• Korean Journal of Air-Conditioning and Refrigeration Engineering
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• v.27 no.1
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• pp.39-43
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• 2015

The Energy and Green House Gas target management system was launched by the Korean Government in 2010. The Korea Emission Trading System will start in 2015. Therefore, simultaneous pursuit of energy saving and greenhouse emission reduction through energy use rationalization is an important obligation of Korean engineers, who import about 97% of domestic energy consumption. Economic analysis of the GHG emission reduction methodologies registered and approved by Korea Voluntary Emission Reduction (KVER) program was conducted. The results for waste heat recovery employed in an energy intensive pulp, paper and wood industry were reported. The emission reduction intensities were 9.7 kg $CO_2$/ton_pulp production. Net Present Value analysis showed that the GHG emission reduction was economically beneficial with an internal rate return of 60%. The results of exergy analysis indicated that the second law efficiencies of waste heat recovery system employed in KVER program were 77.3% and 53.6%. NPV decreased as the exergy decreased.

• 열병합발전
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• s.76
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• pp.31-31
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• 2010

• Journal of the Korean Wood Science and Technology
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• v.41 no.6
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• pp.594-605
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• 2013

This study was performed to analyze GHG (Greenhouse gas) reduction effectiveness and economic feasibility in the wood pellet fuel switching project using JCDM (Japan Clean Development Mechanism) and KVER (Korea Voluntary Emission Reduction)data. The major data for the analyses consist of investment costs, annual GHG reductions, fuel prices and GHG credit prices. The wood pellet fuel switching projects are the $CO_2$-zero projects. Therefore, these projects are essential to accomplish the GHG mitigation target, especially in Korea. In order to raise the economic feasibility of the wood pellet fuel switching project, the results of this study suggest that the Korean government should reduce the price of wood pellet through the supply on a large scale and raise the KCER price of wood pellet fuel switching project.

• The Magazine for Energy Service Companies
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• s.83
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• pp.54-59
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• 2013