• Title/Summary/Keyword: Thermal energy cost

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A Study on Life Cycle Cost Analysis of Thermal Bridge Barrier Between Window Frame and Concrete Wall (건축물의 창틀과 벽체 사이 열교방지공법의 LCC 분석)

  • Park, Cheol-Yong;Kim, Woong-Hoi;Lee, Sang-Hee;Nam, Seung-Young;Yoon, Gil-Ho
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2019.05a
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    • pp.59-60
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    • 2019
  • Thermal bridge on a building envelope causes additional heat loss which increases the heating energy consumption. As the higher building insulation performance is required, heat loss through thermal bridge becomes higher proportion among total building heating energy consumption. For the exterior insulation and finish system, thermal bridge between window frame and concrete wall should be constidered as one of main reasons of heat loss. In this study, the thermal bridge barrier between window frame and concrete wall(STAR) was proposed as the best practice for reducing thermal bridge. The STAR was confirmed that the use of thermal bridge barrier imporved the annual heat energy capacity by 35% or more and the innitial construction cost by 7.4% or less because of additional interior insulation against condensation. Finally the life cycle cost during 20 year by heating energy of a building reduced by 25% or more compared with the exist technology. This STAR thermal bridge barrier will be used as the main technology to improve the energy efficiency of building.

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Economic Assessment of Solar Thermal Power System (태양열 발전시스템 경제성 분석)

  • Kim, Jin-Soo;Kang, Yong-Heack;Kim, Jong-Kyu
    • 한국태양에너지학회:학술대회논문집
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    • 2008.11a
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    • pp.25-29
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    • 2008
  • Economic assessment of solar thermal power generation systems was carried out by calculating the levelized electricity cost. Four different commercial (or near commercial) solar thermal power systems (parabolic trough system, power tower system with saturated steam, power tower system with molten salts, and dish-stilting system) were considered for assessment. The assessment also included sensitivity analysis covering the effects of system capacity, direct normal insolation, and the system efficiency.

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Life Cycle Cost Analysis about Renewable Energy Facilities Combination of Photovoltaic system, Solar thermal system and Geothermal system (태양광발전, 태양열 급탕, 지열시스템의 신재생에너지설비 조합에 관한 LCC 분석)

  • Chun, Sang Hyun;Ahn, Jang-Won;Kim, Wonwoo;Cho, Seung-Yun
    • KIEAE Journal
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    • v.12 no.1
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    • pp.105-112
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    • 2012
  • When a building is planned and designed, the design should be able to minimize the cost during the whole life cycle of the building. This study has begun to analyze LCC about the alternative design which is applicable to renewable energy facility construction. It is reviewed domestic and foreign papers about the trend of LCC technology and it is determined the analytical method to analyze the LCC of renewable energy. Regarding the review of alternatives, it is chosen the three alternatives which are able to designed combing the renewable energy facilities and it is performed the LCC analysis about each alternative. Alternative 1 is Photovoltaic + Solar Thermal + Photovoltaic /Wind Power, Alternative 2 is Geothermal + Photovoltaic, and Alternative 3 is Photovoltaic + Solar Thermal. The LCC analysis is present value method, its analytical period is 40 years and it is applied 3.2% of real discount rate. As a result, it is proved that Alternative 1 and Alternative 3 are not able to collectible the early investment cost during the analytical period and Alternative 2 is analyzed that its pay-back period of early investment cost is about 31 years. As the final outcome of this study on case analysis, it is more advantageous to use the combination of Geothermal and Photovoltaic energy than to use the other combination in LCC aspect.

