• IE interfaces
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• v.10 no.1
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• pp.237-248
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• 1997

The purpose of this study is to make an economic analysis of power plant utilities by examining electricity generating costs with environmental consideration. Economic growth has caused pollutant emission, and subsequent environmental pollution has been identified as a very real limit to sustainable development. Considering the enormous role of electricity in the national economy, it is thus very important to study the effect of environmental regulations on the electricity sector. Because power utilities need large investments during construction, operation and maintenance, and also require much construction lead time. Economic analysis is the very important process in the electric system expansion planning. In this study, the levelized generation cost method is used in comparing economic analysis of power plant utilities. Among the pollutants discharged of the electricity sector, this study principally deals with the control activities related only to $CO_2$, and $NO_2$, since the control cost of $SO_2$, and TSP (Total Suspended Particulates) is already included in the construction cost of utilities. The cost of electricity generation in a coal-fired power plant is compared with one in an LNG combined cycle power plant. Moreover this study surveys the sensitivity of fuel price, interest rate and carbon tax. In each case, this sensitivity can help to decide which utility is economically justified in the circumstance of environmental regulations.

• Environmental and Resource Economics Review
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• v.11 no.2
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• pp.211-231
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• 2002

This paper summarizes the results of a study that assess how a demand side management (DSM) system addresses key economic and environmental challenges facing in the Korean natural gas sector considering; ${\bullet}$ high discrepancies of seasonal consumption volume and of load factor in unmatured domestic LNG market, ${\bullet}$ unfavorable and volatile international LNG market, imposing with the contestable "take-or-pay" contract terms, ${\bullet}$ low profile of LNG and existence of market barriers against an optimal fuel mix status in the industrial energy sector. A particular focus of this study is to establish an 'extended' DSM system in the unmatured gas market, especially in industry sector, that could play a key role to assure an optimum fuel mix scheme. Under the concept of 'extended' DSM, a system dynamics modeling approach has been introduced to explore the option to maximize economic benefits in terms of the national energy system optimization, entailing different ways of commitments accounting for different DSM measures and time delay scenarios. The study concludes that policy options exist that can reduce inefficiencies in gas industry and end-use system at no net costs to national economy. The most scenarios find that, by the year 2015, it is possible to develop a substantial potential of increased industrial gas end-uses under more reliable and stable load patterns. Assessment of sensitivity analysis suggests that time delay factor, in formulating DSM scenarios, plays a key role to overcome various market barriers in domestic LNG market and provides a strong justification for the policy portfolios 'just in time' (time accurateness), which eventually contribute to establish an optimum fuel mix strategy. The study indicates also the needs of advanced studies based on SD approach to articulate uncertainty in unmatured energy market analysis, including gas.

• Proceedings of the SAREK Conference
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• 2009.06a
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• pp.325-331
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• 2009

In this paper, a simulation approach for the optimum design of cogeneration system is described. For the purpose of the systematic analysis, a simulation tool is developed with which the prediction of the energy load, calculation of operation data according to prime mover or capacity of it, and estimation of economic gains can be carried out. As for the criterion of the optimum design, the economic gains by adopting cogeneration system is taken. Based on the capital, operation, and maintenance costs etc, LCC analysis is to be carried out for the scenarios respectively. In this study, the simulation for the apartment complex is performed and the analysis of the results are described in detail. The effects of the operation parameters such as capital cost, fuel cost, and unit cost for the purchase or sale of heat and electricity on overall economy are also be considered by sensitivity study.

• International Journal of Automotive Technology
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• v.8 no.2
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• pp.149-154
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• 2007

The engine behavior in a transient condition is important to not only emission regulations but also fuel economy. A fast response gas analyzer can be a useful tool to investigate exhaust gas in a transient operation. It should be designed to analyze gas concentration with a short time constant by a fast sampling module and an appropriate measuring method for each emission element. In this study, a new fast sampling module is introduced and flow analysis is performed by numerical simulation. The analysis has shown the proper operating condition and the sensitivity of the module for practical application. Calculated flow to the sampling module has $0.5{\sim}4%$ error, while backflow toward the expansion tube is expected when pressure in CP (Constant Pressure) chamber is over 0.6 bar. For a stable supply of flow to the optical cell, sample gas pressure should be in the range, $0.35{\sim}1.90$ bar, when the pressure in the CP camber and the optical cell are 0.2 bar and 0.158 bar, respectively.

• Journal of Fisheries and Marine Sciences Education
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• v.28 no.5
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• pp.1319-1328
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• 2016

Since Ballast Water Management Convention has been effected, BWTS, applied to new-building vessels and existing vessels, have been developed from many countries with various treatment methods. However, BWTS is mainly typed Electrolysis, Ozone and UV type. Approximately 70 products have been type approved by the Flag Administrations. For the new-building vessels, the vessels' design and construction have been considered for arrangements and installations for BWTS. However, existing vessels which already construction had finished have problem with selection of BWTS type for installation and arrangement. The selection of the most economized BWTS system is important though, CAPEX has not been made any significant differences. However, OPEX is more important factor. Consequently, detail analysis of OPEX is the key to the selection of the most economized BWTS system and also it can be the purpose of this study. The feasibility study on the main three type of BWTS (Electrolysis, Ozone and UV type) for 175K Bulk Carrier and 57K Cargo ship has been conducted for this study. Because, these three type of BWTS have been the most frequently installed and used and the two type of object vessels are consist of the 40% of the world merchant ship market. For this study, interest rate, project duration (operation time after installation), maintenance cost and fuel oil price are considered as major factor of feasibility study. In addition, expecting Interest rates to sensitivity analysis conducted for more accurate feasibility study. For 175K Bulk carrier, ozone treatment system is more economical than other types. For 57K cargo ship, UV type is considered more economical than other types. However, it is concluded that electrolysis type is more suitable compare to installation space, total weight and electrical power consumption.