• Title/Summary/Keyword: CO2 emission cost

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Analyzing the Potential of Offset Credits in the Korean Emission Trading Scheme Focusing on Clean Development Mechanism Projects (CDM사업을 대상으로 한 국내 온실가스 상쇄배출권의 잠재량 산정 및 정책 제언)

  • Kim, Woori;Son, Yowhan;Lee, Woo-Kyun;Cho, Yongsung
    • Journal of Climate Change Research
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    • v.9 no.4
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    • pp.453-460
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    • 2018
  • The purpose of this study is to analyze the potential quantity of Korean Offset Credits (KOC) resulting from Certified Emission Reductions (CER) in 98 domestic Clean Development Mechanism (CDM) projects that were registered with the United Nations Framework Convention on Climate Change (UNFCCC) as of the end of 2016. Our results show that the total amount of potential KOC is 62,774 kt CO2eq. The potential KOC is only 23.4% of the total CER Issuance. During the first phase, this will be 3.2% of the allocated volume. This is because many projects are related to Renewable Portfolio Standard (RPS), HFC-23, and adipic acid N2O. There is a strong bias in some sectors and projects which could act as market distortion factors. Therefore, it is necessary to expand the target CDM project and activate non CDM offset projects. RPS projects bring fundamental changes to the energy sector, and it is worth reconsidering their acceptability. A wide variety of policy incentives are needed to address strong biases toward certain sectors and projects. The offset scheme has the advantage of allowing entities to reduce their GHG emissions cost effectively through a market mechanism as well as enabling more entities to participate in GHG reduction efforts both directly and indirectly. In contrast, having an inadequate offset scheme range and size might decrease the effort on GHG reduction or concentrate available resources on specific projects. As such, it is of paramount importance to design and operate the offset scheme in such a way that it reflects the situation of the country.

Status and Perspective of Biomass Co-firing to Pulverized Coal Power Plants (미분탄 석탄화력발전에서의 바이오매스 혼소 동향 및 전망)

  • Yang, Won
    • KEPCO Journal on Electric Power and Energy
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    • v.2 no.4
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    • pp.525-529
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    • 2016
  • Biomass co-firing to existing thermal power plants is one of the most economical and efficient way to reduce $CO_2$ emission from the plant. There are several methods of co-firing and it can be categorized into (1) Parallel co-firing, (2) Indirect co-firing, and (3) Direct co-firing. Parallel co-firing is the most expensive way to high-ratio co-firing because it requires biomass dedicated boiler. Direct co-firing is widely used because it does not need high capital cost compared with the other two methods. Regarding the direct co-firing, it can be classified into three methods- Method 1 does not need retrofit of the facilities because it uses existing coal mills for pulverizing biomass fuels. In this case high-ratio co-firing cannot be achieved because of poor grindability of biomass fuels. Method 2 needs biomass-dedicated mills and revision of fuel streams for the combustion system, and Method 3 needs additional retrofit of the boiler as well as biomass mills. It can achieve highest share of the biomass co-firing compared with other two methods. In Korea, many coal power plants have been adopting Method 1 for coping with RPS(Renewable portfolio standards). Higher co-firing ratio (> 5% thermal share) has not been considered in Korean power plants due to policy of limitation in biomass co-firing for securing REC(Renewable Energy Certificate). On the other hand, higher-share co-firing of biomass is widely used in Europe and US using biomass dedicated mills, following their policy to enhance utilization of renewable energy in those countries. Technical problems which can be caused by increasing share of the biomass in coal power plants are summarized and discussed in this report. $CO_2$ abatement will become more and more critical issues for coal power plants since Paris agreement(2015) and demand of higher share of biomass in the coal power plants will be rapidly increased in Korea as well. Torrefaction of the biomass can be one of the best options because torrefied biomass has higher heating value and grindability than other biomass fuels. Perspective of the biomass torrefaction for co-firing is discussed, and economic feasibility of biomass torrefaction will be crucial for implementation of this technology.

The Study on Analysis of the effect of introducing Bimodal Tram - Comparing with BRT - (바이모달 트램 도입 효과 분석에 관한 연구 - BRT와의 비교분석을 중심으로-)

  • Jang, Jun-Seok;Lee, Jun;Eom, Jin-Ki
    • Proceedings of the KSR Conference
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    • 2010.06a
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    • pp.739-744
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    • 2010
  • As recent traffic policy focuses on reduction of congestion and environmental contamination, with a catch phrase, 'Green Traffic', Low Carbon Green Growth' and 'Sustainable Development', introducing the new eco-friendly transport means including railway has been emerging as critical issue. Included in the new transport means are BRT, Bimodal Tram and LRT, and this study was intended to evaluate and analyze Bimodal, among others, which generates less emission, noise and vibration thanks to hybrid type traction system employed by Bimodal Tram, which is considered a future-oriented system because of eco-friendly features and cost efficiency as well as punctuality and convenient accessibility to bus. Thus in this study, appropriateness of Bimodal Tram comparing to other system(BRT) was suggested, using conversion traffic from the road, traffic speed and CO2 emission at the metropolitan area and large provincial areas as the barometer in evaluation, and furthermore, the measures applicable to introduction strategy that will meet various functional aspects in urban area in the coming days were developed.

