• Title/Summary/Keyword: Energy portfolio

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Portfolio matrix analysis for the improvement of R&D productivity in the energy technology sector (에너지기술의 R&D 생산성 제고를 위한 포트폴리오 매트릭스 분석)

  • Park, Nyun-Bae;Kim, Kyung Taek;Park, Sangyong;Choi, Sang-jin;Hong, Jong-chul
    • Journal of Energy Engineering
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    • v.29 no.3
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    • pp.1-6
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    • 2020
  • A portfolio matrix analysis was conducted to improve R&D productivity of the government-funded R&D projects in the energy sector. 27 projects (42 detailed technologies) in 2018 were evaluated on a 5-point scale in terms of availability and technology competitiveness, and portfolio matrix analysis was conducted twice. The results of the portfolio matrix analysis could provide the landscape of on-going R&D projects at a time and could be utilized as feedback data to establish development strategies for individual projects, while establishing differentiated management directions to improve R&D productivity in each of the four areas of the portfolio matrix.

Conditions to Introduce the Renewable Portfolio Standards in Korea ($\cdot$재생에너지 의무비율할당제(Renewable Portfolio Standards) 국내도입시 고려사항에 관한 연구)

  • Chang, Han-Soo;Choi, Ki-Ryun;Kim, Su-Duk
    • Journal of Energy Engineering
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    • v.14 no.2 s.42
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    • pp.82-97
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    • 2005
  • RPS (Renewable Portfolio Standards) is a policy tool to disseminate renewable energies through market mechanism. RPS promotes renewable power generation by obligating electricity market participants to deliver the required amount of electricity from renewable energies. To promote and encourage renewable energies, Korean government is considering to introduce RPS to domestic market in the near future. The purpose of this paper is to analyze the definition and market mechanism of RPS and to review key considerations in its design. In conclusion, we recommend some prerequisite in its introduction to Korea.

ESCO 마케팅에 도움을 주는 EPA 소프트웨어를 아십니까?

  • Giligan Donald;Serota Scott
    • The Magazine for Energy Service Companies
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    • s.28
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    • pp.54-59
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    • 2004
  • Portfolio Manager는 미국 환경보호국(EPA)에서 만든 무료 소프트웨어 시스템으로 ESCO에게 매우 유용한 것으로 이미 입증되었다. Portfolio Manager 및 관련 제품은 ESCO가 일반적으로 겪게 되는 사업상의 문제를 해결할 수 있도록 설계되었다.

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The Policy Impact of Renewable Energy Subsidies on Solar PV: The Case of Renewable Portfolio Standard in Korea (국내 태양광 발전 보조금 제도의 정책 효과: 공급의무화제도 사례를 중심으로)

  • Kwon, Tae-Hyeong
    • Journal of the Korean Solar Energy Society
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    • v.37 no.1
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    • pp.59-69
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    • 2017
  • In 2012, Korea introduced a Renewable Portfolio Standard (RPS) scheme, replacing the Feed-in Tariff (FIT) scheme as a market support policy of renewable energy in the electricity market. RPS is to allocate obligatory quota of renewable energy sources for electricity suppliers, whereas FIT is to guarantee high prices for electricity from renewable energy sources. This study examines the effect of this policy change on solar photovoltaic market. According to the study, solar PV market grew fast under FIT as well as under RPS. However, under RPS the size of subsidy for solar PV suppliers was shrunk substantially. In addition, market risk increased severly under RPS due to the volatility of price of renewable energy certificate (REC) as well as of the electricity market price. The small and medium suppliers of solar PV were suffered the most severly from these policy effects. Therefore, the policy reform of RPS is needed to alleviate the market risk of small and medium suppliers of solar PV.

Process of Cost Estimation in Feasibility Analysis Considering ratio of Renewable Portfolio Standard (신·재생에너지 공급의무화제도(RPS) 비율을 고려한 타당성 분석의 공사비 산정 프로세스)

  • Yang, Hyun-Ju;Kim, Jong-Hyeob;Han, Sangwon;Hyun, Chang-Taek
    • 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.

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Analysis of the Economic and Environmental Effects of Renewable Portfolio Standards with DECADES

  • Rbo Jae-Hyung;Chung Koo-Hyung;Kim Balho H.
    • KIEE International Transactions on Power Engineering
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    • v.5A no.1
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    • pp.70-78
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    • 2005
  • This paper analyzes the environmental impact and economic effect of introducing the Renewable Portfolio Standard (RPS) into the Korean electricity market using the DECADES (Database and Methodologies for Comparative Assessment of Different Energy Sources for Electricity Generation) model, a comparative assessment tool developed by IAEA. A bottom up approach is adopted for the evaluation of air pollutant emission and its impact of several RPS scenarios. The environmental damage costs of RPS scenarios are evaluated based on the Extern-E results and the Thailand externality study carried out by EGAT. The results of this study can be applied in determining or analyzing the national electricity policy and energy policy.

