• Title/Summary/Keyword: Renewable generation

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Optimizing the Electricity Price Revenue of Wind Power Generation Captures in the South Korean Electricity Market (남한 전력시장에서 풍력발전점유의 전력가격수익 최적화)

  • Eamon, Byrne;Kim, Hyun-Goo;Kang, Yong-Heack;Yun, Chang-Yeol
    • 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.

A Parasol-type Grid-connected Solar Power Generation System for Utilization of New and Renewable Energy (신.재생에너지 활용을 위한 연계 계통형 그늘막 태양광 발전 시스템)

  • Lee, Jae-Min;Lee, Chang-Sung
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.10 no.2
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    • pp.230-236
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    • 2009
  • In this paper, in order to utilize new and renewable energy a grid-connected parasol-type solar power generation system is presented. The proposed power system combining with commercial electric power system is designed to meet the need fur maximum power consumption and parasols for the people staying at beach during hot summer. Solar electric power can be charged in rechargeable batteries during day time and used to provide charged electric power to loads like lamps and fans during night time, A battery charge-discharge controller is required for the good performance of batteries to be charged. The presented battery controller is designed based on high performance microprocessor for precise charge-discharge operations. An alarm circuit to give notice of battery exchange time and other convenient functions are installed in the system. We implemented the proposed solar power generation system at East Sea beach during peak summer season to verify its productivity and performance by experiments.

A Study on HVDC and BESS Application for High Penetration of Renewable Energy Sources (제주지역 재생에너지 수용을 위한 HVDC 및 BESS 활용에 관한 연구)

  • Kwak, Eun-Sup;Min, Jae-Hyun;Jung, Ho-Chul;Moon, Chae-Joo
    • The Journal of the Korea institute of electronic communication sciences
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    • v.16 no.6
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    • pp.1339-1348
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    • 2021
  • There are variety of reasons for renewable energy curtailment, including lack of transmission availability and grid system stability. In the Jeju island region, there are many cases in which the supply of electricity is already increased compared to the demand for electricity due to the increase of solar and wind power generation facilities, and accordingly, the number of curtailments for wind power generation is increasing. This research aims to find the direction of efficient reception of renewable energy and stable operation of the power system using HVDC(High Voltage Direct Current) and BESS(Battery Energy Storage System) facilities that are in charge of power supply in Jeju island. And the paper suggests a practical operation plan for optimal system operation, and the direction of system operation of the land power system due to the expansion of solar and wind power generation facilities in the future.

Comparative Analysis of Solar Power Generation Prediction AI Model DNN-RNN (태양광 발전량 예측 인공지능 DNN-RNN 모델 비교분석)

  • Hong, Jeong-Jo;Oh, Yong-Sun
    • Journal of Internet of Things and Convergence
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    • v.8 no.3
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    • pp.55-61
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    • 2022
  • In order to reduce greenhouse gases, the main culprit of global warming, the United Nations signed the Climate Change Convention in 1992. Korea is also pursuing a policy to expand the supply of renewable energy to reduce greenhouse gas emissions. The expansion of renewable energy development using solar power led to the expansion of wind power and solar power generation. The expansion of renewable energy development, which is greatly affected by weather conditions, is creating difficulties in managing the supply and demand of the power system. To solve this problem, the power brokerage market was introduced. Therefore, in order to participate in the power brokerage market, it is necessary to predict the amount of power generation. In this paper, the prediction system was used to analyze the Yonchuk solar power plant. As a result of applying solar insolation from on-site (Model 1) and the Korea Meteorological Administration (Model 2), it was confirmed that accuracy of Model 2 was 3% higher. As a result of comparative analysis of the DNN and RNN models, it was confirmed that the prediction accuracy of the DNN model improved by 1.72%.

A Buoyant Combined Solar-Wave Power Generation and Its Application for Emergency Power Supply of Nuclear Power Plant (부유식 태양광-파력 복합발전 개념 및 원자력발전소 비상전원을 위한 응용)

  • Cha, Kyung-Ho;Kim, Jung-Taek
    • New & Renewable Energy
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    • v.7 no.4
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    • pp.37-41
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    • 2011
  • This paper presents a Combined solar-wave Power Generation (CPG) concept that the CPG unit is maintained as buoyant at the level of sea water and it is also supported by a submerged tunnel, with the aim of supplying emergency electric power during the station blackout events of nuclear power plants. The CPG concept has been motivated from the 2011 Fukushima-Daiichi Accidents due to the loss of both offsite AC power and emergency diesel power caused by natural hazards such as earthquake and tsunami. The CPG is conceptualized by applying different types and different sites for emergency power generation, in order to reduce common cause failures of emergency power suppliers due to natural hazards. Thus, the CPG can provide a new mean for supplying emergency electric power during station blackout events of nuclear power plants. For this application, the CPG requirements are described with a typical configuration at the ocean side of a submerged tunnel.

