Abstract: The biodegradable family of polymers
polyhydroxyalkanoates is an interesting substitute for convectional
fossil-based plastics. However, the manufacturing and environmental
impacts associated with their production via intracellular bacterial
fermentation are strongly dependent on the raw material used and on
energy consumption during the extraction process, limiting their
potential for commercialization. Industrial wastewater is studied in
this paper as a promising alternative feedstock for waste valorization.
Based on results from laboratory and pilot-scale experiments, a
conceptual process design, techno-economic analysis and life cycle
assessment are developed for the large-scale production of the most
common type of polyhydroxyalkanoate, polyhydroxbutyrate.
Intracellular polyhydroxybutyrate is obtained via fermentation of
microbial community present in industrial wastewater and the
downstream processing is based on chemical digestion with
surfactant and hypochlorite. The economic potential and
environmental performance results help identifying bottlenecks and
best opportunities to scale-up the process prior to industrial
implementation. The outcome of this research indicates that the
fermentation of wastewater towards PHB presents advantages
compared to traditional PHAs production from sugars because the
null environmental burdens and financial costs of the raw material in
the bioplastic production process. Nevertheless, process optimization
is still required to compete with the petrochemicals counterparts.
Abstract: The objective of countercyclical capital buffer is to
encourage banks to build up buffers in good times that can be drawn
down in bad times. The aim of the report is to assess such decisions
by banks derived from three approaches. The approaches are the
aggregate credit-to-GDP ratio, credit growth as well as banking
sector profits. The approaches are implemented for Estonia, Latvia
and Lithuania for the time period 2000-2012. The report compares
three approaches and analyses their relevance to the Baltic States by
testing the correlation between a growth in studied variables and a
growth of corresponding gaps. Methods used in the empirical part of
the report are econometric analysis as well as economic analysis,
development indicators, relative and absolute indicators and other
methods. The research outcome is a cross-Baltic comparison of two
alternative approaches to establish or release a countercyclical capital
buffer by banks and their implications for each Baltic country.
Abstract: This study aims to investigate the possibility of crime
prevention through CCTV by analyzing the appropriateness of the
CCTV location, whether it is installed in the hotspot of crime-prone
areas, and exploring the crime prevention effect and transition effect.
The real crime and CCTV locations of case city were converted into
the spatial data by using GIS. The data was analyzed by hotspot
analysis and weighted displacement quotient (WDQ). As study
methods, it analyzed existing relevant studies for identifying the trends
of CCTV and crime studies based on big data from 1800 to 2014 and
understanding the relation between CCTV and crime. Second, it
investigated the current situation of nationwide CCTVs and analyzed
the guidelines of CCTV installation and operation to draw attention to
the problems and indicating points of CCTV use. Third, it investigated
the crime occurrence in case areas and the current situation of CCTV
installation in the spatial aspects, and analyzed the appropriateness and
effectiveness of CCTV installation to suggest a rational installation of
CCTV and the strategic direction of crime prevention. The results
demonstrate that there was no significant effect in the installation of
CCTV on crime prevention in the case area. This indicates that CCTV
should be installed and managed in a more scientific way reflecting
local crime situations. In terms of CCTV, the methods of spatial
analysis such as GIS, which can evaluate the installation effect, and the
methods of economic analysis like cost-benefit analysis should be
developed. In addition, these methods should be distributed to local
governments across the nation for the appropriate installation of
CCTV and operation. This study intended to find a design guideline of
the optimum CCTV installation. In this regard, this study is
meaningful in that it will contribute to the creation of a safe city.
Abstract: This paper clarifies the role of ICT capital in economic
growth. Albeit ICT remarkably contributes to economic growth, there
are few studies on ICT capital in ICT sector from theoretical point of
view. In this paper, production function of ICT which is used as input
of intermediate good in final good and ICT sectors is incorporated
into our model. In this setting, we analyze the role of ICT on balance
growth path and show the possibility of general equilibrium solutions
for this model. Through the simulation of the equilibrium solutions,
we find that when ICT impacts on economy and economic growth
increases, it is necessary that increases of efficiency at ICT sector and
of accumulation of non-ICT and ICT capitals occur simultaneously.
