Abstract
The global demand for renewable energy in recent decades has continued to increase, despite adverse economic conditions such as world economic recessions, trade disputes, and falls in gas and oil prices. During this period, the United States and Europe have led the development of renewable energy technologies, but now emerging countries such as China, Brazil, India, and the Republic of Korea are also been actively participating in developing and deploying renewable energy. For example, since 1989, the Korea Electric Power Corporation has built a well-known test site for the application of renewable energy resources, including 500 kW photovoltaic systems with smooth integration into power grids in the Gochang area. The main objects of this study are (1) to review the recent trends in renewable energy systems, including solar, wind, bioenergy, hydroelectric, and tidal power, for electric power generation developed in Korea and (2) to introduce the test sites in Korea. For this purpose, this study examines the current activities of industry and government in Korea and compares them with global trends.
Highlights
The global demand for renewable energy has continued to increase over the past few decades, but the rate of growth has decreased due to adverse economic conditions such as the global economic recession, various trade disputes, and falling gas and oil prices [1,2]
Evaluation and Planning in 2013, the technology level of tidal power in Korea is close to European countries and it is expected that tidal power will play a main role in the early ocean energy market in
The most noticeable project for the application of smart grids and renewable energy resources is a test bed constructed on the Jeju Island, which included participation of 10 consortiums and 168 companies, costing a total of 64.5 billion KRW from 2009 to 2013 [10]
Summary
The global demand for renewable energy has continued to increase over the past few decades, but the rate of growth has decreased due to adverse economic conditions such as the global economic recession, various trade disputes, and falling gas and oil prices [1,2]. There is a concern that the competitiveness of renewable energy as a source for electric power generation will not increase and that global investments in the renewable energy industry may freeze [1]. The United States and Europe have led the development of global renewable energy during the past few decades, emerging countries such as China, Brazil, India, and Korea have been actively participating in the development and deployment of renewable energy resources [1,2].
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