• Title/Summary/Keyword: NPV Analysis

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Feasibility Study of Forestry Project in Sarawak State, Malaysia

  • Woo, Heesung;Turner, Paul;Kang, Byongrho;Jang, Jaeyoung;Woo, Jongchoon
    • Journal of Forest and Environmental Science
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    • v.34 no.4
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    • pp.352-358
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    • 2018
  • This research paper investigates available options for implementing clean development mechanism (CDM) project in Sarawak state, Malaysia. To investigate economic feasibility, data was collected using survey and field research methods. Also, economic analysis was estimated using net present value (NPV), internal rate of return (IRR) and payback period (PBP) during the 30 years CDM: afforestation and reforestation periods. The result of economic analysis indicated that, the payback period was estimated at 9 years with 18 percent of internal rate of return (IRR). This study also highlighted that CDM biomass supply project have a lot of challenges due to the reduction and exclusion of bio-Solid Recovered Fuel (SRF), supply and demand scenario, and impact of restriction of illegal logging in Malaysia. This study results demonstrate the methodology and guideline for future CDM investment and projects.

Which CDM methodology is the best option? A case study of CDM business on S-Water treatment plant

  • Kyung, Daeseung;Lee, Woojin
    • Advances in environmental research
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    • v.1 no.2
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    • pp.125-142
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    • 2012
  • Clean development mechanism (CDM) validity study was conducted to suggest better and more adaptable CDM scenario on water treatment plant (WTP). Potential four scenarios for CDM project; improvement of intake pumping efficiency, hydro power plant construction, solar panel construction and system optimization of mechanical mixing process were evaluated on S-WTP in Korea. Net present value (NPV) of each scenario was estimated based on sensitivity analysis with the variable factors to investigate the CDM validity percentile. Hydro power plant construction was the best option for CDM business with 97.76% validity and $1,127,069 mean profit by 9,813 $tonsCO_2e$/yr reduction. CDM validity on improvement of intake pumping efficiency was 90.2% with $124,305 mean profit by huge amount of $CO_2$ mitigation (10,347 $tonsCO_2e$/yr). System optimization of mechanical mixing process reduced 15% of energy consumption (3,184 $tonsCO_2e$/yr) and its CDM validity and mean profit was 77.25% and $23,942, respectively. Solar panel construction could make the effect of 14,094 $tonsCO_2$ mitigation annually and its CDM validity and mean profit was 64.68% and $228,487, respectively.

Techno-economic Analysis of Glycerol Steam Reforming for H2 Production Capacity of 300 m3 h-1 (300 m3 h-1급 수소 생산을 위한 글리세롤 수증기 개질반응의 기술·경제성 분석)

  • Heo, Juheon;Lim, Hankwon
    • Applied Chemistry for Engineering
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    • v.29 no.2
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    • pp.209-214
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    • 2018
  • In this paper, the techno-economic analysis of glycerol steam reforming for $H_2$ production capacity of $300m^3\;h^{-1}$ was carried out. The process of glycerol steam reforming was constructed by using Aspen $HYSYS^{(R)}$, a commercial process simulator, and parametric studies for the effect of the operating temperature on $H_2$ production was performed. Moreover, the economic analysis was conducted through an itemized cost estimation, sensitivity analysis (SA) and cash flow diagram (CFD), and the unit $H_2$ production cost was 5.10 $ ${kgH_2}^{-1}$ through the itemized cost estimation of glycerol steam reforming for $H_2$ production capacity of $300m^3\;h^{-1}$. SA was employed to identify key economic factors and various economic indicators such as net present value (NPV), discounted payback period (DPBP), and present value ratio (PVR) were found according to $H_2$ selling price using CFD.

A Life Cycle Cost Case Analysis on the Build-Transfer-Lease(BTL) Projects of School (학교 임대형민자사업(BTL)의 LCC 사례 분석)

  • Cho, Seung-Yun;Ahn, Jang-Won;Kim, Yong-Su
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2007.11a
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    • pp.145-150
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    • 2007
  • This study is a LCC case analysis on the school one of the BTL projects which is constructed by private organizations and rented to government. According to the RFP to make out documents, it is performed the case analysis based on the results of LCC calculation about maintenance & conservation costs; repairing costs and replacement costs. It is analyzed LCC on maintenance & conservation costs for 20 years(rent period) and 65 years(life cycle). As a result of LCC analysis, about more than 50% of total LCC are architectural works and the rest of them are machinery works, electric works, and civil works in the order. And it is also suggested some problems and their solutions to perform LCC analysis on the current BTL projects of school.

