• Title/Summary/Keyword: Fuel Cost

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Trajectory Planning of Satellite Formation Flying using Nonlinear Programming and Collocation

  • Lim, Hyung-Chu;Bang, Hyo-Choong
    • Journal of Astronomy and Space Sciences
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    • v.25 no.4
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    • pp.361-374
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    • 2008
  • Recently, satellite formation flying has been a topic of significant research interest in aerospace society because it provides potential benefits compared to a large spacecraft. Some techniques have been proposed to design optimal formation trajectories minimizing fuel consumption in the process of formation configuration or reconfiguration. In this study, a method is introduced to build fuel-optimal trajectories minimizing a cost function that combines the total fuel consumption of all satellites and assignment of fuel consumption rate for each satellite. This approach is based on collocation and nonlinear programming to solve constraints for collision avoidance and the final configuration. New constraints of nonlinear equality or inequality are derived for final configuration, and nonlinear inequality constraints are established for collision avoidance. The final configuration constraints are that three or more satellites should form a projected circular orbit and make an equilateral polygon in the horizontal plane. Example scenarios, including these constraints and the cost function, are simulated by the method to generate optimal trajectories for the formation configuration and reconfiguration of multiple satellites.

Study on the Performance of Fuel Cell Driven Compound Source Heat Pump System to a Large Community Building (대형 Community 건물의 연료전지 구동 복합열원 하이브리드 히트펌프 시스템 성능에 관한 해석적 연구)

  • Jeong, Dong-Hwa;Byun, Jae-Ki;Choi, Young-Don;Cho, Sung-Hwan
    • New & Renewable Energy
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    • v.4 no.3
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    • pp.23-35
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    • 2008
  • In the present study, performances of fuel cell driven compound source hybrid heat pump system applied to a large community building are simulated. Among several renewable energy sources, ground, river, sea, and waste water sources are chosen as available alternative energies. The performance and energy cost are varied with the hybrid heat pump sources. The system design and operation process appropriate for the surrounding circumstance guarantee the high benefit of the heat pump system applied to a large community building. Th system is driven by fuel cell system instead of the late-night electricity due to the advantages of the low energy cost and waste heat with high temperature.

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A simulation study on operation strategy of residential fuel cell system for cost curtailment (운전비용 절감을 위한 가정용 연료전지 시스템의 운전전략 수립)

  • Hwang, Su-Young;Kim, Min-Jin;Lee, Jin-Ho;Lee, Won-Yong
    • 한국신재생에너지학회:학술대회논문집
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    • 2008.10a
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    • pp.55-58
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    • 2008
  • Residential fuel cell cogeneration systems have gained much interest due to its high efficiency. In this study, we have performed numerical simulation of residential fuel cell cogeneration system which includes a fuel cell/grid hybrid system. The cogeneration system consists of 1kW PEFC, cooling system, inverter/converter and reformer. Several empirical models have been employed for respective components to improve the accuracy of the simulations. The load varies seasonally. The present simulations can successfully predict the characteristics of the hybrid cogeneration system and thus it can be utilized for establishing an optimal operating strategy of the system.

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A simulation study on residential fuel cell system for cost curtailment (가정용 연료전지 시스템 대상 시뮬레이션 기반 비용절감 기법 연구)

  • Hwang, Su-Young;Kim, Min-Jin;Lee, Jin-Ho;Lee, Won-Yong
    • Proceedings of the KSME Conference
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    • 2008.11b
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    • pp.3148-3153
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    • 2008
  • Residential fuel cell cogeneration systems have gained much interest due to its high efficiency. In this study, we have performed numerical simulation of residential fuel cell cogeneration system which includes a fuel cell/grid hybrid system. The cogeneration system consists of 1kW PEFC, cooling system, inverter/converter and reformer. Several empirical models have been employed for respective components to improve the accuracy of the simulations. The load varies seasonally. The present simulations can successfully predict the characteristics of the hybrid cogeneration system and thus it can be utilized for establishing an optimal operating strategy of the system.

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Fuel Cycle Analysis of Heavy Water-Moderated Reactor System

  • Paik, In-Kul;Kim, Jin-Soo;Lee, Chang-Kun;Chung, Chang-Hyun;Kim, Chang-Hyo
    • Nuclear Engineering and Technology
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    • v.9 no.1
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    • pp.15-31
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    • 1977
  • New conception of batch and period is defined appropriate for the on-power refuelling scheme of a heavy water-moderated reactor, A computer code (“HWRCOST”) is developed using nuclear fuel cycle economic equations based on the continuous energy calculation method. The fuel cycle cost of the CANDU-PHW reactor is calculated and sensitivity analyses are performed with variation of uranium ore price, fabrication cost, spent fuel permanent disposal expenses, and capacity fctor.

