• Title/Summary/Keyword: Economic Operation

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Loading pattern design and economic evaluation for 24-month cycle operation of OPR-1000 in Korea

  • Jeongmin Lee;Hyun Chul Lee
    • Nuclear Engineering and Technology
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    • v.55 no.3
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    • pp.1167-1180
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    • 2023
  • Due to the tightened regulatory environment since the Fukushima accident, the capacity factor of Korean nuclear power plants has been declining since 2011. To overcome this circumstance, a shift from 18-month to 24-month cycle operation is being considered in Korea. Therefore, in this study, loading patterns(LPs) for 24-month cycle operation of the Korean standard nuclear power plant(OPR-1000) are suggested and economic evaluations are performed. A single-zone LP with 89 fresh fuels was evaluated to be optimal for 24-month operation of OPR-1000 in terms of economic gain. The 24-month operation of OPR-1000 with this LP gives a profit of 7.073 million dollars per year compared to 18-month operation.

The Development of an Operating System for Load-following Real-time Transformer Loss Minimization and Economic Analyses on its' Test Operation (부하 추종형 실시간 변압기 손실감소운전시스템 개발과 시범운영 경제성 분석)

  • Lee, Ok-Bae;Ahn, Jae-Kyoung
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.61 no.6
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    • pp.797-803
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    • 2012
  • In this paper, for minimizing the real-time operating load losses of the power transformer, a SCADA optimum operating system was developed, and the economic analyses on the test operation were performed. Transformer loss DB which reflects the economic integration operation criteria was constructed by referring the transformer manufacturer's loss data(iron loss, copper loss). Based on the loss DB, each substation transformer real-time loss was calculated according to the size of the transformer loads, and if integration or separation transformer operating conditions minimizing the loss are met, then a window pops-up and the dispatcher performs the substation equipments operation according to the procedure provided by this system. With the existing SCADA main program, the relation database of the substation facilities and integration/separation operation algorithm were developed and applied to Auto MTR Processor and pconn Processor Task module. Seven stations test data for seven months were analyzed for the economic analyses, and the results showed that Cost-Benefit ratio was 2.64, and IRR(Internal Rate of Return), 36%, which asserted the economic justification of the proposed system.

Development of Linking Methodology of Direct Load Control and System Economic Operation (직접부하제어와 계통경제운용의 연계기법 개발)

  • Lee, Buhm
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2003.05a
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    • pp.594-597
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    • 2003
  • To link direct load control and economic operation considering system spinning reserve characteristics, this paper presents a new metholodogy. By formulating new constraints, considering system spinning reserve characteristics is possible. And by employing 3-D dynamic programming, linking direct load control and economic operation is possible. As a result, economical DLC and operation schedule of the power system is possible. The usefulness of the method is verified by applying to the test system.

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Optimal Environmental and Economic Operation using Evolutionary Computation and Neural Networks (진화연산과 신경망이론을 이용한 전력계통의 최적환경 및 경제운용)

  • Rhee, Sang-Bong;Kim, Kyu-Ho;You, Seok-Ku
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.48 no.12
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    • pp.1498-1506
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    • 1999
  • In this paper, a hybridization of Evolutionary Strategy (ES) and a Two-Phase Neural Network(TPNN) is applied to the optimal environmental and economic operation. As the evolutionary computation, ES is to search for the global optimum based on natural selection and genetics but it shows a defect of reducing the convergence rate in the latter part of search, and often does not search the exact solution. Also, neural network theory as a local search technique can be used to search a more exact solution. But it also has the defect that a solution frequently sticks to the local region. So, new algorithm is presented as hybrid methods by combining merits of two methods. The hybrid algorithm has been tested on Emission Constrained Economic Dispatch (ECED) problem and Weighted Emission Economic Dispatch (WEED) problem for optimal environmental and economic operation. The result indicated that the hybrid approach can outperform the other computational efficiency and accuracy.

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The On-Line Economic Load Dispatch Program of Kwangyang Steel Works (광양제철소의 실시간 경제운용 프로그램 개발)

  • Kim, Jae-Chul;Baek, Young-Sik;Lee, Hee-Choon
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.50 no.7
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    • pp.318-323
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    • 2001
  • This paper proposes an efficient method of On-Line Economic Load Dispatch(ELD) using Evolutionary Programming(EP) technique at KwangYang steel works. The economic operation of steel works is done by experienced engineer. So far, there is no formulation and algorithm of economic operation of steel works. In this paper, we propose the formulation and On-Line algorithm of economic operation of steel works. The EP technique is the kind of Evolutionary Computation(EC), which has become a candidate for many optimization applications due to its flexibility and efficiency. Based on the EP technique, the proposed algorithm is capable of not only solving the economic problem, but also obtaining the global optimal solutions within reasonable execution time. To validate our proposed approach, the algorithm is demonstrated on many sample systems and compared to actual values of steel works.

