• Title/Summary/Keyword: LNG Price

Search Result 58, Processing Time 0.024 seconds

A Study on Mechanical Behaviors of Granite and Sandstone at Low Temperature (저온하에서의 화강암, 사암의 역학적 거동에 관한 연구)

  • 안경문;박연준;이희근
    • Tunnel and Underground Space
    • /
    • v.7 no.2
    • /
    • pp.91-99
    • /
    • 1997
  • To stabilize the energy price, the more storage facilities of energy are required and among the storage methods of LPG and LNG, the method of storage at low temperature under normal confining pressure is considered. It is needed to understand the mechanical and thermal characteristics of rock under temperature variation so that the behaviors of rock can be predicted. In this paper, the variation of the rock charateristics of the Hwangdeung granite and the Boryung sandstone is studied at low temperature. The mechanical characteristics of rock under low temperatures are that as temperature decreased, unaxial compression strength and Young's modulus increased for Hwangdeung granite; strength and Young's modulus in wet condition were greater than those in dry condition. In the case of Boryung sandstone, as temperature decreases unaxial compression strength and Young's modulus increase but decrease below -10$0^{\circ}C$ in dry condition and below -16$0^{\circ}C$ in wet condtion. The mechanical characteristics of rock after cooling to previous temperature and thawing are that uniaxial compression strength and Young's modulus decrease as temperature decreases. Uniaxial compression strength and Young's modulus in wet conditon decrease more than those in dry condition. Brazilian tension strength decreases as temperature decreases.

  • PDF

Economic Analysis of Power Plant Utilities Under $CO_2$ Emission Tax (탄소세(炭素稅)를 고려한 화력발전 설비간의 경제성 평가)

  • Kim, Ji-Soo;Lee, Byoung-Nam;Kim, Tae-Jin
    • IE interfaces
    • /
    • v.10 no.1
    • /
    • pp.237-248
    • /
    • 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.

  • PDF

Investment Decisions for Clean Development Mechanism under Uncertain Energy Policies using Real Option

  • Taeil Park;Changyoon Kim;Hyoungkwan Kim
    • International conference on construction engineering and project management
    • /
    • 2013.01a
    • /
    • pp.107-110
    • /
    • 2013
  • Recently, Korea parliament legislated the Low Carbon Green Growth Act (April, 2012) and approved a bill (May, 2012) to start carbon emission trading system in 2015. It means that for the first time, government would regulate the amounts of carbon emission in private entities, and private entities should attain predefined emission reduction goals by implementing clean development mechanism (CDM) project or buy the Certified Emission Reductions (CERs) from the trading market to avoid penalty. Under these circumstances, it is not easy for them to determine when or how to implement the CDM project because the governmental energy policies about the level of governmental subsidies, periods for free emission allocation, etc. are still under discussion and the future price of the CERs is quite uncertain. Thus, this study presents a real-option based model to assess the financial viability of the CDM project which switches bunker-C oil to liquefied natural gas (LNG). The proposed model is expected to assist private entities in establishing the investment strategy for CDM project under uncertain government energy policies.

  • PDF

An Analysis of the Application Technology of Heat Recovery System from Dyeing Wastewater (염색폐수 열회시스템 적용기술 분석)

  • 장기창;박성룡;이상남;라호상;박준택;함성원;박영태
    • Journal of Energy Engineering
    • /
    • v.10 no.3
    • /
    • pp.195-205
    • /
    • 2001
  • A great deal of energy is necessary with emission of lots of wastewater in dyeing and finishing process, but heat recovery from wastewater is not introduced since is technology is not developed yet. In order to obtain the method utilizing hot water produced by heat source, that is, dyeing wastewater it was investigated the characteristics of dyeing and finishing process and energy basic unit. Energy basic unit of polyester/cotton (T/C), polyester/rayon (T/R) and polyester dyeing process are higher than that of the other process. The average quantity of wastewater for each dyeing company is 20,470 ton/month, the average temperature of wastewater is about 41$^{\circ}C$. Because the SS solution of wastewater in polyester dyeing process is lower than that of the other process, the effect of corrosion in heat recovery system is low. Since the energy price for 1000 kcal produced by vapor compression heat pump is presumed to be 22.50 won, it is found to be very economic heat recovery system, and its payback is 2.09 years for the factory with LNG boiler.

  • PDF

Thermodynamic Analysis on Hybrid Turbo Expander - Heat Pump System for Natural Gas Pressure Regulation (히트펌프를 적용한 터보팽창기 천연가스 정압기지의 열역학적 분석)

  • Sung, Taehong;Kim, Kyoung Hoon;Han, Sangjo;Kim, Kyung Chun
    • Journal of the Korean Institute of Gas
    • /
    • v.18 no.4
    • /
    • pp.13-20
    • /
    • 2014
  • In natural gas distribution system, gas pressure is regulated correspond to requirement using throttle valve which is releasing huge pressure energy as useless form. The waste pressure can be recovered by using turbo machinery devices such as a turbo expander. In this process, excessive temperature drop occurs due to Joule-Thompson effect during the expansion process. Installing natural gas boiler before or after the turbo expander prevents temperature drop. Fuel cell or gas engine hybrid system further improve the efficiency, but 1~2% of total transporting natural gas is used for operating the hybrid system. In this study, a heat pump system is proposed as a preheating device which can be operated without using transporting natural gas. Thermodynamic analysis on evaporating and condensing temperatures and refrigerants is conducted. Results show that R717 is proper refrigerant for the hybrid system with high COP and low turbine work within the defined operating conditions. In domestic usage in Korea, the heat pump system has more economic feasibility owing to natural gas being imported with a high price of LNG form.

