• Title/Summary/Keyword: economic cycle

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Macro-level Methodology for Estimating Carbon Emissions, Energy Use, and Cost by Road Type and Road Life Cycle (도로 종류와 도로생애주기별 탄소배출량, 에너지소모량 및 비용에 대한 거시적 분석방법)

  • Hu, Hyejung;Baek, Jongdae
    • International Journal of Highway Engineering
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    • v.17 no.2
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    • pp.143-150
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    • 2015
  • PURPOSES : The authors set out to estimate the related carbon emissions, energy use, and costs of the national freeways and highways in Korea. To achieve this goal, a macro-level methodology for estimating those amounts by road type, road structure type, and road life cycle was developed. METHODS : The carbon emissions, energy use, and costs associated with roads vary according to the road type, road structure type, and road life cycle. Therefore, in this study, the road type, road structure type, and road life cycle were classified into two or three categories based on criteria determined by the authors. The unit amounts of carbon emissions and energy use per unit road length by classification were estimated using data gathered from actual road samples. The unit amounts of cost per unit road length by classification were acquired from the standard cost values provided in the 2013 road business manual. The total carbon emissions, energy use, and cost of the national freeways and highways were calculated by multiplying the road length by the corresponding unit amounts. RESULTS: The total carbon emissions, energy use, and costs associated with the national freeways and highways in Korea were estimated by applying the estimated unit amounts and the developed method. CONCLUSIONS: The developed method can be employed in the road planning and design stage when decision makers need to consider the impact of road construction from an environmental and economic point of view.

A Study of the Valid Model(Kernel Regression) of Main Feed-Water for Turbine Cycle (주급수 유량의 유효 모델(커널 회귀)에 대한 연구)

  • Yang, Hac-Jin;Kim, Seong-Kun
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.20 no.12
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    • pp.663-670
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    • 2019
  • Corrective thermal performance analysis is required for power plants' turbine cycles to determine the performance status of the cycle and improve the economic operation of the power plant. We developed a sectional classification method for the main feed-water flow to make precise corrections for the performance analysis based on the Performance Test Code (PTC) of the American Society of Mechanical Engineers (ASME). The method was developed for the estimation of the turbine cycle performance in a classified section. The classification is based on feature identification of the correlation status of the main feed-water flow measurements. We also developed predictive algorithms for the corrected main feed-water through a Kernel Regression (KR) model for each classified feature area. The method was compared with estimation using an Artificial Neural Network (ANN). The feature classification and predictive model provided more practical and reliable methods for the corrective thermal performance analysis of a turbine cycle.

The Estimation of the Economic Effect on a Full Cycle Technology Development of Metal Mineral Resources (금속광물자원의 전주기 기술개발에 따른 경제적 효과 추정)

  • Kim, Shin-Jong;Kim, Dok-Han;Park, Jung-Gu
    • Environmental and Resource Economics Review
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    • v.18 no.2
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    • pp.345-375
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    • 2009
  • In this paper we examined the impact of mineral resources industry on the national economy and necessity of a mineral resources cycle technology development. For this purpose, the case study on Gagok polymetallic (zinc-lead-copper) mine, which is being re-developed, was carried out to study an anticipated effects of application of the full cycle technology. As a consequences of the study, if we apply the technology to a polymetallic (zinc-lead-cooper) mine, we can expect 55 billion won worth of import-substitution effect. Moreover, if applied to 10 similar mines, we can expect the 10.4% of import-substitution effect of the total imports annually. Also, national competitiveness in value chain of mineral industry will be promoted through the technological advancement in upper stream and the full cycle technology will render a service to the mineral industry to be the country's new growth engine.

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Environmental and economic life cycle analysis of hydrogen as Transportation fuels (자동차 연료로서 수소의 전과정 환경성/경제성 분석)

