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DOI | 10.1016/j.enpol.2019.03.014 |
Competitiveness of open-cycle gas turbine and its potential in the future Korean electricity market with high renewable energy | |
Kim, Eun-Hwan1; Park, Yong-Gi3; Roh, Jae Hyung2 | |
2019-06-01 | |
发表期刊 | ENERGY POLICY |
ISSN | 0301-4215 |
EISSN | 1873-6777 |
出版年 | 2019 |
卷号 | 129页码:1056-1069 |
文章类型 | Article |
语种 | 英语 |
国家 | South Korea |
英文摘要 | In this paper, we analyzed the competitiveness of an open-cycle gas turbine (OCGT) in the Korean electricity market and found reasons why OCGT has not been constructed since 2001, when the market opened. Through the analysis, we found that OCGT was weak in the Korean electricity market due to 3 factors: high load factor, high price of liquefied natural gas, and existing inefficient power plants. Using the conformity theory of the optimum in resource planning and the equilibrium in market dynamics, we verified the reasons by implementing resource planning using the Wien Automatic System Planning (WASP)-IV package with actual market data for the 16 years from 2001 to 2016. In addition, considering the new energy policy of Korea, shifting main sources of electricity generation from nuclear and coal to clean renewable energies and natural gas, we analyzed the competitiveness of OCGT in the future Korean electricity market. We identified the factors unfavorable for OCGT in the current market and suggested what should be changed to cope with high renewable energy penetration. |
英文关键词 | Open-cycle gas turbine Renewable energy System flexibility Korean electricity market |
领域 | 气候变化 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000468012900097 |
WOS类目 | Economics ; Energy & Fuels ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/183586 |
专题 | 气候变化 |
作者单位 | 1.Korea Power Exchange, Power Market Dev Div, 625 Bitgaram Ro, Naju 58322, Jellanam Do, South Korea; 2.Konkuk Univ, Dept Elect Engn, 120 Neungdong Ro, Seoul 05029, South Korea; 3.Youngsan Univ, Dept Elect & Elect Engn, 288 Junam Ro, Yangsan 50510, Kyungnam Do, South Korea |
推荐引用方式 GB/T 7714 | Kim, Eun-Hwan,Park, Yong-Gi,Roh, Jae Hyung. Competitiveness of open-cycle gas turbine and its potential in the future Korean electricity market with high renewable energy[J]. ENERGY POLICY,2019,129:1056-1069. |
APA | Kim, Eun-Hwan,Park, Yong-Gi,&Roh, Jae Hyung.(2019).Competitiveness of open-cycle gas turbine and its potential in the future Korean electricity market with high renewable energy.ENERGY POLICY,129,1056-1069. |
MLA | Kim, Eun-Hwan,et al."Competitiveness of open-cycle gas turbine and its potential in the future Korean electricity market with high renewable energy".ENERGY POLICY 129(2019):1056-1069. |
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