• Title/Summary/Keyword: Energy trading

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Review on Integration of Smart Grid into Smart City (스마트 그리드(스마트 에너지)의 스마트 시티에의 통합에 대한 문헌 연구)

  • Sim, Min Kyu
    • The Journal of Society for e-Business Studies
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    • v.25 no.1
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    • pp.35-43
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    • 2020
  • Smart grid aims to achieve efficient energy-related operations. Smart grid will become a central component of Smart city that aims to improve citizens' quality of life. This paper validates that smart grid at matured state is the state where smart grid is naturally integrated into smart grid. Also, this paper describes smart grid as an essential element of smart city. This paper discusses necessary social infrastructure and investigates necessary technological features.

An Analysis of Livestock Manure Management Cost and Economical Efficiency by applying CDM (축산분뇨 처리비용 및 CDM 사업 적용시의 경제성 분석)

  • Yoon, Sung-Yee;Lee, Jung-Min;Hwang, Jae-Hyun
    • Korean Journal of Organic Agriculture
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    • v.15 no.4
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    • pp.377-398
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    • 2007
  • The objectives of this thesis were to search for effective methods of the livestock manure management through analysis of the livestock manure management cost and prepare for cuts in greenhouse gases emission by applying CDM in the fields of livestock in 2013. In the situation where most farmhouses are disposing the pig manure by ocean disposal, it is urgent to make an alternative plan since ocean disposal will be prohibited from 2012. Biogasplant is being highlighted from the point that can produce heat and electricity by using methane generated when the manure is disposed, and that can produce barnyard manure and liquid manure. As biogasplant generates energy using methane, it will contribute to decreasing global warming with the effect of greenhouse gases reduction, and trading emission reductions through CDM will result in creating revenue.

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Asynchronous Decentralized Optimization Method for Coordinating Electricity Markets (비동기분산처리 방식을 이용한 연계전력시장청산)

  • Moon, Guk-Hyun;Huang, Anni;Joo, Sung-Kwan;Wi, Young-Min;Song, Kyung-Bin
    • Proceedings of the KIEE Conference
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    • 2007.07a
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    • pp.832-833
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    • 2007
  • This paper presents an asynchronous decentralized optimization method to coordinate energy trading between electricity markets. The proposed method decomposes the market optimization problem of interconnected electricity markets into individual market optimization problems. The decomposed problem is solved by using the Interior Point/Cutting Plane (IP/CP) method with asynchronous communication model. A numerical example is presented to validate the effectiveness of the proposed method.

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A Study on the History of Environmental Policy in South Korea

  • WOO, Hyein
    • Journal of Koreanology Reviews
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    • v.1 no.2
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    • pp.11-18
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    • 2022
  • International negotiation and cooperation for sustainable development currently emphasize three themes on which environmental policies are developed. South Korea emphasizes two of the three themes; climate change and the 2030 Agenda for Sustainable Development. South Korea has taken a leadership role in the international arena regarding these topics, actively participating in the United Nations Framework Convention on Climate Change (UNFCCC) and the negotiations for the 2030 Agenda (Jung, 2018). South Korea has taken a number of steps to address climate change, both domestically and internationally. Domestically, it has implemented several policies and methods to lessen GHG emissions and transition to a low-carbon economy. It has implemented an Emissions Trading Scheme, the largest in the world, a renewable energy portfolio standard, and aimed at accomplishing carbon neutrality by 2050. South Korea is also actively involved in executing the Sustainable Development Goals (SDGs) and has established a national committee to ensure their successful implementation. The group is made up of representatives from the private sector, government ministries, and civil society organizations. It is focused on monitoring the progress of the SDGs and providing policy and financial support for their implementation.

Energy Big Data Pre-processing System for Energy New Industries (에너지신산업을 위한 에너지 빅데이터 전처리 시스템)

  • Yang, Soo-Young;Kim, Yo-Han;Kim, Sang-Hyun;Kim, Won-Jung
    • The Journal of the Korea institute of electronic communication sciences
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    • v.16 no.5
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    • pp.851-858
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    • 2021
  • Due to the increase in renewable energy and distributed resources, not only traditional data but also various energy-related data are being generated in the new energy industry. In other words, there are various renewable energy facilities and power generation data, system operation data, metering and rate-related data, as well as weather and energy efficiency data necessary for new services and analysis. Energy big data processing technology can systematically analyze and diagnose data generated in the first half of the power production and consumption infrastructure, including distributed resources, systems, and AMI. Through this, it will be a technology that supports the creation of new businesses in convergence between the ICT industry and the energy industry. To this end, research on the data analysis system, such as itemized characteristic analysis of the collected data, correlation sampling, categorization of each feature, and element definition, is needed. In addition, research on data purification technology for data loss and abnormal state processing should be conducted. In addition, it is necessary to develop and structure NIFI, Spark, and HDFS systems so that energy data can be stored and managed in real time. In this study, the overall energy data processing technology and system for various power transactions as described above were proposed.

