• Title/Summary/Keyword: Reduced Cost

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Economic Evaluation of ESS in Urban Railway Substation for Peak Load Shaving Based on Net Present Value

  • Park, Jong-young;Heo, Jae-Haeng;Shin, Seungkwon;Kim, Hyungchul
    • Journal of Electrical Engineering and Technology
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    • v.12 no.2
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    • pp.981-987
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    • 2017
  • In this paper, we estimate the economic benefits of Energy Storage Systems (ESSs) for peak load shaving in an urban railway substation using the annual cost. The annual investment cost of ESSs is estimated using Net Present Value (NPV) and compared with the cost reduction of electricity by the ESS. The optimal capacities of the battery and Power Converting System (PCS) are determined for peak load shaving. The optimal capacity of the ESS and the peak load shaving is determined to maximize the profit by the ESS. The proposed method was applied to real load data in an urban railway substation, and the results show that electric power costs can be reduced. Other aspects of the ESS, such as the lifetime and unit price of the battery, are also investigated economically.

Laboratory Test on Total Flow Control for Ice Slurry System with Inverter Fed Motor Pump (인버터구동 모터펌프를 이용한 아이스 슬러리형 빙축열시스템 전유량제어 운전시험)

  • Choi, Byoung-Youn;Lee, Kyoung-Ho;Lee, Sang-Ryoul;Lee, Hak-Joo
    • Proceedings of the KSME Conference
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    • 2001.06d
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    • pp.260-265
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    • 2001
  • This paper describes total flow control of an ice slurry system for pump energy saving. Similar turbo machinery has a characteristic that input power ratio is proportional to the three time of revolution speed ratio. To reduce the energy cost of brine pump in ice slurry storage systems, inverter is adapted instead of 3-way valve to control the speed of brine pump motor. One type of cooling load profile was used as driving load of the system, generated by a boiler and warm water storage tank. As results of the laboratory test, energy consumption and cost of the pump were reduced by 11.4%.

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Hybrid Cascaded MLI topology using Ternary Voltage Progression Technique with Multicarrier Strategy

  • Venugopal, Jamuna;Subarnan, Gayathri Monicka
    • Journal of Electrical Engineering and Technology
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    • v.10 no.4
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    • pp.1610-1620
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    • 2015
  • A major problem in conventional multilevel inverter is that an increase in power semiconductor switches causes an increase in cost and switching losses of the inverter. The multicarrier strategy adopted for the multilevel inverters has become more popular due to reduced cost, lower harmonic distortion, and higher voltage capability than the conventional switching strategy applied to inverters. Various topologies and modulation strategies have been reported for utility and drive applications. Level shifted based pulse width modulation techniques are proposed to investigate the performance of the multilevel inverter. The proposed work focuses on reducing the utilized switches so that the cost and the switching losses of the inverter do not go up and the consistent efficiency could be achieved. This paper presents the detailed analysis of these topologies. The analysis is based on the number of switches, DC sources, output level, maximum voltage, and the efficiency. As an illustration, single phase cascaded multilevel inverter topologies are simulated using MATLAB/SIMULINK and the experimental results demonstrate the viability of these inverters.

Economic Selection of Specification Limits for a Given Target Value (공정평균(工程平均)의 목표치(目標値)가 주어진 경우 규격한계(規格限界)의 경제적(經濟的) 선정(選定))

  • Riew, Moon-Charn
    • Journal of Korean Institute of Industrial Engineers
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    • v.15 no.2
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    • pp.57-64
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    • 1989
  • An Economic selection of specification limits is considered for a given target value in a complete inspection plan. Each item is inspected, and if it meets the specification, it is accepted. Items less than the lower specification limit are scrapped or sold at a reduced price, and those greater than the upper specification limit are reworked. Cost factors to be considered are economic loss caused by quality deviations, rework cost and scrapping cost. Methods for finding the optimal specification limits are given for the cases of piecewise linear loss function and quadratic loss function with illustrative examples.

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Model and Heuristics for the Heterogeneous Fixed Fleet Vehicle Routing Problem with Pick-Up and Delivery

  • Zhai, Shuai;Mao, Chao
    • Journal of Distribution Science
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    • v.10 no.12
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    • pp.19-24
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    • 2012
  • Purpose - This paper discusses the heterogeneous fixed fleet vehicle routing problem with pick-up and delivery (HFFVRPPD), for vehicles with different capacities, fixed costs, and travel costs. Research Design, data, methodology - This paper made nine assumptions for establishing a mathematical model to describe HFFVRPPD. It established a practical mathematical model, and because of the non-deterministic polynomial-time hard (NP-hard), improved the traditional simulated annealing algorithm and tested a new algorithm using a certain scale model. Result - We calculated the minimum cost of the heterogeneous fixed fleet vehicle routing problem (HFFVRP) with a single task and, on comparing the results with the actual HFFVRP for the single task alone, observed that the total cost of HFFVRPPD reduced significantly by 46.7%. The results showed that the new algorithm provides better solutions and stability. Conclusions - This paper, by comparing the HFFVRP and HFFVRPPD results, highlights certain advantages of using HFFVRPPD in physical distribution enterprises, such as saving distribution vehicles, reducing logistics cost, and raising economic benefits.

