Sustainability

KOGAS, the world’s leading importer of liquefied natural gas (LNG), is set to explore the possibility of blending hydrogen with natural gas in its expansive gas pipeline network. The two-year project, which is a joint effort with DNV, will examine the suitability of KOGAS’ 5,000-kilometre-long transmission network for hydrogen blending. DNV will provide technical support and advisory services to KOGAS on the project, including assistance in meeting the requirements of South Korea’s regulatory au

The Ondol heating system is one of the oldest heating systems in the world and has been a prominent feature of traditional Korean homes for centuries. It is a unique form of underfloor heating that uses direct heat transfer from smoke generated by woodstoves or outdoor furnaces to heat the underside of the floor in the adjacent room, allowing for more efficient use of heat. The environmental and societal effects of Ondol, a traditional Korean heating system, have been a topic of concern. Accord

Hydrogen has emerged as a promising solution to the challenges of decarbonizing some of the most carbon-intensive sectors, such as heavy industry, long-haul transportation, and seasonal energy storage. However, not all hydrogen is created equal, and its sustainability and environmental benefits depend on the method used to produce it. Hydrogen is the lightest and most abundant chemical element in the universe, making up 75% of all matter. However, it does not exist in its pure form in nature, b

The historic Pier 1 of Busan Port in South Korea is at the center of a debate over whether it should be granted cultural heritage status. The pier has played a significant role in Busan's history, serving as a transportation hub for migration, trade, and Japan's invasion of Korea. During the Korean War, it was a crucial site for transporting refugees and war materials. The pier's cultural significance is intertwined with Busan's economy, labor, and migration, making it an integral part of the ci

Busan City in South Korea has made a commitment to reduce greenhouse gas emissions and practice carbon-neutral living in the public sector, with the aim of becoming a "2050 Carbon Neutral Leading City." The city has expanded its "Emissions Trading System and Greenhouse Gas and Energy Target Management System" to include invested and acting organizations, in addition to administrative agencies and public corporations. There are 19 invested and funded organizations in Busan, including the Busan R

Behavioral economics integrates ideas from other disciplines to understand human decision-making and behavior. Consumers are multifaceted, and comprehending their choices is difficult. To be effective in marketing, you must understand what motivates people and be able to properly predict their behavior. Traditional economic theory holds that decision-makers make optimal decisions based on complete rationality, selfishness, and stable tastes. That is, whenever we are faced with a decision, we p