• Title/Summary/Keyword: nuclear market

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A Study on Recalculating Nuclear Energy Generation Cost Considering Several External Costs

  • Kim, Hyun-Jung;Yee, Eric
    • Journal of Power System Engineering
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    • v.22 no.6
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    • pp.5-10
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    • 2018
  • Nuclear energy issues such as safety and social acceptance can not only influence the production costs of generating nuclear power, but also the external costs that are not reflected in market prices. Consequently, the social issues affiliated with nuclear power, beyond a severe accident, require some form of financial expense. The external social issues considered here are accident risk and realization, regulatory costs, and nuclear energy policy costs. Through several calculations and analyses of these external costs for nuclear power generation, it is concluded that these costs range from 7 to 27 \/kWh. Considering external costs are required for making energy plans, it could have an influence on generation costs.

The Impact of Nuclear Power Generation on Wholesale Electricity Market Price (원자력발전이 전력가격에 미치는 영향 분석)

  • Jung, Sukwan;Lim, Nara;Won, DooHwan
    • Environmental and Resource Economics Review
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    • v.24 no.4
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    • pp.629-655
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    • 2015
  • Nuclear power generation is a major power source which accounts for more than 30% of domestic electricity generation. Electricity market needs to secure stability of base load. This study aimed at analyzing relationships between nuclear power generation and wholesale electricity price (SMP: System Marginal Price) in Korea. For this we conducted ARDL(Autoregressive Distributed Lag) approach and Granger causality test. We found that in terms of total effects nuclear power supply had a positive relationship with SMP while nuclear capacity had a negative relationship with SMP. There is a unidirectional Granger causality from nuclear power supply to SMP while the reverse was not. Nuclear power is closely related to SMP and provides useful information for decision making.

Analysis on a Power Transaction with Fuel-Constrained Generations in an Electricity Market (연료제약 발전기를 고려한 전력거래 해석기법 연구)

  • 이광호
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.53 no.8
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    • pp.484-489
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    • 2004
  • When the energy resource available to a particular plant (be it coal, oil, gas, water, or nuclear fuel) is a limiting factor in the operation of the plant, the entire economic dispatch calculation must be done differently. Each economic dispatch calculation must account for what happened before and what will happen in the future. This paper presents a formulation and a solution method for the optimization problem with a fuel constraint in a competitive electricity market. Take-or- Pay (TOP) contract for an energy resource is the typical constraint as a limiting factor. Two approaches are proposed in this paper for modeling the dispatch calculation in a market mechanism. The approaches differ in the subject who considers and inserts the fuel-constraint into its optimization problem. Market operator and each power producer having a TOP contract are assumed as such subjects. The two approaches are compared from the viewpoint of profits. surplus. and social welfare on the basis of Nash Equilibrium.

The Effect of Heterogeneous Preference on Non-market Valuation (가계의 이질적 선호가 비시장재 가치의 추정에 미치는 영향)

  • Kim, Yong-Joo
    • Environmental and Resource Economics Review
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    • v.16 no.4
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    • pp.873-900
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    • 2007
  • Non-market valuation studies tend to assume that individual households have homogeneous preferences for a non-market good to value. However, since the preferences for non-market goods, especially environmental goods are more likely to be heterogeneous by nature, it may be more appropriate to assume heterogeneous preferences for non-market goods, which may in turn may lead to reduced biases in the WTP estimation. This study investigate the extent to which individual households have heterogeneous preferences for reduced concentrations of radon, a radioactive indoor air pollutant, for road safety, and for nuclear power safety. We also analyze the effect of heterogeneity assumption on the results of model and WTP estimation. Using the choice experiments and mixed logit models, we found that allowing for heterogeneous preferences improved model fitness and that there existed heterogeneous preferences for both reduced radon concentration and road safety, albeit not for nuclear power safety. The mean WTP for reduced radon concentrations and road safety increased by factors of 2.44 and l.74 respectively with the models allowing for heterogeneous preferences.

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Development Process of Nuclear Power Industry in a Developing Country : Korean Experience and Implications (개발도상국에 있어서 원자력산업의 기술발전과정 분석 : 한국의 경험과 시사점)

  • 홍사균
    • Proceedings of the Technology Innovation Conference
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    • 1999.06a
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    • pp.176-202
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    • 1999
  • Korea has exerted her efforts to assimilate nuclear power technology, and reportedly localized 95 percent of nuclear power technology by 1995. This paper investigates the evolution of nuclear power program in Korea to exploit the development process of the nuclear power industry and key factors for the technological localization of nuclear power plant. In developing countries, an imitative catching-up process can be shown as a course for developing the absorptive capacity of foreign technology, which depends on prior knowledge base and the intensity of effort. The process of technological learning consists of five stages including preparation, implementation of foreign technology, acquisition of peripheral technology, acquisition of core technology, and improvement f foreign technology. Moreover, this paper discusses six essential factors that have influenced the successful achievement of technological localization of nuclear power plants in Korea. They include the role and strategies of the government, the leading role of utility firm, the development and cooperation of the related organizations, the development of human resources and their efforts, market conditions and the assistance of foreign donors, and social conditions. Finally, this paper discusses about implications offered by the Korean experience for other developing countries.

