• Title/Summary/Keyword: payback

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Prospects of wind energy on Penghu Island, Taiwan

  • Chen, Tsai-Hsiang;Tran, Van-Tan
    • Wind and Structures
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    • v.20 no.1
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    • pp.1-13
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    • 2015
  • This study applied long-term wind speed data from Penghu and Dongjidao weather stations to simulate the wind energy production for eight onshore and one offshore wind farms at Penghu Island, Taiwan by a commercial software package, Wind Atlas Application Program (WAsP). In addition, the RET Screen software suite was also applied to analyze economic characteristics of these nine wind farms (WFs). The results show that the capacity factors (CFs) of the nine wind farms mentioned above are in the range of 44.5% to 49.1%. In addition, utilizing 1.8-MW wind turbines (WTs) for all onshore WFs was the most feasible selection among the four potential types of WTs (600, 900, 1,800 and 3,600 kW) considered. 3-MW WTs selected for the offshore WF can produce the most wind energy and the smallest wake loss among the three possible types of WTs (1, 2 and 3MW). As a consequence of implementing these WFs, the emission of about 680,977 tons carbon dioxide ($tCO_2$) into the local atmosphere in Penghu Island annually could be avoided. Finally, based on the payback periods achieved, the order of implementation of the considered WFs can be identified more clearly. Longmen WF should be the first priority, and the next one should be SiyuWF and so on. Besides, this study provides much useful information for WF planning on Penghu Island.

Life cycle greenhouse-gas emissions from urban area with low impact development (LID)

  • Kim, Dongwook;Park, Taehyung;Hyun, Kyounghak;Lee, Woojin
    • Advances in environmental research
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    • v.2 no.4
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    • pp.279-290
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    • 2013
  • In this study, a comprehensive model developed to estimate greenhouse gas (GHG) emissions from urban area with low impact development (LID) and its integrated management practices (IMPs). The model was applied to the actual urban area in Asan Tangjeong district (ATD) as a case study. A rainwater tank (1200 ton) among various LID IMPs generated the highest amount of GHG emissions ($3.77{\times}10^5kgCO_2eq$) and led to the utmost reducing effect ($1.49{\times}10^3kgCO_2eq/year$). In the urban area with LID IMPs, annually $1.95{\times}104kgCO_2eq$ of avoided GHG emissions were generated by a reducing effect (e.g., tap water substitution and vegetation $CO_2$ absorption) for a payback period of 162 years. A sensitivity analysis was carried out to quantitatively evaluate the significance of the factors on the overall GHG emissions in ATD, and suggested to plant alternative vegetation on LID IMPs.

Application analysis to a shared apartment house of heat storage type GSHP system with dual storage tank (이중 축열조를 갖는 축열식 지열원 히트펌프시스템의 노인공동주택 적용 분석연구)

  • Park, Jong-Woo;Lee, Sang-Hoon;Cho, Sung-Hwan
    • Proceedings of the SAREK Conference
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    • 2008.11a
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    • pp.27-32
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    • 2008
  • The present study has been conducted economic analysis of heat storage type ground source heat pump system(HSGSHP) and normal ground source heat pump (GSHP) which are installed at the same building in the shared an apartment house. Cost items, such as initial cost, annual energy cost and maintenance cost of each system are considered to analyze life cycle cost (LCC) and simple payback period (SPP) with initial cost different are compared. The initial cost is a rule to the Government basic unit cost of production. LCC applied present value method is used to assess economical profit of both of them. Variables used to LCC analysis are prices escalation rate and interest rate mean values of during latest 10 years. The LCC result shows that HSGSHP (1,050,910,000won) is more profitable than GSHP by 68.9% initial cost. And SPP appeared 3.0 year overcome the different initial cost by different annual energy cost.

