• Korean Journal of Air-Conditioning and Refrigeration Engineering
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• v.19 no.6
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• pp.470-475
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• 2007

The present study has been conducted economic analysis through actual operation of electric heat pump (EHP) and gas engine driven heat pump (GHP) which are installed at the same building in the university. Cost items, such as initial cost, annual energy cost and maintenance cost of each system are considered to analyze life cycle cost (LCC) and economical efficiencies are compared. The initial cost is considered on the basis of actual cost, and annual energy cost is converted into the cost after measuring electricity and gas consumption a day LCC applied present value method is used to assess economical profit of both of them. Variables used to LCC analysis are electricity cost escalation rate, natural gas cost escalation rate, interest rate, and service lives when each of them are 4%, 2%, 8%, and 20 years. The result shows that EHP (148,257,306 won) is more profitable than GHP (161,239,296 won) by 8.05% (12,981,990 won).

• Journal of the Korea Institute of Building Construction
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• v.12 no.4
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• pp.386-392
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• 2012

In this study, life cycle cost (LCC) is analyzed according to insulation panel system type using a deterministic LCC analysis method. Through this analysis, it was found that the construction cost in the deterministic LCC analysis for Ceramic panels was low compared to the construction cost for metal and stone panels. Also, the difference in cost between the Ceramic panel and the metal panel was about 2 times. In the area of maintenance cost, it was found to be similar to the previously analyzed construction cost, in which the metal panel has the highest cost due to the high cost of construction and the frequent need for maintenance. In the case of the stone panel, a small difference in cost is shown compared with that of the Ceramic panel, but the cost is higher than the Ceramic panel. Regarding the cost of waste disposal, the Ceramic panel can reduce the cost by at least 1.5 times and up to 2 times compared to other panel systems. Finally, in the analysis of sensitivity according to changes in discount rates, the Ceramic panel and metal panel systems have a similar cost, and the cost of the metal panel is a bit larger than that of other panel systems. Thus, in the subjects used in the analysis, the Ceramic panel system shows the highest economic benefits.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.33 no.3
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• pp.1143-1151
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• 2013

Reasonable methods are needed to predict the noise level of new/existing roads and to select means of noise reduction. In this study, the noise reduction effects of both soundproof walls and quiet pavements were predicted. The noise reduction effects of quiet pavements were predicted by measurement data obtained using the CPX method in test pavements. The noise reduction effect was predicted by KHTN program when applied to soundproof walls and quiet pavement. As a result, the predicted noise level was similar to the measured one. The design method was suggested by an economic analysis using noise benefit of predicted noise reduction. The research suggests that the optimum alternative has to be determined using noise prediction method and life-cycle cost analysis.

• Proceedings of the SAREK Conference
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• 2007.11a
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• pp.334-339
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• 2007

This paper is concerned with economic analysis and comparison between hybrid and central air conditioning system by TRNSYS simulation and Life Cycle Cost(LCC) analysis. Hybrid air conditioning system that is using VAV for interior zone and system air-conditioner for perimeter zone is installed in building A. Central air conditioning system is composed of VAV and convector. The simulation was carried out in mode temperature level control using TRNSYS 16. From the result of simulation and LCC analysis, hybrid air conditioning system was better than central air conditioning system in initial cost and energy consumption.

• Journal of the Architectural Institute of Korea Planning & Design
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• v.34 no.3
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• pp.23-34
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• 2018

Due to a waste of energy in korea, about 525,000 which are 75 percent of total buildings are at least 15 years old buildings that need remodeling. There are two current remodeling systems. One is a remodeling system to reduce a waste of resources from the reconstruction. The other is a green-remodeling system aimed to energy savings and reducing environmental costs. This study is to analyze quantitatively these current systems with respect to the cost-benefit caused by the life cycle and suggests the political and institutional implications through the interpretation of the results. For a quantitative analysis, we analyzed reducing maintenance costs and rent benefits with simulation by using opportunity costs, construction costs, plan costs and supervision costs as expense variables and using the reduced floor area ratio, institutional incentives, energy, water resources and certified emission reduction(CER) as benefit variables. As a result of the empirical study, the green-modeling was more beneficial in the field of environment such as the energy savings, however, the final benefits of remodeling which has no green building certification costs but more floor area ratio incentives were more economical. The green-remodeling system focused on reducing environmental costs and energy savings needs a equatable institutional incentive system.

