• Current Photovoltaic Research
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• v.10 no.4
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• pp.121-132
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• 2022

The need for floating photovoltaic is being emphasized to expand renewable energy but low residents' acceptance is a major obstacle to the deployment of floating photovoltaic. Using the discrete choice experiment, this study analyzed the preferences for community-based floating photovoltaic projects and proposed a method to increase the residents' acceptance of floating photovoltaic projects. The estimates of the marginal willingness to accept (MWTA) of the distance, the coverage ratio, the landscape, the project owner (public institution), and the project owner (large company) are -0.69%p/km, 0.13%p/%p, -0.57%p, -2.95%p, -1.73%p, respectively. According to the result of simulation analysis, the residents' acceptance is significantly higher when the project is operated by a public institution, with a choice probability of 58%, than when the project is operated by a private company, with a choice probability of 29%, 12% for a large and small company, respectively. In addition, as a result of the analysis of the expected returns, the results show that the closer the distance from the residence to the power plant, the higher the expected return.

• Korean Journal of Construction Engineering and Management
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• v.22 no.1
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• pp.90-97
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• 2021

Saemangeum Development is the largest national project in South Korea, which has been developed for an agricultural, economic and tourist area for 30 years from 1987. In order to convert power sources that used to depend on nuclear and thermal power to eco-friendly for carbon reduction, the government plans to construct a 2.1GW floating photovoltaic project by investing 4.6 trillion won, as a public-private project. For success of the Saemangeum floating photovoltaic project, economic feasibility should be checked. This study defined the factors (construction cost, electricity selling price, power generation and maintenance cost) that give a effect to the volatility of the floating photovoltaic payoffs, and analyzed the volatility of payoffs during 20 years operation period. NPV and option value of the project were calculated by applying an option to abandon. According to NPV analysis, it is determined that projects are difficult to invest. But this project has economic feasibility through real options analysis. This study is expected to help decision-makers in the economic analysis of floating photovoltaic projects by using the real options analysis.

• Current Photovoltaic Research
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• v.8 no.3
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• pp.79-85
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• 2020

The growing demand for new energy infrastructure has often been encountered with the difficulties of siting in power plants and electric transmission lines. Siting such large-scale and complex facilities produces so many-sided issues that it is highly necessary to develop an approach to resolving the related problems and conflicts. This paper introduces how the stakeholders have handled the issues and resolved conflicts with residents opposed the construction of 765 kV transmission line. The solar photovoltaic power generation, called "Hee-Mang Sunlight Power project", is used for persuading residents to agree with constructing high-voltage transmission line and sharing benefits. It is considered how the project performance such as generation output and resident's profits is and proposed what the project should be revised and supplement. The project is shown that the intractable spiting in energy systems can be smartly resolved with cost-effective institutional solutions instead of relatively expensive technical ones.

• Proceedings of the KIEE Conference
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• 2000.07c
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• pp.1506-1509
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• 2000

The Korean National Photovoltaic Project was initiated in October 1989 to develop technologies for the generation of economically competitive electric power by photovoltaic systems. It consists of four stages through the year 2006 with technical goals and cost targets related with solar cells, balance of systems and system application. The objectives of the project are to utilize photovoltaic technology, to transfer developed technology to industries and end users by research activities and to diffuse photovoltaic systems by demonstration projects. This paper reviews long-term plan abd status of technology R&D, and markets of photovoltaics. Some activities designed to promote collaboration with foreign countries are also introduced.

• 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.

• International Journal of High-Rise Buildings
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• v.6 no.4
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• pp.307-313
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• 2017

This paper outlines the processes and strategies studied and selected by the team during the design stages of the project for the incorporation of BIPV into the tower's façade. The goal was to create a system that helps reduce internal heating and cooling loads while collecting energy through photovoltaic panels located throughout the building. The process used to develop this façade system can be broken down into three stages. 1. Concept: BIPV as design catalyst for a high-rise building. 2. Optimization: Balancing BIPV and Human comfort. 3. Integration: Incorporating BIPV into a custom curtain wall design. The FKI Project clearly illustrates the evolution building enclosures from simple wall systems to high performance integrated architectural and engineering design solutions. This design process and execution of this project represent the design philosophy of our firm.

