• Title/Summary/Keyword: Economic assessment

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Economic Assessment of the Heat Recovery from Incineration Plants Based on Regression Analysis (회귀분석을 이용한 소각장의 소각열 회수 경제성 분석 연구)

  • Yoon, Jungmin;Son, Hyeongmin;Park, Dong Yoon;Chang, Seongju
    • 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.

Efficiency and Failing Firm Defenses in Merger Assessment: Economic Rationale and Policy Implications (기업결합 규제에서의 효율성 및 파산기업 항변: 경제적 논거와 정책적 함의)

  • Jin, Yangsoo
    • KDI Journal of Economic Policy
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    • v.35 no.1
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    • pp.103-135
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    • 2013
  • This paper provides consistent understanding between the economic rationale of the 'efficiency' and 'failing firm' defenses and the conditions that the defenses require in the merger assessment process, focusing on two main concepts, 'enhancing competition' and 'counterfactual'. This paper states that the economic rationale of the 'efficiency' defense rests on the effect of enhancing competition rather than on the improvement of efficiency itself. Regarding the 'failing firm' defense, the rationale is stated that competition would not deteriorate even when the merger proceeds compared to the counterfactual where it is prohibited. This understanding reflects not only recent international discussion but also the merger guidelines of advanced competition authorities. It also consistently explains the requirements of the defenses. Finally, this paper includes some comments on the Merger Review Guideline of Korea for its improvement based on various domestic merger cases.

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Development of an Economic Assessment Model for the Selection of Indoor Air Pollutant Low Emission Material for G-SEED (G-SEED용 실내공기 오염물질 저방출 자재 선정을 위한 경제성 평가 모델 개발)

  • Kwon, Seong-Min;Kim, Byung-Soo
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.41 no.3
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    • pp.289-296
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    • 2021
  • The Korean construction industry has been implementing G-SEED, a certification system that evaluates the environmental properties of buildings for the purpose of reducing environmental burdens such as energy and resource consumption and pollutant emissions. Also, creating a pleasant environment in general is one more purpose of G-SEED certification system. However, G-SEED certification in practice is difficult and time consuming due to the complexity of the certification acquisition process coupled with little economic consideration for the materials of each certification item. Therefore, in this study, we present a model for the optimal selection of materials and economic assessment using a genetic algorithm. The development of the model involves building a material database based on life-cycle costing (LCC) targeted at "Application of Indoor Air Pollutant Low Emission Material" from G-SEED. Next, the model was validated using a real non-residential building case study. The result shows an average cost reduction rate of 74.5 % compared with the existing cost. This model is expected to be used as an economically efficient tool in G-SEED.

The Economic Efficiency Assessment of Infrastructure considering Environmental Cost - A Case Study of Emergency Spillway for Korean Multipurpose Dam - (환경비용을 고려한 공공시설물의 환경경제성 평가 -국내 다목적댐 비상여수로 시설 사례연구 -)

  • Kwun, Suk-Hyun;Kim, Sang-Bum
    • Korean Journal of Construction Engineering and Management
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    • v.8 no.3
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    • pp.168-176
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    • 2007
  • This study aims to provide useful information when making a decision for the environmental and economic efficiency assessment of infrastructure, based on Life Cycle Assessment(LCA). It estimates environmental cost on environmental pollutants that are possible to happen by locations and by types of emergency spillway for korean multipurpose dam, which is selected as a study case. For this purpose, this study examines the theories of LCA and Contingent Valuation Method(CVM) and suggests an analysis model of environmental cost. To apply the suggested analysis model of environmental cost for infrastructure to the case study of emergency spillway at the multipurpose dam, this study calculates environmental load on environmental pollutants that generate during life cycle, converts it to a cost to predict environmental cost, evaluates environmental economy of emergency spillway by the estimated result, and draws the optimum alternative that is environmental-friendly and economic.

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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An engineering-based assessment methodology on the loss of residential buildings under wind hazard

  • Li, Mingxin;Wang, Guoxin
    • Wind and Structures
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    • v.30 no.1
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    • pp.1-13
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    • 2020
  • The loss prediction and assessment during extreme events such as wind hazards is always crucial for the group low-rise residential buildings. This paper analyses the effect of variation in building density on wind-induced loss for low-rise buildings and proposes a loss assessment method consequently. It is based on the damage matrices of the building envelope structures and the main load-bearing structure, which includes the influence factors such as structure type, preservation degree, building density, and interaction between different envelope components. Accordingly, based on field investigation and engineering experience, this study establishes a relevant building direct economic loss assessment model. Finally, the authors develop the Typhoon Disaster Management System to apply this loss assessment methodology to practice.

A Study on School Facilities Build Transfer Lease Project - Centering on the improvement of the assessment - (학교시설 임대형민자사업의 평가기준 개선연구)

  • Kwon, Byoung-Koo;Lee, Jae-Rim;Jo, Jin-Il
    • The Journal of Sustainable Design and Educational Environment Research
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    • v.7 no.2
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    • pp.30-46
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    • 2008
  • In this study, were prepared after statistical analysis was conducted of assessment items and marks distribution for the selection of executors of the BTL project. When tests of the degree of dispersion and degree of appropriateness for each assessment item were analyzed, it was found that the degree of dispersion among assessment points has the power of discrimination since it is highly marked in the design field and operation management field. In contrast, 'business management plan' and 'investment composition for economic quality assessment' have a low level of the power of discrimination since points given to them have smaller difference between business projects.

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VULNERABILITY ASSESSMENTS AND RISK MANAGEMENT FOR CRITICAL INFRASTRUCTURES FROM HOMELAND SECURITY VIEWPOINTS

  • Chun Nen Huang;Yao-Chen Kuo
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.292-301
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    • 2009
  • The employment of risk management theory in Urban Disaster Management System (UDMS) has become an important trend in recent years. The viewpoint of risk management is mainly a comprehensive risk assessment of various internal and external factors, and a subsequent handling of risks. Through continuous and systematic accumulation and analysis of risk information, disaster prevention and rescue system is established. Taking risk management theory as the foundation, Organization for Economic Cooperation and Development (OECD) has developed a series of UDMS in the mega-cities all over the world. With this system as a common platform, OECD cooperates with different cities to develop disaster prevention and rescue system consisting of vulnerability assessment methods, risk assessment and countermeasures. The paper refers to the urban disaster vulnerability assessment and risk management of OECD and the mega-cities of different advanced and developed countries in the world, and then constructs a preliminarily drafted structure for the vulnerability assessment methods and risk management mechanism in the metropolitan districts of Taiwan.

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