• Title/Summary/Keyword: cost of electricity

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A Study on the Korean Electricity Market Price and Cost/Benefit Analysis of each Generation Resource Type (전력시장에서의 시장가격예측 및 발전회사의 수익성 분석)

  • Kang, Dong-Joo;Jung, Hae-Sung;Hur, Jin;Kim, Tae-Hyun;Moon, Young-Hwan;Jung, Ku-Hyung;Kim, Bal-Ho H.
    • Proceedings of the KIEE Conference
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    • 2004.11b
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    • pp.272-274
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    • 2004
  • 양방향입찰시장(TWBP)의 도입을 위해서는 이를 위한 시장설계 및 효율적인 시장운영을 위한 다양한 분석 작업들이 요구되고 있다. 특히 시장설계의 경우, 해외 자문회사와의 협력을 통해 경쟁적 전력시장을 이미 도입하여 운영하고 있는 해외 국가들의 사례들을 포함한 많은 시장운영 기법들이 검토되고 있으며 향후 도입될 TWBP 전력시장에 적합한 방안들을 준비하고 있다. 전력을 전력시장운영규칙이 정하는 바에 따라 전력시장을 통해서만 거래하도록 규정하고 있는 우리나라의 경우, 전력시장운영규칙은 전력시장과 전력계통의 운영에 대한 모든 것을 다루게 되는 만큼 이에 대한 합리적인 설계와 적용은 효율적인 TWBP 전력시장의 기본 틀이라고 할 수 있다. 양방향입찰시장에서의 가격결정은 전력수급과 시장가격 안정화를 위해 매우 중요한 사안이다. 또한 현재 CBP시장과 다른 용량요금(CP)제도의 폐지와 기타 공급예비력확보 제도 등 도매시장설계에 있어 중요한 자료를 제공한다. 양방향입찰시장하에서 가격수준 분석을 통해 시장개설 이전에 문제점을 사전에 검토하여 문제점을 개선하고 시장규칙에 반영하여야 한다. 또한 용량요금 폐지에 따른 보완대책을 수립하여 수급불안정을 방지하고 전력시장 안정화와 성공적인 도매경쟁시장 개설을 위해 필수적이라 할 수 있다. 본 논문에서는 CBP 시장과 TWBP 시장에서의 기본적 가격예측을 위한 구조적 모델링과 일부 시나리오에 대한 결과를 소개하고자 한다.

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A Study on the Validity of Rural Type Low Carbon Green Village Through Case Analysis (사례분석을 통한 농촌형 저탄소 녹색마을 타당성 검토)

  • Do, In-Hwan;Hwang, Eun-Jin;Hong, Soo-Youl;Phae, Chae-Gun
    • Journal of Korean Society of Environmental Engineers
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    • v.33 no.12
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    • pp.913-921
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    • 2011
  • This study examined the overall feasibility of low carbon green village formed in rural area. The check method is analyzing its environmental and economic feasibility and energy self-reliance. The biomass of the villages was set as 28 ton/day of livestock feces and 2 ton/day of cut fruit tree branches which make up the total of 30 ton/day. The facility consisted of a bio gasfication facility using wet (livestock feces) biomass and combined heat power generator, composting facility and wood boiler using dry (cut fruit tree branches) biomass. When operating the system, 540,540 kWh/yr of electricity and 1,762 Gcal/yr of heat energy was produced. The region's electricity energy and heat energy self-reliance rate will be 100%. The economic feasibility was found as a loss of 140 million won where the facility installation cost is 5.04 billion won, operation cost is 485.09 million won and profit is 337.12 million won. There will be a loss of about 2.2 billion won in 15 years but in the environmental analysis, it was found that crude replacement effect is about 178 million won, greenhouse gas reduction effect is about 92 million won making up the total environmental benefit of 270 million won. This means, there will be a yearly profit of about 130 million won. In terms of its environmental and economic feasibility and energy self-reliance, this project seemed to be a feasible project in overall even if it manages to get help from the government or local government.

