• Korean Journal of Construction Engineering and Management
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• v.19 no.2
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• pp.38-49
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• 2018

Since the ratification of the Paris Agreement (COP21), the government is continuously strengthening policies for the reduction of greenhouse gas of the construction industry in accordance with the growing importance of reducing greenhouse gas and obligation of the government. Especially, the government emphasizes the need to improve the energy performance of old public buildings. Since 2014, the government is running a pilot project in which the government supports the construction cost of the green remodeling project of old public buildings and it is intended to develop the best practice of green remodeling and activate the green remodeling in the private sector. In this study, we analyzed the economical efficiency of the old public buildings by each level through green remodeling and conducted building related investigation and equipment measurement to plan the alternatives of the corresponding buildings. The improvement plan is a green remodeling plan that integrates alternatives. Five improvement plans were developed for each level to analyze the economic feasibility of each plan. As for the analysis method, the first energy demand amount calculation and the LCC analysis were performed through ECO2. In the LCC aspect, the improved 3/4 plan (middle level plan) was the most excellent and results were obtained in the order of the highest cost plan followed by the lowest cost plan. As a result, it is expected that it can be utilized as a basic data for future green remodeling performance plan and economic feasibility analysis in the future.

• Journal of Internet of Things and Convergence
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• v.6 no.1
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• pp.1-8
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• 2020

Following the advanced fuel cycle initiative (AFCI) promotions in the United States, the analytic proposition for global fuel cycle initiative (GFCI) has been investigated using dynamical simulations. The political and economic aspects are considered simultaneously due to the particular characteristics of the nuclear materials. The spent nuclear fuels (SNFs) are treated as the reprocessing by the nuclear non-proliferation treaty (NPT) exemption nations and the NPT excluded nations. Otherwise, the pyroprocessing and repository can be done without NPT restriction. In addition, the international trade is considered as the economic aspect where the energy production is a key issue of the GFCI. The dynamical simulations have been done until 2050. The result of the International Trade shows the gradually increasing shape. Additionally, the Nuclear Power Plant Operation shows the increasing by stepwise shape.

• Korean Journal of Air-Conditioning and Refrigeration Engineering
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• v.19 no.6
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• pp.470-475
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• 2007

The present study has been conducted economic analysis through actual operation of electric heat pump (EHP) and gas engine driven heat pump (GHP) which are installed at the same building in the university. Cost items, such as initial cost, annual energy cost and maintenance cost of each system are considered to analyze life cycle cost (LCC) and economical efficiencies are compared. The initial cost is considered on the basis of actual cost, and annual energy cost is converted into the cost after measuring electricity and gas consumption a day LCC applied present value method is used to assess economical profit of both of them. Variables used to LCC analysis are electricity cost escalation rate, natural gas cost escalation rate, interest rate, and service lives when each of them are 4%, 2%, 8%, and 20 years. The result shows that EHP (148,257,306 won) is more profitable than GHP (161,239,296 won) by 8.05% (12,981,990 won).

• Journal of the Korea Institute of Building Construction
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• v.12 no.4
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• pp.386-392
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• 2012

In this study, life cycle cost (LCC) is analyzed according to insulation panel system type using a deterministic LCC analysis method. Through this analysis, it was found that the construction cost in the deterministic LCC analysis for Ceramic panels was low compared to the construction cost for metal and stone panels. Also, the difference in cost between the Ceramic panel and the metal panel was about 2 times. In the area of maintenance cost, it was found to be similar to the previously analyzed construction cost, in which the metal panel has the highest cost due to the high cost of construction and the frequent need for maintenance. In the case of the stone panel, a small difference in cost is shown compared with that of the Ceramic panel, but the cost is higher than the Ceramic panel. Regarding the cost of waste disposal, the Ceramic panel can reduce the cost by at least 1.5 times and up to 2 times compared to other panel systems. Finally, in the analysis of sensitivity according to changes in discount rates, the Ceramic panel and metal panel systems have a similar cost, and the cost of the metal panel is a bit larger than that of other panel systems. Thus, in the subjects used in the analysis, the Ceramic panel system shows the highest economic benefits.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.33 no.3
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• pp.1143-1151
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• 2013

Reasonable methods are needed to predict the noise level of new/existing roads and to select means of noise reduction. In this study, the noise reduction effects of both soundproof walls and quiet pavements were predicted. The noise reduction effects of quiet pavements were predicted by measurement data obtained using the CPX method in test pavements. The noise reduction effect was predicted by KHTN program when applied to soundproof walls and quiet pavement. As a result, the predicted noise level was similar to the measured one. The design method was suggested by an economic analysis using noise benefit of predicted noise reduction. The research suggests that the optimum alternative has to be determined using noise prediction method and life-cycle cost analysis.

