• Title/Summary/Keyword: CAPEX

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Study on Cost of Energy(COE) Reduction Scenario of Korean Offshore Wind Power (해상풍력발전의 에너지단가(COE)절감 시나리오 연구)

  • Sung, Jin Ki;Lee, Jong Hoon;Kang, Kung Suk;Lee, Tae Jin
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.62 no.11
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    • pp.1520-1527
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    • 2013
  • The purpose of this study is to derive COE reduction targets of offshore wind power in Korea. In addition, innovation factors for achieving the COE reduction targets were derived. Also the COE reduction targets of offshore wind power was to improve that national policy, technology, industry and improving regulations would like to help. The results of this study has been created based on the various assumptions, scenarios and experts' discussions. Currently, offshore wind power generation price is 229.72won/kWh in 2012. According to the study, COE of offshore wind power has been proposed 88.8won/kWh at third scenario by 2030. This result has shown competitiveness with fossil fuel power generation.

Analyzing the Economic Effects of Past Mobile Network Sharing Deals for Future Network Deployment

  • Kim, Dongwook;Kim, Sungbum;Zo, Hangjung
    • ETRI Journal
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    • v.40 no.3
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    • pp.355-365
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    • 2018
  • The increase in data traffic calls for investment in mobile networks; however, the saturating revenue of mobile broadband and increasing capital expenditure are discouraging mobile operators from investing in next-generation mobile networks. Mobile network sharing is a viable solution for operators and regulators to resolve this dilemma. This research uses a difference-in-differences analysis of 33 operators (including 11 control operators) to empirically evaluate the cost reduction effect of mobile network sharing. The results indicate a reduction in overall operating expenditure and short-term capital expenditure by national roaming. This finding implies that future technology and standards development should focus on flexible network operation and maintenance, energy efficiency, and maximizing economies of scale in radio access networks. Furthermore, mobile network sharing will become more viable and relevant in a 5G network deployment as spectrum bands are likely to increase the total cost of ownership of mobile networks and technical enablers will facilitate network sharing.

Cost-Efficient LTE RAN Design Methodology and Case Study for Developing Countries (개도국 LTE 망의 비용 효율적인 RAN 설계 방법 및 사례 분석)

  • Ko, Kiyoung;Lee, Jaiyong
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.42 no.2
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    • pp.358-365
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    • 2017
  • In order for developing countries to design and deploy Long Term Evolution (LTE) network in a cost-efficient manner, the differentiated way of technological design and deployment methods are necessary as compared to those for advanced countries. This paper focused on Radio Access Network (RAN) design methodology for developing countries that consists of major part of the network cost. To verify the effectiveness of the suggested design methodology, a Korean telecom company A's actual design experience in an African developing country was examined.

A Study of Fronthaul Networks in CRANs - Requirements and Recent Advancements

  • Waqar, Muhammad;Kim, Ajung;Cho, Peter K.
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.12 no.10
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    • pp.4618-4639
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    • 2018
  • One of the most innovative paradigms for the next-generation of wireless cellular networks is the cloud-radio access networks (C-RANs). In C-RANs, base station functions are distributed between the remote radio heads (RHHs) and base band unit (BBU) pool, and a communication link is defined between them which is referred as the fronthaul. This leveraging link is expected to reduce the CAPEX (capital expenditure) and OPEX (operating expense) of envisioned cellular architectures as well as improves the spectral and energy efficiencies, provides the high scalability, and efficient mobility management capabilities. The fronthaul link carries the baseband signals between the RRHs and BBU pool using the digital radio over fiber (RoF) based common public radio interface (CPRI). CPRI based optical links imposed stringent synchronization, latency and throughput requirements on the fronthaul. As a result, fronthaul becomes a hinder in commercial deployments of C-RANs and is seen as one of a major bottleneck for backbone networks. The optimization of fronthaul is still a challenging issue and requires further exploration at industrial and academic levels. This paper comprehensively summarized the current challenges and requirements of fronthaul networks, and discusses the recently proposed system architectures, virtualization techniques, key transport technologies and compression schemes to carry the time-sensitive traffic in fronthaul networks.

