• Title/Summary/Keyword: Fuel Cycle Costs

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LCOE Assessment of Major Power Generation Technologies Reflecting Social Costs (사회적 비용을 고려한 국내 주요 발전기술의 균등화발전비용 산정)

  • Cho, Young-Tak;Seok, Kwanghoon;Park, Jong-Bae
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.67 no.2
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    • pp.179-185
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    • 2018
  • A considerable cost gap between three major power generation technologies, namely nuclear, coal, and combined cycle gas turbine (CCGT), has been a well-established fact in the Korean electricity market. Alternatively, this paper analyzes the levelized costs of electricity (LCOE) of the three technologies reflecting overall social costs of electricity generation including accident risk, $CO_2$ emission, and air pollution damage. The paper unveils to what extent current discriminative subsidies on fuels regarding the social costs, mostly through tax exemptions, affect economic competitiveness of the technologies. In particular, it finds relative positions of coal and CCGT could be altered depending on appreciation level of the social costs. It has limits in analyzing fixed costs of the technologies, however, due to limited data availability of nuclear power, and suggests further studies on the issue.

External Cost Assessment for Nuclear Fuel Cycle (핵연료주기 외부비용 평가)

  • Park, Byung Heung;Ko, Won Il
    • Journal of Nuclear Fuel Cycle and Waste Technology(JNFCWT)
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    • v.13 no.4
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    • pp.243-251
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    • 2015
  • Nuclear power is currently the second largest power supply method in Korea and the number of nuclear power plants are planned to be increased as well. However, clear management policy for spent fuels generated from nuclear power plants has not yet been established. The back-end fuel cycle, associated with nuclear material flow after nuclear reactors is a collection of technologies designed for the spent fuel management and the spent fuel management policy is closely related with the selection of a nuclear fuel cycle. Cost is an important consideration in selection of a nuclear fuel cycle and should be determined by adding external cost to private cost. Unlike the private cost, which is a direct cost, studies on the external cost are focused on nuclear reactors and not at the nuclear fuel cycle. In this research, external cost indicators applicable to nuclear fuel cycle were derived and quantified. OT (once through), DUPIC (Direct Use of PWR SF in CANDU), PWR-MOX (PWR PUREX reprocessing), and Pyro-SFR (SFR recycling with pyroprocessing) were selected as nuclear fuel cycles which could be considered for estimating external cost in Korea. Energy supply security cost, accident risk cost, and acceptance cost were defined as external cost according to precedent and estimated after analyzing approaches which have been adopted for estimating external costs on nuclear power generation.

Exhaust Emissions Characteristics on Driving Cycle Mode and Ignition Advance Condition Change of CNG/LPLI Bi-Fuel Vehicle (CNG/LPLI Bi-Fuel 자동차에서 주행시험 모드와 점화진각에 따른 배출가스 특성)

  • Cho, Seungwan;Kim, Seonghoon;Kwon, Seokjoo;Park, Sungwook;Jeon, Chunghwan;Seo, Youngho
    • Journal of ILASS-Korea
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    • v.19 no.1
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    • pp.40-46
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    • 2014
  • Recently rise in oil prices feet the burden on not only diesel vehicle driver but also LPG vehicle driver, and get interested in various way to reduce fuel costs. In this study discuss on exhaust emissions characteristics on driving cycle mode and ignition advance condition change of CNG/LPLI Bi-Fuel vehicle. Experimental test was performed by changing the conditions of fuel (LPG/CNG), spark advance (Base, $10^{\circ}CA$, $15^{\circ}CA$), and driving mode (FTP-75, HWFET, and NEDC). In case of CO emission, in the order of CNG Base, CNG S/A10, S/A15 condition are average reduced -21%, -35%, -29% respectively compared to LPG fuel. The active emission reduction from the initial engine start, spark retard is likely to be beneficial in catalyst warm-up and improve combustion stability rather than spark advance.

