• Journal of Fisheries and Marine Sciences Education
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• v.18 no.3
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• pp.261-271
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• 2006

The present study is aimed at evaluating the economic effectiveness of Abalone, haliotis discus hanai Releasing Project(ARP) conducted in the fishing ground owned by a fishing village in Ulsan, Korea. The results were summarized as follows: First, an average ratio of released abalones in the total landing after releasing is shown to be 85.0%. Second, the recapture rate of released abalones is 46.8%, exceeding the recapture rate of BEP(Break-Even-Point), 22.9%. Third, it is evaluated that total economic effectiveness of the ARP is 6.7-6.8 times, net effectiveness is 2.2-2.3 times, and the NPV(Net Present Value) discounted by a 8% interest rate is 474, 635 thousand wons, indicating the project is profitable. Considerable parts of the positive results on the ARP are based on some beneficial conditions, including the selection of favorable releasing sites, best self-regulation system of a fishing village for preservation of seaweed facilities and continued activities for protecting small abalones and their rearing. These results imply that the success of the ARP would be primarily dependent upon the selection of releasing site and effective management system after releasing.

• Current Photovoltaic Research
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• v.10 no.2
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• pp.62-71
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• 2022

The Global RE100 campaign is a one of the voluntary campaign, but it has a lot of influence on domestic companies that have not yet joined the Global RE100. Accordingly, the Korean government introduced the Korean RE100 (K-RE100) system to prepare an institutional mechanism for domestic companies to respond to RE100. However, in Korea, due to the high LCOE of renewable energy and institutional limitations of the power transaction system, there is a limit for companies to implement RE100 in various ways. Therefore, in this study, the implementation cost of RE100 for green tariff, REC purchase, third-party PPA, direct(or corporate) PPA, and self-generation was compared and analyzed to derive the order of implementation with the net present value (NPV) of costs incurred over 20 years. As a result, self-construction was analyzed as the most economical method, but the implementation through the green tariff seemed to be the most realistic implementation method so far. However, considering the gradually falling LCOE, third-party PPA and direct PPA could be secured competitiveness against green tariff in 2025 and 2026. Then it could allow the companies to have various portfolios for implementation of RE100.

• Journal of the Korean Institute of Gas
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• v.25 no.4
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• pp.19-26
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• 2021

In this paper, we carried out the process modelling and economical analysis of the 500 kg-H₂/d-class green hydrogen production system process based on biomethane from the Food Bio Energy Center in Chungju. As a result of economic analysis, the NPV(Net present value) after 15 years of operation is 3.831 billion won, the PI(Profitability index method) is 1.42. It was found that the project of 500 kg-H₂/d-class green hydrogen production system has a 20.25% of IRR, which is higher than social discount rate of 4.5% and feasibility is ensured.

• Journal of the Korean Society of Fisheries and Ocean Technology
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• v.57 no.2
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• pp.173-184
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• 2021

In this study, internationally widely utilized bioeconomic models were used to make a comparison and analyze the effectiveness of red snow crab fisheries management measures. As a specific effect analysis, biological and economic effects of both total allowable catch (TAC) and effort reduction management measures were analyzed simultaneously. Model results showed that the red snow crab biomass would be decreased from 106,000 tons to 73,076 tons after ten years when the TAC is set to and maintained at the current level of 26,000 tons. The amount of biomass would be increased to 125,316 tons when the level of TAC is set to 22,000 tons. In cases of reduced fishing efforts, a 30% decrease from the current level would result in greater biomass and NPV would be also estimated at the highest level. In addition, a sensitivity analysis by market price was conducted to analyze the minimum TAC level of the red snow crab offshore pot fishery. Results showed that the minimum TAC level would be 8,210 tons when the market price increased by 30% and it would be also 15,247 tons when the market price decreased by 30%. Furthermore, results of the sensitivity analysis by fishing cost showed that the minimum TAC level was analyzed to be 13,857 tons when the fishing cost increased by 30% from the current level.

• Journal of Energy Engineering
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• v.22 no.4
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• pp.386-393
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• 2013

An feasibility analysis is performed for the tidal current power generation with the examination of the sea water speed distribution at Pungdo. In this analysis, the water speed distribution which is the key issue was obtained from the actual speed distribution data and results in "the annual current tidal power". Due to the lack of cost information, we applied EPRI data from the internet site instead of the actual information. The result could be used as a base data for the construction of current tidal power plant in the near future. And it is expected to provides good data for the Energy policy.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.11 no.10
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• pp.3721-3725
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• 2010

In this paper, the cost-benefit analysis is used to compare policy alternatives on whether the Korea National Museum of Contemporary Art should be incorporated or not. Alternative 1 (Current State) is to remain as it is. Alternative 2 (Incorporation State) is to change its legal status from government agency into incorporation. To make the process of incorporating, some assumptions are introduced: (1) no labor workforce reductions, (2) wage increase, (3) keeping publicness. These assumptions reduce the resistance from worker and provides them incentives to accept the incorporating process. Those assumptions also reflect the direction of policy of the government. After estimating the net present values of each alternative, it turns out that the NPV of Alternative 2 (Incorporating State) is larger than that of Alternative 1 (Current State). This result holds after doing sensitivity test using different discount rates.