Generation Expansion Planning Model Supporting Diverse Environmental Policies for Reduction of Greenhouse Gases

  • Lee, Jeong-In;Lee, Il-Woo;Kim, Bal-Ho
    • ETRI Journal
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    • v.37 no.2
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    • pp.295-305
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    • 2015
  • The purpose of this paper is to a develop model for generation expansion planning that can support diverse environmental policies for the reduction of greenhouse gases (GHGs) of South Korea. South Korea is required to reduce its GHG emissions by 30% from the BAU level by 2020. The Wien Automatic System Planning Package currently used in South Korea has limitations in terms of the application of renewable energy policies and GHG targets; this paper proposes the use of an equipment planning model named generation and transmission expansion program, which has been developed to resolve such limitations. For verification of the model, a case study on the 6th Basic Plan of Long-Term Electricity Supply and Demand has been conducted. The results show that for the year 2020 South Korea's annual GHG emissions will be 36.6% more than the GHG Target Management System (GHG TMS) target set for the same year (30%). To achieve the GHG TMS target, the costs involved amount to about 72 trillion KRW (70 billion USD). Consequently, the South Korean government needs to review the performability of this target.

Economic Feasibility Study for Providing Co-generation System in various Type of Apartment Complexes (아파트단지의 특성에 따른 열병합발전도입의 경제성 비교연구)

  • Gi, Woo-Bong;Kim, Gwang-Ho;Lim, Hee-Jin;Yoon, Kyung-Shick;Jang, Hyuk-Bong;Kim, Dong-Hwan
    • New & Renewable Energy
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    • v.3 no.1 s.9
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    • pp.27-37
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    • 2007
  • This study is to analyse the feasibility for providing Co-generation plant in Apartment Complex for 4 typical Apartment Complexes located Seoul metropolitan area, The selected complexes are three midium-large size Apartment[nearby 35pyoug of floor area] and one complex of small size Apartment[below 25 pyoung of floor area] for comparison. The necessary data for the study were collected with visitation of each site. The study showed very positive result for the three medium-large size Apartment Complexes of which the average floor area is more than 25 pyoungs, while negative result for the Complex of which average floor area is less than 25 pyoungs. Other than floor size it was found that the electric consumption density also influence the economic feasibility. In study the unit fixed cost of the energy produced from Co-generation plant is one third of the unit variable cost[fuel cost] and it seems better to select high thermal efficiency machine for Co-generation plant even with some higher cost of the plant.

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Economic Feasibility of Energy Storage System connected with Solar /Wind Power Generation (태양광/풍력 연계 기반의 ESS 경제성 분석)

  • Lee, Yong Bong;Kim, Jeong Ho
    • Journal of Energy Engineering
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    • v.24 no.3
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    • pp.74-81
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    • 2015
  • Currently, the government is encouraging the introduction of energy storage system to reduce carbon emissions and peak power demand. The government is planning the cumulative capacity of ESS of 2GW in 2020. By utilizing charge and discharge of the ESS, it is possible to sell the surplus power to utility and electricity market. This paper suggests the model that economic feasibility of energy storage system for planning the construction of power generation facilities in 2035. Our results of simulation indicate the energy storage plan of utility for constructing renewable energy facilities is need to incentives from the government to encourage power utilities and expansion of ESS.

Hydrofoil selection and design of a 50W class horizontal axis tidal current turbine model

  • Kim, Seung-Jun;Singh, Patrick Mark;Choi, Young-Do
    • Journal of Advanced Marine Engineering and Technology
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    • v.39 no.8
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    • pp.856-862
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    • 2015
  • Tidal current energy is an important alternative energy resource among the various ocean energy resources available. The tidal currents in the South-Western sea of Korea can be utilized for the development of tidal current power generation. Tidal power generation can be beneficial for many fishing nurseries and nearby islands in the southwest region of Korea. Moreover, tidal power generation is necessary for promoting energy self-sufficient islands. As tidal currents are always available, power generation is predictable; thus, tidal power is a reliable renewable energy resource. The selection of an appropriate hydrofoil is important for designing a tidal current turbine. This study concentrates on the selection and numerical analysis of four different hydrofoils (MNU26, NACA63421, DU91_W2_250, and DU93_W_210LM). Blade element momentum theory is used for configuring the design of a 50 W class turbine rotor blade. The optimized blade geometry is used for computational fluid dynamics (CFD) analysis with hexahedral numerical grids. Among the four blades, NACA63421 blade showed the maximum power coefficient of 0.45 at a tip speed ratio of 6. CFD analysis is used to investigate the power coefficient, pressure coefficient, and streamline distribution of a 50 W class horizontal axis tidal current turbine for different hydrofoils.

PV Power Prediction Models for City Energy Management System based on Weather Forecast Information (기상정보를 활용한 도시규모-EMS용 태양광 발전량 예측모델)

  • Eum, Ji-Young;Choi, Hyeong-Jin;Cho, Soo-Hwan
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.64 no.3
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    • pp.393-398
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    • 2015
  • City or Community-scale Energy Management System(CEMS) is used to reduce the total energy consumed in the city by arranging the energy resources efficiently at the planning stage and controlling them economically at the operating stage. Of the operational functions of the CEMS, generation forecasting of renewable energy resources is an essential feature for the effective supply scheduling. This is because it can develop daily operating schedules of controllable generators in the city (e.g. diesel turbine, micro-gas turbine, ESS, CHP and so on) in order to minimize the inflow of the external power supply system, considering the amount of power generated by the uncontrollable renewable energy resources. This paper is written to introduce numerical models for photo-voltaic power generation prediction based on the weather forecasting information. Unlike the conventional methods using the average radiation or average utilization rate, the proposed models are developed for CEMS applications using the realtime weather forecast information provided by the National Weather Service.