• 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 KSR Conference
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• 2010.06a
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• pp.1630-1641
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• 2010

LCC can be defined as "the sum of present values of investment costs, capital costs, installation costs, energy costs, operating costs, maintenance costs, and disposal costs over the life-time of the project, product, or measure." LCCA involves estimating the costs and timing associated with each alternative over a selected analysis period and conversion of those costs to economically comparable values considering the time-value of money. The several Excel-Based LCC tools found on the internet are described in this paper. Also, This paper performed an analysis of the existing LCC commercial tools, assessing various aspects of each program. The goal was to evaluate the best features of each tool and to identify the requirements for LCC evaluation of Urban Transit Vehicle. The LCC tools are developed to address problems in many different areas and a tool developed and structured for one area cannot generally be used in another area. No general LCC tool exists and if one is needed for Urban Transit Vehicle it has to be developed by the project. Since a full LCC can be very complex it is likely that this Excel-Based LCC tool should be a small and simple tool for quick cost estimates. This paper presents a LCC tool consisting of eight excel sheets, which are "Project", "CBS", "PBS", "PM", "CM", "Others", "LCC Result" and "Diagram".

• Journal of Biosystems Engineering
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• v.10 no.1
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• pp.69-75
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• 1985

For the purpose of estimating the operating cost for feed production, energy consumption, labor requirement, maintenance cost, and supplies and miscellaneous costs are analyzed and developed as mathematical models. Mathematical model for energy usage Consists of electrical energy, boiler fuel energy and vehicle fuel energy. The mathematil model for electrical energy usage for the swine and poultry feed mill and the complete pelleted feed mill are developed, based on the general model mill and the computer program for its design developed in Kansas State University (Park, 1982). Also, the boiler fuel energy consumption model and the vehicle fuel energy consumption model are developed by analyzing the boiler system and the vehicle operation in the warehouse. In order to develop a mathematical model for labor requirement, the data that Vosloh (1968, 1976) constructed for labor requirement in his model mill are used by assuming that his model mill is similar to this model, in terms of labor assignment standards. Maintenance and repair costs are obtained by assuming to be 5.5% of the total capital investment cost. Also, supplies and miscellaneous costs are estimated by using Vosloh's report and it is approximately 0.87 dollars per ton based on daily production.

• Journal of Energy Engineering
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• v.7 no.1
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• pp.131-137
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• 1998

This paper discusses definition, concepts, approach methods, application areas, and evaluation of avoided generation costs based on the Korea's official long-term generation expansion plan. The main objective to evaluate avoided costs of resources is to supply decision makers with the breakeven costs of the resources. For the evaluation of avoided costs based on the Korea's generation system, we consider a DSM option which has 1,000MW peak savings, load factor with 70 percents, and life-time with 25 years. The DSM resource can save the fuel spending and capacity additions of a electric utility during its life time. The capacity and fuel savings are evaluated from two different cashflows with and without the DSM option, which are supplied with on the basis of the generation system optimization model (WASP-II), independently. The breakeven kWh costs of the DSM option is projected to be 31.3 [won/kWh], which is composed of generation capacity and fuel avoided costs with 15.0[won/kWh] and 16.3[won/kWh], respectively.

• KEPCO Journal on Electric Power and Energy
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• v.4 no.1
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• pp.1-7
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• 2018

Objective signs are everywhere that the stationary energy storage market is growing up quickly. The use of distributed resources such as solar photovoltaics and electric vehicles are expanding at a rapid pace, creating technical challenges for the distribution system that will require energy storage and a new generation of software to address. This paper is intended for distribution utility managers and executives and makes the following points: ${\bullet}$ Utility-integrated (as opposed to merely grid-connected) energy storage projects represent a distinct, new wave of industry growth that is just getting underway and is required to manage distributed energy resources moving forward. ${\bullet}$ Utilities and the energy storage industry have important roles to lower risk in adopting this technology - thereby enabling this wave of growth. ${\circ}$ The industry must focus on engineering energy storage for adoption at scale - including the creation and support of software open standards -both to drive down costs and to limit technology and supplier risk for utilities. ${\circ}$ Utilities need to take a program-based, rather than a project- based, approach to this resource to best balance cost and risk as they procure and implement energy storage. By working together to drive down costs and manage risk, utilities and their suppliers can lay the energy storage foundation for a new, more digital distributed electricity system.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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• v.28 no.7
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• pp.75-80
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• 2014

The small wind turbines has the merits of setting up with low costs by individuals, and get the energy saving effects that, it has the secured, separate markets from the big range systems, and the developing of it is continuously proceeding. The objective of this paper is to provide the design characteristics analysis of a permanent magnet synchronous generator(PMSG) skewed for magnet of rotor, the main advantage to be explored with the use of a split core design is the reduction in manufacturing costs and its simplicity in manufacture, compared to the manufacturing costs of a core skew PM machine. This thesis is aiming mainly analyzing the characteristics of the prototype to verify through Finite Element Method(FEM) and tests.

