• Environmental and Resource Economics Review
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• v.14 no.4
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• pp.817-838
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• 2005

In this paper, the resource adequacy as well as the optimum fuel mix is obtained by the following procedures. First, the regulation body, the government agency, determine the reliability index as well as the optimum portfolio of the fuel mix during the planning horizon. Here, the resources with the characteristics of public goods such as demand-side management, renewable resources are assigned in advance. Also, the optimum portfolio is determined by reflecting the economics, environmental characteristics, public acceptance, regional supply and demand, etc. Second, the government announces the required amount of each fuel-type new resources during the planning horizon and the market participants bid to the government based on their own estimated fixed cost. Here, the government announces the winners of the each auction by plant type and the guaranteed fixed cost is determined by the marginal auction price by plant type. Third, the energy market is run and the surplus of each plant except their cost (guaranteed fixed cost and operating cost) is withdrew by the regulatory body. Here, to induce the generators to reduce their operating cost some incentives for each generator is given based on their performance. The performance is determined by the mechanism of the performance-based regulation (PBR). Here the free-riding performance should be subtracted to guarantee the transparent competition. Although the suggested mechanism looks like very regulated one, it provides two mechanism of the competition. That is, one is in the resource construction auction and the other is in the energy spot market. Also the advantages of the proposed method are it guarantee the proper resource adequacy as well as the desired fuel mix. However, this mechanism should be sustained during the transient period of the deregulation only. Therefore, generation resource planning procedure and market mechanisms are suggested to minimize possible stranded costs.

• Korean Chemical Engineering Research
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• v.58 no.3
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• pp.396-407
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• 2020

As fossil fuels are depleted worldwide, alternative resources is required to replace fossil fuels, and biofuels are in the spotlight as alternative resources. Biofuels are produced from biomass, which is a renewable resource to produce biofuels or bio-chemicals. Especially, in order to substitute fossil fuels, the research focusing the biofuel (biodiesel) production based on CO₂ and biomass achieves more attention recently. To produce biomass-based biodiesel, the development of a supply chain network is required considering the amounts of feedstocks (ex, CO₂ and water) required producing biodiesel, potential locations and capacities of bio-refineries, and transportations of biodiesel produced at biorefineries to demand cities. Although many studies of the biomass-based biodiesel supply chain network are performed, there are few types of research handled the uncertainty in CO₂ supply which influences the optimal strategies of microalgae-based biodiesel production. Because CO₂, which is used in the production of microalgae-based biodiesel as one of important resources, is captured from the off-gases emitted in power plants, the uncertainty in CO₂ supply from power plants has big impacts on the optimal configuration of the biodiesel supply chain network. Therefore, in this study, to handle those issues, we develop the two-stage stochastic model to determine the optimal strategies of the biodiesel supply chain network considering the uncertainty in CO₂ supply. The goal of the proposed model is to minimize the expected total cost of the biodiesel supply chain network considering the uncertain CO₂ supply as well as satisfy diesel demands at each city. This model conducted a case study satisfying 10% diesel demand in the Republic of Korea. The overall cost of the stochastic model (US$ 12.9/gallon·y) is slightly higher (23%) than that of the deterministic model (US$ 10.5/gallon·y). Fluctuations in CO₂ supply (stochastic model) had a significant impact on the optimal strategies of the biodiesel supply network.

• Current Photovoltaic Research
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• v.8 no.3
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• pp.67-78
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• 2020

A novel energy production system which has fascinated a wide consideration because of its several benefits that are called floating photovoltaic technology (FPVT). The FPVT system that helps to minimize the evaporation of water as well as an increase in energy production. For the research purposes, both electrical and mechanical structure requires studying of these systems for the development of FPVT power plants. From different points of views, numerous researches have been directed on FPVT systems that have evaluated these systems. The present research article give a logical investigation and up to date review that shows the different features and components of FPVT systems as an energy production system is offered. This articles reviewing the FPVT that gets the attention of the scientists who have the investigational stage and involuntary inspection of FPVT systems in addition to influence of implementing these systems on the water surface. Also, a comprehensive comparison has been constructed that shows the cons and pros of various types of solar systems that could be installed in various locations. In this review, it has been found that solar energy on the roof of a dwelling house generally has a power of 5 to 20 kW, while the inhabitants of commercial buildings generally have a power of 100 kW or more. The average power capacity of a floating solar panel is 11% more of the average capacity of a solar panel installed on the ground. Studies show that 40% of the water in open reservoirs is lost through evaporation. By covering only 30% of the water surface, evaporation can be reduced by 49%. The global solar panel market exceeds 100 GW and the capacity of 104 GW will bring the annual growth rate to 6%. In 2018, the world's total photovoltaic capacity reached 512 GW, an increase of 27% compared to the total capacity and about 55% of the renewable resources newly created that come from photovoltaic systems. It has been also predicted by this review that in 2025 the Solar technology including the FPVT system will increase by 7.38% that is 485.4 GW more of today installed power worldwide.

