• New & Renewable Energy
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• v.2 no.4 s.8
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• pp.86-92
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• 2006

This paper analyses the economics of 50kW PV system installed in Tibet and using domestic technology. We show that this system can be expanded to very large-scale photovoltaic power generation [VLS-PV] system successfully. Based on this result, we conduct the economic analysis of 100MW VLS-PV system designed assuming that it will be installed from 2008 to 2017 in Tibet. In this analysis, future price of PV module and system are estimated based on the methodology of experience curve. In 50kW PV system, the generation cost is calculated at 567.2 won/kWh and this is lower than the one of domestic PV system. In future 100MW VLS-PV system. the generation cost is calculated at 305.4 won/kWh by declining system price. If the lifetime and efficiency of the system goes up, due to future technological improvements, the generation cost can be lowered. Moreover, under the environmental and political effect, VLS-PV system can be as competitive as the conventional energy within 20 years.

• Korean Journal of Air-Conditioning and Refrigeration Engineering
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• v.20 no.9
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• pp.599-607
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• 2008

In this study, air conditioning systems include ground source heat pump (GSHP), are evaluated for economic feasibility. The building is modeled an air conditioned for 280kW scale. This analysis is compared with the energy tariff programs of Korea and USA. The objectives of this paper are to evaluate the cost-effectiveness of the GSHP and combined system using Life-Cycle Cost (LCC) analysis, and to carry out the sensitivity analysis of key parameters. The paper considered the cases including the base case of air source heat pump and the other two alternates for comparisons. The combined system is not only a cost-effective way to the low energy consumption but also a way to avoid a high initial investment. The variations of initial investment and energy rates give a significant effect on the total LCC and payback period.

• Journal of the Korean Solar Energy Society
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• v.28 no.6
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• pp.70-77
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• 2008

The purpose of this study evaluates a feasibility and economical efficiency of new renewable energy. According as weather change is serious problem now days, every people make attention to the reduction of greenhouse gas. The revitalization of new renewable energy creates the variety of energy source, stability of energy supply and reduction of greenhouse gas. In this study evaluates a feasibility and economical efficiency from new renewable energy of various photo voltaics, wind power, small hydro and biogas. Feasibility does in standard of technical characteristic, politic support, marketability, establishment present condition and development aim. Economical efficiency does in standard of developmental unit cost, utilization factor, equipment life, politic support cost, interest ratio. The results of this study were as follows photo voltaics, wind, small hydropower, biogas in order feasibility is high. Developmental unit cost, utilization factor, equipment life, politic support cost and analyzed the relationship of interest ratio fluctuation and economical efficiency. From all new renewable energy the utilization factor most is important in economical efficiency but necessary utilization factor is difficult because environmental problem.

• Industrial Engineering and Management Systems
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• v.9 no.3
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• pp.242-250
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• 2010

For economical and environmental reasons, the aim of this research is hence to monitor the cutting conditions with the dry cutting, the wet cutting, and the mist cutting to obtain the proper cutting condition for the plain carbon steel with the ball end milling based on the consideration of the surface roughness of the machined parts, the life of the cutting tools, the use of the cutting fluids, the density of the particles of cutting fluids dispersed in the working area, and the cost of cutting. The experimentally obtained results of the relation between tool wear and surface roughness, the relation between tool wear and cutting force, and the relation between cutting force and surface roughness are correspondent with the same trend. The phenomena of surface roughness and tool wear can be explained by the in-process cutting forces. The models of the tool wear with the cutting conditions and the cutting times are proposed to estimate the tool cost for the different cooling strategies based on the experimental data using the multiple regression technique. The cutting cost is calculated from the costs of cutting tool and cutting fluid. The mist cutting gives the lowest cutting cost as compared to others. The experimentally obtained proper cutting condition is determined based on the experimental results referring to the criteria.

• Environmental and Resource Economics Review
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• v.11 no.2
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• pp.233-260
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• 2002

This paper tries to analyze the efficiency structure and regulatory effects in electric power industry by using total factor productivity and indices based on cost function method. This paper performed an empirical analysis on the efficiency improvement and optimal scale taking the cost aspect in electricity industry into account. By expanding the cost structure framework, this paper proposes the analytical method regarding the needs of technology regulation and presents the empirical results which can be verified. Hence, this work can play a key role in decision-making of the national power development and regulatory policy. The empirical result indicates that the electricity industry in Korea has been in the state of economies of scale until 1980s, However, due to sustained growth of power generation, economies of scale declined and subsided after 1980s and then diseconomies of scale is shown recent years. The analysis on the effect of technology regulation shows the national large-scale base-load power plant development-oriented policy until so far contributed substantial cost effect to the electricity industry. The empirical result indicates that the reserve requirement as one of means of technology regulation policy did not contribute to the economies of scale but positive effect on the total factor productivity in Korea.

