• Title/Summary/Keyword: Price reduction

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Empirical Research on Application of ICT for Reduction of Energy Consumption of Hospital Buildings (ICT를 활용한 병원건물의 에너지 절감방안 연구)

  • Lee, Junghwan;Han, Youngdo;Kim, Dongwook
    • The Journal of the Korea Contents Association
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    • v.18 no.1
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    • pp.422-430
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    • 2018
  • Increase in oil prices and building energy consumption has been a great burden for Korea which has significant energy dependence on foreign energy sources. In this context, reduction of building energy consumption, which comprises 40% of total energy consumption, is a very important issue. This research therefore empirically analyzed a hospital "P" that implemented ICT-based energy consumption and cost reduction initiative. The hospital first replaced existing water absorber for heating/cooling air and boiler for heating water with water heat storage heat pump system. This was accompanied by subscribing to different electricity price plans to maximize cost reduction. Secondly, the hospital additionally applied ICT-based optimized control algorithm that considers surrounding factors (external temperature, changes in energy demand). The analysis of these mechanisms indicate that the ICT-based energy consumption and cost reduction initiative for hospitals can reduce energy consumption by 53.6% with replacement of low-efficiency equipment and additionally by 18.2% with optimized control algorithm. The mechanisms will provide energy consumption reduction opportunities for other hospitals and buildings with high energy consumption.

Ceramic veneers without tooth reduction: A clinical report

  • Lee, Wonsup;Kwon, Ho-Beom
    • The Journal of the Korean dental association
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    • v.54 no.5
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    • pp.342-347
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    • 2016
  • This clinical report presents conservative and esthetic ceramic veneer treatments without tooth reduction. Patients' benefit from avoiding invasive procedure is discussed in terms of biologic price. The margin is placed not only at the cervical area, but also at any place on the tooth where additive volume increase is required. Techniques to camouflage the margin is described where contact lens effect is difficult to achieve. Proper case selection would be imperative to avoid periodontally hazardous restoration.

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On the Development of a Direct-Drive SCARA Robot (직접구훈(直接驅勳) 방식(方式)의 SCARA형(型) 로봇의 개발(開發)에 관(關)하여)

  • Lee, Gwan-Hyung
    • Proceedings of the KIEE Conference
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    • 1991.07a
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    • pp.813-816
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    • 1991
  • Direct-drive SCARA-type industrial robots are increasingly used in the assembly process of small mechanical parts as well as electronic components, which uses direct-drive (DD) motors instead of reduction gear-type conventional motors for the actuators of manipulator arms. There are many advantages in using DD motors for robots, such as no backlash, low friction, high mechanical stiffness capability for fast and precise arm control, and high repeatability of positioning. However, there exist a number of difficulties which must be overcome to ensure proper construction and operation; increasing effects of load veriation and nonlinear and coupling dynamics, severe vibration caused by resonance of the manipulator components and low mechanical damping, etc. In order to handle these difficulties, lots of efforts have been made such as reduction of the arm inertia and elimination of the resonance, Performance evaluation of a recently developed, domestic DD robot shows that it works excellently compared with conventional robots. It, however, requires proved reliability and price competitiveness against its foreign counterparts.

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Economic Assessment of Biomass Heating for Rural Application (바이오매스를 이용한 농업용 난방계획의 경제성 검토)

  • Hong, Seong-Gu
    • Journal of The Korean Society of Agricultural Engineers
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    • v.47 no.2
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    • pp.45-52
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    • 2005
  • Biomass is one of the most competitive renewable energy resource and can be used for heating for rural applications. A economic assessment was made of biomass heating, using the tool BIOH2000 from $RETScreen^{\circledR}$ International Clean Energy Decision Support Centre. For a 260kW heating system for 50 farm houses, the assessment showed a very promising results. Internal rate of return was $19.7\%$ and year-to-positive cash flow was 5.1 years. Relative price of biomass over fossil fuel significantly affected the economic feasibility of the project. Heating demand was directly related to annual demand of biomass and economic feasibility. Relative cost of distribution pipe over the total initial costs also affected the economic feasibility of the project. The economic feasibility was expected to be improved by the probable greenhouse emission reduction credit and reduction of initial costs through utilizing existing heating system for peak or back up heating system.

