• Title/Summary/Keyword: Energy supply and demand

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Russian Mineral Market Flow and Economic Direction for Securing Stable Resources (안정적 자원 확보를 위한 러시아 광물 시장 흐름 및 경제방향)

  • Eom, Nu Si A;Noh, Su;Haq, Muhammad Aneeq;Lee, Bin;Lim, Kyoung Mook;Kim, Bum Sung
    • Journal of Powder Materials
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    • v.26 no.4
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    • pp.345-349
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    • 2019
  • With increasing demand for resources worldwide, Korea has been negotiating with resource-holding countries to achieve conservation of energy resources. Among them, Russia is the third largest resource-producing and exporting nation in the world and has several resource materials such as nickel, platinum group metals, gold, and other reserves. As a result, there is growing interest in cooperation between Korea and Russia. The aim of this article is to summarize the current status of market flow of Russian energy resources as well as Russia's economic cooperation with Korea. Notably, South Korea needs to focus on investing in overseas mines for a stable supply of rare metals. Nevertheless, securing rare metals is a major task by understanding the flow and policy direction of Russian material mines.

Study on the Improvement of Water Regeneration Center by Using Non-water-soluble Sanitary Products: Focusing on the case of Seoul City (비수용성 위생용품 사용에 따른 물재생센터 개선방안: 서울시를 중심으로)

  • Choong-Gon Kim;Yoon-Hwan Bae;Hyun-Gon Shin
    • Journal of the Korea Organic Resources Recycling Association
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    • v.31 no.2
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    • pp.39-44
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    • 2023
  • This study was conducted to analyze problems related to non-water-soluble sanitary products during the treatment of water regeneration centers in E.T.F. and S.T.F. at a time when the demand and supply of non-water-soluble sanitary products are increasing. As a result, the improvement plan of the W.R.C. should focus on pretreatment facilities. When replacing facilities in the future, various dust removers suitable for the facility's reality will be installed in the pretreatment of S.T.F., and it is proposed to link a bar-racks screen with a comprehensive treatment device or install a comprehensive treatment device for impurities alone in the pretreatment of E.T.F.. In addition, a microscreen screen must be installed on the front end of the excretory treatment unit. to separate non-water-soluble materials, and it is necessary to secure a maintenance space for the excretory treatment unit.

Seismic Reliability Assessment of the Korean 345 kV Electric Power Network considering Parallel Operation of Transformers (변압기의 병렬 운전을 고려한 국내 345kV 초고압 전력망의 지진 재해 신뢰성 평가)

  • Park, Won-Suk;Park, Young-Jun;Cho, Ho-Hyun;Koh, Hyun-Moo
    • Journal of the Earthquake Engineering Society of Korea
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    • v.10 no.3 s.49
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    • pp.13-20
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    • 2006
  • Substations in electric power transmission network systems (EPTS) operate using several transformers in parallel to increase the efficiency in terms of stability of energy supply. We present a seismic reliability assessment method of EPTS considering the parallel operation of transformers. Two methods for damage state model are compared in this paper: bi-state and multi-damage model. Simulation results showed that both models yielded similar network reliability indices and the reliability indices of the demand nodes using hi-state model exhibited higher damage probability. Particularly, the corresponding EENS (Expected Energy Not Supplied) index was significantly larger than that of the multi-damage state.

Feasibility Study on Technology Status Level and Location Conditions of Urban Mining Industry in Abandoned Mine Area (도시광산 산업의 현황수준 및 폐광지역 입지여건 타당성 연구)

  • Ko, Ilwon;Park, Joo-Hyun;Park, Jae-Hyun;Yang, In-Jae;Lee, Seung-Ae;Kim, Dae-Yeop;Kim, Su-Ro
    • Journal of the Korean Society of Mineral and Energy Resources Engineers
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    • v.55 no.6
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    • pp.553-563
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    • 2018
  • In this study, the location conditions and optimal technologies required for creating urban municipalities that can utilize the space in an abandoned mine area, where there is no infrastructure related to recycling wastes and valuable metals, are investigated. The urban mining industry deals with mineral resources through the processing of high value-added industrial by-products and wastes, and it is a useful linkage industry for the development of mineral resources and prevention of mining hazards. Urban mining technologies targeted at the abandoned mine area constitute screening, extraction, and smelting for recycling waste products. By analyzing the technologies available, an industrial network can be developed for recycling waste batteries and catalysts, which are promising raw materials. It is also important to establish an appropriate location for related industries that can generate value-added resources, rather than the resource supply and demand conditions seen in general urban mines. In order to overcome the accessibility and infrastructure limitations, the economic foundation of the abandoned mine area should consider the linkage of raw material supply, key technologies for recycling useful mineral resources that are derived from urban mines, spatial and site conditions, and industrial characteristics.

