• Journal of the Architectural Institute of Korea Structure & Construction
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• v.36 no.3
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• pp.147-157
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• 2020

With the increasing obligation to reduce greenhouse gas emissions to the building sector, the government has been gradually expanding its obligation to zero-energy buildings since 2020. Since the ZEB certification took effect in 2017, 48 preliminary and main certifications have been completed as of March 2019, and most of them are public buildings or even certified, but have earned Grade 5 of ZEB. This means that compared with the number of annual building permits registered in Korea, the figure is insignificant, and that it receives little if not mandatory. Therefore, this study investigated empirical cases of ZEB additional construction cost and conducted cost benefit analysis according to changes in ZEB additional construction cost based on a preliminary feasibility analysis project recently conducted by the KDI. In addition, considering the public buildings, the social costs were considered, and the cost-benefit analysis method was the same as the KDI's preliminary feasibility analysis method. The analysis shows that if the ratio of ZEB additional construction cost is more than 5 percent, it is analyzed that there is no economic feasibility, and considering that the ratio of additional construction cost in the cases of ZEB in Korea is 17 percent to 38 percent, it will not be easy to obtain ZEB certification in terms of cost. Finally, to narrow these differences in cost and economic aspects, the overseas low energy and ZEB incentive examples proposed measures such as the concept of subsidy payment in Illinois and the compensation of social costs to private ZEB.

• Journal of Cadastre & Land InformatiX
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• v.44 no.1
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• pp.61-78
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• 2014

The Cadastral Resurvey Project received 'Ineligible' determination by the first Pre-feasibility study in 2010. This is a result of the AHP analysis based on the policy and the economy validity. Especially, economic validity test uses mainly the Benefit-Cost Analysis. B-C Analysis has enclosed the limit to estimate the benefit which have the external effect. This study concentrated on the limit of the estimation the benefit on the Pre-feasibility study.

• Journal of the Korea Convergence Society
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• v.8 no.2
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• pp.163-168
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• 2017

The feasibility evaluation of public projects has been carried out mainly in the economic analysis. However, items of political, technological and balanced regional development aspects are further evaluated by applying analytic hierarchy process, This paper suggests to analyzes preliminary feasibility study of construction and research & development project during the past three years and to verify correlation between B/C ratio and AHP weight. The result shows that the correlation between cost benefit ratio and the weight of the hierarchy is 0.744 in construction projects and 0.899 in research & development project. Namely, AHP weight be under the control of B/C ratio and is devoted to its role against expectation. Therefore it must be sufficiently discussed in various designs of studies to maximize the effects of AHP analysis.

• Journal of the Korean Society for Library and Information Science
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• v.52 no.2
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• pp.125-142
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• 2018

Local innovation cities that have recently been being constructed have a large share of the population with highly educated young family with children. There are high demand for children's libraries because of this high percentage of children in the population. In this regard, this study analyzed the economic feasibility of establishing a new children's library in an innovation city as viewed through the case of the C innovation city, where population inflows are increasing recently. In this study, based on a survey, we conducted a cost benefit analysis, as estimating the cost of constructing the library and calculating the benefits from the construction. The economic feasibility was analyzed by calculating the benefit cost ratio, net present value, and internal rate of return.

• Ecology and Resilient Infrastructure
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• v.7 no.4
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• pp.274-283
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• 2020

A large amount of fine dust is generated during the process of pavement cutting. Consequently, reducing the amount of fine dust generated during pavement cutting is crucial for the overall management of fine dust. Based on this premise, in this study, a conceptual model is proposed for a device that can be employed for recovering scattered dust generated at the site of pavement cutting. The economic feasibility associated with the incorporation of the proposed model was analyzed. Results obtained from the economic feasibility analysis of the proposed conceptual model indicate that the benefit ratio is 2.96, which is significantly higher than 1. The rate of return is found to be 62.78%, which significantly exceeds the minimum expected rate of return (i.e., 10%), as established on the basis of interviews conducted with companies that implement pavement cutting. Furthermore, the break-even point is found to be at approximately 21.6 months. Hence, the proposed pavement cutter, which features dust suction and a low noise level, is economically feasible.

