• Environmental and Resource Economics Review
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• v.27 no.4
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• pp.613-637
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• 2018

Fuel cell power plant which has advantages as a distributed generation is influenced by high cost of investment and uncertainty of electricity price. This study suggests the model of real options which considers the irreversibility of investment in the fuel cell plant and the uncertainty of electricity price. Most models of real options assume the geometric Brownian motion for convenience, but this study develops the model for the feasibility analysis considering the mean reverting process of electricity price, with the closed form solution on the value of investment option. The result of the empirical analysis considering the data related to the fuel cell generation with the scale of 20MW and the domestic RPS circumstance represents that the investment is feasible without the uncertainty, and is not feasible with the uncertainty. This result implies that the political support as well as the improvement of profit system including revenue and cost are necessary for the activation of the fuel cell power plant.

• Journal of Energy Engineering
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• v.6 no.2
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• pp.170-175
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• 1997

An experimental study was carried out with the Mock-up made for the improved water level control of the steam generator in nuclear power plant and for the confirmation of swell/shrink status of the water level by opening and closing the steam dump valve. We can confirmed the possibility of using the Mock-up by introducing the PI controller and the FUZZY controller. Accordingly, we can confirmed that the practical usability of advanced controllers, which will be developed for the improved water level control of the steam generator in nuclear power plant by using the Mock-up.

• Particle and aerosol research
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• v.13 no.4
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• pp.173-182
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• 2017

An Eulerian-Lagrangin approach is used to compute particle dispersion from a power plant chimney. For air flow, three-dimensional incompressible filtered Navier-Stokes equations are solved with a subgrid-scale model by integrating the Newton's equation, while the dispersed phase is solved in a Lagrangian framework. The velocity ratios between crossflow and a jet of 0.455 and 0.727 are considered. Flow fields and particle distribution of both cases are evaluated and compared. When the velocity ratio is 0.455, it demonstrates a Kelvin-Helmholtz vortex structure above the chimney caused by the interaction between crossflow and a jet, whereas the other case shows flow structures at the top of the chimney collapsed by fast crossflow. Also, complex wake structures cause different particle distributions behind the chimney. The case with the velocity ratio of 0.727 demonstrates strong particle concentration at the vortical region, whereas the case with the velocity ratio of 0.455 shows more dispersive particle distribution. The simulation result shows similar tendency to the experimental result.

• Journal of Energy Engineering
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• v.24 no.3
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• pp.67-73
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• 2015

Almost base-loaded power plants such as flaming coal and nuclear energy require large-scale transmission facilities (LTFs) in order to send electricity to remote consumption areas. As well known, LTFs incur various social costs. However, a decentralized generation source such as integrated energy business (IEB)-based combined heat and power (CHP) plant is located in nearby electricity-consuming area, and thus it does not demand LTFs, providing the benefits from avoiding the damages caused by them. This study attempts to measure the benefits of avoiding the damages from the LTFs by the use of the contingent valuation (CV) method. To this end, a national survey of randomly chosen 1,000 households was implemented and the public's willingness to pay (WTP) for substituting consumption of electricity generated from flaming coal-fired power plant, currently a dominant generation source in Korea, with that produced from IEB-based CHP plant. The results show that the WTP for the substitution is estimated to be about 41.4 won per kWh. Considering that this value amounts to 33% of the average price of residential electricity in 2014, the external benefit of the IEB-based CHP as a decentralized generation appears to be large.

• Proceedings of the Korean Society of Crop Science Conference
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• 2022.10a
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• pp.75-75
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• 2022

Traditional agriculture mostly focused on activity in the field, but current agriculture faces problems such as reduction of agricultural inputs, labor shortage and so on. Accordingly, traditional agricultural experiments generally considered the simple treatment effects, but current agricultural experiments need to consider the several and complicate treatment effects. To analyze such several and complicate treatment effects, data collection has the first priority. Remote sensing is a quite effective tool to collect information in agriculture, and recent easier availability of UAVs (Unmanned Aerial Vehicles) enhances the effectiveness. LAI (Leaf Area Index) is one of the most important information for evaluating the condition of crop growth. In this study, we utilized UAV with multispectral camera to evaluate plant-based LAI of sweetcorn in a small-scale field experiment and discussed the feasibility of a new experimental design to analyze the several and complicate treatment effects. The plant-based SR measured by UAV showed the highest correlation coefficient with LAI measured by a canopy analyzer in 2018 and 2019. Application of linear mix model showed that plant-based SR data had higher detection power due to its huge number of data although SR was inferior to evaluate LAI than the canopy analyzer. The distribution of plant-based data also statistically revealed the border effect in treatment plots in the traditional experimental design. These results suggest that remote sensing with UAVs has the advantage even in a small-scale experimental plot and has a possibility to provide a new experimental design if combined with various analytical applications such as plant size, shape, and color.

