• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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• v.26 no.3
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• pp.24-30
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• 2012

A proposed the electrical fan heater using induction heating is innovative system which applied IH(Induction Heating) magnetic induction heating generated from induction-heated metallic package and high-frequency power circuit technique for thermal converse technique. In this occurs not burning, so that the working environment and deterioration of products can be improved. The existing heater that low efficiency by heated resistance or using fossil fuel of coal, diesel, kerosene has problems about burden for high cost price. In this paper are compared efficiency the existing heaters and designed electrical fan heaters using 3[kW]-Class full-bridge resonant inverter. In addition, action analysis and application of system are discussed.

• Journal of Environmental Health Sciences
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• v.26 no.4
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• pp.38-44
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• 2000

Compared to other waste, waste tire has much discharge quantity and calorie. When we use waste heat from waste tire, it can be definitely better substitute energy than coal and anthracite in high oil price age. To use as a basic data for providing low cost and highly effective heating system, following conclusion was founded. Annual waste tire production was 19,596 million in 1999, Recycling ratio was almost 55% and more than 8.78 million was stored. Waste tire has lower than 1.5% sulfur contain ratio which is resource of an pollution, So it is a waste fuel which can be combustion based on current exhaust standard value without any extra SOx exclusion materials. Waste tire has 9,256Kcal/kg calorific value and it is higher than waste rubber, waste rubber, waste energy as same as B-C oil. When primary and second air quantity was 1.6, 8.0 Nm$^3$/min, dry gas production time was 270min and total combustion time was 360 min. In the SOx, NOx, HC of air pollution material density were lower than exhaust standard value at the back of cyclone and dusty than exhaust standard value without dust collector.

• Proceedings of the KIEE Conference
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• 2007.07a
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• pp.834-835
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• 2007

2007년 하반기부터 국내탄 발전소에 대한 기반기금 지원방식이 변경 적용된다. 현행 발전소 변동비에 대한 시장정산금과의 차액보전에서 국내탄 사용량당 단가지원방식으로 변경된다. 기반기금 지원방식변경과 동시에 현행 전력시장운영규칙 부칙에 의거 국내탄발전소 용량가격이 일반발전기 수준으로 조정된다. 이러한 제도 변경시 국내탄발전소의 수입은 감소 전망으로 현행 적용하고 있는 BLMP수준의 국내탄 상한가격에서 제도변화를 반영한 적정 상한가격 수준설정은 전력시장운영에 있어 매우 중요하다. 기반기금 지원식 변경과 적정 상한가격 운영은 발전회사에게 많은 비용절감 유인을 제공하여 수입창출노력을 할 것으로 보이며, 발전기 이용률 제고 효과를 발휘할 것으로 전망된다. 본 논문에서는 합리적인 상한가격 산정에 필요한 상한가격 산정절차를 수립하고 국내탄발전소 제도개선 종합효과를 분석하고자 한다.

• Resources Recycling
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• v.14 no.2
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• pp.56-61
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• 2005

Economic feasibility for retrofitting the wet bottom ash handling system to the dry system in a existing 500MW${\times}$2 units pulverized coal thermal power plant in Korea was studied. Replacing to the dry system requires the initial capital costs of 13,415,127,000\, and saves the operating costs of 935,345,000\ per year. Economic analyses based on these results showed that the initial capital cost would not be recovered within the service life of the facilities at the interest rate of 10%, and the internal rate of return of 5.6% were obtained. Thus, the retrofitting to the dry system was not economically favorable in the current condition. However, the retrofitting would be profitable when the ash disposal cost and ash selling price were increased over 15,000\/MT or 17,000\/MT, respectively.

• Environmental and Resource Economics Review
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• v.15 no.4
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• pp.673-692
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• 2006

In order to test for the dynamic optimality condition for the use of nonrenewable resource, it is necessary to estimate the shadow value of the resource in situ. In the previous literatures, a time series for in situ price has been derived either as the difference between marginal revenue and marginal cost or by differentiating with respect to the quantity of ore extracted the restricted cost function in which the quantity of ore is quasi-fixed. However, not only inconsistent estimates are likely to be generated due to the nonmalleability of capital, but the estimate of marginal revenue will be affected by market power. Since firms will likely fail to minimize the cost of the reproducible inputs subject to market prices under realistic circumstances where imperfect factor markets, strikes, or government regulations are present, the shadow in situ values obtained by estimating the restricted cost function can be biased. This paper provides a valid methodology for checking the dynamic optimality condition for a nonrenewable resource by using the input distance function. Our methodology has some advantages over previous ones: only data on quantities of inputs and outputs are required; nor is the maintained hypothesis of cost minimization required; adoption of linear programming enables us to circumvent autocorrelated errors problem caused by use of time series or panel data. The dynamic optimality condition for domestic coal mining does not hold for constant discount rates ranging from 2 to 20 percent over the period 1970~1993. The dynamic optimality condition also does not hold for variable rates ranging from fourth to four times the real interest rate.

