• Korean Journal of Air-Conditioning and Refrigeration Engineering
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• v.24 no.9
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• pp.657-662
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• 2012

The cogeneration system can operate at efficiencies greater than those achieved when heat and power are produced in separate. The optimal system can be determined by selecting the auxiliary system combined with cogeneration system. In the present study, economic investigation has been conducted with the cogeneration electric heat pump(EHP) system and the cogeneration absorption chiller(AC) system to install in a school dormitory. To analyze life cycle cost(LCC), cost items such as initial investment costs, annual energy costs and maintenance costs of each system have been considered. The initial investment cost is referred to the basis of estimated costs, and annual energy costs such as the electric power and gas consumption are based on the data in a school dormitory. LCC is evaluated with the present worth method. Considering investigated results, the initial investment cost of the cogeneration EHP system is more profitable about 24% than that of the cogeneration AC system. The energy cost of the cogeneration EHP system is more profitable about 8% than the cogeneration AC system. The LCC shows that the cogeneration EHP system is the most effective system in the school dormitory.

• Journal of the Korean Society for Geothermal and Hydrothermal Energy
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• v.10 no.2
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• pp.19-23
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• 2014

In the capital of Mongolia where the air quality is getting worse due to the coal consumption used for electricity generation and district heating, the application of geothermal systems in the housing sector is recently designed for high class resort. In this study, the case of applying a geothermal system in a house in Mongolia is examined. The effects of passive house design on the needed heat pump capacity, as well as the annual energy consumption are analyzed. Moreover, as the initial costs, except labor fee, are assumed similar to Korea, cost analysis for several cases is examined, too. From the results, if a house is designed according to passive house standard instead of ASHRAE standard, the heat pump capacity can be expected to be reduced from 16 to 5~6 RT. Furthermore, although the initial cost of architectural cost might increased by 29 M\, the total initial cost is reduced by 14 M\, while the annual energy consumption is reduced by 14%. This is mainly driven by the fact that the geothermal system which serves as the main system to cover the building needs, with a high initial cost for fulfilling the peak requirements.

• 한국신재생에너지학회:학술대회논문집
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• 2010.11a
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• pp.177.1-177.1
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• 2010

Large offshore wind farms have actively been developed in order to meet the needs for wind energy since the land-based wind farms have almost been fully developed especially in Europe. The key problem for the construction of offshore wind farms may be on the high cost of energy compared to land-based ones. NREL (National Renewable Energy Laboratory) has developed a spreadsheet-based tool to estimate the cost of wind-generated electricity from both land-based and offshore wind turbines. Component formulas for various kinds and scales of wind turbines were made using available field data. Annual energy production has been estimated based on the Weibull probability distributions of wind. In this paper, this NREL estimation model is introduced and applied to the offshore wind turbines now under designing or in production in Korea, and the result is discussed.

• Korean Journal of Air-Conditioning and Refrigeration Engineering
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• v.18 no.12
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• pp.992-998
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• 2006

This study is to optimize design parameters for waste heat recovery boiler with water tube and three drum. The design optimization considered here is to find the most economic dimension of the boiler considered which results in a minimum cost in producing a unit amount of steam per given period of operation. For this purpose, optimize design have to determine what are the main parameters of affecting the total cost of producing a unit amount of steam which is comprised of manufacturing cost of the boiler, operating cost of the fan etc.

• Journal of the Korean Solar Energy Society
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• v.25 no.4
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• pp.53-60
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• 2005

The purpose of this study is to improve energy efficiency of windows in office buildings through the evaluation of their heating, cooling and illumination load. Energy efficiency is influenced by window size which is determined at the early stage of building design. The process of this study is as follows. First, energy performance is analysed according to the various rates of windows through computer simulation (ECOTECT). Then, the annual heating, cooling and illuminating loads according to the different window sizes are compared one another. Results indicated that the optimal window size considering energy efficiency is 50% of the surface area. When the window size is 50% of the surface area, annual maintenance expense is also smallest. Since the cost of cooling is larger than that of heating, too low indoor air temperature in summer is unfavorable based on the reasonable annual maintenance expenses.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2013.11a
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• pp.42-43
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• 2013

Nowadays, Precast Concrete is adopted on most of construction, because of shortening construction period and good quality. In precast concrete, steam curing is necessary for getting proper strength, but it causes much CO₂ and economc. Therefore, on this study, by using type III cement and hardening accelerator, early compressive strength was shown 13MPa for 6hr. From the result, removal form could be shorten. Furthermore, annual CO₂ was reduced as much as 24% and also annual cost was decreased as much as 12%.

