• Title/Summary/Keyword: Power supply price

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Analyzing of Solar Power Generation Cost-Benefit Using Idle Sites(Parking Lot & Rooftop): Focusing on Environmental Benefit and Social Benefit (주차장·옥상 유휴부지를 활용한 태양광발전 비용편익 분석: 환경·사회 편익 중심으로)

  • Ko, Hyung-Do;Kim, Jeong-In;Ahn, Kyoung-Jin
    • Asia-Pacific Journal of Business
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    • v.13 no.2
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    • pp.139-154
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    • 2022
  • Purpose - This study aims to analyzing of solar power generation cost-benefit. Design/methodology/approach - We analyzed whether there is economic feasibility by selecting parking lots and idle sites located in four areas of Seoul, Gyeonggi, Chungcheong, Jeolla, and Gyeongsang areas nationwide, and analyzing site conditions and installation capacity. Findings - According to the results of the analysis, it was found that there is low profitability in Seoul, Gyeonggi and Chungcheong regions, where the solar radiation was not excellent even if REC is selected through the contract market. However, it is necessary to analyzed the economical validity the profitable validity including environmental benefits (greenhouse gas reduction, NOx, SOx reduction effect) and social benefits (renewable power supply) that is analyzed by income and operating costs which is occurred from electricity sales and REC sales when installing solar power generation facilities. Research implications or Originality - In this study, economic feasibility was evaluated additionally in consideration of environmental and social benefits. In conclusion, it was shown that businesses are not economical when considering only simple financial aspects are also sufficiently economical when it is considering environmental and social benefits.

A study on Development Process of Fish Aquaculture in Japan - Case by Seabream Aquaculture - (일본 어류 양식업의 발전과정과 산지교체에 관한 연구 : 참돔양식업을 사례로)

