• Title/Summary/Keyword: Economic Evaluation Algorism

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Economic Evaluation Algorithm of Island Micro-grid for Utility and Independent Power Producer (전력회사와 발전사업자 측면에서 도서지역용 마이크로그리드의 경제성평가 알고리즘)

  • Nam, Yang-Hyum;Lee, Hoo-Dong;Kim, Yu-Rim;Marito, Ferrira;Kim, Mi-Young;Rho, Dae-Seok
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.66 no.7
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    • pp.1032-1038
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    • 2017
  • Recently, regulation on carbon emissions has been strengthened according to the new climate change convention (COP21) held in Paris, and then Korea has decided to reduce CO2 emissions by 37% until 2030. As one of countermeasures, the government has energetically performed demonstration projects of island micro-grid including solar power, wind power and energy storage system. However, in order to smoothly introduce island micro-grid, it is a critical issue to carry out the economic evaluation for power utility aspect and independent power producer aspect. Therefore, this paper proposes economic evaluation algorithms of island micro-grid which are based on the present worth method, considering cost and benefit factors in the aspect of both sides. Firstly, in case of power utility this paper proposes algorithm to estimate a period of return on investment according to the introduction capacity of distributed generators replacing diesel generator. And also, in case of independent power producer, this paper proposes evaluation algorithm to estimate weighting factor of SMP and benefit rate based on break-even point related with cost and benefit. From a case study result on real island micro-grid model, it is confirmed that proposed algorithms are useful and practical for the economic evaluation of island micro-grid.

Development and Evaluation of High-precision Earth-work Calculating System using Drone Survey (드론을 활용한 고정밀 토공량 산출 시스템 개발 및 평가)

  • Kim, Sewon;Kim, YoungSeok
    • Journal of the Korean Geosynthetics Society
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    • v.18 no.4
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    • pp.87-95
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    • 2019
  • Earth-work calculation is the important data for estimating the optimal construction cost at the construction site. Earth-work calculations require the accurate terrain data and precise soil volume calculations. Drone surveying technology provides accurate topography in a short time and economic advantages. In this paper, a drone surveying technique was used to derive a high precision soil volume calculation system. Field demonstration were performed to verify the accuracy of the volume measurement system. The results of earth-work calculation using drone survey were compared with those of GPS surveying. In addition, the developed earth-work volume calculation algorithm is compared with the existing aerial survey software (Pix4D) to verify the accuracy.