Optimal Hybrid Renewable Power System for an Emerging Island of South Korea: The Case of Yeongjong Island
Autor: | Hyun Joon Chang, Seoin Baek, Heetae Kim |
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Jazyk: | angličtina |
Rok vydání: | 2015 |
Předmět: |
Natural resource economics
Geography Planning and Development TJ807-830 Environmental pollution Management Monitoring Policy and Law TD194-195 Renewable energy sources Environmental protection Green growth Economics GE1-350 Feed-in tariff HOMER Environmental effects of industries and plants Renewable Energy Sustainability and the Environment business.industry sustainability renewable energy Renewable energy Environmental sciences microgrid Central government Sustainability Microgrid Electricity business |
Zdroj: | Sustainability, Vol 7, Iss 10, Pp 13985-14001 (2015) Sustainability Volume 7 Issue 10 Pages 13985-14001 |
ISSN: | 2071-1050 |
Popis: | South Korea, which has led in “green growth” since 2012, is now focusing on investigating new-growth engine industries such as the gaming industry and mega-resort development. Yeongjong Island is the most representative and promising location for nurturing the gaming industry, which has already generated more than 20 billion USD. However, the construction of mega resort clusters generates critical energy issues. Despite this potential problem, local governments and South Korea’s central government have not yet established a sustainable energy blueprint plan. Therefore, the objective of our research is to analyze and suggest an optimal hybrid renewable power system for Yeongjong Island by using empirical data (load data, climate data, equipment data, and economic variables). The results of the study academically show 100% of electricity in Yeongjong Island with renewable energy-oriented hybrid system technologically, economically, and socially feasible for the following reasons: First, the island’s renewable energy station has a lower cost and a shorter construction period than other energy stations. Second, the island’s renewable energy station produces no carbon dioxide and has no risk of other environmental pollution that may encounter resistance from local residents. |
Databáze: | OpenAIRE |
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