• Corrosion Science and Technology
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• v.7 no.5
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• pp.259-264
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• 2008

A national consultative project entitled "corrosion cost survey in China and preventive strategies" was funded by the Chinese Academy of Engineering in 1998. Soon afterwards, an expert group was organized jointly by the Institute of Metal Research, CAS and Chinese Society of Corrosion and Protection. The report on corrosion cost survey in China was published in 2003. According to this report the overall annual corrosion cost in China estimated by the Uhlig Method and Hoar Method at 1997-2001 was found to be 200.7 billion Yuan RMB and 228.8 billion Yuan RMB respectively, which is equivalent to 2% of the gross national product of China. However the total cost of corrosion including the direct and indirect cost was estimated to be more than 500 billion Yuan RMB per year in China. Among them, corrosion cost of infrastructure ranked in first comparing with other sectors. Although corrosion costs in some sectors, such as electric power, petrochemical, oil pipeline and railway in China has reduced in the past years, significant losses are still being encountered in most sectors of industries and cost-effective methods have not always been implemented. Both successful and unsuccessful cases in corrosion control and corrosion management were collected. As the investment in capital construction continues increasing rapidly in China, the maintenance and life extension of the infrastructures will become a big issue. The preventive strategies have been suggested

• Journal of the Korea Institute of Military Science and Technology
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• v.15 no.5
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• pp.565-576
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• 2012

Cost estimates are necessary for government acquisition program to support decisions about funding, to develop annual budget requests and to validate resource requirements at key decision points. Many researches have been done about cost estimating technique recently. Parametric cost estimating models based on CERs(Cost Estimating Relationships) have been mainly used using regression method with historical data. However, there are many restrictions in developing Korean version CERs because the number of data points are too small. Specially, data collection and data management system are unstable in Korean defense environment, when developing CERs. In this research, we analyzed the historical data, and found some cost drivers in guided weapon system area. We developed the Acquisition Unit Cost CER using the regression to remove multicollinearity in the historical data. So we could overcome the restriction of the insufficient sample number. This research as a first attempt is meaningful in terms of obtaining our own Acquisition Unit Cost CER using historical cost and physical characteristic in Korean development environment.

• Journal of Animal Environmental Science
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• v.17 no.sup
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• pp.61-68
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• 2011

To assess the total cost with all stages of facilities, the feasibility of Life Cycle Cost (LCC) analysis was examined in this study to estimate the livestock manure treatment system and optimal decision making process. For the economic evaluation, the plant/equipment investment and annual operation cost of four Public Livestock Recycling Facilities, whose treatment capacity is 100 ton piggery manure per day, was compared. The initial cost was in the range of 2,699 million won to 3,202 million won, where T and E methods were highest and lowest, respectively. The annual operation cost was in the level of 378 million to 498 million won, which decreased in the following order : T method > J method > E method > B method. For the LCC analysis, 4.7% of interest rate, 3.13% of inflation rate, and 1.52% of net discount rate was considered by the data received from Bank of Korea and Statics Korea in the period of 2000 to 2009. Also, for the calculation of present value factor, the durable years of civil engineering & construction, machinery and electric instrument was 30 years, 10 years and 15 years, respectively. Based on these consideration, operation cost was in the range of 17,570 won/ton to 20,661 won/ton, and E method (17,570 won/ton) was economical and B method (20,661 won/ton) was non-economical. Though initial cost of T method was higher than that of B method, LCC analysis of T method was lower than that of T method due to the lower operation cost. Therefore, LCC analysis, which considers both initial cost and operation cost, is more reasonable evaluation method than either initial cost or annual operation cost. For the change of LCC analysis according to the uncertainty, the sensitivity analysis was carried out using fluctuation magnitude of discount rate in the period of 2000 to 2009. As a result, LCC analysis evaluated by discount rate was stable for the uncertain factors since the cost leadership did not change even though the sensitivity analysis varied. In summary, the economic evaluation using LCC analysis could be an efficient reference to choose the suitable livestock manure treatment plants. Furthermore, standardization of statement calculation for the actual cost analysis should be conducted and more detailed study is necessary to validate this summary. Therefore, the application of comprehensive technology evaluation, which considers LCC analysis, should contribute in obtaining objectivity and enhancing reliability for the 'Evaluation of Livestock Manure Treatment System and its Technology'.

• Proceeding of Spring/Autumn Annual Conference of KHA
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• 2011.04a
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• pp.172-175
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• 2011

Financial supports for housing for the disabled is limited since a certain amount of budget needs to be distributed for a number of disabled families. Therefore, it is important to fund renovation for the disabled effectively and properly. Financial and administrative supports for the renovation which intended to improve housing conditions in terms of accessibility (barrier free) and comfort needs to be implemented with larger outcome and smaller budget. The purpose of this study was to investigate various factor such as renovation cost and renovation elements, influence satisfaction of residents with disabilities. Participants of this study are limited to the recipients of financial supports for housing renovation and refurbishment from City of Seoul and Ministry of Heal and Welfare. A total of 155 cases were analyzed using post occupancy survey and analysis of project cost data. Overall, more cost were used for modification for housing condition improvement than the cost for removal of architectural barriers. Renovation cost differences were not apparent among the type and extent of an individual's disabilities. Instead existing housing type and physical condition for the housing affects cost for renovation more significantly. Overall the renovation cost is positively related to resident's satisfaction using regression analysis.