• Title/Summary/Keyword: Economic Cycle

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A Study on the Analysis of LCA tools for Eco-Building (친환경 건축물의 LCA 평가도구 비교분석 연구)

  • Son, Woo-Jin;Kang, Hae-Jin;Rhee, Eon-Ku
    • 한국태양에너지학회:학술대회논문집
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    • 2009.11a
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    • pp.394-399
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    • 2009
  • Since some decades ago, there has been a concern for resource depletion and environmental pollution associated with building properties. In addressing such impact of the built environment, there is a recognition of the existence of alternative building materials, fuels for energy supply as well as technologies for waste handling and disposal. Nevertheless, for long time, the choice between such alternatives was dictated by factors such as differences in prices and aesthetic values. A new important dimension in discriminating between different options is the environmental dimension. This aspect is important since buildings are one of the spatially big new additions to the natural environment that consume a lot of materials and energy during their long lifetime. Thus, with the environmental dimension kept in mind, a existing cost estimation needs to be changed. A new cost assessment method, Life Cycle Cost, should calculate overall costs with dimensional factors: investment and utility costs as well as maintenance costs over the lifetime of the building. Aiming to give an overview of the present status of Building Life Cycle Assessment(LCA) tools as a basis for further research and development including economic performance, this paper describes and compares 3 different tools for Life Cycle Assessment(LCA) and economic analysis of the green buildings. This paper compared these approaches based on various aspects. These include economic analysis method, evaluation duration, data of results(index). Use of the comparison analysis is to produce a better picture and indicate profits and shortcomings for the tools as a group; thus providing important direction improvement of LCA tool as well as further research and development of this group of tools.

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Fuel Cycle Cost Modeling for the Generation IV SFR at the Pre-Conceptual Design Stage

  • Kim, Seong-Ho;Moon, Kee-Hwan;Kim, Young-In
    • Proceedings of the Korean Radioactive Waste Society Conference
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    • 2009.11a
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    • pp.51-52
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    • 2009
  • Recently, several industrial countries using the fission energy have given attention to the Gen-IV SFR (sodium-cooled fast reactor) for achieving sustainable nuclear energy systems. In this context, an SFR is currently developed at the design concepts study stage in the Republic of Korea [Kim & Hahn 200909]. The sustainability of systems means economic, environment-friendly, proliferation-resistant, and safer systems. More specifically, this sustainability can be accomplished in terms of resource recycling and radioactive waste reduction. In the present work, the objective of fuel cycle cost modeling is to identify the impact of various conceptual options as a cost reduction measure for the Gen-IV SFR at the design concepts study stage. It facilitates the selection of several reasonable fuel cycle pathways for the future Gen-IV SFR from an economic viewpoint.

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A Research the Optimal Plant Life Cycle using Case Study (사례를 통한 최적 라이프 사이클에 관한 연구)

  • 심종칠;김창은;고용해
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.18 no.34
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    • pp.83-89
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    • 1995
  • We call as plant life cycle the process starting from plant plan, design to disuse by way of construction, operation, but the plant facility inside it comes to changes of cope with various inner factor like blazing phenomenon and outer factor according to economic state. On the presumption of these factors, the problem is brought about how plant should be managed, this study attempt to suggest the conservation management through economic evaluation in investment design and alternative, that is, methodology connecting that of economical efficiency evaluation based on LCC(Life Cycle Costing) thinking method and facility management with that of life prediction.

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The Economic Analysis on the Heating System Remodeling by the Life Cycle Costing in Permanent Rental Apartment (LCC 기법을 이용한 영구임대아파트 난방방식 리모델링에 대한 경제성분석 -유지관리비용을 중심으로-)

  • 박민용;장승재
    • Journal of the Korean housing association
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    • v.15 no.1
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    • pp.33-40
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    • 2004
  • Considering the present development situation of rental apartment since 1982, the supply of rental housing for low-income dwellers has contributed a amount of quantities, but has been deficient qualities in housing policy. To propose the device of remodeling for low-income dwellers in deteriorated apartment, this study investigated the energy consumption of central heating system and the characteristics of maintenance cost in permanent rental apartment. The results of evaluation of alternative heating systems by Life Cycle Costing in permanent rental apartment were as follows; From Life Cycle 15∼20 years by Present Worth Method, the economic heating system of remodeling is central heating system (heat source: B-C oil), unit heating system(natural gas), central heating system(natural gas) in order.

A Economic feasibility of HTS cable by estimating the Life-Cycle cost (Life-cycle 비용 산정을 통한 초전도케이블 경제성 검토)

  • Kim Jong Yul;Lee Seong Ryul;Yoon Jae Young
    • Proceedings of the KIEE Conference
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    • summer
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    • pp.424-426
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    • 2004
  • As power demand increases gradually, the call for underground transmission system increases. But it is very difficult and high in cost to construct new ducts and/or tunnels for power cables in metropolitan areas. HTS (High Temperature Superconducting) cable has the several useful characteristics such as increased power density, stronger fields and/or reduced losses. Therefore HTS cable can allow more power to be moved in existing ducts, which means very large economical and environmental benefits. In these days, companies world-wide have conducted researches on HTS cable. A development project for a 22.9kV class HTS cable is proceeding at a research center and university in Korea. In this paper, we investigate the expected price of HTS cable to have a merit in viewpoint of economic aspect. First, life-cycle cost of conventional cable is calculated and based on this, the expected price of HTS cable is evaluated, which HTS cable is competitive against conventional cable.

