• Title/Summary/Keyword: Global Oil Prices

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Development of Urban Driving Cycle for Performance Evaluation of Electric Vehicles Part I : Development of Driving Cycle (전기 자동차 성능 평가를 위한 도심 주행 모드 개발 Part I : 주행 모드 개발)

  • Yang, Seong-Mo;Jeong, Nak-Tak;Kim, Kwang-Seup;Choi, Su-Bin;Wang, Maosen;Kim, Hyun-Soo;Suh, Myung-Won
    • Transactions of the Korean Society of Automotive Engineers
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    • v.22 no.7
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    • pp.117-126
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    • 2014
  • Recently, due to various environmental problems such as global warming, increasing of international oil prices and exhaustion of resource, a paradigm of world automobile market is rapidly changing from vehicles using internal combustion engine to eco-friendly vehicles using electric power such as EV (Electric Vehicle), HEV (Hybrid Electric Vehicle), PHEV (Plug-in Hybrid electric Vehicle) and FCEV (Fuel Cell Electric Vehicle). There are many driving cycles for performance evaluation of conventional vehicles. However there is a lack of researches on driving cycle for EV. This study is composed of part 1 and part 2. In this paper part 1, in order to develop urban driving cycle for performance evaluation of electric vehicles, Gwacheon-city patrol route of police patrol car was selected. Actual driving test was performed using EV. The driving data such as velocity, time, GPS information etc. were recorded. GUDC-EV (Gwacheon-city Urban Driving Cycle for Electric Vehicles) including road gradient was developed through the results of analyzing recorded data. Reliability of the driving cycle development method was substantiated through comparison of electricity performance. In the second part of this study, the developed driving cycle was compared to simulation result of the existing urban driving cycle. Verification of the developed driving cycle for EV performance evaluation was described.

Alkaline Peroxide Pretreatment of Waste Lignocellulosic Sawdust for Total Reducing Sugars

  • Satish Kumar Singh;Sweety Verma;Ishan Gulati;Suman Gahlyan;Ankur Gaur;Sanjeev Maken
    • Korean Chemical Engineering Research
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    • v.61 no.3
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    • pp.412-418
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    • 2023
  • The surge in the oil prices, increasing global population, climate change, and waste management problems are the major issues which have led to the development of biofuels from lignocellulosic wastes. Cellulosic or second generation (2G) bioethanol is produced from lignocellulosic biomass via pretreatment, hydrolysis, and fermentation. Pretreatment of lignocellulose is of considerable interest due to its influence on the technical, economic and environmental sustainability of cellulosic ethanol production. In this study, furniture waste sawdust was subjected to alkaline peroxide (H2O2) for the production of reducing sugars. Sawdust was pretreated at different concentrations from 1-3% H2O2 (v/v) loadings at a pH of 11.5 for a residence time of 15-240 min at 50, 75 and 90 ℃. Optimum pretreatment conditions, such as time of reaction, operating temperature, and concentration of H2O2, were varied and evaluated on the basis of the amount of total reducing sugars produced. It was found that the changes in the amount of lignin directly affected the yield of reducing sugars. A maximum of 50% reduction in the lignin composition was obtained, which yielded a maximum of 75.3% total reducing sugars yield and 3.76 g/L of glucose. At optimum pretreatment conditions of 2% H2O2 loading at 75 ℃ for 150 min, 3.46 g/L glucose concentration with a 69.26% total reducing sugars yield was obtained after 48 hr. of the hydrolysis process. Pretreatment resulted in lowering of crystallinity and distortion of the sawdust after the pretreatment, which was further confirmed by XRD and SEM results.

