• Title/Summary/Keyword: New energy industry

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Mid- and Long-term Forecast of Forest Biomass Energy in South Korea, and Analysis of the Alternative Effects of Fossil Fuel (한국의 산림바이오매스에너지 중장기 수요-공급전망과 화석연료 대체효과 분석)

  • Lee, Seung-Rok;Han, Hee;Chang, Yoon-Seong;Jeong, Hanseob;Lee, Soo Min;Han, Gyu-Seong
    • New & Renewable Energy
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    • v.18 no.3
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    • pp.1-9
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    • 2022
  • This study analyzed the anticipated supply-and-demand of forest biomass energy (through wood pellets) until 2050, in South Korea. Comparing the utilization rates of forest resources of five countries (United Kingdom, Germany, Finland, Japan, and S. Korea), it was found that S. Korea does not nearly utilize its forest resources for energy purposes. The total demand for wood pellets in S. Korea (based on a power generation efficiency of 38%) was predicted to be 3,629 and 4,371 thousand tons in 2034 and 2050, respectively. The anticipated total wood pellet power generation ratio to target power consumption is 1.13% (5,745 GWh), 1.17% (6,336 GWh), and 1.25% (7,631 GWh) in 2020, 2030, and 2050, respectively. Low value-added forest residues left unattended in forests are called "Unused Forest Biomass" in S. Korea. From the analysis, the total annual potential amount of raw material, sustainably collectible amount, and available amount of wood pellet in 2050 were estimated to be 6,877, 4,814, and 3,370 thousand tons, respectively. The rate of contribution to Nationally Determined Contributions was up to 0.64%. Through this study, the authors found that forest biomass energy will contribute to a carbon neutral society in the near future at the national level.

Development of DSM Potential Evaluation Procedures and Algorithm (DSM 잠재량 평가절차 및 알고리즘 개발)

  • Rhee, Chang-Ho;Park, Jong-Jin
    • Proceedings of the KIEE Conference
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    • 1997.07c
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    • pp.917-919
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    • 1997
  • Recently, electric industry confront a strategical change and high competiveness environment in the course of deregulation. Especially, rapid growth in electricity demand, financial need for new power plant construction, and environmental problems have led to search for more efficient energy production and energy conservation technologies in Korea. Due to the potential energy and cost savings, DSM(Demand-Side Management) plays and important role in the electric resource planning. In this paper, we suggest DSM potential evaluation procedures and algorithm. Also, we present screening analysis methods for DSM potential evaluation.

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A study on new & renewable energy capacity factor in Feed-In Tariff fund (신재생에너지 이용률이 발전차액에 미치는 영향에 관한 연구)

  • Jeon, Byung-kyu;Moon, Joon-sang;Oh, Seok-hwan
    • 한국신재생에너지학회:학술대회논문집
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    • 2009.06a
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    • pp.200-203
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    • 2009
  • 현재 발전차액 지원을 받고 있는 신재생에너지 전원은 태양광, 풍력, 수력, 매립가스, 바이오 가스, 연료전지 등 6개 전원이 있다. 신재생에너지 중에서 태양광, 조력, 연료전지, 풍력의 기준가격은 고정가격이며, 폐기물은 변동가격이고, 수력, 매립가스, 바이오가스, 바이오매스는 고정가격과 변동가격 중에서 선택할 수 있도록 되어 있다. 지난 2년간 신재생에너지 발전소 실적 이용률을 기준가격 적용 이용률과 비교해 보면 매립가스(20MW 미만), 바이오가스, 연료전지 이용률은 기준가격 적용 이용률 보다 낮게 나타났으며, 특히 바이오가스는 실적 이용률이 매우낮게 나타났다. 기타 신재생에너지 전원은 실적 이용률이 높게 나타났다. 발전차액(기반기금)은 기준가격에서 계통한계가격을 뺀 금액을 의미하며 고정가격, 변동가격의 요금선택에 따라 발전차액에 미치는 요소들이 달라진다. 고정가격을 선택한 경우는 계통한계가격, 이용률(전력 거래량)이 영향을 미치며 변동가격을 선택한 경우는 이용률만이 발전차액에 영향을 미친다.

