• Title/Summary/Keyword: feasibility analysis

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Analysis of Micro Energy Building Operation (Micro Energy Building 운영사례 분석)

  • Choi, Hyeong-Jin;Park, Si-Sam;Na, Sang-Min
    • 한국신재생에너지학회:학술대회논문집
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    • 2011.11a
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    • pp.140.2-140.2
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    • 2011
  • Renewable energy(RE) systems have difficulties in operating and management due to the intermittency of the energy generation. Stochastic supply profiles of RE creates problems for mechanical and electrical design in relation to the selection of technology types and capacities of RE to be installed. This paper presents an methodology of the feasibility assessment of RE-integrated energy systems on the basis of hourly demand/supply analysis tools. Also, this paper shows the feasibility and the usefulness of GS REMA(Renewable Energy Matching Analysis) and HOMER by comparing actual energy data.

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Economic Analysis of Ecklonia cava Aquaculture Business (감태 양식사업의 경제성 분석)

  • Kang, Seok-Kyu
    • The Journal of Fisheries Business Administration
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    • v.44 no.2
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    • pp.69-81
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    • 2013
  • The purpose of this study is to examine the economic validity of Ecklonia cava aquaculture business for raising fishing people's revenue. The results of this study are summarized as follows: First, the production of Ecklonia cava is estimated about 251 ton or more in Jeju. Second, the distribution structure of Ecklonia cava is not established, but Ecklonia cava is traded much more through bio or processing corporation than through fisheries cooperative like other marine plants. Third, the price of Ecklonia cava should be at least 1,729 won per kilogram under 4.04% of capital cost for economic feasibility of Ecklonia cava aquaculture business. Finally, the results of sensitivity analysis show that there is economic feasibility of Ecklonia cava aquaculture business when the price of Ecklonia cava is more 2,500 won per kilogram and the capital cost is under 8.0%.

A Study on the Wind rower Generation and Its Economic Feasibility at Daekwanryung (대관령 풍력단지의 풍력발전량 및 경제성 분석)

  • Ha Jeong-woo;Kim Suduk
    • Journal of Energy Engineering
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    • v.14 no.2 s.42
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    • pp.123-132
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    • 2005
  • An economic feasibility study is performed for the wind power generation with the examination of the wind speed and its distribution at Daekwanryung at which a wind fm is under construction. In this analysis, the distribution of wind speed is the key issue. The wind distribution which is usually expressed in terms of Weibull distribution with shape factor and scale factor needs to be reexamined to find the proper values of them according to the empirical wind speed data. After this kind of analysis is done, annual power generation of wind is calculated. Due to the lack of cost information, we applied EWEA data instead or the actual information from the site. The result would be of use to determine the 'reference price' of wind power under the current system of 'compensating subsidy for renewable power generation'.

Feasibility Study of Forestry Project in Sarawak State, Malaysia

  • Woo, Heesung;Turner, Paul;Kang, Byongrho;Jang, Jaeyoung;Woo, Jongchoon
    • Journal of Forest and Environmental Science
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    • v.34 no.4
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    • pp.352-358
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    • 2018
  • This research paper investigates available options for implementing clean development mechanism (CDM) project in Sarawak state, Malaysia. To investigate economic feasibility, data was collected using survey and field research methods. Also, economic analysis was estimated using net present value (NPV), internal rate of return (IRR) and payback period (PBP) during the 30 years CDM: afforestation and reforestation periods. The result of economic analysis indicated that, the payback period was estimated at 9 years with 18 percent of internal rate of return (IRR). This study also highlighted that CDM biomass supply project have a lot of challenges due to the reduction and exclusion of bio-Solid Recovered Fuel (SRF), supply and demand scenario, and impact of restriction of illegal logging in Malaysia. This study results demonstrate the methodology and guideline for future CDM investment and projects.

The Economic Feasibility Analysis of Grow out Phase Production of Oyster Farming by Rising Water Temperature (기후변화로 인한 수온상승이 굴양식 본양성 생산방식의 경제성에 미치는 영향분석)

  • Choi, Jong Du;Choi, Young Jun
    • Ocean and Polar Research
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    • v.36 no.2
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    • pp.157-163
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    • 2014
  • This study analysed the economic feasibility per hectare of grow out phase production of Oyster farming by rising water temperature in Ocean. Elevated Water temperature by climate change had a bad influence for oyster production and economic feasibility. In the case of production units, the total output of oyster decreases from 213,840 to 205,594 units. Using cost-benefit analysis with discounting rates (5.5%), we estimated the net present value (NPV) and benefit cost ratio (BCR) until 2100 years. The model results showed that the NPV without water temperature rise was 1,565,619,893 won and the NPV with water temperature rise was 1,540,493,059 won. Also, BCR estimated that the former was 2.095 better than the latter was 2.077. To summarise, the economic effect per hectare of water temperature rise in ocean did the damage to the economic loss about 25,126,834 won.

