• Journal of the Korean Society of Marine Environment & Safety
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• v.19 no.2
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• pp.225-231
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• 2013

Liquefied gas carriers generally transport cargoes of flammable or toxic nature. Since these cargoes may cause an explosion, fire or human casualty, the accommodation spaces, service spaces and control stations of liquefied gas carriers should be so located as to avoid ingress of gas. For this reason, the paragraph 8.2.9 of IGC Code in IMO requires that the height of vent exits should be not less than B/3 or 6 m whichever is greater, above the weather deck and 6 m above the working area and the fore and aft gangway to prevent any concentration of cargo vapor or gas at such spaces. Besides as known, the LNG market has been growing continually, which has led to LNG carriers becoming larger in size. Under this trend, the height of a vent will have to be raised considerably since the height of a vent pipe is generally decided by a breadth of a corresponding vessel. Accordingly, we have initiated an examination to find an alternative method which can be used to determine the safe height of vent masts, instead of the current rule requirement. This paper describes the dispersion characteristics of boil-off gas spouted from a vent mast under cargo tank cool-down conditions in the membrane type LNG carriers.

• Korean System Dynamics Review
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• v.4 no.1
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• pp.33-53
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• 2003

How to maintain the optimal electric power generation mix is one of the important problems in electric power industry. The objective of this study is to develop a computer model which can be used to forecast the investment in power generation unit by the plant owners after restructuring of electric power industry. Restructuring of electric power industry will make difference in decision making process of investment in power generation unit. After Privatiazation of Power Industry, Gencos will think that profit is the most important factor among all others attracting the investment in the industry. Coal power generation is better than LNG CCGT in terms of profit. However, many studies show that LNG CCGT will be main electric power generation source because the rest of factors other than profit in LNG CCGT are superior than Coal power generation. Because the nst of factors other than profit in LNG CCGT are superior than Coal power generation. The impacts of the various government policies can be analyzed using the computer model, thus the government can formulate effective policies for achieving the desired electric power generation mix.

• Journal of the Korean Society for Nondestructive Testing
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• v.29 no.2
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• pp.162-170
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• 2009

As one of promising solutions to overcome high oil price and energy crisis, the construction market of high value-added LNG plants is spotlighted world widely. The purpose of this manuscript is to introduce domestic activities to develop risk assessment technology against overseas monopolization. After analyzing relevant specific features and their technical levels, risk assessment program, non-destructive reliability evaluation strategy and safety criteria unification class are derived as core technologies. These IT-based convergence technologies can be used for enhancement of LNG plant efficiency, in which the modular parts are related to a system with artificial optimized algorithms as well as diverse databases of facility inspection and diagnosis fields.

• Special Issue of the Society of Naval Architects of Korea
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• 2008.09a
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• pp.16-28
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• 2008

Recent growth in LNG market has led dramatic increase in new buildings of LNG carriers and several large LNG carriers are now being constructed by shipbuilders in Korea. Large size LNG carriers has brought keen concerns on the issue regarding safety of cargo containment systems and sloshing impact load which is the critical source of loads on the membrane type containment systems. Up to the present, the best way to properly assess sloshing impact pressures on surrounding walls is a model testing for wide-ranged excitation conditions. These impact pressures obtained from model tests sometimes need to be interpreted to full-scale values and in the near future this necessity will be strengthened for more rigorous and direct safety assessment of LNG cargo containment system. In this paper, a basic experimental study is carried out with two different sized, 2D identically shaped model tanks excited in simple translational motions. Relationships between pressures of different sized model tanks are investigated Model tanks are filled with fresh water and equipped with same sized pressure sensors.

• Environmental and Resource Economics Review
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• v.23 no.4
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• pp.617-641
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• 2014

Korean electricity market is a Cost-Based Pool (CBP) designed to minimize electricity production cost through cost by providing cost reduction incentives to generators. Generation companies have shown diverse efforts to reduce costs in CBP market such as procuring low-price fuels, installing high efficiency gas turbine and constructing power plants near the heavy-load site. Recently, as a way to improve CBP market, a proposal to exclude no-load cost from System Marginal Price (SMP) and to compensate generators ex post was suggested to Korea Power Exchange. This study analyzes the impact of excluding no-load cost from SMP on the cost reduction incentive of generators. We found that excluding no-load cost from SMP enhances the likelihood of decreasing the cost reduction incentives of LNG combined-cycle generators lying on the price-setting range.

• 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.

• IE interfaces
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• v.17 no.3
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• pp.269-281
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• 2004

How to maintain the optimal electric power generation mix is one of the important problems in electric power industry. The objective of this study is to develop a computer model which can be used to forecast the investment in power generation unit by the plant owners after restructuring of electric power industry. Restructuring of electric power industry will make difference in decision making process of investment in power generation unit. After Privatiazation of Power Industry, Gencos will think that profit is the most important factor among all others attracting the investment in the industry. Coal power generation is better than LNG CCGT in terms of profit. However, many studies show that LNG CCGT will be main electric power generation source because the rest of factors other than profit in LNG CCGT are superior than Coal power generation. The impacts of the various government policies can be analyzed using the computer model, thus the government can formulate effective policies for achieving the desired electric power generation mix.

• Journal of the Korean GEO-environmental Society
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• v.8 no.3
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• pp.11-18
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• 2007

This paper studied the economical efficiency of ground source heat pump system under various conditions in apartments which have important effects on the housing market. And this study analysed the initial cost increase, saved managing cost and recovery time of initial cost. Analysis result showed as time of heating-cooling and water heating increases, the amount of saved managing cost increased much than the initial construction cost, so recovery time shortened. And as the net area of apartment increases, the recovery time increased. The study of the relation between the installation type and recovery time of initial construction cost showed when heat-cooling system adapted ground source heat and water heating system adapted waste heat, the initial construction cost was recovered most quickly. When Ground Source Heating system was used for the heating-cooling and water heating system, ground source heating system was used for the heating-cooling and waste heat used for water heating, and ground source heating system was used for the heating-cooling and LNG used for water heating, the construction cost increased 72,000, 66,900 and 62,300 won each per $m^2$ compared to the current system (package air-conditioner, heating and water heating using LNG).

• Journal of the Korean Institute of Gas
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• v.25 no.1
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• pp.30-39
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• 2021

Natural gas is globally emerging as an important energy source for environmental, political and regional reasons. In Korea, natural gas imported from oversea natural gas resources as a LNG, it is increased for an applications as a fuel and feedstock which replace the coal and nuclear energy. Because it is relied on the import market in Korea, it is very important to analyze the security for supply. Therefore, this study suggested a method for reducing supply risk and for providing stable supply and demand through risk analysis of Korea's import structure. In order to reduce the supply risk, the concentration of importing countries should be lowered and it is necessary to lower the proportion of countries with relatively low GSSI and increase the imports from Russia. Finally increasing the number of importing countries or maintaining friendly relations with countries where the supply is stable could give us the positive impact in terms of total GSSI.

• Environmental and Resource Economics Review
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• v.25 no.1
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• pp.113-140
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• 2016

Achieving the two goals of providing stable remuneration and promoting market based incentive for generation capacity with only one kind of capacity price is a difficult proposition. This paper suggests a market design in which two different kinds of capacity prices are used to achieve these goals. It maintains the current capacity price that is determined administratively based on the fixed cost of the gas-turbine generator. A second capacity price is added that covers generators with higher fixed costs and lower fuel costs such as combined-cycle gas turbine, coal-powered, and nuclear generators. This second capacity price is conditional on a lower energy price ceiling and determined by the interaction of the market supply and a demand schedule derived from the optimal fuel mixed principle.