• Title/Summary/Keyword: Energy Cost Evaluation

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A Study on Reliability Evaluation for Constructing Inner Grid of Offshore Wind Farm (해상풍력단지의 내부 계통망 구성을 위한 신뢰도 평가에 관한 연구)

  • Bae, In-Su;Shin, Je-Seok;Kim, Jin-O
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.27 no.11
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    • pp.89-95
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    • 2013
  • In resent years, Offshore Wind Farm (OWF) is being actively developed. Typically, OWF has a better wind resource than onshore one, but also have a very high investment cost and maintenance cost. Furthermore, due to a difficulty of geographical access, OWF can be affected by the failure for a longer time. As the result, OWF has a higher loss cost. Therefore, a reliability evaluation should be performed more carefully at OWF planning stage. In this paper, a methodology for the reliability evaluation on inner grid is suggested. Inner grid connects wind turbines via submarine cables and transfers power to offshore substation. According to location of the faulted cable under layouts of inner grid, the transfer ability of inner grid is influenced. In order to indicate the transfer ability of inner grid, several indices are introduced such as PNDR, EEND and EENDC. To demonstrate the methodology described in this paper, diversity case studies were performed.

Study on Cost of Energy(COE) Reduction Scenario of Korean Offshore Wind Power (해상풍력발전의 에너지단가(COE)절감 시나리오 연구)

  • Sung, Jin Ki;Lee, Jong Hoon;Kang, Kung Suk;Lee, Tae Jin
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.62 no.11
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    • pp.1520-1527
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    • 2013
  • The purpose of this study is to derive COE reduction targets of offshore wind power in Korea. In addition, innovation factors for achieving the COE reduction targets were derived. Also the COE reduction targets of offshore wind power was to improve that national policy, technology, industry and improving regulations would like to help. The results of this study has been created based on the various assumptions, scenarios and experts' discussions. Currently, offshore wind power generation price is 229.72won/kWh in 2012. According to the study, COE of offshore wind power has been proposed 88.8won/kWh at third scenario by 2030. This result has shown competitiveness with fossil fuel power generation.

Development of Economic Evaluation of Indoor Lighting System (실내 조명시스템의 경제성 평가법 개발)

  • Cho, Sook-Hyun;Lee, Min-Wook;Choi, Hyeon-Seok;Kim, Hoon
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.26 no.1
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    • pp.8-14
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    • 2012
  • An economic evaluation is required to reduce the cost of energy and lighting in the design of interior lighting. WEELS2011 is developed as a method of economic evaluation for LED lighting systems. Economic evaluation for fluorescent and LED lightings and after applying rebate to LED system is conducted using WEELS2011. The utilization and analysis of WEELS2011 are suggested for the reduction of energy and lighting cost.

Development of DSM Potential Evaluation Procedures and Algorithm (DSM 잠재량 평가절차 및 알고리즘 개발)

  • Rhee, Chang-Ho;Park, Jong-Jin
    • Proceedings of the KIEE Conference
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    • 1997.07c
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    • pp.917-919
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    • 1997
  • Recently, electric industry confront a strategical change and high competiveness environment in the course of deregulation. Especially, rapid growth in electricity demand, financial need for new power plant construction, and environmental problems have led to search for more efficient energy production and energy conservation technologies in Korea. Due to the potential energy and cost savings, DSM(Demand-Side Management) plays and important role in the electric resource planning. In this paper, we suggest DSM potential evaluation procedures and algorithm. Also, we present screening analysis methods for DSM potential evaluation.

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A Study on the Outage Cost Assessment by using Macro Approach (거시적인 접근방법을 통한 공급지장비 추정에 관한 연구)

  • Park, Young-Shin;Jeon, Dong-Hoon;Park, Jeong-Je;Oh, Tae-Gon;Cho, Kyeong-Hee;Choi, Jae-Seok
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.59 no.10
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    • pp.1703-1711
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    • 2010
  • Electric power utilities are facing increasing uncertainties regarding the economic, political, societal, environmental constraints under they operate and plan their future systems. The utilities have to integrate consumers' interruption cost representing reliability worth of electricity into the process of determining the optimum investment level. In order to do so, the estimated outage cost must be included into quantitative index corresponding to system capital and operation investment cost to establish an optimal expansion plan. This paper is a study on the outage cost assessment by using macro approach for calculating IEAR(Interrupted Energy Assessment Rates) and the TRELSS(Transmission Reliability Evaluation for Large-Scale Systems) program was used to calculate EENS(Expected Energy Not Served).

