• Title/Summary/Keyword: Korea's Power Policy

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An Analysis on Korean Nuclear Power's Contribution to the GHG Emission Reduction and the Economic Effect (한국 원자력발전의 온실가스 저감 기여도 및 경제적 효과 분석)

  • Cho, Byung-Oke;Kim, Shin-Jong;Kim, Jum-Su
    • Journal of Energy Engineering
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    • v.19 no.4
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    • pp.203-214
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    • 2010
  • This study is to assess the reduction of greenhouse gas emission and economic contribution by operating nuclear power plants in Korea. According to the results of applying greenhouse gas emission coefficients to the current nuclear power generation and the estimated nuclear power generation of national energy master plan, it is confirmed quantitatively that nuclear power contributes to reducing greenhouse gas emission, controlling inflation, and substituting import of fossil energies. For the reliable and cost-effective supply of energy and the active respondency to climate change, a continuous expansion of nuclear power is implied to be necessary.

Analysis of the Competitiveness of Broadband over Power Line Communication in Korea

  • Jeong, Gi-Cheol;Koh, Dae-Young;Lee, Jong-Su
    • ETRI Journal
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    • v.30 no.3
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    • pp.469-479
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    • 2008
  • This study analyzes factors affecting the competitiveness of broadband over power line communication (BPLC) and predicts demand for the service, based on quantitative information about consumer preferences drawn from a survey of Korean consumers. Findings from the estimation suggest that, although consumers value some beneficial features of BPLC, to be competitive the speed and stability of its data transmission needs to be improved. Moreover, on the basis of a market simulation, we expect BPLC to occupy only a small portion of Korea's Internet access market in the future, a finding we expect would hold true for other developed countries whose Internet access markets are already mature.

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An Empirical Study on the Effect of Inflation Targeting on PPP: Evidence From 19 OECD countries (물가안정목표제가 구매력평가에 미친 영향: 19개의 OECD 국가들을 대상으로)

  • Eun-Son Lim
    • Korea Trade Review
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    • v.47 no.5
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    • pp.75-93
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    • 2022
  • Purchasing Power Parity (hereafter, PPP) means the purchasing power of two currencies is the same when one is converted into the other one. According to previous studies on PPP, as the volatility of the real exchange rate is smaller, PPP may be more likely to hold. Since New Zealand adopted the inflation targeting policy in December 1989, many countries started to adopt it as their monetary policy frame. Previous studies on inflation targeting found that inflation targeting policy has positive effects on not only achieving price stability but also reducing the volatility of nominal/ real exchange rates. Therefore, in this study, I explored whether inflation targeting policy has positive effects on purchasing power parity subject to 19 OECD countries, applying an Exponential Smooth Transition Autoregressive (ESTAR) model during the sample periods, from 1974:Q1 to 2019:Q4. Based on the ESTAR estimate results, I found limited favorable evidence of PPP for only two countries- England and Switzerland- among 9 inflation targeters, compared to non-inflation targeters, and also I found that favorable evidence of PPP only for these two countries among 9 inflation targeters during post-inflation targeting, but not during pre-inflation targeting. These findings imply that the positive effects of inflation targeting on PPP may be questionable unlike Ding and Kim (2012) and Kim (2014)'s study.

The Analysis of Effect of New Mobile Number System in Korean Mobile Market (이동통신시장 번호제도 개편 효과 분석)

  • Park Myung Ho;Oh Wankeun;Lee Choong Seop
    • Journal of Korea Technology Innovation Society
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    • v.7 no.3
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    • pp.555-580
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    • 2004
  • We analyzed the effect of 6-month lagged number portability policy and introduction of common number among carriers on Korean mobile market. Our result shows that the policy change contributed to both the increase in number of mobile subscribers and decrease in dominant carrier's market share. We found that unified prefix among mobile operators is more effective than the lagged number portability policy. The carriers' profit, however, decreased a lot due to excessive marketing expenditure. We also estimated market shares of carriers up to year 2005 when full number portability policy is adopted. The results show that dominant carrier's monopolistic power will be recovered by the end of 2005 implying government's number policy itself cannot guarantee the effective competition in Korean mobile market.

