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http://dx.doi.org/10.5916/jkosme.2016.40.4.342

Economic analysis on the applications of shipboard LED luminaires  

Park, Seo-Jun (Department of Electrical and Electronics Engineering, Korea Maritime and Ocean University)
Byeon, Sung-Hwan (Department of Electrical and Electronics Engineering, Korea Maritime and Ocean University)
Kim, Sun-Jae (Department of Electrical and Electronics Engineering, Korea Maritime and Ocean University)
Park, Kyoung-Soo (Department of Electrical and Electronics Engineering, Korea Maritime and Ocean University)
Kil, Gyung-Suk (Department of Electronics Electrical and Information Engineering, Korea Maritime and Ocean University)
Abstract
This paper dealt with the economic analysis on the application of shipboard LED (Light Emitting Diode) luminaires to replace incandescent and fluorescent lamps, which account for over 80 % of light source on a training or naval vessel. The rates of savings achieved in the power consumption, initial investment, maintenance cost, and fuel cost were analyzed. The break-even points and the $CO_2$ emissions were also calculated. For the training vessel, the initial investment was increased by 3.8 times, while the maintenance cost over five years was reduced by 51 %. When 40 %, 50 %, and 60 % of luminaires were turned on, the calculated break-even points were 11 months, 9 months, and 7 months, respectively. On the other hand, the initial investment was increased by 3.5 times while the maintenance cost over five years was saved by 55 % for the naval vessel. The break-even points were calculated as 15 months, 12 months, and 10 months, respectively. Moreover, the $CO_2$ emissions of the training and the naval vessels were reduced by 69 % and 65 %, respectively. From the results, it was revealed that the maintenance cost can be reduced by more than 50 %, and that the power consumption, fuel cost, and $CO_2$ emissions can be reduced by more than 60 % if LED luminaires are used on two types of vessels.
Keywords
Economic analysis; Shipboard; LED; Training vessel; Naval vessel;
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Times Cited By KSCI : 3  (Citation Analysis)
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