• Journal of Nuclear Fuel Cycle and Waste Technology(JNFCWT)
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• v.6 no.2
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• pp.141-145
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• 2008

Due to the uncertainties resulting from cost projection, evaluation over long term period, and adequacy of applied discount rate, the economic assessment for back-end fuel cycle is different from each organizations or individuals. In this paper, the features and limitations of some noticeable economic evaluations were investigated and analysed to contribute for the public participation and back-end fuel cycle policy related researches. As a result of analysis, we found that the reprocess and recycling is more economical than direct disposal option, but the result includes high uncertainty that depends on the input parameters.

• Journal of Biosystems Engineering
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• v.10 no.1
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• pp.69-75
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• 1985

For the purpose of estimating the operating cost for feed production, energy consumption, labor requirement, maintenance cost, and supplies and miscellaneous costs are analyzed and developed as mathematical models. Mathematical model for energy usage Consists of electrical energy, boiler fuel energy and vehicle fuel energy. The mathematil model for electrical energy usage for the swine and poultry feed mill and the complete pelleted feed mill are developed, based on the general model mill and the computer program for its design developed in Kansas State University (Park, 1982). Also, the boiler fuel energy consumption model and the vehicle fuel energy consumption model are developed by analyzing the boiler system and the vehicle operation in the warehouse. In order to develop a mathematical model for labor requirement, the data that Vosloh (1968, 1976) constructed for labor requirement in his model mill are used by assuming that his model mill is similar to this model, in terms of labor assignment standards. Maintenance and repair costs are obtained by assuming to be 5.5% of the total capital investment cost. Also, supplies and miscellaneous costs are estimated by using Vosloh's report and it is approximately 0.87 dollars per ton based on daily production.

• Nuclear Engineering and Technology
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• v.48 no.1
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• pp.169-174
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• 2016

This article describes a comprehensive methodology for the evaluation of the middle part of nuclear fuel cycles. Evaluation of fuel cycles is basically divided into two parts. The first comprises nuclear calculation, i.e., creation of the strategy for nuclear fuel reloading and core design calculations. The second part is the business-economic evaluation of the selected reloading strategy, which can be done either by financial analysis or economic analysis. The financial analysis incorporates the perspectives of a company while the economic analysis can be used primarily by national economists or politicians. This methodology was applied to a case study that is focused on impacts of switching from a 12-month to an 18-month fuel cycle strategy for Water-Water Energetic Reactor (VVER)-1000 reactors.

• International Journal of Naval Architecture and Ocean Engineering
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• v.5 no.1
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• pp.21-32
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• 2013

Marine transportation industry is undergoing a number of problems. Some of these problems are associated with conventional marine fuel-oils. Many researchers have showed that fuel-oil is considered as the main component that causes both environmental and economic problems, especially with the continuous rising of fuel cost. This paper investigates the capability of using natural gas and hydrogen as alternative fuel instead of diesel oil for marine gas turbine, the effect of the alternative fuel on gas turbine thermodynamic performance and the employed mathematical model. The results showed that since the natural gas is categorized as hydrocarbon fuel, the thermodynamic performance of the gas turbine cycle using the natural gas was found to be close to the diesel case performance. The gas turbine thermal efficiency was found to be 1% less in the case of hydrogen compared to the original case of diesel.

• Proceedings of the KIEE Conference
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• 2009.04b
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• pp.212-214
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• 2009

The polymer electrolyte membrane fuel cell(PEMFC) with the advantages of low-operating temperature, high current density, low cost and volume, fast start-up ability, and suitability for discontinuous operation becomes the most reasonable and attractive power system for transportation vehicle and micro-grid power plant in a household. 200W PEMFC(Polymer electrolyte membrane fuel cell) system applied to middle and small-scaled micro-grid power system was constructed by this study, then the electrical characteristics and diagnosis of the fuel cell were analyzed with thermal variation.

• The Journal of Fisheries Business Administration
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• v.8 no.2
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• pp.1-19
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• 1977