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An Analysis on the Social Policy Networks A Comparison of the Kim Young-Sam Government and the Kim Dae-Jung Government (사회복지정책 결정 구조에 대한 정책 연결망 분석: 문민 정부와 국민의 정부 비교)

  • Hong, Kyung-Zoon;Song, Ho-Keun
    • Korean Journal of Social Welfare
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    • v.57 no.4
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    • pp.5-33
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    • 2005
  • In order to examine the causes of the social policy changes in Korea during the late of 1990s, this study tries to compare the social policy decision-making structure between Kim Yong-Sam Government and Kim Dae-Jung Government. This study applies policy network analysis method which measures the relation and power structures of policy actors and as a result shows the characteristics of the policy making structure. Analysing the 6 policy domains and 52 policy events, this study finds that the importance and location of veto points which were created by the social policy decision processes have changed. In Korea, social policy decision processes have been produced power structures in which Ministry of Finance and Economic Planning Board have played a decisive role. In result, these executives can have controlled policy making processes and had veto power, i. e. veto points in policy decision-making structure. But, during Kim Dae-Jung government, accountability issues of financial crisis and reorganization of ministries have changed the importance and location of veto points. Pro-welfare groups of civil society got a chance to penetrate policy decision-making structure during that time. This study argues that these changes of policy decision-making structure may be associated with the social policy changes in Korea during the late of 1990s.

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Measuring Nuclear Power Plant Negative Externalities through the Life Satisfaction Approach: The Case of Ulsan City

  • LEE, KYE WOO;YOO, SE JONG
    • KDI Journal of Economic Policy
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    • v.40 no.1
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    • pp.67-83
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    • 2018
  • We have hypothesized that nuclear risk is significantly inversely related to the distance from residences to nuclear power plants and that the level of life satisfaction of residents therefore increases with the distance. We empirically explore the relationship between Ulsan citizens' life satisfaction levels and the distance between their residences and the Kori and Wolsong nuclear power plants (NPP) based on the life satisfaction approach (LSA). The dataset we used covers only Ulsan citizens from the biennial Ulsan Statistics on Citizen's Living Condition and Consciousness of 2014 and 2016. Controlling for micro-variables such as education, work satisfaction, gender, marital status, and expenditures, we found a statistically significant relationship between life satisfaction and the distance between the residences and the nuclear power plants. Nuclear negative externalities including (i) health and environmental impact, (ii) radioactive waste disposal, and (iii) the effect of severe accidents can be quantified in terms of LS units and monetary units. We were able to calculate the monetary value of NPP externalities at $277 per kilometer of distance for Kori and $280 per kilometer of distance for Wolsong at constant 2015 prices. These estimates are quite different from the traditional estimates made with the contingent valuation method, whereas they are similar to the findings of LSA studies abroad. Hence, the need to adopt the LSA in South Korea and policy implications are demonstrated.

Analysis for the Policy Making Process of G7 Project in 1990s (선도기술개발사업(G7)의 정책결정 과정 분석: 범부처간 추진 과정 및 민간 전문가 역할을 중심으로)

  • Lee, Chan-Gu
    • Journal of Technology Innovation
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    • v.16 no.2
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    • pp.167-200
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    • 2008
  • This work firstly aims to analyse how the policy makers had been able to sort out the two policy issues, 'how did the MOST establish the inter-departmental project' and 'why did the MOST give a legal power to the private experts', in the process of policy making for Highly Advanced National(HAN) project, called G7 Project, which had been implemented for 10 years in 1990s. Then, this will discuss the policy implications available to the similar policy areas in the future. The result shows that the agenda setting of the G7 Project, one of the successful national R&D projects in Korea, had been initiated by a few leaders who had have the perspective of pioneer. In addition, this explains that private experts had more played than civil servant did in the process of policy formation, which had been backed up by the R&D plannin4g system then introduced in R&D management process for the frist time. This case study will provide policy makers with the opportunities to remind 'the necessities of the policy management by the system not actors', 'more effective management of distribution policy' and 'the better role of related experts in the policy making process'. Also, above issues will make both the practitioners and the researchers again consider how to improve the rationality and effectiveness of the policy making process in the field of science and technology.

