• Title/Summary/Keyword: Renewable Portfolio Standards

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An Implication of Korean Renewable Energy Policy Through the Review of a Foreign Renewable Energy Policy (외국의 신.재생에너지 정책의 검토를 통한 신.재생에너지 발전차액지원제도의 개선방향)

  • Kim, Yu-Jin;Kim, Su-Duk
    • 한국신재생에너지학회:학술대회논문집
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    • 2005.11a
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    • pp.618-627
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    • 2005
  • 본 연구는 신 재생에너지 보급제도 중 하나인 발전차액지원제도가 중유발전설비의 회피비용으로 기준가격을 책정하여 신 재생에너지원의 적정구매가치를 적절히 반영하지 못하고 있고, 발전차액의 보전은 소비자의 직접적인 부담 대신 전력기반기금을 통해 지원됨에 따라 보급제도의 지속가능성 문제가 있음에 주목하여, 그 대안으로 도입을 검토 중인 RPS와 독일, 프랑스의 FITs제도를 검토하여 보았다. RPS는 시장기능을 이용한 가격결정 등 많은 장점에도 불구하고 시행 상 예상되는 여러 가지 제도적 장치 마련의 필요성 등의 문제를 간과할 수 없다. 독일의 FITs는 시장을 통한 가격결정이 아닌 정책적으로 가격이 책정된다는 문제가 지적되고 있으나 신 재생에너지의 현장조건 등을 고려한 차별적인 가격산정방식과 기간별, 에너지산출량별 가격조정방식으로 문제를 보완하고 있다. 독일의 FITs제도와 프랑스의 가격산정모형을 국내 기준가격산정방식에 관련된 연구들과 비교 검토를 통해 궁극적으로는 해당에너지의 소비자가 직접 비용을 부담하게 함으로써 신 재생에너지보급정책이 지속 가능한 대안을 가질 수 있음을 보여준다.

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A Study on the Quality Characteristic of Power Bio-Fuel Oil for Alternative Fuel oil (중유 대체연료로서 발전용 바이오중유의 품질특성 연구)

  • Jang, Eun-Jung;Park, Jo-Yong;Min, Kyung-Il;Yim, Eui-Soon;Ha, Jong-Han;Lee, Bong-Hee
    • Journal of the Korean Applied Science and Technology
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    • v.31 no.4
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    • pp.562-571
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    • 2014
  • In these days, many countries carry out many renewable energy policies to increase the renewable energy portion and to reduce the GHG(Green House Gas). In Korea, RPS(Renewable Portfolio Standards) focused on over 500MW power producers is conducting. And they are using the bio-fuel oil to meet their RPS quota. The oil is a mixture of animal and vegetable fat or fatty acid ester of them and should satisfy some specifications to use the power generation such as viscosity, pour point, acid number. Depends on the raw materials, quality characteristics of power bio-fuel oil are changed. By adding the power bio-fuel oil, pour point, density, sulfur content and viscosity are decreased and acid number, iodine number, oxygen content are increased. In this study, we test the quality characteristic of power bio-fuel oil and the property changes by the blending ratio of power bio-fuel oil & conventional fuel oil.

Status of Korean Photovoltaic Policy and National R&D Projects (한국의 태양광 정책 및 국가 R&D 과제 현황)

  • Kim, Hee Jung;Pang, Gi Sung;Ahn, Jong Deuk;Park, Chinho
    • Current Photovoltaic Research
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    • v.1 no.1
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    • pp.1-10
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    • 2013
  • The photovoltaic (PV) industry, which occupies about 80% share of domestic new and renewable energy (NRE) sales, has played an important role in the development of the Korean NRE industry. This was made possible by the government's implementation of the 3rd Basic New and Renewable Energy Plan, which promoted strategic PV R&D, infrastructure building, and a variety of PV deployment programs. For instance, 'One Million Green Homes', 'Feed in Tariff', and 'Renewable Portfolio Standards' programs contributed greatly to the dissemination of PV systems in the country. Furthermore, these programs were supported with more than 380 billion Won over 6 year period (2007~2012). The strategic PV R&D contributed to the fast follow-up in commercial technologies. Because of the recent, sharp decline in PV prices caused by oversupply and economic crisis in European countries, both foreign and domestic PV companies are going through painful restructuring. Under these circumstances, the Korean PV industry needs to find a new strategy for making a breakthrough, and in this sense a proactive role of the Korean government is desperately needed.

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.

Estimation for CDM of Power Generation by using Bio-diesel (바이오 디젤의 발전용 연료화 CDM 평가)

  • Hur, Kwang-Beom;Park, Jung-Keuk;Rhim, Sang-Kyu;Lee, Jung-Bin
    • Journal of Energy Engineering
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    • v.18 no.2
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    • pp.132-135
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    • 2009
  • Development of biofuels like ethanol and biodiesel for commercial uses is a recent phenomenon. However, the growth of ethanol and biodiesel has been impressive during the period 2000-2007yr. Globally, production of biodiesel stands around 8.3 billion liters. Europe leads the world in biodiesel production with 80% share of the global biodiesel production total. Today biodiesel fuels have been in commercial use in many countries and recently the world-wide biodiesel market has experienced considerable growth, which is partly due to various tax concession programs and other financial incentives. In Korea, biodiesel has already been used for transportation fuel, but not used for power generation fuel yet. Korean government has a strategy for renewable energy propagation, especially the goal of power generation amount by renewable energy is 3% of total power production by 2012. This paper focuses on the estimation study for effect of using biodiesel as power generation fuel. The study also has the plan to replace the fuel of thermal power plant, gas turbine and distributed power generation system. As the increase of biodiesel fuel, I look forward to environment-friendly power generation and the strategy of Renewable Portfolio Standards(RPS).