Abstract: The concern with sustainability brought the need for optimization of the buildings to reduce consumption of natural resources. Almost 1/3 of energy demanded by Brazilian housings is used to provide thermal solutions. AEC sector may contribute applying bioclimatic strategies on building design. The aim of this research is to investigate the viability of applying some alternative solutions in residential buildings. The research was developed with computational simulation on single family social housing, examining envelope type, absorptance, and insolation. The analysis of the thermal performance applied both Brazilian standard NBR 15575 and degree-hour method, in the scenery of Porto Alegre, a southern Brazilian city. We used BIM modeling through Revit/Autodesk and used Energy Plus to thermal simulation. The payback of the investment was calculated comparing energy savings and building costs, in a period of 50 years. The results shown that with the increment of envelope’s insulation there is thermal comfort improvement and energy economy, with a pay-back period of 24 to 36 years, in some cases.
Abstract: This paper presents a method of economic factorial analysis of the CO2 emissions based on the extension of the Divisia index to interconnected factors. This approach, contrary to the Kaya identity, considers three main factors of the CO2 emissions: gross domestic product, energy consumption, and population - as equally important, and allows for accounting of all of them simultaneously. The three factors are included into analysis together with their carbon intensities that allows for obtaining a comprehensive picture of the change in the CO2 emissions. A computer program in R-language that is available for free download serves automation of the calculations. A case study of the U.S. carbon dioxide emissions is used as an example.
Abstract: Standalone micro-hydrokinetic river (MHR) system is
one of the promising technologies to be used for remote rural
electrification. It simply requires the flow of water instead of
elevation or head, leading to expensive civil works. This paper
demonstrates an economic benefit offered by a standalone MHR
system when compared to the commonly used standalone systems
such as solar, wind and diesel generator (DG) at the selected study
site in Kwazulu Natal. Wind speed and solar radiation data of the
selected rural site have been taken from national aeronautics and
space administration (NASA) surface meteorology database. The
hybrid optimization model for electric renewable (HOMER) software
was used to determine the most feasible solution when using MHR,
solar, wind or DG system to supply 5 rural houses. MHR system
proved to be the best cost-effective option to consider at the study site
due to its low cost of energy (COE) and low net present cost (NPC).
Abstract: The Korean Government has applied the preliminary feasibility study to new government R&D program plans as a part of an evaluation system for R&D programs. The preliminary feasibility study for the R&D program is composed of 3 major criteria such as technological, policy and economic analysis. The program logic model approach is used as a part of the technological analysis in the preliminary feasibility study. We has developed and improved the R&D program logic model. The logic model is a very useful tool for evaluating R&D program plans. Using a logic model, we can generally identify important factors of the R&D program plan, analyze its logic flow and find the disconnection or jump in the logic flow among components of the logic model.
Abstract: In this paper, the energy performance of a selected
UHDE Ammonia plant is optimized by conducting heat integration through waste heat recovery and the synthesis of a heat exchange
network (HEN). Minimum hot and cold utility requirements were estimated through IChemE spreadsheet. Supporting simulation was
carried out using HYSYS software. The results showed that there is
no need for heating utility while the required cold utility was found to
be around 268,714 kW. Hence a threshold pinch case was faced. Then, the hot and cold streams were matched appropriately. Also,
waste heat recovered resulted with savings in HP and LP steams of
approximately 51.0% and 99.6%, respectively. An economic analysis
on proposed HEN showed very attractive overall payback period not
exceeding 3 years. In general, a net saving approaching 35% was
achieved in implementing heat optimization of current studied UHDE Ammonia process.
Abstract: Building Sector is the major electricity consumer and
it is costly to building owners. Therefore the application of thermal
energy storage (TES) has gained attractive to reduce energy cost.
Many attractive tariff packages are being offered by the electricity
provider to promote TES. The tariff packages offered higher cost of
electricity during peak period and lower cost of electricity during off
peak period. This paper presented the return of initial investment by
implementing a centralized air-conditioning plant integrated with
thermal energy storage with partially operation strategies. Building
load profile will be calculated hourly according to building
specification and building usage trend. TES operation conditions will
be designed according to building load demand profile, storage
capacity, tariff packages and peak/off peak period. The Payback
Period analysis method was used to evaluate economic analysis. The
investment is considered a good investment where by the initial cost
is recovered less than ten than seven years.
