• Title/Summary/Keyword: Generation Fuel Cost

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External Cost Assessment for Nuclear Fuel Cycle (핵연료주기 외부비용 평가)

  • Park, Byung Heung;Ko, Won Il
    • Journal of Nuclear Fuel Cycle and Waste Technology(JNFCWT)
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    • v.13 no.4
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    • pp.243-251
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    • 2015
  • Nuclear power is currently the second largest power supply method in Korea and the number of nuclear power plants are planned to be increased as well. However, clear management policy for spent fuels generated from nuclear power plants has not yet been established. The back-end fuel cycle, associated with nuclear material flow after nuclear reactors is a collection of technologies designed for the spent fuel management and the spent fuel management policy is closely related with the selection of a nuclear fuel cycle. Cost is an important consideration in selection of a nuclear fuel cycle and should be determined by adding external cost to private cost. Unlike the private cost, which is a direct cost, studies on the external cost are focused on nuclear reactors and not at the nuclear fuel cycle. In this research, external cost indicators applicable to nuclear fuel cycle were derived and quantified. OT (once through), DUPIC (Direct Use of PWR SF in CANDU), PWR-MOX (PWR PUREX reprocessing), and Pyro-SFR (SFR recycling with pyroprocessing) were selected as nuclear fuel cycles which could be considered for estimating external cost in Korea. Energy supply security cost, accident risk cost, and acceptance cost were defined as external cost according to precedent and estimated after analyzing approaches which have been adopted for estimating external costs on nuclear power generation.

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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Analysis of Load Pattern and Generation Cost in Midnight Power Services (심야전력 보급증가와 부하패턴 및 발전비용의 영향)

  • Kim, C.S.;Rhee, C.H.;Park, J.J.
    • Proceedings of the KIEE Conference
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    • 2001.07a
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    • pp.547-549
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    • 2001
  • Recently, heating using oil and gas has been continuously replaced by that using midnight power in home, due to increase of oil price. Therefore, midnight power apparatus has been more and more spreading. However, cost of midnight power services is increasing because high fuel cost of generation facilities by existing power generation mix are charge of midnight power services. This paper analyzes trends about rapidly increasing midnight power in winter, and evaluate load pattern and supply cost of midnight power. Also, this study proposes rate direction of midnight power according to introduction of competitiveness system with B/C evaluation of midnight power cost.

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A Study on the Alternative Technology Evaluation Based on LCA and ″extended″ Energy I/O Technique (LCA와 에너지수지비 개념의 확장을 통한 대체에너지기술의 평가방법론)

  • 박찬국;박영구;최기련
    • Journal of Energy Engineering
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    • v.8 no.2
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    • pp.317-324
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    • 1999
  • This study suggests the effectiveness of an "extended" power system evaluation methodology based on LCA and energy input-output analysis techniques. This "extended" evaluation methodology is designed to incorporate total energy system costs through fuel cycle and external costs, including CO$_2$abatement cost. As an empirical test, we applied the methodology to orimulsion-fired power generation technology and found that orimulsion could be considered as in attractive base-load power generation fuel in terms of economic and environmental aspects, compared to conventional coal-fired power plant.

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Economic Analysis of Livestock Manure Solid Fuel Manufacturing and Power Generation Facility (가축분뇨 고체연료 제조 및 발전시설의 경제성 분석)

  • Kim, Chang-Gyu;Yoon, Young-Man
    • Journal of the Korea Organic Resources Recycling Association
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    • v.30 no.2
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    • pp.29-42
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    • 2022
  • The government promotes the 2050 carbon-neutral policy. Therefore, the concern to convert livestock manure into energy is increasing for the reduction of greenhouse gases generated in the livestock industry sector. In this study, the economic feasibility of the livestock manure solid fuel power generation facility, which is a major consumer of livestock manure solid fuel, was assessed to expand the demand for livestock manure solid fuel. The production cost of livestock manure solid fuel showed the lowest production cost of 97.4 thousand won/ton when dried using solid fuel at a 200 ton/day scale bio-drying facility. The livestock manure solid fuel power generation facility showed economic feasibility at a REC weight of 1.5 in the case of the bio-drying facility, so it was necessary to set a REC weight of 1.5 or more to expand the demand for livestock manure solid fuel. The conversion of livestock manure into solid fuel has various environmental benefits, such as the reduction of greenhouse gases and the effect of reducing non-point pollutants in the water system. Therefore, in order to expand livestock manure solid fuel production facility, it was required to review the feasibility including various environmental benefits.

