• Title/Summary/Keyword: economic cycle

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Assessing the Economic and $CO_2$ Emission Reductions Viability of Domestic Ground-Source Heat Pumps (단독주택용 지열 열펌프 시스템의 경제성과 이산화탄소 배출 저감 가능성 평가)

  • Sohn, Byong-Hu;Kang, Shin-Hyung
    • Proceedings of the SAREK Conference
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    • 2009.06a
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    • pp.64-69
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    • 2009
  • Because of their low operating and maintaining costs, ground-source heat pump(GSHP) systems are an increasingly popular choice for providing heating, cooling and water heating to public and commercial buildings. Despite these advantages and the growing awareness, GSHP systems to residential sectors have not been adopted in Korea until recently. A feasibility study of a residential GSHP system was therefore conducted using the traditional life cycle cost(LCC) analysis within the current electricity price framework and potential scenarios of that framework. As a result, when the current residential electricity costs for running the GSHP system are applied, the GSHP system has weak competitiveness to conventional HVAC systems considered. However, when the operating costs are calculated in the modified price frameworks of electricity, the residential GSHP system has the lower LCC than the existing cooling and heating equipments. The calculation results also show that the residential GSHP system has lower annual prime energy consumption and total greenhouse gas emissions than the alternative HVAC systems considered in this work.

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The Economic Comparison of EHP and GHP for Medium Capacity Air-conditioning (중용량 공조에서 EHP와 GHP의 경제성 비교)

  • Kim, Young-Il
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.20 no.3
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    • pp.167-174
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    • 2008
  • Cost related to building equipment accounts for about 85% of the life cycle cost of buildings. Therefore proper selection of air-conditioning system is important for reducing the overall cost of buildings. In this study, medium capacity EHP and GHP for air-conditioning a building with a floor area of 1,200 $m^2$ are compared economically. To consider all the factors of initial and operation costs effectively, an annual equal payment method is proposed. For the initial cost, cost of equipment, construction, installation, electric facility, financial subsidy and tax cut is considered. Cost of basic electricity, energy(electricity and gas), space charge, labor, insurance and repair is considered for the operation cost. Under the assumptions made in this study, overall cost of EHP is less than that of GHP, but this is not absolute and different outcome may result if different assumptions are made. This study is useful for those who are interested in choosing an air-conditioning system that costs less for mid-size buildings with simple calculations.

Labyrinth Seal Design for Preventing Internal Inflow of Plating Solution (도금액의 내부 유입 방지를 위한 래버린스 시일 설계)

  • Lee, Duck-Gyu;Kim, Wan-Doo
    • Tribology and Lubricants
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    • v.33 no.6
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    • pp.256-262
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    • 2017
  • Molten zinc plating is a process in which zinc is thinly coated over a metallic or non-metallic surface. It is used in various industrial fields for corrosion resistance and decoration. During the process, a steel sheet is passed through a roll that rotates inside the molten zinc liquid in the temperature range of $460^{\circ}C$ to $680^{\circ}C$, and the plating liquid flows into the roll causing abrasion and erosion of the roll surface. This problem is known to accelerate the replacement cycle of the roll and cause considerable economic loss owing to production line stoppage. Here, we propose a mechanism that operates at high temperature and pressure with a labyrinth type seal design to resolve this problem. We theoretically investigate the flow of the plating solution inside the seal and compute the minimum rotation speed required to prevent the plating solution from entering the seal chamber. In addition, we calculate the thermal deformation of the seal during operation and display thermally deformed dimensions at high temperatures. To verify the theoretical results, we perform experiments using pilot test equipment working in the actual plating environment. The experimental results are in good agreement with theoretical results. We expect our results to contribute towards the extension of the roll's life span and thereby reduce the economic losses.