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A Study on the Effectiveness of Intelligent Transport Systems on National Highways (국도상의 지능형교통시스템의 효과성 분석에 관한 연구)

  • Lim, Sung-Han;Kim, Hyun-Suk;Heo, Tae-Young
    • Journal of Korea Society of Industrial Information Systems
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    • v.14 no.4
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    • pp.205-212
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    • 2009
  • Intelligent Transport Systems(ITS) has been currently growing attention in industry as hightech traffic system and ITS infrastructure has been built not only on expressway but also on national highways. Although the effect of ITS installation on national highways is not easy to measure with quantitative methodology, it is necessary to develop the quantitative method to verify the effect accurate analysis of ITS effect. In this study, the analysis of cost efficiency of ITS project carried out by Iksan Regional Constriction Management Administration(IRCMA) was conducted. Analysis period and discount rate were assumed as 10 years and 5.5%, respectively. Several measures of the effect including reduction of travel time, CO2 discharged and fuel and the value of Variable Message Sign(VMS) information were proposed. Concludingly, ITS project implemented by IRCMA appeared to be cost effective, indicating 1.20 of B/C ratio, 12.4% of IRR and W1.48 billion of NPV.

An Economic Feasibility Study for the Slow Food Expo in Korea (산업연관분석을 통한 슬로푸드박람회의 경제적 파급효과 추정)

  • Choi, Jong Du
    • Environmental and Resource Economics Review
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    • v.22 no.4
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    • pp.817-841
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    • 2013
  • The purpose of this study is to examine feasibility of the 'Master Plan of 2013 Slow Food Expo(2013 AsiO Gusto), Korea' and to analyze the following economic effect. To this end, we used existing data and statistics, and estimated the demand by means of survey for people's traveling and questionnaires for ordinary Koreans. For examining financial feasibility for hosting the Expo, BC ratio (Benefit-Cost Ratio) and NPV (Net Present Value) was applied. For estimating the economic effect following the Expo, the effect on all over the country and the Gyeong-gi province was analyzed, using the MRIO (Model of Regional Input-Output). Specifically, with the net effect of Expo, the economic feasibility test shows 1.04~2.15 BC ratio with 10% free admission, and 1.02~2.27 BC ratio in Finance analysis. Furthermore, the Expo feeds through Gyeong-gi (including Nam-yang-ku) regional economies with production induction effect, value-added induction effect, and employment induction effect. The amounts of regional effects are 373.6~738.7 billion won, 166.2~327.4 billion won, and 1,971~2,009 persons, respectively. Also, the "2013 Slow Food Expo, Korea" was analyzed profitable in general. Residents in Nam-yang-ju expects the Expo to bring vitalities into their hometown. The Expo is highly related to the positive economic effectiveness of Nam-yang-ju.

A Study on the Reduction of Traffic Induced Contributions through Installing a Parking Guidance System (주차유도시스템 설치에 따른 교통유발부담금 경감을 위한 연구)

  • Choi, Yang-Won;Cho, Hyun-Seog
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.34 no.1
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    • pp.235-241
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    • 2014
  • There are many traffic problems in a city such as parking, traffic jam caused by traffic induction facility. Therefore it is essential to demand for traffic demand management to building's owner whose building location causes traffic induction. According to the 90s traffic policy, government collects fee for traffic induction facility through traffic policy management and they encourage the building owner to join reduction of traffic jam program by reduction of traffic induction fee. However there are not many buildings owner joined this program because the program is not ghat beneficial. For example, if government set out parking guidance system (part of parking demanding system) in a city, it will reduce to 20% of traffic induced contributions but t can be used only once a year, so it is not efficient to used even it is valuable for about 10 years. In particular, according to the economic efficiency analysis, evaluate economically as net present value (NPV) to 2,160.44 million won, ratio of benefit/cost (B / C) to 2.44 during 10 years. Therefore this research will find out what is necessary for parking guidance system.

Study on Installation Capacities of Wastewater Reclamation and Reusing System Applying to Contact Aeration Process using Cost-benefit Analysis (경제성분석을 이용한 접촉폭기방식 중수도의 설치규모분석에 관한 연구)

  • Nam, Young-Woo;Park, Tae-Uk
    • Journal of Korean Society of Environmental Engineers
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    • v.22 no.11
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    • pp.1945-1954
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    • 2000
  • This study provides economical installation capacities for wastewater reclamation and reusing system in 7 areas of South Korea applying to contact aeration process using NPV(net present value) model based on cost-benefit. First. considering only private benefits. economical installation capacities for wastewater reclamation and reusing system applying to contact aeration process in household use were more than $500m^3/day$ in Pusan. $1,000m^3/day$ in Taegu. $2,000m^3/day$ in Kwangju. However. installation capacities in Seoul. Inchen, Taejon, and Ulsan were not optimal for $3,000m^3/day$. Therefore, supply ways of wastewater reclamation and reusing system in household use in the latter areas were more optimal local recirculation system than individual recirculation system. Economical installation capacities for wastewater reclamation and reusing system in business use were more than $100m^3/day$ in Seoul. Pusan. and Kwangju and which were $300m^3/day$ in Taegu, Inchen, Taejon, and Ulsan. Economical installation capacities for wastewater reclamation and reusing system in commercial use were more than $100m^3/day$ in Seoul, Pusan, Taegu, Kwangju, Taejon, and Ulsan, and which were $300m^3/day$ in Inchen. Second, considering only social benefits. economical installation capacity for wastewater reclamation and reusing system applying to contact aeration process was more than $100m^3/day$.