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PACS in Nuclear Medicine (핵의학 PACS)

  • Kang, Keon-Wook
    • The Korean Journal of Nuclear Medicine
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    • v.34 no.6
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    • pp.439-444
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    • 2000
  • PACS (Picture Archiving and Communication System) is being rapidly spread and installed in many hospitals, but most of the system do not include nuclear medicine field. Although additional costs of hardware for nuclear medicine PACS is low, the complexity in developing viewing software and little market have made the nuclear medicine PACS not popular. Most PACS utilize DICOM 3.0 as standard format, but standard format in nuclear medicine has been Interfile. Interfile should be converted into DICOM format if nuclear images are to be stored and visualized in most PACS. Nowadays, many vendors supply the DICOM option in gamma camera and PET. Several hospitals in Korea have already installed nuclear PACS with DICOM, but only the screen captured images are supplied. Software for visualizing pseudo-color with color lookup tables and expressing with volume view should be developed to fulfill the demand of referring physicians and nuclear medicine physicians. PACS is going to integrate not only radiologic images but also endoscopic and pathologic images. Web and PC based PACS is now a trend and is much compatible with nuclear medicine PACS. Most important barrier for nuclear medicine PACS that we encounter is not a technical problem, but indifference of investor such as administrator of hospital or PACS. Now it is time to support and invest for the development of nuclear medicine PACS.

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The Trends of Electronic Security System and Prospects of Security Market (기계경비시스템의 변화와 시장전망)

  • Chung, Tae-Hwang
    • Korean Security Journal
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    • no.6
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    • pp.147-165
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    • 2003
  • Since Electronic Security System is introduced in Korea in 1981 by foreign technology, Security market has been increasing considerably during short period, and It performs it's security roles well in place of security guards. As electronic and communication technology is highly developed, Electronic Security System and security market structure is changing naturally. Especially high-tech mobile communication technology will change the method of Electronic Security business. Also the pattens of residence and life style, such as the trend toward nuclear family and single life could effect security market. In recent year, new business models that apply the mobile phone and internet is appeared. Although Electronic Security System is changed by the changes of technology, It is very difficult to change the basic elements, such as sensing, alarm signal transfering, and response. The rate of increase of Electronic Security market is expected to matain it's increase pace for the time being. But the development of new system for new protectes such as childeren, old person, vehicle rather than immovable facility is necessary to prepare for the continuous competition.

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A Study on Feasibility Evaluation for Prognosis Systems based on an Empirical Model in Nuclear Power Plants

  • Lee, Soo Ill
    • International Journal of Safety
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    • v.11 no.1
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    • pp.26-32
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    • 2012
  • This paper introduces a feasibility evaluation method for prognosis systems based on an empirical model in nuclear power plants. By exploiting the dynamical signature characterized by abnormal phenomena, the prognosis technique can be applied to detect the plant abnormal states prior to an unexpected plant trip. Early $operator^{\circ}{\emptyset}s$ awareness can extend available time for operation action; therefore, unexpected plant trip and time-consuming maintenance can be reduced. For the practical application in nuclear power plant, it is important not only to enhance the advantages of prognosis systems, but also to quantify the negative impact in prognosis, e.g., uncertainty. In order to apply these prognosis systems to real nuclear power plants, it is necessary to conduct a feasibility evaluation; the evaluation consists of 4 steps (: the development of an evaluation method, the development of selection criteria for the abnormal state, acquisition and signal processing, and an evaluation experiment). In this paper, we introduce the feasibility evaluation method and propose further study points for applying prognosis systems from KHNP's experiences in testing some prognosis technologies available in the market.

News Focus - Today and Tomorrow of the Korea-made NPP, SMART (뉴스초점 - 한국 토종 원자로 'SMART"의 오늘과 내일)

  • Kim, Hak-Roh
    • Journal of the Korean Professional Engineers Association
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    • v.44 no.6
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    • pp.40-44
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    • 2011
  • Nuclear energy in Korea began in 1958, when the Korea's atomic energy act was formulated and the relevant organizations were founded. Since then, notwithstanding the two catastrophe like TMI and Chernobyl accident, Korea made a wise decision to expand the peaceful uses of the nuclear energy as well as to localize the essential nuclear design technology of fuel and nuclear steam supply system. This decision resulted in the success of export of nuclear power plants as well as research reactor in 2010s. The Korea's nuclear policy, which well utilized 'international crisis in nuclear business' as 'opportunity of Korea to get. nuclear technology', is believed nice policy as a role model of nuclear new-comer countries. Based upon the success story of localization of nuclear technology, Korea had an eye for a niche market, which was a basis of development of SMART, Korea-made integral PWR. The operation of a SMART plant can sufficiently provide not only electricity but also fresh water for 100,000 residents. Last two years, Korea's nuclear industry team led by the Korea Atomic Energy Research Institute completed the standard design of SMART and applied to the Korea's regulatory body for standard design approval. Now the Korea's licensing authority is reviewing the design with the relevant documents, and the design team is doing its best to realize its hope to get the approval by the end of this year. From next year, the SMART business including construction and export will be explored by the KEPCO consortium.

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A Study on the Globalization Policy of the Korean Nuclear Industry (원자력 산업의 세계화 추진 방안)

  • 신영균;박문희;정근모
    • Journal of Energy Engineering
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    • v.8 no.2
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    • pp.203-212
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    • 1999
  • The Republic of Korea is actively constructing and operating nuclear power plants and will maintain the nuclear energy program in spite of the current stagnation of nuclear industries in advanced countries. The significant role of Korea in the world economy is well recognized as Korea became a member of OECD. The Korean economy is rated as the eleventh largest in the world. Korea is a very important customer in the world nuclear market and is also regarded as a potential future supplier. However, the domestic and international environment for globalization of the Korean nuclear industry is not well established. This is mainly due to the past nuclear policy which has emphasized technological self-reliance with less attention to the international politics and trading. Under this background, this paper suggests the strategies for promoting the nuclear trade and expanding the influence in the decision making process of international nuclear community.

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