Competitiveness of open-cycle gas turbine and its potential in the future Korean electricity market with high renewable energy mix

Energy Policy ◽  
2019 ◽  
Vol 129 ◽  
pp. 1056-1069 ◽  
Author(s):  
Eun-Hwan Kim ◽  
Yong-Gi Park ◽  
Jae Hyung Roh
Energies ◽  
2021 ◽  
Vol 14 (7) ◽  
pp. 1796
Author(s):  
Marta Mańkowska ◽  
Michał Pluciński ◽  
Izabela Kotowska

One of the tools to attain the goal of climate-neutrality by 2050 by the European Union is increasing the share of renewable energy sources (RESs) in the energy mix of member states. A major part of the future bioenergy mix is to be played by biomass. As many hazards have been pointed out when using forest biomass, particular attention is paid to the potential of agro biomass. However, as agro biomass is sourced mostly locally, the supply may not be sufficient to meet the growing demand. Therefore, international trade (including overseas) might become increasingly important to meet the EU renewable energy targets. In this context, it is seaports that may play a major part in developing biomass supply chains. The main purpose of the article is to fill the research gap by identifying the pros and cons for the development of biomass sea-based supply chains through secondary ports and specifying their relevance from the perspective of major stakeholders in the context of decarbonization processes. The supplementary purpose of the study was the verification of the environmental sustainability of biomass sea-based supply chains through secondary ports versus land transport (carbon footprint). This study applied the single case study method (the case of the secondary port in Szczecin). The case study strategy involved qualitative and quantitative research techniques. Our research study showed that (1) overseas agro biomass (wastes and residues) may become a significant tool in the process of decarbonization of economies that are heavily reliant on coal as a transition fuel and as a stable RES in the structure of the future energy mix; and (2) biomass sea-based supply chains may be an attractive alternative for secondary ports affected by negative outcomes of decarbonization. However, a dedicated biomass terminal would make the secondary ports more attractive for this type of cargo. A biomass terminal may provide sufficient port service efficiency and enable harmonization of deliveries. Additionally, the carbon footprint analysis performed in this study has shown that biomass sea-based supply chains generate lower CO2 emissions than alternative land deliveries.


2021 ◽  
Vol 23 (1) ◽  
pp. 22-28
Author(s):  
Đorđe Lazović ◽  
◽  
Kristina Džodić ◽  
Željko Đurišić

The future of European energy is moving towards a single European electricity market and an increasing share of renewables in the overall production mix. After the expiration of governmental incentive measures, power plants based on renewable energy sources will enter the liberalized market, where electricity prices will largely depend on the production of renewable energy sources. In order to achieve the maximum possible profit of the power plant under such conditions, it is necessary to consider the possibility of investing in solutions that are less represented today, but with the prospect of being more profitable in the future. Such a solution is a solar power plant consisting of vertically placed bifacial modules whose active surfaces are oriented in the east-west direction. This configuration of the power plant can achieve higher production in periods of high prices, and thus higher profits from the sale of electricity. On the other hand, such a solution is more expensive than a standard solar power plant with monofacial modules. In this paper, a comparison of return on investment in a bifacial power plant and a monofacial power plant with existing and prospective market conditions is performed. PVsyst software was used to analyze the solar potential and production profiles of photovoltaic power plants. The influence of solar power plant production on the price of electricity was investigated on the example of Germany. Based on this research, a prognostic model of the daily price diagram on the unified European market until 2040 was formed which served for the analysis of the profitability of investments in the two considered variants of the solar power plant realization.