Rubber bearing isolation for structures prone to earthquake - a cost effectiveness analysis

  • Islam, A.B.M. Saiful;Sodangi, Mahmoud
    • Earthquakes and Structures
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    • v.19 no.4
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    • pp.261-272
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    • 2020
  • Recent severe earthquakes in and around the vital public places worldwide indicate the severe vulnerability of ground excitation to be assailed. Reducing the effect of seismic lateral load in structural design is an important conception. Essentially, seismic isolation is required to shield the superstructure in such a way that the building superstructure would not move when the ground is shaking. This study explores the effectiveness, design, and practical feasibility of base isolation systems to reduce seismic demands on buildings of varying elevations. Thus, static and dynamic analyses were conducted based on site-specific bi-directional earthquakes for base-isolated as well as fixed-based buildings. Remarkably, it was discovered that isolators used in low-rise to high-rise structures tend to significantly decrease the structural responses of seismic prone buildings. The higher allowable horizontal displacement induces structural flexibility and ensure good structural health of the building stories. Reinforcement from vertical and horizontal members can be reduced in significant amounts for BI buildings. Thus, although incorporating base isolators increases the initial outlay, it considerably diminishes the total structural cost.

A Feasibility Study on the Outsourcing of Cataloging in the Libraries (목록 아웃소싱의 타당성 분석에 관한 연구)

  • Chung Hye-Kyung
    • Journal of the Korean Society for Library and Information Science
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    • v.39 no.2
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    • pp.35-55
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    • 2005
  • This study attempts feasibility analysis of cataloging outsourcing. The economic analysis model based on information economics categorizes the benefit into direct benefit and value linking. We measure direct benefit by cost savings and cost avoidance, value linking by the degree of improvement in cataloging quality The results show that there is no feasibility overall, because librarians spent more time to control the quality due to vendor's lack of professionalism, resulting little effect on cost savings. When cataloging outsourcing is forcibly used under the economically infeasible condition, it is impossible to achieve the basic purpose of operating cost savings and improvement of service function.

Analysis of the Economic Feasibility of a Monorail on Mt. Bomun on Daejeon (신교통수단 모노레일의 관광지 도입에 대한 경제적 타당성 분석 -보문산 일대를 중심으로-)

  • Kim, Myungsoo
    • Journal of the Korean Society for Railway
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    • v.16 no.3
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    • pp.226-232
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    • 2013
  • Recently, CO2 reduction policies are being promoted as parts of ESSD(Environmentally Sound and Sustainable Development), and many local governments are interested in monorails as a new means of transport. Here we report on a feasibility study for introducing a monorail system by considering the travel demands in the Mt. Bomun area in Daejeon, based on the area's population. The feasibility of a monorail system on Mt.Bomun varies with respect to the demographic scale, mode shares, and operational distances. The strategies introduced here will help identify any tourist spots where local governments are trying to introduce monorail systems as a new system of transit.

Engineering design procedure for gas turbine combined cycle power plant with post-combustion CO2 capture (CO2 포집을 고려한 가스터빈 복합화력 발전 플랜트의 시스템 대안 평가를 위한 공학 설계)

  • Lee, Soohyeon;Choi, Sangmin
    • 한국연소학회:학술대회논문집
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    • 2014.11a
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    • pp.333-335
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    • 2014
  • As the user demand for power plants becomes various, design objective becomes complicated. To review the system feasibility, system objective and evaluation criteria need to be newly defined. In this study, engineering design procedure of the multi-purpose power plant, such as barge-mounted combined cycle power plant with $CO_2$ capture, was shown as a previous work for the feasibility review of the system alternatives. For the system design, heat and mass balance for each system configuration was firstly performed. Using the thermal analysis results, conceptual design of system alternatives was carried out. And then, preliminary design of the major equipment was done. The engineering calculation results of this study would be used as the evaluation data for system feasibility review.

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Study on the Feasibility Test of Renewable Energy Systems for Schools (학교 건물의 신재생에너지 적용을 위한 수요/공급 분석 및 평가에 관한 연구)

  • Nam, Hyun-Jin;Park, Eun-Mi;Pae, Min-Ho;Kim, Jae-Min;Park, Hyo-Soon
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.22 no.4
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    • pp.197-204
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    • 2010
  • Schools are one of the most suitable buildings for renewable energy systems because they have favourable demand profiles for renewable energy system (e.g. solar thermal collector, photovoltaic panels), modular-based building plan and large open spaces (e.g. play ground, gardens, roof) for the installation. This paper presents a methodology of the feasibility test for renewable energy systems to be installed at schools. The methodology is based on the analysis of the demand/supply profiles dynamic matching. a case study is also presented to test the applicability of the proposed assessment methodology.