• Title/Summary/Keyword: High oil price

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An Experimental Study on the Spray and Lean Combustion Characteristics of Bio-enthanol-Gasoline Blended Fuel of GDI (직접분사식 바이오에탄올-가솔린 혼합연료의 분무 및 희박연소 특성에 관한 실험적 연구)

  • Park, Gi-Young;Kang, Seok-Ho;Kim, In-Gu;Lim, Cheol-Soo;Kim, Jae-Man;Cho, Yong-Seok;Lee, Seong-Wock
    • Journal of ILASS-Korea
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    • v.19 no.3
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    • pp.115-122
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    • 2014
  • As a demand for an automobile increases, air pollution and a problem of the energy resources come to the fore in the world. Consequently, governments of every country established ordinances for green-house gas reduction and improvement of air pollution problem. Especially, as international oil price increases, engine using clean energy are being developed competitively with alternative transportation energy sources development policy as the center. Bio ethanol, one of the renewable energy produced from biomass, gained spotlight for transportation energy sources. Studies are in progress to improve fuel supply methods and combustion methods which are key features, one of the engine technologies. DI(Direct Injection), which can reduce fuel consumption rate by injecting fuel directly into the cylinder, is being studied for Green-house gas reduction and fuel economy enhancement at SI(Spark Ignition). GDI(Galoine Direct Injection) has an advantage to meet the regulations for fuel efficiency and $CO_2$ emissions. However it produces increased number of ultrafine particles, that yet received attention in the existing port-injection system, and NOX. As fuel is injected into the cylinder with high-pressure, a proper injection strategy is required by characteristics of a fuel. Especially, when alcohol type fuel is considered. In this study, we tried to get a base data bio-ethanol mixture in GDI, and combustion for optimization. We set fuel mixture rate and fuel injection pressure as parameters and took a picture with a high speed camera after gasoline-ethanol mixture fuel was injected into a constant volume combustion chamber. We figured out spraying characteristic according to parameters. Also, we determine combustion characteristics by measuring emissions and analyzing combustion.

Application of District Cooling System for Deep Ocean Water by Case Study (사례 분석을 통한 해양심층수의 지역냉방시스템 적용 방안)

  • Jin, Su-Hwuy;Park, Jin-Young;Kim, Sam-Uel;Kim, Hyeon-Ju
    • 한국태양에너지학회:학술대회논문집
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    • 2011.04a
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    • pp.179-184
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    • 2011
  • The development of new energy has attracted consideration attention due to the high oil price and environmental problems. In advanced country, they have tried to carry out a long range plan for energy. We need to develop new energy for Low Carbon Green Growth in Korea. The building is 30% among ratio of energy consumption in Korea. And in the past, heating energy was high ratio for energy using at home. But recently, the demand for cooling energy keeps growing due to rising average temperature on the earth and improvement of life quality. In this situation, the energy of lake water and ocean water has studied to utilize in advanced country because of low temperature at underwater. But the study for deep water is still a lot left to do. In this study, we analyzed district cooling system and the present condition. Analyzing the deep lake water cooling system in Toronto, we found an application of district cooling system using deep ocean water. Deep lake water uses heat source for district cooling and water source for city in Toronto. So reducing the initial cost, this city had economic effect. When DLWC was applied at existing building, the heat exchanger was installed instead of cooling tower and refrigerator. And the heat exchanger used to connect main pipe with cool water on city. System using deep ocean water can be applied as a similar way to supply cool water from lake to building.

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Autoencoder factor augmented heterogeneous autoregressive model (오토인코더를 이용한 요인 강화 HAR 모형)

  • Park, Minsu;Baek, Changryong
    • The Korean Journal of Applied Statistics
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    • v.35 no.1
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    • pp.49-62
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    • 2022
  • Realized volatility is well known to have long memory, strong association with other global financial markets and interdependences among macroeconomic indices such as exchange rate, oil price and interest rates. This paper proposes autoencoder factor-augmented heterogeneous autoregressive (AE-FAHAR) model for realized volatility forecasting. AE-FAHAR incorporates long memory using HAR structure, and exogenous variables into few factors summarized by autoencoder. Autoencoder requires intensive calculation due to its nonlinear structure, however, it is more suitable to summarize complex, possibly nonstationary high-dimensional time series. Our AE-FAHAR model is shown to have smaller out-of-sample forecasting error in empirical analysis. We also discuss pre-training, ensemble in autoencoder to reduce computational cost and estimation errors.