• Journal of the Korean Solar Energy Society
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• v.28 no.6
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• pp.87-92
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• 2008

Buildings are responsible for approximately 50% of current carbon dioxide emissions. Energy planning at a town and city scale needs a strategic approach, supported by strong planning policies. The purpose of this study was to investigate the urban scale grid-connected photovoltaic(PV) system for urban residential and commercial sector applications. The integration of PV technology into roof of houses is an approach that is being championed in Germany, Japan and United states etc. In the Korea, PV roofing systems already are given the large number of houses which are projected to be built by 2012. However unlike germany and Japan, urban scale grid-connected PV system is not yet installed. The solar city which is installed building-integrated photovoltaic system is available to use of renewable energy sources such as solar to meet demand, instead of fossil fuels, with the goal of realizing an ecologically oriented energy supply.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.66 no.10
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• pp.1532-1539
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• 2017

The floating photovoltaic system is a new concept in the renewable energy technology. That is similar to land based photovoltaic technology except floating system. So the system needs buoyant objects, mooring, ect, besides modules and supports, and that is able to withstand in water level changes and wind strength. Therefore the floating photovoltaic system is much different from land photovoltaic system. K-water (Korea Water Resources Corporation) has been operating two floating photovoltaic system that's capacity is 100 kW and 500 kW respectively since in summer 2011 for commercial generation, and have construction project for 2,000 kW in Boryeong multipurpose Dam and other areas. Furthermore K-water was developing a tracking-type floating photovoltaic system at Daecheong multipurpose Dam and developed and installed an ocean floating photovoltaic demonstration plant at Sihwa Lake in October 2013 for R&D. In this paper, we introduce that structure of floating photovoltaic system include buoyant structure, mooring system and auxiliary device. Especially the rope which is in part of mooring should be always maintain tension under any water level. Also we explain about structure design concept to wind load in an every loading condition and a kind of structure materials and PV structure types used in water environment. Especially ocean floating PV system is affected by tidal current and typhoon. So there are considering the elements in design. Finally we compare with floating and land photovoltaic on power amount. As a result of that we verified the floating photovoltaic system is more about 6.6~14.2 % efficiency than a general land photovoltaic system.

• Journal of the Korean Solar Energy Society
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• v.27 no.2
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• pp.87-93
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• 2007

The demand for solar electric power systems, namely, photovoltaic system has grown steadily in our country over the last 10 years. However, the main obstacle against using photovoltaic system is the financial viability especially concerned with initial cost. The other factors affecting the economic viability of photovoltaic system are cost of electric energy, amount of electric energy produced by the photovoltaic system, discount rate, energy cost escalation rate, inflation rate, project life, and so on. Therefore, this thesis studies on the effect of various relating factors on economic evaluation of photovoltaic system in residential building by calculating payback period.

• Journal of Integrative Natural Science
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• v.15 no.2
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• pp.89-97
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• 2022

This paper presents the comprehensive feasibility study of solar mini-grid project located in Bajhang District, Sudur Paschim Province, Nepal. The study has been conducted with the aim of developing a suitable size solar mini-grid system to meet electricity demand of proposed settlements of the village people. The study forecasts that the estimated average daily peak power consumption of load is about 20kW and average daily energy demand of load is about 100-150kWh/day in the base year 2022. The shared ratio of productive end uses is about 25% of the total power consumption and about 27% of the total energy demand, which will be used for small business/income generation activities and required 45kWp size solar power generation mini-grid system. The estimated project cost for the proposed 45kW solar mini-grid system technology, including 3 years of operation & maintenance, as well as power distribution network up to end user's premises is about 0.24 million USD. It is concluded that 45kWp photovoltaic mini-grid is feasible for the location.