• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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• v.24 no.7
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• pp.20-25
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• 2010

With the diversification of distribution facilities, existing distributed generation can be subdivided into Microgrids, which are smaller units for application. These Microgrids, subdivided as such and connected to distribution systems, should operate under driving plans that will ensure their economic efficiency and, accordingly, the configuration of those distribution systems that include Microgrids should also be changed. The perception of the necessity to secure the economic efficiency of distribution systems is gradually increasing and studies intended to assess the economic efficiency of Microgrids and Smartgrids are ongoing. In this paper, the power generation capacity of an economically operative Microgrid was calculated using the MonteCarlo simulation, which is a method based on the probability theory considering the power generation cost of Microgrids linked with power supply systems and reverse sales costs, etc., and an optimum distribution systems was configured based on the results of these calculation.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2012.05a
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• pp.47-48
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• 2012

In this study, the CO₂ emission and economic efficiency of high-rise apartment houses were evaluated, and were analyzed as a way to establish database on the evaluation of environment-friendliness of high-rise buildings. To that end, standard of buildings to be evaluated were proposed through analysis of the designing guideline for high-rise apartment houses proposed by Seoul city, and CO₂ emission of the subject buildings were evaluated based on the characteristics of materials admitted into each building and the amounts of energy consumed during lifecycle period. In addition, the initial costs in construction stage and annual costs in operation stage were set as analysis parameters, and along with calculation of direct cost by the consumption of construction materials and energy, the costs of CO₂ emission were evaluated and analyzed. As a result, the CO₂ emission and economic efficiencies of high-rise apartment houses by construction stage and operation stage could be analyzed quantitatively.

• Journal of Korea Technology Innovation Society
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• v.18 no.4
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• pp.621-640
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• 2015

The aim of this study is to provide evidence of how a change in the process of calculating the economic valuation of a project can affect the decision regarding national R&D investment. The paper examines a R&D project of cooperative research program of university-industry-research institute for the construction of a woodchip power plant to explore the role of capital expenditure in the economic evaluation of an investment project. The paper finds that the simple introduction of capital expenditure in the profitability analysis affects the perspectives on the construction plan. The results of this study indicate that standardization of the calculation process that takes different characteristics of industries into account is needed in the preliminary feasibility study of national R&D projects.

• Health Policy and Management
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• v.28 no.1
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• pp.77-86
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• 2018

Background: The purpose of this study is to emphasize the importance and necessity of the government's old-age preparation service by measuring the economic value of the old-age service and the policy direction and policy implications of the government's old-age preparation service project. Methods: Contingent Valuation Method (CVM) was used as an analytical method. CV methodology was used to calculate the Willingness to pay (WTP) for old-age preparation service and its value was estimated and the economic benefit of the project was estimated. Results: As a result of the analysis, the average monthly payment amount for the old service was calculated as 5,100 won, and the annual average payment amount was estimated to be 61,197.1 won. Conclusion: The present value of the benefit for 10 years with the discount rate of 5.5% is 484,651 won. Based on the value of peruser benefit, the total benefit value calculation result of the old-age preparation service considering the Willingness to pay for the next 10 years shows that the total benefit value of the old service, which occurs during the period from 2016 to 2025(10 years) was estimated at 415.1 billion won. As a result of calculating the benefit for each scenario, the present value of basic service is higher in all scenarios than the linked service.

• Nuclear Engineering and Technology
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• v.55 no.6
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• pp.2112-2124
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• 2023

With the rise of economic and safety standards for nuclear reactors, new concepts of Gen-IV reactors and modular reactors showed more complex designs that challenge current tools for reactor physics analysis. A Monte Carlo (MC) two-step method was proposed in this work. This calculation scheme uses the continuous-energy MC method to generate multi-group cross-sections from heterogeneous models. The multi-group MC method, which can adapt locally-heterogeneous models, is used in the core calculation step. This calculation scheme is verified using a Gen-IV modular lead-based fast reactor (LFR) benchmark case. The influence of homogenized patterns, scatter approximations, flux separable approximation, and local heterogeneity in core calculation on simulation results are investigated. Results showed that the cross-sections generated using the 3D assembly model with a locally heterogeneous representation of control rods lead to an accurate estimation with less than 270 pcm bias in core reactivity, 0.5% bias in control rod worth, and 1.5% bias on power distribution. The study verified the applicability of multi-group cross-sections generated with the MC method for LFR analysis. The study also proved the feasibility of multi-group MC in core calculation with local heterogeneity, which saves 85% time compared to the continuous-energy MC.