Economic Evaluation of Rare Earth Elements Contained in Coal Ash (석탄재에 포함된 희토류의 경제성 평가)

  • Kim, Youngjin;Kim, Seunghyun;Lee, Jaeryeong
    • Resources Recycling
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    • v.28 no.6
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    • pp.26-35
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    • 2019
  • This study aims to introduce and economical review on the possibilities of rare earth elements(REEs) recovery from coal ashes and the analysis of economical evaluation factors based on the data for securing domestic rare earth elements. The cut-off grade of REEs on recovering from coal ash was confirmed to be 1,000 ppm on total rare earth oxides(TREO) basis, and while the economic value of coal ash changed with contents and specific elements of rare earth elements. This shall be resulted in the price differences of rare earth elements required by the current industry, and it probably varies depending on the future demand of rare earth components. For developing of commercial recovery technology on REEs in coal ashes, many researches have been carried out by various analyzing methods, such as evaluation of holding value of REEs in ashes, assessment between supply and demand of industry, comparison of investment and its profitability for the REEs's production from coal ashes, and so on. Although these methods have been suggested, its recovery system with economical feasibility could not been confirmed up to present. In this reason, the process design of recovering REEs from coal ash shall be researched continuously to solve the problems of the global rare earth market. And also these researches shall be conducted actively in Korea for the purpose of securing the REEs resources and their recovering technologies.

A Study on the Power Supply and Demand Policy to Minimize Social Cost in Competitive Market (경쟁시장 하에서 사회적 비용을 고려한 전력수급정책 방향에 관한 연구)

  • Kwon, Byung-Hun;Song, Byung Gun;Kang, Seung-Jin
    • Environmental and Resource Economics Review
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    • v.14 no.4
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    • pp.817-838
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    • 2005
  • In this paper, the resource adequacy as well as the optimum fuel mix is obtained by the following procedures. First, the regulation body, the government agency, determine the reliability index as well as the optimum portfolio of the fuel mix during the planning horizon. Here, the resources with the characteristics of public goods such as demand-side management, renewable resources are assigned in advance. Also, the optimum portfolio is determined by reflecting the economics, environmental characteristics, public acceptance, regional supply and demand, etc. Second, the government announces the required amount of each fuel-type new resources during the planning horizon and the market participants bid to the government based on their own estimated fixed cost. Here, the government announces the winners of the each auction by plant type and the guaranteed fixed cost is determined by the marginal auction price by plant type. Third, the energy market is run and the surplus of each plant except their cost (guaranteed fixed cost and operating cost) is withdrew by the regulatory body. Here, to induce the generators to reduce their operating cost some incentives for each generator is given based on their performance. The performance is determined by the mechanism of the performance-based regulation (PBR). Here the free-riding performance should be subtracted to guarantee the transparent competition. Although the suggested mechanism looks like very regulated one, it provides two mechanism of the competition. That is, one is in the resource construction auction and the other is in the energy spot market. Also the advantages of the proposed method are it guarantee the proper resource adequacy as well as the desired fuel mix. However, this mechanism should be sustained during the transient period of the deregulation only. Therefore, generation resource planning procedure and market mechanisms are suggested to minimize possible stranded costs.

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A Study on the Climate Change and the Policy of Natural Gas Exploitation on the Arctic Region (기후변화와 북극 유·가스전 개발에 관한 연구)

  • Kim, Boyoung;Ryu, Siho;Park, Yonhe
    • Environmental and Resource Economics Review
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    • v.18 no.4
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    • pp.787-813
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    • 2009
  • Because of global warming, the thawing of the Arctic ice cap is slowly accelerating. That is the hot issue nowadays. According to the each country's climate change policy, it is boom in the world to lessen the consuming of the fossil fuel those are oil, coal and natural gas. But on the contrary the thawing of the Arctic ice cap is the chance to make the natural gas producing unit cost lower. The purpose of this paper is to search the Arctic policy of each country under the contradictory relationship between promoting the climate change policy and exploiting the natural gas on the Arctic. Specially, there are huge natural gas reserves in Russia on the Arctic region, Russia's exploiting the natural gas on the Arctic will affect on the natural gas supply-demand balance of world natural gas market strongly in the future. Therefore it needs to prepare the future energy alternative policy for Korea's energy security. Russia has Yamal Peninsular where is abundant on natural gas reserver, and she can supply natural gas by LNG ship all over the world via the Arctic route. This means that the structure of world natural gas market be changed gradually. It will be possible in 2030~2040. And such a change is very important because new natural gas trading type can do it through not only overcoming the geological restriction but also shifting the main trading type from PNG(Pipeline Natural Gas) to LNG(Liquified Natural Gas). Therefore it is necessary that we should let this be a good lesson to ourselves through the government action of other countries (China, Japan) those also have no sovereignty over the Arctic as Korea.