  • 송정헌
    • The Journal of Fisheries Business Administration
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    • v.34 no.2
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    • pp.75-90
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    • 2003
  • When we think of fundamental problems of the aquaculture industry, there are several strict conditions, and consequently the aquaculture industry is forced to change. Fish aquaculture has a structural supply surplus in production, aggravation of fishing grounds, stagnant low price due to recent recession, and drastic change of distribution circumstances. It is requested for us to initiate discussion on such issue as “how fish aquaculture establishes its status in the coastal fishery\ulcorner, will fish aquaculture grow in the future\ulcorner, and if so “how it will be restructured\ulcorner” The above issues can be observed in the mariculture of yellow tail, sea scallop and eel. But there have not been studied concerning seabream even though the production is over 30% of the total production of fish aquaculture in resent and it occupied an important status in the fish aquaculture. The objectives of this study is to forecast the future movement of sea bream aquaculture. The first goal of the study is to contribute to managerial and economic studies on the aquaculture industry. The second goal is to identify the factors influencing the competition between production areas and to identify the mechanisms involved. This study will examine the competitive power in individual producing area, its behavior, and its compulsory factors based on case study. Producing areas will be categorized according to following parameters : distance to market and availability of transportation, natural environment, the time of formation of producing areas (leaderㆍfollower), major production items, scale of business and producing areas, degree of organization in production and sales. As a factor in shaping the production area of sea bream aquaculture, natural conditions especially the water temperature is very important. Sea bream shows more active feeding and faster growth in areas located where the water temperature does not go below 13∼14$^{\circ}C$ during the winter. Also fish aquaculture is constrained by the transporting distance. Aquacultured yellowtail is a mass-produced and a mass-distributed item. It is sold a unit of cage and transported by ship. On the other hand, sea bream is sold in small amount in markets and transported by truck; so, the transportation cost is higher than yellow tail. Aquacultured sea bream has different product characteristics due to transport distance. We need to study live fish and fresh fish markets separately. Live fish was the original product form of aquacultured sea bream. Transportation of live fish has more constraints than the transportation of fresh fish. Death rate and distance are highly correlated. In addition, loading capacity of live fish is less than fresh fish. In the case of a 10 ton truck, live fish can only be loaded up to 1.5 tons. But, fresh fish which can be placed in a box can be loaded up to 5 to 6 tons. Because of this characteristics, live fish requires closer location to consumption area than fresh fish. In the consumption markets, the size of fresh fish is mainly 0.8 to 2kg.Live fish usually goes through auction, and quality is graded. Main purchaser comes from many small-sized restaurants, so a relatively small farmer and distributer can sell it. Aquacultured sea bream has been transacted as a fresh fish in GMS ,since 1993 when the price plummeted. Economies of scale works in case of fresh fish. The characteristics of fresh fish is as follows : As a large scale demander, General Merchandise Stores are the main purchasers of sea bream and the size of the fish is around 1.3kg. It mainly goes through negotiation. Aquacultured sea bream has been established as a representative food in General Merchandise Stores. GMS require stable and mass supply, consistent size, and low price. And Distribution of fresh fish is undertook by the large scale distributers, which can satisfy requirements of GMS. The market share in Tokyo Central Wholesale Market shows Mie Pref. is dominating in live fish. And Ehime Pref. is dominating in fresh fish. Ehime Pref. showed remarkable growth in 1990s. At present, the dealings of live fish is decreasing. However, the dealings of fresh fish is increasing in Tokyo Central Wholesale Market. The price of live fish is decreasing more than one of fresh fish. Even though Ehime Pref. has an ideal natural environment for sea bream aquaculture, its entry into sea bream aquaculture was late, because it was located at a further distance to consumers than the competing producing areas. However, Ehime Pref. became the number one producing areas through the sales of fresh fish in the 1990s. The production volume is almost 3 times the production volume of Mie Pref. which is the number two production area. More conversion from yellow tail aquaculture to sea bream aquaculture is taking place in Ehime Pref., because Kagosima Pref. has a better natural environment for yellow tail aquaculture. Transportation is worse than Mie Pref., but this region as a far-flung producing area makes up by increasing the business scale. Ehime Pref. increases the market share for fresh fish by creating demand from GMS. Ehime Pref. has developed market strategies such as a quick return at a small profit, a stable and mass supply and standardization in size. Ehime Pref. increases the market power by the capital of a large scale commission agent. Secondly Mie Pref. is close to markets and composed of small scale farmers. Mie Pref. switched to sea bream aquaculture early, because of the price decrease in aquacultured yellou tail and natural environmental problems. Mie Pref. had not changed until 1993 when the price of the sea bream plummeted. Because it had better natural environment and transportation. Mie Pref. has a suitable water temperature range required for sea bream aquaculture. However, the price of live sea bream continued to decline due to excessive production and economic recession. As a consequence, small scale farmers are faced with a market price below the average production cost in 1993. In such kind of situation, the small-sized and inefficient manager in Mie Pref. was obliged to withdraw from sea bream aquaculture. Kumamoto Pref. is located further from market sites and has an unsuitable nature environmental condition required for sea bream aquaculture. Although Kumamoto Pref. is trying to convert to the puffer fish aquaculture which requires different rearing techniques, aquaculture technique for puffer fish is not established yet.

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The study on advertisement of dental devices & instrument during Japanese colonized period (광고를 통해 본 일제강점기 치과 장비 및 기구 광고에 관한 연구)

  • Shin, Jai-Eui
    • The Journal of the Korean dental association
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    • v.48 no.12
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    • pp.893-918
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    • 2010
  • This article is purposed of reviewing the development history of Japanese dental devices and instrument, and their related advertisement activities during the Japanese colonized period in Korea in early 20th century. Japanese dental devices and instrument were redesigned to accommodate their ergonomic shape above the simple imitation, and it implies the excessive desires brought them frustrations. The tragic earthquake on Sep. l, 1923, medical insurance law enforcement on Jan. 1, 1927, celebration of "Cavity prevention Day" started on Jun. 4, 1928, and the attack of Manchuria and China by Japan after 1931, all of these historical incidents become the preliminary requirement for the development of dental devices. On Nov. 1, 1937, Japanese government started to control dental materials, driving the campaigns for excluding foreign products and encourging the use of local products. In 1939, Nakajima dental manufacturers used this political and social atmosphere on their advertisement as saying "Our Nakajima's products have no compromise with the short raw materials, but only commitment to our quality". Since after 1940, the price and supply have been strongly under control, and the control group was appeared to manage all of supply and distribution of raw materials, regular price system, and specifications. At last, the Japanese national power were devastated in its production and distribution capacities, and get to the frustrated period. The main advertised dental devices and instruments in Korea during the Japanese colonized period were 1) dental chair, unit and cabinet, 2) dental x-ray, 3) compressors, 4) dental needles, 5) small instrument and carryon medical(emergency) kit, 6) oral hygiene and pyorrhea alveolaris, infrared rays, sunlight lamp, ultrashort wave treatment devices, 7)crown former, electric furnace, casting machine, articulator, electric lathe, and laboratory equipments, etc.

