• IE interfaces
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• v.4 no.2
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• pp.67-72
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• 1991

CWM(Coal Water Mixture) is a mixed fuel that consists of coal, water and additives. The main advantages of CWM are reducing the oil consumption and the air pollution materials such as flyash, dirt, and $SO_x$. This paper presented a case study for the economic feasibility analysis of changing an existing coal-oil power plant to a CWM power plant. The economic analysis of changing a coal-oil power plant to a CWM power plant was based on the total annual incremental costs of two power plants. We found that this project was economically and environmentally acceptable.

• Current Photovoltaic Research
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• v.11 no.4
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• pp.134-143
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• 2023

Efforts are being made to respond to global warming. Interest in and demand for the private sector-led RE100 campaign is also increasing. Self-built solar power generation, one of the implementation tools for RE100, is not expanding. However, it can be an economical means of implementation in the long run. In this study, we intend to analyze the impact on the optimal ratio of self-solar power generation using HOMER simulation. OPR defines the optimal solar power generation ratio and looks into what changes there are in the optimal solar power ratio when self-power consumption increases and external power purchase price changes. As a result, the optimal rate of self-solar power generation has a low impact even if self-power consumption increases. As the external power unit price increases, the optimal ratio increases, and at a power unit price of 100 KRW/kWh, OPR is 24%; at 200 KRW/kWh OPR is 31%; and at 300 KRW/kWh OPR is 34%. This shows that the electricity price replaced during the life cycle has a high impact on the economic feasibility of solar power generation. However, when the external power unit price reached a certain level, the increase in OPR decreased. This shows that it is difficult for domestic companies to achieve RE100 based on the economic feasibility of solar energy alone. Therefore, efforts are needed to supply renewable energy in the public sector.

• Proceedings of the KIEE Conference
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• 2002.07b
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• pp.1254-1257
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• 2002

This study presents the configuration schemes for railway power distribution system. The possible alternatives are derived and reviewed on the basis of power quality, reliability, and economic aspects. As a result, a few of configuration schemes are recommended for railway power distribution system

• Journal of Climate Change Research
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• v.8 no.1
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• pp.21-30
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• 2017

Recently, There has been much discussed about unused space. This space can be used in a variety of ways. Utilizing it as a facility, craft shop, and utilizing renewable energy generation facilities. Especially, in terms of climate change should be supplied renewable energy. Renewable energy needs to be developed in terms of responding to climate change, and the recent Paris agreement is also emphasizing the importance of renewable energy. In particular, renewable energy needs to be widely disseminated. And renewable energy is limited space. In this regard, idle land can provide opportunities for securing new renewable energy generation facilities. The introduction of new and renewable energy facilities in idle space can enhance the self-sufficiency rate of the local community, which is significant in terms of responding to climate. In this study, to investigate the possibility of utilizing a unused space for a photovoltaic power generation facility, we investigated the amount of electricity which could be generated through photovoltaic power generation, and the economic effects, using a RETScreen model. The results showed that 9,738 MWh of power can be generated and that $4,540tCO_2eqcan$ be saved. Regarding the economic effect, the net present value of the facility was shown to be 2,247,389,020 KRW. As the net present value was shown to be positive, we believe that the installation of a photovoltaic power generation facility in an unused space would have a positive economic effect. We found the net present value following the fluctuation of the SMP price to be positive, though there was some variation. However, as the economic efficiency was shown to be low because the net present value in relation to the maintenance costs was negative, we believe that maintenance costs must be taken fully into account when evaluating economic efficiency. In particular, as subsidies can be used to cover maintenance costs which must be factored into photovoltaic power generation, we believe that photovoltaic power generation can have an economic effect. Because spaces not currently in use can have a positive economic effect as renewable energy power generation facilities, and can also contribute to the reduction of greenhouse gas emissions, unused spaces are thought to greatly help local governments to cope with climate change as well as reinforcing their related capabilities. We believe our study will help local governments with decisions relating to unused real estate utilization in the future.

