• Title/Summary/Keyword: Energy Cost

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The Study of Financing for Energy Efficiency Homes (주택 에너지효율향상을 위한 재정지원 방안에 관한 연구)

  • Park, Kihyun
    • KIEAE Journal
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    • v.12 no.6
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    • pp.63-68
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    • 2012
  • The aim of this study is to evaluate current policies and suggest the way of overcome financial impediments to the energy efficiency function of residential buildings. Based on this analysis the paper enumerates policy recommendations for enhancing how energy efficiency is addressed in building codes and other policies for residential buildings. For achieving this goal, this study conducts the cost-benefit analysis to measure total energy savings and associated total cost. The results of study shows that the cost is greater than the benefit from 1st to 4th year but the benefit will be greater than the cost for the rest of the year. In addition, this study designs a financial support method and an implementation mechanism. Investment from the capital market will take place with the government's interest subsidy. Home retrofit will be undertaken with low interest rate with 2.5% and the return will be paid by a monthly energy bill. The results of this study provides some useful insights for the policy design, including the importance of developing information tools for providing appropriate information to households.

Calculating the Unit Cost Factors for Decommissioning Cost Estimation of the Nuclear Research Reactor (연구용원자로 해체비용 산정을 위한 단위비용인자 산출)

  • Jeong, Kwan-Seong;Lee, Dong-Gyu;Jung, Chong-Hun;Lee, Kune-Woo
    • Journal of Nuclear Fuel Cycle and Waste Technology(JNFCWT)
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    • v.4 no.4
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    • pp.385-391
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    • 2006
  • The estimated decommissioning cost of nuclear research reactor is calculated by applying a unit cost factor-based engineering cost calculation method on which classification of decommissioning works fitted with the features and specifications of decommissioning objects and establishment of composition factors are based. Decommissioning cost of nuclear research reactor is composed of labor cost, equipment and materials cost. Labor cost of decommissioning costs in decommissioning works are calculated on the basis of working time consumed in decommissioning objects. In this paper, the unit cost factors and work difficulty factors which are needed to calculate the labor cost in estimating decommissioning cost of nuclear research reactor are derived and figured out.

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Process of Cost Estimation in Feasibility Analysis Considering ratio of Renewable Portfolio Standard (신·재생에너지 공급의무화제도(RPS) 비율을 고려한 타당성 분석의 공사비 산정 프로세스)

  • Yang, Hyun-Ju;Kim, Jong-Hyeob;Han, Sangwon;Hyun, Chang-Taek
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2014.05a
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    • pp.44-45
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    • 2014
  • Recently the Korean government also has strictly restricted a law such as GBCC(Green Building Certification Criteria)and RPS(Renewable Portfolio Standard) on the construction. Especially the government announced a obligation of renewable energy consumption over 12% for all the public buildings of total area over 1,000㎡ since 2014. Regarding to the policy, this study presented the economics of energy analysis of the public office buildings that supplies 12% renewable energy output in the early stage of construction project. This paper calculated on CO2 emission by the geothermal, solar heat, and solar photovoltaic system and estimated the saving cost. Reduced cost through the energy saving are predicted to influence on the total construction cost. As a result air pollution and energy saving cost are expected that renewable energy system would be saving total initial cost of construction on planning phase.

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Cost-Aware Scheduling of Computation-Intensive Tasks on Multi-Core Server

  • Ding, Youwei;Liu, Liang;Hu, Kongfa;Dai, Caiyan
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.12 no.11
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    • pp.5465-5480
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    • 2018
  • Energy-efficient task scheduling on multi-core server is a fundamental issue in green cloud computing. Multi-core processors are widely used in mobile devices, personal computers, and servers. Existing energy efficient task scheduling methods chiefly focus on reducing the energy consumption of the processor itself, and assume that the cores of the processor are controlled independently. However, the cores of some processors in the market are divided into several voltage islands, in each of which the cores must operate on the same status, and the cost of the server includes not only energy cost of the processor but also the energy of other components of the server and the cost of user waiting time. In this paper, we propose a cost-aware scheduling algorithm ICAS for computation intensive tasks on multi-core server. Tasks are first allocated to cores, and optimal frequency of each core is computed, and the frequency of each voltage island is finally determined. The experiments' results show the cost of ICAS is much lower than the existing method.