• Architectural research
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• v.24 no.3
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• pp.85-91
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• 2022

The public rental housing policy aims to provide the housing to the vulnerable class who do not have enough credit to own houses. The Korean government introduced new policies for housing supply to improve the availability of new houses. However, it is difficult to expand the supply because of the accumulated deficit of public rental housing. In this study, the economic feasibility of long-term public rental housing reconstruction projects was examined to ensure the economic and sustainable growth of public rental housing. The research found that the compensation for the accumulated deficit is needed. Also the research analyzed and identified the factors affecting the economic feasibility of reconstruction projects. The significant factors identified in this research are: the supply price of pre-sale/rental housing in the reconstruction project, total cost of the reconstruction project, and total floor area of the reconstruction project. According to the analysis results, it is necessary to increase the rent of existing long-term public rental housing, expand the government subsidy, increase the supply price of pre-sale/rental housing, and reduce the total project cost. However, there are limitations. For example, the fluctuations of construction market, residents' burden of housing costs, and the limit of the budget of the public housing authority. The increasing total Floor Area Ratio(FAR) limitation of the reconstruction project would be the realistic solution to the problem because it gives incentives to the reconstruction project.

• Transactions of the Korean hydrogen and new energy society
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• v.28 no.1
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• pp.47-55
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• 2017

This paper deals with the after-tax economic feasibility analysis of the hydrogen fueling station considering dynamic utilization. We selected an off-site hydrogen station in which the hydrogen is supplied by a central by-product hydrogen plant as a case study. Also, we made some sensitivity analysis by changing input factors such as the discount rate, the hydrogen station construction cost, the hydrogen demand and the hydrogen sale price. As a result, the hydrogen station will not be economical in 2020 due to the relatively high price of the hydrogen station construction cost and the low price of hydrogen sale price. In order to realize the economic feasibility of the hydrogen station in the early stage of the hydrogen economy, the subsidies on the annual operating cost as well as the construction cost are needed.

• The Transactions of the Korean Institute of Electrical Engineers A
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• v.54 no.8
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• pp.401-409
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• 2005

This paper describes a feasibility analysis result of STATCOM application for the Jeju-Haenam HVDC system. The Jeju-Haenam HVDC system is one of the typical HVDC system interconnected with the low short-circuit-ratio AC system, which is vulnerable to the commutation failure due to the AC voltage variation. STATCOM has been considered as an effective reactive-power compensator to increase short-circuit-ratio of the interconnected AC system. In this study, a simulation model of Jeju-Hacnam HVDC system with STATCOM was developed using PSCAD/EMTDC. The developed simulation model was utilized to analyze the dynamic performance analysis of Jeju-Haenam HVDC system with STATCOM. The analysis results show that STATCOM can improve the dynamic performance of Jeju-Haenam HVDC system, such as load-change recovery performance and fault recovery performance.

• Proceedings of the KIEE Conference
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• 2005.07a
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• pp.60-62
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• 2005

This paper describes a feasibility analysis result of STATCOM application for the Jeiu-Haenam HVDC system. The Jeju-Haenam HVDC system is one of the typical HVDC system interconnected with the low short-circuit-ratio AC system, which is vulnerable to the commutation failure due to the AC voltage variation. STATCOM has been considered as an effective reactive-power compensator to increase short-circuit-ratio of the interconnected AC system. In this study, a simulation model of Jeju-Haenam HVDC system with STATCOM was developed using PSCAD/EMTDC. The developed simulation model was utilized to analyze the dynamic performance analysis of Jeju-Haenam HVDC system with STATCOM. The analysis results show that STATCOM can improve the dynamic performance of Jeju-Haenam HVDC system, such as load-change recovery performance and fault recovery performance.

• Proceedings of the KIEE Conference
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• 2008.07a
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• pp.38-39
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• 2008

KEPCO conducted the project called the "Feasibility Study for the Han (Ghana) - Bobo Dioulasso (Burkina Faso) - Bamako (Mali) Interconnection Project" as its first African project. This paper deals with power system analysis and Transmission line and substation design of approximately 750 kilometers of the 225 kV single circuit transmission lines and six substations. The main contents of the power system analysis results and preliminary engineering design include power flow, transient stability, eigenvalue analysis, transmission line design, substation design and economic analysis.