A Study on the Application of the Solar Energy Seasonal Storage System Using Sea water Heat Source in the Buildings (해수냉열원을 이용한 태양열계간축열시스템의 건물냉방 적용에 관한 연구)

  • Kim, Myung-Rae;Yoon, Jae-Ock
    • 한국태양에너지학회:학술대회논문집
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    • 2009.11a
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    • pp.56-61
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    • 2009
  • Paradigm depending only on fossil fuel for building heat source is rapidly changing. Accelerating the change, as it has been known, is obligation for reducing green house gas coming from use of fossil fuel, i.e. reaction to United Nations Framework Convention on Climate Change. In addition, factors such as high oil price, unstable supply, weapon of petroleum and oil peak, by replacing fossil fuel, contributes to advance of environmental friendly renewable energy which can be continuously reusable. Therefore, current new energy policies, beyond enhancing effectiveness of heat using equipments, are to make best efforts for national competitiveness. Our country supports 11 areas for new renewable energy including sun light, solar heat and wind power. Among those areas, ocean thermal energy specifies tidal power generation using tide of sea, wave and temperature differences, wave power generation and thermal power generation. But heat use of heat source from sea water itself has been excluded as non-utilized energy. In the future, sea water heat source which has not been used so far will be required to be specified as new renewable energy. This research is to survey local heating system in Europe using sea water, central solar heating plants, seasonal thermal energy store and to analyze large scale central solar heating plants in German. Seasonal thermal energy store necessarily need to be equipped with large scale thermal energy store. Currently operating central solar heating system is a effective method which significantly enhances sharing rate of solar heat in a way that stores excessive heat generating in summer and then replenish insufficient heat for winter. Construction cost for this system is primarily dependent on large scale seasonal heat store and this high priced heat store merely plays its role once per year. Since our country is faced with 3 directional sea, active research and development for using sea water heat as cooling and heating heat source is required for seashore villages and building units. This research suggests how to utilize new energy in a way that stores cooling heat of sea water into seasonal thermal energy store when temperature of sea water is its lowest temperature in February based on West Sea and then uses it as cooling heat source when cooling is necessary. Since this method utilizes seasonal thermal energy store from existing central solar heating plant for heating and cooling purpose respectively twice per year maximizing energy efficiency by achieving 2 seasonal thermal energy store, active research and development is necessarily required for the future.

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Economic Analysis of Rural Green-Village Planning with Solar Energy considering Climate Change (기후변화를 고려한 농촌지역 그린빌리지의 태양에너지 활용에 관한 경제성 분석)

  • Kim, Dae-Sik;Wang, Young-Doo
    • Journal of Korean Society of Rural Planning
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    • v.19 no.3
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    • pp.25-36
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    • 2013
  • This study aims to perform the economic analysis to the use of solar power facilities in rural villages considering the climate change scenario. IPCC climate change scenarios in the recently adopted the RCP scenarios (RCP8.5, RCP6.5, RCP4.5, RCP2.6) was used. By RCP scenarios, solar radiation, depending on the scenario in 2100, respectively, 3.6%, 2.5%, 1.9%, 1.1% was assumed to increase. From the economic analysis(payback period is 25 year) on 8 points of each province, in all cases of normal data and four RCP scenarios, at all points analyzed were NPV indicate a negative, BC ratio less than 1.0, respectively. In the case of Mokpo, Chunnam RCP8.5, BC ratio were found to be up to a 0.92, followed by 0.89 in the case of RCP8.5 in Jinju, Kyungnam shows, while the minimum was in Jeju. BC ratio is 1.0 or bigger, in order for the normal solar radiation data in Mokpo, Chonnam was the minimum that it takes 37 years. Similarly, in the case of RCP scenarios, 30 years in Mokpo, Chonnam RCP8.5 and 31 years in the cases of Jinju, Kyungnam and Jeonju, Cheonbuk RCP8.5 were analyzed. It was analyzed that RCP8.5 has the highest value. BC analysis models for each of the factors, the results of the sensitivity analysis, the initial installation costs, electricity sales price, discount rate in the order of economy showed higher sensitivity, and the rest factors showed lower changes. Although there are some differences of solar radiation by region, but in Korea most facilities in rural areas, the use of solar power was considered to be economical enough, considering change of several factors with high sensitivity, such as increasing of government subsidies for the solar power installation of the facility, rising oil prices due to a rise in electricity sales price, and a change in discount rate. In particular, when considering climate change scenarios, the use of solar energy for rural areas of the judgment that there was more economical.

