• Proceedings of the KIEE Conference
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• 2008.11a
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• pp.429-431
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• 2008

기후변화협약 체결 당시 개발도상국으로 분류되어 있던 우리나라는 현재 온실가스 감축의무를 부담하지 않고 있으나, 우리나라의 CO2 배출량 및 배출량 증가율을 고려해 볼 때, 제2차 공약기간(2012년$\sim$2016년) 동안의 온실가스 감축의무 부담이 예견되고 있다. 온실가스 감축의무를 이행하기 위하여 정부는 2012년부터 RPS(Renewable Portfolio Standard) 제도를 도입을 고려하고 있다. 신재생에너지전원의 비중을 설비용량의 5%(발전량의 7%)까지 확대를 예상하여, 본 연구에서는 RPS 제도를 도입을 고려할 때 전원구성의 변화를 GATE -PRO(Generation And Transmission Expansion PROgram)모형을 이용하여 알아본 후, 이로 인하여 전기를 사용하는 용도에 따라 6가지 종별로 구분하는 현행 전기요금체계에 미치는 영향에 대하여 알아보고자 한다.

• The Transactions of the Korean Institute of Electrical Engineers A
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• v.53 no.5
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• pp.275-284
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• 2004

This paper analyzes the environmental impact and economic effect of introducing the Renewable Portfolio Standard (RPS) into Korean electricity market using the DECADES (Database and Methodologies for Comparative Assessment of Different Energy Source for Electricity Generation) model, a comparative assessment tool developed by IAEA. A bottom up approach is adopted for the evaluation of air pollutant emission and its impact of several RPS scenarios. The environmental damage costs of RPS scenarios are evaluated based on the Extern-E results and Thailand externality study carried by EGA T. The results of this study can be applied in determining or analyzing the national electricity policy and energy policy.

• 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.

• Journal of the Korea Society for Simulation
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• v.23 no.4
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• pp.1-8
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• 2014

Cloud computing helps big data processing to make various information using IT resources. The government has to start the RPS(Renewable Portfolio Standard) and induce the production of electricity using renewable energy equipment. And the government manages system to gather big data that is distributed geographically. The companies can purchase the REC(Renewable Energy Certificate) to other electricity generation companies to fill shortage among their duty from the system. Because of the RPS use voluntary competitive market in REC trade and the prices have the large variation, RPS is necessary to predict the equitable REC price using RPS big data. This paper proposed REC price prediction method base on fuzzy logic using the price trend and trading condition infra in REC market, that is modeled in cloud computing environment. Cloud computing helps to analyze correlation and variables that act on REC price within RPS big data and the analysis can be predict REC price by simulation. Fuzzy logic presents balanced REC average trading prices using the trading quantity and price. The model presents REC average trading price using the trading quantity and price and the method helps induce well-converged price in the long run in cloud computing environment.

• New & Renewable Energy
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• v.1 no.3 s.3
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• pp.24-34
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• 2005

Ministry of Commerce, Industry [MOCIE] has taken it into consideration to introduce a Renewable Portfolio Standard (RPS) that is a purchase obligation program as an alternative plan to the FIT. We conducted a survey of renewable energy companies and experts to ask their opinions about renewable energy policy, the introduction of the RPS, and the scheme for aid of North Korea with renewable energy. Korean renewable energy companies show an impartial opinion about a FIT and a RPS system overall, although they tend to have distinctive opinions by technology each other. With respect to eligible resources for a RPS, the industries want to extend the scope of it as broad as possible. In addition, experts prefer the multi-tiered and energy production based RPS to the sing1e-tiered and installed capacity based RPS. We also conducted a surrey to find the best renewable energy sources. Wind, Geothermal, Solar-thermal, and Photovoltaic were selected to have the best potential capacities to support North Korea by renewable energy experts. However, these energy resources also have several problems to overcome in the aid of North Korea, and thus, the plans for solving them and for giving efficient support to North Korea in the area of Renewable Energy are discussed.

• Journal of Energy Engineering
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• v.19 no.4
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• pp.251-257
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• 2010

Korea have a plan to enforce the Renewable Portfolio Standard(RPS) in 2012 for climate change action and effective use of energy but because of lack of renewable energy resources and limits of technology development, it will be hard to fullfill a target for RPS obligation in domestic power generation sector and woodchip biomass cofiring with coal combustion is the one of the alternative methods of the goal. Woodchip biomass cofiring with coal combustion is easy to approach technical design and has competitiveness of $CO_2$ & renewble energy certificate benefit and also has much lower generation cost than any other renewable energy resources. Because of that reason, woodchip biomass cofiring with coal combustion should be needed to fullfill the goal for RPS obligation in domestic power generation sector with midlong-term direction.

• 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.

• Journal of the Korea Society of Computer and Information
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• v.25 no.3
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• pp.81-88
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• 2020

The Renewable Portfolio Standard(RPS) which is in operated by country for many years is eco-friendly energy business. Although a variety of institute are accessing the RPS, it consists of a centralized system. Also, it shows opacity of data access in user's point of view. And each institutes is possessing their own data collected by themselves. Therefore decentralization and integrated control is demanded. Also, when institutes are attacked, the interruption of RPS can be existed. For resolving this issue, this study proposes the RPS using blockchain. Using the consortium method of blockchain, every institutes has possessing same data inserting REC data in block data, it is resolvable that transparency and security issue as transaction through verification of certain block. Furthermore, in case of one institute is paused by external attack, the role can be replaced by other institutes. This study tried the processing of putting data through ethereum network, therefore it presents the possibility of introducing the blockchain method in RPS.

• Journal of Energy Engineering
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• v.26 no.4
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• pp.107-117
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• 2017

Since South Korea started to apply Renewable Portfolio Standard (RPS) in 2012, there have been huge investment for deploying renewable technologies. Recently, the government determined to incentivize battery energy storage system(BESS) with renewable generations in order to induce the improvement of dispatching capability. In this paper, the annual pattern of PV generation based on actual generation data in South Korea is analyzed and the duration curve of capacity factor is proposed in order to provide the simplified analyzing methodology of present support policy for additional BESS installation for decision maker who is responsible for supply and demand planning. With suggested methodology, the range of appropriate BESS size with respect to the variation of system marginal price(SMP) and renewable energy certificate(REC) price can be derived briefly, and decision makers easily evaluate the effect of support scheme. Current policy for BESS installation support present additional BESS-related installation policy may give incentives to developers partially, however, the dependence between BESS size and benefit components (SMP and REC) can limit the deployment of the various portfolios of the BESS. Therefore, when improving the current policy in future, addressing the dependence between the technical aspects of battery size and the benefit components separately by the technical and economical parts is needed to set the suitable compensation rules for the renewable generation and BESS.

• 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.