• Title/Summary/Keyword: Power resource

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The Determinants of Attitudes toward Nuclear Power Plant : The Effects of Earthquake Experience and the Reduction in Electricity Charges (원전 유치에 대한 태도의 결정요인: 지진 경험의 영향 및 전기요금 감면 효과)

  • Kim, Jee Young;Oh, Hyungna
    • Environmental and Resource Economics Review
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    • v.27 no.1
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    • pp.139-160
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    • 2018
  • Using survey data of selected 1,349 individuals nationwide in Korea, we measure the influencing factors for the acceptance of nuclear power and estimates the probability of acceptance under several scenarios with different percentages of monetary compensation. Results of panel probit demonstrate that nuclear risk aversion tendency was found to be higher in case of female, younger age, past experience of extreme event such as an earthquake. However, the residents' residency nearby the nuclear power plant was not related to the risk-aversion tendency. In addition, we found that the nuclear acceptance is improved when the monetary compensation rate is increased. Although the policy demand intended to reduce GHG emissions in South Korea, the expansion of nuclear power is not be easy due to the occurrence of recent strong earthquakes because the risk attitude of an individual is influenced by subjective assessments formed through direct and indirect experiences of natural disasters such as an earthquake. Our results suggest that the opposition to construction of nuclear power plant is expected to be further intensified especially when combined with the experiences of threatening earthquakes. As a result, the debate and policy conflicts of nuclear power plants will consistently continue and large social costs are apparent for the acceptance of nuclear power plant.

Energy Transition Policy and Social Costs of Power Generation in South Korea (에너지 전환정책과 발전의 사회적 비용 -제7차와 제8차 전력수급기본계획 비교-)

  • Kim, Kwang In;Kim, Hyunsook;Cho, In-Koo
    • Environmental and Resource Economics Review
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    • v.28 no.1
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    • pp.147-176
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    • 2019
  • This paper uses research on the Levelized Cost of Electricity (LCOE) in South Korea to conduct a simulation analysis on the impact of nuclear power dependency and usage rates on the social costs of power generation. We compare the $7^{th}$ basic plan for long-term electricity supply and demand, which was designed to increase nuclear power generation, to the $8^{th}$ basic plan for long-term electricity supply and demand that decreased nuclear power generation and increased renewable energy generation in order to estimate changes in social costs and electricity rates according to the power generation mix. Our environmental generation mix simulation results indicate that social costs may increase by 22% within 10 years while direct generation cost and electricity rates based on generation and other production costs may increase by as much as 22% and 18%, respectively. Thus we confirm that the power generation mix from the $8^{th}$ basic plan for long-term electricity supply and demand compared to the $7^{th}$ plan increases social costs of generation, which include environmental external costs.

An Analysis of Changes in Power Generation and Final Energy Consumption in Provinces to Achieve the Updated Nationally Determined Contribution (NDC) (국가 온실가스 감축목표(NDC) 상향안 달성을 위한 17개 광역시도별 발전 및 최종에너지 소비 변화 분석)

  • Minyoung Roh;Seungho Jeon;Muntae Kim;Suduk Kim
    • Environmental and Resource Economics Review
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    • v.31 no.4
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    • pp.865-885
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    • 2022
  • Korean government updated her Nationally Determined Contribution (NDC) in 2021 and announced the target and various measures for reductions. Among the many issues, final energy demand and renewable energy power mix for 17 provinces to achieve the target are being analyzed using GCAM-Korea. Simulation results show that final energy demand of 2030 is approximated at the similar level to that of 2018. This is being enabled by the conservation of coal with higher electrification especially in industry sector. Higher power demand with lower coal consumption in final energy consumption is shown to be provided by 33.1% of renewable, 24.6% of gas, and 18.0% of nuclear power generation in 2030. Meanwhile, the share of coal-fired power generation is expected to be reduced to 12.8%. Major future power provider becomes Gyeongbuk (Nuclear), Gyeonggi (Gas), Jeonnam (Nuclear, Gas) and Gangwon (PV, Wind), compared to one of current major power provider Chungnam (Coal). This analysis is expected to provide a useful insight toward the national and provincial energy and climate change policy.

Estimating the Investment Value of Fuel Cell Power Plant Under Dual Price Uncertainties Based on Real Options Methodology (이중 가격 불확실성하에서 실물옵션 모형기반 연료전지 발전소 경제적 가치 분석)

