• Title/Summary/Keyword: Power economics

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A Study on Willingness to Pay for Nuclear Energy Tax using Choice Experiment (원자력 발전 신규 조세 도입에 대한 지불의사액 추정 연구)

  • Hojeong Park;Sung Jin Cho
    • Environmental and Resource Economics Review
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    • v.31 no.4
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    • pp.531-559
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    • 2022
  • It is necessary to study the need for introduction of nuclear energy tax in Korea to internalize the externality cost of nuclear power and to make more balanced taxation system considering LNG and coal power. This study adopts choice experiment method to estimate the willingness to pay (WTP) for possible new tax on nuclear power. The finding is that the tax on nuclear fuel is more preferable to other tax base with KRW2.19/kWh of WTP, compared to KRW1.46/kWh for nuclear waste. The WTP for using the tax revenue to facilitate economic activity is KRW6.39/kWh compared to KRW6.12/kWh of WTP for funding climate change investment. The finding suggests that the design of nuclear power taxation needs to focus more on the use of tax revenue than on the choice of tax base.

A Study on Fabric Adhesive Interlining (1) (직물접착심지에 관한 연구(I))

  • Cho, Cha
    • Journal of the Korean Home Economics Association
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    • v.29 no.2
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    • pp.35-46
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    • 1991
  • After adhering theone-sided non-woven adhesive interlining to the polyester/cotton fabrics and making experiments under the various conditions by L27 Orthogonal Array Table, we examined and analyzed the breaking away strength. The rusults are summarized as follows : 1. The best length of the adhering time is 15 secs. 2. As the adehesive interlining for blouse and jacket, B3 is best 3. The pressure for the adhesion is best under the pressure of 6.2Kg. 4. The temperature for the adhesion is best at 140$^{\circ}C$. 5. As for the direction of the adhesion, three directions appear much the same breaking away strength. 6. For the better adhesion power, if the less adhering power, if the less adhering pressure is applied, the adhering time must be extended(15-20 secs), and if much stronger adhering pressure is applied, the time must be shortened(10-15 secs). In general, it is the best way for the adhesion to apply under the pressure of 6.2Kg, for 15 secs long, and at 140$^{\circ}C$ of the adhering temperature.

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Multimedia Educational Material and Remote Laboratory for Sliding Mode Control Measurements

  • Takarics, Bela;Sziebig, Gabor;Solvang, Bjorn;Koro, Peter
    • Journal of Power Electronics
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    • v.10 no.6
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    • pp.635-642
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    • 2010
  • The paper presents a multimedia educational program of DC servo drives for distant learning with a special emphasis on sliding mode control. The program contains of three parts: animation, simulation and internet based measurement. The animation program explains the operation of DC motors, gives its time- and frequency-domain equations, transfer functions and the theoretical background necessary for controller design for DC servo motors. The simulation model of the DC servo motor and the controller can be designed by the students based on the animation program. The students can also test their controllers through the internet based measurement, which is the most important part from engineering point of view. After the measurements are executed, the students can download the measured data and compare them to the simulation results.

Comparison of Cost-Efficiency of Nuclear Power and Renewable Energy Generation in Reducing CO2 Emissions in Korea (원자력 및 신재생에너지 발전의 CO2 감축 비용 효율성 비교)

  • Lee, Yongsung;Kim, Hyun Seok
    • Environmental and Resource Economics Review
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    • v.30 no.4
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    • pp.607-625
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    • 2021
  • The objective of this study is to estimate the relationship between CO2 emissions and both nuclear power and renewable energy generation, and compare the cost efficiencies of nuclear power and renewable energy generation in reducing CO2 emissions in Korea. The results show that nuclear power and renewable energy generation should be increased by 1.344% and 7.874% to reduce CO2 emissions by 1%, respectively. Using the estimated coefficients and the levelized costs of electricity by source including the external costs, if the current amount of electricity generation is one megawatt-hour, the range of generation cost of nuclear power generation to reduce 1% CO2 emissions is $0.72~$1.49 depending on the level of external costs. In the case of renewable energy generation, the generation cost to reduce 1% CO2 emissions is $6.49. That is, to mitigate 1% of CO2 emissions at the total electricity generation of 353 million MWh in 2020 in Korea, the total generation costs range for nuclear power is $254 million~$526 million for the nuclear power, and the cost for renewable energy is $2.289 billion for renewable energy. Hence, we can conclude that, in Korea, nuclear power generation is more cost-efficient than renewable energy generation in mitigating CO2 emissions, even with the external costs of nuclear power generation.

OECD/NEA STUDY ON THE ECONOMICS AND MARKET OF SMALL REACTORS

  • Lokhov, Alexey;Cameron, Ron;Sozoniuk, Vladislav
    • Nuclear Engineering and Technology
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    • v.45 no.6
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    • pp.701-706
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    • 2013
  • According to the OECD/NEA estimates, nuclear power plants (NPPs), whether with a large reactor or with small modular reactors (SMRs), are competitive with many other electricity generation technologies in a significant number of cases, one of the exceptions being natural gas in the USA with the current level of prices. However, SMRs have particular features and requirements setting conditions for their deployment. This paper presents the preliminary analysis by OECD/NEA of the economics, opportunities, and market for small nuclear reactors.

