• 한국신재생에너지학회:학술대회논문집
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• 2007.11a
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• pp.678-681
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• 2007

Now Korea depends upon the imported resources for about 97% of total using energy. So from October, 2001 Korean government has supported renewable energy business owners by providing them with Electric Power Industry Basis Fund. Only plant-use electricity of the small hydro power plant is exactly managed, but other renewable energy plants is unprepared or not yet managed. Therefore, in this paper, we'll analyze the plant-use electricity management of the small hydro power and propose improvement plans for plant-use electricity of the photovoltaic power plant.

• Journal of international Conference on Electrical Machines and Systems
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• v.1 no.2
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• pp.70-78
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• 2012

Due to the variable nature of renewable energy resources and power demand by consumers, it is difficult to operate a power system installed with only one type of renewable energy resource. Grid-based renewable generation may be the only solution to overcome this problem. The conventional approach based on a low-voltage converter with power frequency transformer is commonly employed for grid connection of offshore renewable energy systems. Because of the heavy weight and large size of the transformer, the system can be expensive and complex in terms of installation and maintenance. In this paper, an 11-kV series connected H-bridge (SCHB) multilevel voltage source converter (VSC) is proposed to achieve a compact and light direct grid connection of renewable energy systems. This paper presents the design, simulation and analysis of a five level (5L)-SCHB and an eleven level (11L)-SCHB VSC for 11-kV grid-based renewable energy systems. The performance, cost, modulation scheme and harmonic spectra of the converter are analyzed.

• Environmental and Resource Economics Review
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• v.32 no.2
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• pp.127-147
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• 2023

This study is trying to analyze the economic effect of replacing thermal power generation, one of the government's carbon-neutral policies, with new and renewable energy. For this analysis, scenario A is set to replace 100% of thermal power generation with new and renewable energy, and scenario B is set to replace 60% of thermal power generation with new and renewable energy. In addition, costs are incurred when replacing thermal power generation with new and renewable energy, and scenario 1 is the same cost as the current cost, and scenario 2 is120% higher than the current cost. Therefore, when converting thermal power generation to new and renewable energy, the scenarios are largely organized into four cases. In the case of replacing thermal power generation with new and renewable energy, the production inducement coefficient of thermal power generation decreased from the current level regardless of the scenario. However, the value-added inducement coefficient and the greenhouse gas emission inducement coefficient are lower than the current level when thermal power is converted to renewable energy by 100%, while the value-added inducement coefficient and greenhouse gas emission inducement coefficient are higher than the current level. In addition, the greenhouse gas emission induction coefficient of most industries was found to decrease, while the production induction coefficient and the value-added induction coefficient increased. Scenario A seems appropriate because the purpose of the government's policy is to reduce greenhouse gas emissions by converting thermal power into new and renewable energy. However, as a result of this, the production inducement coefficient and value-added inducement coefficient of some industries decrease, so the government's support policy is needed to solve this problem

• Environmental and Resource Economics Review
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• v.18 no.1
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• pp.75-103
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• 2009

The hypothesis suggested by Porter and van der Linde claims that innovating firms operate in a dynamic competitive situation which allows global diffusion of environmental-friendly technologies. Therefore, countries that are subjects to more stringent environmental regulations may become net exporters of environmental technologies. In the context of Porter hypothesis, this study investigates the impact of importing countries' environmental regulation on Korea and Japan's export flows of technologies for renewable energies and energy efficiency by estimating the gravity equation. The estimation result shows that : (1) our results are consistent with the Porter hypothesis where environmental regulation represents a significant source of comparative advantages, (2) Korea's export flows of technologies for renewable energies and energy efficiency with respect to the importing countries' environmental regulation are more sensitive than Japan's, and (3) the adverse relationship between export flows and importers' environmental stringency in developing countries does not hold in the renewable energies and energy efficiency related sector.

• Environmental and Resource Economics Review
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• v.25 no.2
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• pp.229-253
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• 2016

To achieve the socially optimum level of renewable generation, governments should design renewable policies to induce renewable technologies competitive with conventional generation technologies. And to do that, it is needed to understand how each policy has been effective in promoting renewables for power sector. In most of the literatures, there are two key limitations that they did not considered autocorrelation problem using the amount of generation from renewables as a dependent variable and technology innovation which needs to be preceded technology adoption. In this study, I try to overcome these two problems by using dynamic panel model and adding an additional variable for technology innovation. According to the result, FIT has been effective rather than RPS in promoting renewables for generation and I found the possibility that the counterintuitive results which commonly appeared in existing studies might be due to the two limitations mentioned above.

