• Journal of Information Processing Systems
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• v.20 no.1
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• pp.93-104
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• 2024

China is playing more predominant role in the liquefied natural gas (LNG) market worldwide and LNG import price is subject to various factors both at home and abroad. Nevertheless, previous studies rarely heed a multiple of factors. A time-varying parameter factor augmented vector auto-regression (TVP-FAVAR) model is adopted to discover the determinants of China's LNG import price and their dynamic impacts from January 2012 to December 2021. According to the findings, market fundamentals have a greater impact on the import price of natural gas in China than overall economic demand, financial considerations, and world oil prices. The primary determinants include domestic gas consumption, consumer confidence and other demand-side information. Then, there are diverse and time-varying spillover effects of the four common determinants on the volatility of China's LNG import price at different intervals and time nodes. The price volatility is more sensitive and long-lasting to domestic natural gas pricing reform than other negative shocks such as the Sino-US trade war and the COVID-19 pandemic. The results in this study further proves the importance of domestic natural gas market liberalization. China ought to do more to support the further marketization of natural gas prices while working harder to guarantee natural gas supplies.

• The Transactions of the Korean Institute of Electrical Engineers P
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• v.63 no.1
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• pp.40-45
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• 2014

This study examines the system and process of battery stored energy in vehicles and suggest the effective area for the use of V2G(vehicle-to-grid) from Jeju Smart Grid Demonstration Project. V2G means technology of electric power transmission from the battery of electric-drive vehicles to state grid. As for the increasing of effectiveness for demand-side control, V2G is a very good alternative. In the U.S., the utilization of electric vehicles is under 40% on average. In this case, we can use he battery of electric vehicle as role of frequency regulation or generator of demand-side resource. V2G, which is the element of Smart Transportation, consists of electric vehicle battery, BMS(battery management system), OBC(on-board charger), charging infrastructure, NOC(network operating center) and TOC(total operation center). V2G application has been tested for frequency regulation to secure the economical efficiency in the United States. In this case, the battery cycle life is not verified its disadvantage. On the other hand, Demand Response is required by low c-rate of battery in electric vehicle and It can be small impact on the battery cycle life. This paper concludes business area of demand response is more useful than frequency regulation in V2G application of electric vehicles in Korea. This provides the opportunity to create a new business for power grid administrator with VPP(virtual power plant).

• Korean Management Science Review
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• v.17 no.1
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• pp.117-134
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• 2000

Pubilc utility industries including the electric utility industry are facing a new stream of privatization com-petition with the private sector and deregulation. The necewssity to solve now and in the future power supply and demand problems has been increasing through the sophisticated generation expansion plan(GEP) approach con-sidering not only KEPCo's supply-side resources but also outside resources such as non-utility generation(NUG) demand-side management (DSM). Under the environmental situation in the current electric utility industry a new approach is needed to acquire multiple resources competitively. This study presents the development of a modified electric generation expansion analysis system(EGEAS) model with avoided cost based on the existing EGEAS model which is a dynamic program to develope an optimal generation expansion plan for the electric utility. We are trying to find optimal GEP in Korea's case using our modified model and observe the difference for the level of reliabilities such as the reserve margin(RM) loss of load probability(LOLP) and expected unserved energy percent(EUEP) between the existing EGEAS model and our model. In addition we are trying to calculate avoided cost for NUG resources which is a criterion to evaluate herem and test possibility of connection calculation of avoided cost with GEP implementation using our modified model. The results of our case study are as follows. First we were able to find that the generation expansion plan and reliability measures were largely influenced by capacity size and loading status of NUG resources, Second we were able to find that avoided cost which are criteria to evaluate NUG resources could be calculated by using our modified EGEAS model with avoided cost. We also note that avoided costs were calculated by our model in connection with generation expansion plans.

• Asia-Pacific Journal of Business
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• v.9 no.4
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• pp.49-65
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• 2018

This paper illustrates the competition between the mobile pay and credit card systems by utilizing the theory of two-sided markets. Two firms, as platforms, maximize the profit collecting fees from consumers on one side and from retailers on the other side. Consumers pay to buy goods and services with mobile pay, credit card, or cash. The basic model is one that each platform maximizes its profit. We show that the fees for credit card holders and retailers are higher than the respective costs. The fee for retailers of the mobile payment is higher than its cost, while the buyer's fee may be higher or lower than its cost. Applied model is the one that employs the delegation game model. The total profit of the mobile pay system is composed of its profit and the weighted demand for the mobile pay. It is shown that buyers' fee under the applied model is lower than that under the basic model, resulting in an increase of the demand for the mobile pay. The fee for the retailers rises, albeit the sum of fees for the buyers and retailers falls. The profit for the mobile pay system is increased, while that for the credit card company stays the same.

