• Title/Summary/Keyword: High Oil Price

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Development of a Lifting Utility with Balance-controlled Platform (작업대 수평유지식 과수원 고소작업차 개발)

  • Jang, Ik-Joo
    • Journal of Biosystems Engineering
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    • v.36 no.3
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    • pp.171-179
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    • 2011
  • Facing the current hikes of labor wage and high oil price, it is needed to have energy-saving machinery which also enables us precise farm operations. Thus, it was necessary to develop a safe machine which allows secure and pleasant works along orchard slopes. In this study, a lifting utility with balance-controlled platform was developed. The platform utility could maintain to level the workbench while driving along slopes. Even the machine body was driven at the tilt angle ranges of ${\pm}20^{\circ}$, the platform bench could be maintained within ${\pm}0.5^{\circ}$ of a gimbal angle. In addition, the machine lifted up to 2.0 m using an electric-hybrid driving mechanism with a low noise. A tandem hybrid power source was developed with a DC 72 V, 100 AH for the Deep-Cycle batteries, charged with 3.5 kW gasoline generator as an auxiliary power source. HST, which is one of the CVT's, was adopted as a transmission device, and a crawer track was used for the safety of the vehicle against tip-over. The maximum lifting height of platform was is 2,500 mm, and the maximum extendable width was 2,900 mm.

Strategy of Energy Technology Development for Establishing the Hydrogen Economy (수소경제사회구현을 위한 에너지기술개발전략)

  • Lee, Seong-Kon;Mogi, Gento;Kim, Jong-Wook;Shin, Sung-Chul
    • Transactions of the Korean hydrogen and new energy society
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    • v.18 no.2
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    • pp.207-215
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    • 2007
  • The rapid changes of energy environment such as high oil price, united nations framework convention on climate change, and the hydrogen economy have been happening to provide national energy security in the 21st century, we need to build strategic approach for coping with energy environment. From a long-term viewpoint of energy technology development, it's time to develop energy technology with selection and specification. In this study, we build energy technology roadmap for establishing the hydrogen economy with a long-term strategy. We analyze economic spin-offs and commercial potential for establishing energy technology roadmap of energy technology development for establishing the hydrogen economy.

Performance Simulation of BOG Reliquefaction System for Dual Fuel Engine of LNG Carrier (LNG 선박 Dual Fuel 엔진용 BOG 재액화 시스템의 성능 시뮬레이션)

  • Lee, Sang-Hoon;Shin, You-Hwan;Lee, Yoon-Pyo;Yoo, Ho-Seon
    • Proceedings of the SAREK Conference
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    • 2008.06a
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    • pp.148-153
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    • 2008
  • As the oil price is dramatically jumping up, the consumption of LNG is rapidly expanding and the size of LNG carriers becomes bigger. For LNG ships, the application of DF (Dual-Fuel) engines gradually increases because of high efficiency, which alternatively use diesel or BOG (Boil-Off Gas) from cargo tank as a fuel. The surplus BOG from LNG cargo tank should be exhausted by GCU or liquefied through the BOG reliquefaction system and returned back. This study focused into its operational characteristics through the process simulation using HYSYS and discussed details on the influence of the variations of some operational parameters such as a distribution ratio by the change of fuel mass flow into the DF engine.

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An Assessment of Energy Consumption on Deep Sea Water Cooling System (해양 심층수를 이용한 냉방시스템의 경제성 비교분석)

  • Park, Jin-Youn;Kim, Samuel;Jung, Kyung-Sik;Nam, Min-Sik
    • Proceedings of the SAREK Conference
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    • 2008.06a
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    • pp.1279-1284
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    • 2008
  • The alternative energy has lately attracted considerable attention due to the high oil price and environment problem. Deep sea water that is one of the natural energy sources should be getting popular continually to reduce the environment problem. In this study, cooling system of deep sea water using heat exchangers of two hotels where is located in near Hae-undae Bay has been analyzed on the quantity of electricity comparison between existing cooling system and deep seawater cooling system. As shortly, the results of study showed that the first building approximately saves 370 millions won per year, also the second building saves 248 millions won per year. It means that the cooling system by using deep sea water has great worth to reduce the ratio of fossil fuel.

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A Study on the Analysis of Subway Crowdedness using Simulator (시뮬레이터를 이용한 지하철 혼잡도 분석에 관한 연구)

  • Lee, Doo-Yong;Li, Zhong-Sh;Kim, Dong-Hee;Hong, Soon-Heum;Lee, Chang-Cho
    • Journal of the Korea Safety Management & Science
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    • v.10 no.4
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    • pp.267-273
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    • 2008
  • Many people transfer from the automobile to the subway because of increasing in oil price and improvement of mass transit system of Seoul Metropolitan City. But Seoul Metropolitan Subway have brought out passengers discomfort because it is more crowded over the appropriateness because of very high utilization though it is highly technically facilitated. This study deals with the development and simulation study of subway train simulator. We performed the validity simulation study for the simulator for the interval from Sindorim station to Samsung station in Seoul Subway Line 2. We analyzed the simulation results considering crowdedness after we defined the concept of crowdedness. Also we accomplished the analysis of simulation results after simulation under the assumption that the crowdedness is alleviated by controlling the passengers using RFID technology.

