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Optimal Hybrid Renewable Power System for an Emerging Island of South Korea: The Case of Yeongjong Island

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  • Seoin Baek

    (Graduate School of Innovation and Technology, KAIST, Daejeon 305–701, Korea)

  • Heetae Kim

    (Graduate School of Innovation and Technology, KAIST, Daejeon 305–701, Korea)

  • Hyun Joon Chang

    (Graduate School of Innovation and Technology, KAIST, Daejeon 305–701, Korea)

Abstract

South Korea, which has led in “green growth” since 2012, is now focusing on investigating new-growth engine industries such as the gaming industry and mega-resort development. Yeongjong Island is the most representative and promising location for nurturing the gaming industry, which has already generated more than 20 billion USD. However, the construction of mega resort clusters generates critical energy issues. Despite this potential problem, local governments and South Korea’s central government have not yet established a sustainable energy blueprint plan. Therefore, the objective of our research is to analyze and suggest an optimal hybrid renewable power system for Yeongjong Island by using empirical data (load data, climate data, equipment data, and economic variables). The results of the study academically show 100% of electricity in Yeongjong Island with renewable energy-oriented hybrid system technologically, economically, and socially feasible for the following reasons: First, the island’s renewable energy station has a lower cost and a shorter construction period than other energy stations. Second, the island’s renewable energy station produces no carbon dioxide and has no risk of other environmental pollution that may encounter resistance from local residents.

Suggested Citation

  • Seoin Baek & Heetae Kim & Hyun Joon Chang, 2015. "Optimal Hybrid Renewable Power System for an Emerging Island of South Korea: The Case of Yeongjong Island," Sustainability, MDPI, vol. 7(10), pages 1-17, October.
    • Handle: RePEc:gam:jsusta:v:7:y:2015:i:10:p:13985-14001:d:57358
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    3. Seoin Baek & Heetae Kim & Hyun Joon Chang, 2016. "Optimal Hybrid Renewable Airport Power System: Empirical Study on Incheon International Airport, South Korea," Sustainability, MDPI, vol. 8(6), pages 1-13, June.
    4. Athila Quaresma Santos & Zheng Ma & Casper Gellert Olsen & Bo Nørregaard Jørgensen, 2018. "Framework for Microgrid Design Using Social, Economic, and Technical Analysis," Energies, MDPI, vol. 11(10), pages 1-22, October.
    5. Xun Zhang & Yuehui Ma & Bin Ye & Zhang-Ming Chen & Ling Xiong, 2016. "Feasibility Analyses of Developing Low Carbon City with Hybrid Energy Systems in China: The Case of Shenzhen," Sustainability, MDPI, vol. 8(5), pages 1-16, May.
    6. Sajid Ali & Choon-Man Jang, 2019. "Selection of Best-Suited Wind Turbines for New Wind Farm Sites Using Techno-Economic and GIS Analysis in South Korea," Energies, MDPI, vol. 12(16), pages 1-22, August.
    7. Mohammed H. Alsharif & Jeong Kim & Jin Hong Kim, 2018. "Opportunities and Challenges of Solar and Wind Energy in South Korea: A Review," Sustainability, MDPI, vol. 10(6), pages 1-23, June.
    8. Akbar Maleki & Marc A. Rosen & Fathollah Pourfayaz, 2017. "Optimal Operation of a Grid-Connected Hybrid Renewable Energy System for Residential Applications," Sustainability, MDPI, vol. 9(8), pages 1-20, July.
    9. Md Mijanur Rahman & Mohammad Shakeri & Sieh Kiong Tiong & Fatema Khatun & Nowshad Amin & Jagadeesh Pasupuleti & Mohammad Kamrul Hasan, 2021. "Prospective Methodologies in Hybrid Renewable Energy Systems for Energy Prediction Using Artificial Neural Networks," Sustainability, MDPI, vol. 13(4), pages 1-28, February.
    10. Henrique Oliveira & Víctor Moutinho, 2021. "Renewable Energy, Economic Growth and Economic Development Nexus: A Bibliometric Analysis," Energies, MDPI, vol. 14(15), pages 1-28, July.
    11. Sangjib Kwon & Hyungbae Gil & Seoin Baek & Heetae Kim, 2022. "Optimal Solution for a Renewable-Energy-Generation System at a Private Educational Institute in South Korea," Energies, MDPI, vol. 15(24), pages 1-11, December.
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