• Journal of The Korean Society of Agricultural Engineers
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• v.57 no.6
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• pp.9-20
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• 2015

The demand of renewable energy is expected to grow in the long run in spite of current stable lower oil prices. Energy consumption for heating in horticulture greenhouse is large and affects the profits of the farms. This study analyzed the availability of biomass in rural area and proposed the strategies for utilizing the biomass for greenhouse heating. Data reveal the annual average fuel consumption in greenhouses is about 78 TOE/ha. Considering biomass resource in rural areas, agricultural residues are not sufficient to meet the biomass demand from greenhouses. Therefore it is recommended to secure further biomass including wild herbaceous biomass and woody biomass from forest. Based on the conditions of biomass gasification equipment investment and fuel prices, maximum allowable price of biomass turned out about 100,000 KRW/t to be competitive to kerosine. Biomass supply chain should be established for facilitating biomass trading between biomass consumers and biomass producers such as farmers who provide crop residues. An online trading system is an example of the system where consumers who utilize biomass make payments to suppliers and get the information about the biomass. Intermediate collection storages are required to store biomass from distributed sources. Operation of biomass heating systems in demonstration greenhouses is necessary to get information to refine and further develop commercial biomass heating systems. Relatively large greenhouses are desirable to have biomass heating systems for economic viability. The location of the greenhouse farms should be selected within the area where enough biomass resources are available for feeding the biomass facility.

• Journal of the Economic Geographical Society of Korea
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• v.16 no.4
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• pp.647-669
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• 2013

Depletion of fossil fuels and sharp rise of international oil price as well as climate worming and frequent environmental disasters have required to strengthen resource(esp. energy) and environmental policy and discourse. And hence highly influential discourses and policies such as the concept of sustainable development and strategy for carbon regulation have been developed and pursued world-widely. But these concept and strategy have seemed to be subsumed in the process of neoliberalism, so as to have little effective results. This leads us to energy transition and energy autonomy or autarky as alternative strategic and normative concepts. Daegu has shown strong interests in urban energy problems relatively earlier than other cities, and developed the so-call 'Solar City' project. But it could not properly tackled with the problems, while tending to meet with the global imperatives. This paper considers urban energy problems and energy policy of Daegu with its significance and limitations, and suggests 4 principles for urban energy transition and autonomy with some concrete alternative measures; that is, the transition from fossil and nuclear energy to renewable energy, the transition from supply-led policy to demand side focusing policy, the transition from central governing energy system to locally distributed one, and the transition from market-dependent management to citizen-participatory energy governance.

• The Journal of the Korea institute of electronic communication sciences
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• v.10 no.2
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• pp.247-252
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• 2015

The majority of electric power in the domestic manned islands with off-grid power system is supplied by the diesel generators. However, in the case of off-grid islands the fuel cost is more expensive to inland areas and difficult to transport them to islands. So the development of renewable energy system using natural resource have been recently introduced. But renewable energy that depend on the natural environment, it is necessary to organized the hybrid system with existing diesel engine because the energy is difficult to maintain stable electric power. This paper presents the results of a feasibility study of hybrid system with energy storage system such as wind, solar, battery and diesel engine. The study included off-grid island as the Seogeochado islands located in Jeolanamdo Province. And, the paper proposed a optimal capacity of hybrid system configuration to maintain carbon free with minimum investment cost. the analysis of economic adaptability performed by HOMER program.

• Journal of Korean Society of Coastal and Ocean Engineers
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• v.33 no.5
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• pp.179-186
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• 2021

We need measures that can come up with alternative about fishery living zone and enhance local acceptance for responding to the increase in the proportion of renewable energy production and construction of 12GW Offshore wind power according to Korea's Renewable Energy 3020 initiative and Korean-version New Deal. In this study, We suggest that differentiation plans of co-location model in connection with offshore wind power generation suitable for the East Sea. The East Sea is an optimal site for building of a floating offshore wind power generation(FOWPG) field. It is expected that economic effects like energy production, aquatic resource development and tourism industrialization by farming bluefin tuna which is high valued fish and suitable for offshore aquaculture on public waters in FOWPG field. And we can confirm that budget reduction, smart management by sharing operation management technology and increase in fishermen income.

• The Journal of Engineering Geology
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• v.33 no.3
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• pp.403-411
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• 2023

The possibility of utilizing radiant solar energy as a renewable energy resource in Tajikistan was investigated by assessing solar irradiance using XGBoost algorithm. Through training, validation, and testing, the seasonality of solar irradiance was clear in both actual and predicted values. Calculation of hourly values of solar irradiance on 1 July 2016, 2017, 2018, and 2019 indicated maximum actual and predicted values of 1,005 and 1,009 W/m², 939 and 997 W/m², 1,022 and 1,012 W/m², 1,055 and 1,019 W/m², respectively, with actual and predicted values being within 0.4~5.8%. XGBoost is thus a useful tool in predicting solar irradiance in Tajikistan and evaluating the possibility of utilizing radiant solar energy.