A Study on Environmental and Economic Cost Analysis of Coal Thermal Power Plant Comparing to LNG Combined Power Plant (석탄화력발전대비 LNG복합화력발전 환경성 및 경제성 비용분석에 관한 연구)

  • Kim, Jong-Won
    • Asia-Pacific Journal of Business
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    • v.9 no.4
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    • pp.67-84
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    • 2018
  • This study is about comparing coal thermal plant to LNG combined power plant in respect of environmental and economic cost analysis. In addition sensitive analysis of power cost and discount rate is conducted to compare the result of change in endogenous and exogenous variable. For environmental assessment, when they generate 10,669GWh yearly, coal thermal power plant emits sulfur oxides 959ton, nitrogen oxide 690ton, particulate matter 168ton and LNG combined power plant emits only nitrogen oxide 886ton respectively every year. Regarding economic cost analysis on both power plants during persisting period 30 years, coal thermal power plant is more cost effective 4,751 billion won than LNG combined taking in account the initial, operational, energy and environmental cost at 10,669GWh yearly in spite of only LNG combined power plant's energy cost higher than coal thermal. In case of sensitive analysis of power cost and discount rate, as 1% rise or drop in power cost, the total cost of coal thermal power plant increases or decreases 81 billion won and LNG combined 157 billion won up or down respectively. When discount rate 1% higher, the cost of coal thermal and LNG combined power plant decrease 498 billion won and 539 billion won for each. When discount rate 1% lower, the cost of both power plant increase 539 billion won and 837 billion won. With comparing each result of change in power cost and discount rate, as discount rate is weigher than power cost, which means most influential variable of power plan is discount rate one of exogenous variables not endogenous.

A Study on Daily Operation Model for Total Energy System Including Building Cogeneration, Ice Storage, Thermal and Electrical Storage Facilities (건물용 열병합발전 설비를 중심으로 한 종합 에너지 시스템의 최적 일간 운전모형 수립에 관한 연구)

  • Park, Jong-Seong;Chang, Seung-Chan;Shim, Keun-Bo;Kim, Jung-Hoon;Ko, Yo
    • Proceedings of the KIEE Conference
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    • 1996.07b
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    • pp.724-726
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    • 1996
  • In this paper, we propose an optimal daily operation model for the total energy system which includes cogeneration, thermal storage and electrical charger and ice storage facilities. Storing and utilizing the surplus thermal and electrical energy, the daily operation cost could be reduced and more efficient use of thermal energy could be achieved. The ice storage cooling system has a merit of reduce the electricity cost by time of day rate(peak/off-peak). And also, refrigerator can be down sized compare to the other cooling system From this model, operation costs of the sample cogeneration system with/without auxiliary facilities are obtained and compared to each other. In case study, the sensitivity of operating cost is simulated according to the variation of cogeneration production cost, electricity rate, etc.

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Thermal Performance Analysis for the Low-Cost Solar System with Trickle-Collector (유하식 집열기를 이용한 저가 집열 시스템의 성능해석)

  • Kim, Bu-Ho;Lee, Dong-Won
    • Solar Energy
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    • v.10 no.3
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    • pp.19-26
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    • 1990
  • Theoretical analysis for the thermal performance on the low-cost trickle collector, which is easy to manufacture and construct, has been performed. The results were in reasonably good agreement with those of the experiments. They have been applicable to predict long-term thermal performance on the low-cost solar collecting system. The dialogue type of computer program has been written based on the f-chart method and it can be used for designing a these collecting system, and investigating its economic feasibility.

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Economic Analysis of Renewable Heat Energy: Levelized Cost of Heat (LCOH) (재생열에너지 경제성 분석: 균등화열생산비용(LCOH))

  • Jaeseok Lee;Ilhyun Cho
    • New & Renewable Energy
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    • v.20 no.1
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    • pp.52-60
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    • 2024
  • This study conducted an economic analysis of renewable heat energy by estimating the levelized cost of heat production (LCOH) of ST and GSHP and comparing it with the cost of alternative fuels. The LCOH of ST ranged from 396.8 KRW/kWh to 578.7 KRW/kWh (small-scale), 270.3 KRW/kWh to 393.3 KRW/kWh (large-scale), and 156.3 KRW/kWh to 220.7 KRW/kWh for GSHP. The economic feasibility of ST and GSHP was analyzed by comparing the calculated LCOH and the fuel costs such as gas and kerosene prices. Moreover, scenario analyses were conducted for installation subsidies under the current system to examine the changes in the economics of renewable thermal energy.

