• Title/Summary/Keyword: Economic Systems

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The comparison of the economic feasibility of small scale decentralized power supply systems in Korea (국내 주택용 전기사용자의 분산전원 설치 경제성 비교)

  • Han, Youri;Kim, Kilsin
    • 한국신재생에너지학회:학술대회논문집
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    • 2011.05a
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    • pp.139.2-139.2
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    • 2011
  • Compared with a traditional power system of electricity providers, distributed power systems consist of power suppliers which are small and demand-oriented. Each small power supplier tends to utilizes renewable energy sources such as solar and wind power. It is because that home renewable energy systems do not need a large scale infrastructure which is required for traditional power plants. In this work we study an economic feasibility of such a renewable energy source. We describe how renewable power generation works and what it brings in terms of economic benefits. Also, we analyze limitations by the current policy and their possible solutions.

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Economic Evaluation of LED Luminaires for Tunnel Interior Zones

  • Cho, Sook-Hyun;Kim, Hoon
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.27 no.11
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    • pp.7-13
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    • 2013
  • There has been a need for the systematic evaluation of the economic efficiency between conventional fluorescent lamp lighting systems that have been used in tunnels and LED lighting systems. This study has evaluated basic tunnel lighting between the conventional fluorescent lighting systems and the LED lighting system using the evaluation tool of tunnel lighting by Life Cycle Cost (LCC) and using the economic efficiency evaluation method. In addition, the unit discount rate of the LED lighting system and the estimated increase in the price of electricity have made the estimated cost of LCC the same if two luminaires were used in the basic part of the tunnel.

Analysis of the Economic Impacts for KF-X Production Project (KF-X 양산 사업의 경제적 파급효과 분석)

  • Seol, Hyeonju
    • Journal of the Korean Society of Systems Engineering
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    • v.9 no.2
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    • pp.55-68
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    • 2013
  • This study aims to analyze how much KF-X production impacts on national economy by measuring economic spread effect based on inter-industry analysis. In order to evaluate the economic impact of KF-X production, we used input-output table of year 2007 of Korea. The results shows that KF-X production induces the production of 3,129 billon won and the value added of 1,206 billon won respectively. Also there are the creation of about 13,208 employment in the industry. The results from this study can be used as a basis for the further research on whether or not KF-X production could be processed.

A System Dynamics Approach to Assessing Regional Disparity from Competitions of Online Shopping Malls (지역과 수도권 쇼핑몰 간 경쟁분석을 통한 지역격차 연구)

  • 연승준;김상욱;황주성
    • Korean System Dynamics Review
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    • v.2 no.1
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    • pp.5-28
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    • 2001
  • The advent of Electronic Commerce is raising two hypothetical questions conflicting each other in economic point of view. The one is that cyberspace will eventually resolve the problem of economic disparity by presenting equal opportunities to local companies through the removal of barriers in terms of time and space. The other is that the problem of economic disparity will be amplified by the vicious cycle of reproduction on an enlarged scale residing in the new rules of digital economy. As an initial attempt to tackle the questions listed above, by introducing systems thinking and adopting the systems dynamics simulation technique this paper puts an effort to find some tentative answers to the questions possibly raised about the impact of electronic commerce on local economy on which little research has been conducted so far. The general scheme for the dynamism of systems where two groups of electronic malls compete each other and the findings presented in the paper would perhaps provide some ideas and directions for further study.

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A Study of about the Influence of House Price on Housing Financial Environment -The Case of Seoul Metropolitan Area- (주택 금융환경이 주택가격에 미치는 영향에 관한 연구 -수도권을 중심으로-)

  • Kim, Young-Sun
    • Management & Information Systems Review
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    • v.25
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    • pp.321-337
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    • 2008
  • The house price rise suddenly is not only Economic stability but economic, mental state of a heavy burden to people. This paper is a house finance environment analyzed in this research about the rise factor of the house price and the result to present the plan to the natural disposition. The financial institute has an influence on the disguised demand extension of the house and The mortgage Lending in commercial Banks with the earnings as the stability high than the industry loaning. A house finance environment changes and will go from economic factor of the variety of the life style, the housing conditional according to the income level, a children education condition, and the population structure many this little. The disposition of the house need changes according to this and will have an influence on the house price. Necessary for a house market environment house policy of the market need which the consistency reflects so that we are suitable and is desired.

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A Study on the Sustainable Development of Pusan Metropolitan City by the EMERGY Evaluation (EMERGY 평가에 의한 부산광역시의 지속적인 발전가능성 평가)

  • Son, Ji-Ho;Lee, Suk-Mo
    • Journal of Environmental Science International
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    • v.9 no.3
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    • pp.185-191
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    • 2000
  • Sustainable development has been the key concept, both in economic policies and in environmental management since 1970s. In the view of systems ecology, sustainable resource use strategies are considered to be essential in achieving sustainable development. During the last three decades, the discipline of systems ecology has applied ecological energetic analysis to the evaluation of the contribution of natural environments to economic systems. ENERGY analysis of main energy flows driving the economy of humans and life support systems of a city was made including environmental energies, fuel, and inputs, all expressed as solar emjoules. Total EMERGY use of Pusan was 3.89 E22 sej/yr, about 90 percent of it was purchased sources from outside during eleven years from 1985 to 1995. EMERGY flows from the environment were less than 10 percent. EMERGY yield ratio and environmental loading ratio were 1.10 and 10.45, respectively. EMERGY sustainability index is there(ore less than one, which is indicative of highly developed consumer oriented economies. Development of a city has been achieved in the short run by the economic growth, but it can be sustained in the long run by the use of renewable resource systems.