• Proceedings of the Korea Database Society Conference
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• 2010.06a
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• pp.33-41
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• 2010

Recently the number of IT equipment have increased. It consumes large amounts of energy and is emissions of greenhouse gases. Co2 emissions with the PC and the monitor has the highest percentage to 39% more than other IT equipment. In addition, Plan for your PC's power management and technology development is being pursued in developed countries. To reduce energy costs of organizations with large numbers of the PC and to cut down on Co2 emissions, the energy load control technology of ACPI standards-based PC IS suggested. AMI-based PC power-management system was constructed, Approximately 20% of operating a result of the test power consumption was reduced. Looking at the case of the United States, PC monitors from the University of Wisconsin-Oshkosh was Sleep mode. As a result, the monitor on a, $ 20 for a year reduced energy costs. In GE(General Electronic), Approximately 75,000 PC's power setting time was Monitor Off :15 minutes/ Hard Drives Off 30 minutes/ System Standby 30 minutes/ Hibernation mode 2 hours. 1 year, electric bill was $ 2.5 million savings and 3 years electric bill was $ 6.5 million savings. Measuring energy usage data, using the measured data, electric energy management technology is not. Platform development to measure energy usage for Individual energy-consuming equipment is urgently required.

• KIEAE Journal
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• v.12 no.6
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• pp.85-92
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• 2012

The Korean government has introduced building regulations with improved energy conservation measures, including higher insulation levels for building envelope. However, there are many existing buildings that tend to consume more energy for heating and cooling than new buildings, as they were built under the former regulations with relatively higher U-values of walls and glazing. In order to improve energy efficiency in existing buildings, green remodelling of building envelope and building services are required. For existing buildings, building services improvements have been achieved through energy service company(ESCO), but much attention has not been paid to building envelope improvements with various reasons, such as uncertainty of energy saving effect design issues and costs. The aim of this study is to evaluate the impact of building envelope improvements in a typical commercial building on its heating and cooling energy loads. The results show that the improvement of glazing with lower U-values has the highest energy saving effects, followed by wall, roof and floor, under the condition of same level of insulation improvements. However, high insulated glazing increased LCC because of higher initial investment costs.

• International Journal of Highway Engineering
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• v.17 no.2
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• pp.143-150
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• 2015

PURPOSES : The authors set out to estimate the related carbon emissions, energy use, and costs of the national freeways and highways in Korea. To achieve this goal, a macro-level methodology for estimating those amounts by road type, road structure type, and road life cycle was developed. METHODS : The carbon emissions, energy use, and costs associated with roads vary according to the road type, road structure type, and road life cycle. Therefore, in this study, the road type, road structure type, and road life cycle were classified into two or three categories based on criteria determined by the authors. The unit amounts of carbon emissions and energy use per unit road length by classification were estimated using data gathered from actual road samples. The unit amounts of cost per unit road length by classification were acquired from the standard cost values provided in the 2013 road business manual. The total carbon emissions, energy use, and cost of the national freeways and highways were calculated by multiplying the road length by the corresponding unit amounts. RESULTS: The total carbon emissions, energy use, and costs associated with the national freeways and highways in Korea were estimated by applying the estimated unit amounts and the developed method. CONCLUSIONS: The developed method can be employed in the road planning and design stage when decision makers need to consider the impact of road construction from an environmental and economic point of view.

• Journal of The Korea Institute of Healthcare Architecture
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• v.27 no.2
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• pp.7-14
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• 2021

Purpose: The purpose of this study is to provide an effective construction project cost estimation tool for preparing a business plan of healthcare facilities which can be practically used for development projects. Methods: In order to provide a tool for calculating construction project costs, this study analyzed the Building and Related Laws, the Building Technology Promotion Laws, the Ministry of Land, Infrastructure and Transport notifications and directives, the Ministry of Trade, Industry and Energy notifications, the detailed guidelines of the Ministry of Strategy and Finance, the Building Service Industry Promotion Acts, various certification standards, actual project budget calculation cases, etc. with advices from related experts. Results: 1) Construction cost is classified into construction costs, architectural design costs, supervision costs, incidental costs, and each sub-element. In particular, since there are many incidental cost items, essential items to be reviewed during planning are derived and costs are calculated according to appropriate consideration criteria. 2) Criteria for Payment calculation mainly applies the construction cost rate method or the actual cost fixed amount method in consideration of the characteristics and scope of work. Implications: There are many calculation factors that need to be applied to the construction project cost. Therefore, it is necessary to organize the calculation process more clearly.