• Korean Business Review
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• v.19 no.2
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• pp.69-94
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• 2006

Landfill gas is a mixture of methane and carbon dioxide produced by the bacterial decomposition of organic wastes, and it is considered to produce bad smells and pollute the environment. Economic trials and the developments of landfill gas, as an alternative energy resource, become known at the recent years. Resource development of landfill gas, which is managed by Korea up to now, is for the most part generation using gas engine. Medium BTU and High BTU are considered for the power generation as well. I\10st income of generation using gas engine is selling charge through a power plant. Expecting to manage the power plant for up to 10 years, the analysis based on revenue and expenditure shows when the unit price is 65.2 Won and the operating rate reaches 90%, it is possible to be into the black in 2012 without considering additional financial expense. It was also analyzed that the profit at a unit price of 85 Won under the anticipated rising unit price by the operating rate of 71% is larger than at the operating rate of 90% under limited unit price of 65.2 Won. It means to manage the power plant at a unit price of 65.2 Won and the operating rate must be higher than 90% for economic logicality. If we assume that the operating rate is 90% and it increases the unit price, the unit price must be higher than 85 Won for the management of a power plant. Analysis of changing a unit price, however, might be expected to have a gradual rise of prices. If there is no price rising and additional income related to CDM(Clean Development Mechanism) and emission trading upon Kyoto protocol, the management of a power plant using gas engine will get financial difficulties because of many operating expenses. However, since landfill gas is considered as a worthy energy resource for the guarantee of sustainable development and for the equity between recent generation and future generation, the development of it must be accomplished by the government's additional supporting and efforts under the interest of all stakeholder who are involved.

• 한국산학경영학회:학술대회논문집
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• 2006.06a
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• pp.147-170
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• 2006

Landfill gas is a mixture of methane and carbon dioxide produced by the bacterial decomposition of organic wastes, and it is considered to produce bad smells and pollute the environment. Economic trials and the developments of landfill gas, as an alternative energy resource, become known at the recent years, Resource development of landfill gas, which is managed by Korea up to now, is for the most part generation using gas engine. Medium BTU and High BTU are considered for the power generation as well. Most income of generation using gas engine is selling charge through a power plant. Expecting to manage the power plant for up to 10 years, the analysis based on revenue and expenditure shows when the unit price is 65.2 Won and the operating rate reaches 90%, it is possible to be into the black in 2012 without considering additional financial expense, It was also analyzed that the profit at a unit price of 85 Won under the anticipated rising unit price by the operating rate of 71% is larger than at the operating rate of 90% under limited unit price of 65.2 Won. It means to manage the power plant at a unit price of 65.2 Won and the operating rate must be higher than 90% for economic logicality. If we assume that the operating rate is 90% and it increases the unit price, the unit price must be higher than 85 Won for the management of a power plant. Analysis of changing a unit price, however, might be expected to have a gradual rise of prices. If there is no price rising and additional income related to CDM(Clean Development Mechanism) and emission trading upon Kyoto protocol, the management of a power plant using gas engine will get financial difficulties because of many operating expenses. However, since landfill gas is considered as a worthy energy resource for the guarantee of sustainable development and for the equity between recent generation and future generation, the development of it must be accomplished by the government's additional supporting and efforts under the interest of all stakeholder who are involved.

• Proceedings of the KIEE Conference
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• 2007.07a
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• pp.822-823
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• 2007

It is easily can be expected that Korea cannot be free under the regulation, because Korea is one of the major $CO_2$ emitter in the world. Even though Korea currently doesn't have any obligation to mitigate the carbon emission, power industry needs to study the effect of that. this paper aims to analyze the change of economic loading order for generation dispatch by various carbon price, looking at each plant's or generator's variable generation cost per unit electricity(kWh) that consists of basic generation price calculated by automatic generation system planning model, WASP 4.0, and $CO_2$ price per unit electricity generation.

• Journal of the Korean Society of Combustion
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• v.18 no.3
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• pp.44-53
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• 2013

In this study, the economic evaluation for imported coals was conducted for power plant based on thermo-dynamical performance analysis. The number of coal types considered was 1,755 imported by five power generation companies in Korea during the 2010-2012. The higher heating value (HHV) of the coals ranged 4,000-6,500 kcal/kg, mostly sub-bituminous. The 1D thermo-dynamical performance modeling was performed for a 500 MWe standard power plant using PROATES code. It was founded that the low rank coals had negative effects on the plant efficiency mainly due to the increased heat loss by moisture, hydrogen and flue gas. Based on the performance analysis, the economic performance of the coals was evaluated. The apparent price of low-rank coals tended to be significantly lower than design coal; for example, the unit price of coal with a HHV of 4,000 kcal/kg was 57% of the reference coal having 6,080 kcal/kg. Considering the negative effects leading to a decrease in the thermal performance, heating value compensation, and increased parasite load, the corrected unit cost for the coal with 4,000 kcal/kg was 90.7% of the reference coal. Overall, the cost saving by imported coals was not high as expected.

