• Title/Summary/Keyword: Energy cost reduction

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Energy efficiency retrofit package plan for existing buildings (기존 건축물의 에너지 효율화 리트로핏 패키지 방안)

  • Kim, Su Min;Cho, Hyun Mi
    • Land and Housing Review
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    • v.11 no.1
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    • pp.95-101
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    • 2020
  • In the past few decades, the global population growth and rapid economic development have resulted in significant increases in building energy consumption. To reduce greenhouse-gas emissions and building energy consumption, building materials and energy technologies must be optimized. Building retrofitting is a more efficient method than reconstruction to improve the building energy performance. In order to improve the energy performance of existing buildings, this study proposed energy-efficiency retrofit plans and derived cost-effective retrofit plan. The energy efficient retrofit method is achieved through the packaging of energy technology and the energy and cost reduction effect of the energy efficiency retrofit package are analyzed. As a result of the study, the energy-efficiency retrofit package showed an energy reduction effect of up to 60% or more and a construction cost reduction of about 30%. This study argues that optimal energy and construction cost reduction of existing buildings are possible through the packaging of energy efficiency technology.

Economic Analysis of Cogeneration System Considering Economical Value of $CO_2$ Reduction Effect (이산화탄소 저감 효과의 경제적인 가치를 고려한 Cogeneration System의 경제성 분석)

  • Kang, Yul-Ho;Ku, Bon-Cheol;Han, Young-Cheol;Lee, Jae-Keun
    • Proceedings of the SAREK Conference
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    • 2008.06a
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    • pp.1117-1121
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    • 2008
  • Recently energy consumption and $CO_2$ emission issue are important problem on international society. The present study has been conducted economic analysis considering economical value of $CO_2$ reduction effect. We analyze annual energy cost and annual $CO_2$ emission of the cogeneration system and gas boiler system in hotel. The first results shows that annual energy cost of cogeneration system (751,740,126 won) is more profitable than gas boiler system (801,128,408 won) by 6.2% (49,388,281 won). The second results shows that annual $CO_2$ emission of cogeneration system (3,297 ton) is less than gas boiler system (3,536 ton) by 6.8% (239 ton). The Economical value of $CO_2$ reduction effect is 4,773,898 won. The cost effect according to the reduction of $CO_2$ is corresponding to 9.7% of reduction cost for total energy cost. The result of this study means that $CO_2$ reduction effect is essential item in introduction and change of facility for economic analysis.

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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.

Empirical Research on Application of ICT for Reduction of Energy Consumption of Hospital Buildings (ICT를 활용한 병원건물의 에너지 절감방안 연구)

  • Lee, Junghwan;Han, Youngdo;Kim, Dongwook
    • The Journal of the Korea Contents Association
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    • v.18 no.1
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    • pp.422-430
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    • 2018
  • Increase in oil prices and building energy consumption has been a great burden for Korea which has significant energy dependence on foreign energy sources. In this context, reduction of building energy consumption, which comprises 40% of total energy consumption, is a very important issue. This research therefore empirically analyzed a hospital "P" that implemented ICT-based energy consumption and cost reduction initiative. The hospital first replaced existing water absorber for heating/cooling air and boiler for heating water with water heat storage heat pump system. This was accompanied by subscribing to different electricity price plans to maximize cost reduction. Secondly, the hospital additionally applied ICT-based optimized control algorithm that considers surrounding factors (external temperature, changes in energy demand). The analysis of these mechanisms indicate that the ICT-based energy consumption and cost reduction initiative for hospitals can reduce energy consumption by 53.6% with replacement of low-efficiency equipment and additionally by 18.2% with optimized control algorithm. The mechanisms will provide energy consumption reduction opportunities for other hospitals and buildings with high energy consumption.

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.

On the energy economics of air lubrication drag reduction

  • Makiharju, Simo A.;Perlin, Marc;Ceccio, Steven L.
    • International Journal of Naval Architecture and Ocean Engineering
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    • v.4 no.4
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    • pp.412-422
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    • 2012
  • Air lubrication techniques for frictional drag reduction on ships have been proposed by numerous researchers since the 19th century. However, these techniques have not been widely adopted as questions persist about their drag reduction performance beyond the laboratory, as well as energy and economic cost-benefit. This paper draws on data from the literature to consider the suitability of air lubrication for large ocean going and U.S. Great Lakes ships, by establishing the basic energy economic calculations and presenting results for a hypothetical air lubricated ship. All the assumptions made in the course of the analysis are clearly stated so that they can be refined when considering application of air lubrication to a specific ship. The analysis suggests that, if successfully implemented, both air layer and partial cavity drag reduction could lead to net energy savings of 10 to 20%, with corresponding reductions in emissions.

