis was performed using the Cronbach's alpha coefficient to verify the reliability of the measurement scale. Results: First, the analysis of the impact of the social responsibility activities on brand image revealed that the social, economic, philanthropic, ethical, and environmental responsibility activities significantly affected brand image, but legal responsibility activities were not statistically significant. Second, the analysis of the impact of brand image on loyalty showed that brand image had a significant impact on loyalty. Third, the analysis of the impact of social responsibility activities on loyalty showed that they had a significant impact on loyalty. Conclusions: The pro-social enterprise image is not only a brand asset that can be shared, but also a heavy proposition followed by a corresponding social responsibility, it will have to practice transparent corporate management based on clear principles through the establishment of various systems and the implementation of a strict code of conduct within the enterprise.

Effect of dietary supplementation of garlic powder and phenyl acetic acid on productive performance, blood haematology, immunity and antioxidant status of broiler chickens

  • Ismail, I.E.;Alagawany, M.;Taha, A.E.;Puvaca, N.;Laudadio, V.;Tufarelli, V.
    • Animal Bioscience
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    • v.34 no.3_spc
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    • pp.363-370
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    • 2021
  • Objective: The effect of garlic powder (GP) and phenyl acetic (PA) acid throughout the fattening period of broiler chickens on performance, blood parameters, immune, and antioxidant parameters as well as carcass traits was evaluated. Methods: A total of 210 day-old Cobb broiler chicks were randomly distributed into seven dietary treatments having five replications with six chicks per replicate. The first group (control) fed a basal diet without supplements, whereas the 2nd, 3rd, and 4th group were fed basal diet plus 0.25, 0.50, and 0.75 g GP/kg diet, respectively and the group 5th, 6th, and 7th were fed on the basal diet plus 0.25, 0.50, and 0.75 g PA/kg diet. Results: Broiler body weight and gain at 21 and 42 days were increased (p<0.05) with diets supplemented with GP and PA. Red blood cells and hemoglobin were improved in chickens fed diets enriched with GP. Broiler chickens received diets containing either GP or PA recorded the higher values (p<0.05) of total protein, globulin, high-density lipoprotein, immunoglobulin M (IgM), and IgG, superoxide dismutase and total antioxidant capacity; while, blood total cholesterol, low-density lipoprotein, aspartate-aminotransferase, and malondialdehyde were lowered (p<0.05) compared to control-diet. Liver and immune-related organs weight were improved (p<0.05) in broilers fed diet supplemented with GP and PA. Conclusion: Feeding of GP or PA in diet had positive effects on performance traits and immunological, antioxidant and physiological status of broilers. Thus, the use of tested feed additives as an eco-friendly alternative to antibiotics produced a positive effect on animal health.

A Study on Particulate Matter Reduction Effects of Vegetation Bio-Filters by Airflow Volume (공조풍량별 식생바이오필터의 입자상 오염물질 저감효과 연구)

  • Choi, Boo Hun;Kim, Tae Han
    • Journal of the Semiconductor & Display Technology
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    • v.20 no.4
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    • pp.89-95
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    • 2021
  • As the influence of fine dust on society spreads gradually, the public's interest in indoor air is increasingly rising. Air-purifying plants are drawing keen attention due to their natural purifying function enabled by plant physiology. However, as their fine dust reduction mechanism is limited to adsorption only, vegetation bio-filters that optimize purification effects through integration with air-conditioning systems is rising as an alternative. In accordance with the relevant standard test methods, this study looked into the fine dust reduction assessment method by air-conditioning airflow volume that can be used for the industrial spread of vegetation bio-filters. In the case of PM10 at 300 ㎍/m3, it was in the order of EG-B(3,500CMH, 29 min.) < EG-A (2,500CMH, 37 min.) < CG(0CMH, 64 min.) for reaching the maintenance level (100 ㎍/m3) of publicly used facilities. For reaching the WHO Guideline(50 ㎍/m3) requirement, it was in the order of EG-B (51 min.) < EG-A (160 min.) < CG (170 min.). In the case of PM2.5, it was in the order of EG-B (26 min.) < EG-A (33 min.) < CG (57 min.) for reaching the maintenance level (50 ㎍/m3) of publicly used facilities. It was in the order of EG-B (48 min) < EG-A (140 min) < CG (158 min) for reaching the WHO Guideline (25 ㎍/m3) requirement. The findings from the analysis showed that fine dust can be reduced most efficiently when the system is operated at 3,500CMH level. The limitation of this study is that due to the absence of a way of assessing the stress of plants in vegetation bio-filters, generating optimal air-conditioning air flow of the relevant system and economics analysis against the existing facility-type air purification system have been clarified, which should be explored further though follow-up studies.