• Smart Structures and Systems
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• 제16권4호
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• pp.743-758
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• 2015

This paper presents an advanced life cycle cost (LCC) analysis of a ground source heat pump (GSHP) system and suggests a smart operation mode with a thermal performance test (TPT) and an energy pile system constructed on the site of the Incheon International Airport (IIA). First, an economic analysis of the GSHP system was conducted for the second passenger terminal of the IIA considering actual influencing factors such as government support and the residual value of the equipment. The analysis results showed that the economic efficiency of the GSHP system could be increased owing to several influential factors. Second, a multiple regression analysis was conducted using different independent variables in order to analyze the influence indices with regard to the LCC results. Every independent index, in this case the initial construction cost, lifespan of the equipment, discount rate and the amount of price inflation can affect the LCC results. Third, a GSHP system using an energy pile was installed on the site of the construction laboratory institute of the IIA. TPTs of W-shape and spiral-coil-type GHEs were conducted in continuous and intermittent operation modes, respectively, prior to system operation of the energy pile. A cooling GSHP system in the energy pile was operated in both the continuous and intermittent modes, and the LCC was calculated. Furthermore, the smart operation mode and LCC were analyzed considering the application of a thermal storage tank.

• 한국수소및신에너지학회논문집
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• 제33권6호
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• pp.643-659
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• 2022

For the economic analysis of fuel cells, levelized cost of electricity was calculated according to the type, capacity, and annual production of the fuel cells. The cost of every component was calculated through the system component breakdown. The direct cost of the system included stack cost, component cost, assembly, test, and conditioning cost, and profit markup cost were added. The effect of capacity and annual production was analyzed by fuel cell type. Sensitivity analysis was performed according to stack life, capital cost, project period, and fuel cost. As a result, it was derived how much the economic efficiency of the fuel cell improves as the capacity increases and the annual production increases.

• 대한설비공학회:학술대회논문집
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• 대한설비공학회 2007년도 동계학술발표대회 논문집
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• pp.459-465
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• 2007

This study was conducted to calculate the LCC of a apartment complex with a type of heating system, district heating and cogeneration system. For the purpose of analyzing LCC according to size of apartment complex, 500, 1,500 and 4,000 houses of model apartment selected. This research performs design of heating system and the life cycle cost analysis including an initial cost, energy cost, maintenance and operation cost, replacement cost and renovation cost during the project period(15years). According to the calculated results, 1) Initial cost of cogeneration system with 500, 1500 and 4000 houses is higher than district heating system each of 20%, 13%, 12%. 2) In case of cogeneration system, the payback period by electric generation is 5.21, 4.92 and 4.47 years and saving cost was calculated 29 billion won, 94 billion won and 262 billion won after payback period. 3) Cogeneration system LCC was 1.12, 1.07 and 1.06 times larger than district system with the size of apartment complex. According to the case of this study district heating system is more efficient than cogeneration system in terms of the reduction of LCC. 4) Gas Engine Co-generation System is more efficient than other systems because it can collect progressive part from electric charge progressive stage system. However, the efficiency is decreasing because of raising of fuel bills(LNG) and lowering of power rate for house use. Especially the engine is foreign-made so the cost of maintenance and repair is high and the technical expert is short. 5) District heating is also affected by fuel bills so we should improve energy efficiency through recovering of waste heat(incineration heat, etc.). Also, we should supply district cooling on the pattern of heat using of let the temperature high in winter and low in summer.

• 대한설비공학회:학술대회논문집
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• 대한설비공학회 2008년도 하계학술발표대회 논문집
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• pp.1117-1121
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• 2008

Recently energy consumption and $CO_2$ emission issue are important problem on international society. The present study has been conducted economic analysis considering economical value of $CO_2$ reduction effect. We analyze annual energy cost and annual $CO_2$ emission of the cogeneration system and gas boiler system in hotel. The first results shows that annual energy cost of cogeneration system (751,740,126 won) is more profitable than gas boiler system (801,128,408 won) by 6.2% (49,388,281 won). The second results shows that annual $CO_2$ emission of cogeneration system (3,297 ton) is less than gas boiler system (3,536 ton) by 6.8% (239 ton). The Economical value of $CO_2$ reduction effect is 4,773,898 won. The cost effect according to the reduction of $CO_2$ is corresponding to 9.7% of reduction cost for total energy cost. The result of this study means that $CO_2$ reduction effect is essential item in introduction and change of facility for economic analysis.