• Environmental and Resource Economics Review
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• v.20 no.4
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• pp.735-760
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• 2011

This study examines the effect of pollution abatement cost on net export of Korea's manufacturing industries based on Heckscher-Ohlin model. We used the panel data on manufacturing industries for 1993~2007. The main findings are as follows. First, it was found that the pollution abatement cost had a significant negative effect on net export of Korea's manufacturing industries. In particular, the effect was stood out after 1997 IMF crisis. Second,skill labor was found to be very important in determining trade pattern among variables related to factor intensities.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.65 no.2
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• pp.264-268
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• 2016

Recently, various energy efficiency optimization activities are ongoing globally by integrating conventional grids with ICT (Information and Communication Technology). In this sense, various smart grid projects, which power suppliers and consumers exchange useful informations bilaterally in real time, have been being carried out. The electric vehicle diffusion program is one of the projects and it has been spotlighted because it could resolve green gas problem, fuel economy and tightening environmental regulations. In this paper, the economics of V2G system which consists of electric vehicles and the charging infrastructure is evaluated comparing electric vehicles for V2G with common electric vehicles. Additional benefits of V2G are analyzed in the viewpoint of load leveling, frequency regulation and operation reserve. To find this benefit, electricity sales is modeled mathematically considering depth of discharge, maximum capacity reduction, etc. Benefit and cost analysis methods with the modeling are proposed to decide whether the introduction of V2G systems. Additionally, the methods will contribute to derive the future production and the unit cost of electric vehicle and battery and to get the technical and economic analysis.

• Advances in Energy Research
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• v.6 no.1
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• pp.55-73
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• 2019

The cost incurred by voltage sag effect in power networks has always been of important concern for discussions. Due to the environmental constraints, fossil fuel shortage crisis and low efficiency of conventional power plants, decentralized generation and renewable based DG have become trends in recent decades; because DGs can reduce the voltage sag effect in distribution networks noticeably; therefore, optimum allocation of DGs in order to maximize their effectiveness is highly important in order to maximize their effectiveness. In this paper, a new method is proposed for calculating the cost incurred by voltage sag effect in power networks. Thus, a new objective function is provided that comprehends technical standards as minimization of the cost incurred by voltage sag effect, active power losses and economic criterion as the installation and maintenance costs of DGs. Considering operational constraints of the system, the optimum allocation of DGs is a constrained optimization problem in which Lightning Attachment procedure optimization (LAPO) is used to resolve it and is the optimum number, size and location of DGs are determined in IEEE 33 bus test system and IEEE 34 bus test system. The results show that optimum allocation of DGs not only reduces the cost incurred by voltage sag effect, but also improves the other characteristics of the system.

• International conference on construction engineering and project management
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• 2005.10a
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• pp.1262-1267
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• 2005

It is still difficult to share and utilize the information generated at each phase of a steel box girder production process due to the spatial gap and different level of management information. The physical distance results in the inefficiency of the information transmission, the accidental omission and typos of the relative information, and so on. Various levels of management information make it difficult to embody a new management system. Eventually, these factors incur the loss of cost and schedule and interrupt development of a new management system. This paper analyzes a current process and presents graphical process flow by using IDEF0. Based this analysis, the research for new production process and work breakdown structure (WBS) is conducted. At the end of this paper, the conceptual design of this system is suggested. Through new management system, it is expected that the model proposed in this study will improve the management process in the steel box production, and the improved process will reduce the redundant cost and schedule information, transmission and deposit generated by manual paper.

• Clean Technology
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• v.26 no.2
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• pp.151-157
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• 2020

Rapid urbanization has elevated the risk of urban flooding due to the increase in the impervious surface, causing environmental disasters and environmental pollution problems, such as lowering the groundwater level and increasing water pollution. In Korea, low impact development (LID) techniques have been introduced to minimize these environmental impacts and maintain the water cycle soundness. However, most small-scale development projects are in blind spots because there is no legal basis for rainfall runoff management. Small-scale development projects that increase the surface runoff of rainwater are required to mandate the application of LID facilities in accordance with the polluters' responsibility principle. Therefore, it is necessary to implement a preliminary consultation system for water cycle recovery. This study focuses on the cost-benefit analysis on the application of LID techniques for small-scale development projects. The scale of nationwide small-scale development projects used for cost-benefit analysis were defined as buildings with a land area of more than 1,000 ㎡ or a total floor area of 1,500 ㎡. As a result of analyzing the cost-benefits from the installation of LID facilities, they were found to be much lower than the economic standard value of 1. This might be due to the high cost of facilities compared to the scale of the project. However, considering the overall environmental value of improving the water environment and air quality by the installation of LID facilities and the publicity of reducing the operating cost of sewage treatment facilities, the introduction of a prior consultation for small-scale development projects is inevitable. In the future, institutional and financial support from local governments is required to improve the cost-benefits with the introduction of a prior consultation for small-scale development projects.