• Title/Summary/Keyword: energy supply and demand

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Comparative Analysis on the Economic Effects of Integrated-Energy and Manufactured Gas Supply Sectors (집단에너지 부문과 도시가스 부문의 경제적 파급효과 비교분석)

  • Park, So-Yeon;Lee, Kyoung-Sil;Yoo, Seung-Hoon
    • Journal of Energy Engineering
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    • v.23 no.2
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    • pp.83-92
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    • 2014
  • This paper attempts to conduct a comparative analysis on the economic effects of integrated-energy and manufactured gas supply sectors. To this end, an input-output (I-O) analysis is applied using most recently published 2011 I-O table. In particular, the two sectors are specified as exogeneous to identify the economic effects on own and other sectors. Production-inducing effect, value-added creation effect, and employment-inducing effect are quantified based on demand-driven model. Supply shortage effect and price pervasive effect are analyzed employing supply-driven model and Leontief price model, respectively. The results show that production-inducing effect, value-added creation effect, and employment-inducing effect of integrated-energy and manufactured gas supply sectors are estimated to be 1.5461 vs. 1.0297, 0.4759 vs. 0.1941, and 2.2885 vs. 0.4053 respectively. Price pervasive effects of the 10% increase in integrated-energy and manufactured gas supply sectors are computed to be 0.0127% and 0.1585%, respectively. This information can be utilized in forecasting the economic effects of introducing integrated-energy or manufactured gas as a heating source and the impacts of a rise in price of integrated-energy or manufactured gas on price level of other sectors.

Analysis of effect on power system considering the maximum penetration limit of wind power (풍력발전 한계운전용량에 대한 계통영향 분석)

  • Myung, Ho-San;Kim, Bong-Eon;Kim, Hyeong-Taek;Kim, Se-Ho
    • Journal of the Korean Solar Energy Society
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    • v.32 no.3
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    • pp.19-25
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    • 2012
  • About supply and demand to see that you need to match, the limitations of wind power capacity is low demand and the commitment of the general generator will exist between the minimum generation. if the turbine's output can be controlled, The limitation of wind power capacity will be adopted based on instant power generation. Namely, The minimum limits of wind power generation based load operation by calculating the amount that is higher than if the output should be restricted to highest operation. in this paper, we committed to the demand for low enough that the combination of the general generator of wind power capacity to accommodate the operation of determining whether the limit is intended to. For this, power system analysis program PSS/E was used, Jeju system by implementing the model simulations were performed.

A Comparative Analysis on the Role of the Oil Refinery Industry in the Korean and Japanese National Economy (한국 및 일본 정유산업의 국민경제적 역할 비교 분석)

  • Jin, Se-Jun;Ahn, So-Yeon;Yoo, Seung-Hoon
    • Journal of Energy Engineering
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    • v.25 no.4
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    • pp.37-52
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    • 2016
  • This study attempts to compare the role of the oil refinery industry in the Korean and Japanese national economy using an inter-industry analysis. First of all, the study conducts a comparative analysis on production-inducing effects and value-added creation effects of the oil refinery industry based on demand-driven model. Moreover, we investigate the supply shortage effects and sectoral pervasive effects of price change by using supply-driven model and Leontief price model, respectively. These analyses have been done by specifying the oil refinery industry as not endogenous but exogenous. The results show that1 won of production or investment in the oil refinery industry induces 0.2620 won and 0.6537 won of production in other industries of Korea and Japan, respectively. The former is less than the latter. It also creates 0.0946 won and 0.0536 won of value-added in other industries of Korea and Japan, respectively. The first is larger than the second. The effects of 1 won of supply shortage in oil refinery industry on other industries are computed to be 0.9657 won and 1.4476 won for Korea and Japan, respectively, and thus the former is smaller than the latter. Finally, the pervasive effects of 10% price change in oil refinery industry are estimated to be 0.3819% and 0.3409% in Korea and Japan, respectively, and thus the first is larger than the second.

An Investigation on Quantity of Unused Energy Using Temperature Difference Energy as Heat Source and Its Availability (온도차에너지를 열원으로 하는 미활용에너지의 부존량과 이용가능성에 관한 조사연구)

  • 박준택;장기창
    • Journal of Energy Engineering
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    • v.11 no.2
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    • pp.106-113
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    • 2002
  • While the demand for energy has shown a sharp increase recently, the supply seems to be limited by the fact that the conventional fossil fuel energy or nuclear energy has its own environmental problems such as, for example, global warming or nuclear waste disposal. To overcome such limited supply of energy, the utilization of natural thermal energy such as river water and sea water as well as treated sewage can be a substantial supplement. The potential use of the unused energy has become more and more feasible these days as the heat pump technology has been advanced. In the present study, the unused energy reserves are estimated on regional and monthly basis for each resource based on the method developed here in order to establish the base data for its utilization. The potential use of the unused energy is also discussed.

The Forecasting Model of the Change in Food Balance and Nutrient Intake under the Economic Growth (경제성장에 따른 식품수급 및 영양소 섭취 변화의 예측 모형)

  • Lee, Jong-Mee
    • Journal of the Korean Society of Food Culture
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    • v.5 no.4
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    • pp.481-485
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    • 1990
  • This study is designed to forecast the characteristics in food consumption patterns under per capita GNP growth. Ordinary least square(OLS)method was employed as analyzing technique. Equation was $Y=a_0+a_1X$, in which X was per capita GNP and Y were Engel coefficient, food supply, energy supply, nutrient intake and ratio of self-supply of food. The result obtained indicates that the intake of nutrient such as protein and fat will be increased, and wheat, corn and legume are expected to be imported wholly due to lower ratio of self-supply, and rice will be over-supplied continually. Therefore, the relevant policy of government must be established in the field of supply and demand of food, and the research of sound national health should be done.