• Environmental and Resource Economics Review
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• v.29 no.4
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• pp.499-520
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• 2020

Input ratio of electricity to other production inputs in the Korean manufacturing sector has been higher than for the other OECD countries. In addition, electricity prices in Korea has been relatively lower than the average of OECD countries. Moreover, electricity sector is responsible for most CO2 emissions in Korea as coal and natural gas account 41.9% and 26.8% of electricity production as of 2018. Therefore, it looks inevitable to raise the electricity tariff for the manufacturing sector in Korea, but there is a concern that increase in the electricity tariff might affect small and medium enterprises (SMEs) more than large firms. This study estimates electricity demand's price and output elasticities for large firms and SMEs in steel industry by employing a time varying parameter model (Kalman filter). The analysis shows that changes in output levels regardless of firms' size affect electricity demands more significantly than do changes in electricity prices. Second, large firms have higher variances for both price and output elasticities of electricity demand. Third, large firms have higher price elasticity but lower output elasticity of electricity demand relative to SMEs. Policy implications are suggested in association with how to reduce electricity demands in the energy-intensive industry.

• Analyses & Alternatives
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• v.5 no.2
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• pp.77-105
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• 2021

Natural gas consumption in Asia is growing at fast tempo because of various factors such as economic growth in the region, urbanization, coal-to-gas switch at power and industry sector. Due to geographical characteristics and lack of international pipeline connections between countries in the continent, majority of natural gas exported to Asian consumers is transported by tankers on the sea in the form of liquefied natural gas. As Asian market is the most lucrative market with the fastest demand growth, the competitions between LNG sellers for market share in Asian market are strengthening. The competitions accelerated, especially after the introduction of large volume of incremental supply into the market by new exporters from the U.S., Australia, and Russia. Cheniere Energy, the first exporter of liquefied natural gas (LNG) in the lower 48 states of U.S. has not adopted the traditional price formation mechanism and business model. Traditionally, prices of long-term LNG contracts have been indexed to the price of competing fuels, such as crude oil. The company adopted a pricing mechanism and business model based on a cost-plus system. Cheniere Energy opted for the safer and the risk-free pricing system, that annually guarantees a fixed amount of revenue to the seller. The company earns the same amount of money, regardless of natural gas price dynamics in the domestic and international market, but possibly with less revenue. However, by introducing and successfully implementing the safer and risk- free business model, Cheniere Energy, a company of a relatively smaller size in comparison with major oil and gas companies, became an example to other smaller-sized companies in the U.S. The company's business model demonstrated how to enter and operate LNG business amid increasing competitions among sellers in the U.S. and international market.

• Journal of Energy Engineering
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• v.24 no.3
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• pp.67-73
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• 2015

Almost base-loaded power plants such as flaming coal and nuclear energy require large-scale transmission facilities (LTFs) in order to send electricity to remote consumption areas. As well known, LTFs incur various social costs. However, a decentralized generation source such as integrated energy business (IEB)-based combined heat and power (CHP) plant is located in nearby electricity-consuming area, and thus it does not demand LTFs, providing the benefits from avoiding the damages caused by them. This study attempts to measure the benefits of avoiding the damages from the LTFs by the use of the contingent valuation (CV) method. To this end, a national survey of randomly chosen 1,000 households was implemented and the public's willingness to pay (WTP) for substituting consumption of electricity generated from flaming coal-fired power plant, currently a dominant generation source in Korea, with that produced from IEB-based CHP plant. The results show that the WTP for the substitution is estimated to be about 41.4 won per kWh. Considering that this value amounts to 33% of the average price of residential electricity in 2014, the external benefit of the IEB-based CHP as a decentralized generation appears to be large.

• Journal of Korean Society of Environmental Engineers
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• v.30 no.3
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• pp.331-338
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• 2008

Coal-tar enamel, blown asphalt and polyethylene have been used as wrapping materials of steel pipe in Korea. Currently, every manufacturer produces wrapped steel pipes with different materials and methods, and little research has been performed to get on wrapping methods and materials. In this research, properties of wrapping material of steel pipe used for water supply have been evaluated. All of the materials tested in this work were found to meet the standard. Among the wrapping materials of steel pipe tested, blown asphalt and coal-tar enamel were reasonable in price, and their mechanical properties were excellent. The quality of the wrapped steel pipes was being melted easily in organic solvent. When coated thick, the load of the steel pipes was higher than necessary. Tensile strength of cathode exfoliation and PE 3-layer wrapping method was excellent. The pulling intensity of T-Die PE 3-layer was stronger than PE fluidized in PE wrapping method. Cathode exfoliation area was smaller than PE fluidized. Mechanical property and thermo-property of T-Die PE 3-layer were excellent and its anti-chemical property was great. Liquid epoxy can change the property of coating materials depending on the hardening condition and resin selection. Polyurethane used in this test showed a less adhesive strength with steel pipes than epoxy. Moisture absorbance rate was higher than Epoxy's, however. To utilize polyurethane as wrapping materials, basic property of the matter should be improved followed by finding the best suited coating condition. The method of PE 3-layer by extrude method appeared to be the best in this study. However, identification of other wrapping materials requires further additional tests.

• Journal of the Korean Data and Information Science Society
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• v.22 no.3
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• pp.401-412
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• 2011

This study uses a vector error correction model to analyze the daily time series data of the spot price of EUA (European Union Allowance). As endogenous variables, five variables are considered for the analysis, including prices of crude oil, natural gas, electricity and coal in addition to carbon price. Data period is Phase 2 period (April 21, 2008 to March 31, 2010) to avoid Phase 1 period (2005-2007) where the EUA prices were distorted. Unit-root and cointegration test results reveal that all variables have a unit root and cointegration vectors exist, so a vector error correction model is adopted instead of a vector autoregressive model.