• Journal of the Korean Solar Energy Society
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• v.36 no.1
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• pp.63-73
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• 2016

How effectively a wind farm captures high market prices can greatly influence a wind farm's viability. This research identifies and creates an understanding of the effects that result in various capture prices (average revenue earned per unit of generation) that can be seen among different wind farms, in the current and future competitive SMP (System Marginal Price) market in South Korea. Through the use of a neural network to simulate changes in SMP caused by increased renewables, based on the Korea Institute of Energy Research's extensive wind resource database for South Korea, the variances in current and future capture prices are modelled and analyzed for both onshore and offshore wind power generation. Simulation results shows a spread in capture price of 5.5% for the year 2035 that depends on both a locations wind characteristics and the generations' correlation with other wind power generation. Wind characteristics include the generations' correlation with SMP price, diurnal profile shape, and capacity factor. The wind revenue cannibalization effect reduces the capture price obtained by wind power generation that is located close to a substantial amount of other wind power generation. In onshore locations wind characteristics can differ significantly/ Hence it is recommended that possible wind development sites have suitable diurnal profiles that effectively capture high SMP prices. Also, as increasing wind power capacity becomes installed in South Korea, it is recommended that wind power generation be located in regions far from the expected wind power generation 'hotspots' in the future. Hence, a suitable site along the east mountain ridges of South Korea is predicted to be extremely effective in attaining high SMP capture prices. Attention to these factors will increase the revenues obtained by wind power generation in a competitive electricity market.

• Environmental and Resource Economics Review
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• v.27 no.2
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• pp.339-362
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• 2018

In this paper, we simulate the contribution of an increasing renewable energy to demands for fossil fuels and power supply price by estimating a cost function for the Korean electric power generation sector. Since the renewable energy is a composite input, it is not feasible to compute the price index for renewable energy due to data limit. We estimate a restricted cost function, which is derived by minimizing the costs of fossil fuels conditional on the quantity of renewable energy set to its optimal level, jointly with supply relation. In particular, derivation of the shadow price of renewable energy would make it possible to analyze potential costs incurred by power plants.

• 한국신재생에너지학회:학술대회논문집
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• 2005.06a
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• pp.463-466
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• 2005

As the distributed generation becomes more reliable and economically feasible, it is expected that a higher application of the distributed generation units would be interconnected to the existing grids. This new generation technology is linked to a large number of factors like economics and performance, safety and reliability, market regulations, environmental issues, or grid connection constrains. KEPOD (Korea Electric Power Corporation) is performing the project to develope the Distributed Micro Gas Turbine (MGT) technologies by using Swine BID-ENERGY. This paper describes the plans and strategies for the renewable energy of MGT on actual grid-connection under Korean situations. KEPOD also, has a research plan on bio-gas pretreatment system applicable to our domestic swine renewable resources and is performing concept design of pilot plant to test grid operation. In addition, this testing will be conducted in order to respond to a wide variety of needs for application and economic evaluation in the field of On-site generation.

• New & Renewable Energy
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• v.4 no.2
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• pp.31-38
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• 2008

Using a surplus head in presented water supply pipes, we have studied to improve the operating efficiency of small hydro generator, which was chosen for a test model with 00 hydro power plant. With regard to power control and countermeasure of water hammer impact, Finally we have represented the optimal control method through the synthetical analysis of existing system symptoms, operation efficiency, the effect of water hammer impact and system configuration.

• Journal of the Korean Solar Energy Society
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• v.39 no.4
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• pp.41-54
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• 2019

The proportion of solar photovoltaic power generation has steadily increased in the power trade market. Solar energy forecast is highly important for the stable trade of volatile solar energy in the existing power trade market, and it is necessary to identify accurately any forecast error according to the forecast lead time. This paper analyzes the latest study trend in solar energy forecast overseas and presents a consistent comparative assessment by adopting a single statistical variable (nRMSE) for forecast errors according to lead time and forecast technology.

