• Title/Summary/Keyword: Life cycle costing

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A Study on the Optimal System Sizing of the Standalone Photovoltaic Power Generation System for Uninterruptible Power Supply (독립형 태양광 발전 시스템의 무정전 전력공급을 위한 시스템 용량 최적 선정에 관한 연구)

  • Kim, Ki-Young;Choi, Woojin
    • The Transactions of the Korean Institute of Power Electronics
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    • v.23 no.2
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    • pp.77-85
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    • 2018
  • Renewable energy has been increasingly used and widely acclaimed as one of the solutions to rampant environmental problems. Among numerous kinds of renewable sources, the penetration rate of the PV system is relatively higher than that of others due to ease of installation. However, one disadvantage of the PV system is its dependence on weather condition. The PV system is especially critical when it is used for standalone systems because it cannot operate when the power generated from a PV module is not enough. Therefore, PV systems are often used with an energy storage system, such as batteries, to store backup energy when the weather condition is insufficient to supply power to the system. Blackout time can be reduced by increasing the size of the energy storage system, but it is a trade-off with system cost. In this work, optimal sizing of a standalone PV system is proposed to supply power to the system without blackout. The sizing of PV modules and batteries is performed by a simulation based on actual irradiation data collected during the past five years. The Life cycle costing of each system is evaluated to determine an optimal set of PV modules and batteries among several different combinations. The standalone PV system designed by the proposed method can supply power to the system with no interruption as long as the weather condition is similar to those of the past five years.

Development of an Economic Assessment Model for the Selection of Indoor Air Pollutant Low Emission Material for G-SEED (G-SEED용 실내공기 오염물질 저방출 자재 선정을 위한 경제성 평가 모델 개발)

  • Kwon, Seong-Min;Kim, Byung-Soo
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.41 no.3
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    • pp.289-296
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    • 2021
  • The Korean construction industry has been implementing G-SEED, a certification system that evaluates the environmental properties of buildings for the purpose of reducing environmental burdens such as energy and resource consumption and pollutant emissions. Also, creating a pleasant environment in general is one more purpose of G-SEED certification system. However, G-SEED certification in practice is difficult and time consuming due to the complexity of the certification acquisition process coupled with little economic consideration for the materials of each certification item. Therefore, in this study, we present a model for the optimal selection of materials and economic assessment using a genetic algorithm. The development of the model involves building a material database based on life-cycle costing (LCC) targeted at "Application of Indoor Air Pollutant Low Emission Material" from G-SEED. Next, the model was validated using a real non-residential building case study. The result shows an average cost reduction rate of 74.5 % compared with the existing cost. This model is expected to be used as an economically efficient tool in G-SEED.

Satisfaction Level and Performance Evaluation for CM Service in Korea (국내 건설사업관리 업무만족도 및 성과평가)

  • Kim, Won-Tae;Chang, Chul-Ki
    • Korean Journal of Construction Engineering and Management
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    • v.14 no.4
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    • pp.108-117
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    • 2013
  • The domestic CM business market has continued to grow, but its size is relatively small yet in comparison with the total size of the domestic construction industry. Evaluation of CM projects was conducted through questionnaire surveys. Both clients and CM firms showed positive satisfaction levels. Nevertheless, the clients' satisfaction levels were relatively low in safety management, cost management, and document and information management. Superior areas of CM tasks were time management and recovery scheduling, quality control and technical instruction, and design value engineering. On the other hand, inferior areas of CM tasks were claim analysis and dispute resolution, cost estimation, and life cycle costing. Both entities have agreed with the positive effects of CM involvement in terms of cost saving, time reduction, quality improvement, and safety incidents prevention to at least 0~5% extent.