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Efficacy of Fine Needle Aspiration Biopsy in Parotid Gland Tumors (이하선 종양에서 세침흡인검사의 유용성)

  • Lee, Chang-Hee;Lee, Hyun-Sub;Jin, Sung-Min;Lee, Sang-Hyuk;Pyo, Jung-Soo;Sohn, Jin-Hee
    • Korean Journal of Head & Neck Oncology
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    • v.27 no.2
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    • pp.204-209
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    • 2011
  • Background and Objectives : The usefulness of fine needle aspiration biopsy(FNAB) for diagnosis of parotid gland tumors is controversial, because of the generalized belief requiring surgery for most parotid tumors. The aim of this study was to evaluate the efficacy of FNAB for diagnosis in parotid gland tumors. Material and Methods : FNAB was performed in 91 patients who underwent parotid surgery at Kangbuk Samsung Hospital from January 2007 to December 2010. The result of FNAB, 11 malignancies and 75 benign tumors and 5 non-neoplasms were analyzed and compared with the final histopathologic diagnoses. Sensitivity, specificity, accuracy, positive predictive value(PPV), and negative predictive value(NPV) were calculated using final histopathologic diagnosis of the surgical specimen as the standard diagnostic reference for comparative analysis. Results : 86 specimens(94.5%) were suitable for evaluation. We compared the result of FNAB and the final histopathology in 79(89.4%) cases. The sensitivity, specificity, accuracy, PPV, and NPV of FNAB for detecting pleomorphic adenoma was 95.8%, 88.4%, 92.3%, 90.2%, and 95.0%. In Warthin's tumor, results were 86.4%, 94.2%, 92.3%, 82.6%, and 95.6%. Among 11 patients who were diagnosed with malignancy on final histopathologic report, only 3(30%) patients were diagnosed with the same as on FNAB, the other 8 patients were initially diagnosed incorrectly as benign tumors in FNAB. There were no complications related to FNAB. Conclusion : Diagnostic accuracy for FNAB in benign parotid tumors was high. However, in malignant tumors, FNAB shows low diagnostic usefulness compared with benign tumors. FNAB can be effective and safe diagnostic technique for evaluating the benign parotid glands tumors.

Synthesis, Stability Constants, X-ray Structure and Electrochemical Studies of Copper (II) 1, 14-Bis (2-hydroxybenzyl)-2, 6, 9, 12-tetraazatetradecane.tetrahydrochloride Complex (1, 14-Bis(2-hydroxybenzyl)-2, 6, 9, 12-tetraazatetradecane.tetrahydro-chloride 구리착물의 합성, 안정도상수, X-ray 구조 및 전기화학적 연구)

  • Kim, Sun-Deuk;Kim, Jun-Kwang;Kim, Seong-Yun
    • Analytical Science and Technology
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    • v.13 no.2
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    • pp.173-178
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    • 2000
  • A new open-chain ligand containing two phenol groups, 1, 14-Bis (2-hydroxybenzyl)-2, 6, 9, 12-tetraazatetradecane(bsated) was synthesized as its tetrahydrochloride salt and characterized by elemental analysis, mass, infrared and NMR. Its proton dissociation constants ($logK^n{_H}$) and stability constants ($logK_{ML}$) toward $Co^{2+}$, $Ni^{2+}$, $Cu^{2+}$ and $Zn^{2+}$ were determined at $25^{\circ}C$ and 0.10M($KNO_3$) ionic strength in aqueous solution by potentiometry. The X-ray structure of its copper (II) complex [Cu(bsated)]$(ClO_4)_2$ was reported: Monoclinic space group $P2_1/n$, $a=17.856(4){\AA}$, $b=17.709(1){\AA}$, $c=8.539(2){\AA}$, $V=2700(2){\AA}$ with Z=4. Electrochemical studies of [Cu(bsated)]$(ClO_4)_2$ complex in dimethyl sulfoxide (DMSO) solution containing tetrabutylammonium perchlorate (supporting electrolyte) were carried out by cyclic voltammograms (CV) and normal pulse voltammetry (NPV).

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