• Title/Summary/Keyword: carbon-zero

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Analysis of Levelized Cost of Hydrogen and Financial Performance Risk by CCU System (CCU 시스템을 통한 균등화 수소원가 및 재무적 위험도 분석)

  • MINHEE SON;HEUNGKOO LEE;KYUNG NAM KIM
    • Journal of Hydrogen and New Energy
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    • v.33 no.6
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    • pp.660-673
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    • 2022
  • In achieving carbon neutrality and the hydrogen economy, the estimation of H2 cost is critical in terms of CCU technologies. This study analyzes LCOH of hydrogen produced by the carbon utilization unit with methane reforming and CO2 from thermal power plant. LCOH for H2 made with CO is estimated in three ways of Joint Cost Allocations with financial performance risk assessment. Regarding cost analysis, the zero value of LCOH is $6,003/ton. We found that the CCU technology has economic feasibility in terms of profitability. The sensitivity analysis result shows that the input ratio is more influential to the LCOH than other variables. Risk analysis presents the baseline price of zero value of LCOH - $8,408/ton, which is higher than the cost analysis - $6,003/ton. Mainly, the price variability of natural gas primarily affects the LCOH. The study has significant value in analyzing the financial performance risks as well as the cost of H2 produced by a Plasma-based CCU system.

A study on the carbon trading and maritime finance ecosystem for the maritime industry in the era of sustainability transition (지속가능전환 시기를 맞은 해양산업의 탄소거래 및 해양금융 생태계 구축 연구)

  • Ahn, Soon-Goo;Yun, Hee-Sung
    • Journal of Korea Port Economic Association
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    • v.39 no.4
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    • pp.107-125
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    • 2023
  • The pace of sustainability transition within the maritime industry has been accelerating. This shift primarily necessitates changes in the industry's heavy reliance on fossil fuel-driven ecosystems. Additionally, numerous sustainability laws and regulations, such as the EU's CBAM and IMO's EEXI, have been implemented. This transition is poised to amplify the competitive edge of firms equipped with greater resources, as it introduces substantial operational burdens due to expensive eco-friendly fuel adoption and regulatory compliance. To diverge from the traditional competitive landscape, this paper aims to explore innovative maritime finance models enabling domestic firms to gain competitive advantages on a global scale. Employing analogical reasoning and modeling as a research method, this paper demonstrates that maritime firms can leverage the sustainability transition by aligning sustainable maritime operations with ETS (Emission Trading Schemes). Expanding on this novel approach, the paper delves into potential connections between CCM (Compliance Carbon Market), VCM (Voluntary Carbon Market), and digital asset exchanges. This newly proposed digital/net-zero maritime ecosystem holds the potential to significantly impact the shipping, shipbuilding, and ship finance industries, positioning Busan as a sustainable maritime finance hub. This study holds significance as pioneering research that may stimulate subsequent case-based studies and offer strategic guidance to market participants and policymakers as the maritime industry moves towards a net-zero transition

Analysis of environmental benefit of wood waste recycling processes (폐목재 자원화 방법 환경편익 분석)

  • Kim, Mi Hyung;Hong, Soo Youl;Phae, Chae Gun;Koo, Ja Kong
    • Journal of the Korea Organic Resources Recycling Association
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    • v.20 no.2
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    • pp.15-19
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    • 2012
  • Wood wastes could be renewable resources by recycling as particleboard manufacturing or energy production. Particle board is the most common item of wood waste recycling and energy production from wood wastes has highlighted for energy recovery to reduce greenhouse gas generation in recent years. The aim of this study was to evaluate the environmental benefits of the processes for particle board manufacturing and energy production. The functional unit was one ton of wood wastes and the environmental impact was analyzed by life cycle assessment methodology. The result was that 112kg of carbon dioxide equivalent was produced from particle board manufacturing process and 382kg of carbon dioxide equivalent was produced from combined heat and power generation process. The concept of temporary biomass carbon storage was to applied to this study.

