• Title/Summary/Keyword: Energy Cost

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A Study on the Pro-Environmental Energy Supply Program of Urban Enterprises on the concept of BAT(Best Available Technology): Application of Air Environmental Indices and Benefit-Cost Analysis Based (한 도시 사업체 에너지 수급의 최적화 방안 연구 - 대기오염지수와 경제성 평가를 중심으로 -)

  • Kwon, Yong-Sik;Kim, Yong-Bum;Chung, Yong
    • Journal of Environmental Impact Assessment
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    • v.7 no.2
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    • pp.89-102
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    • 1998
  • The purpose of this study is to seek AEI(Air Environmental Indices), PSI(Pollutant Standard Index) and the urban air quality control goal(the best available alternative energy program) by assessing the best ratio of energy types used in urban enterprises, based on harmful health effect and air quality standard and costs. This study is focused on an urban area(Puchun), where area sourcees are associated with heavy traffic, large population, and its industrial sources with large emissions. In the first step, air modeling, estimation of AEI and PSI, and benefit-cost analysis were carried out. In the second step, we assessed that 660 scenarios about the ratio of B-C oil, light oil and LNG used in urban enterprises with regard to air quality and cost. In the third step, the best available alternative energy program was selected for the ratio of energy species(B-C oil, light oil and LNG) by using the lexicographic method. From the emission analysis, main source of $NO_2$ is identified as industries and air quality is evaluated according to the ratio of B-C oil, light oil and LNG used in urban enterprise. The modeling data of TSP, $SO_2$, $NO_2$, CO, $O_3$, by ISC3 and PBM are respectively $118{\mu}g/m^3$, 0.027ppm, 0.025ppm, 2.0ppm, 0.55ppm in indurstrial area. That data are close to Environmental Air Quality Standard. By means of sensitivity analysis, we obtained the difference in concentration between the areas(Nae-dong, Joong-dong) according to the ratio of B-C oil, light oil and LNG used in the industries. From the result of alternatives assessment the lowest AEI value and cost, the ratio of B-C oil, light oil and LNG are 2.5%, 20%, 77.5%, respectively.

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KEPCO-China Huaneng Post-combustion CO2 Capture Pilot Test and Cost Evaluation

  • Lee, Ji Hyun;Kwak, NoSang;Niu, Hongwei;Wang, Jinyi;Wang, Shiqing;Shang, Hang;Gao, Shiwang
    • Korean Chemical Engineering Research
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    • v.58 no.1
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    • pp.150-162
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    • 2020
  • The proprietary post-combustion CO2 solvent (KoSol) developed by the Korea Electric Power Research Institute (KEPRI) was applied at the Shanghai Shidongkou CO2 Capture Pilot Plant (China Huaneng CERI, capacity: 120,000 ton CO2/yr) of the China Huaneng Group (CHNG) for performance evaluation. The key results of the pilot test and data on the South Korean/Chinese electric power market were used to calculate the predicted cost of CO2 avoided upon deployment of CO2 capture technology in commercial-scale coal-fired power plants. Sensitivity analysis was performed for the key factors. It is estimated that, in the case of South Korea, the calculated cost of CO2 avoided for an 960 MW ultra-supercritical (USC) coal-fired power plant is approximately 35~44 USD/tCO2 (excluding CO2 transportation and storage costs). Conversely, applying the same technology to a 1,000 MW USC coal-fired power plant in Shanghai, China, results in a slightly lower cost (32~42 USD/tCO2). This study confirms the importance of international cooperation that takes into consideration the geographical locations and the performance of CO2 capture technology for the involved countries in the process of advancing the economic efficiency of large-scale CCS technology aimed to reduce greenhouse gases

Standby Strategies for Energy Saving in Peripheral Equipment of Machine Tools (공작기계 주변장치의 에너지 절감 대기전략)

  • Kim, Taejung;Kim, Taeho;Jee, Sungchul
    • Journal of the Korean Society for Precision Engineering
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    • v.30 no.5
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    • pp.486-492
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    • 2013
  • Energy cost has been increasing rapidly to comply with environmental regulations worldwide and the manufacturing industry who consumes more than half of the total energy needs to improve their cost competitiveness considering environmental costs. Machine tools are essential elements in manufacturing industry and efforts have been made recently to increase their energy efficiency mainly by German and Japanese machine tool builders. In this paper, trends in energy saving technology are described on the hardware and software sides of peripheral equipment of machine tools. In addition, the power consumption of a machining center is measured and analyzed to develop a software-based standby strategy for energy saving with peripheral equipment of machine tools.

Economic Feasibiltiy Analysis of Renewable Energy of Green Home Policy (그린홈사업을 위한 신재생에너지 기술의 경제적 타당성 평가)

  • An, Hyung-Jun;Heo, Eun-Nyeong
    • 한국신재생에너지학회:학술대회논문집
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    • 2009.06a
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    • pp.196-199
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    • 2009
  • Korean government decided to give a subsidy for renewable energy system of green home. This policy will make an appeal to consumers. But For success of this policy, Economic benefit of consumer is essential. In this study, benefit and cost is seperated to consumer part and government part, respectively. consumer's benefit is energy saving and asset value increment. Consumer's cost is real input money except government's subsidy. Government's benefit is consist of energy import reduction, carbon discharge reduction and new production increment, As a result, the government subsidy will not so enough to activate the green home. PV system for the korean general apartment has the payback period of 19 years. So, For the dissemination of renewable energy of green home, more strong subsidy policy and more economic technoloy development is requested.

