화학공학소재연구정보센터
홈 로그인 로그아웃 연락처 사이트맵
Korean Journal of Chemical Engineering, Vol.33, No.10, 2808-2819, October, 2016
DOI10.1007/s11814-016-0209-0  Export Citation
An optimization-based planning of investment strategies for a renewable energy supply system from biomass utilization
Seolhee Cho, and Jiyong Kim†
  • Department of Energy and Chemical Engineering, Incheon National University, Incheon 22012, Korea
E-mail:
A strategic investment plan to establish renewable energy source (RES) systems plays an important role in various decision-making processes, from a stakeholder in business purposes to a policy maker for public benefits. In this study, we have developed a new optimization model to establish efficient investment strategies to design and operate a biomass to hydrogen (B2H2) system, which includes the features of RES (e.g., intermittent availability) and RES technologies (e.g., low conversion efficiency) along with various external factors on energy economy (energy price fluctuation and demand uncertainty). As a result, we identified the optimal long-term plan of investment strategy including timing, utilized amount, and capacity of facilities. In addition, we performed an economic sensitivity analysis for major parameters and evaluated a sustainability of the B2H2 system using additional metrics such as energy security and environmental protection.
Keywords:Biomass;Investment Strategy;Optimization;Hydrogen;Korea
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