Evaluation of Flow Accelerated Corrosion of Carbon Steel with Rotating Cylinder (Rotating cylinder를 이용한 탄소강의 유동가속부식 평가)

  • Park, Tae Jun;Lee, Eun Hee;Kim, Kyung Mo;Kim, Hong Pyo
    • Corrosion Science and Technology
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    • v.11 no.6
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    • pp.257-262
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    • 2012
  • Flow accelerated corrosion (FAC) of the carbon steel piping in nuclear power plants (NPPs) has been major issue in nuclear industry. Rotating cylinder FAC test facility was designed and fabricated and then performance of the facility was evaluated. The facility is very simple in design and economic in fabrication and can be used in material and chemistry screening test. The facility is equipped with on line monitoring of pH, conductivity, dissolved oxygen(DO), and temperature. Fluid velocity is controlled with rotating speed of the cylinder with a test specimen. FAC test of SA106 Gr. B carbon steel under 4 m/s flow velocity was performed with the rotating cylinder at DO concentration of less than 1 ppb and of 1.3 ppm. Also a corrosion test of the carbon steel at static condition, that is at zero fluid velocity, of test specimen and solution was performed at pH from 8 to 10 for comparison with the FAC data. For corrosion test in static condition, the amount of non adherent corrosion product was almost constant at pH ranging from 8 to 10. But adherent corrosion product decreased with increasing pH. This trend is consistent with decrease of Fe solubility with an increase in pH. For FAC test with rotating cylinder FAC test facility, the amount of non adherent corrosion product was also almost same for both DO concentrations. The rotating cylinder FAC test facility will be further improved by redesigning rotating cylinder and FAC specimen geometry for future work.

A Study for Analysis of Micro Heat Grid Configuration and Deduction of Optimal Size in Hydrogen Cities (수소도시 내 마이크로 히트그리드 구성 방안 및 최적 규모 산정 연구)

  • JONGJUN LEE;SEUL-YE LIM;KYOUNG A SHIN;NAMWOONG KIM;DO HYEONG KIM;CHEOL GYU PARK
    • Journal of Hydrogen and New Energy
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    • v.33 no.6
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    • pp.845-855
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    • 2022
  • In response to climate change, the world is continuing efforts to reduce fossil fuels, expand renewable energy, and improve energy efficiency with the goal of achieving carbon neutrality. In particular, R&D is being made on the value chain covering the entire cycle of hydrogen production, storage, transportation, and utilization in order to shift the energy supply system to focus on hydrogen energy. Hydrogen-based energy sources can produce heat and electricity at the same time, so it is possible to utilize heat energy, which can increase overall efficiency. In this study, calculation of the optimal scale for hydrogen-based cogeneration and the composition of heat sources were reviewed. It refers to a method of the optimal heat source size according to the external heat supply and heat storage to be considered. The results of this study can be used as basic data for establishing a hydrogen-based energy supply model in the future.

Adsorption of heavy metal ions onto a surface treated with granular activated carbon and activated carbon fibers (표면 처리에 따른 입상활성탄 및 활성탄소섬유의 중금속 흡착)

  • Kang, Kwang Cheol;Kwon, Soo Han;Kim, Seung Soo;Choi, Jong Won;Chun, Kwan Sik
    • Analytical Science and Technology
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    • v.19 no.4
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    • pp.285-289
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    • 2006
  • In this study, the effect of an acidic treatment on granular activated carbon (GAC) and activated carbon fibers (ACF) was investigated for a $Pb^{2+}$ and $Ni^{2+}$ ion adsorption. 1.0 M nitric acid solution was used as the acid solution for the surface treatment. Surface properties of the GAC and ACF were characterized by the pH, elemental analysis and pHpzc (pH of the point of zero charge). Their specific surface area and the pore structure were also evaluated by the nitrogen adsorption data at 77K. As a result, the acidic treatment led to an increase of the oxygen-containing functional groups. Furthermore, the adsorption capacity of the acid-treated GAC and ACF was improved in the order of acidic-ACF > untreated-ACF > acidic-GAC > untreated-GAC, though the decrease in specific surface area induced by a pore blocking of the functional groups was observed.

Economic Comparison of Various Turquoise Hydrogen Production Processes (다양한 청록수소 생산 공정에 대한 경제성 분석)

  • SOOYONG LEE;VAN-TIEN GIAP;MUJAHID NASEEM;JONGHWAN KIM;YOUNG DUK LEE
    • Journal of Hydrogen and New Energy
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    • v.34 no.3
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    • pp.256-266
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    • 2023
  • Hydrogen production can be classified based on the energy source, primary reactor type, and whether or not it emits carbon dioxide. Utilizing color representation proves to be an effective means of expressing these distinctive characteristics. Among the various clean hydrogen production techniques, there has been a growing interest in turquoise hydrogen production, which involves the decomposition of methane or other fossil fuels. This method offers advantages in terms of large-scale production and cost reduction through the sale of solid-carbon byproduct. In this study, an extensive literature review was conducted to select and analyze several promising candidates for turquoise hydrogen production processes. The efficiency and economics of these processes were evaluated using stream data reported in the literature sources. The findings indicate that the levelized cost of hydrogen production (LCOH) is significantly influenced by the sales of byproducts, specifically the solid-carbon and carbon monoxide byproducts.