• 상하수도학회지
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• 제26권4호
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• pp.513-520
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• 2012

The use of food waste disposers (FWDs) can be an emerging option to manage organic food wastes in municipal sewage system. The cost-benefit analysis (CBA) of introducing domestic FDWs is conducted to access the allowable disposer market price and the economic impact on food waste management from conventional solid waste management system. If the convenience value of 10,000 won/month is taken into consideration based on survey results, the introduction of FDWs can lead to net economic benefits, allowing the capital cost of disposer up to 1,000,000 won/unit. Without the consideration of convenience value, the introduction of FWDs becomes profitable if the capital cost of disposer is less than 50,000 won/unit. In case that the value of convenience is more than 7,000 won/month, the reduction of food waste management cost is not valid for the introduction of FWDs to be non-profitable. However, if environmental externalities are considered, the proposed system could become breakeven with the cost of food waste management decreases by 54 % (60,000 won per ton).

• 한국철도학회논문집
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• 제9권1호
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• pp.23-28
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• 2006

Many services have been served by the exiting subway systems since they have opened in 1975. But its efficiency and competition were going down because of the high construction cost and difficult connection with other transportations, etc. Otherwise, the light rail transit system is much lower construction cost than the subway and the high way building. Also those systems are good at the inexpensive operation cost, the fixed time and safety, the easy access. Recently, the several provinces are planning or advancing the light rail transit system because of these many benefits. Consequently, those system's economical feasibility analysis is required rapidly to show the resonable construction's cause and to get the private investment. This paper offers the system's economical feasibility through the several benefit analysis after the light rail transit system's construction.

• 시스템엔지니어링워크숍
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• 통권1호
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• pp.60-64
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• 2003

In this study, we have analyzed the cost of korea high-speed railway system. The predicted cost in planning phase and adjustment data to 5th year are collected. Then, predicted cost is compared with adjustment in year/item/system base. We make a project history table for criteria to review project history and research & development activity. We have developed CBS(cost breakdown structure) and allocated adjustment data to them. It is shown that cost prediction related to research & development activity in planning phase is relatively correct.

• 대한설비공학회:학술대회논문집
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• 대한설비공학회 2009년도 하계학술발표대회 논문집
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• pp.315-320
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• 2009

Thermoeconomics or exergoeconomics can be classified into the three fields of cost estimating, cost optimization, and internal cost analysis. The objective of cost estimating is to estimate each unit cost of product and allocate each cost flow of product such as electricity or hot water. The objective of optimization is to minimize the input costs of capital and energy resource or maximize the output costs of products under the given constraints. The objective of internal cost analysis is to find out the cost formation process and calculate the amount of cost flow at each state, each component, and overall system. In this study, a new thermoeconomic methodology was proposed in the three fields. The proposed methodology is very simple and obvious. That is, the equation is only each one, and there are no auxiliary equations. Any energy including enthalpy and exergy can be applied and evaluated by this equation. As a new field, the cost allocation methodology on cool air or hot air produced from an air-condition system was proposed. Extending this concept, the proposed methodology can be applied to any complex system.

• 한국농공학회:학술대회논문집
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• 한국농공학회 2000년도 학술발표회 발표논문집
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• pp.239-245
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• 2000

This study is aimed to develop the historical data management system named "ACON"(Actual COst Network system) which can be used for collecting, analysis and modification of the historical data. ACON_Local is used for collecting the historical data at each spot place. It redueces the work potential of managers, spending time and cost. ACON_Analysis is to analyze the collection , modifies the data′s error and updates the historical database. ACON_Network is developed to transfer data from ACON to Web server or opposites. The proposed model, ACON, provide the easy way for the cost estimate system, "HiCOMS" to collect, analyze and modify the historical cost evaluated data, which is used to compose the historical data base.

• KIEAE Journal
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• 제6권1호
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• pp.3-10
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• 2006

As has been expected, economic factors are a major consideration in almost every decision in building design process. Assuming that improving a lighting system, existing or proposed, will reduce operating cost, what preliminary economic guidelines can be established to determine whether any proposed investment appears cost effective? In such a case a reasonable technique to compare system costs is by life-cycle costing. Stated simply, a life-cycle cost represents the total cost of a system over its entire life cycle, that is, the sum of first cost and all future costs. This paper aims to exemplify the benefit of daylighting in term of economic consideration. Four different electric lighting system designs are proposed and a lighting control system that is continuously operating according to the level of daylight in the space has been adapted. The accumulated performance of electric and daylighting is figured out to declare the effective depth of daylight in the space. The analysis on the saving amount of lighting energy due to daylight has been undertaken in answer to the question, that is, several projects are being considered, which is the most desirable from the cost-effectiveness viewpoint. The result shows clearly that although denser layout of lighting fixtures might be more effective to interface to the level of daylight ceaselessly changeable, its economic benefit may not meet the expected criterion the reason of increased initial investment and maintenance cost for the fixtures and control hardware.