A central facility concept for nuclear microreactor maintenance and fuel cycle management

  • Faris Fakhry;Jacopo Buongiorno;Steve Rhyne;Benjamin Cross;Paul Roege;Bruce Landrey
    • Nuclear Engineering and Technology
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    • v.56 no.3
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    • pp.855-865
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    • 2024
  • Commercial deployment of nuclear microreactors presents an opportunity for the industry to rethink its approach to manufacturing, siting, operation and maintenance, and fuel cycle management as certain principles used in grid-scale nuclear projects are not applicable to a decentralized microreactor economy. The success of this nascent industry is dependent on its ability to reduce infrastructure, logistical, regulatory and lifecycle costs. A utility-like 'Central Facility' that consolidates the services required and responsibilities borne by vendors into one or a few centralized locations will be necessary to support the deployment of a fleet of microreactors. This paper discusses the requirements for a Central Facility, its implications on the cost structures of owners and suppliers of microreactors, and the impact of the facility for the broader microreactor industry. In addition, this paper discusses the pre-requisites for eligibility as well as the opportunities for a Central Facility host site. While there are many suitable locations for such a capability across the U.S., this paper considers a facility co-located with the Vogtle Nuclear Power Plant and Savannah River Sites to illustrate how a Central Facility can leverage the existing infrastructure and stimulate a local ecosystem.

Performance Analysis of fuelcell/Battery Hybrid vehicles (연료전지/축전지 복합 동력원 연계 성능 해석)

  • Lee, Bong-Do;Lee, Won-Yong;Han, Soo-Bin;Shin, Dong-Ryul
    • Proceedings of the KIEE Conference
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    • 1999.07g
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    • pp.3141-3143
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    • 1999
  • Fuel cell systems offer high energy efficiencies for transportation application. In addition, they can use alcohols and alternative fuels as the fuel, while producing little or no noxious emissions. Fuel cell-powered energy source should be competitive in performance characteristics and in capital and maintenance costs with internal combustion engine systems. From computer simulation program, battery and fuel cell energy output and total power profile, motor power, battery energy output, fuel cell energy output. It simulates the performance of fuelcell/battery powered energy source operation over any user inputted transit route cycle, and provides performance criteria through user specifications for preliminary design consideration.

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HIGH BURNUP FUEL ISSUES

  • Rudling, Peter;Adamson, Ron;Cox, Brian;Garzatolli, Friedrich;Strasser, Alfred
    • Nuclear Engineering and Technology
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    • v.40 no.1
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    • pp.1-8
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    • 2008
  • One of the major current challenges to nuclear energy lies in its competitiveness. To stay competitive the industry needs to reduce maintenance and fuel cycle costs, while enhancing safety features. Extended burnup is one of the methods applied to meet these objectives However, there are a number of potential fuel failure causes related to increased burnup, as follows: l) Corrosion of zirconium alloy cladding and the water chemistry parameters that enhance corrosion; 2) Dimensional changes of zirconium alloy components, 3) Stresses that challenge zirconium alloy ductility and the effect of hydrogen (H) pickup and redistribution as it affects ductility, 4) Fuel rod internal pressure, 5) Pellet-cladding interactions (PCI) and 6) pellet-cladding mechanical interactions (PCMI). This paper discusses current and potential failure mechanisms of these failure mechanisms.

The impact study on fuel economy of electric vehicle according to the test mode characteristics (시험모드 특성이 전기자동차의 에너지소비효율에 미치는 영향 연구)

  • Noh, Kyeong-Ha;Lim, Jae-Hyuk;Kim, Sung-Woo;Kim, Ki-ho;Ha, Jong-Han;Oh, Sang-Gi
    • Journal of Power System Engineering
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    • v.19 no.6
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    • pp.39-46
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    • 2015
  • With rising fuel costs and the depletion of fossil fuels, electric vehicles of high efficiency has been increasing interest. although high-performance battery continually is developing, Electric vehicles is not satisfied with the characteristics of the environment. In this study, By using the current fuel economy testing methods(5-cycle test), until the fully discharged battery electric vehicles is evaluated for a variety of environmental and operating conditions. As a result, Electric vehicles showed a low energy consumption efficiency in low temperature and rapid acceleration, deceleration in the operating environment compared with normal temperature.