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Economic Effects Analysis for Passenger Car's Idle Stop and Go Strategy: Focusing on Seoul Metropolitan Area (승용차 공회전제한장치 장착전략의 경제효과분석: 수도권 지역을 대상으로)

  • Lee, Kyu Jin;Jang, Jeong Ah;Choi, Keechoo;Shim, Sang Woo
    • Journal of Korean Society of Transportation
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    • v.32 no.5
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    • pp.421-430
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    • 2014
  • The greenhouse gas emission generated by idling vehicles is a critical issue in the greenhouse gas reduction from the transportation sector. Recently, the mandatory application of the Idle Stop and Go (ISG) for buses, trucks and taxis is in the process of legislation. Focusing on the regulation is about to apply to passenger cars, this study analyzed the quantitative economic effects of the ISG installation by passenger car types in Seoul metropolitan area to support proper policy making. The benefit cost ratio of ISG installation on commercial passenger car of Seoul is the most effective, calculated as 8.55. Accordingly, the amount of 660 liters (per year per vehicle) of fuel and 1,606 kg (per year per vehicle) of $CO_2$ could be reduced. The results of this study might be used as an index for judgment of policy such as determining appropriate subsidy for ISG installation on passenger cars.

An Experimental Study on GHG Emissions Reduction and Fuel Economy Improvement of Heavy-Duty Trucks by Using Aerodynamics Device Package (공기저항 저감장치 패키지를 이용한 대형화물차량의 연비개선 및 온실가스 저감효과에 관한 실험적 연구)

  • Park, Seungwon;Dong, Lang;Her, Chulhaeng;Yun, Byoeunggyu;Kim, Daewook
    • Transactions of the Korean Society of Automotive Engineers
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    • v.25 no.2
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    • pp.207-218
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    • 2017
  • Improving fuel consumption, particularly that of commercial vehicles, has become a global concern. The reduction in logistics cost has been a key issue in efforts to improve fuel economy and efficiency of transportation equipment. Typical technologies for reducing reduce fuel usage include air resistance reduction technologies, tire rolling resistance technologies, and idle technologies among others. Air resistance technology is a highly effective method that can be easily applied in a short period. As with air resistance technology, several devices involving side skirt, boat tail and gap fairing have been developed based on an analytical 3-D modeling technique for reducing air resistance attributed to the vehicle configuration. The devices were on a 45 feet tractor-trailer and the emission test was done using PEMS equipment. Fuel economy was evaluated by introducing several devices to reduce outer air resistance. The test was conducted by changing the experimental method of SAE J1321 Joint TMC/SAE Fuel Consumption Test Procedure - Type II test. As a result, air resistance decreased by at least 15 % and fuel economy improved by at least 13 %. This study sought to reduce greenhouse gas and improve fuel economy by applying several devices to a test vehicle to lower air resistance.

Short-Term Impact Analysis of DTG Installation for Commercial Vehicles (사업용 자동차의 DTG 설치 단기 효과분석)

  • Lee, Seok-June;Lee, Chungwon
    • The Journal of The Korea Institute of Intelligent Transport Systems
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    • v.11 no.6
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    • pp.49-59
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    • 2012
  • Recently, various alternatives for safety and efficiency of commercial vehicles have been considered, and one of the new alternatives is the application of a digital tachograph. In Korea, the installation of a digital tachograph to commercial vehicles was regulated from 2011 and Korea Transportation Safety Authority developed e-TAS to analyze the monitoring data from digital tachographs installed in the order of 100 commercial vehicles. This study performs the potential impact analysis of the DTG installation, which includes a trend of dangerous driving, a trend of traffic accidents and cost-effective analysis, a trend of fuel consumption and cost-effective analysis, a cost-effective analysis of social benefits using e-TAS data. Depending on the frequency of dangerous driving, the participants are divided into three groups; high-dangerous group, average-dangerous group and low-dangerous group. The high-dangerous driving group shows lower km/liter than the low-dangerous driving group by 15% for buses and taxis and by 30% for trucks. About $CO_2$ emission, the difference becomes bigger; 25%, 25% and 42% for buses, taxis and trucks, respectively. Although this study is a short-term period analysis, the methodology will be applicable for the long-term period analysis with larger data.

The Application of MHS Frames for Apartments of Extended Life in Korea (공동주택 장수명화를 위해 MHS 공법이 적응된 골조공법 개선방안)

  • Hong, Won-Kee;Kim, Jin-Min;Kim, Sun-Kuk;Kim, Hyung-Geun;Yoon, Ki-Jun
    • Journal of the Korea Institute of Building Construction
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    • v.8 no.6
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    • pp.107-115
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    • 2008
  • Bearing wall apartments have been introduced to meet the needs of population growth in metropolis since 1980 in Korea. It is extremely difficult to remodel bearing wall apartments. Noises and vibrations generated between floors are also problems to solve. This paper introduces rahmen structures that enable easy remodel. Modularized Hybrid System(MHS) is demonstrated to be effective in terms of material quantity, construction costs, and amount of $CO_2$ emission compared with those of bearing wall structures. Housings with MHS composite girder ensure the flexibility of architectural plan and easy remodel while the floor heights are maintained the same as bearing wall structures. The reduction of the concrete and reinforcing steels tonnage decreased construction cost of MHS multi-residential housings. The $CO_2$ omission was also diminished in accordance with the reduction of construction materials. This paper describes new structural system adapting MHS frames to propose the extended life of residential housings and reduce the national resources by preventing unnecessary rebuilding of housings.

