• Journal of Energy Engineering
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• v.11 no.3
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• pp.210-215
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• 2002

In respect of global environment protection and efficient utilization of energy, co-generation systems, which have greatly higher efficiency than the other generations, have been developed and put to practical use. Assuming that the co-generation system would be operating in Park Hotel, this paper calculates the difference between the heat and electricity rates by the conventional method and the co-generation system, considers the cost of new investment and analyzes introduction economics based on the return on investment. The introduction is turned out to be recommendable, since the return of investment for co-gen oration equipment is about ten years when the co-generation profits in heat and electricity rate. Additionally, accounting for interest rate drop, improvement of environmental matters or electricity rate increase, it is shown to be even more economical.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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• v.16 no.4
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• pp.92-100
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• 2002

In respect of global environment protection and efficient utilization of energy, co-generation systems, which have greatly higher efficiency than the other generations, have been developed and put to practical use. Assuming that the co-generation system would be operating in H-Department of Kwang-ju city, this paper calculates the difference between the heat and electricity rates by the conventional method and the co-generation system considers the cost of new investment and analyzes introduction economics based on the return on investment. The introduction is turned out to be recommendable, since the return of investment for co-generation equipment is about five years when the co-generation profits in heat and electricity rate. Additionally, accounting for interest rate drop, improvement of environmental matters or electricity rate increase, it is shown to be even more economical.

• Journal of Advanced Marine Engineering and Technology
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• v.38 no.9
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• pp.1057-1063
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• 2014

Concerning $CO_2$ reduction from International Societies, lots of laboratories and relevant societies suggest many reports on how to reduce fuel consumption from their specific ways. Undoubtedly, cutting costs is the final desired destination for owner outcome, but many questions there are on the way yet: how is this measure working? how efficient is it? On what size of ship would it work best and be the most effective? etc. Fuel cost is one of the major cost elements for ship owners and/or operators. And by reducing fuel consumption owners and/or operators will reduce both their costs and the environmental impact from their ship. This paper is aim to address how the measures work for saving fuel consumption through improve propulsion efficiency, installation cost and benefit can be calculated easily in the return on investment for estimated one year operation, and finally their compatibility with other fuel saving measure devices.

• Korean Chemical Engineering Research
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• v.49 no.5
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• pp.639-643
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• 2011

Fry-drying of coal slurry is one of the upgrading low rank coal processes. It consists of slurry mixing, slurry dewatering, solvent recovery and briquetting. Cost estimation and economic feasibility are examined for the upgrading low rank coal process based on capacity of 1 million ton/yr. In case that investment costs are $100,000,000, discount rate is 12%, and service life is 20 years, the results of economic analysis are enough to satisfy the evaluation criteria of investment such as IRR, B/C ratio, NPV and discounted payback period. According to sensitivity analysis, investment value are very sensitive to raw material cost and product price. Since the bituminous coal price is currently soaring, it is expected that the investment value will increase more and more.

• Proceedings of the CALSEC Conference
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• 2003.09a
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• pp.300-306
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• 2003

① 대표적인 소기업 업종인 미용업은 기업형 미용실을 중심으로 IT기술을 활용하여 경영의 효율성, 고객서비스의 다각화, 고부가가치의 창출을 도모하고 있음. ② 미용업 시장의 변화와 함께 IT기업도 패키지 소프트웨어 서비스, ASP(Application Service Provider)서비스, 웹서비스 등의 다양한 형태를 통해 이러한 시장의 요구에 대응 ③ 저렴하고, 전문적이며, 고객요구에 대한 발빠른 대응의 가능한 미용업 특화 ASP 사업모델은 가장 경쟁력 있는 사업모델 ④ 미용실 종합관리 프로그램을 ASP형태로 제공하는 헤어짱은 '규모의 경제'에 도달함으로써 ASP사업모델의 약점인 '고정비용에 대한 대규모의 투자' '수익회수기간의 장기화'를 극복한 대표적인 소기업 ASP 서비스 브랜드(중략)

• Journal of the Korea Organic Resources Recycling Association
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• v.28 no.1
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• pp.83-95
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• 2020

The economic issue of the period of return versus investment has emerged to efficiently utilize the thermal energy of public resource recovery facilities using waste and private thermal source facilities using BIO-SRF. Accordingly, the optimum temperature and pressure facilities are required beyond the traditional designed, constructed and operated. In this study, we analyzed current energy output by different heat and pressure model in domestic facilities, and calculated the characteristics of green-house gas emission. In order to, utilize the thermal energy producing facilities using waste and biomass fuel more efficiently, it is temperature and pressure, which will lead to more lucrative investment and return as well.

• Resources Recycling
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• v.23 no.3
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• pp.3-12
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• 2014

This study aims at providing an economic assessment for incineration plants which recover heat during its incineration process. In this study, Life Cycle Cost(LCC) of incineration plants is performed based on each regression analysis formula for construction cost, operation cost, and heat generation in order to compare economic feasibility. The result shows that the incineration plant recovering waste heat while processing 80 tons of waste per day increases both initial investment and operation cost but this type of an incineration plant has economical predominance from the recovered waste heat over the one that does not recover heat when being operated for more than eleven years if the retrieved heat replaces the use of LNG. And its payback time reaches more than 19 years in case of selling heat and performing emission trading.

• Journal of the Korean Solar Energy Society
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• v.27 no.4
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• pp.175-182
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• 2007

Geothermal-energy has been getting popular as a natural energy source for green buildings these days. As a result Geothermal Source Heat Pump System (GSHPs) was being recognized effective alternative systems to conventional heating and cooling systems owing to their higher energy utilization efficiency. But GSHPs has not been popularized thereby the large amount of initial cost of the system and insufficiency of studies for economic estimation. Therefore GSHPs are being developed to make up for the weak points that are the large amount of initial cost of the system and much annual electricity consumption. In this paper, economic estimation was conducted by payback period method and it shows that the pay back period of Heat Storage Type GSHPs was calculated 6.8 years compared with the absorption Chiller-Heater system and 8.2 years compared with the Ice storage-Boiler system. Heat Storage Type GSHPs also has the lower annual source energy consumption than the conventional heating and cooling systems because of using nighttime electricity.

• Journal of Energy Engineering
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• v.10 no.4
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• pp.327-334
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• 2001

Heat is wasted by unconcern in industrial complex. This paper presented for using waste heat, which investigated step by step from searching waste heat to starting construction before and directly applied for the using waste heat in the actual site. Especially, using heat is assessed by investigation of heat supply and demand. Design of heat transportation system was made base on analysis of heat balance between demand and supply, which was analyzed by economical efficiency and property. Payback-period on investment was 1,909 years that was comparatively a short period of time in assessment.

• Proceedings of the SAREK Conference
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• 2009.06a
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• pp.1424-1428
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• 2009

The performance of a heat pump using river water as a heat source was compared with that of a conventional air-conditioner for cooling and a boiler system for heating. The heat pump system using river water considered the 1-stage cycle for cooling and the 2-stage cycle for heating. The COPs of the river water source heat pump were $0.5{\sim}1.1$ higher than those of the conventional system in the cooling season. The LCC of the river water source heat pump system was lower 13.5% and 32.4% than that of the conventional system I and II. In addition, when the initial cost ratios of the river water source heat pump system to the conventional system I and II were less than 1.2 and 1.4, respectively, an acceptable payback was found to be less than 5 years.