A Study on the Performance and Policy Evaluation of Turbo Expander Generation Interconnected to Distribution Systems

Abstract

In the face of environmental problems, the energy industry needs to convert energy sources into clean energy, but the technological maturity of renewable energy such as solar and wind power is not high enough, so each country is implementing expansion and dissemination policies based on various systems. The most representative energy policy, renewable energy certificate (REC) transaction system, based on the renewable portfolio standard (RPS), is a policy to supplement the economic feasibility of renewable generations until the technological maturity of them is completed, and is characterized by giving proper weights to each sources. TEG, a power generation source that utilizes waste pressure in the process of decompressing high-pressure gas, is one of the new renewable power candidates in the spotlight in terms of high eco-friendliness and energy recovery. In this paper, the economic and policy factors are evaluated to calculate the REC multipliers for new types of power sources. In particular, it is estimated based on the power generation and electricity sales performance data collected through the operation of the 300 kW TEG operating at the Gimhae decompression facility in Korea.