• Title/Summary/Keyword: Fuel Cost

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Effect of Re-liquefaction System on Operating Expenditure of LNGC in Terms of Fuel Oil Consumption Cost and BOG Combustion Cost (천연가스 운반선의 재액화 장치가 운항비용에 미치는 영향에 관한 연구: 연료비용 및 증발 가스 연소비용 관점에서)

  • You, Youngjun;Lee, Joon Chae
    • Journal of the Society of Naval Architects of Korea
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    • v.57 no.3
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    • pp.152-159
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    • 2020
  • Ship owners had pursued higher benefits by demanding the new design and construction of ships with higher operational efficiency. There was a necessity for shipyards to suggest a more economical design and advanced operation concept in order to meet the demands. Especially, since BOG combustion and activation of the re-liquefaction unit had to be taken into account in ship design in addition to fuel oil and gas consumption, the evaluation of the operating efficiency considering the technological trends was necessary. In this paper, it was aimed to study the design philosophy and operation strategy by considering the effect of fuel oil and gas consumption, BOG combustion, and activation of the re-liquefaction unit on the operating cost for laden voyage according to ship speed, BOR, and activation of the re-liquefaction unit. For this purpose, the costs were acquired by conducting the sailing simulation of an LNGC based on a mathematical model including the maneuvering equations of motion. The design philosophy and operation strategy was reviewed in terms of the operating cost.

Fungal Production of Single Cell Oil Using Untreated Copra Cake and Evaluation of Its Fuel Properties for Biodiesel

  • Khot, Mahesh;Gupta, Rohini;Barve, Kadambari;Zinjarde, Smita;Govindwar, Sanjay;RaviKumar, Ameeta
    • Journal of Microbiology and Biotechnology
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    • v.25 no.4
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    • pp.459-463
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    • 2015
  • This study evaluated the microbial conversion of coconut oil waste, a major agro-residue in tropical countries, into single cell oil (SCO) feedstock for biodiesel production. Copra cake was used as a low-cost renewable substrate without any prior chemical or enzymatic pretreatment for submerged growth of an oleaginous tropical mangrove fungus, Aspergillus terreus IBB M1. The SCO extracted from fermented biomass was converted into fatty acid methyl esters (FAMEs) by transesterification and evaluated on the basis of fatty acid profiles and key fuel properties for biodiesel. The fungus produced a biomass (8.2 g/l) yielding 257 mg/g copra cake SCO with ~98% FAMEs. The FAMEs were mainly composed of saturated methyl esters (61.2%) of medium-chain fatty acids (C12-C18) with methyl oleate (C18:1; 16.57%) and methyl linoleate (C18:2; 19.97%) making up the unsaturated content. A higher content of both saturated FAMEs and methyl oleate along with the absence of polyunsaturated FAMEs with ≥4 double bonds is expected to impart good fuel quality. This was evident from the predicted and experimentally determined key fuel properties of FAMEs (density, kinematic viscosity, iodine value, acid number, cetane number), which were in accordance with the international (ASTM D6751, EN 14214) and national (IS 15607) biodiesel standards, suggesting their suitability as a biodiesel fuel. The low cost, renewable nature, and easy availability of copra cake, its conversion into SCO without any thermochemical pretreatment, and pelleted fungal growth facilitating easier downstream processing by simple filtration make this process cost effective and environmentally favorable.

Preliminary Conceptual Design and Cost Analysis of the DUPIC Fuel Fabrication Plant

  • Park, Jongwon;Wonil Ko;Lee, Jaesol;Inha Jung;Park, Hyunsoo
    • Proceedings of the Korean Nuclear Society Conference
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    • 1996.05c
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    • pp.441-446
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    • 1996
  • A preliminary conceptual design of the DUPIC fuel fabrication plant with production capacity of 400 MTHE/yr is presented. Capital and operating costs are also included. The levelized unit fabrication cost (LUC) for a reference mode was estimated at $509/kgHE, and sensitivity of some variable parameters to this reference was analysed.

