• Title/Summary/Keyword: economic efficiency analysis

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Economic Evaluation of Coals Imported in Last 3 Years for Power Plant Based on Thermal Performance Analysis (최근 3년간 수입 유연탄 분석 및 연소열성능 해석을 활용한 석탄화력 발전소 탄종 경제성 평가 연구)

  • Baek, Sehyun;Park, Hoyoung;Ko, Sung Ho
    • Journal of the Korean Society of Combustion
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    • v.18 no.3
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    • pp.44-53
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    • 2013
  • In this study, the economic evaluation for imported coals was conducted for power plant based on thermo-dynamical performance analysis. The number of coal types considered was 1,755 imported by five power generation companies in Korea during the 2010-2012. The higher heating value (HHV) of the coals ranged 4,000-6,500 kcal/kg, mostly sub-bituminous. The 1D thermo-dynamical performance modeling was performed for a 500 MWe standard power plant using PROATES code. It was founded that the low rank coals had negative effects on the plant efficiency mainly due to the increased heat loss by moisture, hydrogen and flue gas. Based on the performance analysis, the economic performance of the coals was evaluated. The apparent price of low-rank coals tended to be significantly lower than design coal; for example, the unit price of coal with a HHV of 4,000 kcal/kg was 57% of the reference coal having 6,080 kcal/kg. Considering the negative effects leading to a decrease in the thermal performance, heating value compensation, and increased parasite load, the corrected unit cost for the coal with 4,000 kcal/kg was 90.7% of the reference coal. Overall, the cost saving by imported coals was not high as expected.

A DEA analysis on Container Terminals in Northern Vietnam, 2005-2014

  • NGUYEN, Minh Duc;KIM, Sung-June
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2015.07a
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    • pp.165-166
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    • 2015
  • Sea-ports in Northern Vietnam have experienced a rapid growth of container throughput volume in recent years. To accompany with such development, huge investments also have been performed to enhance local ports capacity. It becomes a crucial task for the port authorities or the port stevedoring industry to improve the ports efficiency in order to customize national resources. In this paper, Data Envelopment Analysis (DEA) is employed to evaluate the relative efficiency of container terminals in Northern Vietnam by collecting data from terminals since 2005 up to now. The development progress of the given terminals will be presented before providing a relative comparison among those year by year. The DEA result is then analyzed and suggestions with regard to changes in local economic environment in near future are contributed.

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A comparative analysis of terminal efficiency on Northeast Asia and America container ports (동북아 지역과 미국 주요 컨테이너항만간의 효율성 비교 - DEA 기법을 중심으로 -)

  • Ha, Myun-Shin
    • Journal of Korea Port Economic Association
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    • v.25 no.3
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    • pp.229-250
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    • 2009
  • This paper aims to implement an empirical research about the efficiency of America and Northeast Asia pots, and to suggest an effective strategy which can operate these ports more well. This study tries to apply the Data Envelopment Analysis(DEA) model to America and Northeast Asia ports. DEA is a methodology of comparing the relative efficiency of each decision making unit(DMU) by comparing it with other DMUs having similar input and output structure, and is specially very useful when a form of production function of each DMU such as a port is not known. DEA provides the extent of inefficiency of DMUs, which is practically useful information (like the efficiency score and reference sets) required to improve efficiency. This paper analyzed the relative efficiency of 35 ports in America and Northeast Asia for 3 years from 2005 to 2007 through DEA-CCR, DEA-BCC model and scale efficiency. Accordingly, this paper evaluates the efficiency of America and Northeast Asia ports, grasps the position at the present time, and suggests an advanced direction in future.