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Power Interruption Costs to Commercial Customers of Electricity in Korea

  • Kim, Dong-Sub;Kim, Kil-Sin
    • Journal of Electrical Engineering and Technology
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    • v.9 no.5
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    • pp.1495-1500
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    • 2014
  • This paper presents the result of the estimation of the power interruption costs of Korean commercial customers. Commercial customers are usually located in urban areas and considered very important because a power interruption on them can expand to additional damage to related users. Their power interruption costs were calculated through a survey with the process of data selection. Also, the power interruption cost for each customer's business type was calculated and compared with that of foreign cases.

Forecasting Renewable Energy Using Delphi Survey and the Economic Evaluation of Long-Term Generation Mix (델파이 활용 신재생 에너지 수요예측과 장기전원 구성의 경제성 평가)

  • Koo, Hoonyoung;Min, Daiki
    • Journal of Korean Institute of Industrial Engineers
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    • v.39 no.3
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    • pp.183-191
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    • 2013
  • We address the power generation mix problem that considers not only nuclear and fossil fuels such as oil, coal and LNG but also renewable energy technologies. Unlike nuclear or other generation technologies, the expansion plan of renewable energy is highly uncertain because of its dependency on the government policy and uncertainty associated with technology improvements. To address this issue, we conduct a delphi survey and forecast the capacity of renewable energy. We further propose a stochastic mixed integer programming model that determines an optimal capacity expansion and the amount of power generation using each generation technology. Using the proposed model, we test eight generation mix scenarios and particularly evaluate how much the expansion of renewable energy contributes to the total costs for power generation in Korea. The evaluation results show that the use of renewable energy incurs additional costs.

A Study on Policy Alternatives for Major Changes in the Korea's Agricultural Energy System (우리나라 농업 에너지체계의 전환을 위한 정책대안 연구)

  • Jung, In-Whan;Ko, Soon-Chul
    • Journal of Agricultural Extension & Community Development
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    • v.11 no.2
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    • pp.251-265
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    • 2004
  • The agricultural sector's economic structure in Korea is regarded to encounter major barriers on the way toward revitalizing its economic prosperity. Among many, the energy-related problem is one of prime nuclei embedded in the country's agricultural sector. The ought-to-come structural changes in the country's agricultural energy system hinge upon the central government's policy direction as well as efforts of local governments and local farming community members. The indirect aids via 'cross subsidy' of electricity tariff rate and 'tax-exempt price' of oil fuels are two notable causes of the unsustainable energy consumption pattern in the country's agricultural sector. As measures, demand-side management(DSM) and energy-efficiency promotions are regarded to be the most attractive methods for energy conservation and economic productivity as well. Development of renewable energy sources are also receiving a great deal of attention for the long-term alternatives to the country's existing oil-based agricultural production mode. This study examines the contributive potential of DSM approaches and renewables-based technologies. With the critical evaluation on the concurrent adversities of the country's agricultural energy system, various sources of renewable energy-solar power, wind power, biomass, etc.-are examined for the purpose of technological and economical viability. As sufficient potentials of renewable energy sources are being estimated, both the system production cost and the installation cost for the county's rural areas are expected to lower in the long term. DSM options are also evaluated to be fruitful even in the short term. Both the public and civil arenas must galvanise each side's effort in order to promote these policy options and community potentials.

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