• Journal of Climate Change Research
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• v.3 no.4
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• pp.271-280
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• 2012

The study aims to analyze economic viability of Integrated Gasification Combined Cycle, an innovative technology to utilize clean coal effectively and efficiently in the era of energy crisis. The study is conducted to evaluate business value of 300 MW IGCC demonstration plant technology development based on binomial option, in consideration of uncertainty of fuel price. Binomial option is one of the real option valuation methods, which is ideally suited to irreversible decision making under uncertainty. With this analysis, it shows that investment value is higher compared with economic evaluation based on discounted cash flow, since this method can measure quantity. As a result, this study is proved to be economically feasible, which have a positive impact on the next generation of IGCC and the connection with Carbon Capture and Storage.

• Korean Journal of Agricultural Science
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• v.47 no.4
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• pp.951-962
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• 2020

One hundred ninety-five countries reached agreement on a new climate treaty in Paris, France to reduce the carbon emissions. South Korea has been selected as a target country for reducing greenhouse gas (GHG) obligations since 2020. In this context, the Korean government developed several GHG emissions reduction programs using forests called the "Forest carbon offset scheme (FCOS)." The forest management method is one of the tools to implement FCOS. Most of the participants registered forest management as the preferred methodology to participate in the FCOS. For a successful implementation of the FCOS, it is necessary to explore the optimal methods by considering the cost-effective aspect of conducting the forest management as a tool to increase carbon absorption. In this context, this study investigated the value optimized FCOS projects based on the forest management methodology in South Korea. Three forest management scenarios, 1) extending the final age of maturity of Pinus densiflora stands (S1), 2) extending the final age of maturity of Quercus acutissima stands (S2), and 3) reforestation with new species (Pinus densiflora to Quercus acutissima) (S3), were examined and evaluated to identify the optimal carbon absorption and value optimized economic perspective. The results of the scenario-based modelling indicated that S3 showed value optimized from an economical perspective, and S2 was the most effective method to absorb carbon among the scenarios. It is anticipated that this paper will contribute to provide valuable information by presenting innovative approaches as a value optimized FCOS implementing tool in a GHG reduction program in South Korea.

• The Journal of Industrial Distribution & Business
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• v.11 no.10
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• pp.7-16
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• 2020

Purpose: It suggests that making a policy and strategies in a way of AI and its impact of commercialization on economic efficiency, social custom ethics. Research design, data, and methodology: The paper has analyzed the data based on the proposed model when derived as AI vs. FI job, etc. It is very different for each professional evaluation, which is artificial intelligence or robot job. One concept case was selected as a substitute job, with a relatively low level of occupation ability, such as direct labors, easily replaced. By the induction data has resulted in modeling. Results: The paper suggests that AI at high level become something how to make real decisions on ethical value modeling. Through physical simulation with the deduction data, it can be tuned to design and control what has not been solved, from human senses to climate. Conclusion: For the exploiting of new AI decision-making jobs in markets, the deduction data is possible to prove to AI's Decision-making that the percentage who can easily have different leadership as is different for each person. what is generated by some information silos may be applied to occupation societies. The empirical results indicate the deduction data that if AI determines ethical decisions (VC) for that modifications, it may replace future jobs.

• Atmosphere
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• v.22 no.2
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• pp.279-285
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• 2012

The weighing precipitation gauge with auto-empting capability was developed in the R&D project organized by the Research Agency for Climate Science (RACS) and supported by the Korea Meteorological Administration (KMA). This project was initiated in line with the KMA's plan executed since 2010 to introduce the weighing precipitation gauges partly into of their Automatic Weather Station (AWS) network in order to upgrade the quality of precipitation data. The innovative feature of this research is that the auto-empting in weighing precipitation gauge is realized by abrupt rotation of receiving container. The prototype was tested in compliance with the relevant standards of KMA. The results of performance test on rainfall measurement in laboratory verified that the accuracies for 20 mm and 100 mm reference rainfall amount were 0.1 mm and 0.4 mm, respectively in both conditions of auto-empting and no-empting. During the rotation of container for auto-empting, the data was extrapolated smoothly by applying the same precipitation intensity of the previous 10 sec. Consequently, it was found that the auto-empting precipitation gauge developed in this research is quite enough to be used for the operational purpose of accurate measurement with 0.1 mm resolution, regardless of the precipitation intensity.

• The Research Journal of the Costume Culture
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• v.25 no.5
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• pp.708-717
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• 2017

Industrial innovation in Britain, during the eighteenth and nineteenth centuries, stimulated the introduction of the factory system and the migration of people from rural agricultural communities to urban industrial societies. The factory system brought elevated levels of economic growth to the purveyors of capitalism, but forced people to migrate into cities where working conditions in factories were, in general, harsh and brutal, and living conditions were cramped, overcrowded and unsanitary. Industrial developments, known collectively as the 'Industrial Revolution', were driven initially by the harnessing of water and steam power, and the widespread construction of rail, shipping and road networks. Parallel with these changes, came the development of purchasing 'middle class', consumers. Various technological ripples (or waves of innovative activity) continued (worldwide) up to the early-twenty-first century. Of recent note are innovations in digital technology, with associated developments, for example, in artificial intelligence, robotics, 3-D printing, materials technology, computing, energy storage, nano-technology, data storage, biotechnology, 'smart textiles' and the introduction of what has become known as 'e-commerce'. This paper identifies the more important early technological innovations, their influence on textile manufacture, distribution and consumption, and the changed role of the designer and craftsperson over the course of these technological ripples. The implications of non-ethical production, globalisation and so-called 'fast fashion' and non-sustainability of manufacture are examined, and the potential benefits and opportunities offered by new and developing forms of social media are considered. The message is that hand-crafted products are ethical, sustainable and durable.