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Analysis of the Economic Disaster Scale for Fog Case occurred at the Incheon International Airport (인천국제공항 안개사례를 통한 경제적 재해 규모분석)

  • Jung, Woo-Sik;Lee, Joong-Woo;Choi, Hyo-Jin;Kwon, Tae-Sun;Back, Jong-Ho;Park, Jong-Kil
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.15 no.2
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    • pp.40-47
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    • 2007
  • Poor visibility is very important information in aviation meteorology factor, because secure safety, trust and economical efficiency increase for aircraft movements. The Incheon International Airport 4 years recent times was to period aircraft movements delay and cancellation due to meteorology is 52% and 30%. And then fog is 63% and 43% in meteorology factor. Therefore, the analysis against the economic loss size of an airline due to the fog is necessary. This study is indirectly estimated economic disaster scale of flight return and cancellation due to the fog in the Incheon International Airport from 5 to 6 March 2006. This is based on an aviation operational statistics data and meteorology observation data. Result of estimated, total 14 flights return to Gimpo, Jeju and Gimhae in this period are about 208,205,700 won. And estimated total 10 flights cancellation are about 718,657,000 won.

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Reliability-based Life Cycle Cost Analysis for Optimal Seismic Upgrading of Bridges

  • Alfredo H-S. Ang;Cho, Hyo-Nam;Lim, Jong-Kwon;An, Joong-San
    • Computational Structural Engineering : An International Journal
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    • v.1 no.1
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    • pp.59-69
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    • 2001
  • This study is intended to propose a systematic approach for reliability-based assessment of life cycle cost (LCC) effectiveness and economic efficiency for cost-effective seismic upgrading of existing bridges. The LCC function is expressed as the sum of the upgrading cost and all the discounted life cycle damage costs, which is formulated as a function of the Park-Ang damage index and structural damage probability. The damage costs are expressed in terms of direct damage costs such as repair/replacement costs, human losses and property damage costs, and indirect damage costs such as road user costs and indirect regional economic losses. For dealing with a variety of uncertainties associated with earthquake loads and capacities, a simulation-based reliability approach is used. The SMART-DRAIN-2DX, which is a modified version of the well-known DRAIN-2DX, is extended by incor-porating LCC analysis based on the LCC function developed in the study. Economic efficiencies for optimal seismic upgradings of the continuous PC segmental bridges are assessed using the proposed LCC functions and benefit-cost ratio.

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Analysis of economic effects of expanding of biodegradable fishing gear (생분해 어구 보급 확대에 따른 경제적 효과 분석)

  • PARK, Subong;KIM, Hyun Young;YANG, Yong Su;EUH, Seung Seob;KANG, Da Young
    • Journal of the Korean Society of Fisheries and Ocean Technology
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    • v.55 no.4
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    • pp.372-377
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    • 2019
  • Recently, as the global problem of marine debris and marine plastics is getting serious, various ways to solve them have been proposed, and the use of the biodegradable fishing gear is proposed as an alternative. Currently, 13 types of biodegradable fishing gears are available, but their penetration rate is only 8.7%. However, the need for the use of the biodegradable fishing gear is growing as awareness of protecting marine ecosystems is growing. Therefore, in this study, the economic effects of the expansion of biodegradable fishing gear distribution in Korea's coastal areas were analyzed through the conservation of marine ecosystems, augmentation of fisheries resources, and augmentation of fishing efficiency. According to the analysis, the economic effects of 52,795 million won, 105,590 million won, and 158,385 million won was generated as the distribution of biodegradable fishing gear were expanded to 10%, 20% and 30% across all gill net and trap.

An Economic Analysis of the Effluent Heat Supply from Thermal Power Plant to the Farm Facility House (화력발전소 온배수열 활용 시설하우스 열공급 모형 경제성분석 연구)

