The competitiveness of Korea as a developer of hydrogen energy technology: The AHP approach

03/09/08

Permalink 11:02:38 am, by damageva Email , 292 words, 96 views   English (US)
Categories: Energy, Asia, Companies,CSR,Business,Finance, Academic Study/Journal Article, Economic Development, Costs and Benefits

The competitiveness of Korea as a developer of hydrogen energy technology: The AHP approach

Abstract: Korea's need for energy conservation and alternative energy is greater than for any other nation. Korea imports more than 97% of its total energy consumption and ranks 10th in the world in terms of energy consumption. Developing hydrogen energy technology has great potential to cope with Korea's energy security and to establish Korea's hydrogen economy. In this study, we analysed the potential of Korea to be competitive in development of hydrogen energy technology using the analytic hierarchy process (AHP) approach. In this paper, two scenario analyses are presented: in the first, the R&D budget is a criterion and in the second it is not. The results show that Korea is the sixth most competitive nation because of the low score for infrastructure required for hydrogen technology. In addition, compared with US results for both scenarios, patents, papers and proceedings, R&D budgets, and infrastructure for hydrogen technology are inferior to the US, which is ranked in first place for this sector. Korean policymakers have to concentrate on those sectors to strengthen Korea's competitiveness in the development of hydrogen energy technology.

Keywords: Hydrogen energy competitiveness; Technology assessment; AHP
Abbreviations: AHP, analytic hierarchy process; CI, consistency index; CR, consistency ratio; MOCIE, Ministry of Commerce, Industry and Energy; MOST, Ministry of Science and Technology; RI, random index; SCI, science citation index

by Seong Kon Lee 1, Gento Mogi 2 and Jong Wook Kim 1
1. Energy Technology Policy Research Center, Korea Institute of Energy Research, 71-2, Jang-dong, Yuseong-gu, Daejeon 305-343, Republic of Korea; Tel.: +82 42 860 3036; fax: +82 42 860 3097
2. Department of Technology Management for Innovation (TMI), School of Engineering, The University of Tokyo, 7-3-1, Hongo, Bunkyo-ku, Tokyo 113-8656, Japan

Energy Policy via Elsevier Science Direct www.ScienceDirect.com
Volume 36, Issue 4; April, 2008; Pages 1284-1291
http://dx.doi.org/10.1016/j.enpol.2007.12.003

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