Consumers' Willingness to Pay for Renewable Energy (신재생에너지 전력에 대한 소비자 지불의사)

  • Lee, Changhoon;Hwang, Seok-Joon
    • Environmental and Resource Economics Review
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    • v.18 no.2
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    • pp.173-190
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    • 2009
  • Although renewable energy sources are more environmentally friendly than fossil energy sources, they are far more costly and hard to survive in the electricity market. For a competitive renewable electricity, the government should take 'visible' actions to compensate higher production costs. Popular policies, such as Feed-In-Tariff and Renewable Portfolio Standards, are financed by an undifferentiated increase of electricity bills (a collective financing mechanism) but are occasionally confronted with the opposition of the electricity consumers. This paper discusses the consumers' willingness to pay for renewable energy in order to back up the voluntary financing mechanism, the Green Pricing. The Tobit analysis of a consumer survey shows that the consumer's WTP is positively influenced by his environmentally friendly activities under both financing mechanisms. The knowledge on renewable energy is statistically significant only under collective financing mechanism.

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Spatial Difference in the Willingness to Pay for Renewable Electricity (RPS 도입시 재생에너지 전력에 대한 소비자 선호 연구 : 지역별 차이를 중심으로)

  • Kim, Jihyo;Park, Jung Kyu;Kim, Jinsoo;Heo, Eunnyeong
    • Environmental and Resource Economics Review
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    • v.20 no.4
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    • pp.797-826
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    • 2011
  • This study analyzed whether a spatial difference exists in the willingness to pay(WTP) for renewable electricity, by applying the contingent valuation method(CVM). Considering renewable portfolio standards(RPS) as the hypothetical market, we asked WTP in the form of the monthly electricity bills for using renewable electricity; the respondents were people living in Seoul, Ulsan, JeollaNamdo, and Gangwondo. Our empirical results showed that the mean WTP of Gangwondo was the highest, and that of JeollaNamdo, the lowest. The hypothesis that the WTP of the entire sample would not differ from that of the individual regions was rejected. Hence, a spatial difference probably exists in the WTP for electricity from renewable energy. Further, we attributed the spatial differences in WTP to the experience of those staying near the renewable energy facility and the acceptability of the facility.

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A Study on the Quality Characteristics of Feedstocks for Power Bio-Fuel Oil (발전용 바이오중유용 원료물질의 품질특성 연구)

  • Jang, Eun-Jung;Lee, Mi-Eun;Park, Jo-Yong;Min, Kyung-Il;Yim, Eui-Soon;Ha, Jong-Han;Lee, Bong-Hee
    • Journal of the Korean Applied Science and Technology
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    • v.32 no.1
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    • pp.136-147
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    • 2015
  • As it carry out RPS(Renewable Portfolio Standards), power producers are using the power bio-fuel oil to meet their RPS quota. In this study, we test the quality characteristics of raw materials for power bio-fuel oil and the property changes of power bio-fuel oil by the kind of feedstocks. The power bio-fuel oil and feedstocks were analyzed for item of quality standard such as acid number, viscosity and metal contents. And it was analyzed for composition distribution by FT-IT and HPLC. Such as low priced palm oil series has high acid number and ash contents due to high free-fatty acid and metal contents. And by-product of biodiesel have a tendency of high viscosity. The fuel properties of power bio-fuel oil, such as viscosity, acid number and metal contents are correlated with the constituent and the mixing ratio of the feedstocks.

Performance Characteristics of Organic Rankine Cycle Using Medium Temperature Waste Heat with Different Working Fluids (중온 배기열을 이용한 유기랭킨사이클 작동유체별 성능특성)

  • Kwon, Dong-Uk;Heo, Ki-Moo;Yoon, Sung-Hoon;Moon, Yoon-Jae;Yoo, Ho-Sun;Lee, Jae-Heon
    • Plant Journal
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    • v.10 no.2
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    • pp.38-47
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    • 2014
  • Renewable Portfolio Standards was introduced into the system in Korea in 2012. Interest in the unutilized and renewable energy sources is increasing. and these being actively investigated. An organic rankine cycle has emerged as an alternative in order to take advantage of bio-gas engine heat of sewage treatment plants whose capacity is 1500 kW. The organic rankine cycle power system was simulated by a simulator which is a commercial program of power plant design and performance analysis. The biogas engine is operated by $460^{\circ}C$ and 2.7 kg/s flow rate in the sewage treatment plant. Working fluids(R-601a, R-123, R-245fa) are selected to use in ORC power system in this temperature range. It was the isopentane that is the best performance among three working fluids. It could be obtained net power of 163.1 kW and efficiency of 13.66% from isopentane in the simulation.

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A Study on Risk of Electric Shock from Damaged Grid Connection Cable in Floating Photovoltaic System (수상 태양광 발전설비 계통 연계 케이블 손상시 감전 위험에 관한 연구)

  • Song, Young-Sang;Jeon, Taehyun
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.28 no.9
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    • pp.14-19
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    • 2014
  • Recently, many renewable energy generating businesses are ongoing progress due to the introduction of the RPS(Renewable Portfolio Standards) as well as the needs of environmentally friendly energy resources. Researches on photovoltaic system are actively being processed since the photovoltaic system is relatively easy to install and becomes commercialized in many domestic application areas. Furthermore, the floating photovoltaic system is likely to be installed more actively since the conventional photovoltaic system requires relatively large areas of land. Also, the floating photovoltaic system is more efficient than photovoltaic system installed in land due to the operation in lower temperature. However, safety problems such as electric shock could arise since the cable should be installed in the water. In this paper, the leakage current and the voltage rising are measured and analyzed for the case when the cables are damaged connecting the floating photovoltaic system to the grid.