• 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.

• Clean Technology
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• v.12 no.3
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• pp.113-127
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• 2006

Waste lubricating oil(WLO)s have been recycled as energy source through direct fuel in cement kilns and fossil power plants, or as fuel oils, or re-refined lubricating base oils. In our country, they have been recycled as low grade fuel oil through chemical treatment process. In 2003, extended producer responsibility (EPR) system was adopted from deposit system on sale of lubricating oils in order to promote their recycleing rate. However, our recycling rate of WLOs have been stagnant(below 70%) for last 5 years. And there has been no research work on recycling of WLOs as re-refined base oil until now in this country. Stabilization technology of thermally cracked oils to reduce tar and malodor and to improve their color for production of high grade fuel oil, and a novel process production of high grade re-refined lubricating base oil from WLOs have been developed and commercialized recently in Canada and U.S.A., respectively. Several countries like Australia, Italy, Germany and U.S.A., etc. are encouraging recycling companies to recycle WLOs as re-refined lubricating oil by giving greater subsidies or benefits compared to other recycling methods. They also adopt a policy to purchase re-refined lubricating oil preferentially in the federal or local governments and to recommend consumers to purchase it willingly. Based on the facts that several advanced countries have adopted a policy to recycle WLOs as re-refined base oil for saving of petroleum resource and reduction of environmental pollution, it is right time to be considered that our present policy for recycling of WLOs should be reevaluated and the new policy of their environmental-friendly and sustainable recycling should be established.