Correlation Analysis on $CO_2$ Emission and Cost of Energy Resources and Life Cycle Assessment (에너지자원의 이산화탄소 배출량과 비용의 상관관계 분석과 전과정평가)

  • Kim, Heetae;Kim, Eun Chul;Ahn, Tae Kyu
    • 한국신재생에너지학회:학술대회논문집
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    • 2010.06a
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    • pp.153-153
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    • 2010
  • The world is moving towards a post-carbon society and needs clean and renewable energy for sustainable development. There are many methodological approaches which are helping this shift based on analyzed data about energy resources and which focus on limited types of energy including liquid fossil, solid fossil, gaseous fossil, and biomass (e.g. IPCC Guidelines, ISO 14064-1, WRI Protocol, etc.). We should also consider environmental impact (e.g. greenhouse gas emissions, water use, etc.) and the economic cost of the renewable energy to make a better decision. Recently, researchers have addressed the environmental impact of new technologies which include photovoltaics, wind turbines, hydroelectric power, and biofuel. In this work, we analyze the environmental impact with a carbon emission factor to present a correlation between $CO_2$ emission and the cost of energy resources standardized by the energy output. In addition, we reviewed Life Cycle Assessment (LCA) as another methodology. Researchers who are studying energy systems have ignored the impacts of entire energy systems, e.g. the extraction and processing of fossil fuels. In power sector, the assessment should include extraction, processing, and transportation of fuels, building of power plants, production of electricity, and waste disposal. Therefore LCA could be more suitable tool for energy cost and environmental impact estimation.

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Energy Performance and Cost Assessment for Implementing GroundSource Heat Pump System in Military Building (군사시설 내 지열 히트펌프 시스템 적용에 따른 에너지 성능과 비용 절감 효과 평가)

  • Byonghu Sohn;Kyung Joo Cho;Dong Woo Cho
    • Journal of the Korean Society for Geothermal and Hydrothermal Energy
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    • v.18 no.4
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    • pp.45-57
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    • 2022
  • The Ministry of National Defense of the Republic of Korea is showing a lot of interest in net zero-energy buildings (NZEBs) to reduce energy consumption of military facilities and to promote green growth policy in military sector. The application of building passive technologies and renewable energies is essential to achieving NZEBs. This paper analyzed energy performance and energy cost on the conventional heating and cooling system (baseline scenario) and three different alternative scenarios (ALT 1, ALT 2 and ALT 3) applied in a hypothetical military building. A building modeling and simulation software (DesignBuilder V6.1) with EnergyPlus calculation engine was used to calculate the energy consumption for each scenario. Overall, when the GSHPs are applied to both space airconditioning and domestic hot water (DHW) production, Alt-2 and Alt-3, the amount of energy consumption for target building can be greatly reduced. In addition, when the building envelope performance is increased like Alt-3, the energy consumption can be further reduced. The annual energy cost analysis showed that the baseline was approximately 161 million KRW, while Alt-3 was approximately 33 million KRW. Therefore, it was analyzed that the initial construction cost increase could be recovered within about 6.7 years for ALT 3. The results of this study can help decision-makers to determine the optimal strategy for implementing GSHP systems in military buildings through energy performance and initial construction cost assessment.

Relation between the Building Exterior Conditions and Energy Costs in the Running period of the Apartment Housing (공동주택의 건물외부조건과 에너지비용과의 관계분석)

  • Lee, Kang-Hee;Ryu, Seung-Hoon;Lee, Yeun-Taek
    • KIEAE Journal
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    • v.9 no.1
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    • pp.107-113
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    • 2009
  • The energy cost is resulted from the energy use. Its sources are divided into some types and depended on the building use or energy-use type. The energy cost should be affected by the amount of the energy use. The cost could be calculated to consider various factors such as the insulation, heating type, building shape and others. But it can not consider all of the affect factors to the energy cost and need to categorize the factors to the condition for estimating the cost. In this paper, it aimed at providing the estimation model in linear equation and multiple linear regression, utilizing the building exterior condition and management characteristics in apartment housing. Its survey are conducted in two parts of management characteristics and building exterior condition. The correlation analysis is conducted to get rid of the multicolinearity among the inputted factors. The number of linear equation model is 11 and includes the 1st, 2nd and 3rd equation function, power function and others. Among these, it suggested the 2nd and 3rd function and power function in terms of the statistics. In multiple linear regression model, the building volume and management area are inputted to the estimation.

