• Title/Summary/Keyword: Surplus electricity

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Economic Feasibility Analysis of Building Seonam Biogas Combined Heat and Power Plant (서남 바이오가스 열병합발전 시설 건립의 경제적 타당성 분석)

  • Park, So-Yeon;Shin, Hyun-Ho;Yoo, Seung-Hoon
    • Journal of Energy Engineering
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    • v.25 no.4
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    • pp.141-151
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    • 2016
  • Recently, technology for energy recovery from waste has been increasing interest globally including the Korea. In Korea, we have interested in using biogas generated from the sewage treatment process. As one alternative, there are operating biogas combined heat and power plant. The generation amount of the Sewage Sludge are expected to grow in the future. For this reason, total processing cost of Sewage Sludge will increase. To solve this problem, it seems will be invested with the expansion of facilities that use biogas as energy. Therefore, quantitative information on such facilities is required. Thus, this study attempts to economic feasibility analysis for Seonam Biogas Combined Heat and Power Plant. Meanwhile, as the benefit items for economic feasibility analysis consider electricity supply benefit except for heat supply benefit. The average prices of electricity use were residence 123.69, commercial 130.46, and industry 102.59 won per kWh for the year 2015, In addition, the economic benefit are calculated to be residence 310.21, commercial 378.49, and industry 222.87 won per kWh. The results of economic feasibility analysis is NPV 72.18 billion won, B/C 1.90, IRR 37%, shows that economic validity of Seonam Biogas Combined Heat and Power Plant.

Assessment of Energy Self-sufficiency Ratio Based on Renewable Market Potentials for Unit of Local Government (기초지방자치단체별 보급 가능한 재생에너지 시장잠재량을 이용한 에너지 자립률 평가)

  • Kim, Jin-Young;Kang, Yong-Heack;Cho, Sangmin;Yun, Changyeol;Kim, Chang Ki;Kim, Ha-Yang;Lee, Seung Moon;Kim, Hyun-Goo
    • Journal of the Korean Solar Energy Society
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    • v.39 no.6
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    • pp.137-151
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    • 2019
  • This study estimated the available renewable market potential based on Levelized Cost Of Electricity and then assessed the renewable derived energy self-sufficiency for the unit of local government in South Korea. To calculate energy self-sufficiency, 1 km gridded market renewable generation and local government scale of final energy consumption data were used based on the market costs and statistics for the recent three years. The results showed that the estimated renewable market potentials were 689 TWh (Install capacity 829 GW, 128 Mtoe), which can cover 120% of power consumption. 55% of municipalities can fully replace the existing energy consumption with renewable energy generation and the surplus generation can compensate for the rest area through electricity trade. However, it was confirmed that, currently, 47% of the local governments do not fully consider all renewable energy sources such as wind, hydro and geothermal in establishing 100% renewable energy. The results of this study suggest that energy planning is decentralized, and this will greatly contribute to the establishment of power planning of local governments and close the information gap between the central government, the local governments, and the public.

Warm Start Up Time Reduction Through the Increase of Boiler Water Circulating Pump Inlet Water Temperature Rate of the Thermal Power Plant (관수온도 상승률 증가에 의한 발전용 보일러의 온간기동시간 단축에 관한 연구)

  • Kang, Hee-Seong;Moon, Seung-Jae
    • Plant Journal
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    • v.10 no.1
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    • pp.47-53
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    • 2014
  • The national capacity of electricity of Korea was 81,737 MW and the peak demand was renewed by the record of 71,230 MW in 2012 which has been increasing since the first lighting ceremony had taken place in the Royal Palace(Kyung-Bok Goong) in 1887. Aa the counteract on the rapid increasing of the demand, Korean government is constructing and operating the high capacity nuclear and thermal power plants, however, the operating reserve on weekdays is small while those of weekends are more than 40% of capacity, so they are providing the pumped-storage power plants with the surplus electricity during weekends and operating the power plants which cost higher production price and located in the capital area with WSS (Weekly Start and Stop) mode including the Seoul Thermal Power Plant. Since the Seoul Thermal Power Plant is spending huge amount of expenses for more than 30 times of the WSS annually due to the high production cost even though it is in Seoul, the core of the demand, I chose the power plant unit #5 which was on the grid in 1969 for the case to confirm reducing 23% of the warm start-up time by applying the "Start-up time management program", and that reducing 35% of the water temperature increasing time by accelerate the increasing rate of the inlet temperature of the water circulating pump.

