• Title/Summary/Keyword: Investment

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The Profitability Analysis of BESS Installation with PV Generation under RPS (RPS 제도 하에서의 태양광발전 연계형 배터리시스템 수익분석 방법에 관한 연구)

  • Kim, Chang-Soo;Yoo, Tae-Hyun;Rhee, Chang-Ho
    • Journal of Energy Engineering
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    • v.26 no.4
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    • pp.107-117
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    • 2017
  • Since South Korea started to apply Renewable Portfolio Standard (RPS) in 2012, there have been huge investment for deploying renewable technologies. Recently, the government determined to incentivize battery energy storage system(BESS) with renewable generations in order to induce the improvement of dispatching capability. In this paper, the annual pattern of PV generation based on actual generation data in South Korea is analyzed and the duration curve of capacity factor is proposed in order to provide the simplified analyzing methodology of present support policy for additional BESS installation for decision maker who is responsible for supply and demand planning. With suggested methodology, the range of appropriate BESS size with respect to the variation of system marginal price(SMP) and renewable energy certificate(REC) price can be derived briefly, and decision makers easily evaluate the effect of support scheme. Current policy for BESS installation support present additional BESS-related installation policy may give incentives to developers partially, however, the dependence between BESS size and benefit components (SMP and REC) can limit the deployment of the various portfolios of the BESS. Therefore, when improving the current policy in future, addressing the dependence between the technical aspects of battery size and the benefit components separately by the technical and economical parts is needed to set the suitable compensation rules for the renewable generation and BESS.

Venture Capital and Corporate Transparency in the Newly Public Firms (벤처캐피탈 투자가 신규상장기업의 투명성 제고에 미치는 영향)

  • Cho, Sung-Sook;Lee, Hee-Woo
    • The Journal of the Korea Contents Association
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    • v.12 no.9
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    • pp.280-292
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    • 2012
  • In general, a venture capital invests in tech startups and helps them improve the corporate transparency through board of directors. With respect to venture capital investment and its impact on the corporate transparency of the newly public firms from 2004 to 2010 in Korea, we have made regression analysis. First, it was found that it was likely to be less transparent, the larger its asset size or the higher its debt ratio was. Second, lower level of ownership-control disparity resulted in higher transparency. Third, a shorter period to IPO and higher growth rate were more prominent in companies with lower degree of transparency. The above findings were not conclusive to prove whether or not venture capital directly increases the transparency level of its portfolio companies, but do insinuate the possibility of a negative impact on the transparency of its investee companies, as early IPO's were associated with less transparency. This is all the more persuasive as it was observed that companies with a lower level of transparency had generally raised more money from venture capitals, and that companies with a higher growth rate and/or higher PBR, have shown to be less transparent.

A Study on the Activation for the Mobile App Services of Local Government (지방자치단체의 모바일 앱 서비스 이용 활성화 방안에 관한 연구: 부산광역시를 중심으로)

  • Jung, Su Hee;Hong, Soon Goo;Cha, Yoon Sook;Kim, Jong Weon
    • Journal of Korea Society of Industrial Information Systems
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    • v.18 no.2
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    • pp.71-83
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    • 2013
  • Because of rapid advance of wireless Internet-related technology and fast diffusion of Smart phone, a variety of mobile applications through domestic and foreign app stores have been made and used. Under the recognition of current trend, both central government and local government have developed and provided public mobile app in order to accomplish the mobile e-government. However, public mobile app is not popular in spite of vast investment for its development and service. This study investigated current issues and problems of public mobile app in public service, management, and technology aspects. To do so, this study categorized the interested people of public mobile app into users, providers, and developers, and conducted deep interviews to them. Based on the interview results, the study suggested the following recommendations for the activating tools of public mobile app: providing user-customized information, fruitfulness of public information management, maintenance of management system for public mobile app service, user-friendly promotion appropriate in mobile environment, public mobile app development based on e-government standard framework, etc.. This study may provide the researchers with the successive study guidelines in mobile e-government and public mobile app fields. Also, the study may help the practitioners to make effective decisions on polices and strategies for mobile e-government of local government.

The Ammonia Removal Capacity of a Few Kinds of Filter Media in a Water Reuse quaculture System (순환 여과식 양식 시설에 이용될 수종의 여과 재료의 효능에 관한 연구)

