• Title/Summary/Keyword: Price Simulator

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Techno-economic Analysis of Glycerol Steam Reforming for H2 Production Capacity of 300 m3 h-1 (300 m3 h-1급 수소 생산을 위한 글리세롤 수증기 개질반응의 기술·경제성 분석)

  • Heo, Juheon;Lim, Hankwon
    • Applied Chemistry for Engineering
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    • v.29 no.2
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    • pp.209-214
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    • 2018
  • In this paper, the techno-economic analysis of glycerol steam reforming for $H_2$ production capacity of $300m^3\;h^{-1}$ was carried out. The process of glycerol steam reforming was constructed by using Aspen $HYSYS^{(R)}$, a commercial process simulator, and parametric studies for the effect of the operating temperature on $H_2$ production was performed. Moreover, the economic analysis was conducted through an itemized cost estimation, sensitivity analysis (SA) and cash flow diagram (CFD), and the unit $H_2$ production cost was 5.10 $ ${kgH_2}^{-1}$ through the itemized cost estimation of glycerol steam reforming for $H_2$ production capacity of $300m^3\;h^{-1}$. SA was employed to identify key economic factors and various economic indicators such as net present value (NPV), discounted payback period (DPBP), and present value ratio (PVR) were found according to $H_2$ selling price using CFD.

A Study on The Development and Function Test of Digital Transformer Protection Relay Using The Induced Voltage (유기전압비를 이용한 디지털형 변압기 보호계전기 개발 및 성능시험에 관한 연구)

  • Jung, Sung-Kyo;Lee, Jae-Kyung;Kim, Han-Do;Choi, Dae-Gil;Kang, Yong-Chul;Kang, Sang-Hee
    • Proceedings of the KIEE Conference
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    • 2001.11b
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    • pp.216-218
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    • 2001
  • The transformer role is very important in power system operation and control; also its price is very expensive. Therefore many kinds of the efforts for transformer protection have been executed. So for as, current differential relay(87) has been mainly used for transformer protection. But current differential relaying method has several troubles as followings. Differential current can be occurred by transformers inrush current between winding1 and winding2 of transformer when transformer is initially energized. Also harmonic restrained element used in current differential relaying method is one of the causes of relays mal-operation because recently harmonics in power system gradually increase by power switching devices(SVC, FACTS, DSC, etc). Therefore many kinds of effort have been executed to solve the trouble of current differential relay and one of them is method using ratio of increment of flux linkages(RIFL) of the primary and secondary windings. This paper introduces a novel protective relay for power transformers using RIFL of the primary and secondary windings. Novel protective relay successfully discriminates between transformer internal faults and normal operation conditions including inrush and this paper includes real time test results using RTDS(Real Time Digital Simulator) for novel protective relay. A novel protective relay was designed using the TMS320C32 digital signal processor and consisted of DSP module. A/D converter module, DI/DO module, MMI interface module and LCD display module and developed by Xelpower co., Ltd.

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Multi-agent System based GENCO model for an effective market simulation (전력시장 시뮬레이션을 위한 MAS 기반 GENCO 모델링)

  • Kang, Dong-Joo;Kim, Hak-Man;Chung, Koo-Hyung;Han, Seok-Man;H.Kim, Bal-Ho;Hur, Don
    • Proceedings of the KIEE Conference
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    • 2007.07a
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    • pp.127-129
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    • 2007
  • Since the competitive market environment was introduced into the electric power industry, the structure of the industry has been changing from vertically integrated system to functionally unbundled and decentralized system composed of multiple (decision-making) market participants. So the market participants such as Gencos or LSE (load serving entity) need to forecast the market clearing price and thus build their offer or bidding strategies. Not just these market players but also a market operator is required to perform market analysis and ensure simulation capability to manage and monitor the competitive electricity market. For fulfilling the demand for market simulation, many global venders like GE, Henwood, Drayton Analytics, CRA, etc. have developed and provided electricity market simulators. Most of these simulators are based on the optimization formulation which has been used mainly for the least cost resource planning in the centralized power system planning and operation. From this standpoint, it seems somehow inevitable to face many challenges on modeling competitive market based on the method of traditional market simulators. In this paper, we propose a kind of new method, which is MAS based market simulation. The agent based model has already been introduced in EMCAS, one of commercial market simulators, but there may be various ways of modeling agent. This paper, in particular, seeks to introduce an model for MAS based market simulator.