Economic analysis of Frequency Regulation Battery Energy Storage System for Czech combined heat & power plant (체코 열병합발전소 주파수조정용 배터리에너지저장장치 경제성 분석)

  • KIM, YuTack;Cha, DongMin;Jung, SooAn;Son, SangHak
    • Journal of Energy Engineering
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    • v.29 no.2
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    • pp.68-78
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    • 2020
  • According to the new climate change agreement, technology development to reduce greenhouse gases is actively conducted worldwide, and research on energy efficiency improvement in the field of power generation and transmission and distribution is underway [1,2]. Economic analysis of the operation method of storing and supplying surplus electricity using energy storage devices, and using energy storage devices as a frequency adjustment reserve power in regional cogeneration plants has been reported as the most profitable operation method [3-7]. Therefore, this study conducted an economic analysis for the installation of energy storage devices in the combined heat and power plant in the Czech Republic. The most important factor in evaluating the economics of battery energy storage devices is the lifespan, and the warranty life is generally 10 to 15 years, based on charging and discharging once a day. For the simulation, the ratio of battery and PCS was designed as 1: 1 and 1: 2. In general, the primary frequency control is designed as 1: 4, but considering the characteristics of the cogeneration plant, it is set at a ratio of up to 1: 2, and the capacity is simulated at 1MW to 10MW and 2MWh to 20MWh according to each ratio. Therefore, life was evaluated based on the number of cycles per year. In the case of installing a battery energy storage system in a combined heat and power plant in the Czech Republic, the payback period of 3MW / 3MWh is more favorable than 5MW / 5MWh, considering the local infrastructure and power market. It is estimated to be about 3 years or 5 years from the simple payback period considering the estimated purchase price without subsidies. If you lower the purchase price by 50%, the purchase cost is an important part of the cost for the entire lifetime, so the payback period is about half as short. It can be, but it is impossible to secure profitability through the economy at the scale of 3MWh and 5MWh. If the price of the electricity market falls by 50%, the payback period will be three years longer in P1 mode and two years longer in P2 and P3 modes.

두만강지역개발계획(RADP)에 관련된 동북아시아 지역 전력계통의 연계 및 안전성 강화방안

  • 윤갑구
    • Proceedings of the Korean Professional Engineer Association Conference
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    • 1996.12a
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    • pp.76-102
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    • 1996
  • 북한은 전력부족난과 전기품질의 저하로 인하여 주요 생산기업에 지장을 주고 있으며, 노후 발전소의 성능저하도 함께 진행되고 있는 것으로 추정된다. 이에 대한 적절한 대책이 없는 한 그 상황은 더욱 악화될 전망이다. 한반도 에너지 개발기구(KEDO)가 추진하고 있는 경수로 원자력 발전기가 6~7년 후에 준공된다고 해도 이처럼 불안정한 전력계통에 병입되어 원활한 운전이 가능할런지 기대하기 곤란하다. 이러한 실정에서 \circled1 전력부족으로 주파수가 저하될 때 우선 순위가 낮은 부하를 제한하는 자동 부하제한 방식을 포함한 자동 주파수 제어 계통개선 \circled2 기존발전소 성능과 이용을 향상을 위한 재가동(Repowering) 등의 리 엔지니어링 \circled3 가스터빈 복합화력과 열병합발전(Co-generation) 등과 같이 건설기간이 짧고 비용이 적게 들며 송전 설비 건설도 불필요한 분산형 전원의 건설 \circled4 수력발전소와 조력발전소의 건설 \circled5 양수발전 등 전력에너지 저장설비의 개발 \circled6 송전전압격상과 배전방식개선 및 종합전력정보시스템 구축 \circled7 남ㆍ북한 전력계통 내지는 동북아시아 전력계통을 연계하는 평화망사업(Peace Network Project)등의 추진이 경수로 사업에 선행되어야 한다. 특히 러시아, 중국, 한국, 일본의 발전 에너지원 분포와 년간 부하곡선을 고려할 때 동북아시아 전력계통의 연계는 관련국 상호간에 에너지 환경과 경제적 측면에서 상당한 이득과 안정성을 강화해 줄 것이며, 기술발전과 평화공존에 크게 기여 할 것이다. 이를 위하여 관련국의 전력계통연계 전문가들이 참여하는 남\ulcorner북한전력 계통연계연합회(Co-Pia ; Co-rea Power Systems Interconnection Association)와 동북아지역전력 계통연합회(Near Pia=North-Eastern Asia Region Power Systems Interconnection Association)의 구성을 제안하는 바이다. 주요용어(Key Words): 자동주파수 제어(AFC), 리엔지니어링(Re-Engineering), 분산형 전원(Dispersed Generation System), 전력저장(Power Storage), 부하조절기(Load Conditioner), 수요관리(DSM) 연계(Interconnection), 인터시스템(Intersystem), 통합자원계획(IRP), 안전성 강화(Security Enhancement), 전력시장개방(Electricity Free Maket), 통일비용(Unification Expense, Unification Cost), 남ㆍ북한전력계통연계연합회(Co-Pia), 동북아지역전력 계통연계연합회(Nea,-Pia).

