• Title/Summary/Keyword: Energy Payback Time

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Energy and Cost Efficiency on applying Solar Control Facade System (일사조절 장치 적용에 따른 에너지 및 비용효과 분석)

  • Ahn, Ki-Uhn;Kim, Seong-Jin;Kim, Dong-Hee;Moon, HyunSeok
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2013.11a
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    • pp.98-99
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    • 2013
  • Recently, solar control facade systems are highlighted due to its low cost and outstanding applicability for green remodeling. However, it has not been long time since the systems were introduced. Therefore, the application study of the solar control system also has been insufficient. In this study, simulated models were developed and three types of solar control systems(i.e., overhang, blind, and screen)are installed in the models. The efficiency of energy savings and investment payback period according to the application of solar control facade system were analyzed.

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An Application Study on the Actual Site for Using Waste Heat (폐열을 이용한 열공급 실증 연구)

  • 이덕기;박수억;이승진
    • Journal of Energy Engineering
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    • v.10 no.4
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    • pp.327-334
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    • 2001
  • Heat is wasted by unconcern in industrial complex. This paper presented for using waste heat, which investigated step by step from searching waste heat to starting construction before and directly applied for the using waste heat in the actual site. Especially, using heat is assessed by investigation of heat supply and demand. Design of heat transportation system was made base on analysis of heat balance between demand and supply, which was analyzed by economical efficiency and property. Payback-period on investment was 1,909 years that was comparatively a short period of time in assessment.

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Techno-economic design of a grid-tied Photovoltaic system for a residential building

  • Asad A. Naqvi;Talha Bin Nadeem;Ahsan Ahmed;Muhammad Uzair;S. Asad Ali Zaidi
    • Advances in Energy Research
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    • v.8 no.1
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    • pp.59-71
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    • 2022
  • Increasing cost of electricity due to rising price of fuel is one of the local community's main issues. In this research, switching of grid dependent system to the grid-tied Photovoltaic (PV) system with net metering for a residential building is proposed. The system is designed by considering the maximum energy demand of the building. The designed system is analyzed using RETScreen on technical, economic and environmental grounds. It is found that the system is able to produce 12,000 kWh/year. The system is capable to fulfill the electricity demand of the building during day time and is also capable to sell the energy to the local grid causing the electric meter to run in reverse direction. During night time, electricity will be purchased from grid, and electric meter will run in the forward direction. The system is economically justified with a payback period of only 3 years with net present value of PKR. 4,758,132. Also, the system is able to reduce 7.2 tons of CO2 not produced in the entire life of the project.

Development of Energy Saving System Using the Microwave Sensor (마이크로웨이브 센서를 이용한 에너지 절약시스템 개발)

  • Jung, Soon-Won;Lee, Jae-Jin;Koo, Kyung-Wan
    • The Transactions of the Korean Institute of Electrical Engineers P
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    • v.57 no.4
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    • pp.404-407
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    • 2008
  • Because of directly receiving the thing in which a microwave is reflected and comparing the frequency, the microwave sensor with doppler effect completely overcomes the problem of the passive infrared sensor. The microwave sensor with doppler effect well operates about a temperature, the dust, and the peripheral noise because of being dull in the most of ambient conditions. The system developed in this research is the electricity saving detection sensor which it senses the real time action of a man as the microwave sensor and automatically turns on the electric lamp and turns off, minimizes the electrical energy consumption. Since the microwave sensor is not influenced in the light, the dust, and the natural element like the ambient temperature, the effectiveness is considered to be superior to the passive infrared sensor being used currently. There was the energy reduction effect more than about 60% in the performed example which established this system. When this was compared with the construction cost, the cost of establishing payback period was about 1-1.5 year. The microwave sensor with doppler effect developed from this research result is convinced in the future to do enough for the electric energy saving.

