The Economic Viability of Renewable Portfolio Standard Support for Offshore Wind Farm Projects in Korea

被引：8

作者：

Min, Chang-Gi ^{[1
]}

Park, Jong Keun ^{[1
]}

Hur, Don ^{[2
]}

Kim, Mun-Kyeom ^{[3
]}

机构：

[1] Seoul Natl Univ, Dept Elect & Comp Engn, Seoul 151744, South Korea

[2] Kwangwoon Univ, Dept Elect Engn, Seoul 139701, South Korea

[3] Chung Ang Univ, Seoul 156756, South Korea

来源：

ENERGIES | 2015年 / 8卷 / 09期

基金：

新加坡国家研究基金会;

关键词：

economic viability; offshore wind farm; renewable energy resources; renewable portfolio standard; support schemes; POWER; IMPACT; POLICY; GENERATION; SIMULATION; EFFICIENCY; ENERGY;

D O I：

10.3390/en8099731

中图分类号：

TE [石油、天然气工业]; TK [能源与动力工程];

学科分类号：

0807 ; 0820 ;

摘要：

Offshore wind farm (WF) projects have been promoted by support schemes as part of the expansion of renewable energy resources in Korea. This paper examines in detail how the Renewable Portfolio Standard (RPS), which was adopted post the Feed-in-Tariff scheme in 2012, has had a profound impact on the economic benefits of offshore WFs in Korea. A framework for analyzing the economic viability of RPS is presented and applied to the sixth basic plan for long-term electricity supply and demand in Korea. The electricity market price is forecast using a reformulated probabilistic production cost (PPC) model, and the renewable energy certificate (REC) price is calculated using its determination rule. The results show that the existing RPS will be ineffective in increasing the penetration of offshore WFs in Korea; however, they also indicate that the economic viability of offshore WFs could be improved by adjusting the existing RPS.

引用

页码：9731 / 9750

页数：20

共 40 条

[1] Electricity price forecasting in deregulated markets: A review and evaluation [J].

Aggarwal, Sanjeev Kumar ;

Saini, Lalit Mohan ;

Kumar, Ashwani .

INTERNATIONAL JOURNAL OF ELECTRICAL POWER & ENERGY SYSTEMS, 2009, 31 (01) :13-22

[2] Economic evaluation of offshore wind farm in Korea [J].

Min, Chang-Gi ;

Hur, Don ;

Park, Jong Keun .

Transactions of the Korean Institute of Electrical Engineers, 2014, 63 (09) :1192-1198

[3] Renewable energy in eastern Asia: Renewable energy policy review and comparative SWOT analysis for promoting renewable energy in Japan, South Korea, and Taiwan [J].

Chen, Wei-Ming ;

Kim, Hana ;

Yamaguchi, Hideka .

ENERGY POLICY, 2014, 74 :319-329

[4]

Cost Estimation Committee, 2008, TECHN DAT DISP GEN

[5] High penetration wind generation impacts on spot prices in the Australian national electricity market [J].

Cutler, Nicholas J. ;

Boerema, Nicholas D. ;

MacGill, Iain F. ;

Outhred, Hugh R. .

ENERGY POLICY, 2011, 39 (10) :5939-5949

[6]

Ercan P., 2012, MODEL LONG TERM ELEC

[7]

Fingersh L., 2006, Wind turbine design cost and scaling model

[8] Solar cell efficiency tables (version 39) [J].

Green, Martin A. ;

Emery, Keith ;

Hishikawa, Yoshihiro ;

Warta, Wilhelm ;

Dunlop, Ewan D. .

PROGRESS IN PHOTOVOLTAICS, 2012, 20 (01) :12-20

[9]

Hwang S., 2012, P 43 KIEE SUMM ANN C, P352

[10]

Jonkman J., 2009, DEFINITION 5 MW REFE, DOI DOI 10.2172/947422

← 1 2 3 4 →