• Proceedings of the Safety Management and Science Conference
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• 대한안전경영과학회 2007년도 추계학술대회
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• pp.493-502
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• 2007

The oil consuming country, Korea is spending amount to 220bn barrel per day. It is higher-ranked as 8th country among oil consuming country. France, Brazil, Italia, Spain have recorded GDP than it of Korea. But, the oil consuming of Korea is more than it of them. The GDP of Korea is ranked 11th country, based on 2005. But Korea is higher-ranked as 8th country among oil consuming country. The new and renewable energy as alternative of oil is first measurement. But, the supply of new and renewable energy is inactive 2.13% among total energies. The economist prospects about 1bn job creation during the ten years through new and renewable energy. The merit of new and renewable energy is capital intensive and higher valuable industry.

• Bulletin of the Korea Photovoltaic Society
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• 제3권2호
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• pp.48-54
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• 2017

Nowadays Viet Nam's energy supply which is mainly produced by fossil fuels energy such as coal, gas, and oil. However, the operation of fossil fuel power plants is one of the major causes of environmental pollution and climate change as well. It has a serious impact on the survival of human beings in general. As can be seen, the manufacturing industry is strongly invested, the demand for energy is also increasing. As traditional fossil fuels are being depleted and to minimize environmental pollution, renewable energy is the solution widely used by many countries in the world. Therefore, renewable energy has a significant role in maintaining the sustainability of world economy. Renewable energy sources such as solar energy, wind energy, biomass energy, geothermal energy can supply clean and nature-sourced energy to replace fossil fuels. Encouraging development of renewables is a general trend in the world today, which is also a common goal of COP21 commitment on global GHG reduction. The objective of this study is to assess the opportunities and challenges for renewable energy development in Vietnam, particularly for solar power. This study also discusses policies to promote the development of solar energy in Vietnam. While solar power provides ecological, economic and social benefits, it is exploited very modestly in Vietnam, where there are many barriers to slow down the development of renewable energy.

• Journal of Korea Technology Innovation Society
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• 제12권4호
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• pp.788-818
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• 2009

Renewable energy refers to solar energy, biomass energy, hydrogen energy, wind power, fuel cell, coal liquefaction and vaporization, marine energy, waste energy, and liquidity fuel made out of byproduct of geothermal heat, hydrogen and coal; it excludes energy based on coal, oil, nuclear energy and natural gas. Developed countries have recognized the importance of these energies and thus have set the mid to long term plans to develop and commercialize the technology and supported them with drastic political and financial measures. Considering the growing recognition to the field, it is necessary to analysis up-to-now achievement of the government's related projects, in the standards of type of renewable energy, management of sectional goals, and its commercialization. Korean government is chiefly following suit the USA and British policies of developing and distributing renewable energy. However, unlike Japan which is in the lead role in solar rays industry, it still lacks in state-directed support, participation of enterprises and social recognition. The research regarding renewable energy has mainly examinedthe state of supply of each technology and suitability of specific region for applying the technology. The evaluation shows that the research has been focused on supply and demand of renewable as well as general energy and solution for the enhancement of supply capacity in certain area. However, in-depth study for commercialization and the increase of capacity in industry followed by development of the technology is still inadequate. 'Cost-benefit model for each energy source' is used in analysis of technology development of renewable energy and quantitative and macro economical effects of its commercialization in order to foresee following expand in related industries and increase in added value. First, Investment on the renewable energy technology development is in direct proportion both to the product and growth, but product shows slightly higher index under the same amount of R&D investment than growth. It indicates that advance in technology greatly influences the final product, the energy growth. Moreover, while R&D investment on renewable energy product as well as the government funds included in the investment have proportionate influence on the renewable energy growth, private investment in the total amount invested has reciprocal influence. This statistic shows that research and development is mainly driven by government funds rather than private investment. Finally, while R&D investment on renewable energy growth affects proportionately, government funds and private investment shows no direct relations, which indicates that the effects of research and development on renewable energy do not affect government funds or private investment. All of the results signify that although it is important to have government policy in technology development and commercialization, private investment and active participation of enterprises are the key to the success in the industry.

• Journal of the Korea Society of Computer and Information
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• 제29권7호
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• pp.199-207
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• 2024

In this paper, we propose the mechanism of China's green financial policy on renewable energy industry development implemented in different pilot zones. By utilizing the synthetic control method, this paper examines the differences in the effect of green financial policy before and after its implementation. The results demonstrate that green financial policy can significantly reduce traditional energy consumption while promote the renewable energy industry development simultaneously. Furthermore, the effects across different regions reveal that the impacts of green financial policy are pronounced in selected pilot zones, with Shanghai and Chongqing standing out the most while Gansu province performs the worst. The analysis also figure out that green financial policy stimulates the expansion of regional financing scales, resource endowment, and technological innovation as well.

