• Asia-Pacific Journal of Business
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• v.9 no.4
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• pp.67-84
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• 2018

This study is about comparing coal thermal plant to LNG combined power plant in respect of environmental and economic cost analysis. In addition sensitive analysis of power cost and discount rate is conducted to compare the result of change in endogenous and exogenous variable. For environmental assessment, when they generate 10,669GWh yearly, coal thermal power plant emits sulfur oxides 959ton, nitrogen oxide 690ton, particulate matter 168ton and LNG combined power plant emits only nitrogen oxide 886ton respectively every year. Regarding economic cost analysis on both power plants during persisting period 30 years, coal thermal power plant is more cost effective 4,751 billion won than LNG combined taking in account the initial, operational, energy and environmental cost at 10,669GWh yearly in spite of only LNG combined power plant's energy cost higher than coal thermal. In case of sensitive analysis of power cost and discount rate, as 1% rise or drop in power cost, the total cost of coal thermal power plant increases or decreases 81 billion won and LNG combined 157 billion won up or down respectively. When discount rate 1% higher, the cost of coal thermal and LNG combined power plant decrease 498 billion won and 539 billion won for each. When discount rate 1% lower, the cost of both power plant increase 539 billion won and 837 billion won. With comparing each result of change in power cost and discount rate, as discount rate is weigher than power cost, which means most influential variable of power plan is discount rate one of exogenous variables not endogenous.

• Proceedings of the KSME Conference
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• 2001.11b
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• pp.782-787
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• 2001

An optimum thermal design analysis of the combined cycle power plant with triple pressure heat recovery steam generator was performed by the numerical simulation. The optimum design module used in the paper is DNCONF, a function of IMSL Library, which is widly known as a method to search for the local optimum. The objective function to be minimized is the cost of total power plant including the steam turbine power enhancement premium. The result of this paper shows that the cost reduces if the design point of power plant becomes the local optimum, and many calculations at various initial conditions should be carried out to get the value near the global optimum.

• KEPCO Journal on Electric Power and Energy
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• v.5 no.3
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• pp.215-222
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• 2019

This work is experimental study of 10 kW specialized Combined Ocean Thermal Energy Conversion. We propose a C-OTEC technology that directly uses exhaust thermal energy from power station condensers to heat the working fluid (R134a), and tests the feasibility of such power station by designing, manufacturing, installing, and operating a 10 kW-pilot facility. Power generation status was monitored by using exhaust thermal energy from an existing power plant located on the east coast of the Korean peninsula, heat exchange with 300 kW of heat capacity, and a turbine, which can exceed enthalpy efficiency of 45%. Output of 8.5 kW at efficiency of 3.5% was monitored when the condenser temperature and seawater temperature are $29^{\circ}C$ and $7.5^{\circ}C$, respectively. The evaluation of the impact of large-capacity C-OTEC technology on power station confirmed the increased value of the technology on existing power generating equipment by improving output value and reducing hot waste water. Through the research result, the technical possibility of C-OTEC has been confirmed, and it is being conducted at 200 kW-class to gain economic feasibility. Based on the results, authors present an empirical study result on the 200 kW C-OTEC design and review the impact on power plant.

• Advances in Energy Research
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• v.4 no.1
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• pp.29-45
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• 2016

There has been a growing interest in the recent time for the development of solar power tower plants, which are mainly used for utility scale power generation. Combined heat and power (CHP) is an efficient and clean approach to generate electric power and useful thermal energy from a single heat source. The waste heat from the topping Brayton cycle is utilized in the bottoming HRSG cycle for driving steam turbine and also to produce process steam so that efficiency of the cycle is increased. A thermal storage system is likely to add greater reliability to such plants, providing power even during non-peak sunshine hours. This paper presents a conceptual configuration of a solar power tower combined heat and power plant with a topping air Brayton cycle. A simple downstream Rankine cycle with a heat recovery steam generator (HRSG) and a process heater have been considered for integration with the solar Brayton cycle. The conventional GT combustion chamber is replaced with a solar receiver. The combined cycle has been analyzed using energy as well as exergy methods for a range of pressure ratio across the GT block. From the thermodynamic analysis, it is found that such an integrated system would give a maximum total power (2.37 MW) at a much lower pressure ratio (5) with an overall efficiency exceeding 27%. The solar receiver and heliostats are the main components responsible for exergy destruction. However, exergetic performance of the components is found to improve at higher pressure ratio of the GT block.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.57 no.8
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• pp.1327-1333
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• 2008

