• Environmental and Resource Economics Review
• /
• v.11 no.4
• /
• pp.557-579
• /
• 2002

In recent days, it has been significantly suggested that the promotion of sustainable forest management will play an important role in ameliorating atmospheric carbon. In this respect, we intend to investigate the dynamic impact of the global timber market on carbon flux of forest through net carbon release into the atmosphere. For this purpose, we integrated the TSM 2000 with TCM to simulate the projection of net carbon release of the global timber market over 90 years, starting 1995. As a result, we identified that the global timber market increases the carbon dioxide concentration about l.9% over next 90 years; hence results in a positive effect on global warming. For sensitivity analysis, we performed these procedures under three different timber demand growth scenarios.

• Transactions of the Korean hydrogen and new energy society
• /
• v.21 no.3
• /
• pp.241-247
• /
• 2010

An Energy Efficiency Resource Standards (EERS) is a simple, market-based mechanism to encourage more efficient generation, transmission, and use of electricity, natural gas and heat. An EERS consists of electric, gas and/or heating energy savings targets for utilities, often with flexibility to achieve the target through a market-based trading system. In this paper, we make persons acquainted with EERS programs of foreign countries in these days. And we analyze domestic energy demand side management (DSM) programs in order to introduce an EERS program into the country successfully. Energy efficiency potential calculated in 2007 is one of the important factors for establishing an EERS program domestically. This study may provide basic data to set the amount of energy saving when an EERS program would be phased in.

• The Journal of Industrial Distribution & Business
• /
• v.5 no.2
• /
• pp.29-35
• /
• 2014

Purpose - The study aimed to evaluate the market opportunities and constraints confronting resource-poor pig farmers in South Africa. Research design, data, and methodology - Information was collected from 292 households in three municipalities through interviews with key informants. The data collected included socio-economic characteristics, major market channels, prices for different pig classes, average weight of the pigs on sale, number of pigs sold annually, and preferred meat quality attributes. Results - In Ngqushwa, 96% of respondents sold pigs as compared to Elundini (81%) and Ntabankulu (65%). Less resource-poor households and those with market-oriented production had large herdsizes (P < 0.05) when compared to more resource-poor farmers. The probability of selling pigs was high for the backyard production system and educated farmers. For all farmers, opportunities included high pork demand, good prices, employment creation, and a niche market for organically produced indigenous pork. Constraints include disease, feed shortages for large herds, distances to formal markets, lack of training, and drugs. Conclusions - Constraints outnumbered opportunities for the resource-poor pig farmers.

• Asian Journal of Business Environment
• /
• v.11 no.4
• /
• pp.31-38
• /
• 2021

Purpose: This paper uses the resource-dependency theory to present the case of the Pakistan sugar industry to highlight how the industry uses a strategic alliance to gain a powerful bargaining position over its critical dependencies. The case of the Pakistan sugar industry is well-known and it is common knowledge that the alliance or the cartel within it is responsible for frequent price hikes and sugar supply shortages in the country. Research design, data and methodology: We use a case study, qualitative document analysis design to trace how the alliance overcomes its various dependencies, and in doing so, how does it harm various stakeholder interests. Results: This paper finds that the sugar industry alliance maintains its bargaining power by manipulating sugar supply through horizontal alliances, political affiliations, underselling and under-reporting sugar stocks, purchasing sugarcane from the black market, and by gaining billions of rupees in export subsidies by hoarding stock and using its political connections. Conclusion: The paper concludes by providing a summary of the measures which the government has taken to curb this anticompetitive conduct; the most important of which is the removal of protectionist measures for sugar trade and allowing market forces to control the demand and supply of sugar in the local market.