• Korean Chemical Engineering Research
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• v.54 no.5
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• pp.687-692
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• 2016

Biomass has been concerned as one of the alternative energy resources because it is renewable, abundant worldwide, eco-friendly, and carbon neutral. Quercus variabilis has been studied to understand pyrolysis reaction characteristics, and to evaluate the efficiency of bio-energy production from fast pyrolysis. Quercus variabilis were fast pyrolyzed in a bubbling fluidized bed reactor at various reaction conditions. The effects of pyrolysis temperature between $400^{\circ}C$ and $550^{\circ}C$ on product yields were investigated. The yield of bio-oil was changed between 36.98 wt% and 39.14 wt%, and those of gas yield was 33.40 and 36.96 wt% with increasing reaction temperature. The higher heating value (HHV) of bio-oil at $500^{\circ}C$ ($3.0{\times}U_{mf}$) was 20.18 MJ/kg. The gas compositions were similar for all reaction conditions such as CO, $CO_2$ and $CH_4$, and $CO_2$ selectivity was the highest (37.16~50.94 mol%). The bio-oil has high selectivities for furfural, phenol and their derivatives such as 1-hydroxy-2-propanone, 2-methoxy-phenol, 1,2-benzendiol, 2,6-dimethoxy-phenol.

• Journal of the Korean Solar Energy Society
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• v.37 no.1
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• pp.47-57
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• 2017

Solar energy is one of the important renewable energy resources. It can be used for air heating, hot water supply, heat source of desiccant cooling system and so on. And many researches for enhancing efficiency have been conducted because of these various uses of solar thermal energy. This study was performed to investigate the air heating performance of hybrid solar air-water heater that can heat air and liquid respectively or simultaneously and finding method for improving thermal performance of this collector. This collector has both liquid pipe and air channel different with the traditional solar water and air heater. Fins were installed in the air channel for enhancing the air heating performance of collector. Also air inlet & outlet temperature, ambient temperature and solar collector's inner part temperature were confirmed with different air velocity on similar solar irradiance. As a result, temperature of heated air was shown about $43^{\circ}C$ to $60^{\circ}C$ on the $30^{\circ}C$ of ambient temperature and thermal efficiency of solar collector was shown 28% to 73% with respect to air velocity. Also, possibility of improvement of thermal performance of this collector could be ascertained from the heat transfer coefficient calculated from this experiment. Thus, it is considered that the research for finding optimal structure of hybrid solar air-water heater for enhancing thermal performance might be needed to conduct as further study based on the method for improving air heating performance confirmed in this study.

• Transactions of the Korean Society of Mechanical Engineers B
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• v.40 no.9
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• pp.557-567
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• 2016

In this study, the optimal design of heat exchangers, including the evaporator and condenser of a solar-heating ocean thermal energy conversion (SH-OTEC), is investigated. The power output of the SH-OTEC is assumed to be 100 kW, and the SH-OTEC uses the working fluid of R134a and high-performance commercial tubes. The surface heat transfer area and the pressure drop were strongly dependent on the number of tubes, as well as the number of tube passes. To solve the reciprocal tendency between the heat transfer area and pressure drop with respect to the number of tubes, as well as the number of tube passes, a genetic algorithm (GA) with two objective functions of the heat transfer area (the capital cost) and operating cost (pressure drop) was used. Optimal results delineated the feasible regions of heat transfer area and operating cost with respect to the pertinent number of tubes and tube passes. Pareto fronts of the evaporator and condenser obtained from multi-objective GA provides designers or investors with a wide range of optimal solutions so that they can select projects suitable for their financial resources. In addition, the surface heat transfer area of the condenser took up a much higher percentage of the total heat transfer area of the SH-OTEC than that of the evaporator.

