• 제목/요약/키워드: European efficiency

검색결과 151건 처리시간 0.026초

Scaled and unscaled ground motion sets for uni-directional and bi-directional dynamic analysis

  • Kayhan, Ali Haydar
    • Earthquakes and Structures
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    • 제10권3호
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    • pp.563-588
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    • 2016
  • In this study, solution models are proposed to obtain code-compatible ground motion record sets which can be used for both uni-directional and bi-directional dynamic analyses. Besides scaled, unscaled ground motion record sets are obtained to show the utility and efficiency of the solution models. For scaled ground motion sets the proposed model is based on hybrid HS-Solver which integrates heuristic harmony search (HS) algorithm with the spreadsheet Solver add-in. For unscaled ground motion sets HS based solution model is proposed. Design spectra defined in Eurocode-8 for different soil types are selected as target spectra. The European Strong Motion Database is used to get ground motion record sets. Also, a sensitivity analysis is conducted to evaluate the effect of different HS solution parameters on the solution accuracy. Results show that the proposed solution models can be regarded as efficient ways to develop scaled and unscaled ground motion sets compatible with code-based design spectra.

FINITE DIFFERENCE METHOD FOR THE TWO-DIMENSIONAL BLACK-SCHOLES EQUATION WITH A HYBRID BOUNDARY CONDITION

  • HEO, YOUNGJIN;HAN, HYUNSOO;JANG, HANBYEOL;CHOI, YONGHO;KIM, JUNSEOK
    • Journal of the Korean Society for Industrial and Applied Mathematics
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    • 제23권1호
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    • pp.19-30
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    • 2019
  • In this paper, we develop an accurate explicit finite difference method for the two-dimensional Black-Scholes equation with a hybrid boundary condition. In general, the correlation term in multi-asset options is problematic in numerical treatments partially due to cross derivatives and numerical boundary conditions at the far field domain corners. In the proposed hybrid boundary condition, we use a linear boundary condition at the boundaries where at least one asset is zero. After updating the numerical solution by one time step, we reduce the computational domain so that we do not need boundary conditions. To demonstrate the accuracy and efficiency of the proposed algorithm, we calculate option prices and their Greeks for the two-asset European call and cash-or-nothing options. Computational results show that the proposed method is accurate and is very useful for nonlinear boundary conditions.

THE DYNAMICS OF EUROPEAN-STYLE OPTION PRICING IN THE FINANCIAL MARKET UTILIZING THE BLACK-SCHOLES MODEL WITH TWO ASSETS, SUPPORTED BY VARIATIONAL ITERATION TECHNIQUE

  • FAROOQ AHMED SHAH;TAYYAB ZAMIR;EHSAN UL HAQ;IQRA ABID
    • Journal of Applied and Pure Mathematics
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    • 제6권3_4호
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    • pp.141-154
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    • 2024
  • This article offers a thorough exploration of a modified Black-Scholes model featuring two assets. The determination of option prices is accomplished through the Black-Scholes partial differential equation, leveraging the variational iteration method. This approach represents a semi-analytical technique that incorporates the use of Lagrange multipliers. The Lagrange multiplier emerges as a beacon of efficiency, adeptly streamlining the computational intricacies, and elevating the model's efficacy to unprecedented heights. For better understanding of the presented system, a graphical and tabular interpretation is presented with the help of Maple software.

70 kW 이하 가정용 가스보일러 에너지소비효율 실험방법 개발 (A Development of Test Method on the Energy Consumption Efficiency of Domestic Gas Boiler below 70 kW)

