• Proceedings of the KIEE Conference
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• 2005.07b
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• pp.1725-1727
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• 2005

Korea Water Resource Corporation is planning the active application on the New-Renewable energy enterprise at Si-Wha region which is located in Kyonggi-Do, builded up as the national policy enterprise and also currently carrying out a tidal electric power station construction. This research is considered of geography circumstance of the region. We are to analyze a wind power resources application feasibility in the side of economical efficiency and see simultaneously application of the wind power system also.

• Applied Chemistry for Engineering
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• v.27 no.1
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• pp.10-15
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• 2016

In this new energy economy era, the importance of renewable energy resource needs to be highly addressed, as the demand of energy dramatically increases and fossil fuel is being exhausted. Lignocellulosic biomass is considered as the sustainable and renewable feedstock to produce biochemicals and biofuels that are the alternative for petroleum derived products. Furfural is a natural precursor for the range of furan based chemicals and solvents such as methylfuran, tetrahydrofuran, methyltetrahydrofuran, ethyltetrahydrofuryl ether, ethyl levulinate, levulinic acid, and alkanes. Thus, furfural should be a renewable platform chemical for biochemicals and renewable biofuels. In this paper, the concept of biorefinery, furfural production and its applications are briefly reviewed.

• New & Renewable Energy
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• v.9 no.1
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• pp.12-16
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• 2013

The nacelle anemometer mounted behind the blade roots of a wind turbine measures distorted wind speed comparable with free-stream wind because of the wake effects caused dependent upon the operation of the wind turbine and the rotation of its blades. The field campaign was carried out to measure free-stream wind speed at a height identical to the height of the nacelle anemometer by deploying a ground-based remote-sensing equipment, LIDAR. It is derived that a third-order polynomial equation for correcting wind speed measured by the nacelle anemometer to undistorted free-stream wind speed incident to a wind turbine. It is anticipated that the derived correction equation enables wind speed measured by the nacelle anemometer to be used as a precise input for a wind turbine performance test and for developing an active control logic.

• 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.

• Current Photovoltaic Research
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• v.11 no.4
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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 the Korean Society of Environmental Restoration Technology
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• v.17 no.4
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• pp.17-27
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• 2014

Wind power which is one of renewable energies is higher economical efficiency and technical maturity than other renewable energies. Recently, the government of ROK announced to increase the proportion of renewable energy through the National Energy Plan. Also, industry required to deregulate for large-scale wind power as Renewable Portfolio Standard (RPS) is introduced. Wind power whereas the eco-friendly energy, is a serious level of damage of the natural environment and topography when the wind power is located. Therefore, the study selected the indicators required for site selection of wind power and proposed the feasible area for wind power based on wind resource map. We selected the 15 indicators including 12 legal protected area, Ecology and Nature Map, rarity, and connectivity (National Ecological Network). After site selection, we should be considered slope and altitude at the stage of design for wind farm to mitigate the environmental impact. Results of analysis showed that 22.3% of wind resource map is available to locate wind power in real. Through the field survey we had verified the accuracy of the results was significantly correct.

• Environmental and Resource Economics Review
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• v.23 no.1
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• pp.67-89
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• 2014

This paper uses patent data of OECD countries in order to investigate if there is converging tendency in renewable energy area. We used the concepts of sigma convergence and beta convergence to measure the convergence. GINI coefficient, HH index are also borrowed from other area of economics. The results show that technology level does not seem to have been converging in this area. Even though the number of patent in relatively less advanced countries has been increased a lot, we could find no evidence that there is the tendency that the gap among the countries have been narrowed. This is quite different from the results of IT industry or other industry since we could find the converging tendency in the data of those industries. Instead, it seems that there is the convergence club among most advance countries in renewable energy area.

• Environmental and Resource Economics Review
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• v.15 no.4
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• pp.693-712
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• 2006

A pre-feasibility test is done for renewable energy hybrid power systems at off~grid islands in which the current power supply is provided only by diesel generation. We apply Homer (Hybrid Optimization Model for Electric Renewables) which was developed by the National Renewable Energy Laboratory (NREL) for the analysis to identify the cost-minimizing combination of power generating facilities for the given load profiles. Chuja-Do, Geomun-Do and Youngsan-Do have been selected for our analysis considering the wind resources data of the Korea Institute of Energy Research (KIER). Information on wind speed, solar radiation and temperature is also used for the analysis. System component cost information from overseas market has been used due to the lack of domestic information. Site specific Load profile for electricity demand for those islands are reconstructed based on the partial survey results obtained form other sources. The LCOE of the least cost hybrid power systems for Chuja-Do, Geomun-Do and Youngsan-Do are $0.278/kWh, $0.234/kWh and $0.353/kWh, respectively Considering the fact that diesel generation is being subsidized at the price of $0.300/kWh by the government, first 2 cases are economically feasible for the introduction of renewable energy hybrid systems to those islands. But the third case of Youngsan-Do does not meet the criteria. The basic differences of these pre-feasibility test results are from the differences of the site specific renewable energy conditions, especially wind resources. In summary, promoting hybrid systems in the off-grid remote island should be based on the economic feasibility test results. Not all the off-grid islands are feasible for introducing this renewable energy hybrid system.

• Environmental and Resource Economics Review
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• v.22 no.1
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• pp.99-125
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• 2013

Renewable energy industry not only has a promising future but also has more risk than conventional energy industry because of its characteristics. Therefore, in this study, an analysis of domestic renewable energy company risk has been performed. The risk of domestic wind and photovoltaic energy companies has been analyzed by using time varying beta model. The model has been constructed based on risk factors like firm size, firm diversification index, domestic installation, and so on. The principal result of analysis can be summarized as follows. First, risk factors affect domestic renewable energy companies have been discovered. Variables like firm size, growth rate of debt ratio, firm diversification index are statistically significant. I found that large firms are less riskier than small firms. It is also confirmed that companies with high diversification index and high debt ratio have high risk. Second, I got the result that policy factors like domestic renewable energy installation and government R&D expenditure could decrease risk of domestic renewable energy company. Third, relative sensitivity of each risk factor have been discovered. The effect of each variable gets bigger in this order: growth rate of domestic installation, firm size or diversification index, growth rate of debt ratio, growth rate of government R&D expenditure.

• Journal of Electrical Engineering and Technology
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• v.9 no.2
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• pp.433-440
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• 2014

In this study, a method for the low-carbon active distribution system (ADS) planning is proposed. It takes into account the impacts of both network capacity and demand correlation to the renewable energy accommodation, and incorporates demand response (DR) as an available resource in the ADS planning. The problem is formulated as a mixed integer nonlinear programming model, whereby the optimal allocation of renewable energy sources and the design of DR contract (i.e. payment incentives and default penalties) are determined simultaneously, in order to achieve the minimization of total cost and $CO_2$ emissions subjected to the system constraints. The uncertainties that involved are also considered by using the scenario synthesis method with the improved Taguchi's orthogonal array testing for reducing information redundancy. A novel cuckoo search (CS) is applied for the planning optimization. The case study results confirm the effectiveness and superiority of the proposed method.