• Title/Summary/Keyword: Renewable Energy Policy

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Identification of Potential Environmental Impacts among Renewable Energy Technologies Promising to Minimize Global Warming (지구온난화 최소화를 위한 신재생 에너지들의 잠재환경영향)

  • Kim, Yong-Bum;Chung, Yong
    • Journal of Environmental Impact Assessment
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    • v.17 no.1
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    • pp.67-79
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    • 2008
  • Global warming, which is one of the most serious challenges, has been the subject of intense debate and concern for many scientists, policy-makers, and citizens for at least the past decade. To protect the health and economic well-being of current and future generations, we must reduce our emissions like carbon dioxide. Alternatives to achieve an energy future without serious global warming are to change to clean and renewable sources of energy like the wind, the sun lights, rivers, the biomass, hydrogen, and oceans. To identify some of the key and new environmental impacts associated with renewable energy and hydrogen energy, we set up the new conceptual methodology. Specifically, new identified environmental and health impacts are related with the usage of hydrogen energy. When comparing with fossil fuel, the renewable energies can reduce the release of carbon dioxide when they are used except hydrogen produced from fossil fuel. However, all renewable energy technologies are not appropriate to all applications or locations. Our results suggest that all of alternatives to replace fossil fuel can release the several global and local impacts although they seems to be smaller than the impacts from fossil fuel. Therefore, the quantitative and detail analysis to assess environmental impacts of the alternative energies might be useful to make our decision for the future energy against the global warming.

Process of Cost Estimation in Feasibility Analysis Considering ratio of Renewable Portfolio Standard (신·재생에너지 공급의무화제도(RPS) 비율을 고려한 타당성 분석의 공사비 산정 프로세스)

  • Yang, Hyun-Ju;Kim, Jong-Hyeob;Han, Sangwon;Hyun, Chang-Taek
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2014.05a
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    • pp.44-45
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    • 2014
  • Recently the Korean government also has strictly restricted a law such as GBCC(Green Building Certification Criteria)and RPS(Renewable Portfolio Standard) on the construction. Especially the government announced a obligation of renewable energy consumption over 12% for all the public buildings of total area over 1,000㎡ since 2014. Regarding to the policy, this study presented the economics of energy analysis of the public office buildings that supplies 12% renewable energy output in the early stage of construction project. This paper calculated on CO2 emission by the geothermal, solar heat, and solar photovoltaic system and estimated the saving cost. Reduced cost through the energy saving are predicted to influence on the total construction cost. As a result air pollution and energy saving cost are expected that renewable energy system would be saving total initial cost of construction on planning phase.

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A Mechanism of IPP's(Coal Fired) Optimal Power Generation According to Introduction of RPS(Renewable Portfolio Standard) (RPS제도 도입에 따른 민간 석탄 발전소의 최적 발전량 결정 메커니즘 연구)

  • Ha, Sun-Woo;Lee, Sang-Joong
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.65 no.7
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    • pp.1135-1143
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    • 2016
  • A private company's 1,000 MW coal-fired power plant will be the first coal-fired power plant that was included in the 5th 'Basic Plan on Electricity Demand and Supply' (2010). Now it is facing the task to abide by the RPS(Renewable Portfolio Standard) policy after commercial operation. If they fail to supply the necessary REC (Renewable Energy Certificate) mandated by the RPS policy, they are subject to be fined by the government and forced to modify the cost function to reflect the burden. Eventually the company's coal-fired power plant will be forced to reduce generation to maximize profit because the amount of electricity generated by the power plant and the REC obligation is positively correlated. This paper analyzed the change of cost function of private coal-fired power plant according to the introduction of RPS policy from the viewpoint of private company, and finally proposed the optimal generation to maximize the profit of private coal-fired power plant under the current RPS policy.