A Study on Subsidence of Offshore Wind Power System Foundation (해상풍력시스템의 기초침하에 관한 연구)

  • Seo, Dong-Il;Shin, Sung-Ryul;Lim, Jong-Se;Yoon, Ji-Ho;Jang, Won-Yil
    • Journal of Advanced Marine Engineering and Technology
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    • v.31 no.8
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    • pp.1020-1027
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    • 2007
  • As a national enterprise has been expanded over and over, the worldwide energy consumption has been growing necessarily. Moreover, as recently energy spendings are on the increase in countries such as BRICs, it has resulted that a rise in the price of both oil and mineral resources and instability between supply and demand become serious issue in the world resources market. The recent high price of oil and mineral resources have a deep influence on economy and threaten energy security and even national prosperity of Korea. In addition to these, exhaustion of fossil fuels and the enhanced greenhouse effect which results from gases emitted as a result of fossil fuels has been in serious questions which occur a great deal of effort to secure clean energy resources all around the world. As it is considerably possible for Korea that the Kyoto protocol may come into effect on and after 2013, it is essential to require the technological development to promote energy efficiency as well as to develope safe and renewable energy resources. The wind energy technology which converts kinetic energy into electrical energy has been in the focus of the world's attention. In this study, two-dimensional numerical analyses were conducted to observe subsidence aspects of the sea bottom on differently applied loads and various ground conditions.

Testing for Competition in the Korean Petroleum Refining Industry (유가자유화에 따른 국내 정유산업의 경쟁도 분석 -구조적 모형과 비구조적 모형의 비교-)

  • Oh, Sunah;Heo, Eunnyeong
    • Environmental and Resource Economics Review
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    • v.15 no.1
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    • pp.51-69
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    • 2006
  • This paper analyze the degree of competitiveness of the refining industry after price liberalization. We use two well-known methods: the first is Bresnahan (1982) and Lau (1982) method that estimates a structural model consisting of a demand relation and supply relation and the second is Panzar and Rosse (1987) method that estimates non structural model of the sum of elasticities of gross revenue with respect to input prices. Results from two models show mixed sign, however, our results indicate that price liberalization improved the degree of competitiveness.

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Development of Customer Oriented Load Management Software for Savings on Utility Bills in the Electricity Market

  • Chung, Koo-Hyung;Lee, Chan-Joo;Kim, Jin-Ho;Hur, Don;Kim, Balho-H.;Park, Jong-Bae
    • Journal of Electrical Engineering and Technology
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    • v.2 no.1
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    • pp.42-49
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    • 2007
  • For electricity markets to function in a truly competitive and efficient manner, it is not enough to focus solely on improving the efficiencies of power supply. To recognize price-responsive load as a reliability resource, the customer must be provided with price signals and an instrument to respond to these signals, preferably automatically. This paper attempts to develop the Windows-based load management system in competitive electricity markets, allowing the user to monitor the current energy consumption or billing information, to analyze the historical data, and to implement the consumption strategy for cost savings with nine possible scenarios adopted. Finally, this modeling framework will serve as a template containing the basic concepts that any load management system should address.

Adequate Excessive Air Ratio for The Various Blended Coal at a USC Boiler (USC 보일러에서 혼합연료별 적정과잉공기비)

  • Park, Jin-Chul;Lee, Jae-Heon;Moon, Seung-Jae
    • Plant Journal
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    • v.7 no.2
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    • pp.44-51
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    • 2011
  • Given the fact that the entire bituminous coal used for a boiler is imported, the supply of coal is often affected by the rise of international coal price. Moreover, coal suppliers have been diversified due to the competition among power generation companies for reducing costs and inexpensive sub-bituminous coal is used. As a result, boilers combustion conditions have been deviated from the initial boiler design. This requires the selection of adequate excessive air ratio for different combustion conditions to enhance the efficiency of boiler operation. The boiler efficiency has been identified through an examination on the change of excessive air ratio by mixed fuel in unit 8 of Dangjin power plant complex. In addition, an excessive air ratio was calculated based on the examination result. According to the study result, the adequate excessive air ratio was 13% when Macquarie and Powder river were mixed at a ratio of 5:5 and when Sonoma and Megaprima persada were mixed at a ratio of 5:5. When BHP Billiton and Powder river were mixed at a ratio of 4:6 and Centennial and Batubara were mixed at a ratio of 3:7, the adequate excessive air ratio was 11%.

