• Title/Summary/Keyword: Renewable resources

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Renewable Energy Consumption and Economic Growth in China

  • Erusalkina, Daria;Saphouvong, Linda
    • Asia Pacific Journal of Business Review
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    • v.7 no.1
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    • pp.23-47
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    • 2022
  • Environmental pollution is becoming more and more serious, and people gradually realize the harmfulness of environmental pollution, so they pay more and more attention to environmental problems. Also, the conflict between environmental issues and economic growth, and the renewable energy consumption is increasing. The emergence of renewable energy in China has improved the problem of energy shortages and further protects the environment. This article studied the renewable energy resources and the status quo of development and utilization, examined China's renewable energy development countermeasures and suggestions, and conducted an empirical analysis of the effect of renewable energy on economic growth in China. The empirical research concluded that energy consumption and renewable energy consumption have a positive and significant impact on economic growth, and the driving effect of traditional energy on GDP growth is still greater than the driving effect of renewable energy on GDP growth.

The Economics Value of Electric Vehicle Demand Resource under the Energy Transition Plan (에너지전환 정책하에 전기차 수요자원의 경제적 가치 분석: 9차 전력수급계획 중심으로)

  • Jeon, Wooyoung;Cho, Sangmin;Cho, Ilhyun
    • Environmental and Resource Economics Review
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    • v.30 no.2
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    • pp.237-268
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    • 2021
  • As variable renewable sources rapidly increase due to the Energy Transition plan, integration cost of renewable sources to the power system is rising sharply. The increase in variable renewable energy reduces the capacity factor of existing traditional power capacity, and this undermines the efficiency of the overall power supply, and demand resources are drawing attention as a solution. In this study, we analyzed how much electric vehicle demand resouces, which has great potential among other demand resources, can reduce power supply costs if it is used as a flexible resource for renewable generation. As a methodology, a stochastic form of power system optimization model that can effectively reflect the volatile characteristics of renewable generation is used to analyze the cost induced by renewable energy and the benefits offered by electric vehicle demand resources. The result shows that virtual power plant-based direct control method has higher benefits than the time-of-use tariff, and the higher the proportion of renewable energy is in the power system, the higher the benefits of electric vehicle demand resources are. The net benefit after considering commission fee for aggregators and battery wear-and-tear costs was estimated as 67% to 85% of monthly average fuel cost under virtual power plant with V2G capability, and this shows that a sufficient incentive for market participation can be offered when a rate system is applied in which these net benefits of demand resources are effectively distributed to consumers.

An Economic Evaluation about Research and Development for Renewable energy in Korea (대체에러지 기술개발에 대한 수익성 평가분석)

  • 전영서;김진오
    • Journal of Korea Technology Innovation Society
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    • v.7 no.2
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    • pp.325-349
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    • 2004
  • This paper tried to evaluate an economic analysis about research and development far areas of renewable resource in Korea. To evaluate this validity, we tried to calculate the spillover effect of R&D investment through input-output table. In the first stage of spillover effect, we simply calculate the rate of return on R&D investment for renewable energy resources in Korea through the input-output model, which can calculate the value added as well as output based upon the price of 2000 year. According to the first stage calculation, the rate of return on R&B investment in solar heat is higher than any other renewable energy. In the second stage we tried to calculate the second round of spill over effect, which derives from the additional amount of supply of renewable resources due to the R&D investment. The overall evaluation of R&D invesment including the first stage as well as second stage spillover effect shows that bio-energy and waste energy generate 14 times as well as 2.5 times in the rate of return respectively.

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Study on the Utilization of Public Data for the Introduction of Solar Energy in Rural Areas (농촌지역 태양광에너지 도입을 위한 공공데이터 활용방안)

  • Kim, Sang-Bum;Kim, Yong-Gyun
    • Journal of Korean Society of Rural Planning
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    • v.29 no.4
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    • pp.175-182
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    • 2023
  • The purpose of this study, the trend of renewable energy, domestic and foreign renewable energy policies, and the flow of the legal system related to renewable energy location were identified, and a location analysis using public data was studied when solar energy was located. First, renewable energy is leading to energy conversion by reducing the proportion of existing fossil fuel-centered energy sources in the global trend and increasing the proportion of renewable energy, an eco-friendly energy source, and changing the institutional and market structure. Second, large-scale solar energy power plants are installed and operated in rural areas where there is no change in insolation and land prices are cheaper than in urban areas where there are many changes in insolation due to surrounding high-rise buildings and street trees. Third, if a preliminary location review is conducted using public data at this time, it will be easy to identify the optimal location for area and size calculation. Fourth, the solar energy location functional area was studied in area A, and the total area of the target area was 624.5km2, with 392.7km2 and 62.9% of the avoidance area where solar power cannot be located.