A Survey of Self-optimization Approaches for HetNets

  • Chai, Xiaomeng;Xu, Xu;Zhang, Zhongshan
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.9 no.6
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    • pp.1979-1995
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    • 2015
  • Network convergence is regarded as the development tendency of the future wireless networks, for which self-organization paradigms provide a promising solution to alleviate the upgrading capital expenditures (CAPEX) and operating expenditures (OPEX). Self-optimization, as a critical functionality of self-organization, employs a decentralized paradigm to dynamically adapt the varying environmental circumstances while without relying on centralized control or human intervention. In this paper, we present comprehensive surveys of heterogeneous networks (HetNets) and investigate the enhanced self-optimization models. Self-optimization approaches such as dynamic mobile access network selection, spectrum resource allocation and power control for HetNets, etc., are surveyed and compared, with possible methodologies to achieve self-optimization summarized. We hope this survey paper can provide the insight and the roadmap for future research efforts in the self-optimization of convergence networks.

The Outlook for Forward Osmosis-Reverse Osmosis (FO-RO) Hybrid Desalination Market (해수담수화 시장의 전망(정삼투-역삼투 융합기술 측면에서))

  • Kim, Jakyum;Han, Jihee;Sohn, Jinsik;Kim, Seung-Hyun
    • Journal of Korean Society of Water and Wastewater
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    • v.30 no.5
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    • pp.521-532
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    • 2016
  • Seawater desalination market after global economic crisis has been stalled due to the market uncertainties and decreased demand in desalination. It is important to review the status of the market and to estimate the appropriate share of Forward osmosis-Reverse Osmosis (FO-RO) hybrid desalination technology by figuring out the outlook of the desalination market. Main part of the desalination market will still be MENA (Middle East and North Africa) in the near future due to the fast population increase and high dependency of fossil fuel in the region. The market for FO-RO hybrid technology, however, might be smaller than the conventional SWRO desalination market anyway because of aesthetic issues from using wastewater as raw water and higher costs associated with capex. Therefore, it is essential to improve FO membrane performance and system operation technologies in order to make the hybrid technology attractive compared to the conventional SWRO technology.

An Empirical Study on Investment Effects as Investment Expenditure Patterns of Telecommunication Companies : Focused on Foreign Telecommunication Firms (통신사업자 투자지출액 변화에 따른 투자효과 실증분석 연구 : 해외 사례를 중심으로)

  • Park, Hye Su;Ji, Sung Hyun;Park, Sun-Young
    • Journal of Information Technology Applications and Management
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    • v.20 no.4
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    • pp.67-81
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    • 2013
  • Domestic telecommunication companies have increased in marketing expenditures and capital investments in their plants and equipments. Their expectation for their investment sometimes results in the shrinking of their ARPUs(average revenues per user) as well as decreasing of net profits. Those financial efforts have not always been positive relation with their ARPUs. Since western and european telecommunication industry recently have similar situation with our market where their mobile and network users have been saturated so that no more increased users are estimated. Therefore, this paper aims for first to explore methods maximizing the investments efficiency for the telecommunication company so that we choose bechmarked telecommmunication companies to explore their investment managing situation with resepct to their marketing and capital expenditure. Secondly this paper tried to suggest several public policy guidelines for domestic telecommunication industry. Total seventeen foreign telecommunication companies were selected and data set through official IR as well as AR were chosen. Curvilinear logarithmic regression analysis were tested to obtain elasticities as well as marginal effects. As a result, overspending on the marketing investment showed more negative indicators to their revenues, on the other hand, more investment in the Capex such as network infrastructures and other service facilities were more likely related to positive revenues.

Risk Analysis on Offshore Windfarm Industry in South Korea: Based on the Jeonnam Offshore Windfarm Project

  • Kim, Tae Hyun;Kim, Yea-Sang;Chin, Sangyoon;Pallesen, Kristian
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.204-212
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    • 2022
  • Recently, the Korean government has been actively promoting the smart city as their strategic agenda. However, to build smart cities that are greener, the authors believe it is essential to rapidly transit conventional energy sources such as fossil fuels to renewable energy. Although there is a big potential for Offshore wind in Korea, there has not been a full-scale commercial offshore wind farm until today. Since Korea is relatively a new market compared to the EU, it can be risky for developers. The authors will introduce risk management best practices in the offshore wind industry applicable to the Korean environment. This paper will mainly introduce an offshore wind project size of 99 MW. The project is expecting a Finance Close (FC) in Q3 2022, so the project team has prepared a risk register with over 150 risks and levers throughout the project lifecycle. Overall risks include risks with Development Expenditure (DEVEX) impact, a Capital Expenditure (CAPEX) impact, and an Operating Expenditure (OPEX) impact. Based on the identified risks, a more qualitative assessment of Cost and Schedule Impact was conducted. In conclusion, a Monte Carlo simulation was performed to propose a quantitative risk assessment to evaluate a benchmark contingency of the project cost.

