• Environmental and Resource Economics Review
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• v.20 no.3
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• pp.567-593
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• 2011

In 2005, five Korean generation companies suggested to include non-fuel ancillary costs incurring in the process of managing fuels and ashes as variable costs in Korean Cost-Based Pool. OLS analysis seeking statistical relation with the amount of generation did not provide sufficient ground for such argument. However, some cost items in this category showed meaningful statistical relation for certain generation facilities hinting some possibilities for the candidate of variable costs in the future. Time lag related to cost evaluation, problems related to inventory control and accounting method related to this may block the statistical relationship with the amount of generation. Unified criteria and standardization of the data are necessary before we proceed further to consider them as variable costs.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.35 no.1
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• pp.32-38
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• 2012

몽골은 석탄 매장량이 매우 풍부하고 석유연료를 전적으로 수입에 의존하기 때문에, 석탄액화플랜트 건설에 필요한 충분한 여건을 갖추고 있다. 본 연구에서는 몽골에 하루 10,000배럴의 석유연료를 생산할 수 있는 석탄액화플랜트를 건설할 경우에 대한 경제성분석을 수행한다. 먼저 기존에 있는 산업계의 석탄액화플랜트 프로젝트 데이터와 학계의 연구결과를 토대로 몽골 석탄액화플랜트 건설에 필요한 비용과 기대수명, 그리고 예상 수명기간 동안 운영했을 때 발생하는 운영비용과 소득을 추정한다. 추정된 비용과 소득을 이용하여 네 가지 시나리오(기본, 악화 1, 악화 2, 매우 악화) 하에서의 경제성 분석을 실시한다. 분석결과 투자수익률이 기본 시나리오에서는 45%에 가까우며, 가장 나쁜 시나리오에서도 5%보다 컸다. 이는 몽골 석탄액화플랜트 건설이 경제적으로 충분히 타당성이 있음을 나타낸다.

• Environmental and Resource Economics Review
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• v.27 no.4
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• pp.613-637
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• 2018

Fuel cell power plant which has advantages as a distributed generation is influenced by high cost of investment and uncertainty of electricity price. This study suggests the model of real options which considers the irreversibility of investment in the fuel cell plant and the uncertainty of electricity price. Most models of real options assume the geometric Brownian motion for convenience, but this study develops the model for the feasibility analysis considering the mean reverting process of electricity price, with the closed form solution on the value of investment option. The result of the empirical analysis considering the data related to the fuel cell generation with the scale of 20MW and the domestic RPS circumstance represents that the investment is feasible without the uncertainty, and is not feasible with the uncertainty. This result implies that the political support as well as the improvement of profit system including revenue and cost are necessary for the activation of the fuel cell power plant.

• Transactions of the Korean hydrogen and new energy society
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• v.33 no.6
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• pp.643-659
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• 2022

For the economic analysis of fuel cells, levelized cost of electricity was calculated according to the type, capacity, and annual production of the fuel cells. The cost of every component was calculated through the system component breakdown. The direct cost of the system included stack cost, component cost, assembly, test, and conditioning cost, and profit markup cost were added. The effect of capacity and annual production was analyzed by fuel cell type. Sensitivity analysis was performed according to stack life, capital cost, project period, and fuel cost. As a result, it was derived how much the economic efficiency of the fuel cell improves as the capacity increases and the annual production increases.

• Journal of Korean Society of Forest Science
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• v.111 no.1
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• pp.177-185
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• 2022

In this study, the economic feasibility of a local energy facility that uses forest biomass as an energy source was assessed. We analyzed profitability using data from the Forest Energy Self-sufficient Village Project financed by the Korea Forest Service. The energy facility has a cogeneration generator and wood chip boiler. Wood chip, which has lower heat value and is cheaper than wood pellets, is used as fuel. Revenue comes from the sale of electricity, heat, and renewable energy certificates. Additionally, we considered the sale of carbon credits as substitutes for fossil fuels. The expenditure consists of fuel costs and fixed costs, and the initial investment is treated as a sunk cost. Under the condition of a 55% operation rate and wood chip price of 95,000 KRW per ton, the annual net revenue is positive. Crucial factors for managing the facility sustainably are operation rate and fuel cost. A simulation in which two factors were changed showed that the annual net revenue is negative with a 50% operation rate and 100,000 KRW per ton of wood chip price. To improve net revenue, an increase in the operation rate or a decrease in the wood chip price is required. Additionally, selling carbon credits will make the operation of the facility more profitable. Furthermore, the payment required to procure wood chips could contribute to the rural economy. To foster the use of forest biomass for energy, the price for heat supplied from renewable energy sources should be subsidized.

