Since dependency on fossil fuels and nuclear energy has become a main global concern, the South Korean government has made significant efforts for the diffusion and vitalization of renewable energy generation facilities. One of the notable efforts for renewable energy is the government's and research institutes’ provision of natural resource maps. Although these maps are useful for the diffusion of renewable energy generation systems, the economic feasibility of these systems can be affected by various factors (e.g., cost of the components in the systems or the characteristics of national electricity demand). Therefore, the current study investigates the economic feasibility of renewable energy generation systems in 17 selected cities in South Korea using information on the currently considered components and the hybrid optimization of multiple energy resources (HOMER) software. Based on the simulation results, the optimal configurations for the cities are introduced, the potentiality of utilizing renewable energy resources in the cities evaluated, and the renewable energy resources ranked for each city. Among the suggested cities, Jeju and Incheon are nominated as two promising locations for utilizing renewable energy resources. Moreover, this study presents the general economic feasibility maps for South Korean cities, as well as discusses both implications and limitations.
Renewable and Sustainable Energy Reviews – Elsevier
Published: Nov 1, 2017
It’s your single place to instantly
discover and read the research
that matters to you.
Enjoy affordable access to
over 18 million articles from more than
15,000 peer-reviewed journals.
All for just $49/month
Query the DeepDyve database, plus search all of PubMed and Google Scholar seamlessly
Save any article or search result from DeepDyve, PubMed, and Google Scholar... all in one place.
Get unlimited, online access to over 18 million full-text articles from more than 15,000 scientific journals.
Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.
All the latest content is available, no embargo periods.
“Hi guys, I cannot tell you how much I love this resource. Incredible. I really believe you've hit the nail on the head with this site in regards to solving the research-purchase issue.”Daniel C.
“Whoa! It’s like Spotify but for academic articles.”@Phil_Robichaud
“I must say, @deepdyve is a fabulous solution to the independent researcher's problem of #access to #information.”@deepthiw
“My last article couldn't be possible without the platform @deepdyve that makes journal papers cheaper.”@JoseServera