• Title/Summary/Keyword: cost reduction

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A techno-economic analysis of partial repowering of a 210 MW coal fired power plant

  • Samanta, Samiran;Ghosh, Sudip
    • Advances in Energy Research
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    • v.3 no.3
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    • pp.167-179
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    • 2015
  • This paper presents a techno-economic analysis of a partial repowering scheme for an existing 210 MW coal fired power plant by integrating a gas turbine and by employing waste heat recovery. In this repowering scheme, one of the four operating coal mills is taken out and a new natural gas fired gas turbine (GT) block is considered to be integrated, whose exhaust is fed to the furnace of the existing boiler. Feedwater heating is proposed through the utilization of waste heat of the boiler exhaust gas. From the thermodynamic analysis it is seen that the proposed repowering scheme helps to increase the plant capacity by about 28% and the overall efficiency by 27%. It also results in 21% reduction in the plant heat rate and 29% reduction in the specific $CO_2$ emissions. The economic analysis reveals that the partial repowering scheme is cost effective resulting in a reduction of the unit cost of electricity (UCOE) by 8.4%. The economic analysis further shows that the UCOE of the repowered plant is lower than that of a new green-field power plant of similar capacity.

Uranium Enrichment Reduction in the Prototype Gen-IV Sodium-Cooled Fast Reactor (PGSFR) with PBO Reflector

  • Kim, Chihyung;Hartanto, Donny;Kim, Yonghee
    • Nuclear Engineering and Technology
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    • v.48 no.2
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    • pp.351-359
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    • 2016
  • The Korean Prototype Gen-IV sodium-cooled fast reactor (PGSFR) is supposed to be loaded with a relatively-costly low-enriched U fuel, while its envisaged transuranic fuels are not available for transmutation. In this work, the U-enrichment reduction by improving the neutron economy is pursued to save the fuel cost. To improve the neutron economy of the core, a new reflector material, PbO, has been introduced to replace the conventional HT9 reflector in the current PGSFR core. Two types of PbO reflectors are considered: one is the conventional pin-type and the other one is an inverted configuration. The inverted PbO reflector design is intended to maximize the PbO volume fraction in the reflector assembly. In addition, the core radial configuration is also modified to maximize the performance of the PbO reflector. For the baseline PGSFR core with several reflector options, the U enrichment requirement has been analyzed and the fuel depletion analysis is performed to derive the equilibrium cycle parameters. The linear reactivity model is used to determine the equilibrium cycle performances of the core. Impacts of the new PbO reflectors are characterized in terms of the cycle length, neutron leakage, radial power distribution, and operational fuel cost.

Farm survey on the application of solar energy system to the controlled culture (태양열을 이용한 난방시스템의 시설재배 실용화 실태 조사)

  • 남상영;강한철;김태수;김인재;김민자;이철희
    • Korean Journal of Plant Resources
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    • v.13 no.3
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    • pp.249-254
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    • 2000
  • Heating supply system using solar energy-collecting plate was examined for 20 farmers. Some problems, resolution, future energy system, and basic information were discussed, Installation cost was approximately 18 million won/20a. Main crops cultured were tomato(30%) and floricultural crop(40%). Minor crops cultured were grape, red pepper, cucumber, lettuce, and strawberry. Information was mostly obtained from agricultural service agents. 75% of farm house hold reported that energy reduction effect was below 20%, showing some different result compared with over 20% that was totalized from agricultural service agents. Cost of installation was excessive in considering energy reduction effect. Another problem was insufficient technical proficiency of solar energy company.

