• Title/Summary/Keyword: Utility cost

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A Study on the Minimization of Generation Cost of an Individual Power Generation Considering Available Transfer Capability(ATC) (가용송전용량을 고려한 각 발전회사의 발전비용 최소화 기법 개발에 관한 연구)

  • Jeong, Sung-Won;Gim, Jae-Hveon
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.54 no.12
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    • pp.586-591
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    • 2005
  • This paper presents a method of minimizing of generation cost on individual electrical power utility. The method is based on the Economic Dispatch (ED) and linear Available Transfer Capability (ATC). The economic dispatch redistributes the total load to individual units to minimize the generation cost without transmission network constraints. The proposed method is implemented using ATC calculated from Power Transfer Distribution Factor (PTDF) for the transmission network constraints. The performance of the proposed method has been tested for the IEEE-30 bus system. It has also been observed that the results of the proposed method is compared with that of optimal power flow.

Cost-Effective Converters for Micro Wind Turbine Systems using PMSG

  • Park, Hong-Geuk;Lee, Dong-Choon;Kim, Heung-Geun
    • Journal of Power Electronics
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    • v.8 no.2
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    • pp.156-162
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    • 2008
  • This paper proposes a low-cost power converter for micro wind turbine systems using permanent magnet synchronous generators (PMSG). The proposed converter consists of a two-leg three-phase PWM inverter for the generator control and a single-phase half-bridge PWM converter which is connected to the utility grid. For the two separate DC-link voltages, a balancing control is added and the adverse effect of the DC-link voltage ripples on the inverter output voltage is compensated. The control performance of the proposed converter topology for the micro wind turbine system is shown by the simulation results using PSIM software.

Utilitarian Value and its Effect on Continuance Intention in Smartphone-based Mobile Commerce (스마트폰 기반 모바일상거래의 실용적가치와 지속이용의도)

  • Choi, Su-Jeong
    • The Journal of Information Systems
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    • v.25 no.3
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    • pp.31-60
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    • 2016
  • Purpose In 2016, the market size of mobile(m-) shopping goes beyeond more than half of a total of online shopping. People use smartphones as the main device for m-commerce. Under the circmustances, this study attempts to address why people prefer to use smartphone-based m-commerce. In other words, it is necessary to understand the main value that smartphone-based m-commerce creates. Drawing on the studies of consumption value, this study focuses on utilitarian value in predicting customers' continuance intention in the context of smartphone-based m-commerce, recognizing that utilitarian value is a key extrinsic motivation in the goal-oriented, performance-oriented shopping contexts. Furthermore, this study identifies factors affecting customers' utilitarian value from the perspective of benefits and costs, following the notion that it represents the result of evaluating a trade-off of benefits and costs caused by smartphone-based m commerce. More specifically, in this study, ubiquitous service, location-based service (LBS), transaction speed, and price utility belong to the benefit dimension, whereas technology anxiety and cognitive effort belong to the cost dimension. Design/methodology/approach To test the proposed hypotheses, the study conducted partial least squares (PLS) analysis with a total of 294 data collected on users with experience in smartphone-based m-commerce. Findings The results show that first, utilitarian value is increased by the benefits, such as ubiquitous service, transaction speed, and price utility. However, LBS has no direct effect on utilitarian value. Second, the noteworthy finding is that ubiquitous service and LBS greatly increase transaction speed. Third, technology anxiety and cognitive effort considered as the cost dimension are negatively associated with utilitarian value but their impacts on it are non-significant. Finally, the results support the argument that utilitarian value is a determinant of continuance intention. Overall, the findings imply that utilitarian value greatly depends on the peception on benefits rather than the aspect of cost in smartphone-based m-commerce. Overall, the findings offer new insight into the studies of m-commerce by considering and verifying the impacts of its benefits and costs simultaneously.