An Empirical Study on Evaluation Factors of Cabin Service Quality of Airlines (항공사 객실서비스의 품질 평가요인에 관한 실증 연구 - MIAT 몽골항공사를 중심으로 -)

  • Hyun, Kil-Nam;Batbold, Senderi;Byun, Ki-Hyo;Hurr, Hee-Young
    • Korean Business Review
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    • v.19 no.2
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    • pp.261-274
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    • 2006
  • Airline business operates in the 21st century within fast changing market environment and fierce competition. Management of airline companies has faced the need for vast adaptation to new trends in the growth of world economy that are cardinal changes in marketing environment due to quick development of Internet and IT, transport price competition and, as a consequence, low profit margin, diversified customer wants and needs, lack of investment needed for new aircraft equipped with the latest high tech innovations, unpredictable oil price changes, and exchange rate fluctuations. This study is aimed to evaluate the quality performance of cabin service, to analyse, further, the issues that appeared to be the most significant among customers' answers to questionnaire, to explore the relationships between these issues and customer satisfaction, to highlight the essential questions to address, and to provide some practical suggestions. The five dimensions (such as tangible, reliability, responsiveness, assurance, and empathy) were adopted to examine the relationship between the service quality and customer satisfaction of Mongolian and non-Mongolian passengers travelling by the MIAT. According to findings of analysis made with use of the SERVPERF model, it can be concluded that Mongolian travellers' satisfaction was effected by 'Tangible' and 'Responsiveness' dimensions of service quality, whereas the 'Empathy' dimension has more impact on the satisfaction of non-Mongolian.

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Analysis of the Effect of Korea's Environmentally Harmful Subsidy Reform in the Electric Power Sector : Mainly on its Industrial Cross-subsidies Reform (우리나라 전력부문의 환경유해보조금 개편 효과분석 : 산업용 교차보조금 개편을 중심으로)

  • Kang, Man-Ok;Hwang, Uk
    • Journal of Environmental Policy
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    • v.9 no.1
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    • pp.57-81
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    • 2010
  • Since the Republic of Korea is highly dependent on fossil fuels despite high oil prices, it urgently needs to renew its economic and social system to cut carbon emissions and achieve green growth. Therefore, reforming or eliminating subsidies related to the use of fossil fuels is a timely and oppropriate policy recommendation for Korea. It would be a win-win deal for Korean society as it would not only reduce the use of environmentally harmful fossil fuels but also enhance economic efficiency. In particular, cross-subsidies for industrial, agricultural and night thermal-storage power services make up more than 80 percent of all subsidies provided to the entire electric power industry sector of Korea. Of these cross-subsidies, this paper analyzes the electricity subsidy for industries, which takes up the largest share (about KRW 1.6583 trillion yearly), among the environmentally harmful subsidies in the electric power sector. Thus, the paper focuses on the analysis of ripple effect anticipated when this is reformed. To examine the effects of this subsidy reform, price elasticities were estimated using the ARDL (autoregressive distributed lag) model and quarterly data from 1990 to 2007. The main results of this study show that 1) annual energy demand for electric power in the industrial sector would drop by 12,475,930MWh and 2) $CO_2$ emissions would plummet by 2,644,897 tons per year if the subsidy were reformed. We can deduct from this that the abolition of environmentally harmful subsidies in the electric power sector in the Republic of Korea would considerably contribute to $CO_2$ emissions abatement in the country.