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Methodology for Estimating the HTS Cable Market Price (초전도케이블 시장진입 가격 산정 방법론 고찰)

  • Kim Jong-Yul;Lee Seung-Ryul;Yoon Jae-Young
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.53 no.10
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    • pp.536-541
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    • 2004
  • As power demand increases gradually, the call for underground transmission system increases. But it is very difficult and high in cost to construct new ducts and/or tunnels for power cables in metropolitan areas. HTS (High Temperature Superconducting) cable has the several useful characteristics such as increased power density, stronger magnetic fields and/or reduced losses. Therefore HTS cable can allow more power to be moved in existing ducts, which means very large economical and environmental benefits. In these days, companies world-wide have conducted researches on HTS cable. A development project for a 22.9kV class HTS cable is proceeding at a research center and university in Korea. In this paper, we investigate the expected price of HTS cable to have a merit in viewpoint of economic aspect. First, life-cycle cost of conventional cable is calculated and based on this, the expected price of HTS cable is evaluated, which HTS cable is competitive against conventional cable.

A Study on Low-Cost Sensorless Drive of Brushless DC Motor for Compressor Using Random PWM

  • Shin, Duck-Shick;Kim, Dae-Kyong
    • Journal of international Conference on Electrical Machines and Systems
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    • v.2 no.1
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    • pp.91-96
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    • 2013
  • Recently, it is increased to apply sensorless drive for BLDC (Brushless DC) motor to household electrical appliances, especially in the refrigerators and air conditioners, to reduce the cost and the acoustic noise by the operation and to make their functions more comfortable for human beings. In this paper, low-cost sensorless drive for BLDC motor is implemented by random PWM (Pulse Width Modulation). The experimental results show that the electromagnetic noise was reduced and the sound quality was improved by BLDC motor sensorless random PWM Control.

Study on Reducing Overbreak in Tunnel Excavation (터널에서의 여굴 저감 방안에 관한 연구)

  • Bae Sang-Hun;Kim Dae-Sang;Kim Mu-Il
    • Explosives and Blasting
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    • v.23 no.1
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    • pp.41-46
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    • 2005
  • Overbreak is an inevitable during tunnel excavation. It significantly affects tunnel construction cost and safety The overbreak occurs due to incorrect expectations to the geologic structures, excessive charge or strength of explosives, etc. This paper introduces multi-hole drilling method to minimize the overbreak in tunnel excavation. Although the drilling cost of the method is more expensive than those of the existing other drilling method, it is expected at that cost will be reduced.

Application of Norwegian Method of Tunnelling (NMT) Principles to bypass landslides in mountainous terrain

  • Bhasin, Rajinder;Aarset, Arnstein
    • Magazine of korean Tunnelling and Underground Space Association
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    • v.22 no.1
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    • pp.26-35
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    • 2020
  • Tunnelling to bypass major landslide areas is considered as a good and long-term environmentally friendly solution to reduce an existing hazard. In Norway, hundreds of kilometres of tunnels have been constructed in areas prone to landslides and snow avalanches. Although tunnelling is considered as an expensive mitigation strategy for bypassing landslides, analysis indicate that in some cases the cost of building a tunnel can be repaid by savings in driving costs (fuel) alone over a period of 5-10 years due to reduced driving distances. The other benefits of constructing tunnels in landslide areas include savings in time and increased safety. The Norwegian Method of Tunnelling (NMT) is considered safe, efficient and cost effective compared to other tunnelling techniques. Some aspects of NMT, which are considered safe and cost efficient, are presented. The application of updated rock support techniques, including reinforced ribs of shotctrete (RRS), which is a key component of the Norwegian Method of Tunnelling (NMT), is highlighted.

3W PV Generation System Development with Solar Tracker (3kW급 추적식 태양광발전 시스템 개발)

  • Kang S.Y.;Park G.N.;Park S.L.;Kim K.H.
    • Proceedings of the KIPE Conference
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    • 2003.07b
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    • pp.687-691
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    • 2003
  • In photovoltaic generation, PV module is used to generate the electricity, and this system has been in limelight as nonpolluting alternative energy source. But, as energy density is low and PV module cost is high, there is a disadvantage that initial investment cost go up. In this study, we studied the method of allowing a tracker, adequate to photovoltaic generation, for Increasing the generating. We determined the proper error angle in order to decrease the repeating number of tracking without a reduction of the generating by using our developed simulator. And, we presented the photovoltaic approach tracking control and achieved its experiment. Through the result of experiment, it is expected that the fault rate and the consumption of electric power in a tracker get reduced and its cost become cut down.

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