• The Journal of Asian Finance, Economics and Business
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• v.5 no.4
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• pp.173-185
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• 2018

At a turn of the third millennium the world storms and quickly changes. It became difficult to expect what expects us tomorrow. The most important are questions of recovery from the crisis and rescue of mankind from forthcoming global changes: warming of climate, water and food problems, social, economic and political conflicts that are shaking the world and other various cataclysms, accidents, negative processes. It puts before mankind the problem which never solved by our civilization. All this is caused by ignoring of objective economic laws, laws of wildlife and also by violation of cyclic development management's laws. In article the concept of strategy of mankind's survival in XXI and next centuries, the principles of creation of planetary house of universal civilization for post-industrial world based on spirituality scientific and technological revolutions, ecology, space exploration, economy and world safety are considered. Introduction of uniform universal measurement of currency for the whole world in the form of "power" is offered. Important aspect of a research is theoretical postulate on integrated innovative society. The author puts forward a new paradigm of government on a basis of 5 spirals. The basic model of forced development of small and medium business, including 9 projects, is developed.

• Journal of the Korean earth science society
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• v.42 no.4
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• pp.390-400
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• 2021

Ocean biogeochemistry plays a crucial role in sustaining the marine ecosystem and global carbon cycle. To investigate the oceanic biogeochemical responses to iron parameters in the tropical Pacific, we conducted sensitivity experiments using the Nucleus for European Modelling of the Ocean-Tracers of Ocean Phytoplankton with Allometric Zooplankton (NEMO-TOPAZ) model. Compared to observations, the NEMO-TOPAZ model overestimated the concentrations of chlorophyll and dissolved iron (DFe). The sensitivity tests showed that with increasing (+50%) iron scavenging rates, chlorophyll concentrations in the tropical Pacific were reduced by approximately 16%. The bias in DFe also decreased by approximately 7%; however, the sea surface temperature was not affected. As such, these results can facilitate the development of the model tuning strategy to improve ocean biogeochemical performance using the NEMO-TOPAZ model.

• Nuclear Engineering and Technology
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• v.54 no.4
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• pp.1301-1311
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• 2022

Global climate change brings environmental quality sensitivity, especially in developed countries. Developed countries use non-renewable energy sources intensively both in their own countries and in other countries, they make productions that cause an enormous rate of increase in CO₂ emissions and unsustainable environmental costs. This has increased the interest in environmentally friendly alternative energy sources. The aim of this study is to investigate the impact of nuclear energy consumption and technological innovation on environmental quality in G7 countries using annual data over the period 1970-2015. The Panel Threshold Regression Model was used for the analysis. Empirical findings have indicated that the relationship between nuclear energy consumption and carbon emissions differs according to innovation for nuclear power plants. It was also concluded that nuclear energy consumption reduces carbon emissions more after a certain level of innovation. This result shows that the increase in innovative technologies for nuclear power plants not only increases energy efficiency but also contributes positively to environmental quality.

• Journal of Information Technology Services
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• v.21 no.6
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• pp.117-125
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• 2022

In respond to climate change caused by global environmental problems, countries around the world are actively promoting the advancement of new electricity industries. The new energy business is being applied to energy storage systems (ESS), electric vehicle charging business, and power demand response using cutting edge technologies. In 2022, the Korean government is also establishing a policy stance to foster new energy industries and making efforts to improve its responsiveness to power demand response with the innovative technologies. In Korea, attempts to commercialize energy power are also being made in the private and public sectors to control energy power in houses, buildings, and industries. For example, private companies, local governments, and central government are making all-out efforts to develop new energy industry models through joint investment. There are forms such as establishing energy-independent facilities by region, establishing an electric vehicle charging system, controlling urban lighting systems with Information technologies, and managing demand between power suppliers and power consumers. This study examined the business model applied with energy storage system, electric vehicle charging business, smart lighting, and power demand response based on information communication technology to examine the site where smart energy system was introduced. According to this study, company missions and government tasks are suggested to apply new energy business technologies as economical energy solutions that meet the purpose of use by region, industry, and company.

• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 2022.11a
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• pp.162-163
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• 2022

Maritime transportation is going to transfer to alternative fuels as a result of the worldwide demands toward decarbonization and tougher maritime emissions regulations. Methanol is considered as a potential marine fuel, which has the ability to reduce SOx and CO₂ emissions, reduce climate change effects, and achieve the objective of green shipping. This work proposes and combines the innovative combination system of direct methanol solid oxide fuel cells (SOFC), proton exchange membrane fuel cells (PEMFC), gas turbines (GT), and organic Rankine cycles (ORC) for maritime vessels. The system's primary power source is the SOFC, while the GT and PEMFC use the waste heat from the SOFC to generate useful power and improve the system's ability to use waste heat. Each component's thermodynamics model and the combined system's model are established and examined. The multigeneration system's energy and exergy efficiency are 76.2% and 30.3%, respectively. When compared to a SOFC stand-alone system, the energy efficiency of the GT and PEMFC system is increased by 19.2%. The use of PEMFC linked SOFC has significant efficiency when a ship is being started or maneuvered and a quick response from the power and propulsion plant is required.