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Development of an Energy Model of Rice Processing Complex(II) -Simulation Model Development and Analysis of Energy Requirement- (미곡종합처리장의 에너지 모델 개발(II) -시뮬레이션 모델 개발 및 소요 에너지 분석-)

  • 장홍희;장동일;김만수
    • Journal of Biosystems Engineering
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    • v.20 no.3
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    • pp.275-287
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    • 1995
  • The rice processing complex(RPC) consisted of the rice handling, drying, storage, and milling processes. It has been established at 83 locations domestically by April 1994, and 200 of RPC will be built more throughout the country. Therefore, this study has been performed to achieve two objectives as the followings : 1) Development of mathematical models which can assess the requirement of electricity, fuel, and labor for four model systems of rice processing complex. 2) Development of a computer simulation model which produce the improved designs of RPC by the evaluation results of energy requirements of four RPC models. The results from this study are summarized as follows : 1) Mathematical models were developed on the basis of result of mass balance analysis and required power of machines for each process. 2) A computer simulation model was developed, which can produce the improved designs of RPC by the evaluation results of energy requirements. The computer simulation model language was BORLAND $C^{++}$. 3) The results of simulation showed that total energy requirements were ranged from 75.94㎾h/t to 124.30㎾h/t. 4) From the results of computer analysis of energy requirement classified by drying type, it was found that energy requirement of the drying type A{paddy rice (PR) for storage-natural air drying(15%), PR for milling-heated air drying(16%)} were less than that of the drying type B{1 step-natural air drying(PR for storage : 18%, PR for milling : 20%), 2 step-heated air drying(PR for storage : 15%, PR for milling : 16%)}. 5) The energy efficient drying method is that all the incoming rough rice to RPC should be dried by national air drying systems. If it is more than the capacity of national air drying system, the amount of surplus rough rice is recommended to be dried by the heated air drying method.

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Effect of Number of Shutdown on the Decrease of Performance in PEM Water Electrolysis (PEM 수전해에서 정지횟수가 성능 감소에 미치는 영향)

  • Cheunho Chu;Jongwon Yang;Ilchai Na;Yoonjin Park
    • Korean Chemical Engineering Research
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    • v.61 no.2
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    • pp.202-207
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    • 2023
  • In the case of driving water electrolysis by receiving surplus electricity from solar and wind power generation, operation and stopping must be repeated according to weather fluctuations. When the PEMWE(Polymer Electrolyte Membrane Water Electrolysis) is driven and stopped, the PEM fuel cell is in the same state as the PEM fuel cell due to the residual hydrogen and oxygen, and the high potential of the water electrolysis formed during operation is highly likely to cause degradation of the electrode and membrane even during stopping. In this study, in order to check how much degradation of the electrode and membrane progresses during the repeated driving/shutdown process of PEM water electrolysis, the performance decrease was measured by changing the number of driving/shutdown for 144 hours. Changes in electrode catalyst active area, hydrogen permeability and fluorine emision rate of membranes were analyzed to measure changes in the properties of electrodes and polymer membranes. Overall, the PEMWE performance decreased as the number of stops increased. When stopped 5 times in 144 hours, the IrOx catalyst activity decreased by more than 30%, and the hydrogen permeability increased by 80%, confirming that both the electrode and the membrane were deteriorated.

A study on the electrochemical reduction of carbon dioxide (전기화학환원에 의한 이산화탄소의 수소화 반응연구)

  • Sim, Kyu-Sung;Kim, Jong-Won;Kim, Yeon-Soon;Myeong, Kwang-Sik
    • Transactions of the Korean hydrogen and new energy society
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    • v.9 no.1
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    • pp.8-15
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    • 1998
  • The catalytic hydrogenation of carbon dioxide has been studied for the fixation of carbon dioxide to mitigate global warming problems, but it needed hydrogen, which the price is still high. Recently, the electrochemical reduction of carbon dioxide has been drawn attractions because carbon dioxide could be converted to the valuable chemicals such as methane, ethane and alcohols electrochemically in the electrolyte solution using a catalytic electrode. This system is simple because the water electrolysis and hydrogenation take place at the same time using the surplus electricity at midnight. In this work, a continuous electrochemical reduction system was fabricated, which was composed of the reduction electrode (copper or perovskite type, $2{\times}2cm^2$), reference electrode(platinum, $2{\times}6cm^2$), standard electrode(Ag/AgCl), and potassium bicarbonate electrolyte solution saturated with carbon dioxide. The quality and quantity of the products and reduction current were analyzed, according to the electrolyte concentration and electrode type.

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A Research on PV-connected ESS dissemination strategy considering the effects of GHG reduction (온실가스감축효과를 고려한 태양광 연계형 에너지저장장치(ESS) 보급전략에 대한 연구)

  • Lee, Wongoo;KIM, Kang-Won;KIM, Balho H.
    • Journal of Energy Engineering
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    • v.25 no.2
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    • pp.94-100
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    • 2016
  • ESS(Energy Storage System) is an important source that keeps power supply stable and utilizes electricity efficiently. For example, ESS contributes to resolve power supply imbalance, stabilize new renewable energy output and regulate frequency. ESS is predicted to be expanded to 55.9GWh of installed capacity by 2023, which is 30 times more than that of 2014. To raise competitiveness of domestic ESS industry in this increasing world market, we have disseminated load-shift ESS for continuous power supply imbalance with FR ESS, and also necessity to secure domestic track record is required. However in case of FR ESS, utility of installing thermal power plant is generally generated within 5% range of rated capacity, so that scalability of domestic market is low without dramatic increase of thermal power plant. Necessity of load-shift ESS dissemination is also decreasing effected by surplus backup power securement policy, raising demand for new dissemination model. New dissemination model is promising for $CO_2$ reduction effect in spite of intermittent output. By stabilizing new renewable energy output in connection with new renewable energy, and regulating system input timing of new renewable energy generation rate, it is prospected model for 'post-2020' regime and energy industry. This research presents a policy alternatives of REC multiplier calculation method to induce investment after outlining PV-connected ESS charge/discharge mode to reduce GHG emission, This alternative is projected to utilize GHG emission reduction methodology for 'Post-2020' regime, big issue of new energy policy.

