• Environmental and Resource Economics Review
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• v.30 no.2
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• pp.325-345
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• 2021

In this paper, we empirically evaluate the potential performance of energy conversion policy and analyze its effects on power generation sector. We first examine the degree of substitutability between energy inputs by measuring the price elasticities of energy demands and then estimate the changes in CO₂ generation when the proportions of nuclear power plants and renewable power generation are increased. The shadow prices of nuclear power and renewable energy are calculated to compare the potential costs of power generation between the two energy sources. We analyze the impacts of the expansion of nuclear power plants and renewable power generation on power supply price. Nuclear and renewable energy were measured to be complementary to each other. The expansion of nuclear power plants has been more effective in reducing CO₂ emissions than increasing renewable power generation. In most years over 2002 to 2016, the impact of nuclear power expansion on the power supply price was generally higher than that of renewable power generation, with relatively large range of fluctuations.

• Current Photovoltaic Research
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• v.9 no.2
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• pp.59-73
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• 2021

The purpose of this study is to develop a business model that efficiently converts diesel power generation systems to renewable energy microgrids (MG) in large-scale islands. Most of the previous studies on the conversion of renewable energy MG in islands had limitations dealing with efficiency from the perspective of suppliers. However, the microgrid has the characteristic of getting benefits through the interaction between the consumer and the supplier. In addition, the efficient MG business model from the perspective of new institutional economics is a structure in which consumers and suppliers jointly participate. Therefore, this study assumed that the MG business model in which the supplier's MG and the consumer's community solar participated would benefit all participants, and verified the assumptions using domestic island data. In terms of supplier investment, the cost of power supply (LCOE) of assumed model was calculated to be 14.0% lower than that of the diesel model and 3.7% lower than that of the supplier-only MG model. From the perspective of consumer investment, electricity bills are expected to be reduced by more than 200,000 won per household per year through self-generation of solar power. Social benefits are expected to reduce external environmental costs. The CO₂ emissions of the assumed model were calculated to be 39.5% lower than the diesel model and 1.5% lower than the supplier-only MG model. Therefore, the MG business model with consumer participation proposed in this study is expected to be an efficient alternative to renewable energy MG conversion in domestic islands, and is meaningful as an energy plan that improves the benefits of local residents.

• 한국신재생에너지학회:학술대회논문집
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• 2007.06a
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• pp.713-716
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• 2007

Interests have been focused to the renewable energy because energy cost of fossil fuel increased and global climate change caused by CO2 evolution became severe. To overcome these problems, it is essential to develop the energy conversion technologies of renewable resources. Therefore, production and utilization state of wood and woody waste was firstly investigated and then various technologies (pyrolysis, gasification, and combustion) converting the wood and woody waste to energy were summarized. Some case studies of woody waste utilization in europe was introduced with the policy of EU countries. Economical aspect of woody waste was compared with the current fossil fuels and the energy policy of wood and woody waste was suggested.

• Transactions of the Korean hydrogen and new energy society
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• v.21 no.1
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• pp.64-71
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• 2010

This paper deals with an economic evaluation of domestic immersing type photoelectrochemical hydrogen production. We also make some sensitivity analysis of hydrogen production prices by changing the values of input factors such as the initial capital cost, the solar to hydrogen conversion efficiency, and the system duration time. The hydrogen production price of the immersing type photoelectrochemical system was estimated as 8,264,324 won/$kgH_2$. It is expected that the production cost by photoelectrochemical hydrogen production can be reduced to 26,961 won/$kgH_2$ if the solar to hydrogen conversion efficiency is increased to 14%, the system duration time is increased to 20,000 hours, and the initial capital cost is decreased to 10% of the current level. The photoelectrochemical hydrogen production is evaluated as uneconomical at this time, and we need to enhance the solar to hydrogen conversion efficiency and the system duration time as well as to reduce prices of the system facilities.

• Korean Journal of Air-Conditioning and Refrigeration Engineering
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• v.26 no.8
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• pp.388-393
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• 2014

Energy consumption unit in a building is classified according to uses of electricity, gas, and oil, and it has been studied steadily as a material for establishing policy standards for energy saving in buildings. Meanwhile, consumption unit in apartment house can be calculated differently according to its survey method and area standard. Therefore, with the necessity of reestablishing energy consumption unit, this study has researched thermal energy consumption, Supply dwelling area Exclusive dwelling area, completion year and housing type of 23,791 households of 31 complex in Daejeon. As a result, (1) there was about 20% difference between supply and exclusive dwelling areas. (2) On the basis of exclusive dwelling area, thermal energy consumption unit was calculated as $104.9kWh/m^2{\cdot}a$ in 2010, $104.6kWh/m^2{\cdot}a$ in 2011, and $107.7kWh/m^2{\cdot}a$ in 2012.