• Journal of the Korean Solar Energy Society
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• 제31권3호
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• pp.89-94
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• 2011

In this study, we measured the wind data as new and renewable energy resources and carried out the evaluation of uncertainty about these data with the authentic standards. These data collected at the 20 locations in korea. We carried out the processing and evaluation about these data with standards as ISO, GUM, and IEC. Whereby these data become standards data and the credibility are gained. These data include some information as direction, humidity, pressure, temperature, and energy density. The annual average of wind speed(in Hamo) was measured as 9.5m/s, then the uncertainty was evaluated as ${\pm}0.88m/s$. We judge the credibility of data by expression of reliability quantitatively. In additional, the standards data is able to approach anywhere and it will be used to support of related research and industry.

• Journal of Energy Engineering
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• 제25권4호
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• pp.110-123
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• 2016

Since increase in energy consumption and environmental issues started to grab global attention, various countries have had their own supporting policy to promote supply of renewable energy which is a stable and eco-friendly energy source. This study analyses Korean Renewable Portfolio Standard by comparative analysis of current policies in major countries in respect of design components of a pragmatic industrial policy system, such as political leadership, policy coordination and consultative committee discussion, and policy enforcement with responsibility and transparency. This is to identify problems and to present political suggestions for successful management of the standard based on a fundamental concept of the pragmatism industrial policy. It is predicted that the strategic cooperation between a market and a government leads to industry development as the relationships of two parties are regarded not as antagonistic but as complementary.

• The Journal of the Institute of Internet, Broadcasting and Communication
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• 제20권2호
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• pp.271-276
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• 2020

In terms of supply of manpower in the energy industry, domestic universities cannot realistically operate flexibly to meet manpower demand in accordance with various regulations related to the department, and there are only a few independent energy related departments. There are many difficulties in closure, increase and decrease of capacity, and foster convergence. In addition to the limited aspects of human resource development of universities, changes in the energy paradigm, namely: 1) changes in the energy industry from stable supply and energy security to new growth engines and export industries, 2) Revitalization of the energy industry, 3) including diversification of energy sources and the spread of new technologies. Therefore, in this paper, we propose a training program for nurturing new renewable energy specialists to independently develop various high-quality human resources such as intangible and convergent human resources in line with changes in the energy paradigm.

• Journal of the Korean Solar Energy Society
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• 제32권5호
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• pp.18-24
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• 2012

This study is to propose the quantitative methods instead of total results on New & Renewable energy R&D investments. To do that, this study used KETEP R&D investment profile, National R&D investment profile, and ISTANS industrial census results. From the analysis, this study firstly showed that the R&D investment on New&Renewable energy is higher than that of other industrial parts. And the investment increase ratio on New&Renewable energy is also very higher during past 10 years. And finally showed that the ripple effects(relatively the employee number, the amount of sales, and the amount of export) of the focus energy group including feul cell, photovoltaic, and wind power was higher than those of general manufacturing industry. This approach was firstly conducted using the poor census results, so other analysis methods will be developed and performed to exact;y show the investment ripple effect.

• Current Photovoltaic Research
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• 제11권4호
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• pp.124-133
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• 2023

In order to deploy the large-scale energy storage (ES) service in the various industry, it is very important to develop a business model with high technological and economic feasibility through detailed valuation of cost and expected benefits. In relation to this, this paper established an optimal scheduling plan for electric vehicle charging stations connected with photovoltaic (PV) and ES technologies in Korea using the distributed energy resource valuation tool and analyzed the feasibility of the project. In addition, the impact of incentives such as REC (Renewable Energy Certificate) to be given to electric vehicle charging stations in accordance with the relevant laws to be revised in the future was analyzed. As a results, the methodology presented in this paper are expected to be used in various ways to analyze the feasibility of various business models linked to renewable energy and ES technologies as well as the electric vehicle market.

• Journal of Korean Institute of Industrial Engineers
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• 제40권2호
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• pp.195-204
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• 2014

The transition from fossil to renewable energy is inevitable due to fossil depletion. So, Renewable energy is very important for energy security and economic growth although it's R&D is long-term and high risky project. We propose new valuation method which combined system dynamics and compound real option method for long-term and high risk projects such as renewable energy. This method can show dynamic valuation results for the complex causal interaction and be easy for Monte-Carlo simulation to estimate volatility. And it can reflect the value of flexible decision for uncertainty. We applied the empirical analysis for Korea's photovoltaic industry by using this method. As results by empirical analysis, photovoltaic's R&D has high valuation using this method compared by traditional valuation methods such as DCF.