• The Transactions of the Korean Institute of Electrical Engineers B
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• v.48 no.6
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• pp.294-300
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• 1999

There is a growing interest in hybrid electric vehicles due to environmental concerns. Recent efforts are directed toward developing an improved main component systems for the hybrid electric vehicle applications. Soon after the introduction of electric starter for internal combustion engine early this century, despite being energy efficient and nonpolluting, electric vehicle lost the battle completly to internal combustion engine due to its limited range and inferior performance. Hybrid Electric vehicles offer the most promising solutions to reduce the emission of vehicles. This paper describes a method for cost reduction estimation of parallel hybrid electric vehicle. We used a cost reduction structure that consisted of five major subsystems (three-type and two-type motor) for parallel hybrid electric vehicle. Especially, we estimated the potential for cost reductions in parallel hybrid electric vehicle as a function of time using the learning curve. Also, we estimated the potentials of cost by depreciation.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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• v.25 no.5
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• pp.34-38
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• 2011

The shorter the electric power line is, the less its cost becomes. In this paper, the Steiner tree is applied to find the shortest path of the electric power line to obtain resultant cost reduction. Up to 18.3[%] of length reduction can be expected compared to conventional method when the lines are connected through the Steiner points, which also can result in appreciable cost reduction.

• Proceedings of the Korean Institute of IIIuminating and Electrical Installation Engineers Conference
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• 2003.11a
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• pp.81-86
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• 2003

Recently the introduction of VE & LCC techniques for large size electric power facilities be achieved in various kinds form, of and tends to evaluate to the beginning investment cost when think about cost of electric power facilities usually, but must consider all life cycle cost (maintenance cost, repair cost, improvement cost, operation cost, electric power cost etc.). This treatise applies design techniques that consider copper loss related by voltage drop at power supply of long distance in trunk design and all life cycle cost techniques

• Journal of the Korean Society of Safety
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• v.37 no.6
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• pp.50-59
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• 2022

In the Construction Technology Promotion Act (CTPA) of the Republic of Korea, safety management cost is enforced as a statutory cost that must be included in the budget of construction projects. However, the construction of underground electric power transmission facilities (UEPTFs) is not included in the category of construction works defined in the CTPA. Consequently, the statutory safety management cost does not apply to the construction of UEPTFs. To overcome this limitation, the clients of UEPTF construction projects generally provide internal guidelines enabling the addition of the safety management cost in the project budget. Nevertheless, even after the execution of the internal guidelines, some important cost items are omitted from the budget owing to the incompleteness of the guidelines. In this context, this paper proposes a complete set of accounting items and their calculation methods for appropriate budgeting of the safety management cost of UEPTF construction projects. To this end, the current budgeting method of the safety management cost of UEPTF construction projects is analyzed, and a questionnaire study is performed to confirm the necessary cost items and their appropriate calculation methods. Based on the results of the questionnaire study, a set of accounting items and their calculation criteria for the budgeting of the safety management cost of UEPTF construction projects are proposed.

• KEPCO Journal on Electric Power and Energy
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• v.6 no.3
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• pp.315-319
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• 2020

The modern transportation and mobility sector is expected to encounter high penetration of Electric Vehicles (EVs) because EVs contribute to reducing the harmful emissions from fossil fuel-powered vehicles. With the prospective growth of EVs, sufficient and convenient facilities for fast charging are crucial toward satisfying the EVs' quick charging demand during their trip. Therefore, the Fast Electric Vehicle Charging Stations (FECS) will be a similar role to gas stations. In this paper, we study a charging scheduling problem for the FECS with solar photovoltaic (PV) and an Energy Storage System (ESS). We formulate an optimization problem that minimizes the operational costs of FECS. There are two cost and one revenue terms that are buying cost from main grid power, ESS degradation cost, and revenue from the charging fee of the EVs. Simulation results show that the proposed scheduling algorithm reduces the daily operational cost by effectively using solar PV and ESS.

• Proceedings of the KIEE Conference
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• 1992.07a
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• pp.106-109
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• 1992

This paper Introduces the concept of the generation cost of generating utilities and its calculation methods. Also, the economic evaluation method using generation cost which is called as a screening curve method will be presented along with the benefits and disadvantages of this concept. Next, the least-cost electric utility planning techniques which is used very widely in many countries will be Introduced In comparison with screening curve method. In this aspects, the optimal dynamic mix can be determined as a result. By comparing these two concepts, we will get the concrete concept why the economic evaluation method using generation cost can not be used for the future generation expansion planning.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.67 no.12
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• pp.1717-1722
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• 2018

Parts and units of 8200 series electric locomotive are aging, but and source technology is not secured. As a results, maintenance costs are increasing steadily due to using expensive substitute parts. Therefore, various studies have been conducted to reduce maintenance costs. In this paper, the life cycle cost(LCC) of the developed and conventional products were compared and analyzed about main conversion system in 8200 Series electric locomotive. As a result of analysis, the material cost was the highest in the conventional product among the various item costs. On the other hand, it is confirmed that preventive cost was the highest among the costs about the developed product.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.64 no.1
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• pp.35-40
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• 2015

This paper presents the optimal network configuration for electric stations using HOMER software. For the given data such as annual average wind speed and grid costs, this software calculates the NPC(Net Present Cost), operating cost and COE(Cost of Energy). Based on these simulation results, it is possible to find the optimal network configuration for electric stations depending on the grid cost and average wind speed. When the rising grid cost is considered, it is essential to use grid and renewable energy together. Depending on the increase of the grid cost, NPC of the configuration using renewable energy and grid can be gradually getting smaller than NPC of the configuration using only grid.

• Journal of Electrical Engineering and Technology
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• v.13 no.4
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• pp.1631-1637
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• 2018

Electric utilities has been considered the necessity to introduce asset management of electric power facilities in order to reduce maintenance cost of existing facilities and to maximize profit. This paper aims to provide data that can helpful to make profitable decision in terms of power transformers which have a significant part in the power system. Therefore, this study is modeling input cost for power transformer during its entire life and also the life cycle cost (LCC) technique is applied. In particular, the variation of transformer state related with maintenance and the variation of the EUAC curve based on cost and effect of maintenance is examined. In this study, the trend of the equivalent uniform annual cost (EUAC) according to maintenance cycle and cost of equipment is analyzed. In line with that, sensitivity analysis influenced by the changes of other cost factors was performed.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.66 no.12
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• pp.1830-1835
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• 2017

8200 Series Electric Locomotives are mostly imported from overseas due to aging and uncertainty of source technology, and it's the maintenance cost is increasing. We are analyzed life cycle costs based on international standards such as IEC 60300-3-3 and IEC62278. The main conversion system of the 8200 series electric locomotive is closely related to vehicle operation and is one of the subsystems requiring frequent maintenance. In this paper, the life cycle cost of the main conversion unit in 8200 series electric locomotive is analyzed based on the maintenance manual. As a result of analysis, maintenance cost of GTO module and control device is relatively high, and it is confirmed that the cost increases according to the useful life.