• Asia pacific journal of information systems
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• v.20 no.1
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• pp.1-31
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• 2010

One of the prominent challenges of e-government identified in developing countries is low level of ICT literacy and skills of e-government users. For those countries at the nascent stage of e-government development, it is crucial to identify and provide e-skills needed from the demand side. However, prior research has mostly focused on the supply side of e-skills, ignoring the consumption side of e-skills. In addition, no user centric approach for e-skills identification and development for e-service consumption, with respect to the stages of e-government development, have been proposed and validated. The purpose of this article is thus to: 1) Identify skills required for e-services utilization by all participants-citizens, public, and private sector employees-involved in G2C, G2B, and G2E e-government relationships respectively; assuming they are consumers of e-government and to 2) Propose and validate an user-centric approach for e-skills identification and development based on stages of e-government utilizing the Delphi method. As a result of the study, a comprehensive list of e-skills (N = 81) was generated. We found that e-skills required for e-service consumption are not merely technical; they include a wide variety of related skills that can be applied to enhancing e-skills. Therefore, the findings can serve as a standard curriculum for training and educating both citizens and government employees in developing countries. Moreover, the findings of this research may also facilitate international organizations in indentifying and measuring citizens' readiness for e-government in terms of e-skills.

• Proceedings of the Korea Society for Energy Engineering kosee Conference
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• 1998.05a
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• pp.179-184
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• 1998

'90년대 이후 전기에너지의 효율적 이용에 따른 절약과 전력사용패턴의 개선을 목적으로 하는 수요관리 즉 DSM(Demand Side Management)의 중요성이 증대되고 있다. 하지만 전기소비량의 약 60%를 차지하는 산업용에 대해서는 전동기 보급율 조사, 냉방수요 행태 조사 및 조명기기 보급실태 조사와 같이 단일기기나 온도에 대한 조사 및 분석만이 이루어져 왔으며, 산업용 전체를 대상으로 업종별 End-Use별 사용실태 조사, 분석, 예측 등 체계적 분석이 이루어지지 않았다. (중략)

• Proceedings of the KIEE Conference
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• 2008.11a
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• pp.200-202
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• 2008

본 논문에서는 국내에서 시행중인 전력수요관리사업의 현황을 분석하고 수요관리사업의 보급실적 통계를 구축하는 필요성과 구축 결과를 정리하였다. 일반적인 전력분야 통계와 구분되는 수요관리 분야 통계의 특성을 분석하였으며, 이러한 특성을 효율적으로 반영할 수 있는 수요관리보급통계 지표를 개발하였다. 또한 본연구를 통해 개발한 수요관리보급 통계집은 수요관리평가 웹페이지를 통해 보급하여 사용자의 편의성을 도모하였다.

• Proceedings of the KIEE Conference
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• 2006.07a
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• pp.376-377
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• 2006

고효율변압기란 철심소재를 비정질 자성재료(아몰퍼스 메탈)나 방향성 규소강판 등을 사용하여 무부하 손실(철손)을 기존 변압기에 비해 약 70% 줄인 절전형 변압기를 말한다. 이러한 고효율변압기 및 고효율변압기 보급지원제도에 대하여 소개하고, 고효율변압기 보급활성화 방안을 찾고자 한다.

• IE interfaces
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• v.11 no.1
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• pp.207-214
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• 1998

Since the natural gas air-conditioning not only increases the base load of the gas company but also decreases the summer peak load of the electricity company, it is considerded as an efficient demand-side management program. This paper suggests the economic evaluation method of the gas air-conditioning program from the perspectives of the participants, the pipeline gas company, the local distribution company, the electricity company, and the total resources. The absorption type gas air-conditioning/space-heating is selected as a case study to illustrate the economic analysis of the natural gas air-conditioning.

• Proceedings of the Korea Technology Innovation Society Conference
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• 2000.11a
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• pp.177-193
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• 2000

In foreign countries, high-efficiency electric machineries have been developed in view of cost reduction, environmental issues, energy conservation etc. Especially they focus on developing energy conservation measures and demand-side management. Thus, patent application and secure of patent claims are on the rise as important issues in this field. In this paper, we analyzed patent application trends about inverters, ac/dc converters, reactive power control equipments, high-efficiency transformers and electric ballasts among high-efficiency electric machineries. First, we analyzed general technology trends, and constructed patent technology data. Second, we graphed patent application trends in terms of application years, assignees and nations.