• Title/Summary/Keyword: economic plant

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Techno-Economic Study on Non-Capture CO2 Utilization Technology

  • Lee, Ji Hyun;Lee, Dong Woog;Kwak, No-Sang;Lee, Jung Hyun;Shim, Jae-Goo
    • KEPCO Journal on Electric Power and Energy
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    • v.2 no.1
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    • pp.109-113
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    • 2016
  • Techno-economic evaluation of Non-Capture $CO_2$ Utilization (NCCU) technology for the production of high-value-added products using greenhouse gas ($CO_2$) was performed. The general scheme of NCCU process is composed of $CO_2$ carbonation and brine electrolysis process. Through a carbonation reaction with sodium hydroxide that is generated from brine electrolysis and $CO_2$ of the flue gas, it is possible to get high-value-added products such as sodium bicarbonate, sodium hydroxide, hydrogen & chloride and also to reduce the $CO_2$ emission simultaneously. For the techno-economic study on NCCU technology, continuous operation of bench-scale facility which could treat $2kgCO_2/day$ was performed. and based on the key performance data evaluated, the economic evaluation analysis targeted on the commercial chemical plant, which could treat 6 tons $CO_2$ per day, was performed using the net present value (NPV) metrics. The results showed that the net profit obtained during the whole plant operation was about 7,890 mKRW (million Korean Won) on NPV metrics and annual $CO_2$ reduction was estimated as about $2,000tCO_2$. Also it was found that the energy consumption of brine electrolysis is one of the key factors which affect the plant operation cost (ex. electricity consumption) and the net profit of the plant. Based on these results, it could be deduced that NCCU technology of this study could be one of the cost-effective $CO_2$ utilization technology options.

Economical Design of Water Level Monitoring Network for Agricultural Water Quantification (농업용수 정량화를 위한 경제적 수위계측망 설계)

  • Kim, Sun Joo;Kwon, Hyung Joong;Kim, Il Jung;Kim, Phil Shik
    • Journal of The Korean Society of Agricultural Engineers
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    • v.58 no.5
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    • pp.19-28
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    • 2016
  • This study was to design the optimal locations of the water level monitoring to quantify the agricultural water use in irrigation area supplied from an agricultural reservoir. In most of agricultural areas without TM/TC (Tele-Monitoring and Tele-Control) or monitoring network, irrigation water have been supplied on conventional experience and agricultural reservoir have been operated based on the operating simulation results by HOMWRS (Hydrological Operation Model for Water Resources System). Therefore, this study quantified the amount of agricultural water use in an irrigation area (Musu Reservoir, Jincheon-gun) by establishing water level monitoring network and analyzed the agricultural water saving effect. According to the evaluation of the economic values for water saving effect, the saving agricultural water of 1.7 million ton was analyzed to have economic values of 0.85 million won as water for living, and 1.78 million won as water for industrial use. It is identified to secure economic feasibility of the new water monitoring network by establishing one monitoring point in the entrance, irrigation area and endpoint through the economic analysis.

Comparison of International Competitive Power of Korea-Japan Plant Industry (한.일 플랜트 산업의 국제 경쟁력 비교)

  • 신용하
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.19 no.39
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    • pp.117-128
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    • 1996
  • Plant is production unit which consists of hardware for manufacturing like machinery, equipments and software for its installation like design, construction, supervision, engineering, know-how and trial operation. In the view of this, plant industry can be defined as an aggregation of manufacturers and sellers of plant. In this study, I would like to present the direction of cooperation for mutual benefit of Korea-Japan by understanding international competitive power of both countries' plant industry, which is not only growing as a national strategic industry, but also occupying the most important part in international economic cooperation.