Weathering of coal and kerogen : implications on the geochmical carbon and oxygen cycle and the environmental geochemical reactions (탄질 유기물과 케로젠의 풍화 : 탄소와 산소의 지화학적 순환 및 환경화학적 반응에 미치는 영향)

  • 장수범
    • Economic and Environmental Geology
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    • v.32 no.1
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    • pp.101-111
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    • 1999
  • Sedimentary organic matter, exposed to continental surficial environment, reacts with oxygen supplied from the atmosphee and forms carbon-containing oxidation products. Knowledge of the rate and mechanisms of sedimentary organic matter weathering is important because it is one of the major controls on atmospheric oxygen level through geologic time. Under the abiological conditions, the oxidation rate of coal organic matter by molecular oxygen is enhanced by the increase of oxygen concentration and temperature. At ambient temperature and pressure, aqueous coal oxidation results in the formation of dissolved $CO_2$ dissolved organic carbon and solid oxidation products which are all quantitatively significant reaction products. The effects of pH, ultraviolet light, and microbial activity on the weathering of sedimentary organic matter are poorly contrained. Based on the results of geochmical and environmental studies, it is believed that the photochemical reaction should play an important role in the decomposition and oxidation of sedimentary organic matter removed from the weathering profile. At higher pH conditions, the production rate of DOC can be accelerated due to base catalysis. These high molecular weight oranic matter can react with man-made pollutants such as heavy metal ions via adsorption/desorption or ion exchange reactions. The effect of microbial activity on the oxidative weathering of sedimentary organic matter is poorly understood and remains to be studied.

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Effect of Economic Analysis an Introduction HSDI Diesel Passenger Cars (HSDI 경유승용차 도입의 경제적 효과분석)

  • 임기추
    • Journal of Energy Engineering
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    • v.10 no.3
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    • pp.177-182
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    • 2001
  • This paper aims at evaluating HSDI diesel passenger cars introduction. The result of economic analysis after accounting for the life cycle cost per car shows a saving of 13,836 thousand won in fuel cost per diesel car assuming a life of 10 years and the annual travel distance of 20,000km. Assuming an average travel distance of 20,000km and a 10% increase in sales of diesel passenger car, the social benefit starts to accrue from the year 2002 and, in 2010, is estimated to be 154.1 billion won relative to the gasoline passenger car. The cumulative social benefit up to 2010 under the same assumptions is expected to reach 636.8 billion won.

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Optimum Management Plan of the HVAC Equipments with LCC Analysis (LCC 분석을 통한 공기조화 열원설비의 최적 관리방안)

  • Kim, Yong-Ki;Woo, Nam-Sub;Kang, Sung-Ju;Lee, Tae-Won
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.20 no.8
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    • pp.556-562
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    • 2008
  • The building HVAC systems have very different qualities of performance and durability with the superintendent's ability for management and maintenance. The poor management of these systems finally lead to the shortening of the life expectancy and result in the increase of operating costs and energy consumptions due to low efficiencies. This study presents an example of appropriate use of the LCC(Life Cycle Cost) analysis in a process of maintaining and repairing old HVAC equipments, by demonstrating the difference of optimal economic life, decrease of running cost, and energy consumption according to the management level of the HVAC equipments. But there are no reliable life expectancy and performance history data at present for optimal management of various building service equipments. Therefore, it is necessary to construct long-term database on operation results of them for more accurate and optimized LCC analysis.

The Facotr Structure of Urban Family Life Events and Related Variables (도시 가정의 생활사건 요인구조와 관련변인)

  • 임정빈
    • Journal of the Korean Home Economics Association
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    • v.31 no.4
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    • pp.115-132
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    • 1993
  • This study was designed with the purpose to analyze the factor structure of family life events and to clear the influence of related variables on family life events. The frequence of experienced events and the degree of importance of events which were the constituent components of family life events was estimated by the 650 married woman in Kangju. The results were as follows: 1. 15 factors of family life events derived by factor analysis: F.1「Expenditure and economic loss」, F.2「Growth and change of children」, F.3「Change of family structure」, F.4「Family's change」, F.5「Change of life level」, F.6「Family's social problem」, F.7「Need of care」, F.8「Family's health」, F.9「Marital relationship」, F.10「Family's social damage」, F.11「Breach with acquaintance」, F.12「Financial difficulties」F.13「Husband's problem」, F.14「Housewives' social activity」, F.15「Kinship's support」. 2. There frequence of experienced family life events such as expenditure and economic loss and breach with acquaintance was highest. 3. The degree of importance about experienced family life events such as growth and change of children was highest. 4. Age, family life cycle have significantly differenced on the degree of importance and the frequence of experienced events. 5. Education's level, family size, income, housewives' employment and family structure have differently differenced on the degree of importance and the frequence of experienced events according event factor.