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Heat Exchanging Performance as Affected by Arrangement of Heat Exchanging Pipe (열회수장치의 열교환 파이프배치 형식별 열교환 성능)

  • 윤용철;강종국;서원명
    • Journal of Bio-Environment Control
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    • v.11 no.3
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    • pp.101-107
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    • 2002
  • This study was carried out to improve the performance of heat recovery device attached to exhaust gas flue connected to combustion chamber of greenhouse heating system. Three different units were prepared far the comparison of heat recovery performance; A-type is exactly the same with the typical one fabricated for previous study of analyzing heat recovery performance in greenhouse heating system, other two types (B-type and C-type) modified from the control unit are different in the aspects of airflow direction (U-turn airflow) and pipe arrangement. The results are summarized as follows ; 1. In the case of Type-A, when considering the initial cost and current electricity fee required for system operation, it was expected that one or two years at most would be enough to return the whole cost invested. 2. Type-B and Type-C, basically different with Type-A in the aspect of airflow pattern, are not sensitive to the change of blower capacity with higher than 25m$^3$.min$^{-1}$ . Therefore, heat recovery performance was not improved so significantly with the increment of blower capacity. This was assumed to be that air flow resistance in high air capacity reduced the heat exchange rate as well. Never the less, compared with control unit, resultant heat recovery rate of Type-B and Type-C was improved by about 5% and 13%, respectively 3. Desirable blower capacity of these heat recovery units experimented were expected to be about 25m$^3$.min$^{-1}$ , and at the proper blower capacity, U-turn airflow units showed better heat recovery performance than control unit. But, without regard to the type of heat recovery unit, it was recommended that comprehensive consideration of system's physical factors such as pipe arrangement density, unit pipe length and pipe thickness, etc., was required for the optimization of heat recovery system in the aspects of not only energy conservation but economic system design.

Economic and Environmental Assessment of a Renewable Stand-Alone Energy Supply System Using Multi-objective Optimization (다목적 최적화 기법을 이용한 신재생에너지 기반 자립 에너지공급 시스템 설계 및 평가)

  • Lee, Dohyun;Han, Seulki;Kim, Jiyong
    • Korean Chemical Engineering Research
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    • v.55 no.3
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    • pp.332-340
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    • 2017
  • This study aims to propose a new optimization-based approach for design and analysis of the stand-alone hybrid energy supply system using renewable energy sources (RES). In the energy supply system, we include multiple energy production technologies such as Photovoltaics (PV), Wind turbine, and fossil-fuel-based AC generator along with different types of energy storage and conversion technologies such as battery and inverter. We then select six different regions of Korea to represent various characteristics of different RES potentials and demand profiles. We finally designed and analyzed the optimal RES stand-alone energy supply system in the selected regions using multiobjective optimization (MOOP) technique, which includes two objective functions: the minimum cost and the minimum $CO_2$ emission. In addition, we discussed the feasibility and expecting benefits of the systems by comparing to conventional systems of Korea. As a result, the region of the highest RES potential showed the possibility to remarkably reduce $CO_2$ emissions compared to the conventional system. Besides, the levelized cost of electricity (LCOE) of the RES-based energy system is identified to be slightly higher than conventional energy system: 0.35 and 0.46 $/kWh, respectively. However, the total life-cycle emission of $CO_2$ ($LCE_{CO2}$) can be reduced up to 470 g$CO_2$/kWh from 490 g$CO_2$/kWh of the conventional systems.

Economic Feasibility of Using Forest Biomass as a Local Energy Source (산림바이오매스의 지역 에너지 이용의 경제성 분석)

  • Min, Kyungtaek;An, Hyunjin;Byun, Seungyeon
    • Journal of Korean Society of Forest Science
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    • v.111 no.1
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    • pp.177-185
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    • 2022
  • In this study, the economic feasibility of a local energy facility that uses forest biomass as an energy source was assessed. We analyzed profitability using data from the Forest Energy Self-sufficient Village Project financed by the Korea Forest Service. The energy facility has a cogeneration generator and wood chip boiler. Wood chip, which has lower heat value and is cheaper than wood pellets, is used as fuel. Revenue comes from the sale of electricity, heat, and renewable energy certificates. Additionally, we considered the sale of carbon credits as substitutes for fossil fuels. The expenditure consists of fuel costs and fixed costs, and the initial investment is treated as a sunk cost. Under the condition of a 55% operation rate and wood chip price of 95,000 KRW per ton, the annual net revenue is positive. Crucial factors for managing the facility sustainably are operation rate and fuel cost. A simulation in which two factors were changed showed that the annual net revenue is negative with a 50% operation rate and 100,000 KRW per ton of wood chip price. To improve net revenue, an increase in the operation rate or a decrease in the wood chip price is required. Additionally, selling carbon credits will make the operation of the facility more profitable. Furthermore, the payment required to procure wood chips could contribute to the rural economy. To foster the use of forest biomass for energy, the price for heat supplied from renewable energy sources should be subsidized.