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A Study of Field Construction Process Analysis and Economic evaluation of Ready-mixed Shotcrete (레디믹스트 숏크리트의 현장 시공프로세스 분석 및 경제성 평가)

  • Kim, Dong-Min;Ma, Sang-Joon
    • Proceedings of the Korean Geotechical Society Conference
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    • 2010.09a
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    • pp.1322-1327
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    • 2010
  • Ready-mixed shotcrete mixed with high quality materials and can be controled shotcrete quality is producted in plants and transported to construction fields, so do not need a field batch plant. In this study, the field construction system that can be applied Ready-mixed Shotcrete to construction fields was proposed, and the all-in-one silo that was the key component of the field construction system was design. It was performed to evaluate the constructability that the field construction process analysis in case of applying a field batch plant and the all-in-one silo, the cost analysis of the material production and transport in a road tunnel was also performed to evaluate the economic feasibility of Ready-mixed shotcret.

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Economic Evaluation of Power Grid Interconnection between Offshore Wind Power Plants (해상풍력발전단지 간의 전력계통 연계에 관한 경제성 분석 연구)

  • Moon, Won-Sik;Jo, Ara;Kim, Jae-Chul
    • The Transactions of the Korean Institute of Electrical Engineers P
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    • v.63 no.4
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    • pp.339-344
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    • 2014
  • An offshore wind power plant (WPP) is very expensive and different from an onshore wind power system in many ways. There has been a continuous increase in the capacity of the offshore WPPs. Therefore it is essential to analyze the feasibility and reliability of the offshore wind power to optimize their redundancy. Besides, it is very important to study a planning for grid interconnection of adjacent offshore WPPs. This paper proposes a economic evaluation method to interconnect with adjacent offshore substations in offshore wind power grid. Also, we suggest the probabilistic reliability method to calculate a probabilistic power output of the wind turbine and a cost of the expected energy not supplied that is used as the reliability index of the power system.

Techno-economic Analysis(TEA) on Hybrid Process for Hydrogen Production Combined with Biomass Gasification Using Oxygen Released from the Water Electrolysis Based on Renewable Energy (재생에너지기반 수전해 생산 수소와 바이오매스 가스화 하이브리드 공정의 기술 경제성 분석)

  • Park, Sungho;Ryu, JuYeol;Sohn, Geun
    • Journal of the Korean Institute of Gas
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    • v.24 no.5
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    • pp.65-73
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    • 2020
  • To reduce the hydrogen production cost through the utilizing the oxygen and improving the capacity factor of water electrolysis used to energy storage of renewable energy, the hybrid hydrogen production process which has dual operating concept of using the water electrolysis as energy storage and oxygen production process for biomass gasification was proposed. Moreover, Techno-economic analysis on this system was quantitatively performed.

Optimal Design of Batch-Storage Network (회분식 공정-저장조 그물망 구조의 최적설계)

  • 이경범;이의수
    • Journal of Institute of Control, Robotics and Systems
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    • v.4 no.6
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    • pp.802-810
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    • 1998
  • The purpose of this study is to find the analytic solution of determining the optimal capacity of processes and storages to meet the product demand. Recent trend to reduce product delivery time and to provide high quality product to customer requires the increasing capacity of storage facilities. However, the cost of constructing and operating storage facilities is becoming substantial because of increasing land value, environmental and safety concern. Therefore, reasonable decision making about the capacity of processes and storages is important subject for industries. The industrial solution for this subject is to use the classical economic lot sizing method, EOQ(Economic Order Quantity) model, trimmed with practical experience but the unrealistic assumption of EOQ model is not suitable for the chemical plant design with highly interlinked processes and storages. This study, a first systematic attempt for this subject, clearly overcomes the limitation of classical lot sizing method. The superstructure of the plant consists of the network of serially and/or parallelly interlinked processes and storages. A novel production and inventory analysis method, PSW(Periodic Square Wave) model, is applied. The objective function of optimization is minimizing the total cost composed of setup and inventory holding cost. The advantage of PSW model comes from the fact that the model provide a set of simple analytic solution in spite of realistic description of material flow between process and storage. The resulting simple analytic solution can greatly enhance the proper and quick investment decision for the preliminary plant design confronting diverse economic situation.

