• 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.

• New & Renewable Energy
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• v.16 no.4
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• pp.9-22
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• 2020

This study analyzed the short- and long-term effects of nuclear and renewable energy generation on CO2 emissions in Korea, Japan, and Germany from 1987 to 2016 by using the unit root test, Johansen cointegration test, and ARDL model. The unit root test was performed, and the Johansen cointegration test showed cointegration relationships among variables. In the long run, in Germany, the generation of both nuclear and renewable energy was found to affect CO2 emission reduction, while South Korea's renewable energy generation, including hydropower, increased the emissions. Japan only showed significance in fossil fuels. In the short run, in the three countries, the generation of nuclear and renewable energy, excluding hydropower, affected CO2 emission. However, in Korea and Germany, nuclear and renewable energy generation, respectively, affected CO2 emission reduction. Although the rest are significant, the results showed that they increased CO2 emissions.

• 한국신재생에너지학회:학술대회논문집
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• 2011.05a
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• pp.140-140
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• 2011

Korea's RPS, which requires that power generation companies obtain a minimum percentage of their generation by using renewable energy, will take effect in 2012. Based on the first-year law enforcement, generation companies have to satisfy 2% of RPS compliance ratio in 2012. Then, the required RPS compliance ratio will increase up to 10% in 2022. Thus generation companies need to construct power plants that utilize various types of renewable energy sources such as PV and wind power. This work is aimed to analyze the cost of such a renewable power source in terms of capital cost, capacity factor, and fuel cost. We provide the analytical expectation on the renewable power generation cost of 2012 focusing on PV, onshore/offshore wind, fuel cell, and IGCC, which are focused by government policy.

• 한국신재생에너지학회:학술대회논문집
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• 2011.05a
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• pp.109.1-109.1
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• 2011

KEPCO was operating power plants with diesel generators in 49 islands including Baekryeong-Do, and the generation capacity was about 66 MW in 2008. The cost of fuel is increasing by the international oil price inflation and continuous rise of oil price is predicted. For the stabilizing of electric power supply to the separate islands, renewable energy and fuel cell systems were considered. Hydrogen is made using renewable energy such as wind power and solar energy, and then a fuel cell system generates electricity with the stored hydrogen. Though the system efficiency is low, it is treated as the only way to secure the stable electric supply using renewable energy at this present. The analytic hierarchy process was used to select suitable candidate island for the system installation and 5 islands including Ulleung-Do were selected. Economic evaluation for the system composed of a kerosene generator, a wind power, an electrolysis, and a fuel cell system was conducted with levelized generation cost based on present value methode. As the result, the necessity of renewable energy combined generation system and micro grid composition in the candidated islands was confirmed. Henceforth, the development of an integration technology which connects micro grid to the total power grid will be needed.

• Nuclear Engineering and Technology
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• v.54 no.8
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• pp.2883-2897
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• 2022

According to the Renewable Energy 3020 Implementation Plan announced in 2017 by the South Korean government, the electricity share of renewable energy will be expanded to 20% of the total electricity generation by 2030. Given the intermittency of electricity generation from renewable energy, realization of such a plan presents challenges to managing South Korea's isolated national electric grid and implies potentially large excess electricity generation in certain situations. The purpose of this study is: 1) to develop a model to accurately simulate the effects of excess electricity generation from renewables which would arise during the transition, and 2) to propose strategies to manage excess electricity generation through effective utilization of domestic electricity generating capabilities. Our results show that in periods of greater PV and wind power, namely the spring and fall seasons, the frequency of excess electricity generation increases, while electricity demand decreases. This being the case, flexible operation of coal and nuclear power plants along with LNG and pumped-storage hydroelectricity can be used to counterbalance the excess electricity generation from renewables. In addition, nuclear energy plays an important role in reducing CO₂ emissions and electricity costs unlike the fossil fuel-based generation sources outlined in the 8th Basic Plan.

• Environmental and Resource Economics Review
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• v.30 no.4
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• pp.607-625
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• 2021

The objective of this study is to estimate the relationship between CO₂ emissions and both nuclear power and renewable energy generation, and compare the cost efficiencies of nuclear power and renewable energy generation in reducing CO₂ emissions in Korea. The results show that nuclear power and renewable energy generation should be increased by 1.344% and 7.874% to reduce CO₂ emissions by 1%, respectively. Using the estimated coefficients and the levelized costs of electricity by source including the external costs, if the current amount of electricity generation is one megawatt-hour, the range of generation cost of nuclear power generation to reduce 1% CO₂ emissions is $0.72~$1.49 depending on the level of external costs. In the case of renewable energy generation, the generation cost to reduce 1% CO₂ emissions is $6.49. That is, to mitigate 1% of CO₂ emissions at the total electricity generation of 353 million MWh in 2020 in Korea, the total generation costs range for nuclear power is $254 million~$526 million for the nuclear power, and the cost for renewable energy is $2.289 billion for renewable energy. Hence, we can conclude that, in Korea, nuclear power generation is more cost-efficient than renewable energy generation in mitigating CO₂ emissions, even with the external costs of nuclear power generation.

• New & Renewable Energy
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• v.2 no.2 s.6
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• pp.108-117
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• 2006

This paper focus on power development options for remote islands. Recently, in accordance with progress in distributed generation technologies including renewable energy sources, many options are possible as power development option for island. At first we estimate generation cost by generation technology then recommend and suggest some countermeasures and implementation for institutional improvement.

• 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.

• Hwankyungkyoyuk
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• v.23 no.2
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• pp.82-96
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• 2010

The purposes of this study are to investigate the perception of renewable energy technology among elementary school teachers, and confirm whether elementary school teachers have basic knowledge about renewable energy sources, including solar, wind, and tidal power generation. We conducted preliminary interviews to gather information related to other studies about renewable energy. We developed the last interview question about the perception and knowledge of elementary school teachers regarding renewable energy. This study analyzed the transcribed responses of 10 elementary school teachers in Siheung-city, Gyeonggi-do, following 30-minute interviews. The study's findings are as follows. First, elementary school teachers recognize that they are unfamiliar with concepts and they have only shallow content knowledge about renewable energy. And they tended to distorted to other concepts, and analyze to different meanings. Second, elementary school teachers thought that knowledge about renewable energy should be part of a well-rounded education. And they felt positively about solar energy and wind power energy generation but they had a negative view towards tidal power generation because it destroys tideland. Third, teachers tended to confuse solar heat energy and geothermal energy, they tend to think this two energy sources the same. Teachers had generally correct concepts about wind power energy generation. In the case of tidal power generation, elementary school teachers answered mechanically that it is possible on the western sea, and that 'the difference between the rise and fall of the tide' grows. But they could not talk in depth about 'the difference between the rise and fall of the tide' and the force of waves. This suggests that they are answering by simple memorization and without deep understanding.

• Nuclear Engineering and Technology
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• v.48 no.2
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• pp.559-571
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• 2016

This paper studies the feasibility of renewable energy as a substitute for nuclear and energy by considering Korean customers' willingness to pay (WTP). For this analysis, we use the contingent valuation method to estimate the WTP of renewable energy, and then estimate its value using ordered logistic regression. To replace nuclear power and fossil energy with renewable energy in Korea, an average household is willing to pay an additional 102,388 Korean Won (KRW) per month (approx. US $85). Therefore, the yearly economic value of renewable energy in Korea is about 19.3 trillion KRW (approx. US $16.1 billion). Considering that power generation with only renewable energy would cost an additional 35 trillion KRW per year, it is economically infeasible for renewable energy to be the sole method of low-carbon energy generation in Korea.