Downsizing and Price Increases in Response to Increasing Input Cost (제조비용 증가에 대한 대응 전략으로서 제품 크기 축소와 가격 인상의 비교 연구)

  • Kang, Yeong Seon;Kang, Hyunmo
    • Korean Management Science Review
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    • v.32 no.1
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    • pp.83-100
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    • 2015
  • We analyze a duopoly competition when two firms face input cost increases. The objective of this study is to determine the firms' optimal strategy between a price increase and downsizing under conditions of a spatially differentiated market and consumers' diminishing utility on the product size. We develop a theoretical model of two competing firms offering homogenous products using the standard Hotelling model to determine how firms' optimal strategies change when facing input cost increases. In this paper, there are two types of duopoly competitions: symmetric and asymmetric. In the symmetric case, the two firms have the same marginal cost and are producing and selling identical products. In the asymmetric case, the two firms have different marginal costs. The results show that the optimal strategy decision depends on the size of the input cost increase and the cost differences between the two firms. We find that when two firms are asymmetric (i.e., they have different marginal costs), the two firms might choose asymmetric pairs of strategies in equilibrium under certain conditions. When the cost differences between the two firms are sufficiently large and the cost increase is sufficiently small, the cost leader chooses price increase, and the cost-disadvantaged firm chooses downsizing in equilibrium. This asymmetric strategy reduces price competition between two firms, and consumers are better off. When the cost differences between the two firms are sufficiently large, downsizing is the dominant strategy for the cost-disadvantaged firm. The cost-disadvantaged firm finds it more profitable to reduce the product size than to increase its price to reduce price competition, because consumers prefer downsizing to price increases. This paper might be a good starting point for further analytical research in this area.

Health Economics Evaluation of a Gastric Cancer Early Detection and Treatment Program in China

  • Li, Dan;Yuan, Yuan;Sun, Li-Ping;Fang, Xue;Zhou, Bao-Sen
    • Asian Pacific Journal of Cancer Prevention
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    • v.15 no.13
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    • pp.5133-5136
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    • 2014
  • Objective: To use health economics methodology to assess the screening program on gastric cancer in Zhuanghe, China, so as to provide the basis for health decision on expanding the program of early detection and treatment. Materials and Methods: The expense of an early detection and treatment program for gastric cancer in patients found by screening, and also costs of traditional treatment in a hospital of Zhuanghe were assessed. Three major techniques of medical economics, namely cost-effective analysis (CEA), cost-benefit analysis (CBA) and cost-utility analysis (CUA), were used to assess the screening program. Results: Results from CEA showed that investing every 25, 235 Yuan on screening program in Zhuanghe area, one gastric cancer patient could be saved. Data from CUA showed that it was cost 1, 370 Yuan per QALY saved. Results from CBA showed that: the total cost was 1,945,206 Yuan with a benefit as 8,669,709 Yuan and an CBR of 4.46. Conclusions: The early detection and treatment program of gastric cancer appears economic and society-beneficial. We suggest that it should be carry out in more high risk areas for gastric cancer.

Economic Analysis on PV/Diesel Power System for Remote Islands' Electrification (도서용 태양광/내연기관 발전시스템 경제성 비교 분석)

  • Lee, M.G.;Jeong, M.W.;Jin, Y.T.
    • Solar Energy
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    • v.18 no.3
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    • pp.147-151
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    • 1998
  • Several PV-diesel hybrid systems were built in isolated islands in Korea, where they are far from the inland to be supplied the electric power to a utility level from it. A lot of efforts has been concentrated to find a cost-effective electric supply system with higher reliability and minimum maintenance when compared with a diesel generator. For this purpose, an autonomous PV-diesel hybrid system with multi-channel remote monitoring system was investigated to supply electric power under minimum operating cost and maintenance in a small isolated island. In this report, the economic analysis was performed for comparison with photovoltaic system and diesel generator by computer simulation. And it was proven that a PV system is more cost-effective than an internal combustion engine for the remote island with less than 150 households. Especially, in the case of islands with less than 50 households, the initial construction cost of the PV system is comparable to and its operating cost is about 70% less than the diesel generator.

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An Optimization Study on the Radiation Management in Nuclear Power Plants (원자력 발전소 방사선 관리의 최적화에 관한 연구)

  • Song, Jong-Soon
    • Journal of Radiation Protection and Research
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    • v.18 no.1
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    • pp.71-82
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    • 1993
  • It is a fundamental element of the nuclear power plant operation to assess exactly the occupational radiation exposure. And, according to recently published ICRP 60 recommendation, it is needed to reduce individual radiaton exposure limit further. In this paper, an optimization techique was suggested for selection of alternatives for reducing occupational radiation exposure, and used in reviewing alternatives given by a plant utility. After the basic analysis, sensitivity analysis was performed to consider the variabilities of the economic variables. From the result, it was found that an option using steam generator nozzle dam and torquing machine was the best with respect to total benefits, and in case of multi-attribute utility analysis, an option using Co-No seal had the highest utility. Therefore, it was necessary to apply more than one technique togeter in optimization study and to consider qualitative factor, too.