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Development of Techno-Economic Evaluation Model for CCS (Carbon Capture & Sequestration) (CCS (Carbon Capture & Sequestration) 기술·경제성 평가 분석)

  • Lee, Ji Hyun;Kwak, No-Sang;Lee, Dong Woog;Shim, Jae-Goo;Lee, Jung Hyun
    • Journal of Climate Change Research
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    • v.7 no.2
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    • pp.111-120
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    • 2016
  • In this study, Techno-economic evaluation model for carbon capture & sequestration (CCS) technologies are reviewed. Based on a key parameters of Korea's electricity market, performance data of 10 MW-scale post-combustion $CO_2$ capture pilot plant in Boryong station, the cost of $CO_2$ avoided was evaluated followed by international guideline suggested by IEA CCS costing methods task force. The result showed that Korea's Electricity cost including CAPEX & OPEX of reference power plant is relatively low compared to OECD nations which lead to a lower CCS cost ($33USD\;t/CO_2$). And future work using newly evaluated CAPEX & OPEX data of power plant with/without CCS is recommended.

Economic Feasibility Study for Providing Co-generation System in various Type of Apartment Complexes (아파트단지의 특성에 따른 열병합발전도입의 경제성 비교연구)

  • Gi, Woo-Bong;Kim, Gwang-Ho;Lim, Hee-Jin;Yoon, Kyung-Shick;Jang, Hyuk-Bong;Kim, Dong-Hwan
    • New & Renewable Energy
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    • v.3 no.1 s.9
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    • pp.27-37
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    • 2007
  • This study is to analyse the feasibility for providing Co-generation plant in Apartment Complex for 4 typical Apartment Complexes located Seoul metropolitan area, The selected complexes are three midium-large size Apartment[nearby 35pyoug of floor area] and one complex of small size Apartment[below 25 pyoung of floor area] for comparison. The necessary data for the study were collected with visitation of each site. The study showed very positive result for the three medium-large size Apartment Complexes of which the average floor area is more than 25 pyoungs, while negative result for the Complex of which average floor area is less than 25 pyoungs. Other than floor size it was found that the electric consumption density also influence the economic feasibility. In study the unit fixed cost of the energy produced from Co-generation plant is one third of the unit variable cost[fuel cost] and it seems better to select high thermal efficiency machine for Co-generation plant even with some higher cost of the plant.

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New Fungal diseases of Economic Resource Plants in Korea(I) (유용 자원식물의 진균성 신병해(I))

  • 신현동
    • Korean Journal Plant Pathology
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    • v.10 no.3
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    • pp.181-191
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    • 1994
  • Occurrence of diseases in economic resource plants in Korea is poorly known. This paper reports short descriptions on symptom, occurrence condition, pathogen, and some phytopathological notes for each 10 fungal plant diseases new to Korea; leaf spot of Rosa multiflora with Seimatosporium discosioides causing leaf spot and defoliation, leaf blight of Equisetum arvense with Titaeospora equiseti causing leaf spot to leaf blight, leaf blight of Setaria viridis with Phyrenochaeta setariae causing leaf spot of Aster tataricus with Septoria astericola causing leaf spot and black spot, powdery mildew of Clematis fusca var. coreana with Erysiphe ranunculi causing powdery mildew and dwarfing, powder mildew of Ligularia stenocephala with Erysiphe galeopsidis causing powdery mildew and dwarfing, powdery mildew of Phlox subulata with Erysiphe cichoracearum causing powdery mildew and defoliation tar spot of Lonicera japonica with Rhytisma lonicericola causing tar spot and dwarfing, white rust of Pharbitis nil with Albugo ipomoeae-pandulatae causing white rust and deformation, and white rust of Achyranthes japonica with Albugo achyranthis causing white rust and defoliation.

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