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Energy and Economic Analysis of Heat Recovery Cogeneration Loop Integrated with Heat Pump System by Detailed Building Energy Simulation (건물 에너지 상세 해석을 통한 소형 열병합 발전 및 히트펌프 복합 시스템의 경제성 분석)

  • Seo, Dong-Hyun;Koh, Jae-Yoon;Park, Yool
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.21 no.2
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    • pp.71-78
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    • 2009
  • Up until recently, the energy and the economic analysis of a cogeneration system have been implemented by a manual calculation that is based on monthly thermal loads of buildings. In this study, a cogeneration system modeling validation with a detail building energy simulation, eQUEST, for a building energy and cost prediction has been implemented. By analyzing the hourly building electricity and thermal loads, it enables users to decide proper cogeneration system capacity and to estimate more accurate building energy consumption. eQUEST also verified the energy analysis when the heat pump system is integrated with the cogeneration system. The mechanical system configuration benefits from the high efficiency heat pump system while avoiding the building electricity demand increase. Economic analysis such as LCC (Life Cycle Cost) method is carried out to verify economical benefits of the system by applying actual utility rates of KEPCO(Korea Electricity Power COmpany) and KOGAS(KOrea GAS company).

A Study on the Optimal Sizing of Wastewater Recycling System for Office Buildings (사무소건설물(事務所建設物) 중수설비(中水設備)의 적정용량산정(適正容量算定)에 관한 연구(硏究))

  • Jung, Jong-Rim;Lee, Kyung-Hoi
    • KIEAE Journal
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    • v.2 no.3
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    • pp.25-32
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    • 2002
  • The demand for water in a city area has enormously increased due to the concentration of population and improvement of the living quality. In this reason, the water shortage and the pollution by city sewage seem to be inevitable. For saving city water and meeting the demands from the city, the wastewater recycling system can be used, which makes used water reusable by a certain purification process. In Korea, the application of a wastewater recycling system to the buildings has continuously been adopted since its first appearance at the Lotte World Complex in 1989. However, the system has not been in fashion because of its high cost and users' negative attitude against recycled water. A research based on literature review and a case study for a recycling water system was carried out and an estimation and evaluation model was proposed. The results from the present study suggest that the optimal size of the recycling water system should be designed within 30-40% of total water demand in a building. Also, it was found that economic benefits could be expected within the payback period of 5.3 years by securing the operation rate over 70%.

Development of Energy Saving System Using the Microwave Sensor (마이크로웨이브 센서를 이용한 에너지 절약시스템 개발)

  • Jung, Soon-Won;Lee, Jae-Jin;Koo, Kyung-Wan
    • The Transactions of the Korean Institute of Electrical Engineers P
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    • v.57 no.4
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    • pp.404-407
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    • 2008
  • Because of directly receiving the thing in which a microwave is reflected and comparing the frequency, the microwave sensor with doppler effect completely overcomes the problem of the passive infrared sensor. The microwave sensor with doppler effect well operates about a temperature, the dust, and the peripheral noise because of being dull in the most of ambient conditions. The system developed in this research is the electricity saving detection sensor which it senses the real time action of a man as the microwave sensor and automatically turns on the electric lamp and turns off, minimizes the electrical energy consumption. Since the microwave sensor is not influenced in the light, the dust, and the natural element like the ambient temperature, the effectiveness is considered to be superior to the passive infrared sensor being used currently. There was the energy reduction effect more than about 60% in the performed example which established this system. When this was compared with the construction cost, the cost of establishing payback period was about 1-1.5 year. The microwave sensor with doppler effect developed from this research result is convinced in the future to do enough for the electric energy saving.

Low-grade waste heat recovery and repurposing to reduce the load on cooling towers

  • McLean, Shannon H.;Chenier, Jeff;Muinonen, Sari;Laamanen, Corey A.;Scott, John A.
    • Advances in Energy Research
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    • v.7 no.2
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    • pp.147-166
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    • 2020
  • Industrial cooling towers are often ageing infrastructure that is expensive to maintain and operate. A novel approach is introduced in which a heat pump circuit is incorporated to reduce the load upon the towers by extracting low-grade energy from the stream sent to the towers and repurposing in on-site processing operations. To demonstrate the concept, a model was constructed, which uses industrial data on cooling towers linked to a smelter's sulphuric acid plant, to allow direct economic and environmental impact comparison between different heat recovery and repurposing scenarios. The model's results showed that implementing a heat pump system would significantly decrease annual operating costs and achieve a payback period of 3 years. In addition, overall CO2 emissions could be reduced by 42% (430,000 kg/year) and a 5% heat load reduction on the cooling towers achieved. The concept is significant as the outcomes introduce a new way for energy intensive industrial sectors, such as mineral processing, to reduce energy consumption and improve long-term sustainable performance.

