• Title/Summary/Keyword: Energy Cost

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A Study on the Maintenance Cost Estimation Model of the Apartment Housing (공동주택의 관리비 추정모델 연구)

  • Lee, Kang-Hee;Yang, Jae-Hyuk;Chae, Chang-U
    • Journal of the Korean housing association
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    • v.21 no.2
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    • pp.59-67
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    • 2010
  • The maintenance cost plays a important role to plan the scale of the apartment housing such as a number of household, building area and building type. Therefore, it is required to forecast the cost considering various maintenance characteristics. The maintenance characteristics are floor area, number of household, heating type, site area and etc.. In addition, the maintenance cost are classified into 5 area. These are a personal expense, facility maintenance cost, energy and water cost, insurance and sanitary cost. These five cost area are related with various characteristics and brought up the estimation model using the stepwise multiple regression analysis. The energy and heating cost share over the 50% in the total cost and the personal expense cost shares about 40%. The personal expense cost per area is 5,272 won/$m^2{\cdot}yr$ irregardless of heating type and the district heating type is a higher cost than other type. In facility maintenance cost, the central heating type is 2,015 won/$m^2{\cdot}yr$ and higher than other type. The estimation models have good statistics in each model. Most of the model have a determination coefficient over 0.7 and Durbin Watson value between 1.5 and 2.5.

NUCLEAR FUEL CYCLE COST ESTIMATION AND SENSITIVITY ANALYSIS OF UNIT COSTS ON THE BASIS OF AN EQUILIBRIUM MODEL

  • KIM, S.K.;KO, W.I.;YOUN, S.R.;GAO, R.X.
    • Nuclear Engineering and Technology
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    • v.47 no.3
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    • pp.306-314
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    • 2015
  • This paper examines the difference in the value of the nuclear fuel cycle cost calculated by the deterministic and probabilistic methods on the basis of an equilibrium model. Calculating using the deterministic method, the direct disposal cost and Pyro-SFR (sodium-cooled fast reactor) nuclear fuel cycle cost, including the reactor cost, were found to be 66.41 mills/kWh and 77.82 mills/kWh, respectively (1 mill = one thousand of a dollar, i.e., $10^{-3}$ $). This is because the cost of SFR is considerably expensive. Calculating again using the probabilistic method, however, the direct disposal cost and Pyro-SFR nuclear fuel cycle cost, excluding the reactor cost, were found be 7.47 mills/kWh and 6.40 mills/kWh, respectively, on the basis of the most likely value. This is because the nuclear fuel cycle cost is significantly affected by the standard deviation and the mean of the unit cost that includes uncertainty. Thus, it is judged that not only the deterministic method, but also the probabilistic method, would also be necessary to evaluate the nuclear fuel cycle cost. By analyzing the sensitivity of the unit cost in each phase of the nuclear fuel cycle, it was found that the uranium unit price is the most influential factor in determining nuclear fuel cycle costs.

ASSESSMENT OF ACTIVITY-BASED PYROPROCESS COSTS FOR AN ENGINEERING-SCALE FACILITY IN KOREA

  • KIM, SUNGKI;KO, WONIL;BANG, SUNGSIG
    • Nuclear Engineering and Technology
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    • v.47 no.7
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    • pp.849-858
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    • 2015
  • This study set the pyroprocess facility at an engineering scale as a cost object, and presented the cost consumed during the unit processes of the pyroprocess. For the cost calculation, the activity based costing (ABC) method was used instead of the engineering cost estimation method, which calculates the cost based on the conceptual design of the pyroprocess facility. The calculation results demonstrate that the pyroprocess facility's unit process cost is $194/kgHM for pretreatment, $298/kgHM for electrochemical reduction, $226/kgHM for electrorefining, and $299/kgHM for electrowinning. An analysis demonstrated that the share of each unit process cost among the total pyroprocess cost is as follows: 19% for pretreatment, 29% for electrochemical reduction, 22% for electrorefining, and 30% for electrowinning. The total unit cost of the pyroprocess was calculated at $1,017/kgHM. In the end, electrochemical reduction and the electrowinning process took up most of the cost, and the individual costs for these two processes was found to be similar. This is because significant raw material cost is required for the electrochemical reduction process, which uses platinum as an anode electrode. In addition, significant raw material costs are required, such as for $Li_3PO_4$, which is used a lot during the salt purification process.

Design and Performance Test for a Fuel Cell Ejector to Reduce its Development Cost (개발 비용 감소를 위한 연료전지용 이젝터의 설계 및 성능평가)

  • Kim, Min-Jin;Kim, Dong-Ha;Yu, Sang-Phil;Lee, Won-Yong;Kim, Chang-Soo
    • Transactions of the Korean hydrogen and new energy society
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    • v.17 no.3
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    • pp.279-285
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    • 2006
  • Recirculation for the unreacted fuel is necessary to improve the overall efficiency of the fuel cell system and to prevent fuel starvation since the fuel cell for a vehicle application is a closed system. In case of the automotive fuel cell, the ejector which does not require any parasitic power is good for the performance improvement and easy operation. It is essential to design the customized ejector due to the lack of the commercial ejector corresponding to the operating conditions of the fuel cell systems. In this study, the design methodology for the ejector customized to an automotive fuel cell is proposed. The model based sensitivity analysis prevents the time-consuming redesign and reduces the cost of developing ejector. As a result, the customized ejector to meet the desired performance within overall operating range has developed for the PEMFC automotive system.

