• Korean Journal of Chemical Engineering
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• 제35권12호
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• pp.2348-2354
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• 2018

We designed a conceptual model of the 2.3-BDO dehydration process using a hydroxyapatite-alumina catalyst and estimated its economic feasibility to predict the appropriate range of the purchase price of 2,3-BDO on commercial scale. The conceptual design and economic analysis can offer valuable information for the industrial application of 2,3-BDO because the most relevant studies have limitation in laboratory scale. Furthermore, the adequate range of 2,3-BDO price, in which the process has profitability, was investigated with the current market prices of 1,3-BD. The investigated price in terms of 2,3-BDO dehydration can pertain to estimation of the economic feasibility in 2,3-BDO production process.

• Journal of Electrical Engineering and Technology
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• 제9권5호
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• pp.1501-1510
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• 2014

Low voltage direct current (LVDC) distribution system is a suitable techno-economic candidate which can create an innovative solution for distribution network development with respect to rural electrification. This research focuses on the use of LVDC distribution system to replace some of KEPCO's existing traditional medium voltage alternating current (MVAC) distribution network for rural electrification in South Korea. Considering the technical and economic risks and benefits involved in such project, a comparative techno-economic analysis on the LVDC and the MVAC distribution networks is conducted using economic assessment method such as the net present value (NPV) on a discounted cash flow (DCF) basis as well as the sensitivity analysis technique. Each would play a role in an economic performance indicator and a measure of uncertainty and risk involved in the project. In this work, a simulation model and a computational tool are concurrently developed and employed to aid the techno-economic analysis, evaluation, and estimation of the various systems efficiency and/or performance.

• 한국수소및신에너지학회논문집
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• 제32권5호
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• pp.417-429
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• 2021

Due to fossil fuel depletion and environmental pollution, H2 production from organic waste has received an increased attention. In this study, we present an integrated process for the H2 production from biogas and evaluate the economic feasibility and sustainability via rigorous techno-economic analysis (TEA) and life-cycle assessment (LCA). Through the TEA, we determine the minimum H2 selling price using discounted cash flow analysis and investigate the main cost drivers. The environmental impact of the proposed process is quantified via LCA.

• Korean Chemical Engineering Research
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• 제58권3호
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• pp.362-368
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• 2020

합성가스는 화학제품 및 수송연료의 원료로 이용되며, 최근 목질계 바이오매스의 가스화를 통한 합성가스 생산기술에 대한 연구가 다수 진행되었다. 케나프는 높은 생산성과 이산화탄소 흡수율을 가지는 목질계 바이오매스로 이산화탄소 저감을 위한 대체자원으로서 활용 가능성이 높다. 본 연구는 케나프 가스화 실험연구 데이터를 바탕으로 상용 수준의 케나프 가스화 공정을 개발하고, 해당 공정의 타당성 및 실현가능성을 평가하는 연구로서, 케나프 가스화 통합공정 설계, 열교환망 설계, 기술경제성 평가로 구성된다. 개발된 공정으로부터 생산되는 합성가스의 최소판매가격은 1 GJ당 9.55 달러로, 합성가스의 시장가격보다 낮은 것을 확인하였다.

• 한국조명전기설비학회:학술대회논문집
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• 한국조명전기설비학회 2009년도 추계학술대회 논문집
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• pp.255-258
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• 2009

This paper gives a feasibility reference of integrating power automation for digital substation. An overview and techno-economical potential of IEC61850 are introduced. The result of economic analysis is shown to save up to one-third of the total cost of automation installation. The gained benefits can be used to increase the economy and reliability of electrical power system.

• 경영과학
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• 제19권2호
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• pp.91-124
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• 2002

The use of network planning models and tools is essential for effective KII (Korea Information Infrastructure) planning and analysis in that it will significantly reduce the risk and uncertainty embeded in the development and the provision of future broadband services. The purpose of this study is to develop a theoretical framework and a computer tool for modeling the various aspects of the KII topology and architecture and evaluating the techno-economic feasibility of the KII implementation strategy.

• Advances in nano research
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• 제16권5호
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• pp.521-529
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• 2024

The integration of nanoparticles into various industries has spurred interest in understanding their impact on logistics and transportation systems. In this study, we investigate the effect of nanoparticles on the economic aspects of railway logistics transport using a mathematical model. By incorporating factors such as transportation costs, time efficiency, and environmental considerations, we aim to assess the overall economic feasibility of integrating nanoparticles into railway logistics operations. Through mathematical modeling and analysis, we explore how the introduction of nanoparticles affects cost-benefit analyses, resource allocation, and decision-making processes within railway logistics. Our findings provide valuable insights into the economic implications of nanoparticle integration in railway transport, offering potential strategies for optimizing logistics operations and enhancing overall efficiency and sustainability.

• Advances in Energy Research
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• 제2권2호
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• pp.85-95
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• 2014

Small Hydro-Power (SHP) is an environmental friendly technology. Usually hydro power generation projects are viewed as constructing large dams and reservoirs but available new research and engineering techniques have helped hydro power generation without large dams and without large reservoirs. In India, there are several water installations, irrigation dams, canals, streams or running rivers not tapped to generate power. In these cases the existing system and facilities can help in generating power with less investment and time. This area is yet unexplored. Harnessing a stream for hydroelectric power is a major undertaking for the energy crises and the global issues to go green. In this technical note a potential site for mini hydro power plant nearby Shoolini University is identified and examined for the economic feasibility.

• 한국수소및신에너지학회논문집
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• 제34권3호
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• pp.235-245
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• 2023

Techno-economic analyses on a 5-MW water electrolysis system for hydrogen production, operated in Jeju Island where the portion of renewable energy in the power grid is the highest in Korea, have been performed. The cost of hydrogen production and the economic feasibility of the hydrogen production system have been mainly analyzed based on the levelized-cost-of-hydrogen model. The effects of carbon emission trading and renewable power purchase method have been considered to reduce the cost of green hydrogen production in the case studies. This economic analysis model is expected to be used to derive a business model for green hydrogen production.

• 산업경영시스템학회지
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• 제28권1호
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• pp.147-157
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• 2005

The purpose of this study is to develope the model of economy analysis and evaluation to justify the effect of economic feasibility for constructing ERP system in the company. Since the results for the evaluation of alternatives are influenced by the nature of capital and the circumstances, it is very difficult to evaluate the alternatives and it takes too much time to apply it in the field on account of many alternatives. This study suggests establishment and application of the model on economic analysis and evaluation regarding the nature of capital by using excel spread sheets.