The Performance Estimation of Pressure-Type Rapid Automatic Filter (압력식 급속 자동 여과장치의 여과성능 평가)

  • Kim, Deok-Jin;Ryu, Hea-Seong;Shin, Sang-Yoon
    • Proceedings of the SAREK Conference
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    • 2006.06a
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    • pp.607-612
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    • 2006
  • A pressure-type rapid automatic filter of 2000mm diameter and 170 ton/h filtering capacity was fabricated. In case of no external impurity inflow, the turbidity removal efficiency on raw water was experimented and the numbers of impurities of each sizes were analyzed by particle counter. As the result of circulated filtering, the raw water of 40 NTU was filtered to 0.44 NTU and the numbers of impurities above $1{\mu}m$ were removed by approximately 95%. With the filtering efficiency experimented and the mathematical method, the turbidity change of circulation water were calculated according to the inflow rate of external impurity and water treatment method of blow-down or filtering. The cost of blow-down water was calculated from above results. And simple payback period for this filter is calculated as about one year. Nowadays, as the cost of water is continuously increasing and environment regulations will be more strict, the water quality control using this filter will be expected to satisfy the user requirement.

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Economic Analysis of the Donghae-Bukppuseon Railway (동해북부선 철도의 경제적 효과)

  • Kim, Sun-Ju
    • Land and Housing Review
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    • v.11 no.4
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    • pp.15-26
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    • 2020
  • This study analyzes the Domestic Economic Ripple Effect (DERE) of the Donghae-Bukpuseon Railway (DBR). Input-Output Analysis and Scenario Analysis are employed. First, the future demand is approximately 6.86 billion people, 1.4 billion tons of logistics, and future forecast production is 1.2 trillion won for passengers, and 0.15 trillion won for logistics. Second, the production inducement (PI) coefficient of the railway industry is 2.080, the value-added inducement (VAI) coefficient is 0.680, the import inducement (II) coefficient is 0.32 and the employment inducement (EI) coefficient is 6.45. Third, for the DERE, PI is 2.846 trillion won, VAI is 0.939 trillion won, II is 0.446 trillion won, and EI is 8,737 people/1 billion won. Fourth, PI is approximately 2.8 trillion won, and the payback period is 35 years. Scenario 1 (a 50% increase in the demand for tourism) takes approximately 27 years, Scenario 2 (an 100% increase), 20 years, and Scenario3 (an 150% increase), 16 years. The successful way of the DBR is to enlarge the linkage effect of trans-railways for which international cooperation and agreements are needed. Also, even if the DBR is isolated due to worsening inter-Korea relations, the development of tourism resources is important for public investment feasibility.

Cooling and Heating Energy Performance and Cost Analysis of Vertical Closed-loop Geothermal Heat Pump Coupled with Heat Storage Tank Compared to Conventional HVAC System (일반공조 시스템 대비 축열조와 연동된 수직밀폐형 지열히트펌프의 냉난방 에너지 성능 및 경제성 분석)

  • Kim, Min-Ji;Do, Sung-Lok;Choi, Jong-Min;Lee, Kwang Ho
    • Journal of the Architectural Institute of Korea Structure & Construction
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    • v.34 no.11
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    • pp.81-87
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    • 2018
  • Among various types of geothermal heat pump systems, Vertical Closed-Loop Geothermal Heat Pump (VGSHP) has received increasing attention due to a variety of advantages such as the potential to be installed in a relatively small space and improved energy efficiency. In this research, the performance of VGSHP system coupled with heat storage tank was evaluated, by analyzing operational behavior of heat storage tank, the variations of heat pump energy performance due to the connection with heat storage tank, part load ratios characteristics of heat pump and the corresponding energy cost, compared to chiller and boiler based conventional system. The results of this study showed that the VGSHP system coupled with heat storage tank showed an energy saving effect of about 18% for cooling and about 73% for heating, and annual heating/cooling energy cost reduction of 43,000,000 KRW ($ 39,000), compared to the conventional air conditioning system. In addition, after considering both energy cost and initial investment cost including equipment, installation and auxiliary device expenses, payback period of approximately 11.8 years was required.