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Feasibility of Combined Heat and Power Plant based on Fuel Cells using Biogas from Macroalgal Biomass (거대조류 바이오매스로부터 생산된 바이오가스를 사용하는 연료전지 기반 열병합발전의 타당성 검토)

  • Liu, Jay
    • Clean Technology
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    • v.24 no.4
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    • pp.357-364
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    • 2018
  • Studies on the production of biogas from third generation biomass, such as micro- and macroalgae, have been conducted through experiments of various scales. In this paper, we investigated the feasibility of commercialization of integrated combined heat and power (CHP) production using biogas derived from macroalgae, i.e., seaweed biomass. For this purpose, an integrated CHP plant of industrial scale, consisting of solid oxide fuel cells, gas turbine and organic Rankine cycle, was designed and simulated using a commercial process simulator. The cost of each equipment in the plant was estimated through the calculated heat and mass balances from simulation and then the techno-economic analysis was performed. The designed integrated CHP process produces 68.4 MW of power using $36ton\;h^{-1}$ of biogas from $62.5ton\;h^{-1}$ (dry basis) of brown algae. Based on these results, various scenarios were evaluated economically and the levelized electricity cost (LEC) was calculated. When the lifetime of SOFC is 5 years and its stack price is $$225kW^{-1}$, the LEC was 12.26 ¢ $kWh^{-1}$, which is comparable to the conventional fixed power generation.

A Study on the Simulation of Underground Acoustic Telemetry (지중 원격 음파통신 시뮬레이션 연구)

  • Shin, Younggy
    • Plant Journal
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    • v.18 no.2
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    • pp.41-45
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    • 2022
  • The conventional communication method using mud flow pressure waves has a speed of 1-2 bps, so it takes a long time to communicate, making real-time control impossible. Although the sound wave communication method for improving the communication speed by 10 times or more has been commercialized, its use is limited due to its high price and there are not many application cases. In this study, the simulator corresponding to the facility was developed to develop performance similar to the actual test results. For simulating sound wave communication through a drill pipe, we proposed a governing equation that can simulate friction damping by mud and developed a numerical analysis model. The attenuation factor was corrected by comparing it with the attenuation rate of sound wave energy at the drilling site. The developed numerical analysis model was applied to the QPSK modulation type communication algorithm to confirm the excellent performance of the communication error rate of 0.04% in the ground. This is the communication performance under the condition that noise has not been mixed yet, and in order to apply it, the technology of reproducing the actual noise signal for mixing by securing the field noise data was established.

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A Study on Extendable Instruction Set Computer 32 bit Microprocessor (확장 명령어 32비트 마이크로 프로세서에 관한 연구)

  • 조건영
    • Journal of the Korean Institute of Telematics and Electronics D
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    • v.36D no.5
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    • pp.11-20
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    • 1999
  • The data transfer width between the mocroprocessor and the memory comes to a critical part that limits system performance since the data transfer width has been as it was while the performance of a microprocessor is getting higher due to its continuous development in speed. And it is important that the memory should be in small size for the reduction of embedded microprocessor's price which is integrated on a single chip with the memory and IO circuit. In this paper, a mocroprocessor tentatively named as Extendable Instruction Set Computer(EISC) is proposed as the high code density 32 bit mocroprocessor architecture. The 32 bit EISC has 16 general purpose registers and 16 bit fixed length instruction which has the short length offset and small immediate operand. By using and extend register and extend flag, the offset and immediate operand could be extended. The proposed 32 bit EISC is implemented with an FPGA and all of its functions have been tested and verified at 1.8432MHz. And the cross assembler, the cross C/C++ compiler and the instruction simulator of the 32 bit EISC shows 140-220% and 120-140% higher code density than RISC and CISC respectively, which is much higher than any other traditional architectures. As a consequence, the EISC is suitable for the next generation computer architecture since it requires less data transfer width compared to any other ones. And its lower memory requirement will embedded microprocessor more useful.

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