A Study on Hydorgen Generation from Alkaline NaBH4 Solution Using Co-B Catalysts (알칼리 NaBH4 용액에서 Co-B 촉매를 이용한 수소발생반응에 관한 연구)

  • Jeong, SeougUk;Cho, EunAe;OH, In-Hwan;Hong, Sunn-Ahn;Kim, Sung-Hyun;Nam, Suk-Woo
    • Transactions of the Korean hydrogen and new energy society
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    • v.15 no.2
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    • pp.137-143
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    • 2004
  • For hydrogen generation from aqueous alkilne $NaBH_4$ solution, Co-B catalyst was prepared by chemical reduction method using $NaBH_4$ as a reduction chemical. Effects of solution temperature, amount of catalyst loading, $NaBH_4$ concentration, and NaOH (a base-stabilizer) concentration on the hydrogen generation rate were exmanined. Compared to Ru catalyst generally used, the low-cost Co-B catalyst exhibited almost comparable activity to the hydrogen generation reaction.

Fuel Cycle Cost Modeling for the Generation IV SFR at the Pre-Conceptual Design Stage

  • Kim, Seong-Ho;Moon, Kee-Hwan;Kim, Young-In
    • Proceedings of the Korean Radioactive Waste Society Conference
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    • 2009.11a
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    • pp.51-52
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    • 2009
  • Recently, several industrial countries using the fission energy have given attention to the Gen-IV SFR (sodium-cooled fast reactor) for achieving sustainable nuclear energy systems. In this context, an SFR is currently developed at the design concepts study stage in the Republic of Korea [Kim & Hahn 200909]. The sustainability of systems means economic, environment-friendly, proliferation-resistant, and safer systems. More specifically, this sustainability can be accomplished in terms of resource recycling and radioactive waste reduction. In the present work, the objective of fuel cycle cost modeling is to identify the impact of various conceptual options as a cost reduction measure for the Gen-IV SFR at the design concepts study stage. It facilitates the selection of several reasonable fuel cycle pathways for the future Gen-IV SFR from an economic viewpoint.

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Calculation of the generator cost functions using the utilization factor of generators and the mixed fuel burning ratio of the generators (이용율과 혼소율을 이용한 발전기의 입출력 특성식 산정)

  • Song, Kyung-Bin;Nam, Jae-Hyun;Park, Si-Woo
    • Proceedings of the KIEE Conference
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    • 1999.07c
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    • pp.1270-1272
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    • 1999
  • The generator cost function is one of the basic data for the generation scheduling. Generally the cost functions are obtained form design calculations or from heat rate tests. The real operating condition may be different from the condition of design or the tests. Some of the conditions may not be tested during the periodical maintenance. In order to improve the calculation of the generator cost function, this paper presents a new calculation method of the generator cost functions using the utilization factors of generators and the mixed fuel burning ratio of the generators.

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Scenario Analysis of Low-Carbon Generation Mix Considering Social Costs (사회적 비용을 고려한 저탄소 전원구성의 시나리오 분석)

  • Park, Jong-Bae;Cho, Young-Tak;Roh, Jae Hyung
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.67 no.2
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    • pp.173-178
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    • 2018
  • This study organizes scenarios on the power supply and demand plans considering the uncertainties and the portion of distributed energy resources. In analysing the scenarios, it estimates total electricity supply cost in the social aspect, natural gas demand and air pollutants emission including carbon dioxide. Also the analysis is performed to estimate the marginal cost of carbon dioxide reduction for the fuel switching from coal to liquified natural gas. In result, the social cost could be decreased by replacing some portion of renewable energy by LNG-based combined heat and power and delaying the construction of large base-load generators such as coal and nuclear plants. The marginal carbon dioxide reduction cost by fuel switching is in plausible range for fuel switching to be an option for carbon dioxide emission reduction when the social cost is considered.

A Study on the Strategy of Smart Charging System to Charge the PHEV in the House Which has a 1 kW Fuel Cell Cogeneration System (1 kW 급 가정용 연료전지 코제너레이션 시스템이 설치된 주택 내 플러그인 하이브리드 자동차의 스마트 충전전략 연구)

  • Roh, Chul-Woo;Kim, Min-Soo
    • Proceedings of the SAREK Conference
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    • 2008.06a
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    • pp.838-843
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    • 2008
  • Cause of struggling to escape from dependency of fossil fuels, the fuel cell and the Plug-in Hybrid Electric Vehicle (PHEV) draw attention in the all of the world. Especially, the Polymer Electrolyte Membrane Fuel Cell (PEMFC) systems have been anticipated for next generation's energy supplying system, and we can predict the PHEV will enlarge the market share in the next few years to reduce not only the air pollution in the metropolis but the fuel-expenses of commuters. This paper presents simulation results about the strategy of smart charging system for PHEV in the residential house which has 1 kW PEMFC cogeneration system. The smart charging system has a function of recommending the best time to charge the battery of PHEV by the lowest energy cost. The simulated energy cost for charging the battery based on the electricity demand data pattern in the house. The house which floor area is $132\;m^2$ (40 pyeong.). In these conditions, the annual gasoline, electricity, and total energy cost to fuel the PHEV versus Conventional Vehicle (CV) have been simulated in terms of cars' average life span in Korea.

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