Assessment of Reliability in the Distribution System of an Industrial Complex

  • Choi, Sang-Bong
    • Journal of Electrical Engineering and Technology
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    • v.2 no.2
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    • pp.201-207
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    • 2007
  • As the power industry moves towards open competition, there has been a need for methodology to evaluate distribution power system reliability by using customer interruption costs, particularly in power supply zones under the competitive electricity market. This paper presents an algorithm to evaluate system average interruption duration index, expected energy not supplied, and system outage cost taking into consideration failure rate of the distribution facility and industrial customer interruption cost. Also, to apply this algorithm to evaluate system outage cost presented in this paper, the distribution arrangement of a dual supply system consisting of mostly high voltage customers in an industrial complex in Korea is used as a sample case study. Finally, evaluation results of system interruption cost, system average interruption duration index, and expected energy not supplied in the sample industrial complex area are shown in detail.

A Software for Cost-effectiveness Evaluation of DSM Programs (수요관리사업 실적 평가용 전산모형 개발)

  • Park, Jong-Jin;Rhee, Chang-Ho;Kim, Jin-O
    • Proceedings of the KIEE Conference
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    • 2003.07a
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    • pp.618-620
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    • 2003
  • This paper presents a software for cost-effectiveness evaluation of DSM programs (Dsm-Lite). The presented software can help the users to analyze the energy consumptions and peak reductions of DSM programs, evaluate the cost effectiveness for TRC and RIM, and identify the benefits and the costs for each Test. The Dsm-Lite software can also provide the effective information on avoided costs, electric rates, and rebates by year etc.

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Economic Evaluation of Domestic Photoelectrochemical Hydrogen Production (국내 광전기화학 수소생산의 경제성 평가)

  • Gim, Bong-Jin;Kim, Jong-Wook
    • Transactions of the Korean hydrogen and new energy society
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    • v.21 no.1
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    • pp.64-71
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    • 2010
  • This paper deals with an economic evaluation of domestic immersing type photoelectrochemical hydrogen production. We also make some sensitivity analysis of hydrogen production prices by changing the values of input factors such as the initial capital cost, the solar to hydrogen conversion efficiency, and the system duration time. The hydrogen production price of the immersing type photoelectrochemical system was estimated as 8,264,324 won/$kgH_2$. It is expected that the production cost by photoelectrochemical hydrogen production can be reduced to 26,961 won/$kgH_2$ if the solar to hydrogen conversion efficiency is increased to 14%, the system duration time is increased to 20,000 hours, and the initial capital cost is decreased to 10% of the current level. The photoelectrochemical hydrogen production is evaluated as uneconomical at this time, and we need to enhance the solar to hydrogen conversion efficiency and the system duration time as well as to reduce prices of the system facilities.

Energy Consumption Characteristics and Evaluation of Thermal Insulation Performance in Accordance with Built Year of Apartment Complex (공동주택의 준공연도에 따른 단열성능 평가 및 에너지소비 특성에 관한 연구)

  • Choi, Doo Sung;Lee, Myung Eun;Chun, Hung Chan
    • KIEAE Journal
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    • v.14 no.3
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    • pp.79-86
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    • 2014
  • Studies have shown that the thermal performance of buildings changes depending on the year of construction completion. It leads to increased energy consumption of buildings and significant financial burden on users. Thus, this study has calculated the thermal insulation performance of 86 apartments quantitatively, using temperature difference ratio and sensible heat flux. Also, energy consumption characteristics depending on the year of construction completion and thermal insulation performance were analyzed by comparatively analyzing the results of insulation performance evaluation and heating costs. The analysis results are as follows. As for thermal insulation performance, it was around 70% lower in the apartments completed before 1985, compared to apartments completed after 2010. As for heating costs, the apartments with the highest heating cost incurred 1.5 higher heating cost than the apartment with the lowest heating cost. In terms of the insulation performance evaluation, the difference was 2.5-fold.

Economic Evaluation of Domestic Window Type Photoelectrochemical Hydrogen Production Utilizing Solar Cells (태양전지를 이용한 국내 Window Type 광전기화학 수소생산의 경제성 평가)

  • Gim, Bong-Jin;Kim, Jong-Wook
    • Transactions of the Korean hydrogen and new energy society
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    • v.21 no.6
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    • pp.595-603
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    • 2010
  • This paper deals with an economic evaluation of domestic window type photoelectrochemical hydrogen production utilizing solar cells. We make some sensitivity analysis of hydrogen production prices by changing the values of input factors such as the initial capital cost, the solar to hydrogen conversion efficiency, and the system duration time. The hydrogen production price of the window type photoelectrochemical system was estimated as 1,168,972 won/$kgH_2$. It is expected that hydrogen production cost can be reduced to 47,601 won/$kgH_2$ if the solar to hydrogen conversion efficiency is increased to 14%, the system duration time is increased to 20,000 hours, and the initial capital cost is decreased to 25% of the current level. We also evaluate the hydrogen production cost of the water electrolysis using the electricity produced by solar cells. The corresponding hydrogen production cost was estimated as 37,838 won/$kgH_2$. The photoelectrochemical hydrogen production is evaluated as uneconomical at this time, and we need to enhance the solar to hydrogen conversion efficiency and the system duration time as well as to reduce prices of the system facilities.