Economic analysis of Frequency Regulation Battery Energy Storage System for Czech combined heat & power plant (체코 열병합발전소 주파수조정용 배터리에너지저장장치 경제성 분석)

  • KIM, YuTack;Cha, DongMin;Jung, SooAn;Son, SangHak
    • Journal of Energy Engineering
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    • v.29 no.2
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    • pp.68-78
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    • 2020
  • According to the new climate change agreement, technology development to reduce greenhouse gases is actively conducted worldwide, and research on energy efficiency improvement in the field of power generation and transmission and distribution is underway [1,2]. Economic analysis of the operation method of storing and supplying surplus electricity using energy storage devices, and using energy storage devices as a frequency adjustment reserve power in regional cogeneration plants has been reported as the most profitable operation method [3-7]. Therefore, this study conducted an economic analysis for the installation of energy storage devices in the combined heat and power plant in the Czech Republic. The most important factor in evaluating the economics of battery energy storage devices is the lifespan, and the warranty life is generally 10 to 15 years, based on charging and discharging once a day. For the simulation, the ratio of battery and PCS was designed as 1: 1 and 1: 2. In general, the primary frequency control is designed as 1: 4, but considering the characteristics of the cogeneration plant, it is set at a ratio of up to 1: 2, and the capacity is simulated at 1MW to 10MW and 2MWh to 20MWh according to each ratio. Therefore, life was evaluated based on the number of cycles per year. In the case of installing a battery energy storage system in a combined heat and power plant in the Czech Republic, the payback period of 3MW / 3MWh is more favorable than 5MW / 5MWh, considering the local infrastructure and power market. It is estimated to be about 3 years or 5 years from the simple payback period considering the estimated purchase price without subsidies. If you lower the purchase price by 50%, the purchase cost is an important part of the cost for the entire lifetime, so the payback period is about half as short. It can be, but it is impossible to secure profitability through the economy at the scale of 3MWh and 5MWh. If the price of the electricity market falls by 50%, the payback period will be three years longer in P1 mode and two years longer in P2 and P3 modes.

Legal Study for the KSLV launching - Products & Third Party Liability - (KSLV발사에 따른 제작 및 제3자피해 책임에 대한 우주법적 소고)

  • Shin, Sung-Hwan
    • The Korean Journal of Air & Space Law and Policy
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    • v.21 no.1
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    • pp.169-189
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    • 2006
  • In 2007, KSLV(Korea Small Launching Vehicle) that we made at Goheung National Space Center is going to launch and promotes of our space exploration systematically and 'Space Exploration Promotion Act' was enter into force. 'Space Exploration Promotion Act' article 3, section 1, as is prescribing "Korean government keeps the space treaties contracted with other countries and international organizations and pursues after peaceful uses of outer space." The representative international treaties are Outer Space Treaty (1967) and Liability Convention (1972) etc. In Liability convention article 2, "A launching State shall be absolutely liable to pay compensation for damage caused by its space object on the surface of the earth or to aircraft in flight. The important content of the art. 2 is the responsible entity is the 'State' not the 'Company'. According by Korean Space Exploration Act art. 14, person who launches space objects according to art. 8 and art. 11 must bear the liability for damages owing to space accidents of the space objects. Could Korean government apply the Products Liability Act which is enter into force from July 1, 2002 to space launching person? And what is the contact type between Korea Aerospace Research Institute(KARl) and Russia manufacturer. Is that a Co-Development contract or Licence Product contract? And there is no exemption clause to waive the Russia manufacturer's liability which we could find it from other similar contract condition. If there is no exemption clause to the Russia manufacturer, could we apply the Korean Products Liability Act to Russia one? The most important legal point is whether we could apply the Korean Products Liability Act to the main component company. According by the art. 17 of the contract between KARl and the company, KARl already apply the Products Liability Act to the main component company. For reference, we need to examine the Appalachian Insurance co. v. McDonnell Douglas case, this case is that long distance electricity communication satellite of Western Union Telegraph company possessions fails on track entry. In Western Union's insurance company supplied to Western Union with insurance of $ 105 millions, which has the satellite regard as entirely damage. Five insurance companies -Appalachian insurance company, Commonwealth insurance company, Industrial Indemnity, Mutual Marine Office, Northbrook Excess & Surplus insurance company- went to court against McDonnell Douglases, Morton Thiokol and Hitco company to inquire for fault and strict liability of product. By the Appalachian Insurance co. v. McDonnell Douglas case, KARl should waiver the main component's product liability burden. And we could study the possibility of the adapt 'Government Contractor Defense' theory to the main component company.

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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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