Feasibility analysis of introducing renewable energy systems in environmental basic facilities: A case study in Busan, South Korea

Jiwon Kim, Hyunho Choi, Samuel Kim and Jaecheul Yu

Energy, 2018, vol. 150, issue C, 702-708

Abstract: The present operation and future expansion feasibility of renewable energy at 30 business locations in 12 EBFs in Busan at South Korea were investigated. Currently, 197 GWh/yr of electric power is produced from renewable energies at the EBFs. The largest energy source, except waste heat, is biogas (154 GWh/yr), followed by solar photovoltaic (5.56 KWh/yr) at 11 business locations. A field survey revealed potential production by PV, wind power, and small hydropower of 8.2, 6.2 and 0.751 GWh/yr with associated GHG mitigation of 3620, 2737, and 332 tCO2/yr, respectively, at 26 business locations. A cost-benefit analysis demonstrates that the use of governmental support or private investment could be the most efficient way to introduce renewable energies to EBFs.

Keywords: Cost-benefit analysis; Environmental basic facility; Photovoltaic; Renewable energy; Small hydro power; Wind power (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:150:y:2018:i:c:p:702-708

DOI: 10.1016/j.energy.2018.03.006

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