• Proceedings of the KIEE Conference
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• 2003.11a
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• pp.284-286
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• 2003

The low load power factor causes various problems such as the Increase of the power loss and the voltage instability. The demand of reactive power increases continuously with the growth of active power and the restructuring of electric power companies makes the integrated management of ractive power troublesome, from which the systematic control of load power factor is required. In this paper, the load power factor sensitivity of the generation cost and integrated costs are used for determining the locations and capacities of reactive power compensation devices effectively and for enhancing the load power factor appropriately. It is shown through the application to a small-scale power system that the system power factor can be enhanced effectively and appropriately using the load power factor sensitivity and integrated costs.

• Journal of the Korea Safety Management & Science
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• v.16 no.3
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• pp.23-34
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• 2014

With a view to analyzing the influential factors and their prioritization in association with the loss from construction disasters, this study has presented relative weighted value and importance for each category of loss by making a systematic classification of costs for non-insured categories (indirect costs) and conducting AHP analysis based on results of a survey of specialists. Through the study, first, I have divided the larger classification of loss factors into human loss factor, financial loss factor, special cost factor, and managerial loss factor, and, second, have presented prioritization of loss categories by allotting scores based on weighted values after calculating weighted value through pairwise comparison of loss levels. Based on these results of the study, we should be able to qualitatively calculate the loss costs that construction disasters inflict on business, promote rational decision-making and efficiency in spending related to a disaster, and compare it against safety investment designed to reduce disaster loss from the perspective of business strategy.

• Environmental and Resource Economics Review
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• v.22 no.2
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• pp.367-391
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• 2013

After the Fukushima nuclear accident, the external costs of generating electricity from nuclear power plants such as additional safety compliance costs and possible accident risk action costs have gained increasing attention from the public, policy-makers and politicians. Consequently, estimates of the external costs of nuclear power are very deliberate issue that is at the center of the controversy in Korea. In this paper, we try to calculate the external costs associated with the safety of the nuclear power plants, particularly focusing on additional safety compliance costs and possible accident risk action costs. To estimate the possible accident risk action costs, we adopt the damages expectation approach that is very similar way from the external cost calculation of Japanese government after the Fukushima accident. In addition, to estimate additional safety compliance costs, we apply the levelized cost of generation method. Furthermore, we perform the sensitivity analysis to examine how much these social costs increase the electricity price rate. Estimation results of the additional security measure cost is 0.53Won/kWh ~ 0.80Won/kWh depending on the capacity factor, giving little change on the nuclear power generation cost. The estimates of possible accident risk action costs could be in the wide range depending on the different damages of the nuclear power accident, probability of the severe nuclear power accident and the capacity factor. The preliminary results show that it is 0.0025Won/kWh ~ 26.4188Won/kWh. After including those two external costs on the generation cost of a nuclear power plant, increasing rate of electricity price is 0.001%~10.0563% under the capacity factor from 70% to 90%. This paper tries to examine the external costs of nuclear power plants, so as to include it into the generation cost and the electricity price. This paper suggests one of the methodologies that we might internalize the nuclear power generations' external cost, including it into the internal generation cost.

• Proceedings of the KIEE Conference
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• summer
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• pp.153-155
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• 2004

Various problems such as the increase of the power loss and the voltage instability may often occur in the case of low load power factor. The demand of reactive power increases continuously with the growth of active power and the restructuring of electric power companies makes the integrated management of ractive power a troublesome problem, so that the systematic control of load power factor is required. In this paper, the load power factor sensitivity of the generation cost is used for determining the locations of reactive power compensation devices effectively and for enhancing the load power factor appropriately. In addition, the integrated costs are used for determining the value of the load power factor from the point of view of the economic operation. It is shown through the application to a large-scale power system that the system power factor can be enhanced effectively and appropriately using the load power factor sensitivity and integrated costs.

