• Applied Chemistry for Engineering
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• v.20 no.1
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• pp.62-66
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• 2009

Utilization and interest of unconventional fuel and process residue such as oil sand and its residue, oil sand coke, have been increased because of the continuous rise of fuel price and conventional fuel availability. In this study, the gasification of oil sand coke produced from coking process of oil sand was performed to utilize as an energy resource using lab-scale fixed bed gasification system. The combustion characteristics of oil sand bitumen and oil sand coke were investigated by using TGA and lab-scale gasification system was applied to reveal the characteristics of produced syngas composition with oxygen/fuel ratio, temperature and steam injection rate. Oil sand coke shows a high carbon content, heating value and sulfur content and low ash content and reactivity. In case of oil sand coke gasification, generally with increasing temperature, the amount of steam introduced and decreasing oxygen injection rate, $H_2$ content in product gas increased while the $CO_2$ content decreased. The calorific value of syngas shows about $2100kcal/Nm^3$ and this result indicates that the oil sand coke can be used as a resource of hydrogen and fuel.

• 한국연소학회:학술대회논문집
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• 2014.11a
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• pp.297-299
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• 2014

Petroleum coke has high heating value and low price. Due to the steadily increasing demand for heavy oil processing, the production volume of petroleum coke tends to be expanded. The high availability and low price of petroleum coke have been strongly considered as candidate fuel for power generation facilities. However the high carbon content, high sulfur content and nitrogen content of petroleum fuel are known to produce relatively large quantity of CO2, high NOx and SO2 emission. In this work, a series of numerical simulations have been carried out in order to investigate the effects of swirl flow intensity on combustion furnace, which is most important operating condition. Results show that the temperature distribution was spatially uniform at about 1600K but high temperature region are located quite differently depending on swirl number. In addition, numerical temperature data was compared with experimental temperature data and its temperature difference shows less than 10%. On the other hand, discrepancy between numerical and experimental emission data were slightly large with necessities of improved emission model.

• Korean Chemical Engineering Research
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• v.47 no.2
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• pp.237-242
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• 2009

Various type of alternative fuel have been developed due to exhaustion of fossil fuel reserves and high oil price. Biodiesel is produced from the reaction of triglyceride, which is main component of animal fat and vegetable oil, and methanol by methanolysis as it is known for eco- friendly fuel for alternative petrodiesel. In this work, it was analyzed for the characteristics of the blended biodiesel with domestic petrodiesel according to blending ratio. Density, kinematic viscosity and flash point were increased with increasing the content of biodiesel. But the characteristic of blended biodiesel fuel were changed to aggravate in low temperature. Also, the derived cetane number(DCN) from IQT was increased by added biodiesel. Especially, the DCN of biodiesel from palm oil showed 71.26.

• The Journal of Fisheries Business Administration
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• v.43 no.1
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• pp.49-61
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• 2012

The tax exemption oil for fishery is expecting that the use of oil is gradually decreasing according to the environmental change such as reductions of vessel force caused by an upswing of oil prices and reduction of fishing vessels in the recent. Such reductions in the tax exemption oil amount have a negative effect on the tax exemption oil business and the fishery infrastructure. This paper studied to provide the basic data for a stable supply thorough the facts affected in the use of the tax exemption oil and the prediction for the use of the tax exemption oil in future. This analysis drew a estimation method by Cochrane-Orcutt repeated proceeding model with an object main factors such as a price of tax exemption oil and vessel force and international oil prices and exchange rates. And this analysis also drew the use of a tax exemption oil by 2000 after set up the scenario using an estimation method drawn. For the use of the estimated tax exemption oil analyzed to decrease within about 81 percent of the present(2020), It should be considering a stability plan for tax exemption oil for fishery in future.

• New & Renewable Energy
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• v.8 no.4
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• pp.21-29
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• 2012

The extensible supply of New & Renewable energy resources desperately needs to counter the high dependence on imported energy, recent high oil prices and the Climate Change Conference, and the government has operated the 'Renewable Portfolio Standard' (RPS) as one of the renewable energy policy from 2012. By analyzing the operation case of combined heat and power plant using the woodchip biomass, we drew the price of wood chip fuel, plant capacity factor, electricity selling price, heat selling price and LCOE value. After analyzing the economic feasibility of 3MWe combined heat and power plant based on the operating performance, the minimum of economic feasibility has appeared to be secured according to the internal rate of return (IRR) is 6.34% and the net present value (NPV) is 3.6 billion won as of 20 years life time after installation, and after analyzing the cases of the economic feasibility of the price of wood chip, plant capacity factor, electricity and heat selling price are changed, the economic feasibility is valuable when the price of wood chip is over 64,000 won/ton, NPV is minus, and the capacity factor is above 46.9%, the electricity selling price is 116 won/kWh and the heat selling price is above 75,600 won/Gcal. When going over the new installation hereafter, we need the detailed review of the woodchip storage and woodchip feeding system rather than the steam-turbine and boiler which have been inspected many times, the reason why is it's hard to secure the suitable quality (constant size) of woodchip by the lack of understanding about it as a fuel because of the domestic poor condition and the calorific value of woodchip is seriously volatile compared with other fuels.

