• Title/Summary/Keyword: Investment evaluation system

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Energy Efficiency Evaluation of IT based Ship Energy Saving System-(1) : Ship Handling Simulator Test Results (IT 기반의 선박에너지절감시스템 성능평가 방법-(1) : 육상시험 수행 결과)

  • Yoo, Yun-Ja
    • Journal of Navigation and Port Research
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    • v.39 no.6
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    • pp.465-472
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    • 2015
  • SEEMP (Ship Energy Efficiency Management Plan) guidelines for a ship's GHG reduction include a machinery modification of hull, an installation of energy efficiency enhanced attachment in hardware methods. It is also possible to bring a ship energy efficiency improvement by fuel-efficient operations or in other software methods. Hardware modification or installation on ship can bring financial burdens to a ship company compared to its improvement expectation. On the other hand, Software based energy-saving technology can be applicable on various ship types, and it is also expected high efficiency of ship energy use compared to hardware based technology in perspective of the investment costs and efficiency. In this paper, it is described that the ship handling simulator based evaluation was carried out using representative ship model of bulk, container and VLCC. Simulation environments were separated into 6 conditions according to the sea-state and weather condition, and the operation results were compared with those before and after energy saving system applied The container ship showed the largest FOC save rate after energy saving system applied although the others also showed energy save rate after using the system.

Investment Benefit Analysis of Safety Assessment and Inspection Technologies of Hydrogen Bus Fuel System Using Contingent Valuation Methods (조건부가치측정법을 이용한 수소버스 연료장치 안전성 평가 및 검사기술에 대한 투자 편익 분석)

  • Seohyun, Lim;Jeong Ah, Jang
    • Journal of Auto-vehicle Safety Association
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    • v.14 no.4
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    • pp.43-52
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    • 2022
  • Recently, the government has been expanding the supply of hydrogen vehicles according to the roadmap for vitalizing the hydrogen economy, but is developing safety assessment and inspection technology for the relevant vehicles. This study analyzed the prevention of hydrogen bus accidents' economic effect that arises from the application and development of large-capacity CHSS oil pressure repetition-test assessment technology, hydrogen bus internal chamber pressure transmission and emission volume inspection technology, among various technologies capable of assessing the safety of a hydrogen bus fuel system. To this end, the contingent valuation method (CVM), one of the value evaluation methods of non-market goods, was applied to investigate users' willingness to pay for each inspection technology. The survey for users' willingness to pay was conducted by attaching posters to promote surveys on the internet and within buses to the entire public. As a result of the analysis, the average WTP of the hydrogen bus internal chamber pressure transmission volume inspection technology was 25.3 KRW, the average WTP of the hydrogen bus internal chamber pressure emission volume inspection technology was 18.6 KRW, and the average WTP of the large-capacity CHSS oil pressure repetition-test assessment technology was measured at 16.7 KRW. In addition, the costs and benefits of the introduction of the relevant inspection technology were defined through the interviewing of experts at related research institutions and businesses. As a result of conducting an economic analysis (4.5% discount rate) according to the development of each inspection technology, economic feasibility was seen in all assessment and inspection technologies. As much as the technology is indispensable for the safe use of hydrogen buses, it shows that investment in related technology is very necessary in the future. However, because it was decided that the relevant analysis will differ according to the distribution rate of hydrogen buses, further analysis following this future distribution rate of hydrogen buses is needed, and future users should be made clearly aware of the safety and environmental nature of the technology.

Implementation of TRL and TRA tools to Korean Construction and Transportation R&D Evaluation for Improving Practical Use (국가 건설교통 R&D 사업의 실용화 향상을 위한 기술성숙도평가 기반 R&D 평가모델 수립에 관한 연구)

  • Kim, Nam-Gyun;An, Byung-Ho;Lee, Hyun-Seok;Choi, Jae-Hong;Park, Sang-Hyuk;Kim, Yea-Sang
    • Korean Journal of Construction Engineering and Management
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    • v.13 no.4
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    • pp.110-119
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    • 2012
  • Recently as the advent of knowledge-based competition, the major industrialized countries including Korea, are expanding their R&D investment and promoting policies for diffusing of R&D performance. For this, NASA, DoD and such agencies in the United States define Technology Readiness Level (TRL) as a quantified indicator for performance management, and also impose Technology Readiness Assessment (TRA) as a evaluation system, that evaluates technology maturity using TRL. These tools are judged to be very effective in R&D projects especially with the object of practical use. When this concept is applied to the domestic national construction and transportation R&D project for the purpose of practical use, it is expected that the evaluation system overcomes its weakness of focusing only on academic results and improves significantly on intent of achieving practical use. Thus in this study, TRL/TRA implementation model of construction and transportation R&D project for achieving purpose of practical use is presented through an analysis of TRL/TRA concept and domestic national construction and transportation R&D project's characteristics and current evaluation/management system.

