A bottom-up Integrated Engineering Economic Model(IEEM) is developed for the purpose of evaluating GHG Reduction options in the industrial sector. This model is analyzed the GHG emission of energy intensive industries - cement industry, paper industry...
A bottom-up Integrated Engineering Economic Model(IEEM) is developed for the purpose of evaluating GHG Reduction options in the industrial sector. This model is analyzed the GHG emission of energy intensive industries - cement industry, paper industry, steel and iron industry, refinery and petrochemical industry in Korea. The model proposed in this study was focused on economic evaluation including the marginal cost, payback period, Equivalent Uniform Annual Worth and sensitivity analysis of GHG reduction options.