• International conference on construction engineering and project management
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• 2015.10a
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• pp.523-526
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• 2015

In recent years, building commissioning has often been part of a standard delivery practice in construction, particularly in the high-performance green building market, to ensure the building is designed and constructed per owner's requirements. Commissioning, therefore, intends to provide quality assurance that buildings perform as intended by the design and often helps achieve energy savings. Commissioning, however, is not as widely adopted as its potential benefits are perceived. Owners are still skeptical of the cost-effectiveness claims by energy management and commissioning professionals. One of the issues in the current commissioning practice is that not every project is guaranteed to benefit from the commissioning services. This, coupled with its added cost, the commissioning service is not acquired with great acceptance and confidence by building owners. To overcome this issue, this paper presents a unique methodology to enhance owner's predicting capability of the degree of success of commissioning service using the Bayesian theorem. The paper analyzes a situation where a future building owner wants to use a pre-commissioning in an attempt to refine the success rate of the future commissioned building performance. The author proposes the Bayesian theorem based framework to improve the current commissioning practice where building owners are not given accurate information how much successful their projects are going to be in terms of energy savings from the commissioning service. What should be provided to the building owners who consider their buildings to be commissioned is that they need some indicators how likely their projects benefit from the commissioning process. Based on this, the owners can make better informed decisions whether or not they acquire a commissioning service.

• Journal of Environmental Policy
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• v.8 no.3
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• pp.181-206
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• 2009

The purpose of this paper is to analyze economic adequacy by estimating the benefit-cost for bird eco-park, eco-center, eco-river, and eco-waterway, which will be built in the new town of Kimpoo, Yangchon. This paper attempts an economic analysis for the development of an eco-friendly new town. The rates of B/C (benefit-cost) in all scenarios are over one. Especially, the B/C rate of the eco-center is the most efficient of the four eco-facilities by 5.02 - 3.75. In addition, the construction costs of the five eco-facilities are assumed to be 50 percent higher, though their economic soundness is maintained. This paper implies that providing ecological variety is one of the core components in constructing housing complexes and suggests that the construction of housing be harmonized with zero-carbon and energy efficient methods.

• Proceedings of the SAREK Conference
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• 2008.11a
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• pp.15-20
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• 2008

The objectives of this study are to analyze the energy independence plan and to propose a suitable sewage treatment plant in Korea. The total amount of electricity consumption for public sewage treatment plant was estimated as 1,182 GWh in 2007. It was estimated that total 16 sewage treatment plants with renewable energy systems produced electricity of 15.2 GWh per year, which could replaced 0.8% of total electricity used for sewage treatment. It was found that domestic sewage treatment plants with power generation plants by digestion gas were installed in 7 places and produced electricity of 13 GWh per year. It was also found that the power generation plants by digestion gas were the most cost-effective for sewage treatment out of the renewable energy systems based on the benefit-cost analysis.

• Journal of Energy Engineering
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• v.25 no.4
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• pp.141-151
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• 2016

Recently, technology for energy recovery from waste has been increasing interest globally including the Korea. In Korea, we have interested in using biogas generated from the sewage treatment process. As one alternative, there are operating biogas combined heat and power plant. The generation amount of the Sewage Sludge are expected to grow in the future. For this reason, total processing cost of Sewage Sludge will increase. To solve this problem, it seems will be invested with the expansion of facilities that use biogas as energy. Therefore, quantitative information on such facilities is required. Thus, this study attempts to economic feasibility analysis for Seonam Biogas Combined Heat and Power Plant. Meanwhile, as the benefit items for economic feasibility analysis consider electricity supply benefit except for heat supply benefit. The average prices of electricity use were residence 123.69, commercial 130.46, and industry 102.59 won per kWh for the year 2015, In addition, the economic benefit are calculated to be residence 310.21, commercial 378.49, and industry 222.87 won per kWh. The results of economic feasibility analysis is NPV 72.18 billion won, B/C 1.90, IRR 37%, shows that economic validity of Seonam Biogas Combined Heat and Power Plant.

• Korean Journal of Air-Conditioning and Refrigeration Engineering
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• v.20 no.9
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• pp.624-630
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• 2008

When various kinds of outputs are produced from a single energy system, the methodology which allocates the common cost to each output cost is very important because it is directly related with the profit and loss of producers and purchasers. In the cost allocation methodology of the heat and the electricity on a cogeneration, there are energy method, work method, proportional method, benefit distribution method, exergetic methods, and so on. On the other hand, we have proposed a worth method which can be applied to any system. The definition of this methodology is that the unit cost of a product is proportion to the worth. Where, worth is a certain evaluating basis that can equalize the worth of products. In this study, we applied worth method to a steam-turbine cogeneration which produces 22.2 MW of electricity and 44.4 Gcal/h of heat, and then we allocated 2,578 $/h of common cost to electricity cost and heat cost. Also, we compared with various cost allocation methods. As the result, we conclude that exergy of various kinds of worth basis evaluates the worth of heat and electricity most reasonably on this system.