  • KIM In-Bae;KIM Pyong-Kih;CHEE Young-Ok
    • Korean Journal of Fisheries and Aquatic Sciences
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    • v.20 no.6
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    • pp.561-567
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    • 1987
  • The purpose of this study was to find out the removal capacity of harmful ammonia by different filter media in the submerged biological filters in a given space of chamber. Four materials, pile cloth, corrugated skylight roofing plate, embossed plastic plate, and gravel, were used as the experimental filter media. Each filter medium was placed in two aquariums, each aquarium measuring $90cm\times60cm\times60cm\;(depth)$. Under the normal operating condition, the average of mean ammonia removal rates during the first and second functioning periods by each filter material which occupied tile space in the filter chamber (aquarium) was as follows: 1. Pile cloth: $8.381\;g{\cdot}m^{-3}.\;day^{-1}$ 2. Corrugated skylight roofing plate: $7.834\;g{\cdot}m^{-3}.\;day^{-1}$ 3. Embossed plastic plate: $7.797\;g{\cdot}m^{-3}.\;day^{-1}$ 4. Gravel: $7.051\;g{\cdot}m^{-3}.\;day^{-1}$ Thus, there were no significant differences between the media, but at the time of practical application of these materials, some other factors such as investment cost, easiness for the removal of excess detritus accumulated in tile interstices of filter media, etc. should be fallen into consideration. When large units are required, in particular, removal of excess detritus from tile gravel bed is extremely difficult, and in case of pile cloth filters the installation work is much complicated and a problem in supporting the structure when drained also exists. In these respects, corrugated skylight roofing plate and embossed plastic plate seem to be more optimal, but again in practice the local situation for the availability and the price of the materials should be rechecked and the fitness of tile materials in the particular filter chambers under use or under consideration for construction must be taken into account.

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An Evaluation Scheme on Feasibility in Public Sector for 3D Geo-Spatial Information - Focusing on Production of Digital Mapping (3차원 공간정보의 공공부문 사업성 평가 방안 - 2차원 수치지도 제작 업무를 대상으로)

  • Joo, Yong Jin;Kim, Kang Soo;Hahm, Chang Hahk
    • Journal of Korean Society for Geospatial Information Science
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    • v.20 no.3
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    • pp.73-82
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    • 2012
  • In order to carry out efficient investment and successful business in national geo-spatial industry, economic assessment on the field of 3D geo-information has recently emerged as a serious issue. Therefore, this study is intended to offer cost-effective evaluation scheme which are proper for 3D geo-spatial information, especially focusing on development of orthophoto and DEM. The study is organized as follows. The first section clarifies preliminary rules for feasibility by defining target work and category in order to estimate benefit. Then, this paper will be limited to consideration of production of digital mapping for target business which is expected to create high value and its benefit from cost reduction is suggested. Drawing from the AHP(Analytic Hierarchy Process) methods, this study comprehensively described final result and implication to examine business value. Consequently, this study can suggest economical evaluation methods on 3D geo-spatial information industry, which takes up a considerable part of immaterial benefit and has difficulties in economic assessment and estimation. preventing a variety of errors in system operation in advance.

Improvement of Compensation System in Construction Projects in Response to the Incurrence of Financial Costs (건설공사의 금융비용발생과 배상구조의 개선방안)

  • Lee Kyung-Kook;Kim Yong-Su
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.23-30
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    • 2001
  • The Financial Cost in construction industry today is tend to increasing the burden of business management on account of lowered profit due to the mege-competition and decreasing investment of construction, multi-interfacing. system in it's attribute and various unreasonable governeing enactments. It is becoming the most important aspects for the management of construction business on how to preserve the profit from the various risks. The ultimate aims of this study is to pursue the contractual equity between the parties by establishing the fundamentals of framework for the compensation of Financial Charges through the review of the precedent studies and analysis of inquiries. As a result of the study, improvable measures for any practical inequality and/or institutional defects of current public contract system in recovering the Financial Cost incurred to Contractor are delivered as below; (1) $\lceil$Working Rules for Construction Industry Accounting Standards$\rfloor$ shall be amended and supplemented so as the incurred interest to be recognized as an operative cost by live return over the collection period. (2) The long-term phase contract system of which is enforcing contractor to bear the certain losses shall be diminished and/or abolished gradually. (3) The unreasonable legislations on compensation for financial cost in contract conditions shall be improved in response to practical circumstances. (4) The use of Critical-Path Method for Time Management shall be activated together with EVMS. (5) Independent application of Contract Enactments for construction industry shall be adopted.

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Estimation of Application on the Site of SRC Method for the Ground Reinforcement in Marine Clay (해성점토층에서 SRC 지반보강에 관한 현장적용성 평가)

  • Lee, Seungjun;Lee, Seogyoung;Chun, Byungsik
    • Journal of the Korean GEO-environmental Society
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    • v.14 no.1
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    • pp.23-32
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    • 2013
  • Currently, the west coast has focused on large-scale investment and development, such as harbor construction work and land reclamation projects, with soft ground grouting issues being the major concern. In addition, grouting for soft ground reinforcement is definitely considered that construction purpose, soil condition, construction situation, and construction costs. The SRC method, which is a high pressure injection method, can easily produce well-distributed strength regardless of soil characteristics and is environmentally friendly. Therefore in this study, the SRC method was applied to marine clay on the west coast where located Jeongok-ri, Seosin-myeon, Hwaseong-si, Gyeonggi-do, Korea as well as estimated of the ground reinforcement and the application on the site. The results of the application on the site by SRC method indicated age 28 day strength is $14,700{\sim}31,800kN/m^2$ which is satisfied the criterion of unconfined compressive strength that more than $5,333kN/m^2$. Therefore the result that the SRC method constructed marine clay on the west coast indicated the outstanding strength as well as excellent durability.