• Journal of Korean Society of Transportation
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• v.26 no.2
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• pp.25-33
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• 2008

This study was practiced in order to analyze the effect of concentrative lighting that is set up at night in some districts. For practicing this study, It was analyzed first, to study the past papers, second, to analyze the condition of the traffic accidents and the characteristics of the accidents, third, to study on the improvements of the high accident locations, finally to study the characteristics about the pedestrians' traffic accidents. The effects of road lighting improvements was analysed. The result of the analysis on concentrative lighting of crosswalk said that the night accidents was decreased to average 16.13% and the Net Present Value(NPV) on the analysis of the effect during using period is 25,648 million won, The B/C is 12.85. So, It was analysed that it is very effective.This study was practiced on the some districts and equipping time is different, and the number of samples is small. Because of this facts, This sample doesn't represent all of the concentrative lightings. But through the systematic analysis, this study can present the alternatives that can be materialized.

• Asian Pacific Journal of Cancer Prevention
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• v.14 no.1
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• pp.31-37
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• 2013

Background: Throughout Indonesia, thyroid cancer is one of the ten commonest malignancies, with papillary thyroid carcinoma (PTC) in our hospital accounting for about 60% of all thyroid nodules. Although fine needle aspiration biopsy (FNAB) is the most reliable diagnostic tool, some nodules are diagnosed as indeterminate and second surgery is common for PTC. The aim of this study was to establish the diagnostic value and feasibility of testing the BRAF T1799A mutation on FNA specimens for improving PTC diagnosis. Materials and Methods: This prospective study enrolled 95 patients with thyroid nodules and future surgery planned. Results of mutational status were compared with surgical pathology diagnosis. Results: Of the 70 cases included in the final analysis, 62.8% were PTC and the prevalence of BRAF mutation was 38.6%. The sensitivity, specificity, positive predictive value (PPV), and negative predictive value (NPV) for BRAF mutation analysis were 36%, 100%, 100% and 48%, respectively. With other data findings, nodules with "onset less than 5 year" and "hard consistency" were proven as diagnostic determinants for BRAF mutation with a probability of 62.5%. This mutation was also a significant risk factor for extra-capsular extension. Conclusions: Molecular analysis of the BRAF T1799A mutation in FNAB specimens has high specificity and positive predictive value for PTC. It could be used in the selective patients with clinical characteristics to facilitate PTC diagnosis and for guidance regarding extent of thyroidectomy.

• Transactions of the Korean hydrogen and new energy society
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• v.25 no.2
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• pp.173-182
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• 2014

Dimethyl ether (DME) is a new clean fuel as an environmentally-being energy resources. DME has similar characteristics to those of LPG and can be substituted Diesel fuel. KOGAS has investigated and developed new innovative DME synthesis process from synthesis gas with KOGAS's own technologies. KOGAS had finished the construction of 10ton/day DME demonstration plant in 2008, we have established the basic design of commercial plant which can produce 3,000ton/day DME. Specifically, an economic model for a commercial DME project will be presented. It accounts for all the major cost factors that are considered in a commercial scale project as the model input for performing cash flow analysis, after which key economic indicators are produced including the internal rate of return (IRR), net present value (NPV). Sensitivity analysis is performed to identify dominant cost factors to the project economics and quantify their impact. The inputs to the economic analysis will be based on representative cost factors from the commercial-scale design of KOGAS' direct DME process supplemented by literature data. Case study results will be presented based on recent commercialization projects.

• Journal of Korean Society for Quality Management
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• v.44 no.4
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• pp.869-881
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• 2016

Purpose: The objective of this study is to verify the economic validation of quality management integrated train freight car by analyzing economic evaluation indicators such as benefit and cost, net present value, and inter rate of return. Methods: First, we itemize benefit and cost field by reviewing literatures; Benefit consists of 1)Safety, 2)Operation, and 3)Maintenance; Cost consists of 1)Set-up fee, 2)Wireless internet fee, and 3)Cloud storage using fee. Second, based on these estimated values, we conduct an economic evaluation analysis. Among them, benefit and cost, net present value, and internal rate of return are selected. Results: As a result, all estimated values are highly over criterion of economic validity($$B/C{\geq}_-1$$, $$NPV{\geq}_-0$$, $$IRR{\geq}_-R$$); 1)benefit over cost ratio is 28.22, 2)Net present value is 8,121.66million KRW, and 3)Internal rate of return value is 2272%. Conclusion: The findings of this study will help making a decision when train industry adopts IoT technology for improving the effectiveness.