• Proceedings of the SAREK Conference
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• 2008.11a
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• pp.351-356
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• 2008

When various kinds of outputs are produced from a single energy system, the methodology which allocates the common cost to each output cost is very important because it is directly related with the profit and loss of producers and purchasers. In the cost allocation methodology of the heat and the electricity on a cogeneration, there are energy method, work method, proportional method, benefit distribution method, various exergetic methods, and so on. On the other hand, we have proposed a worth evaluation method which can be applied to any system. The definition of this methodology is that the unit cost of a product is proportion to the worth. Where, worth is a certain evaluating basis that can equalize the worth of products. In this study, we applied this methodology to a gas-turbine cogeneration which produces 119.2 GJ/h of electricity and 134.7 GJ/h of heat, and then we allocated 3,150 $/h of fuel cost to electricity cost and heat cost. Also, we compared with various cost allocation methods. As the result, we conclude that exergy of various kinds of worth basis evaluates the worth of heat and electricity most reasonably on this system.

• New & Renewable Energy
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• v.4 no.3
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• pp.23-35
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• 2008

In the present study, performances of fuel cell driven compound source hybrid heat pump system applied to a large community building are simulated. Among several renewable energy sources, ground, river, sea, and waste water sources are chosen as available alternative energies. The performance and energy cost are varied with the hybrid heat pump sources. The system design and operation process appropriate for the surrounding circumstance guarantee the high benefit of the heat pump system applied to a large community building. Th system is driven by fuel cell system instead of the late-night electricity due to the advantages of the low energy cost and waste heat with high temperature.

• Journal of Energy Engineering
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• v.15 no.1 s.45
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• pp.14-22
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• 2006

Various pros and cons are raised as to the nuclear and renewable power portions. In order to generate scientific, objective, and comparative data, this study reviewed energy policies of some countries and derived 34 possible energy mix scenarios depending on the nuclear portion, the renewable portion and the make-up power sources. For each scenario, the unit electricity cost was calculated using the BLMP (Base Load Marginal Price) and SMP (System Marginal Price) methodology, which is currently adopted in Korean electricity market. The unit electricity cost for the current energy mix was 22.18 Won/kWh and those fir other scenarios spreaded from 19.74 to 164.07 Won/kWh excluding the transmission costs and profits of the electric utility companies. Generally, the increased nuclear power portion leads reduction in the unit electricity cost while the trend is reversed in the renewable power portion. Notable observation is that when the renewable power portion exceeds 20%, as the scenario cannot enjoy the benefit of cheap base load, the unit electricity cost at low demand time zone is increased.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.35 no.1
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• pp.32-38
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• 2012

몽골은 석탄 매장량이 매우 풍부하고 석유연료를 전적으로 수입에 의존하기 때문에, 석탄액화플랜트 건설에 필요한 충분한 여건을 갖추고 있다. 본 연구에서는 몽골에 하루 10,000배럴의 석유연료를 생산할 수 있는 석탄액화플랜트를 건설할 경우에 대한 경제성분석을 수행한다. 먼저 기존에 있는 산업계의 석탄액화플랜트 프로젝트 데이터와 학계의 연구결과를 토대로 몽골 석탄액화플랜트 건설에 필요한 비용과 기대수명, 그리고 예상 수명기간 동안 운영했을 때 발생하는 운영비용과 소득을 추정한다. 추정된 비용과 소득을 이용하여 네 가지 시나리오(기본, 악화 1, 악화 2, 매우 악화) 하에서의 경제성 분석을 실시한다. 분석결과 투자수익률이 기본 시나리오에서는 45%에 가까우며, 가장 나쁜 시나리오에서도 5%보다 컸다. 이는 몽골 석탄액화플랜트 건설이 경제적으로 충분히 타당성이 있음을 나타낸다.

• Proceedings of the KSR Conference
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• 2006.11b
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• pp.1575-1580
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• 2006

High speed and large transfer capability of railroad has been an important issue in Korean since KTX opening at 2004. Improvement projects for railway electrification are progressed in the conventional line as well as high speed line because various operation plan is performed such as interaction between high speed line and conventional line and operation of tilting train etc. Especially, railway electrification has many advantages which are cost effective and eco-friendly. But it also has some problems such as construction costs and accidents due to electrification. Therefore this paper developed measuring index of electrification railway benefit. By comparing between diesel and electrical locomotive, the operations of before and after the electrification and measurements quantitative index such as energy efficiency, enlargement of transfer capability, environmental pollution and maintenance and efficiency of operation is presented. In the future, Overall benefit and cost of railway electrification will be analyzed.