A Study on the Sustainable Fashion Design by Organic Cotton (오가닉 코튼[Organic Cotton]을 이용한 지속가능한 패션디자인)

  • Kim, Soo-Hyun;Lee, Jae-Jung;Chung, Hyun-Sook
    • Journal of the Korean Society of Costume
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    • v.57 no.2 s.111
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    • pp.115-131
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    • 2007
  • By the turn of the century, our society has been gradually more interested in environmental problems than any other time. Ecological change spurred by industrial pollution is occurring beyond the borders of nations, and has emerged as a global issue. Such change is resulting in exhaustion of natural resources and energy, and serious climatic change. In this study, main focus regarding the process of the fashion product design system was placed on the sustainable fashion design of organic cotton as a positive and alternative suggestion. It is expected that the results of this study contribute to the fashion design planning not only for future generation but also for the present time. This study researched on brands that produced their fashion products using organic cotton. The following cases proved to possess sustainability in their product system. The results of this study can be summarized as follows: Firstly, sustainable design in organic cotton products has been a progressive ere-design in 2000s. It is mainly focus concerned with recycling and re-use of materials to protect environment. It is not chemical dependant and takes a particular care in eliminating waste water and energy in the dyeing process. It is an environmentally sustainable design better than all the other design processes. Secondly, it is a design that cares for the common good of society and the global system of fair trading. The fair trading of organic cotton products induced a change in the structure of production system, while defending human rights. It also gave benefits by promoting development in local society and progress in traditional skills. Not to mention that it contributed to building up the concept of transparency in the global economic system. Lastly, the brands emphasize their social responsibility and management ethics to observe environmental policy which is established to protect our nature and people. Their public information reminds customers of the importance of protecting the environment from diverse pollution. Moreover, they hold social events to promote public awareness for environmental Issues. This study dealt only with the organic cotton, a small subset of the subject of sustainable design. It can be extended and applied to various other sustainable fashion design as a solution for global environmental issues.

A Study on the Climate Change and the Policy of Natural Gas Exploitation on the Arctic Region (기후변화와 북극 유·가스전 개발에 관한 연구)

  • Kim, Boyoung;Ryu, Siho;Park, Yonhe
    • Environmental and Resource Economics Review
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    • v.18 no.4
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    • pp.787-813
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    • 2009
  • Because of global warming, the thawing of the Arctic ice cap is slowly accelerating. That is the hot issue nowadays. According to the each country's climate change policy, it is boom in the world to lessen the consuming of the fossil fuel those are oil, coal and natural gas. But on the contrary the thawing of the Arctic ice cap is the chance to make the natural gas producing unit cost lower. The purpose of this paper is to search the Arctic policy of each country under the contradictory relationship between promoting the climate change policy and exploiting the natural gas on the Arctic. Specially, there are huge natural gas reserves in Russia on the Arctic region, Russia's exploiting the natural gas on the Arctic will affect on the natural gas supply-demand balance of world natural gas market strongly in the future. Therefore it needs to prepare the future energy alternative policy for Korea's energy security. Russia has Yamal Peninsular where is abundant on natural gas reserver, and she can supply natural gas by LNG ship all over the world via the Arctic route. This means that the structure of world natural gas market be changed gradually. It will be possible in 2030~2040. And such a change is very important because new natural gas trading type can do it through not only overcoming the geological restriction but also shifting the main trading type from PNG(Pipeline Natural Gas) to LNG(Liquified Natural Gas). Therefore it is necessary that we should let this be a good lesson to ourselves through the government action of other countries (China, Japan) those also have no sovereignty over the Arctic as Korea.

