• New & Renewable Energy
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• v.4 no.4
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• pp.44-49
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• 2008

This study uses contingent valuation method (CVM) to elicit willingness to pay monthly for electricity or heating produced by renewable energy (RE). The experts who participated in the conference of the Korean Society for New and Renewable Energy in May of 2008 were asked to answer the questionnaires: how much would you be willing to pay monthly to receive electricity (or heating) generated by RE? We find some evidence that the respondents have higher willingness to pay for RE electricity than RE heating even if the average electric bills were lower than the heating bills. The respondent who belongs to a large family and has a good opinion of RE tends to show high willingness to pay for both RE electricity and RE heating.

• 한국태양에너지학회:학술대회논문집
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• 2008.04a
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• pp.281-286
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• 2008

Current feed-in tariffs(FIT) of Electricity generating from new and renewable energy sources are reappraised with the corrected formula of levelized generation cost(LGC) of utility power. The LGC of new and renewable electricity should be formulated in explicitly reflecting the capital cost and corporate tax during the economic life cycle based on its realistic application data. An applicable term of the FITs should, especially, be equal to the economic life cycle. The revised FITs issued in 2006 were, however, derived from the incorrect formula described in the study of KERI(Korea Electrotechnology Research Institute), and consequently misestimated. The reappraisal values for FIT of new and renewable electricity were shown and interpreted in this paper. An FIT of PV more than 30 kW, for example, should be 972.86 won/kWh instead of current 677.38 won/kWh increasing 43.6%. An upward revision of other FITs for new and renewable electricities should also be required in the range of 8.6% to 47.3%.

• Bulletin of the Korea Photovoltaic Society
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• v.6 no.1
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• pp.8-20
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• 2020

Nepal has huge potential of hydro and other renewable energy resources including solar energy. However, only 70% of the total population have access to electricity despite the long history of hydropower development in the country. Still more than 37% population in rural areas and around 73% population in Karnali Province, one of the least developed provinces, are living without access to electricity despite taking several initiatives and implementing various policies by government supporting electrification in off-grid rural areas. Government together with donors and private sector has extensively been promoting the off-grid solar photovoltaic (PV) echnology in un-electrified areas to increase electricity access. So far, more than 900,000 households in rural areas of Nepal are getting electricity from stand-alone solar PV systems. However, there are many challenges including financial, technical, institutional, and governance barriers in Nepal. This study based on extensive review of literatures and author's own long working experiences in renewable energy sector in Nepal, shares the best practices and lessons of off-grid solar PV for increasing access to electricity in rural areas of Nepal. This study suggests that flexible financial instruments, financial innovations, bundling of PV systems for concentrating energy loads, adopting standards process, local capacity building, and combination of technology, financing and institutional aspects are a key for enhancing effectiveness of solar PV technology in rural areas of Nepal.

• The Journal of Information Systems
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• v.28 no.1
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• pp.133-153
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• 2019

Purpose The purpose of this study is to design a regional electricity planning model rather than the existing single region ones and verify its usefulness. The regional electricity planning model is to determine both electricity distribution among regions and power plant planning at the same time satisfying regional demands and distribution networks. Design/methodology/approach This study made a regional electricity planning model by integrating power plant planning and electricity distribution among regions. The regional electricity planning model is formulated into a linear programming problem, and coded and run using the OSeMOSYS, one of open source energy systems. Findings According to the empirical analysis result, this study confirmed that the regional electricity planning model proposed in this study deducts the unfairness among regions in view of electricity and green house gas. In addition, the model is expected to be used in evaluating and developing the national policies concerning fine dust and/or green house gas.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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• v.30 no.3
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• pp.39-45
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• 2016

In these days global energy policy is changed from "supply" to "demand". In this regards, there are needs to analysis on effect of policy such as energy efficiency strategy, electricity rates. This study examines the relationship between energy consumption reduced by new energy policy and GDP growth for each industrial sector for Korea from 1970 to 2013. With respect to the direction of causality, energy use of 1th industry like agriculture and mining leads to GDP growth. On the other hand, GDP growth of 2nd industry, manufacturing, leads to energy use. And there is bidirectional causality in 3rd industry, service sector. These findings imply that the government policies aimed at reducing electricity consumptions and increasing energy efficiency should be progressed cautiously depend on status of each industry condition.

