• 연구논문집
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• 통권27호
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• pp.75-86
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• 1997

Combined cycle power plant is a system where a gas turbine or steam turbine is used to produce shaft power to drive a generator for producing electrical power and the steam from the HRSG is expanded in a steam turbine for additional shaft power. Combined cycle plant is a one from of cogeneration. The temperature of the exhaust gases from a gas turbine ranges from $400^\circC$ to $600^\circC$, and can be used effectively in a heat recovery steam generator to produce steam. Combined cycle can be classed as a "topping(gas turbine)" and a "bottoming(steam turbine)" cycle. The first cycle, to which most of the heat is supplied, is called the topping cycle. The wasted heat it produces is then utilized in a second process which operates at a lower temperature level and is therefore referred to as a "bottoming cycle". The combination of gas/steam turbine power plant managed to be accepted widely because, first, each individual system has already proven themselves in power plants with a single cycle, therefore, the development costs are low. Secondly, the air as a working medium is relatively non-problematic and inexpensive and can be used in gas turbines at an elevated temperature level over $1000^\circC$. The steam process uses water, which is likewise inexpensive and widely available, but better suited for the medium and low temperature ranges. It, therefore, is quite reasonable to use the steam process for the bottoming cycle. Only recently gas turbines attained inlet temperature that make it possible to design a highly efficient combined cycle. In the present study, performance analysis of a dual pressure combined-cycle power plant is carried out to investigate the influence of topping cycle to combined cycle performance.

• 대한기계학회:학술대회논문집
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• 대한기계학회 2007년도 춘계학술대회B
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• pp.3241-3246
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• 2007

Integrated Gasification Combined Cycle (IGCC) power plant converts coal to syngas, which is mainly composed with hydrogen and carbon monoxide, by the gasification process and produces electric power by the gas and steam turbine combined cycle power plant. The purpose of this study is to investigate the influence of the syngas to the performance of a gas turbine in a combined cycle power plant. For this purpose, a commercial gas turbine is selected and its performance characteristics are analyzed with three different fuels, i.e., natural gas ($CH_4$), syngas and hydrogen. It is found that different heating values of those fuels and chemical compositions in their combustion gases are the causes in the different performance characteristics.

• International Journal of Air-Conditioning and Refrigeration
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• 제17권3호
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• pp.100-106
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• 2009

As an effort to prevent environmental problems caused by ozone depletion and global warming, alternative refrigerants are being developed, and one of the candidates is carbon dioxide. To overcome slightly low efficiency of $CO_2$ refrigeration system, air-conditioning cycle using an ejector was suggested. Ejector compensates throttling loss in an expansion device by reducing compression work. In this study, the ejector refrigeration cycle using $CO_2$ as a refrigerant is investigated to understand the effect of the mixing section diameter and refrigerant charge amount on the performance. If mixing section diameter is too large or too small, either cases show low performance. The optimum refrigerant charge amount which gives the best performance is found for standard operating conditions. The air-conditioning cycle was analyzed for several operating conditions.

• 한국수소및신에너지학회논문집
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• 제24권6호
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• pp.510-517
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• 2013

The ammonia-water based power generation cycle utilizing liquefied natural gas (LNG) as its heat sink has attracted much attention, since the ammonia-water cycle has many thermodynamic advantages in conversion of low-grade heat source in the form of sensible energy and LNG has a great cold energy. In this paper, we carry out thermodynamic performance analysis of a combined power generation cycle which is consisted of an ammonia-water regenerative Rankine cycle and LNG power generation cycle. LNG is able to condense the ammonia-water mixture at a very low condensing temperature in a heat exchanger, which leads to an increased power output. Based on the thermodynamic models, the effects of the key parameters such as source temperature, ammonia concentration and turbine inlet pressure on the characteristics of system are throughly investigated. The results show that the thermodynamic performance of the ammonia-water power generation cycle can be improved by the LNG cold energy and there exist an optimum ammonia concentration to reach the maximum system net work production.

• 설비공학논문집
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• 제23권7호
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• pp.513-519
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• 2011

The object of this study is to investigate the performance characteristics of refrigerators using a single-circuit multi cycle and a bypass two-circuit multi cycle. Each refrigeration cycle was tested by varying secondary fluid mass flow rate and temperature. Based on the experimental data, the optimum refrigerant charge was 48 g and the COP at the optimum secondary fluid mass flow rate was 1.53 for the single-circuit multi cycle. For freezer(F)-only mode, both the single-circuit multi cycle and the bypass two-circuit multi cycle were operated at overcharge conditions, resulting in an increase of the secondary fluid mass flow rate. The maximum COPs of the single-circuit multi cycle and the bypass two-circuit multi cycle were 1.22 and 1.35, respectively. The COP increased by 10.7% with the application of the bypass two-circuit multi cycle.