• Journal of Environmental Impact Assessment
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• v.3 no.2
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• pp.15-24
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• 1994

The goal of impact studies (e.g., as mandated by NEPA in the USA) is to ensure that the full implications of development proposals (ecologic, economic, and social) are taken into account before decisions are made and projects are allowed to proceed. In other words, the aim is to ensure that impact assessment is integrated into planning and policy processes. Today. nearly 25 years after the enactment of NEPA, it is appropriate to inquire regarding the extent of progress toward such integration. This paper examines the role of impact assessment in planning and policy processes with specific reference to resource development projects in the Great Plains region of the USA. The author gives special attention to the socioeconomic impacts associated with energy resource extraction and conversion projects and the role of impact assessment in project evaluation, in local and regional planning, and in state policy development.

• Korean Chemical Engineering Research
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• v.44 no.5
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• pp.489-497
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• 2006

The economical efficiency of conversion of the PC (pulverized coal) firing boiler to the CFB (circulating fluidized bed) boiler which used Koran anthracite as fuel was evaluated. The economic feasibility study was also carried out with regard to maintenance of the existing PC boiler. The sensitivity of economical efficiency with variation of the electric power and coal industry and the policy of government was analyzed and compared. As a results of the evaluation, the economical efficiency of maintenance of the existing PC boiler was higher than that of conversion to the CFB boiler because of the special policy of the government for Korean anthracite. However, the conversion to the CFB boiler was more economically attractive from a point of view of effective use of energy resources and future electric power industry. Additionally, the fund support for electric power industry using Korean anthracite would be effective as changing the policy of the government.

• Journal of the Korean Institute of Gas
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• v.21 no.6
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• pp.70-80
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• 2017

According with annual report by the OECD (Organization for Economic Co-operation and Development), South Korea is at the top of the list of countries with bad air pollution (fine dust particles) and the South Korean government announced the cause to be due to the particle emissions of large and old diesel vehicles. To solve this issue, the government (jointly with related ministries), promoted the "Special Measures for Comprehensive Fine Dust Management Program" as a way to improve environmental pollution by reducing the overall output of fine dust particles emitted by public vehicles. The measure implemented a gas subsidy system to convert eco-friendly vehicles of city and chartered buses throughout the country. In this study, we take a look at the economical evaluation, comparison and analysis of the conversion of diesel vehicles to natural gas (CNG) vehicles. This report represent the basis for the need to expand the funds of the subsidy program and reviews the feasibility of the policy by taking into consideration the social and economical benefits and the effect in the environment when converting diesel fuel to natural gas vehicles through the type-specific fuel conversion scenarios.

• Journal of the Korean Society for Marine Environment & Energy
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• v.15 no.1
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• pp.9-18
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• 2012

Annual power consumption of our country is positioned in the upper percentile in the world, and because the proportion of fossil power generation is high, which ranks the 10th $CO_2$ emission country. In this regard, government has established and is implementing the National Energy Basic Plan to realize to get out of fossilization in energy supply while focusing on securing the technology for renewable energy as well as its commercialization in order to reduce greenhouse gas. Resource recovery technology for deep seawater thermal energy which is one of renewable energies is newly getting attention domestically as well as in overseas for securing resources and environmental improvement as a core technology for multilateral use of marine resources for low carbon and green growth. Economic feasibility analysis was conducted for the research and development as follows on the use of ocean thermal energy conversion and seawater air conditioning. First, in the case of power generation using deep seawater and warm discharge water from ocean thermal energy conversion plant of 1MW level, it is judged that the economic feasibility is insufficient but the feasibility will be significantly improved if we consider not only power generation but also drinking water and certified emission reduction by developing the power plant to the size for commercialization. Second, the economic feasibility for the use of deep seawater as air conditioning for the power plant of 1,000RT level turned out to be very good. Especially, when we consider certified emission reduction, it will be possible to secure sufficient economic feasibility. When we use it in connection with ocean thermal energy conversion, water conversion and agricultural and fishery use, it is judged that economic ripple effect will be significant and therefore it will be necessary to conduct research and development for early commercialization, distribution and diffusion of deep seawater energy.

• Transactions of the Korean hydrogen and new energy society
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• v.21 no.6
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• pp.595-603
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• 2010

This paper deals with an economic evaluation of domestic window type photoelectrochemical hydrogen production utilizing solar cells. We make some sensitivity analysis of hydrogen production prices by changing the values of input factors such as the initial capital cost, the solar to hydrogen conversion efficiency, and the system duration time. The hydrogen production price of the window type photoelectrochemical system was estimated as 1,168,972 won/$kgH_2$. It is expected that hydrogen production cost can be reduced to 47,601 won/$kgH_2$ if the solar to hydrogen conversion efficiency is increased to 14%, the system duration time is increased to 20,000 hours, and the initial capital cost is decreased to 25% of the current level. We also evaluate the hydrogen production cost of the water electrolysis using the electricity produced by solar cells. The corresponding hydrogen production cost was estimated as 37,838 won/$kgH_2$. The photoelectrochemical hydrogen production is evaluated as uneconomical at this time, and we need to enhance the solar to hydrogen conversion efficiency and the system duration time as well as to reduce prices of the system facilities.