• Proceedings of the KIEE Conference
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• 1995.07b
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• pp.531-534
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• 1995

This paper presents mathematical formulation of economic dispatch problem for power system considering cogeneration systems. For exact mathematical formulation, conceptual division technique is introduced. Simulation is conducted to power system including two cogeneration systems.

• KEPCO Journal on Electric Power and Energy
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• v.2 no.1
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• pp.109-113
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• 2016

Techno-economic evaluation of Non-Capture $CO_2$ Utilization (NCCU) technology for the production of high-value-added products using greenhouse gas ($CO_2$) was performed. The general scheme of NCCU process is composed of $CO_2$ carbonation and brine electrolysis process. Through a carbonation reaction with sodium hydroxide that is generated from brine electrolysis and $CO_2$ of the flue gas, it is possible to get high-value-added products such as sodium bicarbonate, sodium hydroxide, hydrogen & chloride and also to reduce the $CO_2$ emission simultaneously. For the techno-economic study on NCCU technology, continuous operation of bench-scale facility which could treat $2kgCO_2/day$ was performed. and based on the key performance data evaluated, the economic evaluation analysis targeted on the commercial chemical plant, which could treat 6 tons $CO_2$ per day, was performed using the net present value (NPV) metrics. The results showed that the net profit obtained during the whole plant operation was about 7,890 mKRW (million Korean Won) on NPV metrics and annual $CO_2$ reduction was estimated as about $2,000tCO_2$. Also it was found that the energy consumption of brine electrolysis is one of the key factors which affect the plant operation cost (ex. electricity consumption) and the net profit of the plant. Based on these results, it could be deduced that NCCU technology of this study could be one of the cost-effective $CO_2$ utilization technology options.

• Proceedings of the Korean Nuclear Society Conference
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• 2005.05a
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• pp.277-278
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• 2005

• The Transactions of the Korean Institute of Electrical Engineers A
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• v.55 no.10
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• pp.418-425
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• 2006

This paper describes a simulation package for a power system using objected-oriented programming. The package includes four parts which are a power flow, a short circuit calculation, a transient simulation program, and an economic dispatch. The graphical user interface(GUI) is designed as a common platform which allows the user to create one-line diagrams of systems, specify components of power systems as well as simulation parameters, and view the output produced by the chosen application. The paper presents the data structure of the functional modules such as the draw module, power system data module, the power system simulation module, and the utility module using the object oriented programming. This package may be useful for educational and research purposes.

• Proceedings of the KIEE Conference
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• 2001.07a
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• pp.521-523
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• 2001

The electric demand increase, financial need for new power plant constructions and environmental problem have led to search for more efficient energy production and energy conservation technology. To minimize the construction of power plants and reduce total power consumption include installation of inverters to motors used for pumps and fans. However, the high price of Inverters is the biggest obstacle to their wide use. Accordingly, to maximize the effect of energy saving by the expanded use of inverters, governmental economic support as well as the analysis of energy saving effect. This paper presents the cost-effectiveness analysis for DSM program evaluation and case study to analyze inverter DSM program.

• Proceedings of the KIEE Conference
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• 1996.07b
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• pp.707-710
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• 1996

This paper is to build and develop the generation schedule program to provide a stable power supply and economic operation of power generation system. A practical algorithm is presented for solving the thermal unit commitment problem which is one of very important areas in economic operation of power system. This algorithm is based on priority ordering by the unit generation cost and it is shown that the operation cost of chosen sets of generators is the minimum. The proposed method is proven to be very practical, accurate and efficient in a KEPCO system.

• 한국정보통신설비학회:학술대회논문집
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• 2008.08a
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• pp.55-58
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• 2008

This article describes power supply infrastructure construction methods which are considered from U-City infrastructure. For the eisting city and town, it is one the issue to find an economic method to construct outside infrastructure including ubiquitous service device. Because the economic construction method could minimize the construction budget which cost big portion of U-City. And the power supply infrastructure is the fundamental layer to keep network and service layer stable. This paper suggests several ways to construct methods with keeping pre-constructed underground power cable by attaching inepensive power nodal controller working in zigbee network and introduces how to monitor and mana ge the status of power supply to network and service device.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.67 no.2
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• pp.158-164
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• 2018

Wind power forecast is critical for efficient power system operation. However, wind power has high forecasting errors due to uncertainty caused by the climate change. These forecasting errors can have an adverse impact on the power system operation. In order to mitigate the issues caused by the wind power forecasting error, wind power curtailment and energy storage system (ESS) can be introduced in the power system. These methods can affect the economics of wind power resources. Therefore, it is necessary to evaluate the economics of the methods for mitigating the wind power forecasting error. This paper attempts to analyze the economics of wind power curtailment and ESS operation for mitigating wind power forecasting error. Numerical simulation results are presented to show the economic impact of wind power curtailment and ESS operation.

• 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.

• Journal of Energy Engineering
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• v.25 no.3
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• pp.136-148
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• 2016

We analyze economic effects of GHG reduction measures of the generation industry to meet 2030 GHG reduction target using the scenario based approach. We estimate the GHG emission of the Korean power industry in 2030 based on both the $7^{th}$ Electricity Supply & Demand Plan and the GHG emission coefficients issued by IAEA. We set up three scenarios for reduction measures by replacing the coal fired plants with nuclear power, renewable energy and carbon capture and storage. Once and for all, the nuclear power scenario dominates the other energy technologies in terms of GHG reduction quantities and economic effects.