• Title/Summary/Keyword: Renewable Energy System

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A Study on the Estimation of REC Multiplier for ESS Introduction (ESS 부가 설치형 REC 가중치 산정에 관한 연구)

  • Kim, Kang-Won;Kim, Balho H.
    • Journal of Energy Engineering
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    • v.23 no.4
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    • pp.106-111
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    • 2014
  • In order to manage the gradual increase of electricity demand, the United States, Japan, and Europe are seeking to achieve overall change of electric power system by introducing solutions such as smart grid. Among these solutions, there are various research projects regarding the Electricity Storage System (ESS), which aims to promote the efficient usage of electricity and grid system of new and renewable energy system. Korean government revised the law by including ESS in new and renewable energy facilities to accelerate ESS deployment. Following the same direction of the government policy, this study suggests methodologies of setting REC weighted value that guarantees investment financial feasibility when new and renewable power producers install ESS.

A Basic Study on the Application Plan of Renewable Energy Systems for Urban (도시재생을 위한 신재생에너지 적용에 관한 기초 연구)

  • Kim, Seong-Eun;Chung, Min-Hee;Park, Jin-Chul;Rhee, Eon-Ku
    • 한국태양에너지학회:학술대회논문집
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    • 2008.11a
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    • pp.120-125
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    • 2008
  • Many countries are faced with problems of energy demand and environmentally. Renewable energy is the interesting solution to deal this problems. In Korea, it is planed to apply the renewable energy to 5% of total energy demand by 2011. For this, the government has supported by various promotion program of renewable energy Policy Consideration of renewable energy system is essential for sustainable urban regeneration. Renewable energy application will be possible to make friendly environmental and sustainable city and deal with the energy and environment problem. This study will provide fundamental data to applying renewable energy systems for urban generation. There are evaluated for economic feasibility of renewable energy systems and analyzed application of them by building type as a urban energy source.

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Evaluation of the Economic Values and Optimal Deployment Timing of R&D Investment in New and Renewable Energy Using Real Option Approach (실물옵션을 이용한 신재생에너지 R&D의 경제적 가치 및 최적 적용시점 평가)

  • Kim, Kyung-Taek;Lee, Deok-Joo;Park, Sung-Joon
    • Journal of Korean Institute of Industrial Engineers
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    • v.38 no.2
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    • pp.144-156
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    • 2012
  • In recent years, advanced countries in energy sector are emphasizing the importance of the development and deployment of renewable energy to cope with the global environmental crisis such as depletion of fossil energy, climate convention to control emissions of greenhouse gases. In this paper, we evaluate the economic value of the investment in new and renewable energy R&D in Korea and optimal deployment timing of new and renewable energy by using the real option approach. The real option model adopted in this paper assumes that a decision maker has a compound option to abandon, deployment, or continue the R&D. As a result by using empirical data of Korea, it is found that there exists a considerable amount of positive real option value (ROV) in the investment of new and renewable energy R&D while its net present value (NPV) calculated by traditional discounted cash flow (DCF) model shows negative value.

11-kV Series-Connected H-Bridge Multilevel Converter for Direct Grid Connection of Renewable Energy Systems

  • Islam, Md. Rabiul;Guo, Youguang;Zhu, Jian Guo
    • Journal of international Conference on Electrical Machines and Systems
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    • v.1 no.2
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    • pp.70-78
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    • 2012
  • Due to the variable nature of renewable energy resources and power demand by consumers, it is difficult to operate a power system installed with only one type of renewable energy resource. Grid-based renewable generation may be the only solution to overcome this problem. The conventional approach based on a low-voltage converter with power frequency transformer is commonly employed for grid connection of offshore renewable energy systems. Because of the heavy weight and large size of the transformer, the system can be expensive and complex in terms of installation and maintenance. In this paper, an 11-kV series connected H-bridge (SCHB) multilevel voltage source converter (VSC) is proposed to achieve a compact and light direct grid connection of renewable energy systems. This paper presents the design, simulation and analysis of a five level (5L)-SCHB and an eleven level (11L)-SCHB VSC for 11-kV grid-based renewable energy systems. The performance, cost, modulation scheme and harmonic spectra of the converter are analyzed.