• The Journal of the Korea Contents Association
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• v.10 no.11
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• pp.318-328
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• 2010

This paper as basic work on the regional economic policy of Korean government considers economic conditions and fundamentals of the cold started 5+2 mega-regional economic zones and makes a comparative study of regional economic power of national mega-regional economic zones based on the established economic indicator. Therefore, this study aims to consider henceforward policy direction of the mega-regional economic zone and the validity of the regional economic policy, which promote autonomous mega-regional economic zone in dimension to secure the global competitiveness. According to the comparison result of regional economic power index, the capital area had absolute superiority, while Gangwon, Honam and Jeju areas were relatively weak. Since the given regional conditions are dissimilar, the government must consider regional characteristics and economic fundamentals carefully, as they push henceforth regional development policy for the mega-regional economic zone. What is more, the government should promote a balance of the regional development, through to maintain demand-based policy and demand-pull policy flexibly, which are based on demand analysis, as well as unequal quota budget and policy for regions, which are relatively falling behind in terms of development and income.

• Journal of Navigation and Port Research
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• v.39 no.2
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• pp.99-105
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• 2015

Until recently, thermal power plants have used high-rank coals to generate electricity. The switched to low-rank coals, primarily because of the rising coal price and the advancement of combustion technology. Therefore the thermal power plants need more fuels aspect of quantity and they are going to build extra infrastructure to deal with the increased fuel demand in their specialized ports. This paper introduces the process of the economic analysis as a case study for Hadong T/P(Thermal Power) Port. This study also evaluates investment for mew projects in ports. We analyze the costs and benefits of the port investment project using various information. And then we conduct the economic analysis using NPV(net present value), B/C ratio and IRR grounded in a financial theory. Out result of the economic feasibility shows that the new project of constructing a third berth in Hadong T/P Port has positive economic value. Additionally, this study conducts the sensitivity analysis of the major variables like cost, benefit and discount rate.

• International Journal of Human Ecology
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• v.12 no.2
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• pp.51-63
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• 2011

This paper examines the relationship between economic dependence and gender differences in housework in Korea. There are three explanatory alternatives for the relationship; economic rule of exchange, gender display perspective and deviant neutralization. We analysed both 2004 and 2009 time use survey data. The findings show the significant gender differences in time spent on housework that wives spend much more time on housework than husbands. However, among couples with non-normative gender roles, in some cases the more economically powerful wives spend more time on housework than breadwinner wives with weaker economic power, although such cases are rare. Rather, it is appropriate to conclude that, the more economically independent the wives, the less time they spend on housework; this is also the case for husbands. Overall, the Korean case shows what the economic exchange theory predicts. Thus, improvements in working wives' economic power will lead to gender equity in the division of housework.

• Proceedings of the KIEE Conference
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• 2002.07b
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• pp.1316-1318
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• 2002

A methodology for reliability and economic analysis of wind embedded electric power system is presented in this paper. This is done by evaluating the reliability index, loss of load expectation (LOLE), for the power system with and without integration of wind system in the overall electric power system. Economic analysis of the wind energy embedded electric system is done in terms of conventional fuel saving assessment due to the use of wind power generation units.

• Proceedings of the KIEE Conference
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• 2005.11b
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• pp.356-358
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• 2005

This paper evaluates minimum and maximum power exchange considering economic and technical characteristics between Russia and ROK. First, we evaluate minimum power exchange to assure the economic feasibility by comparison with the total cost and benefit of the interconnected line. For evaluating maximum exchange power, system constraints are considered, which are examined through load flow and dynamic analysis by using the PSS/E program. As a result of these evaluations, we suggest the reasonable range of power exchange between ROK and Russia considering economic and technical constraints with the interconnection scenario that power system interconnection between ROK and Russia will be realized in the year 2010.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.61 no.1
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• pp.16-21
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• 2012

The growth in IT industry has brought a corresponding rise in the number of connected digital devices in the distribution network. These digital loads lead to AC to DC conversion losses in order to supply power to them. The more the renewable energies and plug-in electrical vehicles penetrated our lives, the more the electrical losses are caused by AC to DC conversion process. Hence, this paper suggests the methodology for evaluating the amount of power supplied according to the ratio of DC power supply and performs an economic analysis of DC distribution system considering grid parity. In here, the cost of carbon emission reduced by renewable energy is also concerned.