• Economic and Environmental Geology
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• v.36 no.6
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• pp.527-536
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• 2003

The Dokdo volcano in the south-central part of the East Sea is classified into 8 rock units. The units and sequence suggest that the Dok Island forms a small stratovolcano constructed from at least 3 times eruption cycles above the sea level and proceeded with transformation of a few different eruption styles during each cycle. Reconstruction of the volcanic form, from the geologic structures and spatial lithofacies changes, suggests that the island is remnants of the southwestern caldera rim of the stratovolcano whose central part lies several hundred meters to the northeast. The subaqueous volcano shows abig guyot, which looks like a shield volcano, that represents gentle slope at 90-175 m deep and relatively steep one in 200∼2,000m, and 25∼30km wise base on sea floor. Therefore the total Dokdo volcano represents a multiple volcano that stratovolcano with small caldera overlies the big guyot.

• Plant Journal
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• v.9 no.1
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• pp.36-42
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• 2013

In this study, repowering scenarios are analyzed and evaluated from the economical point of view on a case by case basis. Based on the result of evaluation, the IRR indicates 2.34% on single 750 MW LNG combined cycle unit, 3.56% on 500 MW sub-bituminous PC units and 2.31% on 200 MW circulating fluidized bed combustion units, resulting in not reaching 7% rate of discount rate and being concluded uneconomical. However, proposes that it is most economical and feasible to repower power plant into 750 MW LNG combined cycle unit as long as the economic feasibility can be improved and it is necessary for old anthracite power plant to be repowered than rebuilt under the circumstances of lacking power supply.

• Proceedings of the SAREK Conference
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• 2007.11a
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• pp.334-339
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• 2007

This paper is concerned with economic analysis and comparison between hybrid and central air conditioning system by TRNSYS simulation and Life Cycle Cost(LCC) analysis. Hybrid air conditioning system that is using VAV for interior zone and system air-conditioner for perimeter zone is installed in building A. Central air conditioning system is composed of VAV and convector. The simulation was carried out in mode temperature level control using TRNSYS 16. From the result of simulation and LCC analysis, hybrid air conditioning system was better than central air conditioning system in initial cost and energy consumption.

• 사회경제평론
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• v.31 no.1
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• pp.63-105
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• 2018

Keynes proposed revolutionary claims in his General Theory that the capitalist economy have the following characteristics: unemployment is general, unemployment could not be automatically restored, business cycle and crisis are inherent in the capitalist economy. Hicks refuted Keynes that unemployment is a special case of depression, and Modigliani argued that it is only valid under a particular assumption of wage rigidity. Also, Pigou and Patinkin contended that unemployment can be automatically recovered in the flexible wages and prices system. These refutations have made the revolutionary reforms appeared in Keynes's General Theory to decline. However, their claims did not correctly interpret Keynes's theories, nor effectively refute them. They interpreted Keynes narrowly within the framework of the classical tradition and refuted Keynes using the claims of the classics. The revolutionary nature of Keynes's General Theory could be not undermined by their refutation, but rather may be more useful in analyzing today's economic reality.

• Journal of the Architectural Institute of Korea Planning & Design
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• v.34 no.3
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• pp.23-34
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• 2018

Due to a waste of energy in korea, about 525,000 which are 75 percent of total buildings are at least 15 years old buildings that need remodeling. There are two current remodeling systems. One is a remodeling system to reduce a waste of resources from the reconstruction. The other is a green-remodeling system aimed to energy savings and reducing environmental costs. This study is to analyze quantitatively these current systems with respect to the cost-benefit caused by the life cycle and suggests the political and institutional implications through the interpretation of the results. For a quantitative analysis, we analyzed reducing maintenance costs and rent benefits with simulation by using opportunity costs, construction costs, plan costs and supervision costs as expense variables and using the reduced floor area ratio, institutional incentives, energy, water resources and certified emission reduction(CER) as benefit variables. As a result of the empirical study, the green-modeling was more beneficial in the field of environment such as the energy savings, however, the final benefits of remodeling which has no green building certification costs but more floor area ratio incentives were more economical. The green-remodeling system focused on reducing environmental costs and energy savings needs a equatable institutional incentive system.