• Nuclear Engineering and Technology
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• v.7 no.4
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• pp.295-310
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• 1975

A system of model price data for the fuel cost estimation of the Go-ri plant is developed. With the application of MITCOST-II computer code the levelized unit fuel costs over the entire lifetime of the plant are evaluated. It is found that the overall levelized unit fuel cost is 7.332 mills/Kwhe and that the uranium ore and enrichment service represent more than 85% of the unit cost, assuming a simple once-through fuel cycle process with no reprocessing of the spent fuel. The effects of the cost fluctuations in these fuel cycle elements and the capacity factor changes are also evaluated. The results indicate that the fuel costs are most sensitive to the variation of uranium ore price. Efforts must, therefore, be employed for the arrangement of cheap and timely supply of uranium ore in order to achieve the economic generation of nuclear power.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2014.05a
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• pp.46-47
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• 2014

Recently, BAI(Board of Audit and Inspection of Korea) has recommended that "Result unit cost" of Korean government apply to national power plant construction project when plant owner corporations estimate budget price for tender. but nuclear industry have difficulties with this suggestion. the purpose of this study is to review the "Result unit cost" and problem with application of NPP construction cost estimating. And proposed the direction of application of "Result unit cost" to NPP construction cost estimating.

• International conference on construction engineering and project management
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• 2017.10a
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• pp.133-137
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• 2017

Nuclear power plants in Korea are usually built based on a duplicated model; so the project cost data of the preceding unit can be used as reference when estimating the project cost for the succeeding unit. However, since the contracting method is oriented towards the price, empirical factors such as making top-down estimations using the reverse calculation method based on the completion cost of the preceding unit is dominant. In order to develop a project cost database to resolve such problems, the detailed cost boundary of the project cost data must be categorized by project and by system. This study proposes a method to connect the code of account with the base quantities and the IAEA account, and proposes a database structure for the development of a project cost estimation system. The estimation system developed in the future is expected to utilize the proposed project cost data structure.

• Nuclear Engineering and Technology
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• v.9 no.3
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• pp.151-163
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• 1977

Being based on the Segal method, calculation was carried out for the natural uranium nuclear fuel cost with Zircaloy-4 cladding having design Parameters of Wolsung Nuclear Power Plant, CANDU-PHWR (Unit 1) , currently under construction in Korea aiming at its completion in 1982. An attempt was also made for tile sensitivity analysis of each fuel component; j. e., depreciation of fuel manufacturing plant caused by its life time, its load factor, production scale expansion of plant facilities, variations of construction and operating costs of fuel manufacturing plant, fluctuation of interest rates, extent of uranium ore price increases and effect of learning factor.

• Korean Journal of Construction Engineering and Management
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• v.14 no.4
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• pp.152-163
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• 2013

In this research, we analyse the economic feasibility of a tidal power plant project which can efficiently generate mass, permanent, predictable, and homogeneous electric power. For the economic feasibility analysis, we used the RETScreen that is developed at the CANMET Energy Technology Center in Natural Resources Canada and widely utilized for analysing the economic feasibility and sensitivity of clean energy projects. Results from the feasibility and sensitivity analysis showd that the tidal power plant project in Korea has a enough economic feasibility, and its feasibility increases more as certified emission reductions price and electricity unit price increase. Based on the results from the feasibility study, we can solve the energy problems to be come in near future by constructing the tidal power plants in Korea more aggressively.

• The Journal of the Korea institute of electronic communication sciences
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• v.10 no.12
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• pp.1373-1380
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• 2015

The rapid spread and various design of solar power plants, development, construction, maintenance technology and business coexist variety and price decline and the recent solar power plants built since the early 2010 despite the decline in the power generation unit main equipment Construction of power plants to stabilize the technology has been continuously promoted. Recently, built in the form of a solar power plant to the construction and leasing the roof and upper structure to replace the limited ground space is increasing. Factory roof, studies such as warehouse and logistics center leased space in the roof installed solar plant status and skills, conducted a study to review and analyze the economy.