Impact Analysis of the Power Generation Capacities of New and Renewable Energy on Peak Electricity Supply (신·재생에너지 전원이 피크타임 전력 공급에 미치는 영향)

  • Kim, Suduk;Kim, Yungsan
    • Environmental and Resource Economics Review
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    • v.15 no.2
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    • pp.269-296
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    • 2006
  • With the concern of the potential problems which can be observed in terms of the power supply of renewable energies, we need to analyze the impact of additional power generation capacities of renewable energy sources on peak load. Each renewable energy sources are dependent upon wind speed, solar radiation, head differences caused by lunar calendar. Considering that these exogenous renewable energy sources follow their own stochastic distributions, we analyze the probability distribution of the impact of each renewable energy power supply on peak load. As a conclusion, we note that traditional tools used for the analysis of power supply such as capacity factors are no longer appropriate for the analysis of renewable energy sources in that perspective.

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A Study on Commercial Power of Traditional Market

  • Baik, Key-Young;Youn, Myoung-Kil
    • East Asian Journal of Business Economics (EAJBE)
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    • v.4 no.2
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    • pp.1-11
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    • 2016
  • This study investigated commercial power theory of traditional market through the analysis of literature review. Consumers' store selection models are made up a theory based on normative hypothesis, theory of mutual reaction, utility function estimation model, and cognitive-behavioral model. Detailed models are as follows. Normative hypothesis based theory is divided into Reilly's retail gratification theory and Converse's revised retail g ratification theory. Interaction theory is composed of Huff's probability gratification theory, MCI model and Multi-nominal Logit Model (MNL model). There are four models in retail organization position theory such as central place theories, single store position theory, multi store position - assign model, and retail growth potential model. In case of single store position theory, theoretical and empirical techniques have developed for a decision to optimum single store position. Those are like these, a check list, the most simple and systematic method, analogy, and microanalysis technique. Aforementioned models are theoretical and mathematical commercial power measurement and/or model. The study has rather limitations because the variation factors included in formula are only a part of actual commercial power. Therefore, further study shall be made continuously to commercial power areas and variables.

An Exploratory Study of Material Flow Cost Accounting: A Case of Coal-Fired Thermal Power Plants in Vietnam

  • NGUYEN, To Tam
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.5
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    • pp.475-486
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    • 2022
  • The purpose of this paper is to examine the use of material flow cost accounting (MFCA) in Vietnam's coal-fired thermal power plants. This study is based on the contingency and system theories to explain the application of management tools and analyze steps of input, output, and process in manufacturing. Costs in producing process-based MFCA include material cost, energy cost, system cost, and waste management cost. The exploratory case study methodology is used to describe and answer two questions, namely "How coal flow cost is recognized?" and "Why waste in material consumption can be harmful to the environment?". By analyzing the Quang Ninh and Pha Lai coal-fired thermal power plants that are the typical plants, this paper identifies the flow of primary material in these plants as a basis for determining losses for the business. The material flow of coal-fired thermal power plants provides the basis for the use of the MFCA. The manufacturing of electrical items in these plants is divided into four stages, each with its own set of losses. As a result, some phases in the application of MFCA are suggested, as well as some other elements required for MFCA application in coal-fired thermal power plants.

Nuclear Safety Analysis with the Performance of NPPs (원전운전지표를 이용한 원전의 안전성 변화 분석)

  • Park, Wooyoung
    • Environmental and Resource Economics Review
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    • v.26 no.2
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    • pp.139-172
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    • 2017
  • Nuclear safety measures such as safety technology, culture, and regulation affects nuclear performances. This paper analyzes the change of nuclear performance by considering nuclear safety measures. Nuclear performance and technical data ranging 1970 to 2015 are collected from the Power Reactor Information System (PRIS) of IAEA. The result of panel regression analysis shows that overall engineering level, maintenance engineering and productivity decrease the forced loss rate (FLR). FLR structurally increase after Chernobyl accident in 1986 whereas after TMI and Fukushima accidents FLR didn't show any significant changes. The structural increase of FLR after Chernobyl are likely to result from the efforts of international communities for nuclear safety culture which makes nuclear operating company pay more opportunity cost to achieve nuclear safety.

The Influence of Relationship Benefit Perception and Relationship Quality on Relationship Intention of Fashion Consumers: Focusing on the Multi-Loyal Relations (패션상품 소비자의 관계혜택지각과 관계본질이 관계유지의도에 미치는 영향: 다면적 충성대상에 따른 영향력의 차이를 중심으로)

  • Moon, Hee-Kang;Rhee, Eun-Young
    • Journal of the Korean Home Economics Association
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    • v.48 no.3
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    • pp.15-30
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    • 2010
  • The objective of this study is to identify the relationship quality and relationship benefit, which has greater explanatory power in predicting fashion consumers' future loyalty. This study is particularly interested in the different explanatory power of each relationship quality with various relationship partners of fashion consumers. The participants were 507 female consumers over 20 years old and they responed questionnaire. The result showed that relationship quality types and relationship benefits having greater explanatory power in predicting consumers' loyal relationship intention varied with multi-loyal relations. Consumers' intention to be loyal to an apparel brand and apparel company was more explained by self attachment than by any other relationship quality types, whereas the intention to be loyal to specific department store was predicted by low involved relationship quality types such as habitual alternative and compensational bind. Trusted intimacy was the only relationship quality type that was significant in predicting consumers' intention to be loyal to salesperson in the future. Among relationship benefits, the influence of convenience benefit was significant in predicting consumers' future loyalty in most relations.