• Journal of the Korean Regional Science Association
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• v.33 no.3
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• pp.49-59
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• 2017

The piezoelectric energy harvester is recently being developed and catching on as a way to achieve low carbon green growth. The practical application of the piezoelectric energy harvester is expected to contribute not only to the reduction of greenhouse gas emissions but also to the improvement of residents' welfare. This paper conducted a cost-benefit analysis for the installation of piezoelectric energy harvester on the highway focusing on its impacts on the public. The results showed that the installation of piezoelectric energy harvester on the gyeongbu highway is economically feasible in that it could increase the social welfare for the residents. Finally, this paper suggests policy direction for the practical use of the piezoelectric energy harvester, based on the results obtained.

• 한국신재생에너지학회:학술대회논문집
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• 2011.05a
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• pp.109.1-109.1
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• 2011

KEPCO was operating power plants with diesel generators in 49 islands including Baekryeong-Do, and the generation capacity was about 66 MW in 2008. The cost of fuel is increasing by the international oil price inflation and continuous rise of oil price is predicted. For the stabilizing of electric power supply to the separate islands, renewable energy and fuel cell systems were considered. Hydrogen is made using renewable energy such as wind power and solar energy, and then a fuel cell system generates electricity with the stored hydrogen. Though the system efficiency is low, it is treated as the only way to secure the stable electric supply using renewable energy at this present. The analytic hierarchy process was used to select suitable candidate island for the system installation and 5 islands including Ulleung-Do were selected. Economic evaluation for the system composed of a kerosene generator, a wind power, an electrolysis, and a fuel cell system was conducted with levelized generation cost based on present value methode. As the result, the necessity of renewable energy combined generation system and micro grid composition in the candidated islands was confirmed. Henceforth, the development of an integration technology which connects micro grid to the total power grid will be needed.

• Korean Journal of Air-Conditioning and Refrigeration Engineering
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• v.13 no.4
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• pp.279-288
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• 2001

This paper is to derive energy retrofit strategies through energy audit and analysis for a selected small-to-medium office building located in Seoul, Korea,. To activate ESCO business in Korea, our final goal is to develope a simple and adequate energy retrofit procedure through computer simulation. Calibration process was fairly successful eve without the aid of tough field measurement. In terms of annual energy consumption, the percent difference between the predicted and the monitored values were within a reasonable tolerance of $\pm10$%. Based on the calibrated baseline model and the systematic investigation of target building, retrofit measures were suggested with two categories such as architectural side and equipment side. Both selected parametric and interactive retrofit measure simulations resulted in various energy saving quantities and cost, thus the priority among the measures were made. If we were to select the more realistic and reasonable retrofit measure in future, economic estimate were should be practiced with the life cycle cost analysis.

• Journal of the Architectural Institute of Korea Planning & Design
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• v.34 no.11
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• pp.13-22
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• 2018

At the time when zero energy building is expected to be generalized, this study examines whether the investment in the passive element or the active element is more effective in terms of energy in the construction process of zero energy building. In other words, the effect of energy demand by passive element and the change of energy generation by active element are examined in terms of the same investment cost. The purpose of this study is to examine the change of energy demand by passive element and the change of energy generation by active element in zero energy building and to make reasonable investment decision by comparing energy with cost aspect. For this purpose, we selected the buildings to be subjected to energy simulation and derive the required energy amount and energy generation amount by using meteorological data of four regions in Korea. The change of energy demand and energy generation according to the change of application condition was derived. In order to compare and analyze the changes in energy demand and generation at the same cost standard through price survey and quotation of window and photovoltaic power generation equipment.

• Korean Journal of Organic Agriculture
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• v.21 no.3
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• pp.335-350
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• 2013

With the efforts to development of renewable energy technologies, and increasing awareness to environmental issues, the usage of wood pallets has been increasing every year since the introduction of wood pallet technology to the domestic market. until 2009, majority usage of pellet boiler was in the residential houses. In an effort to increase the distribution of wood pellet boiler to cultivation facilities with high usage of fuels, The Ministry of Agriculture and Forestry has launched a distribution project of wood pellet boiler for fuel usage as a part of the agricultural and fishery energy efficiency projects. Although only small number of farms with a heat-culturing facility have replaced from conventional boiler to pellet boiler. Although part of reason for low usage of pallet boiler is lack of understanding and information of it, the main reasons are high initial cost and uncertainty of its cost efficiency. Also, most people from agricultural industry don't realize it's significance in terms of environmental benefit due to lack of understanding in 'resource circulation' and 'adopting to climate change'. In this study, first, we did a cost-efficiency analysis of the farm which uses a diesel boiler to grow cucumber, tomato, paprika. Then we replaced the diesel boiler to a pallet boiler and measured its cost-efficiency again. By comparing the cost-efficiency of the diesel boiler with the pellet boiler, we analyzed the economic viability of pellet boiler. Then we analyzed viability of pallet boiler usage in terms of 'resource circulation' and 'adopting to climate change'. As a result of our analysis, we have found out that under the current system of government support, the energy usage varies depends of the types crops grown and the higher the energy use, the more cost efficient it is to use the pallet boiler. Also, it is economically viable to use the pallet boiler in terms of 'resource circulation' and 'adopting to climate change'.