  • Lee, Ji-Yong;Cha, Kyoung-Hoon;Yu, Moo-Sang;Lee, Soo-Yeon;Hur, Tak;Lim, Tae-Won
    • New & Renewable Energy
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    • v.3 no.2 s.10
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    • pp.31-39
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    • 2007
  • 화석연료의 사용으로 인한 자원고갈과 지구온난화 영향 그리고 에너지 안보문제의 해결을 위해 세계 각국들은 대체에너지 개발에 많은 노력을 기울이고 있다. 그 중 수소는 다양한 경로를 통해 생산 가능하고, 수송연료로 사용 시, 유해 물질이 거의 배출되지 않는다는 장점 때문에 가장 주목받는 대체 에너지원이다. 현재는 수소생산 기술개발을 통해 상업화시기를 앞당기려고 하는 수소에너지 시대의 진입시점이라 할 수 있다. 그러나 수소는 생산경로에 따라 다양한 환경성 및 경제성 결과를 도출 할 수 있기 때문에 다양한 평가가 요구된다. 본 연구에서는 국내 수소생산 방식으로 개발/상용화되어있는 Natural Gas Steam Reforming (NGSR), Naphtha Steam Reforming (Naphtha SR), Water Electrolysis (WE)에 대하여, Life Cycle Assessment (LCA)와 Life Cycle Costing Analysis (LCCA) 방법을 사용하여, 수소경로 전반에 대한 즉, 원료채취부터 자동차로 주행하였을 때까지의 각 대상 수소경로의 환경성과 경제성을 평가하였다. LCA와 LCCA 결과는 Naphtha SR과 NGSR 수소경로에서 지구온난화와 화석자원 소모 부문 모두 기존연료 (가솔린, 디젤)와 비교해서 개선효과가 뚜렷하게 나타났으나, WE 수소경로는 오히려 환경부하가 증가되는 것으로 나타났다. 또한 경제성 측면에서는, 수소 판매 시 가솔린과 동일한 연료세율을 부과하더라도 수소가 가솔린에 비해 가격경쟁력을 확보하게 되는데, 이는 주행 시 수소자동차의 연비가 기존 차량에 비해 월등히 좋기 때문에 연료비용의 이점 때문이다. 만약, 수소에 연료세를 부과하지 않는 다면, Naphtha SR로 생산하여 유통한 수소가 수송연료로서 가장 뛰어난 비용효율성을 갖는 것으로 나타났다.

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Multilateral Nuclear Approaches (MNAs), Factors and Issues Lessons from IAEA Study to Regional Cooperation (다자간 원자력 협력: 요소와 현안)

  • Hwang Yong-Soo
    • Proceedings of the Korean Radioactive Waste Society Conference
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    • 2005.06a
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    • pp.56-66
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    • 2005
  • In response to the increasing emphasis being placed on the importance of international cooperation as part of global efforts to cope with growing non proliferation, and security, concerns in the nuclear field, the Director General of the International Atomic Energy Agency (IAEA), Mohamed ElBaradei, appointed an international group of experts to consider possible multilateral approaches to the nuclear fuel cycle. The mandate of the Expert Group was three fold: ${\bullet}$ To identify and provide an analysis of issues and options relevant to multilateral approaches to the front and back ends of the nuclear fuel cycle; ${\bullet}$ To provide an overview of the policy, legal, security, economic, institutional and technological incentives and disincentives for cooperation in multilateral arrangements for the front and back ends of the nuclear fuel cycle; and ${\bullet}$ To provide a brief review of the historical and current experiences and analyses relating to multilateral fuel cycle arrangements relevant to the work of the Expert Group. The overall purpose was to assess MNAs in the framework of a double objective: strengthening the international nuclear non proliferation regime and making the peaceful uses of nuclear energy more economical and attractive. The Group identifies options for MNAs - options in terms of policy, institutional and legal factors - for those parts of the nuclear fuel cycle of greatest sensitivity from the point of view of proliferation risk. It also reflects the Groups deliberations on the corresponding benefits and disadvantages (pros and cons) of the various options and approaches. Although the Expert Group was able to agree to forward the resulting report to the Director General, it is important to note that the report does not reflect agreement by all of the experts on any of the options, nor a consensus assessment of their respective value. It is intended only to present options for MNAs, and to reflect on the range of considerations which could impact on the desirability and feasibility of those options.

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Permanent and Transitory Factors of the Business Cycle in the NAFTA Region (NAFTA 지역 경기변동의 영구적 요인과 일시적 요인)

  • Kim, Jan R.
    • International Area Studies Review
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    • v.15 no.3
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    • pp.55-76
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    • 2011
  • In this paper, we estimate a model that incorporates key features of business cycles, co-movement among economic variables and switching between regimes of expansion and recession, to aggregate quarterly data for the NAFTA region. Two common factors reflecting the permanent and transitory components of the business cycle in the region, along with the turning points from one regime to the other, were extracted from the data by using the Kalman filter and maximum likelihood estimation approach of Kim (1994). Estimation results confirm that a typical aspect of business cycles are also observed (i.e., recessions are steeper and shorter than recoveries) in the region, and that both co-movement and that regime switching are found to be important features of the business cycle. The two common factors produce sensible representations of the trend and cycle, and the estimated turning points are in line with independently determined chronologies. It also turns out that the degree of synchronization between the NAFTA region and Korea, has significantly increased since the entry into force of the NAFTA.