Optimal Capacity Determination Method of Battery Energy Storage System for Demand Management of Electricity Customer (수용가 수요관리용 전지전력저장시스템의 최적용량 산정방법)

  • Cho, Kyeong-Hee;Kim, Seul-Ki;Kim, Eung-Sang
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.62 no.1
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    • pp.21-28
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    • 2013
  • The paper proposes an optimal sizing method of a customer's battery energy storage system (BESS) which aims at managing the electricity demand of the customer to minimize electricity cost under the time of use(TOU) pricing. Peak load limit of the customer and charging and discharging schedules of the BESS are optimized on annual basis to minimize annual electricity cost, which consists of peak load related basic cost and actual usage cost. The optimal scheduling is used to assess the maximum cost savings for all sets of candidate capacities of BESS. An optimal size of BESS is determined from the cost saving curves via capacity of BESS. Case study uses real data from an apartment-type factory customer and shows how the proposed method can be employed to optimally design the size of BESS for customer demand management.

Cost Scaling Factor according to Power Plant Capacity Change (발전소 용량변경에 따른 비용보정계수)

  • Ha, Gak-Hyeon;Kim, Sung-Hwan
    • Journal of Energy Engineering
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    • v.22 no.3
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    • pp.283-286
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    • 2013
  • The existing nuclear power plants have been often redesigned by increasing or decreasing electrical power without changing design concept by the request of utility, economic factors or other factors. When the cost of power plant equipment redesigned by changing reactor power and electrical power is estimated, if its quotation is not available in the market place, cost scaling factor(CSF) applies to the cost of existing plant equipment and then the new-designed equipment cost can be calculated. In this paper, we review CSFs according to plant capacity change cases in United State DOE, EPRI, ABB, SWEC and introduce the results applied to Korean PWR 1000MWe and 1400MWe.

A Study on Energy Optimization Algorithm of Electric Vehicle Charging System (전기자동차 충전시스템의 에너지 최적화 알고리즘에 관한 연구)

  • Boo, Chang-Jin
    • Journal of IKEEE
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    • v.22 no.2
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    • pp.369-374
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    • 2018
  • In this paper, the energy cost saving in multi-channel electric vehicle charging system. Joint use of the electric car charger battery state of charging proposed a method based charging. A linear programming with two type is used for optimal control, and the time-of-use price is included to calculate the energy costs. Simulation results show that the reductions of energy cost and peak power can be obtained using proposed method.

A Study on the Application of District Heating System using Sewage Source (하수열원을 이용한 지역난방 적용성 검토)

  • Kim, Sang-Hun;Kim, Dong-Jin;Choi, Dong-Kyoo
    • Proceedings of the SAREK Conference
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    • 2009.06a
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    • pp.928-933
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    • 2009
  • The purpose of this study is to examine the energy consumption, carbon dioxide emission & energy cost of district heating using sewage source. The annual TOE of heat pump using sewage source save 37.1 percent than city gas boiler. And annual carbon dioxide emission of heat pump cut down 41.3 percent than city gas boiler. If it charges the rate schedule for district heating to apartment resident, collected amount are 3,127,170 thousand won. As energy cost of heat pump & circulation pump are 1,378,072 thousand won. the profits are 1,749,098 thousand won. As payback period is 8.97years, applicability is low level. However, it has advantages in energy consumption, carbon dioxide emission & energy cost. Therefore, it needs to proceed through government assistance.

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Preliminary Cost Estimates for Nuclear Hydrogen System Based on High Temperature Electrolysis (고온전기분해 이용 원자력수소 예비타당성 연구)

  • Yang, Kyeongjin;Lee, Taehoon;Lee, Kiyoung
    • 한국신재생에너지학회:학술대회논문집
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    • 2010.06a
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    • pp.228.2-228.2
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    • 2010
  • In this work, the hydrogen production costs of the nuclear energy sources are estimated in the necessary input data on a Korean specific basis. G4-ECONS was appropriately modified to calculate the cost for hydrogen production of HTE process with Very High Temperature nuclear Reactor (VHTR) as a thermal energy source rather than the LUEC (Levelized Unit Electricity Cost). The general ground rules and assumptions follow G4-ECONS. Through a preliminary study of cost estimates, we wished to evaluate the economic potential for hydrogen produced from nuclear energy, and, in addition, to promptly estimate the hydrogen production costs for an updated input data for capital costs. The estimated costs presented in this paper show that hydrogen production by the VHTR could be competitive with current techniques of hydrogen production from fossil fuels if $CO_2$ capture and sequestration is required. Nuclear production of hydrogen would allow large-scale production of hydrogen at economic prices while avoiding the release of $CO_2$. Nuclear production of hydrogen could thus become the enabling technology for the hydrogen economy. The major factors that would affect the cost of hydrogen were also discussed.

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A Simulation based Study on the Economical Operating Strategies for a Residential Fuel Cell System (시뮬레이션 기반 가정용 연료전지 시스템의 경제적 운전전략에 관한 연구)

  • Hwang, Su-Young;Kim, Min-Jin;Lee, Jin-Ho;Lee, Won-Yong
    • Transactions of the Korean hydrogen and new energy society
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    • v.20 no.2
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    • pp.104-115
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    • 2009
  • In case of residential fuel cell system, it is significant to stably supply heat and power to a house with high efficiency and low cost for the successful commercialization. In this paper, the control strategy analysis has been performed to minimize the total cost including capital and operating cost of the residential fuel cell system. The proposed analysis methodology is based on the simulator including the efficiency models as well as the cost data for fuel cell components. The load control strategy is the key factor to decide the system efficiency and thus the cost analysis is performed when the fuel cell system is operated for several different load control logics. Additionally, annual efficiency of the system based on the seasonal load data is calculated since system efficiency is changeable according to the electric and heat demand change. As a result, the hybrid load control combined electricity oriented control and heat oriented control has the most economical operation.