• Korean Journal of Air-Conditioning and Refrigeration Engineering
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• v.29 no.3
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• pp.119-126
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• 2017

Recently, ground source heat pump systems are being used in buildings for cooling and heating to reduce greenhouse gas and save energy. However, ground source heat pump systems mainly use the vertical closed-loop geothermal system design rather than the open-loop geothermal system design. This is due to a lack of knowledge and few research feasibility studies. In this research, a dynamic thermal analysis numerical simulation based on a standard house model was conducted for an open-loop geothermal system. Based on heating load analysis results, the life cycle costs of a standard house using an open two-well geothermal system were analyzed and compared with a vertical closed-loop geothermal system, and a diesel boiler. As a result, it was found that using an open two-well geothermal system shows economic return on investment after three years.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2007.11a
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• pp.917-920
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• 2007

Private companies will get back their investment by leasing facilities to the government, Since act on private participation in infrastructure were changed in January 2005, BTL(Build Transfer Lease) project of introduced in the domestic construction market for the purpose of providing public facilities with the public. BTL projects is for with approximately project life cycle form plan to maintenance the success of the project totally depends on the capability and role of concessionaire. Accordingly, this study is aimed to improve in order to proceed with BTL project efficiently, a clear standard for the item of evaluation was presented.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.3
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• pp.931-941
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• 2021

The study focuses on the relationship between SB, corporate social responsibility (CSR), and the emerging economy. Thereafter it highlights the types, principles, and funding cycle of SB with the evidence from Grameen Bank, which is a globally well-recognized microfinance venture in Bangladesh established by the Nobel Laureate Dr. Muhammad Yunus. This study employs qualitative analysis to illustrate an architectural overview of the SB model by collecting secondary data from various publications related to the topic and published data of Grameen Bank. Finally, this paper illustrates the SB model along with specified characteristics, systematic framework, and main approaches for sustainable context, which could be applied as a conceptual framework for SB in any context of the emerging economy. The findings of this study suggest that the SB model is the workflow having a hierarchy of five phases namely need identification, goal setting, solution-based business plan, business plan assessment, and business plan execution. Analyzing a range of social business interventions in a developing country, Bangladesh, through the lens of five key aspects demonstrates that social business is the most efficient way to sustainably maximize the social benefits and minimize specific social issues poverty of the people affected.

• International Journal of Internet, Broadcasting and Communication
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• v.15 no.2
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• pp.73-80
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• 2023

As a result of this study, the income generation effect of local universities on the local economy through the Daranee (1976) model was found to be 110.9 billion won (direct and indirect income 78 billion won, induced income 32.9 billion won). In the case of Korea, it has been verified through a number of previous studies that local universities play a role in preventing the outflow of local talent to the metropolitan area. Considering this, it seems that the government should make bold investments to foster local universities in terms of balanced national development. This is because the movement of local talents to the metropolitan area not only undermines the growth potential of the provinces and undermines the basis for regional existence, but also creates a vicious cycle that hinders balanced national development. To break this vicious cycle, the development of local universities is very important. It is judged that the horizon of balanced national development will be opened when local universities revitalize the local economy through the government's bold investment in local universities and are reborn as entities that provide various services based on the facilities and equipment of local universities.

• Applied Chemistry for Engineering
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• v.31 no.2
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• pp.153-163
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• 2020

Compared to gaeous hydrogen, liquid hydrogen has approximately 1/800 volume, 800 times higher volumetric energy density at the same pressure, and the advantage of lower explosion risk and easier transportation than gaseous hydrogen. However, hydrogen liquefaction requires larger scale facility investment than simple compression storage method. Therefore, the research on energy-saving hydrogen liquefaction processes is highly necessary. In this study, helium/neon (mole ratio 80 : 20) refrigeration cycle was investigated as the main refrigeration process for hydrogen liquefaction. Process simulation for less energy consumption were carried out using PRO/II with PROVISION V10.2 of AVEVA. For hydrogen liquefaction, energy consumption was compared in three cases: Using a helium/neon refrigerant cycle, a SMR+helium/neon refrigerant cycle, and a C3-MR+helium/neon refrigerant cycle. As a result, the total power consumptions of compressors required to liquefy 1 kg of hydrogen are 16.3, 7.03 and 6.64 kWh, respectively. Therefore, it can be deduced that energy usage is greatly reduced in the hydrogen liquefaction process when the pre-cooling is performed using the SMR process or the C3MR process, which have already been commercialized, rather than using only the helium/neon refrigeration cycle for the hydrogen liquefaction process.