  • Sunho Kim;Wooyoung Jeon
    • Environmental and Resource Economics Review
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    • v.31 no.4
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    • pp.645-668
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    • 2022
  • Hydrogen energy is emerging as an important means of carbon neutrality in the various sectors including power, transportation, storage, and industrial processes. Fuel cell power plants are the fastest spreading in the hydrogen ecosystem and are one of the key power sources among means of implementing carbon neutrality in 2050. However, high volatility in system marginal price (SMP) and renewable energy certificate (REC) prices, which affect the profits of fuel cell power plants, delay the investment timing and deployment. This study applied the real option methodology to analyze how the dual uncertainties in both SMP and REC prices affect the investment trigger price level in the irreversible investment decision of fuel cell power plants. The analysis is summarized into the following three. First, under the current Renewable Portfolio Standard (RPS), dual price uncertainties passed on to plant owners has significantly increased the investment trigger price relative to one under the deterministic price case. Second, reducing the volatility of REC price by half of the current level caused a significant drop in investment trigger prices and its investment trigger price is similar to one caused by offering one additional REC multiplier. Third, investment trigger price based on gray hydrogen and green hydrogen were analyzed along with the existing byproduct hydrogen-based fuel cells, and in the case of gray hydrogen, economic feasibility were narrowed significantly with green hydrogen when carbon costs were applied. The results of this study suggest that the current RPS system works as an obstacle to the deployment of fuel cell power plants, and policy that provides more stable revenue to plants is needed to build a more cost-effective and stable hydrogen ecosystem.

An Analysis of the Environmental Benefits of the Price Signal Recovery under the Current Electricity Tariff in Korea (국내 계약종별 전기요금 체계의 가격신호 회복에 따른 환경편익 분석)

  • Jae Yeob Kim;Yeonjei Jung
    • Environmental and Resource Economics Review
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    • v.31 no.4
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    • pp.909-930
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    • 2022
  • Although the electricity tariff for each customer class in Korea has an institutional basis which can be linked to cost fluctuations caused by the increase in fuel cost, there is a situation in which it cannot be raised in a timely manner, considering the national economic burden such as inflation. There can be some disagreements about unconditionally raising electricity rates when cost increases occur. It is, however, well known that Korean domestic electricity rates are very low around the world and are in an environment in which rates are not easily adjusted. Moreover, as Korean electricity rates cannot be easily raised due to various factors, domestic electricity rates for each customer class itself have not delivered a desirable price signal for power consumption. Based on historical data such as fuel costs and power production by power source from 2017 to 2020, this study estimated how much power consumption would change if electricity rates were adjusted in 2030 and price signal distortion was resolved. As a result of the estimation, power consumption will be reduced by 9,000 GWh if the current electricity bill is adjusted to a level which can be 100% recovered even with the supply cost alone. This led to a reduction of about 3.82 million CO2tons of greenhouse gas emissions in the Korean power sector.

A New Resource Allocation Algorithm of Functional Units to Minimize Power Dissipation (전력소비 최소화를 위한 새로운 펑션유닛의 자원 할당 알고리듬)

  • Lin, Chi-Ho
    • Journal of IKEEE
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    • v.8 no.2 s.15
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    • pp.181-185
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    • 2004
  • This paper reduces power dissipation with the minimum switching activity of functional units that have many operators. Therefore, it has more effects of power dissipation that operator dissipation to reduce power dissipation of whole circuit preferentially. This paper proposes an algorithm that minimize power dissipation in functional units operations that affect much as power dissipation in VLSI circuit. The algorithm has scheduled operands using power library that has information of all operands. The power library upgrades information of input data in each control step about all inputs of functional units and the information is used at scheduling process. Therefore, the power dissipation is minimized by functional units inputs in optimized data. This paper has applied algorithm that proposed for minimizing power dissipation to functional unit in high level synthesis. The result of experiment has effect of maximum 9.4 % for minimizing power dissipation.

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Optimal Design of Urban MICROGRID using Economical Analysis Program (경제성분석 프로그램을 이용한 도심형 마이크로그리드 최적 설계)

  • Seung-Duck, Yu;SungWoo, Yim;Youseok, Lim;SungWook, Hwang;JuHak, Lee
    • KEPCO Journal on Electric Power and Energy
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    • v.8 no.2
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    • pp.69-72
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    • 2022
  • This paper actually investigates the load on major large-scale buildings in the downtown area, examines the economic feasibility of installing PV and ESS in a microgrid target building, and evaluates whether an electric vehicle capable of V2G through two buildings is effective as an economical analysis program (HOMER) was analyzed using. It is economical to install a mixture of ESS rather than using the whole PV, and it is shown that if there is an electric vehicle using the V2G function of EV, there is an economic effect to replace the PV. So that Incentives and policies are needed to replace a large area of PV and utilize the existing parking lot to lead EV as a resource of the microgrid. Currently, P2X technology that stores power as ESS or converts it to other energy to control when surplus renewable energy occurs in large-capacity solar power plants and wind farms, etc. This is being applied, and efforts are being made to maintain the stability of the system through the management of surplus power, such as replacing thermal energy through a heat pump. Due to the increase in electric vehicles, which were recognized only as a means of transportation, technologies for using electric vehicles are developing. Accordingly, existing gas stations do not only supply traditional chemical fuels, but electricity, and super stations that also produce electricity have appeared. Super Station is a new concept power plant that can produce and store electricity using solar power, ESS, V2G, and P2G. To take advantage of this, research on an urban microgrid that forms an independent system by tying a large building and several buildings together and supplies power through a super station around the microgrid is in full swing.