• Nuclear Engineering and Technology
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• v.48 no.3
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• pp.624-634
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• 2016

Nuclear criticality safety analyses (NCSAs) considering burnup credit were performed for the GBC-32 cask. The used nuclear fuel assemblies (UNFAs) discharged from Hanbit Nuclear Power Plant Unit 3 Cycle 6 were loaded into the cask. Their axial burnup distributions and average discharge burnups were evaluated using the DeCART and Multi-purpose Analyzer for Static and Transient Effects of Reactors (MASTER) codes, and NCSAs were performed using SCALE 6.1/STandardized Analysis of Reactivity for Burnup Credit using SCALE (STARBUCS) and Monte Carlo N-Particle transport code, version 6 (MCNP 6). The axial burnup distributions were determined for 20 UNFAs with various initial enrichments and burnups, which were applied to the criticality analysis for the cask system. The UNFAs for 20- and 30-year cooling times were assumed to be stored in the cask. The criticality analyses indicated that $k_{eff}$ values for UNFAs with nonuniform axial burnup distributions were larger than those with a uniform distribution, that is, the end effects were positive but much smaller than those with the reference distribution. The axial burnup distributions for 20 UNFAs had shapes that were more symmetrical with a less steep gradient in the upper region than the reference ones of the United States Department of Energy. These differences in the axial burnup distributions resulted in a significant reduction in end effects compared with the reference.

• Journal of the Korean Solar Energy Society
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• v.28 no.5
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• pp.72-77
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• 2008

The purpose of this paper is to explain the real characteristics of generation system of large scale power system of high voltage the grid connected PV power system for electricity industry. Main system is made up PCS in the class 150kVA. and we studied commercial operation in Korea-Western Power Company,(Tae-An headquarter) with the capacity of module is 122.5 $kW_p$. On the average, power plant utilities' utilization is 12.71 percent and consumption rate is 6.66 percent. We operated normally since 25th, August 2005 without any other problems.

• Journal of The Institute of Information and Telecommunication Facilities Engineering
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• v.10 no.1
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• pp.40-45
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• 2011

As increasing the importance of renewable energy recently, the scale of a wind power plant is increasing to the number of GW scale and specially, it is trend to move from onshore to offshore to use the higher quantity and quality of wind. Consequently to meet the trend, it is largely considered the importance of communication protocol to control and monitor remotely. But, because the communication protocol between the control center and a wind turbine has been independently developed by each wind turbine vendor, it is absence of the compatibility and extensibility when the heterogeneous wind turbines are installed in the wind farm. The IEC 61400-25 is the specifying standard for these problems in Europe. In this paper, we will show the state of these problems and present a new structure of communication based on the IEC 61400-25 to get the compatibility and extensibility between a control center and wind turbines.

• Journal of the Korean Society of Systems Engineering
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• v.8 no.2
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• pp.47-55
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• 2012

Tsunami disaster, which ruined Japan Fukushima nuclear power plant sites in 2011 March, has raised not only the perception of that Tsunami and/or large scale flooding possibly surpass the design baselines for industry facilities and plants, but also the necessity to establish recovery system against flooding. This study suggests the framework for flooding and drainage system in compliance with flooding and drainage concept to define and identify requirements, functions, and components of the system with traceable relations. The framework with combination to CMMI engineering process is the base of corresponding high level system design.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.26 no.2
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• pp.46-54
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• 2003

SOC(Social Overhead Capital) projects such as road, power plant, airport or telecommunication facility construction require a large scale of cost, a long period of time and management of a number of sub-contractors. So systematic and efficient management tool in SOC projects is inevitable. Information system provides a valuable tool which can integrate and manage the large volume of information for SOC projects. This study investigates and analyzes the information system of nuclear power plant construction project. Based on this study, we can suggest the direction for designing information system for SOC projects.