A Study on the Optimization of New Renewable Energy Systems in Public-Purpose Facilities (공공용 업무시설의 신재생에너지시스템 최적화 연구)

  • Lee, Yong-Ho;Seo, Sang-Hyun;Cho, Young-Hum;Hwang, Jung-Ha
    • Journal of the Korean Solar Energy Society
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    • v.33 no.5
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    • pp.95-104
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    • 2013
  • This study set out to devise an optimized system to take into account life cycle cost(LCC) and ton of carbon dioxide($TCO_2$) by applying the weighted coefficient method(WCM) to "public-purpose" facility buildings according to the mandatory 5% and 11% of new renewable energy in total construction costs and anticipated energy consumption, respectively, based on the changes of the public obligation system. (1) System installation capacity is applied within the same new renewable energy facility investment according to the mandatory 5% of new renewable energy in total construction costs. Both LCC and $TCO_2$ recorded in the descending order of geothermal, solar, and photovoltaic energy. The geothermal energy systems tended to exhibit an excellent performance with the increasing installation capacity percentage. (2) Optimal systems include the geothermal energy(100%) system in the category of single systems, the solar energy(12%)+geothermal energy(88%) system in the category of 2-combined systems, and the photovoltaic energy(12%)+solar energy(12%)+geothermal energy(76%) system and the photovoltaic energy(12%)+solar energy(25%)+geothermal energy(63%) system in the category of 3-combined systems. (3) LCC was the highest in the descending order of photovoltaic, geothermal and solar energy due to the influences of each energy source's correction coefficient according to the mandatory 11% of new renewable energy in anticipated energy consumption. The greater installation capacity percentage photovoltaic energy had, the more excellent tendency was observed. $TCO_2$ recorded in the descending order of geothermal, photovoltaic and solar energy with the decreasing installation capacity of photovoltaic energy. The greater installation capacity percentage a geothermal energy system had, the more excellent tendency it demonstrated. (4) Optimal systems include the geothermal energy(100%) system in the category of single systems, the photovoltaic energy(62%)+geothermal energy(38%) system in the category of 2-combined systems, and the photovoltaic energy(50%)+solar energy(12%)+geothermal energy(38%) system and the photovoltaic energy(12%)+solar energy(12%)+geothermal energy(76%) system in the category of 3-combined systems.

Building Energy Management System Coupling with Renewable Energy System

  • Oh, Jin-Seok
    • Journal of Navigation and Port Research
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    • v.34 no.9
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    • pp.705-709
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    • 2010
  • Buildings nowadays are increasingly expected to need higher and more economic performance requirements. Energy consumption in buildings accounts for over 30% of total energy use. The Building Energy Management System (BEMS) and renewable energy (RE) technologies are considered as a potential measure to improve energy efficiency and reduce use of grid-power. It is, however, a challenge to utilise the intermittent energy supply of RE in building energy systems. This paper presents an experimental study on a RE-embedded BEMS. A control algorithm for the RE-embedded BEMS was designed to maximise the utilisation of RE and eventually to reduce electrical utility bill. The proposed system is tested at a laboratorial chamber with an air conditioner, fan and heater. The contribution of RE in building energy system is discussed to this end.

A study on economic evaluation when renewable energy system is introduced in public buildings inside of Daegu Sin-seo innovation city (대구신서혁신도시 내 공공건축물의 신재생에너지 시스템 도입시 경제성 평가에 관한 연구)