Life Cycle Analysis of Greenhouse Gas Emissions of By-Product Hydrogen Produced from Coke Oven Gas in Steel Mill (제철소 코크스 오븐 가스 부생수소 전과정 온실가스 배출량 분석)

  • YEIM LEE;WOOJAE SHIN;YEJIN YU;HANHO SONG
    • Journal of Hydrogen and New Energy
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    • v.33 no.6
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    • pp.636-642
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    • 2022
  • The "Hydrogen Economic Activation Road map" was announced in 2019, and hydrogen demand is expected to exceed 470,000 tons per year in 2022 and keep increasing. Under this circumstance, it has become important to understand the greenhouse gas (GHG) emissions associated with various hydrogen production pathways. In this study, the evaluation of life cycle GHG emissions regarding the hydrogen produced as by-product from coke oven gas (COG) in steel mill is conducted. To cover the possible range of operations, three literatures were reviewed and their data of inputs and outputs for the process were adopted for calculation. Life cycle inventories and emission factors were mostly referred to GaBi and Intergovernmental Panel on Climate Change (IPCC) guidelines, respectively. When there are multiple products from a single process, the energy allocation method was applied. Based on these sources and the assumptions, the life cycle emission values of COG-based hydrogen were found to be 3.8 to 4.7 kg/CO2-eq./kg-H2.

Correlation Analysis on $CO_2$ Emission and Cost of Energy Resources and Life Cycle Assessment (에너지자원의 이산화탄소 배출량과 비용의 상관관계 분석과 전과정평가)

  • Kim, Heetae;Kim, Eun Chul;Ahn, Tae Kyu
    • 한국신재생에너지학회:학술대회논문집
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    • 2010.06a
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    • pp.153-153
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    • 2010
  • The world is moving towards a post-carbon society and needs clean and renewable energy for sustainable development. There are many methodological approaches which are helping this shift based on analyzed data about energy resources and which focus on limited types of energy including liquid fossil, solid fossil, gaseous fossil, and biomass (e.g. IPCC Guidelines, ISO 14064-1, WRI Protocol, etc.). We should also consider environmental impact (e.g. greenhouse gas emissions, water use, etc.) and the economic cost of the renewable energy to make a better decision. Recently, researchers have addressed the environmental impact of new technologies which include photovoltaics, wind turbines, hydroelectric power, and biofuel. In this work, we analyze the environmental impact with a carbon emission factor to present a correlation between $CO_2$ emission and the cost of energy resources standardized by the energy output. In addition, we reviewed Life Cycle Assessment (LCA) as another methodology. Researchers who are studying energy systems have ignored the impacts of entire energy systems, e.g. the extraction and processing of fossil fuels. In power sector, the assessment should include extraction, processing, and transportation of fuels, building of power plants, production of electricity, and waste disposal. Therefore LCA could be more suitable tool for energy cost and environmental impact estimation.

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Performance Analysis of Gas Turbine for Large-Scale IGCC Power Plant

  • Joo, Yong-Jin;Kim, Mi-Yeong;Park, Se-Ik;Seo, Dong-Kyun
    • KEPCO Journal on Electric Power and Energy
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    • v.2 no.3
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    • pp.415-419
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    • 2016
  • As the need for clean coal technology has grown, so has the global research and development efforts into integrated gasification combined cycle (IGCC) plants. An IGCC plant couples a gas turbine to a gasification block. Various technical and economic problems exist in designing such a system. One such problem is the difficulty in realizing economies of scale because the single-train flow capacity of commercial IGCC synthetic gas turbine plants is limited; the capacity does not exceed a net power rating of 300 MW. To address this problem, this study modeled and simulated a synthetic gas turbine with the goal of evaluating the feasibility of a 500 MW or larger IGCC plant. First, a gas turbine with the best output and efficiency was chosen for use with natural gas. The turbine was modeled using GateCycle (a simulation tool), and the integrity of the model validated by comparing the result to the design value. Next, off-design modeling was carried out for a gas turbine with synthetic gas based on its on-design model, and the result was compared with the study result of the gas turbine manufacturer. The simulation confirmed that it is possible to create a large capacity IGCC plant by undertaking the remodeling of a gas turbine designed to use natural gas into one suitable for synthetic gas.

A Study on Economic Analysis of LNG Fuel Propulsion Ships using Life Cycle Cost(LCC) Based on Combined Interest Rates and Sensitivity Analysis (복합이자율과 민감도분석에 기반한 LCC 기법에 의한 LNG 연료추진 선박 경제성 평가 사례 연구)

  • Hong, Jin Pyo;Kim, Su Yeong;Kim, Chwa Jin
    • Journal of the Society of Naval Architects of Korea
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    • v.51 no.6
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    • pp.451-458
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    • 2014
  • The purpose of this study is to compare the economics between a diesel propulsion vessel and a LNG fuel propulsion vessel through the analysis of the present value using the LCC(Life Cycle Cost) method. This study is also to judge the economics for long-term operation of a LNG fuel propulsion vessel as a result of analysis about the equivalent uniform annual cost. In particular, LCC method was strengthened by sensitivity analysis based on combined interest rate which is considering discount rate and inflation rate simultaneously.