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A Method of Economic Evaluation for MCFC Power Generation (발전용 연료전지의 경제성 평가 방법)

  • Jeon, Sanghee;Park, Dalryung;Choi, Kyoungshik;Kwon, Byeongseop;Lee, Dongjun;Choi, Yangmi;Hong, Seongho
    • 한국신재생에너지학회:학술대회논문집
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    • 2010.11a
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    • pp.163.1-163.1
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    • 2010
  • 2030년까지 신재생에너지발전 비중을 11%로 높이겠다는 정책목표 달성을 위한 정부의 지원방안이 현행 발전차액지원제도(FIT)에서 2012년부터는 신재생에너지의무할당제(RPS)로 전환된다. 전원별로 정해진 발전량에 대해 정부가 일정한 가격으로 구매해주는 현행 제도 하에서 신재생에너지발전사업자는 중장기 가격을 보장받음으로써 수익성을 초기에 확정할 수 있는 장점이 있는 반면 정부 입장에서는 보급이 확대될수록 막대한 재정부담이 발생하고 경쟁을 통해 생산 비용을 낮추기 위한 유인이 부족한 단점이 있다. 이러한 단점을 보완하기 위해 도입되는 의무할당제는 일정 설비규모 이상의 발전사업자에게 신재생에너지발전 의무량을 부과하고 의무대상자가 의무이행의 수단으로 공급인증서(REC)를 발급받거나 구매하여 의무를 이행토록 하는 제도로서 공급인증서 가격 결정을 시장기능에 맡김으로써 신재생에너지 사업자간 경쟁을 촉진시켜 생산비용을 절감하고 정부의 재정부담을 완화하는 장점이 있는 반면 신재생에너지발전사업자 입장에서는 수익성 분석이 복잡해지고 리스크가 증가하는 문제점이 있다. 특히 발전용 연료전지를 활용한 발전사업의 경우 다른 신재생에너지원과 달리 설비투자비용(CAPEX) 외에 가스요금 및 핵심부품의 주기적인 교체 등을 위한 운영비용(OPEX)의 비중이 작지 않기 때문에 더욱 정밀한 분석이 필요하다. 본 연구에서는 신재생에너지발전사업자 입장에서 비용과 편익에 영향을 미치는 각 요소와 그 영향을 파악함으로써 발전용 연료전지의 경제성 분석을 시도해 보았다.

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Implementation Strategy Based on the Classification of Depreciation Models (감가상각모형의 유형화에 기초한 적용방안)

  • Choi, Sungwoon
    • Journal of the Korea Safety Management & Science
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    • v.16 no.2
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    • pp.217-230
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    • 2014
  • The purpose of this study is to develop the Generalized Depreciation Function (GDF) and Winfrey Depreciation Function (WDF) by reviewing methods for the depreciation accountings. The Depreciation Accounting Models (DAM), including straight-line model, declining-balance model, sum-of-the-year-digit model and sinking fund model presented in this paper, are reclassified into the charging pattern of increasing type, decreasing type and constant type. This paper also discusses the development of the GDFs based on convex type, concave type and constant type according to the demand pattern of product, frequency of plant usage, deterioration of time, relative inadequacy, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) of the Total Productive Maintenance (TPM). The WDFs presented in this paper depict a sudden degradation of plant performance by measuring the change of TPM activity at the midpoint of useful life of asset. The WDFs are classified into left-modal type, symmetrical type and right-modal type by varying the value of skewness and kurtosis. Moreover, three increasing patterns, such as convex, concave and linear types, are used in this paper to present the distinct identification of WFDs by using Instantaneous Depreciation Rate (IDR) in terms of Performance Depreciation Function (PDF) and Depreciation Density Function (DDF). In order to have better understanding of depreciation models, the numerical examples are used for evaluating the Net Operating Less Adjusted Tax (NOPLAT) and Economic Value Added (EVA). It is concluded that the depreciation models showing a large dispersion of EVA require the adjustment of NOPLAT and Invested Capital (IC) based on the objective cash basis and net operating activity for reducing the variation of EVA.