• Journal of Energy Engineering
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• v.24 no.4
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• pp.97-104
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• 2015

The performance in scientific contribution of renewable energy R&D has been overlooked, as it is shown in terms of industrial aspect. This paper analyzed the R&D efficiency of scientific aspects of each renewable energy resource in 2008-2012. Total R&D fund and the number of supported projects are selected as input variables, and the number of patents and papers as output variables to analyze the direct efficiency using DEA method. Through the analysis, it determines the efficiency of each energy resource R&D, and investigated the causes of inefficiency. This study has meaning to include entire renewable energy sources for the analysis, and is expected to serve as an important reference in policy making.

• Journal of the Korean Solar Energy Society
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• v.39 no.6
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• pp.93-112
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• 2019

In this paper, a very new web-based software for renewable energy system (RES) design and economic evaluation was introduced. This solution would provide the precise RES estimation service including not only photovoltaic (PV), wind turbine (WT) and fuel cell (FC) individually but also energy storage system (ESS) as combined forms with PV or WT. The three reasons why we ought to develop it are: First, the standardized tool suitable to the domestic environment for estimating power generation from RES facilities and economic evaluation is required. Secondly, the standardized tool is needed to spread domestic RES supply policy and to promote the new industry in the micro-grid field. The last, the reliability of economic evaluation should be enhanced more for new facilities. To achieve those aims, the weather database of one hundred locations have established and the RES facility database has also constructed. For the energy management, mathematical models for PV, WT, ESS and FC were developed. As a final phase, the analytical process to evaluate economics has performed with field data verification.

• Environmental and Resource Economics Review
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• v.30 no.3
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• pp.503-533
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• 2021

This paper analyzes the relationships among the energy consumption, renewable energy production, real gross regional domestic product(GRDP), and greenhouse gas(GHG) emissions. It uses the metropolitan city and province level data for Korea from 2010 to 2018, employing a panal vector autoregressive(VAR) model. We find that an increase in energy consumption has a limited impact on boosting renewable energy production or gross regional domestic product, while it leads to an increase in greenhouse gas emissions. A rise in renewable energy production can increase gross regional domestic product, but it has no meaningful effects on energy consumption and the reduction of green house gas emissions. Our finding indicates that it is crucial to expand the supply of renewable energy as well as to decrease energy consumption in order to achieve the goal of reducing greenhouse gas emissions and reaching economic growth.

• The Journal of the Korea institute of electronic communication sciences
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• v.16 no.4
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• pp.735-742
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• 2021

Recently, renewable energy-related power generation facilities have been surging due to the government's "Renewable Energy 3020", "Green New Deal", "2050 Carbon Neutrality" and "K-RE100" policies. Most renewable energy facilities are small and distributed, making it difficult to manage efficiently, and small distributed resources less than 1MW are having a hard time with participating in the market due to the limited sales and avoidance of trading. In particular, the intermittency of renewable energy has a significant impact on the stability of the power grid. The government is seeking to address volatility and intermittency issues through 'small distributed resource brokerage trading, and to expand the systematic resourceization and acceptability of heterogeneous large and small distributed resources. In this work, we intend to apply an AI-based power generation prediction model to a distributed resource brokerage trading system so that it can be utilized as a foundation platform for pioneering new energy business markets.

• Environmental and Resource Economics Review
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• v.31 no.2
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• pp.141-163
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• 2022

This paper empirically analyzes the effect of renewable electricity generation on the System Marginal Price (SMP) in Korea. Using an ARX-GARCHX model with hourly data from 2016 to 2020, we evaluate SMP determinants and merit order effects. As a result, we find that solar and wind power, as well as gas price and total load, play a critical role in the SMP. In particular, solar power reduces the SMP level but raises volatility during peak and off-peak periods. This result implies that SMP may fall as renewable electricity generation increases, leading to a decrease in the profitability of existing power plants and investment in renewables. On the other hand, even if the subsidy of renewable energy increases the burden on the SMP, it can be offset by the merit order effect, which lowers the SMP.