Abstract: The objective of this article is to discuss the potential
of economic analysis as a tool for identification and evaluation of
corruption in legislative acts. We propose that corruption be
perceived as a risk variable within the legislative process. Therefore
we find it appropriate to employ risk analysis methods, used in
various fields of economics, for the evaluation of corruption in
legislation. Furthermore we propose the incorporation of these
methods into the so called corruption impact assessment (CIA), the
general framework for detection of corruption in legislative acts. The
applications of the risk analysis methods are demonstrated on
examples of implementation of proposed CIA in the Czech Republic.
Abstract: A hybrid Photovoltaic/Thermal (PV/T) solar system integrates photovoltaic and solar thermal technologies into one single solar energy device, with dual generation of electricity and heat energy. The aim of the present study is to evaluate the potential for introduction of the PV/T technology into Northern China. For this purpose, outdoor experiments were conducted on a prototype of a PV/T water-heating system. The annual thermal and electrical performances were investigated under the climatic conditions of Beijing. An economic analysis of the system was then carried out, followed by a sensitivity study. The analysis revealed that the hybrid system is not economically attractive with the current market and energy prices. However, considering the continuous commitment of the Chinese government towards policy development in the renewable energy sector, and technological improvements like the increasing cost-effectiveness of PV cells, PV/Thermal technology may become economically viable in the near future.
Abstract: The purposes of this study were as follows to evaluate
the economic value of Phu Kradueng National Park by the travel cost
method (TCM) and the contingent valuation method (CVM) and to
estimate the demand for traveling and the willingness to pay. The
data for this study were collected by conducting two large scale
surveys on users and non-users. A total of 1,016 users and 1,034
non-users were interviewed. The data were analyzed using multiple
linear regression analysis, logistic regression model and the
consumer surplus (CS) was the integral of demand function for trips.
The survey found, were as follows:
1)Using the travel cost method which provides an estimate of direct
benefits to park users, we found that visitors- total willingness to pay
per visit was 2,284.57 bath, of which 958.29 bath was travel cost,
1,129.82 bath was expenditure for accommodation, food, and
services, and 166.66 bath was consumer surplus or the visitors -net
gain or satisfaction from the visit (the integral of demand function for
trips).
2) Thai visitors to Phu Kradueng National Park were further willing
to pay an average of 646.84 bath per head per year to ensure the
continued existence of Phu Kradueng National Park and to preserve
their option to use it in the future.
3) Thai non-visitors, on the other hand, are willing to pay an average
of 212.61 bath per head per year for the option and existence value
provided by the Park.
4) The total economic value of Phu Kradueng National Park to Thai
visitors and non-visitors taken together stands today at 9,249.55
million bath per year.
5) The users- average willingness to pay for access to Phu Kradueng
National Park rises
from 40 bath to 84.66 bath per head per trip for improved services
such as road improvement, increased cleanliness, and upgraded
information.
This paper was needed to investigate of the potential market
demand for bio prospecting in Phu Kradueng national Park and to
investigate how a larger share of the economic benefits of tourism
could be distributed income to the local residents.
Abstract: Sustainable energy usage has been recognized as one
of the important measure to increase the competitiveness of the
nation globally. Many strong emphases were given in the Ninth
Malaysia Plan (RMK9) to improve energy efficient especially to
government buildings. With this in view, a project to investigate the
potential of energy saving in selected building in Universiti Tun
Hussein Onn Malaysia (UTHM) was carried out. In this project, a
case study involving electric energy consumption of the academic
staff office building was conducted. The scope of the study include to
identify energy consumption in a selected building, to study energy
saving opportunities, to analyse cost investment in term of economic
and to identify users attitude with respect to energy usage. The
MS1525:2001, Malaysian Standard -Code of practice on energy
efficiency and use of renewable energy for non-residential buildings
was used as reference. Several energy efficient measures were
considered and their merits and priority were compared. Improving
human behavior can reduce energy consumption by 6% while
technical measure can reduce energy consumption by 44%. Two
economic analysis evaluation methods were applied; they are the
payback period method and net present value method.
