• 한국신재생에너지학회:학술대회논문집
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• 2008.05a
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• pp.95-98
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• 2008

Temperature difference energy is a good energy source replacing the fossil fuels. In the study, we classified the temperature difference energy as 4 types by the source & using method. For the understanding economic property of temperature difference energy, we tried simle economic analysis. As the result, Pay back period of 4 case of the temperature difference energy are from 1.23 to 12.65 years. Major factors influenced economic effect are operation time and energy user distance from the temperature difference energy source. If we can select optimal capacity and look for more effient energy users, Temperature difference energy play a important role of replacing fossil energy. So, for dess emination of temperature difference energy, we suggest that temperature difference energy must be included in renewable energy. Applying the effective methods among various promotion program of renewable energy policy, utilization of temperature difference energy could be activated.

• New & Renewable Energy
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• v.18 no.3
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• pp.43-59
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• 2022

The green premium is the most important feature of Korea's RE100 system. Green premium has three characteristics. The first, the cost of implementation is lower than that of other means of implementation. The second, it is linked with the RPS system to keep the means of implementing the green premium low. Third, the funds raised by the green premium are used to supply renewable energy to compensate for the additionality that the green premium does not have. When the entire industrial sector's electricity consumption is converted to renewable energy, the implementation cost of the green premium is estimated to be 3,377.4 billion won, and the REC purchase is estimated to incur the implementation cost of 6,576.4 billion won, which is 3.5 trillion more than the green premium. It was analyzed that an additional implementation cost of KRW 100 million would occur. In addition, in the case of solar PPA, it was analyzed that additional implementation costs of KRW 13,375.7 billion to KRW 16,162.3 billion were incurred. It was estimated that the renewable energy that could be supplied to the green premium would at least be sufficient for companies exporting to the US and EU. In addition, it was analyzed that when the fund created as a green premium is used for renewable energy supply, about 30.7% of the renewable energy supply through PPA can be supplied. However, as ESG is emphasized, green premium can be criticized by green washing because there is no additionality. There is also a limit to responding to the EU's CBAM. Therefore, companies can use the green premium depending on the situation, but it is more advantageous to use PPA, etc. The government needs to sufficiently maintain the supply of renewable energy using the fund to maintain the green premium.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.66 no.2
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• pp.347-353
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• 2017

In order to prohibit global warming, various kinds of regulatory policies have been established in the whole world. One example is the establishment of the Renewable Portfolio Standard. It requires the increased portion in energy production from renewable energy sources. The Republic of Korea adopted the act on the promotion of the development, use, and diffusion of new and renewable energy since 2012. However, in spite of the effort on the consideration of the renewable energy sources, it was reported the carbon intensity of electricity in Korea was not that low in 2015. Thus, it is required to examine the recent state of the utilization degree of the renewable energy sources in Korea. This paper analyzed the statistical data provided by Korea Power Exchange (KPX) to examine any problems and solutions for generating electricity from the renewable energy sources. We focused on the generation capacity provided by the power plants participated in the market, the electric power trading amount, and the utilization coefficient for 10 years. By analyzing the data, we provide an alternative to solve some imbalance among the factors contributing to renewable energy use.

• Journal of Environmental Impact Assessment
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• v.17 no.1
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• pp.67-79
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• 2008

Global warming, which is one of the most serious challenges, has been the subject of intense debate and concern for many scientists, policy-makers, and citizens for at least the past decade. To protect the health and economic well-being of current and future generations, we must reduce our emissions like carbon dioxide. Alternatives to achieve an energy future without serious global warming are to change to clean and renewable sources of energy like the wind, the sun lights, rivers, the biomass, hydrogen, and oceans. To identify some of the key and new environmental impacts associated with renewable energy and hydrogen energy, we set up the new conceptual methodology. Specifically, new identified environmental and health impacts are related with the usage of hydrogen energy. When comparing with fossil fuel, the renewable energies can reduce the release of carbon dioxide when they are used except hydrogen produced from fossil fuel. However, all renewable energy technologies are not appropriate to all applications or locations. Our results suggest that all of alternatives to replace fossil fuel can release the several global and local impacts although they seems to be smaller than the impacts from fossil fuel. Therefore, the quantitative and detail analysis to assess environmental impacts of the alternative energies might be useful to make our decision for the future energy against the global warming.