Energy Consumption Characteristics and Evaluation of Thermal Insulation Performance in Accordance with Built Year of Apartment Complex (공동주택의 준공연도에 따른 단열성능 평가 및 에너지소비 특성에 관한 연구)

  • Choi, Doo Sung;Lee, Myung Eun;Chun, Hung Chan
    • KIEAE Journal
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    • v.14 no.3
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    • pp.79-86
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    • 2014
  • Studies have shown that the thermal performance of buildings changes depending on the year of construction completion. It leads to increased energy consumption of buildings and significant financial burden on users. Thus, this study has calculated the thermal insulation performance of 86 apartments quantitatively, using temperature difference ratio and sensible heat flux. Also, energy consumption characteristics depending on the year of construction completion and thermal insulation performance were analyzed by comparatively analyzing the results of insulation performance evaluation and heating costs. The analysis results are as follows. As for thermal insulation performance, it was around 70% lower in the apartments completed before 1985, compared to apartments completed after 2010. As for heating costs, the apartments with the highest heating cost incurred 1.5 higher heating cost than the apartment with the lowest heating cost. In terms of the insulation performance evaluation, the difference was 2.5-fold.

Effects of the move towards Gen IV reactors in capacity expansion planning by total generation cost and environmental impact optimization

  • Bamshad, Ali;Safarzadeh, Omid
    • Nuclear Engineering and Technology
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    • v.53 no.4
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    • pp.1369-1377
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    • 2021
  • Nowadays, it is necessary to accelerate the construction of new power plant in face of rising energy demand in such a way that the electricity will be generated at the lowest cost while reducing emissions caused by that generation. The expansion planning is one of the most important issues in electricity management. Nuclear energy comes forward with the low-carbon technology and increasing competitiveness to expand the share of generated energy by introducing Gen IV reactors. In this paper, the generation expansion planning of these new Gen reactors is investigated using the WASP software. Iran power grid is selected as a case of study. We present a comparison of the twenty-one year perspective on the future with the development of (1) traditional thermal power plants and Gen II reactors, (2) Gen III + reactors with traditional thermal power plants, (3) Gen IV reactors and traditional thermal power plants, (4) Gen III + reactors and the new generation of the thermal power plant, (5) the new generation of thermal power plants and the Gen IV reactors. The results show that the Gen IV reactors have the most developing among other types of power plants leading to reduce the operating costs and emissions. The obtained results show that the use of new Gen of combined cycle power plant and Gen IV reactors make the emissions and cost to be reduced to 16% and 72% of Gen II NPPs and traditional thermal power plants, respectively.

An Analysis of the Economic Effects of the New and Renewable Energy Transformation of Thermal Power Generation (화력발전의 신재생에너지 전환에 따른 경제적 파급효과 분석)

  • Sangsoo Lim
    • Environmental and Resource Economics Review
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    • v.32 no.2
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    • pp.127-147
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    • 2023
  • This study is trying to analyze the economic effect of replacing thermal power generation, one of the government's carbon-neutral policies, with new and renewable energy. For this analysis, scenario A is set to replace 100% of thermal power generation with new and renewable energy, and scenario B is set to replace 60% of thermal power generation with new and renewable energy. In addition, costs are incurred when replacing thermal power generation with new and renewable energy, and scenario 1 is the same cost as the current cost, and scenario 2 is120% higher than the current cost. Therefore, when converting thermal power generation to new and renewable energy, the scenarios are largely organized into four cases. In the case of replacing thermal power generation with new and renewable energy, the production inducement coefficient of thermal power generation decreased from the current level regardless of the scenario. However, the value-added inducement coefficient and the greenhouse gas emission inducement coefficient are lower than the current level when thermal power is converted to renewable energy by 100%, while the value-added inducement coefficient and greenhouse gas emission inducement coefficient are higher than the current level. In addition, the greenhouse gas emission induction coefficient of most industries was found to decrease, while the production induction coefficient and the value-added induction coefficient increased. Scenario A seems appropriate because the purpose of the government's policy is to reduce greenhouse gas emissions by converting thermal power into new and renewable energy. However, as a result of this, the production inducement coefficient and value-added inducement coefficient of some industries decrease, so the government's support policy is needed to solve this problem