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Performance improvement of single-layer neural network with feedback by analyzing the computational energy function (계산 에너지 함수 분석을 통한 궤환성을 갖는 단층신경회로망의 성능개선)

  • 고경희;강민제
    • Journal of the Korean Institute of Telematics and Electronics C
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    • v.34C no.12
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    • pp.54-60
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    • 1997
  • A new method to neglect the third term of the computational energy expression in the single-layer neural network with feedback is introduced. The system often converges to local minima instead of to global minima, because the computational energy is not matched exactly with the cost function being optimized. One of the factors causing these tow functions different is the third term of computational enegy expression. Regarding this third term energy very small, it is always ignored in designing the system. However, a sthe system growing, this third term energy is also growing and this grown term makes the computational energy function much different from the cost function. In results of differency between two functions, system converges to local minima more than before. In this paper, a new method to neglect te third term energy is introduced, so that the system with tis new method has been imroved.

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Development of the ultra-high speed electric injection molding machine using the energy regeneration method (에너지 회생 기법을 사용한 초고속 전동 사출성형기 개발)

  • Yu, Hyeon-Jae;Yoo, Sung-Chul;Hyun, Chang-Hoon;Park, Kyoung-Ho
    • Design & Manufacturing
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    • v.10 no.2
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    • pp.1-5
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    • 2016
  • High-speed and high-torque performance is required in the ultra-high speed electric injection molding machine field. To implement this performance, the big-size inverter is needed and the corresponding converter should be used. In this case, the whole cost for configuring the system will be increased. In this paper, we introduce a method which is able to reduce the energy and the cost for configuring the system using the energy regeneration. The energy regeneration method is based on reusing the regeneration power generated at the electric motor during decelerating the injection motion. In this paper, we demonstrate the effectiveness of the method by using the ultra-high speed injection motion.

Evaluating Geographic Differences in Electricity Burdens: An Analysis of Socioeconomic and Housing Characteristics in Erie County, New York

  • Nolan W. Kukla
    • Asian Journal of Innovation and Policy
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    • v.12 no.1
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    • pp.101-130
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    • 2023
  • The increasing cost, and demand for, household energy has increased attention to the phenomena of energy burdens. Despite this increased attention, a lack of consensus remains in pinpointing the strongest predictors, and geographic differences, that exist within the energy ecosystem. This study addresses this gap by utilizing a series of dummy variable regressions across cities, suburbs, and rural areas within Erie County, New York-a county noted to have particularly high energy burdens. Specifically, three types of predictor sets were incorporated into the methodology: a set of socioeconomic variables, physical variables, and a combination of both variable sets. The results of this study suggest that cities tend to have the highest electricity burdens. Despite the aging infrastructure in Erie County, high energy burdens were driven primarily by socioeconomic factors such as housing cost burden and poverty status. Lastly, this study explores various planning and policy implications Erie County can utilize to reduce energy burdens. In turn, this study highlights the importance of focusing policy efforts on existing social service programs to provide support to the region's neediest households.

Policy Directions to Enhance Economic Feasibility of Agrivoltaics in Korea (영농형 태양광 경제성 제고를 위한 정책 방안)

  • Jong-Ik Kim;Sangmin Cho
    • New & Renewable Energy
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    • v.20 no.1
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    • pp.15-25
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    • 2024
  • This study analyzes the economic feasibility of agrivoltaics in South Korea. The key findings are as follows. It was ascertained that an amendment to the Farmland Act, which currently has an 8-year permit period, is necessary to ensure the economic feasibility of agrivoltaic projects. Furthermore, economic feasibility improves when agrivoltaic projects are financed, as against cases without financing. Furthermore, the availability of low-interest loans through financial support programs significantly enhances economic feasibility. Scaling up projects leads to cost savings due to economies of scale, while community-based agrivoltaic initiatives generate higher revenue through the acquisition of additional Renewable Energy Certificates. These factors can help improve the economic feasibility of agrivoltaic projects. These incentives are emphasized as they can serve as a source of funding to foster community acceptance of agrivoltaic projects.

Daily Cooling Performance Comparison of a Geothermal Heat Pump System between Energy-Pile and Energy-Slab (에너지파일과 에너지슬래브 적용 지열원 열펌프 시스템의 일일 냉방 운전 특성 비교)

  • Choi, Jong-Min;Park, Yong-Jung;Kang, Shin-Hyung
    • Journal of the Korean Society for Geothermal and Hydrothermal Energy
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    • v.8 no.3
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    • pp.29-35
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    • 2012
  • Geothermal heat pump system has been spotlighted as an efficient building energy system, because it has great potentials for reducing energy in building air conditioning and reducing $CO_2$ emissions. However, higher initial cost is a barrier to the promotion of its use. Energy-pile and energy-slab are known as low cost ground heat exchangers comparing with conventional ground heat exchangers, because they utilize building structures as ground heat exchangers. This paper presents the daily cooling performance of a geothermal heat pump system with energy-pile and energy-slab. The energy-piles and the energy-slabs are connected to heat pump units in parallel. The cooling capacity of the system was nearly constant due to the stability of the ground heat exchangers. The stability of the energy-pile was a little higher than that of the energy-stab as a heat sink.