Korean Journal of Chemical Engineering, Vol.33, No.10, 2808-2819, 2016
An optimization-based planning of investment strategies for a renewable energy supply system from biomass utilization
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.
[References]
Nelson DB, Nehrir MH, Wang C, Renew. Energy , 31 (10), 1641, 2006
Yang HX, Zhou W, Lou CZ, Appl. Energy , 86 (2), 163, 2009
Diaf S, Notton G, Belhamel M, Haddadi M, Louche A, Appl. Energy , 85 (10), 968, 2008
Akgul O, Shah N, Papageorgiou LG, Biomass Bioenerg. , 41 , 57, 2012
Akgul O, Shah N, Papageorgiou LG, Comput. Chem. Eng. , 42 , 101, 2012
Ryu JH, Korean J. Chem. Eng. , 30 (1), 27, 2013
Kim J, Moon I, Int. J. Hydrog. Energy , 33 (21), 5887, 2008
Almaraz SD, Azzaro-Pantel C, Montastruc L, Boix M, Chem. Eng. Res. Des. , 104 , 11, 2015
Almaraz SD, Azzaro-Pantel C, Montastruc L, Pibouleau L, Senties OB, Int. J. Hydrog. Energy , 38 (33), 14121, 2013
Ding J, Somani A, 2010 IEEE Green Technologies Conference , 1, 2010
Kumbaroglu G, Madlener R, Demirel M, Energy Econ. , 30 (4), 1882, 2008
Dal-Mas M, Giarola S, Zamboni A, Bezzo F, Biomass Bioenerg. , 35 (5), 2059, 2011
Ahn YC, Lee IB, Lee KH, Han JH, Appl. Energy , 154 , 528, 2015
Kim J, Moon I, Int. J. Hydrog. Energy , 33 (24), 7326, 2008
Gim B, Boo KJ, Cho SM, Int. J. Hydrog. Energy , 37 (2), 1162, 2012
Kalinci Y, Hepbasli A, Dincer I, Int. J. Hydrog. Energy , 34 (21), 8799, 2009
Turner J, Sverdrup G, Mann MK, Maness PC, Kroposki B, Ghirardi M, Evans RJ, Blake D, Int. J. Energy Res. , 32 (5), 379, 2008
Hallenbeck PC, Benemann JR, Int. J. Hydrog. Energy , 27 (11-12), 1185, 2002
Kim J, Lee Y, Moon I, Int. J. Hydrog. Energy , 33 (18), 4715, 2008
Almansoori A, Shah N, Chem. Eng. Res. Des. , 84 (6), 423, 2006
Almansoori A, Shah N, Int. J. Hydrog. Energy , 37 (5), 3965, 2012
Cho S, Kim J, Energy , 85 , 317, 2015
Martin M, Grossmann IE, Comput. Chem. Eng. , 35 (9), 1798, 2011
Lv PM, Wu CZ, Ma LL, Yuan ZH, Renew. Energy , 33 (8), 1874, 2008
Parker NC, Ogden JM, Fan YY, Energy Policy , 36 (10), 3925, 2008
Parker N, Fan Y, Ogden J, Transportation Research Part E:Logistics and Transportation Review , 46 (4), 534, 2010
Parthasarathy P, Narayanan S, Korean J. Chem. Eng. , 32 (11), 2236, 2015
Paatero JV, Lund PD, Renew. Energy , 32 (2), 216, 2007
Almaraz SDL, Azzaro-Pantel C, Montastruc L, Domenech S, Int. J. Hydrog. Energy , 39 (23), 11831, 2014
Monga A, Zuo MJ, Comput. Ind. Eng. , 40 (4), 323, 2001
Cho S, Woo YB, Kim BS, Kim J, Biomass Bioenerg. , 87 , 144, 2016
Korean Statistical Information Service, Statics Korea (2013).
Simbeck D, Chang E, Hydrogen Supply: Cost Estimate for Hydrogen Pathway-Scoping Analysis, November (2002).
No K, Jeong Y, Yang J, Cheon H, Jeong S, Korea Livestock Economic Institute (KLEI), 1 (2010).
New & Renewable Energy Data Center, Korea Institute of Energy Research (KIER) (2015).
Telmo C, Lousada J, Biomass Bioenerg. , 35 (5), 1663, 2011
Lim JS, Manan ZA, Alwi SRW, Hashim H, Renew. Sust. Energ. Rev. , 16 (5), 3084, 2012
Marvin WA, Schmidt LD, Benjaafar S, Tiffany DG, Daoutidis P, Chem. Eng. Sci. , 67 (1), 68, 2012
Division of Technology, Industry and Ecommics (DTIE), United Nations Environment Programme (UNEP) (2009).
Wright LL, Perlack RD, Turhollow AF, Eaton LM, IEA Bioenergy , 1, 2011
Cheng JJ, Timilsina GR, Renew. Energy , 36 (12), 3541, 2011
McKendry P, Bioresour. Technol. , 83 (1), 37, 2002
Gielen D, International Renewable Energy Agency (IRENA), 1 (2012).
Khanna M, Dhungana B, Clifton-Brown J, Biomass Bioenerg. , 32 (6), 482, 2008
Gallagher T, Shaffer B, Rummer B, Biomass Bioenerg. , 30 (8), 794, 2006
Oliveira D, Dias ME, Vaughan BE, Rykiel EJ, Bioscience , 55 (7), 593, 2005
Bullard M, Metcalfe P, London, England: ADAS Consulting Ltd. (2001).
Manzone M, Calvo A, Renew. Energy , 86 , 675, 2016
Parks DG, Curry-Nkansah M, Hughes E, Sterzinger G, National Renewable Energy Laboratory (NREL), NREL/BK-6A10-51726, 1 (2011).
NREL, System Advisor Model (2012).
Aden A, Eggeman T, Jechura J, Ringer M, Spath P, Wallace B, Technical ReportBiomass to Hydrogen NREL/TP-510-37408 Production (2005).
Hiete M, Ludwig J, Bidart C, Schultmann F, Challenges for sustainable biomass utilisation, KIT Scientific Publishing (2009).
Almaraz SD, Azzaro-Pantel C, Montastruc L, Pibouleau L, Senties OB, Int. J. Hydrog. Energy , 38 (33), 14121, 2013
[Cited By]
Ryu JH, Korean Journal of Chemical Engineering , 35 (2), 328, 2018
Kim SS, Tsang YF, Kwon EE, Lin KYA, Lee JC, Korean Journal of Chemical Engineering , 36 (1), 1, 2019
Yao X, Yu Q, Xu G, Han Z, Qin Q, Korean Journal of Chemical Engineering , 36 (5), 722, 2019
Niaz H, MansourLakouraj M, Liu J, Korean Journal of Chemical Engineering , 38 (8), 1617, 2021
이전 논문 다음 논문
Result Search