Quality Evaluation of Hard Anodizing Zone for Lightness of the EV Brake Disks (EV 브레이크 경량화를 위한 하드아노다이징 부의 성능 평가)

  • Park, C.S.;Sung, B.S.;Cha, Y.H.;Kim, J.Y.;Lee, J.H.;Park, Y.S.;Kang, D.J.
    • Journal of the Korean Society of Manufacturing Technology Engineers
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    • v.21 no.1
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    • pp.90-94
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    • 2012
  • This study evaluates the strength of surface treatment parts using the hard anodizing method to the aluminum alloy brake disks. In order to achieve weight reduction of vehicles, Eco-friendly cars parts of the high-quality and competitive price is to equip. Especially while pursuing parts of weight reduction, it has to maintain the strength of the surface of the brake by nature. To enhance surface strength of aluminum alloy, we use hard anodizing technology in the surface treatment. This study is resulted of 3 times greater the hardness value of the hard anodized specimen than the aluminum alloy specimen for the lightweight parts of EV brake disk

Study for Power Management System using Regenerative Energy in Electric Railway Systems (회생에너지를 이용한 도시철도 전력관리시스템 구축에 관한 연구)

  • Lee, Hansang;Cho, Yoonsung;Kim, Hyungchul;Jung, Hosung
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.63 no.1
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    • pp.191-196
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    • 2014
  • For the large scale of electricity consumer, since the price for the electricity consumption depends on the peak power, the issue for peak power reduction have been being studied widely. Electric railway systems, which is one of the most representative large scale of loads, also has assignment to reduce the peak power since they have high peak power and low energy consumption load characteristics. In the aspect of the economic operation through reduction of peak power, this paper proposes a novel algorithm for power management system in electric railway systems using energy storage.

Technical Proposal based Bidding System Applying the Concept of the Lowest Total Combined Bid Price for Supplying Affordable Housing (최저통합환산가격 개념을 적용한 기술제안 기반 입찰제도)

  • Cho, Gun-Hee;Kang, Seung-Hee;Lee, Jeong-Seok;Sohn, Jeong-Rak;Bang, Jong-Dae
    • Korean Journal of Construction Engineering and Management
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    • v.11 no.2
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    • pp.94-105
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    • 2010
  • Recently, resettlement problems of low income groups in the urban regeneration area have been issued in Korea because they have no capability to purchase (or lease) redeveloped housing (or apartment). There are several approaches for supplying affordable housing and one of these is the bidding system which can reduce construction cost. However, the lowest bidding system has many problems such as dumping and substandard quality. In this context, this study proposed bidding system based on technical proposal applying the concept of the lowest total combined bid price for optimization of bid price, reduction of construction cost and period, and maintenance of suitable quality. This bidding system embraces the best value and cost plus time concept on the basis of an improved lowest price bidding system. It consists of the following components: work unit based, project unit based, and period reducing technical proposals. The proposed bidding system for determining bidders are designed to evaluate the adequacy of each technical proposal in the order of the combined minimum price in an effort to effectively optimize bid prices and reduce the construction periods, as well as to maintain a minimum appropriate quality.

Illegal Transactions and Import Restriction Policy (불법거래행위(不法去來行爲)와 수입제한정책(輸入制限政策))

  • Lee, Hong-gue
    • KDI Journal of Economic Policy
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    • v.12 no.2
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    • pp.81-94
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    • 1990
  • Illegal transactions such as blackmarketing and smuggling allegedly result from too restrictive trade policies. A recent U.S. Senate hearing on the blackmarketing of American goods imported into Korea for the purpose of supporting United States troops and their dependents stationed in Korea concluded with the allegation that Korea's highly restrictive trade practices are responsible for the emergence of the black market. It has also suggested that the removal of such restrictive trade policies would eliminate black market activities. This study addresses the relationship between trade policy and blackmarketing by investigating whether trade liberalization results in the reduction of illegal transactions, and whether the eradication of blackmarketing indeed improves social welfare. When both legally imported goods and illegally exchanged items command the same price, trade liberalization, meaning a decrease in tariff rates or an increase in import quotas, will increase the quantity of legal imports at the expense of illegally transacted goods on the black market. But the price of legally imported goods usually differs from that of illegally sold ones. In this case, a change in the relative prices of these two groups of goods due to a change in trade policy will give rise to income, as well as substitution, effects. Initially, a decrease in the import price due to a decrease in import tax rates or an increase in the allotted quota will reduce illegal transactions, since the decrease in the import price will induce the substitution of legal imports for illegally exchanged, but otherwise, identical goods. On the other hand, the demand for the illegally transacted goods will rise, because of the income effect of the reduced import price. Thus, assuming the positive income effect overwhelms the negative substitution effect, the demand for illegal goods will increase, thwarting the reduction of blackmarketing through trade liberalization. Yet, stepping up the enforcement measures which are geared to preventing blackmarketing itself will drastically reduce the extent of illegal transactions, since it increases the cost of blackmarketing and hence the price of the illegally transacted goods. What this study suggests is that the emergence of the black market in Korea should be attributed more to the excessive supply of duty-free goods imported through U.S. commissaries and exchanges than to the excessive demand for foreign goods. On the other hand, blackmarketing, in most cases, improves economic welfare, since it constitutes an increase in the "actual" amount of imported goods. Suppressing blackmarketing through stepped-up enforcement methods is beneficial only when the substitution effect of the legally transacted goods resulting from the increase in the price of the illegal goods prevails, since the increase in the demand for legal imports must override the decrease in the demand for black market goods as well as the negative income effect.

