• Title/Summary/Keyword: Renewable Energy Technology

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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.

An Assessment on the Regulations for Renewable Energy Diffusion Using the AHP (AHP를 이용한 신재생에너지 보급화산 제도 평가)

  • Lee Deokki;Lee E. J.;Choi Sangjin;Park Soo-Uk
    • 한국신재생에너지학회:학술대회논문집
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    • 2005.06a
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    • pp.592-599
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    • 2005
  • Renewable energy technology development has been carrying out in 11 different areas so far. Many technologies are being applied to the required areas according to its own characteristics. Before launching the development, these technologies have been evaluated by their commercial effect and contribution to energy supply. In this paper, the impact factors enhancing the distribution of renewable energy were developed to select appropriate diffusion regulations for each technology area. In addition, AHP methodology was introduced to investigate priorities of the regulations along with weights of impact factors.

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The analysis of the renewable energy supply ratio for the school building applied PV system (PV 시스템이 설치된 대학건물의 전력 생산에 따른 신재생에너지 공급비율 분석)

  • Kang, Su-Hyun;Lee, Yong-Ho;Hwang, Jung-Ha;Cho, Young-Hum
    • Journal of the Korean Solar Energy Society
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    • v.32 no.2
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    • pp.50-57
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    • 2012
  • Recently the renewable energy has been used widely and the importance of renewable sources is bigger than before. And the government enforced a law to the public buildings to install the renewable energy facilities. The capacity of facilities was 5% of total construction cost until April 13, 2011. Since then, the government changed the law from 5% of total construction cost to 10% of predicted energy usage for the resonable use of the renewable energy facilities. In this study, the comparative analysis is conducted according to the law to the building installed PV system through the Energy Plus simulation. And the method for improving renewable energy supply ratio was analyzed using existing PV array. Adjusting the PV array angle is the best way to generate more electric power without additional fee. When applying the month optimum angle, 3,600kWh of electric power are more generated compared to the existing angle.

Innovation Technology Development & Commercialization Promotion of R&D Performance to Domestic Renewable Energy (신재생에너지 기술혁신 개발과 R&D성과 사업화 촉진 방안)

  • Lee, Yong-Seok;Rho, Do-Hwan
    • Journal of Korea Technology Innovation Society
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    • v.12 no.4
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    • pp.788-818
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    • 2009
  • Renewable energy refers to solar energy, biomass energy, hydrogen energy, wind power, fuel cell, coal liquefaction and vaporization, marine energy, waste energy, and liquidity fuel made out of byproduct of geothermal heat, hydrogen and coal; it excludes energy based on coal, oil, nuclear energy and natural gas. Developed countries have recognized the importance of these energies and thus have set the mid to long term plans to develop and commercialize the technology and supported them with drastic political and financial measures. Considering the growing recognition to the field, it is necessary to analysis up-to-now achievement of the government's related projects, in the standards of type of renewable energy, management of sectional goals, and its commercialization. Korean government is chiefly following suit the USA and British policies of developing and distributing renewable energy. However, unlike Japan which is in the lead role in solar rays industry, it still lacks in state-directed support, participation of enterprises and social recognition. The research regarding renewable energy has mainly examinedthe state of supply of each technology and suitability of specific region for applying the technology. The evaluation shows that the research has been focused on supply and demand of renewable as well as general energy and solution for the enhancement of supply capacity in certain area. However, in-depth study for commercialization and the increase of capacity in industry followed by development of the technology is still inadequate. 'Cost-benefit model for each energy source' is used in analysis of technology development of renewable energy and quantitative and macro economical effects of its commercialization in order to foresee following expand in related industries and increase in added value. First, Investment on the renewable energy technology development is in direct proportion both to the product and growth, but product shows slightly higher index under the same amount of R&D investment than growth. It indicates that advance in technology greatly influences the final product, the energy growth. Moreover, while R&D investment on renewable energy product as well as the government funds included in the investment have proportionate influence on the renewable energy growth, private investment in the total amount invested has reciprocal influence. This statistic shows that research and development is mainly driven by government funds rather than private investment. Finally, while R&D investment on renewable energy growth affects proportionately, government funds and private investment shows no direct relations, which indicates that the effects of research and development on renewable energy do not affect government funds or private investment. All of the results signify that although it is important to have government policy in technology development and commercialization, private investment and active participation of enterprises are the key to the success in the industry.

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Selecting Optimal CO2-Free Hydrogen Production Technology Considering Market and Technology (기술, 경제성을 고려한 최적 친환경 수소생산 기술 선정 방법)

  • Ji Hyun Lee;Seong Jegarl
    • New & Renewable Energy
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    • v.19 no.2
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    • pp.13-22
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    • 2023
  • With the increased interest in renewable energy, various hydrogen production technologies have been developed. Hydrogen production can be classified into green, blue, gray, and pink hydrogen depending on the production method; each method has different technical performance, costs, and CO2 emission characteristics. Hence, selecting the technology priorities that meet the company strategy is essential to develop technologically and economically feasible projects and achieve the national carbon neutrality targets. In addition, in early development technologies, analyzing the technology investment priorities based on the company's strategy and establishing investment decisions such as budget and human resources allocation is important. This study proposes a method of selecting priorities for various hydrogen production technologies as a specific implementation plan to achieve the national carbon neutrality goal. In particular, we analyze key performance indicators for technology, economic feasibility, and environmental performance by various candidate technologies and suggest ways to score them. As a result of the analysis using the aforementioned method, the priority of steam methane reforming (SMR) technology combined with carbon capture & storage (CCS) was established to be high in terms of achieving the national carbon neutrality goal.