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The Option Study of Oversea Shipment of DUPIC Fuel Elements to Canada (고방사성 산화물핵연료의 해외수송방안 분석)

  • 이호희;박장진;양명승;서기석
    • Proceedings of the Korean Radioactive Waste Society Conference
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    • 2003.11a
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    • pp.614-620
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    • 2003
  • KAERI has developed DUPIC nuclear fuel with the refabrication of spent PWR fuel discharged from domestic nuclear power plant by a dry process at M6 hot-cell in IMEF To verify the performance of DUPIC nuclear fuel, irradiation test at the operating conditions of commercial power plant is essential. Since the HANARO research reactor of KAERI does not have fuel test loop(FTL) for irradiating nuclear fuel under high temperature and high pressure conditions, DUPIC fuel cannot be irradiated in the FTL of HANARO. In the 13-th PRM among Korea, Canada, USA and IAEA, AECL proposed that KAERI fabricated DUPIC fuel can be irradiated in the FTL of the NRU research reactor without charge of neutrons. The transportation quantity of DUPIC fuel to Canada is 10 elements(about 6kg). This transportation package is classified as the 7-th class according to "recommendation on the transport of dangerous goods" made by the United Nations. In case of air shipment, until now, there is no proper air transportation cask for DUPIC fuel. In case of sea transportation is possible but requires very high cost.high cost.

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The relationship between public acceptance of nuclear power generation and spent nuclear fuel reuse: Implications for promotion of spent nuclear fuel reuse and public engagement

  • Roh, Seungkook;Kim, Dongwook
    • Nuclear Engineering and Technology
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    • v.54 no.6
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    • pp.2062-2066
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    • 2022
  • Nuclear energy sources are indispensable in cost effectively achieving carbon neutral economy, where public opinion is critical to adoption as the consequences of nuclear accident can be catastrophic. In this context, discussion on spent nuclear fuel is a prerequisite to expanding nuclear energy, as it leads to the issue of radioactive waste disposal. Given the dearth of study on spent nuclear fuel public acceptance, we use text mining and big data analysis on the news article and public comments data on Naver news portal to identify the Korean public opinion on spent nuclear fuel. We identify that the Korean public is more interested in the nuclear energy policy than spent nuclear fuel itself and that the alternative energy sources affect the position towards spent nuclear fuel. We recommend relating spent nuclear fuel issue with nuclear energy policy and environmental issues of alternative energy sources to further promote spent nuclear fuel.

Analysis of Economical efficiency for renewable energy in Steam Power Plant (신재생에너지 적용에 따른 화력발전 경제성분석)

  • Choi, Kyoung-Sik
    • Journal of Environmental Impact Assessment
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    • v.23 no.1
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    • pp.11-17
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    • 2014
  • Since the Renewable Portfolio Standard (RPS) would be started in 2012, the use of renewable energy should be 11% of total energy use including bio-fuel in 2030. The economic efficiency for renewable energy in B power plant was considered with the bio-diesel, wind power and solar power. The Net Present Value (NPV) and Benefit/Cost Ratio(BC) were used for the economic efficiency with the cost and benefit analysis. In case of bio-diesel, the cost resulted from the fuel conversion and the benefit would be created with trade and environmental improvement. With regard to wind power and solar power, the construction cost would be required and benefit factors would be same as the bio-diesel. The wind power was the best of economic efficiency of renewable energy as the results of NPV and BC ratio. Whereas, the market of wind power was very popular and the techniques of wind power has been developing rapidly.

The Sensitivity Comparison of Each Risk Factors Analysis on Renewable Energy and Other Generating Technologies (신재생 에너지와 기존 발전기술과의 투자리스크 요인별 민감도 비교)

  • Koh, Kyung-Ho;Park, Se-Ik
    • New & Renewable Energy
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    • v.7 no.4
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    • pp.10-17
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    • 2011
  • Recently, electricity industry is facing high market uncertainty which has ever had and which increase risks in power market. In this study, we analyze risk factors such as discount rates, initial investment (overnight cost), plant factor, fuel cost, carbon price, etc, for the perspective of investor. For the analysis of risk factors, we used LCOE method. The results of this study show that renewable energy is more affected by plant factor and overnight cost than other risk factors. First, Renewable energy has higher proportion of overnight cost in the total investment than that of other technologies. Second, renewable energy is free of fuel cost and carbon price so plant factor is the most important factor, in other words, competitiveness of renewable energy depends on plant factor. Furthermore, we conducted economic feasibility of wind power and PV in domestic case study. The minimum requirement condition to get profitability is that plant factor 15% and overnight cost \6,000,000/kW and 26%, \2,200,000/kW for PV and Wind Power, respectively.