Exploring a zero food waste system for sustainable residential buildings in urban areas

  • Oh, Jeongik;Lee, Hyunjeong
    • Environmental Engineering Research
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    • v.23 no.1
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    • pp.46-53
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    • 2018
  • This study explores the environmentally innovative and low-impact technology, a zero food waste system (ZFWS) that utilizes food waste and converts it into composts or biofuels and curtails carbon emissions. The ZFWS not just achieves food waste reductions but recycles food waste into fertilizer. Based on a fermentation-extinction technique using bio wood chips, the ZFWS was employed in a field experiment of the system installed in a large-scale apartment complex, and the performance of the system was examined. The on-site ZFWS consisted of three primary parts: 1) a food waste slot into which food waste was injected; 2) a fermentation-extinction reactor where food waste was mixed with bio wood chips made up of complex enzyme and aseptic wood chips; and 3) deodorization equipment in which an ultraviolet and ozone photolysis method was employed. The field experiment showed that food waste injected into the ZFWS was reduced by 94%. Overall microbial activity of the food waste in the fermentation-extinction reactor was measured using adenosine tri-phosphate (ATP), and the degradation rate of organic compounds, referred to as volatile solids, increased with ATP concentration. The by-products generated from ZFWS comply with the national standard for organic fertilizer.

A Study on Improvement for Greenship Certification Scheme to Achieve Net-Zero (탄소중립을 위한 친환경선박 인증제도의 개선방향에 관한 연구)

  • Junkeon, Ahn
    • Journal of the Society of Naval Architects of Korea
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    • v.59 no.6
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    • pp.372-384
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    • 2022
  • Total shipping accounts for 2.9 % of the annual average percentage of global anthropogenic GHG emissions. The International Maritime Organization implements EEDI (Energy Efficiency Design Index), Energy Efficiency eXisting-ship Index (EEXI), and Carbon Intensity Indicator (CII) as regulatory frameworks for shipping decarbonization. The Republic of Korea has enforced the Act on Development and Popularization of Greenship from 2020 and publicly announced the 1st national plan which was named 『2030 Greenship-K Promotion Strategy』 for the activation of a greenship market. The Greenship Certification Scheme is going on for the sustainability of Korean shipbuilding and shipping industries, to secure clean maritime environments, as well as to contribute to the national economy. Greenship Certification guarantees the credit of such eco-friendly technologies and products for shipping. The certification is going to be the basis of industrial competitiveness in coastal and international shipping. This study investigates an existing certification process, identifies the limitations, and proposes the process improved with several case studies. The improved certification scheme may have rationality for Net-zero with regard to climate alignment.

Changes in Carbon Stocks of Coarse Woody Debris in National Forest Inventories: Focus on Gangwon Province (국가산림자원조사 자료를 활용한 고사목의 탄소저장량 변화: 강원도를 대상으로)

  • Moon, Ga Hyun;Yim, Jong Su
    • Journal of Korean Society of Forest Science
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    • v.110 no.2
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    • pp.233-243
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    • 2021
  • Considering worldwide efforts to mitigate repercussions of climate change, the South Korean government has declared to reach net zero by 2050 to achieve a carbon-neutral sustainable society. For full implementation of NDCs, the government has actively reflected its forestry sector into these strategies. Since coarse woody debris (CWD) in forests represents an enduring carbon storage, it is of particular significance to determine characteristics of changes in carbon stocks of CWD by utilizing data on dead trees monitored in permanent sample plots within national forest inventories (NFIs). In this study, therefore, both occurrence and carbon stocks of CWD were estimated in such plots using data on CWD from the 5th, 6th, and 7th NFIs. Subsequently, characteristics of changes in carbon stocks over time were analyzed. Based on the analysis of 2,021 plots available for monitoring in each NFI of Gangwon Province, the volume of CWD (m3 ha-1) was found to be 4.71 in the 5th NFI and 4.09 in the 6th NFI. However, the volume of CWD declined to 3.09 in the 7th NFI. Moreover, the annual carbon stocks of CWD (ton C ha-1) were estimated to be 0.67 in 2009, 0.64 in 2014, and 0.41 in 2019, showing a downward trend over time. This study provides a basis for future research to investigate long-term changes and estimate carbon stocks of CWD in South Korea forests.