Impact on energy mix incorporated with nuclear energy by the Coronavirus Disease 2019 (COVID-19) for the post-Corona era in the case of South Korea

It is analyzed for the energy pattern affected by the social matters of the disease trend where the epidemic behavior is significantly important to present the prospect especially for the epidemic of the Coronavirus Disease 2019 (COVID-19). In this work, there are three kinds of data for the modelin...

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Main Authors: Kyung Bae Jang, Chang Hyun Baek, Soo Hyun Ko, Tae Ho Woo
Format: Article
Language:English
Published: Elsevier 2022-01-01
Series:Energy Strategy Reviews
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2211467X21001838
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author Kyung Bae Jang
Chang Hyun Baek
Soo Hyun Ko
Tae Ho Woo
author_facet Kyung Bae Jang
Chang Hyun Baek
Soo Hyun Ko
Tae Ho Woo
author_sort Kyung Bae Jang
collection DOAJ
description It is analyzed for the energy pattern affected by the social matters of the disease trend where the epidemic behavior is significantly important to present the prospect especially for the epidemic of the Coronavirus Disease 2019 (COVID-19). In this work, there are three kinds of data for the modeling where the power transactions, power plant type, and pandemic data are considered by the energy mix of South Korea. The COVID-19 based modeling for Electricity and Nuclear Energy vs. Energy shows that the energy trend decreases until 16.50th week and then it is in the peak point at 32.50th week. Otherwise, the nuclear energy trend decreases until 11.50th week and then it is in the peak point at 27.50th week. The nuclear energy trend increases after 44.25th week. So, the nuclear energy has a better prospect in energy markets. Therefore, the characteristics of an energy source can make an important impact on the market.
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spelling doaj.art-dde04147455044d9a475826e7bb2d6a22022-12-21T19:45:21ZengElsevierEnergy Strategy Reviews2211-467X2022-01-0139100800Impact on energy mix incorporated with nuclear energy by the Coronavirus Disease 2019 (COVID-19) for the post-Corona era in the case of South KoreaKyung Bae Jang0Chang Hyun Baek1Soo Hyun Ko2Tae Ho Woo3Department of Mechanical and Control Engineering, The Cyber University of Korea, 106 Bukchon-ro, Jongno-gu, Seoul 03051, Republic of KoreaDepartment of Mechanical and Control Engineering, The Cyber University of Korea, 106 Bukchon-ro, Jongno-gu, Seoul 03051, Republic of KoreaDepartment of Mechanical and Control Engineering, The Cyber University of Korea, 106 Bukchon-ro, Jongno-gu, Seoul 03051, Republic of KoreaCorresponding author.; Department of Mechanical and Control Engineering, The Cyber University of Korea, 106 Bukchon-ro, Jongno-gu, Seoul 03051, Republic of KoreaIt is analyzed for the energy pattern affected by the social matters of the disease trend where the epidemic behavior is significantly important to present the prospect especially for the epidemic of the Coronavirus Disease 2019 (COVID-19). In this work, there are three kinds of data for the modeling where the power transactions, power plant type, and pandemic data are considered by the energy mix of South Korea. The COVID-19 based modeling for Electricity and Nuclear Energy vs. Energy shows that the energy trend decreases until 16.50th week and then it is in the peak point at 32.50th week. Otherwise, the nuclear energy trend decreases until 11.50th week and then it is in the peak point at 27.50th week. The nuclear energy trend increases after 44.25th week. So, the nuclear energy has a better prospect in energy markets. Therefore, the characteristics of an energy source can make an important impact on the market.http://www.sciencedirect.com/science/article/pii/S2211467X21001838EnergyCOVID-19PandemicTrendDemand
spellingShingle Kyung Bae Jang
Chang Hyun Baek
Soo Hyun Ko
Tae Ho Woo
Impact on energy mix incorporated with nuclear energy by the Coronavirus Disease 2019 (COVID-19) for the post-Corona era in the case of South Korea
Energy Strategy Reviews
Energy
COVID-19
Pandemic
Trend
Demand
title Impact on energy mix incorporated with nuclear energy by the Coronavirus Disease 2019 (COVID-19) for the post-Corona era in the case of South Korea
title_full Impact on energy mix incorporated with nuclear energy by the Coronavirus Disease 2019 (COVID-19) for the post-Corona era in the case of South Korea
title_fullStr Impact on energy mix incorporated with nuclear energy by the Coronavirus Disease 2019 (COVID-19) for the post-Corona era in the case of South Korea
title_full_unstemmed Impact on energy mix incorporated with nuclear energy by the Coronavirus Disease 2019 (COVID-19) for the post-Corona era in the case of South Korea
title_short Impact on energy mix incorporated with nuclear energy by the Coronavirus Disease 2019 (COVID-19) for the post-Corona era in the case of South Korea
title_sort impact on energy mix incorporated with nuclear energy by the coronavirus disease 2019 covid 19 for the post corona era in the case of south korea
topic Energy
COVID-19
Pandemic
Trend
Demand
url http://www.sciencedirect.com/science/article/pii/S2211467X21001838
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