• Title/Summary/Keyword: plant market

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Study on financial effects resulted from modified settlement rules (CBP시장의 정산 규칙개정에 따른 양수발전의 재무적 영향 분석)

  • Lee, Jae-Gul;Yoon, Yong-Beum;Ahn, Nam-Sung
    • Proceedings of the KIEE Conference
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    • 2005.11b
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    • pp.177-179
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    • 2005
  • In Korean Power Market, Cost-based Bidding Pool is maintaining the present condition because restructuring of electricity industry is holding. When this market is designed, Settlement rules for Pumped-storage power plant made unfairly by other power plants. These rules were considered contribution of Pumped-storage power plant to network operation. by the way, there are some discussion about Settlement rules modification. so in this paper, we calculated financial effect of power plant by modified rules. And when we modify market rules, we can offer numerical information.

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Risk Classification and Relational Database Schema in Overseas Power Plant Construction (해외 발전플랜트 리스크 분류체계 및 관계형 데이터베이스 구축 방안)

  • Kim, Min;Jung, Youngsoo
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2014.05a
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    • pp.192-193
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    • 2014
  • Due to the decreasing domestic construction market since 2007, Korean construction companies are expanding overseas market. As a result, the international market share by Korea has been continuously increased and achieved 65.2 billion dollars in 2013. Despite of such visible results, profitability concerns are constantly arising. It is pointed out that the low-priced bid competition between Korean construction companies and various unpredictable risks are the most crucial factors which aggravate the profitability in the overseas projects. From this point of view, predicting the risks in advance and controling them could be the most important tasks to improve the profitability. This research proposed 202 risk factors with a hierarchy and relational database schema for power plant construction, which is based on the 24 risk classifications in previous research (Kim & Jung 2013). Proposed risk classification and relational database schema could be utilized as the basic data in risk management system.

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The Research on Activation Plan for Seawater Desalination Plant Application in Korea (국내 해수담수화 플랜트 적용 활성화 방안 연구)

  • Sohn, Jinsik;Yang, Jeong-Seok;Park, Jinseo
    • Journal of Korean Society of Water and Wastewater
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    • v.23 no.2
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    • pp.251-255
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    • 2009
  • Foreign and domestic seawater desalination plant market investigation was performed to analyze the worldwide trend of seawater desalination plant market and to establish the activation plan for seawater desalination plant application. Water demand and seawater desalination related laws and regulations were investigated and analyzed for the activation plan. RO type and large scale plants are popular nowadays however there are only small plants in island region in Korea. There will be about $1 million\;m^3/day$ deficit in 2015 according to the water demand forecasting from Ministry of Environment and Ministry of Land, Transportation, and Maritime Affairs in Korea. Therefore, it is necessary to activate the domestic application of seawater desalination plant to secure stable water resources. To activate the domestic application of seawater desalination plant, first, we need to establish regulations, support system in the water service law for seawater desalination plant. Second, related Ministry should increase the support for the operation and management of seawater desalination plant and suggest the construction of seawater desalination plant for water resources security near seaside region.

Demand Response Impact on Market Operator's Revenue and Load Profile of a Grid Connected with Wind Power Plants

  • Tahmasebi, Mehrdad;Pasupuleti, Jagadeesh
    • Journal of Electrical Engineering and Technology
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    • v.8 no.1
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    • pp.46-52
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    • 2013
  • Economic properties of an integrated wind power plant (WPP) and the demand response (DR) programs in the sample electricity market are studied. Time of use (TOU) and direct load control (DLC) are two of the DR programs that are applied in the system. The influences of these methods and the incentive payments by market operator's (MOs) with variable elasticity are studied. It is observed that DR with TOU and DLC programs together yields better revenue and energy saving for MOs.

Improved Scheme to Manage Engineering Man-hour in a Plant Project (플랜트 프로젝트에서의 설계시간 관리 기법 개선 방안에 관한 연구)

  • Shin, Ji-Roh;Moon, Seung-Jae;Lee, Jae-Heon
    • Plant Journal
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    • v.5 no.1
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    • pp.51-59
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    • 2009
  • The global plant construction market has grown dramatically since 2000. As the market grows, domestic EPC contractors are expanding to meet its needs and have made great strides in terms of economic indicators from a decade ago. Larger projects involve a number of risk factors, such as volatile oil prices, however, and thus require quantitative and elaborate project management techniques for the ultimate success of a project's profitability. In addition, many Korean companies face difficulties in predicting potential risks and problems due to a lack of experience in dealing with the global market trend toward projects based on the Cost-re(Cost Reimbursable) contract as opposed to those based on the LSTK(Lumpsum Turnkey) contract. This study will examine methods and types of man-hour management according to plant project contract types. Further, it will explore the man-hour management system for successful completion of projects by satisfying the client's needs and enhancing the convenience in engineers' using the system. Additionally, this study will analyze the current system and identify its problems to address potential problems.