A study on appropriate ship power system for pulse load combine with secondary battery (펄스부하에 적합한 이차전지 연동형 선박 전력시스템에 관한 연구)

  • Oh, Jin-Seok;Lee, Hun-Seok
    • Journal of Advanced Marine Engineering and Technology
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    • v.37 no.8
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    • pp.962-968
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    • 2013
  • Problem of greenhouse gases associated with global warming and the world rise in fuel oil prices due to the depletion of fossil fuel has attracted attention. For this reason, maritime transport business, has shown interest in green-ship technology to reduce the consumption of fuel and reduce greenhouse gas for environmental protection. Power system of the ship is one of the most important factors for safe operation. Therefore, at design of ship power system, most of existing vessel used comparative large capacity generator in order to respond peak load such as bow thruster, crane and etc. In the navigation of ship, marine generators most would be operated at low load operation. In the low load operation of the generation rate of 50% or less, the operation efficiency of the generator it deteriorated, to consume more fuel oil. It also, it means that adversely effect the life of the generator. In this paper, studied how to apply for a secondary battery in container ship that relatively frequent arrival and departure in port. As a result, in order to apply the secondary battery to increase the operating efficiency of the generator during the voyage, it was confirmed that it is possible to reduce fuel consumption.

Mixture Study for Early-age Strength Improvement of NAC-typed High-strength Concrete Piles (NAC 방식 고강도 콘크리트 파일의 초기강도증진을 위한 배합에 대한 연구)

  • Yi, Seong Tae;Noh, Jae Ho;Heo, Hyung Seok
    • Journal of the Korea institute for structural maintenance and inspection
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    • v.16 no.2
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    • pp.58-64
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    • 2012
  • Due to the influence of global oil prices, industrial productivity, which oil consumption is high, was significantly reduced. AC type of high-strength PHC piles is being manufactured through twice the steam curing process and this have resulted in a significant rise for product's manufacturing costs. NAC way other types of file manufacturing process has the advantage of reducing manufacturing costs by a turn of the steam curing. Nevertheless, because the initial strength be poor than that of AC method, shipment is being after the curing period of approximately three days. In addition, the growth of the product enhance with curing period can not be avoided, as a result, cost of inventory is acting as the rise. Piles by the AC method is immediately shipped after curing, damaging problems does not occur when they are introduced to the field site (for example, pile on-site). In the case of NAC, however, at least after the curing period of three days and after expressing the strength of 80 MPa or more, they are shipped on the scene. Therefore, NAC type has problems as follows: (1) increase in moderate inventory holding costs with type and (2) breakage in the field due to lack of strength. In this study, for NAC-typed PHC files, mixing characteristics research for the strength development at 1 day equivalent to AC method were conducted and strength characteristics with changes of original materials were evaluated were also identified.

Analysis of Price Formation Mechanism of Natural Gas in the Global Market and Business Model of ''Cheniere Energy" (Анализ механизмов формирования цен на газ на мировом рынке и бизнес-модели «Сheniere Energy»)

  • Sung, Jinsok
    • Analyses & Alternatives
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    • v.5 no.2
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    • pp.77-105
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    • 2021
  • Natural gas consumption in Asia is growing at fast tempo because of various factors such as economic growth in the region, urbanization, coal-to-gas switch at power and industry sector. Due to geographical characteristics and lack of international pipeline connections between countries in the continent, majority of natural gas exported to Asian consumers is transported by tankers on the sea in the form of liquefied natural gas. As Asian market is the most lucrative market with the fastest demand growth, the competitions between LNG sellers for market share in Asian market are strengthening. The competitions accelerated, especially after the introduction of large volume of incremental supply into the market by new exporters from the U.S., Australia, and Russia. Cheniere Energy, the first exporter of liquefied natural gas (LNG) in the lower 48 states of U.S. has not adopted the traditional price formation mechanism and business model. Traditionally, prices of long-term LNG contracts have been indexed to the price of competing fuels, such as crude oil. The company adopted a pricing mechanism and business model based on a cost-plus system. Cheniere Energy opted for the safer and the risk-free pricing system, that annually guarantees a fixed amount of revenue to the seller. The company earns the same amount of money, regardless of natural gas price dynamics in the domestic and international market, but possibly with less revenue. However, by introducing and successfully implementing the safer and risk- free business model, Cheniere Energy, a company of a relatively smaller size in comparison with major oil and gas companies, became an example to other smaller-sized companies in the U.S. The company's business model demonstrated how to enter and operate LNG business amid increasing competitions among sellers in the U.S. and international market.