Analysis of Small Hydropower Resources for Han River System Using Resource Management System (자원관리시스템을 이용한 한강수계의 소수력자원 분석)

  • Park, Wan-Soon;Lee, Chul-Hyung
    • 한국태양에너지학회:학술대회논문집
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    • 2011.04a
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    • pp.241-245
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    • 2011
  • Small hydropower is one of the many types of new and renewable energy, which South Korea is planning to develop, as the country is abundant in endowed resources. In order to fully utilize small hydropower resources, there is a need for greater precision in quantifying small hydropower resources and establish an environment in which energy sources can be discovered using the small hydropower resource management system. This study has given greater precision to calculating annual electricity generation and installed capacity of small hydropower plants of Han river system by inquiring into average annual rainfall, basin area and runoff coefficient, which is anticipated to promote small hydropower resources utilization. Small hydropower resource management system was also established by additionally providing base information on quantified small hydropower resources and analysis function and small hydropower generator status, rivers, basin, rainfall gauging station, water level gauging station etc.. Small hydropower resource management system can be used gather basic information for positive applications of small hydropower energy nationwide.

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Analysis of Small Hydropower Resources for Nakdong River System Using Resource Management System (자원관리시스템을 이용한 낙동강수계의 소수력자원 분석)

  • Park, Wan-Soon;Lee, Chul-Hyung
    • 한국태양에너지학회:학술대회논문집
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    • 2011.11a
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    • pp.354-358
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    • 2011
  • Small hydropower is one of the many types of new and renewable energy, which South Korea is planning to develop, as the country is abundant in endowed resources. In order to fully utilize small hydropower resources, there is a need for greater precision in quantifying small hydropower resources and establish an environment in which energy sources can be discovered using the small hydropower resource management system. This study has given greater precision to calculating annual electricity generation and installed capacity of small hydropower plants of Nakdong river system by inquiring into average annual rainfall, basin area and runoff coefficient, which is anticipated to promote small hydropower resources utilization. Small hydropower resource management system was also established by additionally providing base information on quantified small hydropower resources and analysis function and small hydropower generator status, rivers, basin, rainfall gauging station, water level gauging station etc.. Small hydropower resource management system can be used gather basic information for positive applications of small hydropower energy nationwide.

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An Overview of Marine Renewable Energy (해양 신재생에너지의 고찰)

  • Kim, Young C.
    • Journal of Korean Society of Coastal and Ocean Engineers
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    • v.25 no.6
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    • pp.433-438
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    • 2013
  • With the prospect of an increasing shortage of energy resources, there has been a growing interest in renewable alternative sources of energy. An increasing effort is being directed towards resolving the problems of extracting energy from the world's oceans, as they represent a vast potential source of renewable energy. This paper summarizes the extraction and conversion techniques of the ocean's energy resources, namely, energy derived from the ocean waves, tides, thermal gradients, and currents. For each energy extraction and conversion technique, case studies are discussed.

Changes in the Economic Feasibility of a Floating Photovoltaics Project due to the Social Cost of Carbon (탄소의 사회적 비용에 따른 수상 태양광 사업의 경제성 변화)

  • Jaejune Lim;Jinsoo Kim
    • New & Renewable Energy
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    • v.20 no.1
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    • pp.26-37
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    • 2024
  • Renewable energy sources play a key role in achieving carbon neutrality and zero net emissions in the power generation sector. Various efforts have been made to support the deployment of renewable energy, particularly solar photovoltaic and wind power, including policies to internalize the external cost of carbon emissions. In this study, we conducted a financial analysis of a 800 MW floating photovoltaic system and compared it with ground solar power generation. Additionally, we conducted a cost-benefit analysis that included the social cost of carbon. The findings showed that the floating photovoltaic project can meet the profitability target through an appropriately designed internalization of the social cost of carbon.

Information Strategy Planning for GIS based Management System Development with New Renewable Energy Resource Information

  • Kim Kwang-Deuk;Jeong Jae-Hyuck
    • Proceedings of the KSRS Conference
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    • 2005.10a
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    • pp.313-316
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    • 2005
  • New renewable energy information becomes one of the greatest issues all over the world because of serious environment problems and limited fossil resources. The new renewable energy source information system is treated seriously for efficient management and distribution as dealing with these energy problems. However, it is difficult to manage and utilize new renewable energy information because gathering and surveying information is progressed individually in each research field. Therefore this paper will establish ISP(Information strategy Planning) and propose the basic management system based-on GIS to analyze new renewable energy such as solar energy, wind power, small hydro, biomass, geothermal etc. and build the integration management system. The proposed integration management system can provide spatial analysis using thematic map, data search, data import/export and interpolation about users quenes.

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