• Proceedings of the KIEE Conference
• /
• 2005.07a
• /
• pp.751-753
• /
• 2005

In this raper, Economic value of reserve margin i.i presented by opportunity cost for Korean power system, and the level of compensation for spinning reserve that is necessary to operate power system stably is proposed. The generator that is giving up for opportunity to participate in energy market must take opportunity cost. it is relative to not only whole demand level but also marginal cost of each resource. In this paper, assume that all resource in Korea is equivalent to six generator for simulation. and we evaluate value of reserve in the time of high demand and low demand. Also we propose the way to improve a evaluation method by examine relationship between capacity payment and value of reserve.

• The Transactions of the Korean Institute of Electrical Engineers A
• /
• v.49 no.6
• /
• pp.266-271
• /
• 2000

The electric power industries are moving from the conventional monopolistic or vertically integrated environments to deregulated and competitive environments, where each participant is concerned with profit maximization rather than system-wide costs minimization. Consequently, the conventional least-cost approaches for the generation resource schedule can not exactly handle real-world situations. This paper presents a game theory application for analyzing power transactions and market design in a deregulated energy marketplace, where the market participants determine the net profits through the optimal bidding strategies. The demand elasticity of the energy price is considered for the realistic modeling of the deregulated marketplace.

• Environmental and Resource Economics Review
• /
• v.24 no.1
• /
• pp.225-249
• /
• 2015

There are growing interests in the introduction of consumer's selective electricity tariff systems in order to enhance demand response in electricity market in Korea. Real time pricing (RTP) and Time of Use (TOU) are typical examples of demand response system through which electricity price is linked to real time demand. This paper adopts an agent-based model to analyze the effects of such demand system on the counsumers' electricity costs. The result shows that real time pricing system is effective to reduce electricity costs of consumers by providing more flexible tariff system, depending on each consumer's demand pattern. This finding could be used as a basis for supporting smart grid system in the presence of responsive demand environment.

• Korean Journal of Organic Agriculture
• /
• v.19 no.4
• /
• pp.463-474
• /
• 2011

The objectives of this study were to establish of resource cycling agricultural system focused on farmer's organization. Case is selected as the farming corporation for the regional agriculture considering the amount of sowing by-products and livestock by-products generated. As a result, generation of fertilizer ingredient depend on feces and urine of Korean native cattle is estimated nitrogen 7.7 ton, phosphoric acid 2.9 ton, and potassium 4.9 ton. On the other hand, generation of fertilizer ingredient demand in cultivated acreage is estimated nitrogen 42.4 ton, phosphoric acid 14.3 ton, and potassium 17.0 ton. Therefore, optimum livestock numbers is estimated 1,867 cattle and it means 1,468 cattle can be raise additionally. In order to complete the resource cycling agricultural system, it should be establish nutrient management system at all of organization level and achieve improvements in regional resource supply. Both economic value of organic fertilizer and the resource cycling system linked market system is considered to develop resource cycling level.

• Proceedings of the KIEE Conference
• /
• 2008.11a
• /
• pp.80-82
• /
• 2008

'08년도에 전력거래소는 에너지관리공단의 직접부하제어 설비와 고객을 인수하여 지원금입찰제에 의한 수요관리사업, 즉 수요자원시장을 구축하여 운영하였다. 곁 논문에서는 수요자원시장의 기본개념을 설명하고, 08년도 하계 수요자원시장외 운영결과와 개선방향에 대해 언급하고자 한다.

• Environmental and Resource Economics Review
• /
• v.17 no.1
• /
• pp.23-49
• /
• 2008

In this paper, we estimate whether changes in the economic environment a firm operates in affects technical efficiency. Since efficiency gains can manifest themselves in a variety of ways, we estimate for efficiency gains on annual generating plants input demand for expenses and fuel use. We find that generating plants reduced their workers and costs respectively by 6.8% in 1999 and 37.9% in 2001. However, they didn't show any systematic caloric consumption changes facing various economic environmental shocks. These results suggest that restructuring brought efficiency gains by replacing regulated monopoly with a more competitive firms in the context of the Korean electricity market.