An analysis of the operational efficiency of the major airports worldwide using DEA and Malmquist productivity indices (세계 주요 공항 운영 효율성 분석: DEA와 Malmquist 생산성 지수 분석을 중심으로)

  • Kim, Hong-Seop;Park, Jeong-Rim
    • Journal of Distribution Science
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    • v.11 no.8
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    • pp.5-14
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    • 2013
  • Purpose - We live in a world of constant change and competition. Many airports have specific competitiveness goals and strategies for achieving and maintaining them. The global economic recession, financial crises, and rising oil prices have resulted in an increasingly important role for facility investment and renewal and the implementation of appropriate policies in ensuring the competitive advantage for airports. It is thus important to analyze the factors that enhance efficiency and productivity for an airport. This study aims to determine the efficiency levels of 20 major airports in East Asia, Europe, and North America. Further, this study also suggests suitable policies and strategies for their development. Research design, data, and methodology - This paper employs the DEA-CCR, DEA-BCC, and DEA-Malmquist production index analysis models to determine airport efficiency. The study uses data on the efficiency and productivity of the world's leading airports between 2006 and 2010. The input variables include the airport size, the number of runways, the size of passenger terminals, and the size of cargo terminals. The output variables include the annual number of passengers and the annual cargo volume. The study uses basic data from the 2010 World Airport Traffic Report (ACI). The world's top 20 airports (as rated by the ACI report) are investigated. The study uses the expanded DEA Model and the Super Efficiency Model to identify the most effective airports among the top 20. The Malmquist productivity index analysis is used to measure airport effectiveness. Results - This study analyzes longitudinal and cross-sectional data on the world's top 20 airports covering 2006 to 2010. A CCR analysis shows that the most efficient airports in 2010 were Gatwick Airport (LGW), Zurich Airport (ZRH), Vienna Airport (VIE), Leonardo da Vinci Fiumicino Airport (FCO), Los Angeles International Airport (LAX), Seattle-Tacoma Airport (SEA), San Francisco Airport (SFO), HongKong Airport (HKG), Beijing Capital International Airport (PEK), and Shanghai Pudong Airport (PVG). We find that changes in airport productivity are affected more by technical factors than by airport efficiency. Conclusions - Based on the study results, we offer four airport development proposals. First, a benchmark airport needs to be identified. Second, inefficiency must be reduced and high-cost factors need to be managed. Third, airport operations should be enhanced through technical innovation. Finally, scientific demand forecasting and facility preparation must become the focus of attention. This paper has some limitations. Because the Malmquist productivity index is based on the hypothesis of the, the identified production change could be over- or under-estimated. Further, as DEA estimates the relative efficiency. It also cannot generalize to include all airport conditions because the variables are limited. To measure airport productivity more accurately, other input variables and environmental variables such as financial and policy factors should be included.

A Study on the Development of Modular Design for Multi-purpose Electric Motor Vehicles in Rural Areas (농촌 다목적 모듈형 전기차 개발에 관한 연구)

  • Kwon, Sung-Ja;Kim, Myung-Soo;Lee, Bong-Joo
    • Journal of the Korea Convergence Society
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    • v.11 no.6
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    • pp.173-182
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    • 2020
  • Since 2000, Korea has seen a big trend in the market, as the EU tightened regulations on environment due to global warming, high oil prices and aging rural population distribution, strengthening the need for multi-purpose electric moto vehicles for small farmers based on eco-friendly energy. Multi-purpose electric motor vehicles for rural small businesses will be a very innovative means of transportation, not only maintained at a low cost and to reduce greenhouse gases through the activation of eco-friendly energy, but also be a very innovative means of transportation for reducing the labor intensity of the aging farming industry and transporting night work and logistics. In this paper, with the implementation of eco-friendly energy policies, small and medium-sized rural small business owners can easily operate on unpaved roads and well-drawn farming environments, while the intensity of labor can be reduced when transporting crops also can simply replace parts at a low cost in the event of an accident. To propose rural multi-purpose modular electric vehicles, the existing literature is reviewed and 12 modular parts are presented by benchmarking electric vehicles at home and abroad. This paper is thought to be helpful for the research of the industry as well as the design industry of modular electric vehicles.