  • 박찬일;김래현
    • 에너지공학
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    • 제25권3호
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    • pp.73-82
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    • 2016
  • 표시가스 소비량이 70 kW 이하인 가정용 가스보일러에 대하여 여러 가지 운전조건하의 에너지 소비효율 측정에 대해 고찰하였다. 실제 운전상태와 유사한 실험조건에서 행한 에너지 효율실험 결과를 국내의 효율등급표시 실험방법 결과와 비교 분석하였다. 실험에 사용된 가정용가스보일러는 일반보일러와 콘덴싱 보일러 각 1개씩이며, 각각의 보일러에 대하여 네 가지 조건으로 실험하였다. 실험종류를 구분하면 실험실 모드와 실제 가동모드로 나누고, 각각의 모드별로 최대가스소비량 상태와 소비자판매 상태로 나누어 적용하였다. 효율실험을 위해 사용하는 장비는 KS 표준과 유럽의 EN 규격 등 가스보일러 관련 규격에서 제시하는 실험장치의 기능을 다하면서, 여러 가지 측정 인자를 지속적으로 축적, 기록 및 저장할 수 있는 장치로 하였다. 측정 대상 인자들은 유량(가스, 물), 온도(실험실, 난방공급수, 난방환수, 배기가스), 압력(가스미터 내부, 가스보일러 입구, 대기압) 등이다. 위 네 가지 모드의 실험결과 에너지소비효율은 실험실 상태(보일러의 안정화 상태로 실험 시작)로 실험할 때가 실제 소비자가 사용하는 패턴으로 실험할 때 보다 일반보일러의 경우 약 10 %, 콘덴싱 보일러의 경우 약 20% 높은 소비효율로 측정되었다. 에너지소비효율등급을 부여하는 정부 고시의 효율실험방법도 본 연구에서 실시한 것과 같이 실제상황을 가정한 효율실험방법을 도입 운영할 필요가 있다.

ISO 13790과 ISO 52016에 의한 월별 난방에너지 소요량 분석 (Monthly Heating Energy Needs Analysis According to ISO 13790 and ISO 52016)

  • 조정훈;윤근영
    • 한국태양에너지학회 논문집
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    • 제39권5호
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    • pp.11-28
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    • 2019
  • Governments are increasing energy efficiency in buildings through various policies to reduce building energy consumption. In 2002, the European Union adopted a building energy performance guideline to set minimum efficiency standards for residential and commercial buildings. Starting in 2020, all EU member states should ensure that all buildings are Near-Zero Energy Buildings (NZEB). In Korea, the government issued a zero-energy certification system. Since 2020, public buildings are required to cover energy consumption with the energy produced in buildings. As the demand for building energy simulation has increased to increase the energy efficiency of these buildings, the International Standard Organization (ISO) has created a standard for calculating building energy requirements called ISO 13790. This standard was revised to ISO 52016 in 2017. In this research, ISO 13790, which calculates the energy needs of existing buildings, and ISO 52016, which replaces them, are compared and analyzed, and applied to the calculation of heating energy needs of buildings. For models without thermal zoning(Case A), the difference in annual heating energy needs calculated from each criterion is $1.08kWh/m^2$, which is about 2% higher in ISO 52016. In the case of the thermal zoning model(Case B), the difference in annual heating energy needs calculated by each standard was $0.97kWh/m^2$, which was about 2% higher than ISO 52016. The heating energy needs model without thermal zoning has a higher energy needs than the heating energy needs model with thermal zoning. It is about 16% energy at $8.58kWh/m^2$ for ISO 13790 and $8.69kWh/m^2$ for ISO 52016.

항공(航空) 자유화(自由化)와 '단일(單一)' 유럽항공시장(航空市場) 접근(接近);유럽사법재판소(司法裁判所)의 미(美) ${\cdot}$ 독(獨) 항공운수협정(航空運輸協定)상 '국적요건(國籍要件)' 조항(條項)의 공동체법(共同體法)상 '내국민대우(內國民待遇)' 규정 위반(違反) 관련 '집행위원회(執行委員會) 대(對) 독일연방(獨逸聯邦)' 사건 판결(判決)(2002)의 문제점을 중심으로 ('Open Skies' Agreements and Access to the 'Single' European Sky;Legal and Economic Problems with the European Court of Justice's Judgment in 'Commission v. Germany'(2002) Striking Down the 'Nationality Clause' in the U.S.-German Agreement)