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Application of Pervaporation Membrane Process in Petrochemical Industry (석유화학공업에서의 투과증발막의 응용)

  • Nam, Sang-Yong
    • Membrane Journal
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    • v.17 no.1
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    • pp.1-13
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    • 2007
  • Pervaporation process using membrane is newly emerging energy saying and cost effect process instead of distillation process. Especially, in pertrochemical industry, pervaporation process is a strong candidate to substitute the conventional energy consuming processes because that petrochemical industry has much energy consuming separation processes, many azeotrope mixtures to separate and needs to compact space to install new process units. Aromatic/aliphatic separation including benzene/cyclohexane mixture, olefin/paraffin separation, xylene isomer separation, reactive monomer recovery and sulfur compound removal from gasoline have been inversitigated for the application of pervaporation membrane process by many researchers and are under commercializing.

Study on the Pressurized Steam Reforming of Natural Gas and Biogas Mixed Cokes Oven Gas (코크스오븐가스 기반 천연가스, 바이오가스가 혼합된 연료의 가압 수증기 개질 반응에 관한 연구)

  • CHEON, HYUNGJUN;HAN, GWANGWOO;BAE, JOONGMYEON
    • Journal of Hydrogen and New Energy
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    • v.30 no.2
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    • pp.111-118
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    • 2019
  • Greenhouse gas emissions have a profound effect on global warming. Various environmental regulations have been introduced to reduce the emissions. The largest amount of greenhouse gases, including carbon dioxide, is produced in the steel industry. To decrease carbon dioxide emission, hydrogen-based iron oxide reduction, which can replace carbon-based reduction has received a great attention. Iron production generates various by-product gases, such as cokes oven gas (COG), blast furnace gas (BFG), and Linz-Donawitz gas (LDG). In particular, COG, due to its high concentrations of hydrogen and methane, can be reformed to become a major source of hydrogen for reducing iron oxide. Nevertheless, continuous COG cannot be supplied under actual operation condition of steel industry. To solve this problem, this study proposed to use two alternative COG-based fuel mixtures; one with natural gas and the other with biogas. Reforming study on two types of mixed gas were carried out to evaluate catalyst performance under a variety of operating conditions. In addition, methane conversion and product composition were investigated both theoretically and experimentally.

Economic Analysis of GHG Emission Reduction Methodology in Pulp, Paper and Wood Industry Approved by Korea Voluntary Emission Reduction Program (온실가스배출 감축사업(KVER) 제지목재 분야 인증 감축방법의 경제성 분석)

  • Kim, Young Min;Song, Myung Ho
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.27 no.1
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    • pp.39-43
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    • 2015
  • The Energy and Green House Gas target management system was launched by the Korean Government in 2010. The Korea Emission Trading System will start in 2015. Therefore, simultaneous pursuit of energy saving and greenhouse emission reduction through energy use rationalization is an important obligation of Korean engineers, who import about 97% of domestic energy consumption. Economic analysis of the GHG emission reduction methodologies registered and approved by Korea Voluntary Emission Reduction (KVER) program was conducted. The results for waste heat recovery employed in an energy intensive pulp, paper and wood industry were reported. The emission reduction intensities were 9.7 kg $CO_2$/ton_pulp production. Net Present Value analysis showed that the GHG emission reduction was economically beneficial with an internal rate return of 60%. The results of exergy analysis indicated that the second law efficiencies of waste heat recovery system employed in KVER program were 77.3% and 53.6%. NPV decreased as the exergy decreased.

Demonstration Results of Fuel Cell Buses of Hyundai Motor Company (현대자동차 연료전지버스 실증 운영 결과)

  • Park, Jeongkyu;Lee, Seungyoon;Kim, Donghoon;Jin, Youngpin;Park, Jongjin;Kim, Saehoon
    • Journal of Hydrogen and New Energy
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    • v.25 no.3
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    • pp.264-270
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    • 2014
  • Fuel cell technology is the most representative area of alternative energy field on vehicle industry according to the limitation of petroleum resources. In recent years, the technology of fuel cell vehicles has made rapid progress, Hyundai Motor Company (HMC) reached to mass production of the Tucson ix hydrogen fuel cell vehicles first in the world. In addition, HMC is accelerating the development of hydrogen fuel cell buses, which have a number of advantages for hydrogen infrastructure and mass transport personnel. In this study, we examined potential of the commercialization through the demonstration of hydrogen fuel cell buses. As a result, we identified that the mass-production possibility of FCB has high potential and HMC's technology will lead to fuel cell bus industry.