A Suggestion for the Cost Allocation Methodology of Cool Air Produced from Cooling System (냉방시스템에서 생산된 냉기의 가격배분 방법론 제안)

  • Kim, Deok-Jin
    • Proceedings of the SAREK Conference
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    • 2008.11a
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    • pp.499-504
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    • 2008
  • Our government will make a plan regulating the cooling limit temperature of the summer season to 26 degree and the heating limit temperature of the winter season to 20 degree for energy saving. Where, the key point of this politic pursuit can be the charge system on heating and cooling cost. We have suggested new cost allocation methodology as a worth evaluation method in the precedent study, and preformed the worth evaluation and cost allocation on four kind of warm air produced from a heating system as an example. In this study, we applied the suggested method to four kind of cooling air as an example, and preformed the worth evaluation and cost allocation on each cooling air. As a result, similarly to the precedent study, the more energy a customer saved, the more heating unit cost decreased, and the more energy a customer consumed, the more heating unit cost increased. From this analysis, we hope that the suggested methodology can offer a theoretical basis to the politic pursuit of government, and induce the spontaneous energy saving of consumers.

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Economic Evaluation of Liquid Air Energy Storage (LAES) System (액화 공기 에너지 저장 기술(LAES)의 경제성 분석)

  • Ko, Areum;Park, Sung-Ho;Ryu, Ju-Yeol;Park, Jong-Po
    • New & Renewable Energy
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    • v.16 no.1
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    • pp.1-14
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    • 2020
  • Liquid air energy storage (LAES) using gas liquefaction has attracted considerable attention because of its mature technology, high energy density, few geographical constraints, and long life span. On the other hand, LAES has not yet been commercialized and is being developed recently. Therefore, few studies have performed an economic analysis of LAES. In this study, the levelized cost of electricity was calculated and compared with that of other energy storage systems. As a result, the levelized cost of electricity of LAES was $371/MWh. This is approximately $292/MWh, $159/MWh, $118/MWh, and $3/MWh less than that of the LiCd battery, VRFB battery, Lead-acid battery, and NaS battery. In addition, the cost was approximately $62/MWh and $195/MWh more than that of Fe-Cr flow battery and PHS. Sensitivity analysis of the levelized cost of electricity according to the main economic factors was performed, and economic uncertainty analysis was performed through a Monte-Carlo simulation. The cumulative probability curve showed the levelized cost of electricity of LAES, reflecting price fluctuations in the air compressor cost, electricity cost, and standing reserve hourly fee.

Feasibility study of the energy supply system for horticulture facility using dynamic energy simulation (동적 에너지 시뮬레이션을 이용한 시설원예용 에너지 공급시스템의 경제성 분석)

  • Yu, Min-Gyung;Cho, Jeong-Heum;Nam, Yujin
    • KIEAE Journal
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    • v.15 no.1
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    • pp.103-109
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    • 2015
  • Recently, the usage of renewable energy system has been recommended because of the energy saving and depletion of fossil fuel. Especially, ground source heat pump system(GSHP) has a high efficiency by using annual stable ground temperature. Also, wood pellet is low cost and a high calorific value compared to fossil fuel. However, only small number of farms have applied renewable energy system to horticultural facility because of a high initial costs and uncertainty of its cost efficiency. In this study, in order to analyze the feasibility for the horticulture, TRNSYS simulation based on the standard horticultural facility was conducted in different weather and covering material conditions. Then, comparative feasibility analysis of each energy supplying system was conducted. As a result, we have found out that a high initial cost of renewable energy system was recovered by the economics of the energy cost. Due to the energy cost reduction, the payback periods were 10-11 years in the case of GSHP and 4-6 years in the case of wood pellet boiler.