An analysis on the characteristics of regasification system for gas fuelled ship depending on the mixing ratio of eglycol and water (Gas Fuelled Ship용 재기화 시스템의 Eglycol Water 혼합비율에 따른 시스템 특성분석)

  • Lee, Yoon-Ho;Kim, You-Taek;Kang, Ho-Keun
    • Journal of Advanced Marine Engineering and Technology
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    • v.38 no.7
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    • pp.799-805
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    • 2014
  • Recently, the regulations of the Local and Global for a variety of air pollution prevention has been enhanced by the steep rise in fuel oil prices. So, the appearance of Gas Fuelled Ships became necessary. In this study, we configured a regasification system which uses Eglycol water as a heating medium to evaporate before being supply fuel to the DF engine, then we analysed the system properties according to the Eglycol water mixing ratio. The results were as follows. When pressure, temperature, and flux of natural gas(NG) which are supplied to DF engines are uniformly kept, the higher mixing ratio of Eglycol is, the lower mixing specific heat of Eglycol water. And the cycle flux and electric power were 1.65 and 1.54 times more required. respectively, than water was used as the heating medium. Basic variables including mass flux according to the mixing ratio of Eglycol water, required electric power of operating fluid pumps, the temperature of natural gas which is supplied to the engine, and the heat exchanger's capacity were drawn from the gotten results.

Evaluation on the impact of Lowest Bid Contracts on Site Operations in times of Severe Economic Downturn (건설경기 침체기의 최저가 낙찰제 건설현장의 운영 실태분석과 개선 방안 도출)

  • Koo, Bon-Sang;Jang, Hyoun-Seung
    • Korean Journal of Construction Engineering and Management
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    • v.10 no.6
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    • pp.146-153
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    • 2009
  • The year 2008 was a hard year for Korea's construction companies. The real estate downturn resulted in halting new construction and stopping existing work, and inflation of global oil prices caused price hikes in rebar and concrete materials. As a solution to reducing the budget, the newly appointed government announced plans to increase low cost bid contracts from 10 billion to 30 billion won. When such economical and political factors negatively impact the construction market, projects based on low cost contracts are the hardest hit. Many problems already inherent in low cost bid contracts become accentuated. Consequently, this provides an opportune time to actually study and analyze the issues in these projects. This paper introduces the findings made from investigating four projects struggling to make ends meet in the year 2008. Results show that flow of cash (i.e., liquidity), or lack thereof, was the root cause which in turn was hampered by failed mechanisms for design changes, material inflation. Attributing cash flow risk to the bottom of the production structure (i.e., small business subcontractors) was also a problem within the industry. Contractors need a better way to prepare against material price fluctuations, and owners need to assist in expediting payment during times of extreme downturn.

Development of Overseas Construction Big Issues based on Analysis of Big Data (빅 데이터 분석을 통한 해외건설 빅 이슈 개발)

  • Park, Hwanpyo;Han, Jaegoo
    • Korean Journal of Construction Engineering and Management
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    • v.19 no.3
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    • pp.89-96
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    • 2018
  • This study derived big issues in overseas construction through big data analysis. To derive big issues in overseas construction, candidate groups of big issues were identified through big data analysis targeting 53,759 issues including 39,436 issues from major portal sites, 10,387 issues from daily newspapers, and 336 issues in construction magazines from Oct. 1, 2016 to Sep. 30, 2017. The main results are as follows: First, the main issues of overseas construction for the past one year showed that markets were concentrated in Middle East Asia and most of them were low-price order plant projects, which revealed the limitations. Although orders of overseas construction were slightly upward in the first half of 2017 compared to previous year, overseas construction orders are still unstable due to uncertainties in the international affairs and drops in oil prices. Second, the interest topics based on the 8th core keywords of overseas construction among the overseas construction issues for the past one year showed that region (29.9%), corporation environment (22.0%), profitability (17.0%), organizations (15.1%), projects (5.2%), market environment (3.6%), policy and system (3.6%), and education (3.5%) in the order of interest. Third, 10 core issues that have expandability and persistence of discourse were extracted out of 30 issue candidates with regard to eight keywords. Based on the extracted issues, detailed analysis on each of the core issues in overseas construction and correlation analysis between 10 core issues were conducted.