• Advances in Energy Research
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• v.8 no.4
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• pp.243-252
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• 2022

The hybrid wind-solar energy concept has a big influence on the spread of wind and solar power projects in India since it combines the benefits of both industries while also providing extra benefits such as resource sharing such as land, infrastructure, and power evacuation systems. Furthermore, while the hybrid policy may reduce certain barriers to the installation of wind and solar energy in India, there are still some issues that must be resolved rapidly in order to ensure a sustainable installation. According to the study's findings, the installation of wind and solar power plants is significantly influenced by energy policy. The wind-solar hybrid energy strategy will also be crucial in the near future for growing the usage of renewable energy sources. Aside from that, the establishment of Green Energy Open Access (GEOA) and the restart of the trading of Renewable Energy Certificates (REC) would promote the quick deployment of standalone and hybrid renewable power projects throughout the nation, enabling it to reach 500 GW of installed non-fossil energy capacity by 2030.

• Environmental and Resource Economics Review
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• v.24 no.4
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• pp.727-745
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• 2015

This paper analyzes the firms' optimization behavior in response to rising demand for non-priced renewable energy in the manufacturing industries by using an input distance function. The annual estimates of the shadow price of renewable energy is derived and the trend of its shadow price over time is analyzed. The degree of substitution of renewable energy for fossil-fuels is examined. The input-based Malmquist productivity index, defined as a composite of the technical efficiency and technical change measures, is measured. The contribution of renewable energy input growth to the Malmquist index is analyzed. Empirical results indicate that the shadow price of renewable energy declined at an average annual rate of 17% over the period 1992-2012. Substitutability between renewable energy and fossil-fuels was limited. On average, a 1% increase in renewable energy would decrease Malmquist index by 0.04% per year.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2014.05a
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• pp.44-45
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• 2014

Recently the Korean government also has strictly restricted a law such as GBCC(Green Building Certification Criteria)and RPS(Renewable Portfolio Standard) on the construction. Especially the government announced a obligation of renewable energy consumption over 12% for all the public buildings of total area over 1,000㎡ since 2014. Regarding to the policy, this study presented the economics of energy analysis of the public office buildings that supplies 12% renewable energy output in the early stage of construction project. This paper calculated on CO₂ emission by the geothermal, solar heat, and solar photovoltaic system and estimated the saving cost. Reduced cost through the energy saving are predicted to influence on the total construction cost. As a result air pollution and energy saving cost are expected that renewable energy system would be saving total initial cost of construction on planning phase.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.67 no.5
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• pp.601-610
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• 2018

The purpose of this paper is to establish a new optimum Generator Maintenance Scheduling(GMS) considering renewable energy generator. In this paper, the total renewable energy generation is estimated using hourly capacity factor of renewable energy generator. The GMS was optimized with the objective function of maximizing the minimum reserve rate, minimizing the probabilistic production cost, minimizing the loss of load expectation, and minimizing $CO_2$ emissions. In the case study of this paper, GMS considering renewable energy and GMS not considering renewable energy are shown by each objective function. And it shows scenarios of the reliability, the environmental and economical factors when two nuclear power plants inputted and ten coal thermal power plants shut downed respectively.

• Journal of the Korean Solar Energy Society
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• v.28 no.6
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• pp.70-77
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• 2008

The purpose of this study evaluates a feasibility and economical efficiency of new renewable energy. According as weather change is serious problem now days, every people make attention to the reduction of greenhouse gas. The revitalization of new renewable energy creates the variety of energy source, stability of energy supply and reduction of greenhouse gas. In this study evaluates a feasibility and economical efficiency from new renewable energy of various photo voltaics, wind power, small hydro and biogas. Feasibility does in standard of technical characteristic, politic support, marketability, establishment present condition and development aim. Economical efficiency does in standard of developmental unit cost, utilization factor, equipment life, politic support cost, interest ratio. The results of this study were as follows photo voltaics, wind, small hydropower, biogas in order feasibility is high. Developmental unit cost, utilization factor, equipment life, politic support cost and analyzed the relationship of interest ratio fluctuation and economical efficiency. From all new renewable energy the utilization factor most is important in economical efficiency but necessary utilization factor is difficult because environmental problem.

• 한국태양에너지학회:학술대회논문집
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• 2008.04a
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• pp.281-286
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• 2008

Current feed-in tariffs(FIT) of Electricity generating from new and renewable energy sources are reappraised with the corrected formula of levelized generation cost(LGC) of utility power. The LGC of new and renewable electricity should be formulated in explicitly reflecting the capital cost and corporate tax during the economic life cycle based on its realistic application data. An applicable term of the FITs should, especially, be equal to the economic life cycle. The revised FITs issued in 2006 were, however, derived from the incorrect formula described in the study of KERI(Korea Electrotechnology Research Institute), and consequently misestimated. The reappraisal values for FIT of new and renewable electricity were shown and interpreted in this paper. An FIT of PV more than 30 kW, for example, should be 972.86 won/kWh instead of current 677.38 won/kWh increasing 43.6%. An upward revision of other FITs for new and renewable electricities should also be required in the range of 8.6% to 47.3%.