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A Study on the Resetting of Incremental Heat Rate Curve of Combined Cycle Unit by Combination (복합발전기 조합별 증분비 곡선 재설정에 관한 연구)

  • Hong, Sang-Beom;Choi, Jun-Ho
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.68 no.1
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    • pp.8-12
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    • 2019
  • Combined Cycle Unit(CC) generates the primary power from the Gas Turbine(GT) and supplies the remaining heat of the GT to the Steam Turbine(ST) to generate the secondary power from the ST. It plays a major role in terms of energy efficiency and Load Frequency Control(LFC). Incremental Heat Rate(IHR) curves of economic dispatch(ED) of CC is applied differently by GT/ST combination. But It is practically difficult because of performance test by all combinations. This paper suggests a reasonable method for estimating IHR curves for partial combinations(1:1~(N-1):1) using IHR curves when operating with GT alone(1:0) and with all(N:1) combinations of CC.

Economic Evaluation of HTS Transformer by Predicting Market Penetration Price (초전도변압기 시장진입가격 예측을 통한 경제성 분석)

  • 김종율;이승렬;윤재영
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.53 no.9
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    • pp.507-512
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    • 2004
  • HTS (High Temperature Superconducting) Transformer has the several useful characteristics in the viewpoints of technical and economical. Especially, an HTS transformer replaces the copper wire coils in a conventional transformer with lower loss HTS wire. In addition, inexpensive, environmentally benign liquid nitrogen replaces the conventional oil as the electrical insulation (dielectric) and provides the necessary cooling for the HTS transformer Therefore, the Life-cycle cost of an HTS transformer is much more attractive than conventional because it is more energy efficient, lighter in weight, smaller in size, and environmentally compliant. HTS transformer can be the best way to replace with conventional transformer in the future. In these days, companies world-wide have conducted researches on HTS transformer. A development project for a 154kV HTS transformer is proceeding at a research center and university in Korea. In this paper, we investigate the expected price of HTS transformer to have a merit in viewpoint of economic aspect. First, life-cycle cost of conventional transformer is calculated and based on this, the expected price of HTS transformer is evaluated. which HTS transformer is competitive against conventional transformer.

Life Cycle Assessment and Eco-efficiency Analysis for the Resource-circulation Network of Waste Heat Generated from Industrial Process (공정폐열의 자원순환 네트워크 구성을 위한 전과정 평가 및 생태효율성 분석)

  • Shin, Choon-Hwan;Park, Do-Hyun;Kim, Ji-Won
    • Journal of Environmental Science International
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    • v.22 no.3
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    • pp.281-289
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    • 2013
  • For the purpose of evaluating the eco-efficiency(EE) on surplus heat generated from industrial process, techniques of life cycle assessment are adopted in this study. Because it can be indicated both environmental impacts and economic benefits, EE is well known as a useful tool for symbiosis network on the sustainable development of new projects and businesses. To evaluate environmental impacts, the categories were divided into two areas of resource depletion and global warming potential. It can be seen that environmental impact increased a little but much higher economic benefit on the company, environmental performance and economic value were improved on the apartment by the district heating, respectively. In result, eco-industrial park(EIP) project on surplus heat should be found sustainable new business because the EE was in the area of fully positively eco-efficiency and, moreover resource depletion was taken place than the reduction of greenhouse gas.

The Economics Evaluation of Grid-connected Photovoltaic Systems in Residential Houses

  • Lee, Hyun-Seung;Kim, Sung-Bum;Shin, U-Cheul
    • KIEAE Journal
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    • v.15 no.6
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    • pp.5-10
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    • 2015
  • Purpose: To evaluate the economic performance of grid-connected photovoltaic system in residential house, household electricity bill policy of Korea Electric Power Corporation (KEPCO) must be applied precisely, and market tendency and uncertainty of system also need to be considered. In this study, to evaluate the economic feasibility of PV system, we measured PV power generation and electricity consumption of six of Green home in Daejeon through web based remote monitoring system. Method: We applied Monte-Carlo simulation based on life cycle cost analysis, to reflect an uncertainty of main factor in economic feasibility evaluation of photovoltaic system. Result: First, with deterministic analysis, the difference of NPV of cumulative financial savings among households varied from -3,310 ~ 24,170 thousand won, portraying notably big range. Also the possibility of getting the same result was 50% when applying uncertainty. Second, the higher electricity consumption is, the more economic feasibility of photovoltaic system increases because KEPCO uses progressive taxation in household electricity bill policy. Third, The contribution to variance of electricity price increases in NPV varied from 98.5% to 99.9%. While the inflation rate and annual degradation contributed very little to none.

Economic Growth, Crisis, and Recovery in Cameroon: A Literature Review

  • Tambi, Mbu Daniel
    • The Journal of Industrial Distribution & Business
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    • v.6 no.1
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    • pp.5-15
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    • 2015
  • Purpose - This study reviews Cameroon's economic growth, crisis, and recovery, aiming to: review the principal factors of Cameroon's real economic growth; explore the causes of its economic crisis analyze the determinants of its economic recovery; and suggest appropriate policies to ameliorate economic growth. Research design, data, and methodology - By reviewing the relevant literature and economic indicators, we observed that from the 1980s to the present, Cameroon experienced all the possible business cycle phases: economic prosperity (until 1985), economic and social crisis (1986-1994), and renewed economic growth (after 1995). Results - As a result of the economic changes in Cameroon, its macroeconomic indicators have evolved. Poverty and inequality have changed in both quantitative and qualitative terms. Throughout the examined period, rural poverty has become more widespread, deeper, and more severe than urban poverty, while inequality has experienced greater increases in urban areas relative to rural zones. Conclusions -To reap maximum benefits and reduce poverty from these economic changes, Cameroon needs to liberalize trade and foreign exchange transactions to attract foreign investment, especially during the current globalization.