Energies ◽  
2021 ◽  
Vol 14 (13) ◽  
pp. 3860
Author(s):  
Priyanka Shinde ◽  
Ioannis Boukas ◽  
David Radu ◽  
Miguel Manuel de Manuel de Villena ◽  
Mikael Amelin

In recent years, the vast penetration of renewable energy sources has introduced a large degree of uncertainty into the power system, thus leading to increased trading activity in the continuous intra-day electricity market. In this paper, we propose an agent-based modeling framework to analyze the behavior and the interactions between renewable energy sources, consumers and thermal power plants in the European Continuous Intra-day (CID) market. Additionally, we propose a novel adaptive trading strategy that can be used by the agents that participate in CID market. The agents learn how to adapt their behavior according to the arrival of new information and how to react to changing market conditions by updating their willingness to trade. A comparative analysis was performed to study the behavior of agents when they adopt the proposed strategy as opposed to other benchmark strategies. The effects of unexpected outages and information asymmetry on the market evolution and the market liquidity were also investigated.


Energies ◽  
2021 ◽  
Vol 14 (13) ◽  
pp. 3922
Author(s):  
Bernadette Fina ◽  
Hubert Fechner

The Renewable Energy Directive and the Electricity Market Directive, both parts of the Clean Energy for all Europeans Package (issued in 2019), provide supranational rules for renewable energy communities and citizen energy communities. Since national transpositions need to be completed within two years, Austria has already drafted corresponding legislation. This article aims at providing a detailed comparison of the European guidelines and the transposition into Austrian law. The comparison not only shows how, and to what extent, the European guidelines are transposed into Austrian law, but also helps to identify loopholes and barriers. The subsequent discussion of these issues as well as positive aspects of the Austrian transposition may be advantageous for legislators and policy makers worldwide in their process of designing a coherent regulatory framework. It is concluded that experts from different areas (i.e., project developers, scientists concerned with energy communities, energy suppliers and grid operators) should be closely involved in the law-making process in order to introduce different perspectives so that a consistent and supportive regulatory framework for energy communities is created.


2020 ◽  
pp. 0958305X2094998
Author(s):  
Chun Chih Chen

Taiwan intends to be nuclear free by 2025. This study employs the Lotka–Volterra competition model for sustainable development to analyze the emissions–energy–economy (3Es) issue to make appropriate policy suggestions for a nuclear-free transition. It also offers a new approach to naming the 3E relationship. The literature review shows that the environmental Kuznets curve accompanies the feedback and conservation hypotheses. In the 3E dynamics relationship analysis, the model shows a good mean absolute percentage error (<15%) for the model estimation. The key findings are as follows: 1) the fossil fuel-led economy exists; 2) CO2 emissions are reduced with nuclear energy consumption; 3) renewable energy is far from scale; 4) a complementary effect exists between fossil fuel and nuclear energy consumption; and 5) gas retrofitting and phasing out of nuclear seem imminent. In the energy transition, Taiwan drastically cuts nuclear energy without considering energy diversity due to which troubles might ensue. The priority issue for Taiwan’s energy mix is energy security. To deal with these concerns, this study suggests the government could improve energy efficiency, build a smart grid, develop carbon capture and storage, and reconsider putting nuclear energy back into the energy mix before renewable energy is scaled.


2021 ◽  
Vol 26 ◽  
pp. 100448
Author(s):  
Saleh Sadeghi Gougheri ◽  
Hamidreza Jahangir ◽  
Mahsa A. Golkar ◽  
Ali Ahmadian ◽  
Masoud Aliakbar Golkar

Energies ◽  
2021 ◽  
Vol 14 (9) ◽  
pp. 2728
Author(s):  
Chun-Nan Chen ◽  
Chun-Ting Yang

The Taiwanese government has set an energy transition roadmap of 20% renewable energy supply by 2025, including a 20 GW installed PV capacity target, composed of 8 GW rooftop and 12 GW ground-mounted systems. The main trend of feed-in tariffs is downwards, having fallen by 50% over a ten-year period. Predicting the future ten-year equity internal rate of return (IRR) in this study, we examine the investability of PV systems in Taiwan when subsidies and investment costs descend. We have found that the projected subsidies scheme favours investment in small-sized PV systems. Unless the investment costs of medium-sized PV systems fall or subsidies rise over the next decade, investing in medium-sized PV systems will be less attractive. Nonlinear and linear degradation causes slight IRR differences when using higher-reliability modules.


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