• Title/Summary/Keyword: electricity price

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Study on Optimal Control Algorithm of Electricity Use in a Single Family House Model Reflecting PV Power Generation and Cooling Demand (단독주택 태양광 발전과 냉방수요를 반영한 전력 최적운용 전략 연구)

  • Seo, Jeong-Ah;Shin, Younggy;Lee, Kyoung-ho
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.28 no.10
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    • pp.381-386
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    • 2016
  • An optimization algorithm is developed based on a simulation case of a single family house model equipped with PV arrays. To increase the nationwide use of PV power generation facilities, a market-competitive electricity price needs to be introduced, which is determined based on the time of use. In this study, quadratic programming optimization was applied to minimize the electricity bill while maintaining the indoor temperature within allowable error bounds. For optimization, it is assumed that the weather and electricity demand are predicted. An EnergyPlus-based house model was approximated by using an equivalent RC circuit model for application as a linear constraint to the optimization. Based on the RC model, model predictive control was applied to the management of the cooling load and electricity for the first week of August. The result shows that more than 25% of electricity consumed for cooling can be saved by allowing excursions of temperature error within an affordable range. In addition, profit can be made by reselling electricity to the main grid energy supplier during peak hours.

Potential of Agricultural Residues for Small Biomass Power Generation in Thailand

  • Panklib, Thakrit
    • International Journal of Advanced Culture Technology
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    • v.4 no.1
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    • pp.1-9
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    • 2016
  • The demand for energy in Thailand has been continually increasing as the economic and social country grows. Approximately 60% of Thailand's primary energy is imported, mostly petroleum products. In 2008 Thailand's total energy consumption was 80,971 ktoe and the net price of energy imported was up to 1,161 billion Baht which is equivalent to 12.8% of GDP at the current price. The energy consumption or energy demand has been growing at an annual compounded growth rate of 6.42% and the peak electric power demand and electricity consumption was recorded at 22,568 MW and 148,264 GWh and grew at a rate of 7.0% and 7.5% per annum during the period from 1989 to 2008. The gross agriculture production in 2008 was recorded at 135.4 Mt which represents agriculture residue for energy at 65.73 Mt, which is equivalent to energy potential of about 561.64 PJ or 13,292 ktoe an increase in average of 5.59% and 5.44% per year respectively. The agricultural residues can converted to 15,600 GWh/year or 1,780 MW of power capacity. So, if government sector plan to install small biomass gasification for electricity generation 200 kW for Community. The residue agricultural is available for 8,900 plants nationwide. The small biomass power generation for electricity generation not only to reduce the energy imports, it also makes the job and income for people in rural areas as well. This paper's aim is to report the energy situation in Thailand and has studied 5 main agricultural products with high residue energy potential namely sugarcane, paddy, oil palm, cassava, and maize appropriate for small electricity production. These agricultural products can be found planted in many rural areas throughout Thailand. Finally, discuss the situation, methods and policies which the government uses to promote small private power producers supplying electricity into the grid.

RPSMDSM: Residential Power Scheduling and Modelling for Demand Side Management

  • Ahmed, Sheeraz;Raza, Ali;Shafique, Shahryar;Ahmad, Mukhtar;Khan, Muhammad Yousaf Ali;Nawaz, Asif;Tariq, Rohi
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.14 no.6
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    • pp.2398-2421
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    • 2020
  • In third world countries like Pakistan, the production of electricity has been quickly reduced in past years due to rely on the fossil fuel. According to a survey conducted in 2017, the overall electrical energy capacity was 22,797MW, since the electrical grids have gone too old, therefore the efficiency of grids, goes down to nearly 17000MW. Significant addition of fossil fuel, hydro and nuclear is 64.2%, 29% and 5.8% respectively in the total electricity production in Pakistan. In 2018, the demand crossed 20,223MW, compared to peak generation of 15,400 to 15,700MW as by the Ministry of Water and Power. Country faces a deficit of almost 4000MW to 5000MW for the duration of 2019 hot summer term. Focus on one aspect considering Demand Side Management (DSM) cannot oversea the reduction of gap between power demand and customer supply, which eventually leads to the issue of load shedding. Hence, a scheduling scheme is proposed in this paper called RPSMDSM that is based on selection of those appliances that need to be only Turned-On, on priority during peak hours consuming minimum energy. The Home Energy Management (HEM) system is integrated between consumer and utility and bidirectional flow is presented in the scheme. During peak hours of electricity, the RPSMDSM is capable to persuade less power consumption and accomplish productivity in load management. Simulations show that RPSMDSM scheme helps in scheduling the electricity loads from peak price to off-peak price hours. As a result, minimization in electricity cost as well as (Peak-to-Average Ratio) PAR are accomplished with sensible waiting time.