Assessing the Economic and $CO_2$ Emission Reductions Viability of Domestic Ground-Source Heat Pumps (단독주택용 지열 열펌프 시스템의 경제성과 이산화탄소 배출 저감 가능성 평가)

  • Sohn, Byong-Hu;Kang, Shin-Hyung
    • Proceedings of the SAREK Conference
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    • 2009.06a
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    • pp.64-69
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    • 2009
  • Because of their low operating and maintaining costs, ground-source heat pump(GSHP) systems are an increasingly popular choice for providing heating, cooling and water heating to public and commercial buildings. Despite these advantages and the growing awareness, GSHP systems to residential sectors have not been adopted in Korea until recently. A feasibility study of a residential GSHP system was therefore conducted using the traditional life cycle cost(LCC) analysis within the current electricity price framework and potential scenarios of that framework. As a result, when the current residential electricity costs for running the GSHP system are applied, the GSHP system has weak competitiveness to conventional HVAC systems considered. However, when the operating costs are calculated in the modified price frameworks of electricity, the residential GSHP system has the lower LCC than the existing cooling and heating equipments. The calculation results also show that the residential GSHP system has lower annual prime energy consumption and total greenhouse gas emissions than the alternative HVAC systems considered in this work.

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Evaluation of Economic-Environmental Impact of Heat Exchanger Network in Naphtha Cracking Center (납사분해 공정 내 열 교환 네트워크 경제적-환경영향 평가)

  • Hyojin Jung;Subin Jung;Yuchan Ahn
    • Korean Chemical Engineering Research
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    • v.61 no.3
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    • pp.378-387
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    • 2023
  • Petrochemical is an energy consuming industry that consumes about 30% of total industrial energy consumption and is a representative carbon dioxide (CO2) emission source. Among them, the Naphtha Cracking Center (NCC), which produces ethylene, propylene, propane and mixed C4, consumes large amounts of energy and emits significant amounts of CO2. For this reason, an integrated techno economic- environmental impact assessment aimed at reducing energy consumption and environmental impact factors is necessary to ensure efficiency in terms of economics and environment. This study aims to analyze the efficiency of the heat exchanger network used in the existing NCC base on the pinch analysis and select an improvement plan that can reduced energy consumption. In order to reduces the utility consumption in the process, an optimal heat exchanger network considering the high-temperature and low-temperature stream was derived, and the economic evaluation was conducted by considering the trade-off between the reduction in utility consumption and the increase in heat exchanger installation cost. In addition, an environmental impact assessment was conducted on the reduced CO2 emission in consideration of the environmental aspect, and the economic environmental impact assessment used the payback period to recover the invested funds to come up with an energy saving plan that can be applied based on the actual process. As a result of considering the economic-environmental impact assessment, when the environmental impact assessment was not considered, it was 4.29 months, 3.21 months, and 3.39 months for each case, and when considering the environmental impact assessment, it was 4.24 months, 3.17 months, and 3.35 months for each case. These results appeared equally both when the environmental impact assessment was not include and when it was include. In addition, a sensitivity analysis was conducted for each case to determine how important factors affect the payback period. As a result of the sensitivity analysis, the cost of the heat exchanger was identified as a major factor influencing the overall cost.

The Impact of Power Plants on the Environment and Region - Focus on Incheon Area according to the 3rd Electric Support Action Plan - (발전소 증설이 환경, 지역사회 및 경제에 미치는 영향 - 제 3차 전력 수급계획에 의한 인천 지역의 화력발전소 증설을 중심으로 -)

  • Jung, Chang Hoon;Pokarel, Rajib;Lee, Hee Kwan
    • Journal of Environmental Impact Assessment
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    • v.18 no.4
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    • pp.195-208
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    • 2009
  • The power plant is well known to influence air pollution as well as emission of green house gas. Because of increasing demand on electricity, the government set up the electric support action plan every 2 years. In this research, the impacts of power plants on the environment and region was studied. The study was focused on the establishment of power plant in Incheon area based on the 3rd electric support action plan. According to the 3rd electric support action plan, almost 80% of power plant in metropolitan area is planned to be built in Incheon area. The main influences of establishment of power plant are emissions of $SO_x$, $NO_x$ and PM and exceed the allocated local industry emissions, which means the emission allocation of other industry is difficult. In additions, the power plant exhaust $CO_2$ much more than other types of fuel such as waterpower generation, atomic power station. Although several supports are given in local government, these cannot cover the whole cost due to establishment of power plant. Subsequently, this study suggest the additional policy based on local consideration is needed and the current electricity distribution system should be reconsidered fundamentally in the lang term.