• Journal of Energy Engineering
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• v.29 no.2
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• pp.40-60
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• 2020

When various kinds of products are produced from a single energy system, the methodology which allocates the common cost to each product cost is very important because it is directly related with the profit and loss of producer and purchaser. In the cost allocation methodology of electricity and heat for CHP, there are heat method, work method, benefit distribution method, exergy method, and so on. Benefit distribution method is the most widely known worldwide, and exergy method is widely recognized among thermal engineers. As a result of review, it is judged that the rationality of benefit distribution method is low because the result deviates from common sense, and the rationality of exergy method is high because the result consistent with common sense. In accounting, it is calculated as merit methodology and the result is used for negotiations between producer and buyer, but In thermal engineering, the rationality of exergy methodology is described only as a thesis. The purpose of this study is to compare and examine the rationality of merit methodology and exergy methodology, and the aim is to describe in detail in order that producer and buyer can understand the rationality of each methodology.

• Journal of the Korean Home Economics Association
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• v.44 no.8
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• pp.79-87
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• 2006

The purpose of this study was to estimate the minimum monthly food cost for the low income population. The food consumption data of 9,311 individuals from the 2001 Korean National Health and Nutrition Survey was used. The monthly food cost was calculated using the Consumer Food Price Database for the year 2001 provided by the Public Health Nutrition Laboratory, Seoul National University. The low income population (n = 1,310) was characterized as older age, lower income, smaller family size, lower education level, and lower energy intake as compared with the total population (n = 8,001). The estimated food cost showed that men in the low income population needed 15% more money for purchasing food to maintain the energy intake level at the average energy intake level of men in the total population. It was also estimated that women in the low income population needed 9% more money for purchasing food to maintain the energy intake level at the average energy intake level of women in the total population. There were differences in monthly food costs depending on the sex and age, and family size. The results of this study could be used as basic information to establish minimum food cost for the low income population in Korea.

• Solar Energy
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• v.10 no.1
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• pp.63-79
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• 1990

It has been recognized that a policy for supplying solar house and hot water production systems utilizing solar energy needs to be driven to save civilian comsuming energy or to develop alternative energy. However, the economic feasibility study of solar energy systems must be carried out before their practical use. The purpose of this study is to furnish information for supplying policy and enlightening users with the economic feasibility study of solar house and hot water production systems. Decision support systems are established to carry out economic analysis on solar systems more accurately. Therefore, computer simulation is carried out to analyze the performance of solar systems and also economic feasibility study by trial and error method is carried out. Fuel cost and additional cost for solar systems are estimated employing present worth concept and economic analysis has been conducted using the break-even point analysis method and life-cycle cost analysis method.

• New & Renewable Energy
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• v.18 no.3
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• pp.43-59
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• 2022

The green premium is the most important feature of Korea's RE100 system. Green premium has three characteristics. The first, the cost of implementation is lower than that of other means of implementation. The second, it is linked with the RPS system to keep the means of implementing the green premium low. Third, the funds raised by the green premium are used to supply renewable energy to compensate for the additionality that the green premium does not have. When the entire industrial sector's electricity consumption is converted to renewable energy, the implementation cost of the green premium is estimated to be 3,377.4 billion won, and the REC purchase is estimated to incur the implementation cost of 6,576.4 billion won, which is 3.5 trillion more than the green premium. It was analyzed that an additional implementation cost of KRW 100 million would occur. In addition, in the case of solar PPA, it was analyzed that additional implementation costs of KRW 13,375.7 billion to KRW 16,162.3 billion were incurred. It was estimated that the renewable energy that could be supplied to the green premium would at least be sufficient for companies exporting to the US and EU. In addition, it was analyzed that when the fund created as a green premium is used for renewable energy supply, about 30.7% of the renewable energy supply through PPA can be supplied. However, as ESG is emphasized, green premium can be criticized by green washing because there is no additionality. There is also a limit to responding to the EU's CBAM. Therefore, companies can use the green premium depending on the situation, but it is more advantageous to use PPA, etc. The government needs to sufficiently maintain the supply of renewable energy using the fund to maintain the green premium.

• Korean Journal of Air-Conditioning and Refrigeration Engineering
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• v.15 no.12
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• pp.1028-1034
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• 2003

The objectives of this paper are to study the effect of key parameters on the cycle performance and capacity and to estimate the cost of latent and sensible energy transportation systems. The overall conductance (UA) of each component, the ambient temperature and the absorber inlet temperature are considered the key parameters. It is concluded that COP of the solution transportation using an absorption system (STA) at ambient temperature is 10% higher than that of the conventional sensible system. It is also found that the cost of STA system can be reduced 7.5 times to that of sensible energy transportation for one year of operation with 10 km transportation distance.