Scenario Analysis of Low-Carbon Generation Mix Considering Social Costs (사회적 비용을 고려한 저탄소 전원구성의 시나리오 분석)

  • Park, Jong-Bae;Cho, Young-Tak;Roh, Jae Hyung
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.67 no.2
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    • pp.173-178
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    • 2018
  • This study organizes scenarios on the power supply and demand plans considering the uncertainties and the portion of distributed energy resources. In analysing the scenarios, it estimates total electricity supply cost in the social aspect, natural gas demand and air pollutants emission including carbon dioxide. Also the analysis is performed to estimate the marginal cost of carbon dioxide reduction for the fuel switching from coal to liquified natural gas. In result, the social cost could be decreased by replacing some portion of renewable energy by LNG-based combined heat and power and delaying the construction of large base-load generators such as coal and nuclear plants. The marginal carbon dioxide reduction cost by fuel switching is in plausible range for fuel switching to be an option for carbon dioxide emission reduction when the social cost is considered.

Indoor Temperature Control of a Heat Pump Based on Model Predictive Control Considering Energy Efficiency (에너지효율을 고려한 모델예측제어에 기초한 열펌프의 실내온도 제어)

  • 조항철;변경석;송재복;장효환;최영돈
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.13 no.3
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    • pp.200-208
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    • 2001
  • In indoor temperature control of a heat pump, a reduction in energy consumption is very important. However, most control schemes for heat pumps have focused only on control performance such s settling time and steady-state error. In this paper, the model predictive control (MPC) which includes the energy-related variable in this cost function is proposed. By computing the control signal minimizing this cost function, the trade-off between energy reduction and temperature control performance can be obtained. Since the MPC required the process model, the dynamic mode of a heat pump is also obtained by the system identification technique. Performance of the proposed MPC considering energy efficiency is compared with the two other control schemes. It si shown that the proposed scheme can consume less energy thant hte others in achieving similar control performance.

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A Study on the Optimum Design for Energy Saving of an Auto Transmission Part (자동변속기용 부품의 에너지 절감을 위한 최적 설계 연구)

  • Lee, H.S.;Kim, T.H.;Kim, S.H.;Hong, E.C.;Lee, J.H.
    • Transactions of Materials Processing
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    • v.24 no.3
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    • pp.181-186
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    • 2015
  • Many in the industrial world that consume high amounts of energy are trying to reduce energy when manufacturing their products. Energy saving during manufacturing is a cost reduction. Reduced cost is necessary for profit improvement. The Piston Under Drive Brake used in the current study is an automotive transmission part. The original machining after hot forging was changed to machining after cold forging of a plate in order to save energy and cost. Two extrusion shapes along the outer diameter caused decreased tool life because of the interrupted cut during turning. Therefore, a thickness reduction of two extrusion areas in the outer diameter was needed. The current study suggests an effective way to reduce the thickness of interrupted cut by using progressive blanking.

A study on economic analysis of new renewable energy power(photovoltaic, wind power, small hydro, biogas) (신재생에너지 발전(태양광, 풍력, 소수력, 바이오가스)의 경제성 분석 연구)

  • Kim, Chong-Min;Kim, Ki-Young
    • Journal of the Korean Solar Energy Society
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    • v.28 no.6
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    • pp.70-77
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    • 2008
  • The purpose of this study evaluates a feasibility and economical efficiency of new renewable energy. According as weather change is serious problem now days, every people make attention to the reduction of greenhouse gas. The revitalization of new renewable energy creates the variety of energy source, stability of energy supply and reduction of greenhouse gas. In this study evaluates a feasibility and economical efficiency from new renewable energy of various photo voltaics, wind power, small hydro and biogas. Feasibility does in standard of technical characteristic, politic support, marketability, establishment present condition and development aim. Economical efficiency does in standard of developmental unit cost, utilization factor, equipment life, politic support cost, interest ratio. The results of this study were as follows photo voltaics, wind, small hydropower, biogas in order feasibility is high. Developmental unit cost, utilization factor, equipment life, politic support cost and analyzed the relationship of interest ratio fluctuation and economical efficiency. From all new renewable energy the utilization factor most is important in economical efficiency but necessary utilization factor is difficult because environmental problem.