Economic Analysis of a Residential Ground-Source Heat Pump System (단독주택용 지열원 열펌프 시스템의 경제성 분석)

  • Sohn, Byong-Hu;Kang, Shin-Hyung;Lim, Hyo-Jae
    • New & Renewable Energy
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    • v.3 no.4
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    • pp.31-37
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    • 2007
  • Because of their low operating and maintaining costs, ground-source heat pump(GSHP) systems are an increasingly popular choice for providing heating, cooling and water heating to public and commercial buildings. Despite these advantages and the growing awareness, GSHP systems to residential sectors have not been adopted in Korea until recently. A feasibility study of a residential GSHP system was therefore conducted using the traditional life cycle cost(LCC) analysis within the current electricity price framework and potential scenarios of that framework. As a result, when the current residential electricity costs for running the GSHP system are applied, the GSHP system has weak competitiveness to conventional HV AC systems considered. However, when the operating costs are calculated in the modified price frameworks of electricity, the residential GSHP system has the lower LCC than the existing cooling and heating equipments. The calculation results also show that the residential GSHP system has lower annual prime energy consumption and total pollutant emissions than the alternative HVAC systems considered in this work.

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Assessing the Economic and $CO_2$ Emission Reductions Viability of Domestic Ground-Source Heat Pumps (단독주택용 지열 열펌프 시스템의 경제성과 이산화탄소 배출 저감 가능성 평가)

  • Sohn, Byong-Hu;Kang, Shin-Hyung
    • Proceedings of the SAREK Conference
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    • 2009.06a
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    • pp.64-69
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    • 2009
  • Because of their low operating and maintaining costs, ground-source heat pump(GSHP) systems are an increasingly popular choice for providing heating, cooling and water heating to public and commercial buildings. Despite these advantages and the growing awareness, GSHP systems to residential sectors have not been adopted in Korea until recently. A feasibility study of a residential GSHP system was therefore conducted using the traditional life cycle cost(LCC) analysis within the current electricity price framework and potential scenarios of that framework. As a result, when the current residential electricity costs for running the GSHP system are applied, the GSHP system has weak competitiveness to conventional HVAC systems considered. However, when the operating costs are calculated in the modified price frameworks of electricity, the residential GSHP system has the lower LCC than the existing cooling and heating equipments. The calculation results also show that the residential GSHP system has lower annual prime energy consumption and total greenhouse gas emissions than the alternative HVAC systems considered in this work.

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Economic Analysis of a Residential Ground-Source Heat Pump System (단독주택용 지열원 열펌프 시스템 경제성 분석)

  • Sohn, Byong-Hu;Kang, Shin-Hyung;Lim, Hyo-Jae
    • 한국신재생에너지학회:학술대회논문집
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    • 2007.11a
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    • pp.515-518
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    • 2007
  • Because of their low operating and maintaining costs, ground-source heat pump(GSHP) systems are an increasingly popular choice for providing heating, cooling and water heating to public and commercial buildings. Despite these ad- vantages and the growing awareness, GSHP systems to residential sectors have not been adopted in Korea until recently. A feasibility study of a residential GSHP system was therefore conducted using the traditional life cycle cost(LCC) analysis within the current electricity price framework and potential scenarios of that framework. As a result, when the current residential electricity costs for running the GSHP system are applied, the GSHP system has weak competitiveness to conven- tional HVAC systems considered. However, when the operating costs are calculated in the modified price frameworks of electricity, the residential GSHP system has the lower LCC than the existing cooling and heating equipments. The calculation results also show that the residential GSHP system has lower annual prime energy consumption and total pollutant emissions than the alternative HVAC systems considered in this work.