• Korean Journal of Human Ecology
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• v.21 no.6
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• pp.1173-1184
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• 2012

This study estimates a structural model to examine the causal relationships among web browsing, switching cost, and site retention in the context of apparel shopping website. A total of 499 usable questionnaires were obtained from consumers aged from 20 to 49 years. For data analysis, exploratory factor analysis, confirmatory factor analysis and structural model were used. The result showed that consumer's perceived switching costs consisted of three factors: relationship cost, search cost and benefit loss cost. In estimated structural model, the relationship cost was influenced by leisure browsing; the search cost was influenced by informational browsing and leisure browsing; the benefit loss cost was influenced by leisure browsing. Especially, the leisure browsing was the most highly related to the benefit loss cost, and followed by relationship cost and search cost. However, hedonic browsing was not significantly related the factors of switching costs. The search costs significantly affected customer's intentions for site retention. A managerial implication was discussed for e-retailers in order to develop strategic switching costs in building long-term relationships with web browsers on the apparel shopping websites.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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• v.15 no.5
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• pp.1-7
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• 2001

Factors which affect largely the economics of lighting system, are initial installation costs, maintenance costs, energy costs as so on. In these costs, maintenance cost, lamp replacement labor cost, luminaire cleaning cost et al. so the economics of lighting system are evaluated different by maintenance planning. It is important to evaluate which lighting system would be economically advantageous in a initial design. In this study, the importance of maintenance factor is verified by the evaluations of the economics of lighting systems while maintenance factor is varied composition factors in ZCM which is used to calculate the average illuminance.

• Solar Energy
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• v.13 no.2_3
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• pp.151-156
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• 1993

The comparison of solar energy technologies with conventional technologies involves more than just comparing the costs of supplying energy and provding capacity. Solar technologies supply energy in a sustainable manner while having minimal effects on the environment. When choosing between solar energy technologies and conventional technologies, first cost is a important factor. The environmental and other social benifits of using solar energy technologies contrasts sharply with the environmental degradation and social costs resulting from the use of conventional technologies. These hidden costs, sometimes called "social cost", are not included in conventional economics. This paper is emphasized that the consideration of social costs effects comparisons between renewable and conventional energy technologies is of importance.

• The Transactions of the Korean Institute of Electrical Engineers A
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• v.54 no.1
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• pp.18-24
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• 2005

Various problems such as the increase of the power loss and the voltage instability may often occur in the case of low load power factor. The demand of reactive power increases continuously with the growth of active power and the restructuring of electric power companies makes the comprehensive management of reactive power a troublesome problem, so that the systematic control of load power factor is required. In this paper, the load power factor sensitivity of the generation cost is derived and it is used for determining the locations of reactive power compensation devices effectively and for enhancing the load power factor appropriately. In addition, the voltage variation penalty cost is introduced and the integrated costs including the voltage variation penalty cost are used for determining the value of the load power factor from the point of view of the economic investment and voltage regulation. It is shown through the application to a large-scale power system that the load power factor can be enhanced effectively and appropriately using the load power factor sensitivity and integrated costs.

• Journal of the Korea Institute of Building Construction
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• v.5 no.1 s.15
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• pp.97-103
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• 2005

Building costs means capital costs which include cost of land, costs of acquiring and preparing the site, construction costs, professional fees, furnishings, cost of financing the project. and cost of management required to run and maintenance the building for use. There are several phases that determine the building costs : design phase, construction phase, and operation & maintenance phase. So, the cost of work could be set against the examining the full range of complexities that a building program might contain. To solve this problem, it needs to compute building cost systematically. This is still in the development stage, awaiting the organization of rational cost data base. The method of cost saving by cost control could be constituted by detailed knowledge of building costs for all possible combinations of components and subsystems that can be assembled into integration model of cost factor on each phase of project development. The model of cost saving in each building phase is available for procedures of cost control of building systems.

• Journal of Energy Engineering
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• v.11 no.1
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• pp.47-58
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• 2002

This paper presents a new method for the evaluation of avoided generation costs. Unlike conventional load decrement method, it exactly considers forced outage rate and economic loading order of IPPs (Independent Power Producers). Therefore we can provide exact generation avoided costs of IPPs by the developed method. Because probabilistic simulation is conducted in this method, effects on the costs of IPPs are exactly considered. Also we suggest an allocation method of avoided generation costs by participation factor. In the case studies we have shown avoided generation costs considering loading order and forced out-age rate by using this method.