• Title/Summary/Keyword: Feasibility Assessment

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Reassessment of Economic Feasibility for a Wind Farm on Jeju Island Considering Variable Jeju SMP (변동 제주 SMP를 적용한 제주도 육상풍력단지의 경제성 재평가)

  • Kim, Hyo-Jeong;Ko, Kyung-Nam;Huh, Jong-Chul
    • Journal of the Korean Solar Energy Society
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    • v.33 no.5
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    • pp.41-50
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    • 2013
  • Economic feasibility study using weighted average variable Jeju System Marginal Price, SMP, was conducted for Gasiri wind farm of Jeju Island. To predict the variable Jeju SMP, generator share ratio for SMP was calculated from the real time wind power production and the power demand data for years. Also, sensitivity analysis on Net Present Value, NPV, and Benefit/Cost Ratio, B/C ratio, were performed to clarify which factors are more important in assessing economic feasibility. The result shows that the Gasiri wind farm has a minimum of 110 billion won and a maximum of 132 billion won difference between fixed and variable SMP. Also, Capacity Factor, C.F., had the highest sensitivity for NPV, followed by SMP. Accordingly, when economic analysis for a potential wind farm site is carried out, the variable SMP as well as C.F. should be considered for more accurate assessment of the wind farm.

Feasibility of Serum Pentosidine Level as a Potential Risk Factor for Osteoporotic Vertebral Compression Fracture

  • Choi, Dong-Hyuk;Lee, Sang-Min;Lim, Sung-An;Choi, Yong-Soo
    • Asian Spine Journal
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    • v.12 no.6
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    • pp.992-997
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    • 2018
  • Study Design: Feasibility study. Purpose: To evaluate the feasibility of using serum pentosidine level as a potential marker for osteoporotic vertebral compression fracture (OVCF). Overview of Literature: A review of previous studies suggests a negative correlation between serum pentosidine concentration and bone strength. However, it is unclear whether serum pentosidine level might be a potential marker of OVCF in Koreans. Methods: Forty patients who underwent bone mineral density examination were included in this study, and their serum pentosidine levels were prospectively analyzed. Serum pentosidine level was evaluated using enzyme-linked immunosorbent assay. Among all the patients, 11 with OVCF were assigned to the vertebral fracture group and 29 who did not have vertebral fracture were included in the non-fracture group. In addition, we used the Fracture Risk Assessment (FRAX) tool Korean version for assessing the 10-year probability of fracture. Results: There was a statistically significant difference in the mean serum pentosidine level (p=0.04) of the vertebral fracture group (110.8 ng/mL) and the non-fracture group (64.3 ng/mL). Logistic regression analyses showed that serum pentosidine was significantly associated with OVCF. The vertebral fracture group had significantly higher 10-year probability of major osteoporotic fracture as per FRAX than the non-fracture group. There was a positive correlation between pentosidine level and FRAX results (r=0.35, p=0.02). Conclusions: These results suggest that increased serum pentosidine level could be a potential marker for OVCF.

The Value Assessment for Indirect Benefits of Road Project Using Contingent Valuation Method (조건부가치측정법을 이용한 도로사업의 간접편익 추정)

  • Kim, Kyong Ju;Kang, Ki Yong;Kim, Kyoungmin
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.30 no.1D
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    • pp.61-70
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    • 2010
  • In case of low benefit project with low traffic or high-priced project, existing analysis of cost and benefit tends to present a low feasibility. However, considering the improvement of environment, intensification of disaster prevention, public stability of countryside area and formation of good scenery, these projects can have a feasibility. This paper analyzes and summarizes the indirect benefit of some ripple effects, caused by road projects, and presents the methodology and process in order to change the indirect benefit into monetary value.

Hollow Reinforced Concrete Bridge Column Systems with Reinforcement Details for Material Quantity Reduction: I. Development and Verification (물량저감 철근상세를 갖는 중공 철근콘크리트 교각 시스템: I. 개발 및 검증)

  • Kim, Tae-Hoon;Lee, Jae-Hoon;Shin, Hyun-Mock
    • Journal of the Earthquake Engineering Society of Korea
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    • v.18 no.1
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    • pp.1-8
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    • 2014
  • The purpose of this study was to investigate the performance of hollow reinforced concrete bridge column systems with reinforcement details for material quantity reduction. The proposed reinforcement details have economic feasibility and rationality and make construction periods shorter. A model of hollow reinforced concrete bridge columns was tested under a constant axial load and a quasi-static cyclically reversed horizontal load. As a result, proposed reinforcement details for material quantity reduction were equal to existing reinforcement details in terms of required performance. The companion paper presents the experimental and analytical study for the performance assessment of hollow reinforced concrete bridge column systems with reinforcement details for material quantity reduction.

A Study of Noise Elect for Selecting Eco-friendly Railways (철도노선 선정에 미치는 소음에 관한 연구)

  • Park, Byung-Eun;Kim, Myeong-Gyu;Han, Sung-Woo;Kim, Dong-Gi;Park, Kwang-Heyun
    • Proceedings of the Korean Society for Noise and Vibration Engineering Conference
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    • 2006.11a
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    • pp.244-247
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    • 2006
  • Railway is superior to the other land transportation systems in aspects of energy efficiency and environmental problems. Energy efficiency and environmental problems are not considered during a preliminary feasibility study. Investment for railway is low because of low B/C in the economical efficiency analysis during the preliminary feasibility study. The body of this paper studies the data which can reflect environmental problems an assessment of environmental impact. Investment for railway would be higher when main environmental elements are considered before the choice of the railway lines.