BTL Pilot Process using Fe-based F-T Catalyst (철계 촉매를 이용한 BTL 파일롯 공정 연구)

  • Chae, Ho-Jeong;Jeong, Soon-Yong;Kim, Chul-Ung;Jeong, Kwang-Eun;Koh, Jae-Cheon;Kim, Tae-Wan;Park, Hyun-Joo;Lee, Sang-Bong;Han, Jeong-Sik;Jeong, Byung-Hun
    • Proceedings of the Korean Society of Propulsion Engineers Conference
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    • 2010.11a
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    • pp.804-806
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    • 2010
  • Due to the depletion of fossil fuel, high oil price and global warming issue by green house gas such as CO2, clean fuel technologies using biomass, especially BTL (biomass to liquid) technology, have been greatly attracted. This paper has examined F-T catalyst and process which are two backbones of BTL technology. In addition, this paper introduces our BTL pilot plant using Fe based catalyst which has been developed recently in Korea.

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The Study on the Reorganization of the Large Purse Seine Fisheries in Korea (대형선망어업의 생산력 재편과 경영 개선 과제)

  • KIM, Dae-Young
    • Journal of Fisheries and Marine Sciences Education
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    • v.21 no.3
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    • pp.373-389
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    • 2009
  • The aims of this study are to examine urgent problems for reorganization into future-proof large purse seine fisheries in order to positively cope with rapidly changing domestic and foreign fisheries circumstances. First, this paper provides current situations of the large purse seine fisheries. The current situations of it are composed of fisheries influence such as vessel number, vessel power, and fisher number, use of resource and fishing places, and changes in products and sales of species caught by the large purse seine. Secondly, this paper reviews current problems of the large purse seine fisheries including cost reduction and increase of value added. Thirdly, this paper suggests basic development direction and countermeasures for strengthening competitiveness of the large purse seine fisheries. In conclusion, urgent problems of the larger purse seine fisheries can be summarized as inefficiency of distribution structures and retarded landing system and facilities as well as the worse of profitability according to shrink of fishing places, reduction of products, lack of workers, and increase in oil price. To solve the urgent problems, the large purse seine fisheries should be changed into an industry with low cost and high efficiency, and also need to introduce of new production system, strengthen autonomous management of natural resource, and increase in value added to products.

Considering the terrain and wind speed wind force generation (우리나라의 지형 및 풍속을 고려한 풍력발전)

  • Choi, June-Young;Choi, Hong-Kyoo;Lee, Guen-Hoo;Choi, Kyung-Han;Lim, Hyung-Hwan;Choi, Shin-Gwon;Lee, Jung-Youl;Hwang, Sang-Gu
    • Proceedings of the Korean Institute of IIIuminating and Electrical Installation Engineers Conference
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    • 2009.05a
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    • pp.301-304
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    • 2009
  • each kind environment connection regulation is solidified worldwide after kyoto protocol recently, and research of revival energy field by necessity extension of source of energy that continuance is possible that follow to high oil price is consisting concentrically. In treatise that see hereupon to apply to wind force development system of revival energy field topography of our country and wind speed investigation analyze and examine wind force energy wish to.

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COVID-19 Pandemic and Dependence Structures Among Oil, Islamic and Conventional Stock Markets Indexes

  • ALQARALLEH, Huthaifa;ABUHOMMOUS, Alaa Adden
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.5
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    • pp.515-521
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    • 2021
  • The popularity of Islamic financial instruments among Muslims is not surprising. The Islamic capital market is where sharia-compliant financial assets are transacted. It works parallel to the conventional market and helps investors find sharia-compliant investment opportunities. At a time of collective confusion when the COVID-19 epidemic is contributing to unprecedented change, this paper is keen to understand how attractive conventional and Islamic stock markets have been to investors recently. Second, this paper takes advantage of the time-scale decomposition property of the wavelet to simultaneously capture risk exposure and distinguish the risks faced by short- and long-term investors. To this end, this research conducted a two-step investigation of the daily closing equity market price indices for three Islamic stock markets and their conventional counterparts. Given that different financial decisions occur with greater or less frequency, the paper examines the connectedness of stock markets operating at heterogeneous rates and identifies the timescales using wavelet-DCC-GARCH analysis to take account of both the time and the frequency domains of stock market connectedness. The paper findings highlight the strong evidence of contagion that can be seen in nearly all conventional stock markets in the COVID-19 pandemic; they reach a high level of dependency in such health crises. Furthermore, Islamic stock markets prove to be a rich ground for global diversification.

Design, Fabrication and temperature measuring experiments of solar collecting system using a single module reflectors (단일 모듈 반사경을 이용한 태양열 집열 시스템의 설계, 제작 및 온도측정 시험연구)

  • Yang, Byeong-Soo;Yang, Woo;Seo, Tae-Il;Son, Chang-Woo
    • Design & Manufacturing
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    • v.13 no.1
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    • pp.19-24
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    • 2019
  • Currently, the world is paying keen attention to the production of renewable energy along with environmental issues, and the share of renewable energy in the world is rising above that of nuclear power. Especially when Korea, which is heavily dependent on foreign countries, needs to reconsider its national competitiveness due to the recent high oil prices, the government's energy policy is to develop and use renewable energy that replaces fossil fuels. In particular, solar energy, the most actively studied and commercialized field of renewable energy, is the main research for solar energy and is commercialized and used. However, the efficiency of solar energy has already reached saturation. Studies are also focusing on increasing the reflectivity of solar energy to increase efficiency. Therefore, this paper proposes a solar collection system that can utilize solar energy rather than solar energy. The proposed solar heat collection system uses solar tracking systems to effectively collect solar energy, particularly those that can be easily produced using single-modular reflectors and have price competitiveness. In addition, temperature measurement experiments with temperature measuring sensors were conducted to ensure reliability in order to verify the results interpreted.