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The Impact of the Introduction of Hydrogen Energy into the Power Sector on the Economy and Energy (전력부문 수소에너지 도입의 경제 및 에너지부문 파급효과)

  • Lee, Sang-Ho
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.17 no.8
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    • pp.502-507
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    • 2016
  • The transition from a carbon economy based on fossil fuels to a hydrogen economy is necessary to ensure energy security and to combat climate change. In order to pursue the transition to a hydrogen economy while achieving sustainable economic growth, a preliminary study into the establishment of the necessary infrastructure for the future hydrogen economy needs to be carried out. This study addresses the economic and environmental interactions in a dynamic computable general equilibrium (CGE) model focusing on the economic effects of the introduction of renewable energy into the Korean energy system. Firstly, the introduction of hydrogen results in an increase in the investment in hydrogen production and the reduction of the production cost, ultimately leading to GDP growth. Secondly, the mandatory introduction of renewable energy and associated government subsidies bring about a reduction in total demand. Additionally, the mandatory introduction of hydrogen energy into the power sector helps to reduce CO2 emissions through the transition from a carbon economy-based on fossil energy to a hydrogen economy. This means that hydrogen energy needs to come from non-fossil fuel sources in order for greenhouse gases to be effectively reduced. Therefore, it seems necessary for policy support to be strengthened substantially and for additional studies to be conducted into the production of hydrogen energy from renewable sources.

Decomposition Analysis of Energy Consumption and GHG Emissions by Industry Classification for Korea's GHG Reduction Targets (감축목표 업종 분류체계에 따른 산업부문의 에너지 소비 및 온실가스 배출 요인 분해 분석)

  • Park, Nyun-Bae;Shim, SungHee
    • Environmental and Resource Economics Review
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    • v.24 no.1
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    • pp.189-224
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    • 2015
  • To meet sectoral emission target by 2020 and prepare for the emission trading scheme from 2015, decomposition analysis of energy consumption and GHG emission is required by 18 subsectors in industry sector where emission targets are established. Log Mean Divisia Index decomposition method was used to analyze factors' effects on energy and emission in the industry sector and by 18 subsectors from 2004 to 2011. Industrial energy consumption was increased due to the production effect and energy intensity effect. However structure effect contributes to the decrease of energy consumption. In terms of emissions (including indirect emission due to electricity consumption) in the industry sector, only structure effect contributed to the emission reduction. Factors' effects by subsectors were different. Cement industry, which is included at Nonmetal shows different results from those of Nonmetal industry and machinery industry, which is a subsector of Fabricated Metal, was also similar. In this regard, we should not apply the policy implications from decomposition analysis of aggregated industry such as Nonmetal or Fabricated Metal to its subsectors uniformly and develop a differentiated policy for each subsector industry.

Capacity of Distribution Science and the Energy Distribution Role for Visegrád Group Cooperation (비셰그라드 그룹의 협력에 따른 유통과학의 역량과 에너지유통의 역할)

  • Seo, Daesung
    • Journal of Distribution Science
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    • v.13 no.12
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    • pp.95-103
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    • 2015
  • Purpose - The Visegrád Group cooperation of the past 14 years and that of V4 for the past 20 years has very important significance in the 21st century that must be maintained. This cooperation is valuable because of the trade routes that connect northern Poland to the Balkans in southern Croatia, which forman important basis for the resuscitation of Central European development. Currently, because of the European manufacturing base and industrial development, an energy supply and stable energy distribution networks have been introduced to secure cooperation and not competition within the Visegrád Group. This paper's research emphasizes the supply chain hub in neighboring countries. Although Central and Eastern European countries are small, they can provide a competitive response to Western Europe if they collaborate with the V4 group and other countries. Research design, data, and methodology - The subjects of this study in the Visegrád Group area are related to the development of Marketing and Distribution Sciences in the integrated European Union. In relation to the existing energy infrastructure, construction companies and financial institutions benefit from large-scale construction projects. Existing or new infrastructure facilities among the V4 must comply with the preconditions of regional energy markets. The network of emerging markets is changing into a European-logistics hub of new markets. This hub is closely associated with the economic development of European self-sustainment given that energy for distribution and consumption is imported from Russia. Therefore, this paper indirectly provides data on the regional distribution of energy as alternative bases in Europe for market expansion to Asia. Results - As a result, it appeared unlikely that V4 failed to implement homogeneity following the standards of Western Europe, as proposed by the EU. Throughout European history, individuals have gathered in Central Europe as an innovation hub. Currently, the region is being established independently for energy industrial development and not for tourism development, and is expected to play a central role in innovation and distribution consumption. Therefore, similar to Western and Northern Europe, V4 only appears to engage in distribution consumption on the basis of the identity that it formed for itself. This area is expected to either create a regional platform or a voice over a single economic policy. Conclusions - To this end, regarding the distribution of consumer groups within and outside the region, the V4 group is expected to be established for various policy areas and as a Eurasian outpost of trade and distribution logistics. In addition, given its purpose of engaging in the distribution of energy cooperation and trade clusters, the Visegrád Group will be in charge of the center axis of the bridge for distribution logistics trading partners from the Western Balkans to Caucasus and Eastern Europe. Thus, the Visegrád Group is entering this region as a platform for market share by enabling all or any investor can gain greater industrial benefits.