Impact of ESG (Environmental, Social, Governance) on the Performance of Electric Utilities (ESG(Environmental, Social, Governance)가 발전기업의 성과에 미치는 영향)

  • Ko, Byungguk;Lee, Kyuhwan;Yoon, Yongbeum;Park, Soojin
    • New & Renewable Energy
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    • v.18 no.2
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    • pp.60-72
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    • 2022
  • The environmental, social, and governance (ESG) score is gaining recognition as important nonfinancial investment criteria. With climate change emerging as a global issue, energy companies must pay attention to the ESG impact on corporate performance. In this study, the ESG impact on the performance of energy companies was analyzed based on 23 companies selected from the S&P 500. The panel corrected standard error methodology was used. The Refinitiv ESG score was the independent variable, and financial performance metrics, such as Tobin's Q, return on assets, and return on equity, were the dependent variables. It was found that the ESG score is positively associated with long-term corporate value but not with short-term profitability in the electricity utility industry. Among the subcategories of ESG, the environmental and social scores also showed positive correlations with long-term corporate value. A direct incentive policy is recommended that can offset expenses for ESG activities to reduce carbon emission in the energy sector.

CFD Numerical Calcultion for a Cavity Matrix Combustor Applying Biogas (바이오가스 적용 캐비티 매트릭스 연소기 CFD 수치연산)

  • CHUN, YOUNG NAM;AN, JUNE
    • Journal of Hydrogen and New Energy
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    • v.33 no.5
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    • pp.598-606
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    • 2022
  • With the advancement of industry, the use of various sustainable energy sources and solutions to problems affecting the environment are being actively requested. From this point of view, it is intended to directly burn unused biogas to use it as energy and to solve environmental problems such as greenhouse gases. In this study, a new type of cavity matrix combustor capable of low-emission complete combustion without complex facilities such as separation or purification of biogas produced in small and medium-sized facilities was proposed, and CFD numerical calculation was performed to understand the performance characteristics of this combustor. The cavity matrix combustor consists of a burner with a rectangular porous microwave receptor at the center inside a 3D cavity that maintains a rectangular parallelepiped shape composed of a porous plate that can store heat in the combustor chamber. As a result of numerical calculation, the biogas supplied to the inlet of the combustor is converted to CO and H2, which are intermediate products, on the surface of the 3D matrix porous burner. And then the optimal combustion process was achieved through complete combustion into CO2 and H2O due to increased combustibility by receiving heat energy from the microwave heating receptor.

Deep Learning Based Electricity Demand Prediction and Power Grid Operation according to Urbanization Rate and Industrial Differences (도시화율 및 산업 구성 차이에 따른 딥러닝 기반 전력 수요 변동 예측 및 전력망 운영)

  • KIM, KAYOUNG;LEE, SANGHUN
    • Journal of Hydrogen and New Energy
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    • v.33 no.5
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    • pp.591-597
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    • 2022
  • Recently, technologies for efficient power grid operation have become important due to climate change. For this reason, predicting power demand using deep learning is being considered, and it is necessary to understand the influence of characteristics of each region, industrial structure, and climate. This study analyzed the power demand of New Jersey in US, with a high urbanization rate and a large service industry, and West Virginia in US, a low urbanization rate and a large coal, energy, and chemical industries. Using recurrent neural network algorithm, the power demand from January 2020 to August 2022 was learned, and the daily and weekly power demand was predicted. In addition, the power grid operation based on the power demand forecast was discussed. Unlike previous studies that have focused on the deep learning algorithm itself, this study analyzes the regional power demand characteristics and deep learning algorithm application, and power grid operation strategy.