Abstract: Measurement of competitiveness between countries or regions is an important topic of many economic analysis and scientific papers. In European Union (EU), there is no mainstream approach of competitiveness evaluation and measuring. There are many opinions and methods of measurement and evaluation of competitiveness between states or regions at national and European level. The methods differ in structure of using the indicators of competitiveness and ways of their processing. The aim of the paper is to analyze main sources of competitive potential of the EU Member States with the help of Factor analysis (FA) and to classify the EU Member States to homogeneous units (clusters) according to the similarity of selected indicators of competitiveness factors by Cluster analysis (CA) in reference years 2000 and 2011. The theoretical part of the paper is devoted to the fundamental bases of competitiveness and the methodology of FA and CA methods. The empirical part of the paper deals with the evaluation of competitiveness factors in the EU Member States and cluster comparison of evaluated countries by cluster analysis.
Abstract: This research deals with techno economic analysis to select the most economic desalination method for Asalouyeh combined cycle power plant . Due to lack of fresh water, desalination of sea water is necessary to provide required DM water of Power Plant. The most common desalination methods are RO, MSF, MED, and MED–TVC. In this research, methods of RO, MED, and MED– TVC have been compared. Simulation results show that recovery of heat of exhaust gas of main stack is optimum case for providing DM water required for injected steam of MED desalination. This subject is very important because of improving thermal efficiency of power plant using extra heat recovery. Also, it has been shown that by adding 3 rows of finned tube to de-aerator evaporator, which is very simple and low cost, required steam for generating 5200 m3/day of desalinated water is obtainable.
Abstract: Imperfect knowledge cannot be avoided all the time. Imperfections may have several forms; uncertainties, imprecision and incompleteness. When we look to classification of methods for the management of imperfect knowledge we see fuzzy set-based techniques. The choice of a method to process data is linked to the choice of knowledge representation, which can be numerical, symbolic, logical or semantic and it depends on the nature of the problem to be solved for example decision support, which will be mentioned in our study. Fuzzy Logic is used for its ability to manage imprecise knowledge, but it can take advantage of the ability of neural networks to learn coefficients or functions. Such an association of methods is typical of so-called soft computing. In this study a new method was used for the management of imprecision for collected knowledge which related to economic analysis of construction industry in Turkey. Because of sudden changes occurring in economic factors decrease competition strength of construction companies. The better evaluation of these changes in economical factors in view of construction industry will made positive influence on company-s decisions which are dealing construction.
Abstract: Rural areas of Tanzania are still disadvantaged in terms of diffusion of IP-based services; this is due to lack of Information and Communication Technology (ICT) infrastructures, especially lack of connectivity. One of the limitations for connectivity problems in rural areas of Tanzania is the high cost to establish infrastructures for IP-based services [1-2]. However the cost of connectivity varies from one technology to the other and at the same time, the cost is also different from one operator (service provider) to another within the country. This paper presents development of software system to calculate cost of connectivity to rural areas of Tanzania. The system is developed to make an easy access of connectivity cost from different technologies and different operators. The development of the calculator follows the V-model software development lifecycle. The calculator is used to evaluate the economic viability of different technologies considered as being potential candidates to provide rural connectivity. In this paper, the evaluation is based on the techno-economic analysis approach.
Abstract: Bangladesh is a developing country with large
population. Demand of electrical energy is increasing day by day
because of increasing population and industrialization. But due to
limited resources, people here are suffering from power crisis
problem which is considered as a major obstacle to the economic
development. In most of the cases, it is extremely difficult to extend
high tension transmission lines to some of the places that are
separated from the mainland. Renewable energy is considered to be
the right choice for providing clean energy to these remote
settlements. This paper proposes a cost effective design of off-grid
wind-diesel hybrid power system using combined heat and power
(CHP) technology in a grid isolated island, Sandwip, Bangladesh.
Design and simulation of the wind-diesel hybrid power system is
performed considering different factors for the island Sandwip.
Detailed economic analysis and comparison with solar PV system
clearly reveals that wind-diesel hybrid power system can be a cost
effective solution for the isolated island like Sandwip.