• Transactions of the Korean hydrogen and new energy society
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• v.26 no.5
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• pp.484-492
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• 2015

As our government is actively introducing the RPS (Renewable Portfolio Standards) as a national renewable energy obligation policy, power producers are using the various renewable energy to meet the RPS supply quota since 2012. Recently, it is appling to use power bio-fuel oil in bio-fuel oil demonstration project with power companies. In general, power bio-fuel oils are composed of mixture products of vegetable oil, animal fat, fatty acid ester and waste oil. It is already developing for a power plant as a renewable energy abroad. In Korea, it is studying a 100% combustion and blended combustion of heavy fuel oil and bio-fuel oil. In this study, we investigated fuel characteristics of mixed power bio-fuel oil and its emission performance. Especially, it was reduced emissions of bio-oil in industrial boilers due to bio-fuel properties as compare with fuel oil.

• Environmental and Resource Economics Review
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• v.23 no.4
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• pp.747-784
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• 2014

Many countries have implemented a variety of climate and energy policies to reduce greenhouse gas emissions and expand renewable energy production. The ultimate goals of those policies are associated with transition to a low-carbon economy that aims to combat climate change and economic growth. This study aims to examine empirically if the countries which implement overlapping climate policies and renewable energy policies show additional reduction of the GHG emissions than the countries which implement single climate or renewable energy policy. The result shows that overlapping policies contribute to reduce additional GHG but not all cases. In particular, only overlapping policies mixing 'ETS and RPS(renewable portfolio standards)' and 'Carbon Tax and FIT(Feed-in Tariff)' can lead to additional reduction of GHG emissions.

• 한국신재생에너지학회:학술대회논문집
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• 2010.06a
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• pp.244.1-244.1
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• 2010

Bio energy development by using Low Calorific Gas Turbine(LCGT) has been developed for New & Renewable energy source for next generation power system, low fuel and operating cost method by using the renewable energy source in landfill gas (LFG), Food Waste, water waste and Livestock biogas. Low calorific fuel purification by pretreatment system and carbon dioxide fixation by green house system are very important design target for evaluate optimum applications for bio energy. Main problems and accidents of Low Calorific Gas Turbine system was derived from bio fuel condition such as hydro sulfide concentration, siloxane level, moisture concentration and so on. Even if the quality of the bio fuel is not better than natural gas, LCGT system has the various fuel range and environmental friendly power system. The mechanical characterisitics of LCGT system is a high total efficiency (>70%), wide range of output power (30kW - 30MW class) and very clean emmission from power system (low NOx). Also, we can use co-generation system. A green house designed for four different carbon dioxide concentration from ambient air to 2000 ppm by utilizing the exhaust gas and hot water from LCGT system. We look forward to contribute the policy for Renewable Portfolio Standards(RPS) by using LCGT power system.

• New & Renewable Energy
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• v.6 no.1
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• pp.29-37
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• 2010

Biogas is a carbon neutral energy and consists of mostly methane and carbon dioxide, with smaller amounts of water vapor, and trace amounts of $H_2S$, Siloxane and other impurities. Hydrogen sulfide and Siloxane usually must be removed before the gas can be used for generation of electricity or heat. The goals of this project are to develope the Fuel conditioning system of Land Fill Gas for 30kW-Micro Gas Turbine co-generation system. The fuel conditioning system mainly consists of $H_2S$ removal system, Land Fill Gas compressor, Siloxane removal system and many filtering systems. The fuel requirement of 30kW MGT is at least 32% of $CH_4$, $H_2S$ (<30 ppm), Siloxane (<5ppb) and supply pressure (> 0.6 MPa) from LFG compressor. Main mechnical charateristics of Micro Gas Turbine system by using LFG have the specific performance; 1) high speed turbine speed (96,000 rpm) 2) very clean emmission NOx (<9 ppm) 3) high efficiency of energy conversion rate. This paper focuses on the development of design technology for LFG fuel conditioning system. The study also has the plan to replace the fuel of gas turbine and other distributed power systems. As the increase of Land Fill Gas (LFG), this system help to contribute to spread more New & Renewable Energy and the establishment of Renewable Portfolio Standards (RPS) for Korea.

• Journal of the Korean Applied Science and Technology
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• v.32 no.3
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• pp.588-598
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• 2015

Recently, the government is actively promoting the RFS(Renewable Fuel Standards) and RPS(Renewable Portfolio Standards). Therefore, the importance of renewable energy fuel is being highlighted more than ever. Now is the time required active research in Korea. Since power bio-fuel oil demonstration project is underway dissemination to meet RPS quota. In this study, we investigated emission performance to make the performance standard draft of bio-fuel oil. In addition, the quality properties of the fuel oil and bio-oil, and after combustion in industrial boilers and compared the amount of exhaust gas. It was reduced emissions of bio-oil in industrial boilers due to bio-fuel properties as compare with fuel oil.

• 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.

• 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.

• 한국신재생에너지학회:학술대회논문집
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• 2011.05a
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• pp.133.2-133.2
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• 2011

2012년 RPS 제도가 시행되게 되면 발전설비용량 기준 500MW이상의 발전 사업자는 전체 전력생산량 중 일정 부분을 신재생에너지로 생산, 공급해야 한다. 최근 지경부에서 고시한 제5차 전력수급기본계획에서도 이러한 점을 반영하여 2024년까지 전체 발전량의 8.9%를 신재생에너지원으로 대체하겠다고 발표하였다. 신재생에너지 기술 수준, 시장여건 등을 고려하였을 때 앞으로 가장 크게 보급량(penetration)이 증가할 것으로 보이는 신재생에너지원은 태양광과 풍력인데 이 두 에너지원은 간헐성(intermittency)으로 인한 비급전성이라는 특징을 가지고 있어 향후 그 비중이 증가하면 전력계통의 안정성에 미치는 영향에 대해 고려해야할 것으로 보인다. 본 연구에서는 태양광과 풍력의 간헐성을 고려했을 때 추가적으로 발생하는 비용을 고려했을 경우 각 에너지원의 용량비용은 어떻게 되는지 알아보고자 한다.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.60 no.10
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• pp.1823-1831
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• 2011

When the RPS(Renewable Portfolio Standards) becomes effective in 2012, the use of renewable energy will be dramatically increased. However, there are no production simulations and demand supply programs that reflect the characteristics of the renewable energy. This paper analyzes correlations of the domestic wind power and solar power generation pattern in different areas and those of these sources' output and load pattern. Based on the regional correlation analysis, an appropriate method that uses a average output of the renewable energy or another modeling that takes account of uncertainty could be selected. Because it's output is dependent on weather condition, we can not control the generation of renewable energy, that is the reason why the correlation between the load and output pattern of sources can be helpful to determine whether the renewable energy is modeled as a generator or load modifier. Through this analysis, a basis will be provided in order to properly model the renewable energy source.

• 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.