  • Kim, Bo-Ra;Kim, Ju-Young;Hong, Won-Hwa
    • Proceeding of Spring/Autumn Annual Conference of KHA
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    • 2009.04a
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    • pp.175-180
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    • 2009
  • According to an increasing demand of political support and development on renewable energy as a solution for the energy problem in Korea, the government has established a goal to raise renewable energy supply from 2.27% to 5% until 2011. Especially in the case of public building in which energy use is in great demand, it would bring a great advantage to develop and utilize the Photovoltaic System as an electric energy and Geothermal Heat Pump System as a thermal energy. On the occasion of Photovoltaic System, Photovoltaic module can be used as an architectural material so that it can reduce construction cost and when we use solar energy, it is possible to make building's own power supply. As for Geothermal Heat Pump System, It can be used infinitely as long as the solar energy exist and operation cost is cheap and yearly efficiency is stable. However, we need to make a plan to reduce early investment expanses for these two renewable energy systems and to expand a diffusion rate as we develop a competitive domestic technology level. So in this study, we are going to perform evaluation of economical efficiency according to the introduction of Photovoltaic System and Geothermal Heat Pump System in public buildings which will be built up inside of Daegu Sin-seo innovation city. As a first step, we will investigate present installation condition of these two renewable energy systems and based upon that, will seek efficient introduction program of renewal energy systems that can be applied in public buildings.

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The Ejector Design and Test for 5kW MCFC System (5kW 용융탄산염 연료전지(MCFC) 이젝터 설계 및 시험)

  • Kim, Beom-Joo;Kim, Do-Hyeong;Lee, Jung-Hyun;Lee, Sung-Yoon;Kim, Jin-Yoel;Kang, Seung-Won;Lim, Hee-Chun
    • Transactions of the Korean hydrogen and new energy society
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    • v.20 no.1
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    • pp.31-37
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    • 2009
  • An ejector is a machine utilized for mixing fluid, maintaining a vacuum, and transporting fluid. The Ejector enhances system efficiency, are easily operated, have a mechnically simple structure, and do not require a power supply. Because of these advantages, the ejector has been applied to a variety of industrial fields such as refrigerators, power plants and oil plants. In this work, an ejector was used to safely recycle anode tail gas in a 5 kW Molten Carbonate Fuel Cell system at KEPRI(Korea Electric Power Research Institute). In this system, the ejector is placed at mixing point between the anode tail gas and the cathode tail gas or the fresh air. Commercial ejectors are not designed for the actual operating conditions for our fuel cell system. A new ejector was therefore designed for use beyond conventional operating limits. In this study, the entrainment ratio is measured according to the diametrical ratio of nozzle to throat in the designed ejector. This helps to define important criteria of ejectors for MCFC recycling.

Economic Feasibiltiy Analysis of Renewable Energy of Green Home Policy (그린홈사업을 위한 신재생에너지 기술의 경제적 타당성 평가)

  • An, Hyung-Jun;Heo, Eun-Nyeong
    • 한국신재생에너지학회:학술대회논문집
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    • 2009.06a
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    • pp.196-199
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    • 2009
  • Korean government decided to give a subsidy for renewable energy system of green home. This policy will make an appeal to consumers. But For success of this policy, Economic benefit of consumer is essential. In this study, benefit and cost is seperated to consumer part and government part, respectively. consumer's benefit is energy saving and asset value increment. Consumer's cost is real input money except government's subsidy. Government's benefit is consist of energy import reduction, carbon discharge reduction and new production increment, As a result, the government subsidy will not so enough to activate the green home. PV system for the korean general apartment has the payback period of 19 years. So, For the dissemination of renewable energy of green home, more strong subsidy policy and more economic technoloy development is requested.

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A Study on the Advanced Protective Coordination Schemes of 22.9[kV] Distribution System Interconnected New Renewable Energy System (신재생에너지 시스템이 연계된 22.9[kV] 배전계통의 개선된 보호협조 방안 연구)

  • Choi, Dong-Man;Choi, Joon-Ho;Ro, Kyoung-Soo;Moon, Seung-Il;Kim, Jae-Chul
    • Proceedings of the KIEE Conference
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    • 2005.07a
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    • pp.426-428
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    • 2005
  • Recently, There has been growing interest in new renewable energy systems with high-energy efficiency due to the increasing energy consumption and environmental pollution problems, but an insertion of new renewable energy systems to existing power distribution systems can cause several problems such as voltage variations, harmonics, protective coordination, increasing fault current etc, because of reverse power. This paper was applied to Sukumar M, Brahma, A. Girgis[1] proposal schemes and identilys the faulted section performing short-circuit analysis by MATLAB programs to 22.9[kV] distribution system interconnected a large number of new renewable energy system and was analyzed on protective coordination between reclose and Sectionalizer.

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