Technology Trends of Fuel Cell Power Plant Based on Biogas Fuel (바이오가스 연료기반 연료전지발전 기술동향)

  • Lee, Jong-Gyu;Jeon, Jae-Ho;Lee, Jong-Yeon
    • New & Renewable Energy
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    • v.4 no.3
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    • pp.5-14
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    • 2008
  • The target for the reduction of $CO_2$ emissions, as specified in the Kyoto Protocol, can only be achieved by an extended use of renewable fuels and the increasing of the energy efficiency. The energy generation from waste gases with a reasonable content of methane like biogas can significantly contribute to reach this target. A further reduction of greenhouse gas emissions is possible by increasing the electrical efficiency using progressive technologies. Fuel cells can be highly energy conversion devices. Utilizing biogas as the fuel for fuel cell systems offers an option that is technically feasible, potentially economically attractive and greenhouse gas neutral. High temperature fuel cells that are able to operate with carbon monoxide in the feed are well suited to these applications. Furthermore, because they do not require noble metal catalysts, the cost of high-temperature fuel cells has the greatest potential to become competitive in the near future compared to other types of fuel cells.

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LPG/CNG Interface Box Hardware Design (LPG/CNG Interface Box 제품 Hardware 설계)

  • An, Jeong-Hoon;Jung, Jae-Min
    • Transactions of the Korean Society of Automotive Engineers
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    • v.15 no.6
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    • pp.23-29
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    • 2007
  • In Korea, the number of LPG vehicles is increasing continuously because LPG is cheaper than Gasoline. Also in Europe, the CNG fuel is a good solution to meet $CO_2$ regulation. In order to use LPG/CNG fuel, new EMS ECU must be developed for every type of vehicles and it requires huge development cost. In order to reduce development cost and time, SIEMENS VDO has developed an Interface Box. It supports EMS ECU in the car and manages LPG/CNG fuel injection system. Basically the Interface box can be used with any kind of EMS ECU. The Interface Box controls LPG/CNG injector through the injection command of gasoline EMS ECU. It calculates required amount of based on the fuel temperature and pressure and sends feedback signal to ECU for fuel correction. Also, it controls LPG/CNG specific actuator such a Shut off valves and LPG switch inputs.

A Study on the Optimal Planning for Dispersed Fuel Cell Generation Systems in Power Systems (전력계통에 있어서 분산형 연료전지 발전시스템의 최적 도입계획에 관한 연구)

  • Rho, Dae-Seok;Shim, Hun;Oh, Yong-Taek;Choi, Jae-Seok;Cha, Jun-Min
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.50 no.6
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    • pp.265-274
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    • 2001
  • Recently, the operation of power systems has become more difficult because the peak demand load is increasing continuously and the daily load factor is getting worse and worse. Also, the consideration of deregulation and global environment in electric power industry is required. In order to overcome those problems, a study on the planning and operation in power systems of dispersed generating sources such as fuel cell systems, photovoltaic systems and wind power systems, has been performed energetically. This paper presents a method for determining an optimal operation strategy of dispersed co-generating sources, especially fuel cell generation systems, considering thermal supply as well as electric power supply. In other words, the optimal operation of those sources can be determined easily by the principle of equal incremental fuel cost and the thermal merit of those sources can be also evaluated quantitatively through Kuhn-Tucker's optimal conditions. In additions, an priority method using the comparison of total cost at the peak load time interval is presented in order ot select the optimal locations of those sources. The validity of the proposed algorithms is demonstrated using a model system.

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