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An Experimental Study of the Fuel Additive to Improve the Performance of a 2-Stroke Large Diesel Engine (2행정 대형 디젤엔진의 성능향상을 위한 연료첨가제의 실험적 연구)

  • Ryu, Younghyun;Lee, Youngseo;Nam, Jeonggil
    • Journal of Advanced Marine Engineering and Technology
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    • v.39 no.6
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    • pp.620-625
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    • 2015
  • In an effort to reduce the onset of global warming, the International Maritime Organization Marine Environment Protection Committee (IMO MEPC) proposed the reduction in ship speeds as a way of lowering the proportion of carbon dioxide ($CO_2$) in the Green House Gas emissions from ships. To minimize fuel costs, shipping companies have already been performing slow steaming for their own fleets. Specifically, the slow steaming approach has been adopted for most ocean-going container lines. In addition, because of the increased marine fuel cost that is required to enable increased capacity, there is an urgent need for more advanced fuel-saving technologies. Therefore, in this present study, we propose a fuel-cost reduction method that can improve the performance of diesel engines. We introduce a predetermined amount (0.025% of the amount of fuel used) of fuel additive (oil-soluble calcium-based organometallic compound). For improved experimental accuracy, as the test subjects, we utilize a large two-stroke diesel engine installed in land plants. The loads of the test engine were classified as low, medium, and high (50, 75, and 100%, respectively). We compare the engine performance parameters (power output, fuel consumption rate, p-max, and exhaust temperature) before and after the addition of fuel additives. Our experimental results, confirmed that we can realize fuel-cost savings of at least 2% by adding the fuel additive in low load conditions (50%). Likewise, the maximum combustion pressure was found to have increased. On the other hand, we observed that there was a reduction in the exhaust temperature.

Power Cost Analysis of Go-ri Nuclear Power Plant Units 1 and 2

  • Chung, Chang-Hyun;Kim, Chang-Hyo;Kim, Jin-Soo
    • Nuclear Engineering and Technology
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    • v.8 no.2
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    • pp.101-116
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    • 1976
  • An attempt is made to analyze the unit nuclear power cost of the Go-ri units 1 and 2 in terms of a set of model data. For the calculational purpose, the power cost is first decomposed into the cost components related to the plant capital, operation and maintenance, working capital requirements, and fuel cycle operation. Then, POWERCO-50 computer code is applied to enumerate the first three components and MITCOST-II is used to evaluate the fuel cycle cost component. The specific numerical results are the fuel cycle cost of Go-ri unit 2 for three alternative fuel cycles presumed, levelized unit power cost of units 1 and 2, and the sensitivity of the power cost to the fluctuation of the model data. Upon comparision of the results with the power cost of the fossil power plants in Korea, it is found that the nuclear power is economically preferred to the fossil power. Nevertheless, the turnkey contract value of Go-ri unit 2 appears to be rather expensive compared with the available data on the construction cost of the PWR plants. Therefore, it is suggested that, in order to make the nuclear power plants more attractive in Korea, the unfavorable contract of such kind must be avoided in the future introduction of the nuclear power plant. Capacity factor is of prime importance to achieving the economic generation of the nuclear electricity from the Go-ri plant. Therefore, it is concluded that more efforts should be directed to make the maximum use of the Go-ri plant.

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Can Non-Fuel Costs be Considered as Variable Costs in Generation Market? (연료비 이외의 항목도 발전시장의 변동비로 간주할 수 있는가?)

  • Cho, Sung Bong
    • Environmental and Resource Economics Review
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    • v.20 no.3
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    • pp.567-593
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    • 2011
  • In 2005, five Korean generation companies suggested to include non-fuel ancillary costs incurring in the process of managing fuels and ashes as variable costs in Korean Cost-Based Pool. OLS analysis seeking statistical relation with the amount of generation did not provide sufficient ground for such argument. However, some cost items in this category showed meaningful statistical relation for certain generation facilities hinting some possibilities for the candidate of variable costs in the future. Time lag related to cost evaluation, problems related to inventory control and accounting method related to this may block the statistical relationship with the amount of generation. Unified criteria and standardization of the data are necessary before we proceed further to consider them as variable costs.

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Economic analysis of development of low-carbon trawl gear (탄소저감형 트롤어구 개발의 경제성 분석)

  • Park, Seong-Wook;Lee, Kyoung-Hoon;Kang, Min-Ju;Park, Seong-Kwae
    • Journal of the Korean Society of Fisheries and Ocean Technology
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    • v.48 no.4
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    • pp.360-369
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    • 2012
  • The main purpose of this study is to analyse economic feasibility of low-carbon-oriented trawl gear. The results of benefit/cost analysis showed that use of the low-carbon fishing gear is economically feasible. Considering the fuel saving and relatively low $CO_2$ emission by reducing the resistance of gear, net present value by such gear improvement was estimated about 2,430~2,853 million won with the benefit-cost ratio 1.65~1.84 and the internal rate of return 29.18~30.48 percent. Development of low-carbon trawl gear would render significant contributions to reducing $CO_2$ emission in fishing operations and lead to reduce fishing costs due to fuel savings.