Case Study on Fracture Type of Wooden Crib Wall (목재 Crib wall의 파괴유형에 대한 사례연구)

  • Shin, Changgun;Paik, Moonyeol;Hong, Cheolhwa;Bae, Wooseok
    • Journal of the Korean GEO-environmental Society
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    • v.14 no.7
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    • pp.39-50
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    • 2013
  • Crib wall is one of the segmental grid retaining walls using headers and stretchers to establish the framework of the wall. In this method, grids formed by the intersection of headers and stretchers are generally filled with the gravel to maintain the weight of the wall. Therefore, the construction can be carried out with higher speed and much economically when compared with the concrete retaining wall. Furthermore, it has high drain capacity, and environmentally friendly aspects also have been pointed out because the possibility of the planting at the front of the wall. However, in the wooden crib wall method, the relative movement between the individual headers and stretchers was generally recognized, and stress redistribution in the gravel filling was also observed when subjected to the external loading and self-weight of filling. In this study, it was analyzed fracture types and causes of wooden crib wall through detailed investigation and analysis of a large crib wall construction site. As a results, it occurred the damage in the members of 5.7% in a total of 2,315 locations and the damage of header occurred in the members of a header 80.2%. The 65.7% of the damaged header are concentrated in the lower part of crib wall. Therefore, it was analyzed the differences of fracture types and causes of wooden crib wall depending on the installation position and the kinds of members. It is considered basically the members of various forms of distortion and the grain affecting.

The Comparison on Illustrations of Elementary Science Textbooks in Koaea and Japan (한.일 국민학교 자연 교과서 삽화 비교 연구)

  • Park, Si-Hyoun;Woo, Jong-Ok
    • Journal of The Korean Association For Science Education
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    • v.14 no.1
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    • pp.58-69
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    • 1994
  • In this study, with the problem of "What is the desirable illustrations?", the problem points of the existing textbooks were analyzed, and the opinions of experts concerning desirable illustrations were examined through questionaire survey, and by developing 'Analysis Framework of Illustrations', and Korean-Japanese 'science' textbooks were analyzed and compared with. The conclusions for the direction of korean 'science' textbooks are summarized as follows : 1) The numbers of korean illustrations should be more about two than one of per one page of the existing textbooks. 2) The korean illustrations for the 6th grade should be more largely inserted. 3) The more econmic space utilizing measure should be groped for looking at from the such side. 4) Though the kinds of Korean illustrations are mostly composed of photographs, pictures, illustrations, cartoons, etc. should be positively utilized. and the shapes of photographs should be diversified by such as square, round shape,omissions of background and others. 5) The distribution of players by sex should be considered envenly for male and female from the ascendency of male (1.5: 1). 6) It was found that it is desirable for the formation of role of illustrations of 20% for motive inducement, 45% for guidance for experimentation, 30% for presentation of data, and 5% for presentation of the results of experimentation. 7) The illustrations for guidance for experimentation should present important stages of experimentation process regardless the number of illustration. 8) It would be advantageous for motive induction to find the subject matters as possible as from the children's close actual life. 9) It is necessary to induce more freely method in utilizing Printing plate for inserting illustrations. 10) It is the result of research that the existing Korean textbooks are not suitable in inducing interest, and the positive strategy to induce interest is demanded. 11) It is required to select their location freely in accordance with the content regardless the. 12) In order to develop such illustrations, it is required to cultivate expert illustrators, and more economic investment is required for development of illustrations. The emphasis matters of revision of the 6th educational process of 'Inducement of study motive and emphasis on interest' is the change of presenting form and method of illustrations, which is expected to be rewarded with much good fruits.

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The Effects of National Pension's Ownership on Corporate Philanthropic Giving (국민연금 지분 투자가 기부금 지출에 미치는 영향)

  • Park, Chul-Hyung;Cho, Young-Gon
    • The Journal of the Korea Contents Association
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    • v.20 no.3
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    • pp.73-80
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    • 2020
  • Using 8,499 observations from 5 years-1,878 firms panel data during 2014 to 2018 in Korean stock exchanges, this study examines the impact of National Pension's ownership on corporate philanthropic giving. The empirical study finds that National Pension's ownership has positive relations with the extent of corporate philanthropic giving in terms of the amounts per employee, the expenditures with respect to total asset and total sales, implying that National Pension plays a monitoring role in promoting target firms to increase the extent of corporate philanthropic giving, which lead to increase in target firms' long-term values. The empirical study also finds that when National Pension is a blockholder holding more than 5% ownership in the target firms, it has positive relations with the extent of corporate philanthropic giving in terms of the amounts per employee, the expenditures with respect to total asset, implying that it exercises disciplinary roles on focal firms in promoting the extent of corporate philanthropic giving in order to increase target firms' long-term values. The results overall support that National Pension plays positive effects on target firms in promoting the extent of corporate philanthropic giving, which lead to increase in target firms' long-term values.