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Optimization of the Propeller Steady Performance Behind Wake Field

  • Lee, Wang-Soo;Choi, Young-Dal;Kim, Gun-Do;Moon, Il-Sung;Lee, Chang-Sup
    • Journal of Ship and Ocean Technology
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    • v.11 no.2
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    • pp.10-25
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    • 2007
  • With the sharp increase of the oil price, the issue of the energy saving requires even higher propulsive efficiency of the propellers. Traditionally the propellers have been designed with the criteria such as that of Lerbs optimum based on the lifting line theory and the empirical formulae of Lerbs and van Manen giving relations of the wake pitch with the wake non-uniformity. With the aid of the high speed computer, it is now possible to apply the time-consuming iterative approaches for the solution of the lifting surface problems. In this paper we formulate the variational problem to optimize the efficiency of the propeller operating in the given ship wake using the lifting surface method. The variational formulation relating the spanwise circulation distribution with the propulsive efficiency to be maximized is however non-linear in circulation distribution functions, thus the iterative method is applied to the quasi-linearized equations. The blade shape design also requires the iterative procedures, because the shape of the blade which is represented by the lifting surface is unknown a priori. The numerical code was validated with the DTNSRDC propeller 4119 which is well-known to be optimum in uniform inflow condition. In addition existing (well-designed) commercial propellers were selected and compared with the results of the open water tests and the self-propulsion tests.

Development and Optimization of Engine Module for Hybrid System Simulator (하이브리드 시스템 시뮬레이터용 엔진 모듈 개발과 최적화에 관한 연구)

  • Jeon, Dae-Il;Gong, Ho-Jeong;Hwang, In-Goo;Myung, Cha-Lee;Park, Sim-Soo
    • Transactions of the Korean Society of Automotive Engineers
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    • v.18 no.1
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    • pp.14-22
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    • 2010
  • Hybrid Electronic Vehicle (HEV) is one of the solutions of high oil price and environment problem. Recently, study of HEV is important for automobile industry. However HEV has a lot of components and there are many cases for assembling, it's impossible to test results from assembling by using real vehicles. To solve this problem, hybrid system simulator is required. The purpose of this study is to develop and optimize of engine module for hybrid system simulator. The commercial 1-D engine simulation program, WAVE is used to get the engine capacity and performance data and 1-D simulation model of base engine is compared with engine experiment results. Using the data, the engine module is developed based on the MATLAB Simulink. There are blocks of base engine, Single-CVVT engine and Dual-CVVT engine. The effect of acceleration and deceleration is applied to each engine block. In addition, the control and processing logics for CIS technology are developed. Finally the simulator operates FTP-72 mode test.

An Analysis of the Efficiency of the Global Logistics Industry with Data Envelopment Analysis and a Tobit Model (세계 물류산업의 효율성에 관한 연구)

  • Park, Woo-Ram;Kwon, Oh-Kyoung;Tongzon, Jose
    • Journal of Korean Society of Transportation
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    • v.26 no.5
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    • pp.41-49
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    • 2008
  • According to the demand for services. a single point contract between a user and provider spreads over the industry, and the relationship between them is a main issue. The user wants to make a deal with the contributor which can provide the effective services to the user. This study is to estimate the efficiency of global logistics industry with Data Envelopment Analysis, by nations from 2001 to 2005. Furthermore, it tries to estimate the inefficiency affected by macro factors, and proves the association between them using Tobit model. Global logistics industry has made growth both externally and internally more than doubled for the last 5years. Technical inefficiency of global logistics industry is more influenced by pure technical inefficiency than inefficiency of scale. Therefore technical efficiency can be increased by decreasing pure technical inefficiency. Through this study, it found that the logistics industry got influenced to its efficiency by high price of oil, and courier and transportation service market is formed stably. Furthermore, it advocates policy planners to consider effectiveness and clearness of policy which influence to inefficiency of logistics industry. Also, it found that labor and financial support can give critical effect.