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Forecasting daily peak load by time series model with temperature and special days effect (기온과 특수일 효과를 고려하여 시계열 모형을 활용한 일별 최대 전력 수요 예측 연구)

  • Lee, Jin Young;Kim, Sahm
    • The Korean Journal of Applied Statistics
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    • v.32 no.1
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    • pp.161-171
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    • 2019
  • Varied methods have been researched continuously because the past as the daily maximum electricity demand expectation has been a crucial task in the nation's electrical supply and demand. Forecasting the daily peak electricity demand accurately can prepare the daily operating program about the generating unit, and contribute the reduction of the consumption of the unnecessary energy source through efficient operating facilities. This method also has the advantage that can prepare anticipatively in the reserve margin reduced problem due to the power consumption superabundant by heating and air conditioning that can estimate the daily peak load. This paper researched a model that can forecast the next day's daily peak load when considering the influence of temperature and weekday, weekend, and holidays in the Seasonal ARIMA, TBATS, Seasonal Reg-ARIMA, and NNETAR model. The results of the forecasting performance test on the model of this paper for a Seasonal Reg-ARIMA model and NNETAR model that can consider the day of the week, and temperature showed better forecasting performance than a model that cannot consider these factors. The forecasting performance of the NNETAR model that utilized the artificial neural network was most outstanding.

Feasibility Study of Methanesulfonic Acid (MSA), an Alternative Lixiviant to Improve Conventional Sulfuric Acid Leaching of NCM Black Mass (NCM Black Mass 황산침출 개선을 위한 대체침출제 메탄술폰산의 적용가능성 연구)

  • Hyewon Jung;Jeseung Lee;Ganghoon Song;Minseo Park;Junmo Ahn
    • Resources Recycling
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    • v.33 no.1
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    • pp.58-68
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    • 2024
  • Critical minerals such as nickel, cobalt and lithium, are known as materials for cathodic active materials of lithium ion batteries. The consumption of the minerals is expected to grow with increasing the demands of electric vehicles, resulting from carbon neutrality. Especially, the demand for LIB (lithium ion battery) recycling is expected to increase to meet the supply of nickel, cobalt and lithium for LIB. The recycling of EOL (end-of-life) LIB can be achieved by leaching EOL LIB using inorganic acid such as HCl, HNO3 and H2SO4, which are regarded as hazardous materials. In the present study, the potential use of MSA (Methanesulfonic acid), as an alternative lixiviant replacing sulfuric acid was investigated. In addition, leaching behaviors of NCM black mass leaching with MSA was also investigated by studying various leaching factors such as chemical concentration, leaching time, pulp density (P/D) and temperatures. The leaching efficiency of nickel (Ni), cobalt (Co), lithium (Li), and manganese (Mn) from LIB was enhanced by increasing concentration of lixiviant and reductant, leaching time and temperature. The maximum leaching of the metals was above 99% at 80℃. In addition, MSA can replace sulfuric acid to recover Ni, Co, Li, Mn from NCM black mass.

A Study on the Integration Costs in Korean Electric System in Accordance with Increasing Solar and Wind Power Generation (태양광·풍력 발전 증가에 따른 한국의 전력시스템 내 통합비용에 관한 연구)

  • Kim, Doo Chun;Kim, Kwang Jin;Park, Jung Gu
    • Journal of Energy Engineering
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    • v.28 no.3
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    • pp.42-54
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    • 2019
  • The solar and wind power is spreading as a means to $CO_2$ reduction, but it has the characteristics of the volatility depending on the weather changes. This article aims to estimate the additional integration costs in Korea electric system in response to such volatility of increasing solar and wind power generation, using Korea electric power trading analyzer(KEPTA). The analysis utilizes the statistics of "8th Basic Plan for Long-term Electricity Supply and Demand" and "Renewable Energy Plan 3020". As the results, integration costs will be estimated 13.94Won/kWh~32.55Won/kWh, consisting of 8.94Won/kWh as back-up costs, 1.03Won/kWh~4.45Won/kWh as balancing costs, and 3.97Won/kWh~19.16Won/kWh as grid-costs. These results suggest that when the integration costs are secured, Korea electric system will be expected in the stable situation. This article leaves the further studies with taking the technological development of solar and wind power generation, the introduction of energy storage system, and wholesale price of electricity into consideration.