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Effect of Working Capital Management on the Profitability of Steel Companies on Vietnam Stock Exchanges

  • PHAM, Kien Xuan;NGUYEN, Quang Ngoc;NGUYEN, Cong Van
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.10
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    • pp.741-750
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    • 2020
  • This study examines the influence of working capital management (WCM) factors on the profitability of steel companies listed on the Stock Exchange of Vietnam. Data was collected from audited financial statements of companies for a period of 10 years, from 2010 to 2019. The number of samples eligible for research is 20 out of 26 companies, which is equivalent to 76.9%. With the help of dedicated software Stata version 14, the impact determination of WCM (through 8 independent variables: DIO, DPO, DSO, CCC, SIZ, CR, LEV, GRO) to the firm's profitability (through the dependent variable) is performed through multivariate regression models. Research results from companies in the steel industry in Vietnam during this period indicate that WCM has a strong impact on the profitability of businesses. Among 8 factors affecting the profitability of steel enterprises, factors DPO, DIO, DSO, CR, SIZ, GRO have a positive impact, boosting profitability; 2 factors CCC and LEV have a negative impact on profitability; in which, the effect of CCC is negligible. This conclusion is almost in contrast to many previously published studies due to the specifics of the industry as well as the different stages of economic development associated with the economic management policies of the State.

Economic Evaluation of Air-side Economizer System for Data Center (데이터센터의 외기도입 냉방시스템 적용에 따른 경제성 평가)

  • Park, Seonghyun;Seo, Janghoo
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.26 no.4
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    • pp.145-150
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    • 2014
  • Many studies are being conducted with the aim of reducing the energy consumption in data centers, which are one of the highest consumers of energy. The use of an air-side economizer system that uses external air during intermediate and winter seasons is being considered for reducing the energy consumption of air conditioners. In this study, using the energy simulation, we evaluated the energy performance of a central chilled water cooling system and air-side economizer system in domestic data centers. Further, the cost-effectiveness of the air-side economizer was analyzed through Life-Cycle Cost Analysis. The results showed that with the use of air-side economizer systems, the energy costs increased as the applied filter grade increased; however, unlike existing central chilled water systems, it would break even within 2 years.

Characteristics and Economic Evaluation of a CO2-Capturing Repowering System with Oxy-Fuel Combustion for Utilizing Exhaust Gas of MCFC (MCFC 배기가스를 이용하는 순산소연소 $CO_2$ 회수형 발전시스템의 특성과 경제성 평가)

  • Pak, Pyong-Sik;Lee, Young-Duk;Ahn, Kook-Young;Jeong, Hyun-Il
    • Proceedings of the KSME Conference
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    • 2008.11b
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    • pp.2940-2945
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    • 2008
  • The scale of 2.4 MW MCFC was taken to construct a high-efficiency and economical power generation system without CO2 emission into the atmosphere for utilizing its exhaust gas. The conventional steam turbine power generation system (STGS) was evaluated and the net generated power (NGP) was estimated to be only 133 kW and the STGS is not economically feasible. A CO2-caputuring repowering system was proposed, where low temperature steam (LTS) produced at HRSG by using exhaust gas from MCFC is utilized as a main working fluid of a gas turbine, and the temperature of LTS was raised by combusting fuel in a combustor by using pure oxygen, not the air. It has been shown that NGP of the proposed system is 264 kW, and CO2 reduction amount is 608 t-CO2/y, compared to 306 t-CO2/y of STGS. The CO2 reduction cost was estimated to be negligible small, even when the costs of oxygen production and CO2 liquefaction facilities etc. were taken into account.

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