By Seiji Ikkatai, Haruki Tsuchiya (auth.), Takeshi Yao (eds.)
Since 2008, the worldwide heart of Excellence (COE) at Kyoto college, Japan, has been engaged in a application referred to as “Energy technological know-how within the Age of world Warming—Toward a CO2 Zero-Emission strength System.” Its objective is to set up a global schooling and learn platform to foster educators, researchers, and coverage makers who can advance applied sciences and suggest regulations for constructing a CO2 zero-emission society now not depending on fossil fuels. it really is renowned that the power challenge can't easily be categorised a technological one, because it is usually deeply concerned with social and financial matters. The institution of a “low-carbon power technological know-how” as an interdisciplinary box integrating social sciences with ordinary sciences is critical. the worldwide COE is starting up a zero-emission know-how roadmap and is selling socioeconomic reviews of power, experiences of recent applied sciences for renewable energies, and learn for complex nuclear power. It has additionally tested the worldwide COE Unit for power technology schooling to aid younger researchers as they observe their talents and information and a vast foreign standpoint to reply to problems with strength and the surroundings in our societies. Comprising the court cases of the 3rd foreign Symposium of the worldwide COE application, this ebook follows at the prior volumes Zero-Carbon strength Kyoto 2009 and 2010, released in March 2010 and February 2011, respectively.
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Example text
1093 (group 18). Meanwhile the cross price elasticity (gas and petroleum product) exhibits both positive and negative values, which explain substitute and complementary effect of the other energy prices (gas or petroleum product), respectively. For most of the industry, the sign of gas price indicates that it is a complement while the sign of oil price is mixed. For the parameter estimates of the coefficient of the number of 2 The complete estimation results are available upon request to the author.
Keywords Fixed effect • Industrial sector • Panel model • Power demand • Price elasticity of demand Z. Yurnaidi • J. Ku • S. kr T. 1007/978-4-431-54067-0_4, # Springer 2012 47 48 Z. Yurnaidi et al. 1 Introduction The price elasticity of demand is defined as the measure of percentage change of demand when price changes in 1%. It is important to get the proper estimates of this to better understand the behavior of consumers in power market. In this paper we design an econometric model to analyze the monthly electricity power demand in Korea.
The exception is the project of LNG marine transportation, where the ROR is taken equal to 10% as in the world in average. 22 59 Project LNG 479 $/1,000 m3 to Vladivostok is about 4,383 km, while the distance between Sakhalin III and Vladivostok is only about 1,890 km. In Table 2 the BEPs of international gas transportation by pipeline (BEPPNG tr ) and as LNG ðBEPLNG Þ, which are necessary for calculating the final prices of PNG and tr LNG by (8) and (9) are given. Table 3 shows the results of calculation of the final minimum prices gas in Korea by the project in USD per 1,000 m3 of gas and in USD per MBtu for the further comparison purpose with the projected price of oil at the same energy basis.