• Journal of Energy Engineering
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• v.4 no.1
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• pp.153-161
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• 1995

건식 제련법에 의한 자용제련 공정에 대하여 공정비용을 최소화시키고 최적 조업조건을 제시할 수 있는 최적화 모델을 개발하였다. 본 모델은 Outokumpu 공정을 기본으로 하여 물질 및 에너지 수지식과 비용 방정식을 포함하였으며 주어진 공정조건에서 공업용 산소량, 탄화수소 연료량, 원료 정광의 구리함량, matte의 구리함량 및 전기료 등이 공정비용에 미치는 영향을 계산할 수 있었다. 모델에 의한 계산결과 25% 구리정광을 원료로 하여 자용제련을 할 경우 matte의 최적 구리함량은 65%, 산화용 가스의 최적 산소함량은 53.4%, 최소 공정비용은 $9.22/ton정광이었다.

• Korean Chemical Engineering Research
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• v.56 no.6
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• pp.804-810
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• 2018

Most biofuel companies are in a small scale with short experience of operating the entire supply chain. In order to compete with existing fossil fuel competitors, renewable companies should be more responsive to demand. It is financially important to reflect this in the decision supporting system of the company. This paper addresses an evolutionary algorithm based methodology for the distribution problem of renewable energies. A numerical example was presented to illustrate the applicability of the proposed methodology with some remarks.

• Proceedings of the Korea Society for Energy Engineering kosee Conference
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• 2000.11a
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• pp.247-251
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• 2000

지금까지 인류의 생활을 영위하기 위해 사용되어온 에너지 자원은 주로 화석연료가 대부분이었다. 대부분의 화석연료는 석유와 석탄으로 구성되어 있으며 그 중에서 석유는 인류의 생활에 없어서는 안될 매우 중요한 에너지 자원이 되었고 여러 방면에서 사용되고 있다. 그러나 대부분의 석유 매장량은 중동지방에 집중되어 있고 매장량이 한정되어 있다. 특히 석유는 국제 정세에 의해 중동지방으로부터의 원유공급이 불확실해질 수 있고 각 지역으로 석유공급을 할 때 관련되는 비용이 높은 문제점을 가지고 있다.(중략)

• Proceedings of the Korea Society for Energy Engineering kosee Conference
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• 1999.11a
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• pp.101-106
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• 1999

고분자 전해질 연료전지(PEFC)는 백금 촉매를 이용하여 낮은 온도에서 화학에너지를 전기에너지로 전환시키는 시스템으로써 자동차 등의 이동용 전원으로 적합한 시스템이다. 그러나 고분자 전해질 연료전지가 실용화되기 위해서는 고가인 백금 촉매 사용량의 감소 등 제작비용 절감 문제, 전지 자체의 성능향상 등의 문제가 해결되어야 한다.(중략)

• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 2021.11a
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• pp.162-163
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• 2021

그래핀수지로 기존에 황동(Ni-Al-Bronze) 프로펠러 대체 가능 제품의로 고가의 황동을 그래핀수지 특히 재생 플라스틱 활용으로 저가로 공급 가능하다. 또한, 재활용이 가능한 친환경 프로펠러임, 가벼운 소재를 이용하여 연료 효율 증대, 연료 효율을 향상시켜 연안해운 저탄소 실현, 마찰저항을 최소화하여 선박의 추진성능 개선, 해양생물 부착 방지(방오기능)를 통한 프로펠러 수명연장 기대, 프로펠러 검사 및보수 유지비용 절약 기대, 향후 폐기물에 그래핀을 혼합한 재생 자재로 활용 가능이 크다.