  • Um, Byung Hwan;Ahn, Cha Su
    • Korean Chemical Engineering Research
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    • v.56 no.1
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    • pp.6-13
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    • 2018
  • Utilizing the heat of cooling water discharge of coal-fired power plant, pipeline investment costs for businesses that supply heat to agricultural facilities near power plants increase in proportion to installation distance. On one hand, the distance from the power plant is a factor that brings difficulties to secure economic efficiency. On the other, if the installation distance is short, there is a problem of securing the heating demands, facility houses, which causes economical efficiency to suffer. In this study, the economic efficiency of 1km length of standard heat pipeline was evaluated. The sensitivity of the heat pipe to the new length variation was analyzed at the level of government subsidy, amount of heating demand and the incremental rate of pipeline with additional government subsidy. As a result of the analysis, it was estimated that NPV 131 million won and IRR 15.73%. The sensitivity analysis showed that NPV was negative when the length of heat pipe facility exceeded 2.6 km. If the government supports 50% of the initial investment, the efficiency is secured within the estimated length of 5.3 km, and if it supports 80%, the length increases within 11.4 km. If the heat demand is reduced to less than 62% at the new length of the standard heat pipe, it is expected economic efficiency is not obtained. If the ratio of government subsidies to initial investment increases, the elasticity of the new bloc will increase, and the fixed investment, which is the cost of capital investment for one unit of heating demand, will decrease. This would result in a reduction in the cost of production per unit, and it would be possible to supply heat at a cheaper price level to the facility farming. Government subsidies will result in the increased economic availability of hot plumbing facilities and additional efficiencies due to increased demand. The greater government subsidies to initial investment, the less farms cost due to the decrease in the price per unit. The results of the study are significant in terms of the economic evaluation of the effectiveness of the government subsidy for the thermal power plant heat utilization project. The implication can be applied to any related pilot to come.

Linear-Elastic Behavior Analysis of CFTA Girder Filled with High-Strength Concrete (고강도 콘크리트를 적용시킨 CFTA 거더의 선형 탄성 거동분석)

  • Choi, Sung-Woo;Lee, Hak;Jung, Min-Chul;Kong, Jung-Sik
    • Proceedings of the Computational Structural Engineering Institute Conference
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    • 2008.04a
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    • pp.511-516
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    • 2008
  • Recently, many researchers are studying a high-strength concrete, composite materials and composite structures to build structures more economic and stable all over the world. For instance, there is CFTA(Concrete Filled and Tied Steel Tubular Arch) girder that applies an arch structure and a pre-stressed structure to CFT(Concrete Filled Steel Tubular) Structure to maximize the efficiency of structure and economic. In this study, linear-elastic behavior analysis of CFTA gider filled with high-strength concrete was performed by using ABAQUS 6.5-1 and also the result was analyzed.

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A Study on Cost-Benefit Analysis of Noise Control Facilities using Road Traffic Noise Map (도로교통 소음지도를 이용한 소음저감시설의 비용 / 효과 분석방법 연구)

  • Kim, Ji-Yoon;Park, Sang-Kyu
    • Proceedings of the Korean Society for Noise and Vibration Engineering Conference
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    • 2008.11a
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    • pp.303-310
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    • 2008
  • In Korea, the current noise impact assessment has not yet considered the vertical noise propagation property by buildings and other obstacles. And noise control plan has been established without conducting the economic assessment for the noise control facilities. A noise map is used to calculate the noise level based on a theoretical formula or an empirical formula, and also predict the characteristics of vertical propagation by linking with a geometry data. And It is Possible to analyze cost-effect of noise control facilities by consider installation costs. In this study, we addressed the application of noise map for noise impact assessment and cost-effect analysis of noise control facilities.

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The Development of Analysis Program of Solar Heating System for District Heating System (지역난방 태양열시스템 해석 프로그램 개발)

  • Back, Nam-Choon;Shin, U-Cheul
    • 한국태양에너지학회:학술대회논문집
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    • 2008.04a
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    • pp.190-195
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    • 2008
  • This study aims to develop the thermal performance and economic analysis program of solar heating system applied to district heating systems. The program, named SOLAN-DHS, is consisted of four modules like as user's interface for system input/output, library, and utilities and a calculating engine. SOLAN-DHS simplifies user's input data through the database and can design 5 different types of solar systems. Due to the user-friendly layout, all design parameters can be changed quickly and easily for the influence on system efficiency. The reliability of SOLAN-DHS was finally verified by the experiments.

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