Spatiotemporal Applications for Managing New&Renewable Energy Resources (신재생에너지 자원 관리를 위한 시공간 응용 기술)

  • Lee, Yang-Koo;Ryu, Keun-Ho;Kim, Kwang-Deuk
    • 한국태양에너지학회:학술대회논문집
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    • 2008.11a
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    • pp.327-331
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    • 2008
  • In this paper, we argue that new&renewable energy resources are difficult to be managed with GIS technology due to their spatiotemporal features, and suggest that spatiotemporal database and sensor network can be applied to the new&renewable energy management system as advanced technology. To give the motivated issues, we introduce and analyze the concept of the spatiotemporal database and sensor network, and the case studies in each applications.

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Topic Model Analysis of Research Trend on Renewable Energy (신재생에너지 동향 파악을 위한 토픽 모형 분석)

  • Shin, KyuSik;Choi, HoeRyeon;Lee, HongChul
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.16 no.9
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    • pp.6411-6418
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    • 2015
  • To respond the climate change and environmental pollution, the studies on renewable energy policies are increasing. The renewable energy is a new growth engine technology represented by the green industry and green technology. At present, the investments for the renewable energy supply and technology development projects of three main strategy sectors such as sunlight, wind power and hydrogen fuel cell are implemented in our country, while they are still in the early stage, accordingly reducing those uncertainty for the research direction and investment fields is the most urgent issue among others. Thus, this study applied text mining method and multinominal topic model among the big data analysis methods on our country's newspaper articles concerning the renewable energy over the last 10 years, and then analyzed the core issues and global research trend, forecasting the renewable energy fields with the growth potential. It is predicted that these results of the study based on information and communication technology will be actively applied on the renewable energy fields.

The Human Capital Accumulation Effect of New and Renewable Energy Human Resource Development Programs (신재생에너지 인력양성의 인적자본 축적 효과)

  • Lee, You-Ah;Kim, Jin-Soo;Heo, Eun-Nyeong
    • New & Renewable Energy
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    • v.5 no.3
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    • pp.49-55
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    • 2009
  • Human resource for the new and renewable energy technology is an important factor in the respect of the sustainable growth and energy security. In this paper, we focused on measuring the economic effect of human resource development on new and renewable energy development programs. The human capital accumulation model developed by Mincer (1974) was modified in terms of the rate of the researchers' investment in human capital. As a result of a empirical case study, the value of human capital was estimated by 102 million Korean won per year worth 18% of the project labor cost. In case of the assumption of 100% participation of researchers, the level of human capital accumulation increased to 914 million Korean won per year. These results imply that the new and renewable energy development programs has been successful, on the concept of learning by doing, in terms of providing the researchers with opportunities to accumulate human capital.

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Assessing Alternative Renewable Energy Policies in Korea's Electricity Market

  • KIM, HYUNSEOK
    • KDI Journal of Economic Policy
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    • v.41 no.4
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    • pp.67-99
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    • 2019
  • This paper, focusing on the renewable portfolio standard (RPS), evaluates alternative renewable energy policies. We propose a tractable equilibrium model which provides a structural representation of Korea's electricity market, including its energy settlement system and renewable energy certificate (REC) transactions. Arbitrage conditions are used to define the core value of REC prices to identify relevant competitive equilibrium conditions. The model considers R&D investments and learning effects that may affect the development of renewable energy technologies. The model is parameterized to represent the baseline scenario under the currently scheduled RPS reinforcement for a 20% share of renewable generation, and then simulated for alternative scenarios. The result shows that the reinforcement of the RPS leads to higher welfare compared to weakening it as well as repealing it, though there remains room to enhance welfare. It turns out that subsidies are welfare-inferior to the RPS due to financial burdens and that reducing nuclear power generation from the baseline yields lower welfare by worsening environmental externalities.

Distributed Energy System Connection Limit Capacity Increase Technology Using System Flexible Resources (계통유연자원을 활용한 분산에너지 계통접속 한계용량 증대 기술)

  • Jeong Min Park
    • Journal of Integrative Natural Science
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    • v.16 no.4
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    • pp.139-145
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    • 2023
  • Due to changes in the distribution system and increased demand for renewable energy, interest in technology to increase the limit capacity of distributed energy grid connection using grid flexible resources is also increasing. Recently, the distribution system system is changing due to the increase in distributed power from renewable energy, and as a result, problems with the limited capacity of the distribution system, such as waiting for renewable energy to connect and increased overload, are occurring. According to the power generation facility status report provided by the Korea Power Exchange, of the total power generation capacity of 134,020 MW as of 2021, power generation capacity through new and renewable energy facilities is 24,855 MW, accounting for approximately 19%, and among them, power generation through solar power accounts for a total portion of the total. It was analyzed that the proportion of solar power generation facilities was high, accounting for 75%. In the future, the proportion of new and renewable energy power generation facilities is expected to increase, and accordingly, an efficient operation plan for the distribution system is needed. Advanced country-type NWAs that can integrate the operation and management of load characteristics for each line of the distribution system, power distribution, regional characteristics, and economic feasibility of distributed power in order to improve distribution network use efficiency without expanding distribution facilities due to the expansion of renewable energy. An integrated operating system is needed. In this study, in order to improve the efficiency of distribution network use without expanding distribution facilities due to the expansion of renewable energy, we developed a method that can integrate the operation and management of load characteristics for each line of the distribution system, power distribution, regional characteristics, and economic feasibility of distributed power. We want to develop an integrated operation system for NWAs similar to that of advanced countries.