A Case Study on the Installation and Operation of the Standing Column Well Method (우물관정형(SCW공법) 지열히트펌프 시스템의 설치 및 운영사례)

  • Na, Sang-Min;Park, Si-Sam;Park, Jong-Hun;Rhee, Keon-Joong;Kim, Tae-Won
    • 한국신재생에너지학회:학술대회논문집
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    • 2009.06a
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    • pp.592-595
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    • 2009
  • In recent years, geothermal heat pump (GHP) systems have become increasingly popular for heating and cooling in buildings. The Standing Column Well (SCW) method is one of the most efficient GHP system. Because it use groundwater for heat transfer material. In SCW systems, water is re-circulated between the well and the building (heat pump). It is only a short time since this method has been applied in domestic. So we have to refer to the developed countries' guides and manuals of SCW. In this paper, several design and construction points of SCW method are filed. We used real operation data of SCW system at Chong-Ju Univ. site for economical efficiency analysis. As a result, the payback period of Chong-Ju Univ. site is calculated at 7.23 years.

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A Study on the Optimum Application Method of Solar Thermal System to reduce Thermal Load and Carbon Emission in Apartment Building (공동주택의 열부하 및 탄소배출량 저감을 위한 태양열시스템의 최적 적용 방안 연구)

  • Yoon, Jong-Ho;Sim, Se-Ra;Shin, U-Cheul;Baek, Nam-Chun;Kwak, Hee-Yul
    • Journal of the Korean Solar Energy Society
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    • v.31 no.2
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    • pp.135-142
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    • 2011
  • Architectural market in the world is trying to develop Zero Carbon Buildng that doesn"t use fossil fuel. Residential building that thermal load such as heating and domestic hot water is over 70% in energy consumption is easy to make Zero Carbon Building compared with office building that is mainly electric load. So, As a preliminary for analyzing the effect of Solar thermal system in the building, an annual energy consumption of residential building and total heat loads are calculated. Based on this result, three alternatives of solar thermal system for hot water and heating are applied in the building while installation area is increasing. Solar thermal system is applied on balcony and roof of apartment building as the way to reduce thermal load. In the first case that solar thermal system for hot water is applied on the balcony, optimum installation area is $56m^2$. And you could install $40m^2$ of this system in the roof that angle is $30^{\circ}$. In the second case of solar thermal system for heating and hot water, you can install $40m^2$ on the roof. As a result of economic evaluation, the most economical application method is to install $40m^2$ of solar thermal system for only hot water on the roof of the building. At that time, you can payback the initial investing cost within 10 years. And carbon emission of this method can be reduced until about 4 ton per year.

Determination of Optimal sizes of Battery Energy Storage System Considering Rate-Of-Return for Customers-side (수익률을 고려한 수용가측 전자전력저장시스템의 최적용량 선정)

  • Hong, Jong-Seok;Kim, Jae-Chul;Choi, Joon-Ho;Son, Hak-Sik
    • Proceedings of the KIEE Conference
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    • 2001.11b
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    • pp.146-148
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    • 2001
  • This paper discusses the optimal sizes of BESS. The goal must be optimized electricity charge of the customers-side with choosing the time-of-use rates. Therefore the cost is minimized by BESS installed the customers-side. Feasible ROR that means the ratio of capital costs to economic effect owned the optimal BESS sizes is determined the suitable domestic condition based on the battery cost and power converter system cost. Payback period times can be presented by BESS through the ROR. Multi-Pass Dynamic Programming(MPDP) algorithm is applied to the customer for the optimal sizes determination in this paper. It is to solve the optimal solution under the constraints. To investigate the efficiencies of the constraints, it is applied the typical load curve to the high-voltage customer owned Time-Of-Use(TOU) whether BESS is installed or not. Well, The result is obtained that feasible BESS sizes can be achieved the suitable customers-side of meter through the ROR.