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Update of charging technologies and cost-optimized charging infrastructure (전기자동차 충전기술 현황 및 경제적 충전 인프라 구축)

  • Ha, Hoi-Doo;Park, Jung-Woo;Kim, Jong-Mu
    • Proceedings of the KIEE Conference
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    • 1998.07f
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    • pp.1886-1891
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    • 1998
  • Traction battery chargers are an integral part of the required charging infrastructure. EV charging systems are continuing to improve in design. The newer types are affecting power quality to a much lesser extent. High efficiency battery chargers are being designed and produced which form little or no harmonic distortion. In addition chargers are becoming smaller and lighter. This is due mainly to the fact that there are improvements in the power electronics industry, especially with respected to IGBTs. Lower costs are achieved by the reduction in price of the IGBTs, standard magnetic material and small cores for inductors and transformers. But electric vehicles occupy a relatively small market niche at present. Therefore with already existing power supply networks, establishment of EV infrastructure can safeguard the service value of present vehicle as well as ensure the ability to charge a significant number of such vehicle. In this paper, we surveyed the update charging technologies according to the conductive charging, inductive charging and fast charging. Then we suggested cost-optimized charging infrastructure in consideration of the economical, political and technical standpoint.

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Initial estimates of the economical attractiveness of a nuclear closed Brayton combined cycle operating with firebrick resistance-heated energy storage

  • Chavagnat, Florian;Curtis, Daniel
    • Nuclear Engineering and Technology
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    • v.50 no.3
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    • pp.488-493
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    • 2018
  • The Firebrick Resistance-Heated Energy Storage (FIRES) concept developed by the Massachusetts Institute of Technology aims to enhance profitability of the nuclear power industry in the next decades. Studies carried out at Massachusetts Institute of Technology already provide estimates of the potential revenue from FIRES system when it is applied to industrial heat supply, the likely first application. Here, we investigate the possibility of operating a power plant (PP) with a fluoride-salt-cooled high-temperature reactor and a closed Brayton cycle. This variant offers features such as enhanced nuclear safety as well as flexibility in design of the PP but also radically changes the way of operating the PP. This exploratory study provides estimates of the revenue generated by FIRES in addition to the nominal revenue of the stand-alone fluoride-salt-cooled high-temperature reactor, which are useful for defining an initial design. The electricity price data is based on the day-ahead markets of Germany/Austria and the United States (Iowa). The proposed method derives from the equation of revenue introduced in this study and involves simple computations using MatLab to compute the estimates. Results show variable economic potential depending on the host grid but stress a high profitability in both regions.

Current Limiting and Interrupting Operation of Hybrid Self-Excited Type Superconducting DCCB

  • Choi, S.J.;Lim, S.H.
    • Progress in Superconductivity and Cryogenics
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    • v.20 no.4
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    • pp.55-59
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    • 2018
  • Currently, the development of industry makes needs larger electric supply. Providers must consider the efficiency about losses and reliability of the system. In this case, DC power system can save electrical energy; long-distance transmission line losses. Relevance to switch technology with a voltage-source converter (VSC) in AC-DC conversion system have been researched. But, protection device of DC-link against fault current is still needed to study much. VSC DC power system is vulnerable to DC-cable short-circuit and ground faults, because DC-link has a huge size of capacitor filter which releases extremely large current during DC faults. Furthermore, DC has a fatal flaw that current zero crossing is nonexistence. To interrupt the DC, several methods which make a zero crossing is used; parallel connecting self-excited series LC circuit with main switch, LC circuit with power electronic device called hybrid DC circuit breaker. Meanwhile, self-excited oscillator needs a huge size capacitor that produces big oscillation current which makes zero crossing. This capacitor has a quite effective on the price of DCCB. In this paper, hybrid self-excited type superconducting DCCB which are using AC circuit breaker system is studied by simulation tool PSCAD/EMTDC.