• Transactions of the Korean Society of Mechanical Engineers B
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• v.22 no.11
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• pp.1547-1554
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• 1998

The object of this study was to develop an economic assessment program for the optimal design of the cogeneration systems composed of combining engine, generator, waste heat recovery exchanger, absorption chiller, and boiler, etc. The energy demand categorized by electric power, heating, cooling and water supply was determined by statistical data of the existing cogeneration systems. An economic assessment was performed by comparing the total cost of cogeneration system with that of non-cogeneration system. The total cost was evaluated by adding initial investment to operational cost considering efficiency of equipment, cost of equipment, fuel and electricity. To confirm the validity of the developed program, a hotel building with an area of $127,960m^2$ was selected, and the simulated results were compared with the measured data. The difference between the simulated and the measured values for the selected hotel building was approximately 12% for annual electric consumption.

• Journal of the Korean Solar Energy Society
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• v.28 no.1
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• pp.1-8
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• 2008

The aim of this study is to develop the photovoltaic simulation program, called SimPV, which can Predict hourly based power generation of various PV modules and conduct an intensive economic analysis with Korean situation. To establish the reliability of the PV simulation results, we adopt the PV calculation algorithm of TRNSYS program of which verification has already well approved. Extensive database for hourly weather data of Korean 16 cities, engineering data for PV system and building load profiles are established. Case study on the 2.5kW roof integrated PV system and economic analysis are presented with the developed program.

• KIEE International Transactions on Power Engineering
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• v.5A no.3
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• pp.221-227
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• 2005

This paper evaluates minimum and maximum power exchange considering economic and technical characteristics between Russia and ROK. First, we evaluate minimum power exchange to assure the economic feasibility by comparison with the total cost and benefit of the interconnected line. For evaluating maximum exchange power, system constraints are considered, which are examined through load flow and dynamic analysis by using the PSS/E program. As a result of these evaluations, we suggest the reasonable range of power exchange between ROK and Russia considering economic and technical constraints with the interconnection scenario that power system interconnection between ROK and Russia will be realized in the year 2010.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.61 no.7
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• pp.950-956
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• 2012

As development of battery technologies, the installation of Battery Energy Storage System (BESS) increased. The BESS can be used for various purposes such like frequency response, load leveling, and fluctuation mitigation of renewable energy generators. In this paper, three state BESS model is proposed. the BESS model considering charge, discharge and keeping efficiency, and life cycle according to depth of discharge (DOD). Then, the benefit and cost of BESS installed at substation for load leveling are summarized. The economic evaluation of BESS is analyzed using net present values (NPV) analysis. In case study, the NPV analysis of NaS battery system is carried out using the proposed BESS model. Because the result of economic evaluation of BESS using nowadays cost data is not positive, the sensitivity analysis of BESS is conducted by changing the capital cost and energy cost.

• Proceedings of the KIEE Conference
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• 2002.07b
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• pp.1316-1318
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• 2002

A methodology for reliability and economic analysis of wind embedded electric power system is presented in this paper. This is done by evaluating the reliability index, loss of load expectation (LOLE), for the power system with and without integration of wind system in the overall electric power system. Economic analysis of the wind energy embedded electric system is done in terms of conventional fuel saving assessment due to the use of wind power generation units.

• Proceedings of the KSME Conference
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• 2007.05b
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• pp.3359-3364
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• 2007

The smart energy system is the integrated power system in which the power components including central station generation, distributed generation, renewable power generation, energy storage, and communications and controls are complexly connected with each other. In smart energy system, it is very important how to configure the diverse power generations and how to determine the operation mode of the chosen components with economic feasibility. In this study, we introduce the optimal planning method based on both economic feasibility and load profiles and its applications for the smart energy system in apartment. This method was considered very useful to determine the configuration and to decide the optimal operation mode of the smart energy system.

• Korean Journal of Agricultural Science
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• v.39 no.3
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• pp.451-458
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• 2012

Irrigation facilities such as reservoir, sluice, and waterways are managed for preparing flood or drought. It is necessary to efficiently measure water level, flow rate, and related data in national-wide scattered irrigation facilities and to systematically manage data obtained from the facilities. This paper presents a management system for irrigation facilities in order to fast and exact measure their states. The management system consists of mobile device with QR-code function, sensors and gateways, a monitoring system and telecommunication networks. In order to present the benefits of the adoption of the management system against the legacy hand-writing way, this paper presents a economic analysis and its illustrative result.

• Proceedings of the Korean Vacuum Society Conference
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• 2013.02a
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• pp.692-693
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• 2013

The effects of Climate change and Installation Price for Photovoltaic System were investigated through power generation analysis and economic analysis though. Photovoltaic System would be the same as governmental regulated 3 KW capacity used for the analysis. Also climate information which are serviced on the KMA (Korea Meteorological Administration) used as well. The experimental results indicate that climate change and installation price change could be influenced more higher on photovoltaic system than last 30-years. Furthermore the economic advantages could be higher on the future.

• Journal of Information Management
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• v.39 no.3
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• pp.73-94
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• 2008

The science & technology information is core point of the knowledge based society which will accomplish the role which economic development is lead. Simultaneously, Korea will jump at powerful country of knowledge information. But, There is not analysis about affects in the economic growth and various economic structure which follows in national knowledge information system development. This research analyses the economic ripple effects, in terms of production inducement effect, added value inducement effect, import inducement effect, labor inducement effect, of national knowledge information system development in KISTI from 2001 to 2008, using an input-output analysis of the bank of Korea(2007). It also examines economic propriety using an benefit-cost analysis for national knowledge information system development.

• Land and Housing Review
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• v.8 no.3
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• pp.145-159
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• 2017

Despite the longing for democracy of most people, Myanmar has missed opportunities for social and economic development by military dictatorship. However, since 2010, the civilian government has gained new opportunities for reform. After turning to economic reform, developed countries such as the US and EU lifted the economic sanctions that they had taken in the past. As a result, it is growing rapidly compared to neighboring countries due to attracting foreign capital, tariff benefits on export items, and expansion of industrial infrastructure. Despite the increased investment value due to economic growth and democratization, the complex and customary land system of Myanmar must be an uneasy factor in securing stable land rights when entering overseas markets. Therefore, this study sought the method of securing the land rights in the development project through the analysis of the foreign investment system in Myanmar and the investigation of joint development cases. The results of this study are as follows. First, the acquisition of land use rights at the early stage of development can be considered through the foreign investment system. Under the Foreign Investment Law and Myanmar Investment Law, the land can be used for up to 70 years, and Under the Special Economic Zone Law, the land can be used for up to 75 years. Second, in relation to land compensation, it is required to establish a detailed resettlement plan for the indigenous people as the difficulty of land acquisition is expected due to the recent democratization trend and strengthening the voice of residents. Third, land use at the operational stage can be achieved by leasing the land from developers, and this will be the most realistic plan at present. In other words, the developer can directly develop the land created under the Foreign Investment Law and the Special Economic Zone Law, or Sub-lease and transfer the land use right to a third party.