• Title/Summary/Keyword: Energy Cost Evaluation

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Decision Support Process Model for Energy Efficient Remodeling Projects focused on Building Envelope and Renewable-energy Systems (에너지절감형 리모델링을 위한 적정 대안 선정 프로세스 모델 - 건축물 외피 및 신재생에너지 시스템을 중심으로 -)

  • Shin, Young-su;Cho, Kyuman;Kim, Jae-youn
    • Korean Journal of Construction Engineering and Management
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    • v.16 no.3
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    • pp.91-100
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    • 2015
  • An increase in energy such as natural gas, coal, oil, has occurred to a large amounts of environment impact emissions, it is necessary to reduce in the construction industry for the energy consumption. To encourage remodeling project in developed countries of the majority, on the basis of this, remodeling project in the construction industry has grown to a large amount. Results of analysis of the research related to the advanced remodeling, analysis of the economic validity in accordance with the production and process and building elapsed years of selection alternative of remodeling there has been a problem that has not been properly reflected. In this study, a decision support model that can simultaneously choose the most cost-effective and energy-efficiency alternative. Developed process model, generates a "Remodeling Solution" that combines the renewable energy equipment and envelope system, energy performance evaluation of the application of international standards(ISO-13790, DIN V 18599), perform the economic evaluation through LCCA(Life Cycle Cost Analysis) technique, circulated evaluation and configured to output the optimal Remodeling Solution. The results of applying the model developed in the case, it was confirmed that it is possible to select a choice of cost-effective energy-saving alternative. Then, developed model through this study, it is expected to be able to help highly effective remodeling alternative to selecting by decision-makers.

Investigating multi-attributes for expanding new renewable energy in agricultural sectors : Applying the analytic hierarchy process (농업부문 신재생에너지 보급확대를 위한 다중속성 평가)

  • Lee, Sang-Ho;Park, Jae-Hong
    • Korean Journal of Agricultural Science
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    • v.38 no.1
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    • pp.183-190
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    • 2011
  • The paper is to analyze multi-attributes for expanding new renewable energy in agricultural sectors which have environmental, technical, economic, and social factors consisting of 15 attributes which have both positive and negative impacts. We applied the analytic hierarchy process (AHP) to data from opinion polls. As a result of the AHP survey, the overall results indicate that the respondents more weight on economical factor than environmental, technical, and social factors for expanding new renewable energy. At the lowest level, a comparison of individual 15 attributes within three factors shows that fixed cost highest in multi-attributes, followed by operating cost, technical superiority. To achieve the public acceptance about expanding new renewable energy in agricultural sectors, the policy-makers should take all relevant factors into account through the decision-making process by the public opinions.

Insulation Performance Evaluation of the Curtain Wall Anchoring Unit by 3D Heat Transfer Simulation and Life Cycle Cost Analysis (3차원 전열해석 및 생애비용 분석을 통한 커튼월 앵커링 유닛의 단열성능 향상 방안 평가)

  • Kang, Seung-Hee;Song, Seung-Yeong
    • Journal of the Korean Solar Energy Society
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    • v.23 no.4
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    • pp.63-70
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    • 2003
  • It is very important to improve the insulation performance of curtain wall anchoring unit since it is composed of materials with high thermal conductivity, such as aluminium, steel and so on. This study aims to evaluate the heating energy performance and economical efficiency of various alternatives which are different in position and material of insulation. As results, alternative of inserting the urethane washer & pad and coating the anchoring unit with urethane foam can improve the heating energy performance and L.C.C(Life Cycle Cost) by 6.33% and 0.95%, respectively, as compared with the existing case.

The Radiation Evaluation for Development of Solar System by Using Solar on the Sea (해상용 태양열 시스템 개발을 위한 일사량 평가)

  • 강일권
    • Journal of Ocean Engineering and Technology
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    • v.14 no.2
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    • pp.13-18
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    • 2000
  • Recently due to the environmental pollution and the requirement for the substitute energy the interest for development of the solar energy system has been highly escalated It has been approved that the solar energy is a very useful on e because of purity and low cost. Some studies about the evaluation of solar radiation on the land has been carried out but few studies on the sea. This paper deals with a study on the evaluation of solar radiation on the sea. The experiments were carried out on the training vessel on the adjacent water of Korea Japan and China for twenty days. The distributions of solar radiation from the sea were changed into nonlinear in from according to the temperature. The solar radiation on the sea has a great influence on the velocity of wind as well as the temperature The distribuition of solar radiation has higher values on the track of the coastal sea than the open sea at same conditions.

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A Economic Evaluation for APR+ Standard Design (APR+ 표준설계에 대한 경제성 분석)

  • Ha, Gag-Hyeon;Lee, Jae-Ho
    • Journal of Energy Engineering
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    • v.25 no.1
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    • pp.43-47
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    • 2016
  • KHNP CRI has developed APR+ nuclear power plant since 2007, which is GEN III+ model with 1500 MWe capacity. To develop safer nuclear power plant than APR1400, we investigated advanced design features of ALWR being constructed in Korea and being developed/constructed in foreign countries. We applied the advanced design features and lessons learned from Fukushima accident to develop APR+ standard design suitable for both domestic construction and overseas construction business. One economic assessments have performed during safety design improvement phase(2013.1 ~ 2015.12) of APR+. The result of the economic analysis for APR+ safety inhancement design showed that APR+ N-th plant is about 39.2% more economical than coal-fired 1,000MW power plant. Also APR+ plant is more cost advantage over foreign advanced nation ALWRs.

