• JOURNAL OF ELECTRICAL WORLD
• /
• s.450
• /
• pp.18-27
• /
• 2014

• Environmental and Resource Economics Review
• /
• v.25 no.2
• /
• pp.229-253
• /
• 2016

To achieve the socially optimum level of renewable generation, governments should design renewable policies to induce renewable technologies competitive with conventional generation technologies. And to do that, it is needed to understand how each policy has been effective in promoting renewables for power sector. In most of the literatures, there are two key limitations that they did not considered autocorrelation problem using the amount of generation from renewables as a dependent variable and technology innovation which needs to be preceded technology adoption. In this study, I try to overcome these two problems by using dynamic panel model and adding an additional variable for technology innovation. According to the result, FIT has been effective rather than RPS in promoting renewables for generation and I found the possibility that the counterintuitive results which commonly appeared in existing studies might be due to the two limitations mentioned above.

• The Transactions of The Korean Institute of Electrical Engineers
• /
• v.67 no.2
• /
• pp.194-198
• /
• 2018

The government established the 8th national energy plan that electricity energy from renewables in 2030 will be 20%. The frequency stability problem is one of the key issues to overcome for accomplishing the energy plan. Frequency quality deteriorates due to short term variations of renewables output. Battery energy storage system(BESS) is considered as a good alternative to improve the frequency quality due to its quick response. In this paper, we examined the effectiveness of BESS against the conventional governor properties.

• KEPCO Journal on Electric Power and Energy
• /
• v.2 no.2
• /
• pp.269-272
• /
• 2016

Distribution management system or microgrid energy management system plays an important role in monitoring, operation and control of electrical distribution systems by utilizing IT infrastructure. Nowadays, the rapid increase of the distributed resources makes the conventional management system have some additional functionality for the reliable operation due to intermittent renewables and the efficient operation on the economical purpose. In this paper, the brief standard software functional requirements of microgrid energy management system are provided through survey of the recent commercial products of the major vendors, and furthermore the architectures of microgrid energy management system are provided in comparison with major suppliers' microgrid energy management system. The summary of investigation will be able to make the developers and researchers focus on the specific functionality in the real world.

• Asia Pacific Journal of Business Review
• /
• v.2 no.1
• /
• pp.21-52
• /
• 2017

Nowadays every technology is becoming smarter. Consequently, intensive use of ICT in the whole industries and cities enables a sustainable approach to meet enormous productivity, efficiency, transparency and conservation of natural recourses. Likewise, the role of ICT in terms of controlling, monitoring in the energy industry allows integrating potential renewables, bulk energy conservation and reliable optimized operation in the entire system. In this paper outlines challenging issues in renewable energy integration in Mongolia and proposes potential recommendations and conclusions. The author investigated the main technologies used in energy industry mainly smart grid, challenges and policy aspect in Mongolian energy sector by using the primary and secondary approach with case studies and literature based methodologies. Based on the policy aspect and current implementation of smart grid, the paper tries to address the readiness for the main application and future potential ICT driven applications. Furthermore, it concluded that ICT convergence is demanded to overcome the current vulnerabilities and significant momentum to leave behind by using its potential energy recourses and favorable geographical state. Policymakers may find this study useful, as it answers the question of whether ICT investment can ultimately reduce energy consumption and may aid in future planning. Even tough, in order to develop a smart grid and integrating renewables firstly set an appropriate market structure, ICT will key enabler to make energy system more profitable and sustainable. Regarding the result of this study, ICT deployment contribution is a huge demand for future opportunities energy in Mongolia.

• 한국신재생에너지학회:학술대회논문집
• /
• 2009.06a
• /
• pp.806-812
• /
• 2009

Availability of reliable and affordable energy supply is a prerequisite for economic growth. Renewables are the third largest contributor to global electricity production after coal and natural gas and account for a share of 18%. Power generating capacity from renewables has increased to around 900GW by the year 2007. 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 feasibility study for adaptability and strategy 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 system. As the increase of biodiesel fuel, I look forward to environment-friendly power generation and the strategy of Renewable Portfolio Standards(RPS).

• New & Renewable Energy
• /
• v.5 no.1
• /
• pp.32-39
• /
• 2009

Availability of reliable and affordable energy supply is a prerequisite for economic growth. Renewables are the third largest contributor to global electricity production after coal and natural gas and account for a share of 18%. Power generating capacity from renewables has increased to around 900GW by the year 2007. 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 feasibility study for adaptability and strategy 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 system. As the increase of biodiesel fuel, I look forward to environment-friendly power generation and the strategy of Renewable Portfolio Standards(RPS).

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

• Bulletin of the Korea Photovoltaic Society
• /
• v.6 no.1
• /
• pp.69-75
• /
• 2020

Mongolia is located between Russia and China in Central Asia. In coal-rich corners, both the energy and energy sectors of our country prevail. Mongolia has vast resources of renewable energy and limited hydropower plants, such as wind and solar. In their first iNDC (intended Nationally Determined Contributions) submitted in 2015, Mongolia has pledged to increase the share of renewables capacity to 20% by 2020, and 30% by 2030 while reducing their energy related GHG emissions.

• Advances in Energy Research
• /
• v.4 no.2
• /
• pp.121-146
• /
• 2016

This study is concerned with the analysis of two renewable technologies for electric energy production: wind energy and photovoltaic energy. The two technologies were assessed and compared by economic point of view, by using selected indicators characterized by a clear calculation approach, requirement of information easy to be collected, clear, but even complete, interpretation of results. The used economic indicators are Levelized Cost of Energy, $CO_2$ abatement cost and fossil fuel saving specific cost; these last two specifically aimed at evaluating the different capabilities that renewable technologies have to cut down direct $CO_2$ emissions and to avoid fossil fuel extraction. The two technologies were compared also from the environmental point of view by applying Life Cycle Assessment approach and using the environmental impact categories from the Eco-indicator'95 method. The economic analysis was developed by taking into account different energy system sizes and different geographic areas in order to compare different European conditions (Italy, Germany and Denmark) in term of renewable resource availability and market trend. The environmental analysis was developed comparing two particular types of PV and wind plants, respectively residential and micro-wind turbine, located in Italy. According to the three calculated economic indicators, the wind energy emerged as more favorable than PV energy. From the environmental point of view, both the technologies are able to provide savings for almost all the considered environmental impact categories. The proposed approach, based on the use of economic and environmental indicators may be useful in supporting the policies and the decision making procedures concerned with the promotion and use of renewables, in reference to the specific geographic, economic and temporal conditions.