An Analysis of the Uncertainty Factors for the Life Cycle Cost of Light Railroad Transit (경량전철 교량 LCC분석을 위한 불확실성 인자 분석)

  • Won, Seo-Kyung;Lee, Du-Heon;Kim, Kyoon-Tai;Kim, Hyun-Bae;Jun, Jin-Taek;Han, Choong-Hee
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2007.11a
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    • pp.396-400
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    • 2007
  • Various ways of automated guideway transit construction are being planned recently owing to the policies of the national government and local municipalities as well as increasing investment from the private sector. Particularly, the increase in the private investment is increasing greatly in SOC (Social Overhead Cost). This trend of promoting private sector investment must be conducted on the basis of a thorough analysis of the economic feasibility of the project from the government and construction companies in the private sector. In other words, an accurate cost analysis of initial investment cost (Construction cost), maintenance/repair cost, profit making through the operation of the concerned facilities, cost of dissolution, etc. in terms of the life cycle is very much in need. Nevertheless, the analysis of uncertainty factors and its probabilistic theory are in need of development so that they can be used in the analysis of the economic feasibility of a construction project. First of all, the actual studies on maintenance/repair cost of automated guideway transit are scarce as of yet, prohibiting an accurate computation of the cost and its economic analysis. Accordingly, this study focused on the uncertainty analysis of the economic feasibility for civil engineering structures among automated guideway transit construction projects based on the rapidly increasing investment on such structures from the private sector. For this research purpose, a cost classification system for the automated guideway transit is proposed, first of all, and the data On the cost cycle of the civil structure facilities and their unit cost are collected and analyzed. Then, the uncertainty in the cost is analyzed from the perspective of LCC. In consideration of the current status with almost no. studies on maintenance/repair of such facilities, it is expected that the cost classification system and the uncertainty analysis technique proposed in this study will greatly enhance LCC analysis and economic feasibility studies for automated guideway transit projects in the future.

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Evaluation of Investment Value of Renewable Energy and Decision Making for Market Entry Using the Idle Space of Public Enterprises (공기업 유휴공간을 활용한 신재생에너지 투자사업에 대한 실물옵션기반 의사결정방안)

  • Na, Seoung Beom;Jang, Woosik;Kim, Kyeongseok;Kim, Byungil;Lee, Harry;Lee, Changgeun
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.21 no.7
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    • pp.168-175
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    • 2020
  • Recently, there has been an increasing need to expand the supply of renewable energy as a solution to greenhouse gas emissions. Therefore, as a measure to promote domestic renewable energy investment and gradual expansion, this study analyzed the investment value of renewable energy projects utilizing the unoccupied spaces of public enterprise's facilities and presented a strategic decision-making framework to support efficient national land development and government measures. The NPV was estimated to be 286 million won if the expansion of the facility was not considered, but it is reasonable to postpone the expansion decision because the value of -130 million won was calculated if the expansion was considered. On the other hand, the real-option value was estimated to be 444 million won, taking SMP uncertainty, expansion, and abandonment options into account, and an additional value of 288 million won was calculated from an analysis of the expansion project using the existing NPV analysis.

A Comparative Analysis of Informatization Level for Agricultural Corporations and SMEs (농업법인과 중소기업의 정보화수준 비교 분석)

  • Bock, Gene;Kim, Bae-Bong;Lee, Jae-Keun
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.40 no.5
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    • pp.892-902
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    • 2015
  • Agri-food ICT(Information and Communications Technologies) convergence has been raised as an important issue for agricultural industry competence. In this situation, this study is to enhance agricultural competitiveness and seek to development plan for agricultural corporation by diagnosing informatization level. For this purpose, this study conducted survey on informatization level of 3,019 agricultural corporations and calculated level score. And result is compared with SMEs(Small and Medium Enterprise) informatization survey, including manufacturing and service industries, conducted by Korea Technology & Information Promotion Agency for SMEs in recent agricultural corporations' growing with automation of agricultural production and improving service to customer satisfaction. Evaluation system is established to calculate informatization level score and AHP(Analytic Hierarchy Process) method was used by the experts to investigate weighting of assessment area, assessment indicators, assessment items. As a result, agricultural corporation informatization level score was 40.16 points which is lower than the benefitted organization of agri-food IT convergence modeling(43.44 points). By assessment area, the informatization level of promotional environment area was low and investment and training items were analyzed low especially so need to improve urgently. In the analysis result by organization type, agricultural company corporation's informatization level was higher than the agricultural association corporation and 'Processing and distribution' was higher than others by business type. Informatization level of agricultural corporation is 80 percent of 2013 SMEs' level(50.18 points) and 59.4 percent of a large corporation(67.64 points). In particular, big difference is occurred in investment feasibility analysis, informatization investment and education which will be need to improve.

