References
- Ahn, I. H, et al., 2014. An Empirical Analysis of the System Marginal Price Volatility in the Korean Electricity Wholesale Market Korea Energy Economic Review, Vol. 13(2) pp. 103-129.
- Bae, C. Y., 2018, A Study on the ICT-based Benefit Improvement of the Chung-ju Multipurpose Dam for Climate Change, Korean Soc Environ Eng, Vol. 40(8), pp. 303-313. https://doi.org/10.4491/KSEE.2018.40.8.303
- Belanger Camille., et al., 2002, Adding wind energy to hydropower, Energy Policy, Vol. 30(14) pp. 1279-1284. https://doi.org/10.1016/S0301-4215(02)00089-7
- Bakun, A., and C. S. Nelson, 1991, The seasonal cycle of wind-stress curl in subtropical eastern boundary current regions. Phys. Oceanogr, 21, pp. 1815-834 https://doi.org/10.1175/1520-0485(1991)021<1815:TSCOWS>2.0.CO;2
- Brown, T. W., et al., 2018, Response to 'Bur-den of proof: A comprehensive review of the feasibility of 100% renewable-electricity systems., Renewable and Sustainable Energy Reviews, 92, pp. 834-847 https://doi.org/10.1016/j.rser.2018.04.113
- Bruninx, K., et al., 2016, Determining the impact of renewable energy on balancing costs, back up Costs, Grid Costs and subsidies, KU Leuven, pp. 1-74
- Chandler, H. 2011, Harnessing Variable Renewables - A Guide to the Balancing Challenge, IEA, pp. 81-90, 189-202
- Csereklyei, Z., Qu, S., & Ancev, T., 2019, The effect of wind and solar power generation on wholesale electricity prices in Australia. Energy Policy, Vol. 131, pp. 358-369. https://doi.org/10.1016/j.enpol.2019.04.007
- Heard B., et al., 2017, Burden of proof: a comprehensive review of the feasibility of 100% renewable-electricity systems. Renewable Sustainable Energy Reviews, Vol. 76, pp. 1122-33. https://doi.org/10.1016/j.rser.2017.03.114
- Hirth, L. 2013. The market value of variable renewables. The effect of solar wind power variability on their relative price, Energy Economics, Vol. 38, pp. 218-236. https://doi.org/10.1016/j.eneco.2013.02.004
- Hirth, L., Ueckerdt, F., & Edenhofer, O., 2015, Integration Costs revisited - An economic framework for wind and solar variability. Renewable Energy, Vol. 74, pp. 925-939 https://doi.org/10.1016/j.renene.2014.08.065
- Holttinen, Hannele, et al., 2011, Impacts of large amounts of wind power on design and operation of power systems, results of IEA collaboration, Wind Energy, Vol. 14, No. 2, pp. 179-192. https://doi.org/10.1002/we.410
- Jeon, W. Y., and Mo, J. Y., 2017, The Economic Cost of Wind Uncertainty : The case of Jeju Island New & Renewable, Energy Vol. 13, No. 2, pp. 21-29
- Kim, E. H., Park, Y. G., & Roh, J. H., 2019, Competitiveness of open-cycle gas turbine and its potential in the future Korean electricity market with high renewable energy mix, Energy Policy, 129(March), pp. 1056-1069 https://doi.org/10.1016/j.enpol.2019.03.014
- Lee, H. S, et al., 2017, Study of social cost by expanding renewable energy, MOTIE, pp. 34-42
- Matthew, W, et al., 2015, Projected Costs of Generating Electricity, IEA, pp 154-196.
- Mount, Timothy, et al., 2010, The Hidden System Costs of Wind Generation in a Deregulated Electricity Market Energy Journal, Vol. 33. pp. 1-10
- Milligan, Michael, et al., 2010, Operating reserves and wind power integration: An international comparison, NREL, pp 8-14
- Nayar, C. V., et al., 1993, Novel wind/diesel/battery hybrid energy system, Solar energy, Vol. 51.1 pp. 65-78. https://doi.org/10.1016/0038-092X(93)90043-N
- Notton, G, et al., 2018, Intermittent and stochastic character of renewable energy sources: Consequences, cost of intermittence and benefit of forecasting, Renewable and Sustainable Energy Reviews 87, pp. 96-1051 https://doi.org/10.1016/j.rser.2018.02.007
- Pietzcker, R. C., et al. 2017, System integration of wind and solar power in integrated assessment models: A cross-model evaluation of new approaches., Energy Economics, Vol. 64 pp. 583-599. https://doi.org/10.1016/j.eneco.2016.11.018
- Simshauser P., 2009, The hidden Costs of wind generation in a thermal power system: what cost?, Australian Economic Review, Vol. 44, No. 3, pp. 269-292 https://doi.org/10.1111/j.1467-8462.2011.00646.x
- Sinn, H. W., 2017, Buffering volatility: A study on the limits of Germany's energy revolution, European Economic Review, 99, pp. 130-150 https://doi.org/10.1016/j.euroecorev.2017.05.007
- Ueckerdt, F., et al., 2013, System LCOE: What are the Costs of variable renewables?, Energy, Vol. 63, pp. 61-75 https://doi.org/10.1016/j.energy.2013.10.072
- Ueckerdt, F., et al., 2015. Representing power sector variability and the integration of variable renewables in long-term energy-economy models using residual load duration curves, Energy, Vol. 90, pp. 1799-1814. https://doi.org/10.1016/j.energy.2015.07.006
- Warren, K., & Jay, A., 2012. The cost of wind power variability. Energy Policy, Vol. 51, pp. 233-243. https://doi.org/10.1016/j.enpol.2012.07.032