Research on the Issues and Policy Instruments for Policy Portfolio of Wind Power Industry (풍력에너지 정책 포트폴리오 구상을 위한 수단과 쟁점사항 고찰)

  • Lee, Dongjun;Shin, Youngeun;Yoo, Kyungjin;Heo, Eunnyeong
    • 한국신재생에너지학회:학술대회논문집
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    • 2011.11a
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    • pp.150.2-150.2
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    • 2011
  • 본 연구에서는 풍력에너지 보급을 위한 신재생에너지정책의 포트폴리오의 구성이라는 최종 목적 하에 먼저 적용 가능 수단 및 주요 쟁점사항에 대하여 고찰해 보았다. 먼저 FIT(Feed in Tariff)와 RPS(Renewable Energy Portfolio) 등 대표적인 신재생에너지 보급 정책들과 선진국 사례들을 중심으로 적용 가능한 그 외의 정책에 대하여 검토해보았다. 또한 이러한 정책을 시행하였을 때 성공여부에 영향을 미칠 수 있는 국내 주요 정책 변수에 대하여 조사해 보고, 향후 예상되는 국내 산업환경변화를 고려하여 장기적 전략수립을 위한 기초 연구를 수행하고자 하였다. 특히 이 과정에서 신재생에너지산업정책에서 공통된 주요 이슈들과 블레이드의 대형화나 해상풍력발전 등 풍력산업에서 차별화되어 나타나는 이슈에 대하여 검토하고 이러한 이슈들을 정책 포트폴리오 구성에 충분히 반영할 수 있도록 함으로써 현실과 동떨어진 정책연구가 되지 않도록 노력하였다. 이러한 연구는 신재생에너지 강국으로 도약하기 위하여 태양광과 풍력산업을 중심으로 다양한 발전전략을 세우고 있는 우리나라에서 풍력발전산업의 활성화를 위한 장기전략 수립에 기여할 수 있는 정책적 함의를 제공할 수 있을 것이다.

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Energy Technology Perspective of Transportation for CO2 Reduction Based on ETP 2014 (ETP 2014에 기초한 이산화탄소 저감을 위한 수송 부문 에너지 기술 전망)

  • Bae, Choongsik;Park, Hyunwook
    • 한국연소학회:학술대회논문집
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    • 2014.11a
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    • pp.277-280
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    • 2014
  • Global energy demand has continued to rise due to population increase and economic development. National governments and international bodies try to seek the ways to reduce the demand growth. Energy Technology Perspectives (ETP) have provided the current status of energy system, technology developments and external events that have changed ETP scenario since 2006. The status and prospects for key energy technologies of transport sector are presented. Technology portfolio for the transport sector should be needed to meet very low CO2 targets. The portfolio includes improved fuel economy of current internal combustion engine vehicles, advanced technologies such as electric and fuel-cell vehicles, advanced biofuels and demand-side management.

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A Study of the Long-term Fuel Mix with the Introduction of Renewable Portfolio Standard (RPS(Renewable Portflio Standard) 제도 도입에 따른 국내 장기 전원구성 변화에 관한 연구)

  • Lee, Jeong-In;Han, Seok-Man;Kim, Bal-Ho H.
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.58 no.3
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    • pp.467-477
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    • 2009
  • Renewable Portfolio Standard (RPS) is a regulatory policy that requires the generation companies to increase the proportion of renewable energy sources such as wind, solar, LFG, fuel cell, and small hydro. Recently, Korean government decided to increase the portion of renewable energy to 3% to total electricity generation by 2012 from the current level of 0.13%. To achieve this goal, an innovative plan for market competitiveness would be required in addition to the present Feed-In-Tariff (FIT). That is Korean government has taken it into consideration to introduce a Renewable Portfolio Standard (RPS) as an alternative to FIT. This paper reviews the impact of RPS on the long-term fuel mix in 2020. The studies have been carried out with the GATE-PRO (Generation And Transmission Expansion PROgram) program, a mixed-integer non-linear program developed by Hongik university and Korea Energy Economics Institute. Detailed studies on long-term fuel mix in Korea have been carried out with four RPS scenarios of 3%, 5%, 10% and 20%. The important findings and comments on the results are given to provide an insight on future regulatory policies.

A Study on the Change in Production Costs and Electricity Tariffs with the Introduction of Renewable Portfolio Standard (RPS(Renewable Portfolio Standard) 제도 도입을 고려한 전기요금변화에 관한 연구)

  • Hong, Hee-Jung;Han, Soek-Man;Kim, Bal-Ho
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.58 no.4
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    • pp.708-717
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    • 2009
  • Recently, Korea government decided to introduce RPS (Renewable Portfolio Standard) mechanism which requires electricity providers to gradually increase the amount of renewable energy sources such as wind, solar, bioenergy, and geothermal. As a consequence, it is expected that the long-term fuel mix would be changed to result in more expensive production and the increased production costs would be distributed to the rate payers via electricity tariffs. This paper presents the change in long-term fuel mix in year 2020 with the four RPS scenarios of 3%, 5%, 10% and 20%, and the methodologies for collecting the increased production costs through new tariff schedule. The studies on long-term fuel mix have been carried out with the GATE-PRO (Generation And Transmission Expansion Program) optimization package, a mixed-integer program developed by the Korea Energy Economics Institute and Hongik university. Three methodologies for distributing the production costs to the rate payers have also been demonstrated.