• Proceedings of the Korean Society of Grassland Science Conference
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• 2002.09b
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• pp.131-156
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• 2002

Although economically viable, the livestock industry is currently facing a number of challenging environmental problems and highly complex social issues, many of which are related to its size and geographically concentrated nature. Increased emphasis on environmental quality has also placed new demands on livestock producers to ensure that their production practices are in harmony with natural environment. In terms of sustainable agricultural systems, ruminants have served and will continue to serve a valuable role. They are particularly useful in converting vast renewable resources from rangeland, pasture, and crop residues or other by-product into food edible for human. With ruminants, land that is too poor or too erodable to cultivate becomes productive. Also, nutrients in by-products are utilized and do not become a waste-disposal problem. In Korea, however, native and dairy cattle production is not consistent with the advantageous roles of ruminant livestock in sustainable agricultural system because imported feed grains become the main basis for cattle raising. At present the ruminant livestock producers are heavily concentrated in and around the urban areas. About 75% of all the nation's cattle herds are kept on the outskirts of urban areas. As a result, the amount of pasture and forage land available per head of cattle is generally small. Furthermore, animals are raised in a cattle shed with high density. This situation is rather unfavorable for the national economic and environmental points of view As nation income increased, the demand for livestock products grew at an unforeseeable pace. But the pasture area involving in current utilization is tended to decrease during recent years. Based on the above figures more than 250,000 ha of pasture ought to be available for the present herd of cattle. It is obvious that these needs can scarcely be met with arable lands. Lands area for the establishment of new grassland have to be found in the hills and mountains which have not yet been used for crop framing or livestock. The development of extensive grasslands in the hill and woodland areas is now a declared aim. The starting point of the present work is the lack of knowledge of forage production and utilization in hill pasture and woodland in spite of indispensable necessity for livestock production in Korea. The importance of pastoral system in hill region and woodland is particularly emphasized in a standpoint of sustainable livestock production. Main chapter comprises the principle and techniques applicable for improving the utilization of hill pasture and woodland. We finally discussed the problems to solve and future works for a successful livestock production in hill and mountainous area in Korea.

• 한국무역상무학회:학술대회논문집
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• 2006.06a
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• pp.45-72
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• 2006

The Equator Principles are a set of voluntary environmental and social guidelines for ethical project finance. These principles commit banks and other signatories to not finance projects that fail to meet these guidelines. The principles were conceived in 2002 on an initiative of the International Finance Corporation and launched in 2003. Since then, dozens of major banks have adopted the Principles, and with these banks among them accounting for more than three quarters of all project loan market volume the Principles have become the de facto standard for all banks and investors on how to deal with potential social and environmental effects of projects to be financed. While regarding the Principles an important initiative, NGOs have criticised the Principles for not producing real changes in financing activities and for allowing projects to go through that should have been screened out by the Principles, such as the Sakhalin-II oil and gas project in Russia. In early 2006, a process of revision of the principles was begun. The Equator Principles state that endorsing banks will only provide loans directly to projects under the following circumstances: - The risk of the project is categorized in accordance with internal guidelines based upon the environmental and social screening criteria of the International Finance Corporation (IFC). - For all medium or high risk projects (Category A and B projects), sponsors complete an Environmental Assessment, the preparation of which must meet certain requirements and satisfactorily address key environmental and social issues. - The Environmental Assessment report addresses baseline environmental and social conditions, requirements under host country laws and regulations, applicable international treaties and agreements, sustainable development and use of renewable natural resources, protection of human health, cultural properties, and biodiversity, including endangered species and sensitive ecosystems, use of dangerous substances, major hazards, occupational health and safety, fire prevention and life safety, socio-economic impacts, land acquisition and land use, involuntary resettlement, impacts on indigenous peoples and communities, cumulative impacts of existing projects, the proposed project, and anticipated future projects, participation of affected parties in the design, review and implementation of the project, consideration of feasible environmentally and socially preferable alternatives, efficient production, delivery and use of energy, pollution prevention and waste minimization, pollution controls (liquid effluents and air emissions) and solid and chemical waste management. - Based on the Environmental Assessment, Equator banks then make agreements with their clients on how they mitigate, monitor and manage those risks through an 'Environmental Management Plan'. Compliance with the plan is required in the covenant. If the borrower doesn't comply with the agreed terms, the bank will take corrective action, which if unsuccessful, could ultimately result in the bank canceling the loan and demanding immediate repayment. - For risky projects, the borrower consults with stakeholders (NGO's and project affected groups) and provides them with information on the risks of the project. - If necessary, an expert is consulted. The Principles only apply to projects over 50 million US dollars, which, according to the Equator Principles website, represent 97% of the total market. In early 2006, the financial institutions behind the Principles launched stakeholder consultations and negotiations aimed at revising the principles. The draft revised principles were met with criticism from NGO stakeholders, who in a joint position paper argued that the draft fails by ignoring the most serious critiques of the principles: a lack of consistent and rigorous implementation.