• International conference on construction engineering and project management
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• 2009.05a
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• pp.272-275
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• 2009

Carbon finance is the investment in Greenhouse Gas (GHG) emission reduction projects in developing countries and countries with economies in transition within the framework of the Kyoto Protocol's Clean Development Mechanism (CDM) or Joint Implementation (JI) and with creation of financial instruments, i.e., carbon credits, which are tradable in carbon market. The additional revenue generated from carbon credits will increase the bankability of projects by reducing the risks of commercial lending or grant finance. Meantime, it has also demonstrated numerous opportunities for collaborating across sectors, and has served as a catalyst in bringing climate issues to bear in projects relating to rural electrification, renewable energy, energy efficiency, urban infrastructure, waste management, pollution abatement, forestry, and water resource management. Establishing additionality is essential for successful CDM project development. One of the key steps is the investment analysis. As guided by UNFCCC, financial indicators such as IRR, NPV, DSCR etc are most commonly used in both Option II & Option III. However, economic indicator such as Economic Internal Rate of Return(EIRR) are often overlooked in Option III even it might be more suitable for the project. This could be due to the difficulties in economic analysis. Although Asian Development Bank(ADB) has given guidelines in evaluating EIRR, there are still large amount of works have to be carried out in estimating the economic, financial, social and environmental benefits in the host country. This paper will present a case study of a CDM development of a 18 MW hydro power plant with carbon finance option in central Vietnam. The estimation of respective factors in EIRR, such as Willingness to Pay(WTP), shadow price etc, will be addressed with the adjustment to Vietnam local provincial factors. The significance of carbon finance to Vietnam renewable energy development will also be addressed.

• New & Renewable Energy
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• v.20 no.2
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• pp.44-54
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• 2024

The objective of this study was to contribute to domestic offshore wind farms by reasonably predicting the expected completion time and installed power generation capacity of offshore wind projects in South Korea. Offshore wind power is drastically regarded as a core tool for clean energy transition and industrial decarbonization in the fight against the climate crisis globally. Especially in South Korea offshore wind power is the main tool in partaking in RE100 and K-RE100, and the Korean government aims to install 14.9 GW of offshore wind farms by 2030. However, this seems to have been significantly delayed due to the complex process of obtaining permits for offshore wind power in Korea. Thus, a reasonable prediction of power generation and a timeline for the final construction are imperative. To establish the delay time for permit licenses, classified location factors were included into site analysis. These factors comprised reviews of transmission and military operability, environmental impact assessment, maritime traffic safety examination, wind resource assessment and an analysis of current offshore wind projects. According to the analysis, the majority of offshore wind projects currently being developed in Korea are predicted to be delayed by 3-5 years as they are among the criteria included in key discussion points for obtaining permits. The cumulative installed power capacity and annual power generation after construction are expected to be 37 GW and 97 TWh respectively.

• Environmental and Resource Economics Review
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• v.23 no.4
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• pp.583-615
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• 2014

Including the rolling black out in 2011, Korea has suffered from rapid increase of electricity consumption and demand forecasting failure for last five years. In addition, because of the Fukushima disaster, high fuel prices, and introduction of new generation sources such as renewables, the uncertainty on a power supply strategy increases. Consequently, a stable power supply becomes the new agenda and a revisino of strategy for new power generation sources is needed. In the light of this, we appraises the sixth basic plan for long term electricity demand and supply considering the changes of foreign and domestic conditions. We also simulate a strategy for the new power generation sources using a portfolio analysis method. As results, a diversity of power generation sources will increase and the share of renewable power generation will be surged on the assumptions of a cost reduction of renewable power sources and an increase of fuel costs. Particularly, on the range of a risk level(standard deviation) from 0.06 and 0.09, the efficient frontier has the most various power sources. Besides, the existing power plan is not efficient so that an improvement is needed. Lastly, the development of an electricity storage system and energy management system is necessary to make a stable and efficient power supply condition.

• Environmental and Resource Economics Review
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• v.26 no.1
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• pp.103-121
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• 2017

The domestic ESCO project was introduced in 1992 as one of the energy efficiency improvement programs. In recent energy market, the changes in the market conditions such as smart grid, renewable energy, and the importance of demand response became important issues. As the diversified business models are required, examples of overseas exercises are examined. Business areas in Europe or the US where the ESCO industry has been active include measures to improve the efficiency of energy facilities in all areas, ranging from energy supply facilities and energy services to end users. This type of ESCO overseas business model can be classified into various types such as project execution method, supplier demand management, financing method, climate change and emission rights, new and renewable energy, and other criteria. In this study, we propose to adopt IEC (Integrated Energy Contracting) contract method in domestic ESCO market for additional business models. Current convention of listing the specific individual business types being allowed by regulation turned out to be obstacles to the revitalization of the related market. In order to achieve the goal of energy conservation, it is recommended, instead, to revise the current funding guidelines to be a negative system.

• Environmental and Resource Economics Review
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• v.28 no.3
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• pp.385-413
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• 2019

This study examines the determinants of net export of electricity among 30 European countries sharing electricity grid during the period of 1990~2014 by separating the sample period before and after 2005 in which ETS was introduced in Europe. The empirical method used in this study is generalize least squared one considering both heterogeneous and serial correlation in the balanced panel data. According to the empirical results, after 2005 introducing the ETS, holing energy resources, concentrating only on few electricity generation resources, and nuclear electricity generation had played more important role in net export of electricity, while renewable energy had negative effect on net export of electricity and coal and gas generation have no effect on net export after introduction of ETS in Europe probably because of high environmental cost. The policy implication of the results would be that reconsidering each country's optimal generation mix strategy and its role in case freely trading electricity.