• Title/Summary/Keyword: Energy costs

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A Study on Recalculating Nuclear Energy Generation Cost Considering Several External Costs

  • Kim, Hyun-Jung;Yee, Eric
    • Journal of Power System Engineering
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    • v.22 no.6
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    • pp.5-10
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    • 2018
  • Nuclear energy issues such as safety and social acceptance can not only influence the production costs of generating nuclear power, but also the external costs that are not reflected in market prices. Consequently, the social issues affiliated with nuclear power, beyond a severe accident, require some form of financial expense. The external social issues considered here are accident risk and realization, regulatory costs, and nuclear energy policy costs. Through several calculations and analyses of these external costs for nuclear power generation, it is concluded that these costs range from 7 to 27 \/kWh. Considering external costs are required for making energy plans, it could have an influence on generation costs.

대체에너지기술의 환경비용 고찰

  • Kim, Bu-Ho
    • Solar Energy
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    • v.13 no.2_3
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    • pp.151-156
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    • 1993
  • The comparison of solar energy technologies with conventional technologies involves more than just comparing the costs of supplying energy and provding capacity. Solar technologies supply energy in a sustainable manner while having minimal effects on the environment. When choosing between solar energy technologies and conventional technologies, first cost is a important factor. The environmental and other social benifits of using solar energy technologies contrasts sharply with the environmental degradation and social costs resulting from the use of conventional technologies. These hidden costs, sometimes called "social cost", are not included in conventional economics. This paper is emphasized that the consideration of social costs effects comparisons between renewable and conventional energy technologies is of importance.

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Design method of heat storage type ground source heat pump system considering energy load pattern of greenhouse (원예시설의 에너지 부하패턴을 고려한 축열식 지열시스템 설계법에 관한 연구)

  • Yu, Min-Gyung;Nam, Yujin;Lee, Kwang Ho
    • KIEAE Journal
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    • v.15 no.3
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    • pp.57-63
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    • 2015
  • Purpose: Ground source heat pump system has been attracted in the horticulture industry for the reduction of energy costs and the increasing of farm income. Even though it has higher initial costs, if it uses in combination with heat storage, it is able to reduce the initial costs and operate efficiently. In order to have significant effect of heat storage type ground source heat pump system, it is required to design the capacity considering various conditions such as energy load pattern and operating schedule. Method: In this study, we have designed heat storage type ground source heat pump system in 5 cases by the operating schedule, and examined the system to find the most economic and having superb performance regarding the system COP(Coefficient of Performance) and energy consumption, using dynamic energy simulation, TRNSYS 17. Result: Conventional ground source heat pump system has lower energy consumption than heat storage type, but following the result of LCC(Life Cycle Cost) analysis, the heat storage type was more economic due to the initial costs. In addition, it has the most efficient performance and energy costs in the case of the smallest heat storage time.

A Study of renewable energy optimal design using the LCC analysis (LCC분석 기법을 활용한 신재생에너지 최적 설계 방안 연구)

  • Song, Ho-Yeol;Kim, Jeong-Uk
    • Journal of Energy Engineering
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    • v.24 no.2
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    • pp.45-50
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    • 2015
  • In Korea ranking sixth out of The world's greenhouse gas emissions, all Korean public buildings have to implement obligatorily renewable energy systems for energy production to reduce the greenhouse gas emissions from the energy consumed in operation, maintenance and management of buildings. The optimum combination and application rates for each energy source emerge from analyzing the trend of previous studies and the energy consumption is simulated by using a dynamic energy simulation program and the initial investment costs, the energy costs, the maintenance costs, the replacement costs emerge based on the calculated result. The result show that the total life cycle cost of 100% gerthermal is the lowest with \ 2,105,974,344 on the analysis results.

An Economic Evaluation Study of Office Remodeling and Green-remodeling Projects : A Simulation Approach to a Rental Office in GBD, Seoul (생애주기를 고려한 오피스 건물의 리모델링과 그린리모델링의 경제성 평가 연구 : 서울시 강남업무지구의 임대오피스 사례)

  • Lee, Seong-Ho;Lee, Jae-Su
    • Journal of the Architectural Institute of Korea Planning & Design
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    • v.34 no.3
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    • pp.23-34
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    • 2018
  • Due to a waste of energy in korea, about 525,000 which are 75 percent of total buildings are at least 15 years old buildings that need remodeling. There are two current remodeling systems. One is a remodeling system to reduce a waste of resources from the reconstruction. The other is a green-remodeling system aimed to energy savings and reducing environmental costs. This study is to analyze quantitatively these current systems with respect to the cost-benefit caused by the life cycle and suggests the political and institutional implications through the interpretation of the results. For a quantitative analysis, we analyzed reducing maintenance costs and rent benefits with simulation by using opportunity costs, construction costs, plan costs and supervision costs as expense variables and using the reduced floor area ratio, institutional incentives, energy, water resources and certified emission reduction(CER) as benefit variables. As a result of the empirical study, the green-modeling was more beneficial in the field of environment such as the energy savings, however, the final benefits of remodeling which has no green building certification costs but more floor area ratio incentives were more economical. The green-remodeling system focused on reducing environmental costs and energy savings needs a equatable institutional incentive system.