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A Study on the Decommissioning of Oil and Gas Platform (오일 및 가스 플랫폼의 해체에 관한 연구)

  • Jeon, Chang Su
    • Journal of the Korean Society of Industry Convergence
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    • v.23 no.6_2
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    • pp.1081-1091
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    • 2020
  • The most recent issue of offshore plants that produce oil and gas are the decommissioning engineering of aged or discontinued platforms. There are many platforms that are being dismantled in the United States, Europe, and areas in Southeast Asia. In particular, more than 400 old platforms in Southeast Asia (Indonesia, Malaysia) are preparing to dismantle. They are spread out across Southeast Asia with a water level of 50 meters and small-scale of less than 10,000 tons. However, this offshore plant decommissioning market is a very suitable market for small and medium-sized shipyards in Korea to enter with their established equipment and engineers. Platform decommissioning is conducted according to decommissioning procedures. However, there are some difficulties in market advances as no developed case studies or process models are established on how platform structures and components are to be dismantled and how the dismantled material is to be reused and recycled. Therefore, this study presented domestic and foreign regulations on the reuse and recycling of oil and gas producing offshore plant platforms, case analyses on developed decommissioning engineering, platform reuse and recycling guidelines, and platform and pipeline decommissioning processes and methods.

Heat-Electric Power Ratio Optimization To Maximize Profit of a Cogeneration Power Plant (열병합 발전기 수익 극대화를 위한 열전비 최적화)

  • Kim, Gun-Hoe;Lee, Jae-Heon;Moon, Seung-Jae;Chang, Taek-Soon
    • 한국전산유체공학회:학술대회논문집
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    • 2008.03b
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    • pp.381-384
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    • 2008
  • This paper presents an operational technique to maximize profit of a cogeneration power plant. To minimize errors in a loss and gain analysis of a cogeneration power plant, the energy sale profit in the cost-based-pool electric power trade market, the heat sale profit, and the supplementary fund profit for electric power industry are taken into consideration. The objective is to optimize the heat-electric power ratio to maximize profit of a cogeneration power plant. Furthermore, the constrained bidding technique to optimize heat-electric power ratiocan be obtained. Profits from of a cogeneration power plant are composed of three categories, such as the energy sale profit in the cost-based-pool electric power trade market, the heat sale profit, and the supplementary fund profit for electric power industry. Profits of a cogeneration power plant are varied enormously by the operation modes. The profits are mainly determined by the amount of constrained heat generation in each trading time. And the three profit categories arecoupled tightly via the heat-electric power ratio. The result of this case study can be used as a reference to a cogeneration power plant under the power trading system considered in this case.

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Current status on applications of conventional breeding techniques and biotechnological system in ornamentals

  • Kim, Jong Bo
    • Journal of Plant Biotechnology
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    • v.47 no.2
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    • pp.107-117
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    • 2020
  • Flower industry is now growing due to the development of economy in many countries. Simultaneously, needs from consumers in flower market are varied widely. To satisfy the needs from consumers and deal with a variety of diseases from a lots of pathogens as well as climate change, new elite flower cultivars should be released in flower market. For this purpose, conventional and biotechnological techniques can be employed to make good cultivar. Therefore, this review describes the general overview of flower breeding techniques including cross-hybridization, mutation breeding and genetic transformation systems. Also, breeding systems for ornamentals derived from plant tissue culture such as embryo culture, in vitro fertilization, ovary/ovule culture and haploid production were reviewed. Furthermore, in this study recent development of the generation of new flower cultivars using marker-assisted breeding, plant transformation including particle bombardment and Agrobacterium tumefaciens as well as genome-editing technology were described. This review will be contributed to the development and releasement of new flower cultivars with horticulturally useful traits in the future.

Study on Certification Policy for Stabilization of Photovoltaic Industry - A Case Study of PV Power Plant O&M - (태양광발전소 O&M 관리를 통한 발전성능 향상 방안)

  • Ahn, Hyewon;Cho, Yongsung
    • Journal of Climate Change Research
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    • v.6 no.2
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    • pp.105-111
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    • 2015
  • With PV market extension, Operation & Maintenance (O&M) went on the floor as an effective method so solve the reduction phenomenon of Performance Ratio (PR) of PV power plant and as a new business model of photovoltaic industry. This study chose institutionalization of O&M to vitalize domestic photovoltaic industry improving level of photovoltaic technology and dominate the market in advance. The result of analyzing advanced researches and domestic cases indicates that O&M is essential of operating PV power plant, therefore, now is the time for a systematic approach to establish O&M policy.

On the Analysis of Risk Management for a Utility Construction Work in Plant Projects (플랜트 유틸리티 시공에서 리스크 관리에 관한 연구)

  • Han, Ki-Don;Hur, Jin-Huek;Moon, Seung-Jae;Yoo, Hoseon
    • Plant Journal
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    • v.6 no.1
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    • pp.64-70
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    • 2010
  • From 2000, the world plant market, especially plant developing business related to oil and gas, has been increasing. Domestic construction companies advance to overseas plant construction market actively, and proportioning to this, an importance of utility construction is increasing. However, the project becomes large and high-tech, and many companies experience difficulty of project management due to relatively high risk of overseas construction. In this study, we built the standard process with which domestic company can evaluate the risk of overseas plant utility construction. Primary factors for risk evaluation is derived, classification system is made out, primary factor is analyzed, and counter plan is suggested. And thorough management of risk is performed by risk management organization that manages the risks, risk control methods, reports and monitors through risk sheet and risk action log from the start of project to the end.

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