• Title/Summary/Keyword: Renewable Energy Policy

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Analysis on the EU Energy Market Trends and Policies

  • Kim Eun-Sun;Koo Young-Duk;Park Young-Seo
    • Journal of information and communication convergence engineering
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    • v.3 no.2
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    • pp.63-66
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    • 2005
  • In 2000, the EU set up an energy policy related renewables use for electricity demand up to $22\%$ on the purpose of preventing energy exhaustion and world climate exchange. Technology development and energy production policy on coal, oil and natural gas focus on how to minimize their environmental effects since the world energy system will continue to be dominated by fossil fuels with almost $90\%$ of total energy supply in 2030. In the long run, the EU drives expansion policy of the renewable energy. If related policies and programs will show successful operation in the near future and will be resulted in increase of budget, we could expect the possibility of expansion of renewable energy market in Korea in the future.

Key Technologies for Stabilization of Power System for Successful Achievement of 3020 Renewable Energy Policy (3020신재생에너지 정책의 성공적 달성을 위한 전력계통 안정화 핵심기술 개발 방향)

  • Kim, Hun-Tae;Jhang, Seong-Su
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.67 no.2
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    • pp.149-157
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    • 2018
  • Recently, because Korean government's 3020 renewable energy policy is implemented, renewable energy sources are connected in the power system. The power quality of the Korean power system has been maintained at the highest level in the world, but it will become difficult to maintain the highest level of power quality as the proportion of renewable energy source, which is characterized by severe output fluctuation and difficult control, increases. For those reasons, this paper analyzed Key technologies for stabilization of power system.

A Study on the Estimation of Optimal ESS Capacity Considering REC Weighting Scheme (REC 가중치를 고려한 최적 ESS 용량 산정에 관한 연구)

  • Lee, Sungwoo;Kim, Hyoungtae;Shin, Hansol;Kim, Tae Hyun;Kim, Wook
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.67 no.8
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    • pp.1009-1018
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    • 2018
  • As the generation of renewable energy increases rapidly, the stability of the grid due to its intermittency becomes a problem. The most appropriate way to solve this problem is to combine and operate the renewable generators with the ESS(Energy Storage System). However, since the revenues of operating the ESS are less than the investment cost, many countries are implementing various incentive policies for encouraging investment of the ESS. In this paper we estimated optimal capacity of the ESS to maximize profits of renewable energy generation businesses under the incentive policy of Korea and analyzed the impact of the incentive policy on the future electric power system of Jeju island. The simulation results show that the incentive policy has significantly improved the profitability of the renewable energy businesses generation business. But the volatility of the net demand has increased as the energy stored in the ESS is discharged intensively at the time of the incentive application.

Comparative Analysis on the Characteristic of Typical Meteorological Year Applying Principal Component Analysis (주성분분석에 의한 TMY 특성 비교분석)

  • Kim, Shin Young;Kim, Chang Ki;Kang, Yong Heack;Yun, Chang Yeol;Jang, Gil Soo;Kim, Hyun-Goo
    • Journal of the Korean Solar Energy Society
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    • v.39 no.3
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    • pp.67-79
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    • 2019
  • The reliable Typical Meteorological Year (TMY) data, sometimes called Test Reference Year (TRY) data, are necessary in the feasibility study of renewable energy installation as well as zero energy building. In Korea, there are available TMY data; TMY from Korea Institute of Energy Research (KIER), TRY from the Korean Solar Energy Society (KSES) and TRY from Passive House Institute Korea (PHIKO). This study aims at examining their characteristics by using Principle Component Analysis (PCA) at six ground observing stations. First step is to investigate the annual averages of meteorological elements from TMY data and their standard deviations. Then, PCA is done to find which principle components are derived from different TMY data. Temperature and solar irradiance are determined as the main principle component of TMY data produced by KIER and KSES at all stations whereas TRY data from PHIKO does not show similar result from those by KIER and KSES.

Forecasting Renewable Energy Using Delphi Survey and the Economic Evaluation of Long-Term Generation Mix (델파이 활용 신재생 에너지 수요예측과 장기전원 구성의 경제성 평가)

  • Koo, Hoonyoung;Min, Daiki
    • Journal of Korean Institute of Industrial Engineers
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    • v.39 no.3
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    • pp.183-191
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    • 2013
  • We address the power generation mix problem that considers not only nuclear and fossil fuels such as oil, coal and LNG but also renewable energy technologies. Unlike nuclear or other generation technologies, the expansion plan of renewable energy is highly uncertain because of its dependency on the government policy and uncertainty associated with technology improvements. To address this issue, we conduct a delphi survey and forecast the capacity of renewable energy. We further propose a stochastic mixed integer programming model that determines an optimal capacity expansion and the amount of power generation using each generation technology. Using the proposed model, we test eight generation mix scenarios and particularly evaluate how much the expansion of renewable energy contributes to the total costs for power generation in Korea. The evaluation results show that the use of renewable energy incurs additional costs.

Technological Innovation System for Energy Transition in Small Island Developing States: Adaptive Capacity, Market Formation and Policy Direction in the Maldives

  • Mohamed, Shumais
    • Asian Journal of Innovation and Policy
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    • v.11 no.3
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    • pp.293-319
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    • 2022
  • By analyzing the adaptive capacity, market formation and policy direction as functional areas of Technological Innovation System (TIS), the article evaluates the progress of renewable energy transition in the Maldives, with the inclusion of ideas from Mauritius and Cabo Verde. On the policy direction in the Maldives, technology roadmaps produced with assistance from International Renewable Energy Agency (IRENA) and Asian Development Bank (ADB) are evaluated. Although there are inducing factors such as the Solar Risk Management Initiative, the progress of energy transition is hindered by the lack of technical capacity and local value chain. The findings indicate the importance of facilitating and establishing industry and knowledge networks, incorporating innovation policies, greater involvement of the local private sector along with international investors, and taking water-energy nexus to achieve complementary targets. The study adds value to knowledge by offering a simplified TIS framework, with a current insight of the energy transition in Small Island Developing States with a focus on the Maldives.