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A computationally efficient numerical integration scheme for non-linear plane-stress/strain FEM applications using one-point constitutive model evaluation

  • Hector R. Amezcua;Amado G. Ayala
    • Structural Engineering and Mechanics
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    • v.85 no.1
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    • pp.89-104
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    • 2023
  • This work presents a proposal for employing reduced numerical integration in the formulation of the 4-node quadrilateral solid finite element. The use of these low-order integration rules leads to numerical instabilities such as those producing the hourglass effect. The proposed procedure allows evaluating a given constitutive model only in one integration point, achieving an attractive computational cost reduction and, also, successfully controls the hourglass effect. A validation of the proposal is included and discussed throughout the paper. To show the efficiency of the proposal, several application examples of masonry structures are studied and discussed. To represent the non-linear mechanical behaviour of masonry a plastic-damage model is implemented within the application of this sub-integration scheme. Also, in order to have a full and computationally efficient strategy to determine the behaviour of masonry structures, involving its evolution to collapse, a homogenization technique with a macro-modeling approach is used. The methodology discussed throughout this paper demonstrates a substantial computational cost reduction and an improved approximation of the non-linear problem evidenced by a reduction of up to 85% of the computational time for some cases.

A Case Study on the Reduction Costs Prediction of a Reinforced Concrete Bridge using LCC method (Life Cycle Cost 기법에 의한 RC Slab 교량의 절감비용 예측에 관한 연구)

  • Kwon, Suk-Hyun;Kim, Sang-Beom;Park, Yong-Jin
    • Journal of the Korea institute for structural maintenance and inspection
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    • v.11 no.5
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    • pp.160-170
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    • 2007
  • This study predicts Life Cycle Cost of RC Slab bridge case in maintenance and operation level and calculated economic efficiency by the avoidable costs of a bridge. This result of the study can be summarized as follow: (1) LCC analysis model on the bridge case is suggested. (2) Maintenance and operation level of a bridge have been divided, and LCC of the bridge case has been predicted at current maintenance and operation level and required maintenance and operation level. (3) Reduction costs is predicted by LCC of the bridge case, and its economic efficiency is calculated.

An Analysis on the Invest Determinants of CDM Project: Evidence from Waste Handling and Disposal Sector (CDM 사업부문별 투자비용 결정요인 분석: 폐기물 부문을 대상으로)

  • Kim, Jihoon;Lim, Sungsoo
    • Korean Journal of Organic Agriculture
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    • v.28 no.4
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    • pp.535-553
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    • 2020
  • In this study, the characteristics of the waste sector CDM project were analyzed through cluster analysis of the waste sector CDM project and the analysis of the CDM investment cost in waste sector using CDM project data registered with UNFCCC since 2008 when EU ETS phase 2 began. As of September 2020, 772 cases of CDM projects in waste disposal and disposal are registered. Biogas technology is the largest, followed by livestock manure processing and biomass production technology. The results of the cluster analysis are summarized as follows: First, on average, projects utilizing AWMS technology are small in size and relatively low in investment costs. This is judged to be relatively low investment costs due to previously attracted foreign investment capital. Second, the average investment cost of CDM projects considered along with waste (No.13), the energy industry (No.1) and agriculture (No.15) was higher than those involving only waste. The analysis of the factors determining the investment cost of the waste sector CDM project showed that, as with cluster analysis, the AWMS technology, which is a livestock manure treatment technology, was lower in the investment cost than those that use other technologies. As a result of multiple regression analysis, the investment cost of the CDM project was analyzed lower in the order of biomass, AWMS, LFG and biogas. Also, the higher the investment cost for CDM projects linked to waste, energy and agriculture, and the better the investment environment, the higher the investment cost. Although no statistical feasibility was obtained, the larger the annual emission reduction, the lower the CDM investment cost.