An Analysis of Best Practices for Efficient Utility Relocation and an Inquiry into the Applicability of SUE (효율적인 지하지장물 이설을 위한 모범사례분석 및 SUE 적용에 관한 연구)

  • Lee, Seung-Hyun;Baek, Seung-Ho;Tae, Yong-Ho;Ahn, Bang-Ryul;Park, Hyeon-Yong
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2007.11a
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    • pp.971-976
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    • 2007
  • In the U.S., utility damages or utility delay caused by conflicts during the underground utility relocation is one of the weighty problem in the construction industry. Also, in domestic case, delay and additional cost caused by underground utility(i.e, electricity, communication, gas, water supply and sewerage) relocation has been happened so that there is an increase of claims for responsibility between owners and contractors. However, there is insufficient survey for the recent circumstance of additional cost for delay and design changes caused by utility relocation and shortage of enough research for solving and analyzing of causes and their ripple effect. This research presents a result of the study about the best practices of FHWA(Federal Highway Administration), SHAs(State Highway Agencies) and the utility companies managing utility relocation. Also, it presents the basic concept of SUE(Subsurface Utility Engineering), the most reliable tool of FHWA presented, and investigates the developing status about SUE in Korea. At the end of this paper, this research proposes a practical and more applicable study about the efficient utility relocation focusing on local industry.

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On Slimming down the Functions Room of Light Rail Transit Stations by Utilizing an Enhanced DSM Method (개선된 DSM 기법을 통한 경전철 정거장 기능실의 슬림화에 관한 연구)

  • Kim, Joo-Uk;Park, Kee-Jun;Kim, Young-Min;Lee, Jae-Chon
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.16 no.2
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    • pp.927-939
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    • 2015
  • It appears that the rapid advance in technology has allowed to broaden the variety of rail systems technology, thereby fostering new business opportunity in rail industry. The direction of rail systems operations is mainly two fold. In one direction, long distance operations between mega cities are pursued with help of high speed trains under development. In the other case, relatively short distance operations for covering intra-city or suburban area are becoming popular. A good example of the latter case is light rail transit (LRT) systems. Due to the short distance operation, it is thus expected that both the development and operation cost for LRT systems be reduced to some extent. The cost reduction desired in there can be gained by scaling down the sizes of both the trains and stations as compared to those of normal rail systems. However, it is not well known how the LRT stations can be scaled down. The objective of this paper is to study on how to slim down the stations (particularly, the functions room) of LRT systems. To achieve the objective, an approach is studied based on a modified method of design structure matrix (DSM). Specifically, using the enhanced DSM method, an integrated architecture is developed for the functions room, in which equipments are housed to perform the functions of electricity, signaling, and communication for LRT stations. The use of the result indicates that the desired reduction can be obtained with the approach taken in the paper.

The Effects of Renewable Energy in Agricultural Sector (농업분야 신재생에너지 보급현황 및 파급효과 분석)

  • Park, Jiyun;Kim, Yeonjoong
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.20 no.1
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    • pp.224-235
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    • 2019
  • The increase in the amount of energy used in the agricultural sector due to the expansion of agricultural machinery and greenhouse horticulture has caused a range of problems, such as an increase in the cost of input, such as heating costs and greenhouse gas emission. To overcome these problems, this study examined the current status of energy use in greenhouse horticulture as well as the change patterns of non-taxable oil and agricultural electricity, and reviewed the current status of the supply of renewable energy and energy saving facilities for agriculture. This study investigated the area of advanced and renewable energy and energy saving facilities implemented, applied the energy saving ratio of advanced and renewable energy and energy saving facilities, and determined the effects of renewable energy in the agricultural sector, such as increase in production, decrease in heating cost, reduction in Government financial expenditure, reduction in greenhouse gas emission, and oil substitution effect.