• 아태비즈니스연구
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• 제13권4호
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• pp.45-59
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• 2022

Purpose - This study investigates the performance of investment strategies incorporating estimated stock market cycle based on a lead-lag relationship between business cycle and stock market cycle, thereby deriving empirical implications on risk management. Design/methodology/approach - The data period ranges from June 1953 to September 2022 and de-trended short rate, term spread, credit spread, stock market volatility are considered as major input variables to estimate business cycle and stock market cycle by applying probit model. Based on the estimated stock market cycle, two types of strategies are constructed and their performance relative to the benchmark is empirically examined. Findings Two types of strategies based on stock market cycle are considered: The first strategy is to long(short) on stocks when stock market stage is expected to be an expansion(a recession), and the second one is to long on stocks(bonds) when expecting an expansion(a recession). The empirical results show that the strategies based on stock market cycle outperforms a simple buy and hold strategy in both in-sample and out-of-sample investigation. Also the out-of-sample evidence suggests that the second strategy which is in line with asset allocation is more profitable than the first one. Research implications or Originality The strategies considered in this study are based on the estimated stock market cycle which only depends on a few easily available financial variables, thereby making easier to establish such a strategy. It implies that investors enhance investment performance by constructing a relatively simple trading strategies if they set their position on stocks or choose which asset class to buy conditioning on stock market cycle.

• Nuclear Engineering and Technology
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• 제37권2호
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• pp.167-176
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• 2005

We developed the PERUPS system to aid the on-line performance analysis for the turbine cycle of the YongGwang 3 and 4 nuclear power plants. Procedure of measurement validation is included in the performance calculation to obtain heat balance. Precision of on-line performance calculation is increased via practical modifications of standard calculation algorithms based on the PTC (Performance Test Code). The proposed system also provides useful Web-based aids for performance analysis, including performance data management, a graphic viewer for heat balance and turbine expansion lines, and synthesized reports of performance.

• 설비공학논문집
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• 제10권6호
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• pp.753-762
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• 1998

A domestic refrigerator is composed of many components such as a compressor, evaporator, capillary tube, and the cabinet which plays a great role on the cycle performance, even if it is not the basic component part in the cycle. Recently, the restriction policy on the energy-saving and environmentally friendly refrigerator is reinforced in our nation as well as developed countries. Therefore, in this paper, cycle simulations and experiments were carried out ito understand the characteristics of the cycle performance using CFC 12, HFC 134a, and HC 600a and to know how changes in UA(overall heat transfer coefficients$\times$ heat transfer area) of evaporator, the position displacement of compressor, and the rpm of fan in the freezing room which has influence on the cycle performance. The result shows that the quantitative values of simulation and experiment are not coincident, but their trend is similar. When HFC 134a and HC 600a were used without the change of design in refrigerator used CFC 12, the performance of system in HC 600a is 30% lower, and the case of HFC 134a is 10% lower than that of CFC 12 on freezing temperature.

• 한국수소및신에너지학회논문집
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• 제31권2호
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• pp.234-241
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• 2020

This paper presents a thermodynamic performance analysis of a combined cycle consisting of regenerative organic Rankine cycle (ORC) and liquefied natural gas (LNG) Rankine cycle to recover low-grade heat source and the cold energy of LNG. The mathematical models are developed and the system performances are analyzed in the aspect of thermodynamics. The effects of the turbine inlet pressure and the working fluid on the system performance such as the mass flow rates, heat transfers at heat exchangers, power productions at turbines, and thermal efficiency are systematically investigated. The results show that the thermodynamic performance of ORC such as net power production and thermal efficiency can be significantly improved by the regenerative ORC and the LNG cold energy.

• International Journal of Air-Conditioning and Refrigeration
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• 제12권1호
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• pp.10-20
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• 2004

Experiments have been conducted in order to make comparisons of characteristics of a R410a cycle with a R22 cycle in terms of cooling capacity and coefficient of performance (COP). The parameters examined in the present work include air flow rate, indoor and outdoor air temperatures, and indoor relative humidity. These two refrigeration cycles constructed for this study share all components except compressor, accumulator, oil separator, and piping. The measurements were made using a psychrometric calorimeter. The experimental results show that the R410A cycle has several advantages for indoor units while the R22 cycle yields better performance for outdoor units.