Quality Characteristics of Makgeolli and Nuruk Grain Inoculated with Aspergillus oryzae N041 (황국균(Aspergillus oryzae N041)을 이용한 곡류 낱알누룩 제조 및 막걸리의 품질특성)

  • Baek, Seong-Yeol;Kim, Joo-Yeon;Yun, Hye-Ju;Choi, Ji-Ho;Choi, Han-Seok;Jeong, Seok-Tae;Yeo, Soo-Hwan
    • Journal of the East Asian Society of Dietary Life
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    • v.21 no.6
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    • pp.877-881
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    • 2011
  • This study was investigated the quality characteristics of Makgeolli containing different types of Nuruk grain inoculated with A. oryzae N041. In an analysis of the quality characteristics of four types of Nuruk grain, mung beans Nuruk grain had higher acidity, amino acidity and saccharogenic power than rice Nuruk grain. In an analysis of four types of brewed Nuruk grain, mung beans Nuruk grain had the highest sugar and reducing sugar contents. On the other hand, mung beans Nuruk grain had the lowest alcohol content. Citric acid, malic acid and succinic acid have been identified as the major organic acids in Makgeolli. The amounts of organic acids were 1,748.5 mg% in rice Nuruk grain, 1,553.9 mg% in mung beans Nuruk grain, 1,003.2 mg% in barley Nuruk grain and 940.8 mg% in adlay Nuruk grain. In particular, Makgeolli brewed with mung beans Nuruk grain had the highest content of the organic acids, which is expected to deepen its flavor.

Antioxidant and Antimelanogenic Effects of Stevia rebaudiana Flower Extract

  • So, Gyeongseop;Lee, Sung Ryul;Kim, Sung Hyeok;Ha, Chang Woo;Park, Yuna;Jang, Sohee;Bak, Jong Phil;Koo, Hyun Jung;Sohn, Eun-Hwa
    • Korean Journal of Plant Resources
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    • v.32 no.3
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    • pp.220-227
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    • 2019
  • Stevia rebaudiana (Asteraceae), a perennial plant, has been used as a low-calorie sweetener and is being developed as a therapeutic agent for diabetes, hypertension, myocardial diseases, and microbial infections. Despite the common use of its leaves and stem, the bioavailability of the components present in S. rebaudiana flowers, when used as ingredients of cosmetics, has not been well investigated. Herein, we investigated the antioxidative and antimelanogenic effects of an aqueous extract of S. rebaudiana flowers (Stevia-F). Total flavonoid and phenolic content in Stevia-F were determined to be $8.64{\pm}0.23mg$ of quercetin equivalents/100 g and $631.5{\pm}2.01mg$ of gallic acid equivalents/100 g, respectively. The $IC_{50}$ values of Stevia-F for reducing power, and 2,2-diphenyl-1-picryl-hydrazyl-hydrate radical, hydrogen peroxide, and nitric oxide scavenging activities were 5541.96, 131.39, 466.34, and $10.44{\mu}g/mL$, respectively. Stevia-F showed inhibitory effects on the tyrosinase ($IC_{50}=134.74{\mu}g/mL$) and ${\alpha}$-glucosidase ($IC_{50}=114.81{\mu}g/mL$) activities. No significant cytotoxicity of Stevia-F was observed in B16F10 cells, treated with up to $100{\mu}g/mL$ of the extract for 24 and 48 h (p > 0.05). Stevia-F ($1-100{\mu}g/mL$) suppressed ${\alpha}$-melanocyte stimulating hormone-induced melanin production in B16F10 cells (p < 0.05) and also inhibited the cellular tyrosinase activity (p < 0.05). Overall, our results show that Stevia-F possesses potential for inhibiting tyrosinase and ${\alpha}$-glucosidase activities and has significant antioxidant capacity. The antimelanogenic potential of Stevia-F should extend the usage of S. rebaudiana flowers in the development of skin-whitening products.

Efficient Power and Resource Scheduling for Bluetooth Piconet (블루투스 피코넷에서의 효율적인 전력 및 자원 스케줄링)

  • Park, Sae-Rom;Woo, Sung-Je;Im, Soon-Bin;Lee, Tae-Jin
    • The KIPS Transactions:PartC
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    • v.11C no.4
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    • pp.555-562
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    • 2004
  • We consider differentiated bandwidth allocation for a piconet in short-range wireless personal network systems : Bluetooth. Since bandwidth requirements nay vary among applications/services, and/or it may change over time, it is important to decide how to allocate limited resources to various service classes to meet their service requirements. We propose a simple and efficient bandwidth allocation mechanism which meets bandwidth requirements of various service types while saving power consumption by a Power saying mode, i.e., sniff node. We compare our proposed mechanism with a conventional (weighted) round-robin polling scheme and show that it achieves significant improvement of hroughput, delay, and power consumption.