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The feasibility analysis for energy utilization of forest biomass (산림 바이오매스의 에너지 활용을 위한 타당성 분석)

  • Kang, Hyeun Koo;Park, Kee Chul;Kim, Lae Hyun
    • Journal of Energy Engineering
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    • v.23 no.1
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    • pp.7-20
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    • 2014
  • The optimal woodchip production system was developed and the production cost of a forest woodchip fuel was calculated for utilizing the pitch pine, which covers around 480,000ha nationwide. the marginal price of the woodchip fuel considering the factor of supply price, electricity and heat selling price as well as capacity factor were suggested and the economic sensitivity analysis was conducted for various scenario. The most important variable which determine economic feasibility was a fuel cost for the power generation facility. If the electricity price is higher than the current SMP(System Marginal Price) or the capacity factor is higher than 80%, there fully is a benefit to consume the woodchip fuels produced in the suggested production system in this study. In addition, the additional benefit becomes more obvious when considering REC(Renewable Energy Certificate) and CDM(Clean Development Mechanism). Therefore, it is strongly suggested for domestic power generation sector to utilize the forest biomass fuel to achieve the obligatory target of RPS.

The Effects of Energy Price Increase on Automobile Industry (에너지가격 상승이 자동차산업에 미치는 영향)

  • Kim, Younduk;Han, Hyun-Ok
    • Journal of Environmental Policy
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    • v.11 no.3
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    • pp.97-122
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    • 2012
  • This article analyzes the effects of energy price increase induced by GHGs mitigation policy on automobile industry empirically. An increase in energy price due to GHGs mitigation policy does not have a significant effect on the production and the value-added in automobile industry. Electricity price has a negative effect on the production and the value-added in automobile industry, but it is not significant. However, employment is significantly affected by a change in electricity price. Export is also affected negatively, but the effect is insignificant. These results imply that GHGs mitigation policy such as carbon tax might affect adversely the employment in automobile industry. Especially, their effects on employment are significant. Therefore, some moderating measures to relieve the adverse effects on employment in automobile industry should be called upon with the implementation of GHGs mitigation policy.

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Impacts of Low-priced of Industrial Electricity and Loose Environment Regulations on Investment Incentives of Inward Foreign Direct Investment of the Manufacturing Industries in Korea (외국계 제조업체 투자유인으로서의 저렴한 전기요금과 느슨한 환경규제 영향력)

  • Kim, Jung A;Lee, Hee Yeon
    • Journal of the Economic Geographical Society of Korea
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    • v.17 no.2
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    • pp.231-248
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    • 2014
  • The role of the foreign direct investment is very crucial for the regional economic growth nowadays. The inward FDI in Korea has been increased since the Act of foreigner investment promotion in 1998. The municipal and national government have designated the special industrial zones and supported the diverse incentives for the foreign investment companies. The service sector had a large share of inward FDI. However, manufacturing sector overtook the service sector as the largest FDI in 2009. This study focuses on the greenfield manufacturing FDI, which was established from 1999 to 2012 in Korea. In order to find out the impacts of low-priced industrial electricity and loose environmental regulations on choosing Korea, this paper did in-depth interviews with MOTIE, Korea industrial complex, Korea Trade-Investment Promotion Agency, some FDI companies. Investment incentives such as low price of domestic industrial electricity strongly affect why manufacturing FDI companies choose Korea to invest. The Korean government has also acknowledges that low-price policy can internationally compete to attract FDI. There is a possibility that FDI energy-guzzling industrial companies may choose for Korea to use the low-priced electricity, raising the issue of supply-demand of electricity of Korea in the future.

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Generator Scheduling Considering System's Reliability and Demand Response (시스템의 신뢰도와 수요 반응을 고려한 발전 운영)

  • Kwag, Hyung-Geun;Kim, Jin-O
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.60 no.5
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    • pp.929-935
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    • 2011
  • Customers hardly change to electric prices in old days because electricity is essential commodity, while demand changes with price after deregulation. It's explained by price-based demand response with demand-elasticity matrix. Also all of the customers have had identical demand-price elasticity matrix till now. But in a practical power system, various customers are present with taking a variety of demand-price elasticity. Therefore this paper proposes demand-price sensitivity to represent different demand-price elasticity. Also as proposing demand-reliability sensitivity, it is modeling various customers' characteristics to reliability. And then this paper calculates total expected interruption cost of customer from the customer interruption cost and the demand-reliability sensitivity. A total expected interruption cost of system is shown as opportunity cost of a generation cost.