Performance Evaluation and Economic Estimation of Ground Source Heat Pump Cooling and Heating System (지열 냉난방 시스템의 성능 및 경제성 평가)

  • Lim Hyo Jae;Song Yoon Seok;Kong Hyoung Jin;Park Seong Koo
    • Journal of Energy Engineering
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    • v.13 no.4
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    • pp.296-300
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    • 2004
  • Performance evaluation and economic estimation were conducted on the water to water GSHP (Ground Source Heat Pump) installed in existing building. Ground heat exchanger was a closed vertical loop type and sized to be 5 boreholes and 100m depth per borehole. Operation efficiency of the system shows that, COP increased from 3.0 to 4.2 with entering water temperature in heating operation, however, COP decreased from 5.0 to 3.7 in cooling operation. Economic estimation was analyzed by LCC (Life Cycle Cost) method and it showed that GSHP could save 68% of cost compare to the conventional oil source. Thus, despite of the large amount of initial cost, GSHP has a economic advantage to the other energy sources.

A Study on Peak Power Reduction using Regenerative Energy in Railway Systems through DC Subsystem Interconnection

  • Jung, Seungmin;Lee, Hansang;Kim, Kisuk;Jung, Hosung;Kim, Hyungchul;Jang, Gilsoo
    • Journal of Electrical Engineering and Technology
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    • v.8 no.5
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    • pp.1070-1077
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    • 2013
  • Owing to the consistent increase in energy efficiency issues, studies for improving regenerative energy utilization have been receiving attention in the Urban DC railway systems, where currently, the utilization of regenerative energy is low due to the lack of a specific plan for using this energy. The regenerative energy in railway systems has a low efficiency problem which results in the increase of the catenary voltage and a possibility to create problems to the electrical devices connected to the system. This paper deals with the power integration of large urban railway subsystems to improve regenerative energy utilization where the railway subsystems are integrated with other railway subsystems to improve the energy efficiency. Through the case studies, to find the realistic effect of integrated operation, the Seoul Metro subsystems, namely Line 5 and Line 7, has been applied. Also, evaluation for the electricity cost saving has been performed by using KEPCO electricity cost table.

Lifetime Evaluation of Power Devices of Single-Phase 5-Level NPC Inverters Considering Mission Profile of PV Systems (미션 프로파일을 고려한 단상 5-레벨 태양광 NPC 인버터의 전력 반도체 소자 수명 분석)

  • Ryu, Taerim;Choi, Ui-Min
    • The Transactions of the Korean Institute of Power Electronics
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    • v.27 no.3
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    • pp.221-227
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    • 2022
  • The reliability improvement of PV systems is an important factor in reducing the cost of PV energy because it is closely related to the annual energy production as well as the maintenance cost of PV systems. The reliability of PV inverters plays a key role in the reliability of PV systems because it is regarded as one of the most reliable critical parts of PV systems. The lifetime evaluation of PV inverters considering the mission profile in the design phase plays an important role in reliability design to ensure the required lifetime of PV inverters. In this paper, the lifetime of representative single-phase T-type and I-type NPC inverters are comparatively evaluated by considering the mission profile of a PV system recorded at Iza, Spain. Furthermore, the effect of the pulse width modulation methods on the lifetime is also discussed. The lifetime evaluation of PV inverters is performed at the component-level first and then the system level by considering all power devices.

Development of Pre-Validation Program of Clean Development Mechanism for Renewable Energy (신재생에너지 사업의 청정개발체제 사전 타당성 평가 프로그램 개발)

  • Park, Jong-Bae;Jeong, Yun-Won;Lee, Woo-Nam;Lee, Sang-Hyung;Won, Sung-Hee;Hur, Bo-Yeon;Oh, Dae-Gyun;Ha, Gyung-Ae
    • Proceedings of the KIEE Conference
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    • 2006.07a
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    • pp.420-421
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    • 2006
  • The cost-effective reduction of greenhouse gas(GHG) emission to avert the most severe impacts of climate change remains one of the widely accepted priorities for global action. In order to facilitate cost-effective abatement strategies, the Kyoto Protocol introduced three mechanisms, or flexible instruments, the Emissions Trading(ET), the Joint Implementation(JI) and the Clean Development Mechanism(CDM). The CDM enables Annex I countries to the Kyoto Protocol to partially meet cost-effectively their emission reduction commitments by undertaking GHG mitigation Projects in developing countries, which do not have any GHG abatement obligations and where the emission reductions are cheaper. One of the major barriers hampering the wide spread implementation of CDM is the high transaction costs associated with the initial identification of promising CDM projects. This paper presents development of a pre-validation program of CDM. The developed program may provide a useful aid to potential investors and project developers as a supportive pre-evaluation tool, and may become an effective tool for the promotion of renewable energy and fuel switching projects.

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Economic Evaluation of ESS in Urban Railway Substation for Peak Load Shaving Based on Net Present Value

  • Park, Jong-young;Heo, Jae-Haeng;Shin, Seungkwon;Kim, Hyungchul
    • Journal of Electrical Engineering and Technology
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    • v.12 no.2
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    • pp.981-987
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    • 2017
  • In this paper, we estimate the economic benefits of Energy Storage Systems (ESSs) for peak load shaving in an urban railway substation using the annual cost. The annual investment cost of ESSs is estimated using Net Present Value (NPV) and compared with the cost reduction of electricity by the ESS. The optimal capacities of the battery and Power Converting System (PCS) are determined for peak load shaving. The optimal capacity of the ESS and the peak load shaving is determined to maximize the profit by the ESS. The proposed method was applied to real load data in an urban railway substation, and the results show that electric power costs can be reduced. Other aspects of the ESS, such as the lifetime and unit price of the battery, are also investigated economically.