The results analyzed of the actual state of medium size two-boat trawler fishery based on the cost expended in 1975 are as follows: According to the calculation of interest, the total cost of this fishery comes to ￦ 55,353,807, and in this account, the production cost comes to ￦ 49,747,383 (89.9%) and the material cost comes to ￦ 27,027,662(48.8%), the labour cost comes to ￦ 10,381,013 (18.8%) the expenses, ￦12,338,708(22.3%) and commision and interest comes to ￦ 5,606,424 (10.1%). As above the fishery comes is 90% of production cost for the expense of production. The ratio of cost element to the total cost 100 is as follow: Fuel: 23.6%, allocation: 14.3%, fishing gear: 14.1%, boat repair: 13.0%, fish box: 8.5%, ice: 14.1%, commission: 6.9%, food cost: 4.5%, interest: 3.2%, transportation fee: 2.8%, consumption: 2.6%, tax: 2.5%, depreciation: 2.4%, administrative expense: 1.6%. The unit cost of catches to each box, including the interest, cames to ￦ 2,167 and not calculating the interest it comes to ￦ 2,098. The cost production to each kg comes to ￦ 114 including interest, without interest, it comes ￦110. When the production cost comes to 90.6%, it comes to 9.4% of total revenue. The reason which this fishery brings low income is that the boats are almost old and semi-diesel engine is used. So, fuel expense and repaire expenses needs too much. Acconding to above this fishery needs to replace new boat and new engine. And new are for this fishery needs to bring under cultivation in order to bring good income with the new method for this fishery. Specially, this fishery brings low income from July to September because of its rest from labour. And so, the expenses, item, and account of money, and the trust money the cost element are not showed in August.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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• v.23 no.2
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• pp.125-130
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• 2009

With respect to the goal of achieving at least 50[%] reduction of global emissions by 2050, the G8 leaders agreed to seek to share and adopt it with all Parties to the UNFCCC in the 34th Group of Eight Summit held in Toyako, Japan in July 2008. Korea is also expected to obey the Kyoto Protocol starting in 2013, which will result in a serious shock especially to the electric power industry. The power plants burning the fossil fuel produce more than 20 percent of national $CO_2$ emission. This paper presents an economic feasibility study on fuel transfer for a thermal power plant considering $CO_2$ emission cost. Calculation of the breakeven point for the fuel transfer from LNG to heavy oil of D power plant is demonstrated using the input-output coefficients obtained by the performance test.

• The Transactions of the Korean Institute of Power Electronics
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• v.17 no.6
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• pp.553-561
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• 2012

Existing energy sources convert chemical energy into mechanical energy, while fuel cell directly generates electricity through an electrochemical reaction between hydrogen and oxygen. Therefore, it has a lot of strong points such as high efficiency, zero emission, and etc. In addition, with the development of hydrogen preservation technique, some companies have been researching and releasing portable fuel cell power packs for specific applications like military equipment, automobile, and so on. However, there are some drawbacks to the fuel cell, high cost and slow dynamic response. In order to compensate these weak points, auxiliary energy storages could be applied to the fuel cell system. In this paper, the optimum structure for a 150W portable fuel cell power pack with a battery pack is selected considering the specification of the system, and the design process of main parts is described in detail. Here, main objectives are compact size, simple control, high efficiency, and low cost. Then, an automatic mode change algorithm, which converts the operating mode depending on the states of fuel cell stack, battery pack, and load, is introduced. Finally, performance of the designed prototype using the automatic mode change control is verified through experiments.

• The Transactions of the Korean Institute of Electrical Engineers P
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• v.61 no.2
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• pp.74-81
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• 2012

The purpose of this study provides the theoretical model for protecting the economic and social loss from the current alternative fuel vehicle which is developed without compatibility and senseless one's own through verifying the statistical significant by method of measuring analysis. The market scale of alternative fuel vehicle depends on customer's and station's expectation about the number of potential vehicle users. It is very difficult for vehicle manufacturer to make a decision on the standard alternative fuel vehicle as it might reduce profit and market share. Accordingly, the development of alternative fuel vehicle should have manufacturer confident on the potential profit in the future. Moreover, if we decide to use the non-standard fuel after we started to use the standard fuel, it would take a huge cost comparing with starting to use the standard fuel only. As a result, once one of companies starts to provide the non-standard fuel service, it is getting more difficult to use the standard fuel going forward. Consequently, we may review the possibility of choice on the standard fuel before the vehicle manufacturer starts service with non-standard fuel.

• Journal of Nuclear Fuel Cycle and Waste Technology(JNFCWT)
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• v.16 no.3
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• pp.369-376
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• 2018

The ability to recover the nearly limitless supply of uranium contained within the world's oceans would provide supply security to uranium based fuel cycles. Therefore, in addition to U.S. national laboratories conducting R&D on a system capable of harvesting seawater uranium, a number of collaborative university partners have developed alternative technologies to complement the national laboratory scheme. This works summarizes the systems analysis of such novel uranium recovery technologies along with their potential impacts on seawater uranium recovery. While implementation of some recent developments can reduce the cost of seawater uranium by up to 30%, other researchers have sought to address a weakness while maintaining cost competitiveness.