• The Journal of Society for e-Business Studies
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• v.24 no.2
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• pp.125-141
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• 2019

This paper provides economic analysis for a residential photovoltaic (PV) power system of 5 districts in China and Thailand, using SAM (System Advisor Model) data. Unlike existing literature, the analysis is conducted from the investment timing perspective, as applying to a real option model which can incorporate the cost uncertainty of the PV system and a resident's option to delay the investment. This study shows that the gap of optimal investment times between a real option model and a generally used net present value model ranges from about 6 to 14 years. Also, we found a contracting result for a particular district that, while the investment is appropriate according to the net present value model, it is more reasonable to delay the PV system investment in terms of the real option model.

• Journal of the Korean Society of Industry Convergence
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• v.25 no.2_2
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• pp.209-218
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• 2022

The purpose of this study is to analyze an economic assessment of PV-ESS systems based on the power generation performance data of solar power (PV) operating in domestic area, and to calculate the optimal capacity of the energy storage system. In this study, PVs in Gyeonggi-do, Jeollabuk-do, and Gyeongsangbuk-do were targeted, and PVs in this area were assumed to be installed on a general site, and the research was conducted by applying weights based on the facility's capacity. All the analysis was conducted using the actual amount of KPX transactions of PVs in 2019. In order to calculate the optimal capacity of PCS and BESS according to GHI, PV with a minimum/maximum/central value was selected by comparing the solar radiation before the horizontal plane between three years (2017-2019) of the location where PV was installed. As a result of the analysis, in Gyeonggi-do, if the REC weight decreases to 3.4 when there is no change in the cost of installing BESS and PCS, it is more economical to link BESS than PV alone operation of PV. In Jeollabuk-do, it was analyzed that if the REC weight was reduced to 3.6, it was more likely to link BESS than PV operated alone. In Gyeongsangbuk-do, it was analyzed that if the REC weight was reduced to 3.4, it was more likely to link BESS than PV operated alone.

• Journal of the Korea Convergence Society
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• v.2 no.4
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• pp.21-27
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• 2011

Recently, new distributed power sources such as photovoltaic, wind power, fuel cell systems etc. are energetically interconnected and operated in the distribution feeders, as one of the national projects for alternative energy. When new power sources are considered to be interconnected to distribution systems, bi-directional power flow and interconnection conditions of new power sources may cause several power quality problems like voltage sag, voltage swell, harmonics, since new power sources can change typical characteristics of distribution systems. Under these situations, this paper deals with the analysis the power quality problems at primary and secondary feeders in distribution systems, when new power sources like photovoltaic (PV) systems are interconnected, by using the test devices for PV systems based on the LabVIEW S/W. This paper presents the test device which is consisted with model distribution system and model PV systems. By performing the simulation for power quality operation characteristic based on the test facilities, this paper presents the optimal countermeasures for power quality.

• Journal of Power Electronics
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• v.11 no.2
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• pp.179-187
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• 2011

This paper proposes a MATLAB Simulink simulator for photovoltaic (PV) systems. The main contribution of this work is the utilization of a two-diode model to represent a PV cell. This model is known to have better accuracy at low irradiance levels which allows for a more accurate prediction of PV system performance. To reduce computational time, the input parameters are reduced to four and the values of $R_p$ and $R_s$ are estimated by an efficient iteration method. Furthermore, all of the inputs to the simulator are information available on a standard PV module datasheet. The simulator supports large array simulations that can be interfaced with MPPT algorithms and power electronic converters. The accuracy of the simulator is verified by applying the model to five PV modules of different types (multi-crystalline, mono-crystalline, and thin-film) from various manufacturers. It is envisaged that the proposed work can be very useful for PV professionals who require a simple, fast and accurate PV simulator to design their systems.

• Proceedings of the KIEE Conference
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• summer
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• pp.1544-1546
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• 2004

This paper describes the element of solar cell's characteristics, photovoltaic system and solar tracking through experiment. Furthermore, it proposes the experiment results of the PV system is contained solar modules, power conditioning system and the solar tracking system using air compress charging energy The experimental results show that the PV system is always operated at maximum power of solar cells and tracking the sun in order to generate efficiently power generation and propose a capability of its application.