Economic Assessment on an Integrated system of Phosphoric Acid Fuel Cell and Organic Rankine Cycle (인산형 연료전지와 유기랭킨사이클 연계시스템에 대한 경제성 평가)

  • Kim, Deug Soo;Yoo, Hoseon
    • Plant Journal
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    • v.18 no.1
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    • pp.43-49
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    • 2022
  • In this study, the operational characteristics of the 7.48 MW fuel cell power plant consisting of 17 units of 440 kW Phosphoric Acid Fuel Cell (PAFC) in operation since its commercial operation in December 2017 were explained and the heat recovery process of the plat using Organic Rankine Cycle (ORC)was simulated. The fuel cell system performance improvement and economic assessment were analyzed by calculating the amount of heat recovery and electric power available when connecting a 125 kW XLT Model ORC for hot water heat sources with 105℃, 40.8 t/h. The result of the study shows that integrating the 125 kW ORC to PAFC power plant would improve generating efficiency by about 0.6% through annually 851,472 kWh of electricity produced by ORC, and fuel cell and ORC integrated systems were calculated to have a 0.35% higher Internal Return Ratio and more Net Present Value of 1,249 million KRW than not installing ORC despite installation costs.

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Bio-Jet Fuel Production Technologies for GHG Reduction in Aviation Sector (항공분야 온실가스 감축을 위한 바이오항공유 제조기술)

  • KIM, JAE-KON;PARK, JO YONG;YIM, EUI SOON;MIN, KONG-IL;PARK, CHEON-KYU;HA, JONG-HAN
    • Journal of Hydrogen and New Energy
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    • v.26 no.6
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    • pp.609-628
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    • 2015
  • Thie study presents the biomass-derived jet (bio-jet) fuel production technologies for greenhouse gas (GHG) reduction in aviation sector. The aviation sector is responsible for the 2% of the world anthropogenic $CO_2$ emissions and the 10% of the fuel consumption: airlines' costs for fuel reach 30% of operating costs. In addition, the aviation traffic is expected to double within 15 years from 2012, while fuel consumption and $CO_2$ emissions should double in 25 years. Biojet fuels have been claimed to be one of the most promising and strategic solutions to mitigate aviation emissions. This jet fuel, additionally, must meet ASTM International specifications and potentially be a100% drop-in replacement for current petroleum jet fuel. In this study, the current technologies for producing renewable jet fuels, categorized by alcohols-to-jet, oil-to-jet, syngas-to-jet, and sugar-to-jet pathways are reviewed for process, economic analysis and life cycle assessment (LCA) on conversion pathways to bio-jet fuel.

A Comparative Study on the Economics of Reprocessing and Direct Disposal of Nuclear Spent Fuel (사용후 핵연료의 제처리와 직접 처분의 경제성 비교 연구)

  • Kang, Seong-Ku;Song, Jong-Soon
    • Journal of Radiation Protection and Research
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    • v.25 no.2
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    • pp.89-96
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    • 2000
  • Nuclear fuel cycle choices and costs are important in considering energy policies, fuel diversity, security of supply and associated social and environmental impacts. Particularly, the nuclear spent fuel is very important in view of high activity and the need of long term management. This study focuses on the comparison of reprocessing and direct disposal of nuclear spent fuel in terms of cost, safety and public acceptability. The results of the study show that the direct disposal is about 7% more economical than the reprocessing. In terms of safety, the results show that the risk of vitrified HLW (high-level radioactive waste) is less than directly disposed spent fuel. For the public acceptability, both of the methods are not well understood and therefore they are not accepted. In conclusion, it is necessary to guarantee the safety of the both spent fuel processing methods through continuous development of associated technology and to have a fuel cycle policy which should consider not only the economics but also social and environmental impacts.

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