• Journal of Advanced Marine Engineering and Technology
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• v.39 no.1
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• pp.1-7
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• 2015

The environmental regulations for CO2 emissions from the ship have been established recently, and fuel oil price has been increased continuously. In order to overcome these circumstances, Energy Saving Devices (ESDs) have been developed continuously to reduce the fuel oil consumption and improve the propulsive efficiency. This paper describes the trial performance of PBCF (Propeller Boss Cap Fins), SCHNEEKLUTH duct, Asymmetric rudder bulb and Mewis duct applied to handy-size bulk carriers. As a result, SCHNEEKLUTH duct is more effective than other energy saving devices at the reducing the fuel oil consumption and the improvement of the propulsive efficiency. In addition, it is confirmed that SCHNEEKLUTH duct is really effective in the vibration of the deck house. And the fuel oil consumption can also be reduced through main engine de-rating.

• Environmental and Resource Economics Review
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• v.28 no.1
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• pp.121-145
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• 2019

This paper investigates the relationship between the oil price and the major petroleum products prices at the trading hubs such as Singapore, North West Europe and the US New York Harbor. We focus on the lead-lag relationship between the weekly petroleum prices from 2009 to 2016 based on the vector error correction model. We find that the oil price leads the prices of petroleum products in the long term, while there is bidirectional causality in the short term. On the other hand, prices of petroleum products in regions with high import dependency, such as Europe gas oil and jet fuel price, are exogenous in the long term. We also present evidence that prices of petroleum products in region with a large global-market share lead prices in other regions. However, if the region is in an over-production situation and low industry concentration, it may lose its price leadership due to intense competition. The result in this study can provide a useful information to petroleum refining companies in forecasting fluctuations of product price, and hence in planning their regional arbitrage trading activities.

• Proceedings of the Korean Society of Propulsion Engineers Conference
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• 2011.11a
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• pp.717-720
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• 2011

Due to the depletion of fossil fuel, high oil price and global warming issue by green house gas such as CO2, clean synthetic fuel technologies using biomass, especially GTL(Gas To Liquid) technology, have been greatly attracted. This paper has examined and compared the worldwide technologies trend of natural gas reforming reaction, F-T(Fisher-Tropsch) synthesis and upgrading process which are three backbones of GTL technology.

• 한국신재생에너지학회:학술대회논문집
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• 2011.05a
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• pp.222-222
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• 2011

Plastic product is increasing by the growth of its demand and most of refused plastics are incinerated or reclaimed. However, the refused plastic is not easily decomposed and has the environmental problem with its various toxic gas in case of incineration. Therefore, many countries such as USA, Japan, Germany and other developed industrial countries as well as Korea are interested in studying the recyclable resource of refused plastic. The macromolecular waste pyrolysis has the advantage of collecting of raw materials in high price and can at least get fuel gas or oil with high heat capacity. It also discharges low waste gas and low toxic gas including SOx, NOx and HCl heavy metals. However, pyrolyzed oil includes enough excess unsaturated hydrocarbons to form tar, which can cause the nozzle of engines to plug when pyrolyzed oil is used as fuel. Activated carbon was proven to have prominent adsorption capability among the other adsorbents that were mainly composed of carbon. This study examined the possibility of application in activated charcoal of its solid formation by analysing the feature of pyrolysis which is one of the chemical recycling methods and getting chemical analysis of the product and activated energy. Analyze the element of the oil produced by pyrolysis using GC-MS. The experiment of tar adsorption using fly-ash showed that fly-ash improved the optical intensity of pyrolyzed oil and decreased oxygen compounds in the pyrolyzed oil.

• Journal of Korean Institute of Industrial Engineers
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• v.39 no.1
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• pp.30-45
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• 2013

Predicting monthly electricity price has been a significant factor of decision-making for plant resource management, fuel purchase plan, plans to plant, operating plan budget, and so on. In this paper, we propose a sophisticated prediction model in terms of the technique of modeling and the variety of the collected variables. The proposed model hybridizes the semi-supervised learning and the artificial neural network algorithms. The former is the most recent and a spotlighted algorithm in data mining and machine learning fields, and the latter is known as one of the well-established algorithms in the fields. Diverse economic/financial indexes such as the crude oil prices, LNG prices, exchange rates, composite indexes of representative global stock markets, etc. are collected and used for the semi-supervised learning which predicts the up-down movement of the price. Whereas various climatic indexes such as temperature, rainfall, sunlight, air pressure, etc, are used for the artificial neural network which predicts the real-values of the price. The resulting values are hybridized in the proposed model. The excellency of the model was empirically verified with the monthly data of electricity price provided by the Korea Energy Economics Institute.