A Study on the Energy Saving Capacity of Solar Power Generation System using Economic Evaluation (경제성 평가를 통한 태양광발전시스템 연계형 에너지저장장치 용량 선정에 관한 연구)

  • Lee, Yeo-Jin;Kim, Sung-Yul;Han, Se-Kyung
    • The Transactions of the Korean Institute of Electrical Engineers P
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    • v.67 no.1
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    • pp.21-26
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    • 2018
  • Due to the international environmental regulations and changes in policies, the demand for generators using the renewable energy is increasing. However, renewable energy generators with intermittent output characteristics such as solar and wind power generators, need the buffer facilities such as ESS during system operations. However, because of low price competitiveness in energy storage system, it is difficult to operate the renewable energy generator with ESS. Therefore, the government has recently proposed a policy to compensate the REC for renewable energy system with ESS. For all this, since the initial cost of the ESS is high, it is the most important to calculate and operate the optimal capacity of the ESS through an economic analysis. In this paper, we proposed the method of calculation the optimal capacity of ESS and analyzed economic feasibility of renewable energy system using the ESS according to depreciation in ESS price.

A Study on the Successful Introduction of Renewable Portfolio Standards Using Linear Programming Models (선형계획법을 이용한 RPS 제도의 효과적 도입 방안)

  • Lee, Hyeong-Seok;Yang, Seung-Ryong
    • Environmental and Resource Economics Review
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    • v.19 no.1
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    • pp.159-198
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    • 2010
  • The Korean government is planning to introduce the Renewable Portfolio Standard (RPS) system to replace the currently used Feed-in-Tariff (FIT) system which is a subsidy-based mechanism to foster the renewable energy industry. The RPS system is a market-oriented system in which the power companies are obliged to use renewable energy sources to produce electricity by a certain ratio of their production level. They can either produce for themselves or simply purchase the REC (renewable energy certificate) in the market to implement. The objective of this article is to compare the RPS system with the current FIT system in terms of the implementing cost to achieve the policy goal to expand the share of renewable energy m the total power generation. The analysis is conducted using Linear Programming models. The results of this study imply several policy suggestions to successfully introduce the RPS system.

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REC Distortion as a Quantitative Control Policy due to REC Depreciation (REC 명목가치 하락으로 인한 양적 통제장치로서의 RPS 왜곡)

  • Yu, Jongmin;Lee, Jaeseok
    • Environmental and Resource Economics Review
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    • v.31 no.1
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    • pp.51-83
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    • 2022
  • Renewable Portfolio Standards (RPS), one of the most commonly adopted regulation for renewable energy expansion since 2012, has the obvious advantage of inducing competition in power generation source and alleviating the government's financial burden. However, the abuse of credit multipliers and the use of national Renewable Energy Credits (RECs) have resulted in the distortion of RPS as a quantitative control policy. Just as no face value 10 years ago can hold its real value, this paper highlights for the first time that 27.8% of total renewable obligations over the total RPS period were not actually met due to REC inflation and the consequent decline in the value of renewable energy generation. In addition, the distortion of face/real value of REC causes problems in interoperability with other government policies such as RE100 and Emission Trading System.

Economic Analysis of High-tech Glass Greenhouse through the Convergence of New Renewable Energy -Focusing on the Convergence of Geothermal and Solar Power- (신.재생에너지 융합을 통한 첨단 유리온실의 경제성 분석 -지열과 태양광 융합을 중심으로-)

  • Chung, Jong-Hwa;Yoon, Sung-Yi
    • Korean Journal of Organic Agriculture
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    • v.22 no.4
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    • pp.593-610
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    • 2014
  • The whole world concentrates on the reduction of greenhouse gas to effectively cope with policy toward global climate change. To effectively react to climate change, even the agricultural sector requires construction of new farming systems that utilizes new and renewable energy because of rising oil prices and regulations for greenhouse gas emissions. For this reason, we need to fuse the new and renewable energy with the horticulture sector of which the light and heat energy cost accounts for great part, moreover, efforts and researches should me done which can increase income of farmers through reducing carbon dioxide and energy cost in agricultural production expenses. Therefore, this study analyzes economic feasibility and applicability of fusing geothermal heat pump and solar power facilities with high-tech glass greenhouse. As a result, it is concluded that there surely are an applicability and economic feasibility if we apply new development system that can be an alternative for problems of securing premises of existing geothermal heat pump and the RPS system as a power generation company in case of solar power. Therefore, using this analysis data, if new empirical studies fusing and implementing agriculture sector with new and renewable energy fields proliferate and be applied to actual rural and agricultural field, it will increase actual income and will become a new advanced agricultural system that effectively deals with world-wide environmental problems.