  • 박현진
    • 한국항공운항학회지
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    • 제15권1호
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    • pp.38-53
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    • 2007
  • In a seminal judgment of November 2002 (Case C-476/98) relating to the compatibility with Community laws of the 'nationality clause' in the 1996 amending protocol to the 1955 U.S.-German Air Services Agreement, the European Court of Justice(ECJ) decided that the provision constituted a measure of an intrinsically discriminatory nature and was thus contrary to the principle of national treatment established under Art. 52 of the EC Treaty. The Court, rejecting bluntly the German government' submissions relying on public policy grounds(Art. 56, EC Treaty), seemed content to declare and rule that the protocol provision requiring a contracting state party to ensure substantial ownership and effective control by its nationals of its designated airlines had violated the requirement of national treatment reserved for other Community Members under the salient Treaty provision. The German counterclaims against the Commission, although tantalizing not only from the perusal of the judgment but from the perspective of international air law, were nonetheless invariably correct and to the point. For such a clause has been justified to defend the 'fundamental interests of society from a serious threat' that may result from granting operating licenses or necessary technical authorizations to an airline company of a third country. Indeed, the nationality clause has been inserted in most of the liberal bilaterals to allow the parties to enforce their own national laws and regulations governing aviation safety and security. Such a clause is not targeted as a device for discriminating against the nationals of any third State. It simply acts as the minimum legal safeguards against aviation risk empowering a party to take legal control of the designated airlines. Unfortunately, the German call for the review of such a foremost objective and rationale underlying the nationality clause landed on the deaf ears of the Court which appeared quite happy not to take stock of the potential implications and consequences in its absence and of the legality under international law of the 'national treatment' requirement of Community laws. Again, while US law limits foreign shareholders to 24.9% of its airlines, the European Community limits non-EC ownership to 49%, precluding any ownership and effective control by foreign nationals of EC airlines, let alone any foreign takeover and merger. Given this, it appears inconsistent and unreasonable for the EC to demand, $vis-{\grave{a}}-vis$ a non-EC third State, national treatment for all of its Member States. The ECJ's decision was also wrongly premised on the precedence of Community laws over international law, and in particular, international air law. It simply is another form of asserting and enforcing de facto extraterritorial application of Community laws to a non-EC third country. Again, the ruling runs counter to an established rule of international law that a treaty does not, as a matter of principle, create either obligations or rights for a third State. Aside from the legal problems, the 'national treatment' may not be economically justified either, in light of the free-rider problem and resulting externalities or inefficiency. On the strength of international law and economics, therefore, airlines of Community Members other than the designated German and U.S. air carriers are neither eligible for traffic rights, nor entitled to operate between or 'free-ride' on the U.S. and German points. All in all and in all fairness, the European Court's ruling was nothing short of an outright condemnation of established rules and principles of international law and international air law. Nor is the national treatment requirement justified by the economic logic of deregulation or liberalization of aviation markets. Nor has the requirement much to do with fair competition and increased efficiency.

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건축물에너지효율등급 기밀시험이 등급에 미치는 영향분석 (Analysis on Energy Demand Resulting From the Change in Window Area & Installation of Interior Exterior Blinds)

  • 김대원;정광섭;김영일;남아리새;주정경
    • 에너지공학
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    • 제23권1호
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    • pp.40-45
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    • 2014
  • 주거시설에서 환기횟수 0.7회 적용은 실내공기질 향상과 거주자의 쾌적성을 높이고자 100세대 이상은 의무적으로 적용하고 있다. 건축물에너지효율등급에서는 환기횟수를 기준으로한 기밀시험을 실시 하여 그결과 값을 효율등급결과치에 반영함으로서 창호주변의 정밀시공을 유도하고 침기로 인해 손실되는 에너지절감을 꾀하고 있다. 건축물엔지효율등급 현장실사 결과 환기횟수가 0.6~0.71까지 나타났으며 그차이가 에너지 절감량에 크게 영향을 미치는 것으로 나타났다. 유럽의 패시브 하우스 기준이 0.6회 이하의 기밀을 요구하고 있고 우리나라도 2017년 패시브하우스, 2025년 제로하우스를 목표로 하고 있어 비주거 건물의 기밀진단의 의무확대와 고기밀 건물에 대한 연구와 시공방법이 시급한 실정이다.

배출규제해역(ECA) 시행이 페리 선사의 재무성과에 미치는 영향: Network SBM DEA 및 BTR 모형 분석 (Analyzing the Impact of Emission Control Area (ECA) Enforcement on Ferry Companies' Financial Performance : Network SBM DEA and BTR model)

