화학공학소재연구정보센터
홈 로그인 로그아웃 연락처 사이트맵
Korean Journal of Chemical Engineering, Vol.38, No.12, 2397-2405, December, 2021
DOI10.1007/s11814-021-0883-4  Export Citation
Cost and robustness analysis of the Korean government’s renewable energy plan under varying scenarios
Namjin Jang, Wonjun Kim1, Dongchan Lee1, Geol Yoon1, Jiho Yang1, Ian Cho1, Hyelynn Jeon1, and Jamin Koo1, †
  • Hanwha Solutions, Daejeon 34128, Korea
  • 1Department of Chemical Engineering, Hongik University, Seoul 04066, Korea
E-mail:
In the ongoing global warming era, increasing the share of renewable energy systems (RES) in the energy portfolio has been a goal for many governments around the world. South Korea is not an exception and has employed numerous policy measures to promote adoption of RES. The latest renewable energy plan is one of those measures in which the target shares of RES are set for the coming decade. This study proposes a revised, more comprehensive mathematical model for assessing the total costs associated with installment, operation, and disintegration of RES. The proposed model is applied to examine the Korean government…s latest plan in terms of the four major RES: solar PV, wind power, biomass energy, and fuel cell power. Sensitivity analysis was conducted to evaluate robustness of the plan with respect to changes in the price of fuels and CO2 emission. The results illustrate the contribution of various types of costs for implementing the plan and provide insight on numerous issues, including key areas of research for minimizing the costs.
Keywords:Wind Power;Solar Photovoltaics;Bioenergy;Fuel Cells;Renewable Energy
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