Since Cost Based Pool markets has been continued to power markets, Genco. needs economic analysis about investment in power plants. Particularly most Private Genco.s have presently a construction plan about LNG combined cycle thermal power plants. In this paper, we propose a economic analysis method of LNG combined cycle thermal power plants using Economic Dispatch and Optimal Power Flow in CBP markets. Also we develope computation model using it for decision making to build a plant. This method can consider a variation of power facility like power plants and transmission lines in CBP markets. Finally, this dissertation provides a relevant case study to confirm the effect of cost factor to economical efficiency.

• Advances in Energy Research
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• v.3 no.1
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• pp.59-70
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• 2015

In India, continuous production of electricity and sweet/potable water from Solar power and desalination plant plays a major role in the industries. Particularly in Copper industry, Solar power adopts Solar field collector combined with thermal storage system and steam Boiler, Turbine & Generator (BTG) for electricity production and desalination plant adopts Reverse osmosis (RO) for sweet/potable water production which cannot be used for long hours of power generation and consistency of energy supply for industrial processes and power generation cannot be ensured. This paper presents an overview of enhanced technology for Solar power and Desalination plant for Copper industry making it continuous production of electricity and sweet/potable water. The conventional technology can be replaced with this proposed technique in the existing and upcoming industries.

• Korean Journal of Air-Conditioning and Refrigeration Engineering
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• v.26 no.11
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• pp.541-546
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• 2014

The present study was conducted to determine whether ESCO Business is success or not. ESCO Business recovers the investment costs by the energy savings resulting from complementing existing energy facilities. The guaranteed parameters are Quantity of Heat Recovery, and Generator output drop. The results of the Performance Test show that the Quantity of Heat Recovery increased by 11.52 Gcal/h, and Generator output decreased by 0.234 MW, which satisfied the guarantee value.

• Proceedings of the KSME Conference
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• 2000.04b
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• pp.871-878
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• 2000

Exergetic and thermoeconomic analysis were performed for a 500-MW combined cycle plant and a 137-MW steam power plant without decomposition of exergy stream of matter into thermal and mechanical exergies. The calculated costs of electricity are almost same within 0.5% as those obtained by the thermoeconomic method with decomposition of exergy into thermal and mechanical exergies of the combined cycle plant. However for the gas-turbine cogeneration plant having different kinds of products. the difference in the unit costs of products, obtained from the two methodologies is about 2%. Such outcome indicates that the level at which the cost balances are formulated does not affect the result of thermoeconomic analysis, that is somewhat contradictory to that concluded previously.

• 한국연소학회:학술대회논문집
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• 2014.11a
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• pp.333-335
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• 2014

As the user demand for power plants becomes various, design objective becomes complicated. To review the system feasibility, system objective and evaluation criteria need to be newly defined. In this study, engineering design procedure of the multi-purpose power plant, such as barge-mounted combined cycle power plant with $CO_2$ capture, was shown as a previous work for the feasibility review of the system alternatives. For the system design, heat and mass balance for each system configuration was firstly performed. Using the thermal analysis results, conceptual design of system alternatives was carried out. And then, preliminary design of the major equipment was done. The engineering calculation results of this study would be used as the evaluation data for system feasibility review.

• 한국신재생에너지학회:학술대회논문집
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• 2008.05a
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• pp.161-164
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• 2008

For the development of solar thermal power tower plant from the early 80' to today, various kinds of receiver have been tested and evaluated. Most of 1st generation receiver used water/steam as a working fluid to operate steam turbine and now the first commercial solar power tower PS-10 also makes saturated steam. However, to increase thermal efficiency of storage system and to obtain practical use of solar energy, molten salt system have been used from THEMIS project in France at 1984. The Solar Tres plant of 17 MWe power generation will be constructed in Spain and have plan to operate 24 hours in summer. The air volumetric receiver system can be integrated with combined cycle of gas turbine and HRSG and also with steam turbine easily. Therefore, related researches to develop higher efficient solar power tower plant and to operate with stable are widely performed in the world.