  • 이수형;임현우
    • 한국항만경제학회지
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    • 제38권3호
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    • pp.29-51
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    • 2022
  • 본 연구의 목적은 국제해사기구(IMO)의 배출규제해역(ECA) 시행에 따른 환경규제가 페리 선사들의 재무지표로 구성된 효율성에 어떠한 영향을 미쳤는지 실증적으로 분석하는데 있다. 이에 따라 본 연구에서는 2004년부터 2017년 까지 북유럽, 지중해, 북미 지역의 8개 페리선사의 재무데이터를 수집하여, ECA가 페리선사의 재무성과에 미친 영향을 효율성의 관점에서 지역별로 추정하였다. 방법론적 측면에서 본 연구의 학술적 기여는 다음과 같다. DEA의 자의적인 변수 선정 문제를 완화하기 위하여 Dyson et al.(2001)이 제시한 변수 선정 기준을 적용했으며, Network SBM DEA 모형을 통하여 기업의 규모를 고려하는 동시에 기업의 수익 창출 과정을 단계별로 구분하여 재무성과를 보다 세밀하게 측정하였다. 또한 BTR 모형을 적용하여 편의(Bias)를 최소화한 결과를 도출하였다. 연구 결과 가장 강한 규제를 받았던 북유럽 선사의 경우 오히려 효율성의 꾸준한 증가가 관측되었다. 북미지역 선사들의 경우 정부지원금이 효율성에 큰 영향을 미친 것으로 드러났으며, 상대적으로 ECA와 유가에 의한 영향은 적었던 것으로 관측되었다. 반면 지중해 지역의 경우 가장 낮은 수준의 규제를 받았음에도 불구하고, 규제 이후로 효율성 값이 낮아지는 모습이 관측되었다. 본 연구는 향후 ECA가 확대될 예정인 아시아의 페리선사와 정책당국에 의사결정의 참고자료로서 기능할 수 있을 것으로 생각된다.

신재생에너지 기기로서 히트펌프의 신재생에너지 생산량 (Renewable Energy Production by Heat Pump as Renewable Energy Equipment)

  • 홍희기;최준영;임신영
    • 설비공학논문집
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    • 제29권10호
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    • pp.551-557
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    • 2017
  • Most European economies, Japan, and many governments have made it a major policy to expand the green business by disseminating heat pump technology, which has a large $CO_2$ reduction effect. The heat pump of all heat sources has been recognized as renewable energy and the policy to encourage has been implemented. In the recently revised Renewable Energy Law, the hydrothermal source (surface sea water) heat pump was newly included in renewable energy. In addition, the scope of application of heat pumps has expanded in the mandatory installation of renewable energy for new buildings, remodeling buildings, and reconstructed buildings based on this law. However application to heat pumps using all natural energy as heat source has been put off. In this revision, the ratio of renewable energy to the total energy produced by the heat pump was fixed at 73%, which depends on coefficient of performance of heat pump. The ratio of renewable energy is $1-1.8/COP_H$, and should be calculated including the coefficient of performance of the heat pump. Using a high efficiency heat pump or a high-temperature heat source increases the coefficient of performance and also reduces $CO_2$ emissions. It is necessary to expand the application of heat pumps as renewable energy equipment and to improve the correct calculation of renewable energy production.

단일 고형화제를 이용한 중금속류 오염 토양의 고형화/안정화 (Solidification and Stabilization of Metal(loid)s-contaminated Soils using Single Binders)

  • 박혜옥;최지연;오상화;신원식
    • 한국지하수토양환경학회지:지하수토양환경
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    • 제20권7호
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    • pp.135-147
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    • 2015
  • Remediation of metal(loid)s-contaminated sites is crucial to protect human and ecosystem. Solidification and stabilization of metal(loid)s by the binder amendment is one of the cost-effective technologies. In this study, metal (loid)s in various field-contaminated soils obtained from steel-making, metal refinery and mining tillage were immobilized by the application of single binders such as diammonium phosphate (DAP), lime, and ladle slag. The efficiency of solidification and stabilization was evaluated by Toxicity Characteristic Leaching Procedure (TCLP) and the Standard, Measurements and Testing programme of European Union (SM&T) extraction processes. In terms of TCLP extraction, the binder was effective in order of lime > DAP > ladle slag. All binders were highly effective in the immobilization of Pb, Zn, Cu, Ni, and Cd. The increased immobilization efficiency is attributed to the increase in the Step III and IV fractions of the SM&T extraction. Lime and ladle slag were highly effective in the immobilization of the metal(loid)s, however, As release increased with DAP due to competition between the phosphate originated from DAP and arsenate. A further study is needed for the better immobilization of multi metal(loid)s using binary binders.