• Journal of the Korean Applied Science and Technology
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• v.35 no.1
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• pp.247-253
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• 2018

To replace the imported biomass and to effectively cope with growing RPS(Renewable Portfolio Standard) in power sector, the domestic forest biomass resources for wood pellets were estimated from the preceding research and annual growth rate of forest trees in this study. Assuming that 20% of the by-product from forest trees processing were used as raw material for wood pellet and the wood pellet production capacity was based on the average value derived from the above two methods, unused by-product and residues generated 1.99million tons in 2016, 2.28million tons in 2020 and 3.08million tons in 2030. If 20% of by-products(pebbles, sawdust, etc.) from roundwood processing were used as raw material for wood pellets, the wood pellet could be produced 2.74million tons/year in 2016, 2.95million tons/year in 2020, 3.98million tons/year in 2030. Therefore, total amounts of wood pellet would be increased to 2.74million tons/year in 2016, 3.14million tons/year in 2020, 4.23million tons/year in 2030 when it considered unused by-product and residues from wood processing as raw materials.

• Fisheries and Aquatic Sciences
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• v.22 no.12
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• pp.31.1-31.12
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• 2019

Background: The black-chinned tilapia, Sarotherodon melanotheron, is the most abundant fish species in the Nakwa (an open lagoon) and Brenu (a closed lagoon) in the Central Region of Ghana. Aspects of the life history characteristics and the ecology of the fish populations in both lagoons were studied to assess the bio-ecological status of this important resource. Methods: Fish samples were obtained from fishermen that fish on the Nakwa and Brenu lagoons using cast, drag and gill nets. The age of the fish was assessed from otoliths analysis and its growth modelled following the von Bertalanffy growth function. Morphometric characteristics of the fish populations were analysed using power regression and ANOVA for parameters comparisons, and Student's t test to determine whether species grew isometrically. The percentage occurrence method was used to analyse the stomach contents of the fish. Results: A total of 382 fish samples from both lagoons were measured, comprising 209 from Nakwa lagoon and 176 from Brenu lagoon. The size and weight of fish samples ranged between 3.9-11.5 cm total length and 1.0-27.3 g for Nakwa Lagoon and 5.6-12.8 cm total length and 3.2-29.8 g for the Brenu Lagoon. The estimated von Bertalanffy growth parameters were L∞ = 12.04 cm and K = 2.76/year for the Nakwa Lagoon samples and L∞ = 13.44 cm and K = 3.27/year for Brenu Lagoon samples. Daily otolith incremental rate ranged from 0.01-0.03 mm per day to 0.01-0.02 mm per day for Nakwa and Brenu lagoons, respectively. Stomach content analysis of the fish samples revealed that the species are planktivorous and the range of food varied between the lagoons. Green algae were the most prevalent food item in the stomachs of the fish samples from Nakwa with the frequency of 69% whilst diatoms (80.5%) were most prevalent phytoplanktonic food item for the fish in Brenu lagoon. Conclusions: The estimates of asymptotic length for the species in both lagoons are close to known values of the species length at first sexual maturity and points to intensive fishing pressure. As a consequence, a comprehensive sample-based survey is required in both lagoons to derive estimates of management reference points. The results of the stomach content analysis are beneficial to the construction of diet matrix for ecosystem models of the two systems.