• Resources Recycling
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• v.32 no.3
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• pp.45-56
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• 2023

This study analyzed the economic and environmental effect of recycling rhodium used in the non-catalytic field. As an analysis methodology, economic effect analysis applied cost-benefit analysis and resource-saving effect analysis and the environmental effect analysis applied life cycle assessment (LCA). The results show that from an economic point of view, the cost-benefit ratio was 1.28, which was feasible, and the cost reduction was 237,000 won based on 1 g of rhodium recycled and the amount of rhodium recycled was 7.17 billion won in 2025. As for the environmental effect, the greenhouse gas(GHG) emissions were compared between the case of recycling based on rhodium 1 kg and the case of overseas sales. The calculation results show that based on rhodium 1 kg, greenhouse gas emissions were reduced by 99.8%, from 65 kg CO₂eq./kg-Rh when recycling to 28,800 kg CO₂eq. when sold overseas. The results obtained from this study could suggest that rhodium recycling is necessary in Korea where resources are scarce by analyzing the economic and environmental effect of recycling rhodium used in the non-catalytic field.

• International Journal of Concrete Structures and Materials
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• v.3 no.2
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• pp.103-110
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• 2009

Concrete carbonation is a cause of problems in concrete structures, so it needs to be estimated. And concrete cover is designed to protect structures from this damaging. Usually the cover thickness is considered based on the limit states design codes in which the important target is the reliability safety index. However, it is not clear that whether the safety index determined is optimal or not with respect to the cost. The codes are mainly proceeded quantitatively (i.e. making a safe structure) while the economic aspects are only considered qualitatively. So the reliability-based design considering life cycle cost (LCC) is called for, and here the focus is on the advanced analysis solution to optimize the reliability safety regarding LCC.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2012.05a
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• pp.157-159
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• 2012

In recent years, the number of high-rise buildings has been on the rise. As buildings have become larger in scale, significantly different issues related to their construction and maintenance have emerged. In addition, the automation and mechanization of the cleaning work for the curtain wall, one of the most frequently-performed tasks in building maintenance, is required as a fundamental measure. For this reason, a guide-rail type cleaning robot system is emerging as one of the measures in response to external factors, including gust. The major objective of this study is to propose an economic feasibility forecasting model and to apply the a building facade cleaning robot which is now under development.

• Transactions of the Korean hydrogen and new energy society
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• v.32 no.6
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• pp.618-635
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• 2021

Environmental issues caused by our dependence on fossil fuels have caused our society to move toward new renewable sources of energy and chemicals. In this study, we develop an integrated process that co-produces butene oligomer (i.e., biofuels) and 1,3-butadiene (i.e., monomer for the production of synthetic rubber). To minimize utility consumption, we conduct heat integration. Then, we conduct a range of techno-economic analysis and life-cycle assessment to investigate economic and environmental feasibility of the proposed process.

• Wind and Structures
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• v.32 no.4
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• pp.321-340
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• 2021

In 2019, 5.6% of the total energy produced worldwide came from wind. Offshore wind generation is still a small portion of the total wind generation, yet its growth is exponential. Higher availability of sites, larger producibility and potentially lower environmental impacts make offshore wind generation attractive. On the other hand, as the water depth increases, fixed foundations are no more viable, and the new frontier is that of floating foundations. This paper brings an overview of why and how offshore wind energy should move deep water; it contains material from the Keynote Lecture given by the first author at the ACEM20/Structures20 Conference, held in Seoul in August 2020. The paper is organized into four sections: the first giving general concepts about wind generation especially offshore, the second and the third considering economic and technical aspects, respectively, of offshore deep-water wind generation, in the fourth, some challenges of floating offshore wind generation are presented and some conclusions are drawn.