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Estimation of Reasonable Price of Battery Energy Storage System for Electricity Customers Demand Management (전력소비자 수요관리용 전지전력저장시스템의 적정 가격 산정)

  • Kim, Seul-Ki;Cho, Kyeong-Hee;Kim, Jong-Yul;Kim, Eung-Sang
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.62 no.10
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    • pp.1390-1396
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    • 2013
  • The paper estimated the reasonable market price of lead-acid battery energy storage system (BESS) intended for demand management of electricity customers. As time-of-use (TOU) tariffs have extended to a larger number of customers and gaps in the peak and off-peak rates have gradually risen, deployment of BESS has been highly needed. However, immature engineering techniques, lack of field experiences and high initial investment cost have been barriers to opening up ESS markets. This paper assessed electricity cost that BESS operation could save for customers and, based on the possible cost savings, estimated reasonable prices at which BESSs could become a more prospective option for demand management of customers. Battery scheduling was optimized to maximize the electricity cost savings that BESS would possibly achieve under TOU tariffs conditions. Basic economic factors such as payback period and return on investment were calculated to determine reasonable market prices. Actual load data of 12 industrial customers were used for case studies.

Application of ozone treatment in cooling water systems for energy and chemical conservation

  • Ataei, Abtin;Mirsaeed, Morteza Ghazi;Choi, Jun-Ki;Lashkarboluki, Reza
    • Advances in environmental research
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    • v.4 no.3
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    • pp.155-172
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    • 2015
  • In this study, a complete set of recirculating cooling water system and the required instruments were built in a semi-industrial-scale and a 50 g/h ozone generation plant and a chlorine system were designed for cooling water treatment. Both chlorination and ozonation treatment methods were studied and the results were analyzed during two 45-days periods. The concentrations of ozone and chlorine in recirculating water were constant at 0.1 mg/lit and 0.6 mg/lit, respectively. In ozone treatment, by increasing the concentration cycle to 33%, the total water consumption decreased by 26% while 11.5% higher energy efficiency achieved thanks to a better elimination of bio-films. In case of Carbon Steel, the corrosion rate reached to 0.012 mm/yr and 0.025 mm/yr for the ozonation and chlorination processes, respectively. Furthermore, consumptions of the anti-corrosion and anti-sedimentation materials in the ozone cooling water treatment were reduced about 60% without using any oxidant and non-oxidant biocides. No significant changes in sediment load were seen in ozonation compared to chlorination. The Chemical Oxygen Demand of the blow-down in ozonation method decreased to one-sixth of that in the chlorination method. Moreover, the soluble iron and water turbidity in the ozonation method were reduced by 97.5% and 70%, respectively. Although no anaerobic bacteria were seen in the cooling water at the proper concentration range of ozone and chlorine, the aerobic bacteria in chlorine and ozone treatment methods were 900 and 200 CFU/ml, respectively. The results showed that the payback time for the ozone treatment is about 2.6 years.

Economic Evaluations of Direct Coal Liquefaction Processes (직접석탄액화 공정의 경제성 평가)

  • Park, Joo-Won;Kweon, Yeong-Jin;Kim, Hak-Joo;Jung, Heon;Han, Choon
    • Korean Chemical Engineering Research
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    • v.47 no.1
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    • pp.127-132
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    • 2009
  • This report examines the economic feasibility of a commercial 50,000 barrel per day direct coal liquefaction(DCL) facility to produce commercial-grade diesel and naphtha liquids from medium-sulfur bituminous coal. The scope of the study includes capital and operating cost estimates, sensitivity analysis and a comparative financial analysis. Based on plant capacity of 50,000BPD, employing Illinois #6 bituminous coal as feed coal the total capital cost appeared $3,994,858,000. Also, the internal rate of return of DCL appeared 6.60% on the base condition. In this case, coal price and sale price of products were the most influence factors. And DCL's payback period demanded a long time(12.3 years), because of high coal price at the present time. According to sensitivity analyses, the important factors on DCL processes were product sale price, feed coal price and the capital cost in order.