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Low Temperature Nanopowder Processing for Flexible CIGS Solar Cells (플렉시블 CIGS 태양전지 제조를 위한 저온 나노입자공정)

  • Park, Chinho;Farva, Umme;Krishnan, Rangarajan;Park, Jun Young;Anderson, Timothy J.
    • 한국신재생에너지학회:학술대회논문집
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    • 2010.06a
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    • pp.61.1-61.1
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    • 2010
  • $CuIn_{1-x}-GaxSe_2$ based materials with direct bandgap and high absorption coefficient are promising materials for high efficiency hetero-junction solar cells. CIGS champion cell efficiency(19.9%, AM1.5G) is very close to polycrystalline silicon(20.3%, AM1.5G). A reduction in the price of CIGS module is required for competing with well matured silicon technology. Price reduction can be achieved by decreasing the manufacturing cost and by increasing module efficiency. Manufacturing cost is mostly dominated by capital cost. Device properties of CIGS are strongly dependent on doping, defect chemistry and structure which in turn are dependent on growth conditions. The complex chemistry of CIGS is not fully understood to optimize and scale processes. Control of the absorber grain size, structural quality, texture, composition profile in the growth direction is important to achieving reliable device performance. In the present work, CIS nanoparticles were prepared by a simple wet chemical synthesis method and their structural and optical properties were investigated. XRD patterns of as-grown nanopowders indicate CIS(Cubic), $CuSe_2$(orthorhombic) and excess selenium. Further, as-grown and annealed nanopowders were characterized by HRTEM and ICP-OES. Grain growth of the nanopowders was followed as a function of temperature using HT-XRD with overpressure of selenium. It was found that significant grain growth occurred between $300-400^{\circ}C$ accompanied by formation of ${\beta}-Cu_{2-x}Se$ at high temperature($500^{\circ}C$) consistent with Cu-Se phase diagram. The result suggests that grain growth follows VLS mechanism which would be very useful for low temperature, high quality and economic processing of CIGS based solar cells.

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Evaluation of Economic Feasibility of Power Generation System using Waste Woody Biomass in a CFBC Plant (순환유동층연소로에서 폐목질계 바이오매스를 이용한 발전 시스템의 경제성 평가)

  • Kim, Sung-June;Nam, Kyung-Soo;Lee, Jae-Sup;Seo, Seong-Seok;Lee, Kyeong-Ho;Yoo, Kyung-Seun
    • Korean Chemical Engineering Research
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    • v.48 no.1
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    • pp.39-44
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    • 2010
  • Economic feasibility of power generation system using waste woody biomass in a circulating fluidized bed combustor has been investigated. Effects of important variables such as capital investment, cost of waste wood, certified emission reduction(CER), system marginal price(SMP) on the benefit of business have been analyzed. Internal rate of return(IRR) was predicted as 16.67%, which implicates the business is promising based on the assumptions such as SMP of 99 Won/kWh, capital cost of 10.65 billion won, and complimentary providing of waste wood. Major factors affecting the benefit of business were as follows; system marginal price, operational rate, capital investment, expenditure of waste wood, certified emission reduction. In addition, it must be necessary to consider CHP power plant providing steam as one of the means to diversify sales network, for the management of the business risk.