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Feasibility Analysis of Alternative Electricity Systems by 2030 in the Post-Fukushima Era

  • Park, Nyun-Bae;Lee, Sanghoon;Han, Jin-Yi;Jeon, Eui Chan
    • Asian Journal of Atmospheric Environment
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    • v.8 no.1
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    • pp.59-68
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    • 2014
  • The Fukushima nuclear accident in 2011 had an extensive impact on the national electricity plans. This paper outlines alternative electricity scenarios that meet the goals of nuclear phase-out and greenhouse gas (GHG) emission reduction. This paper also analyzes the results of each scenario in respect to the electricity mix, GHG emissions, costs and employment effects. The Long-range Energy Alternatives Planning system (LEAP) model was used to simulate the annual electricity demand and supply system from 2011 to 2030. The reference year was 2009. Scenarios are reference (where existing plans are continued), A1, A2, B1, B2, and C2 (where the levels of demand management and nuclear phase-out are different). The share of renewable energy in the electricity mix in 2030 for each scenario will be increased from about 1% in 2009 to 8% in the reference scenario and from 11% to 31% in five alternative scenarios. Total cumulative cost increases up to 14% more than the reference scenario by replacing nuclear power plants with renewable energy in alternative scenarios could be affordable. Deploying enough renewable energy to meet such targets requires a roadmap for electricity price realization, expansion of research, development and deployment for renewable energy technologies, establishment of an organization dedicated to renewable energy, and ambitious targets for renewable energy.

A Study on the Energy Policy to Respond to the Climate Change in Germany (I) (독일의 기후변화에 대응한 에너지정책에 관한 고찰 (I))

  • Ahn, Young-Jin
    • Journal of the Economic Geographical Society of Korea
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    • v.16 no.1
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    • pp.135-148
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    • 2013
  • This paper attempts to explain the energy policy to respond to climate change that is debated in recent years. Especially by the case of Germany among developed countries, the study investigates the direction, strategy and measure of energy policy which are implemented at the national level. The Energy policy of Germany revealed through this study will provide implications for the establishment and propulsion of the energy policy trying to overcome the crisis of energy resources and reduce greenhouse gas emissions. Firstly, this study reviews Germany's supply and consumption of energy and trends of greenhouse gas emission, and secondly discusses the process of the historical development of Germany's energy policy.

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Demand Shifting or Ancillary Service?: Optimal Allocation of Storage Resource to Maximize the Efficiency of Power Supply (Demand Shifting or Ancillary Service?: 효율적 재생발전 수용을 위한 에너지저장장치 최적 자원 분배 연구)

  • Wooyoung Jeon
    • Environmental and Resource Economics Review
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    • v.33 no.2
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    • pp.113-133
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    • 2024
  • Variable renewable energy (VRE) such as solar and wind power is the main sources of achieving carbon net zero, but it undermines the stability of power supply due to high variability and uncertainty. Energy storage system (ESS) can not only reduce the curtailment of VRE by load shifting but also contribute to stable power system operation by providing ancillary services. This study analyzes how the allocation of ESS resources between load shifting and ancillary service can contribute to maximizing the efficiency of power supply in a situation where the problems caused by VRE are becoming more and more serious. A stochastic power system optimization model that can realistically simulate the variability and uncertainty of VRE was applied. The analysis time point was set to 2023 and 2036, and the optimal resource allocation strategy and benefits of ESS by varying VRE penetration levels were analyzed. The analysis results can be largely summarized into the following three. First, ESS provides excellent functions for both load shifting and ancillary service, and it was confirmed that the higher the reserve price, the more limited the load shifting and focused on providing reserve. Second, the curtailment of VRE can be a effective substitute for the required reserve, and the higher the reserve price level, the higher the curtailment of VRE and the lower the required amount of reserve. Third, if a reasonable reserve offer price reflecting the opportunity cost is applied, ESS can secure economic feasibility in the near future, and the higher the proportion of VRE, the greater the economic feasibility of ESS. This study suggests that cost-effective low-carbon transition in the power system is possible when the price signal is correctly designed so that power supply resources can be efficiently utilized.

A Study on the Performance Evaluation of Recirculation System for Individual Hot Water Supply System in Residential Buildings (주거건물의 개별급탕방식 환탕배관 적용에 따른 급탕성능 평가에 관한 연구)

  • Cha, Min-Chul;Yeo, Myoung-Souk;Seok, Ho-Tae
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.19 no.12
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    • pp.857-864
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    • 2007
  • In the current residential building, hot water supply system consumes the second largest energy in order to make the thermal comport condition of residential space. The more residential environment improves the more the demand for hot water and water consumption is increasing gradually. So this study examines the possibility of applying the recirculation for individual hot water supply system compared with the existing method for waiting time for hot water, wasted water and energy consumption. The results are as follows. (1) In case of recirculation system method the waiting time for hot water can be reduced up to $69\sim85%$ in spring and fall period and so dose up to $77\sim85%$ in winter period. (2) The total wasted water has a little change compared with the existing method which can make the total wasted water reduced about $77\sim86%$. (3) The efficiency of hot water supply system can be improved, if the method which blocks the inflow of cold water is applied, when return pump is operated to recirculate hot water in recirculation system.