• Journal of Applied Reliability
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• v.13 no.4
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• pp.241-252
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• 2013

Because of financial and safety concerns, there are needs for more accurate prediction of bridge behavior. Underestimation of the bridge load carrying capacity can have serious economic consequences, as deficient bridges must be repaired or rehabilitated. Therefore, the knowledge of the actual bridge behavior under live load may lead to a more realistic calculation of the load carrying capacity and eventually this may allow for more bridges to remain in service with or without minor repairs. The presented research is focused on the reliability evaluation of the actual load carrying capacity of existing bridges based on the field testing. Seventeen existing bridges were tested under truck load to confirm their adequacy of reliability. The actual response of existing bridge structures under live load is measured. Reliability analysis is performed on the selected representative bridges designed in accordance with AASHTO codes for bridge component (girder). Bridges are first evaluated based on the code specified values and design resistance. However, after the field testing program, it is possible to apply the experimental results into the bridge reliability evaluation procedures. Therefore, the actual response of bridge structures, including unintentional composite action, partial fixity of supports, and contribution of nonstructural members are considered in the bridge reliability evaluation. The girder distribution factors obtained from the tests are also applied in the reliability calculation. The results indicate that the reliability indices of selected bridges can be significantly increased by reducing uncertainties without sacrificing the safety of structures, by including the result of field measurement data into calculation.

• New & Renewable Energy
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• v.7 no.1
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• pp.29-35
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• 2011

The waste treatment fee and energy production effect of Wonju city RDF plant, the first RDF manufacturing plant in Korea, were investigated in the study. All plant operation data, like total weight of received wastes, produced RDF and separated rejects in processes were fully recorded for mass balance calculation of the plant in 2009. Also all consumed oil and electricity were recorded for energy balance calculation. The results showed that the waste treatment fee not including the RDF sales price of 25,000 won/ton-RDF was 116,573 won/ton-MSW and it went down to 105,298 won when included the RDF price. Produced RDF was 40.2% of total received waste in weight. Three components analysis by mass balance calculation of total received waste showed that Wonju city's MSW was 32.4% of combustible, 37.5% of water and 30.1% of incombustible respectively. Energy effect was found that total amount of produced energy was about 4 times more than that of consumed energy.

• The Transactions of the Korean Institute of Electrical Engineers P
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• v.67 no.2
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• pp.70-74
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• 2018

Social infrastructure such as production, transportation, gas, and electrical facilities would be degraded according to time and those facilities might need more maintenances, repairing, and management as time goes by. Especially, in the case of a power transformer, it is important to diagnose the transformer in order to avoid malfunction and failure because they could cause enormous damage. The economic as well as technical aspects of a transformer management must be considered while it is operated. Therefore, the concept of asset management should be applied as an advanced method of transformer management. Asset management refers to a series of processes to make a plan of maintenance and conservation of a power transformer considering the soundness, investment cost, and importance of equipment. It is important to apply the asset management considering calculation of a lifetime loss. In this paper, the lifetime loss calculation method of asset management for a power transformer is suggested.

• The Transactions of the Korean Institute of Electrical Engineers P
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• v.67 no.1
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• pp.15-20
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• 2018

This paper presents the method of ESS energy capacity calculation for stand-alone renewable energy generation system consisting of photovoltaic energy. There is almost no power from photovoltaic system during sunless days. So this source is very weak in terms of the power supply reliability. To improve problem of power supply, battery is mainly used Energy Storage System(ESS). The number of sunless days and Depth of Discharge(DOD) is important factor to determine energy capacity of battery. However, a many study for economical design is required due to the high cost of ESS. In this paper, we propose the new method of ESS energy capacity calculation by applying different DOD for operation with and without sun. We determine the Battery capacity using higher DOD of operation during sunless day than the DOD of the normal operation. And we carried out an economic analysis of the calculation results.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.43 no.4
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• pp.123-132
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• 2020

Currently, there are two types of trainer in Korea : basic and advanced. Both models have been in operation for more than 10 years, and compared to the early stage of operation, reliability has gradually improved and failure rates have also entered a trend of stabilization. Therefore, it is necessary to extend the maintenance period considering economic feasibility. This study investigates the three maintenance period calculation methods: NAVAIR 00-25-403 [17], DOD, U.S. [4], CERL and US Army [3], with intention to extend the maintenance period of the trainer from current 200 hours to 400 hours. In addition, the maintenance period was calculated by the three methods with actual operational data. Common standards and procedures were established to apply operational data to the existing maintenance period calculation methods, the required reliability indicators were derived, and the maintenance periods was calculated based on the results, additionally, a review on the field applicability of the three maintenance cycles was conducted. An on-site interviews were conducted with the calculation results, and 11 out of the 15 items were expected to be extended by 400 hours. It was suggested that the remaining 4 items could be extended to 400 hours by supplementing the inspection method through additional analysis such as functional analysis, inspection content verification, and site connection.