Economic Evaluation of Integrated Operation & Management through Operation Performance Analysis of Sewage Facilities (하수도시설 통합운영 성과분석을 통한 통합운영관리의 경제성 평가)

  • Shin, Jungsub;Chung, Seokhyun;Cho, Byoungog;Lee, Kwanhyung;Kang, Seonhong;Kim, Yongdae;Yoon, Joonjae
    • Journal of Korean Society of Water and Wastewater
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    • v.31 no.1
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    • pp.63-72
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    • 2017
  • For economic evaluation of integrated operation to sewage facilities, benefit-cost analysis was performed to watershed sewage works project in 7 watershed areas, 156 facilities. In this study, the cost before and after integrated operation was compared and benefits are calculated from the reduction of operators, increasement treated pollution loads, reduction cost through operation convenience, reduction water consumption through effluent reuse, and improvement of life benefit. The result showed that cost was 8,500million won and benefit was 16,747million won, so benefit was 49% higher than cost. B/C analysis result showed that B/C ratio was 1.97 and it is similar to other researches. The benefits of integrated operation included convenience of data management, increase of emergency response, decrease of complains with sewage which was not reflected numerically, so the benefits of integrated operation were expected much greater than this result

An Efficiency Analysis of Korea's CGEI and IPEP in the Manufacturing Industries (환경관련투자의 효율성 분석: 우리나라 제조업을 중심으로)

  • Min, Seung-Ki
    • Journal of Environmental Policy
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    • v.10 no.2
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    • pp.61-92
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    • 2011
  • We analyzed the efficiency of environment investments by taking examples of central government's environmental investment (CGEI hereafter) and investment in prevention of environmental pollution (IPEP hereafter). We expanded the scope of existing studies by decomposing the internal rate of return (IRR hereafter) and present value of benefit (Bpv hereafter) into variable cost (VC hereafter) reduction, investment cost reduction (STC-VC hereafter), and rent. And we found that Bpv checks only the magnitude of benefit, while IRR indicates the existence of efficiency by investigating short-run total cost (STC hereafter) reduction and rent. Finally, by analyzing investment efficiency and changing benefit with respect to CGEI and IPEP through the investment efficiency methodology that compares IRR with market interest rate, we executed retrospective benefit-cost analysis. Accordingly, CGEI and IPEP are not efficient. However, IPEP is even more inefficient than CGEI.

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Softwarization of Cloud-based Real-Time Broadcast Channel System

  • Kwon, Myung-Kyu
    • Journal of the Korea Society of Computer and Information
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    • v.22 no.9
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    • pp.25-32
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    • 2017
  • In this paper, we propose the softwareization of broadcasting system. Recently, the topic of industry is the fourth industrial revolution. The fourth industrial revolution is evolving from physical to virtualization. The Industrial Revolution is based on IT technology. Artificial Intelligence (AI), Big Data, and the Internet of Things, which are famous for Alpha Go, are based on software. Among IT, software is the main driver of industrial terrain change. The systemization of software on the basis of cloud environment is proceeding rapidly. System development through softwarization can reduce time to market lead time, hardware cost reduction and manual operation compared to existing hardware system. By developing and implementing broadcasting system such as IPTV based on cloud, lead time for opening service compared to existing hardware system can be shortened by more than 90% and investment cost can be saved by about 40%. In addition, the area of the system can be reduced by 50%. In addition, efficiency can be improved between infrastructures, shortening of trouble handling and ease of maintenance. Finally, we can improve customer experience through rapid service opening.

Development of IGBT Stacks for Cost Reduction (원가절감형 IGBT스택 개발)

  • Hong S.C;Kang K.W.;Jung W.C.;Hwang Y.H.
    • Proceedings of the KIPE Conference
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    • 2003.07a
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    • pp.128-132
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    • 2003
  • This paper deals with the development of IGBT stacks for cost reduction. One stack is consist of 4 IGBTS in parallel. In the high- and mid-power converters, IGBT stacks are more suitable than single IGBTS in the aspects of total cost of semiconductor devices, time for purchasing, maintenance, radiation of heat, size of surge absorber and harmonic filter, frequency characteristics, and etc.. Problems accompanied by parallel construction are studied and solved. Economical efficiency is discussed and field tests with 100kVA UPS are tarried out to verify the validity of the developed IGBT stacks.

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