• 한국신재생에너지학회:학술대회논문집
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• 2005.06a
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• pp.412-415
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• 2005

Solar thermal power generation is one of promising and well-proven ways to convert solar energy to electricity. Though it requires high initial cost for system construction and continuous efforts for maintainment. it is more positive in terms of efficiency than other solar power generation technologies. Moreover, solar thermal power generation allows additional benefits of cheap thermal storage and easy hybridization with other fossil fuel-driven power generation. Owing to these benefits, large scale solar thermal power generation technology is expected to be competitive to other commercial technologies in the near future. In this paper an overview on the solar thermal hybrid power generation technology and the state of the art in Korea were briefly introduced.

• New & Renewable Energy
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• v.7 no.2
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• pp.36-42
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• 2011

The wind speed at the altitude around 300 m is much higher and less variable than at the altitude around 80 m which is the same height of the MW class tower turbine's hub height. The wind power density is increased 0.37 W/$m^2$ per meter at the altitude around 6 to 7 km and 0.25 W/$m^2$ per meter at the altitude around 80 to 500 m. There are two types of power generation systems using lifting bodies. The one is that The generator is installed in the ground station and stretched into the lifting body through the tether. The other is that the generator is installed in the lifting body and stretched into the ground station through the tether. Many kinds of lifting bodies are also researched in the world, called kites, wings, single or twin aerostat, and so on. This article introduced the technical development status and the market prospects of the high altitude wind power generation system all over the world in detail.

• 한국신재생에너지학회:학술대회논문집
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• 2009.11a
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• pp.289-292
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• 2009

This paper reviewed laws and policies of renewable energy in Japan and China. Japan has enacted laws and implemented policies of renewable energy since 1980 for their energy security and environmental problem, and nowadays renewable energy is one of solutions for UNFCCC and Kyoto Protocol. Japan plays a leading role in photovoltaic power generation. As second largest energy consumer, China generates a lot of pollution from their energy use. However Chinese government attempts to sustainable development among economy, society and environment, suggests to use renewable energy in the way to reduce pollution and improve living standards. Korea focused on renewable energy as one of motive power in Green Growth. Review for renewable energy policy of two countries gives Korean policy implication and helps "Green Growth", national theme of Korea.

• Journal of Energy Engineering
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• v.26 no.2
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• pp.99-120
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• 2017

In SS branch of Korea District Heating Corporation, Combined Heat & Power power plant with 99MW capacity and 98Gcal / h capacity is operated as a district electricity business. In this region, it is difficult to operate the generator due to the problem of surplus heat treatment between June and September due to the economic recession and the decrease in demand, so it is urgent to develop an economical energy new business model. In this study, we will develop an optimized operation model by introducing a renewable energy hybrid system based on actual operation data of this site. In particular, among renewable energy sources, fuel cell (Fuel Cell) power generation which can generate heat and electricity at the same time with limited location constraints, photovoltaic power generation which is representative renewable energy, ESS (Energy Storage System). HOMER (Hybrid Optimization of Multiple Energy Resources) program was used to select the optimal model. As a result of the economic analysis, 99MW CHP combined cycle power generation is the most economical in terms of net present cost (NPC), but 99MW CHP in terms of carbon emission trading and renewable energy certificate And 5MW fuel cells, and 521kW of solar power to supply electricity and heat than the supply of electricity and heat by 99MW CHP cogeneration power, it was shown that it is economically up to 247.5 billion won. we confirmed the results of the improvement of the zone electricity business condition by introducing the fuel cell and the renewable energy hybrid system as the optimization process model.

• New & Renewable Energy
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• v.2 no.1 s.5
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• pp.66-71
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• 2006

CDM(Clean Development Mechanism) is one of three Kyoto mechanisms. As a non-annex I party of UNFCCC, Korea can host CDM projects. Currently eight CDM projects are hosted in Korea under Kyoto protocol. Six of these CDM projects are related to renewable energy power generation. Renewable energy power plants assumes zero GHGs emission and has great potential to become COM projects which is very environmental friendly energy. Gangwon wind park CDM project is the first renewable CDM project in Korea. In this research, emission factors and additionality proving process are studied, which are important procedures of doing CDM project.