A Survey on the Persons in Charge for Economic Estimation Analysis and Improvement of BTL Projects (BTL사업의 경제성 평가 현황조사 및 개선을 위한 실무자 설문조사연구)

  • Lee, Chun-Kyong;Cho, Bong-Ho;Park, Tae-Keun
    • Korean Journal of Construction Engineering and Management
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    • v.8 no.4
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    • pp.73-80
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    • 2007
  • As BTL(Build-Transfer-Lease) private investment business benchmarking PHI(Private Finance Initiative) of USA and Japan is introduces to Korea since 2005, as a part of supplying high leveled public service and early expanding required facilities for SOC, Value for Money on private investment business from treasury investment business at the beginning gets to be needed. Accordingly, this survey has been conducted in order to analyse BTL projects status, propriety of economic analysis method(VFM analysis, calculation of estimated business expenses, valuation of bidding price, etc.) by business advance phases from the viewpoint of person in charge, necessity of improvement and alternative plants. As the result of conducting cross tabulation analysis and correlation analysis by occupational group, BTL project advance phases and alternative plans for improvement, it is necessary ye prepare standardized service level against business expense and basis for calculating and evaluation operation expenses. Based on the necessity of quantitative analysis (LCC analysis) of VFM, standard for calculating management, maintenance and administration expenses is required. In addition, reliable economic valuation system considering domestic BTL environment should be setup, for business efficiency.

Construction of Earthquake Disaster Management System Based on Seismic Performance Evaluation of Architectural Structure (건축물 내진성능평가에 의한 지진재해관리정보체계 구축)

  • Kim, Seong-Sam;Cho, Eun-Rae;Yoon, Jeong-Bae;Yoo, Hwan-Hee
    • Journal of Korean Society for Geospatial Information Science
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    • v.15 no.3
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    • pp.59-67
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    • 2007
  • This paper proposes potentialities of constructing the information system for earthquake hazard management which can manage and analyse earthquake risk and hazard systematically. The experimental results as well as architectural structure investment data for seismicity assessment are built in database and connected with GIS for assessing earthquake safety of building in urban area. For earthquake-resistant performance assessment, we collected and classified building structural data according to assessment criteria using building register, architectural map, digital map, and then complemented database with field survey data. We also suggest GIS-based information system can cope with and manage earthquake hazard effectively, as evaluating earthquake risk by performing detailed earthquake-resistant assessment and determining final assessment scores. The assessment should be processed quickly and accurately by integrating the earthquake hazard information management system with modularization of assessment procedure and method in the future.

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A Study of LCCA and LCA to Evaluate Feasibility for Introducing Smart Quiescent Power Control System into Office Building (LCCA 및 LCA 분석을 이용한 오피스 빌딩에 지능형 대기전력 제어시스템 도입의 타당성 분석에 관한 연구)

  • Quan, Junlong;Lee, Seok-Jung;Choi, Hye-Mi;Kim, Kyung-Hwan;Kim, Ju-Hyung
    • Journal of the Korea Institute of Building Construction
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    • v.16 no.2
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    • pp.141-149
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    • 2016
  • Recently, in an attempt to overcome the defects of quiescent power shutdown system, smart quiescent power control system has been developed. However, due to its higher investment costs, feasibility evaluation must be conducted. While LCCA (Life Cycle Cost Analysis) model is useful to estimate net savings of alternatives that differ with respect to initial costs and operating costs, the environmental burdens are not considered. On the contrary, LCA (Life Cycle Assessment) model is suitable to assess environmental impacts associated with the stages of a product's life but it does not consider costs. In this study, a comprehensive analysis on the economic and environmental impacts of smart quiescent power control system is conducted by using LCCA and LCA model. In addition, sensitivity analysis is carried out to quantify accuracy of estimates.

Application Method of GIS for Planning of Forest Road Network (임도망의 계획에 있어서 GIS 활용방안)

  • Jeon, Kwon-Seok;Ma, Ho-Seop
    • Journal of the Korean Association of Geographic Information Studies
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    • v.5 no.3
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    • pp.99-106
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    • 2002
  • The application method of GIS for planning of forest road network can be save the efforts and cost by frequently change of forest road and evaluation the forest road route before construction. The purpose of this study is to suggest the proper method for planning an optimal forest road network in mountains forest using geographic information system(GIS) in the national forest of Mt. Kumsan at Namhae-gun, Gyungsangnam-do. In the forest road network planning by the minimum longitudinal gradient, The total length was 20.41km, and road density was 6.92m/ha. In the forest road network planning by mixed with the minimum longitudinal gradient and the maximization of investment effect, The total length was 21.15km, and road density was higher than that of the minimum longitudinal gradient as 7.17m/ha. The road length overlapped by cost path was more short than 3.52m/ha of the minimum longitudinal gradient as 1.73km. So, it appeared that forest road has an high effectiveness in yarding function. Therefore, it considered that the geographic information system could provide an effective and resonable solutions for planning of optimal forest road network.

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