Abstract
Recently energy consumption and $CO_2$ emission issue are important problem on international society. The present study has been conducted economic analysis considering economical value of $CO_2$ reduction effect. We analyze annual energy cost and annual $CO_2$ emission of the cogeneration system and gas boiler system in hotel. The first results shows that annual energy cost of cogeneration system (751,740,126 won) is more profitable than gas boiler system (801,128,408 won) by 6.2% (49,388,281 won). The second results shows that annual $CO_2$ emission of cogeneration system (3,297 ton) is less than gas boiler system (3,536 ton) by 6.8% (239 ton). The Economical value of $CO_2$ reduction effect is 4,773,898 won. The cost effect according to the reduction of $CO_2$ is corresponding to 9.7% of reduction cost for total energy cost. The result of this study means that $CO_2$ reduction effect is essential item in introduction and change of facility for economic analysis.