Synthesized Oil Manufacturing Technology from Natural Gas, GTL (천연가스로부터 합성유 제조 기술, GTL(Gas To Liquids))

  • Bae, Ji-Han;Lee, Won-Su;Lee, Heoung-Yeoun;Kim, Yong-Heon
    • The Korean Journal of Petroleum Geology
    • /
    • v.14 no.1
    • /
    • pp.45-52
    • /
    • 2008
  • The GTL(Gas to Liquids) technology, manufacturing synthesized oil from natural gas, had been developed about 1920 for the military purpose by Fischer and Tropsch, German scientists. And 1960, Sasol company had started commercializing the FT(Fischer-Tropsch) synthesis technology, for the transport fuel in South Africa. Until a recent date, the commercialization of GTL technology had been delayed by low oil price. But concern about depletion of petroleum resources, and development in synthesizing technology lead to spotlight on the GTL businesses. Especially, Qatar, which has rich natural gas fields, aims at utilizing natural gas like conventional oil resources. Therefore, around this nation, GTL plants construction has been promoted. There are mainly 3 processes to make GTL products(Diesel, Naphtha, lube oil, etc) from natural gas. The first is synthesis gas generation unit reforming hydrogen and carbomonoxide from natural gas. The second is FT synthesis unit converting synthesized gas to polymeric chain-hydrocarbon. The third is product upgrading unit making oil products from the FT synthesized oil. There are quite a little sulfur, nitrogen, and aromatic compounds in GTL products. GTL product has environmental premium in discharging less harmful particles than refinery oil products from crude to the human body. In short, the GTL is a clean technology, easier transportation mean, and has higher stability comparing to LNG works.

  • PDF

Study on Optimization of Operation in household Fuel Cell System (가정용 연료전지 시스템의 요금 분석을 통한 최적 운전 방법 검토)

  • Park, Deaheum;Cha, Kwangseok;Jo, Hokyoo;Jung, Younguan
    • Transactions of the Korean hydrogen and new energy society
    • /
    • v.23 no.6
    • /
    • pp.598-603
    • /
    • 2012
  • Despite the high efficiency and eco-friendly of Household Fuel Cell System it has hardly obtained popularity mainly due to its high prices. In order to encourage use of the system prices and operational expenses need to become economical. In this study, optimization through simulation was conducted to find out the optimal operational condition. As a result of simulation the system is operated with DSS operation from 5 O'clock to 19 O'clock for 14 hours at the constant output of 0.4kW to maximize reduction of energy rate. this DSS operation condition can reduce 200,000 won of energy rates in 35 pyoung apartment for a year. And, we can know that starting time of DSS operation don't effect to energy rates through the simulation. Furthermore, the household fuel cell system with the rated output of 1kW should be reduced to 0.4 - 0.6kW which can promote installation of household Fuel Cell System. Now, the household fuel cell system don't have been used widely due to economical efficiency. but, in the near future, Fuel Cell will be used to household by decrease of LNG price caused by development of shale gas.

Investigation of the Cryogenic Performance of the High Density Polyurethane Foam (고밀도 폴리우레탄 폼의 극저온 성능 분석)

  • Jeong-Hyeon Kim;Jeong-Dae Kim;Tae-Wook Kim;Seul-Kee Kim;Jae-Myung Lee
    • Journal of the Korean Society of Industry Convergence
    • /
    • v.26 no.6_3
    • /
    • pp.1289-1295
    • /
    • 2023
  • Polyurethane foam insulation required for storing and transporting cryogenic liquefied gas is already widely used as a thermal insulation material for commercial LNG carriers and onshore due to its stable price and high insulation performance. These polyurethane foams are reported to have different mechanical performance depending on the density, and the density parameter is determined depending on the amount of the blowing agent. In this study, density-dependent polyurethane foam was fabricated by adjusting the amount of blowing agent. The mechanical properties of polyurethane foam were analyzed in the room temperature and cryogenic temperature range of -163℃ at 1.5 mm/min, which is a quasi-static load range, and the cells were observed through microstructure analysis. The characteristics of linear elasticity, plateau, and densification, which are quasi-static mechanical behaviors of polyurethane foam, were shown, and the correlation between density and mechanical properties in a cryogenic environment was confirmed. The correlation between mechanical behavior and cell size was also analyzed through SEM morphology analysis. Polyurethane foam with a density of 180 kg/m3 had a density about twice as high as that of a polyurethane foam with a density of 96 kg/m3, but yield strength was about 51% higher and cell size was about 9.5% smaller.