• Journal of the Korea Institute of Military Science and Technology
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• v.24 no.3
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• pp.309-316
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• 2021

In this paper, the electrical power output of the micro-combustor thermophotovoltiac(TPV) system was analyzed. The system consists of a micro-combustor, photonic crystals(PhCs), and photovoltaic cells(PV cells). The system has a micro-combustor that can achieve over 1,000 K surface temperature by consuming 2.5 g/h hydrogen fuel. Also, this system incorporates current state-of-the-art PhCs surfaces(2D Ta PhCs and Tandem Filter) to increase electrical power output. In addition, InGaAsSb PV cell, which bandgap is 0.55 eV, was applied to convert a wide range of radiative energy. The performance analysis shows that a single micro-combustor TPV system can produce 0.4 W ~ 27.7 W electrical power with the temperature change of emitter(900 K ~ 1,500 K) and PV cell(250 K ~ 400 K).

• Journal of Korea Multimedia Society
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• v.23 no.9
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• pp.1171-1180
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• 2020

The number of the PV systems installed in south korea has been gradually increasing. Interest of operation & management of PV System is rising up as PV System installation trends to increase. The vital function of operation & management is the monitoring system. Most monitoring systems are only available for equipment of suppliers and manufacturers. In this study, a monitoring system was implemented to support multi-domain equipment (inverter, junction box, water distribution board, environmental sensors) that are not limited to specific manufacturers. Monitoring system includes a visualization function, which makes it easy for users to check the power generation and the operation status of the equipment of PV System. In the future, this monitoring system will be utilized as an operation & maintenance foundation element in the PV system industry.

• New & Renewable Energy
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• v.2 no.4 s.8
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• pp.86-92
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• 2006

This paper analyses the economics of 50kW PV system installed in Tibet and using domestic technology. We show that this system can be expanded to very large-scale photovoltaic power generation [VLS-PV] system successfully. Based on this result, we conduct the economic analysis of 100MW VLS-PV system designed assuming that it will be installed from 2008 to 2017 in Tibet. In this analysis, future price of PV module and system are estimated based on the methodology of experience curve. In 50kW PV system, the generation cost is calculated at 567.2 won/kWh and this is lower than the one of domestic PV system. In future 100MW VLS-PV system. the generation cost is calculated at 305.4 won/kWh by declining system price. If the lifetime and efficiency of the system goes up, due to future technological improvements, the generation cost can be lowered. Moreover, under the environmental and political effect, VLS-PV system can be as competitive as the conventional energy within 20 years.

• Journal of Advanced Marine Engineering and Technology
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• v.31 no.5
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• pp.583-591
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• 2007

This paper reports the performance of a 150W PV-wave hybrid system with battery storage in buoy. This system was originally designed to meet a new hybrid ower system for buoy in Korea. In the case or lighted buoys and lighthouses, a light failure alarm system of wireless radio is attached so that light failures are immediately notified to the office. At lighthouse offshore fixed lights and light buoys where commercial electricity is not available, the power source depends on solar system and batteries. This power system has a various problems. Therefore energy derived from the sunshine, wind and waves has been used as the energy source lot aids to navigation. Recently a hybrid system of combining the solar, wind and the wave generator is a favorable system lot the ocean facilities like lighthouse and buoy. The hybrid system in this paper is intended for variable DC load like light, communication system in the buoy and includes a PV-wane generation system and battery. This is composed a high efficiency charging algorithm, switching converter and controller. This paper includes discussion on system reliability, power quality, and effects of hybrid system in the buoy. Simulation and experimental results show excellent performance.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.67 no.9
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• pp.1174-1180
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• 2018

In December 2017, the government announced plans to increase the current proportion of renewable energy from 7% to 20% by 2030 through a plan called the Renewable Energy 3020 Implementation Plan. Therefore, the demand for installation of photovoltaic(PV), wind turbine(WT) and battery energy storage system(BESS) is expected to increase. In particular, the system combined with energy storage system(ESS) is expected to take up a large portion since PV and WT can receive high renewable energy certificates(REC) weights when combined with ESS. In this study, we calculate the optimal capacity of the power conditioning system(PCS) and the BESS by comparing the economical efficiency and maximize the efficiency of the PV-BESS system in which the PV and the BESS are connected. By analyzing the system marginal price(SMP) and REC, it maximize profits through application of REC weight 5.0 and optimal charge-discharge scheduling according to the SMP changes.