• 한국신재생에너지학회:학술대회논문집
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• 2006.06a
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• pp.343-346
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• 2006

Although renewable energy sources are more environmentally friendly than fossil energy sources, it is far more costly, considering current technological standards. It would not present many competitive advantages in the power market. If the renewable electricity is viable in the market, the government should take 'visible' actions to compensate production costs. Popular policies, such as Feed-In-Tariff and Renewable Portfolio Standards, can help to attract investors into generators of renewable electricity. But presently, they are mainly financed through a undifferentiated increase of electricity bills and occasionally confronted with the opposition of the electricity consumers. And most policies tend to focus on increasing the supply of renewable electricity with little consideration toward elevating the motivation of consumers. This study evaluates the potential of environmentally friendly energy consumption and examines the 'green pricing' program which realize the potential.

• International Journal of Computer Science & Network Security
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• v.23 no.12
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• pp.194-198
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• 2023

The current electricity networks will undergo profound changes in the years to come to be able to meet the growing demand for electricity, while minimizing the costs of consumers and producers, etc. The electricity network of tomorrow or even the intelligent « Smart Grids » network will be the convergence of two networks: the electricity network and the telecommunications network. In this context falls our work which aims to study the impact of the integration of energy decentralization into the electricity network. In this sense, we have implemented a new smart grid model where several coexisting suppliers can exchange information with consumers in real time. In addition, a new approach to energy distribution optimization has been developed. The simulation results prove the effectiveness of this approach in improving energy exchange and minimizing consumer purchase costs and line losses.

• Journal of Electrical Engineering and Technology
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• v.11 no.2
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• pp.285-299
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• 2016

Although South Korea experienced a rolling blackout in 2011, the possibility of a blackout in South Korea continues to increase due to rapid electrification. This study examines the problems of energy taxation and price distortions as possible reasons for the rapid electrification in South Korea, which is occurring at a faster rate than in Japan, Europe, and other developed countries. Further, we suggest new energy taxation and price systems designed to normalize electricity prices. In order to do so, we consider two possible scenarios: the first imposes a tax on bituminous coal for electricity generation and the second levies a tax to provide compensation for the potential damages from a nuclear accident. Based on these scenarios, we analyze the effects of a new energy system on electricity price and demand. The results show that a new energy system could guarantee the power generation costs and balance the relative prices between energy sources, and could also help prevent rapid electrification. Therefore, the suggested new energy system is expected to be utilized as a basis for energy policy to decrease the speed of electrification, thus preventing a blackout, and to induce the rational consumption of energy in South Korea.

• Journal of Energy Engineering
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• v.24 no.1
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• pp.137-148
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• 2015

So far, the phenomenon of "electrification" has been deepened in Korean industry and especially direct heating energy which accounted for 44.0%(2010) of total energy consumed in Korean manufacturing has been significantly electrified. This paper decomposed electricity consumption for direct heating in Korean manufacturing from 1992 to 2012 using LMDI(Log Mean Divisia Index). This paper includes 4 different factors such as electricity proportion effect, direct heating proportion effect, energy intensity effect and added value effect. And this paper compared the consumption pattern by business type. As results, electricity proportion effect had contributed the most to the increase of electricity consumption for direct heating in Korean manufacturing. And Petrol-Chemical and Iron & Steel had the most electrification of direct heating.

• Environmental and Resource Economics Review
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• v.23 no.1
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• pp.91-132
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• 2014

We investigate the effect of ICT capital on the demands for labor and energy in manufacturing and electricity gas water industries of Korea, US, and UK. Assuming ICT capital, non-ICT capital, labor, electricity, fuel, and material as input factors for manufacturing and ICT capital, non-ICT capital, labor and energy material as input factors for electricity gas water industry, we estimate the Morishima elasticities of substitution. Considering the relative price changes of input factors, ICT capital has substituted labor in manufacturing and electricity water gas industries of the three countries. ICT capital has substituted both electricity and fuel in US and UK manufacturing. Although ICT capital has substituted electricity and fuel each other in Korean manufacturing, ICT capital is unlikely to decrease the demands for electricity and fuel when considering their relative price changes. ICT capital has substituted energy material in electricity gas water industries of the three countries.