Optimal Energy Costs based on Improving Retort Process In Food Canning Manufacturing

  • Saredchapan, Supawut;Chaikla, Amphawan;Masuchun, Ruedee;Trisuwannawat, Thanit;Julsereewong, Prasit
    • 제어로봇시스템학회:학술대회논문집
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    • 2003.10a
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    • pp.2309-2312
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    • 2003
  • This paper presents the minimization of the energy costs based on energy saving for industrial retort process of canned food. The approved proposed method is related the optimal steam or hot water flow control to achieve desired temperature of retort process. The smooth response and zero steady state error can be also achieved. The performances of the proposed control technique were observed using a small tuna canned food plant in Thailand as an illustrative example. The experimental results are given to support the saving in energy costs and some benefits of the proposed technique.

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A Study on the Determination and the Allocation of the Costs of Arbitration in ICC Rules of Arbitration(1998) (ICC중재규칙(1998)에서 중재비용의 결정 및 할당에 관한 연구)

  • Oh, Won-Suk;Kim, Young-Hak
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.32
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    • pp.93-111
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    • 2006
  • The purpose of this paper is to analyze the composition of the arbitration costs in ICC Rule of Arbitration and to examine how each item of the costs is determined. Furthermore this author tired to find the principles or criteria deciding which of the party should bear them or in what proportion they shall be home by the parties in Article 31. Thus this author could find three common approaches. First, all of the costs are home by the losing party, or Second, all of the costs are allocated in proportion to the result of award in each case. Third, all of the costs determined by the Court as shared equally by the parties and both parties bear their own costs. But, both parties may include their intention in accordance with the principle of party autonomy. For example if the parties with to ensure that the arbitration costs be shared equally and that the arbitrator make no allocation of costs and fees, the following sentence could be added to the arbitration clause. "All costs and expenses of the arbitrators (and the arbitral institution) shall be home by the parties equally; each party shall bear the costs and expenses, including attorneys' fees, of its own counsel, experts, witnesses and preparation and presentation of its case."

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A Survey Study on the Assessment of Customer Interruption Costs Using Macro Economic Methodology in Korea

  • Park, Sang-Bong
    • KIEE International Transactions on Power Engineering
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    • v.4A no.1
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    • pp.6-10
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    • 2004
  • This paper presents an assessment of the customer interruption costs using a macro economic methodology of Korean customers by cities and provinces. The customer interruption cost is considered a very useful index in quantifying reliability worth from a customer point of view. This paper reviews the methodology to evaluate the customer interruption costs and ratio to the average revenues per electric energy sold for public, service agriculture, fishery, mining, manufacturing and residential sectors by cities and provinces in Korea.

Comparison on Social Cost by Unit Calorific Value between Wood Pellets and Coals (목재펠릿과 석탄의 단위 발열량에 따른 사회적 비용 비교 분석)

  • Li, Lingying;Kim, Joon Soon
    • Journal of Korean Society for Atmospheric Environment
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    • v.33 no.4
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    • pp.403-410
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    • 2017
  • With the growing importance of GHG reduction, wood pellets are considered as a cheaper renewable energy and carbon neutral. On the other hand, there is a concern that the burning wood pellets may release even more air pollutants such as CO and VOCs. In this study, we analyzed the social costs of burning fuels including wood pellets and coals based on the unit calorific value. The social costs were calculated by sum of the import costs of the fuels and the emission costs of the air pollutants. The results showed that wood pellets are inferior to coals in the aspect of the social costs. It is necessary to improve the quality of the wood pellets and pellet boiler facilities for being used eco-friendly energy sources in the future. We suggest that the control facilities of CO and VOCs should be installed, if the control costs are lower than the pollution costs.

ASSESSMENT OF THE COST OF UNDERGROUND FACILITIES OF A HIGH-LEVEL WASTE REPOSITORY IN KOREA

  • Kim, Sung-Ki;Choi, Jong-Won
    • Nuclear Engineering and Technology
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    • v.38 no.6
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    • pp.561-574
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    • 2006
  • This study presents the results of an economic analysis for a comparison of the single layer and double layer alternatives with respect to a HLW-repository. According to a cost analysis undertaken in the Korean case, the single layer option was the most economical alternative. The disposal unit cost was estimated to be 222 EUR/kgU. In order to estimate such a disposal cost, an estimation process was sought after the cost objects, cost drivers and economic indicators were taken into consideration. The disposal cost of spent fuel differs greatly from general product costs in the cost structure. Product costs consist of direct material costs and direct labor and manufacturing overhead costs, whereas the disposal cost is comprised of construction costs, operating costs and closure costs. In addition, the closure cost is required after a certain period of time elapses following the building of a repository.