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The On-Line Economic Load Dispatch Program of Kwangyang Steel Works (광양제철소의 실시간 경제운용 프로그램 개발)

  • Kim, Jae-Chul;Baek, Young-Sik;Lee, Hee-Choon
    • Proceedings of the KIEE Conference
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    • 2000.11a
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    • pp.116-118
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    • 2000
  • This paper proposes an efficient method of On-Line Economic Load Dispatch(ELD) using Evolutionary Programming(EP) technique at Kwangyang steel works. The economic operation of steel works is done by experienced engineer. So far, there is no formulation and algorithm of economic operation of steel works. In this paper, we propose the formulation and On-Line algorithm of economic operation of steel works. The EP technique is the kind of Evolutionary Computation(EC) which has become a candidate for many optimization applications due to its flexibility and efficiency. Based on the EP technique, the proposed algorithm is capable of not only solving the economic problem, but also obtaining the global optimal solutions within reasonable execution time. To validate our proposed approach, the algorithm is demonstrated on many sample systems and compared to actual values of steel works.

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A Study On the Estimation of Logistics Transportation Cost for Economic Analysis (경제성분석 단계에서 적용되는 도로와 철도부문의 화물운행비 산정방안에 관한 연구)

  • Lee, Jun;Jang, Jun-Seok;Eom, Jin-Gi;Moon, Dae-Seop
    • Proceedings of the KSR Conference
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    • 2011.10a
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    • pp.465-471
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    • 2011
  • In order to make an feasibility analysis of such as rail and road transportation infrastructure, it is common to perform economic analysis. one of the most important thing is how to estimate the operation cost of freight rail because that is required during the analysis time period and sometimes that takes more cost than the construction cost. Therefore, this study is to perform the verification of freight rail operation cost which is applied to the economic analysis of railway investment analysis. for this, it is compared truck operation cost variation with freight rail operation cost, when freight volume is converted from road to railway. In conclusion the cost variation of railway part is bigger than road part so it is necessary to improve the operation cost of freight rail estimation process.

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Control strategy for economic operation of an ice-storage system considering cooling load variation (냉방부하 변동을 고려한 빙축열시스템의 경제적 운전방식)

  • 정성훈;이대영;강병하;김우승
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.12 no.2
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    • pp.140-149
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    • 2000
  • A comparative analysis was peformed on the operation cost at partial loads between ice storage systems with the two conventional control strategies, i.e., storage priority and chiller priority. The storage priority control is shown to be more economic for small cooling loads, while the chiller priority control is superior when the cooling load is as large as the design value. Based on this finding, a new control strategy is devised for an ice-storage system to minimize the operation cost at any cooling load. The new control strategy is found to be comparable to the chiller priority for large cooling loads, while it is more economic for small loads compared to the conventional control strategies. The practicality of the new control strategy is also confirmed through a performance test applying the new control strategy to an existing ice-storage system.

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An Dynamic Analysis of Quality Control in Korean Manufacturing Industry (한국제조기업 품질관리활동의 동적 분석)

  • 이순룡;이광재
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.10 no.16
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    • pp.183-195
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    • 1987
  • The effectiveness of quality control is contingent to adaptability to the present circumstance. The objectives of this study are to provide empirical data to carry out qualify control effectively. To accomplish this purpose, an empirical study was made by questionaire (mailing survey method, Feb. to Mar. in 1987). The sample is the 167 companies in Korean manufacturing industry. The main findings out of the analysis are as follows the stage of quality control is concentrated in appraisal phase, the company standard is equiped gradually in non-KS marked company and the need of economic evaluation about quality control is increased gradually. With a view to analysing of relationship between quality control and it's effect factors (company standard, KS mark, computer based information system), the methods of $\chi$$^2$ test are used. The company standard have a significant difference in top manager's altitude to duality control, operation stage of quality control. operation scope of qualify control and quality budgeting system but is insignificant with economic evaluation about duality control. Otherwise, KS mark is insignificant with the equality control activity except for operation scope. The quality information system based in computer have a significant difference in operation stage, operation scope and economic evaluation. Therefor, for the purpose of attaining effectiveness of quality control through the economic evaluation about quality control, the company standard and computer based duality information system must be utilized in quality control activity.

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Microgrid operating method in realtime pricing (실시간 전기요금제에서 마이크로그리드의 운용 방법)

  • Jyung, Tae-Young;Baek, Young-Sik
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.59 no.12
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    • pp.2165-2172
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    • 2010
  • This paper presents the operation algorithm of microgrid on the Real Time Pricing(RTP) for building the smart grid. RTP is higher power price variability than flat rate and time of use. However it has an effect on peak clipping and peak load shifting due to the increased price on peak time power demand. When the RTP are applied to the microgrid system, the proposed algorithm is able to be effective and economic operation. The implemented system is operated for the economic operation in microgrid connected with the power system. On the other hand, when the microgrid is operated on isolation mode, it focus on the improvement of stability and the power supply reliability of the sensitive loads. The test system are implemented and calculated on various operation modes based on non-dispachable generator output and RTP data for validating the proposed operation algorithm. The calculated results are compared to the implemented results using real-time simulator. It can be confirmed that the proposed operation system are identical results to the calculated one. When the proposed operation algorithm is applied to the system, it can be show the effectiveness of the peak clipping and peak load shifting and the improvement of economic feasibility.