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Economic Analysis of Heat Pump System in Educational Building -Focused on the High School of Twenty Four Classes- (교육용 건축물의 히트펌프 냉난방시스템에 대한 경제성 분석 -24학급 규모의 고등학교를 중심으로-)

  • Park, Ryul;Park, Min-Yong;Kim, Jong-Min
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.15 no.10
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    • pp.879-887
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    • 2003
  • Buildings with heating and cooling systems have been increased, since the requirement of thermal comfort for residents is grown. Heating and cooling systems, have been changed from two separate systems to one multi-function system which includes both heating and cooling. Especially, heat pump heating and cooling system has been adopted for general classrooms in schools since education environment improvement project has been launched. This research suggests the best option for the heat pump heating and cooling system in educational buildings through economic assessments for four alternative systems based on electric heat pump (EHP) and gas engine driven heat pump (GHP), which are most widely used for elementary, middle and high schools. The model buildings are in the Y high school which has 24 classes of new construction building, which will be built soon. Annual energy consumption for alternative systems uses BECS 3.10, which can be used for system simulation.

Evaluation of Korea`s Sustainable Development by the System Ecology(I)-EMERGY Analysis of Korea`s Natural Environment and Economic Activity- (시스템 생태학적 접근법에 의한 한국의 지속적인 발전가능성 평가(I)-한국의 자연환경과 경제활동에 대한 EMERGY 평가-)

  • 이석모;손지호;강대석
    • Journal of Environmental Science International
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    • v.9 no.6
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    • pp.449-454
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    • 2000
  • Sustainable development has been the key concept, both in economic policies and in environmental management. On the basis of an systems ecology perspective, this suggests the sustainable development of Korea\`s natural environment and economic activity using the EMERGY evaluation. The total EMERGY use(7,730E20sej/yr) in Korea is 81 percent from imported sources, fuels and goods and services. The ratio of outside investment to attracting natural resources is already large, like other industrialized countries. Continued availability of purchased inputs at a favorable balance of EMERGY trade, currently about 2.85 to 1 net EMERGY, tis the basis for present economic activity and must decrease as the net EMERGY of purchased inputs including fossil fuels goes down. EMERGY yield ratio and environmental loading ratio were 1.23 and 20.30, respectively. The population level is already in excess of carrying capacity. Its carrying capacity for steady state on its renewable sources is only 2.2 million people, compared to 45.9 million in 1977. EMERGY sustainability index is therefore less than one, which is indicative of highly developed consumer oriented economies. Until now the development of a country has been achieved by the economic growth, but it can be sustained in the long run by the use of renewable resource systems. the efficiency of energy usage, and the transformation of the social-economic structure based on an ecological-recycling concept.

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Efficient Lambda Logic Based Optimisation Procedure to Solve the Large Scale Generator Constrained Economic Dispatch Problem

  • Adhinarayanan, T.;Sydulu, M.
    • Journal of Electrical Engineering and Technology
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    • v.4 no.3
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    • pp.301-309
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    • 2009
  • A simple and efficient Lambda logic (${\lambda}-logic$) based algorithm is proposed for the solution of the generator constrained economic dispatch problem when the generating units having prohibited zones. The proposed method solves the economic dispatch (ED) problem that takes into account ramprate limits, transmission losses and prohibited operating zones in the power system operation. The proposed method uses a simple heuristic rule based on average power of prohibited operating zones which produces the feasibility of solution for the restricted operating units. The effectiveness of the algorithm is tested on five different test systems and the performance compared with other relevant methods reported in the literature. In all the cases, the proposed algorithm performs better than the previous existing algorithms with a less computational burden.

A Framework to Estimate GDP Loss due to Extreme Water-related Disaster in Kangwon-do

  • Kang, Sang-Hyeok
    • Journal of the Korean Society of Hazard Mitigation
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    • v.7 no.5
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    • pp.159-166
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    • 2007
  • Large scale flood disasters bring human losses and properties, which lead to the decrease of our productive value and change social environment. Human loss and economic damage are considered to be the same system but they are viewed as separated systems. The total amount of human loss can be represented as the total amount of economic damage estimated in the frame of social system while it will be possible to make mutual changing by clearing the relations between social and economic systems. In this regard, an attempt to estimate economic loss considering per capita Gross Domestic Production (GDP) caused by flood-related mortality was carried out to the typhoon Rusa of 2002 in Kangwon-do. The proposed method tried to capture quantitative factors which are affecting the loss of per capita GDP. The approach has great importance not only to set up governmental policy but also methodological progress in the research due to impact of disaster-related mortality on GDP loss.