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A Novel Power Frequency Changer Based on Utility AC Connected Half-Bridge One Stage High Frequency AC Conversion Principle

  • Saha Bishwajit;Koh Kang-Hoon;Kwon Soon-Kurl;Lee Hyun-Woo;Nakaoka Mutsuo
    • Proceedings of the KIPE Conference
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    • 2006.06a
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    • pp.203-205
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    • 2006
  • This paper presents a novel soft-switching PWM utility frequency AC to high frequency AC power conversion circuit incorporating boost-half-bridge inverter topology, which is more suitable and acceptable for cost effective consumer induction heating applications. The operating principle and the operation modes are presented using the switching mode and the operating voltage and current waveforms. The performances of this high-frequency inverter using the latest IGBTs are illustrated, which includes high frequency power regulation and actual efficiency characteristics based on zero voltage soft switching (ZVS) operation ranges and the power dissipation as compared with those of the previously developed high-frequency inverter. In addition, a dual mode control scheme of this high frequency inverter based on asymmetrical pulse width modulation (PWM) and pulse density modulation (PDM) control scheme is discussed in this paper in order to extend the soft switching operation ranges and to improve the power conversion efficiency at the low power settings. The power converter practical effectiveness is substantially proved based on experimental results from practical design example.

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A Novel Utility AC Frequency to High Frequency AC Power Converter with Boosted Half-Bridge Single Stage Circuit Arrangement

  • Saha, Bishwajit;Kwon, Soon-Kurl;Koh, Hee-Seog;Lee, Hyun-Woo;Nakaoka, Mutsuo
    • Proceedings of the Korean Institute of IIIuminating and Electrical Installation Engineers Conference
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    • 2006.05a
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    • pp.387-390
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    • 2006
  • This paper presents a novel soft-switching PWM utility frequency AC to high frequency AC power conversion circuit Incorporating boost-half-bridge inverter topology, which is more suitable and acceptable for cost effective consumer induction heating applications. The operating principle and the operation modes are presented using the switching mode and the operating voltage and current waveforms. The performances of this high-frequency inverter using the latest IGBTs are illustrated, which includes high frequency power regulation and actual efficiency characteristics based on zero voltage soft switching (ZVS) operation ranges and the power dissipation as compared with those of the previously developed high-frequency inverter. In addition, a dual mode control scheme of this high frequency inverter based on asymmetrical pulse width modulation (PWM) and pulse density modulation (PDM) control scheme is discussed in this paper in order to extend the soft switching operation ranges and to improve the power conversion efficiency at the low power settings. The power converter practical effectiveness is substantially proved based on experimental results from practical design example.

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Decision technique for accommodation facilities of multi-utility tunnel in basic planning phase (기본 계획 단계에서의 공동구 수용시설물 결정 기법)

  • Oh, Won-Joon;Jin, Kyu-Nam;Kang, Yeong-Ku;Cho, Choong-Yeun;Sim, Young-Jong
    • Journal of Korean Tunnelling and Underground Space Association
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    • v.21 no.1
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    • pp.79-92
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    • 2019
  • In this paper, we propose a method to determine whether to install the accommodation facility of the multi-utility tunnel more effectively in the basic planning phase, and to set up an evaluation system to determine the configuration and kind of accommodation facility. For the configuration of the accommodation facility, 98 alternatives were analyzed for 7 accommodation facility. For the evaluation system of the accommodation facility, index related to feasibility and economic in basic planning phase were selected. The evaluation system classified as spatial, effective, and cost evaluation was presented reflecting the selected index, and AHP analysis was performed for weight setting. The results of this study will be helpful for users including designers to shorten the time and increase the efficiency in the process of determining accommodation facility of the multi-utility tunnel in basic planning phase.