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Development of Hollow Reinforced Concrete Bridge Column Sections with Reinforcement Details for Material Quantity Reduction (물량저감 철근상세를 갖는 중공 철근콘크리트 교각단면의 개발)

  • Kim, Tae-Hoon;Lee, Jae-Hoon;Shin, Hyun-Mock
    • Journal of the Earthquake Engineering Society of Korea
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    • v.17 no.3
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    • pp.107-115
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    • 2013
  • The purpose of this study was to investigate the performance of hollow reinforced concrete bridge column sections with reinforcement details for material quantity reduction. The proposed reinforcement details has have economic feasibility and rationality and makes construction periods shorter. A model of column sections with reinforcement details for material quantity reduction was tested under quasistatic monotonic loading. As a result, the proposed reinforcement details for material quantity reduction was were equal to existing reinforcement details in terms of the required performance. In the a subsequent paper, the an experimental and analytical study will be performed for the performance assessment of hollow reinforced concrete bridge column sections with reinforcement details for material quantity reduction will be performed.

A study on the Dynamic Cost-Benefit Analysis with System Dynamics: Modeling and Economic Feasibility (시스템 다이내믹스 기법을 활용한 동태적 비용편익분석 모델구축과 사업성 평가에 관한 연구)

  • 최남희;전재호
    • Korean System Dynamics Review
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    • v.3 no.2
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    • pp.113-140
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    • 2002
  • The cost-benefit analysis is a technique for assisting with decision about the use of society's scare resources. There exists no detailed assessment like cost-benefit analysis. But recently, many policy analysts criticized the merit of cost-benefit analysis. As it is, it can be said that partial or approximate estimates of benefit and cost may be more dangerous than helpful. The purpose of this study is to overcome the limit of traditional cost-benefit analysis. For this purpose, we use the system dynamics approach for setting up new cost-benefit analysis, which we named that ‘Dynamics Cost-Benefit Analysis'. The usefulness of ‘Dynamics Cost-Benefit Analysis' is as follows; finding structural causal relationship between cost factors and benefit factors, understanding the long-term behavior of systems economic feasibility. In this study, we apply 'Dynamic Cost-Benefit Analysis' to case that is construction investment of funeral house by local government sector.

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Analysis of Micro Energy Building Operation (Micro Energy Building 운영사례 분석)

  • Choi, Hyeong-Jin;Park, Si-Sam;Na, Sang-Min
    • 한국신재생에너지학회:학술대회논문집
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    • 2011.11a
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    • pp.140.2-140.2
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    • 2011
  • Renewable energy(RE) systems have difficulties in operating and management due to the intermittency of the energy generation. Stochastic supply profiles of RE creates problems for mechanical and electrical design in relation to the selection of technology types and capacities of RE to be installed. This paper presents an methodology of the feasibility assessment of RE-integrated energy systems on the basis of hourly demand/supply analysis tools. Also, this paper shows the feasibility and the usefulness of GS REMA(Renewable Energy Matching Analysis) and HOMER by comparing actual energy data.

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A Study of the Benefit Cost of The Railway Nosie (철도소음의 편익비용 추정)

  • Park, Byung-Eun;Jang, Bong-Hee;Han, Sung-Woo;Kim, Dong-Gi;Park, Kwang-Heyun
    • Proceedings of the Korean Society for Noise and Vibration Engineering Conference
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    • 2006.05a
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    • pp.1465-1468
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    • 2006
  • Railway is superior to the other land transportation systems in aspects of environmental problems. Environmental problems are not considered during a preliminary feasibility study. Investment for railway is low because of low B/C(benefit/cost)ratio in the economical efficiency analysis during the preliminary feasibility study. The body of this paper studies the railway noise which can reflect environmental problems an assessment of environmental impact. The body of this paper studies the presumption of The Benefit Cost of railroad noise arresting it will be able to reflect the evaluation environmental matter of the effect which it gives to an environment.

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A Feasibility Analysis of the Durometer for Setting Time Assessment of the High Fluidity Concrete with SCMs (혼화재 치환 고유동 콘크리트에서 응결시간 판정시 듀로메타 사용 가능성 분석)

  • Lee, Hyuk-Ju;Lee, Young-Jun;Kim, Tae-Woo;Min, Byeong-Oh;Lee, Jun-Seok;Han, Min-Choel
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2018.05a
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    • pp.187-188
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    • 2018
  • For the concrete construction, finishing process is inevitable for crack control and improving permeability. The finishing process is closely related with setting time, but currently, the timing of the finishing process is not managed with scientifically but feeling of the workers. In this research, therefore, by comparing with the setting time measured with penetrating method, the feasibility of durometer for measuring setting time was analyzed. As a result, there was a high relationship between setting time measured with penetration method and durometer. Therefore, it is expected that using durometer can be a good solution for assessing setting time for finishing process.

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