Hybrid wind-solar power deployment in India: Green Energy Open Access (GEOA) and Renewable Energy Certificates (REC)

  • Hardik K. Jani;Surendra Singh Kachhwaha;Garlapati Nagababu;Alok Das
    • Advances in Energy Research
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    • v.8 no.4
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    • pp.243-252
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    • 2022
  • The hybrid wind-solar energy concept has a big influence on the spread of wind and solar power projects in India since it combines the benefits of both industries while also providing extra benefits such as resource sharing such as land, infrastructure, and power evacuation systems. Furthermore, while the hybrid policy may reduce certain barriers to the installation of wind and solar energy in India, there are still some issues that must be resolved rapidly in order to ensure a sustainable installation. According to the study's findings, the installation of wind and solar power plants is significantly influenced by energy policy. The wind-solar hybrid energy strategy will also be crucial in the near future for growing the usage of renewable energy sources. Aside from that, the establishment of Green Energy Open Access (GEOA) and the restart of the trading of Renewable Energy Certificates (REC) would promote the quick deployment of standalone and hybrid renewable power projects throughout the nation, enabling it to reach 500 GW of installed non-fossil energy capacity by 2030.

Study on the policy literacy of the Republic of Korea regarding nuclear and new-renewable energy

  • Im, Eunok;Kim, Ju Kyong;Woo, Seung Min
    • Nuclear Engineering and Technology
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    • v.54 no.2
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    • pp.741-748
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    • 2022
  • Policy literacy plays a critical role in enhancing deliberative communication among the public, policymakers, and experts. It also helps develop a positive view of policy by the public, which facilitates public acceptance. Despite its importance, however, policy literacy has received little attention in energy policy practice. Therefore, this study explores factors affecting the public's understanding and knowledge (i.e., policy literacy) of nuclear and new-renewable energy policies. Accordingly, we analyzed data from an online survey of 790 laypeople in Korea. Specifically, we examined the effects of trust, transparency, and policy public relations (PR) on the policy literacy of the public regarding the two alternative energy sources. The analysis revealed that people showed higher policy literacy about the alternative sources when provided with more transparent information and exposed to more policy PR activities. However, we found that trust in energy plant operators played a negligible role in improving policy literacy for both energy sources. Based on these findings, we developed some policy suggestions to secure the energy policy literacy of the public.

A Study on effectiveness of transition of policy instruments for renewable energy: In the case of shift from FIT to RPS in Korea (재생에너지 정책수단 전환의 효과성 연구: 한국의 전환 사례 분석)

  • Park, Inyong;Choung, Jae-Yong
    • Journal of Technology Innovation
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    • v.28 no.2
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    • pp.1-36
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    • 2020
  • While the policy intervention of each country for the promotion of renewable energy is strengthened, Korea introduced Feed-in Tariff (FIT) in 2002 to directly support the development of renewable energy. But in 2012, the shift of policy instrument that from FIT to Renewable Portfolio Standard (RPS) is occurred. This is a unique background that is currently found only in Korea, and new answers that focus on the outcomes of the shift of policy instruments are needed in addition to the existing discussion of comparison of FIT and RPS. Therefore, this study analyzed the change of policy efficiency after the shift to RPS using Data Envelopment Analysis(DEA) and Malmquist Index. In the result of analysis, a difference in the improvement of policy efficiency after in shift to RPS is found among each renewable energy source. This result is because renewable energy companies voluntarily entered the market only for energy sources that have secured technology or price competitiveness, and this indicates that the performance of renewable energy after the RPS shift has been concentrated on specific energy sources. As a result of this study, considering that the goal of renewable energy policy is to expand distribution and to drive growth engines, multi-faceted analysis is required in consideration of technology and market in selecting policy instruments.

Estimating Spatial Scope of Local Government Ordinance for Onshore Wind Energy Generation Facilities (육상풍력 발전시설 지자체 규제 공간범위 산정 연구)

  • Sung Hee, Hong;So Ra, Kim;Eun Jung, Park;Hye Rim, Lee;Jin Young, Kim;Su Jin, Hwang;Jung Eun, Song
    • New & Renewable Energy
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    • v.18 no.4
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    • pp.38-53
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    • 2022
  • T Recently, the government has been promoting the expansion and supply of renewable energy as an alternative for achieving carbon neutrality and the nationally determined contributions by 2030. In 2020, the Ministries of Industry and Environment and the Korea Forest Service collaborated to build a nationwide onshore wind energy siting atlas considering wind resources and forestry and environmental regulations focused on central regulations. In this study, the ordinances of the local governments were analyzed to examine the effects of regional location regulations on the expansion of onshore wind power energy generation facilities, in addition to those of central regulations. A development permit standard survey of 226 urban plan ordinances of the local governments nationwide showed that presently in 2022, 52 municipalities are applying regulations on wind energy generation facilities by ordinances. This is twice more than that in 2018, when renewable energy power generation facility development was difficult. Additionally, the location regulations applied by these ordinances were organized by items and regions, and regulatory characteristics, such as the number and scope, were analyzed by regions. To analyze the spatial distribution characteristics, JeollaNamdo was selected as the case area. A spatial DB was established for regulated areas based on the regional and central regulations, and the spatial distribution characteristics and the regulatory scope were compared and analyzed.