Estimating the Value of the North Korean Renewable Energy Power Market Taking into Account North Korea's Power Generation and the Safety of Its Inhabitants (북한 발전과 주민 안전을 고려한 북한 신재생에너지 전력 시장 가치 추정)

  • Jang, Hyung Sik;Koo, Il Seob
    • Journal of the Korea Safety Management & Science
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    • v.24 no.3
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    • pp.75-84
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    • 2022
  • While protecting its lives and property from natural disasters such as floods and droughts, North Korea needs to develop into an informationized industrial society by securing renewable energy power in the era of energy transition. In addition, existing research has considered that a policy of continuous and consistent expansion of renewable energy based on the safety of the lives of ordinary people could be the solution. South Korea needs to recognize that the supply of energy for a minimum of living is more important to the North Korean people than the economic benefits of securing North Korea's renewable energy market. Therefore, in this paper, from that point of view, we have calculated the amount of electricity that North Korea lacks necessary for the lives of its inhabitants that can be replaced by renewable energy, and considered ways to estimate the market value.

Design, Fabrication and temperature measuring experiments of solar collecting system using a single module reflectors (단일 모듈 반사경을 이용한 태양열 집열 시스템의 설계, 제작 및 온도측정 시험연구)

  • Yang, Byeong-Soo;Yang, Woo;Seo, Tae-Il;Son, Chang-Woo
    • Design & Manufacturing
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    • v.13 no.1
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    • pp.19-24
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    • 2019
  • Currently, the world is paying keen attention to the production of renewable energy along with environmental issues, and the share of renewable energy in the world is rising above that of nuclear power. Especially when Korea, which is heavily dependent on foreign countries, needs to reconsider its national competitiveness due to the recent high oil prices, the government's energy policy is to develop and use renewable energy that replaces fossil fuels. In particular, solar energy, the most actively studied and commercialized field of renewable energy, is the main research for solar energy and is commercialized and used. However, the efficiency of solar energy has already reached saturation. Studies are also focusing on increasing the reflectivity of solar energy to increase efficiency. Therefore, this paper proposes a solar collection system that can utilize solar energy rather than solar energy. The proposed solar heat collection system uses solar tracking systems to effectively collect solar energy, particularly those that can be easily produced using single-modular reflectors and have price competitiveness. In addition, temperature measurement experiments with temperature measuring sensors were conducted to ensure reliability in order to verify the results interpreted.

A Research on PV-connected ESS dissemination strategy considering the effects of GHG reduction (온실가스감축효과를 고려한 태양광 연계형 에너지저장장치(ESS) 보급전략에 대한 연구)

  • Lee, Wongoo;KIM, Kang-Won;KIM, Balho H.
    • Journal of Energy Engineering
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    • v.25 no.2
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    • pp.94-100
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    • 2016
  • ESS(Energy Storage System) is an important source that keeps power supply stable and utilizes electricity efficiently. For example, ESS contributes to resolve power supply imbalance, stabilize new renewable energy output and regulate frequency. ESS is predicted to be expanded to 55.9GWh of installed capacity by 2023, which is 30 times more than that of 2014. To raise competitiveness of domestic ESS industry in this increasing world market, we have disseminated load-shift ESS for continuous power supply imbalance with FR ESS, and also necessity to secure domestic track record is required. However in case of FR ESS, utility of installing thermal power plant is generally generated within 5% range of rated capacity, so that scalability of domestic market is low without dramatic increase of thermal power plant. Necessity of load-shift ESS dissemination is also decreasing effected by surplus backup power securement policy, raising demand for new dissemination model. New dissemination model is promising for $CO_2$ reduction effect in spite of intermittent output. By stabilizing new renewable energy output in connection with new renewable energy, and regulating system input timing of new renewable energy generation rate, it is prospected model for 'post-2020' regime and energy industry. This research presents a policy alternatives of REC multiplier calculation method to induce investment after outlining PV-connected ESS charge/discharge mode to reduce GHG emission, This alternative is projected to utilize GHG emission reduction methodology for 'Post-2020' regime, big issue of new energy policy.