• Journal of Energy Engineering
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• v.23 no.1
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• pp.21-32
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• 2014

This study has analyzed whether the virtuous cycle of value-added between the processes within the company has formed and whether the virtuous ecosystem between the processes within the industry has been built through the analysis of value chain(VC) and value system(VS) targeting the Korean photovoltaic companies. For a study method, after conducting a survey on the companies, a regression analysis was performed on the causal relationship between the process within the VC and VS. Based on the results of the analysis, for the VC of the Korean photovoltaic industry, an increase in the R&D support from the government has led to the increase in the investment of R&D for the related industry, and the increase in the investment of R&D has contributed to the increase in the growth of its productivity, and the growth in the productivity of R&D has influenced the increase in the production of solar products. In addition, the reduction of photovoltaic production cost for the company has influenced the increase of recurring profit margin compared to the sales. However it was shown that the increase in the company's production volume does not contribute to the reduction of production cost. Meanwhile, the increase in recurring profit margin compared to the sales were influencing the increase in the production volume but it was shown that the increase in the company's investment of R&D was not a contributing factor thus it was not included in the virtuous cycle. It was analyzed that the VS was shown not to influence all other processes within the industry except for the module companies where the increase in the recurring profit margin compared to the sales was influenced by the increase in the recurring profit margin compared to the sales of solar cell companies. This shows that the virtuous industrial ecosystem which should be made under the mutual cooperation by the ingot, wafer, solar cell, module and system companies are yet incomplete.

• Journal of Korean Society on Water Environment
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• v.34 no.1
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• pp.57-66
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• 2018

Water disasters such as flash floods and inundation caused by localized heavy rainfall in urban areas have a large impact on climate change but are also closely related to the increase in impervious areas as pointed out in domestic and international studies. It is difficult to secure natural green areas in urban areas that have already been developed. So, urban regeneration can be expected using water management optimized with technologies to secure infiltration and storage capacity such as Low-Impact Development technology. In this study, the water cycle improvement ability was confirmed by applying the LID technology within the district unit plan of the environmentally friendly village, and the economic feasibility of LID application was analyzed by estimating the costs and benefits of installing the facilities. The site was planned to conserve sufficient green and plans for securing the watershed infiltration and storage capacity were formulated with the application of additional LID technology, such as infiltration trenches, rain barrels and permeable pavements. The LID design method applicable to the site was established, and the water balance of the watershed was analyzed through simulations of the SWMM model. The water circulation improvement effect was confirmed through the water balance analysis, and the cost-benefits were determined according to the estimation method, and the economic analysis was conducted. This study confirms that the investment of LID technology is economically feasible for the hydrological improvement effect of the housing complex.

• Journal of The Korean Society of Agricultural Engineers
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• v.50 no.3
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• pp.43-48
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• 2008

The economics of a passive solar heating system (PSHS) with the pebble bed heat storage was evaluated, and the applications of the PSHS were analyzed, in this study. The results are as follows: The heating load, solar heat gain, and stored heat/year of the PSHS in the solar house model were found to be 10,778MJ, 3,438MJ, and 11,682MJ, respectively. The yearly energy expenses of the PSHS and the alternative heating system (conventional coal heating system, CCHS), which uses coal, were found to be USD 1.60/year and USD 60.90/year, respectively, and the yearly expenses of the PSHS were found to be 38 times less than those of the alternative heating system (CCHS). If it will be supposed that the life cycle of the passive solar heating system, according to the results of the LCC analysis in the two systems, is 40 years, the total expenses for the life cycle of the PSHS and the CCHS will be USD 1,431.50 and USD 2,740.00, respectively. The period for the investment payback of the PSHS is six years.

• Journal of the Korean Institute of Gas
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• v.22 no.4
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• pp.63-73
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• 2018

Innovative technical process for Energy Storage System (ESS), Liquid Air Energy Storage system (LAES) is mature technologies based on the gas liquefaction process. In spite of many advantages such as high energy density, no geographical constraints, low investment costs and long useful life, the system has not yet widely commercialized due to low round trip efficiency. To improve RTE and acquire high yield of liquid air, various configurations of LAES process have been considered. In this research, dual refrigerants cycle (R-600a and methanol) for air liquefaction and thermal oil circulation for power generation via liquid air gasification have been applied to improve cycle performance significantly using Aspen HYSYS simulator.

• Korean Journal of Construction Engineering and Management
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• v.6 no.6 s.28
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• pp.171-180
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• 2005

Public rental housing is constructed, owned, and managed by the public sector. The public institution for the public rental housing controls the whole building life cycle from the construction to the demolition. The construction company for the house built for sale is strongly interested in the cost for the initial investment, while the public institution is more focused on the maintenance cost for the preservation of the buildings Nevertheless, the maintenance cost of the public rental housing has been only managed as the accounting factor without the systemic research and analysis on the actual condition. This paper shows how expenses are related to the degree of obsolescence and presents the differences of the maintenance costs by the housing area and expenditure trends (vs time) of the maintenance costs, through analyzing time series data of public rental housing maintenance cost. Further, this paper helps understanding the causes of the differences of the maintenance costs by housing areas and characteristics of the expenditure trends. After all, this paper contributes to the improvement of the reliability and the practicality for the Life Cycle Cost modeling and the maintenance cost estimating.